2022-02-17T11:03:06-06:00 2021-07-31 410746749 CLIFTONLARSONALLEN LLP 6501 AMERICAS PARKWAY NE SUITE 500 ALBUQUERQUE NM 87110 990 2020-08-01 850196115 SANDIA SCHOOL SAND 5053383000 532 OSUNA NE ALBUQUERQUE NM 87113 DACIA CARD CPA BUSINESS MANAGER 5053383000 2022-02-16 1 DACIA CARD CPA 999009999 STEPHEN LIVINGSTON P00317845 5058428290 2022-02-16 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z SANDIA PREPARATORY SCHOOL BILL SINFIELD 532 OSUNA NE ALBUQUERQUE NM 87113 15642758 0 X WWW.SANDIAPREP.ORG X 1965 NM ACADEMICS ARE OUR TOP PRIORITY, BALANCE IS OUR CORE VALUE, AND COMMUNITY MAKES US WHO WE ARE. OUR CHALLENGING, INNOVATIVE PROGRAM PREPARES EACH STUDENT FOR SUCCESS IN COLLEGE - AND BEYOND - AND INSPIRES EACH STUDENT TO FIND AND ACHIEVE HIS OR HER PURPOSE IN THE WORLD. 24 24 190 60 0 0 1297504 2199617 12058665 12323500 468523 781969 376848 273922 14201540 15579008 3260833 3358643 0 0 6957753 6955570 0 0 281242 3712933 3682160 13931519 13996373 270021 1582635 28359300 29951078 13410381 11893859 14948919 18057219 X SEE SCHEDULE O 0 0 7668638 12098772 INSTRUCTION - SANDIA PREP IS AN INDEPENDENT PRIVATE SCHOOL THAT SERVES APPROXIMATELY 505 DAY STUDENTS IN GRADES 6-12. SANDIA PREP PROVIDES REMARKABLE OPPORTUNITIES FOR INTELLECTUAL AND PERSONAL GROWTH WITHIN A CHALLENGING AND BALANCED PROGRAM. OUR INNOVATIVE COLLEGE PREP CURRICULUM PREPARES STUDENTS FOR SUCCESS IN COLLEGE AND BEYOND, AND INSPIRES EACH TO FIND AND ACHIEVE HIS OR HER PURPOSE IN THE WORLD. 3358643 3358643 FINANCIAL ASSISTANCE - SANDIA PREP PROVIDES TUITION REMISSION AND FINANCIAL ASSISTANCE TO STUDENTS WHO WOULD NOT OTHERWISE BE ABLE TO ATTEND. THE FINANCIAL ASSISTANT EXPENSES HELP FAMILIES PAY FOR THEIR STUDENTS TO ATTEND SANDIA PREP AND COMPRISE 40% OF THE STUDENT BODY. 308884 465382 SUMMER PROGRAMS - SANDIA PREP OFFERS A SUMMER PROGRAM THAT PROVIDES A SAFE AND EDUCATIONALLY CHALLENGING ENVIRONMENT FOR YOUNGER STUDENTS AND OUR CURRENT STUDENTS. THE SUMMER PROGRAM RECENTLY SERVED 400 STUDENTS FROM AGES 5 TO 16. 11336165 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 0 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 0 0 0 0 0 0 0 0 0 1 31 1 1 190 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD NH X X DACIA CARD CPA 5053383000 532 OSUNA RD NE ALBUQUERQUE NM 87113 LAURA CALKINS VICE CHAIR 5.00 X X 0 0 0 KRISTOFOR KITE TRUSTEE 5.00 X 0 0 0 ED MANZANARES TRUSTEE 5.00 X 0 0 0 DOUG CLARK CHAIR 5.00 X X 0 0 0 DALE MAXWELL TRUSTEE 5.00 X 0 0 0 LISA MITCHELL TRUSTEE 5.00 X 0 0 0 PATRICK WESTERFIELD SECRETARY 5.00 X X 0 0 0 ED STREET TREASURER 5.00 X X 0 0 0 VAHID STAPLES TRUSTEE 5.00 X 0 0 0 AL PARK TRUSTEE 5.00 X 0 0 0 DOMINIC SERNA TRUSTEE 5.00 X 0 0 0 STAN HUBBARD TRUSTEE 5.00 X 0 0 0 ALI HASHEMIAN TRUSTEE 5.00 X 0 0 0 DAVID CHAVEZ TRUSTEE 5.00 X 0 0 0 KELLY ROSS TRUSTEE 5.00 X 0 0 0 SUSAN PRZEKURAT EPSTEIN TRUSTEE 5.00 X 0 0 0 TROY WEISLER TRUSTEE 5.00 X 0 0 0 CHARLES BECKNELL TRUSTEE 5.00 X 0 0 0 ROBERT DEL CAMPO TRUSTEE 5.00 X 0 0 0 BRONSON DURAN TRUSTEE 5.00 X 0 0 0 ALEXANDRA VAVRUSKA TRUSTEE 5.00 X 0 0 0 AVERY VOLKMAN TRUSTEE 5.00 X 0 0 0 