Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 07-01-2013 , and ending 06-30-2014
Name of foundation
PARENTS ADVANCING CHOICE IN EDUCATION
 

Number and street (or P.O. box number if mail is not delivered to street address)40 S PERRY STREET Room 120   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DAYTON, OH45402
A Employer identification number

31-1809977
B Telephone number (see instructions)

(937) 228-7223
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$43,430J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 910,141
2 Check bullet
3 Interest on savings and temporary cash investments 125 125 125
4 Dividends and interest from securities......      
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 158,312   158,312
12 Total. Add lines 1 through 11........ 1,068,578 125 158,437
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 65,000     65,000
14 Other employee salaries and wages...... 148,430   91,757 56,673
15 Pension plans, employee benefits....... 28,621   2,420 26,201
16a Legal fees (attach schedule)......... Click to see attachment 90     90
b Accounting fees (attach schedule)....... Click to see attachment 22,077     22,077
c Other professional fees (attach schedule).... Click to see attachment 53,814   36,057 17,757
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 16,400   7,046 9,354
19 Depreciation (attach schedule) and depletion... Click to see attachment 5,544   1,386
20 Occupancy.............. 27,501     27,501
21 Travel, conferences, and meetings....... 1,224   611 613
22 Printing and publications.......... 6,734   6,539 195
23 Other expenses (attach schedule)....... Click to see attachment 43,368   10,472 32,896
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 418,803 0 156,288 258,357
25 Contributions, gifts, grants paid........ 698,319 698,319
26 Total expenses and disbursements. Add lines 24 and 25 1,117,122 0 156,288 956,676
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -48,544
b Net investment income (if negative, enter -0-) 125
c Adjusted net income (if negative, enter -0-)... 2,149
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 39,114 29,967 29,967
2 Savings and temporary cash investments.......... 50,032    
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet   472,500    
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........      
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet78,547
Less: accumulated depreciation (attach schedule) bullet78,548 5,543    
15 Other assets (describe bullet) Click to see attachment8,047 Click to see attachment13,463 Click to see attachment13,463
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 575,236 43,430 43,430
Liabilities 17 Accounts payable and accrued expenses.......... 26,286 23,024
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 26,286 23,024
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 68,950 20,406
25 Temporarily restricted................ 480,000  
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 548,950 20,406
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 575,236 43,430
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 548,950
2 Enter amount from Part I, line 27a..................... 2 -48,544
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 2,200
4 Add lines 1, 2, and 3.......................... 4 502,606
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 482,200
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 20,406
Form 990-PF (2013)
Form 990-PF (2013)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2012 1,133,918 325,085 003.488066
2011 1,883,834 625,031 003.013985
2010 2,132,425 691,127 003.085431
2009 2,256,567 1,031,737 002.187153
2008 2,306,259 1,334,586 001.728071
2 Total of line 1, column (d) ...................... 2 013.502706
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 002.700541
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 68,802
5 Multiply line 4 by line 3....................... 5 185,803
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1
7 Add lines 5 and 6......................... 7 185,804
8 Enter qualifying distributions from Part XII, line 4.............. 8 956,676
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2013)
Form 990-PF (2013)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 1
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 1
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a  
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOH
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.Click to see attachment
    10
    Yes
     
