2025-03-18T13:45:43-05:00 2024-06-30 946214841 ARMANINO ADVISORY LLC 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2023-07-01 954466863 THE WILLOWS COMMUNITY SCHOOL WILL 3108150411 8509 HIGUERA STREET CULVER CITY CA 90232 LISA ROSENSTEIN HEAD OF SCHOOL 3108150411 2025-03-17 1 1 MATTHEW PETROSKI P00853132 9257902600 2025-03-17 2023 2025-03-06 01:10:19Z LISA ROSENSTEIN 8509 HIGUERA STREET CULVER CITY CA 90232 23889404 0 X WWW.THEWILLOWS.ORG X 1994 CA A PRIVATE SCHOOL THAT PROVIDES EDUCATIONAL SERVICES FROM DEVELOPMENTAL-KINDERGARTEN TO 8TH GRADE. 21 19 128 150 0 0 3866510 1948222 18943934 20667264 291383 900110 37548 98351 23139375 23613947 2301038 2723772 0 0 11057469 12037416 0 0 841715 5872906 6418542 19231413 21179730 3907962 2434217 74331298 83226568 41966386 47252225 32364912 35974343 X AT THE WILLOWS, WE BELIEVE EACH CHILD BRINGS OUR COMMUNITY AN EXTRAORDINARY GIFT: A CURIOUS MIND, READY TO EXPLORE AND EAGER TO LEARN. OUR MISSION IS TO GROW THAT GIFT BY CHALLENGING OUR STUDENTS TO UNCOVER MEANING AND SIGNIFICANCE IN THE WORLD AROUND THEM. 0 0 16891156 2723772 20667264 THE WILLOWS COMMUNITY SCHOOL, LOCATED IN CULVER CITY, IS A DEVELOPMENTAL KINDERGARTEN THROUGH 8TH GRADE NON-PROFIT, CO-EDUCATIONAL INDEPENDENT SCHOOL ENROLLING APPROXIMATELY 480 STUDENTS ANNUALLY. RECOGNIZED AS A BALANCED, PROGRESSIVE EDUCATIONAL LEADER, THE STRONG ACADEMIC PROGRAM INCORPORATES EXPERIENTIAL LEARNING, THEMATIC INSTRUCTION AND SOCIAL EMOTIONAL LEARNING INTO CUTTING-EDGE CURRICULUM AND INTEGRATES DESIGN THINKING, MAKER, TECHNOLOGY, AND THE ARTS INTO THE CLASSROOM. AT THE WILLOWS, WE BELIEVE EACH CHILD BRINGS OUR COMMUNITY AN EXTRAORDINARY GIFT: A CURIOUS MIND, READY TO EXPLORE AND EAGER TO LEARN. THE WILLOWS IS STRONGLY COMMITTED TO FINANCIAL ASSISTANCE AND SEEKS A BROAD-BASED STUDENT BODY WITH A DIVERSITY OF RACE, ETHNICITY, ECONOMICS AND LEARNING STYLES. (CONT. ON SCHEDULE O)AS PART OF THAT COMMITMENT, THE SCHOOL IS ABLE TO GRANT FINANCIAL ASSISTANCE BASED ON DEMONSTRATING FINANCIAL NEED AND AS DETERMINED BY THE ANNUAL BUDGETING SET BY THE BOARD OF DIRECTORS. 16891156 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 20 0 1 128 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X RON CHANDRA CONTROLLER 3108150411 8509 HIGUERA STREET CULVER CITY CA 90232 ERIC SILVERMAN BOARD CO-CHAIR 1.00 X X 0 0 0 WENDY FELSON BOARD CO-CHAIR 1.00 X X 0 0 0 DAN BECKERMAN TREASURER 1.00 X X 0 0 0 SHARI ROSENTHAL SECRETARY 1.00 X X 0 0 0 RACHEL ADLER TRUSTEE 1.00 X 0 0 0 ALLISON AGSTEN TRUSTEE 1.00 X 0 0 0 BRIDGETTE BLUE TRUSTEE 1.00 X 15540 0 0 LORI CHRISTOPHER TRUSTEE 1.00 X 0 0 0 SHARON DEMAYO TRUSTEE 1.00 X 0 0 0 ZACK FAIGAN TRUSTEE 1.00 X 0 0 0 DENISE GUTCHES TRUSTEE 1.00 X 0 0 0 ROYCE HALL TRUSTEE 1.00 X 0 0 0 IGOR KLEYMAN TRUSTEE 1.00 X 0 0 0 ALEX KWIT TRUSTEE 1.00 X 0 0 0 CHARITY MANLEY TRUSTEE 1.00 X 0 0 0 SERENA MINIKES TRUSTEE 1.00 X 0 0 0 MEIGHAN OFFIELD TRUSTEE 1.00 X 0 0 0 JORDAN REISENWEBER TRUSTEE 1.00 X 0 0 0 ARI SWILLER TRUSTEE 1.00 X 0 0 0 GARY YALE TRUSTEE 1.00 X 0 0 0 LISA ROSENSTEIN HEAD OF SCHOOL 40.00 X X 648611 0 53069 KATHRYN COHEN CFO 40.00 X 286937 0 40742 MELISA UNGER ASSISTANT HOS FOR ADVANCEMENT 40.00 X 237500 0 30137 TERRI BAIRD DIR. OF TEACHING & LEARNING 40.00 X 195596 0 34053 GEOFF AGNOR ASSISTANT HOS FOR ACADEMIC PROGRAM 40.00 X 190496 0 21357 VIVEK KAPOOR DIR. OF TECHNOLOGY 40.00 X 162325 0 20078 SUSAN SLEEPER DIR. OF COMMUNICATIONS 40.00 X 157040 0 32228 1894045 0 231664 