Civic Intelligence

Presidio Hill School

990 • Fiscal year 2014 • EIN 94-1201211

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 11, 2015

3839 Washington Street94118

(415) 751-9318

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.79x

Higher debt load relative to assets than 86% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

87th percentile

1.86x

Higher debt load relative to revenue than 87% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

76th percentile

17%

Higher net margin than 76% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

71st percentile

$246,703

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

69th percentile

9.2%

Faster asset growth than 69% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$16,300,934

Up $1,378,415 (+9.2%) from 2013

Net Assets

Up

$3,455,996

Up $1,164,491 (+51%) from 2013

Liabilities

Up

$12,844,938

Up $213,924 (+1.7%) from 2013

Revenue

$6,894,782

No earlier filing loaded for comparison.

Expenses

Up

$5,730,290

Up $258,923 (+4.7%) from 2013

Net Income

$1,164,492

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $13,613,315Liabilities 2011: $12,002,609Net Assets 2011: $1,610,7062011Assets 2012: $14,320,775Liabilities 2012: $12,604,222Net Assets 2012: $1,716,5532012Assets 2013: $14,922,519Liabilities 2013: $12,631,014Net Assets 2013: $2,291,5052013Assets 2014: $16,300,934Liabilities 2014: $12,844,938Net Assets 2014: $3,455,9962014Assets 2015: $20,998,205Liabilities 2015: $13,063,516Net Assets 2015: $7,934,6892015Assets 2016: $21,125,698Liabilities 2016: $12,982,025Net Assets 2016: $8,143,6732016Assets 2017: $20,846,976Liabilities 2017: $12,661,493Net Assets 2017: $8,185,4832017Assets 2018: $21,346,347Liabilities 2018: $12,378,892Net Assets 2018: $8,967,4552018Assets 2019: $22,861,446Liabilities 2019: $12,581,690Net Assets 2019: $10,279,7562019Assets 2020: $22,873,885Liabilities 2020: $12,372,711Net Assets 2020: $10,501,1742020Assets 2021: $22,451,927Liabilities 2021: $11,667,425Net Assets 2021: $10,784,5022021Assets 2022: $22,569,699Liabilities 2022: $11,664,889Net Assets 2022: $10,904,8102022Assets 2023: $24,170,931Liabilities 2023: $12,467,968Net Assets 2023: $11,702,9632023Assets 2024: $22,502,524Liabilities 2024: $11,820,273Net Assets 2024: $10,682,2512024Assets 2025: $21,324,918Liabilities 2025: $11,402,996Net Assets 2025: $9,921,9222025

Highlighted filing

2014

Assets$16,300,934
Liabilities$12,844,938
Net Assets$3,455,996

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $4,848,1272011Expenses 2012: $5,260,8502012Expenses 2013: $5,471,3672013Revenue 2014: $6,894,782Expenses 2014: $5,730,290Net Income 2014: $1,164,4922014Revenue 2015: $10,686,104Expenses 2015: $6,207,411Net Income 2015: $4,478,6932015Revenue 2016: $6,872,934Expenses 2016: $6,663,950Net Income 2016: $208,9842016Revenue 2017: $7,193,453Expenses 2017: $7,151,643Net Income 2017: $41,8102017Revenue 2018: $8,009,575Expenses 2018: $7,227,603Net Income 2018: $781,9722018Revenue 2019: $9,108,496Expenses 2019: $7,796,195Net Income 2019: $1,312,3012019Revenue 2020: $8,511,521Expenses 2020: $8,289,608Net Income 2020: $221,9132020Revenue 2021: $9,194,725Expenses 2021: $8,911,397Net Income 2021: $283,3282021Revenue 2022: $10,288,141Expenses 2022: $9,930,070Net Income 2022: $358,0712022Revenue 2023: $11,013,574Expenses 2023: $10,273,815Net Income 2023: $739,7592023Revenue 2024: $9,721,312Expenses 2024: $10,780,260Net Income 2024: -$1,058,9482024Revenue 2025: $10,092,941Expenses 2025: $10,914,544Net Income 2025: -$821,6032025

Highlighted filing

2014

Revenue$6,894,782
Expenses$5,730,290
Net Income$1,164,492
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 11, 2015
Return Version
2013v4.0
Gross Receipts
$6,933,493
Mission and Program Overview

