form 990(2002) 2

` Return of Organization 6empt From Income Tax ' °""B"°'~°°' Form 990 Under section 501(c),527,or4947(a)(1) oIMeIMernaIRevenue CoGe(e3ceplblack lunp Zoo

o~.mmi a v»T~y benefit bust or private foundation) upon to Public ��e�y P,a�� S~ " The organization may have to use a copy of this return to satisfy state reporting requirements 6uifeqipn

23-1352659

215-884-3238 F #¢anu+prmfaa 0 cen M crowd

H end I are not applicable to section 527 organizations H(a) Is this a group return for affiliates? ED Yes [M No H(b) It Yes; enter number of affiliates 10, H(c) Are allaffiliates incluAeO? N/A El Yet E::1 No

(11 'No,' attach a list ) H(d) Is this a separate return filed by an or- ~

WWW .MEADOWBROOKN6 .

K Check here " L ,J d the organization's gross receipts are normally not more than $25,000 The organization need not file a return with the IRS, but A the organization received a Farm 990 Package in the mail, d should file a return without financial data Some states reaulre a complete return

M Check " U d the organization is not required to attach S[h B (Form 990. 990-EZ. or 99o-PF1

p~ if nevenue, G(pCfI5B5, ana vnan es in nei Assets or rune aai, 7 Contributions, gels grants, and similar amounts received

7 Direct public support 17 6 Indirect public support 1b c Government contributions (grants) 1e d Total (add lines la through lc) (cash $ 126,182 . nonwsn E

2 Program service revenue including government fees and contracts (from Part VII, line 93) 3 Membership dues and assessments 4 Interest on savings and temporary cash investments 5 Dividends and interest from securities 6 a Gross rents SEE STATEMENT 1 6a

b Less rental expenses 66 c Net rental income or (loss) (subtract line 6b from line 6a)

m 7 Other investment income (describe 10, 'c 8 a Gross amount from sale of assets other A Securities 0 m than inventory Ba

D Less cost or other basis and sales expenses 8131 e Gain or (loss) (attach schedule) 8c 0 Net pain or (loss) (combine line Bc, columns (A) and (B))

9 Special events and activities (attach schedule) a Gross revenue (not including S at contributions

reported on tine 1a) 9a D Less direct expenses other than fundraising expenses 9b c Net income or (loss) from special events (subtract line 9b from line 9a)

10 a Gross sales of inventory, less returns and allowances t 0a O Less . . 10b

50,665 .

0 O-O LUtJ O of inventory (attach schedule) (subtract line 70b from line 10a)

B

o U In

(B)) column (C))

18 Excess or (deficit) for the year (subtract line 17 from line 72) 79 Net assets or fund balances at beginning of year (from line 73, column (A)) 20 Other changes in net assets or tune balances (attach explanation) SEE STATEMENT 2 21 Net assets or fund balances at end of year (combine lines 18, 19 and 20) o LHA For Papenork Reduction Act Notice, see the separate Instructions

1 113"

A Forlha2002calendar year,ortaayear period beginning JUL 1 2002 B cn.? ,t A~ C Name of organization

epploda uf! IRS

py0rea IeDd ar o. �� EADOWBROOK SCHOOL 0a,.~ E

N. =ga Number and street (or P 0 box A mail is not delivered to street address) 0 ,'"�°ym

SIN sow 1641 HAMPTON ROAD Foul Imbw

~Rn,m u,~, City or town, state or country, and ZIP + 4 0"m�"'°m'°°° EADOWBROOK PA 19046 OAMPPe a~^ ~ Section 501[/(3) organizations and a9a7(a)(1) nonexempt charitable true

must attach a completed Schedule A (Form 990 or 99D-EZ)

110.

D Employer Identification number

RooMswle I E Telephone number

11

844,892 .

Form 990 (2002)

TOOL 23-1352659 ist complete columiS (A) Columns (B), (G), and (D) are required for secL4i 501(c)( 5) is and section 4947(a)(1) nonexempt charitable gusts but aphonal for others

(A) Total (B) Program (C) Management (D) Fundraainp services and eneral

559 , 504 . 559, 504 . ` TATEMENT` 4 I

22 Grants and aAocahons (attach schedule) oesti s noi,oset~ s

23 SpAGfic assistance to indmduals (attach schedule) 20 Benefits paid to or for members (attach schedule) 25 Compensation of officers directors, etc 26 Other salamis and wages 27 Pension plan contributions 28 Other employee benefits 29 Payroll taxes 30 Professional tundraising fees 31 Accounting fees 32 Lepaltees 33 Supplies 34 Telephone 35 Postage and shipping 36 Occupancy 37 Equipment rental and maintenance 38 Printing and publications 39 Travel 40 Conferences, conventions, and meetings 41 Interest 62 Depreciation, depletion, etc (attach schedule) 43 Older expenses not covered above (itemize)

a b t a e SEE STATEMENT 3

2

,L8i8TeIli fort M f Functional Expenses and

Do not include emwnfs reported on line

ea b'o~~o~~omee~o~ve~~aoe~oe~13 15 144 1 s,Zly,siu .1 t,du7,iso .~ sua,LUL .~ [~,sau . Joint Costs Check " E--1 rtyou are following SOP 98-4 Are any point costs from a combined educational campaign and fundraising solicitation reported in (B) Program services ~ 0 Yes M No II Yes; enter (Q the aggregate amount of these joint costs E , (if) the amount allocated to Program services E

