2021-05-13T23:00:53-05:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 301 NORTH LAKE AVENUE SUITE 900 PASADENA CA 91101 990 2019-07-01 330729698 SAGE HILL SCHOOL SAGE 9492191310 20402 NEWPORT COAST DRIVE NEWPORT COAST CA 92657 JILL LIVERMORE CFO 9492191312 2021-05-13 1 KAREN LO P02141262 6267933600 2021-05-13 2019 2022-09-23 18:48:47Z JILL LIVERMORE 20402 NEWPORT COAST DRIVE NEWPORT COAST CA 92657 48991951 0 X WWW.SAGEHILLSCHOOL.ORG X 1996 CA A PRIVATE COED HIGH SCHOOL THAT INSPIRES IN THEIR STUDENTS A LOVE OF KNOWLEDGE. 20 20 193 300 0 0 3193870 2815560 21949587 22946277 1379635 2680430 155023 155720 26678115 28597987 2038034 2108221 0 0 12922258 13640191 0 0 1329511 10554817 9174608 25515109 24923020 1163006 3674967 116060983 119473545 34002142 34453519 82058841 85020026 X WE INSPIRE IN OUR STUDENTS A LOVE OF KNOWLEDGE AND THE ABILITY TO USE THAT KNOWLEDGE CREATIVELY, COMPASSIONATELY AND COURAGEOUSLY THROUGHOUT THEIR LIVES.SAGE HILL SCHOOL'S COMMITMENT TO ACADEMIC EXCELLENCE, OUR OUTSTANDING COLLEGE PREPARATION, AND OUR UNWAVERING DEDICATION TO A PUBLIC PURPOSE HAVE PROVIDED A TRANSFORMATIVE EXPERIENCE FOR OUR STUDENTS. ACADEMIC EXCELLENCE - SAGE HILL OFFERS A RIGOROUS, COMPREHENSIVE CURRICULUM THAT CHALLENGES AND INSPIRES STUDENTS TO TAKE RISKS, THINK CRITICALLY, AND USE WHAT THEY LEARN IN CLASS IN THE WORLD BEYOND OUR CAMPUS. OUR WORLD-CLASS EDUCATORS TEACH CLASSES THAT AVERAGE SIXTEEN STUDENTS AND FOSTER CURIOSITY, DISCOVERY, AND A PASSION FOR LEARNING. 0 0 19048793 2108221 22946277 SAGE HILL SCHOOL IS AN INDEPENDENT HIGH SCHOOL LOCATED ON 30 ACRES IN NEWPORT COAST, CA. FOUNDED IN 2000, THE SCHOOL PROVIDES MORE THAN 500 STUDENTS WITH SMALL CLASS SIZES THAT AVERAGE 16 STUDENTS PER TEACHER, OUTSTANDING ACADEMIC CURRICULA AND A DEDICATED TEAM OF COLLEGE COUNSELORS. THE SCHOOL OFFERS ITS STUDENTS A RICH AND DYNAMIC CURRICULUM THAT PROMOTES CRITICAL THINKING, COLLABORATION, AND CREATIVITY. OUTSIDE THE CLASSROOM, STUDENTS ARE ENCOURAGED TO PARTICIPATE IN ATHLETICS, EXPLORE THEIR ARTISTIC ABILITIES, AND ENGAGE IN THE WORLD BEYOND THE CAMPUS THROUGH SERVICE TO THE COMMUNITY, INTERNSHIPS AND EDUCATIONAL TRAVEL. 19048793 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 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 93 1 1 193 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 CA X JILL LIVERMORE 9492190100 20402 NEWPORT COAST DRIVE NEWPORT COAST CA 92657 PATRICIA MERZ HEAD OF SCHOOL 40.00 X 478943 0 107880 GORDON MCNEILL PRESIDENT 40.00 X 458366 0 246717 JILL LIVERMORE CHIEF FINANCIAL OFFICER 40.00 X 233050 0 11935 ELIANE MIJALIS DIRECTOR OF ADMISSIONS & FA 40.00 X 190042 0 21887 MATTHEW BALOSSI DEAN OF FACULTY & CURRICULUM 40.00 X 155303 0 27336 G FRANK SMITH DIRECTOR OF COLLEGE COUNSELING 40.00 X 136843 0 16036 ANGELA OLIVER DIRECTOR OF HUMAN REASOURCES 40.00 X 134001 0 27476 