2025-05-06T15:23:45-05:00 2024-06-30 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2023-07-01 990329799 PARKER SCHOOL PARK 8088857933 65-1224 LINDSEY ROAD KAMUELA HI 96743 ROBERT MCKENDRY DIRECTOR OF FINANCE AND HR 8088857933 2025-05-06 1 0 RODNEY M HARANO P00389596 8085311040 2025-05-06 2023 2025-03-06 01:10:19Z STEPHEN DUNN 65-1224 LINDSEY ROAD KAMUELA HI 96743 35720265 0 X WWW.PARKERSCHOOLHAWAII.ORG X 1996 HI PARKER SCHOOL IS A COED, COLLEGE-PREPARATORY, INDEPENDENT SCHOOL WITH 337 STUDENTS IN GRADES K THROUGH 12. 7 7 119 75 0 0 9366833 4941940 6540801 6982745 881384 1285626 71667 243982 16860685 13454293 1315181 1462061 0 0 5659025 5806881 0 0 263097 2011173 2226041 8985379 9494983 7875306 3959310 80736385 85994782 1129794 2167312 79606591 83827470 X AT PARKER SCHOOL, EVERY STUDENT IS KNOWN, VALUED AND NURTURED. OUR SMALL-SCHOOL SETTING AND DYNAMIC PROGRAM FOSTER CONFIDENT, COMPASSIONATE INDIVIDUALS WHO ARE THOROUGHLY PREPARED FOR COLLEGE, WHO ENTHUSIASTICALLY ENGAGE IN LIFE AND WHO POSITIVELY CONTRIBUTE TO AN EVER-CHANGING GLOBAL COMMUNITY. 0 0 8105023 1462061 6986338 OPERATION OF PARKER SCHOOL TO PROVIDE PRIMARY AND SECONDARY EDUCATION TO APPROXIMATELY 337 STUDENTS. 8105023 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 25 0 1 119 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 HI X ROBERT MCKENDRY 8088857933 65-1224 LINDSEY ROAD KAMUELA HI 96743 DAVID KIRK PRESIDENT AND DIRECTOR 3.00 X X 0 0 0 MIMI KERLEY 1ST VP AND DIRECTOR 3.00 X X 0 0 0 MAX OSTNER SECRETARY, DIRECTOR 3.00 X X 0 0 0 JONATHAN MITCHELL TREASURER, DIRECTOR 3.00 X X 0 0 0 GERRIT KEATOR DIRECTOR 3.00 X 0 0 0 GREG MOOERS DIRECTOR 3.00 X 0 0 0 JOHN RICHARDS DIRECTOR 3.00 X 0 0 0 JOHN COLSON FORMER DIRECTOR 3.00 X 0 0 0 STEPHEN DUNN HEAD OF SCHOOL 40.00 X 223515 0 38282 ROBERT MCKENDRY DIRECTOR OF FINANCE AND HR 40.00 X 91840 0 28353 DAVID CLARKE HEAD OF UPPER SCHOOL 40.00 X 113861 0 10445 ERIC SILLS DIRECTOR OF MAINTENANCE 40.00 X 103289 0 15860 532505 0 92940 3 0 1 0 GOODFELLOW BROS LLC PO BOX 598 WENATCHEE WA 98807 CONTRACTOR SERVICES FOR SMART CENTER 963733 UNIVERSAL STEEL BUILDINGS DBA OLYMPIA ST 400 ISLAND AVENUE MCKEES ROCKS PA 15136 MATERIALS FOR SMART CENTER CONSTRUCTION 542756 URBAN WORKS 1953 S BERETANIA ST SUITE 4B HONOLULU HI 96826 ARCHITECT SERVICES FOR SMART CENTER 204798 BOND DEVELOPMENT LLC 73-2550 KALOKO DRIVE KAILUAKONA HI 96740 OWNER'S AGENT SERVICES FOR SMART CENTER 199402 QUALITY BUILDERS INC PO BOX 2135 KAMUELA HI 96743 CONTRACTOR SERVICES FOR SMART CENTER 140407 5 378161 592924 3970855 13811 4941940 TUITION AND FEES 611600 6721094 6721094 AUXILLARY SERVICES 611710 261651 261651 6982745 1179550 1179550 161194 0 161194 161194 161194 22250692 22100672 43944 150020 -43944 106076 106076 200551 378161 121356 79195 79195 RECOVERIES 561499 3593 3593 3593 13454293 6986338 0 1526015 1462061 1462061 408210 176555 177059 54596 4288887 3742693 430929 115265 305307 268753 30579 5975 461267 400187 49564 11516 343210 288297 44617 10296 11536 11536 56106 56106 4261 4261 109514 79023 28365 2126 40968 26251 6097 8620 172990 141307 26598 5085 90264 72211 15345 2708 127881 126933 948 