2024-04-24T07:47:39-05:00 2023-06-30 111986323 MARCUM LLP 1 MONTGOMERY STREET SUITE 1700 SAN FRANCISCO CA 94104 990 2022-07-01 205758127 PRESIDIO KNOLLS SCHOOL INC PRES 4152020770 250 10TH STREET SAN FRANCISCO CA 94103 LARRY E ROADCAP CFOO 4152020770 2024-04-20 1 LARRY ROADCAP 999009999 0 ROGER BULOSAN P00221282 4154326200 2024-04-20 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRIS LIVACCARI 250 10TH STREET SAN FRANCISCO CA 94103 18513829 0 X WWW.PRESIDIOKNOLLS.ORG X 2006 CA TO NURTURE THE YOUNG HEART AND MIND IN A JOYFUL LEARNING ENVIRONMENT, WHERE THE CONVERGENCE OF PROGRESSIVE AND MANDARIN IMMERSION IGNITES CURIOSITY, CONNECTEDNESS, AND ENGAGEMENT IN THE WORLD. 19 17 147 50 0 0 2602790 1245120 15150299 16107542 5037 656241 422204 504926 18180330 18513829 1478773 925165 0 0 10035653 10996066 0 0 600969 4433513 4785472 15947939 16706703 2232391 1807126 68508830 69951471 39554371 39189886 28954459 30761585 OUR MISSION IS TO NURTURE THE YOUNG HEART AND MIND IN A JOYFUL LEARNING ENVIRONMENT, WHERE THE CONVERGENCE OF PROGRESSIVE EDUCATION AND MANDARIN IMMERSION IGNITES CURIOSITY, CONNECTEDNESS, AND ENGAGEMENT IN THE WORLD. 0 0 12113506 925165 16612468 PRESIDIO KNOLLS SCHOOOL (PKS) IS A PRIVATE, NON-PROFIT, COEDUCATIONAL SCHOOL FOUNDED AS A PRESCHOOL IN 2006 IN SAN FRANCISCO, CALIFORNIA, OFFERING A REGGIO EMILIA INSPIRED EDUCATIONAL APPROACH WITH MANDARIN IMMERSION PROGRAM. IN 2012, THE SCHOOL BEGAN AN EMERGING PREK-8 PROGRAM. FOR THE 2022/2023 SCHOOL YEAR, THE SCHOOL HAD PRESCHOOL, KINDERGARTEN, 1ST, 2ND, 3RD, 4TH, 5TH, 6TH, 7TH AND 8TH GRADES. 12113506 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 38 0 1 147 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 17 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X AILEEN DE LEON 4152020770 250 10TH STREET SAN FRANCISCO CA 94103 AMY LIAW TRUSTEE 5.00 X 0 0 0 CHASSE CARROLL TRUSTEE 5.00 X 0 0 0 DAVE GEBALA TRUSTEE 5.00 X 0 0 0 EMMA COCKS TRUSTEE 5.00 X 0 0 0 JED LAU CHAIR 5.00 X X 0 0 0 JULIO MORENO TRUSTEE 5.00 X 0 0 0 KITTY OESTLIEN TRUSTEE 5.00 X 0 0 0 MARK ROCHE TRUSTEE 5.00 X 0 0 0 MIKHAL BOUGANIM TRUSTEE 5.00 X 0 0 0 MIKE KIM TRUSTEE 5.00 X 0 0 0 ROB TSAI TRUSTEE 5.00 X 0 0 0 ROB ZIVNUSKA VICE-CHAIR 5.00 X X 0 0 0 THERESA JOHNSON SECRETARY 5.00 X X 0 0 0 ALEJANDRA RINCON TRUSTEE 5.00 X 0 0 0 NANCY HANG TRUSTEE 5.00 X 0 0 0 WENDY WONG TRUSTEE 5.00 X 0 0 0 JJ PANZER TRUSTEE 5.00 X 0 0 0 JANETTE FONG TRUSTEE 5.00 X 0 0 0 MARY MERCER TRUSTEE 5.00 X 0 0 0 CHRISTOPHER LIVACCARI HEAD OF SCHOOL 40.00 X 379415 0 10530 DAVID LESSING COO 40.00 X 242461 0 6438 MICHAEL LEVY HEAD OF MIDDLE SCHOOL 40.00 X 189325 0 9361 SIMONA CHONGO HEAD OF PRESCHOOL 40.00 X 141679 0 8862 LORRAINE CHAO HEAD OF LOWER ELEMENTARY 40.00 X 160423 0 7445 GILLIAN WILSON DIRECTOR OF OPERATIONS & H 40.00 X 138953 0 1616 1252256 0 44252 6 0 1 0 TRUEBECK CONSTRUCTION INC 2855 CAMPUS DR 100 SAN MATEO CA 94403 BUILDING RENOVATION 1438923 PACIFIC BLUE STUDIOS LLC 1212 PUNAHOU ST APT 904 HONOLULU HI 96826 