2020-06-25T15:13:55-05:00 2019-06-30 581763439 WINDHAM BRANNON LLC 3630 PEACHTREE RD NE SUITE 600 ATLANTA GA 30326 990 2018-07-01 582410129 THE SWIFT LEARNING CENTER INC SWIF 6782054988 300 GRIMES BRIDGE ROAD ROSWELL GA 30075 PAUL FOLTZ ASSOCIATE HEAD OF SCHOOL 6782054988 2020-06-23 1 DEBORAH L PRIEST CPA P00148240 4048982000 2020-06-23 12.7.232.99 2020-06-23 15:06:26 ED P DB434C1ED3C610CE7D94641C196A119C5D53C3A1 EA217EFB791F9CB07F03BC8989EDDA5CB3F206EB 2018 2021-01-29 14:40:06Z THE SWIFT SCHOOL INC RICHARD WENDLEK 300 GRIMES BRIDGE ROAD ROSWELL GA 30075 5764304 0 X WWW.THESWIFTSCHOOL.ORG X 1998 GA TO PREPARE CHILDREN WITH DYSLEXIA & RELATED LANGUAGE-BASED LEARNING DIFFERENCES TO BE SUCCESSFUL IN LIFE. WE WILL STRIVE TO ACCOMPLISH THIS MISSION BY TEACHING THEM SPECIFIC LEARNING STRATEGIES AND BY IDENTIFYING AND FULLY DEVELOPING THEIR TALENTS. TO DO SO, WE WILL CREATE AN ENVIRONMENT THAT IS EXCITING, CHALLENGING, AND SUPPORTIVE. 12 12 108 35 0 0 613841 203253 6733188 5500585 7409 47740 10867 7386 7365305 5758964 277154 185500 0 0 4837460 4153716 97276 0 34331 1625338 1452955 6837228 5792171 528077 -33207 14835231 14103807 9299327 8601110 5535904 5502697 TO PREPARE CHILDREN WITH DYSLEXIA & RELATED LANGUAGE-BASED LEARNING DIFFERENCES TO BE SUCCESSFUL IN LIFE BY TEACHING SPECIFIC LEARNING STRATEGIES AND FULLY DEVELOPMENT STUDENT TALENTS. 0 0 3773358 185500 5500585 EDUCATING CHILDREN WITH MILD TO MODERATE LEARNING DIFFICULTIES IN READING, SPELLING, WRITING, PHONEME AWARENESS, AND LANGUAGE PROCESSING/EXPRESSION. 3773358 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 37 0 1 108 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 GA X PAUL FOLTZ 6782054988 300 GRIMES BRIDGE RD ROSWELL GA 30075 LAURA RIES TRUSTEE 1.00 X 0 0 0 SCOTT FRANK CHAIRMAN 5.00 X X 0 0 0 JEFFERY KUDLATA VICE CHAIRMAN - SECRETARY 3.00 X X 0 0 0 MICHAEL WRIGHT TREASURER 3.00 X X 0 0 0 SCOTT CONNER TRUSTEE 1.00 X 0 0 0 LESLIE MUNSON TRUSTEE 1.00 X 0 0 0 DONALD PAUL TRUSTEE 1.00 X 0 0 0 MAIA WALTON TRUSTEE 1.00 X 0 0 0 KIM HUFFMAN TRUSTEE 1.00 X 0 0 0 CHRIS MARTIN TRUSTEE 1.00 X 0 0 0 RANDALL MCCROSKEY TRUSTEE 1.00 X 0 0 0 JOSIE REDWINE TRUSTEE 1.00 X 0 0 0 RICHARD WENDLEK EXEC.DIRECTOR 55.00 X 280540 0 59120 PAUL FOLTZ ASSOCIATE HEAD OF SCHOOL 55.00 X 163442 0 6000 443982 0 65120 2 0 1 0 A TASTY TOUCH 1341 WINBORN CIR NW KENNESAW GA 30152 LUNCH SERVICE FOR STUDENTS 141123 1 7291 195962 203253 TUITION & FEES 611600 5500585 5500585 5500585 47740 47740 12726 5340 7386 7386 5758964 5500585 0 55126 185500 185500 518257 518257 3102490 2151410 951080 18416 18416 224525 164887 59638 290028 220232 69796 2540 2540 25974 25974 97080 32 97048 29605 29605 21680 20285 1377 18 261577 196884 64693 223210 185264 37946 50507 45568 4939 SCHOOL SUPPLIES & ACTIV 332436 309222 16452 6762 EQUIPMENT EXPENSES 101604 91820 9784 TELEPHONE & UTILITIES 86301 59282 27019 JANITORIAL 69000 51750 17250 151441 61617 62273 27551 5792171 3773358 1984482 34331 5715606 5300903 331407 176261 3164 7220 52824 44582 6419383 2376542 4200230 4042841 4532000 4532000 14835231 14103807 297051 207880 2863363 2553810 5546880 5295693 592033 543727 9299327 8601110 X 5517240 5483922 18664 18775 5535904 5502697 14835231 14103807 -33207 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18664 111 18775 1.00000 0 0 918255 