2020-04-28T11:11:40-05:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 301 NORTH LAKE AVENUE SUITE 900 PASADENA CA 91101 990 2018-07-01 330729698 SAGE HILL SCHOOL SAGE 9492191310 20402 NEWPORT COAST DRIVE NEWPORT COAST CA 92657 JILL LIVERMORE CFO 9492191312 2020-04-27 1 DAVID ROBYDEK P02127582 6267933600 2020-04-27 67.137.57.251 2020-04-27 18:43:08 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 B4FD406AA3BD9720B7D0B6C862F458DE88E33DF9 2018 2020-11-19 02:30:22Z JILL LIVERMORE 20402 NEWPORT COAST DRIVE NEWPORT COAST CA 92657 38820503 0 X WWW.SAGEHILLSCHOOL.ORG X 1996 CA A PRIVATE COED HIGH SCHOOL THAT INSPIRES IN THEIR STUDENTS A LOVE OF KNOWLEDGE. 20 20 195 300 0 0 6107771 3193870 21103057 21949587 949868 1379635 116876 155023 28277572 26678115 2154347 2038034 0 0 12357900 12922258 0 0 1435236 9031600 10554817 23543847 25515109 4733725 1163006 114914276 116060983 33760484 34002142 81153792 82058841 X WE INSPIRE IN OUR STUDENTS A LOVE OF KNOWLEDGE AND THE ABILITY TO USE THAT KNOWLEDGE CREATIVELY, COMPASSIONATELY AND COURAGEOUSLY THROUGHOUT THEIR LIVES.SAGE HILL SCHOOL'S COMMITMENT TO ACADEMIC EXCELLENCE, OUR OUTSTANDING COLLEGE PREPARATION, AND OUR UNWAVERING DEDICATION TO A PUBLIC PURPOSE HAVE PROVIDED A TRANSFORMATIVE EXPERIENCE FOR OUR STUDENTS. ACADEMIC EXCELLENCE - SAGE HILL OFFERS A RIGOROUS, COMPREHENSIVE CURRICULUM THAT CHALLENGES AND INSPIRES STUDENTS TO TAKE RISKS, THINK CRITICALLY, AND USE WHAT THEY LEARN IN CLASS IN THE WORLD BEYOND OUR CAMPUS. OUR WORLD-CLASS EDUCATORS TEACH CLASSES THAT AVERAGE SIXTEEN STUDENTS AND FOSTER CURIOSITY, DISCOVERY, AND A PASSION FOR LEARNING. 0 0 18441130 2038034 21949587 SAGE HILL SCHOOL IS AN INDEPENDENT HIGH SCHOOL LOCATED ON 30 ACRES IN NEWPORT COAST, CA. FOUNDED IN 2000, THE SCHOOL PROVIDES MORE THAN 500 STUDENTS WITH SMALL CLASS SIZES THAT AVERAGE 16 STUDENTS PER TEACHER, OUTSTANDING ACADEMIC CURRICULA AND A DEDICATED TEAM OF COLLEGE COUNSELORS. THE SCHOOL OFFERS ITS STUDENTS A RICH AND DYNAMIC CURRICULUM THAT PROMOTES CRITICAL THINKING, COLLABORATION, AND CREATIVITY. OUTSIDE THE CLASSROOM, STUDENTS ARE ENCOURAGED TO PARTICIPATE IN ATHLETICS, EXPLORE THEIR ARTISTIC ABILITIES, AND ENGAGE IN THE WORLD BEYOND THE CAMPUS THROUGH SERVICE TO THE COMMUNITY, INTERNSHIPS AND EDUCATIONAL TRAVEL. 18441130 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 1 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 89 1 1 195 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 CA X JILL LIVERMORE 9492190100 20402 NEWPORT COAST DRIVE NEWPORT COAST CA 92657 MIKE BOLEN BOARD CHAIR 1.00 X X 0 0 0 CHRISTY MARLIN TRUSTEE (VICE-CHAIR) 1.00 X X 0 0 0 DAVID FISHMAN TREASURER 1.00 X X 0 0 0 LORELLEN GREEN SECRETARY 1.00 X X 0 0 0 PRIYAN CHANDRARATNA TRUSTEE 1.00 X 0 0 0 DOUG COLLIER TRUSTEE 1.00 X 0 0 0 DARRYL BUTTON TRUSTEE 1.00 X 0 0 0 SANDY IRANI TRUSTEE 1.00 X 0 0 0 PAOLO LEON TRUSTEE 1.00 X 0 0 0 RICK LOWE TRUSTEE 1.00 X 0 0 0 LISA MERAGE TRUSTEE 1.00 X 0 0 0 MAYA PATEL