2025-06-16T07:41:07-05:00 2024-07-31 161131146 BONADIO & CO LLP 7557 RAMBLER RD SUITE 600 DALLAS TX 75231 990 2023-08-01 752784724 FAITH CHRISTIAN SCHOOL INC FAIT 8178132484 730 E WORTH STREET GRAPEVINE TX 76051 ED SMITH PRESIDENT, CEO 8178132484 2025-06-12 1 1 PAUL KNUTSON P00542807 5853811000 2025-06-12 2023 2025-03-06 01:10:19Z GRAPEVINE FAITH CHRISTIAN SCHOOL ED SMITH 730 E WORTH STREET GRAPEVINE TX 76051 20868865 0 X WWW.GRAPEVINEFAITH.COM X 1999 TX FAITH CHRISTIAN SCHOOL EXISTS TO DEVELOP AND GRADUATE AUTHENTIC CHRISTIAN LEADERS. 11 11 271 500 0 0 2324862 3317844 15489556 16513217 226029 296457 115237 3936 18155684 20131454 629029 796560 0 0 10939457 11538820 155001 233933 880009 5601145 5529544 17324632 18098857 831052 2032597 41484542 42332271 23090426 21938232 18394116 20394039 FAITH CHRISTIAN SCHOOL EXISTS TO DEVELOP AND GRADUATE AUTHENTIC CHRISTIAN LEADERS, WITH PURPOSEFUL AND INTENTIONAL TEACHING OF STUDENTS TO PURSUE CHRIST, INFUSE THE SCRIPTURE IN LEARNING AND LIVING, AND ENGAGE THE CULTURE FOR CHRIST. 0 0 14091867 548292 16683083 FAITH CHRISTIAN SCHOOL PROVIDES HIGH QUALITY ACADEMICS, ATHLETICS, AND CREATIVE ARTS SERVING A STUDENT POPULATION OF APPROXIMATELY 800 STUDENTS. FAITH OFFERS NUMEROUS ADVANCE PLACEMENT CLASSES, DUAL CREDIT COURSES, HONORS PROGRAMS AND AN EXTENSIVE PROGRAM SERVING THOSE STUDENTS WITH LEARNING DIFFERENCES. THE ELEMENTARY READING PROGRAM FOCUSES ON INDEPENDENT AND ANALYTICAL COMPREHENSION OF LITERATURE. ALL GRADES PARTICIPATE IN FIELD TRIPS AND CLASS ACTIVITIES OUTSIDE THE CLASSROOM IN ORDER TO BROADEN AND ENHANCE THE LEARNING EXPERIENCE. BIBLICAL INTEGRATION AND PARENTAL INVOLVEMENT IS INTEGRAL TO THE EDUCATION PROCESS AT FAITH CHRISTIAN SCHOOL. LEADERSHIP TRAINING BEGINS IN KINDERGARTEN AND CONTINUES UNTIL GRADUATION. 248268 248268 FAITH CHRISTIAN SCHOOL PROVIDES SUPPORT TO FAITH CHURCH OF GRAPEVINE. FAITH CHURCH OF GRAPEVINE PROVIDES ADDITIONAL TRAINING AND EDUCATION FOR THOSE STUDENTS INTERESTED IN CHRISTIAN LEADERSHIP AND MINISTRY, CONDUCTS PRAISE AND WORSHIP SERVICES FOR THE STUDENTS, STAFF MEMBERS, AND FAMILIES OF FAITH CHRISTIAN SCHOOL, AND PARTICIPATES AND FINANCIALLY SUPPORTS LOCAL, NATIONAL AND INTERNATIONAL MISSIONS. 14340135 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 0 1 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 1 0 0 0 1 57 0 1 271 1 0 0 0 0 0 1 1 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DAVID ARMSTRONG 8178132484 730 E WORTH STREET GRAPEVINE TX 76051 BRUCE WILSON EX-OFFICIO 2.00 X 0 0 0 BOBBY BECK TRUSTEE 2.00 X 0 0 0 JOHN SURVIL TRUSTEE 2.00 X 0 0 0 MICHAEL SIMPSON TRUSTEE 2.00 X 0 0 0 CARRIE NORMAN TRUSTEE 2.00 X 