2021-06-11T11:06:02-05:00 2020-05-31 751044330 LANE GORMAN TRUBITT LLC 2626 HOWELL ST SUITE 700 DALLAS TX 75204 990 2019-06-01 751507280 JUNE SHELTON SCHOOL AND EVALUATION CENTE JUNE 9727741772 17301 PRESTON ROAD DALLAS TX 75252 GLEN BROWN CFO 9727741772 2021-05-13 1 KEVIN WARNEKE P01294950 2148717500 2019 2022-09-23 18:48:47Z X SUZANNE STELL 17301 PRESTON ROAD DALLAS TX 75252 33209086 0 X WWW.SHELTON.ORG X 1976 TX SEE PART III. 38 37 445 190 0 0 1700285 1161897 29207151 30998795 70656 -2940239 465811 558892 31443903 29779345 1816040 1926069 0 0 21673781 22077988 31490 39257 1020109 8076032 7284097 31597343 31327411 -153440 -1548066 36298074 37931961 28546563 33471799 7751511 4460162 SHELTON IS A SCHOOL AND RESOURCE CENTER DEDICATED TO MAKING A DIFFERENCE BY SERVING AND EMPOWERING THE LIVES OF STUDENTS WHO LEARN DIFFERENTLY BECAUSE NOT ALL GREAT MINDS THINK ALIKE. 0 0 24549929 1926069 29818341 SHELTON SCHOOL IS AN INDEPENDENT, NONSECTARIAN, COEDUCATIONAL,NONPROFIT SCHOOL WHOSE PURPOSE IS TO PROVIDE EXCELLENCE INEDUCATION TO STUDENTS OF AVERAGE TO ABOVE- AVERAGE INTELLIGENCEWITH LEARNING DIFFERENCES FROM PRESCHOOL THROUGH GRADE 12. THESCHOOL OFFERS A COMPREHENSIVE CURRICULUM WITH A STRONG ACADEMICORIENTATION AND A NURTURING FAMILY ATMOSPHERE THAT CONSIDERS THEPHYSICAL, INTELLECTUAL, EMOTIONAL AND SOCIAL GROWTH OF EACHSTUDENT. SHELTON SERVED 967 STUDENTS THIS PAST YEAR. 90% OF THOSE STUDENTS ENTERED INTO A 4- YEAR COLLEGE PROGRAM. 3042813 1646068 THE OUTREACH PROGRAM EXTENDS SHELTON'S APPROACHES TO THOSE BEYONDITS STUDENT BODY. SERVICES INCLUDE SUMMER SCHOOL, TEACHERTRAINING, TUTORING PROGRAM IN READING / WRITING / SPELLING, ONLINETRAINING, PRESENTATIONS AT CONFERENCES AND WORKSHOPS, ANDCOLLABORATIVE PROGRAMS WITH COLLEGES AND UNIVERSITIES. THE SPEECHCLINIC PROVIDES SERVICES FOR COMMUNITY CHILDREN AND ADULTS, BOTHON AND OFF CAMPUS. SERVICES INCLUDES INDIVIDUAL / GROUP THERAPY,STAFF DEVELOPMENT FOR PROFESSIONALS, AND SCREENINGS FOR OTHERSCHOOLS. THE EVALUATION CENTER PROVIDES A VARIETY OF EVALUATIONSTO THE COMMUNITY. PSYCHOEDUCATIONAL, NEUROPSYCHOLOGICAL, ANDPSYCHOLOGICAL CLIENTS ARE SEEN AND EVALUATED FOR LEARNINGDISABILITIES AND RELATED DISORDERS. 27592742 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 1 73 0 1 445 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 38 37 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X GLEN BROWN 9727741772 17301 PRESTON ROAD DALLAS TX 75252 GARY WEBB CHAIRMAN 1.00 X X 0 0 0 PAUL NEUBACH MD VICE CHAIRMAN 1.00 1.00 X X 0 0 0 JAMES B REEDER CHAIRMAN EMERITUS 1.00 X X 0 0 0 SUZANNE STELL EXECUTIVE DIRECTOR / CEO 40.00 2.00 X X 303791 0 35208 JOYCE S PICKERING HUMD EXECUTIVE DIRECTOR EMERITA 30.00 2.00 X X 113264 0 7108 LEON KAPLAN SECRETARY 1.00 X X 0 0 0 GLEN BROWN TREASURER 40.00 2.00 X X 218877 0 12039 BENTON W MARKEY TRUSTEE 1.00 X 0 0 0 DAVID MARTINEAU TRUSTEE 1.00 X 0 0 0 HOLLY VITULLO TRUSTEE 1.00 X 0 0 0 CHARLOTTE ANDERSON