2014-05-15T11:44:33-05:00 2013-06-30 953001179 WINDES INC PO BOX 87 LONG BEACH CA 908010087 990 2012-07-01 950615438 ROESSLER-CHADWICK FOUNDATION CHADWICK SCHOOL ROES 3103771543 26800 S ACADEMY DRIVE PALOS VERDES ESTATES CA 90274 TROY GRANDE 3103771543 2014-05-13 1 DONITA M JOSEPH P00286656 5624351191 2012 2015-11-30 17:44:51Z FREDERICK T HILL 26800 S ACADEMY DRIVE PALOS VERDES ESTATES CA 90274 65696972 0 X WWW.CHADWICKSCHOOL.ORG X 1962 CA TO EDUCATE CHILDREN FROM PRE-KINDERGARTEN TO THE TWELFTH GRADE. 22 22 436 150 0 0 11284575 4266126 37367164 45324841 1412102 1310041 216235 330653 50280076 51231661 3120957 3120141 0 0 27327941 30366115 0 0 463013 14481391 14961556 44930289 48447812 5349787 2783849 82927632 84865248 36478504 35472633 46449128 49392615 X SCHOOLS DEDICATED TO ACADEMIC EXCELLENCE AND TO THE DEVELOPMENT OF SELF-CONFIDENT INDIVIDUALS OF EXEMPLARY CHARACTER, AND SELF DISCOVERY THROUGH EXPERIENCE. THE MEMBERS OF THE COMMUNITY LIVE IN ACCORDANCE WITH THEIR CORE VALUES OF RESPECT, RESPONSIBILITY, HONESTY, FAIRNESS, AND COMPASSION. 0 0 21157830 2980991 18957619 CHADWICK SCHOOL, FOUNDED IN 1935, IS LOCATED IN PALOS VERDES PENINSULA, CA, SERVING APPROXIMATELY 830 STUDENTS EACH YEAR, K-12. THROUGH ACTIVE PARTICIPATION IN A DIVERSE SCHOOL COMMUNITY, STUDENTS PREPARE TO CONTRIBUTE MEANINGFULLY TO THEIR LOCAL, NATIONAL, AND GLOBAL COMMUNITIES. TALENTED AND CARING FACULTY AND STAFF CULTIVATE IN EACH STUDENT THE JOY OF LEARNING, SELF-CONFIDENCE, WELL-BEING, AND THE INDIVIDUAL GIFTS THAT EACH POSSESSES. BY LIVING AND LEARNING IN AN ATMOSPHERE OF INTEGRITY AND TRUST, STUDENTS COME TO EXPECT THE BEST OF THEMSELVES AND OTHERS. CHADWICK SCHOOL MAINTAINS A TEACHER TO STUDENT RATIO OF 1:8. 16544310 139150 22194469 CHADWICK INTERNATIONAL (CI), FOUNDED IN 2010, IS A PK-12 INTERNATIONAL SCHOOL FULLY EQUIPPED WITH AN EXCEPTIONAL 500,000 SQUARE FOOT, STATE-OF THE-ART FACILITY THAT HAS BEEN BUILT IN THE SONGDO INTERNATIONAL BUSINESS DISTRICT IN INCHEON, SOUTH KOREA. DURING THE SCHOOL YEAR ENDING JUNE 30, 2013, THE SCHOOL HAD AN ENROLLMENT OF APPROXIMATELY 650 IN GRADES PK-9. ADDING AN ADDITIONAL UPPER GRADE EACH YEAR, CI WILL SERVE ALL PK-12 GRADES BY THE 2015-16 SCHOOL YEAR. CHADWICK INTERNATIONAL ACHIEVES ITS EDUCATIONAL MISSION THROUGH HIGHLY EXPERIENCED AND DEDICATED FACULTY MEMBERS FROM AROUND THE WORLD. THE CURRICULUM AT CHADWICK INTERNATIONAL IS DESIGNED TO MEET THE EDUCATIONAL STANDARDS OF THE INTERNATIONAL BACCALAUREATE (IB) AS WELL AS THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES(WASC). CI MAINTAINS A TEACHER TO STUDENT RATIO OF 1:8. 667345 1018652 SUMMER PROGRAMS ARE OFFERED EVERY YEAR FOR 5 WEEKS FROM JUNE TO JULY FOR KIDS AGES 4-14. PROGRAMS ARE OFFERED COVERING AREAS LIKE ACADEMIC ENRICHMENT, ARTISTIC INSPIRATION, ATHLETIC INSTRUCTION, AND A FUN DAYCAMP EXPERIENCE. THE SCHOOL ALSO OFFERS A BUS SERVICE. 