2014-06-16T16:46:17-05:00 2013-07-31 942513310 LAUTZE & LAUTZE 303 SECOND STREET SUITE 950N SAN FRANCISCO CA 94107 990 2012-08-01 770530703 GERMAN INTERNATIONAL SCHOOL OF SILICON VALLEY GERM 6502540748 310 EASY STREET MOUNTAIN VIEW CA 94043 KAI GOEBEL 6502540748 2014-06-16 1 ROGER BULOSAN P00221282 4155436900 2012 2015-11-30 17:44:51Z KAI GOEBEL 310 EASY STREET MOUNTAIN VIEW CA 94043 9528693 0 X WWW.GISSV.ORG X 1999 CA THE SCHOOL PROVIDES GERMAN GOVERNMENT-ACCREDITED ELEMENTARY AND SECONDARY EDUCATION. 9 9 95 250 0 0 382320 847632 6494120 8054557 -4432 77 477506 602575 7349514 9504841 1300164 1420778 0 0 3399264 4297181 0 0 54313 2731460 3043170 7430888 8761129 -81374 743712 3012356 5020591 1115687 2380210 1896669 2640381 X THE SCHOOL HAS COMMITTED ITSELF TO ENSURING STUDENTS REACH THEIR FULL ACADEMIC POTENTIAL IN A NURTURING ENVIRONMENT THAT FOSTERS CRITICAL AND IMAGINATIVE THINKING, A PASSION FOR LIFELONG LEARNING AND AN APPRECIATION FOR CULTURAL DIVERSITY. 0 0 7177406 1420778 8054557 THE GERMAN INTERNATIONAL SCHOOL OF SILICON VALLEY (THE SCHOOL) IS A PRIVATE, NON-PROFIT, COEDUCATIONAL SCHOOL FOUNDED IN 1999 IN MOUNTAIN VIEW, CALIFORNIA, AND OFFERS A MULTILINGUAL, MULTICULTURAL EDUCATION TO STUDENTS FROM PRE-SCHOOL THROUGH 12TH GRADE. MEETING THE STRICT ACCREDITATION REQUIREMENTS OF THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES (WASC) AS WELL AS THE GERMAN GOVERNMENT, THE SCHOOL IS THE ONLY INSTITUTION IN THE WESTERN PART OF THE UNITED STATES TO OFFER DUAL DIPLOMAS UPON GRADUATION, THE GERMAN INTERNATIONAL ABITUR (DIAP), AS WELL THE CALIFORNIA HIGH SCHOOL DIPLOMA - QUALIFYING GRADUATES FOR ACCEPTANCE INTO THE BEST AMERICAN AND EUROPEAN UNIVERSITIES. WITH THREE LOCATIONS THROUGHOUT THE SAN FRANCISCO BAY AREA (MOUNTAIN VIEW, BERKELEY, AND SAN FRANCISCO) THE SCHOOL CURRENTLY SERVES THE NEEDS OF OVER 470 STUDENTS. 7177406 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 39 0 1 95 1 0 1 GM 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 1 1 1 1 0 0 1 1 0 1 1 1 1 1 0 CA X ANDREA SPIEGELBERG 6502540748 310 EASY STREET MOUNTAIN VIEW CA 94403 X KAI GOEBEL 10.00 X X 0 0 0 JURGEN ROTTLER 5.00 X X 0 0 0 MARK NITZBERG 5.00 X X 0 0 0 KATHRIN RANDALL 5.00 X 0 0 0 ERIC LAUTERBACH 5.00 X 0 0 0 INA REICHEL 5.00 X 0 0 0 RACHEL BECKERT 5.00 X 0 0 0 KEVON WADE 5.00 X 0 0 0 JURGEN PAULUS 5.00 X 0 0 0 MARTIN FUGMANN 40.00 X 0 0 0 ANDREA SPIEGELBERG 40.00 X 101250 0 6288 SEBASTIAN GEUS 49.00 X 0 0 0 101250 0 6288 1 0 0 0 0 735245 112387 847632 TUITION 611600 8054557 8054557 8054557 381073 0 381073 381073 381073 154 77 77 77 77 44201 23775 20426 20426 FIELDTRIPS 611600 104075 104075 FOREIGN EXCHANGE GAIN 611600 72754 72754 OTHER INCOME 611600 24247 24247 201076 9504841 8636706 0 20503 1420778 1420778 103000 103000 3688140 3061505 577156 49479 247060 194850 52210 258981 215255 40398 3328 12168 12168 87734 87734 276272 182351 93921 72395 72395 188827 49867 137454 1506 93985 75188 18797 1369980 1096184 273796 18158 18158 38081 38081 32305 28682 3623 474516 379613 94903 80458 64366 16092 OTHER EXPENSES 298291 298291 8761129 7177406 1529410 54313 916410 1288412 93235 6318 539 276468 166938 4447292 1195601 1456714 3251691 356446 219776 3012356 5020591 114045 58156 605065 1059841 2125 3319 115472 1119062 278980 139832 1115687 2380210 X 1889296 2355656 7373 284725 1896669 2640381 3012356 5020591 743712 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1200000 1200000 1127681 30382 1097299 1484943 857699 627244 464738 242289 222449 169930 65231 104699 3251691 LEASE DEPOSIT 50000 DEFERRED RENT LIABILITY 89832 139832 X 9371555 -133286 -133286 9504841 0 9504841 8627843 1287492 1287492 7340351 1420778 1420778 8761129 PART IV, LINE 2B: THE SCHOOL HOLDS CASH ON BEHALF OF VARIOUS SCHOOL CLUBS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. 