2024-05-15T16:20:35-05:00 2023-06-30 953001179 WINDES INC PO BOX 87 LONG BEACH CA 90801 990 2022-07-01 953735164 ROLLING HILLS PREPARATORY SCHOOL ROLL 3107911101 ONE ROLLING HILLS PREP WAY SAN PEDRO CA 90732 CHRISTINA MORSE ACTING HEAD OF SCHOOL 3107911101 2024-05-14 1 CHRISTINA MORSE 953001179 1 AARON PHILLIPS P01654760 5624351191 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRISTINA MORSE ONE ROLLING HILLS PREP WAY SAN PEDRO CA 90732 9762963 0 X WWW.ROLLINGHILLSPREP.ORG X 1981 CA INDEPENDENT EDUCATIONAL INSTITUTE FOR APPROXIMATELY 200 STUDENTS GRADE 1-12. 11 11 150 18 0 0 5124939 542229 8647365 8921735 218 6064 303170 254599 14075692 9724627 2060639 2365528 0 0 6698737 7101273 0 0 285420 2973143 3503247 11732519 12970048 2343173 -3245421 59926915 55543485 6718862 5580853 53208053 49962632 X A FORWARD-LOOKING, ACADEMICALLY RIGOROUS COLLEGE-PREP SCHOOL WITH A SOUL, ROLLING HILLS PREPARATORY SCHOOL (RHP) WORKS IN PARTNERSHIP WITH PARENTS TO PREPARE STUDENTS FOR LIFELONG SUCCESS IN A GLOBAL 21ST CENTURY USING PROVEN TEACHING TECHNIQUES IN A STIMULATING AND SUPPORTIVE ACADEMIC ENVIRONMENT. AS PART OF RHP'S ONGOING SELF-EVALUATION AND IMPROVEMENT, A GROUP OF TEACHERS, TRUSTEES AND PARENTS HAS APPROVED THE LEARNING EXPECTATIONS FOR STUDENTS, BASED ON THE FOUR PILLARS OF DISCIPLINED MINDS, SOUND CHARACTER, HEALTHY BODIES, AND CREATIVE SPIRITS. EVERY YEAR EACH FACULTY MEMBER FOCUSES ON AT LEAST ONE OF THE FOUR PILLARS, INCORPORATING ITS PHILOSOPHY INTO THAT YEAR'S TEACHING AND EVALUATION. THESE PRINCIPLES ARE NOT JUST ON PAPER, THEY INSPIRE THE HIGH QUALITY TEACHING THAT IS A HALLMARK OF RHP. 0 0 9790705 2365528 8347719 OPERATION OF A CHILDREN'S PREPARATORY SCHOOL FOR APPROXIMATELY 200 STUDENTS, GRADE 1-12. THE SCHOOL WORKS WITH FAMILIES AND STUDENTS TO OFFER A RANGE OF ACADEMIC, ART AND ATHLETIC COURSES TO HELP PREPARE COLLEGE-BOUND STUDENTS FOR LIFELONG SUCCESS IN A GLOBAL 21ST CENTURY USING PROVEN TEACHING TECHNIQUES IN A STIMULATING AND SUPPORTIVE ACADEMIC ENVIRONMENT. STUDENTS ARE CHALLENGED BY DEMANDING ACADEMIC COURSES AND SUPPORTED WITHIN A CLOSE KNIT COMMUNITY. BY EMPLOYING A STUDENT/TEACHER RATIO OF LESS THAN 15/1, THE SCHOOL IS ABLE TO ADDRESS THE INDIVIDUAL NEEDS OF EACH STUDENT TO HELP MAXIMIZE HIS OR HER POTENTIAL. 957000 574016 AUXILIARY PROGRAMS INCLUDE SPORTS, OUTDOOR EDUCATION, AFTER SCHOOL PROGRAMS AND OTHER ACADEMIC SUPPORT. THESE EXTRACURRICULAR ACTIVITIES ARE AVAILABLE TO ALL STUDENTS, AND STUDENTS ARE ENCOURAGED TO PARTICIPATE IN THE ACTIVITIES OFFERED BY THE SCHOOL, WHICH INCLUDE, BUT ARE NOT LIMITED TO, PLAYS, MUSICALS AND OTHER ARTISTIC PERFORMANCES; WILDERNESS EDUCATION; TRANSPORTATION; FIELD TRIPS; PHYSICAL EDUCATION; AND TEAM SPORTS. 