2018-05-14T16:35:19-05:00 2017-06-30 271155496 Robert Lee & Associates LLP 999 W Taylor Street Suite A san jose CA 95126 990 2016-07-01 770287771 The King's Academy KING 4084819900 562 N Britton Ave Sunnyvale CA 940853841 SCOTT MEADOWS Principal 4084819900 2018-05-14 1 Scott R Smead P01208759 4088556770 2016 2022-09-23 18:48:47Z SCOTT MEADOWS 562 Britton ave sunnyvale CA 94085 21434100 0 X www.tka.org X 1991 CA TKA IS A CHRIST-CENTERED COLLEGE PREPARATORY SCHOOL. 10 9 198 170 0 0 1564133 1635030 17055715 18441806 244355 252909 232537 329919 19096740 20659664 1094197 1330345 0 0 10856988 11040715 0 0 188105 6859124 7442167 18810309 19813227 286431 846437 13856088 13740319 8750468 7968615 5105620 5771704 X The King's Academy is a Christ-centered college preparatory middle and senior high school for students who have teachable hearts and coachable spirits. We offer a loving, family environment where students are encouraged to grow in their relationships with Jesus, their family, teachers and others. We are committed to developing God's best for each student spiritually, academically, morally and socially through every program and activity. 0 0 10656435 1330345 17638447 Academics- The King's Academy offers a variety of academic curricula, custom-tailored to the individual student's talents and aspirations. Students are encouraged to choose the curriculum that best suits them, whether it be a challenging all-around course of study, or one tailored to a more specific interest or goal. This multifaceted curriculum prepares graduates for a college career built on the cornerstones of intellectual curiosity, ingenuity, diligence and confidence. The King's Academy places a high value on counseling our students through the academic and college planning process such that students feel confident selecting the college or university that best matches the student's personal, career and life goals. 1442157 665572 Auxiliary-Spiritual Life and Community Service: The King's Academy differs from other schools in that everything at TKA is designed to bring students closer to God, to create strong relationships between students and staff, and to build Christian servant leaders. The entire student body has daily opportunities to mature spiritually through home groups, retreats, chapels, clubs, peer groups, and mentoring. Organized service trips to places including Mexico, Africa, Philippines, Ecuador, Costa Rica, Czech Republic, Kentucky, Los Angeles, and San Francisco provide high school students with life-changing opportunities to serve those in need throughout our world community.-Visual and Performing Arts: Well known throughout the Bay Area, The King's Academy's Visual and Performing Arts (VPA) Department seeks to honor God through developing students' creative gifts and offering an environment where they can share those gifts with the world. The VPA environment fosters creativity and confidence as students develop their musical, artistic, and dramatic skills. This department currently offers classes in vocal and instrumental music, studio art, drama, dance, film studies, and ceramics. The work of the students is displayed in exhibits, workshops, concerts, and stage performances. 3062087 137787 Athletics- The King's Academy athletic program desires to "pursue victory with honor and to compete with pride, hustle, desire and humility. TKA aims to compete at the CCS championship level each year. Each year, many of our athletic teams (both junior high and high school) win league titles. We consistently have the majority of our varsity teams make it to our section playoffs. The King's Academy fields 58 athletic teams each year: High school sports include junior varsity and varsity boys and girls volleyball, soccer, cross country, track, swimming and diving, basketball and tennis; boys football, baseball, and golf; and girls fast-pitch softball and water polo. Junior High Sports(both boys & girls unless indicated) include boys flag football, cross country, swim meets, girls fast pitch softball, basketball, soccer, volleyball, boys baseball, tennis, track & field. 388599 307652 Drama, private school satelite program 388599 307652 15549278 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 153 0 1 198 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X CAROLYN CORSTORPHINE 4084819900 562 BRITTON AVENUE SUNNYVALE CA 940853841 Jack Mackay President 2.00 X 0 0 0 Kooper Frame Vice President 2.00 X 0 0 0 Greg Niven Treasurer 2.00 X 0 0 0 Martin Gates Secretary 2.00 X 0 0 0 Betsy Atler Board member 2.00 X 0 0 0 Emily Cabot Board member 2.00 X 0 0 0 Laura French Board member 2.00 X 0 0 0 Frank Kmak Board member 2.00 X 0 0 0 Stephen Tom board member 2.00 X 0 0 0 Scott Meadows Principal 40.00 X 187318 0 28986 187318 0 28986 1 0 1 0 0 301887 1333143 1635030 TUITION AND FEE INCOME 611110 17638447 17638447 AUXILIARY INCOME 611110 803359 803359 18441806 250344 