2018-05-15T15:58:53-05:00 2017-06-30 410746749 CLIFTONLARSONALLEN LLP 301 N LAKE AVE SUITE 900 PASADENA CA 91101 990 2016-07-01 237120625 CROSSROADS SCHOOL FOR ARTS & SCIENCES CROS 3108297391 1714 21ST STREET SANTA MONICA CA 90404 BARBARA S WHITNEY DIRECTOR OF FINANCE & OP 3108297391 2018-05-15 1 BARED DILACAR P00157338 6267933600 2018-05-15 2016 2022-09-23 18:48:47Z ROB RIDDLE 1714 21ST STREET SANTA MONICA CA 90404 63331126 0 X WWW.XRDS.ORG X 1971 CA CROSSROADS IS AN INDEPENDENT SCHOOL FOR APPROXIMATELY 1170 STUDENTS. 29 29 605 475 0 0 6964208 16025351 43422302 44998437 1265383 1055466 1028822 910865 52680715 62990119 7402010 7893316 0 0 29693597 30887913 0 0 2488219 11305037 11994616 48400644 50775845 4280071 12214274 136046804 153636191 49576471 52807671 86470333 100828520 X CROSSROADS SCHOOL FOR ARTS AND SCIENCES IS AN INDEPENDENT SCHOOL FOUNDED UPON FIVE BASIC COMMITMENTS: TO ACADEMIC EXCELLENCE, TO THE ARTS, TO THE GREATER COMMUNITY, TO THE DEVELOPMENT OF A STUDENT POPULATION OF SOCIAL, ECONOMIC, AND RACIAL DIVERSITY AND TO THE DEVELOPMENT OF EACH STUDENT'S PHYSICAL WELL-BEING AND FULL HUMAN POTENTIAL. 0 0 43204227 7893316 44998437 FOUNDED IN 1971, CROSSROADS IS AN INDEPENDENT SCHOOL FOR APPROXIMATELY 1170 STUDENTS IN GRADES KINDERGARTEN THROUGH 12, WITH TWO CAMPUSES IN SANTA MONICA CALIFORNIA. THE SCHOOL WAS FOUNDED UPON FIVE BASIC COMMITMENTS: TO ACCADEMIC EXCELLENCE, TO THE ARTS, TO THE GREATER COMMUNITY, TO THE DEVELOPMENT OF A STUDENT POPULATION OF SOCIAL, ECONOMIC AND RACIAL DIVERSITY AND TO THE DEVELOPMENT OF EACH STUDENT'S PHYSICAL WELL-BEING AND FULL HUMAN POTENTIAL. 43204227 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 90 0 1 605 1 0 0 0 0 0 1 1 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X PAULA DOBBINS 3108297391 1714 21ST STREET SANTA MONICA CA 90404 BOB FRIEDMAN BOARD CHAIR 10.00 X X 0 0 0 NAT TRIVES BOARD VICE CHAIR 10.00 X X 0 0 0 JEFF WORTHE BOARD VICE CHAIR 10.00 X X 0 0 0 DARLENE CHAN BOARD VICE CHAIR 10.00 X X 0 0 0 JEFF LIPP SECRETARY 10.00 X X 0 0 0 BOB DAVENPORT TREASURER 10.00 X X 0 0 0 ANDY BAUM MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 MICHELLE BROOKAMN MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 JUAN CARRILLO MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 CHRISTOPHER CHEE MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 ANN COLBURN MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 EMILIO DIEZ BARROSO MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 MARY FARRELL MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 NICOLE HOEGL MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 DEBORAH KANTER MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 NADA KIRKPATRICK MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 TED MILLER MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 MARC MILLMAN MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 IRIS MINK MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 SHARON NAZARIAN MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 