2018-05-02T11:37:01-05:00 2017-06-30 410746749 CLIFTONLARSONALLEN LLP 301 N LAKE AVE SUITE 900 PASADENA CA 91101 990 2016-07-01 951426236 BRENTWOOD SCHOOL BREN 3104769633 100 SOUTH BARRINGTON PLACE LOS ANGELES CA 90049 SUSANNE MCNEIL ENG CONTROLLER 3104769633 2018-05-02 1 DAVID ROBYDEK P02127582 6267933600 2018-04-30 67.137.57.251 2018-05-02 08:42:54 PD P 0C3B949DE0044FA10488A02C94FF2E706A60DCAB BDE3236647F86B8AD5E61DCF27015D6D554B66D7 2016 2021-01-29 14:40:06Z MICHAEL RIERA 100 SOUTH BARRINGTON PLACE LOS ANGELES CA 90049 54633600 0 X WWW.BWSCAMPUS.COM X 1972 CA INSPIRE STUDENTS TO THINK CRITICALLY & CREATIVELY, ACT ETHICALLY, & SHAPE A FUTURE W/ MEANING. 28 28 473 250 0 0 12710477 12595318 37584104 39032306 711584 562994 596966 577142 51603131 52767760 3743073 3545128 0 0 25990518 27782292 0 0 2455713 12063402 13108420 41796993 44435840 9806138 8331920 96219536 106478198 39948212 41062572 56271324 65415626 X BRENTWOOD INSPIRES EVERY STUDENT TO THINK CRITICALLY AND CREATIVELY, ACT ETHICALLY, AND SHAPE A FUTURE WITH MEANING. THE CORE VALUES ARE TRUST, RESPECT, RESPONSIBILITY, HONESTY, CARING, COMMUNITY, AND DIVERSITY. 0 0 35272251 3545128 39032306 BRENTWOOD SCHOOL IS A VIBRANT AND DIVERSE COMMUNITY WHOSE PURPOSE IS TO PROMOTE PERSONAL AND INTELLECTUAL GROWTH. THE SCHOOL PROVIDES CHALLENGING, ENGAGING PROGRAMS IN A NURTURING LEARNING ENVIRONMENT, DEVOTING CARE AND ATTENTION TO EVERY STUDENT. BRENTWOOD SCHOOL'S OPERATIONS PRINCIPALLY CONSIST OF PROVIDING EDUCATIONAL SERVICES TO ITS STUDENTS. THE SCHOOL'S TOTAL ENROLLMENT IS APPROXIMATELY 1,000 STUDENTS, WITH 700 STUDENTS IN UPPER AND MIDDLE SCHOOLS AND 300 STUDENTS IN THE LOWER SCHOOL. OF THE TOTAL ENROLLMENT IN THE 2016-17 SCHOOL YEAR, 130 RECEIVED FINANCIAL AID. EACH YEAR IN GRADES 7-12, OVER 200 COURSES ARE OFFERED, INCLUDING 25 AP COURSES. THE AVERAGE NUMBER OF STUDENTS PER GRADE FOR THE UPPER AND MIDDLE SCHOOLS IS 116 STUDENTS. THE 2016-17 GRADUATING CLASS WAS 116 STUDENTS. FOR THE LOWER SCHOOL, THERE ARE APPROXIMATELY 44 STUDENTS PER GRADE. 35272251 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 149 0 473 1 0 0 0 0 0 1 1 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X SUSANNE MCNEIL ENG 3104769633 100 S BARRINGTON PLACE LOS ANGELES CA 90049 DAVID NATHANSON CHAIR 1.00 X X 0 0 0 JERRY GREENBERG VICE CHAIR 1.00 X X 0 0 0 LANCE MILKEN TREASURER 1.00 X X 0 0 0 JOHN TIPTON SECRETARY 1.00 X X 0 0 0 ANTONIETA ARANGO TRUSTEE 1.00 X 0 0 0 ERIKA ARONSON TRUSTEE 1.00 X 0 0 0 LORNE BUCHMAN TRUSTEE 1.00 X 0 0 0 GREGG COLVIN TRUSTEE 1.00 X 0 0 0 MARC EZRALOW TRUSTEE 1.00 X 0 0 0 LANI