2026-04-08T10:39:27-05:00 2025-06-30 946214841 ARMANINO ADVISORY LLC 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2024-07-01 941629702 THE SAN FRANCISCO SCHOOL SANF 4152391410 300 GAVEN STREET SAN FRANCISCO CA 94134 FARNAZ DEVITT CFOO 4152391410 2026-03-26 1 1 KATY BROWN P00650274 9257902600 2026-03-25 2024 2025-03-06 01:10:19Z FARNAZ DEVITT 300 GAVEN STREET SAN FRANCISCO CA 94134 15597600 0 X WWW.SFSCHOOL.ORG X 1966 CA PRIVATE SCHOOL THAT PROMISES TO PRACTICE RESPECT, EMBRACES DIVERSITY, AND INSPIRE PASSION TO LEARN. 25 20 104 100 0 0 1105491 1053698 11844689 12753430 522418 947791 5937 10878 13478535 14765797 1559349 1682188 0 0 8833447 9190790 1375 0 503883 2774437 3118144 13168608 13991122 309927 774675 28451874 38145418 8086735 16442000 20365139 21703418 A PRIVATE SCHOOL THAT CULTIVATES AND CELEBRATES THE INTELLECTUAL, IMAGINATIVE, AND HUMANITARIAN PROMISE OF EACH STUDENT IN A COMMUNITY THAT PRACTICES MUTUAL RESPECT, EMBRACES DIVERSITY, AND INSPIRES PASSION FOR LEARNING. 0 0 12097371 1682188 12755180 THE SAN FRANCISCO SCHOOL CULTIVATES AND CELEBRATES THE INTELLECTUAL, IMAGINATIVE, AND HUMANITARIAN PROMISE OF EACH STUDENT IN A COMMUNITY THAT PRACTICES MUTUAL RESPECT, EMBRACES DIVERSITY, AND INSPIRES A PASSION FOR LEARNING. 12097371 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 43 0 1 104 1 0 0 0 0 0 0 0 0 0 0 0 0 X 25 20 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X FARNAZ DEVITT 4152395065 300 GAVEN STREET SAN FRANCISCO CA 94134 JUNA KIM MCDAID HEAD OF SCHOOL / PRESIDENT 40.00 X X 415258 0 39406 FARNAZ DEVITT CFOO / TREASURER 40.00 X X 204221 0 13869 TALIA GOODKIN TEACHER / TRUSTEE 40.00 X 113471 0 15876 DANIEL MUNDA TEACHER / TRUSTEE 40.00 X 96170 0 79439 STACY LEE TEACHER / TRUSTEE 40.00 X 96508 0 7494 JOSUE ESTRADA CHAIR OF BOARD 2.00 X X 0 0 0 LORI KARNS VICE CHAIR OF BOARD 2.00 X X 0 0 0 JOHN PALMER FINANCE CHAIR 2.00 X X 0 0 0 BRITT ANDERSON TRUSTEE 2.00 X 0 0 0 THEA ANDERSON TRUSTEE 2.00 X 0 0 0 RACHEL BENSON TRUSTEE 2.00 X 0 0 0 ELLEN CHEN TRUSTEE 2.00 X 0 0 0 GISELLE CHOW TRUSTEE 2.00 X 0 0 0 JEN FAENZA TRUSTEE 2.00 X 0 0 0 ALI GASS TRUSTEE 2.00 X 0 0 0 MICHAEL GLASER TRUSTEE 2.00 X 0 0 0 SAPNA GUPTA TRUSTEE 2.00 X 0 0 0 SID LAKIREDDY TRUSTEE 2.00 X 0 0 0 STACY LEE TRUSTEE 2.00 X 0 0 0 CHRISTINE LUBY TRUSTEE 2.00 X 0 0 0 CARLTON MCMILLAN TRUSTEE 2.00 X 0 0 0 ALEX ORTIZ TRUSTEE 2.00 X 0 0 0 MORIAH ORTIZ TRUSTEE 2.00 X 0 0 0 DARPUN SACHDEV TRUSTEE 2.00 X 0 0 0 ANGELA TAYLOR TRUSTEE 2.00 X 0 0 0 LAURA POST ASSOC. DIR OF OPS & ADVANCEMENT/SEC 40.00 X 119510 0 9517 STEWART DORSEY HEAD OF LOWER SCHOOL (AS OF 7/1/24) 40.00 X 168080 0 37850 RAQUEL VIZCAINO RAMIREZ MIDDLE SCHOOL HEAD 40.00 X 180597 0 21552 JENNIFER KEESE-POWELL DIRECTOR OF ADVANCEMENT 40.00 X 165482 0 31161 DOLORES ELKIN KINDERGARTEN TEACHER 40.00 X 143672 0 10865 PUI CHI NG CONTROLLER 40.00 X 140643 0 10533 1843612 0 277562 29 0 1 0 0 1053698 134996 1053698 TUITION 611110 11925588 11925588 PROGRAM FEES 611110 827842 827842 12753430 503234 503234 7270 0 7270 7270 7270 1271737 827180 444557 444557 444557 6481 4623 1858 1858 MISCELLANEOUS 611110 1750 1750 1750 14765797 12755180 0 956919 1682188 1682188 1327462 534640 694157 98665 6083177 5662082 227544 193551 333241 268261 