DAVID OFFER MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 ELAINE PARKER-GILLS MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 LOIS REINIS MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 ILENE RESNICK-WEISS MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 TRACY SERETEAN MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 BRUCE STERN MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 DAVID TANNENBAUM MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 TOM WERNER MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 ERIK WRIGHT MEMBER OF THE GOV. BODY ONLY 5.00 X 0 0 0 BOB RIDDLE HEAD OF SCHOOL 40.00 X 451799 0 163564 BARBARA WHITNEY DIRECTOR OF FINANCE 40.00 X 204494 0 52132 ERIC BARBER DIRECTOR OF ENROLLMENT MANAGEMENT 40.00 X 140796 0 36399 MARK GOVATOS DIRECTOR OF INFORMATION TECHNOLOGY 40.00 X 141300 0 29530 JOAN MARTIN DIRECTOR OF ELEMENTARY SCHOOL 40.00 X 165241 0 31030 MORGAN SCHWARTZ ASSISTANT OF HEAD OF SCHOOL 40.00 X 167006 0 47430 ROXANNE ZAZZARO DIRECTOR OF UPPER SCHOOL 40.00 X 165322 0 21828 1435958 0 381913 46 0 1 0 MISSION SCHOOL TRANSPORTATION 6414 HOLLISTER AVENUE GOLETA CA 93117 TRANSPORTATION 396482 SOCAL TECHNOLOGIES FLIE 50897 LOS ANGELES CA 90074 COMPUTER CONSULTING 313925 TRI-SIGNAL INTEGRATION INC 15853 MONTE STREET SYLMAR CA 91342 CONSTRUCTION 210526 MARTS & LUNDY INC 1200 WALL STREET LYNDHURST NJ 70071 DEVELOPMENT CONSULTING 173232 CAL NET TECHNOLOGY GROUP 9420 TOPANGA CANYON BLVD CHATSWORTH CA 91311 COPIER & PRINTER MAINTENANCE 124824 7 881796 15143555 148948 16025351 TUITION AND FEES 611600 43242616 43242616 AUXILIARY ACTIVITIES 611710 1755821 1755821 44998437 1055466 1055466 711180 144512 566668 566668 566668 0 881796 179029 -179029 -179029 17466 17466 0 OTHER INCOME 900099 273030 273030 PARKING FEE 900099 134722 134722 FINANCE CHARGE INCOME 900099 115474 115474 523226 62990119 44998437 0 1966331 7893316 7893316 681498 136300 204449 340749 23896832 21001892 1837333 1057607 1314347 1167749 89320 57278 3240092 2577637 430352 232103 1755144 1535174 121922 98048 73431 73431 51200 51200 106025 106025 1298846 724992 289168 284686 21054 17812 795 2447 203719 117981 62499 23239 1830028 1453459 326427 50142 81845 71269 7300 3276 416861 282073 111140 23648 936518 936518 1831509 1465207 311357 54945 450117 450117 INSTRUCTIONAL SUPPLIES 1446149 866577 554393 25179 EQUIPMENT RENTAL, REPAI 707532 691941 798 14793 FINANCIAL AID REMISSION 606189 606189 PRINTING AND PUBLICATIO 317287 175117 14923 127247 1616306 1032907 490567 92832 50775845 43204227 5083399 2488219 11991545 10327930 1738264 17902841 3841078 2358591 259867 412643 42613 80054 1278739 1344162 108320601 23181921 85774119 85138680 26523095 28133135 4597484 7581471 356684 136046804 153636191 3058333 3661977 11809778 15090703 30267283 29504367 3893271 3914016 547806 636608 49576471 52807671 X 70179332 84491435 8135413 7696768 8155588 8640317 86470333 100828520 136046804 153636191 12214274 2143913 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17769723 