2025-05-09T10:22:17-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 60 SOUTH MARKET STREET SUITE 1550 SAN JOSE CA 95113 990 2023-07-01 951750023 THE BUCKLEY SCHOOL BUCK 8187831610 3900 STANSBURY AVENUE SHERMAN OAKS CA 91423 ALONA SCOTT HEAD OF SCHOOL 8187831610 2025-05-08 1 1 SHALINI SAIDHA P01959812 4082941025 2025-05-07 2023 2025-03-06 01:10:19Z ALONA SCOTT 3900 STANSBURY AVENUE SHERMAN OAKS CA 91423 47802403 0 X WWW.BUCKLEY.ORG X 1935 CA THE ORGANIZATION IS AN INDEPENDENT CO-EDUCATIONAL, COLLEGE PREPARATORY DAY SCHOOL. 18 18 256 100 0 0 7304437 1619008 41000396 43375716 868020 1948442 318067 383183 49490920 47326349 4929812 5200785 0 0 25129223 25712994 0 0 1516855 15817875 16166872 45876910 47080651 3614010 245698 169874564 177250991 72912938 73464476 96961626 103786515 X THE BUCKLEY SCHOOL IS A DYNAMIC, NURTURING LEARNING COMMUNITY COMMITTED TO EQUITY AND INCLUSION. OUR INNOVATIVE TEACHERS AND CHALLENGING PROGRAMS INSPIRE CREATIVITY, COURAGE, AND COLLABORATION. BY PROMOTING A BALANCED DEVELOPMENT OF MIND, BODY, AND CHARACTER, WE ENCOURAGE EACH STUDENT TO FIND JOY AND MEANING IN LIFE AND MAKE AN IMPACT IN THE WORLD. 0 0 36805172 5200785 43375716 THE SCHOOL IS SITUATED ON A NINETEEN ACRE CAMPUS IN A RESIDENTIAL SECTION OF SANTA MONICA MOUNTAINS, A SETTING OF NATURAL BEAUTY WITH ACCESS TO THE CULTURAL AND EDUCATIONAL RESOURCES OF THE LOS ANGELES METROPOLITAN AREA. WITH AN ENROLLMENT OF APPROXIMATELY 830 STUDENTS IN KINDERGARTEN THROUGH GRADE TWELVE, THE SCHOOL SEEKS TO ATTRACT STUDENTS WHO REFLECT THE ETHNIC DIVERSITY OF LOS ANGELES.BUCKLEY'S PHILOSOPHY, THE 4-FOLD PLAN OF EDUCATION, COMBINES THE PRINCIPLES OF WHOLE-CHILD EDUCATION - A DEEPLY INTER-CONNECTED PROGRAM OF ACADEMICS, THE ARTS, PHYSICAL DEVELOPMENT, AND MORAL EDUCATION. CURIOSITY, CRITICAL THINKING, AND CREATIVITY ARE ENCOURAGED AND PROMOTED. WE BELIEVE THAT STUDENTS' BEST WORK - IN THE CLASSROOM, IN THE ARTS, AND ON THE FIELD, CAN ONLY BE REALIZED THROUGH SELF-EXPRESSION AND RESILIENCE WITHIN AN INTENTIONAL PROGRAM.OUR LOWER SCHOOL BLENDS TRADITION AND STRUCTURE WITH PROGRESSIVE METHODOLOGIES. OUR MIDDLE AND UPPER SCHOOL IS COLLEGE PREPARATORY, BASED ON A PRESCRIBED CURRICULUM THAT EVOLVES TO INCLUDE THE BEST OF CURRENT RESEARCH AND TEACHING METHODOLOGIES. 36805172 1 1 0 0 0 0 0 0 1 1 1 1 0 0 0 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 1 128 0 1 256 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 CA X ELIZABETH TURCHAN 8187831610 3900 STANSBURY AVENUE SHERMAN OAKS CA 914234618 ALONA HILARY SCOTT HEAD OF SCHOOL 40.00 X 732737 0 328832 ELIZABETH M TURCHAN CHIEF FINANCIAL OFFICER 40.00 X 420006 0 52363 ADRIENNE M PARSONS HEAD OF LOWER SCHOOL 40.00 X 205986 0 43791 SHERRIE SINGER HEAD OF UPPER SCHOOL 40.00 X 196998 0 9944 DONALD SMITH JR HEAD OF MIDDLE SCHOOL 40.00 X 