2021-05-17T14:32:15-05:00 2020-06-30 941254756 HOOD & STRONG LLP 275 BATTERY ST STE 900 SAN FRANCISCO CA 94111 990 2019-07-01 940338330 THE BRANSON SCHOOL BRAN 4154543612 PO BOX 887 ROSS CA 94957 DAVID HANSON CFOO 4154543612 2021-05-16 1 MAGA E KISRIEV P01008919 4157810793 2019 2022-09-23 18:48:47Z CHRIS MAZZOLA PO BOX 887 ROSS CA 94957 22734092 0 X WWW.BRANSON.ORG X 1926 CA TO PROVIDE A QUALITY EDUCATION TO STUDENTS GRADE 9 THROUGH 12. 23 23 159 100 0 0 3029040 2467428 16401181 16520709 3253677 3241202 -63108 45398 22620790 22274737 2202297 2453827 0 0 11678582 11573974 80052 0 1275441 8482962 6995993 22443893 21023794 176897 1250943 75804004 76168406 33065494 34274256 42738510 41894150 X TO PROVIDE AN ACADEMICALLY EXCEPTIONAL EDUCATION TO STUDENTS GRADE 9 THROUGH 12 IN A WARM, SUPPORTIVE, AND NURTURING ENVIRONMENT. 0 1 13760619 2453827 16545848 THE BRANSON SCHOOL MAINTAINS AND CONDUCTS A SECONDARY SCHOOL FOR APPROXIMATELY 320 GIRLS AND BOYS IN WHICH THEY ARE PROVIDED WITH SUCH INSTRUCTION AND EDUCATION THAT SHALL BE ADEQUATE FOR THE PREPARATION OF STUDENTS FOR ADMISSION TO UNIVERSITIES AND COLLEGES OF THE HIGHEST ATTAINMENT. THE BRANSON SCHOOL ENCOURAGES STUDENTS TO THINK CRITICALLY, COMMUNICATE CLEARLY, DEVELOP THEIR INDIVIDUAL TALENTS AND INTERESTS, AND PURSUE A LIFE-LONG PASSION FOR LEARNING. 13760619 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 98 0 1 159 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X AMBER JOHNSON DIRECTOR OF FINANCE 4154543612 PO BOX 887 ROSS CA 94957 CLAUDIA LEWIS CHAIRMAN 2.00 X X 0 0 0 HADLEY MULLIN CO-VICE CHAIR 2.00 X X 0 0 0 JAMES SCHURZ CO-VICE CHAIR 2.00 X X 0 0 0 STEVE FLETCHER TREASURER 2.00 X X 0 0 0 HARRISON MILLER SECRETARY 2.00 X X 0 0 0 STEVE ASHLEY TRUSTEE 2.00 X 0 0 0 SARABJIT BAVEJA TRUSTEE 2.00 X 0 0 0 BEN BODIPO-MEMBA TRUSTEE 2.00 X 0 0 0 JULIE CARLUCCI TRUSTEE 2.00 X 0 0 0 JACK DALY TRUSTEE 2.00 X 0 0 0 LUPE GALLEGOS-DIAZ TRUSTEE 2.00 X 0 0 0 COREEN HESTER TRUSTEE 2.00 X 0 0 0 NANCY KAMI TRUSTEE 2.00 X 0 0 0 SLOAN KLEIN TRUSTEE 2.00 X 0 0 0 YAZ KREHBIEL TRUSTEE 2.00 X 0 0 0 JOHNATHAN LOGAN JR TRUSTEE 2.00 X 0 0 0 JANI ROSS TRUSTEE 2.00 X 0 0 0 NANCY SACKSON TRUSTEE 2.00 X 0 0 0 DAVID SHIMMON TRUSTEE 2.00 X 0 0 0 ALLY SIEVERS TRUSTEE 2.00 X 0 0 0 QUOC TRAN TRUSTEE 2.00 X 0 0 0 CONNIE TREADWELL TRUSTEE 2.00 X 0 0 0 GREG TUSHER TRUSTEE 2.00 X 0 0 0 CHRIS MAZZOLA HEAD OF SCHOOL 40.00 X 402404 0 37921 BENJAMIN PASTOR CHIEF ADVANCEMENT OFFICER 40.00 X 203484 0 29806 JEFFERY SYMONDS DIRECTOR OF TEACHING & LEARNING 40.00 X 166528 0 35406 FREDERICK PARSONS DIRECTOR OF STUDIES 40.00 X 171926 0 26867 AMBER JOHNSON DIRECTOR OF FINANCE 40.00 X 183717 0 12191 MEREDITH HERRERA DEAN OF STUDENT LIFE 40.00 X 156256 