2011-03-22T19:35:02-05:00 2010-06-30 STANISLAWSKI & HARRISON CPAS 301 N LAKE AVE SUITE 900 PASADENA CA 91101 990 2009-07-01 237120625 CROSSROADS SCHOOL FOR ARTS & SCIENCES CROS 3108297391 1714 21ST STREET SANTA MONICA CA 90404 BARBARA S WHITNEY 3108297391 2011-03-21 1 Bared Dilacar 6267933600 2011-03-21 2009 2016-02-24 21:20:13Z BARBARA S WHITNEY 1714 21ST STREET SANTA MONICA CA 90404 39369213 0 X www.xrds.org X 1971 CA SEE 990 PART III, LINE 1. 21 21 590 450 0 0 3327178 4546801 31495052 33596706 913537 476673 698908 318840 36434675 38939020 4221757 4752855 0 23913803 23731375 0 1621088 8063219 7787433 36198779 36271663 235896 2667357 64480475 71290222 17420773 18998862 47059702 52291360 THE CROSSROADS SCHOOL FOR ARTS AND SCIENCES (THE "SCHOOL") FOUNDED IN 1971, IS AN INDEPENDENT SCHOOL FOR 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. 0 0 32125228 4752855 34392219 OPERATION OF PRIVATE SCHOOL GRADES KINDERGARTEN THROUGH TWELFTH WITH APPROXIMATELY 1140 STUDENTS. 32125228 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 44 0 1 590 1 0 0 0 0 0 0 0 0 0 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X 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 Lois Reinis 5.00 X X 0 0 0 Mark Bidner 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 Michelle Brookman 5.00 X 0 0 0 Darlene Chan 5.00 X 0 0 0 Bob Davenport 5.00 X 0 0 0 Baron Davis 5.00 X 0 0 0 Mary Farrell 5.00 X 0 0 0 Donald Kushner 5.00 X 0 0 0 Joel Landau 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 David Tannenbaum 5.00 X 0 0 0 Tom Werner 5.00 X 0 0 0 Bob Riddle 40.00 X 239582 0 27022 Barbara Whitney 40.00 X 156473 0 13729 Roger Weaver 40.00 X 434966 0 485288 Jeffrey Guckert 40.00 X 57134 0 3923 Joan Martin 40.00 X 128730 0 19080 Gennifer Yoshimaru 40.00 X 123916 0 18931 Morgan Schwartz 40.00 X 116460 0 18264 Elizabeth Resnick 40.00 X 119903 0 13682 Joon Lee 40.00 X 110987 0 10167 Paul Cummins 0.00 X 125000 0 0 1556017 0 606163 24 1 1 0 0 479402 4067399 143698 4546801 TUITION AND FEES 611710 31789338 31789338 AUXILIARY ACTIVITIES 611710 1807368 1807368 33596706 476673 476673 417190 230779 186411 186411 186411 0 479402 179183 -179183 -179183 20231 20231 0 OTHER INCOME 900099 311612 311612 311612 38939020 33596706 0 795513 4752855 4752855 467900 140370 163765 163765 20403140 18662733 968302 772105 887088 792231 48807 46050 657595 657595 1315652 1177300 71576 66776 442740 379708 48658 14374 98068 98068 43800 43800 36417 27160 524 8733 467946 240898 94802 132246 218515 218515 2047246 1675317 316140 55789 32358 12318 18010 2030 55482 22802 32528 152 387879 387879 1057013 845611 179692 31710 334635 257298 67316 10021 Instructional Supplies 844634 710485 38726 95423 Printing and Publicatio 399906 248714 15770 135422 Equipment Rental & Main 336243 330749 5214 280 Meals 319188 177264 95344 46580 Repairs and Maintenance 251192 207658 39035 4499 414171 199768 179270 35133 36271663 32125228 2525347 1621088 5360624 3895973 3338867 18997051 1182001 1305290 230806 121595 74650 57344 123153 186019 47009714 13326066 32968236 33683648 39214 31728 20862924 12711574 300000 300000 64480475 71290222 1780640 1568742 7853397 9829149 6500000 6325000 178830 168065 1107906 1107906 17420773 18998862 X 34750918 39902270 5055089 5091591 7253695 7297499 47059702 52291360 64480475 71290222 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12675942 43804 1699682 152821 14266607 14177863 421803 -1672203 251521 12675942 0.40090 0.51150 0.08760 0 0 16783221 16783221 18981393 5055719 13925674 5696033 4238304 1457729 4655581 3838148 817433 893486 193895 699591 33683648 Charles Schwab - Bond Funds 10235488 F Charles Schwab - Equity Funds 2420507 F Charles Schwab - Mutual Funds 55579 F 12711574 Retirement Agreement for Former President 1107906 1107906 38939020 36271663 2667357 2564301 2564301 5231658 36929649 2564301 -4752855 -2188554 39118203 -179183 -179183 38939020 31697991 179183 179183 31518808 4752855 4752855 36271663 Part V, Line 4: Description of Intended Use of Endowment Funds: 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 and Part XIII, Line 4b: Financial Aid Part XII, Line 4B and Part XIII, Line 2D: Fundraising Expenses 1 1 1 THE SCHOOL PUBLISHED ITS RACIALLY NONDISCRIMINATORY POLICY IN THE LOCAL NEWSPAPER. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Spring Event 479402 479402 61505 117678 479402 479402 61505 117678 179183 -179183 1 Financial Aid 251 4752855 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 THE GOVERNING BOARD, AND ALSO ARE AWARDED ON A RACIALLY NON-DISCRIMINATORY BASIS. X 1 0 X X X X X 0 1 0 0 0 0 0 0 0 Bob Riddle 239582 0 0 0 0 0 18800 0 8222 0 266604 0 0 0 Barbara Whitney 156473 0 0 0 0 0 5593 0 8136 0 170202 0 0 0 Roger Weaver 331346 0 0 0 103620 0 477066 0 8222 0 920254 0 457772 0 Paul Cummins 0 0 0 0 125000 0 0 0 0 0 125000 0 0 0 Part I, Line 4a Part I, Line 4b: "Sabbatical" salary and benefit accrual for Retired Headmaster: The school entered into a verbal agreement with the Former Head of school, who retired on June 30, 2009, to pay one year of "sabbatical" salary and benefits at approximately $457,000 subsequent to his retirement. In June 2010, the School extended the "sabbatical arrangement" for an additional six months through December 31, 2010. The additional "sabbatical" salary and benefits is approximately $228,000. There is no commitment from the retired head of school to provide any further service. X 8 143698 selling price 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 distributed to the Board for review and approval prior to 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 contemporary 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. Form 990, Part XI, Line 2c The audit committee oversees the annual audit of the financial statements.