2018-02-09T09:21:56-06:00 2017-06-30 541631262 KEITERSTEPHENSHURSTGARY & SHREAVESPC 4401 DOMINION BLVD GLEN ALLEN VA 23060 990 2016-07-01 541960110 THE CARMEL SCHOOL CARM 8044483288 PO BOX 605 RUTHER GLEN VA 22546 FRED HALL TREASURER 8044483288 2018-02-09 1 JAYME MIKA P00852731 8047470000 104.129.194.95 2018-02-09 08:51:37 ES P 535C7F20781B80FCAFCCA14FB60BA8EA9BC29823 FA7EAC118F21EFC7C17408C44BC36E410CFE8A09 2016 2021-01-29 14:40:06Z DR RAYMOND SPENCE JR PO BOX 605 RUTHER GLEN VA 22546 2966409 0 X N/A X 1986 VA THE MISSION OF THE CARMEL SCHOOL IS TO PREPARE STUDENTS FOR SUCCESS IN OUR EVER-CHANGING WORLD BY CREATING A COMMUNITY SUPPORTIVE OF ACADEMIC, PHYSICAL AND SPIRITUAL GROWTH ROOTED IN CHRISTIAN VALUES TO INSTILL HONOR AND INTEGRITY. 7 7 53 42 0 0 2019152 1936475 920626 991722 791 -196216 57049 6637 2997618 2738618 0 0 0 0 1421241 1622012 0 0 0 1301648 1448221 2722889 3070233 274729 -331615 11056072 10745089 208626 219368 10847446 10525721 THE MISSION OF THE CARMEL SCHOOL IS TO PREPARE STUDENTS FOR SUCCESS IN OUR EVER-CHANGING WORLD BY CREATING A COMMUNITY SUPPORTIVE OF ACADEMIC, PHYSICAL AND SPIRITUAL GROWTH ROOTED IN CHRISTIAN VALUES TO INSTILL HONOR AND INTEGRITY. 0 0 2590700 991722 ACADEMIC EDUCATION IN A CHRISTIAN ENVIRONMENT 2590700 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 13 0 1 53 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 0 0 0 X X THE ORGANIZATION 8044483288 9020 JERICHO ROAD RUTHER GLEN VA 22546 PAMELA WHITAKER MEMBER 1.00 X 0 0 0 HAROLD STILLS MEMBER 1.00 X 0 0 0 DR RAYMOND L SPENCE JR PRESIDENT 1.00 X X 0 0 0 ALEX SMITH VICE-PRESIDENT 1.00 X X 0 0 0 FRED HALL SECRETARY/TREASURER 1.00 X X 0 0 0 CAROLYN WILLIAMSON HEAD OF SCHOOL 40.00 X 71000 0 0 BRENT MILLER HEADMASTER - ENDED 6/16 40.00 X 46814 0 2278 117814 0 2278 0 0 0 0 0 1936475 358110 1936475 TUITION 611710 964294 964294 SUMMER PROGRAM 611710 24318 24318 OTHER FEES 611710 3110 3110 991722 3018 3018 4128 0 4128 4128 4128 6172 193062 -6172 -193062 -199234 -199234 3928 3873 55 55 25781 24684 1097 1097 MISCELLANEOUS 900099 1357 1357 1357 2738618 994176 0 -192033 88993 88993 1320957 1320957 102432 102432 109630 109630 1043 1043 58221 58221 61569 61569 70096 70096 8745 8745 56984 56984 87 87 396 396 1242 1242 567097 567097 39188 39188 UTILITIES 136184 97738 38446 SCHOOL EXPENSES 100816 100816 DISCOUNTS 73901 73901 LEASE EXPENSES 62341 62341 210311 129136 81175 3070233 2590700 479533 0 475659 216824 13768 8104 14282 20265 13983302 3492392 10543377 10490910 8986 8986 11056072 10745089 49755 32760 25970 29615 132901 156993 208626 219368 X 10459623 10413678 387823 112043 10847446 10525721 11056072 10745089 X -331615 9890 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1125540 1125540 11726292 2604429 9121863 120996 80664 40332 1010474 807299 203175 10490910 ACCRUED SALARIES 136680 CAPITAL LEASE OBLIGATION 20313 156993 X 2858424 0 2858424 -119806 -119806 2738618 3180149 193707 193707 2986442 83791 83791 3070233 PART X, LINE 2: THE SCHOOL FOLLOWS FASB GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE SCHOOL'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED "WHEN CHALLENGED OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITION AND CONCLUDED THAT THE SCHOOL HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE SCHOOL IS NOT CURRENTLY UNDER AUDIT BY ANY TAX JURISDICTION. PART XI, LINE 4B - OTHER ADJUSTMENTS: DISCOUNT EXPENSE NETTED WITH REVENUE ON FINANCIAL STATEMENTS 73,901. INTEREST & DIV. AND OTHER INCOME INCLUDED IN MISCELLENOUS EXPENSE 4,375. LOSS ON DISPOSAL OF SECURITIES AND OTHER ASSETS -199,234. INCOME FROM FUNDRAISING AND SALE OF INVENTORY 29,709. EXPENSES FROM FUNDRAISING AND SALE OF INVENTORY NETTED WITH REVENUE -28,557. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF SECURITIES AND OTHER ASSETS 199,234. FUNDRAISING EXPESNES AND COST OF GOOD SOLD 28,557. MISC. INCOME AND INTEREST & DIVS INCLUDED IN MISCELLANEOUS EXPENSES. -4,375. FUNDRAISING INCOME AND SALE OF INVENTORY -29,709. PART XII, LINE 4B - OTHER ADJUSTMENTS: DISCOUNT EXPENSE NETTED WITH REVENUE ON FINANCIAL STATEMENTS 73,901. ACCRUAL TO CASH CONVERSION 9,890. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 X 1 51228 NYSE X 4 306882 NYSE 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS EMAILED TO ALL BOARD MEMBERS FOR REVIEW AND COMMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND TAX RETURNS ARE MADE AVAILBALE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ACCRUAL TO CASH CONVERSION 9,890.