57465 A DINING PROGRAM IS OFFERED TO STUDENTS FROM KINDERGARTEN THROUGH GRADE 12 THAT OFFERS A WIDE VARIETY OF HEALTHY, DELICIOUS AND CONVENIENT FOOD OPTIONS. THE DINING PROGRAM OFFERS BREAKFAST FOR THE OLDER STUDENTS AND LUNCH FOR ALL STUDENTS. THE DINING PROGRAM IS OUTSOURCED TO A THIRD PARTY PROVIDER WHO CHARGES STUDENTS DIRECTLY. THE SCHOOL SUBSIDIZES THIS PROGRAM, OF WHICH THE AMOUNT FOR FISCAL YEAR ENDED 2013 WAS $57,465. 568833 389545 OTHER PROGRAM SERVICES INCLUDE AN OUTDOOR EDUCATION PROGRAM THAT IS A MANDATORY PROGRAM FOR STUDENTS FROM GRADES 7 THROUGH 12. ITS PURPOSE IS TIED CLOSELY TO THE SCHOOL'S MISSION WHICH IS TO DEVELOP "SELF CONFIDENT INDIVIDUALS OF EXEMPLARY CHARACTER." ALSO INCLUDED IS INCOME FROM THE SALES OF THE SCHOOL YEARBOOK. 360037 407065 AFTER SCHOOL ACTIVITIES (COMMUNITY PROGRAM, MUSICAL INSTRUMENT PROGRAM) 85189 125924 KOREAN DEGREE CERTIFICATION PROGRAM 163163 182567 CICP & CIPA PROGRAM. 534256 2049000 ESOL (ENGLISH FOR SPEAKERS OF OTHER LANGUAGE) SUPPORT IS PROVIDED TO THE MAJORITY OF STUDENTS ATTENDING CHADWICK INTERNATIONAL SCHOOL. 1768943 3154101 40138428 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 1 1 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 52 2 1 436 1 0 1 KS 0 0 0 1 1 0 0 0 0 X 22 22 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X JOHN KJENNER 3103771543 26800 ACADEMY DR PALOS VERDES CA 90274 JOHN M MIGUELEZ 2.00 2.00 X X 0 0 0 CHRISTOPHER J HUTCHISON 2.00 X X 0 0 0 PAUL C WESTHEAD 2.00 X X 0 0 0 MICHAEL S LEBOVITZ 2.00 X X 0 0 0 KENNETH J BARONSKY 2.00 X 0 0 0 LINDA M CALHOUN 2.00 X 0 0 0 JOSEPH H CHADWICK 2.00 X 0 0 0 PHILIP C CHEN 2.00 X 0 0 0 KURT R GIBBS 2.00 X 0 0 0 LYNN HOPTON DAVIS 2.00 X 0 0 0 ANGELA LEWIS HOULE 2.00 X 0 0 0 HEIDI HUCHBERGER 2.00 X 0 0 0 MATTHEW F JACOBSON 2.00 X 0 0 0 RICHARD K LEARNED 2.00 X 0 0 0 RUTH B MACFARLANE 2.00 X 0 0 0 TODD MIHM 2.00 X 0 0 0 JASON M MOSKOWITZ 2.00 X 0 0 0 JOHN NENDICK 2.00 X 0 0 0 LISA A PETRIE 2.00 X 0 0 0 ROBERT B ROESSLER 2.00 X 0 0 0 LYNNE ROSENBERG 2.00 X 0 0 0 MICHAEL P TRAPANI 2.00 X 0 0 0 FREDERICK T HILL 40.00 X 286763 0 85944 JEFF MERCER 40.00 X 311726 0 129650 TROY GRANDE 40.00 X 135882 0 77202 SUN HOO CHONG 40.00 X 193281 0 57599 UNNA HUH 40.00 X 165669 0 87293 SHELLY WILLE 40.00 X 153840 0 122708 CRAIG WILLIAMSON 40.00 X 141939 0 59834 CHUL PARK 40.00 X 136799 0 41905 JAQUELINE CAMERON 40.00 X 131400 0 132730 PAUL CHO 40.00 X 121244 0 138605 JONATHAN TOFU 40.00 X 118445 0 22751 1896988 0 956221 20 0 1 0 NEW SONGDO INTERNATIONAL CITY DEVELOPMEN 6-1 SONGDODONG YEONSUGU INCHEON KS 406-130 FACILITY MAINTENANCE, SECURITY, AND CLEA 1206946 ROBERT HALF INTERNATIONAL 990 WEST 190TH ST SUITE 290 TORRANCE CA 90502 WEB DEVEOPMENT AND MAINTENANCE 189202 DAVID VINCI 26 TIM BERLINE DR PENFIELD NY 14526 SYSTEM SUPPORT AND CONSULTING 145013 ACTIVE INTERNET TECHNOLOGIES 809 MAIN STREET EAST HARTFORD CT 06108 WEBSITE HOSTING, LICENSE & MAINTENANCE S 103011 4 118789 4147337 92984 4266126 TUITION AND FEES 900099 41081061 41081061 AUXILIARY PROGRAMS 900099 3807795 3807795 OUTDOOR EDUCATION 900099 389545 389545 YEARBOOK INCOME 900099 36045 36045 CAFETERIA INCOME 900099 10395 10395 45324841 723727 723727 270865 48765 222100 222100 222100 14922572 14274350 61908 648222 -61908 586314 586314 159456 118789 80288 79168 79168 MISCELLANEOUS 900099 29385 29385 29385 51231661 45324841 0 1640694 X 2980991 2980991 139150 139150 1775940 1547121 203882 24937 20645808 17262888 3051399 331521 321069 305798 15271 6537918 6155768 302579 79571 1085380 854792 203604 26984 154922 154922 175476 175476 29788 29788 144167 82204 61963 3541750 3332025 209725 908950 286122 622828 3674508 3079836 594672 1165127 471634 693493 485884 263199 222685 104807 104807 1147885 920475 227410 512143 128503 383640 SUPPLIES 1049048 1022307 26741 SUMMER AND OTHER PROGRA 593046 593046 DEPARTMENTAL EXPENSES 552594 552594 OUTDOOR EDUCATION AND F 515411 515411 206050 197158 8892 48447812 40138428 7846371 463013 750 750 27029788 42326672 779516 989255 222735 757300 1157462 959087 34629171 14793802 20823675 19835369 28586959 18009749 4326747 1987066 82927632 84865248 4888567 5606887 24584558 23062094 6800000 6600000 205379 203652 36478504 35472633 X 33123337 40534930 12965906 8493567 359885 364118 46449128 49392615 82927632 84865248 2783849 159638 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19154774 1609937 1073658 573866 21264503 18833735 1597117 -697960 578118 19154774 15254578 2389688 2023644 831475 18836435 14880929 44444 979112 649907 15254578 21751870 253199 -6783713 340427 14880929 0.72300 0.01700 0.26000 0 0 2266053 2266053 27169608 10459463 16710145 1021677 668985 352692 3644731 3154676 490055 527102 510678 16424 19835369 WITHHOLDING TAXES - INTERNATIONAL SCHOOL 142297 SALES VAT - INTERNATIONAL SCHOOL 12704 DEPOSITS - INTERNATIONAL SCHOOL 21895 OTHER LIABILITIES 26756 203652 X 48297267 159638 -3064244 -2904606 51201873 29788 29788 51231661 45346648 -3071376 -3071376 48418024 29788 29788 48447812 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS ARE TO SUPPORT SCHOLARSHIPS. THEY ARE REINVESTED FOR FUTURE EARNINGS AND EXPENDITURES IN ORDER TO MAINTAIN OR ENHANCE THE PURCHASING POWER OF THE ENDOWMENT. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION IS STRUCTURED AS A NONPROFIT CORPORATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE FOUNDATION IS EXEMPT FROM INCOME TAXES, DOMESTIC AND FOREIGN, RELATED TO REVENUE RECEIVED IN CONNECTION WITH EXEMPT PROGRAMS. THE FOUNDATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF TAX POSITIONS, SUCH AS ITS FILING STATUS AS TAX-EXEMPT, ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITIES WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. THE FOUNDATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHADWICK SCHOLARSHIP FOUNDATION - INTEREST INCOME 5,698. CHADWICK SCHOLARSHIP FOUNDATION - REALIZED GAINS 9,939. CHADWICK SCHOLARSHIP FOUNDATION - UNREALIZED GAINS 12,095. FINANCIAL AID -3,140,741. RENTAL EXPENSES 48,765. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHADWICK SCHOLARSHIP FOUNDATION - GRANT EXPENSES 20,600. RENTAL EXPENSE 48,765. FINANCIAL AID -3,140,741. 1 1 1 1 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 NEWSPAPER, BROCHURES, AND BULLETINS EAST ASIA AND THE PACIFIC - 1 138 EXPENSES FOR PRE-KINDERGARTEN THROUGH 12TH GRADE INTERNATIONAL SCHOOL OPERATION OF A ELEMENTARY, MIDDLE AND HIGH SCHOOL 23191911 EAST ASIA AND THE PACIFIC - 1 ASSETS FOR PRE-KINDERGARTEN THROUGH 12TH GRADE INTERNATIONAL SCHOOL OPERATION OF A ELEMENTARY, MIDDLE AND HIGH SCHOOL 14036484 2 138 0 0 2 138 37228395 0 37228395 TUITION REMISSIONS/SUBSIDIES EAST ASIA AND THE PACIFIC 7 139150 CASH PAYMENTS 0 0 0 0 0 0 METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, PART I, LINE 3: ALL ACCOUNTING RECORDS ARE MAINTAINED BY THE BUSINESS OFFICE ON CAMPUS AT CHADWICK INTERNATIONAL. THE SCHOOL'S FINANCIALS ARE AUDITED ACCORDING TO INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS). CHADWICK SPRING GALA 229728 90851 138877 45376 1395 23039 SCRIP 27938 27938 3 20579 20579 1000 5282 4196 278245 118789 159456 1000 45376 5282 1395 27235 80288 79168 1 FACULTY SCHOLARSHIPS 24 582630 FINANCIAL AID 140 2398361 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: STUDENTS WHO RECEIVE SUPPORT THROUGH SCHOLARSHIPS AND FINANCIAL AID HAVE AMOUNTS THAT ARE AWARDED TO THEM CREDITED TO THEIR TUITION ACCOUNTS REDUCING THE AMOUNT PAYABLE. THE FUNDS ARE NOT GIVEN DIRECTLY TO STUDENTS. X X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 FREDERICK T HILL 286763 0 0 0 0 0 41004 0 44940 0 372707 0 0 0 JEFF MERCER 293168 0 18558 0 0 0 17881 0 111769 0 441376 0 0 0 TROY GRANDE 135882 0 0 0 0 0 6550 0 70652 0 213084 0 0 0 SUN HOO CHONG 193281 0 0 0 0 0 17987 0 39612 0 250880 0 0 0 UNNA HUH 165669 0 0 0 0 0 13772 0 73521 0 252962 0 0 0 SHELLY WILLE 153840 0 0 0 0 0 8922 0 113786 0 276548 0 0 0 CRAIG WILLIAMSON 141939 0 0 0 0 0 9008 0 50826 0 201773 0 0 0 CHUL PARK 136799 0 0 0 0 0 10536 0 31369 0 178704 0 0 0 JAQUELINE CAMERON 131400 0 0 0 0 0 6337 0 126393 0 264130 0 0 0 PAUL CHO 121244 0 0 0 0 0 5587 0 133018 0 259849 0 0 0 PART I, LINE 1A WHEN FACULTY/STAFF RELOCATE TO THE KOREA FACILITY THE SCHOOL PROVIDES AIRLINE TICKETS FOR THEIR DEPENDENTS. THE SCHOOL ALSO COVERS THE LOCAL TAXES FOR FACULTY/STAFF WORKING OVERSEAS. FREDERICK HILL RECEIVES AN ALLOWANCE FOR DISCRETIONARY SPENDING. THE SPENDING ALWAYS