SEA CREST SCHOOL INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- SEA CREST SCHOOL INC (EIN 94-3250488)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-30
- IRS object ID
- 201233359349300923
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-30T16:42:25-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 942513310 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAUTZE & LAUTZE | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 303 SECOND STREET SUITE 950N | AddressLine1 |
| City | SAN FRANCISCO | City |
| State | CA | State |
| ZIP Code | 94107 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 943250488 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEA CREST SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SEAC | NameControl |
| Phone | 6507129892 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 ARNOLD WAY | AddressLine1 |
| City | HALF MOON BAY | City |
| State | CA | State |
| ZIP Code | 94019 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS WALTERS | Name |
| Title | HEAD OF SCHOOL | Title |
| Phone | 6507129892 | Phone |
| Date Signed | 2012-11-26 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROGER BULOSAN | Name |
| PTIN | P00221282 | PTIN |
| Phone | 4155436900 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | THOMAS WALTERS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 ARNOLD WAY | AddressLine1 |
| City | HALF MOON BAY | City |
| State | CA | State |
| ZIP Code | 94019 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4279223 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.SEACRESTSCHOOL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1996 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | SEA CREST SCHOOL IS DEDICATED TO PROVIDING THE BEST IN INNOVATIVE EDUCATION TO INSPIRE AND EMPOWER ITS LEARNERS TO ENGAGE CURIOSITY, EXPRESS CREATIVITY, ACT WITH COMPASSION AND LEAD WITH COURAGE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 61 | TotalNbrEmployees |
| Total Nbr Volunteers | 210 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 360938 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 395785 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3313075 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3779995 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 7343 | InvestmentIncomePriorYear |
| Investment Income Current Year | 8486 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 41213 | OtherRevenuePriorYear |
| Other Revenue Current Year | 36621 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 3722569 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4220887 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 295026 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 338929 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2212879 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2701393 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 8800 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 52800 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 52800 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 869766 | OtherExpensePriorYear |
| Other Expenses Current Year | 988117 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3386471 | TotalExpensesPriorYear |
| Total Expenses Current Year | 4081239 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 336098 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 139648 | RevenuesLessExpensesCY |
| Total Assets BOY | 8148941 | TotalAssetsBOY |
| Total Assets EOY | 8748940 | TotalAssetsEOY |
| Total Liabilities BOY | 6952031 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 7309822 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1196910 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1439118 | NetAssetsOrFundBalancesEOY |
| Mission Description | SEA CREST SCHOOL IS AN INDEPENDENT COASTSIDE COMMUNITY SCHOOL THAT STRIVES TO PROVIDE AN EXCEPTIONAL AND AFFORDABLE ENVIRONMENT FOR ACADEMIC ACHIEVEMENT, INTELLECTUAL GROWTH, ARTISTIC FULFILLMENT, ATHLETIC DEVELOPMENT, AND CIVIC RESPONSIBILITY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 2905046 | Expense |
| Grants | 338929 | Grants |
| Revenue | 3633120 | Revenue |
| Description | SEA CREST SCHOOL IS A COMMUNITY WHERE ENGAGED K-8 STUDENTS ARE INSPIRED TO THINK CRITICALLY, EXPRESS THEIR CREATIVITY, AND ACT WITH PERSONAL INTEGRITY. STUDENTS ARE CHALLENGED TO DO THEIR PERSONAL BEST AND GROW EACH DAY WITHIN A CARING AND SUPPORTIVE ENVIRONMENT. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 91363 | Expense |
| Revenue | 146875 | Revenue |
| Description | AUXILIARY SERVICES PROVIDE AFTERSCHOOL PROGRAMS FOR ATHLETICS, MUSIC, SCIENCE AND OTHER ENRICHMENT PROGRAMS, SUPERVISED AFTERSCHOOL CARE AND SUMMER ENRICHMENT PROGRAMS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 2996409 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 21 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 61 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 15 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KELLY SPAETH BUSINESS MANAGER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6507129892 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 ARNOLD WAY | AddressLine1 |
| City | HALF MOON BAY | City |
| State | CA | State |
| ZIP Code | 94019 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (16 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| PAMELA IZZO | ||||||
| PRESIDENT | 0.00 | X | X | 0 | 0 | 0 |
| KEITH FUKUI | ||||||
| CHIEF FINANCIAL OFFICER | 0.00 | X | X | 0 | 0 | 0 |
| DAVID HOSILYK | ||||||
| SECRETARY | 0.00 | X | X | 0 | 0 | 0 |
