2015-02-09T11:21:50-06:00 2014-06-30 946214841 ARMANINO LLP 12657 ALCOSTA BOULEVARD SUITE 500 SAN RAMON CA 945834600 990 2013-07-01 941492272 THE COLLEGE PREPARATORY SCHOOL COLL 5106520111 6100 BROADWAY OAKLAND CA 94618 ANNE BUCKLEY CHAIR OF BOARD OF TRUSTEES 5106520111 2015-02-05 1 LYNN HENLEY P00356034 9257902600 2013 2016-02-25 16:41:14Z JANE H CARNEY 6100 BROADWAY OAKLAND CA 94618 14946030 0 X WWW.COLLEGE-PREP.ORG X 1960 CA THE COLLEGE PREPARATORY SCHOOL PREPARES STUDENTS FOR COLLEGE AND UNIVERSITY STUDY AND FOR PRODUCTIVE, ETHICAL LIVES. 19 19 124 500 0 0 1581430 1442988 12360622 13078534 256231 295343 88839 53548 14287122 14870413 1885629 2050826 0 0 9071413 9174046 0 0 772181 2806202 3280811 13763244 14505683 523878 364730 39928539 43648732 6789027 7517774 33139512 36130958 X AT COLLEGE PREP WE BELIEVE IN THE FOUNDATIONAL IMPORTANCE OF SCHOLARSHIP, THE VALUE OF DIALOGUE, AND THE NEED FOR ACADEMICALLY CURIOUS YOUNG PEOPLE TO BELONG TO A KIND, CREATIVE, DIVERSE, AND JOYFUL COMMUNITY. WE CHALLENGE OUR STUDENTS TO ENGAGE DEEPLY IN LEARNING, APPRECIATE ONE ANOTHER, AND GROW INTO ADULTS WHO ARE INTELLECTUALLY ADVENTUROUS, ETHICALLY SURE-FOOTED, AND GENEROUS OF HEART AND SPIRIT. 0 0 11730088 2050826 13078534 THE COLLEGE PREPARATORY SCHOOL IS AN INDEPENDENT, CO-EDUCATIONAL DAY SCHOOL IN OAKLAND, CALIFORNIA, GRADES 9 THROUGH 12. FOR THE 2013-14 SCHOOL YEAR, THE COLLEGE PREPARATORY SCHOOL PROVIDED AN INSPIRING EDUCATION TO 363 STUDENTS, 50% OF WHOM WERE STUDENTS OF COLOR, AND 25% OF WHOM RECEIVED $2.0 MILLION IN NEED-BASED FINANCIAL AID.FOR THE 2013-14 SCHOOL YEAR, THE COLLEGE PREPARATORY SCHOOL GRADUATED AND MATRICULATED 100 SENIORS TO 9 PUBLIC UNIVERSITIES AND 44 PRIVATE UNIVERSITIES. 11730088 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 69 0 124 1 0 0 0 0 0 1 1 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 CA X THANH TRAN CONTROLLER 5104202344 6100 BROADWAY OAKLAND CA 94618 LAUREN ADAMS START 7012013 TRUSTEE 2.00 X 0 0 0 PETER AITELLI TRUSTEE, VICE CHAIR, SECRETARY 4.00 X X 0 0 0 BURT ALPER UNTIL 6302014 TRUSTEE 2.00 X 0 0 0 DICK ATKINSON START 7012013 TRUSTEE 2.00 X 0 0 0 TOM BEACH TRUSTEE 2.00 X 0 0 0 ANNE BUCKLEY TRUSTEE, CHAIR 4.00 X X 0 0 0 JIM CERVANTES TRUSTEE 2.00 X 0 0 0 TOM CHANG UNTIL 6302014 TRUSTEE 2.00 X 0 0 0 DUKE DAYAL TRUSTEE, TREASURER 4.00 X X 0 0 0 LEE DOUGLAS UNTIL 6302014 TRUSTEE 2.00 X 0 0 0 ROMEO GARCIA TRUSTEE 2.00 X 0 0 0 MARTHA GOODBAR TRUSTEE 2.00 X 0 0 0 HARRY HAIGOOD START 7012013 TRUSTEE 2.00 X 0 0 0 TREVA REID START 7012013 TRUSTEE 2.00 X 0 0 0 SPRECK ROSEKRANS TRUSTEE 2.00 X 0 0 0 SUSAN SASSON UNTIL 6302014 TRUSTEE 2.00 X 0 0 0 GEORGE SAUTER TRUSTEE 2.00 X 0 0 0 MARC SUGIYAMA TRUSTEE, VICE CHAIR 4.00 X X 0 0 0 CASEY WILSON 70113-6302014 