2019-05-15T11:18:27-05:00 2018-06-30 111986323 MARCUM LLP 1 MONTGOMERY STREET SUITE 1700 SAN FRANCISCO CA 94104 990 2017-07-01 770530703 GERMAN INTERNATIONAL SCHOOL OF SILICON VALLEY GERM 6502540748 310 EASY STREET MOUNTAIN VIEW CA 94043 ANNE HESS PRESIDENT 6502540748 2019-05-10 1 ROGER BULOSAN P00221282 4154326200 64.124.51.210 2019-05-10 19:39:33 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 8DB6298DFFB9F30D04C102D5853B3391BD590527 2017 2019-02-21 02:37:17Z ANNE HESS 310 EASY STREET MOUNTAIN VIEW CA 94043 19504994 0 X WWW.GISSV.ORG X 1999 CA GERMAN INTERNATIONAL SCHOOL OF SILICON VALLEY (THE "SCHOOL") PROVIDES GERMAN GOVERNMENT-ACCREDITED ELEMENTARY AND SECONDARY EDUCATION. 11 11 145 395 0 7670 523186 3049434 14183610 15428332 0 -58195 763846 806197 15470642 19225768 2021614 2152114 0 0 7058959 7368226 0 0 65812 7087800 6783324 16168373 16303664 -697731 2922104 14089822 17478677 8048179 8535920 6041643 8942757 X THE SCHOOL HAS COMMITTED ITSELF TO ENSURING STUDENTS REACH THEIR FULL ACADEMIC POTENTIAL IN A NURTURING ENVIRONMENT THAT FOSTERS CRITICAL AND IMAGINATIVE THINKING, A PASSION FOR LIFELONG LEARNING AND AN APPRECIATION FOR CULTURAL DIVERSITY. 0 0 13480002 2152114 15428332 THE SCHOOL IS A PRIVATE, NON-PROFIT, COEDUCATIONAL SCHOOL FOUNDED IN 1999 IN MOUNTAIN VIEW, CALIFORNIA, OFFERING A MULTILINGUAL, MULTICULTURAL EDUCATION TO STUDENTS FROM PRE-SCHOOL THROUGH 12TH GRADE. MEETING THE STRICT ACCREDITATION REQUIREMENTS OF THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES (WASC) AS WELL AS THE GERMAN GOVERNMENT, THE SCHOOL IS THE ONLY INSTITUTION IN THE WESTERN PART OF THE UNITED STATES TO OFFER DUAL DIPLOMAS UPON GRADUATION, THE GERMAN INTERNATIONAL ABITUR (DIAP), AS WELL AS THE CALIFORNIA HIGH SCHOOL DIPLOMA-QUALIFYING GRADUATES FOR ACCEPTANCE INTO THE BEST AMERICAN AND EUROPEAN UNIVERSITIES.WITH THREE LOCATIONS THROUGHOUT THE SAN FRANCISCO BAY AREA (MOUNTAIN VIEW, BERKELEY, AND SAN FRANCISCO) THE SCHOOL CURRENTLY SERVES THE NEEDS OF OVER 600 STUDENTS. 13480002 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 85 0 1 145 1 1 1 1 GM 0 0 0 1 1 0 0 0 0 X 11 11 0 0 0 0 0 1 1 1 1 0 0 1 1 0 1 1 1 1 1 0 CA X MICHAEL NIELSEN 6502540748 310 EASY STREET MOUNTAIN VIEW CA 94403 ANNE HESS PRESIDENT 10.00 X X 0 0 0 CORNELIA BOHLE-NEUBRAND VICE-PRESIDENT 5.00 X X 0 0 0 KAREEN WEISSENBERG TREASURER 5.00 X X 0 0 0 DR MANFRED MUELLER VICE TREASURER 5.00 X X 0 0 0 DR HORST GROESSER BOARD MEMBER 5.00 X 0 0 0 KATHARINA SCHMIDT BOARD MEMBER 5.00 X 0 0 0 RACHEL SCOTT BECKERT BOARD MEMBER 5.00 X 0 0 0 SUPRIYA SOLBACH BOARD MEMBER 5.00 X 0 0 0 MICHAEL TEWS BOARD MEMBER 5.00 X 0 0 0 MARK VAN DE WIEL BOARD MEMBER 5.00 X 0 0 0 DR BRETT WINGEIER BOARD MEMBER 5.00 X 0 0 0 MICHAEL KOOPS HEAD OF SCHOOL (TO