2017-03-28T14:50:29-05:00 2016-06-30 946214841 Armanino LLP 12657 Alcosta Blvd Ste 500 San Ramon CA 945834600 990 2015-07-01 941527492 Creative Center of Los Altos CREA 6502093030 327 Fremont Avenue Los Altos CA 940244861 Scott Riches President/Director 6502093030 2017-03-20 1 Lawrence S Kuechler P00233621 9257902600 2017-03-21 2015 2021-01-29 14:40:06Z Pinewood and Oakwood School Scott Riches 327 Fremont Avenue Los Altos CA 940244861 30908206 0 X www.pinewood.edu X 1962 CA INDEPENDENT SCHOOLS SERVING GRADES K-12 WITH APPROXIMATELY 1057 STUDENTS. 5 0 293 250 0 0 5932848 2214812 24140020 26649084 1618974 1352322 75586 13293 31767428 30229511 2860772 3028927 0 0 14235013 14794889 151836 88153 223434 9082191 9098978 26329812 27010947 5437616 3218564 90115816 99987366 30966305 38351940 59149511 61635426 X THE SCHOOL SEEKS TO CREATE AN EDUCATIONAL ENVIRONMENT WHEREBY STUDENTS MAY ACQUIRE ACADEMIC STAMINA, INTELLECTUAL MATURITY, SELF-ESTEEM, AND A HIGH STANDARD OF BEHAVIOR. OUR GOAL IS TO PROVIDE STUDENTS WITH THE SKILLS NECESSARY FOR SUCCESS IN SCHOOL AND BEYOND THROUGH A STRONG COLLEGE PREPARATORY CURRICULUM THAT EMPHASIZES THE IMPORTANCE OF READING, WRITING, COMPUTATION, COMMUNICATION, CRITICAL THINKING AND PROBLEM-SOLVING SKILLS. 0 0 24549644 3028927 26649084 Operation of full time elementary, middle, and high school, with approximately 1,057 students. 24549644 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 52 0 293 1 1 1 0 0 0 0 1 1 0 0 0 0 X 5 0 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Sharon White Bookkeeper 6502093030 327 Fremont Avenue Los Altos CA 940244861 X Scott Riches President 65.00 X X 280013 0 31985 Laura Blotter Curriculum Coordinator K-6 40.00 X X 78362 0 0 Dennis Riches Finance Officer 20.00 X 46000 0 0 Kathleen Pickett Curriculum Director K-12 25.00 X 52646 0 1800 L Victor Riches Jr Facilities Director 20.00 X 46000 0 0 Michelle Helvey Oakwood, Head Of School 65.00 X 233100 0 29194 Mark Gardner Pinewood Principal 7-12 55.00 X 134508 0 13127 Patricia Crone Oakwood Principal 6-12 55.00 X 135522 0 11796 Karen O'Donnell Pinewood Principal K-2 40.00 X 122485 0 12549 Elaina Tyson Teacher 40.00 X 115827 0 11921 Sarah Haun Pinewood Principal 3-6 40.00 X 111848 0 14748 1356311 0 127120 17 0 1 0 Truebeck Construction 201 Redwood Shore Parkway Redwood City CA 94065 General contractor for Middle Campus ren 4482575 Robert A Bothman Inc 2690 Scott Blvd Santa Clara CA 95050 General contractor for Upper Campus fiel 989430 Cody Anderson Wasney Architects 455 Lambert Ave Palo Alto CA 94306 Architect 485141 Hines Building Maintenance 91 Lost Lake Lane Campbell CA 95008 Janitorial & maintenance - Lower, Middle 367754 Audio Visual Design Group Inc 2143 E Francisco Blvd San Rafael CA 94901 Audio visual design, equipment, installa 259136 6 84066 2130746 191528 2214812 Tuition And Fees 611600 26500521 26500521 Other Program Revenue 611600 148563 148563 26649084 899010 899010 1077612 19000 643300 0 434312 19000 453312 453312 48688 84066 35395 13293 13293 30229511 26649084 0 1365615 3028927 3028927 863443 559956 303487 11724368 11141966 456938 125464 366475 366475 919868 919868 920735 920735 25619 1539 24080 86735 86735 88153 88153 148197 148197 422991 269213 153778 62250 62250 565164 318347 246520 297 213718 3611 210107 5179 5179 2705107 2623930 75723 5454 74373 51559 22814 52878 52846 32 394699 383184 10905 610 1930830 1828316 99562 2952 163965 163965 School Supplies 1393136 1343845 49291 Tuition remission 364125 362275 1850 Continuing Education/Se 187446 187446 Student Activities & fi 184262 184262 118304 1344 116456 504 27010947 24549644 2237869 223434 6349267 4264611 490142 444442 6398669 5627246 199490 355570 459006 35777 80050 5947 73253960 13059461 47970461 60194499 16968988 19940928 10094528 8632633 481100 624115 485713 90115816 99987366 1977376 3975227 4863929 4666568 24125000 22928065 6782080 30966305 38351940 X 50386663 55789689 8762848 5845737 59149511 61635426 90115816 99987366 3218564 -732649 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11344809 11344809 37838603 9215196 28623407 4839496 1735028 3104468 275415 147958 127457 18955637 1961279 16994358 60194499 Investment in Partnerships 3938745 F Real Estate Investments 3758908 F Real Estate Partnership 934980 C 8632633 X 26500662 -732649 32727 -699922 27200584 3028927 3028927 30229511 24014747 32727 32727 23982020 3028927 3028927 27010947 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: Expenses related to fundraise events 32,727. Part XI, Line 4b - Other Adjustments: Scholarships and financial aid 3,028,927. Part XII, Line 2d - Other Adjustments: Expenses related to Fundraise events 32,727. Part XII, Line 4b - Other Adjustments: Scholarships and financial aid 3,028,927. 