2026-04-27T16:05:32-05:00 2025-06-30 941254756 HOOD & STRONG LLP 2580 N 1ST ST STE 460 SAN JOSE CA 95131 990 2024-07-01 942371065 STERNE SCHOOL STER 4159226081 838 KEARNY STREET SAN FRANCISCO CA 94108 MELISSA MYERS HEAD OF SCHOOL 4159226081 2026-04-15 1 1 MAGA E KISRIEV P01008919 4089988400 2024 2025-03-06 01:10:19Z MELISSA MYERS 838 KEARNY STREET SAN FRANCISCO CA 94108 10661822 0 X WWW.STERNESCHOOL.ORG X 1976 CA BUILD ON THE FDTN OF INDIVIDUAL STRENGTHS TO DISCOVER & NURTURE EACH STUDENT'S VERSION OF GREATNESS. 15 15 74 12 0 0 527191 499024 8333908 8940291 181660 187030 -20115 -40911 9022644 9585434 1423459 1591024 0 0 5705479 6032470 0 0 300684 2364126 2425744 9493064 10049238 -470420 -463804 27959103 27721800 17133430 17299439 10825673 10422361 X STERNE SCHOOL IS THE PREMIER BAY AREA SCHOOL INSPIRING AND EMPOWERING STUDENTS THROUGH A STRENGTHS-BASED, STUDENT-CENTERED, 21ST CENTURY TAILORED LEARNING EXPERIENCE. STERNE FOSTERS RIGOROUS ACADEMIC ACHIEVEMENT THROUGH HIGH-SUPPORT FROM SPECIALLY TRAINED FACULTY. THE STERNE SCHOOL CURRICULUM PROMOTES INTELLECTUAL CURIOSITY, CREATIVITY, AND PROBLEM-SOLVING. 0 0 8200386 1591024 8940291 STEWARDED BY INNOVATIVE AND INCLUSIVE TEACHERS AND ADMINISTRATORS, STERNE SERVES UP TO 200 STUDENTS IN GRADES 4 THROUGH 12 IN A VIBRANT, URBAN CAMPUS, WITH FACILITIES AND PROGRAMS DESIGNED TO MAXIMIZE SELF-DISCOVERY THROUGH A DIVERSE, EXCITING, AND SUPPORTIVE EDUCATIONAL EXPERIENCE. 8200386 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 35 0 1 74 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X MELISSA MYERS 4159226081 838 KEARNY STREET SAN FRANCISCO CA 94108 ANDREW OWEN BOARD PRESIDENT (STARTING 4/30/25) 5.00 X X 0 0 0 CRAIG ZODIKOFF BOARD VP (STARTING 4/30/25) 5.00 X X 0 0 0 CHRIS TIMROTT BOARD TREASURER (STARTING 6/1/25) 5.00 X X 0 0 0 TARA BORLAND BOARD SECRETARY (STARTING 4/30/25) 5.00 X X 0 0 0 JOHN KUNZE BOARD PRESIDENT (THRU 4/30/25) 5.00 X X 0 0 0 CASSIE BAHAN BOARD VICE PRESIDENT (THRU 4/30/25) 5.00 X X 0 0 0 ERIC LAUTERBACH BOARD TREASURER (THRU 5/31/25) 5.00 X X 0 0 0 LAURIE HARDEN BOARD MEMBER 2.00 X 0 0 0 CLAUDIA LEED BOARD MEMBER 2.00 X 0 0 0 KAREN SHELTON BOARD MEMBER 2.00 X 0 0 0 ANNE FUNG BOARD MEMBER 2.00 X 0 0 0 AMEENAH HAYES BOARD MEMBER 2.00 X 0 0 0 LUDO THOMASSON BOARD MEMBER 2.00 X 0 0 0 GIOVANNI TORRE BOARD MEMBER 2.00 X 0 0 0 KRISTIN WINDLEY BOARD MEMBER 2.00 X 0 0 0 MELISSA MYERS HEAD OF SCHOOL 40.00 X 280881 0 16030 DANIELLE BONEQUI DIRECTOR OF FINANCE & BUSINESS 40.00 X 172614 0 7246 MATT POYNTER HEAD OF LOWER SCHOOL 40.00 X 177515 0 17346 CRAIG BREWER HEAD OF HIGH SCHOOL 40.00 X 177179 0 16889 CHRISTOPHER E MYERS DIR. OF ADVANCEMENT, MKT & COMMS 40.00 X 149376 0 13633 ALIA LONG ADMISSION DIRECTOR 40.00 X 141807 0 17362 SARAH RIDENOUR DIRECTOR OF LEARNING 40.00 X 127779 0 11665 1227151 0 100171 13 0 1 0 G&J CLEANING MAINTENANCE 1027 LODGEHILL LANE HOUSTON TX 77090 JANITORIAL 