What is tie organization s primary exempt purposes 10, PRIVATE SCHOOL - PROVIDES EDUCATION TO STUDENTS Pro am! All organizations must aeSmG tear usnpt vuPOse ~Iwerta b m a tier end wndx mvinn SLb the nu~ ol clients sweE, pobilmpom oaued etc Discvs+

(RsUuevemenb Met. not m'auMla (Section SOI(cX3) end (d) o,enliaUOm and 9917(ef(1) nonbidnpl NYlbbla Wsbmust Naomin Ore amount of prenh end 11 i,s allocations to M. ) trusts Wt opbor

a INSTRUCTIONAL SERVICES PROVIDED TO THE SCHOOL COMMUNITY IN FURTHERANCE OF ITS EXEMPT PURPOSE

2,885,736 . b

c

d

and allocations $

Form 990(2002)

Form 990(2oA2) ' ' MEADOWBROOK SCHOOL ' ' 23-1352659

Pmt N Balance Sheets

r

45 Cash - non-interest-bearing 46 Sarongs and temporary cash investments

726 . 47 a Accounts receivable b Less allowance for doubtful accounts 10,726 .

48 a Pledges receivable CBa 1 / U U . h Less allowance for doubtful accounts 4B6 14,830 . <8c 1,700 .

49 Grants receivable 49 50 Recerva6les from officers, directors, trustees,

and fey employees 59 , 389 . 50 41,914 . N 0 51 a Other notes and loans receivable Sta

b Less allowance tordoubtful accounts Stb 30 , 183 . 51c 52 Inventories for sale or use 52 53 Prepaid expenses anAdeferred charges 9 , 859 . 53 10 , 657 . 54 Investments -securities STMT 5 " E::] Cost M Fkiv 630 484 . Se 661 353 . SS a Investments - land, buildings, and

equipment basis 55a

0 Less accumulated depreciation 55b SSe 56 Investments - other 0 . 56 0 . 57 a Land, buildings, and equipment basis 57a 3 , 253,464 .

b Less accumulated depreciation 571 ; 1 , 629 , 884 . 1 , 634, 718 . 57c 1,623 580 . 58 Other assets (descnbe No- FINANCING COSTS ~ 55 , 277a 58 52 , 275 .

59 Total assets add lines 45 throu g h 58 must e q ual line 74 2 , 680 , 848a 59 2 , 584 353* 60 Accounts payable and accrued expenses 67, 201 . 60 47 , 822 . 61 Grants payable 67 62 Deterred revenue 3, 877 . 62 3 983 .

m _ 63 Loans from officers, directors, trustees, and key employees 59 389 . 63 41 , ;14 . a 64 a Tax-exempt bond liabilities 60a

UMortgages andother notes payable 1 , 435 , 0 00 . 54p 1,310 000 . 65 Other liabilities (descnne 111~ SEE STATEMENT 6 ) 270 489 . 65 424 , 158a

66 Tolalliabilities faddlines sOthrouoh651 1 .835 .956 . ss 1 . 827 .877 . Organizations that follow SFAS 117, check here 11111 U and complete lines 67 through

69 and lines 73 and 74 m 67 Unrestricted 125 354 . 67 146,41 .' .9 68 Temporarily restricted 108 , 208 . Ba in 69 Permanently restricted 611,330 . 69 610 , 06

Organizations that do net follow SFAS 117, check here 1 Oand complete lines 70 through 74

70 Capital stock, trust principal, or current funds 70 $ 71 Paid-in or capital surplus, or land, building, and equipment fund 71

72 Retained earnings, endowment accumulated income, or ether funds 72 73 Total net assets or fund balances (add lines 67 through 69 or lines 70 through 72,

column (A)must equal line t9 column (B)must equal line 21) 844 892 . 73 756 471 74 Total liabilities and net assets / tuna balances (add lines 66 and 73) ~ 2 ,680,848 .1 74 1 2 , 584,35 -M

Form 990 i5 available for public inspection and, for some people, serves as the primary or sole source of information about a particular organization How the public perceives an organization in such cases may be determined by the information presented on its return Therefore, please make sure the return is complete and accurate and fully describes in Part III the organization's programs and accomplishments

=, m :zm 3

Note Where required, attached schedules end amounts within the desciriatron column should be for end-of-year amounts only

Ipl I I IBI Beginning of year End of year

55,780 .1 4s 1 54,0

Form 990 2002 ~ MEADOWBROOK SCHOOL Pmt N-A Reconciliation of Revenue per Audited

Financial Statements with Revenue per Return

a Total revenue, gains, and other support ^° peraudrtedfinancwlstatements " a 3, 130 902 .

t b Amounts Included on line a but not on

line 12 . Form 990 (1) Net unrealized gains

on investments $ (2) Donated services

and use of facildies $ (3) Recoveries of poor

yeas giants (4) Other (specify) STMT 7 $ 12,382 .

Add amounts on lines (1) through (4) IN- b 12 , 382 .

e Line a minus line D " a 3 1 18 520 .

