2017-11-13T14:40:11-06:00 2017-06-30 341884125 CBIZ MHM LLC 3101 N Central Ave Ste 300 Phoenix AZ 85012 990 2016-07-01 861061606 Pacific Ridge School PACI 7604489820 6269 El Fuerte Street Carlsbad CA 92009 robert j buscher CFO/COO 7604489820 2017-11-13 1 Amy A O'Loughlin P00869687 6022646835 98.172.103.38 2017-11-13 12:55:37 MS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A837B94E180C934683E0F08501933AB6CEC38986 2016 2017-02-10 21:41:12Z Robert Ogle 6269 el fuerte carlsbad CA 92009 26040152 0 X www.pacificridge.org X 2003 CA PREPARE STUDENTS FOR A PURPOSEFUL LIFE THROUGH ACADEMIC EXCELLENCE AND GLOBAL ENGAGEMENT. 21 12 210 80 0 0 1538017 3903247 17697973 18887934 -127002 14483 20186 29456 19129174 22835120 2684054 2844371 0 0 10294302 11153775 0 0 693932 8967287 9140210 21945643 23138356 -2816469 -303236 71065812 70069812 46062049 45381125 25003763 24688687 X In a community that fosters academic excellence, ethical responsibility and global engagement, Pacific Ridge School prepares students for college and a purposeful life. 0 0 21763073 2844371 18887934 In the academic year of 2016-2017, Pacific Ridge School increased enrollment to 580 students in grades 7-12 from 569 students in the 2015-2016 academic year. School leadership recognizes the need to involve students in service learning groups, global travel opportunities, the arts, sciences, and athletic teams. Pacific Ridge students are thriving because we believe in them.Service learning enriches each student's academic experience, teaches civic and ethical responsibility and strengthens communities for the common good. Built into the curriculum, 100% of Pacific Ridge students are involved in one of the 30 service learning groups. Exploring different cultures, embracing the unfamiliar and service those outside of our community, our students become global citizens, intent on making a difference. Through global engagement, our students have traveled to 37 countries and 6 continents.Pacific Ridge offers 28 upper school art electives including photography, music, singing, theater, graphic design, computer programming, visual arts, and dance. Our state of the art campus includes 8 art studios and 3 music practice rooms. The science department utilizes 8 science labs and with an average class size of 15 students, every student is engaged and hands-on. Pacific Ridge offers 53 athletic teams, led by passionate coaches and staff, our student-athletes learn the spirit of competition and the value of sportsmanship while pursuing excellence on and off the field. Excellence does not end in the classroom. With 45 academic and enrichment clubs, students have the ability to share their talents, broaden their interest, and develop their leadership skills. Faculty bring a wealth of experience, passion and global perspective to the classroom every day. 80% of our faculty hold advanced degrees. An average 8:1 student-to-teacher ratio to ensure comprehension and advancement. While tuition ensures an exceptional education, it is through philanthropy that we are able to go above and beyond - providing the extraordinary experiences that allow our students to fulfill their greatest potential. 21763073 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 59 0 1 210 1 0 0 0 0 0 0 0 0 0 0 X 21 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 CA X Robert Buscher CFOCOO 7604489820 6269 El Fuerte Street Carlsbad CA 92009 Steve Netzley Board Chair 10.00 X X 0 0 0 Bob Regnery Treasurer 5.00 X X 0 0 0 Spencer Burkholz Secretary 1.00 X X 0 0 0 Kumar Aiyer Trustee 1.00 X 0 0 0 Eugene Chen Trustee 1.00 X 0 0 0 Mike Coit Trustee 1.00 X 0 0 0 Paul Flather Trustee 5.00 X 0 0 0 Felicia Hinrichs Trustee 1.00 X 0 0 0 Bill Keitel Trustee 1.00 X 0 0 0 Jason Kelly Trustee 1.00 X 0 0 0 Andy Laats Trustee 1.00 X 0 0 0 Kirk Malloy Trustee 5.00 X 0 0 0 Chris Maloney Trustee 5.00 X 0 0 0 Janet McVeigh Trustee 1.00 X 0 0 0 Gwendolyn Meyer Trustee 1.00 X 0 0 0 Amy Monteparte Trustee 1.00 X 0 0 0 Chris Nero