2020-07-11T16:53:15-05:00 2019-06-30 941254756 HOOD & STRONG LLP 275 BATTERY ST STE 900 SAN FRANCISCO CA 94111 990 2018-07-01 463770194 PROOF SCHOOL PROO 4154265700 973 MISSION STREET SAN FRANCISCO CA 94103 SAMUEL VANDERVELDE HEAD OF SCHOOL 4154265700 2020-07-10 1 JACOB YAU P01560332 4157810793 12.201.128.66 2020-07-10 01:28:51 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 0FD9DDE82EC6D4B8065AB7615AF10F25757ED51F 2018 2021-01-29 14:40:06Z SAMUEL VANDERVELDE 973 MISSION STREET SAN FRANCISCO CA 94103 5048125 0 X WWW.PROOFSCHOOL.ORG X 2013 CA OFFERING A LIBERAL ARTS EDUCATION FOR KIDS WHO LOVE MATH, REASONING AND COMMUNICATION. 10 8 21 9 0 0 1054733 914708 3004551 3941336 4011 9556 0 0 4063295 4865600 623431 978423 0 0 1552792 1984434 0 0 4030 1425842 1566622 3602065 4529479 461230 336121 5943386 6992457 3420889 4263028 2522497 2729429 PROOF SCHOOL OFFERS A TRANSFORMATIVE LIBERAL ARTS EDUCATION TO YOUNG PEOPLE WITH AN ACTIVE CURIOSITY AND A PASSION FOR MATHEMATICS, EQUIPPING THEM TO REASON, COMMUNICATE, AND POSITIVELY IMPACT THEIR WORLD. 0 0 4060330 978423 3941336 PROOF SCHOOL DELIVERED A COMPREHENSIVE MIDDLE OR HIGH SCHOOL CURRICULUM TO A TOTAL OF 97 STUDENTS DURING THE 2018-19 ACADEMIC YEAR. SCHOOL WAS IN SESSION FOR 172 DAYS; THE SCHOOL ALSO HELD TWO SYMPOSIUMS, TWO INFO SESSIONS, TWO MATH FESTIVALS, AND GRADUATED 10 STUDENTS. GOALS FOR THE SCHOOL ARE TO CONTINUE TO PROVIDE A WORLD CLASS EDUCATION TO STUDENTS IN THE BAY AREA WHO LOVE MATH. 4060330 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 6 0 1 21 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X SAMUEL K VANDERVELDE 4154265700 973 MISSION STREET SAN FRANCISCO CA 94103 PAUL ZEITZ BOARD CHAIR 2.00 X X 0 0 0 DENNIS LEARY TREASURER 3.00 X X 0 0 0 ALON AMIT BOARD MEMBER 0.50 X 0 0 0 DIVIYA MAGARO BOARD MEMBER 0.50 X 0 0 0 JAMES SOTIROS BOARD MEMBER 0.50 X 0 0 0 PERRY TAM BOARD MEMBER 0.50 X 0 0 0 RAVI VAKIL BOARD MEMBER 0.50 X 0 0 0 ANA BRUBAKER BOARD MEMBER 0.50 X 0 0 0 LISA PARK BOARD MEMBER 0.50 X 0 0 0 SAMUEL K VANDERVELDE HEAD OF SCHOOL 40.00 X X 179957 0 29895 ZACHARY SIFUENTES DEAN OF HUMANITIES 40.00 X 174752 0 24400 KATHY LIN DIRECTOR OF ADMISSIONS 40.00 X 161794 0 5478 516503 0 59773 3 0 1 0 0 914708 182525 914708 TUITION 611600 3862400 3862400 LUNCH INCOME 611710 44444 44444 FIELD TRIP FEES 611710 20100 20100 MANDELBROT COMPETITION 611710 9309 9309 PARENT ASSOCIATION FEE 611710 4310 4310 773 773 3941336 9556 9556 182525 182525 0 0 4865600 3941336 0 9556 978423 978423 576276 576276 1111975 1019838 92137 23836 22311 1525 148301 119849 28452 124046 116322 7724 1572 1572 22612 1507 21105 830 830 18616 10909 7707 38001 11291 26710 983176 791404 191772 2429 2367 62 266506 207875 58631 33338 12380 20958 SCHOOL PROGRAMS AND ACT 96525 95998 149 378 CURRICULAR EXPENSES 72066 71609 457 RECRUITMENT 28129 21971 6158 ADMISSIONS & OUTREACH 2822 2822 4529479 4060330 465119 4030 900550 1494513 1655220 2191878 31271 53399 2608634 266507 2415952 2342127 356873 550540 583520 360000 5943386 6992457 68225 41696 2816638 3641135 200000 100000 336026 480197 3420889 4263028 X 2522497 2729429 2522497 2729429 5943386 6992457 336121 1586 -130775 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2584449 258445 2326004 24185 8062 16123 2342127 SECURITY DEPOSITS 360000 360000 DEFERRED RENT 480197 480197 X 3888763 1586 -978423 -976837 4865600 0 4865600 3551056 0 3551056 978423 978423 4529479 PART X, LINE 2: THE SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE CALIFORNIA TAX CODE. THE SCHOOL FOLLOWS THE GUIDANCE OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID AWARDS NETTED AGAINST REVENUE -978,423. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AWARDS NETTED AGAINST REVENUE 978,423. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 OUR COMPREHENSIVE RACIAL NONDISCRIMINATION POLICY APPEARS AT THE PROOF SCHOOL WEBSITE ON THE PAGE CONTAINING INFORMATION ON ADMISSIONS. IT IS ALSO DISPLAYED ON ALL APPLICATION MATERIALS THAT ARE COMPLETED BY FAMILIES IN THE PROCESS OF APPLYING TO PROOF SCHOOL. 1 FINANCIAL ASSISTANCE 53 978423 PART I, LINE 2: ALL FAMILIES HAVE THE OPTION OF APPLYING FOR FINANCIAL ASSISTANCE (FA) AT THE SAME TIME THAT THEY APPLY FOR ADMISSION TO PROOF SCHOOL. THE FA PROCESS IS HANDLED BY SSS, AN INDEPENDENT SERVICE USED BY MANY SCHOOLS TO DETERMINE FINANCIAL ASSISTANCE AWARD AMOUNTS. ONCE A STUDENT IS ADMITTED, OUR FA COMMITTEE USES INFORMATION PROVIDED BY SSS AND BY THE FAMILY IN ORDER TO MAKE FINAL AWARD DETERMINATIONS, WHICH ARE SHARED IN THE ENROLLMENT AGREEMENT. ALL RECORDS RELATED TO FA ARE KEPT ELECTRONICALLY, BOTH VIA SSS AND INTERNALLY. X X 0 0 0 0 0 0 0 0 0 SAMUEL K VANDERVELDE HEAD OF SCHOOL 179957 0 0 0 0 0 5408 0 24487 0 209852 0 0 0 ZACHARY SIFUENTES DEAN OF HUMANITIES 174752 0 0 0 0 0 5625 0 18775 0 199152 0 0 0 KATHY LIN DIRECTOR OF ADMISSIONS 161794 0 0 0 0 0 4883 0 595 0 167272 0 0 0 DIVIYA MAGARO BOARD MEMBER FUNDS FOR NEW FACILITY X 200000 100000 0 1 1 100000 X 8 182525 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTORS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOL WILL ELECTRONICALLY DISTRIBUTE THE COMPLETED FORM 990, INCLUDING ANY SUPPLEMENTAL SCHEDULES, TO EACH MEMBER OF THE BOARD OF DIRECTORS (NAMED IN PART VII SECTION A) BEFORE FILING. THE BOARD WILL THEN APPROVE THE FORM 990 VIA A FORMAL VOTE. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES OF PROOF SCHOOL SIGN AN AGREEMENT TO OBSERVE THE CONFLICT OF INTEREST POLICY STATED IN OUR EMPLOYEE HANDBOOK. DETERMINATION AND REVIEW OF CONFLICTS OF INTEREST ARE MADE BY THE SCHOOL LEADERSHIP TEAM, OVERSEEN BY THE HEAD OF SCHOOL. SUCH DETERMINATIONS ARE MADE INITIALLY AT THE TIME OF HIRE, AND SUBSEQUENTLY MONITORED THROUGH AN ANNUAL REVIEW OF HANDBOOK POLICIES EACH AUGUST, REQUESTS FOR PERSONAL TIME DURING THE YEAR, AND INFORMAL CONVERSATIONS. NO CONFLICTS OF INTEREST HAVE BEEN IDENTIFIED TO DATE. FORM 990, PART VI, SECTION B, LINE 15 NON-COMPENSATED BOARD MEMBERS APPROVES THE HEAD OF SCHOOL SALARY, WHO IN TURN SETS AND PUBLISHES INTERNALLY A COMPENSATION SCALE AND PROMOTION POLICY FOR ALL EMPLOYEES. AMOUNTS ARE BASED ON SALARIES AT COMPARISON SCHOOLS IN OUR REGION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS MAY BE REQUESTED BY CONTACTING THE HEAD OF SCHOOL, WHO MAKES DECISIONS REGARDING THEIR DISTRIBUTION ON A CASE-BY-CASE BASIS.