0 0 0 JONATHAN STITES TRUSTEE 2.00 X 0 0 0 BRIAN MIRAU TRUSTEE 2.00 X 0 0 0 JON CHASTEEN TRUSTEE 2.00 X 0 0 0 BRIAN WILLIAMS TRUSTEE, CHAIRMAN 4.00 X 0 0 0 SHEILA FAIRLY TRUSTEE 3.00 X 0 0 0 COURTNEY ATWOOD TRUSTEE 2.00 X 0 0 0 CHRIS MCDOWELL TRUSTEE 2.00 X 0 0 0 ED SMITH PRESIDENT, CEO 30.00 20.00 X 202638 151744 0 KEITH HALL HIGH SCHOOL PRINCIPAL 40.00 X 103471 0 0 JON BROOKS VP STUDENT DEVELOPMENT 20.00 20.00 X 0 136167 0 DAVID ARMSTRONG VP FINANCE & OPERATIONS 40.00 X 130881 0 0 JEFFREY MICHAEL HORNER VP OF ACADEMICS 40.00 X 130438 0 0 MICHELLE TAYLOR DIRECTOR OF COLLEGE & ACADEMIC ADVISING 40.00 X 118607 0 0 686035 287911 0 5 0 1 0 BIRCH CONSTRUCTION 4403 N CENTRAL EXPRESSWAY DALLAS TX 75205 CONSTRUCTION SERVICES 596118 EPIC RESOURCE GROUP 1919 WALL STREET DALLAS TX 75215 AUDIO VISUAL EQUIPMENT SUPPLIER 419238 FRANSEN PITTMAN 11101 NORTH STEMMONS FREEWAY DALLAS TX 75229 CONSTRUCTION SERVICES 285251 BEN E KEITH DFW 7650 WILL ROGERS BLVD FORT WORTH TX 76140 FOOD AND BEVERAGE PRODUCTS 254116 GA FENCE INC 3161 N MAIN ST MANSFIELD TX 76063 FENCING AND LAWN MAINTENANCE 215571 11 486245 2831599 402640 3317844 TUITION AND FEES 611110 15940311 15940311 FOOD SERVICES 722210 572906 572906 16513217 292097 292097 265100 97672 167428 167428 167428 4360 0 4360 4360 4360 202119 486245 368049 -165930 -165930 265362 271690 -6328 -6328 OTHER INCOME 611110 8766 8766 8766 20131454 16683083 0 130527 248268 248268 542630 542630 5662 5662 8847062 7111557 1404624 330881 233248 187310 37053 8885 1827457 1562093 225032 40332 631053 507110 99937 24006 7421 7421 25925 25925 233933 233933 48490 12073 16350 20067 88885 88885 109054 42413 61428 5213 245195 245195 996032 815395 180204 433 193240 128013 63315 1912 55492 25784 29708 263537 197652 52707 13178 1692685 1259360 349368 83957 FOOD SERVICES 558716 558716 STUDENT AND GROUP ACTIV 451546 451546 ATHLETICS AND CREATIVE 384650 384650 CURRICULUM AND CLASSROO 299903 299903 108773 80446 28327 18098857 14340135 2878713 880009 789096 592727 6858343 6937644 6951670 7338280 160079 164278 207318 135140 36803133 15897942 22418876 20905191 875510 557069 3223650 5701942 41484542 42332271 944800 704429 13458597 13544727 8031229 7689076 655800 0 23090426 21938232 X 17377290 18132698 1016826 2261341 18394116 20394039 41484542 42332271 2032597 33186 -65860 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 489749 2876217 43484 15868 1127682 4559 2261341 478767 10982 489749 532711 -53944 478767 468145 64566 532711 440315 27830 468145 0.77323 0.15874 0.06803 0 0 632390 4027831 4660221 434181 28715956 13392341 15757796 2242324 1965836 276488 750451 539765 210686 20905191 CONSTRUCTION IN PROCESS 5701942 5701942 20798693 33186 639715 672901 20125792 5662 5662 20131454 18732910 639715 639715 18093195 5662 5662 18098857 PART V, LINE 4: EARNINGS FROM THE ENDOWMENT ARE TO PROVIDE TUITION ASSISTANCE FOR FAMILIES WITH FINANCIAL NEEDS. EARNINGS HAVE BEEN ADDED TO THE ENDOWMENT IN ORDER TO GROW TO A TARGETED AMOUNT. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES INCLUDED ON PART VIII 97,672. DIRECT FUNDRAISING EXPENSES INCLUDED ON PART VIII 270,353. DIRECT COST OF GOODS SOLD INCLUDED ON PART VIII 271,690. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANT - FLOWTHROUGH TO FOREIGN CHARITABLE ORGANIZATION 5,662. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES INCLUDED ON PART VIII 97,672. DIRECT FUNDRAISING EXPENSES INCLUDED ON PART VIII 270,353. DIRECT COST OF GOODS SOLD INCLUDED ON PART VIII 271,690. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT - FLOWTHROUGH TO FOREIGN CHARITABLE ORGANIZATION 5,662. SCHEDULE D, PART V STARTING WITH THE 7/31/24 YE, THE ENDOWMENT FUNDS WILL INCLUDE ALL THE FUNDS THAT HAVE DONOR RESTRICTIONS, PER THE AUDIT REPORT. 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 NONDISCRIMINATORY POLICY IS IN ALL ADMISSIONS PACKETS AND THE NONDISCRIMINATORY STATEMENT IS IN NUMEROUS SELECT NEWSPAPERS, MAILER, AND OTHER ADVERTISEMENTS FOR THE SCHOOL AND FOR THE OPEN HOUSES FOR OUR PROSPECTIVE STUDENTS AND FAMILIES. THESE ADS ARE FAR-REACHING TO THE GENERAL PUBLIC. ADDITIONALLY, THE NONDISCRIMINATORY POLICY IS ON OUR ADMISSIONS SECTION OF OUR WEBSITE AND IS STATED IN OUR FINANCIAL AID POLICY. 0 0 0 0 0 0 0 0 0 0 SOUTH ASIA TO ASSIST IN CHARITABLE PURPOSE 5662 CHECK 0 FAIR MARKET VALUE 1 0 0 0 0 0 0 X X X X X X 1 MISSION ADVANCEMENT 7850 COLLIN MCKINNEY PARKWAY MCKINNEY TX 75070 EXPERTISE IN CAPITAL CAMPAIGNS FOR NONPROFIT ORGANIZATIONS 0 0 227400 -227400 227400 -227400 ANNUAL GALA 688364 486245 202119 202119 26797 65383 73750 688364 486245 202119 202119 26797 65383 73750 368049 -165930 0 FAITH CHURCH OF GRAPEVINE 730 E WORTH GRAPEVINE TX 76051 204465429 501(C)(3) 248268 0 USE OF SPACE LOCAL AND INTERNATIONAL MISSIONS, CHURCH MINISTRIES, SALARIES OF MINISTERS AND ASSISTANT, LEADERSHIP CLASSES, AND PASTORAL TRAINING GENERAL SCHOLARSHIP 13 111238 PASTORAL SCHOLARSHIP 4 28282 TUITION ASSISTANCE 103 403110 SCHEDULE I, PART I, LINE 2 THE SCHOOL PROVIDES TUITION ASSISTANCE TO QUALIFYING FAMILIES THROUGH AN APPLICATION PROCESS MANAGED BY FACTS, A THIRD-PARTY ADMINISTRATOR. FAMILIES SUBMIT FINANCIAL DOCUMENTS, INCLUDING TAX RETURNS, W-2S, AND A NARRATIVE OF NEED, WHICH ARE REVIEWED BY THE TUITION ASSISTANCE COMMITTEE TO ALLOCATE AID IN A MANNER THAT SUPPORTS AS MANY