2024-05-14T13:48:05-05:00 2023-06-30 941254756 HOOD & STRONG LLP 60 SO MARKET ST STE 200 SAN JOSE CA 95113 990 2022-07-01 941375791 MARIN COUNTRY DAY SCHOOL MARI 4159275900 5221 PARADISE DRIVE CORTE MADERA CA 94925 KATHY JONES TREASURER 4159275900 2024-05-12 1 KATHY JONES 999009999 0 MAGA E KISRIEV P01008919 4089988400 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KATHERINE DINH 5221 PARADISE DRIVE CORTE MADERA CA 94925 36662445 0 X WWW.MCDS.ORG X 1956 CA MCDS OFFERS A CURRICULUM WHICH INCLUDES A THOROUGH GROUNDING IN TRADITIONAL ACADEMIC DISCIPLINES. 23 23 274 250 0 0 2611626 2634020 25991952 27454550 1347777 1545250 921651 166096 30873006 31799916 4454803 4495648 0 0 20499021 21633092 7000 7000 703797 7411637 7731285 32372461 33867025 -1499455 -2067109 103047319 102782902 37790606 37478170 65256713 65304732 X OUR MISSION AT MCDS IS TO CREATE AN INCLUSIVE COMMUNITY OF LEARNING THAT INSPIRES CURIOSITY, EMPATHY AND ACTION. 0 0 23727142 3862975 24899480 SCHOOL TUITION - 598 STUDENTS K-8; SCHOOL YEAR BEGINNING 8/31/2022 AND ENDING 6/7/2023. THE ENROLLMENT NUMBERS WERE CONSISTENT WITH BUDGETING, CLASSROOM SIZE, NUMBER OF FACULTY AND STAFF, AND THE CAMPUS. 2023965 239643 558520 STUDENT SUPPORT SERVICES (TUTORING) IS AN INTEGRAL PART OF THE SCHOOL OPERATIONS TO SUPPORT STUDENT DEVELOPMENT AND SUCCESS. 100+ STUDENTS RECEIVE MONTHLY TUTORING SESSIONS AFTER SCHOOL AND AN ADDITIONAL 40+ UPPER SCHOOL STUDENTS PARTICIPATE IN THE TRANSITION TUTORING PROGRAM DURING SCHOOL HOURS. 1322306 257600 1112820 SCHOOL BUS SERVICE WAS PROVIDED TO 403 STUDENTS THROUGHOUT THE SCHOOL YEAR. THIS INCLUDED 379 ROUND TRIPS AND 25 ONE WAY TRIPS FOR THE SCHOOL YEAR BEGINNING ON 8/31/2022 AND ENDING ON 6/7/2023. THESE NUMBERS ARE CONSISTENT WITH BUDGETING AND THE SCHOOL'S COMMITMENT TO THE ENVIRONMENT BY MINIMIZING THE NUMBER OF CARS COMMUTING BACK AND FORTH FROM SCHOOL. 987173 135430 893652 AFTER SCHOOL CHILD CARE AND ENRICHMENT PROGRAMS ARE OFFERED THROUGHOUT THE SCHOOL YEAR AND SUMMER. THESE PROGRAMS ARE AN INTEGRAL PART OF THE STUDENTS' EDUCATION IN ARTS, MUSIC, SPORTS, AND COOPERATION AND FURTHER THE COMMUNITY SPIRIT THAT THE SCHOOL IS COMMITTED TO. APPROXIMATELY 125 STUDENTS PARTICIPATE IN AFTER SCHOOL CHILD CARE AND ENRICHMENT PROGRAMS DAILY. OTHER INCOME PER AUDITED FINANCIAL STATEMENTS IS ALSO INCLUDED. 