2025-06-11T14:21:13-05:00 2024-09-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-10-01 300020043 MEADOWBROOK FOUNDATION INC MEAD 3015899026 8200 MEADOWBROOK LANE CHEVY CHASE MD 20815 JESSICA LEONARDI EXECUTIVE DIRECTOR 3015899026 2025-06-11 1 0 JANNA C GOUDARZI P01335035 3019519090 2023 2025-03-06 01:10:19Z JESSICA LEONARDI 8200 MEADOWBROOK LANE CHEVY CHASE MD 20815 2596071 0 X WWW.MEADOWBROOKSTABLES.COM X 2001 MD SEE PART III, LINE 1. 11 6 75 35 0 0 59415 118754 2018629 2464527 -23950 -1949448 14043 10948 2068137 644781 0 0 0 0 941050 1094250 0 0 24378 1565196 1528236 2506246 2622486 -438109 -1977705 3103339 1106747 977210 958471 2126129 148276 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 2026128 2464527 OUR PROGRAM IS FOCUSED ON EDUCATING 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. WHILE ALSO PROVIDING EXEMPLARY MEDICAL CARE FOR THE HORSES USED IN THE PROGRAM. THESE THERAPEUTIC TREATMENTS ARE DESIGNED TO KEEP THEM PHYSICALLY COMFORTABLE AND MENTALLY STIMULATED, ALLOWING THEM TO FUNCTION IN A HEALTHY AND PRODUCTIVE WAY. 2026128 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 33 0 1 75 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 6 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 BOB LAYCOCK CO-TREASURER 2.00 X X 0 0 0 JULIA CREIGHTON CO-TREASURER 2.00 X X 0 0 0 MISSY LYNCH SECRETARY 2.00 X X 0 0 0 KATE CAREY ASSISTANT SECRETARY 2.00 X X 0 0 0 SHELLY TRIMBLE ASSISTANT TREASURER 2.00 X X 0 0 0 ALLISON FULTZ 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 JESSICA LEONARDI EXECUTIVE DIRECTOR 40.00 X 74788 0 1833 74788 0 1833 0 0 0 0 0 118754 44907 118754 LESSONS 900099 1388327 1388327 SHOWS AND CLINICS 900099 377245 377245 SUMMER CAMP 900099 292808 292808 BOARDING 900099 243782 243782 HORSE LEASES 900099 159566 159566 2799 2799 2464527 1842 1842 1951290 -1951290 -1951290 -1951290 MISCELLANEOUS 900099 10948 10948 10948 644781 2464527 0 -1938500 X 111918 5596 95130 11192 790277 667958 115114 7205 55021 44358 9916 747 137034 102775 31518 2741 82593 82593 35158 34228 930 821 821 111136 4519 106496 121 4105 3079 944 82 115345 75300 38037 2008 30244 29356 817 71 122 122 188514 188514 47293 6939 40354 VETERINARIAN FEES 163686 163686 HAY & GRAIN 160874 160874 BEDDING 82339 82339 HORSE LEASE 74203 74203 431803 382404 49188 211 2622486 2026128 571980 24378 385818 589461 152021 158381 89328 37000 215376 116111 5625 27161 750300 573167 2253671 177133 1500 1500 3103339 1106747 73023 109496 892583 847383 3604 1442 8000 150 977210 958471 X 2126129 148276 2126129 148276 3103339 1106747 -1977705 -148 0 X 0 1 X 0 0 X 1249022 232655 431943 59415 118754 2091789 1827543 1942512 2090266 1986066 2464527 10310914 3076565 2175167 2522209 2045481 2583281 12402703 421434 195855 341822 246473 286081 1491665 166300 699804 321445 253797 280804 1722150 587734 895659 663267 500270 566885 3213815 9188888 2605 1066 670 8613 1842 14796 2605 1066 670 8613 1842 14796 5866 11929 11316 14043 10948 54102 3085036 2188162 2534195 2068137 2596071 12471601 0.73680 0.71450 0.00120 0.00120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 142245 121560 20685 608055 451607 156448 177133 DEPOSITS 150 150 2595923 -148 -148 2596071 -1951290 -1951290 644781 2622486 0 2622486 0 2622486 PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSETS AS REPORTED ON PART VIII, LINE 7C. -1,951,290. KERRY RICHARD CHAIRMAN 88409 HORSE LEASE FEES, BOARD, LESSONS 0 MARY KENNEDY VICE CHAIR 66527 HORSE SHOW FEES, BOARD, LESSONS, CONTRIBUTION 0 MISSY LYNCH SECRETARY 51439 HORSE SHOW FEES, BOARD, LESSONS 0 JULIA CREIGHTON CO-TREASURER 25706 HORSE LEASE FEES, BOARD, LESSONS 0 SHELLY TRIMBLE ASST. TREASURER 53489 HORSE LEASE FEES, BOARD, LESSONS 0 X 1 4907 MARKET PRICE X HORSES 4 40000 FMV 4 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 DECEMBER 2024. 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 68,700. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 68,700. FARRIER EXPENSE: PROGRAM SERVICE EXPENSES 67,907. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 67,907. CONTRACT TRAINING & INSTRUCTION: PROGRAM SERVICE EXPENSES 51,974. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,974. TRAILERING: PROGRAM SERVICE EXPENSES 51,970. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,970. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 49,016. MANAGEMENT AND GENERAL EXPENSES 882. FUNDRAISING EXPENSES 77. TOTAL EXPENSES 49,975. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 34,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,000. HORSE, BARN, & SHOW SUPPLIES: PROGRAM SERVICE EXPENSES 23,177. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,177. AUTO AND TRUCK EXPENSE: PROGRAM SERVICE EXPENSES 21,194. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,194. IN-HOUSE HORSE SHOW EXPENSE: PROGRAM SERVICE EXPENSES 20,501. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,501. PASTURE: PROGRAM SERVICE EXPENSES 20,220. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,220. PAYROLL SERVICE FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,299. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,299. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 4,540. MANAGEMENT AND GENERAL EXPENSES 2,024. FUNDRAISING EXPENSES 49. TOTAL EXPENSES 6,613. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 3,205. MANAGEMENT AND GENERAL EXPENSES 983. FUNDRAISING EXPENSES 85. TOTAL EXPENSES 4,273.