2020-03-13T18:54:17-05:00 2019-06-30 946214841 ARMANINO LLP 12657 ALCOSTA BLVD STE 500 SAN RAMON CA 945834600 990 2018-07-01 951875978 LA JOLLA COUNTRY DAY SCHOOL LAJO 8584533440 9490 GENESEE AVENUE LA JOLLA CA 92037 DAVID A SIGAL CFO CFO 8584533440 2020-03-10 1 KATY BROWN P00650274 9257902600 2020-03-10 38.111.205.16 2020-03-10 20:10:11 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 1BF88008A19D766D41DA0E3F00E89E8C5C027F9E 2018 2021-01-29 14:40:06Z DR GARY KRAHN 9490 GENESEE AVENUE LA JOLLA CA 92037 73341403 0 X WWW.LJCDS.ORG X 1926 CA TO PREPARE INDIVIDUALS FOR A LIFETIME OF INTELLECTUAL EXPLORATION AND PERSONAL GROWTH. 22 22 390 265 0 -20556 1991849 2040263 36971212 38047741 1281575 1596524 269999 89975 40514635 41774503 4580998 4613387 0 0 23532561 23833725 0 0 767851 11251437 11940606 39364996 40387718 1149639 1386785 99099425 102091318 53002478 55290956 46096947 46800362 LA JOLLA COUNTRY DAY SCHOOL PREPARES INDIVIDUALS FOR A LIFETIME OF INTELLECTUAL EXPLORATION, PERSONAL GROWTH AND SOCIAL RESPONSIBILITY. 0 0 34729196 4613387 37937830 LA JOLLA COUNTRY DAY SCHOOL PREPARES INDIVIDUALS FOR A LIFETIME OF INTELLECTUAL EXPLORATION, PERSONAL GROWTH AND SOCIAL RESPONSIBILITY WHILE INSPIRING GREATNESS FOR A BETTER WORLD. THESCHOOL HAS CAPACITY FOR 1,200 STUDENTS FROM NURSERY THROUGH 12TH GRADE. 34729196 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 149 0 1 390 1 1 1 0 0 0 0 1 1 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 CA X KELLY WHITE 8584533440 9409 REGENTS ROAD LA JOLLA CA 92037 CHRIS RICHEY PRESIDENT 1.00 X X 0 0 0 LUCY SMITH CONROY VP TRUSTEES 1.00 X X 0 0 0 CAMERON ROOKE SECRETARY (THRU 6/19) 1.00 X X 0 0 0 HAL DUNNING TREASURER 1.00 X X 0 0 0 KAREN ANDERSON TRUSTEE 1.00 X 0 0 0 YURIKO ANTON TRUSTEE (START 7/18) 1.00 X 0 0 0 LISA BICKER MARTIN TRUSTEE 1.00 X 0 0 0 JACK CHITAYAT TRUSTEE 1.00 X 0 0 0 REBECCA GAFFNEY TRUSTEE 1.00 X 0 0 0 ANGELA GLYNN TRUSTEE 1.00 X 0 0 0 DOUG HARRISON TRUSTEE (THRU 6/19) 1.00 X 0 0 0 MICHAEL HOFFMAN TRUSTEE (THRU 6/19) 1.00 X 0 0 0 RUSS HOLMES TRUSTEE 1.00 X 0 0 0 BOB KAIN TRUSTEE 1.00 X 0 0 0 JAMES KELLY TRUSTEE (START 7/18) 1.00 X 0 0 0 JIM KELLY TRUSTEE 1.00 X 0 0 0 DANA MEISELMAN TRUSTEE 1.00 X 0 0 0 AMY MISCHLER TRUSTEE (START 7/18) 1.00 X 0 0 0 JENNIFER O'BRIEN TRUSTEE (START 7/18) 1.00 X 0 0 0 TONY TORANTO TRUSTEE (START 7/18) 1.00 X 0 0 0 KEVIN WECHTER TRUSTEE 1.00 X 0 0 0 JING ZENG TRUSTEE (START 7/18) 1.00 X 0 0 0 GARY KRAHN HEAD OF SCHOOL 40.00 X 581450 0 31410 DAVID SIGAL CHIEF FINANCIAL OFFICER 40.00 X 259684 0 28045 MARK MARCUS ASST. HOS FOR OPERATIONS 40.00 X 249581 0 27556 JOSEPH COX HEAD OF UPPER SCHOOL 40.00 X 234925 0 26627 COLLEEN O'BOYLE ASST. HOS FOR ACADEMIC AFF 40.00 X 203467 0 25807 MATTHEW ABBONDANZIO ASST. HOS FOR DESIGN & INNOVATION 40.00 X 184694 0 23707 INEZ ODOM ASST. HOS FOR ENROLLMENT 40.00 X 158414 0 21685 JEFFREY HUTZLER DIR. ATHLETICS & PHYSICAL EDU 40.00 X 147536 0 20786 2019751 0 205623 46 0 1 0 SAGE DINING SERVICES INC 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 FOOD SERVICES 1060863 BRIGHTVIEW LANDSCAPE SERVICES 3630 SOLUTIONS CENTER DR CHICAGO IL 60677 LANDSCAPING SERVICES 358033 NATURALISTS AT LARGE PO BOX 3517 VENTURA CA 93006 OUTDOOR EDUCATION 208644 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 31001-2374 PASADENA CA 91110 SECURITY SERVICES 183498 SANDSTRAND SERVICES 4858 RONSON COURT SUITE B SAN DIEGO CA 92111 JANITORIAL SERVICES 178356 8 460995 1579268 30920 2040263 TUITION REVENUE 611600 