Meadows School
- Assets
- $76.7m
- Revenue
- $21.9m
- Investments
- $35.0k
- Employees
- 228
- Location
- Las Vegas, NV
- Founding
- 11/1982
- Data as of
- 06/2021
- EIN
- 94-2795420
Organization Overview
Meadows School is located in Las Vegas, NV. The organization was established in 1982. 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 06/2021, Meadows School employed 228 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Meadows 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 06/2021, Meadows School generated $21.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $21.8m during the year ending 06/2021. While expenses have increased by 2.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O ATTACHMENT 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE 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 ARRIVE TO THEIR NEW CAMPUSES WITH CURIOUS, CREATIVE MINDS READY TO CHANGE THE WORLD.
TRANSPORTATION PROVIDED FOR ATHLETIC & FIELD TRIP STUDENT EVENTS.
LUNCHES WERE PROVIDED THROUGH AN OUTSIDE SERVICE PROVIDER FOR APPROXIMATELY 500 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy B Gregersen Head Of School | Officer | 40 | $286,366 |
Richard Anderson CFO | Officer | 40 | $211,924 |
Bret Peterson Director Of Facilities | 40 | $146,470 | |
Claude Grubair Director Of Athletics | 40 | $141,160 | |
Heidi Lee Director Of Advancement | 40 | $127,723 | |
Ronald Sandlin Director Of Technology | 40 | $123,222 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
National Educational Security Team Campus Security | 6/29/21 | $582,712 |
Sage Dining Services Inc Food Services | 6/29/21 | $527,493 |
Nv Energy Electricity Utility | 6/29/21 | $259,053 |
Health Plan Of Nevada Health Insurance | 6/29/21 | $1,264,396 |
Par 3 Landscaping | 6/29/21 | $285,915 |
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 | $1,629,984 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,629,984 |
| Total Program Service Revenue | $17,468,040 |
| Investment income | $826,645 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,003,628 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,936,191 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $569,809 |
| Compensation of current officers, directors, key employees. | $569,809 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,843,199 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,778,604 |
| Payroll taxes | $907,415 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $64,786 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $84,698 |
| Fees for services: Other | $0 |
| Advertising and promotion | $69,807 |
| Office expenses | $0 |
| Information technology | $555,153 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $175 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,940 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,439,189 |
| Insurance | $149,611 |
| All other expenses | $1,782,869 |
| Total functional expenses | $21,790,663 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,675,930 |
| Pledges and grants receivable | $75,000 |
| Accounts receivable, net | $0 |
| 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 | $190,456 |
| Net Land, buildings, and equipment | $26,081,309 |
| Investments—publicly traded securities | $40,031,302 |
| Investments—other securities | $34,973 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $626,252 |
| Total assets | $76,715,222 |
| Accounts payable and accrued expenses | $1,778,879 |
| Grants payable | $0 |
| Deferred revenue | $4,455,558 |
| 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 | $2,368,754 |
| Total liabilities | $8,603,191 |
| Net assets without donor restrictions | $54,167,268 |
| Net assets with donor restrictions | $13,944,763 |
| 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 | $76,715,222 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Meadows School has recieved totaling $191,448.
| Awarding Organization | Amount |
|---|---|
Windsong Tr Manhattan Beach, CA PURPOSE: TUITION ASSISTANCE PROGRAM | $91,591 |
Zee Foundation Las Vegas, NV PURPOSE: GENERAL FUND | $35,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $25,180 |
Ernest A & Mary Elizabeth Becker Family Fndn A Non-Profit Corp Las Vegas, NV PURPOSE: TO ASSIST YOUTH IN CLARK COUNTY TO BUILD A COMPREHENSE TOOLKIT OF KNOWLEDGE AND SKILLS TO GROW, THRIVE AND MAKE A DIFFERENCE BY PROVIDING THEM WITH ACCESS TO QUALITY EDUCATION. AND BY PROVIDING YOUTH WITH ACCESS TO FACILITIES ENCOURAGING THEM TO MAINTAIN HEALTHY PHYSICAL ACTIVITY. | $10,000 |
Terri And Roland Sturm Family Las Vegas, NV PURPOSE: CONTRIBUTION | $10,000 |
Binion Family Foundation Las Vegas, NV PURPOSE: SUPPORT OF THE MEADOWS SCHOOL | $10,000 |
Endowment Analysis
| Beg. Balance | $2,955,838 |
| Net Contributions | $268,174 |
| Ending Balance | $3,224,012 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Francis Parker School San Diego, CA | $194,908,820 | $57,687,551 |
La Jolla Country Day School La Jolla, CA | $114,865,046 | $46,001,052 |
Sierra Canyon High School Foundation Chatsworth, CA | $85,774,367 | $48,990,674 |
St Margaret Of Scotland Episcopal School San Juan Capistrano, CA | $134,064,500 | $40,914,385 |
Polytechnic School Pasadena, CA | $171,943,339 | $44,872,252 |
Robert Louis Stevenson School Pebble Beach, CA | $122,648,077 | $40,501,209 |
Head-Royce School Oakland, CA | $139,836,677 | $50,710,547 |
Leman Academy Of Excellence Inc Tucson, AZ | $127,912,652 | $38,356,100 |
San Domenico School San Anselmo, CA | $70,945,076 | $41,031,926 |
Alexander Dawson Foundation Las Vegas, NV | $318,582,392 | $50,508,481 |
Buckley School Sherman Oaks, CA | $161,147,758 | $37,463,452 |
Catlin Gabel School Portland, OR | $84,016,930 | $34,455,336 |