2016-11-14T12:22:26-06:00 2016-06-30 946214841 Armanino LLP 12657 Alcosta Blvd Ste 500 San Ramon CA 945834600 990 2015-07-01 940382325 Hillbrook School HILL 4083566116 300 Marchmont Drive Los Gatos CA 950325659 MARGARET RANDAZZO CFO 4083566116 2016-11-11 1 John Panetta P00365375 9257902600 2015 2017-02-10 21:41:12Z Mark Silver 300 Marchmont Drive Los Gatos CA 950325659 11980773 0 X www.hillbrook.org X 1935 CA HILLBROOK PROVIDES AN EXTRAORDINARY EDUCATIONAL EXPERIENCE THAT FOSTERS A LOVE OF LEARNING IN OUR STUDENTS AND HELPS THEM DEVELOP THE KNOWLEDGE, SKILLS, AND CONFIDENCE TO ACHIEVE THEIR HIGHEST INDIVIDUAL POTENTIAL IN SCHOOL AND IN LIFE. AT HILLBROOK, STUDENTS ARE KNOWN, RESPECTED, AND VALUED AS INDIVIDUALS AND EVERY DAY IS A JOURNEY OF SELF-DISCOVERY, IMAGINATIVE THINKING, CREATIVE PROBLEM SOLVING, LAUGHTER, AND FRIENDSHIP. 15 15 106 210 0 0 4232395 1957545 9326896 9632155 19185 26406 188628 193670 13767104 11809776 924364 990845 0 0 7299654 7566942 0 0 487335 3427655 3315178 11651673 11872965 2115431 -63189 15767164 17473468 6101501 7870994 9665663 9602474 X HILLBROOK PROVIDES AN EXTRAORDINARY EDUCATIONAL EXPERIENCE THAT FOSTERS A LOVE OF LEARNING IN OUR STUDENTS AND HELPS THEM TO DEVELOP THE KNOWLEDGE, SKILLS AND CONFIDENCE TO ACHIEVE THEIR HIGHEST INDIVIDUAL POTENTIAL IN SCHOOL AND IN LIFE. AT HILLBROOK, STUDENTS ARE KNOWN, RESPECTED, AND VALUED AS INDIVIDUALS AND EVERY DAY IS A JOURNEY OF SELF-DISCOVERY, IMAGINATIVE THINKING, CREATIVE PROBLEM SOLVING, LAUGHTER, AND FRIENDSHIP. 0 0 9232881 990845 9632155 HILLBROOK SCHOOL IS AN INDEPENDENT, NON-PROFIT ELEMENTARY SCHOOL THAT OPERATES A CO-EDUCATIONAL FACILITY THAT SERVES APPROXIMATELY 315 STUDENTS IN JK-8TH GRADE. HILLBROOK AIMS TO INSPIRE CHILDREN TO REACH THEIR HIGHEST INDIVIDUAL POTENTIAL AND TO REACH BEYOND THEMSELVES TO MAKE A DIFFERENCE IN THE WORLD. HILLBROOK GRADUATES ARE ADMITTED TO AND THRIVE AT THE TOP PRIVATE HIGH SCHOOLS IN THE COUNTRY. 9232881 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 55 0 1 106 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 CA X Margaret R Randazzo CFO 4083566116 300 Marchmont Drive Los Gatos CA 950325659 Chuck Hammers Chair, BOT and CEO 4.00 X X 0 0 0 Tom Archer Chair, Finance and Treasurer 4.00 X X 0 0 0 Tom Edsall Trustee and Secretary 4.00 X X 0 0 0 Eric Fox Trustee and Chair, Campus 2.00 X 0 0 0 Fiona Greene Trustee and Chair, Strategic Plan 2.00 X 0 0 0 Nancy Yu Trustee and Chair, COT 2.00 X 0 0 0 Sonia Sangster Trustee and Chair, Advancement 2.00 X 0 0 0 Vlado Herman Trustee and Chair, Audit 2.00 X 0 0 0 Andrea Edwards Trustee (Through 6/16) 2.00 X 0 0 0 Ann Skeet Trustee (Through 1/16) 2.00 X 0 0 0 Brian Gally Trustee (Through 4/16) 2.00 X 0 0 0 Brian Underwood Trustee 2.00 X 0 0 0 Chuck Geiger Trustee (Through 6/16) 2.00 X 0 0 0 Kiran Khanna Trustee 2.00 X 0 0 0 Mark French Trustee 2.00 X 0 0 0 Michael Mulcahy Trustee 2.00 X 0 0 0 Shannon Hunt Scott Trustee 2.00 X 0 0 0 Margaret Randazzo CFO 40.00 X 192648 0 19956 Mark Silver Head of School 40.00 X 338860 0 78924 Joseph Connolly Director of Institutional Advancement 40.00 X 159463 0 17394 Aimee Giles Director of Teaching and Learning 40.00 X 112495 0 13403 Christina Pak Head of Middle School 40.00 X 138595 0 14342 William Selak Director of Technology 40.00 X 106169 0 13151 1048230 0 157170 6 0 1 0 Swenson Development & Construction 715 North First Street Ste 27 San Jose CA 95112 Construction 1007315 MKThink 1500 Sansome Street San Francisco CA 94111 Architect 342910 Durham School Services 1506 White Oaks Road Campbell CA 95008 Bus Service 142964 Hines Building Maintenance 91 Lost Lake Lane Campbell CA 95008 Maintenance 127908 Epicurean Group 111 Main Street Ste 3 Los Altos CA 94022 Food Services 114851 7 1957545 91361 1957545 Tuition and Fees 611600 9424336 9424336 Auxiliary and Other Pr 611600 207819 207819 9632155 22904 22904 3502 0 3502 3502 3502 364667 170997 193670 193670 11809776 9632155 0 220076 990845 990845 839186 629390 167837 41959 5007938 3735358 1016460 256120 248387 129569 106304 12514 1051734 781336 223797 46601 419697 320624 80127 18946 13458 13458 51407 51407 226162 54339 136674 35149 118933 118933 697479 645061 39272 13146 117976 117976 309575 281386 19377 8812 127597 127597 82972 78823 2904 1245 798769 738862 39938 19969 95779 88841 4625 2313 Miscellaneous Expenses 326338 169666 129775 26897 Professional Developmen 297361 185746 110520 1095 Equipment & Vehicle Ren 51372 38529 10274 2569 11872965 9232881 2152749 487335 100 100 761781 808784 1997666 1855403 45626 7148 138142 160825 21653351 7086873 12793849 14566478 30000 74730 15767164 17473468 1110078 