2020-08-13T16:21:46-05:00 2019-09-30 363990892 Capin Crouse LLP 2435 Research Parkway STE 200 Colorado Springs CO 80920 990 2018-10-01 956072567 ASSOCIATION OF CHRISTIAN SCHOOLS INT'L ASSO 7195286906 731 Chapel Hills Drive COLORADO SPRINGS CO 80920 Kevin Buelke CFO 7195286906 2020-08-13 1 Ashley Peabody P01385870 7195286225 139.146.132.42 2020-08-13 17:21:39 ED P 3B22AEBB775B2DF5D3639CF1FD83C4344C094DD6 D540A39FD492B1FEBBED665F2A2F57354A96AA6A 2018 2020-11-06 18:47:13Z Larry Taylor 731 Chapel Hills Drive COLORADO SPRINGS CO 80920 22566408 0 X www.acsi.org X 1965 CA To promote and form a philosophy of Christian education as based upon holy scriptures. 12 12 177 767 0 0 645327 702619 12004128 12069640 60609 89752 5054330 4972454 17764394 17834465 930848 978904 0 0 9605965 8801024 0 0 251059 6955854 7673870 17492667 17453798 271727 380667 18439105 18742731 8071250 7994209 10367855 10748522 X ACSI exists to strengthen Christian schools and equip Christian educators worldwide as they prepare students academically and inspire students to become devoted followers of Jesus Christ. 0 0 9415617 978904 9345075 ACSI strengthens Christian schools and equips Christian educators by providing member services for the world's largest community of Christian Schools and Educators. ACSI's members are dedicated to providing Christ-centered education. Member services include: connecting and encouraging Christian school leaders and educators, school accreditation and teacher certification, various student activities, tracking, analysis and communication regarding legal/legislative issues, career center/teacher placement, membership directory, and research and thought leadership activities. 2708743 4941485 ACSI cultivates transformation through educational resources. ACSI produces research-based, biblically integrated textbooks and other educational resources, provides assessment products and services and provides training and support related to both. 2098255 2724565 ACSI furthers its mission through professional development provided to Christian school leaders and educators using live events and an online platform. PD Forums are a live, annual, celebratory learning experience that brings together a wide spectrum of Christian educators to transform their approach to teaching. Administrators and early educator conferences bring a similar experience for those respective niches. ConNEXUS Premium offers on demand professional development for Christian educators. 62646 OTHER PROGRAMS:ACSI's scholarship program supports educational choice and innovation through school vouchers, scholarship tax credit programs, and education savings accounts that provide parents the opportunity to choose a Christ-centered education for their children. 62646 14285261 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 198 0 1 177 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AK CA CO FL GA HI KY MA MI MN NC NJ NV NY RI TN VA WA WI WV X Kevin Buelke 7195286906 731 Chapel Hills Drive Colorado Springs CO 80920 Timothy Greener Chairman (part year) & Board Member 1.00 2.00 X X 0 0 0 Robert Gutzwiller Secretary (part year) & Chairman 1.00 2.00 X X 0 0 0 Joel Farlow Vice Chairman (part year) 1.00 1.00 X X 0 0 0 Jay Ferguson Vice Chairman 1.00 2.00 X X 0 0 0 Carl Martinez Secretary 1.00 1.00 X X 0 0 0 H Ron White Treasurer (part year) 1.00 2.00 X X 0 0 0 Linda Harrelson Treasurer 1.00 2.00 X X 0 0 0 Rick Kempton Board Member 1.00 1.00 X 0 0 0 Thomas Penland Board Member 1.00 1.00 X 0 0 0 Cheryl Washington Board Member (part year) 1.00 2.00 X 0 0 0 Thomas Wittkamper Board Member (part year) 1.00 2.00 X 0 0 0 Todd Marrah Board Member 1.00 1.00 X 0 0 0 Solano Portela Board Member 1.00 1.00 X 0 0 0 Nate Johnson Board Member 1.00 1.00 X 0 0 0 Jerry Nelson Board Member 1.00 1.00 X 0 0 0 Kurt Unruh Board Member 1.00 1.00 X 0 0 0 Stephen Reel Interim CEO (part year) 38.00 2.00 X 174637 0 24267 Larry Taylor CEO 38.00 2.00 X 0 0 0 Kevin Buelke CFO 37.00 3.00 X 101789 0 20862 Steve Babbitt VP of Sales and Marketing 40.00 X 123059 0 18615 Mike Epp Sr VP Global 40.00 X 120411 0 21915 Steve Dill Executive Director, ACSI Education Foundation 39.00 1.00 X 116938 0 18110 David Balik VP USA 40.00 X 112508 0 17202 Jeffrey Mattner Senior Director 40.00 X 111841 0 16602 861183 0 137573 15 0 1 0 Palmetto Fortis Marketing LLC 850 Wade Hamption Blvd Building A Greenville SC 29609 Outsourced textbook sales 819996 Magneti Marketing Inc 612 N Tejon St Colorado Springs CO 80903 Marketing and communications services 402131 Protech Associates 5457 Twin Knolls Rd Suite 400 Columbia MD 21045 Software and implementation services 379593 3 177000 525619 702619 Member Services 900099 9345075 9345075 Professional Developme 900099 2724565 2724565 12069640 93408 93408 49076 49076 3656 -3656 -3656 -3656 9620696 4728287 4892409 4892409 30969 30969 30969 17834465 17011125 0 120721 X 9964 9964 968940 968940 367335 