2021-05-15T11:14:48-05:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2019-07-01 951856591 THE WEBB SCHOOLS WEBB 9096263587 1175 W BASELINE ROAD CLAREMONT CA 91711 JANET K PEDDY CFO, ASST SECRETARY 9096263587 2021-05-14 1 DERRICK DEBRUYNE CPA P00591016 6268577300 2021-05-13 2019 2022-09-23 18:48:47Z TAYLOR STOCKDALE 1175 W BASELINE ROAD CLAREMONT CA 91711 32614546 0 X WWW.WEBB.ORG X 1955 CA THE MISSION OF THE WEBB SCHOOLS IS TO PROVIDE AN EXEMPLARY LEARNING COMMUNITY. 26 24 235 174 0 0 5339496 5043847 23581009 23589071 1236163 1482536 83701 12272 30240369 30127726 5706164 5912890 0 0 12136163 13038231 0 0 2326534 8707770 8357384 26550097 27308505 3690272 2819221 88810223 90674489 17526270 17234325 71283953 73440164 X THE MISSION OF THE WEBB SCHOOLS IS TO PROVIDE AN EXEMPLARY LEARNING COMMUNITY THAT NURTURES AND INSPIRES BOYS AND GIRLS TO BECOME MEN AND WOMEN WHO THINK BOLDLY, MINDFULLY AND CREATIVELY, ACT WITH HONOR AND MORAL COURAGE, LEAD WITH DISTINCTION, AND SERVE WITH A GENEROUS SPIRIT. 0 0 19068218 5912890 23589071 BOARDING AND DAY SCHOOL INSTRUCTION FOR APPROXIMATELY 410 STUDENTS. 19068218 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 0 1 79 0 1 235 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 26 24 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X JANET PEDDY CFO 9096263587 1175 WEST BASELINE ROAD CLAREMONT CA 91711 TAYLOR B STOCKDALE PRESIDENT, HEAD OF SCHOOLS 40.00 5.00 X X 746555 0 198006 JANET K PEDDY CFO, ASST SECRETARY 40.00 10.00 X X 263954 0 37186 DERRICK BARHYDT DIR OF ADVANCEMENT 40.00 X 211718 0 51790 JAMILA EVERETT PHD DIR OF ADMISSION 40.00 X 194793 0 60824 THERESA SMITH PHD ASSOCIATE HEAD OF SCHOOLS 40.00 X 187255 0 56075 JOE WOODWARD DIR OF STRATEGIC COMM 40.00 X 156738 0 28202 HECTOR MARTINEZ DEAN OF COLLEGE GUIDANCE 40.00 X 136472 0 30889 ROBERT FASS SENIOR DIR OF DEVELOPMENT 40.00 2.00 X 121217 0 29648 LAURA WENSLEY SENIOR DIR OF DEVELOPMENT 40.00 X 119906 0 29489 KEVIN DOYLE DIR OF FACILITIES 40.00 X 139677 0 8328 SANJAY DHOLAKIA TRUSTEE, CHAIRMAN 5.00 1.00 X X 0 0 0 DAVID LOO TRUSTEE, VICE CHAIR 3.00 X X 0 0 0 CHRISTINA MERCER-MCGINLEY PHD TRUSTEE, VICE CHAIR, SEC 3.00 X X 0 0 0 BLAKE BROWN TRUSTEE 3.00 X 0 0 0 MICHAEL CHANG TRUSTEE 2.00 X 0 0 0 DEVAL DVIVEDI TRUSTEE 3.00 X 0 0 0 JENNA GAMBARO JD TRUSTEE 2.00 X 0 0 0 JANEL HENRIKSEN HASTINGS PHD TRUSTEE 2.00 X 0 0 0 JOHN HOLLIDAY TRUSTEE 2.00 X 0 0 0 BILL HORNBUCKLE TRUSTEE 2.00 X 0 0 0 NAVEEN JEEREDDI TRUSTEE 2.00 X 0 0 0 SANDRA LEE REBISH MD TRUSTEE 2.00 X 0 0 0 JULIA MARCIARI-ALEXANDER PHD TRUSTEE 2.00 X 0 0 0 ROGER J MILLAR TRUSTEE 5.00 X 0 0 0 RAHMI MOWJOOD DO TRUSTEE 2.00 X 0 0 0 DAVID MYLES PHD TRUSTEE 2.00 X 0 0 0 MICKEY NOVAK TRUSTEE 2.00 X 0 0 0 RJ ROMERO TRUSTEE 2.00 X 0 0 0 MILES R ROSEDALE TRUSTEE 3.00 X 0 0 0 