2016-05-12T14:48:11-05:00 2015-06-30 942513310 LAUTZE & LAUTZE 303 SECOND STREET SUITE 950N SAN FRANCISCO CA 94107 990 2014-07-01 942427286 ECOLE BILINGUE DBA ECOLE BILINGUE DE BERKELEY ECOL 5105493867 1009 HEINZ AVENUE BERKELEY CA 94710 FREDERIC CANADAS HEAD OF SCHOOL 5105493867 2016-05-09 1 ROGER BULOSAN P00221282 4155436900 2014 2016-08-17 19:52:53Z ECOLE BILINGUE DE BERKELEY FREDERIC CANADAS 1009 HEINZ AVENUE BERKELEY CA 94710 14945554 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 528 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. 15 15 142 200 0 0 1105020 579812 12985336 13288816 82569 64866 215702 190373 14388627 14123867 2238846 2327041 0 0 8806072 8582240 0 0 415927 2384862 2841267 13429780 13750548 958847 373319 23823338 25019801 17499777 18352931 6323561 6666870 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 10444500 2327041 13288816 PROVIDE APPROXIMATELY 528 STUDENTS IN GRADES PRE-KINDERGARTEN THROUGH THE EIGHTH GRADE WITH A BILINGUAL (FRENCH-ENGLISH) EDUCATION. 10444500 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 33 0 1 142 1 0 1 FR 0 0 0 1 1 0 0 0 0 X 15 15 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 NADINE AMARELO 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 (STARTING JUNE 2015) 2.00 X X 0 0 0 JOSHUA MEYER TRUSTEE 2.00 X 0 0 0 PHILIPPE DIETZ TRUSTEE 2.00 X 0 0 0 AL MOORE TREASURER 2.00 X X 0 0 0 SHARON LE DUY SECRETARY 2.00 X X 0 0 0 JAMES LEVINE VICE PRESIDENT 2.00 X X 0 0 0 JEFF LOUSTAU TRUSTEE 2.00 X 0 0 0 KILI SUMMER MCGOWAN TRUSTEE 2.00 X 0 0 0 STEPHANE PRUNET TRUSTEE 2.00 X 0 0 0 JOHN PALMER CHAIR (RESIGNED BY 6/30/15) 2.00 X X 0 0 0 MARK POFF TRUSTEE (RESIGNED BY 6/30/15) 2.00 X 0 0 0 PETER SECOR TRUSTEE (RESIGNED BY 6/30/15) 2.00 X 0 0 0 LOY SHEFLOTT TRUSTEE 2.00 X 0 0 0 ALEXANDRA THUSY-PRIVAT TRUSTEE 2.00 X 0 0 0 FREDERIC CANADAS HEAD OF SCHOOL 40.00 X 282811 0 23698 ANTOINE PORTALES DIRECTOR OF BUSINESS AND F 40.00 X 167221 0 25608 FLORENCE KRAGEN DEVELOPMENT DIRECTOR 40.00 X 124930 0 15568 THIERRY DURANDARD ASSISTANT HEAD OF SCHOOL 40.00 X 149614 0 16872 STACY CHANDLER MIDDLE SCHOOL HEAD 40.00 X 102582 0 22194 BRIGITTE BASTRENTA DIRECTOR OF ADMISSIONS 40.00 X 106987 0 14585 934145 0 118525 6 0 1 0 AL'S BUILDING MAINTENANCE 4960 ELROD DRIVE CASTRO VALLEY CA 94546 JANITORIAL SERVICES 223060 LIEBERT CASSIDY WHITMORE CORP 6033 W CENTURY BLVD 5TH FLOOR LOS ANGELES CA 90045 LEGAL FEE 102037 2 77265 502547 579812 TUITION AND FEES 611710 12946473 12946473 EXTENDED DAY CARE AND CAMPS 611710 306092 306092 AFTER SCHOOL ACTIVITIES 611710 36251 36251 13288816 65027 65027 157928 0 157928 157928 157928 743982 744143 -161 -161 -161 75371 77265 75371 0 20510 2173 18337 18337 MISCELLANEOUS INCOME 611710 14108 14108 14108 14123867 13288816 0 255239 2327041 2327041 511356 102459 306438 102459 6221216 4454522 1610409 156285 292131 206934 77382 7815 1071410 822228 218978 30204 486127 341302 144825 58480 58480 38486 38486 199848 94937 93044 11867 18547 18547 95758 67289 16707 11762 310063 271481 16655 21927 75151 28801 29016 17334 26585 26585 603369 603369 545522 436418 54552 54552 99683 99683 MISCELLANEOUS 163050 155343 7707 LIBRARY AND OTHER 137483 137483 BAD DEBT 131493 131493 TEXTBOOKS 127195 127195 210554 149468 59364 1722 13750548 10444500 