2023-04-18T11:39:33-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 301 NORTH LAKE AVENUE SUITE 900 PASADENA CA 91101 990 2021-07-01 952701337 WINDWARD SCHOOL WIND 4242891013 11350 PALMS BOULEVARD LOS ANGELES CA 90066 TOM GILDER HEAD OF SCHOOL AND BOARD SECRETARY 4242891013 2023-04-17 1 TOM GILDER 999009999 ARCHIE TOROSSIAN P01907501 6267933600 2023-04-17 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z TOM GILDER 11350 PALMS BOULEVARD LOS ANGELES CA 90066 42008518 0 X WWW.WINDWARDSCHOOL.ORG X 1971 CA WINDWARD SCHOOL IS A DYNAMIC COLLEGE-PREPARATORY SCHOOL THAT CHALLENGES EACH STUDENT TO ACHIEVE EXCELLENCE IN A NURTURING, INCLUSIVE COMMUNITY. 26 24 262 147 0 0 4873895 9182771 30109265 32526055 19324 38037 2293 57369 35004777 41804232 2576965 2524100 0 0 20311037 22447276 0 0 1033866 8307848 12972744 31195850 37944120 3808927 3860112 102761001 106329646 50386430 52742095 52374571 53587551 X WINDWARD SCHOOL IS A DYNAMIC COLLEGE-PREPARATORY SCHOOL THAT CHALLENGES EACH STUDENT TO ACHIEVE EXCELLENCE IN A NURTURING, INCLUSIVE COMMUNITY. WINDWARD TEACHERS, PARENTS, AND ADMINISTRATORS WORK TOGETHER TO INSPIRE OUR STUDENTS TO BE RESPONSIBLE, CARING, WELL INFORMED, ETHICAL, PREPARED, AND WELL BALANCED YOUNG ADULTS. 0 0 34332161 2524100 32526055 WINDWARD SCHOOL IS A SUPPORTIVE, NURTURING COMMUNITY WITH A DIVERSE STUDENT BODY, CLASSES AVERAGING 16 STUDENTS, AND A STUDENT-FACULTY RATIO OF APPROXIMATELY 8:1. WINDWARD ALLOCATES APPROXIMATELY $2.3 MILLION EACH YEAR TO FINANCIAL AID. THE SCHOOL PROVIDES A VARIED AND CHALLENGING ACADEMIC PROGRAM AND OPPORTUNITIES FOR STUDENTS TO PARTICIPATE IN ATHLETICS, THE ARTS, AND SERVICE LEARNING. ALL WINDWARD STUDENTS ARE REQUIRED TO FULFILL A 40-HOUR COMMITMENT OF SERVICE LEARNING BEFORE GRADUATION.THE WINDWARD SCHOOL CURRICULUM OFFERS STUDENTS A CHOICE OF MORE THAN 100 DIFFERENT COURSES, INCLUDING A LARGE NUMBER OF ADVANCED PLACEMENT COURSES. 34332161 1 1 0 0 0 0 0 0 1 1 1 1 0 1 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 48 0 1 262 1 0 0 0 0 0 0 0 0 0 0 X 26 24 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 0 0 X AYN FAUBERT 4242891013 11350 PALMS BOULEVARD LOS ANGELES CA 90066 TOM GILDER HEAD OF SCHOOL AND SECRETARY 40.00 X X 873889 0 30956 DAWN BARRETT CHIEF OPERATING OFFICER 40.00 X 308816 0 30956 ERIC DAVID MANDEL ASSISTANT HEAD OF SCHOOL, DIRECTOR OF THE MIDDLE S 40.00 X 198700 0 25192 SHARON BETH PEARLINE DIRECTOR OF ADMISSIONS 40.00 X 192085 0 24873 AYN FAUBERT DIRECTOR OF FINANCE 40.00 X 192158 0 24374 KEVIN NEWMAN ASSISTANT HEAD OF SCHOOL, DIRECTOR OF COLLEGIATE D 40.00 X 181335 0 24561 JULIA COLEY ASSISTANT HEAD OF SCHOOL, DIRECTOR OF PREP DIVISIO 40.00 X 180039 0 24561 KEVIN KLOEKER TRUSTEE, TEACHER 