2017-05-12T10:43:51-05:00 2016-07-31 410746749 CLIFTONLARSONALLEN LLP 6501 AMERICAS PARKWAY NE SUITE 500 ALBUQUERQUE NM 87110 990 2015-08-01 850196115 SANDIA SCHOOL SAND 5053383000 532 OSUNA NE ALBUQUERQUE NM 87113 DACIA CARD CPA BUSINESS MANAGER 5053383000 2017-05-03 1 STEPHEN E LIVINGSTON CPA P00317845 5058428290 2015 2021-01-29 14:40:06Z SANDIA PREPARATORY SCHOOL BILL SINFIELD 532 OSUNA NE ALBUQUERQUE NM 87113 15019323 0 X WWW.SANDIAPREP.ORG X 1965 NM ACADEMICS ARE OUR TOP PRIORITY, BALANCE IS OUR CORE VALUE, AND COMMUNITY MAKES US WHO WE ARE. OUR CHALLENGING, INNOVATIVE PROGRAM PREPARES EACH STUDENT FOR SUCCESS IN COLLEGE - AND BEYOND - AND INSPIRES EACH STUDENT TO FIND AND ACHIEVE HIS OR HER PURPOSE IN THE WORLD. 20 20 286 250 0 0 904347 780100 12861215 12850024 578310 -535176 129962 600278 14473834 13695226 3376820 3296509 0 0 6838405 6920614 0 0 462039 3677709 3991653 13892934 14208776 580900 -513550 29788568 27674159 15280553 13996800 14508015 13677359 X SEE SCHEDULE O 0 0 8255300 12932065 INSTRUCTION - SANDIA SCHOOL SERVES APPROXIMATELY 583 STUDENTS IN GRADES 6-12 BY PROVIDING WELL BALANCED INSTRUCTION AND OTHER STUDENT ACTIVITIES THAT SUPPORTS THE QUEST FOR HUMAN EXCELLENCE AND INDIVIDUAL GROWTH. SANDIA PREP IS A COEDUCATIONAL INDEPENDENT DAY SCHOOL THAT HAS EDUCATED STUDENTS ON ITS ALBUQUERQUE, NEW MEXICO CAMPUS SINCE 1966. 3296509 3296509 FINANCIAL ASSISTANCE - SANDIA SCHOOL PROVIDED TUITION REMISSION AND FINANCIAL ASSISTANCE TO STUDENTS WHO WOULD NOT OTHERWISE BE ABLE TO ATTEND. THESE EXPENSES ARE USED TO HELP PAY THE TUITION FOR THOSE FINANCIALLY CHALLENGED STUDENTS, WHICH COMPRISE 40% OF THE STUDENT BODY. 339467 415865 SUMMER PROGRAMS - SANDIA SCHOOL OFFERS A SUMMER PROGRAM TO COMPLEMENT THE REGULAR SCHOOL YEAR PROGRAM FOR OUR CURRENT STUDENTS, AS WELL AS PROVIDE A SAFE AND EDUCATIONALLY CHALLENGING ENVIRONMENT FOR YOUNGER STUDENTS WHEN REGULAR SCHOOLS ARE NOT IN SESSION. OUR SUMMER PROGRAM RECENTLY SERVED APPROXIMATELY 400 STUDENTS FROM AGES 5-18. 11891276 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 25 0 1 286 1 0 0 0 0 0 1 1 0 0 0 0 X 20 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD NH WI X X DACIA CARD 5053383000 532 OSUNA RD NE ALBUQUERQUE NM 87113 PATRICK D ALLEN CHAIR 5.00 X X 0 0 0 ELIZABETH KIRSCHNER VICE CHAIR 5.00 X X 0 0 0 TODD SANDOVAL SECY TO 6/1, TREAS AFTER 6/1/16 5.00 X X 0 0 0 JESSICA KORBER MONTOYA TREASURER TO 6/1/16 5.00 X X 0 0 0 LOVIE BEY MD TRUSTEE 5.00 X 0 0 0 MIMI BURNS TRUSTEE TO 6/1/16 5.00 X 0 0 0 CAROL COCHRAN TRUSTEE TO 6/1/16 5.00 X 0 0 0 SUSAN PRZEKURAT EPSTEIN TRUSTEE 5.00 X 0 0 0 JIM FIRKINS TRUSTEE TO 6/1/16 5.00 X 0 0 0 PETE HENDERSON TRUSTEE 5.00 X 0 0 0 GREG HICKS TRUSTEE TO 6/1/16 5.00 X 0 0 0 LINDA KIER TRUSTEE TO 6/1/16 5.00 X 0 0 0 DERRICK LENTE TRUSTEE TO 6/1/16 5.00 X 0 0 0 JERRY M LOVATO TRUSTEE 5.00 X 0 0 0 APRIL CAMILLI MARKER TRUSTEE 5.00 X 0 0 0 LYDIA JONES PIZZONIA TRUSTEE 5.00 X 0 0 0 RUTH SYLVA-HERNANDEZ TRUSTEE TO 6/1/16 5.00 X 0 0 0 LIZ TRAINOR TRUSTEE, SECY AFTER 6/1/16 5.00 X X 0 0 0 M TODD WHITE TRUSTEE 5.00 X 0 0 0 LORNA WIGGINS TRUSTEE TO 6/1/16 5.00 X 0 0 0 SHARI CORDOVA TRUSTEE AFTER 6/1/16 5.00 X 0 0 0 JESSICA EAVES MATTHEWS