2024-08-02T15:24:08-05:00 2023-09-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-10-01 300020043 MEADOWBROOK FOUNDATION INC MEAD 3015899026 8200 MEADOWBROOK LANE CHEVY CHASE MD 20815 JESSICA LEONARDI EXECUTIVE DIRECTOR 3015899026 2024-08-02 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2022 2024-08-08 14:25:15Z JESSICA LEONARDI 8200 MEADOWBROOK LANE CHEVY CHASE MD 20815 2138390 0 X WWW.MEADOWBROOKSTABLES.COM X 2001 MD SEE PART III, LINE 1. 10 4 75 25 0 0 431943 59415 2107296 2018629 -16360 -23950 11316 14043 2534195 2068137 0 0 0 0 976229 941050 0 0 34001 1343138 1565196 2319367 2506246 214828 -438109 3736319 3103339 1172081 977210 2564238 2126129 X EDUCATION OF THE PUBLIC ABOUT HORSES THROUGH PROGRAMS DESIGNED TO FOSTER THE DEVELOPMENT OF EQUESTRIAN SKILLS, AS WELL AS THE PRINCIPLES OF KINDNESS, RESPONSIBILITY, AND CARE FOR ALL ANIMALS. PROGRAMS FOR YOUTH-AT-RISK WHO MIGHT NOT OTHERWISE HAVE THE OPPORTUNITY TO INTERACT WITH HORSES IN A SAFE, POSITIVE AND EDUCATIONAL ENVIRONMENT. PROGRAMS FOR HORSE WELFARE PROVIDING MEDICAL CARE AND THERAPEUTIC TREATMENTS DESIGNED TO KEEP THEM COMFORTABLE AND MENTALLY STIMULATED, ALLOWING THEM TO FUNCTION IN A HEALTHY AND PRODUCTIVE WAY. HISTORIC PRESERVATION OF MEADOWBROOK STABLES, WITH SPECIAL ATTENTION TO THE RESTORATION OF THE BARN AND BUILDINGS, THE STEWARDSHIP OF THE GROUNDS AND THE CONTINUING CARE TO ENSURE THE SEVENTY YEAR TRADITION OF HORSEMANSHIP. 0 0 2021860 1986066 EQUESTRIAN PROGRAM: EDUCATION OF THE PUBLIC ABOUT HORSES THROUGH PROGRAMS DESIGNED TO FOSTER THE DEVELOPMENT OF EQUESTRIAN SKILLS, AS WELL AS THE PRINCIPLES OF KINDNESS, RESPONSIBILITY, AND CARE FOR ALL ANIMALS. 24190 HORSE WELFARE PROGRAM: PROGRAMS FOR HORSE WELFARE PROVIDING MEDICAL CARE AND THERAPEUTIC TREATMENTS DESIGNED TO KEEP THEM COMFORTABLE AND MENTALLY STIMULATED, ALLOWING THEM TO FUNCTION IN A HEALTHY AND PRODUCTIVE WAY. 2046050 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 29 0 1 75 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MD X JESSICA LEONARDI 3015899026 8200 MEADOWBROOK LANE CHEVY CHASE MD 20815 KERRY RICHARD CHAIRMAN 5.00 X X 0 0 0 MARY KENNEDY VICE CHAIR 2.00 X X 0 0 0 JULIA CREIGHTON CO-TREASURER 2.00 X X 0 0 0 BOB LAYCOCK CO-TREASURER 2.00 X X 0 0 0 MISSY LYNCH SECRETARY 2.00 X X 0 0 0 ALLISON FULTZ BOARD MEMBER 2.00 X 0 0 0 SHELLY TRIMBLE BOARD MEMBER 2.00 X 0 0 0 KARIN KRCHNAK BOARD MEMBER 2.00 X 0 0 0 SCOTT FASSBACH BOARD MEMBER 2.00 X 0 0 0 JESSE MARTIN BOARD MEMBER 2.00 X 0 0 0 KATRINA WEINING EXECUTIVE DIRECTOR (END 10/22) 40.00 X 131644 0 0 JESSICA LEONARDI EXECUTIVE DIRECTOR (FROM 5/23) 40.00 X 0 0 0 131644 0 0 0 0 0 0 0 59415 48662 59415 LESSONS 900099 1118830 1118830 SHOWS AND CLINICS 900099 285812 285812 SUMMER CAMP 900099 253224 253224 BOARDING 900099 231405 231405 HORSE LEASES 900099 121359 121359 7999 7999 2018629 8613 8613 27690 10000 27690 42563 0 -32563 -32563 -32563 MISCELLANEOUS 900099 14043 14043 14043 2068137 1986066 0 22656 X 74830 29296 38210 7324 687362 592847 72614 21901 53152 53152 125706 119705 6001 66753 66753 126389 53815 67798 4776 2718 2718 105532 5545 99987 92857 88072 4785 45608 41804 3804 4420 4420 195101 195101 50173 50173 VETERINARIAN FEES 126619 126619 HAY 117566 117566 HORSE LEASE 109120 109120 BEDDING 85510 85510 436830 428159 8671 2506246 2046050 426195 34001 427763 385818 456777 152021 122150 89328 278227 215376 31943 5625 3138579 884908 2417959 2253671 1500 1500 3736319 3103339 185239 73023 778093 892583 208749 3604 0 8000 1172081 977210 X 2544031 2126129 20207 0 2564238 2126129 3736319 3103339 -438109 0 X 0 1 X 0 0 X 282358 1249022 232655 431943 59415 2255393 2061590 1827543 1942512 2090266 1986066 9907977 2343948 3076565 2175167 2522209 2045481 12163370 219474 421434 195855 341822 246473 1425058 552718 166300 699804 321445 253797 1994064 772192 587734 895659 663267 500270 3419122 8744248 1511 2605 1066 670 8613 14465 1511 2605 1066 670 8613 14465 16865 5866 11929 11316 14043 60019 2362324 3085036 2188162 2534195 2068137 12237854 0.71450 0.70870 0.00120 0.00060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 196690 115868 80822 141051 112588 28463 2800838 656452 2144386 2253671 DEPOSITS 8000 8000 2110700 10000 10000 2100700 -32563 -32563 2068137 2548809 10000 10000 2538809 -32563 -32563 2506246 PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSETS REPORTED AS EXPENSE ON THE AUDITED FINANCIALS STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VII, LINE 7C -32,563. