2026-07-13T17:28:17-05:00 2025-08-31 946214841 ARMANINO ADVISORY LLC 50 W SAN FERNANDO ST STE 500 SAN JOSE CA 95113 990 2024-09-01 770451623 ALMADEN COUNTRY DAY SCHOOL ALMA 4089970424 6835 TRINIDAD DRIVE SAN JOSE CA 95120 RONALD SIPOREN CFO/COO 4089970424 2026-07-13 1 1 MATTHEW PETROSKI P00853132 4082006400 2026-06-30 2024 2025-03-06 01:10:19Z RONALD SIPOREN 6835 TRINIDAD DRIVE SAN JOSE CA 95120 18804282 0 X WWW.ALMADENCOUNTRYDAYSCHOOL.ORG X 1982 CA TO PROVIDE A GIFTED EDUCATION FOR EVERY CHILD, PRE-SCHOOL THROUGH JUNIOR HIGH. 16 16 176 216 0 0 898125 911603 16190926 17027003 140016 129828 208630 247325 17437697 18315759 1019421 933489 0 0 11862192 11932326 0 0 286462 5712753 5707576 18594366 18573391 -1156669 -257632 62386391 62708209 54467273 55121159 7919118 7587050 THE MISSION OF ALMADEN COUNTRY DAY SCHOOL IS TO DISCOVER THE GIFTS IN EVERY CHILD BY PROVIDING A SAFE AND AFFIRMING ENVIRONMENT FOR LEARNING, EMPOWERING CHILDREN TO STRIVE, EXPLORE AND BUILD A SENSE OF PERSONAL VALUE. 0 0 14425640 933489 17027003 THE SCHOOL OFFERS A TRADITIONAL LIBERAL ARTS AND SCIENCES EDUCATION THAT INCLUDES RIGOROUS ACADEMICS, CONTINUITY OF CURRICULUM, BROAD ENRICHMENT PROGRAMS, AND FOCUS ON THE INDIVIDUAL. 424 STUDENTS ENROLLED IN FY 24-25. 14425640 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 42 0 1 176 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X RONALD SIPOREN CFOCOO 4089970424 6835 TRINIDAD DRIVE SAN JOSE CA 95120 ROUVIERE DE WAAL PHD BOARD CHAIR 2.00 X X 0 0 0 ADAM LAPONIS VICE CHAIR 2.00 X X 0 0 0 THERESA REMAKER SECRETARY 1.00 X X 0 0 0 MICHELLE AHLGREN TRUSTEE 1.00 X 0 0 0 KALYAN BALAVEN TRUSTEE 1.00 X 0 0 0 PATRICE BEARD TRUSTEE 1.00 X 0 0 0 JENNIFER BILLANTE TRUSTEE 1.00 X 0 0 0 GENE COOK TRUSTEE 1.00 X 0 0 0 MIKE FRANKS TRUSTEE 1.00 X 0 0 0 JEREMY HARTMAN TRUSTEE 1.00 X 0 0 0 STEVE HUHN TRUSTEE 1.00 X 0 0 0 DAMONE JORDAN TRUSTEE 1.00 X 0 0 0 SYMA LATIF TRUSTEE 1.00 X 0 0 0 JEREMIAH NJOROGE TRUSTEE 1.00 X 0 0 0 ZENA OLSEN TRUSTEE 1.00 X 0 0 0 KATIE TUVELL TRUSTEE 1.00 X 0 0 0 DANNY WHITE TRUSTEE (THRU 06/25) 1.00 X 0 0 0 JOSEPH BILLANTE FINANCE CHAIR (THRU 6/25) 1.00 X 0 0 0 BARNEY JORGENSON HEAD OF SCHOOL 40.00 X 485089 0 157347 RONALD SIPOREN CFO/COO 40.00 X 307952 0 23374 JEREMY ADAMS HEAD OF MIDDLE SCHOOL 40.00 X 168540 0 16662 CECILIA ROBB HEAD OF THE LEARNING CENTER 40.00 X 159940 0 23193 JENNIFER GLASSER ASSOCIATE HEAD OF SCHOOL 40.00 X 173825 0 5137 CATHERINE WESTON ASSIST HEAD OF MIDDLE SCHOOL 40.00 X 157453 0 12563 JANE MURPHY HEAD OF ECE & ELEMENTARY 40.00 X 154190 0 15356 1606989 0 253632 21 0 1 0 HINES BUILDING MAINTENANCE 91 LOST LAKE LANE CAMPBELL CA 95008 JANITORIAL SERVICES 439091 ARMANINO LLP PO BOX 744935 LOS ANGELES CA 90074 ACCOUNTING SERVICES 120575 2 28500 883103 59436 911603 TUITION & RELATED FEES 611110 16008506 16008506 EXTENDED CARE & SUMMER 611110 691784 691784 AFTER SCHOOL & SPORTS 611110 266525 266525 OTHER 611110 60188 60188 17027003 148563 148563 3225 0 3225 3225 3225 306926 320891 4770 -13965 -4770 -18735 -18735 363136 