2016-05-10T19:23:00-05:00 2015-06-30 946214841 ARMANINO LLP 12657 ALCOSTA BLVD STE 500 SAN RAMON CA 945834600 990 2014-07-01 952816435 MARLBOROUGH SCHOOL MARL 3239351147 250 S ROSSMORE AVENUE LOS ANGELES CA 90004 NICK HERNANDEZ DIRECTOR OF FINANCE & OPS 3239351147 2016-05-10 1 JOHN PANETTA P00365375 9257902600 2014 2016-08-17 19:52:53Z DR PRISCILLA G SANDS 250 S ROSSMORE AVENUE LOS ANGELES CA 90004 62297363 0 X WWW.MARLBOROUGHSCHOOL.ORG X 1889 CA MARLBOROUGH SCHOOL IS AN INDEPENDENT, URBAN DAY SCHOOL SERVING A DIVERSE GROUP OF WOMEN. 23 23 335 50 0 0 11359803 5785311 21419651 22053021 1909507 1327453 -209100 -164300 34479861 29001485 2274813 2377203 0 0 14748523 15697967 0 0 1987457 9321364 10825933 26344700 28901103 8135161 100382 150282600 151050156 25428800 28151656 124853800 122898500 MARLBOROUGH SCHOOL, FOUNDED IN 1889, IS AN INDEPENDENT, URBAN DAY SCHOOL FOR YOUNG WOMEN. THE SCHOOL DELIVERS A SUPERIOR COLLEGE PREPARATORY EDUCATION TO APPROXIMATELY 530 STUDENTS. 0 0 22411886 2377203 22053021 MARLBOROUGH SCHOOL, FOUNDED IN 1889, IS AN INDEPENDENT, URBAN DAY SCHOOL SERVING A DIVERSE GROUP OF YOUNG WOMEN. THE SCHOOL IS COMMITTED TO DELIVERING A SUPERIOR COLLEGE PREPARATORY EDUCATION IN AN ENVIRONMENT IMBUED WITH HIGH ETHICAL VALUES. MARLBOROUGH BELIEVES THAT, FOR WOMEN, ACADEMIC EXCELLENCE, LEADERSHIP SKILLS, AND CONFIDENCE FLOURISH BEST IN A SCHOOL EXCLUSIVELY DEVOTED TO THEIR EDUCATION. THE MARLBOROUGH COMMUNITY ENABLES EACH STUDENT TO DEVELOP HER FULLEST POTENTIAL SO THAT SHE MAY CONTRIBUTE IN A GLOBAL SOCIETY. DURING THE 2014-2015 YEAR, THE SCHOOL SERVED APPROXIMATELY 530 STUDENTS. 22411886 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 76 0 1 335 1 0 0 0 0 0 1 1 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X MICHELLE SHANKS CONTROLLERBUSINESS MANAGER 3239648433 250 S ROSSMORE AVENUE LOS ANGELES CA 90004 THE HON CHRISTINE C EWELL PRESIDENT 1.00 X X 0 0 0 KATHERINE MARIK THOMPSON VICE PRESIDENT 1.00 X X 0 0 0 MICHAEL GENDLER VICE PRESIDENT 1.00 X X 0 0 0 JENNIFER COOK LEWIS SECRETARY 1.00 X X 0 0 0 PETER SHOEMAKER TREASURER 1.00 X X 0 0 0 WILLIAM H AHMANSON TRUSTEE 1.00 X 0 0 0 JUDY BELK TRUSTEE 1.00 X 0 0 0 MARIA ARENA BELL TRUSTEE 1.00 X 0 0 0 LAURA HORTON FUREY TRUSTEE 1.00 X 0 0 0 CATHLEEN HESSION TRUSTEE 1.00 X 0 0 0 MARI SNYDER JOHNSON TRUSTEE 1.00 X 0 0 0 DAVID KAPLAN TRUSTEE 1.00 X 0 0 0 KENNETH KARMIN TRUSTEE 1.00 X 0 0 0 LYDIA H KENNARD TRUSTEE 1.00 X 0 0 0 RA MCDONOUGH TRUSTEE 1.00 X 0 0 0 MICHAEL PARKS TRUSTEE 1.00 X 0 0 0 DANA SLATKIN TRUSTEE 1.00 X 0 0 0 DEBRA YANG TRUSTEE 1.00 X 0 0 0 W JIM ELLISON TRUSTEE 1.00 X 0 0 0 MICHAEL KONG TRUSTEE 1.00 X 0 0 0 MARLA RYAN TRUSTEE 1.00 X 0 0 0 COURTNEY CUMMINGS WOLFF TRUSTEE 1.00 X 0 0 0 KIRK HARTMAN TRUSTEE 1.00 X 0 0 0 BARBARA E WAGNER HEAD OF SCHOOL 50.00 X 386996 0 328491 NICOLA HERNANDEZ DIRECTOR OF FINANCE & OPERATIONS 50.00 X 316141 0 