0 Amounts included an line 12, Form 990 but not on hoe a

(1) Investment expenses not included on hoe 6b, Form 990 $

(2) Other (specify) S

Add amounts on lines (1) and (2) " d ` 0e Total revenue per hoe 12, Form 990

(line c plus line 0 " e 3 118 5 2 0 . Part V J List of Officers, Directors, Trustees, and Key I

(A) Name and address

a

Add amounts on lines (1) and (2) " d U . e Total expenses per line 17, Form 990

(line c plus line d) " e 3,219,318 . ployees (List each one even d not compensated ) ~ Title and average hours (C) Compensation (DpoWR~hofim M Expense per week devoted to (11 not ppiQ, enter o,~,~ a~~��d , account and

ISIAN HEADMASTER N ROAD . aA 19408

__

0 HOURS 181,300 . 17,635 . 5,857 . SEE ATTACHED SCHEDULE ---------------------------------

--------------------------------- ---------------------------------

--------------------------------- ---------------------------------

--------------------------------- ---------------------------------

--------------------------------- ---------------------------------

--------------------------------- ---------------------------------

--------------------------------- ---------------------------------

--------------------------------- ---------------------------------

NEEDED

75 Did any officer director trustee or key employee receive aggregate compensation of more than E700 000 from your organization and all related organizations, of which more than E10,000 was provided by the related organizatio ns? It Yes' attach schedule hi~ 0 Yes M No Form 990 (2002)

aami of n m 4

per

a I olal expenses and losses per audited financial statements " a 3 219 318 .~

b Amounts included on line a but not on line 17, Form 990

(1) Donated services and use of facilities S

(2) Prior year adjustments reported an line 20, ' , Form 990 $

(3) Losses reported on line 20, Form 990 $ ~ `

(4) Other (specify) f

Ado amounts on lines (7) trough (4) " D ` 0 e Line a minus line h " c 3 , 219 , 318 .

d Amounts included on line 17, Form 990 but not on line a

(1) Investment expenses not included on line 6b, Form 990 $

(2) Other (specify)

78 Did the organization engage m any activity not previously reported to the IRS It Yes; attach a detailed Oescnpbon of each act" 711 77 Were any changes made m the organizing or governing documents but not reported to the IRS? 77

It Yes; attach a conformed copy of the changes - 78a ad the orq5nrsatian have unrelated business gross income of E7,000 or more during the year covered by this return? 78;

b It'Yes ; has d filed a tax retain on Form 990-T for this years N/A 781 79 Was there a liquidation, dissolution, termination, or substantial contraction during the years 79

It Yes; attach a statement 80 a Is the organization related (other than by association with a statewide or nationwide aiganrzahon) through common membership,

governing bodies, trustees, officers, etc , to any other exempt or nonexempt orpanrzation7 '80; D If Yes,' enter the name of the organization

and check whether It is 0 exempt or 0 nonexempt 81 a Enter deed or indirect political expenditures See line 81 instructions I Into 1 0

X

X

X X

X

D Did the organization file Form 1120-POL for this yeah 82 a Did the organization receive donated services or the use of materials, equipment, or facilities at no charge or al substantially less [fan

fa i r rental value D If Yes; you may indicate the value of these items sera Do not include this amount as revenue in Part I or as an

expense m Pad II (See instructions m Pan III ) I 82p ~ N/A 83 a Did the organization comply with the public inspection requirements for returns and exemption apDlications9

D Did the organization comply with the disclosure requirements relating to quid pro quo contributions? 84 a Did the organization solicit any contributions of gifts that were not tax deductible,

h It Yes; did the organization include with every solicitation an express statement that such contributions or gifts were riot tax deductible? N/A

85 501(c)(4), (5), 0r (6) organizations a Were substantially all dues nondeductible by members NBA

b Did the organization make only in-douse lobbying expenditures of $2,000 or less N/A It Yes' was answered to either BSa or BSU do riot complete BSc through 85h below unless the organization received a waiver for proxy tax awed for the prior year

t Dues, assessments, and similar amounts from members &5C N/A 0 Section 162(e) lobbying and political expenditures 85d N/A e Aggregate nondeductible amount o1 section 6033(e)(1 )(A) dues notices &5e NBA t Taxable amount of lobbying and political expenditures (line 850 less 85e) ~ 851 ~ N/A q Does the organization elect to pay the section 6033(e) tax on the amount on line 85f7 N/A h It section 6033(e)(1)(A) dues notes were sent does the organization agree to add the amount on line 85f to its reasonable estimate of duos

allocable 1o nondeductible lobbying and political expenditures for the following tax years N/A 86 501(c)(/) organ¢abons Enter a Initiation tees and capital contributions included on line 12 B6a N/A

b Gross receipts, included online 12 for public use of club facilities 8611 N/A 87 501(c)(72) organ¢atrons Enter a Gross income from members of shareholders 87a N/A

b Gross income from other sources (Do riot net amounts due or paid to other sources against amounts due or received from them ) 87G NBA

88 At any pine during the year did the organization own a SOY or greater interest in a taxable corporation or partnership, or an entity disregarded as separate from the organization under Regulations sections 301 7701 .2 and 301 7701-37 If Yes; complete Part I%

89 a 501(c)(d) organizations Enter Amount of tax imposed on the organization during the year under section 4911 . 0 . section 4912 . 0 . , section 4955 . 0 .

D 501(c)(3) and 507(c)(4) organizations Did the organization engage in any section 4958 excess benefit transaction during the year or did R became aware of an excess benefit transaction from a prior year It Yes ; attach a statement explaining each transaction

c Enter Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955 and 4958 1

d Enter Amount of tax on line 89c above, reimbursed by the organization " 0 .

