2018-01-08T12:21:17-06:00 2017-06-30 264022510 HARRIS & CO PLLC 2289 S BONITO WAY STE 100 MERIDIAN ID 83642 990 2016-07-01 841373475 RIVERSTONE INTERNATIONAL SCHOOL INC RIVE 2084245000 5521 WARM SPRINGS AVE BOISE ID 83716 MARK LIEBICH CHAIRMAN 2084245000 2018-01-08 1 CHRISTINE PEREZ P01262808 2083338965 2018-01-08 64.88.174.3 2018-01-08 10:34:25 MS 82172120173310325e09 2017-11-27 P 3352B34058CC283FC6D6514E2A8CF99177A91DEB FB35ED5E23335EF630230C9CA8FFEC29AA326CB7 2016 2021-01-29 14:40:06Z X MARK LIEBICH 5521 WARM SPRINGS AVE BOISE ID 83716 6254266 0 X WWW.RIVERSTONESCHOOL.ORG X 1996 ID AN INDEPENDENT SCHOOL OFFERING EDUCATION BASED ON THE INTERNATIONAL BACCALAUREATE ORGANIZATION. 17 17 100 175 0 0 1857839 1268335 4484550 4755777 -82288 67758 112755 74638 6372856 6166508 0 0 0 0 3249263 3430300 0 0 76031 1668802 1858802 4918065 5289102 1454791 877406 10443255 12730384 5553839 6783470 4889416 5946914 X THE SCHOOL IS A UNIQUE INDEPENDENT SCHOOL THAT OFFERS AN EDUCATION BASED ON THE WORLD-RENOWNED PROGRAMS AND THE PHILOSOPHY OF THE INTERNATIONAL BACCALAUREATE ORGANIZATION. THROUGH A STRONG FOUNDATION BUILT ON THE FIVE PILLARS OF ACADEMIC EXCELLENCE, INTERNATIONAL UNDERSTANDING, COMMUNITY AND SERVICE, LEADERSHIP BY EXAMPLE, AND OUTDOOR EDUCATION, THE SCHOOL KNOWS AND NURTURES EVERY CHILD AND ENSURES THAT THEY REACH THEIR POTENTIAL IN A RESPECTFUL ENVIRONMENT. 0 0 4230804 4755777 PRIVATE SCHOOLING PROGRAM DEDICATED TO ACADEMIC EXCELLENCE AND GROWTH OF ITS STUDENTS; APPROXIMATELY 356 STUDENTS SERVED. 4230804 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 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 1 100 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 2084245000 5521 WARM SPRINGS AVE BOISE ID 83716 MARK LIEBICH CHAIR/TRUSTEE 4.00 X X 0 0 0 JUAN CARLOS DUQUE VICE CHAIR/TRUSTEE 2.00 X X 0 0 0 SCOTT PETERSON TREASURER/TRUSTEE 2.00 X X 0 0 0 HEATHER SCHULZE SECRETARY/TRUSTEE 2.00 X X 0 0 0 LINDA CLARK-SANTOS TRUSTEE 1.00 X 0 0 0 CHRIS GEFFROS TRUSTEE 1.00 X 0 0 0 TORY GOLTRY TRUSTEE 1.00 X 0 0 0 CHRIS COYLE TRUSTEE 1.00 X 0 0 0 TOM MAHONEY TRUSTEE 1.00 X 0 0 0 JOHN PERL II TRUSTEE 1.00 X 0 0 0 JEFF RUSSELL TRUSTEE 1.00 X 0 0 0 SUE PIERSON TRUSTEE 1.00 X 0 0 0 BILL DEMPSEY TRUSTEE 1.00 X 0 0 0 BEN SCHWARTZMAN TRUSTEE 1.00 X 0 0 0 STEPHANIE HANSON TRUSTEE 1.00 X 0 0 0 SAEED PAYVAR TRUSTEE 1.00 X 0 0 0 RAINO ZOLLER TRUSTEE 1.00 X 0 0 0 ROBERT CARIGNAN HEAD OF SCHOOL 50.00 X 110000 0 11301 110000 0 11301 1 0 0 0 0 1268335 52433 1268335 TUITION AND FEES 611110 4692476 4692476 STUDENT ACTIVITIES 611110 57360 57360 5941 5941 4755777 67670 67670 52433 52345 88 88 88 110051 35413 74638 74638 6166508 4755777 0 142396 121824 94170 25218 2436 2632701 2036557 544178 51966 451391 349175 93304 8912 224384 173570 46383 4431 18555 18555 16991 16991 32131 32131 102510 102510 242098 226742 15356 348034 319678 25883 2473 49468 49468 26218 26218 78809 58275 18743 1791 220010 173892 42096 4022 52023 52023 FACULTY REMISSION 180510 180510 REPAIRS 116530 116530 OUTDOOR ACTIVITIES 98348 98348 STUDENT ACTIVITIES 58423 58423 218144 217225 919 5289102 4230804 982267 76031 164783 121977 2148214 3738647 475155 210799 50580 40731 36174 11776 10549208 2017628 7444189 8531580 124160 74874 10443255 12730384 813864 1465947 415295 442514 4167099 3933505 15501 13607 142080 927897 5553839 6783470 X 3531081 3472148 358335 1474766 1000000 1000000 4889416 5946914 10443255 12730384 X 877406 217513 -37421 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2589144 1037700 268280 3895124 1009582 1551221 28341 2589144 1013967 -4385 1009582 0.40550 0.59450 0 0 1368000 1368000 7908799 1431605 6477194 812581 240978 571603 459828 345045 114783 8531580 INTEREST RATE SWAP 52897 RESERVES 875000 927897 X 6402443 217513 35413 252926 6149517 16991 16991 6166508 5307524 