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletHTTP//WWW.PACEDAYTON.ORG
    14
    The books are in care ofbulletTHOMAS LASLEY Telephone no.bullet (937) 228-7223
    Located atbullet40 S PERRY ST SUITE 120DAYTONOH ZIP+4bullet45402
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the
    foreign country bullet  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2013?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If "Yes," did it have excess business holdings in 2013 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2013.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2013?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    BONNIE SMITH EXECUTIVE DIRECTOR
    040.00     		65,000 1,950  
    40 S PERRY ST SUITE 120
    DAYTON,OH45402
    REVEREND DR DARYL WARAD TRUSTEE
    002.00     		0    
    40 S PERRY ST SUITE 120
    DAYTON,OH45402
    RONITA HAWES-SAUNDERS TRUSTEE
    002.00     		0    
    40 S PERRY ST SUITE 120
    DAYTON,OH45402
    DIXIE ALLEN TRUSTEE
    002.00     		0    
    40 S PERRY ST SUITE 120
    DAYTON,OH45402
    TONI MOORE TRUSTEE
    002.00     		0    
    40 S PERRY ST SUITE 120
    DAYTON,OH45402
    THOMAS LASLEY TRUSSTEE
    002.00     		0    
    40 S PERRY ST SUITE 120
    DAYTON,OH45402
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    CAROLYN E WRIGHT DIRECTOR OF PROGRAMS
    040.00     		53,600 1,820  
    40 S PERRY ST SUITE 120
    DAYTON,OH45402
    DARIA D STONE PROGRAM MANAGER OF P
    040.00     		55,000 1,444  
    40 S PERRY ST SUITE 120
    DAYTON,OH45402
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 SCHOLARSHIP FUND TO PROVIDE K-12 SCHOLARSHIPS. THE K-12 SCHOLARSHIP PROGRAM ASSISTANCE TO PARENTS WHO CHOOSE TO SEND THEIR CHILDREN TO A PRIVATE SCHOOL. 601,746
    2 SCHOLARSHIP FUND TO PROVIDE TO COLLEGES. THIS PROGRAM SEEKS TO ASSIST STUDENTS HAVE A DEMONSTRATED INTEREST IN AND AN APTITUDE FOR COLLEGE BUT WHO NEED FINANCIAL HELP TO ATTEND 200,583
    3 ASSISTANCE IN PARENT NETWORKING AND EDUCATION FOR THEM TO ASSIST THEIR CHILDREN WITH CONTINUING IN SCHOOL AND GOING ON TO COLLEGE. AS WELL AS HOW TO WORK CLOSELY WITH SCHOOLS, TEACHERS AND ADMINISTRATORS.ENCORAGES PARENTS TO BE PRIMARY EDUCATORS 97,754
    4 PROVIDE PROGRAMS FOR COLLEGE READINESS & PERSISTENCE. THIS PROGRAMRECOGNIZES THAT ACADEMIC PREPARATION BEGINS BEFORE HIGH SCHOOL IN 7 & 8 GRADE. PARENTS AND STUDENTS MUST BE FULLY INFORMED OF THE BEST WAY TO PREPARE FOR COLLEGE 157,683
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2 N/A  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    3,440
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    1
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,439
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    3,439
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    3,439
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 3,439
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010.......  
    d From 2011.......  
    e From 2012.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 956,676
    a Applied to 2012, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2013 distributable amount..... 3,439
    e Remaining amount distributed out of corpus 953,237
    5 Excess distributions carryover applied to 2013.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 953,237
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		953,237
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011....  
    d Excess from 2012....  
    e Excess from 2013.... 953,237
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2013, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
    2,149       2,149
    b 85% of line 2a ......... 1,827       1,827
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		956,676 1,133,918 1,883,843 2,132,444 6,106,881
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		956,676 1,133,918 1,883,843 2,132,444 6,106,881
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		2,293 10,673 20,835 23,037 56,838
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALTER HIGH SCHOOL
    940 E DAVID ROAD
    DAYTON,OH454295597     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMMPROVE ACADEMIC ACHIEVEMENT 8,509
    ASCENSION CATHOLIC SCHOOL
    2025 WOODMAN DRIVE
    DAYTON,OH454202902     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 9,670
    BLUFFTON UNIVERSITY
    280 WEST COLLEGE AVENUE
    BLUFFTON,OH45817     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 3,000
    BOWLING GREE STATE UNIVERSITY
    1001 E WOOSTER STREET
    BOWLING GREEN,OH43403     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 24,750
    CARROLL HIGH SCHOOL
    4524 LINDEN AVE
    DAYTON,OH454323067     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 90,666
    CENTRAL STATE UNIVERSITY
    1400 BRUSH ROW ROAD
    WILBERFORCE,OH453845800     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 6,240
    CHAMINADE-JUILENNE CATHIC HIGH SCH
    505 S LUDLOW ST
    DAYTON,OH454022694     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 213,085
    CLARK STATE UNIVERSITY COMMUNITY COLLEGE
    570 EAST LEFFEL LANE
    SPRINGFIELD,OH45505     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 1,000
    DAYTON CHRISTINE SCHOOLS
    325 HOMEWOOD AVENUE
    DAYTON,OH45405     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 42,166
    DAYTON PUBLIC SCHOOLS
