2022-11-14T15:26:57-06:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 2523 US HIGHWAY 27 S SEBRING FL 338704926 990 2021-07-01 590730067 LAKELAND CHRISTIAN SCHOOL INC LAKE 8636882771 1111 FOREST PARK STREET LAKELAND FL 33803 MICHAEL SLIGH HEAD OF SCHOOL 8636882771 2022-11-09 1 MICHAEL SLIGH 999009999 KRISTINA HIMROD CPA P01544190 8633851577 2022-11-09 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z MICHAEL SLIGH 1111 FOREST PARK STREET LAKELAND FL 33803 31963894 0 X WWW.LCSONLINE.ORG X 1954 FL TO PROVIDE INDEPENDENT DAY SCHOOL EDUCATION FOR GRADES K4-12. 11 11 307 500 0 0 8594542 12986250 15342681 17261965 1395200 -1131488 163355 132513 25495778 29249240 2737652 2423376 0 0 8789886 8978985 110100 103022 473930 5027468 6044289 16665106 17549672 8830672 11699568 48746499 60596367 2086049 2362883 46660450 58233484 X THE MISSION OF LAKELAND CHRISTIAN SCHOOL IS TO EDUCATE STUDENTS IN THE LIGHT OF GOD'S WORD TO EQUIP THEM FOR A LIFETIME OF LEARNING, LEADERSHIP, SERVICE AND WORSHIP. 0 0 12857815 2423376 17261965 LAKELAND CHRISTIAN SCHOOL IS ONE OF THE NATION'S PREMIER PRIVATE CHRISTIAN SCHOOLS. THE INSTITUTION WAS FOUNDED IN 1954 AND HAS OVER 1,000 STUDENTS, MAKING IT ONE OF THE OLDEST AND LARGEST NON-PUBLIC K4-12TH GRADE SCHOOLS IN WEST CENTRAL FLORIDA. HALLMARKS OF LCS INCLUDE CHALLENGING ACADEMICS, CHAMPIONSHIP ATHLETICS, AND AWARD-WINNING FINE ARTS. THE SCHOOL'S PRIMARY DISTINCTIVE, THOUGH, IS THE BIBLICAL WORLDVIEW THAT PERMEATES EVERY FACET OF SCHOOL LIFE. LCS IS NON-DENOMINATIONAL, AND SCHOOL FAMILIES REPRESENT MORE THAN 160 LOCAL CHURCHES. CONTINUED ON SCHEDULE OLCS IS GOVERNED BY A 11-MEMBER BOARD OF DIRECTORS AND IS ACCREDITED BY THE ASSOCIATION OF CHRISTIAN SCHOOLS INTERNATIONAL (ACSI), THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS (SACS), THE FLORIDA COUNCIL OF INDEPENDENT SCHOOLS (FCIS), AND THE COUNCIL ON ACCREDITATION AND SCHOOL IMPROVEMENT (CASI)ALL FACULTY MEMBERS MAINTAIN PROFESSIONAL CERTIFICATION IN THEIR FIELDS. THE STUDENT-TO-FACULTY RATIO IS 13.5:1. 42% OF THE FACULTY HOLD MASTER'S DEGREES AND 31% HAVE TAUGHT AT LCS FOR 10 YEARS OR MORE. THE TEST SCORES OF LCS STUDENTS CONSISTENTLY EXCEED LOCAL, STATE, AND NATIONAL AVERAGES. LCS OFFERS 17 ADVANCED PLACEMENT AND HONORS COURSES AND 11 DUAL ENROLLMENT CLASSES AND 94% OF ITS GRADUATES PURSUE COLLEGETHE SCHOOL PROVIDES 40 ATHLETIC TEAMS, IN 15 SPORTS, FOR GRADES SIX THROUGH TWELVE. LCS HAS WON 25 STATE TITLES AND HAS CAPTURED 26 RUNNER-UP AWARDS. 66% OF SECONDARY STUDENTS PARTICIPATE IN ATHLETICS.THE OUTSTANDING FINE ARTS PROGRAM ENCOMPASSES NEARLY 500 STUDENTS. THE SCHOOL PRODUCES A MAJOR MUSICAL EACH YEAR, INCLUDING STUDENTS FROM ACROSS GRADE LEVELS. LCS ALSO PROVIDES PRIVATE PIANO LESSONS FOR MORE THAN 150 STUDENTS. THE BAND AND CHOIR PROGRAMS CONSISTENTLY GARNER STATEWIDE HONORS. 