2017-01-23T14:16:32-06:00 2016-06-30 561965804 THOMAS JUDY & TUCKER P A 4700 FALLS OF NEUSE ROAD SUITE 400 RALEIGH NC 27609 990 2015-07-01 561894697 CARY CHRISTIAN SCHOOL INCORPORATED CARY 9193032560 1330 OLD APEX RD CARY NC 27513 JAMES DICKMAN DIRECTOR OF FINANCE/OPERATIONS 9193032560 2017-01-23 1 KRISTEN HOYLE CPA P00118964 9195717055 2016-12-14 2015 2021-01-29 14:40:06Z CAMERON PERKINS 819 HUNTSWORTH PLACE CARY NC 27513 6123440 0 X WWW.CARYCHRISTIANSCHOOL.ORG X 1994 NC TO PROVIDE AN EXCELLENT CLASSICAL EDUCATION FOUNDED UPON A BIBLICAL WORLDVIEW. 7 6 112 100 0 0 394454 319909 5502863 5691119 1310 29240 4669 -1230 5903296 6039038 333457 197346 0 0 3545571 3566884 0 0 0 1619990 1696093 5499018 5460323 404278 578715 16166312 16527895 10567513 10329099 5598799 6198796 OUR MISSION IS TO PROVIDE AN EXCELLENT CLASSICAL EDUCATION FOUNDED UPON A BIBLICAL WORLDVIEW. ALL SUBJECTS ARE TAUGHT AS PART OF AN INTEGRATED WHOLE, WITH THE SCRIPTURES AT THE CENTER, SERVING AS THE HUB OF ALL KNOWLEDGE. 0 0 3750494 197346 5691119 PROVIDED INSTRUCTION TO STUDENTS IN THE VICINITY OF CARY, NC IN GRADES KINDERGARTEN THROUGH TWELFTH GRADE. 3750494 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 28 0 112 1 0 0 0 0 1 1 1 1 0 0 0 0 X 7 6 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 1 0 NC X CYNTHIA WATERS 9193032560 1330 OLD APEX RD CARY NC 27513 CAMERON PERKINS PRESIDENT 1.00 X X 0 0 0 JEFF STONEBRAKER SECRETARY 1.00 X X 0 0 0 ROBERT ALFORD TREASURER 1.00 X X 0 0 0 DAVID BOYTE VICE PRESIDENT 1.00 X X 0 0 0 CHRIS FLYTHE MEMBER 1.00 X 0 0 0 SCOTT MYERS MEMBER 1.00 X 0 0 0 JOSHUA ESTEP MEMBER 1.00 X 4500 0 8445 WENDELL COOK HEADMASTER 40.00 X 121483 0 7429 BRIAN FINNEGAN FORMER VICE PRESIDENT 1.00 X X 0 0 0 125983 0 15874 1 0 0 0 0 156027 163882 319909 TUITION AND FEES 900099 5502233 5502233 OTHER SCHOOL ACTIVITIE 900099 188886 188886 5691119 29240 29240 4625 0 4625 4625 4625 78547 156027 84402 -5855 -5855 6039038 5691119 0 28010 197346 197346 128441 84916 43525 3099188 2048952 1050236 339255 333336 5919 1891 1891 14270 14270 33225 33225 107997 107997 341931 341931 33268 33268 FACILITIES 564993 556145 8848 EDUCATIONAL EXPENSES 300494 300494 OTHER 229305 229305 DEVELOPMENT AND PROMOTI 59331 59331 9388 9388 5460323 3750494 1709829 0 1250398 1485267 206009 181418 4134624 4325776 7200 0 11652304 3190524 8542948 8461780 2006878 2057400 18255 16254 16166312 16527895 315 0 5018800 5296060 5541471 5026755 6927 6284 10567513 10329099 X 5243867 5868611 354932 330185 5598799 6198796 16166312 16527895 578715 21282 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1125654 1125654 9221188 2417688 6803500 237880 56403 181477 768858 478376 290482 298724 238057 60667 8461780 BOND FUNDS 2057400 F 2057400 ACCRUED INTEREST 6284 6284 X 5862974 21282 21282 5841692 197346 197346 6039038 5262977 0 5262977 197346 197346 5460323 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE SCHOOL AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE SCHOOL HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL, AND HAS CONCLUDED THAT AS OF JUNE 30, 2016, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 197,346. