2025-02-17T10:56:02-06:00 2024-06-30 946214841 ARMANINO ADVISORY LLC 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2023-07-01 590624431 LAKE HIGHLAND PREPARATORY SCHOOL INC LAKE 4072061900 901 HIGHLAND AVENUE ORLANDO FL 32803 JESSIE MARTINEZ CFO 4072061900 2025-02-10 1 1 MATTHEW PETROSKI P00853132 9257902600 2025-02-10 2023 2025-03-06 01:10:19Z JESSIE MARTINEZ 901 HIGHLAND AVENUE ORLANDO FL 32803 77240172 0 X WWW.LHPS.ORG X 1941 FL INSTILLING CHRISTIAN VALUES, INSPIRING PATRIOTISM, DEVELOPING FUTURE LEADERS & PREPARING STUDENTS 20 20 601 250 0 0 5776659 9306310 55247938 59743971 553391 1444373 475997 861000 62053985 71355654 1419619 1581392 0 0 34572057 36903831 0 0 1761922 19985040 24586351 55976716 63071574 6077269 8284080 144582265 134915620 101954155 84014204 42628110 50901416 X WITHIN AN ATMOSPHERE OF LOVE, CONCERN AND MUTUAL RESPECT, LAKE HIGHLAND PREPARATORY SCHOOL, INC. IS COMMITTED TO INSTILLING CHRISTIAN VALUES, TO INSPIRING PATRIOTISM, TO DEVELOPING FUTURE LEADERS, AND TO PREPARING STUDENTS FOR COLLEGE AND LIFETIME LEARNING THROUGH ACADEMICALLY CHALLENGING PROGRAMS AND AFFIRMING COMPETITIVE EXPERIENCES. 0 0 45162793 1581392 54216392 INSTRUCTIONAL AND STUDENT ACTIVITIES: APPROXIMATELY 2,060 STUDENTS ARE ENROLLED FROM PRE-KINDERGARTEN THROUGH 12TH GRADE. THE SCHOOL-WIDE PUPIL RATIO IS 1 TO 12. THE ORGANIZATION PROMOTES SPIRITUAL, PERSONAL, ATHLETIC, AND SOCIAL DEVELOPMENT IN ADDITION TO MEETING THE ACADEMIC NEEDS OF ITS STUDENTS WITH A PLANNED PROGRAM OF EXCELLENCE FROM PRE-KINDERGARTEN THROUGH 12TH GRADE. THE ORGANIZATION SEEKS TO PROVIDE A COMPREHENSIVE, ENRICHING EDUCATION THAT WILL ENABLE STUDENTS TO CONTINUE THEIR ACADEMIC STUDIES SUCCESSFULLY AT THE COLLEGE LEVEL. THESE GOALS ARE ACHIEVED THROUGH A DIVERSIFIED CURRICULUM, SMALL CLASS SIZE, AND PERSONALIZED INSTRUCTION. 2211457 5527579 AUXILIARY ACTIVITIES: AUXILIARY ACTIVITIES INCLUDE THE ATHLETIC DEPARTMENT, ADMISSIONS TESTING, YEARBOOK PRODUCTION, AFTER SCHOOL AND SUMMER SCHOOL PROGRAMS. THESE ACTIVITIES ENHANCE THE ORGANIZATION'S EXEMPT MISSION OF PROMOTING THE SPIRITUAL, PERSONAL, ATHLETIC AND SOCIAL DEVELOPMENT OF STUDENTS IN ADDITION TO MEETING THEIR ACADEMIC NEEDS. 47374250 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 1 1 1 0 0 1 212 1 1 601 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X JESSIE MARTINEZ 4072061900 901 HIGHLAND AVENUE ORLANDO FL 32803 GREG RAMSBY CHAIRMAN 5.00 0.60 X X 0 0 0 QUINO MARTINEZ VICE-CHAIRMAN 1.00 0.10 X X 0 0 0 DEREK LEWIS TREASURER 2.00 0.10 X X 0 0 0 SARAH OVERMEYER SECRETARY 2.00 0.10 X X 0 0 0 GRANT CORNWELL TRUSTEE 1.50 X 0 0 0 CARRIE DAANEN TRUSTEE 0.50 0.25 X 0 0 0 TASHA GREER-ADEWALE TRUSTEE 0.75 X 0 0 0 GRANT HILL TRUSTEE 0.25 X 0 0 0 ERIC JACKSON TRUSTEE 0.50 X 0 0 0 DAVID LAMM TRUSTEE 1.75 0.10 X 0 0 0 JEANNIE MOORJANI TRUSTEE 1.00 X 0 0 0 BROOKE MYERS TRUSTEE 1.50 X 0 0 0 DENISE NICHOLSON TRUSTEE 0.25 X 0 0 0 LEMAN PORTER TRUSTEE 0.50 0.10 X 0 0 0 SARITA SHAH TRUSTEE 1.50 0.35 X 0 0 0 SCOTT SKIDELSKY TRUSTEE 2.00 X 0 0 0 WALKER STARLING TRUSTEE 