2026-07-15T17:25:20-04:00 2025-08-31 HOLTHOUSE CARLIN & VAN TRIGT LLP 15760 VENTURA BLVD SUITE 1700 ENCINO CA 91436 990 2024-09-01 954823704 SIERRA CANYON SCHOOL % RICHARD SHAPIRO SIER 8188828121 11052 INDEPENDENCE AVENUE CHATSWORTH CA 91311 RICHARD SHAPIRO CFO 8188828121 2026-07-15 true true NORMAN J TAMKIN P00230294 8188493140 2026-07-15 2024 2025-03-06 01:10:19Z RICHARD SHAPIRO 11052 INDEPENDENCE AVENUE CHATSWORTH CA 91311 65435335 false X SIERRACANYONSCHOOL.ORG X 2000 CA TO PROVIDE ELEMENTARY THROUGH HIGH SCHOOL EDUCATION 25 25 409 12 0 12405378 8084447 56412561 57602275 -979177 -526012 -24374 -77624 67814388 65083086 8543631 9407380 0 0 27854415 30117144 0 0 1287470 24041404 23567903 60439450 63092427 7374938 1990659 103805085 119125007 76472833 87521326 27332252 31603681 TO PROVIDE ELEMENTARY THROUGH HIGH SCHOOL EDUCATION false false 52707907 9407380 57602275 LOCATED IN CHATSWORTH, CALIFORNIA, THE FOUNDATION RUNS A PRIVATE SCHOOL PROVIDING EDUCATION TO STUDENTS FROM EARLY KINDERGARTEN TO 12TH GRADE. INCOME IS DERIVED FROM TUITION, FEES, CONTRIBUTIONS, AND FUNDRAISING. 52707907 true true false false false false false false true false true false false true true false true false true false false false false false true false false false true true true false false false false false false false true true true true false false false false false false false false true 134 0 409 true false false false false false true true false false false false false false false X 25 25 true false false false false false false true true false false true true true true true true true true false CA X RICHARD SHAPIRO 8188828121 11052 INDEPENDENCE AVENUE CHATSWORTH CA 91311 JAMES SKRUMBIS PRESIDENT & CEO 40.0 0.0 X X 498500 0 58841 RICHARD SHAPIRO TRUSTEE/CFO/COO 40.0 0.0 X X 308430 0 83163 STEPHANIE RUBIN UPPER SCHOOL DIRECTOR 40.0 0.0 X 197974 0 63870 JONATHAN ELLINGHOUSE HEAD OF ATHLETICS 40.0 0.0 X 201807 0 53507 JASON S MILLER DIRECTOR OF OPERATIONS 40.0 0.0 X 196108 0 44185 STEPHEN R BURNETT DIRECTOR OF STUDENT ADVANCEMEN 40.0 0.0 X 186817 0 31503 KRISTINE THEODORATOS DIRECTOR LOWER SCHOOL 40.0 0.0 X 150433 0 61387 LINDSAY LOTTATI MIDDLE SCHOOL DIRECTOR 40.0 0.0 X 183358 0 26984 TOM KELLER DIRECTOR OF STUDIES 40.0 0.0 X 163466 0 39628 STEVE FAZIO TRUSTEE 1.0 0.0 X 0 0 0 BARRY BROOKER TRUSTEE 1.0 0.0 X 0 0 0 DR VIMAL LALA TRUSTEE 1.0 0.0 X 0 0 0 STEVEN KONSKER TRUSTEE 1.0 0.0 X 0 0 0 MICK HORWITZ TRUSTEE 1.0 0.0 X 0 0 0 DIEDRE DELANY TRUSTEE 1.0 0.0 X 0 0 0 HOWARD WANG TRUSTEE 1.0 0.0 X 0 0 0 MURAD SIAM TRUSTEE 1.0 0.0 X 0 0 0 ROLAND TELLIS TRUSTEE 1.0 0.0 X 0 0 0 JONAS CEDERGREN TRUSTEE 1.0 0.0 X 0 0 0 RAINBOW LUO TRUSTEE 1.0 0.0 X 0 0 0 SUSAN MOSELEY TRUSTEE 1.0 0.0 X 0 0 0 CLARE DAVIS TRUSTEE 1.0 0.0 X 0 0 0 RAMI HADDAD TRUSTEE 1.0 0.0 X 0 0 0 CYRUS NIKOU TRUSTEE 1.0 0.0 X 0 0 0 JEANINE SMITH TRUSTEE 1.0 0.0 X 0 0 0 ANDREW