2022-05-09T13:16:41-05:00 2021-06-30 946214841 ARMANINO LLP 11766 WILSHIRE BLVD 9TH FLOOR LOS ANGELES CA 90025 990 2020-07-01 954823489 NEW ROADS SCHOOL NEWR 3108285582 3131 OLYMPIC BLVD SANTA MONICA CA 90404 ERIC ETHERIDGE DIRECTOR OF FINANCE 3108285582 2022-05-08 1 ERIC ETHERIDGE 999009999 KATY BROWN P00650274 3104784148 2022-05-08 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z LUTHERN WILLIAMS 3131 OLYMPIC BLVD SANTA MONICA CA 90404 28582484 0 X WWW.NEWROADS.ORG X 1995 CA TO SERVE AS A MODEL FOR EDUCATION IN AN ETHNICALY AND CULTURALLY DIVERSE COMMUNITY. 17 17 220 53 0 0 1659669 4975086 23154031 23458433 77618 47738 69684 101227 24961002 28582484 6312496 6719489 0 0 12853868 13085616 0 5196 1154566 5454590 5206133 24620954 25016434 340048 3566050 52975479 53999181 20482740 17679270 32492739 36319911 X NEW ROADS SCHOOL IS AN INDEPENDENT SCHOOL IN LOS ANGELES SERVING GRADES K-12. IT WAS ESTABLISHED IN 1995 AS A MODEL FOR EDUCATION IN AN ETHNICALLY, CULTURALLY, AND SOCIO-ECONOMICALLY DIVERSE COMMUNITY. NEW ROADS RESTS UPON SEVERAL FUNDAMENTAL COMMITMENTS (SEE SCHEDULE O)(1) DEVELOPMENT OF A STUDENT POPULATION OF SOCIAL, ECONOMIC, ETHNIC, AND RACIAL DIVERSITY, (2) DEVELOPMENT OF EACH STUDENT'S FULL HUMAN POTENTIAL, (3) ACADEMIC EXCELLENCE AND EXCELLENCE IN THE ARTS, (4) BEHAVING RESPONSIBLY AND HONORABLY AS AN INSTITUTION, AND (5) SERVING THE LARGER ECOLOGICAL AND SOCIAL COMMUNITY. 0 0 21005398 6719489 23547855 IN AN AUTHENTICALLY DIVERSE COMMUNITY REFLECTIVE OF LOS ANGELES, DURING THE FISCAL YEAR ENDED JUNE 30, 2021 NEW ROADS PREPARED YOUNG PEOPLE FOR LIFE BY DEVELOPING IN THEM A PERSONAL DEDICATION TO LEARNING, A RESPECT FOR INDEPENDENT THINKING, AN EXPANDING CURIOSITY ABOUT THE WORLD AND ITS PEOPLE, AND A COMMITMENT TO THE COMMON GOOD. 21005398 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 0 0 0 0 0 0 0 0 0 0 0 0 0 1 52 0 1 220 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X ERIC ETHERIDGE 3108285582 C/O NEW ROADS SCHOOL 3131 OLYMPIC SANTA MONICA CA 90404 JUSTINE SCHREYER LEWIN CHAIRWOMAN 10.00 X X 0 0 0 EMILY ALEXANDER VICE CHAIRWOMAN 10.00 X X 0 0 0 CARLOS HERNANDEZ MPH SECRETARY 5.00 X X 0 0 0 CARLOS SALAS TREASURER 5.00 X X 0 0 0 GLEN KRAEMER GOVERNANCE COMMITTEE CHAIR 5.00 X 0 0 0 ISABEL ARANDA TRUSTEE (START 07/20) 2.00 X 0 0 0 BRYAN BINIAK TRUSTEE 2.00 X 0 0 0 LEE FOX TRUSTEE 2.00 X 0 0 0 CHRISTEN HEBRARD TRUSTEE (LEFT 02/21) 2.00 X 0 0 0 EVELYN HOU TRUSTEE (START 07/20) 2.00 X 0 0 0 PAM LITVACK TRUSTEE 2.00 X 0 0 0 JASON PARRY TRUSTEE (START 07/20) 2.00 X 0 0 0 ARIK PRAWER TRUSTEE (START 07/20) 2.00 X 0 0 0 ANDY ROSE TRUSTEE 2.00 X 0 0 0 MELISSA ROWE TRUSTEE 2.00 X 0 0 0 MANALI SHENDRIKAR MD TRUSTEE 2.00 X 0 0 0 TRISH TORREY TRUSTEE 2.00 X 0 0 0 ERIN WHALEN TRUSTEE (START 07/20) 2.00 X 0 0 0 LUTHERN WILLIAMS HEAD OF SCHOOL 40.00 X 355280 0 24678 RYAN HAWLEY ASSOCIATE