10747705 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 150 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X BRUCE KARIYA 3107911101 ONE ROLLING HILLS PREP WAY SAN PEDRO CA 90732 CHLOE BOUTELLE BOARD CHAIR 2.00 X X 0 0 0 BILL JOHNSON TREASURER 2.00 X 0 0 0 MIKE QUARRY SECRETARY 2.00 X 0 0 0 MARI-JO DEUTSCHMAN TRUSTEE 2.00 X 0 0 0 JOSH ESQUIBEL TRUSTEE 2.00 X 0 0 0 ARSENIO HERNANDEZ TRUSTEE 2.00 X 0 0 0 ELLEN LAURICELLA TRUSTEE 2.00 X 0 0 0 ED MYERS TRUSTEE 2.00 X 0 0 0 MALINI DAS SANYAL TRUSTEE 2.00 X 0 0 0 RYAN ESTES TRUSTEE 2.00 X 0 0 0 JOHN YEN TRUSTEE 2.00 X 0 0 0 CHRIS CONNELL TRUSTEE (THRU 09/2022) 2.00 X 0 0 0 AMY Z HOLLINGER HEAD OF SCHOOL 40.00 X 304262 0 21856 ERVIN E REED III DIRECTOR OF FINANCE & OPERATIONS 40.00 X 177475 0 8499 JENNIFER STROUD DIRECTOR OF TEACHING & LEARNING 40.00 X 133586 0 6049 SUZANNE MATHEWS ASSOC HEAD OF SCHOOL FOR ADVANCEMENT 40.00 X 126749 0 5348 JUANITA BIRNBAUM DIRECTOR OF STUDENT SUPPORT 40.00 X 102890 0 2704 HARVEY KITANI DEVELOPMENT - ATHLETICS 40.00 X 101565 0 256 946527 0 44712 8 0 1 0 FIRST STUDENT INC 22157 NETWORK PLACE CHICAGO IL 50673 BUS TRANSPORTATION 220585 BLUE MARBLE LEARNING CENTER 832 SAN VICENTE BOULEVARD SANTA MONICA CA 90402 EDUCATION CONSULTANTS 163200 BENNETT LANDSCAPE 25889 BELLE PORTE AVENUE HARBOR CITY CA 90710 LANDSCAPING 111656 3 9471 17845 514913 542229 TUITION 611600 8204191 8204191 AUXILIARY PROGRAMS 611600 542966 542966 FINANCE CHARGES AND LA 611600 79648 79648 STUDENT FEE REVENUE 611600 63880 63880 GRADUATION FEES 611600 31050 31050 8921735 6064 6064 273205 38336 234869 234869 234869 0 9471 0 0 MISCELLANEOUS 900099 19730 19730 19730 9724627 8921735 0 260663 2365528 2365528 344692 137877 172346 34469 5725426 4830440 685339 209647 207232 172003 29012 6217 326303 280230 37814 8259 497620 413024 69667 14929 74889 31453 43436 250402 105169 145233 798703 177514 621189 215929 195575 10796 9558 70435 57053 13382 353209 317888 35321 21105 21105 510164 484656 25508 76661 72828 3833 STUDENT TRANSPORTATION 262099 248994 13105 CLASSROOM SUPPLIES 172028 172028 EQUIPMENT 156976 156976 STUDENT ACTIVITIES 148031 148031 392616 380438 9837 2341 12970048 10747705 1936923 285420 228138 450784 3858311 772376 649810 11129 2552211 2045392 63434 61657 59925531 7723384 52575011 52202147 59926915 55543485 500634 493761 5868228 4737092 350000 350000 6718862 5580853 X 45519180 43529133 7688873 6433499 53208053 49962632 59926915 55543485 -3245421 0 X X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 3 8.57 0 0 0 1 1 0.00 0 66987 238 67225 63737 3250 66987 63215 522 63737 63300 165 250 63215 114301 51001 63300 1.00000 0 0 40752500 40752500 7371384 2529451 4841933 1443516 1314545 128971 10358131 3879388 6478743 52202147 EIDL LOAN 350000 350000 PART II, LINE 9: NO IMPACT ON THE FINANCIAL STATEMENTS. PART V, LINE 4: SMALL ENDOWMENTS ARE MAINTAINED TO SUPPORT PROFESSIONAL DEVELOPMENT AND ACADEMIC AWARDS FOR ENGLISH AND HISTORY. FORM 990, PART X, LINE 25 - EIDL LOAN PAYABLE: IN JUNE 2020, THE SCHOOL RECEIVED AN ECONOMIC INJURY DISASTER