2015-05-13T16:33:27-05:00 2014-06-30 941254756 HOOD & STRONG LLP 100 FIRST STREET 14TH FLOOR SAN FRANCISCO CA 94105 990 2013-07-01 941375791 MARIN COUNTRY DAY SCHOOL MARI 4159275900 5221 PARADISE DRIVE CORTE MADERA CA 94925 KATHY JONES TREASURER 4159275900 2015-05-13 1 MAGA E KISRIEV P01008919 4157810793 2013 2016-02-25 16:41:14Z LUCINDA LEE KATZ 5221 PARADISE DRIVE CORTE MADERA CA 94925 35884658 0 X WWW.MCDS.ORG X 1956 CA MCDS OFFERS A CURRICULUM WHICH INCLUDES A THOROUGH GROUNDING IN TRADITIONAL ACADEMIC DISCIPLINES. 24 20 224 250 0 0 2791957 2769143 17003492 18124723 1154029 1520002 159630 97925 21109108 22511793 2590500 2949748 0 0 13821236 13991377 3593 3937 971364 5764461 5875066 22179790 22820128 -1070682 -308335 77678109 76460684 43523470 39996826 34154639 36463858 X OUR SCHOOL IS A COMMUNITY THAT INSPIRES CHILDREN TO DEVELOP A LOVE OF LEARNING, THOUGHTFUL PERSPECTIVES AND A DIVERSITY OF SKILLS; NURTURES IN EACH OF THEM A DEEP SENSE OF RESPECT, RESPONSIBILITY, AND COMPASSION; AND CHALLENGES THEM TO WORK TOWARD A BETTER WORLD. 0 0 11596061 2496550 16044800 THE SCHOOL HAS 577 TOTAL STUDENTS WITH A FAVORABLE STUDENT-TEACHER RATIO, AVERAGING 18-1 IN REGULAR CLASSES AND 8-1 OVERALL. AN EXCEEDINGLY ABLE AND DEDICATED GROUP OF 79 TEACHERS, WHO CARE DEEPLY ABOUT CHILDREN, ARE RESPONSIVE TO THE NEEDS OF INDIVIDUAL STUDENTS AND FAMILIES. THEY VALUE THE BEST ELEMENTS OF TRADITIONAL AND INNOVATIVE EDUCATION AND SUPPORT THE DEVELOPMENT OF EVERY STUDENT'S MIND, BODY AND SPIRIT. SUPPORTED BY NEW TECHNOLOGIES, THEY ARE EAGER TO CONSIDER FRESH APPROACHES AND STRATEGIES TO MAINTAIN THE HIGHEST STANDARDS THROUGHOUT THE CURRICULUM.THE RESULTS ARE IMPRESSIVE, FOR DURING A YOUNGSTER'S NINE-YEAR STAY AT MCDS, HE OR SHE CAN EXPECT TO:** DEVELOP A LOVE OF LEARNING AND AN ENTHUSIASM FOR SCHOOL THAT BUILDS PERMANENT BONDS AND THE EAGER PURSUIT OF FUTURE SCHOOLING.** ACQUIRE SKILLS AND KNOWLEDGE AT A PERSONALLY RIGOROUS LEVEL, INCLUDING THE ORGANIZATIONAL SKILLS NECESSARY TO FACILITATE LEARNING.** EXPAND SELF-CONFIDENCE AND SELF-ESTEEM THROUGH PARTICIPATION IN A SUPPORTIVE COMMUNITY OF PEERS AND TEACHERS, WITH CONTINUOUS OPPORTUNITIES TO ACHIEVE SUCCESS.** GAIN A SENSE OF INDIVIDUAL RESPONSIBILITY THAT FOSTERS WISE CHOICES.** DEVELOP A SENSE OF GROUP RESPONSIBILITY AND EAGERNESS TO CONTRIBUTE TO A CHANGING WORLD.** BECOME INCREASINGLY CARING FOR THE NEEDS OF OTHERS, APPRECIATIVE OF INDIVIDUAL DIFFERENCES AND AWARE OF THE INTERDEPENDENCE AMONG PEOPLE.** GAIN A KNOWLEDGE AND LOVE OF MUSIC AND THE CREATIVE AND DRAMATIC ARTS.** ACQUIRE AWARENESS OF THE VALUE OF PERSONAL WELLNESS AND PHYSICAL ACTIVITY.** REALIZE A KEEN APPRECIATION FOR THE NATURAL ENVIRONMENT AND A SENSE OF PERSONAL RESPONSIBILITY TO PROTECT OCEAN, SHORE AND HILLSIDE. 