2011-05-09T12:11:16-05:00 2010-06-30 Armanino McKenna LLP 12667 Alcosta Boulevard Suite 500 San Ramon CA 945834427 990 2009-07-01 952816435 Marlborough School MARL 3239351147 250 S Rossmore Avenue Los Angeles CA 90004 Barbara E Wagner 3239648433 2011-04-13 1 BARBARA CYPHERS 9257902600 2009 2016-02-24 21:20:13Z Barbara E Wagner 250 S Rossmore Avenue Los Angeles CA 90004 31479900 0 X www.marlboroughschool.org X 1889 CA Marlborough School is an independent, urban day school serving a diverse group of women. 23 23 182 100 13348 0 7947600 5358100 16623300 17336700 -1240448 468900 -263000 -372600 23067452 22791100 1820876 2103200 0 12342934 12671600 0 2348700 7636542 10048800 21800352 24823600 1267100 -2032500 113198700 126472100 13955400 27428500 99243300 99043600 Marlborough School, founded in 1889, is an independent, urban day school serving a diverse group of young women. The School is committed to delivering a superior college preparatory education in an environment imbued with high ethical values. Marlborough believes that, for women, academic excellence, leadership skills, and confidence flourish best in a school exclusively devoted to their education. The Marlborough community enables each student to develop her fullest potential so that she may contribute in a global society. 0 0 19834900 2103200 17336700 Marlborough School is an independent urban day school for young women. The School delivers a superior college preparatory education to approximately 530 students. 19834900 1 1 0 0 0 0 1 0 1 1 1 0 1 0 0 0 0 0 0 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 92 0 1 182 1 1 1 1 VI 0 0 0 0 0 0 0 23 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X Julia Yzaguirre Assc Dir of Finance and Business Affairs 3239351147 250 S Rossmore Avenue Los Angeles CA 90004 Carol J Bennett MD 1.00 X X 0 0 0 James J Shelton Jr 1.00 X X 0 0 0 Patricia McKeever MD 1.00 X X 0 0 0 Palmer N Murray 1.00 X X 0 0 0 Judy Belk 1.00 X 0 0 0 John B Emerson 1.00 X 0 0 0 Christine C Ewell 1.00 X 0 0 0 Laura Horton Furey 1.00 X 0 0 0 Maureen Haight Gee 1.00 X 0 0 0 Cathleen Hession 1.00 X 0 0 0 Kenneth Karmin 1.00 X 0 0 0 Lydia H Kennard 1.00 X 0 0 0 Laura Noll La Shelle 1.00 X 0 0 0 Kara Lew Larew 1.00 X 0 0 0 Jennifer Cook Lewis 1.00 X 0 0 0 Gretchen Hartnack Milligan 1.00 X 0 0 0 Michael Parks 1.00 X 0 0 0 Robert Ralphs 1.00 X 0 0 0 Helen Lho Ryu 1.00 X 0 0 0 Peter Shoemaker 1.00 X 0 0 0 Eric Siegel 1.00 X 0 0 0 Kathy Smith 1.00 X 0 0 0 Katherine Marik Thompson 1.00 X 0 0 0 Barbara E Wagner 50.00 X 345000 0 206755 Nicola Hernandez 50.00 X 244000 0 25214 Laura Hotchkiss 50.00 X 222718 0 24948 Bob Bryan 50.00 X 167860 0 19540 Megan Murphy 50.00 X 177108 0 19000 Jeanette Woo Chitjian 50.00 X 138000 0 19625 Chris Talone 50.00 X 133870 0 14441 Julia Yzaguirre 50.00 X 135700 0 12053 Julie Napoleon 50.00 X 126675 0 15919 John Langdon 50.00 X 123154 0 17061 1814085 0 374556 22 0 1 0 Matt Construction Corporation 9814 Norwalk Boulevard Suite 100 Sante Fe Springs CA 90670 General Contractor 20096215 Gruen Associates 6330 San Vicente Blvd Suite 200 Los Angeles CA 90048 Architecture/Consulting 649194 Tumbleweed Transportation PO Box 49291 Los Angeles CA 90049 Transportation Services 392851 Pacific Building Care PO Box 80199 City of Industry CA 91716 Janatorial Services 266614 Corporate Coach Charter PO Box 88688 Los Angeles CA 90009 Transportation Services 264048 20 5358100 410265 5358100 Tuition & Fees 611110 15691700 15691700 Auxiliary Services 611110 1645000 1645000 17336700 1087800 13348 1074452 225300 597900 -372600 -372600 -372600 7472000 6708300 1382600 763700 -1382600 -618900 -618900 22791100 17336700 13348 82952 2103200 2103200 1249636 486728 524500 238408 9137464 7305472 1030600 801392 604500 468100 80000 56400 930500 666000 132700 131800 749500 584500 93100 71900 53200 31200 16800 5200 51800 51800 97900 97900 681100 124400 46300 510400 537000 537000 2575000 2317500 206000 51500 9400 5500 3000 900 163000 133400 14900 14700 2745200 2470700 219600 54900 441700 397600 35300 8800 Instructional 1743100 1743100 Miscellaneous 652100 162200 87500 402400 Student Activities 298300 298300 24823600 19834900 2640000 2348700 1835 1850 3840035 13751650 10242300 3291300 86600 129100 223300 251708 87712700 13026200 27037919 74686500 25535133 31900300 4263397 1563500 41968181 896192 113198700 126472100 7083700 2500400 2546800 9900700 4324900 15027400 13955400 27428500 X 70236500 63095900 9915000 16238400 19091800 19709300 99243300 99043600 113198700 126472100 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 200000 X 0 35108800 617500 3333100 1115300 -323300 38267400 41295900 257700 -5394000 1050800 35108800 0.17930 0.82070 1 0 13709000 13709000 60686700 9281000 51405700 269600 269600 0 13047400 3475600 9571800 74686500 22791100 24823600 -2032500 1832800 1832800 -199700 22422800 1832800 1832800 20590000 2201100 2201100 22791100 22622500 0 22622500 2201100 2201100 24823600 Part III, Line 4: The School possesses two sculptures, one entitled, "The Dancers" and the other "Dolphin." The pieces were donated to the School for the purpose of public display. Part V, Line 4: Description of Intended Use of Endowment Funds: The School intends to use the endowment funds as per donor designated uses, such as financial aid, employee compensation and student programs. Part X: Description of Uncertain Tax Positions Under FIN 48: The school has evaluated its current tax positions and has concluded that as of June 30, 2010, the School does not have any significant uncertain tax positions for which a reserve would be necessary. Part XII, Line 4b - Other Adjustments: Financial Aid: 2103200. Investment Management Fees netted with Investment Income: 97900. Part XIII, Line 4b - Other Adjustments: Financial Aid: 2103200. Investment Management Fees netted with Investment Income: 97900. 