2012-05-04T11:22:01-05:00 2011-06-30 ARMANINO MCKENNA LLP 12667 ALCOSTA BOULEVARD SUITE 500 SAN RAMON CA 945834427 990 2010-07-01 237313754 SAN FRANCISCO UNIVERSITY HIGH SCHOOL SANF 4154473100 3065 JACKSON ST SAN FRANCISCO CA 94115 JAMES F CHESTNUT 4154473110 2012-05-02 1 LYNN HENLEY 9257902600 2010 2016-02-24 21:20:13Z MICHAEL DIAMONTI 3065 JACKSON ST SAN FRANCISCO CA 94115 19736774 0 X WWW.SFUHS.ORG X 1973 CA SAN FRANCISCO UNIVERSITY HIGH SCHOOL IS AN INDEPENDENT SECONDARY SCHOOL. 26 26 192 100 0 0 3070970 4110237 13019431 13454192 501073 507115 156457 172439 16747931 18243983 2135399 2137548 0 0 9288555 10128362 0 0 1074232 5884626 5544974 17308580 17810884 -560649 433099 61787487 64275479 21002860 18885248 40784627 45390231 X SAN FRANCISCO UNIVERSITY HIGH SCHOOL IS AN INDEPENDENT SECONDARY SCHOOL SERVING APPROXIMATELY 400 STUDENTS PER YEAR. THE SCHOOL OFFERS A RIGOROUS COLLEGE PREPORATORY CURRICULUM TO A DIVERSE STUDENT BODY. APPROXIMATELY 100 STUDENTS MATRICULATE TO A BROAD RANGE OF COLLEGES AND UNIVERSITIES EACH YEAR. 0 0 14289220 2137548 13363356 SAN FRANCISCO UNIVERSITY HIGH SCHOOL IS A FULLY INDEPENDENT ORGANIZATION FORMED FOR THE SOLE PURPOSE OF PROVIDING A RIGOROUS COLLEGE PREPARATORY HIGH SCHOOL EDUCATION TO A ETHNICALLY, CULTURALLY, AND ECONOMICALLY DIVERSE STUDENT BODY OF APPROXIMATELY 400 STUDENTS ANNUALLY. THE SCHOOL OFFERS A RICH CURRICULUM IN ENGLISH, HISTORY, LANGUAGES, MATH, SCIENCE AND THE ARTS. THE PERFORMING ARTS CURRICULUM INCLUDES VOCAL, INSTRUMENTAL AND THEATRICAL COURSES. THE STUDIO ARTS CURRICULUM INCLUDES COURSES IN DRAWING, PAINTING, PHOTOGRAPHY AND CERAMICS. THE SCHOOL ALSO SPONSORS A WIDE RANGE OF INTERSCHOLASTIC ATHLETIC PROGRAMS FOR BOYS AND GIRLS IN THIRTEEN SPORTS. ALL STUDENTS ALSO PARTICIPATE IN THE COMMUNITY SERVICE LEARNING PROGRAM. APPROXIMATELY 100 STUDENTS GRADUATE EACH YEAR WITH 100% GOING ON TO HIGHER EDUCATION. 386975 579120 SUMMERBRIDGE SAN FRANCISCO IS A TUITION-FREE ACADEMIC ENRICHMENT AND ADVOCACY PROGRAM FOR APPROXIMATELY 120 MOTIVATED BUT UNDERSERVED MIDDLE SCHOOL STUDENTS ANNUALLY. THE PROGRAM INCLUDES A FULL-TIME SUMMER ACADEMIC PROGRAM AND A REGULAR SCHOOL YEAR SUPPORT AND ENRICHMENT PROGRAM. DURING THE SUMMER, STUDENTS TAKE CLASSES IN MATH, WRITING, SOCIAL STUDIES, LANGUAGES, SCIENCE, PUBLIC SPEAKING, HEALTH AND ENVIRONMENTAL EDUCATION, AS WELL AS ELECTIVES IN THE ARTS AND ATHLETICS. THE SCHOOL YEAR PROGRAM FEATURES ENRICHMENT COURSES IN MATH AND ENGLISH, AFTER SCHOOL TUTORING, HIGH SCHOOL COUNSELING AND SECONDARY SCHOOL ADMISSION TEST (SSAT) PREPARATION. 