2026-05-14T14:39:37-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 2875 MICHELLE DRIVE 300 IRVINE CA 92606 990 2024-07-01 951750023 THE BUCKLEY SCHOOL BUCK 8187831610 3900 STANSBURY AVENUE SHERMAN OAKS CA 91423 ALONA SCOTT HEAD OF SCHOOL 8187831610 2026-05-13 1 1 LISA N RYSSEL CPA P00643670 7147955370 2026-05-13 2024 2025-03-06 01:10:19Z ALONA SCOTT 3900 STANSBURY AVENUE SHERMAN OAKS CA 91423 58043361 0 X WWW.BUCKLEY.ORG X 1935 CA THE ORGANIZATION IS AN INDEPENDENT CO-EDUCATIONAL, COLLEGE PREPARATORY DAY SCHOOL. 19 19 258 100 15141 14141 1619008 4258929 43375716 45335987 1948442 4159875 383183 434056 47326349 54188847 5200785 5835653 0 0 25712994 27680638 0 0 2358263 16166872 15962994 47080651 49479285 245698 4709562 177250991 186176584 73464476 74920226 103786515 111256358 X THE BUCKLEY SCHOOL IS A DYNAMIC, NURTURING LEARNING COMMUNITY COMMITTED TO EQUITY AND INCLUSION. OUR INNOVATIVE TEACHERS AND CHALLENGING PROGRAMS INSPIRE CREATIVITY, COURAGE, AND COLLABORATION. BY PROMOTING A BALANCED DEVELOPMENT OF MIND, BODY, AND CHARACTER, WE ENCOURAGE EACH STUDENT TO FIND JOY AND MEANING IN LIFE AND MAKE AN IMPACT IN THE WORLD. 0 0 40852480 5835653 45335987 THE SCHOOL IS SITUATED ON A NINETEEN ACRE CAMPUS IN A RESIDENTIAL SECTION OF SANTA MONICA MOUNTAINS, A SETTING OF NATURAL BEAUTY WITH ACCESS TO THE CULTURAL AND EDUCATIONAL RESOURCES OF THE LOS ANGELES METROPOLITAN AREA. WITH AN ENROLLMENT OF APPROXIMATELY 830 STUDENTS IN KINDERGARTEN THROUGH GRADE TWELVE, THE SCHOOL SEEKS TO ATTRACT STUDENTS WHO REFLECT THE ETHNIC DIVERSITY OF LOS ANGELES.BUCKLEY'S PHILOSOPHY, THE 4-FOLD PLAN OF EDUCATION, COMBINES THE PRINCIPLES OF WHOLE-CHILD EDUCATION - A DEEPLY INTER-CONNECTED PROGRAM OF ACADEMICS, THE ARTS, PHYSICAL DEVELOPMENT, AND MORAL EDUCATION. CURIOSITY, CRITICAL THINKING, AND CREATIVITY ARE ENCOURAGED AND PROMOTED. WE BELIEVE THAT STUDENTS' BEST WORK -- IN THE CLASSROOM, IN THE ARTS, AND ON THE FIELD, CAN ONLY BE REALIZED THROUGH SELF-EXPRESSION AND RESILIENCE WITHIN AN INTENTIONAL PROGRAM.OUR LOWER SCHOOL BLENDS TRADITION AND STRUCTURE WITH PROGRESSIVE METHODOLOGIES. OUR MIDDLE AND UPPER SCHOOL IS COLLEGE PREPARATORY, BASED ON A PRESCRIBED CURRICULUM THAT EVOLVES TO INCLUDE THE BEST OF CURRENT RESEARCH AND TEACHING METHODOLOGIES. 40852480 1 1 0 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 1 0 1 0 0 0 1 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 1 127 0 1 258 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X X ELIZABETH TURCHAN 8184616720 3900 STANSBURY AVE SHERMAN OAKS CA 91604 DAVID SADKIN CHAIR 4.00 X X 0 0 0 JOSE-MANUEL DECASTRO VICE CHAIR 4.00 X X 0 0 0 SHARI ROSENTHAL VICE CHAIR 4.00 X X 0 0 0 CHIP SELLERS TREASURER 4.00 X X 0 0 0 VINCENT TRAVAGLIONE SECRETARY 4.00 X X 0 0 0 ALIX MERKLEY DIRECTOR 4.00 X 0 0 0 ANNE-MARIE BALZANO DIRECTOR 