250344 241490 0 241490 241490 241490 400178 397613 2565 2565 2565 79957 301887 55125 24832 24832 354255 321698 32557 32557 Other income 611110 31040 31040 31040 20659664 18749458 0 275176 1330345 1330345 198439 198439 8363646 6348695 1904026 110925 238016 175906 58088 4022 1615440 1191844 397677 25919 625174 462726 154351 8097 23336 23336 29950 29950 245742 166154 79588 146182 146182 283554 218233 64815 506 143787 137638 5491 658 2977375 2782465 186051 8859 37312 16892 20420 738238 548999 189239 40286 204 40082 RETREATS, CAMPS, PRODUC 1340203 1336535 3668 SUPPLIES 775500 663054 83327 29119 REPAIRS AND MAINTENANCE 372059 372059 Tuition Assistance Gran 94247 94247 194396 75341 119055 19813227 15549278 4075844 188105 1074780 463706 242989 160157 96883 77798 238581 170777 11308585 5196794 6124855 6111791 6028000 6706090 50000 50000 13856088 13740319 1384074 632414 3033509 2189589 4332885 5146612 8750468 7968615 X 4806719 5538228 298901 233476 5105620 5771704 13856088 13740319 X 846437 -151639 -7209 -21505 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1501045 531618 969427 5929957 2227676 3702281 3240159 1943912 1296247 637424 493588 143836 6111791 INVESTMENTS/BONDS 6706090 F 6706090 Deferred rent 4875867 CAPITAL LEASE OBLIGATION 270745 5146612 X 19156175 -151639 -21505 -173144 19329319 1330345 1330345 20659664 18482882 0 18482882 1330345 1330345 19813227 Part X, Line 2: The Organization evaluates its uncertain tax positions and will recognize a loss contingency when it is probable that a liability has been incurred as of the date of the financial statements and the amount of the loss can be reasonably estimated. The amount recognized is subject to estimate and management judgment with respect to the likely outcome of each uncertain tax position. The amount that is ultimately sustained for an individual uncertain tax position or for all uncertain tax positions in the aggregate could differ from the amount recognized. As of June 30, 2015, management did not identify any uncertain tax positions. Part XI, Line 2d - Other Adjustments: Loss on disposal of assets -21,505. Part XI, Line 4b - Other Adjustments: scholarships recorded in the financial statements as net of revenues 893,782. FINANCIAL AID recorded in the financial statements as net of revenues 436,563. Part XII, Line 4b - Other Adjustments: scholarships recorded in the financial statements as net of revenues 893,782. FINANCIAL AID recorded in the financial statements as net of revenues 436,563. 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 school advertises its nondiscrimination policy by addressing the policy on the school's website. The school directs the public to view the website on all brochures and in the local newspaper. Knight's legacy fund 381844 301887 79957 605 16448 3500 34571 381844 301887 79957 605 16448 3500 34571 55124 24833 1 FINANCIAL AID ASSISTANCE 134 893781 FMV TUITION DISCOUNTS TUITION DISCOUNTS FOR CHILDREN OF STAFF 49 436563 FMV TUITION DISCOUNTS Part I, Line 2: Financial assistance is awarded to families based on established criteria and reviewed by an independent committee who determine the amount of financial assistance to provide. Tuition discounts are awarded based on establish criteria and set discount amounts for children of staff. Changes in enrollment and employment are monitored to determine that the discounts are applied correctly. X 1 0 0 0 0 0 0 0 0 0 0 Scott Meadows Principal 151272 0 700 0 35346 0 0 0 28986 0 216304 0 0 0 Form 990, Part VI, Section B, line 11b A copy of the form 990 was provided to the Finance Committee and then the board for review. It was emailed to the board prior to the meeting and then the Chairman of the Finance Committee reviewed it with them and answered questions. Form 990, Part VI, Section B, line 12c The board has members sign a statement indicating understanding of policy and compliance with it. Form 990, Part VI, Section B, line 15 The board annually does a written evaluation of the principal and approves his compensation. The board approves the percentage increase for all staff, both teacher's grid and salaried increases as part of its annual budgetting process. The personnel committee keeps tabs on compensation in contrast to other schools in the Bay Area. Form 990, Part VI, Section C, line 18 The Organization makes It available upon request in business office during business hours and lists it on Guidestar. Form 990, Part VI, Section C, line 19 THE ORGANIZATION MAKES ITS EXEMPTION APPLICATION (FORM 1023), CORPORATE ARTICLES & BYLAWS, AND ITS ANNUAL TAX FORMS (FORM 990) AVAILABLES IN THE BUSINESS OFFICE DURING BUSINESS HOURS. Form 990, Part XI, line 9: Loss on disposal of assets -21,505. Form 990, Part XII, Line 2c The Organization has an audit committee that assumes responsibility for oversight of the audit review. The oversight process did not change during the fiscal year December 31, 2017.