2026-05-11T12:44:19-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 2875 MICHELLE DRIVE 300 IRVINE CA 92606 990 2024-07-01 952084858 THE LAURENCE SCHOOL LAUR 8187824001 13639 VICTORY BOULEVARD VAN NUYS CA 91401 LAUREN WOLKE HEAD OF SCHOOL 8187824001 2026-05-09 1 1 LISA N RYSSEL CPA P00643670 7147955370 2024 2025-03-06 01:10:19Z LAUREN WOLKE 13639 VICTORY BOULEVARD VAN NUYS CA 91401 26742637 0 X WWW.LAURENCESCHOOL.COM X 1953 CA LAURENCE'S PURPOSE IS TO DEVELOP THE UNIQUE ABILITIES AND POTENTIAL OF EACH OF ITS STUDENTS. 24 24 102 60 0 0 3553195 4548596 15753180 16836990 623487 -51364 429554 -98246 20359416 21235976 795700 921811 0 0 10317459 11467823 0 0 424537 6906639 6166219 18019798 18555853 2339618 2680123 53608085 56987326 15834924 14464269 37773161 42523057 X LAURENCE ENDEAVORS TO DEVELOP THE UNIQUE ABILITIES AND POTENTIAL OF EACH OF ITS STUDENTS IN A DIVERSE, INCLUSIVE AND SUPPORTIVE LEARNING COMMUNITY, WHERE RICH TRADITIONS AND AN INNOVATIVE CURRICULUM FOSTER EDUCATIONAL EXCELLENCE AND JOY IN LEARNING, PRIDE IN ONESELF, INTEGRITY, MUTUAL RESPECT AND A COMMITMENT TO THE "TOTAL CHILD." 0 0 13592948 921811 15584362 DURING 24-25, LAURENCE PROVIDED QUALITY EDUCATION TO APPROXIMATELY 377 DAY STUDENTS IN KINDERGARTEN THROUGH GRADE 6. 359836 0 735535 DURING 24-25, LAURENCE PROVIDED AFTER SCHOOL ACADEMIC, DRAMA, ART ATHLETIC CLASSES AND PROGRAMS WITH AROUND 555 SESSION ENROLLMENTS. 306004 0 517093 DURING 24-25, LAURENCE PROVIDED SUMMER ACADEMIC, DRAMA, ART, ATHLETIC CLASSES AND PLAYGROUND ACTIVITES WITH AN AVERAGE ENROLLMENT OF 760 STUDENTS AND COUNSELOR-IN-TRAININGS PER WEEK. 14258788 1 1 0 0 0 0 0 0 0 1 1 0 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 1 0 0 0 0 1 71 0 1 102 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X SHAWN SHAHMIRI 8187824001 13639 VICTORY BLVD VAN NUYS CA 91401 MICHAEL LIFRAK CHAIR 10.00 X X 0 0 0 JAKE BLUMENTHAL TREASURER 5.00 X X 0 0 0 CHANNING POWER SECRETARY 5.00 X X 0 0 0 TERRENCE BARNUM TRUSTEE 2.00 X 0 0 0 JULIE BOWEN TRUSTEE 2.00 X 0 0 0 LOUIS FRIEDEL TRUSTEE 2.00 X 0 0 0 ALVIN GALSTIAN TRUSTEE 2.00 X 0 0 0 JEFF HUBERTS TRUSTEE 2.00 X 0 0 0 CHRIS JONES TRUSTEE 2.00 X 0 0 0 NATHAN KAHANE TRUSTEE 2.00 X 0 0 0 KERRY KENNEDY TRUSTEE 2.00 X 0 0 0 EDGAR KHALATIAN TRUSTEE 2.00 X 0 0 0 DARRELL LANE TRUSTEE 2.00 X 0 0 0 BOBBY LEE TRUSTEE 2.00 X 0 0 0 KELLY LYNCH TRUSTEE 2.00 X 0 0 0 LANA SAFOIAN TRUSTEE 2.00 X 0 0 0 LISA SABLE TRUSTEE 2.00 X 0 0 0 PRISCILLA SANDS TRUSTEE 2.00 X 0 0 0 STEFANIE SCHWARTZ-MENDELSOHN TRUSTEE 2.00 X 0 0 0 STEVEN SERRATORE TRUSTEE 2.00 X 0 0 0 SHEILA VASAN TRUSTEE 2.00 X 0 0 0 SHARON WALTER GOLDSMITH TRUSTEE 2.00 X 0 0 0 JILLIAN WEINSTEIN TRUSTEE 2.00 X 0 0 0 DENISE WONG TRUSTEE 2.00 X 0 0 0 LAUREN WOLKE HEAD OF SCHOOL 40.00 X 564933 0 52263 SHAHRIAR SHAHMIRI CHIEF FINANCIAL OFFICER 40.00 X 253820 0 21259 GARY STERN COO 40.00 X 281279 0 22591 ELIZABETH SIVERMAN LOWER DIVISION DIRECTOR 40.00 X 170750 0 36811 RONALD REDMOND DIRECTOR OF ATHLETICS 40.00 X 173744 0 21003 CHRISTINA RIOS DIRECTOR OF DEI & CURRICULUM 40.00 X 134818 0 33769 LORELIE KAPLAN