95% OF SUMMERBRIDGE STUDENTS ENROLL IN ACADEMICALLY RIGIROUS COLLEGE PREPARATORY HIGH SCHOOLS AND 90% GO ON TO FOUR YEAR COLLEGES. SUMMERBRIDGE ALSO EMBRACES A "STUDENTS TEACHING STUDENTS" PHILOSOPHY. MANY OF THE SUMMER COURSES ARE TAUGHT BY ENTHUSIASTIC HIGH SCHOOL AND COLLEGE STUDENTS FROM THE BAY AREA AND ACROSS THE COUNTRY. MENTORED BY A CADRE OF EXPERIENCED PROFESSIONAL TEACHERS, THESE OLDER STUDENT TEACHERS ARE INVOLVED IN ALMOST EVERY ASPECT OF THE SUMMER PROGRAM AS TEACHERS, TEACHER ASSISTANTS, AND PLANNING AND CONDUCTING ACTIVITIES, EVENTS AND FIELD TRIPS. 72% OF SUMMERBRIDGE STUDENT TEACHERS HAVE GONE ON TO WORK OR VOLUNTEER IN SCHOOLS OR OTHER ORGANIZATIONS THAT PROMOTE EDUCATIONAL EQUITY.PROGRAM EXPENSE IS DIRECT EXPENSES ONLY, WE DO NOT ALLOCATE OCCUPANCY OR OTHER INDIRECT OVERHEAD TO THIS PROGRAM.REVENUES ARE DONATIONS AND INVESTMENT EARNINGS SPECIFICALLY RESTRICTED TO THIS PROGRAM. 14676195 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 41 0 192 1 0 0 0 0 0 1 1 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X JAMES CHESTNUT CFO 4154473110 3065 JACKSON STREET SAN FRANCISCO CA 94115 BARBARA BELLA 5.00 X 0 0 0 JAMES COULTER 5.00 X 0 0 0 KRIS DAWLEY 5.00 X 0 0 0 JASON FISH 5.00 X 0 0 0 CHRIS FITZSIMMONS 5.00 X 0 0 0 JENNIFER HAGAN 5.00 X 0 0 0 HARRY HAIGOOD 5.00 X 0 0 0 PHILIP HALPERIN 5.00 X 0 0 0 LINDSAY MACE JOOST 5.00 X 0 0 0 MARK KUSHNER 5.00 X 0 0 0 DORA MAO 5.00 X 0 0 0 NICOLA MINER 5.00 X 0 0 0 MERIDEE MOORE 5.00 X 0 0 0 DIANE MORRIS 5.00 X 0 0 0 KATHRYN NYROP 5.00 X 0 0 0 DEBBIE GELLER REYNOLDS 5.00 X 0 0 0 CATHRYN SCHEMBER 5.00 X 0 0 0 JIM SHAPIRO 5.00 X 0 0 0 BILL SHEA 5.00 X 0 0 0 PAMELA TANG 5.00 X 0 0 0 PETER WALD 5.00 X 0 0 0 RICHARD WATKINS 5.00 X 0 0 0 GRANT WINFREY 5.00 X 0 0 0 GRACE YOUNG 5.00 X 0 0 0 DAN CARROLL 5.00 X 0 0 0 RANDY GRIDLEY 5.00 X 0 0 0 MICHAEL DIAMONTI 40.00 X 412250 0 89565 JAMES CHESTNUT 40.00 X 221832 0 31036 NASIF ISKANDER 40.00 X 159910 0 26610 PATRICIA FOSTER 40.00 X 145256 0 19934 INA CLARK 40.00 X 128787 0 22734 JONATHAN REIDER 40.00 X 128310 0 25218 SUSAN DAVENPORT 40.00 X 116735 0 20649 1313080 0 235746 4 0 1 0 SODEXO INC DEPT 42823 LOS ANGELES CA 900883283 FACILITIES MANAGEMENT & MAINTENANCE SERV 693722 HERRERO CONTRACTORS INC 2100 OAKDALE AVENUE SAN FRANCISCO CA 941241586 GENERAL CONSTRUCTION/RENOVATION 365700 DARIOUSH INC 6114 LA SALLE AVENUE 575 OAKLAND CA 94611 CAFETERIA SERVICE 243310 UNIVERSAL PROTECTION SERVICE PO BOX 101034 PASADENA CA 911891034 SECURITY GUARD SERVICE 174228 THE PRESIDIO TRUST PO BOX 29052 SAN FRANCISCO CA 94129 RENT OF ATHLETIC AND MEETING FACILITIES 172347 10 251000 3859237 283124 4110237 TUITION AND FEES 611710 13149125 13149125 ACTIVITY & PROGRAM FEE 611710 240375 240375 OTHER RELATED INCOME 611710 64692 64692 13454192 488284 488284 332672 424571 -91899 -91899 -91899 650000 631169 18831 18831 18831 672375 251000 407265 265110 265110 29014 29786 -772 -772 18243983 13942476 0 191270 2137548 2137548 819335 379350 332985 107000 7258232 6015437 752608 490187 486688 411563 55704 