2018-05-15T13:12:14-05:00 2017-06-30 581763439 WINDHAM BRANNON PC 3630 PEACHTREE RD NE SUITE 600 ATLANTA GA 30326 990 2016-07-01 582410129 THE SWIFT LEARNING CENTER INC SWIF 6782054988 300 GRIMES BRIDGE ROAD ROSWELL GA 30075 PAUL FOLTZ ASSOC. HEAD OF SCHOOL 6782054988 2018-05-14 1 DEBORAH L PRIEST CPA P00148240 4048982000 2018-05-11 12.7.232.99 2018-05-14 10:18:10 ED P 1A298E59B04960113D1E605ADAE64AEE6B688F6F 52CCBCCBD6AF941ED0E25440901A670C153A94F0 2016 2021-01-29 14:40:06Z THE SWIFT SCHOOL INC PAUL FOLTZ 300 GRIMES BRIDGE ROAD ROSWELL GA 30075 6725047 0 X WWW.THESWIFTSCHOOL.ORG X 1998 GA TO PREPARE CHILDREN WITH DYSLEXIA & RELATED LANGUAGE-BASED LEARNING DIFFERENCES TO BE SUCCESSFUL IN LIFE. WE WILL STRIVE TO ACCOMPLISH THIS MISSION BY TEACHING THEM SPECIFIC LEARNING STRATEGIES AND BY IDENTIFYING AND FULLY DEVELOPING THEIR TALENTS. TO DO SO, WE WILL CREATE AN ENVIRONMENT THAT IS EXCITING, CHALLENGING, AND SUPPORTIVE. 11 11 113 40 0 0 4689968 232189 6600032 6428502 12259 7771 27728 1183 11329987 6669645 44040 175924 0 312516 4591278 4558913 0 0 14275 1725342 1771221 6360660 6818574 4969327 -148929 19016493 19095263 9700310 9928009 9316183 9167254 TO PREPARE CHILDREN WITH DYSLEXIA & RELATED LANGUAGE-BASED LEARNING DIFFERENCES TO BE SUCCESSFUL IN LIFE BY TEACHING SPECIFIC LEARNING STRATEGIES AND FULLY DEVELOPING STUDENT TALENTS. 0 0 4404783 175924 6428502 EDUCATING CHILDREN WITH MILD TO MODERATE LEARNING DIFFICULTIES IN READING, SPELLING, WRITING, PHONEME AWARENESS, AND LANGUAGE PROCESSING/EXPRESSION. 4404783 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 113 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 GA X PAUL FOLTZ 6782054988 300 GRIMES BRIDGE RD ROSWELL GA 30075 JEFFERY KUDLATA VICE CHAIRMAN - SECRETARY 3.00 X X 0 0 0 LAURA RIES VICE CHAIRMAN 1.00 X X 0 0 0 RICHARD PHILLIPS CHAIRMAN 8.00 X X 0 0 0 BOB GRAY EMERITUS 1.00 X 0 0 0 SCOTT CONNER TRUSTEE 1.00 X 0 0 0 MICHAEL WRIGHT TREASURER 4.00 X 0 0 0 SCOTT FRANK TRUSTEE 1.00 X 0 0 0 CHRIS MARTIN TRUSTEE 1.00 X 0 0 0 LESLIE MUNSON TRUSTEE 1.00 X 0 0 0 DONALD PAUL TRUSTEE 1.00 X 0 0 0 MAIA WALTON TRUSTEE 1.00 X 0 0 0 RICHARD WENDLEK EXEC. DIRECTOR 55.00 X 273202 0 0 PAUL FOLTZ ASSOC. HEAD OF SCHOOL 55.00 X 141162 0 0 ERIC OSORIO ASSOC. HEAD OF SCHOOL 55.00 X 132289 0 0 546653 0 0 3 0 1 0 A TASTY TOUCH 1341 WINBORN CIR NW KENNESAW GA 30152 LUNCH SERVICE FOR STUDENTS 170290 1 8484 35081 188624 16441 232189 TUITION & FEES 611600 6428502 6428502 6428502 7771 7771 56585 35081 55402 1183 1183 6669645 6428502 0 8954 175924 175924 312516 312516 632193 373070 259123 3588954 1958967 1629987 337766 260477 77289 4955 4955 20000 20000 199069 79886 119183 26107 26107 37950 24500 12838 612 253108 168301 84807 279856 210573 69256 27 250807 208170 42637 55942 48619 7323 SCHOOL SUPPLIES & ACTIV 481812 448076 23299 10437 EQUIPMENT EXPENSES 81932 74020 7912 TRAINING 35577 35577 DUES & LICENSES 24344 24344 19762 16563 3199 6818574 4404783 2399516 14275 5880583 6178691 54356 18454 61425 113353 14715681 1930916 13020129 12784765 19016493 19095263 251186 327711 2946269 3237621 5869829 5738124 633026 624553 9700310 9928009 X 9297519 9144421 18664 22833 9316183 9167254 19016493 19095263 -148929 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9331427 9331427 3101441 776103 2325338 