2020-01-28T17:02:03-06:00 2019-06-30 381357951 PLANTE and MORAN PLLC 8181 E TUFTS AVE SUITE 600 DENVER CO 80237 990 2018-07-01 203168449 VALOR CHRISTIAN SCHOOLS VALO 3034713000 3775 GRACE BOULEVARD HIGHLANDS RANCH CO 80126 KURT UNRUH CEO 3034713000 2020-01-28 1 DORI J EGGETT P00645252 3037409400 2020-01-28 208.42.238.142 2020-01-28 17:01:36 MS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 3D4B2B69D14A15585D69F3DB9A0AABE16E3E18DC 2018 2020-11-06 18:47:13Z VALOR CHRISTIAN HIGH SCHOOL KURT UNRUH 3775 GRACE BLVD HIGHLANDS RANCH CO 80216 29958953 0 X WWW.VALORCHRISTIAN.COM X 2005 CO TO PROVIDE A PURPOSE-DRIVEN COLLEGE PREPATORY PROGRAM IN A CHRIST-CENTERED ENVIRONMENT. 10 10 487 300 0 0 3872521 3942723 23534118 25522992 48376 122017 134293 107151 27589308 29694883 2208550 2329566 0 0 16134053 16783162 0 0 601398 10299106 11916593 28641709 31029321 -1052401 -1334438 94821695 93611326 11057438 11180464 83764257 82430862 X SEE SCHEDULE O.IN PARTNERSHIP WITH COMMITTED PARENTS, OUR MISSION IS TO PROVIDE A PURPOSE-DRIVEN COLLEGE PREPARATORY PROGRAM, WITHIN A VIBRANT CHRIST-CENTERED ENVIRONMENT THAT EMPOWERS STUDENTS TO DISCOVER THEIR PASSIONS AND TO DEVELOP THEIR UNIQUE GIFTS AND ABILITIES WHILE GROWING IN WISDOM, KNOWLEDGE, LEADERSHIP, FAITH AND SERVICE. 0 0 26500716 2329566 25522992 SEE SCHEDULE OVALOR CHRISTIAN HIGH SCHOOL IS A FAITH-BASED, INDEPENDENT, COLLEGE-PREPARATORY SCHOOL LOCATED IN HIGHLANDS RANCH, COLORADO. STANDING FIRMLY BEHIND ITS VISION TO PREPARE TOMORROW'S LEADERS TO TRANSFORM THE WORLD FOR CHRIST, A VALOR EDUCATION PROVIDES A RIGOROUS ACADEMIC PROGRAM IN A CHRIST-CENTERED ENVIRONMENT MAINTAINING A 12:1 STUDENT TO TEACHING FACULTY RATIO. VALOR OPENED ITS DOORS IN THE FALL OF 2007 AND HAS SINCE GROWN FROM 155 TO 1,184 STUDENTS SERVING GRADES 9TH - 12TH. THE 2018-19 SCHOOL YEAR MARKED THE ORGANIZATION'S 12TH YEAR OF SCHOOLING. AS IT ENTERS ITS SECOND DECADE, THE SCHOOL REMAINS COMMITTED TO ITS CORE VALUES TO HONOR CHRIST IN EVERYTHING IT DOES, TO CONDUCT PLANNING AND MAKE DECISIONS BASED ON WHAT IS IN THE BEST INTEREST OF STUDENTS AND TO PARTNER WITH PARENTS AS THE PRIMARY INFLUENCERS OF THEIR CHILDREN'S LIVES. VALOR IS FULLY ACCREDITED WITH BOTH ADVANCED AND THE ASSOCIATION OF CHRISTIAN SCHOOLS INTERNATIONAL (ACSI) IN WHICH IT MAINTAINS EXEMPLARY STATUS. IN ADDITION, VALOR IS ALSO A CHARTER MEMBER OF THE COUNCIL ON EDUCATIONAL STANDARDS AND ACCOUNTABILITY (CESA) AND RECEIVED THE PRESTIGIOUS 2015 NATIONAL BLUE RIBBON SCHOOLS AWARD BY THE UNITED STATES DEPARTMENT OF EDUCATION, REPRESENTING ONE OF ONLY THREE PRIVATE HIGH SCHOOLS IN THE COUNTRY TO RECEIVE THE AWARD THAT YEAR. VALOR'S COURSES MEET THE VERY BEST