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WAVERLY SCHOOL: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
WAVERLY SCHOOL (EIN 95-4869859)
Tax period
2015-07-01 to 2016-06-30
Filed
2017-04-12
IRS object ID
201741029349300134
Schema version
2015v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-04-12T13:23:35-05:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN954557617PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Harrington Group CPAs LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1234 East Colorado Blvd Suite M150AddressLine1Txt
CityPasadenaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91101ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN954869859EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Waverly SchoolBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWAVEBusinessNameControlTxt
Phone6267925940PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line167 West Bellevue DriveAddressLine1Txt
CityPasadenaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91105ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHeidi JohnsonPersonNm
Person TitleHead of SchoolPersonTitleTxt
Phone6267925940PhoneNum
Signature2017-04-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTonetta L Conner CPAPreparerPersonNm
PTINP01775198PTIN
Phone6264036801PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerHeidi JohnsonPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line167 West Bellevue DriveAddressLine1Txt
CityPasadenaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91105ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,126,632GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.thewaverlyschool.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2001FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTo educate children from kindergarten to twelfth grade.ActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee81TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$388,910PYContributionsGrantsAmt
CY Contributions Grants$402,023CYContributionsGrantsAmt
PY Program Service Revenue$4,988,683PYProgramServiceRevenueAmt
CY Program Service Revenue$5,533,126CYProgramServiceRevenueAmt
PY Investment Income$321PYInvestmentIncomeAmt
CY Investment Income$52CYInvestmentIncomeAmt
PY Other Revenue$146,529PYOtherRevenueAmt
CY Other Revenue$155,224CYOtherRevenueAmt
PY Total Revenue$5,524,443PYTotalRevenueAmt
CY Total Revenue$6,090,425CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,653,214PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,830,628CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,825,457PYOtherExpensesAmt
CY Other Expenses$2,029,512CYOtherExpensesAmt
PY Total Expenses$5,478,671PYTotalExpensesAmt
CY Total Expenses$5,860,140CYTotalExpensesAmt
PY Revenues Less Expenses$45,772PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$230,285CYRevenuesLessExpensesAmt
Total Assets BOY$5,647,592TotalAssetsBOYAmt
Total Assets EOY$5,757,192TotalAssetsEOYAmt
Total Liabilities BOY$4,568,119TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,447,434TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,079,473NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,309,758NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionThe Waverly school is a nonsectarian, coeducational, college preparatory progressive day school that spans young kindergarten through high school. Waverly is fully accredited by the Western Association of School and Colleges and the California Association of Independent Schools. The school promotes, confident, curious, resourceful learners who demonstrate intellectual engagement, critical and creative thinking, respect for individual differences, and a strong sense of personal and social responsibility.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,288,694ExpenseAmt
Revenue$5,533,126RevenueAmt
DescThe Waverly School is a non-profit, educational institution, serving children from young kindergarten through twelfth grade. The current whole school enrollment is 323 students. Families who chose The Waverly School come from diverse backgrounds in terms of their ethnicity, culture, socioeconomic status, profession and educational attainment level.Desc
Total Program Service Expenses$5,288,694TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document14IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee81EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctYes (1)RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Waverly SchoolBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6267925940PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line167 West Bellevue DriveAddressLine1Txt
CityPasadenaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91105ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
Heidi Johnson
Head of School50.00Yes (X)Yes (X)$195,810$0$23,976
Max Darnell
Chair2.00Yes (X)Yes (X)$0$0$0
Emily Stadnicki
Vice Chair2.00Yes (X)Yes (X)$0$0$0
Joanne Toll
Treasurer2.00Yes (X)Yes (X)$0$0$0
Pat Leawprasert
Secretary2.00Yes (X)Yes (X)$0$0$0
Tammy Darnell
WPO President2.00Yes (X)Yes (X)$0$0$0
Michael Dean
Board member2.00Yes (X)$0$0$0
Ellen Greenstone
Board member2.00Yes (X)$0$0$0
Michael Higgins
Board member2.00Yes (X)$0$0$0
John Juarez
Board member2.00Yes (X)$0$0$0
Debbie Lennon
Board member2.00Yes (X)$0$0$0
Susan Lofgren
Board member2.00Yes (X)$0$0$0
Wendy Lopata
Board member2.00Yes (X)$0$0$0
Ashley Postlewaite
Board member2.00Yes (X)$0$0$0
Rick Sternfeld
Board member2.00Yes (X)$0$0$0
Mark Woodsmall
Board member2.00Yes (X)$0$0$0
Tracey Fiss
Business Manager40.00Yes (X)$71,934$0$4,453
Jason Gottlieb
Assistant Head of School40.00$100,266$0$7,689Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$368,010TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$36,118TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$142,184FundraisingAmt