NATHAN MILLER FACULTY & PROGRAM HEAD-X-COUNTRY 40.00 X 132403 0 13654 MIKE BOLEN BOARD CHAIR 1.00 X X 0 0 0 DAVID FISHMAN TREASURER 1.00 X X 0 0 0 LORELLEN GREEN SECRETARY 1.00 X X 0 0 0 DARRYL BUTTON TRUSTEE 1.00 X 0 0 0 PRIYAN CHANDRARATNA TRUSTEE 1.00 X 0 0 0 DOUG COLLIER TRUSTEE 1.00 X 0 0 0 SANDY IRANI TRUSTEE 1.00 X 0 0 0 PAOLO LEON TRUSTEE 1.00 X 0 0 0 RICK LOWE TRUSTEE 1.00 X 0 0 0 CHRISTY MARLIN TRUSTEE 1.00 X 0 0 0 LISA MERAGE TRUSTEE 1.00 X 0 0 0 MAYA PATEL TRUSTEE 1.00 X 0 0 0 STANTON ROWE TRUSTEE 1.00 X 0 0 0 CHARLES RUCK TRUSTEE 1.00 X 0 0 0 PRAKASH SAKRANEY TRUSTEE 1.00 X 0 0 0 TOYO SHIMANO TRUSTEE 1.00 X 0 0 0 TWILA TRUE TRUSTEE 1.00 X 0 0 0 SCOTT WEINER TRUSTEE 1.00 X 0 0 0 KATHY WILK TRUSTEE 1.00 X 0 0 0 VAN WILSON TRUSTEE 1.00 X 0 0 0 1918951 0 472921 35 0 1 0 LAKELAND HOLDINGS LLC 2 HERITAGE DRIVE SUITE 402 QUINCY MA 02171 TRAVEL SERVICES 740944 O'MELVENY & MYERS LLP PO BOX 894436 LOS ANGELES CA 90189 LEGAL SERVICES 739579 COMMERCIAL BUILDERS INC 525 B ST SUITE 1010 SAN DIEGO CA 92101 CONSTRUCTION 462607 GEARSHIFT INC 930 W 16TH ST SUITE E2 COSTA MESA CA CA 92627 MARKETING SERVICES 347526 FLIK INDEPENDENT SCHOOLS PO BOX 50196 LOS ANGELES CA 90074 FOOD SERVICES 288957 15 2815560 252160 2815560 TUITION AND FEES 611710 22280436 22280436 SUMMER AND ENRICHMENT PROGRAMS 611710 545939 545939 FORFEITED TUITION & DEPOSITS 611710 86102 86102 APPLICATION FEES 611710 33800 33800 22946277 584702 584702 22451503 20355775 2095728 2095728 2095728 85492 38189 47303 47303 OTHER INCOME 900099 70467 70467 PARENT ASSOCIATION ACTIVITIES 900099 37950 37950 108417 28597987 22946277 0 2836150 2108221 2108221 1504380 303800 649671 550909 9987550 7960905 1737491 289154 407107 351238 41425 14444 961000 588993 211813 160194 780154 613993 127761 38400 304639 304639 54270 54270 24814 24814 57225 24 47454 9747 500895 500895 352490 102826 157840 91824 336635 309866 24732 2037 455548 425388 27364 2796 36502 20279 15975 248 626703 585212 37645 3846 2724008 2543664 163626 16718 286281 247397 37586 1298 FACILITIES 1185023 1108736 69215 7072 SUMMER & ENRICHMENT CLA 440190 440190 ACADEMIC SUPPORT 384165 384165 ATHLETICS 320474 320474 1084746 633422 310500 140824 24923020 19048793 4544716 1329511 5754485 11900770 12395804 8520408 693642 1230623 400 673832 184463 183522 100690413 27464555 75021733 73225858 18159233 23026662 2896280 64744 954943 647126 116060983 119473545 3169992 3061542 12523090 11728116 18309060 17738861 1925000 34002142 34453519 X 72504714 74207111 9554127 10812915 82058841 85020026 116060983 119473545 3674967 -713782 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21055513 305875 1760018 30000 23091406 19748190 536119 1249510 478306 21055513 16368122 2453805 976263 50000 19748190 14500884 117692 1749546 16368122 14051013 2225223 224648 2000000 14500884 0.59800 0.30310 0.09890 0 0 20128606 