Mission

Presidio hill school is a co-ed k-8 independent, progressive school. Learning is collaborative and an active experience with an emphasis on inquiry. Students are engaged in their own learning and guided by an expert faculty through a challenging and integrated academic program that inspires curiosity and critical thinking.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,988,371$12,281,808▲ $293,437
Loans From Officers Directors$6,500,000$6,500,000→ $0
Cash and Non-Interest-Bearing Accounts$2,161,908$3,233,731▲ $1,071,823
Savings and Temporary Cash Investments$531,705$531,728▲ $23
Prepaid Expenses and Deferred Charges$205,750$216,751▲ $11,001
Accounts Receivable$34,784$36,916▲ $2,132
Total Assets$14,922,518$16,300,934▲ $1,378,416
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,392,251$3,278,869▼ $113,382
Deferred Revenue$2,726,514$3,028,152▲ $301,638
Accounts Payable and Accrued Expenses$12,249$37,917▲ $25,668
Total Liabilities$12,631,014$12,844,938▲ $213,924
Net Assets / Fund Balance
Unrestricted Net Assets$1,749,194$1,906,009▲ $156,815
Temporarily Rstr Net Assets$531,856$1,539,533▲ $1,007,677
Permanently Rstr Net Assets$10,454$10,454→ $0
Total Net Assets Fund Balance$2,291,504$3,455,996▲ $1,164,492
Total Liabilities and Net Assets / Fund Balance$14,922,518$16,300,934▲ $1,378,416

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,113,561$3,439,833$15,553,394
Equipment$87,224$648,115$735,339
Land$75,000-$75,000
Other Land Buildings$6,023$55,587$61,610

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$95,650-▲ $439$439$95,650
2012$95,650-▲ $255$255$95,650
2011$106,650-▲ $299$11,299$95,650
2010$106,650-▲ $1,938$1,938$106,650
2009$106,650-▲ $2,431$2,431$106,650
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott DuyanHead of SchoFT$208,518$38,185$246,703
Scott DuyanHead of School-$208,518$38,185$246,703
Lisa JeliAsst Head ofFT$105,527$17,007$122,534
Lynda Sanjurjo-rutterDirector ofFT$100,872$11,666$112,538
Nick MartinMemberFT$54,000$6,916$60,916
Elizabeth HerrickMemberFT$33,760$6,948$40,708

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Pfau Long ArchitectureArchitectual-$263,481
Revenue and Support

Revenue Composition

Contributions and Grants
$1,431,288
Program Service Revenue
$5,204,701
Investment Income
$30,474
Other Revenue
$228,319
All Other Contributions
$1,421,188
Change in Net Assets
$1,164,492

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,933,493
Revenue Not Reported on Financial Statements
$-38,711
Revenue Not Reported on Form 990
$-765,177
Other Revenue Adjustments
$-38,711
Total Revenue per Audited Statements
$6,168,316
Total Revenue per Form 990
$6,894,782
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,376,546
Other Expenses$1,588,567
Grants and Similar Amounts Paid$765,177
Total Fundraising Expense$88,796
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,793,690$434,300$65,145$2,293,135
Grants to Domestic Individuals$765,177--$765,177
Current Officers, Directors, Trustees, and Key Employees$501,405--$501,405
Depreciation Depletion$324,323$13,513-$337,836
Other Employee Benefits$214,904$51,686$5,441$272,031
Payroll Taxes$172,892$38,901$4,322$216,115
Fees for Services Other$150,515$53,608$2,061$206,184
Interest$178,872$9,414-$188,286
Office Expenses$89,724$29,908$4,985$124,617
Pension Plan Contributions$75,088$16,895$1,877$93,860
Other Expenses$70,852$8,818$2,955$70,852
All Other Expenses$43,922$10,563$1,112$55,597
Information Technology$37,263$15,220-$52,483
Occupancy$38,193--$38,193
Advertising$9,654$11,899$898$22,451
Fees for Services Accounting$10,063$10,062-$20,125
Fees for Services Legal-$599-$599
Total Functional Expenses$4,875,189$766,305$88,796$5,730,290

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,730,290
Total Expenses per Audited Statements$5,003,824
Expenses per Audited Statements$4,965,113
Expenses Not Reported on Financial Statements$765,177
Other Expense Adjustments$765,177
Expenses Not Reported on Form 990$38,711
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$127,659
Fundraising Direct Expenses$38,711
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$92,231$82,131$7,667$74,464
Event 2$37,691$37,691$2,792$34,899
Total Events$137,759$127,659$38,711$88,948
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$6,500,000$6,500,000→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 is reviewed by select members of the finance committee, and is made available for review by all board members during a second scheduled board meeting. Board members are given the opportunity to ask questions or comment on the content of the form and such comments and questions are captured in the board minutes.

