CARY CHRISTIAN SCHOOL INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- CARY CHRISTIAN SCHOOL INC (EIN 56-1894697)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-14
- IRS object ID
- 201441349349303474
- Schema version
- 2012v2.1
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-14T12:25:47-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561965804 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THOMAS JUDY & TUCKER P A | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4700 FALLS OF NEUSE ROAD SUITE 400 | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27609 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561894697 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARY CHRISTIAN SCHOOL INCORPORATED | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CARY | NameControl |
| Phone | 9193032560 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1330 OLD APEX RD | AddressLine1 |
| City | CARY | City |
| State | NC | State |
| ZIP Code | 27513 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES DICKMAN | Name |
| Title | DIRECTOR OF FINANCE | Title |
| Phone | 9193032560 | Phone |
| Date Signed | 2014-05-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KRISTEN HOYLE CPA | Name |
| PTIN | P00118964 | PTIN |
| Phone | 9195717055 | Phone |
| Date Prepared | 2014-05-13 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RICK WHARTON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1330 OLD APEX RD | AddressLine1 |
| City | CARY | City |
| State | NC | State |
| ZIP Code | 27513 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5716878 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.CARYCHRISTIANSCHOOL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1994 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | PROVIDING AN EXCELLENT CLASSICAL EDUCATION FOUNDED UPON A BIBLICAL WORLDVIEW. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 3 | NbrIndependentVotingMembers |
| Total Nbr Employees | 115 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 569776 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 338764 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 4357598 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 5268888 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 8000 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2670 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 85077 | OtherRevenuePriorYear |
| Other Revenue Current Year | 8635 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5020451 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5618957 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 226867 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1886227 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2304919 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2632852 | OtherExpensePriorYear |
| Other Expenses Current Year | 2520064 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4519079 | TotalExpensesPriorYear |
| Total Expenses Current Year | 5051850 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 501372 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 567107 | RevenuesLessExpensesCY |
| Total Assets BOY | 12240426 | TotalAssetsBOY |
| Total Assets EOY | 16630021 | TotalAssetsEOY |
| Total Liabilities BOY | 7740477 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 11562965 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 4499949 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 5067056 | NetAssetsOrFundBalancesEOY |
| Mission Description | OUR 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3266906 | Expense |
| Grants | 226867 | Grants |
| Revenue | 5270964 | Revenue |
| Description | PROVIDED INSTRUCTION TO STUDENTS IN THE VICINITY OF CARY, NC IN GRADES KINDERGARTEN THROUGH TWELFTH GRADE. | Description |
| Total Program Service Expense | 3266906 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 52 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 115 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 3 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NC | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CYNTHIA WATERS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9193032560 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1330 OLD APEX RD | AddressLine1 |
| City | CARY | City |
| State | NC | State |
| ZIP Code | 27513 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (10 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|
| RICK WHARTON | |||||||
| PRESIDENT | 1.00 | X | X | 0 | 0 | 0 | |
| MARK CLARKSON | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| JAY BOLICK | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| WES MONTGOMERY | |||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 | |
| MARK HARTLEY | |||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 0 | 0 | |
| CAMERON PERKINS | |||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | |
| JOHN HIESTER | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| BRIAN FINNEGAN | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| CHRIS FLYTHE | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| WENDELL COOK | |||||||
| HEADMASTER | 40.00 | 102248 | 0 | 7898 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 102248 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 7898 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | RODNEY MARSHALL DBA FINDAFURTURE IN | NamePerson |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 956 SCENIC HEIGHTS ROAD | AddressLine1 |
| City | OAK HARBOR | City |
| State | WA | State |
| ZIP Code | 98277 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | INTERIM SUPERINTENDENT | DescriptionOfServices |
| Compensation | 111975 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Fundraising Events | 112463 | FundraisingEvents |
| All Other Contributions | 226301 | AllOtherContributions |
| Noncash Contributions | 1816 | NoncashContributions |
| Total Contributions | 338764 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 900099 | 5138905 | 5138905 |
| OTHER SCHOOL ACTIVITIE | 900099 | 129983 | 129983 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 5268888 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 594 | TotalRevenueColumn |
| Exclusion | $594 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 16500 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 14424 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 2076 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2076 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2076 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 92132 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 112463 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 83497 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8635 | TotalRevenueColumn |
| Exclusion | $8,635 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5618957 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5270964 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $9,229 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 226867 | Total |
| Program Services | 226867 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 115149 | Total |
| Program Services | 115149 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1969009 | Total |
| Program Services | 1798707 | ProgramServices |
| Management And General | 170302 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 220761 | Total |
| Program Services | 206484 | ProgramServices |
| Management And General | 14277 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7083 | Total |
| Management And General | 7083 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10000 | Total |
| Management And General | 10000 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21855 | Total |
| Management And General | 21855 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36588 | Total |
| Management And General | 36588 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 315311 | Total |
| Management And General | 315311 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | Program ServicesProgramServices |
|---|---|---|---|
| OFFICE AND ADMINISTRATI | 1107372 | 1107372 | |
| FACILITIES | 472864 | 472864 | |
| EDUCATIONAL EXPENSES | 296305 | 296305 | |
