2024-04-03T14:17:39-05:00 2023-06-30 SMITH & HOWARD ADVISORY LLC 271 17TH STREET NW SUITE 1600 ATLANTA GA 30363 990 2022-07-01 580593430 Rabun Gap-Nacoochee School % SCOTT CARLSON RABU 7067467467 339 NACOOCHEE DRIVE RABUN GAP GA 30568 SCOTT CARLSON CFO 7067467722 2024-05-15 true SCOTT CARLSON 999009999 SABRE J LINAHAN P01372980 4048746244 2024-05-15 3 2022 2023-04-26 12:10:37Z JEFFREY MILES 339 NACOOCHEE DRIVE RABUN GAP GA 30568 40734232 false X WWW.RABUNGAP.ORG X 1903 GA RABUN GAP-NACOOCHEE SCHOOL PREPARES YOUNG PEOPLE FOR COLLEGE, CAREER AND A LIFETIME OF LEADERSHIP AND SERVICE. 16 15 349 135 265968 0 14131417 3930078 23477665 24592400 2877275 3424123 307575 479169 40793932 32425770 11616729 11718071 0 0 11905877 12431197 0 0 827616 8409275 8870207 31931881 33019475 8862051 -593705 105462489 107044139 24809132 25683084 80653357 81361055 X RABUN GAP-NACOOCHEE SCHOOL PREPARES YOUNG PEOPLE FOR COLLEGE, CAREER AND A LIFETIME OF LEADERSHIP AND SERVICE. IN OUR BEAUTIFUL MOUNTAIN ENVIRONMENT, WE INSPIRE STUDENTS TO GROW IN CHARACTER, INTELLECT AND SPIRIT. WE VALUE EDUCATIONAL ACCESSIBILITY AND FOSTER A COMMUNITY OF LEARNERS WHOSE DIVERSITY IS HONORED AND REFLECTS THE WORLD. false false 26277966 11718071 24342703 INSTRUCTION - RABUN GAP - NACOOCHEE SCHOOL (RGNS) IS A NEARLY 120-YEAR-OLD INDEPENDENT BOARDING AND DAY SCHOOL PROVIDING CO-EDUCATION COLLEGE-PREPARATORY IN GRADES PK THROUGH TWELVE THAT HAS A HISTORIC RELATIONSHIP WITH THE PRESBYTERIAN CHURCH. RGNS EDUCATED APPROXIMATELY 680 STUDENTS FROM 56 COUNTRIES AND 15 STATES FOR THE CURRENT FISCAL YEAR WITH AN AVERAGE CLASS SIZE OF 12. (PLEASE SEE SCH O FOR THE FULL ACTIVITY #1 DESCRIPTION) 1142520 193032 AUXILIARY SERVICES - RGNS PROVIDES RESIDENTIAL HOUSING IN SEVEN RESIDENCE HALLS ON THE 1,400 ACRE CAMPUS FOR THE BOARDING STUDENTS WHO MAKE UP MORE THAN 60 PERCENT OF THE HIGH SCHOOL STUDENT POPULATION. RESIDENCE LIFE INCLUDES MANY PLANNED WEEKEND ACTIVITIES, AND THE HALLS HAVE AMENITIES SUCH AS STUDY ROOMS, KITCHENS, LAUNDRY ROOMS, VENDING MACHINES, AND COMMON AREAS. THE DINING HALL SERVES OVER 250,000 MEALS ON AN ANNUAL BASIS. IN ADDITION, THE STUDENT CENTER, CAMPUS STORE, EXERCISE ROOM, AND CENTRAL POSTAL SERVICES OPERATE FOR THE BENEFIT OF THE STUDENTS AND FACULTY. 1142520 56665 STUDENT ACTIVITIES AND ATHLETICS - RGNS PARTICIPATES IN A VARIETY OF SPORTS PROGRAMS WITHIN THE NORTH CAROLINA INDEPENDENT SCHOOL ATHLETIC ASSOCIATION. ALL SPORTS CONTINUE TO COMPETE AT HIGH LEVELS, BRINGING NOTORIETY TO THE SCHOOL IN MANY DIFFERENT AREAS. OF PARTICULAR NOTE, THE SCHOOL OFFERS COMPETITIVE TEAMS AT THE MIDDLE SCHOOL, JUNIOR VARSITY, AND VARSITY LEVELS. THE SCHOOL RECENTLY ADDED LACROSSE TO THE SPORTS PROGRAM. THE ARTS DEPARTMENT CONTINUES TO STRESS THE DEVELOPMENT OF HUMAN CREATIVE POTENTIAL FOR ALL THE STUDENTS WHO PARTICIPATE IN THE PROGRAMS AT ALL THREE DIVISIONS. THE OUTDOOR PROGRAM AND OTHER CAMPUS ORGANIZATIONS FURTHER STUDENT'S OPPORTUNITIES FOR GROWTH AND DEVELOPMENT. 