Sierra Canyon School

“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 is reviewed by the ceo and director of finance. The return is also reviewed by the finance committee.”

“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.”

“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.”

“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.”

“The governing documents, conflict of interest policy, and financial statements are made available upon request.”

“The audited financial statements report an accrued gain of $875,328 for the year ending 8/31/2024.”

“Description:department expenses total expenses:2079880 program services:1663904 management and general:415976”

“Description:community outreach total expenses:110131 program services:38546 management and general:11013 fundraising:60572”

“Description:equipment lease total expenses:187923 program services:140942 management and general:46981”

“Description:events expense total expenses:164209 program services:57473 management and general:16421 fundraising:90315”

“Description:field trips total expenses:817976 program services:736178 management and general:81798”

“Description:food services total expenses:1489781 program services:1340803 management and general:148978”

“Description:foreign students program total expenses:767950 program services:691155 management and general:76795”

“Description:property and maintenance total expenses:3887147 program services:2915360 management and general:971787”

“Description:program development total expenses:136848 program services:98531 management and general:38317”

“Description:smart tuition total expenses:74010 program services:74010”

“Description:other student activities total expenses:243146 program services:218831 management and general:24315”

“Description:property taxes total expenses:77689 program services:58267 management and general:19422”

“Description:provision for doubtful account total expenses:63188 program services:45495 management and general:17693”

“Description:recruiting total expenses:58827 program services:42355 management and general:16472”

“Description:transportation total expenses:953729 program services:858356 management and general:95373”

“Description:professional development total expenses:3615 program services:2892 management and general:615 fundraising:108”

“Description:amortization total expenses:571955 program services:428966 management and general:142989”