2016-02-12T17:51:51-06:00 2015-06-30 363990892 Capin Crouse LLP 3010 Saturn Street Suite 205 Brea CA 92821 990 2014-07-01 954656912 Oaks Christian School OAKS 8185759900 31749 La Tienda Drive Westlake Village CA 91362 Liz Carey VP of Finance and Accounting 8185759900 2016-02-12 1 David C Moja P00747006 7149619300 2014 2016-08-17 19:52:53Z Robert Black 31749 La Tienda Drive Westlake Village CA 91362 49586641 0 X www.oakschristian.org X 1997 CA To dedicate ourselves to Christ in the pursuit of academic excellence. 14 14 452 660 -347243 -198863 5188671 3356429 43355088 43781470 153311 784719 -198177 -262529 48498893 47660089 9574930 9440757 0 0 18052608 18595150 77683 73962 1240871 16905031 17368279 44610252 45478148 3888641 2181941 115808540 120976171 55533248 58622433 60275292 62353738 X The school's mission is: To dedicate ourselves to Christ in the pursuit of academic excellence, artistic expression, and athletic distinction while growing in knowledge and wisdom through God's abundant grace. 0 0 36381942 9440757 39356013 Primary educational program for tuition and related fees: Oaks Christian School ("OCS") is an independent, non-denominational Christian school serving students in grades 5th through 12th. Founded in the year 2000, OCS now educates over 1,300 students in a college preparatory environment. OCS added a new middle school campus in 2009 adjacent to the original campus which is now the high school campus. This enables the school to increase its ability to serve our growing student population with the best facilities available. For the fiscal year ended June 30, 2015 the school enrollment was 1,364. 3212874 3779170 The school's student programs and activities include strong academic programs, competitive athletic programs, multiple art programs (theatre, choir, band, orchestra, dance, fine arts), Spiritual Life activities including student retreats, chapel time, community service and mission trip opportunities, college counseling services, mock trial, speech/debate and numerous other club, social and extra-curricular activities. OCS students have amazing opportunities to participate in school mission trips both domestic and internationally. Each year approximately 200 students join these trips to help teach English, build houses or other structures, visit orphans and share the gospel. In the past, middle school students have traveled to Costa Rica, China and Mexico while high school students have traveled to Guatemala, Haiti, Honduras, China, Costa Rica, India, South Africa and Uganda. In addition to providing services to those in need, these experiences build cross cultural skills that are invaluable in the students' growth. 853858 711138 Auxiliary and Other Activities: Auxiliary programs include summer sport camps, Parent Association/Booster Club, Oaks Performing Art Society ("OPAS"), Busing, School Cafe services and campus store services. The Booster Club provides support to our student athletes and teams while OPAS provide support to the school's performing arts activities through generous support of both volunteer hours as well as financial donations. 40448674 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 171 2 1 452 1 1 1 0 0 0 0 1 1 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Amy O'Friel 8185759900 31749 La Tienda Drive Westlake Village CA 91362 David Price Chairman Emiritus & Founder 1.00 X X 0 0 0 Michelle Hiepler Secretary 1.00 X X 0 0 0 Edward Atsinger Board Member 1.00 X 0 0 0 John Batiste Board Member 1.00 X 0 0 0 John Bedrosian Board Member 1.00 X 0 0 0 Bill Crockett Board Member 1.00 X 0 0 0 William Dallas Board Member 1.00 X 0 0 0 Linda Livingstone Chairperson 1.00 X 0 0 0 Brian Matthews Board Member 1.00 X 0 0 0 Robert Peddicord Board Member 1.00 X 0 0 0 Dallas Price-Van Breda Founder 1.00 X 0 0 0 Terry Roberts Board Member 1.00 X 0 0 0 Allyson Weinberg Board Member 1.00 X 0 0 0 Karl Zeile Board Member 1.00 X 0 0 0 Scott Lisea Acting Head of School (part year) 40.00 X 135091 0 57109 Paul Oberhaus part year CFO/VP of Operations 40.00 X 205788 0 15685 Kris Thabit Treasurer/Interim COO & CFO 40.00 X 100000 0 0 Robert Black part year COO/CFO 40.00 X 0 0 0 Anne Carey VP Finance & Accounting 40.00 X 140814 0 38720 John Huffman Vice President of Advancem 40.00 X 169181 0 17704 Kirk Miyashiro HS Principal 40.00 X 153249 0 13466 Paul Long Director of Admissions & M 40.00 X 148060 0 13213 Jason McMaster Dean of Academic Developme 40.00 X 142995 