2018-06-14T16:40:42-07:00 2017-07-31 990 2016-08-01 752784724 FAITH CHRISTIAN SCHOOL INC FAIT 8174429144 730 E Worth Street Grapevine TX 76051 Nancy DePue CFO 8172515365 2018-06-14 2016 2022-09-23 18:48:47Z Grapevine Faith Christian School Ed Smith 730 E Worth St Graevine TX 76051 12793946 0 X www.grapevinefaith.com X 1999 TX Faith Christian School exists to develop and graduate authentic Christian leaders, serving students in grades PreK through 12th grade. The school accomplishes its mission through a rigorous academic program, extensive athletic activities, exceptional creative arts program, community service, and leadership training. 9 9 242 420 0 0 1334020 1033418 10793217 11068434 16912 16954 177098 252428 12321247 12371234 304142 393361 0 0 7359031 7393465 0 0 48922 4706519 4502722 12369692 12289548 -48445 81686 35198306 33567091 26288071 24562618 8910235 9004473 Faith Christian School exists to develop and graduate authentic Christian leaders, with purposeful and intentional teaching of students to pursue Christ, infuse the scripture in learning and living, and engage the culture for Christ. 0 0 9624511 159701 11068434 Faith Christian School provides high quality academis, athletics, and creative arts serving a student population of approximately 800 students. Faith offers numerous advance placement classes, dual credit courses, honors program and an extensive program serving those students with learning differences. The elementary reading program focuses on independent and analytical comprehension of literature. All grades participate in field trips and class activities outside the classroom in order to broaden and enhance the learning experience. Biblical integration and parental involvement is integral to the education process at Faith Christian School. Leadership training begins in Kindergarten and continues until graduation. Virtually all Faith graduates continue on to college. 377391 377391 0 Faith Christian School provides support to Faith Church of Grapevine. Faith Church of Grapevine provides additional training and education for those students interested in Christian leadership and ministry, conducts praise and worship services for the students of Faith Christian School, and participates and financially supports local, national and international missions. 0 0 0 10001902 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 1 40 0 1 242 1 0 0 0 0 0 1 1 0 0 0 1 1 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Nancy DePue 8174429144 730 E Worth Street Grapevine TX 76051 Tanya Edwards Trustee 2 0 X 0 0 0 Mike Shawver Trustee, Secretary of Board 3 0 X 0 0 0 Jeff Markham Trustee 2 0 X 0 0 0 Justin Crum Trustee, Chairman 3 0 X 0 0 0 Brian Mirau Trustee, Finance Chair 3 0 X 0 0 0 Brian Williams Trustee 2 0 X 0 0 0 Mark Austin Trustee 2 0 X 0 0 0 Sheila Farley Trustee 2 0 X 0 0 0 Stacey Leonhard Trustee 2 0 X 0 0 0 Ed Smith President, CEO 30 20 X 73034 86552 54180 Nancy DePue CFO 43 2 X 135790 0 5879 Kris Hogan Football coach/development 40 0 X 101104 0 18891 309928 86552 78950 3 0 1 0 EMJ Corporation 2034 Hamilton Place suite 400 Chattanooga TN 37421 construction of football stadium 274673 GP Construction 1000 Texas Trail Suite 135 Grapevine TX 76051 Roofing 218677 Entrust One Facility services 11142 Sahdy Trail Dallas TX 75229 janitorial 133223 3 0 0 171138 0 0 862280 26022 1033418 tuition and student fees 611110 10275750 10275750 0 0 food services 722210 486041 486041 0 0 Student and group activities 611110 224563 224563 0 0 Athletics and Creative Arts 611110 82080 82080 0 0 0 0 0 0 11068434 10065 3531 0 6534 0 0 0 0 85 0 0 85 196360 0 143654 0 52706 0 52706 66614 0 -13908 33697 0 26808 0 6889 0 6889 5921 0 968 248155 171138 52966 195189 0 195189 203732 199284 4448 4448 0 0 0 12371234 11148948 0 188868 377391 377391 15970 15970 0 0 0 0 246045 36907 194138 15000 178221 29659 148562 0 5837733 4994627 812661 30445 125648 105084 20564 0 564911 486369 78542 0 440907 351265 86165 3477 0 0 0 0 125 0 125 0 16350 0 16350 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 78024 0 78024 0 148244 11975 136269 0 100690 80553 20137 0 0 0 0 982642 835246 147396 0 31484 12270 19214 0 0 0 0 0 59081 50421 8660 0 93945 0 93945 0 0 0 0 0 1266521 1076543 189978 0 26574 0 26574 0 Curriculum 244545 244545 0 0 Student Activities 625986 625986 0 0 Athletics?Creative Arts 286159 286159 0 0 Food Services 340907 340907 0 0 201445 40025 161420 0 12289548 10001902 2238724 48922 784508 744694 3092915 3069626 1366189 410754 3827280 3791009 0 0 0 0 0 0 92245 119359 145277 223322 32042352 7480015 25288841 24562337 468018 635940 0 0 0 0 0 0 133033 10050 35198306 33567091 465957 617033 0 0 10026263 10303299 10277247 9994139 0 0 600000 0 4918604 3648147 0 0 26288071 24562618 X 8442921 8466926 281933 230350 185381 307197 8910235 9004473 35198306 33567091 81686 12552 0 0 0 0 X 1 0 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 229436 121816 16286 0 0 0 367538 168757 55381 5298 0 0 0 229436 166762 0 1995 0 0 0 168757 144250 10000 12512 0 0 0 166762 124439 10000 10081 0 0 0 144520 0 0.84 0.16 0 0 632390 3866525 4498915 430181 25255564 6073348 19612397 0 0 0 0 0 1708533 1335047 373486 0 149159 71620 77539 24562337 Schedule D, Part V, Line 4 The endowment is to be used for financial aid to worthy students based upon a proven financial need as determined by a third party. Organization has been building the endowment until such a time that it reaches an amount in which earnings are sufficient to award grants to the students. 