2021-01-12T17:38:06-06:00 2020-06-30 381357951 PLANTE & MORAN PLLC 8181 E TUFTS AVE SUITE 600 DENVER CO 80237 990 2019-07-01 203168449 VALOR CHRISTIAN SCHOOLS VALO 3034713000 3775 GRACE BOULEVARD HIGHLANDS RANCH CO 80126 KURT UNRUH CEO 3034713000 2021-01-12 1 DORI J EGGETT P00645252 3037409400 2021-01-12 2019 2022-09-23 18:48:47Z VALOR CHRISTIAN HIGH SCHOOL KURT UNRUH 3775 GRACE BLVD HIGHLANDS RANCH CO 80216 30865997 0 X WWW.VALORCHRISTIAN.COM X 2005 CO TO PROVIDE A PURPOSE-DRIVEN COLLEGE PREPATORY PROGRAM IN A CHRIST-CENTERED ENVIRONMENT. 10 10 462 300 0 0 3942723 3937209 25522992 26611941 122017 93021 107151 90682 29694883 30732853 2329566 2241036 0 0 16783162 17013612 0 0 514549 11916593 10287458 31029321 29542106 -1334438 1190747 93611326 96383319 11180464 12735410 82430862 83647909 X SEE SCHEDULE O.IN PARTNERSHIP WITH COMMITTED PARENTS, OUR MISSION IS TO PROVIDE A PURPOSE-DRIVEN COLLEGE PREPARATORY PROGRAM, WITHIN A VIBRANT CHRIST-CENTERED ENVIRONMENT THAT EMPOWERS STUDENTS TO DISCOVER THEIR PASSIONS AND TO DEVELOP THEIR UNIQUE GIFTS AND ABILITIES WHILE GROWING IN WISDOM, KNOWLEDGE, LEADERSHIP, FAITH AND SERVICE. 0 0 25333930 2241036 26611941 SEE SCHEDULE OVALOR CHRISTIAN HIGH SCHOOL IS A FAITH-BASED, INDEPENDENT, COLLEGE-PREPARATORY SCHOOL LOCATED IN HIGHLANDS RANCH, COLORADO. STANDING FIRMLY BEHIND ITS VISION TO PREPARE TOMORROW'S LEADERS TO TRANSFORM THE WORLD FOR CHRIST, A VALOR EDUCATION PROVIDES A RIGOROUS ACADEMIC PROGRAM IN A CHRIST-CENTERED ENVIRONMENT MAINTAINING A 12:1 STUDENT TO TEACHING FACULTY RATIO. VALOR OPENED ITS DOORS IN THE FALL OF 2007 AND HAS SINCE GROWN FROM 155 TO 1,162 STUDENTS SERVING GRADES 9TH - 12TH. THE 2019-20 SCHOOL YEAR MARKED THE ORGANIZATION'S 13TH YEAR OF SCHOOLING. AS IT ENTERS ITS SECOND DECADE, THE SCHOOL REMAINS COMMITTED TO ITS CORE VALUES TO HONOR CHRIST IN EVERYTHING IT DOES, TO CONDUCT PLANNING AND MAKE DECISIONS BASED ON WHAT IS IN THE BEST INTEREST OF STUDENTS AND TO PARTNER WITH PARENTS AS THE PRIMARY INFLUENCERS OF THEIR CHILDREN'S LIVES. VALOR IS FULLY ACCREDITED WITH BOTH ADVANCED AND THE ASSOCIATION OF CHRISTIAN SCHOOLS INTERNATIONAL (ACSI) IN WHICH IT MAINTAINS EXEMPLARY STATUS. IN ADDITION, VALOR IS ALSO A CHARTER MEMBER OF THE COUNCIL ON EDUCATIONAL STANDARDS AND ACCOUNTABILITY (CESA) AND RECEIVED THE PRESTIGIOUS 2015 NATIONAL BLUE RIBBON SCHOOLS AWARD BY THE UNITED STATES DEPARTMENT OF EDUCATION, REPRESENTING ONE OF ONLY THREE PRIVATE HIGH SCHOOLS IN THE COUNTRY TO RECEIVE THE AWARD THAT YEAR. VALOR'S COURSES MEET THE VERY BEST EDUCATIONAL STANDARDS AND ARE TAUGHT IN A MANNER TO PREPARE STUDENTS FOR FUTURE ACADEMIC CHALLENGE WITHOUT JEOPARDIZING OR DILUTING THE IMPORTANCE OF A CHRISTIAN WORLD VIEW. OVER 72% OF VALOR'S FACULTY HAVE ADVANCED DEGREES, WITH 9 INDIVIDUALS HOLDING DOCTORATES. ACADEMICS:VALOR