2019-05-22T13:37:02-05:00 2018-06-30 450250958 EIDE BAILLY LLP 621 N ROBINSON AVE STE 200 OKLAHOMA CITY OK 731026232 990 2017-07-01 202054693 KEYSTONE ADVENTURE SCHOOL & FARM INC KEYS 4052165400 19201 N WESTERN OKLAHOMA CITY OK 73012 Jennifer Dunning President 4052165400 2019-05-21 1 William D Matteson P01262634 4055942000 2019-05-21 98.173.248.226 2019-05-21 15:55:32 CD P B602D594AFD2B0B327E07A06F36CA6A7E42546D0 E10085862974BF89EE8F231EB831862A8F193D10 2017 2019-02-21 02:37:17Z Jennifer Dunning 19201 N WESTERN OKLAHOMA CITY OK 73003 974769 0 X KEYSTONEADVENTURESCHOOL.COM X 2005 OK The school provides childhood education by way of an all-day school working ranch/farm, after-school programs, summer programs & weekend programs which values the inherent curiosity of each child, nurtures compassion and allows each child to embrace his/her intellectual creative & social potential. 7 4 17 25 0 0 154448 187506 775555 716180 0 0 65353 30077 995356 933763 82110 88839 0 0 614226 583328 0 0 0 293764 337023 990100 1009190 5256 -75427 268095 285650 73968 166950 194127 118700 Keystone Adventure School and Farm recognizes and values the inherent curiosity of each child, nurtures compassion, inspires the love of learning and allows children the time and experiences necessary to embrace their intellectual, creative and social selves. 0 0 956993 88839 716180 The school provides childhood education by way of an all-day school, working ranch/farm, after-school programs, summer programs & weekend programs which values the inherent curiosity of each child, nurtures compassion and allows each child to embrace his/her intellectual, creative & social potential. 956993 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 6 0 1 17 1 0 0 0 0 0 0 0 0 0 0 X 7 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 OK X LaHonda Lerma 4052468510 19201 N Western Oklahoma City OK 73012 X Jennifer Dunning President/Board Member 40.00 X X 41506 0 0 John Duhon Secretary/Board Member 50.00 X X 74113 0 3706 Richard Dunning Board Member 1.00 X 0 0 0 Steve McDonald Board Member 1.00 X 0 0 0 Bliss Morris Board Member 1.00 X 0 0 0 Armand Paliotta Board Member 1.00 X 0 0 0 Cathy Perri Board Member 1.00 X 0 0 0 LaHonda Lerma Treasurer 30.00 X 27848 0 0 143467 0 3706 0 0 0 0 0 25250 162256 50873 187506 Tuition 611600 656987 656987 Enrollment 611600 30300 30300 28893 28893 716180 62883 25250 35206 27677 27677 8200 5800 2400 2400 933763 716180 0 30077 88839 88839 147401 120499 26902 354148 354148 13031 13031 30275 30275 38473 36409 2064 3025 3025 2680 930 1750 8421 8421 32717 15743 16974 3634 3634 197816 197816 1482 1482 5085 5085 14094 14094 Auto Expense 20562 20562 Teaching Supplies 14733 14733 Bad Debt 8416 8416 24358 24358 1009190 956993 52197 0 159513 167653 65500 80000 187141 149144 43082 37997 268095 285650 30326 131881 43642 35069 73968 166950 X 0 0 0 0 194127 118700 194127 118700 268095 285650 -75427 0 X 0 0 0 X 91575 55856 35719 95566 93288 2278 37997 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 school's brochure and website clearly state its nondiscriminatory policy. Wild Rumpus 2017 67137 23150 43987 11193 800 16906 Spring Auction 2018 20996 2100 18896 3349 2100 88133 25250 62883 11193 3349 800 19006 34348 28535 1 Scholarship 15 88839 Part I, Line 2: Scholarships are awarded to individuals and treated as a reduction to tuition due. Amounts awarded are tracked and documented. Keystone Holdings LLC Richard and Jennifer Dunning, board members, have 60% ownership, 120000 The Dunnings own Keystone Holdings LLC through their interest in Dunning Family LP. Keystone Holdings LLC rents the school and farm to Keystone Adventure School. 0 Schedule L - Supplementary Information: Subsequent to the end of the 2018 fiscal year, the organization identified certain expenses that should have been taxable compensation for Jennifer Dunning, President. The Organization amended the necessary Form W-2s and related federal and state payroll tax filings for tax years 2017 and 2018. Compensation reported on Form 990, Part VII reflects any amounts shown on the amended W-2. Compensation reported in Form 990, Part IX reflects any amended fiscal year amounts. In addition, the organization has adopted various policies and procedures to address the circumstances that required the adjustments. X 2 50873 FMV 0 0 0 0 Part I, Column (b): Number of contributions were reported. Form 990, Part VI, Section A, line 1 There are two committees with the authority to act on behalf of the board: compensation committee and scholarship committee. The compensation committee can make changes and decisions on salaries and the scholarship committee can make decisions on the total amount of scholarships that are given to students. Form 990, Part VI, Section A, line 2 Jennifer Dunning and Richard Dunning have a family relationship. Form 990, Part VI, Section B, line 11b A draft copy of Form 990 will be reviewed by the in-house bookkeeper then provided to the organization's governing body for review prior to filing. Form 990, Part VI, Section B, line 12c The policy requires directors to disclose conflicts to the Board. In addition, not less often than annually, each director is required to make written disclosures of any potential or actual conflicts of interest. Finally, there is accountability between board members in that policy requires directors to ask fellow directors to disclose conflicts that haven't been disclosed properly. If a conflict does arise, directors must recuse themselves from any votes on the matter. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request. Form 9990, Part VII An amended W-2 will be filed for Jennifer Dunning to report personal use of auto. Late filed return due to CCH Software outage