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 nondiscriminatory policy is in all admissions packets and the nondiscriminatory statement is in numerous select newspapers, mailers, and other advertisements for our open houses for prospective students. These ads are far-reaching to the general public. Additionally, the nondiscriminatory policy is on our admissions section of our website and is stated in our financial aid policy. Gala 419293 171138 248155 0 17607 5707 10804 0 18848 0 0 419293 171138 248155 0 17607 5707 10804 0 18848 52966 195189 1 Faith Church of Grapevine 730 E Worth Grapevine TX 76051 202234137 501(c)3 church 377391 Use of space Local and international missions, church ministries, salaries of ministers and assistant, leadership classes, and pastoral training. 1 0 Scholarships to graduating seniors 5 5000 0 families facing financial crisis 7 10970 Schedule I, Part I, Line 2 College scholarships are awarded to the class valedictorian and salutatorian. Additional college scholarships are awarded to 5 other seniors and are determined by school faculty, coaches, and administration. Awards to famiies in financial crisis are determined by the benevolence committee, the business office, and division administrators. The school supports Faith Church of Grapevine. The president of the school is the pastor of the church. This relationship is detailed in Schedule R and support is determined duruing the budgeting process, which is approved by the President, the CFO, the finance committee anf the Board. X X X X X X 0 1 0 0 0 0 0 1 0 Ed Smith President, CEO 63034 94229 10000 3333 0 0 28152 5505 14330 43170 115516 146237 0 Schedule J, Part I, Line 4 The school has established a 457(f) plan for President Ed Smith. His account is credited $25,000 each year, with vesting at 20% per year with the completion of the 6th year and full vesting at the end of the 10 year term. Schedule J, Part I, Line 7 Bonuses may be paid to these employees at the discretion of the President, based solely upon performance and meeting or exceeding standards. The Board decides the annual discretionary bonus of the President based upon performance standards. A Newark Cultural Education Facilities 263769964 2015-08-20 10495000 Refinance previous bond issue 0 0 0 A 0 0 0 0 0 0 0 0 0 0 0 0 2009 1 0 1 1 A 0 0 0 0 0.01 0 0.01 0 0 1 A 0 1 0 1 0 0 0 0 0 A 1 Schedule K, Part IV, Line 2c-08/20/2015 10,495,000 Newark Cultural Education Facilities No excess interest Denise Jordan wife of former trustee 50165 employed as student billing specialist and new family mentor 0 X 25 11685 sales price X 2 1571 ave date of gift X doanted expendable school and office supplies 5 0 these items are consumed during the year and not reported as reveneues or expenses X various auction goods 36 12766 lower of value given by donor or sales price 0 0 1 1 Schedule M, Part I, Line 32b Used cars are donated to the school. The cars are received by a mechanic (former parent) and inspected. At that time a broker sells the car to the general public or through an auction and takes a small percentage for this service. The net proceeds are then sent to the school. Schedule M, Part I, Line 33 The school accepts as donations consumable goods such as art supplies or office supplies. As these items are expended no revenue or related expense is recognized. Form 990, Part VI, Section B, Line 11b The 990 is completed by the Chief Financial Officer. It is specifically reviewed by the President and the Finance Committee. A copy of the 990 and all schedules are given to each Board member before the filing of the return. The finance committee is responsible for answering any questions once the other members have had a change to review the return. Form 990, Part VI, Section B, Line 12c At the time of nomination and acceptance of a new Board member, all potential conflicts of interest are disclosed as required by policy and by-laws. It is the responsibility of the Board member to disclose any conflict that may arise. The CFO monitors all transactions involving any Board member, officer, or family member. Any potential conflict of interest is reviewed and monitored by the Board finance committee and brought to the Board's attention. Form 990, Part VI, Section B, Line 15 The compensation committee of the governing Board is responsible for determining and recommending the compensation of the President. The committee uses survey data, consultants, and other experts to research comparable salaries and benefits of similar positions in the marketplace. Once the committee has determined the compensation package is reviewed by legal counsel. The full board then votes on the compensation package for the President and a contract is issued. The vote of the full Board is documented in the meeting minutes. A new 10 year contract was issued in 2011 and revised in 2016. The board, via by-laws and executive limitations has granted the President the right to determine the salary of other officers and key employees. Surveys, experts, and other 990's of similar organizations are used by the President in aiding that determination. Form 990, Part VI, Section C, Line 19 The business office at the school maintains a file with copies of the governing documents, Board policies, financial statements, and the 990's to be available to the public upon written or verbal request. The 990 and other basic financial information is published on guidestar.org. Faith Church of Grapevine 730 E Worth Grapevine TX 76051 202234137 Worship, missions, church leadership training TX 501(c)3 Church N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0