2024-07-15T13:22:55-05:00 2023-08-31 946214841 ARMANINO LLP 50 W SAN FERNANDO ST STE 500 SAN JOSE CA 95113 990 2022-09-01 770451623 ALMADEN COUNTRY DAY SCHOOL ALMA 4089970424 6835 TRINIDAD DRIVE SAN JOSE CA 95120 RONALD SIPOREN CFO/COO 4089970424 2024-07-15 1 RONALD SIPOREN 999009999 0 MATTHEW PETROSKI P00853132 4082006400 2024-07-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RONALD SIPOREN 6835 TRINIDAD DRIVE SAN JOSE CA 95120 20821993 0 X WWW.ALMADENCOUNTRYDAYSCHOOL.ORG X 1982 CA TO PROVIDE A GIFTED EDUCATION FOR EVERY CHILD, PRE-SCHOOL THROUGH JUNIOR HIGH. 15 15 117 216 0 0 895434 3172709 12832861 14214911 54440 -117277 51949 -18160 13834684 17252183 783288 901999 0 0 8910220 10084850 0 0 383245 4129656 5380627 13823164 16367476 11520 884707 40041842 63253398 31867767 53743383 8174075 9510015 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 13163430 901999 14214911 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. 401 STUDENTS ENROLLED IN FY 22-23. 13163430 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 0 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 26 0 1 117 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 1 1 1 1 0 CA X RONALD SIPOREN CFOCOO 4089970424 6835 TRINIDAD DRIVE SAN JOSE CA 95120 GENE COOK BOARD CHAIR 2.00 X X 0 0 0 ROUVIERE DE WAAL PHD VICE CHAIR 1.00 X 0 0 0 THERESA REMAKER SECRETARY 1.00 X X 0 0 0 JOSEPH BILLANTE FINANCE CHAIR 1.00 X 0 0 0 STEVE HUHN AUDIT CHAIR 1.00 X 0 0 0 CHANTAL ADAM TRUSTEE 1.00 X 0 0 0 ADAM LAPONIS TRUSTEE 1.00 X 0 0 0 ZENA OLSEN TRUSTEE 1.00 X 0 0 0 DANNY WHITE TRUSTEE 1.00 X 0 0 0 STACY LYSIK TRUSTEE 1.00 X 0 0 0 KATIE TUVELL TRUSTEE 1.00 X 0 0 0 MICHELLE AHLGREN 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 PATRICE BEARD TRUSTEE 1.00 X 0 0 0 BRAD BARON TRUSTEE (THRU 6/13/23) 1.00 X 0 0 0 BARNEY JORGENSON HEAD OF SCHOOL 40.00 X 367926 0 66358 RONALD SIPOREN CFO/COO 40.00 X 255986 0 10981 JENNIFER GLASSER ASSOCIATE HEAD OF SCHOOL 40.00 X 154882 0 7116 JEREMY ADAMS HEAD OF MIDDLE SCHOOL 40.00 X 144686 0 12478 CECILIA ROBB HEAD OF THE LEARNING CENTE 40.00 X 142261 0 20037 JANE MURPHY HEAD OF ECE & ELEMENTARY 40.00 X 137267 0 12424 DEREK MCINTYRE ATHLETICS DIRECTOR 40.00 X 148995 0 15047 1352003 0 144441 13 0 1 0 WOLFPACK CONSTRUCTION 1531 MOUNT HAMILTON VIEW DRIVE SAN JOSE CA 95118 CONSTRUCTION SERVICES 1072605 SWENSON & ASSOCIATES 581 DIVISION STREET SUITE A CAMPBELL CA 95008 CONSTRUCTION SERVICES 1069110 HINES BUILDING MAINTENANCE 91 LOST LAKE LANE CAMPBELL CA 95008 JANITORIAL SERVICE 375568 ARTIK ART & ARCHITECTURE 394-A UMBARGER ROAD SAN JOSE CA 95111 CONSTRUCTION - ARCHITECTURE SERVICES 185886 WALOVICH ARCHITECTS 5994 W LAS POSITAS BLVD SUITE 223 PLEASANTON CA 94588 CONSTRUCTION - ARCHITECTURE SERVICES 174595 5 327752 2083037 761920 14650 3172709 TUITION & RELATED FEES 611110 13538678 13538678 EXTENDED CARE & SUMMER 611110 511844 511844 OTHER 611110 103289 103289 AFTER SCHOOL & SPORTS 611110 61100 61100 14214911 126782 126782 1300 0 1300 1300 1300 3230712 5539 3479794 516 -249082 5023 -244059 -244059 34053 327752 51049 -16996 -16996 12920 38451 -25531 -25531 MISC INCOME 611110 23067 23067 23067 17252183 14214911 0 -135437 901999 901999 734396 36719 629019 68658 8044957 7059163 806124 179670 241089 210742 27161 3186 496682 351055 145627 567726 468897 81245 17584 40070 40070 77500 77500 24437 24437 131678 104664 27014 118415 10779 107636 485240 141350 276634 67256 146059 76462 60497 9100 2310255 2255779 30991 23485 19629 4711 14918 25019 3425 19484 2110 306880 306880 1219596 1171444 35956 12196 82442 82442 SCHOOL PROGRAMS 269281 269281 FURNITURE & EQUIPMENT 106934 79768 27166 OTHER EVENT EXPENSES 17192 17192 