2022-05-16T19:25:47-05:00 2021-06-30 941254756 HOOD & STRONG LLP 275 BATTERY STREET STE 900 SAN FRANCISCO CA 94111 990 2020-07-01 941629702 THE SAN FRANCISCO SCHOOL SANF 4152391410 300 GAVEN STREET SAN FRANCISCO CA 94134 TERRI HAMER CHIEF FIN & OPS OFFICER 4152391410 2022-05-13 1 TERRI HAMER 999009999 MAGA E KISRIEV P01008919 4157810793 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z STEVE MORRIS 300 GAVEN STREET SAN FRANCISCO CA 94134 14819789 0 X WWW.SFSCHOOL.ORG X 1966 CA PRIVATE SCHOOL THAT PROMISES TO PRACTICE RESPECT, EMBRACES DIVERSITY, AND INSPIRE PASSION TO LEARN. 24 18 114 100 0 0 4063098 4339534 9760989 10069363 975010 73691 21091 -1282 14820188 14481306 1176671 1353906 0 0 6972791 7654404 31851 1613 480104 2631603 2645791 10812916 11655714 4007272 2825592 27542143 30677373 9427924 8831436 18114219 21845937 A PRIVATE SCHOOL THAT CULTIVATES AND CELEBRATES THE INTELLECTUAL, IMAGINATIVE, AND HUMANITARIAN PROMISE OF EACH STUDENT IN A COMMUNITY THAT PRACTICES MUTUAL RESPECT, EMBRACES DIVERSITY, AND INSPIRES A PASSION FOR LEARNING. 0 0 10183213 1353906 10069363 INSTRUCTION: INDEPENDENT SCHOOL OF UP TO 285 STUDENTS. FOR 2020-2021 SCHOOL YEAR THERE WERE 284 STUDENTS: 70 MONTESSORI PRE-SCHOOL AND KINDERGARTEN, 111 ELEMENTARY AND 103 MIDDLE SCHOOL STUDENTS WITH A FACULTY RATIO OF 1:7 AND A RIGOROUS AND CHALLENGING INTELLECTUAL EXPERIENCE WITHIN A NUTURING EDUCATION ENVIRONMENT.INDEXED TUITION: THE SCHOOL DISTRIBUTED INDEXED TUITION TO APPROXIMATELY 79 STUDENTS. 10183213 1 1 0 0 0 0 0 0 0 1 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 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 47 0 1 114 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 18 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X TERRI HAMER CHIEF FIN & OPS OFFICER 4152395065 300 GAVEN STREET SAN FRANCISCO CA 94134 LIBBY REDER CHAIR 2.00 X X 0 0 0 RANDY SERIGUCHI VICE CHAIR 2.00 X X 0 0 0 STEVE MORRIS HEAD OF SCHOOL 40.00 X X 477028 0 61188 JAMES HARDING TEACHER / BOARD TRUSTEE 40.00 X 94266 0 19954 DIMITRI BARTON TEACHER / BOARD TRUSTEE 40.00 X 65251 0 10577 MICHELLE PETERSON TEACHER / BOARD TRUSTEE 40.00 X 91434 0 21899 THEA ANDERSON BOARD TRUSTEE 2.00 X 0 0 0 LIZ STEINFIELD BOARD TRUSTEE 2.00 X 0 0 0 RACHEL BENSON BOARD TRUSTEE 2.00 X 0 0 0 WILLIAM DUFF BOARD TRUSTEE 2.00 X 0 0 0 JULIA EELLS BOARD TRUSTEE 2.00 X 0 0 0 ASHA GOHIL BOARD TRUSTEE 2.00 X 0 0 0 JOSUE ESTRADA BOARD TRUSTEE 2.00 X 0 0 0 BEN MANGAN BOARD TRUSTEE 2.00 X 0 0 0 SAPNA GUPTA BOARD TRUSTEE 2.00 X 0 0 0 ADAM OBERWEISER BOARD TRUSTEE 2.00 X 0 0 0 JOHN PALMER BOARD TRUSTEE 2.00 X 0 0 0 SNULLER PRICE BOARD TRUSTEE 2.00 X 0 0 0 KENDRICK VAUGHN BOARD TRUSTEE 2.00 X 0 0 0 BALJEET SINGH BOARD TRUSTEE 2.00 X 0 0 0 DAVE WHITELAW BOARD TRUSTEE 2.00 X 0 0 0 KEITH WOLFF BOARD TRUSTEE 2.00 X 0 0 0 ANA ZACAPA CAMBEROS BOARD TRUSTEE 2.00 X 0 0 0 MINA ZARGHAM BOARD TRUSTEE 2.00 X 0 0 0 STEWART DORSEY SECRETARY 40.00 X 117481 0 28954 TERRI HAMER CHIEF FIN & OPERATIONAL OFFICER 40.00 X 200600 0 8218 JENNIFER KEESE-POWELL DIRECTOR OF ADVANCEMENT 40.00 X 142113 0 46265 NANCY NAGRAMADA MIDDLE SCHOOL HEAD 40.00 X 152899 0 49561 1341072 0 246616 5 0 1 0 0 51364 1041900 3246270 230897 4339534 TUITION 611110 9765816 9765816 PROGRAM FEES 611110 302763 302763 OTHER PROGRAM REVENUE 611110 784 784 10069363 73129 73129 337763 337201 562 562 562 0 51364 1282 -1282 -1282 14481306 10069363 0 72409 1353906 1353906 1309122 843059 417231 48832 4813116 4381583 123831 307702 274071 224452 38992 10627 817615 669591 116321 31703 440480 360735 62666 17079 675 675 