WAVERLY SCHOOL: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- WAVERLY SCHOOL (EIN 95-4869859)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-09-11
- IRS object ID
- 202512549349300746
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-09-11T12:24:05-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1925 CENTURY PARK E 16TH FLOOR | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90067 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954869859 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE WAVERLY SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WAVE | BusinessNameControlTxt |
| Phone | 6267925940 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 67 WEST BELLEVUE DRIVE | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91105 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CLARKE WEATHERSPOON | PersonNm |
| Person Title | HEAD OF SCHOOL | PersonTitleTxt |
| Phone | 6267925940 | PhoneNum |
| Signature | 2025-09-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KAREN LO | PreparerPersonNm |
| PTIN | P02141262 | PTIN |
| Phone | 3102732501 | PhoneNum |
| Preparation | 2025-09-04 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CLARKE WEATHERSPOON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 67 WEST BELLEVUE DRIVE | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $11,474,503 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTPS://THEWAVERLYSCHOOL.ORG/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2009 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | TO EDUCATE CURIOUS, RESOURCEFUL, AND CONFIDENT LEARNERS FROM PRESCHOOL TO TWELFTH GRADE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 116 | TotalEmployeeCnt |
| Total Volunteers | 20 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,494,528 | PYContributionsGrantsAmt |
| CY Contributions Grants | $485,793 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $10,307,361 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $10,804,031 | CYProgramServiceRevenueAmt |
| PY Investment Income | $26,738 | PYInvestmentIncomeAmt |
| CY Investment Income | $119,561 | CYInvestmentIncomeAmt |
| PY Other Revenue | $34,742 | PYOtherRevenueAmt |
| CY Other Revenue | $6,079 | CYOtherRevenueAmt |
| PY Total Revenue | $14,863,369 | PYTotalRevenueAmt |
| CY Total Revenue | $11,415,464 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,084,135 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,630,045 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,336,439 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,709,770 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $309,236 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,461,258 | PYOtherExpensesAmt |
| CY Other Expenses | $2,773,785 | CYOtherExpensesAmt |
| PY Total Expenses | $10,881,832 | PYTotalExpensesAmt |
| CY Total Expenses | $12,113,600 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,981,537 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$698,136 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $19,783,720 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,542,402 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $12,831,512 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $12,288,330 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $6,952,208 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $6,254,072 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE WAVERLY SCHOOL IS A NONSECTARIAN, COEDUCATIONAL, COLLEGE PREPARATORY PROGRESSIVE DAY SCHOOL THAT SPANS PRESCHOOL THROUGH HIGH SCHOOL. IT IS FULLY ACCREDITED BY THE WESTERN ASSOCIATION OF SCHOOL AND COLLEGES AND THE CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS.THE SCHOOL PROMOTES CONFIDENT, CURIOUS, RESOURCEFUL LEARNERS WHO DEMONSTRATE INTELLECTUAL ENGAGEMENT, CRITICAL AND CREATIVE THINKING, RESPECT FOR INDIVIDUAL DIFFERENCES, AND A STRONG SENSE OF PERSONAL AND SOCIAL RESPONSIBILITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $10,791,229 | ExpenseAmt |
| Grant | $2,630,045 | GrantAmt |
| Revenue | $10,804,031 | RevenueAmt |
| Desc | THE WAVERLY SCHOOL IS A NON-PROFIT, EDUCATIONAL INSTITUTION, SERVING CHILDREN FROM PRESCHOOL THROUGH TWELFTH GRADE. THE CURRENT WHOLE SCHOOL ENROLLMENT IS 314 STUDENTS. FAMILIES WHO CHOSE THE WAVERLY SCHOOL COME FROM DIVERSE BACKGROUNDS IN TERMS OF THEIR ETHNICITY, CULTURE, SOCIOECONOMIC STATUS, PROFESSION AND EDUCATIONAL ATTAINMENT LEVEL. | Desc |
| Total Program Service Expenses | $10,791,229 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 34 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 116 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JULI KHOE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6267925940 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 67 W BELLEVUE DRIVE | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91105 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| SERITA YOUNG | |||||||
| CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JESSICA CLEMENTS | |||||||
| VICE CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOANNE TOLL | |||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| WENDY LOPATA | |||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANTHONY ALVARADO | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBBIE LENNON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ELIZABETH LAWRENCE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KESEH MORGAN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LORNE GREEN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL PINTO | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MONTI OLSON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NADINE TANIO | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NOAH MAYER | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| STEPHEN ROUNTREE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| VIJAY NATRAJ | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CLARKE WEATHERSPOON | |||||||
| HEAD OF SCHOOL | 50.00 | Yes (X) | $289,029 | $0 | $12,295 | ||
| JULI KHOE | |||||||
| DIRECTOR OF FINANCE AND OPERATIONS | 40.00 | Yes (X) | $148,689 | $0 | $19,823 | ||
| MOLLY GELLER | |||||||
| ELEMENTARY SCHOOL DIRECTOR | 40.00 | $137,650 | $0 | $60,184 | Yes (X) | ||
| AMY SLOBODA | |||||||
| MIDDLE SCHOOL DIRECTOR | 40.00 | $141,900 | $0 | $1,446 | Yes (X) | ||
| MARSILLE REED | |||||||
| DIRECTOR OF ENROLLMENT MANAGEMENT | 40.00 | $131,278 | $0 | $5,629 | Yes (X) | ||
| JACK ANDERSON | |||||||
| AFTERSCHOOL AND SUMMER CAMP | 40.00 | $121,525 | $0 | $12,275 | Yes (X) | ||
| JACK KNIGHT | |||||||
| TEACHER | 40.00 | $105,586 | $0 | $18,341 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,075,657 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $129,993 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAMMY'S JANITORIAL SERVICE | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 FAIRVIEW AVENUE 8 | AddressLine1Txt |
| City | ARCADIA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91007 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | JANITORIAL SERVICES | ServicesDesc |
| Compensation | $223,727 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $27,038 | FundraisingAmt |
| All Other Contributions | $458,755 | AllOtherContributionsAmt |
| Total Contributions | $485,793 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611600 | $10,006,668 | $10,006,668 |
| OTHER FEES | 611710 | $402,892 | $402,892 |
| AFTERSCHOOL PROGRAMS | 611710 | $280,717 | $280,717 |
| OTHER INSTRUCTIONAL PROGRAMS | 611710 | $101,483 | $101,483 |
| AUXILIARY INCOME | 611710 | $12,271 | $12,271 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $10,804,031 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $119,561 | TotalRevenueColumnAmt |
| Exclusion | $119,561 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $53,019 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $27,038 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $59,039 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$6,020 | TotalRevenueColumnAmt |
| Exclusion | -$6,020 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $12,099 | TotalRevenueColumnAmt |
| Exclusion | $12,099 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $12,099 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,415,464 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,804,031 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $125,640 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,630,045 | TotalAmt |
| Program Services | $2,630,045 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $502,962 | TotalAmt |
| Program Services | $262,580 | ProgramServicesAmt |
| Management And General | $207,560 | ManagementAndGeneralAmt |
| Fundraising | $32,822 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,065,513 | TotalAmt |
| Program Services | $4,788,463 | ProgramServicesAmt |
| Management And General | $109,999 | ManagementAndGeneralAmt |
| Fundraising | $167,051 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $148,970 | TotalAmt |
| Program Services | $144,372 | ProgramServicesAmt |
| Fundraising | $4,598 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $563,747 | TotalAmt |
| Program Services | $526,229 | ProgramServicesAmt |
| Management And General | $17,307 | ManagementAndGeneralAmt |
| Fundraising | $20,211 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $428,578 | TotalAmt |
| Program Services | $390,399 | ProgramServicesAmt |
