2013-05-10T16:35:19-05:00 2012-06-30 954749365 STANISLAWSKI & HARRISON CPAS 301 N LAKE AVE SUITE 900 PASADENA CA 91101 990 2011-07-01 952701337 WINDWARD SCHOOL WIND 3103917127 11350 PALMS BLVD LOS ANGELES CA 90066 BENNETT ROSENTHAL 3103917127 2013-05-08 1 BARED DILACAR P00157338 6267933600 2013-04-25 2011 2016-02-25 16:41:14Z BENNETT ROSENTHAL 11350 PALMS BLVD LOS ANGELES CA 90066 23367348 0 X WWW.WINDWARDSCHOOL.ORG X 1971 CA WINDWARD IS AN INDEPENDENT CO-EDUCATIONAL DAY SCHOOL FOR GRADES 7 TO 12. 21 18 198 175 0 0 2275282 4151614 16913445 17820704 80896 141114 533314 377433 19802937 22490865 1795717 1860107 0 0 10911268 11394739 0 0 571590 6109393 6152597 18816378 19407443 986559 3083422 56442672 60144328 33181629 33815739 23261043 26328589 X THE SCHOOL IS A NON-PROFIT PUBLIC BENIFIT CORPORATION, LOCATED IN LOS ANGELES, CA AND INCORPORATED IN 1971. THE SCHOOL IS AN INDEPENDENT CO-EDUCATIONAL, COLLEGE PREPARATORY SCHOOL THAT PROVIDES INSTRUCTION TO STUDENTS IN GRADES SEVEN TO TWELVE. 0 0 16315748 1860107 17872090 THE SCHOOL PROVIDES A VARIED AND CHALLENGING ACADEMIC PROGRAM, A WIDE RANGE OF OPPORTUNITIES FOR STUDENTS TO PARTICIPATE IN ATHLETICS, THE ARTS, AND COMMUNITY SERVICE, AND A DIVERSE STUDENT BODY. CLASSES AVERAGE 16 STUDENTS, AND THE STUDENT-FACULTY RATIO IS APPROXIMATELY 8:1.THE SCHOOL PROVIDES EXCELLENT PROGRAMS IN ENGLISH, MATHEMATICS, FOREIGN LANGUAGE, HISTORY, SCIENCE, AND THE VISUAL AND PERFORMING ARTS. THE CURRICULUM OFFERS STUDENTS A CHOICE OF MORE THAN 100 DIFFERENT COURSES. A HIGH PERCENTAGE OF WINDWARD STUDENTS UNDERTAKE ADVANCED PLACEMENT COURSEWORK. ALL WINDWARD STUDENTS ARE REQUIRED TO FULFILL A FORTY-HOUR COMMITMENT OF PUBLIC SERVICE BEFORE GRADUATION.CO-CURRICULAR ACTIVITIES FIGURE PROMINENTLY IN THE WINDWARD EXPERIENCE. FROM ATHLETICS TO STUDENT COUNCIL TO THE PERFORMING ARTS, NEARLY EVERY WINDWARD STUDENT PARTAKES IN OFFERINGS OUTSIDE OF THE CLASSROOM. STUDENTS HAVE THE OPTION OF PARTICIPATING IN A VARIETY OF CLUBS, DANCES, SKI TRIPS AND SPORTING EVENTS THROUGH WHICH THEY DEVELOP STRONG FRIENDSHIPS. THESE ACTIVITIES, COUPLED WITH THE SCHOOL'S ACADEMICALLY RIGOROUS CURRICULUM, HELP TO DEVELOP THE WIDEST RANGE OF STUDENTS' ABILITIES AND INTEREST. 16315748 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 32 0 1 198 1 0 0 0 0 0 1 1 0 0 X 21 18 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X GRACE MAKOW 3103917127 11350 PALMS BLVD LOS ANGELES CA 90066 THOMAS GILDER 40.00 X X 380118 0 163873 TONY DE LOS REYES 40.00 X 74650 0 11424 SHIRLEY WINDWARD 1.00 X 51218 0 0 ELLIOT GORDON 1.00 X X 0 0 0 NANCY GRANT 1.00 X X 0 0 0 SCOTT JACKS 1.00 X X 0 0 0 IRENE KLEINBERG 1.00 X X 0 0 0 STEVE DWORKIN 1.00 X 0 0 0 HAL BURROUGHS 1.00 X 0 0 0 JANE GUTMAN 1.00 X 0 0 0 BENNETT ROSENTHAL 1.00 X 0 0 0 BRYAN EZRALOW 1.00 X 0 0 0 PETER SMAILES 1.00 X 0 0 0 RANDYE SOREF 1.00 X 0 0 0 MICHAEL PARKS 1.00 X 0 0 0 MICHAEL HACKMAN 1.00 X 0 0 0 ALLISON MIRKIN 1.00 X X 0 0 0 MICHAEL SALES 1.00 X 0 0 0 TONY RUBIN 1.00 X 0 0 0 GEORGE ROSENTHAL 1.00 X 0 