2019-02-07T11:34:45-06:00 2018-07-31 741130599 PATTILLO BROWN & HILL LLP P O BOX 20725 WACO TX 767020725 990 2017-08-01 741815978 VANGUARD COLLEGE PREPARATORY SCHOOL VANG 2547728111 2517 MOUNT CARMEL WACO TX 76710 BILL BORG HEAD OF SCHOOL 2547728111 2019-01-23 1 SHARON M HERWALD CPA P00079864 2547724901 24.155.125.28 2019-01-23 14:44:52 CS P 62807F9224A651F441EE1DF144502AE49AE0AF0B 62807F9224A651F441EE1DF144502AE49AE0AF0B 2017 2019-02-21 02:37:17Z BILL BORG 2517 MOUNT CARMEL WACO TX 76710 3676932 0 X WWW.VANGUARD.ORG X 1973 TX VANGUARD COLLEGE PREPARATORY SCHOOL IS A NON-PAROCHIAL, INDEPENDENT SCHOOL THAT PREPARES STUDENTS FOR ACADEMIC SUCCESS AND FULFULLING LIVES. THE FOUNDATION OF THE VANGUARD EXPERIENCE IS BASED ON THE CORE VALUES OF RIGOR, RESPONSIBILITY, AND RESPECT. THE COMMUNITY OF VANGUARD STUDENTS, FACULTY, ADMINISTRATORS, AND PARENTS IS COMMITTED TO A PERSONALIZED LEARNING EXPERIENCE THAT PREPARES EACH STUDENT TO EXCEL AT THE COLLEGIATE LEVEL. 13 13 41 85 0 0 115511 139151 3162195 3248814 929 1163 262735 255616 3541370 3644744 722375 847285 0 0 1608134 1705948 0 0 1507 1261745 1215475 3592254 3768708 -50884 -123964 4416657 3969555 2858009 2528692 1558648 1440863 X VANGUARD COLLEGE PREPARATORY SCHOOL IS A NON-PAROCHIAL, INDEPENDENT SCHOOL THAT PREPARES STUDENTS FOR ACADEMIC SUCCESS AND FULFULLING LIVES. THE FOUNDATION OF THE VANGUARD EXPERIENCE IS BASED ON THE CORE VALUES OF RIGOR, RESPONSIBILITY, AND RESPECT. THE COMMUNITY OF VANGUARD STUDENTS, FACULTY, ADMINISTRATORS, AND PARENTS IS COMMITTED TO A PERSONALIZED LEARNING EXPERIENCE THAT PREPARES EACH STUDENT TO EXCEL AT THE COLLEGIATE LEVEL. 0 0 3267269 847285 3407027 OPERATION OF COLLEGE PREPATORY SCHOOL FOR GRADES 7 THROUGH 12. DURING THE 2017-2018 SCHOOL YEAR, VANGUARD PROVIDED EDUCATIONAL SERVICES TO 198 STUDENTS. 3267269 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 40 0 1 41 1 0 0 0 0 0 1 1 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 X BILL BORG 2547728111 2517 MOUNT CARMEL WACO TX 76710 LISA ALCORN CHAIR 2.00 X X 0 0 0 MINER MIKE RAYMOND VICE CHAIR 2.00 X X 0 0 0 NASHIM HAMILTON SECRETARY 2.00 X X 0 0 0 SHANNA MATTSON TREASURER 2.00 X X 0 0 0 RICK COFER BOARD TRUSTEE 2.00 X 0 0 0 MOSIE HOLLEY BOARD TRUSTEE 2.00 X 0 0 0 CHRISTY HOLZE BOARD TRUSTEE 2.00 X 0 0 0 GORDON HARRIMAN BOARD TRUSTEE 2.00 X 0 0 0 BRIE KEEPERS BOARD TRUSTEE 2.00 X 0 0 0 KARINA LOYA BOARD TRUSTEE 2.00 X 0 0 0 DAN MACLEMORE BOARD TRUSTEE 2.00 X 0 0 0 LEWIS SNELL BOARD TRUSTEE 2.00 X 0 0 0 SCOTT STEINBACH BOARD TRUSTEE 2.00 X 0 0 0 JOE WADE BOARD TRUSTEE 2.00 X 0 0 0 BILL BORG HEAD OF SCHOOL 40.00 X 122867 0 9353 REBECCA HERRON FINANCIAL ADMINISTRATOR 40.00 X 30733 0 4565 FLIP ALEXANDER SR. OFFICE ADMINISTRATOR 40.00 X 51725 0 1034 CHELSEA RESSETAR DIRECTOR OF MARKETING 40.00 X 64125 0 1283 269450 0 16235 1 0 0 0 0 139151 139151 TUITION AND FEES 611710 3247164 3247164 NEW STUDENT FEES 611710 1650 1650 3248814 1163 1163 125430 30511 94919 94919 4161 1677 2484 2484 LUNCH REVENUE 900099 88845 88845 REIMBURSEMENTS 900099 21614 21614 ATHLETIC & EXTRACURRIC 900099 20673 20673 27081 27081 158213 3644744 3407027 0 98566 847285 847285 302825 127497 175328 1211745 1085936 125809 17484 16232 1252 66408 56686 9722 107486 86466 21020 9710 9710 17556 17556 34100 23330 10770 71491 30986 38998 1507 42000 42000 194636 168807 25829 4105 4105 13638 11828 1810 71660 62150 9510 195071 169184 25887 43377 37409 5968 CLASSROOM SUPPLIES 407993 407993 MISCELLANEOUS 65339 59967 5372 BAD DEBT EXPENSE 28733 28733 CLASS