2018-05-04T19:04:34-05:00 2017-06-30 946214841 Armanino LLP 11766 Wilshire Blvd 9th Floor Los Angeles CA 90025 990 2016-07-01 954823489 New Roads School NEWR 3108285582 3131 Olympic Blvd Santa Monica CA 90404 Luthern Williams President/Head of School 3108285582 2018-05-02 1 Katy Brown P00650274 3104784148 2018-05-02 2016 2022-09-23 18:48:47Z Luthern Williams 3131 Olympic Blvd Santa Monica CA 90404 25016998 0 X www.newroads.org X 1995 CA To serve as a model for education in an ethnicaly and culturally diverse community. 15 15 256 250 0 0 1816743 2723708 21982556 21733112 -163374 21897 227127 381187 23863052 24859904 7592405 7394137 0 0 11467846 12343180 0 7180 1107640 5482624 5538487 24542875 25282984 -679823 -423080 53230167 53078529 21877559 22077544 31352608 31000985 X New Roads School is an independent school in Los Angeles serving grades K-12. It was established in 1995 as a model for education in an ethnically, culturally, and socio-economically diverse community. New Roads rests upon several fundamental commitments (See Schedule O) (1) development of a student population of social, economic, ethnic, and racial diversity, (2) development of each student's full human potential, (3) academic excellence and excellence in the arts, (4) behaving responsibly and honorably as an institution, and (5) serving the larger ecological and social community. 0 0 21465810 7394137 21733112 New Roads School strives to provide a progressive college preparatory program from which each student will develop a personal dedication to learning, a respect for independent thinking, and a respect for the humanity and ecology of the world. K-12 college preparatory independent school set on campus Santa Monica, California . The school currently serves 523 students, 82 at the elementary school and 441 at the middle and upper schools. Our student community's diversity consists of 44% people of color; our faculty consists of 33% people of color. 21465810 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 0 0 0 0 0 0 0 0 0 1 122 0 1 256 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Kitty Cohen 3108285582 c/o New Roads School 3131 Olympic Santa Monica CA 90404 Emily Alexander Board Chair 10.00 X X 0 0 0 Marla Mayer Board Vice Chair 6.00 X X 0 0 0 Sean Scott Board Secretary 4.00 X X 0 0 0 Harvey Motulsky Board Treasurer 4.00 X X 0 0 0 Hon Mark Windham Board At-Large Member, Exe 2.00 X 0 0 0 Art Antin Director - term ended June 2017 2.00 X 0 0 0 Rachel Banks Director 2.00 X 0 0 0 Kimberly Buffington Director 2.00 X 0 0 0 Joel Deutsch Director 2.00 X 0 0 0 Joshua Hofheimer Director 2.00 X 0 0 0 David Linde Director 2.00 X 0 0 0 Jeff Swampy Marsh Director 2.00 X 0 0 0 Ora Nadrich Director 2.00 X 0 0 0 Rick Rapport Director 2.00 X 0 0 0 Laura Rosales Director - term ended Oct 2016 2.00 X 0 0 0 Santiago Rosales Director - term ended Oct 2016 2.00 X 0 0 0 Andy Rose Director 2.00 X 0 0 0 Icilda Sanford Director - term ended Oct 2016 2.00 X 0 0 0 Robert Singer Director - term ended June 2017 2.00 X 0 0 0 Nancy Stephens Director - term ended Nov 2016 2.00 X 0 0 0 Josh Welsh Director 2.00 X 0 0 0 Luthern Williams President, Head of School 50.00 X 302462 0 7882 Elise Yen COO/CFO 50.00 X 182450 0 5102 Walter Landberg Prior Head of School 50.00 X 146776 0 9422 Kitty Cohen CFO, Started Jan 2017 40.00 X 0 0 0 Ryan Hawley Assistant Head of School 40.00 X 157594 0 18976 Jacqueline Olivier Elementary School Director 40.00 X 154653 0 16562 Nancy London Chief Strategy Officer 50.00 X 162930 0 19637 Eric Etheridge Human Resource & Business 40.00 X 131096 0 8684 1237961 0 86265 7 0 1 0 Kohl Building Maintenance Inc 9538 Topanga Canyon Blvd Chatsworth CA 91311 Janitorial 118866 1 63264 2660444 2723708 Tuition and Fees 611600 21318467 21318467 Student Activities 611600 356292 356292 Administration Fees 900099 58353 58353 21733112 19950 19950 232854 64168 168686 168686 168686 32426 30479 1947 1947 1947 268608 63264 62447 206161 206161 Miscellaneous 900099 6340 6340 6340 24859904 21733112 0 403084 7394137 7394137 650395 185986 287777 176632 9522251 7825177 1049318 647756 295530 236816 41882 16832 1141196 903301 169511 68384 733808 577214 111172 45422 27716 21801 4199 1716 50194 50194 7180 7180 12821 7533 5288 67825 67825 464013 363332 48436 52245 118109 92904 17893 7312 1479343 1280316 197852 1175 421495 295047 113804 12644 1353992 947795 365578 40619 129767 102075 19660 8032 Student Activities 767484 767484 Hospitality 210240 182350 19922 7968 Miscellaneous 149229 98252 46467 4510 Professional Developmen 74308 68225 2231 3852 211951 116065 90525 5361 25282984 21465810 2709534 1107640 4724765 3925966 817973 302730 1475155 195287 147669 329084 109790 52174790 7194788 46044872 44980002 771182 837130 341866 264463 520381 520381 53230167 53078529 799122 770217 4450485 4970891 12128568 11827999 3932102 3932102 567282 576335 21877559 