2018-02-20T18:28:37-06:00 2017-06-30 GRANT THORNTON LLP 101 CALIFORNIA STREET SUITE 2700 SAN FRANCISCO CA 94111 990 2016-07-01 951875978 La Jolla Country Day School % KELLY WHITE LAJO 8584533440 9490 Genesee Avenue La Jolla CA 92037 DAVE SIGAL CFO 8584533440 2018-02-19 true ROSEMARIE BROWN P01278077 4159863900 2018-02-20 209.220.88.84 94336920180515000000 2018-02-20 P FD37B93FA18B7C387164EF6E59991F30CA5915AE FD37B93FA18B7C387164EF6E59991F30CA5915AE 2016 2021-01-29 14:40:06Z Dr Gary Krahn 9490 Genesee Avenue La Jolla CA 92037 77416078 false X www.ljcds.org X 1926 CA To prepare individuals for a lifetime of intellectual exploration and personal growth. 19 19 390 265 5823 -402 1516792 1988413 34309994 36142785 806170 3140868 46829 149786 36679785 41421852 4281290 4774050 0 0 21326622 22691424 0 0 831934 10092218 11090860 35700130 38556334 979655 2865518 99432147 101913653 63741307 60269535 35690840 41644118 La Jolla Country Day School prepares individuals for a lifetime of intellectual exploration, personal growth and social responsibility. false false 32676528 4774050 36287608 La Jolla Country Day School prepares individuals for a lifetime of intellectual exploration, personal growth and social responsibility while inspiring greatness for a better world. The school has capacity for 1,200 students from nursery through 12th grade. 32676528 true true false false false false false false false true true false false false true true true false true false false false false false true false false false true true true true false false false false false false false false false true false false false false false false false false true 139 0 true 390 true true true false false false false true true false false false false X 19 19 false false false false false false false true true false false true true true true true true true true false CA X KELLY WHITE 8584533440 9409 REGENTS ROAD La Jolla CA 92037 Mike Dee President 07/2016 thru 06/2017 1.0 0.0 X X 0 0 0 Cameron Rooke VP Trustees 1.0 0.0 X X 0 0 0 Chris Richey Treasurer 1.0 0.0 X X 0 0 0 Sherry Bahrambeygui-Hosey Secretary thru 06/2017 1.0 0.0 X X 0 0 0 Karen Deschaine Trustee 1.0 0.0 X 0 0 0 Kevin Wechter Trustee 1.0 0.0 X 0 0 0 Jim Kelly Trustee 1.0 0.0 X 0 0 0 Rich Sulpizio Trustee thru 10/2016 1.0 0.0 X 0 0 0 Doug Harrison Trustee as of 07/2016 1.0 0.0 X 0 0 0 Manish Parikh Trustee 1.0 0.0 X 0 0 0 Angela Glynn Trustee as of 07/2016 1.0 0.0 X 0 0 0 Elese Denis Trustee 1.0 0.0 X 0 0 0 Kimberly Goldman Trustee thru 06/2017 1.0 0.0 X 1759 0 0 Bob Kain Trustee 1.0 0.0 X 0 0 0 Michael Hoffman Trustee 1.0 0.0 X 0 0 0 Chris Lischewski Trustee 1.0 0.0 X 0 0 0 Lucy Smith Conroy Trustee 1.0 0.0 X 0 0 0 Rebecca Gaffney Trustee 1.0 0.0 X 0 0 0 Anthony Potamianos Trustee 1.0 0.0 X 0 0 0 Gary Krahn Head of School 40.0 0.0 X 537563 0 37603 David Sigal Chief Financial Officer 40.0 0.0 X 244458 0 25878 Mark Marcus Asst Head of School Ops 40.0 0.0 X 239129 0 25531 Greg Martin Head of Upper School 40.0 0.0 X 174707 0 125917 Matthew Abbondanzio Asst Head of School, I & D 40.0 0.0 X 171672 0 23087 Marna Weiss-Padowitz Head of Lower School 40.0 0.0 X 156065 0 22378 Colleen O'Boyle Head of Middle School 40.0 0.0 X 144638 0 20986 Susan Nordenger Asst Head of School, Dev. 40.0 0.0 X 132867 0 20074 1802858 0 301454 39 false true false ABM Onsite Services PO Box 745799 LOS ANGELES CA 900745799 Janitorial 318597 Naturalists At Large PO Box 3517 VENTURA CA 93006 Education Programs 220668 Dempsey Construction 5937 Darwin Ct Suite 103 CARLSBAD CA 92008 General Contractor 176052 Allied Universal Security Services PO Box 31001-2374 PASADENA CA 911102374 Security 143802 Globalpoint Travel Solutions 9710 Scranton Road 170 SAN DIEGO CA 92121 Travel 129000 9 460710 1527703 76114 1988413 TUITION REVENUE 611600 34459422 34459422 AUXILIARY SERVICE FEES 611600 1557744 1557744 APPLICATION FEES AND FORFEITURES 611600 125619 125619 36142785 696855 5823 691032 0 0 0 0 0 38336757 35863129 29615 2473628 -29615 2444013 2444013 106445 460710 101482 4963 4963 0 0 0 0 0 0 OTHER INCOME 611600 144823 144823 144823 41421852 36287608 5823 3140008 0 4774050 4774050 0 0 1118441 375612 682723 60106 0 16996124 14654582 1896290 445252 1108431 920566 161484 26381 2147402 1862840 238812 45750 1321026 1097129 192457 31440 0 102703 102703 81647 81647 0 0 99310 99310 1327804 765588 526875 35341 27113 27113 2009647 1718707 224644 66296 349611 290547 51082 7982 