36325882 36325882 AUXILIARY SERVICE FEES 611600 1523035 1523035 APPLICATION FEES 611600 104721 104721 SERVICE CHARGES 611600 94103 94103 38047741 1357714 1357714 96541 22047 74494 74494 74494 31654941 31414533 1598 240408 -1598 238810 238810 125552 460995 128722 -3170 -3170 OTHER INCOME 611600 18651 18651 18651 41774503 38047741 0 1686499 4613387 4613387 1190552 387819 737980 64753 17676644 15431803 1858432 386409 1226479 1027256 172471 26752 2369946 2067122 257784 45040 1370104 1147551 192668 29885 197771 197771 60422 60422 88850 88850 1447202 956173 481848 9181 38117 38117 3191867 2932083 196137 63647 341260 286721 46748 7791 545450 517787 23332 4331 209 42 146 21 63869 56212 7526 131 1768088 1605756 140231 22101 2958305 2808269 126544 23492 377454 326166 43961 7327 TRAINING 290941 268419 22307 215 OTHER EXPENSES 278329 84359 117370 76600 EQUIPMENT RENTAL 213444 212271 998 175 BAD DEBT EXPENSE 79028 79028 40387718 34729196 4890671 767851 920785 956610 16340522 9735763 12370 14245 164005 155503 14858 16058 451587 824073 80726455 33652503 48069668 47073952 31361536 41485152 1703663 1771179 60431 58783 99099425 102091318 1603483 2859793 10155446 10935355 26784125 25862932 8751688 8447185 5707736 7185691 53002478 55290956 X 39301401 39513150 3678093 4059605 3117453 3227607 46096947 46800362 99099425 102091318 X 1386785 796233 -1479603 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29190088 163733 1837653 548903 30642571 27135651 401172 2178842 525577 29190088 24274322 386678 2894268 419617 27135651 23782250 1502638 -223555 787011 24274322 25240998 482527 808062 2749337 23782250 0.84290 0.10530 0.05180 1 0 9906179 9906179 63742660 29214921 34527739 5799811 4437582 1362229 1277805 1277805 47073952 INTEREST RATE SWAP 7185691 7185691 X 36519083 796233 1465 -6092990 -5295292 41814375 88850 -128722 -39872 41774503 35815668 1465 -4613387 -4611922 40427590 88850 -128722 -39872 40387718 PART V, LINE 4: BOARD DESIGNATED ENDOWMENT FUNDS ARE USED AT THE DISCRETION OF THE BOARD, AND MAY VARY FROM TIME-TO-TIME. INTEREST AND DIVIDENDS EARNED ON DONOR-RESTRICTED ENDOWMENT FUNDS ARE USED FOR THE PURPOSE STIPULATED BY THE DONORS. THE SCHOOL HAS ENACTED A POLICY OF SPENDING PRINCIPAL OR PRINCIPAL APPRECIATION OF THE FUNDS (ABSENT DONOR REQUIREMENTS TO THE CONTRARY). PART X, LINE 2: THE SCHOOL IS A QUALIFIED SCHOOL 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 MANAGEMENT HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2019, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST -1,648. CHANGE IN VALUE OF INTEREST RATE SWAPS -1,477,955. TUITION ASSISTANCE -4,613,387. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES -128,722. PART XII, LINE 2D - OTHER ADJUSTMENTS: TUITION ASSISTANCE -4,613,387. PART XII, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES -128,722. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NOTICE OF NONDISCRIMINATORY POLICY WAS ADVERTISED IN THE SAN DIEGO UNION TRIBUNE ON MAY 30, 2019. ANNUAL GALA 586547 460995 125552 68297 5500 54925 586547 460995 125552 68297 5500 54925 128722 -3170 1 FINANCIAL AID 208 4595203 FMV DIRECT CREDIT TO STUDENT ACCOUNT FINANCIAL AID 21 18184 ACTUAL RECEIPT COMPUTER REIMBURSEMENT FOR BYOD PART I, LINE 2: ALL FINANCIAL ASSISTANCE IS TREATED AS A DIRECT CREDIT TO THE STUDENT ACCOUNT PROGRAM EXCEPT FOR OUR BRING YOUR OWN DEVICE PROGRAM. UNDER THIS PROGRAM, WE ASK THE FAMILIES TO PURCHASE THEIR OWN LAPTOPS FOR THE STUDENTS TO USE. THE FAMILIES PROVIDE DETAILED