1.50 0.10 X 0 0 0 CHARLES TEWS TRUSTEE 0.50 X 0 0 0 JENNIFER THIELHELM TRUSTEE 0.50 X 0 0 0 JR THORSEN TRUSTEE 0.50 X 0 0 0 JAMES A MCINTYRE PRESIDENT 40.00 0.20 X 536425 0 146393 JESSIE J MARTINEZ CHIEF FINANCIAL OFFICER 40.00 0.20 X 196397 0 62158 WILLIAM FIORDALIS ASSOCIATE HEAD OF SCHOOL 40.00 X 216133 0 65539 SUSAN B CLAYTON VICE PRESIDENT OF ADVANCEMENT 40.00 X 209456 0 36499 DEREK P DALY DIRECTOR OF UPPER SCHOOL 40.00 X 163758 0 58941 ALISON L MURPHY DIRECTOR OF MIDDLE SCHOOL 40.00 X 143790 0 57335 DANIEL N SUSSMAN DIRECTOR OF LOWER SCHOOL 40.00 X 123844 0 52045 MICHAEL H CURLEY III AQUATICS PROGRAM COORDINATOR 40.00 X 138555 0 27448 CHARMAINE B SCHREIBER DIRECTOR OF ATHLETICS 40.00 X 136536 0 25780 DOUGLAS W ARMSTRONG JR FACILITIES/PROPERTY MANAGER 40.00 X 123016 0 24416 ALFRED G HARMS JR FORMER PRESIDENT (THRU 06/22) 0.00 X 192500 0 0 2180410 0 556554 23 1 1 0 BALFOUR BEATTY CONSTRUCTION LLC 255 S ORANGE AVE SUITE 1100 ORLANDO FL 32801 CONSTRUCTION 10621064 FLIK INDEPENDENT SCHOOLS LOCKBOX LAC-050196 2706 MEDIA CENTE LOS ANGELES CA 90085 CAFETERIA OPERATIONS 1424843 FCS FACILITY SERVICES 131 S COUNTRY CLUB RD LAKE MARY FL 32746 CLEANING SERVICES 888847 MROZEK SERVICES GROUP LLC 5717 RED BUG LAKE RD 347 WINTER SPRINGS FL 32708 CONSTRUCTION 798952 RICOH USA INC PO BOX 532530 ATLANTA GA 303532530 COPY/MAILROOM SERVICES 563087 21 14160 64899 9227251 329844 9306310 TUITION AND FEES 611710 53156234 53156234 AUXILIARY INCOME 611710 4634345 4634345 STUDENT ACTIVITIES 611710 1060158 1060158 FINANCE CHARGES 525990 582052 582052 AFTERCARE 611710 311182 311182 59743971 1402033 1402033 80478 0 80478 80478 80478 5361194 55886 5362590 12150 -1396 43736 42340 42340 199 14160 199 0 1290101 509579 780522 780522 71355654 59743971 0 2305373 1581392 1581392 1794803 1405981 339927 48895 24313733 19050531 4587428 675774 2018159 1580951 382229 54979 6901355 5406265 1307083 188007 1875781 1487381 349953 38447 408654 408654 118200 72989 43273 1938 1047684 426029 610340 11315 99128 35004 55619 8505 971878 720950 181957 68971 908073 628200 239120 40753 7262102 4705109 2447600 109393 1366403 1205304 142314 18785 1299039 802157 475578 21304 5359832 4198693 1015126 146013 STUDENT ACTIVITIES 4373004 3584387 689449 99168 GENERAL OPERATING EXPEN 1372354 482927 659752 229675 63071574 47374250 13935402 1761922 18243200 23543444 12977495 7851335 3673045 8429637 33004846 11484608 206592 203946 1230921 1183156 121659426 51517088 64851177 70142338 51480 67725 10343509 12009431 144582265 134915620 10922023 11181869 47523401 26121173 42342484 44058068 1166247 2653094 101954155 84014204 X 24909195 38311683 17718915 12589733 42628110 50901416 144582265 134915620 X 8284080 201240 -39538 -172476 X 0 1 X 1 0 X 1911462 7405943 9789608 5776659 9292150 34175822 1911462 7405943 9789608 5776659 9292150 34175822 4602024 29573798 524299 207869 84956 721891 1482511 3021526 209130 133796 280830 20630 14160 658546 1139670 1190443 1189138 1264573 1290101 6073925 43929819 242114640 0.67320 0.67140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11346280 