4.00 X 0 0 0 BENJAMIN VEGA DIRECTOR 4.00 X 0 0 0 BRIAN NUSSBAUM DIRECTOR 4.00 X 0 0 0 FRANK JUNG DIRECTOR 4.00 X 0 0 0 GEORGE ELLIS DIRECTOR 4.00 X 0 0 0 JACKIE GOLDBERG DIRECTOR 4.00 X 0 0 0 JEN SHEFFIELD DIRECTOR (RESIGNED 02/25/25) 4.00 X 0 0 0 JOSS HASTINGS-PRICE DIRECTOR 4.00 X 0 0 0 KAREN RICHARDSON DIRECTOR 4.00 X 0 0 0 KIRSTEN WINIKOFF DIRECTOR 4.00 X 0 0 0 MARK NEHORAY DIRECTOR 4.00 X 0 0 0 MARLEN GRUSSI DIRECTOR 4.00 X 0 0 0 PEGGY PROCTOR DIRECTOR 4.00 X 0 0 0 THOMAS ALBERINI DIRECTOR 4.00 X 0 0 0 ALONA HILARY SCOTT HEAD OF SCHOOL 40.00 X 672824 0 301885 ELIZABETH M TURCHAN CHIEF FINANCIAL OFFICER 40.00 X 439184 0 56880 ADRIENNE M PARSONS HEAD OF LOWER SCHOOL 40.00 X 214948 0 48637 DONALD SMITH JR HEAD OF MIDDLE SCHOOL 40.00 X 203009 0 38642 SHERRIE SINGER HEAD OF UPPER SCHOOL 40.00 X 216529 0 10933 TRAVIS FRASER DIRECTOR OF ADVANCEMENT 40.00 X 213227 0 40518 GREGORY SACON DIR OF INNOVATIVE TEACHING 40.00 X 204450 0 47729 ERWIN WONG DIRECTOR OF ENROLLMENT 40.00 X 216707 0 26088 SUSAN SHERMAN TEACHER & VARSITY TENNIS COACH 40.00 X 185240 0 44481 MICHELLE TOTANES DIRECTOR OF HUMAN RESOURCE 40.00 X 212504 0 11385 2778622 0 627178 88 0 1 0 ILLIG CONSTRUCTION 125 LOMITA STREET EL SEGUNDO CA 90245 CONSTRUCTION 2936588 FIRST STUDENT INC 22157 NETWORK PLACE CHICAGO IL 60673 TRANSPORTATION 1438895 FRESHLUNCHES INC 6800 OWENSMOUTH AVENUE 350 CANOGA PARK CA 91303 FOOD 1273300 LEE'S MAINTENANCE SERVICE 14740 KESWICK STREET VAN NUYS CA 94105 JANITORIAL 731026 POSITIVE ADVENTURES LLC 4901 MORENO BLVD 307 SAN DIEGO CA 92117 TRAVEL 434930 19 119174 4139755 216205 4258929 TUITION AND FEES 611600 45335987 45335987 45335987 2054779 15141 2039638 235750 0 235750 235750 235750 5658087 3552991 2105096 2105096 2105096 216288 119174 301523 -85235 -85235 MISCELLANEOUS 611710 202259 202259 HOT LUNCH 611710 81282 81282 283541 54188847 45335987 15141 4578790 5835653 5835653 2259099 1568268 603088 87743 20007229 17242917 1570493 1193819 1083219 933555 85029 64635 2773986 2390716 217748 165522 1557105 1314784 143114 99207 355061 355061 139773 139773 342433 342433 2451055 1592796 337368 520891 1918692 1814781 100231 3680 1387023 1111393 261896 13734 21756 5851 8271 7634 299124 292460 6663 1 1077519 862015 204729 10775 3047396 2437917 579005 30474 2010083 1608854 381168 20061 MISCELLANEOUS 1362353 583291 702818 76244 TRANSPORTATION 1077465 909420 159643 8402 EQUIPMENT RENTAL/MAINT 258613 221073 33168 4372 PRINTING AND PUBLICATIO 214648 126736 36843 51069 49479285 40852480 6268542 2358263 1113428 1215878 15599436 13847545 3727003 4174794 1099432 2095390 127662536 37113887 85940898 90548649 25683472 24496924 44087322 49797404 177250991 186176584 8114326 9150297 23996026 25238939 41036973 40149269 317151 381721 73464476 74920226 X 92227721 99859404 11558794 11396954 103786515 111256358 