2018-05-15T07:45:05-07:00 2017-06-30 Ryan & McDonald LLP 913 Blanco Circle Salinas CA 93901 990 2016-07-01 941218745 ROBERT LOUIS STEVENSON SCHOOL ROBE 8316258300 3152 FOREST LAKE ROAD PEBBLE BEACH CA 93953 EDWARD DIYANNI CFO 2018-05-14 true Jonathan D Ryan P00089327 8317846000 2016 2022-09-23 18:48:47Z 46680918 false false X www.stevensonschool.org X 1952 CA STEVENSON IS AN INDEPENDENT, CO-EDUCATIONAL, NONDENOMINATIONAL PRE-K TO 12 BOARDING & DAY SCHOOL COMMITTED TO THREE AIMS:(1)TO PREPARE STUDENTS FOR SUCCESS IN COLLEGE AND BEYOND,(2) TO CREATE AND FOSTER A LOVE OF LEARNING, AND (3) TO HELP THEM SHAPE A JOYFUL LIFE. 21 21 362 200 57884 53415 2830166 2823503 31161420 31837133 892067 1013842 834814 848379 35718467 36522857 5853563 7031374 0 17351234 17605601 69002 33708 1506440 11378679 12362912 34652478 37033595 1065989 -510738 113751357 114168855 36076202 34858683 77675155 79310172 STEVENSON IS AN INDEPENDENT, CO-EDUCATIONAL, NONDENOMINATIONAL PRE-K TO 12 BOARDING & DAY SCHOOL COMMITTED TO THREE AIMS:(1)TO PREPARE STUDENTS FOR SUCCESS IN COLLEGE AND BEYOND,(2) TO CREATE AND FOSTER A LOVE OF LEARNING, AND (3) TO HELP THEM SHAPE A JOYFUL LIFE. false false 26257513 7031374 33646222 GRADE LEVELS - PRE-K THROUGH 12 26257513 true true false false false false false true false true true false false true true false true false true false false false true true false false false false true true true false false false false false false false false true true true false false false false false false false false false true 106 0 true 362 true true true false false false false false false 0 false false false false false false false false false false X 21 21 false false false false false false false true true false false true true true true true true true true false X ROBERT LOUIS STEVENSON SCHOOL 8316258300 3152 FOREST LAKE PEBBLE BEACH CA 93953 STEFANIE SKINNER TRUSTEE 0.00 0.00 X 0 0 0 DOUG OTTO Trustee 0.00 0.00 X 0 0 0 STEVEN C ZAHM TRUSTEE 0.00 0.00 X 0 0 0 CYNTHIA B CHAPMAN Secretary 0.00 0.00 X 0 0 0 MARK R HORNBERGER Chairman 0.00 0.00 X 0 0 0 WILLIAM L PEROCCHI Trustee 0.00 0.00 X 0 0 0 ROGER STEPHENS Trustee 0.00 0.00 X 0 0 0 DON L DORMER Trustee 0.00 0.00 X 0 0 0 MARY K ABERCROMBIE Trustee 0.00 0.00 X 0 0 0 TED BALESTRERI Trustee 0.00 0.00 X 0 0 0 DR MICHAEL L JACKSON Trustee 0.00 0.00 X 0 0 0 DAVID S ROSEN TREASURER 0.00 0.00 X 0 0 0 WILLIAM JG GRIFFITH IV TRUSTEE 0.00 0.00 X 0 0 0 DR KEVIN M HICKS PRESIDENT 40.00 0.00 X X 484308 0 110968 JOHN C STEELE TRUSTEE 0.00 0.00 X 0 0 0 W BREWSTER ELY IV Trustee 0.00 0.00 X 0 0 0 VINCENT W H MA Trustee 0.00 0.00 X 0 0 0 STEVEN A MERKSAMER Trustee 0.00 0.00 X 0 0 0 RICHARD MING HSING TSAI Trustee 0.00 0.00 X 0 0 0 CHRISTOPHER P BAUMGART Trustee 0.00 0.00 X 0 0 0 DAVID D COLBURN Trustee 0.00 0.00 X 0 0 0 THOMAS F MORAN Trustee 0.00 0.00 X 0 0 0 EDWARD DIYANNI CFO 40.00 0.00 X 256253 0 94795 MOLLY BUNNELL-BOZZO CARMEL CAMPUS HEAD 40.00 0.00 X 181881 0 109576 AMY ELMORE DIR OF DEVELOPMENT 40.00 0.00 X 125792 0 40622 ERIK OLSON DEAN OF STUDENTS 40.00 0.00 X 154097 0 94517 ALLYN WENZEL DIR OF TECHNOLOGY 40.00 0.00 X 124415 0 59587 RONALD PROVOST FACULTY 