CARY CHRISTIAN SCHOOL INC: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
CARY CHRISTIAN SCHOOL INC (EIN 56-1894697)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-04-27
IRS object ID
201511179349300816
Schema version
2013v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-04-27T10:25:32-05:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN561965804PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1THOMAS JUDY & TUCKER P ABusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14700 FALLS OF NEUSE ROAD SUITE 400AddressLine1
CityRALEIGHCity
StateNCState
ZIP Code27609ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN561894697EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CARY CHRISTIAN SCHOOL INCORPORATEDBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlCARYBusinessNameControlTxt
Phone9193032560PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11330 OLD APEX RDAddressLine1
CityCARYCity
StateNCState
ZIP Code27513ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMES DICKMANPersonNm
Person TitleDIRECTOR OF FINANCEPersonTitleTxt
Phone9193032560PhoneNum
Signature2015-04-27SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKRISTEN HOYLE CPAPreparerPersonNm
PTINP00118964PTIN
Phone9195717055PhoneNum
Preparation2015-04-20PreparationDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCAMERON PERKINSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1819 HUNTSWORTH PLACEAddressLine1
CityCARYCity
StateNCState
ZIP Code27513ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$5,657,537GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CARYCHRISTIANSCHOOL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1994FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionPROVIDING AN EXCELLENT CLASSICAL EDUCATION FOUNDED UPON A BIBLICAL WORLDVIEW.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee130TotalEmployeeCnt
Total Volunteers100TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$338,764PYContributionsGrantsAmt
CY Contributions Grants$244,626CYContributionsGrantsAmt
PY Program Service Revenue$5,268,888PYProgramServiceRevenueAmt
CY Program Service Revenue$5,313,518CYProgramServiceRevenueAmt
PY Investment Income$2,670PYInvestmentIncomeAmt
CY Investment Income$890CYInvestmentIncomeAmt
PY Other Revenue$8,635PYOtherRevenueAmt
CY Other Revenue$38,392CYOtherRevenueAmt
PY Total Revenue$5,618,957PYTotalRevenueAmt
CY Total Revenue$5,597,426CYTotalRevenueAmt
PY Grants And Similar Paid$226,867PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$246,828CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,304,919PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,433,057CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,520,064PYOtherExpensesAmt
CY Other Expenses$2,795,801CYOtherExpensesAmt
PY Total Expenses$5,051,850PYTotalExpensesAmt
CY Total Expenses$5,475,686CYTotalExpensesAmt
PY Revenues Less Expenses$567,107PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$121,740CYRevenuesLessExpensesAmt
Total Assets BOY$16,630,021TotalAssetsBOYAmt
Total Assets EOY$16,257,445TotalAssetsEOYAmt
Total Liabilities BOY$11,562,965TotalLiabilitiesBOYAmt
Total Liabilities EOY$11,068,649TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,067,056NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,188,796NetAssetsOrFundBalancesEOYAmt
MissionOUR MISSION IS TO PROVIDE AN EXCELLENT CLASSICAL EDUCATION FOUNDED UPON A BIBLICAL WORLDVIEW. ALL SUBJECTS ARE TAUGHT AS PART OF AN INTEGRATED WHOLE, WITH THE SCRIPTURES AT THE CENTER, SERVING AS THE HUB OF ALL KNOWLEDGE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,673,025ExpenseAmt
Grant$246,828GrantAmt
Revenue$5,314,118RevenueAmt
DescPROVIDED INSTRUCTION TO STUDENTS IN THE VICINITY OF CARY, NC IN GRADES KINDERGARTEN THROUGH TWELFTH GRADE.Desc
Total Program Service Expenses$3,673,025TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related PersonYes (1)GrantToRelatedPersonInd
Business Rln With Org MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document45IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee130EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible ContributionsYes (1)NondeductibleContributionsInd
Nondeductible Contri DisclYes (1)NondeductibleContriDisclInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CYNTHIA WATERSBusinessNameLine1
FieldValueIRS element (for citing)
Phone9193032560PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11330 OLD APEX RDAddressLine1
CityCARYCity
StateNCState
ZIP Code27513ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
MARK CLARKSON
MEMBER1.00Yes (X)$0$0$0
WES MONTGOMERY
SECRETARY1.00Yes (X)$0$0$0Yes (X)
CAMERON PERKINS
PRESIDENT1.00Yes (X)$0$0$0Yes (X)
BRIAN FINNEGAN
VICE PRESIDENT1.00Yes (X)$0$0$0Yes (X)
CHRIS FLYTHE
MEMBER1.00Yes (X)$0$0$0
ROBERT ALFORD
TREASURER1.00Yes (X)$0$0$0Yes (X)
JEFF STONEBREAKER
MEMBER1.00Yes (X)$0$0$0
RICK WHARTON
FORMER PRESIDENT1.00Yes (X)$0$0$0Yes (X)
MARK HARTLEY
FORMER TREASURER1.00Yes (X)$0$0$0Yes (X)
WENDELL COOK
HEADMASTER40.00$119,263$0$8,900Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$119,263TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$8,900TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$146,633FundraisingAmt
All Other Contributions$97,993AllOtherContributionsAmt
Total Contributions$244,626TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES900099$5,198,486$5,198,486
OTHER SCHOOL ACTIVITIE900099$115,032$115,032
FieldValueIRS element (for citing)
Total Program Service Revenue$5,313,518TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$290TotalRevenueColumnAmt
Exclusion$290ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$390RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$390RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$390TotalRevenueColumnAmt
