2017-11-13T09:49:52-08:00 2017-06-30 MARYANOV MADSEN GORDON CAMPBELL PO Box 1826 PALM SPRINGS CA 922631826 990 2016-07-01 952133079 The Palm Valley School PALM 7603280861 35525 Da Vall Dr Rancho Mirage CA 92270 GAIL KOCEN CHAIR 2017-11-13 true Steven T Erickson CPA P00404339 7603206642 2016 2017-02-10 21:41:12Z 5776872 false false X WWW.PVS.ORG X 2000 CA Palm Valley School is an exceptional learning community that educates, nurtures, and challenges each student to achieve excellence and contribute to our global society. 11 9 134 150 0 459907 382547 5271576 5077584 74157 58158 119428 127545 5925068 5645834 0 0 4079299 4043742 0 40438 2930360 2565634 7009659 6609376 -1084591 -963542 17438523 17028418 7125255 7630285 10313268 9398133 Palm Valley School is an exceptional learning community that educates, nurtures, and challenges each student to achieve excellence and contribute to our global society. false false 4991174 EDUCATIONAL PROGRAMS BENEFITTING PRIMARY AND SECONDARY GRADE LEVEL STUDENTS OF ANY RACE, CREED, OR COLOR. 4991174 true true false false false false false false false true true false false false false true true false true false false false false false true false false false false true false false false false false false false false false false false false false false false false false false false false false true 10 0 true 134 true false false false false false false true true false 0 false false false false false false false false false false X 11 9 false false false false false false false true true false false true true true true true true true true false CA X SUSAN RICE 7603280861 35525 DA VALL DR RANCHO MIRAGE CA 922701822 X JACI FITZSIMONDS Trustee 2.00 0.00 X 0 0 0 JOHN SHAY Trustee 2.00 0.00 X 0 0 0 THOMAS G CLARKE Secretary 2.00 0.00 X X 0 0 0 JASON HUSKEY Trustee 2.00 0.00 X 0 0 0 BRYAN JENSEN Trustee 2.00 0.00 X 0 0 0 JENNIFER JENKINS Treasurer 2.00 0.00 X X 0 0 0 KIMBERLEY YANG Trustee 2.00 0.00 X 0 0 0 GAIL KOCEN CHAIRPERSON 2.00 0.00 X X 0 0 0 TIMOTHY JOCHEN Trustee 2.00 0.00 X 0 0 0 DAVID MULE vice Chair 2.00 0.00 X X 0 0 0 LAURA NEIL Trustee 2.00 0.00 X 0 0 0 SUSAN RICE HEAD OF SCHOOL 40.00 0.00 X 172211 0 2400 172211 2400 1 false true false 0 382547 382547 AUXILARY SERVICES 103985 103985 TUITION & FEES 4973599 4973599 5077584 15490 15490 0 0 3100 3100 3100 3100 59816 17148 42668 42668 42668 210430 113890 96540 96540 0 0 OTHER INCOME 611710 27905 27905 27905 5645834 5151257 112030 0 0 0 0 174611 130958 41907 1746 0 3527470 2645603 846592 35275 0 341661 256246 81998 3417 0 0 0 15500 15500 0 0 0 134431 116074 18357 35325 35325 0 0 0 0 0 0 0 235261 176446 58815 0 832775 624581 208194 116545 104890 11655 UTILITIES 260975 195731 65244 REPAIRS AND MAINTENANCE 231688 173766 57922 OTHER OVERHEAD 163456 81728 81728 SUPPLIE, POSTAGE, & PRINTING 144649 108487 36162 395029 376664 18365 6609376 4991174 1577764 40438 546070 700906 0 25000 0 41274 223000 0 0 0 0 57509 48174 25509756 10145357 16197174 15364399 568816 619439 0 0 0 2680 72500 17438523 17028418 451145 415499 1079893 1757737 5594217 5457049 7125255 7630285 X 10191015 9270127 41981 47734 80272 80272 10313268 9398133 17438523 17028418 -963542 48407 X X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 546842 57869 17851 586860 583835 -19319 17674 546842 633296 -19309 30152 583835 611691 51530 29925 633296 581797 51294 21400 611691 0.85000 0.14000 0.01000 false false false 1281463 1281463 18801609 7363070 11438539 3915796 1826908 2088888 1131648 719833 411815 379240 235546 143694 15364399 X 5808131 48407 113890 162297 5645834 5645834 6723266 113890 113890 6609376 6609376 Part V, Line 4: Intended uses of the endowment fund. The School's endowment consists of funds established for a variety of purposes. Its endowment includes both donor-restricted funds and funds designated by the Board of Trustees to function as endowments. As required by generally accepted accounting principles, net assets associated with endowment funds, including funds designated by the Board of Trustees to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. Part X : FIN48 Footnote The School is a not-for-profit organization exempt from taxes under Section 501(c)(3) of the Internal Revenue Code. The School has not engaged in any activities subject to income tax on unrelated business income; therefore, no provision has been made for income taxes.The School's policy is to record income tax related interest and penalties in operating expenses. For the years ended June 30, 2017 and 2016, there was no interest or penalties expense recorded and no accrued interest and penalties. Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the School and recognize a tax liability (or asset) if the School has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. Management has analyzed the tax positions taken by the School, and has concluded that as of June 30, 2017 and 2016 there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The School is subject to routine audits by taxing jurisdictions; however there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations by the IRS prior to 2013 or the FTB prior to 2012. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 SPECIAL EVENT DIRECT EXPENSES $113890 Part XII, Line 2d: Other expenses and losses per audited F/S SPECIAL EVENT DIRECT EXPENSES $113890 true true true true true true true false false false false false false false false false false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race false ANNUAL GALA 177079 177079 45452 28682 26193 WINE TASTING 17455 17455 5270 1 15896 15896 8293 210430 210430 45452 28682 39756 113890 96540 X X false false false false false false false false false false SUSAN RICE HEAD OF SCHOOL 172211 2400 174611 Form 990, Part VI, Line 11b: Form 990 Review Process ANNUAL BOARD MEETING DISCUSSION. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts ANNUAL BOARD MEETING DISCUSSION. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE COMPENSATION COMMITTEE REVIEWS THE HEADMASTER'S CONTRACT WITH COMPARATIVE DATA FROM OTHER INDEPENDENT SCHOOLS AS REPORTED BY THE CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS, AS WELL AS NATIONAL AND LOCAL DATA FROM SIMILAR INSTITUTIONS. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available DOCUMENTS ARE AVAILABLE BY REQUEST TO THE HEADMASTER OR THE BUSINESS MANAGER THROUGH THE SCHOOL'S ADMINISTRATIVE OFFICE. Form 990, Part XII, Line 2: Change of Oversight or Selection Process THE ORGANIZATION'S AUDIT COMMITTEE REVIEWS THE AUDIT AND MEETS WITH THE AUDITOR PRIOR TO THE AUDIT REPORT BEING FINALIZED.