192252 0 35894 ERWIN WONG DIRECTOR OF ENROLLMENT 40.00 X 209908 0 20340 GREGORY SACON DIR OF INNOVATIVE TEACHING & LEARNING 40.00 X 185468 0 44040 MICHELLE TOTANES DIRECTOR OF HUMAN RESOURCES 40.00 X 197851 0 10631 MICHAEL J PETRELLA TEACHER 40.00 X 182463 0 26797 GEORGE A RUSSO UPPER SCHOOL DEAN 40.00 X 181852 0 24422 MICHELLE WENKER SCHROTH FORMER HIGHEST COMPENSATED EMPLOYEE 40.00 X 158096 0 23791 BENJAMIN VEGA CHAIR 4.00 X X 0 0 0 SHARI ROSENTHAL VICE CHAIR 4.00 X X 0 0 0 DAVID SADKIN TREASURER 4.00 X X 0 0 0 JOSE-MANUEL DECASTRO SECRETARY 4.00 X X 0 0 0 CHIP SELLERS PARLIAMENTARIAN 4.00 X X 0 0 0 ALIX MERKLEY DIRECTOR 4.00 X 0 0 0 ANNE-MARIE BALZANO DIRECTOR 4.00 X 0 0 0 BRIAN NUSSBAUM DIRECTOR 4.00 X 0 0 0 FRANK JUNG DIRECTOR 4.00 X 0 0 0 GEORGE ELLIS DIRECTOR 4.00 X 0 0 0 JACKIE GOLDBERG DIRECTOR 4.00 X 0 0 0 JEN SHEFFIELD DIRECTOR 4.00 X 0 0 0 JOSS HASTINGS-PRICE DIRECTOR 4.00 X 0 0 0 KAREN RICHARDSON DIRECTOR 4.00 X 0 0 0 KIRSTEN WINIKOFF DIRECTOR 4.00 X 0 0 0 MARK NEHORAY DIRECTOR 4.00 X 0 0 0 PEGGY PROCTOR DIRECTOR 4.00 X 0 0 0 VINCENT TRAVAGLIONE DIRECTOR 4.00 X 0 0 0 2863617 0 620845 78 1 1 0 FIRST STUDENT INC 5950 SOUTH ST ANDREWS PLACE LOS ANGELES CA 90047 TRANSPORTATION SERVICES 1383681 FRESHLUNCHES 6800 OWENSMOUTH AVE350 CANOGA PARK CA 91303 FOOD SERVICE 1266865 LEE'S MAINTENANCE SERVICE 14740 KESWICK STREET VAN NUYS CA 91405 JANITORIAL SERVICES 719979 EPCO PLUMBING 16787 BEACH BLVD 263 HUNTINGTON BEACH CA 92647 PLUMBING SERVICES 248699 LIEBERT CASSIDY WHITMORE 6033 W CENTURY BLVD SUITE 500 LOS ANGELES CA 90045 LEGAL SERVICES 230710 27 128876 1490132 39967 1619008 TUITION AND FEES 611600 43375716 43375716 43375716 1948442 1948442 270184 0 270184 270184 270184 501877 128876 476054 25823 25823 HOT LUNCH 611710 70696 70696 MISCELLANEOUS 611710 16480 16480 87176 47326349 43375716 0 2331625 5200785 5200785 2201216 1650913 440242 110061 18704783 14516412 3295155 893216 694541 492103 179551 22887 2752000 2039215 558423 154362 1360454 1074131 235627 50696 356381 356381 71355 71355 332731 332731 2912412 2425702 401480 85230 1448466 1217741 218295 12430 1160488 761942 344122 54424 11202 6541 4195 466 261373 185474 75899 1101685 881349 220336 2997838 2248379 749459 2492330 1996202 496128 TRANSPORTATION 1203489 1203489 EQUIPMENT RENTAL/MAINT 338005 265663 72342 PRINTING AND PUBLICATIO 202066 158263 31186 12617 1277051 480868 675717 120466 47080651 36805172 8758624 1516855 6897526 1113428 15691971 15599436 4844045 3727003 377430 1099432 120017009 34076111 86365766 85940898 17235282 25683472 38462544 44087322 169874564 177250991 6729749 8114326 24049792 23996026 41813117 41036973 320280 317151 72912938 73464476 X 87167096 92227721 9794530 11558794 96961626 103786515 169874564 177250991 245698 6579191 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 