2015-05-14T13:36:59-05:00 2014-06-30 954749365 STANISLAWSKI & HARRISON CPAS 301 N LAKE AVE SUITE 900 PASADENA CA 91101 990 2013-07-01 330729698 SAGE HILL SCHOOL SAGE 9492191310 20402 NEWPORT COAST DRIVE NEWPORT COAST CA 92657 KATHLEEN S WILK CHIEF FINANCIAL OFFICER 9492191312 2015-05-14 1 ALAN HARRISON P00157337 6267933600 2015-05-14 2013 2016-02-25 16:41:14Z KATHLEEN S WILK 20402 NEWPORT COAST DRIVE NEWPORT COAST CA 92657 19688738 0 X WWW.SAGEHILLSCHOOL.ORG X 1996 CA A PRIVATE COED HIGH SCHOOL THAT INSPIRES IN THEIR STUDENTS A LOVE OF KNOWLEDGE. 25 25 171 300 0 0 9361597 3313532 14690138 15713131 520079 440122 112147 36591 24683961 19503376 1856379 1859290 0 0 9007468 9705241 0 0 944248 8621223 7309276 19485070 18873807 5198891 629569 89515122 94100678 30155224 32986723 59359898 61113955 X WE INSPIRE IN OUR STUDENTS A LOVE OF KNOWLEDGE AND THE ABILITY TO USE THAT KNOWLEDGE CREATIVELY, COMPASSIONATELY AND COURAGEOUSLY THROUGHOUT THEIR LIVES.SAGE HILL SCHOOL'S COMMITMENT TO ACADEMIC EXCELLENCE, OUR OUTSTANDING COLLEGE PREPARATION, AND OUR UNWAVERING DEDICATION TO A PUBLIC PURPOSE HAVE PROVIDED A TRANSFORMATIVE EXPERIENCE FOR OUR STUDENTS. ACADEMIC EXCELLENCE - SAGE HILL OFFERS A RIGOROUS, COMPREHENSIVE CURRICULUM THAT CHALLENGES AND INSPIRES STUDENTS TO TAKE RISKS, THINK CRITICALLY, AND USE WHAT THEY LEARN IN CLASS IN THE WORLD BEYOND OUR CAMPUS. OUR WORLD-CLASS EDUCATORS TEACH CLASSES THAT AVERAGE FIFTEEN STUDENTS AND FOSTER CURIOSITY, DISCOVERY, AND A PASSION FOR LEARNING. 0 0 14743934 1859290 15713131 NON-DENOMINATIONAL HIGH SCHOOL WITH A CURRENT ENROLLMENT OF APPROXIMATELY 475 STUDENTS. EVERY SCHOOL PROGRAM EMPHASIZES RESPECT, A COMMITMENT TO OTHERS, AND A SENSE OF COMMUNITY. IN ADDITION TO SAGE HILL'S EXEMPLARY ACADEMIC PROGRAM, THE SCHOOL'S STRONG OFFERINGS IN ATHLETICS, SERVICE LEARNING, AND ARTS GIVE EVERY STUDENT THE OPPORTUNITY TO EXPLORE THEIR EXTRACURRICULAR PASSIONS. SAGE HILL SCHOOL'S PROGRAM EMBRACES A PUBLIC PURPOSE THAT EXTENDS BEYOND ITS CAMPUS, AND INVOLVES EVERY STUDENT AND TEACHER AT THE SCHOOL, WHO ENGAGE WITH OUR LOCAL AND GLOBAL COMMUNITIES, BROADENING THEIR LEARNING EXPERIENCE BEYOND THE CLASSROOM AND DISCOVERING OPPORTUNITIES TO SERVE WITH COMPASSION AND CONVICTION. 14743934 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 1 0 0 0 1 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 65 0 1 171 1 0 0 0 0 0 1 1 0 0 0 0 X 25 25 1 0 1 0 0 0 0 1 0 0 0 0 1 0 1 1 1 1 1 0 CA X KATHLEEN S WILK 9492190100 20402 NEWPORT COAST DRIVE NEWPORT COAST CA 92657 MIKE BOLEN TRUSTEE 1.00 X 0 0 0 VICKI U BOOTH TRUSTEE 1.00 X 0 0 0 DIANNA BOULOS 032014 TRUSTEE 1.00 X 0 0 0 ROSHANTHA CHANDRARATNA TRUSTEE 1.00 X 0 0 0 JIM CHIBOUCAS TRUSTEE 1.00 X 0 0 0 LILLIAN CHUNG TRUSTEE 1.00 X 0 0 0 MARK DANNER TRUSTEE 1.00 X 0 0 0 TRACY FRIEDMANN TRUSTEE 1.00 X 0 0 0 RICHARD A GADBOIS III 122013 TRUSTEE 1.00 X 0 0 0 MADELINE GORDON TRUSTEE 1.00 X 0 0 0 JANET HADLEY TRUSTEE 1.00 X 0 0 0 RANDY HEYLER TRUSTEE 1.00 X 0 0 0 DOUGLAS HODGE TRUSTEE 1.00 X 0 0 0 MICHELLE MERAGE-JANAVS TRUSTEE 1.00 X 0 0 0 PAUL KIM TRUSTEE 1.00 X 0 0 0 JUAN FRANCISCO LARA TRUSTEE 1.00 X 0 0 0 JOEL K LIPMAN MD TRUSTEE 1.00 X 0 0 0 MARK MURRAY