2018-10-18T08:53:47-07:00 2018-06-30 952101327 Lund & Guttry LLP 36917 Cook Street Ste 102 Palm Desert CA 92211 990 2017-07-01 952133079 The Palm Valley School PALM 7603280861 35525 Da Vall Dr Rancho Mirage CA 92270 Jason Huskey Board Chair 2018-10-16 true Gary W Dack P00626592 7605682242 2017 2018-06-14 16:35:46Z Susan Rice 35525 Da Vall Dr Rancho Mirage CA 92270 6871701 false false X www.pvs.org X 2000 CA Palm Valley School is an exceptional learning community that educates, nutures, and challenges each student to achieve excellence and contribute to our global society. 8 8 120 40 0 382547 307551 5077584 5966002 58158 53587 127545 79077 5645834 6406217 862036 0 4043742 4033117 0 40332 2565634 2460385 6609376 7355538 -963542 -949321 17028418 16108696 7630285 7668059 9398133 8440637 Palm Valley School is an exceptional learning community that educates, nutures, and challenges each student to achieve excellence and contribute to our global society. false false 5743938 Educational programs benefitting primary and secondary grade level students of any race, creed, or color. 5743938 true true false false false false false false false true true false false false false true true false true false false false false false true false false false true true false false false false false false false false false false false true false false false false false false false false true 7 0 true 120 true false false false false false false true true false 0 false false false false false false false false false false X 8 8 false false false false false false false true true false false true true true true true false true true false CA X Jodi Wiseley 7603280861 35525 Da Vall Dr Rancho Mirage CA 92270 Jason Huskey Board Chair 1.00 0.00 X X 0 0 0 David Mule Vice Chair 1.00 0.00 X X 0 0 0 Jennifer Jenkins Treasurer 1.00 0.00 X X 0 0 0 Laura Neil Secretary 1.00 0.00 X X 0 0 0 Gail Kocen Trustee 1.00 0.00 X 0 0 0 Timothy Jochen Trustee 1.00 0.00 X 0 0 0 Carol Scott Trustee 1.00 0.00 X 0 0 0 Colin Kirkpatrick Trustee 1.00 0.00 X 0 0 0 Susan Rice Head of School 40.00 0.00 X 202000 0 12833 Jodi Wiseley CFO 40.00 0.00 X 101500 0 9885 303500 22718 2 false true false 0 53964 253587 29597 307551 Auxiliary Services 135811 135811 Tuition & Fees 5830191 5830191 5966002 7485 7485 0 0 4970 4970 4970 4970 299980 89681 249448 94111 50532 -4430 46102 46102 100466 53964 121925 -21459 0 0 Other Income 611710 95566 95566 95566 6406217 6112640 7485 0 862036 862036 0 0 307000 230250 73680 3070 0 3124589 2343442 749901 31246 0 346024 259518 83045 3461 255504 191628 61321 2555 0 0 15500 15500 0 0 0 20188 20188 46397 46397 64881 48661 16220 0 0 277282 207961 69321 0 0 0 229632 172224 57408 0 810396 607797 202599 104803 94322 10481 Repairs & maintenance 194211 145658 48553 Other overhead 161926 80963 80963 Agency expenses 145593 145593 Other instruct & enrichment 105872 105872 283704 248013 35691 7355538 5743938 1571268 40332 700906 657399 0 0 223000 174793 0 0 0 0 48174 52998 25493672 10866074 15364399 14627598 619439 592828 0 0 0 72500 3080 17028418 16108696 415499 373027 1757737 1981781 5457049 5313251 7630285 7668059 X 9270127 8329527 47734 30838 80272 80272 9398133 8440637 17028418 16108696 -949321 -19260 11085 X X false true X true false X 586860 26892 25065 588687 546842 57869 17851 586860 583835 -19319 17674 546842 633296 -19309 30152 583835 611691 51530 29925 633296 0.85000 0.14000 0.01000 false false false 1632340 1632340 22968000 10115145 12852855 825981 683578 142403 67351 67351 14627598 X 5662361 -19260 11085 -735681 -743856 6406217 6406217 6619857 -735681 -735681 7355538 7355538 Part V, Line 4: Intended uses of the endowment fund. The School's endowment consists of funds established for a variety of purposes. Its endowment includes both donor-restricted funds and funds designated by the board of trustees to function as endowments. As required by generally accepted accounting principles, net assets associated with endowment funds, including funds designated by the board of trustees to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. Part X : FIN48 Footnote The School is a Not-for-profit organization exempt from taxes under section 501(c)(3) of the internal revenue code. The School has not engaged in any activities subject to income tax on unrelated business income; therfore, no provision has been made for income taxes.The School's policy is to record income tax related interest and penaltiies in operating expenses. For the years ended June 30, 2018 and 2017, there was no interest or penalties expense recorded and no accrued interest and penalties.Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the school and recognize a tax liability (or asset) if the School has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. Management has analyzed the tax positions taken by the School, and has concluded that as of June 30, 2018 and 2017 there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The School is subject to routine audits by taxing jurisdictions; however there are currently no audits for any tax periods in progress. Management belives it is no longer subject to income tax examinations by the IRS prior to 2014 or the FTB prior to 2013. true true true true true true true false false false false false false false false false false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race X false Annual Gala 138499 42518 95981 52543 3012 27434 6000 25696 Fash Week/Wine Tasting 15931 11446 4485 400 6840 154430 53964 100466 52543 3012 27434 6400 32536 121925 -21459 false 0 0 Scholarships 97 695072 Tuition Discounts 15 166964 X X false false false false false false false false false false Susan Rice Head of School 202000 6060 6773 214833 X School Supplies 1 18597 FMV X Furniture 1 11000 FMV false true false Form 990, Part VI, Line 11b: Form 990 Review Process Annual board meeting discussion. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Disclosure form is completed annually by Board members. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The compensation committee reviews the headmaster's contract with comparative data from other independent schools as reported by the California Association of Independent Schools, as well as national and local data from similar institutions. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The compensation committee reviews the employee contracts with comparative data from other independent schools as reported by the California Association of Independent Schools, as well as national and local data from similar institutions. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Documents are available by request to the headmaster or the business manager through the school's administrative office. Copies of the filed Form 990 tax returns are available on the GuideStart website. Form 990, Part XII, Line 2: Change of Oversight or Selection Process The School's audit committee reviews the audit and meets with the auditor prior to the audit report being finalized.