46391396 11117 6129404 1818000 50713917 43886480 22939 4163201 1681224 46391396 13308662 37571308 -6783409 210081 43886480 10978102 49045 2391490 109975 13308662 10169133 165109 738407 94547 10978102 0.89675 0.07703 0.02622 0 0 6413370 6413370 104098131 28349531 75748600 6707199 5726580 980619 2798309 2798309 85940898 ANGELES ABSOLUTE RETURN FUND LTD. - CLASS A-UNRESTRICTED - DI CASH 281183 F ANGELES GLOBAL EQUITY OPPORTUNITIES FUND LLC - INTERESTS - UR 24782223 F ANGELES DIVERSIFIED INCOME FUND LLC - UNRESTRICTED 8450143 F ANGELES PRIVATE CREDIT FUND 2 LP 952723 F ANGELES PRIVATE MARKETS FUND 5 LP 540800 F ANGELES DIRECT EQUITY FUND 1 LP 711293 F ANGELES REAL ASSETS FUND 1 LP 418829 F ANGELES PRIVATE CREDIT FUND 3 LP 296124 F ANGELES PRIVATE MARKETS FUND 4 LP 2949860 F WOODMONT INVESTMENTS LIMITED 2923269 F GOLUB CAPITAL STANDARD 1780875 F 44087322 X 48372024 6579191 6579191 41792833 332731 5200785 5533516 47326349 41547135 0 41547135 332731 5200785 5533516 47080651 PART IV, LINE 2B: THE SCHOOL ACTS AS THE CUSTODIAN FOR VARIOUS CLASSES AND SCHOOL CLUBS. PART V, LINE 4: ENDOWMENTS CONSIST OF SEVERAL INDIVIDUAL FUNDS ESTABLISHED FOR STAFF AND FACULTY COMPENSATION AND PROFESSIONAL ENRICHMENT, MAINTENANCE OF THE SCHOOL PAVILION, GENERAL OPERATION, AND FINANCIAL AID. PART X, LINE 2: U.S. GAAP PROVIDES ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION AND ITS TAX RETURNS 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. THE SCHOOL HAS RECEIVED FAVORABLE DETERMINATION LETTERS INDICATING IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CALIFORNIA FRANCHISE TAXES UNDER SECTION 23701 OF THE CALIFORNIA REVENUE TAXATION CODE. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,200,785. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,200,785. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLISHED NOTICE OF RACIAL NONDISCRIMINATION POLICY IN ITS WEBSITE. CENTRAL AMERICA AND THE CARIBBEAN - 0 0 HEDGE FUND INVESTMENTS. N/A 4985327 0 0 0 0 0 0 4985327 0 4985327 0 0 0 0 0 0 PART I, LINE 3: THE ORGANIZATION USED THE ACCRUAL METHOD OF ACCOUNTING TO ACCOUNT FOR EXPENDITURES IN PART I COLUMN (F) GALA 310133 63707 246426 166046 21502 14773 PARTY BOOK AND COMMUNITY 176033 65169 110864 19550 6834 84665 1 144587 0 144587 113247 13614 1460 34363 630753 128876 501877 113247 199210 29796 133801 476054 25823 1 FINANCIAL AID ASSISTANCE 146 5200785 N/A N/A PART I, LINE 2: THE SCHOOL OFFERS FINANCIAL AID TO FAMILIES WITH DEMONSTRATED NEED. THE GOAL OF THE SCHOOL'S FINANCIAL AID PROGRAM AND THE FINANCIAL AID COMMITTEE IS TO MAKE AWARDS TO STUDENTS WHO QUALIFY FOR AID ON THE BASIS OF FINANCIAL NEED AND WHO, IN THE SCHOOL'S JUDGMENT, ARE ABLE TO MAKE A SIGNIFICANT CONTRIBUTION TO THE SCHOOL COMMUNITY THROUGH THEIR ACADEMIC ACCOMPLISHMENTS, TALENTS, AND PERSONAL