2024-05-13T12:14:40-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 2875 MICHELLE DRIVE 300 IRVINE CA 92606 990 2022-07-01 954746924 SEVEN ARROWS ELEMENTARY SCHOOL SEVE 3102304900 15240 LA CRUZ DRIVE PACIFIC PALISADES CA 90272 JUSTIN BECK CONTROLLER 3102304900 2024-05-07 1 JUSTIN BECK 999009999 0 LISA N RYSSEL CPA P00643670 7149781300 2024-05-07 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JUSTIN BECK 15240 LA CRUZ DRIVE PACIFIC PALISADES CA 90272 10553372 0 X WWW.SEVENARROWS.ORG X 1999 CA SEVEN ARROWS PROVIDES EDUCATIONAL SERVICES FROM KINDERGARTEN THROUGH THE SIXTH GRADE. 25 25 71 75 0 0 3197484 2674575 6676398 7631589 6945 56197 -88693 54871 9792134 10417232 412014 265823 0 0 4732220 5311758 0 0 561719 3549060 4199255 8693294 9776836 1098840 640396 22653182 26267540 15106598 18032320 7546584 8235220 X SEVEN ARROWS' CORE MISSION IS TO TEACH AND PROMOTE PASSION FOR LEARNING, ACADEMIC EXCELLENCE, AND A COMMITMENT TO LOCAL AND GLOBAL COMMUNITIES. SEVEN ARROWS AND ITS STAFF WILL SUPPORT AND ENCOURAGE THE DEVELOPMENT OF COMPETENT, DISCIPLINED, CRITICAL, CREATIVE, RESPECTFUL, AND ETHICAL HUMAN BEINGS IN AN ENVIRONMENT THAT CELEBRATES EACH CHILD'S INNATE ABILITIES AND CHALLENGES HER OR HIS PERSONAL POTENTIAL. 0 0 7808743 265823 7631589 THE SCHOOL, WITH AN APPROXIMATE ENROLLMENT OF 165 STUDENTS, PROVIDES A RIGOROUS AND REWARDING ACADEMIC EXPERIENCE FOR THE STUDENTS AND IT ALSO NURTURES THEIR DEVELOPMENT AS CARING AND RESPONSIBLE HUMAN BEINGS. BASIC VALUES, SUCH AS RESPECT FOR SELF AND OTHERS, RESPONSIBILITY, HONESTY, EMPATHY, AND FAIRNESS, AS WELL AS MULTICULTURALISM ARE TAUGHT AS ESSENTIAL ELEMENTS OF SUCCESSFUL PERSONAL INTERACTIONS. 7808743 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 36 0 1 71 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X JUSTIN BECK 3102300257 15240 LA CRUZ DRIVE PACIFIC PALISADES CA 90272 MARGARITA PAGLIAI HEAD OF SCHOOL 40.00 X 339103 0 31892 JANE ROSE BUSINESS OFFICER 40.00 X 135776 0 20308 SARA KAVIAR DIRECTOR OF INNOVATION & L 40.00 X 146520 0 22188 DARREN NAKASUJI DEAN OF STUDENTS 40.00 X 114155 0 17764 JUSTIN BECK CONTROLLER (START 03/23) 40.00 X 0 0 0 SCOTT MARLETTE CHAIRMAN 1.00 X X 0 0 0 BRETT WYARD VICE PRESIDENT 1.00 X X 0 0 0 MICHEAL KAPLAN VICE PRESIDENT 1.00 X X 0 0 0 AMY ELSON TURTELTAUB NOMINATING CHAIR 1.00 X X 0 0 0 SUE ANTONI TRUSTEE 1.00 X 0 0 0 JENNIFER CHAMBERS TRUSTEE 1.00 X 0 0 0 WINSTON CHAPPELL TRUSTEE 1.00 X 0 0 0 MICHAEL COHEN TRUSTEE 1.00 X 0 0 0 ANJINI DESAI TRUSTEE 1.00 X 0 0 0 ANI DILLON TRUSTEE 1.00 X 0 0 0 STEPHEN HENNING TRUSTEE 1.00 X 0 0 0 JILL KOPLIN TRUSTEE 1.00 X 0 0 0 VICTORIA LERNER TRUSTEE 1.00 X 0 0 0 ELIZABETH FIEDLER MARASHI TRUSTEE 1.00 X 0 0 0 PETER MORRISON TRUSTEE 1.00 X 0 0 0 TREVOR NELSON TRUSTEE 1.00 X 0 0 0 MAX NICHOLS TRUSTEE 1.00 X 0 0 0 SUSANA ODRIOZOLA TRUSTEE 1.00 X 0 0 0 ANDREA PERDUE TRUSTEE 1.00 X 0 0 0 CHIP ROBERTSON TRUSTEE 1.00 X 0 0 0 HARRY SALAMANDRA JR