2024-05-10T09:46:38-05:00 2023-07-31 410746749 CLIFTONLARSONALLEN LLP 6501 AMERICAS PARKWAY NE SUITE 500 ALBUQUERQUE NM 87110 990 2022-08-01 850196115 SANDIA SCHOOL SAND 5053383000 532 OSUNA NE ALBUQUERQUE NM 87113 CLAUDIA VALLES CFO 5053383000 2024-05-08 1 CLAUDIA VALLES 999009999 0 STEPHEN LIVINGSTON P00317845 5058428290 2024-05-08 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z SANDIA PREPARATORY SCHOOL HEATHER MOCK 532 OSUNA NE ALBUQUERQUE NM 87113 15300420 0 X WWW.SANDIAPREP.ORG X 1965 NM ACADEMICS ARE OUR TOP PRIORITY, BALANCE IS OUR CORE VALUE, AND COMMUNITY MAKES US WHO WE ARE. OUR CHALLENGING, INNOVATIVE PROGRAM PREPARES EACH STUDENT FOR SUCCESS IN COLLEGE - AND BEYOND - AND INSPIRES EACH STUDENT TO FIND AND ACHIEVE HIS OR HER PURPOSE IN THE WORLD. 21 21 266 75 0 0 1403500 689464 12662357 13679350 436493 295622 401832 574556 14904182 15238992 2946086 2830687 0 0 7075750 7611615 0 0 292132 4382030 4649476 14403866 15091778 500316 147214 27571490 27017345 10075335 8808398 17496155 18208947 X SEE SCHEDULE O 0 0 8652264 13410832 INSTRUCTION - SANDIA PREP IS AN INDEPENDENT PRIVATE SCHOOL THAT SERVES APPROXIMATELY 515 DAY STUDENTS IN GRADES 6-12. SANDIA PREP PROVIDES REMARKABLE OPPORTUNITIES FOR INTELLECTUAL AND PERSONAL GROWTH WITHIN A CHALLENGING AND BALANCED PROGRAM. OUR INNOVATIVE COLLEGE PREP CURRICULUM PREPARES STUDENTS FOR SUCCESS IN COLLEGE AND BEYOND, AND INSPIRES EACH TO FIND AND ACHIEVE HIS OR HER PURPOSE IN THE WORLD. 2830687 2830687 FINANCIAL ASSISTANCE - SANDIA PREP PROVIDES TUITION REMISSION AND FINANCIAL ASSISTANCE TO STUDENTS WHO WOULD NOT OTHERWISE BE ABLE TO ATTEND. THE FINANCIAL ASSISTANCE EXPENSES HELP FAMILIES PAY FOR THEIR STUDENTS TO ATTEND SANDIA PREP AND COMPRISE 40% OF THE STUDENT BODY. 523554 832234 SUMMER PROGRAMS - SANDIA PREP OFFERS A SUMMER PROGRAM THAT PROVIDES A SAFE AND EDUCATIONALLY CHALLENGING ENVIRONMENT FOR YOUNGER STUDENTS AND OUR CURRENT STUDENTS. THE SUMMER PROGRAM RECENTLY SERVED 500 STUDENTS FROM AGES 5 TO 16. 12006505 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 1 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 30 1 1 266 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD NH X X CLAUDIA VALLES 5053383000 532 OSUNA RD NE ALBUQUERQUE NM 87113 LAURA CALKINS PAST CHAIR 5.00 X X 0 0 0 STAN HUBBARD CHAIR 5.00 X X 0 0 0 TODD SANDOVAL VICE-CHAIR 5.00 X X 0 0 0 FAITH BEGAY-HOLTROP SECRETARY 5.00 X X 0 0 0 JOSEPH KINNEY TREASURER 5.00 X X 0 0 0 ED STREET TRUSTEE 5.00 X 0 0 0 ALEXANDRA VAVRUSKA TRUSTEE 5.00 X 0 0 0 ALI HASHEMIAN TRUSTEE 5.00 X 0 0 0 AVERY VOLKMAN TRUSTEE 5.00 X 0 0 0 BRONSON DURAN TRUSTEE 5.00 X 0 0 0 CHARLES BECKNELL TRUSTEE 5.00 X 0 0 0 DALE MAXWELL TRUSTEE 5.00 X 0 0 0 DAVID CHAVEZ TRUSTEE 5.00 X 0 0 0 DOMINIC SERNA TRUSTEE 5.00 X 0 0 0 DOUG CLARK TRUSTEE 5.00 X 0 0 0 ED MANZANARES TRUSTEE 5.00 X 0 0 0 KELLY ROSS TRUSTEE 5.00 X 0 0 0 KRISTOFOR KITE TRUSTEE 5.00 X 0 0 0 LESLIE THOMPSON TRUSTEE 5.00 X 0 0 0 LISA MITCHELL TRUSTEE 5.00 X 0 0 0 LORNA WIGGINS TRUSTEE 5.00 X 0 0 0 PATRICK WESTERFIELD TRUSTEE 5.00 X 0 0 0 ROBERT DEL CAMPO TRUSTEE 5.00 X 0 0 0 STEPHANIE MOORE-COMBS TRUSTEE 5.00 X 0 0 0 SUSAN PRZEKURAT EPSTEIN TRUSTEE 5.00 X 0 0 0 TODD SANDOVAL TRUSTEE 5.00 X 0 