2024-07-29T09:04:06-05:00 2023-08-31 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2022-09-01 953512203 CARLTHORP SCHOOL CARL 3104511332 438 SAN VICENTE BLVD SANTA MONICA CA 90402 KENNETH PARR DIRECTOR OF FINANCE AND OPERATIONS 3104511332 2024-07-25 1 0 CASIE ZWAHLEN CPA P02291311 6268577300 2024-07-25 2022 2024-08-08 14:25:15Z KENNETH PARR 438 SAN VICENTE BLVD SANTA MONICA CA 90402 14242388 0 1 X WWW.CARLTHORP.ORG X 1939 CA INDEPENDENT NONPROFIT DAY SCHOOL FOR CHILDREN IN GRADES K-6. 16 15 99 110 0 0 2067536 2476984 10004223 10587560 585867 935982 -67598 83249 12590028 14083775 461221 419985 0 0 9429971 9666595 0 0 522301 2739913 2899103 12631105 12985683 -41077 1098092 45708597 49647820 8926860 9573427 36781737 40074393 X CARLTHORP SCHOOL IS AN INDEPENDENT, NONPROFIT DAY SCHOOL FOR CHILDREN IN GRADES K-6. CARLTHORP SCHOOL PROVIDES A STRONG ACADEMIC FOUNDATION IN A DIVERSE AND NURTURING SCHOOL COMMUNITY THAT EMPHASIZES TRADITIONAL VALUES, DISCIPLINED WORK HABITS, AND EXCELLENCE IN ORDER TO PREPARE OUR STUDENTS TO ACHIEVE THEIR HIGHEST POTENTIAL IN EDUCATION AND LIFE.CARLTHORP SCHOOL, ESTABLISHED IN 1939, IS THE OLDEST INDEPENDENT SCHOOL IN SANTA MONICA. THOUGH THE BREADTH OF OUR CURRICULUM HAS RADICALLY EXPANDED IN THE LAST 76 YEARS, OUR BASIC PHILOSOPHY REMAINS THE SAME. WE FOCUS ON THE CHILD AS A WHOLE, HELPING HIM OR HER TO GROW ACADEMICALLY, SOCIALLY, AND ETHICALLY - ALL WITHIN THE FRAMEWORK OF A TRADITIONALLY ACADEMIC SCHOOL. THE SCHOOL'S TRADITIONAL APPROACH TO EDUCATION, COUPLED WITH POSITIVE REINFORCEMENT IN A CARING WHOLESOME ENVIRONMENT PREPARES CHILDREN TO EXCEL IN TODAY'S COMPETITIVE SOCIETY. 0 0 10648080 419985 10587560 CARLTHORP SCHOOL IS ACCREDITED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, THE CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS AND THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES. CARLTHORP SCHOOL RECEIVED THE "NO CHILD LEFT BEHIND" NATIONAL BLUE RIBBON OF EXCELLENCE AWARD. 100% OF CARLTHORP SCHOOL'S 2023 GRADUATING CLASSES ATTEND THE SECONDARY SCHOOL OF THEIR FIRST CHOICE.THE SCHOOL IS TRADITIONALLY AND ACADEMICALLY ORIENTED. THE CURRICULUM IS WELL-ROUNDED AND A SOLID ACADEMIC FOUNDATION IN MATH, READING, AND ENGLISH IS STRESSED. TEACHERS UTILIZE DIVERSE TEACHING MODALITIES AND STRATEGIES. WITH TWO CLASSES AT EACH GRADE LEVEL OF 20 STUDENTS IN EACH CLASS, EACH STUDENT FROM KINDERGARTEN THROUGH SIXTH GRADE RECEIVED INDIVIDUAL ATTENTION. THOROUGHNESS, ACCURACY AND RESPONSIBILITY ARE STRESSED IN ALL SCHOOLWORK, AND SPECIAL ATTENTION IS GIVEN TO NECESSARY PREPARATION FOR ENTRANCE TO PUBLIC AND PRIVATE SECONDARY SCHOOLS. DURING THE 2022-23 SCHOOL YEAR, THE SCHOOL SERVED APPROXIMATELY 280 STUDENTS. 