ATTRIBUTES. THE FINANCIAL AID PROCESS INVOLVES APPLYING CONSISTENT PRINCIPLES TO ALL APPLICANTS TO DETERMINE WHICH FAMILIES ARE THE MOST IN NEED OF FINANCIAL AID GRANTS. LIKE THOUSANDS OF INDEPENDENT SCHOOLS NATIONWIDE, BUCKLEY UTILIZES STUDENT SERVICES FOR FINANCIAL AID (SSS), AN INDEPENDENT NEEDS-ASSESSMENT PROGRAM, FOR ITS FINANCIAL AID PROCESS. FAMILIES INTERESTED IN APPLYING FOR FINANCIAL ASSISTANCE, THEREFORE, MUST APPLY BY FEBRUARY 15 FOR THE FOLLOWING SCHOOL YEAR BY COMPLETING THE PARENTS' FINANCIAL STATEMENT (PFS) ONLINE AT SSS.NAIS.ORG. THIS FORM GATHERS IN ONE PLACE THE RELEVANT INFORMATION ABOUT FAMILY SIZE, INCOME, EXPENSES, AND MORE. SSS THEN ANALYSES THE INFORMATION ON THE PFS TO ESTIMATE A FAMILY'S ABILITY TO CONTRIBUTE TO A CHILD'S EDUCATIONAL EXPENSES, SO THAT SCHOOLS CAN, IN TURN, CALCULATE A FAMILY'S FINANCIAL NEED AND DETERMINE THE AMOUNT OF ANY FINANCIAL AID GRANT. X X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 ALONA HILARY SCOTT HEAD OF SCHOOL 668513 0 0 0 64224 0 87000 0 241832 0 1061569 0 0 0 ELIZABETH M TURCHAN CHIEF FINANCIAL OFFICER 395305 0 10000 0 14701 0 26400 0 25963 0 472369 0 0 0 ADRIENNE M PARSONS HEAD OF LOWER SCHOOL 195156 0 1500 0 9330 0 16730 0 27061 0 249777 0 0 0 SHERRIE SINGER HEAD OF UPPER SCHOOL 194568 0 0 0 2430 0 9805 0 139 0 206942 0 0 0 DONALD SMITH JR HEAD OF MIDDLE SCHOOL 183084 0 1500 0 7668 0 9744 0 26150 0 228146 0 0 0 ERWIN WONG DIRECTOR OF ENROLLMENT 194253 0 1500 0 14155 0 10421 0 9919 0 230248 0 0 0 GREGORY SACON DIR OF INNOVATIVE TEACHING & LEARNIN 163185 0 15000 0 7283 0 15693 0 28347 0 229508 0 0 0 MICHELLE TOTANES DIRECTOR OF HUMAN RESOURCES 187768 0 2000 0 8083 0 10045 0 586 0 208482 0 0 0 MICHAEL J PETRELLA TEACHER 127550 0 22387 0 32526 0 14763 0 12034 0 209260 0 0 0 GEORGE A RUSSO UPPER SCHOOL DEAN 157820 0 10000 0 14032 0 14503 0 9919 0 206274 0 0 0 MICHELLE WENKER SCHROTH FORMER HIGHEST COMPENSATED EMPLOYEE 102873 0 0 0 55223 0 3100 0 20691 0 181887 0 0 0 PART I, LINE 1A PER THE EMPLOYMENT AGREEMENT, THE HEAD OF SCHOOL IS REQUIRED TO LIVE AT A HOUSE OWNED BY THE SCHOOL. ESTIMATED RENT FOR THE CALENDAR YEAR IS $150,000. PART I, LINE 7 BONUSES ARE MADE UPON THE DISCRETION OF THE HEAD OF SCHOOL. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2020-04-07 19970000 TO REFUND PRIOR ISSUES 0 0 0 B CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2020-12-17 22965500 TO REFUND PRIOR ISSUES 0 0 0 A 915783 19970000 112643 2902716 16954641 2013 1 0 1 1 B 801797 22965500 111552 3705933 19148015 2013 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 X 6 39967 FMV 0 0 1 1 PART I, LINE 32B: THE SCHOOL USES ITS INVESTMENT CUSTODIAN TO PROCESS AND SELL STOCK DONATIONS. PART I, LINE B: NUMBER OF CONTRIBUTIONS THE NUMBER OF CONTRIBUTIONS REPORTED IS BASED ON THE NUMBER OF DONATIONS