2014-12-16T08:06:25-06:00 2014-06-30 410746749 CLIFTONLARSONALLEN LLP 402 SOUTH KENTUCKY AVENUE SUITE 600 LAKELAND FL 33801 990 2013-07-01 592298398 THE VANGUARD SCHOOL OF LAKE WALES FLORIDA INC VANG 8636766091 22000 HIGHWAY 27 LAKE WALES FL 33859 HAROLD MAREADY PRESIDENT 8636766091 2014-12-09 1 TORI LEHMAN P00313085 8636805600 2014-12-08 2013 2015-11-30 17:44:51Z HAROLD MAREADY 22000 HIGHWAY 27 LAKE WALES FL 33859 5273962 0 X WWW.VANGUARDSCHOOL.ORG X 1983 FL THE MISSION OF THE VANGUARD SCHOOL IS TO PROVIDE AN INDIVIDUALIZED PROGRAM OF INSTRUCTION IN A NURTURING ENVIRONMENT WHICH ENABLES OUR STUDENTS TO DEVELOP TO THEIR FULLEST CAPABILITY. 15 15 84 0 0 0 652454 553560 4733723 4545207 80843 99515 89271 69236 5556291 5267518 529497 598500 0 0 2702000 2756211 0 0 84426 2004056 2000692 5235553 5355403 320738 -87885 11912753 12625034 2995191 2936969 8917562 9688065 THE MISSION OF THE VANGUARD SCHOOL IS TO PROVIDE AN INDIVIDUALIZED PROGRAM OF INSTRUCTION IN A NURTURING ENVIRONMENT WHICH ENABLES OUR STUDENTS TO DEVELOP TO THEIR FULLEST CAPABILITY. 0 0 4214313 598500 4545207 PROVIDED PRIMARY & SECONDARY EDUCATION TO 135 STUDENTS WITH LEARNING DISABILITIES. 4214313 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 84 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 1 1 1 1 1 1 1 1 0 FL X MARIA HEWITT 8636766091 22000 HIGHWAY 27 LAKE WALES FL 33859 LYNN BROCKELMAN TRUSTEE 1.00 X 0 0 0 MARTHA CARTER TRUSTEE 1.00 X 0 0 0 ROYCE GODWIN TRUSTEE 1.00 X 0 0 0 ARNOLD HAYNES TRUSTEE 1.00 X 0 0 0 HOWARD I KAY TRUSTEE 1.00 X 0 0 0 MAX LINTON TRUSTEE 1.00 X 0 0 0 JOANN MCKENNA TRUSTEE 1.00 X 0 0 0 DR ALICE MURRAY TRUSTEE 1.00 X 0 0 0 FREDERICK J MURPHY JR ESQUIRE TRUSTEE 1.00 X 0 0 0 TOM OWEN TRUSTEE 1.00 X 0 0 0 VIOLETA SALUD TRUSTEE 1.00 X 0 0 0 ALICIA L SENTNER CPA TRUSTEE 1.00 X 0 0 0 LYNN B SHELTON TRUSTEE 1.00 X 0 0 0 DALE SIMMONS TRUSTEE 1.00 X 0 0 0 JOHN A STEWART TRUSTEE 1.00 X 0 0 0 CATHY WOOLEY-BROWN PRESIDENT 75.00 X 82500 0 111289 MARIA HEWITT BUSINESS MANAGER/TREASURER 40.00 X 70841 0 5947 153341 0 117236 0 0 1 0 SAGE DINING SERVICES 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 FOOD SERVICE 469000 ESTATE BUILDING SERVICE 333 NW 1ST AVE FORT LAUDERDALE FL 33308 MAINTENANCE 306000 2 7758 250500 295302 553560 TUITION & FEES 611110 4432782 4432782 SUMMER CAMP REVENUE 611110 112425 112425 4545207 95054 95054 15300 0 15300 15300 15300 4461 0 4461 4461 4461 50689 7758 6444 44245 44245 OTHER REVENUE 611110 9691 9691 9691 5267518 4545207 0 168751 598500 598500 330177 246484 73788 9905 1946763 1453300 435061 58402 45681 34102 10208 1371 273493 204168 61120 8205 160097 119516 35778 4803 14500 14500 107307 40958 66349 19719 19719 129367 58860 70507 39978 20251 19727 610628 529919 78969 1740 26039 23435 2604 38141 38141 287242 258518 28724 137899 124109 13790 PROGRAM EXPENSES 485359 485359 OTHER EXPENSES 104513 16834 87679 5355403 4214313 1056664 84426 396849 241379 486820 297288 214966 243245 85853 72140 9211437 4756042 4667482 4455395 6060783 