2024-05-14T16:50:21-05:00 2023-06-30 941254756 HOOD & STRONG LLP 60 SO MARKET ST STE 200 SAN JOSE CA 95113 990 2022-07-01 941629702 THE SAN FRANCISCO SCHOOL SANF 4152391410 300 GAVEN STREET SAN FRANCISCO CA 94134 FARNAZ DEVITT DIRECTOR OF FINANCE 4152391410 2024-05-14 1 FARNAZ DEVITT 999009999 0 MAGA E KISRIEV P01008919 4089988400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEVE MORRIS 300 GAVEN STREET SAN FRANCISCO CA 94134 13153603 0 X WWW.SFSCHOOL.ORG X 1966 CA PRIVATE SCHOOL THAT PROMISES TO PRACTICE RESPECT, EMBRACES DIVERSITY, AND INSPIRE PASSION TO LEARN. 22 16 113 100 0 0 1209874 1064766 10645271 11127056 89641 471233 2539 -2690 11947325 12660365 1294812 1197346 0 0 8333293 8861659 300 5475 422445 2920813 3225937 12549218 13290417 -601893 -630052 28217432 27011301 8250451 7971441 19966981 19039860 A PRIVATE SCHOOL THAT CULTIVATES AND CELEBRATES THE INTELLECTUAL, IMAGINATIVE, AND HUMANITARIAN PROMISE OF EACH STUDENT IN A COMMUNITY THAT PRACTICES MUTUAL RESPECT, EMBRACES DIVERSITY, AND INSPIRES A PASSION FOR LEARNING. 0 0 11355584 1197346 11124366 INSTRUCTION: INDEPENDENT SCHOOL OF UP TO 285 STUDENTS. FOR 2022-2023 SCHOOL YEAR THERE WERE 278 STUDENTS: 67 MONTESSORI PRE-SCHOOL AND KINDERGARTEN, 105 ELEMENTARY AND 106 MIDDLE SCHOOL STUDENTS WITH A FACULTY RATIO OF 1:7 AND A RIGOROUS AND CHALLENGING INTELLECTUAL EXPERIENCE WITHIN A NUTURING EDUCATION ENVIRONMENT.INDEXED TUITION: THE SCHOOL DISTRIBUTED INDEXED TUITION TO APPROXIMATELY 59 STUDENTS. 11355584 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 39 0 1 113 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 16 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X TERRI HAMER CHIEF FIN & OPS OFFICER 4152395065 300 GAVEN STREET SAN FRANCISCO CA 94134 STEVE MORRIS HEAD OF SCHOOL 40.00 X X 547771 0 44892 JAMES HARDING TEACHER / BOARD TRUSTEE 40.00 X 123329 0 22224 JALEN ALLEN TEACHER / BOARD TRUSTEE 40.00 X 75377 0 11902 MICHELLE DE LEON TEACHER/BOARD TRUSTEE 40.00 X 89721 0 13769 ALISON GASS CHAIR 2.00 X X 0 0 0 DAVE WHITELAW VICE CHAIR 2.00 X X 0 0 0 BRITT ANDERSON BOARD TRUSTEE 2.00 X 0 0 0 THEA ANDERSON BOARD TRUSTEE 2.00 X 0 0 0 RACHEL BENSON BOARD TRUSTEE 2.00 X 0 0 0 ELLEN CHEN BOARD TRUSTEE 2.00 X 0 0 0 JUDY PEREZ DIAZ BOARD TRUSTEE 2.00 X 0 0 0 WILLIAM DUFF BOARD TRUSTEE 2.00 X 0 0 0 JOSUE ESTRADA BOARD TRUSTEE 2.00 X 0 0 0 ASHA GOHIL BOARD TRUSTEE 2.00 X 0 0 0 SAPNA GUPTA BOARD TRUSTEE 2.00 X 0 0 0 ASHLEE GUTIERREZ BOARD TRUSTEE 2.00 X 0 0 0 MORIAH ORTIZ BOARD TRUSTEE 2.00 X 0 0 0 JOHN PALMER BOARD TRUSTEE 2.00 X 0 0 0 SNULLER PRICE BOARD TRUSTEE 2.00 X 0 0 0 LIBBY REDER BOARD TRUSTEE 2.00 X 0 0 0 BALJEET SINGH BOARD TRUSTEE 2.00 X 0 0 0 ANGELA TAYLOR BOARD TRUSTEE 2.00 X 0 0 0 KEITH WOLFF BOARD TRUSTEE 2.00 X 0 0 0 JEANIE CHANG ACTING SECRETARY 40.00 X 86137 0 41892 TERRI HAMER CHIEF FIN & OPERATIONAL OFFICER 40.00 X 223110 0 17855 JENNIFER KEESE-POWELL DIRECTOR OF ADVANCEMENT 40.00 X 163085 0 23337 NANCY NAGRAMADA MIDDLE SCHOOL HEAD 40.00 X 185641 0 52692 KATHRYN MCELVANEY LOWER SCHOOL HEAD 40.00 X 163750 0 20553 1657921 0 249116 6 0 1 0 0 1064766 80836 1064766 TUITION 611110 10412702 10412702 PROGRAM FEES 611110 714354 714354 11127056 278604 278604 685867 493238 192629 192629 192629 OTHER REVENUE 611110 -2690 -2690 -2690 12660365 11124366 0 471233 1197346 1197346 1729939 907274 594715 227950 5250383 5016395 193061 40927 274071 232960 30148 10963 1166786 960063 194823 11900 440480 374408 48453 17619 15247 15247 24452 