2024-04-24T12:43:27-05:00 2023-06-30 946214841 ARMANINO LLP 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2022-07-01 954466863 THE WILLOWS COMMUNITY SCHOOL WILL 3108150411 8509 HIGUERA STREET CULVER CITY CA 90232 LISA ROSENSTEIN HEAD OF SCHOOL 3108150411 2024-04-19 1 LISA ROSENSTEIN 999009999 1 MATTHEW PETROSKI P00853132 9257902600 2024-04-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LISA ROSENSTEIN 8509 HIGUERA STREET CULVER CITY CA 90232 23497591 0 X WWW.THEWILLOWS.ORG X 1994 CA A PRIVATE SCHOOL THAT PROVIDES EDUCATIONAL SERVICES FROM DEVELOPMENTAL-KINDERGARTEN TO 8TH GRADE. 23 21 128 150 0 0 1439726 3866510 17719970 18943934 169008 291383 24600 37548 19353304 23139375 2052694 2301038 0 0 10230431 11057469 0 0 823741 6050149 5872906 18333274 19231413 1020030 3907962 69044375 74331298 41379595 41966386 27664780 32364912 X AT THE WILLOWS, WE BELIEVE EACH CHILD BRINGS OUR COMMUNITY AN EXTRAORDINARY GIFT: A CURIOUS MIND, READY TO EXPLORE AND EAGER TO LEARN. OUR MISSION IS TO GROW THAT GIFT BY CHALLENGING OUR STUDENTS TO UNCOVER MEANING AND SIGNIFICANCE IN THE WORLD AROUND THEM. 0 0 15079181 2301038 18943934 THE WILLOWS COMMUNITY SCHOOL, LOCATED IN CULVER CITY, IS A DEVELOPMENTAL KINDERGARTEN THROUGH 8TH GRADE NON-PROFIT, CO-EDUCATIONAL INDEPENDENT SCHOOL ENROLLING APPROXIMATELY 470 STUDENTS ANNUALLY. RECOGNIZED AS A BALANCED, PROGRESSIVE EDUCATIONAL LEADER, THE STRONG ACADEMIC PROGRAM INCORPORATES EXPERIENTIAL LEARNING, THEMATIC INSTRUCTION AND SOCIAL EMOTIONAL LEARNING INTO CUTTING-EDGE CURRICULUM AND INTEGRATES DESIGN THINKING, MAKER, TECHNOLOGY, AND THE ARTS INTO THE CLASSROOM. AT THE WILLOWS, WE BELIEVE EACH CHILD BRINGS OUR COMMUNITY AN EXTRAORDINARY GIFT: A CURIOUS MIND, READY TO EXPLORE AND EAGER TO LEARN. THE WILLOWS IS STRONGLY COMMITTED TO FINANCIAL ASSISTANCE AND SEEKS A BROAD-BASED STUDENT BODY WITH A DIVERSITY OF RACE, ETHNICITY, ECONOMICS AND LEARNING STYLES. (CONT. ON SCHEDULE O)AS PART OF THAT COMMITMENT, THE SCHOOL IS ABLE TO GRANT FINANCIAL ASSISTANCE BASED ON DEMONSTRATING FINANCIAL NEED AND AS DETERMINED BY THE ANNUAL BUDGETING SET BY THE BOARD OF DIRECTORS. 15079181 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 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 22 0 1 128 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 21 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X RON CHANDRA CONTROLLER 3108150411 8509 HIGUERA STREET CULVER CITY CA 90232 ERIC SILVERMAN BOARD CO-CHAIR 1.00 X X 0 0 0 SHARI ROSENTHAL BOARD CO-CHAIR 1.00 X X 0 0 0 ZACK FAIGAN SECRETARY 1.00 X X 0 0 0 DAN BECKERMAN TREASURER 1.00 X X 0 0 0 RACHEL ADLER TRUSTEE 1.00 X 0 0 0 ALLISON AGSTEN TRUSTEE 1.00 X 0 0 0 