2020-05-15T17:38:57-05:00 2019-06-30 946214841 ARMANINO LLP 12657 ALCOSTA BLVD STE 500 SAN RAMON CA 945834600 990 2018-07-01 330103052 SANTA FE CHRISTIAN SCHOOLS SANT 8587558900 838 ACADEMY DRIVE SOLANA BEACH CA 92075 KURT DEPFYFFER CFOO 8587558900 2020-05-14 1 KATY BROWN P00650274 9257902600 2020-05-12 34.100.94.8 2020-05-14 14:17:41 MD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 7777A0160DD75CFDDC16105D0C842EB02EF403B0 2018 2020-11-19 02:30:22Z KURT DEPFYFFER 838 ACADEMY DRIVE SOLANA BEACH CA 92075 24139202 0 X WWW.SFCS.NET X 1985 CA A COEDUCATIONAL INDEPENDENT COLLEGE PREPARATORY SCHOOL WITHIN A BIBLE BASED COMMUNITY. 14 14 296 600 0 0 4846324 2888069 20041786 20472545 182019 338726 41735 3199 25111864 23702539 2651144 2074438 0 0 13523367 14673405 124063 45000 921152 5685802 6338822 21984376 23131665 3127488 570874 52756652 52406891 24355401 23629043 28401251 28777848 X A COEDUCATIONAL INDEPENDENT COLLEGE PREPARATORY SCHOOL WITHIN A BIBLE BASED COMMUNITY TO DISCIPLE STUDENTS TO EMBRACE BIBLICAL TRUTH, STRIVE FOR ACADEMIC EXCELLENCE, AND MODEL CHRIST-LIKE LEADERSHIP TO INFLUENCE THEIR HOMES, CHURCHES, AND COMMUNITIES FOR CHRIST. 0 0 19467648 2074438 20472545 SANTA FE CHRISTIAN SCHOOL PROVIDES PRE-SCHOOL, ELEMENTARY, JUNIOR HIGH, AND HIGH SCHOOL EDUCATION FOR 1,071 STUDENTS.SEE SCHEDULE OTHERE WERE 425 STUDENTS ENROLLED IN THE 2018/19 SCHOOL YEAR IN SANTA FE CHRISTIAN UPPER SCHOOL. THE UPPER SCHOOL SEEKS, THROUGH THE CORE CURRICULUM, ELECTIVES AND EXTRACURRICULAR ACTIVITIES, TO PUT STUDENTS IN A POSITION OF HAVING THE BROADEST POSSIBLE RANGE OF CHOICES WHEN IT COMES TIME TO APPLY TO COLLEGES. BIBLE CLASSES ARE AN ESSENTIAL PART OF THE CURRICULUM AT SANTA FE CHRISTIAN SCHOOLS, AND THEY ARE TAUGHT FROM AN ORTHODOX, DISTINCTIVELY CHRISTIAN VIEWPOINT. IT IS OUR OBJECTIVE TO ENCOURAGE STUDENTS TO LOOK AT LIFE WITH AN "ETERNAL PERSPECTIVE." UPPER SCHOOL STUDENTS PARTICIPATE IN GLOBAL MISSIONS TRIPS WHERE THEY ARE INVOLVED IN VOLUNTEER TEACHING, MINOR MEDICAL TREATMENT, ENGLISH PRACTICE AND BUILDING RELATIONSHIPS WITH COMMUNITIES. THE SANTA FE CHRISTIAN UPPER SCHOOL WAS RECOGNIZED BY THE U.S. DEPARTMENT OF EDUCATION AS A NATIONAL BLUE RIBBON SCHOOL IN 2017.THERE WERE 295 MIDDLE SCHOOL STUDENTS ENROLLED IN SANTA FE CHRISTIAN SCHOOLS. THE MIDDLE SCHOOL EXISTS TO FACILITATE A SMOOTH TRANSITION BETWEEN THE DEPENDENCE OF THE LOWER SCHOOL YEARS AND THE INDEPENDENCE OF THE UPPER SCHOOL YEARS. WE CALL THESE THE "BRIDGE YEARS." THE PRIMARY GOAL FOR EACH STUDENT IS TO LEARN HOW TO LEARN INDEPENDENTLY. THE ACADEMIC SKILLS THAT WERE TAUGHT IN LOWER SCHOOL YEARS ARE REINFORCED AND BUILT UPON IN THE MIDDLE SCHOOL. THE ACCUMULATION OF KNOWLEDGE IS NOT WORTH ANYTHING UNLESS ONE KNOWS HOW TO USE IT APPROPRIATELY. CRITICAL THINKING SKILLS CONTINUE TO BE DEVELOPED IN EACH STUDENT. IN ORDER FOR EDUCATION TO BE COMPLETE IT MUST BE BASED ON A STANDARD OF TRUTH. THE BIBLE