12857815 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 0 1 35 0 1 307 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X MATT GREEN 8636882771 1111 FOREST PARK STREET LAKELAND FL 33803 MR KEVIN KNOWLTON CHAIRMAN 1.00 X X 0 0 0 MR CORY PETCOFF VICE - CHAIRMAN 1.00 X X 0 0 0 MRS BETH PATTESON SECRETARY THRU 8/2021 1.00 X X 0 0 0 MRS PAYTON ALBRITTON DIRECTOR 1.00 X 0 0 0 MRS KRISTEN BOLTER DIRECTOR THRU 8/2021 1.00 X 0 0 0 MR DAN GREEN DIRECTOR 1.00 X 0 0 0 DR STEVE SLIGH DIRECTOR 1.00 X 0 0 0 DR JOHN O TUCKER DIRECTOR 1.00 X 0 0 0 MR DAVID MILLER DIRECTOR 1.00 X 0 0 0 MR JIM WILBANKS DIRECTOR THRU 4/2022 1.00 X 0 0 0 MR BILL MUTZ DIRECTOR 1.00 X 0 0 0 MR DAN DELANGE DIRECTOR 1.00 X 0 0 0 HEATHER BRYANT DIRECTOR 1.00 X 0 0 0 HOLLAND HENDERSON DIRECTOR 1.00 X 0 0 0 DR MICHAEL SLIGH HEAD OF SCHOOL 40.00 X 200911 0 18444 MR MATT GREEN CHIEF FINANCIAL OFFICER 40.00 X 110048 0 40984 MATTHEW DIAZ DIRECTOR OF ADVANCEMENT 40.00 X 110387 0 31850 KEITH OVERHOLT ASSOCIATE HEAD OF SCHOOL 40.00 X 104435 0 67890 525781 0 159168 4 0 1 0 RODDA CONSTRUCTION 250 EAST HIGHLAND DRIVE LAKELAND FL 33813 HIGH SCHOOL BUILDING 463834 STRAUGHN TROUT ARCHITECTS 2005 EAST EDGEWOOD DRIVE LAKELAND FL 33803 HIGH SCHOOL BUILDING 398693 E & A CLEANING INC 529 W BRANNEN ROAD LAKELAND FL 33813 CLEANING 305849 TUDI MECHANICAL SYSTEMS OF TAMPA BAY 5615 EAST ADAMO DRIVE TAMPA FL 33619 HVAC MAINTENANCE 228127 4 208731 12777519 357244 12986250 TUITION AND FEES 611110 15425296 15425296 ANCILLARY FEES 611110 673821 673821 CLUB AND CLASS FEES 611110 513688 513688 CO-CURRICULAR FEES 611110 333698 333698 PROGRAM FEES 611110 315462 315462 17261965 150272 150272 13063 0 13063 13063 13063 1273630 2555390 -1281760 -1281760 -1281760 85399 208731 120263 -34864 -34864 70362 39001 31361 31361 ATHLETICS ADVERTISING 611110 83818 83818 MISCELLANEOUS INCOME 611110 39135 39135 122953 29249240 17261965 0 -998975 2423376 2423376 382252 45251 314375 22626 7052434 5936781 968266 147387 279924 223263 48740 7921 729359 579755 136290 13314 535016 453127 69691 12198 23305 23305 39134 39134 103022 103022 59626 59626 379691 153908 167905 57878 47090 1860 39338 5892 642849 176662 454627 11560 313569 90692 195623 27254 1207333 58110 1149223 89526 20774 64833 3919 174620 65448 64129 45043 2201 2201 1287644 1039901 233579 14164 105662 29053 76609 CLUBS AND ACTIVITIES 645141 645141 OTHER SCHOOL PROGRAMS 358755 358755 INSTRUCTIONAL EXPENSES 275334 275334 STUDENT EXPENSES 209425 209425 183384 71199 110433 1752 17549672 12857815 4217927 473930 561966 313387 10495768 18578963 2845877 3454868 61295 200552 30472 27642 219270 168684 47514893 16985090 26996880 30529803 7528401 7318818 6570 3650 48746499 60596367 1665866 1808437 420183 441151 0 113295 2086049 2362883 X 35032599 35484018 11627851 22749466 46660450 58233484 48746499 60596367 X 11699568 -126534 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 73025 5527741 5600766 69475 3550 73025 69425 50 69475 69425 69425 50025 