TRUSTEE AFTER 6/1/16 5.00 X 0 0 0 LISA MITCHELL TRUSTEE AFTER 6/1/16 5.00 X 0 0 0 BRANDON SAYLOR TRUSTEE AFTER 6/1/16 5.00 X 0 0 0 CISCO SEDILLO TRUSTEE AFTER 6/1/16 5.00 X 0 0 0 VAHID STAPLES TRUSTEE AFTER 6/1/16 5.00 X 0 0 0 GIULIA URQUHART TRUSTEE AFTER 6/1/16 5.00 X 0 0 0 PATRICK WESTERFIELD TRUSTEE AFTER 6/1/16 5.00 X 0 0 0 BILL SINFIELD HEAD OF SCHOOL BEGINNING 6/1/2015 40.00 X 109143 0 20243 JOYCE WHELCHEL INTERIM HOS 6/1/14-5/30/15 40.00 X 117291 0 10684 MARIA FIDALGO CPA CFO 40.00 X 80256 0 9206 JULIE COOK DIRECTOR OF DEVELOPMENT 40.00 X 111567 0 6582 418257 0 46715 3 0 0 0 0 68450 711650 36727 780100 STUDENT TUITION & FEES 611710 12434159 12434159 SUMMER PROGRAM 611710 415865 415865 12850024 123248 123248 32369 7761 24608 24608 24608 239402 330457 85678 1142605 153724 -812148 -658424 -658424 165817 68450 88053 77764 77764 OTHER INCOME 611710 497906 497906 497906 13695226 13347930 0 -432804 X 3296509 3296509 470809 118880 233049 118880 5421397 4242764 1083699 94934 239632 187627 47808 4197 328576 263333 62927 2316 460200 342820 101685 15695 31740 31740 94013 94013 86804 64664 19180 2960 21263 15840 4698 725 362958 270381 80199 12378 266527 262191 2937 1399 381956 375743 4209 2004 954581 921171 28637 4773 142362 140046 1569 747 SUMMER PROGRAMS 339467 339467 INSTRUCTIONAL EXPENSE 323753 323753 BAD DEBTS 231852 141757 90095 STUDENT ACTIVITIES 228047 228047 526330 356283 59111 110936 14208776 11891276 1855461 462039 2458 2958 3698400 3309833 431877 266526 259039 334198 141513 160891 97280 76975 30517719 13122984 19307691 17394735 5657948 5948211 192362 179832 29788568 27674159 484292 391091 4913710 4036628 8300015 7906047 1582536 1663034 15280553 13996800 X 9605291 8534919 840663 990642 4062061 4151798 14508015 13677359 29788568 27674159 X -513550 -78713 -238393 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 33.95 0 0 4 1 1 10.00 0 6421032 210130 166606 302561 6495207 6531983 4120 171845 286916 6421032 5133741 1108325 595314 305397 6531983 4604589 7780 768106 26894 219840 5133741 4763168 12648 61858 25141 207944 4604589 0.27160 0.63920 0.08920 0 0 1643329 1643329 23080583 9344639 13735944 2679329 2225254 454075 3114478 1553091 1561387 17394735 CAPITAL LEASE LIABILITY 29708 INTEREST RATE SWAP CONTRACT 1632826 STUDENT DEPOSITS 500 1663034 12740382 -78713 -937835 -1016548 13756930 31740 -93444 -61704 13695226 13571038 93444 93444 13477594 31740 699442 731182 14208776 PART II, LINE 3: THE ORGANIZATION HELD 5 PROPERTIES WITH CONSERVATION EASEMENTS ATTACHED THAT THEY HAD OBTAINED ON THE PROPERTIES. 4 OF THESE PROPERTIES WERE SOLD IN THE CURRENT 7/2016 FISCAL YEAR ALONG WITH AND SUBJECT TO THE CONSERVATION EASEMENTS. NONE OF THE EASEMENTS TRANSFERRED WITH THE PROPERTIES SOLD WERE RELEASED, EXTINGUISHED OR OTHERWISE MODIFIED. PART II, LINE 5: THE SCHOOL COMPLETED A POLICY AFTER 7/31/11 FOR MONITORING, INSPECTION, AND ENFORCEMENT OF THE CONSERVATION EASEMENTS IT HOLDS. PART II, LINE 9: THERE IS NO REVENUE ASSOCIATED WITH THE EASEMENT. THE EXPENSES ARE RECOGNIZED AS THEY ARE INCURRED. THE ESTIMATED VALUE OF THE LAND SUBJECT TO A CONSERVATION EASEMENT IS CARRIED AS AN ASSET (NON-DEPRECIABLE LAND) ON THE BALANCE SHEET