2015-05-14T17:16:44-05:00 2014-06-30 SMITH & HOWARD PC 271 17TH STREET SUITE 1600 ATLANTA GA 30363 990 2013-07-01 202178473 GREATER ATLANTA CHRISTIAN FOUNDATION INC % JOSHUA THOMASON GREA 7702432000 1575 INDIAN TRAIL ROAD Suite NORCROSS GA 300932614 Dr David L Fincher President 7702432000 2015-04-15 true MARC AZAR P00746804 7702432000 2013 2016-02-25 16:41:14Z DR DAVID L FINCHER 1575 INDIAN TRAIL ROAD NORCROSS GA 300932614 10432674 false X N/A X 2005 GA TO IMPROVE AND EXPAND THE MISSION OF GREATER ATLANTA CHRISTIAN SCHOOLS, INC., A 501(C)(3) ORGANIZATION. 19 15 0 0 0 0 0 0 0 1305059 2291847 0 0 1305059 2291847 0 0 0 0 0 0 0 0 0 204600 214346 204600 214346 1100459 2077501 37815477 42973971 4295 4380 37811182 42969591 X THE GREATER ATLANTA CHRISTIAN FOUNDATION IS A SUPPORTING ORGANIZATION OF GREATER ATLANTA CHRISTIAN SCHOOLS, INC (FEIN 58-0960612). THE FOUNDATION IMPROVES AND EXPANDS THE MISSION OF GREATER ATLANTA CHRISTIAN SCHOOLS, INC BY SECURING FINANCIAL SUPPORT FROM A VARIETY OF SOURCES AND BY CONSIDERING AND SELECTING APPROPRIATE INVESTMENT OF THE ASSETS OF THE FOUNDATION FOR THE LONG-TERM BENEFIT OF THE FOUNDATION AND FOR GREATER ATLANTA CHRISTIAN SCHOOLS, INC. false false 0 SELECTING APPROPRIATE INVESTMENTS AND DETERMINING APPROPRIATE EXPENDITURES FOR THE LONG-TERM BENEFIT OF THE FOUNDATION AND FOR GREATER ATLANTA CHRISTIAN SCHOOLS, INC. 0 true false false false false false false false true false true false false true true false true false false true 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 X 1 0 true 0 false true CJ false false false false false false false false X 19 15 true false false false false false false true true false false true true true true true true false GA X JOSHUA THOMASON 7702432000 1575 INDIAN TRAIL ROAD NORCROSS GA 300932614 X J WILLIAM SCHROER CHAIRMAN 1.0 1.0 X 0 0 0 JAMES E COMBEE VICE CHAIRMAN 1.0 1.0 X ROBERT MCMAHAN SECRETARY/TREASURER 1.0 1.0 X LEE FREEMAN BOARD MEMBER 1.0 1.0 X BART HARPER BOARD MEMBER 1.0 1.0 X WILLIAM J LONG BOARD MEMBER 1.0 1.0 X JOE ARNOLD BOARD MEMBER 1.0 1.0 X FERNANDO NASMYTH BOARD MEMBER 1.0 1.0 X TERRY NICHOLS BOARD MEMBER 1.0 X STEVE EATON BOARD MEMBER 1.0 1.0 X TODD STEWART BOARD MEMBER 1.0 1.0 X JAMES J TIDWELL BOARD MEMBER 1.0 1.0 X JIM CONKEL BOARD MEMBER 1.0 1.0 X JEFF FOXWORTHY BOARD MEMBER 1.0 1.0 X JOHN WOOD BOARD MEMBER 1.0 1.0 X MELANIE LANGSETT BOARD MEMBER 1.0 X ED BASTIAN BOARD MEMBER 1.0 X RUSS REYNOLDS BOARD MEMBER 1.0 1.0 X MAC SCHNEIDER BOARD MEMBER 1.0 X DR DAVID L FINCHER PRESIDENT 5.0 55.0 X 248422 21812 JOSHUA THOMASON Finance Officer 5.0 55.0 X 102460 19234 0 350882 41046 0 false true false Raymond James 880 Carillon Parkway ST PETERSBURG FL 33716 INVESTMENT ADVISORS 130049 1 0 0 1169255 1169255 0 0 0 0 0 9263419 8140827 1122592 1122592 1122592 0 0 0 0 2291847 2291847 0 0 0 0 0 0 0 0 0 0 0 4380 4380 0 0 0 209966 0 209966 0 0 0 0 0 0 0 0 0 0 0 0 0 0 214346 0 214346 0 X 0 0 2594339 1924366 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 31845308 37441145 3375830 3608460 0 0 0 