24452 42450 42450 5475 5475 497509 275070 221883 556 67471 27616 8016 31839 207207 142337 7773 57097 770805 762076 6501 2228 141827 84695 56741 391 113650 90439 22961 250 760990 744748 14180 2062 120719 105028 15405 286 EDUCATIONAL ACTIVITIES 173523 173523 FOOD SERVICE 131415 126020 4538 857 CLASSROOM SUPPLIES 100155 100155 ALL OTHER EXPENSES 58517 35431 11041 12045 13290417 11355584 1512388 422445 1163957 2495589 5385789 2064671 1182064 155662 52482 1952 182968 140827 20762595 8964729 11692274 11797866 8557898 10354734 28217432 27011301 1066557 777852 2816522 3973435 4367372 3220154 8250451 7971441 X 11649942 11465246 8317039 7574614 19966981 19039860 28217432 27011301 X -630052 488935 -786004 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8261771 170098 799106 974896 8256079 9434814 303435 -1030204 446274 8261771 6528793 1992299 1113695 199973 9434814 4313891 2391209 237228 413535 6528793 3574926 636348 247617 145000 4313891 0.08494 0.22853 0.68653 0 0 501159 501159 12779296 8308044 4471252 4577538 439725 4137813 2118493 157076 1961417 786109 59884 726225 11797866 X 11951954 488935 -1197346 -708411 12660365 0 12660365 12093071 0 12093071 1197346 1197346 13290417 PART V, LINE 4: SAN FRANCISCO SCHOOL INTENDS TO USE ITS ENDOWMENT FUNDS TOWARDS THEIR OPERATING BUDGET, TEACHER WORKSHOPS, NEW LIBRARY BOOKS, GUEST SPEAKERS, AND THE MUSIC PROGRAM. PART X, LINE 2: THE SCHOOL IS A TAX EXEMPT ORGANIZATION UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3) AND THE APPLICABLE CALIFORNIA TAX 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE INCLUDED WITH REVENUE RECLASSIFIED TO EXPENSES -1,197,346. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE INCLUDED WITH REVENUE RECLASSIFIED TO EXPENSES 1,197,346. 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 POLICY IS POSTED ON THE SCHOOL'S WEBSITE AND BROCHURES. 1 TUITION ASSISTANCE 59 1197346 0 PART I, LINE 2: THE SAN FRANCISCO SCHOOL SUBSCRIBES TO THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS) SERVICE. AFTER FAMILIES SUBMIT DETAILED FINANCIAL INFORMATION, SSS USES A PROPRIETARY METHODOLOGY TO RECOMMEND AN AMOUNT THAT EACH FAMILY CAN AFFORD FOR EDUCATIONAL EXPENSES. THE SCHOOL'S TUITION ASSISTANCE COMMITTEE, CONSISTING OF THE HEAD OF SCHOOL, DIRECTOR OF FINANCE AND OPERATIONS AND ADMISSIONS DIRECTOR, USES THIS FIGURE AS THE BASIS IN DETERMINING THE FINANCIAL AWARD CALCULATION. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 STEVE MORRIS HEAD OF SCHOOL 400146 0 2000 0 145625 0 24400 0 20492 0 592663 0 0 0 TERRI HAMER CHIEF FIN & OPERATIONAL OFFICER 215500 0 2000 0 5610 0 17520 0 335 0 240965 0 0 0 NANCY NAGRAMADA MIDDLE SCHOOL HEAD 183641 0 2000 0 0 0 14629 0 38063 0 238333 0 0 0 JENNIFER KEESE-POWELL DIRECTOR OF ADVANCEMENT 161085 0 2000 0 0 0 11515 0 11822 0 186422 0 0 0 KATHRYN MCELVANEY LOWER SCHOOL HEAD 161750 0 2000 0 0 0 9870 0 10683 0 184303 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE IS PROVIDED TO THE HEAD OF SCHOOL. THE ALLOWANCE IS TREATED AS TAXABLE COMPENSATION. A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 2010-12-29 4455000 SEE PART VI FOR DESCRIPTION 0 0 0 A 4500000 181000 4319000 2012 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 0 0 0 0 1 A 0 PART I, LINE A, COLUMN F: ON DECEMBER 1, 2010, THE SAN FRANCISCO SCHOOL ENTERED INTO A LOAN AGREEMENT WITH FIRST REPUBLIC BANK AND CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY FOR A TAX-EXEMPT BANK LOAN OF $4.5 MILLION TO FINANCE