    348 W 1ST ST
    DAYTON,OH454023006     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 408
    DOMINION ACADEMY OF DAYTON
    925 N MAIN ST
    DAYTON,OH454054634     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACAEMIC ACHIEVEMENT 8,898
    EAST DAYTON CHRISTIAN SCHOOL
    999 SPINNING ROAD
    DAYTON,OH454312847     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADMIC ACHIEVEMENT 6,975
    GLORIA DEL MONTESSORI SCHOOL
    615 SHILOH DRIVE
    DAYTON,OH454153452     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 1,473
    HOLY ANGELS SCHOOL
    223 L ST
    DAYTON,OH454092693     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 8,535
    HUBER HEIGHTS CHRISTINE ACADEMY
    7730 TAYLORSVILLE RD
    DAYTON,OH454246318     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 4,950
    IMMACULATE CONCEPTION SCHOOL
    2268 S SMITHVILLE RD
    DAYTON,OH45420     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 10,738
    MARY QUEEN OF PEACE
    138 GRAMONT AVE
    DAYTON,OH454172218     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 19,300
    MIAMI UNIVERSITY
    501 E HIGH ST
    OXFORD,OH45056     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 15,000
    THE MIAMI VALLEY SCHOOL
    5151 DENISE DR
    DAYTON,OH454291999     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 2,700
    MONTESSORI SCHOOL OF DAYTON
    2900 ACOSTA STREET
    DAYTON,OH45420     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 2,700
    MOTHER MARIA ANNA BRUNNER
    4870 DELINGER ROAD
    DAYTON,OH45426     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMRPOVE ACADEMIC ACHIEVEMENT 7,183
    MOUNT SAINT JOSEPH
    5701 DELHI ROAD
    CINCINNATI,OH45233     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 3,000
    OHIO UNIVERSITY
    2 W STATE ST
    ATHENS,OH45701     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 12,000
    OLD DOMINICAN UNIVERSITY
    5115 HAMPTON BLVD
    NORFOLD,VA23529     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 3,445
    THE OHIO STATE UNIVERSITY
    2021 COFFEY ROAD
    COLUMBUS,OH43210     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 18,750
    OUR LADY OF THE ROSARY
    40 NOTRE DAME AVE
    DAYTON,OH454041924     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 6,375
    PREPARING FOR THE FUTURE
    3001 OLD TROY PIKE
    DAYTON,OH45404     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 1,000
    SALEM CHRISTIAN ACADEMY
    6500 SOUTHWAY RD 1
    CLAYTON,OH453157938     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 990
    SINCLAIR COMMUNITY COLLEGE
    444 W 3RD ST
    DAYTON,OH454021453     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 10,000
    SPRING VALLEY ACADEMY
    1461 E SPRING VALLEY PIKE
    DAYTON,OH454582745     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 9,338
    ST ANTHONY SCHOOL
    1824 SAINT CHARLES AVE
    DAYTON,OH454102501     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 4,288
    ST CHRISTOPHER SCHOOL
    405 EAST NATIONAL RD
    VANDALIA,OH453772395     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 2,231
    ST PETER SCHOOL
    6185 CHAMBERSBURG RD
    DAYTON,OH454243898     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 9,250
    TEMPLE CHRISTIAN SCHOOL
    1617 OHMER AVE
    DAYTON,OH45410     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 7,373
    TIFFIN UNIVERSITY
    2505 OREGON ROAD
    NORTHWOOD,OH436191001     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 3,750
    TROY CHRISTINE SCHOOL
    700 S DORSET ROAD
    TROY,OH453734701     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 5,094
    UNIVERSITY OF AKRON
    277 EAST BUCHTEL AVENUE
    AKRON,OH443256211     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 4,500
    UNIVERSITY OF CINCINNATI
    2600 CLIFTON AVE
    CINCINNATI,OH452210001     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 30,000
    UNIVERSITY OF DAYTON
    38 ROGDE ST
    DAYTON,OH454092822     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 14,250
    UNIVERSITY OF TOLEDO
    2801 W BANCROFT ST
    TOLEDO,OH436063390     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 6,000
    WRIGHT STATE UNIVERSITY
    3640 COLONEL GLENN HWY
    DAYTON,OH454350002     		  NC TO ASSIST STUDENTS ATTEND SCHOOL OF CHOICE AND IMPROVE ACADEMIC ACHIEVEMENT 58,739
    Total .................................bullet 3a 698,319
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    aSCHOLARSHIP APP. FEES         627
    bSPECIAL PROGRAM EVENTS         10,185
    cDAYTON PUBLIC SCHOOLS         147,500
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 125  
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   125 158,312
    13Total. Add line 12, columns (b), (d), and (e)..................
    13158,437
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1A APPLICATION FEES COLLECTED OF POTENTIAL RECIPIENTS
    1B PARENTAL INFORMATION SESSIONS
    1C THE PACE CENTER FOR COLLEGE ACCESS AND COMPLETION PARTNERED WITH DAYTON PUBLIC SCHOOLS
    1D TO DELIVER STRATEGIES AND SUPPORT FOR EARLY COLLEGE READINESS, ACCESS AND COMPLETION.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
        NONE  
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    NONE NONE NONE
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID: 13000230
    Software Version: 13.6.0.0