90 a List the states with which a copy of this retain is filed " PENNSYLVANIA h Number a1 employees employee in the pay period that includes March 12 2002 90b

91 ihebootsareinwFeof " MARGARET BANDERA, BUSINESS MANAGER ieiephoneno " 215-8

Locate0at " 1641 HAMPTON ROAD, MEADOWBROOK, PA ZIv+4 . 19046

92 Section 4947(a)(i) none.<empf charitable trusts filing Form 990 in liar o/ Form 1D41- Check here 1 N/A Form 990 (2002)

111- 111- I 92

5

Form 990 Fees No

X X

X~

X

X

, L",

X

Note Enter pros amounts unless otherwise indicated 93 Program service revenue a TUITION/FEES o MISC . PROGRAM INCOME c a e f Medicare/Medicaid payments g Fees and contracts from government agencies

94 Membership dues and assessments 95 Interest an savings and temporary cash investments 95 Dividends and interest from securities 97 Net rental income or (loss) from real estate a debt-financed property D not deft-financed property

98 Net rental income or (loss) from personal property 99 Other investment income 100 Gain or (toss) from sales of assets

other than inventory 101 Net income or (loss) from special events 702 Gross profit or (loss) from sates of inventory 103 Other revenue

a b c 0 8

104 Subtotal (add columns (B), (D) and (E)) 105 Total (add line 104, columns (B), (D), and (E))

(E) Related or exempt function income

Note Line 105 Ns line Id, Part 1, should equal the amount on line 12, Part I p~ yill Relationship of Activities to the Accomplishment of Exempt Purposes (see page 32 of the instructions) Lme No Explain how each activity for which income is reported in column (E) of Part VII contributed importantly to the accomplishment of the organization s

exempt purposes (other than by providing funds for such purposes) PARENTS TO AND FEES ARE

ATIONAL NEEDS OF THE STUDENTS . a Subsidianes and Disregarded Entities (Sea cage a2 of the instructions

THE E

of Name, of I Nature of activities income

Please 1 , _b==9 Sign 1 l// ~ Here

' Signatu of officer Date

Paid PreDarer's ' sgnalure

vreparer : F��~�, TAIT, WELLER & BAKER ULBOnIy Yw"'1 ~~-mvar~ '1818 MARKET STREET ; SUI ~~'r63� ""

. "" AP . 4 PHILADELPHIA, PA 19103

990

unreialeaousmessIncome E~.aee by .o~512 513 ar 514 IA1 (B) 1C1 I [D

Business Amount ~�,

Amount cone

6

B

(a) Did the organization . during the year, receive any funds, directly or indirectly, (b) Did the organization, during the year, pay pair gums, directly or indirectly . on

Organization Exempt Under Section 501(c)(3) (Except Private Foundation) and Section 501(e), 501(Q, SDI(k),

501(n), or Section 4947(a)(1) Nonexempt Charitable Trust Supplementary Information-(See separate instructions.)

jo. MUST De completed by the above organizations and attached to their Form 990 or 990-EZ

a,,9 raTs.soa~

2002 Deyslrtrit al M Trmury

Name otnhe orpanrsa6on

352659 MEADOWBROOK SCHOOL

CRAIG RIFKIN - rl'ECH . COORD .

1641 HAMPTON ROAD . MEADOWBROOK . PA 190

60 .750 .1 8 .952 .

Total number of other employees paid

Compensation of the Five Highest Paid Independent Contractors for Professional Services ISee oaae 2 of the instructions List each one (whether individuals or terms) It there are none . enter *None I

zz3,oiA, xz m LHA For Paperwork Reduction Act Notice, see tie Instruction: for Form 990 and Form 990-EZ 7

Schedule A (Form 990 or 990-EZ) 2002

SCHEDULER (Form 990 or 990-EZ)

Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (See page 1 of the instructions List each one ii there are none enter 'None')

(a) Name and address of each employee paid (U) Tdle and average hours ~ ~PI^ «~°^~R~° (e than $50,000 Peg week= to (c) Compensation P��~ a~ acco

more oosrtian ~o~..ip~ a

BETSY EQUI--------______-________-SST . HEAD .

1641 HAMPTON ROAD, MEADOWBROOK, PA 40

BONNIE MCKEEVER URRIC .

1641 HAMPTON ROAD, MEADOWBROOK, PA I40

MARGARET BANDERA US . MGR .

1641 HAMPTON ROAD, MEADOWBROOK . PA 140

---------------------------------

(a) Name and address of each independent contractor paid more than $50,000

NONE

--------------------------------------------

--------------------------------------------

--------------------------------------------

Total number of others receiving over

(b) Type of service I (c) Compensation

13 0 An organisation that is not controlled by any disqualified persons (older than foundation managers) and supports organizations described in (7 ) lines S through 12 above or (2) section 501 (c)(4), (5), or (6), d they meet the test of section 509(a)(2) (See section 509(a)(3) )

Provide the following information about the supported organizations (See page 5 of the instructions ) (G) Line number

from above (a) Names) of supported organization(s)