936539 169150 1050278 SCHOOL BUS SERVICE WAS PROVIDED TO 375 STUDENTS THROUGHOUT THE SCHOOL YEAR. 1524000 195497 486818 THE STUDENT SUPPORT SERVICES (TUTORING) PROGRAM PROVIDES RESOURCES, STRATEGIES, AND INTERVENTIONS THAT ADDRESS INDIVIDUAL STUDENT NEEDS TO ENSURE THAT EACH STUDENT SUCCEEDS SOCIALLY, EMOTIONALLY, AND ACADEMICALLY. HELPING STUDENTS WHO NEED EXTRA SUPPORT IS THE PRIMARY PURPOSE OF THE PROGRAM. PARTICIPATION VARIES ACCORDING TO NEEDS - APPROXIMATELY 100 STUDENTS PARTICIPATE IN THE PROGRAM MONTHLY THROUGHOUT THE SCHOOL YEAR. 5112124 88551 542827 AFTER SCHOOL, SUMMER PROGRAMS, ART, PERFORMING ARTS, EDUCATION, ACADEMIC TECHNOLOGY, LIBRARY, SCIENCE. 5112124 88551 542827 19168724 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 1 127 0 1 224 1 0 0 0 0 0 1 1 0 0 0 0 X 24 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X BOB COHN 4159275924 5221 PARADISE DR CORTE MADERA CA 949252107 ADAM WILLNER CHAIR 8.00 X 0 0 0 JAY JACOBS VICE CHAIR 4.00 X 0 0 0 MOLLY DWYER VICE CHAIR 4.00 X 0 0 0 ERICA DAO VICE CHAIR 4.00 X 0 0 0 ANN ALPERS TRUSTEE 2.00 X 0 0 0 TAD BUCHANAN TRUSTEE 2.00 X 0 0 0 CECILY CAMERON TRUSTEE 2.00 X 0 0 0 STEPHANIE CHAI TRUSTEE 2.00 X 0 0 0 GAIL COVINGTON TRUSTEE 2.00 X 0 0 0 JANET CUTCLIFFE TRUSTEE 2.00 X 0 0 0 SUSAN DECKER TRUSTEE 2.00 X 0 0 0 AMY ELIOT TRUSTEE 2.00 X 0 0 0 MANOLO ESPINOSA TRUSTEE 2.00 X 0 0 0 STEPHEN GALLOWAY TRUSTEE 2.00 X 0 0 0 CHARLOTTE HAAS PRIME TRUSTEE 2.00 X 0 0 0 HOLLY HAGENS TRUSTEE 2.00 X 0 0 0 WILLIAM MILLER TRUSTEE 2.00 X 0 0 0 ANDY NAKAHATA TRUSTEE 2.00 X 0 0 0 ANDRE NEUMANN-LORECK TRUSTEE 2.00 X 0 0 0 JULIE PARISH TRUSTEE 2.00 X 0 0 0 JUMEE PARK TRUSTEE 2.00 X 0 0 0 JOHN PARSONS TRUSTEE 2.00 X 0 0 0 ERIC UPIN TRUSTEE 4.00 X 0 0 0 LISA WILLIAMS TRUSTEE 2.00 X 0 0 0 LUCINDA LEE KATZ HEAD OF SCHOOL 60.00 X 373688 0 91037 KATHY JONES TREASURER 60.00 X 203028 0 32815 SUSAN WALKER SECRETARY 60.00 X 99817 0 31289 BARBARA KRAEMER-COOK LOWER SCHOOL DIV HEAD 60.00 X 175759 0 34886 MATT LEVINSON UPPER SCHOOL DIVISION HEAD 60.00 X 172900 0 34630 MATTHEW PEARSON FACULTY 40.00 X 130648 0 6950 ANN BORDEN ADMISSIONS DIRECTOR 40.00 X 119112 0 23115 DANIEL ROGOFF FACULTY 40.00 X 114663 0 6926 1389615 0 261648 20 0 1 0 PAULA LEDUC FINE CATERING 1350 PARK AVENUE EMERYVILLE CA 94608 CATERING 122426 1 463008 2306135 283815 2769143 TUITION & FEES 611600 16044800 16044800 TRANSPORTATION 611600 1050278 1050278 STUDENT SUPPORT SERVICES 611600 486818 486818 OTHER RELATED REVENUE 611600 423583 423583 BOOK FAIR 611600 119244 119244 18124723 669086 669086 85383 8041 77342 77342 77342 13632579 430319 13211982 0 420597 430319 850916 850916 160849 463008 152842 8007 8007 OTHER INCOME 611710 12576 12576 12576 22511793 18124723 0 1617927 2949748 2949748 778053 778053 10705307 9340994 890206 474107 441999 385819 36598 19582 1247206 1075509 117109 54588 818812 671477 113254 34081 21090 21090 61383 61383 3937 3937 159996 123914 36082 572557 474319 98238 100590 27229 6600 66761 142287 138273 4014 252803 122067 62505 68231 381792 158241 124607 98944 128995 87899 40708 388 89981 78235 11746 697184 697184 1634619 1634619 114118 69559 44559 CURRICULUM/CLASSROOM SU 529244 529244 FOOD SERVICE 287006 287006 WRITE OFF OF BOND FINAN 261674 261674 BOOK FAIR EXPENSE 86318 86318 353429 193987 135111 24331 22820128 19168724 2680040 971364 1727 1000 3696406 12878292 249570 162000 3652144 