THAU TRUSTEE 1.0 0.0 X 0 0 0 AGATA EVEREST TRUSTEE 1.0 0.0 X 0 0 0 MATTHEW HEYN TRUSTEE 1.0 0.0 X 0 0 0 ELIZABETH HOWARD TRUSTEE 1.0 0.0 X 0 0 0 NANCY POWER TRUSTEE 1.0 0.0 X 0 0 0 RAHIM THOBANI TRUSTEE 1.0 0.0 X 0 0 0 2086893 0 463068 9 true true false DEL AMO CONSTRUCTION INC 23840 MADISON STREET TORRANCE CA 90505 CONSTRUCTION 240049 HANA LANDSCAPING 1722 PALISADES DRIVE PACIFIC PALISADES CA 90272 LANDSCAPING 188638 PARALLAX ASSOCIATES INC 5765 UPLANDER WAY CULVER CITY CA 90230 ARCHITECT 1110306 MARK EPSTEIN 1543 RAMBLING ROAD SIMI VALLEY CA 93065 CONSTRUCTION 172514 4 X 145205 7939242 269323 8084447 EDUCATIONAL TUITION & FEES 611600 50837744 50837744 CAMP INCOME 611600 2944526 2944526 PROGRAM ACTIVITIES 611600 1341290 1341290 FIELD TRIP INCOME 611600 737074 737074 LUNCH PROGRAM 611600 1351196 1351196 390445 390445 57602275 117451 117451 0 0 0 0 0 -643463 274625 145205 352249 -77624 -77624 0 0 0 0 0 0 0 65083086 57602275 39827 X 0 9407380 9407380 0 0 2867337 2293870 487447 86020 0 18798318 15038654 3195714 563950 702654 562123 119451 21080 6133653 4906922 1042721 184010 1615182 1292146 274581 48455 0 30770 22154 8616 93970 67658 26312 0 0 0 0 19366 3873 968 14525 291262 209710 81552 448255 322744 125511 0 95713 76570 19143 0 0 0 1907530 1526024 381506 0 4818460 3854768 963692 980247 784198 196049 ADMISSION & INSTITUTIONAL ADVA 238111 47622 11906 178583 ATHLETIC PROGRAM 1552471 1397224 155247 BANK AND CREDIT CARD CHARGES 168576 151718 8429 8429 CAMP EXPENSES 2058170 1852353 205817 10865002 8890196 1792388 182418 63092427 52707907 9097050 1287470 X 8455785 10351498 5555048 7249354 0 0 7927633 11047881 0 0 0 0 0 0 0 0 1006085 800664 121968661 49198440 72043233 72770221 2668217 3266796 0 0 0 0 2716779 2144825 3432305 11493768 103805085 119125007 3752711 6224182 0 0 28250682 30705683 43932546 49170359 10226 10226 0 0 476412 276159 0 0 50256 1134717 76472833 87521326 X 19532855 18076991 7799397 13526690 27332252 31603681 103805085 119125007 1990659 780770 1500000 X false true X true false X 4691240 2240317 3683645 12405378 8084447 31105027 0 0 4691240 2240317 3683645 12405378 8084447 31105027 0 31105027 1758 4712 81547 87076 117451 292544 0 39951 176338 212436 287312 274625 990662 32388233 257270952 0.96038 0.96194 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 21536612 21536612 90836000 40459103 50376897 2500 2500 8739533 7946540 792993 854016 790297 63719 72770221 RESTRICTED CASH (BOND FUNDS) 7245914 OTHER ASSET 16916 ACCRUED GAIN - INT RATE SWAP 3012461 ROU ASSET 100512 OPERATING LEASE ROU ASSET 1117965 11493768 0 LEASE LIABILITY 16752 OPERATING LEASE LIABILITY 1117965 1134717 56808725 780770 780770 56027955 9055131 9055131 65083086 54037296 54037296 9055131 9055131 63092427 SCHEDULE D, PART IV, LINE 2B - EXPLANATION OF ESCROW ACCOUNT LIABILITY THE ORGANIZATION ACTS AS TREASURER FOR JOINT FUNDS HELD FOR