2014-05-15T17:45:42-05:00 2013-06-30 941254756 HOOD & STRONG LLP 100 FIRST STREET 14TH FLOOR SAN FRANCISCO CA 94105 990 2012-07-01 941633387 NUEVA SCHOOL NUEV 6503482272 6565 SKYLINE BLVD HILLSBOROUGH CA 94010 TERRY LEE 6503482272 2014-05-15 1 MAGA E KISRIEV P01008919 4157810793 2012 2015-11-30 17:44:51Z DIANE ROSENBERG 6565 SKYLINE BLVD HILLSBOROUGH CA 94010 39826928 0 X WWW.NUEVASCHOOL.ORG X 1966 CA INDEPENDENT SCHOOL OPERATING FOR EDUCATIONAL PURPOSES - STUDENTS GRADES PRE-K THROUGH 9TH. 30 30 202 275 0 0 15819122 11237841 15005071 16277844 368700 386718 -507981 -309096 30684912 27593307 1071310 1131812 0 0 9098951 9614761 0 0 506700 7410193 7893452 17580454 18640025 13104458 8953282 69697563 102331994 17554476 40892497 52143087 61439497 X OUR SCHOOL COMMUNITY INSPIRES PASSION FOR LIFELONG LEARNING, FOSTERS SOCIAL AND EMOTIONAL ACUITY AND DEVELOPS THE STUDENT'S IMAGINATIVE MIND. 0 0 11696183 1131812 16277844 THE NUEVA SCHOOL IS AN INTERNATIONALLY RECOGNIZED INDEPENDENT SCHOOL SERVING GIFTED AND TALENTED STUDENTS PREKINDERGARTEN THROUGH 9TH GRADE. THE PROGRESSIVE, STUDENT-CENTERED SCHOOL EMPHASIZES INTEGRATED STUDIES, CREATIVE ARTS, AND SOCIAL-EMOTIONAL LEARNING. NUEVA PROVIDES A CONSTRUCTIVIST PROGRAM, PROJECT-BASED LEARNING, AND SPECIAL-AREA TEACHERS IN VISUAL ART, READING, MATH, SCIENCE, MUSIC, LANGUAGES, PHYSICAL EDUCATION, TECHNOLOGY, ENTREPRENEURSHIP, ENGINEERING, DESIGN THINKING, AND SOCIAL AND EMOTIONAL LEARNING. THE SCHOOL IS A THREE-TIME WINNER OF THE US DEPARTMENT OF EDUCATION NATIONAL BLUE RIBBON AWARD, WINNER OF THE AMERICAN INSTITUTE OF ARCHITECTS AWARD FOR SCHOOL DESIGN AND SUSTAINABILITY, RECOGNIZED AS AN APPLE DISTINGUISHED PROGRAM, APPOINTED AN ASHOKA CHANGEMAKER SCHOOL, A COFOUNDER OF THE COMMON GROUND SPEAKER SERIES, SPONSOR OF THE INNOVATIVE LEARNING CONFERENCE, AND WAS HIGHLIGHTED BY THE PULITZER PRIZE-WINNING AND NEW YORK TIMES BEST-SELLING AUTHOR THOMAS FRIEDMAN IN HIS RECENT BOOK "THAT USED TO BE US" IN THE CHAPTER "AVERAGE IS OVER." 11696183 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 1 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 0 0 0 0 1 98 0 202 1 0 0 0 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X SHIRLEY DOXTAD 6503504600 6565 SKYLINE BLVD HILLSBOROUGH CA 94010 DENNIS WONG 1.00 X X 0 0 0 BONNIE FOUGHT 1.00 X X 0 0 0 BRUCE COZADD 1.00 X X 0 0 0 HOON CHO 1.00 X X 0 0 0 KAREN PACE 1.00 X X 0 0 0 KAT ALFOND 1.00 X 0 0 0 SUSAN BARNES 1.00 X 0 0 0 DERRICK BOLTON 1.00 X 0 0 0 JOY COVEY 1.00 X 0 0 0 KATHLEEN DONOHUE 1.00 X 0 0 0 ELDRIDGE GRAY 1.00 X 0 0 0 LANDIS GREEN 1.00 X 0 0 0 VERNON C GRIGG III 1.00 X 0 0 0 ZACK HERLICK 1.00 X 0 0 0 RICK HOLMSTROM 1.00 X 0 0 0 JAMES ISAACS 1.00 X 0 0 0 KARLA JURVETSON 1.00 X 0 0 0 JOE KRAUS 1.00 X 0 0 0 SUSANNA LOEB 1.00 X 0 0 0 FARZAD NAZEM 1.00 X 