0 26613 Victoria Conway Director of Online School 40.00 X 129848 0 11223 Nan Papenhausen part year Dean of Academics & Registrar 40.00 X 129159 0 4327 Jeff Woodcock President/Headmaster (former officer) 40.00 X 231813 0 16558 1685998 0 214618 20 1 1 0 Hellas Construction Inc 12710 Research Blvd Suite 240 Austin TX 78759 Construction services 1164415 Apex General Contractors Inc 1250 North Olive Street Ventura CA 93001 Construction services 1158678 PBJ Facility Solutions 2418 Leaflock Avenue West Lake Village CA 91361 Facility Management Services 829792 CPI Solutions 5999 Ridgeview Street Unit A Camarillo CA 93012 Technology consulting/computer maint 459007 California Commercial Pools 2255 E Auto Center Drive Glendora CA 91740 Construction/repair services 367000 15 501137 2855292 460811 3356429 Tuition & Fees 611710 39356013 39356013 Auxiliary Income 611710 4353889 4353889 Other Program Income 611710 71568 71568 43781470 737649 737649 1208237 1486121 -277884 -277884 -347243 69359 47070 0 47070 47070 47070 241690 501137 335786 -94096 -94096 44600 0 44600 44600 169496 104645 64851 64851 47660089 43846321 -347243 804582 9440757 9440757 918013 743040 144128 30845 14513741 11747422 2278657 487662 514637 416547 80798 17292 1350593 1093170 212043 45380 1298166 1050736 203812 43618 1051536 1010842 32282 8412 63736 50989 9560 3187 58805 47044 8821 2940 73962 73962 134547 49706 27683 57158 425802 127741 298061 263515 210812 39527 13176 372318 297854 55848 18616 3622604 3465341 123838 33425 35019 24355 5939 4725 799409 768472 24542 6395 3422594 3290139 105074 27381 520527 416422 78079 26026 Student Programs 3777846 3777846 Other Admin Expenses 1394542 1121701 230231 42610 Other Auxiliary Expense 673250 673250 Athletics 462931 462931 289298 289298 45478148 40448674 3788603 1240871 2298183 2547584 13250083 11822780 155165 134760 192593 67076 51294 1058250 1260751 116399155 36147023 77961604 80252132 18907263 22430432 1915501 2096433 195415 187412 115808540 120976171 8011081 8307529 14140047 15083285 32041757 33762970 1340363 1468649 55533248 58622433 X 57748268 59384878 1072713 1280199 1454311 1688661 60275292 62353738 115808540 120976171 X 2181941 24789 -128284 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 257231 202917 16963 477111 208778 5417 43036 257231 180934 2917 24927 208778 160674 14166 6094 180934 131783 28891 160674 0.58000 0.42000 0 0 9074816 9074816 61774408 16394799 45379609 18131503 3281238 14850265 16254536 11398215 4856321 11163892 5072771 6091121 80252132 Interest Rate Swap Agreement 1468649 1468649 X 40170673 24789 -9440757 -9415968 49586641 -1926552 -1926552 47660089 38092227 2054836 2054836 36037391 9440757 9440757 45478148 Part V, Line 4: To begin the development of a permanent endowment fund. Part X, Line 2: The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statement of activities. As of June 30, 2015, the School had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. Part XI, Line 2d - Other Adjustments: Student Financial Aid -9,440,757. Part XI, Line 4b - Other Adjustments: Special Event & Gaming Expenses Reported on Form 990, Part VIII -335,786. Rental Expenses Reported on Form 990, Part VIII -1,486,121. Cost of Goods Sold Reported on Form 990, Part VIII -104,645. Part XII, Line 2d - Other Adjustments: Special Event & Gaming Expenses Reported on Form 990, Part VIII 335,786. Rental Expense Reported on Form 990, Part VIII 1,486,121. Change in Value of Bond Interest Rate Swap (based on mark-to-market) 128,284. Cost of Goods Sold Reported on Form 990, Part VIII 104,645. Part XII, Line 4b - Other Adjustments: Student Financial Aid 9,440,757. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Oaks regularly publicizes its policies through the newspaper. Central America and the Caribbean 0 0 Program Services Short Term Mission Trips 95160 East Asia and the Pacific 0 0 Program Services Short Term Mission Trips 1100 Europe 0 0 Program Services Short Term Mission Trips 46832 South Asia 0 0 Program Services Short Term Mission Trips 52040 Sub-Saharan Africa 0 0 Program Services Short Term Mission Trips 81814 North America - Canada and Mexico, but but not the United States 0 0 Program Services Short Term Mission Trips 18032 0 0 0 0 0 0 294978 0 294978 0 0 0 0 0 0 Part I, line 3: Expenses for mission trips are recorded using the accrual basis of accounting. X X X X X X 1 Netzel Grigsby Associates Inc 9696 Culver Blvd Suite 105 Culver City CA 90232 Capital/Endowment campaign study services 0 0 73962 -73962 73962 -73962 Annual Auction Dinner 518668 404668 114000 210630 Golf Tournament 224159 96469 127690 99604 25552 742827 501137 241690 99604 236182 335786 -94096 44600 0 44600 44600 CA 0 We are exempt under penal code section 320.5 from being licensed to operate gaming activities due to the fact that we are an educational institution. 