40.00 0.00 X 114146 0 21930 ERICA HERRO DIR OF CURRICULUM 40.00 0.00 X 115052 0 95402 1555944 627397 18 false true false SAVORY SERVICES INC 3152 FOREST LAKE ROAD PEBBLE BEACH CA 93953 FOOD SERVICES 2230064 ME SOUZA CONSTRUCTION INC PO BOX 1882 MONTEREY CA 93942 CONSTRUCTION 450543 FENTON & KELLER PO BOX 791 MONTEREY CA 939420791 LEGAL 296890 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 31001-2374 PASADENA CA 911102374 SECURITY 198550 CARNEY SANDOE & ASSOCIATES 5070 N HWY A1A 260 VERO BEACH FL 329639942 RECRUITING FIRM 155784 9 2823503 301851 2823503 TUITION, ROOM, & BOARD 31837133 31837133 31837133 817697 817697 0 444 444 525130 237674 287456 287456 287456 10116532 9920387 196145 196145 196145 0 0 0 JUNIOR CAMP INCOME 72671 72671 SUMMER SESSION 123589 123589 TRANSPORTATION 207847 207847 156372 98488 57884 560479 36522857 33641470 57884 0 6931574 6931574 99800 99800 0 916700 777500 139200 0 12707283 8408752 3546397 752134 1238224 819590 332331 86303 1775483 1152986 544671 77826 967911 627257 284865 55789 0 0 0 0 33708 33708 0 18680 18680 0 0 0 0 0 1754 1754 0 0 964467 964467 0 2783219 2783219 648311 648311 FOOD SERVICES 1813298 1813298 INSTRUCTIONAL 1237387 1237387 UTILITIES 913032 913032 CONTRACT SERVICES 603897 603897 3378867 506151 2512990 359726 37033595 26257513 9269642 1506440 0 2500289 1099812 2203824 2064388 615277 431071 0 0 0 0 2146657 1968611 96761403 37154634 60035878 59606769 33822188 37950525 5812856 4458553 0 0 6614388 6589126 113751357 114168855 344661 484910 28300000 28277983 7431541 6095790 36076202 34858683 X 56244254 56538687 8334414 9451465 13096487 13320020 77675155 79310172 113751357 114168855 X -510738 2302789 28945 -185979 X X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false 22819120 198795 1836005 602440 24251480 22327056 906394 254791 669121 22819120 19930589 2770858 163544 537935 22327056 17695313 389526 2396239 550489 19930589 15609407 1139759 1389820 443673 17695313 0.13050 0.54920 0.32030 true false false 6638792 6638792 70916456 26019742 44896714 7971488 3347478 4624010 6611736 4837427 1774309 4622931 2949987 1672944 59606769 REAL ESTATE INVESTMENT TRUSTS 1365970 F INTEREST IN CHARITABLE REMAINDER TRUST 4056434 6589126 ACCRUED LEGAL EXPENSE 100000 AGENCY FUNDS 141002 DEFERRED COMPENSATION 65479 DEFERRED INCOME 858653 DEPOSITS 4811713 SALARIES & RELATED EXP'S. 118943 6095790 38710154 2302789 28945 579 2332313 36377841 145016 145016 36522857 37075137 107000 107000 36968137 65458 65458 37033595 Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o THE ART AND RARE BOOKS COLLECTION IS USED FOR DECORATION IN KEY BUILDINGS AROUND CAMPUS AND TO FURTHER STUDENTS AND THE COMMUNITY'S KNOWLEDGE AND APPRECIATION OF THE CULTURE, HISTORY AND TRADITIONS OF THE SCHOOL, ITS NAMESAKE AND THE GEOGRAPHIC AREA IN WHICH IT IS LOCATED. Part V, Line 4: Intended uses of the endowment fund. THE SCHOOL'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING FINANCIAL AID, FACULTY ENRICHMENT, AND GENERAL OPERATIONS. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 UNREALIZED GAIN IN CHARITABLE REM TRUST $0 TAX TO BOOK DIFF-VIA VIII SCH K-1 $579 Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S TAX TO BOOK DIFF-VIA VI SCH K-1 $89116 TAX TO BOOK DIFF-VIA VII SCH K-1 $24626 N/D FEDERAL INCOME TAX $6012 UNREALIZED LOSS IN CHARITABLE REM TRUST $25262 Part XII, Line 2d: Other expenses and losses per audited F/S CHG IN ALLOWANCE FOR DOUBTFUL ACCOUNTS $107000 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S SCHEDULE K-1 PASS-THROUGH EXPENSES $65458 true true true true true true true false false false false false false false false false false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race true NONCASH FINANCIAL AID EAST ASIA/PACIFIC 2 74800 REDUCTION IN TUITION FMV NONCASH FINANCIAL AID UNITED KINGDOM 1 25000 REDUCTION IN TUITION FMV false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US FINANCIAL AID IS AVAILABLE TO ALL STUDENTS WHO ATTEND STEVENSON SCHOOL. FINANCIAL AID GRANTS ARE AWARDED ON THE BASIS OF FINANCIAL NEED. THE SCHOOL'S DIRECTOR OF ADMISSION WORKS CLOSELY WITH THE DIRECTOR OF FINANCIAL AID TO ENSURE ALL FINANCIAL AID GRANTS, WHETHER TO STUDENTS LIVING WITHIN OR OUTSIDE THE U.S., ARE AWARDED IN A FAIR AND EQUITABLE MANNER. CAREFUL REVIEW OF RELEVANT AND AVAILABLE FINANCIAL RECORDS AND DOCUMENTS IS AN INTEGRAL PART OF THIS PROCESS. IN THE FISCAL YEAR ENDING JUNE 30, 2017, THREE STUDENTS LIVING OUTSIDE OF THE U.S. WERE AWARDED FINANCIAL AID TOTALING $99,800 OR APPROXIMATELY 1.4% OF THE TOTAL AMOUNT AWARDED OF $7 MILLION. THE SCHOOL'S CHIEF FINANCIAL OFFICER ALSO MONITORS FINANCIAL AID AWARDS BY REGION AND IN TOTAL FOR REASONABLENESS AND CONSISTENCY WITH THE SCHOOL'S OPERATING BUDGET. Part III, Line 1 - Estimated Number of Recipients 3 X X X X X true BOB CARTER CO 400 MADISON DR SARASOTA FL 34236 FUNDRAISING false 33708 false 33708 true 0 0 FINANCIAL AID 260 6931574 FMV FINANCIAL AID X X true true X X X X X X false false false false false false false false false false ALLYN WENZEL DIR OF TECHNOLOGY 124415 14613 44974 184002 AMY ELMORE DIR OF DEVELOPMENT 115792 9800 200 13035 27587 166414 DR KEVIN M HICKS PRESIDENT 441308 25000 18000 7950 103018 595276 EDWARD DIYANNI CFO 256253 39150 55645 351048 ERICA HERRO DIR OF CURRICULUM 115052 13606 81796 210454 ERIK OLSON DEAN OF STUDENTS 144897 2500 6700 15950 78567 248614 MOLLY BUNNELL-BOZZO CARMEL CAMPUS HEAD 175181 6700 19442 90134 291457 Part I, Line 1a: Relevant information in regards to selections on 1a. A CA ENTERPRISE DEVELOP AUT 352273601 2016-09-22 14250000 CURR REFNDING ISSUE 2001,2011 false false false B CA ENTERPRISE DEVELOP AUT 352273601 2016-09-22 14250000 CURR REFNDING ISSUE 2001,2011 false false false A 14250000 100000 true false true true B 14250000 100000 true false true true A false false false false false false true B false false false false false false true A false false false true true 7.0000 false false false false true B false false false true true 7.0000 false false false false true A true B true Part VI 2016 BONDS ISSUED FOR CURRENT TOTAL REFUNDING OF 2001 AND 2011 BONDS CORNELIA HOLDEN FAMILY MEMBER 65000 CONSULTING SERVICES false CORNELIA HOLDEN FAMILY MEMBER 87200 WAGE COMPENSATION false Schedule L, Part V Supplemental Information