2020-04-30T22:38:26-05:00 2019-06-30 946214841 ARMANINO LLP 12657 ALCOSTA BLVD STE 500 SAN RAMON CA 945834600 990 2018-07-01 941156256 KATHERINE DELMAR BURKE SCHOOL KATH 4157510177 7070 CALIFORNIA STREET SAN FRANCISCO CA 94121 KATY BROWN DFO 4154326200 2020-04-29 1 KATY BROWN P00650274 9257902600 2020-04-29 34.104.2.30 2020-04-29 16:08:38 PD P 13B2AB0B74E7484D91F0A36CC18F0B99B2726462 9154AA2191762ADA9DAFEA021CD28A6E95EEC578 2018 2020-09-23 17:36:50Z RON BANNERMAN 7070 CALIFORNIA STREET SAN FRANCISCO CA 94121 56262317 0 X WWW.KDBS.ORG X 1945 CA EDUCATIONAL SERVICES FOR GIRLS AND YOUNG WOMEN. 27 27 145 150 0 0 10497708 6447105 13465713 14429750 967454 1396392 40511 0 24971386 22273247 1627967 1699713 0 0 9427125 9993989 0 0 1308316 4924455 5813384 15979547 17507086 8991839 4766161 67756274 70187205 21771978 19800811 45984296 50386394 TO EDUCATE, ENCOURAGE AND EMPOWER GIRLS. OUR SCHOOL COMBINES ACADEMIC EXCELLENCE WITH AN APPRECIATION FOR CHILDHOOD SO THAT STUDENTS THRIVE AS LEARNERS, DEVELOP A STRONG SENSE OF SELF, CONTRIBUTE TO COMMUNITY, AND FULFILL THEIR POTENTIAL, NOW AND THROUGHOUT LIFE. 0 0 13938141 1699713 14429750 EDUCATIONAL SERVICES FOR GIRLS AND YOUNG WOMEN IN KINDERGARTEN THROUGH EIGHTH GRADE, WITH AN ANNUAL ENROLLMENT OF 400 STUDENTS. 13938141 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 65 0 1 145 1 0 0 0 0 0 1 1 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X RON BANNERMAN DFO 4157510177 7070 CALIFORNIA STREET SAN FRANCISCO CA 94121 NEL ELLWEIN PRESIDENT 15.00 X X 0 0 0 KIMBERLY FULLERTON VICE PRESIDENT 15.00 X X 0 0 0 ADRIAN DOLLARD SECRETARY 15.00 X X 0 0 0 JOHN WALCOTT TREASURER 15.00 X X 0 0 0 STEPHANIE BAILEY TRUSTEE 15.00 X 0 0 0 VENK REDDY TRUSTEE 5.00 X 0 0 0 ANNIE ROBINSON WOODS TRUSTEE 5.00 X 0 0 0 CLARA ABECASSIS TRUSTEE 5.00 X 0 0 0 LEITH BROOKS BARRY TRUSTEE 5.00 X 0 0 0 AMBI BOWO TRUSTEE 5.00 X 0 0 0 COLBY CLARK TRUSTEE 5.00 X 0 0 0 ABHIJIT DUBEY TRUSTEE 5.00 X 0 0 0 BREWSTER ELY TRUSTEE 5.00 X 0 0 0 JONATHAN FELDMAN TRUSTEE 5.00 X 0 0 0 CAROLYN JASIK TRUSTEE 5.00 X 0 0 0 SCOTT JORDON TRUSTEE 5.00 X 0 0 0 GABRIELLE KIVITZ TRUSTEE 5.00 X 0 0 0 JENNIFER MCCLANAHAN FLINT TRUSTEE 5.00 X 0 0 0 KATIE PAIGE TRUSTEE 5.00 X 0 0 0 EZRA PERLMAN TRUSTEE 5.00 X 0 0 0 MATTHEW PERRY TRUSTEE 5.00 X 0 0 0 TOD SACERDOTI TRUSTEE 5.00 X 0 0 0 CATARINA SCHWAB TRUSTEE 5.00 X 0 0 0 VIC SHER TRUSTEE 5.00 X 0 0 0 YVO SMIT TRUSTEE 5.00 X 0 0 0 GEORGE VIDALAKIS TRUSTEE 5.00 X 0 0 0 VICKY PRADHAN TRUSTEE 5.00 X 0 0 0 MICHELE WILLIAMS HEAD OF SCHOOL 40.00 X 488787 0 25462 RONALD BANNERMAN DIRECTOR OF FINANCE/OPERATIONS 40.00 X 222133 0 26250 SELENA SHADLE DIRECTOR OF ADVANCEMENT 40.00 X 178690 0 19421 REBECCA WOLMAN DIRECTOR, UPPER SCHOOL 40.00 X 177504 