RECEIVED FROM CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE BEEN GRANTED AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO THE BOARD. IT IS REVIEWED BY THE BOARD'S AUDIT COMMITTEE AND SENT TO ALL MEMBERS OF THE BOARD OF TRUSTEES BEFORE IT IS SIGNED AND SUBMITTED BY THE HEAD OF SCHOOL PRIOR TO FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL OFFICERS AND BOARD MEMBERS WITH A DIRECT OR INDIRECT CONFLICT OF INTEREST. THEY ARE REQUIRED TO COMPLY WITH THE CONFLICT OF INTEREST POLICY AND COMPLETE AN ANNUAL STATEMENT REPORTING ANY POTENTIAL CONFLICTS. EACH BOARD MEMBER AND EMPLOYEE IS REQUIRED TO SIGN A CONFLICT OF INTEREST FORM. TRUSTEES HAVE AN OBLIGATION TO SELF-DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AT THE TIME THEY ARISE. IF THE DISCLOSURE OCCURS IN A BOARD MEETING, THE TRUSTEE SHALL LEAVE THE MEETING AND THE BOARD WILL DISCUSS AND VOTE UPON WHETHER A CONFLICT OF INTEREST EXISTS AND WHETHER IT SHOULD BE REFERRED TO COMMITTEE FOR FURTHER CONSIDERATION. IF THE DISCLOSURE IS MADE OUTSIDE OF THE CONTEXT OF A MEETING, THEN THE DETERMINATION OF WHETHER A CONFLICT EXISTS WILL BE REFERRED TO THE AUDIT COMMITTEE FOR DECISION AND ACTION. TRUSTEES ARE ALSO REQUIRED TO ANNUALLY SIGN THE CONFLICT OF INTEREST POLICY WHICH CONTAINS A CONFLICT OF INTEREST DISCLOSURE FORM WHERE TRUSTEES ARE REQUIRED TO DISCLOSE ONGOING RELATIONSHIPS AND INTERESTS THAT MAY PRESENT A CONFLICT OF INTEREST. EMPLOYEES ARE ALSO REQUIRED TO SIGN ANNUAL POLICIES AND TO DISCLOSE ANY CONFLICTS. ANY CONFLICTS ARE DISCUSSED WITH THE HEAD OF SCHOOL AND DIRECTOR OF HUMAN RESOURCES. ANY TRUSTEE WITH A DETERMINED CONFLICT IS REQUIRED TO RECUSE THEMSELVES FROM ANY DELIBERATIONS AND DECISIONS BY THE BOARD OF TRUSTEES AS RELATED TO THE TRANSACTION WITH THE CONFLICT. ANY EMPLOYEE WITH A DETERMINED CONFLICT MUST DISCLOSE THE GIFT TO HUMAN RESOURCES AND DETERMINATION WILL BE MADE BY THE HEAD OF SCHOOL IF THE GIFT IS TO BE RETURNED OR THE CHILD SHALL BE REMOVED FROM THEIR CLASSROOM. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD SETS THE COMPENSATION FOR THE HEAD OF SCHOOL. THE BOARD UTILIZED AN OUTSIDE CONSULTANT TO RECRUIT THE HEAD OF SCHOOL AND DETERMINE A COMPETITIVE COMPENSATION LEVEL TO ENSURE THAT THE COMPENSATION OFFERED DOES NOT CONSTITUTE AN EXCESS BENEFIT TRANSACTION WITHIN THE MEANING OF IRC SECTION 4958. THE OUTSIDE CONSULTANT COMPARED COMPENSATION PACKAGES FROM OTHER INDEPENDENT SCHOOLS IN THE AREA FOR SIMILAR SCHOOLS. THIS SAME PROCESS IS NOT APPLIED TO OTHER OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 THE INFORMATION IS AVAILABLE FOR THE PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON REQUEST AND AN ANNUAL REPORT IS ISSUED TO OUR CONSTITUENTS AND MAINTAINED AT THE SCHOOL FOR REVIEW. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.