| BERRY FRANKLIN | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| GREG JOSWIAK | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| JOHN DEMPSEY | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| LAURA LEBER KAMMEYER | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| GRETCHEN MCDOUGALL | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| SUSAN MIHARA | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| SHERI OLSON | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| CATHY SHELBURNE | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| BRICE TARLING | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| ANDRE TURENNE | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| AMY RAMSEY | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| BRUCE POLLOCK | ||||||
| HEAD OF SCHOOL | 55.00 | X | X | 194250 | 0 | 277318 |
| KELLY SPAETH | ||||||
| BUSINESS MANAGER | 40.00 | X | 84000 | 0 | 14587 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 278250 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 291905 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 180315 | FundraisingEvents |
| All Other Contributions | 215470 | AllOtherContributions |
| Total Contributions | 395785 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611600 | 3633120 | 3633120 |
| AUXILIARY SERVICES | 611600 | 146875 | 146875 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3779995 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8486 | TotalRevenueColumn |
| Exclusion | $8,486 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 34293 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 34293 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 34293 | TotalRevenueColumn |
| Exclusion | $34,293 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 58336 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 180315 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 58336 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISC. INCOME | Description |
| Business Code | 611600 | BusinessCode |
| Total Revenue Column | 2328 | TotalRevenueColumn |
| Exclusion | $2,328 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 2328 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4220887 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3779995 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $45,107 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 338929 | Total |
| Program Services | 338929 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 561654 | Total |
| Program Services | 138600 | ProgramServices |
| Management And General | 423054 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1678176 | Total |
| Program Services | 1584509 | ProgramServices |
| Management And General | 93667 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 117372 | Total |
| Program Services | 90470 | ProgramServices |
| Management And General | 26902 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 174700 | Total |
| Program Services | 133181 | ProgramServices |
| Management And General | 41519 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 169491 | Total |
| Program Services | 116086 | ProgramServices |
| Management And General | 53405 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26000 | Total |
| Management And General | 26000 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52800 | Total |
| Fundraising | 52800 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3564 | Total |
| Program Services | 3564 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11261 | Total |
| Management And General | 11261 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57020 | Total |
| Program Services | 39057 | ProgramServices |
| Management And General | 17963 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12086 | Total |
| Program Services | 12086 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71629 | Total |
| Program Services | 62567 | ProgramServices |
| Management And General | 9062 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1573 | Total |
| Program Services | 1573 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4538 | Total |
| Program Services | 4463 | ProgramServices |
| Management And General | 75 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 215830 | Total |
| Management And General | 215830 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 238876 | Total |
| Program Services | 191100 | ProgramServices |
| Management And General | 47776 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55232 | Total |
| Program Services | 28923 | ProgramServices |
| Management And General | 26309 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| CURRICULUM, CLASSROOM S | 102005 | 102005 | |
| MAINTENANCE, EQUIPMENT | 91569 | 77371 | 14198 |
| ALL OTHERS | 58213 | 36007 | 22206 |
| ATHLETICS PROGRAM | 24705 | 24705 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14016 | Total |
| Program Services | 11213 | ProgramServices |
| Management And General | 2803 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4081239 | Total |
| Program Services | 2996409 | ProgramServices |
| Management And General | 1032030 | ManagementAndGeneral |
| Fundraising | 52800 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 155367 | BOY |
| EOY | 137142 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1977358 | BOY |
| EOY | 2525449 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 364126 | BOY |
| EOY | 160458 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 61259 | BOY |
| EOY | 73251 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 6517024 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1904763 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4581598 | BOY |
| EOY | 4612261 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 759314 | BOY |
| EOY | 1011506 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 249919 | BOY |