TRUSTEE 1.00 X 0 0 0 STANTON ROWE TRUSTEE 1.00 X 0 0 0 CHARLES RUCK TRUSTEE 1.00 X 0 0 0 PRAKASH SAKRAKEY TRUSTEE 1.00 X 0 0 0 TOYO SHIMANO TRUSTEE 1.00 X 0 0 0 TWILA TRUE TRUSTEE 1.00 X 0 0 0 SCOTT WEINER TRUSTEE 1.00 X 0 0 0 KATHLEEN WILK TRUSTEE 1.00 X 0 0 0 VAN WILSON TRUSTEE 1.00 X 0 0 0 GORDON MCNEILL PRESIDENT 40.00 X 432115 0 197494 PATRICIA MERZ HEAD OF SCHOOL 40.00 X 440215 0 96667 JILL LIVERMORE CHIEF FINANCIAL OFFICER 40.00 X 159446 0 1573 KATHLEEN WILK CFO - 1/1 - 6/30/2018 40.00 X 146835 0 13275 ELAINE MIJALIS DIRECTOR OF ADMISSION & FA 40.00 X 188231 0 20841 MATTHEW BALOSSI DEAN OF FACULTY 40.00 X 150720 0 25877 ANGELA OLIVER DIRECTOR OF HR 40.00 X 133359 0 26063 NICOLE MORELLO CONTROLLER 40.00 X 130264 0 2146 GEORGE SMITH DIRECTOR OF COLLEGE COUNSELING 40.00 X 129687 0 15107 1910872 0 399043 31 0 1 0 COMMERCIAL BUILDERS INC 525 B ST SUITE 1010 SAN DIEGO CA 92101 CONSTRUCTION 2106767 LAKELAND HOLDINGS LLC 2 HERITAGE DRIVE SUITE 402 QUINCY MA 02171 TRAVEL SERVICES 912468 GEARSHIFT INC 930 W 16TH ST SUITE E2 COSTA MESA CA CA 92627 MARKETING SERVICES 410709 FLIK INDEPENDENT SCHOOLS PO BOX 50196 LOS ANGELES CA 90074 FOOD SERVICES 333541 MERCHANTS BUILDING MAINTENANCE 1190 MONTEREY PASS ROAD MONTEREY PARK CA 91754 CUSTODIAL SERVICES 297278 17 249329 2944541 131978 3193870 TUITION AND FEES 611710 21169330 21169330 SUMMER AND ENRICHMENT PROGRAMS 611710 548491 548491 FORFEITED TUITION & DEPOSITS 611710 202166 202166 APPLICATION FEES 611710 29600 29600 21949587 823851 823851 12015148 508890 11222272 745982 792876 -237092 555784 555784 178136 249329 174134 4002 4002 17000 0 17000 17000 PARENT ASSOCIATION ACTIVITIES 900099 78938 78938 OTHER INCOME 900099 55083 55083 134021 26678115 21949587 0 1534658 2038034 2038034 1424945 290321 589772 544852 9538369 7526721 1700959 310689 390609 340001 35084 15524 802429 465774 181034 155621 765906 594118 132767 39021 896741 896741 42217 42217 61284 61284 196728 90950 47786 57992 539647 539647 437966 121461 200720 115785 255409 234944 18921 1544 479248 447519 28788 2941 65942 23654 33777 8511 642768 600213 38610 3945 2716010 2536195 163146 16669 282294 247895 33153 1246 FACILITIES 1236697 1157390 71955 7352 ACADEMIC SUPPORT 437285 437285 SUMMER & ENRICHMENT CLA 391475 391475 ATHLETICS 337151 337151 1535955 560029 822382 153544 25515109 18441130 5638743 1435236 13583397 5754485 3435262 12395804 1957168 693642 84017 400 287490 184463 99762280 24740547 75096979 75021733 18613608 18159233 1134582 2896280 721773 954943 114914276 116060983 2558210 3169992 12342019 12523090 18860255 18309060 33760484 34002142 X 71391922 72504714 3438046 2787146 6323824 6766981 81153792 82058841 114914276 116060983 1163006 -257957 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19748190 536119 1249510 478306 21055513 16368122 2453805 976263 50000 19748190 14500884 117692 1749546 16368122 14051013 2225223 224648 2000000 14500884 14020660 309922 229586 509155 14051013 0.60720 0.31790 0.07490 0 0 