918255 3101441 935609 2165832 1717929 878856 839073 637890 562077 75813 43868 43868 4042841 LAND HELD FOR SALE 4532000 4532000 DEFERRED COMPENSATION 543727 543727 X 5573895 431 431 5573464 185500 185500 5758964 5607102 431 431 5606671 185500 185500 5792171 PART X, LINE 2: THE SCHOOL IS A QUALIFIED 501(C)(3) NOT-FOR-PROFIT ENTITY AND HAS NO INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX; THEREFORE NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THESE FINANCIAL STATEMENTS. MANAGEMENT OF THE SCHOOL CONSIDERS THE LIKEHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR, INCLUDING CHANGES TO THE SCHOOL'S STATUS AS A NOT-FOR-PROFIT ENTITY. MMANAGEMENT BELIEVES THAT THE SCHOOL MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NO INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX; THEREFORE NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THESE FINANCIAL STATEMENTS. THE SCHOOL'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE NETTED WITH REVENUE 5,340. FUNDRAISING REVENUE INCLUDED IN EXPENSE -4,909. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE NETTED WITH EXPENSE ON FINANCIAL STATEMENTS 185,500. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE NETTED WITH REVENUE 5,340. FUNDRAISING REVENUE INCLUDED IN EXPENSE -4,909. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE NETTED WITH REVENUE ON FINANCIAL STATEMENTS 185,500. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 RACIAL NONDISCRIMINATION POLICY IS INCLUDED IN ADMISSIONS DOCUMENTS, SCHOOL LITERATURE, FUNDRAISING DOCUMENTS, WEBSITE, FINANCIAL REPORTS AND THE ANNUAL REPORT. 1 SWIFT TUITION SCHOLARSHIPS 40 185500 0 X X X 0 0 0 0 0 0 0 0 0 RICHARD WENDLEK EXEC.DIRECTOR 260000 0 20540 0 0 0 0 0 59120 0 339660 0 0 0 PAUL FOLTZ ASSOCIATE HEAD OF SCHOOL 162902 0 540 0 0 0 0 0 6000 0 169442 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ANNUAL AUDIT AND THE ACCOMPANYING FINANCIAL STATEMENTS ARE REVIEWED WITH THE CPA FIRM BY THE SCHOOL'S TREASURER, FINANCE COMMITTEE, HEAD OF SCHOOL AND BUSINESS MANAGER. THE PACKAGE IS AGAIN REVIEWED BEFORE AND BY THE ENTIRE BOARD OF TRUSTEES AT A REGULARLY SCHEDULED FALL MEETING OF THE BOARD. APPROVAL BY MOTION, SECOND AND VOTE TO APPROVE ACCEPTANCE IS PERFORMED. UPON ACCEPTANCE THE BUSINESS MANAGER INITIATES THE PROCESS TO ENGAGE THE AUDITING FIRM TO BEGIN PREPARATION OF THE 990. THE COMPLETED FORM 990 IS REVIEWED BY THE BUSINESS MANAGER, TREASURER, AND HEAD OF SCHOOL PRIOR TO SUBMITTAL TO THE IRS, IF TIME PERMITS, OR AFTERWARDS TO ENSURE COMPLETENESS AND ACCURACY. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE ROUTINELLY ASKED TO NOTIFY THE ORGANIZATION OF ANY BUSINESS RELATIONSHIPS WITH THE ORGANIZATION. THESE RELATIONSHIP ARE DISCUSSED WITH THE AUDITORS AND DISCLOSED IN THE FINANCIAL STATEMENTS IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD ENGAGES CONSULTING FIRMS TO FILL THE EXECUTIVE DIRECTOR POSITION. THE EXECUTIVE DIRECTOR'S SALARY IS SET BASED ON RECOMMENDATIONS OF THE CONSULTING FIRM. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990, ALONG WITH ANY OTHER OFFICIAL DOCUMENS, IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE BUSINESS OFFICE OR ADVANCEMENT OFFICE. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT AND SELECTION PROCESS REGARDING ITS INDEPENDENT AUDITORS