WENDIN SMITH PHD TRUSTEE 3.00 X 0 0 0 LARA TIEDANS PHD TRUSTEE 2.00 X 0 0 0 DENIS YIP TRUSTEE 2.00 X 0 0 0 MELVIN OLIVER PHD TRUSTEE 2.00 X 0 0 0 LARRY ASHTON TRUSTEE 2.00 5.00 X 0 0 0 2278285 0 530437 10 0 1 0 DEL AMO CONSTRUCTION INC 23840 MADISON ST TORRANCE CA 90505 CONSTRUCTION 1090647 RESOURCE COMPUTER SOLUTIONS INC 2058 N MILLS AVE CLAREMONT CA 91711 INFORMATION TECHNOLOGY 499566 CULINART GROUP INC PO BOX 50196 LOS ANGELES CA 900740196 CULINARY SERVICE 459518 PAGE & TURNBILL INC 170 MAIDEN LANE 5TH FLOOR SAN FRANCISCO CA 94108 ARCHITECHTURE AND DESIGN 306355 SEAROCK STAFFORD CM INC 690 E GREEN ST 201 PASADENA CA 91101 CONSTRUCTION MANAGEMENT 141877 8 51940 49115 4942792 2018654 5043847 TUITION AND FEES 611710 23132903 23132903 SUMMER PROGRAMS 611710 419000 419000 AFFILIATES DUES AND OTHER INCOME 611710 37168 37168 23589071 1168733 1168733 16 16 450 0 450 450 450 2695471 2381684 313787 313787 313787 61846 51940 105136 -43290 -43290 1494 0 1494 1494 MISCELLANEOUS 611710 53618 53618 53618 30127726 23589071 0 1494808 5912890 5912890 1663174 298252 826789 538133 8741843 5515367 2358359 868117 635818 398419 178102 59297 1350433 735553 501831 113049 646963 412607 171692 62664 103146 96015 7131 87664 87489 175 97763 97763 179863 179863 639499 430939 175560 33000 344889 185133 159756 185060 16051 137377 31632 776810 438123 264607 74080 1554448 1435453 103392 15603 281316 69379 165270 46667 172395 81873 90522 1575 1575 1411259 1298358 98788 14113 777804 679257 85516 13031 OTHER STUDENT PROGRAMS 971060 962415 8645 FUNDRAISING EXPENSES 297217 297217 SUMMER PROGRAM EXPENSE 286728 286728 ALL OTHER EXPENSES 188888 539 188349 27308505 19068218 5913753 2326534 2815176 996455 18598873 13711607 3826497 3063601 237151 278661 11301 9931 257227 262247 50790375 26069674 25852298 24720701 27802602 28864971 5932679 8798413 3476419 9967902 88810223 90674489 1338109 2360968 5013430 3006039 9199480 8983514 1975251 2883804 17526270 17234325 X 33460585 37608932 37823368 35831232 71283953 73440164 88810223 90674489 X 2819221 -199702 -463308 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34653081 2875392 802214 548976 682067 25000 37074644 32712398 1521286 1828216 510413 898406 34653081 28650274 3409791 1737885 489462 596090 32712398 26224144 714532 2791045 481144 598303 28650274 27617927 554606 -873078 470433 604878 26224144 0.31000 0.64000 0.05000 0 0 5796493 5796493 40445645 22756112 17689533 161821 141747 20074 2945394 2159997 785397 1441022 1011818 429204 24720701 OTHER SECURITIES 4876110 F MUTUAL FUNDS 1758085 F OFF-SHORE FUND 1278412 F PRIVATE PARTNERSHIP 885806 F 8798413 CONSTRUCTION IN PROGRESS 6775940 CONTRIBUTIONS RECEIVABLE FOR PLANNED GIFTS 2949299 DUE FROM SUBSIDIARIES 242663 9967902 TRUST LIABILITIES - STUDENT CLUBS 35829 LIABILITIES RE: SWAP AGREEMENT 2618438 LIABILITIES RE: SPLIT INTEREST AGREEMENT 79537 TRUST LIABILITIES-DUE TO OTHER FUNDS 150000 2883804 X 24449429 -199702 -199702 24649131 179862 5298733 5478595 30127726 21828335 0 21828335 179862 5300308 5480170 27308505 PART V, LINE 4: THE SCHOOLS' ENDOWMENT CONSISTS OF APPROXIMATELY 154 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTESS TO FUNCTION AS ENDOWMENT (QUASI-ENDOWMENT). PART X, LINE 2: THE SCHOOLS HAVE EVALUATED TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT OF TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO THE SCHOOLS CONTINUED QUALIFICATION AS A TAX- EXEMPT ORGANIZATION AND WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE SCHOOL IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THE EXEMPT PURPOSES. THE SCHOOL FILES AN EXEMPT SCHOOL RETURN AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD. PART XI, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL SCHOLARSHIPS, TUITION DISCOUNTS 5,298,733. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS AND INSTITUTIONAL SCHOLARSHIPS 5,298,733. TRANSFERS TO AFFLIATES 1,575. 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 SCHOOL PUBLICIZES ITS NON-DISCRIMINATION POLICY IN ADVERTISEMENTS, ON ITS WEBSITE, AND IN OTHER EXTERNAL COMMUNICATIONS FOR RECRUITING, HIRING AND SOLICITATIONS. THE NON-DISCRIMINATION POLICY IS ALSO PUBLISHED IN INTERNAL HANDBOOKS AND OPERATING MANUALS. EAST ASIA 0 0 PROGRAM SERVICES ADMISSION 17626 RUSSIA 0 0 PROGRAM SERVICES ADMISSION 6634 NORTH AMERICA 0 0 PROGRAM SERVICES ADMISSION 2535 MIDDLE EAST 0 0 PROGRAM SERVICES ADMISSION 22102 EAST ASIA 0 0 PROGRAM SERVICES FUNDRAISING; ALUMNI 12250 EUROPE 0 0 PROGRAM SERVICES FUNDRAISING; ALUMNI 214 0 0 0 0 0 0 61361 0 61361 0 0 0 0 0 0 PART III ACCOUNTING METHOD: AFFILIATES 113786 51940 61846 33899 26087 12915 32235 113786 51940 61846 33899 26087 12915 32235 105136 -43290 1 FINANCIAL AID 151 5912890 FMV FINANCIAL AID, TUITION AND FEES REMISSION, TECHNOLOGY GRANTS AND TRIP SCHOLARSHIPS PART I, LINE 2: ALL AWARDS ARE FOR FINANCIAL AID OR TUITION REMISSION AT THE WEBB SCHOOLS. X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 TAYLOR B STOCKDALE PRESIDENT, HEAD OF SCHOOLS 396555 0 0 0 350000 0 103000 0 95006 0 944561 0 100000 0 JANET K PEDDY CFO, ASST SECRETARY 251454 0 12500 0 0 0 24961 0 12225 0 301140 0 0 0 DERRICK BARHYDT DIR OF ADVANCEMENT 211718 0 0 0 0 0 12796 0 38994 0 263508 0 0 0 JAMILA EVERETT PHD DIR OF ADMISSION 194793 0 0 0 0 0 11740 0 49084 0 255617 0 0 0 THERESA SMITH PHD ASSOCIATE HEAD OF SCHOOLS 187255 0 0 0 0 0 15000 0 41075 0 243330 0 0 0 JOE WOODWARD DIR OF STRATEGIC COMM 156738 0 0 0 0 0 15996 0 12206 0 184940 0 0 0 HECTOR MARTINEZ DEAN OF COLLEGE GUIDANCE 136472 0 0 0 0 0 13733 0 17156 0 167361 0 0 0 ROBERT FASS SENIOR