2012-03-26T16:14:17-05:00 2011-06-30 SEEBA & ASSOCIATES INC 1825 HAMILTON AVE SAN JOSE CA 951255624 990 2010-07-01 770287771 THE KING'S ACADEMY KING 4084819900 562 BRITTON AVENUE SUNNYVALE CA 94085 ROBERT KELLOG 4084819900 2012-03-23 1 DAVID A SEEBA CPA 4085598410 2010 2016-02-24 21:20:13Z ROBERT KELLOGG 562 BRITTON AVE SUNNYVALE CA 94085 15003201 0 X WWW.TKA.ORG X 1991 CA CONDUCTING A MIDDLE SCHOOL & A HIGH SCHOOL FOR GENERAL EDUCATION OF A CHRISTIAN CHARACTER 10 9 194 159 0 0 984350 981155 11067037 12140314 294251 283540 162215 166512 12507853 13571521 0 0 0 0 7124378 7845253 0 0 160758 4810747 4977087 11935125 12822340 572728 749181 7822600 8991205 1798918 2297361 6023682 6693844 TO ESTABLISH AND CONDUCT ONE OR MORE SCHOOLS OF GENERAL EDUCATION OF A CHRISTIAN CHARACTER ON AN ELEMENTARY, HIGH SCHOOL OR COLLEGE LEVEL. 0 0 9900726 12165768 THE KING'S ACADEMY IS A CHRISTIAN COLLEGE-PREPARATORY SCHOOL WHICH EDUCATED 905 SIXTH-GRADE THROUGH SENIOR HIGH SCHOOL STUDENTS DURING THE 10/11 YEAR. 9900726 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 92 0 194 1 0 0 0 0 0 0 0 0 0 0 X 10 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CAROLYN CORSTORPHINE 4084819900 562 BRITTON AVENUE SUNNYVALE CA 940853841 JACK MACKAY 2.00 X X 0 0 0 DOUG WELLER 2.00 X X 0 0 0 LARRY ELLS 2.00 X X 0 0 0 CAROL ELLS 2.00 X X 0 0 0 ROBERT KELLOGG 40.00 X X 123109 0 7735 STEVE SCHICK 2.00 X 0 0 0 STEPHEN TOM 2.00 X 0 0 0 LINCOLN WESCOTT 2.00 X 0 0 0 CHRIS TUCKER 2.00 X 0 0 0 MARTIN GATES 2.00 X 0 0 0 123109 0 7735 1 0 0 0 0 396735 584420 4458 981155 TUITION AND FEE INCOME 611110 11459852 11459852 AUXILIARY PROGRAM FEES 611110 680462 680462 12140314 232077 232077 141058 141058 141058 141058 1176796 1800 1122298 4835 54498 -3035 51463 51463 68738 396735 68738 0 236058 235809 249 249 OTHER INCOME 611110 25205 25205 25205 13571521 12165768 0 424598 127434 93636 31450 2348 6174998 4537276 1523942 113780 82034 60277 20245 1512 999288 734258 246617 18413 461499 333694 119241 8564 2839 2839 21350 21350 83867 67989 15660 218 248242 199065 48611 566 1490301 1352447 133560 4294 26756 26231 525 7339 7339 217847 197500 19713 634 25291 22929 2288 74 EVENTS 1201878 1195058 6820 SUPPLIES 440813 298041 135672 7100 UTILITIES 290759 263602 26311 846 REPAIRS AND MAINTENANCE 280062 109985 169740 337 OUTSIDE SERVICES 108618 79811 26806 2001 531125 328927 202127 71 12822340 9900726 2760856 160758 232727 421622 503149 998204 9180 13019 155528 95137 87723 63947 5816260 3318579 2265664 2497681 4321144 4654110 247485 247485 7822600 8991205 453906 475893 1284163 1774064 60849 47404 1798918 2297361 X 5591737 6227808 431945 466036 6023682 6693844 7822600 8991205 X 749181 -79019 X X 1 0 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3476589 2092411 1384178 2170421 1099743 1070678 169250 126425 42825 2497681 CERTIFICATES OF DEPOSIT 137028 F ACCRUED INTEREST 70144 F CORPORATE BONDS & NOTES 1962651 F GOVERNMENT SECURITIES 2484287 F 4654110 LEASE PAYABLE 47404 47404 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 SCHOOL ADVERTISES ITS NONDISCRIMINATION POLICY IN THE LOCAL PAPER. STUDENTS & PARENTS ARE DIRECTED TO THE SCHOOL'S POLICIES ON ITS WEBSITE. ANNUAL GALA 465473 396735 68738 68738 465473 396735 68738 68738 68738 0 1 FINANCIAL AID TO NEEDY FAMILIES 105 467700 TUITION DISCOUNTS TUITION DISCOUNTS FOR CHILDREN OF STAFF 48 333644 TUITION DISCOUNTS PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FINANCIAL ASSISTANCE IS AWARDED TO NEEDY FAMILIES BASED ON ESTABLISHED CRITERIA AND REVIEWED BY AN INDEPENDENT COMMITTEE WHO DETERMINE ABILITY TO PAY AND AMOUNT OF ASSISTANCE. TUITION DISCOUNTS ARE AWARDED BASED ON ESTABLISHED CRITERIA AND SET DISCOUNT AMOUNTS FOR CHILDREN OF STAFF. CHANGES IN ENROLLMENT AND EMPLOYMENT ARE MONITORED TO DETERMINE THAT THE DISCOUNTS ARE APPLIED CORRECTLY. (TUITION DISCOUNTS ON THIS SCHEDULE ARE NOT SHOWN SEPARATELY ON THE SCHOOL'S FINANCIAL STATEMENTS, BUT RATHER ARE NETTED TO SHOW NET TUITION INCOME.) FORM 990, PART VI, SECTION A, LINE 2 LARRY & CAROL ELLIS, BOTH BOARD MEMBERS, ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD REVIEWED AND APRROVED THE DRAFT OF THE TAX RETURN PRIOR TO FINALIZING AND FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS MONITORED IN TWO WAYS: FIRST, THOSE WHO CONTRACT FOR GOODS OR SERVICES ARE RESPONSIBLE TO CONSIDER IF THERE IS A POTENTIAL CONFLICT. THE BUSINESS OFFICE MONITORS CONTRACT AND PURCHASES FOR ANY TIES TO BOARD MEMBERS OR EMPLOYEES OF THE SCHOOL. SECOND, THE BOARD IS REMINDED BY THE CHAIRMAN OF THE FINANCE COMMITTEE TO CONSIDER ANY CONFLICTS WHEN DECISIONS ARE BEING APPROVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE PERSONNEL COMMITTEE DID A THOROUGH COMPARATIVE STUDY OF SCHOOLS IN THE AREA, COLLECTING AND COMPARING DATA. BASED ON THIS, RECOMMENDATIONS WERE MADE TO THE BOARD REGARDING COMPENSATION. THIS WAS DONE FOR ALL SENIOR ADMINISTRATIVE STAFF. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS EXEMPTION APPLICATION (FORM 1023), CORPORATE ARTICLES & BYLAWS, AND ITS ANNUAL TAX FORMS (FORM 990) AVAILABLE IN THE BUSINESS OFFICE DURING BUSINESS HOURS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -79,019. FORM 990, PART XI, LINE 2C: KINGS ACADEMY HAS AN COMMITTEE THAT SELECTS THE ACCOUNTANT TO CONDUCT THE INDEPENDENT REVIEW. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.