2012-05-11T13:10:12-07:00 2011-06-30 Ryan & McDonald LLP 913 Blanco Circle Salinas CA 93901 990 2010-07-01 941218745 ROBERT LOUIS STEVENSON SCHOOL ROBE 8316258300 3152 FOREST LAKE ROAD PEBBLE BEACH CA 93953 EDWARD DIYANNI 2012-05-10 Jonathan D Ryan 8317846000 2010 2016-02-24 21:20:13Z EDWARD DIYANNI 3152 FOREST LAKE ROAD PEBBLE BEACH CA 93953 50621661 false false X www.stevensonschool.org X 1952 CA FORMAL EDUCATION 26 24 288 40 29523 -5745 3033545 5255449 22433449 23628130 1608705 885400 723375 723521 27799074 30492500 3195925 3790089 0 12797560 13495973 202029 269473 1501559 8330586 8967301 24526100 26522836 3272974 3969664 91463340 110128074 29063394 39998647 62399946 70129427 FORMAL EDUCATION false false 15440272 25190343 GRADE LEVELS - KINDERGARTEN THROUGH 12 15440272 true true false false false false false true false true true false false false true false true false true false false false true true false false false false true true true false false false false false true false true false true true false false false false false false false false false true 69 0 false 288 true true true false false false false false false false false false 0 false false false false false false false false false false false X 26 24 false false false false false false false true true false false false true true true true true true true true false false X ROBERT LOUIS STEVENSON SCHOOL 8316258300 3152 FOREST LAKE PEBBLE BEACH CA 93953 W BREWSTER ELY IV 0.00 X 0 0 0 VINCENT W H MA 0.00 X 0 0 0 THOMAS SHEPPARD 40.00 X 114263 0 101370 THOMAS F MORAN 0.00 X 0 0 0 THEODORE J DAY 0.00 X 0 0 0 TED BALESTRERI 0.00 X 0 0 0 STEVEN C ZAHM 0.00 X 0 0 0 STEVEN A MERKSAMER 0.00 X 0 0 0 STEPHEN F EIMER 0.00 X 0 0 0 RONALD PROVOST 40.00 X 108690 0 132072 RICHARD MING HSING TSAI 0.00 X 0 0 0 P ANDREW DUNIGAN 0.00 X 0 0 0 MOLLY BOZZO 40.00 X 109131 0 89782 MICHELE GROGAN WILLIAMS 40.00 X 135386 0 100757 MARY K ABERCROMBIE 0.00 X 0 0 0 MARK R HORNBERGER 0.00 X 0 0 0 JOSEPH E WANDKE 40.00 X X X 433648 0 196670 JOHN F HOTCHKIS 0.00 X 0 0 0 JEFFREY CLARK 40.00 X 150531 0 130303 JAN F CLARK 0.00 X 0 0 0 JAMES M FLAGG 0.00 X 0 0 0 GEORGE R WALKER 0.00 X 0 0 0 EDWARD DIYANNI 40.00 X X 186304 0 88299 DR MICHAEL L JACKSON 0.00 X 0 0 0 DR KLAUS J PORZIG 0.00 X 0 0 0 DOUG OTTO 0.00 X 0 0 0 DAVIS J FACTOR JR 0.00 X 0 0 0 DAVID S ROSEN 0.00 X 0 0 0 DAVID J BENJAMIN III 0.00 X 0 0 0 DAVID D COLBURN 0.00 X 0 0 0 DAVE MILLER 40.00 X 114841 0 10774 CYNTHIA CHAPMAN 0.00 X 0 0 0 CHRISTOPHER P BAUMGART 0.00 X 0 0 0 1352794 850027 8 false true false SAVORY SERVICES 3152 FOREST LAKE ROAD PEBBLE BEACH CA 93953 FOOD SERVICES 1813426 ME SOUZA CONSTRUCTION INC PO BOX 1882 MONTEREY CA 93942 CONSTRUCTION 788662 HERBIG CONSTRUCTION SERVICES INC PO BOX 173625 ARLINGTON TX 76003 CONSTRUCTION 206524 DANIELS & HOUSE CONSTRUCTION PO BOX 1470 MONTEREY CA 93940 CONSTRUCTION 595256 CHANGING OUR WORLD 220 EAST 42ND ST 7TH FLOOR NEW YORK NY 10017 FUNDRAISING CONSULT 246070 10 5255449 336058 5255449 TUITION, ROOM, & BOARD 23628130 23628130 23628130 854292 853663 629 0 623 623 302702 137179 165523 165523 150220 -1882 17185 20021790 1300 19982437 9545 39353 -8245 31108 22518 8590 0 0 0 TRANSPORTATION 220415 220415 TEXTBOOK 61822 61822 SUMMER SESSION 125105 125105 150033 128470 21563 557375 30492500 25190343 29523 17185 0 3587239 3587239 202850 202850 0 1185354 896418 288936 0 8844883 5915726 2460653 468504 1058666 666421 322365 69880 1699431 1156773 461295 81363 707639 430908 228093 48638 0 0 0 0 269473 269473 0 48564 48564 0 0 0 0 0 15700 15700 0 0 480823 480823 0 2159938 2159938 551371 551371 UTILITIES 596763 596763 LEGAL AND ACCOUNTING 348593 348593 INSTRUCTIONAL 952272 952272 FOOD SERVICES 1403390 1403390 ATHLETICS 362333 362333 2047554 165597 1622892 259065 26522836 15440272 9581005 1501559 0 302503 10388201 1471249 2732646 443724 804444 308570 231970 0 0 0 2369851 2612933 69181562 21444583 46860058 47736979 30669913 36127260 3849483 4325432 0 0 5187989 5168209 91463340 110128074 713085 942348 13000000 28300000 5000000 10350309 10756299 29063394 39998647 X 46840433 50167309 7026320 10804972 8533193 9157146 62399946 70129427 91463340 110128074 X 3969664 3759817 X X false true true X false false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false 12934717 203661 2674517 420510 15392385 11554143 134226 1686277 439929 12934717 15339901 217661 -3555180 448239 11554143 0.00310 0.59490 0.40200 true false false 6646542 6646542 47963492 15124035 32839457 3325171 1498405 1826766 4406402 3142278 1264124 6839955 1679865 5160090 47736979 OTHER SECURITIES 2746014 F VENTURE INVESTMENT ASSOCIATES VI LP 436591 F SALARIES & RELATED EXP'S. 127963 DEPOSITS 4610925 DEFERRED INCOME 481819 DEFERRED COMPENSATION LIABILITY 5244556 AGENCY FUNDS 291036 10756299 30492500 26522836 3969664 3759817 3759817 7729481 34662893 3779224 422472 4201696 30461197 31303 31303 30492500 26933412 437254 437254 26496158 26678 26678 26522836 Part XIII, Line 4b Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S EXPENSES RELATED TO UNRELATED BUS INCOME $26678 Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S ALLOWANCE FOR DOUBTFUL ACCOUNTS $-60300 NONQUALIFIED DEFERRED COMP EXPENSE $497554 Part XII, Line 4b Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S TAX TO BOOK DIFF-VENTURE INVEST SCH K-1 $31381 TAX TO BOOK DIFF-BRENTWOOD GARDENS $-78 Part XII, Line 2d Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990 UNREALIZED GAIN IN CHARITABLE REM TRUST $422472 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances TAX TO BOOK DIFF FROM K-1 $0 NET UNREALIZED GAIN ON INVESTMENTS $3779224 UNREALIZED GAIN IN CHARITABLE REMAINDER TRUST $422472 ALLOWANCE FOR DOUBTFUL ACCOUNTS $60300 NONQUALIFIED DEFERRED COMP EXPENSE $ -497554 TAX TO BOOK DIFF FROM K-1 $ -4625 Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. THE SCHOOL'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING FINANCIAL AID, FACULTY ENRICHMENT, AND GENERAL OPERATIONS. Part III, Line 1a Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o THE ART AND RARE BOOKS COLLECTION IS USED FOR DECORATION IN KEY BUILDINGS AROUND CAMPUS AND TO FURTHER STUDENTS AND THE COMMUNITY'S KNOWLEDGE AND APPRECIATION OF THE CULTURE, HISTORY AND TRADITIONS OF THE SCHOOL, ITS NAMESAKE AND THE GEOGRAPHIC AREA IN WHICH IT IS LOCATED. true true true true true true true false false false false false false false false false false true X NONCASH FINANCIAL AID EAST ASIA/PACIFIC 