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 197,346. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PUBLICATION OF NONDISCRIMINATORY POLICY ADVERTISEMENT PLACED IN LOCAL NEWSPAPER ANNUALLY. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES SENIORS TRAVEL TO COSTA RICA EACH YEAR AS PART OF A SERVICE PRACTICUM. 24764 0 0 0 0 0 0 24764 0 24764 0 0 0 0 0 0 AUCTION 143924 77605 66319 13235 800 24249 STOP HUNGER NOW 42770 42770 575 286 31876 2 47880 35652 12228 1314 7233 2710 2124 234574 156027 78547 1889 7519 15945 800 58249 84402 -5855 0 TUITION ASSISTANCE 44 197346 JOSHUA ESTEP BOARD MEMBER 8445 TUITION DISCOUNT MARGARET FINNEGAN EMPLOYEE OF ORGANIZATION AND SPOUSE OF BOARD MEMBER 25175 PAYROLL 0 FORM 990, PART VI, SECTION A, LINE 6 CARY CHRISTIAN SCHOOL, INC. REQUIRES ALL OF OUR FAMILIES TO BE MEMBERS OF THE CORPORATION WITH MEMBERSHIP RENEWED ANNUALLY EACH JANUARY. FORM 990, PART VI, SECTION A, LINE 7A THE CORPORATION MEMBERS VOTE EACH YEAR TO ELECT THE BOARD MEMBERS. BOARD MEMBERS SERVE THREE-YEAR TERMS. FORM 990, PART VI, SECTION A, LINE 7B THE CORPORATION MEMBERS VOTE EACH YEAR TO ELECT THE BOARD MEMBERS. BOARD MEMBERS SERVE THREE-YEAR TERMS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE FINANCE MANAGER, THE DIRECTOR OF FINANCE AND OPERATIONS, AND THE BOARD TREASURER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD COMMITS ITSELF AND ITS MEMBERS TO BIBLICAL, ETHICAL, PROFESSIONAL, AND LAWFUL CONDUCT, INCLUDING PROPER USE OF AUTHORITY AND APPROPRIATE DECORUM WHEN ACTING AS BOARD MEMBERS. MEMBERS MUST REPRESENT LOYALTY WITHOUT CONFLICT TO THE INTERESTS OF THE OWNERSHIP. THIS ACCOUNTABILITY SUPERSEDES ANY CONFLICTING LOYALTY SUCH AS THAT TO ADVOCACY OR INTEREST GROUPS AND MEMBERSHIP ON OTHER BOARDS OR STAFFS. IT ALSO SUPERSEDES THE PERSONAL INTEREST OF ANY BOARD MEMBER ACTING AS A CONSUMER OF THE ORGANIZATION'S SERVICES. MEMBERS MUST AVOID CONFLICT OF INTEREST WITH RESPECT TO THEIR FIDUCIARY RESPONSIBILITY. BOARD MEMBERS MAY NOT ATTEMPT TO EXERCISE INDIVIDUAL AUTHORITY OVER THE ORGANIZATION EXCEPT AS EXPLICITLY SET FORTH IN BOARD POLICIES AND BOARD MEMBERS WILL RESPECT THE CONFIDENTIALITY APPROPRIATE TO ISSUES OF A SENSITIVE NATURE. FORM 990, PART VI, SECTION B, LINE 15 THE CARY CHRISTIAN SCHOOL POLICY GOVERNANCE MANUAL STATES THAT THE BOARD REVIEWS FULL COMPENSATION FOR HEADMASTER ANNUALLY WITH INCREASES/CHANGES BASED ON PERFORMANCE AND OTHER FACTORS. COMPARATIVE DATA IS USED FROM PUBLIC/PRIVATE EDUCATIONAL SECTOR AND CONSIDERATION OF APPLICABLE BUSINESS FACTORS. ONE MEMBER AND THE PRESIDENT PRESENT RECOMMENDATION TO BOARD FOR ANY CHANGES. RECOMMENDATION IS DISCUSSED WITH THE GOAL (BUT NOT REQUIREMENT) OF REACHING CONSENSUS. FINAL PACKAGE RECORDED IN EXECUTIVE SESSION MINUTES AND PRESENTED VIA LETTER FROM BOARD TO HEADMASTER. FORM 990, PART VI, SECTION C, LINE 19 THE CARY CHRISTIAN SCHOOL (CCS) POLICY GOVERNANCE MANUAL IS MAINTAINED ON THE CCS WEBSITE. THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THAT MANUAL. THE FORM 990 AND FINANCIAL STATEMENTS ARE KEPT ON SITE AND IS AVAILABLE UPON REQUEST FOR PUBLIC INSPECTION. FORM 990, PART XII, LINE 2C PROCESS HAS NOT CHANGED FROM PRIOR YEAR.