2019-05-15T14:05:15-05:00 2018-06-30 111986323 MARCUM LLP 1 MONTGOMERY STREET SUITE 1700 SAN FRANCISCO CA 94104 990 2017-07-01 942427286 ECOLE BILINGUE ECOL 5105493867 1009 HEINZ AVENUE BERKELEY CA 94710 MEHDI LAZAR HEAD OF SCHOOL 5105493867 2019-05-15 1 ROGER BULOSAN P00221282 4154326200 64.124.51.210 2019-05-15 10:53:34 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 8DB6298DFFB9F30D04C102D5853B3391BD590527 2017 2019-02-21 02:37:17Z ECOLE BILINGUE DE BERKELEY MEHDI LAZAR 1009 HEINZ AVENUE BERKELEY CA 94710 14762588 0 X WWW.EB.ORG X 1977 CA ECOLE BILINGUE DBA ECOLE BILINGUE DE BERKELEY (THE SCHOOL), IS AN INDEPENDENT, NON-PROFIT ORGANIZATION OPERATING AS A CO-EDUCATIONAL PREPARATORY DAY SCHOOL WITH CLASSES FROM PRE-KINDERGARTEN THROUGH EIGHTH GRADE FOR APPROXIMATELY 501 STUDENTS. THE SCHOOL IS LOCATED IN BERKELEY, CALIFORNIA AND WAS INCORPORATED IN 1977. THE BOARD OF TRUSTEES SERVES AS AN OVERSIGHT AND POLICY MAKING BODY FOR THE SCHOOL.THE SCHOOL IS ORGANIZED AND OPERATED FOR THE PURPOSE OF PROVIDING EDUCATIONAL SERVICES. 19 19 141 0 0 0 486084 613276 13503690 13269911 89889 140538 235215 235814 14314878 14259539 3103872 2637342 0 0 8028813 8524219 0 0 470102 3072532 2683946 14205217 13845507 109661 414032 30549640 31317664 23552275 23907952 6997365 7409712 X ECOLE BILINGUE DE BERKELEY EDUCATES A DIVERSE POPULATION OF BOYS AND GIRLS, INSPIRING THEM TO STRIVE FOR ACADEMIC EXCELLENCE AND TO DEVELOP A HIGH SENSE OF PERSONAL AND SOCIAL RESPONSIBILITY.WE OFFER A CHALLENGING AND RIGOROUS COURSE OF STUDY IN BOTH FRENCH AND ENGLISH, SET IN A MULTICULTURAL ENVIRONMENT.WE SUPPORT EACH STUDENT IN THE ACQUISITION OF SKILLS AND THE DEVELOPMENT OF CHARACTER NECESSARY FOR CITIZENSHIP IN AN INCREASINGLY COMPLEX WORLD. 0 0 11429796 2637342 13315534 ECOLE BILINGUE DE BERKELEY IS A BILINGUAL SCHOOL (FRENCH-ENGLISH) SPANNING PRESCHOOL TO 8TH GRADE, INSPIRING A DIVERSE POPULATION OF APPROXIMATELY 501 STUDENTS TO STRIVE FOR ACADEMIC EXCELLENCE AND TO DEVELOP A HIGH SENSE OF PERSONAL AND SOCIAL RESPONSIBILITY. THE SCHOOL OFFERS A CHALLENGING AND RIGOROUS COURSE OF STUDY IN BOTH FRENCH AND ENGLISH, SET IN A MULTICULTURAL ENVIRONMENT. SINCE 1977, ECOLE BILINGUE SUPPORTS EACH STUDENT IN THE ACQUISITION OF SKILLS AND THE DEVELOPMENT OF CHARACTER NECESSARY FOR CITIZENSHIP IN AN INCREASINGLY COMPLEX WORLD. 11429796 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 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 0 0 0 0 0 0 0 0 0 1 30 0 141 1 1 1 1 FR 0 0 0 1 1 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X ANTOINE PORTALES 5105493867 1009 HEINZ AVENUE BERKELEY CA 94710 JEFF LOUSTAU SECRETARY 2.00 X X 0 0 0 NICK WAUGH TREASURER 2.00 X X 0 0 0 ALEXANDRA THUSY-PRIVAT MEMBER AT LARGE 2.00 X 0 0 0 MICHAEL PINCUS MEMBER AT LARGE 2.00 X 0 0 0 STEPHANIE WALTON DEVELOPMENT COMMITTEE CO-CHAIR 2.00 X 0 0 0 JEAN-PHILLIPPE KOUAKOU-ZEBOUAH TRUSTEE 2.00 X 0 0 0 AARON ROSS TRUSTEE 2.00 X 0 0 0 PRIA HIDISYAN TRUSTEE 2.00 X 0 0 0 STEVE LEVINE TRUSTEE 2.00 X 0 0 0 BRIAN TURNER PARENTS' ASSOCIATION ANGLOPHONE CO-PRESIDENT 2.00 X 0 0 0 PAUL-ANDRE ABBOUD TRUSTEE 2.00 X 0 0 0 JAIME ARAUJO-BEZIAN MARKETING COMMITTEE CO-CHAIR 2.00 X 0 0 0 CHRISTINE BELIVEAU