2022-04-14T17:34:51-05:00 2021-05-31 751044330 LANE GORMAN TRUBITT LLC 2626 HOWELL ST SUITE 700 DALLAS TX 75204 990 2020-06-01 751507280 JUNE SHELTON SCHOOL AND EVALUATION CENTE JUNE 9727741772 17301 PRESTON ROAD DALLAS TX 75252 GLEN BROWN CFO 9727741772 2022-04-13 1 GLEN BROWN 999009999 KEVIN WARNEKE P01294950 2148717500 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z SUZANNE STELL 17301 PRESTON ROAD DALLAS TX 75252 35026769 0 X WWW.SHELTON.ORG X 1976 TX SEE PART III. 38 37 397 95 0 0 1161897 1525788 30998795 33128199 -2940239 2292 558892 38653 29779345 34694932 1926069 2980514 0 0 22077988 22770609 39257 0 885706 7284097 8342706 31327411 34093829 -1548066 601103 37931961 43514665 33471799 37581845 4460162 5932820 SHELTON IS A SCHOOL AND RESOURCE CENTER DEDICATED TO MAKING A DIFFERENCE BY SERVING AND EMPOWERING THE LIVES OF STUDENTS WHO LEARN DIFFERENTLY BECAUSE NOT ALL GREAT MINDS THINK ALIKE. 0 0 27735675 2980514 31677622 SHELTON SCHOOL IS AN INDEPENDENT, NONSECTARIAN, COEDUCATIONAL, NONPROFIT SCHOOL WHOSE PURPOSE IS TO PROVIDE EXCELLENCE IN EDUCATION TO STUDENTS OF AVERAGE TO ABOVE- AVERAGE INTELLIGENCE WITH LEARNING DIFFERENCES FROM PRESCHOOL THROUGH GRADE 12. THE SCHOOL OFFERS A COMPREHENSIVE CURRICULUM WITH A STRONG ACADEMIC ORIENTATION AND A NURTURING FAMILY ATMOSPHERE THAT CONSIDERS THE PHYSICAL, INTELLECTUAL, EMOTIONAL AND SOCIAL GROWTH OF EACH STUDENT. SHELTON SERVED 1,010 STUDENTS THIS PAST YEAR. 88% OF THOSE STUDENTS ENTERED INTO A 4-YEAR COLLEGE PROGRAM. 2577318 1683691 THE OUTREACH PROGRAM EXTENDS SHELTON'S APPROACHES TO THOSE BEYOND ITS STUDENT BODY. SERVICES INCLUDE SUMMER SCHOOL, TEACHER TRAINING, TUTORING PROGRAM IN READING / WRITING / SPELLING, ONLINE TRAINING, PRESENTATIONS AT CONFERENCES AND WORKSHOPS, AND COLLABORATIVE PROGRAMS WITH COLLEGES AND UNIVERSITIES. THE SPEECH CLINIC PROVIDES SERVICES FOR COMMUNITY CHILDREN AND ADULTS, BOTH ON AND OFF CAMPUS. SERVICES INCLUDES INDIVIDUAL / GROUP THERAPY, STAFF DEVELOPMENT FOR PROFESSIONALS, AND SCREENINGS FOR OTHER SCHOOLS. THE EVALUATION CENTER PROVIDES A VARIETY OF EVALUATIONS TO THE COMMUNITY. PSYCHOEDUCATIONAL, NEUROPSYCHOLOGICAL, AND PSYCHOLOGICAL CLIENTS ARE SEEN AND EVALUATED FOR LEARNING DISABILITIES AND RELATED DISORDERS. 30312993 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 1 52 0 1 397 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 38 37 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X GLEN BROWN 9727741772 17301 PRESTON ROAD DALLAS TX 75252 GARY WEBB CHAIRMAN 1.00 2.00 X X 0 0 0 PAUL NEUBACH MD VICE CHAIRMAN 1.00 1.00 X X 0 0 0 JAMES B REEDER CHAIRMAN EMERITUS 1.00 1.00 X X 0 0 0 SUZANNE STELL EXECUTIVE DIRECTOR / CEO 40.00 2.00 X X 347926 0 32379 JOYCE S PICKERING HUMD EXECUTIVE DIRECTOR EMERITA 30.00 2.00 X X 117894 0 7427 LEON KAPLAN SECRETARY 1.00 X X 0 0 0 GLEN BROWN TREASURER AND CFO 40.00 2.00 X X 248656 0 12616 BENTON W MARKEY TRUSTEE 1.00 1.00 X 0 0 0 DAVID MARTINEAU