2017-04-17T12:04:31-05:00 2016-06-30 946214841 Armanino LLP 11766 Wilshire Blvd 9th Floor Los Angeles CA 90025 990 2015-07-01 954823489 New Roads School NEWR 3108285582 3131 Olympic Blvd Santa Monica CA 90404 Luthern Williams President/Head of School 3108285582 2017-04-17 1 Michael Cantrill P00444081 3104784148 2015 2021-01-29 14:40:06Z Luthern Williams 3131 Olympic Blvd Santa Monica CA 90404 24297030 0 X www.newroads.org X 1995 CA To serve as a model for education in an ethnicaly and culturally diverse community. 25 25 241 298 0 0 2095204 1816743 21656606 21982556 23027 -163374 280541 227127 24055378 23863052 7871940 7592405 0 0 11178118 11467846 0 0 1164705 5592480 5482624 24642538 24542875 -587160 -679823 54415526 53230167 22197487 21877559 32218039 31352608 X New Roads School is an independent school in Los Angelesserving grades K-12. It was established in 1995 as a model for education in an ethnically, culturally, and socio-economically diverse community. New Roads rests upon several fundamental commitments (See Schedule O) (1) development of a student population of social, economic, ethnic, and racial diversity, (2) development of each student's full human potential, (3) academic excellence and excellence in the arts, (4) behaving responsibly and honorably as an institution, and (5) serving the larger ecological and social community. 0 0 21348701 7592405 21982556 New Roads School strives to provide a progressive college preparatory program from which each student will develop a personal dedication to learning, a respect for independent thinking, and a respect for the humanity and ecology of the world. K-12 college preparatory independent school set on campuses in West Los Angeles (Elementary School) and Santa Monica, California (Secondary School). The schools currently serve 604 students, 95 at the elementary school and 509 at the middle and upper schools. Our student community's diversity consists of 43% people of color; our faculty consists of 33% people of color. 21348701 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 97 0 1 241 1 0 0 0 0 0 1 1 0 0 0 0 X 25 25 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Kitty Cohen 3108285582 c/o New Roads School 3131 Olympic Santa Monica CA 90404 Mark Windham Board Chair 6.00 X X 0 0 0 Emily Alexander Board Vice Chair 4.00 X X 0 0 0 Art Antin Board Secretary 4.00 X X 0 0 0 Marla Mayer Board Treasurer 4.00 X X 0 0 0 David Linde Board At-Large Member, Executive Committee 2.00 X 0 0 0 Josh Welsh Director 2.00 X 0 0 0 Kimberly Buffington Director 2.00 X 0 0 0 Joel Deutsch Director 2.00 X 0 0 0 Jeff Marsh Director 2.00 X 0 0 0 Harvey Motulsky Director 2.00 X 0 0 0 Sean Scott Director 2.00 X 0 0 0 Joshua Hofheimer Director 2.00 X 0 0 0 Pamela Litvack Director 2.00 X 0 0 0 Rick Rappaport Director 2.00 X 0 0 0 Sam Mudie Director 2.00 X 0 0 0 Ora Nadrich Director 2.00 X 0 0 0 Tami Pflug Director 2.00 X 0 0 0 Laura Rosales Director 2.00 X 0 0 0 Santiago Rosales Director 2.00 X 0 0 0 Andy Rose Director 2.00 X 0 0 0 Icilda Sanford Director 2.00 X 0 0 0 Robert Singer Director 2.00 X 0 0 0 Nancy Stephens Director 2.00 X 0 0 0 Suzy Amis Cameron Director 2.00 X 0 0 0 Bernhard Fritsch Director 2.00 X 0 0 0 Walter Landberg President, Prior Head of School 50.00 X 321009 0 8411 Luthern Williams President, Head of School, beginning 08/2015 50.00 X 174835 0 5755 Elise Yen COO/CFO 50.00 X 189566 0 2981 Ryan Hawley Assistant Head of School 40.00 X 164013 0 19358 Jacqueline Olivier Elementary School Director 40.00 X 163852 0 15072 Nancy London Chief Strategy Officer 50.00 X 136488 0 18044 Jacqueline Pravda Director of College Counseling 40.00 X 125958 0 13955 Eric Etheridge Human Resource & Business Manager 40.00 X 113402 0 7667 1389123 0 91243 11 0 1 0 Ethel Shelly PO Box 2461 Culver City CA 90231 Rents 342664 The Cherub Family Trust 469 Arroyo Chico Laguna Beach CA 92651 Rent 274323 Gemini II 4447 Tobias Avenue Sherman Oaks CA 91413 Custodial 148610 K2 Consulting Group 5418 Bromely Drive Oak Park CA 91377 Development 111000 4 393540 1423203 58839 1816743 Tuition and Fees 611600 21601525 21601525 Student Activities 611600 325635 325635 Administration Fees 900099 55396 55396 21982556 13694 13694 209590 0 209590 209590 209590 119229 97178 199119 22051 -199119 -177068 -177068 137681 393540 137681 0 Miscellaneous 900099 17537 17537 17537 23863052 21982556 0 63753 7592405 7592405 732272 115769 504994 111509 8708228 7563295 579660 565273 287307 229246 38242 19819 1072764 845829 154657 72278 667275 521411 100037 45827 63465 63465 42352 42352 181553 141866 27218 12469 45938 35896 6887 3155 601962 447531 90249 64182 1467110 1173626 192725 100759 12814 10013 1921 880 378845 296031 56796 26018 1403251 1196505 110373 96373 131433 102702 19704 9027 Student Activities 917632 917632 Taxes and Licenses 134495 105095 20163 9237 Dues and Subscriptions 50316 39317 7543 3456 Bank Charges 26142 14532 6471 5139 25316 6012 19304 24542875 21348701 2029469 1164705 4869146 4724765 16908 85772 302730 220574 195287 199570 329084 51963072 5918200 47061175 46044872 902985 771182 419268 341866 640128 520381 54415526 53230167 649396 799122 4614593 4450485 16350928 16060670 582570 567282 22197487 21877559 X 30880545 30314322 636938 337730 700556 700556 32218039 31352608 54415526 53230167 X -679823 -48319 -137289 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 808244 -14970 793274 793293 100 14851 808244 805536 66564 78807 793293 281382 513047 25652 14545 805536 290008 1070 9696 281382 0.11690 0.88310 0 0 13012841 13012841 34830703 4278472 30552231 3375254 1047798 2327456 496306 347198 149108 247968 244732 3236 46044872 Deferred Compensation 567282 567282 X 16374052 -48319 289013 -137289 103405 16270647 7592405 7592405 23863052 17239483 289013 289013 16950470 7592405 7592405 24542875 Part X, Line 2: The School has evaluated its current tax positions and has concluded that as of June 30, 2016, the School does not have any significant uncertain tax positions for which a reserve would be necessary. Part XI, Line 2d - Other Adjustments: Change in Value of Net Deferred Compensation -137,289. Part XI, Line 4b - Other Adjustments: Financial Aid Grants 7,592,405. Part XII, Line 4b - Other Adjustments: Financial Aid Grants 7,592,405. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 An advertisement is published in a local newspaper, which include the School's racially nondiscriminatory policy. GALA 531221 393540 137681 15931 42413 29531 49806 531221 393540 137681 15931 42413 29531 49806 137681 0 1 Scholarships 294 7592405 Cash Value of Tuition Reduction Tuition Reduction Part I, Line 2: Financial aid is provided to students based on financial need on a non-discriminatory basis, as determined by the Financial Aid Committee. Grants are given in the form of reduced tuition, never a cash grant. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Walter Landberg President, Prior Head of School 264009 0 0 0 57000 0 1278 0 7133 0 329420 0 0 0 Luthern Williams President, Head of School, beginning 157335 0 0 0 17500 0 0 0 5755 0 180590 0 0 0 Elise Yen COO/CFO 189566 0 0 0 0 0 2512 0 469 0 192547 0 0 0 Ryan Hawley Assistant Head of School 164013 0 0 0 0 0 9832 0 9526 0 183371 0 0 0 Jacqueline Olivier Elementary School Director 163852 0 0 0 0 0 5657 0 9415 0 178924 0 0 0 Nancy London Chief Strategy Officer 136488 0 0 0 0 0 8359 0 9685 0 154532 0 0 0 Part I, Line 1a Walter Landberg, prior President and Head of School, received an auto and housing allowance totaling $57,000 during 2015. Luthern Williams, President and Head of School, receives an auto and housing allowance totaling $17,500 during 2015. Part I, Line 3 The Compensation Committee reviews and approves the compensation and benefits package of the Head of School on an annual basis independently, without the participation of any interested person, using salary data from surveys of independent school resources, NAIS, CAIS, CAL-ISBOA. A recommendation is presented to the Executive Committee for its review and approval, and the deliberation and decisions reached are documented. The Head of School determines the compensation of the CFO using salary data from surveys of independent school resources. Compensation increases for all other employees are calculated using the same percentage across the Board as determined by the Board of Directors at the annual Fall budget meeting. A CA Municipal Finance Authority - Series 2013A 201563466 999999999 2013-03-01 9750000 Revenue Bonds - Educational Village 0 0 0 B CA Municipal Finance Authority - Series 2013B 201563466 999999999 2013-06-20 3250000 Revenue Bonds - Educational Village 0 0 0 A 9750000 9750000 2020 0 0 1 1 B 3250000 3250000 2020 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 0 0 0 0 0 B 0 0 1 0 0 0 0 0 0 X Auction Items 83 58839 FMV 0 0 0 Part I, Column (b): Noncash Contributions are reported by the number of contributors. Form 990, Part VI, Section A, line 2 Laura and Santiago Rosales have a family relationship; they share a vote on the Board of Directors. Form 990, Part VI, Section A, line 4 By-laws were revised to provide term limits for Directors and Officers, changes to times of election of new Board of Directors, and includion of a new Board policy, defining the roles of various Board Committees and their Chairs. Form 990, Part VI, Section B, line 11 A draft of the Form 990 is prepared by an independent CPA, is reviewed and approved by the CFO, Head of School, and the Executivee Committee. A copy of the Form 990 is then provided to the entire Board of Directors prior to it being filed. Form 990, Part VI, Section B, line 12c The Conflict of Interest (COI) Policy is provided to each Director and Officer upon nomination or initial hire. Annually, a COI disclosure form is provided to each officer and director who each sign and returns their form to the Governance Committee. The Governance Committee reviews each form and any noted conflicts are brought to the attention of the Board President. All conflicts are then directed to the appropriate committee or brought before the entire Board for disclosure and appropriate corrective action. Form 990, Part VI, Section B, line 15 The Compensation Committee reviews and approves the compensation and benefits package of the Head of School on an annual basis independently, without the participation of any interested person, using salary data from surveys of independent school resources, NAIS, CAIS, CAL-ISBOA. A recommendation is presented to the Executive Committee for its review and approval, and the deliberation and decisions reached are documented. The Head of School determines the compensation of the CFO using salary data from surveys of independent school resources. Compensation increases for all other employees are calculated using the same percentage across the Board as determined by the Board of Directors at the annual Fall budget meeting. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policy, and financial statements are available to the general public upon request. Form 990, Part XI, line 9: Change in Value of Net Deferred Compensation -137,289.