2015-03-20T18:18:46-05:00 2014-06-30 942513310 LAUTZE & LAUTZE 303 SECOND STREET SUITE 950N SAN FRANCISCO CA 94107 990 2013-07-01 941518656 THE HEAD ROYCE SCHOOL HEAD 5105311300 4315 LINCOLN AVENUE OAKLAND CA 94602 DENNIS MALONE CHIEF FINANCIAL OFFICER 5105311300 2015-03-03 1 MATTHEW J NOONAN P00354639 4155436900 2013 2016-03-07 17:11:31Z ROBERT LAKE 4315 LINCOLN AVENUE OAKLAND CA 94602 33492920 0 X WWW.HEADROYCE.ORG X 1887 CA OPERATION OF A SCHOOL FROM GRADES KINDERGARTEN THROUGH 12TH GRADE 23 22 513 420 0 0 1552479 1549671 26613923 28117395 1537959 614841 329137 429793 30033498 30711700 3854590 4196778 0 0 16052177 16834555 0 0 755211 9095811 9722962 29002578 30754295 1030920 -42595 98555211 101190383 43243005 43934903 55312206 57255480 THE MISSION OF HEAD-ROYCE SCHOOL IS TO INSPIRE IN OUR STUDENTS A LIFELONG LOVE OF LEARNING & PURSUIT OF ACADEMIC EXCELLENCE, TO PROMOTE UNDERSTANDING OF & RESPECT FOR THE DIVERSITY THAT MAKES OUR SOCIETY STRONG, & TO ENCOURAGE CONSTRUCTIVE & RESPONSIBLE, GLOBAL CITIZENSHIP. 0 0 24057144 4196778 28490264 INDEPENDENT, CO-EDUCATIONAL COLLEGE PREPARATORY DAY SCHOOL WITH CLASSES FROM KINDERGARTEN THROUGH TWELFTH GRADE FOR APPROXIMATELY 844 STUDENTS. THIS INCLUDES SUMMER ENRICHMENT, HEADS UP, AND AFTER SCHOOL CHILD CARE PROGRAMS. 24057144 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 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 74 0 1 513 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X DENNIS MALONE FINANCIAL CHIEF OFFICER 5105311300 THE HEAD ROYCE SCHOOL 4315 LINCOLN OAKLAND CA 94602 BETSY CRABTREE BOARD CHAIR 1.00 X X 0 0 0 LAURA BAXTER-SIMONS CO-VICE CHAIR 1.00 X X 0 0 0 WILLIAM NEWELL CO-VICE CHAIR 1.00 X X 0 0 0 RICK ARNEY TREASURER 1.00 X X 0 0 0 TIM RIPSTEEN SECRETARY 1.00 X X 0 0 0 COURTNEY READ CARROLL TRUSTEE 1.00 X 0 0 0 JIM CAVALIERI TRUSTEE 1.00 X 0 0 0 JESSICA DODSON TRUSTEE 1.00 X 0 0 0 MARC FURSTEIN TRUSTEE 1.00 X 0 0 0 LISA BENTON HARDY TRUSTEE 1.00 X 0 0 0 RACHELLE HEBRARD TRUSTEE 1.00 X 0 0 0 DAN KAMMEN TRUSTEE 1.00 X 0 0 0 MICHAEL O'SULLIVAN TRUSTEE 1.00 X 0 0 0 TEJAL PATEL ALUMNI COUNCIL PRESIDENT 1.00 X 0 0 0 SUSAN SHERRERD TRUSTEE 1.00 X 0 0 0 TERRY TAO TRUSTEE 1.00 X 0 0 0 SCOTT VERGES TRUSTEE 1.00 X 0 0 0 FRANK WILLIAMS TRUSTEE 1.00 X 0 0 0 JOHN WOOLARD TRUSTEE 1.00 X 0 0 0 FRANK YEARY TRUSTEE 1.00 X 0 0 0 EDIE ZUSMAN TRUSTEE 1.00 X 0 0 0 ERICA BACHMAN PERENT ASSOCIATION PRESIDENT 1.00 X 0 0 0 ROBERT LAKE HEAD OF SCHOOL 40.00 X X 315066 0 34662 DENNIS MALONE CHIEF FINANCIAL OFFICER 40.00 X 229047 0 23069 CYRSTAL LAND ASSISTANT HEAD 40.00 X 167960 0 39405 CARL THIERMANN UPPER SCHOOL HEAD 40.00 X 163957 0 28774 RAYMOND LOUIE DIRECTOR OF EDUCATION TECHNOLOGY 40.00 X 148216 0 29629 LINDA HOOPES MIDDLE SCHOOL HEAD 40.00 X 133332 0 19483 CATHY EPSTEIN DIRECTOR OF ADMISSIONS & F 40.00 X 138285 0 32053 ANNA HEIDINGER ASSISTANT HEAD OF ADVANCEM 40.00 X 156497 0 11702 ELIZABETH OWEN DIRECTOR OF COMMUNICATIONS & MARKETING 40.00 X 169724 0 26261 1622084 0 245038 22 0 1 0 SODEXO INC & ASSOCIATES DEPT 43283 LOS ANGELES CA 90088 MAINTENANCE & JANITORIAL 1205845 EPICUREAN GROUP 111 MAIN STREET SUITE 3 LOS ALTOS CA 94022 FOOD SERVICES 867219 MICHAEL'S TRANSPORTATION 2029 BENNINGTON DRIVE VALLEJO CA 94591 STUDENT BUS SERVICE 524597 ANLEU CONSTRUCTION INC 4504 THOMPSON STREET OAKLAND CA 94601 CONSTRUCTION SERVICES 233301 SOLSTICE PRESS 113 FILBERT STREET OAKLAND CA 94607 PRINTING & STATIONERY 134859 5 1549671 56313 1549671 TUITION & FEES 611600 25668320 25668320 SUMMER & AFTER SCHOOL PROGRAMS 611600 1822218 1822218 FOOD PROGRAM 611600 626857 626857 28117395 430355 430355 65175 0 65175 65175 65175 2916980 8251 2740745 0 176235 8251 184486 8251 176235 92353 40475 51878 51878 MISCELLANEOUS INCOME 611600 312740 312740 312740 30711700 28490264 0 671765 4196778 4196778 1069314 195578 873736 12642488 9757459 2451178 433851 785194 614713 147470 23011 1284106 1241461 32939 9706 1053453 771932 246394 35127 60637 60637 78143 78143 27935 27935 1722346 1515598 142051 64697 56518 9886 46632 310957 52971 194701 63285 336015 197142 138873 444089 413260 30829 563084 532585 30499 80652 17467 61293 1892 987032 740274 246758 1576011 1171400 404611 480094 354194 121103 4797 FOOD PROGRAM 671643 671643 OUTSIDE ACTIVITIES 643823 643823 GENERAL CLASSROOM 585479 523482 61997 PROFESSIONAL DEVELOPMEN 133908 133908 964596 301590 544161 118845 30754295 24057144 5941940 755211 1250 1250 22045926 23259543 13505 6500 204596 191424 30752 40271 712271 764194 73784045 17469340 56929741 56314705 14541389 16344647 3668903 3875115 406878 392734 98555211 101190383 2365076 2608754 12842222 13768191 28035707 27557958 43243005 43934903 X 38782216 38895919 318309 300032 16211681 18059529 55312206 57255480 98555211 101190383 -42595 1985869 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16299782 74140 2430703 660479 18144146 15930350 28799 1018108 677475 16299782 16250386 40048 293851 653935 15930350 14118365 261353 2446848 576180 16250386 12636490 1058753 1442820 1019698 14118365 0.01000 0.99000 0.00000 0 0 9644269 9644269 58965496 14195089 44770407 4164576 3068563 1096013 1009704 205688 804016 56314705 X 27717706 1985869 1985869 25731837 4979863 4979863 30711700 25774432 0 25774432 4979863 4979863 30754295 PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS IS FOR SCHOLARSHIPS, FELLOWSHIP, COMPENSATION, HEADS UP, AND OTHER VARIOUS PROGRAMS. PART X, LINE 2: THE SCHOOL HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN, OR EXPECTED TO BE TAKEN, IN A TAX RETURN AND REQUIRES THE AFFIRMATIVE EVALUATION THAT IS MORE-LIKELY-THAN-NOT, BASED ON THE TECHNICAL MERITS OF A TAX POSITION, THAT AN ENTERPRISE IS ENTITLED TO ECONOMIC BENEFITS RESULTING FROM TAX POSITIONS TAKEN IN INCOME TAX RETURNS. FOR TAX EXEMPT ENTITIES, FAVORABLE TAX STATUS ITSELF IS DEEMED TO BE AN UNCERTAINTY, AS EVENTS COULD POTENTIALLY OCCUR TO JEOPARDIZE THEIR TAX-EXEMPT STATUS. IF A TAX POSITION DOES NOT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THIS STANDARD ALSO REQUIRES ORGANIZATIONS TO DISCLOSE ADDITIONAL QUANTITATIVE AND QUALITATIVE INFORMATION IN THEIR FINANCIAL STATEMENTS ABOUT UNCERTAIN TAX POSITIONS. THE SCHOOL'S EVALUATION ON JUNE 30, 2014 REVEALED NO TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE 2010 THROUGH 2013 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. IN ADDITION, THE TAX YEARS 2009 THROUGH 2013 REMAIN SUBJECT TO EXAMINATION BY THE CALIFORNIA FRANCHISE TAX BOARD. THE SCHOOL DOES NOT BELIEVE THAT ANY REASONABLY POSSIBLE CHANGES WILL OCCUR WITHIN THE NEXT TWELVE MONTHS THAT WILL HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FOOD PROGRAM EXPENSES 671,643. SCHOLARSHIPS, FINANCIAL AID AND TUITION REMISSION 4,196,778. INVESTMENT FEES 27,935. PARENT ASSOCIATION EXPENSES 75,256. GAIN ON SALE OF ASSET 8,251. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS, FINANCIAL AID AND TUITION REMISSION 4,196,778. FOOD PROGRAM EXPENSES 671,643. INVESTMENT FEES 27,935. GAIN ON SALE OF ASSET 8,251. PARENT ASSOCIATION EXPENSES 75,256. 