35413 35413 5272111 16991 16991 5289102 PART V, LINE 4: THE SCHOOL'S ENDOWMENT INCLUDES BOTH UNRESTRICTED FUNDS AND DONOR-RESTRICTED FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS AN ENDOWMENT ESTABLISHED FOR THE PRIMARY PURPOSE OF PROVIDING SUPPORT TO THE SCHOOL TO ENSURE THE STRENGTH, STABILITY AND INDEPENDENCE OF THE SCHOOL IN PERPETUITY. SUCH SUPPORT MAY INCLUDE, AMONG OTHERS, PROVIDING SCHOLARSHIPS TO STUDENTS WITH FINANCIAL NEED, FUNDS FOR CAPITAL PROJECTS AND COLLATERAL FOR LOANS INCURRED FOR CAPITAL PROJECTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE ABSENCE OR EXISTENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: UNCERTAIN TAX POSITIONS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE SCHOOL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEAR 2017 OR 2016. THE SCHOOL FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. THE SCHOOL IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE NETTED AGAINST REVENUES 35,413. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE NETTED AGAINST REVENUES 35,413. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NONDISCRIMINATORY POLICY PUBLISHED IN LOCAL NEWSPAPER. AUCTION 110051 110051 3641 13039 18733 110051 110051 3641 13039 18733 35413 74638 A IDAHO HOUSING AND FINANCE ASSOCIATION 820302333 NONEAVAIL 2009-12-30 4627000 REFINANCE OF SCHOOL LAND AND BUILDING CONSTRUCTION LOANS 0 0 0 A 1288000 4627000 92540 4534460 2009 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 0 1 1 KEYBANK 5.900000000000 0 0 0 0 0 X 2 52433 FAIR MARKET VALUE 0 0 0 0 AMENDED RETURN THE ORGANIZATION IS AMENDING THE 2016 FORM 990 TO REPORT A TAX-EXEMPT BOND ISSUE WITH AN OUTSTANDING PRINCIPAL AMOUNT OF MORE THAN $100,000 AS OF THE LAST DAY OF THE TAX YEAR. THE ORGANIZATION HAS AMENDED THE FOLLOWING PARTS AND SCHEDULES OF THE 2016 FORM 990 RETURN: PART IV, LINE 24A - THIS IS NOW MARKED YES TO INDICATE A TAX-EXEMPT BOND ISSUE WITH AN OUTSTANDING PRINCIPAL AMOUNT OF MORE THAN $100,000 AS OF THE LAST DAY OF THE TAX YEAR. SCHEDULE K - THIS SCHEDULE HAS BEEN COMPLETED AND ADDED TO 2016 FORM 990 TO REPORT A TAX-EXEMPT BOND ISSUE WITH AN OUTSTANDING PRINCIPAL AMOUNT OF MORE THAN $100,000 AS OF THE LAST DAY OF THE TAX YEAR. FORM 990, PART VI, SECTION A, LINE 1 THE BOARD DELEGATED BROAD AUTHORITY TO AN EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS DISTRIBUTED TO ALL TRUSTEES. THE TRUSTEES REVIEW THE FORM 990 BEFORE FILING AND REPORT ANY ITEMS OF CONCERN. THE BOARD OF TRUSTEES VOTES TO APPROVE THE FILING OF FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD CHAIR MONITORS THE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. IF ANY TRUSTEES BELIEVE A CONFLICT OF INTEREST EXISTS, THEY ARE EXCLUDED FROM COMMENTING AND VOTING ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15A KEY EMPLOYEE EMPLOYMENT CONTRACTS ARE APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MAINTAINED AT THE ORGANIZATION'S PLACE OF BUSINESS AND ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS FROM THE PRIOR YEAR. FORM 990, PART XI, LINE 8 DURING 2017, THE SCHOOL ADOPTED THE PROVISIONS OF ACCOUNTING STANDARDS UPDATE 2015-03, SIMPLIFYING THE PRESENTATION OF DEBT ISSUANCE COSTS (ASU 2015-03). UNDER THIS NEW ACCOUNTING POLICY, THE SCHOOL HAS RETROSPECTIVELY PRESENTED ALL DEBT ISSUANCE COSTS AS A DIRECT DEDUCTION FROM THE CARRYING AMOUNT OF THE RELATED OBLIGATION IN THE STATEMENT OF FINANCIAL POSITION. THE EFFECTS OF THE RETROSPECTIVE APPLICATION OF THE ACCOUNTING CHANGE FOR THE YEAR ENDED JUNE 30, 2016 IS TO DECREASE TOTAL ASSETS AND LONG TERM LIABILITIES BY $86,739 IN THE STATEMENT OF FINANCIAL POSITION AND RECLASSIFY $14,250 OF AMORTIZATION TO INTEREST EXPENSE IN THE STATEMENT OF ACTIVITIES. THE EFFECT ON NET ASSETS FOR THE YEAR ENDED JUNE 30, 2016 WAS A $37,421 DECREASE.