2013-05-13T16:30:52-05:00 2012-06-30 942513310 LAUTZE & LAUTZE 303 SECOND STREET SUITE 950N SAN FRANCISCO CA 94107 990 2011-07-01 940373222 CASTILLEJA SCHOOL FOUNDATION CAST 6504707751 1310 BRYANT STREET PALO ALTO CA 94301 SUE REYNERI 6503283160 2013-05-13 1 ROGER BULOSAN P00221282 4155436900 2011 2016-03-07 17:11:31Z SUE REYNERI 1310 BRYANT STREET PALO ALTO CA 94301 24226944 0 X WWW.CASTILLEJA.ORG X 1942 CA OPERATES AS AN EDUCATIONAL INSTITUTION FOR THE EDUCATION OF YOUNG WOMEN GRADES 6-12. 22 22 271 315 0 0 3776845 4858942 15358414 16072690 5434999 1271170 197893 283186 24768151 22485988 1911743 2036909 0 0 13759633 13437412 0 0 1154966 4689067 5255717 20360443 20730038 4407708 1755950 90728492 94400776 12860200 15217332 77868292 79183444 X TO PREPARE OUR STUDENTS FOR THE WIDER WORLD, WE INFUSE OUR CHALLENGING COLLEGE PREPARATORY PROGRAM WITH A GLOBAL CURRICULUM THAT FOSTERS AWARENESS, COMPASSION, AND ENGAGEMENT WITH ISSUES BEYOND CASTILLEJA. CONTINUED ON SCHEDULE O.OUR COMPREHENSIVE ACADEMIC PROGRAM AND EXTENSIVE CO-CURRICULAR OFFERINGS DEVELOP IN EACH STUDENT THE SELF-CONFIDENCE TO REACH HER FULL POTENTIAL. ABOVE ALL, OUR FACULTY AND STAFF DEDICATE THEMSELVES TO EXCELLENCE IN EDUCATING YOUNG WOMEN AND IN CULTIVATING YOUNGLEADERS. 0 0 16815017 2036909 16203028 SCHOOL PROVIDES COLLEGE PREPARATORY EDUCATION FOR STUDENTS FROM GRADE 6 THROUGH GRADE 12. 16815017 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 0 1 61 0 1 271 1 0 0 0 0 0 1 1 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X SUE REYNERI DIRECTOR OF FINANCE AND OPERATIONS 6503283160 1310 BRYANT STREET PALO ALTO CA 94301 KIRK BOSTROM 2.00 X 0 0 0 BENJAMIN CHIEN 2.00 X 0 0 0 KAREN FISHER 2.00 X 0 0 0 JENNIFER FONSTAD 2.00 X 0 0 0 SCOTT FORSTALL 2.00 X 0 0 0 STEVE FRANKLIN 2.00 X 0 0 0 MIR IMRAN 2.00 X 0 0 0 BILL KIND 2.00 X 0 0 0 MARTIN KORMAN 2.00 X 0 0 0 JOHN MACDONALD 2.00 X 0 0 0 JOE MARTIGNETTI 2.00 X 0 0 0 ETHAN NICHOLLS 2.00 X 0 0 0 DEEP NISHAR 2.00 X 0 0 0 MIKE RANTZ 2.00 X 0 0 0 BARBARA ROSSTON 2.00 X X 0 0 0 JENNIFER SANDELL 2.00 X 0 0 0 MARTIN SHELL 2.00 X 0 0 0 KATHLEEN TANDY 2.00 X 0 0 0 HANNAH VALENTINE 2.00 X 0 0 0 QUIN WHITMAN 2.00 X 0 0 0 LINDA YATES 2.00 X 0 0 0 ALAN ZAFRAN 2.00 X X 0 0 0 NANCI KAUFFMAN 40.00 X 240204 0 41177 SUSAN REYNERI 40.00 X 107534 0 8847 KIMBERLEY ROBERTS 40.00 X 175461 0 31443 SUSAN DEAN 40.00 X 168933 0 27273 CHRISTOPHER BLAIR 40.00 X 166552 0 12579 ANNE CAMERON 40.00 X 156275 0 18996 JILL LEE 40.00 X 148598 0 33473 JOAN LONERGAN 1.00 X 278019 0 0 GEORGIA BOND 1.00 X 733646 0 0 2175222 0 173788 9 1 1 0 VANCE BROWN INC 3197 PARK BLVD PALO ALTO CA 94306 CONSTRUCTION CONTRACTOR 463687 1 560054 4298888 461916 4858942 TUITION AND FEES 611600 16072690 