2013-04-24T16:27:05-07:00 2011-06-30 David A Feldman CPA Inc 11845 W OLYMPIC BLVD STE 845 LOS ANGELES CA 900641163 990 2010-07-01 954823489 New Roads School NEWR 3108285582 3131 Olympic Blvd Santa Monica CA 90404 Adrienne McCandless 2013-04-24 David A Feldman 3108269116 2010 2016-03-07 17:11:31Z X 41019954 false false X www.newroads.org X CA Operate an independent school. X 22 22 223 0 2644625 5620964 17720104 18846762 9555 10231 -147178 16496136 20227106 40974093 6954010 7818910 0 8243877 9078410 0 982669 3462432 3877003 18660319 20774323 1566787 20199770 16684003 39392735 7733403 10180882 8950600 29211853 Operate an independent school. false false 17521908 7818910 18108743 A co-educational non-sectorian, college preparatory school; grades K - 12. Serving 654 students. 17521908 true true false false false false false true false true true false false false true false true false true false false false false false true false false false true true true false false false false false false false false false false true false false true false true true true false false true 60 0 false 223 true false false false false false false false false false false false 0 false false false false false false false false false false false X 22 22 true false false false false false false true true false false false false true true true true true true false true false CA X Adrienne McCandless 3108285582 3131 Olympic Blvd Santa Monica CA 90404 Tory Metzger 2.00 X 0 0 0 Suzy Cameron 2.00 X 0 0 0 Sonia Molina 2.00 X 0 0 0 Sean Scott 2.00 X 0 0 0 Santiago Rosales 2.00 X 0 0 0 Sam Mudie 2.00 X 0 0 0 Rick Rappaport 2.00 X 0 0 0 Paul Cummins 40.00 X 0 0 0 Patrick McCabe 50.00 X 102674 0 7500 Nat Trives 2.00 X 0 0 0 Nancy Stephens 2.00 X 0 0 0 Monica Nachsin 2.00 X 0 0 0 Laura Rosales 2.00 X 0 0 0 Karen Bass 2.00 X 0 0 0 Joe Wise 50.00 X 140474 0 8907 Janice Holland 2.00 X 0 0 0 Janene Ward 2.00 X 0 0 0 Jacqueline Pravda 50.00 X 106789 0 0 Greg Morgan 2.00 X 0 0 0 Felicia Rosenfeld 2.00 X 0 0 0 Elliot Zorensky 2.00 X 0 0 0 David Fried 2.00 X 0 0 0 David Bryan 50.00 X X X 295139 0 60716 Chris Elder 50.00 X 131525 0 8133 Cecil McNab 2.00 X 0 0 0 Carl Douglas 2.00 X 0 0 0 Barbara Lodge 2.00 X 0 0 0 Art Antin 2.00 X 0 0 0 Amy Simons 50.00 X 100029 0 3057 Adrienne McCandless 50.00 X X X 172523 0 10687 Ador Lazar 2.00 X 0 0 0 1049153 99000 7 false true false 0 184649 5436315 5620964 Tuition & fees 18108743 18108743 Student activities 627169 627169 Miscellaneous 55077 55077 Increase in CSV 55773 55773 18846762 7478 7478 0 0 10500 6527 3973 3973 3973 2753 2753 2753 2753 12850 184649 39334 -26484 -26484 0 0 Gain on dissolution-NLC 16518647 16518647 16518647 40974093 18846762 16506367 0 7818910 7818910 0 0 1148153 524361 379023 244769 0 7930257 6310648 1220582 399027 0 0 0 0 0 0 0 0 0 0 0 467344 351910 82253 33181 0 0 1227705 924462 216076 87167 0 0 0 238818 179830 42032 16956 0 611506 460464 107625 43417 184230 138725 32424 13081 Telephone 95173 71665 16751 6757 Student activities 304940 304940 Security 109855 82720 19335 7800 Professional & contract fees 99230 74720 17464 7046 Fundraising expenses 98146 98146 440056 278553 136181 25322 20774323 17521908 2269746 982669 X 1042974 3375929 0 830595 1696428 137264 151332 0 0 0 0 594845 918234 35113015 2046462 3223419 33066553 316033 113204 0 0 0 10538873 71055 16684003 39392735 1099967 1246937 1208092 3456733 4510099 4517672 915245 959540 7733403 10180882 X 7899458 26764147 801142 2197706 250000 250000 8950600 29211853 16684003 39392735 X 20199770 61483 X false true true X false false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9500 X false 25000 25000 250000 250000 250000 250000 1.00000 false false false 13012841 13012841 1393094 918403 474691 2655543 291072 2364471 1015211 647648 367563 17036326 189339 16846987 33066553 Loans payable 598775 Deferred compensation 360765 959540 40974093 20774323 20199770 34999 26484 61483 20261253 41042103 34999 33011 68010 40974093 40974093 20780850 6527 6527 20774323 20774323 Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S Rental expenses included in Part VIII $6527 Part XII, Line 2d Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990 Various $33011 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances Net loss from fundraising activities $26484 Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. The earnings on the permanent endowments are to be used for financial