Meridian School
- Assets
- $23.2m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 94
- Location
- Seattle, WA
- Founding
- 04/1979
- Data as of
- 06/2023
- EIN
- 91-1005629
Organization Overview
Meridian School is located in Seattle, WA. The organization was established in 1979. 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 06/2023, Meridian School employed 94 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meridian 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, Meridian School generated $7.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $8.0m during the year ending 06/2023. While expenses have increased by 6.6% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ELEMENTARY EDUCATION FOR GRADES KINDERGARTEN THROUGH 5TH GRADE INCLUDING BEFORE AND AFTER SCHOOL CARE AND SUMMER CAMP AND ENRICHMENT PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELEMENTARY EDUCATION FOR GRADES KINDERGARTEN THROUGH 5TH GRADE, INCLUDING BEFORE AND AFTER SCHOOL CARE AND SUMMER CAMP AND ENRICHMENT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth Bissell Head Of School | Officer | 40 | $111,850 |
Kelley Williams Chief Financial And Operations Officer | Officer | 40 | $122,400 |
Andrew Beers Chair | OfficerTrustee | 10 | $0 |
Jennifer Ellis Vice Chair | OfficerTrustee | 10 | $0 |
Amee Patel Secretary | OfficerTrustee | 10 | $0 |
Todd Haberly Treasurer | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $391,381 |
| Noncash contributions included in lines 1a–1f | $50,611 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $391,381 |
| Total Program Service Revenue | $6,885,183 |
| Investment income | $438,175 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,492 |
| 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 | $7,716,231 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $825,408 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $455,796 |
| Compensation of current officers, directors, key employees. | $107,346 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,402,002 |
| Pension plan accruals and contributions | $154,204 |
| Other employee benefits | $369,447 |
| Payroll taxes | $315,531 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $83,935 |
| Advertising and promotion | $37,665 |
| Office expenses | $64,700 |
| Information technology | $209,046 |
| Royalties | $0 |
| Occupancy | $818,135 |
| Travel | $17,430 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $98,356 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $178,069 |
| Insurance | $38,541 |
| All other expenses | $0 |
| Total functional expenses | $7,973,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $918,013 |
| Savings and temporary cash investments | $317,095 |
| Pledges and grants receivable | $15,000 |
| Accounts receivable, net | $5,523 |
| 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 | $104,889 |
| Net Land, buildings, and equipment | $4,543,719 |
| Investments—publicly traded securities | $4,769,931 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,552,651 |
| Total assets | $23,226,821 |
| Accounts payable and accrued expenses | $523,108 |
| Grants payable | $0 |
| Deferred revenue | $2,024,309 |
| 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 | $2,908,554 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,200,049 |
| Total liabilities | $18,656,020 |
| Net assets without donor restrictions | $2,930,710 |
| Net assets with donor restrictions | $1,640,091 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $23,226,821 |