19421 995315 857590 93771 43954 568792 446574 88124 34094 7978 7978 78595 78595 269183 159175 32343 77665 1407466 1196346 140747 70373 51086 41220 6408 3458 597041 507485 59704 29852 1441828 1197949 145888 97991 ACADEMIC DEPARTMENTS 552766 552766 TRANSPORTATION 120227 120227 ADM. MISC. 113354 113354 DEAN OF FACULTY OFFICE 109886 109886 ADMINISTRATIVE SERVICES 107614 107614 687950 543079 44634 100237 17810884 14676195 2060457 1074232 547051 3049356 10180595 5959354 716760 1281999 763619 538658 12497 15781 160484 497353 44708743 14169409 31522690 30539334 17850544 22371716 33247 21928 61787487 64275479 1453034 1376078 6752800 6737820 11807359 9919332 989667 852018 21002860 18885248 X 13375382 14700963 9222440 11368801 18186805 19320467 40784627 45390231 61787487 64275479 X 433099 4172505 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22428592 1423838 4522068 1120000 27254498 21031272 826024 1671900 1100604 22428592 27351346 54367 -5356034 1018407 21031272 0.03880 0.70890 0.25230 0 0 2828866 2828866 39931588 12444338 27487250 1948289 1725071 223218 30539334 INTEREST RATE SWAP 852018 852018 18243983 17810884 433099 4172505 4172505 4605604 20715991 4172505 437051 4609556 16106435 2137548 2137548 18243983 16110387 437051 437051 15673336 2137548 2137548 17810884 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: 100% OF THE ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE CORE EDUCATIONAL MISSION OF THE SCHOOL. SOME ENDOWMENT FUNDS MAY CARRY A SECONDARY DESIGNATION OR RESTRICTION TO A PARTICULAR PURPOSE OR PROGRAM, SUCH AS FINANCIAL AID, FACULTY SUPPORT, THE ARTS PROGRAM; BUT ALL SUCH FUNDS ARE IN FURTHERANCE OF THE SCHOOL'S OVERALL EDUCATIONAL PROGRAM. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2011 AND 2010, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 407,265. COST OF GOODS SOLD 29,786. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE 2,137,548. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 407,265. COST OF GOODS SOLD 29,786. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,137,548. 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 INDEPENDENT SCHOOL BUSINESS OFFICERS ASSOCIATIONS PLACES AN AD IN THE SAN FRANCISCO CHRONICLE AND SFGATE.COM ON BEHALF OF PARTICIPATING SCHOOLS STATING THE STANDARD NON-DISCRIMINATION POLICY OF ALL THE SCHOOLS LISTED IN THE AD. THE POLICY STATES THAT THE SCHOOLS DO NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, ETHNICITY, NATIONAL ORIGIN, RELIGION, GENDER, OR SEXUAL ORIENTATION IN THE ADMINISTRATION OF ITS ADMISSIONS POLICIES, ACADEMIC POLICIES, EMPLOYMENT POLICIES, FINANCIAL AID POLICIES, AND ATHLETIC OR OTHER EXTRA-CURRICULAR ACTIVITIES. APPROXIMATELY 85 SCHOOLS PARTICIPATE IN THE AD, INCLUDING SAN FRANCISCO UNIVERSITY HIGH SCHOOL, MARIN ACADEMY, THE URBAN