OF THE SCHOOL. THE ORGANIZATION RECEIVED THE EASEMENT PROPERTY IN TWO INSTALLMENTS IN DECEMBER 2007 AND JUNE 2008. PART V, LINE 4: THE SCHOOL'S ENDOWMENT PRIMARILY COMES FROM DONOR GIFTS, SO IT IS THE SCHOOL'S POLICY TO USE THE FUNDS IN ACCORDANCE WITH THE DONOR INTENT. FUNDS ARE INVESTED TO YIELD BOTH CASH INCOME AND APPRECIATE IN VALUE. ANNUAL DISTRIBUTIONS, NOT TO EXCEED 5% OF THE THREE YEAR AVERAGE BALANCE, SUPPORT THE VARIOUS PROGRAMS OF THE SCHOOL AS SPECIFIED BY THE DONOR, OR GENERAL SCHOOL OPERATIONS, IF THE GIFT WAS UNRESTRICTED. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INTEREST RATE SWAP AGREEMENT -238,393. FINANCIAL AID EXPENSE DEDUCTED FROM TUITION REVENUE ON FINANCIAL STATEMENTS -699,442. PART XI, LINE 4B - OTHER ADJUSTMENTS: ADDITIONAL RENTAL EXPENSES DEDUCTED FROM RENTAL INCOME ON 990 -5,391. SPECIAL EVENT EXPENSES DEDUCTED FROM SPECIAL EVENT REVENUES ON 990 -88,053. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADDITIONAL RENTAL EXPENSES DEDUCTED FROM RENTAL INCOME ON 990 5,391. SPECIAL EVENT EXPENSES DEDUCTED FROM SPECIAL EVENT REVENUES ON 990 88,053. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE DEDUCTED FROM TUITION REVENUE ON FINANCIAL STATEMENTS 699,442. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 SANDIA PREPARATORY SCHOOL COMMUNICATES ITS NONDISCRIMINATORY POLICY ON ITS WEBSITE, IN THE ADMISSION BROCHURE, IN THE STUDENT HANDBOOK, THROUGH PAID ADVERTISING IN LOCAL NEWSPAPERS AND ALL NEWS RELEASES AND MEDIA ALERTS. ANNUAL GOLF TOURNAMENT 39752 39752 660 1640 7560 3602 2386 NOCHE 194515 68450 126065 2799 45417 8317 15672 234267 68450 165817 660 4439 7560 49019 8317 18058 88053 77764 1 TUITION REMISSION 35 699442 REDUCTION OF TUITION DUE FINANCIAL AID 220 2576183 REDUCTION OF TUITION FINANCIAL AID FOR FOREIGN STUDENTS ATTENDING THE SCHOOL IN THE U.S. 2 20884 REDUCTION OF TUITION PART I, LINE 2: APPLICANTS FOR FINANCIAL AID MUST SUBMIT CERTAIN FINANCIAL INFORMATION TO AN OUTSIDE SERVICE (SCHOOL & STUDENT SERVICE IN PRINCETON, NJ) WHICH ESTABLISHES A LEVEL OF NEED FOR AID, BASED ON THE FAMILY'S TOTAL FINANCIAL SITUATION. WITH THIS BASIC INFORMATION, THE SANDIA PREPARATORY SCHOOL FINANCIAL AID COMMITTEE, HEREIN "COMMITTEE", CONSIDERS EACH CASE ON ITS MERITS, TAKING INTO ACCOUNT ALL ADDITIONAL AVAILABLE INFORMATION. THE MAIN FACTORS CONSIDERED RELATIVE TO EACH STUDENT ARE FINANCIAL NEED, GRADE LEVEL AND SPACE AVAILABLE IN THAT GRADE, SCHOLASTIC ACHIEVEMENT OF THE STUDENT, THE STUDENT'S CONTRIBUTION TO THE LIFE OF THE SCHOOL, AND THE LENGTH OF TIME THE STUDENT HAS BEEN AT THE SCHOOL. THE COMMITTEE SETS PRELIMINARY GUIDELINES FOR THE AMOUNTS TO BE AWARDED IN EACH GRADE. THESE LIMITS MAY BE ADJUSTED AS THE COMMITTEE PROCEEDS WITH THE DETERMINATION OF FINANCIAL AID GRANTS. A VILLAGE OF LOS RANCHOS DE ALBUQUERQUE 850236091 2007-08-17 10000000 CONSTRUCTION OF GYM, CLASSROOMS, PERFORMING ARTS, INSTRUCTIONAL SPACES 0 0 0 A 2093953 10000000 10000000 2009 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 1 1 COMPASS BANK 20.000000000000 0 0 0 0 0 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: VILLAGE OF LOS RANCHOS DE ALBUQUERQUE DATE THE REBATE COMPUTATION WAS PERFORMED: 