0 16855 EDWARD PINGER FORMER ASST HEAD OF SCHOOL & CFO 0.00 X 154465 0 21775 1438780 0 180821 44 1 1 0 COVINGTON & BURLING LLP 620 EIGHTH AVENUE NEW YORK NY 10018 LEGAL SERVICES 748555 PEAK BUILDING SERVICES 845 OLIVE AVENUE SUITE 211 NOVATO CA 94945 JANITORIAL SERVICES 176616 2 2467428 2467428 TUITION AND FEES 611600 15595767 15595767 AUXILLARY SERVICES 611600 713775 713775 SUMMER PROGRAMS 611600 195267 195267 OTHER PROGRAM REVENUE 611600 15900 15900 16520709 1185479 1185479 153063 132804 20259 20259 20259 2382274 326551 2055723 2055723 2055723 INSURANCE PROCEEDS 900099 25139 25139 25139 22274737 16545848 0 3261461 2453827 2453827 537757 134439 268879 134439 8838630 5265099 2965106 608425 487065 316592 139382 31091 1090737 708979 319525 62233 619785 388236 191152 40397 27500 27500 53550 53550 250421 250421 16244 16244 1069569 668086 359739 41744 77437 59092 18345 212010 136456 71957 3597 453477 362782 90695 1025289 741894 254285 29110 29768 18586 10007 1175 182217 116999 63000 2218 699287 523917 154813 20557 1379275 1033374 305354 40547 57605 57605 ATHLETIC PROGRAM 563829 562157 1476 196 SPECIAL EVENT EXPENSES 112996 112996 CAPITAL CAMPAIGN EXPENS 95665 95665 BOOKS FOR RESALE/RENTAL 90113 90113 599741 239083 327952 32706 21023794 13760619 5987734 1275441 9584419 9985974 2852691 2667416 5000 147131 543061 207036 54000 0 79250 82151 45328395 24721607 19338599 20606788 43309345 42436971 37639 34939 75804004 76168406 2685204 1040000 8411390 9378894 21968900 21484757 0 2370605 33065494 34274256 X 14011312 13662264 28727198 28231886 42738510 41894150 75804004 76168406 1250943 -2095303 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 1 30733 1 15570 0 0 0 0 1 257921 304224 0 PART II-B, LINE 1: THE LAW GOVERNING BRANSON'S ENROLLMENT CAP REQUIRES THAT ANY INCREASE IN ENROLLMENT ABOVE 320 STUDENTS GO TO ROSS VOTERS VIA A BALLOT MEASURE AND, ONLY IF APPROVED, ALLOW FOR BRANSON TO GO BEFORE THE TOWN COUNCIL FOR CONSIDERATION. THIS LAW HAS BEEN ON THE BOOKS SINCE 1978, BUT 40 YEARS LATER, THE NEEDS OF THE SCHOOL AND THE COMMUNITY HAVE CHANGED. MEASURE F, THE "SUPPORT FOR COMMUNITY SCHOOLS INITIATIVE" ASKS VOTERS FOR PERMISSION TO ALLOW THE BRANSON SCHOOL TO SEEK APPROVAL FROM THE ROSS TOWN COUNCIL TO INCREMENTALLY ADD UP TO 100 STUDENTS TO THE SCHOOL. TO SUPPORT THIS MEASURE, THE SCHOOL INCURRED EXPENDITURES ON DIGITAL COPIES OF BANNERS, BUMPER STICKERS, LAWN SIGNS, MAILERS, AND ONLINE ADVERTISEMENTS. 