2012-05-14T18:21:33-05:00 2011-06-30 ARMANINO MCKENNA LLP 12667 ALCOSTA BOULEVARD SUITE 500 SAN RAMON CA 945834427 990 2010-07-01 952816435 MARLBOROUGH SCHOOL MARL 3239351147 250 S ROSSMORE AVENUE LOS ANGELES CA 90004 BARBARA E WAGNER 3239648433 2012-05-11 1 LYNN HENLEY 9257902600 2010 2016-02-24 21:20:13Z BARBARA E WAGNER 250 S ROSSMORE AVENUE LOS ANGELES CA 90004 27249900 0 X WWW.MARLBOROUGHSCHOOL.ORG X 1889 CA MARLBOROUGH SCHOOL IS AN INDEPENDENT, URBAN DAY SCHOOL SERVING A DIVERSE GROUP OF WOMEN. 24 24 272 100 0 0 5358100 4298900 17336700 18144000 468900 3730300 -372600 -115800 22791100 26057400 2103200 2180200 0 0 12671600 13494800 0 0 1897600 10048800 9206300 24823600 24881300 -2032500 1176100 126472100 127807400 27428500 28117500 99043600 99689900 MARLBOROUGH SCHOOL, FOUNDED IN 1889, IS AN INDEPENDENT URBAN DAY SCHOOL FOR YOUNG WOMEN. THE SCHOOL DELIVERS A SUPERIOR COLLEGE PREPARATORY EDUCATION TO APPROXIMATELY 530 STUDENTS. 0 0 20327300 2180200 18144000 MARLBOROUGH SCHOOL, FOUNDED IN 1889, IS AN INDEPENDENT, URBAN DAY SCHOOL SERVING A DIVERSE GROUP OF YOUNG WOMEN. THE SCHOOL IS COMMITTED TO DELIVERING A SUPERIOR COLLEGE PREPARATORY EDUCATION IN AN ENVIRONMENT IMBUED WITH HIGH ETHICAL VALUES. MARLBOROUGH BELIEVES THAT, FOR WOMEN, ACADEMIC EXCELLENCE, LEADERSHIP SKILLS, AND CONFIDENCE FLOURISH BEST IN A SCHOOL EXCLUSIVELY DEVOTED TO THEIR EDUCATION. THE MARLBOROUGH COMMUNITY ENABLES EACH STUDENT TO DEVELOP HER FULLEST POTENTIAL SO THAT SHE MAY CONTRIBUTE IN A GLOBAL SOCIETY. 20327300 1 1 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 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 96 0 272 1 0 1 VI 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 JULIA YZAGUIRRE ASSC DIR OF FINANCE 3239351147 250 S ROSSMORE AVENUE LOS ANGELES CA 90004 CAROL J BENNETT MD 1.00 X X 0 0 0 JAMES J SHELTON JR 1.00 X X 0 0 0 MAUREEN HAIGHT GEE 1.00 X X 0 0 0 PALMER N MURRAY 1.00 X X 0 0 0 JUDY BELK 1.00 X 0 0 0 JOHN B EMERSON 1.00 X 0 0 0 CHRISTINE C EWELL 1.00 X 0 0 0 LAURA HORTON FUREY 1.00 X 0 0 0 MICHAEL GENDLER 1.00 X 0 0 0 CATHLEEN HESSION 1.00 X 0 0 0 MARI SNYDER JOHNSON 1.00 X 0 0 0 DAVID KAPLAN 1.00 X 0 0 0 KENNETH KARMIN 1.00 X 0 0 0 LYDIA H KENNARD 1.00 X 0 0 0 LAURA NOLL LA SHELLE 1.00 X 0 0 0 JENNIFER COOK LEWIS 1.00 X 0 0 0 GRETCHEN HARTNACK MILLIGAN 1.00 X 0 0 0 MICHAEL PARKS 1.00 X 0 0 0 ROBERT RALPHS 1.00 X 0 0 0 HELEN LHO RYU 1.00 X 0 0 0 PETER SHOEMAKER 1.00 X 0 0 0 ERIC SIEGEL 1.00 X 0 0 0 KATHERINE MARIK THOMPSON 1.00 X 0 0 0 KATHY SMITH 1.00 X 0 0 0 BARBARA E WAGNER 50.00 X 356250 0 288900 NICOLA HERNANDEZ 50.00 X 252500 0 26683 LAURA HOTCHKISS 50.00 X 237350 0 25996 BOB BRYAN 50.00 X 179697 0 21185 JEANETTE WOO CHITJIAN 50.00 X 143500 0 21039 STUART POSIN 50.00 X 141400 0 16910 BETSY STEPHENSON 50.00 X 126500 0 12432 JULIE NAPOLEON 50.00 X 144085 0 17089 CHRIS TALONE 50.00 X 137712 0 15622 1718994 0 445856 19 0 1 0 PACIFIC BUILDING CARE PO BOX 80199 CITY OF INDUSTRY CA 91716 JANATORIAL SERVICES 402047 PROFESSIONAL SECURITY CONSULTANTS 425 E COLORADO BLVD SUITE 560 GLENDALE CA 91205 SECURITY 397530 TUMBLEWEED TRANSPORTATION PO BOX 49291 LOS ANGELES CA 90049 TRANSPORTATION SERVICES 390176 MATT CONSTRUCTION CORPORATION 9814 NORWALK BOULEVARD SUITE 100 SANTE