2019-04-15T16:16:29-05:00 2018-05-31 751044330 LANE GORMAN TRUBITT LLC 2626 HOWELL ST SUITE 700 DALLAS TX 75204 990 2017-06-01 751507280 JUNE SHELTON SCHOOL & EVALUATION CENTER JUNE 9727741772 15720 HILLCREST ROAD DALLAS TX 75248 GLEN BROWN CFO 9727741772 2019-04-15 1 KEVIN WARNEKE CPA P01294950 2148717500 74.202.44.50 2019-04-15 10:20:39 CD P 4E957E137C0DA7269A9962E60BC4734AB919DB11 C6F229320B7DA29A57CD0AF8C78D5BEE5D71D6D5 2017 2019-02-21 02:37:17Z SUZANNE STELL 15720 HILLCREST ROAD DALLAS TX 75248 30440059 0 X WWW.SHELTON.ORG X 1976 TX SEE PART III. 41 38 433 227 0 0 1685249 1405482 26535333 28107517 3004 0 357984 501634 28581570 30014633 1182414 1636013 0 0 19065120 20451565 37556 39322 406681 6696638 7437612 26981728 29564512 1599842 450121 34205304 34980702 26883865 27065126 7321439 7915576 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 23700537 1636013 26543954 SHELTON SCHOOL IS AN INDEPENDENT, NONSECTARIAN, COEDUCATIONAL, NONPROFIT SCHOOL WHOSE PURPOSE IS TO PROVIDE EXCELLENCE IN EDUCATION TO STUDENTS OF AVERAGE TO ABOVE-AVERAGE INTELLIGENCE WITH LEARNING DIFFERENCES FROM PRESCHOOL THROUGH GRADE 12. THE SCHOOL OFFERS A COMPREHENSIVE CURRICULUM WITH A STRONG ACADEMIC ORIENTATION AND A NURTURING FAMILY ATMOSPHERE THAT CONSIDERS THE PHYSICAL, INTELLECTUAL, EMOTIONAL AND SOCIAL GROWTH OF EACH STUDENT. SHELTON SERVED 931 STUDENTS THIS PAST YEAR. 86% OF THOSE STUDENDTS ENTERED INTO A 4-YEAR COLLEGE PROGRAM. 2489855 2096142 THE OUTREACH PROGRAM EXTENDS SHELTON'S APPROACHES TO THOSE BEYOND ITS STUDENT BODY. SERVICES INCLUDE SUMMER SCHOOL, TEACHER TRAINING, TUTORING PROGRAM IN READING / WRITING / SPELLING, ONLINE TRAINING, PRESENTATIONS AT CONFERENCES AND WORKSHOPS, AND COLLABORATIVE PROGRAMS WITH COLLEGES AND UNIVERSITIES. THE SPEECH CLINIC PROVIDES SERVICES FOR COMMUNITY CHILDREN AND ADULTS, BOTH ON AND OFF CAMPUS. SERVICES INCLUDES INDIVIDUAL / GROUP THERAPY, STAFF DEVELOPMENT FOR PROFESSIONALS, AND SCREENINGS FOR OTHERSCHOOLS. THE EVALUATION CENTER PROVIDES A VARIETY OF EVALUATIONS TO THE COMMUNITY. PSYCHOEDUCATIONAL, NEUROPSYCHOLOGICAL, AND PSYCHOLOGICAL CLIENTS ARE SEEN AND EVALUATED FOR LEARNING DISABILITIES AND RELATED DISORDERS. 26190392 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 1 67 1 1 433 1 0 0 0 0 0 1 1 0 0 X 41 38 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X GLEN BROWN 9727741772 15720 HILLCREST ROAD DALLAS TX 75248 GARY L WEBB CHAIRMAN 1.00 2.00 X X 0 0 0 JAMES B REEDER CHAIRMAN EMERITUS 1.00 1.00 X X 0 0 0 SUZANNE STELL EXECUTIVE DIRECTOR / CEO 40.00 2.00 X X 260193 0 30691 GLEN BROWN CHIEF FINANCIAL OFFICER/TREASURER 40.00 2.00 X X 193541 0 4258 JOYCE S PICKERING HUMD EXECUTIVE DIRECTOR EMERITA 40.00 2.00 X X 136972 0 4244 LEON KAPLAN SECRETARY 1.00 X X 0 0 0 PAUL NEUBACH MD VICE CHAIRMAN 1.00 1.00 X X 0 0 0 BARBARA NOVOTNY TRUSTEE 1.00 X 0 0 0 BENTON W MARKEY TRUSTEE 1.00 1.00 X 0 0 0 BERT BLAIR TRUSTEE 1.00 X 0 0 0 BOBBIE SPARKS WILLIAMS TRUSTEE 1.00 X 0 0 0 BRAD REEVES TRUSTEE 1.00 X 0 0 0 CHARLOTTE JONES ANDERSON TRUSTEE 1.00 X 0 0 0 CHRISTOPHER K DREILING MD TRUSTEE 1.00 X 0 0 0 CHRISTOPHER GEYMULLER TRUSTEE 1.00 X 0 0 0 CHARLES G DANNIS TRUSTEE 1.00 X 0 0 0 CLIFFORD HAHNE TRUSTEE 1.00 X 0 0 0 DAVID R MARTINEAU TRUSTEE 1.00 X 0 0 0 DAVID T HELFFRICH JR TRUSTEE 1.00 X 0 0 0 DIANE BYRD TRUSTEE 1.00 X 0 0 0 EDWARD J HEFFERNAN TRUSTEE 1.00 X 0 0 0 EDWIN S BELL TRUSTEE 1.00 X 0 0 0 HEATHER HUNT GRAHAM TRUSTEE 1.00 X 0 0 0 HOLLY