2022-05-16T10:46:11-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2020-07-01 951856591 THE WEBB SCHOOLS WEBB 9096263587 1175 W BASELINE ROAD CLAREMONT CA 91711 JANET K PEDDY CFO, ASST SECRETARY 9096263587 2022-05-13 1 JANET PEDDY 999009999 DERRICK DEBRUYNE CPA P00591016 6268577300 2022-05-13 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z TAYLOR STOCKDALE 1175 W BASELINE ROAD CLAREMONT CA 91711 26885563 0 X WWW.WEBB.ORG X 1955 CA THE MISSION OF THE WEBB SCHOOLS IS TO PROVIDE AN EXEMPLARY LEARNING COMMUNITY. 26 24 194 175 0 0 5043847 3895536 23589071 20369763 1482536 1313893 12272 62767 30127726 25641959 5912890 5377171 0 0 13038231 13045954 0 0 2042984 8357384 7241421 27308505 25664546 2819221 -22587 90674489 97997385 17234325 17021249 73440164 80976136 X THE MISSION OF THE WEBB SCHOOLS IS TO PROVIDE AN EXEMPLARY LEARNING COMMUNITY THAT NURTURES AND INSPIRES BOYS AND GIRLS TO BECOME MEN AND WOMEN WHO THINK BOLDLY, MINDFULLY AND CREATIVELY, ACT WITH HONOR AND MORAL COURAGE, LEAD WITH DISTINCTION, AND SERVE WITH A GENEROUS SPIRIT. 0 0 17740655 5377171 20369763 BOARDING AND DAY SCHOOL INSTRUCTION FOR APPROXIMATELY 410 STUDENTS. 17740655 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 0 1 51 0 1 194 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 26 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X JANET PEDDY CFO 9096263587 1175 WEST BASELINE ROAD CLAREMONT CA 91711 TAYLOR B STOCKDALE PRESIDENT, HEAD OF SCHOOLS 40.00 5.00 X X 500965 0 199691 JANET K PEDDY CFO, ASST SECRETARY 40.00 10.00 X X 254877 0 37127 THERESA SMITH PHD ASSOCIATE HEAD OF SCHOOLS 40.00 X 220052 0 58680 DUTCH BARHYDT DIR OF ADVANCEMENT 40.00 X 216817 0 54165 JAMILA EVERETT PHD DIR OF ADMISSION 40.00 X 208788 0 60786 JOE WOODWARD DIR OF STRATEGIC COMM 40.00 X 158831 0 29280 HECTOR MARTINEZ DEAN OF COLLEGE GUIDANCE 40.00 X 139052 0 32278 ROBERT FASS SENIOR DIR OF DEVELOPMENT 40.00 X 125533 0 31271 LAURA WENSLEY SENIOR DIR OF DEVELOPMENT 40.00 X 124578 0 31107 KEVIN DOYLE DIR OF FACILITIES 40.00 X 132795 0 7333 SANJAY DHOLAKIA TRUSTEE, CHAIRMAN 5.00 1.00 X X 0 0 0 DAVID LOO TRUSTEE, VICE CHAIR 3.00 X X 0 0 0 CHRISTINA MCGINLEY PHD TRUSTEE, VICE CHAIR, SEC 3.00 X X 0 0 0 BLAKE BROWN TRUSTEE 3.00 X 0 0 0 MICHAEL CHANG TRUSTEE 2.00 X 0 0 0 DEVAL DVIVEDI TRUSTEE 3.00 X 0 0 0 JENNA GAMBARO JD TRUSTEE 2.00 X 0 0 0 JANEL HENRIKSEN HASTINGS PHD TRUSTEE 2.00 X 0 0 0 BILL HORNBUCKLE TRUSTEE 2.00 X 0 0 0 NAVEEN JEEREDDI TRUSTEE 2.00 X 0 0 0 SANDRA LEE REBISH MD TRUSTEE 2.00 X 0 0 0 JULIA MARCIARI-ALEXANDER PHD TRUSTEE 2.00 X 0 0 0 ROGER J MILLAR TRUSTEE 5.00 X 0 0 0 RAHMI MOWJOOD DO TRUSTEE 2.00 X 0 0 0 DAVID MYLES PHD TRUSTEE 2.00 0.25 X 0 0 0 MICKEY NOVAK TRUSTEE 