2013-05-13T11:26:56-05:00 2012-06-30 942513310 LAUTZE & LAUTZE 303 SECOND STREET SUITE 950N SAN FRANCISCO CA 94107 990 2011-07-01 942570257 SAN FRANCISCO DAY SCHOOL SANF 4159312422 350 MASONIC AVENUE SAN FRANCISCO CA 94118 CAROLYN SASSER 4155683620 2013-05-10 1 ROGER BULOSAN P00221282 4155436900 2011 2016-02-24 21:20:13Z DAVID JACKSON 350 MASONIC AVENUE SAN FRANCISCO CA 94118 18945960 0 X WWW.SFDS.NET X 1981 CA SAN FRANCISCO DAY SCHOOL EDUCATES, NURTURES AND INSPIRES GIRLS AND BOYS OF DIVERSE BACKGROUNDS TO ACHIEVE THEIR HIGHEST ACADEMIC AND CREATIVE POTENTIAL, TO EMBRACE VALUES AND TO BECOME ACTIVE CONTRIBUTORS TO THEIR COMMUNITIES. 22 22 140 200 0 0 9756380 3730587 10355087 10671987 344012 632351 16105 9851 20471584 15044776 1710064 1704239 0 0 8964699 9042222 0 0 476992 2688234 2880677 13362997 13627138 7108587 1417638 43878657 44768714 6031334 6636516 37847323 38132198 X SAN FRANCISCO DAY SCHOOL EDUCATES, NURTURES AND INSPIRES GIRLS AND BOYS OF DIVERSE BACKGROUNGS TO ACHIEVE THEIR HIGHEST ACADEMIC AND CREATIVE POTENTIAL, TO EMBRACE ETHICAL VALUES AND TO BECOME ACTIVE CONTRIBUTORS TO THEIR COMMUNITIES. THE SCHOOL SERVES APPROXIMATELY 400 STUDENTS, K-8 GRADES. 0 0 10666250 10671987 ACADEMIC EXCELLENCE INCLUDES WHAT IS LEARNED, HOW IT IS LEARNED, AND THE CONTEXT IN WHICH IT IS LEARNED. THE SFDS CURRICULUM IS INNOVATIVE, CHARACTERIZED BY GIFTED TEACHING AND RIGOROUS ASSESSMENT. IT PIQUES THE INTERESTS OF AND STRIVES TO ATTEND TO THE NEEDS OF EACH CHILD. SFDS PRIDES ITSELF AS A COMMUNITY OF LEARNERS IN WHICH INTELLECTUAL CURIOSITY AND LOVE OF LEARNING ARE VALUED. 10666250 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 55 0 1 140 1 0 0 0 0 0 1 1 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 CA X MS CAROLYN SASSER 4159312422 350 MASONIC AVENUE SAN FRANCISCO CA 94118 MICHAEL HALPER 5.00 X X 0 0 0 BETH BERLINER 5.00 X X 0 0 0 PETER DICKSTEIN 5.00 X X 0 0 0 CARL KAWAJA 5.00 X X 0 0 0 LAURA SPIVY 5.00 X X 0 0 0 NICOLE KRASSNER 5.00 X X 0 0 0 NANCY ADLER 5.00 X 0 0 0 KATIE ALBRIGHT 5.00 X 0 0 0 TOMMY BATTAT 5.00 X 0 0 0 ORLANDO BRAVO 5.00 X 0 0 0 LESLIE BUNIM 5.00 X 0 0 0 SANDY DEAN 5.00 X 0 0 0 FIF GHOBADIAN 5.00 X 0 0 0 ALICIA NOGALES 5.00 X 0 0 0 JENNY PEARLMAN 5.00 X 0 0 0 ANN ROBERTS 5.00 X 0 0 0 MALCOLM JOHN 5.00 X 0 0 0 KEN MCNEELY 5.00 X 0 0 0 LESLEE SUBAK 5.00 X 0 0 0 CHRISTY TRIPP 5.00 X 0 0 0 GRACE WON 5.00 X 0 0 0 MOLLY WOOD 5.00 X 0 0 0 DAVID JACKSON 40.00 X 477011 0 73016 CAROLYN SASSER 40.00 X 175360 0 19479 NANCY CLARK 40.00 X 141062 0 17069 SUE COLLENTINE 40.00 X 119314 0 16250 MELISSA BROWN 40.00 X 111730 0 15020 MARY O'BRIEN 40.00 X 105821 0 15664 KAREN RICHARDS 32.00 X 103523 0 15480 1233821 0 171978 7 0 1 0 UPTON'S CATERING 2435 LOMBARD STREET SAN FRANCISCO CA 94123 FOOD CATERING SERVICE 332498 LEDDY MAYTUM STACY ARCHITECTS 677 HARRISON STREET SAN FRANCISCO CA 94107 ARCHITECTURAL DESIGN 159972 PHIL STEVENS CONSTRUCTION CORP 324 COUNTRY CLUB DRIVE SAN FRANCISCO CA 94132 CONSTRUCTION 145665 ALL WAYS GREEN SERVICE 5901 CHRISTIE AVENUE 300 EMERYVILLE CA 94608 JANITORIAL 112122 4 