THE SCHOOL'S BUILDING CONSTRUCTION PROJECT. THE DIFFERENCE BETWEEN THE ISSUE PRICE AND THE TOTAL PROCEEDS OF ISSUE IS THE ORIGINAL DISCOUNT OF $45,000 WHICH HAS BEEN SET TO BE AMORTIZED OVER THE LIFE OF THE LOAN. IN FISCAL YEAR 2023 $170,471 OF PRINCIPAL WAS PAID. SINCE INCEPTION, $1,179,910 HAS BEEN PAID. 65518 TUITION REMISSION 96980 TUITION ASSISTANCE X 11 70712 FAIR MARKET VALUE X FOOD AND DRINKS 34 10124 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENT THE NUMBER OF CONTRIBUTORS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART I, LINE 6: NUMBER OF VOLULNTEERS IS ESTIMATED BY NUMBER PARENT/GUARDIANS IN OUR COMMUNITY AND THE NUMBER OF DIFFERENT VOLUNTEER ACTIVITIES WE HAVE AVAILABLE. WE RECENTLY ESTABLISHED A FAMILY ASSOCIATION, WHICH HELPS FAMILIES IDENTIFY WAYS TO BE INVOLVED. SOME VOLUNTEER ACTIVITIES INCLUDE CLEANING THE SCHOOL AT THE FALL WORK DAY, SHELVING BOOKS IN THE LIBRARY, AND HELPING TO ORGANIZE FUNDRAISING EVENTS. FORM 990, PART VI, SECTION A, LINE 6 ALL PARENTS OF CHILDREN ATTENDING THE SAN FRANCISCO SCHOOL ARE CONSIDERED MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A FAMILY MEMBERS OF THE CORPORATION ELECT THE FIFTEEN (15) CLASS A TRUSTEE SEATS FOR A THREE YEAR TERM. THE NOMINATING COMMITTEE OF THE BOARD DESIGNATES THREE (3) STAFF MEMBERS FOR THE CLASS B TRUSTEE SEATS, AND ONE ADDITIONAL CLASS B TRUSTEE SEAT IS THE HEAD OF SCHOOL. THE BOARD ELECTS THE SIX (6) CLASS C TRUSTEE SEATS FOR A THREE YEAR TERM. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS MUST VOTE TO APPROVE (1) DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION, (2) A MERGER OR DISSOLUTION OF THE CORPORATION, AND (3) ANY AMENDMENT TO THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE TAX FORM 990 IS DRAFTED BY SAN FRANCISCO SCHOOL'S CONTROLLER IN COLLABORATION WITH THE SCHOOL'S ACCOUNTING FIRM. THE COMPLETED FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL AND OPERATIONAL OFFICER, HEAD OF SCHOOL, CHAIR OF FINANCE COMMITTEE AND BOARD CHAIR. A COPY OF THE FORM 990 EXCLUDING SCHEDULE B IS PROVIDED TO CLASS A AND CLASS C TRUSTEES PRIOR TO THE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SAN FRANCISCO SCHOOL'S BOARD OF TRUSTEES ENFORCES THE CONFLICT OF INTEREST POLICY IN THE FOLLOWING MANNER: (1) BOARD MEMBERS ANNUALLY REVIEW CONFLICT OF INTEREST POLICY AND FILL OUT CONFLICT OF INTEREST QUESTIONNAIRES (2) TRAIN NEW TRUSTEES ON CONFLICT OF INTEREST POLICY (3) START EVERY BOARD MEETING WITH REVIEW OF AGENDA AND CONFLICT CHECK (4) REVIEW CONFLICT OF INTEREST POLICY AND BY-LAWS REGULARLY FOR CONFLICT ISSUES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION TO THE HEAD OF SCHOOL AND OTHER KEY MANAGEMENT EMPLOYEES WAS BENCHMARKED TO OTHER K-8 INDEPENDENT SCHOOLS OF SIMILAR SIZE IN THE SAN FRANCISCO BAY AREA. DATA WAS USED FROM THREE DIFFERENT SOURCES, 1) FEDERAL FORM 990, 2) STATISTICS FROM NAIS (NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS) AND 3) STATISTICS FROM CAL-ISBOA (CALIFORNIA INDEPENDENT SCHOOLS BUSINESS OFFICERS ASSOCIATION). THE CLASS A AND CLASS C TRUSTEES APPROVE THE CONTRACT FOR THE HEAD OF SCHOOL. ALL OTHER HIGHER LEVEL EMPLOYEE COMPENSATION IS APPROVED BY THE HEAD OF SCHOOL, WITH A REVIEW ANNUALLY BY A COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE ALL MADE AVAILABLE TO THE PUBLIC UPON REQUEST ARE IMMEDIATELY SUPPLIED FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D). FORM 990, PART XI, LINE 9: UNCOLLECTIBLE PLEDGES -786,004.