TRUSTEE 1.00 X 0 0 0 JOHN L ASPINWALL TRUSTEE 1.00 X 0 0 0 EDWIN S BELL TRUSTEE 1.00 X 0 0 0 BERT BLAIR TRUSTEE 1.00 X 0 0 0 J CROZIER BROWN TRUSTEE 1.00 X 0 0 0 DIANE BYRD TRUSTEE 1.00 X 0 0 0 THEODORE R CASEY TRUSTEE 1.00 X 0 0 0 KEITH CONLON TRUSTEE 1.00 X 0 0 0 CHUCK DANNIS TRUSTEE 1.00 X 0 0 0 NANCY DIEBOLT TRUSTEE 1.00 X 0 0 0 JENNIFER DIX PHD TRUSTEE 1.00 X 0 0 0 CHRIS DREILING MD TRUSTEE 1.00 X 0 0 0 CHRISTOPHER GEYMULLER TRUSTEE 1.00 X 0 0 0 TOMMY GILBREATH JR TRUSTEE 1.00 X 0 0 0 HEATHER HUNT GRAHAM TRUSTEE 1.00 X 0 0 0 SUSAN GRIFFITHS TRUSTEE 1.00 X 0 0 0 CLIFFORD HAHNE TRUSTEE 1.00 X 0 0 0 EDWARD J HEFFERNAN TRUSTEE 1.00 X 0 0 0 DAVID T HELFFRICH JR TRUSTEE 1.00 X 0 0 0 KENNETH J HUGHES TRUSTEE 1.00 X 0 0 0 KEN LUCE TRUSTEE 1.00 X 0 0 0 BARBARA NOVOTNY TRUSTEE 1.00 X 0 0 0 PATTI PACE TRUSTEE 1.00 X 0 0 0 WILLIAM F RAPIER TRUSTEE 1.00 X 0 0 0 CHUCK RUBIN TRUSTEE 1.00 X 0 0 0 JANICE C RYAN TRUSTEE 1.00 X 0 0 0 KELLI VALADE TRUSTEE 1.00 X 0 0 0 TERESA L WEST TRUSTEE 1.00 X 0 0 0 PHILLIP F WIGGINS TRUSTEE 1.00 X 0 0 0 BOBBIE SPARKS WILLIAMS TRUSTEE 1.00 X 0 0 0 KEITH WILLIAMS TRUSTEE 1.00 X 0 0 0 NANCY COFFMAN DIRECTOR OF OUTREACH 40.00 X 143137 0 16968 LINDA KNEESE HEAD OF SCHOOL 40.00 X 127355 0 22318 CHRISTI CONTRERAS DIRECTOR 40.00 X 156293 0 8077 LAURE AMES DIRECTOR 40.00 X 116845 0 18679 AMY KELTON HEAD OF UPPER ELEMENTARY 40.00 X 104329 0 17231 1283891 0 137628 10 0 1 0 SAGE DINING SERVICES INC 1402 YORK ROAD LUTHERVILLE MD 21093 DINING AND FOOD SERVICE 772180 ENTRUST ONE FACILITY SERVICES INC 11142 SHADY TRAIL DALLAS TX 75229 JANITORIAL SERVICES 300866 TDINDUSTRIES 13850 DIPLOMAT DRIVE DALLAS TX 75234 HVAC MAINTENANCE SERVICE 282311 ABCO 1621 WALL STREET DALLAS TX 75215 PRINTER SERVICES 133923 MUSIC LEARNING INC 3021 RIDGE ROAD SUITE A176 ROCKWALL TX 75032 MUSICAL EDUCATION SERVICES 105433 5 341530 820367 123243 1161897 TUITION 900099 28523064 28523064 EVALUATION & OUTREACH 900099 1646068 1646068 APPLICATION FEES 900099 493273 493273 PARENT ASSOCIATION PROCEEDS 900099 336390 336390 30998795 864 864 109835 168068 13282 3205724 96553 -3037656 -2941103 -2941103 253693 341530 207788 45905 45905 50320 2947 47373 47373 OTHER SUPPORT GROUP PROCEEDS 900099 347731 347731 OTHER INCOME 900099 84542 84542 THEATRE INCOME 900099 33341 33341 465614 29779345 31464409 0 -2846961 1926069 1926069 808422 202616 412811 192995 17673648 16128252 1077556 467840 957926 899862 58064 1326352 1201308 107726 17318 1311640 1193139 108106 10395 24724 1324 23400 65300 65300 39257 39257 24734 24734 50039 14571 34516 952 647970 488210 139316 20444 2668163 2562932 94447 10784 197994 151885 37758 8351 66586 15853 38210 12523 639171 616161 20453 2557 297713 287299 9537 877 DINING 1051109 892829 157706 574 CLASSROOM EXPENSES 651569 622903 28666 OTHER OUSIDE SERVICES 367898 223233 96408 48257 DUES AND SUBSCRIPTIONS 271068 73658 179846 17564 260059 90638 169421 31327411 27592742 2714560 1020109 8364332 