2024-05-14T20:21:58-05:00 2023-06-30 390859910 BAKER TILLY US LLP 18500 VON KARMAN AVE 10TH FLOOR IRVINE CA 92612 990 2022-07-01 942941604 WALDORF SCHOOL OF THE PENINSULA WALD 6502099400 11311 MORA DRIVE LOS ALTOS CA 94024 VIKRANT BATRA PRESIDENT 6502099400 2024-05-14 1 VIKRANT BATRA 999009999 0 BRIAN YACKER P00401346 9492222999 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PIERRE LAURENT 11311 MORA DRIVE LOS ALTOS CA 94024 10767938 0 X WWW.WALDORFPENINSULA.ORG X 1984 CA TO PROVIDE WALDORF EDUCATION TO STUDENTS, NURSERY THROUGH TWELFTH GRADE. 7 5 119 100 0 0 1365198 457778 7453255 10123327 46617 48743 34377 38477 8899447 10668325 1020966 2747923 0 0 5397449 5896215 0 0 294357 1835417 2239919 8253832 10884057 645615 -215732 5417816 7352045 1122041 3134716 4295775 4217329 TO AWAKEN CHILDREN TO THEIR OWN INDIVIDUALITY AND UNFOLD THEIR HIGHER CAPACITIES OF THINKING, FEELING AND WILLING, THUS CREATING A TRULY HUMAN WORLD THROUGH AN EDUCATION THAT IS A SOURCE OF SOCIAL CHANGE. WALDORF EDUCATION REACHES BEYOND CONTENT TO FREEING THE HUMAN SPIRIT. 0 0 8361677 2747923 9836819 TUITION - WALDORF SCHOOL IS AN INDEPENDENT NURSERY THROUGH TWELFTH GRADE SCHOOL, PROVIDING EDUCATION FOR 288 STUDENTS. OUR MISSION IS TO AWAKEN CHILDREN TO THEIR OWN INDIVIDUALITY AND UNFOLD THEIR HIGH CAPACITIES OF THINKING, FEELING AND WILLING, THUS CREATING A TRULY HUMAN WORLD THROUGH AN EDUCATION THAT IS A SOURCE OF SOCIAL CHANGE. WALDORF EDUCATION REACHES BEYOND CONTENT TO FREEING THE HUMAN SPIRIT. 226114 250464 AFTERCARE FEES - THE EXTENDED CARE PROGRAM SERVES THE FAMILIES IN OUR COMMUNITY BY OFFERING A SAFE AND NURTURING ENVIRONMENT CONSISTENT WITH THE PRINCIPLES OF WALDORF EDUCATION FOR CHILDREN FROM NURSERY THROUGH GRADE 5. 30973 36044 PARENT CHILD PROGRAM - OUR PARENT-CHILD PROGRAM SUPPORTS AND EMPOWERS PARENTS AND CAREGIVERS DURING THE EARLY YEARS. THESE CLASSES OFFER A SIMPLE, ACCESSIBLE, PLAYFUL AND ARTISTIC VISION FOR NURTURING THE GROWING FAMILY. 8618764 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 21 0 1 119 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 7 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X JOANN WALDMAN 6502099406 11311 MORA DRIVE LOS ALTOS CA 94024 X JOANN WALDMAN DIRECTOR OF FINANCE 40.00 X 161450 0 22158 PIERRE LAURENT ADMINISTRATOR 40.00 X 181151 0 246 YASUKO INOUE TRUSTEE 40.00 X 72310 0 33251 KERSTIN PINTUS TRUSTEE 40.00 X 73285 0 15244 SANDRA WELCH SECRETARY 10.00 X X 0 0 0 VIKRANT BATRA TREASURER 10.00 X X 0 0 0 JENNIFER DIRKING TRUSTEE 5.00 X 0 0 0 BOB FROELICH TRUSTEE 5.00 X 0 0 0 AMY SHIMMICK TRUSTEE 5.00 X 0 0 0 488196 0 70899 2 0 1 0 0 75998 5000 376780 33101 457778 TUITION 611710 9836819 9836819 AFTERCARE FEES 611710 250464 250464 PARENT CHILD PROGRAM 611710 36044 36044 10123327 48743 48743 42062 75998 60671 -18609 -18609 69978 38942 31036 31036 APPLICATION FEES 900099 26050 26050 26050 10668325 10123327 0 87220 2747923 2747923 607066 207252 399814 4084574 3175857 752145 156572 845895 597158 219418 29319 358680 258989 87532 12159 25318 25318 38760 38760 34470 26375 5028 3067 77131 55693 18823 2615 237389 169247 60419 7723 21556 15565 5260 731 1091785 765561 290282 35942 114627 82767 27974 3886 86683 60550 23291 2842 SCHOOL EXPENSES 395659 395659 MEMBERSHIP 56639 40897 15742 MS FUNDRAISING 39501 39501 HS EXPENSES 14544 14544 5857 4727 1130 10884057 8618764 1970936 294357 750 750 2657659 2674749 376918 371064 164178 193011 39015 36598 216795 225732 2198757 1949667 335659 249090 1567521 1705316 38384 38538 20937 1857197 5417816 7352045 477900 432691 644141 760913 0 1941112 1122041 3134716 X 4152116 4071262 143659 146067 4295775 4217329 5417816 7352045 -215732 137286 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1590905 32882 180627 5000 1799414 1807325 19776 -203209 32987 1590905 1423747 23835 364743 5000 