REHOBOTH CHRISTIAN SCHOOL ASSOCIATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- REHOBOTH CHRISTIAN SCHOOL ASSOCIATION (EIN 85-0320982)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-12
- IRS object ID
- 201340439349300124
- Schema version
- 2011v1.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-12T14:35:07-08:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES H QUIST CPA PLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2425 AVON AVE SW | AddressLine1 |
| City | WYOMING | City |
| State | MI | State |
| ZIP Code | 495192207 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 850320982 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REHOBOTH CHRISTIAN SCHOOL ASSOCIATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | REHO | NameControl |
| Phone | 5058634412 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 41 | AddressLine1 |
| City | REHOBOTH | City |
| State | NM | State |
| ZIP Code | 873220041 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JEFF BANASZAK | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 5058634412 | Phone |
| Date Signed | 2012-11-06 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES H QUIST CPA | Name |
| Phone | 6164435344 | Phone |
| Date Prepared | 2013-02-12 | DatePrepared |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JEFF BANASZAK | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 41 | AddressLine1 |
| City | REHOBOTH | City |
| State | NM | State |
| ZIP Code | 87322 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5621273 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.rcsnm.org | WebSite |
| Type Of Organization Association | X | TypeOfOrganizationAssociation |
| Year Formation | 1986 | YearFormation |
| State Legal Domicile | NM | StateLegalDomicile |
| Activity Or Mission Description | To provide Christian educational instruction to children in grades Pre K -12 within a multi-cultural setting. Rehoboth seeks to be vigorously academic, beautifully diverse, and thoroughly Christian. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 13 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 13 | NbrIndependentVotingMembers |
| Total Nbr Employees | 205 | TotalNbrEmployees |
| Total Nbr Volunteers | 346 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 3523422 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2586153 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1814605 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1836952 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 343092 | InvestmentIncomePriorYear |
| Investment Income Current Year | 267639 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 198406 | OtherRevenuePriorYear |
| Other Revenue Current Year | 171803 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5879525 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4862547 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3410053 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3435570 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 362496 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2636678 | OtherExpensePriorYear |
| Other Expenses Current Year | 2809405 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6046731 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6244975 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -167206 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1382428 | RevenuesLessExpensesCY |
| Total Assets BOY | 28867982 | TotalAssetsBOY |
| Total Assets EOY | 27025012 | TotalAssetsEOY |
| Total Liabilities BOY | 8787776 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 8766920 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 20080206 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 18258092 | NetAssetsOrFundBalancesEOY |
| Mission Description | To provide Christian educational instruction to children in grades Pre K-12 | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 4378754 | Expense |
| Revenue | 1836952 | Revenue |
| Description | TO PROVIDE A CHRISTIAN EDUCATION FROM PRE K TO TWELTH GRADE FOR 473 CHILDREN FROM GALLUP, WINDOW ROCK, AND THE SURROUNDING AREA. | Description |
| Total Program Service Expense | 4378754 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 20 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 205 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form1098 C Filed | true | Form1098CFiled |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 13 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 13 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | false | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JEFF BANASZAK | NamePerson |
| Telephone Number | 5057269704 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 41 | AddressLine1 |
| City | REHOBOTH | City |
| State | NM | State |
| ZIP Code | 87322 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (14 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| VICKIE OLSON | ||||||
| President | 2.00 | X | X | 0 | 0 | 0 |
| ALLEN WEST | ||||||
| Vice President | 2.00 | X | X | 0 | 0 | 0 |
| FELICIA GARCIA | ||||||
| Secretary | 2.00 | X | X | 0 | 0 | 0 |
| CHRISTINE CASTILLO | ||||||
| Treasurer | 2.00 | X | X | 0 | 0 | 0 |
| JOANN HOLYAN-TERRY | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| LEONARD LIVINGSTON | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| JANELLE VESTAL | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| RAY FRANCISCO | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| OPHELIA MILFORD | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| MIKE MEEKHOF | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| TIM PIKAART | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| SANJAY CHOUDHRIE | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| DONOVAN CARLISLE | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| CAROL BREMER-BENNETT | ||||||
| Superintendent | 50.00 | X | 58876 | 0 | 13100 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 58876 | TotalReportableCompFromOrg |
