2021-08-17T11:22:28-05:00 2021-05-26 946214841 ARMANINO LLP 12657 ALCOSTA BLVD STE 500 SAN RAMON CA 945834600 990 2020-08-01 942998528 ALTO INTERNATIONAL SCHOOL ALTO 6503248617 475 POPE STREET MENLO PARK CA 94025 MATTHEW MOBERG TREASURER 6503248617 2021-08-11 1 MATTHEW MOBERG 999009999 MATTHEW PETROSKI P00853132 9257902600 2021-08-11 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z X MATTHEW MOBERG 475 POPE STREET MENLO PARK CA 94025 3161442 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. X 7 7 67 176 0 0 580900 1180532 6320211 1974701 177 14 84179 6023 6985467 3161270 363208 168528 0 0 4534838 1568698 0 0 11519 2694862 1123910 7592908 2861136 -607441 300134 3134344 0 2014372 0 1119972 0 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 2174088 168528 1974701 ALTO INTERNATIONAL SCHOOL PROVIDES PRE-K THROUGH 12 EDUCATION FOR 187 STUDENTS. 2174088 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 16 0 1 67 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 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 MICHAEL SCHALLEHN VICE CHAIR 10.00 X X 0 0 0 CHRISTOPHER KREBS SECRETARY 10.00 X X 0 0 0 BEATE TEUFEL SECRETARY (LEFT 8/2020) 10.00 X X 0 0 0 MATTHEW MOBERG TREASURER 10.00 X X 0 0 0 BRANNAN VAUGHAN BOARD MEMBER 10.00 X 0 0 0 PAMELA ARMSTRONG BOARD MEMBER 10.00 X 0 0 0 VIVIDH SIDDHA BOARD MEMBER 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 380417 0 0 CHRISTINA KELLER ASST. ELEMENTARY PRINCIPAL 40.00 X 103998 0 7004 484415 0 7004 2 0 1 0 KNOWING TECHNOLOGIES 1528 S EL CAMINO REAL SUITE 307 SAN MATEO CA 94402 IT SERVICES 102767 1 12110 873437 294985 16165 1180532 TUITION FEES 611110 1918701 1918701 AUXILIARY PROGRAMS 611710 32922 32922 CHILD CARE 611710 23078 23078 1974701 14 14 5574 0 5574 5574 5574 0 12110 172 -172 -172 OTHER INCOME 611110 621 621 621 3161270 1974701 0 6037 168528 168528 144167 119726 24441 1248061 991389 256672 94932 82044 12888 81538 65075 16463 1411 1411 59075 59075 81899 27106 54793 6166 6166 150207 53061 92116 5030 30273 30273 644500 573605 70895 2880 2880 91958 81821 10137 8315 8315 BAD DEBT EXPENSES 31884 31884 STAFF DEVELOPMENT 8853 8853 EVENT EXPENSES 6489 6489 2861136 2174088 675529 11519 947719 0 339545 0 25000 0 72393 0 0 0 0 0 101614 0 0 0 1422448 0 0 0 0 0 225625 0 3134344 0 372741 0 564280 0 1077351 0 2014372 0 X 904109 0 215863 0 1119972 0 3134344 0 X 300134 -20 -1420086 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 2154711 -20 -206121 -206141 2360852 800418 800418 3161270 2655015 0 2655015 206121 206121 2861136 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 -168,528. TUITION REMISSION -31,104. EVENT EXPENSES -6,489. PART XI, LINE 4B - OTHER ADJUSTMENTS: PPP LOAN FORGIVENESS 800,418. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 168,528. TUITION REMISSION 31,104. EVENT EXPENSES 6,489. 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) 65 168528 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 DREW ALEXANDER HEAD OF SCHOOL 260417 0 120000 0 0 0 0 0 0 0 380417 0 0 0 PART I, LINE 7 THE BOARD AUTHORIZES DISCRETIONARY BONUS AMOUNT TO HEAD OF SCHOOL PRIOR TO PAYMENT. WELLS FARGO - CHECKING 2021-01-01 1366220 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) SCHWAB 2021-01-01 37528 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) WELLS FARGO - SAVINGS 2021-01-01 99987 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) WELLS FARGO - DONOR RESTRICTED 2021-01-01 218189 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) PETTY CASH 2021-01-01 2535 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) ACCOUNTS RECEIVABLE 2021-01-01 68575 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) ACCOUNTS RECEIVABLE 2021-01-01 888229 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) ALLOWANCE FOR DOUBTFUL ACCOUNTS 2021-01-01 -44590 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) UNDEPOSITED FUNDS 2021-01-01 14696 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) PLEDGES RECEIVABLE 2021-01-01 28351 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) ALLOWANCE FOR PLEDGES RECEIVABLE 2021-01-01 -10451 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) OTHER RECEIVABLES 2021-01-01 60 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) DEPOSIT 2021-01-01 225625 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) PREPAID EXPENSES - OPERATING 2021-01-01 83034 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) EDUCATIONAL FURNITURE AND EQUIPMENT 2021-01-01 31601 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) EDUCATIONAL FURNITURE AND EQUIPMENT 2021-01-01 74665 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) EDUCATIONAL FURNITURE AND EQUIPMENT 2021-01-01 2091 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) LEASEHOLD IMPROVEMENTS 2021-01-01 2144226 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) ACCUMULATED DEPRECIATION 2021-01-01 -912178 COST/CARRYING VALUE 942599581 SILICON VALLEY INTERNATIONAL SCHOOL 151 LAURA LANE PALO ALTO CA 94303 501(C)(3) 1 0 0 0 1 1 1 1 0 PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: THE FOLLOWING WILL BECOME A BOARD OF DIRECTOR AND OFFICERS OF THE SURVIVING CORPORATION.PAMELA ARMSTRONG - DEVELOPMENT, GOVERNANCEJOHN FURLAN - ALLIANCE, EXECUTIVECHRISTOPHER KREBS - EXECUTIVE, GOVERNANCE, COMMUNICATIONSMATT MOBERG - FINANCE, AUDIT, ALLIANCE, EXECUTIVEMICHAEL SCHALLEHN - GOVERNANCE, ALLIANCE, EXECUTIVEVIVIDH SIDDHA - DEVELOPMENT, GOVERNANCEBRANNAN VAUGHAN - FINANCE, INVESTMENTANDREA WILLMS - DEVELOPMENT, COMMUNICATIONS 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 XI, LINE 9: PPP LOAN FORGIVENESS -800,418. INHERENT CONTRIBUTION TO SILICON VALLEY INTERNATIONAL SCHOOL -619,668. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.