987173 135430 893652 28060586 1 1 0 0 0 0 0 0 0 1 1 0 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 1 0 0 0 1 0 0 0 1 0 0 0 0 1 85 0 1 274 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X JOHN ANKI 4159275924 5221 PARADISE DR CORTE MADERA CA 949252107 CHRISTINA AMINI TRUSTEE 2.00 X 0 0 0 KIM BOSWELL TRUSTEE 2.00 X 0 0 0 CHRIS BUCHBINDER TRUSTEE 2.00 X 0 0 0 ALISON GARRETT TRUSTEE 2.00 X 0 0 0 RENU GREGG TRUSTEE 2.00 X 0 0 0 CAMILLE HAMPTON TRUSTEE 2.00 X 0 0 0 SARAH SMITH JONES VICE CHAIR 4.00 X 0 0 0 SASHA KOVRIGA TRUSTEE 2.00 X 0 0 0 MATT L'HEUREUX TRUSTEE 2.00 X 0 0 0 JEREMY LIEGL TRUSTEE 2.00 X 0 0 0 STEVE MARSHALL TRUSTEE 2.00 X 0 0 0 RAVI PAIDIPATY TRUSTEE 2.00 X 0 0 0 KAREN PAJARILLO TRUSTEE 2.00 X 0 0 0 CHARLOTTE HAAS PRIME TRUSTEE 2.00 X 0 0 0 LISA SAWYER TRUSTEE 2.00 X 0 0 0 KATHY SCIALLY TRUSTEE 2.00 X 0 0 0 DONAL SHARE TRUSTEE 2.00 X 0 0 0 HELEN SPALDING TRUSTEE 2.00 X 0 0 0 JEFF SPAULDING CHAIR 8.00 X 0 0 0 DINA TO TRUSTEE 2.00 X 0 0 0 PHIL WALDEN TRUSTEE 2.00 X 0 0 0 BRAD WEAVER TRUSTEE 2.00 X 0 0 0 BEN ZACK TRUSTEE 2.00 X 0 0 0 KATHERINE DINH HEAD OF SCHOOL 60.00 X 423690 0 136071 KATHY JONES TREASURER 60.00 X 247346 0 46016 SUSAN WALKER SECRETARY 60.00 X 138386 0 51545 BARBARA KRAEMER-COOK DIVISION HEAD 60.00 X 235360 0 44603 STEPHANIE DEITZ DIVISION HEAD 60.00 X 209432 0 54624 JANET MCCANN ATHLETICS DIRECTOR 40.00 X 186390 0 23181 MATTHEW PEARSON DIR OF MAKERS' LAB & ADVISOR 40.00 X 163192 0 9038 KELLI RICE SPANISH TEACHER 40.00 X 161906 0 19344 1765702 0 384422 68 0 1 0 0 84850 2549170 241253 2634020 TUITION & FEES 611600 24899480 24899480 TRANSPORTATION 611710 1112820 1112820 OTHER RELATED REVENUE 611710 787485 787485 STUDENT SUPPORT SERVICES 611710 558520 558520 BOOK FAIR 611710 96245 96245 27454550 1079081 1079081 5119729 4653560 466169 466169 466169 365143 84850 208969 156174 156174 OTHER INCOME 900099 9922 9922 9922 31799916 27464472 0 1701424 4495648 4495648 1018380 1018380 16514105 14121021 1855921 537163 719042 603840 88344 26858 2120626 1617134 464011 39481 1260939 1039084 180762 41093 29901 29901 71024 71024 7000 7000 1000 947 53 868833 752968 115865 86427 1756 84471 200 237314 232506 4808 336996 281926 27508 27562 626639 506628 100574 19437 81349 48869 32480 96777 66421 30202 154 577053 546195 30858 2478245 2345719 132526 317164 42000 275164 CURRICULUM CLASSROOM SU 1170627 1170545 41 41 FOOD SERVICE 452463 418651 33812 OTHER PROGRAM & ADMIN 281953 1234 280719 MCDS VENTURES LLC 17520 17520 33867025 28060586 5102642 703797 4026453 2111776 7969562 12074562 1129273 633197 3832797 1306887 519902 791589 73668856 24742428 50393716 48926428 35038371 36848738 137245 89725 103047319 102782902 2935164 2846468 13681359 14018207 21174083 20613495 37790606 37478170 X 29885636 28700138 35371077 36604594 65256713 65304732 103047319 102782902 -2067109 2115128 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25907420 108762 3195408 1385736 27825854 31328941 173946 -4316792 1278675 25907420 24959993 97022 7454570 1182644 31328941 24325616 232738 1411359 1009720 24959993 23485105 233712 