Civic Intelligence

The Meadowbrook School

EIN 23-1352659 • 501(c)3 • Meadowbrook, PA

Profile

The mission of the meadowbrook school is to bring life to learning for elementary-aged children in a nurturing, fun, and collaborative environment. Our philosophy is to use our diverse, cohesive community to prepare our students for their next steps by cultivating intellectual, social, emotional, and physical growth. Our interwoven approach to curriculum fosters confident, compassionate, and creative learners.

1641 Hampton RoadMeadowbrook, PA 19046

www.themeadowbrookschool.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.89x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.59x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

30th percentile

-4.2%

Higher net margin than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

86th percentile

$170,354

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

25th percentile

-4.4%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-14%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,557,580

Down $116,352 (-4.4%) from 2023

Liabilities

Down

$2,267,381

Down $35,430 (-1.5%) from 2023

Net Assets

Down

$290,199

Down $80,922 (-22%) from 2023

Revenue

Down

$3,830,430

Down $628,901 (-14%) from 2023

Expenses

Down

$3,993,184

Down $86,760 (-2.1%) from 2023

Net Income

Down

-$162,754

Down $542,141 (-143%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$2.0M$0-$2.0MAssets 2010: $1,539,809Liabilities 2010: $3,166,032Net Assets 2010: -$1,626,2232010Assets 2011: $1,564,817Liabilities 2011: $3,388,159Net Assets 2011: -$1,823,3422011Assets 2012: $1,494,980Liabilities 2012: $3,450,117Net Assets 2012: -$1,955,1372012Assets 2013: $1,380,619Liabilities 2013: $3,263,877Net Assets 2013: -$1,883,2582013Assets 2014: $1,354,922Liabilities 2014: $3,075,469Net Assets 2014: -$1,720,5472014Assets 2015: $1,664,886Liabilities 2015: $2,826,245Net Assets 2015: -$1,161,3592015Assets 2016: $1,493,454Liabilities 2016: $2,793,453Net Assets 2016: -$1,299,9992016Assets 2017: $1,324,357Liabilities 2017: $2,715,839Net Assets 2017: -$1,391,4822017Assets 2018: $1,299,125Liabilities 2018: $2,702,951Net Assets 2018: -$1,403,8262018Assets 2019: $1,160,690Liabilities 2019: $2,472,329Net Assets 2019: -$1,311,6392019Assets 2020: $1,500,868Liabilities 2020: $2,464,127Net Assets 2020: -$963,2592020Assets 2021: $2,015,283Liabilities 2021: $2,846,767Net Assets 2021: -$831,4842021Assets 2022: $2,347,092Liabilities 2022: $2,399,585Net Assets 2022: -$52,4932022Assets 2023: $2,673,932Liabilities 2023: $2,302,811Net Assets 2023: $371,1212023Assets 2024: $2,557,580Liabilities 2024: $2,267,381Net Assets 2024: $290,1992024

Highlighted filing

2024

Assets$2,557,580
Liabilities$2,267,381
Net Assets$290,199

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,177,0332010Expenses 2011: $2,945,7572011Expenses 2012: $2,771,2612012Expenses 2013: $2,734,3322013Revenue 2014: $2,923,373Expenses 2014: $2,791,872Net Income 2014: $131,5012014Revenue 2015: $3,237,222Expenses 2015: $2,678,034Net Income 2015: $559,1882015Revenue 2016: $2,947,093Expenses 2016: $3,083,886Net Income 2016: -$136,7932016Revenue 2017: $2,594,307Expenses 2017: $2,696,042Net Income 2017: -$101,7352017Revenue 2018: $2,959,430Expenses 2018: $2,980,236Net Income 2018: -$20,8062018Revenue 2019: $3,341,365Expenses 2019: $3,252,269Net Income 2019: $89,0962019Revenue 2020: $3,624,698Expenses 2020: $3,273,985Net Income 2020: $350,7132020Revenue 2021: $3,238,679Expenses 2021: $3,144,953Net Income 2021: $93,7262021Revenue 2022: $4,345,256Expenses 2022: $3,531,570Net Income 2022: $813,6862022Revenue 2023: $4,459,331Expenses 2023: $4,079,944Net Income 2023: $379,3872023Revenue 2024: $3,830,430Expenses 2024: $3,993,184Net Income 2024: -$162,7542024

