2015-02-12T17:26:26-06:00 2014-06-30 GRANT THORNTON LLP 515 S FLOWER STREET 7TH FLOOR LOS ANGELES CA 90071 990 2013-07-01 951875978 La Jolla Country Day School % DAVID SIGAL LAJO 8584533440 9490 Genesee Avenue Suite La Jolla CA 92037 Dave Sigal Chief Financial Officer 8584533440 2015-02-11 true ROSEMARIE BROWN P01278077 8584533440 2013 2016-03-07 17:11:31Z Dr Judith Fox 9490 Genesee Avenue La Jolla CA 92037 53880257 false X www.ljcds.org X 1926 CA To prepare individuals for a lifetime of intellectual exploration and personal growth. 25 24 384 310 0 1530997 1431534 32040828 33244047 -39028 838531 58771 120033 33591568 35634145 3864890 4226305 0 0 19242852 20628338 16926 77810 895579 9997024 10155862 33121692 35088315 469876 545830 98249845 102442645 63520312 64519674 34729533 37922971 La Jolla Country Day School prepares individuals for a lifetime of intellectual exploration, personal growth and social responsibility. false false 29571935 4226305 33385838 La Jolla Country Day School prepares individuals for a lifetime of intellectual exploration, personal growth and social responsibility. The school has capacity for 1,200 students from nursery through 12th grade. 29571935 true true false false false false false false false true true false false false true true true false true false false false false true 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 117 0 true 384 true false false false false false true true false false false false X 25 24 true false false false false false false true true false false false true true true true true true true false CA X DAVID SIGAL 8584533440 9409 REGENTS ROAD La Jolla CA 92037 X 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 1.0 0.0 X X 0 0 0 Kevin Wechter 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 Jeff Church Trustee 1.0 0.0 X 0 0 0 John Collins Trustee - CYPT 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 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 Lisa Lacorte Trustee 1.0 0.0 X 0 0 29660 Sherry Mesman Trustee 1.0 0.0 X 0 0 0 Pamela Payton Trustee 1.0 0.0 X 0 0 0 Chris Richey Trustee 1.0 0.0 X 0 0 0 Jim Kelly Trustee 1.0 0.0 X 0 0 0 Barry Rosenbaum Trustee 1.0 X 0 0 0 Michael Rosenberg 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 Maressa Ciccone 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 Christopher Schuck Head of School 40.0 0.0 X 459613 0 28608 Bruce Nelson Chief Financial Officer 40.0 0.0 X 214971 0 28296 Mark Marcus Asst Head of School Ops 40.0 0.0 X 218010 0 23540 Sarah Bakhiet Asst Head of School Academics 40.0 0.0 X 156997 0 20992 Marna Weiss-Padowitz Lower School Director 40.0 0.0 X 144215 0 20574 Deborah Brenner Development Director 40.0 0.0 X 122744 0 17363 Robert Derby Director of Technology 40.0 0.0 X 122343 0 17257 Jeff Hutzler Athletic Director 40.0 0.0 X 121320 0 18198 1560213 0 204488 17 false true false Dempsey Construction 5937 Darwin Ct Suite 103 CARLSBAD CA 92008 General Contractor 750660 City Wide Maintenance of San Diego 4849 Ronson Court 104 SAN DIEGO CA 92111 Janitorial 273970 Safdie Rabines Architects 925 Fort Stockton Drive SAN DIEGO CA 92103 Architecture 233693 Sheppard Mullin Richter Hampton L 333 South Hope Street LOS ANGELES CA 90071 Legal 173839 Brickman Group LTD LLC 3630 Solutions Center CHICAGO IL 60677 Landscaping 115256 6 306525 1125009 26251 1431534 TUITION REVENUE 611600 31470140 31470140 AUXILIARY SERVICE FEES 611600 1652611 1652611 APPLICATION FEES AND FORFEITURES 611600 121296 121296 33244047 465839 465839 0 0 0 0 0 18464146 12685 17849212 254927 614934 -242242 372692 372692 99055 306525 131332 -32277 -32277 0 21160 10641 10519 10519 OTHER INCOME 611600 141791 141791 141791 35634145 33385838 816773 0 4226305 4226305 0 0 1258177 385574 799193 73410 0 15144097 13180984 1562561 400552 955042 805138 122219 27685 2088817 1736661 291247 60909 1182205 968020 179305 34880 0 189823 189823 63527 63527 0 77810 77810 88904 88904 1253714 776520 466552 10642 112444 112444 1555254 1383968 109532 61754 304997 240709 55318 8970 0 602769 573543 24747 4479 3133 515 1805 813 0 32835 19817 11073 1945 1903302 1728555 150956 23791 0 2795550 2660004 114773 20773 330814 272622 50072 8120 EQUIPMENT RENT 217933 202299 13441 2193 TRAINING 281147 245917 34945 285 PRINTING/PUBLICATIONS 56370 56370 TELEPHONE 81905 64641 14855 2409 281441 100143 107139 74159 35088315 29571935 4620801 895579 1771144 3422214 19747635 19386074 2500 10000 189909 157323 0 0 0 0 0 0 10221 9411 491903 498376 74294835 20922612 53815809 53372223 20750686 23746697 776536 1137945 0 0 0 0 693502 702382 98249845 102442645 2962236 3535280 0 0 13116376 14132975 29672053 29523175 0 0 0 0 9517260 9467948 0 0 8252387 7860296 63520312 64519674 X 30623415 33424769 1480305 