2011-01-18T13:10:10-06:00 2010-06-30 SKMC LLP 11845 W OLYMPIC BLVD SUITE 900 LOS ANGELES CA 900641149 990 2009-07-01 951698608 OAKWOOD SCHOOL OAKW 8187524416 11600 MAGNOLIA BLVD NORTH HOLLYWOOD CA 91601 ELLIOT SPOKANE 8187524410 2011-01-13 1 Stanley F Shimohara CPA 3104776161 2011-01-13 2009 2016-02-24 21:20:13Z JAMES A ASTMAN PHD 11600 magnolia north hollywood CA 91601 27320247 0 X WWW.OAKWOODSCHOOL.ORG X 1951 CA OAKWOOD SCHOOL IS A NON-PROFIT EDUCATIONAL INSTITUTION LOCATED IN NORTH HOLLYWOOD, CAlifornia. The school's operations consist principally of providing elementary and secondary educational services to its students. 29 29 259 150 -3002 -3002 2192498 3565678 20896406 22474516 551094 610885 313881 353437 23953879 27004516 2123322 2398038 0 14158898 15414367 0 4350 6890446 7215613 23172666 25028018 781213 1976498 48802367 51811660 12494390 12254503 36307977 39557157 0 0 15145958 2398038 22474516 OAKWOOD SCHOOL PROVIDes ELEMENTARY AND SECONDARY EDUCATIONAL SERVICEs that are rich in the arts, sciences and humanities, and challenging to its students' creative and intellectual capacities. the school promotes the enhancement of its students' thought and imagination, competence and character as individuals and as members of a school community. 15145958 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 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 93 0 1 259 1 1 1 0 0 0 0 1 1 0 0 0 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X MR ELLIOT SPOKANE 8187524416 11600 MAGNOLIA BLVD NORTH HOLLYWOOD CA 91601 JAMES AASTMAN PhD 40.00 X X 387601 0 29929 SAMUEL H ANKER 40.00 X X 76998 0 13220 ELLIOT H SPOKANE 40.00 X X 196475 0 35914 MICHAEL MANCINI 40.00 X X 153695 0 20090 PETER SCHUBE X 0 0 0 TOM MULLER X 0 0 0 IRA PIANKO X 0 0 0 ELIZABETH hirsh NAFTALI X 0 0 0 KEN FRITZ X 0 0 0 PHYLLIS GOTTLIEB X 0 0 0 CHARLES HAAS X 0 0 0 BARBARA MARSHALL X 0 0 0 JASON ALEXANDER X 0 0 0 STEPHEN BRAY X 0 0 0 BETH BURNAM X 0 0 0 STEVE CARELL X 0 0 0 PETER CASEY X 0 0 0 BETH COLT X 0 0 0 MARTA F KAUFFMAN X 0 0 0 DEBBIE REED X 0 0 0 JENNY WILLIAMS X 0 0 0 ALBERT LITEWKA X 0 0 0 DIANE LEVIN X 0 0 0 GREG SILVERMAN X 0 0 0 JAMES MONTOYA X 0 0 0 ALLISON THOMAS X 0 0 0 JAMES NEWTON X 0 0 0 EDWARD PERRON X 0 0 0 robin rappaport X 0 0 0 KAY SIDES X 0 0 0 STEVE TELLER X 0 0 0 ROBBIE ROWE TOLLIN X 0 0 0 BARBARA VORON X 0 0 0 KIMBERLY WEST - FAULCON X 0 0 0 MARGO LONG 40.00 X 150868 0 23715 NANCY GOLDBERG 40.00 X 115596 0 28501 ERIC WALTER 40.00 X 130503 0 27403 WENDY WEICKER 40.00 X 109711 0 11227 1321447 0 189999 16 0 1 0 THOMSEN LANDSCAPE 18800 ERWIN ST RESEDA CA 91335 PLAYGROUND RENOVATION 197980 1 541277 3024401 19414 3565678 TUITION & FEES 611600 22474516 22474516 22474516 610989 610989 15742 18744 -3002 -3002 -3002 35290 35394 -104 -104 -104 125925 541277 261593 -135668 -135668 INCIDENTAL NET RENTAL 532000 320802 320802 AFTER SCHOOL PROGRAMS 900099 137738 137738 OTHER REVENUE 900099 33567 33567 492107 27004516 22474516 -3002 967324 2398038 2398038 718173 718173 11255427 8126144 3129283 683654 470685 212969 1931334 1429522 501812 825779 597276 228503 2274 2274 21500 21500 49123 49123 505276 505276 119238 119238 109019 109019 96600 96600 23091 23091 485120 485120 1545433 1545433 218179 218179 TRIPS & EXCURSIONS 680917 680917 MISCELLANEOUS 578860 268125 310735 EDUCATIONAL CLASSES 381597 381597 Security 377974 377974 TUITION REMISSION 370582 370582 1650830 423072 1223408 4350 25028018 15145958 9877710 4350 274132 488 1064113 5242855 159978 379478 77626 29730 240000 180000 26832 17250 18413 29278 38711380 9443076 29856892 29268304 16669461 16165679 414920 498598 48802367 51811660 2291268 2466063 1998343 2104407 4604779 4384033 3600000 3300000 12494390 12254503 X 33685579 35387267 658483 2149833 1963915 2020057 36307977 39557157 48802367 51811660 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8641965 2032590 1179783 331172 11204 56903 11455059 9940908 789258 -1507105 345896 151713 83487 8641965 0.63600 0.17630 0.18770 0 0 9725427 9725427 26871152 8585866 18285286 2096751 857210 1239541 18050 18050 29268304 INVESTMENT IN MUTUAL FUNDS 16165679 F 16165679 RESERVE FOR SELF INSURANCE 100000 LONG-TERM DEBT 3200000 3300000 27004516 25028018 1976498 1272682 1272682 3249180 28277198 1272682 1272682 27004516 0 27004516 25028018 0 25028018 0 25028018 1 1 1 PUBLIC ADVERTISEMENTS ARE PLACED IN CITY WIDE NEWSPAPER