2020-06-23T14:13:07-05:00 2019-06-30 363990892 Capin Crouse LLP 3050 Saturn Street Suite 104 Brea CA 92821 990 2018-07-01 954656912 Oaks Christian School OAKS 8185759900 31749 La Tienda Drive Westlake Village CA 91362 Kris Thabit Chief Financial Officer 8185759900 2020-06-23 1 Ted R Batson Jr P00721951 7145770988 139.146.132.42 2020-06-23 15:12:58 ED P 75F19D5050521AE02F3F91AA310241EA5EA6A259 BD0641AE4B86ED490E133E904776F127F97E8BAE 2018 2020-11-19 02:30:22Z Robert Black 31749 La Tienda Drive Westlake Village CA 91362 53153000 0 X www.oakschristian.org X 1997 CA To dedicate ourselves to Christ in the pursuit of academic excellence. 15 15 505 670 -517020 -517020 2696766 2710683 47353443 48593721 823137 731031 -665312 -700617 50208034 51334818 10599355 10926345 0 0 22429107 24584307 0 0 1652233 17571396 16892216 50599858 52402868 -391824 -1068050 121578163 133608010 52965606 69240376 68612557 64367634 X The school's mission is: To dedicate ourselves to Christ in the pursuit of academic excellence, artistic expression, and athletic distinction while growing in knowledge and wisdom through God's abundant grace. 0 0 41935815 10926345 44468025 Primary Education ProgramOaks Christian School (OCS) is an independent, non-denominational, Christian college-preparatory school serving students in 5th through 12th grade. The school was founded in 1997 and opened in 2000 with 196 students sharing one campus. Currently, OCS enrolls over 1,300 students annually. A middle school campus adjacent to the original campus was added in 2009. The original campus is now a separate high school campus. This addition enabled the school to increase its ability to serve a growing student population with the best facilities available. For the fiscal year that ended on June 30, 2019 the school enrollment was 1,330.The school's three pillars are Academic Excellence, Artistic Expression, and Athletic Distinction. These distinctives are evidenced through strong academics, performing and visual arts (theatre, choir, band, orchestra, dance, 2D and 3D art, photography, graphic design and yearbook) as well as competitive athletic team participation. Academically, an impressive 98% of the class of 2019 graduates are attending college or university, often to highly selective top-tier schools. In the school year 18-19, the school's HS Speech & Debate team won first place at the California Lutheran Debate Tournament; the Engineering and Physics class students joined their first solar cup race and garnered a few awards including 1st Place Rookie Contestant; Aerospace Engineering students witnessed their first rocket launch near Vandenberg Air Force Base in Lompoc, CA. The performing arts deparmtent illuminated this year the human condition through drama, music, dance, and voice through several play and musical productions like the Shakespeare's classic Twelfth Night, annual Christmas concerts, All-School Dance Production and middle school and high school musicals Chitty, Chitty, Bang, Bang and Sister Act. In athletics, the school has won several League championships and and 1st place rankings such as 8th Grade Girls Volleyball Tri-Valley Christian Athletic League; Swimming 1st place in Boys 25 freestyle; Boys Lacrosse Junior High Delphic League Champions; and Track & Field 1st place in 200m dash among many others. The Spiritual Life program includes student retreats, chapel time, mission trips abroad, local community service opportunities, and Bible classes. Other student activities include mock trial, TEDx, speech and debate, rocketry, film, and entrepreneurial classes. 1954924 3427362 Student Programs and ActivitiesThe school's added student programs and activities include performing arts events as well as visual arts displays, athletic competitions, spiritual life/mission trip opportunities, college counseling trips, test preparation, Photography class location trips and numerous club, social and extra-curricular activities.OCS students have amazing opportunities to participate in school mission trips both domestic and internationally. Each year approximately 200 students join these trips to help teach English, build houses or other structures, visit orphanages and share the gospel. In the past, middle school students have traveled to Costa Rica, China and Mexico while high school students have traveled to China, Guatemala, Africa, Haiti, Mexico, Romania and elsewhere. The school has a Learning Center which provides academic tutoring and test preparation assistance to both OCS students and students from other schools. The Learning Center also includes a Brain Performance Center. The International Student Program (ISP) has been expanding in the past five years and has hosted over 100 students from Korea, China, Macau, Taiwan, Uganda, Norway and Colombia. 