147128 ZACCA SECURITY SERVICES LLC 235 WEST PORTAL AVENUE NO 335 SAN FRANCISCO CA 94127 SECURITY 100920 2 142109 356915 13507 499024 TUITION AND FEES 611110 8937828 8937828 AUXILIARY PROGRAMS 611110 2463 2463 8940291 162034 162034 1026173 4350 1005527 0 20646 4350 24996 24996 29950 143198 70861 -40911 -40911 9585434 8940291 0 146119 1591024 1591024 498601 232658 265943 4580022 3526485 875932 177605 89157 70925 15658 2574 492055 391433 86415 14207 372635 296434 65442 10759 25979 25979 16513 16513 32300 32300 5653 5653 105859 32109 73750 40118 37591 1805 722 108168 101353 4868 1947 1140650 1109101 22535 9014 2366 2217 106 43 20629 19330 928 371 97799 97799 339763 318358 15289 6116 113306 106167 5099 2040 SCHOOL & SPECIAL EVENTS 176505 176505 INSTRUCTIONAL 95529 95529 STAFF DEVELOPMENT 19949 17980 1769 200 BAD DEBT EXPENSE 10451 10451 74207 69534 3337 1336 10049238 8200386 1548168 300684 963495 835175 3130417 3476166 62290 47732 4495588 4352251 182512 173063 10213672 1922581 8481764 8291091 894386 1011922 9748651 9534400 27959103 27721800 743255 838490 7083983 7024718 1689500 1692500 7616692 7743731 17133430 17299439 X 10075012 9667474 750661 754887 10825673 10422361 27959103 27721800 -463804 60492 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 606588 58941 665529 560325 46263 606588 556305 4020 560325 568960 -12655 556305 567737 1223 568960 0.00000 0.63000 0.37000 0 0 8903746 1043951 7859795 1309926 878630 431296 8291091 RIGHT-OF-USE LEASED ASSET 9534400 9534400 LEASE LIABILITY 7743731 7743731 X 8123776 60491 -1591023 -1530532 9654308 -68874 -68874 9585434 8527088 68874 68874 8458214 1591024 1591024 10049238 PART V, LINE 4: FOR ENDOWMENTS THAT DONORS HAVE NOT SPECIFICALLY DEFINED A SPENDING POLICY, STATE LAW ALLOWS THE SCHOOL TO APPROPRIATE SO MUCH OF NET APPRECIATION ON ENDOWMENT INVESTMENTS AS IS PRUDENT CONSIDERING THE SCHOOL'S LONG AND SHORT-TERM NEEDS, PRESENT AND ANTICIPATED FINANCIAL REQUIREMENTS, EXPECTED TOTAL RETURN ON ITS INVESTMENTS, PRICE LEVEL TRENDS, AND GENERAL ECONOMIC CONDITIONS. AMOUNTS APPROPRIATED FOR SPENDING MAY EXCEED ACTUAL REALIZED EARNINGS FROM ENDOWMENTS. THE SCHOOL HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR ITS PROGRAMS WHILE SEEKING TO MAINTAIN THAT PURCHASING POWER OF THE ENDOWMENT ASSETS. THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRODUCE RESULTS THAT MEET OR EXCEED THE RESULTS OF THE SCHWAB MONEY MARKET FUND, WHILE PRESERVING PRINCIPAL, AND PROVIDING A HIGH DEGREE OF LIQUIDITY WITH THE MAXIMUM TOTAL RETURN. PART X, LINE 2: THE SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION ASSISTANCE RECLASSIFIED TO EXPENSES -1,591,023. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES RECLASSIFIED TO REVENUE -68,874. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES RECLASSIFIED TO REVENUE 68,874. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE RECLASSIFIED TO EXPENSES 1,591,024. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED THROUGH THE SCHOOL'S WEBSITE. STERNE GALA 172059 142109 29950 37987 13998 5450 10796 172059 142109 29950 37987 13998 5450 10796 68231 -38281 1 TUITION ASSISTANCE 58 1591024 PART I, LINE 2: THE TUITION ASSISTANCE COMMITTEE IS COMPOSED OF THE HEAD OF SCHOOL, DIRECTOR OF ADMISSION, AND DIRECTOR OF FINANCE AND BUSINESS. ANALYSIS OF APPLICATIONS IS CONTRACTED THROUGH MISSION ENROLLMENT, A THIRD PARTY TUITION ASSISTANCE PROGRAM TEAM. THE COMMITTEE REVIEWS THE FAMILIES' APPLICATIONS, THE REPORTS FROM CLARITY, RECOMMENDATIONS FROM MISSION ENROLLMENT, AND SUPPORTING TAX DOCUMENTATION IN MAKING AWARD DETERMINATIONS. THE COMMITTEE MAY ALSO CONSIDER: -MITIGATING CIRCUMSTANCES (SUBMITTED IN WRITING OR ANECDOTALLY) -ABILITY OF FAMILY OR OTHER FAMILY MEMBERS TO MEET TUITION OBLIGATIONS -AWARDS ARE DISTRIBUTED BASED ON NEED AND ARE NOT TO EXCEED 85% OF TUITION AS A GENERAL RULE. IF WARRANTED, EXCEPTIONS CAN BE MADE. X X X 0 0 0 0 0 0 0 0 0 MELISSA MYERS HEAD OF SCHOOL 280363 0 518 0 0 0 8054 0 7976 0 296911 0 0 0 MATT POYNTER HEAD OF LOWER SCHOOL 177002 0 513 0 0 0 5321 0 12025 0 194861 0 0 0 CRAIG BREWER HEAD OF HIGH SCHOOL 176666 0 513 0 0 0 5216 0 11673 0 194068 0 0 0 DANIELLE BONEQUI DIRECTOR OF FINANCE & BUSINESS 172066 0 548 0 0 0 5175 0 2071 0 179860 0 0 0 CHRISTOPHER E MYERS DIR. OF ADVANCEMENT, MKT & COMMS 148828 0 548 0 0 0 3048 0 10585 0 163009 0 0 0 ALIA LONG ADMISSION DIRECTOR 141259 0 548 0 0 0 4264 0 13098 0 159169 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BUSINESS OFFICER FORWARDED A COMPLETE COPY OF THE FORM 990 TO THE CHAIR OF THE BOARD OF DIRECTORS FOR HIS REVIEW PRIOR TO FILING. ANY QUESTION WAS ADDRESSED BY THE BUSINESS OFFICER AND/OR THE ACCOUNTING FIRM. EACH MEMBER OF THE BOARD OF DIRECTORS WAS THEN PROVIDED A REVIEWED FORM 990 WITHOUT SCHEDULE B FOR THE PROTECTION OF DONOR CONFIDENTIALITY. THIS COPY IS AVAILABLE FOR PUBLIC REVIEW UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE BOARD AND KEY EMPLOYEES ARE REQUIRED TO REVIEW AND SIGN THE SCHOOL'S CONFLICT OF INTEREST POLICY. AS PART OF THE PROCESS, THEY ARE REQUIRED TO DISCLOSE IF THEY HAVE A KNOWN CONFLICT OF INTEREST WITH THE SCHOOL. ALL CONFLICTS ARE BROUGHT TO THE ATTENTION OF THE BOARD FOR REVIEW AND DETERMINATION OF ANY ACTION TO BE TAKEN RELATED TO THE POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD EVALUATES THE HEAD OF SCHOOL'S COMPENSATION. THE COMMITTEE IS COMPOSED OF THE BOARD CHAIR, VICE CHAIR, AND GOVERNANCE CHAIR. ACTIVITIES INCLUDE, EVALUATING THE HEAD OF SCHOOL'S COMPENSATION, SETTING GOALS IN CONJUNCTION WITH THE HEAD OF SCHOOL'S COMPENSATION, BENCHMARKING THE HEAD OF SCHOOL'S COMPENSATION VS. LOCAL PEER SCHOOLS, AND PROPOSING COMPENSATION THAT IS APPROVED BY THE BOARD. FOR THE 24-25 SCHOOL YEAR, THERE WERE NO OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D).