| Total Other Compensation | 13100 | TotalOtherCompensation |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Government Grants | 478781 | GovernmentGrants |
| All Other Contributions | 2107372 | AllOtherContributions |
| Noncash Contributions | 19600 | NoncashContributions |
| Total Contributions | 2586153 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn |
|---|---|---|
| Tuition and Fees | 611600 | 1522190 |
| Campus Programs | 611600 | 257926 |
| School Activity Income | 611600 | 56836 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1836952 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 173692 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 119779 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 119779 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 119779 | TotalRevenueColumn |
| Exclusion | $119,779 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 765591 | Securities |
| Other | 69110 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 687635 | Securities |
| Other | 53119 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 77956 | Securities |
| Other | 15991 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 93947 | TotalRevenueColumn |
| Related Or Exempt Function Income | 93947 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 42940 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 42940 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 17972 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 24968 | TotalRevenueColumn |
| Exclusion | $24,968 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 1896 | GrossSalesOfInventory |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1896 | TotalRevenueColumn |
| Exclusion | $1,896 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Burial Fees | Description |
| Business Code | 812900 | BusinessCode |
| Total Revenue Column | 24250 | TotalRevenueColumn |
| Exclusion | $24,250 | ExclusionAmount |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 910 | TotalRevenueColumn |
| Related Or Exempt Function Income | 910 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 25160 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4862547 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2105501 | RelatedOrExemptFunctionIncome |
| Exclusion | $170,893 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69510 | Total |
| Program Services | 34755 | ProgramServices |
| Management And General | 17378 | ManagementAndGeneral |
| Fundraising | 17377 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2759781 | Total |
| Program Services | 2154333 | ProgramServices |
| Management And General | 459459 | ManagementAndGeneral |
| Fundraising | 145989 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 124629 | Total |
| Program Services | 95871 | ProgramServices |
| Management And General | 21315 | ManagementAndGeneral |
| Fundraising | 7443 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 282202 | Total |
| Program Services | 211849 | ProgramServices |
| Management And General | 51413 | ManagementAndGeneral |
| Fundraising | 18940 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 199448 | Total |
| Program Services | 154498 | ProgramServices |
| Management And General | 29660 | ManagementAndGeneral |
| Fundraising | 15290 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22496 | Total |
| Program Services | 4636 | ProgramServices |
| Management And General | 13752 | ManagementAndGeneral |
| Fundraising | 4108 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2910 | Total |
| Program Services | 1783 | ProgramServices |
| Management And General | 979 | ManagementAndGeneral |
| Fundraising | 148 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19877 | Total |
| Program Services | 8890 | ProgramServices |
| Management And General | 10251 | ManagementAndGeneral |
| Fundraising | 736 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10263 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 10263 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44735 | Total |
| Program Services | 38990 | ProgramServices |
| Management And General | 3801 | ManagementAndGeneral |
| Fundraising | 1944 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76688 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 22716 | ManagementAndGeneral |
| Fundraising | 53972 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 240033 | Total |
| Program Services | 159835 | ProgramServices |
| Management And General | 61886 | ManagementAndGeneral |
| Fundraising | 18312 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 102884 | Total |
| Program Services | 71818 | ProgramServices |
| Management And General | 22817 | ManagementAndGeneral |
| Fundraising | 8249 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 246150 | Total |
| Program Services | 186026 | ProgramServices |
| Management And General | 41003 | ManagementAndGeneral |
| Fundraising | 19121 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 260128 | Total |
| Program Services | 197640 | ProgramServices |
| Management And General | 24849 | ManagementAndGeneral |
| Fundraising | 37639 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 350 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 350 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 579652 | Total |
| Program Services | 93670 | ProgramServices |
| Management And General | 478228 | ManagementAndGeneral |
| Fundraising | 7754 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 849851 | Total |
| Program Services | 650219 | ProgramServices |
| Management And General | 199632 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 91687 | Total |
| Program Services | 65971 | ProgramServices |
| Management And General | 20255 | ManagementAndGeneral |
| Fundraising | 5461 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Educational Activities | 65752 | 59575 | 6177 | 0 |
| Athletics & Student Activities | 73833 | 73787 | 46 | 0 |
| Lunch Program | 114453 | 114453 | 0 | 0 |