549327 1328525 64899 13159233 9859766 871200 787396 172082 11346280 9189089 320090 553273 202686 9859766 9204948 243942 -102180 157621 9189089 8958764 70833 332691 157341 9204947 0.48610 0.39770 0.11620 0 1 1 4311207 4311207 78398651 28707300 49691351 14261179 13868276 392903 24688389 8941512 15746877 70142338 ASSETS HELD BY LHPSFI 7109847 DUE FROM OS COMPLEX, INC. 2299707 MERTAIN COLLATERAL-OPERATING 65405 OPERATING RIGHT OF ASSET 491887 FINANCING RIGHT OF ASSET 2042585 12009431 FINANCE LEASE LIABILITY 2160583 OPERATING LEASE LIABILITY 492511 2653094 X PART V, LINE 4: THE SCHOOL'S ENDOWMENT FUNDS ARE HELD BY A RELATED ENTITY, LAKE HIGHLAND PREPARATORY SCHOOL FOUNDATION, INC. THE ENDOWMENT FUNDS ARE INTENDED TO BE USED TO SUPPORT THE SCHOOL'S VARIOUS PROGRAMS AND ACTIVITIES, INCLUDING THE SCHOOL'S BIOLOGICAL SCIENCES PROGRAMS, FINANCIAL AID FOR STUDENTS, CHRISTIAN MINISTRIES, TEACHES, EDISON PROGRAM, EDISON PROGRAM (SPECIAL EDUCATION), HUMANITIES PROGRAMS, AND DEBATE PROGRAM. PART X, LINE 2: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2024, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE CONSIDERED NECESSARY. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 IT IS POSTED ON THE ORGANIZATION'S WEBSITE AT: WWW.LHPS.ORG. USED UNIFORM SALE 14359 14160 199 199 14359 14160 199 199 199 0 1 FINANCIAL AID 71 1581392 FMV CREDIT TO STUDENT ACCOUNTS PART I, LINE 2: STUDENT'S TUITION IS DIRECTLY REDUCED BY FINANCIAL AID GRANTED. THE SCHOOL AWARDS AID TO STUDENTS BASED SOLELY ON FINANCIAL NEED. AN OUTSIDE SERVICE REVIEWS THE FINANCIAL AID APPLICATIONS AND PROVIDES THE SCHOOL WITH A DETAILED ANALYSIS INCLUDING A FAMILY'S EXPECTED FINANCIAL CONTRIBUTION TO TUITION. THE SCHOOL'S FINANCIAL AID COMMITTEE REVIEWS THE RECOMMENDATIONS AND COMMUNICATES THE AWARDS. RECORDS ARE MAINTAINED TO DOCUMENT THE AWARDS. X X X X 1 1 X X X X X 1 0 0 0 0 0 0 1 0 JAMES A MCINTYRE PRESIDENT 437500 0 30250 0 68675 0 7828 0 138565 0 682818 0 0 0 WILLIAM FIORDALIS ASSOCIATE HEAD OF SCHOOL 215883 0 250 0 0 0 25434 0 40105 0 281672 0 0 0 JESSIE J MARTINEZ CHIEF FINANCIAL OFFICER 196147 0 250 0 0 0 23378 0 38780 0 258555 0 0 0 SUSAN B CLAYTON VICE PRESIDENT OF ADVANCEMENT 209206 0 250 0 0 0 24344 0 12155 0 245955 0 0 0 DEREK P DALY DIRECTOR OF UPPER SCHOOL 163508 0 250 0 0 0 18199 0 40742 0 222699 0 0 0 ALISON L MURPHY DIRECTOR OF MIDDLE SCHOOL 143540 0 250 0 0 0 14349 0 42986 0 201125 0 0 0 ALFRED G HARMS JR FORMER PRESIDENT (THRU 06/22) 0 0 0 0 192500 0 0 0 0 0 192500 0 0 0 DANIEL N SUSSMAN DIRECTOR OF LOWER SCHOOL 123594 0 250 0 0 0 1805 0 50240 0 175889 0 0 0 MICHAEL H CURLEY III AQUATICS PROGRAM COORDINATOR 136805 0 1750 0 0 0 14032 0 13416 0 166003 0 0 0 CHARMAINE B SCHREIBER DIRECTOR OF ATHLETICS 136286 0 250 0 0 0 13575 0 12205 0 162316 0 0 0 PART I, LINE 1A THE SCHOOL PROVIDES THE PRESIDENT WITH IN CAMPUS HOUSING AS A CONDITION OF HIS EMPLOYMENT, THE VALUE OF WHICH IS EXCLUDABLE FROM HIS TAXABLE WAGES UNDER SECTION 119 OF THE INTERNAL REVENUE CODE. THE SCHOOL PROVIDES