| EOY | 228873 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8148941 | BOY |
| EOY | 8748940 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 268452 | BOY |
| EOY | 540105 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1996003 | BOY |
| EOY | 2255089 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4435000 | BOY |
| EOY | 4365000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 252576 | BOY |
| EOY | 149628 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6952031 | BOY |
| EOY | 7309822 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1155711 | BOY |
| EOY | 1409157 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27885 | BOY |
| EOY | 16455 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13314 | BOY |
| EOY | 13506 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1196910 | BOY |
| EOY | 1439118 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8148941 | BOY |
| EOY | 8748940 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 139648 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 102560 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 23314 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 191 | InvestmentEarningsOrLosses |
| End Of Year Balance | 23505 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3000 | BeginningOfYearBalance |
| Contributions | 17000 | Contributions |
| Investment Earnings Or Losses | 3314 | InvestmentEarningsOrLosses |
| End Of Year Balance | 23314 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributions | 3000 | Contributions |
| End Of Year Balance | 3000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.43000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.57000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 870118 | OtherCostOrOtherBasis |
| Book Value | 870118 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5211276 | OtherCostOrOtherBasis |
| Depreciation | 1674808 | Depreciation |
| Book Value | 3536468 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 394630 | OtherCostOrOtherBasis |
| Depreciation | 229955 | Depreciation |
| Book Value | 164675 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 41000 | OtherCostOrOtherBasis |
| Book Value | 41000 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 4612261 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| WFB PROJECT FUND | 198000 | F |
| COMERICA RESERVE FUND CD | 290000 | F |
| COMERICA CD BROKERAGE ACCOUNT | 500000 | F |
| VANGUARD ENDOWMENT INVESTMENTS | 23506 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 1011506 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INTEREST RATE SWAP AGREEMENT | Description |
| Amount | $149,628 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 149628 | TotalOfAmounts |
| Total Revenue | 4220887 | TotalRevenue |
| Total Expenses | 4081239 | TotalExpenses |
| Excess Or Deficit For Year | 139648 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -388 | NetUnrealizedGLOnInvestments |
| Other | $102,948 | OtherAmount |
| Total Adjustments | 102560 | TotalAdjustments |
| Excess Or Deficit Per FS | 242208 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 3940294 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 58336 | OtherRevenues |
| Revenue Not Rptd F990 | 58336 | RevenueNotRptdF990 |
| Revenue Subtotal | 3881958 | RevenueSubtotal |
| Other Revenues Not Included | 338929 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 338929 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4220887 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 3698086 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | -44224 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | -44224 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3742310 | ExpensesSubtotal |
| Other Expenses Not Included | 338929 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 338929 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 4081239 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE SCHOOL'S ENDOWMENT CONSISTS OF ONE INDIVIDUAL FUND ESTABLISHED FOR THE LONG TERM FINANCIAL BENEFIT OF THE SCHOOL AND ITS EDUCATIONAL GOALS AND OBJECTIVES THROUGH PROVIDING ANNUAL SUPPORT FOR THE SCHOOL. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE SCHOOL HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN, OR EXPECTED TO BE TAKEN, IN A TAX RETURN AND REQUIRES THE AFFIRMATIVE EVALUATION THAT IS MORE-LIKELY-THAN-NOT, BASED ON THE TECHNICAL MERITS OF A TAX POSITION, THAT AN ENTERPRISE IS ENTITLED TO ECONOMIC BENEFITS RESULTING FROM TAX POSITIONS TAKEN IN INCOME TAX RETURNS. FOR TAX EXEMPT ENTITIES, FAVORABLE TAX STATUS ITSELF IS DEEMED TO BE AN UNCERTAINTY, AS EVENTS COULD POTENTIALLY OCCUR TO JEOPARDIZE THEIR TAX-EXEMPT STATUS. IF A TAX POSITION DOES NOT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE SCHOOL'S EVALUATION ON JUNE 30, 2012 REVEALED NO TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE 2008 THROUGH 2011 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE IRS. IN ADDITION, THE 2007 THROUGH 2011 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY CALIFORNIA. THE SCHOOL DOES NOT BELIEVE THAT ANY REASONABLY POSSIBLE CHANGES WILL OCCUR WITHIN THE NEXT TWELVE MONTHS THAT WILL HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | UNREALIZED CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT 102,948. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUND RAISING - DIRECT EXPENSES 58,336. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID TO INDIVIDUALS 338,929. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | UNREALIZED CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT -102,948. FUND RAISING - DIRECT EXPENSES 58,336. UNREALIZED GAIN ON RESTRICTED INVESTMENTS 388. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID TO INDIVIDUALS 338,929. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | SEA CREST PUBLICIZES ITS NON-DISCRIMINATION POLICY ANNUALLY IN THE SAN FRANCISCO CHRONICLE. LAST PUBLICATION WAS MAY 18, 2012. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WRIGHT CONSULTING | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 ASHDOWN PLACE | AddressLine1 |