Trustee 5.00 X 0 0 0 Jori Potiker Trustee 1.00 X 0 0 0 Steve Rosetta Trustee 5.00 X 0 0 0 Shari Sapp Trustee 5.00 X 0 0 0 Johann Verheem Trustee 1.00 X 0 0 0 Robert Ogle Head of School 40.00 X 283142 0 29725 Robert Buscher CFO/COO 40.00 X 209320 0 27133 Rachel Petrella Dir of College Guidance 40.00 X 135395 0 12231 sidra smith assistant Head of School 40.00 X 146458 0 12718 william maynard director of IT 40.00 X 123442 0 20380 WILLIAM WRIGHT HEAD OF MIDDLE SCHOOL 40.00 X 120816 0 19889 HANS RICHTER ATHLETICS DIRECTOR 40.00 X 120654 0 22644 1139227 0 144720 14 0 1 0 BUSY B'S 2588 El Camino Real 355 Carlsbad CA 92008 Janitorial 261632 WESS TRANSPORTATION PO Bx 462788 Escondido CA 92046 Bus transportation 227345 CARDIFF SEASIDE MARKET 2087 San Elijo Ave Cardiff By The Sea CA 92007 lunch service 164117 3 3903247 101564 3903247 Education Program 611600 18887934 18887934 18887934 30143 30143 33828 4372 29456 29456 29456 3185000 0 3189844 10816 -4844 -10816 -15660 -15660 22835120 18887934 0 43939 2844371 2844371 882700 392341 300699 189660 8136634 7870118 120068 146448 449011 411566 21588 15857 965209 891299 36965 36945 720221 666428 28648 25145 11012 8882 1840 290 44500 44500 357248 142574 214674 288963 277923 6943 4097 125597 123497 1057 1043 922981 897604 20696 4681 4808 3208 1167 433 92112 57724 29652 4736 1069765 1042272 5563 21930 2580609 2521208 46910 12491 245725 231634 10369 3722 EDUCATIONAL TRAVEL 1468081 1468081 studeNT ACTIVITIES 1007248 1007248 athletic expenses 410307 410307 TRANSPORTATION 168100 168100 343154 326688 4686 11780 23138356 21763073 681351 693932 X 119216 108920 1875 8421 3411899 330589 8340016 11620004 1751794 2250827 4323585 4176217 368146 206696 65609589 14124110 52870372 51485479 71065812 70069812 1638730 1748324 14029030 14386147 24519026 23497579 5750000 5667000 125263 82075 46062049 45381125 X 22746395 20933820 2257368 3754867 25003763 24688687 71065812 70069812 -303236 -11840 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9666221 9666221 43243812 7664346 35579466 7299148 3363118 3936030 4869066 2924388 1944678 531342 172258 359084 51485479 capital lease obligations 82075 82075 X 16955043 4372 4372 16950671 5884449 5884449 22835120 16516123 4372 4372 16511751 6626605 6626605 23138356 Part X, Line 2: The school is exempt from income taxes under Internal Revenue Code Section 501(c)(3) and Section 23701(d) of the California Revenue anad Taxation Code. At June 30, 2017, the federal statute of limitations remains open for the 2014 through 2017 tax years. The statute of limitations for the state income tax returns remains open for the 2013 through 2017 tax years. Part XI, Line 2d - Other Adjustments: RENTAL EXPENSES INCLUDED IN REVENUE 4,372. Part XI, Line 4b - Other Adjustments: CAPITAL SUPPORT AND OTHER REVENUES: Capital Campaign related support 2,893,735. interest and dividend income 30,143. Net realized investment losses -4,844. loss on disposal of property and equipment -10,816. Expenses included in book revenue not for tax revenue: Tuition and Travel related assistance 2,844,371. Parents Association expenses 65,236. Bad Debt Expenses 66,624. Part XII, Line 2d - Other Adjustments: RENTAL EXPENSES INCLUDED IN REVENUE 4,372. Part XII, Line 4b - Other Adjustments: OTHER EXPENSES: DEPRECIATION AND AMORTIZATION 2,580,609. INTEREST EXPENSE 1,069,765. Expenses included in book revenue not for tax revenue: Tuition and Travel related assistance 2,844,371. Parents Association expenses 65,236. Bad Debt Expenses 66,624. 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 non-discrimination policy was published on all admissions brochures and newspaper print ads in the north county times, which covers all of north san diego county. 1 East Asia and the Pacific 0 0 Program services Global education 56132 South Asia 0 0 Program services global education 27886 0 0 0 0 0 0 84018 0 84018 0 0 0 0 0 0 Part I, line 3: Assistance is provided to students participating in global study opportunities. Payments are monitored by the school and provided directly to tour operators. 