2015-12-11T13:42:50-06:00 2015-06-30 946214841 ARMANINO LLP 12657 ALCOSTA BOULEVARD SUITE 500 SAN RAMON CA 945834600 990 2014-07-01 942240127 KEYS FAMILY DAY SCHOOL INC KEYS 6503281711 2890 MIDDLEFIELD ROAD PALO ALTO CA 94306 JUNG CHOI TREASURER 6503281711 2015-12-09 1 JOHN PANETTA P00365375 9257902600 2014 2016-04-25 22:37:26Z ALONA SCOTT 2890 MIDDLEFIELD ROAD PALO ALTO CA 94306 10808211 0 X WWW.KEYSSCHOOL.ORG X 1973 CA KEYS FAMILY DAY SCHOOL IS AN INDEPENDENT, CO-EDUCATIONAL, NONSECTARIAN DAY SCHOOL. 24 23 89 163 0 0 1213332 1061027 8799130 9474697 44867 59707 114934 139583 10172263 10735014 643250 685675 0 0 5931154 6289410 0 0 417630 2869226 3214390 9443630 10189475 728633 545539 25121595 24097784 14427752 12776217 10693843 11321567 X KEYS FAMILY DAY SCHOOL IS AN INDEPENDENT K-8 SCHOOL THAT OFFERS A BROAD HANDS-ON CURRICULUM. IT FOSTERS HIGH ACADEMIC ACHIEVEMENT AND EMPHASIZES BALANCED GROWTH-INTELLECTUAL, PHYSICAL, EMOTIONAL, AND SOCIAL-FOR EVERY STUDENT. WITHIN A DIVERSE AND SUPPORTIVE COMMUNITY, KEYS PROVIDES A CARING AND CREATIVE ENVIRONMENT THAT ENCOURAGES CHILDREN TO LOVE LEARNING, TO TAKE INTELLECTUAL RISKS, TO ACT AS GLOBAL CITIZENS, AND TO TREAT OTHERS WITH RESPECT AND EMPATHY. 0 0 7426313 685675 9474697 KEYS FAMILY DAY SCHOOL PROVIDES EDUCATION AT THE KINDERGARTEN THROUGH EIGHTH GRADE LEVELS TO APPROXIMATELY 318 STUDENTS. 7426313 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 89 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 24 23 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 1 1 0 CA X STEVEN SMITH BUSINESS DIRECTOR 6503281711 3981 EL CAMINO REAL PALO ALTO CA 94306 ANDREAS STAVROPOULOS BOARD CHAIR 2.00 X X 0 0 0 STEVE MCKAY CHAIR 2.00 X X 0 0 0 LAURA CHING CO-CHAIR 2.00 X X 0 0 0 RODRIGO LIANG SECRETARY 2.00 X X 0 0 0 VENKY GANESAN TRUSTEE 2.00 X 0 0 0 VANEETA VARMA PAST CHAIR 2.00 X X 0 0 0 ANN JAQUITH TRUSTEE 2.00 X 0 0 0 CRISTINA SPENCER TRUSTEE 2.00 X 0 0 0 DAVID FISCHER TRUSTEE 2.00 X 0 0 0 ELLA DUNCANSON TRUSTEE 2.00 X 0 0 0 FARAH BRELVI TRUSTEE 2.00 X 0 0 0 JENNIFER DULSKI TRUSTEE 2.00 X 0 0 0 JESSE JOHNSON TRUSTEE 2.00 X 0 0 0 JOHN SCHAFER TRUSTEE 2.00 X 0 0 0 JUNG CHOI TREASURER 2.00 X X 0 0 0 MELANIE ERASMUS TRUSTEE 2.00 X 0 0 0 MOLLIE THOMPSON TRUSTEE 2.00 X 0 0 0 MOLLY FORSTALL TRUSTEE 2.00 X 0 0 0 RAMESH RAJAGOPAL TRUSTEE 2.00 X 0 0 0 STEPHANIE NELSON TRUSTEE 2.00 X 0 0 0 TONY CARRASCO TRUSTEE 2.00 X 0 0 0 ELI ABBE ALUMNI PARENT 2.00 X 0 0 0 PHIL CAPIN ALUMNI PARENT 2.00 X 0 0 0 ALONA SCOTT HEAD OF SCHOOL 50.00 X X 237768 0 20458 STEVEN SMITH BUSINESS DIRECTOR 50.00 X 154820 0 17651 AMY DOSS HEAD OF LOWER SCHOOL 50.00 X 121544 0 9582 MARIA LOPEZ THROUGH 73114 HEAD OF MIDDLE SCHOOL 50.00 X 142712 0 17377 JAN BRUZZESE DEVELOPMENT DIRECTOR 50.00 X 105792 0 13604 762636 0 78672 5 0 1 0 NATURALIST AT LARGE PO BOX 3517 VENTURA CA 93006 FIELD TRIPS 167384 HINES SERVICES INC 91 LOST LAKE LANE CAMPBELL CA 95008 JANITORIAL 166395 2 188118 872909 176434 1061027 TUITION AND FEES 611710 9012044 9012044 AUXILIARY FEES 611600 256275 256275 OTHER PROGRAMS 611600 186278 186278 APPLICATION/LATE FEES 611600 20100 20100 9474697 58798 58798 11570 0 11570 11570 11570 3598 0 2689 3598 -2689 909 909 198521 188118 70508 128013 128013 10735014 9474697 0 199290 685675 685675 437915 371475 66440 4724486 4418692 21238 284556 693498 554367 111272 27859 433511 433511 37300 37300 37634 37634 323733 52864 270869 10043 10043 106737 20324 86413 118439 88304 30135 680485 650197 30288 111354 29504 81850 460740 460740 600857 600857 49192 49192 FIELD TRIPS & SP ACTIVI 234557 234557 INSTRUCTIONAL EXPENSES 201140 201140 STAFF DEVELOPMENT 101969 101969 EQUIPMENT RENTAL & MAIN 67504 29949 37555 72706 43974 28732 10189475 7426313 2345532 417630 202916 418617 