JUNE 2018) 40.00 X 0 0 0 MARIO CIMIOTTI INTERIM HEAD OF SCHOOL (STARTED AUG. 2018) 40.00 X 0 0 0 SEBASTIAN GEUE VICE HEAD OF SCHOOL (TO JUNE 2018) 40.00 X 0 0 0 JENNY JUNGEBLUT VICE HEAD OF SCHOOL (STARTED AUG 2018) 40.00 X 0 0 0 MICHAEL NIELSEN CHIEF ADMINISTRATIVE OFFICER 40.00 X 66389 0 4236 MORENA WAACK HEAD OF PRESCHOOL & KINDERGARTEN 40.00 X 126886 0 6068 193275 0 10304 1 0 0 0 BRUCE G FIELDING 1394 CUERNAVACA CIRCULO MOUNTAIN VIEW CA 94040 CONSTRUCTION 135058 1 43387 452808 2553239 3049434 TUITION 611600 15186513 15186513 OTHER INCOME 611600 241819 241819 15428332 806197 0 806197 806197 806197 58195 -58195 -58195 -58195 221031 43387 221031 0 19225768 15428332 0 748002 2152114 2152114 288683 222286 62644 3753 6109649 5113207 996442 51656 51656 404540 313000 91540 513698 513698 50855 50855 235582 235582 91630 91630 104740 80663 22704 1373 164684 145616 18239 829 2996648 2307781 649576 39291 109163 109163 489903 377285 106195 6423 67569 52036 14647 886 AFTERSCHOOL PROGRAM 520857 520857 MAINTENANCE AND REPAIR 401745 309392 87085 5268 SATURDAY SCHOOL/GERMAN 369075 369075 TEACHING MATERIALS 350270 350270 830603 652722 169892 7989 16303664 13480002 2757850 65812 X 5272849 6534440 208396 193581 742618 11453 250244 167807 14188884 3936216 7280735 10252668 334980 318728 14089822 17478677 1949725 3187201 2573829 1526981 1062 1062 3194138 3385038 329425 435638 8048179 8535920 X 6028809 8933079 12834 9678 6041643 8942757 14089822 17478677 X 2922104 13948 -34938 X X 0 1 X 1 0 X 0 1 X 1200000 1200000 3083380 934403 2148977 5145703 1559379 3586324 969252 293727 675525 3790549 1148707 2641842 10252668 LEASE DEPOSITS 50000 DEFERRED RENT 385638 435638 X 18723726 13948 1636124 1650072 17073654 2152114 2152114 19225768 15822612 1636124 34938 1671062 14151550 2152114 2152114 16303664 PART IV, LINE 2B: THE SCHOOL HOLDS CASH ON BEHALF OF VARIOUS SCHOOL CLUBS. PART X, LINE 2: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES AND STATE FRANCHISE TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND HAS CONCLUDED THAT THEY MAINTAINED THEIR TAX EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE SCHOOL'S EVALUATION ON JUNE 30, 2018, REVEALED NO TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE TAX RETURNS ON THE SCHOOL ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. HOWEVER, THERE ARE CURRENTLY NO EXAMINATIONS IN PROGRESS OR PENDING. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AWARDS AND DISCOUNTS 2,152,114. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT 34,938. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AWARDS AND DISCOUNTS 2,152,114. 