EVENT EXPENSE 15239 15239 827 718 109 3768708 3267269 499932 1507 320786 351216 101533 108279 437378 71789 7047070 3639035 3555828 3408035 1132 30236 4416657 3969555 74439 50847 918380 712178 1782606 1700956 70000 60000 12584 4711 2858009 2528692 X 1557650 1437394 998 3469 1558648 1440863 4416657 3969555 -123964 6303 -124 0 X X 0 1 X 1 0 X 59491 59491 5906110 2713993 3192117 1081469 925042 156427 3408035 DUE TO STUDENT ACTIVITIES 4711 4711 X 3642823 6303 32188 38491 3604332 40412 40412 3644744 3760608 32188 32188 3728420 -124 40412 40288 3768708 PART X, LINE 2: THE SCHOOL IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. FURTHER, THE SERVICE HAS RULED IT IS NOT A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. FOR THE YEAR ENDED JULY 31, 2018 AND 2017, THE SCHOOL HAS DETERMINED THAT NO INCOME TAXES ARE DUE FOR ITS ACTIVITIES. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN MADE. MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITION AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. THE SCHOOL'S TAX RETURNS ARE GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE THREE YEARS AFTER FILING. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUND RAISING EXPENSES OFFSET AGAINST INCOME ON 990 32,188. PART XI, LINE 4B - OTHER ADJUSTMENTS: VIKING CREW EXPENSES OFFSET AGAINST REVENUE IN AUDIT 22,217. VIKING CREW ELIMINATION ENTRY IN AUDIT 18,195. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUND RAISING EXPENSE OFFSET AGAINST INCOME ON 990 32,188. PART XII, LINE 4B - OTHER ADJUSTMENTS: VIKING CREW EXPENSE OFFSET AGAINST REVENUE IN AUDIT 22,217. VIKING CREW ELIMINATION ENTRY IN AUDIT 18,195. 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ALL INFORMATIONAL MATERIAL INCLUDES A STATEMENT OF THE SCHOOL'S NONDISCRIMINATION POLICY. SCHEDULE E, PART I, LINE 4 VANGUARD DOES NOT COLLECT AND RETAIN INFORMATION ON THE RACIAL COMPOSITION OF ITS STUDENT BODY, FACULTY OR ADMINSTRATIVE STAFF. THIS QUESTION IS NOT ASKED ON ANY OF ITS EMPLOYMENT OR ENROLLMENT APPLICATIONS. BURGERS & AUCTION 70246 70246 172 5050 3416 GOLF TOURNAMENT 40416 40416 275 7015 2012 2783 2 14768 14768 9788 125430 125430 275 7187 16850 6199 30511 94919 4161 750 348 579 0 1.00000 4161 750 348 579 1677 2484 TX 1 0 0 0 1.00000 BRIE KEEPERS 3007 MOUNT CARMEL DRIVE WACO TX 76710 0 CHELSEA RESSETAR ORGANIZED THE FUND RAISING EVENT. X 1 3063 1 TUITION ASSISTANCE 120 787485 LOUIS BRIGHT SCHOLARSHIP 4 59800 BILL BORG HEAD OF SCHOOL 24900 TUITION ASSISTANCE WAIVER OF TUITION FOR CHILDREN TO ATTEND SCHOOL REBECCA HERRON FINANCIAL ADMINISTRATOR 11960 TUITION ASSISTANCE 20% TUITION REDUCTION FOR CHILDREN TO ATTEND SCHOOL GRANTED TO ALL EMPLOYEE LISA ALCORN BOARD CHAIR 9150 DEBT WRITE OFF BANKRUPTCY REBECCA HERRON FINANCIAL ADMINISTRATOR 34644 HUSBAND IS ALSO EMPLOYED BY THE ORGANIZATION AND RECEIVED SALARY AND EMPLOYER PAID HEALTH BENEFITS TOTALING $34,644 FOR THE FYE 6/30/2018.THE COUPLE ARE ALSO OWNERS OF A CONSTRUCTION BUSINESS THAT HAS BEEN UTILIZED BY THE ORGANIZATION; HOWEVER, PAYMENTS TO THAT ENTITY HAVE NOT MET REPORTABLE THRESHOLDS. 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY HEAD OF SCHOOL AND BUSINESS OFFICER PRIOR TO SIGNING AND FILING. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS OF THE ORGANIZATION VOTE ON A GLOBAL INCREASE. THE HEAD OF SCHOOL DETERMINES COMPENSATION FOR ALL EMPLOYEES AND THE BOARD OF DIRECTORS DETERMINES THE SALARY OF THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 2C PROCESSES HAVE NOT CHANGED FROM PRIOR YEAR