10648080 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 22 0 1 99 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 16 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X KEN PARR 3104511332 438 SAN VICENTE BOULEVARD SANTA MONICA CA 90402 NOLA RAE CRONAN HEAD OF SCHOOL 40.00 X X 419353 0 44566 VARUN SONI TRUSTEE 1.50 X 0 0 0 HANNAH SKVARLA TRUSTEE 1.50 X 0 0 0 PETER SHEEHY TRUSTEE 1.50 X 0 0 0 ELLEN SCHWARZMAN TRUSTEE 1.50 X 0 0 0 CARA MORENO TRUSTEE 1.50 X 0 0 0 DOROTHY MENZIES TRUSTEE 1.50 X 0 0 0 STEFANIE HUIE TRUSTEE 1.50 X 0 0 0 JARRED KENNEDY TRUSTEE 1.50 X 0 0 0 TIMOTHY JACKMAN TRUSTEE 1.50 X 0 0 0 MEGAN WATANABLE TRUSTEE 1.50 X 0 0 0 MICHAEL BUNDY TRUSTEE 1.50 X 0 0 0 JOSHUA BERTMAN TRUSTEE 1.50 X 0 0 0 AARON LEWIS CHAIR 1.50 X X 0 0 0 SHERMAN MA TRUSTEE 1.50 X 0 0 0 CATALINA VERGARA TRUSTEE 1.50 X 0 0 0 KENNETH PARR DIRECTOR OF FINANCE 40.00 X 276025 0 83404 STEVEN SPRINGER ASSOCIATE HEAD OF SCHOOL 40.00 X 301818 0 50865 MAUREEN POLLACK DIRECTOR OF ADVANCEMENT 40.00 X 173445 0 20629 AMANDA SASSO DEAN OF ACADEMICS 40.00 X 185767 0 19519 LYNN WAGMEISTERTERM END 623 DIRECTOR OF TRANSITION & STRATEGIC PLANNING 40.00 X 171178 0 29613 ANDRE MORRIS HEAD OF SCIENCE, INNOVATION & SPECIAL PROGRAMS 40.00 X 126679 0 15853 1654265 0 264449 7 0 1 0 HARDING LARMORE KUTCHER & KOZAL LLP 1250 6TH ST STE 200 SANTA MONICA CA 90401 LEGAL SERVICES 138221 1 537670 1939314 407854 2476984 TUITION/TUTORING FEES 611600 10232350 10232350 WORKSHOPS AND ACTIVITIES 611710 355210 355210 10587560 935982 935982 237795 537670 158613 79182 79182 MISCELLANEOUS INCOME 900099 4067 4067 4067 14083775 10587560 0 1019231 419985 419985 881475 261070 496324 124081 7121220 6135003 695601 290616 299541 264912 23617 11012 763364 680849 55464 27051 600995 492625 79399 28971 42788 42788 34455 34455 134652 83648 51004 29179 29179 158288 52689 80572 25027 231708 208537 23171 80008 80008 105041 105041 299712 269741 29971 193158 173842 19316 AUXILIARY PROGRAMS EXPE 448491 448491 REPAIRS AND MAINTENANCE 355740 320166 35574 PROGRAM SERVICE ACTIVIT 302386 302386 CLASSROOM SUPPLIES 213628 213628 269869 215467 38859 15543 12985683 10648080 1815302 522301 444247 236316 21875215 23118182 135696 149628 340097 344169 10516078 5678349 4512571 4837729 18400771 20961796 45708597 49647820 386745 493656 8540115 9079771 8926860 9573427 X 34630819 37526563 2150918 2547830 36781737 40074393 45708597 49647820 1098092 2194564 0 X X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26242912 2730739 28973651 28627720 -2384808 26242912 23763694 4864026 28627720 25203403 3088345 4528054 23763694 24920057 283346 25203403 0.97227 0.02773 0 0 2610517 2610517 6877032 5263643 1613389 729908 352066 377842 298621 62640 235981 4837729 X 15858354 2194564 2194564 13663790 419985 419985 14083775 12565698 0 12565698 419985 419985 12985683 PART V, LINE 4: THE SCHOOLS ENDOWMENT FUNDS CONSIST OF DONOR-RESTRICTED ENDOWMENTS AND FUNDS DESIGNATED BY THE BOARD AS ENDOWMENTS. INCOME FROM DONOR-RESTRICTED ENDOWMENTS IS RESTRICTED FOR SPECIFIC PURPOSES, WITH THE EXCEPTION OF THE AMOUNTS AVAILABLE FOR GENERAL USE. DONOR-RESTRICTED