1866860 2625813 2631342 34729533 37922971 98249845 102442645 X 545830 2250140 397468 X X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21159025 884704 3200674 3405 25240998 14363469 5965122 883864 53430 21159025 13060297 1899235 -561610 34453 14363469 9899800 1348375 1854455 42333 13060297 6748736 2688861 522521 60318 9899800 0.83600 0.10400 0.06000 true false 9920000 9920000 58812889 18036903 40775986 4534081 2885709 1648372 1027865 1027865 53372223 0 INTEREST RATE SWAPS 7860296 7860296 X 34108517 2250140 -3917739 -1667599 35776116 -141971 -141971 35634145 30915079 141971 141971 30773108 4315207 4315207 35088315 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, 2014. There have been no material changes in unrecognized benefits as of June 30, 2014, nor are any changes anticipated in the twelve months following June 30, 2014. 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, 2014, the federal statute of limitations remains open for the 2010 through 2013 tax years. The statute of limitations for the state income tax remains open from 2009 through 2013 tax years. Other Adjustments Schedule D, Part XI, Line 2d: Custodial Fees $ (88,904) Tuition Financial Assistance $(4,226,305) Change in Value of Interest Rate Swaps $ 392,091 Change in Value of Beneficial Interest in Perpetual Trust $ 5,379 ----------- Total $(3,917,739) Other Adjustments Schedule D, Part XI, Line 4b: Cost of Goods Sold $ (10,641) Fundraising Expenses $(131,332) Rounding $ 2 ---------- Total $(141,971) Other Adjustments Schedule D, Part XII, Line 2d: Cost of Goods Sold $ 10,641 Fundraising Expenses $ 131,332 Rounding $ (2) ---------- Total $ 141,971 Other Adjustments Schedule D, Part XII, Line 4b: Custodial Fees $ 88,904 Tuition Financial Assistancae $4,226,305 Rounding $ (2) ----------- Total $4,315,207 true true true true true true true false false false false false false false false false false true Explanation of Nondiscriminatory Policy Schedule E, Part I, Line 3: Notice of nondiscriminatory policy was advertised in the San Diego Union Tribune on May 23, 2014. X X X X X true Netzel Grigsby Associates 9696 Culver Blvd 105 Culver City CA 90232 Campaign Study false 77810 -77810 77810 -77810 CA Annual Gala 405580 306525 99055 54770 8020 68542 0 405580 306525 99055 54770 8020 68542 131332 -32277 Highest Paid Fundraiser Address The address for Netzel Grigsby Associates is: 9696 Culver Blvd, #105 Culver City, CA 90232 true Student Financial Assistance 239 4226305 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 false false false false false false false false false Christopher Schuck Head of School 304962 0 50000 0 104651 0 19266 0 9342 0 488221 0 0 0 Bruce Nelson Chief Financial Officer 214011 0 0 0 960 0 16265 0 12031 0 243267 0 0 0 Mark Marcus Asst Head of School Ops 212597 0 0 0 5413 0 15945 0 7595 0 241550 0 0 0 Sarah Bakhiet Asst Head of School Academics 156037 0 0 0 960 0 11711 0 9281 0 177989 0 0 0 Marna Weiss-Padowitz Lower School Director 143255 0 0 0 960 0 10790 0 9784 0 164789 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 with a housing allowance which is reported as taxable compensation on Form W-2. Severance Arrangements Schedule J, Part I, Line 4a: The Head of School has a severance provision as part of his employment contract. The base salary may be paid for the amount of time remaining on the term of his contract up to a maximum of ten months, depending on the reason for termination. 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 25 Fair Market Value X 3 17973 Fair Market Value X 2 3289 Fair Market Value X 2 764 Fair Market Value X Furniture 1 200 Fair Market Value X Flooring 1 4000 Fair Market Value false true false Form 990, Part VI, Section A, Line 2: A school trustee (John Collins) has a business relationship with another trustee (Jeff Church). This relationship is otherwise independent of the school. Form 990, Part VI, Section B, Line 11 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 public disclosure 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. 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. 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. Form 990, Part VI, Section C, Line 19 The governing documents, conflict of interest policy and financial statements are not published. Form 990, Part VII, Section A: A trustee received non-taxable tuition financial assistance grants. The grants were made on a demonstrated needs-basis based on the School's Financial Assistance Policy. Form 990, Part XI, Line 9: The other change in net assets consists of: Change in Value of Interest Rate Swaps: $392,091 Change in Value of Beneficial Interest in Perpetual Trust $ 5,379 Rounding $ (2) --------- Total $397,468