All Other Contributions$259,839AllOtherContributionsAmt
Total Contributions$402,023TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Tuition Fees611600$4,822,871$4,822,871
Enrollment Fees611600$452,394$452,394
Service Fees611710$98,109$98,109
Application/New Family611710$82,089$82,089
Summer Art camp611710$61,945$61,945

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,718TotalRevenueColumnAmt
Related Or Exempt Func Income$15,718RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$5,533,126TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$52TotalRevenueColumnAmt
Exclusion$52ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$36,207FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$142,184ContriRptFundraisingEventAmt
Fundraising Direct Expenses$36,207FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
Field Trips900099$102,018$102,018
Sports900099$22,903$22,903
Summer School900099$15,650$15,650

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,653TotalRevenueColumnAmt
Exclusion$14,653ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$155,224OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,090,425TotalRevenueColumnAmt
Related Or Exempt Func Income$5,533,126RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$155,276ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$317,449TotalAmt
Program Services$230,041ProgramServicesAmt
Management And General$87,408ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,875,819TotalAmt
Program Services$2,747,716ProgramServicesAmt
Management And General$128,103ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$109,601TotalAmt
Program Services$106,836ProgramServicesAmt
Management And General$2,765ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$280,762TotalAmt
Program Services$266,037ProgramServicesAmt
Management And General$14,725ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$246,997TotalAmt
Program Services$230,938ProgramServicesAmt
Management And General$16,059ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$4,622TotalAmt
Management And General$4,622ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$24,539TotalAmt
Management And General$24,539ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$88,948TotalAmt
Management And General$88,948ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$624TotalAmt
Program Services$583ProgramServicesAmt
Management And General$41ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$34,550TotalAmt
Program Services$32,304ProgramServicesAmt
Management And General$2,246ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$725,164TotalAmt
Program Services$678,016ProgramServicesAmt
Management And General$47,148ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$50TotalAmt
Program Services$47ProgramServicesAmt
Management And General$3ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$9,493TotalAmt
Program Services$8,876ProgramServicesAmt
Management And General$617ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$117,304TotalAmt
Management And General$117,304ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$117,625TotalAmt
Program Services$109,977ProgramServicesAmt
Management And General$7,648ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$88,294TotalAmt
Program Services$82,553ProgramServicesAmt
Management And General$5,741ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Program expenses$422,896$422,896
Repairs and maintenance$130,576$122,086$8,490
Contract labor$91,859$85,887$5,972
Bank charges and fees$74,102$69,284$4,818

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$98,866TotalAmt
Program Services$94,617ProgramServicesAmt
Management And General$4,249ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,860,140TotalAmt
Program Services$5,288,694ProgramServicesAmt
Management And General$571,446ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,543,339BOYAmt
EOY$1,861,798EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$15,979BOYAmt
EOY$15,161EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$121,625BOYAmt
EOY$31,625EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$59,309BOYAmt
EOY$48,816EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$49,311BOYAmt
EOY$42,738EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,104,633LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,368,310LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,837,298BOYAmt
EOY$3,736,323EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$20,731BOYAmt
EOY$20,731EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,647,592BOYAmt
EOY$5,757,192EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$265,326BOYAmt
EOY$275,807EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,893,066BOYAmt
EOY$1,825,767EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,409,727BOYAmt
EOY$2,345,860EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,568,119BOYAmt
EOY$4,447,434EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$957,848BOYAmt
EOY$1,278,133EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$121,625BOYAmt
EOY$31,625EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,079,473BOYAmt
EOY$1,309,758EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,647,592BOYAmt
EOY$5,757,192EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$230,285ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,440,000OtherCostOrOtherBasisAmt
Book Value$1,440,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,741,136OtherCostOrOtherBasisAmt
Depreciation$621,822DepreciationAmt
Book Value$2,119,314BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$431,906OtherCostOrOtherBasisAmt
Depreciation$286,691DepreciationAmt
