2022-03-11T20:59:27-06:00 2021-06-30 941250261 LINDQUIST VON HUSEN & JOYCE LLP 301 HOWARD STREET SUITE 850 SAN FRANCISCO CA 94105 990 2020-07-01 942153158 LIVE OAK A LEARNING CENTER FOR CHILDREN LIVE 4158618840 1555 MARIPOSA STREET SAN FRANCISCO CA 94107 VIRGINIA PAIK HEAD OF SCHOOL 4158618840 2022-03-10 1 VIRGINIA PAIK 999009999 ALEXIS H WONG P00604756 4159579999 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z VIRGINIA PAIK 1555 MARIPOSA STREET SAN FRANCISCO CA 94107 74513673 0 X WWW.LIVEOAKSF.ORG X 1971 CA CONTINUED EXPANSION OF ENROLLMENT IN-LINE WITH STRATEGIC PLAN GOALS FOR 2 SECTIONS IN GRADE K-5 AND 3 SECTIONS IN GRADE 6-8. TRANSITION TO VIRTUAL EDUCATIONAL PROGRAMS FROM MARCH TO JUNE 2020 IN RESPONSE TO COVID-19 PANDEMIC. 20 18 112 50 0 0 850498 2589930 14568874 15108445 401921 168329 -4200 -4618 15817093 17862086 2150189 2284401 0 0 8300089 8866710 0 0 541796 5368388 4756134 15818666 15907245 -1573 1954841 38111280 39976523 20467033 18636089 17644247 21340434 X LIVE OAK SCHOOL SUPPORTS THE POTENTIAL AND PROMISE OF EACH STUDENT. WE PROVIDE A STRONG ACADEMIC FOUNDATION, FOSTER SKILLS TO EFFECT CHANGE, AND DEVELOP COURAGEOUS AND CONSCIENTIOUS LEARNERS FROM ALL BACKGROUNDS. WE INSPIRE STUDENTS TO ADVANCE EQUITY AND INCLUSION, TO ACT WITH COMPASSION AND INTEGRITY, AND TO PURSUE A LIFELONG PASSION FOR LEARNING. 1 1 12909393 2284401 15108445 EDUCATIONAL PROGRAM: LIVE OAK SCHOOL ENROLLED 403 STUDENTS AND OPERATED 174 SCHOOL DAYS WITH 115 STAFF. EXTENDED CARE: CANCELLED EXTENDED CARE, FIELD TRIPS AND OUTDOOR EDUCATION PROGRAMS, AND THIRD-PARTY TRANSPORTATION PROGRAM. LUNCH PROGRAM CHANGED TO INDIVIDUAL SERVINGS DUE TO COVID-19 (NO CAFETERIA STYLE). 12909393 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 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 0 0 0 0 1 19 0 112 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X ERIK PAXMAN 4158618840 1555 MARIPOSA STREET SAN FRANCISCO CA 94107 CRYSTAL MICKLES CHAIRPERSON 2.00 X X 0 0 0 DREW WILLIAMSON VICE CHAIR 2.00 X X 0 0 0 VOLTAIRE VILLANUEVA SECRETARY 2.00 X X 0 0 0 REGINA EBERHART TREASURER 2.00 X X 0 0 0 MATT BABLER TRUSTEE 2.00 X 0 0 0 SARA BAHAT TRUSTEE 2.00 X 0 0 0 NANCY BUSH O'CALLAGHAN TRUSTEE 2.00 X 0 0 0 RACHEL BERNSTEIN TRUSTEE 2.00 X 0 0 0 AJAY GOPAL TRUSTEE 2.00 X 0 0 0 PHIL GUTIERREZ TRUSTEE 2.00 X 0 0 0 SHAHARAZAD HAMIDI TRUSTEE 2.00 X 0 0 0 HANMIN LEE TRUSTEE 2.00 X 0 0 0 MICHAEL LINN TRUSTEE 2.00 X 0 0 0 BRENDA MCCONATHY TRUSTEE 2.00 X 0 0 0 TESHA MCCORD POE TRUSTEE 2.00 X 0 0 0 GINA PATTERSON TRUSTEE 2.00 X 0 0 0 JACK POINDEXTER TRUSTEE 2.00 X 0 0 0 STACEY DELO PGA CHAIR 2.00 X 0 0 0 KAREN OLSON TRUSTEE/FACULTY 41.00 X 95514 0 7768 NEIL CASHMAN TRUSTEE/FACULTY 41.00 X 80405 0 14161 VIRGINIA PAIK HEAD OF SCHOOL 60.00 X 524043 0 39415 ERIK PAXMAN DIRECTOR OF FINANCE & OPS. 50.00 X 199102 0 20583 KENDRA MASTAIN