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 RACIAL NONDISCRIMINATION POLICY WAS PUBLISHED IN THE SAN FRANCISCO CHRONICLE ON JUNE 7, 2018. THIS NEWSPAPER PUBLICATION SERVES THE ENTIRE SAN FRANCISCO BAY AREA. THE SAME POLICY IS STATED ON THE SCHOOL'S WEBSITE AND ADMISSIONS MATERIALS. SCHEDULE E, PART I, LINE 4 THE SCHOOL SIMPLY DOES NOT COLLECT OR TRACK RACIAL COMPOSITION OF EITHER STAFF OR STUDENTS. EUROPE FUNDRAISING 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 VARIOUS FUNDRAISING ACTIVITIES 264418 43387 221031 26398 194633 264418 43387 221031 26398 194633 221031 0 0 FINANCIAL AID AND TUITION DISCOUNTS 417 2152114 FMV FINANCIAL AID AND DISCOUNTS TOWARD TUITION FORM 990, PART VI, SECTION A, LINE 7A THE CURRENT FAMILIES ELECT THE NEW BOARD MEMBERS DURING THE ANNUAL SOCIETY (PARENT) MEETING. AN ELECTION COMMITTEE MONITORS THE ELECTIONS AND MAKES SURE ALL PROCEDURES ADHERED TO OUR BY-LAWS. CANDIDATES FILL OUT A FORM AND PRESENT THEMSELVES TO THE PARENTS WHO THEN VOTE. FORM 990, PART VI, SECTION A, LINE 7B THE SCHOOL'S PARENTS ORGANIZATION MUST VOTE ON CREDIT EXTENDED TO THE SCHOOL IF IT EXCEEDS 30% OF THE OPERATING BUDGET AND MUST APPROVE OF THE BUDGET ANNUALLY. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS THE COMPLETED FORM 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR AT THE FIRST BOARD MEETING FOLLOWING THE ELECTION OF NEW OFFICERS, THE CONFLICT OF INTEREST POLICIES AND OTHER BOARD RULES ARE REVIEWED WITH ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES COMMITTEE REVIEWS SALARIES, APPROVES ALL SALARY CHANGES AND APPROVES ALL NEW HIRES. FORM 990, PART VI, SECTION C, LINE 19 MOST GOVERNING DOCUMENTS ARE AVAILABLE ON THE WEBSITE, OTHERS CAN BE INSPECTED UPON REQUEST. FINANCIAL REPORTS ARE ALSO PRESENTED AT THE SEMI-ANNUAL PARENT SOCIETY MEETINGS. FORM 990, PART X, COLUMN B, LINE 17 REPAYMENT OF GRANTS TO THE GERMAN GOVERNMENT THE FEDERAL REPUBLIC OF GERMANY PROVIDED FUNDING TO INITIALLY RENOVATE AND MAKE SUBSEQUENT IMPROVEMENTS TO THE HILLSIDE PROPERTY BY PROVIDING TWO GRANTS OF $509,400 AND $590,900 IN AUGUST 2012 AND FEBRUARY 2015, RESPECTIVELY. DUE TO THE DISCONTINUANCE OF THE HILLSIDE PROPERTY FOR EDUCATIONAL PURPOSES IN JANUARY 2017 AND THE TERMS OF THE GRANT AGREEMENTS, THE GERMAN GOVERNMENT IS ENTITLED TO REPAYMENT FOR THESE GRANTS. THE AMOUNT TO BE REPAID IS THE RATIO OF THE GRANT AMOUNT TO THE ORIGINAL PURCHASE PRICE, MULTIPLIED BY THE EXPECTED SALES PRICE LESS ANNUAL GRANT DEPRECIATION OF 4%. ACCRUED INTEREST IS CALCULATED AT 5% ABOVE BASIC RATE OF -0.88% AT JUNE 30, 2018, PURSUANT TO SECTION 247 OF THE GERMAN CIVIL CODE. AS OF JUNE 30 2018, THE STATEMENT OF FINANCIAL POSITION INCLUDES THE SCHOOL'S ESTIMATED ACCRUED PAYMENT AND INTEREST DUE TO THE GERMAN GOVERNMENT IN THE AMOUNT OF $1,223,044. FORM 990, PART XI, LINE 9: BAD DEBT -34,938. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.