2016-04-11T16:03:20-05:00 2015-05-31 LANE GORMAN TRUBITT PLLC 2626 HOWELL STREET SUITE 700 DALLAS TX 752044064 990 2014-06-01 202532325 Shelton Landmark Foundation % GLEN BROWN SHEL 9727741772 15720 Hillcrest Road Dallas TX 75248 GLEN BROWN TREASURER 9727741772 2016-04-15 true David H Ovesen P00740904 2148717500 2014 2016-08-17 19:52:53Z JAMES B REEDER CHAIRMAN 15720 HILLCREST ROAD DALLAS TX 75248 10000 false X N/A X 2005 TX SEE PART III. 10 7 0 0 0 0 0 0 0 0 0 10000 10000 10000 10000 0 0 0 0 0 0 0 0 0 248665 250665 248665 250665 -238665 -240665 5211543 4970878 0 0 5211543 4970878 TO SUPPORT AND BENEFIT THE JUNE SHELTON SCHOOL AND EVALUATION CENTER BY SOLICITING, RECEIVING, AND HOLDING REAL PROPERTY TO BENEFIT THE LONG-TERM GOALS, PURPOSES AND OBJECTIVES OF THE SCHOOL. false false 248665 10000 TO SUPPORT THE JUNE SHELTON SCHOOL AND EVALUATION CENTER BY PROVIDING MANAGEMENT AND OVERSIGHT OF THE FACILITY. SHELTON SCHOOL IS AN INDEPENDENT, NONSECTARIAN, COEDUCATIONAL, NONPROFIT SCHOOL WHOSE PURPOSE IS TO PROVIDE EXCELLENCE IN EDUCATION TO STUDENTS OF AVERAGE TO ABOVE-AVERAGE INTELLIGENCE WITH LEARNING DIFFERENCES FROM PRESCHOOL THROUGH GRADE 12. THE SCHOOL OFFERS A COMPREHENSIVE CURRICULUM WITH A STRONG ACADEMIC ORIENTATION AND A NURTURING FAMILY ATMOSPHERE THAT CONSIDERS THE PHYSICAL, INTELLECTUAL, EMOTIONAL AND SOCIAL GROWTH OF EACH STUDENT. SHELTON SERVES SOME 887 STUDENTS ANNUALLY. GRADUATES HAVE AN 75% SUCCESS RECORD OF ENTERING A 4-YEAR COLLEGE. 248665 true false false false false false false false false true true false false false false true true true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 true 0 false false false false false false false false false false X 10 7 false false false false false false false true true false false false true true true true true true true false X GLEN BROWN 9727741772 15720 HILLCREST ROAD Dallas TX 75248 GARY L WEBB VICE CHAIRMAN 1.0 2.0 X X 0 0 0 GLEN BROWN TREASURER 1.0 41.0 X X 0 167625 0 SUZANNE STELL EXECUTIVE DIRECTOR 1.0 41.0 X 0 229046 16936 JOYCE S PICKERING EXECUTIVE DIRECTOR EMERITA 1.0 41.0 X 0 131731 1500 JAMES R REEDER CHAIRMAN 1.0 1.0 X X 0 0 0 ROBERT WALKER SECRETARY 1.0 1.0 X X 0 0 0 PAUL NEUBACH MD TRUSTEE 1.0 1.0 X 0 0 0 CINDY WARD TRUSTEE 1.0 0.0 X 0 0 0 PAUL BILLINGS TRUSTEE 1.0 0.0 X 0 0 0 ED COPELAND TRUSTEE 1.0 0.0 X 0 0 0 0 528402 18436 0 false true false NA 0 0 0 0 0 0 10000 10000 0 10000 10000 0 0 0 0 0 10000 10000 0 0 0 0 0 0 0 0 0 0 0 0 2000 2000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 248665 248665 0 250665 248665 2000 0 181 8181 0 0 0 0 10000 10000 0 0 0 0 0 0 0 0 0 0 9049949 4097252 5201362 4952697 0 0 0 0 0 0 0 0 0 0 5211543 4970878 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5211543 4970878 0 0 0 0 5211543 4970878 5211543 4970878 X -240665 X X false true X true false X X X 1 JUNE SHELTON SCHOOL AND EVALUATION CENTER 751507280 2 true 0 0 1 true false false false false false false false false false false false false false false true false 6442451 277916 256973 1130 101822 6874388 5747159 284827 488159 77694 6442451 3494491 951157 604609 178725 92901 4778631 3423653 274060 1995 163999 41218 3494491 3408652 54747 38380 1366 3423653 0.55330 0.04360 0.40310 false true true 1478000 1478000 7459949 3985252 3474697 112000 112000 0 4952697 0 0 X 10000 10000 10000 250665 250665 250665 FIN 48 (ASC 740) FOOTNOTE SCHEDULE D, PART X, LINE 2 FOLLOWING IS THE TEXT FROM THE FOOTNOTES OF THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS: The Foundation is exempt from federal income taxes under Section 501(c)(3) of the United States Internal Revenue Code (the "Code") according to the United States Internal Revenue Service ("IRS") determination letter dated July 17, 2012, except to the extent it has unrelated business income. For the years ended May 31, 2015 and 2014, unrelated business income did not result in any material net taxable income, therefore no provision for income tax has been provided in the accompanying financial statements. The Foundation is