Financial Information
Financials
PACE is a 501c3 non profit organization. In order to maintain this status we are required to file taxes annually. In order to run this business effectively we have the following regular costs: offering/rent to our host church, liability and D&O insurance, annual website fees (we are charged per user/family account), online financial accounting fee, Legal fees for taxes, and operating expenses for tables, white boards, printers, tv’s and anything we may need for co-op or PACE events. This is where the VHA family registration and PACE member registration money goes. We take our financial situation very seriously and have a board of directors making constant decisions behind the scenes to ensure we maintain the good health God has placed over our finances. In addition, your class costs are paid out directly to the teachers teaching. The teachers are required to submit expense reports with receipts to our treasurer, Cassandra Wilson. Any left over funds (this is rare due to our class fees being so low and affordable) are paid back to VHA. PACE officers, board of directors and teachers are all volunteers. No one is getting paid. We are a cooperative. Everyone helps in some capacity.
Class fees are nonrefundable. Teachers are given their funds weeks in advance to prep for their classes. They have the freedom to prep as needed, and in many cases, they are using their personal funds before classes start. In order to refund you for canceling we would need to ask teachers to pay out of their own pockets. Once you pay for classes this money is nonrefundable.
The family registration fee of $150 is refundable until the 2nd week starts, less a $20 processing fee to cover the cost of your website account.
Payment for VHA is due by the set deadline that we establish. This date changes with each semester/year and is provided via all social media platforms including email and SMS text.
We understand that situations happen and payment is a challenge sometimes, especially when registering late for classes. For qualifying families we do offer a payment plan for the semesterly family registration amount of $150. Please email Cassandra Wilson at capecodpace@gmail.com for more info on this option.