1669157 678090 991067 613656 476723 136933 12784765 DEFERRED COMPENSATION 624553 624553 X 6532682 -136963 -136963 6669645 0 6669645 6681611 -136963 -136963 6818574 0 6818574 PART X, LINE 2: THE SCHOOL OPERATES AS A 501(C)(3) NOT-FOR-PROFIT ENTITY AND THEREFORE THERE IS NO PROVISION FOR INCOME TAXES. MANAGEMENT OF THE SCHOOL CONSIDERS THE LIKEHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR, INCLUDING CHANGES TO THE SCHOOL'S STATUS AS A NOT-FOR-PROFIT ENTITY AS A 501(C)(3). MANAGEMENT BELIEVES THAT THE SCHOOL MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NO INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX; THEREFORE NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THESE FINANCIAL STATEMENTS. THE SCHOOL'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES RECORDED AS REVENUE ON FINANCIAL STATEMENTS 38,961. TUITION ASSISTANCE, NETTED WITH REVENUE ON FINANCIAL STATEMENTS -175,924. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES RECORDED AS REVENUE ON FINANCIAL STATEMENTS 38,961. TUITION ASSISTANCE, NETTED WITH REVENUE ON FINANCIAL STATEMENTS -175,924. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 RACIAL NONDISCRIMINATION POLICY IS INCLUDED IN ADMISSIONS DOCUMENTS, SCHOOL LITERATURE, FUNDRAISING DOCUMENTS, WEBSITE, FINANCIAL REPORTS AND THE ANNUAL REPORT. X X X X X X X 1 COLUMNS FUNDRAISING 2870 PEACHTREE ROAD SUITE 956 ATLANTA GA 30305 ASSISTANCE WITH UNITED CAMPAIGN 0 270210 56000 1005 270210 56000 1005 SPRING GALA 73572 35081 38491 17586 1800 25113 ORIGINAL WORKS 5173 5173 3099 4 12921 12921 7804 91666 35081 56585 17586 1800 36016 55402 1183 1 SWIFT TUITION SCHOLARSHIPS 18 175924 X X X 0 0 0 0 0 0 0 0 0 RICHARD WENDLEK EXEC. DIRECTOR 273202 0 0 0 0 0 0 0 0 0 273202 0 0 0 CHRIS MARTIN TRUSTEE 60400 DESIGN SERVICES PAID TO EM 2 DESIGN, INC. 0 FORM 990, PART VI, SECTION B, LINE 11B THE ANNUAL AUDIT AND THE ACCOMPANYING FINANCIAL STATEMENTS ARE REVIEWED WITH THE CPA FIRM BY THE SCHOOL'S TREASURER, FINANCE COMMITTEE, HEAD OF SCHOOL AND BUSINESS MANAGER. THE PACKAGE IS AGAIN REVIEWED BEFORE AND BY THE ENTIRE BOARD OF TRUSTEES AT A REGULARLY SCHEDULED FALL MEETING OF THE BOARD. APPROVAL BY MOTION, SECOND AND VOTE TO APPROVE ACCEPTANCE IS PERFORMED. UPON ACCEPTANCE THE BUSINESS MANAGER INITIATES THE PROCESS TO ENGAGE THE AUDITING FIRM TO BEGIN PREPARATION OF THE 990. THE COMPLETED FORM 990 IS REVIEWED BY THE BUSINESS MANAGER, TREASURER, AND HEAD OF SCHOOL PRIOR TO SUBMITTAL TO THE IRS, IF TIME PERMITS, OR AFTERWARDS TO ENSURE COMPLETENESS AND ACCURACY. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE ROUTINELY ASKED TO NOTIFY THE ORGANIZATION OF ANY BUSINESS RELATIONSHIPS WITH THE ORGANIZATION. THESE RELATIONSHIP ARE DISCUSSED WITH THE AUDITORS AND DISCLOSED IN THE FINANCIAL STATEMENTS IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD ENGAGES CONSULTING FIRMS TO FILL THE EXECUTIVE DIRECTOR POSITION. THE EXECUTIVE DIRECTOR'S SALARY IS SET BASED ON RECOMMENDATIONS OF THE CONSULTING FIRM. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990, ALONG WITH ANY OTHER OFFICIAL DOCUMENTS, IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE BUSINESS OFFICE OR ADVANCEMENT OFFICE. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT AND SELECITON PROCESS REGARDING ITS INDEPENDENT AUDITORS.