2012-05-15T10:49:23-05:00 2011-06-30 LAUTZE & LAUTZE 303 SECOND STREET SUITE 950N SAN FRANCISCO CA 94107 990 2010-07-01 942219550 DREW SCHOOL DREW 4154093739 2901 CALIFORNIA ST SAN FRANCISCO CA 94115 LINDA RIFF 4154093739 2012-05-14 1 ROGER BULOSAN 4155436900 2010 2016-02-24 21:20:13Z SAMUEL M CUDDEBACK III 2901 CALIFORNIA STREET SAN FRANCISCO CA 94115 10809279 0 X WWW.DREWSCHOOL.ORG X 1973 CA TO PROVIDE COLLEGE PREPARATORY EDUCATION. 21 19 89 40 0 0 2826648 1980722 7777724 8681313 31736 20534 24633 20332 10660741 10702901 2092438 2507174 0 0 4553280 4849616 3743 600 179110 2425510 2318308 9074971 9675698 1585770 1027203 22312999 30648938 13509266 20620121 8803733 10028817 OUR MISSION IS TO ENGAGE AND SUPPORT THE ACADEMIC TALENTS, INITIATIVE AND SELF-CONFIDENCE OF EACH OF OUR STUDENTS WHILE ENCOURAGING THEM TO BE RESPECTFUL, RESPONSIBLE CITIZENS. 0 0 7764207 2470180 8465318 PRIVATE SECONDARY SCHOOL PROVIDING COLLEGE PREPARATORY EDUCATION - DREW IS A SMALL COLLEGE PREPARATORY HIGH SCHOOL SERVING APPROXIMATELY 250 STUDENTS. 146289 24468 140520 LEARNING SUPPORT PROGRAM (TUTORING) - TUTUORING SERVICES PROVIDED TO STUDENTS WHO ATTEND DREW. TUTORING SUPPORTS COLLEGE PREPARATORY MISSION. 82349 12526 95807 DREW EDUCATION FOR ACTIVE LIFELONG LEARNING (DEALL) - EXPERIENTIAL EDUCATION COMPONENT OF COLLEGE PREPARATORY STUDIES. 7992845 1 1 0 0 0 0 0 0 1 1 1 0 0 1 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 15 0 1 89 1 0 0 0 0 0 0 0 0 0 0 X 21 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X MS LINDA RIFF 4154093739 2901 CALIFORNIA ST SAN FRANCISCO CA 94115 JAKE BENIFLAH 2.00 X 0 0 0 MOLLIE WARD BROWN 2.00 X 0 0 0 KELVIN QUAN 2.00 X 0 0 0 PAUL DANIELSEN 2.00 X 0 0 0 BONNIE FISHER 2.00 X 0 0 0 ALEXANDRIA ALBERS 2.00 X 0 0 0 MONA LESSING HARROCH 5.00 X X 0 0 0 JIM HINE 10.00 X X 0 0 0 JIMMY HORMEL 2.00 X 0 0 0 MARCY NATHAN 2.00 X 0 0 0 PHIL ARNAUTOU 2.00 X 0 0 0 JAIME PERAZA 2.00 X 0 0 0 MARY MURPHY 2.00 X 0 0 0 JEROME SAPIRO JR 2.00 X 0 0 0 ALIX MARDUEL 2.00 X 0 0 0 LEE SEWARD 5.00 X X 0 0 0 DENIS SHANAGHER 5.00 X X 0 0 0 KARENA ZAKHOUR-BACCIOCCO 2.00 X 0 0 0 JANIS MYSONA 2.00 X 0 0 0 SAMUEL M CUDDEBACKIII 40.00 X X 241679 0 73292 MARIAN FERRARA 40.00 X 87777 0 17645 LINDA RIFF 40.00 X 157996 0 10415 ELIZABETH BAIER 40.00 X 116500 0 17764 TOM WADBROOK 40.00 X 122000 0 19476 STEVE CHABON 40.00 X 100001 0 21044 JACQUES CUSIN 40.00 X 102000 0 16509 DAOUDA CAMARA 40.00 X 101800 0 11306 1029753 0 187451 7 0 1 0 HERRERO CONTRACTORS INC 2100 OAKDALE AVENUE SAN FRANCISCO CA 94124 CONSTRUCTION 717895 CALIFORNIACHOICE BENEFIT ADMINISTRATION 721 SOUTH PARKER SUITE 200 ORANGE CA 92868 BENEFIT ADMINISTRATION 455102 STAGECRAFT INDUSTRIES INC PO BOX 4442 PORTLAND OR 97208 CONSTRUCTION 356656 PCD 1032 MAXWELL DRIVE SANTA