SCHOOL, THE BAY SCHOOL, THE ATHENIAN SCHOOL, MENLO SCHOOL, HEAD ROYCE SCHOOL, THE HARKER SCHOOL, TOWN SCHOOL THE HAMLIN SCHOOL, MARIN COUNTRY DAY SCHOOL, SAN FRANCISCO DAY SCHOOL, AND A HOST OF OTHERS. DECORATOR SHOWCASE 923375 251000 672375 86352 84083 236830 923375 251000 672375 86352 84083 236830 407265 265110 1 FINANCIAL AID 89 2137548 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FINANCIAL AID GRANTS ARE MADE ON AN ANNUAL BASIS AND ARE FOR THE THEN SPECIFIED SCHOOL YEAR ONLY. THE GRANT TAKES THE FORM OF A DISCOUNT TO THE TUITION THEN IN EFFECT, WITH THE ONLY OBLIGATION BEING THAT THE STUDENT MAINTAIN A GOOD ACADEMIC STANDING. ACADEMIC ASSESSMENTS ARE COMPLETELY INDEPENDENT OF THE FINANCIAL AID PROCESS. IF THE STUDENT MAINTAINS THEIR ACADEMIC STANDING AND CONTINUES TO BE ENROLLED IN THE SCHOOL, THE GRANT REMAINS IN EFFECT. IF THE STUDENT WITHDRAWS FROM THE SCHOOL FOR ANY REASON, THE GRANT IS DISCONTINUED. WITH RESPECT TO THE AWARDING OF SUCH GRANTS, THE SCHOOL USES A COMMON FINANCIAL AID APPLICATION SUPPLIED BY THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS), A UNIT OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. THE APPLICATION IS SUPPLEMENTED BY COPIES OF FEDERAL TAX RETURNS AND OTHER SUPPORTING DOCUMENTATION SUBMITTED BY THE APPLYING FAMILIES. SSS ALSO PROVIDES A FINANCIAL REVIEW OF EACH APPLICATION, ASSURING THAT ALL APPLICATIONS ARE ANALYZED IN A UNIFORM AND CONSISTENT MANNER. ALL GRANTS ARE BASED STRICTLY ON NEED. A FINANCIAL AID COMMITTEE COMPOSED OF PERSONNEL FROM THE SCHOOL'S BUSINESS AND ADMISSIONS OFFICES REVIEWS EACH APPLICATION AND DETERMINES WHETHER A GRANT WILL BE OFFERED AND THE AMOUNT. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 MICHAEL DIAMONTI 357250 0 55000 0 0 0 24500 0 65065 0 501815 0 0 0 JAMES CHESTNUT 211832 0 10000 0 0 0 22183 0 8853 0 252868 0 0 0 NASIF ISKANDER 154910 0 5000 0 0 0 15990 0 10620 0 186520 0 0 0 PATRICIA FOSTER 145256 0 0 0 0 0 10168 0 9766 0 165190 0 0 0 INA CLARK 128787 0 0 0 0 0 12878 0 9856 0 151521 0 0 0 JONATHAN REIDER 128310 0 0 0 0 0 12831 0 12387 0 153528 0 0 0 PART I, LINE 1A AS A CONDITION OF EMPLOYMENT, THE SCHOOL REQUIRES THE HEAD OF SCHOOL TO LIVE IN CAMPUS HOUSING TO ALLOW RAPID RESPONSE TO EMERGENCIES, FACILITATE ATTENDANCE AT FREQUENT AFTER HOURS EVENTS AND PROGRAMS, HOST EVENING PARENT RECEPTIONS, FUNDRAISING EVENTS AND PROFESSIONAL MEETINGS/GATHERINGS, AND OTHERWISE PROVIDE FOR THE CONVENIENT AND EFFICIENT PERFORMANCE OF THE RESPONSIBILITIES OF THE POSITION. ABAG FINANCE AUTHORITY FOR NONPROFIT CORPORATIONS 943130123 00037CGQ7 2005-07-21 8315000 SERIES A - REFINANCE, ACQUISITION AND CONSTRUCTION OF REAL PROPERTY 0 0 0 ABAG FINANCE AUTHORITY FOR NONPROFIT CORPORATIONS 943130123 00037CHZ6 2006-05-11 7170000 SERIES B - RENOVATIONS VARIOUS SCHOOL