2023-03-02T21:58:39-06:00 2022-06-30 946214841 ARMANINO LLP 12657 ALCOSTA BLVD STE 500 SAN RAMON CA 945834600 990 2021-07-01 951696720 FRANCIS PARKER SCHOOL FRAN 8585697900 6501 LINDA VISTA ROAD SAN DIEGO CA 92111 KEVIN YALEY HEAD OF SCHOOL 8585697900 2023-03-01 1 KEVIN YALEY 999009999 KATY BROWN P00650274 9257902600 2023-03-01 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z KEVIN YALEY 6501 LINDA VISTA ROAD SAN DIEGO CA 92111 57885879 0 X WWW.FRANCISPARKER.ORG X 1912 CA TO PROVIDE EDUCATIONAL SERVICES TO STUDENTS FROM JR. KINDERGARTEN THROUGH GRADE 12. 21 20 506 300 0 0 9992689 9780458 41256225 46144607 10705032 1520982 6179 241504 61960125 57687551 6557002 7430352 0 0 26165882 26218363 0 0 1307430 12603552 15334784 45326436 48983499 16633689 8704052 190453843 194908820 91684529 94891180 98769314 100017640 TO CREATE AND INSPIRE A DIVERSE COMMUNITY OF INDEPENDENT THINKERS WHOSE ACADEMIC EXCELLENCE, GLOBAL PERSPECTIVE, AND STRENGTH OF CHARACTER PREPARE THEM TO MAKE A MEANINGFUL DIFFERENCE IN THE WORLD. 0 0 40525868 7430352 46144607 FRANCIS PARKER SCHOOL IS COMMITTED TO GRADUATING STUDENTS WHO EMBODY THOSE QUALITIES ESSENTIAL FOR ACADEMIC SUCCESS AND PERSONAL FULFILLMENT - INTELLECTUAL CURIOSITY, CREATIVE THINKING, PASSION FOR LEARNING, ETHICAL RESPONSIBILITY, SELF-RELIANCE, COMMUNITY ENGAGEMENT, AND GLOBAL COMPETENCE - BY OFFERING A BALANCED, CHALLENGING AND INTEGRATED K-12 EDUCATIONAL PROGRAM IN ACADEMICS, ATHLETICS, AND THE ARTS, ALL CENTERED IN A VIBRANT AND DIVERSE SCHOOL ENVIRONMENT. 40525868 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 104 0 1 506 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 20 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X KATHARINE WARDLE 8585697900 6501 LINDA VISTA ROAD SAN DIEGO CA 92111 KEVIN YALEY HEAD OF SCHOOL 40.00 X X 516154 0 104775 SUSAN LESTER BOARD CHAIR (LEFT 06/2022) 1.00 X X 0 0 0 KRISTIE DIAMOND SECRETARY 1.00 X X 0 0 0 JEANNETTE ALDOUS MD TRUSTEE 1.00 X 0 0 0 WILL BEAMER TRUSTEE 1.00 X 0 0 0 STEVE BJORG TRUSTEE (START 07/2021) 1.00 X 0 0 0 JING BOURGEOIS TRUSTEE 1.00 X 0 0 0 CARIN CANALE-THEAKSTON TRUSTEE 1.00 X 0 0 0 DIANA CASEY TRUSTEE 1.00 X 0 0 0 ANA CHAPMAN TRUSTEE 1.00 X 0 0 0 RANDALL CLARK TRUSTEE 1.00 X 0 0 0 ESTELA DE LLANOS TRUSTEE 1.00 X 0 0 0 GRAEME GABRIEL TRUSTEE 1.00 X 0 0 0 MARVIN GUNN TRUSTEE (START 07/2021) 1.00 X 0 0 0 ROBERT HOWARD TRUSTEE 1.00 X 0 0 0 ERIK KESKINEN TRUSTEE (START 07/2021) 1.00 X 0 0 0 TED KIM TRUSTEE 1.00 X 0 0 0 SAMIR SINGH TRUSTEE 1.00 X 0 0 0 KATE DEELY SMITH TRUSTEE 1.00 X 0 0 0 MEGHAN SPIEKER TRUSTEE 1.00 X 0 0 0 VOLTAIRE STERLING TRUSTEE (START 07/2021) 1.00 X 0 0 0 KATHARINE WARDLE CFO 40.00 X 236948 0 20671 SHARA E FREEMAN ASST HOS FOR EXTERNAL RELATIONS 40.00 X 217066 0 24097 CARRIE DILMORE ASST HEAD OF UPPER SCHOOL 40.00 X 138563 0 19094 CATHY LEE DIRECTOR OF FINANCE 40.00 X 145194 0 19031 FRANCIS DANIEL LANG ASST HEAD OF SCHOOL JK-12 STRATEGIC INITIATIVES 40.00 X 173944 0 21908 ANTHONY THOMAS DIRECTOR OF ATHLETICS 40.00 X 164512 0 15650 1592381 0 225226 47 0 