DIR OF DEVELOPMENT 121217 0 0 0 0 0 12498 0 17150 0 150865 0 0 0 PART I, LINE 1A AS APPROVED AND ENCOURAGED BY THE BOARD OF TRUSTESS, THE SPOUSE OF THE HEAD OF SCHOOLS ACCOMPANIES HIM TO CONFERENCES, FUNDRAISING TRIPS AND ALUMNI EVENTS. ON THE TRIPS, THE SPOUSE HELPS TO REPRESENT THE SCHOOLS. PART I, LINE 4B THE WEBB SCHOOLS FUND TWO 457(F) PLANS. AS DEFINED BY EMPLOYMENT CONTRACT, EACH PLAN HAS SPECIFIC CONTRIBUTION AND PAYMENT SCHEDULES, BASED ON CERTAIN EMPLOYMENT CRITERIA, LIKE THE LENGTH OF EMPLOYMENT OR MEETING PRE-DEFINED GOALS. FOR THE YEAR ENDED JUNE 30, 2020 TWO DISTRIBUTIONS WERE MADE FOR ONE PARTICIPANT, TAYLOR STOCKDALE, IN THE AMOUNTS OF $100,000 AND $250,000, RESPECTIVELY. A CA MUNICIPAL FINANCE AUTHORITY 201563466 2012-03-06 10700000 ACQUISITION , CONSTRUCTION, RENOVATION OF SCHOOL FACILITIES 0 0 0 A 1520000 10700992 420866 274015 10438862 13010 2016 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 1 1 1 UNION BANK 260.000000000000 0 0 0 NA 0 1 0 A 0 DR THERESA SMITH KEY EMPLOYEE 41975 TUITION REMISSION STANDARD EMPLOYEE BENEFIT BOB FASS KEY EMPLOYEE 41975 TUITION REMISSION STANDARD EMPLOYEE BENEFIT X 6800 ESTIMATE FAIR MARKET VAL X 10 2002794 MARKET VALUE X COVID SUPPLIES 20404 8860 ESTIMATED FAIR MARKE 0 1 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES AND OFFICERS COMPLETE CONFLICT OF INTEREST STATEMENTS ON AN ANNUAL BASIS; THESE DOCUMENTS ARE REVIEWED BY THE CHIEF FINANCIAL OFFICER AND ANY EXCEPTIONS ARE REPORTED TO THE HEAD OF SCHOOLS, AUDIT COMMITTEE CHAIR AND CHAIRMAN OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 THE ADMINISTRATION AND CONSULTANTS CONDUCT MARKET RESEARCH BASED ON INDUSTRY STANDARDS IN SIMILAR ORGANIZATIONS WHEN DETERMINING COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. THE BOARD OF TRUSTEES REVIEWS AND APPROVES TOTAL COMPENSATION, COMPENSATION FOR THE HEAD OF SCHOOLS, AND REVIEWS COMPENSATION PACKAGES FOR OTHER KEY EMPLOYEES. THE HEAD OF SCHOOLS APPROVES COMPENSATION FOR ALL OTHER EMPLOYEES. SAME AS ABOVE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST, WHISTLE-BLOWER AND DOCUMENT RETENTION POLICES, AND FINANCIAL STATEMENTS ARE DISTRIBUTED TO THE GOVERNING BODY. THESE ITEMS ARE AVAILABLE UPON REQUEST TO OTHERS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 251,423. CHANGE IN VALUE OF SWAP AGREEMENT LIABILITY -714,731. FORM 990, PART XII, LINE 2C: THE SCHOOLS HAVE NOT CHANGED THE OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. RAYMOND M ALF MUSEUM 1175 WEST BASELINE ROAD CLAREMONT CA 91711 953366309 MUSEUM CA 501(C)(3) LINE 7 THE WEBB SCHOOLS 1 WEBB SCHOOLS REAL ESTATE FUND 1175 WEST BASELINE ROAD CLAREMONT CA 91711 201554974 REAL ESTATE FUND CA 501(C)(3) LINE 12A, I THE WEBB SCHOOLS 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 0