Madeira School Inc

Organization Overview

Madeira School Inc is located in Mclean, VA. The organization was established in 1951. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Madeira School Inc employed 265 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madeira School Inc 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, Madeira School Inc generated $36.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $25.3m during the year ending 06/2021. While expenses have increased by 1.2% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

AS A BOARDING-DAY SCHOOL FOR GIRLS, MADEIRA'S MISSION IS LAUNCHING WOMEN WHO CHANGE THE WORLD.

Describe the Organization's Program Activity:

BOARDING AND DAY SCHOOL FOR GIRLS, PROVIDING HIGH SCHOOL EDUCATION (334 STUDENTS).


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Meriwether Godsey
Food Services
$1,432,021
Anderson Mechanical Services Inc
Hvac Contractor
$1,358,735
Palm Facility Services Llc
Cleaning - Janitorial Services
$667,495
Coakley And Williams Construction Llc
Construction
$1,195,897
Harry Braswell Inc
Construction
$785,616
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,789,287
All other contributions, gifts, grants, and similar amounts not included above$12,507,674
Noncash contributions included in lines 1a–1f $1,592,260
Total Revenue from Contributions, Gifts, Grants & Similar$14,296,961
Total Program Service Revenue$17,793,227
Investment income $463,245
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,120,669
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $36,674,102

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Madeira School Inc has recieved totaling $1,000,000.

Awarding OrganizationAmount
Anonymous Trust

Raleigh, NC

PURPOSE: GRANT FOR GENERAL OPERATING SUPPORT (INSTALLMENT ONE OF TWO)

$500,000
Anonymous Trust

Raleigh, NC

PURPOSE: GRANT FOR GENERAL OPERATING SUPPORT

$500,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$83,596,362
Earnings-$6,880,494
Net Contributions$609,980
Other Expense$2,997,666
Ending Balance$74,328,182

Peer Organizations

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$57,558,870
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$59,848,503
Mccallie School Inc
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$79,356,942
Potomac School
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$49,665,882
Providence Day School
Charlotte, NC
$50,140,053
Flint Hill School
Oakton, VA
$45,449,765
Charlotte Latin Schools Inc
Charlotte, NC
$47,461,290
Bullis School Inc
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$48,486,298

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