CORNELIA HOLDEN dba MINDFUL WARRIOR LLC X 10 279364 X SPONSOR RECEPTION 1 5000 PURCHASE X SUPPLIES 1 10000 PURCHASE X PLANTS/RIVER ROCK 1 7487 PURCHASE false true true Part I, Line 32, Hire and Use of Third Parties THE SCHOOL USES A STOCKBROKER TO SELL NON-CASH CONTRIBUTIONS OF STOCK CONTRIBUTED TO THE SCHOOL. Form 990, Part VI, Line 11b: Form 990 Review Process THE ORGANIZATION'S FORM 990 WAS PREPARED BY PROFESSIONAL, INDEPENDENT ACCOUNTANTS. THE BOARD OF TRUSTEES DELEGATED THE REVIEW OF FORM 990 TO THE AUDIT COMMITTEE, MEMBERS OF WHICH HAVE PRACTICAL AND/OR PROFESSIONAL EXPERTISE IN NONPROFIT MANAGEMENT, ACCOUNTING, AND FEDERAL TAX LAW GOVERNING EXEMPT ORGANIZATIONS. THIS COMMITTEE REVIEWED THE FORM 990 PREPARED BY THE ORGANIZATION'S PROFESSIONAL, INDEPENDENT ACCOUNTANTS. PRIOR TO THE ORGANIZATION SUBMITTING FORM 990 TO THE IRS, THE COMMITTEE REPORTED TO THE BOARD OF TRUSTEES THAT THE COMMITTEE HAD, TO THE BEST OF ITS ABILITY, DETERMINED THAT THE FORM 990 WAS COMPLETE, ACCURATE AND CORRECT, AND A COPY OF THE RETURN WAS PROVIDED FOR EACH BOARD MEMBER. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts THE AMENDED AND RESTATED BYLAWS OF THE CORPORATION (APPROVED 10/10/2008) AT ARTICLE IX, SECTION 4 PROVIDE: "NO TRUSTEE OF THIS CORPORATION NOR ANY OTHER CORPORATION, FIRM, ASSOCIATION, OR OTHER ENTITY IN WHICH ONE OR MORE OF THIS CORPORATION'S TRUSTEES ARE DIRECTORS, OFFICERS OR HAVE A MATERIAL FINANCIAL INTEREST, SHALL BE INTERESTED, DIRECTLY OR INDIRECTLY, IN ANY CONTRACT OR TRANSACTION WITH THIS CORPORATION, UNLESS (A) THE MATERIAL FACTS REGARDING THAT TRUSTEE'S FINANCIAL INTEREST IN SUCH CONTRACT OR TRANSACTION OR REGARDING SUCH COMMON DIRECTOR RELATIONSHIP OR OFFICER RELATIONSHIP ARE FULLY DISCLOSED IN GOOD FAITH AND NOTED IN THE MINUTES, OR ARE KNOWN TO ALL MEMBERS OF THE BOARD PRIOR TO THE BOARD'S CONSIDERATION OF SUCH CONTRACT OR TRANSACTION; (B) SUCH CONTRACT OR TRANSACTION IS AUTHORIZED IN GOOD FAITH BY A MAJORITY OF THE BOARD BY A VOTE SUFFICIENT FOR THAT PURPOSE WITHOUT COUNTING THE VOTES OF THE INTERESTED TRUSTEES; (C) BEFORE AUTHORIZING OR APPROVING THE TRANSACTION, THE BOARD CONSIDERS AND IN GOOD FAITH DECIDES AFTER REASONABLE INVESTIGATION THAT THE CORPORATION COULD NOT OBTAIN A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORT UNDER THE CIRCUMSTANCES; AND (D) THE CORPORATION FOR ITS OWN BENEFIT ENTERS INTO THE TRANSACTION, WHICH IS FAIR AND REASONABLE TO THE CORPORATION AT THE TIME THE TRANSACTION IS ENTERED INTO."EACH OF THE REQUIREMENTS RELATED TO BOARD DISCLOSURE, AUTHORIZATION, INVESTIGATION AND BENEFIT ANALYSIS AS DESCRIBED IN THE FOREGOING BYLAW PROVISION ARE COMPLIED WITH IN ALL INSTANCES REGARDING CONFLICTS OF INTEREST AND PERMANENTLY NOTED IN THE MINUTES OF THE BOARD OF TRUSTEES. THE BUSINESS OFFICE MONITORS KEY PRINCIPALS AND PERSONNEL INVOLVED IN ALL CONTRACTS AND TRANSACTIONS ENTERED INTO BY THE SCHOOL. ANY SITUATIONS WHICH ARE OR MIGHT BE CONSIDERED A CONFLICT OF INTEREST ARE BROUGHT TO THE ATTENTION OF THE SCHOOL PRESIDENT, BOARD CHAIRMAN AND GENERAL COUNSEL FOR APPROPRIATE CONSIDERATION, DISPOSITION, DISCLOSURE AND APPROVAL IN ACCORDANCE WITH THE