2013-05-14T13:55:49-05:00 2012-06-30 581763439 WINDHAM BRANNON PC 3630 PEACHTREE RD NE SUITE 600 ATLANTA GA 30326 990 2011-07-01 582410129 THE SWIFT LEARNING CENTER INC SWIF 6782054988 300 GRIMES BRIDGE ROAD ROSWELL GA 30075 PAUL FOLTZ 6782054988 2013-05-13 1 DEBORAH L PRIEST CPA P00148240 4048982000 2013-05-13 2011 2016-02-24 21:20:13Z THE SWIFT SCHOOL INC PAUL FOLTZ 300 GRIMES BRIDGE ROAD ROSWELL GA 30075 4194330 0 X WWW.THESWIFTSCHOOL.ORG X 1998 GA TO PREPARE CHILDREN WITH DYSLEXIA & RELATED LANGUAGE-BASED LEARNING DIFFERENCES TO BE SUCCESSFUL IN LIFE BY TEACHING SPECIFIC LEARNING STRATEGIES AND IDENTIFYING AND FULLY DEVELOPING THEIR TALENTS. 13 11 59 214 0 0 103650 181347 2762330 3871112 6741 6756 65759 45548 2938480 4104763 0 0 0 0 1907244 2418334 0 0 2538 701897 1028093 2609141 3446427 329339 658336 5328329 6225331 4129323 4367989 1199006 1857342 TO PREPARE CHILDREN WITH DYSLEXIA & RELATED LANGUAGE-BASED LEARNING DIFFERENCES TO BE SUCCESSFUL IN LIFE BY TEACHING SPECIFIC LEARNING STRATEGIES AND IDENTIFYING AND FULLY DEVELOPING THEIR TALENTS. 0 0 2535530 3871935 EDUCATING CHILDREN WITH MILD TO MODERATE LEARNING DIFFICULTIES IN READING, SPELLING, WRITING, PHONEME AWARENESS, AND LANGUAGE PROCESSING/EXPRESSION. 2535530 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 12 0 59 1 0 0 0 0 0 0 0 0 X 13 11 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 0 0 GA X PAUL FOLTZ 6782054988 300 GRIMES BRIDGE RD ROSWELL GA 30075 PAUL COHEN 0.00 X 0 0 0 BOB GRAY 3.00 X X 0 0 0 THOMAS FLANIGAN 1.00 X 0 0 0 LAURA GREEN 3.00 X X 0 0 0 GREGORY HILL 0.00 X 0 0 0 JEFFERY KUDLATA 0.00 X 0 0 0 DOUGLAS MARTIN 0.00 X 0 0 0 PETER WILLIAMS 4.00 X X 0 0 0 RICHARD PHILLIPS 8.00 X X 0 0 0 LAURA RIES 1.00 X 0 0 0 PAUL SCHUR 0.00 X 0 0 0 KAREN BUTTERMORE 55.00 X 38001 0 0 PAUL FOLTZ 55.00 X 59015 0 0 ANDREA SALAPKA 55.00 X 70018 0 0 RICHARD WENDLEK 55.00 X 72500 0 0 239534 0 0 0 0 0 0 0 40988 140359 29645 181347 TUITION & FEES 611600 3871112 3871112 3871112 6756 6756 131387 40988 86662 44725 44725 3728 2905 823 823 4104763 3871935 0 51481 2260517 1607222 653295 157817 126205 31612 26679 25504 1175 136218 102467 33751 165279 137182 28097 29885 29885 SCHOOL SUPPLIES & ACTIV 324029 316373 7656 PROFESSIIONAL FEE 95036 14473 80563 TELEPHONE & UTILITIES 65121 46416 18705 MAINTENANCE 51800 29507 22293 134046 100296 31212 2538 3446427 2535530 908359 2538 1781519 2650826 8231 6944 4165 3037 4317574 786786 3534414 3530788 0 33736 5328329 6225331 103719 137879 1300280 1547061 2725324 2683049 4129323 4367989 X 1193682 1842342 5324 15000 1199006 1857342 5328329 6225331 658336 0 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 640000 640000 2507535 384991 2122544 898317 247162 651155 129761 78127 51634 141961 76506 65455 3530788 4104763 3446427 658336 658336 4161780 86662 86662 4075118 29645 29645 4104763 3503444 86662 86662 3416782 29645 29645 3446427 PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 86,662. PART XII, LINE 4B - OTHER ADJUSTMENTS: UNREPORTED NON-CASH CONTRIBUTIONS 29,645. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 86,662. PART XIII, LINE 4B - OTHER ADJUSTMENTS: NON-CASH CONTRIBUTIONS - FUNDRAISING EXPENSE 29,645. FIN 48 STATEMENT: THE SCHOOL OPERATES AS A 501(C)(3) NOT PROFIT ENTITY AND THEREFORE THERE IS NO PROVISION FOR INCOME TAXES. MANAGEMENT OF THE SCHOOL CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR, INCLUDING CHANGES TO THE SCHOOL'S STATUS AS A NOT-FOR-PROFIT ENTITY AS A 501(C)(3). MANAGEMENT BELIEVES THAT THE SCHOOL MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NO INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX; THEREFORE NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THESE FINANCIAL STATEMENTS. THE SCHOOL'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 RACIAL NONDISCRIMINATION POLICY IS INCLUDED IN ADMISSIONS DOCUMENTS, SCHOOL LITERATURE, FUNDRAISING DOCUMENTS, WEBSITE, FINANCIAL REPORTS AND THE ANNUAL REPORT. BUTTERBRAIDS 32018 32018 18815 SPRING GALA 123356 40988 82368 14344 41166 5 17001 17001 12337 172375 40988 131387 14344 72318 86662 44725 GREGERY HILL FORMER TRUSTEE 54087 CONSTRUCTION WORK PERFORMED AT SWIFT SCHOOL, INC. INCLUDING BUILDOUT OF CLASSROOMS, SCIENCE LAB & ADMINISTRATIVE OFFICE. 0 X AUCTION ITEMS 218 29645 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 COMPLIED AFTER THE SCHOOL'S ANNUAL AUDIT IS PERFORMED. THE ANNUAL AUDIT AND THE ACCOMPANYING FINANCIAL STATEMENTS ARE REVIEWED WITH THE CPA FIRM BY THE SCHOOL'S TREASURER, FINANCE COMMITTEE, HEAD OF SCHOOL AND BUSINESS MANAGER. THE PACKAGE IS AGAIN REVIEWED BEFORE AND BY THE ENTIRE BOARD OF TRUSTEES AT A REGULAR SCHEDULED FALL MEETING OF THE BOARD. APPROVAL BY MOTION, SECOND AND VOTE TO APPROVE ACCEPTANCE IS PERFORMED. UPON ACCEPTANCE, THE BUSINESS MANAGER INITIATES THE PROCESS TO ENGAGE THE AUDITING FIRM TO BEGIN PREPARATION OF THE 990. THE COMPLETE PREPARED 990 IS REVIEWED BY THE BUSINESS MANAGER, TREASURER AND HEAD OF SCHOOL PRIOR TO SUBMITTAL TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE ROUTINELLY ASKED TO NOTIFY THE ORGANIZATION OF ANY BUSINESS RELATIONSHIPS WITH THE ORGANIZATION. THESE RELATIONSHIPS ARE DISCUSSED WITH THE AUDITORS AND DISCLOSED IN THE FINANCIAL STATEMENTS IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD ENGAGES CONSULTING FIRMS TO FILL THE EXECUTIVE DIRECTOR POSITION. THE EXECUTIVE DIRECTOR'S SALARY IS SET BASED ON RECOMMENDATIONS OF THE CONSULTING FIRM. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990, ALONG WITH ANY OTHER OFFICIAL DOCUMENTS, IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE BUSINESS OFFICE OR ADVANCEMENT OFFICE. OVERSIGHT AND SELECTION PROCESS PART XII - LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT AND SELECTION PROCESS REGARDING ITS INDEPENDENT AUDITORS.