2011-02-14T10:49:32-06:00 2010-06-30 CARR RIGGS & INGRAMLLC 4360 CHAMBLEE DUNWOODY RD SUITE 420 ATLANTA GA 30341 990 2009-07-01 383796290 CAREER AND TECHNICAL EDUCATION CONSORTIUM OF STATES INCORPORATED CARE 4046794500 1866 SOUTHERN LANE DECATUR GA 300334033 DR RONALD D MCCAGE 4046794501 2011-02-08 1 7704576606 2009 2016-02-24 21:20:13Z DR RONALD D MCCAGE 1866 SOUTHERN LANE DECATUR GA 300334033 921590 0 X www.ctecs.org X 2009 GA To provide industry-based resources and services for the improvement of career technical education and workforce development instruction, assessment, certification, and delivery. 13 13 0 0 0 0 203015 718575 0 0 921590 0 0 164025 0 0 799218 963243 -41653 464059 568084 -104025 To provide industry-based resources and services for the improvement of career technical education and workforce development instruction, assessment, certification, and delivery. 0 0 908519 718575 Develop and research business and industry-based career clusters, career majors, and career pathways, manage technical committees for academic and occupational skills analysis and validation, and analyze occupatons for the related accademic skills of language arts, math, and science. 908519 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 13 13 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 GA X LISA MOREAUX 4046794500 1866 SOUTHERN LANE DECATUR GA 300334033 X Ms Meg Smith 1.00 X 0 0 0 Mr Milton Ericksen 1.00 X 0 0 0 Ms Ann Stephens 1.00 X 0 0 0 Ms Debbie Anderson 1.00 X 0 0 0 Dr James Owens 1.00 X 0 0 0 Ms Wanda Monthey 1.00 X 0 0 0 Dr Lynne Gilli 1.00 X 0 0 0 Dr JoAnn Simser 1.00 X 0 0 0 Ms KC Simchock 1.00 X 0 0 0 Dr James R Couch 1.00 X 0 0 0 Ms Elizabeth Russell 1.00 X 0 0 0 Ms Teri Wigert 1.00 X 0 0 0 Dr Carl V Wyatt 1.00 X 0 0 0 Dr Ronald D McCage 40.00 X 0 100000 0 0 100000 0 0 0 0 0 0 203015 203015 Membership Dues 900099 370000 370000 Contracts 611600 228541 228541 Products, sales and se 611600 115885 115885 Revenues - other incom 900099 4149 4149 718575 921590 718575 0 0 117840 113938 3902 17036 16472 564 29149 28184 965 385 345 40 5548 5548 12070 12070 24554 23858 696 10733 10733 29076 29076 13298 10843 2455 SALARIES PAID UNDER SAC 397233 384080 13153 CTECS Grant Expense 248010 240561 7449 COC Allocation 50000 25000 25000 pass assured 5500 5500 0 Exhibits 2311 2311 0 500 500 963243 908519 54724 0 347426 53326 30199 0 33108 0 464059 68980 65000 0 434104 0 568084 X -104025 0 -104025 0 464059 X 0 1 1 X 1 1 X 805705 805705 97385 97385 903090 903090 0 0 0 903090 903090 903090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Cash Surrender Value of Life Insurance 33108 33108 Due to related party 209501 due to related party-post retirement benefit obligation 224603 434104 921590 963243 -41653 -62372 -62372 -104025 903090 0 903090 18500 18500 921590 944744 1 1 944743 18500 18500 963243 Part X: Description of Uncertain Tax Positions Under FIN 48: Management does not believe that the Organization has any material uncertain tax positions at June 30,2010; however, the Organization's tax return is subject to examination by relevant taxing authorities. Part XI, Line 8 - Other Adjustments: Excess of liabilities assumed over assets received from the SACS: -62371. ROUNDING: -1. Part XII, Line 4b - Other Adjustments: Bad Debt recovery: 18500. Part XIII, Line 2d - Other Adjustments: ROUNDING: 1. Part XIII, Line 4b - Other Adjustments: Bad Debt Recovery: 18500. Form 990, Part VI, Section A, line 6 The Organization has 11 members. Form 990, Part VI, Section B, line 11 The Procedure was discussed in December of 2010 and the the process will be considered for implementation in the future years. Form 990, Part VI, Section B, line 12c It is always an agenda item to discuss and update if necessary. Form 990, Part VI, Section B, line 15 The process for determining compensation of the organization's CEO, executive director, or top management official is determined by the members governing Board. The process for determining compensation of the organization's officers or key employees is proposed by the Executive Director and approved by Board. Form 990, Part VI, Section C, line 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST. Form 990, Part VI, Section C, line 19 A WRITTEN OR ELECTRONIC COPY OF THE FORM 990 OR GOVERNING DOCUMENTS IS PROVIDED UPON REQUEST. THE TAXPAYER HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILIATION OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. form 990, part I, line 8 IN 2009, WAGES FOR THE EMPLOYEES OF CAREER AND TECHNICAL EDUCATION CONSORTIUM OF STATES, INC. WERE PAID UNDER THE EMPLOYER IDENTIFICATION NUMBER OF SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS, INC. FORM 990 AT JUNE 30, 2009, THE ORGANIZATION WAS A SEPARATE COMMISSION INCLUDED IN THE AUDIT AND FINANCIAL STATEMENTS OF THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS, INC. (SACS). IN ACCORDANCE WITH SACS BYLAWS, THE ORGANIZATION ORGANIZED A NONPROFIT ENTITY SEPARATE FROM SACS AND RECEIVED APPROVAL FROM THE IRS TO OPERATE AS A 501(C)(3) ORGANIZATION. SUBSEQUENTLY, SACS AND THE ORGANIZATION REACHED AN AGREEMENT, APPROVED BY THE BOARD OF TRUSTEES OF SACS AND THE ORGANIZATION, WHEREBY THE ASSETS AND OPERATIONS OF SACS, WHICH WERE OPERATED BY THE ORGANIZATION, WOULD BE TRANSFERRED TO THIS NEW INDEPENDENT NONPROFIT ENTITY. EFFECTIVE JULY 1, 2009, THE ORGANIZATION ESTABLISHED ITS OWN SEPARATE GOVERNING BODY WHEREBY CONTROL OF THE ORGANIZATION WAS SEGREGATED FROM THE GOVERNING BODY OF SACS. ACCORDINGLY, THE ORGANIZATION'S FINANCIAL STATEMENTS ARE PRESENTED SEPARATELY FROM THOSE OF SACS. AT JUNE 30, 2009, THE ORGANIZATION ASSUMED A DEFICIT OF APPROXIMATELY $62,000 IN UNRESTRICTED NET ASSETS FROM SACS. THIS AMOUNT HAS BEEN INCLUDED IN THE STATEMENT OF ACTIVITIES AS AN ASSUMPTION OF THE DEFICIT IN NET ASSETS FROM SACS. THE FOLLOWING IS A SUMMARY OF THE ASSETS ACQUIRED AND LIABILITIES ASSUMED IN THE TRANSFER: ACCOUNTS RECEIVABLE $120,825 CSV OF LIFE INSURANCE 31,460 TOTAL ASSETS 152,285 ACCRUED LIABILITIES 48,852 DUE TO RELATED PARTY 4,540 DUE TO RELATED PARTY PBO 161,654 TOTAL LIABILITIES 214,654 EXCESS LIABILITIES (62,369) SOUTHERN Association of Colleges and schools inc 1866 Southern Lane Decatur GA 30033 580566240 School Accreditation & Improvement GA 501(C)(3) Line 9 N/A SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS - COC 1866 Southern Lane Decatur GA 30033 320261810 school Accreditation & Improvement GA 501(c)(3) Line 9 N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 Southern Association of Colleges and Schools Inc E 224603 southern Association of Colleges and Schools - Commission on Colleges E 95814 southern Association of Colleges and Schools - Commission on Colleges O 50000 Southern Association of Colleges and Schools Inc E 113687