1807325 1382822 18986 26939 5000 1423747 1318032 1163 68627 5000 1382822 0.96910 0.00000 0.03090 0 0 1603769 1373968 229801 594988 575699 19289 249090 DEPOSITS 17031 OPERATING LEASE RIGHT-OF-USE ASSETS 1840166 1857197 OPERATING LEASE LIABILITIES 1941112 1941112 X 8118359 137286 -2747923 -2610637 10728996 -60671 -60671 10668325 8196805 60671 60671 8136134 2747923 2747923 10884057 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF ONE BOARD DESIGNATED ENDOWMENT FUND. ALL BOARD DESIGNATED NET ASSETS AND EARNINGS ON ENDOWMENT FUNDS ARE CLASSIFIED AS UNRESTRICTED. THE BOARD HAS NOT FORMALLY ADOPTED A SPENDING POLICY. PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) SECTION 509(A)(1) AS AN ORGANIZATION DESCRIBED UNDER IRC SECTION 501(C)(3), AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D, RESPECTIVELY. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. EACH YEAR, MANAGEMENT CONSIDERS WHETHER ANY MATERIAL TAX POSITION THE SCHOOL HAS TAKEN IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. THE BOARD BELIEVES THAT ANY POSITIONS THE SCHOOL HAS TAKEN ARE SUPPORTED BY SUBSTANTIAL AUTHORITY AND, HENCE, DO NOT NEED TO BE MEASURED OR DISCLOSED IN THESE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SIBLING DISCOUNTS AND REMISSIONS -1,038,068. TUITION ASSISTANCE -1,709,855. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE -60,671. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 60,671. PART XII, LINE 4B - OTHER ADJUSTMENTS: SIBLING DISCOUNTS AND REMISSIONS 1,038,068. TUITION ASSISTANCE 1,709,855. 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 RACIAL NON-DISCRIMINATION POLICY IS POSTED ON THE SCHOOL WEBSITE. SPRING SOIREE 101648 75998 25650 8550 1200 17500 22299 WINTER FAIRE 16412 0 16412 11122 118060 75998 42062 8550 1200 17500 33421 60671 -18609 1 SIBLING DISCOUNTS AND REMISSIONS 59 1038068 TUITION ASSISTANCE 78 1709855 PART I, LINE 2: THE SCHOOL MONITORS THE SIBLING AND REMISSIONS BY THE ENROLLMENT RECORDS. IF A FAMILY IS NOT ATTENDING THEN THE DISCOUNT OR REMISSION IS REDUCED TO REFLECT TIME ATTENDED. X 0 0 0 0 0 0 0 0 0 JOANN WALDMAN DIRECTOR OF FINANCE 161450 0 0 0 0 0 0 0 22158 0 183608 0 0 0 PIERRE LAURENT ADMINISTRATOR 181151 0 0 0 0 0 0 0 246 0 181397 0 0 0 MONICA LAURENT SPOUSE OF PIERRE LAURENT, ADMINISTRATOR 131811 EMPLOYMENT COMPENSATION 0 X 6 33101 FMV 0 0 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD AND SIGNED BY THE BOARD PRESIDENT BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST TO THE BOARD OF TRUSTEE. UPON DISCLOSURE OF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST BY A TRUSTEE, THE BOARD SHALL DETERMINE WHETHER THE TRUSTEE SHOULD RECUSE HIM/HERSELF FROM ALL OR PART OF THE DELIBERATIONS OR DECISION RELATED TO THE MATTER GIVING RISE TO THE CONFLICT. THE TRUSTEE WITH THE ACTUAL OR POTENTIAL CONFLICT AGREES TO ABIDE BY THE BOARD'S DECISION. IN ADDITION, THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE BOARD OF TRUSTEES HANDBOOK AND REVIEWED ANNUALLY DURING THE SEPTEMBER BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE SCHOOL'S TOP ADMINISTRATOR WAS DETERMINED BY THE BOARD OF TRUSTEES. THE TRUSTEES WORKED WITHIN THE SCHOOL'S POLICIES AND STUDIED COMPARABLE DATA FOR EMPLOYEES IN THIS POSITION IN OTHER INDEPENDENT SCHOOLS IN THE BAY AREA. THOUGH A TRUSTEE, THE TOP ADMINISTRATOR IS NOT INVOLVED IN THE PROCESS. PROCESS AND DECISION IS CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 ALL CORPORATE POLICIES INCLUDING GOVERNANCE, CONFLICT OF INTEREST, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING IN THE BUSINESS OFFICE OF THE SCHOOL. FORM 990, PART VII, COLUMN D: THE REPORTED COMPENSATION FOR KERSTIN PINTUS AND PIERRE LAURENT IS FROM THEIR SERVICE AS EMPLOYEES OF THE SCHOOL, NOT AS TRUSTEES. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.