PROVIDES AN ACADEMICALLY RIGOROUS PROGRAM, GROUNDED IN BIBLICAL TRUTH, THAT PREPARES STUDENTS FOR THE HIGHEST LEVEL OF ACADEMIC PERFORMANCE AND LEADERSHIP IN COLLEGE AND BEYOND. VALOR OFFERS 10 CONCURRENT COLLEGE CREDIT COURSES AND 21 ADVANCED PLACEMENT (AP) COURSES. OF THE 288 STUDENTS ENROLLED IN AP COURSES, VALOR HAD 4 NATIONAL AP SCHOLARS AS WELL AS 86 STUDENTS RECOGNIZED AS EITHER AP SCHOLARS, AP SCHOLARS WITH HONOR, OR AP SCHOLARS WITH DISTINCTION. VALOR'S AP COURSE PASS RATE WAS 84%.IN 2019-20, VALOR HAD 12 STUDENTS ELIGIBLE FOR NATIONAL MERIT DISTINCTION. THE AVERAGE ACT SCORE FOR THE CLASS OF 2020 WAS 26.0 WITH STUDENTS IN THE TOP HALF SCORING AN AVERAGE OF 28.9 TO DATE VALOR HAS GRADUATED 11 CLASSES WITH OVER 99% OF GRADUATES IN 2020 ACCEPTED TO OVER 229 DIFFERENT FOUR-YEAR COLLEGES OR UNIVERSITIES AND MATRICULATED TO 103 DIFFERENT SCHOOLS. THE CLASS OF 2020 EARNED OVER $5.5M IN ACADEMIC, ARTISTIC AND ATHLETIC SCHOLARSHIPS AND AWARDS FOR THEIR FRESHMAN YEAR. APPROXIMATELY 56% OF VALOR GRADUATES ATTEND OUT OF STATE COLLEGES OR UNIVERSITIES. IN 2019-20, THE AVERAGE GPA FOR THE STUDENT BODY WAS 3.4. FOR THE CLASS OF 2020, THE TOP 10% OF STUDENTS ACHIEVED GPAS BETWEEN 4.2 AND 4.6. VALOR'S ENDORSEMENT PROGRAMS IN STEM AND RHETORIC OFFER A CROSS-DISCIPLINE COURSE OF STUDY THAT ENABLES SELECT STUDENTS TO ORGANIZE THEIR GRADUATION REQUIREMENTS AROUND THEIR CORE INTERESTS. THERE ARE CURRENTLY 43 STUDENTS PARTICIPATING IN A RHETORIC ENDORSEMENT AND 93 PARTICIPATING IN A STEM ENDORSEMENT. VALOR STUDENTS COVER A WIDE SPECTRUM OF LEARNING STYLES, INCLUDING STUDENTS WHO ARE NEURAL ATYPICAL. AS A RESULT, VALOR TAKES ACADEMIC SUPPORT VERY SERIOUSLY TO MAXIMIZE LEARNING AND SUCCESS FOR ALL STUDENTS. FORMAL ACADEMIC ACCOMMODATIONS ARE OFFERED TO THOSE STUDENTS WHO HAVE A DIAGNOSED LEARNING DIFFICULTY. IN ADDITION, MANY OTHER SUPPORT SERVICES ARE OFFERED SUCH AS INDIVIDUAL TUTORING, ACADEMIC COACHING AND MANAGEMENT, PEER TUTORING, STANDARDIZED TEST PREP, ONLINE COURSES AND SUMMER SCHOOL. BOTH MATH AND WRITING LABS ARE AVAILABLE WHERE STUDENTS CAN SEEK ADDITIONAL HELP IN THOSE SUBJECT MATTER AREAS. ARTS+MEDIA:VALOR'S ARTS+MEDIA DEPARTMENT IS PASSIONATE ABOUT RECLAIMING THE ARTS FOR CHRIST AND EQUIPPING STUDENTS WITH THE KNOWLEDGE AND INSPIRATION REQUIRED TO EXPRESS THE CHRISTIAN HEART IN A RELEVANT, ARTISTIC AND AUTHENTIC MANNER. THE FACULTY IS ACTIVELY DOING, AS WELL AS TEACHING, THEIR RESPECTIVE DISCIPLINES, AND IS ABLE, THEREFORE, TO COMBINE THEORY WITH PROFESSIONAL VIABILITY, KNOWLEDGE WITH INSPIRATION. THE EIGHT CORE AREAS IN THE ARTS+MEDIA DEPARTMENT INCLUDE RECORDING, DANCE, DESIGN, FILM, MUSIC, PHOTOGRAPHY, STUDIO ARTS AND THEATRE. APPROXIMATELY 83% OF STUDENTS ARE INVOLVED IN ARTS+MEDIA. THE VALOR CONSERVATORY FOR THE ARTS IS AN ENDORSEMENT PROGRAM THAT COMBINES INDIVIDUALIZED, EXCEPTIONAL ARTS TRAINING WITH CHRIST-CENTERED MENTORSHIP, OFFERING STUDENTS COMPETITIVE ADVANTAGES FOR COLLEGE, CAREER AND LIFE PURSUITS. EIGHTEEN CUSTOMIZED COURSE MAJORS ALLOW STUDENTS TO GO DEEP IN THEIR AREAS OF PASSION, OFFERING CHOREOGRAPHED EXPERIENCES AND PRIVATE LESSONS TO HELP STUDENTS GROW AND CREATE AT AN ADVANCED LEVEL. OVER 125 STUDENTS WERE ENROLLED IN THE CONSERVATORY EXPERIENCE AND THE PROGRAM CONTINUES TO GROW IN POPULARITY AND DEPTH OF ARTISTIC TALENT. ATHLETICS:VALOR ATHLETICS FOCUSES ON FOUR CORE VALUES: STRENGTHENING ATHLETES' FAITH IN JESUS CHRIST; DEVELOPING EXCELLENCE IN CHRISTIAN CHARACTER BASED ON THE LIFE AND TEACHINGS OF JESUS CHRIST; INSTILLING GREAT WORK HABITS; AND TEACHING, STRESSING, AND MONITORING THE PRIMACY OF ACADEMICS. SPECIFIC STUDENT-ATHLETE OUTCOMES INCLUDE EXCEPTIONAL EXPERIENCES, MENTORING RELATIONSHIPS, GROWING IN FAITH, COMPETITIVE EXCELLENCE AND EACH SPORT SERVING AS A MARQUEE ATTRACTION. ATHLETIC OFFERINGS COVER 24 CHSAA SANCTIONED SPORTS WITH OVER 75% STUDENT INVOLVEMENT. IN 2019-20, 44 SENIOR ATHLETES, REPRESENTING 14 DIFFERENT SPORTS, COMMITTED TO CONTINUE THEIR ATHLETIC CAREERS IN COLLEGE AND RECEIVED OVER $850,000 IN ATHLETIC ONLY SCHOLARSHIPS OR SELECTIVE ADMISSION. 22 OUT OF THE 44 SENIOR ATHLETES WILL BE PLAYING AT DIVISION I SCHOOLS. SINCE INCEPTION, VALOR HAS WON 33 TEAM COLORADO STATE CHAMPIONSHIPS AND 98 TEAM LEAGUE CHAMPIONSHIPS. IN ADDITION, 26 STUDENT-ATHLETES HAVE BEEN RECOGNIZED AS COLORADO PLAYERS OF THE YEAR AND 11 AS GATORADE PLAYERS OF THE YEAR. SINCE INCEPTION, 423 STUDENT ATHLETES HAVE COMMITTED TO PLAY COLLEGE, 213 IN DIVISION I PROGRAMS, AND HAVE BEEN AWARDED OVER $6,000,000 IN FIRST YEAR ATHLETIC ONLY SCHOLARSHIPS. OTHER DISTINCTIVES OF VALOR'S ATHLETIC PROGRAM INCLUDE TEAM RETREATS, OUT OF STATE COMPETITIONS, SERVICE PROJECTS, PERFORMANCE TRAINING, SPORTS MEDICINE, A COLLEGE RECRUITING AND COUNSELING ADVISOR AS WELL AS CHAPLAINS FOR EACH TEAM. SERVICE:THROUGH THE DISCOVERY PROGRAM, STUDENTS GAIN A NEW UNDERSTANDING OF GOD AS THEY EXPERIENCE DIVERSE CULTURES, APPLY LESSONS FROM THE CLASSROOM AND COME ALONGSIDE FAMILIES MARGINALIZED BY POVERTY. VALOR STUDENTS HAVE LEARNED TO LOVE AND TO SERVE PEOPLE THROUGHOUT THE WORLD AS THEY BRING GLORY TO GOD. THROUGH DISCOVERY'S BROAD SPECTRUM OF INTERCULTURAL EXPERIENCES, STUDENTS INTEGRATE THEIR FAITH AS THEY GROW SPIRITUALLY, EMOTIONALLY, SOCIALLY, IN LEADERSHIP AND CHARACTER. DISCOVERY HELPS CREATE A STRUCTURE AND AN EXPERIENCE, WHICH SEEKS TO BREAK DOWN CULTURAL, RACIAL, ECONOMIC, ETHNIC AND RELIGIOUS BARRIERS. STUDENTS LEARN TO LOVE ALL PEOPLE AND BECOME LEADERS TRANSFORMING THE WORLD FOR CHRIST. THEY ARE TRANSFORMED AS THEY ARE EMPOWERED TO DISCOVER AND DEVELOP THEIR UNIQUE GIFTS AND ABILITIES