2016-11-14T13:52:58-06:00 2016-06-30 410746749 CLIFTONLARSONALLEN LLP 402 SOUTH KENTUCKY AVENUE SUITE 600 LAKELAND FL 33801 990 2015-07-01 592298398 THE VANGUARD SCHOOL OF LAKE WALES FLORIDA INC VANG 8636766091 22000 HIGHWAY 27 LAKE WALES FL 33859 HAROLD MAREADY HEAD OF SCHOOL 8636766091 2016-11-14 1 TORI LEHMAN P00313085 8636805600 2016-11-14 2015 2017-02-10 21:41:12Z HAROLD MAREADY 22000 HIGHWAY 27 LAKE WALES FL 33859 6617375 0 X VANGUARDSCHOOL.ORG X 1983 FL AN INDEPENDENT, CO-EDUCATIONAL, BOARDING AND DAY SCHOOL FOR STUDENTS WHO LEARN DIFFERENTLY. 13 13 85 13 0 0 462273 587214 4233449 4318380 87632 67493 60041 26926 4843395 5000013 620991 518125 0 0 2686354 2684140 0 0 83297 2113126 2034693 5420471 5236958 -577076 -236945 12447782 11207513 3293818 2524320 9153964 8683193 THE VANGUARD SCHOOL IS AN INDEPENDENT, CO-EDUCATIONAL, BOARDING AND DAY SCHOOL FOR STUDENTS WHO LEARN DIFFERENTLY. VANGUARD STRIVES TO ENSURE EACH STUDENT ASPIRES TO HIGHER EDUCATIONAL OPPORTUNITIES AND INDEPENDENT LIFE. 0 0 3950722 518125 4318380 PROVIDED SECONDARY EDUCATION TO A MAXIMUN OF 140 STUDENTS WITH LEARNING DIFFICULTIES. 3950722 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 29 0 85 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 FL X KRISTINA RENTERIA 8636766091 22000 HIGHWAY 27 LAKE WALES FL 33859 PETER PHILLIPS CHAIRMAN 1.00 0.00 X X 0 0 0 TOM OWEN VICE CHAIRMAN 1.00 1.00 X X 0 0 0 JOHN DAVID ALEXANDER TRUSTEE 1.00 0.00 X 0 0 0 LILI GEEHR TRUSTEE 1.00 0.00 X 0 0 0 ROYCE GODWIN TRUSTEE 1.00 0.00 X 0 0 0 KYLE GREEN TRUSTEE 1.00 0.00 X 0 0 0 ARNOLD HAYNES TRUSTEE 1.00 1.00 X 0 0 0 HOWARD KAY TRUSTEE 1.00 0.00 X 0 0 0 MAX LINTON TRUSTEE 1.00 0.00 X 0 0 0 FREDERICK J MURPHY TRUSTEE 1.00 0.00 X 0 0 0 VIOLETA SALUD TRUSTEE 1.00 1.00 X 0 0 0 LYNN B SHELTON TRUSTEE 1.00 0.00 X 0 0 0 JUNE ULLMAN TRUSTEE 1.00 0.00 X 0 0 0 HAROLD MAREADY HEAD OF SCHOOL 40.00 1.00 X 182500 0 7103 MARIA HEWITT BUSINESS MANAGER/TREASURER 40.00 1.00 X 74820 0 9755 KRISTINA RENTERIA BUSINESS MANAGER/TREASURER 40.00 1.00 X 4346 0 0 261666 0 16858 1 0 1 0 HUNT CONSTRUCTION 5830 SCOTT LAKE HILLS LANE LAKELAND FL 33813 REMODELING 1796767 SAGE DINING SERVICES 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 FOOD SERVICE 485182 E&A CLEANING 529 W BRANNEN ROAD LAKELAND FL 33813 MAINTENANCE 275000 3 39452 291864 255898 35000 587214 TUITION & FEES 611110 4261831 4261831 SUMMER CAMP REVENUE 611110 53650 53650 ATHLETIC PROGRAMS 611110 2899 2899 4318380 67893 67893 14325 0 14325 14325 14325 1560939 200 1560939 600 0 -400 -400 -400 40362 39452 55723 -15361 -15361 2230 100 2130 2130 MISCELLANEOUS INCOME 611110 18777 18777 YEARBOOK INCOME 611110 7055 7055 25832 5000013 4318380 0 94419 X 518125 518125 300367 216264 75092 9011 1896922 1382546 457468 56908 41747 30452 10043 1252 287580 200500 78817 8263 157524 114630 38168 4726 15130 15130 14064 14064 600897 510904 89993 39916 36779 3137 115984 42393 73591 64277 15378 48899 518090 442143 75947 33016 29714 3302 65196 3331 61865 27116 27116 274226 246803 27423 130502 117452 13050 SCHOOL PROGRAMS 56460 56460 INSTRUCTIONAL MATERIALS 18637 18637 MEMBERSHIPS AND SUBSCRI 6820 4740 2080 54362 250 54112 5236958 3950722 1202939 83297 311386 73475 809223 170843 53515 8889 49945 53102 11358322 5140517 4606399 6217805 6617314 4683399 12447782 11207513 1972467 1632549 594894 198201 726457 693570 3293818 2524320 X 9077988 8514139 75976 169054 9153964 8683193 12447782 11207513 X -236945 -127943 -105883 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 102792 102792 9918514 4155981 5762533 1337016 984536 352480 6217805 X 4352849 -127943 8858 -119085 4471934 528079 528079 5000013 4823620 114741 114741 4708879 528079 528079 5236958 PART X, LINE 2: ALTHOUGH ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(3) PAY NO TAX ON THEIR EXEMPT FUNCTION INCOME, THEY CAN BE LIABLE FOR BUSINESS TAX ON INCOME THEY EARN FROM ACTIVITIES NOT RELATED TO THEIR EXEMPT PURPOSE. FOR THE YEAR ENDED JUNE 30, 2015, MANAGEMENT BELIEVES THE SCHOOL ENGAGED IN NO ACTIVITIES THAT WERE NOT RELATED TO THEIR EXEMPT PURPOSE. THE SCHOOL HAS ADOPTED ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10 AS IT RELATES TO UNCERTAIN TAX POSITIONS. WHEN APPLICABLE, ANY INTEREST AND PENALTIES RECOGNIZED ASSOCIATED WITH A TAX POSITION ARE CLASSIFIED AS CURRENT IN THE SCHOOL'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 8,858. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 518,125. YEARBOOK SALES 7,055. ATHLETIC PROGRAM REVENUE 2,899. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 8,858. UNCOLLECTIBLE ACCOUNTS 105,883. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 518,125. YEARBOOK SALES 7,055. ATHLETIC PROGRAM REVENUE 2,899. 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 ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH THEIR WEBSITE AND BROCHURES. AUCTION 79814 39452 40362 47450 2216 2283 3774 79814 39452 40362 47450 2216 2283 3774 55723 -15361 1 SCHOLARSHIPS 40 518125 0 N/A N/A PART I, LINE 2: SCHOLARSHIP FUNDS ARE AWARDED BASED ON THE RECOMMENDATION OF THE SCHOLARSHIP COMMITTEE. THESE AWARDS ARE THEN DIRECTLY APPLIED AGAINST THE STUDENT'S TUITION FEES. THERE IS NO CASH AWARD GIVEN DIRECTLY TO THE STUDENT. X X X 0 0 0 0 0 0 0 0 0 HAROLD MAREADY HEAD OF SCHOOL 182500 0 0 0 0 0 2135 0 4968 0 189603 0 0 0 X AUCTION ITEMS 29 35000 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING, THE 990 IS REVIEWED BY THE TREASURER AND THE BOARD CHAIRMAN; A COPY IS PROVIDED TO EACH DIRECTOR PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANY POSSIBLE CONFLICT OF INTEREST SHALL BE DISCLOSED BY THE PERSON OR PERSONS CONCERNED TO THE PRESIDENT OF THE SCHOOL. WHEN A CONFLICT OF INTEREST IS RELEVANT TO A MATTER REQUIRING ACTION BY THE BOARD OF TRUSTEES, THE PRESIDENT SHALL CALL IT TO THE ATTENTION OF THE BOARD OF TRUSTEES AND SAID PERSON(S) SHALL NOT VOTE ON THE MATTER. WHEN THERE IS A DOUBT AS TO WHETHER A CONFLICT EXISTS, THE MATTER SHALL BE RESOLVED BY VOTE OF THE BOARD OF TRUSTEES, EXCLUDING THE PERSON(S) CONCERNING WHOSE SITUATION THE DOUBT HAS ARISEN. THE OFFICIAL MINUTES OF THE BOARD OF TRUSTEES SHALL REFLECT THAT THE CONFLICT OF INTEREST WAS DISCLOSED AND THE INTERESTED PERSON(S) WAS (WERE) NOT PRESENT DURING THE FINAL DISCUSSION OR VOTE AND DID NOT VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD COMPARES SALARIES OF COMPARABLE SCHOOLS IN THE GEOGRAPHICAL AREA PROVIDING COMPARABLE SPECIALIZED EDUCATION SERVICES. THE COMPENSATION PROCESS IS COMPLETED DURING THE BUDGETING PROCESS AND SALARIES ARE DETERMINED BY PERFORMANCE AND COMPARISON WITH OTHER SIMILAR SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G FOOD SERVICE CONTRACT: PROGRAM SERVICE EXPENSES 453,762. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 453,762. SPEECH CONSULTANT: PROGRAM SERVICE EXPENSES 16,590. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,590. PAYROLL ADMINISTRATION: PROGRAM SERVICE EXPENSES 38,893. MANAGEMENT AND GENERAL EXPENSES 12,964. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,857. OTHER CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 1,659. MANAGEMENT AND GENERAL EXPENSES 77,029. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 78,688. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE ACCOUNTS -105,883. THE VANGUARD SCHOOL FOUNDATION INC 22000 HIGHWAY 27 LAKE WALES FL 33859 593542447 SCHOLARSHIP FUNDS FL 501(C)(3) LINE 11C, III-FI 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0