TAX INDEMNIFICATION AND GROSS-UP PAYMENTS FOR CERTAIN MEDICAL INSURANCE BENEFITS. THE SCHOOL MAY INFREQUENTLY PROVIDE TRAVEL FOR SPOUSES, WHERE SUCH TRAVEL SERVES A BONA FIDE BUSINESS PURPOSE. THE SCHOOL ALSO PROVIDES LANDSCAPING AND WEEKLY CLEANING SERVICES FOR THE PRESIDENT'S CAMPUS HOUSING. PART I, LINE 4A ALFRED HARMS RECEIVED SEVERANCE PAY OF $192,500 RECEIVED DURING CY 2023. PART I, LINE 7 THE HOLIDAY BONUSES ARE DISCRETIONARY AND ARE PAID TO ALL FULLTIME EMPLOYEES. THE PRESIDENT'S BONUS IS A DISCRETIONARY, PERFORMANCE BASED BONUS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. A ORANGE COUNTY INDUSTRIAL DEVELOPMENT AUTH 591767933 2020-08-03 46550000 REFUND PRIOR ISSUE; CAMPUS IMP 0 0 0 A 1927953 46550000 468852 21571517 22762860 1746771 2023 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 LAURA FIORDALIS SPOUSE OF KEY EMPLOYEE 42959 COMPENSATION -- PURCHASING AND GENERAL OFFICE ASSISTANT 0 KATIE DALY SPOUSE OF KEY EMPLOYEE 76284 COMPENSATION -- LOWER SCHOOL TEACHER 0 X 6 329844 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER REPRESENTS THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL AND TOP FINANCIAL OFFICIAL EACH REVIEW THE FORM 990 PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO EACH MEMBER OF THE ORGANIZATION'S GOVERNING BODY, ITS OFFICERS, AND ITS KEY EMPLOYEES. EACH SUCH INDIVIDUAL PROVIDES A DISCLOSURE STATEMENT INDICATING THAT THEY HAVE RECEIVED, READ, AND UNDERSTOOD AND AGREE TO COMPLY WITH THE POLICY, AND CERTIFYING THAT: (1) THAY HAVE NO RELATIONSHIPS OR INTERESTS THAT PRESENT A CONFLICT OF INTEREST, (2) THEY HAVE ONE OR MORE CONFLICTS OF INTEREST THAT HAVE BEEN FULLY DISCLOSED AS REQUIRED BY THE POLICY AND HAVE BEEN PROPERLY ADMINISTERED IN CONFORMITY WITH THE POLICY, OR (3) THEY HAVE PREVIOUSLY UNDISCLOSED CONFLICTS OF INTEREST AND DISCLOSING THE DETAILS OF SUCH CONFLICTS. ANY DISCLOSURE STATEMENTS WITH PREVIOUSLY UNDISCLOSED CONFLICTS OF INTEREST ARE FORWARDED TO APPROPRIATE ORGANIZATIONS OFFICIALS TO TAKE APPROPRIATE ACTIONS AS REQUIRED BY THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY REVIEWS AND APPROVES THE COMPENSATION LEVELS OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL, OFFICERS AND KEY EMPLOYEES. THE DELIBERATIONS AND DECISIONS OF THE COMMITTEE ARE CONTEMPORANEOUSLY SUBSTANTIATED. THE COMMITTEE UTILIZES COMPARABILITY DATA IN ITS DELIBERATIONS; UPDATED COMPARABILITY DATA IS GENERALLY OBTAINED EVERY YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, AND DINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE CONTRIBUTIONS -172,476. LAKE HIGHLAND PREPARATORY SCHOOL FOUNDATION INC 901 HIGHLAND AVENUE ORLANDO FL 32803 200724295 SUPPORTING ORGANIZATION FL 501(C)(3) 509(A)(3) TYPE I LAKE HIGHLAND PREPARATORY SCHOOL INC 1 OS COMPLEX INC 901 HIGHLAND AVENUE ORLANDO FL 32803 263416614 SUPPORTING ORGANIZATION FL 501(C)(3) 509(A)(3) TYPE II LAKE HIGHLAND PREPARATORY SCHOOL INC 1 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 LAKE HIGHLAND PREPARATORY SCHOOL FOUNDATION INC C 64899 CASH RECEIVED