2021-06-15T20:21:48-05:00 2020-07-31 946214841 ARMANINO LLP 12657 ALCOSTA BLVD STE 500 SAN RAMON CA 945834600 990 2019-08-01 942998528 ALTO INTERNATIONAL SCHOOL ALTO 6503248617 475 POPE STREET MENLO PARK CA 94025 MATTHEW MOBERG TREASURER 6503248617 2021-06-15 1 MATTHEW PETROSKI P00853132 9257902600 2021-06-15 2019 2022-09-23 18:48:47Z MATTHEW MOBERG 475 POPE STREET MENLO PARK CA 94025 6985467 0 X WWW.ALTOSCHOOL.ORG X 1981 CA TO PROVIDE AN OUTSTANDING INTERNATIONAL, MULTILINGUAL EDUCATION FOCUSED ON INQUIRY-BASED LEARNING WITH THE GOAL TO FOSTER CONFIDENT, CREATIVE AND RESPONSIBLE LEARNERS AND GLOBAL THINKERS. 8 8 67 176 0 0 619543 580900 6371584 6320211 551 177 138236 84179 7129914 6985467 449671 363208 0 0 4259616 4534838 16458 0 8295 3074300 2694862 7800045 7592908 -670131 -607441 2957654 3134344 1230710 2014372 1726944 1119972 TO PROVIDE AN OUTSTANDING INTERNATIONAL, MULTILINGUAL EDUCATION FOCUSED ON INQUIRY-BASED LEARNING WITH THE GOAL TO FOSTER CONFIDENT, CREATIVE AND RESPONSIBLE LEARNERS AND GLOBAL THINKERS. 0 0 5923342 363208 6320211 ALTO INTERNATIONAL SCHOOL PROVIDES PRE-KINDERGARTEN THROUGH TWELFTH GRADE EDUCATION FOR 255 STUDENTS. 5923342 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 18 0 1 67 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 CA X DREW ALEXANDER 6503248617 475 POPE STREET MENLO PARK CA 94025 JOHN FURLAN CHAIR 10.00 X X 0 0 0 KRISTEN HUGHES VICE CHAIR (LEFT 10/19) 10.00 X X 0 0 0 BEATE TEUFEL SECRETARY 10.00 X X 0 0 0 MATTHEW MOBERG TREASURER 10.00 X X 0 0 0 ROBERT DOBBINS TREASURER (LEFT 10/19) 10.00 X X 0 0 0 PAMELA ARMSTRONG BOARD MEMBER (START 5/20) 10.00 X 0 0 0 CHRISTOPHER KREBS BOARD MEMBER (START 5/20) 10.00 X 0 0 0 MICHAEL SCHALLEHN BOARD MEMBER 10.00 X 0 0 0 VIVIDH SIDDHA BOARD MEMBER (START 5/20) 10.00 X 0 0 0 BRANNAN VAUGHAN BOARD MEMBER 10.00 X 0 0 0 SVEN WEBER BOARD MEMBER (LEFT 10/19) 10.00 X 0 0 0 ANDREA WILLMS PRESIDENT OF PARENT ORG. 10.00 X 0 0 0 DREW ALEXANDER HEAD OF SCHOOL 40.00 X 149583 0 0 EVELYN LASSMAN FINANCE & OPERATIONS DIRECTOR 40.00 X 113799 0 0 ALEX NORWOOD DEAN OF STUDENT LIFE & HS 40.00 X 108678 0 6613 MICHAEL CHAPMAN FORMER HEAD OF SCHOOL 40.00 X 235277 0 10649 607337 0 17262 4 1 1 0 KNOWING TECHNOLOGIES 1528 S EL CAMINO REAL SUITE 307 SAN MATEO CA 94402 EDUCATIONAL CONSULTANT 149450 1 5930 574970 11430 580900 TUITION FEES 611110 5926110 5926110 CHILD CARE 611710 215995 215995 AUXILIARY PROGRAMS 611710 130937 130937 SCHOOL EVENTS 611710 47169 47169 6320211 177 177 82300 0 82300 82300 82300 OTHER INCOME 900099 1879 1879 1879 6985467 6320211 0 84356 363208 363208 330000 314800 15200 3569192 2846111 723081 370538 327622 42916 265108 214912 50196 9732 9732 163354 163354 271525 109309 162216 37088 37088 245268 107774 134142 3352 30190 30190 1537188 1368097 169091 62923 62923 213010 189579 23431 49729 49729 BAD DEBT EXPENSES 50905 50905 STAFF DEVELOPMENT 19007 19007 EVENT EXPENSES 4943 4943 7592908 5923342 1661271 8295 659744 947719 313277 339545 9200 25000 7363 72393 186387 101614 2590250 1167802 1556058 1422448 225625 225625 2957654 3134344 350175 372741 703458 564280 