2014-05-14T09:48:39-05:00 2013-06-30 204193611 Batts Morrison Wales & Lee PA 801 North Orange Avenue Suite 800 Orlando FL 32801 990 2012-07-01 200724295 Lake Highland Preparatory School Foundation Inc LAKE 4072061900 901 North Highland Avenue Orlando FL 32803 James Bartlett 4072061900 2014-05-08 1 P00428093 4077706000 2014-05-08 2012 2015-11-30 17:44:51Z James Bartlett 901 North Highland Avenue Orlando FL 32803 320580 0 X www.lhps.org X 2003 FL Supporting Organization 6 5 0 6 0 0 105512 294065 0 0 1580 26515 0 0 107092 320580 0 0 0 0 0 0 0 0 0 5498 13250 5498 13250 101594 307330 6888822 6718808 5926707 5449363 962115 1269445 Supporting Organization 0 0 The Organization raises, receives, maintains, and manages funds solely for the use and benefit of Lake Highland Preparatory School, Inc. 1 1 0 0 0 0 0 0 1 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X James Bartlett 4072061900 901 North Highland Avenue Orlando FL 32803 Robert A Bourne 0.10 X X 0 0 0 Charles Allison 0.20 X X 0 0 0 Lisa Sidhu 1.00 X X 0 0 0 G Brock Magruder 0.10 X 0 0 0 Peter Fox 0.10 1.00 X 0 0 0 Michael Stewart 0.10 X 0 0 0 Earl M Crittenden Jr 0.10 X 0 0 0 Michael A Coleman 0.10 X 0 0 0 James Bartlett 0.50 40.00 X 0 196187 32616 0 196187 32616 0 0 1 0 0 294065 294065 26515 26515 320580 0 0 26515 Bad debt expense 13250 13250 13250 0 13250 0 3588164 3026877 46937 61557 3253721 3630374 6888822 6718808 5926707 5449363 5926707 5449363 X 717955 759090 244160 510355 962115 1269445 6888822 6718808 307330 0 X X 0 1 X 1 0 X X 0 0 0 Lk High Prep 590624431 2 1 1 1 500074 1 500074 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 272837 266190 26521 565548 218181 53075 1581 272837 166871 40000 18915 7605 218181 156346 1000 9525 166871 166743 5000 -15397 156346 1.00000 0 0 0 Investments 3630374 F 3630374 X 320580 0 320580 0 320580 13250 0 13250 0 13250 Part IV, Line 2b: The Organization holds funds on behalf of its supported organization, Lake Highland Preparatory School, Inc. These funds are transferred to the School as needed for construction and other purposes. As of 6/30/13, the balance held by the Organization on behalf of the School was $5,449,363 and is reported on line 21 of Part X. Description of Intended Use of Endowment Funds: Part V, Line 4: The endowment funds are held for the benefit of Lake Highland Preparatory School, Inc. and are intended to be used to support the School's Christian ministries, teachers, Edison program (special education), and debate program. Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: The Foundation is exempt from federal income tax as an organization described in Section 501(c)(3) of the Internal Revenue Code and from state income tax pursuant to Florida law. The Foundation is further classified by the Internal Revenue Service as a supporting organization described in Section 509(a)(3) of the Internal Revenue Code and not a private foundation. The Foundation has not incurred unrelated business income taxes. As a result, no income tax provision or liability has been provided for in the accompanying financial statements. The Foundation has not taken any material uncertain tax positions for which the associated tax benefits may not be recognized under accounting principles generally accepted in the United States of America. Federal and state authorities may generally examine the Foundation's income tax positions or (if applicable) returns for periods of approximately three to six years. 0 0 0 0 0 0 0 0 0 James Bartlett 0 196037 0 150 0 0 0 25321 0 7295 0 228803 0 0 Form 990, Part VI, Section B, line 11 The Organization's top management 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. Each such individual provides a disclosure statement indicating that they have received, read, understood and agreed to comply with the policy, and certifying that: (1) they 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. (Since the Organization has no signficant transaction volume, such disclosure statements are generally requested every other year.) Any disclosure statements with previously undisclosed conflicts of interest are forwarded to appropriate Organization officials to take appropriate actions as required by the policy. Form 990, Part VI, Section C, line 19 The Organization provides, upon request, copies of its Articles of Incorporation, bylaws, and its conflict of interest policy. Form 990, Part XI, line 2c: The Organization's Board of Directors, or a committee thereof, assumes responsibility for the oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year. Form 990, Part VI, Section B, lines 15a & 15b: The Organization does not have paid employees and therefore does not have a compensation setting policy. Lake Highland Preparatory School Inc 901 North Highland Avenue Orlando FL 32803 590624431 Educational institution FL 501(c)(3) 170(b)(1) (A)(ii) N/A 0 OS Complex Inc 901 North Highland Avenue Orlando FL 32803 263416614 Supporting organization FL 501(c)(3) 509(a)(3) Type I Lake Highland Preparatory School Inc 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0