484729 1943625 483396 19714681 18034864 405563 -137462 533242 17769723 18089112 259548 272789 586585 18034864 16674374 29750 1907132 522144 18089112 15626523 238110 1315494 505753 16674374 0.39560 0.43830 0.16610 0 0 5265926 38683922 43949848 2227502 47187391 10747981 38666912 5737501 4938954 798547 9218359 7494986 1723373 85138680 RETIREMENT AGREEMENT FOR FORMER PRESIDENT 1255410 UNAMORTIZED LOAN ISSUANCE COST -618802 636608 X 57581724 2143913 -7893315 -5749402 63331126 -341007 -341007 62990119 43223537 341007 341007 42882530 7893315 7893315 50775845 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY 47 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING FINANCIAL AID, FACILITIES AND GENERAL OPERATIONS OF THE SCHOOL. PART X, LINE 2: THE SCHOOL IS A NONPROFIT CORPORATION DEFINED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(A) OF THE CODE. THE SCHOOL IS ALSO EXEMPT FROM STATE INCOME TAXATION UNDER 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES ALL OF THE POSITIONS TAKEN BY THE SCHOOL ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES GENERALLY THREE AND FOUR YEARS, RESPECTIVELY, AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -7,893,315. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE -144,512. FUNDRAISING EXPENSES -179,029. COST OF GOODS SOLD -17,466. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 144,512. FUNDRAISING EXPENSES 179,029. COST OF GOODS SOLD 17,466. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 7,893,315. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLISHED ITS RACIALLY NONDISCRIMINATORY POLICY IN THE LOCAL NEWSPAPER. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT IN HEDGE FUNDS N/A 2588810 0 0 0 0 0 0 2588810 0 2588810 0 0 0 0 0 0 SPRING EVENT 881796 881796 102061 31362 45606 881796 881796 102061 31362 45606 179029 -179029 1 FINANCIAL AID 283 7893316 N/A N/A PART I, LINE 2: FINANCIAL AID/SCHOLARSHIPS ARE GRANTED TO STUDENTS BASED ON FINANCIAL NEED AS DETERMINED BY TUITION REDUCTION FUND COMMITTEE CHAIRED BY DIRECTOR OF FINANCE AND OPERATIONS, AND ALSO ARE AWARDED ON A RACIALLY NON-DISCRIMINATORY BASIS. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 BOB RIDDLE HEAD OF SCHOOL 451799 0 0 0 0 0 146200 0 17364 0 615363 0 0 0 BARBARA WHITNEY DIRECTOR OF FINANCE 204494 0 0 0 0 0 17290 0 34842 0 256626 0 0 0 ERIC BARBER DIRECTOR OF ENROLLMENT MANAGEMENT 140796 0 0 0 0 0 11952 0 24447 0 177195 0 0 0 MARK GOVATOS DIRECTOR OF INFORMATION TECHNOLOGY 141300 0 0 0 0 0 11701 0 17829 0 170830 0 0 0 JOAN MARTIN DIRECTOR OF ELEMENTARY SCHOOL 165241 0 0 0 0 0 13585 0 17445 0 196271 0 0 0 MORGAN SCHWARTZ ASSISTANT OF HEAD OF SCHOOL 167006 0 0 0 0 0 14498 0 32932 0 214436 0 0 0 ROXANNE ZAZZARO DIRECTOR OF UPPER SCHOOL 165322 0 0 0 0 0 13226 0 8602 0 187150 0 0 0 PART I, LINE 1A AS STATED IN THE HEAD OF SCHOOL'S CONTRACT DATED JUNE 15, 2009, THE SCHOOL PROVIDES HIM WITH AN TAXABLE AMOUNT REASONABLY SUFFICIENT TO PERMIT HIM TO ENTERTAIN, TRAVEL AND ATTEND APPROPRIATE CONFERENCES ON