2012-05-14T16:36:47-05:00 2011-06-30 STANISLAWSKI & HARRISON CPAS 301 N LAKE AVE SUITE 900 PASADENA CA 91101 990 2010-07-01 237120625 CROSSROADS SCHOOL FOR ARTS & SCIENCES CROS 3108297391 1714 21ST STREET SANTA MONICA CA 90404 BARBARA S WHITNEY 3108297391 2012-05-14 1 BARED DILACAR 6267933600 2012-05-14 2010 2016-02-24 21:20:13Z BARBARA S WHITNEY 1714 21ST STREET SANTA MONICA CA 90404 41968101 0 X WWW.XRDS.ORG X 1971 CA CROSSROADS IS AN INDEPENDENT SCHOOL FOR APPROXIMATLY 1150 STUDENTS. 24 24 598 450 0 0 4546801 4345982 33596706 35457048 476673 976915 318840 382365 38939020 41162310 4752855 5263521 0 0 23731375 24346142 0 0 1798539 7787433 8509994 36271663 38119657 2667357 3042653 71290222 81395264 18998862 24754204 52291360 56641060 OPERATION OF PRIVATE SCHOOL GRADES KINDERGARTEN THROUGH TWELFTH WITH APPROXIMATELY 1150 STUDENTS. 0 0 33639233 5263521 35457048 THE CROSSROADS SCHOOL FOR ARTS AND SCIENCES (THE "SCHOOL") FOUNDED IN 1971, IS AN INDEPENDENT SCHOOL FOR APPROXIMATELY 1150 STUDENTS IN GRADES KINDERGARTEN THROUGH 12, WITH TWO CAMPUSES IN SANTA MONICA, CALIFORNIA. THE SCHOOL WAS FOUNDED UPON FIVE BASIC COMMITMENTS: TO ACADEMIC EXCELLENCE, TO THE ARTS, TO THE GREATER COMMUNITY, TO THE DEVELOPMENT OF A STUDENT POPULATION OF SOCIAL, ECONOMIC, AND RACIAL DIVERSITY AND TO THE DEVELOPMENT OF EACH STUDENT'S PHYSICAL WELL-BEING AND FULL HUMAN POTENTIAL. 33639233 1 1 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 67 0 1 598 1 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X JOON LEE 3108297391 1714 21ST STREET SANTA MONICA CA 90404 BOB FRIEDMAN 5.00 X X 0 0 0 NAT TRIVES 5.00 X X 0 0 0 BRUCE STERN 5.00 X X 0 0 0 DARLENE CHAN 5.00 X X 0 0 0 DAVID TANNENBAUM 5.00 X X 0 0 0 BOB DAVENPORT 5.00 X X 0 0 0 CHARLES BOXENBAUM 5.00 X X 0 0 0 PETER NORTON 5.00 X X 0 0 0 JOAN ABRAHAMSON 5.00 X 0 0 0 SHARON BARADARAN 5.00 X 0 0 0 MARK BIDNER 5.00 X 0 0 0 MICHELLE BROOKMAN 5.00 X 0 0 0 ANN COLBURN 5.00 X 0 0 0 BARON DAVIS 5.00 X 0 0 0 CAROL ANN EMQUIES 5.00 X 0 0 0 MARY FARRELL 5.00 X 0 0 0 NADA KIRKPATRICK 5.00 X 0 0 0 TED MILLER 5.00 X 0 0 0 IRIS MINK 5.00 X 0 0 0 DAVID OFFER 5.00 X 0 0 0 ELAINE PARKER-GILLS 5.00 X 0 0 0 LOIS REINIS 5.00 X 0 0 0 TOM WERNER 5.00 X 0 0 0 JEFF WORTHE 5.00 X 0 0 0 BOB RIDDLE 40.00 X 309157 0 27612 BARBARA WHITNEY 40.00 X 162295 0 40779 JEFFREY GUCKERT 40.00 X 136537 0 41645 JOAN MARTIN 40.00 X 128844 0 63821 GENNIFER YOSHIMARU 40.00 X 126485 0 46086 MORGAN SCHWARTZ 40.00 X 118373 0 20506 MARK GOVATOS 40.00 X 113350 0 17077 ROGER WEAVER 40.00 X 390539 0 36552 1485580 0 294078 22 1 1 0 0 648224 3697758 411464 4345982 TUITION AND FEES 611710 33495927 33495927 AUXILIARY ACTIVITIES 611710 1961121 1961121 35457048 976915 976915 439380 211903 227477 227477 227477 411467 411467 0 0 0 648224 142670 -142670 -142670 39751 39751 0 OTHER INCOME 900099 297558 297558 297558 41162310 35457048 0 1359280 5263521 5263521 483551 145065 169243 169243 20893056 19199221 819905 873930 902652 802953 48055 51644 675000 675000 1391883 1253560 64270 74053 771112 565255 138467 67390 232363 232363 52190 52190 81260 81260 44466 39185 391 4890 428786 228943 82989 116854 177568 177568 1786350 1468668 270030 47652 35388 26239 7809 1340 179388 118661 53160 7567 428444 428444 1168317 934653 198614 35050 350131 269601 70026 10504 INSTRUCTIONAL SUPPLIES 959405 803935 65098 90372 EQUIPMENT RENTAL & MAIN 355165 351059 115 3991 PRINTING AND PUBLICATIO 343892 189880 15485 138527 MEALS 338421 164975 114678 58768 REPAIRS AND MAINTENANCE 338288 292510 39996 5782 439060 240337 157741 40982 38119657 33639233 2681885 1798539 3895973 2248953 18997051 9764561 1305290 1123875 121595 119257 57344 66425 186019 172452 54118856 14494380 33683648 39624476 31728 25955121 12711574 2320144 300000 0 71290222 81395264 1568742 1255353 9829149 8477829 6325000 13826667 168065 156054 1107906 1038301 18998862 24754204 X 39902270 46452000 5091591 2819719 7297499 7369341 52291360 56641060 71290222 81395264 X 3042653 1307047 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14266607 576968 1578633 458154 15964054 12675942 43804 1699682 152821 14266607 14177863 421803 -1672203 251521 12675942 0.42000 0.12000 0.46000 0 0 19003300 19003300 22892494 5660728 17231766 5696033 4348430 1347603 5618959 4225046 1393913 908070 260176 647894 39624476 RETIREMENT AGREEMENT FOR FORMER PRESIDENT 1038301 1038301 41162310 38119657 3042653 1307047 1307047 4349700 37348506 1307047 -5263521 -3956474 41304980 -142670 -142670 41162310 32998806 142670 142670 32856136 5263521 5263521 38119657 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY 46 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING FINANCIAL AID, FACILITIES AND GENERAL OPERATIONS OF THE SCHOOL. PART XII, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -5,263,521. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -142,670. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 142,670. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,263,521. 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 SCHOOL PUBLISHED ITS RACIALLY NONDISCRIMINATORY POLICY IN THE LOCAL NEWSPAPER. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENT IN HEDGE FUNDS N/A 2320144 0 0 0 0 0 0 2320144 0 2320144 0 0 0 1 0 0 SPRING EVENT 648224 648224 30229 112441 648224 648224 30229 112441 142670 -142670 1 FINANCIAL AID 261 5263521 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FINANCIAL AID/SCHOLARSHIPS ARE GRANTED TO STUDENTS BASED ON FINANCIAL NEED AS DETERMINED BY TUITION REDUCTION FUND COMMITTEE CHAIRED BY DIRECTOR OF FINANCE AND OPERATIONS, AND ALSO ARE AWARDED ON A RACIALLY NON-DISCRIMINATORY BASIS. X 1 0 X X X X X 0 0 0 0 0 0 0 0 0 BOB RIDDLE 300000 0 0 0 9157 0 19600 0 8012 0 336769 0 0 0 BARBARA WHITNEY 162295 0 0 0 0 0 7496 0 33283 0 203074 0 0 0 JEFFREY GUCKERT 136537 0 0 0 0 0 1498 0 40147 0 178182 0 0 0 JOAN MARTIN 128844 0 0 0 0 0 11191 0 52630 0 192665 0 0 0 GENNIFER YOSHIMARU 126485 0 0 0 0 0 11101 0 34985 0 172571 0 0 0 ROGER WEAVER 0 0 0 0 390539 0 19600 0 16952 0 427091 0 0 0 PART I, LINE 1A AS STATED IN ROGER WEAVER'S CONTRACT DATED JUNE 4, 1997, THE SCHOOL PROVIDES HIM A HOUSING ALLOWANCE INCLUDING REASONABLE MAINTENANCE EXPENSES. THE SCHOOL IS PERMITTED TO USE HIS HOUSE FOR SCHOOL EVENTS AS DESCRIBED IN THE CONTRACT. IN 2010, MR. WEAVER'S HOUSING ALLOWANCE WAS $106,620, WHICH IS REPORTED ON SCHEDULE J, PART II, COLUMN B(III), OTHER REPORTABLE COMPENSATION. CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2010-11-05 14000000 PAYOFF OLD BOND AND PURCHASE NEW BUILDING. 1 0 0 14000000 5485312 275000 8239688 1 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 X 7 411464 FAIR MARKET VALUE. 0 1 1 THIRD PARTY USE: PART I, LINE 32B: THE SCHOOL USES BROKERAGE COMPANIES TO SELL STOCK CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 WAS REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD ALONG WITH THE CHAIR OF THE FINANCE COMMITTEE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR A QUESTIONNAIRE IS DISTRIBUTED TO THE BOARD MEMBERS AND OFFICERS REQUESTING DISCLOSURE OF POSSIBLE CONFLICTS OF INTEREST. WHEN POSSIBLE, DISCLOSURES ARE DIRECTED IN WRITING TO THE SECRETARY OF THE BOARD, CHAIRPERSON OR PRESIDENT WHO TOGETHER WITH THE AUDIT COMMITTEE ARE RESPONSIBLE FOR THE ADMINISTRATION OF THE POLICY. BOARD MEMBERS OR OFFICERS WHO HAVE DECLARED OR BEEN FOUND TO HAVE A CONFLICT OF INTEREST IN ANY MATTER BEFORE THE BOARD ARE REFRAINED FROM PARTICIPATING IN CONSIDERATION OF A PROPOSED TRANSACTION, UNLESS FOR SPECIAL REASONS THE BOARD REQUESTS INFORMATION OR INTERPRETATION OF THE PERSON OR PERSONS INVOLVED. THE PERSON OR PERSONS INVOLVED ARE NOT ALLOWED TO VOTE ON SUCH MATTERS AND ARE NOT ALLOWED TO BE PRESENT AT THE TIME OF VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S AND CFO'S COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD'S COMPENSATION COMMITTEE, INCLUDING COMPARISONS WITH LOCAL, REGIONAL AND NATIONAL PEER SCHOOLS; PARTICIPATION IN TWO NATIONAL EXECUTIVE COMPENSATION AND BENEFITS SURVEY PROVIDES COMPARABLE DATA. OUTSIDE COMPENSATION CONSULTANTS ARE USED. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, SECTION C, LINE 19: GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,307,047. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE OVERSEES THE ANNUAL AUDIT OF THE FINANCIAL STATEMENTS.