QUALIFYING FAMILIES AS RESOURCES ALLOW. IN ADDITION TO NEED-BASED ASSISTANCE, THE SCHOOL RECOGNIZES ACADEMIC EXCELLENCE AND OUTSTANDING STUDENT CONTRIBUTIONS THROUGH COLLEGE SCHOLARSHIPS. THE VALEDICTORIAN AND SALUTATORIAN OF EACH GRADUATING CLASS RECEIVE AWARDS, AS WELL AS TO 4-8 OTHER GRADUATING SENIORS SELECTED BY FACULTY, COACHES, AND ADMINISTRATORS BASED ON CHARACTER, LEADERSHIP, AND INVOLVEMENT IN THE ARTS AND ATHLETICS. 1 X X X X X X 0 1 0 0 0 0 0 1 0 ED SMITH PRESIDENT, CEO 202638 86744 0 0 0 65000 0 0 0 0 202638 151744 0 0 PART I, LINE 4B THE SCHOOL ESTABLISHED A 457(F) PLAN FOR THE PRESIDENT IN 2012. THE CURRENT AGREEMENT WAS SIGNED JUNE 30, 2022. HIS ACCOUNT IS CREDITED $30,000 EACH YEAR FOR 7 YEARS. THE PRESIDENT IS FULLY VESTED IN AMOUNTS RELATED TO THE YEARS PRIOR TO THIS CURRENT AGREEMENT AND CAN WITHDRAW FULL AMOUNT AT RETIREMENT OR PARTIAL AMOUNT AS STIPULATED IN AN AMENDMENT TO THE ORIGINAL PLAN. THE PRESIDENT RECEIVED $0.00 FROM THE PLAN DURING THE FISCAL YEAR. ANY AMOUNTS WITHDRAWN HAVE BEEN PREVIOUSLY REPORTED AS DEFERRED COMPENSATION ON PRIOR YEARS' 990. FOR THE FISCAL YEARS 2022-2028, THE PRESIDENT IS NOT VESTED IN THOSE CONTRIBUTIONS IF HE IS TERMINATED FOR CAUSE OR HE RESIGNS EMPLOYMENT VOLUNTARILY PRIOR TO JUNE 30, 2028, EXCEPT FOR FOUR EXCEPTIONS, NOTED IN THE DEFERRED COMPENSATION AGREEMENT. PART I, LINE 7 BONUSES MAY BE PAID AT THE DISCRETION OF THE PRESIDENT BASED SOLELY UPON PERFORMANCE AND MEETING OR EXCEEDING STANDARDS. THE BOARD DECIDES THE ANNUAL DISCRETIONARY BONUS OF THE PRESIDENT BASED UPON PERFORMANCE STANDARDS. A NEWARK CULTURAL EDUCATION FACILITIES 263769964 2015-08-20 10495000 REINANCE PREVIOUS BOND ISSUE 0 0 0 A 2009 0 1 1 1 A 0 0 0 0 0.02000 0.02000 0 0 1 A 0 1 0 1 0 0 0 0 0 A 1 AMALIAK DESIGN HOUSE FAMILY MEMBERS OF OFFICER 7469 PAYMENT FOR EVENT DECOR AND EVENT SETUP 0 INFINITE IMPACT AND IMPACT CONSULTING PRESIDENT ON BOARD OF ORGANIZATION 3370 LEADERSHIP CONSULTING & STUDENT RETREAT 0 ASHLEY KHAN FAMILY MEMBER OF PRESIDENT 57565 EMPLOYEE COMPENSATION 0 X 2 98250 FAIR MARKET VALUE X 5 154348 AVERAGE HIGH/LOW X JEWELRY FOR AUCTION 3 65092 FAIR MARKET VALUE X TRIPS 5 48500 PURCHASE PRICE X OTHER AUCTION ITEMS 30 27200 FAIR MARKET VALUE X MUSICAL INSTRUMENTS 2 9250 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS COMPLETED BY AN OUTSIDE ACCOUNTING FIRM. IT IS REVIEWED BY THE PRESIDENT AND THE FINANCE COMMITTEE OF THE BOARD. AFTER THE RETURN IS APPROVED BY THE PRESIDENT AND THE FINANCE COMMITTEE CHAIR, A COPY OF THE 990 AND ALL SCHEDULES OPEN TO PUBLIC INSPECTION ARE DISTRIBUTED TO EACH BOARD MEMBER BEFORE THE RETURN IS FILED. THE FINANCE COMMITTEE IS