2024-05-15T13:34:33-05:00 2023-06-30 390859910 BAKER TILLY US LLP 1 HIGHWOOD DRIVE TEWKSBURY MA 01876 990 2022-07-01 873800742 TELOS CLASSICAL FOUNDATION TELO 6175120714 7375 SILVER CREEK ROAD PARK CITY UT 84098 STEPHANIE MURRAY PRESIDENT 6175120714 2024-05-15 1 STEPHANIE MURRAY 999009999 0 X MATTHEW KALIL CPA MBA P01517069 9785575300 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEPHANIE MURRAY 7375 SILVER CREEK ROAD PARK CITY UT 84098 803257 0 X WWW.TELOSCLASSICALACADEMY.ORG X 2022 UT THE MISSION OF TELOS CLASSICAL FOUNDATION IS TO DEVELOP STUDENT'S ACADEMIC POTENTIAL AND PURPOSE BY NURTURING THEIR MIND, SOUL, AND BODY, EMPOWERING THEM TO PURSUE WISDOM AND VIRTUE FOR THE REST OF THEIR LIVES. TELOS CLASSICAL FOUNDATION WILL AIM TO EDUCATE CHILDREN IN KINDERGARTEN THROUGH 8TH GRADE USING A CLASSICAL CURRICULUM THAT INCLUDES LATIN, MATH, LITERATURE, GRAMMAR, PENMANSHIP, WRITING, LOGIC, CLASSICAL STUDIES, AND HISTORY. THE SCHOOL DAY RUNS FROM 8:45 TO 3:35, MONDAY THROUGH THURSDAY. ON FRIDAYS, THE SCHOOL OFFERS CLASSES FROM 9-NOON IN HANDS-ON, EXPERIENTIAL SUBJECTS SUCH AS SEWING, WOODWORKING, MUSIC, GYMNASTICS, ETC. 3 1 14 30 0 0 56923 264921 47260 538336 0 0 0 0 104183 803257 0 84571 0 0 52731 382432 0 0 0 64359 213685 117090 680688 -12907 122569 8685 42230 78265 36163 -69580 6067 OUR MISSION IS TO DEVELOP STUDENTS' LIFELONG HABITS OF MORAL AND INTELLECTUAL VIRTUE WITH THE AIM OF GROWING IN KNOWLEDGE AND LOVE OF GOD AND NEIGHBOR. 0 0 510291 84571 538336 DURING THE FISCAL YEAR, THE ORGANIZATION HAD THE FOLLOWING ACCOMPLISHMENTS -1. ENROLLED 42 STUDENTS 2. 42 STUDENTS SUCCESSFULLY SANG A 13 MINUTE SONG AT THE END OF THE YEAR ABOUT HISTORY THAT INCLUDED 161 HISTORICAL EVENTS FROM CREATION TO SEPT 11, 2001. 3. WE LAUNCHED A FRIDAY COMMON ARTS PROGRAM INCLUDING WOODWORKING, ENGINEERING, CULINARY, ARTS, HORSEBACK RIDING, MUSIC LESSONS, AND SEWING IN WHICH STUDENTS ENROLLED CAN LEARN HANDS-ON SKILLS NOT OFTEN TAUGHT TODAY IN SCHOOLS OR AT HOME. 510291 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 14 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 1 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 6175120714 7375 SILVER CREEK ROAD PARK CITY UT 84098 BRIDGET MURRAY SECRETARY 2.00 X X 0 0 0 MICHAEL MURRAY TREASURER 2.00 X X 0 0 0 STEPHANIE MURRAY PRESIDENT 40.00 X X 0 0 15162 0 0 15162 0 0 0 0 0 264921 264921 TUITION AND RELATED FE 611710 538336 538336 538336 803257 538336 0 0 X 84571 84571 15162 15162 292738 214315 78423 30044 20912 9132 44488 30966 13522 2500 2500 40401 40401 70701 69953 748 4163 4163 8995 7196 1799 23996 19197 4799 5796 4637 1159 2352 1882 470 3886 3109 777 1229 983 246 PROGRAM EXPENSES 42392 42392 BANK & MERCHANT FEES 4324 3459 865 LICENSES, DUES & SUBSCR 1100 880 220 EVENTS 978 978 872 698 174 680688 510291 170397 0 8063 27369 443 14637 224 179 8685 42230 70212 10523 8053 25640 78265 36163 X -69580 6067 -69580 6067 8685 42230 122569 -46922 0 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 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 ORGANIZATION PUBLICIZES THE POLICY ON ITS SCHOOL WEBSITE AND SAYS THE FOLLOWING: THE ORGANIZATION DOES NOT DISCRIMINATE ON THE BASIS OF AGE, RACE, SEX, COLOR, NATIONAL ORIGIN, DISABILITY, OR ANY OTHER LEGALLY PROTECTED STATUS IN ANY OF ITS ACTIVITIES OR OPERATIONS. THESE ACTIVITIES INCLUDE, BUT ARE NOT LIMITED TO, SELECTION OF SCHOLARSHIP AWARDS, HIRING AND FIRING OF STAFF, SELECTION OF VENDORS AND VOLUNTEERS, AND PROVISION OF SERVICES. 1 DISCOUNTS FOR CHILDREN OF FACULTY OR MINISTRY 8 59100 0 DIRECT FINANCIAL AID 4 25471 0 PART I, LINE 2: FOR FINANCIAL AID, OUR SCHOOL USES A SOFTWARE CALLED FACTS THAT REQUIRES 1040'S, W-2'S, AND OTHER SUPPORTING DOCUMENTATION FOR ANY FAMILY REQUESTING FINANCIAL AID. FACTS CRUNCHES THE NUMBERS AND PROVIDES AN AMOUNT OF TUITION THAT THEY BELIEVE THE FAMILY CAN AFFORD. THE SCHOOL USES THIS RESULT TO HELP DISTRIBUTE FINANCIAL AID FROM OUR AVAILABLE SCHOLARSHIP FUNDS BASED ON THOSE NUMBERS. FOR TUITION DISCOUNTS, THE SCHOOL'S POLICY IS THE FOLLOWING: 1. CHILDREN OF FULL-TIME STAFF AND FACULTY MEMBERS RECEIVE HALF OFF TUITION. 2. CHILDREN OF FULL-TIME PASTORS RECEIVE 25% OFF TUITION FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS MICHAEL MURRAY AND STEPHANIE MURRAY ARE A MARRIED COUPLE. BOARD MEMBERS MICHAEL MURRAY AND BRIDGET MURRAY ARE BROTHER AND SISTER. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 DRAFT IS PROVIDED TO THE BOARD OF DIRECTORS. THE FORM 990 IS REVIEWED AND APPROVED BY THE FOUNDATION'S TREASURER AND PRESIDENT PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY EVALUATING SITUATIONS AS THEY ARISE FOR POSSIBLE CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE EXECUTIVE DIRECTOR DID NOT RECEIVE A SALARY DURING FISCAL YEAR FY23, BUT RECEIVED PAID HEALTH BENEFITS DURING THE YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 60,691. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 60,691. PAYROLL FEES: PROGRAM SERVICE EXPENSES 1,713. MANAGEMENT AND GENERAL EXPENSES 748. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,461. RECRUITMENT: PROGRAM SERVICE EXPENSES 7,549. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,549.