0 540529 518123 18972 3434 1925 302 1057 566 0 51474 43686 4146 3642 1800809 1635473 142827 22509 0 3104308 2975627 108960 19721 339213 289727 42799 6687 EQUIPMENT RENT 230425 225048 4642 735 TRAINING 310081 259607 50119 355 PRINTING/PUBLICATIONS 122887 106300 16587 BAD DEBT 141341 141341 450033 269314 141569 39150 38556334 32676528 5047872 831934 778123 862114 21177102 21918783 14570 18700 142164 77781 0 0 0 0 0 0 8049 8599 558863 492742 79035968 29070826 51872488 49965142 23257982 26917524 1552690 1589475 0 0 0 0 70116 62793 99432147 101913653 2771246 1728145 0 0 12521768 14146173 28267439 27604933 0 0 0 0 9246043 9024138 0 0 10934811 7766146 63741307 60269535 X 31208702 36456493 1786149 2292676 2695989 2894949 35690840 41644118 99432147 101913653 X 2865518 -83678 3171438 X X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24274322 386678 2894268 419617 27135651 23782250 1502638 -223555 787011 24274322 25240998 482527 808062 2749337 23782250 21159025 884704 3200674 3405 25240998 14363469 5965122 883864 53430 21159025 0.84100 0.10670 0.05230 true false 9920000 9920000 62725814 24719496 38006318 6065446 4351330 1714116 324708 324708 49965142 0 INTEREST RATE SWAPS 7766146 7766146 X 39740812 -83678 -1698844 -1782522 41523334 -101482 -101482 41421852 33787534 101482 101482 33686052 4870282 4870282 38556334 Description of Intended Use of Endowment Funds Schedule D, Part V, Line 4: Board designated endowment funds are used at the discretion of the Board, and may vary from time-to-time. Interest and dividends earned on donor-restricted endowment funds are used for the purpose stipulated by the donors. The School has enacted a policy of spending principal or principal appreciation of the funds (absent donor requirements to the contrary). FIN 48 (ASC 740) Footnote Schedule D, Part X, Line 2: The School is exempt from federal income tax under the provisions of Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code. The School follows authoritative guidance related to uncertain tax positions. The School recognizes accrued interest and penalties associated with uncertain tax positions as part of the income tax provision, when applicable. The School has no uncertain tax positions or amounts accrued in the financial statements related to uncertain tax positions at June 30, 2017. There have been no material changes in unrecognized benefits as of June 30, 2017, nor are any changes anticipated in the twelve months following June 30, 2017. There have been no related tax penalties or interest, which would be classified as a tax expense in the statement of activities. All tax-exempt entities are subject to review and audit by federal, state and other applicable agencies. Such agencies may review the taxability of unrelated business income, or the qualification of the organization as a tax-exempt entity under Internal Revenue Code Section 501(c)(3) and applicable state statutes. As of June 30, 2017, the federal statute of limitations remains open for the 2013 through 2016 tax years. The statute of limitations for the state income tax remains open from 2012 through 2016 tax years. Reconciliation of Revenue per Audited Financial Statements With Return Schedule D, Part XI, Line 2d: Custodial Fees $(99,310) Tuition Financial Assistance $(4,770,973) Change in Value of Interest Rate Swaps $3,168,665 Change in Value of Beneficial Int in Perpetual Trust $2,775 Rounding $(1) Schedule D, Part XI, Line 4b: Fundraising Expenses $(101,482) Reconciliation of Expenses per Audited Financial Statements With Return Schedule D, Part XII, Line 2d: Fundraising Expenses $101,482 Schedule D, Part XII, Line 4b: Custodial Fees $99,310 Tuition Financial Assistance $4,770,973 Rounding $(1) true true true true true true true false false false false false false false false false false true Publication of Nondiscriminatory Policy Schedule E, Part I, Line 3: Notice of nondiscriminatory policy was advertised in the San Diego Union Tribune on June 6, 2017. CA Blue Bash 567155 460710 106445 47263 10500 43719 0 567155 460710 106445 47263 10500 43719 101482 4963 true Student Financial Assistance 217 4774050 Process for Monitoring Use of Grant Funds in the United States Schedule I, Part I, Line 2: The financial assistance committee meets at least annually to review the applications for financial assistance. Qualifying students are granted funds on a demonstrated needs basis. X X true