Civic Intelligence

The Meadows School

EIN 94-2795420 • 501(c)3 • Las Vegas, NV

Profile

EDUCATION OF CHILDREN

8601 Scholar LaneLas Vegas, NV 89128

www.themeadowsschool.org

Siviq Scores

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

Liabilities / Assets

36th percentile

0.13x

Higher debt load relative to assets than 36% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

49th percentile

0.32x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

45th percentile

3.2%

Higher net margin than 45% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

36th percentile

$282,195

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

40th percentile

3.5%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

13%

Faster revenue growth than 61% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$77,787,914

Up $2,635,116 (+3.5%) from 2023

Liabilities

Up

$9,734,813

Up $243,446 (+2.6%) from 2023

Net Assets

Up

$68,053,101

Up $2,391,670 (+3.6%) from 2023

Revenue

Up

$30,695,964

Up $3,630,790 (+13%) from 2023

Expenses

Up

$29,709,392

Up $1,719,440 (+6.1%) from 2023

Net Income

Up

$986,572

Up $1,911,350 (+207%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $46,884,885Liabilities 2010: $3,889,327Net Assets 2010: $42,995,5582010Assets 2011: $49,008,984Liabilities 2011: $3,664,451Net Assets 2011: $45,344,5332011Assets 2012: $52,779,061Liabilities 2012: $3,700,480Net Assets 2012: $49,078,5812012Assets 2013: $56,736,241Liabilities 2013: $4,015,810Net Assets 2013: $52,720,4312013Assets 2014: $61,741,273Liabilities 2014: $5,286,220Net Assets 2014: $56,455,0532014Assets 2015: $65,342,458Liabilities 2015: $6,367,703Net Assets 2015: $58,974,7552015Assets 2016: $65,827,969Liabilities 2016: $6,399,487Net Assets 2016: $59,428,4822016Assets 2017: $67,279,131Liabilities 2017: $5,476,149Net Assets 2017: $61,802,9822017Assets 2018: $66,379,906Liabilities 2018: $3,353,174Net Assets 2018: $63,026,7322018Assets 2019: $68,701,732Liabilities 2019: $5,480,147Net Assets 2019: $63,221,5852019Assets 2020: $70,461,448Liabilities 2020: $6,776,721Net Assets 2020: $63,684,7272020Assets 2021: $76,715,222Liabilities 2021: $8,603,191Net Assets 2021: $68,112,0312021Assets 2022: $72,720,222Liabilities 2022: $7,681,110Net Assets 2022: $65,039,1122022Assets 2023: $75,152,798Liabilities 2023: $9,491,367Net Assets 2023: $65,661,4312023Assets 2024: $77,787,914Liabilities 2024: $9,734,813Net Assets 2024: $68,053,1012024

Highlighted filing

2024

Assets$77,787,914
Liabilities$9,734,813
Net Assets$68,053,101

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $15,555,6872010Expenses 2011: $16,381,4892011Expenses 2012: $16,704,9492012Expenses 2013: $17,299,4282013Revenue 2014: $20,443,433Expenses 2014: $18,154,999Net Income 2014: $2,288,4342014Revenue 2015: $21,826,321Expenses 2015: $18,310,936Net Income 2015: $3,515,3852015Revenue 2016: $19,388,196Expenses 2016: $18,867,307Net Income 2016: $520,8892016Revenue 2017: $21,315,993Expenses 2017: $19,862,733Net Income 2017: $1,453,2602017Revenue 2018: $22,402,899Expenses 2018: $20,027,914Net Income 2018: $2,374,9852018Revenue 2019: $19,845,048Expenses 2019: $20,627,893Net Income 2019: -$782,8452019Revenue 2020: $23,693,716Expenses 2020: $22,494,983Net Income 2020: $1,198,7332020Revenue 2021: $21,936,191Expenses 2021: $21,790,663Net Income 2021: $145,5282021Revenue 2022: $26,271,601Expenses 2022: $23,822,446Net Income 2022: $2,449,1552022Revenue 2023: $27,065,174Expenses 2023: $27,989,952Net Income 2023: -$924,7782023Revenue 2024: $30,695,964Expenses 2024: $29,709,392Net Income 2024: $986,5722024

