2016-05-16T15:06:45-05:00 2015-06-30 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 1000 CHARLOTTE NC 28204 990 2014-07-01 541371815 THE J127 EDUCATION FOUNDATION J127 7038540619 9657 BLAKE LANE FAIRFAX VA 22031 CHRISTIN SOLY EXECUTIVE DIRECTOR 7038540619 2016-05-16 1 JANICE A RATICA P00358837 7043771678 2014 2016-08-17 19:52:53Z CHRISTIN SOLY 9657 BLAKE LANE FAIRFAX VA 22031 13594814 0 X WWW.MERRITTACADEMY.ORG, WWW.FIRSTSTEPSTYSONS.COM X 1986 VA ELEMENTARY EDUCATION AND DAY CARE SERVICES TO APPROXIMATELY 630 STUDENTS RANGING IN AGE FROM 6 WEEKS TO 14 YEARS. 3 1 348 3 0 0 75984 37942 11861554 13024419 154455 447752 45719 64127 12137712 13574240 69888 133782 0 0 7743443 8669519 0 0 706 3053930 3305564 10867261 12108865 1270451 1465375 12394730 13409627 6847214 6676553 5547516 6733074 THE J127 EDUCATION FOUNDATION RUNS ACTIVITIES OF THREE PRIVATE SCHOOLS IN NORTHERN VIRGINIA. 0 0 10621188 133782 13034099 ELEMENTARY EDUCATION AND DAY CARE SERVICES TO APPROXIMATELY 630 STUDENTS RANGING IN AGE FROM 6 WEEKS TO 14 YEARS. 10621188 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 1 1 1 0 0 0 0 0 1 0 1 0 1 27 0 1 348 1 0 0 0 0 0 0 0 0 0 0 X 3 1 1 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 0 1 0 VA X DESIREE KARDASHIAN 7032738000 9211 ARLINGTON BOULEVARD FAIRFAX VA 22031 SUSIE CLARK DIRECTOR 1.00 0.50 X 0 0 0 PAUL KLAASSEN VICE CHAIRMAN 1.00 2.00 X X 0 0 0 TERESA KLAASSEN CHAIRMAN 2.00 1.00 X X 0 0 0 CHRISTIN SOLY SECRETARY; EXECUTIVE DIRECTOR 20.00 20.00 X 84786 84786 8264 DELORES DEAN DIRECTOR OF FINANCE AND ADMIN 25.00 15.00 X 102150 0 8685 CAROL EDELSTEIN EXECUTIVE DIRECTOR 40.00 X 145288 0 9660 332224 84786 26609 3 0 1 0 0 37942 37942 TUITION 611110 12405467 12405467 OTHER SCHOOL RELATED INCOME 611110 618952 618952 13024419 238281 238281 46441 0 46441 46441 46441 212152 0 2681 212152 -2681 209471 209471 25899 17893 8006 8006 MISCELLANEOUS 900099 9680 9680 9680 13574240 13034099 0 502199 1196 1196 132586 132586 199753 139827 59926 7032729 6229920 802809 30125 24211 5914 862079 681948 180131 544833 490828 54005 18079 18079 32079 32079 163942 48892 115050 35437 35437 315919 259260 56659 14667 13483 1184 1148744 1092261 56483 1175 315 860 53545 50868 2677 464868 441625 23243 197671 187788 9883 FOOD SERVICES 366466 366466 SCHOOL OPERATIONS 310383 305782 4601 AFTER SCHOOL ACTIVITIES 87716 87716 PROPERTY TAXES 69701 66216 3485 25172 24466 706 12108865 10621188 1486971 706 1366270 791724 329481 46746 316436 267023 11358556 5341151 6259348 6017405 4090185 5678722 33010 608007 12394730 13409627 725994 661639 1241498 1239264 4879722 4775650 6847214 6676553 X 5547516 6731574 1000 500 5547516 6733074 12394730 13409627 1465375 -279817 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2419585 1105066 1314519 7911619 3753933 4157686 757699 390135 367564 269653 92017 177636 6017405 INVESTMENTS WITH J127 FOUNDATION 5678722 F 5678722 DEFERRED RENT INCENTIVE 323466 DUE TO RELATED PARTY 4452184 4775650 X 13150332 -279817 -132586 -412403 13562735 32079 -20574 11505 13574240 11964774 20574 20574 11944200 32079 132586 164665 12108865 PART X, LINE 2: THE EDUCATION FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE EFFECT OF THE GUIDANCE PROVIDED BY ACCOUNTING STANDARDS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES THAT THE EDUCATION FOUNDATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT JUNE 30, 2015. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THAT THE EDUCATION FOUNDATION HAD NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION DISCOUNTS SHOWN NET OF REVENUE ON FINANCIALS -132,586. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF EQUIPMENT -2,681. FUNDRAISING EXPENSES REPORTED NET OF INCOME -17,893. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED NET OF INCOME 17,893. LOSS ON DISPOSAL OF EQUIPMENT 2,681. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS SHOWN NET OF REVENUE ON FINANCIALS 132,586. 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 FOUNDATION'S WEBSITE INCLUDES A STATEMENT ABOUT OUR NONDISCRIMINARTORY POLICY. MISC EVENTS UNDER $5K 25899 25899 17893 25899 25899 17893 17893 8006 SCHEDULE G, PART II THE ORGANIZATION CONDUCTED 12 SPECIAL EVENTS/FUNDRAISERS DURING THE YEAR BUT NO INDIVIDUAL EVENT WAS OVER $5,000. 1 FINANCIAL AID TO STUDENT FAMILIES 23 132586 PART I, LINE 2: FINANCIAL AID AWARDED TO STUDENT FAMILIES IS MADE BASED UPON NEED AND APPLICATION, AND IS USED ONLY FOR TUITION. FINANCIAL AID MONEY IS CREDITED DIRECTLY TO THE STUDENTS' ACCOUNTS. X 1 1 X X 0 0 0 0 0 0 0 0 0 CHRISTIN SOLY SECRETARY; EXECUTIVE DIRECTOR 84786 84786 0 0 0 0 550 550 3582 3582 88918 88918 0 0 CAROL EDELSTEIN EXECUTIVE DIRECTOR 145288 0 0 0 0 0 1678 0 7982 0 154948 0 0 0 PART I, LINE 1A CHRISTIN SOLY (AN OFFICER OF THE J127 EDUCATION FOUNDATION) LIVES IN A HOUSE ON THE APPLETREE SCHOOL PROPERTY (LEASED BY THE FOUNDATION). LIVING IN THE HOUSE IS A CONDITION OF HER EMPLOYMENT SO THAT SHE CAN PERFORM ESSENTIAL SCHOOL BUSINESS AND ACTIVITIES AT THE HOME. CHRISTIN SOLY MS. SOLY IS A FAMILY MEMBER OF THE OFFICERS AND THE EXECUTIVE DIRECTOR 88918 COMPENSATION PAID TO MS. SOLY AS AN EMPLOYEE OF THE FOUNDATION. 0 APPLETREE OF FAIRFAX INC MR. & MRS. KLAASSEN ARE OFFICERS OF THE FOUNDATION AND OWNERS OF APPLETREE 152400 THE FOUNDATION LEASES PROPERTY FROM APPLETREE OF FAIRFAX INC. 0 PAUL AND TERESA KLAASSEN MR. & MRS. KLAASSEN ARE OFFICERS OF THE FOUNDATION 218577 THE FOUNDATION LEASES PROPERTY OWNED BY MR. & MRS. KLAASEN. 0 LINDSEY KLAASEN MS. KLAASEN IS A FAMILY MEMBER OF 3 OF THE OFFICERS OF THE ORGANIZATION. 19570 MS. KLAASEN WAS EMPLOYED BY THE FOUNDATION. 0 FORM 990, PART VI, SECTION A, LINE 2 PAUL AND TERESA KLAASSEN ARE HUSBAND AND WIFE. CHRISTIN SOLY IS THEIR DAUGHTER. FORM 990, PART VI, SECTION A, LINE 8B THE FOUNDATION HAS NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY AND THEREFORE THERE ARE NO MEETINGS TO DOCUMENT. FORM 990, PART VI, SECTION B, LINE 11 THE ACCOUNTING DIRECTOR REVIEWS THE FORM 990 AND THEN SUBMITS IT TO THE CHAIRMAN OF THE BOARD OR SECRETARY OF THE BOARD FOR REVIEW AND SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS COMPLETED A DISCLOSURE STATEMENT AND WILL DO SO ON AN ANNUAL BASIS. IN THE EVENT OF A POTENTIAL CONFLICT, THAT PERSON WILL RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS AND VOTE. FORM 990, PART VI, SECTION B, LINE 15B THE BOARD PERFORMS A THOROUGH REVIEW TO DETERMINE SUITABLE COMPENSATION. THIS PROCESS INCLUDES A REVIEW OF COMPARABILITY DATA. COMPARABILITY DATA CAN INCLUDE COMPENSATION SURVEYS, AND WRITTEN EMPLOYMENT CONTRACTS. THE BOARD RETAINS DOCUMENTATION OF THE DELIBERATION AND FINAL DECISION. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE FORM 990 IS AVAILABLE UPON REQUEST. THE J127 FOUNDATION 9657 BLAKE LANE FAIRFAX VA 22031 450523312 SUPPORTING ORGANIZATION TO J127 EDUCATION FOUNDATION VA 501(C)(3) LINE 11A, I THE J127 FOUNDATION 1 THE J127 REALTY FOUNDATION 9657 BLAKE LANE FAIRFAX VA 22031 571193777 501(C)(2) CONFERENCE CENTER VA 501(C)(2) THE J127 FOUNDATION 0 SUNRISE HOUSING FOUNDATION 9657 BLAKE LANE ARLINGTON VA 22031 542006566 DORMANT ORGANIZATION VA 501(C)(3) LINE 9 THE J127 FOUNDATION 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 1 0 1 1 0 THE J127 FOUNDATION E 4452184 FMV THE J127 FOUNDATION O 88919 FMV THE J127 REALTY FOUNDATION Q 368759 FMV THE J127 FOUNDATION R 5678722 FMV THE J127 FOUNDATION D 573298 FMV