Exclusion$390ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$600OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$600OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$600TotalRevenueColumnAmt
Related Or Exempt Func Income$600RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$98,113FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$146,633ContriRptFundraisingEventAmt
Fundraising Direct Expenses$60,111FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$38,002TotalRevenueColumnAmt
Exclusion$38,002ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,597,426TotalRevenueColumnAmt
Related Or Exempt Func Income$5,314,118RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$38,682ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$246,828TotalAmt
Program Services$246,828ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$138,382TotalAmt
Program Services$138,382ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,074,895TotalAmt
Program Services$1,970,549ProgramServicesAmt
Management And General$104,346ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$219,780TotalAmt
Program Services$210,831ProgramServicesAmt
Management And General$8,949ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$28,157TotalAmt
Management And General$28,157ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$11,000TotalAmt
Management And General$11,000ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$16,709TotalAmt
Management And General$16,709ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$32,381TotalAmt
Management And General$32,381ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$362,912TotalAmt
Management And General$362,912ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
OFFICE AND ADMINISTRATI$1,118,756$1,118,756
FACILITIES$492,914$492,914
OTHER$306,818$306,818
EDUCATIONAL EXPENSES$306,703$306,703

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$119,451TotalAmt
Management And General$119,451ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,475,686TotalAmt
Program Services$3,673,025ProgramServicesAmt
Management And General$1,802,661ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,839,072BOYAmt
EOY$2,778,030EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$750,802BOYAmt
EOY$594,727EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$239,348BOYAmt
EOY$58,500EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,811,634BOYAmt
EOY$3,974,995EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$6,500BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$11,343,455LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,502,262LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$8,982,665BOYAmt
EOY$8,841,193EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$10,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$16,630,021BOYAmt
EOY$16,257,445EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$16,214BOYAmt
EOY$22,282EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$4,749,469BOYAmt
EOY$4,791,509EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$6,416,166BOYAmt
EOY$6,070,314EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$381,116BOYAmt
EOY$184,544EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$11,562,965BOYAmt
EOY$11,068,649EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,639,379BOYAmt
EOY$4,994,300EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$427,677BOYAmt
EOY$194,496EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,067,056BOYAmt
EOY$5,188,796EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$16,630,021BOYAmt
EOY$16,257,445EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$121,740ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$34,762BeginningYearBalanceAmt
Administrative Expenses$34,762AdministrativeExpensesAmt

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,125,654OtherCostOrOtherBasisAmt
Book Value$1,125,654BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,998,053OtherCostOrOtherBasisAmt
Depreciation$1,938,172DepreciationAmt
Book Value$7,059,881BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$218,652OtherCostOrOtherBasisAmt
Depreciation$20,012DepreciationAmt
Book Value$198,640BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$718,085OtherCostOrOtherBasisAmt
Depreciation$340,317DepreciationAmt
Book Value$377,768BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$283,011OtherCostOrOtherBasisAmt
Depreciation$203,761DepreciationAmt
Book Value$79,250BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$8,841,193TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
ACCRUED INTEREST$32,364
ACCRUED HOLDING LOSS ON INTEREST RATE SWAP$152,180
FieldValueIRS element (for citing)
Total Liability$184,544TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$5,349,998TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$5,349,998RevenueSubtotalAmt
Other Revenues Not Included$247,428OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$247,428RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,597,426TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,228,258TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$5,228,258ExpensesSubtotalAmt
Other Expenses Not Included$247,428OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$247,428ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,475,686TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE SCHOOL AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE SCHOOL HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL, AND HAS CONCLUDED THAT AS OF JUNE 30, 2014, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL IS SUBJECT TO THE ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE SCHOOL BELIEVES IT IS NO LONGER SUBJECT TO INCOME EXAMINATION FOR YEARS PRIOR TO 2011.