| Bad Debt | 7348 | 0 | 7348 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 315 | Total |
| Program Services | 155 | ProgramServices |
| Management And General | 147 | ManagementAndGeneral |
| Fundraising | 13 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6244975 | Total |
| Program Services | 4378754 | ProgramServices |
| Management And General | 1503725 | ManagementAndGeneral |
| Fundraising | 362496 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 270865 | BOY |
| EOY | 143303 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 703714 | BOY |
| EOY | 330939 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 265606 | BOY |
| EOY | 337925 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 540000 | BOY |
| EOY | 583200 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22142 | BOY |
| EOY | 32692 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56686 | BOY |
| EOY | 27973 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 22189224 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 7126666 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15561820 | BOY |
| EOY | 15062558 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51389 | BOY |
| EOY | 117710 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10220871 | BOY |
| EOY | 9251051 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1174889 | BOY |
| EOY | 1137661 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28867982 | BOY |
| EOY | 27025012 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 163115 | BOY |
| EOY | 135527 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44845 | BOY |
| EOY | 29937 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7675911 | BOY |
| EOY | 7517329 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 903905 | BOY |
| EOY | 1084127 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8787776 | BOY |
| EOY | 8766920 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15335307 | BOY |
| EOY | 13536653 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 405250 | BOY |
| EOY | 261619 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4339649 | BOY |
| EOY | 4459820 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20080206 | BOY |
| EOY | 18258092 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28867982 | BOY |
| EOY | 27025012 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1382428 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -439686 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
| Public Support Total170 | 0 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Pertcentage170 | 0 | PublicSupportPertcentage170 |
| Public Support Total509 | 0 | PublicSupportTotal509 |
| Public Support Percentage509 | 0 | PublicSupportPercentage509 |
| Investment Income Percentage | 0 | InvestmentIncomePercentage |
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 CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3839220 | BeginningOfYearBalance |
| Contributions | 120171 | Contributions |
| Investment Earnings Or Losses | -25797 | InvestmentEarningsOrLosses |
| Other Expenditures | 190059 | OtherExpenditures |
| Administrative Expenses | 8725 | AdministrativeExpenses |
| End Of Year Balance | 3734810 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2242660 | BeginningOfYearBalance |
| Contributions | 1226694 | Contributions |
| Investment Earnings Or Losses | 562739 | InvestmentEarningsOrLosses |
| Other Expenditures | 183924 | OtherExpenditures |
| Administrative Expenses | 8949 | AdministrativeExpenses |
| End Of Year Balance | 3839220 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1906001 | BeginningOfYearBalance |
| Contributions | 267249 | Contributions |
| Investment Earnings Or Losses | 292929 | InvestmentEarningsOrLosses |
| Other Expenditures | 214567 | OtherExpenditures |
| Administrative Expenses | 8952 | AdministrativeExpenses |
| End Of Year Balance | 2242660 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.22620 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.70380 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.07000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1831440 | OtherCostOrOtherBasis |
| Book Value | 1831440 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 17829930 | OtherCostOrOtherBasis |
| Depreciation | 5571066 | Depreciation |
| Book Value | 12258864 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1673836 | OtherCostOrOtherBasis |
| Depreciation | 1338532 | Depreciation |
| Book Value | 335304 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 854018 | OtherCostOrOtherBasis |
| Depreciation | 217068 | Depreciation |
| Book Value | 636950 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 15062558 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (11 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Commonfund Multi-Strategy Equity Fd | 1675770 | F |
| Commonfund Multi-Strategy Bond Fd | 588493 | F |
| Huizenga Managers Fd Ltd | 52289 | F |
| Barnabas Managed Futures | 468288 | F |
| Barnabas Hi Yield Bond Fd | 580226 | F |
| Barnabas Equities Fund | 1618560 | F |
| Barnabas REIT Fund | 425069 | F |
| Barnabas Low Volatility Fd | 2381012 | F |
| Barnabas Bond Fd/Fixed Income | 1001941 | F |
| Barnabas CRC Loan Fund | 500000 | F |
| Barnabas Cash Equivalents | -40597 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 9251051 | TotalOfBookValueSecurities |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Property held for resale | 722363 |
| Loan Cost net of Amortization | 367904 |
| Cash Surrender Value Life Insurance | 35561 |
| Annuity Gifts Receivable | 11833 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 1137661 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Interest Rate Swap Differential | $1,080,179 |
| Present Value-Annuity Agreements | $3,948 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1084127 | TotalOfAmounts |
| Total Revenue | 4862547 | TotalRevenue |
| Total Expenses | 6244975 | TotalExpenses |