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 ADVERTISED ITS NON-DISCRIMINATION POLICY IN THE LEGAL NOTICES SECTION OF THE SAN FRANCISCO CHRONICLE ON MAY 23, 2014. 1 FINANCIAL ASSISTANCE 196 3467800 FMV TUITION TUITION REMISSION 164 620793 FMV TUITION SUPPLEMENTARY ASSISTANCE 127 102764 FMV TUITION FINANCIAL AID ENHANCEMENTS 6 5421 FMV TUITION PART I, LINE 2: FINANCIAL ASSISTANCE, AID AND TUITION REMISSION IS USED FOR INTERNAL SCHOOL TUITION COSTS. X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 ROBERT LAKE HEAD OF SCHOOL 315066 0 0 0 0 0 6312 0 28350 0 349728 0 0 0 DENNIS MALONE CHIEF FINANCIAL OFFICER 229047 0 0 0 0 0 12000 0 11069 0 252116 0 0 0 CYRSTAL LAND ASSISTANT HEAD 167960 0 0 0 0 0 23000 0 16405 0 207365 0 0 0 CARL THIERMANN UPPER SCHOOL HEAD 163957 0 0 0 0 0 12000 0 16774 0 192731 0 0 0 RAYMOND LOUIE DIRECTOR OF EDUCATION TECHNOLOGY 148216 0 0 0 0 0 21500 0 8129 0 177845 0 0 0 LINDA HOOPES MIDDLE SCHOOL HEAD 133332 0 0 0 0 0 3446 0 16037 0 152815 0 0 0 CATHY EPSTEIN DIRECTOR OF ADMISSIONS & F 138285 0 0 0 0 0 22000 0 10053 0 170338 0 0 0 ANNA HEIDINGER ASSISTANT HEAD OF ADVANCEM 156497 0 0 0 0 0 3885 0 7817 0 168199 0 0 0 ELIZABETH OWEN DIRECTOR OF COMMUNICATIONS & MARKETI 169724 0 0 0 0 0 17000 0 9261 0 195985 0 0 0 PART I, LINE 1A THE SCHOOL OWNS A HOME FOR THE PURPOSE OF PROVIDING HOUSING FOR THE HEAD OF SCHOOL AND HIS FAMILY. HE IS REQUIRED TO USE THIS HOUSE FOR ENTERTAINING BOARD MEMBERS, EMPLOYEES, ALUMNI, AND DONORS OF THE SCHOOL. IN ADDITION, THE HEAD OF SCHOOL IS PROVIDED AN ANNUAL STIPEND FOR USE IN HIS SOLE DISCRETION. A CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 680164610 2012-01-12 15124000 SEE BELOW 0 0 0 B CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 680164610 2013-01-31 10447500 SEE BELOW 0 0 0 A 667435 15124000 11800000 129000 3195000 2012 0 1 1 1 B 274607 10447500 1913360 123463 8410677 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 A 1 B 1 SCHEDULE K, PART I, LINE A, DESCRIPTION OF PURPOSES: TO REFUND A PRIOR ISSUE DATED 11/2/2006 WHICH WAS USED TO FINANCE THE CONSTRUCTION AND ACQUISITION OF EDUCATIONAL FACILITIES. BALANCE OF FUNDS WAS USED TO PAY OFF THE INTEREST RATE SWAP ASSOCIATED WITH THE BOND. SCHEDULE K, PART I, LINE B, DESCRIPTION OF PURPOSES: TO FINANCE THE PURCHASE AND IMPROVEMENT OF THE SOUTH CAMPUS IN ADDITION TO FINANCING OTHER CAPITAL PROJECTS AT THE NORTH CAMPUS. SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: (A): THE REBATE COMPUTATION WAS PERFORMED IN 2012 WHEN THE BOND PROCEEDS WERE SPENT. (B): NO FILING IS REQUIRED AT THIS TIME. X 15 56313 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 MEMBERS OF THE FINANCE COMMITTEE REVIEW THE FORM 990 ON BEHALF OF THE GOVERNING BOARD. HOWEVER, A COPY OF THE 990 IS ALSO MADE AVAILABLE TO ANY BOARD MEMBER AT HIS REQUEST. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBER REQUIRED TO REVIEW AND SIGN CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL IS A MEMBER OF SEVERAL INDEPENDENT SCHOOL ORGANIZATIONS WHICH GATHER AND SHARE SALARY STATISTICS. THE SCHOOL USES THIS INFORMATION FOR COMPARATIVE PURPOSES AND ALSO TAKES INTO CONSIDERATION THE LONGEVITY, EDUCATION, AND PERFORMANCE OF THE INDIVIDUAL. MEMBERS OF THE EXECUTIVE BOARD AND FINANCE COMMITTEE REVIEW TOP MANAGEMENT SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE READILY AVAILABLE IN THE HEAD OF SCHOOL'S OFFICE TO INTERESTED PARTIES. FORM 990, PART XII, LINE 2 (C) THERE IS NO CHANGE OF THE PROCESS FROM PRIOR YEARS.