27994 LAURA HOTCHKISS ASST. HEAD & DIRECTOR OF UPPER SCHOOL 50.00 X 320824 0 23774 ROBERT BRYAN DIRECTOR OF MIDDLE SCHOOL 50.00 X 196592 0 25171 LYNN MCCARTHY DIRECTOR OF DEVELOPMENT 50.00 X 175094 0 22180 STUART POSIN DIRECTOR OF ACAD. & ADM. TECHNOLOGY 50.00 X 158725 0 16499 JEANNETTE WOO-CHITJIAN DIRECTOR OF ADMISSIONS 50.00 X 166237 0 21002 JULIE NAPOLEON PE DEPT. HEAD & SUMMER SCHOOL DIRECTOR 50.00 X 143039 0 20675 MONICA DEPRIEST CO-DIRECTOR OF COLLEGE COUNSELING 50.00 X 133742 0 14620 CHRIS TALONE MATH DEPT. HEAD & INSTRUCTOR 50.00 X 129826 0 17725 GINA WOODRUFF FINE ARTS DEPT. HEAD & INSTRUCTOR 50.00 X 121332 0 18906 ALEXANDRA O'CONNOR FACULTY DEAN & MATH INSTRUCTOR 50.00 X 132739 0 20379 2381287 0 557416 36 0 1 0 CULINART INC 501 W DYER ROAD SANTA ANA CA 92707 FOOD SERVICES 620584 TUMBLEWEED TRANSPORTATION PO BOX 49291 LOS ANGELES CA 90049 BUS TRANSPORTATION 617593 PROFESSIONAL SECURITY CONSULTANTS 11454 SAN VICENTE BLVD LOS ANGELES CA 90049 SECURITY SERVICES 448189 ABM SERVICES PO BOX 745799 LOS ANGELES CA 90074 JANITORIAL SERVICES 383370 KIRKLAND & ELLIS LLP 333 SOUTH HOPE LOS ANGELES CA 90071 LEGAL SERVICES 359139 18 X 5785311 1827086 5785311 TUITION & FEES 611110 19077479 19077479 AUXILIARY SERVICES 611110 2975542 2975542 22053021 1143304 1143304 470327 715127 -244800 -244800 -244800 32764900 30341421 2239330 2423479 -2239330 184149 184149 SPECIAL EVENTS (NON FUNDRAISING) 611110 80500 80500 80500 29001485 22053021 0 1163153 2377203 2377203 2025997 650378 1159035 216584 10811876 8868528 1160533 782815 807028 614801 127448 64779 1146107 865827 169038 111242 906959 720440 122843 63676 1277074 23916 1250984 2174 17986 17986 1684747 1395622 87812 201313 1719871 1547884 137590 34397 7393 5545 1344 504 211974 160076 17927 33971 265217 238696 21217 5304 1892563 1703307 151405 37851 498314 448483 39865 9966 STUDENT ACTIVITIES 1340533 1340533 INSTRUCTIONAL 1299328 1299328 MISCELLANEOUS 610933 151319 36733 422881 28901103 22411886 4501760 1987457 1800 550 19040021 19726557 8622108 7282215 188159 343375 59963 58241 673448 341069 87499367 23805543 65374938 63693824 35384149 32611355 17034100 21485400 3903914 5507570 150282600 151050156 3560301 4818598 10385436 11849995 11483063 11483063 25428800 28151656 X 65500700 60762500 37405500 38583600 21947600 23552400 124853800 122898500 150282600 151050156 100382 -2055682 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 48121000 2011900 1161900 3249300 48045500 43596100 802700 5242000 1519800 48121000 37411100 298100 6809900 1374300 -451300 43596100 40807800 756500 -549400 1241300 2362500 37411100 38267400 626000 2719100 1360000 -555300 40807800 0.11500 0.39480 0.49020 1 0 16323067 16323067 62289562 15780063 46509499 8886738 8025480 861258 63693824 1392900 F INVESTMENTS IN PASS THROUGHS 20092500 F 21485400 X 24568600 -2055682 -2377203 -4432885 29001485 0 29001485 26523900 