2014-05-15T15:30:28-05:00 2013-06-30 946214841 ARMANINO LLP 12657 ALCOSTA BOULEVARD SUITE 500 SAN RAMON CA 945834600 990 2012-07-01 940338330 THE BRANSON SCHOOL BRAN 4154543612 PO BOX 887 ROSS CA 94957 RICK MCLAUGHLIN 4154543612 2014-05-15 1 LYNN HENLEY P00356034 9257902600 2012 2015-11-30 17:44:51Z THOMAS W PRICE PO BOX 887 ROSS CA 94957 17161474 0 X WWW.BRANSON.ORG X 1926 CA TO PROVIDE A QUALITY EDUCATION TO STUDENTS GRADES 9 THROUGH 12. 23 23 141 75 952 0 3090946 2757102 12118604 12619809 925394 1005281 155575 85892 16290519 16468084 1547799 1838613 0 0 8577365 9022234 0 0 950081 6582418 6511026 16707582 17371873 -417063 -903789 67978253 69344356 33922865 32668718 34055388 36675638 TO PROVIDE AN ACADEMICALLY EXCEPTIONAL EDUCATION TO STUDENTS GRADE 9 THROUGH 12 IN A WARM, SUPPORTIVE, AND NURTURING ENVIRONMENT. 0 0 12715846 1838613 12619809 THE BRANSON SCHOOL MAINTAINS AND CONDUCTS A SECONDARY SCHOOL FOR GIRLS AND BOYS IN WHICH THEY ARE PROVIDED WITH SUCH INSTRUCTION AND EDUCATION THAT SHALL BE ADEQUATE FOR THE PREPARATION OF STUDENTS FOR ADMISSION TO UNIVERSITIES AND COLLEGES OF THE HIGHEST ATTAINMENT. THE BRANSON SCHOOL ENCOURAGES STUDENTS TO THINK CRITICALLY, COMMUNICATE CLEARLY, DEVELOP THEIR INDIVIDUAL TALENTS AND INTERESTS, AND PURSUE A LIFE-LONG PASSION FOR LEARNING. 12715846 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 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 64 0 141 1 1 1 0 0 0 0 1 1 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 CA X RICK MCLAUGHLIN BUSINESS MANAGER 4154543612 39 FERNHILL AVENUE ROSS CA 94957 DAVID GOLDEN 2.00 X X 0 0 0 SETH FERGUSON 2.00 X X 0 0 0 AMY ROSS 2.00 X X 0 0 0 MARLENE BATES 2.00 X 0 0 0 JOHN BUEHLER 2.00 X 0 0 0 STACEY CASE 2.00 X 0 0 0 MICHELLE DOUGLAS 2.00 X 0 0 0 KATE DUHAMEL 2.00 X 0 0 0 DARLA FLANAGAN 2.00 X 0 0 0 P JOSEPH GRASSO 2.00 X 0 0 0 PAM HAMAMOTO 2.00 X 0 0 0 DAMON KERBY 2.00 X 0 0 0 LAUREN LAMM 2.00 X 0 0 0 DAVID LIU 2.00 X 0 0 0 DR KEVIN LOUIE 2.00 X 0 0 0 AVID MODJTABAI 2.00 X 0 0 0 LIEBE PATTERSON 2.00 X 0 0 0 BRUCE RAABE 2.00 X 0 0 0 DR ALBERT RICHARDS 2.00 X 0 0 0 SEMI SALMI 2.00 X 0 0 0 GREG SWART 2.00 X 0 0 0 KATIE VOGELHEIM 2.00 X 0 0 0 KAREEM WEAVER 2.00 X 0 0 0 THOMAS W PRICE 40.00 X 422779 0 111355 RICHARD MCLAUGHLIN 40.00 X 105466 0 43726 PHILIP GUTIERREZ 40.00 X 133716 0 44443 KAREN WHITAKER 40.00 X 136352 0 26306 ANNIE TSANG 40.00 X 133938 0 18711 DENNIS SHANNON 40.00 X 125541 0 16239 ALISTAIR GRANT 40.00 X 120781 0 24684 1178573 0 285464 25 0 1 0 CHARTWELLS FILE 50196 LOS ANGELES CA 90074 FOOD SERVICE 316013 CYO TRANSPORTATION SERVICES 699 SERRAMONTE BLVD 210 DALY CITY CA 94015 TRANSPORTATION SERVICES 201760 PEAK BUILDING SERVICES 845 OLIVE AVENUE SUITE 211 NOVATO CA 94945 CUSTODIAL SERVICES 167732 MARIN IT 366 BEL MARIN KEYS BLVD SUITE D NOVATO CA 94949 IT SERVICES 154307 CAMELLO INC PO BOX 1454 MILL VALLEY CA 94942 CONSTRUCTION 114664 7 48675 2708427 339733 2757102 TUITION AND FEES 611600 11979295 11979295 AUXILLARY SERVICES 611600 455303 455303 SUMMER PROGRAMS 611600 156928 156928 OTHER PROGRAM REVENUE 