177250991 186176584 4709562 2760281 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 50713917 8462 4596546 1868177 53450748 46391396 11117 6129404 1818000 50713917 43886480 22939 4163201 1681224 46391396 13308662 37571308 -6783409 210081 43886480 10978102 49045 2391490 109975 13308662 0.89660 0.07320 0.03020 0 0 6413370 6413370 112912256 31064268 81847988 6783283 6049619 733664 1553627 1553627 90548649 ANGELES ABSOLUTE RETURN FUND LTD. 302859 F ANGELES GLOBAL EQUITY OPPORTUNITIES FUND LLC 26284578 F ANGELES DIVERSIFIED INCOME FUND LLC - UNRESTRICTED 8354687 F ANGELES PRIVATE CREDIT FUND 2 LP 1379630 F ANGELES PRIVATE MARKETS FUND 5 LP 1082627 F ANGELES DIRECT EQUITY FUND 1 LP 643781 F ANGELES REAL ASSETS FUND 1 LP 694625 F ANGELES PRIVATE CREDIT FUND 3 LP 1106707 F ANGELES PRIVATE MARKETS FUND 4 LP 3512312 F WOODMONT INVESTMENTS LIMITED 3256999 F GOLUB CAPITAL STANDARD PARTNERS INTERNATIONAL 10, LP 1794216 F ANGELES PRIVATE MARKETS FUND 6 LP 259733 F ALTAIR CMBS FUND, LLC 806844 F ALTAIR HEALTHCARE ROYALTIES FUND, LLC 317806 F 49797404 X 50788342 2760281 17300 2777581 48010761 342433 5835653 6178086 54188847 43318499 17300 17300 43301199 342433 5835653 6178086 49479285 PART IV, LINE 2B: THE SCHOOL ACTS AS THE CUSTODIAN FOR VARIOUS CLASSES AND SCHOOL CLUBS. PART V, LINE 4: ENDOWMENTS CONSIST OF SEVERAL INDIVIDUAL FUNDS ESTABLISHED FOR STAFF AND FACULTY COMPENSATION AND PROFESSIONAL ENRICHMENT, MAINTENANCE OF THE SCHOOL PAVILION, GENERAL OPERATION, AND FINANCIAL AID. PART X, LINE 2: U.S. GAAP PROVIDES ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION AND ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES ALL OF THE POSITIONS TAKEN BY THE SCHOOL ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE SCHOOL HAS RECEIVED FAVORABLE DETERMINATION LETTERS INDICATING IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CALIFORNIA FRANCHISE TAXES UNDER SECTION 23701 OF THE CALIFORNIA REVENUE TAXATION CODE. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,835,653. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,835,653. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLISHED NOTICE OF RACIAL NONDISCRIMINATION POLICY IN ITS WEBSITE. CENTRAL AMERICA AND THE CARIBBEAN - 0 0 HEDGE FUND INVESTMENTS. N/A 5354074 0 0 0 0 0 0 5354074 0 5354074 0 0 0 0 0 0 PART I, LINE 3: THE ORGANIZATION USED THE ACCRUAL METHOD OF ACCOUNTING TO ACCOUNT FOR EXPENDITURES IN PART I COLUMN (F) FAIR AND AUCTION 216785 216785 133180 2264 15671 30349 PARTY BOOK AND COMMUNITY 56459 65169 -8710 6256 71410 17079 1 273244 65169 208075 133180 8520 87081 47428 276209 -68134 1 FINANCIAL AID 153 5835653 PART I, LINE 2: THE SCHOOL OFFERS FINANCIAL AID TO FAMILIES WITH DEMONSTRATED NEED. THE GOAL OF THE SCHOOL'S FINANCIAL AID PROGRAM AND THE FINANCIAL AID COMMITTEE IS TO MAKE AWARDS TO