28563006 true true false false false false true false false true true false false true false true true false true false true false true false false false false false true true false false false false true false true false false false false false false true false false false true 60 0 true 349 true true true false false false false false false false false false false false X 16 15 false false false false false false false true true false false true true true true true true true true false GA X SCOTT CARLSON 7067467467 339 NACOOCHEE DRIVE Rabun Gap GA 30568 X JEFFREY MILES HEAD OF SCHOOL 40.0 0.0 X 309471 0 99576 PAIGE SPIVEY ASSOCIATE HOS FOR ADVANCEMENT 40.0 0.0 X 162415 0 28627 SCOTT CARLSON CHIEF FINANCIAL OFFICER 40.0 0.0 X 123165 0 33477 ANNE FORREST PRIM COO (THRU APRIL 2023) 40.0 0.0 X 117821 0 23466 FREDERICK ALLEN TRUSTEE 1.0 0.0 X 0 0 0 J PAUL AUSTIN III TRUSTEE 1.0 0.0 X 0 0 0 JON BARNWELL TRUSTEE 1.0 0.0 X 0 0 0 LIDDELL AVERY BARTLETT TRUSTEE 1.0 0.0 X 0 0 0 G NILES BOLTON TRUSTEE 1.0 0.0 X 0 0 0 MARGARET F CARTON TRUSTEE 1.0 0.0 X 0 0 0 STEVEN P GILLIAM TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM C HORTON TRUSTEE 1.0 0.0 X 0 0 0 KATE MAINE TRUSTEE 1.0 0.0 X 0 0 0 TERRI PENDERGRAST TRUSTEE 1.0 0.0 X 0 0 0 REV JUAN SANDOVAL TRUSTEE 1.0 0.0 X 0 0 0 JOHN F SANDY SMITH TRUSTEE 1.0 0.0 X 0 0 0 PERRY TAYLOR TRUSTEE 1.0 0.0 X 0 0 0 JOHN UNDERWOOD TRUSTEE 1.0 0.0 X 0 0 0 LYNDA WHITE TRUSTEE 1.0 0.0 X 0 0 0 REV DR GEORGE B WIRTH TRUSTEE 1.0 0.0 X 0 0 0 RT REV ROBERT WRIGHT TRUSTEE 1.0 0.0 X 0 0 0 OMAR ZAVALA TRUSTEE 1.0 0.0 X 0 0 0 STELL HUIE TRUSTEE - EMERITUS 1.0 0.0 X 0 0 0 CHARLES D MOSELEY JR TRUSTEE - EMERITUS 1.0 0.0 X 0 0 0 712872 0 185146 4 false true false SAGE DINING SERVICES INC 1402 YORK RD LUTHERVILLE MD 21093 FOOD SERVICES 2198195 GREENVILLE NEWSCITIZEN-TIMES PO BOX 677566 DALLAS TX 752677566 ADVERTISING 129915 PRO TURF LANDSCAPE MAINTENANCE L 1771 HIGHWAY 441 S CLAYTON GA 30525 LANDSCAPING 104445 3 1307858 2622220 24843 3930078 TUITION REVENUE AND FEES 611600 24342703 24342703 AUXILIARY SERVICES 621110 193032 193032 STUDENT ACTIVITIES & ATHLETICS 611710 56665 56665 24592400 2240933 265968 1974965 0 0 377117 96992 280125 0 280125 280125 8882853 367443 8058552 8554 824301 358889 1183190 1183190 0 0 0 0 0 0 204693 144364 60329 60329 INSURANCE PROCEEDS 138715 138715 138715 32425770 24592400 265968 3637324 0 5019015 5019015 6699056 6699056 0 949628 727429 171506 50693 0 9617167 7366896 1736889 513382 241354 184881 43589 12884 958329 734095 173077 51157 664719 509185 120050 35484 0 61147 61147 121099 121099 0 0 107326 107326 279222 97728 167533 13961 295724 23329 271272 1123 205948 84860 107110 13978 173325 71419 90141 11765 0 