TRUSTEE 1.00 X 0 0 0 SHAWNA WILSON TRUSTEE 1.00 X 0 0 0 GINA YANG TRUSTEE 1.00 X 0 0 0 KALIKA YAP TRUSTEE 1.00 X 0 0 0 RICK YORN TRUSTEE 1.00 X 0 0 0 735554 0 92152 4 0 1 0 0 676514 1998061 2674575 TUITION 611600 7253166 7253166 EGK INCOME 611600 210707 210707 AFTER SCHOOL PROGRAMS 611600 167716 167716 7631589 56197 56197 136140 676514 136140 0 MISCELLANEOUS REVENUE 900099 54871 54871 54871 10417232 7631589 0 111068 265823 265823 744155 38213 482696 223246 3554696 3464227 90469 135944 123862 9094 2988 566326 524408 38499 3419 310637 283030 20779 6828 10152 10152 51275 51275 4443 4443 544104 181363 200559 162182 51805 8512 36154 7139 142501 23414 99449 19638 93948 85663 7369 916 893080 814316 70052 8712 94591 43299 30159 21133 338999 308490 27120 3389 554864 504926 44389 5549 125443 114379 9840 1224 STUDENT ACTIVITIES 530100 530100 OTHER EXPENSES 392454 179645 125129 87680 UTILITIES 109514 99856 8590 1068 PROFESSIONAL DEVELOPMEN 86255 78648 6766 841 175727 136569 33391 5767 9776836 7808743 1406374 561719 1356231 627904 6969501 8211639 1796900 1497074 24732 1668188 170113 75221 14074299 3245329 11118207 10828970 1217498 3358544 22653182 26267540 227643 413886 5553751 5689953 8000000 6934000 1325204 4994481 15106598 18032320 X 4892359 7313650 2654225 921570 7546584 8235220 22653182 26267540 640396 48240 0 X X 1 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 631126 2500 80572 714198 697949 2500 -69323 631126 38843 659000 106 697949 36330 2500 13 38843 33830 2500 36330 0.00000 0.98250 0.01750 0 0 5250000 5250000 5250000 269230 4980770 2781337 2232873 548464 521862 514094 7768 271100 229132 41968 10828970 OPERATING RIGHT OF USE ASSETS 3358544 3358544 CONTRACT LIABILITIES 1497074 OPERATING LEASE LIABILITY 3497407 4994481 X PART X, LINE 2: 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(D) OF THE CALIFORNIA REVENUE TAXATION CODE. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN 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. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL ADVERTISES ITS NONDISCRIMINATORY POLICY EVERY YEAR IN INTERNAL PUBLICATIONS. SPRING AUCTION 730669 597375 133294 120395 2200 10699 WALK-A-THON 81985 79139 2846 2846 812654 676514 136140 120395 2200 13545 136140 0 1 FINANCIAL AID 15 265823 PART I, LINE 2: ALL FAMILIES DESIRING TO RECEIVE FINANCIAL ASSISTANCE MUST COMPLETE THE NECESSARY APPLICATION FORMS AND SUBMIT THEIR MOST CURRENT TAX RETURNS. IN ADDITION TO APPLYING FOR AID, THE SCHOOL HAS A LIST OF CRITERIA THAT APPLICANTS MUST MEET IN ORDER TO QUALIFY. OUR COMMITTEE FOR FINANCIAL ASSISTANCE, WHICH CONSISTS OF THE HEAD OF SCHOOL, BUSINESS OFFICER, AND A DIRECTOR OF ADMISSIONS, LOOKS AT EACH APPLICATION CAREFULLY. THE AMOUNT OF FINANCIAL AID TO BE AWARDED IS BUDGETED ANNUALLY AND THE AWARDS TO EACH FAMILY IS BASED ON THAT OVERALL NUMBER. 