2024-05-15T12:33:15-05:00 2023-06-30 541149263 YOUNT HYDE & BARBOUR PC PO BOX 2560 WINCHESTER VA 226041760 990 2022-07-01 541780628 AD FONTES EDUCATIONAL TRUST ADFO 7036731145 15452 LEE HIGHWAY CENTREVILLE VA 201202127 RICHARD LEED TREASURER 7036731145 2024-05-13 1 RICHARD LEED 999009999 0 OLIVIA A HUTTON CPA P00964688 5406623417 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z AD FONTES ACADEMY JOSH MCCROSKEY 15452 LEE HIGHWAY CENTREVILLE VA 201202127 2858237 0 X WWW.ADFONTES.COM X 1995 VA SUPPORT FOR CHRISTIAN BASED EDUCATION PROGRAMS. PROVIDE A SCHOOL FOR CHRISTIAN BASED EDUCATION. 8 6 60 60 0 0 192760 200491 2815716 2657464 16 6 0 276 3008492 2858237 464488 445182 0 0 1843542 1659094 0 0 56249 813928 747491 3121958 2851767 -113466 6470 1126305 914471 991866 773562 134439 140909 THE AD FONTES MISSION IS TO GLORIFY GOD BY ASSISTING CHRISTIAN PARENTS IN EQUIPPING THEIR CHILDREN TO BE SERVANT LEADERS THROUGH A CLASSICAL EDUCATION BASED ON ETERNAL BIBLICAL TRUTH. 0 0 2611792 445182 2657740 SUPPORT CHRISTIAN BASED EDUCATION PROGRAMS, INCLUDING OPERATION OF A K-12 SCHOOL, WHICH PROVIDED A CHRISTIAN BASED EDUCATION TO 195 STUDENTS FOR THE 2022/2023 SCHOOL YEAR. 2611792 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 7 0 1 60 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X JULIE JEFFREY 7036731145 15452 LEE HIGHWAY CENTREVILLE VA 20120 SARAH MOUTON CHAIRMAN 3.00 X X 0 0 0 HAL LINDSEY VICE CHAIR 3.00 X X 0 0 0 RICHARD LEED TREASURER 3.00 X X 35000 0 0 KAREN DOUGHERTY SECRETARY 1.00 X X 0 0 0 SAM COX TRUSTEE 1.00 X 10000 0 0 KYLE PERRY TRUSTEE 1.00 X 0 0 0 SANDRA BUSCHING TRUSTEE 1.00 X 0 0 0 TIM HOLDEN TRUSTEE 1.00 X 0 0 0 JOSHUA MCCROSKEY HEAD OF SCHOOL 50.00 X 77500 0 0 BETH STRACHAN INTERIM HEAD OF SCHOOL 50.00 X 46200 0 0 168700 0 0 0 0 0 0 0 200491 22877 200491 TUITION AND FEES 611110 2568992 2568992 STUDENT ACTIVITY FEES 611710 88472 88472 2657464 6 6 MISC REVENUE 900099 276 276 276 2858237 2657740 0 6 445182 445182 168700 33740 118090 16870 1291748 1247271 38245 6232 76112 68699 6443 970 122534 110597 10373 1564 10575 10575 5829 5829 172852 170029 2823 213546 213546 34197 34197 12248 12248 59812 59812 22165 22165 SCHOOL EVENTS AND EXTRA 86538 86538 CLASSROOM AND CURRICULU 70116 70116 OTHER EXPENSES 47620 19830 27790 ASSOCIATION DUES AND AC 11993 11993 2851767 2611792 183726 56249 230277 76647 1365 2220 1268160 440533 885519 827627 9144 7977 1126305 914471 177476 73492 15529 253845 266018 545016 434052 991866 773562 X 134439 140909 134439 140909 1126305 914471 6470 0 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 660761 130087 530674 542844 271425 271419 64555 39021 25534 827627 DEFERRED TUITION AND FEES 434052 434052 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NOTIFICATION HAS BEEN MADE ON THE WEBSITE AND HANDBOOKS. 