2013-02-14T11:58:32-06:00 2012-06-30 952242818 VICENTI LLOYD & STUTZMAN LLP 2210 E ROUTE 66 SUITE 100 GLENDORA CA 91740 990 2011-07-01 951856591 THE WEBB SCHOOLS WEBB 9096263587 1175 WEST BASELINE ROAD CLAREMONT CA 917112199 JANET PEDDY 9094825205 2013-02-13 1 DERRICK DEBRUYNE P00591016 6268577300 2011 2016-02-25 16:41:14Z JANET PEDDY 1175 W BASELINE RD CLAREMONT CA 91711 22295428 0 X WWW.WEBB.ORG X 1955 CA PRIVATE SCHOOL 18 16 244 207 0 0 3919265 2003013 16223272 17609436 1417713 782233 581430 106245 22141680 20500927 3495635 3728154 0 0 9449521 9732678 0 0 1452116 6617438 8145943 19562594 21606775 2579086 -1105848 54608406 52880922 16783407 17394258 37824999 35486664 THE WEBB SCHOOLS ARE COLLEGE-PREPARATORY, BOARDING-DAY SCHOOLS FOR STUDENTS OF OUTSTANDING ABILITY WHO ARE ENTHUSIASTIC ABOUT LEARNING. THE PRINCIPLES OF HONOR, LEADERSHIP AND SERVICE ARE CORE COMPONENTS OF THE CURRICULUM. 0 0 14008445 3728154 17666997 BOARDING AND DAY SCHOOL INSTRUCTION FOR APPROXIMATELY 400 STUDENTS: ACADEMIC, ATHLETICS AND RESIDENTIAL PROGRAMS. 14008445 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 1 0 0 0 1 49 0 1 244 1 0 0 0 0 0 1 1 0 0 0 0 X 18 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X JANET PEDDY CFO 9096263587 1175 W BASELINE RD CLAREMONT CA 91711 PAUL M REITLER 10.00 X X 0 0 0 LARRY ASHTON 2.00 X 0 0 0 WAYNE L HANSON 2.00 X 0 0 0 CLAIRE H MC CLOUD 5.00 X X 0 0 0 TIMOTHY C MOORE 2.00 X 0 0 0 DAVID C MYLES 2.00 X 0 0 0 SUSAN A NELSON 30.00 X 1687883 0 39931 MICKEY E NOVAK 5.00 X 0 0 0 ROGER J MILLAR 2.00 X 0 0 0 MILES R ROSEDALE 5.00 X 0 0 0 WILLIAM BAUMAN 2.00 X 0 0 0 MARY SCHUCK 2.00 X 0 0 0 SANJIV DHOLAKIA 2.00 X 0 0 0 LAURA SKANDERA TROMBLEY 2.00 X 0 0 0 GORDON M STEEL 2.00 X 0 0 0 JENNA GAMBARO 2.00 X 0 0 0 RALPH D YOUNG III 10.00 X 0 0 0 TAYLOR B STOCKDALE 40.00 X X 227547 0 98922 JANET K PEDDY 40.00 X 212229 0 30180 JOE WOODWARD 40.00 X 153371 0 31242 LEO MARSHALL 40.00 X 128646 0 38830 PETER BARTLETT 40.00 X 111483 0 67608 2521159 0 306713 6 0 1 0 SODEXO PO BOX 536922 ATLANTA GA 30353 FACILITIES MANAGEMENT 781341 MORRIS COMMERCIAL ROOFING 1057 E IMPERIAL HWY 429 PLACENTIA CA 92870 ROOFING CONTRACTOR 338715 RESOURCE COMPUTER SOLUTIONS 2058 N MILLS AVE 243 CLAREMONT CA 91711 COMPUTER MANAGEMENT 338395 ONTARIO REFRIGERATION 635 S MOUNTAIN AVE ONTARIO CA 91762 HVAC CONTRACTOR 133122 4 50503 8028 1944482 176607 2003013 TUITION AND FEES 611600 17153174 17153174 SUMMER PROGRAMS 611600 423084 423084 AFFILIATES DUES AND OT 900099 33178 33178 17609436 632613 632613 396 396 1848207 1698983 149224 149224 149224 90828 50503 42144 48684 48684 66885 53374 13511 13511 MISCELLANEOUS 900099 44050 44050 44050 20500927 17666997 0 830917 3728154 3728154 723410 65781 376819 280810 6852902 5199766 1086447 566689 478274 362494 69752 46028 1125272 863560 164006 97706 552820 384095 130087 38638 14581 14581 54306 54306 85233 85233 1269217 1076421 161665 31131 80896 11917 68277 702 209503 22268 143020 44215 124078 80882 37804 5392 1090369 621957 464689 3723 125291 6501 80381 38409 107599 32075 64949 10575 202 202 1182033 1182033 215948 94363 121241 344 MISCELLANEOUS 1717161 941 1716220 STUDENT SERVICES 646501 646501 EDUCATIONAL