PART XI, LINE 4B - OTHER ADJUSTMENTS:TUITION ASSISTANCE 246,828. GAIN ON SALE 600.
PART XII, LINE 4B - OTHER ADJUSTMENTS:TUITION ASSISTANCE 246,828. GAIN ON SALE 600.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 3FormAndLineReferenceDesc
ExplanationPUBLICATION OF NONDISCRIMINATORY POLICY ADVERTISEMENT PLACED IN LOCAL NEWSPAPER ANNUALLY.ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionCENTRAL AMERICA AND THE CARIBBEANRegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedPROGRAM SERVICESTypeOfActivitiesConductedTxt
Specific Services ProvidedSENIORS TRAVEL TO COSTA RICA EACH YEAR AS PART OF A SERVICE PRACTICUM.SpecificServicesProvidedTxt
Region Total Expenditures$20,115RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$20,115SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$20,115TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Name Of Event1STOP HUNGER NOWNameOfEvent1Amt
Gross Receipts Event1$76,206GrossReceiptsEvent1Amt
Charitable Contri Event1$76,206CharitableContriEvent1Amt
Non Cash Prizes Event1$677NonCashPrizesEvent1Amt
Rent Facility Costs Event1$259RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$25,266OtherDirectExpensesEvent1Amt
Name Of Event2AUCTIONNameOfEvent2Amt
Gross Receipts Event2$125,080GrossReceiptsEvent2Amt
Charitable Contri Event2$36,935CharitableContriEvent2Amt
Gross Revenue Event2$88,145GrossRevenueEvent2Amt
Food And Beverage Event2$12,726FoodAndBeverageEvent2Amt
Entertainment Event2$800EntertainmentEvent2Amt
Other Direct Expenses Event2$13,520OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$43,460GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$33,492CharitableContriOtherEventsAmt
Gross Revenue Other Events$9,968GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events$2,439NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$3,971RentFcltyCostsOtherEventsAmt
Oth Direct Expnss Other Events$453OthDirectExpnssOtherEventsAmt
Gross Receipts Total$244,746GrossReceiptsTotalAmt
Charitable Contributions Tot$146,633CharitableContributionsTotAmt
Gross Revenue Total Events$98,113GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$3,116NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$4,230RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$12,726FoodAndBeverageTotalEventsAmt
Entertainment Total Events$800EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$39,239OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$60,111DirectExpenseSummaryEventsAmt
Net Income Summary$38,002NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeTUITION ASSISTANCEGrantTypeTxt
Recipient53RecipientCnt
Cash Grant$239,028CashGrantAmt

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonWENDELL COOKPersonNm
Relationship With OrgOFFICER OF ORGANIZATIONRelationshipWithOrgTxt
Cash Grant$7,800CashGrantAmt
Type Of AssistanceTUITION DISCOUNTTypeOfAssistanceTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
MARGARET FINNEGAN
EMPLOYEE OF ORGANIZATION AND SPOUSE OF BOARD MEMBER$24,437PAYROLL0
MICHELLE CLARKSON
EMPLOYEE OF ORGANIZATION AND SPOUSE OF BOARD MEMBER$14,950PAYROLL0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6CARY CHRISTIAN SCHOOL, INC. REQUIRES ALL OF OUR FAMILIES TO BE MEMBERS OF THE CORPORATION WITH MEMBERSHIP RENEWED ANNUALLY EACH JANUARY.