40.00 X 108328 0 19014 ALEX KWIT CHAIR OF THE BOARD 1.00 X X 0 0 0 ELLIOT GORDON TRUSTEE, VICE CHAIR OF THE BOARD 1.00 X X 0 0 0 TED FIKRE TRUSTEE, VICE CHAIR OF THE BOARD 1.00 X X 0 0 0 NEIL WERTLIEB TRUSTEE, VICE CHAIR OF THE BOARD 1.00 X X 0 0 0 GARETH ASTEN TRUSTEE 1.00 X 0 0 0 EMILY KOVNER MOSS TRUSTEE 1.00 X 0 0 0 MICHELLE TAUB TRUSTEE 1.00 X 0 0 0 ED GARGIULO TRUSTEE 1.00 X 0 0 0 ANN GIANOPULOS TRUSTEE 1.00 X 0 0 0 NANCY GLASER TRUSTEE 1.00 X 0 0 0 JORDAN KAPLAN TRUSTEE 1.00 X 0 0 0 NORA MALONE TRUSTEE 1.00 X 0 0 0 MARIA GERSH TRUSTEE 1.00 X 0 0 0 PAMELA MASS TRUSTEE 1.00 X 0 0 0 RICH PACHULSKI TRUSTEE 1.00 X 0 0 0 CHELSEA PATTERSON TRUSTEE 1.00 X 0 0 0 ANDREW SCHWARTZBERG TRUSTEE 1.00 X 0 0 0 RAJ SHOURIE TRUSTEE 1.00 X 0 0 0 MAXINE STRATTON TRUSTEE 1.00 X 0 0 0 STEVE TRILLING TRUSTEE 1.00 X 0 0 0 ERICA TUKIAINEN TRUSTEE 1.00 X 0 0 0 KAROL WATSON TRUSTEE 1.00 X 0 0 0 PERRIE WEINER TRUSTEE 1.00 X 0 0 0 BRIAN WEITMAN TRUSTEE 1.00 X 0 0 0 2235350 0 204487 72 0 1 0 DRIVER SPG 468 N ROSEMEAD BLVD PASADENA CA 91107 CONSTRUCTION 9960656 CULINART PO BOX 50196 LOS ANGELES CA 90048 FOOD SERVICE 542336 CHIEF SECURITY LLC 4030 E RANSOM ST LONG BEACH CA 90804 SECURITY 400509 UNISERVE FACILITIES SVCS CORP 2363 S ATLANTIC BLVD COMMERCE CA 90040 MAINTENANCE 334095 TUMBLEWEED TRANSPORATION PO BOX 49291 LOS ANGELES CA 90048 BUS TRANSPORTATION 299899 20 5000 9177771 184919 9182771 TUITION 611710 30354636 30354636 AUXILLARY SERVICES 611710 2166259 2166259 TUITION FEES 611710 5160 5160 32526055 24037 24037 130309 14000 130309 0 0 14000 14000 14000 111132 5000 73977 37155 37155 OTHER REVENUE 900099 20214 20214 20214 41804232 32526055 0 95406 2524100 2524100 1140839 723275 291652 125912 16494324 15252507 996292 245525 762424 720321 36314 5789 2809526 2607732 172105 29689 1240163 1143920 80303 15940 144912 72456 72456 59338 29669 29669 80242 80242 253651 216743 84 36824 867571 824222 9281 34068 340553 290893 33107 16553 1426 1426 2659485 2260561 265949 132975 788913 775786 12079 1048 245168 243258 1910 577945 500300 53137 24508 3942738 3351327 394274 197137 319819 272215 31736 15868 INSTRUCTIONAL EXPENSES 2337458 2200159 19413 117886 EVENTS 353525 321291 0 32234 37944120 34332161 2578093 1033866 5335507 3340557 2087010 2390775 4166830 6236008 162914 250058 309934 314013 456897 490011 88620920 34711793 32906587 53909127 6761312 5452465 15302311 13849832 35271699 20096800 102761001 106329646 2300085 1940443 9251514 9552628 19498339 21587763 168240 145802 19168252 19515459 50386430 52742095 X 34407820 30358629 17966751 23228922 52374571 53587551 102761001 106329646 3860112 -2647132 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1079680 -131313 0 948367 864761 219130 4211 