2024-07-12T13:00:57-05:00 2023-08-31 HOLTHOUSE CARLIN & VAN TRIGT LLP 15760 VENTURA BLVD SUITE 1700 ENCINO CA 91436 990 2022-09-01 954823704 SIERRA CANYON SCHOOL % RICHARD SHAPIRO SIER 8188828121 11052 INDEPENDENCE AVENUE CHATSWORTH CA 91311 RICHARD SHAPIRO CFO 8188828121 2024-06-15 true RICHARD SHAPIRO XXX-XX-XXXX NORMAN J TAMKIN P00230294 8188493140 2 2022 2023-04-26 12:10:37Z RICHARD SHAPIRO 11052 INDEPENDENCE AVENUE CHATSWORTH CA 91311 56937808 false X SIERRACANYONSCHOOL.ORG X 2000 CA TO PROVIDE ELEMENTARY THROUGH HIGH SCHOOL EDUCATION 26 26 403 12 0 2240317 3683645 47429484 51513500 2939162 1528227 -37546 -47753 52571417 56677619 7647448 8170793 0 0 23631370 25200445 0 0 1236054 20489126 21311351 51767944 54682589 803473 1995030 92839877 96821951 75913844 77739965 16926033 19081986 TO PROVIDE ELEMENTARY THROUGH HIGH SCHOOL EDUCATION false false 45334488 8170793 51513500 LOCATED IN CHATSWORTH, CALIFORNIA, THE FOUNDATION RUNS A PRIVATE SCHOOL PROVIDING EDUCATION TO STUDENTS FROM EARLY KINDERGARTEN TO 12TH GRADE. INCOME IS DERIVED FROM TUITION, FEES, CONTRIBUTIONS, AND FUNDRAISING. 45334488 true true false false false false false false true false true false false false true false true false true false false false false false true false false false true true true false false false false false true false true true true true false false false false false false false false true 127 0 403 true false false false false false true true false false false false false false false X 26 26 true false false false false false false true true false false true true true true true true true true false CA X RICHARD SHAPIRO 8188828121 11052 INDEPENDENCE AVENUE CHATSWORTH CA 91311 JAMES SKRUMBIS PRESIDENT & CEO 40.0 0.0 X X 474750 0 51925 RICHARD SHAPIRO TRUSTEE/CFO/COO 10.0 0.0 X X 269800 0 71682 JASON S MILLER DIRECTOR OF OPERATIONS 40.0 0.0 X 162770 0 47346 STEPHANIE RUBIN UPPER SCHOOL DIRECTOR 40.0 0.0 X 153832 0 53433 TOM KELLER DIRECTOR OF STUDIES 40.0 0.0 X 166543 0 35081 KRISTINE THEODORATOS DIRECTOR LOWER SCHOOL 40.0 0.0 X 139950 0 56246 STEPHEN R BURNETT DIRECTOR OF STUDENT ADVANCEMEN 40.0 0.0 X 165642 0 27278 LINDSAY LOTTATI MIDDLE SCHOOL DIRECTOR 40.0 0.0 X 162922 0 23228 ADAM HORWITZ DEAN OF STUDENTS, PRE-K-6 40.0 0.0 X 115313 0 57181 JONATHAN ELLINGHOUSE ASSISTANT ATHLETIC DIRECTOR 40.0 0.0 X 124425 0 39157 SERGIO RIBEIRO INTERNATIONAL PROGRAM DIRECTOR 40.0 0.0 X 118027 0 42996 STEVE FAZIO TRUSTEE 1.0 0.0 X 0 0 0 CHARLENE BOUDREAUX-DUBOSE TRUSTEE 1.0 0.0 X 0 0 0 BRAD BOYAJIAN TRUSTEE, PROJECT MANAGER 1.0 0.0 X 0 0 0 BARRY BROOKER TRUSTEE 1.0 0.0 X 0 0 0 DR VIMAL LALA TRUSTEE 1.0 0.0 X 0 0 0 STEVEN KONSKER TRUSTEE 1.0 0.0 X 0 0 0 CATHERINE TRIPODIS TRUSTEE 1.0 0.0 X 0 0 0 STEVE EISNER TRUSTEE 1.0 0.0 X 0 0 0 MICK HORWITZ TRUSTEE 1.0 0.0 X 0 0 0 DIEDRE DELANY TRUSTEE 1.0 0.0 X 0 0 0 HOWARD WANG TRUSTEE 1.0 0.0 X 0 0 0 MURAD SIAM TRUSTEE 1.0 0.0 X 0 0 0 ROLAND TELLIS TRUSTEE 1.0 0.0 X 0 0 