2013-02-14T14:59:15-06:00 2012-06-30 610420207 JONES NALE & MATTINGLY PLC 642 SOUTH FOURTH ST STE 300 LOUISVILLE KY 40202 990 2011-07-01 610663057 ST FRANCIS SCHOOL INCORPORATED STFR 5022281197 US HIGHWAY 42 GOSHEN KY 40026 ALEXANDRA THURSTONE 5022281197 2013-02-13 1 JON A MEYER P01379283 5025830248 2011 2016-02-25 16:41:14Z ALEXANDRA THURSTONE US HIGHWAY 42 GOSHEN KY 40026 3821611 0 X STFRANCISSCHOOL.ORG X 1966 KY OPERATION OF INDEPENDENT ELEMENTARY, MIDDLE, AND PRESCHOOLS 22 22 69 110 0 0 0 627096 0 3142655 0 1432 0 14571 0 3785754 0 0 0 0 0 2452624 0 0 226722 0 1420382 0 3873006 0 -87252 5763297 5491976 1727952 1543617 4035345 3948359 X ACCREDITED BY THE INDEPENDENT SCHOOLS OF THE CENTRAL STATES (ISACS), ST. FRANCIS SCHOOL IS AN INDEPENDENT SCHOOL EDUCATING CHILDREN AGES 2-GRADE 8. ST. FRANCIS SCHOOL'S MISSION STATES: "ST. FRANCIS SCHOOL CULTIVATES JOYFUL, COMPASSIONATE, CONFIDENT LEARNERS WHO ACT WITH INTEGRITY AND SOCIAL RESPONSIBILITY." 0 0 2685522 3158200 THE ORGANIZATION'S PURPOSE IS THE OPERATION OF AN INDEPENDENT PRESCHOOL THROUGH GRADE 8 ELEMENTARY SCHOOL SERVING APPROXIMATELY 330 STUDENTS AND 70 FACULTY AND STAFF 2685522 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 69 1 0 0 0 0 0 1 1 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 KY X ST FRANCIS SCHOOL INCORPORATED 5022281197 US HIGHWAY 42 GOSHEN KY 40026 LISA FLEMING 4.00 X X 0 0 0 BONITA BLACK 4.00 X X 0 0 0 GORDON DABNEY 4.00 X X 0 0 0 AUDREY KLINE 4.00 X X 0 0 0 BOBBY BAILEY 4.00 X 0 0 0 TANYA BOWMAN 4.00 X 0 0 0 LIZ COLE 4.00 X 0 0 0 NITA DUECHLE 4.00 X 0 0 0 ROB FREDERICK 4.00 X 0 0 0 TYSON GORMAN 4.00 X 0 0 0 MAX GREEN 4.00 X 0 0 0 SCOTT GREGOR 4.00 X 0 0 0 KAREN HOPKINS 4.00 X 0 0 0 PR LANCASTER 4.00 X 0 0 0 TRACY LATTIS 4.00 X 0 0 0 ROBIN LEMASTUS 4.00 X 0 0 0 STEWART LUSSKY 4.00 X 0 0 0 DACE MAKI 4.00 X 0 0 0 LEE MIDDENDORF 4.00 X 0 0 0 MARK NORMAN 4.00 X 0 0 0 DENISE RAGLAND 4.00 X 0 0 0 MIKE RISLEY 4.00 X 0 0 0 SCOTT SCHWARTZ 4.00 X 0 0 0 DAVID SIMPSON 4.00 X 0 0 0 OLIVA SLEADD 4.00 X 0 0 0 JC STITES 4.00 X 0 0 0 ALEXANDRA THRUSTONE 4.00 X 0 0 0 CASSANDRA ZIMMERMAN 4.00 X 0 0 0 JOHN DELAUTRE 40.00 X 161167 0 8087 GREG BORDERS 40.00 X 86707 0 8087 247874 0 16174 1 0 1 0 0 102814 524282 627096 STUDENT TUITION AND FE 900099 2826555 2826555 ENRICHMENT AND EXTENDE 900099 128787 128787 BUS SERVICE INCOME 900099 60507 60507 TUITION SERVICE CHARGE 900099 43933 43933 SUMMER PROGRAMS 900099 42827 42827 40046 40046 3142655 1432 1432 7161 0 7161 7161 7161 34883 102814 35857 -974 -974 CONCESSIONS AND OTHER 900099 8384 8384 8384 3785754 3158200 0 458 264051 94797 169254 1911777 1376817 534960 126446 84957 41489 150350 111392 38958 900 900 2500 2500 18048 18048 393034 358459 34575 20271 20271 225554 225554 8255 5181 3074 22854 22854 210844 189760 21084 44444 44444 BAD DEBTS 201052 1700 199352 MISCELLANEOUS 70358 65707 4651 BOARD EXPENSE 40274 40274 BUS EXPENSE 37461 37461 124533 113466 1745 9322 3873006 2685522 960762 226722 47897 55670 591881 712560 1074883 794015 16533 32507 13264 10315 6252428 2365519 4018839 3886909 5763297 5491976 83470 81697 1605246 1298208 39236 163712 1727952 1543617 X 3746003 3099983 289342 848376 4035345 3948359 5763297 5491976 X -87252 266 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1469727 316286 157748 263036 1680725 1337399 247554 137 115363 1469727 1433933 307563 -156809 247288 1337399 345664 345664 4557770 1963886 2593884 1348994 401633 947361 3886909 NOTES PAYABLE 163712 163712 3785754 3873006 -87252 366 -100 266 -86986 3754681 366 366 3754315 31439 31439 3785754 3873006 0 3873006 0 3873006 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ST. FRANCIS, INCORPORATED SHOULD HAS NOT CORRECTLY REPORTED ENDOWMENT FUNDS ON THEIR FORM 990. THEY SHOULD HAVE BEEN REPORTED ON ST. FRANCIS HIGH SCHOOL FORM 990. THEY HAVE BEEN TRANSFERED TO THAT RETURN FOR THIS CURRENT YEAR. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE INCOME TAXES HAS BEEN MADE IN THESE STATEMENTS. THE SCHOOL'S ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE/BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS RESULTING IN AN ACCRUAL OF A TAX EXPENSE OR BENEFIT. THE SCHOOLS FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX IS SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES UNTIL THE EXPIRATION OF THE RELATED STATUTE OF LIMITATIONS ON THE RETURN, WHICH IS GENERALLY THREE YEARS. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHANGES IN TEMPORARILY RETRICTED NET ASSETS 31,439. 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 STATEMENTS CONCERNING THE SCHOOL'S NONDISCRIMINATORY POLICY APPEAR ON THE APPLICATION FOR ADMISSION FORM. AUCTION 97594 84369 13225 25904 PALOOZA 20935 18445 2490 4543 1 19168 19168 5410 137697 102814 34883 35857 35857 -974 0 0 0 0 0 0 0 0 0 JOHN DELAUTRE 150380 0 0 0 10787 0 0 0 8087 0 169254 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 ALL MEMBERS OF THE SCHOOL'S FIDUCIARY COMMITTEE ARE E-MAILED A DRAFT OF THE FORM 990 FOR APPROVAL PRIOR TO THE IRS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED AND SIGNED ANNUALLY BY ALL BOARD MEMBERS AT THE FIRST BOARD MEETING OF THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF ST. FRANCIS SCHOOL WILL HAVE AN EMPLOYMENT RELATIONSHIP WITH THE ORGANIZATION WHICH SHALL BE DOCUMENTED IN A WRITTEN AGREEMENT. THE AGREEMENT SHALL BE FOR THE PERIOD OF TIME, ANNUAL SALARY AND BENEFITS, AND OTHER TERMS AND CONDITIONS AS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BAORD OF TRUSTEES. IN ADDITION, THE WRITTEN AGREEMENT SHALL PROVIDE THAT AN ANNUAL EVALUATION OF THE HEAD WILL BE UNDERTAKEN BY THE CHAIRMAN OF THE BOARD OF TRUSTEES PRIOR TO JUNE 1ST OF EACH SCHOOL YEAR. CONCURRENT WITH THE ANNUAL EVALUATION OF THE HEAD, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES WILL REVIEW THE TERMS AND CONDITIONS OF THE AGREEMENT AND RETAINS THE RIGHT TO MODIFY THE TERM, ANNUAL SALARY AND/OR BENEFITS PAYABLE, OR OTHER TERMS AND CONDITIONS DURING THE REMAINING TERM AND/OR EXTENDED TERM OF THE AGREEMENT. TO ASSIST IN ITS DUTIES, THE EXECUTIVE COMMITTEE MAY UDNERTAKE A MARKET REVIEW FOR THE POSITION OF HEAD OF SCHOOL IN THE LOCAL AND REGIONAL MARKETS TO BENCHMARK THE TERMS AND CONDITIONS OF THE AGREEMENT AND DETERMINE THE APPROPRIATENESS OF ANY RECOMMENDED MODIFICATION THEREOF. THE ANNUAL EVALUATION WILL GENERALLY TAKE THE FORM OF A WRITTEN SUMMARY BASED ON THE INPUT OF MEMBERS OF THE BOARD OF TRUSTEES, WITH PARTICULAR EMPHASIS UPON INPUT OF MEMBERS OF THE EXECUTIVE COMMITTEE. THE WRITTEN EVALUATION WILL BE DISCUSSED AT A MEETING BETWEEN THE HEAD AND CHAIRMAN. ANY CHANGE IN THE TERMS AND CONDITIONS OF THE AGREEMENT WILL BE PROMPTLY COMMUNICATED TO THE SCHOOL'S BUSINESS MANAGER IN WRITING BY THE CHAIRMAN. FORM 990, PART VI, SECTION C, LINE 19 ST. FRANCIS SCHOOL MAINTAINS A PUBLIC COPY OF ITS' ANNUAL 990 FILING IN THE SCHOOL'S BUSINESS OFFICE. THE 501(C)(3) TAX RETURN IS AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 366. PRIOR PERIOD ADJUSTMENTS: -100. TOTAL TO FORM 990, PART XI, LINE 5: 266.