69761 69761 36930 36930 1613 1613 248424 184477 63416 531 19723 12755 386 6582 98241 59098 3108 36035 93876 79794 1878 12204 865633 855500 7174 2959 116456 103537 12719 200 147168 145918 792 458 626768 615052 9787 1929 92495 71526 20752 217 CLASSROOM SUPPLIES 79879 79879 FOOD SERVICE 74510 71071 2566 873 EDUCATIONAL ACTIVITIES 39138 39138 36114 32142 3412 560 11655714 10183213 992397 480104 3262745 4849456 6956049 5692816 1969591 2058953 13201 21519 248348 190067 17939404 7528425 9963328 10410979 5128881 7453583 27542143 30677373 875620 1288848 3810700 3998902 3677520 3543686 1041900 0 22184 0 9427924 8831436 X 11046032 12675400 7068187 9170537 18114219 21845937 27542143 30677373 X 2825592 1054857 -148731 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6528793 1992299 1113695 199973 9434814 4313891 2391209 237228 413535 6528793 3574926 636348 247617 145000 4313891 3394047 8775 307104 135000 3574926 3041025 73886 409136 130000 3394047 0.08120 0.19960 0.71920 0 0 501159 501159 12779296 4992032 7787264 1224044 623260 600784 1931588 1345939 585649 1503317 567194 936123 10410979 X 14182257 1054857 -1353906 -299049 14481306 0 14481306 10450539 148731 148731 10301808 1353906 1353906 11655714 PART V, LINE 4: SAN FRANCISCO SCHOOL INTENDS TO USE ITS ENDOWMENT FUNDS TOWARDS THEIR OPERATING BUDGET, TEACHER WORKSHOPS, NEW LIBRARY BOOKS, GUEST SPEAKERS, AND THE MUSIC PROGRAM. PART X, LINE 2: THE SCHOOL IS A TAX EXEMPT ORGANIZATION UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3) AND THE APPLICABLE CALIFORNIA TAX CODE. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD MAINTAINED ITS TAX EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE INCLUDED WITH REVENUE RECLASSIFIED TO EXPENSES -1,353,906. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE PLEDGES 148,731. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE INCLUDED WITH REVENUE RECLASSIFIED TO EXPENSES 1,353,906. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NON DISCRIMINATORY POLICY IS POSTED ON THE SCHOOL'S WEBSITE AND BROCHURES. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED LOAN PROCEEDS UNDER THE PAYCHECK PROTECTION PROGRAM. AROUND THE WORLD 51364 51364 1282 51364 51364 1282 1282 -1282 1 TUITION ASSISTANCE 122 1353906 PART I, LINE 2: THE SAN FRANCISCO SCHOOL SUBSCRIBES TO THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS) SERVICE. AFTER FAMILIES SUBMIT DETAILED FINANCIAL INFORMATION, SSS USES A PROPRIETARY METHODOLOGY TO RECOMMEND AN AMOUNT THAT EACH FAMILY CAN AFFORD FOR EDUCATIONAL EXPENSES. THE SCHOOL'S TUITION ASSISTANCE COMMITTEE, CONSISTING OF THE HEAD OF SCHOOL, DIRECTOR OF FINANCE AND OPERATIONS AND ADMISSIONS DIRECTOR, USES THIS FIGURE AS THE BASIS IN DETERMINING THE FINANCIAL AWARD CALCULATION. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 STEVE MORRIS HEAD OF SCHOOL 477028 0 0 0 0 0 22800 0 38388 0 538216 0 0 0 TERRI HAMER CHIEF FIN & OPERATIONAL OFFICER 200600 0 0 0 0 0 8000 0 218 0 208818 0 0 0 NANCY NAGRAMADA MIDDLE SCHOOL HEAD 152899 0 0 0 0 0 12890 0 36671 0 202460 0 0 0 JENNIFER KEESE-POWELL DIRECTOR OF ADVANCEMENT 142113 0 0 0 0 0 12012 0 34253 0 188378 0 0 0 PART I, LINE 1A A HOUSING ALLOWANCE IS PROVIDED TO THE HEAD OF SCHOOL, WHICH IS INCLUDED IN TAXABLE COMPENSATION. A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 2010-12-29 4455000 SEE PART VI FOR DESCRIPTION 0 0 0 A 4500000 181000 4319000 2012 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 0 0 0 0 1 A 0 PART I, LINE A, COLUMN F: ON DECEMBER 1, 2010, THE SAN FRANCISCO SCHOOL ENTERED INTO A LOAN AGREEMENT