FAUVRE TRUSTEE 1.00 X 0 0 0 CALISTA FLOCKHART FORD TRUSTEE 1.00 X 0 0 0 TOM GORDON TRUSTEE 1.00 X 0 0 0 JAMIE HALPER TRUSTEE 1.00 X 0 0 0 BAHRAM JALALI TRUSTEE 1.00 X 0 0 0 SCOTT KLEIN TRUSTEE 1.00 X 0 0 0 DAVID KOHL TRUSTEE 1.00 X 0 0 0 KYLE KOZLOFF TRUSTEE 1.00 X 0 0 0 TANYA LOPEZ-BROOKS TRUSTEE 1.00 X 0 0 0 JIMMY LUSTIG TRUSTEE 1.00 X 0 0 0 SARAH MILKEN TRUSTEE 1.00 X 0 0 0 LOREN MONTGOMERY TRUSTEE 1.00 X 0 0 0 BEN NAZARIAN TRUSTEE 1.00 X 0 0 0 IRWIN GOLD TRUSTEE 1.00 X 0 0 0 RON RADZINER TRUSTEE 1.00 X 0 0 0 ANGELA REDDOCK-WRIGHT TRUSTEE 1.00 X 0 0 0 ERIC SCHIFFER TRUSTEE 1.00 X 0 0 0 NADINE WATT TRUSTEE 1.00 X 0 0 0 DAVID WONG TRUSTEE 1.00 X 0 0 0 MICHAEL RIERA HEAD OF SCHOOL 40.00 X 500154 0 79038 NA'EEM SALAAM CHIEF FINANCIAL OFFICER 40.00 X 241571 0 14195 DAWN CUNNION ASSOCIATE HEAD OF SCHOOL 40.00 X 258631 0 34738 GENNEFER YOSHIMARU ASST HOS FOR ADVANCEMENT 40.00 X 242237 0 60312 MITCHELL MCDIFFETT DIRECTOR OF FINANCE 40.00 X 209673 0 24634 VICTOR PESIRI DIRECTOR OF FACILITIES 40.00 X 155343 0 13705 KEITH SARKISIAN LOWER SCHOOL DIRECTOR 40.00 X 148773 0 134515 DAVID VELASQUEZ ASST HOS FOR EXTERNAL AFFA 40.00 X 174584 0 24635 RYAN BOCCUZZI UPPER SCHOOL DIRECTOR 40.00 X 147371 0 11459 2078337 0 397231 28 0 1 0 BROWNSTEIN HYATT FARBER & SCHRECK LL PO BOX 172168 DENVER CO 80217 LEGAL 130630 SAW & ASSOCIATES 3859 CARDIFF AVE SUITE B CULVER CITY CA 90232 PROJECT MANAGEMENT 119228 GIBSON DUNN & CRUTCHER LLP PO BOX 840723 LOS ANGELES CA 90049 LEGAL 101424 3 210681 12384637 601396 12595318 TUITION AND FEES 611710 37932860 37932860 SUMMER SCHOOL 611710 637459 637459 OTHER PROGRAM ACTIVITY 611710 263420 263420 RETREAT 611710 198567 198567 39032306 562994 562994 508359 210681 279040 229319 229319 1355356 1586800 -231444 -231444 TRANSPORTATION 480000 469369 469369 MISCELLANEOUS INCOME 900099 109898 109898 579267 52767760 39032306 0 1140136 3545128 3545128 1463219 1176836 286383 20073632 16830861 2011909 1230862 1073536 895389 110143 68004 3653871 3340388 183776 129707 1518034 1199247 227705 91082 51734 51734 259612 259612 41650 41650 70655 70655 1843484 266024 964187 613273 414447 414447 892959 831793 61166 73231 39080 21383 12768 223222 168619 30969 23634 657955 591644 66311 3027035 2703830 323205 730641 730641 STUDENT ACTIVITIES 1830732 1830732 BUILDINGS, GROUNDS AND 1313099 1313099 STUDENT TRANSPORTATION 1126935 1126935 NON-ACADEMIC 446649 446649 104380 104380 44435840 35272251 6707876 2455713 18824451 27659286 12542098 9291098 18945363 20334775 186029 155807 76963 96993 1019851 1000523 90675901 58770904 30233213 31904997 13289382 13812785 