2022-11-01T11:38:55-00:00 2022-06-30 990 2021-07-01 860832483 Gilbert Christian Schools Inc GILB 4808096610 3632 E Jasper Dr Gilbert AZ 85296 Michael Horton Treasurer 4808096610 2022-10-28 true Michael Horton XXX-XX-XXXX Kathy L Grebe P01613655 4808096610 2022-11-01 AAL1 IAL1 2021 2022-09-23 18:48:47Z Michael Horton 2740 E Oriole Dr Gilbert AZ 85296 15933562 false X www.gilbertchristianschools.org X 1997 AZ To operate a non-profit Christian School, preschool through high school for a quality well-rounded education along with a sports and music program. 10 10 344 250 0 1686917 72654 13497876 15547013 632 393 30706 243468 15216131 15863528 0 0 9605245 10684125 0 174923 3854926 4248336 13460171 14932461 1755960 931067 7847673 9512968 3930721 4418753 3916952 5094215 To operate a non-profit Christian School, preschool through high school for a quality well-rounded education along with a sports and music program. false false 8828639 15547013 To operate a non-profit Christian School, preschool through high school for a quality well-rounded education along with a sports and music program. 8828639 true true false false false false false false false false true false false false false false true true true false false false false false true false false false false true false false false false false false false false false false false false false true false true false true 31 0 true 344 true true true false false false false true true false false false false false false false false false false false X 10 10 false false false false false true false true true false false false true true true true true true false false AZ X James Dragonette 4808096624 1040 S Gilbert Rd Gilbert AZ 85296 James Desmarchais Administrator 040.00 X 242969 0 0 Steve Kovach President 005.00 X 0 0 0 Michael Horton Treasurer 005.00 X 0 0 0 Adam Bailie Member 002.00 X 0 0 0 Jason Gehl Member 002.00 X 0 0 0 Janine Igliane Member 002.00 X 0 0 0 Matt Johnson Member 002.00 X 0 0 0 Marcel Reece Member 002.00 X 0 0 0 Matthew Ross Member 002.00 X 0 0 0 Andrew Vernon Member 002.00 X 0 0 0 242969 3 false true false 72654 72654 School Tuition 900099 15547013 15547013 15547013 393 61188 37758 23430 23430 252314 32276 220038 15863528 15547013 X 0 0 0 0 0 0 8817034 5929968 2730931 156135 326979 219718 100418 6843 923540 620586 302954 616572 414511 190116 11945 0 0 16234 16234 0 0 10870 10870 10782 10782 846916 157793 689123 0 0 710759 710759 48754 48754 0 9821 9821 2326 2326 0 807882 807882 140156 140156 School Expense 861319 778429 82890 Curriculum 144238 144238 Music Program 147019 147019 Athletic Program 491260 405507 85753 0 14932461 8828639 5928899 174923 X 3601428 4286983 371830 372223 110343 25054 424514 567366 8465562 4427491 3069813 4038071 269745 223271 7847673 9512968 877794 899271 2378674 2964263 674253 555219 3930721 4418753 X 3791384 4719003 125568 375212 3916952 5094215 7847673 9512968 X 931067 -3448 249644 X false true X false false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 1251142 270789 980353 4429068 3079941 1349127 2785352 1076761 1708591 4038071 Financial derivatives and other financial products Closely-held equity interests Federal income taxes 15651641 -211887 -211887 15863528 15863528 14970218 37757 37757 14932461 14932461 XI 2d Other Changes in Net Assets for Fund Balances see part XI 9 Schedule O - 249,644 These temporary restriced assets were reflected on the 990 as A decrease in Total Revenue of 211,888 and An increase in Total Expense of 37,757. Totalling an aggregate change of 249,644. VI 1a The Land and Buildings for the threee school properties were transfered into the East Valley Christian Legacy Fund and are now represented on their own 990. true true true true true true true false false false false false false false false false false true X X X X false Annual ASK 203350 203350 112 Golf Tournament 48964 48964 9926 17235 5003 252314 252314 9926 17235 5115 32276 220038 true X X X false false false false false false false false false James Desmarchais Administrator 242969 12031 255000 Form 990, Part VI, Section A, Line 7a The current board will elect a Board Nominating Task Force. It will solicit suggestions from fellow Board members and the Administrator for nominations. The Administrator and selected Board members will interview the identified candidates and recommend their choice to the Board. The Board will either approve or disapprove the nomination. Upon Board approval, the new member shall be considered a member-in-training for 6 months and upon completion of the training period will be affirmed or disapporved by the Board. Form 990, Part VI, Section B, Line 11a The Treasurer and the Administrator review the Form 990 and make the report available to the Board members upon request. A copy of the Form 990 is also given to the Schools lending institution. Form 990, Part VI, Section B, Line 12c The Board enforces compliance with the Schools Conflict of Interest policy with a verbal review as needed. Form 990, Part VI, Section B, Line 15a The Board yearly considers compensation levels of similar administrators at other schools as available and discusses the compensation for the Administrator after reviewing his performance based on discussed goals from the prior year. The Board President and any other Board designee meet with the Administrator to review and finalize the yearly contract. Form 990, Part VI, Section C, Line 19 Financial Statements are provided to the Board monthly and the Schools lending insitutuion yearly and to the public upon request. The Board makes all documents relating to its governing policies and conflict of interest policy available to the public on the Schools website. Form 990, Part X, Section Assets, Line 10 The East Valley Christian Legacy Fund now owns the three school properties and manages the debt associated with the properties. EVCLF is its own 501c3 and filed its first 990 last year. Thus the assets and the debt were transferred from the School to EVCLF. The audited financial statements include both the School and the EVCLF. Form 990, Part IX, Line 7 Three employees spend 100 of her time working on the fundraisers. Form 990, Part XI, Line 9 Restricted contributions received in FY22 9,219,102 Transfer of funds during FY22 to Unrestricted Tuition 7,859,246 Transfer of funds during FY22 to Contribution Income 1,110,212 Change in Net Assets for Fund Balances 249,644. Form 990, Part XI, Line 8 This Prior Period adjustment of 3,448 relates to eliminating entries for the combining of the Gilbert Christian Schools Financial Statements and the East Valley Christian Legacy Fund on the audited statements that were not made last year. East Valley Christian Legacy Fund 1040 S Gilbert Rd Ste 200 Gilbert AZ 85296 455087781 Property Holder AZ 501c3 PF NA true false false false false false false false false false false false false false false false false false true false East Valley Christian Legacy Fund - mortgage payments r 1226992 market value East Valley Christian Legacy Fund - Assets (net) r 27292495 NBV East Valley Christian Legacy Fund - Long Term Debt r 16585355 NBV Part V Line 2 The East Valley Christian Legacy Fund EVCLF was established in 2020 and it owns all three school properties and manages the debt associated with these properties. Thus, all related debt payments, assets and long-term note payables were transfered from the School to EVCLF. These transactions are reflected on the audited financial statements as well as their separate 990 forms.