2011-02-14T12:20:01-06:00 2010-06-30 Brown Edwards & Company LLP PO Box 10189 Lynchburg VA 245060189 990 2009-07-01 540506431 VIRGINIA EPISCOPAL SCHOOL VIRG 4343853600 400 VES ROAD PO BOX 408 LYNCHBURG VA 24503 Deborah Leake 4343846221 2011-02-04 1 Susan Ackley 4349489000 2009 2016-02-24 21:20:13Z Deborah Leake 400 VES ROAD LYNCHBURG VA 24503 7863556 0 X http://www.ves.org X 1916 VA To lead students toward full stature. 23 23 151 0 34375 -26194 1459264 1624394 6461571 5677510 -2455115 -635688 58519 158613 5524239 6824829 1048821 1121340 0 421724 291453 0 220598 8406317 7147928 9876862 8560721 -4352623 -1735892 27020203 24744166 3763417 3069942 23256786 21674224 To lead students toward full stature academically, spiritually, and ethically. 0 0 4239832 5801748 EDUCATION - ALL SERVICES RELATED TO INSTRUCTION AND BOARDING OF STUDENTS; GRADES 9-12 4239832 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 20 0 151 1 1 1 0 0 0 0 0 0 0 0 1 1 23 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 VA X DEBORAH LEAKE 4343853615 400 VES ROAD Lynchburg VA 24503 Sharon Ainslie 1.00 X 0 0 0 JAMES B BARBER 1.00 X 0 0 0 G THOMAS BATTLE 1.00 X 0 0 0 WILLIAM EARLE BETTS 1.00 X 0 0 0 MATTHEW L BRANDON 1.00 X 0 0 0 JOSEPH B BREWER III 1.00 X 0 0 0 FRANCES H BULLOCK 1.00 X 0 0 0 JAMES DOUGHTON 1.00 X 0 0 0 J LINDSAY FREEMAN 1.00 X 0 0 0 PHILLIP L HADLEY 40.00 X 198124 0 0 LEE C HERBERT 1.00 X 0 0 0 LAWRENCE C HICKS 1.00 X 0 0 0 H THEOPHILUS HIGHSMITH 1.00 X 0 0 0 DOUGLAS B LANE 1.00 X 0 0 0 DEBORAH LEAKE 40.00 X 42102 0 0 PARKER H LEE III 1.00 X 0 0 0 DR ANNE L MAULDIN 1.00 X 0 0 0 PARKE MUTH 1.00 X 0 0 0 WILLIAM L PANNILL 1.00 X 0 0 0 WILLIAM S PEEBLES IV 1.00 X 0 0 0 STEWART M RODDEY 1.00 X 0 0 0 W TERRY SHERRILL 1.00 X 0 0 0 CHRISTOPHER B SMITH SR 1.00 X 0 0 0 BLAND HOTCHKISS WALL 1.00 X 0 0 0 LEAH WEISS 40.00 X 33258 0 0 SALLY SACKETT WHITE 1.00 X 0 0 0 MR JOHN WOOLARD JR 1.00 X 0 0 0 MEADE KING 40.00 X 109983 0 0 383467 0 0 2 0 1 0 ANTHEM BLUE CROSS & BLUE SHIELD PO BOX 27401 RICHMOND VA 23279 Health Insurance 426078 1 1624394 294609 1624394 TUITION AND FEES 611710 5639258 5639258 SPORTS CAMP 611600 34375 34375 STUDENT FINANCE CHGS 561000 3746 3746 COMMODITY INCOME 721000 131 131 5677510 277130 277130 912818 -912818 -912818 -912818 281911 125909 156002 156002 Miscelleneous Income 900099 2611 2611 2611 6824829 5801748 34375 -635688 1121340 1121340 291453 291453 52272 52272 38830 38830 713934 713934 GENERAL ADMINISTRATION 3224400 3003802 220598 INSTRUCTION 1591389 1591389 STUDENT SUPPORT SERVICE 1418628 1418628 STUDENT ACTIVITIES 85962 85962 SUMMER PROGRAMS 22513 22513 8560721 4239832 4100291 220598 768442 998691 1961618 1685256 83151 52414 125382 91737 21754 24827 24063208 12915557 11575745 11147651 12334173 10573914 149938 169676 27020203 24744166 213791 163263 2616673 2217028 932953 689651 3763417 3069942 X 6335847 5784263 2412843 965972 14508096 14923989 23256786 21674224 27020203 24744166 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12334173 356541 -553353 1563447 10573914 18054133 487920 -4958123 1249757 12334173 1.00000 0 0 1837743 1837743 17616391 9488497 8127894 3607340 3084080 