651036 1786896 451150 435038 96219536 106478198 1813287 2474888 18613814 19080553 18913333 18920000 110790 90143 496988 496988 39948212 41062572 X 27834284 32417144 25251367 29807560 3185673 3190922 56271324 65415626 96219536 106478198 8331920 812382 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 14072716 688854 1288477 16050047 13443272 639059 -9615 14072716 12938554 536659 -31941 13443272 11419533 205409 1313612 12938554 9654568 736734 1028231 11419533 0.68090 0.19880 0.12030 0 0 6677636 6677636 44586870 35820562 8766308 15493521 12159458 3334063 10484834 8909740 1575094 13433040 1881144 11551896 31904997 X 51621814 812382 1586800 2399182 49222632 3545128 3545128 52767760 42477512 1586800 1586800 40890712 3545128 3545128 44435840 PART IV, LINE 2B: THE SCHOOL HAS AGENCY/TRUST ACCOUNTS WHEREBY IT HOLDS FUNDS FOR A VARIETY OF ON-CAMPUS CLUBS, STUDENT ACTIVITIES AND THE PARENT ASSOCIATION. PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT IS TO SUPPORT THE MISSION OF BRENTWOOD SCHOOL. PART X, LINE 2: THE SCHOOL HAS FAVORABLE DETERMINATION LETTERS INDICATING IT HAS QUALIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 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: COST OF BOOKSTORE AND LUNCH PROGRAM (INCLUDING CATERING) 1,586,800. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED IN REVENUE 3,545,128. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF BOOKSTORE AND LUNCH PROGRAM (INCLUDING CATERING) 1,586,800. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED NET OF TUITION 3,545,128. 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 HAS ITS RACIALLY NONDISCRIMINATORY POLICY PUBLISHED IN THE PUBLIC NEWSPAPER. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 693416 0 0 0 0 0 0 693416 0 693416 1 0 1 0 0 0 SPRING BENEFIT 474407 210681 263726 26611 121038 10964 25703 PARTY BOOK, EAGLE WEAR AND PARENT U 244592 244592 65041 0 718999 210681 508318 26611 121038 10964 90744 249357 258961 1 FINANCIAL AID 130 3545128 N/A N/A PART I, LINE 2: FINANCIAL AID IS AWARDED TO ADMITTED STUDENTS BASED ON DEMONSTRATED NEED. NEED IS DETERMINED FROM INFORMATION CONTAINED IN THE PARENTS' FINANCIAL STATEMENT FORM. GRANT FUNDS ARE APPLIED DIRECTLY TO TUITION CHARGES FOR STUDENTS, AS WELL AS OTHER CHARGES SUCH AS RETREATS, BOOKS AND SCHOOL TRIPS. X X 0 0 X X X X X 0 0 0 0 0 0 0 1 0 MICHAEL RIERA HEAD OF SCHOOL 436154 0 40000 0 24000 0 31578 0 47460 0 579192 0 0 0 NA'EEM SALAAM CHIEF FINANCIAL OFFICER 217571 0 0 0 24000 0 7151 0 7044 0 255766 0 0 0 DAWN CUNNION ASSOCIATE HEAD OF SCHOOL 234631 0 0 0 24000 0 25844 0 8894 0 293369 