52936 12044 923575 850860 63520 9195 523335 387722 120398 15215 16569 16569 54229 54229 345986 232865 57368 55753 73763 30331 2054 41378 111371 78042 3481 29848 109921 77026 3435 29460 778845 770014 6784 2047 161907 98217 54223 9467 81911 81086 615 210 695697 682310 11624 1763 142211 128639 13244 328 EDUCATIONAL ACTIVITIES 177282 177282 CLASSROOM SUPPLIES 129530 129530 FOOD 128293 123246 4288 759 110629 103030 3399 4200 13991122 12097371 1389868 503883 4564921 9379093 616953 1087189 39312 26785 5128 457 154686 162858 20598219 9882265 11124545 10715954 11946329 9950001 0 6823081 28451874 38145418 804731 7737495 4230272 4281640 3051732 2878343 0 1544522 8086735 16442000 X 11527680 12036548 8837459 9666870 20365139 21703418 28451874 38145418 774675 563604 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9534062 7370 1243933 304640 10480725 8256079 252602 1280005 254624 9534062 8261771 170098 799106 974896 8256079 9434814 303435 -1030204 446274 8261771 6528793 1992299 1113695 199973 9434814 0.08188 0.34082 0.57730 0 0 501159 501159 12779296 6401295 6378001 4711544 1282028 3429516 2131492 1794920 336572 474728 404022 70706 10715954 CONTRACT ASSET 6823081 6823081 REFUNDABLE ADVANCE - ERC 1544522 1544522 X 13647213 563604 563604 13083609 1682188 1682188 14765797 12308934 0 12308934 1682188 1682188 13991122 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 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2025, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 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 NONDISCRIMINATORY POLICY IS POSTED ON THE HOME PAGE OF THE SCHOOL'S WEBSITE, AND IS ALSO INCLUDED IN BROCHURES. 1 FINANCIAL AID 71 1682188 FMV DIRECT CREDIT TO STUDENT ACCOUNT PART I, LINE 2: THE SAN FRANCISCO SCHOOL SUBSCRIBES TO THE CLARITY FINANCIAL INC. AFTER FAMILIES SUBMIT DETAILED FINANCIAL INFORMATION, CLARITY USES A PROPRIETARY METHODOLOGY TO RECOMMEND AN AMOUNT THAT EACH FAMILY CAN AFFORD FOR EDUCATIONAL EXPENSES. THE SCHOOL'S TUITION ASSISTANCE COMMITTEE, CONSISTING OF THE HEAD OF SCHOOL, CFOO, AND ADMISSIONS DIRECTOR, USES THIS FIGURE AS THE BASIS FOR DETERMINING THE FINANCIAL AWARD CALCULATION. X 1 0 X X X X X 0 0 0 0 0 0 0 0 0 JUNA KIM MCDAID HEAD OF SCHOOL / PRESIDENT 332097 0 0 0 83161 0 7252 0 32154 0 454664 0 0 0 FARNAZ DEVITT CFOO / TREASURER 204221 0 0 0 0 0 4660 0 9209 0 218090 0 0 0 STEWART DORSEY HEAD OF LOWER SCHOOL (AS OF 7/1/24) 161997 0 0 0 6083 0 12960 0 24890 0 205930 0 0 0 RAQUEL VIZCAINO RAMIREZ MIDDLE SCHOOL HEAD 174514 0 0 0 6083 0 3575 0 17977 0 202149 0 0 0 JENNIFER KEESE-POWELL DIRECTOR OF ADVANCEMENT 165482 0 0 0 0 0 14643 0 16518 0 196643 0 0 0 DANIEL MUNDA TEACHER / TRUSTEE 96170 0 0 0 0 0 8349 0 71090 0 175609 0 0 0 DOLORES ELKIN KINDERGARTEN TEACHER 137589 0 0 0 6083 0 10579 0 286 0 154537 0 0 0 PUI CHI NG CONTROLLER 134560 0 0 0 6083 0 10218 0 315 0 151176 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL RECEIVED A HOUSING ALLOWANCE, WHICH WAS INCLUDED IN REPORTABLE COMPENSATION ON SCHEDULE J, PART II, COLUMN B(III). A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 2010-12-29 4455000 BUILDING CONSTRUCTION PROJECT 0 0 0 A 1534616 4500000 181000 4319000 2012 0 0 1 1 A 0 0 0 0 0 0 1 A 1 PART I, LINE