2019-05-09T16:49:30-05:00 2018-06-30 954610626 KALLMANTHOMPSONLOGAN LLP 125 S BARRINGTON PLACE LOS ANGELES CA 90049 990 2017-07-01 951698608 OAKWOOD SCHOOL OAKW 8187323000 11600 MAGNOLIA BLVD NORTH HOLLYWOOD CA 91601 CHRISTOPHER B THOMAS CHIEF OPERATING OFFICER 8187323070 2019-04-24 1 STANLEY F SHIMOHARA CPA P00198926 3109091900 2019-04-24 69.75.52.98 2019-04-24 17:19:51 PD P 061D1CC0A738C13A43572440A23CDABEA57592BF 6597B12E83FAD2579C2497A928B09314282933DA 2017 2019-02-21 02:37:17Z JAMES A ASTMAN PHD 11600 MAGNOLIA NORTH HOLLYWOOD CA 91601 37323238 0 X WWW.OAKWOODSCHOOL.ORG X 1951 CA SEE SCHEDULE O OAKWOOD SCHOOL IS A NON-PROFIT EDUCATIONAL INSTITUTION LOCATED IN NORTH HOLLYWOOD, CALIFORNIA. THE SCHOOL'S OPERATIONS CONSIST PRINCIPALLY OF PROVIDING ELEMENTARY AND SECONDARY EDUCATIONAL SERVICES TO ITS STUDENTS. 26 26 375 131 0 5965 3989838 3790741 30541822 31592021 898370 1118366 282517 385206 35712547 36886334 3260889 3471692 0 0 19730093 21151280 0 0 1495896 9450129 10455700 32441111 35078672 3271436 1807662 87019849 88901503 18994739 17129953 68025110 71771550 X IN LIEU OF A MISSION STATEMENT, OAKWOOD SCHOOL HAS ADOPTED A STATEMENT OF PHILOSOPHY. SEE SCHEDULE O FOR DETAILS. 0 0 28546126 3471692 31592021 OAKWOOD SCHOOL PROVIDES ELEMENTARY AND SECONDARY EDUCATIONAL SERVICES THAT ARE RICH IN THE ARTS, SCIENCES AND HUMANITIES, AND CHALLENGING TO ITS STUDENTS' CREATIVE AND INTELLECTUAL CAPACITIES. THE SCHOOL PROMOTES THE ENHANCEMENT OF ITS STUDENTS' THOUGHT AND IMAGINATION, COMPETENCE AND CHARACTER AS INDIVIDUALS AND AS MEMBERS OF A SCHOOL COMMUNITY. 28546126 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 1 0 1 0 0 0 1 0 0 0 0 1 126 0 1 375 1 1 1 0 0 0 0 1 1 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X MR CHRISTOPHER THOMAS 8187323070 11600 MAGNOLIA BLVD NORTH HOLLYWOOD CA 91601 MARTA F KAUFFMAN TRUSTEE, CHAIR 0.00 X X 0 0 0 DAVID SIMON TRUSTEE, VICE CHAIR 0.00 X X 0 0 0 ADAM N FOGELSON TRUSTEE, TREASURER 0.00 X X 0 0 0 NANCY CARELL SECRETARY 0.00 X X 0 0 0 BRIDGET L BAKER TRUSTEE 0.00 X 0 0 0 MITCHELL BUTLER' 89 TRUSTEE 0.00 X 0 0 0 BRIAN DIAMOND TRUSTEE 0.00 X 0 0 0 KEN FRITZ TRUSTEE 0.00 X 0 0 0 KOUROSH GHASSEMIEH TRUSTEE 0.00 X 0 0 0 ADAM GOODMAN TRUSTEE 0.00 X 0 0 0 PHYLLIS GOTTLIEB TRUSTEE 0.00 X 0 0 0 WENDY J GREUEL TRUSTEE 0.00 X 0 0 0 KAYE POPOFSKY KRAMER TRUSTEE 0.00 X 0 0 0 ELIZABETH HIRSH NAFTALI ES' 76 TRUSTEE, PAST CHAIR 0.00 X 0 0 0 JEN LICHTMAN TRUSTEE 0.00 X 0 0 0 JEFFREY MARKOWITZ '82 TRUSTEE 0.00 X 0 0 0 BARBARA MARSHALL TRUSTEE 0.00 X 0 0 0 LINDA MAZUR TRUSTEE 0.00 X 0 0 0 EDWARD PERRON TRUSTEE, PAST CHAIR 0.00 X 0 0 0 IRA PIANKO TRUSTEE 0.00 X 0 0 0 REY RODRIGUEZ TRUSTEE 0.00 X 0 0 0 WILLIAM SHERAK TRUSTEE 0.00 X 0 0 0 GREG SILVERMAN TRUSTEE 0.00 X 0 0 0 ANDREW B SUGERMAN