Madrona School
- Assets
- $365.3k
- Revenue
- $691.3k
- Investments
- $38.3k
- Employees
- 0
- Location
- Bainbridge Island, WA
- Founding
- 09/2000
- Data as of
- 06/2023
- 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. 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 06/2023, Madrona School generated $691.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $671.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 8 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
2023
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mariela Humphrey Chair | OfficerTrustee | 10 | $0 |
Toni Loiacano Secretary | OfficerTrustee | 5 | $0 |
Isaac Kemsley Member | Trustee | 5 | $0 |
Selena Gray Vice Chair | OfficerTrustee | 5 | $0 |
Dan Parsons Treasurer | OfficerTrustee | 5 | $0 |
Catherine Roldan Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,667 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,583 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,250 |
| Total Program Service Revenue | $635,602 |
| Investment income | $1,398 |
| 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 | $691,250 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $99,061 |
| 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 | $397,940 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,619 |
| Payroll taxes | $36,950 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,850 |
| 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 | $59,718 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,631 |
| 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 | $600 |
| Insurance | $3,767 |
| All other expenses | $0 |
| Total functional expenses | $671,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,765 |
| Savings and temporary cash investments | $232,993 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $51,793 |
| 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 | $403 |
| Investments—publicly traded securities | $24,043 |
| Investments—other securities | $38,253 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $365,250 |
| Accounts payable and accrued expenses | $803 |
| Grants payable | $0 |
| Deferred revenue | $64,228 |
| 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 | $26,149 |
| Total liabilities | $91,180 |
| 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 | $274,070 |
| Total liabilities and net assets/fund balances | $365,250 |