TRUSTEE 1.00 X 0 0 0 HOLLY VITULLO TRUSTEE 1.00 X 0 0 0 TERESA L WEST TRUSTEE 1.00 X 0 0 0 EDWIN S BELL TRUSTEE 1.00 X 0 0 0 BERT BLAIR TRUSTEE 1.00 X 0 0 0 J CROZIER BROWN TRUSTEE 1.00 X 0 0 0 DIANE BYRD TRUSTEE 1.00 X 0 0 0 KEITH CONLON TRUSTEE 1.00 X 0 0 0 CHUCK DANNIS TRUSTEE 1.00 X 0 0 0 GREG DELAGI TRUSTEE 1.00 X 0 0 0 JENNIFER DIX PHD TRUSTEE 1.00 X 0 0 0 CHRIS DREILING MD TRUSTEE 1.00 X 0 0 0 CHRISTOPHER GEYMULLER TRUSTEE 1.00 X 0 0 0 TOMMY GILBREATH JR TRUSTEE 1.00 X 0 0 0 HEATHER HUNT GRAHAM TRUSTEE 1.00 X 0 0 0 SUSAN GRIFFITHS TRUSTEE 1.00 X 0 0 0 CLIFFORD HAHNE TRUSTEE 1.00 X 0 0 0 EDWARD J HEFFERNAN TRUSTEE 1.00 X 0 0 0 DAVID T HELFFRICH JR TRUSTEE 1.00 X 0 0 0 KENNETH J HUGHES TRUSTEE 1.00 X 0 0 0 CHARLOTTE JONES TRUSTEE 1.00 X 0 0 0 JOHN NEWBY TRUSTEE 1.00 X 0 0 0 BARBARA NOVOTNY TRUSTEE 1.00 X 0 0 0 PATTIE PACE TRUSTEE 1.00 X 0 0 0 WILLIAM F RAPIER TRUSTEE 1.00 X 0 0 0 CHUCK RUBIN TRUSTEE 1.00 X 0 0 0 JANICE C RYAN TRUSTEE 1.00 X 0 0 0 KELLI VALADE TRUSTEE 1.00 X 0 0 0 PHILLIP F WIGGINS TRUSTEE 1.00 1.00 X 0 0 0 BOBBIE SPARKS WILLIAMS TRUSTEE 1.00 X 0 0 0 KEITH WILLIAMS TRUSTEE 1.00 X 0 0 0 CELESTE ZUCH TRUSTEE 1.00 X 0 0 0 CHRISTI CONTRERAS DIRECTOR OF DEVELOPMENT 40.00 X 157737 0 16666 NANCY COFFMAN DIRECTOR OF OUTREACH 40.00 X 125303 0 14403 LAURE AMES DIRECTOR OF EVALUATION 40.00 X 122048 0 16171 MELLANY BARNETT ASSOCIATE HEAD OF SCHOOL 40.00 X 116374 0 8598 AMY KELTON CUSHNER ASSOCIATE HEAD OF SCHOOL 40.00 X 113906 0 17445 1349844 0 125705 12 0 1 0 SAGE DINING SERVICES INC 1402 YORK ROAD LUTHERVILLE MD 21093 DINING AND FOOD SERVICE 554876 ENTRUST ONE FACILITY SERVICES INC 11142 SHADY TRAIL DALLAS TX 75229 JANITORIAL SERVICES 298026 RENTACRATE ENTERPRISES LLC PO BOX 3625 PITTSBURGH PA 15230 MOVING STORAGE AND SERVICES 264472 GARDAWORLD SECURITY SERVICES PO BOX 843886 KANSAS CITY MO 64184 SECURITY SERVICE 153673 MUSIC LEARNING INC 3021 RIDGE ROAD SUITE A176 ROCKWALL TX 75032 MUSICAL EDUCATION SERVICES 110627 5 573847 951941 168557 1525788 TUITION 900099 30666365 30666365 EVALUATION & OUTREACH 900099 1683691 1683691 APPLICATION FEES 900099 580715 580715 PARENT ASSOCIATION PROCEEDS 900099 197428 197428 33128199 1782 1782 105286 104776 510 510 510 -33275 573847 187961 -221236 -221236 65875 39100 26775 26775 OTHER SUPPORT GROUP PROCEEDS 900099 158890 158890 OTHER INCOME 900099 56834 56834 THEATRE INCOME 900099 17390 17390 233114 34694932 33361313 0 -192169 955000 955000 2025514 2025514 1094522 262859 709017 122646 18127894 16568644 969741 589509 1000100 920223 63084 16793 1172221 1053176 95943 23102 1375872 1227508 119108 29256 12123 8881 2961 281 71970 71970 25671 25671 46725 40595 5047 1083 622735 577002 37954 7779 3324383 3201001 114451 8931 137092 128707 6904 1481 90329 77955 10233 2141 606309 591757 13339 1213 278026 271355 6115 556 DINING 1231709 902306 300859 28544 CLASSROOM EXPENSES 449517 390540 48561 10416 OTHER OUSIDE SERVICES 330396 242036 80703 7657 