FE SPRINGS CA 90670 GENERAL CONTRACTOR 343508 CISNEROS CUSTOM PAINTING 13645 OSBORNE STREET ARLETA CA 91331 PAINTING SERVICES 147625 6 4298900 289245 4298900 TUITION & FEES 611110 16118900 16118900 AUXILIARY SERVICES 611110 2025100 2025100 18144000 1166800 1166800 434700 550500 -115800 -115800 -115800 3205500 642000 2563500 2563500 2563500 26057400 18144000 0 3614500 2180200 2180200 1211604 500604 537750 173250 9847696 7937196 1056150 854350 701700 558100 81400 62200 973900 687200 140700 146000 759900 596000 91400 72500 33700 19600 11600 2500 62900 62900 99000 99000 825500 511100 53600 260800 466600 466600 1679600 1511600 134400 33600 4900 2800 1700 400 141200 114800 15900 10500 198000 151200 37400 9400 2915700 2624100 233300 58300 531500 478400 42500 10600 INSTRUCTIONAL 1520100 1520100 STUDENT ACTIVITIES 372100 372100 MISCELLANEOUS 355500 95600 56700 203200 24881300 20327300 2656400 1897600 1850 1800 14233050 15942400 3291300 1488300 129100 107500 251708 287100 85951200 16001000 74686500 69950200 31418900 34224100 1563500 4652600 896192 1153400 126472100 127807400 2500400 2392000 9900700 10698100 15027400 15027400 27428500 28117500 X 63095900 63743300 16238400 15611300 19709300 20335300 99043600 99689900 126472100 127807400 X 1176100 -529800 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 200000 X 0 38267400 626000 2719100 1360000 -555300 40807800 35108800 617500 3333100 1115300 -323300 38267400 41295900 257700 -5394000 1050800 35108800 0.18710 0.49830 0.31460 1 0 13708900 13708900 60946400 10778400 50168000 269600 269600 0 11026300 4953000 6073300 69950200 26057400 24881300 1176100 -529800 -529800 646300 23248400 -529800 -529800 23778200 2279200 2279200 26057400 22602100 0 22602100 2279200 2279200 24881300 PART III, LINE 4: THE SCHOOL POSSESSES TWO SCULPTURES WHICH WERE DONATED TO THE SCHOOL FOR THE PURPOSE OF PUBLIC DISPLAY. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE SCHOOL INTENDS TO USE THE ENDOWMENT FUNDS AS PER DONOR DESIGNATED USES, SUCH AS FINANCIAL AID, EMPLOYEE COMPENSATION AND STUDENT PROGRAMS. 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, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,180,200. INVESTMENT MANAGEMENT FEES NETTED WITH INVESTMENT INCOME 99,000. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,180,200. INVESTMENT MANAGEMENT FEES NETTED WITH INVESTMENT INCOME 99,000. 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 A "NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS" IS PUBLISHED ANNUALLY DURING THE SCHOOL'S ADMISSIONS PERIOD IN SEVERAL AREA EDITIONS OF THE LOS ANGELES TIMES AND THE DAILY NEWS. 1 FINANCIAL AID 98 2180200 FMV FINANCIAL AID FOR STUDENTS ATTENDING MARLBOROUGH SCHOOL. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE BOARD OF TRUSTEES IS RESPONSIBLE FOR THE REVIEW OF POLICIES GOVERNING FINANCIAL AID FOR STUDENTS IN THE SCHOOL. THE FINANCIAL AID COMMITTEE IS RESPONSIBLE FOR RECOMMENDING CHANGES IN POLICY TO THE BOARD FOR ITS CONSIDERATION, AS WELL AS DETERMINING THE DISTRIBUTION OF BUDGETED FINANCIAL AID FUNDS AMONG QUALIFIED APPLICANTS AND AMONG COMPETING NEEDS. THE COMMITTEE REPORTS TO THE BOARD ON A REGULAR BASIS REGARDING THE FINANCIAL AID PROCESS AND AWARD