Madrona School
- Assets
- $702.3k
- Revenue
- $799.0k
- Investments
- $62.3k
- Employees
- 14
- Location
- Bainbridge Island, WA
- Founding
- 09/2000
- Data as of
- 06/2022
- EIN
- 91-1902966
Organization Overview
Madrona School is located in Bainbridge Island, WA. The organization was established in 2000. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Madrona School employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madrona 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 06/2022, Madrona School generated $799.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $661.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.5%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
QUALITY COMMUNITY EDUCATION, THE SCHOOL OFFERS COMPREHENSIVE WALDORF EDUCATION FOR OVER 100 LOCAL CHILDREN FROM EARLY CHILDHOOD THROUGH MIDDLE SCHOOL WITH A PLANNED AND FLEXIBLE CURRICULUM
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL OFFERS COMPREHENSIVE WALDORF EDUCATION FOR OVER 100 CHILDREN FROM EARLY CHILDHOOD THROUGH MIDDLE SCHOOL WITH A PLANNED AND FLEXIBLE CURRICULUM. PROGRAM REVENUE IS FROM TUITION AND PROGRAM EXPENSES ARE COSTS DIRECTLY RELATED TO THE EDUCATION OF THE CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mariela Humphrey Chair | OfficerTrustee | 10 | $0 |
Selena Gray Vice Chair | OfficerTrustee | 5 | $0 |
Dan Parsons Treasurer | OfficerTrustee | 5 | $0 |
Toni Loiacano Secretary | OfficerTrustee | 5 | $0 |
Kat Wolff Member | Trustee | 5 | $0 |
Isaac Kemsley Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $13,613 |
| Related organizations | $0 |
| Government grants | $62,377 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,349 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $201,339 |
| Total Program Service Revenue | $597,454 |
| Investment income | $171 |
| 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 | $798,964 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $100,370 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $385,084 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $45,277 |
| Payroll taxes | $33,219 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $59,533 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,704 |
| Travel | $0 |
| 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 | $1,013 |
| Insurance | $3,702 |
| All other expenses | $0 |
| Total functional expenses | $661,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,625 |
| Savings and temporary cash investments | $465,219 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $75,162 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,004 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $62,296 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $702,306 |
| Accounts payable and accrued expenses | $238 |
| Grants payable | $0 |
| Deferred revenue | $126,114 |
| 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 | $47,848 |
| Total liabilities | $174,200 |
| Net assets without donor restrictions | $0 |
| 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 | $528,106 |
| Total liabilities and net assets/fund balances | $702,306 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Madrona School has recieved totaling $294.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $294 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Evergreen School Shoreline, WA | $54,109,732 | $18,688,724 |
University Child Development School Seattle, WA | $35,789,355 | $15,422,217 |
Seattle Country Day School Seattle, WA | $55,770,404 | $17,470,349 |
St Thomas School Medina, WA | $79,286,782 | $15,883,490 |
French American School Of Puget Sound Mercer Island, WA | $16,865,271 | $13,425,838 |
The Open Window School Bellevue, WA | $36,380,827 | $12,092,167 |
Gresham Arthur Academy Public Charter School Portland, OR | $14,718,484 | $9,208,791 |
Kings Way Christian Schools Vancouver, WA | $6,224,718 | $10,439,261 |
The Bertschi School Seattle, WA | $29,979,926 | $9,759,275 |
Northwest Christian Schools Inc Colbert, WA | $28,921,822 | $10,264,854 |
Meridian School Seattle, WA | $11,104,364 | $8,438,770 |
Santiam Christian Schools Adair Village, OR | $11,670,742 | $5,933,883 |