Newmeadow Inc
- Assets
- $4.8m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 119
- Location
- Clifton Park, NY
- Founding
- 04/1984
- Data as of
- 06/2021
- EIN
- 14-1637035
Organization Overview
Newmeadow Inc is located in Clifton Park, NY. The organization was established in 1984. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2021, Newmeadow Inc employed 119 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newmeadow Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Newmeadow Inc generated $4.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $4.6m during the year ending 06/2021. While expenses have increased by 4.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVISION OF PRESCHOOL SERVICES FOR CHILDREN WITH SPECIAL NEEDS AGES THREE (3) TO FIVE (5).
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF PRESCHOOL SERVICES FOR CHILDREN WITH SPECIAL NEEDS AGES THREE (3) TO FIVE (5).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Mckenzie Executive Director | Officer | 37.5 | $108,844 |
Holly Cheverton President | OfficerTrustee | 0 | $0 |
Anne Hoffman Secretary | OfficerTrustee | 0 | $0 |
Janice Krug Vice President/treasurer | OfficerTrustee | 0 | $0 |
Jeff Haraden Director | Trustee | 0 | $0 |
Marianne Mustafa Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $140,225 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,800 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $160,025 |
| Total Program Service Revenue | $3,925,303 |
| Investment income | $1,032 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,780,661 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $108,844 |
| Compensation of current officers, directors, key employees. | $108,844 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,125,227 |
| Pension plan accruals and contributions | $199,901 |
| Other employee benefits | $345,955 |
| Payroll taxes | $242,011 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $89,599 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $82,170 |
| Travel | $379 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $83,847 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $130,281 |
| Insurance | $19,148 |
| All other expenses | $34,280 |
| Total functional expenses | $4,640,440 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $390,587 |
| Savings and temporary cash investments | $683,269 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $793,922 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,635 |
| Net Land, buildings, and equipment | $2,959,621 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,842,034 |
| Accounts payable and accrued expenses | $507,396 |
| Grants payable | $0 |
| Deferred revenue | $156,692 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,970,927 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $232,104 |
| Total liabilities | $2,867,119 |
| Net assets without donor restrictions | $1,974,915 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,842,034 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Newmeadow Inc has recieved totaling $5,822.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $5,822 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Variety Child Learning Center Syosset, NY | $8,356,973 | $21,867,725 |
Nashoba Learning Group Inc Bedford, MA | $17,818,775 | $20,934,730 |
The Hagedorn Little Village School Seaford, NY | $17,101,359 | $21,155,572 |
Summit School Upper Nyack, NY | $17,974,431 | $18,614,927 |
Steppingstone Day School Inc Kew Garden Hills, NY | $5,707,568 | $18,884,905 |
Childrens Center Of Hamden Inc Hamden, CT | $5,057,304 | $17,805,585 |
Kennedy Childrens Center New York, NY | $16,208,391 | $17,351,422 |
Eclc Of Nj A New Jersey Non Profit Corporation Chatham, NJ | $5,195,140 | $18,377,068 |
Kingsway Learning Center Moorestown, NJ | $5,041,618 | $18,181,631 |
Pennsylvania School For The Deaf Philadelphia, PA | $50,307,552 | $18,217,495 |
League School Brooklyn, NY | $8,003,102 | $18,878,930 |
League School Of Greater Boston Inc Walpole, MA | $19,876,889 | $16,713,452 |