2022-05-10T15:21:28-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 301 NORTH LAKE AVENUE SUITE 900 PASADENA CA 91101 990 2020-07-01 330729698 SAGE HILL SCHOOL SAGE 9492191310 20402 NEWPORT COAST DRIVE NEWPORT COAST CA 92657 JILL LIVERMORE CFO 9492191312 2022-04-25 1 JILL LIVERMORE 999009999 KAREN LO P02141262 6267933600 2022-04-25 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JILL LIVERMORE 20402 NEWPORT COAST DRIVE NEWPORT COAST CA 92657 30508216 0 X WWW.SAGEHILLSCHOOL.ORG X 1996 CA A PRIVATE COED HIGH SCHOOL THAT INSPIRES IN THEIR STUDENTS A LOVE OF KNOWLEDGE. 19 19 183 300 0 0 2815560 3490556 22946277 23437318 2680430 1077932 155720 50941 28597987 28056747 2108221 2285496 0 0 13640191 14388852 0 0 839385 9174608 8852903 24923020 25527251 3674967 2529496 119473545 125265866 34453519 33290780 85020026 91975086 X WE INSPIRE IN OUR STUDENTS A LOVE OF KNOWLEDGE AND THE ABILITY TO USE THAT KNOWLEDGE CREATIVELY, COMPASSIONATELY AND COURAGEOUSLY THROUGHOUT THEIR LIVES.SAGE HILL SCHOOL'S COMMITMENT TO ACADEMIC EXCELLENCE, OUR OUTSTANDING COLLEGE PREPARATION HAVE PROVIDED A TRANSFORMATIVE EXPERIENCE FOR OUR STUDENTS. ACADEMIC EXCELLENCE - SAGE HILL OFFERS A RIGOROUS, COMPREHENSIVE CURRICULUM THAT CHALLENGES AND INSPIRES STUDENTS TO TAKE RISKS, THINK CRITICALLY, AND USE WHAT THEY LEARN IN CLASS IN THE WORLD BEYOND OUR CAMPUS. OUR WORLD-CLASS EDUCATORS TEACH CLASSES THAT AVERAGE SIXTEEN STUDENTS AND FOSTER CURIOSITY, DISCOVERY, AND A PASSION FOR LEARNING. 0 0 19860253 2285496 23437318 SAGE HILL SCHOOL IS AN INDEPENDENT HIGH SCHOOL LOCATED ON 30 ACRES IN NEWPORT COAST, CA. FOUNDED IN 2000, THE SCHOOL PROVIDES MORE THAN 500 STUDENTS WITH SMALL CLASS SIZES THAT AVERAGE 16 STUDENTS PER TEACHER, OUTSTANDING ACADEMIC CURRICULA AND A DEDICATED TEAM OF COLLEGE COUNSELORS. THE SCHOOL OFFERS ITS STUDENTS A RICH AND DYNAMIC CURRICULUM THAT PROMOTES CRITICAL THINKING, COLLABORATION, AND CREATIVITY. OUTSIDE THE CLASSROOM, STUDENTS ARE ENCOURAGED TO PARTICIPATE IN ATHLETICS, EXPLORE THEIR ARTISTIC ABILITIES, AND ENGAGE IN THE WORLD BEYOND THE CAMPUS THROUGH SERVICE TO THE COMMUNITY, INTERNSHIPS AND EDUCATIONAL TRAVEL. 19860253 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 0 0 0 0 1 0 0 0 0 0 0 0 0 1 68 0 1 183 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 CA X JILL LIVERMORE 9492190100 20402 NEWPORT COAST DRIVE NEWPORT COAST CA 92657 GORDON MCNEILL PRESIDENT (RESIGNED 6/30/2020) 40.00 X 947367 0 231296 PATRICIA MERZ HEAD OF SCHOOL 40.00 X 576480 0 119494 JILL LIVERMORE CHIEF FINANCIAL OFFICER 40.00 X 272353 0 19035 ELIANE MIJALIS DIRECTOR OF ADMISSIONS & FA 40.00 X 202042 0 22454 MATTHEW BALOSSI DEAN OF FACULTY & CURRICULUM 40.00 X 182574 0 28668 FRANK SMITH COLLEGE COUNSELER 40.00 X 148797 0 18372 DEREK CARLSON MATHEMATICS TEACHER 40.00 X 149078 0 5592 NATHAN MILLER FACULTY & PROGRAM HEAD-X-COUNTRY 40.00 X 145370 0 14751 MIKE BOLEN BOARD CHAIR 1.00 X X 0 0 0 DAVID FISHMAN TREASURER 1.00 X X 0 0 0 RICK LOWE SECRETARY 1.00 X X 0 0 0 DARRYL BUTTON TRUSTEE 1.00 X 0 0 0 PRIYAN CHANDRARATNA TRUSTEE 1.00 X 0 0 0 DOUG COLLIER TRUSTEE 1.00 X 0 0 0 SANDY IRANI TRUSTEE 1.00 X 0 0 0 PAOLO LEON TRUSTEE 1.00 X 0 0 0 LORELLEN GREEN TRUSTEE 1.00 X 0 0 0 CHRISTY MARLIN TRUSTEE 1.00 X 0 0 0 LISA MERAGE TRUSTEE 1.00 X 0 0 0 KIM STOBART TRUSTEE 1.00 X 0 0 0 STANTON ROWE TRUSTEE 1.00 X 0 0 0 CHARLES RUCK TRUSTEE 1.00 X 0 0 0 PRAKASH SAKRANEY TRUSTEE 1.00 X 0 0 0 MARK MURRAY TRUSTEE 1.00 X 0 0 0 SCOTT WEINER TRUSTEE 1.00 X 0 0 0 KATHY WILK TRUSTEE 1.00 X 0 0 0 VAN WILSON TRUSTEE 1.00 X 0 0 0 2624061 0 459662 31 0 1 0 LAKELAND HOLDINGS LLC 2 HERITAGE DRIVE SUITE 402 QUINCY MA 02171 TRAVEL SERVICES 797912 GEARSHIFT INC 930 W 16TH ST SUITE E2 COSTA MESA CA 92627 MARKETING SERVICES 344712 HARBOR BUILDING MAINTENANCE INC 5011 ARGOSY AVE STE 11 HUNTINGTON BEACH CA 92649 CUSTODIAL SERVICES 273829 FLIK INDEPENDENT SCHOOLS PO BOX 50196 LOS ANGELES CA 90074 FOOD SERVICES 261609 SEQUOIA ENVIROMENTAL SERVICES INC 1 UNIVERSITY DRIVE ALISO VIEJO CA 92656 LANDSCAPE MANAGEMENT 218589 9 150492 1925000 1415064 157513 3490556 TUITION AND FEES 611710 23112687 23112687 SUMMER AND ENRICHMENT PROGRAMS 611710 193471 193471 FORFEITED TUITION & DEPOSITS 611710 97460 97460 APPLICATION FEES 611710 33700 33700 23437318 490458 490458 2993004 2405530 587474 587474 587474 54430 150492 45939 8491 8491 PARENT ASSOCIATION ACTIVITIES 900099 37500 37500 OTHER INCOME 900099 4950 4950 42450 28056747 23437318 0 1128873 2285496 2285496 1021724 290525 585937 145262 10972624 8534198 2025702 412724 466152 383910 61650 20592 1099848 879383 200552 19913 828504 496474 296010 36020 134418 134418 51280 51280 98738 8819 72369 17550 518365 518365 319598 94437 138791 86370 370536 345598 22836 2102 490861 462076 25975 2810 10011 5900 4111 485852 457361 25710 2781 2792785 2629013 147784 15988 298638 266907 30338 1393 FACILITIES 1565673 1475039 81786 8848 ACADEMIC SUPPORT 314302 314302 SUMMER & ENRICHMENT CLA 247502 247502 ATHLETICS 196540 196540 957804 486773 403999 67032 25527251 19860253 4827613 839385 11900770 909715 8520408 22398853 1230623 613000 673832 20180 183522 219372 101432343 30060215 73225858 71372128 23026662 28549001 64744 474352 647126 709265 119473545 125265866 3061542 2350957 11728116 13254906 17738861 17684917 1925000 0 34453519 33290780 X 74207111 78966548 10812915 13008538 85020026 91975086 119473545 125265866 2529496 4425564 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23091406 587390 5344557 29023353 21055513 305875 1760018 30000 23091406 19748190 536119 1249510 478306 21055513 16368122 2453805 976263 50000 19748190 14500884 117692 1749546 16368122 0.58560 0.26140 0.15300 0 0 20128606 20128606 73418585 