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2013
    Name of the organization
    PARENTS ADVANCING CHOICE IN EDUCATION
     
    Employer identification number

    31-1809977
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 2
    Name of organization
    PARENTS ADVANCING CHOICE IN EDUCATION
          		Employer identification number

    31-1809977
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 3
    Name of organization
    PARENTS ADVANCING CHOICE IN EDUCATION
          		Employer identification number

    31-1809977
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 4
    Name of organization
    PARENTS ADVANCING CHOICE IN EDUCATION
          		Employer identification number

    31-1809977
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Additional Data


    Software ID: 13000230
    Software Version: 13.6.0.0

    TY 2013 AccountingFeesSchedule
    Name:
    PARENTS ADVANCING CHOICE IN EDUCATION
    EIN: 31-1809977
    Software ID:13000230
    Software Version:13.6.0.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 22,077     22,077

    TY 2013 ActyNotPreviouslyRptExpln
    Name:
    PARENTS ADVANCING CHOICE IN EDUCATION
    EIN: 31-1809977
    Software ID:13000230
    Software Version:13.6.0.0
    Explanation:
    NONE

    TY 2013 AllOthProgRltdInvestmentsSch
    Name:
    PARENTS ADVANCING CHOICE IN EDUCATION
    EIN: 31-1809977
    Software ID:13000230
    Software Version:13.6.0.0
    Category Amount
    N/A  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2013 DepreciationSchedule
    Name:
    PARENTS ADVANCING CHOICE IN EDUCATION
    EIN: 31-1809977
    Software ID:13000230
    Software Version:13.6.0.0
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    DEPRECIATION               1,386  

    TY 2013 ExplanOfLegisPoliticalActvts
    Name:
    PARENTS ADVANCING CHOICE IN EDUCATION
    EIN: 31-1809977
    Software ID:13000230
    Software Version:13.6.0.0
    Explanation:
    NONE

    TY 2013 LandEtcSchedule2
    Name:
    PARENTS ADVANCING CHOICE IN EDUCATION
    EIN: 31-1809977
    Software ID:13000230
    Software Version:13.6.0.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE FURNITURE AND EQUIPMENT 78,547 78,548    


    TY 2013 LegalFeesSchedule
    Name:
    PARENTS ADVANCING CHOICE IN EDUCATION
    EIN: 31-1809977
    Software ID:13000230
    Software Version:13.6.0.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 90     90


    TY 2013 OtherAssetsSchedule
    Name:
    PARENTS ADVANCING CHOICE IN EDUCATION
    EIN: 31-1809977
    Software ID:13000230
    Software Version:13.6.0.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSITS AND PREPAID EXPENSES 8,047 13,463 13,463


    TY 2013 OtherDecreasesSchedule
    Name:
    PARENTS ADVANCING CHOICE IN EDUCATION
    EIN: 31-1809977
    Software ID:13000230
    Software Version:13.6.0.0
    Description Amount
    CONTRIBUTED SERVICES 2,200
    RELEASE OF TEMPORARILY RESTRICTED ASSETS 480,000


    TY 2013 OtherExpensesSchedule
    Name:
    PARENTS ADVANCING CHOICE IN EDUCATION
    EIN: 31-1809977
    Software ID:13000230
    Software Version:13.6.0.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 7,044     7,044
    MAINTENANCE 5,820   1,092 4,728
    POSTAGE AND SHIPPING 1,111     1,111
    SUPPLIES 9,047   4,065 4,982
    ADVERTISING 1,062     1,062
    SPECIAL EVENTS 19,284   5,315 13,969


    TY 2013 OtherIncomeSchedule2
    Name:
    PARENTS ADVANCING CHOICE IN EDUCATION
    EIN: 31-1809977
    Software ID:13000230
    Software Version:13.6.0.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SCHOLARSHIP APP. FEES 627   627
    SPECIAL PROGRAM EVENTS 10,185   10,185
    DAYTON PUBLIC SCHOOLS 147,500   147,500


    TY 2013 OtherIncreasesSchedule
    Name:
    PARENTS ADVANCING CHOICE IN EDUCATION
    EIN: 31-1809977
    Software ID:13000230
    Software Version:13.6.0.0
    Description Amount
    CONTRIBUTED SERVICES 2,200


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    PARENTS ADVANCING CHOICE IN EDUCATION
    EIN: 31-1809977
    Software ID:13000230
    Software Version:13.6.0.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 681     681
    CONTRACTED SERVICES 42,148   36,057 6,091
    CONSULTING FEES 10,985     10,985


    TY 2013 SubstantialContributorsSch
    Name:
    PARENTS ADVANCING CHOICE IN EDUCATION
    EIN: 31-1809977
    Software ID:13000230
    Software Version:13.6.0.0
    Name Address
    NONE  
     


    TY 2013 TaxesSchedule
    Name:
    PARENTS ADVANCING CHOICE IN EDUCATION
    EIN: 31-1809977
    Software ID:13000230
    Software Version:13.6.0.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 16,400   7,046 9,354