TRUSTEE 2.00 X 0 0 0 MONIQUE DEVANE HEAD OF SCHOOL 60.00 X 386240 0 23508 JANE H CARNEY CHIEF FINANCIAL OFFICER 60.00 X 198400 0 20520 SHARONA BARZILAY ASSISTANT HEAD OF SCHOOL 40.00 X 146780 0 23724 SARA SACKNER DIRECTOR OF DEVELOPMENT 40.00 X 152250 0 13046 MARTIN BONILLA COLLEGE COUNSELOR 40.00 X 146400 0 17796 ANDREE KNUDSEN DEAN OF FACULTY/FACULTY 40.00 X 125192 0 16325 MARTA GINEBREDA FACULTY 40.00 X 119319 0 19760 1274581 0 134679 21 0 1 0 SODEXO DEPT 880328 LOS ANGELES CA 90088 MAINTENANCE AND CUSTODIAL 512847 BAY AREA BUILDERS 318 MARTIN AVENUE SANTA CLARA CA 95050 CONSTRUCTION 303812 PFAU LONG ARCHITECTURE LTD 98 JACK LONDON ALLEY SAN FRANCISCO CA 94107 ARCHITECTURE DESIGN 137616 3 174140 1268848 179631 1442988 TUITION AND FEES 611600 13067425 13067425 OTHER PROGRAM INCOME 611600 11109 11109 13078534 302331 302331 6988 -6988 -6988 -6988 122177 174140 68629 53548 53548 14870413 13078534 0 348891 2050826 2050826 686434 259818 311804 114812 6688484 5832145 426968 429371 429822 291093 138729 847633 568442 279191 521673 358431 163242 26453 26453 57115 57115 131059 68009 40936 22114 21718 21718 171813 58988 51833 60992 273818 243932 18996 10890 1028383 899352 89482 39549 52438 38751 4431 9256 249732 134192 74705 40835 662303 582827 52984 26492 167316 167316 SUPPLIES 172274 137245 28224 6805 MISCELLANEOUS 148936 114469 24522 9945 EQUIP. RENTAL & MAINT 62247 57050 5197 DUES AND SUBSCRIPTIONS 55206 34518 19568 1120 14505683 11730088 2003414 772181 2998377 8344753 4740162 1529292 972683 8411 238552 125555 18910245 6920302 10394083 11989943 18658632 22012810 754816 809202 39928539 43648732 1138961 778112 5650066 5783486 956176 6789027 7517774 X 13962884 14602418 5882345 7970135 13294283 13558405 33139512 36130958 39928539 43648732 364730 2626716 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16699447 262322 2876739 592919 19245589 14638383 237770 2366224 542930 16699447 14779540 368983 22655 532795 14638383 12020221 941351 2329323 511355 14779540 10129862 1138609 1231311 470620 12020221 0.71000 0.29000 0 0 95489 95489 17038241 5850847 11187394 1776515 1069455 707060 11989943 INVESTMENTS UNDER MANAGEMENT 22012810 F 22012810 X 15795055 2626716 451153 3077869 12717186 2153227 2153227 14870413 12734568 382112 382112 12352456 2153227 2153227 14505683 PART V, LINE 4: EACH ENDOWMENT FUND IS USED FOR ITS INTENDED PURPOSE AS STIPULATED IN THE GIFT INSTRUMENTS, INCLUDING FINANCIAL AID, IN SUPPORT OF THE DRAMA PROGRAM, IN SUPPORT OF THE DEBATE PROGRAM, IN SUPPORT OF FACULTY SALARIES, ETC. PART X, LINE 2: THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2014, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED ENTITY REVENUE 451,153. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 2,050,827. REVENUE ELIMINATED IN CONSOLIDATION 102,400. PART XII, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED ENTITY EXPENSE 382,112. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 2,050,827. EXPENSE ELIMINATED IN CONSOLIDATION 102,400. 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 PUBLISHES ITS NONDISCRIMINATORY POLICY ANNUALLY WITH CAL-ISBOA, THE INDEPENDENT SCHOOL BUSINESS OFFICERS' ASSOCIATION. DURING THE YEAR ENDED JUNE 30, 2014, THE POLICY WAS PUBLISHED IN THE SAN FRANCISCO CHRONICLE ON MAY 23, 2014. ANNUAL AUCTION 261681 174140 87541 6197 25871 29972 SCRIP & OTHER EVENTS 34636 34636 6589 296317 174140 122177 6197 25871 36561 68629 53548 1 FINANCIAL AID GRANTS 90 2050826 FMV PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS BY DIRECTLY APPLYING GRANTS TO TUITION OWED AND OTHER SCHOOL-RELATED EXPENSES SUCH AS BOOKS AND FIELD TRIPS. X 0 0 X X X 0 0 0 0 0 0 0 0 0 MONIQUE DEVANE HEAD OF SCHOOL 364090 0 22150 0 0 0 13038 0 10470 0 409748 0 0 0 JANE H CARNEY CHIEF FINANCIAL OFFICER 198400 0 0 0 0 0 10050 0 10470 0 218920 0 0 0 SHARONA BARZILAY ASSISTANT HEAD OF SCHOOL 146780 0 0 0 0 0 13254 0 10470 0 170504 0 0 0 SARA SACKNER DIRECTOR OF DEVELOPMENT 152250 0 0 0 0 0 2576 0 10470 0 165296 0 0 0 MARTIN BONILLA COLLEGE COUNSELOR 146400 0 0 0 0 0 7326 0 10470 0 164196 0 0 0 PART I, LINE 1A THE SCHOOL ENTERED INTO A 14-YEAR LOAN AGREEMENT IN DECEMBER 2013 TO FINANCE THE PURCHASE OF ITS HEAD OF SCHOOL HOUSE. THE LOAN HAD AN ORIGINAL PRINCIPAL BALANCE OF $1,050,000, BEARS INTEREST AT 4.25%, AND IS PAYABLE IN MONTHLY INSTALLMENTS OF $7,382 THROUGH DECEMBER 2028. AS OF JUNE 30, 2014, THE PRINCIPAL BALANCE OUTSTANDING ON THE LOAN IS $956,176. PURSUANT TO IRC 119(A)(2), AN EMPLOYEE MAY EXCLUDE THE VALUE OF HOUSING PROVIDED BY HIS/HER EMPLOYER IF THE REQUIREMENTS OF THAT SECTION ARE MET. TREAS. REG. 1.119-1(B)(3) INDICATES THAT LODGING WILL BE REGARDED AS A CONDITION OF EMPLOYMENT IF THE EMPLOYEE IS REQUIRED TO ACCEPT THE LODGING IN ORDER FOR THE EMPLOYEE TO PERFORM PROPERLY THE DUTIES OF HIS/HER EMPLOYMENT. LODGING WILL BE REGARDED AS FURNISHED IN ORDER FOR THE EMPLOYEE TO PERFORM PROPERLY THE DUTIES OF HIS/HER EMPLOYMENT WHEN, FOR EXAMPLE, THE LODGING IS FURNISHED BECAUSE THE EMPLOYEE IS REQUIRED TO BE AVAILABLE FOR DUTY AT ALL TIMES. COLLEGE PREPARATORY SCHOOL DOES NOT HAVE A NIGHT SECURITY SERVICE. IF ANYTHING HAPPENED AT THE SCHOOL AT NIGHT (OR DURING THE DAY), THE HEAD OF SCHOOL WOULD HAVE TO BE THERE TO DIRECT ANY RESPONSE. BECAUSE PART OF THE HEAD OF SCHOOL'S JOB IS TO BE AVAILABLE FOR THESE ACTIVITIES WHEN AND IF THEY OCCUR, IT IS THE SCHOOL'S POSITION THAT, IN ORDER TO DO HIS/HER JOB, THE HEAD OF SCHOOL MUST BE AVAILABLE AT ALL TIMES. THIS