0 0 0 1.00000 Amy O'Friel Accounting Manager 31749 La Tienda Drive Westlake Village CA 91362 0 NA 0 1 Financial Aid for Tuition 572 9440757 Part I, Line 2: Families interested in obtaining financial aid to help pay for tuition must submit a financial aid application through a third party processor ("vendor"). The process includes the submission of tax returns, W2 forms and other documents depending on the family's situation. The vendor runs the data through their program based on certain parameters reviewed by the school and then comes up with recommendations for financial aid amounts. The school's Financial Aid department then reviews reports as well as additional data and refines financial aid awards as appropriate. Once finalized the data is uploaded into the tuition billing system used by the school. All financial aid grants are used to offset tuition for the specific school year for which it was awarded. OCS provides needs-based financial aid only for students, with the exception of a couple very small merit-based awards funded by restricted donations. X X X X 1 0 0 1 0 0 0 0 0 Scott Lisea Acting Head of School (part year) 135091 0 0 0 0 0 6048 0 51303 0 192442 0 0 0 Paul Oberhaus part year CFO/VP of Operations 205788 0 0 0 0 0 7985 0 7866 0 221639 0 0 0 Anne Carey VP Finance & Accounting 140814 0 0 0 0 0 7703 0 31269 0 179786 0 0 0 John Huffman Vice President of Advancem 169181 0 0 0 0 0 7092 0 10857 0 187130 0 0 0 Kirk Miyashiro HS Principal 153249 0 0 0 0 0 7495 0 6216 0 166960 0 0 0 Paul Long Director of Admissions & M 148060 0 0 0 0 0 7242 0 6222 0 161524 0 0 0 Jason McMaster Dean of Academic Developme 142995 0 0 0 0 0 5916 0 20951 0 169862 0 0 0 Jeff Woodcock President/Headmaster (former officer 231813 0 0 0 0 0 6594 0 10090 0 248497 0 0 0 Part I, Line 4a N. Papenhausen, included in the highest compensated employee list, ended her employment with OCS on December 15, 2014 and was paid a lump sum of $49,857.12. Part I, Line 5 The VP of Advancement receives a bonus which is substantially based on meeting certain contribution targets for the fiscal year. A California Municipal Finance Authority 201563466 2013-12-12 32400000 See Part VI 0 0 0 A 6080833 32400000 200000 6100000 26100000 2015 1 0 0 1 A 0 0 1 1 0 0 0 1 A 0 0 1 0 1 0 0 0 1 A 0 Schedule K, Part I, Bond Issues: (f) Description of Purpose: To construct building additions, improvements, and renovations. Refinanced Bonds Series 2006 in December 2013. 13920 Tuition Remission as per the school's policy X 5 198008 Stock Market Value X Auction items 442 262803 Sales Price 0 1 0 Part I, Column (b): Donated securities are reported by the number of donations received. Auction items are reported by the number of items received. Form 990, Part VI, Section B, line 11 Form 990 was prepared by an independent CPA firm. We have a board appointed Tax CPA review our 990 draft on behalf of the board before it is filed. After the filing, we send all our board members a public inspection copy of the 990 and advise them that the full 990 form is available upon request. Form 990, Part VI, Section B, line 12c Documentation of responses is reviewed and any exceptions are noted and followed up on. Form 990, Part VI, Section B, line 15 For positions such as the Headmaster, COO/CFO, VP Advancement, HS Principal and MS Principal, the following is done: 1) Obtain survey from NAIS; 2) Benchmark salaries for above positions for similar schools in California; 3) Above info with historical salaries of these positions are sent to the Compensation Committee of the Board of Directors, and 4) Compensation Committee determines salary increases. This process and approval is recorded in the corporate minutes. Form 990, Part VI, Section C, line 18 Form 990 is also available on Guidestar. Form 990, Part VI, Section C, line 19 Made available upon request. Form 990, Part XI, line 9: Change in Value of Interest Rate Swap Agreement -128,284. Form 990, Part XI, Line 2c: The responsibility for audit oversight and selection of independent public accountants has not changed from the previous year.