2016-02-12T19:00:02-06:00 2015-06-30 GRANT THORNTON LLP 101 CALIFORNIA STREET SUITE 2700 SAN FRANCISCO CA 94111 990 2014-07-01 951875978 La Jolla Country Day School % KELLY WHITE LAJO 8584533440 9490 Genesee Avenue La Jolla CA 92037 DAVE SIGAL CHIEF FINANCIAL OFFICER 8584533440 2016-02-10 true ROSEMARIE BROWN P01278077 4159863900 2014 2016-08-17 19:52:53Z Dr Gary Krahn 9490 Genesee Avenue La Jolla CA 92037 48632785 false X www.ljcds.org X 1926 CA To prepare individuals for a lifetime of intellectual exploration and personal growth. 24 23 389 265 0 1431534 1600357 33244047 34091663 838531 581840 120033 32051 35634145 36305911 4226305 4142792 0 0 20628338 20669402 77810 66 779770 10155862 10592282 35088315 35404542 545830 901369 102442645 101117658 64519674 62895863 37922971 38221795 La Jolla Country Day School prepares individuals for a lifetime of intellectual exploration, personal growth and social responsibility. false false 29913136 4142792 34176060 La Jolla Country Day School prepares individuals for a lifetime of intellectual exploration, personal growth and social responsibility while inspiring greatness for a better world. The School has capacity for 1,200 students from nursery through 12th grade. 29913136 true true false false false false false false false true true false false false true true true false true false false false false false true false false false true true true true false false false false false false false false false true false false false false false false false false true 108 0 true 389 true false false false false false true true false false false false X 24 23 false false false false false false false true true false false true true true true true true true true false CA X KELLY WHITE 8584533440 9409 REGENTS ROAD La Jolla CA 92037 X Manish Parikh President 1.0 0.0 X X 0 0 0 Angela Glynn VP Development 1.0 0.0 X X 0 0 0 Bob Gans Treasurer thru May 2015 1.0 0.0 X X 0 0 0 Chris Richey Treasurer 1.0 0.0 X X 0 0 0 Sherry Bahrambeygui-Hosey Secretary 1.0 0.0 X X 0 0 0 David Ashworth Trustee 1.0 0.0 X 0 0 0 Ben Baidee Trustee 1.0 0.0 X 0 0 0 Kevin Wechter Trustee 1.0 0.0 X 0 0 0 Lucy Smith Conroy Trustee 1.0 0.0 X 0 0 0 Mike Dee Trustee 1.0 0.0 X 0 0 0 Elese Denis Trustee 1.0 0.0 X 0 0 0 Karen Deschaine Trustee 1.0 0.0 X 0 0 0 Earl Edwards Trustee 1.0 0.0 X 0 0 0 Rebecca Gaffney Trustee 1.0 0.0 X 0 0 0 Kimberly Goldman Trustee 1.0 0.0 X 0 0 0 Michael Hoffman Trustee 1.0 0.0 X 0 0 0 Jim Kelly Trustee 1.0 0.0 X 0 0 0 Sherry Mesman Trustee 1.0 0.0 X 0 0 0 Pamela Payton Trustee 1.0 0.0 X 0 0 10776 Barry Rosenbaum Trustee 1.0 0.0 X 0 0 0 Alex Roudi Trustee 1.0 0.0 X 0 0 0 Howard Ziment Trustee 1.0 0.0 X 0 0 0 Holly McCloskey Alumni Leadership Council Pres 1.0 0.0 X 0 0 0 Michelle O'Donnell Parent Association President 1.0 0.0 X 0 0 0 Cameron Rooke VP of Trustees 1.0 0.0 X X 0 0 0 Christopher Schuck Head of School thru July 2014 40.0 0.0 X 513486 0 22809 Judith Fox Interim Head of School 40.0 0.0 X 187447 0 10715 David Sigal Chief Financial Officer 40.0 0.0 X 157456 0 20015 Mark Marcus Asst Head of School Ops 40.0 0.0 X 225940 0 24101 Peter Hamilton Former Chief Advancement Ofcr 40.0 0.0 X 196145 0 29193 Sarah Bakhiet Asst Head of School Academics 40.0 0.0 X 161880 0 21439 Marna Weiss-Padowitz Lower School Director 40.0 0.0 X 148512 0 21012 Gregory Martin Upper School Director 40.0 0.0 X 128059 0 106377 Jeff Hutzler Athletic Director 40.0 0.0 X 124930 0 16976 Bruce Nelson Former Chief Financial Officer 0.0 0.0 X 142397 0 18324 1986252 0 301737 25 true true false Dempsey Construction Inc 5937 Darwin Ct Suite 103 CARLSBAD CA 92008 General Contractor 2111134 City Wide Maintenance of San Diego 4849 Ronson Court 104 SAN DIEGO CA 92111 Janitorial 296832 Brickman Group LTD LLC 3630 Solutions Center CHICAGO IL 60677 Landscaping 176960 KR Network Solutions 5471 Kearny Villa Road 300 SAN DIEGO CA 92123 Outsourced Tech 173838 Elite Show Services Inc 2878 Camino Del Rio South 260 SAN DIEGO CA 92108 Security 159867 7 198453 1401904 32438 1600357 TUITION REVENUE 611600 32470649 32470649 AUXILIARY SERVICE FEES 611600 1535684 1535684 APPLICATION FEES AND FORFEITURES 611600 85330 85330 34091663 546344 546344 0 0 0 0 0 12222777 100 11603412 583969 619365 -583869 35496 35496 79790 198453 138306 -58516 -58516 0 7357 1187 6170 6170 OTHER INCOME 611600 84397 84397 84397 36305911 34176060 529494 0 4142792 4142792 0 0 992045 372048 498688 121309 0 15603913 13423099 1829412 351402 1018481 834176 148225 36080 1834395 1601362 189135 43898 1220568 999692 177637 43239 0 149862 149862 67570 67570 0 66 66 92939 92939 1607691 943595 651731 12365 97325 97325 1475050 1360592 