19400 69425 0.25500 0.74500 0.00000 0 0 2740612 2740612 36544949 13512870 23032079 3380134 2601675 778459 4849198 870545 3978653 30529803 LEASE LIABILITY 113295 113295 X 28109699 1355623 1355623 26754076 2495164 2495164 29249240 16536666 1410370 1410370 15126296 2423376 2423376 17549672 PART V, LINE 4: THE SCHOOL'S ENDOWMENT WAS ESTABLISHED IN JUNE 2015 TO PROVIDE FINANCIAL AID TO STUDENTS AND TO SUPPORT PROGRAM OPERATIONS, AND ADVNACE EDUCATIONAL OPPORTUNITIES. PART X, LINE 2: THE SCHOOL HAS ADOPTED ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10 AS IT RELATES TO UNCERTAIN TAX POSITIONS. WHEN APPLICABLE, ANY INTEREST AND PENALTIES RECOGNIZED ASSOCIATED WITH A TAX POSITION ARE CLASSIFIED AS CURRENT LIABILITIES IN THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 34,862. CONCESSION STAND COST OF GOODS SOLD 25,631. SPIRIT SHOP COST OF GOODS SOLD 13,370. LOSS ON SALE OF INVESTMENTS 1,281,760. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND DISCOUNTS 2,423,376. PLEDGE RECEIVABLE DISCOUNT -78,484. INVESTMENT INCOME 150,272. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 34,862. CONCESSION STAND COST OF GOODS SOLD 25,631. SPIRIT SHOP COST OF GOODS SOLD 13,370. WRITE-OFF OF UNCOLLECTIBLE ACCOUNTS 126,535. LOSS ON SALE OF INVESTMENTS 1,281,760. PLEDGE RECEIVABLE DISCOUNT 78,484. INVESTMENT INCOME -150,272. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND DISCOUNTS 2,423,376. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 LAKELAND CHRISTIAN SCHOOL CUSTOMARILY DRAWS ITS STUDENTS FROM THE LOCAL COMMUNITY AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. THEREFORE, THE PUBLICITY REQUIREMENT IS SATISFIED BY INCLUDING A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS IN ALL ITS BROCHURES AND CATALOGUES DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND FINANCIAL AID. A REFERENCE TO ITS RACIALLY NONDISCRIMINATORY POLICY IS ALSO INCLUDED IN OTHER WRITTEN ADVERTISING THAT IT USES AS A MEANS OF INFORMING PROSPECTIVE STUDENTS OF ITS PROGRAMS. IN ADDITION, THE SCHOOL PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY IN THE LOCAL NEWSPAPER ANNUALLY AND ON THE HOMEPAGE OF THE SCHOOL'S WEBSITE. X 1 THE FOCUS GROUP 521 A1A BEACH BLVD ST AUGUSTINE FL 32080 CAPITAL CAMPAIGN CONSULTING 0 0 67022 -67022 PHILANTHROCORP 111 SOUTH TEJON STREET SUITE 520 COLORADO SPRINGS CO 80903 CHARITABLE GIVING AND ESTATE PLANNING SERVICES 0 0 36000 -36000 103022 -103022 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY GALA 251710 176138 75572 47572 4550 23190 600 30263 GOLF TOURNAMENT 33620 25770 7850 250 1054 5220 2734 0 1719 1 8800 6823 1977 0 445 288 54 0 2324 294130 208731 85399 250 49071 10058 25978 600 34306 120263 -34864 1 FINANCIAL AID FOR STUDENTS 221 615763 CASH VALUE TUITION DISCOUNTS TUITION REMISSION 139 1040359 CASH VALUE TUITION DISCOUNTS MULTI-CHILD DISCOUNT 413 760450 CASH VALUE TUITION DISCOUNTS PART