0 JONAS CEDERGREN TRUSTEE 1.0 0.0 X 0 0 0 RAINBOW LUO TRUSTEE 1.0 0.0 X 0 0 0 SUSAN MOSELEY TRUSTEE 1.0 0.0 X 0 0 0 RAM DUKKIPATI TRUSTEE 1.0 0.0 X 0 0 0 CLARE DAVIS TRUSTEE 1.0 0.0 X 0 0 0 RAMI HADDAD TRUSTEE 1.0 0.0 X 0 0 0 CYRUS NIKOU TRUSTEE 1.0 0.0 X 0 0 0 MICAH SCHEINBERG TRUSTEE 1.0 0.0 X 0 0 0 JEANINE SMITH TRUSTEE 1.0 0.0 X 0 0 0 ANDREW THAU TRUSTEE 1.0 0.0 X 0 0 0 2053974 0 505553 11 true true false LAURIE SUE STALICK 17689 ARVIDA DRIVE GRANADA HILLS CA 91344 TRAVEL AGENT 167961 AUVIX SOLUTIONS 16309 HALSEY STREET GRANADA HILLS CA 91344 ELECTRONICS & SOUND 121860 BYROM-DAVEY INC 13220 EVENING CREEK DR SOUTH 103 SAN DIEGO CA 92128 CONSTRUCTION 478471 DEL AMO CONSTRUCTION INC 23840 MADISON STREET TORRANCE CA 90505 CONSTRUCTION 2364958 GABRIEL SOSA 2247 EL MARRA DR OCOEE FL 34761 SECURITY 157683 6 X 116725 3566920 128155 3683645 EDUCATIONAL TUITION & FEES 611600 44574826 44574826 CAMP INCOME 611600 2842507 2842507 PROGRAM ACTIVITIES 611600 1514621 1514621 FIELD TRIP INCOME 611600 1016794 1016794 LUNCH PROGRAM 611600 1210989 1210989 353763 353763 51513500 81547 81547 0 0 0 0 0 1446680 212436 116725 260189 -47753 -47753 0 0 0 0 0 0 0 56677619 51513500 33794 X 0 8170793 8170793 0 0 2810811 2248649 477838 84324 0 15508597 12406878 2636461 465258 601507 481206 102256 18045 4907058 3925646 834200 147212 1372472 1097978 233320 41174 0 2145 1544 601 69768 50233 19535 0 0 0 0 40710 15470 4478 20762 166559 119922 46637 387671 279123 108548 0 90615 67961 22654 0 0 0 1698291 1273718 424573 0 3778212 2833659 944553 812877 609658 203219 ADMISSION & INSTITUTIONAL ADVA 369403 140373 40634 188396 ATHLETIC PROGRAM 2072796 1865516 165824 41456 BANK AND CREDIT CARD CHARGES 180551 171525 1804 7222 CAMP EXPENSES 1781660 1603494 142533 35633 9860093 7971142 1702379 186572 54682589 45334488 8112047 1236054 X 10992524 13723462 0 0 0 0 171136 330406 0 0 0 0 0 0 0 0 823361 925330 110552298 40021742 66228501 70530556 2078330 3417414 0 0 0 0 3860687 3288733 8685338 4606050 92839877 96821951 3939746 4792981 0 0 24827472 27220580 46801234 45398104 10226 10226 0 0 335166 234314 0 0 0 83760 75913844 77739965 X 16926033 18739396 0 342590 16926033 19081986 92839877 96821951 X 1995030 160923 X false true X true false X 2137663 1552661 4691240 2240317 3683645 14305526 0 0 2137663 1552661 4691240 2240317 3683645 14305526 0 14305526 31468 16683 1758 4712 81547 136168 0 313680 64464 39951 176338 212436 806869 15248563 223173579 0.93816 0.91811 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 20536612 20536612 81791340 33028539 48762801 2500 2500 7411358 6320450 1090908 810488 670253 140235 70530556 0 LEASE LIABILITY 83760 83760 48927938 160923 160923 48767015 7910604 7910604 56677619 46771985 46771985 7910604 7910604 54682589 SCHEDULE D, PART IV, LINE 2B - EXPLANATION OF ESCROW ACCOUNT LIABILITY THE ORGANIZATION ACTS AS TREASURER FOR JOINT FUNDS HELD FOR VARIOUS SCHOOLS TO PAY OFFICIALS FOR ATHLETIC EVENTS. THE