16367476 13163430 2820801 383245 5073454 3858843 1358972 1091511 486260 128965 6413216 7311990 147110 159119 28696546 3027811 22670472 25668735 2730667 2148299 1161691 22885936 40041842 63253398 1939566 1157559 5656381 6153899 13037656 12728381 219382 179771 163141 137598 10851641 33386175 31867767 53743383 X 6565636 8858686 1608439 651329 8174075 9510015 40041842 63253398 X 884707 161637 289596 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 45761 45761 44600 1161 45761 23511791 2286645 21225146 756989 388734 368255 4427766 352432 4075334 25668735 DEPOSITS 170102 CITY NATL 457 PLAN 226205 RIGHT-OF-USE ASSETS 22489629 22885936 457(F) PAYABLE 241961 CONTRACT LIABILITY 7275623 LEASE LIABILITIES 25760339 APPLE COMPUTER LEASE 108252 33386175 X 16798239 161637 -591144 -429507 17227746 24437 24437 17252183 15462299 0 15462299 24437 880740 905177 16367476 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTED OF FUNDS SET ASIDE FOR USE BY THE SCHOOL'S DRAMA DEPARTMENT. ITS ENDOWMENT INCLUDED ONLY DONOR-RESTRICTED ENDOWMENT FUNDS. DURING THE YEAR ENDED AUGUST 31, 2020, THESE FUNDS WERE RELEASED FROM ENDOWMENT RESTRICTION AND RECLASSIFIED AS RESTRICTED FOR THE SCHOOL'S CAPITAL CAMPAIGN PER THE ORIGINAL DONOR'S REQUEST. 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, 2023, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: COGS 38,451. TUITION ASSISTANCE -901,999. INTEREST RATE SWAP AGREEMENT 289,596. OTHER EVENT EXPENSES -17,192. PART XII, LINE 4B - OTHER ADJUSTMENTS: COGS -38,451. TUITION ASSISTANCE 901,999. OTHER EVENT EXPENSES 17,192. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 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. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED EMPLOYEE RETENTION TAX CREDIT AND FORGIVENESS OF THE PPP(PAYCHECK PROTECTION PROGRAM) LOAN. AUCTION GALA 356177 327752 28425 6653 20678 9452 14266 BOOK FAIRE 5628 5628 361805 327752 34053 6653 20678 9452 14266 51049 -16996 1 TUITION ASSISTANCE 56 897796 FMV DIRECT CREDIT TO STUDENT ACCOUNTS SIBLING DISCOUNT 3 4203 FMV DIRECT CREDIT TO STUDENT ACCOUNTS PART I, LINE 2: TUITION ASSISTANCE - FAMILIES ARE REQUIRED TO SUBMIT AN APPLICATION TO A THIRD PARTY "FAST" 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. SIBLING DISCOUNT - UNTIL FISCAL 2013, THE SCHOOL OFFERED A SIBLING DISCOUNT TO FAMILIES WITH TWO OR MORE ENROLLED STUDENTS. THAT DISCOUNT WAS DISCONTINUED IN FISCAL 2014 AND GRAND-FATHERED ONLY FOR FAMILIES ENROLLED PRIOR TO 2014. X X 0 1 0 0 0 0 0 1 0 BARNEY JORGENSON HEAD OF SCHOOL 331256 0 2700 0 33970 0 30641 0 35717 0 434284 0 0 0 RONALD SIPOREN CFO/COO 253286 0 2700 0 0 0 10113 0 868 0 266967 0 0 0 DEREK MCINTYRE ATHLETICS DIRECTOR 146295 0 2700 0 0 0 6713 0 8334 0 164042 0 0 0 CECILIA ROBB HEAD OF THE LEARNING CENTE 139561 0 2700 0 0 0 5731 0 14306 0 162298 0 0 0 JENNIFER GLASSER ASSOCIATE HEAD OF SCHOOL 152182 0 2700 0 0 0 6187 0 929 0 161998 0 0 0 JEREMY ADAMS HEAD OF MIDDLE SCHOOL 140486 0 4200 0 0 0 5824 0 6654 0 157164 0 0 0 PART I, LINE 4B THE HEAD OF SCHOOL PARTICIPATES IN A 457(F) PLAN AND $18,441 WAS ACCRUED FOR CALENDAR YEAR 2022, BUT NOT VESTED. PART I, LINE 7 OLE JORGENSON, THE HEAD OF SCHOOL, RECEIVED TOTAL $33,970 TAXABLE TUITION REIMBURSEMENT IN 2022 CALENDAR YEAR. 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 388232 13049425 1089354 9677 11950394 2021 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 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 179771 0 1 1 179771 TANYA JORGENSON RELATED TO THE HOS 40236 EMPLOYMENT 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN INDEPENDENT CPA 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 289,596.