2011-03-15T17:58:59-05:00 2010-08-31 LAUTZE & LAUTZE 303 SECOND STREET SUITE 950N SAN FRANCISCO CA 94107 990 2009-09-01 770315997 French-American School of Silicon Valley FREN 4087460460 1522 Lewiston Drive Sunnyvale CA 94087 Bernard Moreau 4087460460 2011-03-12 1 ROGER BULOSAN 4155436900 2009 2016-02-24 21:20:13Z Bernard Moreau 1522 LEWISTON DR SUNNYVALE CA 94087 3004612 0 X http://www.fassv.org X 1992 CA TO PROVIDE AN INDEPENDENT CO-EDUCATIONAL DAY SCHOOL. 10 9 35 0 0 0 21264 31998 2443922 2582404 49630 85247 0 2514816 2699649 0 0 1676093 1696366 0 0 552509 576364 2228602 2272730 286214 426919 4373349 4806480 2344906 2351118 2028443 2455362 THE ORGANIZATION PROVIDES INDEPENDENT CO-EDUCATIONAL SERVICES, OFFERING BILINGUAL (english/french) EDUCATION FOR PRE-SCHOOL, PRE-KINDERGARTEN, KINDERGARTEN AND ELEMENTARY STUDENTS. 0 0 1736529 2496362 THE ORGANIZATION PROVIDES INDEPENDENT CO-EDUCATIONAL SERVICES to approximately 150 students OFFERING BILINGUAL (english/french) EDUCATION FOR PRE-SCHOOL, PRE-KINDERGARTEN, KINDERGARTEN AND ELEMENTARY GRADES. 2609 86042 DAYCARE - THE ORGANIZATION PROVIDES AN AFTER-SCHOOL DAYCARE PROGRAM FOR WORKING PARENTS, AND IN ADDITION, PROVIDES AN AFTER-SCHOOL STUDY HALL, ETC. 1739138 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 4 0 1 35 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 CA X mariel hall 4087460460 1522 Lewiston Drive Sunnyvale CA 94087 Bernard Moreau 40.00 X X 129936 0 16102 Herve Le Mansec 1.00 X 0 0 0 Ann-Marie Brest 1.00 X 0 0 0 Judy Jones 1.00 X 0 0 0 Helen Chan 1.00 X 0 0 0 Dale Freeman 1.00 X X 0 0 0 Kenneth Hall 1.00 X X 0 0 0 Teresa Holland 1.00 X 0 0 0 Colette Siegel 1.00 X 0 0 0 Dominique van Hooff 1.00 X 0 0 0 Cyril Isnard 1.00 X 0 0 0 Mariel Hall 40.00 X 103410 0 10882 233346 0 26984 2 0 0 0 0 31998 31998 Tuition 611710 2454267 2454267 day care/study hall 611710 86042 86042 fees 611710 42095 42095 2582404 86495 86495 303715 303715 1248 0 -1248 -1248 -1248 2699649 2582404 0 85247 149690 119752 29938 1248483 983540 264943 41470 28172 13298 144479 99517 44962 112244 78124 34120 909 909 22106 22106 8260 8260 8149 8149 50406 50406 7495 7495 211881 211881 1247 1247 41913 33530 8383 32210 32210 BOOK & SUPPLIES 52032 52032 FIELD TRIPS 41189 41189 PTA Expenses 32952 32952 LICENSES AND FEES 14661 14661 TRAINING 13760 13760 37194 37194 2272730 1739138 533592 0 1011634 952448 105588 106010 710839 785145 22101 39833 1071051 208784 798375 862267 1724812 2060777 4373349 4806480 1574 1335 2343332 2349783 2344906 2351118 X 2028443 2455362 2028443 2455362 4373349 4806480 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 717249 85075 632174 171836 5657 166179 100079 67840 32239 81887 50212 31675 862267 annuities 2060777 C 2060777 2699649 2272730 426919 0 426919 2699649 0 2699649 0 2699649 2272730 0 2272730 0 2272730 Part X: Description of Uncertain Tax Positions Under FIN 48: 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 organization is entitled to economic benefits resulting from tax positions taken in income tax returns. 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. This standard also requires organizations to disclose additional quantitative and qualitative information in their financial statements about uncertain tax positions. The School's adoption of this standard did not have a material impact on the financial statements. The School's evaluation on August 31, 2010 revealed no tax positions that would have a material impact on the financial statements. The 2006 through 2009 tax years remain subject to examination by the Internal Revenue Service. In addition, the 2005 through 2009 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. 1 1 1 FASSV advertises it's non-discrimination policy in "The Sunnyvale Sun" which is distributed widely in the county during the Spring enrollment period. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Kenneth Hall BOARD TREASURER 2475 THE SCHOOL PURCHASED ACCOUNTING SERVICES FROM A CPA FIRM IN WHICH KENNETH HALL IS A PARTNER. 0 KENNETH HALL BOARD TREASURER 118245 WAGES AND OTHER EMPLOYEE BENEFITS ARE PAID TO MARIEL HALL,Director of Admissions; MARIEL IS MARRIED TO BOARD TREASURER, KENNETH HALL. 0 Form 990, Part VI, Section A, line 2 KENNETH HALL, board member and treasurer, and MARIEL HALL, Director of Admissions, ARE husband and wife. Form 990, Part VI, Section B, line 11 THE FORM 990 IS REVIEWED BY THE SCHOOL HEAD AND THE BOARD CHAIR OF THE FINANCE COMMITTEE. QUESTIONS REGARDING THE FORM 990 ARE DIRECTED TO THE FORM 990 PREPARERS AND AUDITORS AT LAUTZE AND LAUTZE. ONCE ALL QUESTIONS ARE SATISFACTORILY ANSWERED, THE FORM IS SIGNED BY THE SCHOOL HEAD. Form 990, Part VI, Section B, line 12c ALL EMPLOYEES ARE ASKED TO AVOID ANY ACTIVITY, AGREEMENT, BUSINESS INVESTMENT OR INTEREST THAT COULD BE IN CONFLICT WITH THE ORGANIZATION'S INTEREST OR THAT COULD INTERFERE WITH THEIR SPECIFIC TRANSACTIONS, PRACTICE, ACTIVITY OR RELATIONSHIP THAT MAY PRESENT A CONFLICT OF INTEREST. EMPLOYEES ARE TOLD THAT THEY HAVE THE RESPONSIBILITY TO CLEARLY ADDRESS THE ISSUE WITH THE ADMINISTRATION OFFICE OF THE SCHOOL. The board regularly monitors and enforces compliance with the policy. Form 990, Part VI, Section B, line 15 BOARD CHECK COMPENSATION LEVELS FOR SIMILAR ORGANIZATIONS' KEY EMPLOYEES. Head of School's salary is determined by a combination of the employment agreement and an annual review conducted by the board of directors. Form 990, Part VI, Section C, line 19 The school governing documents, conflict of interest policy and financial statements are available upon request at the school's facilities. PART XI, LINE 2C EXPLANATION FINANCE COMMITEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT.