2024-05-08T15:52:07-05:00 2023-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 200 SOUTH 10TH ST STE 900 RICHMOND VA 23219 990 2022-07-01 541144064 FREDERICKSBURG CHRISTIAN EDUCATIONAL SERVICES INC FRED 5403735355 9400 THORNTON ROLLING ROAD FREDERICKSBURG VA 22408 RICHARD A YOST PRESIDENT 5403735355 2024-05-08 1 RICHARD YOST 999009999 0 BREE-ANN WEIDNER P01319397 8046735700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z FREDERICKSBURG CHRISTIAN SCHOOL RICHARD A YOST 9400 THORNTON ROLLING ROAD FREDERICKSBURG VA 22408 13407003 0 X WWW.FREDERICKSBURGCHRISTIAN.COM X 1978 VA FREDERICKSBURG CHRISTIAN SCHOOL IS AN EVANGELICAL, NON-DENOMINATIONAL SCHOOL DEDICATED TO A STRONG ACADEMIC PROGRAM WITH CHRISTIAN CHARACTER AND BIBLICAL TRUTHS INTEGRATED IN EVERY AREA, IN ORDER THAT STUDENTS DEVELOP A LIFELONG BIBLICAL WORLDVIEW. 9 8 228 8 0 0 638202 1131256 10788171 12199599 93075 13017 26960 14091 11546408 13357963 1517807 1830356 0 0 5576939 6431289 62638 66105 307123 3573970 4222785 10731354 12550535 815054 807428 21528955 22466416 7389028 7417952 14139927 15048464 FREDERICKSBURG CHRISTIAN SCHOOL IS AN EVANGELICAL, NON-DENOMINATIONAL SCHOOL DEDICATED TO A STRONG ACADEMIC PROGRAM WITH CHRISTIAN CHARACTER AND BIBLICAL TRUTHS INTEGRATED IN EVERY AREA, IN ORDER THAT STUDENTS DEVELOP A LIFELONG BIBLICAL WORLDVIEW. 0 0 9850427 1830356 12199599 A COMPLETE CHRISTIAN EDUCATIONAL PROGRAM FOR PRESCHOOL THROUGH GRADE 12 IS PROVIDED, SERVING APPROXIMATELY 1,043 STUDENTS IN NORMAL SCHOOL SCHEDULE. DISCOUNTS AND FINANCIAL AID WERE AWARDED TO STUDENTS IN THE AMOUNT OF $2,088,764 FOR THE FISCAL YEAR OF 2023. 9850427 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 228 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 9 8 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X AMANDA KAESER FINANCE DIRECTOR 5403735355 9400 THORNTON ROLLING ROAD FREDERICKSBURG VA 22408 RICHARD A YOST PRESIDENT 50.00 X X 79016 0 1226 LARRY ROOT CHAIR 1.00 X X 0 0 0 KEVIN WOODS SECRETARY 1.00 X X 0 0 0 COSTON CHEATHAM DIRECTOR 1.00 X 0 0 0 STEPHEN MANDELL DIRECTOR 1.00 X 0 0 0 MURIEL MAY DIRECTOR 1.00 X 0 0 0 AMY MCCULLOUGH DIRECTOR 1.00 X 0 0 0 THERESA MILLS DIRECTOR 1.00 X 0 0 0 JAMES WILLIAMS DIRECTOR 1.00 X 0 0 0 DR HEATHER LEE VICE PRESIDENT 50.00 X 90833 0 2135 AMANDA KAESER FINANCE DIRECTOR 40.00 X 29797 0 959 199646 0 4320 0 0 0 0 ENVIROSCAPE INC 1000 TECHPARK PLACE SANDSTON VA 23150 GENERAL CONTRACTING - ATHLETIC FIELDS 760398 SHI INTERNATIONAL CORP PO BOX 952121 DALLAS TX 753952121 IT PRODUCT AND SERVICES PROVIDER 329243 BAGGBY FOROUGHI AND GOODPASTER PLLC 125 OLDE GREENWICH DR 115 FREDERICKSBURG VA 22408 ENGINEERIG SERVICES 160090 GILBERT INVESTMENT GROUP LLC 2851 E BRIGSTOCK RD MIDLOTHIAN VA 23113 CUSTODIAL SERVICES 159116 MOORE'S SERVICES 101 EDGEWOOD ALTAVISTA VA 24517 HVAC SERVICING 135249 5 34450 14830 1081976 1131256 TUITION & RELATED FEES 611600 11630223 11630223 LUNCH PROGRAM 611600 293698 293698 STUDENT ACTIVITIES 611600 275678 275678 12199599 33176 33176 26834 0 26834 26834 26834 4200 24359 0 -24359 4200 -20159 -20159 11938 34450 24681 -12743 -12743 13357963 12199599 0 27108 1830356 1830356 220651 136817 48040 35794 5279835 4279307 1036322 -35794 76212 47231 28806 175 449177 279402 169775 405414 320718 82408 2288 32765 32765 65529 65529 66105 66105 7500 7500 164793 7918 39588 117287 36215 1126 5631 29458 127789 73433 41797 12559 181123 157789 23334 1151978 1099655 52323 71479 54391 10699 6389 25333 2819 14096 8418 262434 262434 899811 691192 208619 84160 84160 STUDENT EXPENSES 807319 787118 8032 12169 STUDENT LUNCH EXPENSES 238795 221488 17307 65762 17456 36672 11634 12550535 9850427 2392985 307123 4221058 3440979 22220 0 27371 32071 62598 209744 24766811 7188046 16418329 17578765 776904 857290 475 347567 21528955 22466416 360171 502690 570520 456900 6374356 6108684 83981 349678 7389028 7417952 X 13764277 14672066 375650 376398 14139927 15048464 21528955 22466416 X 807428 94017 7092 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 791649 -29693 95334 857290 897095 30236 -135682 791649 700997 3131 192967 897095 701756 -759 700997 1.00000 0.00000 0.00000 0 0 100 100 19315269 4412733 14902536 4093079 2775313 