I, LINE 2: THE ORGANIZATION USES A THIRD PARTY, FACTS GRANT AND AID, TO ASSIST IN THE PROCESS OF SELECTING APPLICANTS FOR FINANCIAL AID. FINANCIAL AID PACKETS ARE FILLED OUT BY FAMILIES AND SENT IN TO THE THIRD PARTY FOR ANALYSIS. THE THIRD PARTY ASSESSES THE NEED BASED ON ALL THE APPLICANTS AND RESPONDS WITH RECOMMENDATIONS TO THE ORGANIZATION. THE FINANCIAL AID COMMITTEE MEETS AND ALLOCATES THE BUDGETED FINANCIAL AID BASED ON THE THIRD PARTY ASSESSMENT. X X X 0 0 0 0 0 0 0 0 0 DR MICHAEL SLIGH HEAD OF SCHOOL 194911 0 0 0 6000 0 9820 0 8624 0 219355 0 0 0 KEITH OVERHOLT ASSOCIATE HEAD OF SCHOOL 97935 0 500 0 6000 0 3154 0 64736 0 172325 0 0 0 MR MATT GREEN CHIEF FINANCIAL OFFICER 103548 0 500 0 6000 0 5370 0 35614 0 151032 0 0 0 8000 FINANCIAL AID 79900 TUITION REMISSION 42700 MULTI-CHILD DISCOUNT X 2 25005 STOCK PRICE X BUILDING MATERIALS 1 305800 REPLACEMENT COST X AUCTION ITEMS 91 48072 DONOR VALUE 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF HTE CHAIR OF THE BOARD OF DIRECTORS, THE VICE CHAIR OF THE BOARD OF DIRECTORS, AND THE SECRETARY OF THE BOARD OF DIRECTORS. THE CHAIR OF THE BOARD OF DIRECTORS SHALL SERVE AS THE EXECUTIVE COMMITTEE CHAIR. THE EXECUTIVE COMMITTEE SHALL MEET AS OFTEN AS NECESSARY TO CARRY OUT ITS BUSINESS AND MAY BE CALLED TOGETHER BY THE CHAIR OF THE BOARD OR THE HEAD OF SCHOOL. THE EXECUTIVE COMMITTEE SHALL HAVE DELEGATED AUTHORITY FROM THE BOARD OF DIRECTORS TO ADDRESS ROUTINE BUSINESS MATTERS BETWEEN REGULAR BOARD MEETINGS IN ACCORD WITH THE GUIDELINES AND POLICIES OF THE BOARD OF DIRECTORS, AND TO ASSIST THE CHAIR OF THE BOARD OF DIRECTORS AND THE HEAD OF SCHOOL IN THEIR JOINT RESPONSIBILITY TO HELP THE BOARD TO FUNCTION EFFECTIVELY AND EFFICIENTLY BY SUGGESTING BOARD MEETING AGENDA ITEMS AND RENDERING COUNSEL AND ADVICE. THE EXECUTIVE COMMITTEE SHALL BE RESPONSIBLE FOR RECOMMENDING TO THE BOARD OF DIRECTORS THE COMPENSATION AND BENEFITS OF THE HEAD OF SCHOOL. NOTWITHSTANDING THE FOREGOING, THE EXECUTIVE COMMITTEE SHALL NOT HAVE DELEGATED AUTHORITY TO ACT FOR THE BOARD OF DIRECTORS ON THE FOLLOWING MATTERS, WHICH SHALL BE SPECIFICALLY RESERVED FOR THE BOARD: SELECTION OR REMOVAL OF THE HEAD OF SCHOOL; ELECTION OR REMOVAL OF A MEMBER OF THE BOARD OF DIRECTORS; CHANGES TO THE ARTICLES OF INCORPORATION OR BYLAWS OF THE CORPORATION; CHANGES TO THE SCHOOL'S MISSION STATEMENT OR STATEMENT OF FAITH; INCURRING OF INDEBTEDNESS; SALE OF CORPORATION ASSETS OR PROPERTY; OR ADOPTION OF THE ANNUAL BUDGET. FORM 990, PART VI, SECTION A, LINE 2 STEVE SLIGH (DIRECTOR) AND MICHAEL SLIGH (HEAD OF SCHOOL) HAVE A FAMILY RELATIONSHIP. DAN GREEN (DIRECTOR) AND MATT GREEN (CHIEF FINANCIAL OFFICER) HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS DURING THE YEAR. CHANGES INCLUDED ADDING THE ORGANIZATION'S VISION AND MISSION STATEMENTS, UPDATING ITS STATEMENT OF FAITH, UPDATING THE NUMBER OF BOARD MEMBERS TO BE BETWEEN 