AS THEY COMPASSIONATELY SERVE THE LESS FORTUNATE, ENGAGE IN CONTRASTING WORLDVIEWS, CULTURAL PRACTICES AND BELIEF SYSTEMS, WITH THE REDEMPTIVE POWER OF THE GOSPEL, FOR THE GLORY OF GOD. AS A RESULT OF THE COVID-19 PANDEMIC, NO DISCOVERY EXPERIENCES WERE COMPLETED DURING THE 2019-20 SCHOOL YEAR. VALOR STUDENTS ARE REQUIRED TO ENGAGE IN 100 HOURS OF SERVICE DURING THEIR FOUR YEARS AT VALOR BUT THE ULTIMATE DESIRE IS FOR THEM TO LEARN TO LOVE SERVICE. SINCE INCEPTION, OVER 266,688 HOURS OF SERVICE HAVE BEEN OFFERED BY VALOR STUDENTS IN THEIR OWN COMMUNITIES AND ABROAD. DURING THE 2019-20 SCHOOL YEAR ALONE, OVER 32,623 SERVICE HOURS WERE RECORDED. 25333930 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 69 0 1 462 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 1 0 1 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 X JODI FRESQUEZ 3034713000 3775 GRACE BLVD HIGHLANDS RANCH CO 80126 SCOTT POMEROY CHAIR 1.00 X X 0 0 0 SCOTT LOWERY VICE-CHAIR 1.00 X X 0 0 0 SHARNA COORS BOARD DIRECTOR 1.00 X X 0 0 0 JAMES JAMISON BOARD DIRECTOR 1.00 X 0 0 0 KELLY KENNEDY BOARD DIRECTOR 1.00 X 0 0 0 KYLEE LOURIE BOARD DIRECTOR 1.00 X 0 0 0 SHAWN MCLAUGHLIN BOARD DIRECTOR 1.00 X 0 0 0 KEVIN MCVANEY BOARD DIRECTOR 1.00 X 0 0 0 LEIGH ANN NICAS BOARD DIRECTOR 1.00 X 0 0 0 BRYAN RITZ BOARD DIRECTOR 1.00 X 0 0 0 KURT UNRUH HEAD OF SCHOOL/CEO 40.00 X 481462 0 33519 JODY GOFF DIRECTOR OF FINANCE & OPS/ 40.00 X 159671 0 13944 GARY FISHER ASST. HEAD OF SCHOOL 40.00 X 163406 0 22371 ARIE RINGNALDA DIRECTOR OF ARTS & MEDIA 40.00 X 114742 0 25658 REBECCA THOMAS ACADEMIC DEAN 40.00 X 102209 0 7105 1021490 0 102597 5 0 1 0 SAUNDERS CONSTRUCTION INC 86 INVERNESS PL N ENGLEWOOD CO 80112 CONSTRUCTION 593715 COMPASS GROUP USA PO BOX 417632 BOSTON MA 02241 FOOD SERVICES 466933 PIKE ENTERPRISES 80 CAMINO DEL RIO STE 3 GUNNISON CO 81230 CUSTODIAL SERVICES 281258 3 3937209 3937209 TUITION REVENUE 611600 23860868 23860868 AUXILIARY REVENUE 611710 2751073 2751073 26611941 92771 92771 8682 4523 4159 4159 4159 250 0 250 250 250 70292 8331 61961 61961 144852 120290 24562 24562 30732853 26611941 0 183703 2241036 2241036 684753 423700 261053 12831072 10985554 1794470 51048 520280 435832 79758 4690 1991029 1651033 305238 34758 986478 804614 160226 21638 17702 17702 38299 38299 263987 210988 9439 43560 76871 49993 22867 4011 84281 46038 32631 5612 636344 591800 44544 1370782 1154255 216527 9496 9496 18928 12708 3550 2670 7186 7186 3382157 3145406 236751 216697 201528 15169 CURRICULAR ACTIVITIES 2325881 2280540 45341 AUXILIARY SERVICES 1030032 1030032 MISSIONS/OUTREACH 363738 349230 14508 PROF. DEVELOPMENT 123348 81780 40131 1437 321729 61563 235943 24223 29542106 25333930 3693627 514549 4832059 2186121 6745738 14609162 155459 114904 110737 157807 220713 120954 113936696 34926975 81361970 