2021-05-07T15:08:31-05:00 2020-06-30 363990892 Capin Crouse LLP 3050 Saturn Street Suite 104 Brea CA 92821 990 2019-07-01 954656912 Oaks Christian School OAKS 8185759900 31749 La Tienda Drive Westlake Village CA 91362 Kris Thabit Chief Financial Officer 8185759900 2021-05-07 1 Ted R Batson Jr P00721951 5055022746 2019 2022-09-23 18:48:47Z Robert Black 31749 La Tienda Drive Westlake Village CA 91362 57196801 0 X www.oakschristian.org X 1997 CA To dedicate ourselves to Christ in the pursuit of academic excellence. 15 15 532 515 -441040 -441040 2710683 1808894 48593721 52576280 731031 1029010 -700617 -83522 51334818 55330662 10926345 12453840 0 0 24584307 26074981 0 0 1610552 16892216 17214608 52402868 55743429 -1068050 -412767 133608010 142636568 69240376 85281686 64367634 57354882 X The school's mission is: To dedicate ourselves to Christ in the pursuit of academic excellence, artistic expression, and athletic distinction while growing in knowledge and wisdom through God's abundant grace. 0 0 44771882 12453840 48641385 Primary Education Program Oaks Christian School (OCS) is an independent, non-denominational, Christian college-preparatory school serving students in 5th through 12th grade. The school was founded in 1997 and opened in 2000 with 196 students sharing one campus. Currently, OCS enrolls over 1,300 students annually. A middle school campus adjacent to the original campus was added in 2009. The original campus is now a separate high school campus. This addition enabled the school to increase its ability to serve a growing student population with the best facilities available. For the fiscal year that ended on June 30, 2020 the school enrollment was 1,391.The school's three pillars are Academic Excellence, Artistic Expression and Athletic Distinction. These distinctives are evidenced through strong academics, performing and visual arts (theatre, choir, band, orchestra, dance, 2D and 3D art, photography, graphic design and yearbook) as well as competitive athletic team participation. School year 19-20 marked the school's 20th year anniversary and celebration of new milestones such as: The establishment of a new residential dorm providing on-campus living to 41 students from around the world; The opening of the new 10,000 square foot IDEA Lab; and the launching of three new individualized learning institutes - engineering, global leadership, and arts and innovation.The school successfully pivoted to a remote learning model in March of 2020 at the beginning of the unprecedented COVID-19 pandemic. This remote learning model ensured continuity of learning and a seamless continuance of our students education. The result was that our students remained on-track and the school gained local, statewide, and national recognition for its continued culture of learning, caring and student success. In the school year 19-20, the school's pillar of artistic expression was very evident in the performing arts department's productions of HS Musical Mary Poppins, MS World War II Radio Christmas, and HS and MS Christmas Concerts. Visual Arts students were featured in a special online exhibit that featured artwork that the students produced while they were working from home during the COVID-19 quarantine. In athletics, the HS has won several League championships including Boys Water Polo, Girls Water Polo, Girls Basketball, Girls Soccer, and Boys Cross Country qualified for and placed at the State Finals. The MS had several Fall League championships, 1st Place Finishes and Fall Undefeated Seasons in various sports, including Tackle Football, Girls Volleyball, Flag Football, Boys Soccer, Girls Soccer, Girls Basketball and Boys Basketball. The Spiritual Life program includes student retreats, chapel time, mission trips abroad, local community service opportunities and Bible classes. School year 19-20 saw the debut of OCServes Day in the first semester as a day for high school students to serve organizations they support and their community. Other student activities include mock trial, TEDx, speech and debate, rocketry, film and entrepreneurial classes. 