2022-09-15T16:23:03-05:00 2021-12-31 320025877 Abare Kresge & Associates CPAs 1200 Plantation Island Drive St Augustine FL 32080 990 2021-01-01 591558791 Holy Trinity Episcopal School of Gainesville Inc HOLY 3523772290 301 North Main St Gainesville FL 32601 Cathy Dawson President 3523772290 2022-09-15 1 Cathy Dawson 999009999 William T Abare III CPA P00120073 9044600747 2022-09-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Cathy Dawson 301 North Main St Gainesville FL 32601 1162116 0 X www.htesgnv.org X 1974 FL To provide pre-school education for children 6 weeks to 5 years in order to develop each child to his or her potential spiritually, intellectually, and socially that each may grow in grace and freedom through knowledge and lead a healthy, productive, and meaningful life. 14 14 44 0 0 0 284906 141644 862714 951670 0 0 75212 68802 1222832 1162116 0 0 0 0 774681 754639 0 0 0 282632 269695 1057313 1024334 165519 137782 2537167 2615775 392728 333554 2144439 2282221 To provide pre-school education for children 6 weeks to 5 years in order to develop each child to his or her potential spiritually, intellectually, and socially that each may grow in grace and freedom through knowledge and lead a healthy, productive, and meaningful life. 0 0 858583 1020135 To nurture, develop and prepare each child to his or her potential spiritually, intellectually, and socially that each may grow in grace and freedom through knowledge and lead a healthy, productive, and meaningful life. 858583 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 1 8 0 1 44 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X Jason Hill 3523772290 301 North Main St Gainesville FL 32601 X Mary Ann Myrand Secretary 5.00 X X 0 0 0 Robert Hicks Trustee 4.00 X 0 0 0 Darla Boyd Trustee 4.00 X 0 0 0 Ann Mullally Trustee 4.00 X 0 0 0 Marion Radson Trustee 4.00 X 0 0 0 Willa Wolcott Trustee 4.00 X 0 0 0 Fr Fletcher Montgomery Clergy 4.00 X 0 0 0 Nancy Wood Trustee 8.00 X 0 0 0 Ann Beshore Trustee 4.00 X 0 0 0 Cathy L Dawson President 6.00 X X 0 0 0 Danielle Muller Parent Representative 4.00 X X 0 0 0 Kellie Pintado trustee 4.00 X 0 0 0 Bruce Hoffman trustee 4.00 X 0 0 0 Ann Pierson trustee 4.00 X 0 0 0 0 0 0 0 0 0 0 0 71344 70300 141644 Registration and fees 611110 951670 951670 951670 337 0 337 337 Forgiveness of related 611110 60000 60000 Miscellaneous income 611110 8465 8465 68465 1162116 1020135 0 337 700549 554638 145911 54090 43147 10943 1809 1809 2734 2734 58459 49690 8769 35297 35297 Building maintenance an 76764 76764 Supplies 26522 26522 Utilities 25829 25829 Grants and scholarships 22366 22366 19915 19787 128 1024334 858583 165751 0 437760 459457 112312 20275 23333 79 79 2595804 575210 2079053 2020594 2537167 2615775 32728 33554 360000 300000 392728 333554 X 2134426 2268328 10013 13893 2144439 2282221 2537167 2615775 137782 0 X 0 0 0 X 479900 479900 1877269 361236 1516033 24806 23039 1767 213829 190935 22894 2020594 Due to related party 300000 300000 X Part X, Line 2: The School has adopted FASB ASC 740-10, Accounting for Income Taxes, which clarifies the accounting for uncertainty in income taxes recognized in an entity's financial statements. The interpretation prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Based on analyses of various federal and state filing positions of the School, management believes that its income tax filing positions and deductions are well documented and supported. As of December 31, 2021, the School had no temporary differences relating to the recognition of income and expenses for financial and tax reporting purposes. Accordingly, no deferred tax assets or liabilities are recorded. Additionally, as of December 31, 2021, the School had no uncertain tax positions that would qualify for either recognition or disclosure in the financial statements. Therefore, no reserves for uncertain income tax positions have been recorded pursuant to FASB ASC 740-10. In addition, no cumulative effect adjustment related to the adoption of FASB ASC 740-10 was recorded. There have been no increases or decreases in unrecognized tax benefits for current or prior years since the date of adoption. Furthermore, no interest or penalties have been included since no reserves were recorded and no significant increases or decreases are expected to occur within the next 12 months. When applicable, such interest and penalties will be reported as income tax expense. Since tax matters are subject to some degree of uncertainty, there can be no assurance that the School's tax returns will not be challenged by the taxing authorities and that the School will not be subject to additional tax, penalties, and interest as a result of such challenge. At December 31, 2021, the periods that remain open to examination under federal statute are for the tax years ended December 31, 2018 through 2020. As of December 31, 2021, management is unaware of any pending or threating challenges. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 6 The school receives voluntary prekindergarten education and tuition funding from the early learning coalition funds which are funded through the state of Florida. The school provides preschool education for eligible students. In calendar year 2021, the Early Learning Coalition of Alachua County, acting on behalf of the Florida Department of Education, Division of Early Leaning, distributed emergency federal and state funds to provide financial assistance to eligible child care centers to address unique financial issues relating to the COVID-19 crisis. In this regard, the School applied for and received financial assistance under the Cares IV, V and Vi grant programs in the amounts of $3,250, $19,500 and $48,594 respectively. On information and belief, these grant funds are not required to be refunded or repaid to the grantors as long as the School appropriates and spends the funds in accordance with the terms of the particular grant fund program. Form 990, Part VI, Section A, line 6 The members of the Organization consist of the persons now holding the offices of Rector, Wardens and Vestery Members of the Holy Trinity Parish and their successors. Form 990, Part VI, Section A, line 7a The members of the Organization elect the members of the governing body. Form 990, Part VI, Section B, line 11b The Board of Trustees is given Form 990 to review before it is submitted to the Internal Revenue Service. Form 990, Part VI, Section B, line 12c Organization requires trustees to disclose any related party transactions and sign yearly conflict of interest policies Form 990, Part VI, Section B, line 15a The School takes into consideration years of experience and degrees, an analysis of comparable positions and salaries in the ACPS are compared to the salary earned as Head of School. The Executive Committee of the Board of Trustees looks at the salaries of those in the public schools with comparable positions, evaluations, and success in meeting his/her goals. The Executive Board then recommends to the Entire Board of Trustees a percentage increase. With Board approval, the Head of School's salary is adjusted. Form 990, Part VI, Section C, line 19 Available upon request.