BENEFITS THE SCHOOL. FREDERICK HILL RECEIVES A HOUSING ALLOWANCE AS HE IS REQUIRED TO LIVE NEAR CAMPUS AS PART OF HIS JOB DUTIES. X 5327 FAIR MARKET VALUE X 14 52581 FAIR MARKET VALUE X 3 13617 X ACCESSORIES 1 1784 FAIR MARKET VALUE X GIFT CERTIFICATES 4 19675 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): PART I, COLUMN (B) PROVIDES THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1 OUR BYLAWS STATE THAT "THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ANY AND ALL OF THE POWERS AND AUTHORITY OF THE BOARD OF TRUSTEES DURING INTERVALS BETWEEN MEETINGS OF THE FULL BOARD OF TRUSTEES, EXCEPT THAT IT SHALL NOT HAVE THE POWER TO ADOPT, AMEND OR REPEAL THE BYLAWS OR TAKE SUCH OTHER ACTION AS IS PROHIBITED OR NOT AUTHORIZED BY LAW." FORM 990, PART VI, SECTION A, LINE 2 KEN BARONSKY HAS A BUSINESS RELATIONSHIP WITH MICHAEL TRAPANI. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE IS PRESENTED A DRAFT OF THE FORM 990 FOR REVIEW. A COPY OF THE FINAL FORM 990 IS THEN PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH NEW TRUSTEE COMPLETES A "CONFLICT OF INTEREST" QUESTIONNAIRE AND THEN ANNUALLY EACH BOARD MEMBER COMPLETES THE "GOVERNANCE CONFLICT" QUESTIONNAIRE. UPON IDENTIFICATION OF A CONFLICT OF INTEREST, THE CHAIRMAN AND THE BOARD WILL BEST DETERMINE HOW TO PROCEED AND WHETHER RESIGNATION IS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES ANNUALLY REVIEWS THE TOTAL COMPENSATION OF THE SCHOOL'S HEADMASTER, CHIEF FINANCIAL OFFICER, AND DIRECTOR OF ADVANCEMENT. EACH YEAR, COMPETITIVE COMPENSATION GUIDELINES ARE ESTABLISHED THROUGH THE USE OF MARKET DATA PROVIDED BY THIRD PARTY SURVEYS AND PUBLIC DISCLOSURES BY RELEVANT COMPARABLE SCHOOLS. IN ALL CASES, THE PROCESS INCLUDES: USE OF COMPARABLES, APPROVAL BY EITHER THE BOARD OF TRUSTEES OR A DESIGNATED COMMITTEE THEREOF, AND CONTEMPORANEOUS DOCUMENTATION OF THE DECISION MAKING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990, THE DETERMINATION LETTER, THE CONFLICT OF INTEREST, AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST BY THE PUBLIC. A COPY OF THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG. EXPENSE ALLOCATION FORM 990, PART IX IN PREVIOUS YEARS, CHADWICK SCHOOL ALLOCATED PROGRAM EXPENSES ACCORDING TO THE ANNUAL REPORTING REQUIREMENTS FOR THE NATIONAL ASSOCIATION OF INDEPENDEDENT SCHOOLS, WHICH DEFINES PROGRAM EXPENSES MORE STRICTLY THAN THE IRS. FOR THE 2012 TAX YEAR, CHADWICK SCHOOL HAS ALLOCATED PROGRAM EXPENSES ACCORDING TO IRS REPORTING REQUIREMENTS. CHADWICK SCHOLARSHIP FOUNDATION 26800 S ACADEMY DRIVE PALOS VERDES ESTATES CA 90274 237149456 PROVIDE SOURCES TO PAY TUITION FOR NEEDY STUDENTS CA 501(C)(3) LINE 11A, I ROESSLER-CHADWICK FOUNDATION 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CHADWICK SCHOLARSHIP FOUNDATION B 20600 ENDOWMENT APPROPRIATIONS