BEHALF OF THE SCHOOL AND TO TAKE HIS COMPANION WITH HIM, AT THE SCHOOL'S EXPENSE, TO AT LEAST TWO CONVENTIONS OR CONFERENCES PER YEAR. IN ADDITION, THE SCHOOL PAYS THE COST OF THE HEAD OF SCHOOL'S LEGAL COUNSEL WITH RESPECT TO DRAFTING AND NEGOTIATION OF HIS EMPLOYMENT AGREEMENT. THE HEAD OF SCHOOL SHOULD SUBMIT TO THE SCHOOL'S BUSINESS OFFICE AN ITEMIZED ACCOUNT OF ALL SUCH EXPENDITURES, SETTING FORTH THE DATE, THE PURPOSE FOR WHICH EACH EXPENDITURE WAS INCURRED, AND THE AMOUNTS THEREOF, TOGETHER WITH SUCH RECEIPTS SHOWING PAYMENTS AS MAY BE REQUIRED BY THE SCHOOL'S POLICIES. PART I, LINE 4B THE SCHOOL PROVIDES A 457F DEFERRED COMPENSATION PLAN TO THE HEAD OF SCHOOL. DURING 2016, THE SCHOOL CONTRIBUTED $125,000 TO THE PLAN. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2015-04-13 31000000 PAYOFF OLD BOND AND PURCHASE NEW BUILDING. 0 0 0 A 31000000 17698862 13301138 2015 1 0 1 1 A 0 1 0 0 0.05000 0.05000 0 0 0 A 0 1 0 0 0 0 0 0 1 A 1 X 12 148948 FAIR MARKET VALUE 0 0 0 PART I, COLUMN (B): COLUMN (B) REPORTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS MADE UP OF EIGHT MEMBERS (THE OFFICERS AND TWO MEMBERS OF THE BOARD OF TRUSTEES). THE EXECUTIVE COMMITTEE SHALL DISCUSS AND CONSIDER AND SUBMIT TO THE BOARD OF TRUSTEES ALL MATTERS TO BE PROPERLY APPROVED BY THE BOARD OF TRUSTEES AND, IN ORDER TO EXPEDITE THE TRANSACTION OF BUSINESS, SHALL HAVE ALL OF THE POWERS OF THE BOARD OF TRUSTEES EXCEPT WHERE APPLICABLE LAW LIMITS SUCH POWERS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS CIRCULATED TO SENIOR KEY EMPLOYEES AND SENIOR BOARD MEMBERS. ANY QUESTIONS WITH REGARD TO DATA IS THEN ASKED OF THE CONTROLLER. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR A QUESTIONNAIRE IS DISTRIBUTED TO THE BOARD MEMBERS AND OFFICERS REQUESTING DISCLOSURE OF POSSIBLE CONFLICTS OF INTEREST. WHEN POSSIBLE, DISCLOSURES ARE DIRECTED IN WRITING TO THE SECRETARY OF THE BOARD, CHAIRPERSON OR PRESIDENT WHO TOGETHER WITH THE AUDIT COMMITTEE ARE RESPONSIBLE FOR THE ADMINISTRATION OF THE POLICY. BOARD MEMBERS OR OFFICERS WHO HAVE DECLARED OR BEEN FOUND TO HAVE A CONFLICT OF INTEREST IN ANY MATTER BEFORE THE BOARD ARE REFRAINED FROM PARTICIPATING IN CONSIDERATION OF A PROPOSED TRANSACTION, UNLESS FOR SPECIAL REASONS THE BOARD REQUESTS INFORMATION OR INTERPRETATION OF THE PERSON OR PERSONS INVOLVED. THE PERSON OR PERSONS INVOLVED ARE NOT ALLOWED TO VOTE ON SUCH MATTERS AND ARE NOT ALLOWED TO BE PRESENT AT THE TIME OF VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S AND CFO'S COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD'S COMPENSATION COMMITTEE, INCLUDING COMPARISONS WITH LOCAL, REGIONAL AND NATIONAL PEER SCHOOLS; PARTICIPATION IN TWO NATIONAL EXECUTIVE COMPENSATION AND BENEFITS SURVEY PROVIDES COMPARABLE DATA. OUTSIDE COMPENSATION CONSULTANTS ARE USED. CEO'S CONTRACT IS APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. NAP SM LLC 1714 21ST STREET SANTA MONICA CA 90404 352432054 REAL ESTATE HOLDING CA 515903 7638468 CROSSROADS SCHOOL FOR ARTS & SCIENCES