FACILITIES 0 0 0 8315000 166300 97337 8051363 2006 0 0 1 1 7170000 138400 27026 7004574 2007 0 0 1 1 0 0 1 0 0 0.02000 0.02000 1 0 0 1 0 0 0.01930 0.01930 1 0 1 0 0 0 1 0 1 1 ALLIED IRISH BANK 20.000000000000 0 0 0 0 1 X 13 282474 FMV X FOOD-EVENTS 2 650 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 AND THE RELATED CALIFORNIA 199 ARE REVIEWED BY THE SCHOOL'S CHIEF FINANCIAL OFFICER AND ARE THEN PRESENTED FOR REVIEW TO THE MEMBERS OF THE FINANCE COMMITTEE. UPON ACCEPTANCE BY THE FINANCE COMMITTEE, THE CHIEF FINANCIAL OFFICER SIGNS AND SUBMITS THE TAX FORMS. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S CONFLICT OF INTEREST POLICY COVERS ALL TRUSTEES, OFFICERS, EMPLOYEES AND VOLUNTEERS. THE POLICY IS DESIGNED TO IDENTIFY AND ADDRESS ALL SITUATIONS IN WHICH A COVERED PERSON HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IN THE OUTCOME OF A TRANSACTION OR ARRANGEMENT WITH THE SCHOOL. COVERED PERSONS ARE EXPECTED TO VOLUNTARILY REPORT POTENTIAL CONFLICTS OF INTEREST TO THE CHAIR OF THE BOARD OR THE EXECUTIVE COMMITTEE OF THE BOARD. OTHER PARTIES MAY ALSO REPORT POTENTIAL CONFLLICTS OF INTEREST TO THE BOARD CHAIR OR THE EXECUTIVE COMMITTEE. THE FULL BOARD OF TRUSTEES IS THE FINAL ARBITOR OF WHETHER A CONFLICT OF INTEREST EXISTS. IF THE BOARD DETERMINES THAT A CONFLICT EXISTS, IT SHALL REQUIRE THAT THE PERSON INVOLVED IN THE CONFLICT RECLUSE THEMSELVES FROM ALL DISCUSSION AND VOTE ON THE TRANSACTION OR ARRANGEMENT INVOLVED. THE BOARD, UPON MAJORITY VOTE, MAY PROCEED WITH THE TRANSACTION OR ARRANGEMENT IF, AFTER ADDITIONAL DUE DILIGENCE, IT IS DETERMINED THE TRANSACTION OR ARRAQNGEMENT IS IN THE BEST INTERESTS OF THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE HEAD OF SCHOOL AND CHIEF FINANCIAL OFFICER ARE DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE COMPENSATION COMMITTEE ENGAGES THE SERVICES OF AN INDEPENDENT CONSULTANT TO REVIEW THE DUTIES OF THE POSITIONS, DEVELOP AND EXAMINE COMPENSATION DATA FROM SIMILAR ORGANIZATIONS, AND MAKE RECOMMENDATIONS TO THE COMMITTEE. THE COMMITTEE THEN DETERMINES THE COMPENSATION OF THE INCUMBANTS IN THESE TWO POSITIONS. THIS PROCESS WAS LAST COMPLETED IN MAY, 2011. THE INDEPENDENT CONSULTANT WAS LITTLEFORD & ASSOCIATES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FROM THE SCHOOL'S BUSINESS OFFICE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 4,172,505. FORM 990, PART XI, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, SCHEDULE K, PART IV, LINE 2C, COLUMN B: THE ORGANIZATION HAS IDENTIFIED A HEDGE WITH RESPECT TO THE BOND ISSUE ON ITS BOOKS AND RECORDS. THE TERM OF THE HEDGE IS 10 YEARS FOR 50% OF THE BOND AND 20 YEARS FOR THE REMAINING 50%. 3150 CALIFORNIA STREET LLC 3065 JACKSON STREET SAN FRANCISCO CA 94115 237313754 HOLDS REAL ESTATE CA 332672 7089203