2020-01-24T16:16:33-08:00 2019-06-30 952101327 Lund & Guttry LLP 36917 Cook Street Ste 102 Palm Desert CA 92211 990 2018-07-01 952133079 The Palm Valley School PALM 7603280861 35525 Da Vall Dr Rancho Mirage CA 92270 Jennifer Jenkins Board Chair 2020-01-20 true Keith H Lyrla P00542524 7605682242 2018 2020-09-23 17:36:50Z Susan Rice 35525 Da Vall Dr Rancho Mirage CA 922701822 6395222 false false X www.pvs.org X 2000 CA Palm Valley School is an exceptional learning community that educates, nutures, and challenges each student to achieve excellence and contribute to our global society. 8 8 124 41 0 307551 247690 5966002 5825170 53587 5717 79077 210743 6406217 6289320 862036 755841 0 4033117 4275462 0 42755 2460385 2605631 7355538 7636934 -949321 -1347614 16108696 15219645 7668059 8136320 8440637 7083325 Palm Valley School is an exceptional learning community that educates, nutures, and challenges each student to achieve excellence and contribute to our global society. false false 5844762 Educational programs benefitting primary and secondary grade level students of any race, creed, or color. 5844762 true true false false false false false false false true true false false false false true true false true false false false false false true false false false true true false false false false false false false false false false false true false false false false false false false false true 5 0 true 124 true false false false false false false true true false 0 false false false false false false false false false false false false X 8 8 false false false false false false false true true false false true true true true true false true true false CA X Candace Nelson 7603280861 35525 Da Vall Dr Rancho Mirage CA 92270 Jennifer Jenkins Board Chair 1.00 0.00 X X 0 0 0 Stone James Vice Chair 1.00 0.00 X X 0 0 0 Colin Kirckpatrick Treasurer 1.00 0.00 X X 0 0 0 Laura Neil Secretary 1.00 0.00 X X 0 0 0 David Mule Director 1.00 0.00 X 0 0 0 Timothy Jochen Director 1.00 0.00 X 0 0 0 Nate Otto Director 1.00 0.00 X 0 0 0 Cherise Sonderman Director 1.00 0.00 X 0 0 0 Susan Rice Head of School 40.00 0.00 X 214272 0 9223 Candace Nelson CFO From 5/2019 40.00 0.00 X 0 0 0 Jodi Wiseley CFO Thru 3/2019 40.00 0.00 X 100562 0 6483 314834 15706 2 true true false Vintage Associates Inc 78755 Darby Road Bermuda Dunes CA 92203 Groundskeeping 156922 1 5755 241935 42250 247690 Auxiliary Services 101519 101519 Tuition & Fees 5723651 5723651 5825170 1940 1940 0 0 11409 11409 11409 11409 5264 1487 3777 3777 3777 188029 5755 104415 83614 0 0 Other Income 611710 115720 115720 115720 6289320 5944667 13349 0 755841 755841 0 0 330540 247905 79330 3305 0 3294420 2470816 790659 32945 0 363483 272613 87235 3635 287019 215264 68885 2870 0 0 16000 16000 0 0 0 16589 16589 35343 35343 46247 34685 11562 0 0 287617 215712 71905 0 0 0 233054 174791 58263 0 798589 598942 199647 137940 124145 13795 Other overhead 439528 219764 219764 Repairs & maintenance 200940 150705 50235 Agency expenses 114663 114663 Books & instructional material 60653 60653 218468 188263 30205 7636934 5844762 1749417 42755 657399 1129885 0 0 174793 154092 0 0 0 0 52998 64234 25493018 11620384 14627598 13872634 592828 0 0 0 0 3080 -1200 16108696 15219645 373027 423741 1981781 1874357 5313251 5838222 7668059 8136320 X 8329527 6957434 30838 45619 80272 80272 8440637 7083325 16108696 15219645 -1347614 -22108 12410 X X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 588687 588687 586860 26892 25065 588687 546842 57869 17851 586860 583835 -19319 17674 546842 633296 -19309 30152 583835 0.85000 0.14000 0.01000 false false false 1640192 1640192 22968000 10828260 12139740 817475 724773 92702 67351 67351 13872634 X 5624419 -22108 12410 -655203 -664901 6289320 6289320 6985508 -651426 -651426 7636934 7636934 Part V, Line 4: Intended uses of the endowment fund. The School's endowment consists of funds established for a variety of purposes. Its endowment includes both donor-restricted funds and funds designated by the board of trustees to function as endowments. As required by generally accepted accounting principles, net assets associated with endowment funds, including funds designated by the board of trustees to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions.The endowment investment funds were liquidated during the year ended June 30, 2019 and are now held in the School's cash accounts. Part X : FIN48 Footnote The School is a Not-for-profit organization exempt from taxes under section 501(c)(3) of the internal revenue code. The School has not engaged in any activities subject to income tax on unrelated business income; therfore, no provision has been made for income taxes.The School's policy is to record income tax related interest and penaltiies in operating expenses. For the years ended June 30, 2019 and 2018, there was no interest or penalties expense recorded and no accrued interest and penalties.Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the school and recognize a tax liability (or asset) if the School has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. Management has analyzed the tax positions taken by the School, and has concluded that as of June 30, 2019 and 2018 there are no uncertain tax positions taken or expected to be taken that would require recognition of a 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 in progress. Management belives it is no longer subject to income tax examinations by the IRS prior to 2015 or the FTB prior to 2014. true true true true true true true false false false false false false false false false false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race X false Annual Gala 186010 5755 180255 29120 3950 38911 4741 7657 Fash Week/Wine Tasting 7774 7774 12880 1295 5861 193784 5755 188029 29120 3950 51791 6036 13518 104415 83614 false 0 0 Scholarships 87 594209 Tuition Discounts 17 161632 X X X false false false false false false false false false false Jodi Wiseley CFO Thru 3/2019 100562 6483 107045 Susan Rice Head of School 214272 9223 223495 X 1 16000 FMV X Special event supplies 1 5000 FMV X Special event supplies 1 3750 FMV X Special event supplies 1 1000 FMV X Special event supplies 1 2500 FMV X Special event supplies 1 2000 FMV X Gym equipment and lights 1 12000 FMV false true false Form 990, Part VI, Line 11b: Form 990 Review Process Annual board meeting discussion. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Disclosure form is completed annually by Board members. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The compensation committee reviews the headmaster's contract with comparative data from other independent schools as reported by the California Association of Independent Schools, as well as national and local data from similar institutions. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The compensation committee reviews the employee contracts with comparative data from other independent schools as reported by the California Association of Independent Schools, as well as national and local data from similar institutions. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Documents are available by request to the headmaster or the business manager through the school's administrative office. Copies of the filed Form 990 tax returns are available on the GuideStart website. Form 990, Part XII, Line 2: Change of Oversight or Selection Process The School's audit committee reviews the audit and meets with the auditor prior to the audit report being finalized.