2017-05-11T14:10:20-05:00 2016-06-30 111986323 MARCUM LLP 101 MONTGOMERY STREET 1900 SAN FRANCISCO CA 94104 990 2015-07-01 942427286 ECOLE BILINGUE DBA ECOLE BILINGUE DE BERKELEY ECOL 5105493867 1009 HEINZ AVENUE BERKELEY CA 94710 DOMINIQUE VELOCITER ACTING HEAD OF SCHOOL 5105493867 2017-05-10 1 JULIET SONG P00857784 4154326200 2015 2021-01-29 14:40:06Z ECOLE BILINGUE DE BERKELEY DOMINIQUE VELOCITER 1009 HEINZ AVENUE BERKELEY CA 94710 17341575 0 X WWW.EB.ORG X 1977 CA ECOLE BILINGUE DBA ECOLE BILINGUE DE BERKELEY (THE SCHOOL), IS AN INDEPENDENT, NON-PROFIT ORGANIZATION OPERATING AS A CO-EDUCATIONAL PREPARATORY DAY SCHOOL WITH CLASSES FROM PRE-KINDERGARTEN THROUGH EIGHTH GRADE FOR APPROXIMATELY 518 STUDENTS. THE SCHOOL IS LOCATED IN BERKELEY, CALIFORNIA AND WAS INCORPORATED IN 1977. THE BOARD OF TRUSTEES SERVES AS AN OVERSIGHT AND POLICY MAKING BODY FOR THE SCHOOL.THE SCHOOL IS ORGANIZED AND OPERATED FOR THE PURPOSE OF PROVIDING EDUCATIONAL SERVICES. 13 13 145 200 0 0 579812 539363 13288816 13520867 64866 70253 190373 250715 14123867 14381198 2327041 2698604 0 0 8582240 8683854 0 0 426429 2841267 2774849 13750548 14157307 373319 223891 25019801 30452861 18352931 23566267 6666870 6886594 X ECOLE BILINGUE DE BERKELEY EDUCATES A DIVERSE POPULATION OF BOYS AND GIRLS, INSPIRING THEM TO STRIVE FOR ACADEMIC EXCELLENCE AND TO DEVELOP A HIGH SENSE OF PERSONAL AND SOCIAL RESPONSIBILITY.WE OFFER A CHALLENGING AND RIGOROUS COURSE OF STUDY IN BOTH FRENCH AND ENGLISH, SET IN A MULTICULTURAL ENVIRONMENT.WE SUPPORT EACH STUDENT IN THE ACQUISITION OF SKILLS AND THE DEVELOPMENT OF CHARACTER NECESSARY FOR CITIZENSHIP IN AN INCREASINGLY COMPLEX WORLD. 0 0 10820221 2698604 13578655 ECOLE BILINGUE DE BERKELEY IS A BILINGUAL SCHOOL (FRENCH-ENGLISH) SPANNING PRESCHOOL TO 8TH GRADE, INSPIRING A DIVERSE POPULATION OF APPROXIMATELY 518 STUDENTS TO STRIVE FOR ACADEMIC EXCELLENCE AND TO DEVELOP A HIGH SENSE OF PERSONAL AND SOCIAL RESPONSIBILITY. THE SCHOOL OFFERS A CHALLENGING AND RIGOROUS COURSE OF STUDY IN BOTH FRENCH AND ENGLISH, SET IN A MULTICULTURAL ENVIRONMENT. SINCE 1977, ECOLE BILINGUE SUPPORTS EACH STUDENT IN THE ACQUISITION OF SKILLS AND THE DEVELOPMENT OF CHARACTER NECESSARY FOR CITIZENSHIP IN AN INCREASINGLY COMPLEX WORLD. 10820221 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 1 145 1 0 1 FR 0 0 0 1 1 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X ANTOINE PORTALES 5105493867 1009 HEINZ AVENUE BERKELEY CA 94710 YUSEF ALEXANDRINE TRUSTEE 2.00 X 0 0 0 CAMILLE SERVAN-SCHREIBER TRUSTEE 2.00 X 0 0 0 RENEE COLE CLYDE TRUSTEE 2.00 X 0 0 0 CATHERINE DOWER TRUSTEE 2.00 X 0 0 0 EMMA GIMON CHAIR 2.00 X X 0 0 0 JOSHUA MEYER TRUSTEE (TO MARCH 2016) 2.00 X 0 0 0 MICHAEL PINCUS TRUSTEE 2.00 X 0 0 0 AL MOORE TREASURER (TO JANUARY 2016) 2.00 X X 0 0 0 SHARON LE DUY TRUSTEE 2.00 X 0 0 0 JAMES LEVINE TRUSTEE 2.00 X 0 0 0 JEFF LOUSTAU TRUSTEE 2.00 X 0 0 0 KILI SUMMER MCGOWAN TRUSTEE (TO OCTOBER 2015) 2.00 X 0 0 0 STEPHANE PRUNET