2016-04-18T14:33:04-05:00 2015-06-30 942513310 LAUTZE & LAUTZE 303 SECOND STREET SUITE 950N SAN FRANCISCO CA 94107 990 2014-07-01 941518656 THE HEAD ROYCE SCHOOL HEAD 5105311300 4315 LINCOLN AVENUE OAKLAND CA 94602 DENNIS MALONE CHIEF FINANCIAL OFFICER 5105311300 2016-04-06 1 ROGER BULOSAN P00221282 4155436900 2014 2016-08-17 19:52:53Z CRYSTAL LAND 4315 LINCOLN AVENUE OAKLAND CA 94602 33152403 0 X WWW.HEADROYCE.ORG X 1887 CA OPERATION OF A SCHOOL FROM GRADES KINDERGARTEN THROUGH 12TH GRADE 24 23 546 470 0 0 1549671 1927407 28117395 29547107 614841 618329 429793 455027 30711700 32547870 4196778 4413729 0 0 16834555 17093766 0 0 1132683 9722962 10581870 30754295 32089365 -42595 458505 101190383 102264742 43934903 44439184 57255480 57825558 THE MISSION OF HEAD-ROYCE SCHOOL IS TO INSPIRE IN OUR STUDENTS A LIFELONG LOVE OF LEARNING & PURSUIT OF ACADEMIC EXCELLENCE, TO PROMOTE UNDERSTANDING OF & RESPECT FOR THE DIVERSITY THAT MAKES OUR SOCIETY STRONG, & TO ENCOURAGE CONSTRUCTIVE & RESPONSIBLE, GLOBAL CITIZENSHIP. 0 0 24627150 4413729 29926904 INDEPENDENT, CO-EDUCATIONAL COLLEGE PREPARATORY DAY SCHOOL WITH CLASSES FROM KINDERGARTEN THROUGH TWELFTH GRADE FOR APPROXIMATELY 844 STUDENTS. THIS INCLUDES SUMMER ENRICHMENT, HEADS UP, AND AFTER SCHOOL CHILD CARE PROGRAMS. 24627150 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 47 0 1 546 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 24 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X DENNIS MALONE CHIEF FINANCIAL OFFICER 5105311300 THE HEAD ROYCE SCHOOL 4315 LINCOLN OAKLAND CA 94602 WILLIAM NEWELL BOARD CHAIR 1.00 X X 0 0 0 SCOTT VERGAS CO-CHAIR 1.00 X X 0 0 0 LAURA BAXTER-SIMONS CO-CHAIR 1.00 X X 0 0 0 RICK ARNEY TREASURER 1.00 X X 0 0 0 TIM RIPSTEEN SECRETARY 1.00 X X 0 0 0 ERICA BACHMAN PARENT ASSOCIATION PRESIDENT 1.00 X 0 0 0 CHARLIE BAXTER TRUSTEE 1.00 X 0 0 0 COURTNEY READ CARROLL TRUSTEE 1.00 X 0 0 0 JIM CAVALLIER TRUSTEE 1.00 X 0 0 0 MURRAY COHEN TRUSTEE 1.00 X 0 0 0 JESSICA DODSON TRUSTEE 1.00 X 0 0 0 MARC FURSTEIN TRUSTEE 1.00 X 0 0 0 GARY HALL TRUSTEE 1.00 X 0 0 0 RACHELLE HEBRARD TRUSTEE 1.00 X 0 0 0 DAN KAMMEN TRUSTEE 1.00 X 0 0 0 MICHAEL O'SULLIVAN TRUSTEE 1.00 X 0 0 0 SONYA SCHROEDER TRUSTEE 1.00 X 0 0 0 MARTHA SELLERS TRUSTEE 1.00 X 0 0 0 TERRY TAO TRUSTEE 1.00 X 0 0 0 KATHERINE WELCH TRUSTEE 1.00 X 0 0 0 FRANK WILLIAMS TRUSTEE 1.00 X 0 0 0 FRANK YEARY TRUSTEE 1.00 X 0 0 0 EDIE ZUSMAN TRUSTEE 1.00 X 0 0 0 ROBERT LAKE HEAD OF SCHOOL 40.00 X X 355457 0 30253 DENNIS MALONE CHIEF FINANCIAL OFFICER 40.00 X 241297 0 28992 ELIZABETH OWEN DIRECTOR OF COMMUNICATIONS & MARKETING 40.00 X 183013 0 24337 CARL THIERMAN UPPER SCHOOL HEAD 40.00 X 170131 0 23862 LINDA HOOPES MIDDLE SCHOOL HEAD 40.00 X 134824 0 19842 MARY FAHEY DIRECTOR OF COMMUNITY RELATIONS 40.00 X 115402 0 16864 CATHERINE AUGUS LOWER SCHOOL HEAD 40.00 X 128088 0 20629 BARBARA GEE DIRECTOR OF DIVERSITY 40.00 X 120199 0 9209 SCOTT CLARK TEACHER 40.00 X 113722 0 16405 1562133 0 190393 21 0 1 0 SODEXO INC & ASSOCIATES DEPT 880328 LOS ANGELES CA 90088 MAINTENANCE & JANITORIAL 1309833 HEALTH NET FILE 52617 LOS ANGELES CA 90074 HEALTH SERVICES 890879 EPICUREAN GROUP 111 MAIN STREET SUITE 3 LOS ALTOS CA 94022 FOOD SERVICES 827114 KAISER FOUNDATION FILE 5915 LOS ANGELES CA 90074 HEALTH SERVICES 587756 WELLS FARGO INSURANCE SERVICES USA INC 45 FREMONT ST SUITE 800 SAN FRANCISCO CA 