| OTHER | 150530 | 150530 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 102156 | Total |
| Management And General | 102156 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5051850 | Total |
| Program Services | 3266906 | ProgramServices |
| Management And General | 1784944 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3433884 | BOY |
| EOY | 2839072 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 593538 | BOY |
| EOY | 750802 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 254124 | BOY |
| EOY | 239348 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 117978 | BOY |
| EOY | 3811634 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6534 | BOY |
| EOY | 6500 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 11229894 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2247229 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7834368 | BOY |
| EOY | 8982665 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12240426 | BOY |
| EOY | 16630021 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48418 | BOY |
| EOY | 16214 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1046746 | BOY |
| EOY | 4749469 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6068174 | BOY |
| EOY | 6416166 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 577139 | BOY |
| EOY | 381116 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7740477 | BOY |
| EOY | 11562965 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4229448 | BOY |
| EOY | 4639379 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 270501 | BOY |
| EOY | 427677 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4499949 | BOY |
| EOY | 5067056 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12240426 | BOY |
| EOY | 16630021 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 567107 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 34762 | BeginningOfYearBalance |
| Administrative Expenses | 34762 | AdministrativeExpenses |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 28909 | BeginningOfYearBalance |
| Contributions | 5853 | Contributions |
| End Of Year Balance | 34762 | EndOfYearBalance |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1125654 | OtherCostOrOtherBasis |
| Book Value | 1125654 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8959069 | OtherCostOrOtherBasis |
| Depreciation | 1701382 | Depreciation |
| Book Value | 7257687 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 135342 | OtherCostOrOtherBasis |
| Depreciation | 4930 | Depreciation |
| Book Value | 130412 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 748982 | OtherCostOrOtherBasis |
| Depreciation | 357363 | Depreciation |
| Book Value | 391619 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 260847 | OtherCostOrOtherBasis |
| Depreciation | 183554 | Depreciation |
| Book Value | 77293 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 8982665 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ACCRUED INTEREST | $32,364 |
| ACCRUED HOLDING LOSS ON INTEREST RATE SWAP | $348,752 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 381116 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 5390014 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 5390014 | RevenueSubtotal |
| Other Revenues Not Included | 228943 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 228943 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 5618957 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 4822907 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 4822907 | ExpensesSubtotal |
| Other Expenses Not Included | 228943 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 228943 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 5051850 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | 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, 2013, 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 2010. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | GAIN ON DISPOSAL OF EQUIPMENT 2,076. TUITION ASSISTANCE 226,867. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | GAIN ON DISPOSAL OF EQUIPMENT 2,076. TUITION ASSISTANCE 226,867. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | PUBLICATION OF NONDISCRIMINATORY POLICY ADVERTISEMENT PLACED IN LOCAL NEWSPAPER ANNUALLY. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SHN | NameOfEvent1 |
| Gross Receipts Event1 | 53689 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 53689 | CharitableContributionsEvent1 |
| Non Cash Prizes Event1 | 966 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 323 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 25391 | OtherDirectExpensesEvent1 |
| Name Of Event2 | AUCTION | NameOfEvent2 |
| Gross Receipts Event2 | 107256 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 26250 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 81006 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 14744 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 200 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 23656 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 43650 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 32524 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 11126 | GrossRevenueOtherEvents |
| Non Cash Prizes Other Events | 1888 | NonCashPrizesOtherEvents |
| Rent Facility Costs Other Events | 15560 | RentFacilityCostsOtherEvents |
| Other Direct Expenses Other Events | 769 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 204595 | GrossReceiptsTotal |
| Charitable Contributions Total | 112463 | CharitableContributionsTotal |
| Gross Revenue Total Events | 92132 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 2854 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 15883 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 14744 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 200 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 49816 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 83497 | DirectExpenseSummaryEvents |
| Net Income Summary | 8635 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | TUITION ASSISTANCE | TypeOfGrant |
| Number Of Recipients | 47 | NumberOfRecipients |
| Amount Of Cash Grant | 226867 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | TUITION GRANTS WERE ALLOCATED BASED ON RECOMMENDATIONS FROM A THIRD-PARTY PROVIDER WHO REVIEWED TAX AND FINANCIAL INFORMATION TO DETERMINE AMOUNT OF EACH APPLICANT FAMILY'S NEED. OUR HEADMASTER, DELL COOK, WAS A GRANT RECIPIENT AND IS INCLUDED ON THE LIST OF GRANTS. NO OTHER SUBSTANTIAL CONTRIBUTOR, KEY EMPLOYEE, OFFICER, DIRECTOR, ETC. RECEIVED A GRANT OF ANY KIND. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Interested Person | WENDELL COOK | NameOfInterestedPerson |
| Relationship With Organization | OFFICER OF ORGANIZATION | RelationshipWithOrganization |
| Amount Of Grant | 7440 | AmountOfGrant |
| Type Of Assistance | TUITION DISCOUNT | TypeOfAssistance |
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| KAREN BOLICK | |||
| EMPLOYEE OF ORGANIZATION AND SPOUSE OF BOARD MEMBER | 21305 | PAYROLL | 0 |
| LISA HIESTER | |||
| EMPLOYEE OF ORGANIZATION AND SPOUSE OF BOARD MEMBER | 26075 | PAYROLL | 0 |
| MARGARET FINNEGAN | |||
| EMPLOYEE OF ORGANIZATION AND SPOUSE OF BOARD MEMBER | 24212 | PAYROLL | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | CARY 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 7A | THE CORPORATION MEMBERS VOTE EACH YEAR TO ELECT THE BOARD MEMBERS. BOARD MEMBERS SERVE THREE-YEAR TERMS. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE CORPORATION MEMBERS VOTE EACH YEAR TO ELECT THE BOARD MEMBERS. BOARD MEMBERS SERVE THREE-YEAR TERMS. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS REVIEWED BY THE FINANCE MANAGER, DIRECTOR OF FINANCE AND OPERATIONS, BOARD TREASURER, PRESIDENT, AND HEADMASTER PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE 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 15 | THE CARY CHRISTIAN SCHOOL POLICY GOVERNANCE MANUAL STATES THAT THE BOARD REVIEWS FULL COMPENSATION FOR THE 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 19 | THE 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 2C | PROCESS HAS NOT CHANGED FROM PRIOR YEAR. |
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