2011-03-11T13:17:35-06:00 2010-07-31 CAPIN CROUSE LLP 972 EMERSON PARKWAY STE A GREENWOOD IN 46143 990 2009-08-01 942299082 VACAVILLE CHRISTIAN SCHOOLS VACA 7074461776 1117 DAVIS STREET VACAVILLE CA 95687 PAUL HARRELL 7074461776 2011-03-11 1 Todd Ensign 3178852620 2009 2016-02-24 21:20:13Z PAUL HARRELL 1117 DAVIS STREET VACAVILLE CA 95687 10274920 0 X WWW.GO-VCS.COM X 1975 CA BIBLE-BASED EDUCATION 7 2 262 25 0 0 500824 463173 11038551 9729283 88843 26605 15252 -17254 11643470 10201807 841766 736279 0 7796323 6793082 2500 237756 5267209 4051722 13905298 11583583 -2261828 -1381776 24756935 23016852 17285256 16930221 7471679 6086631 VACAVILLE CHRISTIAN SCHOOLS IN PARTNERSHIP WITH HOME AND CHURCH EXISTS TO PROVIDE A DISTINCTIVE CHRIST-CENTERED EDUCATION IN A NURTURING ENVIRONMENT, WHICH EQUIPS YOUNG PEOPLE TO EXCEL IN LIFE AND SERVICE TO JESUS CHRIST. 0 0 9266428 736279 9729283 NON-DENOMINATIONAL CHRISTIAN SCHOOL AND CHILDCARE FACILITY SERVICING CHILDREN FROM INFANCY THROUGH HIGH SCHOOL, INCLUDING DAYCARE BEFORE AND AFTER NORMAL SCHOOL HOURS. DURING THE 09/10 SCHOOL YEAR WE PROVIDED EDUCATION TO 1,236 STUDENTS. 9266428 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 44 0 262 1 0 0 0 0 0 0 0 0 0 7 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 CA X VACAVILLE CHRISTIAN SCHOOLS 7074461776 1117 DAVIS STREET VACAVILLE CA 95687 DEAN THORN 1.00 X X 7307 0 0 RON MYSKA 1.00 X X 9158 0 0 JOHN MCFADDEN 1.00 X X 5541 0 0 BEJAN PAZDEL 1.00 X X 8957 0 0 SHEILA TUCKER 1.00 X 2020 0 0 SCOTT JACOBS 1.00 X 0 0 0 DONNA MARTIAN 1.00 X 0 0 0 PAUL HARRELL 40.00 X 182122 0 33113 MARK JESSUP 40.00 X 142886 0 22536 DARIUS COOK 1.00 X 6851 0 0 MEL MITCHELL 1.00 X 0 0 0 357991 0 55649 2 0 1 0 0 54207 408966 463173 Tuition & Fees 611710 8800308 8800308 Auxiliary 611710 928975 928975 9729283 26605 26605 55859 54207 73113 -17254 -17254 10201807 9729283 0 9351 736279 736279 380657 380657 5195658 4476150 639472 80036 19471 19471 712647 523808 185468 3371 484649 390364 88335 5950 40435 40435 2500 2500 17087 11 17076 249183 38297 205436 5450 15479 11581 3639 259 495810 426397 64455 4958 15740 14201 1539 402379 346046 52309 4024 855777 735968 111251 8558 55398 45980 8864 554 Auxiliary expenses 904046 904046 Development 451768 286270 60490 105008 Bad debt 141771 141771 Fundraising 23619 6531 17088 383230 324499 58731 11583583 9266428 2079399 237756 X 229686 361309 2067222 1252841 289582 174800 25000 158843 55105 25737147 4920685 21592824 20816462 24245 369533 356335 24756935 23016852 626675 293868 78638 53138 16070000 16070000 509943 513215 17285256 16930221 X 7471679 6086631 7471679 6086631 24756935 23016852 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4226960 4226960 19524914 3006701 16518213 0 1985273 1913984 71289 0 20816462 Derivative, Interest-Rate Swap 513215 513215 10201807 11583583 -1381776 -3272 -3272 -1385048 9538641 73113 73113 9465528 736279 736279 10201807 10923689 76385 76385 10847304 736279 736279 11583583 Part X: Description of Uncertain Tax Positions Under FIN 48: ON AUGUST 1, 2009, THE SCHOOL ADOPTED THE NEW PROVISIONS OF THE INCOME TAX TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION . THESE PROVISIONS CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBE GUIDANCE RELATED TO THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION IS ONLY RECOGNIZED IN THE STATEMENT OF FINANCIAL POSITION IF THE TAX POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON AN EXAMINATION, BASED ON THE TECHNICAL MERITS OF THE POSITION. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN EXPENSES IN THE STATEMENT OF ACTIVITIES. AS OF JULY 31, 2010, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. Part XI, Line 8 - Other Adjustments: Change in Value of Interest Rate Swap: -3272. Part XII, Line 2d - Other Adjustments: DIRECT FUNDRAISING EXPENSES NETTED WITH REVENUE: 73113. Part XII, Line 4b - Other Adjustments: TUITION DISCOUNTS NETTED WITH REVENUE: 736279. Part XIII, Line 2d - Other Adjustments: DIRECT FUNDRAISING EXPENSES NETTED WITH REVENUE: 73113. CHANGE IN VALUE OF INTEREST RATE SWAP: 3272. Part XIII, Line 4b - Other Adjustments: TUITION DISCOUNTS NETTED WITH REVENUE: 736279. 1 1 1 GENERAL ANNUAL STATEMENT PUBLISHED 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Cookie Dough 83886 33552 50334 2686 48375 682 Crab Feed 23080 18455 4625 8161 3444 1 3100 2200 900 5901 3864 110066 54207 55859 2686 62437 7990 73113 -17254 1 TUITION FINANCIAL AID 352 736279 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: FINANCIAL AID IS GRANTED BASED ON FINANCIAL NEED. FINANCIAL AID IS DETERMINED BY A COMMITTEE INCLUDING THE ADMINISTRATORS AND CEO. THIS COMMITTEE USES A STANDARD FINANCIAL AID APPLICATION PROCESS. ENROLLMENT IS MONITORED ON AN ONGOING BASIS. X 1 1 X X 0 0 0 0 0 0 0 0 0 PAUL HARRELL 140426 0 0 0 41696 0 2552 0 30561 0 215235 0 0 0 MARK JESSUP 136586 0 0 0 6300 0 2842 0 19694 0 165422 0 0 0 Part I, Line 1a Schedule J, Part II, Column D may include a designated minister's housing allowance, as applicable. CALIFORNIA MUNICIPAL FINANCE AUTHORITY 310841368 13048TBT9 2007-08-15 16070000 CAPITAL IMPROVEMENTS & REFINANCE EXISTING DEBT 0 0 16070000 2009 0 0 1 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 0 0 0 0 Form 990, Part VI, Section B, line 11 FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTANT AND REVIEWED BY THE SCHOOL'S TOP MANAGEMENT. MANAGEMENT FORWARDED THE REVIEWED 990 TO THE FINANCE COMMITTEE FOR FURTHER REVIEW AND APPROVAL. AS SUCH, THE APPROVED 990 WAS THEN FORWARDED TO THE ENTIRE BOARD PRIOR TO FILING. Form 990, Part VI, Section B, line 12c OUR TEACHERS AND SUPPORT STAFF REPORT TO THEIR PRINCIPAL OR ADMINISTRATOR, OUR ADMINISTRATORS REPORT TO THE CEO, AND THE CEO REPORTS TO THE BOARD OF DIRECTORS. OVERSIGHT AND ACCOUNTABILITY IS BUILT IN TO MONITOR FOR CONFLICTS OF INTEREST AND TO PREVENT ANY CONFLICTS GOING UNNOTICED. ACCORDING TO THE CONFLICT OF INTEREST POLICY, IF A QUESTION REGARDING A CONFLICT OF INTEREST ARISES IT IS BROUGHT TO THE BOARD'S ATTENTION. Form 990, Part VI, Section B, line 15 OFFICER COMPENSATION IS SET BY THE BOARD OF DIRECTORS. A SALARY SURVEY IS CONDUCTED FOR COMPARABILITY DATA FROM THE LOCAL NORTHERN CALIFORNIA AREA. THE PROCESS IS CONDUCTED AND DOCUMENTED BY THE HR MANAGER. THE BOARD MINUTES REFLECT DISCUSSION AND VOTES ON OFFICER COMPENSATION. Form 990, Part VI, Section C, line 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PAGE 11, PART XI, LINE 2C EXPLANATION OF RESPONSIBILITY THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.