20128606 73088445 22954291 50134154 7241546 4358464 2883082 231816 151800 80016 73225858 X 25310980 -713782 -2548411 -3262193 28573173 24814 24814 28597987 22349795 -2548411 -2548411 24898206 24814 24814 24923020 PART V, LINE 4: THE INTENDED USE OF ENDOWMENT FUNDS ARE FOR FINANCIAL AID AND OPERATIONS. PART X, LINE 2: THE SCHOOL HAS BEEN GRANTED EXEMPTION FROM INCOME TAX UNDER SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES ALL OF THE POSITIONS TAKEN BY THE SCHOOL ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -2,108,221. SUMMER AND AUX PROGRAM EXPENSES -440,190. PART XII, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -2,108,221. SUMMER AND AUX PROGRAM EXPENSES -440,190. 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 COMPLIANCE RULES WERE CHANGED TO NO LONGER REQUIRE POSTING IN A NEWSPAPER. THE SCHOOL HAS POSTED THE NOTICE ON A PROMINENT SPOT ON IT'S MAIN WEBSITE. SPRING EVENT 85492 85492 38189 0 85492 85492 38189 38189 47303 1 FINANCIAL AID 57 2108221 PART I, LINE 2: ON A NON-DISCRIMINATORY BASIS, THE FINANCIAL AID COMMITTEE DETERMINES THE ALLOCATION OF THE AWARD BASED ON NEED, UTILIZING DATA FROM A THIRD-PARTY FINANCIAL AID SERVICE. THE LIST OF STUDENTS RECEIVING FINANCIAL AID IS GIVEN TO THE BUSINESS OFFICE WHERE THE TUITION BILLING IS PROCESSED. X 1 1 X X X X 0 1 0 0 0 0 0 1 0 PATRICIA MERZ HEAD OF SCHOOL 376938 0 100000 0 2005 0 103981 0 3899 0 586823 0 0 0 GORDON MCNEILL PRESIDENT 356066 0 100000 0 2300 0 103981 0 142736 0 705083 0 0 0 JILL LIVERMORE CHIEF FINANCIAL OFFICER 231856 0 0 0 1194 0 7899 0 4036 0 244985 0 0 0 ELIANE MIJALIS DIRECTOR OF ADMISSIONS & FA 180816 0 7500 0 1726 0 9310 0 12577 0 211929 0 0 0 MATTHEW BALOSSI DEAN OF FACULTY & CURRICULUM 146676 0 0 0 8627 0 7827 0 19509 0 182639 0 0 0 G FRANK SMITH DIRECTOR OF COLLEGE COUNSELING 130282 0 0 0 6561 0 6653 0 9383 0 152879 0 0 0 ANGELA OLIVER DIRECTOR OF HUMAN REASOURCES 132930 0 0 0 1071 0 7230 0 20246 0 161477 0 0 0 PART I, LINE 1A THE PRESIDENT AND HEAD OF SCHOOL ARE ALLOWED TO TRAVEL FIRST CLASS IF BUSINESS CLASS IS NOT AVAILABLE. PART I, LINE 4B THE SCHOOL MADE CONTRIBUTIONS TO THE 457(F) PLANS OF GORDON MCNEILL, $85,000, AND PATRICIA MERZ, $85,000. PART I, LINE 7 BONUS PAID TO: GORDON MCNEILL $100,000 (OF WHICH $19,000 WAS DEPOSITED IN HIS 457(B) PLAN); PATRICIA MERZ $100,000 AND TO ELAINE MIJALIS $7,500. SCHEDULE J, PART II, COLUMN (B) FOR CLARIFICATION, THE SCHEDULE J COLUMN B AMOUNTS REFLECT W-2 WAGES FOR THE 2019 CALENDAR YEAR. SCHEDULE J, PART II, COLUMN (D) INCLUDED IN NONTAXABLE BENEFITS ARE: HEALTH INSURANCE PREMIUMS, TUITION REMISSION AND CAFETERIA PLANS. A CA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK 630304653 13033W6R9 2010-12-20 20822650 TO REFINANCE THE BONDS ISSUED IN 2008. 