0 9353 ALICE MOORE DIRECTOR, LOWER SCHOOL 40.00 X 163614 0 22536 MICHAEL MATTHEWS DIRECTOR OF CURRICULUM & PROGRAM INNOVATION 40.00 X 134100 0 15842 PHILIP S KING DIRECTOR OF TECHNOLOGY 40.00 X 122090 0 20721 1486918 0 139585 22 0 1 0 PLANT CONSTRUCTION COMPANY LP 300 NEWHALL STREET SAN FRANCISCO CA 94124 L. S. CONSTRUCTION PROJECT 4197554 ACRE GOURMET INC PO BOX 29116 SAN FRANCISCO CA 94129 LUNCHES AND SPECIAL EVENTS 906848 HINES BUILDING MAINTENANCE 91 LOST LAKE LANE CAMPBELL CA 95008 BUILDING MAINTENANCE 363179 EHDD PIER 1 THE EMBARCADERO BAY 2 SAN FRANCISCO CA 94111 BUILDING ARCHITECTS 256003 KITCHENS TO GO 131 W JEFFERSON AVE SUITE 223 NAPERVILLE IL 60540 PORTABLE KITCHENS 135583 8 373852 6073253 1287135 6447105 TUITION AND FEES 611110 13877360 13877360 AUXILLARY SERVICES 611110 552390 552390 14429750 1016498 1016498 34159493 33779599 379894 379894 379894 209471 373852 209471 0 22273247 14429750 0 1396392 1699713 1699713 1415778 450832 576436 388510 6713103 5718660 653903 340540 279079 231647 31790 15642 1012216 774990 159222 78004 573813 457667 73246 42900 55257 55257 114764 114764 105122 105122 87456 59745 23339 4372 60523 54471 3026 3026 153303 142572 8584 2147 319542 297174 17894 4474 1067252 992544 59766 14942 165261 153693 9254 2314 OTHER 1227463 702606 156864 367993 SCHOOL LUNCH PROGAM 659683 659683 ACTIVITIES 640303 640303 ADMINISTRATIVE 603610 471769 118443 13398 553845 430072 93719 30054 17507086 13938141 2260629 1308316 5164899 6088814 16041712 6887076 3781073 2529795 5719497 130113 330133 258070 40983111 14010432 17373122 26972679 14213963 27320658 3097127 2034748 67756274 70187205 1708217 3502114 12268218 6937893 6843000 6573166 952543 2787638 21771978 19800811 X 33643674 42454141 8955507 3408205 3385115 4524048 45984296 50386394 67756274 70187205 X 4766161 6357 -370420 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19235431 1338934 1021713 690000 20906078 16382037 2221795 1131599 500000 19235431 14484469 559374 1838194 500000 16382037 15120029 329641 -465201 500000 14484469 15091033 228959 200037 400000 15120029 0.62000 0.18000 0.20000 0 0 1443556 1443556 35837819 12073578 23764241 3555885 1791003 1764882 145851 145851 0 26972679 SWAP AGREEMENT PAYABLE 1149064 CAPITAL LEASE OBLIGATION 38574 CONSTRUCTION BRIDGE LOAN 1600000 2787638 X 20026670 6357 -2049130 -2042773 22069443 105122 98682 203804 22273247 15624572 0 15624572 105122 1777392 1882514 17507086 PART V, LINE 4: THE SCHOOL INTENDS TO USE ITS ENDOWMENT EARNINGS TO SUPPORT ITS PROGRAMS. BURKE'S STRATEGIC PLAN, AVAILABLE ON ITS WEB SITE, AS ITS FIRST GOAL STATES: "BURKE'S WILL BUILD AN INNOVATIVE AND TRANSFORMATIVE EDUCATIONAL ENVIRONMENT SO THAT STUDENTS THRIVE AS LEARNERS, DEVELOP A STRONG