RECEIPT TO THE SCHOOL. THE SCHOOL WILL THEN REIMBURSE THE PARENTS THE SAME PERCENTAGE THEY RECEIVE IN ASSISTANCE FOR THE LAPTOP UP TO $1,000. X X 1 1 X X X X 0 1 0 0 0 0 0 1 0 GARY KRAHN HEAD OF SCHOOL 426044 0 50000 0 105406 0 21000 0 10410 0 612860 0 0 0 DAVID SIGAL CHIEF FINANCIAL OFFICER 237677 0 20000 0 2007 0 18042 0 10003 0 287729 0 0 0 MARK MARCUS ASST. HOS FOR OPERATIONS 217675 0 0 0 31906 0 17713 0 9843 0 277137 0 0 0 JOSEPH COX HEAD OF UPPER SCHOOL 198214 0 20000 0 16711 0 14873 0 11754 0 261552 0 0 0 COLLEEN O'BOYLE ASST. HOS FOR ACADEMIC AFF 187214 0 15000 0 1253 0 14048 0 11759 0 229274 0 0 0 MATTHEW ABBONDANZIO ASST. HOS FOR DESIGN & INNOVATION 184487 0 0 0 207 0 13844 0 9863 0 208401 0 0 0 INEZ ODOM ASST. HOS FOR ENROLLMENT 156915 0 0 0 1499 0 11859 0 9826 0 180099 0 0 0 JEFFREY HUTZLER DIR. ATHLETICS & PHYSICAL EDU 146088 0 0 0 1448 0 10957 0 9829 0 168322 0 0 0 PART I, LINE 1A THE CURRENT HEAD OF SCHOOL'S SPOUSE OCCASIONALLY ACCOMPANIES THE HEAD OF SCHOOL ON BUSINESS TRIPS (WHEN DEEMED APPROPRIATE), THE VALUE OF WHICH IS REPORTED AS TAXABLE COMPENSATION ON THE CURRENT HEAD OF SCHOOL'S FORM W-2, WHEN REQUIRED. AS PART OF THE HEAD OF SCHOOL'S EMPLOYMENT CONTRACT, THE SCHOOL PROVIDES HIM/HER WITH A HOUSING ALLOWANCE WHICH IS REPORTED AS TAXABLE COMPENSATION ON FORM W-2. PART I, LINE 4B OFFICERS AND KEY EMPLOYEES OF THE SCHOOL CAN OPT IN TO A NON-QUALIFIED RETIREMENT PLAN. DURING THE TAX YEAR ENDED JUNE 30, 2019 SELECT EMPLOYEES CONTRIBUTED $37,000 TO NON-QUALIFIED RETIREMENT PLANS. PART I, LINE 7 THE HEAD OF SCHOOL IS AUTHORIZED TO MAKE NON-FIXED BONUSES TO EMPLOYEES AT HIS/HER DISCRETION. A ABAG FINANCE AUTHORITY FOR NONPROFIT CORPORATIONS 943130123 00037CQQ6 2010-10-14 29850000 THE DATE OF ISSUANCE OF THE BONDS REFUNDED WERE 6/29/2006 AND 7/12/2007. 0 0 0 A 3987068 29850097 29850097 2010 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 1 1 1 0 0 1 1 A 1 SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: (A) ISSUER NAME: ABAG FINANCE AUTHORITY FOR NONPROFIT CORPORATIONS THE FINAL ARBITRAGE REBATE AND YIELD RESTRICTION COMPLIANCE REPORT WAS COMPLETED ON 1/27/2014. X 3 30920 FMV 0 0 1 0 PART I, COLUMN (B): THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTIONS MADE, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOL'S FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM BASED UPON INFORMATION PROVIDED BY THE SCHOOL. A COMPLETE COPY IS REVIEWED BY INTERNAL MANAGEMENT OF THE SCHOOL FOR ACCURACY AND COMPLETENESS. THE AUDIT COMMITTEE, WHICH HAS RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT, THEN REVIEWS THE COMPLETE FORM 990. THE LAST STEP IN THE REVIEW PROCESS, A COMPLETE COPY OF THE FORM 990 IS MADE AVAILABLE FOR VIEWING TO EACH VOTING MEMBER OF THE SCHOOL'S GOVERNING BODY VIA A PASSWORD-PROTECTED WEBSITE BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY HAVING AN ANNUAL WRITTEN CONFIRMATION BY ALL AFFECTED INDIVIDUALS WHO ARE INSTRUCTED TO NOTIFY THE SCHOOL OF ANY SUBSEQUENT CHANGES. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE SCHOOL'S HEAD OF SCHOOL AND OTHER KEY EMPLOYEES INVOLVES THE FOLLOWING: (1) IDENTIFICATION OF KEY EMPLOYEES, (2) REVIEW AND APPROVAL BY A SUBCOMMITTEE OF THE GOVERNING BODY AND THE BOARD OF TRUSTEES, (3) USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, AND (4) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST -1,648. CHANGE IN VALUE OF INTEREST RATE SWAPS -1,477,955. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.