177077 1077351 1230710 2014372 X 1518944 904109 208000 215863 1726944 1119972 2957654 3134344 -607441 469 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2144226 764821 1379405 446024 402981 43043 1422448 DEPOSITS 225625 225625 DEFERRED RENT EXPENSE 276933 PPP LOAN 800418 1077351 X 6473905 469 -512031 -511562 6985467 0 6985467 7080877 0 7080877 512031 512031 7592908 PART X, LINE 2: THE SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3) AND THE CALIFORNIA TAX CODE. THE SCHOOL FOLLOWS THE GUIDANCE OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. 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 2D - OTHER ADJUSTMENTS: FINANCIAL AID -363,208. TUITION REMISSION -143,880. EVENT EXPENSES -4,943. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 363,208. TUITION REMISSION 143,880. EVENT EXPENSES 4,943. 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 NONDISCRIMINATORY POLICY IS LISTED ON THE ADMISSIONS SECTION OF THE ORGANIZATION'S WEBSITE (HTTPS://ALTOSCHOOL.OPENAPPLY.COM/) AND PRINTED IN REGISTRATION DOCUMENTS. 1 FINANCIAL AID (TUITION ASSISTANCE) 97 363208 FMV DIRECT CREDIT TO STUDENT ACCOUNT PART I, LINE 2: APPLICANTS COMPLETE A FINANCIAL AID FORM THROUGH SCHOOL AND STUDENT SERVICES OF NAIS ("SSS") TO DETERMINE ELIGIBILITY FOR REDUCED TUITION. DISCOUNTS ARE APPLIED DIRECTLY TO THE STUDENT'S ACCOUNT. X X 0 0 0 0 0 0 0 1 0 MICHAEL CHAPMAN FORMER HEAD OF SCHOOL 195277 0 40000 0 0 0 0 0 10649 0 245926 0 0 0 PART I, LINE 7 THE BOARD AUTHORIZES DISCRETIONARY BONUS AMOUNT TO HEAD OF SCHOOL PRIOR TO PAYMENT. CLAUDIA WEBER FAMILY MEMBER OF BOARD MEMBER SVEN WEBER 55853 EMPLOYMENT 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION UPDATED ITS BYLAWS ON MARCH 26, 2020. THE FOLLOWING CHANGES WERE MADE. - THE INITIAL TERM OF ALL DIRECTORS WAS REVISED TO SERVE NO MORE THAN THREE CONSECUTIVE YEARS VERSUS TWO YEARS. - THE TREASURER POWERS AND PERFORMANCE DUTIES WERE FURTHER SPECIFIED BY THE BOARD OF DIRECTORS TO HAVE THE SUPERVISION OF MAINTAINING THE BOOK AND RECORDS OF THE CORPORATION, DEPOSIT ALL AMOUNTS OF MONEY AND VALUES IN THE NAME AND TO THE CREDIT OF THE CORPORATION, PREPARE AND PRESENT TO THE BOARD THE ANNUAL BUDGET AND MONTHLY FINANCIAL STATEMENTS, AND PREPARE THE ANNUAL TAX RETURNS AND ANNUAL AUDIT REPORT. - THE HEAD OF SCHOOL WAS DEFINED ITS DUTIES AS AN OFFICER TO ACT AS CEO AND HAVE GENERAL SUPERVISION, DIRECTION, AND CONTROL OF THE BUSINESS OF THE CORPORATION. - THE BYLAWS WERE UPDATED TO SPECIFY AND BREAK UP COMMITTEES. THE COMMITTEES ESTABLISHED WERE THE EXECUTIVE COMMITTEE, DIRECTORS AND GOVERNANCE COMMITTEES, FINANCE COMMITTEE, DEVELOPMENT COMMITTEE, AND FACILITIES COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD REQUIRES ANNUAL CONFLICT OF INTEREST STATEMENTS FOR BOARD MEMBERS AND MONITORS POTENTIAL CONFLICTS ON AN ONGOING BASIS. FORM 990, PART VI, SECTION B, LINE 15A BOARD REVIEWS AND APPROVES COMPENSATION OF HEAD OF SCHOOL BASED ON PAY SCALE OF EMPLOYEES AT COMPARABLE SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 ALTO INTERNATIONAL SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.