PROGRAMS 570416 570416 ADMISSION, MARKETING & 411987 124312 287675 240622 240353 190 79 21606775 14008445 6146214 1452116 105977 512538 5010180 5244562 1692255 1252973 187407 323979 45265 44295 257274 244700 32256153 15515661 16809013 16740492 21248876 19232877 8880387 8636956 371772 647550 54608406 52880922 616487 532657 3919700 3071994 10570000 10700000 1677220 3089607 16783407 17394258 X 17593243 15172731 4400304 3846144 15831452 16467789 37824999 35486664 54608406 52880922 X -1105848 -1232487 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24592936 636170 -601172 320470 433100 23874364 19585865 1958598 3751525 318720 384332 24592936 13337203 5690338 1283438 472689 252425 19585865 16591301 351798 -2825243 361980 418673 13337203 0.32600 0.67400 0.00000 0 0 2290269 2290269 26911246 14033972 12877274 2118885 1037733 1081152 935753 443956 491797 16740492 INVESTMENTS-OTHER SECURITIES 8636956 F 8636956 TRUST LIABILITIES- STUDENT CLUBS 34907 LIABILITIES RELATED TO SWAP AGREEMENT 2988824 LIABILITIES RELATED TO SPLIT INTEREST AGREEMENTS 65876 3089607 20500927 21606775 -1105848 -1232487 -1232487 -2338335 15809561 -1232487 -1232487 17042048 85233 3373646 3458879 20500927 16632481 0 16632481 85233 4889061 4974294 21606775 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE WEBB SCHOOLS' ENDOWMENT CONSISTS OF APPROXIMATELY 110 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE WEBB SCHOOLS HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT OF TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO THE SCHOOL'S CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURE FOR UNCERTAIN TAX POSITIONS ARE REQUIRED. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS AND REMISSION 3,305,104. SUMMER SCHOOL SCHOLARSHIPS 37,580. LOSS ON DISPOSITION OF FIXED ASSETS 30,962. PART XIII, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS AND REMISSION 3,305,104. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 3,841. DISPOSAL OF FIXED ASSETS 30,962. CHANGE IN VALUE OF SWAP LIABILITY 1,478,312. TRANSFER TO REAL ESTATE FUND AND ALF MUSEUM 33,262. SUMMER SCHOOL SCHOLARSHIPS 37,580. 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 SCHOOL PUBLICIZES ITS NON-DISCRIMINATION POLICY IN ADVERTISEMENTS, ON ITS WEBSITE, AND IN OTHER EXTERNAL COMMUNICATIONS FOR RECRUITING AND SOLICITATIONS. THE NON-DISCRIMINATION POLICY IS ALSO PUBLISHED IN INTERNAL OPERATING MANUALS, LIKE THE STUDENT AND EMPLOYEE HANDBOOKS. EAST ASIA 0 0 PROGRAM SERVICES ADMISSION 20584 RUSSIA 0 0 PROGRAM SERVICES ADMISSION 11574 EUROPE 0 0 PROGRAM SERVICES ADMISSION 19915 NORTH AMERICA 0 0 PROGRAM SERVICES ADMISSION 1140 EAST ASIA 0 0 FUNDRAISING 83173 MIDDLE EAST 0 0 PROGRAM SERVICES ADMISSION 6799 CARIBBEAN 0 0 PROGRAM SERVICES STUDENT TRIP 31911 EUROPE 0 0 PROGRAM SERVICES STUDENT TRIP 44586 0 0 0 0 0 0 219682 0 219682 0 0 0 0 0 0 TAWS FUNDRAISER 141331 50503 90828 2243 23441 2400 14060 141331 50503 90828 2243 23441 2400 14060 42144 48684 1 FINANCIAL AID & TUITION REMISSION 164 3728154 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ALL AWARDS ARE FOR FINANCIAL AID OR TUITION REMISSION AT THE WEBB SCHOOLS. X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 