25062702 48355883 7714749 4845713 2869036 170403 151800 18603 71372128 X 29877635 4425564 -2604676 1820888 28056747 0 28056747 22922575 -2604676 -2604676 25527251 0 25527251 PART V, LINE 4: THE INTENDED USE OF ENDOWMENT FUNDS ARE FOR FINANCIAL AID AND OPERATIONS. PART X, LINE 2: THE SCHOOL HAS BEEN GRANTED EXEMPTION FROM INCOME TAX UNDER SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -2,285,496. SUMMER AND AUX PROGRAM EXPENSES -247,502. LOSS ON EXTINGUISHMENT OF BONDS -71,678. PART XII, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -2,285,496. SUMMER AND AUX PROGRAM EXPENSES -247,502. LOSS ON EXTINGUISHMENT OF BONDS -71,678. 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 SCHOOL HAS POSTED THE NOTICE ON A PROMINENT SPOT ON IT'S MAIN WEBSITE. SCHEDULE E, PART I, LINE 6 THE SCHOOL APPLIED FOR AND RECEIVED THE SBA PPP LOAN IN APRIL 2020, WHICH WAS FORGIVEN IN APRIL 2021. SPRING EVENT 204922 150492 54430 45939 0 204922 150492 54430 45939 45939 8491 1 FINANCIAL AID 65 2285496 PART I, LINE 2: ON A NON-DISCRIMINATORY BASIS, THE FINANCIAL AID COMMITTEE DETERMINES THE ALLOCATION OF THE AWARD BASED ON NEED, UTILIZING DATA FROM A THIRD-PARTY FINANCIAL AID SERVICE. THE LIST OF STUDENTS RECEIVING FINANCIAL AID IS GIVEN TO THE BUSINESS OFFICE WHERE THE TUITION BILLING IS PROCESSED. X 1 1 X X X 0 1 0 0 0 0 0 1 0 GORDON MCNEILL PRESIDENT (RESIGNED 6/30/2020) 200335 0 92500 0 654532 0 103150 0 128146 0 1178663 0 0 0 PATRICIA MERZ HEAD OF SCHOOL 456412 0 117500 0 2568 0 115458 0 4036 0 695974 0 0 0 JILL LIVERMORE CHIEF FINANCIAL OFFICER 270461 0 0 0 1892 0 13719 0 5316 0 291388 0 0 0 ELIANE MIJALIS DIRECTOR OF ADMISSIONS & FA 191680 0 7500 0 2862 0 9609 0 12845 0 224496 0 0 0 MATTHEW BALOSSI DEAN OF FACULTY & CURRICULUM 181138 0 0 0 1436 0 7827 0 20841 0 211242 0 0 0 FRANK SMITH COLLEGE COUNSELER 144531 0 0 0 4266 0 7442 0 10930 0 167169 0 0 0 DEREK CARLSON MATHEMATICS TEACHER 105855 0 0 0 43223 0 5293 0 299 0 154670 0 0 0 NATHAN MILLER FACULTY & PROGRAM HEAD-X-COUNTRY 132506 0 0 0 12864 0 6709 0 8042 0 160121 0 0 0 PART I, LINE 1A THE PRESIDENT AND HEAD OF SCHOOL ARE ALLOWED TO TRAVEL FIRST CLASS IF BUSINESS CLASS IS NOT AVAILABLE. PART I, LINE 4B THE SCHOOL MADE CONTRIBUTIONS TO THE 457(F) PLANS OF GORDON MCNEILL, $92,500, AND PATRICIA MERZ, $101,208. PART I, LINE 7 BONUS PAID TO: GORDON MCNEILL $92,500 (OF WHICH $19,500 WAS DEPOSITED IN HIS 457(B) PLAN); PATRICIA MERZ $117,500 AND TO ELAINE MIJALIS $7,500. SCHEDULE J, PART II, COLUMN (B) FOR CLARIFICATION, THE SCHEDULE J COLUMN B AMOUNTS REFLECT W-2 WAGES FOR THE 2020 CALENDAR YEAR. SCHEDULE J, PART II, COLUMN (D) INCLUDED IN NONTAXABLE BENEFITS ARE: HEALTH INSURANCE PREMIUMS, TUITION REMISSION AND CAFETERIA PLANS. SCHEDULE J, PART II, COLUMN (B) (III) THE BOARD APPROVED AN AMENDMENT TO THE 457F PLAN TO FULLY VEST GORDON MCNEILL'S BENEFITS UNDER THE PLAN AS OF JUNE 30, 2020. INCLUDED IN CALENDAR 2020 EARNINGS IS A DISTRIBUTION IN THE AMOUNT OF $567,917 FOR GORDON MCNEILL. A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 2020-12-08 18200000 TO REFINANACE BONDS ISSUED IN 2010. 