Meadowbrook School
- Assets
- $2.7m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 58
- Location
- Meadowbrook, PA
- Founding
- 09/1958
- Data as of
- 06/2023
- EIN
- 23-1352659
Organization Overview
Meadowbrook School is located in Meadowbrook, PA. The organization was established in 1958. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Meadowbrook School employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meadowbrook School 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 06/2023, Meadowbrook School generated $4.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $4.1m during the year ending 06/2023. While expenses have increased by 3.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE MEADOWBROOK SCHOOL IS TO BRING LIFE TO LEARNING FOR ELEMENTARY-AGED CHILDREN IN A NURTURING, FUN, AND COLLABORATIVE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEADOWBROOK IS A SMALL, CO-EDUCATIONAL INDEPENDENT SCHOOL FOUNDED IN 1919. LOCATED IN ABINGTON TOWNSHIP, PA, THE SCHOOL IS COMMITTED TO MEETING THE INTELLECTUAL, SOCIAL, AND EMOTIONAL NEEDS OF ITS STUDENTS WITH THE FRAMEWORK OF A TRADITIONAL AND STRUCTURED PROGRAM. EXPLICIT RULES ARE KEPT TO A MINIMUM. SMALL CLASSES, FLEXIBLE GROUPINGS, EXTENSIVE USE OF TEACHING ASSISTANTS, A RICH ARRAY OF SPECIAL OFFERINGS, AND MIXED-AGE SOCIAL SITUATIONS ARE PREVALENT. THE CLIMATE OF THE SCHOOL IS WARM AND PERSONAL. HELPING EACH OTHER, SHARING, WORKING HARD, AND RESPECTING OTHER PEOPLE'S IDEAS AND FEELINGS ARE SOME OF THE GUIDING PRINCIPLES. MEADOWBROOK IS ALSO UNIQUE IN ITS STRONG FAMILY EMPHASIS. FIRST, PARENTS ARE VIEWED AS PARTNERS IN THE LEARNING PROCESS. COMMUNICATION BETWEEN HOME AND SCHOOL IS FREQUENT. ALSO, MEADOWBROOK IS A NON-PROFIT PARENT CORPORATION WITH EACH FAMILY PLAYING A VITAL ROLE IN THE SCHOOL'S DEVELOPMENT. THE BOARD OF DIRECTORS IS PRIMARILY COMPOSED OF PARENTS WHO ESTABLISH THE POLICIES OF THE SCHOOL. FINALLY, PARENTS ARE EVIDENT IN ALL AREAS OF SCHOOL LIFE. THEY ASSIST TEACHERS AS SPECIAL RESOURCES, HELPERS ON TRIPS, AND IN ORGANIZING SPECIAL CLASSROOM EVENTS. THERE IS AN OFFICIAL PARENT ORGANIZATION CALLED P.O.M. (PARENTS OF MEADOWBROOK) THAT PRIMARILY RAISES MONEY FOR PROJECTS THAT WILL BENEFIT THE SCHOOL AND FURTHER ITS REPUTATION AS ONE OF THE AREA'S LEADING INDEPENDENT SCHOOLS. MEADOWBROOK SCHOOL OFFERS AN UNWAVERING COMMITMENT TO ACADEMIC EXCELLENCE FOR A DIVERSE POPULATION OF ELEMENTARY SCHOOL CHILDREN. THE SCHOOL BELIEVES EDUCATION INCLUDES LEARNING TO APPRECIATE THE VALUE OF HARD WORK, EXPANDING A SENSE OF INTEGRITY, AND PRACTICING HUMANITY TOWARD OTHERS WHILE INSPIRING STUDENTS TO MAKE POSITIVE DIFFERENCES. WE STRIVE TO HAVE OUR STUDENTS WELL-PREPARED AND EAGER TO TAKE ON FUTURE CHALLENGES. THE SCHOOL SERVED 159 STUDENTS DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Sweigard President | OfficerTrustee | 10 | $0 |
Alicia Kent Vice Preside | OfficerTrustee | 5 | $0 |
Jennifer Demasi Treasurer | OfficerTrustee | 2 | $0 |
Marlene Sidhu Secretary | OfficerTrustee | 5 | $0 |
Clifford Haugen Member | Trustee | 2 | $0 |
Matt Evans Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $34,250 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $598,182 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $632,432 |
| Total Program Service Revenue | $3,479,437 |
| Investment income | $20,962 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $180,834 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $78,007 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,459,331 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $667,700 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $172,385 |
| Compensation of current officers, directors, key employees. | $5,176 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,417,124 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $696,837 |
| Payroll taxes | $109,028 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,008 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $49,744 |
| Advertising and promotion | $34,284 |
| Office expenses | $53,026 |
| Information technology | $72,348 |
| Royalties | $0 |
| Occupancy | $194,349 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,115 |
| Interest | $116,319 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $75,447 |
| Insurance | $9,861 |
| All other expenses | $81,945 |
| Total functional expenses | $4,079,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $670,364 |
| Savings and temporary cash investments | $9,399 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $163,342 |
| 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 | $46,017 |
| Net Land, buildings, and equipment | $1,040,442 |
| Investments—publicly traded securities | $744,368 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,673,932 |
| Accounts payable and accrued expenses | $241,363 |
| Grants payable | $0 |
| Deferred revenue | $300,081 |
| 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 | $1,761,367 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,302,811 |
| Net assets without donor restrictions | $84,056 |
| Net assets with donor restrictions | $287,065 |
| 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 | $2,673,932 |