| Excess Or Deficit For Year | -1382428 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -279023 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -279023 | TotalAdjustments |
| Excess Or Deficit Per FS | -1661451 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 4600612 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -279023 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 10000 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 17351 | OtherRevenues |
| Revenue Not Rptd F990 | -251672 | RevenueNotRptdF990 |
| Revenue Subtotal | 4852284 | RevenueSubtotal |
| Investment Expenses Not Included | 10263 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 10263 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4862547 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6262063 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 10000 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 17351 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 27351 | ExpensesNotRptdF990 |
| Expenses Subtotal | 6234712 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 10263 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 10263 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6244975 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt V Line 4 | There are 44 funds established for student scholarship, one fund |
| for general operations of the school, and a fund for athletic facilities. The endowment fund includes both donor-restricted funds and funds designated by the board to function as endowments | |
| Pt XII Line 2d | Utility recoveries by residents at Rehoboth have been moved |
| from revenue to an offset against occupancy expense. | |
| Pt XIII Line 2d | Utility recoveries by residents at Rehoboth have been moved |
| FROM REVENUE TO AN OFFSET AGAINST OCCUPANCY EXPENSE. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Line 3 | THE RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED ON ALL STUDENT RECRUITMENT ADVERTISEMENTS THAT RUN IN THE GALLUP INDEPENDENT AND THE NAVAJO TIMES. |
| Line 6b | QUESTION 6A, REHOBOTH CHRISTIAN SCHOOL RECEIVED $22,174 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Choir | NameOfEvent1 |
| Gross Receipts Event1 | 14455 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 14455 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 3448 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Band | NameOfEvent2 |
| Gross Receipts Event2 | 7542 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 7542 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 4697 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 15 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 20943 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 20943 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 9827 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 42940 | GrossReceiptsTotal |
| Gross Revenue Total Events | 42940 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 17972 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 17972 | DirectExpenseSummaryEvents |
| Net Income Summary | 24968 | NetIncomeSummary |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLO EDUC & CULTURAL FAC AUTH | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 840896727 | IssuerEIN |
| CUSIP Number | 1964586S7 | CUSIPNumber |
| Date Issued | 2007-05-08 | DateIssued |
| Issue Price | 7925000 | IssuePrice |
| Description Of Purpose | Educational Fac Construction | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 445000 | AmountRetired |
| Total Proceeds | 7925000 | TotalProceeds |
| Issuance Costs From Proceeds | 158500 | IssuanceCostsFromProceeds |
| Working Capital Expenditures | 54915 | WorkingCapitalExpenditures |
| Capital Expenditures | 7711585 | CapitalExpenditures |
| Year Of Subst Completion | 2008 | YearOfSubstCompletion |
| Current Refunding | false | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Post Issuance Compliance Procdrs | true | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| Variable Rate Issue | true | VariableRateIssue |
| Hedge Identified In Books And Recds | true | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEY BANK NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 0.07000000 | TermOfHedge |
| Superintegrated Hedge | false | SuperintegratedHedge |
| Hedge Terminated | false | HedgeTerminated |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | false | ExceptionToRebate |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (22 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt VI, Line 6 | Members of the Rehoboth Christian School Association include parents |
| and other individual contributors to the Association. These | |
| members are eligible to offer their name for the board ballot and | |
| to vote for board representatives. | |
| Pt VI, Line 7a | Annually, the members of the Rehoboth Christian School Association |
| elect board members to a two year term. | |
| Pt VI, Line 7b | At an annual meeting, the membership of Rehoboth Christian School |
| Association approves a budget and votes on any other important | |
| issues the board brings before the membership. | |
| Pt VI, Line 11a | The finance committee has been provided a copy of the 990 prior |
| to filing. No formal review was or will be conducted. | |
| Pt VI, Line 12c | The Rehoboth Christian School Association has a conflict of interest policy |
| in place. It is included in the internal board operations documents | |
| given to board members at the beginning of their two year term. | |
| Board members are required to sign the statement annually. | |
| Pt VI, Line 19 | Governing documents are available to interested parties who |
| would request them at the Association office. | |
| Pt XI | Unrealized loss on investments is $279,226, and the change in |
| the value of the annuity agreements is a gain of $203. A prior period | |
| adjustment has been recorded for contributions received in 2011 that | |
| should have been a credit to receivables in the amount of $160,663. | |
| The total adjustment is -$439,686. |
Comments