2017-02-23T16:20:55-06:00 2016-06-30 741130599 PATTILLO BROWN & HILL LLP P O BOX 20725 WACO TX 767020725 990 2015-07-01 741815978 VANGUARD COLLEGE PREPARATORY SCHOOL VANG 2547728111 2517 MOUNT CARMEL WACO TX 76710 BILL BORG HEAD OF SCHOOL 2547728111 2017-02-10 1 SHARON M HERWALD CPA P00079864 2547724901 2015 2021-01-29 14:40:06Z BILL BORG 2517 MOUNT CARMEL WACO TX 76710 3807823 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. 15 15 38 0 0 0 47399 112827 3232952 3444625 5838 1024 227293 225870 3513482 3784346 1054740 1098168 0 0 1414051 1510077 0 0 1219 1151367 1155813 3620158 3764058 -106676 20288 4101233 3945491 2352578 2135447 1748655 1810044 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 3292787 1098168 3618421 OPERATION OF COLLEGE PREPATORY SCHOOL FOR GRADES 7 THROUGH 12 3292787 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 0 0 0 0 0 0 0 0 0 0 0 1 33 0 1 38 1 0 0 0 0 0 0 0 0 0 0 X 15 15 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 NASHIM HAMILTON CHAIR 2.00 X X 0 0 0 LISA ALCORN VICE-CHAIR 2.00 X X 0 0 0 ERIN DAVIS SECRETARY 2.00 X X 0 0 0 MOSIE HOLLEY TREASURER 2.00 X X 0 0 0 DAN MACLEMORE BOARD TRUSTEE 2.00 X 0 0 0 SHANNA MATTSON BOARD TRUSTEE 2.00 X 0 0 0 LEWIS SNELL BOARD TRUSTEE 2.00 X 0 0 0 BRIE KEEPERS BOARD TRUSTEE 2.00 X 0 0 0 VALERIE ROBINSON BOARD TRUSTEE 2.00 X 0 0 0 JOHN SAWYER BOARD TRUSTEE 2.00 X 0 0 0 STEVE GREEN BOARD TRUSTEE 2.00 X 0 0 0 GORDON HARRIMON BOARD TRUSTEE 2.00 X 0 0 0 HENRY J TREY BOEHM BOARD TRUSTEE 2.00 X 0 0 0 STOTT STEINBACH BOARD TRUSTEE 2.00 X 0 0 0 GEORGE HARMON BOARD TRUSTEE 2.00 X 0 0 0 BILL BORG HEAD OF SCHOOL 40.00 X 115377 0 12167 REBECCA HERRON BUSINESS OFFICER 40.00 X 24606 0 3737 FLIP ALEXANDER SR. OFFICE ADMINISTRATOR 40.00 X 50500 0 1010 190483 0 16914 1 0 0 0 CWA CONSTRUCTION INC 8801 WOODWAY DR STE D WACO TX 76702 NEW HVAC SYSTEM IN GYMNASIUM 113330 1 112827 112827 TUITION AND FEES 611710 3438525 3438525 NEW STUDENT FEES 611710 6100 6100 3444625 1024 1024 74056 22720 51336 51336 1495 757 738 738 LUNCH REVENUE 900099 72781 72781 ATHLETIC & EXTRACURRIC 900099 43308 43308 REIMBURSEMENTS 900099 27173 27173 30534 30534 173796 3784346 3618421 0 53098 1098168 1098168 230119 133576 96543 1119890 945136 174754 17559 15032 2527 43487 36063 7424 99022 79212 19810 13062 13062 18549 18549 41646 30185 11461 82361 29441 51701 1219 45514 45514 139906 122486 17420 7340 7340 28272 24740 3532 80684 70605 10079 188937 165335 23602 41412 35644 5768 CLASSROOM SUPPLIES 404469 404469 MISCELLANEOUS 28584 23409 5175 BAD DEBT EXPENSE 15741 15741 CLASS EVENT EXPENSE 15010 15010 4326 213 4113 3764058 3292787 470052 1219 217566 54430 105000 91657 63683 101751 6939831 3243573 3713346 3696258 1638 1395 