0 0 GARY NEWMAN 1.00 X 0 0 0 STEVEN W KIERMAN 40.00 X 230725 0 30174 RAYMOND FRIEND 40.00 X 138508 0 15074 MARGARET PROCTER 40.00 X 140205 0 15673 SHARON PEARLINE 40.00 X 132603 0 14802 ERIC MANDEL 40.00 X 127681 0 14398 JAMES BOLOGNA 40.00 X 130590 0 9585 1406298 0 275003 7 0 1 0 TUMBLEWEED TRANSPORTATION PO BOX 49291 LOS ANGELES CA 90049 TRANSPORTATIONS 331935 ALPHA BUILDING MAINTENANCE 11511 BARMAN AVE CULVER CITY CA 90230 BUILDING MAINTENANCE 302793 PAUL W SPEER INC 7141 VALJEAN AVENUE VAN NUYS CA 91406 CONSTRUCTION 149447 3 359663 3791951 555793 4151614 TUITION & FEES 611710 17589234 17589234 WINDWARD/CTY 611710 106983 106983 ATHLETIC SUMMER CAMP 611710 92005 92005 TESTING INCOME 611710 32482 32482 17820704 141114 141114 260729 110210 150519 150519 150519 555793 555793 0 0 81209 359663 210480 -129271 -129271 BUS INCOME 611710 208057 208057 YEAR BOOK INCOME 611710 54234 54234 FOOD SERVICE 611710 18389 18389 75505 51386 24119 356185 22490865 17872090 0 467161 1860107 1860107 801514 97818 703696 8361548 7690172 583951 87425 531560 308811 214007 8742 1053839 918152 110849 24838 646278 561864 68728 15686 54089 54089 26875 26875 99784 99784 72807 72496 311 1002452 770730 188983 42739 165844 159974 5870 610191 469142 115034 26015 1393710 1071547 262743 59420 97739 75146 18426 4167 INSTRUCTIONAL EXPENSES 1090825 1090825 ATHLETICS DEPARTMENT 389953 389953 BOND FEES AND EXPENSES 253496 194899 47789 10808 RETREAT AND SENIOR TRIP 220866 220866 673966 363246 18970 291750 19407443 16315748 2520105 571590 225 225 2690402 6188347 1805209 2611986 9000 8000 170755 198800 365085 599988 45681426 13497170 32310934 32184256 18734159 18005578 356903 347148 56442672 60144328 2285448 2439393 9036694 9714957 19900000 19550000 84915 92643 1874572 2018746 33181629 33815739 X 22481886 23619018 735657 2300892 43500 408679 23261043 26328589 56442672 60144328 X 3083422 -15876 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 121407 365179 1571 488157 43500 77907 121407 43500 43500 29500 14000 43500 0.83000 0.17000 0 0 475000 1311617 1786617 880777 6485752 3670912 3695617 29377166 5438530 23938636 6565774 4387728 2178046 585340 585340 32184256 INTEREST RATE SWAP 2018746 2018746 22490865 19407443 3083422 -82182 66306 -15876 3067546 20869266 -1860107 -1860107 22729373 -238508 -238508 22490865 17657546 110210 110210 17547336 1860107 1860107 19407443 PART IV, LINE 2B: CUSTODIAN ACCOUNTS INCLUDE STUDENT STORE AND STUDENT SUMMER ACTIVITY ACCOUNTS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: FUNDS TO BE USED TO PROVIDE FINANCIAL AID TO STUDENTS. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUATION INTEREST RATE SWAP -144,174. DINNER & AUCTION EXPENSES 210,480. TOTAL TO SCHEDULE D, PART XI, LINE 8: 66,306. PART XII, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -1,860,107. PART XII, LINE 4B - OTHER ADJUSTMENTS: DINNER & AUCTION EXPENSES -210,480. RENTAL EXPENSE -110,210. UNREALIZED LOSS 82,182. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 110,210. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,860,107. 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 WINDWARD SCHOOL EXTENDS TO ALL REGARDLESS OF RACE, COLOR, NATIONAL OR ETHNIC ORIGIN, THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY AFFORDED OR MADE AVAILABLE TO STUDENTS OF THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL OR ETHNIC ORIGIN IN THE ADMINISTRATION OF ITS EDUCATIONAL AND ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL ADMINISTRATIVE PROGRAMS. WINDWARD SCHOOL ADVERTISES ITS RACIALLY NON-DISCRIMINATORY POLICY THROUGH NEWSPAPERS, MAGAZINES, MANUALS, OPEN HOUSES TO WHICH THE PUBLIC IS INVITED, AND APPEARANCES AT PUBLIC HIGH SCHOOLS. A FINANCIAL AID PROGRAM IS OFFERED TO NEEDY STUDENTS. WINDWARD IS A MEMBER OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS AND THE CALIFORNIA INDEPENDENT SCHOOLS; BOTH ASSOCIATIONS ARE NON-DISCRIMINATORY. SPRING EVENT DINNER 440872 359663 81209 126060 84420 440872 359663 81209 126060 84420 210480 -129271 1 FINANCIAL AID 74 1860107 FMV FINANCIAL AID PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FINANCIAL AID IS AWARDED BY THE SCHOOL IN ACCORDANCE WITH THE FOLLOWING PROCEDURE. APPLICANTS COMPLETE A FINANCIAL AID FORM PREPARED BY SCHOOL & STUDENT SERVICES OF NAIS ("SSS"). THE FORM IS THEN SUBMITTED TO SSS AND SSS THEN MAKES A RECOMMENDATION TO THE SCHOOL REGARDING THE AMOUNT OF FINANCIAL AID RECOMMENDED FOR EACH APPLICANT. FINANCIAL AID AT THE SCHOOL IS AWARDED BASED ON A FAMILY'S DEMONSTRATED FINANCIAL NEED. A STUDENT SHOULD NEVER BE AWARDED AID IN EXCESS OF HIS/HER NEED, AS ASSESSED BY THE FINANCIAL AID COMMITTEE AFTER UTILIZING ALL AVAILABLE INFORMATION. X X 1 1 X X X 0 1 0 0 0 0 0 0 0 THOMAS GILDER 380118 0 0 0 0 0 147502 0 16371 0 543991 0 0 0 STEVEN W KIERMAN 230725 0 0 0 0 0 13844 0 16330 0 260899 0 0 0 RAYMOND FRIEND 138508 0 0 0 0 0 8170 0 6904 0 153582 0 0 0 MARGARET PROCTER 140205 0 0 0 0 0 8739 0 6934 0 155878 0 0 0 PART I, LINE 1A PAID AIR TICKET FOR SPOUSE TO ATTEND A CONFERENCE EVERY OTHER YEAR WITH HEAD OF SCHOOL. HOUSING ALLOWANCE IS INCLUDED IN BASE COMPENSATION. PART I, LINE 4B THOMAS GILDER, HEAD OF SCHOOL, PARTICIPATES IN THE SCHOOL'S 457 F AND 403 B PLANS. THE TOTAL OF THE TWO PLANS FOR THE YEAR WAS $147,502. CITY OF LOS ANGELES ADJUSTABLE RATE CERTIFICATES OF PARTICIPATION 956000735 544358P99 2007-07-19 20000000 CAPITAL EXPANSION AND REFUNDING OF 1999 BOND ISSUE OF $4,050,000. 0 0 0 20000000 3392872 343476 16263651 2009 1 0 1 1 0 0 0 0 1 0 1 1 US BANK 10.000000000000 0 0 0 0 0 STEVEN KIERMAN GENERAL X 13000 2000 0 1 1 RAYMOND FRIEND GENERAL X 13000 1000 0 1 1 SHARON PEARLINE GENERAL X 13000 1000 0 1 1 ERIC MANDEL GENERAL X 13000 1000 0 1 1 TONY DE LOS REYES GENERAL X 3000 3000 0 1 1 8000 X 9 555793 FMV 0 1 1 THIRD PARTY USE: PART I, LINE 32B: BROKER HIRED TO SELL STOCK CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION SUPPLIES A COPY OF THE FORM 990 TO THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. THE REST OF THE MEMBERS OF THE BOARD