| Management And General | $22,848 | ManagementAndGeneralAmt |
| Fundraising | $15,331 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $248,463 | TotalAmt |
| Management And General | $239,575 | ManagementAndGeneralAmt |
| Fundraising | $8,888 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,853 | TotalAmt |
| Management And General | $40,853 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262,356 | TotalAmt |
| Program Services | $244,610 | ProgramServicesAmt |
| Management And General | $10,620 | ManagementAndGeneralAmt |
| Fundraising | $7,126 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,665 | TotalAmt |
| Program Services | $68,012 | ProgramServicesAmt |
| Management And General | $3,982 | ManagementAndGeneralAmt |
| Fundraising | $2,671 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $360,566 | TotalAmt |
| Program Services | $348,266 | ProgramServicesAmt |
| Management And General | $7,361 | ManagementAndGeneralAmt |
| Fundraising | $4,939 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $200 | TotalAmt |
| Program Services | $182 | ProgramServicesAmt |
| Management And General | $11 | ManagementAndGeneralAmt |
| Fundraising | $7 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $303,164 | TotalAmt |
| Management And General | $303,164 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $335,355 | TotalAmt |
| Program Services | $305,481 | ProgramServicesAmt |
| Management And General | $17,878 | ManagementAndGeneralAmt |
| Fundraising | $11,996 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,383 | TotalAmt |
| Program Services | $62,291 | ProgramServicesAmt |
| Management And General | $3,646 | ManagementAndGeneralAmt |
| Fundraising | $2,446 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROGRAM EXPENSES | $506,591 | $506,591 | ||
| REPAIRS AND MAINTENANCE | $457,844 | $417,057 | $24,410 | $16,377 |
| PROFESSIONAL DEVELOPMEN | $54,381 | $49,537 | $2,899 | $1,945 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,964 | TotalAmt |
| Program Services | $47,114 | ProgramServicesAmt |
| Management And General | $1,022 | ManagementAndGeneralAmt |
| Fundraising | $12,828 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,113,600 | TotalAmt |
| Program Services | $10,791,229 | ProgramServicesAmt |
| Management And General | $1,013,135 | ManagementAndGeneralAmt |
| Fundraising | $309,236 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $330,620 | BOYAmt |
| EOY | $518,612 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,486,705 | BOYAmt |
| EOY | $5,111,547 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,600 | BOYAmt |
| EOY | $1,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $748 | BOYAmt |
| EOY | $65,103 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,203 | BOYAmt |
| EOY | $101,211 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $14,988,202 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,733,825 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,173,093 | BOYAmt |
| EOY | $12,254,377 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $704,751 | BOYAmt |
| EOY | $490,552 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,783,720 | BOYAmt |
| EOY | $18,542,402 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $590,899 | BOYAmt |
| EOY | $635,800 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,319,291 | BOYAmt |
| EOY | $3,148,521 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,226,782 | BOYAmt |
| EOY | $8,020,177 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $694,540 | BOYAmt |
| EOY | $483,832 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,831,512 | BOYAmt |
| EOY | $12,288,330 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,188,591 | BOYAmt |
| EOY | $4,829,738 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,763,617 | BOYAmt |
| EOY | $1,424,334 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,952,208 | BOYAmt |
| EOY | $6,254,072 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,783,720 | BOYAmt |
| EOY | $18,542,402 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$698,136 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,283,270 | OtherCostOrOtherBasisAmt |
| Book Value | $6,283,270 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,211,627 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,788,607 | DepreciationAmt |
| Book Value | $5,423,020 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $788,017 | OtherCostOrOtherBasisAmt |
| Depreciation | $475,974 | DepreciationAmt |
| Book Value | $312,043 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $617,929 | OtherCostOrOtherBasisAmt |
| Depreciation | $389,244 | DepreciationAmt |
| Book Value | $228,685 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $87,359 | OtherCostOrOtherBasisAmt |