2890121 415927 2741 2739 5680091 6802950 181550 67316 122278 58195 28157 23442 22357452 4955772 16115026 17401680 913894 274068 354580 336872 425021 52539 23823338 25019801 1309711 1127151 4237010 3915377 7556062 7406957 27590 22814 4364274 5875502 5130 5130 17499777 18352931 X 5847501 6198305 200767 175279 275293 293286 6323561 6666870 23823338 25019801 X 373319 -30010 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 275293 17821 172 293286 182247 80782 12264 275293 144198 30440 7609 182247 127575 18210 -1587 144198 105956 12990 8629 127575 1.00000 0 0 7316819 7316819 10309319 2568405 7740914 2256165 1933926 322239 2475149 453441 2021708 17401680 DEPOSITS 5130 5130 X 11766816 -30010 -30010 11796826 2327041 2327041 14123867 11423507 0 11423507 2327041 2327041 13750548 PART IV, LINE 2B: THE SCHOOL HOLDS FUNDS FOR THE PARENTS' ASSOCIATION AND STUDENT COUNCIL. PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF ONE FUND, THE ECOLE BILINGUE ENDOWMENT FUND (PREVIOUSLY KNOWN AS SILVER JUBILEE ENDOWMENT FUND), ESTABLISHED TO PROVIDE SUPPORT TO THE SCHOOL IN PERPETUITY. THE ENDOWMENT INCLUDES DONOR-RESTRICTED ENDOWMENT FUNDS ONLY. THE INVESTMENT INCOME IS TO BE REINVESTED FOR A MINIMUM OF THREE YEARS THROUGH JUNE 30, 2007. AFTER JUNE 30, 2007, 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, 2015. INTERPRETATION OF RELEVANT LAW THE BOARD OF TRUSTEES OF THE SCHOOL HAS INTERPRETED CALIFORNIA'S ENACTED VERSION OF UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA) AS REQUIRING THE PRESERVATION OF THE PURCHASING POWER (REAL VALUE) 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, (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, AND (D) THE PORTION OF INVESTMENT RETURN ADDED TO THE PERMANENT ENDOWMENT TO MAINTAIN ITS PURCHASING POWER. 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. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE SCHOOL MUST HOLD IN PERPETUITY. 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 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 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. 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 ORGANIZATION 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 2010 THROUGH 2014 TAX YEARS 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 2D - OTHER ADJUSTMENTS: NET UNREALIZED LOSSES ON FOREIGN HOLDINGS -30,010. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,327,041. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,327,041. 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 MAY 20, 2015, 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 23314 9814 13500 13500 AUCTION 129322 67451 61871 61871 152636 77265 75371 75371 75371 0 20510 2173 20510 2173 22683 -22683 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 222 2327041 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 0 0 0 0 0 0 0 0 0 FREDERIC CANADAS HEAD OF SCHOOL 282811 0 0 0 0 0 0 0 23698 0 306509 0 0 0 ANTOINE PORTALES DIRECTOR OF BUSINESS AND F 167221 0 0 0 0 0 0 0 25608 0 192829 0 0 0 THIERRY DURANDARD ASSISTANT HEAD OF SCHOOL 149614 0 0 0 0 0 0 0 16872 0 166486 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 -30,010. FORM 990, PART XII, LINE 2C: THERE IS NO CHANGE IN THE PROCESS FROM PRIOR YEARS.