773388 767880 Auxiliary ProgramsAuxiliary programs include summer sport camps (with an enrollment of close to 1,000), parent-run Booster Club, parent-run Oaks Performing Art Society (OPAS), Busing transportation, a middle school cafeteria, a high school cafeteria, and campus store services. The Booster Club provides support to our student- athletes and teams while OPAS provides support to the school's performing arts activities through volunteer hours as well as financial donations. 44664127 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 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 1 0 0 0 0 1 159 0 1 505 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Amy O'Friel 8185759900 31749 La Tienda Drive Westlake Village CA 91362 William Dallas Chairperson 1.00 X X 0 0 0 Michelle Hiepler Secretary/Vice Chair 1.00 X X 0 0 0 Edward Atsinger Board Member 1.00 X 0 0 0 John Batiste Board Member 1.00 X 0 0 0 Sharon Beard Board Member 1.00 X 0 0 0 Jeffrey Bjork Board Member 1.00 X 0 0 0 Shelene Bryan Board Member 1.00 X 0 0 0 Bill Crockett Board Member 1.00 X 0 0 0 Vince Daly Board Member 1.00 X 0 0 0 John Davies Board Member 1.00 X 0 0 0 Brian Matthews Board Member 1.00 X 0 0 0 Dallas Price-Van Breda Founder 1.00 X 0 0 0 Terry Roberts Board Member 1.00 X 0 0 0 Kyle Stanich Board Member 1.00 X 0 0 0 Allyson Weinberg Board Member 1.00 X 0 0 0 Robert Black Head of School/President 40.00 X 333555 0 30139 Michael Parkinson Chief Operations Officer 40.00 X 221078 0 90316 Kristin Thabit - Treasurer Director Special Projects 30.00 X 117354 0 15425 Liz Carey - Asst Treasurer VP Finance & Accounting 40.00 X 171067 0 43636 Matthew Northrop Associate Head of School for Academics 40.00 X 236417 0 34782 Frances Coyle High School Principal 40.00 X 145300 0 7942 David Garett Freeman Middle School Principal 40.00 X 140773 0 30082 Jan Hethcock High School Athletics Director 40.00 X 139717 0 10122 John Kocur Program Director of Aquatics 40.00 X 137715 0 6952 Jason McMaster Associate HOS - Acad., Arts & Strat. Devel. (Former) 40.00 X 168455 0 43105 1811431 0 312501 40 1 1 0 PBJ Facility Solutions Ltd 2418 Leaflock Avenue Westlake Village CA 91361 Facility management services 1040091 Carrier Johnson Inc 185 W F Street Ste 500 San Diego CA 92101 Architect/design services 483624 Wesely Thomas Enterprises Inc 4580 E Thousand Oaks Blvd Ste 200 Westlake Village CA 91362 Construction contractor services 389560 Custom Janitorial Maintenance PO Box 269 Port Hueneme CA 93044 Janitorial services 368424 Tumbleweed Transportation PO Box 49291 Los Angeles CA 90049 Busing Services 304425 12 1281289 1429394 388473 2710683 Tuition & Fees 611710 44468025 44468025 Student programs/activ 611710 3427362 3427362 Auxiliary programs 611710 698334 698334 48593721 724781 724781 503487 987922 -484435 -484435 -517020 32585 40622 6250 40622 0 0 6250 6250 6250 271314 1281289 710755 -439441 -439441 148429 78883 69546 69546 Insurance Claim 900099 94917 94917 Workers Comp Refund 900099 19896 19896 38900 38900 153713 51334818 48663267 -517020 477888 10926345 10926345 1052203 823875 185503 42825 19484830 15257564 3434334 792932 654679 512646 115391 26642 1813398 1419979 319623 73796 1579197 1236584 278347 64266 68016 27206 37409 3401 68581 27852 37247 3482 1120060 1045222 52013 22825 433032 126399 306633 271840 108736 149512 13592 517560 207024 284658 25878 3720842 3419911 222199 78732 857642 770998 34829 51815 28166 9259 14196 4711 900915 834928 47268 18719 4068935 3807391 179142 82402 525137 210055 288825 26257 Student Programs 1954924 1954924 Other Auxiliary Expense 773388 773388 Athletics 568777 568777 Other Admin