0 1 0 A 20822650 19500000 374870 947780 2009 0 1 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 X 5 252160 FAIR MARKET VALUE 0 0 1 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS REPRESENT THE NUMBER OF NON-CASH TRANSACTION. PART I, LINE 32B: ALL STOCK GIFTS DONATED TO THE SCHOOL ARE SENT DIRECTLY TO THE BANK. THE BANK HAS INSTRUCTIONS TO SELL IMMEDIATELY. PART I COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTION TRANSCATION RECEIVED DURING THE FISCAL YEAR 2020. FORM 990, PART VI, SECTION A, LINE 2 CHARLES RUCK AND HIS LAW FIRM FROM TIME TO TIME DOES BUSINESS WITH CORPORATIONS THAT EMPLOY OR ARE RELATED TO CERTAIN BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 4 A LEGAL REVIEW OF ALL GOVERNANCE DOCUMENTS WAS COMPLETED IN 2019 RESULTING IN AN AMENDMENT TO THE BYLAWS. SUCH AMENDMENT INCLUDED AN UPDATE TO THE ROLES AND RESPONSIBILITIES OF THE MEMBERS, COMMITTEES AND OFFICERS ALONG WITH A REVIEW OF THE TERM LIMITS AND VOTING REQUIREMENTS. AMENDMENT INCLUDED THE REMOVAL OF REFERENCE TO AN EXECUTIVE COMMITTEE AND ADDITIONAL GOVERNANCE GUIDELINES. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, A DRAFT OF THE 990, WITHOUT SCHEDULE B, IS REVIEWED WITH THE MEMBERS OF THE AUDIT COMMITTEE. A DRAFT OF THE FORM 990, WITHOUT SCHEDULE B, IS ALSO CIRCULATED TO ALL TRUSTEES FOR THEIR REVIEW PRIOR TO FILING. IN ADDITION, AND ALSO PRIOR TO FILING, THE CHAIR AND VICE CHAIR OF THE BOARD IS GIVEN A COMPLETE COPY OF THE FORM 990 TO REVIEW, INCLUDING SCHEDULE B. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, EACH BOARD MEMBER SIGNS THE CONFLICT OF INTEREST POLICY AGREEING THAT THEY HAVE RECEIVED AND UNDERSTAND THE POLICY. THEY ALSO SIGN THE SUPPLEMENT TO THE CONFLICT OF INTEREST POLICY THAT ADDRESSES AND DISCLOSES ISSUES OF RELATED PARTY TRANSACTIONS. THIS IS NORMALLY DOCUMENTED AT THE FIRST BOARD MEETING OF THE YEAR. OUR CONFLICT OF INTEREST POLICY WAS REVISED TO INCLUDE KEY EMPLOYEES EFFECTIVE FEBRUARY 2017. FORM 990, PART VI, SECTION B, LINE 15A THE SCHOOL HAS A COMPENSATION COMMITTEE COMPOSED OF TRUSTEES AND EMERITI. THE COMPENSATION COMMITTEE MEETS AS NEEDED TO DISCUSS AND APPROVE THE COMPENSATION PACKAGES OF THE PRESIDENT AND HEAD OF SCHOOL. OTHER SCHOOL OFFICERS AND KEY EMPLOYEES COMPENSATION IS REVIEWED BY THE COMPENSATION COMMITTEE BUT THE HEAD OF SCHOOL APPROVES THEIR COMPENSATION PACKAGES. COMPARABILITY DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOL'S DATABASE IS CIRCULATED TO THE COMMITTEE PRIOR TO THE REVIEW MEETING AND IS DISCUSSED AT THE MEETING. COMPARATIVE DATA GROUPS INCLUDE SIMILAR TYPE SCHOOLS ( I.E., INDEPENDENT, NON-PROFIT, COED, DAY ONLY) AND SCHOOLS WITH SIMILAR NUMBERS OF STUDENTS AND OPERATING EXPENSES. MINUTES OF THE MEETING ARE KEPT IN THE BUSINESS OFFICE. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE SCHOOL HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND TAX RETURNS. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.