85004 29454 344483 289546 46613 8324 0 557114 533968 19599 3547 3222 738 1476 1008 0 30001 22427 6447 1127 1837708 1668984 145753 22971 0 2998281 2873713 105477 19091 338088 292311 38841 6936 EQUIPMENT RENT 247946 236213 9954 1779 TRAINING 166383 131583 34364 436 PRINTING/PUBLICATIONS 69940 41 48146 21753 BAD DEBT 156820 156820 351859 186256 110618 54985 35404542 29913136 4711636 779770 3422214 858098 19386074 21366960 10000 7144 157323 184112 0 0 0 0 0 0 9411 12377 498376 554824 76848423 23668570 53372223 53179853 23746697 22848128 1137945 1438419 0 0 0 0 702382 667743 102442645 101117658 3535280 3026635 0 0 14132975 12878335 29523175 29335688 0 0 0 0 9467948 9406308 0 0 7860296 8248897 64519674 62895863 X 33424769 33547547 1866860 2020786 2631342 2653462 37922971 38221795 102442645 101117658 X 901369 -207298 -395247 X X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25240998 482527 808062 2749337 23782250 21159025 884704 3200674 3405 25240998 14363469 5965122 883864 53430 21159025 13060297 1899235 -561610 34453 14363469 9899800 1348375 1854455 42333 13060297 0.82445 0.11157 0.06397 true false 9920000 9920000 60896122 20114571 40781551 5143855 3553999 1589856 888446 888446 53179853 0 INTEREST RATE SWAPS 8248897 8248897 X 31607128 -207298 -4630977 -4838275 36445403 -139492 -139492 36305911 31308304 139493 139493 31168811 4235731 4235731 35404542 Description of Intended Use of Endowment Funds Schedule D, Part V, Line 4: Board designated endowment funds are used at the discretion of the Board, and may vary from time-to-time. Interest and dividends earned on donor-restricted endowment funds are used for the purpose stipulated by the donors. Due to the relatively small size of its endowment, the School has not enacted a policy of spending principal or principal appreciation of the funds (absent donor requirements to the contrary). FIN 48 (ASC 740) Footnote Schedule D, Part X, Line 2: The School is exempt from federal income tax under the provisions of Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code. The School follows authoritative guidance related to uncertain tax positions. The School recognizes accrued interest and penalties associated with uncertain tax positions as part of the income tax provision, when applicable. The School has no uncertain tax positions or amounts accrued in the financial statements related to uncertain tax positions at June 30, 2015. There have been no material changes in unrecognized benefits as of June 30, 2015, nor are any changes anticipated in the twelve months following June 30, 2015. There have been no related tax penalties or interest, which would be classified as a tax expense in the statement of activities. All tax-exempt entities are subject to review and audit by federal, state and other applicable agencies. Such agencies may review the taxability of unrelated business income, or the qualification of the organization as a tax-exempt entity under Internal Revenue Code Section 501(c)(3) and applicable state statutes. As of June 30, 2015, the federal statute of limitations remains open for the 2011 through 2014 tax years. The statute of limitations for the state income tax remains open from 2010 through 2014 tax years. Reconciliation of Revenue per Audited Financial Statements With Return Schedule D, Part XI, Line 2d: Custodial Fees $(92,939) Tuition Financial Assistance $(4,142,792) Change in Value of Interest Rate Swaps $(388,602) Change in Value of Beneficial Int in Perpetual Trust $(6,644) Schedule D, Part XI, Line 4b: Cost of Goods Sold $(1,187) Fundraising Expenses ($138,306) Rounding $1 Reconciliation of Expenses per Audited Financial Statements With Return Schedule D, Part XII, Line 2d: Cost of Goods Sold $1,187 Fundraising Expenses $138,306 Schedule D, Part XII, Line 4b: Custodial Fees $92,939 Tuition Financial Assistance $4,142,792 true true true true true true true false false false false false false false false false false true Publication of Nondiscriminatory Policy Schedule E, Part I, Line 3: Notice of nondiscriminatory policy was advertised in the San Diego Union Tribune on May 20, 2015. Netzel Grigsby Associates Campaign Study false CA Blue Bash 278243 198453 79790 52821 8001 77484 0 278243 198453 79790 52821 8001 77484 138306 -58516 true Student Financial Assistance 216 4142792 Process for Monitoring Use of Grant Funds in the United States Schedule I, Part I, Line 2: The financial assistance committee meets at least annually to review the applications for financial assistance. Qualifying students are granted funds on a demonstrated needs basis. X true true X X X X true false false false false