2015-05-12T10:21:13-07:00 2014-06-30 990 2013-07-01 951642398 The Thacher School Inc THAC 8056403237 5025 Thacher Road Ojai CA 93023 James Poulsen Asst. Treasurer 2015-05-12 2013 2016-04-25 22:37:26Z Michael Mulligan 42400827 false false X www.thacher.org X 1924 CA The Thacher School is a coeducational boarding high school (grades 9-12) serving academically talented students who will benefit from a rigorous college preparatory experience. Honor, fairness, kindness and truth are the cornerstones of school life. 28 28 222 28 0 6375764 15216642 12010838 12541772 2315366 6036611 631202 187299 21333170 33982324 2231656 2345969 0 9072203 9583994 50176 0 1623707 10444444 11776762 21798479 23706725 -465309 10275599 191425478 213716129 38402514 38192441 153022964 175523688 The Thacher School is a coeducational boarding high school (grades 9-12) serving academically talented students who will benefit from a rigorous college preparatory experience. Honor, fairness, kindness and truth are the cornerstones of school life. false false 18112031 12440364 Regular Education Program: The philosophy of The Thacher School is rooted in the wisdom and work of its founder, Sherman Day Thacher, who embraced the extraordinary natural venue of his school and sought above all else to train his students in the art of living for their own greatest good and for the good of their fellow citizens. He believed the most worthwhile education combined a vigorous academic life with rugged outdoor activities that engendered self-reliance, concern for others, and fidelity to four principles: honor, fairness, kindness, and truth. 134113 101408 Sierra Wilderness Program: Golden Trout Camp offers an educational experience for alumni and friends of The Thacher School. GTC is a throwback to an earlier time in the Sierra when hunting and fishing camps were common in the high country. Located at 10,200 feet, just south of one of the highest peaks in California, the camp offers access to one of the world's wildest ecosystems. 18246144 true true false false false false false false false true true true false true false true true false true false true false false false true false false false true true true false false false false false false false false true false true false false false false false false false false false true 135 0 true 222 true true false false false false true true false 0 false false false false false false false false false false X 28 28 true false false false false false false true true false false true true true true true true true true false X The Thacher School Inc 8056403237 5025 Thacher Road Ojai CA 93023 X Shakman Andrew R Board Chair 10.00 0.00 X X 0 0 0 Jane Richardson Board VP 5.00 0.00 X X 0 0 0 Louise Patterson Secretary 5.00 0.00 X X 0 0 0 Robert Nutting Board Treasurer 5.00 0.00 X X 0 0 0 Erin Archer Trustee 5.00 0.00 X X 0 0 0 Brendan Bechtel Trustee 2.00 0.00 X 0 0 0 Bryan Beckham Trustee 2.00 0.00 X 0 0 0 Brown Cabot Trustee 2.00 0.00 X 0 0 0 Christine Carter Trustee 2.00 0.00 X 0 0 0 Cindy Castaneda Trustee 2.00 0.00 X 0 0 0 David Chao Trustee 2.00 0.00 X 0 0 0 Stacey Cowles Trustee 2.00 0.00 X 0 0 0 Jennifer Crittenden Trustee 2.00 0.00 X 0 0 0 John Gates Trustee 2.00 0.00 X 0 0 0 A Sasha Gifford Trustee 2.00 0.00 X 0 0 0 Henrique Guerra Trustee 2.00 0.00 X 0 0 0 Douglas Hodge Trustee 2.00 0.00 X 0 0 0 Mark Holman Trustee 2.00 0.00 X 0 0 0 Robert Johnson Trustee 2.00 0.00 X 0 0 0 Lisa Kirkland Trustee 2.00 0.00 X 0 0 0 Thomas McCloskey Trustee 2.00 0.00 X 0 0 0 Phil Pillsbury Trustee 2.00 0.00 X 0 0 0 Dudley Rauch Trustee 2.00 0.00 X 0 0 0 Dana Rauner Trustee 2.00 0.00 X 0 0 0 Sarah Lavendar Smith Trustee 2.00 0.00 X 0 0 0 Ted Williams Trustee 2.00 0.00 X 0 0 0 Dan Yih Parent Chair 2.00 0.00 X 0 0 0 Nancy Yih Parent Chair 2.00 0.00 X 0 0 0 Mulligan Michael Head of School 70.00 0.00 X 380200 0 132123 James Poulsen Asst. Treasurer 40.00 0.00 X 75276 0 18289 Brandon Doyle Director of Development 40.00 0.00 X 152367 0 57589 Bill McMahon Dir of Admissions 40.00 0.00 X 134446 0 96097 Peter Robinson Dir of Studies 40.00 0.00 X 125675 0 45892 Chuck Evans Dir Facilities 40.00 0.00 X 110613 0 10658 Karleanne Rogers Dir of Major Gifts 40.00 0.00 X 103585 0 90920 Connie Hanstedt Director of Finance & Operations 40.00 0.00 X 156959 0 47194 1239121 498762 