523260 1001734 342980 658754 11147651 MUTUAL FUNDS, STOCKS, BONDS 10573914 F 10573914 ADVANCED COLLECTIONS & ACCRUED EXPENSES 649805 CAPITAL LEASE 39846 689651 6824829 8560721 -1735892 153330 153330 -1582562 5982728 153330 125909 279239 5703489 1121340 1121340 6824829 7565290 125909 125909 7439381 1121340 1121340 8560721 Part X: Description of Uncertain Tax Positions Under FIN 48: The School's tax exempt returns for 2007, 2008 and 2009 are subject to examination by the Internal Revenue Service. Part XII, Line 2d - Other Adjustments: COST OF GOODS SOLD: 125909. Part XII, Line 4b - Other Adjustments: STUDENT AID: 1121340. Part XIII, Line 2d - Other Adjustments: COST OF GOODS SOLD: 125909. Part XIII, Line 4b - Other Adjustments: Student Aid: 1121340. 1 1 1 NONDISCRIMNATORY POLICY IS PUBLISHED IN ALL SOLICITATION PUBLICATIONS. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 Financial Aid 45 1121340 Tuition Reduction Financial Aid based on need and merit Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Student achievement observed in normal course of organization's stated purpose. X X 1 1 X X 0 0 0 0 0 0 0 0 0 PHILLIP L HADLEY 177724 0 0 0 20400 0 0 0 0 0 198124 0 0 0 DEBBIE LEAKE TREASURER OF THE BOARD STUDENT FINANCIAL AID / EMPLOYEE DISCOUNT Amount $ 37000. X 20 294609 FMV 0 0 0 Form 990, Part VI, Section B, line 11 The Form 990 is first reviewed by the Treasurer, then forwarded to the Executive Committee and the Chair and Vice Chair of the Finance Committee to review before filing. Form 990, Part VI, Section B, line 12c Disclosure is required to be made to the Headmaster or to the board chair, who shall bring the matter to the attention of the board. The board shall determine whether a conflict exists and in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair, and reasonable to the organization. Form 990, Part VI, Section B, line 15a The executive committee reviews compensation for officers and upper management annually. The organization uses salary information obtained from guidestart non-profit compensation report and salary surveys. The executive committee reviews the survey information as compared with the salary paid to officers and upper management, gives input, and approves the compensation. The executive and finance committee have the final approval for all officer and upper management compensation. Form 990, Part VI, Section C, line 19 The organization makes its governing documents and financial statements available to the public upon request. FORM 990, PART XI, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR WITH REGARD TO THE COMMITTEE RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. FORM 990, PART V, QUESTIONS 7G AND 7H: CONTRIBUTIONS THE ORGANIZATION DID NOT RECEIVE CONTRIBUTIONS OF QUALIFIED INTELLECTUAL PROPERTY IN 2009, THEREFORE THERE WAS NO FORM 8899 REQUIRED. ADDITIONALLY, THE ORGANIZATION DID NOT RECEIVE ANY CONTRIBUTION OF PROPERTY THAT WOULD REQUIRE THE FOUNDATION TO FILE FORM 1098-C. FORM 990, PART VI, SECTION B, QUESTIONS 12 AND 13: THE ORGANIZATION IMPLEMENTED A CONFLICT OF INTEREST POLICY AND WHISTLEBLOWER POLICY AS OF SEPTEMBER 2010.