Book Value$145,215BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$272,697OtherCostOrOtherBasisAmt
Depreciation$242,141DepreciationAmt
Book Value$30,556BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$218,894OtherCostOrOtherBasisAmt
Depreciation$217,656DepreciationAmt
Book Value$1,238BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,736,323TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$6,090,425TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$6,090,425RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,090,425TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,860,140TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$5,860,140ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,860,140TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X, Line 2:FormAndLineReferenceDesc
ExplanationWaverly is exempt from taxation under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d. Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by Waverly in their federal and state exempt organization tax returns are more likely than not to be sustained upon examination. Waverly's returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule E, Part I, Line 3FormAndLineReferenceDesc
ExplanationThe Waverly school celebrates diversity and fosters an atmosphere of mutual respect. The school seeks to reflect the diverse racial, ethnic, social and economic backgrounds of our community throughout all three schools. Families who choose The Waverly School for their children come from diverse backgrounds professionally, academically, socially, economically, racially and ethnically. The Student Non-Discriminatory Policy is published each year in the Los Angeles times; as well as in our admissions materials and on our Web site.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Silent AuctionEvent1Nm
Gross Receipts Event1$109,703GrossReceiptsEvent1Amt
Charitable Contri Event1$86,030CharitableContriEvent1Amt
Gross Revenue Event1$23,673GrossRevenueEvent1Amt
Rent Facility Costs Event1$1,347RentFacilityCostsEvent1Amt
Food And Beverage Event1$6,500FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$15,826OtherDirectExpensesEvent1Amt
Event2Jog a thonEvent2Nm
Gross Receipts Event2$27,067GrossReceiptsEvent2Amt
Charitable Contri Event2$24,650CharitableContriEvent2Amt
Gross Revenue Event2$2,417GrossRevenueEvent2Amt
Food And Beverage Event2$614FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$1,803OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$41,621GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$31,504CharitableContriOtherEventsAmt
Gross Revenue Other Events$10,117GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$10,117OthDirectExpnssOtherEventsAmt
Gross Receipts Total$178,391GrossReceiptsTotalAmt
Charitable Contributions Tot$142,184CharitableContributionsTotAmt
Gross Revenue Total Events$36,207GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$1,347RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$7,114FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$27,746OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$36,207DirectExpenseSummaryEventsAmt
Net Income Summary$0NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonHeidi JohnsonPersonNm
TitleHead of SchoolTitleTxt
Base Compensation Filing Org$195,810BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$23,976NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$219,786TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 2Heidi Johnson, Head of School is married to Dan Bowen, High School History Teacher - Family relationship.
Form 990, Part VI, Section A, line 7aThe Board of Directors chooses new board members.
Form 990, Part VI, Section B, line 11The Board's Treasurer is responsible for reviewing the draft information returns with the Head of School and the preparer prior to filing. A copy of the Form 990 is provided to all Board Members before filing. The Finance Committee reviews the return in detail at its next regularly scheduled meeting, either before or after filing. The Treasurer signs the Form 990.
Form 990, Part VI, Section B, line 12cAt various board meetings throughout the year, conflict of interest is brought up and discussed. If any changes need to be made to the forms it is done at the meeting. New Trustees complete an extensive Board Orientation, including a Waverly Board Guidebook that further delineates how the Board discloses and manages possible or actual conflicts of interest.
Form 990, Part VI, Section B, line 15aThe Head of School's (Chief Executive) compensation was determined by a review of the Board's Compensation Committee. The members of the committee were free of conflicts of interest and met the IRC requirements. The Head of School was not a member of the Committee and was not present for any of the committee discussions. The review was done using comparabliity data for similar organizations. This data was comprised of compensation information obtained via review of publicly available documents for Heads of School for non-profit schools in the San Gabriel Vallely and adjacent locations in the San Fernando Valley. The recommendations of the Compensation Committee were reviewed and approved by the Board of Directors in an Executive Session which exclulded the Head of School. The Head of School was not present for deliberations or for the vote. Contemporaneous documentation of the deliberation and decision was maintained as part of the Board's minutes of its executive session. 15(b) is marked NO as there are no key employees that meet the IRS definition.
Form 990, Part VI, Section C, line 19The governing documents, financial statements and tax returns are available upon request at the school during normal business hours.

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