1317766 1358363 1358363 17578765 OPERATING LEASE LIABILITIES 281267 FINANCING LEASE LIABILITIES 68411 349678 X 11645897 94017 -1823264 -1729247 13375144 7500 -24681 -17181 13357963 10737360 24681 24681 10712679 7500 1830356 1837856 12550535 PART V, LINE 4: THE ORGANIZATION HAS NO DONOR-RESTRICTED ENDOWMENT FUNDS. THE ORGANIZATION HAS ONE (1) BOARD-DESIGNATED QUASI-ENDOWMENT FUND. THE BOARD OF DIRECTORS MAY ELECT TO USE PART OR ALL OF THE PRINCIPAL OF THE FUND FOR ANY PURPOSE THE BOARD MAY DESIGNATE. PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION, OTHER THAN A PRIVATE FOUNDATION, THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION'S POLICY IS TO RECORD A LIABILITY FOR UNRECOGNIZED TAX BENEFITS AND ANY RELATED INTEREST AND PENALTIES WHEN IT IS MORE LIKELY THAN NOT A TAX POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT HAS EVALUATED THE EFFECT OF THE GUIDANCE PROVIDED BY U.S. GAAP ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES THAT THE FOUNDATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT JUNE 30, 2023. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THE FOUNDATION HAD NO UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: DISCOUNTS AND FINANCIAL AID NETTED WITH TUITION REVENUE -1,830,356. CHANGE IN CHARITABLE REMAINDER TRUST 7,092. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES -24,681. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 24,681. PART XII, LINE 4B - OTHER ADJUSTMENTS: DISCOUNTS AND FINANCIAL AID NETTED WITH TUITION REVENUE 1,830,356. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S RACIALLY NON-DISCRIMINATORY POLICY TOWARDS STUDENTS IS PUBLISHED ANNUALLY THROUGH A PRINTED STATEMENT OF THE SCHOOL'S ADMINISTRATION POLICY IN THE LOCAL NEWSPAPER. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED $7,702 FROM THE ECF/USAC ERATE PROGRAM. X X X X 1 BOOSTER ENTERPRISES INC 10400 OLD ALABAMA RD CONNECTOR STE ALPHARETTA GA 30022 FUN RUN 0 175333 66105 109228 175333 66105 109228 VA GOLF TOURNAMENT 46388 34450 11938 400 8200 5815 10266 46388 34450 11938 400 8200 5815 10266 24681 -12743 1 FINANCIAL AID AWARDED TO STUDENTS 740 0 1830356 BOOK TUITION REDUCTION PART I, LINE 2: FREDERICKSBURG CHRISTIAN SCHOOLS HAS AN APPLICATION PROCESS WHICH INCLUDES APPLICANTS PROVIDING BALANCE SHEET AND INCOME INFORMATION, A COPY OF THE MOST RECENT TAX RETURN, AND A LETTER INDICATING THE REASONS FOR THE NEED FOR ASSISTANCE AND THE AMOUNT OF ASSISTANCE BEING REQUESTED. A COMMITTEE INCLUDING MANAGEMENT, BOARD MEMBERS, AND FINANCE COMMITTEE MEMBERS REVIEW THE APPLICATIONS AND APPROVE THE AMOUNT OF ASSISTANCE. FUNDS ARE NOT DISBURSED BUT CREDITED MONTHLY AGAINST TUITION DUE FOR THE SCHOOL YEAR. FORM 990, PART VI, SECTION A, LINE 2 LARRY ROOT AND JAMES WILLIAMS ARE DIRECTORS ON THE ORGANIZATION'S BOARD OF DIRECTORS AND HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 THE NUMBER OF DIRECTORS WAS CHANGED FROM 3-9 TO 6-10 AND THE QUORUM WAS CHANGED TO HALF OF THE DIRECTORS OR NO LESS THAN 5. REMOVED ASSISTANT SECRETARY FROM OFFICERS OF THE CORPORATION AND ADDED VICE PRESIDENT TO OFFICERS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN WILL BE REVIEWED BY THE AUDIT COMMITTEE BEFORE FILING. A COPY OF THE TAX RETURN WILL BE DISTRIBUTED TO EACH DIRECTOR FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND KEY EMPLOYEES ANNUALLY READ AND SIGN THE CONFLICT OF INTEREST POLICY. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, THEN LEAVES THE MEETING FOR THE DISCUSSION AND VOTE ON THE TRANSACTION INVOLVING THE CONFLICT OF INTEREST. ALTERNATIVES ARE INVESTIGATED AND IT IS DETERMINED WHETHER OR NOT THOSE ALTERNATIVES ARE MORE ADVANTAGEOUS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION RELIES UPON THE SALARIES PAID TO SIMILARLY-SITUATED MANAGERIAL EMPLOYEES IN THE PUBLIC SCHOOL SYSTEM IN ORDER TO ENSURE REASONABLENESS. HOWEVER, THE ORGANIZATION'S SALARIES ARE SIGNIFICANTLY LOWER THAN THOSE OF PUBLIC SCHOOL STAFF. THE BOARD OF DIRECTORS APPROVES THE COMPENSATION ON AN ANNUAL BASIS, AND THE DECISION IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE FCS BUSINESS OFFICE. FORM 990, PART XI, LINE 9: CHANGE IN CHARITABLE REMAINDER TRUST 7,092.