11762742 70079 134454 200000 100000 19501884 22802046 32600 31400 151487 122490 1200745 589821 5512540 610924 2446152 2367905 19000 0 36298074 37931961 2785365 2506463 25761198 26841336 4124000 28546563 33471799 X 7451602 4215301 299909 244861 7751511 4460162 36298074 37931961 X -1548066 10861 -1754144 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7786349 97060 357160 13719 8226850 7722946 99507 -22926 13178 7786349 7078543 60920 645017 61534 7722946 6697785 57700 814978 491920 7078543 6874388 144358 -188803 132158 6697785 0.66980 0.06390 0.26630 0 1 1 123666 123666 0 1077079 466155 610924 610924 X 27875490 10861 36087 46948 27828542 24734 1926069 1950803 29779345 29412695 36087 36087 29376608 24734 1926069 1950803 31327411 PART V, LINE 4: INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS THE ENDOWMENT FUNDS REPORTED CONSIST OF THE ENTIRE ACTIVITY OF THE JUNE F. SHELTON LEGACY FOUNDATION, WHICH IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE JUNE SHELTON SCHOOL AND EVALUATION CENTER. THE JUNE F. SHELTON LEGACY FOUNDATION IS A TEXAS NONPROFIT CORPORATION, THE PRINCIPAL PURPOSES OF WHICH ARE TO SUPPORT, BENEFIT AND FURTHER THE PURPOSES OF SHELTON SCHOOL, PRIMARILY BY RAISING, PRESERVING, MANAGING AND INVESTING FUNDS FOR THE BENEFIT OF SHELTON SCHOOL. THE FOUNDATION'S ENDOWMENTS ACCORDING TO GAAP DEFINITIONS CONSIST OF ONLY A SINGLE FUND ESTABLISHED AND USED FOR FINANCIAL AID. CURRENTLY THE FOUNDATION CONSIDERS DONOR RESTRICTED ENDOWMENT FUNDS, ACCORDING TO GAAP, AS PERMANENTLY RESTRICTED NET ASSETS IN THE AMOUNT OF $525,383 AS OF MAY 31, 2020. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE ACCORDING TO THE UNITED STATES INTERNAL REVENUE SERVICE ("IRS") DETERMINATION LETTER DATED JULY 17, 2012, EXCEPT TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. FOR THE YEARS ENDED MAY 31, 2020 AND 2019, UNRELATED BUSINESS INCOME DID NOT RESULT IN ANY MATERIAL NET TAXABLE INCOME, THEREFORE NO PROVISION FOR INCOME TAX HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL IS REQUIRED TO FILE AN ANNUAL FORM 990-T WITH THE IRS FOR ANY UNRELATED BUSINESS INCOME. GAAP REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE SCHOOL'S FINANCIAL STATEMENTS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE LIKELY THAN NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. A RECONCILIATION IS NOT PROVIDED HEREIN, AS THE BEGINNING AND ENDING AMOUNTS OF UNRECOGNIZED BENEFITS ARE ZERO, WITH NO INTERIM ADDITIONS, REDUCTIONS, OR SETTLEMENTS. THE SCHOOL IS RELYING ON ITS TAX-EXEMPT STATUS AND ITS ADHERENCE TO ALL APPLICABLE LAWS AND REGULATIONS TO PRESERVE THAT STATUS. HOWEVER, THE CONCLUSIONS REGARDING THE UNCERTAINTY IN INCOME TAXES WILL BE SUBJECT TO REVIEW AND MAY BE ADJUSTED AT A LATER DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF. THE SCHOOL RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNCERTAIN TAX POSITIONS AS INCOME TAX EXPENSE. THE SCHOOL'S INFORMATIONAL RETURNS FILED WITH THE IRS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE DUE DATE OR DATE OF FILING. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH REVENUE ON FORM 990 33,140. RAFFLE EXPENSES NETTED WITH REVENUE ON FORM 990 2,947. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSES NETTED WITH REVENUE ON FINANCIAL STATEMENTS 1,926,069. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH REVENUE ON FORM 990 33,140. RAFFLE EXPENSES NETTED WITH REVENUE ON FORM 990 2,947. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSES NETTED WITH REVENUE ON FINANCIAL STATEMENTS 1,926,069. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS PUBLISHED IN THE DALLAS MORNING NEWS WITH ALL ADVERTISEMENTS PLACED, AS WELL AS BEING ON THE SCHOOL WEBSITE AT WWW.SHELTON.ORG. X X X 1 BOOSTER ENTERPRISES 10400 OLD ALABAMA RD CONNECTOR SUI ALPHARETTA GA 30022 CONSULTING 0 88665 39257 49408 88665 39257 49408 TX STAMPEDE AUCTION 491423 341530 149893 120189 23956 10225 18488 GOLF TOURNEY 103800 103800 10266 24664 595223 341530 253693 120189 34222 10225 43152 207788 45905 50320 1148 1799 1 1.00000 50320 1148 1799 2947 47373 TX 0 SEE PART IV. 0 0 0 1.00000 GLEN BROWN 17301 PRESTON ROAD DALLAS TX 75252 0 GLEN BROWN RECORDKEEPING X 0 PART III, LINE 9B: RAFFLE EXPLANATION THE TEXAS CHARITABLE RAFFLE ENABLING ACT, EFFECTIVE JANUARY 1, 1990, PERMITS "QUALIFIED ORGANIZATIONS" TO HOLD UP TO TWO RAFFLES PER CALENDAR YEAR, WITH CERTAIN SPECIFIED RESTRICTIONS. THE ORGANIZATION IS NOT REQUIRED TO REGISTER WITH THE STATE BEFORE CONDUCTING A RAFFLE IF TWO OR FEWER RAFFLES ARE HELD DURING THE CALENDAR YEAR. PART VIII, LINE 8 FUNDRAISING EVENTS THE SCHOOL HELD MAJOR FUNDRAISING EVENTS DURING THE FISCAL YEAR. ITS FUNDRAISING EVENTS HAD GROSS RECEIPTS OF $595,223 AND DIRECT EXPENSES OF $207,788, RESULTING IN A NET PROFIT OF $387,435. PER FORM 990 INSTRUCTIONS, THE SCHOOL IS REQUIRED TO RECLASS THE CHARITABLE PORTION OF ITS FUNDRAISING GROSS RECEIPTS TO FORM 990, PART VIII, STATEMENT OF REVENUE, LINE 1C., AND THEREFORE, THE NET EFFECT OF RECLASSING CONTRIBUTIONS OF $341,530 FROM GROSS RECEIPTS AFFECTS THE PRESENTATION OF THE FUNDRAISING EVENTS' NET PROFIT AMOUNT, SHOWING A GAIN OF $45,905 WHEN, IN ACTUALITY, THE FUNDRAISING EVENTS WERE MORE PROFITABLE AND RAISED MORE MONEY FOR THE SCHOOL. 1 FINANCIAL AID TO STUDENTS ATTENDING SHELTON 126 1926069 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THE BOARD OF TRUSTEES APPROVES A TOTAL DOLLAR AMOUNT EACH YEAR TO BE ALLOCATED TO FINANCIAL AID. FUNDS ARE DISTRIBUTED BASED UPON FINANCIAL NEED, STUDENT BEHAVIOR, PARTICIPATION AND ACADEMIC RECORD. X X X X 0 0 0 0 0 0 0 0 0 SUZANNE STELL EXECUTIVE DIRECTOR / CEO 268791 0 35000 0 0 0 22304 0 12904 0 338999 0 0 0 GLEN BROWN TREASURER 193877 0 25000 0 0 0 11633 0 406 0 230916 0 0 0 NANCY COFFMAN DIRECTOR OF OUTREACH 141821 0 1316 0 0 0 4800 0 12168 0 160105 0 0 0 CHRISTI CONTRERAS DIRECTOR 153671 0 2622 