aid for domestic students and faculty development. Part III, Line 4 Part III, Line 4: Description of organization's collections and how it furthers its purpose. Maestro James Conlon has chosen New Roads School to curate and catalog his extensive and diverse personal collection of LPs for an audio library that will be accessible to the public. The School will be digitally cataloging the collection of almost 2,000 original recordings. This will enable the music program to increase its diversity which is an integral part of the education provided by New Roads School. true true true true true true true false false false false false false false false false false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Advertisements are published in local newspapers which include our racially nondiscriminatory policy. X X X X X X false CA Annual fundraiser-Kaliedoscope 160541 147691 12850 4593 10717 19574 250 Homecoming 36958 36958 650 3550 197499 184649 12850 5243 14267 19574 250 39334 -26484 true X 0 0 Financial aid 370 7818910 N/A Reduced tuition Additional Supplemental Information Financial aid is granted to students based on financial need on a non-discriminatory basis as determined by the Financial Aid Committee. No cash is awarded, reduced tuition only. X X X X false false false false false false false false false false David Bryan 289139 6000 46016 14700 355855 Adrienne McCandless 172523 10687 183210 CA Municipal Finance Auth 201563466 2010-12-30 13000000 Revenue Bds-Educational Villag false false false 13000000 295986 12704014 false false false true false false false false 0.00000 0.00000 0.00000 false false true false false false false X 14 269693 Fair Mkt Value false true false 100% ownership interest in New Land Company, LLC 2011-01-12 7830540 form K-1 954823489 New Roads School 3131 Olympic Blvd Santa Monica CA 90404 501 (c)(3) false false false false Sch N, Part III, Additional Information New Roads School and New Visions Foundation (also a 501(c)(3) tax-exempt organization) each owned 50% of New Land Company, LLC (NLC). NLC was formed in 2008 to develop land it owned for New Roads School and other entities with related missions and furthering their educational outreach. The LLC was operated exclusively to further the educational and charitable purposes of its two members. The only significant activity of the LLC was in planning the development. There was no income. On December 30, 2010 New Roads School purchased the 50% of NLC owned by New Visions Foundation. At that point New Roads School owned 100% of NLC. On January 12, 2011 NLC was dissolved and all assets, consisting only of land and building, were distributed to New Roads School.This is the same transaction reported in Schedule R. Joint Venture Part VI, line 16b New Roads School enterened into a joint venture agreement with another 501(c)(3) organization, New Visions Foundation, also an educational entity, by forming a limited liability company (LLC) to develop an educational village for the purposes of housing themselves and other exempt organizations with related missions and furthering their educational outreach. The LLC was operated exclusively to further the educational and charitable purposes of its two members. The only significant activity of the LLC was in planning the development. There was no income. Ground breaking for the Village began in December 2010. Although a written policy or procedure to evaluate New Roads School's participation in the joint venture and safeguard it's income tax exemption is no longer necessary as the joint venture dissolved January 12, 2011, procedures were followed to do so.This is the same transaction reported in Schedules N and R. Form 990, Schedule K, Part III, Line 7 As of the date of this return, the organization had not formally adopted separate management practices and procedures to ensure the post-issuance compliance of its tax-exempt liabilities, other than those procedures contained in the bond documents. On March 13, 2013, the organization adopted a written post-issuance compliance policy and procedures for tax-exempt bonds to ensure post-issuance compliance for its tax-exempt liabilities, which includes procedures for timely identifying and correcting any violations of federal tax requirements. Form 990, Schedule K - Supplemental Information on Tax-Exempt Bonds Schedule K has been completed and is being filed in connection