RESPONSIBLE FOR ANSWERING ANY QUESTIONS ONCE THE OTHER MEMBERS HAVE HAD AN OPPORTUNITY TO REVIEW THE RETURN. THE DIRECTOR OF FINANCE WILL ASSIST THE FINANCE COMMITTEE CHAIR AS NEEDED. FORM 990, PART VI, SECTION B, LINE 12C AT THE TIME OF NOMINATION AND ACCEPTANCE OF A NEW BOARD MEMBER, ALL POTENTIAL CONFLICTS OF INTEREST ARE DISCLOSED AS REQUIRED BY POLICY AND THE BYLAWS. IT IS THE RESPONSIBILITY OF THE BOARD MEMBER TO DISCLOSE ANY CONFLICT OF INTEREST THAT MY ARISE. THE CFO AND DIRECTOR OF ACCOUNTING MONITOR ALL TRANSACTIONS INVOLVING ANY BOARD MEMBER, OFFICER, OR FAMILY MEMBER. ANY POTENTIAL CONFLICT OF INTEREST IS REVIEWED BY THE FINANCE COMMITTEE AND BROUGHT TO THE ATTENTION OF THE BOARD AS NEEDED. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE GOVERNING BOARD IS RESPONSIBLE FOR DETERMINING AND RECOMMENDING THE COMPENSATION OF THE PRESIDENT. THE COMMITTEE USES SURVEY DATA, CONSULTANTS, 990'S, AD OTHER EXPERTS TO RESEARCH COMPARABLE SALARIES AND BENEFITS OF SIMILAR POSITIONS IN THE MARKET PLACE. ONCE THE COMMITTEE HAS DETERMINED THE COMPENSATION, THE PROPOSED PACKAGE IS REVIEWED BY LEGAL COUNSEL. THE FULL BOARD THEN VOTES ON THE COMPENSATION PACKAGE AND CONTRACT IS ISSUED. THE VOTE OF THE BOARD IS DOCUMENTED IN THE MEETING MINUTES. A NEW CONTRACT WAS ISSUED IN 2021. THE BOARD, VIA BYLAWS AND EXECUTIVE LIMITATIONS HAS GRANTED THE PRESIDENT THE RIGHT TO DETERMINE THE SALARY OF OTHER OFFICERS AND KEY EMPLOYEES WITHIN THE LIMITS AS SET BY THE BOARD APPROVED BUDGET. SURVEY, EXPERTS, AND OTHER 990'S OF SIMILAR ORGANIZATIONS ARE USED BY THE PRESIDENT TO AID IN THAT DETERMINATION. FORM 990, PART VI, SECTION C, LINE 18 THE BUSINESS OFFICE AT THE SCHOOL MAINTAINS A FILE WITH COPIES OF THE GOVERNING DOCUMENTS, BOARD MINUTES, BOARD POLICIES, AUDITED/REVIEWED FINANCIALS, AND 990'S TO BE AVAILABLE UPON VERBAL OR WRITTEN REQUEST. THE 990 AND OTHER BASIC FINANCIAL INFORMATION IS PUBLISHED ON GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE BUSINESS OFFICE AT THE SCHOOL MAINTAINS A FILE WITH COPIES OF THE GOVERNING DOCUMENTS, BOARD MINUTES, BOARD POLICIES, REVIEWED FINANCIALS, AND 990'S TO BE AVAILABLE UPON VERBAL OR WRITTEN REQUEST. THE 990 AND OTHER BASIC FINANCIAL INFORMATION IS PUBLISHED ON GUIDESTAR.ORG. INFINITE IMPACT 1013 HONEYSUCKLE GRAPEVINE TX 76051 263857222 BOYS RANCH & CONSULTING TX 501(C)(3) LINE 10 N/A 0 FAITH CHURCH OF GRAPEVINE 730 E WORTH GRAPEVINE TX 76051 204465429 WORSHIP, MISSIONS, CHURCH LEADERSHIP TRAINING TX 501(C)(3) LINE 1 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 INFINITE IMPACT M 3370 FMV FAITH CHURCH OF GRAPEVINE B 248268 FMV FAITH CHURCH OF GRAPEVINE O 210946 FMV