EDUCATIONAL STANDARDS AND ARE TAUGHT IN A MANNER TO PREPARE STUDENTS FOR FUTURE ACADEMIC CHALLENGE WITHOUT JEOPARDIZING OR DILUTING THE IMPORTANCE OF A CHRISTIAN WORLD VIEW. OVER 70% OF VALOR'S FACULTY HAVE ADVANCED DEGREES, WITH 9 INDIVIDUALS HOLDING DOCTORATES. ACADEMICS:VALOR PROVIDES AN ACADEMICALLY RIGOROUS PROGRAM, GROUNDED IN BIBLICAL TRUTH, THAT PREPARES STUDENTS FOR THE HIGHEST LEVEL OF ACADEMIC PERFORMANCE AND LEADERSHIP IN COLLEGE AND BEYOND. VALOR OFFERS 10 CONCURRENT COLLEGE CREDIT COURSES AND 20 ADVANCED PLACEMENT (AP) COURSES. OF THE 362 STUDENTS ENROLLED IN AP COURSES, VALOR HAD 7 NATIONAL AP SCHOLARS AS WELL AS 124 STUDENTS RECOGNIZED AS EITHER AP SCHOLARS, AP SCHOLARS WITH HONOR, OR AP SCHOLARS WITH DISTINCTION. IN ADDITION, VALOR HAD 9 AP DIPLOMA OR CAPSTONE RECIPIENTS. VALOR'S AP COURSE PASS RATE WAS 77.8%. IN 2018-19, VALOR HAD 12 STUDENTS ELIGIBLE FOR NATIONAL MERIT DISTINCTION. THE AVERAGE ACT SCORE FOR THE CLASS OF 2019 WAS 26.0 WITH STUDENTS IN THE TOP HALF SCORING AN AVERAGE OF 29.7. TO DATE VALOR HAS GRADUATED TEN CLASSES WITH OVER 99% OF GRADUATES IN 2019 ACCEPTED TO OVER 231 DIFFERENT FOUR-YEAR COLLEGES OR UNIVERSITIES AND EARNING OVER $2.2M IN ACADEMIC, ARTISTIC AND ATHLETIC SCHOLARSHIPS AND AWARDS FOR THEIR FRESHMAN YEAR. APPROXIMATELY 64% OF VALOR GRADUATES ATTEND OUT OF STATE COLLEGES OR UNIVERSITIES. IN 2018-19, THE AVERAGE GPA FOR THE STUDENT BODY WAS 3.33. FOR THE CLASS OF 2019, THE TOP 10% OF STUDENTS ACHIEVED GPAS BETWEEN 4.19 AND 4.58. VALOR'S ENDORSEMENT PROGRAMS IN APPLIED STEM AND RHETORIC OFFER A CROSS-DISCIPLINE COURSE OF STUDY THAT ENABLES SELECT STUDENTS TO ORGANIZE THEIR GRADUATION REQUIREMENTS AROUND THEIR CORE INTERESTS. VALOR STUDENTS COVER A WIDE SPECTRUM OF LEARNING STYLES, INCLUDING STUDENTS WHO ARE NEURAL ATYPICAL. AS A RESULT, VALOR TAKES ACADEMIC SUPPORT VERY SERIOUSLY TO MAXIMIZE LEARNING AND SUCCESS FOR ALL STUDENTS. FORMAL ACADEMIC ACCOMMODATIONS ARE OFFERED TO THOSE STUDENTS WHO HAVE A DIAGNOSED LEARNING DIFFICULTY. IN ADDITION, MANY OTHER SUPPORT SERVICES ARE OFFERED SUCH AS INDIVIDUAL TUTORING, ACADEMIC COACHING AND MANAGEMENT, PEER TUTORING, STANDARDIZED TEST PREP, ONLINE COURSES AND SUMMER SCHOOL. BOTH MATH AND WRITING LABS ARE AVAILABLE WHERE STUDENTS CAN SEEK ADDITIONAL HELP IN THOSE SUBJECT MATTER AREAS. ARTS+MEDIA:VALOR'S ARTS+MEDIA DEPARTMENT IS PASSIONATE ABOUT RECLAIMING THE ARTS FOR CHRIST AND EQUIPPING STUDENTS WITH THE KNOWLEDGE AND INSPIRATION REQUIRED TO EXPRESS THE CHRISTIAN HEART IN A RELEVANT, ARTISTIC AND AUTHENTIC MANNER. THE FACULTY IS ACTIVELY DOING, AS WELL AS TEACHING, THEIR RESPECTIVE DISCIPLINES, AND IS ABLE, THEREFORE, TO COMBINE