SUSAN A NELSON 225606 0 150000 0 1312277 0 17500 0 22431 0 1727814 0 0 0 TAYLOR B STOCKDALE 225000 0 0 0 2547 0 22500 0 76422 0 326469 0 0 0 JANET K PEDDY 184009 0 20000 0 8220 0 18401 0 11779 0 242409 0 0 0 JOE WOODWARD 152951 0 0 0 420 0 15606 0 15636 0 184613 0 0 0 LEO MARSHALL 128226 0 0 0 420 0 13005 0 25825 0 167476 0 0 0 PETER BARTLETT 111063 0 0 0 420 0 10400 0 57208 0 179091 0 0 0 PART I, LINE 1A THE HEAD EMERITA HAS OCCASIONALLY FLOWN FIRST CLASS FOR CROSS-COUNTRY TRIPS, AS APPROVED BY THE BOARD. THE SCHOOL'S POLICY, WHICH PROVIDES FOR APPROVED EXCEPTIONS, IS FOR ALL EMPLOYEES TO FLY COACH OR BUSINESS CLASS. AS A CONDITION OF EMPLOYMENT, CERTAIN EMPLOYEES ARE REQUIRED TO LIVE ON CAMPUS IN SCHOOL-PROVIDED HOUSING. AS APPROVED BY THE BOARD, THE SPOUSE OF THE HEAD OF SCHOOLS OFTEN ACCOMPANIES HIM TO CONFERENCES, FUNDRAISING AND ALUMNI EVENTS. ON THESE TRIPS, SHE HELPS TO REPRESENT THE SCHOOL. SUPPLEMENTAL INFORMATION PART III PART II, LINE 1: ON JUNE 30, 2011 THE NOW HEAD EMERITA RETIRED FROM HER LONG-HELD POSITION AS HEAD OF SCHOOLS. BY CONTRACT, ON THAT DATE SHE RECEIVED DEFERRED COMPENSATION ACCRUALS AND EARNINGS THAT HAD BEEN ACCUMULATING OVER A 15 YEAR PERIOD. IN ADDITION, AND IN CELEBRATION OF HER LONG, SUCCESSFUL HEADSHIP, SHE ALSO RECEIVED A ONE-TIME APPRECIATION BONUS. PART II, LINE 3: IN MAY 2012, THE BOARD APPROVED A ONE-TIME APPRECIATION BONUS FOR THE CHIEF FINANCIAL OFFICER. AS PROVIDED BY HER CONTRACT, THE CFO ALSO RECEIVES A MONTHLY AUTO ALLOWANCE. CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 NONEAVAIL 2012-03-06 10700000 ACQUISITION, CONSTRUCTION, RENOVATION OF SCHOOL FACILITIES 0 0 0 10700000 271015 6488799 11233 3557504 2014 1 0 0 1 0 0 0 0 1 0 1 1 UNION BANK 26.000000000000 1 0 0 NA 0 1 1 44090 TUITION REMISSION X 1 60000 APPRAISAL X 8 33537 PUBLISHED MARKET VALUE X EQUIPMENT 7 16917 ESTIMATED REPLACEMENT VALUE X CONSTRUCTION 1 63578 ESTIMATED REPLACEMENT VALUE X OTHER 7 2575 ESTIMATED REPLACEMENT VALUE 1 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER, WHO THEN EMAILS THE RETURN TO THE BOARD FOR COMMENT PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES AND OFFICERS ALL SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 HUMAN RESOURCES OR CONSULTANTS PERFORM MARKET RESEARCH BASED ON INDUSTRY STANDARD OF SIMILAR ORGANIZATIONS WHEN DETERMINING COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. THE BOARD REVIEWS AND APPROVES THE COMPENSATION FOR THE HEAD OF SCHOOLS. THE HEAD OF SCHOOLS APPROVES COMPENSATION FOR ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE READILY AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,232,487. FORM 990, PART VII, SECTION A, LINE 7: THE HEAD EMERITA IS AN EMPLOYEE AND ALSO AN EX-OFFICIO VOTING MEMBER OF THE BOARD OF TRUSTEES. FOR PURPOSES OF THIS RETURN, THE POSITION IS CLASSIFIED AS A PAID TRUSTEE. RAYMOND M ALF MUSEUM 1175 W BASELINE ROAD CLAREMONT CA 91711 953366309 PUBLIC MUSEUM CA 501(C)(3) 7 THE WEBB SCHOOLS 1 WEBB SCHOOLS REAL ESTATE FUND 1175 W BASELINE ROAD CLAREMONT CA 91711 201554974 GIFTS OF REAL ESTATE CA 501(C)(3) 11 THE WEBB SCHOOLS 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 1 0