DUES AND SUBSCRIPTIONS 329820 286548 35630 7642 785901 581386 177839 26676 34093829 30312993 2895130 885706 11762742 11000462 134454 22853 100000 22802046 25354127 31400 122490 36240 4888689 1113095 610924 3775594 2367905 3325389 37931961 43514665 2506463 3170970 26841336 30173584 4124000 4124000 0 113291 33471799 37581845 X 4215301 5726952 244861 205868 4460162 5932820 37931961 43514665 601103 871555 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8226850 70051 2383784 14204 10666481 7786349 97060 357160 13719 8226850 7722946 99507 -22926 13178 7786349 7078543 60920 645017 61534 7722946 6697785 57700 814978 491920 7078543 0.74310 0.05150 0.20540 0 1 1 40631 40631 0 4848058 1072464 3775594 3775594 CAPITAL LEASE COMPUTER CURRENT 113291 113291 X 33588167 871555 72865 944420 32643747 25671 2025514 2051185 34694932 32115509 72865 72865 32042644 25671 2025514 2051185 34093829 PART V, LINE 4: INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS THE ENDOWMENT FUNDS REPORTED CONSIST OF THE ENTIRE ACTIVITY OF THE JUNE F. SHELTON LEGACY FOUNDATION, WHICH IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE JUNE SHELTON SCHOOL AND EVALUATION CENTER. THE JUNE F. SHELTON LEGACY FOUNDATION IS A TEXAS NONPROFIT CORPORATION, THE PRINCIPAL PURPOSES OF WHICH ARE TO SUPPORT, BENEFIT AND FURTHER THE PURPOSES OF SHELTON SCHOOL, PRIMARILY BY RAISING, PRESERVING, MANAGING AND INVESTING FUNDS FOR THE BENEFIT OF SHELTON SCHOOL. THE FOUNDATION'S ENDOWMENTS ACCORDING TO GAAP DEFINITIONS CONSIST OF ONLY A SINGLE FUND ESTABLISHED AND USED FOR FINANCIAL AID. CURRENTLY THE FOUNDATION CONSIDERS DONOR RESTRICTED ENDOWMENT FUNDS, ACCORDING TO GAAP, AS PERMANENTLY RESTRICTED NET ASSETS IN THE AMOUNT OF $548,974 AS OF MAY 31, 2021. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE ACCORDING TO THE UNITED STATES INTERNAL REVENUE SERVICE ("IRS") DETERMINATION LETTER DATED JULY 17, 2012, EXCEPT TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. FOR THE YEARS ENDED MAY 31, 2021 AND 2020, UNRELATED BUSINESS INCOME DID NOT RESULT IN ANY MATERIAL NET TAXABLE INCOME, THEREFORE NO PROVISION FOR INCOME TAX HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL IS REQUIRED TO FILE AN ANNUAL FORM 990-T WITH THE IRS FOR ANY UNRELATED BUSINESS INCOME. GAAP REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE SCHOOL'S FINANCIAL STATEMENTS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE LIKELY THAN NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. A RECONCILIATION IS NOT PROVIDED HEREIN, AS THE BEGINNING AND ENDING AMOUNTS OF UNRECOGNIZED BENEFITS ARE ZERO, WITH NO INTERIM ADDITIONS, REDUCTIONS, OR SETTLEMENTS. THE SCHOOL IS RELYING ON ITS TAX-EXEMPT STATUS AND ITS ADHERENCE TO ALL APPLICABLE LAWS AND REGULATIONS TO PRESERVE THAT STATUS. HOWEVER, THE CONCLUSIONS REGARDING THE UNCERTAINTY IN INCOME TAXES WILL BE SUBJECT TO REVIEW AND MAY BE ADJUSTED AT A LATER DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF. THE SCHOOL RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNCERTAIN TAX POSITIONS AS INCOME TAX EXPENSE. THE SCHOOL'S INFORMATIONAL RETURNS FILED WITH THE IRS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE DUE DATE OR DATE OF FILING. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH REVENUE ON FORM 990 33,765. RAFFLE EXPENSS NETTED WITH REVENUE ON FORM 990 39,100. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSES NETTED WITH REVENUE ON FINANCIAL STATEMENTS 2,025,514. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH REVENUE ON FORM 990 33,765. RAFFLE EXPENSES NETTED WITH REVENUE ON FORM 990 39,100. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSES NETTED WITH REVENUE ON FINANCIAL STATEMENTS 2,025,514. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS PUBLISHED IN THE DALLAS MORNING NEWS WITH ALL ADVERTISEMENTS PLACED, AS WELL AS BEING ON THE SCHOOL WEBSITE AT WWW.SHELTON.ORG. STAMPEDE AUCTION 540572 573847 -33275 150986 36975 540572 573847 -33275 150986 36975 187961 -221236 65875 39100 1 1.00000 65875 39100 39100 26775 TX 0 SEE PART IV. 0 0 0 1.00000 GLEN BROWN 17301 PRESTON ROAD DALLAS TX 75252 0 GLEN BROWN RECORDKEEPING X 0 PART III, LINE 9B: RAFFLE EXPLANATION THE TEXAS CHARITABLE RAFFLE ENABLING ACT, EFFECTIVE JANUARY 1, 1990, PERMITS "QUALIFIED ORGANIZATIONS" TO HOLD UP TO TWO RAFFLES PER CALENDAR YEAR, WITH CERTAIN SPECIFIED RESTRICTIONS. THE ORGANIZATION IS NOT REQUIRED TO REGISTER WITH THE STATE BEFORE CONDUCTING A RAFFLE IF TWO OR FEWER RAFFLES ARE HELD DURING THE CALENDAR YEAR. PART VIII, LINE 8 FUNDRAISING EVENTS THE SCHOOL HELD A MAJOR FUNDRAISING EVENT DURING THE FISCAL YEAR. ITS FUNDRAISING EVENT HAD GROSS RECEIPTS OF $540,572 AND DIRECT EXPENSES OF $187,961, RESULTING IN A NET PROFIT OF $352,611. PER FORM 990 INSTRUCTIONS, THE SCHOOL IS REQUIRED TO RECLASS THE CHARITABLE PORTION OF ITS FUNDRAISING GROSS RECEIPTS TO FORM 990, PART VIII, STATEMENT OF REVENUE, LINE 1C., AND THEREFORE, THE NET EFFECT OF RECLASSING CONTRIBUTIONS OF $573,847 FROM GROSS RECEIPTS AFFECTS THE PRESENTATION OF THE FUNDRAISING EVENTS' NET PROFIT AMOUNT, SHOWING A LOSS OF $221,236 WHEN, IN ACTUALITY, THE FUNDRAISING EVENTS WERE PROFITABLE AND RAISED MORE MONEY FOR THE SCHOOL. 1 SHELTON LANDMARK FOUNDATION 17301 PRESTON ROAD DALLAS TX 75252 202532325 501(C)(3) 910000 NEW BUILDING CONSTRUCTION JUNE F SHELTON LEGACY FOUNDATION 17301 PRESTON ROAD DALLAS TX 75252 202131507 501(C)(3) 45000 FINANCIAL AID FOR STUDENTS 2 FINANCIAL AID TO STUDENTS ATTENDING SHELTON 130 2025514 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THE BOARD OF TRUSTEES APPROVES A TOTAL DOLLAR AMOUNT EACH YEAR TO BE ALLOCATED TO FINANCIAL AID. FUNDS ARE DISTRIBUTED BASED UPON FINANCIAL NEED, STUDENT BEHAVIOR, PARTICIPATION AND ACADEMIC RECORD. X X X X 0 0 0 0 0 0 0 0 0 SUZANNE STELL EXECUTIVE DIRECTOR / CEO 292951 0 54975 0 0 0 22800 0 9579 0 380305 0 0 0 GLEN BROWN