1621308 1014509 24325616 0.09642 0.50685 0.39673 0 0 225756 225756 66258908 19690085 46568823 6553341 5052343 1500998 630851 630851 48926428 X 29316318 2115128 -4598726 -2483598 31799916 0 31799916 29268299 0 29268299 4598726 4598726 33867025 PART V, LINE 4: THE ORGANIZATION'S OBJECTIVE IS TO MAINTAIN PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY OR FOR A SPECIFIED TERM AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. PART X, LINE 2: THE SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE SIMILAR SECTION OF THE CALIFORNIA REVENUE AND TAXATION CODE. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION ASSISTANCE NETTED AGAINST REVENUE -4,495,648. FUNDRAISING EVENT EXPENSES RECLASSIFIED TO EXPENSES -85,558. MCDS VENTURE LLC EXPENSES RECLASSIFIED TO EXPENSES -17,520. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE NETTED AGAINST REVENUE 4,495,648. FUNDRAISING EVENT EXPENSES RECLASSIFIED TO EXPENSES 85,558. MCDS VENTURES LLC EXPENSES RECLASSIFIED TO EXPENSES 17,520. 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 NON-DISCRIMINATORY NOTICE IS PUBLISHED ON THE SCHOOL'S WEBSITE. COMMUNITY DINNER DANCE 378915 84850 294065 57645 129841 3000 17983 WALKATHON 71078 71078 500 449993 84850 365143 57645 129841 3000 18483 208969 156174 1 TUITION ASSISTANCE 129 4495648 PART I, LINE 2: THE ONLY GRANTS GIVEN BY THE SCHOOL ARE IN THE FORM OF TUITION ASSISTANCE. SELECTION PROCESS FOR TUITION ASSISTANCE AWARDS FAMILIES WHO HAVE QUESTIONS ABOUT THEIR ABILITY TO AFFORD TUITION AT THE TOP OF THE INDEX ARE ENCOURAGED TO SUBMIT FINANCIAL INFORMATION TO SCHOOL AND STUDENT SERVICES (SSS) BY NAIS (THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS). SSS ESTIMATES A FAMILY'S ABILITY TO PAY SCHOOL COSTS BASED ON THE ANALYSIS OF THEIR INCOME, EXPENSES, AND ASSETS AND SENDS A CONFIDENTIAL REPORT OF FINANCIAL CONTRIBUTION (RFC) TO THE SCHOOL OR SCHOOLS INDICATED BY THE FAMILY. MCDS MAKES AN ADDITIONAL ADJUSTMENT TO ACCOUNT FOR THE COST OF LIVING IN THE SAN FRANCISCO BAY AREA, ASSESSES THE RFC IN THE CONTEXT OF THE SCHOOL BUDGET, AND MAKES A TUITION DETERMINATION THAT TAKES INTO ACCOUNT THE FINANCIAL CALCULATION AND OTHER CIRCUMSTANCES REPORTED BY THE FAMILY THAT WOULD IMPACT AFFORDABILITY. FAMILIES RESUBMIT FINANCIAL INFORMATION EACH YEAR AND TUITION DETERMINATIONS ARE REVIEWED ANNUALLY. ALLOCATION OF THE BUDGET IN SUPPORT OF INDEXED TUITION IS FIRST TO CURRENTLY ENROLLED FAMILIES, THEN TO SIBLINGS AND FACULTY/STAFF APPLICANTS, THEN TO OTHER APPLICANT FAMILIES. THE % OF INDEXED TUITION ESTABLISHED IN THE INDIVIDUAL FINANCIAL REVIEW IS APPLIED TO ALL PROGRAM FEES BY THE SCHOOL BUSINESS OFFICE WHICH IS MONITORED CONTINUOUSLY THROUGHOUT FINANCIAL REVIEWS. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 KATHERINE DINH HEAD OF SCHOOL 423690 0 0 0 0 0 15250 0 120821 0 559761 0 0 0 KATHY JONES TREASURER 247346 0 0 0 0 0 12430 0 33586 0 293362 0 0 0 BARBARA KRAEMER-COOK DIVISION HEAD 235360 0 0 0 0 0 11768 0 32835 0 279963 0 0 0 STEPHANIE DEITZ DIVISION HEAD 209432 0 0 0 0 0 10472 0 44152 0 264056 0 0 0 JANET MCCANN ATHLETICS DIRECTOR 186390 0 0 0 0 0 10139 0 13042 0 209571 0 0 0 SUSAN WALKER SECRETARY 138386 0 0 0 0 0 7059 0 44486 0 189931 0 0 0 KELLI RICE SPANISH TEACHER 161906 0 0 0 0 0 8155 0 11189 0 181250 0 0 0 MATTHEW PEARSON DIR OF MAKERS' LAB & ADVISOR 163192 0 0 0 0 0 7781 0 1257 0 172230 0 0 0 PART I, LINE 1A A QUALIFIED HOUSING ALLOWANCE WAS PROVIDED TO KATHERINE DINH, HEAD OF SCHOOL, IN THE AMOUNT OF $86,400. THIS BENEFIT IS EXCLUDED FROM TAXABLE COMPENSATION UNDER THE IRC SECTION 119. A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 2013-12-19 25123750 REFINANCE FOR CONSTRUCTION 0 0 0 A 25000000 25123750 170216 24953534 2010 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 A 0 PART IV, LINE 2C, COLUMN A: REBATE COMPUTATION WAS PERFORMED AS OF 06/30/12 83280 TUITION ASSISTANCE INDEXED TUITION X 15 241253 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOL'S ACCOUNTING FIRM FORWARDED THE FORM 990 TO THE CFO/TREASURER AND THE CONTROLLER FOR THEIR FINAL REVIEW. THE CFO/TREASURER FORWARDED THE FORM 990 TO THE HEAD OF SCHOOL, FINANCE COMMITTEE CHAIR, AND BOARD CHAIR AND REVIEWED WITH THEM PRIOR TO FILING THE FORM 990. THE HEAD OF SCHOOL, FINANCE COMMITTEE CHAIR, AND BOARD CHAIR WERE ENCOURAGED TO REVIEW THE FORM 990 AND TO ASK THE CFO/TREASURER, SHOULD THEY HAVE ANY QUESTIONS. THE FORM 990 WAS PROVIDED TO ALL BOARD MEMBERS AT A BOARD MEETING PRIOR TO THE FORM 990 FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE OR OFFICER HAS A DUTY TO PLACE THE INTERESTS OF MCDS FOREMOST IN ANY DEALINGS INVOLVING MCDS AND HAS A CONTINUED RESPONSIBILITY TO COMPLY WITH THE REQUIREMENTS OF THE TRUSTEE COVENANT. THE COVENANT IS REVIEWED ANNUALLY BY THE BOARD OF TRUSTEES. ON AN ANNUAL BASIS, EACH TRUSTEE AND OFFICER IS REQUIRED TO COMPLETE AND SIGN THE TRUSTEE COVENANT THAT INCLUDES: "BY PLACING MY SIGNATURE BELOW, I CERTIFY THAT I HAVE READ MCDS'S TRUSTEE COVENANT AND AGREE TO ABIDE BY ITS TERMS." FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS COMPETITIVE COMPENSATION INFORMATION BOTH FROM OTHER SCHOOL'S 990'S AND FROM CALISBOA AND NAIS DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. MCDS VENTURES LLC 5221 PARADISE DRIVE CORTE MADERA CA 94925 832661464 RECEIVE, HOLD, MANAGE AND DISPOSE OF CHARITABLE CONTRIBUTION PROPERTIES. DE 0 89725 MARIN COUNTRY DAY SCHOOL