Expenses 530061 237123 279613 13325 484340 484340 52402868 44664127 6086508 1652233 X 2788093 17459154 14112269 275562 109858 1051439 9000 50942 56470 1394529 983641 136292203 51733655 75841336 84558548 26926754 28876289 354382 337907 121578163 133608010 6641923 11413773 16221721 18129149 24446648 35587014 5010590 0 644724 4110440 52965606 69240376 X 66402521 61889911 2210036 2477723 68612557 64367634 121578163 133608010 X -1068050 1257936 -4434809 X X 0 1 X 1 0 X 3356429 4456141 2797583 2696766 2710683 16017602 3356429 4456141 2797583 2696766 2710683 16017602 920163 15097439 1450196 1945638 1720852 1490760 1228268 7835714 286290 252415 467102 341773 425027 1772607 25625923 231897177 0.58910 0.58890 X Schedule A, Part II, Line 10, Explanation of Other Income: Other Income - 2015 Amount: $ 34,000. 2016 Amount: $ 76,215. 2017 Amount: $ 42,484. 2018 Amount: $ 153,713. Fundraising event fees - 2014 Amount: $ 241,690. 2015 Amount: $ 178,815. 2016 Amount: $ 373,167. 2017 Amount: $ 299,289. 2018 Amount: $ 271,314. Gaming income - 2014 Amount: $ 44,600. 2015 Amount: $ 39,600. 2016 Amount: $ 17,720. Schedule A, Part II: The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 693218 11100 46778 751096 621489 10000 61729 693218 523444 22000 76045 621489 240566 279690 3188 523444 230201 8350 2016 240566 0.26620 0.73380 0 0 8554795 8554795 75082632 30040370 45042262 18321482 5888445 12433037 20468427 15279653 5188774 13864867 525187 13339680 84558548 Interest Rate Swap Agreement 4110440 4110440 43443969 1257936 -10926345 -9668409 53112378 -1777560 -1777560 51334818 43254083 1777560 1777560 41476523 10926345 10926345 52402868 Part V, Line 4: The Unrestricted General Endowment will be used as board policy dictates and includes Financial Aid awards and Capital Improvements among other things. Form 990, Schedule D, Part V, Lines 2a-2c: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 06/30/2019. To date, Schedule D has not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions Part XI, Line 2d - Other Adjustments: Student Financial Aid -10,926,345. Part XI, Line 4b - Other Adjustments: Fundraising Events Expenses Reported on Form 990, Part VIII -710,755. Rental Expenses Reported on Form 990, Part VIII -987,922. Cost of Goods Sold Reported on Form 990, Part VIII -78,883. Part XII, Line 2d - Other Adjustments: Fundraising Events Expenses not on Form 990, Part IX 710,755. Rental Expense Reported on Form 990, Part VIII 987,922. Cost of Goods Sold Reported on Form 990, Part VIII 78,883. Part XII, Line 4b - Other Adjustments: Student Financial Aid 10,926,345. 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 organization currently enrolls students of racial minority groups in meaningful numbers consistent with the publicity exception found in Rev. Proc. 75-50 section 4.03(2)(c). Europe 0 0 Program Services Short Term Mission Trips 23563 North America 0 0 Program Services Short Term Mission Trips 8500 0 0 0 0 0 0 32063 0 32063 0 0 0 0 0 0 Part I, line 3: Expenses for mission trips are recorded using the accrual basis of accounting. Annual Auction Dinner 1552603 1281289 271314 95398 107562 339698 168097 1552603 1281289 271314 95398 107562 339698 168097 710755 -439441 1 Financial Aid for Tuition 618 10926345 Part I, Line 2: Families interested in obtaining financial aid to help pay for tuition must submit a financial aid application through a third party processor ("vendor"). The process includes the submission of tax returns, W-2 forms and other documents depending on the family's situation. The vendor runs the data through their program based on certain parameters reviewed by the school and then comes up with recommendations for financial aid amounts. The school's Financial Aid department then reviews reports as well as additional data and refines financial aid awards as appropriate. Once finalized, the data is uploaded into the tuition billing system used by the school. All financial aid grants are used to offset tuition for the specific school year for which it was awarded. OCS provides needs-based, mission-driven financial aid for students, with the exception of a couple very small merit-based awards funded by restricted donations. Financial aid is