2024-07-15T13:09:11-05:00 2023-08-31 750786316 WEAVER AND TIDWELL LLP 2300 N FIELD ST STE 1000 DALLAS TX 75201 990 2022-09-01 200033926 WESTLAKE ACADEMY FOUNDATION WEST 8174905722 2600 JT OTTINGER ROAD WESTLAKE TX 76262 DR SHELLY MYERS EXECUTIVE DIRECTOR 8174905722 2024-07-12 1 DR SHELLY MYERS 999009999 1 KIRBY ROSS P00298143 9724901970 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR SHELLY MYERS 2600 JT OTTINGER ROAD WESTLAKE TX 76262 1992092 0 X WESTLAKEACADEMYFOUNDATION.ORG X 2003 TX TO PROVIDE FINANCIAL SUPPORT FOR WESTLAKE ACADEMY IN ITS EFFORTS TO ACHIEVE ACADEMIC EXCELLENCE IN DEVELOPING RESPONSIBLE, GLOBAL, LIFELONG LEARNERS. 11 11 0 90 0 0 1191598 652584 1159868 1220566 177195 31608 -190165 -77101 2338496 1827657 2254045 1532696 0 0 0 0 0 0 4055 81587 76348 2335632 1609044 2864 218613 2748901 3284208 6895 181144 2742006 3103064 TO PROVIDE FINANCIAL SUPPORT FOR WESTLAKE ACADEMY IN ITS EFFORTS TO PROVIDE STUDENTS WITH AN INTERNATIONALLY-MINDED EDUCATION OF THE HIGHEST QUALITY, SO THEY ARE WELL-BALANCED AND RESPECTFUL LIFE-LONG LEARNERS. 0 0 1532696 1532696 1220566 PROVIDE "ABOVE AND BEYOND" SUPPORT FOR ACTIVITIES AND INITIATIVES OF THE ACADEMY OUTSIDE OF THE ANNUAL BUDGET. GRANTS HAVE FUNDED NEW CURRICULUM PROGRAMS, CLASSROOM PROJECTS, NEW EQUIPMENT, RETENTION/RECRUITING INCENTIVES, SMARTBOARDS AND PROFESSIONAL DEVELOPMENT/TRAINING. 1532696 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X DR SHELLY MYERS 8174905722 2600 J T OTTINGER ROAD WESTLAKE TX 76262 X TIFFANY HERNANDEZ DIRECTOR 2.00 X 0 0 0 MICHAEL COLBY DIRECTOR 2.00 X 0 0 0 LILLY JIMENEZ DIRECTOR 2.00 X 0 0 0 DEBBIE KRASKA DIRECTOR 2.00 X 0 0 0 HEATHER KILGORE DIRECTOR 2.00 X 0 0 0 ROB FITZGERALD DIRECTOR 2.00 X 0 0 0 SHARAN SANKARANARAYANAN DIRECTOR 2.00 X 0 0 0 PATTY PINSONNAULT DIRECTOR 2.00 X 0 0 0 CHRISTINE ROSS PRESIDENT 5.00 X X 0 0 0 MEGHAN DORR VICE PRESIDENT 2.00 X X 0 0 0 DR AHU PRIMEAUX SECRETARY 2.00 X X 0 0 0 SEAN SHOPE TREASURER 2.00 X X 0 0 0 0 0 0 0 0 0 0 0 355150 297434 7739 652584 BLACKSMITH ANNUAL PROG 900099 1220566 1220566 1220566 74352 74352 4550 47294 -42744 -42744 -42744 40040 355150 117141 -77101 -77101 1827657 1220566 0 -45493 1532696 1532696 27314 27314 119 119 19266 19266 856 856 CREDIT CARD/BANK FEES 21315 17260 4055 MISCELLANEOUS EXPENSES 7478 7478 1609044 1532696 72293 4055 585129 978715 4141 7967 2159631 2297526 2748901 3284208 6895 3341 177803 6895 181144 X 2444007 2785255 297999 317809 2742006 3103064 2748901 3284208 218613 142445 0 X X 0 1 X 1 0 X 1748516 1053311 989392 1191598 692624 5675441 1748516 1053311 989392 1191598 692624 5675441 246475 5428966 78048 68073 49924 115356 74352 385753 41700 37150 31350 110200 6171394 0.87970 0.89710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2153037 187102 12875 17256 2310008 2499994 -321347 6735 18875 2153037 2021775 64634 437962 6490 17887 2499994 1865084 25903 153125 7828 14509 2021775 1827173 32210 22761 5906 11154 1865084 0.96146 0.03854 0 0 0 EQUITY 1413675 F FIXED INCOME 883851 F 2297526 X 2129987 142445 159885 302330 1827657 0 1827657 1768929 159885 159885 1609044 0 1609044 PART V, LINE 4: GENERAL WAF ENDOWMENT (UNRESTRICTED) IS AVAILABLE TO RESPOND TO EMERGENCIES OR OPPORTUNITIES IN ANY GIVEN SCHOOL YEAR. GINGY QUINN FUND IS RESTRICTED TO SUPPORTING INNOVATIVE PROGRAMS, NEW CLASSROOM TECHNOLOGIES, AND NEW TEACHER RESOURCES. JOE BRADLEY FUND IS RESTRICTED TO PROVIDING STUDENT TRAVEL AWARDS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT CONDUCT UNRELATED BUSINESS ACTIVITIES. THEREFORE, THE FOUNDATION HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION IS UNAWARE OF ANY UNCERTAIN TAX POSITIONS AS OF AUGUST 31, 2023, THAT WOULD BE SUBJECT TO THE RECOGNITION PROVISION OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. GENERALLY, THE THREE PRIOR YEARS REMAIN OPEN FOR FEDERAL INCOME TAX EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 117,141. REALIZED LOSS ON INVESTMENT 42,744. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 117,141. REALIZED LOSS ON INVESTMENT 42,744. GALA 288306 248266 40040 115709 WESTLAKE BAJA 106884 106884 1432 395190 355150 40040 117141 117141 -77101 0 WESTLAKE ACADEMY 2600 JT OTTINGER ROAD WESTLAKE TX 76262 752449357 501(C)(3) 1532696 0 PROVIDE FINANCIAL SUPPORT FOR WESTLAKE ACADEMY IN ITS EFFORTS TO ACHIEVE ACADEMIC EXCELLENCE. 1 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE FINANCE DIRECTOR PRIOR TO BEING FILED. EACH BOARD MEMBER HAS THE OPPORTUNITY TO SEE THE 990 PRIOR TO FILING BY REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAINTAINS A COPY OF ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AND EACH IS AVAILABLE FOR REVIEW UPON REQUEST ALONG WITH THE PUBLIC AVAILABILITY OF THE ANNUAL AUDIT REPORT. PART XII, LINE 2C EXPLANATION NO CHANGES TO METHOD OF ACCOUNTING OR AUDIT COMMITTEE PROCEDURES OCCURRED DURING THE FISCAL YEAR. WESTLAKE ACADEMY 2600 JT OTTINGER ROAD WESTLAKE TX 75262 752449357 OPERATE A SCHOOL TX 501(C)3 LINE 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 WESTLAKE ACADEMY B 2254045 CASH WESTLAKE ACADEMY O CASH