2022-04-11T16:12:32-05:00 2021-06-30 941254756 HOOD & STRONG LLP 275 BATTERY STREET STE 900 SAN FRANCISCO CA 94111 990 2020-07-01 942371065 STERNE SCHOOL STER 4159226081 838 KEARNY STREET SAN FRANCISCO CA 94108 MELISSA MYERS HEAD OF SCHOOL 4159226081 2022-03-08 1 MELISSA MYERS 999009999 MAGA E KISRIEV P01008919 4157810793 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z MELISSA MYERS 838 KEARNY STREET SAN FRANCISCO CA 94108 10283959 0 X WWW.STERNESCHOOL.ORG X 1976 CA BUILD ON THE FDTN OF INDIVIDUAL STRENGTHS TO DISCOVER & NURTURE EACH STUDENT'S VERSION OF GREATNESS. 8 8 67 12 0 0 2915171 625398 7510538 7488670 38179 53811 -10309 6227 10453579 8174106 1096711 1389038 0 0 5122760 5125630 0 0 583541 2202157 1964301 8421628 8478969 2031951 -304863 18637102 18379855 6990040 6976659 11647062 11403196 X STERNE SCHOOL IS THE PREMIER BAY AREA SCHOOL INSPIRING AND EMPOWERING STUDENTS THROUGH A STRENGTHS-BASED, STUDENT-CENTERED, 21ST CENTURY TAILORED LEARNING EXPERIENCE. STERNE FOSTERS RIGOROUS ACADEMIC ACHIEVEMENT THROUGH HIGH-SUPPORT FROM SPECIALLY TRAINED FACULTY. THE STERNE SCHOOL CURRICULUM PROMOTES INTELLECTUAL CURIOSITY, CREATIVITY, AND PROBLEM-SOLVING. 0 0 6729504 1389038 7488670 STEWARDED BY INNOVATIVE AND INCLUSIVE TEACHERS AND ADMINISTRATORS, STERNE SERVES UP TO 220 STUDENTS IN GRADES 4 THROUGH 12 IN A VIBRANT, URBAN CAMPUS, WITH FACILITIES AND PROGRAMS DESIGNED TO MAXIMIZE SELF-DISCOVERY THROUGH A DIVERSE, EXCITING, AND SUPPORTIVE EDUCATIONAL EXPERIENCE. 6729504 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 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 19 0 1 67 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 1 0 X MELISSA MYERS 4159226081 838 KEARNY STREET SAN FRANCISCO CA 94108 ED MCMANIS HEAD OF SCHOOL (THRU 6/30/20) 0.00 X 189151 0 4238 MELISSA MYERS HEAD OF SCHOOL 40.00 X 183600 0 6420 LEA WOOD DEVELOPMENT DIRECTOR 40.00 X 126732 0 9190 LARRY MILBURN FACILITIES COORDINATOR 40.00 X 111952 0 13548 ALIA LONG ADMISSION DIRECTOR 40.00 X 109425 0 5872 SUSAN CAIN DIRECTOR OF COMMUNICATIONS 40.00 X 102457 0 9588 DANIELLE BONEQUI FINANCE & BUSINESS MANAGER 30.00 X 91247 0 3649 JOHN KUNZE BOARD PRESIDENT 5.00 X X 0 0 0 CONSTANCE LAFLAMME BOARD VICE PRESIDENT/SECRETARY 5.00 X X 0 0 0 ERIC LAUTERBACH BOARD TREASURER 5.00 X X 0 0 0 JACK HUG BOARD SECRETARY (THUR 9/14/20) 5.00 X X 0 0 0 CASSIE BAHAN BOARD MEMBER 2.00 X 0 0 0 SHEREE PIRIE BOARD MEMBER 2.00 X 0 0 0 NAHEED MISFELDT BOARD MEMBER 2.00 X 0 0 0 ANDREW OWEN BOARD MEMBER 2.00 X 0 0 0 LEE SCHWEICHLER BOARD MEMBER 2.00 X 0 0 0 JAMEN HOWE BOARD MEMBER (THRU 9/13/20) 2.00 X 0 0 0 914564 0 52505 6 1 1 0 G&J CLEANING MAINTENANCE 1027 LODGEHILL LANE HOUSTON TX 77090 CLEANING/MAINTENANCE SERVICES 105198 1 147251 478147 7575 625398 TUITION AND FEES 611110 7484764 7484764 AUXILIARY PROGRAMS 611110 3906 