applied directly to the student's account. No cash changes hands. X 1 1 X X X X 1 0 0 0 0 0 0 1 0 Robert Black Head of School/President 292692 0 40000 0 863 0 13574 0 16800 0 363929 0 0 0 Michael Parkinson Chief Operations Officer 190478 0 30000 0 600 0 10124 0 80439 0 311641 0 0 0 Liz Carey - Asst Treasurer VP Finance & Accounting 167392 0 3675 0 0 0 7538 0 36345 0 214950 0 0 0 Matthew Northrop Associate Head of School for Academics 179839 0 30000 0 26578 0 9920 0 25109 0 271446 0 0 0 Frances Coyle High School Principal 141900 0 2800 0 600 0 7275 0 914 0 153489 0 0 0 David Garett Freeman Middle School Principal 137373 0 2800 0 600 0 5820 0 24509 0 171102 0 0 0 Jan Hethcock High School Athletics Director 129021 0 10096 0 600 0 7121 0 3215 0 150053 0 0 0 Jason McMaster Associate HOS - Acad., Arts & Strat. Devel. (Former) 97469 0 35000 0 35986 0 6906 0 36321 0 211682 0 0 0 Part I, Line 1a Michael Parkinson, Chief Operating Officer, and his wife serve as house parents in a home leased by the school to house foreign exchange students. Provision of this home is a nontaxable benefit to Mr. Parkinson based on the fact that it is a condition of employment and as a convenience for the school. Part I, Line 4a Jason McMaster received a severance paymnet in the amount of $35,711 Part I, Line 7 Non-fixed payments characterized as discretionary bonuses were awarded to R. Black, M. Parkinson, and M. Northrop during the tax year. A California Municipal Finance Authority 201563466 2019-03-22 47500000 See Part VI 0 0 0 A 47500000 219639 6948099 28633424 11698838 2019 1 1 0 1 A 0 1 1 0 0 0.00600 0.00000 0.00600 0 0 0 A 0 1 0 0 1 1 Union Bank 23.000000000000 1 0 0 0 0 A 0 Schedule K, Part I, column (f) Description of Purpose: Refinance 9/08/12 Debt and 12/12/13 Bond; Capital Projects for Dormitories and Idealab 49660 Need based assistance Tuition remission X 4 40622 Stock Market Value X Auction items 466 284314 Sales Price X Gym equipment 2 63538 Invoice value 0 0 1 0 Part I, Column (b): Part I Line 9(b) and Line 26(b) represent the number of contributions made. The number reported on Part I Line 25(b) is the number of items contributed. Form 990, Part VI, Section A, line 2 Dallas Price-Van Breda and Terry Roberts have a family relationship. Dallas Price-Van Breda and Kyle Stanich have a family relationship. Form 990, Part VI, Section B, line 11b Form 990 was prepared by an independent CPA firm. The Chief Financial Officer and Controller review the return in detail. The organzation's board has appointed a Tax CPA to review the Form 990 on behalf of the board. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The Head of School and Secretary/Vice Chair of the Board are responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 The independent Compensation Committee of the Board of Directors annually determines compensation for all officer and key employee positions where base salaries exceed $150,000 per annum, taking into account the recommendation of the Head of School and the Director of Human Resources along with the review of comparable data and historical salaries for these positions. These approvals are regularly recorded in the minutes of the Compensation Committee. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy and financial statements available upon request. Form 990, Part X, Lines 27 - 29 In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 06/30/2019. The 2018 Form 990 and its associated schedules were not updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $61,889,911 Line 29 - Net assets with donor restrictions 2,477,723 --------- Total net assets $64,367,634 Form 990, Part XI, line 9: Change in Value of Interest Rate Swap Agreement -4,190,128. Change in value of interest rate swap agreement swap agreement termination -80,838. Loss on debt extinguishment -163,843. Form 990, Part XI, Line 2c: The organization's combined Finance/Audit Committee assumes responsibility for oversight of its audit and selection of its independent public accountants. This process has not changed from the prior year. Online Christian Consortium LLC 37149 La Tienda Rd Westlake Village CA 91362 812564057 Online Education Services CA 94850 0 Oaks Christian School