STUDENT TRAVEL 178026 ONECLICKFIX LLC 580 CALIFORNIA STREET 16TH FLOOR SAN FRANCISCO CA 94104 IT SERVICES AND PRODUCTS 151985 3 96866 1148254 89962 1245120 TUITION AND FEES 611600 16107542 16107542 16107542 171491 171491 484750 0 484750 484750 484750 0 96866 0 0 PRESCHOOL FOR ALL FUNDING 611600 453830 453830 OTHER INCOME - DEBT RECOVERY 611600 36822 36822 OTHER INCOME 611600 14274 14274 504926 18513829 16612468 0 656241 925165 925165 670062 244881 291169 134012 8693863 6691253 1786927 215683 52311 40261 10752 1298 958654 737830 197041 23783 621176 478089 127676 15411 683029 137530 540275 5224 148846 4692 141968 2186 480266 357798 105178 17290 109355 46888 59234 3233 914704 681455 200320 32929 1260461 939043 276041 45377 EDUCATIONAL SUPPLIES 816695 790150 26545 OTHER EXPENSES 372116 38471 229102 104543 16706703 12113506 3992228 600969 11822978 11609820 30248 1063149 9995 4995 6048997 6182556 100000 83317 105186 105702 58373417 7471485 50391426 50901932 68508830 69951471 1737311 1569862 11567971 11905362 26212739 25714662 36350 0 39554371 39189886 X 28854421 30751590 100038 9995 28954459 30761585 68508830 69951471 1807126 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15503707 15503707 3163479 755720 2407759 39233973 6375453 32858520 470640 338694 131946 1618 1618 0 50901932 X 17551842 0 17551842 961987 961987 18513829 15744716 -36822 -36822 15781538 925165 925165 16706703 PART X, LINE 2: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. ACCORDINGLY, THE SCHOOL IS EXEMPT FROM FEDERAL AND CALIFORNIA INCOME TAXES AND IS NOT LIABLE FOR FEDERAL UNEMPLOYMENT TAXES. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE THE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE SCHOOL HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE-LIKELY-THAN-NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE TAX POSITIONS AND CONCLUDED THAT IT MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR UNKNOWN INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE SCHOOL'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. HOWEVER, THERE ARE NO EXAMINATIONS IN PROGRESS NOR ARE THERE ANY PENDING. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND DISCOUNTS NETTED AGAINT TUITION ON AUDITED STATEMENTS 925,165. BAD DEBT RECOVERY (NEGATIVE EXPENSE ON AUDITED STATEMENTS) 36,822. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT RECOVERY (NEGATIVE EXPENSE ON AUDITED STATEMENTS) -36,822. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND DISCOUNTS NETTED AGAINT TUITION ON AUDITED STATEMENTS 925,165. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NON-DISCRIMINATORY POLICY IS INLCUDED IN THE WELCOME PAGE UNDER ADMISSION SECTION IN SCHOOL WEBSITE. HTTPS://WWW.PRESIDIOKNOLLS.ORG/ADMISSIONS-WELCOME. SCHEDULE E, PART I, LINE 6 PRESIDIO KNOLLS SCHOOL QUALIFIES FOR PRESCHOOL FOR ALL / HEADSTART / FIRST FIVE FUNDS WHICH COVERS A PORTION OF THE TUITION OF CHILDREN ENROLLED IN THE 4 YEAR OLD PROGRAM AND SOME OF 3 YEAR OLD PROGRAMS, DEPENDING ON BIRTH DATE. THE FAMILY MUST BE RESIDENT IN SAN FRANCISCO TO QUALIFY. SPRING GALA 96866 96866 96866 96866 1 TUITION ASSISTANCE / FINANCIAL AID AWARDS 26 618215 FMV REDUCTION IN TUITION BILLING. PRESCHOOL FOR ALL PROGRAM, TUITION CREDITS 53 259700 FMV REDUCTION IN TUITION BILLING. PRESCHOOL FOR ALL PROGRAM, ANNUAL TUITION CREDITS 105 26250 FMV REDUCTION IN TUITION BILLING. TUITION DISCOUNT FOR TRAVEL/STEM FEE 21 21000 FMV REDUCTION IN TUITION BILLING. PART I, LINE 2: TUITION ASSISTANCE: THE SCHOOL USES A THIRD PARTY PROVIDER TO MONITOR WHO SHOULD RECEIVE ASSISTANCE. THE AWARD IS APPLIED TO EACH RECEIPIENT'S TUITION BALANCE. TUITION REMISSION: TUITION REMISSION IS OFFERED TO EMPLOYEES AND APPLIED TO EACH RECEIPIENT'S TUITION BALANCE. TUITION CREDITS: THE SCHOOL RECEIVES PRESCHOOL FOR ALL FUNDS WHICH COVERS A PORTION OF THE TUITION OF CHILDREN ENROLLED IN THE 4 YEAR OLD PROGRAM, AND SOME 3 YEAR OLD PROGRAMS, DEPENDING ON BIRTH DATE, FOR FAMILIES RESIDENT IN SAN FRANCISCO. X X X X 0 0 0 0 0 0 0 0 0 CHRISTOPHER LIVACCARI HEAD OF SCHOOL 379415 0 0 0 0 0 3050 0 7480 0 389945 0 0 0 DAVID LESSING COO 242461 0 0 0 0 0 2555 0 3883 0 248899 0 0 0 MICHAEL LEVY HEAD OF MIDDLE SCHOOL 189325 0 0 0 0 0 1893 0 7468 0 198686 0 0 0 LORRAINE CHAO HEAD OF LOWER ELEMENTARY 160423 0 0 0 0 0 0 0 7445 0 167868 0 0 0 SIMONA CHONGO HEAD OF PRESCHOOL 141679 0 0 0 0 0 1417 0 7445 0 150541 0 0 0 A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 201563466 2022-12-01 33000000 TO REFINANCE PURCHASE PRICE 0 0 0 A 27500000 277275 13636271 17086455 1 0 0 1 A 0 0 0 0 0 0 1 A 0 0 0 1 1 1 COMPASS BANK 7.000000000000 0 0 0 0 1 A 1 CHRISTOPHER LIVACCARI HEAD OF SCHOOL PERSONAL LOAN X 100000 83317 0 1 1 83317 ALEJANDRA RINCON TRUSTEE 45000 TUITION ASSISTANCE DISCOUNTED TUITION DAVID LESSING OFFICER, COO 26993 STAFF DISCOUNT/REMISSION DISCOUNTED TUITION X 89962 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD EXECUTIVE COMMITTEE, BOARD FINANCE COMMITTEE AND BOARD FUNDRAISING/DEVELOPMENT COMMITTEE REVIEW THE TAX RETURN PRIOR TO FILING. THE BOARD FINANCE COMMITTEE APPROVES THE FINAL TAX RETURN PRIOR TO FILING. AFTER FILING, THE PUBLIC DISCLOSURE COPY IS SHARED WITH ALL COMMITTEE MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST COVERS BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES WHO ARE REQUIRED TO ANNUALLY DISCLOSE ANY POTENTIAL CONFLICTS. DISCLOSURES ARE COLLECTED AND REVIEWED BY THE CORPORATE SECRETARY AND CONTROLLER. POTENTIAL CONFLICT WILL BE REPORTED TO THE COO AND THE EXECUTIVE COMMITTEE WILL DECIDE IF ANY ADDITIONAL ACTION IS NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE SALARY IS DETERMINED BASED ON A COMPARABILITY STUDY AND VOTED ON BY THE BOARD. OTHER OFFICERS SALARIES ARE DETERMINED BASED ON ANNUAL BUDGET AND VOTED ON BY THE BOARD. A COMPARATIVE STUDY IS PERFORMED AND DATA FROM THE CAL-ISBOA SALARY SURVEY ARE USED TO DETERMINE THE SALARIES FOR THE BUDGET. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST