2014-11-17T12:37:23-06:00 2013-12-31 581763439 WINDHAM BRANNON PC 3630 PEACHTREE RD NE SUITE 600 ATLANTA GA 30326 990 2013-01-01 660652247 GUAM EDUCATION FINANCING FOUNDATION INC GUAM 4045042772 138 ARCHBISHOP FLORES ST PDN BLDG NO 1008 HAGATNA GU 96910 RICHARD B INMAN JR TREASURER 4045042772 2014-11-17 1 CARLYE W DOOLEY P00292964 4048982000 2014-11-10 2013 2015-11-30 17:44:51Z RICHARD B INMAN JR 138 ARCHBISHOP FLORES ST PDN BLDG NO 1008 HAGATNA GU 96910 7272176 0 X N/A X 2004 GU TO CONSTRUCT AND HOLD TITLE TO SCHOOLS FOR GUAM GOVERNMENT. 5 2 0 0 0 0 0 0 7100000 7271135 1120 1041 0 0 7101120 7272176 0 0 0 0 117750 121750 0 0 0 9903611 9042008 10021361 9163758 -2920241 -1891582 75408753 69903458 63496730 59883017 11912023 10020441 X OPERATE BY HOLDING TITLE TO SCHOOLS TO BE CONSTRUCTED FOR THE BENEFIT OF AND LEASED TO THE GOVERNMENT OF GUAM. 1 0 8697556 7100000 DEVELOP AND MAINTAIN LIGUAN ELEMENTARY SCHOOL, ASTUMBO MIDDLE SCHOOL, OKKODO HIGH SCHOOL AND ADACAO ELEMENTARY SCHOOL. 171135 171135 ADMINISTRATIVE SERVICES PROVIDED FOR THE CREATION OF GUAM EDUCATION FINANCING FOUNDATION II, INC. A 501(C)(4) ORGANIZATION THAT WILL OPERATE FOR THE SOCIAL WELFARE OF THE RESIDENTS OF GUAM BY HOLDING TITLE TO SCHOOLS TO BE CONSTRUCTED FOR THE BENEFIT OF AND LEASED TO THE GOVERNMENT OF GUAM. 8868691 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 15 0 1 0 0 0 0 0 0 0 X 5 2 1 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 1 1 0 GU X SHERRY COSTO 4045042773 3060 PEACHTREE ROAD SUITE 1700 ATLANTA GA 30305 X RICHARD B INMAN JR TREASURER 15.00 X X 1000 0 38200 JOHN R HAND PRESIDENT 15.00 X X 1000 0 39800 JAMES R WILSON VICE PRESIDENT 15.00 X X 1000 0 39000 MICAHEL C DOYLE DIRECTOR 1.00 X 0 0 750 PHIL FLORES DIRECTOR 1.00 X 1000 0 0 MICHAEL J ALVAREZ SECRETARY 1.00 X 0 0 0 4000 0 117750 0 0 0 0 GLOBAL FOOD SERVICES PO BOX L HAGATNA GU 96932 MAINTENANCE SERVICES 506334 1 LEASE INCOME 900099 7100000 7100000 ADMINISTRATIVE SERVICE 561000 171135 171135 7271135 1041 1041 7272176 7271135 0 1041 121750 121750 138605 138605 8632 8632 13558 13558 10000 10000 22 22 2687887 2687887 5436523 5436523 193705 193705 MAINTENANCE AND CUSTODI 550576 550576 TRUSTEE FEES 2500 2500 9163758 8868691 295067 0 10800 652 11674304 11830981 161161 162859 86965790 30544367 61938775 56421423 1623713 1487543 75408753 69903458 1530462 1318733 5325000 5325000 56641268 53239284 63496730 59883017 X -591690 -459416 12503713 10479857 11912023 10020441 75408753 69903458 -1891582 0 X 0 1 X 1 0 71058339 20841463 50216876 8584096 2414594 6169502 1072450 1055307 17143 6250905 6233003 17902 56421423 X 7272176 0 7272176 0 7272176 9163758 0 9163758 0 9163758 PART X, LINE 2: THE FOUNDATION IS A TAX EXEMPT ORGANIZATION UNDER SECTION 26203(C) CHAPTER TITLE 11, G.C.A. OF THE BUSINESS PRIVILEGE TAX LAW AND SECTION 501(C)(4) OF THE GUAM TERRITORIAL INCOME TAX LAW. MANAGEMENT OF THE FOUNDATION CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR, INCLUDING CHANGES TO THE FOUNDATION'S STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES THE FOUNDATION MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NO INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THESE FINANCIAL STATEMENTS. THE FOUNDATION'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION. A GUAM PUBLIC SCHOOL SYSTEM - GOVERNMENT OF GUAM 980018947 40064UAP7 2006-10-19 66605445 NEW SCHOOL CONSTRUCTION 0 0 0 B GUAM PUBLIC SCHOOL SYSTEM - GOVERNMENT OF GUAM 980018947 40064UAS1 2008-11-12 7487776 NEW SCHOOL EQUIPMENT AND IMPROVEMENTS 0 0 0 A 16285000 64895000 1968600 62926400 2009 0 0 1 1 B 3300000 7520000 442283 7077717 2009 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 0 B 0 IRON BRIDGE DEVELOPMENT INTERNATIONAL LLC THE ENTITY IS OWNED INDIRECTLY BY OFFICERS/DIRECTORS OF THE ORGANIZATION. 104000 CONSTRUCTION AND DEVELOPMENT SERVICES 0 IRON BRIDGE CAPITAL PARTNERS LLC (IBCP) THE ENTITY IS OWNED BY, RICHARD INMAN & JOHN HAND, TWO OFFICERS OF THE ORG 100000 GUAM EDUCATION FINANCING FOUNDATION PAYS IRON BRIDGE CAPITAL PARTNERS FOR USE OF OFFICE SPACE, OFFICE SUPPLIES, AND ADMINISTRATIVE PERSONNEL. IBCP IS ONLY ALLOWED TO BE PAID FROM AVAILABLE EXCESS FUNDS. IBCP WAS OWED $192,455 AT DECEMBER 31, 2013 FOR SERVICES RENDERED. 0 FORM 990, PART III, LINE 2 ADMINISTRATIVE SERVICES PROVIDED FOR THE CREATION OF GUAM EDUCATION FINANCING FOUNDATION II, INC. A 501(C)(4) ORGANIZATION THAT WILL OPERATE FOR THE SOCIAL WELFARE OF THE RESIDENTS OF GUAM BY HOLDING TITLE TO SCHOOLS TO BE CONSTRUCTED FOR THE BENEFIT OF AND LEASED TO THE GOVERNMENT OF GUAM. FORM 990, PART VI, SECTION A, LINE 2 RICHARD INMAN AND JOHN HAND ARE PARTNERS IN IRON BRIDGE CAPITAL PARTNERS INTERNATIONAL WHICH OWNS 66.66% OF IRON BRIDGE DEVELOPMENT INTERNATIONAL, LLC. THE OTHER 33.33% OF IRON BRIDGE DEVELOPMENT INTERNATIONAL, LLC IS OWNED BY K-12 CAPITAL PARTNERS, LLC WHICH IS OWNED BY JAMES WILSON. RICHARD, JOHN AND JAMES ARE ALL OFFICERS AND DIRECTORS OF GUAM EDUCATION FINANCING FOUNDATION, INC. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS E-MAILED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST. THE BOARD REVIEWS ANY DISCLOSURES AT BOARD MEETINGS TO DETERMINE IF ANY FURTHER ACTION IS REQUIRED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS COMPARED TO OTHER 990S AND BOARD FEES, APPROVED BY THE BOARD OF DIRECTORS, AND DELIBERATION IS DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GUAM EDUCATION FINANCING FOUNDATION, INC WILL MAKE THEIR GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART VII SECTION A CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC: PHIL FLORES 151 ASPINAL AVE. HAGATNA, GUAM 96910 GUAM EDUCATION FINANCING FOUNDATION II INC 3060 PEACHTREE RD NW STE 1700 ATLANTA GA 30305 660759771 TO CONSTRUCT AND HOLD TITLE TO SCHOOLS FOR GUAM GOVERNMENT. GU 501(C)(4) 0 IRON BRIDGE DEVELOPMENT INTERNATIONAL LLC 3060 PEACHTREE ROAD SUITE 1700 ATLANTA GA 30305 204321074 ADMINSTRATION GA N/A IRON BRIDGE CAPITAL PARTNERS LLC 3060 PEACHTREE ROAD SUITE 1700 ATLANTA GA 30305 582652350 REAL ESTATE GA N/A 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 1 0 0 IRON BRIDGE CAPITAL PARTNERS LLC E 192455 LOAN BALANCE IRON BRIDGE DEVELOPMENT INTERNATIONAL LLC M 104000 CONTRACT GUAM EDUCATION FINANCING FOUNDATION II INC Q 171135 ACTUAL EXPENSE