367335 6443551 5628792 684179 130580 259469 219868 32360 7241 1224557 1058131 149824 16602 506112 421714 74028 10370 67119 41043 26076 43790 43790 2253672 1780969 427212 45491 443780 408591 31307 3882 935714 449422 475735 10557 314168 290875 23293 1082811 904865 167080 10866 1761928 1729440 17018 15470 436480 204456 232024 67624 2888 64736 Bad debt expense 40081 40081 226703 165303 61400 17453798 14285261 2917478 251059 X 2699064 2330205 1235000 1435443 1578230 1293005 486444 278253 7924295 3884423 4415275 4039872 4514023 6034856 3511069 3331097 18439105 18742731 2086302 1605747 15838 0 5969110 6388462 8071250 7994209 X 10185391 10593643 182464 154879 10367855 10748522 18439105 18742731 380667 0 X X 0 1 X 1 0 X 155788 3646969 669469 645327 702619 5820172 3223588 22264548 19827084 21511360 21690336 88516916 3379376 25911517 20496553 22156687 22392955 94337088 3000 7190 9055 18115 11540 48900 0 3000 7190 9055 18115 11540 48900 94288188 22586 135262 131934 121134 142484 553400 22586 135262 131934 121134 142484 553400 9208 6897 16105 54772 32860 29426 22360 30969 170387 3465942 26079639 20657913 22307078 22566408 95076980 0.99170 0.98860 0.00580 0.00570 X Schedule A, Part III, Line 12, Explanation of Other Income: Miscellaneous Income - 2014 Amount: $ 54,115. 2018 Amount: $ 30,969. Mailing Services - 2014 Amount: $ 657. 2015 Amount: $ 32,860. 2016 Amount: $ 29,426. 2017 Amount: $ 22,360. Schedule A, Part III: The organization is a public charity under section 509(a)(2) and completes Schedule A (Form 990), Part III. The organization has analyzed Schedule A (Form 990), Part II and established that it meets the 33 1/3% public support requirements under sections 509(a)(1) and 170(b)(1)(A)(vi), thus it qualifies to use the first listed special rule for Schedule B (Form 990) reporting. Schedule A, Part III, Columns (a) - (e): Per the instructions public support is measured using a 5-year computation period that includes the current and four prior tax years (including short years). The organization had a short year in 2015. The below chart clarifies the information represented in Schedule A, Part III: Column (a) - Three month period ending 9/30/2015 Column (b) - Fiscal year ending 9/30/2016 Column (c) - Fiscal year ending 9/30/2017 Column (d) - Fiscal year ending 9/30/2018 Column (e) - Fiscal year ending 9/30/2019 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 648103 648103 5387677 2460450 2927227 781382 532662 248720 1107133 891311 215822 4039872 Textbook Development Costs 3331097 3331097 22590356 27604 4728287 4755891 17834465 0 17834465 22209689 27604 4728287 4755891 17453798 0 17453798 Part XI, Line 2d - Other Adjustments: Cost of goods sold 4,728,287. Part XII, Line 2d - Other Adjustments: Cost of goods sold 4,728,287. 1 Europe (Including Iceland & Greenland) 0 0 Grantmaking and grant administration 335241 Central America and the Caribbean 0 0 Grantmaking and grant administration 98654 East Asia and the Pacific 0 0 Grantmaking and grant administration 176582 Sub-Saharan Africa 0 0 Grantmaking and grant administration 220997 South America 0 0 Grant making and grant administration 66899 South Asia 0 0 Grant making and grant administration 54832 North America 0 0 Grant making and grant administration 15735 East Asia and the Pacific 0 0 Program Services Travel 16232 South America 0 0 Program Services Travel 6041 Europe (Including Iceland & Greenland) 0 0 Program Services Travel 11934 Sub-Saharan Africa 0 0 Program Services Travel 1768 South Asia 0 0 Program Services Travel 11319 Central America and the Caribbean 0 0 Program Services Travel 2380 0 0 0 0 0 0 985172 33442 1018614 Europe (Including Iceland & Greenland) Operation support including conferences and educational resources 258119 EFT Europe (Including Iceland & Greenland) Operation support including conferences and educational resources 76825 EFT Central America and the Caribbean Operation support including conferences and educational resources 96161 EFT East Asia and the Pacific Operation support including conferences and educational resources 46261 EFT East Asia and the Pacific Operation support including conferences and educational resources 74335 EFT East Asia and the Pacific Operation support including conferences and educational resources 24671 EFT Sub-Saharan Africa Operation support including conferences and educational resources 25000 EFT Sub-Saharan Africa Operation support including conferences and educational resources 18880 EFT Sub-Saharan Africa Operation support including conferences and educational resources 11958 EFT Sub-Saharan Africa Operation support including conferences and educational resources 52296 EFT South America Operation support including conferences and educational resources 41899 EFT South America Operation support including conferences and educational resources 24500 EFT Sub-Saharan Africa Operation support including conferences and