LOAN ("EIDL") UNDER THE SMALL BUSINESS ADMINISTRATION'S (SBA'S) ASSISTANCE PROGRAM IN LIGHT OF THE IMPACT OF THE COVID-19 PANDEMIC. DURING THE YEARS ENDED JUNE 30, 2022 AND 2021, THE SCHOOL RECEIVED ADVANCES OF $200,000 AND $150,000, RESPECTIVELY, TO BE USED FOR WORKING CAPITAL PURPOSES ONLY. PURSUANT TO THE EIDL AGREEMENT, THE SCHOOL EXECUTED; (I) A NOTE FOR THE BENEFIT OF THE SBA, WHICH CONTAINS CUSTOMARY EVENTS OF DEFAULT; AND (II) A SECURITY AGREEMENT, GRANTING THE SBA A SECURITY INTEREST IN ALL TANGIBLE AND INTANGIBLE PERSONAL PROPERTY OF THE SCHOOL, WHICH ALSO CONTAINS CUSTOMARY EVENTS OF DEFAULT. THE EIDL BEARS AN INTEREST RATE OF 2.75% PER ANNUM WHICH ACCRUES FROM THE DATE OF THE ADVANCE. INSTALLMENT PAYMENTS, INCLUDING PRINCIPAL AND INTEREST, TOTALING $1,551 ARE DUE MONTHLY BEGINNING DECEMBER 2022. THE BALANCE OF PRINCIPAL AND INTEREST IS PAYABLE THIRTY YEARS FROM THE DATE OF THE EIDL AGREEMENT. AT JUNE 30, 2023, THE EIDL TOTALED $350,000. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 POLICY IS PUBLISHED IN REGIONAL NEWSPAPER AND ON THE SCHOOL'S WEBSITE. IT IS PART OF THE ADMISSION COMMUNICATION MATERIAL INCLUDING, BUT NOT LIMITED TO, BROCHURES THAT ARE PROVIDED TO STUDENTS AND PARENTS. 1 FINANCIAL AID & SCHOLARSHIPS 86 2365528 TUITION ASSISTANCE PART I, LINE 2: FAMILIES SUBMIT APPLICATIONS WITH FINANCIAL INFORMATION TO STUDENT SUPPORT SERVICES (SSS) FOR EVALUATION. BASED ON THE RESULTS GATHERED FROM SSS, THE SCHOOL'S FINANCIAL AID COMMITTEE DETERMINES THE AMOUNT OF AID TO BE AWARDED TO THE FAMILY. AWARDS ARE BASED MOSTLY OFF OF FINANCIAL NEED, BUT ALSO ACADEMIC MERIT. FINANCIAL AID AND SCHOLARSHIP AWARDS ARE PROVIDED AS A DISCOUNT ON THE FULL TUITION CHARGED BY THE SCHOOL. X 1 0 X X X 1 0 0 0 0 0 0 0 0 AMY Z HOLLINGER HEAD OF SCHOOL 274262 0 0 0 30000 0 0 0 21856 0 326118 0 0 0 ERVIN E REED III DIRECTOR OF FINANCE & OPERATIONS 177475 0 0 0 0 0 0 0 8499 0 185974 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE IS NEGOTIATED AS A PART OF THE HEAD OF SCHOOL'S COMPENSATION. THE TOTAL COMPENSATION IS APPROVED BY THE FINANCE COMMITTEE AND THE BOARD OF TRUSTEES. PART I, LINE 4A ERVIN E. REED III RECEIVED A SEVERANCE PAYMENT IN AMOUNT OF $29,895.84. FORM 990, PART VI, SECTION B, LINE 11B DESCRIBE THE PROCESS THE ORGANIZATION USES TO REVIEW FORM 990. THE COMPLETED FORM 990 WILL BE PROVIDED TO THE FINANCE COMMITTEE SUFFICIENTLY IN ADVANCE OF THE FILING DEADLINE TO ENABLE A DETAILED AND CONSCIENTIOUS REVIEW BY ALL MEMBERS OF THE COMMITTEE. THE TAX PREPARERS WILL ELECTRONICALLY DELIVER THE TAX RETURN TO THE COMMITTEE AND ANY CONCERNS OF THE FINANCE COMMITTEE WILL BE ADDRESSED AND CHANGES WILL BE MADE ACCORDINGLY. AFTER ALL CHANGES AND ISSUES ARE ADDRESSED, THE FINAL FORM 990 WILL BE PROVIDED TO ALL BOARD MEMBERS BEFORE THE OFFICER SIGNS AND FILES THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C DESCRIBE THE