ROSA CA 95401 CONSTRUCTION 353003 FIRST NATIONAL BANK PO BOX 2814 OMAHA NE 68103 CREDIT CARD SERVICES 204877 7 53297 1927425 1980722 TUITION REVENUE 611600 8331160 8331160 OTHER PROGRAM SERVICES 611600 322627 322627 APPLICATIONS & OTHER F 611600 27526 27526 8681313 20803 20803 62229 62200 298 29 -298 -269 -269 43880 53297 43880 0 OTHER INCOME 611600 20332 20332 20332 10702901 8701645 0 20534 2507174 2507174 412825 412825 3654409 2917803 589109 147497 154924 71831 74243 8850 319647 228952 85060 5635 307811 223152 73379 11280 13486 13486 51895 51895 600 600 65689 52177 13512 9623 9623 140658 86933 53725 47485 46411 1074 367607 367607 197302 191797 3981 1524 529810 529810 306569 291796 14773 97080 97080 SUPPLIES/CURRICULUM 266482 264560 1922 EXTRA-CURRICULAR 64463 64463 PROFESSIONAL DEVELOPMEN 63245 41842 17679 3724 FINE ARTS 57170 57170 ATHLETICS 37469 37469 2275 2275 9675698 7992845 1503743 179110 709442 2880473 1612517 2344513 2181064 104216 43811 207404 199273 243350 278765 12961653 2547855 10621580 10413798 94457 116074 217437 394542 5599569 14699652 22312999 30648938 1740396 1583024 1741576 1823691 9975000 17175000 2414 1814 49880 36592 13509266 20620121 X 7641482 7536430 1162251 2492387 8803733 10028817 22312999 30648938 X 1027203 197881 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 2414 600 1814 1 1515750 1515750 1435000 80750 1515750 1444000 293000 -302000 1435000 1.00000 0 0 2441478 2441478 9632164 1846560 7785604 59455 59359 96 615008 447196 167812 213548 194740 18808 10413798 CONSTRUCTION IN PROGRESS 14699652 14699652 10702901 9675698 1027203 14 197867 197881 1225084 8437488 14 197867 43880 241761 8195727 2507174 2507174 10702901 7212404 43880 43880 7168524 2507174 2507174 9675698 PART IV, LINE 1B: THE SCHOOL ACTS AS CUSTODIAN FOR CERTAIN SCHOOL CLUBS' ASSETS. PART IV, LINE 2B: THE SCHOOL ACTS AS CUSTODIAN FOR CERTAIN SCHOOL CLUBS' ASSETS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 ENTERPRISE 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 SCHOOLS EVALUATION ON JUNE 30, 2011 REVEALED NO TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE 2007 THROUGH 2010 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. IN ADDITION, THE 2006 THROUGH 2010 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 2D - OTHER ADJUSTMENTS: SPECIAL EVENT - AUCTION EXPENSE 43,880. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND DISCOUNTS (NETTED AGAINST TUITION) 2,507,174. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT - AUCTION EXPENSE 43,880. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND DISCOUNTS (NETTED AGAINST TUITION) 2,507,174. 