27 0 1 0 UNIVERSE FACILITIES SERVICE CORP 2363 SOUTH ATLANTIC BLVD COMMERCE CA 90049 JANITORIAL SERVICES 182293 1 184853 1763369 68580 1948222 TUITION AND FEES 611710 19567149 19567149 AUXILIARY SERVICES 611710 1075578 1075578 OTHER PROGRAM REVENUE 611710 24537 24537 20667264 846242 846242 153438 54534 98904 98904 98904 122448 68580 53868 53868 53868 150694 184853 152343 -1649 -1649 SPEAKER PRODUCTS 900099 1096 1096 1096 23613947 20667264 0 998461 2723772 2723772 1084457 840313 176938 67206 8551627 6118810 1910121 522696 546423 400749 114387 31287 1136549 816682 244909 74958 718360 529520 147259 41581 37374 37374 47740 47740 69107 69107 40549 40549 40035 40035 515678 425346 77330 13002 59125 59125 1347342 1112480 201055 33807 662322 551361 94989 15972 1379385 1148292 197829 33264 190200 158336 27278 4586 EDUCATION AND PROGRAM 1046565 1046565 STUDENT ACTIVITIES 846369 846369 REPAIRS AND MAINTANENCE 124323 103496 17829 2998 LEASED EQUIPMENT 11941 9940 1713 288 487 417 70 21179730 16891156 3446859 841715 2158188 10045450 29934 283072 8962503 9379254 128289 211895 53013744 14927740 38477506 38086004 16419875 11671952 8147723 9061844 7280 4487097 74331298 83226568 2464158 2736130 17303185 18309350 22199043 21570318 0 4636427 41966386 47252225 X 31368002 34433524 996910 1540819 32364912 35974343 74331298 83226568 2434217 1175214 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 693021 1200 100111 794332 610496 1000 81525 693021 701780 500 -91784 610496 549666 1500 150614 701780 524998 1000 23668 549666 0.00000 0.36600 0.63400 0 0 18068782 18068782 23333523 8401826 14931697 1646047 1088236 557811 4248690 3422875 825815 5716702 2014803 3701899 38086004 CORPORATE BONDS 3774607 F US GOVERNMENT BONDS 5236463 F INTERNATIONAL BONDS 50774 F 9061844 DEPOSITS 7280 RIGHT OF USE ASSET 4479817 4487097 RIGHT OF USE LIABILITIES 4636427 4636427 X 22076735 1175214 80453 1255667 20821068 69107 2723772 2792879 23613947 18467304 80453 80453 18386851 69107 2723772 2792879 21179730 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. EACH YEAR, IN CONJUNCTION WITH ITS PREPARATION OF THE BUDGET, THE SCHOOL'S FINANCE COMMITTEE CONSIDERS WHETHER TO RECOMMEND SPENDING A PORTION OF THE ENDOWMENT. CURRENTLY, THE SCHOOL DOES NOT RELY UPON INCOME GENERATED BY THE ENDOWMENT FOR ITS OPERATIONS, AND THE BOARD INTENDS TO BUILD UP ENDOWMENT PRINCIPAL IN ORDER TO SUPPORT FUTURE NEEDS. THEREFORE, THE CURRENT TARGET SPENDING RATE IS SET AT ZERO. PART X, LINE 2: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME AND CALIFORNIA FRANCHISE TAXES UNDER THE PROVISIONS OF SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2024, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 54,534. FUNDRAISING EXPENSE 25,919. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 2,723,772. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 54,534. FUNDRAISING EXPENSE 25,919. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE 2,723,772. 