1757781 3169433 Student Programs and ActivitiesThe school's added student programs and activities include performing arts events as well as visual arts displays, athletic competitions, spiritual life/mission trip opportunities, college counseling trips, test preparation, Photography class location trips and numerous club, social and extra-curricular activities.OCS students have amazing opportunities to participate in school mission trips both domestic and internationally. Each year approximately 200 students join these trips to help teach English, build houses or other structures, visit orphanages and share the gospel. In the past, middle school students have traveled to Costa Rica, China and Mexico while high school students have traveled to China, Guatemala, Africa, Haiti, Mexico, Romania and elsewhere. In recent years, the school has added a Learning Center which provides academic tutoring and test preparation assistance to both OCS students and students from other schools. The International Student Program (ISP) has significantly grown in past few years and has hosted over 100 students from Korea, China, Macau, Taiwan, Uganda, Norway and Colombia. The school marked the opening of its 20th anniversary year with another Vanguard moment in the school's illustrious history. On August 2019, 40 students made history as the very first residents of the new OCS residential boarding facility, a state of the art dorm that will eventually house 140 international and domestic students. In its inaugural year, the program welcomed students from Indonesia, China, Ghana, Vietnam, Spain, and locally from Orange County. 811177 823455 Auxiliary ProgramsAuxiliary programs include summer sport camps (with an enrollment of close to 1,000), busing transportation, a middle school cafeteria, a high school cafeteria, and campus store services. 47340840 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 0 1 172 0 1 532 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Amy O'Friel 8185759900 31749 La Tienda Drive Westlake Village CA 91362 Robert Black Head of School/President 40.00 X 352283 0 42861 Matthew Northrop Associate Head of School for Academics 40.00 X 269730 0 59015 Michael Parkinson Chief Operations Officer 40.00 X 229317 0 89013 Liz Carey - Asst Treasurer VP Finance & Accounting (part year) 40.00 X 170204 0 61446 William Brown Director of Operations 40.00 X 148544 0 62822 Eddie Moore Chief Development Officer 40.00 X 171074 0 22575 Kristin Thabit - Treasurer Chief Financial Officer 30.00 X 164851 0 12399 Sebastian Alvarado Dir Soccer Ops/Head girls soccer coach/HS Sp.teacher 40.00 X 150212 0 19069 Frances Coyle High School Principal 40.00 X 150224 0 8656 William Dallas Chairperson 1.00 X X 0 0 0 Terry Roberts Vice Chair 1.00 X X 0 0 0 Bill Crockett Secretary 1.00 X X 0 0 0 Edward Atsinger Board Member 1.00 X 0 0 0 John Batiste Board Member 1.00 X 0 0 0 Sharon Beard Board Member 1.00 X 0 0 0 Jeffrey Bjork Board Member 1.00 X 0 0 0 Shelene Bryan Board Member 1.00 X 0 0 0 Vince Daly Board Member 1.00 X 0 0 0 John Davies Board Member 1.00 X 0 0 0 Michelle Hiepler Board Member 1.00 X 0 0 0 Brian Matthews Board Member 1.00 X 0 0 0 Dallas Price-Van Breda Founder 1.00 X 0 0 0 Kyle Stanich Board Member 1.00 X 0 0 0 Allyson Weinberg Board Member 1.00 X 0 0 0 1806439 0 377856 53 0 1 0 Wesely Thomas Enterprises Inc 4580 E Thousand Oaks Blvd Suite 2 Westlake Village CA 91362 Construction - boarding/dorms project 9563777 American Technologies Inc (ATI) 210 Baywood Avenue Orange CA 92865 Fire restoration services 1924196 PBJ Facility Solutions Ltd PO Box 4614 Westlake Village CA 91362 Facility management services 1200864 Apex General Contractors Inc 1250 North Olive Street Ventura CA 93001 Construction - IDEA Lab 1106804 Custom Janitorial Maintenance PO Box 269 Port Hueneme CA 93044 Janitorial services 419418 20 133079 1675815 102911 1808894 Tuition & Fees 611710 48641385 48641385 Student programs/activ 611710 3169433 3169433 Auxiliary programs 611710 765462 765462 52576280 831907 831907 266587 710044 -443457 -443457 -441040 -2417 1138236 941133 197103 197103 197103 45500 133079 139227 -93727 -93727 133728 75735 57993 57993 Property tax refund 900099 