2011-05-16T16:12:20-05:00 2010-06-30 JOHNSON GLAZE & CO PC 3085 RIVER ROAD N SALEM OR 97303 990 2009-07-01 930425880 Salem Academy SALE 5033781219 942 Lancaster Drive NE Salem OR 97301 Ken Freisen 5033781219 2011-05-16 1 John La'Gere 5033907880 2009 2016-02-24 21:20:13Z Ken Friesen 942 Lancaster Drive NE Salem OR 97301 3434011 0 X www.salemacademy.org X 1945 OR TO PROVIDE QUALITY CHRISTIAN EDUCATION FOR GRADES PRESCHOOL THROUGH 12. EDUCATION IS SUPPLEMENTED WITH EXTRA-CURRICULAR ACTIVITIES SUCH AS ATHLETICS 7 7 161 300 0 0 755640 365028 3122256 2948007 -4787 -23890 89850 89812 3962959 3378957 0 0 2906621 2914817 0 67977 1471447 821561 4378068 3736378 -415109 -357421 3888911 6375751 458388 3281073 3430523 3094678 To provide an excellent education, from a Crist-centered, Biblical perspective, so that our students might know and serve God. 0 0 2968313 3400533 CHRISTIAN EDUCATION FOR GRADES PRESCHOOL TO 12 2968313 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 161 1 0 0 0 0 0 0 0 1 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 0 0 0 OR X X SALEM ACADEMY 5033781219 942 LANCASTER DRIVE SALEM OR 97301 X PAUL BONAR 5.00 X 0 0 0 IVAN IMIG 5.00 X 0 0 0 LYNETTE THOMPSON 5.00 X 0 0 0 TRICIA OLSON 5.00 X 0 0 0 MARK REMPEL 5.00 X 0 0 0 TODD PYNCH 5.00 X 0 0 0 TROY LANGE 5.00 X 0 0 0 0 0 0 0 0 0 0 0 365028 31637 365028 Tuition & Fees 611710 2948007 2948007 2948007 27430 27430 26041 26041 26041 26041 3234 500 55054 3234 -54554 -51320 -51320 1015 1015 1015 Athletics Revenues 611710 30486 30486 Text & Year Books 611710 27575 27575 Misc. Income 611710 4695 4695 62756 3378957 3012914 0 1015 2679956 2085693 545375 48888 234861 195746 36152 2963 49110 38536 10420 154 88866 79979 8887 8394 8394 14223 14223 145686 131117 14569 24560 22104 2456 UTILITIES 108550 97695 10855 Repairs and Maintenance 99316 89384 9932 DESIGNATED EXPENSES - S 88920 88920 PROFESSIONAL FEES 29732 3691 26041 VEHICLE EXPENSE 28336 25502 2834 135868 101552 18344 15972 3736378 2968313 700088 67977 230300 783933 1369899 134673 144514 7275222 2723833 1626804 4551389 526735 892190 500 3725 3888911 6375751 282287 312398 115583 185410 60138 83262 2698871 380 1132 458388 3281073 X 3368897 3018959 61626 75719 3430523 3094678 3888911 6375751 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 537964 537964 5517411 1642469 3874942 1219847 1081364 138483 0 4551389 Investments 892190 F 892190 State Taxes Payable 1132 1132 3378957 3736378 -357421 21576 21576 -335845 3400533 21576 21576 3378957 0 3378957 3736378 0 3736378 0 3736378 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 Faculty and Staff Tuition Discounts 50 204380 Pastoral Tuition Discounts 19 55648 Need Based Tuition Discounts 131 153718 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: No payments are made to organizations or individuals. Only discounts of tuition are made to employees of the school,pastors, or students based on need. An application process is followed using an independent firm that makes recommendations to the scholarship committee. The committee has final discretion. Over half of these discounts are funded by public support. X 671 Donors' Cost X 25891 Thrift Store Value X Professional Svcs 1 5075 Comparable Services 0 0 0 Form 990, Part VI, Section B, line 11 The Board and/or Treasurer review the Form 990 along with the audited financial statements prior to filing. The Board reviewed comparable data during the hiring process for the Superintedent. The decision was substantiated but not reviewed by an independent person. Inflation adjustments have been the basis since. Form 990, Part VI, Section C, line 19 The documents are made available upon request. Salem Academy Foundation 942 Lancaster Drive NE Salem OR 97301 237052987 Solicits, Manages, Distributes Funds Solely to School OR 501(c)(3) 170(b)(1) (A)(vi) 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0