Highlighted filing

2024

Revenue$3,830,430
Expenses$3,993,184
Net Income-$162,754

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.56$2.27$0.29$3.83$3.99$0.16
2023Detailed filing. Detailed filing data is available for this year.$2.67$2.30$0.37$4.46$4.08$0.38
2022Detailed filing. Detailed filing data is available for this year.$2.35$2.40$0.05$4.35$3.53$0.81
2021Detailed filing. Detailed filing data is available for this year.$2.02$2.85$0.83$3.24$3.14$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.50$2.46$0.96$3.62$3.27$0.35
2019Detailed filing. Detailed filing data is available for this year.$1.16$2.47$1.31$3.34$3.25$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.30$2.70$1.40$2.96$2.98$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.32$2.72$1.39$2.59$2.70$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.49$2.79$1.30$2.95$3.08$0.14
2015Detailed filing. Detailed filing data is available for this year.$1.66$2.83$1.16$3.24$2.68$0.56
2014Detailed filing. Detailed filing data is available for this year.$1.35$3.08$1.72$2.92$2.79$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$3.26$1.88$2.73
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$3.45$1.96$2.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$3.39$1.82$2.95
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$3.17$1.63$3.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$3,866,630
Mission and Program Overview

Mission

The mission of the meadowbrook school is to bring life to learning for elementary-aged children in a nurturing, fun, and collaborative environment. Our philosophy is to use our diverse, cohesive community to prepare our students for their next steps by cultivating intellectual, social, emotional, and physical growth. Our interwoven approach to curriculum fosters confident, compassionate, and creative learners.

The mission of the meadowbrook school is to bring life to learning for elementary-aged children in a nurturing, fun, and collaborative environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,040,442$970,602▼ $69,840
Investments in Publicly Traded Securities$744,368$843,232▲ $98,864
Cash and Non-Interest-Bearing Accounts$670,364$321,776▼ $348,588
Savings and Temporary Cash Investments$9,399$291,638▲ $282,239
Pledges and Grants Receivable-$60,000-
Prepaid Expenses and Deferred Charges$46,017$47,392▲ $1,375
Accounts Receivable$163,342$22,940▼ $140,402
Total Assets$2,673,932$2,557,580▼ $116,352
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,761,367$1,739,660▼ $21,707
Deferred Revenue$300,081$310,309▲ $10,228
Accounts Payable and Accrued Expenses$241,363$217,412▼ $23,951
Total Liabilities$2,302,811$2,267,381▼ $35,430
Net Assets / Fund Balance
Net Assets With Donor Restrictions$287,065$420,292▲ $133,227
Net Assets Without Donor Restrictions$84,056$-130,093▼ $214,149
Total Net Assets Fund Balance$371,121$290,199▼ $80,922
Total Liabilities and Net Assets / Fund Balance$2,673,932$2,557,580▼ $116,352

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$114,418$3,115,900$3,230,318
Equipment$813,500-$813,500
Other Land Buildings$42,684-$42,684

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$744,368-▲ $98,864-$843,232
2022$185,675$500,000▲ $58,693-$744,368
2021$216,171-▼ $30,496-$185,675
2020$119,153$59,376▲ $45,008$-7,366$216,171
2019$118,572$7,488▲ $663$-7,570$119,153
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael ReardonHeadmasterFT$135,865$34,489$170,354
Revenue and Support

Revenue Composition

Contributions and Grants
$674,261
Program Service Revenue
$2,790,736
Investment Income
$30,595
Other Revenue
$334,838
All Other Contributions
$648,260
Change in Net Assets
$-162,754