2.00 X 0 0 0 RJ ROMERO TRUSTEE 2.00 0.25 X 0 0 0 MILES R ROSEDALE TRUSTEE 3.00 X 0 0 0 WENDIN SMITH PHD TRUSTEE 3.00 X 0 0 0 LARA TIEDANS PHD TRUSTEE 2.00 X 0 0 0 DENIS YIP TRUSTEE 2.00 X 0 0 0 MELVIN OLIVER PHD TRUSTEE 2.00 X 0 0 0 LARRY ASHTON TRUSTEE 2.00 5.25 X 0 0 0 LANCE WILLIAMS TRUSTEE 2.00 X 0 0 0 2082288 0 541718 19 0 1 0 DEL AMO CONSTRUCTION INC 23840 MADISON ST TORRANCE CA 90505 CONSTRUCTION 4614633 RESOURCE COMPUTER SOLUTIONS INC 2058 N MILLS AVE CLAREMONT CA 91711 INFORMATION TECHNOLOGY 518860 CULINART GROUP INC PO BOX 50196 LOS ANGELES CA 900740196 CULINARY SERVICE 340388 KITLER LA LLC 2785 E FOOTHILL BLVD SUITE 100 PASADENA CA 91107 PUBLICATIONS AND MARKETING 167576 PAGE & TURNBULL INC 170 MAIDEN LANE 5TH FLOOR SAN FRANCISCO CA 94108 ARCHITECHTURE AND DESIGN 137400 5 3895536 2306607 3895536 TUITION AND FEES 611710 20369763 20369763 20369763 809416 809416 1748081 1242996 608 505085 -608 504477 504477 MISCELLANEOUS 611710 62767 62767 62767 25641959 20369763 0 1376660 5377171 5377171 1972433 121431 1308303 542699 8401570 5398478 2166164 836928 560833 405700 89293 65840 1574242 804874 660933 108435 536876 394590 78704 63582 92098 88028 4070 102176 99140 3036 121042 121042 208824 208824 299748 155397 93389 50962 177972 7706 137199 33067 768847 719021 33256 16570 1576983 1450824 110389 15770 101321 17128 82271 1922 120575 60523 58093 1959 1575 1575 1520499 1398859 106435 15205 827272 679257 134984 13031 MARKETING EXPENSES 336359 199011 137348 INSTRUCTIONAL MATERIALS 308686 308686 OTHER STUDENT PROGRAMS 180844 180844 STUDENT SUPPORT SERVICE 166491 166491 330109 5647 187832 136630 25664546 17740655 5880907 2042984 996455 1630375 13711607 12093310 3063601 1702923 278661 242340 9931 9289 262247 463384 58259076 27556374 24720701 30702702 28864971 40766323 8798413 5961766 9967902 4424973 90674489 97997385 2360968 2210299 3006039 3785450 8983514 8757548 2883804 2267952 17234325 17021249 X 37608932 41888684 35831232 39087452 73440164 80976136 90674489 97997385 X -22587 6923157 635402 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37074644 456679 7994678 609241 1005782 43910978 34653081 2875392 802214 548976 682067 25000 37074644 32712398 1521286 1828216 510413 898406 34653081 28650274 3409791 1737885 489462 596090 32712398 26224144 714532 2791045 481144 598303 28650274 0.27400 0.58300 0.14300 0 0 5796493 5796493 47538249 24010279 23527970 3142481 2310992 831489 1781853 1235103 546750 30702702 OFF-SHORE FUND 1171522 F PRIVATE PARTNERSHIP 2658720 F HEDGE FUNDS 2131524 F 5961766 TRUST LIABILITIES - STUDENT CLUBS 46404 LIABILITIES RE: SWAP AGREEMENT 1931343 LIABILITIES RE: SPLIT INTEREST AGREEMENT 140205 DUE TO OTHER FUNDS 150000 2267952 X 