26568100 39558 529184 1203709 25933133 26003703 71363 1522163 1029129 26568100 24480162 81190 2347620 905269 26003703 21453313 627697 3171427 772275 24480162 22100253 199741 -42273 804408 21453313 0.03700 0.60990 0.35310 0 0 1333389 1333389 39306058 20706660 18599398 4681289 4014947 666342 7659 7659 20606788 X 17996465 -2095303 -2299529 -4394832 22391297 16244 -132804 -116560 22274737 18840825 132804 132804 18708021 16244 2299529 2315773 21023794 PART V, LINE 4: THE BRANSON SCHOOL ENDOWMENT FUNDS ARE PRIMARILY USED TO SUPPORT THE GENERAL OPERATIONS OF THE SCHOOL, INCLUDING FINANCIAL AID SUPPORT. PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(3) AND BY THE CALIFORNIA REVENUE AND TAXATION CODE 23701D. ACCORDINGLY, IT HAS NOT PROVIDED FOR INCOME TAXES IN THESE FINANCIAL STATEMENTS. EACH YEAR, MANAGEMENT CONSIDERS WHETHER ANY MATERIAL TAX POSITION THE SCHOOL HAS TAKEN IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. MANAGEMENT BELIEVES THAT ANY POSITIONS THE SCHOOL HAS TAKEN ARE SUPPORTED BY SUBSTANTIAL AUTHORITY, AND HENCE, DO NOT NEED TO BE MEASURED OR DISCLOSED IN THESE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID RECLASSIFIED TO EXPENSES -2,299,529. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES RECLASSIFIED TO REVENUE -132,804. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES RECLASSIFIED TO REVENUE 132,804. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID RECLASSIFIED TO EXPENSES 2,299,529. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE BRANSON SCHOOL PUBLISHED ITS NONDISCRIMINATORY POLICY ON THE SCHOOL'S WEBSITE. A LINK TO THE POLICY IS INCLUDED ON THE WEBSITE HOMEPAGE. 1 FINANCIAL AID 60 2453827 PART I, LINE 2: THE FINANCIAL AID COMMITTEE REVIEWS EACH APPLICATION AND APPROVES THE FINANCIAL AID GRANTED TO EACH STUDENT. FINANCIAL AID IS PROVIDED FOR TUITION AND INCIDENTALS. X X X X X 0 0 0 0 0 0 0 0 0 CHRIS MAZZOLA HEAD OF SCHOOL 402404 0 0 0 0 0 14000 0 23921 0 440325 0 0 0 BENJAMIN PASTOR CHIEF ADVANCEMENT OFFICER 203484 0 0 0 0 0 10422 0 19384 0 233290 0 0 0 JEFFERY SYMONDS DIRECTOR OF TEACHING & LEARNING 166528 0 0 0 0 0 11512 0 23894 0 201934 0 0 0 FREDERICK PARSONS DIRECTOR OF STUDIES 171926 0 0 0 0 0 14985 0 11882 0 198793 0 0 0 AMBER JOHNSON DIRECTOR OF FINANCE 183717 0 0 0 0 0 9305 0 2886 0 195908 0 0 0 MEREDITH HERRERA DEAN OF STUDENT LIFE 156256 0 0 0 0 0 9368 0 7487 0 173111 0 0 0 EDWARD PINGER FORMER ASST HEAD OF SCHOOL & CFO 154465 0 0 0 0 0 5636 0 16139 0 176240 0 0 0 A CALIFORNIA PUBLIC FINANCE AUTHORITY 474447476 2017-12-21 22885000 REFINANCING 0 0 0 A 22885000 292268 1166000 21426732 2017 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 A 0 SCHEDULE K, PART IV, LINE 2C: REBATE COMPUTATION WAS NOT PERFORMED SINCE THE ISSUE IS NOT AN ARBITRAGE BOND. FORM 990, PART III, LINE 3 THE SCHOOL PROVIDED STUDENTS WITH DISTANCE LEARNING DUE TO THE COVID-19 PANDEMIC IN LIEU OF IN-PERSON LEARNING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE BEFORE