SENSE OF SELF, CONTRIBUTE TO COMMUNITY AND FULFILL THEIR POTENTIAL." IT CONTINUES: "BURKE'S WILL ENHANCE SOCIAL/EMOTIONAL, MULTICULTURAL AND SERVICE LEARNING CURRICULUMS THAT CELEBRATE AND DEVELOP EACH GIRL'S SENSE OF SELF AND PLACE IN THE BURKE'S COMMUNITY AND IN THE WORLD BEYOND THE GATES OF THE SCHOOL. BURKE'S WILL CREATE A DIVERSITY TASK FORCE TO RESEARCH AND DEVELOP A THREE-PRONGED APPROACH OF RECRUITMENT, ENROLLMENT, AND INCLUSION TO ENSURE THAT THE SCHOOL CONTINUES TO REFLECT THE RICH DIVERSITY OF THE BAY AREA IN THE STUDENT BODY, FACULTY AND STAFF." PART X, LINE 2: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL AND CALIFORNIA INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE THE TAX POSITION TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE SCHOOL HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITION TAKEN AND HAS CONLUDED THAT AS OF JUNE 30, 2019, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A TAX LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -1,699,713. NET UNREALIZED GAIN ON INTEREST RATE SWAP AGREEMENT -271,738. PARENTS ASSOCIATION EXPENSES -77,679. PART XI, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT ALLOWANCE 98,682. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,699,713. PARENTS ASSOCIATION EXPENSES 77,679. 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 NOTICE OF NON-DISCRIMINATION POLICY TO STUDENTS IS PUBLISHED ON AN ANNUAL BASIS IN THE LARGEST NEWSPAPER FOR THE GEOGRAPHIC AREA SERVED BY THE SCHOOL. FOR THE CURRENT YEAR IT WAS PUBLISHED IN THE SAN FRANCISCO CHRONICLE ON MAY 29, 2019. THE NOTICE WAS ALSO UPDATED IN THE SCHOOL'S FAMILY HANDBOOK ON DECEMBER 5, 2019. AUCTION 469487 373852 95635 50454 9700 54958 FESTIVAL 113836 0 113836 4150 2498 87711 583323 373852 209471 4150 52952 9700 142669 209471 0 1 FINANCIAL ASSISTANCE 82 1699713 FMV DIRECT CREDIT TO STUDENT ACCOUNT PART I, LINE 2: KATHERINE DELMAR BURKE SCHOOL OFFERS NEED-BASED FINANCIAL ASSISTANCE. NEED-BASED FINANCIAL ASSISTANCE IS THE DIFFERENCE BETWEEN A FAMILY'S RESOURCES AND THE COST OF A STUDENT'S EDUCATIONAL EXPENSES. BURKE'S AND OTHER INDEPENDENT SCHOOLS USE THE PARENTS' FINANCIAL STATEMENT (PFS) FROM THE TADS (TUITION AID DATA SERVICES) TO PERFORM A STANDARDIZED CALCULATION TO DETERMINE NEED. RECORDS ARE MAINTAINED ON ALL FINANCIAL ASSISTANCE APPLICATIONS AND FUNDS AWARDED TO STUDENTS. X 1 1 X X X X X X 0 1 0 0 0 0 0 1 0 MICHELE WILLIAMS HEAD OF SCHOOL 286849 0 10000 0 191938 0 13750 0 11712 0 514249 0 0 0 RONALD BANNERMAN DIRECTOR OF FINANCE/OPERATIONS 222133 0 0 0 0 0 11220 0 15030 0 248383 0 0 0 SELENA SHADLE DIRECTOR OF ADVANCEMENT 178690 0 0 0 0 0 9282 0 10139 0 198111 0 0 0 REBECCA WOLMAN DIRECTOR, UPPER SCHOOL 177504 