| Depreciation | $80,000 | DepreciationAmt |
| Book Value | $7,359 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $12,254,377 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE LIABILITIES | Desc |
| Amt | $483,832 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $483,832 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $8,785,419 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | -$2,630,045 | OtherRevenueAmt |
| Revenue Not Reported | -$2,630,045 | RevenueNotReportedAmt |
| Revenue Subtotal | $11,415,464 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $11,415,464 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,483,555 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $9,483,555 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $2,630,045 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,630,045 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $12,113,600 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE SCHOOL IS A NONPROFIT CORPORATION DEFINED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(A) OF THE CODE. THE SCHOOL IS ALSO EXEMPT FROM STATE INCOME TAXATION UNDER 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. U.S. GAAP PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES ALL OF THE POSITIONS TAKEN BY THE SCHOOL ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | TUITION ASSISTANCE -2,630,045. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | TUITION ASSISTANCE 2,630,045. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE WAVERLY SCHOOL CELEBRATES DIVERSITY AND FOSTERS AN ATMOSPHERE OF MUTUAL RESPECT. THE SCHOOL SEEKS TO REFLECT THE DIVERSE RACIAL, ETHNIC, SOCIAL AND ECONOMIC BACKGROUNDS OF OUR COMMUNITY THROUGHOUT ALL THREE SCHOOLS. FAMILIES WHO CHOOSE THE WAVERLY SCHOOL FOR THEIR CHILDREN COME FROM DIVERSE BACKGROUNDS PROFESSIONALLY, ACADEMICALLY, SOCIALLY, ECONOMICALLY, RACIALLY AND ETHNICALLY. THE STUDENT NON-DISCRIMINATORY POLICY IS PUBLISHED IN OUR ADMISSIONS MATERIALS AND ON OUR WEB SITE. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | JOGATHON | Event1Nm |
| Gross Receipts Event1 | $29,770 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $27,038 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $2,732 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $2,410 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $938 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $1,479 | OtherDirectExpensesEvent1Amt |
| Event2 | FUNDRAISING (PIZZA) | Event2Nm |
| Gross Receipts Event2 | $30,320 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $30,320 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $28,521 | FoodAndBeverageEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $19,967 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $19,967 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $25,691 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $80,057 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $27,038 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $53,019 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $30,931 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $938 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $27,170 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $59,039 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$6,020 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FLEXIBLE TUITION | GrantTypeTxt |
| Recipient | 129 | RecipientCnt |
| Cash Grant | $2,630,045 | CashGrantAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | DIRECT CREDIT APPLIED TO STUDENT ACCOUNTS | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | CONSISTENT WITH OUR MISSION, WAVERLY'S COMMUNITY IS SOCIOECONOMICALLY DIVERSE. A FULL THIRD OF OUR STUDENTS RECEIVE TUITION ASSISTANCE. WE ARE COMMITTED TO THESE STUDENTS AND THEIR FAMILIES, WHO ARE A VITAL PART OF OUR COMMUNITY. TUITION ASSISTANCE IS AWARDED ON THE BASIS OF PROVEN NEED AND THE AVAILABILITY OF FUNDS. ADMISSIONS DECISIONS ARE NEED-BLIND. TUITION ASSISTANCE APPLICATIONS ARE DUE NO LATER THAN FEBRUARY 1ST OF EACH YEAR IN ORDER TO BE CONSIDERED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CLARKE WEATHERSPOON | ||||||||||||||
| HEAD OF SCHOOL | $265,929 | $0 | $2,100 | $0 | $21,000 | $0 | $5,755 | $0 | $6,540 | $0 | $301,324 | $0 | $0 | $0 |
| MOLLY GELLER | ||||||||||||||
| ELEMENTARY SCHOOL DIRECTOR | $135,550 | $0 | $2,100 | $0 | $0 | $0 | $9,480 | $0 | $50,704 | $0 | $197,834 | $0 | $0 | $0 |
| JULI KHOE | ||||||||||||||