3906 7488670 20120 20120 2106871 2073180 33691 33691 33691 42900 147251 36673 6227 6227 8174106 7488670 0 60038 1389038 1389038 361114 189977 171137 3978240 3031213 703271 243756 58314 44432 10309 3573 419727 319810 74199 25718 308235 234859 54490 18886 27334 27334 25832 25832 24898 24898 198000 198000 81177 51041 30136 36706 33036 2569 1101 81111 73000 5678 2433 960119 927340 22945 9834 14655 13189 1026 440 14811 13330 1037 444 3285 3285 218825 196942 15318 6565 95976 86379 6718 2879 BAD DEBT EXPENSE 50245 11195 39050 SCHOOL & SPECIAL EVENTS 48524 48524 INSTRUCTIONAL 40102 40102 STAFF DEVELOPMENT 18496 15507 2989 24205 21785 1694 726 8478969 6729504 1165924 583541 2887958 4054888 866099 878240 1171212 391238 5318415 4730230 3676207 3327034 4985846 871644 3939796 4114202 777415 884023 18637102 18379855 885095 732168 0 838575 6104945 5405916 6990040 6976659 X 9047821 8865000 2599241 2538196 11647062 11403196 18637102 18379855 -304863 60997 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 567737 1223 568960 565419 30071 27753 567737 545525 19894 565419 567372 -21847 545525 561969 5403 567372 0.00000 0.83770 0.16230 0 0 3618699 317238 3301461 819919 530214 289705 547228 24192 523036 4114202 X 6882738 60997 60997 6821741 1352365 1352365 8174106 7126604 0 7126604 1352365 1352365 8478969 PART V, LINE 4: FOR ENDOWMENTS THAT DONORS HAVE NOT SPECIFICALLY DEFINED A SPENDING POLICY, STATE LAW ALLOWS THE SCHOOL TO APPROPRIATE SO MUCH OF NET APPRECIATION ON ENDOWMENT INVESTMENTS AS IS PRUDENT CONSIDERING THE SCHOOL'S LONG AND SHORT-TERM NEEDS, PRESENT AND ANTICIPATED FINANCIAL REQUIREMENTS, EXPECTED TOTAL RETURN ON ITS INVESTMENTS, PRICE LEVEL TRENDS, AND GENERAL ECONOMIC CONDITIONS. AMOUNTS APPROPRIATED FOR SPENDING MAY EXCEED ACTUAL REALIZED EARNINGS FROM ENDOWMENTS. THE SCHOOL HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR ITS PROGRAMS WHILE SEEKING TO MAINTAIN THAT PURCHASING POWER OF THE ENDOWMENT ASSETS. THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRODUCE RESULTS THAT MEET OR EXCEED THE RESULTS OF THE SCHWAB MONEY MARKET FUND, WHILE PRESERVING PRINCIPAL, AND PROVIDING A HIGH DEGREE OF LIQUIDITY WITH THE MAXIMUM TOTAL RETURN. PART X, LINE 2: THE SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE RECLASSIFIED TO EXPENSES 1,389,038. SPECIAL EVENTS EXPENSES RECLASSIFIED TO REVENUE -36,673. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE RECLASSIFIED TO EXPENSES 1,389,038. SPECIAL EVENTS EXPENSES RECLASSIFIED TO REVENUE -36,673. 