MEETS THE REQUIREMENT FOR THE EXCLUSION OF THE VALUE OF THE HOUSING FROM TAXABLE INCOME. X 10 83870 FMV X AUCTION ITEMS 257 76861 X MACHINERY & E 2 18900 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE COMMITTEE, CHIEF FINANCIAL OFFICER, CONTROLLER, HEAD OF SCHOOL, AND AUDIT COMMITTEE CHAIR, REVIEWED THE COMPLETED 990 WITH THE TAX PREPARERS. A LINK TO THE PUBLIC DISCLOSURE COPY OF THE 990 WAS SENT TO THE ENTIRE BOARD OF TRUSTEES AND WAS POSTED TO THE BOARD WEBSITE, WITH INSTRUCTIONS TO CONTACT THE CONTROLLER TO REVIEW THE SCHEDULE B. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY INCLUDES BOARD TRUSTEES AND KEY EMPLOYEES. IN GENERAL, WHEN CONDUCTING THE BUSINESS OF THE SCHOOL AND AWARDING GRANTS, A CONFLICT OF INTEREST WILL BE PRESUMED WHEN A TRUSTEE/KEY EMPLOYEE OR SOMEONE WITH WHOM THE TRUSTEE/KEY EMPLOYEE HAS A CLOSE RELATIONSHIP (A FAMILY MEMBER OR CLOSE COMPANION) SERVES AS A TRUSTEE, DIRECTOR, OFFICER, OR STOCKHOLDER OF AN AFFECTED ORGANIZATION OR FIRM; HAS A FORMAL AFFILIATION OR INTEREST IN AN AFFECTED ORGANIZATION OR FIRM; OR COULD EXPECT FINANCIAL GAIN OR LOSS FROM A PARTICULAR DECISION. ANY POTENTIAL CONFLICT MUST BE DISCLOSED TO THE CHAIR OF THE BOARD AND SHARED WITH THE BOARD OF TRUSTEES. ALL KEY EMPLOYEES/TRUSTEES MUST MAKE A WRITTEN STATEMENT ANNUALLY ON A DESIGNATED FORM SUBMITTED TO THE SECRETARY OF THE BOARD DISCLOSING THE NATURE OF ANY CONFLICTING RELATIONSHIPS OR THE ABSENCE OF ANY CONFLICTING RELATIONSHIPS. ALL FORMS ARE REVIEWED AND SIGNED OFF BY THE SECRETARY OF THE BOARD. ANY CONFLICTS OF INTEREST ARE DEALT WITH BY RECUSING THE TRUSTEE FROM VOTING ON CONFLICTED ISSUES, AND BY EXCUSING TRUSTEES OR KEY EMPLOYEES FROM THE ROOM WHEN A RELATED VOTE IS BEING TAKEN. FORM 990, PART VI, SECTION B, LINE 15A THE HEAD OF SCHOOL'S COMPENSATION IS DETERMINED BY THE BOARD OF TRUSTEES BASED ON ANNUAL PERFORMANCE REVIEWS AND TAKING INTO ACCOUNT COMPENSATION SURVEYS AND STUDIES AS WELL AS INFORMATION ABOUT COMPENSATION LEVELS AT PEER SCHOOLS AS PUBLISHED BY ISBOA AND NAIS. THE BOARD COMMUNICATES ITS COMPENSATION DECISION TO THE CHIEF FINANCIAL OFFICER WHO PROVIDES THE DIRECTIVE TO THE DIRECTOR OF FINANCE/HUMAN RESOURCES AND OPERATIONS FOR PROPER PAYROLL AUTHORIZATION AND EXECUTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS, FORM 990, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. A NOTICE DESCRIBING AVAILABILITY IS POSTED IN PLAIN VIEW IN THE BUSINESS OFFICE. FORM 990, PART XII, LINE 2C: FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE PARTNER'S PROGRAM 6100 BROADWAY OAKLAND CA 94618 202973102 THE ORGANIZATION IS A TUITION-FREE SUMMER SESSION AT THE SCHOOL. CA 501(C)(3) LINE 11A, I N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0