PROCESS USED TO MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. EACH TRUSTEE, OFFICER, AND MEMBER OF A COMMITTEE WITH POWERS DELEGATED BY THE GOVERNING BOARD, AS WELL AS MEMBERS OF ADMINISTRATION SHALL ANNUALLY SIGN A STATEMENT THAT AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE SCHOOL IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IF THE POLICY IS VIOLATED APPROPRIATE ACTION WILL BE TAKEN, INCLUDING REMOVAL FROM THE BOARD OF DIRECTORS, IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 DESCRIBE THE PROCESS USED TO DETERMINE COMPENSATION OF THE ORGANIZATION'S OFFICERS OR KEY EMPLOYEES. COMPENSATION IS DETERMINED BY THE FINANCE COMMITTEE. OFFICER AND KEY EMPLOYEE COMPENSATION IS DETERMINED THROUGH EMPLOYEE CONTRACTS, COMPENSATION SURVEYS, AND APPROVAL BY THE BOARD. THE BOARD CHAIR WORKS CLOSELY WITH THE HEAD OF THE SCHOOL TO SET AND ADJUST GOALS FOR EACH CONTRACT PERIOD. THE TWO MEET MONTHLY TO DISCUSS PROGRESS AND KEEP THE CHAIR UP TO DATE ON ITEMS OF IMPORTANCE THAT ARE HAPPENING AT THE SCHOOL. TOWARDS THE END OF EACH CONTRACT PERIOD, THE CHAIR AND HEAD OF SCHOOL EVALUATE PROGRESS MORE FORMALLY AND SET GOALS FOR THE UPCOMING CONTRACT. THE CHAIR REPORTS TO THE FINANCE COMMITTEE WHO REPORTS TO THE FULL BOARD PRIOR TO THE HEAD OF THE SCHOOL'S CONTRACT RENEWAL. CURRENTLY, THIS IS A THREE-YEAR CONTRACT CYCLE. THE HEAD OF THE SCHOOL'S COMPENSATION IS SET INDEPENDENTLY BY THE FINANCE COMMITTEE BASED ON PERFORMANCE RESULTS AND BY USING NAIS AND CAIS COMPENSATION STATISTICS. THE FINANCE COMMITTEE RECOMMENDS THE COMPENSATION PACKAGE TO THE BOARD WHO HAS THE ULTIMATE APPROVAL. THE APPROVAL IS MADE INDEPENDENTLY. THIS PROCESS TAKES PLACE EVERY THREE YEARS. THE LAST DATE WAS JUNE 2020. COMPENSATION FOR THE TOP FINANCIAL EMPLOYEE AND ANY KEY EMPLOYEES IS DETERMINED ANNUALLY. THE HEAD OF THE SCHOOL WORKS CLOSELY WITH THE CONTROLLER TO SET GOALS FOR EACH YEAR AND REVIEWS THE PROGRESS ON THOSE GOALS BEFORE THE END OF EACH CONTRACT YEAR. SHORTLY BEFORE THE NEW CONTRACT IS OFFERED, THE HEAD OF THE SCHOOL DOES A FORMAL REVIEW OF THE PROGRESS AND PERFORMANCE FROM THE PREVIOUS CONTRACT YEAR AND SETS GOALS FOR THE UPCOMING YEAR. THE ANNUAL COMPENSATION ADJUSTMENT IS SET AT A FIXED PERCENTAGE BY THE HEAD OF THE SCHOOL. ANNUAL SALARY RATE ADJUSTMENT ACROSS THE ORGANIZATION IS RECOMMENDED BY THE HEAD OF THE SCHOOL AND APPROVED INDEPENDENTLY BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 DESCRIBE HOW THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE FORM 990, THE FORM 1023, AND THE DETERMINATION LETTER ARE AVAILABLE UPON WRITTEN OR VERBAL REQUEST TO ANYONE WHO INQUIRES TO THE ORGANIZATION. GOVERNING DOCUMENTS ARE ALSO AVAILABLE AT THE ORGANIZATION'S OFFICE. FORM 990, PART XII, LINE 2B, AUDITED FINANCIAL STATEMENTS: AT THE TIME OF FILING OF THIS FORM 990, THE INDEPENDENT AUDIT WAS IN PROGRESS BUT NOT COMPLETED.