611600 28283 28283 12619809 768365 952 767413 176670 53621 123049 123049 123049 756200 8000 525733 1551 230467 6449 236916 236916 75328 48675 112485 -37157 -37157 16468084 12619809 952 1090221 1838613 1838613 679020 124332 430356 124332 6488231 4857390 1099163 531678 384791 281141 71404 32246 949945 688792 190210 70943 520247 371590 110331 38326 53597 53597 43939 43939 938695 559072 301039 78584 48222 14696 33526 308104 253552 52420 2132 374913 299930 74983 1025866 697699 328167 65387 37833 20372 7182 162798 102138 54997 5663 962790 866511 96279 1143119 818739 324380 55119 55119 OTHER EXPENSES 641894 472527 143898 25469 ATHLETIC PROGRAM 342225 342225 BAD DEBT EXPENSE 220905 28000 192905 FINANCIAL AID EXP 75762 75762 47691 47691 17371873 12715846 3705946 950081 580740 102305 7779589 8723773 477438 114200 17661 179216 165822 160874 39679984 15908386 24639011 23771598 29771445 32327816 3612345 2994395 934202 970179 67978253 69344356 1071762 787801 6498682 6588381 22500000 22500000 3852421 2792536 33922865 32668718 X 2031964 2585732 17575712 19585609 14447712 14504297 34055388 36675638 67978253 69344356 -903789 3524039 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17955276 56585 2077834 676991 19412704 17626932 1213410 -276358 608708 17955276 14140987 515935 3246394 276384 17626932 12422889 1416887 1454378 1153167 14140987 14906152 1190028 -3105392 567899 12422889 0.03000 0.75000 0.22000 0 0 1333389 1333389 34617238 13054082 21563156 3595514 2854304 741210 133843 133843 23771598 INTEREST RATE SWAP 2792536 2792536 X 18301585 2464154 -612622 1851532 16450053 18031 18031 16468084 15506461 166106 166106 15340355 2031518 2031518 17371873 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE BRANSON SCHOOL ENDOWMENT FUNDS ARE PRIMARILY USED TO SUPPORT THE GENERAL OPERATIONS OF THE SCHOOL, INCLUDING FINANCIAL AID SUPPORT. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2012, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED IN REVENUE 112,485. RENTAL EXPENSES INCLUDED IN REVENUE 53,621. GAIN ON INTEREST RATE SWAPS INCLUDED IN REVENUE 1,059,885. TUITION ASSISTANCE/SCHOLARSHIPS -1,838,613. PART XI, LINE 4B - OTHER ADJUSTMENTS: CAPITAL CAMPAIGN REVENUE 18,031. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED IN REVENUE 112,485. RENTAL EXPENSES INCLUDED IN REVENUE 53,621. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE/SCHOLARSHIPS 1,838,613. BAD DEBT EXPENSE 192,905. 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 ALONG WITH OTHER SCHOOLS, THE BRANSON SCHOOL HAS PUBLICIZED ITS NON-DISCRIMINATION POLICY IN THE SAN FRANCISCO CHRONICLE UNDER "PUBLIC NOTICES (NON-GOVERNMENT)". CONNECTED 2013 124003 48675 75328 63958 26520 22007 124003 48675 75328 63958 26520 22007 112485 -37157 1 TUITION ASSISTANCE 74 1838613 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FINANCIAL AID IS AVAILABLE EXCLUSIVELY FOR STUDENTS ENROLLED AT THE BRANSON SCHOOL. X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 THOMAS W PRICE 364175 0 0 0 58604 0 22000 0 89355 0 534134 0 0 0 PHILIP GUTIERREZ 133606 0 0 0 