with this amended return. Schedule K was not included as part of the originally filed form 990. Form 990, Part IV, Line 24 - Tax-Exempt Bonds The responses for Part IV, Line 24 are being modified to reflect the existence of tax-exempt obligations of New Roads School. Form 990 Part VI, Section A New Roads School has an Executive Committee that is comprised of ten elected officers of the board of trustees. It meets no fewer than monthly from September to June. The Executive Committee provides oversight and counsel for major operational, financial and capital issues, including executive compensation and strategic planning. Amended Explanation Form 990 is being amended to include Schedule K which was inadvertently not included as part of the originally filed return. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The following organizational documents of New Roads School are available for inspection or copying at the organization's office during normal business hours at no charge, except for a nominal copying fee:1) Tax Exemption Application2) IRS Determination letter3) Articles of Incorporation4) By-Laws5) Form 990 and audited financial statements for the most recent and prior two years. 6) Conflict of interest policy.The public inspection copy of the Form 990 will not include Schedule A excess contributors or the Schedule B.The most updated versions of all of the preceding forms will be available.When responding to a public inspection request for any organizational document or Form 990 by anyone, New Roads School will fulfill such request in a timely fashion without inquiring as to the reason for the public inspection request. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The conflict of interest policy is provided to each Trustee upon nomination. A conflict of interest disclosure form is also provided to each trustee annually who completes, signs and returns the form to the CFO. The CFO reviews each form. Any noted conflicts are brought to the attention of the President of the Board. All conflicts are then directed to the appropriate committee or brought before the entire Board for discussion and appropriate corrective action. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process Form 990 is prepared by an independent CPA who delivers a draft copy to the CFO/ Business Manager. The CFO/Business Manager reviews and discusses the forms with the CPA. Any necessary revisions are made and a final copy is delivered to the CFO. The CFO then forwards electronically to the Finance Committee members for their top-level type of review no later than one month prior to the filing deadline.After the draft of the Form 990 has been obtained by the Finance Committee, they will have no more than two weeks to complete their review. If the Finance Committee desires or deems it necessary to conduct a more detailed review of the Form 990, they will contact the CFO and preparer. Once the Finance Committee has completed it's intial review of the Form 990 a meeting or conference call will be scheduled with the preparer to discuss any questions, comments or suggested revisions they may have.After the Form 990 has been reviewed by the Finance Committee and filed with the IRS, a copy of the 990 is made available to the Board of Directors. Form 990, Part VI, Line 2 Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Paul Cummins, a Trustee, is the Executive Director of New Visions Foundation of which David Bryan, the Head of School, and Nat Trives, Trustee, are Board members. New Land Company LLC 3131 Olympic Blvd Santa Monica CA 90404 263480228 Bldg rental CA NA related -14197 false true 1 false true false false false false false false false true true false true true false false false true New Land Company LLC r 7830540 K-1 New Land Company LLC b 420538 Cash New Land Company, LLC New Roads School and New Visions Foundation (also a 501(c)(3) tax-exempt organization) each owned 50% of New Land Company, LLC (NLC). NLC was formed in 2008 to develop land it owned for New Roads School and other entities with a similar mission. On December 30, 2010 New Roads School purchased the 50% of NLC owned by New Visions Foundation. At that point New Roads School owned 100% of NLC. On January 12, 2011 NLC was dissolved and all assets, consisting only of land and building, were distributed to New Roads School.This is the same transaction reported in Schedule N.