2024-05-15T15:04:48-05:00 2023-06-30 390758449 WIPFLI LLP 105 E PINE ST UPPER FLOOR MISSOULA MT 59802 990 2022-07-01 452795231 JACKSON HOLE CLASSICAL ACADEMY INC JACK 3072015040 PO BOX 7466 JACKSON WY 83002 FRANK REICHEL DIRECTOR 3072015040 2024-05-13 1 FRANK REICHEL XXX-XX-XXXX 1 SAM BRUNSON CPA P01696998 4067281800 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PAUL HARRELL PO BOX 7466 JACKSON WY 83002 9986155 0 X JACKSONHOLECLASSICALACADEMY.ORG X 2011 WY THE MISSION OF JACKSON HOLE CLASSICAL ACADEMY IS TO CULTIVATE WITHIN ITS STUDENTS THE WISDOM AND VIRTUE NECESSARY TO DISCOVER AND FULFILL THEIR GOD-GIVEN POTENTIAL AND CONTRIBUTE TO A FLOURISHING AND FREE SOCIETY. 7 7 52 120 0 0 1409304 7783148 1898991 2193410 25 2007 15254 7590 3323574 9986155 0 0 0 0 2592421 3003889 0 0 109213 979603 1101062 3572024 4104951 -248450 5881204 2217280 8775874 481829 1159219 1735451 7616655 THE MISSION OF JACKSON HOLE CLASSICAL ACADEMY IS TO CULTIVATE WITHIN ITS STUDENTS THE WISDOM AND VIRTUE NECESSARY TO DISCOVER AND FULFILL THEIR GOD-GIVEN POTENTIAL AND CONTRIBUTE TO A FLOURISHING AND FREE SOCIETY. 0 0 3774562 0 2196200 JACKSON HOLE CLASSICAL ACADEMY SERVED STUDENTS DURING THE 2022-2023 SCHOOL YEAR. 3774562 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 10 0 52 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X LINDA MILLER 2085695087 3861 E 390 N RIGBY ID 83442 POLLY FRIESS SCHOOL DIRECTOR 60.00 X X 0 0 0 GARY DAMORE CHAIR 10.00 X X 0 0 0 JONATHAN ROBINSON SECRETARY 10.00 X X 0 0 0 LYNN FRIESS DIRECTOR 10.00 X 0 0 0 FRANK REICHEL DIRECTOR 10.00 X 0 0 0 LISA MEANEY DIRECTOR 10.00 X 0 0 0 JIM LINK DIRECTOR 10.00 X 0 0 0 PETER FREUND DIRECTOR OF FINANCE (THRU 12/31/23) 40.00 X 111614 0 7930 CORRINA JOHNSON DIRECTOR OF FINANCE (THRU 3/27/23) 40.00 X 2116 0 0 113730 0 7930 1 0 0 0 TEAM SMART CONSULTING 4488 E CRYSTAL HILL CIR SALT LAKE CITY UT 84108 LEADERSHIP TRAINING 121087 1 7783148 55488 7783148 TUITION 611110 1954284 1954284 CLUB DUES AND FEES 611110 134042 134042 FOOD SERVICES 611110 105084 105084 2193410 2007 2007 4800 0 4800 4800 4800 2790 0 2790 2790 9986155 2196200 0 6807 78956 72664 3848 2444 2425623 2233157 117715 74751 44815 40952 2363 1500 245502 224344 12941 8217 208993 191602 10822 6569 53710 53710 13057 2500 10557 24 24 13223 12063 725 435 38584 38584 43995 43261 734 53182 53182 142496 131264 6870 4362 10962 10962 48011 44201 2330 1480 33970 33970 PROGRAM EXPENSE 152832 152832 EMPLOYEE RETENTION 146845 134189 7741 4915 SUPPLIES 126639 123946 2693 ADVANCEMENT 91039 86499 4540 132493 124626 7867 4104951 3774562 221176 109213 1633439 3359416 182302 298576 11570 2874 5328767 359780 389969 4968987 0 146021 2217280 8775874 40399 525729 441430 633490 481829 1159219 X 1735451 7616655 1735451 7616655 2217280 8775874 5881204 0 X X 1 X 0 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5477 4187 1290 589313 355593 233720 4733977 4733977 4968987 X PART X, LINE 2: JACKSON HOLE CLASSICAL ACADEMY, INC. IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ACADEMY'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION ON UNRELATED BUSINESS INCOME. IN ADDITION, THE ACADEMY QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES ARE INCLUDED IN MANAGEMENT AND GENERAL EXPENSES, IF APPLICABLE. THE ACADEMY HAS NO INTEREST AND PENALTIES RELATED TO INCOME TAXES FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. THE WHOLLY-OWNED SUBSIDIARY, ARETE VENTURES, LLC, IS TREATED AS A DISREGARDED ENTITY FOR TAX PURPOSES. THE ACTIVITY OF ARETE VENTURES, LLC IS INCLUDED IN THE ACADEMY'S TAX RETURN. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 JACKSON HOLE CLASSICAL ACADEMY PUBLISHED ITS NONDISCRIMINATION POLICY IN THE JACKSON HOLE NEWS AND GUIDE. THE NONDISCRIMINATION POLICY APPEARS ON THE TUITION ASSISTANCE PAGE OF THE WEBSITE AS WELL. X 1 55488 FMV 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS IS REPORTED IN PART I. FORM 990, PART VI, SECTION A, LINE 2 DIRECTORS LYNN AND POLLY FRIESS HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS A DRAFT COPY OF THE 990 BEFORE FILING AND IS GIVEN THE OPPORTUNITY TO MAKE COMMENTS OR ASK QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C THE PURPOSE OF THE CONFLICT OF INTEREST POLICY IS TO PROTECT THE INTERESTS OF JHCA WHEN CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE ORGANIZATION. ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST HAS A DUTY TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST. AFTER THE DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL SIGN ANNUALLY A STATEMENT WHICH AFFIRMS THAT THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AGREES TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS AND APPROVES MANAGING EMPLOYEE'S COMPENSATION. COMPENSATION FOR MANAGEMENT LEVEL EMPLOYEES IS DETERMINED USING THE LOCAL MARKET RATE AND OTHER EXTERNAL SERVICES SUCH AS PAYSCALE, GLASSDOOR, ETC. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. REQUESTS CAN BE SENT TO WIPFLI. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. ARETE VENTURES LLC 115 EAST SNOW KING AVENUE JACKSON WY 83001 TO DIRECT AND MANAGE CONSTRUCTION OF A NEW SCHOOL CAMPUS. WY 5930630 7337928 JACKSON HOLE CLASSICAL ACADEMY JACKSON HOLE CLASSICAL ACADEMY FOUNDATION PO BOX 11655 JACKSON WY 83002 832571341 SUPPORT JACKSON HOLE CLASSICAL ACADEMY, INC. WY 501(C)(3) LINE 12C, III-FI N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0