2026-05-14T13:35:08-05:00 2025-06-30 750786316 WEAVER AND TIDWELL LLP 2300 N FIELD ST STE 1000 DALLAS TX 75201 990 2024-07-01 200033926 WESTLAKE ACADEMY FOUNDATION WEST 8174905722 2600 JT OTTINGER ROAD WESTLAKE TX 76262 SEAN SHOPE TREASURER 8174905722 2026-05-14 1 1 PRERNA JAGADA P01063809 9724901970 2024 2025-03-06 01:10:19Z DR SHELLY MYERS 2600 JT OTTINGER ROAD WESTLAKE TX 76262 2232483 0 X HTTPS://WWW.WESTLAKEACADEMY.ORG/WAF X 2003 TX TO PROVIDE FINANCIAL SUPPORT FOR WESTLAKE ACADEMY IN ITS EFFORTS TO PROVIDE STUDENTS WITH AN INTERNATIONALLY-MINDED EDUCATION OF THE HIGHEST QUALITY, SO THEY ARE WELL-BALANCED AND RESPECTFUL LIFE-LONG LEARNERS. 10 10 0 50 0 0 1307920 1876188 0 0 140146 257870 4034 -68335 1452100 2065723 1474608 1511032 0 0 0 0 0 0 0 91831 149575 1566439 1660607 -114339 405116 3178246 3626067 33898 31813 3144348 3594254 TO PROVIDE FINANCIAL SUPPORT FOR WESTLAKE ACADEMY IN ITS EFFORTS TO PROVIDE STUDENTS WITH AN INTERNATIONALLY-MINDED EDUCATION OF THE HIGHEST QUALITY, SO THEY ARE WELL-BALANCED AND RESPECTFUL LIFE-LONG LEARNERS. 0 0 1254489 1254489 BLACKSMITH ANNUAL FUND DONATIONS HELP FILL THE FUNDING GAP IN WESTLAKE ACADEMY'S ANNUAL OPERATING BUDGET. 100% OF DONATIONS RECEIVED THROUGH THE BLACKSMITH ANNUAL FUND CAMPAIGN ARE TRANSFERRED DIRECTLY TO THE ACADEMY. 132365 132365 PROVIDE "ABOVE AND BEYOND" SUPPORT FOR ACTIVITIES AND INITIATIVES OF ACADEMY OUTSIDE OF THE ANNUAL BUDGET. GRANTS HAVE FUNDED NEW CURRICULUM PROGRAMS, CLASSROOM PROJECTS, NEW EQUIPMENT, SMARTBOARDS AND PROFESSIONAL DEVELOPMENT/TRAINING. 124178 124178 INITIATIVE TO SUPPORT THE ACADEMY'S TEACHER RETENTION EFFORTS: FACULTY AND STAFF RECEIVE $1,100 IN GIFT CARDS TO PURCHASE CLASSROOM AND WORKSTATION RESOURCES. 1511032 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 24 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X DR SHELLY MYERS 8174905722 2600 JT OTTINGER ROAD WESTLAKE TX 76262 SHELLY MYERS EXECUTIVE DIRECTOR 40.00 X 0 137207 19715 MARSHA AILEY DIRECTOR 2.00 X 0 0 0 SHARAN SANKARANARAYANAN DIRECTOR 2.00 X 0 0 0 PATTY PINSONNAULT DIRECTOR 2.00 X 0 0 0 HEATHER KILGORE DIRECTOR 2.00 X 0 0 0 ROB FITZGERALD DIRECTOR 2.00 X 0 0 0 BRI DESLONGCHAMPS DIRECTOR 2.00 X 0 0 0 MICHAEL COLBY PRESIDENT 2.00 X X 0 0 0 MEGHAN DORR VICE PRESIDENT 2.00 X X 0 0 0 DR AHU PRIMEAUX SECRETARY 2.00 X X 0 0 0 SEAN SHOPE TREASURER 2.00 X X 0 0 0 0 137207 19715 0 0 1 0 0 288424 1587764 67712 1876188 103053 103053 227682 72865 154817 154817 154817 25560 288424 93895 -68335 -68335 2065723 0 0 189535 1511032 1511032 30173 30173 21420 21420 39351 39351 25962 25962 1723 1723 5423 5423 213 213 CREDIT CARD/ BANK FEES 20248 20248 DUES & SUBSCRIPTIONS 3363 3363 MISCELLANEOUS EXPENSES 1408 1408 DONOR GIFTS 255 255 36 36 1660607 1511032 149575 0 627993 787217 2550253 2838850 3178246 3626067 32518 31813 1380 0 33898 31813 X 2823105 2776516 321243 817738 3144348 3594254 3178246 3626067 X 405116 60916 -1 -16125 X X 0 1 X 1 0 X 1431043 2351466 1873150 1307920 1876188 8839767 1431043 2351466 1873150 1307920 1876188 8839767 458573 8381194 49924 115356 74352 84391 103053 427076 9266843 0.90440 0.88960 X PART II, SHORT YEAR EXPLANATION: THE PRIOR TAX YEAR WAS A SHORT YEAR DUE TO THE CHANGE OF ACCOUNTING PERIOD FROM A FISCAL YEAR ENDED AUGUST 31 TO A FISCAL YEAR ENDED JUNE 30. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2562870 299864 15996 21420 2825318 2310008 277802 10445 14495 2562870 2153037 187102 12875 17256 2310008 2499994 -321347 6735 18875 2153037 2021775 64634 437962 6490 17887 2499994 0.84788 0.10369 0.04843 0 0 0 EQUITIES 1695300 F FIXED INCOME 1143550 F 2838850 X 2220534 60916 93895 154811 2065723 0 2065723 1770627 110020 110020 1660607 0 1660607 PART V, LINE 4: GENERAL WAF ENDOWMENT (UNRESTRICTED) IS AVAILABLE TO RESPOND TO EMERGENCIES OR OPPORTUNITIES IN ANY GIVEN SCHOOL YEAR. GINGY QUINN FUND IS RESTRICTED TO SUPPORTING INNOVATIVE PROGRAMS, NEW CLASSROOM TECHNOLOGIES, AND NEW TEACHER RESOURCES. JOE BRADLEY FUND IS RESTRICTED TO PROVIDING STUDENT TRAVEL AWARDS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT CONDUCT UNRELATED BUSINESS ACTIVITIES. THEREFORE, THE FOUNDATION HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION IS UNAWARE OF ANY UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2025, THAT WOULD BE SUBJECT TO THE RECOGNITION PROVISION OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. GENERALLY, THE THREE PRIOR YEARS REMAIN OPEN FOR FEDERAL INCOME TAX EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 93,895. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 93,895. ABATED IRS PENALTY 16,125. GALLERY NIGHT 313984 288424 25560 9125 21871 11400 51499 313984 288424 25560 9125 21871 11400 51499 93895 -68335 DR SHELLY MYERS 2600 JT OTTINGER ROAD WESTLAKE TX 76262 0 WESTLAKE ACADEMY 2600 JT OTTINGER ROAD WESTLAKE TX 76262 CHARTER SCHOOL 1311671 199361 PURCHASE PRICE STEM EQUIPMENT, SUPPLIES, CLASSROOM FURNITURE, FOOD, CLOTHING, & GIFT CARDS SEE PART IV 1 SCHEDULE I PART II TO SUPPORT THE OPERATING BUDGET FOR THE WESTLAKE ACADEMY (BAF), SUPPORT FOR ACTIVITIES AND INITIATIVES OF THE ACADEMY OUTSIDE OF THE ANNUAL BUDGET, AND FACULTY AND STAFF RECEIVE $1,100 IN GIFT CARDS TO PURCHASE CLASSROOM AND WORKSTATION RESOURCES. SEE STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS FOR ADDITIONAL DETAILS. 0 0 0 0 0 0 0 0 0 SHELLY MYERS EXECUTIVE DIRECTOR 0 137207 0 0 0 0 0 13257 0 6458 0 156922 0 0 X 6 67712 NYSE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE BOARD TREASURER PRIOR TO BEING FILED. EACH BOARD MEMBER HAS THE OPPORTUNITY TO SEE THE 990 PRIOR TO FILING BY REQUEST. FORM 990, PART VI, SECTION B, LINE 12 OFFICERS, DIRECTORS, AND KEY EMPLOYEES WERE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST AND DID, BUT THERE IS NO FORMAL WRITTEN POLICY. INTERNAL MANAGEMENT IS WORKING ON A FORMAL POLICY FOR FY25/26. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAINTAINS A COPY OF ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AND EACH IS AVAILABLE FOR REVIEW UPON REQUEST ALONG WITH THE PUBLIC AVAILABILITY OF THE ANNUAL AUDIT REPORT. FORM 990, PART XI, LINE 9: ABATED IRS PENALTY -16,125. PART XII, LINE 2C EXPLANATION THERE WAS NO CHANGE TO THE OVERSIGHT OR SELECTION PROCESS DURING THE CURRENT YEAR. TOWN OF WESTLAKE 2600 JT OTTINGER ROAD WESTLAKE TX 75262 752449357 MUNICIPALITY TX N/A 0 WESTLAKE ACADEMY 2600 JT OTTINGER ROAD WESTLAKE TX 75262 CHARTER SCHOOL TX TOWN OF WESTLAKE 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 WESTLAKE ACADEMY B 1511032 CASH WESTLAKE ACADEMY O 0 CASH