THEORY WITH PROFESSIONAL VIABILITY, KNOWLEDGE WITH INSPIRATION. THE EIGHT CORE AREAS IN THE ARTS+MEDIA DEPARTMENT INCLUDE RECORDING, DANCE, DESIGN, FILM, MUSIC, PHOTOGRAPHY, STUDIO ARTS AND THEATRE. APPROXIMATELY 83% OF STUDENTS ARE INVOLVED IN ARTS+MEDIA AND OVER 12,000 PEOPLE ATTENDED ONE OF VALOR'S PRODUCTIONS THROUGHOUT THE YEAR. IN 2018-19, VALOR'S SPRING PRODUCTION OF THOROUGHLY MODERN MILLIE WAS NOMINATED IN 6 CATEGORIES AT THE BOBBY G AWARDS AND TOOK HOME TOP HONORS IN 3 OF THEM. THE VALOR CONSERVATORY FOR THE ARTS IS AN ENDORSEMENT PROGRAM THAT COMBINES INDIVIDUALIZED, EXCEPTIONAL ARTS TRAINING WITH CHRIST-CENTERED MENTORSHIP, OFFERING STUDENTS COMPETITIVE ADVANTAGES FOR COLLEGE, CAREER AND LIFE PURSUITS. EIGHTEEN CUSTOMIZED COURSE MAJORS ALLOW STUDENTS TO GO DEEP IN THEIR AREAS OF PASSION, OFFERING CHOREOGRAPHED EXPERIENCES AND PRIVATE LESSONS TO HELP STUDENTS GROW AND CREATE AT AN ADVANCED LEVEL. OVER 110 STUDENTS WERE ENROLLED IN THE CONSERVATORY EXPERIENCE AND THE PROGRAM CONTINUES TO GROW IN POPULARITY AND DEPTH OF ARTISTIC TALENT. ATHLETICS:VALOR ATHLETICS FOCUSES ON FOUR CORE VALUES: STRENGTHENING ATHLETES' FAITH IN JESUS CHRIST; DEVELOPING EXCELLENCE IN CHRISTIAN CHARACTER BASED ON THE LIFE AND TEACHINGS OF JESUS CHRIST; INSTILLING GREAT WORK HABITS; AND TEACHING, STRESSING, AND MONITORING THE PRIMACY OF ACADEMICS. SPECIFIC STUDENT-ATHLETE OUTCOMES INCLUDE EXCEPTIONAL EXPERIENCES, MENTORING RELATIONSHIPS, GROWING IN FAITH, COMPETITIVE EXCELLENCE AND EACH SPORT SERVING AS A MARQUEE ATTRACTION. ATHLETIC OFFERINGS COVER 24 CHSAA SANCTIONED SPORTS WITH OVER 75% STUDENT INVOLVEMENT. IN 2018-19, 47 SENIOR ATHLETES, REPRESENTING 18 DIFFERENT SPORTS, COMMITTED TO CONTINUE THEIR ATHLETIC CAREERS IN COLLEGE AND RECEIVED OVER $750,000 IN ATHLETIC ONLY SCHOLARSHIPS OR SELECTIVE ADMISSION. 67% OF THE SENIOR ATHLETES WILL BE PLAYING AT DIVISION 1 SCHOOLS. IN THE PAST DECADE, VALOR HAS WON 32 TEAM COLORADO STATE CHAMPIONSHIPS AND 23 TEAM COLORADO RUNNERS-UP. IN ADDITION, 26 STUDENT-ATHLETES HAVE BEEN RECOGNIZED AS COLORADO PLAYERS OF THE YEAR AND 11 AS GATORADE PLAYERS OF THE YEAR. SINCE INCEPTION, 371 STUDENT ATHLETES HAVE COMMITTED TO PLAY COLLEGE, 166 IN DIVISION 1 PROGRAMS, AND HAVE BEEN AWARDED OVER $5,000,000 IN FIRST YEAR ATHLETIC ONLY SCHOLARSHIPS. OTHER DISTINCTIVES OF VALOR'S ATHLETIC PROGRAM INCLUDE TEAM RETREATS, OUT OF STATE COMPETITIONS, SERVICE PROJECTS, PERFORMANCE TRAINING, SPORTS MEDICINE, A COLLEGE RECRUITING AND COUNSELING ADVISOR AS WELL AS CHAPLAINS FOR EACH TEAM. SERVICE:THROUGH THE DISCOVERY PROGRAM, STUDENTS GAIN A NEW UNDERSTANDING OF GOD AS THEY EXPERIENCE DIVERSE CULTURES, APPLY LESSONS FROM