2016-05-05T11:10:31-05:00 2015-06-30 741130599 PATTILLO BROWN & HILL LLP P O BOX 20725 WACO TX 767020725 990 2014-07-01 770616274 LIVE OAK CLASSICAL SCHOOL LIVE 2547141007 P O BOX 647 WACO TX 76703 ALISON MOFFATT HEAD OF SCHOOL 2547141007 2016-05-04 1 SHARON M HERWALD CPA P00079864 2547724901 2014 2016-08-17 19:52:53Z ALISON MOFFATT P O BOX 647 WACO TX 76703 3672861 0 X LIVEOAKCLASSICAL.COM X 2003 TX LIVE OAK CLASSICAL SCHOOL STRIVES TO EQUIP STUDENTS TO LOVE GOD WITH ALL THEIR HEARTS, SOULS AND MINDS. WE DRAW ON THE CLASSICAL TOOLS OF LEARNING TO PREPARE STUDENTS TO REASON CLEARLY, COMMUNICATE EFFECTIVELY, & ACT RESPONSIBILY IN THE WORLD, ALL FOR THE GLORY OF GOD. 11 10 132 475 0 0 203588 569558 2555358 2945150 659 554 56682 101139 2816287 3616401 213225 260750 0 0 1918820 2019771 0 0 41083 633990 720673 2766035 3001194 50252 615207 2685037 3248582 1718347 1666685 966690 1581897 LIVE OAK CLASSICAL SCHOOL STRIVES TO EQUIP STUDENTS TO LOVE GOD WITH ALL THEIR HEARTS, SOULS AND MINDS. WE DRAW ON THE CLASSICAL TOOLS OF LEARNING TO PREPARE STUDENTS TO REASON CLEARLY, COMMUNICATE EFFECTIVELY,& ACT RESPONSIBILY IN THE WORLD,ALL FOR THE GLORY OF GOD. 0 0 2725269 260750 2949204 TO PROVIDE A CHRISTIAN AND CLASSICAL EDUCATION FOR CHILDREN IN GRADES K THROUGH 12. DURING THE YEAR ENDED JUNE 30, 2015, THE SCHOOL PROVIDED EDUCATION FOR 375 STUDENTS. 2725269 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 132 1 0 0 0 0 0 1 1 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X SHERYL GROPPE 2547141007 420 S 5TH STREET WACO TX 76706 JEREMY COUNSELLER PRESIDENT 15.00 X X 0 0 0 MARCUS BROOKS VICE-PRESIDENT 5.00 X X 0 0 0 CHRIS HOLMES SECRETARY 5.00 X X 0 0 0 DENNIS TUCKER PAST PRESIDENT 5.00 X X 0 0 0 MONA CHOUCAIR BOARD MEMBER 1.00 X 0 0 0 JEFF WALLACE BOARD MEMBER 1.00 X 0 0 0 DAVID STRINGER BOARD MEMBER 1.00 X 0 0 0 HOLLY HELMER BOARD MEMBER 1.00 X 0 0 0 JULIE KEITH BOARD MEMBER 1.00 X 0 0 0 JENNIFER DAILY BOARD MEMBER 1.00 X 0 0 0 MARCUS BROOKS BOARD MEMBER 1.00 X 0 0 0 DONNA MANITZAS BOARD MEMBER 1.00 X 0 0 0 ALISON MOFFAT HEAD OF SCHOOL,NON-VOTING 40.00 X X 53375 0 0 FRANK ALEXANDER TREASURER 20.00 X 21625 0 0 SHERYL GROPPE CFO, NON-VOTING 40.00 X 34458 0 0 109458 0 0 0 0 0 0 0 30777 538781 569558 TUITION & FEES 611110 2828704 2828704 HOT LUNCHES 611110 66080 66080 EXTRACURRICULAR EVENTS 611110 50366 50366 2945150 554 554 6000 0 6000 6000 6000 106272 30777 15187 91085 91085 45327 41273 4054 4054 3616401 2949204 0 97639 260750 260750 113378 113378 1590391 1550430 5886 34075 166795 162604 617 3574 149207 135779 10444 2984 4347 4347 4540 4540 29855 29405 450 64801 6873 57928 10823 10823 172729 172729 18205 16191 2014 1909 1909 74837 74837 95486 95486 CURRICULUM/CLASSROOM EX 84217 84217 ATHLETIC EXPENSES 70216 70216 FOOD 65243 65243 FIELD TRIPS 23465 23465 3001194 2725269 234842 41083 58223 171461 146503 648469 48828 37865 5917 8827 22167 23038 2648931 290009 2403399 2358922 2685037 3248582 46061 50472 223200 245713 1449086 1370500 1718347 1666685 X 22136 88874 14930 563399 929624 929624 966690 1581897 2685037 3248582 615207 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 269000 269000 2047929 170759 1877170 332002 119250 212752 2358922 X 3797644 181243 181243 3616401 0 3616401 3182437 181243 181243 3001194 0 3001194 PART X, LINE 2: THE ORGANIZATION WAS GRANTED TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THESE FINANCIAL STATEMENTS. THE ORGANIZATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION, WHICH IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1) AND 170(B)(1)(A)(VI) OF THE CODE. THE ORGANIZATION'S TAX RETURNS ARE GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: TRANSFER TO TEMPORARILY RESTRICTED FUNDS SHOWN AS EXPENSE ON AUDIT 124,500. OTHER INCOME AMOUNT ADDED IN TWICE ON AUDIT 283. FUNDRAISING EXPENSES NOT OFFSET AGAINST REVENUE ON AUDIT 15,187. COGS NOT OFFSET AGAINST REVENUE ON AUDIT 41,273. PART XII, LINE 2D - OTHER ADJUSTMENTS: TRANSFER TO TEMPORARILY RESTRICTED FUNDS SHOWN AS EXPENSE ON AUDIT 124,500. OTHER INCOME AMOUNT ADDED IN TWICE ON AUDIT 283. FUNDRAISING EXPENSES NOT OFFSET AGAINST REVENUE ON AUDIT 15,187. COGS NOT OFFSET AGAINST REVENUE ON AUDIT 41,273. 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 SCHOOL PUBLISHES A NONDISCRIMNATORY STATEMENT ANNUALLY IN AN AD IN THE WACO TODAY MAGAZINE, THE STANDARD (OUR HANDBOOK FOR ALL PARENTS AND STUDENTS), AND ON OUR WEBSITE. GALA 137049 30777 106272 4082 5557 5548 137049 30777 106272 4082 5557 5548 15187 91085 0 TUITION ASSISTANCE 93 260750 FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE 990 WAS PROVIDED TO EACH BOARD MEMBER PRIOR TO FILING. AFTER REVIEW, THE FINANCE COMMITTEE RECOMMENDED TO THE FULL BOARD THAT THE RETURN BE APPROVED AND THAT THE CFO BE INSTRUCTED TO SIGN AND FILE THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL AFFIRMATION OF THE POLICY IS INDIVIDUALLY SIGNED BY EACH BOARD MEMBER AND KEY STAFF FORM 990, PART VI, SECTION B, LINE 15 ANNUAL WRITTEN REVIEWS OF ALL EDUCATORS AND KEY STAFF ARE REVIEWED BY THE HEAD OF SCHOOL AND REPORTED TO THE BOARD. ALL SALARY AND BENEFITS ARE APPROVED BY THE FINANCE COMMITTEE AND FULL BOARD DURING THE BUDGETING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.