DIRECTOR OF ADVANCEMENT 50.00 X 163107 0 27072 TRACEY GERSTEN DIRECTOR OF ADMISSIONS 50.00 X 156749 0 24791 EMMA PEAT MIDDLE SCHOOL HEAD 50.00 X 129666 0 14080 MARY ANN CHIN NG DIRECTOR OF LEARNING SRVCS 50.00 X 126060 0 9076 LUIS MARTINEZ-SATRAS CONTROLLER 50.00 X 120902 0 17710 1595548 0 174656 10 0 1 0 KRMR LLC 683 BRANNAN STREET 308 SAN FRANCISCO CA 94107 LANDLORD 894201 GREYNER CLEANING 239 RUBY AVENUE RICHMOND CA 94801 CLEANING SERVICES 170142 KNOWING TECHNOLOGIES 1528 S EL CAMINO REAL 307 SAN MATEO CA 94402 TECHNOLOGY SERVICES 168196 3 1171 1381138 1207621 1499501 2589930 TUITION & FEE 611600 15081984 15081984 OTHER INCOME 611600 26461 26461 15108445 57829 57829 56757469 56646969 110500 110500 110500 0 1171 4618 -4618 -4618 17862086 15108445 0 163711 2284401 2284401 1025131 752446 231680 41005 6412991 4707135 1449336 256520 368400 270406 83258 14736 548241 402409 123902 21930 511947 375769 115700 20478 13819 13305 386 128 40820 39302 1138 380 113264 8514 104750 970769 941840 28929 1500 1500 302942 291673 8452 2817 1119267 1077630 31228 10409 101314 97545 2827 942 OTHER PROGRAM EXPENSE 486645 486645 LUNCH PROGRAM 402065 402065 FACILITIES MAINT/REPAIR 353199 340060 9854 3285 BAD DEBT EXPENSE 333542 333542 516988 425262 27310 64416 15907245 12909393 2456056 541796 2067285 1206865 224111 12587683 1010969 470893 36365 9974 168813 205332 32053421 9618742 23098507 22434679 11373635 2939502 131595 121595 38111280 39976523 924099 988271 9207135 9056571 8073908 7825734 2110373 598205 151518 167308 20467033 18636089 X 15089777 18322330 2554470 3018104 17644247 21340434 38111280 39976523 X 1954841 439186 1302160 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2262300 593928 2856228 2203456 31934 26910 2262300 2135062 13301 149093 94000 2203456 2057906 450 166706 90000 2135062 1864451 900 257555 65000 2057906 0.59434 0.40567 0 0 3017877 3017877 19399427 6437957 12961470 6100989 1016534 5084455 3449289 2126268 1323021 85839 37983 47856 22434679 CAPITAL DEPOSITS 20623 EQUIPMENT LEASE OBLIGATION 123747 INTEREST PAYABLE 22938 167308 X 16021489 439186 4618 443804 15577685 2284401 2284401 17862086 13627462 4618 4618 13622844 2284401 2284401 15907245 PART X, LINE 2: MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. LIVE OAK'S FEDERAL AND STATE INFORMATION RETURNS FOR THE YEARS 2017 THROUGH 2020 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 4,618. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS 2,284,401. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 4,618. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS 2,284,401. 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 POLICY IS POSTED ON THE SCHOOL WEBSITE. 