LAS SCHOOL FOUNDATION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: LAS SCHOOL FOUNDATION (EIN 20-0517082)
Tax period: 2010-07-01 to 2011-06-30
Filed: 2012-05-11
IRS object ID: 201241329349302414
Schema version: 2010v3.7
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule G
Schedule I
Schedule K
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-05-11T13:28:51-05:00	Timestamp
Tax Period End Date	2011-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FESTER & CHAPMAN PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	8283 N HAYDEN RD STE 200	AddressLine1
City	SCOTTSDALE	City
State	AZ	State
ZIP Code	852582456	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	200517082	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	LAS SCHOOL FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	LASS	NameControl
Phone	4809862335	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	7301 E BASELINE ROAD	AddressLine1
City	MESA	City
State	AZ	State
ZIP Code	85208	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	KELLY WADE	Name
Title	PRESIDENT	Title
Phone	4809862335	Phone
Date Signed	2012-05-10	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	WILLIAM F CHAPMAN	Name
Phone	6022643077	Phone
Date Prepared	2012-05-11	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	KELLY WADE	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	7301 E BASELINE ROAD	AddressLine1
City	MESA	City
State	AZ	State
ZIP Code	85208	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	1155186	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2003	YearFormation
State Legal Domicile	AZ	StateLegalDomicile
Activity Or Mission Description	PROVIDE A FACILITY AND FIXED ASSETS TO NOAH WEBSTER BASIC SCHOOL, A RELATED PARTY.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	3	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	3	NbrIndependentVotingMembers
Total Nbr Employees	2	TotalNbrEmployees
Total Nbr Volunteers	10	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	1084030	ProgramServiceRevenuePriorYear
Program Service Revenue CY	1087398	ProgramServiceRevenueCY
Investment Income Prior Year	3223	InvestmentIncomePriorYear
Investment Income Current Year	2256	InvestmentIncomeCurrentYear
Other Revenue Prior Year	303391	OtherRevenuePriorYear
Other Revenue Current Year	65532	OtherRevenueCurrentYear
Total Revenue Prior Year	1390644	TotalRevenuePriorYear
Total Revenue Current Year	1155186	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	23244	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	54306	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	41683	SalariesEtcPriorYear
Salaries Etc Current Year	22147	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	12865	TotalFundrsngExpCurrentYear
Other Expense Prior Year	1027033	OtherExpensePriorYear
Other Expenses Current Year	938240	OtherExpensesCurrentYear
Total Expenses Prior Year	1091960	TotalExpensesPriorYear
Total Expenses Current Year	1014693	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	298684	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	140493	RevenuesLessExpensesCY
Total Assets BOY	11655653	TotalAssetsBOY
Total Assets EOY	11405826	TotalAssetsEOY
Total Liabilities BOY	12029153	TotalLiabilitiesBOY
Total Liabilities EOY	11638833	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	-373500	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	-233007	NetAssetsOrFundBalancesEOY
Mission Description	PROVIDE A FACILITY AND FIXED ASSETS TO NOAH WEBSTER BASIC SCHOOL, A RELATED PARTY.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	764368	Expense
Grants	54306	Grants
Description	THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC, AND LITERARY PURPOSES BY CONDUCTING OR SUPPORTING ACTIVITIES FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF NOAH WEBSTER BASIC SCHOOL.	Description
Total Program Service Expense	764368	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	true	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	true	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	2	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	3	NbrVotingGoverningBodyMembers
Number Independent Voting Members	3	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	AZ	StatesWhereCopyOfReturnIsFiled
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	THE ORGANIZATION	NamePerson
Telephone Number	4809862335	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	7301 E BASELINE ROAD	AddressLine1
City	MESA	City
State	AZ	State
ZIP Code	85209	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (3 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
VICKI DRY
SECRETARY	1.00	X	11074	0	0
KELLY WADE
PRESIDENT	10.00	X	11073	0	0
SHARON MILLER
DIRECTOR	1.00	X	0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	22147	TotalReportableCompFromOrg
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	RENTAL INCOME	Description
Total Revenue Column	1087398	TotalRevenueColumn
Exclusion	$1,087,398	ExclusionAmount

Field	Value	IRS element (for citing)
Total Program Service Revenue	1087398	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	2256	TotalRevenueColumn
Exclusion	$2,256	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	57557	GrossIncomeFundraisingEvents

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	57557	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	MISCELLANEOUS	Description
Total Revenue Column	7975	TotalRevenueColumn
Related Or Exempt Function Income	7975	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	7975	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1155186	TotalRevenueColumn
Related Or Exempt Function Income	7975	RelatedOrExemptFunctionIncome
Exclusion	$1,089,654	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	54306	Total
Program Services	54306	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	22147	Total
Management And General	22147	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	595	Total
Management And General	595	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	2837	Total
Management And General	2837	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	671302	Total
Program Services	540707	ProgramServices
Management And General	130595	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	229263	Total
Program Services	169355	ProgramServices
Management And General	59908	ManagementAndGeneral