1 education/tuition assistance 169 2676849 TRAVEL ASSISTANCE 119 167522 Part I, Line 2: All families requesting tuition assistance must complete forms required by our out-sourced tuition assistance analysis provider, Financial Aid for School tuition (FAST). FAST recommends the family contribution portion. This information is given to the tuition assistance committee which uses the FAST information along with other factors to determine the assistance amount. The funds are not actually transferred to the students, but rather serve as a reduction of the tuition payments due; therefore, the entity does not require any further procedures to be in place to monitor the use of the tuition assistance. X X X X 0 0 0 0 0 0 0 1 0 Robert Ogle Head of School 257512 0 25000 0 630 0 13250 0 16475 0 312867 0 0 0 Robert Buscher CFO/COO 207514 0 0 0 1806 0 10658 0 16475 0 236453 0 0 0 sidra smith assistant Head of School 146026 0 0 0 432 0 7338 0 5380 0 159176 0 0 0 Part I, Line 7 BONUS PAYMENTS WERE MADE BASED ON MEETING ORGANIZATIONAL GOALS AND ARE AT THE DISCRETION OF THE BOARD OF trustees. A california Enterprise Development Authority 352273601 2011-07-28 3867000 campus expansion 0 0 0 B California Enterprise Development Authority 352273601 2012-01-26 3383000 campus expansion 0 0 0 C California Enterprise Development Authority 352273601 2013-08-28 25200000 refinance debt and campus expansion 0 0 0 D california Enterprise Development Authority 352273601 2014-07-25 1250000 campus expansion 0 0 0 A 3867000 3867000 2012 1 0 1 1 B 1000000 3383000 3383000 2012 1 0 1 1 C 1583246 25074000 112648 24961352 2015 1 0 1 1 D 1250000 9625 1240375 2015 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 1 1 0 0 0 1 B 0 0 1 1 1 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 1 1 1 0 0 0 1 A 1 B 1 C 1 D 1 Date Rebate Computation Performed Issuer Name: california Enterprise Development Authority Date the Rebate Computation was Performed: 06/30/2012 Issuer Name: California Enterprise Development Authority Date the Rebate Computation was Performed: 06/30/2012 Issuer Name: California Enterprise Development Authority Date the Rebate Computation was Performed: 07/08/2015 Issuer Name: california Enterprise Development Authority Date the Rebate Computation was Performed: 06/30/2015 robert buscher cfo/coo part V X 250000 250000 0 1 1 BILL KEITEL trustee part V X 500000 500000 0 1 1 kirk malloy trustee part V X 300000 300000 0 1 1 Christopher Maloney trustee part V X 250000 250000 0 1 1 Christopher Nero trustee part V X 1000000 1000000 0 1 1 steve netzley trustee part V X 500000 500000 0 1 1 jori potiker trustee part V X 500000 500000 0 1 1 Robert Regnery trustee part V X 617000 617000 0 1 1 Richard Sapp part V part V X 1000000 1000000 0 1 1 Janet McVeigh trustee PART V X 500000 500000 0 1 1 Robert Ogle head of school campus expansion X 250000 250000 0 1 1 5667000 Schedule L, Part II, Loans To and From Interested Persons (CONTINUED) (A) Name of person: Robert Buscher(B) Relationship with organization: CFO/COO(C) Purpose of Loan: Campus expansion(D) Loan to or From Organization? = To(E) Original principal amount: $250,000(F) Balance Due: $250,000(G) Loan in default? = No(H) Approved by board or committee? = Yes(I) Written agreement? = Yes(A) Name of person: Bill Keitel(B) Relationship with organization: Trustee(C) Purpose of Loan: Campus expansion(D) Loan to or From Organization? = To(E) Original principal amount: $500,000(F) Balance Due: $500,000(G) Loan in default? = No(H) Approved by board or committee? = Yes(I) Written agreement? = Yes(A) Name of person: Kirk Malloy(B) Relationship with organization: Trustee(C) Purpose of Loan: Campus expansion(D) Loan to or From Organization? = To(E) Original principal amount: $300,000(F) Balance Due: $300,000(G) Loan in default? = No(H) Approved by board or committee? = Yes(I) Written agreement? = Yes(A) Name of person: Christopher Maloney(B) Relationship