2025-05-15T08:59:18-05:00 2024-06-30 582487348 Aprio Advisory Group LLC 111 Rockville Pike Suite 600 Rockville MD 20850 990 2023-07-01 540505925 The Madeira School MADE 7035568200 8328 Georgtown Pike McLean VA 221021203 Kathleen Chery CFO 7035568200 2025-05-12 1 0 Stacy Cullen P00974308 3012316200 2025-05-12 2023 2025-03-06 01:10:19Z Kathleen Chery 8328 Georgtown Pike McLean VA 221021203 37778833 0 X WWW.MADEIRA.ORG X 1906 VA As a boarding-day school for girls, Madeira's mission is launching women who change the world. 22 22 314 195 0 0 7109411 2500990 23329417 24349639 7102750 9865324 107100 120626 37648678 36836579 3971233 4054584 0 0 11748903 12180881 0 0 1461777 12152647 12972654 27872783 29208119 9775895 7628460 211478796 207960192 26163480 14209356 185315316 193750836 Madeira is a boarding and day college preparatory school for girls in grades nine through twelve. Madeira is a girl's school by design, where every aspect of academic, social, and athletic life is directed toward educating the next generation of young women for leadership. 0 0 23833695 4054584 24349639 Boarding and day school for girls, providing high school education (340 students). 23833695 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 55 0 1 314 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X Kathleen Chery 7035568200 8328 Georgtown Pike McLean VA 221021203 Gaither Smoot Deaton Former President 3.00 X X 0 0 0 Anita Patel Tolani President 3.00 X X 0 0 0 Joy Johnson Vice President 3.00 X X 0 0 0 Carrie Southworth Johnson Vice President 3.00 X X 0 0 0 George Kaczmarskyj Treasurer 3.00 X X 0 0 0 Lee Carol Cook Secretary 3.00 X X 0 0 0 Alicia Marian Avery Trustee 3.00 X 0 0 0 Andrew Blocher Trustee 3.00 X 0 0 0 William Eric Clark Trustee 3.00 X 0 0 0 Anne Faircloth Trustee 3.00 X 0 0 0 Aileen Hawkins Trustee 3.00 X 0 0 0 Ains Hill Trustee 3.00 X 0 0 0 Sue Luangkhot Hoppin Trustee 3.00 X 0 0 0 Bronwyn Hughes Trustee 3.00 X 0 0 0 Katherine Kies Alumnae Council President 3.00 X 0 0 0 Emi Kolawole Trustee 3.00 X 0 0 0 Avery Swing Miller Trustee 3.00 X 0 0 0 Pilar Frank O'Leary Parents' Assoc. President 3.00 X 0 0 0 Tracy Savage Trustee 3.00 X 0 0 0 Nancy Rodwell Tuohy Trustee 3.00 X 0 0 0 Julia Walker Trustee 3.00 X 0 0 0 Kate Wisniewski Weir Trustee 3.00 X 0 0 0 Alexander Heiberger Chief Financial & Operations Officer 40.00 X 260382 0 62729 Gretchen Warner Head of School 40.00 X 223158 0 55609 Christina Kyong Head of School 40.00 X 190839 0 56210 Scott Cohen Asst CFO & Comptroller 40.00 X 141677 0 12751 Jessica Battaglia Asst Secretary & Executive Asst 40.00 X 82639 0 7437 Mary Ann Mahoney Dean of Academics 40.00 X 182198 0 35614 Emily Kasof Chief Advancement Officer 40.00 X 234946 0 88899 Emily Reynolds Dir of Enrollment Management 40.00 X 143876 0 49518 Louisa Pollard Dean of Teaching & Learning 40.00 X 138820 0 33592 Kelli Perkins Dean of Student Life & Culture 40.00 X 136761 0 81234 Karen Joostema Dir of Communications & Marketing 40.00 X 127910 0 59858 1863206 0 543451 17 0 1 0 Coakley and Williams Construction LLC 7475 Wisconsin Ave Suite 900 Bethesda MD 20814 Construction Services 12626226 Meriwether Godsey 4944 Old Boonsboro Road Lynchburg VA 24503 Food Services 1598457 Classic Homeworks LLC 17260 American Elm Court Dumfries VA 22026 Construction Services 816318 Palm Facility Services LLC 10401 Connecticut Ave Kensington MD 20895 Custodial Services 614445 Colorado Security Agency Inc 1622 Wisconsin Ave NW Washington DC 20007 Security Services 312963 12 2500990 170761 2500990 Tuition and Fees 900099 21275747 21275747 Auxiliary Services 900099 1639208 1639208 Summer Programs 900099 1434684 1434684 24349639 931767 931767 9875811 729734 212520 9146077 -212520 8933557 8933557 Miscellaneous 900099 120626 120626 120626 36836579 24349639 0 9985950 4054584 4054584 1292141 923011 274868 94262 8929273 6380056 1894682 654535 822486 586735 177255 58496 252891 180405 54500 17986 884090 630682 190530 62878 80928 80928 64778 64778 2102552 1703981 288910 109661 88514 19185 69329 1082124 816523 153582 112019 455538 297428 148811 9299 164066 70644 59162 34260 557755 309224 104356 144175 131880 90614 32906 8360 459376 445136 8544 5696 2421093 2377270 19261 24562 370114 252185 101995 15934 Plant Maintenance 4768892 4530447 143067 95378 Membership Dues & Licen 120284 23545 96435 304 Merchant Fees 57706 41885 1849 13972 Bad Debt -53101 -53101 100155 100155 29208119 23833695 3912647 1461777 2468 2030 32586846 21544378 1731800 984702 1819995 743814 534198 701056 125108025 26197495 96317842 98910530 38516969 43029281 39335551 41351238 633127 693163 211478796 207960192 4212663 2547187 11378272 6785719 10057747 4665446 514798 211004 26163480 14209356 X 85956126 113069507 99359190 80681329 185315316 193750836 211478796 207960192 X 7628460 103480 703580 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 78532325 667213 8940933 3458739 84681732 74328182 606104 6938694 3340655 78532325 83596362 609980 -6880494 2997666 74328182 65596181 897142 19890650 2787611 83596362 68688035 