OF TRUSTEES RECEIVE A COPY OF THE PUBLIC RECORD FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S BOARD OF TRUSTEES HAS ADOPTED A CONFLICT OF INTEREST POLICY TO ENSURE THAT BOARD ACTIONS ARE ADOPTED FREE FROM ANY ACTUAL OR APPEARANCE OF CONFLICT OF INTEREST. TRUSTEES ARE EXPECTED TO USE COMMON SENSE AND GOOD JUDGMENT IN THE EXERCISE OF THEIR DUTIES. WHILE THIS LIST IS NOT EXHAUSTIVE, THE FOLLOWING ARE COMMON EXAMPLES THAT COULD GIVE RISE TO A POTENTIAL OR ACTUAL CONFLICT OF INTEREST. A. A TRUSTEE OR A MEMBER OF THE TRUSTEE'S IMMEDIATE FAMILY IS RELATED TO ANY SCHOOL EMPLOYEE OR RELATIVE OF AN EMPLOYEE BY BLOOD, MARRIAGE OR DOMESTIC PARTNERSHIP WHICH EMPLOYEE OR RELATIVE COULD BE IMPACTED BY A MATTER TO BE CONSIDERED BY THE BOARD. B. A TRUSTEE, OR ANY ENTITY BY WHICH THE TRUSTEE (OR A MEMBER OF THE TRUSTEE'S IMMEDIATE FAMILY) IS EMPLOYED OR IN WHICH THE TRUSTEE HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, STANDS TO BENEFIT FROM A SCHOOL TRANSACTION, INCLUDING WITHOUT LIMITATION RECEIVING PAYMENT FROM THE SCHOOL FOR ANY CONTRACT, GOOD, OR SERVICE, OTHER THAN IN REIMBURSEMENT FOR REASONABLE EXPENSES INCURRED ON BEHALF OF THE SCHOOL. C. A TRUSTEE, OR A MEMBER OF THE TRUSTEE'S IMMEDIATE FAMILY, HAS A REAL PROPERTY INTEREST THAT COULD BE IMPACTED (EITHER POSITIVELY OR NEGATIVELY) BY THE SCHOOL'S OPERATIONS. FOLLOWING DISCLOSURE OF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, THE BOARD CHAIR SHALL DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS, AND, IF SO, THE CHAIR SHALL REFER THE MATTER TO THE EXECUTIVE COMMITTEE WHICH SHALL DETERMINE HOW BEST TO PROTECT THE SCHOOL'S INTEREST. THE CHAIR OF THE BOARD SHALL DISCLOSE HIS OR HER OWN ACTUAL OR POTENTIAL CONFLICTS OF INTEREST TO THE REMAINDER OF THE EXECUTIVE COMMITTEE, WHO SHALL DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS AND, IF SO, REFER THE MATTER TO THE EXECUTIVE COMMITTEE, WHICH SHALL DETERMINE HOW BEST TO PROTECT THE SCHOOL'S INTEREST. EACH TRUSTEE MUST SIGN AND DATE THIS POLICY ANNUALLY, AT OR BEFORE THE FIRST FALL BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL USES THE BENCHMARKING TOOL PROVIDED BY NAIS TO COMPARE AND EVALUATE THE COMPENSATION PACKAGES OF SIMILAR POSITIONS IN THE AREA. IN ADDITION, THE SCHOOL HIRES AN INDEPENDENT CONSULTANT THAT EVALUATES THE COMPENSATION PACKAGES OF SEVERAL HEADS OF SCHOOL IN THE AREA. THE EXECUTIVE COMMITTEE REVIEWS BOTH REPORTS, EVALUATES THE RESULTS AND SETS THE NEW COMPENSATION FOR THE HEAD OF SCHOOL. THE HEAD OF SCHOOL REVIEWS, EVALUATES AND DECIDES THE COMPENSATION PACKAGES OF THE KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE SCHOOL MAKES ITS 990 AVAILABLE FOR PUBLIC INSPECTION WITHOUT CHARGE DURING REGULAR BUSINESS HOURS AT THE BUSINESS OFFICE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -82,182. CHANGE IN VALUATION INTEREST RATE SWAP -144,174. DINNER & AUCTION EXPENSES 210,480. TOTAL TO FORM 990, PART XI, LINE 5: -15,876. FORM 990, PART XII, LINE 2C PROCESS HAD NOT CHANGED FROM PRIOR YEAR.