2012-05-14T14:50:31-05:00 2011-06-30 ARMANINO MCKENNA LLP 12667 ALCOSTA BOULEVARD SUITE 500 SAN RAMON CA 945834427 990 2010-07-01 940338330 THE BRANSON SCHOOL BRAN 4154543612 PO BOX 887 ROSS CA 94957 ANDREW PAULEY 4154543612 2012-05-09 1 LYNN HENLEY 9257902600 2010 2016-02-24 21:20:13Z THOMAS W PRICE PO BOX 887 ROSS CA 94957 36469262 0 X WWW.BRANSON.ORG X 1926 CA TO PROVIDE A QUALITY EDUCATION TO STUDENTS GRADES 9 THROUGH 12. 21 21 124 75 -7188 -7188 3916068 3422234 10720298 11854909 814548 3698634 102362 232638 15553276 19208415 1473200 1439270 0 0 7853655 8377101 0 0 917003 4772588 6633059 14099443 16449430 1453833 2758985 66016639 69324212 33229705 32445264 32786934 36878948 TO PROVIDE AN ACADEMICALLY EXCEPTIONAL EDUCATION TO STUDENTS GRADE 9 THROUGH 12 IN A WARM, SUPPORTIVE, AND NURTURING ENVIRONMENT. 0 0 12135901 1439270 11854909 THE BRANSON SCHOOL MAINTAINS AND CONDUCTS A SECONDARY SCHOOL FOR GIRLS AND BOYS IN WHICH THEY ARE PROVIDED WITH SUCH INSTRUCTION AND EDUCATION THAT SHALL BE ADEQUATE FOR THE PREPARATION OF STUDENTS FOR ADMISSION TO UNIVERSITIES AND COLLEGES OF THE HIGHEST ATTAINMENT. THE BRANSON SCHOOL ENCOURAGES STUDENTS TO THINK CRITICALLY, COMMUNICATE CLEARLY, DEVELOP THEIR INDIVIDUAL TALENTS AND INTERESTS, AND PURSUE A LIFE-LONG PASSION FOR LEARNING. 12135901 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 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 0 1 79 0 124 1 1 1 0 0 0 0 1 1 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 CA X ANDREW PAULEY DIR OF FIN & OPER 4154543612 39 FERNHILL AVENUE ROSS CA 94957 MARLENE BATES 1.00 X 0 0 0 JOHN BUEHLER 1.00 X 0 0 0 JAMES BUIE 1.00 X 0 0 0 MARITA DALY 1.00 X 0 0 0 MICHELLE DOUGLAS 1.00 X 0 0 0 KATE DUHAMEL 1.00 X 0 0 0 ELLEN FAIR 1.00 X 0 0 0 DARLA FLANAGAN 1.00 X 0 0 0 DAVID GOLDEN 1.00 X 0 0 0 P JOSEPH GRASSO 1.00 X 0 0 0 REBECCA HOUSER 1.00 X 0 0 0 DAMON KERBY 1.00 X 0 0 0 DAVID LIU 1.00 X 0 0 0 AVID MODJTABAI 1.00 X 0 0 0 LIEBE PATTERSON 1.00 X 0 0 0 BRUCE RAABE 1.00 X 0 0 0 ALBERT RICHARDS 1.00 X 0 0 0 AMY ROSS 1.00 X 0 0 0 BONNIE ROSS 1.00 X 0 0 0 SEMI SALMI 1.00 X 0 0 0 KATIE VOGELHEIM 1.00 X 0 0 0 THOMAS W PRICE 40.00 X 371018 0 101583 ANDREW PAULEY 40.00 X 164228 0 20276 KAREN WHITAKER 40.00 X 131143 0 16295 PHILIP GUTIERREZ 40.00 X 117257 0 29393 DENNIS SHANNON 40.00 X 112491 0 13681 FREDERICK PARSONS 40.00 X 112150 0 15363 MARGARET CECCHETTI 40.00 X 111160 0 17026 1119447 0 213617 19 0 1 0 HERRERO CONTRACTORS INC 2100 OAKDALE AVENUE SAN FRANCISCO CA 94124 CONSTRUCTION 1295245 CHARTWELLS FILE 50196 LOS ANGELES CA 90074 FOOD SERVICE 528669 CYO TRANSPORTATION SERVICES 699 SERRAMONTE BLVD 210 DALY CITY CA 94015 BUS SERVICE 174120 PEAK BUILDING SERVICES 142 CAPTAIN NURSE COURT NOVATO CA 94949 CUSTODIAL SERVICES 146951 MISSION MINDED 145 MAYWOOD WAY SAN RAFAEL CA 94901 CONSULTING SERVICES 145838 8 52000 3370234 618577 3422234 TUITION AND FEES 611600 11284928 11284928 AUXILLARY