2018-12-12T12:33:30-06:00 2018-07-31 410746749 CLIFTONLARSONALLEN LLP 6501 AMERICAS PARKWAY NE SUITE 500 ALBUQUERQUE NM 87110 990 2017-08-01 850196115 SANDIA SCHOOL SAND 5053383000 532 OSUNA NE ALBUQUERQUE NM 87113 DACIA CARD CPA BUSINESS MANAGER 5053383000 2018-12-06 1 STEPHEN E LIVINGSTON CPA P00317845 5058428290 67.137.57.251 2018-12-06 10:54:10 MS P 2482BFA7838FF1F55947213A36DFFBBAF5F832DA 967C7C4C3343B33DAA0A4B8B4ED8D287A98B8455 2017 2019-02-21 02:37:17Z SANDIA PREPARATORY SCHOOL BILL SINFIELD 532 OSUNA NE ALBUQUERQUE NM 87113 16692273 0 X WWW.SANDIAPREP.ORG X 1965 NM ACADEMICS ARE OUR TOP PRIORITY, BALANCE IS OUR CORE VALUE, AND COMMUNITY MAKES US WHO WE ARE. OUR CHALLENGING, INNOVATIVE PROGRAM PREPARES EACH STUDENT FOR SUCCESS IN COLLEGE - AND BEYOND - AND INSPIRES EACH STUDENT TO FIND AND ACHIEVE HIS OR HER PURPOSE IN THE WORLD. 22 22 283 320 0 0 802102 1010047 12651105 12202790 254215 314131 481703 460936 14189125 13987904 3291810 3352172 0 0 7194717 6694882 0 0 249559 3992685 4020247 14479212 14067301 -290087 -79397 27677792 27589012 13387727 12783920 14290065 14805092 X SEE SCHEDULE O 0 0 7856284 12124475 INSTRUCTION - SANDIA PREP IS AN INDEPENDENT PRIVATE SCHOOL THAT SERVES APPROXIMATELY 525 DAY STUDENTS IN GRADES 6-12. SANDIA PREP PROVIDES REMARKABLE OPPORTUNITIES FOR INTELLECTUAL AND PERSONAL GROWTH WITHIN A CHALLENGING AND BALANCED PROGRAM. OUR INNOVATIVE COLLEGE PREP CURRICULUM PREPARES STUDENTS FOR SUCCESS IN COLLEGE AND BEYOND, AND INSPIRES EACH TO FIND AND ACHIEVE HIS OR HER PURPOSE IN THE WORLD. 3352172 3352172 FINANCIAL ASSISTANCE - SANDIA PREP PROVIDES TUITION REMISSION AND FINANCIAL ASSISTANCE TO STUDENTS WHO WOULD NOT OTHERWISE BE ABLE TO ATTEND. THE FINANCIAL ASSISTANT EXPENSES HELP FAMILIES PAY FOR THEIR STUDENTS TO ATTEND SANDIA PREP AND COMPRISE 40% OF THE STUDENT BODY. 422814 469100 SUMMER PROGRAMS - SANDIA PREP OFFERS A SUMMER PROGRAM THAT PROVIDES A SAFE AND EDUCATIONALLY CHALLENGING ENVIRONMENT FOR YOUNGER STUDENTS AND OUR CURRENT STUDENTS. OUR SUMMER PROGRAM RECENTLY SERVED 470 STUDENTS FROM AGES 4 TO 16. 11631270 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 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 X 28 0 1 283 1 0 0 0 0 0 1 1 0 0 0 1 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD NH X X DACIA CARD CPA 5053383000 532 OSUNA RD NE ALBUQUERQUE NM 87113 LAURA CALKINS TRUSTEE BEG 6/2018 5.00 X 0 0 0 KRISTOFOR KITE TRUSTEE BEG 6/2018 5.00 X 0 0 0 ED MANZANARES TRUSTEE BEG 6/2018 5.00 X 0 0 0 DOUG CLARK TRUSTEE, VICE-CHAIR BEG 6/2018 5.00 X X 0 0 0 DALE MAXWELL TRUSTEE BEG 6/2018 5.00 X 0 0 0 SHARI CORDOVA TRUSTEE 5.00 X 0 0 0 LISA MITCHELL TRUSTEE BEG 6/2018 5.00 X 0 0 0 SUSAN PRZEKURAT EPSTEIN TRUSTEE 5.00 X 0 0 0 JENNY PITCHFORD TRUSTEE BEG 6/2018 5.00 X 0 0 0 TINA VOLZER TRUSTEE BEG 6/2018 5.00 X 0 0 0 LINDA KIER TRUSTEE 5.00 X 0 0 0 ELIZABETH KIRSCHNER CHAIR TO 6/2018, PAST CHAIR 5.00 X X 0 0 0 JEFF LAWRENCE TRUSTEE 5.00 X 0 0 0 PATRICK WESTERFIELD SECRETARY 5.00 X X 0 0 0 ED STREET TRUSTEE 5.00 X 0 0 0 VAHID STAPLES TREASURER 5.00 X X 0 0 0 RAY NELSON TRUSTEE 5.00 X 0 0 0 AL PARK TRUSTEE 5.00 X 0 0 0 TODD SANDOVAL VICE-CHAIR TO 6/2018, CHAIR 5.00 