20128606 20128606 72393843 20881203 51512640 6918376 3707544 3210832 321455 151800 169655 75021733 X 23934010 -257957 4645 -2490793 -2744105 26678115 0 26678115 23028961 4645 4645 23024316 2490793 2490793 25515109 PART V, LINE 4: THE INTENDED USE OF ENDOWMENT FUNDS ARE FOR FINANCIAL AID AND OPERATIONS. PART X, LINE 2: THE SCHOOL HAS BEEN GRANTED EXEMPTION FROM INCOME TAX UNDER SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS 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: FINANCIAL AID -2,038,034. SUMMER AND AUX PROGRAM EXPENSES -391,475. INVESTMENT MANAGEMENT FEES -61,284. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,038,034. SUMMER AND AUX PROGRAM 391,475. INVESTMENT MANAGEMENT FEES 61,284. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 IN MAY 2019, THE IRS ISSUED NOTICE 2019-22 AMENDING THE NON-DISCRIMINATORY POSTING GUIDELINES. CONSISTENT WITH SUCH GUIDELINES, THE SCHOOL POSTED ITS ANNUAL NON-DISCLOSURE AGREEMENT ON ITS WEBSITE. SPRING EVENT 427465 249329 178136 174134 0 427465 249329 178136 174134 174134 4002 17000 0 17000 17000 CA 0 IRS GUIDANCE RELATED TO 501(3) EXEMPTION. 0 0 0 1.00000 SAGE HILL SCHOOL BUSINESS OFFICE 20402 NEWPORT COAST DRIVE NEWPORT COAST CA 92657 0 0 1 FINANCIAL AID 55 2038034 FMV FINANCIAL AID PART I, LINE 2: ON A NON-DISCRIMINATORY BASIS, THE FINANCIAL AID COMMITTEE DETERMINES THE ALLOCATION OF THE AWARD BASED ON NEED, UTILIZING DATA FROM A THIRD-PARTY FINANCIAL AID SERVICE. THE LIST OF STUDENTS RECEIVING FINANCIAL AID IS GIVEN TO THE BUSINESS OFFICE WHERE THE TUITION BILLING IS PROCESSED. X 1 1 X X X X 0 1 0 0 0 0 0 1 0 GORDON MCNEILL PRESIDENT 355061 0 75000 0 2054 0 93893 0 103601 0 629609 0 0 0 PATRICIA MERZ HEAD OF SCHOOL 363161 0 75000 0 2054 0 93269 0 3398 0 536882 0 0 0 JILL LIVERMORE CHIEF FINANCIAL OFFICER 158517 0 0 0 929 0 0 0 1573 0 161019 0 0 0 KATHLEEN WILK CFO - 1/1 - 6/30/2018 145821 0 0 0 1014 0 6204 0 7071 0 160110 0 0 0 ELAINE MIJALIS DIRECTOR OF ADMISSION & FA 178972 0 7500 0 1759 0 9209 0 11632 0 209072 0 0 0 MATTHEW BALOSSI DEAN OF FACULTY 135064 0 0 0 15656 0 7226 0 18651 0 176597 0 0 0 ANGELA OLIVER DIRECTOR OF HR 132397 0 0 0 962 0 7168 0 18895 0 159422 0 0 0 PART I, LINE 1A THE PRESIDENT AND HEAD OF SCHOOL ARE ALLOWED TO TRAVEL FIRST CLASS IF BUSINESS CLASS IS NOT AVAILABLE. PART I, LINE 4B THE SCHOOL MADE CONTRIBUTIONS TO THE 457(F) PLANS OF GORDON MCNEILL, $75,000, AND PATRICIA MERZ, $75,000. PART I, LINE 7 BONUSES PAID TO: GORDON MCNEILL, PRESIDENT, $75,000 (OF WHICH $56,500 WAS TAKEN IN CASH AND $18,500 WAS DEPOSITED IN HIS 457(B) PLAN); PATRICIA MERZ, HEAD OF SCHOOL, $75,000; AND TO ELAINE MIJALIS, DIRECTOR OF ADMISSION, $7,500. SCHEDULE J, PART II, COLUMN (B) FOR CLARIFICATION, THE SCHEDULE J COLUMN B AMOUNTS REFLECT W-2 WAGES FOR THE 2018 CALENDAR YEAR. SCHEDULE J, PART II, COLUMN (D) INCLUDED IN NONTAXABLE BENEFITS ARE: HEALTH INSURANCE PREMIUMS, TUITION REMISSION AND CAFETERIA PLANS. A CA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK 630304653 13033W6R9 2010-12-20 20822650 TO REFINANCE THE BONDS ISSUED IN 2008. 