28500 101828 261308 261308 16518 8125 8393 8393 25162 52909 -27747 -27747 MISC INCOME 611110 2146 2146 2146 18315759 17027003 0 377153 933489 933489 994571 49727 845578 99266 9194062 7839309 1348385 6368 262249 240177 22072 913082 667841 245241 568362 522724 39489 6149 50590 50590 106382 106382 17215 17215 107483 48661 58822 116372 250 115042 1080 624107 164862 358851 100394 207640 118657 83497 5486 2409460 2365149 19687 24624 40760 17786 22522 452 26555 4360 21867 328 321246 321246 1141390 1096325 33651 11414 109418 109418 SCHOOL PROGRAMS 276586 276586 FURNITURE & EQUIPMENT 121471 79737 41734 OTHER EVENT EXPENSES 30901 30901 18573391 14425640 3861289 286462 2224876 2745331 3064262 3356211 21974 24975 7997770 8376438 248594 326838 29234002 5038610 24775292 24195392 1701180 1589723 22352443 22093301 62386391 62708209 1105860 1182777 6420932 6900899 12412967 12087188 138134 94367 110748 82525 34278632 34773403 54467273 55121159 X 7642922 7412132 276196 174918 7919118 7587050 62386391 62708209 X -257632 194323 -268759 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27364307 4090739 23273568 724659 445384 279275 1145036 502487 642549 24195392 DEPOSITS 104584 CITY NATL 457 PLAN 438732 RIGHT-OF-USE ASSETS 21549985 22093301 457(F) PAYABLE 453780 CONTRACT LIABILITY 8171316 LEASE LIABILITIES 25771938 APPLE COMPUTER LEASE 48808 REFUNDABLE ADVANCE 327561 34773403 X 17174667 194323 61034 255357 16919310 17215 1379234 1396449 18315759 17506735 61034 61034 17445701 17215 1110475 1127690 18573391 PART X, LINE 2: THE SCHOOL IS A QUALIFIED SCHOOL EXEMPT FROM FEDERAL INCOME AND CALIFORNIA FRANCHISE TAXES UNDER THE PROVISIONS OF SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. THE SCHOOL'S MANAGEMENT HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF AUGUST 31, 2025, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: COGS 52,909. GAMING EXPENSES 8,125. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 933,489. INTEREST RATE SWAP AGREEMENT 268,759. OTHER EVENT EXPENSES 30,901. EMPLOYEE BENEFITS BOOKED IN REVENUE 146,085. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS 52,909. GAMING EXPENSES 8,125. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 933,489. OTHER EVENT EXPENSES 30,901. EMPLOYEE BENEFITS BOOKED IN REVENUE 146,085. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ALMADEN COUNTRY DAY SCHOOL PROVIDES A NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS AT THE BOTTOM OF ITS WEBSITE LANDING PAGE AT ALL TIMES. AUCTION GALA 390443 28500 361943 6877 33773 19103 41663 BOOK FAIRE 1193 1193 413 391636 28500 363136 6877 33773 19103 42076 101829 261307 16518 1240 6885 1 0.72730 16518 1240 6885 8125 8393 CA 0 NO LICENSING NECESSARY. 