MEDIA ON AN ANNUAL BASIS 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 dinner 643417 530617 112800 245806 classes 23785 10660 13125 15787 667202 541277 125925 261593 261593 -135668 1 Financial Aid 132 2398038 0 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Financial aid is awarded to students and monitored by committee, using applicants' submissions via NAIS and ISM online applications and analysis. Student billing software accounts for the application of granted aid. X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 JAMES AASTMAN PhD 307601 0 0 0 80000 0 0 0 31924 0 419525 0 0 0 ELLIOT H SPOKANE 196475 0 0 0 0 0 0 0 38474 0 234949 0 0 0 MICHAEL MANCINI 153695 0 0 0 0 0 0 0 22126 0 175821 0 0 0 MARGO LONG 150868 0 0 0 0 0 0 0 25179 0 176047 0 0 0 ERIC WALTER 130503 0 0 0 0 0 0 0 36263 0 166766 0 0 0 Part I, Line 1a The headmaster is paid for the use of his personal residence for school events and meetings. James a astman phd Home improvement X 300000 180000 0 1 1 180000 MARLENE ASTMAN SPOUSE OF OFFICER OF OAKWOOD SCHOOL, JAMES A. ASTMAN 84297 COMPENSATION FOR WORK PERFORMED AS NURSE AND INSTRUCTOR 0 Form 990, Part VI, Section B, line 11 THE BOARD'S AUDIT COMMITTEE MET AND REVIEWED THE FORM 990 PRIOR TO THE JANUARY 12, 2011 board meeting. THE FORM 990 HAS BEEN MADE AVAILABLE TO ALL TRUSTEES PRIOR TO THE JANUARY 12, 2011 BOARD OF TRUSTEES' MEETING, AFTER WHICH THE TAX RETURN WILL BE FILED. Form 990, Part VI, Section B, line 12c on an annual basis, the organization distributes its conflict of interest policy to the trustees and officers. The trustees and officers are required to sign a statement that they are in compliance with the conflict of interest policy. Form 990, Part VI, Section B, line 15 The organization uses various methods to establish compensation of the organization's headmaster,C.O.O., and C.F.O. The methods include 1)review by independent compensation consultant, compensation survey or study etc. Also, the compensation is reviewed and approved by the executive committee of the Board of Trustees in accordance with the organization's bylaws. this process occurs every year for the c.o.o. and the c.f.o, and was last undertaken for the 2010-2011 fiscal year. this process occurs every five years for the headmaster as he is under a five year contract. This process was undertaken for the headmaster during the 2007-2008 fiscal year for the contract beginning July 1, 2008. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. part iv question 28(c) BUSINESS TRANSACTIONS with a trustee/officer Oakwood School had business transactions with a trustee/officer which were under the threshold for reporting on Schedule L, Part IV. Therefore, Part IV question 28(c) is being answered NO, and these transactions are not being included in Schedule L, Part IV. schedule J Part II, Column B(iii) other compensation-James Astman The $80,000 of other compensation reported for James AStman in Schedule J, Part II, Column B (iii) represents the amount of his 2009 deferred compensation which is reported on his Form W-2. This amount is not reported in Schedule J, Part II, Column C Deferred Compensation because Column C is reserved for Deferred Compensation amounts which are not includible in an employee's Form W-2. This compensation is reviewed and approved by the Executive Committee of the Board of Trustees in accordance with the organization's bylaws. schedule J Part II other benefit-forgiveness of debt In addition to the compensation amounts and benefits reported in Schedule J, part II, a loan in the amount of $60,000 plus accrued interest of $10,650 which was owed by James Astman to Oakwood School was forgiven on June 30,2009. This $70,650 is shown on James Astman's 2009 Form W-2 as Other Income. This arrangement is reviewed and approved by the Executive Committee of the Board of Trustees in accordance with the organization's bylaws. schedule L part II loan payments made through forgiveness of debt On 9/5/2008, a $300,000 loan was made to James A. Astman. On June 30, 2010 $60,000 of principal, and $8,875 of interest were additionally forgiven. The $68,875 which was forgiven will be included on James A. Astman's 2010 Form W-2 as other income. This arrangement is reviewed and approved by the Executive Committee of the Board of Trustees in accordance with the organization's bylaws.