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral	FundraisingFundraising
DUES & FEES	21378	21378
FUNDRAISING	12865		12865

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	1014693	Total
Program Services	764368	ProgramServices
Management And General	237460	ManagementAndGeneral
Fundraising	12865	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	17452	BOY
EOY	3969	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	138471	BOY
EOY	134473	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	58903	BOY
EOY	55832	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	11205738	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	1320970	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	10095028	BOY
EOY	9884768	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	431004	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	1345799	BOY
EOY	895780	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	11655653	BOY
EOY	11405826	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	82847	BOY
EOY	106414	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	11364285	BOY
EOY	11143503	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	582021	BOY
EOY	388916	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	12029153	BOY
EOY	11638833	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	-373500	BOY
EOY	-233007	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	-373500	BOY
EOY	-233007	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	11655653	BOY
EOY	11405826	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	140493	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Both	X	FinancialStatementBoth
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	50090	CurrentTaxYearMinus2Years
Total	50090	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	45763	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	95090	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	303391	CurrentTaxYearMinus1Year
Current Tax Year	65532	CurrentTaxYear
Total	509776	Total

Gross Receipts From Non UBI GrossReceiptsFromNonUBI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	935026	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1038055	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	947318	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1084030	CurrentTaxYearMinus1Year
Current Tax Year	1087398	CurrentTaxYear
Total	5091827	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	935026	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1083818	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1092498	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1387421	CurrentTaxYearMinus1Year
Current Tax Year	1152930	CurrentTaxYear
Total	5651693	Total

Field	Value	IRS element (for citing)
Public Support Total509	5651693	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	62466	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	51670	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	20434	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	3223	CurrentTaxYearMinus1Year
Current Tax Year	2256	CurrentTaxYear
Total	140049	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	62466	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	51670	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	20434	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	3223	CurrentTaxYearMinus1Year
Current Tax Year	2256	CurrentTaxYear
Total	140049	Total

Other Income509 OtherIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	123	CurrentTaxYearMinus4Years
Current Tax Year Minus2 Years	45000	CurrentTaxYearMinus2Years
Total	45123	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	997615	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1135488	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1157932	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1390644	CurrentTaxYearMinus1Year
Current Tax Year	1155186	CurrentTaxYear
Total	5836865	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.96830	PublicSupportPercentage509
Prior Year Support Percentage	0.95850	PriorYearSupportPercentage
Investment Income Percentage	0.02000	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.03000	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2825083	OtherCostOrOtherBasis
Book Value	2825083	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	8380655	OtherCostOrOtherBasis
Depreciation	1320970	Depreciation
Book Value	7059685	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	9884768	TotalOfBookValueLandBuildings

Other Assets OtherAssets (3 entries)

DescriptionDescription	Book ValueBookValue
RESTRICTED CASH-NON CURRENT	895780
DIVIDENDS RECEIVABLE
LOAN ISSUANCE COSTS, NET

Field	Value	IRS element (for citing)
Total Book Value Other Assets	895780	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	DUE TO RELATED PARTY	Description
Amount	$388,916	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	388916	TotalOfAmounts
Total Revenue	1155186	TotalRevenue
Total Expenses	1014693	TotalExpenses
Excess Or Deficit For Year	140493	ExcessOrDeficitForYear
Excess Or Deficit Per FS	140493	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	1155186	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	1155186	RevenueSubtotal
Total Revenue Per Form990	1155186	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	1014693	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	1014693	ExpensesSubtotal
Total Expenses Per Form990	1014693	TotalExpensesPerForm990

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	FUNDRAISING	NameOfEvent1
Gross Receipts Event1	57557	GrossReceiptsEvent1
Gross Revenue Event1	57557	GrossRevenueEvent1
Gross Receipts Total	57557	GrossReceiptsTotal
Gross Revenue Total Events	57557	GrossRevenueTotalEvents
Net Income Summary	57557	NetIncomeSummary

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	false	RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	NOAH WEBSTER BASIC SCHOOLS	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	7301 E BASELINE ROAD	AddressLine1
City	MESA	City
State	AZ	State
ZIP Code	85208	ZIPCode

Field	Value	IRS element (for citing)
EIN Of Recipient	861027635	EINOfRecipient
IRC Section	3	IRCSection
Amount Of Cash Grant	54306	AmountOfCashGrant
Method Of Valuation	FMV	MethodOfValuation
Purpose Of Grant	SUPPORT	PurposeOfGrant

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	1	TotalNbrOf501C3AndGovtGrants

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	IDA OF PIMA COUNTY 2004A 2004A-T	BusinessNameLine1