TRUSTEE 2.00 X 0 0 0 ANTOINE CARRIERE TRUSTEE 2.00 X 0 0 0 EMMA GIMON BOARD CHAIR 2.00 X X 0 0 0 PASCAL HOFFMANN TRUSTEE 2.00 X 0 0 0 STEPHANIE SULLIVAN DEVELOPMENT COMMITTEE CO-CHAIR 2.00 X 0 0 0 KARINE TRIPIER PARENTS' ASSOCIATION FRANCOPHONE CO-PRESIDENT 2.00 X 0 0 0 MARK WESTOVER VICE CHAIR 2.00 X X 0 0 0 ANTOINE PORTALES DIRECTOR OF BUSINESS AND F 40.00 X 185927 0 25958 MEHDI LAZAR HEAD OF SCHOOL (FR 7/1/17) 40.00 X 146881 0 12146 DOMINIQUE VELOCITER ACTING HEAD OF SCHOOL (TO 6/30/17) 40.00 X 147240 0 13586 FREDERIC CANADAS HEAD OF SCHOOL (TO 6/30/17) 40.00 X 251222 0 17514 FLORENCE KRAGEN DEVELOPMENT DIRECTOR 40.00 X 143175 0 22226 THIERRY DURANDARD ASSISTANT HEAD OF SCHOOL 40.00 X 149321 0 20573 1023766 0 112003 6 0 1 0 AL'S BUILDING MAINTENANCE 4960 ELROD DRIVE CASTRO VALLEY CA 94546 JANITORIAL SERVICES 196575 CALPARRIO TRAVEL 323 GEARY STREET STE 201 SAN FRANCISCO CA 94102 TRAVEL SERVICES 141407 2 55429 557847 613276 TUITION AND FEES 611710 12857660 12857660 EXTENDED DAY CARE AND CAMPS 611710 313507 313507 AFTER SCHOOL AND ATHLETICS ACTIVI 611710 76225 76225 SUMMER CAMP 611710 22519 22519 13269911 141340 141340 153265 0 153265 153265 153265 424205 1663 424117 2553 88 -890 -802 -802 76379 55429 76379 0 36926 0 36926 36926 MISCELLANEOUS INCOME 611710 45623 45623 45623 14259539 13315534 0 330729 2637342 2637342 473296 139146 292406 41744 6224032 5224670 743406 255956 317427 272259 33444 11724 956111 665594 254900 35617 553353 460976 71382 20995 54201 54201 76093 76093 69095 38524 30571 88638 88638 46885 20978 25907 14795 13907 740 148 47826 18182 10203 19441 12066 12066 578759 544033 28938 5788 564917 536005 24093 4819 91258 73194 17534 530 MISCELLANEOUS 325808 266970 42771 16067 LIBRARY AND OTHER 279312 191541 45037 42734 SUPPLIES 139523 118798 12923 7802 TEXTBOOKS 109189 109189 185581 98488 80356 6737 13845507 11429796 1945609 470102 3960 3960 6175652 3182392 48466 36307 5925530 6027688 45319 44298 22978938 6419134 16837410 16559804 1421830 5324071 91473 139144 30549640 31317664 1249910 1345420 9699492 10227594 6789408 6638788 17516 24330 5657650 5541704 138299 130116 23552275 23907952 X 6484446 6816168 179184 221123 333735 372421 6997365 7409712 30549640 31317664 X 414032 -1685 X X 0 1 X 1 0 X 0 1 X 333735 29107 9579 372421 305164 11251 17320 333735 293286 8817 3061 305164 275293 17821 172 293286 182247 80782 12264 275293 0 0 7316819 7316819 10449110 3439087 7010023 2634128 2233423 400705 2578881 746624 1832257 16559804 DEPOSITS 5130 CAPITAL LEASE OBLIGATIONS 124986 130116 X 12104898 0 12104898 2154641 2154641 14259539 11692551 0 11692551 2152956 2152956 13845507 PART IV, LINE 2B: THE SCHOOL HOLDS FUNDS FOR THE PARENTS' ASSOCIATION AND STUDENT COUNCIL. PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSIST OF THREE FUNDS, THE ECOLE BILINGUE ENDOWMENT FUND (PREVIOUSLY KNOWN AS SILVER JUBILEE ENDOWMENT FUND), THE FUND FOR EXCELLENCE, AND THE CLASS GIFT ENDOWMENT FUND, ALL ESTABLISHED TO PROVIDE SUPPORT TO THE SCHOOL IN PERPETUITY. THE ENDOWMENT INCLUDES DONOR-RESTRICTED ENDOWMENT FUNDS ONLY. THE SCHOOL WILL BE ENTITLED TO RECEIVE A DISTRIBUTION OF 4% ABOVE THE INFLATION RATE OVER THE PREVIOUS 36 MONTH PERIOD PROVIDED THAT