2026-06-02T09:50:45-05:00 2025-09-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-10-01 300020043 MEADOWBROOK FOUNDATION INC MEAD 3015899026 8200 MEADOWBROOK LANE CHEVY CHASE MD 20815 JESSICA LEONARDI EXECUTIVE DIRECTOR 3015899026 2026-06-02 1 0 JANNA C GOUDARZI P01335035 3019519090 2024 2025-03-06 01:10:19Z JESSICA LEONARDI 8200 MEADOWBROOK LANE CHEVY CHASE MD 20815 2805652 0 X WWW.MEADOWBROOKSTABLES.COM X 2001 MD SEE PART III, LINE 1. 11 6 79 35 0 0 118754 171588 2464527 2597292 -1949448 4133 10948 7853 644781 2780866 0 0 0 0 1094250 1126273 0 0 24761 1528236 1329379 2622486 2455652 -1977705 325214 1106747 1474850 958471 1002416 148276 472434 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 1889019 2597292 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. 1889019 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 32 0 1 79 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 MARY KENNEDY CHAIRPERSON 5.00 X X 0 0 0 JESSE MARTIN VICE CHAIRPERSON 2.00 X X 0 0 0 KATE CAREY SECRETARY 2.00 X X 0 0 0 MISSY LYNCH ASSISTANT SECRETARY 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 SHELLY TRIMBLE ASSISTANT TREASURER 2.00 X X 0 0 0 SCOTT FASSBACH BOARD MEMBER 2.00 X 0 0 0 ALLISON FULTZ BOARD MEMBER 2.00 X 0 0 0 KARIN KRCHNAK BOARD MEMBER 2.00 X 0 0 0 BETSY HSU BOARD MEMBER 2.00 X 0 0 0 JESSICA LEONARDI EXECUTIVE DIRECTOR 40.00 X 104217 0 8070 DIANE ROGERS ASSISTANT DIR. AND HEAD TRAINER 40.00 X 123883 0 6239 228100 0 14309 2 0 0 0 0 171588 13289 171588 LESSONS 900099 1445203 1445203 SHOWS AND CLINICS 900099 439886 439886 SUMMER CAMP 900099 305755 305755 BOARDING 900099 257335 257335 HORSE LEASES 900099 146750 146750 2363 2363 2597292 1388 1388 19330 6001 10145 12441 9185 -6440 2745 2745 5126 2200 2926 2926 MISCELLANEOUS 900099 4927 4927 4927 2780866 2597292 0 11986 X 116062 58031 46425 11606 848597 652795 187748 8054 54000 40945 12342 713 107614 79419 26043 2152 84436 84436 50 50 6410 5320 1090 82 82 112399 5320 106975 104 1271 988 263 20 104732 72863 29895 1974 27267 27171 96 5 5 57311 57311 44730 44730 HAY & GRAIN 195679 195679 VETERINARIAN FEES 113643 113643 BEDDING 108701 108701 ENTRY FEES 73869 73869 398794 396964 1692 138 2455652 1889019 541872 24761 589461 1028434 158381 153507 37000 500 116111 86207 27161 24879 759745 579922 177133 179823 1500 1500 1106747 1474850 109496 109478 847383 892938 1442 150 0 958471 1002416 X 148276 472434 148276 472434 1106747 1474850 325214 -1056 0 X 0 1 X 0 0 X 232655 431943 59415 118754 171588 1014355 1942512 2090266 1986066 2464527 2597292 11080663 2175167 2522209 2045481 2583281 2768880 12095018 195855 341822 246473 286081 342474 1412705 699804 321445 253797 280804 352426 1908276 895659 663267 500270 566885 694900 3320981 8774037 1066 670 8613 1842 1388 13579 1066 670 8613 1842 1388 13579 2926 2926 11929 11316 14043 10948 4927 53163 2188162 2534195 2068137 2596071 2778121 12164686 0.72130 0.73680 0.00110 0.00120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 150190 128408 21782 609555 451514 158041 179823 2788400 -1056 2200 1144 2787256 50 -6440 -6390 2780866 2457802 2200 2200 2455602 50 50 2455652 PART XI, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSES REPORTED AS AN EXPENSE ON THE AUDITED FINANCIAL 2,200. STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VIII, LINE 9C. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSETS AS REPORTED ON PART VIII, LINE 7C. -6,440. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSES REPORTED AS AN EXPENSE ON THE AUDITED FINANCIAL 2,200. STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VIII, LINE 9C. MARY KENNEDY BOARD CHAIR 63456 BOARD, LESSONS/SHOWS/CLINICS 0 JULIA CREIGHTON CO-TREASURER 41569 HORSE LEASE FEES, BOARD, LESSONS/SHOWS/CLINICS 0 SHELLY TRIMBLE ASSISTANT TREASURER 59943 BOARD, LESSONS, HORSE LEASE COMMISSIONS 0 KERRY RICHARD FORMER BOARD CHAIR 59596 HORSE LEASE FEES, BOARD, LESSONS/SHOWS/CLINICS 0 JESSE MARTIN BOARD MEMBER 51420 BOARD, LESSONS/SHOWS/CLINICS 0 ALISON FULTZ BOARD MEMBER 10189 BOARD, LESSONS/SHOWS/CLINICS 0 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 2025. 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 FARRIER EXPENSE: PROGRAM SERVICE EXPENSES 71,939. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 71,939. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 68,850. MANAGEMENT AND GENERAL EXPENSES 342. FUNDRAISING EXPENSES 28. TOTAL EXPENSES 69,220. HORSE LEASE: PROGRAM SERVICE EXPENSES 55,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 55,000. TRAILERING: PROGRAM SERVICE EXPENSES 38,478. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,478. CONTRACT TRAINING & INSTRUCTION: PROGRAM SERVICE EXPENSES 36,633. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,633. HORSE, BARN, & SHOW SUPPLIES: PROGRAM SERVICE EXPENSES 32,717. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,717. EQUIPMENT : PROGRAM SERVICE EXPENSES 29,399. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,399. IN-HOUSE HORSE SHOW EXPENSE: PROGRAM SERVICE EXPENSES 29,212. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,212. AUTO AND TRUCK EXPENSE: PROGRAM SERVICE EXPENSES 17,305. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,305. PASTURE: PROGRAM SERVICE EXPENSES 11,907. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,907. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 3,968. MANAGEMENT AND GENERAL EXPENSES 1,301. FUNDRAISING EXPENSES 108. TOTAL EXPENSES 5,377. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 1,556. MANAGEMENT AND GENERAL EXPENSES 49. FUNDRAISING EXPENSES 2. TOTAL EXPENSES 1,607.