Field	Value	IRS element (for citing)
Date Issued	2004-03-01	DateIssued
Issue Price	12495000	IssuePrice
Defeased	false	Defeased
On Behalf Of Issuer	false	OnBehalfOfIssuer
Pool Financing	false	PoolFinancing

Form990 Schedule K Part II Form990ScheduleKPartII

Field	Value	IRS element (for citing)
Total Proceeds	11143503	TotalProceeds
Current Refunding	false	CurrentRefunding
Advance Refunding	false	AdvanceRefunding
Final Allocation Made	true	FinalAllocationMade
Adequate Books And Recds Maintaind	true	AdequateBooksAndRecdsMaintaind

Form990 Schedule K Part III Form990ScheduleKPartIII

Field	Value	IRS element (for citing)
Owning Bond Financed Property	false	OwningBondFinancedProperty
Any Lease Arrangements	false	AnyLeaseArrangements
Mngment Cntrct Bond Financd Prprty	false	MngmentCntrctBondFinancdPrprty
Any Research Agreements	false	AnyResearchAgreements
Bond Counsel Routinely Engaged	false	BondCounselRoutinelyEngaged
Post Issuance Compliance Procdrs	true	PostIssuanceComplianceProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV

Field	Value	IRS element (for citing)
Form8038 T Filed	false	Form8038TFiled
Variable Rate Issue	false	VariableRateIssue
Hedge Identified In Books And Recds	false	HedgeIdentifiedInBooksAndRecds
Gross Proceeds Invested In GIC	false	GrossProceedsInvestedInGIC
Gross Proceeds Invested	false	GrossProceedsInvested
Exception To Rebate	false	ExceptionToRebate