4101233 3945491 52259 65748 168955 77000 1929265 1854269 70000 70000 132099 68430 2352578 2135447 X 1673026 1810044 75629 0 1748655 1810044 4101233 3945491 X 20288 -13596 -120 54817 X X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 59491 59491 5895792 2406199 3489593 984548 837374 147174 3696258 DUE TO STUDENT ACTIVITIES 68430 68430 X 4352808 -13596 609684 596088 3756720 27626 27626 3784346 4251929 515377 515377 3736552 -120 27626 27506 3764058 PART X, LINE 2: VANGUARD COLLEGE PREPARATORY 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 PERIOD ENDED JULY 31, 2016 AND THE YEAR ENDED JUNE 30, 2015, 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 SCHOOLS' TAX RETURNS ARE GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: OFFSET TO RESTRICTED CONTRIBUTIONS SHOWN AS EXPENSE IN AUDIT REPORT 1,056. FUNDRAISING EXPENSES OFFSET AGAINST INCOME ON FORM 990 23,477. VPO FUNDS CONTRIBUTED TO SCHOOL & INCLUDED IN CONTRIBUTIONS IN AUDIT 6,968. VIKING CREW FUNDS CONTRIBUTED TO SCHOOL & INCLUDED IN CONTRIBUTIONS IN AUDIT 61,693. REVENUE FOR THE PERIOD JULY 1 - JULY 31, 2016 INCLUDED IN 13 MONTH AUDIT 516,490. PART XI, LINE 4B - OTHER ADJUSTMENTS: VIKING CREW EXPENSES OFFSET AGAINST INCOME IN AUDIT REPORT 27,626. PART XII, LINE 2D - OTHER ADJUSTMENTS: OFFSET TO RESTRICTED CONTRIBUTIONS SHOWN AS EXPENSE IN AUDIT REPORT 1,056. FUNDRAISING EXPENSES OFFSET AGAINST INCOME ON FORM 990 23,477. VPO FUNDS CONTRIBUTED TO SCHOOL & INCLUDED IN CONTRIBUTIONS IN AUDIT 6,968. VIKING CREW FUNDS CONTRIBUTED TO SCHOOL & INCLUDED IN CONTRIBUTIONS IN AUDIT 61,693. EXPENSES FOR THE PERIOD JULY 1 - JULY 31, 2016 INCLUDED IN 13 MONTH AUDIT 422,183. PART XII, LINE 4B - OTHER ADJUSTMENTS: VIKING CREW EXPENSES OFFSET AGAINST INCOME IN AUDIT REPORT 27,626. 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 AND BINGO / AUCTION 36397 36397 2410 3743 GOLF TOURNAMENT 21394 21394 261 6575 423 3 16265 16265 275 6957 2076 74056 74056 275 261 6575 9367 6242 22720 51336 1495 650 107 1 1.00000 1495 650 107 757 738 TX 1 0 0 0 1.00000 BRIE KEEPERS 3007 MOUNT CARMEL DRIVE WACO TX 76710 0 BRIE KEEPERS ORGANIZED THE FUND RAISING EVENT. X 1 738 1 TUITION ASSISTANCE 137 1098168 GEORGE HARMON BOARD MEMBER 12500 TUITION ASSISTANCE MAKE TUITION AFFORDABLE FOR LOWER INCOME FAMILIES DAN MACLEMORE BOARD MEMBER 2000 TUITION ASSISTANCE MAKE TUITION AFFORDABLE FOR LOWER INCOME FAMILIES FORM 990, PART VI, SECTION B, LINE 11 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 9: RECLASSIFICATION OF VIKING CREW NET LOSS AS OFFSET TO DUE TO VIKING CREW 50,450. RECLASSIFICATION OF VPO NET LOSS AS OFFSET TO DUE TO VPO 4,369. ROUNDING -2. FORM 990, PART XI, LINE 2C PROCESSES HAVE NOT CHANGED FROM PRIOR YEAR