312124 3418463 192483 3730587 TUITION REVENUE 611710 10339033 10339033 AFTER CARE & OTHER PRO 611710 332954 332954 10671987 221570 221570 33152 23301 9851 9851 9851 4157929 3747148 410781 410781 410781 130735 312124 130735 0 15044776 10671987 0 642202 1704239 1704239 731427 240574 490853 6747296 5285801 1128251 333244 379275 323228 50138 5909 672172 566293 79733 26146 512052 414790 78545 18717 27624 27624 38822 38822 249623 236054 7153 6416 549998 493406 17661 38931 55584 33908 21676 543030 380567 162463 154 154 1154 986 168 592906 551403 41503 26046 26046 PROFESSIONAL DEVELOPMEN 229827 213839 15988 RECRUITMENT 158955 158955 SPECIAL EVENTS 74408 41198 11491 21719 BAD DEBT 56370 56370 276176 153764 96670 25742 13627138 10666250 2483896 476992 4638210 5165408 4527055 4727517 32892 58036 250000 250000 89756 59304 17523749 8028487 9723930 9495262 20702493 19840098 2586577 2261099 1327744 2911990 43878657 44768714 1545986 1715060 4485348 4921456 6031334 6636516 X 12572465 13470990 10234440 5751968 15040418 18909240 37847323 38132198 43878657 44768714 X 1417638 -1132763 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17274812 3430635 -618834 536721 19549892 12589365 2997002 2250982 562537 17274812 9716425 50 3233415 360525 12589365 11820644 -8903 -1648827 446489 9716425 0.76000 0.24000 0 0 2023117 2023117 13406071 6615353 6790718 1976763 1413134 563629 117798 117798 9495262 LIMITED PARTNERSHIP 2261099 F 2261099 OTHER CAPITAL ASSET 829476 DESIGNATED INVESTMENT - DEFERRED COMPENSATION 587819 REAL ESTATE HELD FOR INVESTMENT 1494695 2911990 15044776 13627138 1417638 -1132763 -1132763 284875 12207774 -1132763 -1132763 13340537 1704239 1704239 15044776 11922899 0 11922899 1704239 1704239 13627138 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY 16 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES DONOR-RESTRICTED ENDOWMENT FUNDS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: INCOME TAXES 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. 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 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. THE SCHOOL'S EVALUATION ON JUNE 30, 2012 REVEALED NO TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE 2008 THROUGH 2011 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. IN ADDITION, THE 2007 THROUGH 2011 TAX YEARS 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 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,704,239. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,704,239. 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 RACIAL NON DISCRIMINATION POLICY WAS PUBLISHED IN THE SAN FRANCISCO CHRONICLE ON MAY 18, 2012. THE POLICY IS ALSO STATED IN ALL OF THE SCHOOL'S PUBLICATIONS. AUCTION 406423 294720 111703 33222 39344 7554 31583 LIBRARY PARTY 15134 14377 757 757 3 21302 3027 18275 18275 442859 312124 130735 33222 39344 7554 50615 130735 0 1 FINANCIAL AID FOR TUITION 91 1704239 FMV OF TUITION FEE TUITION DISCOUNT BASED ON FINANCIAL NEED PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANTS AND ASSISTANCE ARE GIVEN TO