Meadows Arts And Technology Elementary School
- Assets
- $3.4m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 74
- Location
- Thousand Oaks, CA
- Founding
- 12/2009
- Data as of
- 06/2021
- EIN
- 61-1559832
Organization Overview
Meadows Arts And Technology Elementary School is located in Thousand Oaks, CA. The organization was established in 2009. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Meadows Arts And Technology Elementary School employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meadows Arts And Technology Elementary 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 06/2021, Meadows Arts And Technology Elementary School generated $4.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $4.3m during the year ending 06/2021. While expenses have increased by 5.5% 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
OPERATES AS A CALIFORNIA CHARTER SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEADOW ARTS & TECHNOLOGY ELEMENTARY SCHOOL (MATES) IS A PUBLIC SCHOOL WITH GRADES FROM KINDERGARTEN TO 5TH GRADE. THE SCHOOL SERVED ON AVERAGE 380 STUDENTS BASED ON ADA. THE MISSION OF MATES IS INSTITUTING A VISION THAT WELCOMES INNOVATION, HONORS THE PAST, TRANSFORMS THE FUTURE, COMMANDS ACHIEVEMENT, AND EMPOWERS ALL CHILDREN THROUGH THE ARTS AND TECHNOLOGY. THE GUIDING PRINCIPLE THAT DRIVES MATES IS SIMPLE. WE COLLECTIVELY BELIEVE THAT CHILDREN DESERVE OUR BEST EFFORT IN PROVIDING A SAFE, STIMULATING, ENRICHED LEARNING ENVIRONMENT WHERE EVERY CHILD THRIVES. THIS INCLUDES A FOCUS ON ACADEMIC EXCELLENCE WITHIN THE RESEARCH-SUPPORTED FRAMEWORK OF THE ARTS AND TECHNOLOGY, PROJECT-BASED LEARNING OPPORTUNITIES, STRONG TEACHER COLLABORATION, HIGH EXPECTATIONS OF ACHIEVEMENT IN CORE CONTENT AREAS, AND COMMUNITY INVOLVEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Olshever Executive Director | Officer | 40 | $129,130 |
Kristen Walker Assistant Director | Officer | 40 | $95,948 |
Joey Tennison CFO | OfficerTrustee | 1 | $0 |
Megan Winter Vice President | OfficerTrustee | 1 | $0 |
Sarah Schwendimann Secretary | OfficerTrustee | 1 | $0 |
Jennifer Murasky President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ventura County Schools Business Services Back Office Services | 6/29/20 | $263,340 |
Conejo Valley Unified School District Food Services, Rents | 6/29/20 | $263,340 |
Conejo Valley Unified School District Food Services, Rents | 6/29/20 | $263,340 |
Ventura County Schools Business Services Back Office Services | 6/29/20 | $263,340 |
Ventura County Schools Business Services Back Office Services | 6/29/20 | $263,340 |
Conejo Valley Unified School District Food Services, Rents | 6/29/20 | $263,340 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,422,612 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,422,612 |
| Total Program Service Revenue | $0 |
| Investment income | $13,146 |
| 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 | $4,625,873 |
| 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. | $322,354 |
| Compensation of current officers, directors, key employees. | $322,354 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,058,453 |
| Pension plan accruals and contributions | $322,683 |
| Other employee benefits | $393,355 |
| Payroll taxes | $62,059 |
| Fees for services: Management | $298,527 |
| Fees for services: Legal | $16,592 |
| Fees for services: Accounting | $8,282 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $138,411 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $256,108 |
| Travel | $3,125 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,658 |
| Insurance | $48,948 |
| All other expenses | $0 |
| Total functional expenses | $4,307,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,023 |
| Savings and temporary cash investments | $1,912,053 |
| Pledges and grants receivable | $654,425 |
| Accounts receivable, net | $209,862 |
| 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 | $24,884 |
| Net Land, buildings, and equipment | $531,595 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,379,842 |
| Accounts payable and accrued expenses | $226,114 |
| Grants payable | $0 |
| Deferred revenue | $7,829 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $233,943 |
| Net assets without donor restrictions | $2,838,022 |
| Net assets with donor restrictions | $307,877 |
| 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 | $3,379,842 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Meadows Arts And Technology Elementary School has recieved totaling $120,000.
| Awarding Organization | Amount |
|---|---|
Smidt Fam Foundation Newbury Park, CA PURPOSE: IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSE. | $60,000 |
Smidt Fam Foundation Newbury Park, CA PURPOSE: IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSE. | $60,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Partnerships To Uplift Communities Los Angeles Burbank, CA | $14,420,401 | $24,912,837 |
Literacy First Charter Schools El Cajon, CA | $29,290,072 | $23,446,904 |
Voices College-Bound Language Academies San Jose, CA | $26,350,864 | $21,078,147 |
Santa Rosa Academy Incorporated Menifee, CA | $46,198,054 | $16,730,823 |
Siatech Inc Oceanside, CA | $9,582,548 | $15,818,647 |
Grow Public Schools Bakersfield, CA | $14,803,093 | $23,549,288 |
Natomas Charter School Sacramento, CA | $32,806,693 | $20,875,289 |
Arizona Community Development Corporation Tucson, AZ | $20,473,547 | $20,902,974 |
Vista Charter Public Schools Los Angeles, CA | $62,725,425 | $20,964,484 |
Roseland Charter School Santa Rosa, CA | $53,872,700 | $25,562,169 |
Ofl William S Hart Inc Pasadena, CA | $11,952,405 | $20,153,084 |
New Designs Charter School Los Angeles, CA | $56,545,069 | $20,507,111 |