Form 990, Page 6, Part VI, Line 12C

A conflict of interest may be considered to exist in those instances where the actions or activities of an individual on behalf of the school also involve (a) obtaining of an improper personal gain or advantage; (b) an adverse effect on the school's interests, or (c) the obtaining by a third party of an improper gain or advantage. Disclosure should be made in writing to the head of school and board chair as soon as knowledge of the potential conflict of interest arises. Any member of the school's board who has potential conflict of interest in a specific action of the board under consideration at a meeting is expected to remove themselves from any influence on such action. The school will require all trustees and officers to annually review and adhere to this policy and to complete and sign a confidential conflict of interest statement and return it to the board chair. The board chair will report to the execuive committee based on the disclosure of the forms submitted. Trustees should amend their statement if circumstances arise during the year.

Form 990, Page 6, Part VI, Line 15A

The executive committee of the board of trustees negotiates the employment contract with the board chair, head of school, or director of finance and operations.

Form 990, Page 6, Part VI, Line 15B

The executive committee of the board of trustees negotiates the employment contract with the board chair, head of school, or director of finance and operations.

Form 990, Page 6, Part VI, Line 19

All documents are available upon request to the board chair, head of school, or director of finance and operations.

Filing and Contact Details

Filer

EIN
94-1201211
Phone
4157519318

Signing Officer

Name
Tony Morgan
Title
Director of Finance
Phone
4157519318
Signed
2015-02-11
Discuss with paid preparer
Yes

Organization Details

Formed
1918
Legal Domicile
CA
Voting Board Members
18
Independent Board Members
14
Employees
62

Preparer

Preparer
Wade Mcmullen CPA
Phone
6268577300
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Presidio hill school is a co-ed k-8 independent, progressive school. Learning is collaborative and an active experience with an emphasis on inquiry. Students are engaged in their own learning and guided by an expert faculty through a challenging and integrated academic program that inspires curiosity and critical thinking.

Form 990, Part XI, Line 9

Scholarships and tuition assistance -765,177 fundraising expenses 38,711 fundraising expenses -38,711 scholarships and tuition assistance 765,177

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The school's endowment consists of funds established for a variety of purposes.

Schedule D, Page 3, Part X

The school is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code and section 23701d of the california franchise tax board code; accordingly, no provision for income taxes has been recorded in the financial statements. The school has evaluated its tax positions and the certainty as to whether those positions will be sustained in the event of an audit by taxing authorities at the federal and state levels. The primary tax positions evaluated are related to the school's continued qualification as a tax-exempt organization and whether there are unrelated business income activities conducted that would be taxable. Management has determined that all income tax positions are more likely than not of being sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required. The school files informational returns in the u.s. Federal jurisdiction and the state of california. The statute of limitations for federal and california state purposes is generally three and four years, respectively.

Schedule D, Page 4, Part XI, Line 2D

Scholarships and tuition assistance -765,177

Schedule D, Page 4, Part XI, Line 4B

Fundraising expenses -38,711

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses 38,711

Schedule D, Page 4, Part XII, Line 4B

Scholarships and tuition assistance 765,177

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$21.3$11.4$9.92$10.1$10.9$0.82
2024Detailed filing. Detailed filing data is available for this year.$22.5$11.8$10.7$9.72$10.8$1.06
2023Detailed filing. Detailed filing data is available for this year.$24.2$12.5$11.7$11.0$10.3$0.74
2022Detailed filing. Detailed filing data is available for this year.$22.6$11.7$10.9$10.3$9.93$0.36
2021Detailed filing. Detailed filing data is available for this year.$22.5$11.7$10.8$9.19$8.91$0.28
2020Detailed filing. Detailed filing data is available for this year.$22.9$12.4$10.5$8.51$8.29$0.22
2019Detailed filing. Detailed filing data is available for this year.$22.9$12.6$10.3$9.11$7.80$1.31
2018Detailed filing. Detailed filing data is available for this year.$21.3$12.4$8.97$8.01$7.23$0.78
2017Detailed filing. Detailed filing data is available for this year.$20.8$12.7$8.19$7.19$7.15$0.04
2016Detailed filing. Detailed filing data is available for this year.$21.1$13.0$8.14$6.87$6.66$0.21
2015Detailed filing. Detailed filing data is available for this year.$21.0$13.1$7.93$10.7$6.21$4.48
2014Detailed filing. Detailed filing data is available for this year.$16.3$12.8$3.46$6.89$5.73$1.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.9$12.6$2.29$5.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.3$12.6$1.72$5.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.6$12.0$1.61$4.85
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $10M-$25M nonprofits