0 1 0 A 20822650 19500000 374870 947780 2009 0 1 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 X 4 131978 FAIR MARKET VALUE 0 0 1 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTOR REPRESENT THE NUMBER OF NON-CASH TRANSACTION. PART I, LINE 32B: ALL STOCK GIFTS DONATED TO THE SCHOOL ARE SENT DIRECTLY TO THE BANK. THE BANK HAS INSTRUCTIONS TO SELL IMMEDIATELY. PART I COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS TRANSCATION RECEIVED DURING THE FISCAL YEAR 2019. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF OFFICERS OF THE BOARD AND THE CHAIR OF EACH BOARD COMMITTEE (AS DEFINED IN THE BYLAWS). ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE PART OF THE GOVERNING BODY. THE EXECUTIVE COMMITTEE HAS THE FULL POWER TO ACT ON BEHALF OF THE BOARD IN BETWEEN MEETINGS WITH EXCEPTIONS AS DEFINED IN THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 2 CHARLES RUCK AND HIS LAW FIRM FROM TIME TO TIME DOES BUSINESS WITH CORPORATIONS THAT EMPLOY OR ARE REALTED TO CERTAIN BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, A DRAFT OF THE 990, WITHOUT SCHEDULE B, IS REVIEWED WITH THE MEMBERS OF THE AUDIT COMMITTEE. A DRAFT OF THE FORM 990, WITHOUT SCHEDULE B, IS ALSO CIRCULATED TO ALL TRUSTEES FOR THEIR REVIEW PRIOR TO FILING. IN ADDITION, AND ALSO PRIOR TO FILING, THE CHAIR AND VICE CHAIR OF THE BOARD IS GIVEN A COMPLETE COPY OF THE FORM 990 TO REVIEW, INCLUDING SCHEDULE B. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, EACH BOARD MEMBER SIGNS THE CONFLICT OF INTEREST POLICY AGREEING THAT THEY HAVE RECEIVED AND UNDERSTAND THE POLICY. THEY ALSO SIGN THE SUPPLEMENT TO THE CONFLICT OF INTEREST POLICY THAT ADDRESSES AND DISCLOSES ISSUES OF RELATED PARTY TRANSACTIONS. THIS IS NORMALLY DOCUMENTED AT THE FIRST BOARD MEETING OF THE YEAR. OUR CONFLICT OF INTEREST POLICY WAS REVISED TO INCLUDE KEY EMPLOYEES EFFECTIVE FEBRUARY 2017. FORM 990, PART VI, SECTION B, LINE 15A THE SCHOOL HAS A COMPENSATION COMMITTEE COMPOSED OF TRUSTEES AND EMERITI. THE COMPENSATION COMMITTEE MEETS AS NEEDED TO DISCUSS AND APPROVE THE COMPENSATION PACKAGES OF THE PRESIDENT AND HEAD OF SCHOOL. OTHER SCHOOL OFFICERS AND KEY EMPLOYEES COMPENSATION IS REVIEWED BY THE COMPENSATION COMMITTEE BUT THE HEAD OF SCHOOL APPROVES THEIR COMPENSATION PACKAGES. COMPARABILITY DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOL'S DATABASE IS CIRCULATED TO THE COMMITTEE PIROR TO THE REVIEW MEETING AND IS DISCUSSED AT THE MEETING. COMPARATIVE DATA GROUPS INCLUDE SIMILAR TYPE SCHOOLS ( I.E., INDEPENDENT, NON-PROFIT, COED, DAY ONLY) AND SCHOOLS WITH SIMILAR NUMBERS OF STUDENTS AND OPERATING EXPENSES. MINUTES OF THE MEETING ARE KEPT IN THE BUSINESS OFFICE. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE SCHOOL HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND TAX RETURNS. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.