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 organization annually publishes its racially non-discrimination policy in the San Francisco Chronicle along with other independent schools who are part of ISBOA. The policy is also listed on the admissions section of the organization's website and the policy is distributed through admissions and promotional material such as school brochures. The policy is also listed in the parent/student handbook, as well as the employee handbook and communicated as part of the employment application. X X X X 1 Whaley LeVay 6 Rincon Point Lane Carpinteria CA 93013 Fundraising assistance 0 1846212 88153 1758059 1846212 88153 1758059 CA Fund run/online auction 55806 55806 6417 Golf Classic 37100 17860 19240 10000 4372 5723 2 39848 10400 29448 8883 132754 84066 48688 10000 4372 21023 35395 13293 1 Scholarships/Financial aids 294 3028927 Part I, Line 2: The scholarships are awarded in the form of a tuition reduction and are monitored through the tuition payable system. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Scott Riches President 270013 0 0 0 10000 0 13250 0 18735 0 311998 0 0 0 Michelle Helvey Oakwood, Head Of School 233100 0 0 0 0 0 12492 0 16702 0 262294 0 0 0 Part I, Line 1a For the convenience of the School and in fulfillment of his responsibilities, the President is required to occupy School-owned housing as a condition of his employment. A California Infrastructure and Economic Development Bank 630304653 13033WW82 2008-11-20 13500000 capital improv. to Campus and Land Acquisition 0 0 0 B California statewide communities development 521598225 130911sa9 2003-08-27 14100000 to finance educational facilities, bond interest cost, and issuance costs. 0 0 0 A 2304999 13500000 270000 184839 13045161 2009 0 0 1 1 B 1950000 14100000 568327 14100000 2006 0 0 1 1 A 0 0 1 0 0 0.03370 0.03370 1 0 0 B 0 0 0 0 1 0 0 A 0 0 0 1 1 0 0 0 0 B 0 0 0 1 1 0 0 0 0 A 0 B 0 Patricia Crone Highest compensated employee Personal loan X 35000 35777 0 1 1 35777 Sarah Riches Spouse of Scott Riches 73800 Compensation 0 Edward Helvey Spouse of Michelle Helvey 89116 Compensation 0 Heather McCauley sister of Laura Blotter 42833 Compensation 0 X 5 164689 avg stock price X auction items 36 26839 estimated FMV 0 0 1 0 Part I, Column (b): Number of contributions represents number of donated items. Form 990, Part VI, Section A, line 2 All of the members of the governing board are children or grandchildren of the founders of the creative center of Los Altos, the late L. Victor Riches, Sr. And his late spouse, Gwendolyn. Dennis Riches, L V Riches, Jr, and Kathleen Pickett are brothers and sisters. Laura Blotter is the daughter of Kathleen Pickett and Scott Riches is the son of Dennis Riches. Form 990, Part VI, Section A, line 6 The members group consists of 18 uncompensated individuals. Form 990, Part VI, Section A, line 7a The members group has board oversight via their power to elect new governing board members. Form 990, Part VI, Section A, line 7b Currently, the members have power to vote on two matters: 1. They may add additional board members. 2. Vote of the members is required to amend Article three of the by-laws, which pertains to the memberships. Form 990, Part VI, Section B, line 11 The board of directors established a finance committee composed of the three board members and one current parent. One of their many responsibilities is to review the form 990 in its entirety for accuracy, answers to questions, and to give input to the CPA prior to the form being filed. After their review, a final copy of the 990 is distributed to the entire governing body. Form 990, Part VI, Section B, line 12c The conflict of interest policy is reviewed annually with board members. If there is a conflict of interest with an individual board member on a particular issue, that board member is not allowed to be a part of the discussion and must abstain as part of the voting process. If there is a conflict of interest with the majority of the board members, then the particular issue and discussion at hand is brought to the independent committee. Form 990, Part VI, Section B, line 15 The compensation of the school's President (Headmaster) and the school's key employees is approved by the Board of Directors. In establishing this compensation, the Board takes many factors into consideration, including the roles and responsibilities of the position along with the hours spent each week. A compensation study/survey is conducted each year and as part of the survey, other salaries of individuals at similar organizations with the same or similar roles and responsibilities are compared in order to set the salaries of the President (Headmaster) and other key employees of the school. Form 990 of other similar organizations are reviewed and compared as part of the study as well. Each individual is given a written employment contract stipulating their salary. Form 990, Part VI, Section C, line 19 The school makes its governing documents and conflict of interest policy available to the public by request. For the school's financial statements, each year an annual summary is mailed to all current parents, current faculty, and alumni. Form 990, Part Vii, Section A, Compensation Of Directors: Three of the officers/directors work on a daily basis at the school as their regular job/profession. The other three directors spend significant hours on campus overseeing the physical plant and financial affairs of the school, and community outreach for the school. The directors' compensation is a combination of their salary for these services and their stipend as a member of the board of directors. Form 990, Part XII, Line 2c: The process has not changed from the prior year.