14 I I nn and operates to test toy public safety Section sus(a)(a) (See page 5 of the instructions Schedule A (Form 990 or 990-EZ) 2002

na� , of az m

8

Schedule n(F6rm990or'990-EZ)200Y MEADOWBROOK SCHOOL 23-4352659 Pape2

part 111 Statements About Activities (See page 2 of the Instructions Yes No

1 During the year, has the organization attempted to influence national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum? It Yes; enter the total expenses paid or incurred in connection wild the lobbying acimlies " $ E (Must equal amounts on line 38, Part VI-A, or line i of Part VI-8 ) 1 X Organizations that made an election under section 501(h) by filing Form 5768 must complete Part VI-A Older organizations checking 'Yes; must complete Part VI-B AND attach a statement prong a detailed description of the lobbying acirvdies

2 During the year, has the organization . either directly or indirectly, engaged in any of the folloxnnp acts with any substantial contributors, ' trustees, directors, officers, creators key employees, or members of their families, or with any taxable organization with which any such person is affiliated as an offices, director, trustee, majority owner, or principal beneficiary? Of the answer to any question is 'Yes,' attach adetailed statement explanurgthevansacuons)SEE STATEMENT 9

a Sale, exchange, or leasing of property 2a ' L X '~

h Lending o1 money of other extension of credit?

c Furnishing of goods, semces, or lacilnies? I 2e I I X.

0 Payment of compensation (or payment of reimbursement of expenses d more than $1,000)

e Transfer of any part of its income or assets 2e X

3 Does the organization make grants for scholarships, fellowships . student loans etc ? (See Note below ) 3 X a Do you have a section 403(D) annuity plan for your employees 4 X Note Attach a statement to explain how the organization defertnrnes that individuals or organizations recervrng grants or loans from it in furtherance of its charitable programs 'qualrly' to receive payments SEE STATEMENT 10 - 1 Part N I Reason for Non-Private Foundation Status see pages 3 through 5 of the instructions ) The organization is not a private foundation because d is (Please check only ONE applicable box ) 5 0 A church convention of churches or association of churches Section 170(b)(1)(A)(1) 6 ~ A school Section 170(b)(1)(A)(n) (Also complete Pan V ) 7 ~ A hospital or a cooperative hospital service organization Section 170(b)(1)(A)(ni) B 0 A Federal, state, or local government or governmental unit Section 170(b)(1)(A)(v) 9 ~ A medical research orpanrzation operated in conjunction with a hospital Section 170(b)(1)(A)(ni) Enter the hospHal's name, eltp,

and state 10 0 M organization operated for the benefit of a college or university owned or operated by a governmental unit Season 170(b)(1)(A)(rv)

(Also complete the Support Schedule in Part IV-A ) 11a ~ An organization that normally receives a substantial part o1 As support from a governmental unit or from the general public

Section 110(b)(1)(A)(vi) (Also complete the Support Schedule in Part N-A ) 11U E=1 A community trust Section 170(b)(1)(A)(vi) (Also complete the Support Schedule in Part IV-A 12 0 An organization that normally receives 11) more than 331/9: of its support from contributions, membership fees, and gross

receipts tom actrvdies related to its charrta0le, etc , functions -subject to certain exceptions, and (2) no more than 33 1/3% of As support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 See section 509(a)(2) (Also complete the Support Schedule in Part IV-A )

Schedule n(FOrm990or990-EZ)2002 MEADOWBROOK SCHOOL ' ' 23-1352659 Page 3

Raft IV-A] Support Schedule (Complete only A you checked a box on line 10, 11 . a 12 ) Use cash method o1 accounting. N/A Note You rrkW use the worksheet in the instructions for converhn from the accrual to the cash method o! eccouriling

Calenaarliear,arfiscal year De innln In " (a) 2001 (b) 2000 (e) 1999 (d) 1998 (e) Total 75 GAts,grants,anOcontributions

received (DO not include unusual rants SeeYine28

16 Membership fees received 17 Gross receipts from admissions,

merchandise sob or services performed, or furnishing of facilities m any activity that is related to the organization's charitable etc,purpose

18 Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975

19 Net income from unrelated business activifies not included in line 18

pp Tax revenues levied for the organization s benefit and either paid to it or expended on its behalf

21 Tie value of services or facilities famished to the organization by a governmental unit without charge Do not include the value of services or facilities generally furnished to the public without charge

zy Older income Attach a schedule Do not include gain or (loss) from sale of capital assets

23 Total 01 fines 15 through 22 0 .1 0 .1 0 .1 0 . 0 . 24 Line 23 minus line 17 25 Enter 1% of line 23 26 Organizations described on lines 10 or 11 a Enter 2% of amount in column (e), line 24 1 263 N/ A b Prepare a list for your records to show the name a1 and amount contributed by each person (other than a governmental

unit or publicly supported organization) whose total pals for 1998 through 2001 exceeded the amount shown in line 26a Do not life ISIS list with your return Enter the sum of all these excess amounts 1 26b N /A

c Total support for section 509(a)(1) test Enter line 24, column (a) 1111- 26c N/A d Add Amounts from column (e) for lines 18 19

22 26e 111- 26a N/A

e Public support (fine 26c minus line 26d total) 1 26e N/A 1 Public support Oercentage (line 26e (numerator) 01rI0eE by line 26e (denominator)) 1 26I NBA %