SCHOOL'S POLICIES AND PROCEDURES. EFFECTIVE FEBRUARY 18, 2011, THE BOARD OF TRUSTEES OF THE SCHOOL APPROVED A RESOLUTION PROHIBITING THE SCHOOL FROM ENTERING INTO ANY NEW TRANSACTIONS WITH TRUSTEES THEN SERVING IN OFFICE (AND CONCLUDING EXISTING TRANSACTIONS WITH TRUSTEES PRIOR TO 6-30-11) IN WHICH A TRUSTEE HOLDS ANY MATERIAL FINANCIAL INTEREST EXCEPT FOR COMPENSATION CONTRACTS AND TRANSACTIONS IN THE ORDINARY COURSE OF BUSINESS WITH EMPLOYEES OF THE SCHOOL WHO ARE ALSO TRUSTEES, CONTRACTS AND TRANSACTIONS IN WHICH SERVICES ARE PROVIDED TO THE SCHOOL WITHOUT ANY FEE PAID OR ECONOMIC BENEFIT PROVIDED IN RETURN AND PURCHASE AND LEASE AGREEMENTS FOR GOODS OR PROPERTY PROVIDED TO THE SCHOOL AT OR BELOW FAIR MARKET VALUE. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees 15A. THE COMPENSATION OF THE SCHOOL'S PRESIDENT IS REVIEWED ANNUALLY BY THE BOARD'S COMPENSATION COMMITTEE AND SUBMITTED FOR APPROVAL TO THE BOARD OF TRUSTEES. IN THIS REGARD, THE COMMITTEE REVIEWS THE SCHOOL'S PERFORMANCE IN KEY OPERATING AREAS AGAINST ESTABLISHED GOALS AND OBJECTIVES AND DISCUSSES THE RESULTS WITH THE SCHOOL'S CHIEF FINANCIAL OFFICER. IN ADDITION, THE COMMITTEE RECEIVES A "SAFE HARBOR LETTER" FROM AN INDEPENDENT AND HIGHLY REGARDED COMPENSATION EXPERT WHOSE DATABASE OF INFORMATION INCLUDES APPLICABLE COMPARABILITY DATA FOR OTHER PEER SCHOOLS. THE COMMITTEE ANALYZES AND DISCUSSES THIS DATA AS WELL AS THE SCHOOL'S OPERATING PERFORMANCE, DOCUMENTS THEIR CONCLUSIONS AND MAKES A RECOMMENDATION TO THE FULL BOARD AS TO THE PROPER LEVEL OF COMPENSATION FOR THE PRESIDENT.15B. COMPENSATION OF THE SCHOOL'S OTHER KEY EMPLOYEES (E.G. CHIEF FINANCIAL OFFICER, DIRECTOR OF ADVANCEMENT, DIRECTOR OF ADMISSION, HEADS OF UPPER AND LOWER SCHOOLS, ETC.,) IS DETERMINED BY THE SCHOOL PRESIDENT. IN MAKING HIS DECISION ON COMPENSATION, THE PRESIDENT UTILIZES BENCHMARK COMPENSATION DATA RECEIVED FROM INDEPENDENT ORGANIZATIONS SUCH AS THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS, ETC. HE ALSO REVIEWS COMPARATIVE COMPENSATION DATA RETRIEVED FROM FORM 990, SCHEDULE J FROM A COMPETETIVE SET OF APPOXIMATELY 30 PEER SCHOOLS. THIS INFORMATION HELPS HIM DETERMINE THE REASONABLENESS OF SALARY INCREASE RECOMMENDATIONS FOR THIS GROUP OF EMPLOYEES. LASTLY, HE THEN REVIEWS EACH EMPLOYEES PERFORMANCE AND MAKES A FINAL DETERMINATION. THE PRESIDENT ALSO REVIEWS COMPENSATION DATA FOR KEY SCHOOL EMPLOYEES WITH THE BOARD OF TRUSTEES. THE COMPENSATION COMMITTEE ALSO REVIEWS THIS DATA INDEPENDENTLY TO ENSURE THE FAIRNESS AND REASONABLENESS OF THE SCHOOL PRESIDENT'S SALARY INCREASE RECOMMENDATIONS. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THROUGH THE FORM 990. NO OTHER DOCUMENTS OR POLICIES ARE DISCLOSED. Other Changes In Net Assets Or Fund Balances - Other Decreases CHG IN ALLOWANCE FOR DOUBTFUL ACCOUNTS = -$107000 Other Changes In Net Assets Or Fund Balances - Other Decreases N/D FEDERAL INCOME TAX = -$6012 Other Changes In Net Assets Or Fund Balances - Other Decreases TAX TO BOOK DIFF FROM K-1 = -$47705 Other Changes In Net Assets Or Fund Balances - Other Decreases UNREALIZED LOSS IN CHARITABLE REMAINDER TRUST = -$25262