0 0 0 0 0 9053 0 300 0 186857 0 0 0 ALICE MOORE DIRECTOR, LOWER SCHOOL 163614 0 0 0 0 0 8874 0 13662 0 186150 0 0 0 PART I, LINE 1A THE SCHOOL HAS A HOUSE SPECIFICALLY FOR THE PURPOSE OF PROVIDING HOUSING FOR THE HEAD OF SCHOOL. THE HEAD OF SCHOOL IS REQUIRED TO USE THIS HOUSE SCHOOL. HER PERSONAL USE OF THE PROPERTY IS REPORTED AS TAXABLE INCOME EACH FOR ENTERTAINING BOARD MEMBERS, EMPLOYEES, ALUMNI, AND DONORS OF THE YEAR BASED ON AN ANNUAL ASSESSMENT OF THE PROPERTY'S FAIR MARKET VALUE. PART I, LINE 7 BASED ON A CONTRACTUAL AMOUNT UP TO $10,000 BASED ON PERFORMANCE AS DETERMINED BY THE BOARD OF TRUSTEES. PART I, LINE 4B: THE HEAD OF SCHOOL PARTICIPATED IN A NON-QUALIFIED RETIREMENT PLAN AND $8,700 OF DEFERRED COMPENSATION WAS ACCRUED DURING THE 2018 CALENDAR YEAR. A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 13067RBD4 2010-11-17 10185000 SEE BELOW 0 0 0 A 3415798 10118798 118798 10000000 2010 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 0 1 JPMORGAN CHASE BANK NA 27.000000000000 0 0 0 0 0 SCHEDULE K, PART I, DESCRIPTION OF PURPOSE: REFINANCE AND REFUNDING OF PREVIOUS ISSUE FOR THE CONSTRUCTION AND ACQUISTION OF EDUCATIONAL FACILITIES, IMPROVEMENTS, AND EQUIPMENT. X 15 1287135 FMV 0 1 0 PART I, COLUMN (B): THE NUMBER REPORTED IS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE DIRECTOR OF FINANCE AND OPERATIONS AND THE CONTROLLER FOWARD A COMPLETE COPY OF THE FORM 990 TO THE TREASURER OF THE BOARD OF TRUSTEES AND THE HEAD OF SCHOOL FOR THEIR REVIEW PRIOR TO FILING. ANY QUESTIONS ARE ADDRESSED BY THE DIRECTOR OF FINANCE AND OPERATIONS, THE CONTROLLER, AND/OR THE ACCOUNTING FIRM. EACH TRUSTEE IS THEN PROVIDED A REVIEWED FORM 990 WITHOUT SCHEDULE B FOR THE PROTECTION OF DONOR CONFIDENTIALITY. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE SCHOOL'S CONFILICT OF INTEREST POLICY IS MONITORED AND REVIEWED BY THE BOARD OF TRUSTEES. THE POLICY IS APPLIED TO ALL TRUSTEES AND EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION TO THE HEAD OF SCHOOL AND OTHER KEY MANAGEMENT EMPLOYEES IS BENCHMARKED TO OTHER K-8 INDEPENDENT SCHOOLS OF SIMILAR SIZE IN THE SAN FRANCISCO BAY AREA. DATA IS USED FROM THREE SOURCES: (1) FEDERAL FORM 990 (2) STATISTICS FROM NAIS (NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS) (3) STATISTICS FROM ISBOA (INDEPENDENT SCHOOLS BUSINESS OFFICERS ASSOCIATION). THE BOARD PERFORMS A FORMAL ASSESSMENT OF THE HEAD'S PERFORMANCE ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FORM 990 (PUBLIC VERSION) AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: NET UNREALIZED GAINS ON SWAP AGREEMENT -271,738. BAD DEBT ALLOWANCE -98,682. FORM 990, PART XII, LINE 2C: THERE IS NO CHANGE IN THE PROCESS FROM PRIOR YEARS.