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,236,730
Revenue Not Reported on Financial Statements
$593,700
Revenue Not Reported on Form 990
$81,832
Other Revenue Adjustments
$593,700
Total Revenue per Audited Statements
$3,318,562
Total Revenue per Form 990
$3,830,430
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,330,653
Other Expenses$1,032,631
Grants and Similar Amounts Paid$629,900
Total Fundraising Expense$121,502
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,007,858$389,786$56,320$1,453,964
Grants to Domestic Individuals$629,900--$629,900
Other Employee Benefits$396,344$198,062$332$594,738
Occupancy$147,496$55,886$7,989$211,371
Current Officers, Directors, Trustees, and Key Employees$174,895$4,594-$179,489
Interest$92,423$35,020$5,007$132,450
Payroll Taxes$69,339$29,296$3,827$102,462
All Other Expenses$55,236$31,268-$86,504
Depreciation Depletion$50,303$19,060$2,725$72,088
Fees for Services Other$4,777$51,620$259$56,656
Other Expenses$46,887$159,901$44,553$44,553
Office Expenses$9,038$34,706$490$44,234
Information Technology$42,686$1,437-$44,123
Advertising-$23,685-$23,685
Conferences and Meetings$22,685--$22,685
Fees for Services Accounting-$11,100-$11,100
Insurance-$9,984-$9,984
Total Functional Expenses$2,816,277$1,055,405$121,502$3,993,184

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,993,184
Total Expenses per Audited Statements$3,399,484
Expenses per Audited Statements$3,363,284
Expenses Not Reported on Financial Statements$629,900
Other Expense Adjustments$629,900
Expenses Not Reported on Form 990$36,200
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$107,237
Fundraising Direct Expenses$36,200
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$96,437$96,437$7,241$89,196
Golf Outing$36,801$10,800$5,525$5,275
Total Events$133,238$107,237$36,200$71,037
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The finance committee performs an initial review of the form 990. The board of directors then receives a copy of the form for comment and review before the form is filed with the irs.

Form 990, Page 6, Part VI, Line 12C

Directors, officers and key employees are required to sign an annual conflict of interest statement. Should a conflict exist, or appear to exist, the interested party has a responsibility to inform the board of trustees of the conflict. The executive committee of the board acts as a monitor to enforce the conflict of interest policy. The party will refrain from any discussion or vote related to the conflict. Business and familial relationships are expressly mentioned the conflict of interest statement.

Form 990, Page 6, Part VI, Line 15A

The process for determining compensation includes a review and approval by the board of directors. Market data for comparable positions are taken into consideration to ensure compensation is within fair market range in the industry. Compensation discussions are not documented in board minutes, however, these discussions are disclosed at the executive committee meeting in closed session.

Form 990, Page 6, Part VI, Line 15B

The process for other officers is the same as that used for top management.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
The Meadowbrook School
EIN
23-1352659
Phone
2158843238
Address
1641 HAMPTON ROAD, MEADOWBROOK, PA 19046

Signing Officer

Name
Michael Reardon
Title
Headmaster
Phone
2158843238
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Reardon
Formed
1919
Legal Domicile
Pa
Voting Board Members
18
Independent Board Members
17
Employees
61
Volunteers
40

Preparer

Firm
Bee Bergvall & Co
Address
PO BOX 754, WARRINGTON, PA 18976-0754
Preparer
Cynthia Bergvall CPA
Phone
2153432727
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the meadowbrook school is to bring life to learning for elementary-aged children in a nurturing, fun, and collaborative environment. Our philosophy is to use our diverse, cohesive community to prepare our students for their next steps by cultivating intellectual, social, emotional, and physical growth. Our interwoven approach to curriculum fosters confident, compassionate, and creative learners.

Form 990, Page 2, Part III, 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 119 students during the year.

Form 990, Part XI, Line 9

Special event expenses 36,200 scholarships and discounts -629,900 special event expenses -36,200 scholarships and discounts 629,900

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The endowment funds consist of various funds established for a variety of purposes. Net assets associated with the endowment funds are classified and reported based on the existence or absence of donor-imposed restrictions.

Schedule D, Page 4, Part XI, Line 4B

Special event expenses -36,200 scholarships and discounts 629,900

Schedule D, Page 4, Part XII, Line 2D

Special event expenses 36,200

Schedule D, Page 4, Part XII, Line 4B

Scholarships and discounts 629,900

Raw XML AppendixShowing 400 of 623 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0MEADOWBROOK 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 119 STUDENTS DURING THE YEAR.
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