0 26523900 2377203 2377203 28901103 PART III, LINE 4: THE SCHOOL POSSESSES TWO SCULPTURES WHICH WERE DONATED TO THE SCHOOL FOR THE PURPOSE OF PUBLIC DISPLAY. PART V, LINE 4: THE SCHOOL INTENDS TO HOLD THE ENDOWMENT FUNDS IN PERPETUITY, USING EARNINGS FROM THE FUNDS TO HELP SUPPORT FINANCIAL AID, EMPLOYEE COMPENSATION, AND STUDENT PROGRAMS AS DESIGNATED BY DONORS. PART X, LINE 2: THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT, AS OF JUNE 30, 2015, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -2,377,203. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,377,203. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 A NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS" IS PUBLISHED ANNUALLY DURING THE SCHOOL'S ADMISSIONS PERIOD IN SEVERAL AREA EDITIONS OF THE LOS ANGELES TIMES, IN CONJUNCTION WITH OTHER LOCAL SCHOOLS. 1 FINANCIAL AID 95 2377200 CASH PART I, LINE 2: THE BOARD OF TRUSTEES IS RESPONSIBLE FOR THE REVIEW OF POLICIES GOVERNING FINANCIAL AID FOR STUDENTS IN THE SCHOOL. THE FINANCIAL AID COMMITTEE IS RESPONSIBLE FOR RECOMMENDING CHANGES IN POLICY TO THE BOARD FOR ITS CONSIDERATION, AS WELL AS DETERMINING THE DISTRIBUTION OF BUDGETED FINANCIAL AID FUNDS AMONG QUALIFIED APPLICANTS AND AMONG COMPETING NEEDS. THE COMMITTEE REPORTS TO THE BOARD ON A REGULAR BASIS REGARDING THE FINANCIAL AID PROCESS AND AWARD DECISIONS. X X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 BARBARA E WAGNER HEAD OF SCHOOL 386996 0 0 0 0 0 220400 0 108091 0 715487 0 0 0 NICOLA HERNANDEZ DIRECTOR OF FINANCE & OPERATIONS 316141 0 0 0 0 0 17500 0 10494 0 344135 0 0 0 LAURA HOTCHKISS ASST. HEAD & DIRECTOR OF UPPER SCHO 320824 0 0 0 0 0 17500 0 6274 0 344598 0 0 0 ROBERT BRYAN DIRECTOR OF MIDDLE SCHOOL 196592 0 0 0 0 0 14677 0 10494 0 221763 0 0 0 LYNN MCCARTHY DIRECTOR OF DEVELOPMENT 175094 0 0 0 0 0 12468 0 9712 0 197274 0 0 0 STUART POSIN DIRECTOR OF ACAD. & ADM. TECHNOLOGY 158725 0 0 0 0 0 11286 0 5213 0 175224 0 0 0 JEANNETTE WOO-CHITJIAN DIRECTOR OF ADMISSIONS 166237 0 0 0 0 0 12910 0 8092 0 187239 0 0 0 JULIE NAPOLEON PE DEPT. HEAD & SUMMER SCHOOL DIRECT 143039 0 0 0 0 0 10363 0 10312 0 163714 0 0 0 ALEXANDRA O'CONNOR FACULTY DEAN & MATH INSTRUCTOR 132739 0 0 0 0 0 10979 0 9400 0 153118 0 0 0 PART I, LINE 1A THE SCHOOL FURNISHES AN ON-CAMPUS RESIDENCE TO THE HEAD OF SCHOOL WHERE SHE RESIDES AS A CONDITION OF HER EMPLOYMENT FOR THE SCHOOL'S CONVENIENCE. HOUSECLEANING AND LANDSCAPING SERVICES TO MAINTAIN THE RESIDENCE ARE ALSO PROVIDED. IN ADDITION, THE SCHOOL REQUIRES THAT THE HEAD OF SCHOOL BECOME A MEMBER OF A SOCIAL CLUB FOR THE PURPOSE OF CULTIVATING DONOR RELATIONSHIPS FOR WHICH THE SCHOOL PAYS THE ANNUAL DUES. ALL OF THE AFOREMENTIONED ITEMS ARE NOT TREATED AS TAXABLE COMPENSATION. PART I, LINE 4B BARBARA WAGNER, HEAD OF SCHOOL, PARTICIPATES IN THE SCHOOL'S SEC. 457(B) AND SEC. 457(F) DEFERRED COMPENSATION