27 Organizations described on line 12 a For amounts included in lines 15, 16, and 17 that were recerveA from a'disqualifieA person ; prepare a list for your records to show the name of, and total amounts received m each year from, each 'disqualified person' Do not file this list rich your retain Enter the sum of such amounts for each year (2007) (2000) (1999) (1998)

h For any amount included in line 17 that was received from each person (older than 'disqualified persons'), prepare a list for your records to show the name of, and amount received for each year, that was more than the larger of (1) the amount on line 25 for the year or (2) ES 000 (include in the list organizations described in lines 5 through 71, as well as individuals ) Do not file this list with your return After computing the difference between the amount retched and the larger amount described in (1) or (2), enter the sum of these differences (the excess amounts) for each year (2007) (2000) (1999) (1998)

C Add Amounts from column (e) log lines 75 16 17 20 41 " 27c NBA

a Add Line 27a total and line T7b total " 27o N / A e Public support (line 27c total minus line 27d total) 1 27e N/A I Total support for section 509(a)(2) test Enter amount on line 23, column (e) 1 271 N/A g Public support percentage Pine 27e (numerator) divided by line 27f (denominator)) 1110- 27 NBA % h Investment income percentage (line 18, column (e) (numerator) divided by line 27t (denominator) 10- ~ 27h ~ NBA %

28 Unusual Grants For an organization described in line 10 11 or 12 that received any unusual grants during 1998 through 4001, prepare a list for your records to show, lot each year the name of the contributor, the date and amount of the grant, and a brief description of the nature at the grant DO not file this list with your return Do not include these grants in line 15

pout of 22M s~seulea1F0.ssoo.ssaEAzoox 9

34 a Does the organization receive any financial aid or assistance from a governmental agency D Has the organization s right to such aid ever been revoked or suspended

It you answered Yes'to either 34a or b please explain using an attached statement 35 Does the organization codify that d has complied with the applicable requirements of sections 4 07 trough 4 OS of Rev Proc 75-50,

1975-Z C B 587 . covenna mewl nandiscnmmahon9 It 'NO' attach an exolanahon


zzaioi o+ zz m

10

Schedule a(Firmssoors9o-EZ)zoo2 MEADOWBROOK SCHO6L ' ' 23-.1352659 vapea per[ y PrlvBte School Questionnaire (See page 7 of the instructions )

(fo be completed ONLY by schools that checked the box on line 6 in Part IV)

29 Does the organization have a racially nondiscriminatory policy toward students by statement m its charter, bylaws, other governing Yes NO

instrument : or in a resolution of its governing DoOy7 29 X 30 Does the organization include a statement of it racially nondiscriminatory policy toward students in all its brochures, catalogues,

and other whiten communications with the public dealing with student admissions, programs, and scholarships? 30 X 31 Has the organization publicized its racially nondiscriminatory poly through newspaper or broadcast media during the period of

solicitation for students, or during tie registration period A d has no solicitation program. m a way that makes tie Dohcy known to all pails of the general community it serves 31 ~X If Yes; please describe, it 'No,' please explain (It you need more space, attach a separate statement ) ALL PUBLIC CORRESPONDENCE CONTAINS A STATEMENT REGARDING THE

32 Does the organization maintain the following a Records indicating the racial composition of tie student body, faculty, and administrative staff? 32a X b Records documenting that scholarships and older financial assistance are awarded on a racially nondiscriminatory basis 32b X c Copies of all catalogues, brochures, announcements, and agar written communications to the public dealing with student

admissions, programs, and scholarships 32c X 0 Copies of all material used by the organization or on its behalf to solicit coninbutions7 32G X

If you answered 'NO'to any of tie above please explain (II you need more space, attach a separate statement )

33 Does the organization discriminate by lace in any way with respect to a Students rights or privileges? 33a -X D Admissions policies 33G X c Employment Of faculty or administrative staff? 33c X d Scholarships or other financial assistance? 33d X e Educational policies 339 X 1 Use of facilities? 331 X p Athletic programs? 33 X

Other extracurricular aclndies7 33~ X It you answered 'Yes* to any of tie above please explain (II you need more space, attach a separate statement )

2 a 990or99PtZ)2002 MEADOWBROOK SCHOOL Lobbying Expenditures by Electing Public Charities (see page 9 of the instructions) (To be comoleteA ONLY bv an elwible amanvahon that filed Form 57681

Caution If there is an amount on either line 43 or line 44 . you must file

0-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns

below See the instructions for lines 45 throvah 50 on pace 11 of the instructions 1

Lobbying Expenditures During 4-Year Averaging Period

1b1 W (it) 2001 2000 1999

(e) Tout

0 .

0 .

0 .

0 . 50 Grassrools lobbying

i Part VI-81 Lobbying Activity by Nonelecting Public Charities (For reporting only by organizations that did not complete Part VI-A) (See gape 11 of the instructions ) N/A

During the year did the organization attempt to influence national, state or local legislation including any attempt to Yes No Amount influence public opinion on a legislative matter or referendum, through the use of

a Volunteers D Paid staff or management (Include compensation in expenses reported on lines c trough A ) c Media advertisements O Mailings to members legislators, or the public e Publications or published or broadcast statements 1 Grants to other organizations forlobbying purposes q Duel contact with legislators, their sGits, government off icials, or a legislative body h Rallies demonstrations, seminars, conventions speeches, lectures, or any other means I Total lobbying expenditures (Add lines c through h ) 0 .