16072690 16072690 1135823 1135823 135620 0 135620 135620 135620 1735801 1600454 135347 135347 135347 92541 560054 92541 0 65189 47961 17228 17228 OTHER OPERATING REVENU 611600 130338 130338 130338 22485988 16203028 0 1424018 2036909 2036909 482919 135960 284249 62710 10365391 9006987 633969 724435 788595 669336 74140 45119 1018589 874663 87495 56431 781918 656022 72623 53273 84377 84377 44400 44400 654854 350460 175693 128701 62690 25224 37466 186840 186840 622878 221426 401452 282246 264386 14436 3424 129349 85274 41028 3047 44504 44504 1251647 1134383 104374 12890 249536 249536 OTHER EXPENSES 660386 277396 364641 18349 STUDENT ACTIVITIES 390625 390625 SUPPLIES 380013 364265 10684 5064 WORKERS COMPENSATION CO 84297 76934 3306 4057 127075 83151 43924 20730038 16815017 2760055 1154966 1599902 634288 8803177 14812492 259484 1263593 1574349 191767 44265 18041 399274 110275 44027492 13277437 30099960 30750055 43057677 43173895 3140270 2141841 1750134 1304529 90728492 94400776 1328822 1275400 9412791 11786351 687021 1350000 1431566 805581 12860200 15217332 X 38260466 38089141 11779009 11741266 27828817 29353037 77868292 79183444 90728492 94400776 X 1755950 -440798 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 46701168 1579343 749345 2014085 47015771 27843337 13596404 7915590 2654163 46701168 27242618 600719 27843337 17303669 806556 18110225 0.16000 0.84000 0 0 2725150 2725150 35304485 9498047 25806438 3947157 2798664 1148493 2050700 980726 1069974 30750055 DEFERRED COMPENSATION PAYABLE 805581 805581 22485988 20730038 1755950 -475387 34589 -440798 1315152 19964357 -475387 34589 -2080833 -2521631 22485988 0 22485988 18649205 0 18649205 2080833 2080833 20730038 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE SCHOOL INTENDS TO HOLD ITS ENDOWMENT FUND FOR THE LONG TERM AND USE THE EARNINGS TO SUPPORT PROGRAMS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. 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 IT 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. THIS STANDARD ALSO REQUIRES ORGANIZATIONS TO DISCLOSE ADDITIONAL QUANTITATIVE AND QUALITATIVE INFORMATION IN THEIR FINANCIAL STATEMENTS ABOUT UNCERTAIN TAX POSITIONS. THE SCHOOL'S EVALUATION ON JUNE 30, 2012 REVEALED NO TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE 2009 THROUGH 2011 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. IN ADDITION, THE TAX YEARS 2008 THROUGH 2011 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 - OTHER ADJUSTMENTS: FINANCIAL AID AWARDS -2,036,909. INVESTMENT EXPENSES -43,924. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AWARDS 2,036,909. INVESTMENT EXPENSES 43,924. 