IS THE STANDARD UPON WHICH THE EDUCATIONAL PROGRAM AT SFCS IS BASED. THE SANTA FE CHRISTIAN MIDDLE SCHOOL WAS RECOGNIZED BY THE US DEPARTMENT OF LABOR AS A NATIONAL BLUE RIBBON SCHOOL IN 2015.THERE WERE 284 LOWER SCHOOL AND 67 PRESCHOOL STUDENTS ENROLLED IN SANTA FE CHRISTIAN SCHOOLS. THE LOWER SCHOOL (K-5) AND PRESCHOOL PROGRAMS PROVIDE A SOLID FOUNDATION FOR A LIFETIME OF LEARNING. OUR EDUCATIONAL PHILOSOPHY IS BASED ON THE VISION OF THE SCHOOL: TO SEEK TO HONOR GOD BY PREPARING CHRISTIAN LEADERS OF TOMORROW TO SERVE THE LORD JESUS CHRIST. WHILE ADHERING TO STATE STANDARDS, SFCS INTEGRATES BIBLICAL TRUTH IN ALL SUBJECT AREAS. THE ACQUISITION OF KNOWLEDGE AND DEVELOPMENT OF SKILLS IS FOR THE PURPOSE OF BETTER EQUIPPING OUR STUDENTS TO BE EFFECTIVE CHRISTIAN LEADERS. THE SANTA FE CHRISTIAN LOWER SCHOOL WAS RECOGNIZED BY THE U.S. DEPARTMENT OF EDUCATION AS A NATIONAL BLUE RIBBON SCHOOL IN 2011. 19467648 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 47 0 1 296 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X MARNI BLAKELY CONTROLLER 8587558900 838 ACADEMY DRIVE SOLANA BEACH CA 92075 BRANDON BLACK CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 NICHOLE GOODYEAR VICE CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 JOAN STAFSLIEN SECRETARY OF THE BOARD 1.00 X X 0 0 0 ANDY OBERST TREASURER OF THE BOARD 1.00 X X 0 0 0 JOHN BOSMAN BOARD MEMBER 1.00 X 0 0 0 ROBIN COYKENDALL BOARD MEMBER 1.00 X 0 0 0 STEVE HUFFMAN BOARD MEMBER (STARTING 07/1/18) 1.00 X 0 0 0 STEVE KUPTZ BOARD MEMBER (STARTING 07/1/18) 1.00 X 0 0 0 PATRICK LENIHAN BOARD MEMBER 1.00 X 0 0 0 PAT MILES BOARD MEMBER 1.00 X 0 0 0 KEVIN WARD BOARD MEMBER 1.00 X 0 0 0 STACY WOLTER BOARD MEMBER 1.00 X 0 0 0 JEFF WOODCOCK BOARD MEMBER 1.00 X 0 0 0 JOHN YPHANTIDES BOARD MEMBER 1.00 X 0 0 0 RODERICK GILBERT HEAD OF SCHOOLS (STARTING 7/1/18) 40.00 X 239504 0 16924 SCOTT TRAVASOS CFOO 40.00 X 220669 0 36681 MATT HANNAN UPPER SCHOOL PRINCIPAL 40.00 X 160085 0 41359 ARI PETERSON DEVELOPMENT DIRECTOR 40.00 X 165392 0 13777 HANNAH PARK LOWER SCHOOL PRINCIPAL 40.00 X 150695 0 6404 TODD DEVEAU MIDDLE SCHOOL PRINCIPAL 40.00 X 144729 0 59589 SCOTT HENDRICKSON DIRECTOR OF IT 40.00 X 117591 0 23267 CHAD BICKLEY ATHLETIC DIRECTOR 40.00 X 141123 0 41024 VICKI O'ROURKE ADMISSIONS DIRECTOR 40.00 X 111030 0 5711 PAMELA ODEN UPPER SCHOOL ASSISTANT PRINCIPAL 40.00 X 113349 0 29330 JIM ADARE FORMER INTERIM HOS (THRU 6/30/18) 30.00 X 115000 0 0 TOM BENNETT FORMER HEAD OF SCHOOLS 40.00 X 206595 0 4767 1885762 0 278833 15 1 1 0 GRANT GENERAL CONTRACTORS INC 5051 AVENIDA ENCINAS CARLSBAD CA 92008 GENERAL CONTRACTOR SERVICES 3283146 ALLSALE ELECTRIC 9240 JORDAN AVE CHATSWORTH CA 91311 ELECTRIC CONTRACTOR SERVICES 212053 JIM ADARE CONSULTING LLC 275 HOMEWARD BOUND DR NORTH AUGUSTA SC 29860 INTERIM HEAD OF SCHOOLS 161000 CITY WIDE MAINTENANCE OF SAN DIEGO 4849 RONSON CT FAMILY LIFE LAB SAN DIEGO CA 92111 