THE CLASSROOM AND COME ALONGSIDE FAMILIES MARGINALIZED BY POVERTY. THE WORLD VALOR STUDENTS HAVE LEARNED TO LOVE TO SERVE AS THEY BRING GLORY TO GOD. THROUGH DISCOVERY'S BROAD SPECTRUM OF INTERCULTURAL EXPERIENCES, STUDENTS INTEGRATE THEIR FAITH AS THEY GROW SPIRITUALLY, EMOTIONALLY, SOCIALLY, IN LEADERSHIP AND CHARACTER. DISCOVERY HELPS CREATE A STRUCTURE AND AN EXPERIENCE, WHICH SEEKS TO BREAK DOWN CULTURAL, RACIAL, ECONOMIC, ETHNIC AND RELIGIOUS BARRIERS. STUDENTS LEARN TO LOVE ALL PEOPLE AND BECOME LEADERS TRANSFORMING THE WORLD FOR CHRIST. THEY ARE TRANSFORMED AS THEY ARE EMPOWERED TO DISCOVER AND DEVELOP THEIR UNIQUE GIFTS AND ABILITIES AS THEY COMPASSIONATELY SERVE THE LESS FORTUNATE, ENGAGE IN CONTRASTING WORLDVIEWS, CULTURAL PRACTICES AND BELIEF SYSTEMS, WITH THE REDEMPTIVE POWER OF THE GOSPEL, FOR THE GLORY OF GOD. IN 2018-19, OVER 400 STUDENTS ACCUMULATED ALMOST 30,641 SERVICE HOURS ON 23 DIFFERENT EXPERIENCES IN 20 DIFFERENT COUNTRIES. VALOR STUDENTS ARE REQUIRED TO ENGAGE IN 100 HOURS OF SERVICE DURING THEIR FOUR YEARS AT VALOR BUT THE ULTIMATE DESIRE IS FOR THEM TO LEARN TO LOVE SERVICE. SINCE INCEPTION, OVER 234,065 HOURS OF SERVICE HAVE BEEN OFFERED BY VALOR STUDENTS IN THEIR OWN COMMUNITIES AND ABROAD. 26500716 1 1 0 0 0 0 0 0 0 1 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 63 0 1 487 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X JODI FRESQUEZ 3034713000 3775 GRACE BLVD HIGHLANDS RANCH CO 80126 SCOTT POMEROY CHAIR 1.00 X X 0 0 0 SCOTT LOWERY VICE-CHAIR 1.00 X X 0 0 0 JAMES JAMISON BOARD DIRECTOR 1.00 X 0 0 0 KYLEE LOURIE BOARD DIRECTOR 1.00 X 0 0 0 SHAWN MCLAUGHLIN BOARD DIRECTOR 1.00 X 0 0 0 KEVIN MCVANEY BOARD DIRECTOR 1.00 X 0 0 0 SHARNA COORS BOARD DIRECTOR 1.00 X X 0 0 0 LEIGH ANN NICAS BOARD DIRECTOR 1.00 X 0 0 0 BRYAN RITZ BOARD DIRECTOR 1.00 X 0 0 0 KELLY KENNEDY BOARD DIRECTOR 1.00 X 0 0 0 JODY GOFF DIRECTOR OF FINANCE and OPS/CFO 40.00 X 146477 0 17668 KURT UNRUH HEAD OF SCHOOL/CEO 40.00 X 495894 0 31418 ARIE RINGNALDA DIRECTOR OF ARTS and MEDIA 40.00 X 117722 0 23680 GARY FISHER ASST. HEAD OF SCHOOL 40.00 X 137163 0 19964 DONNA GREGO-HEINTZ DIRECTOR OF ORGANIZATIONAL DEVELOPMENT 40.00 X 101981 0 19019 JAMIE HEINER DIRECTOR OF ATHLETICS 40.00 X 108229 0 20266 REBECCA JOHNSON DIRECTOR OF STRATEGIC ENGAGEMENT 40.00 X 123190 0 6151 1230656 0 138166 7 0 1 0 COMPASS GROUP USA PO BOX 417632 BOSTON MA 02241 FOOD SERVICES 389928 PIKE ENTERPRISES 80 CAMINO DEL RIO STE 3 GUNNISON CO 81230 CUSTODIAL SERVICES 269702 JSR NICHE ENTERPRISES 5724 S NOME STREET ENGLEWOOD CO 80111 IT SERVICES 135357 3 403400 3539323 3942723 TUITION REVENUE 611600 22375964 22375964 AUXILIARY REVENUE 611710 