03/31/2014 X SCHOOL SUPPLIES 14 17577 ESTIMATED FMV X FR PRIZES 8 16150 ESTIMATED FMV X PITCHING MACHINE 1 3000 ESTIMATED FMV 0 1 0 PART I, COLUMN (B): THE NUMBER LISTED IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART III, LINE 1 THE JOY OF LIVING AND LEARNING IS AT THE CENTER OF ALL WE DO. SANDIA PREPARATORY SCHOOL PROVIDES REMARKABLE OPPORTUNITIES FOR INTELLECTUAL AND PERSONAL GROWTH WITHIN A CHALLENGING AND BALANCED PROGRAM. AS AN EXTENSION OF OUR FAMILIES, SANDIA PREP'S DIVERSE COMMUNITY INSPIRES STUDENTS TO FIND THEIR ACADEMIC FOCUS, TALENTS, AND CREATIVITY. FORM 990, PART VI, SECTION A, LINE 2 MIMI BURNS ALSO HAS BUSINESS RELATIONSHIPS WITH OTHER MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE BUSINESS MANAGER, THEN BY THE FINANCE COMMITTEE. AFTER ANY REQUIRED REVISIONS ARE MADE, IT IS THEN PRESENTED TO THE ENTIRE BOARD FOR THEIR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM EACH YEAR WHICH EXPLAINS THE OCCASIONS THAT MIGHT GIVE RISE TO CONFLICTS AND THE ANSWERS ARE REVIEWED BY THE CFO. ANY TRUSTEE WITH A POTENTIAL CONFLICT OF INTEREST IS INSTRUCTED NOT TO VOTE ON ANY BOARD PROPOSALS THAT PERTAIN TO THE AREA OF CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE HEAD OF SCHOOL'S COMPENSATION IS DETERMINED BY AN INDEPENDENT BOARD OF TRUSTEES. KEY EMPLOYEE COMPENSATION IS DETERMINED BY THE HEAD OF SCHOOL. THE SCHOOL USES INFORMATION DERIVED FROM ITS PROFESSIONAL MEMBERSHIP ORGANIZATIONS FOR USE IN SETTING PARAMETERS FOR THE HEAD OF SCHOOL'S SALARY. OTHER SALARIES ARE ESTABLISHED WITHIN BUDGETARY CONSTRAINTS AND CLOSELY FOLLOW THE LOCAL MARKET RATES FOR SIMILAR POSITIONS. THE DETERMINATION AND APPROVAL OF COMPENSATION FOR THE HEAD OF SCHOOL IS PROPERLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BASED UPON SPECIFIC REQUESTS BY INDIVIDUALS OR ORGANIZATIONS. FORM 990, PART IX, LINE 24E EQUIPMENT RENTAL AND MAINTENANCE: PROGRAM SERVICE EXPENSES 201,963. MANAGEMENT AND GENERAL EXPENSES 2,263. FUNDRAISING EXPENSES 1,077. TOTAL EXPENSES 205,303. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 146,660. MANAGEMENT AND GENERAL EXPENSES 43,521. FUNDRAISING EXPENSES 6,714. TOTAL EXPENSES 196,895. FUNDRAISING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 190,842. TOTAL EXPENSES 190,842. BANK CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,162. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,162. POSTAGE & SHIPPING: PROGRAM SERVICE EXPENSES 7,071. MANAGEMENT AND GENERAL EXPENSES 2,098. FUNDRAISING EXPENSES 324. TOTAL EXPENSES 9,493. SPECIALTY REPAIRS & MAINTENANCE: PROGRAM SERVICE EXPENSES 6,000. MANAGEMENT AND GENERAL EXPENSES 67. FUNDRAISING EXPENSES 32. TOTAL EXPENSES 6,099. RENTAL PROPERTY MAINTENANCE: PROGRAM SERVICE EXPENSES 2,350. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,350. FACILITY RENTAL EXPENSES TO PAGE 9: PROGRAM SERVICE EXPENSES -7,761. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -7,761. FUNDRAISING EXPENSE TO PAGE 9: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES -88,053. TOTAL EXPENSES -88,053. FORM 990, PART XI, LINE 9: UNREALIZED GAIN (LOSS) ON SWAP AGREEMENT -238,393. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.