required to file an annual Form 990-T with the United States Internal Revenue Service for any unrelated business income. GAAP requires the evaluation of tax positions taken or expected to be taken in the course of preparing the Foundation's financial statements to determine whether the tax positions are more likely than not of being sustained by the applicable tax authority. Tax positions not deemed to meet the more likely than not threshold would be recorded as a tax benefit or expense in the current year. A reconciliation is not provided herein, as the beginning and ending amounts of unrecognized benefits are zero, with no interim additions, reductions, or settlements. The Foundation is relying on its tax-exempt status and its adherence to all applicable laws and regulations to preserve that status. However, the conclusions regarding the uncertainty in income taxes will be subject to review and may be adjusted at a later date based on factors including, but not limited to, ongoing analysis of tax laws, regulations, and interpretations thereof. The Foundation recognizes interest and penalties, if any, related to uncertain tax positions as income tax expense. The Foundation's informational returns filed with the IRS are generally subject to examination for three years after the later of the due date or date of filing. As a result, the Foundation is no longer subject to income tax examinations by tax authorities for years prior to 2012. INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 THE ENDOWMENT FUNDS REPORTED CONSIST OF THE ACTIVITY OF A RELATED ORGANIZATION, JUNE F. SHELTON LEGACY FOUNDATION, WHICH IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE JUNE SHELTON SCHOOL AND EVALUATION CENTER. The June F. Shelton Legacy Foundation is a Texas nonprofit corporation, the principal purposes of which are to support, benefit and further the purposes of Shelton School, primarily by raising, preserving, managing and investing funds for the benefit of Shelton School. The beginning of year balance for column (B) PRIOR year incorporates prior period adjustments totaling $968,527 recorded in the audited GAAP financial statements in relation to the change in accounting method from modified cash basis to accrual method of accounting and proper reallocation of fixed assets among related entities for presentational purposes. X X X X false false false false false false false false false GLEN BROWN TREASURER 0 152625 0 15000 0 0 0 0 0 0 0 167625 0 0 SUZANNE STELL EXECUTIVE DIRECTOR 0 204046 0 25000 0 0 0 1500 0 15436 0 245982 0 0 REVIEW PROCESS OF FORM 990 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE ORGANIZATION'S CHIEF FINANCIAL OFFICER AND EXECUTIVE DIRECTOR. CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C ANY DECLARED CONFLICTS ARE REPORTED TO THE BOARD. IF THERE IS A CONFLICT, THAT MEMBER IS NOT ALLOWED TO PARTICIPATE IN ANY DISCUSSIONS OR VOTES. DETERMINATION OF COMPENSATION FORM 990, PART VI, SECTION B, LINE 15A THE SHELTON LANDMARK FOUNDATION DOES NOT DIRECTLY COMPENSATE ANY BOARD MEMBERS OR OFFICERS LISTED IN PART VII. THE RELATED ORGANIZATION, JUNE SHELTON SCHOOL AND EVALUATION CENTER, UTILIZES PUBLISHED INFORMATION FROM THEIR ACCREDITING BODY AS TO SALARY STRUCTURES BY POSITION. THE SCHOOL ALSO USES LOCAL PUBLIC SCHOOLS AS A BENCHMARK. THE EXECUTIVE COMMITTEE APPROVES THE EXECUTIVE DIRECTOR'S SALARY, WHICH IS DOCUMENTED IN THE COMMITTEE MEETING MINUTES. AVAILABILITY OF DOCUMENTS PART 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. AUDIT OVERSIGHT BOARD FORM 990, PART XII, LINE 2C NO CHANGE HAS BEEN MADE TO THE ORGANIZATION'S AUDIT OVERSIGHT PROCESS OR SELECTION PROCESS. THE JUNE F SHELTON LEGACY FOUNDATION 15720 HILLCREST ROAD DALLAS TX 75248 202131507 SUPPORT TX 501(C)(3) 11A-I SCHOOL false JUNE SHELTON SCHOOL & EVALUATION CENTER 15720 HILLCREST ROAD DALLAS TX 75248 751507280 SCHOOL TX 501(C)(3) 2 N/A false false false false false false false false false false true false false false true true false false false false NA