3579963 417238 490609 43175256 13175580 31055802 29999676 38605222 29349144 77678109 76460684 1848968 2007486 12251591 12911962 25000000 25077378 4422911 0 43523470 39996826 X 7291284 7080513 15005443 17323741 11857912 12059604 34154639 36463858 77678109 76460684 -308335 2617554 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15271921 201692 2938674 627961 17784326 13741415 150057 1998604 618155 15271921 13774533 176785 417894 627797 13741415 10898640 884692 2604769 613568 13774533 9940073 66281 1486133 593847 10898640 0.67810 0.32190 0 0 225756 225756 37468727 9340854 28127873 5480773 3834726 1646047 29999676 X 22340482 2617554 -2949748 -332194 22672676 -160883 -160883 22511793 20031263 160883 160883 19870380 2949748 2949748 22820128 PART V, LINE 4: THE ORGANIZATION'S OBJECTIVE IS TO MAINTAIN 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 TAX EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE CALIFORNIA TAX CODE. THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH THE SCHOOL HAS ADOPTED. 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. GENERALLY, THE STATUTE OF LIMITATIONS FOR EXAMINATION BY THE TAX AUTHORITIES WOULD BE LIMITED TO YEARS 2011 AND 2010 AND SUBSEQUENT FOR U.S. FEDERAL AND CALIFORNIA PURPOSES, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION ASSISTANCE NETTED AGAINST TUITION -2,949,748. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE -8,041. SPECIAL EVENT EXPENSE -152,842. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 8,041. SPECIAL EVENT EXPENSE 152,842. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE NETTED AGAINST TUITION 2,949,748. 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 NON-DISCRIMINATORY NOTICE REQUIRED OF ALL 501(C)(3) ORGANIZATIONS WAS PUBLISHED IN THE MAY 23, 2014 SAN FRANCISCO CHRONICLE. COMMUNITY DINNER DANCE 565659 407090 158569 51875 70635 6750 22502 WALKATHON 49528 49528 800 1 8670 6390 2280 280 623857 463008 160849 51875 70635 7550 22782 152842 8007 1 TUITION ASSISTANCE 124 2949748 PART I, LINE 2: THE ONLY GRANTS GIVEN BY THE SCHOOL ARE IN THE FORM OF TUITION ASSISTANCE. SELECTION PROCESS FOR TUITION ASSISTANCE AWARDS FAMILIES WHO HAVE QUESTIONS ABOUT THEIR ABILITY TO AFFORD TUITION AT THE TOP OF THE INDEX ARE ENCOURAGED TO SUBMIT FINANCIAL INFORMATION TO SCHOOL AND STUDENT SERVICES (SSS) BY NAIS (THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS). SSS ESTIMATES A FAMILY'S ABILITY TO PAY SCHOOL COSTS BASED ON THE ANALYSIS OF THEIR INCOME, EXPENSES, AND ASSETS AND SENDS A CONFIDENTIAL REPORT OF FINANCIAL CONTRIBUTION (RFC) TO THE SCHOOL OR SCHOOLS INDICATED BY THE FAMILY. MCDS MAKES AN ADDITIONAL ADJUSTMENT TO ACCOUNT FOR THE COST OF LIVING IN THE SAN FRANCISCO BAY AREA, ASSESSES THE RFC IN THE CONTEXT OF THE SCHOOL BUDGET, AND MAKES A TUITION DETERMINATION THAT TAKES INTO ACCOUNT THE FINANCIAL CALCULATION AND OTHER CIRCUMSTANCES REPORTED BY THE FAMILY THAT WOULD IMPACT AFFORDABILITY. FAMILIES RESUBMIT FINANCIAL INFORMATION EACH YEAR AND TUITION DETERMINATIONS ARE REVIEWED ANNUALLY. ALLOCATION OF THE BUDGET