2018-05-02T13:58:23-05:00 2017-06-30 941254756 HOOD & STRONG LLP 275 BATTERY ST STE 900 SAN FRANCISCO CA 94111 990 2016-07-01 943085954 THE CAREY SCHOOL CARE 6503458205 ONE CAREY SCHOOL LANE SAN MATEO CA 944031268 DUNCAN LYON HEAD OF SCHOOL 6503458205 2018-04-25 1 MAGA E KISRIEV P01008919 4157810793 12.201.129.210 2018-04-25 17:32:54 PD P 21B36D69BA2594878549B740C4BB0D7F52AE627F 29D558E106CCA166F3A77B357A9AE2D2F6035DBB 2016 2021-01-29 14:40:06Z KRISTY COWAN ONE CAREY SCHOOL LANE SAN MATEO CA 944031268 8846313 0 X WWW.CAREYSCHOOL.ORG X 1928 CA OPERATION OF A PRIMARY CO-EDUCATIONAL SCHOOL FOR GRADES PRESCHOOL THROUGH FIFTH. 22 22 73 380 0 0 1145772 1059717 6747668 7149156 15880 26578 -20645 23230 7888675 8258681 443460 524432 0 0 5141728 5589570 0 0 141181 1705999 1746069 7291187 7860071 597488 398610 21788779 22223697 6971957 7010963 14816822 15212734 SPECIALIZING IN ELEMENTARY EDUCATION, THE CAREY SCHOOL INSPIRES CURIOUS, CONFIDENT AND JOYFUL LEARNERS AND CELEBRATES CHILDHOOD IN AN INCLUSIVE, DIVERSE COMMUNITY THAT NURTURES KINDNESS, RESPECT AND PERSONAL RESPONSIBILITY. 0 0 6522585 524432 7149156 THE PRIMARY PROGRAM IS THE EDUCATION OF STUDENTS - VIA THE CLASSROOM, THE AFTERSCHOOL ENRICHMENT PROGRAMS, AND THE AFTER SCHOOL CARE PROGRAM. CURRENTLY, 249 STUDENTS ARE ENROLLED AT THE CAREY SCHOOL. APPROXIMATELY 12.86% OF THE STUDENT BODY, OR 32 STUDENTS, ARE SUPPORTED BY FINANCIAL ASSISTANCE WHICH MAY INCLUDE TUITION ASSISTANCE, SUPPORT FOR TUTORING AND OTHER EVALUATIONS, AND SUPPORT FOR AFTER SCHOOL CARE. 6522585 1 1 0 0 0 0 0 0 0 1 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 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 41 0 1 73 1 0 0 0 0 0 1 1 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SUSAN LOVEALL 6503458205 ONE CAREY SCHOOL LANE SAN MATEO CA 94403 MARK MOORE PRESIDENT 4.00 X X 0 0 0 KRISTY COWAN VICE PRESIDENT 4.00 X X 0 0 0 MIKE RYERSON SECRETARY 4.00 X X 0 0 0 MIGUEL ESPINOSA TREASURER 4.00 X X 0 0 0 STEVE LO TRUSTEE 4.00 X 0 0 0 JEAN ADAMS TRUSTEE 4.00 X 0 0 0 KIM BOTTOMS TRUSTEE 4.00 X 0 0 0 JEAN CHIANG TRUSTEE 4.00 X 0 0 0 BEN COUGHLIN TRUSTEE 4.00 X 0 0 0 ROBERT DYKES TRUSTEE 4.00 X 0 0 0 JOE EANDI TRUSTEE 4.00 X 0 0 0 MASON FORD TRUSTEE 4.00 X 0 0 0 ROBERTA GATES TRUSTEE 4.00 X 0 0 0 KATHY LAYENDECKER TRUSTEE 4.00 X 0 0 0 JULIE LEE TRUSTEE 4.00 X 0 0 0 LYDIA ALEXANDER KAPOOR TRUSTEE 4.00 X 0 0 0 GARY KIAMG TRUSTEE 4.00 X 0 0 0 SUNITA PARBHU TRUSTEE 4.00 X 0 0 0 KIM PEPPER TRUSTEE 4.00 X 0 0 0 NIKIA RICHARDSON TRUSTEE 4.00 X 0 0 0 KELLY SORTINO TRUSTEE 4.00 X 0 0 0 CRISTAL WALDROP TRUSTEE 4.00 X 0 0 0 DUNCAN LYON HEAD OF SCHOOL 60.00 X 290668 0 55111 ALLEN LANTOR CFO 60.00 X 184850 0 12225 CAROLYN ASH DIRECTOR OF ADMISSION 50.00 X 112105 0 8079 NEELY NORRIS DIRECTOR OF STUDIES 50.00 X 115484 0 13203 LISA FOWLER DIRECTOR OF ADVCANCEMENT 50.00 X 101461 0 17791 804568 0 106409 5 0 1 0 STRAWN CONSTRUCTION 1140 PEDRO STREET SUITE 1 SAN JOSE CA 95126 CONSTRUCTION 417323 EPICUREAN GROUP 111 MAIN STREET SUITE 3 