VITULLO TRUSTEE 1.00 X 0 0 0 J CROZIER BROWN TRUSTEE 1.00 X 0 0 0 JANICE C RYAN TRUSTEE 1.00 X 0 0 0 JOHN L ASPINWALL TRUSTEE 1.00 X 0 0 0 KEITH WILLIAMS TRUSTEE 1.00 X 0 0 0 KEN LUCE TRUSTEE 1.00 X 0 0 0 KENNETH J HUGHES TRUSTEE 1.00 X 0 0 0 MARK C CARNEY TRUSTEE 1.00 X 0 0 0 NANCY DIEBOLT TRUSTEE 1.00 X 0 0 0 PATRICIA A PACE TRUSTEE 1.00 X 0 0 0 STEVEN K DEWOLF TRUSTEE 1.00 X 0 0 0 SUSAN GRIFFITHS TRUSTEE 1.00 X 0 0 0 THEODORE R CASEY TRUSTEE 1.00 X 0 0 0 TERESA L WEST TRUSTEE 1.00 X 0 0 0 VERONICA LEWIS TRUSTEE 1.00 X 0 0 0 WILLIAM F RAPIER TRUSTEE 1.00 X 0 0 0 WILLIAM K CONLON TRUSTEE 1.00 X 0 0 0 PHILLIP F WIGGINS TRUSTEE 1.00 1.00 X 0 0 0 NANCY COFFMAN DIRECTOR OF OUTREACH 40.00 X 142080 0 18983 LINDA KNEESE HEAD OF SCHOOL 40.00 X 117811 0 16066 LAURE AMES DIRECTOR OF EVALUATION CENTER 40.00 X 107653 0 15295 958250 0 89537 6 0 1 0 SAGE DINING SERVICES 1402 YORK ROAD LUTHERVILLE MD 21093 DINING/FOOD SERVICE 645549 ENTRUST ONE FACILITY SERVICES INC 11142 SHADY TRAIL DALLAS TX 75229 JANITORIAL SERVICES 243691 SIGNATURE RENOVATIONS GROUP LLC 14350 PROTON RD FARMERS BRANCH TX 75244 ROOF REPAIR 192734 DINI SPHERIS INC 2727 ALLEN PKWY 650 HOUSTON TX 77019 CONSULTING SERVICES 190393 TDINDUSTRIES 13850 DIPLOMAT DR DALLAS TX 75234 MAINTENANCE SERVICE - HVAC 169587 7 477624 927858 488215 1405482 TUITION 900099 25351995 25351995 EVALUATION & OUTREACH 900099 2096142 2096142 APPLICATION FEES 900099 340792 340792 PARENT ASSOCIATION PROCEEDS 900099 318588 318588 28107517 357781 477624 395373 -37592 -37592 36700 30053 6647 6647 OTHER SUPPORT GROUP PROCEEDS 900099 313633 313633 OTHER INCOME 900099 188754 188754 THEATRE INCOME 900099 30192 30192 532579 30014633 28640096 0 -30945 54092 54092 1581921 1581921 831306 420982 334509 75815 16342373 15754701 366546 221126 800000 320432 475160 4408 1244278 578454 658883 6941 1233608 1180735 35578 17295 14348 1250 13098 64380 64380 39322 39322 23718 23718 584863 461992 113203 9668 41932 38222 2313 1397 683971 510734 156899 16338 1690872 1344672 346200 249899 221336 20506 8057 97341 61662 34803 876 611620 611620 313183 188683 124500 DINING 862842 818407 44435 REPAIRS AND MAINTENANCE 781835 781366 469 CLASSROOM EXPENSES 773439 749832 23607 DUES AND SUBSCRIPTIONS 244383 180685 58290 5408 398986 328614 70342 30 29564512 26190392 2967439 406681 6703984 7383586 18638595 18985145 46900 36500 319288 184398 18224606 12378278 6072091 5846328 2424446 2544745 34205304 34980702 3225955 2948931 23234554 23903077 423356 213118 26883865 27065126 X 7321439 7915576 7321439 7915576 34205304 34980702 450121 144016 0 X X 0 1 X 1 0 X 7078543 60920 645017 61534 7722946 6697785 57700 814978 491920 7078543 6874388 144358 -188803 132158 6697785 6442451 277916 256973 1130 101822 6874388 5747159 284827 488159 77694 6442451 0.67200 0.03900 0.28900 0 1 1 8771413 7093967 1677446 7872047 5284311 2587736 1581146 1581146 5846328 CAPITAL LEASE COMPUTER CURRENT 213118 213118 X 28373987 144016 144016 28229971 23718 1760944 1784662 30014633 27779850 0 27779850 23718 1760944 1784662 29564512 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 $300,000 AS OF MAY 31, 2018. THE BEGINNING OF YEAR BALANCE FOR COLUMN (E) PRIOR YEAR INCORPORATES PRIOR PERIOD ADJUSTMENTS TOTALING $968,527 RECORDED IN THE AUDITED GAAP FINANCIAL STATEMENTS IN RELATION TO THE CHANGE IN ACCOUNTING METHOD FROM MODIFIED CASH BASIS TO ACCRUAL METHOD OF ACCOUNTING AND PROPER REALLOCATION OF FIXED ASSETS AMONG RELATED ENTITIES FOR PRESENTATIONAL PURPOSES. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE FOLLOWING IS THE TEXT FROM THE FOOTNOTES OF THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS: 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, 2018 AND 2017, 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 4B - OTHER ADJUSTMENTS: RECLASS OF FINANCIAL AID, NETTED WITH REVENUE 1,581,921. FUNDRAISING EXPENSES NETTED WITH REVENUE 179,023. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF FINANCIAL AID, NETTED WITH REVENUE 1,581,921. FUNDRAISING EXPENSES NETTED WITH REVENUE 179,023. 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 DMN 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 40 ALPHARETTA GA 30022 CONSULTING 0 88864 39322 50630 88864 39322 50630 TX AUCTION 835405 477624 357781 197854 57554 43542 50550 45873 835405 477624 357781 197854 57554 43542 50550 45873 395373 -37592 36700 26200 3853 1 0.96000 36700 26200 3853 30053 6647 TX 0 SEE PART IV. 0 0 0 1.00000 GLEN BROWN 15720 HILLCREST ROAD DALLAS TX 75248 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 A MAJOR FUNDRAISING EVENTS DURING THE FISCAL YEAR. ITS AUCTION HAD GROSS RECEIPTS OF $835,405 AND DIRECT EXPENSES OF $395,373, RESULTING IN A NET PROFIT OF $440,032. 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 $447,624 FROM GROSS RECEIPTS AFFECTS THE PRESENTATION OF THE FUNDRAISING EVENTS' NET PROFIT AMOUNT, SHOWING A LOSS OF $37,592 WHEN, IN ACTUALITY, THE FUNDRAISING EVENTS WERE PROFITABLE AND RAISED MONEY FOR THE SCHOOL. 1 JUNE F SHELTON LEGACY FOUNDATION 15720 HILLCREST ROAD DALLAS TX 75248 202131507 501(C)(3) 50000 ENDOWMENT 1 FINANCIAL AID TO STUDENTS ATTENDING SHELTON 106 1581921 0 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 FOR 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 235193 0 25000 0 0 0 18084 0 12607 0 290884 0 0 0 GLEN BROWN CHIEF FINANCIAL OFFICER/TREASURER 176041 0 17500 0 0 0 4258 0 0 0 197799 0 0 0 NANCY COFFMAN DIRECTOR OF OUTREACH 142080 0 0 0 0 0 12062 0 6921 0 161063 0 0 0 A ARLINGTON HIGHER EDUCATION FINANCE CORPORATION 273906171 2017-10-25 31350000 TO PURCHASE A BUILDING BY LANDMARK FOUNDATION, A RELATED ORGANIZATION 0 0 0 A 31350000 291000 2017 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 1 1 1 FROST BANK 10.000000000000 1 0 0 0 0 A 0 LIABILITIES REPORTED BY RELATED PARTY SHELTON LANDMARK FOUNDATION ("LANDMARK") REPORTS $31,350,000 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 SECRETARY/TRUSTEE 138048 PRINTED EDUCATIONAL MATERIALSLEON KAPLAN IS PRESIDENT OF ABCO, INC., WHICH PROVIDED PRINTING SERVICES OF EDUCATIONAL MATERIAL FOR THE SCHOOL. 0 X 4 25915 FMV X NON-CASH AUCTION DONATIONS 295 213372 FMV 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS RECEIVED THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED, NOT THE NUMBER OF ITEMS CONTRIBUTED. 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 15A 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 XII, LINE 2C: AUDIT OVERSIGHT BOARD NO CHANGE HAS BEEN MADE TO THE ORGANIZATION'S AUDIT OVERSIGHT PROCESS OR SELECTION PROCESS. SHELTON LANDMARK FNDN 15720 HILLCREST RD DALLAS TX 75248 202532325 SUPPORT TX 501(C)(3) LINE 12A, I SHELTON SCHOOL 1 THE JUNE F SHELTON LEGACY FNDN 15720 HILLCREST RD DALLAS TX 75248 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 0 0 THE JUNE F SHELTON LEGACY FOUNDATION B 50000 FMV SHELTON LANDMARK FOUNDATION K 762500 FMV