AMOUNT OF FUNDS HELD AS OF AUGUST 31, 2023 WAS $10,226. SCHEDULE D, PART X - FIN 48 FOOTNOTE THE FOUNDATION HAS ADOPTED THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ACCOUNTING STANDARDS WHICH CLARIFIES THE ACCOUNTING AND RECOGNITION FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE FOUNDATION'S INCOME TAX RETURNS. THE FOUNDATION DOES NOT HAVE ANY INCOME WHICH MANAGEMENT BELIEVES WOULD SUBJECT THE FOUNDATION TO UNRELATED BUSINESS INCOME TAXES. THE FOUNDATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THERE ARE NO EXAMINATIONS CURRENTLY PENDING. SCHEDULE D, PART XI, LINE 4B BOOK ITEMS RECLASSED TO EXPENSES ON TAX RETURN: FINANCIAL AID NETTED WITH TUITION ON FINANCIAL STMT.......8,170,793 DIRECT COSTS RECLASSED TO FUNDRAISING ON TAX RETURN.......<260,189> SCHEDULE D, PART XII, LINE 4B BOOK ITEMS RECLASSED FROM INCOME TO EXPENSE ON TAX RETURN: FINANCIAL AID NETTED WITH TUITION ON FINANCIAL STMT.......8,170,793 DIRECT COSTS RECLASSED TO FUNDRAISING ON TAX RETURN........<260,189> true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3 - RACIALLY NONDISCRIMINATORY POLICY PUBLICIZED SIERRA CANYON HIGH SCHOOL FOUNDATION CUSTOMARILY DRAWS SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM A WORLD WIDE GEOGRAPHIC SECTION AND FROM THE LOCAL COMMUNITY. THE SCHOOL CURRENTLY ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS. AS ALLOWED BY REV PROC 75-50 1975-2 C.B. 587, THE SCHOOL SATISFIES THE PUBLICITY REQUIREMENTS BY INCLUDING ITS RACIALLY NONDISCRIMINATORY POLICY AS TO ITS STUDENTS IN ALL ITS BROCHURES AND CATALOGUES DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS. PTA FUNDRAISING 260953 116725 144228 133641 CARNIVAL 68208 68208 124948 1 0 0 1600 329161 116725 212436 260189 260189 -47753 true FINANCIAL AID 327 8170793 PART I, LINE 2 - PROCEDURES FOR MONITORING USE OF GRANT FUNDS IN U.S. FUNDS ARE USED TO OFFSET THE COSTS OF EDUCATION AND ARE NOT DISTRIBUTED DIRECTY TO THE RECIPIENTS. X true true X X X X false false false false false false false false false JAMES SKRUMBIS PRESIDENT & CEO 384750 0 90000 20250 31675 526675 STEPHEN R BURNETT DIRECTOR OF STUDENT ADVANCEMEN 165642 0 0 12851 14427 192920 JASON S MILLER DIRECTOR OF OPERATIONS 162770 0 0 19105 28241 210116 TOM KELLER DIRECTOR OF STUDIES 166543 0 0 9205 25876 201624 RICHARD SHAPIRO TRUSTEE/CFO/COO 269800 0 0 27000 44682 341482 KRISTINE THEODORATOS DIRECTOR LOWER SCHOOL 139950 0 0 11764 44482 196196 ADAM HORWITZ DEAN OF STUDENTS, PRE-K-6 115313 0 0 12812 44369 172494 JONATHAN ELLINGHOUSE ASSISTANT ATHLETIC DIRECTOR 124425 0 0 13281 25876 163582 SERGIO RIBEIRO INTERNATIONAL PROGRAM DIRECTOR 118027 0 0 6777 36219 161023 STEPHANIE RUBIN UPPER SCHOOL DIRECTOR 153832 0 0 8875 44558 207265 LINDSAY LOTTATI MIDDLE SCHOOL DIRECTOR 162922 0 0 8801 14427 186150 Schedule J, Part II, Line 2 A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY(2017B) 352273601 2017-05-25 8025000 CONSTRUCTION OF HIGH