WITH FIRST REPUBLIC BANK AND CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY FOR A TAX-EXEMPT BANK LOAN OF $4.5 MILLION TO FINANCE THE SCHOOL'S BUILDING CONSTRUCTION PROJECT. THE DIFFERENCE BETWEEN THE ISSUE PRICE AND THE TOTAL PROCEEDS OF ISSUE IS THE ORIGINAL DISCOUNT OF $45,000 WHICH HAS BEEN SET TO BE AMORTIZED OVER THE LIFE OF THE LOAN. IN FISCAL YEAR 2021 $140,282 OF PRINCIPAL WAS PAID. SINCE INCEPTION, $843,484 HAS BEEN PAID. 58330 TUITION REMISSION 92450 TUITION ASSISTANCE X 12 230897 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENT THE NUMBER OF CONTRIBUTORS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART I, LINE 6: NUMBER OF VOLULNTEERS IS ESTIMATED BY NUMBER PARENT/GUARDIANS IN OUR COMMUNITY AND THE NUMBER OF DIFFERENT VOLUNTEER ACTIVITIES WE HAVE AVAILABLE. WE RECENTLY ESTABLISHED A FAMILY ASSOCIATION, WHICH HELPS FAMILIES IDENTIFY WAYS TO BE INVOLVED. SOME VOLUNTEER ACTIVITIES INCLUDE CLEANING THE SCHOOL AT THE FALL WORK DAY, SHELVING BOOKS IN THE LIBRARY, AND HELPING TO ORGANIZE FUNDRAISING EVENTS. FORM 990, PART VI, SECTION A, LINE 6 ALL PARENTS OF CHILDREN ATTENDING THE SAN FRANCISCO SCHOOL ARE CONSIDERED MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A FAMILY MEMBERS OF THE CORPORATION ELECT THE FIFTEEN (15) CLASS A TRUSTEE SEATS FOR A THREE YEAR TERM. THE NOMINATING COMMITTEE OF THE BOARD DESIGNATES THREE (3) STAFF MEMBERS FOR THE CLASS B TRUSTEE SEATS, AND ONE ADDITIONAL CLASS B TRUSTEE SEAT IS THE HEAD OF SCHOOL. THE BOARD ELECTS THE SIX (6) CLASS C TRUSTEE SEATS FOR A THREE YEAR TERM. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS MUST VOTE TO APPROVE (1) DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION, (2) A MERGER OR DISSOLUTION OF THE CORPORATION, AND (3) ANY AMENDMENT TO THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE TAX FORM 990 IS DRAFTED BY SAN FRANCISCO SCHOOL'S CONTROLLER IN COLLABORATION WITH THE SCHOOL'S ACCOUNTING FIRM. THE COMPLETED FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL AND OPERATIONAL OFFICER, HEAD OF SCHOOL, CHAIR OF FINANCE COMMITTEE AND BOARD CHAIR. A COPY OF THE FORM 990 EXCLUDING SCHEDULE B IS PROVIDED TO CLASS A AND CLASS C TRUSTEES PRIOR TO THE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SAN FRANCISCO SCHOOL'S BOARD OF TRUSTEES ENFORCES THE CONFLICT OF INTEREST POLICY IN THE FOLLOWING MANNER: (1) BOARD MEMBERS ANNUALLY REVIEW CONFLICT OF INTEREST POLICY AND FILL OUT CONFLICT OF INTEREST QUESTIONNAIRES (2) TRAIN NEW TRUSTEES ON CONFLICT OF INTEREST POLICY (3) START EVERY BOARD MEETING WITH REVIEW OF AGENDA AND CONFLICT CHECK (4) REVIEW CONFLICT OF INTEREST POLICY AND BY-LAWS REGULARLY FOR CONFLICT ISSUES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION TO THE HEAD OF SCHOOL AND OTHER KEY MANAGEMENT EMPLOYEES WAS BENCHMARKED TO OTHER K-8 INDEPENDENT SCHOOLS OF SIMILAR SIZE IN THE SAN FRANCISCO BAY AREA. DATA WAS USED FROM THREE DIFFERENT SOURCES, 1) FEDERAL FORM 990, 2) STATISTICS FROM NAIS (NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS) AND 3) STATISTICS FROM CAL-ISBOA (CALIFORNIA INDEPENDENT SCHOOLS BUSINESS OFFICERS ASSOCIATION). THE CLASS A AND CLASS C TRUSTEES APPROVE THE CONTRACT FOR THE HEAD OF SCHOOL. ALL OTHER HIGHER LEVEL EMPLOYEE COMPENSATION IS APPROVED BY THE HEAD OF SCHOOL, WITH A REVIEW ANNUALLY BY A COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE ALL MADE AVAILABLE TO THE PUBLIC UPON REQUEST ARE IMMEDIATELY SUPPLIED FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D). FORM 990, PART XI, LINE 9: UNCOLLECTIBLE PLEDGES -148,731.