0 0 TROY WEISLER TRUSTEE 5.00 X 0 0 0 VAHID STAPLES TRUSTEE 5.00 X 0 0 0 RACHAEL MILETKOV TRUSTEE 5.00 X 0 0 0 KENNETH R TEKIN TRUSTEE 5.00 X 0 0 0 AL PARK TRUSTEE 5.00 X 0 0 0 HEATHER MOCK HEAD OF SCHOOL 40.00 X 120386 0 29167 DACIA CARD CPA BUSINESS MANAGER 40.00 X 109833 0 25592 CLAUDIA VALLES CFO 40.00 X 0 0 0 BILL SINFIELD HEAD OF SCHOOL THRU 6/2022 40.00 X 132396 0 18535 JULIE COOK DIRECTOR OF DEVELOPMENT 40.00 X 117937 0 19676 LAURA FITZPATRICK ASSISTANT HEAD OF SCHOOL 40.00 X 102263 0 5113 582815 0 98083 5 0 1 0 0 99971 589493 200991 689464 STUDENT TUITION & FEES 611710 12847116 12847116 SUMMER PROGRAM 611710 832234 832234 13679350 205331 205331 32668 26131 6537 6537 6537 90291 0 90291 90291 90291 0 99971 28072 -28072 -28072 39600 7225 32375 32375 OTHER INCOME 611710 563716 563716 563716 15238992 14243066 0 306462 X 2830687 2830687 433638 90748 252143 90747 5923505 4313459 1540091 69955 237056 170293 64857 1906 528774 366506 151454 10814 488642 331767 145230 11645 16641 16641 75078 75078 43482 43482 138209 124388 13821 249849 169637 74258 5954 355868 342608 12326 934 223339 215017 7736 586 1033491 997319 31005 5167 166763 160549 5776 438 SUMMER PROGRAMS 523554 523554 INSTRUCTIONAL EXPENSE 463086 463086 STUDENT ACTIVITIES 419900 419900 CAFETERIA EXPENSES 357503 344182 12383 938 582713 267193 236293 79227 15091778 12006505 2793141 292132 2951 2946 4531888 3911322 396548 223785 101319 105596 146397 132067 145978 197691 31980134 18476756 13913632 13503378 8329404 8865081 3373 75479 27571490 27017345 351850 420262 4204696 3607017 5031806 4505340 486983 275779 10075335 8808398 X 9551907 9997410 7944248 8211537 17496155 18208947 27571490 27017345 X 147214 312299 253279 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 34.00 1 1 8429061 239435 546251 457479 8757268 9564910 373652 -1080056 429445 8429061 7905018 100759 1960520 401387 9564910 7253705 527874 480567 357128 7905018 7063318 245708 281745 337066 7253705 0.18966 0.66435 0.14599 0 0 1643329 1643329 23777295 13969486 9807809 3502902 2628465 874437 3056608 1878805 1177803 13503378 STUDENT DEPOSITS 73437 INTEREST RATE SWAP CONTRACTS 126160 STUDENT TRIPS 4076 LEASE LIABILITIES, NET 72106 275779 15194141 312299 28534 -403630 -62797 15256938 43482 -61428 -17946 15238992 14481349 28534 61428 89962 14391387 43482 656909 700391 15091778 PART II, LINE 5: THE SCHOOL COMPLETED A POLICY AFTER 7/31/11 FOR MONITORING, INSPECTION, AND ENFORCEMENT OF THE CONSERVATION EASEMENTS IT HOLDS. PART II, LINE 9: THERE IS NO REVENUE ASSOCIATED WITH THE EASEMENT. THE EXPENSES ARE RECOGNIZED AS THEY ARE INCURRED. THE ESTIMATED VALUE OF THE LAND SUBJECT TO A CONSERVATION EASEMENT IS CARRIED AS AN ASSET (NON-DEPRECIABLE LAND) ON THE BALANCE SHEET OF THE SCHOOL. THE ORGANIZATION RECEIVED THE EASEMENT PROPERTY IN TWO INSTALLMENTS IN DECEMBER 2007 AND JUNE 2008. PART V, LINE 4: THE SCHOOL'S ENDOWMENT PRIMARILY COMES FROM DONOR GIFTS, SO IT IS THE SCHOOL'S POLICY TO USE THE FUNDS IN ACCORDANCE WITH THE DONOR INTENT. FUNDS ARE INVESTED TO YIELD BOTH CASH INCOME AND APPRECIATE IN VALUE. ANNUAL DISTRIBUTIONS, 5% OF THE THREE YEAR AVERAGE BALANCE, SUPPORT THE VARIOUS PROGRAMS OF THE SCHOOL AS SPECIFIED BY THE DONOR, OR GENERAL SCHOOL OPERATIONS, IF THE GIFT WAS UNRESTRICTED. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN (LOSS) ON INTEREST RATE SWAP AGREEMENT 253,279. TUITION REMISSION & DISCOUNTS DEDUCTED FROM TUITION REVENUE -644,179. GRACE FUND & ALUMNI LEGACY FUND DEDUCTED FROM TUITION REVENUE -12,730. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES DEDUCTED FROM RENTAL INCOME ON 990 -26,131. SPECIAL EVENT EXPENSES DEDUCTED FROM REVENUES ON 990 -35,297. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES DEDUCTED FROM RENTAL INCOME ON 990 26,131. SPECIAL EVENT EXPENSES DEDUCTED FROM REVENUES ON 990 35,297. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION & DISCOUNTS DEDUCTED FROM TUITION REVENUE 644,179. GRACE FUND & ALUMNI LEGACY FUND DEDUCTED FROM TUITION REVENUE 12,730. PART II, LINE 2A: THE ORGANIZATION HELD 1 PROPERTY WITH CONSERVATION EASEMENTS ATTACHED THAT THEY HAD OBTAINED ON THE PROPERTIES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SANDIA PREPARATORY SCHOOL COMMUNICATES ITS NONDISCRIMINATORY POLICY ON ITS WEBSITE, IN THE ADMISSION BROCHURE, IN THE STUDENT HANDBOOK, THROUGH PAID ADVERTISING IN LOCAL NEWSPAPERS AND ALL NEWS RELEASES AND MEDIA ALERTS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES A REIMBURSABLE GRANT FOR THE SCHOOL NURSE FROM DOH (29,346). THE SCHOOL RECEIVES A REIMBURSABLE GRANT FOR INFORMATION TECHNOLOGY FROM ECF ($44,549). GIVING TUESDAY 48588 48588 13644 SPRING GIVING 51383 51383 14428 99971 99971 28072 28072 -28072 39600 7225 0 39600 7225 7225 32375 NM 1 0 1 0 1.00000 DACIA CARD CPA 532 OSUNA NE ALBUQUERQUE NM 87113 0 JULIE COOK DIRECTOR OF DEVELOPMENT ORGANIZES AND MANAGES ANY FUND RAISING RAFFLES OF TUITION. THERE WAS NO RAFFLE HELD IN THE CURRENT FISCAL YEAR. SHE IS NOT PAID ADDITIONAL COMPENSATION FOR THESE SERVICES X 0 1 0 0 TUITION REMISSION & DISCOUNTS 8 644179 REDUCTION OF TUITION DUE FINANCIAL AID 163 2173778 REDUCTION OF TUITION GRACE FUND 4 5730 REDUCTION OF TUITION ALUMNI LEGACY FUND 7 7000 REDUCTION OF TUITION PART I, LINE 2: APPLICANTS FOR FINANCIAL AID MUST SUBMIT CERTAIN FINANCIAL INFORMATION TO AN OUTSIDE SERVICE (SCHOOL & STUDENT SERVICE IN PRINCETON, NJ) WHICH ESTABLISHES A LEVEL OF NEED FOR AID, BASED ON THE FAMILY'S TOTAL FINANCIAL SITUATION. WITH THIS BASIC INFORMATION, THE SANDIA PREPARATORY SCHOOL FINANCIAL AID COMMITTEE, HEREIN "COMMITTEE", CONSIDERS EACH CASE ON ITS MERITS, TAKING INTO ACCOUNT ALL ADDITIONAL AVAILABLE INFORMATION. THE MAIN FACTORS CONSIDERED RELATIVE TO EACH STUDENT ARE FINANCIAL NEED, GRADE LEVEL AND SPACE AVAILABLE IN THAT GRADE, SCHOLASTIC ACHIEVEMENT OF THE STUDENT, THE STUDENT'S CONTRIBUTION TO THE LIFE OF THE SCHOOL, AND THE LENGTH OF TIME THE STUDENT HAS BEEN AT THE SCHOOL. THE COMMITTEE SETS PRELIMINARY GUIDELINES FOR THE AMOUNTS TO BE AWARDED IN EACH GRADE. THESE LIMITS MAY BE ADJUSTED AS THE COMMITTEE PROCEEDS WITH THE DETERMINATION OF FINANCIAL AID GRANTS. X X 1 0 X X X 0 0 0 0 0 0 0 1 0 BILL SINFIELD HEAD OF SCHOOL THRU 6/2022 98000 0 34396 0 0 0 6175 0 12360 0 150931 0 0 0 PART I, LINE 1B THE HEAD OF THE SCHOOL RECEIVES A VEHICLE ALLOWANCE THAT IS GROSSED UP FOR TAXES. PART I, LINE 7 BONUSES ARE PAID BASED UPON ACHIEVING CERTAIN GOALS SET BY THE