SCHOOL false false false B CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY(2021A) 352273601 2021-12-14 30500000 CONSTRUCTION OF HIGH SCHOOL false false false C CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY(2021B) 352273601 2021-12-14 13000000 CONSTRUCTION OF HIGH SCHOOL false false false A 0 0 8025000 0 0 8025000 0 0 0 0 0 0 false false true true B 0 0 30500000 0 0 29970222 529778 0 0 0 0 0 false false true true C 0 0 13000000 0 0 12774235 225765 0 0 0 0 0 false false true true A false false false false 0 false false false B false false false false 0 false false false C false false false false 0 false false false A false false false 0 false 0 false false B false false false 0 false 0 false false C false false false 0 false 0 false false A true B true C true DINA SKRUMBIS FAMILY (J SKRUMBIS) RENT false SCHEDULE L, PART IV BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS DINA SKRUMBIS, DIRECTOR OF ADMISSION, HAS A FAMILY RELATIONSHIP WITH JAMES SKRUMBIS. FORM 1099-MISC WAS ISSUED IN THE AMOUNT OF $79,792.88 TO DINA SKRUMBIS FOR RENTAL OF PERSONAL RESIDENCE TO CONDUCT SCHOOL EVENTS. X 8 128155 FMV false false true SCHEDULE M, PART I, LINE 32 MORGAN STANLEY FINANCIAL INSTITUTION WAS USED TO SELL DONATED STOCK. SCHEDULE M, PART I, COLUMN (B) CONTRIBUTIONS ARE REPORTED AS THE NUMBER OF CONTRIBUTIONS MADE. FORM 990, PART VI, LINE 2-RELATIONSHIP OF OFFICERS, DIRECTORS,ETC ADAM HORWITZ, DEAN OF STUDENTS, HAS A FAMILY RELATIONSHIP WITH STEPHEN HORWITZ, BOARD MEMBER. JAMES SKRUMBIS, PRESIDENT, HAS A FAMILY RELATIONSHIP DINA SKRUMBIS, DIRECTOR OF ADMISSION PRE-K-6 FORM 990, PART VI, LINE 11B - FORM 990 REVIEW PROCESS FORM 990 IS REVIEWED BY THE CEO AND DIRECTOR OF FINANCE. THE RETURN IS ALSO REVIEWED BY THE FINANCE COMMITTEE. FORM 990, PART VI, LINE 12C-MONITORING & ENFORCEMENT OF CONFLICTS ON GOING REVIEW IS CONDUCTED BY THE BOARD OF TRUSTEES. ALL OFFICERS, DIRECTORS AND EMPLOYEES ARE COVERED BY THE POLICY THE CHIEF EXECUTIVE OFFICER DETERMINES WHETHER A POTENTIAL CONFLICT OF INTEREST EXISTS AND REMITS IT TO THE BOARD FOR REVIEW. THE PERSON WITH THE CONFLICT IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF THE TRANSACTION. FORM 990, PART VI, LINE 15A-COMPENSATION & APPROVAL PROCESS-CEO&TOP MANAGE THE COMPENSATION COMMITTEE REVIEWS THE COMPENSATION OF THE PRESIDENT AND MAKES RECOMMENDATIONS TO THE BOARD OF TRUSTEES. THE COMMITTEE USES COMPARABLE DATA IN ITS REVIEW. THE REVIEW PROCESS AND DECISION IS CONTEMPORANEOUSLY DOCUMENTED. THE BOARD OF TRUSTEES GIVES FINAL APPROVAL OF THE COMPENSATION. FORM 990, PART VI, LINE 15B-COMPENSATION REVIEW & APPROVAL PROCESS-OFFICER THE COMPENSATION OF KEY EMPLOYEES IS DETERMINED BY THE CEO AND APPROVED BY THE PRESIDENT AND COMPENSATION COMMITTEE. COMPARABLE DATA FROM OTHER PRIVATE SCHOOLS IN THE LOS ANGELES AREA IS USED IN THE DETERMINATION. THE DETERMINATION OF THE SALARIES IS COMTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, LINE 