22077544 X 30314322 29840726 337730 459703 700556 700556 31352608 31000985 53230167 53078529 -423080 71457 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 793274 88955 23007 859222 808244 -14970 793274 793293 100 14851 808244 805536 66564 78807 793293 281382 513047 25652 14545 805536 0.18460 0.81540 0 0 13012841 13012841 34830703 5177535 29653168 3555122 1353411 2201711 528156 416336 111820 247968 247506 462 44980002 Deferred Compensation 576335 576335 X 18334935 71457 797711 869168 17465767 7394137 7394137 24859904 18686558 797711 797711 17888847 7394137 7394137 25282984 Part V, Line 4: The School's endowment consists of several individual funds established for a variety of purposes. Part X, Line 2: The School has evaluated its current tax positions and has concluded that as of June 30, 2017, the School does not have any significant uncertain tax positions for which a reserve would be necessary. Part XI, Line 4b - Other Adjustments: Financial Aid Grants 7,394,137. Part XII, Line 4b - Other Adjustments: Financial Aid Grants 7,394,137. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 An advertisement is published in a local newspaper, which include the School's racially nondiscriminatory policy. GALA 331872 63264 268608 7820 49593 3500 1534 331872 63264 268608 7820 49593 3500 1534 62447 206161 1 Scholarships 274 7394137 Cash Value of Tuition Reduction Tuition Reduction Part I, Line 2: Financial aid is provided to students based on financial need on a non-discriminatory basis, as determined by the Financial Aid Committee. Grants are given in the form of reduced tuition, never a cash grant. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Luthern Williams President, Head of School 245900 0 0 0 56562 0 1955 0 5927 0 310344 0 0 0 Elise Yen COO/CFO 182450 0 0 0 0 0 4127 0 975 0 187552 0 0 0 Walter Landberg Prior Head of School 129000 0 0 0 17776 0 1498 0 7924 0 156198 0 0 0 Ryan Hawley Assistant Head of School 157594 0 0 0 0 0 9346 0 9630 0 176570 0 0 0 Jacqueline Olivier Elementary School Director 154653 0 0 0 0 0 6749 0 9813 0 171215 0 0 0 Nancy London Chief Strategy Officer 162930 0 0 0 0 0 9824 0 9814 0 182568 0 0 0 Part I, Line 1a Walter Landberg, prior President and Head of School, received an auto and housing allowance totaling $56,562 during 2016. Luthern Williams, President and Head of School, receives an auto and housing allowance totaling $17,776 during 2016. A CA Municipal Finance Authority - Series 2013A 201563466 999999999 2013-03-01 9750000 Revenue Bonds - Educational Village 0 0 0 B CA Municipal Finance Authority - Series 2013B 201563466 999999999 2013-06-20 3250000 Revenue Bonds - Educational Village 0 0 0 A 693344 9750000 9750000 2020 0 0 1 1 B 478288 3250000 3250000 2020 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 A 0 B 0 Form 990, Part VI, Section A, line 2 Laura and Santiago Rosales have a family relationship; they shared a vote on the Board of Directors until they resigned in October 2016. Form 990, Part VI, Section B, line 11b A draft of the Form 990 is prepared by an independent CPA, is reviewed and approved by the CFO, Head of School, and the Executivee Committee. A copy of the Form 990 is then provided to the entire Board of Directors prior to it being filed. Form 990, Part VI, Section B, line 12c The Conflict of Interest (COI) Policy is provided to each Director and Officer upon nomination or initial hire. Annually, a COI disclosure form is provided to each officer and director who each sign and returns their form to the Governance Committee. The Governance Committee reviews each form and any noted conflicts are brought to the attention of the Board President. All conflicts are then directed to the appropriate committee or brought before the entire Board for disclosure and appropriate corrective action. Form 990, Part VI, Section B, line 15 The Compensation Committee reviews and approves the compensation and benefits package of the Head of School on an annual basis independently, without the participation of any interested person, using salary data from surveys of independent school resources, NAIS, CAIS, CAL-ISBOA. A recommendation is presented to the Executive Committee for its review and approval, and the deliberation and decisions reached are documented. The Head of School determines the compensation of the CFO using salary data from surveys of independent school resources. Compensation increases for all other employees are calculated using the same percentage across the Board as determined by the Board of Directors at the annual Fall budget meeting. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policy, and financial statements are available to the general public upon request. Form 990, Part XII, Line 2c: There was no change to the organization's selection or oversight process for the external audit of its financial statements.