SERVICES 611600 440037 440037 SUMMER PROGRAMS 611600 86706 86706 SPECIAL PROGRAMS 611600 43238 43238 11854909 731840 -7188 739028 170595 32033 138562 138562 138562 19608853 529266 16943388 227937 2665465 301329 2966794 2966794 117214 52000 57489 59725 59725 MISCELLANEOUS INCOME 900099 34351 34351 34351 19208415 11854909 -7188 3938460 1439270 1439270 658005 111267 435471 111267 6066194 4645736 928006 492452 366129 237984 94884 33261 800851 520553 205369 74929 485922 355399 92850 37673 29534 29534 43078 43078 817513 486303 261856 69354 125792 74485 51307 301979 249168 46909 5902 439706 351765 87941 1201597 791008 410589 72629 36800 19816 16013 141303 86537 46597 8169 1281229 1153106 128123 1154906 817712 337194 28879 28879 OTHER EXPENSES 659460 517839 124945 16676 ATHLETIC PROGRAM 247644 247644 FINANCIAL AID EXP 59810 59810 BAD DEBT EXPENSE 28000 28000 16449430 12135901 3396526 917003 1606522 594602 8179534 8190143 2793848 1800397 1433012 5433 206475 229480 38996887 13605165 24332534 25391722 22792214 27361402 2133715 4934982 2538785 816051 66016639 69324212 927485 875491 7873695 6708031 22500000 22500000 35524 1893001 2361742 33229705 32445264 X 4929452 4510319 14579807 18509327 13277675 13859302 32786934 36878948 66016639 69324212 X 2758985 1333029 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14140987 515935 3246394 276384 17626932 12422889 1416887 1454378 1153167 14140987 14906152 1190028 -3105392 567899 12422889 0.78600 0.21400 0 0 1333389 1333389 33954705 11033114 22921591 3514230 2572051 942179 194563 194563 25391722 MANAGED INVESTMENT FUNDS 357488 F MONEY MARKET FUNDS 2328134 F REAL ESTATE 2249360 F 4934982 INTEREST RATE SWAP 2361742 2361742 19208415 16449430 2758985 1333029 1333029 4092014 19660437 1333029 558263 1891292 17769145 1439270 1439270 19208415 15568423 558263 558263 15010160 1439270 1439270 16449430 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE BRANSON SCHOOL ENDOWMENT FUNDS ARE PRIMARILY USED TO SUPPORT THE GENERAL OPERATIONS OF THE SCHOOL, INCLUDING FINANCIAL AID SUPPORT. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2011, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED IN REVENUE 57,489. RENTAL EXPENSES INCLUDED IN REVENUE 32,033. LOSS ON INTEREST RATE SWAPS INCLUDED IN REVENUE 468,741. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE/SCHOLARSHIPS 1,439,270. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED IN REVENUE 57,489. RENTAL EXPENSES INCLUDED IN REVENUE 32,033. LOSS ON INTEREST RATE SWAPS INCLUDED IN REVENUE 468,741. PART XIII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE/SCHOLARSHIPS 1,439,270. 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 ALONG WITH OTHER SCHOOLS, THE BRANSON SCHOOL HAS PUBLICIZED ITS NON-DISCRIMINATION POLICY IN THE SAN FRANCISCO CHRONICLE UNDER "PUBLIC NOTICES (NON-GOVERNMENT)". CLUB HAVANA 2010 169214 52000 117214 18136 24008 15345 169214 52000 117214 18136 24008 15345 57489 59725 1 TUITION ASSISTANCE 61 1439270 FMV TUITION ASSISTANCE FOR STUDENTS ATTENDING BRANSON SCHOOL. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FINANCIAL AID IS AVAILABLE EXCLUSIVELY FOR STUDENTS ENROLLED AT THE BRANSON SCHOOL. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 THOMAS W PRICE 329268 0 0 0 41750 0 18807 0 82776 0 472601 0 0 0 ANDREW PAULEY 163578 0 0 0 650 0 0 0 20276 0 184504 0 0 0 PART I, LINE 1A THE SCHOOL PROVIDES ON-CAMPUS HOUSING TO THE HEAD OF SCHOOL. THE VALUE OF THIS BENEFIT HAS BEEN INCLUDED IN PART VII OF FORM 990 AND SCHEDULE J IN THE NON-TAXABLE BENEFITS. THE SCHOOL CONTINUES TO TAKE THE POSITION THAT THE FACTS SUPPORT EXCLUSION FROM TAXABLE INCOME. THE HEAD OF SCHOOL'S CONTRACT INCLUDES A CLEANING STIPEND FOR THE RESIDENCE THAT THE SCHOOL PROVIDES HIM. THE CONTRACT INDICATES THAT BECAUSE THE HEAD OF SCHOOL WILL BE REQUIRED TO PERIODICALLY USE THIS RESIDENCE TO HOST SCHOOL FUNCTIONS/EVENTS, THE SCHOOL WILL PAY A CLEANING SERVICE TO KEEP THE HOUSE CLEAN. THIS AMOUNT PAID DIRECTLY TO A CLEANING SERVICE IS NOT REFLECTED AS TAXABLE INCOME ON THE HEAD OF SCHOOL'S W-2. ABAG FINANCE AUTHORITY VARIABLE RATE DEMAND REVENUE BONDS SERIES 2008 943130123 00037CNF3 2008-08-01 22500000 CONSTRUCTION & ACQUISITION OF EDUCATIONAL FACILITIES 0 0 0 23009005 353203 22062504 593298 2009 0 0 0 1 0 0 0 0 0 0 1 0 1 AEGON INSTITUTIONAL MARKETS 18.000000000000 1 0 0 X 13 618577 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE ENTIRE GOVERNING BOARD WAS PROVIDED A COPY OF FORM 990 PRIOR TO FILING THAT INCLUDED ALL SCHEDULES. HOWEVER, FOR PRIVACY REASONS, DONOR NAMES AND ADDRESSES WERE EXCLUDED FROM SCHEDULE B. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS ASKED TO SIGN THE CONFLICT OF INTEREST POLICY AT THE START OF EACH SCHOOL YEAR. THE DISCLOSURE STATEMENTS ARE RETURNED TO THE SECRETARY OF THE BOARD OF TRUSTEES AND ANY ISSUES ARE DISCUSSED AT THE BOARD LEVEL. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S COMPENSATION PACKAGE IS DETERMINED EXCLUSIVELY BY THE BOARD OF TRUSTEES. A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS FORM 990S FILED BY COMPARABLE SCHOOLS. A WRITTEN EMPLOYMENT CONTRACT IS SIGNED BY THE BOARD PRESIDENT AND THE HEAD OF SCHOOL. THE HEAD OF SCHOOL IS RESPONSIBLE FOR DETERMINING COMPENSATION AND BENEFITS FOR KEY EMPLOYEES OF THE SCHOOL. A SURVEY OF COMPENSATION AND BENEFITS CONDUCTED BY ISBOA, AND ORGANIZATION OF SCHOOLS IN THE BAY AREA, IS USED AS A BENCHMARK. FORM 990, PART VI, SECTION C, LINE 19 PURSUANT TO THE APPLICABLE TREASURY REGULATIONS, COPIES OF THE THREE MOST RECENTLY FILED FORMS 990 AND 990-T AND THE ORGANIZATION'S EXEMPTION APPLICATION ARE AVAILABLE UPON REQUEST. ANY DOCUMENTS NOT LEGALLY REQUIRED TO BE DISCLOSED, MAY BE DISCLOSED BY THE SCHOOL ON A CASE-BY-CASE BASIS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,333,029. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.