CONTROLLER 40.00 X 125317 0 51948 1704661 0 239644 30 0 1 0 DEL AMO CONSTRUCTION 23840 MADISON STREET TORRANCE CA 90505 CONSTRUCTION OF NEW MODULES 1622343 FRANKLIN GLOBAL 200 S WILCOX STREET CASTLE ROCK CO 80104 SECURITY 1019881 STUDENT TRANSPORTATION OF AMERICA PO BOX 51691 LOS ANGELES CA 90051 BUS (STUDENT TRANSPORTATION) 603630 JACKSON PAIGE INTERIORS INC 8665 HOLLOWAY PLAZA DRIVE WEST HOLLYWOOD CA 90069 INTERIOR AND EXTERIOR DESIGNER 419394 SANDLOT HOMES 17328 VENTURA BLVD 201 ENCINO CA 91316 CONSTRUCTION 329056 7 525778 471510 3551308 39531 4548596 TUITION AND FEES 611710 15578912 15578912 SUMMER SCHOOL 611710 737409 737409 AFTER SCHOOL CLASS 611710 496138 496138 AFTER SCHOOL CARE 611710 24531 24531 16836990 246728 246728 326750 366391 -39641 -39641 -39641 4277534 4575626 -298092 -298092 -298092 404428 525778 526486 -122058 -122058 40747 38158 2589 2589 OTHER INCOME 611710 60864 60864 60864 21235976 16836990 0 -149610 921811 921811 920113 323039 435555 161519 8352343 6717112 1499383 135848 486972 413361 69266 4345 1064447 754687 298134 11626 643948 515159 109471 19318 33185 59 33067 59 15771 15771 47520 47520 133386 133386 1124776 1088122 32799 3855 43178 43178 283543 199779 67895 15869 99376 86050 13072 254 2279388 1735755 529648 13985 132039 124605 7434 35025 26123 8902 277321 222499 54662 160 1028259 863737 154239 10283 ALL OTHER EXPENSES 485535 193032 245087 47416 BAD DEBT 74059 74059 TEXTBOOKS 73858 73858 18555853 14258788 3872528 424537 1620185 1228710 3087117 7072306 355161 714702 208968 210003 163720 173822 44822396 15982065 26695220 28840331 19985376 17537646 1492338 1209806 53608085 56987326 1054692 998218 3086975 2820925 9640677 9391419 2052580 1253707 15834924 14464269 X 32646615 38218242 5126546 4304815 37773161 42523057 53608085 56987326 2680123 2069773 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3051106 380577 195375 125000 3502058 2439314 403200 308592 100000 3051106 1797110 430513 211691 2439314 1865155 192060 -260105 1797110 1304266 358783 266306 64200 1865155 0.11965 0.65621 0.22414 0 0 963725 15192774 16156499 2648691 17607729 11389793 8866627 5155510 4592272 563238 3253967 3253967 28840331 OTHER LIABILITIES 31809 ACCRUED RETIREMENT BENEFITS 124500 LEASE LIABILITIES 1097398 1253707 X 22655101 2069773 -921811 1147962 21507139 133386 -404549 -271163 21235976 17905205 404549 404549 17500656 133386 921811 1055197 18555853 PART V, LINE 4: THE JACOBSON SCHOLARSHIP FUND CONSISTS OF DONOR-RESTRICTED FUNDS TO SUPPORT THE FINANCIAL AID PROGRAM OF THE SCHOOL. THE BOARD OF TRUSTEES HAS ALSO DESIGNATED UNRESTRICTED FUNDS TO FUNCTION AS A BOARD-DESIGNATED ENDOWMENT WITH NO SPECIFIC DESIGNATION. PART X, LINE 2: THE LAURENCE SCHOOL HAS RECEIVED FAVORABLE DETERMINATION LETTERS INDICATING IT IS EXEMPT FROM FEDERAL INCOME TAXES AND CALIFORNIA FRANCHISE TAXES AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. 