VICE CHAIR & TREASURER 2.00 X X 0 0 0 LOY SHEFLOTT TRUSTEE 2.00 X 0 0 0 ALEXANDRA THUSY-PRIVAT SECRETARY 2.00 X X 0 0 0 PATRICK KIRTLAND TRUSTEE 2.00 X 0 0 0 FREDERIC CANADAS HEAD OF SCHOOL 40.00 X 281067 0 22539 ANTOINE PORTALES DIRECTOR OF BUSINESS AND F 40.00 X 171804 0 25627 FLORENCE KRAGEN DEVELOPMENT DIRECTOR 40.00 X 123673 0 14670 THIERRY DURANDARD ASSISTANT HEAD OF SCHOOL 40.00 X 148217 0 15897 STACY CHANDLER MIDDLE SCHOOL HEAD 40.00 X 102416 0 22158 827177 0 100891 5 0 1 0 AL'S BUILDING MAINTENANCE 4960 ELROD DRIVE CASTRO VALLEY CA 94546 JANITORIAL SERVICES 184762 LIEBERT CASSIDY WHITMORE CORP 6033 W CENTURY BLVD 5TH FLOOR LOS ANGELES CA 90045 LEGAL FEE 105450 2 66128 473235 539363 TUITION AND FEES 611710 13160288 13160288 EXTENDED DAY CARE AND CAMPS 611710 302839 302839 AFTER SCHOOL ACTIVITIES 611710 57740 57740 13520867 70276 70276 176316 0 176316 176316 176316 2877628 2877651 -23 -23 -23 80139 66128 80139 0 19198 2587 16611 16611 MISCELLANEOUS INCOME 611710 57788 57788 57788 14381198 13578655 0 263180 2698604 2698604 488389 99027 290337 99025 6229140 4474151 1591589 163400 1199378 898294 266014 35070 291897 211450 70527 9920 475050 338823 136227 169355 169355 66600 66600 227317 92618 123122 11577 33908 33908 78990 64074 10829 4087 317968 278456 16955 22557 69653 21839 29143 18671 11734 11734 604538 599662 4876 556908 445526 55691 55691 107090 107090 LIBRARY AND OTHER 127476 127476 TEXTBOOKS 107556 107556 MISCELLANEOUS 94582 86661 7921 PROF. DEVELOPMENT 57343 51507 5761 75 143831 83499 53976 6356 14157307 10820221 2910657 426429 2739 2740 6802950 5152131 67316 74471 58195 6326570 23442 48162 22451244 5455506 17401680 16995738 274068 1511769 336872 319164 52539 22116 25019801 30452861 1127151 1181371 3915377 9351085 7406957 7252512 22814 7137 5875502 5769032 5130 5130 18352931 23566267 X 6198305 6366177 175279 215253 293286 305164 6666870 6886594 25019801 30452861 X 223891 61 -4228 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 293286 8817 3061 305164 275293 17821 172 293286 182247 80782 12264 275293 144198 30440 7609 182247 127575 18210 -1587 144198 1.00000 0 0 7316819 7316819 10311204 2856581 7454623 2314601 2051048 263553 2508620 547877 1960743 16995738 DEPOSITS 5130 5130 X 11678427 61 61 11678366 2702832 2702832 14381198 11458703 0 11458703 2698604 2698604 14157307 PART IV, LINE 2B: THE SCHOOL HOLDS FUNDS FOR THE PARENTS' ASSOCIATION AND STUDENT COUNCIL. PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSIST OF TWO FUNDS. THE ECOLE BILINGUE ENDOWMENT FUND (PREVIOUSLY KNOWN AS SILVER JUBILEE ENDOWMENT FUND) AND THE FUND FOR EXCELLENCE, BOTH ESTABLISHED TO PROVIDE SUPPORT TO THE SCHOOL IN PERPETUITY. THE ENDOWMENTS INCLUDE DONOR RESITRCTED ENDOWMENT FUNDS ONLY. THE SCHOOL WILL BE ENTITLED TO RECEIVE A DISTRIBUTION OF 4% ABOVE THE INFLATION RATE OVER THE PREVIOUS 36 MONTH PERIOD PROVIDED THAT THE DISTRIBUTION IS GREATER THAN $10,000 PER YEAR AND DOES NOT INVADE PRINCIPAL. IF THE DISTRIBUTION