BRIDGETTE BLUE TRUSTEE 1.00 X 9800 0 0 LORI CHRISTOPHER TRUSTEE 1.00 X 0 0 0 SHARON DEMAYO TRUSTEE 1.00 X 0 0 0 WENDY FELSON TRUSTEE 1.00 X 0 0 0 DENISE GUTCHES TRUSTEE 1.00 X 0 0 0 ROYCE HALL TRUSTEE 1.00 X 0 0 0 ROBERT JACOBS TRUSTEE (THRU 06/23) 1.00 X 0 0 0 IGOR KLEYMAN TRUSTEE 1.00 X 0 0 0 ALEX KWIT TRUSTEE 1.00 X 0 0 0 SERENA MINIKES TRUSTEE 1.00 X 0 0 0 MEIGHAN OFFIELD TRUSTEE 1.00 X 0 0 0 TESSA POSANSKY TRUSTEE (THRU 06/23) 1.00 X 0 0 0 STEVE RUTH TRUSTEE (THRU 06/23) 1.00 X 0 0 0 ARI SWILLER TRUSTEE 1.00 X 0 0 0 SCOTT VOELZ TRUSTEE (THRU 06/23) 1.00 X 0 0 0 GARY YALE TRUSTEE 1.00 X 0 0 0 LISA ROSENSTEIN HEAD OF SCHOOL 40.00 X X 559744 0 66298 KATHRYN COHEN CFO 40.00 X 268827 0 37833 VIVEK KAPOOR DIRECTOR OF TECHNOLOGY 40.00 X 154943 0 18752 STEVE FUTTERMAN DIRECTOR OF ADMISSIONS 40.00 X 143872 0 21742 MELISA UNGER ASSISTANT HEAD OF SCHOOL FOR ADVANCEMENT 40.00 X 213350 0 27004 TERRI BAIRD DIRECTOR OF TEACHING & LEARNING 40.00 X 186706 0 25186 SUSAN SLEEPER DIRECTOR OF COMMUNICATIONS 40.00 X 148015 0 30338 1685257 0 227153 24 0 1 0 UNIVERSE FACILITIES SERVICE CORP 2363 SOUTH ATLANTIC BLVD COMMERCE CA 90049 JANITORIAL 182205 PSC 11454 SAN VICENTE BLVD 2ND FLOOR LOS ANGELES CA 90505 SECURITY 112739 2 147952 2584866 1133692 42559 3866510 TUITION AND FEES 611710 17961613 17961613 AUXILIARY SERVICES 611710 958912 958912 OTHER PROGRAM REVENUE 611710 23409 23409 18943934 292486 292486 168282 135454 32828 32828 32828 41456 42559 -1103 -1103 -1103 183579 147952 180203 3376 3376 SPEAKER PRODUCTS 900099 1344 1344 1344 23139375 18943934 0 328931 2301038 2301038 963219 744402 158572 60245 7835719 5475866 1842474 517379 511326 365879 112438 33009 1093352 777123 241417 74812 653853 477313 137309 39231 37258 37258 97275 97275 46322 46322 28829 28829 37430 37430 454542 375990 67247 11305 56057 56057 1085401 880868 175092 29441 679061 565295 97390 16376 1361255 1133199 195229 32827 183287 152580 26287 4420 EDUCATION AND PROGRAM 816158 816158 STUDENT ACTIVITIES 795734 795734 REPAIRS AND MAINTANENCE 122214 101740 17528 2946 LEASED EQUIPMENT 71028 59129 10186 1713 1055 810 208 37 19231413 15079181 3328491 823741 13364878 2158188 36784 29934 5753869 8962503 241079 128289 52025857 13548351 39433337 38477506 8077212 16419875 2129936 8147723 7280 7280 69044375 74331298 2575349 2464158 15993217 17303185 22811029 22199043 41379595 41966386 X 26752837 31368002 911943 996910 27664780 32364912 69044375 74331298 3907962 792170 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 610496 1000 81525 693021 701780 500 -91784 610496 549666 1500 150614 701780 524998 1000 23668 549666 492866 1025 31107 524998 0.41780 0.58220 0 0 18068782 18068782 23333523 7581266 