1079680 843464 25354 4057 864761 818638 28636 3810 843464 772296 50000 3658 818638 0.00000 0.58000 0.42000 0 0 33370008 33370008 40392753 34044295 6348458 14858159 667498 14190661 53909127 PUBLIC SECURITIES 13849832 F 13849832 EMPLOYEE ADVANCES 19513 CONSTRUCTION IN PROGRESS 734837 CONTRACTUAL TUITION AND FEE RECEIVABLE 19342450 20096800 CONTRACTUAL UNEARNED TUITION AND FEES 19342450 LEASE LIABILITIES 173009 19515459 X 36626735 -2647132 -2524100 -5171232 41797967 80242 -73977 6265 41804232 35413755 73977 73977 35339778 80242 2524100 2604342 37944120 PART X, LINE 2: GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES ALL OF THE POSITIONS TAKEN BY THE SCHOOL ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -2,524,100. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSES RELATED TO FUNDRAISING EVENT -73,977. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES RELATED TO FUNDRAISING EVENT 73,977. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,524,100. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 SEE PART II LINE 3 - EXPLANATION OF NONDISCRIMINATION POLICY WINDWARD SCHOOL EXTENDS TO ALL REGARDLESS OF RACE, COLOR, NATIONAL OR ETHNIC ORIGIN, THE RIGHTS PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY AFFORDED OR MADE AVAILABLE TO STUDENTS OF THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL OR ETHNIC ORIGIN IN THE ADMINISTRATION OF ITS EDUCATIONAL AND ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL ADMINISTRATIVE PROGRAMS. WINDWARD SCHOOL ADVERTISES ITS NON-DISCRIMINATORY POLICY IN ALL ITS BROCHURES AND CATALOGUES DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. WINDWARD SCHOOL IS A MEMBER OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS AND CALIFORNIA INDEPENDENT SCHOOLS, BOTH OF WHICH ARE NON-DISCRIMINATORY. THE SCHOOL HAS PUBLICIZED ITS NON-DISCRIMINATORY POLICY ON THE HOMEPAGE OF ITS WEBSITE AT ALL TIME DURING THE YEAR. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 2237280 0 0 0 0 0 0 2237280 0 2237280 0 0 0 1 0 0 PART III ACCOUNTING METHOD: PART I, LINE 3 THESE INVESTMENTS ARE MADE BY THE SCHOOL'S INVESTMENT ADVISORS, ANGELES INVESTMENTS. SPRING EVENT 2022 116132 5000 111132 14289 59688 116132 5000 111132 14289 59688 73977 37155 1 FINANCIAL AID 58 2524100 FMV DIRECT CREDIT APPLIED TO STUDENT ACCOUNTS PART I, LINE 2 FINANCIAL AID IS AWARDED BY THE SCHOOL IN ACCORDANCE WITH THE FOLLOWING PROCEDURE. APPLICANTS COMPLETE A FINANCIAL AID FORM PREPARED BY THE SCHOOL AND STUDENT SERVICES OF NAIS ("SSS"). THE FORM IS THEN SUBMITTED TO THE SSS AND SSS THEN MAKES A RECOMMENDATION TO THE SCHOOL REGARDING THE AMOUNT OF FINANCIAL AID RECOMMENDED FOR EACH APPLICANT. FINANCIAL AID AT THE SCHOOL IS AWARDED BASED