HEAD OF SCHOOL 40.00 X 195309 0 22924 JEFFREY GUCKERT UPPER SCHOOL DIRECTOR 40.00 X 167673 0 9553 ERIC ETHERIDGE DIRECTOR OF FINANCE 40.00 X 155580 0 17588 YOON MI CHECCHI DIR. OF FIN. AID AND ENROLLMENT 40.00 X 128908 0 14750 ERIC CLEVELAND UPPER SCHOOL SCIENCE TEACHER 40.00 X 125314 0 12677 ALEJANDRA BONILLA DIRECTOR OF COLLEGE GUIDANCE 40.00 X 116415 0 12390 1244479 0 114560 21 0 1 0 KARAS SECURITY SERVICES INC 11844 W PICO BLVD STE 201 LOS ANGELES CA 90064 SECURITY 136296 PERKINS & WILL INC PO BOX 71181 CHICAGO IL 60694 ARCHITECTURAL SERVICES 116533 LIEBERT CASSIDY WHITMORE 6033 W CENTURY BLVD SUITE 500 LOS ANGELES CA 90045 LEGAL SERVICES 111849 3 3052643 1922443 4975086 TUITION AND FEES 611600 23140366 23140366 STUDENT ACTIVITIES 611600 318067 318067 23458433 47738 47738 11805 0 11805 11805 11805 MISCELLANEOUS REVENUE 900099 89422 89422 89422 28582484 23547855 0 59543 6719489 6719489 617079 407274 111074 98731 10281744 8500902 1131394 649448 365249 291186 46755 27308 1034295 881525 92950 59820 787249 648607 90267 48375 154405 143597 10808 47000 43710 3290 5196 5196 369562 198580 132764 38218 138792 20889 81659 36244 411573 82287 314182 15104 313032 139682 153919 19431 1274035 1082367 152527 39141 52311 52139 131 41 59077 48567 4254 6256 300493 255419 36059 9015 1440806 1224685 172897 43224 199828 169854 23979 5995 MISCELLANEOUS 199365 188451 7492 3422 HOSPITALITY 109940 82695 4632 22613 BANK FEES 73378 11 64456 8911 DUES 59852 8666 47285 3901 2684 2123 487 74 25016434 21005398 2856470 1154566 9132644 8330926 377561 377938 264586 1179052 206592 65172 802734 53586402 12051808 41919200 41534594 1189044 1540073 27272 27272 52975479 53999181 1088294 1292674 1983634 1906217 10937363 10700796 3808527 3715678 2664922 63905 20482740 17679270 X 30833568 33379818 1659171 2940093 32492739 36319911 52975479 53999181 3566050 261122 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1145923 300758 1446681 1126759 74397 55233 1145923 851634 250000 67430 42305 1126759 859222 31739 39327 851634 793274 88955 23007 859222 0.00000 0.65706 0.34294 0 0 13012841 13012841 34932212 8652349 26279863 4289977 2473431 1816546 1103404 678060 425344 247968 247968 0 41534594 DEFERRED COMPENSATION 63905 63905 X 22120866 261122 -6722740 -6461618 28582484 0 28582484 18293694 0 18293694 6722740 6722740 25016434 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF SEVERAL INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES ONLY DONOR-RESTRICTED ENDOWMENT FUNDS. AS REQUIRED BY GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2021, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -6,719,489. FUNDRAISING EXPENSES -3,251. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 6,719,489. FUNDRAISING EXPENSES 3,251. 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 PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY ON THE SCHOOL'S WEBSITE IN ACCORDANCE WITH THE REQUIREMENTS INCLUDED IN REVENUE RULING 2019-22. 