15752257 1503710 973544 530166 3884207 3168077 716130 5235635 1825464 3410171 38477506 CORPORATE BONDS 3119760 F US GOVERNMENT BONDS 4982211 F INTERNATIONAL BONDS 45752 F 8147723 X 21733990 792170 -2301038 -1508868 23242858 46322 -149805 -103483 23139375 17033858 0 17033858 46322 2151233 2197555 19231413 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. EACH YEAR, IN CONJUNCTION WITH ITS PREPARATION OF THE BUDGET, THE SCHOOL'S FINANCE COMMITTEE CONSIDERS WHETHER TO RECOMMEND SPENDING A PORTION OF THE ENDOWMENT. CURRENTLY, THE SCHOOL DOES NOT RELY UPON INCOME GENERATED BY THE ENDOWMENT FOR ITS OPERATIONS, AND THE BOARD INTENDS TO BUILD UP ENDOWMENT PRINCIPAL IN ORDER TO SUPPORT FUTURE NEEDS. THEREFORE, THE CURRENT TARGET SPENDING RATE IS SET AT ZERO. PART X, LINE 2: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME AND CALIFORNIA FRANCHISE TAXES UNDER THE PROVISIONS OF SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2023, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE -2,301,038. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -135,454. FUNDRAISING EXPENSE -14,351. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE 2,301,038. RENTAL EXPENSES -135,454. FUNDRAISING EXPENSE -14,351. 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 ORGANIZATION PUBLICIZED ITS POLICY OF RACIAL NON-DISCRIMINATION TO MAKE IT KNOWN TO ALL PARTS OF THE GENERAL COMMUNITY IT SERVES BY INCLUDING SUCH A STATEMENT IN ADVERTISEMENTS PUBLISHED IN SEVERAL LOCAL NEWSPAPERS AND MAGAZINES OF GENERAL CIRCULATION IN THE COMMUNITY DURING ITS REGISTRATION AND SOLICITATION PERIOD. THE ORGANIZATION ALSO INCLUDED A STATEMENT OF ITS RACIALLY NON-DISCRIMINATORY ADMISSIONS POLICY IN ALL ENROLLMENT APPLICATIONS. GALA/AUCTION 202744 91228 111516 55002 32311 3800 15707 PACIFIC PIER 60200 60200 37388 2500 13167 2 68587 56724 11863 4014 10495 5819 331531 147952 183579 96404 42806 6300 34693 180203 3376 1 FINANCIAL AID 257 2301038 FMV DIRECT CREDIT TO STUDENT ACCOUNT PART I, LINE 2: ALL FAMILIES APPLYING ARE REQUIRED TO FILL OUT THE SAME FORMS: SSS PARENT FINANCIAL STATEMENT, WILLOWS SUPPLEMENTAL FORM AND BUSINESS/FARM STATEMENT (IF APPLICABLE) AND TURN IN THE CURRENT YEAR'S TAX RETURN AND W2. FILES ARE REVIEWED BY THE ACCOUNTING MANAGER, CFO AND DIRECTOR OF ADMISSIONS. FINANCIAL AID IS AUTOMATICALLY APPLIED TO THE FAMILIES' ACCOUNTS SO NO MONEY IS SENT TO THE FAMILIES. FILES ARE MAINTAINED FROM YEAR TO YEAR AND ARE ARCHIVED WHEN THE STUDENT LEAVES. X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 LISA ROSENSTEIN HEAD OF SCHOOL 552244 0 0 0 7500 0 38832 0 27466 0 626042 0 0 0 KATHRYN COHEN CFO 268827 0 0 0 0 0 18758 0 19075 0 306660 0 0 0 