ON A FAMILY'S DEMONSTRATED FINANCIAL NEED. A STUDENT SHOULD NEVER BE AWARDED AID IN EXCESS OF HIS/HER NEED, AS ASSESSED BY THE FINANCIAL AID COMMITTEE AFTER UTILIZING ALL AVAILABLE INFORMATION. X 0 0 X X 0 1 0 0 0 0 0 0 0 TOM GILDER HEAD OF SCHOOL AND SECRETARY 641038 0 0 0 232851 0 17400 0 13556 0 904845 0 132851 0 DAWN BARRETT CHIEF OPERATING OFFICER 308816 0 0 0 0 0 17400 0 13556 0 339772 0 0 0 ERIC DAVID MANDEL ASSISTANT HEAD OF SCHOOL, DIRECTOR O 198700 0 0 0 0 0 11636 0 13556 0 223892 0 0 0 SHARON BETH PEARLINE DIRECTOR OF ADMISSIONS 192085 0 0 0 0 0 11317 0 13556 0 216958 0 0 0 AYN FAUBERT DIRECTOR OF FINANCE 192158 0 0 0 0 0 10818 0 13556 0 216532 0 0 0 KEVIN NEWMAN ASSISTANT HEAD OF SCHOOL, DIRECTOR O 181335 0 0 0 0 0 11005 0 13556 0 205896 0 0 0 JULIA COLEY ASSISTANT HEAD OF SCHOOL, DIRECTOR O 180039 0 0 0 0 0 11005 0 13556 0 204600 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OF $100,000 WAS PROVIDED TO THE HEAD OF SCHOOL. HOUSING ALLOWANCE IS INCLUDED IN THE HEAD OF SCHOOL'S TAXABLE INCOME. PART I, LINE 3 THE COMPENSATION FOR THE HEAD OF SCHOOL IS REVIEWED BY AN INDEPENDENT CONTRACTOR WHO DOES AN EXTENSIVE ANALYSIS AND PROJECTS OUT THREE YEARS. THE EXECUTIVE COMMITTEE AUTHROIZES AND APPROVES THE WAGES EACH YEAR, AS ALL EMPLOYEES ARE BENCHMARKED ANNUALLY. PART I, LINE 4B IN 2021 CALENDAR YEAR, THE HEAD OF SCHOOL RECEIVED $132,851 DEFERRED COMPENSATION PAID OUT, WHICH WAS INCLUDED IN HIS 2021 FORM W-2 AND REPORTED ON SCHEDULE J, PART II, COLUMN B(III). A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2020-07-15 24568650 CAPITAL EXPANSION AND REFINANCING PRIOR DEBT 0 0 0 A 1901131 24568650 159931 6412196 17996523 2022 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 1 0 0 0 1 X 11 123158 FMV X VARIOUS GOODS 75 61761 FMV 0 0 1 0 SCHEDULE M, PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS REPRESENTS THE NUMBER OF NON-CASH TRANSACTIONS. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE DIRECTOR OF FINANCE, THE CHIEF OPERATIONG OFFICER, THE HEAD OF SCHOOL, THE CHAIR OF THE FINANCE AND OPERATIONS COMMITTEE AND THE CHAIR OF THE BOARD OF TRUSTEES REVIEW THE 990 FORMS PRIOR TO SUBMITTING THEM TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S BOARD OF TRUSTEES HAS ADOPTED A CONFLICT OF INTEREST POLICY TO ENSURE THAT BOARD ACTIONS ARE ADOPTED FREE FROM ANY ACTUAL OR APPEARANCE OF CONFLICT OF INTEREST. TRUSTEES ARE EXPECTED TO USE COMMON SENSE AND GOOD JUDGEMENT IN THE EXERCISE OF THEIR DUTIES. WHILE THIS LIST IS NOT EXHAUSTIVE, THE FOLLOWING ARE COMMON EXAMPLES THAT COULD GIVE RISE TO A POTENTIAL OR ACTUAL CONFLICT OF INTEREST. (A) A TRUSTEE OR A MEMBER OF THE TRUSTEE'S IMMEDIATE FAMILY IS RELATED TO ANY SCHOOL EMPLOYEE OR RELATIVE