1 SCHOLARSHIPS 218 6719489 CASH VALUE OF TUITION REDUCTION TUITION REDUCTION PART I, LINE 2: FINANCIAL AID IS PROVIDED TO STUDENTS BASED ON FINANCIAL NEED ON A NON-DISCRIMINATORY BASIS, AS DETERMINED BY THE FINANCIAL AID COMMITTEE. GRANTS ARE GIVEN IN THE FORM OF REDUCED TUITION, NEVER A CASH GRANT. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 LUTHERN WILLIAMS HEAD OF SCHOOL 285080 0 0 0 70200 0 16087 0 8591 0 379958 0 0 0 RYAN HAWLEY ASSOCIATE HEAD OF SCHOOL 195309 0 0 0 0 0 12155 0 10769 0 218233 0 0 0 JEFFREY GUCKERT UPPER SCHOOL DIRECTOR 167673 0 0 0 0 0 0 0 9553 0 177226 0 0 0 ERIC ETHERIDGE DIRECTOR OF FINANCE 155580 0 0 0 0 0 8100 0 9488 0 173168 0 0 0 PART I, LINE 1A LUTHERN WILLIAMS, PRESIDENT AND HEAD OF SCHOOL, RECEIVED A HOUSING, AUTO AND CELL PHONE ALLOWANCE TOTALING $70,200 THAT WAS INCLUDED IN HIS 2020 W-2 TAXABLE WAGES. A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 NONEAVAIL 2019-06-28 15450000 2019 SERIES A AND SERIES B BONDS 0 0 0 A 534593 11535000 259821 50000 11225179 2014 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 1 0 0 0 1 A 1 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA, IS REVIEWED AND APPROVED BY THE CFO, HEAD OF SCHOOL, AND THE EXECUTIVE COMMITTEE. A COPY OF THE FORM 990 IS THEN PROVIDED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST (COI) POLICY IS PROVIDED TO EACH DIRECTOR AND OFFICER UPON NOMINATION OR INITIAL HIRE. ANNUALLY, A COI DISCLOSURE FORM IS PROVIDED TO EACH OFFICER AND DIRECTOR WHO EACH SIGN AND RETURN THEIR FORM TO THE GOVERNANCE COMMITTEE. THE GOVERNANCE COMMITTEE REVIEWS EACH FORM AND ANY NOTED CONFLICTS ARE BROUGHT TO THE ATTENTION OF THE BOARD PRESIDENT. ALL CONFLICTS ARE THEN DIRECTED TO THE APPROPRIATE COMMITTEE OR BROUGHT BEFORE THE ENTIRE BOARD FOR DISCLOSURE AND APPROPRIATE CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE REVIEWS AND APPROVES THE COMPENSATION AND BENEFITS PACKAGE OF THE HEAD OF SCHOOL ON AN ANNUAL BASIS INDEPENDENTLY, WITHOUT THE PARTICIPATION OF ANY INTERESTED PERSON, USING SALARY DATA FROM SURVEYS OF INDEPENDENT SCHOOL RESOURCES, NAIS, CAIS, CAL-ISBOA. A RECOMMENDATION IS PRESENTED TO THE EXECUTIVE COMMITTEE FOR ITS REVIEW AND APPROVAL, AND THE DELIBERATION AND DECISIONS REACHED ARE DOCUMENTED. THE HEAD OF SCHOOL DETERMINES THE COMPENSATION OF THE DIRECTOR OF FINANCE USING SALARY DATA FROM SURVEYS OF INDEPENDENT SCHOOL RESOURCES. COMPENSATION INCREASES FOR ALL OTHER EMPLOYEES ARE CALCULATED USING THE SAME PERCENTAGE ACROSS THE BOARD AS DETERMINED BY THE BOARD OF DIRECTORS AT THE ANNUAL FALL BUDGET MEETING. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THERE WAS NO CHANGE TO THE ORGANIZATION'S SELECTION OR OVERSIGHT PROCESS FOR THE EXTERNAL AUDIT OF ITS FINANCIAL STATEMENTS.