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 ORGANIZATION PUBLICIZED ITS POLICY OF RACIAL NON-DISCRIMINATION TO MAKE IT KNOWN TO ALL PARTS OF THE GENERAL COMMUNITY IT SERVES BY INCLUDING SUCH A STATEMENT IN ADVERTISEMENTS PUBLISHED IN SEVERAL LOCAL NEWSPAPERS AND MAGAZINES OF GENERAL CIRCULATION IN THE COMMUNITY DURING ITS REGISTRATION AND SOLICITATION PERIOD. THE ORGANIZATION ALSO INCLUDED A STATEMENT OF ITS RACIALLY NON-DISCRIMINATORY ADMISSIONS POLICY IN ALL ENROLLMENT APPLICATIONS. GALA/AUCTION 245352 180403 64949 59196 7403 20119 PACIFIC PIER 72903 4450 68453 38165 9676 1 17292 17292 2018 13311 2455 335547 184853 150694 99379 13311 7403 32250 152343 -1649 1 0 0 FINANCIAL AID 318 0 2723772 FMV DIRECT CREDIT TO STUDENT ACCOUNT PART I, LINE 2: ALL FAMILIES APPLYING ARE REQUIRED TO FILL OUT THE SAME FORMS: CLARITY PARENT FINANCIAL STATEMENT, WILLOWS SUPPLEMENTAL FORM AND BUSINESS/FARM STATEMENT (IF APPLICABLE) AND TURN IN THE PRIOR YEAR'S TAX RETURN AND W2. FILES ARE REVIEWED BY THE CONTROLLER, CFO AND DIRECTOR OF ADMISSIONS. FINANCIAL AID IS AUTOMATICALLY APPLIED TO THE FAMILIES' ACCOUNTS SO NO MONEY IS SENT TO THE FAMILIES. FILES ARE MAINTAINED FROM YEAR TO YEAR AND ARE ARCHIVED WHEN THE STUDENT LEAVES. X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 LISA ROSENSTEIN HEAD OF SCHOOL 630611 0 0 0 18000 0 22225 0 30844 0 701680 0 0 0 KATHRYN COHEN CFO 286937 0 0 0 0 0 20086 0 20656 0 327679 0 0 0 MELISA UNGER ASSISTANT HOS FOR ADVANCEMENT 237500 0 0 0 0 0 16625 0 13512 0 267637 0 0 0 TERRI BAIRD DIR. OF TEACHING & LEARNING 195596 0 0 0 0 0 13631 0 20422 0 229649 0 0 0 GEOFF AGNOR ASSISTANT HOS FOR ACADEMIC PROGRAM 190496 0 0 0 0 0 13274 0 8083 0 211853 0 0 0 SUSAN SLEEPER DIR. OF COMMUNICATIONS 157040 0 0 0 0 0 10790 0 21438 0 189268 0 0 0 VIVEK KAPOOR DIR. OF TECHNOLOGY 162325 0 0 0 0 0 11335 0 8743 0 182403 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL(HOS) RECEIVED A CAR ALLOWANCE OF $6,945, WHICH WAS INCLUDED ON SCHEDULE J, PART II, COLUMN (D). A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2017-08-31 25435000 REFINANCE PRIOR BOND ISSUE 0 0 0 A 3707922 25435000 25435000 2017 1 0 1 1 A 0 1 0 0 0.03160 0.03160 1 0 1 A 0 0 1 0 0 0 0 0 1 A 0 X 9 68580 PUBLICLY TRADED EXCHANGE 0 0 1 0 PART I, COLUMN (B): THE NUMBER REPRESENTS THE NUMBER OF CONTRIBUTORS NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS, APPROVES THE PUBLIC DISCLOSUE VERSION OF THE FORM 990 RETURN AND RECOMMENDS TO THE FINANCE COMMITTEE. FINANCE COMMITTEE THEN REVIEWS, APPROVES AND RECOMMENDS TO THE BOARD. THE BOARD FORMALLY APPROVES AFTER REVIEW AND RECOMMENDATIONS FROM THE TWO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 12C RESPONSIBILITY TO REPORT: EACH PERSON MUST REPORT ANY CONFLICT OF INTEREST IN WHICH SUCH PERSON IS OR MAY BE INVOLVED TO THE SENIOR OR JUNIOR BOARD CO-CHAIR, IF A TRUSTEE, OR THE HEAD, IN CASE OF EMPLOYEES, WHO WILL DETERMINE HOW THE CONFLICT WILL BE RESOLVED BASED ON THE CIRCUMSTANCES INVOLVED. ANY TRUSTEE, OFFICER, EMPLOYEE OR OTHER REPRESENTATIVE WHO DISCOVERS ANY BREACH OF THIS POLICY MUST IMMEDIATELY ADVISE THE SENIOR OR JUNIOR BOARD CO-CHAIR (FOR TRUSTEES) AND THE HEAD OF SCHOOL (FOR EMPLOYEES) OF ALL PERTINENT DETAILS. FORM 990, PART VI, SECTION B, LINE 15 IN 2019, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES WAS DELEGATED THE AUTHORITY TO REVIEW THE HEAD OF SCHOOL'S COMPENSATION FOR THE RENEWAL OF HER CONTRACT EFFECTIVE, JULY 1, 2019. THE EXECUTIVE COMMITTEE HIRED AN INDEPENDENT THIRD PARTY ATTORNEY WHO REVIEWED COMPARABLE COMPENSATION DATA FROM SEVERAL SOURCES INCLUDING INDEPENDENT AND PRIVATE SCHOOL HEAD OF SCHOOL COMPENSATION DATA. THE EXECUTIVE COMMITTEE REVIEWED THE DATA AND THE TERMS OF THE HEAD'S CONTRACT, DELIBERATED, AND DETERMINED THAT THE PROPOSED COMPENSATION AGREEMENT AMOUNTS AND TERMS WERE COMPARABLE AND WITHIN THE RANGE OF OTHER SIMILARLY SITUATED EXECUTIVES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.