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSETS REPORTED AS EXPENSE ON THE AUDITED FINANCIALS STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VII, LINE 7C -32,563. KERRY RICHARD BOARD PRESIDENT 47073 HORSE LEASE FEES, BOARD, LESSONS 0 MARY KENNEDY BOARD MEMBER 60884 HORSE SHOW FEES, BOARD, LESSONS, CONTRIBUTION 0 MISSY LYNCH SECRETARY 47587 HORSE SHOW FEES, BOARD, LESSONS 0 JULIA CREIGHTON TREASURER 9866 HORSE LEASE FEES, BOARD, LESSONS 0 ALLISON FULTZ BOARD MEMBER 21346 HORSE LEASE FEES, BOARD, LESSONS 0 SHELLEY TRIMBLE BOARD MEMBER 59717 HORSE LEASE FEES, BOARD, LESSONS 0 X 2 33662 X HORSES 3 15000 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS. THE DRAFT 990 WAS EMAILED TO BOARD MEMBERS WITH DIRECTIONS FOR REVIEW PRIOR TO FILING. IF CHANGES ARE NEEDED AND MADE THE RETURN WILL BE RESENT TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO DIRECTORS, OFFICERS, AND EMPLOYEES; A CLOSE RELATIVE OF A DIRECTOR, OFFICER OR EMPLOYEE, OR A SIGNIFICANT OTHER OR DOMESTIC PARTNER OF A DIRECTOR, OFFICER OR EMPLOYEE. TO AVOID A CONFLICT, OR EVEN THE APPEARANCE OF A CONFLICT, ALL EMPLOYEES, OFFICERS, DIRECTORS OR TRUSTEES DISCLOSE ANY POTENTIAL CONFLICTS TO THE GENERAL MANAGER, AND/OR THE BOARD OF DIRECTORS AND SEEK CONSENT PRIOR TO ENTERING INTO ANY POTENTIAL CONFLICTING RELATIONSHIPS. IT IS THE POLICY OF MEADOWBROOK FOUNDATION, INC., THAT THE EXISTENCE OF ANY OF THE INTERESTS DESCRIBED IN THE POLICY BE DISCLOSED AS SOON AS THE CONFLICT IS RECOGNIZED BEFORE ANY TRANSACTION IS CONSUMMATED. THE BOARD DETERMINES WHETHER A CONFLICT EXISTS AND IN THE CASE OF AN EXISTING CONFLICT WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS FAIR AND REASONABLE TO MEADOWBROOK FOUNDATION INC. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS THE GENERAL MANAGER'S COMPENSATION, USUALLY ANNUALLY, AND DECIDES THE AMOUNT OF AN INCREASE, IF ANY, BASED UPON THE YEARS ACTIVITIES AND THE FOUNDATION'S FINANCES. THE LAST REVIEW TOOK PLACE MARCH 2023. THE GENERAL MANAGER DETERMINES COMPENSATION FOR ALL OTHER EMPLOYEES AND REVIEWS COMPENSATION ANNUALLY. INCREASES ARE AWARDED BASED UPON PERFORMANCE, LONGEVITY AND THE MARKET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E ENTRY FEES: PROGRAM SERVICE EXPENSES 69,675. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 69,675. FARRIER EXPENSE: PROGRAM SERVICE EXPENSES 69,618. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 69,618. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 65,562. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,562. HORSE, BARN, & SHOW SUPPLIES: PROGRAM SERVICE EXPENSES 52,657. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 52,657. GRAIN: PROGRAM SERVICE EXPENSES 48,797. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,797. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 29,249. MANAGEMENT AND GENERAL EXPENSES 1,016. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,265. PASTURE: PROGRAM SERVICE EXPENSES 23,815. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,815. TRAILERING: PROGRAM SERVICE EXPENSES 21,915. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,915. TRAINING RIDES: PROGRAM SERVICE EXPENSES 21,616. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,616. AUTO AND TRUCK EXPENSE: PROGRAM SERVICE EXPENSES 16,397. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,397. PAYROLL SERVICE FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 7,416. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,416. SHOW GROOM: PROGRAM SERVICE EXPENSES 4,900. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,900. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 3,118. MANAGEMENT AND GENERAL EXPENSES 239. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,357. IN-HOURSE HORSE SHOW EXPENSE: PROGRAM SERVICE EXPENSES 840. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 840.