STUDENTS WHO QUALIFY FOR AID ON THE BASIS OF FINANCIAL NEED AND WHO, IN THE SCHOOL'S JUDGMENT, ARE ABLE TO MAKE A SIGNIFICANT CONTRIBUTION TO THE SCHOOL COMMUNITY THROUGH THEIR ACADEMIC ACCOMPLISHMENTS, TALENTS, AND PERSONAL ATTRIBUTES. THE FINANCIAL AID PROCESS INVOLVES APPLYING CONSISTENT PRINCIPLES TO ALL APPLICANTS TO DETERMINE WHICH FAMILIES ARE THE MOST IN NEED OF FINANCIAL AID GRANTS. LIKE THOUSANDS OF INDEPENDENT SCHOOLS NATIONWIDE, BUCKLEY UTILIZES STUDENT SERVICES FOR FINANCIAL AID (SSS), AN INDEPENDENT NEEDS-ASSESSMENT PROGRAM, FOR ITS FINANCIAL AID PROCESS. FAMILIES INTERESTED IN APPLYING FOR FINANCIAL ASSISTANCE, THEREFORE, MUST APPLY BY FEBRUARY 15 FOR THE FOLLOWING SCHOOL YEAR BY COMPLETING THE PARENTS' FINANCIAL STATEMENT (PFS) ONLINE AT SSS.NAIS.ORG. THIS FORM GATHERS IN ONE PLACE THE RELEVANT INFORMATION ABOUT FAMILY SIZE, INCOME, EXPENSES, AND MORE. SSS THEN ANALYSES THE INFORMATION ON THE PFS TO ESTIMATE A FAMILY'S ABILITY TO CONTRIBUTE TO A CHILD'S EDUCATIONAL EXPENSES, SO THAT SCHOOLS CAN, IN TURN, CALCULATE A FAMILY'S FINANCIAL NEED AND DETERMINE THE AMOUNT OF ANY FINANCIAL AID GRANT. X 1 1 X X X 0 1 0 0 0 0 0 1 0 ALONA HILARY SCOTT HEAD OF SCHOOL 606688 0 0 0 66136 0 73200 0 228685 0 974709 0 0 0 ELIZABETH M TURCHAN CHIEF FINANCIAL OFFICER 412173 0 10000 0 17011 0 27600 0 29280 0 496064 0 0 0 ADRIENNE M PARSONS HEAD OF LOWER SCHOOL 204289 0 1500 0 9159 0 17560 0 31077 0 263585 0 0 0 TRAVIS FRASER DIRECTOR OF ADVANCEMENT 194402 0 5000 0 13825 0 10392 0 30126 0 253745 0 0 0 GREGORY SACON DIR OF INNOVATIVE TEACHING 181321 0 15000 0 8129 0 17303 0 30426 0 252179 0 0 0 ERWIN WONG DIRECTOR OF ENROLLMENT 205853 0 2000 0 8854 0 10848 0 15240 0 242795 0 0 0 DONALD SMITH JR HEAD OF MIDDLE SCHOOL 192094 0 1500 0 9415 0 10301 0 28341 0 241651 0 0 0 SUSAN SHERMAN TEACHER & VARSITY TENNIS COACH 128448 0 0 0 56792 0 15578 0 28903 0 229721 0 0 0 SHERRIE SINGER HEAD OF UPPER SCHOOL 204296 0 1500 0 10733 0 10794 0 139 0 227462 0 0 0 MICHELLE TOTANES DIRECTOR OF HUMAN RESOURCE 202849 0 1500 0 8155 0 10377 0 1008 0 223889 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL AND THE DIRECTOR OF CAMPUS OPERATIONS ARE REQUIRED TO LIVE IN SCHOOL OWNED ADJACENT HOUSING AS PART OF THEIR JOB RESPONSIBILITIES. THE ESTIMATED VALUE OF THE RENT IS $150,000. PART I, LINE 1B THE EMPLOYEE IS REQUIRED TO LIVE IN THE SCHOOL OWNED HOME AS PART OF THEIR JOB RESPONSIBILITIES. THE EMPLOYEE IS REQUIRED TO PROVIDE ADDITIONAL SERVICES THAT RELATE TO ACTIVITY IN THE SCHOOL AND SURROUNDING COMMUNITY SINCE THE HOME IS IMMEDIATELY ADJACENT TO THE CAMPUS. PART I, LINE 7 BONUSES ARE MADE UPON THE DISCRETION OF THE HEAD OF SCHOOL. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2020-04-07 19970000 TO REFUND PRIOR ISSUES 0 0 0 B CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2020-12-17 22965500 TO REFUND PRIOR ISSUES 0 0 0 A 1228588 19970000 112643 2902716 16954641 2013 1 0 1 1 B 1386319 22965500 111552 3705933 19148015 2013 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 X 8 168781 FMV X OTHER 57 48024 FMV 0 0 1 1 PART I, LINE 32B: THE SCHOOL USES ITS INVESTMENT CUSTODIAN TO PROCESS AND SELL STOCK DONATIONS. PART I, LINE B: NUMBER OF CONTRIBUTIONS THE NUMBER OF CONTRIBUTIONS REPORTED IS BASED ON THE NUMBER OF DONATIONS RECEIVED FROM CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE BEEN GRANTED AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE CFO IN CONJUNCTION WITH THE DIRECTOR OF FINANCE GATHERS INFORMATION TO COMPLETE THE QUESTIONNAIRE WHICH IS PROVIDED TO THE AUDITORS TO COMPLETE THE RETURN. THE DRAFT RETURN IS REVIEWED BY THE AUDIT COMMITTEE AS WELL AS THE HEAD OF SCHOOL PRIOR TO SUBMISSION. A FINAL SUBMITTED COPY IS DISTRIBUTED TO EACH BOARD MEMBER AND MADE AVAILABLE TO ANY REQUESTING PARTY AS WELL AS POSTED ON A PUBLIC SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER AND EMPLOYEE IS REQUIRED TO SIGN A CONFLICT OF INTEREST FORM. TRUSTEES HAVE AN OBLIGATION TO SELF-DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AT THE TIME THEY ARISE. IF THE DISCLOSURE OCCURS IN A BOARD MEETING, THE TRUSTEE SHALL LEAVE THE MEETING AND THE BOARD WILL DISCUSS AND VOTE UPON WHETHER A CONFLICT OF INTEREST EXISTS AND WHETHER IT SHOULD BE REFERRED TO COMMITTEE FOR FURTHER CONSIDERATION. IF THE DISCLOSURE IS MADE OUTSIDE OF THE CONTEXT OF A MEETING, THEN THE DETERMINATION OF WHETHER A CONFLICT EXISTS WILL BE REFERRED TO THE AUDIT COMMITTEE FOR DECISION AND ACTION. TRUSTEES ARE ALSO REQUIRED TO ANNUALLY SIGN THE CONFLICT OF INTEREST POLICY WHICH CONTAINS A CONFLICT OF INTEREST DISCLOSURE FORM WHERE TRUSTEES ARE REQUIRED TO DISCLOSE ONGOING RELATIONSHIPS AND INTERESTS THAT MAY PRESENT A CONFLICT OF INTEREST. EMPLOYEES ARE ALSO REQUIRED TO SIGN ANNUAL POLICIES AND TO DISCLOSE ANY CONFLICTS. ANY CONFLICTS ARE DISCUSSED WITH THE HEAD OF SCHOOL AND DIRECTOR OF HUMAN RESOURCES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD SETS THE COMPENSATION FOR THE HEAD OF SCHOOL. THE BOARD UTILIZED AN OUTSIDE CONSULTANT TO RECRUIT THE HEAD OF SCHOOL AND DETERMINE A COMPETITIVE COMPENSATION LEVEL TO ENSURE THAT THE COMPENSATION OFFERED DOES NOT CONSTITUTE AN EXCESS BENEFIT TRANSACTION WITHIN THE MEANING OF IRC SECTION 4958. THE OUTSIDE CONSULTANT COMPARED COMPENSATION PACKAGES FROM OTHER INDEPENDENT SCHOOLS IN THE AREA FOR SIMILAR SCHOOLS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 18 THE INFORMATION IS AVAILABLE FOR THE PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON REQUEST AND AN ANNUAL REPORT IS ISSUED TO OUR CONSTITUENTS AND MAINTAINED AT THE SCHOOL FOR REVIEW. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.