9 202850 REDUCTION IN TUITION TO ATTEND SCHOOL IN U.S. BOOK false false false true false false X X X X X true CHANGING OUR WO 220 E 42ND ST NEW YORK NY 10017 FUNDRAISING false 246070 246070 CA true X 0 0 FINANCIAL AID 160 3587239 FMV FINANCIAL AID X X true true X X X X X X false true false false false false false false false false THOMAS SHEPPARD 99418 14845 13420 87950 215633 RONALD PROVOST 100130 8560 12650 119422 240762 MOLLY BOZZO 109131 15565 74217 198913 MICHELE GROGAN WILLIAMS 121888 13498 21450 79307 236143 JOSEPH E WANDKE 295233 30000 108415 108000 88670 630318 JEFFREY CLARK 128531 22000 17380 112923 280834 EDWARD DIYANNI 186304 28500 59799 274603 Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. CA ENTERPRISE DEVELOP AUT 352273601 13067RBL6 2011-03-10 15300000 CONSTRUCTION PROJECTS false false false 15300000 5174080 178 288477 8370944 932977 false false false true false false false false false true false true false false false false JOSEPH WANDKE PURCHASE RESIDENCE X 750000 231970 false true true 231970 MARK HORNBERGER CO-OWNER BOARD MEMBER 219051 ARCHITECTURAL SERVICES false HORNBERGER WORSTELL INC false X 14 336058 FMV false true true Part I, Line 32, Hire and Use of Third Parties THE SCHOOL USES A STOCKBROKER TO SELL NON-CASH CONTRIBUTIONS OF STOCK CONTRIBUTED TO THE SCHOOL. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THROUGH THE FORM 990. NO OTHER DOCUMENTS OR POLICIES ARE DISCLOSED. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees 15A. THE COMPENSATION OF THE SCHOOL'S PRESIDENT IS REVIEWED ANNUALLY BY THE BOARD'S COMPENSATION COMMITTEE AND SUBMITTED FOR APPROVAL TO THE BOARD OF TRUSTEES. IN THIS REGARD, THE COMMITTEE REVIEWS THE SCHOOL'S PERFORMANCE IN KEY OPERATING AREAS AGAINST ESTABLISHED GOALS AND OBJECTIVES AND DISCUSSES THE RESULTS WITH THE SCHOOL'S CHIEF FINANCIAL OFFICER. IN ADDITION, THE COMMITTEE RECEIVES A "SAFE HARBOR LETTER" FROM AN INDEPENDENT AND HIGHLY REGARDED COMPENSATION EXPERT WHOSE DATABASE OF INFORMATION INCLUDES APPLICABLE COMPARABILITY DATA FOR OTHER PEER SCHOOLS. THE COMMITTEE ANALYZES AND DISCUSSES THIS DATA AS WELL AS THE SCHOOL'S OPERATING PERFORMANCE, DOCUMENTS THEIR CONCLUSIONS AND MAKES A RECOMMENDATION TO THE FULL BOARD AS TO THE PROPER LEVEL OF COMPENSATION FOR THE PRESIDENT.15B. COMPENSATION OF THE SCHOOL'S OTHER KEY EMPLOYEES (E.G. CHIEF FINANCIAL OFFICER, DIRECTOR OF ADVANCEMENT, DIRECTOR OF ADMISSION, HEADS OF UPPER AND LOWER SCHOOLS, ETC.,) IS DETERMINED BY THE SCHOOL PRESIDENT. IN MAKING HIS DECISION ON COMPENSATION, THE PRESIDENT UTILIZES BENCHMARK COMPENSATION DATA RECEIVED FROM INDEPENDENT ORGANIZATIONS SUCH AS THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS, ETC. HE THEN REVIEWS EACH EMPLOYEES PERFORMANCE AND MAKES A FINAL DETERMINATION. THE PRESIDENT ALSO REVIEWS COMPENSATION DATA FOR KEY SCHOOL EMPLOYEES WITH THE BOARD OF TRUSTEES. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts THE AMENDED AND RESTATED BYLAWS OF THE CORPORATION (APPROVED 10/10/2008) AT ARTICLE IX, SECTION 4 PROVIDE: "NO TRUSTEE OF THIS CORPORATION NOR ANY OTHER CORPORATION, FIRM, ASSOCIATION, OR OTHER ENTITY IN WHICH ONE OR MORE OF THIS CORPORATION'S TRUSTEES ARE DIRECTORS, OFFICERS OR HAVE A MATERIAL FINANCIAL INTEREST, SHALL BE INTERESTED, DIRECTLY OR INDIRECTLY, IN ANY CONTRACT OR TRANSACTION WITH THIS CORPORATION, UNLESS (A) THE MATERIAL FACTS REGARDING THAT TRUSTEE'S FINANCIAL INTEREST IN SUCH CONTRACT OR TRANSACTION OR REGARDING SUCH COMMON DIRECTOR RELATIONSHIP OR OFFICER RELATIONSHIP ARE FULLY DISCLOSED IN GOOD FAITH AND NOTED IN THE MINUTES, OR ARE KNOWN TO ALL MEMBERS OF THE BOARD PRIOR TO THE BOARD'S CONSIDERATION OF SUCH CONTRACT OR TRANSACTION; (B) SUCH CONTRACT OR TRANSACTION IS AUTHORIZED IN GOOD FAITH BY A MAJORITY OF THE BOARD BY A VOTE SUFFICIENT FOR THAT PURPOSE WITHOUT COUNTING THE VOTES OF THE INTERESTED TRUSTEES; (C) BEFORE AUTHORIZING OR APPROVING THE TRANSACTION, THE BOARD CONSIDERS AND IN GOOD FAITH DECIDES AFTER REASONABLE INVESTIGATION THAT THE CORPORATION COULD NOT OBTAIN A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORT UNDER THE CIRCUMSTANCES; AND (D) THE CORPORATION FOR ITS OWN BENEFIT ENTERS INTO THE TRANSACTION, WHICH IS FAIR AND REASONABLE TO THE CORPORATION AT THE TIME THE TRANSACTION IS ENTERED INTO."EACH OF THE REQUIREMENTS RELATED TO BOARD DISCLOSURE, AUTHORIZATION, INVESTIGATION AND BENEFIT ANALYSIS AS DESCRIBED IN THE FOREGOING BYLAW PROVISION ARE COMPLIED WITH IN ALL INSTANCES REGARDING CONFLICTS OF INTEREST AND PERMANENTLY NOTED IN THE MINUTES OF THE BOARD OF TRUSTEES. THE BUSINESS OFFICE MONITORS KEY PRINCIPALS AND PERSONNEL INVOLVED IN ALL CONTRACTS AND TRANSACTIONS ENTERED INTO BY THE SCHOOL. ANY SITUATIONS WHICH ARE OR MIGHT BE CONSIDERED A CONFLICT OF INTEREST ARE BROUGHT TO THE ATTENTION OF THE SCHOOL PRESIDENT, BOARD CHAIRMAN AND GENERAL COUNSEL FOR APPROPRIATE CONSIDERATION, DISPOSITION, DISCLOSURE AND APPROVAL IN ACCORDANCE WITH THE SCHOOL'S POLICIES AND PROCEDURES. EFFECTIVE FEBRUARY 14, 2011, THE BOARD OF TRUSTEES OF THE SCHOOL APPROVED A RESOLUTION PROHIBITING THE SCHOOL FROM ENTERING INTO ANY NEW TRANSACTIONS WITH TRUSTEES THEN SERVING IN OFFICE (AND CONCLUDING EXISTING TRANSACTIONS WITH TRUSTEES PRIOR TO 6-30-11) IN WHICH A TRUSTEE HOLDS ANY MATERIAL FINANCIAL INTEREST EXCEPT FOR COMPENSATION CONTRACTS AND TRANSACTIONS IN THE ORDINARY COURSE OF BUSINESS WITH EMPLOYEES OF THE SCHOOL WHO ARE ALSO TRUSTEES, CONTRACTS AND TRANSACTIONS IN WHICH SERVICES ARE PROVIDED TO THE SCHOOL WITHOUT ANY FEE PAID OR ECONOMIC BENEFIT PROVIDED IN RETURN AND PURCHASE AND LEASE AGREEMENTS FOR GOODS OR PROPERTY PROVIDED TO THE SCHOOL AT OR BELOW FAIR MARKET VALUE. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process THE ORGANIZATION'S FORM 990 WAS PREPARED BY PROFESSIONAL, INDEPENDENT ACCOUNTANTS. THE BOARD OF TRUSTEES DELEGATED THE REVIEW OF FORM 990 TO THE AUDIT COMMITTEE, MEMBERS OF WHICH HAVE PRACTICAL AND/OR PROFESSIONAL EXPERTISE IN NONPROFIT MANAGEMENT, ACCOUNTING, AND FEDERAL TAX LAW GOVERNING EXEMPT ORGANIZATIONS. THIS COMMITTEE REVIEWED THE FORM 990 PREPARED BY THE ORGANIZATION'S PROFESSIONAL, INDEPENDENT ACCOUNTANTS. PRIOR TO THE ORGANIZATION SUBMITTING FORM 990 TO THE IRS, THE COMMITTEE REPORTED TO THE BOARD OF TRUSTEES THAT THE COMMITTEE HAD, TO THE BEST OF ITS ABILITY, DETERMINED THAT THE FORM 990 WAS COMPLETE, ACCURATE AND CORRECT, AND A COPY OF THE RETURN WAS PROVIDED FOR EACH BOARD MEMBER.