ENDOWMENT FUNDS ARE NOT AVAILABLE FOR GENERAL EXPENDITURE. IN THE INTEREST OF SIMPLIFYING AND CONSOLIDATING THE REPORTING OF FUNDS WITHOUT DONOR RESTRICTIONS HELD BY THE SCHOOL, IN NOVEMBER 2019 THE BOARD MADE A DECISION TO COMBINE THE FOUNDERS FACULTY ENDOWMENT, UNRESTRICTED FUNDS, AND BOARD DESIGNATED ENDOWMENT INTO ONE FUND TITLED BOARD DESIGNATED ENDOWMENT. IN NOVEMBER 2019, THE BOARD MADE A RESOLUTION TO TRANSFER $10,000,000 FROM BOARD-DESIGNATED ENDOWMENT AND UNRESTRICTED FUNDS TO CREATE A BOARD-DESIGNATED MASTER PLAN FUND TO BE USED FOR THE NEEDS OF THE MASTER PLAN. PART X, LINE 2: THE SCHOOL HAS RECEIVED FAVORABLE DETERMINATION LETTERS INDICATING IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE AND CALIFORNIA FRANCHISE TAXES UNDER SECTION 23701D OF THE CALIFORNIA REVENUE TAXATION CODE. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES ALL OF THE POSITIONS TAKEN BY THE SCHOOL ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THESE RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES GENERALLY THREE AND FOUR YEARS RESPECTIVELY, AFTER THEY ARE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 419,985. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 419,985. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 CARLTHORP SCHOOL PUBLISHES ITS NOTICE OF NON-DISCRIMINATORY POLICY TO STUDENTS IN THE LOS ANGELES TIMES ANNUALLY. CARLTHORP SCHOOL DOES NOT HAVE A SOLICITATION PROGRAM. SCHOLARSHIP FUNDRAISER 775465 537670 237795 80686 1632 76295 775465 537670 237795 80686 1632 76295 158613 79182 1 FINANCIAL AID 19 419985 PART I, LINE 2: FINANCIAL AID IS AWARDED BY CARLTHORP SCHOOL ON A NONDISCRIMINATORY BASIS AND IN ACCORDANCE WITH THE FOLLOWING PROCEDURE. APPLICANTS COMPLETE A FINANCIAL AID FORM PREPARED BY SCHOOL AND STUDENT SERVICES (SSS) OF NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS). THE FORM IS THEN SUBMITTED TO SSS. THE SSS THEN MAKES A RECOMMENDATION TO CARLTHORP SCHOOL REGARDING THE AMOUNT OF FINANCIAL AID RECOMMENDED FOR EACH APPLICANT. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 NOLA RAE CRONAN HEAD OF SCHOOL 324756 0 24597 0 70000 0 10155 0 34411 0 463919 0 0 0 KENNETH PARR DIRECTOR OF FINANCE 219225 0 6000 0 50800 0 16261 0 67143 0 359429 0 0 0 STEVEN SPRINGER ASSOCIATE HEAD OF SCHOOL 284732 0 11000 0 6086 0 15999 0 34866 0 352683 0 0 0 AMANDA SASSO DEAN OF ACADEMICS 178267 0 7500 0 0 0 11392 0 8127 0 205286 0 0 0 LYNN WAGMEISTERTERM END 623 DIRECTOR OF TRANSITION & STRATEGIC P 164660 0 6500 0 18 0 8686 0 20927 0 200791 0 0 0 MAUREEN POLLACK DIRECTOR OF ADVANCEMENT 166045 0 6000 0 1400 0 9865 0 10764 0 194074 0 0 0 PART I, LINE 1A GROSSED-UP TUITION REIMBURSEMENT PAYMENTS WERE MADE IN ACCORDANCE WITH THE SCHOOL'S TUITION REIMBURSEMENT POLICY FOR OFFICERS AND KEY EMPLOYEES, WHICH HAS BEEN MEMORIALIZED IN WRITING. PART I, LINE 3 THE CHAIR OF THE BOARD OF TRUSTEES AND THE CHAIR OF THE FINANCE COMMITTEE