242130 242130 Insurance claim 900099 76887 76887 Sales tax refund 900099 14997 14997 61655 61655 395669 55330662 52634273 -441040 1328535 12453840 12453840 969054 744400 185546 39108 20681672 15887091 3959938 834643 660682 507518 126501 26663 2122337 1630321 406366 85650 1641236 1260752 314249 66235 56311 22524 30971 2816 65060 26784 34928 3348 33286 33286 1114412 1074433 26874 13105 395366 134984 260382 308778 123511 169828 15439 560193 224077 308106 28010 3789502 3591503 149231 48768 465138 380226 29268 55644 31176 6274 13916 10986 1217391 1174783 28365 14243 4454251 4298352 103784 52115 569067 227627 312987 28453 Student Programs 1757781 1757781 Other Auxiliary Expense 811177 811177 Athletics 403911 403911 Fixed asset write off 122045 48818 67125 6102 1059763 685137 355784 18842 55743429 47340840 6792037 1610552 2359170 30721 15375546 25152683 1051439 460125 9000 5000 56470 67981 983641 1459259 139649225 55420903 84558548 84228322 28876289 30958344 337907 274133 133608010 142636568 11413773 7804338 18129149 17771228 35587014 43373159 4535000 4110440 11797961 69240376 85281686 X 61889911 54471387 2477723 2883495 64367634 57354882 133608010 142636568 X -412767 1087537 -7687522 X 0 1 X 1 0 X 4456141 2797583 2696766 2710683 1808894 14470067 4456141 2797583 2696766 2710683 1808894 14470067 812596 13657471 1463091 1279484 1217151 839489 905072 5704287 252415 467102 341773 425027 441169 1927486 22101840 240656219 0.61790 0.58910 X Schedule A, Part II, Line 10, Explanation of Other Income: Other Income - 2015 Amount: $ 34,000. 2016 Amount: $ 76,215. 2017 Amount: $ 42,484. 2018 Amount: $ 153,713. 2019 Amount: $ 395,669. Fundraising event fees - 2015 Amount: $ 178,815. 2016 Amount: $ 373,167. 2017 Amount: $ 299,289. 2018 Amount: $ 271,314. 2019 Amount: $ 45,500. Gaming income - 2015 Amount: $ 39,600. 2016 Amount: $ 17,720. Schedule A, Part II: The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 751096 21000 48991 821087 693218 11100 46778 751096 621489 10000 61729 693218 523444 22000 76045 621489 240566 279690 3188 523444 0.31660 0.68340 0 0 8554795 8554795 89084364 32617169 56467195 18076027 5747089 12328938 22378377 16497852 5880525 1555662 558793 996869 84228322 Interest Rate Swap Agreement 11797961 11797961 44856079 1087537 -12453840 -11366303 56222382 33286 -925006 -891720 55330662 44181309 925006 925006 43256303 33286 12453840 12487126 55743429 Part V, Line 4: The endowment fund can be used as the investment policy dictates for any purpose, including Financial Aid awards and Capital Improvements among other things. Form 990, Schedule D, Part V, Lines 2a-2c: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 06/30/2020. To date, Schedule D has not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions Part XI, Line 2d - Other Adjustments: Student Financial Aid -12,453,840. Part XI, Line 4b - Other Adjustments: Fundraising Events Expenses Reported on Form 990, Part VIII -139,227. Rental Expenses Reported on Form 990, Part VIII -710,044. Cost of Goods Sold Reported on Form 990, Part VIII -75,735. Part XII, Line 2d - Other Adjustments: Fundraising Events Expenses not on Form 990, Part IX 139,227. Rental Expense Reported on Form 990, Part VIII 710,044. Cost of Goods Sold Reported on Form 990, Part VIII 75,735. Part XII, Line 4b - Other Adjustments: Student Financial Aid 12,453,840. 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 organization currently enrolls students of racial minority groups in meaningful numbers consistent with the publicity exception found in Rev. Proc. 75-50 section 4.03(2)(c). Golf and tennis tournament 114417 68917 45500 39253 38174 Online auction 64162 64162 61800 178579 133079 45500 39253 99974 139227 -93727 1 Financial Aid for Tuition 687 12453840 Part I, Line 2: Families interested in obtaining financial aid to help pay for tuition must submit a financial aid application through a third party processor ("vendor"). The process includes the submission of tax returns, W-2 forms, and other documents depending on the family's situation. The vendor runs the data through their program based on certain parameters reviewed by the school and then comes up