JANITORIAL SERVICES 160955 US SECURITY ASSOCIATES 4048 FLOWERS ROAD SUITE 200 ATLANTA GA 30360 SECURITY SERVICES 146596 6 959764 1928305 39747 2888069 TUITION AND FEES 611600 19762501 19762501 AUXILIARY SERVICES 611710 704244 704244 STEM/ROBOTICS 611710 5800 5800 20472545 296511 296511 241283 199068 42215 42215 42215 226781 959764 237595 -10814 -10814 MISCELLANEOUS REVENUE 900099 14013 14013 14013 23702539 20472545 0 341925 2074438 2074438 1252375 733990 326319 192066 10359180 8635693 1396985 326502 292110 237485 41698 12927 1945445 1725190 181453 38802 824295 666118 122334 35843 16973 991 15652 330 44360 3594 38273 2493 45000 45000 34367 34367 202402 101560 97930 2912 67331 67331 166467 75549 50643 40275 334769 251577 83192 759801 630095 121858 7848 24215 21983 1276 956 105576 65785 38146 1645 640222 640222 1602906 1522761 64116 16029 65528 28820 31464 5244 ATHLETICS/CLASS EXPENSE 1236887 1014403 31554 190930 AUXILIARY 603157 603157 PHYSICAL PLANT 220674 165599 55075 BUS/TRANSPORTATION 195015 192929 2086 18172 8378 8444 1350 23131665 19467648 2742865 921152 12034270 7122192 3006246 8031773 3230810 3021838 90350 42892 132679 272437 43854159 16135036 28062078 27719123 6176206 6182220 18194 8597 5819 5819 52756652 52406891 1636868 1350195 5953615 5900120 16378728 16764918 24355401 23629043 X 18498852 19027452 5209475 5057472 4692924 4692924 28401251 28777848 52756652 52406891 X 570874 68802 -263079 X X 0 1 X 1 0 X 2461262 2017912 6332551 4846324 2678069 18336118 2461262 2017912 6332551 4846324 2678069 18336118 2992490 15343628 214128 348289 255924 173076 296511 1287928 156615 193779 161349 321773 240794 1074310 20698356 96117246 0.74130 0.74540 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING EVENT FEES FLEXIBLE BENEFIT RECAP MISCELLANEOUS INCOME SCHEDULE A, PART II THE ORGANIZATION IS A SCHOOL AS DESCRIBED UNDER 170(B)(1)(A)(II) AND IS NOT REQUIRED TO COMPLETE A PUBLIC SUPPORT SCHEDULE. SCHEDULE A, PART II IS COMPLETED TO VERIFY THE SCHOOL CAN QUALIFY UNDER PUBLIC CHARITY STATUS SECTION 170(B)(1)(A)(VI) AND QUALIFIED TO USE THE FIRST LISTED SPECIAL RULE FOR SCHEDULE B REPORTING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6176206 247297 241283 6182220 6080618 332744 237156 6176206 5708413 607166 234961 6080618 5907532 5850 30009 235068 5708323 6046848 85684 225000 5907532 0.00000 0.75910 0.24090 0 0 5134056 5134056 31690697 11706637 19984060 179851 100440 79411 6028565 4327959 1700606 820990 820990 27719123 X 20903313 68802 -3071256 -3002454 23905767 34367 -237595 -203228 23702539 20526716 237595 237595 20289121 34367 2808177 2842544 23131665 PART V, LINE 4: THE ENDOWMENT FUNDS WERE ESTABLISHED TO AUGMENT SALARIES AND BENEFITS FOR TEACHERS AND SCHOLARSHIPS FOR MISSIONS TRIPS. PART X, LINE 2: THE SCHOOL IS A QUALIFIED NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME AND CALIFORNIA FRANCHISE TAXES UNDER THE PROVISIONS OF SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2019 AND 2018, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT AID -2,808,177. UNCOLLECTIBLE PLEDGE -210,000. AUDIT ADJUSTMENT TO RECONCILE NET ASSETS -53,079. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES -237,595. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 237,595. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 2,808,177. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S NONDISCRIMINATORY POLICY IS AVAILABLE ON THEIR WEBSITE. ADDITIONALLY, IN ALL THE SCHOOL'S ADVERTISEMENTS AND SOLICITATIONS TO PROSPECTIVE STUDENTS THERE ARE PICTURES OF THE STUDENT BODY THAT REFLECTS THE POPULATION DIVERSITY. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES VOLUNTEER TEACHING, MINOR MEDICAL TREATMENT, ENGLISH PRACTICE, RELATIONSHIP BUILDING 64274 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES VOLUNTEER TEACHING, MINOR MEDICAL TREATMENT, ENGLISH PRACTICE, RELATIONSHIP BUILDING 30657 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES VOLUNTEER TEACHING, MINOR MEDICAL TREATMENT, ENGLISH PRACTICE, RELATIONSHIP BUILDING 46290 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES VOLUNTEER TEACHING, MINOR MEDICAL TREATMENT, ENGLISH PRACTICE, RELATIONSHIP BUILDING 144407 SOUTH AMERICA 0 0 PROGRAM SERVICES VOLUNTEER TEACHING, MINOR MEDICAL TREATMENT, ENGLISH PRACTICE, RELATIONSHIP BUILDING 38458 0 0 0 0 0 0 324086 0 324086 0 0 0 0 0 0 PART I, LINE 3: THE ORGANIZATION TRACKED THE STUDENT MISSION TRIP EXPENDITURES IN ACCORDANCE WITH ACCRUAL BASIS OF ACCOUNTING. X X X X X 1 GRAHAM-PELTON CONSULTING INC 39 BEECHWOOD RD SUMMIT NJ 07901 CONSULTING ON CAPITAL CAMPAIGN 0 748111 45000 703111 748111 45000 703111 CA AUCTION 1186545 959764 226781 81980 5254 28948 16791 104622 1186545 959764 226781 81980 5254 28948 16791 104622 237595 -10814 1 ANNUAL/SEMI-ANNUAL PAYER DISCOUNT 338 91674 FMV DIRECT CREDIT TO STUDENT ACCOUNT FINANCIAL AID 319 1982764 FMV DIRECT CREDIT TO STUDENT ACCOUNT PART I, LINE 2: FINANCIAL AID RECEIVED IS PROVIDED AS A DIRECT CREDIT TO THE STUDENT'S TUITION ACCOUNT, WHICH IS MANAGED BY THE SCHOOL. X X X 1 0 0 0 0 0 0 0 0 RODERICK GILBERT HEAD OF SCHOOLS (STARTING 7/1/18) 220878 0 0 0 18626 0 9250 0 7674 0 256428 0 0 0 SCOTT TRAVASOS CFOO 220669 0 0 0 0 0 6750 0 29931 0 257350 0 0 0 MATT HANNAN UPPER SCHOOL PRINCIPAL 160085 0 0 0 0 0 5573 0 35786 0 201444 0 0 0 ARI PETERSON DEVELOPMENT DIRECTOR 165392 0 0 0 0 0 0 0 13777 0 179169 0 0 0 HANNAH PARK LOWER SCHOOL PRINCIPAL 150695 0 0 0 0 0 5922 0 482 0 157099 0 0 0 TODD DEVEAU MIDDLE SCHOOL PRINCIPAL 144729 0 0 0 0 0 1470 0 58119 0 204318 0 0 0 CHAD BICKLEY ATHLETIC DIRECTOR 141123 0 0 0 0 0 5454 0 35570 0 182147 0 0 0 JIM ADARE FORMER INTERIM HOS (THRU 6/30/18) 115000 0 0 0 0 0 0 0 0 0 115000 0 0 0 TOM BENNETT FORMER HEAD OF SCHOOLS 0 0 0 0 206595 0 0 0 4767 0 211362 0 0 0 PART I, LINE 4A TOM BENNET RECEIVED SEVERANCE