1 TUITION ASSISTANCE TO STUDENTS - REDUCED FEES 86 2248697 ACTUAL AMOUNT TUITION REDUCTION TUITION ASSISTANCE TO STUDENTS - SCHOLARSHIPS 1 35704 ACTUAL AMOUNT SCHOLARSHIP AWARD PART I, LINE 2: GRANTS ARE FOR A REDUCTION IN TUITION AND A REDUCTION IN THE COST OF ACTIVITIES, SO THE GRANTS CAN ONLY BE USED FOR THE INTENDED PURPOSE. X 1 0 X X X X X X 0 0 0 0 0 0 0 0 0 VIRGINIA PAIK HEAD OF SCHOOL 418902 0 50000 0 55141 0 29323 0 10092 0 563458 0 0 0 ERIK PAXMAN DIRECTOR OF FINANCE & OPS. 199102 0 0 0 0 0 11946 0 8637 0 219685 0 0 0 KENDRA MASTAIN DIRECTOR OF ADVANCEMENT 163107 0 0 0 0 0 11418 0 15654 0 190179 0 0 0 TRACEY GERSTEN DIRECTOR OF ADMISSIONS 156749 0 0 0 0 0 10972 0 13819 0 181540 0 0 0 A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 2015-07-01 8300000 LOAN REFINANCE - CONSTRUCTION 0 0 0 A 8300000 20750 5329250 2950000 2018 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 SCHEDULE K, PART I TO V: BEGINNING OF 2015-16 IT WAS THE ORGANIZATION'S INTERPRETATION AT THE TIME, THAT THE TAX-EXEMPT BOND WOULD BE TREATED AS A NOTE HELD BY THE COMMERCIAL LENDER, FIRST REPUBLIC BANK. STARTING 2019-20, THE ORGANIZATION HAS DECIDED IT WOULD BE APPROPRIATE TO DISCLOSE THE NOTE AS A TAX-EXEMPT BOND AND REPORT ALL REQUIRED INFORMATION ON FORM 990 AND SCHEDULE K. 276249 DISCOUNTED TUITION TUITION ASSISTANCE X 15 118363 FAIR MARKET VALUE X PPP LOAN FORGIVENESS 1 1381138 BOOK VALUE 0 0 1 0 FORM 990, PART III, LINE 2 CONDUCTED REMOTE LEARNING FROM AUGUST THROUGH OCTOBER 2020, AS A RESPONSE TO COVID-19 AND GUIDANCE FROM SAN FRANCISCO DEPARTMENT OF PUBLC HEALTH. RETURNED TO IN-PERSON LEARNING (4 DAYS A WEEK) FROM OCTOBER 2020 THROUGH JUNE 2021. FORM 990, PART III, LINE 3 CANCELLED EXTENDED CARE PROGRAMS, FIELD TRIPS AND OUTDOOR EDUCATION PROGRAM, AND THIRD-PARTY TRANSPORTATION PROGRAM. LUNCH PROGRAM CHANGED TO INDIVIDUAL SERVINGS DUE TO COVID-19 (NO CAFETERIA STYLE). FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS THE 990, PROVIDES EACH BOARD MEMBER WITH A COPY AND RECOMMENDS IT TO THE BOARD OF TRUSTEES FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD SIGNS A DECLARATION EACH YEAR THAT THEY HAVE NO CONFLICTS. THE SCHOOL BIDS OUT ALL SIGNIFICANT CONTRACTS TO ENSURE THAT ALL WORK IS DONE WITHOUT CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE (3 BOARD MEMBERS) WORKED WITH A CONSULTANT IN ORDER TO COMPARE THE EXPIRING EMPLOYMENT CONTRACT (VALID UNTIL JUNE 2018) FOR THE HEAD OF SCHOOL TO INDUSTRY AND LOCAL INDEPENDENT SCHOOL BENCHMARKS. BASED ON THE WORK WITH THE CONSULTANT, THE LIVE OAK BOARD OF TRUSTEES AND THE HEAD OF SCHOOL ENTERED INTO A 5-YEAR CONTRACT THAT BEGAN ON JULY 1, 2018 AND RUNS THROUGH JUNE 30, 2023. FORM 990, PART VI, SECTION C, LINE 19 PARTS OF THESE DOCUMENTS ARE AVAILABLE ON THE SCHOOL'S WEBSITE, AND THE FINANCIAL INFORMATION IS AVAILABLE ON THE 990. FORM 990, PART XI, LINE 9: CUMULATIVE-EFFECT ADJUSTMENT FROM ADOPTION OF ASC 606 1,302,160. FORM 990, PART XII, LINE 2C: THE REVIEW PROCESS HAS NOT BEEN CHANGED FROM PRIOR YEAR.