GREAT MEADOW FOUNDATION INC

EIN: 521257702 501(c)(3) Environment

THE PLAINS, VA

Total Revenue
$975,404
Total Expenses
$1,322,133
Total Assets
$7,233,397
Net Assets
$7,171,750
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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
VA
Principal Officer
T GARRICK STEELE
Phone
5402535001
Tax Period
2023-01-01 to 2023-12-31

GREAT MEADOW FOUNDATION INC, founded in 1982, is a community nonprofit in the Environment sector that reported $2.3M in total revenue in fiscal year 2018. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $380K, a strong 17% operating margin.

Mission

GREAT MEADOW FOUNDATION, INC'S PURPOSE IS TO PRESERVE AND PROTECT OPEN SPACE, VISUAL ORDER, FLORA AND FAUNA, AND AIR, LAND AND WATER RESOURCES FOR THE BENEFIT OF THE GENERAL PUBLIC AND TO PERPETUATE, AND TO FURTHER PUBLIC EDUCATION, RECREATION AND ENJOYMENT WITH RESPECT TO THE HISTORIC AND TRADITIONAL OPEN SPACES AND FIELD EVENTS OF FAUQUIER COUNTY, VIRGINIA.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $189,946
Program Service Revenue $734,381
Investment Income $51,077
Other Revenue $0
TOTAL REVENUE $975,404

Expense Breakdown

Grants Paid $0
Salaries & Benefits $486,459
Fundraising Expenses $21,862
Program Expenses $912,734
Other Expenses $835,674
TOTAL EXPENSES $1,322,133

Year-over-Year Comparison

2023 2022 Change
Revenue $975,404 $3,193,770 -0.7%
Expenses $1,322,133 $1,016,168 +0.3%
Net Income $-346,729 $2,177,602 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
8
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$81,327
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NATALIE EPSTEIN CHAIRMAN OF THE BOARD 6.50
Officer Director
$0 $0 $0
MIKE SMITH VICE CHAIR 1.00
Officer Director
$0 $0 $0
GARRICK STEELE VICE CHAIR 1.00
Officer Director
$0 $0 $0
DULANEY MORISON TRUSTEE 1.00
Director
$0 $0 $0
DAVID GREENHILL TRUSTEE 1.00
Director
$0 $0 $0
HOLIDAE HAYES TRUSTEE 1.00
Director
$0 $0 $0
NAJAF HUSAIN TRUSTEE 1.00
Director
$0 $0 $0
THOMAS MCMILLEN TRUSTEE 1.00
Director
$0 $0 $0
RICHARD SPENCER TREASURER 1.00
Officer Director
$0 $0 $0
STUART WEINSTEIN-BACAL TRUSTEE 1.00
Director
$0 $0 $0
KAREN CRANE TRUSTEE 1.00
Director
$0 $0 $0
BIRGE WATKINS SECRETARY 1.00
Officer Director
$0 $0 $0
TESS NEWCOME EXECUTIVE DIRECTOR 40.00
Officer
$81,327 $0 $81,327
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $975,404 $1,322,133 $7,233,397 $-346,729
2022 $3,193,770 $1,016,168 $7,682,358 $2,177,602
2021 $973,548 $1,306,292 $5,732,779 $-332,744
2020 $831,145 $1,049,707 $6,082,543 $-218,562
2019 $1,254,483 $1,553,981 $6,394,867 $-299,498
2018 $2,270,924 $1,890,813 $6,585,550 $380,111
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