1 X X X X 0 0 0 0 0 0 0 0 0 MARGARITA PAGLIAI HEAD OF SCHOOL 339103 0 0 0 0 0 16955 0 14937 0 370995 0 0 0 JANE ROSE BUSINESS OFFICER 135776 0 0 0 0 0 6789 0 13519 0 156084 0 0 0 SARA KAVIAR DIRECTOR OF INNOVATION & L 146520 0 0 0 0 0 7326 0 14862 0 168708 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF THE CORPORATION SHALL ALSO BE KNOWN AS THE STEERING COMMITTEE. THE STEERING COMMITTEE SHALL CONSIST OF BETWEEN 7-10 MEMBERS, WITH 10 BEING THE MAXIMUM, UNTIL CHANGED BY AMENDMENT TO THESE BYLAWS. THE EXACT NUMBER OF MEMBERS OFTHE STEERING COMMITTEE SHALL BE FIXED, WITHIN THOSE LIMITS, BY A RESOLUTION ADOPTED BY THE STEERING COMMITTEE FIXING SUCH NUMBER DIRECTLY, OR BY ELECTING MEMBERS TO THE STEERING COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE SCHOOL'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. THE RETURN IS REVIEWED BY MANAGEMENT AND ANY CHANGES INCORPORATED INTO THE FORM 990, EXCLUDING SCHEDULE B, IS PROVIDED TO THE FINANCE COMMITTEE FOR APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C A SELF-DEALING SITUATION OR CONFLICT MAY ARISE IF THE SCHOOL IS A PARTY TO ANY ARRANGEMENT IN WHICH ONE OR MORE OF THE TRUSTEES, ADMINISTRATORS OR OTHER EMPLOYEES OF THE SCHOOL, OR ANY ENTITY OR PERSON RELATED TO ANY OF SUCH PERSONS ("RELATED PARTY"), INDIVIDUALLY HAS A MATERIAL FINANCIAL INTEREST. ALL CONFLICT OF INTEREST IS DETERMINDED BY THE BOARD. ANY SUCH TRANSACTION IS PROHIBITED, UNLESS SPECIFICALLY APPROVED IN ADVANCE BY THE BOARD OR THE EXECUTIVE COMMITTEE. EACH PERSON MUST REPORT ANY CONFLICT OF INTEREST IN WHICH SUCH PERSON IS OR MAY BE INVOLVED TO THE PRESIDENT, IF A TRUSTEE, OR THE HEAD, IN CASE OF EMPLOYEES, WHO WILL DETERMINE HOW THE CONFLICT WILL BE RESOLVED. ON AN ANNUAL BASIS, THE HEAD OF SCHOOL WILL PROVIDE THE EXECUTIVE COMMITTEE WITH A SUMMARY LIST OF THE GIFTS RECEIVED BY EACH SCHOOL EMPLOYEE WHICH EXCEED $100. ANY TRUSTEE, ADMINISTRATOR, EMPLOYEE OR OTHER REPRESENTATIVE WHO DISCOVERS ANY BREACH OF THIS POLICY MUST IMMEDIATELY ADVISE THE PRESIDENT (FOR TRUSTEES) AND THE HEAD OF SCHOOL (FOR EMPLOYEES) OF ALL PERTINENT DETAILS. A TRUSTEE WITH A CONFLICT OF INTEREST IS PROHIBITED FROM VOTING ON THE MANNER. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S COMPENSATION IS REVIEWED AND AUTHORIZED ANNUALLY BY THE STEERING COMMITTEE OF THE BOARD OF TRUSTEES. THIS REVIEW PROCESS ENTAILS A COMPARISON TO PEER SCHOOLS AND OTHER RELEVANT PERFORMANCE FACTORS. OUR SCHOOL BENEFITS FROM CONTINUING LEADERSHIP FROM THE HEAD OF SCHOOL, WHO ALSO IS THE FOUNDER, BRINGING OVER 20 YEARS OF INSIGHT AND EXPERIENCE. THE HEAD OF SCHOOL OPERATES UNDER THE TERMS SET OUT IN HER CONTRACT DATED JULY 2011. IT IS EXPECTED THAT THE CONTRACT WILL BE REVIEWED WITH ANY NECESSARY MODIFICATIONS FOR THE 2022-2023 SCHOOL YEAR. EXECUTIVE COMPENSATION IS DETERMINED ANNUALLY BY THE HEAD OF SCHOOL. THIS REVIEW CONSIDERS PEER SCHOOLS AND OTHER RELEVANT PERFORMANCE FACTORS. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C NO CHANGES FROM PRIOR YEAR.