Totals
- Total revenue
- $30,695,964
- Total expenses
- $29,709,392
- Contributions and grants received
- $3,355,003
- Grants paid
- $0
- Program service revenue
- $24,895,264
- Investment income
- $2,433,996
- Other revenue
- $11,701
- Total assets, end of year
- $77,787,914
- Total liabilities, end of year
- $9,734,813
- Net assets or fund balances, end of year
- $68,053,101
- Program services expenses (Part IX)
- $20,686,668
- Management and general expenses
- $8,660,437
- Fundraising expenses
- $362,287
- Program service expenses (Part III)
- $20,686,668
Program services were 69.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$3,355,003
-
2a · Program service revenue: Booster Club
total $70,710 · related or exempt $70,710
-
2b · Program service revenue: Lunch Program Revenue
total $851,504 · related or exempt $851,504
-
2c · Program service revenue: MAPS Revenue
total $401,813 · related or exempt $401,813
-
2d · Program service revenue: Summer Program
total $660,011 · related or exempt $660,011
-
2e · Program service revenue: Tuition
total $22,909,866 · related or exempt $22,909,866
-
2f · All other program service revenue
total $1,360 · related or exempt $1,360
-
3 · Investment income
total $1,492,769 · related or exempt $1,492,769
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $18,800,529
-
7b · Less cost or other basis and sales expenses
securities $17,859,302
-
7c · Gain or loss
securities $941,227
-
7d · Net gain or loss
total $941,227 · related or exempt $941,227
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Other Income
total $11,701 · related or exempt $11,701
-
11e · Other revenue, total
$11,701
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $257,585 · management and general $257,585
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $14,737,215 · program services $10,958,642 · management and general $3,778,573
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $3,836,415 · program services $2,898,388 · management and general $938,027
-
10 · Payroll taxes
total $1,130,441 · program services $825,222 · management and general $305,219
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $100,801 · management and general $100,801
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $573,725 · program services $573,725
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $22 · management and general $22
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $1,919,149 · program services $1,919,149
-
23 · Insurance
total $210,941 · program services $28,369 · management and general $182,572
-
24a · Other expenses: Student activities & athletics
total $1,897,729 · program services $1,788,512 · management and general $109,217
-
24b · Other expenses: Other
total $1,686,954 · program services $1,152,925 · management and general $534,029
-
24c · Other expenses: Security
total $792,672 · management and general $792,672
-
24d · Other expenses: School activities
total $789,702 · management and general $427,415 · fundraising $362,287
-
24e · All other expenses
total $1,776,041 · program services $541,736 · management and general $1,234,305
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $5,508,021 · end of year $6,581,896
-
3 · Pledges and grants receivable
beginning of year $261,701 · end of year $244,103
-
4 · Accounts receivable
end of year $891,032
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $876,150 · end of year $49,804
-
10a · Land, buildings and equipment: cost or other basis
$67,907,481
-
10b · Land, buildings and equipment: accumulated depreciation
$34,746,765
-
10c · Land, buildings and equipment, net
beginning of year $31,233,945 · end of year $33,160,716
-
11 · Investments: publicly traded securities
beginning of year $37,126,955 · end of year $36,782,597
-
12 · Investments: other securities
beginning of year $130,579 · end of year $26,443
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $15,447 · end of year $51,323
-
17 · Accounts payable and accrued expenses
beginning of year $889,084 · end of year $588,285
-
19 · Deferred revenue
beginning of year $8,560,383 · end of year $9,104,330
-
25 · Other liabilities
beginning of year $41,900 · end of year $42,198
-
27 · Net assets without donor restrictions
beginning of year $52,002,727 · end of year $53,935,603
-
28 · Net assets with donor restrictions
beginning of year $13,658,704 · end of year $14,117,498
Mission and programs · 2023
Mission
The Meadows School develops in its students a love of, and respect for, learning. Inspiring them to seek knowledge independently and preparing them for higher academic pursuits. The school maintains high standards and seeks to instill in its students the concept that education carries with it an obligation to self, family, and community. It encourages each student to become a compassionate and productive member of the increasingly global society of the 21st century.
-
The Meadows School educates 847 students, ranging from grades PreK-12. Our approach to learning combines a traditional education with a focus on 21st century skills. To this end, communication, collaboration, critical thinking, and creativity are mainstays of the classroom experience. Students at the Meadows School learn that education carries with it a responsibility to one's self, family, and community. Service learning is emphasized in all grades, culminating with specific hour requirements in the upper school and an all-school day of service in the spring. Our liberal arts philosophy towards teaching ensures students graduate with a love of learning and a well-rounded portfolio of educational experiences. At the Meadows, we believe that the most productive members of society are exposed to all scholastic disciplines. To that end, future lawyers study physics and future doctors read Shakespeare. Since our first graduating class in 1991, 100% of TMS alumni have been accepted to 4-year colleges and universities. They arrive to their new campuses with curious, creative minds ready to change the world.
Expenses $19,428,314 · Revenue $24,043,760
-
Lunches were provided through an outside service provider for approximately 500 students.
Expenses $829,196 · Revenue $851,504
-
Transportation provided for athletic & field trip student events.
Expenses $429,158
As filed on the 2023 return.
Listed in Part VII
-
Claude Alexander Grubair
Former HOS
- Total calculated
- $282,195
- From this org
- $282,195
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $282,195
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $282,195
-
Jason Berckley
Head of School
- Total calculated
- $257,585
- From this org
- $253,838
- From related orgs
- $0
- Other
- $3,747
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $228,838
- Bonus
- not reported
- Other
- $25,000
- Deferred
- not reported
- Nontaxable benefits
- $3,747
- Filer's total
- $257,585
-
Joseph Evans Carver
Dir of Technology
- Total calculated
- $209,006
- From this org
- $200,083
- From related orgs
- $0
- Other
- $8,923
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $200,083
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $8,923
- Filer's total
- $209,006
-
Bret L Peterson
Dir of Facilities
- Total calculated
- $198,846
- From this org
- $159,852
- From related orgs
- $0
- Other
- $38,994
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $159,852
- Bonus
- not reported
- Other
- not reported
- Deferred
- $30,000
- Nontaxable benefits
- $8,994
- Filer's total
- $198,846
-
Brian P Siegel
Dir of Lower Sch.
- Total calculated
- $197,670
- From this org
- $181,582
- From related orgs
- $0
- Other
- $16,088
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $181,582
- Bonus
- not reported
- Other
- not reported
- Deferred
- $12,000
- Nontaxable benefits
- $4,088
- Filer's total
- $197,670
-
Larry M Schneiderman
Interim CFO
- Total calculated
- $170,506
- From this org
- $161,512
- From related orgs
- $0
- Other
- $8,994
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $161,512
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $8,994
- Filer's total
- $170,506
-
Sylvia Tiscareno
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Shahab Sharlin-Ahmed Khan
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Justin M Stacie T Michaels
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
John H Joanna M Falb
Treasurer
- Total calculated
- $0
- Hours/week
- 0
-
Bradley J Sher
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Matthew J Ashley L Levin
Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Joshua S Naz A Ford
COT Chair
- Total calculated
- $0
- Hours/week
- 0
-
Archibald C Diane B Rufty
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Robert L Boughner
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Matthew B April L Becker
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Dr Paul H Monica Janda
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Matthew C Jaime M Chilton
Chair
- Total calculated
- $0
- Hours/week
- 0
-
Conor Flynn Harmony Letizia
Vice Chair
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 2 · Substantiation required before reimbursing expenses
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 30 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500309349300340
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