3307187 2423621 12000 9750 43916 22977 196484 104509 21698753 3711431 18358940 17987322 2684922 2827729 315230 303259 25121595 24097784 777621 910511 2226548 2199218 11388380 9629876 35203 36612 14427752 12776217 X 9818884 10359720 326398 411836 548561 550011 10693843 11321567 25121595 24097784 545539 82185 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1614204 1450 84233 1699887 1388509 4100 221595 1614204 1117001 135543 135965 1388509 1078695 38306 1117001 948788 5695 124212 1078695 0.47070 0.32360 0.20580 0 0 8092492 8092492 11125359 2327371 8797988 1055071 864336 190735 1425831 519724 906107 17987322 DEFERRED RENT 36612 36612 X 10131524 82185 -685675 -603490 10735014 0 10735014 9503800 0 9503800 685675 685675 10189475 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING PROFESSIONAL DEVELOPMENT. PART X, LINE 2: THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT, AS OF JUNE 30, 2015 AND 2014, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION ASSISTANCE -685,675. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 685,675. 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 KEYS FAMILY DAY SCHOOL JOINS WITH OTHER BAY AREA INDEPENDENT SCHOOLS TO PUBLISH THEIR NONDISCRIMINATION POLICY ONCE A YEAR IN THE SAN FRANCISCO CHRONICLE. SCHEDULE E, PART I, LINE 4 ALL AID IS COMPLETELY NEED BASED AND RACIALLY BLIND. SCHOOL AUCTION 380728 188118 192610 2453 33918 1200 30788 BOOK FAIR 5911 5911 2149 4 386639 188118 198521 2453 33918 1200 32937 70508 128013 1 FINANCIAL AID 35 685675 PART I, LINE 2: TUITION ASSISTANCE IS AWARDED BASED ON THIRD-PARTY EVALUATION OF FAMILY FINANCIAL SITUATIONS, WHICH INCLUDES THE REVIEW OF INCOME TAX FILINGS. TUITION ASSISTANCE AWARDS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS AS AN OFFSET TO BILLABLE TUITION. X 1 1 X X X 1 0 0 0 0 0 0 0 0 ALONA SCOTT HEAD OF SCHOOL 237768 0 0 0 0 0 14921 0 5537 0 258226 0 0 0 STEVEN SMITH BUSINESS DIRECTOR 154820 0 0 0 0 0 10857 0 6794 0 172471 0 0 0 MARIA LOPEZ THROUGH 73114 HEAD OF MIDDLE SCHOOL 66466 0 0 0 76246 0 8083 0 9294 0 160089 0 0 0 PART I, LINE 1A THE DISCRETIONARY SPENDING ACCOUNT IS INCLUDED IN THE SCHOOL'S ANNUAL BUDGET. THERE IS ONE ACCOUNT FOR THE HEAD OF SCHOOL, THE LOWER SCHOOL HEAD, AND THE MIDDLE SCHOOL HEAD. THE ACCOUNT IS USED SOLELY FOR UNBUDGETED EXPENSES ASSOCIATED WITH THE PROGRAMMATIC GOALS OF THE SCHOOL. PART I, LINE 4A MARIA LOPEZ RECEIVED $76,246 AS SEVERANCE COMPENSATION. X 17 176434 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES IS SELF-SUSTAINING. CURRENT MEMBERS NOMINATE AND VOTE IN NEW MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS FIRST REVIEWED BY THE BUSINESS DIRECTOR AND THE FINANCE COMMITTEE OF THE BOARD. IT IS THEN SIGNED BY THE TREASURER AND PROVIDED TO THE BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12 A DOCUMENT RETENTION POLICY IS UNDER FORMATION. CURRENTLY, BOTH THE DEVELOPMENT AND BUSINESS OFFICES HAVE CRAFTED INITIAL 10-YEAR DOCUMENT RETENTION POLICIES. DEVELOPMENT AND BUSINESS OFFICE DOCUMENTS FOLLOWING THE 10-YEAR WINDOW HAVE BEEN TRANSFERRED TO A SECURE FACILITY. FORM 990, PART VI, SECTION B, LINE 15 IN BOTH CASES, DATA IS GATHERED FROM NAIS (NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS) AND ISBOA (INDEPENDENT SCHOOLS BUSINESS OFFICERS ASSOCIATION), A CALIFORNIA GROUP. ALL DATA IS REVIEWED AND THE HEAD OF SCHOOL'S SALARY IS SET BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE HEAD MAKES A RECOMMENDATION TO THE COMMITTEE FOR THE BUSINESS DIRECTOR'S COMPENSATION, WHICH THEY ALSO REVIEW FOR REASONABLENESS. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE FROM THE BUSINESS DIRECTOR UPON REQUEST. FORM 990, PART XII, LINE 2C: FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.