IN SUPPORT OF INDEXED TUITION IS FIRST TO CURRENTLY ENROLLED FAMILIES, THEN TO SIBLINGS AND FACULTY/STAFF APPLICANTS, THEN TO OTHER APPLICANT FAMILIES. THE % OF INDEXED TUITION ESTABLISHED IN THE INDIVIDUAL FINANCIAL REVIEW IS APPLIED TO ALL PROGRAM FEES BY THE SCHOOL BUSINESS OFFICE WHICH IS MONITORED CONTINUOUSLY THROUGHOUT FINANCIAL REVIEWS. X 1 1 X X X 0 0 0 0 0 0 0 0 0 LUCINDA LEE KATZ HEAD OF SCHOOL 365026 0 8662 0 0 0 12750 0 78287 0 464725 0 0 0 KATHY JONES TREASURER 203028 0 0 0 0 0 10100 0 22715 0 235843 0 0 0 BARBARA KRAEMER-COOK LOWER SCHOOL DIV HEAD 175759 0 0 0 0 0 8788 0 26098 0 210645 0 0 0 MATT LEVINSON UPPER SCHOOL DIVISION HEAD 172900 0 0 0 0 0 8645 0 25985 0 207530 0 0 0 PART I, LINE 1A NAME: LUCINDA LEE KATZ A QUALIFIED HOUSING ALLOWANCE WAS PROVIDED TO LUCINDA LEE KATZ, HEAD OF SCHOOL, IN THE AMOUNT OF $64,715. THIS BENEFIT IS EXCLUDED FROM TAXABLE COMPENSATION UNDER IRC SECTION 119. A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 2013-12-19 25123750 REFINANCE FOR CONSTRUCTION 0 0 0 A 25000000 24953534 24953534 170216 2010 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 1 0 0 0 0 1 A 0 PART IV, LINE 2C, COLUMN A REBATE COMPUTATION WAS PERFORMED AS OF 6/30/2012. 179775 TUITION ASSISTANCE FINANCIAL AID FOR TUITION X 13 124373 FAIR MARKET VALUE X AUCTION ITEMS 1 159442 FAIR MARKET VALUE 0 0 1 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 B, LINE 11 THE SCHOOL'S ACCOUNTING FIRM FORWARDED THE FORM 990 TO THE CFO/TREASURER AND THE CONTROLLER FOR THEIR FINAL REVIEW. THE CFO/TREASURER FORWARDED THE FORM 990 TO THE HEAD OF SCHOOL, FINANCE COMMITTEE CHAIR, AND BOARD CHAIR AND REVIEWED WITH THEM PRIOR TO FILING THE FORM 990. THE HEAD OF SCHOOL, FINANCE COMMITTEE CHAIR, AND BOARD CHAIR WERE ENCOURAGED TO REVIEW THE FORM 990 AND TO ASK THE CFO/TREASURER, SHOULD THEY HAVE ANY QUESTIONS. THE FORM 990 WAS PROVIDED TO ALL BOARD MEMBERS AT A BOARD MEETING PRIOR TO THE FORM 990 FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE OR OFFICER HAS A DUTY TO PLACE THE INTERESTS OF MCDS FOREMOST IN ANY DEALINGS INVOLVING MCDS AND HAS A CONTINUED RESPONSIBILITY TO COMPLY WITH THE REQUIREMENTS OF THE CONFLICT OF INTEREST POLICY. THE POLICY IS REVIEWED ANNUALLY BY THE BOARD OF TRUSTEES. ON AN ANNUAL BASIS, EACH TRUSTEE AND OFFICER IS REQUIRED TO COMPLETE AND SIGN AN ACKNOWLEDGEMENT OF CONFLICT POLICY THAT STATES: "I ACKNOWLEDGE THAT I HAVE READ AND UNDERSTAND MCDS'S CONFLICT-OF-INTEREST POLICY AND AGREE TO BE BOUND BY IT. IF I AM, OR IF I BECOME, AWARE OF ANY RELATIONSHIP, INTEREST, OR SITUATION DURING THE PAST YEAR INVOLVING MYSELF OR A RELATED PERSON TO ME THAT WAS NOT REPORTED IN ACCORDANCE WITH THE POLICY, I AGREE TO DO SO WITHIN TEN (10) BUSINESS DAYS OF TODAY'S DATE OR UPON MY DISCOVERY OF SUCH A SITUATION AS APPLICABLE." FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL ENGAGED A CONSULTANT, EXECUTIVE COMPENSATION CONCEPTS, LTD. TO DETERMINE COMPENSATION OF ITS OFFICERS. THE PROCESS ALSO INVOLVED COMPENSATION COMMITTEE REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.