VARIOUS SCHOOLS TO PAY OFFICIALS FOR ATHLETIC EVENTS. THE AMOUNT OF FUNDS HELD AS OF AUGUST 31, 2025 WAS $10,226. SCHEDULE D, PART X - FIN 48 FOOTNOTE THE FOUNDATION HAS ADOPTED THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ACCOUNTING STANDARDS WHICH CLARIFIES THE ACCOUNTING AND RECOGNITION FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE FOUNDATION'S INCOME TAX RETURNS. THE FOUNDATION DOES NOT HAVE ANY INCOME WHICH MANAGEMENT BELIEVES WOULD SUBJECT THE FOUNDATION TO UNRELATED BUSINESS INCOME TAXES. THE FOUNDATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THERE ARE NO EXAMINATIONS CURRENTLY PENDING. SCHEDULE D, PART XI, LINE 4B BOOK ITEMS RECLASSED TO EXPENSES ON TAX RETURN: FINANCIAL AID NETTED WITH TUITION ON FINANCIAL STMT.......9,407,380 DIRECT COSTS RECLASSED TO FUNDRAISING ON TAX RETURN.......<352,249> SCHEDULE D, PART XII, LINE 4B BOOK ITEMS RECLASSED FROM INCOME TO EXPENSE ON TAX RETURN: FINANCIAL AID NETTED WITH TUITION ON FINANCIAL STMT.......9,407,380 DIRECT COSTS RECLASSED TO FUNDRAISING ON TAX RETURN........<352,249> true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3 - RACIALLY NONDISCRIMINATORY POLICY PUBLICIZED SIERRA CANYON HIGH SCHOOL FOUNDATION CUSTOMARILY DRAWS SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM A WORLD WIDE GEOGRAPHIC SECTION AND FROM THE LOCAL COMMUNITY. THE SCHOOL CURRENTLY ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS. AS ALLOWED BY REV PROC 75-50 1975-2 C.B. 587, THE SCHOOL SATISFIES THE PUBLICITY REQUIREMENTS BY INCLUDING ITS RACIALLY NONDISCRIMINATORY POLICY AS TO ITS STUDENTS IN ALL ITS BROCHURES AND CATALOGUES DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS. PTA FUNDRAISING 224269 145205 79064 172640 CARNIVAL 195561 195561 179609 0 0 0 0 419830 145205 274625 352249 352249 -77624 true FINANCIAL AID 347 9407380 PART I, LINE 2 - PROCEDURES FOR MONITORING USE OF GRANT FUNDS IN U.S. FUNDS ARE USED TO OFFSET THE COSTS OF EDUCATION AND ARE NOT DISTRIBUTED DIRECTY TO THE RECIPIENTS. X true true X X X X false false false false false false false false false JAMES SKRUMBIS PRESIDENT & CEO 408500 0 90000 21500 37341 557341 STEPHEN R BURNETT DIRECTOR OF STUDENT ADVANCEMEN 186817 0 0 14507 16996 218320 JASON S MILLER DIRECTOR OF OPERATIONS 196108 0 0 10890 33295 240293 TOM KELLER DIRECTOR OF STUDIES 163466 0 0 9121 30507 203094 RICHARD SHAPIRO TRUSTEE/CFO/COO 308430 0 0 30500 52663 391593 KRISTINE THEODORATOS DIRECTOR LOWER SCHOOL 150433 0 0 8929 52458 211820 STEPHANIE RUBIN UPPER SCHOOL DIRECTOR 197974 0 0 11332 52538 261844 LINDSAY LOTTATI MIDDLE SCHOOL DIRECTOR 183358 0 0 9988 16996 210342 JONATHAN ELLINGHOUSE HEAD OF ATHLETICS 201807 0 0 23000 30507 255314 Schedule J, Part II, Line 2 A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY(2017B) 352273601 2017-05-25 8025000 CONSTRUCTION OF HIGH SCHOOL false false false B CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY(2021A) 352273601 2021-12-14 30500000 CONSTRUCTION OF HIGH SCHOOL false false false C CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY(2021B) 352273601 2021-12-14 13000000 CONSTRUCTION OF HIGH SCHOOL false false false D CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY(2025) 352273601 2025-07-15 7000000 CONSTRUCTION OF HIGH SCHOOL false false false A 0 0 8025000 0 0 8025000 0 0 0 0 0 0 false false true true B 0 0 30500000 0 0 0 29970096 529904 0 0 0 0 false false true true C 0 0 13000000 0 0 12774320 225680 0 0 0 0 0 false false true true D 0 0 7000000 0 0 6764318 235682 0 0 0 0 0 false false true true A false false false false 0 false false false B false false false false 0 false false false C false false false false 0 false false false D false false false false 0 false false false A false false false 0 false 0 false false B false false false 0 false 0 false false C false false false 0 false 0 false false D false false false 0 false 0 false false A true B true C true D true 0 X 14 269323 FMV false false true SCHEDULE M, PART I, LINE 32 MORGAN STANLEY FINANCIAL INSTITUTION WAS USED TO SELL DONATED STOCK. SCHEDULE M, PART I, COLUMN (B) CONTRIBUTIONS ARE REPORTED AS THE NUMBER OF CONTRIBUTIONS MADE. FORM 990, PART VI, LINE 2-RELATIONSHIP OF OFFICERS, DIRECTORS,ETC ADAM HORWITZ, DEAN OF STUDENTS, HAS A FAMILY RELATIONSHIP WITH STEPHEN HORWITZ, BOARD MEMBER. JAMES SKRUMBIS, PRESIDENT, HAS A FAMILY RELATIONSHIP DINA SKRUMBIS, DIRECTOR OF ADMISSION PRE-K-6 FORM 990, PART VI, LINE 11B - FORM 990 REVIEW PROCESS FORM 990 IS REVIEWED BY THE CEO AND DIRECTOR OF FINANCE. THE RETURN IS ALSO REVIEWED BY THE FINANCE COMMITTEE. FORM 990, PART VI, LINE 12C-MONITORING & ENFORCEMENT OF CONFLICTS ON GOING REVIEW IS CONDUCTED BY THE BOARD OF TRUSTEES. ALL OFFICERS, DIRECTORS AND EMPLOYEES ARE COVERED BY THE POLICY THE CHIEF EXECUTIVE OFFICER DETERMINES WHETHER A POTENTIAL CONFLICT OF INTEREST EXISTS AND REMITS IT TO THE BOARD FOR REVIEW. THE PERSON WITH THE CONFLICT IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF THE TRANSACTION. FORM 990, PART VI, LINE 15A-COMPENSATION & APPROVAL PROCESS-CEO&TOP MANAGE THE COMPENSATION COMMITTEE REVIEWS THE COMPENSATION OF THE PRESIDENT AND MAKES RECOMMENDATIONS TO THE BOARD OF TRUSTEES. THE COMMITTEE USES COMPARABLE DATA IN ITS REVIEW. THE REVIEW PROCESS AND DECISION IS CONTEMPORANEOUSLY DOCUMENTED. THE BOARD OF TRUSTEES GIVES FINAL APPROVAL OF THE COMPENSATION. FORM 990, PART VI, LINE 15B-COMPENSATION REVIEW & APPROVAL PROCESS-OFFICER THE COMPENSATION OF KEY EMPLOYEES IS DETERMINED BY THE CEO AND APPROVED BY THE PRESIDENT AND COMPENSATION COMMITTEE. COMPARABLE DATA FROM OTHER PRIVATE SCHOOLS IN THE LOS ANGELES AREA IS USED IN THE DETERMINATION. THE DETERMINATION OF THE SALARIES IS COMTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, LINE 