2014-05-15T08:42:10-05:00 2013-06-30 SMITH & HOWARD PC 271 17TH STREET SUITE 1600 ATLANTA GA 30363 990 2012-07-01 202178473 GREATER ATLANTA CHRISTIAN FOUNDATION INC % JOSHUA THOMASON GREA 7702432000 1575 INDIAN TRAIL ROAD Suite NORCROSS GA 300932614 Dr David L Fincher 4048746244 2014-03-18 true MARC AZAR 4048746244 2012 2015-11-30 17:44:51Z DR DAVID L FINCHER 1575 INDIAN TRAIL ROAD NORCROSS GA 300932614 6854137 false X N/A X 2005 GA TO IMPROVE AND EXPAND THE MISSION OF GREATER ATLANTA CHRISTIAN SCHOOLS, INC., A 501(C)(3) ORGANIZATION. 20 14 0 0 0 0 0 0 0 1181685 1305059 0 0 1181685 1305059 0 0 0 0 0 0 0 0 0 207972 204600 207972 204600 973713 1100459 33542819 37815477 4850 4295 33537969 37811182 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 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 VI CJ false false false false false false false false X 20 14 true false false false false false false true true false false true true true true true true false false false GA X JOSHUA THOMASON 7702432000 1575 INDIAN TRAIL ROAD NORCROSS GA 300932614 X J WILLIAM SCHROER 1.0 1.0 X JAMES E COMBEE 1.0 1.0 X ROBERT MCMAHAN 1.0 1.0 X LEE FREEMAN 1.0 1.0 X BART HARPER 1.0 1.0 X 0 0 0 WILLIAM J LONG 1.0 1.0 X JOE ARNOLD 1.0 1.0 X FERNANDO NASMYTH 1.0 1.0 X TERRY NICHOLS 1.0 X STEVE EATON 1.0 1.0 X TODD STEWART 1.0 1.0 X TOM TABOR 1.0 1.0 X JAMES J TIDWELL 1.0 1.0 X JIM CONKEL 1.0 1.0 X JEFF FOXWORTHY 1.0 X JOHN WOOD 1.0 1.0 X MELANIE LANGSETT 1.0 X ED BASTIAN 1.0 X RUSS REYNOLDS 1.0 1.0 X MAC SCHNEIDER 1.0 X DR DAVID L FINCHER 6.0 54.0 X 244909 74713 RANDALL JACKSON 6.0 54.0 X 147445 27064 0 392354 101777 0 false true false Raymond James 880 Carillon Parkway ST PETERSBURG FL 33716 INVESTMENT ADVISORS 120305 1 X 0 0 848753 848753 0 0 0 0 0 6005384 5549078 456306 456306 456306 0 0 0 0 1305059 1305059 0 0 0 0 0 0 0 0 0 0 0 4295 4295 0 0 0 200305 200305 0 0 0 0 0 0 0 0 0 0 0 0 0 204600 0 204600 0 X 0 0 662215 2594339 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 28239575 31845308 4641029 3375830 0 0 0 0 0 0 33542819 37815477 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4850 4295 4850 4295 X 17331768 19788785 9732180 11184893 6474021 6837504 33537969 37811182 33542819 37815477 X 1100459 2864516 308238 X false true X true false X X X GREATER ATLANTA CHRISTIAN SCHOOLS INC 580960612 02 true true true 671712 1 671712 33537968 979950 4169573 671712 204600 37811179 34993309 209558 -208542 1248385 207972 33537968 28643392 1028816 6075866 754765 34993309 25089882 1702463 2766761 720151 195562 28643393 28469753 2217561 -5001238 441824 154370 25089882 0.52760 0.18080 0.29160 false false 3375830 F 3375830 0 DUE TO GREATER ATLANTA CHRISTI 4295 4295 X INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS 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. ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER ASC 740 PART X, LINE 2 GACS is recognized as an organization exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code (the "Code"). The Foundation is recognized as a supporting 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 GACS for tax reporting purposes. During 2013 and 2012, 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, 2010. Central America and the Caribbean Investments false false false false false false X X X false true false false false false false false false DR DAVID L FINCHER 242417 2492 12491 62548 319948 RANDALL JACKSON 145929 1516 8367 19023 174835 SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN 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 $48,685. THE PLAN IS CURRENTENTLY UNFUNDED AND THE PRESENT VALUE AS OF JUNE 30, 2013 WAS $1,397,295. COMPENSATION FROM A RELATED ORGANIZATION PART II DAVID L FINCHER AND RANDALL JACKSON RECEIVE COMPENSATION FROM A RELATED ORGANIZATION, GREATER ATLANTA CHRISTIAN SCHOOLS, INC. DR. FINCHER'S AND MR. JACKSON'S COMPENSATION IS PAID ENTIRELY BY THE SCHOOL; THEY RECEIVE NO COMPENSATION FROM GREATER ATLANTA CHRISTIAN FOUNDATION, INC. OFFICER, DIRECTOR, TRUSTEE OR KEY EMPLOYEE FAMILY/BUSINESS RELATIONSHIPS PART VI, LINE 2 JAMES E COMBEE (DIRECTOR) AND BART HARPER (DIRECTOR) - FAMILY & BUSINESS RELATIONSHIP JAMES E COMBEE (DIRECTOR) AND TOM TABOR (DIRECTOR) - FAMILY & BUSINESS RELATIONSHIP TODD STEWART (DIRECTOR) AND JAMES J TIDWELL (DIRECTOR) - FAMILY RELATIONSHIP BART HARPER (DIRECTOR) & TOM TABOR (DIRECTOR) - FAMILY & BUSINESS RELATIONSHIP PROCESS THE ORGANIZATION USES TO REVIEW THE FORM 990 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. HOW THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED 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. PROCESS FOR DETERMINING COMPENSATION PART VI, LINE 15 NO COMPENSATION WAS PAID FROM THE GREATER ATLANTA CHRISTIAN FOUNDATION, INC. DAVID L FINCHER AND RANDALL JACKSON RECEIVE COMPENSATION FROM A RELATED ORGANIZATION, GREATER ATLANTA CHRISTIAN SCHOOLS, INC. DR. FINCHER'S AND MR. JACKSON'S COMPENSATION IS PAID ENTIRELY BY THE SCHOOL; THEY RECEIVE NO COMPENSATION FROM GREATER ATLANTA CHRISTIAN FOUNDATION, INC. HOW THE ORGANIZATION MAKES DOCUMENTS AVAILABLE TO THE PUBLIC PART VI, LINE 19 The GAC Foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. OTHER CHANGES IN NET ASSETS OR FUND BALANCES PART XI, LINE 5 308,238 Transfers from related organization GREATER ATLANTA CHRISTIAN SCHOOLS INC 1575 INDIAN TRAIL ROAD NORCROSS GA 30093 580960612 SCHOOL GA 501(C)(3) 2 false false false false false true false false false false false false false true true false false true true