TRUSTEE 0.00 X 0 0 0 BONNIE VITTI TRUSTEE 0.00 X 0 0 0 LAURA A WASSER TRUSTEE 0.00 X 0 0 0 JAMES A ASTMAN PHD HEADMASTER 40.00 X 568007 0 37002 CHRISTOPHER B THOMAS CHIEF OPERATING OFFICER 40.00 X 259185 0 23292 MARGO LONG PRINCIPAL, ELEM. SCHOOL 40.00 X 201286 0 30933 KAREN BOWLAND DIRECTOR OF FINANCE 40.00 X 175129 0 22383 DAVID HAMMETT MATHEMATICS DEPARTMENT CHAIR 40.00 X 148535 0 20504 WENDY WEICKER DIRECTOR OF SUPPORT SERVIC 40.00 X 147656 0 23286 ERIC LEE DIRECTOR OF INFORMATION SY 40.00 X 147557 0 12447 NANCY GOLDBERG DIRECTOR OF ADMISSION K-6 40.00 X 142895 0 35966 NANCY LEPTUCH-VIRREY DIRECTOR OF ADVANCEMENT 40.00 X 140405 0 19635 1930655 0 225448 38 0 1 0 0 779952 3010789 210798 3790741 TUITION & FEES 611600 31592021 31592021 31592021 1116508 1116508 212656 210798 1858 1858 1858 68250 779952 226106 -157856 -157856 AFTER SCHOOL PROGRAMS & PARENT DU 900099 307958 307958 INCIDENTAL NET RENTAL INCOME FROM 532000 194282 194282 OTHER REVENUE 900099 40822 40822 543062 36886334 31592021 0 1503572 3471692 3471692 1916477 700687 1215790 14668470 12448313 1387572 832585 779741 683943 65023 30775 2653310 2132550 390595 130165 1133282 929568 147473 56241 19549 19549 49000 49000 103568 103568 419004 399311 11648 8045 291114 28540 262574 110640 8948 93052 8640 99700 99700 17478 17478 383415 383415 2091840 1993524 58153 40163 344152 332660 9679 1813 TRIPS & EXCURSIONS 947413 947413 SECURITY 885107 843507 24606 16994 EDUCATIONAL CLASSES 755678 755678 TUITION REMISSION 570361 570361 3367681 2327971 931809 107901 35078672 28546126 5036650 1495896 475 475 696457 1310714 884651 707185 16903 23902 25000 80000 156020 175955 55251033 15495799 40637339 39755234 14502845 11432404 28572867 33902921 0 1527292 1512713 87019849 88901503 2289455 2277995 2726913 2864046 11486 14488 13916885 11923424 50000 50000 18994739 17129953 X 57843629 62422868 6569926 5024568 3611555 4324114 68025110 71771550 87019849 88901503 1807662 1938778 0 X X 0 1 X 1 0 X 0 1 X 23639260 1124116 2013549 720501 72693 25983731 20323292 1326814 2722493 667991 65348 23639260 21198626 688598 -4704 596124 903384 59720 20323292 20568132 1179014 745957 510884 724109 59484 21198626 17184995 1097341 2791685 451766 54123 20568132 0.75010 0.16640 0.08350 0 0 16784260 16784260 31247398 14119028 17128370 2267480 1145638 1121842 4951895 231133 4720762 39755234 MULTI-STRATEGY EQUITY FD 22910174 F MULTI-STRATEGY BOND FUND 10992747 F 33902921 RESERVE FOR SELF INSURANCE 50000 50000 38825112 1938778 1938778 36886334 0 36886334 35078672 0 35078672 0 35078672 PART IV, LINE 2B: THIS IS A FUND HELD BY THE SCHOOL FOR THE CSSAD ADMISSIONS CONSORTIUM. DISBURSEMENTS FOR THE CONSORTIUM ARE TO BE MADE FROM THIS FUND, AND ANY REMAINDER LEFT AT THE END OF THE CUSTODIAL TERM WILL BE TURNED OVER TO THE NEXT CUSTODIAN. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PUBLIC ADVERTISEMENTS ARE PLACED IN CITYWIDE NEWSPAPER MEDIA ON AN ANNUAL BASIS TRIBUTE BOOK, DONATIONS & DINNER 607600 539350 68250 176556 SILENT & LIVE, AUCTION & LIVE SOLIC 240602 240602 49550 848202 779952 68250 226106 226106 -157856 1 FINANCIAL AID 132 3424689 47003 RETAIL PRICE BOOKS AND CALCULATORS PART I, LINE 2: FINANCIAL AID AWARDS REDUCE THE RECIPIENT'S TUITION AND MAY ALSO INCLUDE THE COST OF NON-TUITION EXPENSES SUCH AS BUS TRANSPORTATION, LUNCH, LAPTOP, BOOKS, AND OTHER QUALIFYING ITEMS. X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 JAMES A ASTMAN PHD HEADMASTER 494400 0 0 0 73607 0 24000 0 13002 0 605009 0 0 0 CHRISTOPHER B THOMAS CHIEF OPERATING OFFICER 232450 0 0 0 26735 0 12832 0 10460 0 282477 0 0 0 MARGO LONG PRINCIPAL, ELEM. SCHOOL 188505 0 0 0 12781 0 18900 0 12033 0 232219 0 0 0 KAREN BOWLAND DIRECTOR OF FINANCE 172717 0 0 0 2412 0 10350 0 12033 0 197512 0 0 0 DAVID HAMMETT MATHEMATICS DEPARTMENT CHAIR 147823 0 0 0 712 0 13304 0 7200 0 169039 0 0 0 WENDY WEICKER DIRECTOR OF SUPPORT SERVIC 144536 0 0 0 3120 0 10360 0 12926 0 170942 0 0 0 ERIC LEE DIRECTOR OF INFORMATION SY 146500 0 0 0 1057 0 11560 0 887 0 160004 0 0 0 NANCY GOLDBERG DIRECTOR OF ADMISSION K-6 137157 0 0 0 5738 0 14225 0 21741 0 178861 0 0 0 NANCY LEPTUCH-VIRREY DIRECTOR OF ADVANCEMENT 139994 0 0 0 411 0 10162 0 9473 0 160040 0 0 0 PART I, LINE 1A THE HEADMASTER IS PAID FOR THE USE OF HIS PERSONAL RESIDENCE FOR SCHOOL EVENTS AND MEETINGS. PART I, LINE 4B PERSON PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN UNDER IRC SEC. 457(B): JAMES ASTMAN AMOUNT OF DEFERRAL: 18,000. JAMES A ASTMAN PHD HEADMASTER HOME IMPROVEMENT X 160000 80000 0 1 1 CHRISTOPHER B THOMAS CHIEF OPERATING OFFICER HOME IMPROVEMENT X 75000 0 0 1 1 80000 MARLENE ASTMAN SPOUSE OF OFFICER OF OAKWOOD SCHOOL, JAMES A. ASTMAN 87515 COMPENSATION FOR WORK PERFORMED AS NURSE AND INSTRUCTOR 0 SCHEDULE L, PART II ON 05/15/2018, A $160,000 LOAN WAS MADE TO JAMES A. ASTMAN. ON JUNE 30, 2018, $80,000 OF PRINCIPAL, AND $224 OF INTEREST WERE FORGIVEN. THE $80,224 WHICH WAS FORGIVEN WAS INCLUDED ON JAMES A. ASTMAN'S 2018 FORM W-2 AS MISCELLANEOUS TAXABLE COMPENSATION AND INCLUDED IN SALARIES/WAGES. THIS ARRANGEMENT WAS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IN ACCORDANCE WITH ORGANIZATION'S BYLAWS. SCHEDULE L, PART II ON 06/10/2015, A $75,000 LOAN WAS MADE TO CHRISTOPHER B. THOMAS. ON JUNE 30, 2018, $25,000 OF PRINCIPAL, AND $425 OF INTEREST WERE FORGIVEN. THE $25,425 WHICH WAS FORGIVEN WAS INCLUDED ON CHRISTOPHER B. THOMAS'S 2018 FORM W-2 AS MISCELLANEOUS TAXABLE COMPENSATION AND INCLUDED IN SALARIES/WAGES. THIS ARRANGEMENT WAS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IN ACCORDANCE WITH ORGANIZATION'S BYLAWS. X 18 210798 FMV OF DONATED STOCKS 0 0 0 FORM 990, PART III, LINE 1: IN SUMMARY, OAKWOOD SCHOOL'S STATEMENT OF PHILOSOPHY STATES THAT IT INTENDS AN OAKWOOD EDUCATION: 1. TO GUIDE STUDENTS TOWARD MASTERY IN THEIR ACADEMIC, ARTISTIC, AND ATHLETIC ENDEAVORS. 