2018-11-13T08:34:54-06:00 2018-06-30 800005634 NORFLEET MUSSELMAN & COMPANY 2550 PROFESSIONAL ROAD SUITE 100 N CHESTERFIELD VA 23235 990 2017-07-01 541780628 AD FONTES EDUCATIONAL TRUST ADFO 7036731145 15452 LEE HIGHWAY CENTREVILLE VA 201202127 DEAN K LUCKENBAUGH PRESIDENT 5712715660 2018-11-13 1 SUSAN NORFLEET P00634553 8043274454 96.228.23.23 2018-11-13 08:34:53 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 D358A1648242D9056338C82918F5F0136BFDB14B 2017 2019-02-21 02:37:17Z AD FONTES ACADEMY DEAN K LUCKENBAUGH PO BOX 916 CENTREVILLE VA 20122 2237908 0 X WWW.ADFONTES.COM X 1995 VA SUPPORT FOR CHRISTIAN BASED EDUCATION PROGRAMS. PROVIDE A SCHOOL FOR CHRISTIAN BASED EDUCATION. 7 6 56 0 0 0 231780 202683 2035399 2029688 24 -135 0 0 2267203 2232236 304591 302725 0 0 1339491 1243393 0 0 6778 574886 617841 2218968 2163959 48235 68277 1309761 1348224 1634217 1604403 -324456 -256179 THE AD FONTES MISSION IS TO GLORIFY GOD BY ASSISTING CHRISTIAN PARENTS IN EQUIPPING THEIR CHILDREN TO BE SERVANT LEADERS THROUGH A CLASSICAL EDUCATION BASED ON ETERNAL BIBLICAL TRUTH. 0 0 2021593 302725 2029688 SUPPORT CHRISTIAN BASED EDUCATION PROGRAMS, INCLUDING OPERATION OF A K-12 SCHOOL, WHICH PROVIDED A CHRISTIAN BASED EDUCATION TO 200 STUDENTS FOR THE 2017/2018 SCHOOL YEAR. 2021593 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 2 0 1 56 1 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X JULIE JEFFREY 7036731145 15452 LEE HIGHWAY CENTREVILLE VA 20120 ROB BALL CHAIRMAN 5.00 X X 0 0 0 JENNIFER ELKHOURI VICE CHAIRMAN 3.00 X X 0 0 0 RICHARD LEED TREASURER 3.00 X X 0 0 0 SCOTT SHORTMEYER SECRETARY 3.00 X X 0 0 0 JIM HADLEY PAST CHAIRMAN 3.00 X X 0 0 0 KEVIN KOTOWSKI TRUSTEE 3.00 X 0 0 0 DERRICK MORGAN TRUSTEE 3.00 X 0 0 0 DUNCAN SUTTON TRUSTEE 3.00 X 0 0 0 BRAD WARD TRUSTEE 3.00 X 0 0 0 DEAN LUCKENBAUGH PRESIDENT 50.00 X 110800 0 9400 110800 0 9400 1 0 0 0 0 6814 195869 15350 202683 TUITION AND FEES 611110 1944872 1944872 STUDENT ACTIVITY FEES 611710 84816 84816 2029688 50 50 5487 5672 -185 -185 -185 0 6814 0 0 2232236 2029688 0 -135 302725 302725 112000 28000 78400 5600 1041410 1006746 34664 89983 81636 7919 428 3520 3520 11085 11085 2000 2000 13054 13054 83659 83659 750 750 208985 208985 5527 5527 43210 43210 74989 74989 14761 14761 SCHOOL EVENTS,EXTRACURR 59744 59744 CLASSROOM & CURRICULUM 55457 55457 FORGIVEN TUITION, UNCOL 20925 20925 OTHER EXPENSES 13753 13753 6422 6422 2163959 2021593 135588 6778 56824 182157 15671 3790 1267263 168776 1157190 1098487 80076 63790 1309761 1348224 22886 12239 293365 292551 422118 346755 459851 456574 435997 496284 1634217 1604403 X -324456 -256179 -324456 -256179 1309761 1348224 68277 0 X 0 0 0 X 660761 47492 613269 542844 90475 452369 21700 21700 0 41958 9109 32849 1098487 DEFERRED TUITION 496284 496284 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NOTIFICATION HAS BEEN MADE ON THE WEBSITE AND HANDBOOKS. 1 TUITION REDUCTION/FINANCIAL AID 161 302725 REDUCTION FROM PUBLISHED TUITION CHARGES. SEE DESCRIPTION BELOW IN PART IV. PART III (F) DESCRIPTION OF NON-CASH ASSISTANCE: REDUCED TUITION IS CHARGED TO FAMILIES WHO QUALIFY, BASED ON AN EVALUATION CONDUCTED BY FACTS, AN INDEPENDENT ORGANIZATION THAT PROVIDES AN OBJECTIVE FINANCIAL NEEDS ASSESSMENT. FINANCIAL AID/ TUITION REDUCTION IS PROVIDED TO QUALIFIED STUDENTS/FAMILIES WHO DO NOT HAVE THE FINANCIAL RESOURCES TO PAY FULL TUITION. ROBERT AND ALICE BALL CURRENT BOARD MEMBER INVESTMENT IN FACILITY X 25000 29295 0 1 1 JENNIFER ELKHOURI CURRENT BOARD MEMBER INVESTMENT IN FACILITY X 10000 12180 0 1 1 KEVIN AND MARY BETH KOTOWSKI CURRENT BOARD MEMBER INVESTMENT IN FACILITY X 10000 11199 0 1 1 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR INVESTMENT IN FACILITY X 25000 27061 0 1 1 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR INVESTMENT IN FACILITY X 25000 28172 0 1 1 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR INVESTMENT IN FACILITY X 25000 29295 0 1 1 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR INVESTMENT IN FACILITY X 25000 27859 0 1 1 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR INVESTMENT IN FACILITY X 50000 60900 0 1 1 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR INVESTMENT IN FACILITY X 5000 5690 0 1 1 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR INVESTMENT IN FACILITY X 50000 60900 0 1 1 292551 INTERESTED PERSONS INTERESTED PERSON 21965 TUITION DISCOUNTS PER FINANCIAL AID, MULTI-STUDENT & FULL PAY POLICIES ROBIN LUCKENBAUGH SPOUSE OF SCHOOL PRESIDENT 28270 EMPLOYEE COMPENSATION PAYMENTS 0 RAY BLUNT FATHER-IN-LAW OF SCHOOL PRESIDENT 11340 EMPLOYEE COMPENSATION PAYMENTS 0 FORM 990, PART VI, SECTION B, LINE 11B 990 REVIEW (BY BOARD BEFORE FILING) - DESCRIPTION OF STEPS TAKEN I. ONCE THE 990 IS PREPARED, IT IS SENT ELECTRONICALLY TO ALL TRUSTEES. II. ALL TRUSTEES ARE RESPONSIBLE TO REVIEW THE FORM 990, TAKING THIS OPPORTUNITY TO PROVIDE THE ORGANIZATION WITH ESSENTIAL, HANDS-ON LEADERSHIP. III.THE TRUSTEES SEND WRITTEN COMMENTS REGARDING FORM 990 OR A SIMPLE STATEMENT OF APPROVAL TO THE BOARD TREASURER. IV. THE TREASURER SENDS COPIES OF ALL COMMUNICATION FROM THE TRUSTEES TO THE BUSINESS MANAGER. THESE COPIES ARE RETAINED WITH THE ORGANIZATION'S COPY OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY - DESCRIPTION OF COMPLIANCE MONITORING I. ANY AFET TRUSTEE OR OFFICER OR EMPLOYEE WHO WANTS TO SPEND OR OTHERWISE OBLIGATE AFET'S RESOURCES AND WHO STANDS TO BENEFIT FROM THE RESULTING TRANSACTION HAS A DUTY TO FIRST DISCLOSE THAT CONFLICT OF INTEREST TO THE AFET BOARD OF TRUSTEES. THE DISCLOSURE SHOULD BE MADE VIA THE CHAIRMAN OF THE BOARD OF TRUSTEES, OR IN HIS OR HER ABSENCE, VIA THE VICE CHAIRMAN OF THE BOARD. II. FOLLOWING FULL DISCLOSURE OF A POSSIBLE CONFLICT OF INTEREST THE BOARD OF TRUSTEES SHALL DISCUSS THE MATTER AND DETERMINE BY VOTE WHETHER A CONFLICT OF INTEREST EXISTS AND, IF SO, THE BOARD SHALL VOTE TO AUTHORIZE OR REJECT THE TRANSACTION OR TAKE ANY OTHER ACTION DEEMED NECESSARY TO ADDRESS THE CONFLICT IN KEEPING WITH GOD-HONORING, ETHICAL OVERSIGHT, AND WITH THE GOAL OF PROTECTING AFET'S BEST INTERESTS. BOTH VOTES SHALL BE BY A MAJORITY VOTE, WITHOUT THE PRESENCE OR THE VOTE OF ANY INTERESTED TRUSTEE. III. NO MEMBER OF THE BOARD OF TRUSTEES OR OFFICER SHALL PARTICIPATE IN ANY DISCUSSION AT A BOARD MEETING OR VOTE ON ANY MATTER IN WHICH HE OR SHE OR A MEMBER OF HIS IMMEDIATE FAMILY HAS POTENTIAL CONFLICT OF INTEREST DUE TO HAVING MATERIAL ECONOMIC INVOLVEMENT REGARDING THE MATTER BEING DISCUSSED. WHEN SUCH A SITUATION PRESENTS ITSELF THE TRUSTEE MUST ANNOUNCE HIS OR HER POTENTIAL CONFLICT OF INTEREST TO THE BOARD, DISQUALIFY HIMSELF OR HERSELF, AND BE EXCUSED FROM THE BOARD MEETING UNTIL DISCUSSION IS COMPLETED AND A DECISION REGARDING THE MATTER IS MADE BY NON-BIASED, DISINTERESTED TRUSTEES. THE ONLY EXCEPTION IS THAT HE OR SHE MAY BE CALLED UPON BY THE PRESIDING OFFICER OF THE BOARD MEETING TO PROVIDE CLARIFYING INFORMATION, UNLESS A DISINTERESTED TRUSTEE OBJECTS, IN WHICH CASE A DECISION WILL BE MADE BY MAJORITY VOTE OF THE BOARD TO EXCLUDE OR PERMIT THE CLARIFYING INFORMATION. IV. UPON COMMENCEMENT OF THEIR SERVICE, A COPY OF THIS POLICY SHALL BE GIVEN TO ALL TRUSTEES AND OFFICERS AND EMPLOYEES WHO ARE IN A POSITION TO MAKE DECISIONS ABOUT SPENDING OR OTHERWISE MANAGING AFET'S RESOURCES. AT THAT TIME, THEY SHALL SIGN AND DATE THAT THEY HAVE READ AND UNDERSTOOD THE POLICY AND DISCLOSE IN WRITING ANY EXCEPTIONS TO THE POLICY THAT THEY ARE AWARE OF. FORM 990, PART VI, SECTION C, LINE 19 AD FONTES EDUCATIONAL TRUST MAKES IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.