Highlighted filing

2024

Revenue$30,695,964
Expenses$29,709,392
Net Income$986,572

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$77.8$9.73$68.1$30.7$29.7$0.99
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$75.2$9.49$65.7$27.1$28.0$0.92
2022Detailed filing. Detailed filing data is available for this year.$72.7$7.68$65.0$26.3$23.8$2.45
2021Detailed filing. Detailed filing data is available for this year.$76.7$8.60$68.1$21.9$21.8$0.15
2020Detailed filing. Detailed filing data is available for this year.$70.5$6.78$63.7$23.7$22.5$1.20
2019Detailed filing. Detailed filing data is available for this year.$68.7$5.48$63.2$19.8$20.6$0.78
2018Detailed filing. Detailed filing data is available for this year.$66.4$3.35$63.0$22.4$20.0$2.37
2017Detailed filing. Detailed filing data is available for this year.$67.3$5.48$61.8$21.3$19.9$1.45
2016Detailed filing. Detailed filing data is available for this year.$65.8$6.40$59.4$19.4$18.9$0.52
2015Detailed filing. Detailed filing data is available for this year.$65.3$6.37$59.0$21.8$18.3$3.52
2014Detailed filing. Detailed filing data is available for this year.$61.7$5.29$56.5$20.4$18.2$2.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.7$4.02$52.7$17.3
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.8$3.70$49.1$16.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.0$3.66$45.3$16.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.9$3.89$43.0$15.6
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.1
Gross Receipts
$45,515,430
Mission and Program Overview

Mission

The Meadows School devlops in its students a love of, and respect for, learning. Inspiring them to seek knowledge independently and preparing them for higher academic pursuits. The school maintains high standards and seeks to instill in its students the concept that education carries with it an obligation to self, family, and community. It encourages each student to become a compassionate and productive member of the increasingly global society of the 21st century.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$40,031,302$35,512,902▼ $4,518,400
Land, Buildings, and Equipment, Net$26,081,309$30,761,425▲ $4,680,116
Savings and Temporary Cash Investments$9,675,930$5,329,608▼ $4,346,322
Prepaid Expenses and Deferred Charges$190,456$800,329▲ $609,873
Pledges and Grants Receivable$75,000$260,419▲ $185,419
Investments Other Securities$34,973$55,539▲ $20,566
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$76,715,222$72,720,222▼ $3,995,000
Other Assets Total$626,252$0▼ $626,252
Liabilities
Deferred Revenue$4,455,558$4,100,385▼ $355,173
Other Liabilities$2,368,754$2,648,822▲ $280,068
Accounts Payable and Accrued Expenses$1,778,879$931,903▼ $846,976
Total Liabilities$8,603,191$7,681,110▼ $922,081
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$54,167,268$50,849,946▼ $3,317,322
Net Assets With Donor Restrictions$13,944,763$14,189,166▲ $244,403
Total Net Assets Fund Balance$68,112,031$65,039,112▼ $3,072,919
Total Liabilities and Net Assets / Fund Balance$76,715,222$72,720,222▼ $3,995,000

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,387,443$22,713,610$39,101,053
Other Land Buildings$10,311,482$1,467,244$11,778,726
Equipment$1,346,000$7,060,488$8,406,488
Land$2,716,500-$2,716,500

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$3,224,012$71,900--$3,295,912
2020$2,955,838$268,174--$3,224,012
2019$2,953,728$2,110--$2,955,838
2018$2,888,688$65,040--$2,953,728
2017$2,877,114$12,850▲ $68,780$70,056$2,888,688
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeremy B GregersenHead of SchoolFT$329,131$27,423$356,554
Richard AndersonCFOFT$231,553-$231,553
Bret L PetersonDirector of FacilitiesFT$123,701$33,923$157,624
Claude A GrubairDirector of AthleticsFT$152,391$27,423$152,391
Heidi S LeeDirector of AdvancementFT$128,902$15,218$144,120
Ronald R SandlinDirector of TechnologyFT$121,570$4,800$126,370