A, COLUMN F: ON DECEMBER 1, 2010, THE SAN FRANCISCO SCHOOL ENTERED INTO A LOAN AGREEMENT WITH FIRST REPUBLIC BANK AND CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY FOR A TAX-EXEMPT BANK LOAN OF $4.5MILLION TO FINANCE THE SCHOOL'S BUILDING CONSTRUCTION PROJECT. THE DIFFERENCE BETWEEN THE ISSUE PRICE AND THE TOTAL PROCEEDS OF ISSUE IS THE ORIGINAL DISCOUNT OF $45,000 WHICH HAS BEEN SET TO AMORTIZE OVER THE LIFE OF THE LOAN. IN FISCAL YEAR 2025, $179,836 OF PRINCIPAL WAS PAID. SINCE INCEPTION, $1,534,616 HAS BEEN PAID. 34595 TUITION ASSISTANCE TUITION ASSISTANCE 32452 TUITION ASSISTANCE TUITION ASSISTANCE 34898 TUITION ASSISTANCE TUITION ASSISTANCE X 20 129581 FMV X SPECIAL EVENT GIFTS AND TICKETS 8 5415 FMV 0 0 1 0 PART I, COLUMN (B): THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 6 ALL PARENTS OF CHILDREN ATTENDING THE SAN FRANCISCO SCHOOL ARE CONSIDERED MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A FAMILY MEMBERS OF THE CORPORATION ELECT THE FIFTEEN (15) CLASS A TRUSTEE SEATS FOR A THREE YEAR TERM. THE NOMINATING COMMITTEE OF THE BOARD DESIGNATES THREE (3) STAFF MEMBERS FOR THE CLASS B TRUSTEE SEATS, AND ONE ADDITIONAL CLASS B TRUSTEE SEAT IS THE HEAD OF SCHOOL. THE BOARD ELECTS SIX (6) CLASS C TRUSTEE SEATS FOR THE THREE YEAR TERM. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS MUST VOTE TO APPROVE (1) DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION, (2) A MERGER OR DISSOLUTION OF THE CORPORATION, AND (3) ANY AMENDMENT TO THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE TAX FORM 990 IS DRAFTED BY SAN FRANCISCO SCHOOL'S CONTROLLER IN COLLABORATION WITH THE SCHOOL'S ACCOUNTING FIRM. THE COMPLETED FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL AND OPERATIONAL OFFICER, HEAD OF SCHOOL, CHAIR OF FINANCE COMMITTEE AND BOARD CHAIR. A COPY OF THE FORM 990 EXCLUDING SCHEDULE B IS PROVIDED TO CLASS A AND CLASS C TRUSTEES PRIOR TO THE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SAN FRANCISCO SCHOOL'S BOARD OF TRUSTEES ENFORCES THE CONFLICT OF INTEREST POLICY IN THE FOLLOWING MANNER: (1) BOARD MEMBERS ANNUALLY REVIEW CONFLICT OF INTEREST POLICY AND FILL OUT CONFLICT OF INTEREST QUESTIONNAIRES (2) TRAIN NEW TRUSTEES ON CONFLICT OF INTEREST POLICY (3) START EVERY BOARD MEETING WITH REVIEW OF AGENDA AND CONFLICT CHECK (4) REVIEW CONFLICT OF INTEREST POLICY AND BY-LAWS REGULARLY FOR CONFLICT ISSUES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION TO THE HEAD OF SCHOOL AND OTHER KEY MANAGEMENT EMPLOYEES WAS BENCHMARKED TO OTHER K-8 INDEPENDENT SCHOOLS OF SIMILAR SIZE IN THE SAN FRANCISCO BAY AREA. DATA WAS USED FROM THREE DIFFERENT SOURCES, 1) FEDERAL FORM 990, 2) STATISTICS FROM NAIS (NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS) AND 3) STATISTICS FROM CAL-ISBOA (CALIFORNIA INDEPENDENT SCHOOLS BUSINESS OFFICERS ASSOCIATION). THE CLASS A AND CLASS C TRUSTEES APPROVE THE CONTRACT FOR THE HEAD OF SCHOOL. ALL OTHER HIGHER LEVEL EMPLOYEE COMPENSATION IS APPROVED BY THE HEAD OF SCHOOL, WITH A REVIEW ANNUALLY BY A COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE ALL MADE AVAILABLE TO THE PUBLIC UPON REQUEST ARE IMMEDIATELY SUPPLIED FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D).