1 1 1 A "Notice of Nondiscriminatory Policy as to Students" is published annually during the School's admissions period in several area editions of the Los Angeles Times and the Daily News. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 Financial Aid 94 2103200 FMV Financial Aid for students attending Marlborough School. Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The Board of Trustees is responsible for the review of policies governing financial aid for students in the school. The Financial Aid Committee is responsible for recommending changes in policy to the Board for its consideration, as well as determining the distribution of budgeted financial aid funds among qualified applicants and among competing needs. The Committee reports to the Board on a regular basis regarding the financial aid process and award decisions. Financial aid at Marlborough School is awarded based on a family's demonstrated financial need. A student should never be awarded aid in excess of her need, as assessed by the Financial Aid Committee after utilizing all available information. Other factors are also considered, such as the School's current enrollment needs, the distribution of financial aid through grade levels, and individual merit. When considering financial aid re-application (annually), the Committee, assuming that the student otherwise qualifies for financial aid based upon the School's existing criteria for need, considers: A) The student's active participation in and positive contribution to the School community. B) The student's ability to consistently meet her academic potential, as assessed by her teachers, Division Director, and the Head of School. X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 Barbara E Wagner 345000 0 0 0 0 0 197000 0 9755 0 551755 0 0 0 Nicola Hernandez 244000 0 0 0 0 0 16000 0 9214 0 269214 0 0 0 Laura Hotchkiss 222718 0 0 0 0 0 16000 0 8948 0 247666 0 0 0 Bob Bryan 167860 0 0 0 0 0 11690 0 7850 0 187400 0 0 0 Megan Murphy 177108 0 0 0 0 0 10727 0 8273 0 196108 0 0 0 Jeanette Woo Chitjian 138000 0 0 0 0 0 11040 0 8585 0 157625 0 0 0 Part I, Line 1a As per her contract, the Head of School is required to occupy School-owned housing adjacent to the School where she also regularly entertains for School-related functions. As such, housecleaning services are provided as needed. Additionally, per her contract, the Head of School is to be a member of a social club where the School pays the dues. Part I, Line 4a Barbara Wagner, Head of School, participates in a 457(f) deferred compensation plan. She received $175,000 in the fund during 2009. california infrastructure and economic development bank 630304653 2008-06-04 25000000 Construction, furnishing and equipping of facility addition 0 0 25000000 9972580 15027420 2010 0 0 0 1 0 0 1 0 1 0.00000 0.00000 0.00000 0 0 1 0 0 0 0 X 27 410265 FMV 0 1 1 Third Party Use: Part I, Line 32b: Gifts of stock are received at a brokerage firm and upon direction are sold immediately. All funds are deposited into the School's account. Form 990, Part VI, Section B, line 11 The process begins with management's review of the forms in detail. The School's Audit Committee of the Board of Trustees then reviews the public version of the 990 (exclusive of Schedule B) in detail and presents an update to the full Board of Trustees. The public version of the 990 is posted to the secure portal of the School's website where trustees can review it. The donor information (Schedule B) is only reviewed by the Head of School, Director of Finance and Operations, and the Associate Director of Finance and Business Affairs. Form 990, Part VI, Section B, line 12c Annually, each employee, and each member of the Board of Trustees, is required to complete a Conflict of Interest Form. Additionally, at least once during the school year, the Head of School reminds all employees of the policy along with the reminder to report any gifts or gifts in kind. Finally, at least once a year, the Head of School reports to the Executive Committee on any potential conflicts and how they have been addressed. Form 990, Part VI, Section B, line 15 For the Head of School: a compensation review is conducted every year by an independent consultant who in turn discusses the findings with the Executive Committee of the Board of Trustees and prepares a safe harbor letter. For key employees, schedules are created comparing salaries of persons in similar positions at other independent schools. This is provided to the Head of School who then determines compensation for each key employee. Form 990, Part VI, Section C, line 19 The School makes these documents available upon request. Form 990, Part XI, Line 2c The process has not changed from the prior year.