94105 INSURANCE 290380 12 156740 1770667 22658 1927407 TUITION & FEES 611600 27020536 27020536 SUMMER & AFTER SCHOOL PROGRAMS 611600 1834522 1834522 FOOD PROGRAM 611600 692049 692049 29547107 408499 408499 75230 0 75230 75230 75230 723594 513764 209830 209830 209830 55495 156740 55495 0 81664 35274 46390 46390 MISCELLANEOUS INCOME 611600 333407 333407 333407 32547870 29926904 0 693559 4413729 4413729 890304 890304 12977534 10192847 2242106 542581 815726 625988 154015 35723 1329199 1045071 207807 76321 1081003 781120 254577 45306 195084 195084 63400 63400 28128 28128 2103627 1431939 437769 233919 46469 5688 40781 352759 60173 231193 61393 181625 33042 148583 502855 446977 55878 553104 501482 51622 111907 24517 80691 6699 967972 725979 241993 1568591 1176443 392148 523303 391562 128323 3418 FOOD PROGRAM 929390 929390 OUTSIDE ACTIVITIES 721461 721461 GENERAL CLASSROOM 563468 534494 28974 PROFESSIONAL DEVELOPMEN 132428 132428 1036299 452820 456156 127323 32089365 24627150 6329532 1132683 1250 2024597 23259543 21255773 6500 1000 191424 273836 40271 37724 764194 825357 75085449 18051635 56314705 57033814 16344647 16338603 3875115 4095448 392734 378590 101190383 102264742 2608754 3270895 13768191 14107182 24261107 27557958 2800000 43934903 44439184 X 38895919 39310647 300032 245647 18059529 18269264 57255480 57825558 101190383 102264742 458505 111573 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 18144146 289793 617722 695465 18356196 16299782 74140 2430703 660479 18144146 15930350 28799 1018108 677475 16299782 16250386 40048 293851 653935 15930350 14118365 261353 2446848 576180 16250386 0.01000 0.99000 0.00000 0 0 9810193 9810193 59642932 15249264 44393668 3430474 2472351 958123 2201850 330020 1871830 57033814 X 27382073 111573 111573 27270500 5277370 5277370 32547870 26811995 0 26811995 5277370 5277370 32089365 PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS IS FOR SCHOLARSHIPS, FELLOWSHIP, COMPENSATION, HEADS UP, AND OTHER VARIOUS PROGRAMS. PART X, LINE 2: THE SCHOOL HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN, OR EXPECTED TO BE TAKEN, IN A TAX RETURN AND REQUIRES THE AFFIRMATIVE EVALUATION THAT IS MORE-LIKELY-THAN-NOT, BASED ON THE TECHNICAL MERITS OF A TAX POSITION, THAT AN ENTERPRISE IS ENTITLED TO ECONOMIC BENEFITS RESULTING FROM TAX POSITIONS TAKEN IN INCOME TAX RETURNS. FOR TAX EXEMPT ENTITIES, FAVORABLE TAX STATUS ITSELF IS DEEMED TO BE AN UNCERTAINTY, AS EVENTS COULD POTENTIALLY OCCUR TO JEOPARDIZE THEIR TAX-EXEMPT STATUS. IF A TAX POSITION DOES NOT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THIS STANDARD ALSO REQUIRES ORGANIZATIONS TO DISCLOSE ADDITIONAL QUANTITATIVE AND QUALITATIVE INFORMATION IN THEIR FINANCIAL STATEMENTS ABOUT UNCERTAIN TAX POSITIONS. THE SCHOOL'S EVALUATION ON JUNE 30, 2015 REVEALED NO TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE 2011 THROUGH 2014 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. IN ADDITION, THE TAX YEARS 2010 THROUGH 2014 REMAIN SUBJECT TO EXAMINATION BY THE CALIFORNIA FRANCHISE TAX BOARD. THE SCHOOL DOES NOT BELIEVE THAT ANY REASONABLY POSSIBLE CHANGES WILL OCCUR WITHIN THE NEXT TWELVE MONTHS THAT WILL HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FOOD PROGRAM EXPENSES 760,852. SCHOLARSHIPS, FINANCIAL AID AND TUITION REMISSION 4,413,729. INVESTMENT FEES 28,128. PARENT ASSOCIATION EXPENSES 74,661. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS, FINANCIAL AID AND TUITION REMISSION 4,413,729. FOOD PROGRAM EXPENSES 760,852. INVESTMENT FEES 28,128. PARENT ASSOCIATION EXPENSES 74,661. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL ADVERTISED ITS NON-DISCRIMINATION POLICY IN THE LEGAL NOTICES SECTION OF THE SAN FRANCISCO CHRONICLE ON MAY 20, 2015. AUCTION 212235 156740 55495 55495 212235 156740 55495 55495 55495 0 1 FINANCIAL ASSISTANCE 184 3621450 FMV TUITION TUITION REMISSION 52 655132 FMV TUITION SUPPLEMENTARY ASSISTANCE 153 124803 FMV TUITION FINANCIAL AID ENHANCEMENTS 6 12344 FMV TUITION PART I, LINE 2: FINANCIAL ASSISTANCE, AID AND TUITION REMISSION ARE USED FOR INTERNAL SCHOOL TUITION COSTS. X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 ROBERT LAKE HEAD OF SCHOOL 355457 0 0 0 0 0 19500 0 10753 0 385710 0 0 0 DENNIS MALONE CHIEF FINANCIAL OFFICER 241297 0 0 0 0 0 18190 0 10802 0 270289 0 0 0 ELIZABETH OWEN DIRECTOR OF COMMUNICATIONS & MARKETI 183013 0 0 0 0 0 13919 0 10418 0 207350 0 0 0 CARL THIERMAN UPPER SCHOOL HEAD 170131 0 0 0 0 0 13466 0 10396 0 193993 0 0 0 LINDA HOOPES MIDDLE SCHOOL HEAD 134824 0 0 0 0 0 10112 0 9730 0 154666 0 0 0 PART I, LINE 1A THE SCHOOL OWNS A HOME FOR THE PURPOSE OF PROVIDING HOUSING FOR THE HEAD OF SCHOOL AND HIS FAMILY. HE IS REQUIRED TO USE THIS HOUSE FOR ENTERTAINING BOARD MEMBERS, EMPLOYEES, ALUMNI, AND DONORS OF THE SCHOOL. IN ADDITION, THE HEAD OF SCHOOL IS PROVIDED AN ANNUAL STIPEND FOR USE IN HIS SOLE DISCRETION. A CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY (LINE A) 680164610 2012-01-12 15124000 SEE BELOW 0 0 0 B CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY (LINE B) 680164610 2013-01-31 10447500 SEE BELOW 0 0 0 A 886237 15124000 11800000 129000 3195000 2012 0 1 1 1 B 424156 10447500 1115536 123463 9208501 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 A 1 B 1 SCHEDULE K, PART 1, LINE A, DESCRIPTION OF PURPOSES: TO REFUND A PRIOR ISSUE DATED 11/2/2006 WHICH WAS USED TO FINANCE THE CONSTRUCTION AND AQUISITION OF EDUCATIONAL FACILITIES. BALANCE OF FUNDS WAS USED TO PAY OFF THE INTEREST RATE SWAP ASSOCIATED WITH THE BOND. SCHEDULE K, PART 1, LINE B, DESCRIPTION OF PURPOSES: TO FINANCE THE PURCHASE AND IMPROVEMENT OF THE SOUTH CAMPUS IN ADDITION TO FINANCING OTHER CAPITAL PROJECTS AT THE NORTH CAMPUS. SCHEDULE K, PART 1V, ARBITRAGE, LINE 2C: (A): THE REBATE COMPUTATION WAS PERFORMED IN 2012 WHEN THE BOND PROCEEDS WERE SPENT. (B): NO FILING IS REQUIRED AT THIS TIME. FORM 990, PART VI, SECTION B, LINE 11 MEMBERS OF THE FINANCE COMMITTEE REVIEW THE FORM 990 ON BEHALF OF THE GOVERNING BOARD. HOWEVER, A COPY OF THE 990 IS ALSO MADE AVAILABLE TO ANY BOARD MEMBER AT HIS REQUEST. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBER REQUIRED TO REVIEW AND SIGN CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL IS A MEMBER OF SEVERAL INDEPENDENT SCHOOL ORGANIZATIONS WHICH GATHER AND SHARE SALARY STATISTICS. THE SCHOOL USES THIS INFORMATION FOR COMPARATIVE PURPOSES AND ALSO TAKES INTO CONSIDERATION THE LONGEVITY, EDUCATION, AND PERFORMANCE OF THE INDIVIDUAL. MEMBERS OF THE EXECUTIVE BOARD AND FINANCE COMMITTEE REVIEW TOP MANAGEMENT SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FROM THE THE HEAD OF SCHOOL'S OFFICE. FORM 990, PART XII, LINE 2 (C) THERE IS NO CHANGE OF THE PROCESS FROM PRIOR YEARS.