0 0 0 GEORGE PAVLOV 1.00 X 0 0 0 CLAIRE PERRY 1.00 X 0 0 0 KRISTINA PHIPPS 1.00 X 0 0 0 RUSSELL SIEGELMAN 1.00 X 0 0 0 KR SRIDHAR 1.00 X 0 0 0 JIM THOMPSON 1.00 X 0 0 0 STEVE VASSALLO 1.00 X 0 0 0 GRACE VOORHIS 1.00 X 0 0 0 MARA WALLACE 1.00 X 0 0 0 CHRIS WARDEN 1.00 X 0 0 0 DIANE ROSENBERG 40.00 X 452561 0 51249 TERRY LEE 40.00 X 254602 0 14393 SHIRLEY DOXTAD 40.00 X 151808 0 15696 MATT BERMAN 40.00 X 136506 0 14534 MUNEERAH MERCHANT 32.00 X 127914 0 3831 TARYN CLARK 40.00 X 116869 0 10750 CORY COMBS 40.00 X 117025 0 9060 1357285 0 119513 12 0 1 0 DEVCON CONSTRUCTION INC 690 GIBRALTER DRIVE MILPITAS CA 95035 CONSTRUCTION 2362650 LEDDY MAYTUM STACY ARCHITECTS 677 HARRISON STREET SAN FRANCISCO CA 94107 ARCHITECTURAL PROFESSIONAL SERVICES 2171179 SODEXO DEPT 43283 LOS ANGELES CA 900883383 BUILDING MAINTENANCE 737656 CYO TRANSPORTATION 699 SERRAMONTE BLVD SUITE 210 DALY CITY CA 94015 BUS TRANSPORTATION 335939 DARIOUSH 900 DOOLITTLE DRIVE SUITE 7A SAN LEANDRO CA 94577 CAFETERIA LUNCH & CATERING 326470 16 1057290 10180551 5103433 11237841 TUITION AND FEES 611699 13655276 13655276 OTHER PROGRAM SERVICE REVENUE 611710 2622568 2622568 16277844 220681 220681 12090562 11924525 166037 166037 166037 0 1057290 309096 -309096 -309096 27593307 16277844 0 77622 X 1131812 1131812 761472 761472 7254324 5644353 1254987 354984 1598965 1118692 399552 80721 11959 11959 36500 36500 15060 15060 2207418 1000926 1205502 990 58860 11485 47375 202275 58101 131305 12869 726967 719923 7044 729114 729114 1188 476 586 126 138871 102482 33248 3141 105284 105284 1249132 1249132 145002 145002 CURRICULAR TRIP EXPENSE 586630 586630 INSTRUCTIONAL EXPENSE 518203 518203 STUDENT TRANSPORTATION 307451 307451 CAPITAL CAMPAIGN 36656 36656 816882 495649 311064 10169 18640025 11696183 6437142 506700 255774 884949 10913630 23924026 10576668 6145699 3164358 4457818 264781 525989 67396276 10719874 35299485 56676402 7795930 7882942 1060170 1205117 366767 629052 69697563 102331994 1692502 3155513 13211974 17273440 16897133 1200000 2476411 1450000 1090000 17554476 40892497 X 29385274 30539827 14485147 22610166 8272666 8289504 52143087 61439497 69697563 102331994 8953282 343128 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8677289 16838 676980 511049 8860058 8930736 344684 -138642 459489 8677289 7330538 426504 1541629 367935 8930736 6361538 562542 665118 258660 7330538 5841916 1146832 -451349 175861 6361538 0.93560 0.06440 0 0 21899956 21899956 35587461 8118972 27468489 2982587 2600902 381685 6926272 6926272 56676402 X 26804623 343128 343128 26461495 1131812 1131812 27593307 17508213 0 17508213 1131812 1131812 18640025 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE SCHOOL'S ENDOWMENT IS INVESTED IN MONEY MARKET FUNDS, MUTUAL FUNDS AND EXCHANGE TRADED FUNDS TO GENERATE GENERAL