X X 0 0 0 BRANDON SAYLOR TRUSTEE 5.00 X 0 0 0 DOMINIC SERNA TRUSTEE 5.00 X 0 0 0 TIARE TAWIL TRUSTEE BEG 6/2018 5.00 X 0 0 0 PATRICK D ALLEN TRUSTEE TO 6/2018 5.00 X 0 0 0 PETE HENDERSON TRUSTEE TO 6/2018 5.00 X 0 0 0 JERRY M LOVATO TRUSTEE TO 6/2018 5.00 X 0 0 0 APRIL CAMILLI MARKER TRUSTEE TO 6/2018 5.00 X 0 0 0 BILL SINFIELD HEAD OF SCHOOL 40.00 X 219981 0 34865 DACIA CARD CPA BUSINESS MANAGER 40.00 X 99542 0 5670 JULIE COOK DIRECTOR OF DEVELOPMENT 40.00 X 111992 0 6294 431515 0 46829 2 0 1 0 0 92931 917116 121325 1010047 STUDENT TUITION & FEES 611710 11713240 11713240 SUMMER PROGRAM 611710 469100 469100 REGISTRATION FEES 611710 20450 20450 12202790 168183 168183 32533 16197 16336 16336 16336 2738739 2592791 145948 145948 145948 149196 92931 95381 53815 53815 OTHER INCOME 611710 390785 390785 390785 13987904 12593575 0 384282 X 3352172 3352172 360058 76454 207150 76454 5256973 3924219 1263279 69475 207580 153020 52495 2065 446774 333743 108676 4355 423497 303029 110179 10289 9678 9678 59151 59151 37292 37292 60995 60995 86971 61767 22627 2577 75453 53990 19630 1833 298071 287903 9386 782 333593 322214 10504 875 949350 916571 28494 4285 142951 138075 4501 375 SUMMER PROGRAMS 422814 422814 REPAIRS AND MAINTENANCE 400893 387218 12623 1052 INSTRUCTIONAL EXPENSE 355947 355947 CAFETERIA EXPENSES 309437 298882 9743 812 477651 243252 160069 74330 14067301 11631270 2186472 249559 3008 2951 3490860 3748634 224583 356005 228383 182871 165543 165777 112943 116334 30649136 14528225 16805806 16120911 6479364 6740756 167302 154773 27677792 27589012 302490 228024 4471754 4759892 7494037 7063158 1119446 732846 13387727 12783920 X 8688894 8760982 1347096 1686237 4254075 4357873 14290065 14805092 27677792 27589012 X -79397 193846 400578 X X 0 1 X 1 0 X X 1 33.95 1 1 10.00 6829061 103798 456741 326282 7063318 6495207 55451 587347 308944 6829061 6421032 210130 166606 302561 6495207 6531983 4120 171845 286916 6421032 5133741 1108325 595314 305397 6531983 0.24440 0.61700 0.13860 0 0 1643329 1643329 23187964 10656396 12531568 2616095 2034779 581316 3201748 1837050 1364698 16120911 CAPITAL LEASE LIABILITY 7528 INTEREST RATE SWAP CONTRACT 698761 STUDENT DEPOSITS 26557 732846 13937202 193846 -318833 -124987 14062189 37293 -111578 -74285 13987904 13422175 111578 111578 13310597 37293 719411 756704 14067301 PART II, LINE 3: THE ORGANIZATION HELD 1 PROPERTY WITH CONSERVATION EASEMENTS ATTACHED THAT THEY HAD OBTAINED ON THE PROPERTIES. PART II, LINE 5: THE SCHOOL COMPLETED A POLICY AFTER 7/31/11 FOR MONITORING, INSPECTION, AND ENFORCEMENT OF THE CONSERVATION EASEMENTS IT HOLDS. PART II, LINE 9: THERE IS NO REVENUE ASSOCIATED WITH THE EASEMENT. THE EXPENSES ARE RECOGNIZED AS THEY ARE INCURRED. THE ESTIMATED VALUE OF THE LAND SUBJECT TO A CONSERVATION EASEMENT IS CARRIED AS AN ASSET (NON-DEPRECIABLE LAND) ON THE BALANCE SHEET OF THE SCHOOL. THE ORGANIZATION RECEIVED THE EASEMENT PROPERTY IN TWO INSTALLMENTS IN DECEMBER 2007 AND JUNE 2008. PART V, LINE 4: THE SCHOOL'S ENDOWMENT PRIMARILY COMES FROM DONOR GIFTS, SO IT IS THE SCHOOL'S POLICY TO USE THE FUNDS IN ACCORDANCE WITH THE DONOR INTENT. FUNDS ARE INVESTED TO YIELD BOTH CASH INCOME AND APPRECIATE IN VALUE. ANNUAL DISTRIBUTIONS, 5% OF THE THREE YEAR AVERAGE BALANCE, SUPPORT THE VARIOUS PROGRAMS OF THE SCHOOL AS SPECIFIED BY THE DONOR, OR GENERAL SCHOOL OPERATIONS, IF THE GIFT WAS UNRESTRICTED. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN (LOSS) ON INTEREST RATE SWAP AGREEMENT 400,578. TUITION REMISSION DEDUCTED FROM TUITION REVENUE ON FINANCIAL STATEMENTS -719,411. PART XI, LINE 4B - OTHER ADJUSTMENTS: ADDITIONAL RENTAL EXPENSES DEDUCTED FROM RENTAL INCOME ON 990 -16,197. SPECIAL EVENT EXPENSES DEDUCTED FROM REVENUES ON 990 -95,381. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADDITIONAL RENTAL EXPENSES DEDUCTED FROM RENTAL INCOME ON 990 16,197. SPECIAL EVENT EXPENSES DEDUCTED FROM REVENUES ON 990 95,381. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION DEDUCTED FROM TUITION REVENUE ON FINANCIAL STATEMENTS 719,411. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 SANDIA PREPARATORY SCHOOL COMMUNICATES ITS NONDISCRIMINATORY POLICY ON ITS WEBSITE, IN THE ADMISSION BROCHURE, IN THE STUDENT HANDBOOK, THROUGH PAID ADVERTISING IN LOCAL NEWSPAPERS AND ALL NEWS RELEASES AND MEDIA ALERTS. ANNUAL GOLF TOURNAMENT 34405 23865 10540 500 960 13218 254 4753 NOCHE ANNUAL GIVING EVENT GALA 207722 69066 138656 4449 33557 350 37340 242127 92931 149196 500 960 17667 33811 350 42093 95381 53815 1 TUITION REMISSION 38 719411 REDUCTION OF TUITION DUE FINANCIAL AID 220 2632761 REDUCTION OF TUITION PART I, LINE 2: APPLICANTS FOR FINANCIAL AID MUST SUBMIT CERTAIN FINANCIAL INFORMATION TO AN OUTSIDE SERVICE (SCHOOL & STUDENT SERVICE IN PRINCETON, NJ) WHICH ESTABLISHES A LEVEL OF NEED FOR AID, BASED ON THE FAMILY'S TOTAL FINANCIAL SITUATION. WITH THIS BASIC INFORMATION, THE SANDIA PREPARATORY SCHOOL FINANCIAL AID COMMITTEE, HEREIN "COMMITTEE", CONSIDERS EACH CASE ON ITS MERITS, TAKING INTO ACCOUNT ALL ADDITIONAL AVAILABLE INFORMATION. THE MAIN FACTORS CONSIDERED RELATIVE TO EACH STUDENT ARE FINANCIAL NEED, GRADE LEVEL AND SPACE AVAILABLE IN THAT GRADE, SCHOLASTIC ACHIEVEMENT OF THE STUDENT, THE STUDENT'S CONTRIBUTION TO THE LIFE OF THE SCHOOL, AND THE LENGTH OF TIME THE STUDENT HAS BEEN AT THE SCHOOL. THE COMMITTEE SETS PRELIMINARY GUIDELINES FOR THE AMOUNTS TO BE AWARDED IN EACH GRADE. THESE LIMITS MAY BE ADJUSTED AS THE COMMITTEE PROCEEDS WITH THE DETERMINATION OF FINANCIAL AID GRANTS. X X 1 0 X X 0 0 0 0 0 0 0 0 0 BILL SINFIELD HEAD OF SCHOOL 210000 0 0 0 9981 0 10800 0 24065 0 254846 0 0 0 PART I, LINE 1A THE HEAD OF THE SCHOOL RECEIVES A VEHICLE ALLOWANCE THAT IS GROSSED UP FOR TAXES. A VILLAGE OF LOS RANCHOS DE ALBUQUERQUE 850236091 2007-08-17 10000000 CONSTRUCTION OF GYM, CLASSROOMS, PERFORMING ARTS, INSTRUCTIONAL SPACES 0 0 0 A 2936842 10000000 77025 8000000 1922975 2009 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 1 1 COMPASS BANK 20.000000000000 0 0 0 0 0 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: VILLAGE OF LOS RANCHOS DE ALBUQUERQUE DATE THE REBATE COMPUTATION WAS PERFORMED: 03/31/2014 X SUPPLIES 36 96985 ESTIMATED FMV X MISC EQUIP 2 20540 ESTIMATED FMV X FR PRIZES 1 3800 ESTIMATED FMV X FR AUCTION ITEMS 126 0 SEE PART III 