838198 -1210792 2719260 65596181 0.09650 0.90350 0.00000 0 0 236766 236766 103835412 18899301 84936111 9203448 2037137 7166311 456247 312363 143884 11376152 4948694 6427458 98910530 41351238 F 41351238 Interest rate swap agreements 211004 211004 X 33614107 103480 703580 807060 32807047 4029532 4029532 36836579 25178587 0 25178587 4029532 4029532 29208119 Part X, Line 2: The School evaluates uncertainty in income tax positions based on a more-likely-than-not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50% likely of being realized upon ultimate settlement. As of June 30, 2024 and 2023, there are no accruals for uncertain tax positions. If applicable, the School records interest and penalties as a component of income tax expense. Tax years from 2020 through the current year remain open for examination by federal, state and local jurisdictions. Part XI, Line 2d - Other Adjustments: Change in Value of Split Interest Agreements 62,786. Gain on Interest Rate Swap Agreement 640,794. Part XI, Line 4b - Other Adjustments: Financial Aid 4,029,532. Part XII, Line 4b - Other Adjustments: Financial Aid 4,029,532. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Included in all newspaper advertisements. 0 Financial Aid Awarded to Students 125 4054584 Part I, Line 2: Not reporting financial aid by student is covered by 20 U.S.C. 1232g. X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 Emily Kasof Chief Advancement Officer 234946 0 0 0 0 0 22338 0 66561 0 323845 0 0 0 Alexander Heiberger Chief Financial & Operations Officer 260382 0 0 0 0 0 24599 0 38130 0 323111 0 0 0 Gretchen Warner Head of School 223158 0 0 0 0 0 16737 0 38872 0 278767 0 0 0 Christina Kyong Head of School 190839 0 0 0 0 0 17338 0 38872 0 247049 0 0 0 Kelli Perkins Dean of Student Life & Culture 136761 0 0 0 0 0 12633 0 68601 0 217995 0 0 0 Mary Ann Mahoney Dean of Academics 182198 0 0 0 0 0 17022 0 18592 0 217812 0 0 0 Emily Reynolds Dir of Enrollment Management 143876 0 0 0 0 0 12949 0 36569 0 193394 0 0 0 Karen Joostema Dir of Communications & Marketing 127910 0 0 0 0 0 12845 0 47013 0 187768 0 0 0 Louisa Pollard Dean of Teaching & Learning 138820 0 0 0 0 0 12494 0 21098 0 172412 0 0 0 Scott Cohen Asst CFO & Comptroller 141677 0 0 0 0 0 12751 0 0 0 154428 0 0 0 Part I, Line 1a - Housing Allowance or Residence for Personal Use The value of housing provided to employees who live on campus is based on local real estate rental rates for similar sized housing and is included in total compensation for Form 990 purposes. Part I, Line 1a - Personal Services The compensation of the employees (officers) is reviewed and approved by the board of trustees of the school provided that persons with conflicts of interest with respect to the compensation agreement at issue are not involved in this review and approval. The compensation of the person is reviewed and approved using data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. Part I, Line 4b - Supplemental Nonqualified Retirement Plan The school maintains a non-qualified deferred compensation plan that complies with Section 457(b) of the Internal Revenue Code. It is an unfunded plan maintained primarily for the purpose of providing deferred compensation benefits for a select group of management or highly compensated employees. Participation in this plan is limited to the head of school and senior administrative team. A Fairfax County Economic Development Authority 546001266 000000000 2017-08-01 18603416 To fully redeem Series 2010 Bond and to pay off line credit. 0 0 0 A 19302670 329697 3592973 2017 1 0 1 1 A 0 1 0 0 0.00020 0.00020 0 0 0 A 0 0 0 0 1 1 Morgan Stanley 30.000000000000 1 0 0 0 0 A 0 X 60 FMV X 29 143998 FMV X Supplies and Materials 6 20053 FMV X Horse 1 5000 FMV X Class RIng 11 1650 FMV 1 0 1 1 Part I, Line 32b: The school uses a third party brokerage firm to sell publicly traded stocks. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the audit committee, and then the Form 990 is provided to all members of the board of trustees prior to filing the return. Form 990, Part VI, Section B, line 12c At the first board meeting each fiscal year, board members and key employees are given a form to fill out and sign. Form 990, Part VI, Section B, line 15 The compensation of the person is reviewed and approved by the board of trustees of the school provided that persons with conflicts of interest with respect to the compensation arrangement at issue are not involved in this review and approval. The compensation of the person is reviewed and approved using data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. Form 990, Part VI, Section C, line 19 The Form 990 is made available upon request. Other organizational documents are not available to the general public. Form 990, Part XI, line 9: Change in value of split interest agreements 62,786. Gain on interest rate swap agreement 640,794. Form 990, Part XII, Line 2c: The organization did not have any changes to its oversight process or selection process during the year.