STUDENTS ACCORDING TO THOSE DEMONSTRATING FINANCIAL NEED. THESE GRANTS AND ASSISTANCE ARE MONITORED THROUGH AN INTERNAL EXCEL SPREADSHEET WHICH IS UPDATED YEARLY. X X 1 1 X X X X X 0 1 0 0 0 1 0 0 0 DAVID JACKSON 370211 0 0 0 106800 0 53817 0 19199 0 550027 0 0 0 CAROLYN SASSER 175360 0 0 0 0 0 12280 0 7199 0 194839 0 0 0 NANCY CLARK 141062 0 0 0 0 0 0 0 17069 0 158131 0 0 0 PART I, LINE 1A DAVID JACKSON, HEAD OF SCHOOL, RECEIVED AN ANNUAL HOUSING ALLOWANCE OF $97,680. HE ALSO HAD A DISCRETIONARY ACCOUNT FOR SCHOOL-RELATED EXPENSES OF $15,000. THE HEAD OF MIDDLE SCHOOL AND HEAD OF LOWER SCHOOL EACH HAVE A DISCRETIONARY ACCOUNT FOR SCHOOL-RELATED EXPENSES OF $3,250. PART I, LINE 4B DAVID JACKSON, HEAD OF SCHOOL, PARTICIPATES IN A TANDEM SECTION 457 NON-QUALIFIED RETIREMENT PLAN. THE SCHOOL CONTRIBUTED $50,000 FOR THE YEAR TO THIS PLAN. PART I, LINE 6 THE HEAD OF SCHOOL IS ELIGIBLE FOR A BONUS OF UP TO $55,000 AT THE SOLE DISCRETION OF THE BOARD. THE BOARD DOES REVIEW THE INSTITUTION'S NET EARNINGS AS PART OF ITS DETERMINATION OF THIS BONUS. DAVID JACKSON X 300000 250000 0 1 1 250000 SCHEDULE L, PART II ON JUNE 1, 2009, THE SCHOOL LOANED THE HEAD OF SCHOOL $300,000. THE NOTE WAS SECURED BY A DEED OF TRUST ON REAL PROPERTY AND BEARS INTEREST AT THE APPLICABLE FEDERAL RATE. PRINCIPAL IS DUE IN ANNUAL INSTALLMENTS OF $25,000 FOR 12 YEARS. INTEREST INCOME FROM THIS NOTE FOR THE YEAR ENDED JUNE 30, 2012 WAS $2,063. THERE WERE NO REPAYMENTS DURING THE YEAR ENDED JUNE 30, 2012. SUBSEQUENT TO JUNE 30, 2012, THE SCHEDULED 2012 PAYMENT WAS MADE. DURING THE YEAR ENDED JUNE 30, 2012, THE REAL PROPERTY SECURING THE NOTE RECEIVABLE WAS SOLD. THE SCHOOL AND THE HEAD ENTERED INTO A WRITTEN AGREEMENT TO RECOLLATERALIZE THE NOTE RECEIVABLE NO LATER THAN DECEMBER 31, 2011. AS OF JUNE 30, 2012, THE NOTE REMAINED UNSECURED. SUBSEQUENT TO JUNE 30, 2012, THE NOTE WAS SECURED BY A DEED OF TRUST ON REAL PROPERTY. X 17 192483 PUBLISHED PRICE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS PREPARED BY THE INDEPENDENT ACCOUNTING FIRM WHICH ALSO AUDITS THE ORGANIZATION. THE 990 IS REVIEWED BY THE SCHOOL'S DIRECTOR OF FINANCE AND OPERATIONS, AND IS ALSO REVIEWED BY THE TREASURER OF THE GOVERNING BODY BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL DISTRIBUTES THE CONFLICT OF INTEREST POLICY EVERY YEAR TO ALL MEMBERS OF THE BOARD. EACH BOARD MEMBER WILL READ THE POLICY AND SIGN OFF. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION COMMITTEE WILL REVIEW THE SALARY OF THE HEAD OF SCHOOL LOOKING AT PERFORMANCE EVALUATIONS, COMPARING SALARY TO OTHER SCHOOLS IN THE BAY AREA. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION BY CONTACTING THE SCHOOL'S BUSINESS OFFICE AND REQUESTING THEM. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,132,763. FORM 990, PART XII, LINE 2C THE PROCESS FOR SELECTION AND OVERSIGHT OF THE INDEPENDENT AUDITOR HAS NOT CHANGED SINCE THE PRIOR YEAR. 2120 GOLDEN GATE AVE LLC 350 MASONIC AVENUE SAN FRANCISCO CA 94118 454984722 REAL ESTATE INVESTMENT CA -5959 1562773 SAN FRANCISCO DAY SCHOOL