19-OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 10-ACCRUED GAIN THE AUDITED FINANCIAL STATEMENTS REPORT AN ACCRUED GAIN OF $160,923 FOR THE YEAR ENDING 8/31/2023. FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:DEPARTMENT EXPENSES TOTAL EXPENSES:2026110 PROGRAM SERVICES:1620888 MANAGEMENT AND GENERAL:405222 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:COMMUNITY OUTREACH TOTAL EXPENSES:67717 PROGRAM SERVICES:25732 MANAGEMENT AND GENERAL:7449 FUNDRAISING:34536 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:EQUIPMENT LEASE TOTAL EXPENSES:150763 PROGRAM SERVICES:113072 MANAGEMENT AND GENERAL:37691 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:EVENTS EXPENSE TOTAL EXPENSES:152987 PROGRAM SERVICES:58135 MANAGEMENT AND GENERAL:16829 FUNDRAISING:78023 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:FIELD TRIPS TOTAL EXPENSES:548415 PROGRAM SERVICES:493574 MANAGEMENT AND GENERAL:43873 FUNDRAISING:10968 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:FOOD SERVICES TOTAL EXPENSES:1333997 PROGRAM SERVICES:1200597 MANAGEMENT AND GENERAL:106720 FUNDRAISING:26680 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:FOREIGN STUDENTS PROGRAM TOTAL EXPENSES:795939 PROGRAM SERVICES:716345 MANAGEMENT AND GENERAL:63675 FUNDRAISING:15919 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PROPERTY AND MAINTENANCE TOTAL EXPENSES:2593437 PROGRAM SERVICES:1945078 MANAGEMENT AND GENERAL:648359 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PROGRAM DEVELOPMENT TOTAL EXPENSES:61714 PROGRAM SERVICES:44434 MANAGEMENT AND GENERAL:17280 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:SMART TUITION TOTAL EXPENSES:66418 PROGRAM SERVICES:66418 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:OTHER STUDENT ACTIVITIES TOTAL EXPENSES:193526 PROGRAM SERVICES:174173 MANAGEMENT AND GENERAL:15482 FUNDRAISING:3871 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PROPERTY TAXES TOTAL EXPENSES:59019 PROGRAM SERVICES:44264 MANAGEMENT AND GENERAL:14755 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PROVISION FOR DOUBTFUL ACCOUNT TOTAL EXPENSES:231329 PROGRAM SERVICES:166557 MANAGEMENT AND GENERAL:64772 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:RECRUITING TOTAL EXPENSES:175590 PROGRAM SERVICES:126425 MANAGEMENT AND GENERAL:49165 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:TRANSPORTATION TOTAL EXPENSES:819751 PROGRAM SERVICES:737776 MANAGEMENT AND GENERAL:65580 FUNDRAISING:16395 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:MISC. EXPENSES TOTAL EXPENSES:5414 PROGRAM SERVICES:3898 MANAGEMENT AND GENERAL:1516 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PROFESSIONAL DEVELOPMENT TOTAL EXPENSES:6012 PROGRAM SERVICES:4810 MANAGEMENT AND GENERAL:1022 FUNDRAISING:180 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:AMORTIZATION TOTAL EXPENSES:571955 PROGRAM SERVICES:428966 MANAGEMENT AND GENERAL:142989