OPERATING SUPPORT TO THE ORGANIZATION. ITS ENDOWMENT INCLUDES DONOR-RESTRICTED ENDOWMENT FUNDS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE SCHOOL IS REINVESTING ALL INTEREST AND GAIN ASSOCIATED WITH ITS ENDOWMENTS. ACCORDINGLY, OVER THE LONG TERM, THE SCHOOL EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT TO GROW AT A REASONABLE PREMIUM OVER INFLATION ANNUALLY. THIS IS CONSISTENT WITH THE ORGANIZATION'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY OR FOR A SPECIFIED TERM AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE SCHOOL IS A TAX EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE CALIFORNIA TAX CODE. THE SCHOOL CONTINUES TO REMAIN SUBJECT TO EXAMINATION BY U.S. FEDERAL AUTHORITIES FOR THE TAX YEARS 2009 THROUGH 2012 AND BY CALIFORNIA STATE AUTHORITIES FOR THE TAX YEARS 2008 THROUGH 2012. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD MAINTAINED ITS TAX EXEMPT STATUS AND HAD NOT TAKEN UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AWARDS NETTED AGAINST TUITION 1,131,812. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AWARDS NETTED AGAINST TUITION 1,131,812. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE FOLLOWING STATEMENT IS USED IN ALL PUBLICATIONS AND ON THE SCHOOL'S WEBSITE: "THE NUEVA SCHOOL ADMITS STUDENTS OF ANY RACE, COLOR, RELIGION, GENDER, SEXUAL ORIENTATION, OR NATIONAL OR ETHNIC ORIGIN TO ALL RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL AND DOES NOT DISCRIMINATE ON THE BASIS OF THESE FACTORS IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, FINANCIAL AWARD PROGRAMS, OR ATHLETIC AND OTHER SCHOOL PROGRAMS." EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES EDUCATIONAL CLASS TRIPS 107537 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES EDUCATIONAL CLASS TRIPS 82500 0 0 0 0 0 0 190037 0 190037 0 0 0 0 0 0 THE NUEVA BENEFIT AUCTION 1057290 1057290 159465 72512 77119 1057290 1057290 159465 72512 77119 309096 -309096 1 SCHOLARSHIPS 69 1131812 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: INDIVIDUAL AMOUNTS ARE DETERMINED BY HEAD OF SCHOOL, ASSOCIATE HEAD OF SCHOOL, DIRECTOR OF FINANCE, AND DIRECTOR OF ADMISSIONS. TOTAL BUDGET AMOUNT IS APPROVED BY BOARD. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 DIANE ROSENBERG 312420 0 0 0 140141 0 12500 0 38749 0 503810 0 125000 0 TERRY LEE 254602 0 0 0 0 0 6250 0 8143 0 268995 0 0 0 SHIRLEY DOXTAD 151808 0 0 0 0 0 7678 0 8018 0 167504 0 0 0 MATT BERMAN 136506 0 0 0 0 0 6133 0 8401 0 151040 0 0 0 PART I, LINE 1A DIANE ROSENBERG IS REQUIRED TO LIVE IN A SCHOOL-OWNED HOUSE AS A CONDITION OF EMPLOYMENT AND FOR CONVENIENCE OF THE SCHOOL. THE ANNUAL FAIR MARKET VALUE IS APPROXIMATELY $30,000. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2012-12-01 40000000 CONSTRUCTION OF UPPER SCHOOL FACILITY 0 0 0 A 40000000 23102867 196900 16700233 2014 0 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 0 0 0 0 0 A 1 X 30 4950630 FAIR MARKET VALUE X 1 29983 FAIR MARKET VALUE X AUCTION ITEMS 30 96305 FAIR MARKET VALUE X TICKETS 1 2508 FAIR MARKET VALUE X DINNER SOCIAL 6 23507 FAIR MARKET VALUE X ART FOOD WINE 1 500 FAIR MARKET VALUE 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): THE NUMBER REFLECTS THE NUMBER OF CONTRIBUTIONS RECEIVED AND NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11 THE TAXPAYER'S ACCOUNTING FIRM FORWARDED THE FORM 990 TO THE FINANCE DIRECTOR. THE FINANCE DIRECTOR FORWARDED THE FORM 990 TO THE CFO/HEAD OF SCHOOL. THE CFO FORWARDED THE FORM 990 TO THE TREASURER WHO THEN FORWARDED TO BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING THE FORM 990. BOARD MEMBERS WERE ENCOURAGED TO REVIEW THE FORM 990 AND TO FORWARD THEIR QUESTIONS TO THE CFO/TREASURER/FINANCE DIRECTOR. EITHER THE CFO/TREASURER/FINANCE DIRECTOR OR THE ACCOUNTING FIRM ADDRESSED THE QUESTIONS FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE NUEVA SCHOOL CONFLICT OF INTEREST POLICY COVERS ITS TRUSTEES, HEAD OF SCHOOL, OFFICERS AND ALL EMPLOYEES OF THE NUEVA SCHOOL. IT REQUIRES INDIVIDUALS TO DISCLOSE TO THE CHAIRMAN OF THE BOARD OF TRUSTEES AND THE HEAD OF SCHOOL EXISTENCE OF ANY FINANCIAL OR COMPETITIVE INTEREST THAT MAY GIVE RISE TO A CONFLICT OF INTEREST. ADDITIONALLY, THE HEAD OF SCHOOL AND THE ASSOCIATE HEAD OF SCHOOL WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR POTENTIAL CONFLICT OF INTEREST AND DISCLOSE THEM TO THE CHAIRMAN OF THE BOARD OF TRUSTEES. A PERSON WHO REPORTS OR IS DISCLOSED AS HAVING A CONFLICT OF INTEREST MAY BE REQUIRED TO BE DISQUALIFIED FROM PARTICIPATING IN RELATED DISCUSSION OR DECISION. THIS POLICY IS DISCUSSED EACH YEAR AT A BOARD OF TRUSTEES MEETING, WHERE INDIVIDUALS WITH POTENTIAL CONFLICTS ARE ENCOURAGED TO DISCLOSE ANY POTENTIAL CONFLICTS TO THE HEAD OF SCHOOL AND THE CHAIRMAN OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD COMPENSATION COMMITTEE ENGAGED AN INDEPENDENT COMPENSATION CONSULTANT TO OBTAIN BENCHMARK DATA, AND ASSESS THE APPROPRIATE LEVEL OF COMPENSATION FOR THE HEAD OF SCHOOL AND ASSOCIATE HEAD OF SCHOOL. THE SCHOOL ALSO PREPARED BENCHMARK DATA AVAILABLE FROM ISBOA AND NAIS SURVEYS FOR COMPENSATION COMMITTEE REVIEW. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIALS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. OTHER FEES FORM 990, PART IX, LINE 11G PROGRAM, MUSIC, TUTORS, SPEAKERS OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 925,878. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 925,878. OTHER: PROGRAM SERVICE EXPENSES 75,048. MANAGEMENT AND GENERAL EXPENSES 1,205,502. FUNDRAISING EXPENSES 990. TOTAL EXPENSES 1,281,540.