OF $206,595. A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 2016-12-15 10890000 CAPITAL EXPENDITURES 0 0 0 B CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 2013-09-19 11172086 REFINANCE AND CAPITAL EXPENDITURES 0 0 0 A 2774687 10890000 124616 10765384 0 0 1 1 B 2443390 11172086 110058 1999950 9062078 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 1 0 1 0 0 0 0 B 0 0 1 0 1 0 0 0 0 A 0 B 0 31789 TUITION ASSISTANCE TUITION REMISSION X 4 24952 FMV X MISCELLANEOUS RECREATIONAL ITEMS 4 14795 FMV 0 1 0 PART I, COLUMN (B): THIS NUMBER REFLECTS THE NUMBER OF CONTRIBUTORS NOT THE NUBMER OF ITEMS CONTRIBUTED FORM 990, PART VI, SECTION A, LINE 6 A PARENT WHOSE STUDENT CURRENTLY ATTENDS THE SCHOOL IS A MEMBER. ALL MEMBERS HAVE THE SAME RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS, THE PARENTS, VOTE ON THE NEW BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS ALSO VOTE ON ANY CHANGES TO THE BYLAWS THAT AFFECT THE COMPOSITION OF THE BOARD OF DIRECTORS. ALL MEMBERS HAVE THE SAME VOTING RIGHTS. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT CPA FIRM PREPARED THE FORM 990. THE ORGANIZATION'S CFOO REVIEWED THE RETURN IN DETAIL. THE CFOO THEN PRESENTED THE FORM 990 TO THE BOARD OF DIRECTORS FOR FINAL REVIEW. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS AND COMMITTEE MEMBERS ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THE INDIVIDUAL: A) RECEIVED A COPY OF THE POLICY B) HAS READ AND UNDERSTOOD THE POLICY C) AGREES TO COMPLY WITH THE POLICY D) UNDERSTANDS THAT THE POLICY APPLIES TO ALL COMMITTEES E) UNDERSTAND THAT SFCS IS A CHARITABLE ORGANIZATION AND THAT TO MAINTAIN THE TAX EXEMPT STATUS OF THE ORGANIZATION, SCFS MUST CONTINUOUSLY ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. ALL "INTERESTED PERSONS" MUST DISCLOSE TO THE BOARD OR COMMITTEE OF WHICH THEY ARE A MEMBER ALL FINANCIAL INTERESTS AND BOARD MEMBERSHIPS AND ALL MATERIAL FACTS RELATING TO ANY ORGANIZATION ENTERING INTO A TRANSACTIONS OR ARRANGEMENT WITH SFCS WHICH MAY RESULT IN A CONFLCT OF INTEREST. THE POLICY IS REVIEWED ANNUALLY AT EACH BOARD MEETING AND BOARD MEMBERS ARE ASKED SPECIFCALLY TO DISCLOSE ANY POTENTIALS FOR CONFLICTS OF INTEREST. SHOULD ANY POTENTIAL CONFLICTS OF INTEREST BE DISCLOSED, THE BOARD MEMBER OR OFFICER WOULD BE ASKED TO REFRAIN FROM PARTICIPATION IN ANY DELIBERATION OR DECISION WITH REGARD TO MATTERS AFFECTED BY THE RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE HEAD OF SCHOOL AND CFOO IS DETERMINED ANNUALLY BY AN INDEPENDENT BOARD COMPENSATION COMMITTEE USING COMPARABLE STUDIES AND THEN PRESENTING THEIR RECOMMENDATION TO THE BOARD OF DIRECTORS FOR APPROVAL. THIS PROCESS IS DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE PLEDGE -210,000. AUDIT ADJUSTMENT TO RECONCILE NET ASSETS -53,079. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF ITS INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.