0 0 0 A 18200000 234194 0 1 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 X 5 132512 FAIR MARKET VALUE 0 0 1 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS REPRESENT THE NUMBER OF NON-CASH TRANSACTION. PART I, LINE 32B: ALL STOCK GIFTS DONATED TO THE SCHOOL ARE SENT DIRECTLY TO THE BANK. THE BANK HAS INSTRUCTIONS TO SELL IMMEDIATELY. PART I COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTION TRANSCATION RECEIVED DURING THE FISCAL YEAR 2021. FORM 990, PART VI, SECTION A, LINE 2 CHARLES RUCK AND HIS LAW FIRM FROM TIME TO TIME DOES BUSINESS WITH CORPORATIONS THAT EMPLOY OR ARE RELATED TO CERTAIN BOARD MEMBERS. RICK LOWE'S FINANCIAL ADVISORY FIRM HAS BUSINESS RELATIONSHIPS WITH SERVERAL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, A DRAFT OF THE 990, WITHOUT SCHEDULE B, IS REVIEWED WITH THE MEMBERS OF THE AUDIT COMMITTEE. A DRAFT OF THE FORM 990, WITHOUT SCHEDULE B, IS ALSO CIRCULATED TO ALL TRUSTEES FOR THEIR REVIEW PRIOR TO FILING. IN ADDITION, AND ALSO PRIOR TO FILING, THE CHAIR AND VICE CHAIR OF THE BOARD IS GIVEN A COMPLETE COPY OF THE FORM 990 TO REVIEW, INCLUDING SCHEDULE B. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, EACH BOARD MEMBER SIGNS THE CONFLICT OF INTEREST POLICY AGREEING THAT THEY HAVE RECEIVED AND UNDERSTAND THE POLICY. THEY ALSO SIGN THE SUPPLEMENT TO THE CONFLICT OF INTEREST POLICY THAT ADDRESSES AND DISCLOSES ISSUES OF RELATED PARTY TRANSACTIONS. THIS IS NORMALLY DOCUMENTED AT THE FIRST BOARD MEETING OF THE YEAR. OUR CONFLICT OF INTEREST POLICY WAS REVISED TO INCLUDE KEY EMPLOYEES EFFECTIVE FEBRUARY 2017. FORM 990, PART VI, SECTION B, LINE 15A THE SCHOOL HAS A COMPENSATION COMMITTEE COMPOSED OF TRUSTEES AND EMERITI. THE COMPENSATION COMMITTEE MEETS AS NEEDED TO DISCUSS AND APPROVE THE COMPENSATION PACKAGES OF THE PRESIDENT AND HEAD OF SCHOOL. OTHER SCHOOL OFFICERS AND KEY EMPLOYEES COMPENSATION IS REVIEWED BY THE COMPENSATION COMMITTEE BUT THE HEAD OF SCHOOL APPROVES THEIR COMPENSATION PACKAGES. COMPARABILITY DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOL'S DATABASE IS CIRCULATED TO THE COMMITTEE PRIOR TO THE REVIEW MEETING AND IS DISCUSSED AT THE MEETING. COMPARATIVE DATA GROUPS INCLUDE SIMILAR TYPE SCHOOLS ( I.E., INDEPENDENT, NON-PROFIT, COED, DAY ONLY) AND SCHOOLS WITH SIMILAR NUMBERS OF STUDENTS AND OPERATING EXPENSES. MINUTES OF THE MEETING ARE KEPT IN THE BUSINESS OFFICE. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE SCHOOL HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND TAX RETURNS. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.