1167517 1141238 17528 8751 384287 326644 30743 26900 0 8905 8015 445 445 263895 257955 3962 1978 0 1893737 1851113 28430 14194 484327 450250 25830 8247 DINING SERVICES 2260944 2223066 25252 12626 EQUIPMENT EXPENSES 513891 211750 267259 34882 STUDENT PROGRAMS 379979 379979 EMPLOYEE RELATIONS 172740 155466 8637 8637 96194 39637 50028 6529 33019475 28563006 3628853 827616 X 1932572 713930 6609220 8217826 242672 935198 10618967 11030286 0 0 0 0 0 0 94785 119860 423729 351314 77104462 48033365 28891311 29071097 28352530 29325354 4125249 3227770 0 0 0 0 24171454 24051504 105462489 107044139 968674 1687233 0 0 15270041 16115434 0 0 0 0 0 0 8570417 7880417 0 0 0 0 24809132 25683084 X 51383704 49355483 29269653 32005572 80653357 81361055 105462489 107044139 X -593705 698099 -1250 604554 X false true X true false X 2880835 1219355 4728150 14131417 3930078 26889835 0 0 2880835 1219355 4728150 14131417 3930078 26889835 10458372 16431463 2084452 1979117 1878685 2332774 2352082 10627110 14353 3052 65025 265968 348398 165413 -132686 146696 32658 138715 350796 38216139 109492453 0.42996 0.43324 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 11.65 1 true 4.00 400 34839075 366686 1658737 1726566 35137932 31074416 7637380 -2260507 1612214 34839075 35151989 1570462 3233490 8881525 31074416 39497271 162339 -290715 4216906 35151989 42419984 195977 2220767 5339457 39497271 0.72970 0.27030 true false 815281 815281 66034672 40377965 25656707 3756133 3346672 409461 6498376 4308728 2189648 29071097 REC FROM CHARITABLE REM TR 218420 INTEREST IN BENEFICIAL TRUSTS 19931203 REC FROM CHARITABLE LEAD TR 3307388 INTEREST RATE SWAP 594493 24051504 0 0 X 22144382 698099 845910 1544009 20600373 107326 11718071 11825397 32425770 21436684 242606 242606 21194078 107326 11718071 11825397 33019475 SCHEDULE D, PART II, LINES 5 & 9 THERE IS NO SPECIAL ACCOUNTING FOR THE SCHOOL'S CONSERVATION EASEMENT. THE 11.65 ACRES OF REAL PROPERTY IS SET ASIDE TO PROVIDE ENVIRONMENTAL PROTECTION FOR SURFACE WATERS AND TO PROTECT THE WILDLIFE AND NATURAL HERITAGE VALUES. THE STUDENTS AND FACULTY OF THE SCHOOL HOLD PRIMARY RESPONSIBILITY FOR THE MONITORING AND MAINTENANCE OF THE CONSERVATION EASEMENT. SCHEDULE D, PART V, LINE 4 PERMANENTLY RESTRICTED ENDOWMENT FUNDS ARE USED PREDOMINATELY FOR FINANCIAL AID TO THE STUDENTS OF THE SCHOOL. BOARD DESIGNATED ENDOWMENT FUNDS ARE FOR THE GENERAL OPERATIONS OF THE SCHOOL. TEMPORARILY RESTRICTED ENDOWMENT FUNDS ARE DONOR-IMPOSED RESTRICTIONS OF EITHER A TIME CONSTRAINT OR PURPOSE RESTRICTION. THE SCHOOL ATTEMPTS TO MEET TEMPORARY RESTRICTIONS AS SOON AS POSSIBLE. ALL EARNINGS FROM THE ENDOWED FUNDS ARE UTILIZED TO MAINTAIN A SUPERIOR EDUCATION AND FACILITY FOR ALL STUDENTS ATTENDING RGNS. SCHEDULE D, PART X, LINE 2 THE SCHOOL IS RECOGNIZED AS A SCHOOL EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"). ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE IS SUBJECT TO INCOME TAXES. DURING 2023 AND 2022, ALL THE ACTIVITIES OF THE SCHOOL QUALIFY AS EXEMPT ACTIVITIES AND DO NOT GIVE RISE TO UNRELATED BUSINESS INCOME. THE SCHOOL ANNUALLY EVALUATES ALL FEDERAL AND STATE INCOME TAX POSITIONS. THIS PROCESS INCLUDES AN ANALYSIS OF WHETHER THESE INCOME TAX POSITIONS THE SCHOOL TAKES MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION. IN THE NORMAL COURSE OF BUSINESS, THE SCHOOL IS SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE TAXING AUTHORITIES. IN GENERAL, THE SCHOOL IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR TAX YEARS ENDING BEFORE JUNE 30, 2020. SCHEDULE D, PART XI, LINE 2D 96,992 EXPENSES ASSOCIATED WITH RENTAL ACTIVITY 144,364 + EXPENSES ASSOCIATED WITH BOOKSTORE ACTIVITY 158,643 + INTEREST RATE SWAP 445,911 + SPLIT VALUE INTEREST -------------------------- 845,910 = SCHEDULE D, PART XI, LINE 4B 11,718,071 FINANCIAL AID & SCHOLARSHIPS NETTED WITH F/S INCOME SCHEDULE D, PART XII, LINE 2D 96,992 EXPENSES ASSOCIATED WITH RENTAL ACTIVITY 1,250 + BAD DEBT EXPENSE 144,364 + EXPENSES ASSOCIATED WITH BOOKSTORE ACTIVITY -------------------------- 242,606 = SCHEDULE D, PART XII, LINE 4B 11,718,071 FINANCIAL AID & SCHOLARSHIPS NETTED WITH F/S INCOME true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 IT IS THE POLICY OF THE SCHOOL THAT AT ANY TIME DURING THE YEAR THAT AN ADVERTISEMENT IS PUBLISHED, THE NONDISCRIMINATION POLICY IS INCLUDED IN THE ADVERTISEMENT. IN ADDITION, THE POLICY IS INCLUDED ON THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 6A THE U.S. DEPARTMENT OF EDUCATION ISSUED THE EMERGENCY ASSISTANCE TO NON-PUBLIC SCHOOLS (EANS) PROGRAM UNDER THE CORONAVIRUS RESPONSE AND RELIEF SUPPLEMENTAL APPROPRIATIONS ACT, 2021 (CRRSA ACT), PUB. L. NO. 116-260 (DECEMBER 27, 2020) AND THE AMERICAN RESCUE PLAN ACT OF 2021, PUB. L. NO. 117-2 (MARCH 11, 2021) (ARPA- EANS). THE PURPOSE OF THE EMERGENCY ASSISTANCE TO NON-PUBLIC SCHOOLS (EANS) PROGRAM IS TO PROVIDE SERVICES OR ASSISTANCE TO ELIGIBLE NON-PUBLIC SCHOOLS TO ADDRESS EDUCATIONAL DISRUPTIONS CAUSED BY COVID-19. true Central America and the Caribbean 0 0 Program Services STUDENT RECRUITMENT 22929 East Asia and the Pacific 0 0 Program Services STUDENT RECRUITMENT 90980 Europe (Including Iceland and Greenland) 0 0 Program Services STUDENT RECRUITMENT 97804 Middle East and North Africa 0 0 Program Services STUDENT RECRUITMENT 4089 North America 0 0 Program Services STUDENT RECRUITMENT 20840 South Asia 0 0 Program Services STUDENT RECRUITMENT 6830 Sub-Saharan Africa 0 0 Program Services STUDENT RECRUITMENT 7496 Central America and the Caribbean 0 0 Grantmaking FINANCIAL ASSISTANCE 647781 East Asia and the Pacific 0 0 Grantmaking FINANCIAL ASSISTANCE 271306 Europe (Including Iceland and Greenland) 