3147028 3147028 25522992 110157 110157 45501 14304 31197 31197 31197 11860 0 11860 11860 11860 143410 403400 86931 56479 56479 182310 162835 19475 19475 29694883 25522992 0 229168 2329566 2329566 705305 444970 260335 12495990 10557226 1841041 97723 501061 413747 81072 6242 2110408 1724179 339734 46495 970398 779076 166112 25210 19496 19496 36660 36660 447906 239311 151742 56853 100159 72776 27383 126416 40454 82271 3691 539738 501956 37782 1233454 1029362 204092 18723 18723 30366 19066 5686 5614 11736 11736 3346211 3111976 234235 170280 158360 11920 CURRICULAR ACTIVITIES 2487293 2419855 67438 AUXILIARY SERVICES 1506665 1506665 MISSIONS/OUTREACH 1440882 1430116 10766 PROF. DEVELOPMENT 147718 115361 30416 1941 252890 51664 182136 19090 31029321 26500716 3927207 601398 3527042 4832059 7743326 6745738 114386 155459 70386 110737 267512 220713 112906788 31544818 83014393 81361970 84650 184650 94821695 93611326 1859063 1560973 9198375 9619491 11057438 11180464 X 82019205 81216424 1745052 1014392 200046 83764257 82430862 94821695 93611326 -1334438 1043 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2200000 421 2200421 0.90910 0.09090 0 0 8859915 8859915 93683666 25686766 67996900 10276542 5858052 4418490 86665 86665 81361970 X 27630430 1043 264070 265113 27365317 2329566 2329566 29694883 28963825 264070 264070 28699755 2329566 2329566 31029321 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AND IS EXEMPT FROM TAX UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2019 AND 2018, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 86,931. SCHOOL STORE COGS 162,835. RENTAL EXPENSE 14,304. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 2,329,566. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 86,931. SCHOOL STORE COGS 162,835. RENTAL EXPENSE 14,304. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 2,329,566. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 A STATEMENT DECLARING OUR RACIALLY NONDISCRIMINATORY POLICY IS PLACED ON OUR WEBSITE. DENIM and DIAMONDS AUCTION 407655 361705 45950 11589 25489 TASTE OF DISCOVERY 86680 0 86680 2922 4259 1 52475 41695 10780 2000 9172 25200 6300 546810 403400 143410 2000 9172 39711 36048 86931 56479 1 TUITION ASSISTANCE 292 2329345 PART I, LINE 2: TUITION ASSISTANCE AWARDS ARE PROCESSED WITH THE USE OF A THIRD-PARTY VERIFIER TO DETERMINE FINANCIAL NEED. A COMMITTEE OF INDIVIDUALS, ASSIGNED BY THE BOARD OF EDUCATION, DETERMINES ALL AWARDS BASED ON FINANCIAL NEED. THE STUDENTS THAT RECEIVE TUITION ASSISTANCE DO NOT RECEIVE ACTUAL FUNDS FROM THE ORGANIZATION. INSTEAD, THE TUITION ASSISTANCE IS APPLIED AS A DECREASE TO THE RECIPIENT'S TUITION FEES AND HENCE THE ORGANIZATION