Highest Paid Contractors

ContractorServicesLocationCompensation
Crisci BuildersContractor5020 E Cartier Ave, Las Vegas, NV 89115$5,685,635
Health Plan of NevadaHealth InsurancePO Box 1388, Las Vegas, NV 89125$1,324,469
Sage Dining Services IncFood Services1402 York Rd Ste 100, Lutherville, MD 21093$779,456
National Educational Security Team LLCCampus Security2850 W Horizon Ridge Pkwy Ste 200, Las Vegas, NV 89052$611,160
Par 3Landscaping4610 Wynn Rd, Las Vegas, NV 89103$308,388
Revenue and Support

Revenue Composition

Contributions and Grants
$4,455,000
Program Service Revenue
$20,569,022
Investment Income
$1,240,074
Other Revenue
$7,505
All Other Contributions
$1,746,883
Change in Net Assets
$2,449,155

Audited Revenue Reconciliation

Revenue per Audited Statements
$26,130,534
Revenue Not Reported on Financial Statements
$141,067
Revenue Not Reported on Form 990
$-5,522,074
Total Revenue per Audited Statements
$20,608,460
Total Revenue per Form 990
$26,271,601
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$15,933,490
Other Expenses$7,888,956
Total Fundraising Expense$196,933
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,076,935$2,423,829-$11,500,764
Other Employee Benefits$2,285,929$634,037-$2,919,966
All Other Expenses$551,386$997,975$104,704$1,654,065
Depreciation Depletion$1,342,125--$1,342,125
Payroll Taxes$746,061$186,515-$932,576
Other Expenses$1,066,960$637,527-$637,527
Current Officers, Directors, Trustees, and Key Employees-$580,184-$580,184
Information Technology$500,212--$500,212
Insurance$18,221$151,696-$169,917
Fees for Service Investment Mgmnt Fees-$141,067-$141,067
Advertising--$92,229$92,229
Fees for Services Accounting-$61,683-$61,683
Travel-$7,574-$7,574
Interest-$6,127-$6,127
Total Functional Expenses$16,962,065$6,663,448$196,933$23,822,446

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$23,822,446
Expenses per Audited Statements$23,681,379
Total Expenses per Audited Statements$23,681,379
Expenses Not Reported on Financial Statements$141,067
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$2,464,300
Agency Funds Held for Others$184,522
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Matthew B. Becker and April L. Becker have a family relationship. Archibald C. Rufty Jr. and Diane B. Rufty have a family relationship. Matthew C. Chilton and Jaime M. Chilton have a family relationship. Joshua S. Ford and Naz A. Ford have a family relationship. John M. McGraw and Deana Bergquist McGraw have a family relationship. John H. Falb and Joanna M. Falb have a family relationship. Justin M. Michaels and Stacie T. Michaels have a family relationship. Dr. Paul H. Janda and Monica Janda have a family relationship. Matthew J. and Ashley L. Levin have a family relationship. Vincent J. and Angela C. Zhan have a family relationship. Dr. Shahab Khan and Dr. Sharlin Ahmed-Khan have a family relationship.

Form 990, Part VI, Line 11B: Form 990 Review Process

A review of the form 990 is conducted by the Chief Financial Officer prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

A board member conflict of interest policy is included in Section F of the school's bylaws. Each board member is required to sign a conflict of interest policy agreeing to disclose to the board chair any personal interests that may pose a conflict of interest. The board chair and the executive committee enforces this policy, requiring the trustee to refrain from participation in any discussion or decision on such matter. If the board member fails to make this disclosure, the board may request the resignation of such board member.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Salary and benefits for officers and key employees is approved by the related board committee.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The Meadows School does not generally make governing documents, policies, and financial statements available to the public.

Form 990 Part VI, Section B, Line 11B

A review of the form 990 is conducted by the chief financial officerprior to filing.

Form 990 Part VI, Section B, Question 15

Salary and benefits for officers and key employees is approved by therelated board committee.

Form 990 Part VI, Section C, Question 19

The meadows school does not generally make governing documents, policies,and financial statements available to the public.

Form 990, Part VI, Section A, Question 2 - Family Relationships

Ike lawrence epstein & michelle epstein have a family relationship.douglas w. Herndon & carrie f. Herndon have a family relationship. Donalde. Buchanan & janet kofkin have a family relationship. Girish h. Daulat &vrushali g. Daulat have a family relationship. Matthew b. Becker & aprill. Becker have a family relationship. Archibald c. Rufty jr. & diane b.rufty have a family relationship. Matthew c. Chilton & jamie m. Chiltonhave a family relationship. Joshua s. Ford & nazanin a. Ford have afamily relationship. Brian k. Iriye & kelly a. Iriye have a familyrelationship. John m. Mcgraw & deanna bergquist mcgraw have a familyrelationship. John h. Falb & joanna m. Falb have a family relationship.justin m. Michaels & stacie t. Michaels have a family relationship.