IT WAS FILED. A COPY OF THE PUBLIC DISCLOSURE VERSION OF FORM 990 WAS PROVIDED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE MEMBERS OF THE BOARD OF TRUSTEES AND THE HEAD OF SCHOOL SHALL EXERCISE REASONABLE CARE, DISCRETION AND GOOD JUDGEMENT FOR THE BENEFIT OF BRANSON. IN THEIR DEALINGS WITH AND ON BEHALF OF BRANSON, FIDUCIARIES SHALL BE HELD TO A RULE OF HONEST, FAIR AND GOOD FAITH DEALING BETWEEN THEMSELVES AND BRANSON. THEY SHALL NOT USE THEIR POSITIONS, OR KNOWLEDGE GAINED THERE FROM, IN SUCH A WAY THAT A CONFLICT OF INTEREST, A POTENTIAL CONFLICT OF INTEREST OR THE APPEARANCE OF IMPROPRIETY ARISES BETWEEN THE INTEREST OF BRANSON AND THAT OF THE INDIVIDUAL. THE BOARD SHALL ENSURE THAT ANY "MATERIAL" (AS HEREIN DEFINED) TRANSACTION OR OTHER MATTER INVOLVING BRANSON IN WHICH A FIDUCIARY HAS A PERSONAL, FINANCIAL, OR OTHER INTEREST IS IN THE BEST INTERESTS OF BRANSON. IF A CONFLICT OF INTEREST EXISTS, THE PERSON SHALL PROMPTLY REPORT THE EXISTENCE OF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST OR A MATTER GIVING RISE TO THE APPEARANCE OF IMPROPRIETY FOR THEMSELVES OR ANY "FAMILY MEMBERS" (AS HEREIN DEFINED) ACCORDING TO, THE BRANSON SCHOOL CONFLICT OF INTEREST DISCLOSURE STATEMENT PROMPTLY AFTER RECEIVING SAME. NO FIDUCIARY WITH AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST OR THE APPEARANCE OF IMPROPRIETY (INTERESTED PERSON) MAY VOTE ON, OR BE PRESENT AT THE VOTE FOR, A MATTER RELATED THERETO OR BE COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM AT THE MEETING OF THE BOARD OF TRUSTEES AT WHICH SUCH MATTER IS VOTED UPON. AT THE DISCRETION OF THE CHAIR OF THE BOARD, THE INTERESTED PERSON MAY PARTICIPATE IN BOARD DISCUSSIONS CONCERNING SUCH MATTER, BUT SHALL NOT BE COUNTED TOWARD THE QUORUM FOR THE VOTE UPON SUCH MATTER. IF THE INTERESTED PERSON IS UNABLE TO MITIGATE THE CONFLICT OF INTEREST, THE BOARD MAY REMOVE UPON A VOTE OF THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S COMPENSATION PACKAGE IS DETERMINED EXCLUSIVELY BY THE BOARD OF TRUSTEES. A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS FORM 990S FILED BY COMPARABLE SCHOOLS. A WRITTEN EMPLOYMENT CONTRACT IS SIGNED BY THE BOARD PRESIDENT AND THE HEAD OF SCHOOL. THE HEAD OF SCHOOL IS RESPONSIBLE FOR DETERMINING COMPENSATION AND BENEFITS FOR KEY EMPLOYEES OF THE SCHOOL. A SURVEY OF COMPENSATION AND BENEFITS CONDUCTED BY ISBOA, AND ORGANIZATION OF SCHOOLS IN THE BAY AREA, IS USED AS A BENCHMARK. THE HEAD OF SCHOOL, CFOO AND DIRECTOR OF HR USE BENCHMARKING TOOLS TO DETERMINE SALARIES/WAGES FOR STAFF LEVEL ROLES. THERE IS A FACULTY SCALE USED FOR ALL FACULTY BASED ON YEARS OF EXPERIENCE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC 6104(D).