FORM 990, PART VI, SECTION A, LINE 7ATHE CORPORATION MEMBERS VOTE EACH YEAR TO ELECT THE BOARD MEMBERS. BOARD MEMBERS SERVE THREE-YEAR TERMS.
FORM 990, PART VI, SECTION A, LINE 7BTHE CORPORATION MEMBERS VOTE EACH YEAR TO ELECT THE BOARD MEMBERS. BOARD MEMBERS SERVE THREE-YEAR TERMS.
FORM 990, PART VI, SECTION B, LINE 11THE FORM 990 IS REVIEWED BY THE FINANCE MANAGER, THE DIRECTOR OF FINANCE AND OPERATIONS, AND THE BOARD TREASURER PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD COMMITS ITSELF AND ITS MEMBERS TO BIBLICAL, ETHICAL, PROFESSIONAL, AND LAWFUL CONDUCT, INCLUDING PROPER USE OF AUTHORITY AND APPROPRIATE DECORUM WHEN ACTING AS BOARD MEMBERS. MEMBERS MUST REPRESENT LOYALTY WITHOUT CONFLICT TO THE INTERESTS OF THE OWNERSHIP. THIS ACCOUNTABILITY SUPERSEDES ANY CONFLICTING LOYALTY SUCH AS THAT TO ADVOCACY OR INTEREST GROUPS AND MEMBERSHIP ON OTHER BOARDS OR STAFFS. IT ALSO SUPERSEDES THE PERSONAL INTEREST OF ANY BOARD MEMBER ACTING AS A CONSUMER OF THE ORGANIZATION'S SERVICES. MEMBERS MUST AVOID CONFLICT OF INTEREST WITH RESPECT TO THEIR FIDUCIARY RESPONSIBILITY. BOARD MEMBERS MAY NOT ATTEMPT TO EXERCISE INDIVIDUAL AUTHORITY OVER THE ORGANIZATION EXCEPT AS EXPLICITLY SET FORTH IN BOARD POLICIES AND BOARD MEMBERS WILL RESPECT THE CONFIDENTIALITY APPROPRIATE TO ISSUES OF A SENSITIVE NATURE.
FORM 990, PART VI, SECTION B, LINE 15THE CARY CHRISTIAN SCHOOL POLICY GOVERNANCE MANUAL STATES THAT THE BOARD REVIEWS FULL COMPENSATION FOR HEADMASTER ANNUALLY WITH INCREASES/CHANGES BASED ON PERFORMANCE AND OTHER FACTORS. COMPARATIVE DATA IS USED FROM PUBLIC/PRIVATE EDUCATIONAL SECTOR AND CONSIDERATION OF APPLICABLE BUSINESS FACTORS. ONE MEMBER AND THE PRESIDENT PRESENT RECOMMENDATION TO BOARD FOR ANY CHANGES. RECOMMENDATION IS DISCUSSED WITH THE GOAL (BUT NOT REQUIREMENT) OF REACHING CONSENSUS. FINAL PACKAGE RECORDED IN EXECUTIVE SESSION MINUTES AND PRESENTED VIA LETTER FROM BOARD TO HEADMASTER.
FORM 990, PART VI, SECTION C, LINE 19THE CARY CHRISTIAN SCHOOL (CCS) POLICY GOVERNANCE MANUAL IS MAINTAINED ON THE CCS WEBSITE. THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THAT MANUAL. THE FORM 990 AND FINANCIAL STATEMENTS ARE KEPT ON SITE AND IS AVAILABLE UPON REQUEST FOR PUBLIC INSPECTION.
FORM 990, PART XII, LINE 2CPROCESS HAS NOT CHANGED FROM PRIOR YEAR.

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