7315587 11912753 12625034 1530781 1849509 414410 355040 1050000 732420 2995191 2936969 X 8688068 9620553 229494 67512 8917562 9688065 11912753 12625034 -87885 858388 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 102792 102792 7910177 3651481 4258696 1198468 1104561 93907 4455395 X 5533850 858388 6444 864832 4669018 598500 598500 5267518 4763347 6444 6444 4756903 598500 598500 5355403 PART X, LINE 2: THE SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT SUBJECT TO FEDERAL AND STATE INCOME TAXES ON EXEMPT INCOME. IN ADDITION, THE SCHOOL QUALIFIES FOR THE CHARITABLE CONDITION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). ALTHOUGH ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(3) PAY NO TAX ON THEIR EXEMPT FUNCTION INCOME, THEY CAN BE LIABLE FOR BUSINESS TAX ON INCOME THEY EARN FROM ACTIVITIES NOT RELATED TO THEIR EXEMPT PURPOSE. FOR THE YEAR ENDED JUNE 30, 2014, MANAGEMENT BELIEVES THE SCHOOL ENGAGED IN NO ACTIVITIES THAT WERE NOT RELATED TO THEIR EXEMPT PURPOSE. THE SCHOOL HAS ADOPTED ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10 AS IT RELATED TO UNCERTAIN TAX POSITIONS. WHEN APPLICABLE, ANY INTEREST AND PENALTIES RECOGNIZED ASSOCIATED WITH A TAX POSITION ARE CLASSIFIED AS CURRENT IN THE SCHOOL'S FINANCIAL STATEMENTS. CURRENTLY, THE 2010 - 2013 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICES. THE SCHOOL IS NOT CURRENTLY UNDER AUDIT, NOR HAS IT BEEN CONTACTED BY THIS JURISDICTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 6,444. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 598,500. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 6,444. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 598,500. 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 ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH THEIR WEBSITE AND BROCHURES. TASTE OF LAKE WALES 58447 7758 50689 6444 58447 7758 50689 6444 6444 44245 1 SCHOLARSHIPS 44 598500 CASH VALUE SCHOLARSHIPS AWARDED TO STUDENTS (NO CASH IS GIVEN) PART I, LINE 2: SCHOLARSHIP FUNDS ARE AWARDED BASED ON THE RECOMMENDATION OF THE SCHOLARSHIP COMMITTEE. THESE AWARDS ARE THEN DIRECTLY APPLIED AGAINST THE STUDENT'S TUITION FEES. THERE IS NO CASH AWARD GIVEN DIRECTLY TO THE STUDENT. X X X X 0 0 0 0 0 0 0 0 0 CATHY WOOLEY-BROWN PRESIDENT 82500 0 0 0 0 0 109625 0 1664 0 193789 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING, THE 990 IS REVIEWED BY THE TREASURER AND THE BOARD CHAIRMAN; A COPY IS PROVIDED TO EACH DIRECTOR PRIOR TO ITS FILING WITH THE IRS FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS POSITIVELY AFFIRMED BY ALL BOARD MEMBERS AND EMPLOYEES ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD COMPARES SALARIES OF COMPARABLE SCHOOLS IN THE GEOGRAPHICAL AREA PROVIDING COMPARABLE SPECIALIZED EDUCATIONAL SERVICES. THE COMPENSATION PROCESS IS COMPLETED DURING THE BUDGETING PROCESS AND SALARIES ARE DETERMINED BY PERFORMANCE AND COMPARISON WITH OTHER SIMILAR SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.