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	LAS'S GOVERNING BOARD OF DIRECTORS WILL, ANNUALLY, REVIEW AND APPROVE AT A BOARD MEETING THE FOLLOWING INFORMATION: ANNUAL FINANCIAL REPORTS AS PRESCRIBED BY THE ARIZONA DEPARTMENT OF EDUCATION ALL BUDGETS AND AMENDED BUDGETS ANNUAL AUDITED FINANCIAL STATEMENTS FEDERAL AND STATE INCOME TAX RETURN ALL REPORTING PACKAGES PROVIDED TO TRUSTEES, INVESTORS AND LENDERS PRIOR TO THE REQUIRED REPORTING DEADLINE, THE FINANCIAL DIRECTOR (CFO) WILL PRESENT THE ABOVE INFORMATION TO THE GOVERNING BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. UPON SUFFICIENT DISCUSSION, WITH NO CHANGES REQUIRED, THE PRESIDENT OF THE BOARD WILL ASK FOR A VOTE OF APPROVAL OF THE DOCUMENT. NO TAX RETURNS OR AUDITED FINANCIAL STATEMENTS ARE TO BE ELECTRONICALLY CONVEYED TO BOARD MEMBERS FOR APPROVAL.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	EVERY PERSON HAS A DUTY TO DISCLOSE ANY CONFLICTS OF INTEREST. THE GOVERNING BOARD WILL THEN DECIDE IF A CONFLICT OF INTEREST EXISTS. ANY VIOLATIONS TO THE CONFLICT OF INTEREST POLICY ARE DEALT WITH APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION BY THE GOVERNING BOARD.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	LAS SCHOOL FOUNDATION WILL PAY ANNUAL AND OR HOURLY COMPENSATION TO MANAGEMENT AND KEY EMPLOYEES, ADMINISTRATIVE, TEACHING STAFF, TRANSPORTATION STAFF, FOOD PROGRAM STAFF, PLANT AND GROUND MAINTENANCE STAFF, NURSING STAFF AND AIDE AND ASSISTANT STAFF WITHIN THE SCHOOLS ANNUAL BUDGET INCLUDING GRANT AWARDS AND AS DETERMINED BY TWO COMPENSATION COMMITTEES AND DIRECTED BY THE GOVERNING BOARD OF DIRECTORS. A. THE GOVERNING BOARD OF DIRECTORS WILL DETERMINE AND APPROVE TWO COMPENSATION COMMITTEES. 1. A COMMITTEE TO DETERMINE ANNUAL SALARIES FOR MANAGEMENT AND KEY EMPLOYEES. 2. A COMMITTEE TO DETERMINE COMPENSATION FOR ALL STAFF AS OUTLINED IN ARTICLE I. B. THE COMMITTEE TO DETERMINE ANNUAL SALARIES FOR MANAGEMENT AND KEY EMPLOYEES WILL BE COMPRISED OF GOVERNING BOARD OF DIRECTORS AND THE FINANCIAL MANAGER. NO PERSON WHOSE COMPENSATION IS BEING CONSIDERED AND VOTED ON BY THE COMPENSATION COMMITTEE WILL BE ALLOWED TO VOTE ON THEIR COMPENSATION. SAID PERSON SHALL LEAVE THE ROOM WHILE THE COMMITTEE DISCUSSES AND VOTES ON THE SAID PERSONS PROPOSED COMPENSATION. C. THE COMMITTEE TO DETERMINE COMPENSATION FOR ALL STAFF SHALL INCLUDE THE SCHOOL'S DIRECTOR, FINANCIAL MANAGER, AND HUMAN RESOURCE/PAYROLL MANAGER. D. ANNUAL COMPENSATION SURVEYS AND RELIABLE RESEARCH SHALL ME PERFORMED AND CONSIDERED. E. AT NO TIME WILL EXCESSIVE COMPENSATION BE APPROVED BY THE GOVERNING BOARD OF DIRECTORS. F. ALL PROPOSED ANNUAL COMPENSATION WILL BE INCLUDED IN THE PROPOSED AND ACTUAL BUDGETS APPROVED BY THE GOVERNING BOARD OF DIRECTORS.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	LAS SCHOOL FOUNDATION WILL PAY ANNUAL AND OR HOURLY COMPENSATION TO MANAGEMENT AND KEY EMPLOYEES, ADMINISTRATIVE, TEACHING STAFF, TRANSPORTATION STAFF, FOOD PROGRAM STAFF, PLANT AND GROUND MAINTENANCE STAFF, NURSING STAFF AND AIDE AND ASSISTANT STAFF WITHIN THE SCHOOLS ANNUAL BUDGET INCLUDING GRANT AWARDS AND AS DETERMINED BY TWO COMPENSATION COMMITTEES AND DIRECTED BY THE GOVERNING BOARD OF DIRECTORS. A. THE GOVERNING BOARD OF DIRECTORS WILL DETERMINE AND APPROVE TWO COMPENSATION COMMITTEES. 1. A COMMITTEE TO DETERMINE ANNUAL SALARIES FOR MANAGEMENT AND KEY EMPLOYEES. 2. A COMMITTEE TO DETERMINE COMPENSATION FOR ALL STAFF AS OUTLINED IN ARTICLE I. B. THE COMMITTEE TO DETERMINE ANNUAL SALARIES FOR MANAGEMENT AND KEY EMPLOYEES WILL BE COMPRISED OF GOVERNING BOARD OF DIRECTORS AND THE FINANCIAL MANAGER. NO PERSON WHOSE COMPENSATION IS BEING CONSIDERED AND VOTED ON BY THE COMPENSATION COMMITTEE WILL BE ALLOWED TO VOTE ON THEIR COMPENSATION. SAID PERSON SHALL LEAVE THE ROOM WHILE THE COMMITTEE DISCUSSES AND VOTES ON THE SAID PERSONS PROPOSED COMPENSATION. C. THE COMMITTEE TO DETERMINE COMPENSATION FOR ALL STAFF SHALL INCLUDE THE SCHOOL'S DIRECTOR, FINANCIAL MANAGER, AND HUMAN RESOURCE/PAYROLL MANAGER. D. ANNUAL COMPENSATION SURVEYS AND RELIABLE RESEARCH SHALL ME PERFORMED AND CONSIDERED. E. AT NO TIME WILL EXCESSIVE COMPENSATION BE APPROVED BY THE GOVERNING BOARD OF DIRECTORS. F. ALL PROPOSED ANNUAL COMPENSATION WILL BE INCLUDED IN THE PROPOSED AND ACTUAL BUDGETS APPROVED BY THE GOVERNING BOARD OF DIRECTORS.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

Field	Value	IRS element (for citing)
Business Name Line1	NOAH WEBSTER BASIC SCHOOL	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	7301 E BASELINE ROAD	AddressLine1
City	MESA	City
State	AZ	State
ZIP Code	85208	ZIPCode

Field	Value	IRS element (for citing)
EIN	861027635	EIN
Primary Activities	SCHOOL	PrimaryActivities
Legal Domicile State	AZ	LegalDomicileState
Exempt Code Section	3	ExemptCodeSection
Public Charity Status	2	PublicCharityStatus
Direct Controlling Entity NA	N/A	DirectControllingEntityNA
Controlled Org	false	ControlledOrg

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	false	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	false	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	true	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	true	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	false	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	false	PerformOfServicesByOtherOrgs
Sharing Of Facilities	false	SharingOfFacilities
Sharing Of Paid Employees	false	SharingOfPaidEmployees
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	false	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved	Method Of Amt DeterminationMethodOfAmtDetermination
NOAH WEBSTER BASIC SCHOOLS
I	1080000	AMOUNT RECEIVED
NOAH WEBSTER BASIC SCHOOLS
E	388916	LOAN BALANCE