TRUSTEE 1.00 X 0 0 0 DOUGLAS C NEFF TRUSTEE 1.00 X 0 0 0 MICHAEL D RAY TRUSTEE 1.00 X 0 0 0 DONALD ROBERT TRUSTEE 1.00 X 0 0 0 CHARLES RUCK TRUSTEE 1.00 X 0 0 0 TOYO SHIMANO TRUSTEE 1.00 X 0 0 0 KAREN THORP 042014 TRUSTEE 1.00 X 0 0 0 CHRISTY MARLIN CHAIR 1.00 X X 0 0 0 DAVID DULL VICE-CHAIR 1.00 X X 0 0 0 ANDRA GREENE ELLINGSON SECRETARY 1.00 X X 0 0 0 LARRY WARD TREASURER 1.00 X X 0 0 0 GORDON MCNEILL HEAD OF SCHOOL 40.00 X 422079 0 35562 DIANE H SHANK CHIEF OPERATING OFFICER 40.00 X 281423 0 17930 PATRICIA MERZ ASSISTANT HEAD OF SCHOOL 40.00 X 186996 0 12816 ELAINE MIJALIS DIRECTOR OF ADMISSION AND FINANCIAL AID 40.00 X 150882 0 12593 SHOSHANA GRAMMER DIRECTOR OF DEVELOPMENT 40.00 X 148188 0 35916 JASON GREGORY DIRECTOR OF COMMUNITY LIFE AND PUBLIC PURPOSE 40.00 X 133838 0 15352 JON POFFENBERGER DEAN OF STUDENTS 40.00 X 115798 0 10602 1439204 0 140771 7 0 1 0 CW DRIVER 468 N ROSEMEAD BLVD PASADENA CA 91107 CONSTRUCTION 1281221 STEINBERG ARCHITECTS 60 PIERCE AVENUE SAN JOSE CA 95110 ARCHITECT SERVICES 812386 O'LEARY 5000 BIRCH STREET SUITE 1000 NEWPORT BEACH CA 92660 MARKETING CONSULTANTS 284688 NEXUS IS INC 1801 W OLYMPIC BLVD PASADENA CA 91199 TECHNOLOGY 249363 BAYSIDE SERVICES INC 1200 QUAIL ST 210 NEWPORT BEACH CA 92660 JANITOR SERVICE 240886 10 407682 2905850 39035 3313532 TUITION AND FEES 611710 15217830 15217830 SUMMER AND AUX PROGRAMS 611710 425023 425023 FORFEITED TUITION 611710 45178 45178 APPLICATION FEES 611710 25100 25100 15713131 440122 440122 151647 407682 185362 -33715 -33715 PARENT ASSOCIATION ACTIVITIES 900099 35867 35867 OTHER INCOME 900099 34439 34439 70306 19503376 15713131 0 476713 1859290 1859290 751069 110091 464832 176146 7451603 5843882 1224568 383153 336323 260056 57868 18399 562810 411882 106328 44600 603436 451167 116613 35656 89238 89238 856816 717278 116288 23250 179120 179120 852594 484018 291657 76919 253499 235754 15210 2535 366382 340735 21983 3664 143301 141709 1582 10 92990 34654 51693 6643 708143 708143 1505196 1399832 90312 15052 300578 284000 14270 2308 ACADEMIC SUPPORT 328801 328801 SUMMER AND AUX PROGRAMS 313249 313249 ATHLETICS 264849 264849 PUBLIC RELATIONS 236347 47529 32970 155848 818173 507015 311093 65 18873807 14743934 3185625 944248 4108160 6346714 11487546 5685086 4023050 3156454 36052 17241 93148 31084 127575 78433 79461060 14776397 57792874 64684663 10984499 13632232 766260 376050 95958 92721 89515122 94100678 801444 2753967 8373780 9252756 20980000 20980000 30155224 32986723 X 50551796 57298477 7284807 2237183 1523295 1578295 59359898 61113955 89515122 94100678 X 629569 1189641 -65153 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12225316 253799 1541545 14020660 10931820 589422 1122074 418000 12225316 10976657 76978 290685 412500 10931820 9153676 542898 1594207 314124 10976657 8243025 982618 -71967 9153676 0.86960 0.11260 0.01780 0 0 20128606 20128606 55332159 12399391 42932768 3752969 2224026 1528943 247326 152980 94346 64684663 X 18566383 1189641 -2172539 -982898 19549281 -45905 -45905 19503376 16812326 111058 111058 16701268 2172539 2172539 18873807 PART V, LINE 4: THE INTENDED USE OF ENDOWMENT FUNDS ARE FOR FINANCIAL AID, FACULTY PROFESSIONAL DEVELOPMENT, AND