MELISA UNGER ASSISTANT HEAD OF SCHOOL FOR ADVANCE 213350 0 0 0 0 0 14875 0 12129 0 240354 0 0 0 TERRI BAIRD DIRECTOR OF TEACHING & LEARNING 186706 0 0 0 0 0 13010 0 12176 0 211892 0 0 0 SUSAN SLEEPER DIRECTOR OF COMMUNICATIONS 148015 0 0 0 0 0 10300 0 20038 0 178353 0 0 0 VIVEK KAPOOR DIRECTOR OF TECHNOLOGY 154943 0 0 0 0 0 10787 0 7965 0 173695 0 0 0 STEVE FUTTERMAN DIRECTOR OF ADMISSIONS 143872 0 0 0 0 0 9800 0 11942 0 165614 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL(HOS) FREQUENTLY USED HER HOUSE FOR SCHOOL FUNCTIONS AND RECEIVED HOUSING ALLOWANCE OF $7,500. THE AMOUNT WAS INCLUDED ON SCHEDULE J, PART II, COLUMN B(III). THE HOS ALSO RECEIVED A CAR ALLOWANCE OF $7,017, WHICH WAS INCLUDED ON SCHEDULE J, PART II, COLUMN (D). A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2017-08-31 25435000 REFINANCE PRIOR BOND ISSUE 0 0 0 A 3069625 25435000 25435000 2017 1 0 1 1 A 0 1 0 0 0.04140 0.04140 1 0 1 A 0 0 1 0 0 0 0 0 1 A 0 X 8 42559 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER REPRESENTS THE NUMBER OF CONTRIBUTORS, NOT ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS, APPROVES THE PUBLIC DISCLOSUE VERSION OF THE FORM 990 RETURN AND RECOMMENDS TO THE FINANCE COMMITTEE. FINANCE COMMITTEE THEN REVIEWS, APPROVES AND RECOMMENDS TO THE BOARD. THE BOARD FORMALLY APPROVES AFTER REVIEW AND RECOMMENDATIONS FROM THE TWO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 12C RESPONSIBILITY TO REPORT: EACH PERSON MUST REPORT ANY CONFLICT OF INTEREST IN WHICH SUCH PERSON IS OR MAY BE INVOLVED TO THE SENIOR OR JUNIOR BOARD CO-CHAIR, IF A TRUSTEE, OR THE HEAD, IN CASE OF EMPLOYEES, WHO WILL DETERMINE HOW THE CONFLICT WILL BE RESOLVED BASED ON THE CIRCUMSTANCES INVOLVED. ANY TRUSTEE, OFFICER, EMPLOYEE OR OTHER REPRESENTATIVE WHO DISCOVERS ANY BREACH OF THIS POLICY MUST IMMEDIATELY ADVISE THE SENIOR OR JUNIOR BOARD CO-CHAIR (FOR TRUSTEES) AND THE HEAD OF SCHOOL (FOR EMPLOYEES) OF ALL PERTINENT DETAILS. FORM 990, PART VI, SECTION B, LINE 15 IN 2019, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES WAS DELEGATED THE AUTHORITY TO REVIEW THE HEAD OF SCHOOL'S COMPENSATION FOR THE RENEWAL OF HER CONTRACT EFFECTIVE, JULY 1, 2019. THE EXECUTIVE COMMITTEE HIRED AN INDEPENDENT THIRD PARTY ATTORNEY WHO REVIEWED COMPARABLE COMPENSATION DATA FROM SEVERAL SOURCES INCLUDING INDEPENDENT AND PRIVATE SCHOOL HEAD OF SCHOOL COMPENSATION DATA. THE EXECUTIVE COMMITTEE REVIEWED THE DATA AND THE TERMS OF THE HEAD'S CONTRACT, DELIBERATED, AND DETERMINED THAT THE PROPOSED COMPENSATION AGREEMENT AMOUNTS AND TERMS WERE COMPARABLE AND WITHIN THE RANGE OF OTHER SIMILARLY SITUATED EXECUTIVES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.