2369 957 1412 429267 343413 72976 12878 231320 188048 36332 6940 STUDENT ACTIVITIES 213872 211194 2678 MATERIALS AND SUPPLIES 204438 193755 8671 2012 REPAIRS AND MAINTENANCE 115690 93014 19274 3402 SNACK SHOP 109793 109793 305772 181535 103971 20266 9494983 8105023 1126863 263097 1108904 209147 493878 92102 866149 548948 87050 79642 70703 89593 27198789 4688285 17089518 22510504 23434920 25172560 37585263 37292286 80736385 85994782 623364 1806437 506430 360875 1129794 2167312 X 26490739 33042429 53115852 50785041 79606591 83827470 80736385 85994782 X 3959310 554546 -292977 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7357571 1001000 932214 92017 9198768 6979576 1500 624190 112746 134949 7357571 8113265 75325 -926207 179017 103790 6979576 6451705 275787 1953546 75444 492329 8113265 6307521 50666 281209 44600 143091 6451705 0.75214 0.20723 0.04063 1 0 7833476 7833476 9932859 2958821 6974038 1866457 1506230 360227 7565997 223234 7342763 22510504 BENEFICIAL INTEREST IN PARKER RANCH FOUNDATION TRUST 37292286 37292286 X 15102847 554546 -922561 -368015 15470862 4261 -2020830 -2016569 13454293 8568161 0 8568161 4261 922561 926822 9494983 PART V, LINE 4: THE SCHOOL'S ENDOWMENT FUNDS ARE USED TO SUPPORT ONGOING OPERATIONS INCLUDING CURRENT YEAR BUDGETS, CAPITAL PROJECTS, ONGOING MAINTENANCE AND TO PROVIDE NEED-BASED FINANCIAL AID GRANT TO PARKER SCHOOL STUDENTS. PART X, LINE 2: U.S. GAAP REQUIRES UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT TO FAIL UPON REGULATORY EXAMINATION. MANAGEMENT HAS EVALUATED THE TAX POSITIONS OF THE SCHOOL AS OF JUNE 30, 2024 AND 2023 AND FOR THE YEARS THEN ENDED, AND DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH U.S. GAAP. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS -922,561. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON BENEFICIAL INTEREST IN TRUST 292,977. IN-KIND DONATION OF PROPERTY AND EQUIPMENT 13,411. BAD DEBT RECOVERIES 3,593. INCREASE (DECREASE) IN NET ASSETS WITH DONOR RESTRICTIONS -2,330,811. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 922,561. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PARKER SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGION, ANCESTRY, GENDER, NATIONAL ORIGIN OR SEXUAL ORIENTATION IN THE ADMINISTRATION OF ITS ADMISSIONS AND EDUCATIONAL POLICIES, FINANCIAL AID PROGRAMS, OR ATHLETIC OR OTHER SCHOOL-ADMINISTERED PROGRAMS. THE NOTICE IS PUBLICIZED VIA THE SCHOOL'S WEBSITE. AUCTION 578712 378161 200551 55723 10865 54768 578712 378161 200551 55723 10865 54768 121356 79195 1 FINANCIAL AID AND SCHOLARSHIPS 143 917704 N/A N/A EMPLOYEE TUITION WAIVERS 32 539500 N/A N/A WORK STUDY 31 4857 N/A N/A PART I, LINE 2: ALL GRANT FUNDS AND EMPLOYEE TUITION WAIVERS ARE DISBURSED TO RECIPIENTS IN THE FORM OF CREDITS TO PARKER SCHOOL TUITION INVOICES. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 STEPHEN DUNN HEAD OF SCHOOL 223515 0 0 0 0 0 19982 0 18300 0 261797 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL RESIDES ON CAMPUS AS A CONDITION OF EMPLOYMENT. X 4 1015570 AVERAGE PRICE PER SHARE 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE WORKING DRAFTS OF THE FORM 990, WHICH ARE COMPLETED BY THE SCHOOL'S AUDITORS AND CERTAIN MEMBERS OF MANAGEMENT. THE FINANCE COMMITTEE IS RESPONSIBLE FOR COORDINATING THE PROVISION OF ANY GOVERNANCE-RELATED AND POLICY-RELATED COMPONENTS/REQUIREMENTS OF THE RETURN. UPON SATISFACTORY COMPLETION OF THE FORM 990, PRIOR TO FILING WITH THE IRS, THE FINANCE COMMITTEE ELECTRONICALLY DISTRIBUTES SUCH DRAFT TO THE FULL BOARD OF DIRECTORS FOR ITS REVIEW. THE FORM 990 IS SIGNED BY AN AUTHORIZED PERSON, AND THEN FILED WITH THE IRS. THE ANNUAL TAX RETURN PROCESS IS COMPLETED NO LATER THAN THE LAST AVAILABLE IRS FILING DATE. ANY NECESSARY APPLICATIONS FOR EXTENSION OF TIME TO FILE ARE COMPLETED BY THE AUDITORS OR BY THE ORGANIZATION AND FILED WITHIN ALL APPLICABLE DEADLINES. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S CONFLICT OF INTEREST POLICY SETS FORTH THE PROCESSES AND PROCEDURES FOR MONITORING PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DEALING WITH POTENTIAL AND ACTUAL CONFLICTS. OFFICERS, DIRECTORS, KEY EMPLOYEES, NON-DIRECTOR MEMBERS OF THE BOARD COMMITTEES, AND OTHER INTERESTED PERSONS ARE REQUIRED ANNUALLY TO REVIEW AND CERTIFY THEIR COMPLIANCE WITH THE SCHOOL'S CONFLICT OF INTEREST POLICY. FURTHER, UNDER THE CONFLICT OF INTEREST POLICY, INTERESTED PERSONS HAVE AN ONGOING DUTY TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR REVIEWING AND DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS. IN THE EVENT THE CONFLICT OF INTEREST INVOLVES A DIRECTOR, THE DIRECTOR IS REQUIRED TO RECUSE HIMSELF OR HERSELF FROM SUCH DISCUSSIONS. FORM 990, PART VI, SECTION B, LINE 15A BEYOND THE BASIC BENEFITS PACKAGE MADE AVAILABLE TO SCHOOL EMPLOYEES, THE HEAD OF SCHOOL'S COMPENSATION FOR THE SUBSEQUENT FISCAL YEAR IS ESTABLISHED AT THE CONCLUSION OF THE PERFORMANCE REVIEW PROCESS IN THE SPRING. THE HEAD OF SCHOOL PERFORMANCE REVIEW COMMITTEE OF THE BOARD OF DIRECTORS, IN CONSULTATION WITH THE CHAIR OF THE FINANCE COMMITTEE, MAKES A COMPENSATION RECOMMENDATION TO THE BOARD BASED ON THE FOLLOWING: (A) THE HEAD OF SCHOOL'S PERFORMANCE DURING THE LAST FISCAL YEAR; (B) AVAILABLE DATA REGARDING HEAD OF SCHOOL COMPENSATION IN COMPARABLE SCHOOLS, REGIONALLY AND NATIONALLY; AND (C) A REVIEW OF THE COMPENSATION OF OTHER MEMBERS OF THE SCHOOL'S ADMINISTRATIVE TEAM. FINAL APPROVAL OF THE HEAD OF SCHOOL'S COMPENSATION IS MADE BY THE SCHOOL'S BOARD OF DIRECTORS, WHICH IS DETERMINED AND COMMUNICATED TO THE HEAD OF SCHOOL BEFORE THE NEW FISCAL YEAR BEGINS. A LETTER DOCUMENTING THE PROCESS AND STATING THE COMPENSATION IS DRAFTED BY THE HEAD OF SCHOOL COMPENSATION COMMITTEE, AND DELIVERED TO THE BUSINESS OFFICE FOR THE PERSONNEL FILE. THIS PROCESS WAS LAST UNDERTAKEN IN MAY/JUNE 2024. 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. FORM 990, PART XI, LINE 9: LOSS ON BENEFICIAL INTEREST IN PARKER RANCH FOUNDATION TRUST -292,977. PARKER RANCH FOUNDATION TRUST 66-1304 MAMALAHOA HIGHWAY KAMUELA HI 96743 996064620 SUPPORT PARKER SCHOOL AND OTHER HAWAII ORGANIZATIONS HI 501(C)(3) LINE 12A, I N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PARKER RANCH FOUNDATION TRUST C 592924 ACTUAL AMOUNT