6416 WOODMAN, LLC AND SMITH FAMILY TR INCOME 4, LLC ARE LIMITED LIABILITY COMPANIES (LLC) AND PROVISION HAS BEEN MADE FOR STATE INCOME TAX LIABILITIES SINCE SUCH LIABILITIES ARE THE RESPONSIBILITY OF THE SCHOOL. THE LLC IS SUBJECT TO CALIFORNIA MINIMUM TAX OF $800 AND ALSO AN ANNUAL FEE WHICH IS BASED ON THE TOTAL INCOME. U.S. GAAP PROVIDES ACCOUNTING AND DISCLOSURE GUIDANCE REGARDING UNCERTAIN TAX POSITIONS TAKEN BY AN ORGANIZATION. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL POSITIONS TAKEN BY THE SCHOOL ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -921,811. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE -366,391. COST OF GOODS SOLD -38,158. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 366,391. COST OF GOODS SOLD 38,158. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 921,811. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 AN ANNOUNCEMENT IS PUBLISHED ANNUALLY IN THE LOS ANGELES TIMES THAT DECLARES THE SCHOOL'S NONDISCRIMINATION POLICY. SPRING EVENT 622028 525778 96250 161775 56928 101409 71928 HOLIDAY BOUTIQUE 29993 29993 6280 1664 1 278185 278185 126502 930206 525778 404428 168055 56928 101409 200094 526486 -122058 1 FINANCIAL AID 45 921811 N/A N/A PART I, LINE 2: THE SCHOOL OFFERS NON-REPAYABLE FINANCIAL AID GRANTS TOWARD THE ANNUAL TUITION OF THE SCHOOL TO STUDENTS WHO QUALIFY FOR SUCH GRANTS BASED ON THEIR FAMILY'S FINANCIAL NEEDS. THE APPLICATION FOR FINANCIAL AID IS EVALUATED BY A THIRD PARTY INDEPENDENT FINANCIAL AID REVIEW AGENCY. X X X X X X 0 0 0 0 0 0 0 1 0 LAUREN WOLKE HEAD OF SCHOOL 422933 0 142000 0 0 0 26400 0 25863 0 617196 0 0 0 GARY STERN COO 269708 0 11571 0 0 0 21680 0 911 0 303870 0 0 0 SHAHRIAR SHAHMIRI CHIEF FINANCIAL OFFICER 228320 0 25500 0 0 0 19700 0 1559 0 275079 0 0 0 ELIZABETH SIVERMAN LOWER DIVISION DIRECTOR 162462 0 8288 0 0 0 13884 0 22927 0 207561 0 0 0 RONALD REDMOND DIRECTOR OF ATHLETICS 163334 0 10410 0 0 0 4800 0 16203 0 194747 0 0 0 LORELIE KAPLAN CONTROLLER 125317 0 0 0 0 0 11219 0 40729 0 177265 0 0 0 CHRISTINA RIOS DIRECTOR OF DEI & CURRICULUM 134818 0 0 0 0 0 6150 0 27619 0 168587 0 0 0 PART I, LINE 3 ANALYZE FORM 990 OF OTHER SIMILAR SCHOOLS TO ASSIST WITH BENCHMARKING. PART I, LINE 7 NET BONUSES ARE DETERMINED AND THEN GROSSED UP TO ACCOUNT FOR THE APPLICABLE PAYROLL TAXES. LAURIE WOLKE BONUS IS AT THE DISCRETION OF THE BOARD. ALL OTHER EMPLOYEES' BONUS IS AT THE DISCRETION OF LAURIE WOLKE. A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 2020-12-22 10771200 REFINANCE OUTSTANDING PROMISE. NOTE & TAX-EXEMPT LOAN WITH TAX-EXEMPT LOAN. 0 0 0 A 1113138 10771200 118509 10652691 2021 1 0 1 1 A 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 0 0 0 1 A 1 X 8 39531 MARKET PRICE 0 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPORTED IS BASED ON THE NUMBER OF DONATIONS RECEIVED FROM CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF TRUSTEES ESTABLISH COMMITTEES AND DELEGATE CERTAIN AUTHORITY TO THEM. TO THE EXTENT AUTHORIZED BY THE BOARD, A COMMITTEE (SUCH AS AN EXECUTIVE COMMITTEE) MAY BE GRANTED AUTHORITY TO ACT ON BEHALF OF THE BOARD. HOWEVER, SUCH AUTHORITY IS LIMITED AND DOES NOT EXTEND TO ACTIONS RESERVED TO THE FULL BOARD (E.G., AMENDING BYLAWS, FILLING BOARD VACANCIES). IF AN EXECUTIVE COMMITTEE IS IN PLACE AND AUTHORIZED IN THIS MANNER, IT WOULD OPERATE UNDER BOARD OVERSIGHT AND MAINTAIN RECORDS OF ITS MEETINGS AND ACTIONS. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE ORGANIZATION 990 IS PROVIDED TO ENTIRE MEMBERS OF THE BOARD OF TRUSTEES FOR THEIR REVIEW AND APPROVAL BEFORE FILING WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS AND OFFICERS, WITH A DIRECT OR INDIRECT CONFLICTING INTEREST INCLUDING ANY FINANCIAL INTEREST, ARE REQUIRED TO COMPLY WITH THE CONFLICT OF INTEREST POLICY AND COMPLETE AN ANNUAL STATEMENT REPORTING ANY POTENTIAL CONFLICTS. ANY OFFICER, TRUSTEE/DIRECTOR, OR EMPLOYEE (INCLUDING FACULTY AND STAFF) OR COMMITTEE MEMBER SHALL MAKE A PROMPT, FULL AND FRANK DISCLOSURE OF HIS OR HER INTEREST TO THE CHAIR, BOARD OF TRUSTEES/DIRECTORS, OR RELEVANT COMMITTEE PRIOR TO ITS ACTING ON SUCH CONTRACT OR TRANSACTION. THE BOARD OF TRUSTEES/DIRECTORS, OR ANOTHER COMMITTEE DESIGNATED BY THE FULL BOARD, OR THE HEAD OF SCHOOL IN THE CASE OF AN EMPLOYEE, TO WHICH SUCH DISCLOSURE IS MADE SHALL THEREUPON DETERMINE, CONSIDERING IN ITS OR HIS OR HER DISCRETION THE ADVICE OF LEGAL COUNSEL, WHETHER THE DISCLOSURE SHOWS THAT A CONFLICT OF INTEREST EXISTS OR CAN BE CONSTRUED TO EXIST. IF A CONFLICT IS DEEMED TO EXIST, SUCH PERSON SHALL NOT VOTE ON, NOR USE HIS OR HER PERSONAL INFLUENCE ON, NOR PARTICIPATE (OTHER THAN TO PRESENT FACTUAL INFORMATION OR TO RESPOND TO QUESTIONS) IN THE DISCUSSIONS OR DELIBERATIONS OR BOARD VOTE WITH RESPECT TO SUCH CONTRACT OR TRANSACTION. THE MINUTES OF THE MEETING SHALL REFLECT THE DISCLOSURE MADE, THE VOTE THEREON, AND, WHERE APPLICABLE, THE ABSTENTION FROM VOTING AND PARTICIPATION, AND WHETHER A QUORUM WAS PRESENT. CONFLICT OF INTEREST POLICY IS STATED IN THE PERSONNEL HANDBOOK FOR EMPLOYEES WHO ARE TO SIGN AN ACKNOWLEDGEMENT STATING THEY HAVE READ AND WILL COMPLY WITH THE POLICIES COVERED BY THE PERSONNEL HANDBOOK. MEMBERS OF THE BOARD OF TRUSTEES HOWEVER ARE TO SIGN AN ANNUAL DOCUMENT IDENTIFYING AND NOTIFYING THE GOVERNING BOARD OF ANY POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEE DETERMINES COMPENSATION OF THE CEO BASED ON THE DATA GATHERED FROM PROFESSIONAL SURVEY AND TRENDS (NATIONAL AND LOCAL). THEY MAKE A COMPARATIVE ANALYSIS ON THE CEO SALARY AMONGST SCHOOLS IN THE AREA WITH THE SAME NUMBER OF STUDENTS AND SAME GRADES. THEY ALSO COLLECT DATA FROM THE FORM 990 OF COMPETITIVE SCHOOLS AND DETERMINE THE COMPENSATION OF THE CEO. THE PROCESS WAS LAST CONDUCTED IN FY 2024-2025 SCHOOL YEAR. THE HEAD OF SCHOOL APPLIES THE SAME PROCESS IN DETERMINING THE COMPENSATION FOR OTHER OFFICERS, KEY, AND HIGHLY COMPENSATED EMPLOYEES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. 6416 WOODMAN LLC 13639 VICTORY BOULEVARD VAN NUYS CA 91401 474136255 ACQUIRING, OPERATING AND TRANSFERRING PROPERTY ON BEHALF OF LAURENCE SCHOOL CA 232719 0 THE LAURENCE SCHOOL SMITH FAMILY TR INCOME 4 LLC 4348 VAN NUYS BOULEVARD 204 VAN NUYS CA 91403 874019022 ACQUIRING, OPERATING AND TRANSFERRING PROPERTY ON BEHALF OF LAURENCE SCHOOL CA 91801 0 THE LAURENCE SCHOOL