OF AN EMPLOYEE BY BLOOD, MARRIAGE OR DOMESTIC PARTNERSHIP WHICH EMPLOYEE OR RELATIVE COULD BE IMPACTED BY A MATTER TO BE CONSIDERED BY THE BOARD. (B) A TRUSTEE, OR ANY ENTITY BY WHICH THE TRUSTEE OR A MEMBER OF THE TRUSTEE'S IMMEDIATE FAMILY IS EMPLOYED OR IN WHICH THE TRUSTEE HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, STANDS TO BENEFIT FROM A SCHOOL TRANSACTION, INCLUDING WITHOUT LIMITATION RECEIVING PAYMENT FROM THE SCHOOL FOR ANY CONTRACT, GOOD, OR SERVICE, OTHER THAN IN REIMBURSEMENT FOR REASONABLE EXPENSES INCURRED ON BEHALF OF THE SCHOOL. (C) A TRUSTEE, OR A MEMBER OF THE TRUSTEE'S IMMEDIATE FAMILY, HAS A REAL PROPERTY INTEREST THAT COULD BE IMPACTED(EITHER POSITIVELY OR NEGATIVELY) BY THE SCHOOL'S OPERATIONS FOLLOWING DISCLOSURE OF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, THE BOARD CHAIR SHALL DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS. IF SO, THE CHAIR SHALL REFER THE MATTER TO THE EXECUTIVE COMMITTEE WHICH SHALL DETERMINE HOW BEST TO PROTECT THE SCHOOL'S INTEREST. THE CHAIR OF THE BOARD SHALL DISCLOSE HIS OR HER OWN ACTUAL OR POTENTIAL CONFLICTS OF INTEREST TO THE REMAINDER OF THE EXECUTIVE COMMITTEE, WHO SHALL DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS. IF SO, REFER THE MATTER TO THE EXECUTIVE COMMITTEE, WHICH SHALL DETERMINE HOW BEST TO PROTECT THE SCHOOL'S INTEREST. EACH TRUSTEE MUST SIGN AND DATE THIS POLICY ANNUALLY, AT OR BEFORE THE FIRST FALL BOARD MEETING. IN ADDITION, KEY EMPLOYEES PARTICIPATE IN AN ANNUAL CONFLICT OF INTEREST SIGN-OFF. A TRUSTEE WHO IS INVOLVED IN A POTENTIAL CONFLICT OF INTEREST IS NOT ALLOWED TO VOTE ON ANY MATTERS RELATED WITH THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE SCHOOL USES THE BENCHMARKING TOOL PROVIDED BY THE NAIS TO COMPARE AND EVALUATE THE COMPENSATION PACKAGES OF SIMILAR POSITIONS IN THE AREA. IN ADDITION, THE SCHOOL HIRES AN INDEPENDENT CONSULTANT THAT EVALUATES THE COMPENSATION PACKAGES OF SEVERAL HEADS OF SCHOOL IN THE AREA. THE EXECUTIVE COMMITTEE REVIEWS BOTH REPORTS, EVALUATES THE RESULTS AND SETS THE NEW COMPENSATION FOR THE HEAD OF SCHOOL. HEAD OF SCHOOL COMPENSATION WAS REVIEWED IN THE 2022 SCHOOL YEAR BY THE EXECUTIVE COMMITTEE. THE HEAD OF SCHOOL REVIEWS, EVALUATES AND DECIDES THE COMPENSATION PACKAGES OF KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE SCHOOL MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION WITHOUT CHARGE DURING REGULAR BUSINESS HOURS AT THE BUSINESS OFFICE. FORM 900, PART XII, LINE 2C AUDIT COMMITTEE IS RESPONSIBLE FOR RECOMMENDING THE RETENTION AND, AS APPLICABLE, TERMINATION OF AN INDEPENDENT AUDITING FIRM FOR THE CORPORATION, AND ON AN ANNUAL BASIS, REVIEW THE AUDIT WITH THE INDEPENDENT AUDITOR.