TREASURER AND CFO 203656 0 45000 0 0 0 12219 0 397 0 261272 0 0 0 CHRISTI CONTRERAS DIRECTOR OF DEVELOPMENT 157737 0 0 0 0 0 8093 0 8573 0 174403 0 0 0 A ARLINGTON HIGHER EDUCATION FINANCE CORPORATION 273906171 2017-10-25 31350000 PROPERTY PURCHASE 0 0 0 B NEWARK CULTURAL EDUCATION FACILITIES FINANCE CORPORATION 263769964 2019-05-07 33500000 BUILDING CONSTRUCTION 0 0 0 A 602857 31350000 219000 31131000 2017 0 0 1 1 B 30625256 223645 30401610 2021 0 0 0 0 A 1 1 1 FROST BANK 10.000000000000 1 0 0 0 0 B 0 0 0 0 1 0 0 0 0 LIABILITIES REPORTED BY RELATED PARTY SHELTON LANDMARK FOUNDATION ("LANDMARK") REPORTS $61,975,256 OF LONG TERM DEBT AS THE RESULT OF THE BOND ISSUANCE. LANDMARK, A RELATED ORGANIZATION REPORTED ON SCHEDULE R, WAS FORMED BY THE SCHOOL ON FEBRUARY 2, 2005, PRIMARILY TO SUPPORT AND BENEFIT THE SCHOOL BY SOLICITING, RECEIVING, AND HOLDING REAL PROPERTY TO BENEFIT THE LONG-TERM GOALS, PURPOSES AND OBJECTIVES OF THE SCHOOL. ALL OF THE SCHOOL'S LAND, LAND IMPROVEMENTS, BUILDINGS AND THE MAJORITY OF BUILDING IMPROVEMENTS ARE HELD BY THE LANDMARK FOUNDATION. BERT BLAIR TRUSTEE 111144 LANDSCAPING SERVICES 0 X 4 17571 SELLING PRICE X NON-CASH AUCTION ITEMS 398 150986 SELLING PRICE 0 1 1 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS RECEIVED THE ORGANIZATION IS REPORTING THE NUMBER OF ITEMS CONTRIBUTED. PART I, LINE 32B: RAYMOND JAMES, DOW CROCKER CPB GROUP, SELLS SHARES OF STOCK IMMEDIATELY UPON RECEIPT FROM DONOR. FORM 990, PART VI, SECTION B, LINE 11B REVIEW PROCESS OF FORM 990 THE 990 IS REVIEWED BY THE ORGANIZATION'S CHIEF FINANCIAL OFFICER AND EXECUTIVE DIRECTOR. A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES BEFORE FILING, IF TIME PERMITTING; OR FIRST MEETING FOLLOWING FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY FORMS ARE COMPLETED AND REVIEWED EACH YEAR. ANY CONFLICTS ARE REVIEWED AND THAT TRUSTEE IS ASKED TO REFRAIN FROM VOTING ON ANY ISSUE AFFECTED BY THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 DETERMINATION OF COMPENSATION THE SCHOOL USES PUBLISHED INFORMATION FROM AN ACCREDITING BODY AS TO SALARY STRUCTURES BY POSITION. THE SCHOOL ALSO USES LOCAL PUBLIC AND PRIVATE SCHOOLS AS A BENCHMARK. THE EXECUTIVE COMMITTEE APPROVES THE EXECUTIVE DIRECTOR'S SALARY, WHICH IS DOCUMENTED IN THE COMMITTEE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: AUDIT OVERSIGHT BOARD NO CHANGE HAS BEEN MADE TO THE ORGANIZATION'S AUDIT OVERSIGHT PROCESS OR SELECTION PROCESS. SHELTON LANDMARK FOUNDATION 17301 PRESTON ROAD DALLAS TX 75252 202532325 SUPPORT TX 501(C)(3) LINE 12A, I SHELTON SCHOOL 1 THE JUNE F SHELTON LEGACY FOUNDATION 17301 PRESTON ROAD DALLAS TX 75252 202131507 SUPPORT TX 501(C)(3) LINE 12A, I SHELTON SCHOOL 1 0 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 SHELTON LANDMARK FOUNDATION B 910000 FAIR MARKET VALUE SHELTON LANDMARK FOUNDATION K 1957000 FAIR MARKET VALUE SHELTON LANDMARK FOUNDATION O 381688 FAIR MARKET VALUE