0 0 0 37815477 42973971 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4295 4380 4295 4380 X 19788785 22939901 11184893 13141200 6837504 6888490 37811182 42969591 37815477 42973971 X 2077501 3576179 -495271 X false true X true false X X X GREATER ATLANTA CHRISTIAN SCHOOLS INC 580960612 02 true true true 707239 1 707239 false false 37811179 212054 5867939 921581 42969591 33537968 979950 4169573 671712 204600 37811179 34993309 209558 -208542 1248385 207972 33537968 28643392 1028816 6075866 754765 34993309 25089882 1702463 2766761 720151 195562 28643393 0.53390 0.16030 0.30580 false false 3608460 F 3608460 0 DUE TO GREATER ATLANTA CHRISTI 4380 4380 X PART V, LINE 4 THERE ARE CURRENTLY SIX MAJOR ENDOWMENT FUNDS OF THE GREATER ATLANTA CHRISTIAN FOUNDATION AND EACH IMPROVES OR EXPANDS THE MISSION OF GREATER ATLANTA CHRISTIAN SCHOOLS, INC. IN A SPECIFIC WAY. THE SIX MAJOR ENDOWMENT FUNDS ARE THE SUSTAINING ENDOWMENT, ACADEMIC SUPPORT ENDOWMENT, FACULTY QUALITY & GROWTH ENDOWMENT, CHRISTIAN LIFE ENDOWMENT, FINANCIAL AID ENDOWMENT, AND THE FACILITY CARE ENDOWMENT. PART X, LINE 2 GACS AND CASE ARE RECOGNIZED AS ORGANIZATIONS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE(THE "CODE"). THE FOUNDATION IS RECOGNIZED AS A SUPORRTING ORGANIZATION OF GACS AND IS ALSO EXEMPT FROM INCOME TAXES. ONLY UNRELATED BUSINESS INCOME AS DEFINED BY SECTION 512(A)(1) OF THE CODE IS SUBJECT TO INCOME TAXES. UNDER THE CODE, THE TAXABLE ACTIVITIES OF GRR AND NHR ARE ALLOWED TO BE REPORTED IN CONJUNCTION WITH ACTIVITIES OF CACS FOR TAX REPORTING PURPOSES. DURING 2014 AND 2013, ALL THE ACTIVITIES OF grr AND nhr QUALIFY AS EXEMPT ACTIVITIES AND DO NOT GIVE RISE TO UNRELATED BUSINESS INCOME. THE SCHOOL ANNUALLY EVALUATES ALL FEDERAL AND STATE INCOME TAX POSITIONS. THIS PROCESS INCLUDES AN ANALYSIS OF WHETHER THESE INCOME TAX POSITIONS THE SCHOOL TAKES MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION UNDER THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS CODIFICATION. IN THE NORMAL COURSE OF BUSINESS, THE SCHOOL IS SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE TAXING AUTHORITIES. IN GENERAL, THE SCHOOL IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR TAX YEARS ENDING BEFORE JUNE 30, 2011. Central America and the Caribbean Investments false false false false false false X false true X X X false true false false false false false false false DR DAVID L FINCHER PRESIDENT 248422 12702 9456 270580 PART 1, LINE 1A THE FOUNDATION PAYS MONTHLY MEMBERSHIP FEES FOR AN OFFICER TO CONDUCT VARIOUS BUSINESS MATTERS. PART 1, LINE 1B THE SAME COMMITTEE OF THE BOARD THAT DETERMINES OFFICER COMPENSATION ALSO APPROVED THE PAYMENT OF MEMBERSHIP FEES. THE MEMBERSHIPS ARE SEEN AS NECESSARY BUSINESS EXPENSES RELATED TO THE OFFICER'S ROLE IN THE ORGANIZATION. THE BENEFITS OBTAINED THROUGH THOSE MEMBERSHIPS (FUNDRAISING AND PUBLIC RELATIONS) FAR OUTWEIGH THE COSTS. PART I, LINE 4B DAVID L FINCHER, PRESIDENT OF GREATER ATLANTA CHRISTIAN FOUNDATION, INC. AND THE RELATED ORGANIZATION GREATER