2013-05-10T11:26:54-05:00 2012-06-30 561965804 THOMAS JUDY & TUCKER P A 4700 FALLS OF NEUSE ROAD SUITE 400 RALEIGH NC 27609 990 2011-07-01 264201622 LIBERTY PREPARATORY CHRISTIAN ACADEMY INC LIBE 7046603933 246 BLUME ROAD MOORESVILLE NC 28117 DOUG WEIR 7046603933 2013-05-10 1 DAVID A JOHNSON CPA P01301605 9195717055 2011 2016-02-24 21:20:13Z DOUG WEIR 246 BLUME ROAD MOORESVILLE NC 28117 797014 0 X WWW.LIBERTYPREPNC.COM X 2008 NC TO INSPIRE STUDENTS TO DEVELOP AND MAINTAIN A STRONG SPIRITUAL FOUNDATION BASED ON FAITH IN GODS WORD. TO CREATE A BALANCE BETWEEN CLASSROOM TEACHING AND PARENT MENTORED STUDY TO ACHIEVE A COLLEGE PREPARATORY LEVEL OF ACADEMIC EXCELLENCE. TO CREATE AN ENVIRONMENT OF FELLOWSHIP AMONG STUDENTS WHERE CHARACTER AND INTEGRITY ARE SOUGHT AND HONORED AND TO ALLOW AMPLE OPPORTUNITY FOR MINISTRY IN THE COMMUNITY. 3 3 28 50 0 0 175879 174784 521813 611335 157 52 -724 3569 697125 789740 0 0 0 0 333706 397519 0 0 0 187125 266684 520831 664203 176294 125537 382469 584557 30317 106868 352152 477689 X TO INSPIRE STUDENTS TO DEVELOP AND MAINTAIN A STRONG SPIRITUAL FOUNDATION BASED ON FAITH IN GODS WORD. TO CREATE A BALANCE BETWEEN CLASSROOM TEACHING AND PARENT MENTORED STUDY TO ACHIEVE A COLLEGE PREPARATORY LEVEL OF ACADEMIC EXCELLENCE. TO CREATE AN ENVIRONMENT OF FELLOWSHIP AMONG STUDENTS WHERE CHARACTER AND INTEGRITY ARE SOUGHT AND HONORED AND TO ALLOW AMPLE OPPORTUNITY FOR MINISTRY IN THE COMMUNITY. 0 0 615587 610794 LIBERTY PREPARATORY CHRISTIAN ACADEMY IS A COLLEGE PREP SCHOOL THAT TRULY PARTNERS WITH PARENTS TO AFFIRM THEIR ROLE AS THE PRIMARY INFLUENCE IN THEIR CHILDRENS LIVES. BY USING A UNIVERSITY-STYLE COURSE SCHEDULE IN WHICH STUDENTS ARE ON SCHOOL CAMPUS THREE DAYS EACH WEEK (M/TU/TH) AND COMPLETE PROFESSIONAL INSTRUCTOR-PREPARED LESSONS AT HOME THE REMAINING TWO DAYS, THIS EFFECTIVE MODEL PROVIDES FAMILIES WITH MUCH NEEDED TIME TOGETHER.OUR GOAL AT LIBERTY PREP IS NOT ONLY TO PROVIDE AN ACADEMICALLY CHALLENGING ENVIRONMENT BUT TO ALSO DEVELOP STUDENTS OF CHARACTER. THE CLASSICAL CHRISTIAN STYLE OF EDUCATION TEACHES STUDENTS TO PURSUE WISDOM, KNOWLEDGE AND UNDERSTANDING, INSTILLS IN THEM A LOVE OF LEARNING AND ENCOURAGES THEM TO DEVELOP THEIR GOD-GIVEN TALENTS AND ABILITIES TO THEIR FULLEST POTENTIAL.LIBERTY PREP OPENED ITS DOORS FOR THE 2010-2011 SCHOOL YEAR WITH GRADES K-8. WE HAVE ADDED 9TH GRADE FOR THE 2011-2012 SCHOOL YEAR AND WILL EXPAND TO A FULL K-12 ACADEMY BY CONTINUING TO ADD A GRADE LEVEL EACH YEAR. 615587 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 28 1 0 0 0 0 0 0 0 0 X 3 3 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X AMIE WEIR 8774221137 124 LIGHTSHIP DRIVE MOORESVILLE NC 28117 X DOUG WEIR 1.00 X X 0 0 0 DEREK SLOCUM 1.00 X X 0 0 0 BRUCE MATHER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 174784 174784 TUITION AND FEES INCOM 900099 608985 608985 CAMPAIGN INCOME 900099 2350 2350 611335 52 52 4110 0 4110 4110 2421 7274 -4853 -4853 FIELD TRIP INCOME 900099 4312 4312 4312 789740 610794 0 4162 360961 360961 36558 36558 2000 2000 6776 5421 1355 18729 14983 3746 73694 58955 14739 900 900 17031 13625 3406 7703 7703 SCHOOL OPERATION EXPENS 91334 91334 REPAIRS & MAINTENANCE 13849 11079 2770 CONTRACT LABOR 10054 10054 OTHER EXPENSES 7306 7306 17308 11717 5591 664203 615587 48616 0 215520 101357 100153 31264 132885 30418 63796 102467 3000 349469 382469 584557 29525 0 12205 72690 18112 4653 30317 106868 X 352152 477689 0 0 0 0 352152 477689 382469 584557 125537 0 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4600 77 4523 54679 16054 38625 73606 14287 59319 102467 CONSTRUCTION IN PROCESS 349469 349469 CREDIT CARDS PAYABLE 3375 PAYROLL LIABILITIES 1278 4653 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 LIBERTY PREPARATORY CHRISTIAN ACADEMY SHALL MAKE NO DISTINCTION IN ITS ADMISSION OR OPERATING POLICIES WITH REGARD TO ANY INDIVIDUAL'S RACE, COLOR, ETHNITICITY, OR NATIONAL ORIGIN, AS THERE CAN BE NO PREFERENTIAL TREATMENT WITH GOD. FORM 990, PART VI, SECTION A, LINE 2 DOUG AND AMIE WEIR ARE HUSBAND AND WIFE WHO SERVE ON THE BOARD OF LIBERTY PREPARATORY SCHOOL. BRUCE AND DANA MATHER ARE HUSBAND AND WIFE WHO SERVE ON THE BOARD OF LIBERTY PREPARATORY SCHOOL. NEITHER COUPLE RECEIVES COMPENSATION FOR THEIR POSITIONS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS DISTRIBUTED AND REVIEWD TO ALL BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ACADEMY CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST; THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ACADEMY'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. EACH DIRECTOR, OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY AND UNDERSTANDS THE ACADEMY IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW AT THE SCHOOL.