2024-03-13T15:38:00-05:00 2023-08-31 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2022-09-01 952547940 THE MARDAN FOUNDATION OF EDUCATIONAL THERAPY INC MARD 9493347389 1 OSBORN IRVINE CA 92604 TERRIE GERO-SMEAD DIR OF FINANCE AND HR 9497331500 2024-03-06 1 TERRIE GERO-SMEAD 999009999 0 WADE MCMULLEN P00541671 6268577300 2024-03-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JULIE L INCORVINA 1 OSBORN IRVINE CA 92604 3026363 0 X WWW.MARDANSCHOOL.ORG X 1962 CA TO IMPROVE THE ACADEMIC AND EMOTIONAL WELL-BEING OF CHILDREN WITH INDIVIDUAL CHALLENGES. 10 10 44 15 0 0 633667 205365 2436016 2848012 177453 -27014 0 0 3247136 3026363 0 0 0 0 2366380 2369559 0 0 20189 503467 606558 2869847 2976117 377289 50246 6940453 7239509 244761 252949 6695692 6986560 X MARDAN SCHOOL'S MISSION IS TO IMPROVE THE ACADEMIC AND EMOTIONAL WELL-BEING OF ANY CHILD WHO STRUGGLES WITH LEARNING, SOCIAL, AND/OR EMOTIONAL CHALLENGES. MARDAN PROVIDES A SAFE, THERAPEUTIC LEARNING ENVIRONMENT THAT TEACHES AND SUPPORTS THE NECESSARY ACADEMIC, SOCIAL, AND COPING SKILLS NEEDED FOR STUDENTS TO EXPERIENCE SUCCESS. 0 0 2638193 2848012 THE FOUNDATION OPERATES A SCHOOL WHICH SERVES APPROXIMATELY 70 STUDENTS WHO HAVE LEARNING DISABILITIES AND EMOTIONAL PROBLEMS. SOME STUDENTS ARE CHARGED TUITION BASED UPON ABILITY TO PAY. THEIR SCHOLARSHIP(TUITION REDUCTION) IS BASED UPON FINANCIAL NEED, AND IS DETERMINED BASED UPON A REVIEW OF THE FINANCIAL RESOURCES AND EXPENSES OF THEIR FAMILIES. TUITION REDUCTION FOR THE YEAR ENDED AUGUST 31, 2023 WAS $84,883. 2638193 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 44 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X TERRIE GERO-SMEAD 9497331500 1 OSBORN IRVINE CA 92604 JULIE INCORVINA CFE CPA CHAIRPERSON 0.50 X X 0 0 0 ANDREW WILLIAMS SECRETARY 0.25 X X 0 0 0 PETER SCHOENLAUB TREASURER 0.25 X X 0 0 0 GREGORY BUCHERT MPH MD TRUSTEE 0.25 X 0 0 0 SEAN FOLEY TRUSTEE 0.25 X 0 0 0 LESLEY MACARTHUR MD TRUSTEE 0.25 X 0 0 0 ANDREA STEBEL MD TRUSTEE 0.25 X 0 0 0 DAVID DWORAKOWSKI TRUSTEE 0.25 X 0 0 0 SANDRA SALWAY TRUSTEE 8.00 X 0 0 0 SHERRY HOSELTON TRUSTEE 0.25 X 0 0 0 TERRIE GERO-SMEAD DIR OF FINANCE/HR 50.00 X 124894 0 10597 PETER CANDELA THERAPIST 20.00 X 144450 0 10043 ERIN ROSENTHAL SUPERVISOR OF ED SERVICES 40.00 X 107025 0 25620 376369 0 46260 3 0 0 0 0 X 205365 205365 TUITION 611600 2410050 2410050 OTHER PROGRAM REVENUE 611600 437962 437962 2848012 -27014 -27014 3026363 2848012 0 -27014 147899 14790 129412 3697 1769629 1701785 66081 1763 111452 106532 4783 137 203863 193262 10081 520 136716 122704 13630 382 19435 19435 12679 12679 17073 14749 1798 526 60475 48934 9604 1937 300683 263653 29638 7392 14378 12581 1438 359 78820 63193 13863 1764 CURRICULUM 87266 87266 OTHER EXPENSES 14535 8744 5293 498 FUNDRAISING 1214 1214 2976117 2638193 317735 20189 200 200 317629 364040 153567 195455 30480 40080 5760900 3819404 1841143 1941496 4597434 4688025 0 10213 6940453 7239509 210754 223571 34007 19245 0 10133 244761 252949 X 5307808 5602970 1387884 1383590 6695692 6986560 6940453 7239509 50246 240622 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3975512 163288 48621 4090179 4482037 -490517 16008 3975512 3949666 563262 30891 4482037 3747073 250608 48015 3949666 3725255 146818 125000 3747073 0.72000 0.16000 0.12000 0 0 1662750 1662750 3595093 3466486 128607 142678 7134 135544 360379 345784 14595 1941496 LEASE LIABILITY 10133 10133 X 3266985 240622 240622 3026363 0 3026363 2976117 0 2976117 0 2976117 PART V, LINE 4: THE ENDOWMENT IS USED TO SUPPORT EDUCATION PROGRAMS OF THE FOUNDATION. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3) AND FROM STATE INCOME TAXES UNDER THE APPLICABLE STATUTES OF THE STATE OF CALIFORNIA. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE FOUNDATION FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF CALIFORNIA. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. 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 FOLLOWING PHRASE APPEARS IN ALL ADVERTISING AND BROCHURES: THE MARDAN FOUNDATION OF EDUCATIONAL THERAPY, INC., IS A 501(C)(3) NON-PROFIT, NON-SECTARIAN TAX EXEMPT ORGANIZATION THAT DOES NOT DISCRIMINATE OR CONSIDER ADMISSIONS ON THE BASIS OF RACE, COLOR, RELIGION, NATIONAL AND ETHNIC ORIGIN, GENDER, SEXUAL ORIENTATION, OR GENDER IDENTITY. X X 0 0 0 0 0 0 0 0 0 PART I, LINE 3 ON AN ANNUAL BASIS, THE DIRECTOR OF FINANCE WILL IDENTIFY KEY EMPLOYEES AND WILL PROVIDE THE BOARD PRESIDENT WITH THE TOTAL COMPENSATION PACKAGE RECEIVED BY THOSE INDIVIDUALS FOR THE PAST FISCAL YEAR, AS WELL AS A RECOMMENDATION FOR THE UPCOMING YEAR. THE TRUSTEES WILL BE PROVIDED WITH DATA IN ORDER TO BE ABLE TO COMPARE COMPENSATION FOR SIMILARLY QUALIFIED PEOPLE IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE PACKAGE(S) WILL BE REVIEWED BY TRUSTEES IN CLOSED SESSION AND WILL BE APPROVED BY THE TRUSTEES. THE KEY EMPLOYEES WITH CONFLICTS OF INTEREST MAY NOT BE INVOLVED IN THE REVIEW OR THE APPROVAL. THE RESULTS OF THE DISCUSSION, DELIBERATION, AND VOTE ARE REPORTED AS PART OF THE BOARD MEETING MINUTES AFTER THE BOARD MEMBERS RETURN FROM CLOSED SESSION. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION;S PROCESS TO REVIEW 990: DIRECTOR OF FINANCE REVIEWS WITH THE BOARD PRESIDENT AFTER THE FOUNDATION RECEIVES A DRAFT FROM CLA, AND BEFORE MAILING THE FORM 990. AFTER REVIEW BY THE BOARD PRESIDENT,, THE 990 IS DISTRIBUTED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE, MEMBER OF A COMMITTEE WITH GOVERNING BOARD-DELEGATED POWERS AND KEY EMPLOYEES AND ANY OTHER OFFICER OF THE CORPORATION SHALL ANNUALLY SIGN A STATEMENT THAT AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY B. HAS READ AND UNDERSTANDS THE POLICY C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS MARDAN IS A NONPROFIT AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. ADDITIONALLY, MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE INTERESTED PERSON, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND EXECUTIVE DIRECTOR. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS. FORM 990, PART VI, SECTION B, LINE 15 ON AN ANNUAL BASIS, THE DIRECTOR OF FINANCE WILL IDENTIFY KEY EMPLOYEES AND WILL PROVIDE THE BOARD PRESIDENT WITH THE TOTAL COMPENSATION PACKAGE RECEIVED BY THOSE INDIVIDUALS FOR THE PAST FISCAL YEAR, AS WELL AS A RECOMMENDATION FOR THE UPCOMING YEAR. THE TRUSTEES WILL BE PROVIDED WITH DATA IN ORDER TO BE ABLE TO COMPARE COMPENSATION FOR SIMILARY QUALIFIED PEOPLE IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE PACKAGE(S) WILL BE REVIEWED BY TRUSTEES IN CLOSED SESSION AND WILL BE APPROVED BY THE TRUSTEES. THE KEY EMPLOYEES WITH CONFLICTS OF INTEREST MAY NOT BE INVOLVED IN THE REVIEW OR THE APPROVAL. THE SAME AS THE EXPLANATION ABOVE. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, COPIES OF THE GOVERNING DOCUMENTS AND CONFLICTS OF INTEREST ARE PROVIDED. 990 PART VIII LINE 3 INVESTMENT INCOME COMPRISED OF INTEREST AND DIVIDENDS OF $148,799, INVESTMENT FEES OF $39,920, AND REALIZED LOSSES OF $135,893.