2013-05-08T13:05:41-05:00 2012-06-30 941254756 HOOD & STRONG LLP 100 FIRST STREET 14TH FLOOR SAN FRANCISCO CA 94105 990 2011-07-01 941622034 URBAN SCHOOL OF SAN FRANCISCO URBA 4156262919 1563 PAGE STREET SAN FRANCISCO CA 94117 SUSAN MUNN 4156262919 2013-05-07 1 MARK S HANCOCK P00857085 4157810793 2011 2016-03-07 17:11:31Z MARK SALKIND 1563 PAGE STREET SAN FRANCISCO CA 94117 17531872 0 X WWW.URBANSCHOOL.ORG X 1966 CA THE SCHOOL PROVIDES COLLEGE PREPARATORY SECONDARY EDUCATION IN GRADES 9 THROUGH 12. 26 26 184 200 0 0 1947808 3644247 11996613 13317145 275581 380067 62737 62079 14282739 17403538 2128450 2490544 0 0 7343206 7942285 21211 21207 638316 4554438 4405147 14047305 14859183 235434 2544355 32215161 35050234 18738946 19335245 13476215 15714989 X THE URBAN SCHOOL OF SAN FRANCISCO IS AN INNOVATIVE, CO-EDUCATIONAL DAY SCHOOL WHICH SEEKS TO IGNITE A PASSION FOR LEARNING AND TO INSPIRE ITS STUDENTS TO BECOME SELF-MOTIVATED, ENTHUSIASTIC PARTICIPANTS IN THEIR EDUCATION. 0 0 12566072 2490544 13335651 FOUNDED IN 1966, URBAN OFFERS A DEMANDING COLLEGE PREPARATORY PROGRAM IN THE ARTS, ENGLISH, HISTORY, LANGUAGES, MATHEMATICS AND SCIENCE. ALL INCOMING STUDENTS ARE ISSUED STATE-OF-THE-ART LAPTOP COMPUTERS FOR SCHOOL AND HOME USE TO HELP FULLY INTEGRATE TECHNOLOGY INTO THE CURRICULUM. THE SCHOOL FIELDS INTERSCHOLASTIC TEAMS IN MANY SPORTS AND PROVIDES NUMEROUS EXTRACURRICULAR OPPORTUNITIES FOR STUDENT LEADERS, WRITERS AND PERFORMERS. THROUGH FIELDWORK, COMMUNITY SERVICE AND INTERNSHIPS, STUDENTS EXPLORE AND CONTRIBUTE TO OUR OWN HAIGHT-ASHBURY NEIGHBORHOOD, AS WELL AS TO THE LARGER COMMUNITY. URBAN HAS A FACULTY OF 52 FULL- AND PART-TIME TEACHERS AND 375 STUDENTS IN GRADES 9 THROUGH 12. THE TEACHER-STUDENT RATIO IS 1:10. THE URBAN SCHOOL OF SAN FRANCISCO IS ACCREDITED BY THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES (WASC), AND IS A MEMBER OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS), THE CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS (CAIS), THE COUNCIL FOR THE ADVANCEMENT AND SUPPORT OF EDUCATION (CASE), AND THE SECONDARY SCHOOL ADMISSION TEST BOARD. URBAN IS ALSO A MEMBER OF A BETTER CHANCE (ABC), THE BAY COUNTIES LEAGUE (BCL), AND THE NETWORK OF COMPLEMENTARY SCHOOLS.THE URBAN SCHOOL OF SAN FRANCISCO ADMITS STUDENTS WITHOUT REFERENCE TO RACE, COLOR, SEX, RELIGION, SEXUAL ORIENTATION, NATIONAL OR ETHNIC ORIGIN TO ALL THE RIGHTS PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, SEX, RELIGION, SEXUAL ORIENTATION, NATIONAL OR ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, FINANCIAL AID PROGRAM, ATHLETIC OR SCHOOL-ADMINISTERED PROGRAMS. 