2025-05-13T15:28:05-05:00 2024-06-30 390758449 WIPFLI LLP 105 E PINE ST UPPER FLOOR MISSOULA MT 59802 990 2023-07-01 832571341 JACKSON HOLE CLASSICAL ACADEMY FOUNDATION JACK 3077332678 PO BOX 11655 JACKSON WY 83002 POLLY FRIESS PRESIDENT 3077332678 2025-05-05 1 1 SAM BRUNSON CPA P01696998 4067281800 2025-05-05 2023 2025-03-06 01:10:19Z POLLY FRIESS PO BOX 11655 JACKSON WY 83002 5693 0 X N/A X 2018 WY THE MAIN PURPOSE OF THE FOUNDATION IS TO SUPPORT THE RELIGIOUS AND RELIGIOUS EDUCATIONAL MISSION OF JACKSON HOLE CLASSICAL ACADEMY BY LEASING SPACE FOR USE BY THE ACADEMY AS A SCHOOL CAMPUS AND TO MANAGE REAL PROPERTY ON WHICH A NEW CAMPUS FOR THE ACADEMY WILL BE BUILT. 5 5 0 5 0 0 615000 0 0 0 0 5692 1 1 615001 5693 22848 0 0 0 0 0 0 0 0 609279 424924 632127 424924 -17126 -419231 20731054 20311823 0 0 20731054 20311823 THE MAIN PURPOSE OF THE FOUNDATION IS TO SUPPORT THE RELIGIOUS AND RELIGIOUS EDUCATIONAL MISSION OF JACKSON HOLE CLASSICAL ACADEMY BY LEASING SPACE FOR USE BY THE ACADEMY AS A SCHOOL CAMPUS AND TO MANAGE REAL PROPERTY ON WHICH A NEW CAMPUS FOR THE ACADEMY WILL BE BUILT. 0 0 380358 0 0 THE FOUNDATION PROVIDED SUPPORT TO THE ACADEMY BY HOLDING TITLE AND MANAGING REAL PROPERTY TO ALLOW THE ACADEMY TO CARRY OUT ITS ACTIVITIES TO PROMOTE AN ACADEMICALLY RIGOROUS, CLASSICAL CURRICULUM TEACHING CHRISTIAN CHARACTER AND DECORUM. 380358 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X SUZY FLOYD 3074139372 PO BOX 9484 JACKSON WY 83002 X DAVE PATTY PRESIDENT 1.00 0.00 X X 0 0 0 DANIEL RUSS VICE PRESIDENT 1.00 20.00 X X 0 0 0 STEPHEN FRIESS TREASURER 1.00 0.00 X X 0 0 0 POLLY FRIESS SECRETARY 5.00 20.00 X X 0 0 0 MAGGIE VALIANTE DIRECTOR 1.00 0.00 X 0 0 0 0 0 0 0 0 0 0 0 5692 5692 1 0 1 1 1 5693 0 0 5693 16124 16124 16432 11300 5132 18450 18450 24 24 352 352 914 914 363081 363081 9122 5225 3897 REPAIRS AND MAINTENANCE 400 400 BUSINESS LICENSES AND P 25 25 424924 380358 44566 0 412613 151576 210000 8788 3675 21414500 1467928 20309653 19946572 20731054 20311823 0 0 X 20731054 20311823 20731054 20311823 20731054 20311823 -419231 0 X X 0 1 X 1 0 X X X 1 JACKSON HOLE CLASSICAL ACADEMY INC 452795231 2 1 0 17278 1 0 17278 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART IV, SECTION D, LINE 3: THE FOUNDATION WILL BE MANAGED BY A BOARD OF DIRECTORS THAT IS INDEPENDENT FROM THE ACADEMY, BUT WHICH HAS AT LEAST ONE MEMBER WHO IS A DIRECTOR OF THE ACADEMY. THE FOUNDATION WILL BE OPERATED IN CONNECTION WITH THE ACADEMY. UNDER THIS TEST (SECTION 1.509(A)-(4)(I) OF THE REGULATIONS, THE FOUNDATION MUST BE RESPONSIVE TO THE NEEDS AND DEMANDS OF THE ACADEMY AND MUST BE SIGNIFICANTLY INVOLVED IN THE OPERATIONS OF THE ACADEMY SO THAT THE ACADEMY IS DEPENDENT ON THE FOUNDATION. PART IV, SECTION E, LINE 2A: THE FOUNDATION ENGAGES IN ACTIVITIES, SUBSTANTIALLY ALL OF WHICH DIRECTLY FURTHER THE EXEMPT PURPOSES OF THE JACKSON HOLE CLASSICAL ACADEMY. THE FOUNDATION WILL HOLD TITLE AND MANAGE THE REAL PROPERTY WHICH WILL BE THE CAMPUS OF THE ACADEMY. PART IV, SECTION E, LINE 2B: BUT FOR THE INVOLVEMENT OF THE FOUNDATION, THE ACADEMY WOULD OWN THE LAND AND MANAGE THE REAL ESTATE. 8000000 8000000 12948459 1344115 11604344 466041 123813 342228 19946572 X 5693 0 5693 0 5693 424924 0 424924 0 424924 PART X, LINE 2: THE FOUNDATION IS ORGANIZED AS A NONPROFIT AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THESE STATEMENTS. THE FOUNDATION IS SUBJECT TO EXAMINATION OF ITS FEDERAL INCOME TAX FILING IN THE UNITED STATES GENERALLY FOR THE THREE PRECEDING TAX YEARS. THERE WERE NO UNCERTAIN TAX POSITIONS TAKEN BY THE FOUNDATION. IN THE EVENT THAT THE FOUNDATION IS ASSESSED PENALTIES AND/OR INTEREST, PENALTIES WILL BE CHARGED TO OTHER OPERATING EXPENSE AND INTEREST WILL BE CHARGED TO INTEREST EXPENSE. FORM 990, PART VI, SECTION A, LINE 2 BOARD TREASURER, STEPHEN FRIESS, AND BOARD SECRETARY, POLLY FRIESS, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 WAS SENT TO THE BOARD MEMBERS FOR THEIR INFORMATION AND REVIEW PRIOR TO FILING IT WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL DIRECTORS, PRINCIPAL OFFICERS, AND MEMBERS OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER 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. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS OR COMMITTEE MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTERESTS, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 19 NONE OF THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DOES NOT HAVE A SEPARATE AUDIT COMMITTEE. THE BOARD ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR. JACKSON HOLE CLASSICAL ACADEMY INC PO BOX 7466 JACKSON WY 83002 452795231 EDUCATION WY 501(C)(3) LINE 2 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0