0 0 0 7663 0 414 0 164370 0 0 0 A ARLINGTON HIGHER EDUCATION FINANCE CORPORATION 273906171 2017-10-25 31350000 PROPERTY PURCHASE BY LANDMARK FOUNDATION 0 0 0 B NEWARK CULTURAL EDUCATION FACILITIES FINANCE CORPORATION 263769964 2019-05-07 33500000 BUILDING CONSTRUCTION BY LANDMARK FOUNDATION 0 0 0 A 31350000 219000 31131000 2017 0 0 1 1 B 10131197 223645 9907551 0 0 0 0 A 1 1 1 FROST BANK 10.000000000000 1 0 0 0 0 B 0 0 0 0 1 0 0 0 0 A 0 LIABILITIES REPORTED BY RELATED PARTY SHELTON LANDMARK FOUNDATION ("LANDMARK') REPORTS $41,481,197 OF LONG TERM DEBT AS THE RESULT OF THE BOND ISSUANCE. LANDMARK, A RELATED ORGANIZATION REPORTED ON SCHEDULE R, WAS FORMED BY THE SCHOOL IN FEBRUARY 2, 2005, PRIMARILY TO SUPPORT AND BENEFIT THE SCHOOL BY SOLICITING, RECEIVING, AND HOLDING REAL PROPERTY TO BENEFIT THE LONG-TERM GOALS, PURPOSES AND OBJECTIVES OF THE SCHOOL. ALL OF THE SCHOOL'S LAND, LAND IMPROVEMENTS, BUILDINGS AND THE MAJORITY OF BUILDING IMPROVEMENTS ARE HELD BY THE LANDMARK FOUNDATION. LEON KAPLAN TRUSTEE/SECRETARY 130660 PRINTED EDUCATION MATERIALS 0 X 1 3054 SELLING PRICE X NON-CASH AUCTION ITEMS 461 99018 SELLING PRICE 0 1 1 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS RECEIVED THE ORGANIZATION IS REPORTING THE NUMBER OF ITEMS CONTRIBUTED. PART I, LINE 32B: RAYMOND JAMES, DOW CROCKER CPB GROUP, SELLS SHARES OF STOCK IMMEDIATELY UPON RECEIPT FROM DONOR. FORM 990, PART VI, SECTION B, LINE 11B REVIEW PROCESS OF FORM 990 THE 990 IS REVIEWED BY THE ORGANIZATION'S CHIEF FINANCIAL OFFICER AND EXECUTIVE DIRECTOR. A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES BEFORE FILING, IF TIME PERMITTING; OR FIRST MEETING FOLLOWING FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY FORMS ARE COMPLETED AND REVIEWED EACH YEAR. ANY CONFLICTS ARE REVIEWED AND THAT TRUSTEE IS ASKED TO REFRAIN FROM VOTING ON ANY ISSUE AFFECTED BY THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 DETERMINATION OF COMPENSATION THE SCHOOL USES PUBLISHED INFORMATION FROM AN ACCREDITING BODY AS TO SALARY STRUCTURES BY POSITION. THE SCHOOL ALSO USES LOCAL PUBLIC AND PRIVATE SCHOOLS AS A BENCHMARK. THE EXECUTIVE COMMITTEE APPROVES THE EXECUTIVE DIRECTOR'S SALARY, WHICH IS DOCUMENTED IN THE COMMITTEE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER OF CONSTRUCTION IN PROCESS ASSETS FROM SHELTON SCHOOL TO LANDMARK -1,754,144. FORM 990, PART XII, LINE 2C: AUDIT OVERSIGHT BOARD NO CHANGE HAS BEEN MADE TO THE ORGANIZATION'S AUDIT OVERSIGHT PROCESS OR SELECTION PROCESS. SHELTON LANDMARK FOUNDATION 17301 PRESTON ROAD DALLAS TX 75252 202532325 SUPPORT TX 501(C)(3) LINE 12A, I SHELTON SCHOOL 1 THE JUNE F SHELTON LEGACY FOUNDATION 17301 PRESTON ROAD DALLAS TX 75252 202131507 SUPPORT TX 501(C)(3) LINE 12A, I SHELTON SCHOOL 1 0 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 SHELTON LANDMARK FOUNDATION K 1283000 FMV SHELTON LANDMARK FOUNDATION O 466964 FMV SHELTON LANDMARK FOUNDATION R 1754144 FMV