1 0 CULINART GROUP INC PO BOX 50196 LOS ANGELES CA 900740196 FOOD SERVICES 1041966 PROFESSIONAL MAINTENANCE SYSTEMS INC PO BOX 80038 SAN DIEGO CA 92138 HOUSEKEEPING SERVICES 538566 KNOWING TECHNOLOGIES LLC 1528 S EL CAMINO REAL STE 307 SAN MATEO CA 94402 TECHNOLOGY CONSULTING 278593 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 31001-2374 PASADENA CA 911102374 SECURITY SERVICES 276226 WEST COAST GENERAL BUILDING CONTRACTORS 1268 MORENA BLVD SAN DIEGO CA 92110 CONSTRUCTION 131334 8 1418191 240647 8121620 287396 9780458 TUITION AND FEES 611710 43904450 43904450 SUMMER SCHOOL 611710 1510516 1510516 STUDENT SUPPORT SVCS 611710 721027 721027 ATHLETIC EVENTS 611710 8614 8614 46144607 1520982 1520982 44706 0 44706 44706 44706 380400 1418191 198328 182072 182072 OTHER REVENUE 900099 14726 14726 14726 57687551 46144607 0 1762486 7430352 7430352 918654 168327 576357 173970 20639828 16901407 3110233 628188 1012694 812566 166238 33890 2106132 1656722 369801 79609 1541055 1204882 276519 59654 1475526 1475526 60463 60463 59603 59603 183544 165966 17578 101776 72064 29712 29614 27667 1947 791401 756455 29617 5329 2663288 2603189 41179 18920 296 296 299261 212918 86343 1607367 1571095 24853 11419 3500007 3421027 54116 24864 329336 304004 25332 INSTRUCTION 1274425 1274425 ATHLETICS 512098 512098 HOSPITALITY AND EVENTS 378802 146671 104109 128022 ADMISSIONS 70190 70190 1997787 1825771 162623 9393 48983499 40525868 7150201 1307430 1415476 2199009 27699911 20430723 5809436 4951620 28298255 32542107 417892 399690 119834152 45051702 76266674 74782450 43338891 51945947 7207308 7657274 190453843 194908820 4121777 5300463 37963185 40459638 49599567 49131079 91684529 94891180 X 42963130 42009689 55806184 58007951 98769314 100017640 190453843 194908820 X 8704052 -6680739 -774987 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50220508 923158 -5069951 1217000 44856715 39458009 1200584 10684915 1123000 50220508 33124663 7910328 -574982 1002000 39458009 31482555 1485175 1073933 917000 33124663 27791808 2568742 1930005 808000 31482555 0.08130 0.69059 0.22811 0 0 540155 540155 108355635 38625139 69730496 6219219 4814852 1404367 4719143 1611711 3107432 74782450 X 42801473 -6680739 -8205339 -14886078 57687551 0 57687551 41553147 0 41553147 7430352 7430352 48983499 PART V, LINE 4: THE SCHOOL MAKES APPROPRIATIONS FROM ITS ENDOWMENT IN ACCORDANCE WITH DONOR IMPOSED RESTRICTIONS. THE PURPOSES REQUIRED BY THE DONORS INCLUDE FINANCIAL ASSISTANCE, PROFESSIONAL DEVELOPMENT, CURRICULUM DEVELOPMENT, AND OTHER PROGRAM SUPPORT. PART X, LINE 2: THE SCHOOL IS A QUALIFIED NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME AND CALIFORNIA FRANCHISE TAXES UNDER THE PROVISIONS OF SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2022, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIP AND FINANCIAL ASSISTANCE -7,430,352. LOSS ON DEBT EXTINGUISHMENT -774,987. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP AND FINANCIAL ASSISTANCE 7,430,352. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLICIZES ITS RACIAL AND OTHER NON-DISCRIMINATION POLICIES ON THE HOMEPAGE OF ITS WEBSITE, ITS ENROLLMENT SOLICITATION MATERIALS, AND ITS ENROLLMENT APPLICATIONS AND RELATED FORMS IN A MANNER SO THAT ITS POLICIES ARE KNOWN TO THE GENERAL COMMUNITY IT SERVES. GALA 1798591 1418191 380400 84288 2700 111340 1798591 1418191 380400 84288 2700 111340 198328 182072 1 EDUCATIONAL SCHOLARSHIPS AND FINANCIAL ASSISTANCE 313 7396607 FMV DIRECT CREDIT TO STUDENT TUITION ACCOUNT FINANCIAL ASSISTANCE 66 33745 PART I, LINE 2: EDUCATIONAL SCHOLARSHIPS AND FINANCIAL AID ARE APPLIED AGAINST TUITION AND OTHER RELATED CHARGES ON THE STUDENTS' ACCOUNTS. INDIVIDUAL ACCOUNTS AND THE STUDENT BILLING SYSTEM AS A WHOLE ARE RECONCILED ON A REGULAR BASIS. X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 KEVIN YALEY HEAD OF SCHOOL 515740 0 0 0 414 0 21750 0 83025 0 620929 0 0 0 KATHARINE WARDLE CFO 236174 0 0 0 774 0 12046 0 8625 0 257619 0 0 0 SHARA E FREEMAN ASST HOS FOR EXTERNAL RELATIONS 216886 0 0 0 180 0 15472 0 8625 0 241163 0 0 0 FRANCIS DANIEL LANG ASST HEAD OF SCHOOL JK-12 STRATEGIC 173593 0 0 0 351 0 13283 0 8625 0 195852 0 0 0 ANTHONY THOMAS DIRECTOR OF ATHLETICS 163188 0 0 0 1324 0 7025 0 8625 0 180162 0 0 0 CATHY LEE DIRECTOR OF FINANCE 137994 0 5000 0 2200 0 10406 0 8625 0 164225 0 0 0 CARRIE DILMORE ASST HEAD OF UPPER SCHOOL 132417 0 5000 0 1146 0 10469 0 8625 0 157657 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL RESIDES IN A SCHOOL-OWNED RESIDENCE AS A CONDITION OF EMPLOYMENT. THE APPROXIMATE VALUE IS $6,200/MONTH, FOR A TOTAL OF $74,400 FOR THE TAX YEAR. THIS AMOUNT IS INCLUDED IN NONTAXABLE BENEFITS FOR THE HEAD OF SCHOOL. PART I, LINE 7 BONUSES ARE A DISCRETIONARY ADD-ON TO REGULAR SALARY, AND PROVIDED IN RECOGNITION OF AN EMPLOYEE'S EXTRA-EFFORTS OR EXCEPTIONAL PERFORMANCE. A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 2022-04-26 50076867 SERIES A LOAN TO REPAY PRIOR OBLIGATIONS 0 0 0 A 72529 50076867 677663 49399204 2022 1 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 0 0 0 0 A 0 X 5 287396 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS ABOVE REFERS TO THE NUMBER OF DONORS, NOT THE NUMBER OF ITEMS DONATED. FORM 990, PART VI, SECTION A, LINE 7A NOMINATIONS FOR ELECTION TO THE BOARD OF TRUSTEES ARE MADE THROUGH THE SCHOOL'S BOARD GOVERNANCE COMMITTEE. THE BOARD OF TRUSTEES ELECT TRUSTEES AT A MEETING OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B IN ACCORDANCE WITH THE SCHOOL'S BYLAWS, THE BOARD OF TRUSTEES HAS DELEGATED THE OVERSIGHT OF VARIOUS ITEMS TO THE AUDIT COMMITTEE. THESE ITEMS INCLUDE THE REVIEW AND APPROVAL OF AUDITED FINANCIALS STATEMENTS AND INFORMATION RETURNS. FOLLOWING THE AUDIT COMMITTEE'S APPROVAL, A COPY IS PROVIDED TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE INFORMATION RETURNS OF THE SCHOOL ARE PREPARED AND REVIEWED BY SCHOOL EMPLOYEES AND THE SCHOOL'S EXTERNAL AUDITORS. A DRAFT OF THE INFORMATION RETURNS IS THEN PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. THE AUDIT COMMITTEE'S QUESTIONS AND COMMENTS ARE ADDRESSED AND INCORPORATED, AND THE AUDIT COMMITTEE APPROVES THE INFORMATION RETURNS. FOLLOWING THE AUDIT COMMITTEE'S APPROVAL, A COPY OF THE INFORMATION RETURNS IS PROVIDED TO THE TRUSTEES. THE INFORMATION RETURNS ARE THEN FILED. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, MEMBERS OF THE BOARD OF TRUSTEES ARE REQUIRED TO READ AND SIGN A CONFLICT OF INTEREST STATEMENT IN WHICH EACH MEMBER EXPRESSLY ACKNOWLEDGES AN OBLIGATION AND RESPONSIBILITY TO: (A) CARRY OUT THEIR DUTIES AND EXERCISE ANY AUTHORITY FOR THE SOLE BENEFIT OF THE SCHOOL; (B) AVOID ANY CIRCUMSTANCE IN WHICH THE MEMBERS PERSONAL INTERESTS CONFLICT WITH THE INTEREST OF THE SCHOOL; AND (C) NOTIFY THE BOARD OF TRUSTEES IN THE EVENT THE MEMBER HAS A POTENTIAL CONFLICT OF INTEREST OR HAS KNOWLEDGE OF ANOTHER PERSON HAVING A POTENTIAL CONFLICT OF INTEREST. TRUSTEES WITH A CONFLICT ARE PRECLUDED, BY POLICY, FROM PARTICIPATING OR VOTING ON THE CONFLICTED TOPIC. IN ORDER TO BE EMPLOYED BY THE SCHOOL, NEW EMPLOYEES ARE REQUIRED TO ACKNOWLEDGE IN WRITING THAT THEY HAVE READ AND UNDERSTAND THE POLICIES IN THE SCHOOL'S EMPLOYEE HANDBOOK. INCLUDED IN THE SCHOOL'S EMPLOYEE HANDBOOK IS A CONFLICT OF INTEREST POLICY, WHICH PROHIBITS EMPLOYEES FROM ENGAGING IN ACTIVITIES THAT DIRECTLY COMPETE WITH THE BUSINESS OR INTERESTS OF THE SCHOOL. IN ADDITION, THE SCHOOL'S EMPLOYEE HANDBOOK INCLUDES A WHISTLEBLOWER POLICY, WHICH OUTLINES THE SCHOOL'S PROCESS FOR REPORTING ANY SUSPECTED VIOLATIONS OF SCHOOL POLICY AND PROVIDES ASSURANCE THAT ANY EMPLOYEE WHO REPORTS A POTENTIAL VIOLATION WILL NOT BE SUBJECT TO RETALIATION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE HEAD OF SCHOOL IS SET BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE COMPENSATION COMMITTEE CONSIDERS COMPENSATION REPORTS AND OTHER INFORMATION FROM NATIONAL, REGIONAL, AND LOCAL SURVEYS PREPARED BY INDEPENDENT PARTIES FOR COMPARABLE POSITIONS WHEN DETERMINING THE HEAD OF SCHOOL'S COMPENSATION. THE APPROVED COMPENSATION PLAN FOR THE HEAD OF SCHOOL IS DOCUMENTED IN AN EMPLOYMENT AGREEMENT WHICH IS APPROVED BY THE BOARD OF TRUSTEES. THE COMPENSATION COMMITTEE LAST REVIEWED THIS COMPENSATION PLAN IN APRIL 2022. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS SET BY THE HEAD OF SCHOOL WITH INPUT FROM THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE HEAD OF SCHOOL CONSIDERS COMPENSATION REPORTS AND OTHER INFORMATION FROM NATIONAL, REGIONAL, AND LOCAL COMPENSATION SURVEYS FOR COMPARABLE POSITIONS WHEN DETERMINING COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES. THE HEAD OF SCHOOL REVIEWS THIS INFORMATION WITH THE COMPENSATION COMMITTEE BEFORE FINALIZING THE COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES. THE COMPENSATION FOR ALL OFFICERS AND KEY EMPLOYEES IS DOCUMENTED IN EMPLOYMENT LETTERS. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS ON EXTINGUISHMENT OF DEBT -774,987. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. CHARITABLE REMAINDER TRUST (1) TRUST CA N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0