ATLANTA CHRISTIAN SCHOOLS, INC., PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THROUGH GREATER ATLANTA CHRISTIAN SCHOOLS, INC. DURING 2007, THE GREATER ATLANTA CHRISTIAN SCHOOLS, INC. BOARD APPROVED A DEFERRED COMPENSATION PLAN FOR THE BENEFIT OF DR. FINCHER. DR. FINCHER WILL VEST IN THE PLAN UPON INVOLUNTARY SEPARATION FROM SERVICE OR ATTAINING AGE 65. THE PAYOUT FOR THE DEFERRED COMPENSATION PLAN IS A LUMP SUM AMOUNT OF $1,500,000. DR. FINCHER WILL RECEIVE THE PAYMENT UNDER THE FOLLOWING CONDITIONS: - ATTAINING AGE 65 AND STILL EMPLOYED AT THE SCHOOL - TERMINATION WITHOUT CAUSE - PERMANENTLY DISABLED, ONCE REACHING AGE 65 - UPON DEATH, HIS HEIRS ARE ENTITLED TO THE PAYMENT WHEN HE WOULD HAVE REACHED 65 YEARS OF AGE. THE SCHOOL HAS A LIFE INSURANCE POLICY ON DR. FINCHER TO PAY HIS HEIRS; THE POLICY CANCELS WHEN DR. FINCHER REACHES AGE 65. THE AMOUNT OF BENEFIT ACCRUED IN THE TAX YEAR WAS $50,443. THE PLAN IS CURRENTENTLY UNFUNDED AND THE PRESENT VALUE AS OF JUNE 30, 2014 WAS $1,447,737. PART II DAVID L FINCHER RECEIVES COMPENSATION FROM A RELATED ORGANIZATION, GREATER ATLANTA CHRISTIAN SCHOOLS, INC. DR. FINCHER'S COMPENSATION IS PAID ENTIRELY BY THE SCHOOL; HE RECEIVES NO COMPENSATION FROM GREATER ATLANTA CHRISTIAN FOUNDATION, INC. PART VI, LINE 2 JAMES E COMBEE (DIRECTOR) AND BART HARPER (DIRECTOR) - FAMILY & BUSINESS RELATIONSHIP TODD STEWART (DIRECTOR) AND JAMES J TIDWELL (DIRECTOR) - FAMILY RELATIONSHIP PART VI, LINE 11A The Form 990 is distributed electronically to all board members of Greater Atlanta Christian Foundation for their review at least one week before the filing deadline. All questions, comments, and corrections made by the board members are addressed before the return is filed. The return is reviewed in detail by the External Reporting Committee of the board. PART VI, LINE 12C On an annual basis the board reviews the conflict of interest policy, completes the questionnaire, and acknowledges by signature their compliance with the policy. The questionnaires are reviewed by the board, management and auditors annually. Board members refrain from both discussion and voting on all matters related to the conflict. PART VI, LINE 15 NO COMPENSATION WAS PAID FROM THE GREATER ATLANTA CHRISTIAN FOUNDATION, INC. DAVID L FINCHER AND JOSHUA THOMASON RECEIVE COMPENSATION FROM A RELATED ORGANIZATION, GREATER ATLANTA CHRISTIAN SCHOOLS, INC. DR. FINCHER'S AND MR.THOMASON'S COMPENSATION IS PAID ENTIRELY BY THE SCHOOL; THEY RECEIVE NO COMPENSATION FROM GREATER ATLANTA CHRISTIAN FOUNDATION, INC. PART VI, LINE 19 The GAC Foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. PART XI, LINE 5 495,272 Transfers from related organization GREATER ATLANTA CHRISTIAN SCHOOLS INC 1575 INDIAN TRAIL ROAD NORCROSS GA 30093 580960612 SCHOOL GA 501(C)(3) 2 N/A false Central Africa School of Excellence 1575 Indian Trail Road Norcross GA 30093 471230312 School RW 501(c)(3) 2 NA false false false false false true false false false false false false false true true false false true true