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF DONORS ARE LISTED FOR THE SUPPLIES, MISC EQUIPMENT AND FUNDRAISING PRIZES. THE NUMBER OF ITEMS ARE LISTED FOR FUNDRAISING PRIZES AND AUCTION ITEMS. PART I, LINE 33: THE ORGANIZATION DOES NOT RECORD CONTRIBUTION REVENUE WHEN FUNDRAISING AUCTION ITEMS ARE DONATED DUE TO THE UNCERTAINTITY OF THE VALUES. THE ORGANIZATION REPORTS THE REVENUES FROM THE AUCTION SALE OF THE ITEMS WHEN THEY ARE SOLD. THESE REVENUES HAVE BEEN INCLUDED ON SCHEDULE G. FORM 990, PART III, LINE 1 THE JOY OF LIVING AND LEARNING IS AT THE CENTER OF ALL WE DO. SANDIA PREPARATORY SCHOOL PROVIDES REMARKABLE OPPORTUNITIES FOR INTELLECTUAL AND PERSONAL GROWTH WITHIN A CHALLENGING AND BALANCED PROGRAM. AS AN EXTENSION OF OUR FAMILIES, SANDIA PREP'S DIVERSE COMMUNITY INSPIRES STUDENTS TO FIND THEIR ACADEMIC FOCUS, TALENTS, AND CREATIVITY. FORM 990, PART V, LINE 7H: THE ORGANIZATION RECEIVED A VEHICLE DONATION IN 2018 FOR WHICH THEY WILL BE FILING THE FORM 1098-C WITH THE IRS BY 2/28/2019 AS REQUIRED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BUSINESS MANAGER, THEN BY THE FINANCE COMMITTEE. AFTER ANY REQUIRED REVISIONS ARE MADE, IT IS THEN PRESENTED TO THE ENTIRE BOARD FOR THEIR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM EACH YEAR WHICH EXPLAINS THE OCCASIONS THAT MIGHT GIVE RISE TO CONFLICTS AND THE ANSWERS ARE REVIEWED BY THE BUSINESS MANAGER. ANY TRUSTEE WITH A POTENTIAL CONFLICT OF INTEREST IS INSTRUCTED NOT TO VOTE ON ANY BOARD PROPOSALS THAT PERTAIN TO THE AREA OF CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE HEAD OF SCHOOL'S COMPENSATION IS DETERMINED BY AN INDEPENDENT BOARD OF TRUSTEES. KEY EMPLOYEE COMPENSATION IS DETERMINED BY THE HEAD OF SCHOOL. THE SCHOOL USES INFORMATION DERIVED FROM ITS PROFESSIONAL MEMBERSHIP ORGANIZATIONS FOR USE IN SETTING PARAMETERS FOR THE HEAD OF SCHOOL'S SALARY. OTHER SALARIES ARE ESTABLISHED WITHIN BUDGETARY CONSTRAINTS AND CLOSELY FOLLOW THE LOCAL MARKET RATES FOR SIMILAR POSITIONS. THE DETERMINATION AND APPROVAL OF COMPENSATION FOR THE HEAD OF SCHOOL IS PROPERLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BASED UPON SPECIFIC REQUESTS BY INDIVIDUALS OR ORGANIZATIONS. FORM 990, PART IX, LINE 24E STUDENT ACTIVITIES: PROGRAM SERVICE EXPENSES 246,539. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 246,539. ADMINISTRATIVE EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 155,375. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 155,375. FUNDRAISING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 139,287. TOTAL EXPENSES 139,287. BAD DEBTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 29,986. TOTAL EXPENSES 29,986. POSTAGE & SHIPPING: PROGRAM SERVICE EXPENSES 12,910. MANAGEMENT AND GENERAL EXPENSES 4,694. FUNDRAISING EXPENSES 438. TOTAL EXPENSES 18,042. FACILITIES RENTAL EXPENSE TO PG 9: PROGRAM SERVICE EXPENSES -16,197. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -16,197. FUNDRAISING EXPENSE TO PG 9 : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES -95,381. TOTAL EXPENSES -95,381. FORM 990, PART XI, LINE 9: UNREALIZED GAIN (LOSS) ON SWAP AGREEMENT 400,578. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.