LOS ALTOS CA 94022 FOOD SERVICE 252970 2 337249 722468 240956 1059717 TUITION 611600 6620653 6620653 EXTENDED CARE PROGRAM 611600 244074 244074 LUNCH INCOME 611710 158179 158179 SUMMER CAMP INCOME 611710 126250 126250 7149156 28834 28834 507140 509396 -2256 -2256 -2256 84270 337249 78236 6034 6034 2475 0 2475 2475 OTHER INCOME 900099 14721 14721 14721 8258681 7149156 0 49808 524432 524432 525060 318678 206382 3825793 3298634 455919 71240 217533 180352 33570 3611 697106 577954 107580 11572 324078 268685 50013 5380 43671 43671 37905 37905 1081 354 726 1 14970 14970 62344 17419 44925 77964 47203 30573 188 56942 54437 2171 334 201632 182448 18491 693 57887 57887 583987 525337 56804 1846 68526 57051 10154 1321 EDUCATIONAL RELATED 285121 272768 12287 66 LUNCH PROGRAM 237056 196278 40778 BOARD EXPENSE 16406 16406 DUES, LICENSES, FEES & 577 555 18 4 7860071 6522585 1196305 141181 499 499 7964299 5948508 580301 178580 34156 11830 0 400000 86573 127543 17662931 4828730 13062674 12834201 2647547 60277 74989 21788779 22223697 701909 746526 3894493 4109665 2315278 2049607 60277 105165 6971957 7010963 X 13904808 14202782 197670 238340 714344 771612 14816822 15212734 21788779 22223697 398610 -2698 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1540125 57268 7352 1604745 1469954 66605 3566 1540125 1409247 55782 4925 1469954 1354911 49616 4720 1409247 1303238 47988 3685 1354911 0.51630 0.48080 0.00290 0 0 1377534 1377534 15129875 3941365 11188510 868464 722306 146158 287058 165059 121999 12834201 457(F) DEFERRED COMPENSATION OBLIGATION 105165 105165 X 7689265 -2698 -566718 -569416 8258681 0 8258681 7293353 0 7293353 566718 566718 7860071 PART V, LINE 4: THE SCHOOL HAS TWO ENDOWMENT FUNDS. ONE IS A BOARD QUASI ENDOWMENT AND THE SECOND IS A PERMANENTLY RESTRICTED ENDOWMENT DESIGNATED FOR OPERATIONS AND SCHOLARSHIPS. PART X, LINE 2: THE SCHOOL IS A TAX EXEMPT ORGANIZATION UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE CALIFORNIA TAX CODE. THE SCHOOL'S CURRENT ACCOUNTING POLICY IS TO EVALUATE UNCERTAIN TAX POSITIONS. ACCORDINGLY, A LOSS CONTINGENCY IS RECOGNIZED WHEN IT IS PROBABLE THAT A LIABILITY HAS BEEN INCURRED AS OF THE DATE OF THE FINANCIAL STATEMENTS AND THE AMOUNT OF THE LOSS CAN BE REASONABLY ESTIMATED. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD MAINTAINED ITS TAX EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE NETTED AGAINST REVENUE -524,432. PROGRAM EXPENSES NETTED AGAINST REVENUE -42,286. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE NETTED AGAINST REVENUE 524,432. PROGRAM EXPENSES NETTED AGAINST REVENUE 42,286. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 AS PART OF THE CAL-ISBOA MEMBERSHIP, OUR NONDISCRIMINATORY POLICY IS PUBLISHED ALONG WITH MOST ALL OTHER MEMBER SCHOOLS IN LOCAL AND REGIONALLY PUBLICATIONS AS IS BEST SUITED. CSPA AUCTION 358559 323213 35346 39519 11491 6090 8747 WALKFEST 62960 14036 48924 1801 3627 1125 5836 421519 337249 84270 41320 15118 7215 14583 78236 6034 1 TUITION ASSISTANCE 32 478183 FINANCIAL AID APPLICATION FEES 9 1305 FINANCIAL AID DAYCARE FEES 12 36543 FINANCIAL AID LUNCH FEES 32 8401 FINANCIAL AID PART I, LINE 2: THE CAREY SCHOOL HAS A NEED BASED TUITION ASSISTANCE PROGRAM. IT IS DETERMINED BY REVIEW OF THE TAX RETURNS AND DETAILED FINANCIAL INFORMATION OF INCOME AND NET WORTH OF THE GRANTEES ON A YEARLY BASIS. X X X X X X 0 1 0 0 0 0 0 0 0 DUNCAN LYON HEAD OF SCHOOL 290668 0 0 0 0 0 44829 0 10282 0 345779 0 0 0 ALLEN LANTOR CFO 184850 0 0 0 0 0 11372 0 853 0 197075 0 0 0 PART I, LINE 4B DUNCAN LYON, HEAD OF SCHOOL, PARTICIPATED IN A 457(F) PLAN. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2013-06-19 3000000 CONSTRUCTION 0 0 0 A 3000000 60000 2940000 2014 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 A 0 0 0 0 0 0 0 0 1 A 0 DUNCAN LYON HEAD OF SCHOOL HOUSING X 400000 400000 0 1 1 400000 17125 FINANCIAL AID TUITION X 29 213181 FAIR MARKET VALUE X FOOD AND BEVERAGE 12 17200 FAIR MARKET VALUE X TRIPS AND TOURS 6 4700 FAIR MARKET VALUE X TICKETS 8 4400 FAIR MARKET VALUE X MISCELLANEOUS 7 1475 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTONS REFLECTS THE NUMBER OF DONORS, NOT THE NUMBER OF ITEMS DONATED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CFO, THE CHAIR OF THE FINANCE COMMITTEE, THE PRESIDENT OF THE BOARD, AND THE HEAD OF SCHOOL, WHO ULTIMATELY SIGNS THE FORM. BEFORE FILING, THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD THROUGH THE BOARD PORTAL AND NOTATED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 12C ALL CONFLICTS SHALL BE DISCLOSED BY BOARD MEMBERS TO THE SCHOOL'S EXECUTIVE COMMITTEE WITH THE INTERESTED BOARD MEMBER(S) RESCUED FROM PARTICIPATING IN DEBATES AND VOTING ON THE MATTER. THE EXECUTIVE COMMITTEE SHALL MAKE A DETERMINATION AS TO WHETHER A CONFLICT EXISTS AND WHAT SUBSEQUENT ACTION IS APPROPRIATE, IF ANY. THE CAREY SCHOOL EXECUTIVE COMMITTEE SHALL INFORM THE BOARD OF SUCH DETERMINATION AND ACTION. THE BOARD SHALL RETAIN THE RIGHT TO MODIFY OR REVERSE SUCH DETERMINATION AND ACTION, AND ALL SHALL RETAIN THE ULTIMATE ENFORCEMENT AUTHORITY WITH RESPECT TO THE INTERPRETATION AND APPLICATION OF THIS POLICY. ON AN ANNUAL BASIS, ALL BOARD MEMBERS SHALL BE PROVIDED WITH A COPY OF THIS POLICY AND ARE REQUIRED TO COMPLETE AND SIGN THE ACKNOWLEDGEMENT AND DISCLOSURE FORM. THE SECRETARY OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR DISTRIBUTING, COLLECTING, AND REVIEWING SIGNED STATEMENTS FROM ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE HEAD OF SCHOOL IS REVIEWED AND SET BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. EACH YEAR, RELEVANT COMPARABLE DATA IS SECURED AND REVIEWED BY THE EXECUTIVE COMMITTEE PRIOR TO SETTING THE HEAD OF SCHOOL'S SALARY. EACH YEAR AS PART OF THE BUDGET SETTING AND REVIEW PROCESS, COMPENSATION DATA FROM CAREY'S LOCAL COMPETITOR SCHOOLS VIA THE CAL-ISBOA SURVEY ARE REVIEWED AND ANALYZED AS THE BASIS FOR SETTING COMPENSATION FOR FACULTY/STAFF. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D).