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 ORGANIZATION 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. THE SCHOOL'S EVALUATION ON JULY 31, 2013 REVEALED NO TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE 2009 THROUGH 2012 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. IN ADDITION, THE 2008 THROUGH 2012 TAX YEARS 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 XII, LINE 2D : ($133,286) IS THE NET OF $1,287,492 - THE FACULTY SALARIES AND BENEFITS THAT ARE PAID AND HIRED DIRECTLY FROM THE GERMAN GOVERNMENT FOR THE SCHOOL AND ($1,420,778) - FINANCIAL AID AWARDS AND DISCOUNTS FOR 2012/13 SCHOOL YEAR. PART XIII LINE 2D: $1,287,492 REPRESENTS THE FACULTY SALARIES AND BENEFITS THAT ARE PAID AND HIRED DIRECTLY FROM THE GERMAN GOVERNMENT FOR THE SCHOOL. $1,420,778, REPRESENTS THE FINANCIAL AID AWARDS AND DISCOUNTS FOR 2012/13 SCHOOL YEAR. 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY IN THE SAN FRANCISCO CHRONICLE ON MAY 16, 2013, A NEWSPAPER PUBLICATION THAT SERVES THE ENTIRE SAN FRANCISCO BAY AREA. THE SAME POLICY IS STATED ON THE SCHOOL'S WEBSITE AND ADMISSIONS MATERIALS. EXPLANATION OF DOCUMENT RETENTION SCHEDULE E, PART I, LINE 4 THE SCHOOL SIMPLY DOES NOT COLLECT OR TRACK RACIAL COMPOSITION OF EITHER STAFF OR STUDENTS. EUROPE 0 0 FUNDRAISING 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 VARIOUS FUNDRAISING ACTIVITIES 44201 44201 23775 44201 44201 23775 23775 20426 0 FINANCIAL AIDS AND DISCOUNTS TOWARD TUITION 257 1420778 FMV REDUCTION IN TUITION AT SCHOOL FORM 990, PART VI, SECTION A, LINE 7A THE CURRENT FAMILIES ELECT THE NEW BOARD MEMBERS DURING THE ANNUAL SOCIETY (PARENT) MEETING. AN ELECTION COMMITTEEE MONITORS THE ELECTIONS AND MAKES SURE ALL PROCEDURES ACCORDING TO OUR BY-LAWS ARE ADHERED TO. CANDIDATES FILL OUT A FORM AND PRESENT THEMSELVES TO THE PARENTS WHO THEN VOTE. FORM 990, PART VI, SECTION A, LINE 7B THE SCHOOL'S PARENTS ORGANIZATION MUST VOTE ON CREDIT EXTENDED TO THE SCHOOL IF IT EXCEEDS 30% OF THE OPERATING BUDGET AND MUST APPROVE OF THE BUDGET ANNUALLY. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE REVIEWS THE COMPLETED FORM 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR AT THE FIRST BOARD MEETING FOLLOWING THE ELECTION OF NEW OFFICERS, THE CONFLICT OF INTEREST POLICIES AND OTHER BOARD RULES ARE REVIEWED WITH ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES COMMITTEE REVIEWS SALARIES, APPROVES ALL SALARY CHANGES AND APPROVES ALL NEW HIRES. FORM 990, PART VI, SECTION C, LINE 19 MOST GOVERNING DOCUMENTS ARE AVAILABLE ON THE WEBSITE, OTHERS CAN BE INSPECTED UPON REQUEST. FINANCIAL REPORTS ARE ALSO PRESENTED AT THE SEMI-ANNUAL PARENT SOCIETY MEETINGS. FORM 990, PART VII, LINE 10 THE PRINCIPAL OF THE SCHOOL IS COMPENSATED BY, AND HIRED DIRECTLY FROM, THE GERMAN GOVERNMENT FOR 147,173 EUROS (OR APPROXIMATELY $191,310 IN U.S. DOLLARS) FOR THE SCHOOL YEAR ENDED 2012/13. ACCORDINGLY, A W-2 WAS NOT ISSUED AND HIS SALARY INFORMATION IS NOT DISCLOSED ON FORM 990, PART VII.