0 0 0 GENNEFER YOSHIMARU ASST HOS FOR ADVANCEMENT 218237 0 0 0 24000 0 12852 0 47460 0 302549 0 0 0 MITCHELL MCDIFFETT DIRECTOR OF FINANCE 193599 0 0 0 16074 0 15634 0 9000 0 234307 0 0 0 VICTOR PESIRI DIRECTOR OF FACILITIES 147502 0 0 0 7841 0 4705 0 9000 0 169048 0 0 0 KEITH SARKISIAN LOWER SCHOOL DIRECTOR 140732 0 0 0 8041 0 16082 0 118433 0 283288 0 0 0 DAVID VELASQUEZ ASST HOS FOR EXTERNAL AFFA 156968 0 0 0 17616 0 17616 0 7019 0 199219 0 0 0 RYAN BOCCUZZI UPPER SCHOOL DIRECTOR 129371 0 0 0 18000 0 4415 0 7044 0 158830 0 0 0 PART I, LINE 1A THE HEAD OF THE SCHOOL IS CONTRACTUALLY REQUIRED TO OCCUPY SCHOOL-OWNED HOUSING ADJACENT TO THE SCHOOL, WHERE HE ALSO REGULARLY ENTERTAINS FOR SCHOOL-RELATED FUNCTIONS. IN ADDITION, FOR THE SCHOOL'S CONVENIENCE, HOUSE CLEANING SERVICES ARE PROVIDED TO MAINTAIN THE RESIDENCE. PART I, LINE 7 DISCRETIONARY BONUSES PAID TO MICHAEL RIERA, HEAD OF SCHOOL, $40,000. A CALIFORNIA INFRASTRUCTURE & ECONOMIC DFV BANK 630304653 2014-09-23 39800000 PAY OFF PRIOR BOND AND CONSTRUCTION 0 0 0 A 39800000 10873008 350000 4174890 1902102 22500000 0 1 0 1 A 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 A 1 OFFICER & KEY EMPLOYEE 78390 TUITION REMISSION TUITION REMISSION X 28 601398 FMV ON DATE OF GIFT 0 1 0 FORM 990, PART VI, SECTION A, LINE 1 EXECUTIVE COMMITTEE THE EXECUTIVE COMMITTEE SHALL DISCUSS PROBLEMS, ISSUES AND MATTERS REQUIRING DECISION TO BE BROUGHT BEFORE THE BOARD OF TRUSTEES AND PRESENT SUCH PROBLEMS, ISSUES AND MATTERS TO THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE SHALL HAVE ALL THE AUTHORITY OF THE BOARD, EXCEPT WITH RESPECT TO: A. THE FILLING OF VACANCIES ON THE BOARD OF TRUSTEES OR IN ANY COMMITTEE WHICH HAS THE AUTHORITY OF THE BOARD; B. THE FIXING OF COMPENSATION OF THE TRUSTEES FOR SERVING ON THE BOARD OR ON ANY COMMITTEE; C. THE AMENDMENT OR REPEAL OF BYLAWS OR THE ADOPTION OF NEW BYLAWS; D. THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD OF TRUSTEES WHICH BY ITS EXPRESS TERMS IS NOT SO AMENDABLE OR REPEALABLE; E. THE APPOINTMENT OF ANY OTHER COMMITTEES OF THE BOARD OF TRUSTEES OR THE MEMBERS OF THESE COMMITTEES; F. THE EXPENDITURE OF CORPORATE FUNDS TO SUPPORT A NOMINEE FOR TRUSTEE AFTER THERE ARE MORE PERSONS NOMINATED FOR TRUSTEE THAN CAN BE ELECTED; G. WITH RESPECT TO ANY ASSETS HELD IN CHARITABLE TRUST, THE APPROVAL OF ANY SELF-DEALING TRANSACTION, EXCEPT AS PROVIDED IN CALIFORNIA CORPORATIONS CODE SECTION 5233(D)(3); AND H. THE APPROVAL OF ANY ACTION FOR WHICH THE CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION LAW ALSO REQUIRES APPROVAL OF THE MEMBERS