| DIRECTOR OF FINANCE AND OPERATIONS | $146,589 | $0 | $2,100 | $0 | $0 | $0 | $10,605 | $0 | $9,218 | $0 | $168,512 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | DURING 2023, CLARKE WEATHERSPOON, THE HEAD OF SCHOOL, RECEIVED HOUSING ALLOWANCE OF $21,000. ALL EMPLOYEES OF THE SCHOOL RECEIVED BONUS OF $2,100 DURING 2023. | ExplanationTxt |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $127,114 | CashGrantAmt |
| Type Of Assistance | TUITION ASSISTANCE | TypeOfAssistanceTxt |
| Assistance Purpose | TUITION ASSISTANCE | AssistancePurposeTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE EXERCISES ALL OF THE AUTHORITY OF THE BOARD BETWEEN MEETINGS OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE CHAIR, THE VICE CHAIR (IF ELECTED), THE TREASURER, THE SECRETARY, AND UP TO FIVE AT-LARGE MEMBERS OF THE BOARD, APPOINTED BY THE CHAIR. THE CHAIR SHALL SERVE AS THE CHAIR OF THE EXECUTIVE COMMITTEE. THE BOARD MY DELEGATE TO THE EXECUTIVE COMMITTEE ANY OF THE POWERS OF THE BOARD SO THAT EXECUTIVE COMMITTEE MAY: 1) ACT ON BEHALF OF THE BOARD BETWEEN MEETINGS; 2) ADVISE THE HEAD OF SCHOOL ; AND 3) ACT AS A LIASION BETWEEN THE HEAD OF SCHOOL AND THE BOARD, EXCEPT THAT THE BOARD MAY NOT DELEGATE TO THE EXECUTIVE COMMITTEE ANY POWERS THAT MAY NOT BE DELEGATED BY LAW, THESE BY-LAWS, OR THE ARTICLES OF INCORPOARTION, INCLUDING, BUT NOT LIMITED TO THE POWER TO: A) ELECT OR REMOVE TRUSTEES; B) AMEND OR REPEAL THESE BY-LAWS; C) ELECT OR REMOVE THE CHAIR, TREASURER, OR SECRETARY AS OFFICERS; D) APPOINT COMMITTEES OF THE BOARD OR MEMBERS THEREOF; E) APPROVE ANY TRANSACTION TO WHICH THE CORPORTATION IS A PART AND IN WHICH ONE OR MORE OF THE TRUSTEES HAS A MATERIAL FINANCIAL INTEREST UNLESS ONE OR MORE EXCEPTIONS APPLY BY LAW; F) APPOINT OR REMOVE THE HEAD OF SCHOOL; G) ALTER THE MISSION OR PURPOSE OF THE CORPORATION; H) SELL OR PURCHASE PROPERTY; OR I) TAKE ANY ACTION THAT MUST BE TAKEN BY A SUPERMAJORITY OR UNANIMOUS VOTE OF THE BOARD BY LAW, THESE BY-LAWS, OR THE ARTICES OF INCORPORATION. THE EXECUTIVE COMMITTEE SHALL MEET AT THE DISCRETION OF THE CHAIR, AND THE MEMBERS OF THE EXECUTIVE COMMITTEE MAY DETERMINE THE MANNER OF CONDUCTING COMMITTEE BUSINESS. A QUORUM FOR THE TRANSACTION OF BUSINESS SHALL CONSIST OF THREE MEMBERS OF THE EXECUTIVE COMMITTEE. ALL EXECUTIVE COMMITTEE ACTIONS MUST BE APPROVED BY AN AFFIRMATIVE VOTE OF A MAJORITY OF ALL EXECUTIVE MEMBERS PRESENT AT AN EXECUTIVE COMMITTEE MEETING, PROVIDED THAT A QUORUM OF EXECUTIVE COMMITTEE MEMEBERS IS INITIALLY PRESENT AT THE MEETING. IN NO EVENT MAY ANY BUSINESS BE TRANSACTED THAT IS NOT APPROVED BY AT LEAST MAJORITY OF THE EXECUTIVE COMMITTEE MEMBERS REQUIRED TO CONSTITUTE A QUORUM. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE BOARD'S TREASURER IS RESPONSIBLE FOR REVIEWING THE DRAFT INFORMATION RETURNS WITH THE HEAD OF SCHOOL AND THE PREPARER PRIOR TO FILING. A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS BEFORE FILING. THE FINANCE COMMITTEE REVIEWS THE RETURN IN DETAIL AT ITS NEXT REGULARLY SCHEDULED MEETING, EITHER BEFORE OR AFTER FILING. THE HEAD OF SCHOOL SIGNS THE FORM 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | THIS CONFLICTS OF INTEREST POLICY SHALL BE REVIEWED BY, AND A CONFLICTS OF INTEREST DISCLOSURE STATEMENT COMPLETED BY, EVERY TRUSTEE AND OFFICER ON AN ANNUAL BASIS. EACH COMPLETED DISCLOSURE STATEMENT SHALL THEN BE REVIEWED ANNUALLY BY THE BOARD. THE BOARD SHALL DETERMINE, IF ANY CONFLICT OF INTEREST THAT HAS BEEN DISCLOSED, EITHER IN THE CONFLICTS OF INTEREST DISCLOSURE STATEMENT OR AT ANY OTHER TIME PURSUANT TO THE CONFLICTS OF INTEREST POLICY, REQUIRES FURTHER BOARD ACTION BEYOND MERE DISCLOSURE TO THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE HEAD OF SCHOOL'S (CHIEF EXECUTIVE) COMPENSATION WAS DETERMINED BY A REVIEW OF THE BOARD'S COMPENSATION COMMITTEE. THE MEMBERS OF THE COMMITTEE WERE FREE OF CONFLICTS OF INTEREST AND MET THE IRC REQUIREMENTS. THE HEAD OF SCHOOL WAS NOT A MEMBER OF THE COMMITTEE AND WAS NOT PRESENT FOR ANY OF THE COMMITTEE DISCUSSIONS. THE REVIEW WAS DONE USING COMPARABILITY DATA FOR SIMILAR ORGANIZATIONS. THIS DATA WAS COMPRISED OF COMPENSATION INFORMATION OBTAINED VIA REVIEW OF PUBLICLY AVAILABLE DOCUMENTS FOR HEADS OF SCHOOL FOR NON-PROFIT SCHOOLS IN THE SAN GABRIEL VALLEY AND ADJACENT LOCATIONS IN THE SAN FERNANDO VALLEY. THE RECOMMENDATIONS OF THE COMPENSATION COMMITTEE WERE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS IN AN EXECUTIVE SESSION WHICH EXCLUDED THE HEAD OF SCHOOL. THE HEAD OF SCHOOL WAS NOT PRESENT FOR DELIBERATIONS OR FOR THE VOTE. CONTEMPORANEOUS DOCUMENTATION OF THE DELIBERATION AND DECISION WAS MAINTAINED AS PART OF THE BOARD'S MINUTES OF ITS EXECUTIVE SESSION. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND TAX RETURNS ARE AVAILABLE UPON REQUEST AT THE SCHOOL DURING NORMAL BUSINESS HOURS. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. |
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