1021051 4991423 5504943 0 1345000 6101501 7870994 X 5902690 6588426 3072615 2295161 690358 718887 9665663 9602474 15767164 17473468 -63189 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1009828 28529 22896 1061253 811039 181000 17789 1009828 795218 15821 811039 782112 1050 12056 795218 725934 21000 35178 782112 0.19330 0.67740 0.12930 0 0 742647 742647 14322552 4671083 9651469 1932763 1161153 771610 4655389 1254637 3400752 14566478 X 10818931 -990845 -990845 11809776 0 11809776 10882120 0 10882120 990845 990845 11872965 Part V, Line 4: The school's endowment is used to support annual unrestricted operations. Part X, Line 2: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME AND CALIFORNIA FRANCHISE TAXES UNDER THE PROVISIONS OF SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2016 AND 2015, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. Part XI, Line 2d - Other Adjustments: Tuition Assistance -990,845. Part XII, Line 4b - Other Adjustments: Tuition Assistance 990,845. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Hillbrook published its racially nondiscriminatory policy in the San Francisco Chronicle. Auction 324691 324691 41179 37170 5000 51346 Walk-a-thon 29156 29156 535 3874 4569 1 10820 10820 18098 7500 950 776 364667 364667 59812 48544 5950 56691 170997 193670 1 Tuition Assistance 54 990845 Part I, Line 2: Financial aid at Hillbrook is based entirely on need, defined as the difference between a family's resources and a child's educational expenses. Qualification is determined by The School and Student Service for Financial Aid (SSS), a service of the National Association of Independent Schools (NAIS), used by more than 2,400 K-12 schools across the country. Grants are applied to the Student's account, reducing the amount due for tuition. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 Margaret Randazzo CFO 192648 0 0 0 0 0 9643 0 10313 0 212604 0 0 0 Mark Silver Head of School 338860 0 0 0 0 0 71250 0 7674 0 417784 0 0 0 Joseph Connolly Director of Institutional Advancemen 159463 0 0 0 0 0 8120 0 9274 0 176857 0 0 0 Christina Pak Head of Middle School 138595 0 0 0 0 0 6853 0 7489 0 152937 0 0 0 Part I, Line 1a THE HEAD OF SCHOOL EMPLOYMENT AGREEMENT STATES THAT HE/SHE IS REQUIRED TO LIVE IN THE SCHOOL OWNED RESIDENCE AND CONDUCT BUSINESS FROM THIS LOCATION WHEN NOT AT THE SCHOOL, INCLUDING MEETINGS AND EVENTS WITH PARENTS AND STAFF. THE HEAD OF SCHOOL IS ON-CALL 24/7. THE HEAD OF SCHOOL HAS A DISCRETIONARY FUND OF $674. Part I, Line 4b The School began a 457f plan for Mark Silver. LPL Financial, 4707 Executive Drive, San Diego, CA 92121, is the custodian. $110,000 is now in the account. X 12 91361 FMV 0 1 0 Part I, Column (b): THIS NUMBER REFLECTS THE NUMBER OF CONTRIBUTORS, NOT THE NUMBER OF ITEMS CONTRIBUTED. Form 990, Part VI, Section B, line 11 The Finance Committee members (which includes the Audit Committee Chair) review and approve the completed Form 990. The Chair of the Finance Committee emails all other current trustees stating that the completed Form 990 is available for review on the secure board of trustees website portal. Schedule B is redacted from the Form 990 during review. Form 990, Part VI, Section B, line 12c Annually, the President of the Board or his nominee shall submit to each Trustee a Conflict of Interest Disclosure Statement designed to disclose any potential conflict of interest which a Trustee may have in the performance of his or her duties to the School. Additionally, all Trustees or Members of Committees of the Board shall have the affirmative duty to advise the Board or any Committee in session, of any possible conflict of interest regarding a particular subject before debate thereof and abstain from voting on that subject. The particulars of such response shall be recorded as part of the Minutes. Failure to execute the Conflict of Interest Disclosure Statement within 30 days of receipt, thereof, shall be cause for removal from the Board. Form 990, Part VI, Section B, line 15 The Head of School's Compensation is reviewed and approved by the Board's Compensation Committee using comparability data. This process is documented in the Board's minutes. The CFO's compensation is reviewed and approved by the Head of School using the same process as described above. Form 990, Part VI, Section C, line 19 The school makes these documents available upon request. Form 990, Part VI, Section B, Line 14 The organization is currently working on implementing a written document retention and destruction policy. Form 990, Part XII, Line 2c: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.