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 THE NON DISCRIMINATION NOTICE REQUIRED OF 501(C)(3) ORGANIZATIONS WAS PUBLISHED MAY 18, 2012 IN THE SAN FRANCISCO CHRONICLE. ANNUAL EVENT 652595 560054 92541 29539 8809 54193 652595 560054 92541 29539 8809 54193 92541 0 1 TUITION ASSISTANCE 79 2036909 FMV FINANCIAL AID CASTILLEJA SCHOOL PROVIDES TUITION ASSISTANCE TO FAMILIES WITH DEMONSTRATED NEED. FAMILIES COMPLETE THE APPLICATION PROCESS AND AWARDS ARE DETERMINED BY THE FINANCIAL AID COMMITTEE. TOTAL AWARD POOL IS DETERMINED ON AN ANNUAL BASIS AS PART OF THE BUDGET CYCLE, AND IS APPROVED BY THE BOARD OF TRUSTEES. ADDITIONAL ASSISTANCE FOR QUALIFYING FAMILIES IS PROVIDED FOR SOME AUXILIARY SERVICES, INCLUDING TEXT BOOKS AND FIELD TRIPS. X X X X X 0 1 0 0 0 0 0 0 0 NANCI KAUFFMAN 240204 0 0 0 0 0 24700 0 16477 0 281381 0 0 0 KIMBERLEY ROBERTS 175461 0 0 0 0 0 12605 0 18838 0 206904 0 0 0 SUSAN DEAN 168933 0 0 0 0 0 12576 0 14697 0 196206 0 0 0 CHRISTOPHER BLAIR 166552 0 0 0 0 0 7929 0 4650 0 179131 0 0 0 ANNE CAMERON 156275 0 0 0 0 0 15306 0 3690 0 175271 0 0 0 JILL LEE 148598 0 0 0 0 0 14630 0 18843 0 182071 0 0 0 JOAN LONERGAN 278019 0 0 0 0 0 0 0 0 0 278019 0 0 0 GEORGIA BOND 733646 0 0 0 0 0 0 0 0 0 733646 0 420128 0 SUPPLEMENTAL INFORMATION PART III PART 11, LINE 8: GEORGIA BOND, DIRECTOR OF FINANCE AND OPERATIONS RECEIVED A DISTRIBUTION OF $420,128 IN DEFERRED COMPENSATION RELATED TO HER TERMINATION OF EMPLOYMENT ON 6/30/11. X 10 398082 FAIR MARKET VALUE X COMPUTER EQUIPMENT 1 63834 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE HEAD OF SCHOOL, THE CHAIR OF THE BOARD OF TRUSTEES, AND THE CHAIR OF THE FINANCE COMMITTEE PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE ASSOCIATE TO THE HEAD OF SCHOOL MAINTAINS A CONTROL LIST OF ALL TRUSTEES, OFFICERS, DIRECTORS AND KEY EMPLOYEES THAT ARE REQUIRED ANNUALLY TO SIGN THE CONFLICT OF INTEREST POLICY. THOSE WHO DO NOT COMPLY ARE CONTACTED PERSONALLY BY THE EXECUTIVE ASSOCIATE TO REMIND THEM TO COMPLY. FORM 990, PART VI, SECTION B, LINE 15 AN OUTSIDE CONSULTANT IS RETAINED TO ADVISE THE SCHOOL REGARDING COMPENSATION FOR HEAD OF SCHOOL AND DIRECTOR OF FINANCE RELATIVE TO PEERS OF THE SCHOOL. BASED ON THIS ADVICE THE BOARD APPROVES THEIR COMPENSATION LEVEL. THE BOARD ALSO SETS THE BUDGET FOR FACULTY AND STAFF COMPENSATION. THE HEAD OF SCHOOL DETERMINES THE COMPENSATION OF INDIVIDUAL FACULTY AND STAFF MEMBERS WITHIN THE BOARD BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT REQUIRED TO BE, AND ARE NOT, MADE AVAILABLE TO THE GENERAL PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -475,387. DONATED SERVICES AND USE OF FACILITIES: 34,589. TOTAL TO FORM 990, PART XI, LINE 5: -440,798. PART XII, LINE 2C THERE HAVE BEEN NO CHANGES TO THE PROCESS FROM THE PRIOR YEAR.