12566072 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 40 0 184 1 0 0 0 0 0 1 1 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 CA X SUSAN MUNN 4156262919 1563 PAGE STREET SAN FRANCISCO CA 941172017 TERRY GAMBLE BOYER 5.00 X 0 0 0 GEOFF SEARS 3.00 X 0 0 0 GLENN SHANNON 3.00 X 0 0 0 KARIE BROWN 3.00 X 0 0 0 KATHY BOLE 3.00 X 0 0 0 STEVEN MELIKIAN 3.00 X 0 0 0 LAURA FISHER 3.00 X 0 0 0 PETER ROSS 2.00 X 0 0 0 AISHA LOWE 2.00 X 0 0 0 ALEX WONG 2.00 X 0 0 0 BRIAN MAY 2.00 X 0 0 0 CHARLES WU 2.00 X 0 0 0 DEAN WRIGHT 2.00 X 0 0 0 DENISE WANG KLINE 2.00 X 0 0 0 GARY LUCAS 2.00 X 0 0 0 JOE KWONG 2.00 X 0 0 0 KENNETH JOHNSON 2.00 X 0 0 0 LAWRENCE BAER 2.00 X 0 0 0 MICHAEL BROWNE 2.00 X 0 0 0 MIKE MCCUNE 2.00 X 0 0 0 ROBERT ROSNER 2.00 X 0 0 0 STEVE MORRIS 2.00 X 0 0 0 STEVEN DINKELSPIEL 2.00 X 0 0 0 STEVEN FINGERHOOD 2.00 X 0 0 0 STUART DAVIDSON 2.00 X 0 0 0 WARRINGTON PARKER 2.00 X 0 0 0 MARK SALKIND 50.00 X 434887 0 27449 SUSAN MUNN 50.00 X 204200 0 22702 KARI KIERNAN 37.50 X 69680 0 12519 SUZANNE FORREST 40.00 X 146833 0 18215 CHARLOTTE WORSLEY 40.00 X 136714 0 17424 JONATHAN HOWLAND 40.00 X 131148 0 19287 SUSAN LEE 40.00 X 118553 0 9876 BRISEN BRADY 40.00 X 111129 0 14313 1353144 0 141785 8 0 1 0 SODEXO DEPT 43283 LOS ANGELES CA 90088 MAINTENANCE & JANITORIAL SERVICE 507726 CYO TRANSPORTATION SERVICES 699 SERRAMONTE BLVD 210 DALY CITY CA 94015 TRANSPORTATION 379987 DARIOUSH INC 5912 BAGSHOTTE DRIVE OAKLAND CA 94611 CATERING/CAFETERIA 198235 3 289845 3354402 215454 3644247 TUITION AND FEES 611600 12891642 12891642 OTHER PROGRAM RELATED 611600 425503 425503 13317145 97809 97809 47592 61620 -14028 -14028 -14028 282258 0 282258 282258 282258 116765 289845 66714 50051 50051 7550 0 7550 7550 MISCELLANEOUS REVENUE 900099 18506 18506 18506 17403538 13335651 0 423640 2490544 2490544 779364 162903 507860 108601 5843966 5258686 281500 303780 284703 255949 12277 16477 576630 508957 39566 28107 457622 386275 46111 25236 7129 7129 36725 36725 21207 21207 212278 58705 148854 4719 63299 33700 8991 20608 1689224 1554223 67166 67835 86251 67521 12092 6638 910255 857541 40020 12694 58028 49910 5299 2819 84331 73177 7284 3870 354155 354155 667998 626842 32518 8638 98051 93107 3771 1173 SEMESTER PROGRAMS 66800 66800 PROFESSIONAL MEMBERSHIP 37948 21232 10802 5914 BAD DEBT EXPENSE 32675 32675 14859183 12566072 1654795 638316 2240108 2215405 47 7920 454935 1867341 6340804 6428504 78140 501806 660998 21135825 7756852 13820054 13378973 8699542 8857407 1713411 32215161 35050234 660454 767027 10176282 10848647 7902210 7719571 18738946 19335245 X 10895267 10565499 1489795 3690460 1091153 1459030 13476215 15714989 32215161 35050234 X 2544355 -305581 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5603325 367877 31320 17952 5984570 4560696 348630 693999 5603325 4270576 313074 227046 250000 4560696 3960950 282954 26672 4270576 0.72790 0.24380 0.02830 0 0 400000 1760455 2160455 597762 16111857 5861292 10848327 11895 488441 380983 119353 9861 1615866 1374889 250838 139688 139688 0 13378973 17403538 14859183 2544355 -305581 -305581 2238774 14705677 -305581 -2453900 -2759481 17465158 -61620 -61620 17403538 12466903 61620 61620 12405283 2453900 2453900 14859183 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE SCHOOL'S ENDOWMENTS CONSIST OF THREE INDIVIDUAL FUNDS, ALL ESTABLISHED TO GENERATE GENERAL OPERATING SUPPORT TO THE ORGANIZATION. ITS ENDOWMENT INCLUDES DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE INVESTMENT OBJECTIVE FOR FUNDS OF THE SCHOOL ALLOCATED TO "ENDOWMENT" BY THE BOARD OF TRUSTEES ("ENDOWMENT") IS TO ACHIEVE THE HIGHEST RETURN FOR THE RISK DEEMED APPROPRIATE BY THE INVESTMENT COMMITTEE. IN ASSESSING RISK, THE INVESTMENT COMMITTEE SHOULD ASSUME THAT THE URBAN SCHOOL'S INVESTMENT HORIZON STRETCHES INTO PERPETUITY AND ITS NEED FOR LIQUIDITY IS LIMITED. EXCEPT IN THOSE CIRCUMSTANCES IN WHICH DOING SO WOULD CAUSE THE ENDOWMENT TO INCUR OUTSIZED RISK, THE INVESTMENT COMMITTEE SHALL, AT A MINIMUM, STRIVE TO ACHIEVE RETURNS THAT MAINTAIN THE ENDOWMENT'S PURCHASING POWER AFTER DISBURSEMENTS. SPECIFICALLY, THE ENDOWMENT'S ANNUAL RETURN SHOULD MATCH OR EXCEED THE INFLATION RATE ASSOCIATED WITH EDUCATIONAL INSTITUTIONS PLUS THE RATE OF ENDOWMENT SPENDING. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE CALIFORNIA TAX CODE. THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAD CONCLUDED THAT AS OF JUNE 30, 2012, THE SCHOOL HAS MAINTAINED ITS TAX EXEMPT STATUS AND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION PRIOR TO 2009 BY THE U.S. FEDERAL TAX AUTHORITY AND PRIOR TO 2008 BY THE STATE TAX AUTHORITY. PART XII, LINE 2D - OTHER ADJUSTMENTS: TUITION ASSISTANCE -2,453,900. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -61,620. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 61,620. PART XIII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 2,453,900. 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 NONDISCRIMINATORY POLICY PUBLISHED IN THE SAN FRANCISCO CHRONICLE X X X X X 1 MARTS & LUNDY 1200 WALL STREET WEST LYNDHURST NJ 07071 ADVICE ON VARIOUS IN-PERSON NON-GOVERNMENT GRANT SOLICITATIO 0 0 21207 -21207 21207 -21207 CA ANNUAL AUCTION 406610 289845 116765 760 20384 30777 2600 12193 406610 289845 116765 760 20384 30777 2600 12193 66714 50051 EXPLANATION OF FUNDRAISING PAYMENTS SCHEDULE G, PART I, LINE 2B, COLUMN (V) ADVICE ON VARIOUS IN-PERSON AND NON GOVERNMENT GRANT SOLICITATIONS. 1 FINANCIAL AID 104 2490544 URBAN SCHOOL SUBSCRIBES TO THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS) SERVICE. AFTER FAMILIES SUBMIT DETAILED FINANCIAL INFORMATION, SSS ANALYZES THE DATA AND RECOMMENDS AN AMOUNT THAT EACH FAMILY CAN EXPECT TO PAY FOR EDUCATIONAL EXPENSES. URBAN'S FINANCIAL AID COMMITTEE, WHICH IS NOT A BOARD COMMITTEE, USES THIS FIGURE AS THE BASIS FOR ITS FINANCIAL AWARD CALCULATIONS. FAMILIES MUST ALSO SUBMIT COPIES OF THEIR MOST RECENT FEDERAL TAX FORM 1040. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 MARK SALKIND 434887 0 0 0 0 0 17150 0 10299 0 462336 0 0 0 SUSAN MUNN 204200 0 0 0 0 0 14294 0 8408 0 226902 0 0 0 SUZANNE FORREST 146833 0 0 0 0 0 10278 0 7937 0 165048 0 0 0 CHARLOTTE WORSLEY 136714 0 0 0 0 0 9570 0 7854 0 154138 0 0 0 JONATHAN HOWLAND 131148 0 0 0 0 0 9180 0 10107 0 150435 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS PROVIDED WITH A DISCRETIONARY SPENDING ACCOUNT. CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 2010-09-01 7963676 SEE PART V FOR DESCRIPTION OF PURPOSE 0 0 0 7963676 