Form 990, Part VI, Section B, Question 12C

A board member conflict of interest policy is included in section f ofthe school's bylaws. Each board member is required to sign a conflict ofinterest policy agreeing to disclose to the board chair any personalinterests that may pose a conflict of interest. The board chair and theexecutive committee enforces this policy, requiring the trustee torefrain from participation in any discussion or decision on such matter.if the board member fails to make this disclosure, the board may requestthe resignation of such board member.

Form 990, Part VII, Section A

Many of the board of trustee positions are held by couples. Each trusteeposition that is held by a couple only has one vote with the board. Intotal there are 13 trustees.

Filing and Contact Details

Filer

Filer Name
The Meadows School
EIN
94-2795420
Phone
7022541610
Address
8601 Scholar Lane, Las Vegas, NV 89128

Signing Officer

Name
Larry Schneiderman
Title
CFO
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
1981
Legal Domicile
Nv
Voting Board Members
15
Independent Board Members
15
Employees
286
Volunteers
125

Preparer

Firm
Campbell Jones Cohen CPAs
Address
6920 S Cimarron Rd Ste 100, Las Vegas, NV 89113
Preparer
Lisa M Jones CPA
Phone
7022552330
Supplemental Narrative

Additional Explanations

Form 990, Part III - Program Service, Line 4A

The meadows school educates 847 students, ranging from gradesprek-12. Our approach to learning combines a traditional educationwith a focus on 21st century skills. To this end, communication,collaboration, critical thinking, and creativity are mainstays ofthe classroom experience. Students at the meadows school learnthat education carries with it a responsibility to one's self,family, and community. Service learning is emphasized in allgrades, culminating with specific hour requirements in the upperschool and an all-school day of service in the spring. Our liberalarts philosophy towards teaching ensures students graduate with alove of learning and a well-rounded portfolio of educationalexperiences. At the meadows, we believe that the most productivemembers of society are exposed to all scholastic disciplines. Tothat end, future lawyers study physics and future doctors readshakespeare. Since our first graduating class in 1991, 100% of tmsalumni have been accepted to 4-year colleges and universities.they arrive to their new campuses with curious, creative mindsready to change the world.

FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION

The meadows school develops in its students a love of, and respectfor, learning. Inspiring them to seek knowledge independently andpreparing them for higher academic pursuits. The school maintainshigh standards and seeks to instill in its students the concept thateducation carries with it an obligation to self, family, andcommunity. It encourages each student to become a compassionate andproductive member of the incresingly global society of the 21stcentury.

Form 990, Part XI, Line 9 - Other Changes in Fund Balance

Book tax difference depreciation 119,167 --------- total line 119,167

Raw XML AppendixShowing 400 of 694 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/Desc0The Meadows School educates 847 students, ranging from grades PreK-12. Our approach to learning combines a traditional education with a focus on 21st century skills. To this end, communication, collaboration, critical thinking, and creativity are mainstays of the classroom experience. Students at the Meadows School learn that education carries with it a responsibility to one's self, family, and community. Service learning is emphasized in all grades, culminating with specific hour requirements in the upper school and an all-school day of service in the spring. Our liberal arts philosophy towards teaching ensures students graduate with a love of learning and a well-rounded portfolio of educational experiences. At the Meadows, we believe that the most productive members of society are exposed to all scholastic disciplines. To that end, future lawyers study physics and future doctors read Shakespeare. Since our first graduating class in 1991, 100% of TMS alumni have been accepted to 4-year colleges and universities. They arrie to their new campuses with curious, creative minds ready to change the world.
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IRS990/MissionDesc0The Meadows School devlops in its students a love of, and respect for, learning. Inspiring them to seek knowledge independently and preparing them for higher academic pursuits. The school maintains high standards and seeks to instill in its students the concept that education carries with it an obligation to self, family, and community. It encourages each student to become a compassionate and productive member of the increasingly global society of the 21st century.
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