19-OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 10-ACCRUED GAIN THE AUDITED FINANCIAL STATEMENTS REPORT AN ACCRUED GAIN OF $780,770 FOR THE YEAR ENDING 8/31/2025. FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:DEPARTMENT EXPENSES TOTAL EXPENSES:1385130 PROGRAM SERVICES:1108104 MANAGEMENT AND GENERAL:277026 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:COMMUNITY OUTREACH TOTAL EXPENSES:46580 PROGRAM SERVICES:9316 MANAGEMENT AND GENERAL:2329 FUNDRAISING:34935 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:EQUIPMENT LEASE TOTAL EXPENSES:200796 PROGRAM SERVICES:160637 MANAGEMENT AND GENERAL:40159 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:EVENTS EXPENSE TOTAL EXPENSES:196509 PROGRAM SERVICES:39302 MANAGEMENT AND GENERAL:9825 FUNDRAISING:147382 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:FIELD TRIPS TOTAL EXPENSES:602536 PROGRAM SERVICES:542282 MANAGEMENT AND GENERAL:60254 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:FOOD SERVICES TOTAL EXPENSES:1556663 PROGRAM SERVICES:1400997 MANAGEMENT AND GENERAL:155666 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:FOREIGN STUDENTS PROGRAM TOTAL EXPENSES:700901 PROGRAM SERVICES:630811 MANAGEMENT AND GENERAL:70090 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PROPERTY AND MAINTENANCE TOTAL EXPENSES:3372896 PROGRAM SERVICES:2698317 MANAGEMENT AND GENERAL:674579 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PROGRAM DEVELOPMENT TOTAL EXPENSES:170748 PROGRAM SERVICES:122939 MANAGEMENT AND GENERAL:47809 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:SMART TUITION TOTAL EXPENSES:55573 PROGRAM SERVICES:55573 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:OTHER STUDENT ACTIVITIES TOTAL EXPENSES:364420 PROGRAM SERVICES:327978 MANAGEMENT AND GENERAL:36442 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PROPERTY TAXES TOTAL EXPENSES:88692 PROGRAM SERVICES:70954 MANAGEMENT AND GENERAL:17738 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PROVISION FOR DOUBTFUL ACCOUNT TOTAL EXPENSES:349121 PROGRAM SERVICES:251367 MANAGEMENT AND GENERAL:97754 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:RECRUITING TOTAL EXPENSES:66295 PROGRAM SERVICES:47732 MANAGEMENT AND GENERAL:18563 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:TRANSPORTATION TOTAL EXPENSES:981108 PROGRAM SERVICES:882997 MANAGEMENT AND GENERAL:98111 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PROFESSIONAL DEVELOPMENT TOTAL EXPENSES:3351 PROGRAM SERVICES:2680 MANAGEMENT AND GENERAL:570 FUNDRAISING:101 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:AMORTIZATION TOTAL EXPENSES:571955 PROGRAM SERVICES:428966 MANAGEMENT AND GENERAL:142989 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:OPERATING EXPENSES TOTAL EXPENSES:151728 PROGRAM SERVICES:109244 MANAGEMENT AND GENERAL:42484