LORNA WIGGINS TRUSTEE 5.00 X 0 0 0 FAITH BEGAY-HOLTROP TRUSTEE 5.00 X 0 0 0 BILL SINFIELD HEAD OF SCHOOL 40.00 X 240006 0 46503 DACIA CARD CPA BUSINESS MANAGER 40.00 X 104452 0 12357 JULIE COOK DIRECTOR OF DEVELOPMENT 40.00 X 113742 0 7605 CHERYL MCMILLAN HEAD OF UPPER SCHOOL 40.00 X 112548 0 12788 570748 0 79253 4 0 1 0 0 194084 1455760 549773 24040 2199617 STUDENT TUITION & FEES 611710 11845268 11845268 SUMMER PROGRAM 611710 465382 465382 REGISTRATION FEES 611710 12850 12850 12323500 130905 130905 29206 27719 1487 1487 1487 651064 0 651064 651064 651064 67812 194084 36031 31781 31781 OTHER INCOME 611710 240654 240654 240654 15579008 12564154 0 815237 X 3358643 3358643 403317 85953 231412 85952 5330661 3915864 1326474 88323 222323 164035 55311 2977 383584 288047 94854 683 615685 431625 167751 16309 6243 6243 62407 62407 46745 46745 12404 12404 103109 92798 10311 156027 109383 42511 4133 274589 264357 9511 721 1071293 1033798 32139 5356 173072 166623 5995 454 INSTRUCTIONAL EXPENSE 384087 384087 SUMMER PROGRAMS 308884 308884 UTILITIES 254060 244593 8800 667 REPAIRS AND MAINTENANCE 240164 231216 8318 630 589076 349057 175293 64726 13996373 11336165 2378966 281242 2951 2951 4271756 5057584 362171 250503 299637 301171 148593 147233 135727 123516 31003445 16430340 15456800 14573105 7551952 9377831 129713 117184 28359300 29951078 528428 338477 4322334 5001397 6141305 5648480 1227252 0 1191062 905505 13410381 11893859 X 7761932 9687176 7186987 8370043 14948919 18057219 28359300 29951078 X 1582635 1225521 300144 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 34.00 1 1 7905018 100759 1960520 401387 9564910 7253705 527874 480567 357128 7905018 7063318 245708 281745 337066 7253705 6829061 103798 456741 326282 7063318 6495207 55451 587347 308944 6829061 0.21200 0.54700 0.24100 0 0 1643329 1643329 23626339 12622430 11003909 2819917 2285146 534771 2913860 1522764 1391096 14573105 CAPITAL LEASE LIABILITY 7320 STUDENT DEPOSITS 73423 INTEREST RATE SWAP CONTRACTS 823714 STUDENT TRIPS 1048 905505 16378423 1225521 -443119 782402 15596021 46745 -63758 -17013 15579008 13270123 63750 63750 13206373 46745 743255 790000 13996373 PART II, LINE 5: THE SCHOOL COMPLETED A POLICY AFTER 7/31/11 FOR MONITORING, INSPECTION, AND ENFORCEMENT OF THE CONSERVATION EASEMENTS IT HOLDS. PART II, LINE 9: THERE IS NO REVENUE ASSOCIATED WITH THE EASEMENT. THE EXPENSES ARE RECOGNIZED AS THEY ARE INCURRED. THE ESTIMATED VALUE OF THE LAND SUBJECT TO A CONSERVATION EASEMENT IS CARRIED AS AN ASSET (NON-DEPRECIABLE LAND) ON THE BALANCE SHEET OF THE SCHOOL. THE ORGANIZATION RECEIVED THE EASEMENT PROPERTY IN TWO INSTALLMENTS IN DECEMBER 2007 AND JUNE 2008. PART V, LINE 4: THE SCHOOL'S ENDOWMENT PRIMARILY COMES FROM DONOR GIFTS, SO IT IS THE SCHOOL'S POLICY TO USE THE FUNDS IN ACCORDANCE WITH THE DONOR INTENT. FUNDS ARE INVESTED TO YIELD BOTH CASH INCOME AND APPRECIATE IN VALUE. ANNUAL DISTRIBUTIONS, 5% OF THE THREE YEAR AVERAGE BALANCE, SUPPORT THE VARIOUS PROGRAMS OF THE SCHOOL AS SPECIFIED BY THE DONOR, OR GENERAL SCHOOL OPERATIONS, IF THE GIFT WAS UNRESTRICTED. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN (LOSS) ON INTEREST RATE SWAP AGREEMENT 300,136. TUITION REMISSION DEDUCTED FROM TUITION REVENUE ON FINANCIAL STATEMENTS -707,935. GRACE FUND DEDUCTED FROM TUITION REVENUE ON FINANCIAL STATEMENTS -35,320. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES DEDUCTED FROM RENTAL INCOME ON 990 -27,719. SPECIAL EVENT EXPENSES DEDUCTED FROM REVENUES ON 990 -36,031. ROUNDING -8. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES DEDUCTED FROM RENTAL INCOME ON 990 27,719. SPECIAL EVENT EXPENSES DEDUCTED FROM REVENUES ON 990 36,031. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION DEDUCTED FROM TUITION REVENUE ON FINANCIAL STATEMENTS 707,935. GRACE FUND DEDUCTED FROM TUITION REVENUE ON FINANCIAL STATEMENTS 35,320. PART II, LINE 2A: THE ORGANIZATION HELD 1 PROPERTY WITH CONSERVATION EASEMENTS ATTACHED THAT THEY HAD OBTAINED ON THE PROPERTIES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 SANDIA PREPARATORY SCHOOL COMMUNICATES ITS NONDISCRIMINATORY POLICY ON ITS WEBSITE, IN THE ADMISSION BROCHURE, IN THE STUDENT HANDBOOK, THROUGH PAID ADVERTISING IN LOCAL NEWSPAPERS AND ALL NEWS RELEASES AND MEDIA ALERTS. NOCHE 261896 194084 67812 9400 26631 261896 194084 67812 9400 26631 36031 31781 NM 1 0 1 0 1.00000 DACIA CARD CPA 532 OSUNA NE ALBUQUERQUE NM 87113 0 JULIE COOK DIRECTOR OF DEVELOPMENT ORGANIZES AND MANAGES ANY FUND RAISING RAFFLES OF TUITION. THERE WAS NO RAFFLE HELD IN THE CURRENT FISCAL YEAR. SHE IS NOT PAID ADDITIONAL COMPENSATION FOR THESE SERVICES X 0 1 TUITION REMISSION 38 707935 FMV REDUCTION OF TUITION DUE FINANCIAL AID 216 2448666 FMV REDUCTION OF TUITION EMERGENCY FUND 50 166722 FMV REDUCTION OF TUITION GRACE FUND 17 35320 FMV REDUCTION OF TUITION PART I, LINE 2: APPLICANTS FOR FINANCIAL AID MUST SUBMIT CERTAIN FINANCIAL INFORMATION TO AN OUTSIDE SERVICE (SCHOOL & STUDENT SERVICE IN PRINCETON, NJ) WHICH ESTABLISHES A LEVEL OF NEED FOR AID, BASED ON THE FAMILY'S TOTAL FINANCIAL SITUATION. WITH THIS BASIC INFORMATION, THE SANDIA PREPARATORY SCHOOL FINANCIAL AID COMMITTEE, HEREIN "COMMITTEE", CONSIDERS EACH CASE ON ITS MERITS, TAKING INTO ACCOUNT ALL ADDITIONAL AVAILABLE INFORMATION. THE MAIN FACTORS CONSIDERED RELATIVE TO EACH STUDENT ARE FINANCIAL NEED, GRADE LEVEL AND SPACE AVAILABLE IN THAT GRADE, SCHOLASTIC ACHIEVEMENT OF THE STUDENT, THE STUDENT'S CONTRIBUTION TO THE LIFE OF THE SCHOOL, AND THE LENGTH OF TIME THE STUDENT HAS BEEN AT THE SCHOOL. THE COMMITTEE SETS PRELIMINARY GUIDELINES FOR THE AMOUNTS TO BE AWARDED IN EACH GRADE. THESE LIMITS MAY BE ADJUSTED AS THE COMMITTEE PROCEEDS WITH THE DETERMINATION OF FINANCIAL AID GRANTS. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 BILL SINFIELD HEAD OF SCHOOL 225000 0 0 0 15006 0 11162 0 35341 0 286509 0 0 0 PART I, LINE 1A THE HEAD OF THE SCHOOL RECEIVES A VEHICLE ALLOWANCE THAT IS GROSSED UP FOR TAXES. A VILLAGE OF LOS RANCHOS DE ALBUQUERQUE 850236091 2007-08-17 10000000 CONSTRUCTION OF GYM, CLASSROOMS, PERFORMING ARTS, INSTRUCTIONAL SPACES 0 0 0 A 4351520 10000000 77025 8000000 1922975 2009 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 1 1 COMPASS BANK 20.000000000000 0 0 0 0 0 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: VILLAGE OF LOS RANCHOS DE ALBUQUERQUE DATE THE REBATE COMPUTATION WAS PERFORMED: 03/31/2014 FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE JOY OF LIVING AND LEARNING IS AT THE CENTER OF ALL WE DO. SANDIA PREPARATORY SCHOOL PROVIDES REMARKABLE OPPORTUNITIES FOR INTELLECTUAL AND PERSONAL GROWTH WITHIN A CHALLENGING AND BALANCED PROGRAM. AS AN EXTENSION OF OUR FAMILIES, SANDIA PREP'S DIVERSE COMMUNITY INSPIRES STUDENTS TO FIND THEIR ACADEMIC FOCUS, TALENTS, AND CREATIVITY. FORM 990, PART VI, SECTION A, LINE 4 THE BY-LAWS WERE CHANGED IN MAY OF 2021 TO REVISE THE TRUSTEE TERMS. PREVIOUSLY THE TRUSTEE TERMS WERE 3 YEARS, 2 YEARS AND 1 YEAR. AFTER THE CHANGE, THE TRUSTEE TERMS ARE NOW FOR 2 YEARS FOR A MAXIMUM OF 3 TERMS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BUSINESS MANAGER, THEN BY THE FINANCE COMMITTEE. AFTER ANY REQUIRED REVISIONS ARE MADE, IT IS THEN PRESENTED TO THE ENTIRE BOARD FOR THEIR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM EACH YEAR WHICH EXPLAINS THE OCCASIONS THAT MIGHT GIVE RISE TO CONFLICTS AND THE ANSWERS ARE REVIEWED BY THE BUSINESS MANAGER. ANY TRUSTEE WITH A POTENTIAL CONFLICT OF INTEREST IS INSTRUCTED NOT TO VOTE ON ANY BOARD PROPOSALS THAT PERTAIN TO THE AREA OF CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE HEAD OF SCHOOL'S COMPENSATION IS DETERMINED BY AN INDEPENDENT BOARD OF TRUSTEES. KEY EMPLOYEE COMPENSATION IS DETERMINED BY THE HEAD OF SCHOOL. THE SCHOOL USES INFORMATION DERIVED FROM ITS PROFESSIONAL MEMBERSHIP ORGANIZATIONS FOR USE IN SETTING PARAMETERS FOR THE HEAD OF SCHOOL'S SALARY. OTHER SALARIES ARE ESTABLISHED WITHIN BUDGETARY CONSTRAINTS AND CLOSELY FOLLOW THE LOCAL MARKET RATES FOR SIMILAR POSITIONS. THE DETERMINATION AND APPROVAL OF COMPENSATION FOR THE HEAD OF SCHOOL IS PROPERLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BASED UPON SPECIFIC REQUESTS BY INDIVIDUALS OR ORGANIZATIONS. FORM 990, PART IX, LINE 24E CAFETERIA EXPENSES: PROGRAM SERVICE EXPENSES 190,154. MANAGEMENT AND GENERAL EXPENSES 6,841. FUNDRAISING EXPENSES 518. TOTAL EXPENSES 197,513. STUDENT ACTIVITIES: PROGRAM SERVICE EXPENSES 186,622. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 186,622. ADMINISTRATIVE EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 143,452. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 143,452. FUNDRAISING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 100,239. TOTAL EXPENSES 100,239. BAD DEBTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 25,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,000. FACILITIES RENTAL EXPENSE TO PG. 9: PROGRAM SERVICE EXPENSES -27,719. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -27,719. FUNRAISING EXPENSE TO PG. 9: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES -36,031. TOTAL EXPENSES -36,031. FORM 990, PART XI, LINE 9: UNREALIZED GAIN (LOSS) ON SWAP AGREEMENT 300,136. ROUNDING 8. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.