2024-05-24T17:18:58-04:00 2023-07-31 472687081 Roberts & McGee CPA 104 Pine Street Suite 710 Abilene TX 79601 990 2022-08-01 752137523 Abilene Christian School Inc ABIL 2550 Judge Ely Blvd Abilene TX 79601 Kirk Wade PresidentExec 3256729200 2024-05-24 false Kirk Wade Stacey McGee P00236663 3257019502 2024-05-24 0 00 AAL2 IAL1 2022 2023-04-26 12:10:37Z Kirk Wade 7186586 false X www.abilenechristian.com X 1986 TX The mission of Abilene Christian School, Inc. is to equip students to excel academically, serve meaningfully, and walk faithfully with God. 12 12 106 0 0 1566919 1067297 3880727 4261134 145691 26052 134584 292665 5727921 5647148 711236 772383 0 2200234 2272358 0 100559 1241105 1586080 4152575 4630821 1575346 1016327 9323680 19759102 1966398 11947222 7357282 7811880 The mission of Abilene Christian School, Inc. is to equip students to excel academically, serve meaningfully, and walk faithfully with God. false false 3806389 4261134 Abilene Christian School is a private Primary and secondary institution of learning; offering curriculum which leads to a high school diploma recognized by the Texas Education Agency. 3806389 true true false false false false false false false true true false false false false false true false true false false false false false true false false false true false false false false false true false false false true false false false false false false false false false true 37 0 true 106 true false false false false false false false false false false false false X 12 12 false false false true false false false true true false false true true true true true true true false false X X Kirk Wade 3256729200 2550 Judge Ely Blvd Abilene TX 79601 Kirk Wade PresidentExec Director 40.00 0.00 X 132124 0 0 John L Estes III Trustee 1.00 0.00 X 0 0 0 Samantha Adkins Director 1.00 0.00 X 0 0 0 Lisa Rhodes Trustee 1.00 0.00 X 0 0 0 Holly Racca Director 1.00 0.00 X 0 0 0 Charles Anderson Trustee 1.00 0.00 X 0 0 0 Kristian Allen Trustee 1.00 0.00 X 0 0 0 Neal Coates Trustee 1.00 0.00 X 0 0 0 Craig Patteson Director 1.00 0.00 X 0 0 0 Boone Martin Assistant Secretary 1.00 0.00 X X 0 0 0 Eric Gumm Vice Chair 1.00 0.00 X X 0 0 0 Greg Straughn Chairman 1.00 0.00 X X 0 0 0 Stacey McGee Secretary 1.00 0.00 X X 0 0 0 132124 0 0 1 false false false 31105 109304 926888 220892 1067297 Tuition 611600 3828257 3828257 Registration and Fees 611600 234888 234888 Cafeteria Income 611600 130206 130206 After School Care 611600 67783 67783 4261134 77327 77327 1438298 1489573 -51275 -51275 -51275 176847 31105 49865 126982 126982 Miscellaneous Revenue 611600 165683 165683 165683 5647148 4426817 0 153034 772383 772383 137200 34300 68600 34300 1865118 1660114 175332 29672 118548 100319 14442 3787 151492 128197 18455 4840 6500 6500 18000 7500 10500 27684 10224 17460 19051 19051 87718 74560 13158 82621 70228 12393 6373 1668 4705 224242 24242 200000 260431 221366 39065 113443 96427 17016 Cafeteria Supplies 111280 111280 Student Activity Supplies 155996 155996 Repairs and Maintenance 109949 93457 16492 Janitorial 80983 68836 12147 281809 193016 88793 4630821 3806389 723873 100559 36343 34337 3960390 3998798 871973 97474 59632 72423 17385790 3529987 2740647 13855803 1654695 1700267 9323680 19759102 536199 1255190 1398118 1552938 32081 9139094 1966398 11947222 X 4726274 6320276 2631008 1491604 7357282 7811880 9323680 19759102 X 1016327 67650 -629379 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1654695 21720 99159 51850 18000 5457 1700267 1797139 30830 -111162 37850 18000 6262 1654695 1465211 32519 360199 37350 18000 5440 1797139 1436969 15500 72020 36400 18000 4878 1465211 1420677 9590 66219 38050 16600 4867 1436969 0.26600 0.49450 0.23950 true false 223700 223700 11118302 2980156 8138146 1093392 549831 543561 4950396 4950396 13855803 4992280 67650 49865 117515 4874765 772383 772383 5647148 3908303 49865 49865 3858438 772383 772383 4630821 Endowment funds intended uses (Part V, line 4) Endowment funds are used for scholarships and for supplementing at the school. Other revenues not included on Form 990 (Part XI, line 2d) Direct fundraising expenses are recognized as a reduction of revenue on the Form 990 and as an expense on the Organizations audited financial statements. Other revenues included on Form 990 (Part XI, line 4b) Expenses for discounts allowed and scholarships provided to students are recognized as reductions of revenue on the financial statements and as expenses on the IRS Form 990. Other expenses not included on Form 990 (Part XII, line 2d) Expenses for discounts allowed and scholarships provided to students are recognized as reductions of revenue on the financial statements and as expenses on the IRS Form 990. Other expenses included on Form 990 (Part XII, line 4b) Direct fundraising expenses are recognized as a reduction of revnue on the Form 990 and as an expense on the Organizations audited financial statements. true true true true true true true false false false false false false false false false false true Auction 207952 31105 176847 500 5000 4600 13548 600 25617 207952 31105 176847 500 5000 4600 13548 600 25617 49865 126982 true Discounts Allowed 403 677673 Tuition Discounts Scholarships & Financial Aid 67 94710 Student aid for tuition 28570 Tuition Discount Discount 650 Tuition Scholarship Discount X 1 220892 FMV false true false Asset material diversion Part VI line 5 In December of 2022, the School discovered that it had been the victim of external wire fraud, due to a 3rd party vendor impersoniation, resulting in a loss of $629,379. This amount is included on the 990 as an other change in net assets since it is not a funtional expense of the school. The School ensured the external origination of the fraud and ensured that proper cyber securities were in place at the time of the incident. The School has also implemented additional internal control measures to prevent future fraudulent attempts. Form 990 governing body review Part VI line 11 Each Board member annually completes a Conflict of Interest Statement. Each member states that they have received, read and are in compliance with the Conflict of Interest Policy. This Statement also allows for any disclosures of any applicable financial interest for themselves as well as any other conflicts they may be aware of. Conflict of interest policy compliance Part VI line 12c The School has a conflict of interest policy that addresses possible conflicts with employees, officers and board members. This policy is reviewed each year by the Board and the Board is required to annually update the form that reports in possible conflicts. Any potential conflicts are reviewed by the Board. CEO executive director top management comp Part VI line 15a The Board of Trustees gathered comparability data from the National Christian Schools Association for purpose of evaluating the Presidents/CEOs salary. Governing documents etc available to public Part VI line 19 They are disclosed upon request. Explanation of other changes in net assets or fund balances Part XI line 9 Loss from fraud of $629,379 not reported on the Statement of Functional Expenses. General explanation attachment Government Grants listed on Line 1e of Form 990 Part VIII, are from the Emergency Assistance to Non-Public Schools (EANS) Grant from the CRRSA Act.