79009721 184650 184650 93611326 96383319 1560973 1487431 9619491 8069679 0 3178300 11180464 12735410 X 81216424 80912641 1214438 2735268 82430862 83647909 93611326 96383319 1190747 26300 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2200421 5000 33152 2238573 2200000 421 2200421 0.90790 0.09210 0 0 8859915 8859915 94664084 28244304 66419780 2985893 6565573 -3579680 7406417 117098 7289319 20387 20387 79009721 PAYCHECK PROTECTION PROGRAM 3178300 3178300 28651261 26300 133144 159444 28491817 2241036 2241036 30732853 27434214 133144 133144 27301070 2241036 2241036 29542106 PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 8,331. SCHOOL STORE COGS 120,290. RENTAL EXPENSE 4,523. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 2,241,036. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 8,331. SCHOOL STORE COGS 120,290. RENTAL EXPENSE 4,523. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 2,241,036. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 AN ADVERTISEMENT DECLARING OUR RACIALLY NONDISCRIMINATORY POLICY IS PLACED ON OUR WEBSITE. TASTE OF DISCOVERY 70292 0 70292 5464 2867 1 70292 70292 5464 2867 8331 61961 1 TUITION ASSISTANCE 247 2241036 PART I, LINE 2: TUITION ASSISTANCE AWARDS ARE PROCESSED WITH THE USE OF A THIRD-PARTY VERIFIER TO DETERMINE FINANCIAL NEED. A COMMITTEE OF INDIVIDUALS, ASSIGNED BY THE BOARD OF EDUCATION, DETERMINES ALL AWARDS BASED ON FINANCIAL NEED. THE STUDENTS THAT RECEIVE TUITION ASSISTANCE DO NOT RECEIVE ACTUAL FUNDS FROM THE ORGANIZATION. INSTEAD, THE TUITION ASSISTANCE IS APPLIED AS A DECREASE TO THE RECIPIENT'S TUITION FEES AND HENCE THE ORGANIZATION IS ABLE TO ENSURE THAT THE ASSISTANCE IS USED FOR ITS INTENDED PURPOSE. X X X X 0 0 0 0 0 0 0 0 0 KURT UNRUH HEAD OF SCHOOL/CEO 335048 0 110154 0 36260 0 14000 0 19519 0 514981 0 0 0 JODY GOFF DIRECTOR OF FINANCE & OPS/ 129671 0 30000 0 0 0 0 0 13944 0 173615 0 0 0 GARY FISHER ASST. HEAD OF SCHOOL 155906 0 7500 0 0 0 8427 0 13944 0 185777 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 KYLEE LOURIE AND KEVIN MCVANEY HAVE A FAMILY RELATIONSHIP (BROTHER/SISTER). FORM 990, PART VI, SECTION A, LINE 4 IN ITS BYLAWS, THE ORGANIZATION IMPLEMENTED A CLASS OF VOTING MEMBERS, WHICH CONSISTS OF EIGHT INDIVIDUALS. SEE THE SCHEDULE O NARRATIVE FOR PART VI, LINE 7B FOR A DESCRIPTION OF THE RIGHTS AND AUTHORITY OF THE VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE CLASS OF VOTING MEMBERS, WHICH CONSISTS OF EIGHT INDIVIDUALS. FORM 990, PART VI, SECTION A, LINE 7A THE VOTING MEMBERS HAVE THE AUTHORITY TO APPOINT OR REMOVE ANY DIRECTOR OF THE GOVERNING BODY, THE CHAIR OF THE BOARD, OR THE PRESIDENT (UPON RECOMMENDATION OF THE BOARD OF DIRECTORS). FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING ACTIONS REQUIRE APPROVAL OF THE VOTING MEMBERS: 1. APPOINTING OR REMOVING ANY DIRECTOR. 