7 AND 17, UPDATING THE STANDING COMMITTEES OF THE BOARD TO INCLUDE THE EXECUTIVE COMMITTEE, FINANCE COMMITTEE, ADVANCEMENT COMMITTEE, FACILITIES AND PROPERTY COMMITTEE, GOVERNANCE COMMITTEE AND HEAD OF SCHOOL SUPPORT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON DATA SUPPLIED BY THE ORGANIZATION. THE LAKELAND CHRISTIAN SCHOOL BOARD OF DIRECTORS ARE EACH EMAILED A COPY OF FORM 990 FOR THEIR REVIEW AND ASKED TO RESPOND IF THEY HAVE ANY COMMENTS OR CONCERNS. THE 990 IS ALSO REVIEWED BY THE HEAD OF SCHOOL AND THE CHIEF FINANCIAL OFFICER BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS DIRECT OR INDIRECT FINANCIAL INTEREST IN A TRANSACTION, CONTRACT, OR ARRANGEMENT, IS AN INTERESTED PERSON. DUTY TO DISCLOSE - IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION, CONTRACT, OR ARRANGEMENT. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS - AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST A.AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B.THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION, CONTRACT, OR ARRANGEMENT C.AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE SCHOOL CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION, CONTRACT, OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D.IF A MORE ADVANTAGEOUS TRANSACTION, CONTRACT, OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION, CONTRACT, OR ARRANGEMENT IS IN THE SCHOOL'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION, CONTRACT, OR ARRANGEMENT. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY A.IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B.IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. THE MINUTES OF THE GOVERNING BOARD AND ALL COMMITTEES WITH BOARD DELEGATED POWER SHALL CONTAIN: A.THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE GOVERNING BOARD'S OR COMMITTEE'S DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED. B.THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION, CONTRACT, OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE PROPOSED TRANSACTION, CONTRACT, OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION WITH THE PROCEEDINGS. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION OF THE HEAD OF SCHOOL INCLUDES REVIEW AND APPROVAL BY A COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. A COMPENSATION SURVEY IS USED IN DETERMINING THE COMPENSATION OF THE HEAD OF SCHOOL, AND DOCUMENTATION AND APPROVAL ARE GIVEN TO MANAGEMENT FOR THE UPCOMING SCHOOL YEAR. THIS PROCESS OCCURS EVERY TWO YEARS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: WRITE-OFF OF UNCOLLECTIBLE ACCOUNTS -126,534. GILPIN PARK PROPERTIES 1111 FOREST PARK ST LAKELAND FL 33803 843474317 INVESTMENT PROPERTY RENTAL FL 22293 475915 LAKELAND CHRISTIAN SCHOOL ARIANA TEN LLC 225 EAST LEMON STREET SUITE 300 LAKELAND FL 33801 872542696 INVESTMENT PROPERTY FL 0 354756 LAKELAND CHRISTIAN SCHOOL