2015-05-13T16:34:29-05:00 2014-06-30 941254756 HOOD & STRONG LLP 100 FIRST STREET 14TH FLOOR SAN FRANCISCO CA 94105 990 2013-07-01 943085954 THE CAREY SCHOOL CARE 6503458205 ONE CAREY SCHOOL LANE SAN MATEO CA 944031268 DEVON GOLD PRESIDENT 6503458205 2015-04-27 1 MAGA E KISRIEV P01008919 4157810793 2013 2016-02-25 16:41:14Z DEVON GOLD ONE CAREY SCHOOL LANE SAN MATEO CA 944031268 8141840 0 X WWW.CAREYSCHOOL.ORG X 1928 CA OPERATION OF A PRIMARY CO-EDUCATIONAL SCHOOL FOR GRADES PRESCHOOL THROUGH FIFTH. 19 19 66 378 0 0 3969088 1946837 5735925 6063093 57127 15047 209750 60487 9971890 8085464 490685 438130 0 0 4522054 4849021 0 0 392932 4184615 1436779 9197354 6723930 774536 1361534 16968467 21686809 4649224 8006032 12319243 13680777 SPECIALIZING IN ELEMENTARY EDUCATION, THE CAREY SCHOOL INSPIRES CURIOUS, CONFIDENT AND JOYFUL LEARNERS AND CELEBRATES CHILDHOOD IN AN INCLUSIVE, DIVERSE COMMUNITY THAT NURTURES KINDNESS, RESPECT AND PERSONAL RESPONSIBILITY. 0 0 4711614 438130 6063093 THE PRIMARY PROGRAM IS THE EDUCATION OF STUDENTS - VIA THE CLASSROOM, THE AFTERSCHOOL ENRICHMENT PROGRAMS, AND THE AFTER SCHOOL CARE PROGRAM. CURRENTLY, 249 STUDENTS ARE ENROLLED AT THE CAREY SCHOOL. APPROXIMATELY 12% OF THE STUDENT BODY ARE SUPPORTED BY FINANCIAL ASSISTANCE WHICH MAY INCLUDE TUITION ASSISTANCE, SUPPORT FOR TUTORING AND OTHER EVALUATIONS, AND SUPPORT FOR AFTER SCHOOL CARE. 4711614 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 1 0 0 0 1 0 0 0 0 0 0 0 0 1 29 0 1 66 1 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 1 0 CA X X JANE KOLMODIN 6503458205 ONE CAREY SCHOOL LANE SAN MATEO CA 94403 BETSY BERMAN SECRETARY 4.00 X X 0 0 0 BEN COUGHLIN TRUSTEE 4.00 X 0 0 0 KRISTY COWAN TRUSTEE 4.00 X 0 0 0 BRIAN DOWD TRUSTEE 4.00 X 0 0 0 JOE EANDI TRUSTEE 4.00 X 0 0 0 MIGUEL ESPINOSA TRUSTEE 4.00 X 0 0 0 ROBBIE FANG TRUSTEE 4.00 X 0 0 0 MARY FOLSOM TRUSTEE 4.00 X 0 0 0 MASON FORD TRUSTEE 4.00 X 0 0 0 MARIA FRANTZ TRUSTEE 4.00 X 0 0 0 BOBBIE GATES TRUSTEE 4.00 X 0 0 0 DEVON GOLD PRESIDENT 4.00 X X 0 0 0 LYDIA ALEXANDER KAPOOR TRUSTEE 4.00 X 0 0 0 STEVEN LO TREASURER 4.00 X X 0 0 0 MARK MOORE VICE PRESIDENT 4.00 X X 0 0 0 ERICH ENGELMANN TRUSTEE 4.00 X 0 0 0 BILL SILVER TRUSTEE 4.00 X 0 0 0 HENRY SOHN TRUSTEE 4.00 X 0 0 0 MARKUS HUNT TRUSTEE 4.00 X 0 0 0 DUNCAN LYON HEAD OF SCHOOL 60.00 X 201027 0 10051 JANE KOLMODIN CHIEF FINANCIAL OFFICER 60.00 X 172339 0 8617 LISA FOWLER DIRECTOR OF ADVANCEMENT 50.00 X 113940 0 5697 CAMERON MOREDOCK DIRECTOR OF IT 60.00 X 110210 0 5511 597516 0 29876 4 0 1 0 STRAWN CONSTRUCTION 1140 PEDRO STREET SUITE 1 SAN JOSE CA 95126 CONSTRUCTION 5675994 EPICUREAN GROUP 111 MAIN STREET SUITE 3 LOS ALTOS CA 94022 LUNCH PROGRAM 212451 HKIT ARCHITECTS 538 9TH STREET SUITE 240 OAKLAND CA 94607 ARCHITECT DESIGN 147983 3 179441 1767396 1123688 1946837 TUITION 611600 5705258 5705258 EXTENDED CARE PROGRAM 611600 173808 173808 LUNCH INCOME 611710 117312 117312 SUMMER CAMP INCOME 611710 66550 66550 MISC PROGRAM REVENUE 611710 165 165 6063093 15047 15047 116863 179441 56376 60487 60487 8085464 6063093 0 75534 438130 438130 625364 215050 289715 120599 3115592 2116844 894890 103858 160660 118888 32132 9640 658251 487106 131650 39495 289154 213974 57831 17349 7225 7225 24275 24275 30910 26077 3965 868 100060 31101 68959 141097 122422 13646 5029 12893 11959 754 180 302194 284453 16230 1511 343921 324716 17232 1973 26081 23592 2370 119 LUNCH PROGRAM 193645 169376 24269 BOARD EXPENSE 29141 29141 EQUIP RENTAL & MAINT. 