2. APPOINTING OR REMOVING THE CHAIR OF THE BOARD. 3. APPOINTING OR REMOVING THE PRESIDENT UPON THE RECOMMENDATION OF THE BOARD OF DIRECTORS. 4. AMENDING THE CORPORATION'S ARTICLES OF INCORPORATION AND BYLAWS. 5. APPROVE AMENDMENTS TO THE VALOR CHRISTIAN VISION, MISSION AND MOTTO, THE VALOR CHRISTIAN STATEMENT OF BELIEFS, AND THE VALOR CHRISTIAN COMMUNITY POLICY, UPON THE RECOMMENDATION BY THE BOARD OF DIRECTORS. 6. EXECUTING ANY INSTRUMENT OF DEBT OR COLLATERALIZATION. 7. ENTERING INTO CONSTRUCTION CONTRACT IN EXCESS OF $5,000,000. 8. BUYING OR SELLING REAL PROPERTY. FORM 990, PART VI, SECTION B, LINE 11B ALL BOARD MEMBERS RECEIVE A COPY OF THE FORM 990, WITH THE EXCEPTION OF THE SCHEDULE OF CONTRIBUTORS, TO REVIEW IN ADVANCE AND BEFORE THE FORM 990 IS FILED. THE TAX RETURN PREPARER PRESENTS THE FORM 990 TO THE AUDIT COMMITTEE FOR A DETAILED REVIEW. THE ORGANIZATION MAINTAINS A HIGHLY CONFIDENTIAL POSTURE IN REGARDS TO ITS SCHEDULE OF CONTRIBUTORS. AS A SCHOOL, THE DYNAMICS BETWEEN DONORS, PARENTS, FACULTY AND STAFF CAN BE CONCERNING WHEN KNOWLEDGE OF DONOR GIVING IS PRESENT. WE HAVE DETERMINED IT IS IN THE BEST INTEREST OF THE ORGANIZATION TO MAINTAIN A CONFIDENTIAL POSTURE TOWARDS DISCLOSURE OF CONTRIBUTORS. THE SCHEDULE OF CONTRIBUTORS IS PREPARED BY THE ORGANIZATION'S FINANCE MANAGER AND IS REVIEWED BY THE CFO, CEO, BOARD CHAIR AND TAX RETURN PREPARER ONLY. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, EACH BOARD MEMBER SIGNS A COPY OF THE CONFLICT OF INTEREST POLICY AFFIRMING THAT HE HAS RECEIVED THE CONFLICT OF INTEREST POLICY AND HAS DISCLOSED WHETHER ANY CONFLICTS OF INTEREST EXIST. IT IS THE DUTY OF EACH BOARD MEMBER TO DISCLOSE WHETHER ANY CONFLICTS OF INTEREST EXIST WHEN THE BOARD IS CONSIDERING A PROPOSED TRANSACTION OR ARRANGEMENT. IF ANY CONFLICTS OF INTEREST EXIST, THE BOARD MEMBER RECUSES HIMSELF FROM THE MEETING. THE REMAINING BOARD MEMBERS DISCUSS THE PROPOSED TRANSACTION OR ARRANGEMENT AND VOTE WHETHER IT IS IN THE BEST INTEREST OF THE ORGANIZATION TO CONTINUE WITH THE PROPOSED TRANSACTION OR ARRANGEMENT THAT GAVE RISE TO THE CONFLICT OF INTEREST OR WHETHER IT SHOULD PURSUE A SIMILAR TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS DETERMINED FOR THE CEO BY THE GOVERNANCE COMMITTEE OF THE BOARD OF EDUCATION. THE GOVERNANCE COMMITTEE IS RESPONSIBLE FOR OVERSEEING AND REVIEWING THE COMPENSATION FOR THE CEO USING COMPARATIVE DATA FROM SIMILARLY SITUATED PRIVATE INDEPENDENT SCHOOLS BASED ON SIZE AND COMPLEXITY ON A NATIONAL BASIS. APPROPRIATE DOCUMENTATION OF THE COMPENSATION PROCESS IS MAINTAINED FOR THE CEO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C THE OVERSIGHT PROCESS OR SELECTION PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR DURING THE CURRENT TAX YEAR.