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 NONDISCRIMINATION POLICY WAS PUBLISHED IN THE SAN FRANCISCO CHRONICLE ON MAY 18, 2011. THE POLICY IS ALSO STATED IN ALL OF THE SCHOOL'S PUBLICATIONS. AUCTION/DINNER-DANCE 97177 53297 43880 27654 16226 97177 53297 43880 27654 16226 43880 0 1 FINANCIAL AID AWARDED TO STUDENTS 129 2507174 FAIR MARKET VALUE FINANCIAL AID AWARDED TO STUDENTS PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ALL GRANTS ARE BASED ON FINANCIAL NEED. THE SCHOOL USES AN OUTSIDE ORGANIZATION TO ANALYZE NEED. APPLICATIONS ARE SUBSTANTIATED WITH COPIES OF INCOME TAX RETURNS. X 1 1 X X X X 0 1 0 0 0 0 0 0 0 SAMUEL M CUDDEBACKIII 241679 0 0 0 0 0 38944 0 34348 0 314971 0 0 0 LINDA RIFF 157996 0 0 0 0 0 9492 0 923 0 168411 0 0 0 PART I, LINE 4B SAMUEL CUDDEBACK, HEAD OF SCHOOL ENTERED INTO A NON-QUALIFIED DEFERRED COMPENSATION AGREEMENT WITH THE SCHOOL ALSO KNOWN AS A RABBI TRUST AGREEMENT. THE INVESTED ASSETS HAVE A TOTAL FAIR MARKET VALUE OF $197,451. SAMUEL CUDDEBACK, HEAD OF SCHOOL ENTERED INTO A NON-QUALIFIED DEFERRED COMPENSATION AGREEMENT IN ACCORDANCE WITH 457(F) OF THE IRC. THE INVESTED ASSETS HAVE A TOTAL FAIR MARKET VALUE OF $18,500. CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 521598225 130795GE1 2007-06-14 9975000 ADVANCE REFUND SERIES 2000 BONDS (ISSUED 7/6/2000) AND REPAY MORTGAGE. 0 0 0 CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 521598225 2010-09-03 7200000 TO FUND CONSTRUCTION OF NEW ASSEMBLY WING. 0 0 0 9975000 746776 77000 242920 8908304 0 1 1 1 7200000 325200 191878 6146778 536144 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 DENIS SHANAGHER TRUSTEE 90685 TRUSTEE IS A PARTNER AT LEGAL FIRM, LUCE FORWARD HAMILTON & SCRIPPS LLP. CONFLICT OF INTEREST WAS FULLY DISCLOSED TO BOARD AND TRUSTEE LEFT THE ROOM DURING DISCUSSION AND VOTE. 0 BONNIE FISHER TRUSTEE 652781 TRUSTEE IS A PRINCIPAL AT SCHOOL'S ARCHITECTURAL FIRM, ROMA DESIGN GROUP. CONFLICT OF INTEREST WAS FULLY DISCLOSED TO BOARD AND TRUSTEE LEFT THE ROOM DURING DISCUSSION AND VOTE. 0 FORM 990, PART VI, SECTION B, LINE 11 POSTED TO THE BOARD WEBSITE. ALL BOARD MEMBERS NOTIFIED BY EMAIL THAT IT IS AVAILABLE. FORM 990, PART VI, SECTION B, LINE 12C IN ADDITION TO ANNUAL WRITTEN DISCLOSURE, THE BOARD CHAIR, PRESIDENT AND COMMITTEE ON TRUSTEES MONITOR ACTIVITY. ANY POTENTIAL CONLICT IS FULLY DISCLOSED TO THE BOARD AND RECORDED IN BOARD MINUTES. ANY VOTE NEEDED WOULD TAKE PLACE WITHOUT THE PRESENCE OF THE INDIVIDUAL CONCERNED. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL PAYS CAREFUL ATTENTION TO SAFE HARBOR COMPENSATION AMOUNTS FOR THE HEAD OF SCHOOL AND CFO. SOURCES TO DETERMINE APPROPRIATE COMPENSATION LEVELS INCLUDE NATIONAL, STATE, AND REGIONAL INDUSTRY COMPENSATION SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 14. DONATED SERVICES AND USE OF FACILITIES: 197,867. TOTAL TO FORM 990, PART XI, LINE 5: 197,881.