PALNS. DURING THE CALENDAR YEAR ENDING WITHIN THE 2014 TAX YEAR, $200,000 ACCRUED IN THE SEC. 457(F) PLAN. A CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK 630304653 2014-04-10 29298794 BUILDINGS AND STRUCTURES, RELATED WORKING CAPITAL 0 0 0 A 29298794 225976 42250 18175972 2016 1 0 0 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 1 0 0 0 0 A 0 X 32 1827086 FMV 0 1 0 FORM 990, HEADING, BOX F: DR. PRISCILLA G. SANDS BECAME THE HEAD OF SCHOOL AND PRINCIPAL OFFICER ON JULY 1, 2015. FORM 990, PART I, LINE 8: PRIOR YEAR CONTRIBUTIONS AND GRANTS WERE UNUSUALLY HIGH DUE TO THE LAUNCH OF A NEW CAPITAL CAMPAIGN FOR THE ARDEN PROJECT. THE CURRENT YEAR'S CONTRIBUTIONS OF APPROXIMATELY $5.8 MILLION ARE IN LINE WITH THE SCHOOL'S AVERAGE ANNUAL CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11 THE SCHOOL'S AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FIRST REVIEWS THE FORM 990 IN DETAIL, THEN PRESENTS IT TO THE FULL BOARD OF TRUSTEES. (THE 990 IS POSTED TO THE SECURE PORTAL FOR TRUSTEES TO VIEW IN ADVANCE OF THE FULL BOARD DISCUSSION). THE FORM 990 IS ALSO AVAILABLE IN THE HEAD OF SCHOOL'S OFFICE AND THE BUSINESS OFFICE TO BE REVIEWED IN DETAIL BY ANY TRUSTEE. THE DONOR INFORMATION (SCHEDULE B) IS ONLY REVIEWED BY THE HEAD OF SCHOOL, DIRECTOR OF FINANCE AND OPERATIONS, CONTROLLER/BUSINESS MANAGER, AND DIRECTOR OF DEVELOPMENT. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH EMPLOYEE AND EACH MEMBER OF THE BOARD OF TRUSTEES, IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM. ADDITIONALLY, AT LEAST ONCE DURING THE SCHOOL YEAR, THE HEAD OF SCHOOL REMINDS ALL EMPLOYEES OF THE POLICY ALONG WITH A REMINDER TO REPORT ANY GIFTS THAT MAY BE CONSIDERED A CONFLICT OF INTEREST. FINALLY, AT LEAST ONCE A YEAR, THE HEAD OF SCHOOL REPORTS TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ON ANY POTENTIAL CONFLICTS AND HOW THEY HAVE BEEN HANDLED. FORM 990, PART VI, SECTION B, LINE 15 FOR THE HEAD OF SCHOOL, AN ANNUAL SAFE HARBORS ANALYSIS IS PERFORMED EVERY YEAR BY A CONSULTANT, WHICH INCLUDES A COMPREHENSIVE COMPARISON OF THE HEAD OF SCHOOL'S OVERALL COMPENSATION PACKAGE TO SIMILAR NATIONAL AND LOCAL SCHOOLS TO ENSURE COMPLIANCE WITH THE IRS'S INTERMEDIATE SANCTIONS RULE. FOR KEY EMPLOYEES, SCHEDULES ARE CREATED COMPARING SALARIES OF PERSONS IN SIMILAR POSITIONS AT OTHER SCHOOLS. THIS IS PROVIDED TO THE HEAD OF SCHOOL, WHO THEN DETERMINES COMPENSATION FOR EACH KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 CURRENTLY, SUCH DOCUMENTS ARE AVAILABLE ONLY UPON REQUEST. FORM 990, PART VIII, LINE 7C, COLUMN (II): THE LOSS ON DISPOSITION OF ASSETS OTHER THAN SECURITIES REPORTED HERE IN THE AMOUNT OF $2,239,330 IS DUE TO DISPOSAL OF ASSETS RELATED TO THE ARDEN PROJECT. THESE ASSETS INCLUDED RESIDENTIAL PROPERTIES THAT WERE DEMOLISHED IN JUNE 2015. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.