100336 7863340 2006 1 0 1 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0 0 SCHEDULE K, PART I, COLUMN (F) - DESCRIPTION OF PURPOSE: ON SEPTEMBER 1, 2010, THE SCHOOL ENTERED INTO A LOAN AGREEMENT WITH FIRST REPUBLIC BANK AND CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY FOR A TAX-EXEMPT LOAN IN THE AMOUNT OF $8,036,000. THE BANK FUNDED THE LOAN THROUGH THE AUTHORITY WHICH, IN TURN, LENT THE LOAN PROCEEDS TO THE SCHOOL TO (1) REFINANCE THE SCHOOL'S OBLIGATIONS UNDER VARIABLE RATE DEMAND BONDS ISSUED BY THE ABAG FINANCE AUTHORITY FOR NONPROFIT CORPORATIONS THEN OUTSTANDING IN THE AMOUNT OF $6,450,000, (2) FINANCE THE TERMINATION COSTS OF AN INTEREST RATE SWAP IN THE AMOUNT OF $1,393,000, AND (3) FINANCE RELATED TRANSACTION COSTS OF $193,000. THE SCHOOL'S PAYMENT OBLIGATIONS UNDER THE LOAN FROM THE AUTHORITY ARE ASSIGNED TO THE BANK. THE LOAN BEARS A FIXED RATE OF 4.45%, IS FULLY AMORTIZED, AND REQUIRES ANNUAL PAYMENTS OF PRINCIPAL AND INTEREST OF $537,000 TO BE PAID MONTHLY, AND MATURES ON SEPTEMBER 1, 2035. X 14 215454 FAIR MARKET VALUE 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS REFLECTS THE NUMBER OF DONORS, NOT THE NUMBER OF ITEMS DONATED. FORM 990, PART VI, SECTION B, LINE 11 HOOD & STRONG FORWARDED THE FORM 990 TO THE CFO AND THE CONTROLLER. THE CFO AND CONTROLLER FORWARDED THE FORM 990 TO THE HEAD OF SCHOOL AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR THEIR REVIEW PRIOR TO FILING THE FORM 990. A COPY OF THE FORM 990 EXCLUDING SCHEDULE B WAS PROVIDED TO THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. GIVEN THE CONFIDENTIAL NATURE OF BOTH THE AMOUNT OF GIFTS TO THE SCHOOL, AS WELL AS IN SOME CASES THE NAMES OF DONORS, THE SCHOOL BELIEVES THAT TO MAKE THIS INFORMATION AVAILABLE TO PERSONS OTHER THAN THOSE ORIGINALLY CONTEMPLATED BY THE DONOR WOULD CONSTITUTE A BREACH OF TRUST. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL WILL REQUIRE ALL TRUSTEES AND OFFICERS TO ANNUALLY REVIEW THE CONFLICT OF INTEREST POLICY, AND TO COMPLETE AND SIGN A CONFIDENTIAL CONFLICT OF INTERESTS STATEMENT AND RETURN IT TO THE HEAD'S OFFICE. THE HEAD WILL ANNUALLY MAKE A REPORT TO THE EXECUTIVE COMMITTEE BASED ON THE DISCLOSURE FORMS SUBMITTED. TRUSTEES SHOULD AMEND THEIR STATEMENT IF CIRCUMSTANCES ARISE DURING THE YEAR. THE CONTROLLER FOLLOWS UP WITH BOARD SECRETARY DURING THE YEAR, TO ENSURE FORMS ARE RETURNS IN A TIMELY MANNER AND NO CONFLICTS EXIST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD'S EXECUTIVE COMMITTEE ANNUALLY REVIEWS AND DISCUSSES COMPENSATION AND BENEFITS FOR THE HEAD OF SCHOOL AND CFO. OUTSIDE CONSULTANTS ARE HIRED WHEN NECESSARY TO ASSESS COMPENSATION OF SIMILAR POSITIONS. ANNUALLY, THE COMMITTEE REVIEWS COMPENSATION SURVEYS COMPILED BY LOCAL AND NATIONAL INDEPENDENT SCHOOL ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -305,581. THE 1565 BLUES LLC 1563 PAGE STREET SAN FRANCISCO CA 94117 941622034 ACQUIRING, OWNING, OPERATING AND HOLDING REAL PROPERTY AT 1565 PAGE ST. CA -14028 838027 THE URBAN SCHOOL OF SAN FRANCISCO