with organization: Trustee(C) Purpose of Loan: Campus expansion(D) Loan to or From Organization? = To(E) Original principal amount: $250,000(F) Balance Due: $250,000(G) Loan in default? = No(H) Approved by board or committee? = Yes(I) Written agreement? = Yes(A) Name of person: Christopher Nero(B) Relationship with organization: Trustee(C) Purpose of Loan: Campus expansion(D) Loan to or From Organization? = To(E) Original principal amount: $1,000,000(F) Balance Due: $1,000,000(G) Loan in default? = No(H) Approved by board or committee? = Yes(I) Written agreement? = Yes(A) Name of person: Steve Netzley(B) Relationship with organization: Trustee(C) Purpose of Loan: Campus expansion(D) Loan to or From Organization? = To(E) Original principal amount: $500,000(F) Balance Due: $500,000(G) Loan in default? = No(H) Approved by board or committee? = Yes(I) Written agreement? = Yes(A) Name of person: Jori Potiker(B) Relationship with organization: Trustee(C) Purpose of Loan: Campus expansion(D) Loan to or From Organization? = To(E) Original principal amount: $500,000(F) Balance Due: $500,000(G) Loan in default? = No(H) Approved by board or committee? = Yes(I) Written agreement? = Yes(A) Name of person: Robert Regnery(B) Relationship with organization: Trustee(C) Purpose of Loan: Campus expansion(D) Loan to or From Organization? = To(E) Original principal amount: $617,000(F) Balance Due: $617,000(G) Loan in default? = No(H) Approved by board or committee? = Yes(I) Written agreement? = Yes(A) Name of person: Richard Sapp(B) Relationship with organization: Spouse of Shari Sapp, Trustee(C) Purpose of Loan: Campus expansion(D) Loan to or From Organization? = To(E) Original principal amount: $1,000,000(F) Balance Due: $1,000,000(G) Loan in default? = No(H) Approved by board or committee? = Yes(I) Written agreement? = Yes(A) Name of person: Janet McVeigh(B) Relationship with organization: Trustee(C) Purpose of Loan: Campus expansion(D) Loan to or From Organization? = To(E) Original principal amount: $500,000(F) Balance Due: $500,000(G) Loan in default? = No(H) Approved by board or committee? = Yes(I) Written agreement? = Yes X 7 101564 HI/LOW AVERAGE 0 0 0 1 Part I, Line 32b: The organization uses its investment broker, First Republic Securities, to process and sell contributed stocks within one week of receipt. Form 990, Part VI, Section B, line 11b The 990 is prepared by an outside accounting firm. The audit Committee reviews the 990 and approves it for distribution to the full Board. Each Board member receives a copy of the full 990 via email and is given a week to review and comment on the return before it is filed with the IRS. Form 990, Part VI, Section B, line 12c The Committee on Trustees issues a questionnaire annually which asks each Trustee if s/he has conflicts of interest. Each Trustee must return the signed form confirming any or the lack of conflicts of interest. If there is a conflict of interest, the conflicted trustee would recuse him/herself from any discussions and/or votes on the matter. Form 990, Part VI, Section B, line 15 The Chair of the Committee on Trustees, a sub-committee of the Board, uses a customized salary survey each year from the National Association of Independent Schools. The survey lists the salaries of Heads of School and Financial Directors of six similar private schools in Southern California. After review and documentation of the salaries, the Committee on Trustees recommends next year's annual salary for the Head of School. While the annual salary of the Chief Financial and Operations Officer is set by the Head of School, such salary level is also reviewed and acknowledged by the Committee on Trustees. Board discussion and vote to approve are then taken. Form 990, Part VI, Section C, line 19 The school's articles of incorporation, by-laws, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. The School responds to all requests for the documentation either by email or on-site viewing.