If 'Yes* to any o1 tie above, also attach a statement giving a detailed description of the lobbying actrvAies 223141 01 ro Schedule A (Form 990 or 990-EZ) 2002

11

Limits on Lobbying Expenditures means amounts paid or incurred

36 Total lobbying expenditures to influence public opinion (grassroots lobbying) 37 Total lobbying expenditures to influence a legislative body (direct lobbying) 38 Total lobbying expenditures (add hoes 36 and 37) 39 Other exempt purpose expenditures 40 Total exempt purpose expenditures (add lines 38 and 39) 91 Lobbying nontaxable amount Enter tie amount from tie following table

If the amount on line 40 I: - The lobbying nontaxable amount is -

Not wer $500 000 70% of tM vrnunt on tin. Q

Orv5500000Wt not wrS1000000 5100000plus 15%olPeeawsOVaS.A0000

Over$100000pputnotwaf7500000 f175000plus 10%olVieeva~wsf1000000

Ov>f1500000putnotover f170pD00p fj$5000plus 3%olpreaW7wa5150p000

a« $17 000 00D $1 000 ODD

42 Grassroots nontaxable amount (enter 25% of line 41) 43 Subtract line 42 tom line 36 Enter -0- it line 42 is more than line 36 44 Subtract line 41 from line 38 Enter -0- h line 41 is more than line 38

(a) (b) Affiliated group To be completed for ALL

totals electing organizations

N/A

Calendar year (or (a) fiscal year beginning ink 10.2004 45 Lobbying nontaxable

46 Lobbying ceiling amount V

47 To[aIloEDying

48 Grassroots nantarable

09 Grassrootsceiling amount 1 "

12

Schedule a(FOrmssoorsso-¢)2002 MEADOWBROOK SCHOOL 23-1 352659 Page e Part VII Infortnation Regarding Transfers To and Transactions and Relationships With Noncharitable'

Exempt Organizations (See pace 12 of the instructions ) 51 Did the reporting organization directly or indirectly engage in any of the following with any other organization described m section

SOt(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations? a Tonsters from the reporting organization to a nonchanlahle exempt organru6on of Yes No

Sta(l) X (I) Cash (ii) Other assets a(li) X

b Other transactions (q Sales or exchanges of assets with a nonchanWDle exempt organization b(l) X (II) Purchases of assets from anoncnarrtaEleexempt organization bill) X (III) Rental of facilities . equipment, or other assets G(Iii) X (M) Reimbursement arrangements b(N) X (v) Loans or loan guarantees b(v) X (vi) Performance of services or membership or fundraising solicitations C(vl) X

e Sharing of facilities, equipment, mailing lists, alder assets, or paid employees c X d If the answer to any al the above is Yes' complete the following schedule Column (b) should always show the fair market value of the

goods, other assets or services green by the reporting organization Ii the organization received less than fair market value in any transaction or sharing arrangement, show in column (d) the value of the goods, other asses, or services received N/A

(a) (G) (c) (d) Line no Amount involved Name of nonchanlable exempt organization Description of transfers, transactions, and sharing arrangements

52 a Is the organization directly or indirectly affiliated with, or related to, one or more tax-exempt organizations described in section 501(c) of tie Code (other khan section 501(c)(3)) or in section 527? Ye5 NO

b If 'Yes' complete the followinn schedule N/A

Ial I Ibl I M Name of organization Type o1 oiganrsation Description of relationship


TOTAL TO FORM 990, PART I, LINE 6A 50,665 .

FORM 990 OTHER CHANGES IN NET ASSETS OR FUND BALANCES STATEMENT 2

TOTAL TO FORM 990, PART I, LINE 20 12,382 .

FORM 990 OTHER EXPENSES STATEMENT 3

1,339 . TOTAL TO FM 990, LN 43 311,700 . 247,324 . 63,037

15 STATEMENT S) 1, 2, 3

MEADOWBROOK SCHOOL

FORM 990 RENTAL INCOME

KIND AND LOCATION OF PROPERTY

CELLTOWER

23-1352659

STATEMENT 1

ACTIVITY GROSS NUMBER RENTAL INCOME

1 50,665 .

DESCRIPTION

UNREALIZED GAIN ON SECURITIES

AMOUNT

12,382 .

PROGRAM MANAGEMENT DESCRIPTION TOTAL SERVICES AND GENERAL

INSURANCE 45,572 . 38,708 . 6,864 . LIBRARY EXPENSES 10,249 . 10,249 . SCIENCE ROOM 32,383 . 32,383 . PROFESSIONAL DEVELOPMENT 22,366 . 22,366 . MISCELLANEOUS 28,935 . 7,375 . 21,560 . FOOD SERVICE 53,375 . 53,375 . FIELD TRIPS 23,165 . 23,165 . YEARBOOK EXPENSE 7,267 . 7,267 . EXTENDED DAY PROGRAM 28,668 . 28,668 . COMMENCEMENT EXPENSES 1,197 . 1,197 . SPECIAL PROGRAMS 22,571 . 22,571 . PROMOTION 29,322 . 27,983 . DUES 6,630 . 6,630 .

(D)

FUNDRAISING

1,339 .

23-1352659 MEADOWBROOK SCHOOL

FORM 990 NON-GOVERNMENT SECURITIES STATEMENT 5

OTHER PUBLICLY TOTAL

CORPORATE CORPORATE TRADED OTHER NON-GOV'T STOCKS BONDS SECURITIES SECURITIES SECURITIES

661,353 .

OTHER LIABILITIES

DESCRIPTION

TOTAL TO FORM 990, PART IV-A 12,382 .