THE DISTRIBUTION IS GREATER THAN $10,000 PER YEAR AND DOES NOT INVADE PRINCIPAL. IF THE DISTRIBUTION IS LESS THAN $10,000, THE INVESTMENT INCOME WILL BE REINVESTED TO PRINCIPAL. THERE WERE NO DISTRIBUTIONS MADE FROM THE INCEPTION OF THE GIFT THROUGH THE YEAR ENDED JUNE 30, 2018. AS REQUIRED BY U.S. GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. INTERPRETATION OF RELEVANT LAW THE BOARD OF TRUSTEES OF THE SCHOOL HAS INTERPRETED CALIFORNIA'S ENACTED VERSION OF THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT ("UPMIFA") AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE SCHOOL CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUND THAT IS NOT CLASSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE SCHOOL IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY UPMIFA. IN ACCORDANCE WITH UPMIFA, THE SCHOOL CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: (1) THE DURATION AND PRESERVATION OF THE FUND (2) THE PURPOSES OF THE SCHOOL AND THE DONOR-RESTRICTED ENDOWMENT FUND (3) GENERAL ECONOMIC CONDITIONS (4) THE POSSIBLE EFFECT OF INFLATION AND DEFLATION (5) THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS (6) OTHER RESOURCES OF THE SCHOOL (7) THE INVESTMENT POLICIES OF THE SCHOOL. RETURN OBJECTIVES AND RISK PARAMETERS THE SCHOOL HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE SCHOOL EXPECTS ITS ENDOWMENT FUNDS, OVER TIME, TO ACHIEVE A RATE OF RETURN BETTER THAN OR EQUAL TO A NET 4% OVER AND ABOVE THE RATE OF INFLATION, AS MEASURED BY THE CONSUMER PRICE INDEX OF THE AVERAGE MARKET VALUE OF THE FUND COMPUTED OVER THE MOST RECENT 36 MONTHS. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. STRATEGIES EMPLOYED FOR ACHIEVING OBJECTIVES TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE SCHOOL RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE SCHOOL TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACES EMPHASIS ON FIXED INCOME AND EQUITY-BASED INVESTMENTS TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. SPENDING POLICY AND HOW THE INVESTMENT OBJECTIVES RELATE TO SPENDING POLICY THE SCHOOL HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR AS DESCRIBED IN THE FIRST PARAGRAPH. IN ESTABLISHING THIS POLICY, THE SCHOOL CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMENT. THIS IS CONSISTENT WITH THE SCHOOL'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY OR FOR A SPECIFIED TERM AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. PART X, LINE 2: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITION AND CONCLUDED IT MAINTAINED ITS 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 2014 THROUGH 2017 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. IN ADDITION, THE 2013 THROUGH 2017 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE CALIFORNIA FRANCHISE TAX BOARD. HOWEVER, MANAGEMENT IS UNAWARE OF ANY PENDING EXAMINATIONS NOR ARE THERE ANY IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,154,641. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,154,641. NET UNREALIZED LOSS ON FOREIGN HOLDINGS -1,685. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY WAS PUBLISHED IN THE SAN FRANCISCO CHRONICLE ON JUNE 7, 2018, A PUBLICATION THAT SERVES THE SAN FRANCISCO BAY AREA. THE POLICY IS ALSO PUBLISHED IN THE SCHOOL'S BROCHURE AND ON THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE FRENCH GOVERNMENT GIVES FINANCIAL AID TO ITS CITIZENS. THE SCHOOL RECEIVES THE FUNDS AND APPLIES THEM TO THE ELIGIBLE STUDENTS AS DIRECTED BY THE FRENCH GOVERNMENT. X X X X X 1 CHAD CARVEY PRINCIPAL AUCTIONEER PO BOX 729 MILL VALLEY CA 94942 AUCTIONEER AT AUCTION EVENT 0 0 0 0 CA MARCHE 19731 1726 18005 AUCTION 112077 53703 58374 131808 55429 76379 76379 CA 0 SCHOOLS ARE EXEMPT FROM THE REGISTRATION AND REPORTING REQUIREMENTS IN CALIFORNIA. 0 0 0 1.00000 ADVANCEMENT OFFICE 1009 HEINZ AVENUE BERKELEY CA 94710 0 0 1 FINANCIAL AID FOR VARIOUS INDIVIDUALS 217 2637342 FMV FINANCIAL AID AND TUITION REMISSION PART I, LINE 2: THE SCHOOL APPLIES FINANCIAL AID AND TUITION REMISSION TO STUDENTS' TUITION BILLINGS AND IT IS USED SOLELY TO REDUCE THE AMOUNT OF THEIR TUITION. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 ANTOINE PORTALES DIRECTOR OF BUSINESS AND F 165602 0 0 0 20325 0 0 0 25958 0 211885 0 0 0 MEHDI LAZAR HEAD OF SCHOOL (FR 7/1/17) 146881 0 0 0 0 0 0 0 12146 0 159027 0 0 0 DOMINIQUE VELOCITER ACTING HEAD OF SCHOOL (TO 6/30/17) 117779 0 15000 0 14461 0 0 0 13586 0 160826 0 0 0 FREDERIC CANADAS HEAD OF SCHOOL (TO 6/30/17) 251222 0 0 0 0 0 0 0 17514 0 268736 0 0 0 FLORENCE KRAGEN DEVELOPMENT DIRECTOR 134292 0 0 0 8883 0 0 0 22226 0 165401 0 0 0 THIERRY DURANDARD ASSISTANT HEAD OF SCHOOL 149321 0 0 0 0 0 0 0 20573 0 169894 0 0 0 PART I, LINE 1A DISCRETIONARY SPENDING ACCOUNT EXPENSES ARE FOR SCHOOOL RELATED ACTIVITIES, NOT FOR THE INDIVIDUALS' BENEFIT. A ABAG FINANCE AUTHORITY FOR NONPROFIT CORPORATIONS 943130123 2012-04-01 7850000 REDEEM SERIES 2009 BONDS, PARTIAL PAYOFF OF NOTE, REFINANCING OF PROPERTY 0 0 0 B ABAG FINANCE AUTHORITY FOR NONPROFIT CORPORATIONS 943130123 2013-09-25 1900000 FUND CAPITAL EXPENDITURES FOR THE ACQUISITION OF PROPERTY AT NINTH STREET 0 0 0 C ABAG FINANCE AUTHORITY FOR NONPROFIT CORPORATIONS 943130123 2014-07-01 1600000 FUND CAPITAL EXPENDITURES FOR THE ACQUISITION OF PROPERTY AT NINTH STREET 0 0 0 A 7850000 275886 7574114 2012 0 0 1 1 B 1900000 57028 1842972 2013 0 0 1 1 C 1600000 1600000 2014 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 FORM 990, PART VI, SECTION B, LINE 11B AUDIT IS REVIEWED BY THE FINANCE COMMITTEE. THE 990 IS COMPLETED BY THE SAME CPA WHO COMPLETED THE AUDIT AND RESULTS FROM THE AUDIT ARE USED IN THE 990. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES SIGN AGREEMENTS INDICATING THE NON-EXISTENCE OR EXISTENCE OF CONFLICTS OF INTERESTS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE DECIDES THE HEAD OF SCHOOL'S SALARY AND APPROVES THE BUSINESS MANAGER'S SALARY. STATISTICS FROM INDEPENDENT SCHOOLS BUSINESS OFFICERS ASSOCIATION (90 LOCAL INDEPENDENT SCHOOLS) ARE USED TO DETERMINE REASONABLE COMPENSATION BASED ON FACTORS SUCH AS SIZE OF THE STUDENT BODY, DEMOGRAPHICS, TENURE, ETC. FORM 990, PART VI, SECTION C, LINE 19 FINANCIALS AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: NET UNREALIZED LOSS ON FOREIGN HOLDINGS -1,685. FORM 990, PART XII, LINE 2C: THERE IS NO CHANGE IN THE PROCESS FROM PRIOR YEARS.