IS LESS THAN $10,000, THE INVESTMENT INCOME WILL BE REINVESTED TO PRINCIPAL. THERE WERE NO DISTRIBUTIONS MADE FROM THE INCEPTION OF THE GIFT THROUGH THE YEAR ENDED JUNE 30, 2016. AS REQUIRED BY U.S. GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. INTERPRETATION OF RELEVANT LAW THE BOARD OF TRUSTEES OF THE SCHOOL HAS INTERPRETED CALIFORNIA'S ENACTED VERSION OF THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA) AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE SCHOOL CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUND THAT IS NOT CLASSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE SCHOOL IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY UPMIFA. IN ACCORDANCE WITH UPMIFA, THE SCHOOL CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: (1) THE DURATION AND PRESERVATION OF THE FUND (2) THE PURPOSES OF THE SCHOOL AND THE DONOR-RESTRICTED ENDOWMENT FUND (3) GENERAL ECONOMIC CONDITIONS (4) THE POSSIBLE EFFECT OF INFLATION AND DEFLATION (5) THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS (6) OTHER RESOURCES OF THE SCHOOL (7) THE INVESTMENT POLICIES OF THE SCHOOL RETURN OBJECTIVES AND RISK PARAMETERS THE SCHOOL HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE SCHOOL EXPECTS ITS ENDOWMENT FUNDS, OVER TIME, TO ACHIEVE A RATE OF RETURN BETTER THAN OR EQUAL TO A NET 4% OVER AND ABOVE THE RATE OF INFLATION, AS MEASURED BY THE CONSUMER PRICE INDEX (CPI), OF THE AVERAGE MARKET VALUE OF THE FUND COMPUTED OVER THE MOST RECENT 36 MONTHS. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. STRATEGIES EMPLOYED FOR ACHIEVING OBJECTIVES TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE SCHOOL RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE SCHOOL TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACES EMPHASIS ON FIXED INCOME AND EQUITY-BASED INVESTMENTS TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. SPENDING POLICY AND HOW THE INVESTMENT OBJECTIVES RELATE TO SPENDING POLICY THE SCHOOL HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR AS DESCRIBED IN THE FIRST PARAGRAPH. IN ESTABLISHING THIS POLICY, THE SCHOOL CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMENT. THIS IS CONSISTENT WITH THE SCHOOL'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY OR FOR A SPECIFIED TERM AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. PART X, LINE 2: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITION AND CONCLUDED IT MAINTAINED ITS TAX EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE 2012 THROUGH 2015 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. IN ADDITION, THE 2011 THROUGH 2015 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE CALIFORNIA FRANCHISE TAX BOARD. HOWEVER, MANAGEMENT IS UNAWARE OF ANY PENDING EXAMINATIONS NOR ARE THERE ANY IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,698,604. NET UNREALIZED LOSSES ON FOREIGN HOLDINGS 4,228. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,698,604. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY WAS PUBLISHED IN THE SAN FRANCISCO CHRONICLE ON JUNE 6, 2016, A PUBLICATION THAT SERVES THE SAN FRANCISCO BAY AREA. THE POLICY IS ALSO PUBLISHED IN THE SCHOOL'S BROCHURE AND ON THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE FRENCH GOVERNMENT GIVES FINANCIAL AID TO ITS CITIZENS. THE SCHOOL RECEIVES THE FUNDS AND APPLIES THEM TO THE ELIGIBLE STUDENTS AS DIRECTED BY THE FRENCH GOVERNMENT. MARCHE 20872 5159 15713 15713 AUCTION 125395 60969 64426 64426 146267 66128 80139 80139 80139 0 19198 2587 0 19198 2587 2587 16611 CA 0 SCHOOLS ARE EXEMPT FROM THE REGISTRATION AND REPORTING REQUIREMENTS IN CALIFORNIA. 0 0 0 1.00000 ADVANCEMENT OFFICE 1009 HEINZ AVENUE BERKELEY CA 94710 0 0 1 SCHOLARSHIPS FOR VARIOUS INDIVIDUALS 227 2698604 FMV FINANCIAL AID AND TUITION REMISSION PART I, LINE 2: THE SCHOOL APPLIES FINANCIAL AID AND TUITION REMISSION TO STUDENTS' TUITION BILLINGS AND IT IS USED SOLELY TO REDUCE THE AMOUNT OF THEIR TUITION. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 FREDERIC CANADAS HEAD OF SCHOOL 281067 0 0 0 0 0 0 0 22539 0 303606 0 0 0 ANTOINE PORTALES DIRECTOR OF BUSINESS AND F 171804 0 0 0 0 0 0 0 25627 0 197431 0 0 0 THIERRY DURANDARD ASSISTANT HEAD OF SCHOOL 148217 0 0 0 0 0 0 0 15897 0 164114 0 0 0 PART I, LINE 1A DISCRETIONARY SPENDING ACCOUNT EXPENSES ARE FOR THE SCHOOOL, NOT FOR THE INDIVIDUALS' OWN BENEFIT. A ABAG FINANCE AUTHORITY FOR NONPROFIT CORPORATIONS 943130123 2012-04-01 7850000 REDEEM SERIES 2009 BONDS, PARTIAL PAYOFF OF NOTE, REFINANCING OF PROPERTY 0 0 0 B ABAG FINANCE AUTHORITY FOR NONPROFIT CORPORATIONS 943130123 2013-09-25 1900000 FUND CAPITAL EXPENDITURES FOR THE ACQUISITION OF PROPERTY AT NINTH STREET 0 0 0 C ABAG FINANCE AUTHORITY FOR NONPROFIT CORPORATIONS 943130123 2014-07-01 1600000 FUND CAPITAL EXPENDITURES FOR THE ACQUISITION OF PROPERTY AT NINTH STREET 0 0 0 A 7850000 275886 7574114 2012 0 0 1 1 B 1900000 57028 1842972 2013 0 0 1 1 C 1600000 1600000 2014 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 FORM 990, PART VI, SECTION B, LINE 11 AUDIT IS REVIEWED BY THE FINANCE COMMITTEE. THE 990 IS COMPLETED BY THE SAME CPA WHO COMPLETED THE AUDIT AND RESULTS FROM THE AUDIT ARE USED IN THE 990. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES SIGN AGREEMENTS INDICATING THE NON-EXISTENCE OR EXISTENCE OF CONFLICTS OF INTERESTS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE DECIDES THE HEAD OF SCHOOL'S SALARY AND APPROVES THE BUSINESS MANAGER'S SALARY. STATISTICS FROM INDEPENDENT SCHOOLS BUSINESS OFFICERS ASSOCIATION (90 LOCAL INDEPENDENT SCHOOLS) ARE USED TO DETERMINE REASONABLE COMPENSATION BASED ON FACTORS SUCH AS SIZE OF THE STUDENT BODY, DEMOGRAPHICS, TENURE, ETC. FORM 990, PART VI, SECTION C, LINE 19 FINANCIALS AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: NET UNREALIZED LOSSED ON FOREIGN HOLDINGS -4,228. FORM 990, PART XII, LINE 2C: THERE IS NO CHANGE IN THE PROCESS FROM PRIOR YEARS.