110 0 11327 0 33116 0 178159 0 0 0 KAREN WHITAKER 136107 0 0 0 245 0 9675 0 16631 0 162658 0 0 0 ANNIE TSANG 133856 0 0 0 82 0 6712 0 11999 0 152649 0 0 0 PART I, LINE 1A THE SCHOOL PROVIDES ON-CAMPUS HOUSING TO THE HEAD OF SCHOOL. THE VALUE OF THIS BENEFIT HAS BEEN INCLUDED IN PART VII OF FORM 990 AND SCHEDULE J IN THE NON-TAXABLE BENEFITS. THE SCHOOL CONTINUES TO TAKE THE POSITION THAT THE FACTS SUPPORT EXCLUSION FROM TAXABLE INCOME. THE HEAD OF SCHOOL'S CONTRACT INCLUDES A CLEANING STIPEND FOR THE RESIDENCE THAT THE SCHOOL PROVIDES HIM. THE CONTRACT INDICATES THAT BECAUSE THE HEAD OF SCHOOL WILL BE REQUIRED TO PERIODICALLY USE THIS RESIDENCE TO HOST SCHOOL FUNCTIONS/EVENTS, THE SCHOOL WILL PAY A CLEANING SERVICE TO KEEP THE HOUSE CLEAN. THIS AMOUNT PAID DIRECTLY TO A CLEANING SERVICE IS NOT REFLECTED AS TAXABLE INCOME ON THE HEAD OF SCHOOL'S W-2. THE HEAD OF SCHOOL RECEIVES THE FOLLOWING TAXABLE BENEFITS THAT ARE REPORTED AS TAXABLE INCOME ON HIS FORM W-2: TUITION ASSISTANCE FOR HIS CHILD AND AN AUTO ALLOWANCE. FOR 2012, THESE BENEFITS WERE "GROSSED UP" SO THAT THE NET AMOUNT AVAILABLE AFTER TAXES WAS EQUAL TO THE COST OF THE BENEFIT. PART I, LINE 4B THOMAS W. PRICE, HEAD OF SCHOOL, RECEIVED $8,042 OF EMPLOYER CONTRIBUTIONS TO A 457(B) PLAN. ALISTAIR GRANT, COLLEGE COUNSELOR, RECEIVED $11,780 OF EMPLOYER CONTRIBUTIONS TO A 457(B) PLAN. A ABAG FINANCE AUTHORITY VARIABLE RATE DEMAND REVENUE BONDS SERIES 2008 943130123 00037CNF3 2008-08-01 22500000 CONSTRUCTION & ACQUISITION OF EDUCATIONAL FACILITIES 0 0 0 A 23008990 353203 22655787 2009 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 1 NORTHERN TRUST 10.000000000000 0 0 1 AEGON INSTITUTIONAL MARKETS 18.000000000000 1 0 0 X 32 339733 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE ENTIRE GOVERNING BOARD WAS PROVIDED A COPY OF FORM 990 PRIOR TO FILING THAT INCLUDED ALL SCHEDULES. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS ASKED TO SIGN THE CONFLICT OF INTEREST POLICY AT THE START OF EACH SCHOOL YEAR. THE DISCLOSURE STATEMENTS ARE RETURNED TO THE SECRETARY OF THE BOARD OF TRUSTEES AND ANY ISSUES ARE DISCUSSED AT THE BOARD LEVEL. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S COMPENSATION PACKAGE IS DETERMINED EXCLUSIVELY BY THE BOARD OF TRUSTEES. A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS FORM 990S FILED BY COMPARABLE SCHOOLS. A WRITTEN EMPLOYMENT CONTRACT IS SIGNED BY THE BOARD PRESIDENT AND THE HEAD OF SCHOOL. THE HEAD OF SCHOOL IS RESPONSIBLE FOR DETERMINING COMPENSATION AND BENEFITS FOR KEY EMPLOYEES OF THE SCHOOL. A SURVEY OF COMPENSATION AND BENEFITS CONDUCTED BY ISBOA, AND ORGANIZATION OF SCHOOLS IN THE BAY AREA, IS USED AS A BENCHMARK. FORM 990, PART VI, SECTION C, LINE 19 PURSUANT TO THE APPLICABLE TREASURY REGULATIONS, COPIES OF THE THREE MOST RECENTLY FILED FORMS 990 AND 990-T AND THE ORGANIZATION'S EXEMPTION APPLICATION ARE AVAILABLE UPON REQUEST. ANY DOCUMENTS NOT LEGALLY REQUIRED TO BE DISCLOSED, MAY BE DISCLOSED BY THE SCHOOL ON A CASE-BY-CASE BASIS. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.