27715746 6923158 6923158 20792588 208824 4640547 4849371 25641959 20513600 0 20513600 208824 4942122 5150946 25664546 PART V, LINE 4: THE SCHOOLS' ENDOWMENT CONSISTS OF APPROXIMATELY 154 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTESS TO FUNCTION AS ENDOWMENT (QUASI-ENDOWMENT). PART X, LINE 2: THE SCHOOLS HAVE EVALUATED TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT OF TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO THE SCHOOLS CONTINUED QUALIFICATION AS A TAX- EXEMPT ORGANIZATION AND WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE SCHOOL IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THE EXEMPT PURPOSES. THE SCHOOL FILES AN EXEMPT SCHOOL RETURN AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD. PART XI, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL SCHOLARSHIPS, TUITION DISCOUNTS 4,640,547. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS AND INSTITUTIONAL SCHOLARSHIPS 4,640,547. PAYMENT TO REF 1,575. 457(F) II PAYMENT AS TRANSER ON FINANCIAL STATEMENTS 250,000. LEGAL SETTLEMENT AS TRANSER FROM FINANCIAL STATEMENT 50,000. 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 PUBLICIZES ITS NON-DISCRIMINATION POLICY IN ADVERTISEMENTS, ON ITS WEBSITE, AND IN OTHER EXTERNAL COMMUNICATIONS FOR RECRUITING, HIRING AND SOLICITATIONS. THE NON-DISCRIMINATION POLICY IS ALSO PUBLISHED IN INTERNAL HANDBOOKS AND OPERATING MANUALS. 1 FINANCIAL AID 151 5377171 FMV FINANCIAL AID, TUITION AND FEES REMISSION, TECHNOLOGY GRANTS AND TRIP SCHOLARSHIPS PART I, LINE 2: ALL AWARDS ARE FOR FINANCIAL AID OR TUITION REMISSION AT THE WEBB SCHOOLS. X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 TAYLOR B STOCKDALE PRESIDENT, HEAD OF SCHOOLS 400965 0 0 0 100000 0 103500 0 96191 0 700656 0 75000 0 JANET K PEDDY CFO, ASST SECRETARY 242377 0 12500 0 0 0 24061 0 13066 0 292004 0 0 0 THERESA SMITH PHD ASSOCIATE HEAD OF SCHOOLS 220052 0 0 0 0 0 17600 0 41080 0 278732 0 0 0 DUTCH BARHYDT DIR OF ADVANCEMENT 216817 0 0 0 0 0 14789 0 39376 0 270982 0 0 0 JAMILA EVERETT PHD DIR OF ADMISSION 208788 0 0 0 0 0 13291 0 47495 0 269574 0 0 0 JOE WOODWARD DIR OF STRATEGIC COMM 158831 0 0 0 0 0 16232 0 13048 0 188111 0 0 0 HECTOR MARTINEZ DEAN OF COLLEGE GUIDANCE 139052 0 0 0 0 0 13936 0 18342 0 171330 0 0 0 ROBERT FASS SENIOR DIR OF DEVELOPMENT 125533 0 0 0 0 0 12934 0 18337 0 156804 0 0 0 LAURA WENSLEY SENIOR DIR OF DEVELOPMENT 124578 0 0 0 0 0 12771 0 18336 0 155685 0 0 0 PART I, LINE 1A AS APPROVED AND ENCOURAGED BY THE BOARD OF TRUSTESS, THE SPOUSE OF THE HEAD OF SCHOOLS ACCOMPANIES HIM TO CONFERENCES, FUNDRAISING TRIPS AND ALUMNI EVENTS. ON THE TRIPS, THE SPOUSE HELPS TO REPRESENT THE SCHOOLS. PART I, LINE 4B THE WEBB