OPERATIONS. PART X, LINE 2: THE SCHOOL HAS BEEN GRANTED EXEMPTION FROM INCOME TAX UNDER SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES ALL OF THE POSITIONS TAKEN BY THE SCHOOL ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES GENERALLY THREE AND FOUR YEARS, RESPECTIVELY, AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -1,859,290. SUMMER AND AUX PROGRAM EXPENSES -313,249. PART XI, LINE 4B - OTHER ADJUSTMENTS: MULTI-CULTURAL FAIR EXPENSES -27,632. GOLF TOURNAMENT -18,273. PART XII, LINE 2D - OTHER ADJUSTMENTS: MULTI-CULTURAL FAIR EXPENSES 27,632. GOLF TOURNAMENT 18,273. BAD DEBT - LOSS ON CONTRIBUTIONS RECEIVABLE 65,153. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,859,290. SUMMER AND AUX PROGRAM 313,249. SCHEDULE D, PART V, COLUMN B, LINES 1B AND 1G: PRIOR YEAR REPORTED AMOUNTS WERE DECREASED BY $41,921 TO AGREE WITH INTERNAL ENDOWMENT RECORDS AND AUDITED FINANCIAL STATEMENTS. 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 PUBLISHES A NOTICE OF THE NONDISCRIMINATORY POLICY IN THE LOS ANGELES TIMES ANNUALLY. CENTRAL AMERICA AND THE CARIBBEAN - CAYMAN ISLANDS 1 INVESTMENTS 376051 1 0 0 0 1 0 376051 0 376051 0 0 0 0 1 0 SCHEDULE F, PART I THE SCHOOL HAS A MINORITY INTEREST IN HEDGE FUND INVESTMENT IN A CAYMAN ISLAND LIMITED LIABILITY COMPANY, DONATED TO THE SCHOOL IN 2009. SPRING EVENT 505637 393132 112505 6124 625 72888 26634 23553 MULTI-CULTURAL FAIR 23180 23180 55 299 7728 19549 1 30512 14550 15962 483 13000 11322 3102 559329 407682 151647 6662 13625 84509 34362 46204 185362 -33715 1 FINANCIAL AID 66 1859290 FMV FINANCIAL AID PART I, LINE 2: ON A NON-DISCRIMINATORY BASIS, THE FINANCIAL AID COMMITTEE DETERMINES THE ALLOCATION OF THE AWARD BASED ON NEED, UTILIZING DATA FROM A THIRD-PARTY FINANCIAL AID SERVICE. THE LIST OF STUDENTS RECEIVING FINANCIAL AID IS GIVEN TO THE BUSINESS OFFICE WHERE THE TUITION BILLING IS PROCESSED. X X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 GORDON MCNEILL HEAD OF SCHOOL 295500 0 70000 0 56579 0 12500 0 23062 0 457641 0 0 0 DIANE H SHANK CHIEF OPERATING OFFICER 277507 0 0 0 3916 0 12500 0 5430 0 299353 0 0 0 PATRICIA MERZ ASSISTANT HEAD OF SCHOOL 170999 0 15000 0 997 0 8102 0 4714 0 199812 0 0 0 ELAINE MIJALIS DIRECTOR OF ADMISSION AND FINANCIAL 149540 0 0 0 1342 0 7318 0 5275 0 163475 0 0 0 SHOSHANA GRAMMER DIRECTOR OF DEVELOPMENT 147000 0 0 0 1188 0 7140 0 28776 0 184104 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL RECEIVES A TAXABLE MONTHLY STIPEND FOR HOUSING AND AUTO AS STATED IN HIS EMPLOYMENT AGREEMENT. PART I, LINE 7 BONUSES PAID TO: GORDON MCNEILL, HEAD OF SCHOOL, $70,000 AND TO PATRICIA MERZ, ASSISTANT HEAD OF SCHOOL, $15,000. SCHEDULE J, PART II, COLUMN (B): FOR CLARIFICATION, THE SCHEDULE J COLUMN B AMOUNTS REFLECT W-2 WAGES FOR THE 2013 CALENDAR YEAR. SCHEDULE J, PART II, COLUMN (D): INCLUDED IN NONTAXABLE BENEFITS ARE: HEALTH INSURANCE PREMIUMS AND TUITION REMISSION. A CA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK 630304653 13033W6R9 2010-12-20 20822650 TO REFINANCE THE BONDS ISSUED IN 2008. 