true X X X X false false false false false false false false false Gary Krahn Head of School 392591 0 50000 0 94972 0 19875 0 18743 0 576181 0 0 0 David Sigal Chief Financial Officer 242994 0 0 0 1464 0 16783 0 9760 0 271001 0 0 0 Mark Marcus Asst Head of School Ops 211474 0 0 0 27655 0 17211 0 8851 0 265191 0 0 0 Greg Martin Head of Upper School 164668 0 0 0 10039 0 13578 0 112928 0 301213 0 0 0 Matthew Abbondanzio Asst Head of School, I & D 171534 0 0 0 138 0 12874 0 10785 0 195331 0 0 0 Marna Weiss-Padowitz Head of Lower School 154241 0 0 0 1824 0 11618 0 11302 0 178985 0 0 0 Colleen O'Boyle Head of Middle School 143565 0 0 0 1073 0 10773 0 10741 0 166152 0 0 0 Susan Nordenger Asst Head of School, Dev. 131604 0 0 0 1263 0 9985 0 10569 0 153421 0 0 0 Travel for Companions Schedule J, Part I, Line 1a: The current Head of School's spouse occasionally accompanies the Head of School on business trips (when deemed appropriate), the value of which is reported as taxable compensation on the current Head of School's Form W-2, when required. Housing Allowance Schedule J, Part I, Line 1a: As part of the Head of School's employment contract, the school provides him/her with a housing allowance which is reported as taxable compensation on Form W-2. Severance Arrangements Schedule J, Part I, Line 4a: The Head of School has a severance provision as part of his employment contract. The base salary may be paid for a period of six months, depending on the reason for termination. A ABAG Finance Authority for Nonprofit Corporations 943130123 00037CQQ6 2010-10-14 29850000 Refunding of Prior Bonds false false false A 0 0 29850000 0 0 0 0 0 0 0 0 0 true false true true A false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true A false true true false 0 false 0 true true A true Schedule K, Part I, Column F The date of issuance of the bonds refunded were 6/29/2006 and 7/12/2007. Schedule K, Part IV, Line 2c The final arbitrage rebate and yield restriction compliance report was completed on 1/27/2014. X 8 72311 Fair Market Value X Event Underwriting 14 16844 Fair Market Value X Sound System 5 1250 Fair Market Value X Books / Gift Card 1 500 Fair Market Value X Telescope 1 3000 Fair Market Value false true false Form 990 Review Process Form 990, Part VI, Section B, Line 11b and Part XII, Line 2c: The School's Form 990 is prepared by an outside accounting firm based upon information provided by the School. The full copy is reviewed by internal management of the School for accuracy and completeness. The Audit Committee, which has responsibility for oversight of the audit and selection of an independent accountant, then reviews the full Form 990. The last step in the review process, a full copy of the Form 990 is made available for viewing to each voting member of the School's governing body via a password-protected website before it is filed with the IRS. Monitoring and Enforcement of Conflict of Interest Policy Form 990, Part VI, Section B, Line 12c: The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by having an annual written confirmation by all affected individuals who are instructed to notify the school of any subsequent changes. Process for Determining Comp of Top Executive and Key Employees Form 990, Part VI, Section B, Line 15: The process for determining compensation of the School's Head of School and other key employees involves the following: (1) Identification of key employees, (2) Review and approval by a subcommittee of the governing body and the Board of Trustees, (3) Use of data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations, and (4) Contemporaneous documentation and recordkeeping with respect to deliberations and decisions regarding the compensation arrangement. Documents Made Available to the Public Form 990, Part VI, Section C, Line 19: The governing documents, conflict of interest policy and financial statements are not published. Explanation of Compensation of Highest Compensated Employee Form 990, Part VII, Section A: A top five highest compensated employee received non-taxable tuition financial assistance grants in the amount of $96,491. The grants were made on a demonstrated needs-basis pursuant to the schools financial assistance policy. Other Changes in Net Assets Form 990, Part XI, Line 9: Change in Value of Interest Rate Swaps $3,168,665 Change in Value of Beneficial Int in Perpetual Trust $2,775 Rounding $(2)