2024-08-14T09:58:59-05:00 2023-12-31 455297192 RYAN GUNSAULS & O'DONNELL LLC 5590 E YALE AVE SUITE 201 DENVER CO 80222 990 2023-01-01 742401659 SCHOOL DISTRICT 12 EDUCATION FOUNDATION SCHO 7209724342 1500 E 128TH AVE THORNTON CO 80241 SHANNON HANCOCK EXECUTIVE DIRECTOR 7209724342 2024-08-12 1 0 KATHERINE T MOELLER CPA P01270619 3037585558 2024-08-12 2023 2024-08-08 14:25:15Z FIVE STAR EDUCATION FOUNDATION SHANNON HANCOCK 1500 E 128TH AVE THORNTON CO 80241 2584584 0 X N/A X 1985 CO THE ADAMS 12 FIVE STAR SCHOOLS EDUCATION FOUNDATION CONTRIBUTES TO THE IMPROVEMENT OF THE OVERALL QUALITY OF LIFE IN OUR COMMUNITY THROUGH INVESTMENTS IN EDUCATIONAL SERVICES OF THE STUDENTS OF ADAMS COUNTY SCHOOL DISTRICT 12. 18 18 5 25 0 0 1699391 2537091 0 0 37771 47493 -47288 -74037 1689874 2510547 934293 1953161 0 0 269581 366245 0 0 78708 68496 42015 1272370 2361421 417504 149126 1902259 1772514 477697 137752 1424562 1634762 THE ADAMS 12 FIVE STAR SCHOOLS EDUCATION FOUNDATION CONTRIBUTES TO THE IMPROVEMENT OF THE OVERALL QUALITY OF LIFE IN OUR COMMUNITY THROUGH INVESTMENTS IN EDUCATIONAL SERVICES OF THE STUDENTS OF ADAMS COUNTY SCHOOL DISTRICT 12. 0 0 2144900 1953161 2537091 FUNDING FOR PROGRAMS WHICH SUPPORT THE FOUNDATION'S MISSION OF INVESTING IN STUDENT SUCCESS. 2144900 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 5 1 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 1 0 CO X X THE ORGANIZATION 7209724342 1500 E 128TH AVE THORNTON CO 80241 JERRY GLUNZ SECRETARY 1.00 X X 0 0 0 JUAN EVANS TREASURER 2.00 X X 0 0 0 ADAM INGERSOLL BOARD CHAIR 3.00 X X 0 0 0 LATRICE BREWSTER BOARD OF DIRECTORS 1.00 X 0 0 0 PRISCILLA STRAUGHN BOARD OF DIRECTORS 1.00 X 0 0 0 AMIRA ASSAD-LUCAS BOARD OF DIRECTORS 1.00 X 0 0 0 MIKE BEASLEY BOARD OF DIRECTORS 1.00 X 0 0 0 WES PARHAM BOARD OF DIRECTORS 1.00 X 0 0 0 JOHN HERRERA BOARD OF DIRECTORS 1.00 X 0 0 0 JAY LOPEZ BOARD OF DIRECTORS 1.00 X 0 0 0 PRISCILLA HM MANCOSKY BOARD OF DIRECTORS 1.00 X 0 0 0 PAUL WILLIAMS BOARD OF DIRECTORS 1.00 X 0 0 0 DAVID FLAHERTY BOARD OF DIRECTORS 1.00 X 0 0 0 ALEJANDRA MONTES BOARD OF DIRECTORS 1.00 X 0 0 0 ANN HOGAN BOARD OF DIRECTORS 1.00 X 0 0 0 BRYAN BECKER BOARD OF DIRECTORS 1.00 X 0 0 0 JILLIAN SCIACCA BOARD OF DIRECTORS 1.00 X 0 0 0 KIMBERLY SPIKES BOARD OF DIRECTORS 1.00 X 0 0 0 0 0 0 1 0 0 0 0 238474 1651433 647184 2537091 47493 47493 0 238474 74037 -74037 -74037 2510547 0 0 -26544 1953161 1953161 130030 62414 44861 22755 181604 87170 62653 31781 27344 13125 9434 4785 27267 13088 9407 4772 964 463 333 168 4366 2096 1506 764 3645 1749 1257 639 3433 1648 1184 601 1848 887 638 323 DEVELOPMENT EXPENSES 8803 8803 CONTRACT SERVICES 7648 3671 2639 1338 SUBSCRIPTIONS 5595 2686 1930 979 TELEPHONE AND INTERNET 4728 2269 1631 828 985 473 340 172 2361421 2144900 137813 78708 1192007 597709 22886 500323 26188 22121 661178 652361 1902259 1772514 477697 137752 477697 137752 X 1366175 985386 58387 649376 1424562 1634762 1902259 1772514 149126 61074 0 X X 0 1 X 1 1 1 X 284460 359502 416104 975211 2537091 4572368 284460 359502 416104 975211 2537091 4572368 0 0 0 4572368 18450 14655 27657 37771 47496 146029 18450 14655 27657 37771 47496 146029 302910 374157 443761 1012982 2584587 4718397 0.96910 0.95810 0.03090 0.04910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 SECURITY INVESTMENTS 652361 F 652361 X 2691380 61074 45722 74037 180833 2510547 0 2510547 2481180 45722 74037 119759 2361421 0 2361421 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 509(C)(3) OF THE INTERNAL REVENUE CODE (IRC). AS A CHARITABLE ORGANIZATION, ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 509(A)(1) OF THE IRC IS SUBJECT TO FEDERAL INCOME TAX; THEREFORE,THE FOUNDATION IS SUBJECT TO INCOME TAX ON ANY OTHER UNRELATED BUSINESS INCOME. THE FOUNDATION HAD NO UNRELATED BUSINESS INCOME TAX LIABILITY AT DECEMBER 31, 2023 AND 2022. THE FOUNDATION HAS ADOPTED THE PROVISIONS OF INCOME TAXES. IN DETERMINING THE RECOGNITION OF UNCERTAIN TAX POSITIONS, THE FOUNDATION APPLIES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND DETERMINES THE MEASUREMENT OF UNCERTAIN TAX POSITIONS CONSIDERING THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON ULTIMATE SETTLEMENT WITH TAXING AUTHORITIES. THE FOUNDATION ANALYZED ITS TAX POSITIONS TAKEN ON THEIR FEDERAL TAX RETURNS FOR THE OPEN TAX YEARS 2020 THROUGH 2022. BASED ON THIS ANALYSIS, THE FOUNDATION DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS AND THAT THE FOUNDATION SHOULD PREVAIL UPON EXAMINATION BY THE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES FIVE STAR CLASSIC 238474 238474 74037 238474 238474 74037 74037 -74037 0 ADAMS 12 FIVE STAR SCHOOLS 846000822 1953161 0 SUPPORT SCHOOL DISTRICT FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 15 CONPA SALARY SURVEY USED FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION ON GUIDESTAR'S WEBSITE, WWW.GUIDESTAR.ORG, AND UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON GUIDESTAR'S WEBSITE, WWW.GUIDESTAR.ORG, AND UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. ADAMS 12 FIVE STAR SCHOOL DISTRICT 1500 E 128TH AVE THORNTON CO 80241 846000822 SCHOOL DISTRICT CO 501(C)(3) 170(B)(1)(A)(V) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 ADAMS 12 FIVE STAR SCHOOLS P 442637