0 0 0 1.00000 0.00000 KIMBERLY AHLGREN 6835 TRINIDAD DRIVE SAN JOSE CA 95120 0 0 1 TUITION ASSISTANCE 66 927789 FMV DIRECT CREDIT TO STUDENT ACCOUNTS SCHOLARSHIP 1 5700 FMV DIRECT CREDIT TO STUDENT ACCOUNTS PART I, LINE 2: TUITION ASSISTANCE - FAMILIES ARE REQUIRED TO SUBMIT AN APPLICATION TO A THIRD PARTY "CLARITY" WHO IN TURN SENDS THEIR RECOMMENDATIONS TO THE CFO. THE APPLICATION IS THEN SENT TO A FINANCIAL AID COMMITTEE AND A DECISION IS MADE ON HOW MUCH TO AWARD EACH FAMILY BASED UPON THE RECOMMENDATIONS OF FAST AND REQUIREMENTS OF EACH FAMILY. X X 0 1 0 0 0 0 0 1 0 BARNEY JORGENSON HEAD OF SCHOOL 483189 0 1900 0 0 0 114300 0 43047 0 642436 0 0 0 RONALD SIPOREN CFO/COO 306052 0 1900 0 0 0 12156 0 11218 0 331326 0 0 0 JEREMY ADAMS HEAD OF MIDDLE SCHOOL 166640 0 1900 0 0 0 6704 0 9958 0 185202 0 0 0 CECILIA ROBB HEAD OF THE LEARNING CENTER 158040 0 1900 0 0 0 6405 0 16788 0 183133 0 0 0 JENNIFER GLASSER ASSOCIATE HEAD OF SCHOOL 173825 0 0 0 0 0 4388 0 749 0 178962 0 0 0 CATHERINE WESTON ASSIST HEAD OF MIDDLE SCHOOL 145553 0 11900 0 0 0 5425 0 7138 0 170016 0 0 0 JANE MURPHY HEAD OF ECE & ELEMENTARY 152290 0 1900 0 0 0 4592 0 10764 0 169546 0 0 0 PART I, LINE 4B THE HEAD OF SCHOOL PARTICIPATES IN A 457(F) PLAN AND $77,500 WAS ACCRUED FOR CALENDAR YEAR 2024, BUT NOT VESTED. PART I, LINE 7 THE ORGANIZATION PROVIDES BONUSES TO ALL LEVEL OF EMPLOYEES. THE BONUSES ARE DETERMINED BASED ON INDIVIDUAL'S PERFORMANCE AND SCHOOL'S OVERALL FINANCIAL PERFORMANCE AND HAVE BEEN APPROVED BY THE BOARD OF DIRECTORS PRIOR TO GIVING. A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 NONEAVAIL 2020-04-24 13049425 REFINANCE PRIOR DEBT 0 0 0 A 1029425 13049425 1089354 9677 11950394 2021 0 1 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 1 1 CITY NATIONAL BANK 7.000000000000 0 0 0 0 1 A 0 RICHARD AND NAN HUNTER FOUNDERS OF THE ORGANIZATION TO FINANCE THE SALE OF THE MORGAN HILL COUNTRY SCHOOL IN 2003 X 608575 94367 0 1 1 94367 TANYA JORGENSON RELATED TO THE HOS 70739 EMPLOYMENT 0 X 13 59436 FMV 0 0 0 0 PART I, COLUMN (B): THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN INDEPENDENT TAX ADVISOR AND REVIEWED BY THE CFO AND CONTROLLER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES THE BOARD OF DIRECTORS TO REVIEW AND SIGN THE CONFLICT OF INTEREST AND CONFIDENTIALITY STATEMENT AND DISCLOSE IF ANY EXISTENCE OF CONFLICT OF INTERESTS PERIODICALLY. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL HAS AN INDEPENDENT EMPLOYMENT CONTRACT WHICH SETS THE SALARY EXPECTATION. THE EXECUTIVE COMMITTEE WILL REVIEW THE BASE SALARY AND MAY ADJUST IT UPWARD AS APPROPRIATE BASED ON ANNUAL EVALUATIONS. THE EXECUTIVE COMMITTEE HAS AGREED THAT THE BASE SALARY FOR ANY YEAR OF THE TERM SHALL NOT BE LESS THAN THE MEDIAN FOR HEADS OF SCHOOLS IN THE MOST RECENT NORCAL ISBOA SURVEY. REGARDING THE CFO'S COMPENSATION, AT THE TIME OF HIRING, THE COMPENSATION WAS DETERMINED BY USING THE PREVIOUS CFO'S SALARY AS A STARTING POINT. THE SECOND STEP WAS TO BENCHMARK THE POSITION AGAINST AN INDUSTRY SALARY REPORT AND THE COMPENSATION IS TYPICALLY LANDED IN THE 50-75% RANGE. THE FINAL COMPENSATION IS APPROVED BY THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION DOCUMENTS ARE AVAILABLE THROUGH FOIA SOURCES AND ALSO AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON INTEREST RATE SWAP -268,759.