Better Business Bureau Report for
Meredith-Dunn School

Better Business Bureau Report issued July 2014
Better Business Bureau Report expires September 2016


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Meredith-Dunn School
Address: 3023 Melbourne Avenue
  Louisville, KY 40220
Phone: 502-456-5819
Web Address: www.meredithdunnschool.org
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Better Business Bureau Comments

Year, State Incorporated: 1973, Kentucky
Affiliates: None
Stated Purpose: The mission of Meredith-Dunn School is to provide prescriptive instruction in a nurturing environment designed to empower students who learn differently in becoming accomplished learners and resilient individuals.

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Evaluation Conclusions

              

Meredith-Dunn School meets the 20 Standards for Charity Accountability.
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Programs

              

The Meredith-Dunn School is a specialized school-serving students in grades 1-8 who have special learning differences/disabilities. The Meredith-Dunn School community embraces a child-centered philosophy that recognizes the learning potential of each of our students. The school values each student as an individual with a unique pattern of strengths, weaknesses, and learning styles. The school's educational program is personalized in both content and approach to support students’ growth in becoming competent learners and resilient individuals. The Meredith-Dunn School welcomes opportunities to work collaboratively with families and other professionals in providing a vibrant educational community, rich in opportunity and respect. The school's structured and nurturing environment is designed to promote academic integrity and personal confidence that will carry students through life as productive and successful citizens.

For the fiscal year ended July 31, 2013, Meredith-Dunn School's program expenses were:

  
School 1,568,921
Evaluation 54,170
After School Program 34,754
Summer Program 33,095
Tutoring 25,963
Total Program Expenses: $1,716,903
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Governance

              

Chief Executive : Kathy N. Beam, Head of School
Compensation*: 
$91,372

Chair of the Board: B. Tony Weber
Chair's Profession / Business Affiliation: Wealth Management/Financial Planner

Board Size: 11

Paid Staff Size: 55

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

Methods of fund raising inlcude direct mail, telephone, invitations to fund raising events, television, grant proposals, internet, planned giving arrangements, and cause-related marketing.
Fund raising costs were 15% of related contributions. (Related contributions, which totaled $407,015, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on Meredith-Dunn School's audited financial statements for the fiscal year ended July 31, 2013.

Ending net assets as reported below include $1,470,922 in unrestricted net assets and $175,298 in temporarily restricted net assets.

Total assets as reported include $1,124,799 invested in property and equipment.



Source of Funds  
Tuition & Fees - School 2,184,992
Gifts & Private Grants 191,820
Fundraising Events 181,326
Investment Income 63,337
Evaluation 50,731
After School Program 47,665
Donated Materials & Services 33,869
Tutoring 30,564
Other Income 3,700
Loss on Disposal of Assets -522
Total Income $2,787,482


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Uses of Funds as a % of Total Expenses

Programs: 63%  Fund Raising: 2%  Administrative: 25%  Other Expenses: 10%

Total income $2,787,482
Program expenses $1,716,903
Fund raising expenses 62,754
Administrative expenses 704,318
Other Expenses 281,458
Total expenses $2,765,433
Income in Excess of Expenses 22,049
Beginning net assets 1,624,171
Ending net assets 1,646,220
Total liabilities 535,284
Total assets $2,181,504


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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