OR APPROVAL OF A MAJORITY OF ALL MEMBERS. THE EXECUTIVE COMMITTEE SHALL HAVE AT LEAST THREE (3) MEMBERS, WHO SHALL BE ELECTED AMONG THE FOLLOWING MEMBERS OF THE BOARD OF TRUSTEES: THE CHAIRPERSON OF THE BOARD; THE TRUSTEES ACTING AS CHAIRPERSONS FOR EACH STANDING COMMITTEE, WITH THE EXCEPTION OF THE AUDIT COMMITTEE; THE VICE CHAIRPERSON; THE TREASURER; THE SECRETARY; AND SUCH OTHER TRUSTEES AS THE BOARD SHALL SELECT. THE HEAD OF SCHOOL SHALL SERVE AS AN EX OFFICIO NON-VOTING PARTICIPANT AT EACH EXECUTIVE COMMITTEE MEETING. THE BOARD OF TRUSTEES SHALL ELECT THE MEMBERS OF THE EXECUTIVE COMMITTEE BY A MAJORITY VOTE OF THE TRUSTEES THEN IN OFFICE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION SUBMITTED BY MANAGEMENT. ONCE THE DRAFT RETURN IS REVIEWED COMPLETELY BY THE MANAGEMENT, IT IS THEN PRESENTED TO THE AUDIT COMMITTEE FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD OF TRUSTEE MEMBER IS REQUIRED TO SIGN A CONFLICT OF INTEREST DOCUMENT ANNUALLY. ALL POTENTIAL CONFLICTS ARE FOLLOWED UP AND NOTED. THESE FORMS ARE KEPT BY THE ASSISTANT TO THE HEAD OF THE SCHOOL. A TRUSTEE WHO IS INVOLVED IN A POTENTIAL CONFLICT OF INTEREST IS NOT ALLOWED TO VOTE ON ANY MATTERS RELATED WITH THE CONFLICT OF INTEREST. FOLLOWING DISCLOSURE OF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, THE BOARD CHAIR SHALL DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS, AND, IF SO, THE CHAIR SHALL REFER THE MATTER TO THE AUDIT COMMITTEE, WHICH SHALL DETERMINE HOW BEST TO PROTECT THE SCHOOL'S INTERESTS. THE CHAIR OF THE BOARD SHALL DISCLOSE HIS OR HER OWN ACTUAL OR POTENTIAL CONFLICTS OF INTEREST TO THE CHAIR OF THE AUDIT COMMITTEE, WHO SHALL DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS AND, IF SO, REFER THE MATTER TO THE AUDIT COMMITTEE, WHICH SHALL DETERMINE HOW BEST TO PROTECT THE SCHOOL'S INTERESTS. PROCEEDINGS ARE DOCUMENTED AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES DETERMINES THE COMPENSATION OF THE HEAD OF THE SCHOOL. DETERMINATIONS ARE MADE BY COMPARISONS WITH DATA OBTAINED FROM CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS (CAIS) AND INDEPENDENT SCHOOLS BUSINESS OFFICERS ASSOCIATION (CAL ISBOA). THE DELIBERATION AND DECISION ARE DOCUMENTED. THIS PROCESS LAST OCCURRED IN 2015. THE AUDIT COMMITTEE MEETS ANNUALLY TO DETERMINE THE SALARIES OF OTHER OFFICERS AND KEY EMPLOYEES THROUGH REVIEW OF INDEX AND CAL ISBOA SALARY SURVEYS. THE DELIBERATION AND DECISION ARE DOCUMENTED. THIS PROCESS LAST OCCURRED IN 2017. 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 PROCESS HAS NOT CHANGED FROM PRIOR YEAR.