REVIEW AND APPROVE THE ANNUAL COMPENSATION OF THE HEAD OF SCHOOL PRIOR TO EXECUTION OF THE HEAD OF SCHOOL'S ANNUAL EMPLOYMENT CONTRACT. IN CONNECTION WITH THIS DELIBERATION, COMPENSATION INFORMATION OBTAINED FROM THE CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOL OF OTHER HEADS OF SCHOOL IS REVIEWED. KENNETH PARR OFFICER 33975 TUITION REMISSION TUITION REMISSION X 16 201705 FMV X AUCTION ITEMS 204 206149 FMV 0 0 1 1 PART I, LINE 32B: WELLS FARGO ADVISORS PROCESSES ALL STOCK DONATIONS MADE TO CARLTHORP SCHOOL. DONORS ARE INSTRUCTED TO DONATE STOCK GIFTS DIRECTLY TO CARLTHORP SCHOOL'S ACCOUNT AT WELLS FARGO ADVISORS. CARLTHORP SCHOOL HAS A STANDING ORDER WITH WELLS FARGO ADVISORS TO SELL ALL STOCK DONATIONS UPON RECEIPT AND SEND THE PROCEEDS THEREOF TO THE SCHOOL. FORM 990, PART VI, SECTION A, LINE 1A THE FINANCE AND AUDIT COMMITTEE IS A COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEE SHALL BE COMPOSED OF THREE OR MORE DIRECTORS, NONE OF WHOM SHALL BE AN EMPLOYEE OF THE SCHOOL. ALL MEMBERS OF THE COMMITTEE SHALL BE FINANCIALLY LITERATE, AND AT LEAST ONE MEMBER SHALL HAVE ACCOUNTING OR RELATED FINANCIAL MANAGEMENT EXPERTISE. THE MEMBERS OF THE COMMITTEE SHALL BE NOMINATED BY THE BOARD AT THE ANNUAL MEETING OF THE BOARD AND SHALL SERVE UNTIL THE NEXT ANNUAL ORGANIZATIONAL MEETING OR UNTIL THEIR RESPECTIVE SUCCESSORS SHALL BE NOMINATED. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES REVIEWS THE FORM 990, WITHOUT DONOR INFORMATION, PRIOR TO THE FILING OF THE FORM 990. THE REVIEW OF THE 990 BY THE BOARD INCLUDES REVIEW OF: PROGRAM SERVICE ACCOMPLISHMENTS, THE STATEMENT OF FUNCTIONAL EXPENSES, AND THE EXISTENCE OF A CONFLICT OF INTEREST POLICY, A WHISTLEBLOWER POLICY, DOCUMENT RETENTION AND DESTRUCTION POLICY, AND A PROCESS FOR DETERMINING COMPENSATION OF THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, EVERY BOARD MEMBER, OFFICER AND KEY EMPLOYEE IS REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT, WHICH FORMS ARE KEPT ON FILE BY THE DIRECTOR OF FINANCE. SUCH FORMS DESCRIBE TYPES OF CONFLICTS OF INTEREST AND REQUIRE DISCLOSURE OF ANY SUCH CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIR OF THE BOARD OF TRUSTEES AND THE CHAIR OF THE FINANCE COMMITTEE REVIEW AND APPROVE THE ANNUAL COMPENSATION OF THE HEAD OF SCHOOL PRIOR TO EXECUTION OF THE HEAD OF SCHOOL'S ANNUAL EMPLOYMENT CONTRACT. IN CONNECTION WITH THIS DELIBERATION, INFORMATION FROM THE CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS (CAIS) REGARDING COMPENSATION OF OTHER HEADS OF SCHOOL IS REVIEWED. OTHER KEY EMPLOYEES ARE REVIEWED BY THE HEAD OF SCHOOL, WITH CAIS COMPENSATION INFORMATION, AND SUCH REVIEWS ARE DOCUMENTED IN PERSONNEL FILES. THE MOST RECENT YEAR IN WHICH THE PROCESS OF REVIEWING AND APPROVING COMPENSATION WAS CONDUCTED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST OF POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.