BOARD. A VILLAGE OF LOS RANCHOS DE ALBUQUERQUE 850236091 2007-08-17 10000000 CONSTRUCTION OF GYM, CLASSROOMS, PERFORMING ARTS, INSTRUCTIONAL SPACES 0 0 0 A 5405908 10000000 77025 8000000 1922975 2009 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 1 1 COMPASS BANK 2000.000000000000 0 0 0 0 0 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: VILLAGE OF LOS RANCHOS DE ALBUQUERQUE DATE THE REBATE COMPUTATION WAS PERFORMED: 03/31/2014 X 1605 COMPARABLE SALES X 9525 COMPARABLE SALES X 1 174888 TRADING VALUE X 1 303 COST X FR EVENT ITEMS 2 8600 FMV X PROPERTY/EQUIPMENT 4 6070 COMPARABLE SALES 0 1 0 PART I, COLUMN (B): NUMBER OF DONORS. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE JOY OF LIVING AND LEARNING IS AT THE CENTER OF ALL WE DO. SANDIA PREPARATORY SCHOOL PROVIDES REMARKABLE OPPORTUNITIES FOR INTELLECTUAL AND PERSONAL GROWTH WITHIN A CHALLENGING AND BALANCED PROGRAM. AS AN EXTENSION OF OUR FAMILIES, SANDIA PREP'S DIVERSE COMMUNITY INSPIRES STUDENTS TO FIND THEIR ACADEMIC FOCUS, TALENTS, AND CREATIVITY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CFO, THEN BY THE FINANCE COMMITTEE. AFTER ANY REQUIRED REVISIONS ARE MADE, IT IS PRESENTED TO THE ENTIRE BOARD FOR THEIR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM EACH YEAR WHICH EXPLAINS THE OCCASIONS THAT MIGHT GIVE RISE TO CONFLICTS AND THE ANSWERS ARE REVIEWED BY THE BUSINESS MANAGER. ANY TRUSTEE WITH A POTENTIAL CONFLICT OF INTEREST IS INSTRUCTED NOT TO VOTE ON ANY BOARD PROPOSALS THAT PERTAIN TO THE AREA OF CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE HEAD OF SCHOOL'S COMPENSATION IS DETERMINED BY AN INDEPENDENT BOARD OF TRUSTEES. KEY EMPLOYEE COMPENSATION IS DETERMINED BY THE HEAD OF SCHOOL. THE SCHOOL USES INFORMATION DERIVED FROM ITS PROFESSIONAL MEMBERSHIP ORGANIZATIONS FOR USE IN SETTING PARAMETERS FOR THE HEAD OF SCHOOL'S SALARY. OTHER SALARIES ARE ESTABLISHED WITHIN BUDGETARY CONSTRAINTS AND CLOSELY FOLLOW THE LOCAL MARKET RATES FOR SIMILAR POSITIONS. THE DETERMINATION AND APPROVAL OF COMPENSATION FOR THE HEAD OF SCHOOL IS PROPERLY DOCUMENTED. THIS PROCESS WAS LAST PERFORMED DURING THE FISCAL YEAR ENDED 7/31/2022 WHEN CONDUCTING THE SEARCH FOR A NEW HEAD OF THE SCHOOL. 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 BASED UPON SPECIFIC REQUESTS BY INDIVIDUALS OR ORGANIZATIONS. FORM 990, PART IX, LINE 24E EQUIPMENT RENTAL AND MAINTENANCE: PROGRAM SERVICE EXPENSES 293,324. MANAGEMENT AND GENERAL EXPENSES 10,553. FUNDRAISING EXPENSES 799. TOTAL EXPENSES 304,676. ADMINISTRATIVE EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 225,739. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 225,739. FUNDRAISING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 113,725. TOTAL EXPENSES 113,725. ROUNDING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1. FACILITIES RENTAL EXPENSE TO PG. 9: PROGRAM SERVICE EXPENSES -26,131. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -26,131. FUNDRAISING EXPENSE TO PG. 9: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES -35,297. TOTAL EXPENSES -35,297. FORM 990, PART XI, LINE 9: UNREALIZED GAIN (LOSS) ON SWAP AGREEMENT 253,279. ROUNDING FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.