with recommendations for financial aid amounts. The school's Financial Aid department then reviews reports as well as additional data and refines financial aid awards as appropriate. Once finalized, the data is uploaded into the tuition billing system used by the school. All financial aid grants are used to offset tuition for the specific school year for which it was awarded. OCS provides needs-based, mission-driven financial aid for students, with the exception of a couple very small merit-based awards funded by restricted donations. Financial aid is applied directly to the student's account. No cash changes hands. X 1 1 X X X X 0 0 0 0 0 0 0 1 0 Robert Black Head of School/President 299490 0 50000 0 2793 0 14330 0 28944 0 395557 0 0 0 Matthew Northrop Associate Head of School for Academics 213251 0 30000 0 26479 0 13968 0 45482 0 329180 0 0 0 Michael Parkinson Chief Operations Officer 195917 0 27500 0 5900 0 9467 0 79980 0 318764 0 0 0 Liz Carey - Asst Treasurer VP Finance & Accounting (part year) 142762 0 4542 0 22900 0 9051 0 52829 0 232084 0 0 0 William Brown Director of Operations 132059 0 15285 0 1200 0 4685 0 58571 0 211800 0 0 0 Eddie Moore Chief Development Officer 171074 0 0 0 0 0 4919 0 18090 0 194083 0 0 0 Kristin Thabit - Treasurer Chief Financial Officer 161007 0 3244 0 600 0 8425 0 4374 0 177650 0 0 0 Sebastian Alvarado Dir Soccer Ops/Head girls soccer coach/HS Sp.te 99207 0 1789 0 49216 0 4452 0 14955 0 169619 0 0 0 Frances Coyle High School Principal 146163 0 3461 0 600 0 7521 0 1569 0 159314 0 0 0 Part I, Line 1a Michael Parkinson, Chief Operating Officer, and his wife served as house parents in a home leased by the school to house foreign exchange students. Provision of this home is a nontaxable benefit to Mr. Parkinson based on the fact that it is a condition of employment and as a convenience for the school. This benefit was provided to Mr. and Mrs. Parkinson between January and July 2019 when the lease ended. Part I, Line 7 Non-fixed payments characterized as discretionary bonuses were awarded to R. Black, M. Parkinson, and M. Northrop during the tax year. A California Municipal Finance Authority 201563466 000000000 2019-03-22 47500000 See Part VI 0 0 0 A 47500000 219639 14712280 28633424 3934657 2019 1 1 0 1 A 0 1 1 0 0 0.00600 0.00000 0.00600 0 0 1 A 0 1 0 0 1 1 Union Bank 23.000000000000 1 0 0 0 1 A 1 Schedule K, Part I, column (f) Description of Purpose: Refinance 9/08/12 Debt and 12/12/13 Bond; Capital Projects for Dormitories and Idealab 24830 Need based assistance Tuition remission X 6 38749 Stock Market Value X Auction items 225 64162 Sales Price 0 0 1 0 Part I, Column (b): The number reported on Part I Line 9 is the number of contributions made. The number reported on Part I Line 25(a) is the number of items contributed. Form 990, Part VI, Section A, line 2 Dallas Price-Van Breda and Terry Roberts have a family relationship. Dallas Price-Van Breda and Kyle Stanich have a family relationship. Form 990, Part VI, Section B, line 11b Form 990 was prepared by an independent CPA firm. The Chief Financial Officer and Controller review the return in detail. The organzation's board has appointed a Tax CPA to review the Form 990 on behalf of the board. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The Head of School and Secretary of the Board are responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 The independent Compensation Committee of the Board of Directors annually determines compensation for all officer and key employee positions where base salaries exceed $150,000 per annum, taking into account the recommendation of the Head of School and the Director of Human Resources along with the review of comparable data and historical salaries for these positions. These approvals are regularly recorded in the minutes of the Compensation Committee. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available upon request. Form 990, Part XI, line 9: Change in Value of Interest Rate Swap Agreement -7,687,522. Online Christian Consortium LLC 37149 La Tienda Rd Westlake Village CA 91362 812564057 Online Education Services CA 53415 0 Oaks Christian School