| City | HALF MOON BAY | City |
| State | CA | State |
| ZIP Code | 94019 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | FUNDRAISING CONSULTING | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 0 | GrossReceipts |
| Amount Retained By Contractor | 0 | AmountRetainedByContractor |
| Net To Organization | 0 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Licensed States | CA | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | AUCTION | NameOfEvent1 |
| Gross Receipts Event1 | 163694 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 124955 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 38739 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 10608 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 600 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 27531 | OtherDirectExpensesEvent1 |
| Name Of Event2 | SCHOLARSHIP RUN | NameOfEvent2 |
| Gross Receipts Event2 | 39090 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 36191 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 2899 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 2899 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 9 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 33771 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 19169 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 14602 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 14602 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 236555 | GrossReceiptsTotal |
| Charitable Contributions Total | 180315 | CharitableContributionsTotal |
| Gross Revenue Total Events | 56240 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 10608 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 600 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 45032 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 56240 | DirectExpenseSummaryEvents |
| Net Income Summary | 0 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | FINANCIAL ASSISTANCE FOR TUITION | TypeOfGrant |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | TUITION ASSISTANCE | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: SEA CREST REQUIRES FINANCIAL DISCLOSURE AND PRIOR TAX RETURNS FROM APPLICANTS FOR ASSISTANCE. DECISIONS ARE BASED ON THE FAMILIES CALCULATED ABILITY TO PAY (USING SSS METHODOLOGY) AND THE POOL OF FUNDS AVAILABLE. RECORDS ARE MAINTAINED INDIVIDUALLY FOR EACH FAMILY. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 0 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BRUCE POLLOCK | NamePerson |
| Base Compensation Filing Org | 161250 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 33000 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 248426 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 28892 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 471568 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | THE HEAD OF SCHOOL BRUCE POLLOCK RECEIVES $33,000 PER YEAR FOR HOUSING ALLOWANCE AND USE OF PERSONAL RESIDENCE FOR SCHOOL FUNCTIONS, WHICH IS PAID THROUGH PAYROLL. |
| PART I, LINE 4A | THE AUDITED FINANCIAL STATEMENTS AND FORM 990 INCLUDE AN ACCRUAL OF $195,000 FOR A CONTRACTUAL OBLIGATION TO BRUCE POLLOCK, THE NOW FORMER HEAD OF SCHOOL. THIS PAYMENT AND HIS BENEFITS WILL BE PAID RATABLY OVER THE YEAR ENDING JUNE 30, 2013, AND WILL CEASE AT THAT DATE. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 943250488 | IssuerEIN |
| CUSIP Number | 130795VV6 | CUSIPNumber |
| Date Issued | 2008-08-14 | DateIssued |
| Issue Price | 4500000 | IssuePrice |
| Description Of Purpose | ACQUISITION, CONSTRUCTION, IMPROVEMENT OF THE SCHOOL | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 4500000 | TotalProceeds |
| Amount In Reserve Fund | 196000 | AmountInReserveFund |
| Issuance Costs From Proceeds | 272287 | IssuanceCostsFromProceeds |
| Year Of Subst Completion | 2008 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 1 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Post Issuance Compliance Procdrs | 0 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COMERICA BANK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 5.000000000000 | TermOfHedge |
| Superintegrated Hedge | 1 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | COMMITTEE MEETINGS WERE HELD AND MINUTES WERE NOT ALWAYS TAKEN, BUT NO COMMITTEE TOOK ACTION ON BEHALF OF THE GOVERNING BOARD. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE RETURN IS REVIEWED BY CFO AND HEAD OF SCHOOL BEFORE FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | TRUSTEES ARE REQUIRED TO SIGN A "CONFLICT OF INTEREST" STATEMENT EACH YEAR, AND DISCLOSE ANY POSSIBLE ACTIVITIES WHICH MAY CREATE A CONFLICT. | |
| FORM 990, PART VI, SECTION B, LINE 15 | WHEN THE SCHOOL HIRED ITS TOP MANAGEMENT OFFICIAL, IT USED A SEARCH FIRM AND DID SALARY BENCHMARKING WITH THE FIRM AT THAT TIME. SINCE THEN, SALARY INCREASES HAVE BEEN IN LINE WITH INDUSTRY STANDARDS. ADDITIONALLY, THE EXECUTIVE COMMITTEE HAS OVERSIGHT AND APPROVAL OF THE SALARY. | |
| FORM 990, PART VI, SECTION C, LINE 19 | COPIES AVAILABLE UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -388. UNREALIZED CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT 102,948. TOTAL TO FORM 990, PART XI, LINE 5: 102,560. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XI, LINE 2 (C) | THE FINANCE COMMITTEE OF THE BOARD OVERSEES THE AUDIT OF ITS FINANCIAL STATEMENTS. THERE IS NO CHANGE OF THE PROCESS FROM PRIOR YEARS. |