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 RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED THROUGH THE SCHOOL'S WEBSITE. GALA 176917 134017 42900 4838 7510 6015 4684 12858 YOGATHON 13234 13234 768 190151 147251 42900 4838 7510 6015 4684 13626 36673 6227 1 TUITION ASSISTANCE 58 1389038 PART I, LINE 2: THE TUITION ASSISTANCE COMMITTEE IS COMPOSED OF THE HEAD OF SCHOOL, DIRECTOR OF ADMISSION, AND FINANCE AND BUSINESS MANAGER. ANALYSIS OF APPLICATIONS IS CONTRACTED THROUGH MISSION ENROLLMENT, A THIRD PARTY TUITION ASSISTANCE PROGRAM TEAM. THE COMMITTEE REVIEWS THE FAMILIES' APPLICATIONS, THE REPORTS FROM SSS, RECOMMENDATIONS FROM MISSION ENROLLMENT, AND SUPPORTING TAX DOCUMENTATION IN MAKING AWARD DETERMINATIONS. THE COMMITTEE MAY ALSO CONSIDER: -MITIGATING CIRCUMSTANCES (SUBMITTED IN WRITING OR ANECDOTALLY) -ABILITY OF FAMILY OR OTHER FAMILY MEMBERS TO MEET TUITION OBLIGATIONS -AWARDS ARE DISTRIBUTED BASED ON NEED AND ARE NOT TO EXCEED 85% OF TUITION AS A GENERAL RULE. IF WARRANTED, EXCEPTIONS CAN BE MADE. X X X 0 0 0 0 0 0 0 0 0 ED MCMANIS HEAD OF SCHOOL (THRU 6/30/20) 134151 0 55000 0 0 0 3638 0 600 0 193389 0 0 0 MELISSA MYERS HEAD OF SCHOOL 183600 0 0 0 0 0 5508 0 912 0 190020 0 0 0 SCHEDULE J, PART II: THE FORMER HEAD OF SCHOOL RECEIVED A $55,000 DISCRETIONARY BONUS FOR FY 2018-19 (WHICH WAS ACCRUED FOR IN 2018-19 AND PAID IN 2019-20). THE BONUS WAS PROPOSED BY THE COMPENSATION COMMITTEE AND APPROVED BY THE BOARD. IT WAS BASED ON A POSITIVE EVALUATION OF THE HEAD'S PERFORMANCE AS IT RELATED TO PREDETERMINED GOALS. X 2 7575 FMV 0 0 1 0 PART I, COLUMN (B): THIS COLUMN REPRESENTS THE NUMBER OF DONORS, NOT THE NUMBER OF ITEMS DONATED. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE MEETINGS WERE HELD DURING FY 2020 - 2021. FORM 990, PART VI, SECTION B, LINE 11B THE BUSINESS OFFICER FORWARDED A COMPLETE COPY OF THE FORM 990 TO THE CHAIR OF THE BOARD OF DIRECTORS FOR HIS REVIEW PRIOR TO FILING. ANY QUESTION WAS ADDRESSED BY THE BUSINESS OFFICER AND/OR THE ACCOUNTING FIRM. EACH MEMBER OF THE BOARD OF DIRECTORS WAS THEN PROVIDED A REVIEWED FORM 990 WITHOUT SCHEDULE B FOR THE PROTECTION OF DONOR CONFIDENTIALITY. THIS COPY IS AVAILABLE FOR PUBLIC REVIEW UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE BOARD AND KEY EMPLOYEES ARE REQUIRED TO REVIEW AND SIGN THE SCHOOL'S CONFLICT OF INTEREST POLICY. AS PART OF THE PROCESS, THEY ARE REQUIRED TO DISCLOSE IF THEY HAVE A KNOWN CONFLICT OF INTEREST WITH THE SCHOOL. ALL CONFLICTS ARE BROUGHT TO THE ATTENTION OF THE BOARD FOR REVIEW AND DETERMINATION OF ANY ACTION TO BE TAKEN RELATED TO THE POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD EVALUATES THE HEAD OF SCHOOL'S COMPENSATION. THE COMMITTEE IS COMPOSED OF THE BOARD CHAIR AND TWO OTHER BOARD MEMBERS. ACTIVITIES INCLUDE, EVALUATING THE HEAD OF SCHOOL'S COMPENSATION, SETTING GOALS IN CONJUNCTION WITH THE HEAD OF SCHOOL'S COMPENSATION, BENCHMARKING THE HEAD OF SCHOOL'S COMPENSATION VS. LOCAL PEER SCHOOLS, AND PROPOSING COMPENSATION THAT IS APPROVED BY THE BOARD. FOR THE 20-21 SCHOOL YEAR, THERE WERE NO OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D).