1 TUITION REDUCTION/FINANCIAL AID 140 445182 REDUCTION FROM PUBLISHED TUITION CHARGES SEE DESCRIPTION BELOW IN PART IV SARAH LEED WIFE OF BOARD MEMBER 16412 EMPLOYEE COMPENSATION PAYMENTS 0 FORM 990, PART VI, SECTION B, LINE 11B 990 REVIEW (BY BOARD BEFORE FILING) - DESCRIPTION OF STEPS TAKEN I. ONCE THE 990 IS PREPARED, IT IS SENT ELECTRONICALLY TO ALL TRUSTEES. II. ALL TRUSTEES ARE RESPONSBILE TO REVIEW THE FORM 990, TAKING THIS OPPORTUNITY TO PROVIDE THE ORGANIZATION WITH ESSENTIAL, HANDS-ON LEADERSHIP. III. THE TRUSTEES SEND WRITTEN COMMENTS REGARDING FORM 990 OR A SIMPLE STATEMENT OF APPROVAL TO THE BOARD TREASURER. IV. THE TREASURER SENDS COPIES OF ALL COMMUNICATION FROM THE TRUSTEES TO THE BUSINESS MANAGER. THESE COPIES ARE RETAINED WITH THE ORGANIZATION'S COPY OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY - DESCRIPTION OF COMPLIANCE MONITORING I. ANY AFET TRUSTEE OR OFFICER OR EMPLOYEE WHO WANTS TO SPEND OR OTHERWISE OBLIGATE AFET'S RESOURCES AND WHO STANDS TO BENEFIT FROM THE RESULTING TRANSACTION HAS A DUTY TO FIRST DISCLOSE THAT CONFLICT OF INTEREST TO THE AFET BOARD OF TRUSTEES. THE DISCLOSURE SHOULD BE MADE VIA THE CHAIRMAN OF THE BOARD OF TRUSTEES, OR IN HIS OR HER ABSENCE, VIA THE VICE CHAIRMAN OF THE BOARD. II. FOLLOWING FULL DISCLOSURE OF A POSSIBLE CONFLICT OF INTEREST THE BOARD OF TRUSTEES SHALL DISCUSS THE MATTER AND DETERMINE BY VOTE WHETHER A CONFLICT OF INTEREST EXSISTS AND, IF SO, THE BOARD SHALL VOTE TO AUTHORIZE OR REJECT THE TRANSACTION OR TAKE ANY OTHER ACTION DEEMED NECESSARY TO ADDRESS THE CONFICT IN KEEPING WITH GOD-HONORING, ETHICAL OVERSIGHT, AND WITH THE GOAL OF PROTECTING AFET'S BEST INTERESTS. BOTH VOTES SHALL BE BY A MAJORITY VOTE, WITHOUT THE PRESENCE OR THE VOTE OF ANY INTERESTED TRUSTEE. III. NO MEMBER OF THE BOARD OF TRUSTEES OR OFFICER SHALL PARTICIPATE IN ANY DISCUSSION AT A BOARD MEETING OR VOTE ON ANY MATTER IN WHICH HE OR SHE OR A MEMBER OF HIS IMMEDIATE FAMILY HAS POTENTIAL CONFLICT OF INTEREST DUE TO HAVING MATERIAL ECONOMIC INVOLEMENT REGARDING THE MATTER BEING DISCUSSED. WHEN SUCH A SITUATION PRESENTS ITSELF THE TRUSTEE MUST ANNOUNCE HIS OR HER POTENTIAL CONFLICT OF INTEREST TO THE BOARD, DISQUALIFY HIMSELF OR HERSELF, AND BE EXCUSED FROM THE BOARD MEETING UNTIL DISCUSSION IS COMPLETED AND A DECISION REGARDING THE MATTER IS MADE BY NON-BIASED, DISINTERESTED TRUSTEES. THE ONLY EXCEPTION IS THAT HE OR SHE MAY BE CALLED UPON BY THE PRESIDING OFFICER OF THE BOARD MEETING TO PROVIDE CLARIFYING INFORMATION, UNLESS A DISINTERESTED TRUSTEE OBJECTS, IN WHICH CASE A DECISION WILL BE MADE BY MAJORITY VOTE OF THE BOARD TO EXCLUDE OR PERMIT THE CLARIFYING INFORMATION. IV. UPON COMMENCEMENT OF THEIR SERVICE, A COPY OF THIS POLICY SHALL BE GIVEN TO ALL TRUSTEES AND OFFICERS AND EMPLOYEES WHO ARE IN A POSITION TO MAKE DECISIONS ABOUT SPENDING OR OTHERWISE MANAGING AFET'S RESOURCES. AT THAT TIME, THEY SHALL SIGN AND DATE THAT THEY HAVE READ AND UNDERSTOOD THE POLICY AND DISCLOSE IN WRITING ANY EXCEPTIONS TO THE POLICY OF WHICH THEY ARE AWARE. FORM 990, PART VI, SECTION C, LINE 19 AD FONTES EDUCATIONAL TRUST WILL REVIEW AND RESPOND TO REQUESTS FROM THE PUBLIC FOR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS IN ACCORDANCE WITH APPLICABLE STATE AND FEDERAL LAWS.