educational resources 23438 EFT Sub-Saharan Africa Operation support including conferences and educational resources 20400 EFT North America Operation support including conferences and educational resources 15735 EFT East Asia and the Pacific Operation support including conferences and educational resources 16500 EFT South Asia Operation support including conferences and educational resources 53527 EFT 16 1 Operation support including conferences and educational resources Sub-Saharan Africa 2 64435 EFT 0 0 0 0 0 0 Part I, Line 2: Grant funds are substantiated through quarterly financial reporting and periodic audits. Grant programs are monitored by the Finance and Global departments. Site visits by an ACSI Vice President and/or Program Director are also part of the program monitoring and administration. Part I, line 3: Foreign expenditures are accounted for by accrual based accounting. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 Stephen Reel Interim CEO (part year) 173672 0 0 0 965 0 8955 0 16063 0 199655 0 0 0 Part I, Line 1a The Interim CEO, Stephen Reel, received spousal travel and a housing stipend during calendar year 2018. Both were included in his taxable income. By policy all other officers and highly compensated employees are eligible for a spousal travel benefit if they travel more than 35 days per year. This benefit is included in their taxable income. Form 990, Part VI, Section A, line 6 Preschools, elementary, middle or junior high schools, and/or high schools and colleges may pay dues to become members of ACSI upon subscribing to the Statement of Faith and meeting any other requirements as established by the Board. Such membership grants voting rights based on the number of school administrators for regional, country, or district councils. Form 990, Part VI, Section B, line 11b The Form 990 was prepared by an independent CPA firm, reviewed by the CFO in detail, and then provided to all board members to review and question for a reasonable amount time before officially filing. Form 990, Part VI, Section B, line 12c There is annual written affirmation of the "conflict of interest policy" by each board member and officer. The CEO is accountable to the board. All Vice Presidents are under the oversight of the CEO. All staff level below Vice Presidents report to the supervisor and the appropriate Vice President. Conflicts of interest determined at the Vice President or CEO level are brought to the board for review and approval. The policies are reviewed by the board's external legal counsel. Any person with a conflict excuses his or herself from the decision making process. Form 990, Part VI, Section B, line 15 The Personnel Committee uses compensation data from "Compensation Resources" to help determine appropriate salary & benefits for the CEO. That information is then shared with the full board, and the full board approves the full compensation for the CEO. Approval of the CEO's compensation is recorded in the board minutes. The process was completed during the tax year. Comparative data is gathered from an independent firm that provides salary survey information. Officers' salaries (VP of Finance) are determined, approved, and documented by the CEO. Other salaries are determined by department Vice President using the same process. All compensation levels are included in the annual budget approved each year by the independent board. Form 990, Part VI, Section C, line 19 The financial statements are available upon request. The conflict of interest policy and governing documents are not open to the public. Form 990, Part IX, line 11g Other Fees for Services: Program service expenses 1,780,969. Management and general expenses 427,212. Fundraising expenses 45,491. Total expenses 2,253,672. Form 990, Part X, Lines 27-29 In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 09/30/2019. The 2018 Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $10,593,643 Line 29 - Net assets with donor restrictions $ 154,879 Total net assets $10,748,522 ACSI Capital Corporation 731 Chapel Hills Dr Colorado Springs CO 80132 201311949 Provide tax exempt financing CO 501(c)(3) Line 12a, I Association of Christian Schools International 0 ACSI Education Foundation 731 Chapel Hills Dr Colorado Springs CO 80132 300412105 Support the work of Assoc of Christian Schools Int'l VA 501(c)(3) Line 12a, I Association of Christian Schools International 0 ACSI Children Education Fund Inc 731 Chapel Hills Dr Colorado Springs CO 80132 474074093 Scholarship grants VA 501(c)(3) Line 7 ACSI Education Foundation 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 ACSI Education Foundation C ACSI Capital Corporation C ACSI Education Foundation N ACSI Capital Corporation N ACSI Children Education Fund N ACSI Education Foundation O ACSI Capital Corporation O ACSI Children Education Fund O ACSI Education Foundation Q ACSI Children Education Fund Q