false false false false Christopher Schuck Head of School thru July 2014 161593 0 50000 0 301893 0 13500 0 9309 0 536295 0 0 0 Judith Fox Interim Head of School 131964 0 0 0 55483 0 10616 0 99 0 198162 0 0 0 Bruce Nelson Former Chief Financial Officer 109383 0 0 0 33014 0 8253 0 10071 0 160721 0 0 0 David Sigal Chief Financial Officer 156976 0 0 0 480 0 11813 0 8202 0 177471 0 0 0 Mark Marcus Asst Head of School Ops 210349 0 0 0 15591 0 16423 0 7678 0 250041 0 0 0 Peter Hamilton Former Chief Advancement Ofcr 103137 0 0 0 93008 0 2627 0 26566 0 225338 0 0 0 Sarah Bakhiet Asst Head of School Academics 160920 0 0 0 960 0 12062 0 9377 0 183319 0 0 0 Marna Weiss-Padowitz Lower School Director 147552 0 0 0 960 0 11114 0 9898 0 169524 0 0 0 Gregory Martin Upper School Director 121274 0 0 0 6785 0 10192 0 96185 0 234436 0 0 0 Housing Allowance Schedule J, Part I, Line 1a: As part of the Head of School's employment contract, the school provides him/her with a housing allowance which is reported as taxable compensation on Form W-2. Severance Payments Schedule J, Part I, Line 4a: The Head of School through July 2014 had a severance provision as part of his employment contract. During 2014, the organization paid a severance to this individual of 168,022, which was reported as other reportable compensation on Schedule J, Part II, Column (b)(iii). The Chief of Advancement Officer had a severance provision as part of his employment contract. After he left the organization in July 2014, the organization paid a severance to this individual of $89,688, which was reported as other reportable compensation on Schedule J, Part II, Column (b)(iii). A ABAG Finance Authority for Nonprofit Corporations 943130123 00037CQQ6 2010-10-14 29850000 Refunding of Prior Bonds false false false A 0 0 29850000 0 0 0 0 0 0 0 29850000 0 true false true true A false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true A false true true false 0 false 0 true true A true Schedule K, Part I, Column F The date of issuance of the bonds refunded were 6/29/2006 and 7/12/2007. Schedule K, Part IV, Line 2c The final arbitrage rebate and yield restriction compliance report was completed on 1/27/2014. X 522 Fair Market Value X 5 28802 Fair Market Value X 3 2039 Fair Market Value X Electronic equipment 1 575 Fair Market Value X Photography 1 500 Fair Market Value false true false Form 990 Review Process Form 990, Part VI, Section B, Line 11b and Part XII, Line 2c: The School's Form 990 is prepared by an outside accounting firm based upon information provided by the School. The full copy is reviewed by internal management of the School for accuracy and completeness. The Audit Committee, which has responsibility for oversight of the audit and selection of an independent accountant, then reviews the full Form 990. The last step in the review process, an electronic copy of the Form 990 is made available for viewing to each voting member of the School's governing body via a password-protected website before it is filed with the IRS. Monitoring and Enforcement of Conflict of Interest Policy Form 990, Part VI, Section B, Line 12c: The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by having an annual written confirmation by all affected individuals who are instructed to notify the school of any subsequent changes. Process for Determining Compensation of Top Executive and Key Employees Form 990, Part VI, Section B, Line 15: The process for determining compensation of the School's Head of School and other key employees involves the following: (1) Identification of key employees, (2) Review and approval by a subcommittee of the governing body and the Board of Trustees, (3) Use of data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations, and (4) Contemporaneous documentation and recordkeeping with respect to deliberations and decisions regarding the compensation arrangement. Documents Made Available to the Public Form 990, Part VI, Section C, Line 19: The governing documents, conflict of interest policy and financial statements are not published. Explanation of Compensation of Trustees and Key Employees: Form 990, Part VII, Section A: A trustee received non-taxable tuition financial assistance grants in the amount of $10,776. A key employee received non-taxable tuition financial assistance grants in the amount of $73,888. The grants were made on a demonstrated needs-basis based on the School's Financial Assistance Policy. Other Changes in Net Assets Form 990, Part XI, Line 9: Change in Value of Interest Rate Swaps $(388,602) Change in Value of Beneficial Interest in Perpetual Trust $(6,644) Rounding $(1)