Better Business Bureau Report for
Meredith-Dunn School

Better Business Bureau Report issued July 2016
Better Business Bureau Report expires July 2018


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 become 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

              

Meredith-Dunn offers a specialized curriculum for students in grades 1-8 with diagnosed learning differences, as well as an after care program, summer school, tutoring & diagnostics/evaluations.

For the fiscal year ended July 31, 2016, Meredith-Dunn School's program expenses were:

  
School 1,926,472
Evaluation 62,884
After school program 36,807
Summer program 19,316
Tutoring 14,947
Total Program Expenses: $2,060,426
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Governance

              

Chief Executive : Kathy N. Beam, Head of School
Compensation*: 
$94,990

Chair of the Board: William Simpson
Chair's Profession / Business Affiliation: UPS

Co-Chair of the Board : Shawn Freibert

Chair's Profession / Business Affiliation: Freibert/Mattingly Title Group,LLC

Co-Chair of the Board : N/A

Chair's Profession / Business Affiliation: N/A

Board Size: 12

Paid Staff Size: 51

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

              

Method(s) Used:

Direct mail, invitations to fund raising events, grant proposals
Fund raising costs were 3% of related contributions. (Related contributions, which totaled $599,875, 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, 2016.

Ending net assets as reported below include $2,236,603 in unrestricted net assets and $90,082 in temporarily restricted net assets.

Total assets as reported include $2,950,453 invested in property and equipment.



Source of Funds  
Tuition and fees 2,593,988
Gifts and private grants 439,286
Fundraising events, net 148,777
Evaluations 59,869
After school program 57,464
Other income 22,470
Tutoring 14,883
Donated material and services 11,812
Interest Income 180
Loss on disposal of property and equipment -5,461
Total Income $3,343,268


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Uses of Funds as a % of Total Expenses

Programs: 69%  Fund Raising: 1%  Administrative: 24%  Other Expenses: 6%

Total income $3,343,268
Program expenses $2,060,426
Fund raising expenses 19,690
Administrative expenses 718,404
Other Expenses 188,484
Total expenses $2,987,004
Income in Excess of Expenses 356,264
Beginning net assets 1,970,421
Ending net assets 2,326,685
Total liabilities 1,092,275
Total assets $3,418,960


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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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