2. TO SPARK PASSION. 3. TO CULTIVATE DEPTH OF CHARACTER. 4. TO HELP STUDENTS GAIN SELF-KNOWLEDGE. 5. TO FOSTER A SENSE OF COMMUNITY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD'S AUDIT COMMITTEE MET AND REVIEWED THE FORM 990 ON APRIL 22, 2019. THE FORM 990 HAS BEEN MADE AVAILABLE TO ALL TRUSTEES PRIOR TO MAY 10, 2019, AFTER WHICH THE TAX RETURN WILL BE FILED. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE ORGANIZATION DISTRIBUTES ITS CONFLICT OF INTEREST POLICY TO THE TRUSTEES AND OFFICERS. THE TRUSTEES AND OFFICERS ARE REQUIRED TO SIGN A STATEMENT THAT THEY ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES VARIOUS METHODS TO ESTABLISH COMPENSATION OF THE ORGANIZATION'S HEADMASTER AND C.O.O. THE METHODS INCLUDE REVIEW BY AN INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, ETC. ADDITIONALLY, THE COMPENSATION IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IN ACCORDANCE WITH THE ORGANIZATION'S BYLAWS FOR THE HEADMASTER'S COMPENSATION, AND BY THE HEADMASTER, THE BOARD CHAIR, AND THE CHAIR OF THE FINANCE COMMITTEE FOR THE COMPENSATION OF THE C.O.O. THIS PROCESS ORDINARILY OCCURS EVERY YEAR FOR THE C.O.O., AND WAS LAST UNDERTAKEN FOR THE 2017-2018 FISCAL YEAR. THE HEADMASTER'S CONTRACT HAS BEEN REVIEWED AND APPROVED THROUGH JUNE 30, 2019. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. SCHEDULE J, PART II: COMPENSATION AMOUNTS AND BENEFITS REPORTED IN SCHEDULE J, PART II, INCLUDE THE FOLLOWING: (1) $60,000 OF LOAN PRINCIPAL AND RELATED INTEREST OF $1,086 WHICH WAS OWED BY JAMES ASTMAN TO OAKWOOD SCHOOL WAS FORGIVEN ON JUNE 30, 2017. THE TOTAL PRINCIPAL AND INTEREST OF $61,086 IS SHOWN ON JAMES ASTMAN'S 2017 FORM W-2 AS MISCELLANEOUS TAXABLE COMPENSATION AND IS INCLUDED IN WAGES. THIS ARRANGEMENT IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IN ACCORDANCE WITH THE SCHOOL'S BYLAWS. (2) $25,000 OF LOAN PRINCIPAL AND RELATED INTEREST OF $850 WHICH WAS OWED BY CHRISTOPHER B. THOMAS TO OAKWOOD SCHOOL WAS FORGIVEN ON JUNE 30, 2017. THE TOTAL PRINCIPAL AND INTEREST OF $25,850 IS SHOWN ON CHRISTOPHER B. THOMAS'S 2017 FORM W-2 AS MISCELLANEOUS TAXABLE COMPENSATION AND IS INCLUDED IN WAGES. THIS ARRANGEMENT IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IN ACCORDANCE WITH THE SCHOOL'S BYLAWS. HARTSOOK HOLDINGS LLC 11600 MAGNOLIA BLVD NORTH HOLLYWOOD CA 91601 REAL ESTATE PROPERTIES HELD FOR FUTURE SCHOOL EXPANSION-TEMP. RENTED CA 165866 2568446 OAKWOOD SCHOOL