SCHOOLS FUND TWO 457(F) PLANS. AS DEFINED BY EMPLOYMENT CONTRACT, EACH PLAN HAS SPECIFIC CONTRIBUTION AND PAYMENT SCHEDULES, BASED ON CERTAIN EMPLOYMENT CRITERIA, LIKE THE LENGTH OF EMPLOYMENT OR MEETING PRE-DEFINED GOALS. FOR THE FISCAL YEAR ENDED JUNE 30, 2021 TWO DISTRIBUTIONS WERE MADE FOR ONE PARTICIPANT IN THE AMOUNTS OF $125,000 AND $250,000, RESPECTIVELY. A CA MUNICIPAL FINANCE AUTHORITY 201563466 2012-03-06 10700000 ACQUISITION , CONSTRUCTION, RENOVATION OF SCHOOL FACILITIES 0 0 0 A 1755000 10700992 420866 274015 10438862 13010 2016 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 1 1 1 UNION BANK 260.000000000000 0 0 0 NA 0 1 0 A 0 DR THERESA SMITH KEY EMPLOYEE 43655 TUITION REMISSION STANDARD EMPLOYEE BENEFIT BOB FASS KEY EMPLOYEE 43655 TUITION REMISSION STANDARD EMPLOYEE BENEFIT X 7 2294918 MARKET VALUE X COVID SUPPLIES 21110 11690 ESTIMATED FAIR MARKE 0 1 0 PART I, COLUMN (B): THE SCHOOL RECEIVED MULTIPLE DONATIONS OF 10 INKNBURN FACE MASKS,1,000 N95 MASKS, 20,000 FACE MASKS, AND 100 SURGICAL FACE MASKS. ALSO, 7 STOCKS WERE DONATED TO THE SCHOOL AT MARLET VALUE. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE BOARD BETWEEN BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES AND OFFICERS COMPLETE CONFLICT OF INTEREST STATEMENTS ON AN ANNUAL BASIS; THESE DOCUMENTS ARE REVIEWED BY THE CHIEF FINANCIAL OFFICER AND ANY EXCEPTIONS ARE REPORTED TO THE HEAD OF SCHOOLS, AUDIT COMMITTEE CHAIR AND CHAIRMAN OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 THE ADMINISTRATION AND CONSULTANTS CONDUCT MARKET RESEARCH BASED ON INDUSTRY STANDARDS IN SIMILAR ORGANIZATIONS WHEN DETERMINING COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. THE BOARD OF TRUSTEES REVIEWS AND APPROVES TOTAL COMPENSATION, COMPENSATION FOR THE HEAD OF SCHOOLS, AND REVIEWS COMPENSATION PACKAGES FOR OTHER KEY EMPLOYEES. THE HEAD OF SCHOOLS APPROVES COMPENSATION FOR ALL OTHER EMPLOYEES. SAME AS ABOVE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST, WHISTLE-BLOWER AND DOCUMENT RETENTION POLICES, AND FINANCIAL STATEMENTS ARE DISTRIBUTED TO THE GOVERNING BODY. THESE ITEMS ARE AVAILABLE UPON REQUEST TO OTHERS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -51,694. CHANGE IN VALUE OF SWAP AGREEMENT LIABILITY 687,096. FORM 990, PART XII, LINE 2C: THE SCHOOLS HAVE NOT CHANGED THE OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. RAYMOND M ALF MUSEUM 1175 WEST BASELINE ROAD CLAREMONT CA 91711 953366309 MUSEUM CA 501(C)(3) LINE 7 THE WEBB SCHOOLS 1 WEBB SCHOOLS REAL ESTATE FUND 1175 WEST BASELINE ROAD CLAREMONT CA 91711 201554974 REAL ESTATE FUND CA 501(C)(3) LINE 12A, I THE WEBB SCHOOLS 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 0