IS ABLE TO ENSURE THAT THE ASSISTANCE IS USED FOR ITS INTENDED PURPOSE. X X X X 0 0 0 0 0 0 0 0 0 JODY GOFF DIRECTOR OF FINANCE and OPS/CFO 119467 0 26875 0 135 0 0 0 17668 0 164145 0 0 0 KURT UNRUH HEAD OF SCHOOL/CEO 324898 0 131875 0 39121 0 13750 0 17668 0 527312 0 0 0 GARY FISHER ASST. HEAD OF SCHOOL 127788 0 9375 0 0 0 7067 0 12897 0 157127 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 KYLEE LOURIE AND KEVIN MCVANEY HAVE A FAMILY RELATIONSHIP (BROTHER/SISTER). FORM 990, PART VI, SECTION B, LINE 11B ALL BOARD MEMBERS RECEIVE A COPY OF THE FORM 990, WITH THE EXCEPTION OF THE SCHEDULE OF CONTRIBUTORS, TO REVIEW IN ADVANCE AND BEFORE THE FORM 990 IS FILED. THE TAX RETURN PREPARER PRESENTS THE FORM 990 TO THE AUDIT COMMITTEE FOR A DETAILED REVIEW. THE ORGANIZATION MAINTAINS A HIGHLY CONFIDENTIAL POSTURE IN REGARDS TO ITS SCHEDULE OF CONTRIBUTORS. AS A SCHOOL, THE DYNAMICS BETWEEN DONORS, PARENTS, FACULTY AND STAFF CAN BE CONCERNING WHEN KNOWLEDGE OF DONOR GIVING IS PRESENT. WE HAVE DETERMINED IT IS IN THE BEST INTEREST OF THE ORGANIZATION TO MAINTAIN A CONFIDENTIAL POSTURE TOWARDS DISCLOSURE OF CONTRIBUTORS. THE SCHEDULE OF CONTRIBUTORS IS PREPARED BY THE ORGANIZATION'S FINANCE MANAGER AND IS REVIEWED BY THE CFO, CEO, BOARD CHAIR AND TAX RETURN PREPARER ONLY. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, EACH BOARD MEMBER SIGNS A COPY OF THE CONFLICT OF INTEREST POLICY AFFIRMING THAT HE HAS RECEIVED THE CONFLICT OF INTEREST POLICY AND HAS DISCLOSED WHETHER ANY CONFLICTS OF INTEREST EXIST. IT IS THE DUTY OF EACH BOARD MEMBER TO DISCLOSE WHETHER ANY CONFLICTS OF INTEREST EXIST WHEN THE BOARD IS CONSIDERING A PROPOSED TRANSACTION OR ARRANGEMENT. IF ANY CONFLICTS OF INTEREST EXIST, THE BOARD MEMBER RECUSES HIMSELF FROM THE MEETING. THE REMAINING BOARD MEMBERS DISCUSS THE PROPOSED TRANSACTION OR ARRANGEMENT AND VOTE WHETHER IT IS IN THE BEST INTEREST OF THE ORGANIZATION TO CONTINUE WITH THE PROPOSED TRANSACTION OR ARRANGEMENT THAT GAVE RISE TO THE CONFLICT OF INTEREST OR WHETHER IT SHOULD PURSUE A SIMILAR TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS DETERMINED FOR THE CEO BY THE GOVERNANCE COMMITTEE OF THE BOARD OF EDUCATION. THE GOVERNANCE COMMITTEE IS RESPONSIBLE FOR OVERSEEING AND REVIEWING THE COMPENSATION FOR THE CEO USING COMPARATIVE DATA FROM SIMILARLY SITUATED PRIVATE INDEPENDENT SCHOOLS BASED ON SIZE AND COMPLEXITY ON A NATIONAL BASIS. APPROPRIATE DOCUMENTATION OF THE COMPENSATION PROCESS IS MAINTAINED FOR THE CEO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C THE OVERSIGHT PROCESS OR SELECTION PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR DURING THE CURRENT TAX YEAR.