0 1 0 A 20822650 19500000 374870 947780 2009 0 1 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 X 3 14067 FAIR MARKET VALUE X 3D COPIER 1 16995 FAIR MARKET VALUE X TENNIS BALL M 1 7973 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: ALL STOCK GIFTS DONATED TO THE SCHOOL ARE SENT DIRECTLY TO THE SCHOOL'S BROKER WITH INSTRUCTIONS TO SELL IMMEDIATELY FOR THE SCHOOL'S ACCOUNT WITH ONE EXCEPTION APPROVED BY THE INVESTMENT COMMITTEE. FORM 990, PART VI, SECTION A, LINE 2 BOARD OF TRUSTEES: CHARLES RUCK AND HIS LAW FIRM REGULARLY REPRESENT PROMINENT BUSINESSES AND HAVE WORKED WITH ENTITIES RELATED TO OTHER BOARD MEMBERS VICKI BOOTH, MARK DANNER, DAVID DULL, AND DOUG HODGE. RANDY HEYLER'S FATHER WAS A BUSINESS PARTNER OF CHARLES RUCK. DAVID DULL IS A CLIENT OF THE LAW FIRM THAT EMPLOYS ANDRA ELLINGSON. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED AND RESTATED PRIMARILY TO REFLECT CHANGES IN GOVERNANCE AND MANAGEMENT STRUCTURE. FORM 990, PART VI, SECTION A, LINE 8B CHARTERS FOR ALL BUT ONE BOARD COMMITTEE HAVE BEEN UPDATED AND APPROVED BY THE BOARD. THE SCHOOL IS IMPLEMENTING A PLAN TO ENSURE THAT MINUTES OF ALL BOARD COMMITTEE MEETINGS ARE DOCUMENTED AND MAINTAINED. FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING, A DRAFT OF THE 990, WITHOUT SCHEDULE B, IS REVIEWED WITH THE MEMBERS OF THE AUDIT COMMITTEE, THE CHAIR OF THE FINANCE COMMITTEE AND THE CHAIR OF THE BOARD OF TRUSTEES. A DRAFT OF THE FORM 990, WITHOUT SCHEDULE B, IS ALSO CIRCULATED TO ALL TRUSTEES FOR THEIR REVIEW PRIOR TO FILING. IN ADDITION, AND ALSO PRIOR TO FILING, THE CHAIR AND VICE CHAIR OF THE BOARD IS GIVEN A COMPLETE COPY OF THE FORM 990 TO REVIEW, INCLUDING SCHEDULE B. FORM 990, PART VI, LINE 12B & 12C ON AN ANNUAL BASIS, EACH BOARD MEMBER SIGNS THE CONFLICT OF INTEREST POLICY AGREEING THAT THEY HAVE RECEIVED AND UNDERSTAND THE POLICY. THEY ALSO SIGN THE SUPPLEMENT TO THE CONFLICT OF INTEREST POLICY THAT ADDRESSES AND DISCLOSES ISSUES OF RELATED PARTY TRANSACTIONS. THIS IS NORMALLY DOCUMENTED AT THE FIRST BOARD MEETING OF THE YEAR. OUR CONFLICT OF INTEREST POLICY IS BEING REVISED TO INCLUDE KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 12C SEE ABOVE. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL HAS A COMPENSATION COMMITTEE MADE UP OF TRUSTEES. THE COMMITTEE MEETS AT LEAST ANNUALLY TO DISCUSS AND APPROVE THE COMPENSATION PACKAGES OF THE PRESIDENT, HEAD OF SCHOOL AND ANY OTHER SCHOOL OFFICERS WHOSE COMPENSATION MUST ALSO BE REPORTED IN SCHEDULE J. COMPARABILITY DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOL'S DATABASE IS CIRCULATED TO THE COMMITTEE PRIOR TO THE REVIEW MEETING AND IS DISCUSSED AT THE MEETING. COMPARATIVE DATA GROUPS INCLUDE SIMILAR TYPE SCHOOLS (I.E., INDEPENDENT, NON-PROFIT, COED, DAY ONLY) AND SCHOOLS WITH SIMILAR NUMBERS OF STUDENTS AND OPERATING EXPENSES. MINUTES OF THE MEETING ARE KEPT IN THE BUSINESS OFFICE. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, LINE 12A SEE STATEMENT ABOVE UNDER FORM 990, PART VI, SECTION B, LINE 12C STATEMENT. FORM 990, PART XI, LINE 9: BAD DEBT- LOSS ON CONTRIBUTIONS RECEIVABLE -65,153. FORM 990, PART XII, LINE 2C THE SCHOOL HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND TAX RETURNS. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.