7 true true false Matt Construction 3396 Willow Lane Thousand Oaks CA 91361 Contractor-General 4456268 Bon Appetit 1000 West Temple Street Los Angeles CA 90074 Food Service 1538352 Kelly Cleaning Supplies 1445 Donlon St 4 Ventura CA 93003 Janitorial services 295847 Monticello Associates 1800 Larimar Street Ste 2100 Denver CO 80202 Investment Advisor 125000 Marts & Lundy Inc 1200 Wall Street 5th Floor Lyndhurst NJ 07071 Campaign Consultants 119590 5 287400 14929242 341079 15216642 Sierra wilderness program 611600 101408 101408 Student services & summer 611710 187972 187972 Tuition & fees 611600 12252392 12252392 12541772 446450 446450 0 0 0 13772145 8181984 5590161 5590161 5590161 46009 287400 46009 0 0 195505 190510 4995 4995 Misc. income 611710 182304 182304 182304 33982324 12541772 6223910 0 2345969 2345969 0 0 747892 192450 304880 250562 0 6443860 4233461 1622178 588221 544136 328896 155593 59647 1343853 1030703 250127 63023 504253 305623 146390 52240 0 45859 45859 28843 28843 0 0 602891 602891 442268 53815 267811 120642 247020 71284 74455 101281 891198 549974 168359 172865 300989 294055 4496 2438 0 1815694 1763876 33765 18053 454101 327956 27652 98493 0 54296 3990 50306 1632064 1593150 25705 13209 0 2228006 2176216 33747 18043 479182 434011 33634 11537 Food Service 1577341 1576730 611 Horse & Outdoor Program 591903 591903 Other Operating Expenses 385107 376072 5888 3147 0 23706725 18246144 3836874 1623707 2317863 2401006 5527877 4891631 4276471 8989260 117715 225271 0 0 0 84133 83021 439792 565697 74529490 21582723 51991508 52946767 10429951 12869948 95936282 108782560 0 496711 477968 19807175 21483000 191425478 213716129 1358631 1577449 1528883 1819992 35515000 34795000 38402514 38192441 X 86140610 97042024 14248717 22214520 52633637 56267144 153022964 175523688 191425478 213716129 10275599 12225125 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 125647301 2028824 17453993 5876000 139254118 117090437 1202454 12528410 5174000 125647301 115644621 6919361 -783545 4690000 117090437 95937821 5815143 18241657 4350000 115644621 90705447 9382374 4150000 95937821 0.51000 0.47000 0.02000 true false false 1297102 1297102 63219566 17578733 45640833 8052254 2913840 5138414 1171433 702375 469058 789135 387775 401360 52946767 108782560 21483000 X 43468987 12225125 190510 12415635 31053352 606228 2322744 2928972 33982324 20968263 190510 190510 20777753 606228 2322744 2928972 23706725 Part V, Line 4: Intended uses of the endowment fund. Endowment funds are intended to further the educational mission of the school by providing for financial aid and support of faculty and facilities. Part X : FIN48 Footnote Since the School is exempt from Federal and State income tax liability, no provision is made for current or deferred income taxes. The School uses the same accounting methods for tax and financial reporting.The accounting principles generally accepted in the United States of America provides accounting and disclosure guidance about positions taken by an organization in its exempt tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by the School in its Federal and State exempt organization tax returns are more likely than not to be sustained upon examination. The School is subject to examinations by the U.S. Federal and State tax authorities from 2010 to present, generally for three years after they are filed. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Student Store Cost of Goods Sold $190510 Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S Reclass financial aid and grants $2322744 Student Store Cost of Goods Sold $0 Part XII, Line 2d: Other expenses and losses per audited F/S Student Store Cost of Goods Sold $190510 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S RECLASS FINANCIAL AID AND GRANTS $2322744 true true true true true true true false false false false false false false false false false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized The school publishes annually the non-discrimination policy in Los Angeles Times. The school also makes all interested parties aware of its non-discrimination policy through catalogs, brochures, and other such means during the solicitation period. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race Caribbean 0 0 Investments 49462793 Europe 0 0 Investments 13167685 62630478 62630478 false false true true false false X X X X false PARENT AUCTION 333409 287400 46009 46009 333409 287400 46009 46009 46009 true 0 0 Financial aid grants 70 2697404 Book Tuition Offset Additional Supplemental Information In order to objectively establish financial need, The Thacher School subscribes to the services of the School Scholarship Service (SSS) which provides a financial aid need analysis based on information made available by families in a confidential Parent Financial Statement. By applying objective criteria in a specific formula, SSS is able to help establish a family's ability to pay the expected Parental Contribution, which is then adjusted for the number of other family members in tuition charging institutions and for day versus boarding situations. Once financial need has been established Thacher will make a financial aid award which comes as close as possible to meeting the indicated need. X true true X X X true true false false false false false false false false Bill McMahon Dir of Admissions 134446 13680 82417 230543 Brandon Doyle Director of Development 152367 15956 41633 209956 Connie Hanstedt Director of Finance & Operations 156959 15695 31499 204153 Karleanne Rogers Dir of Major Gifts 103585 10720 80200 194505 Mulligan Michael Head of School 380200 95500 36623 512323 Peter Robinson Dir of Studies 125675 12581 33311 171567 Part I, Line 1a: Relevant information in regards to selections on 1a. A California Enterprise Development Authority 352273601 13067RAY9 2010-01-04 35515000 Refinanced prior bond issuances false false false A 35515000 562315 false false true true A false false false false false false false false true A false true false false false false A true Part VI Arbitrage rebate computations encompass the bond and investment activity from the closing date, January 4, 2010, through December 31,2013. Based on computations, no rebate liability exists and reporting to the IRS is not required. Michael Mulligan Spouse 85169 Faculty member false 35 341079 FMV false true true Part I, Line 32, Hire and Use of Third Parties An independent brokerage firm is used to receive and sell publicly traded stock gifts. Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Parent Association chairs are voting members of the Board of Trustees related by marriage. Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 is prepared internally and reviewed by the Director of Finance. An outside consultant prepared a top-level review for presentation to the audit committee. The full Form 990, except for Schedule B, is reviewed by the audit committee prior to being presented to the full board of trustees through a secure website. The full board approves the return before it is filed. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Conflict of interest disclosure forms are signed by trustees annually. Identified conficts are addressed by the Board President and Head of School as appropriate for the circumstances. An affected board member will recuse themself from any board action that may involve a conflict of interest. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management For the fiscal year ended 6/30/11, the School hired an independent compensation consultant that compared the Head's compensation with that of a group of 28 other schools. The Head's compensation was set based on the information gathered. Subsequent years have been met with inflationary increases. Additionally, in each of those subsequent years comparative data from three dozen boarding schools has been utilized to validate adequacy and comparability. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The Board of Trustees delegates duties to the Personnel Committee. The Personnel Committee is responsible for conducting annual performance and compensation review of the Head of School. The Personnel Committee also assists the Head of School with issues regarding faculty and adminstrator compensation. Salaries are compared to a peer group of schools who provide statistics through membership with the NAIS. The full board votes and determines the level of compensation. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Financial statements, conflict of interest policy or governing documents are available to the public upon request.