16 STATEMENT S) 4, 5, 6, 7

FORM 990 SPECIFIC ASSISTANCE TO INDIVIDUALS STATEMENT 4

DESCRIP,TION " AMOUNT

SCHOLARSHIPS AND GRANTS ARE MADE ON A NONDISCRIMINATORY BASIS OF ACADEMIC ACHIEVEMENT AND FINANCIAL NEED . 559,504 .

TOTAL TO FORM 990, PART II, LINE 23 559,504 .

SECURITY DESCRIPTION

MUTUAL FUNDS MONEY MARKET FUNDS

TO 990, LN 59 COL B

FORM 990

655,373 . 5,980 .

DEFERRED INCOME - TUITION CAPITAL LEASE OBLIGATION

TOTAL TO FORM 990, PART IV, LINE 65, COLUMN B

FORM 990 OTHER REVENUE NOT INCLUDED ON FORM 990

DESCRIPTION

UNREALIZED GAIN ON SECURITIES

655,373 . 5,980 .

661,353 .

STATEMENT 6

AMOUNT

355,996 . 68,162 .

424,158 .

STATEMENT 7

AMOUNT

12,382 .

MEADOWBROOK SCHOOL 23-1352659

THE SCHOOL RECEIVED $15,283 OF GRANT INCOME FROM THE COMMONWEALTH OF PENNSYLVANIA UNDER ACTS 195 AND 90 FOR THE PURCHASE AND LOAN OF TEXTBOOKS AND INSTRUCTIONAL MATERIALS FOR STUDENTS THAT ARE PENNSYLVANIA RESIDENTS IN GRADES KINDERGARTEN THROUGH GRADE TWELVE AND WHOSE TUITION ZS NOT PAID BY THE STATE OR OTHER PUBLIC FUNDS .

STATEMENT S) 8 17

FOOTNOTES STATEMENT B

FORM 99,0 - SCHEDULE A, PART V - LINE 34A

18 STATEMENT S) 9, 10

MEADOWBROOK SCHOOL 23-1352659

SCHEDULE A STATEMENT REGARDING ACTIVITIES WITH STATEMENT 9 SUBSTANTIAL CONTRIBUTORS, TRUSTEES, DIRECTORS,

CREATORS, KEY EMPLOYEES, ETC, . " PART III, LINE 2

SEE PART V, FORM 990 REGARDING COMPENSATION PAID TO HEADMASTER . THE ORGANIZATION ADVANCED FUNDS TO THE HEADMASTER AT A MARKET RATE OF INTEREST . THE OUTSTANDING AMOUNT ADVANCED WAS 41,914 @ 6/30/03 .

SCHEDULE A EXPLANATION OF QUALIFICATIONS TO RECEIVE PAYMENTS STATEMENT 10 PART III, LINE 3

SCHOLARSHIPS AND GRANTS ARE MADE ON A NONDISCRIMINATORY BASIS OF ACADEMIC ACHEIVEMENT AND FINANCIAL NEED .

2002-2003 BOARD OE DIRECTORS

Susan Raynor Mary Stein 1225 Tockington Court 1529 Old Welsh Road Rydal 79046 Huntingdon Valley 19006 215-887-3745 215-947-3926

Mary Rohner ~ VP) William Wagner ~s t[ .FEYfb~Y 7124 Devon Road 7141 Jefferson Lane Rydal 19046 Huntingdon Valley 19006 215-884-9335 215-947-0155

Gen Dillard 7833 Spring Avenue Elkins Park 19027 215-635-1282

Pamela Holland CrR6as(,04R) Debbie Rosenberg Lisa Weitzman ~fgif~,~ t~ 1605 Amity Road 117 Windsong Dnve 1215 Gilbert Road f~75i0b- T Rydal, Pa 19046 Doylestown 18901 Meadowbrook 19046 215576-1516 215-3a8-0436 215-576-79234

Total Board Members-21 Quorum- 11

/Jl~- Brnvc'Q F'/s+~6Ek1 VOLvriFfe TNEik T /H ~ "~4 S /i4`

S y lgbRr fae AlpeT 1/

Donna Arcidiawno 105 Upland Drive Churchville 18966 215355-9593

Kathy Averback 195 Welsh Road Huntingdon Valley 79006 215-938-0823

Rick Berry 303 Cathcart Road Gwynedd Valley 19437 215-641-6756

Michael DiFigha 1127 Weslbury Road Jenkintown 19046 215-886-4287

Bruce Dillard 7833 Spring Avenue Elkins Park 19027 215635-1282

Alice Hovsepian Robert Ryan (p&JiffEy/, 1652 North Hills Avenue 108 CalhcaA Road Willow Grove 19090 Gwynedd Valley 19437 215-659-8286 215628-3455

Dr Clare Kahn Jody Saltzman 1425 Grasshopper Road 435 Dreshertown Road Huntingdon Valley 19006 Fort Washington 19034 215-938 7977 215-641-8929

Wendy Kapnek Carole Schmutzler C VP 708 Signal Hill Road 1708 Old Welsh Road Dresher 19025 Huntingdon Valley 19006 215-641-9955 215-887-1082

Noryn Letcavage Dr Mark Solomon 955 Spnnghouse Road 965 Dale Road Meadowbrook 79046 Meadowbrook 19046 215-947-2455 215-885-4221

form 990(2002) 2

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