22471 21152 1207 112 CAPITAL CAMPAIGN EXP 11894 11894 190972 106774 72852 11346 6723930 4711614 1619384 392932 500 500 7595325 6378144 2297376 1800379 92170 39447 44303 58129 16443835 3205092 6938793 13238743 0 171467 16968467 21686809 914777 1331151 3677677 3674881 0 3000000 56770 0 4649224 8006032 X 9199788 8537330 2577114 4551490 542341 591957 12319243 13680777 16968467 21686809 1361534 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1354911 49616 5484 1410011 1303238 47988 3685 1354911 1251078 45186 6974 1303238 697048 547858 6172 1251078 556034 132746 8268 697048 0.57960 0.41980 0.00060 0 0 1377534 1377534 6420003 2543759 3876244 769749 538715 231034 7876549 122618 7753931 13238743 X 7647334 0 7647334 438130 438130 8085464 6285800 0 6285800 438130 438130 6723930 PART X, LINE 2: THE SCHOOL IS A TAX EXEMPT ORGANIZATION UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE CALIFORNIA TAX CODE. THE SCHOOL'S CURRENT ACCOUNTING POLICY IS TO EVALUATE UNCERTAIN TAX POSITIONS. ACCORDINGLY, A LOSS CONTINGENCY IS RECOGNIZED WHEN IT IS PROBABLE THAT A LIABILITY HAS BEEN INCURRED AS OF THE DATE OF THE FINANCIAL STATEMENTS AND THE AMOUNT OF THE LOSS CAN BE REASONABLY ESTIMATED. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD MAINTAINED ITS TAX EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL AND STATE TAX AUTHORITIES FOR TAX YEARS BEFORE 2010 AND 2009, RESPECTIVELY. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE NETTED AGAINST REVENUE 438,130. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE NETTED AGAINST REVENUE 438,130. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 AS PART OF THE CAL-ISBOA MEMBERSHIP, OUR NONDISCRIMINATORY POLICY IS PUBLISHED ALONG WITH MOST ALL OTHER MEMBER SCHOOLS IN LOCAL AND REGIONALLY PUBLICATIONS AS IS BEST SUITED. CSPA AUCTION 226923 113462 113461 5500 28526 6085 3046 WALKFEST 62486 62486 4359 2495 6365 1 6895 3493 3402 296304 179441 116863 5500 32885 8580 9411 56376 60487 1 TUITION ASSISTANCE 37 438130 PART I, LINE 2: THE CAREY SCHOOL HAS A NEED BASED TUITION ASSISTANCE PROGRAM. IT IS DETERMINED BY REVIEW OF THE TAX RETURNS AND DETAILED FINANCIAL INFORMATION OF INCOME AND NET WORTH OF THE GRANTEES ON A YEARLY BASIS. X X 0 0 0 0 0 0 0 0 0 DUNCAN LYON HEAD OF SCHOOL 201027 0 0 0 0 0 10051 0 0 0 211078 0 0 0 JANE KOLMODIN CHIEF FINANCIAL OFFICER 172339 0 0 0 0 0 8617 0 0 0 180956 0 0 0 A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2013-06-19 3000000 CONSTRUCTION 0 0 0 A 3000000 60000 3000000 2014 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 A 0 0 0 0 0 0 0 0 0 45600 SCHOLARSHIPS TUITION X 26 1123688 FAIR MARKET VALUE 0 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS REFLECTS THE NUMBER OF DONORS, NOT THE NUMBER OF ITEMS DONATED. FORM 990, PART VI, SECTION A, LINE 8B NO FORMAL MINUTES OF COMMITTEE MEETINGS ARE KEPT NOR IS THERE WRITTEN DOCUMENTATION KEPT OF ACTIONS TAKEN. COMMITTEES REPORT OUT AT FULL BOARD MEETINGS AND MINUTES ARE KEPT OF ALL THAT TRANSPIRES DURING THE FULL BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CFO, THE HEAD OF SCHOOL, THE CHAIR OF THE FINANCE COMMITTEE, AND THE PRESIDENT OF THE BOARD, WHO ULTIMATELY SIGNS THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE SECRETARY OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR DISTRIBUTING, COLLECTING AND REVIEWING SIGNED STATEMENTS FROM ALL BOARD MEMBERS. COPIES OF SIGNED STATEMENTS ARE RETAINED IN THE BUSINESS OFFICE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE HEAD OF SCHOOL IS REVIEWED AND SET BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. EACH YEAR, RELEVANT COMPARABLE DATA IS SECURED AND REVIEWED BY THE EXECUTIVE COMMITTEE PRIOR TO SETTING THE HEAD OF SCHOOL'S SALARY. THIS YEAR, A COMPENSATION SPECIALIST HAS BEEN RETAINED TO REVIEW THE ENTIRE COMPENSATION PACKAGE. EACH YEAR AS PART OF THE BUDGET SETTING AND REVIEW PROCESS, COMPENSATION DATA FROM CAREY'S LOCAL COMPETITOR SCHOOL VIA THE CAL-ISBOA SURVEY IS REVIEWED AND ANALYZED AS THE BASIS FOR SETTING COMPENSATION FOR FACULTY/STAFF. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D).