DECISIONS. X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 BARBARA E WAGNER 356250 0 0 0 0 0 194600 0 94300 0 645150 0 0 0 NICOLA HERNANDEZ 252500 0 0 0 0 0 16500 0 10183 0 279183 0 0 0 LAURA HOTCHKISS 237350 0 0 0 0 0 16500 0 9496 0 263346 0 0 0 BOB BRYAN 179697 0 0 0 0 0 12355 0 8830 0 200882 0 0 0 JEANETTE WOO CHITJIAN 143500 0 0 0 0 0 11480 0 9559 0 164539 0 0 0 STUART POSIN 141400 0 0 0 0 0 9898 0 7012 0 158310 0 0 0 JULIE NAPOLEON 144085 0 0 0 0 0 8581 0 8508 0 161174 0 0 0 CHRIS TALONE 137712 0 0 0 0 0 7140 0 8482 0 153334 0 0 0 PART I, LINE 1A THE SCHOOL FURNISHES AN ON-CAMPUS RESIDENCE TO THE HEAD OF SCHOOL WHERE SHE RESIDES AS A CONDITION OF HER EMPLOYMENT FOR THE SCHOOL'S CONVENIENCE. HOUSECLEANING AND LANDSCAPING SERVICES TO MAINTAIN THE RESIDENCE ARE ALSO PROVIDED. IN ADDITION, THE SCHOOL REQUIRES THAT THE HEAD OF SCHOOL BECOME A MEMBER OF A SOCIAL CLUB FOR THE PURPOSE OF CULTIVATING DONOR RELATIONSHIPS FOR WHICH THE SCHOOL PAYS THE ANNUAL DUES. ALL OF THE AFOREMENTIONED ITEMS ARE NOT TREATED AS TAXABLE COMPENSATION. PART I, LINE 4B BARBARA WAGNER, HEAD OF SCHOOL, PARTICIPATES IN A 457(F) DEFERRED COMPENSATION PLAN. $175,000 WAS ACCRUED IN THE FUND DURING 2010. CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK 630304653 2008-06-04 25000000 CONSTRUCTION, FURNISHING AND EQUIPPING OF FACILITY ADDITION 0 0 0 25000000 15027420 9972580 2010 0 0 0 1 0 0 1 0 1 1 0 1 0 0 0 0 X 13 289245 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE SCHOOL'S AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FIRST REVIEWS THE 990 IN DETAIL, THEN PRESENTS IT TO THE FULL BOARD OF TRUSTEES.(THE 990 IS POSTED TO THE SECURE PORTAL FOR TRUSTEES TO VIEW IN ADVANCE OF THE FULL BOARD DISCUSSION.) THE 990 IS ALSO AVAILABLE IN BOTH THE HEAD OF SCHOOL'S OFFICE AND THE BUSINESS OFFICE TO BE REVIEWED IN DETAIL BY ANY TRUSTEE. THE DONOR INFORMATION (SCHEDULE B) IS ONLY REVIEWED BY THE HEAD OF SCHOOL, DIRECTOR OF FINANCE AND OPERATIONS, ASSOCIATE DIRECTOR OF FINANCE AND BUSINESS AFFAIRS, AND THE DIRECTOR OF DEVELOPMENT. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH EMPLOYEE, AND EACH MEMBER OF THE BOARD OF TRUSTEES, IS REQUIRED TO COMPLETE AND SIGN A CODE OF ETHICAL CONDUCT AND CONFLICT OF INTEREST FORM. ADDITIONALLY, AT LEAST ONCE DURING THE SCHOOL YEAR, THE HEAD OF SCHOOL REMINDS ALL EMPLOYEES OF THE POLICY ALONG WITH A REMINDER TO REPORT ANY GIFTS OR GIFTS IN KIND. FINALLY, AT LEAST ONCE A YEAR, THE HEAD OF SCHOOL REPORTS TO THE EXECUTIVE COMMITTEE ON ANY POTENTIAL CONFLICTS AND HOW THEY HAVE BEEN HANDLED. FORM 990, PART VI, SECTION B, LINE 15 FOR THE HEAD OF SCHOOL: A COMPENSATION REVIEW IS CONDUCTED EVERY YEAR BY AN INDEPENDENT CONSULTANT WHO IN TURN DISCUSSES THE FINDINGS WITH THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND PREPARES A SAFE HARBOR LETTER. FOR KEY EMPLOYEES, SCHEDULES ARE CREATED COMPARING SALARIES OF PERSONS IN SIMILAR POSITIONS AT OTHER INDEPENDENT SCHOOLS. THIS IS PROVIDED TO THE HEAD OF SCHOOL WHO THEN DETERMINES COMPENSATION FOR EACH KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 CURRENTLY, SUCH DOCUMENTS ARE AVAILABLE ONLY UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -529,800. FORM 990, PART XI, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.