0 0 Grantmaking FINANCIAL ASSISTANCE 3570491 North America 0 0 Grantmaking FINANCIAL ASSISTANCE 1339594 Russia and the Newly Independent States 0 0 Grantmaking FINANCIAL ASSISTANCE 45800 South America 0 0 Grantmaking FINANCIAL ASSISTANCE 34535 South Asia 0 0 Grantmaking FINANCIAL ASSISTANCE 73523 Sub-Saharan Africa 0 0 Grantmaking FINANCIAL ASSISTANCE 716026 0 0 0 0 6950024 6950024 FINANCIAL AID Central America and the Caribbean 15 647781 TUITION CRED BOOK FINANCIAL AID East Asia and the Pacific 8 271306 TUITION CRED BOOK FINANCIAL AID Europe (Including Iceland and Greenland) 74 3570491 TUITION CRED BOOK FINANCIAL AID North America 26 1339594 TUITION CRED BOOK FINANCIAL AID Russia and the Newly Independent States 1 45800 TUITION CRED BOOK FINANCIAL AID South America 1 34535 TUITION CRED BOOK FINANCIAL AID South Asia 2 73523 TUITION CRED BOOK FINANCIAL AID Sub-Saharan Africa 16 716026 TUITION CRED BOOK true false false true false false SCHEDULE F, PART I, LINE 2 RECIPIENTS FOR FINANCIAL AID ARE BASED ON A FAMILY'S DEMONSTRATED FINANCIAL NEED WITHOUT REGARD TO RACE, COLOR, GENDER, RELIGION, OR ETHNIC ORIGIN. ALL MONIES ARE EXPENDED INSIDE THE UNITED STATES AND NOT TRANSFERRED TO THE GRANTEE. SCHEDULE F, PART IV, LINE 1 THE ORGANIZATION'S TRANSFERS OF PROPERTY DURING THE CURRENT TAX YEAR DID NOT EXCEED $100,000 CASH NOR RESULT IN AT LEAST 10% OWNERSHIP IN THE FOREIGN CORPORATION. THERE IS NO FORM 926 FILING REQUIREMENT FOR THE ORGANIZATION. SCHEDULE F, PART IV, LINE 4 THE ORGANIZATION IS AN INVESTOR IN ONE OR MORE "PASSIVE FOREIGN INVESTMENT COMPANIES" (PFICS). THE ORGANIZATION DID NOT RECEIVE ANY TAXABLE DISTRIBUTIONS FROM ANY OF THE PFICS DURING THE TAX YEAR. FORM 8621 IS NOT BEING FILED, PURSUANT TO IRS GUIDANCE SET FORTH IN REG. SEC. 1.1291-1(E). true FINANCIAL AID & SCHOLARSHIP 284 5019015 BOOK TUITION CRED SCHEDULE I, PART I, LINE 1 FUNDS ARE PROVIDED TO STUDENTS BASED ON NEED. SCHEDULE I, PART I, LINE 2 ALL GRANTS ARE FOR FINANCIAL AID AND ARE RECORDED IN THE STUDENTS ACCOUNTS AT THE TIME OF THE AWARD. X X X false true X X X false false false false false false false true false JEFFREY MILES HEAD OF SCHOOL 284471 25000 0 14429 89420 413320 0 PAIGE SPIVEY ASSOCIATE HOS FOR ADVANCEMENT 162415 0 0 7972 20739 191126 0 SCOTT CARLSON CHIEF FINANCIAL OFFICER 123165 0 0 0 33785 156950 0 SCHEDULE J, PART I, LINE 1A HEAD OF SCHOOL IS REQUIRED TO LIVE ON CAMPUS IN A HOME PROVIDED BY THE SCHOOL. IN ADDITION TO THE HOME, THE SCHOOL PROVIDES MAID SERVICES TO THE HEAD OF SCHOOL. THE SCHOOL ALSO PROVIDES FOR PAYMENT OF MEMBERSHIP FEES FOR THE OFFICER TO CONDUCT VARIOUS BUSINESS MATTERS. SCHEDULE J, PART I, LINE 7 PERFORMANCE BONUS WAS PAID TO CERTAIN MEMBERS OF MANAGEMENT DURING THE TAX YEAR. NA N/A 9000 TUITION DISCOUNT SCHOLARSHIP KIANA MILES SPOUSE OF HEAD OF SCHOOL, JEFFREY MILES 28500 COMPENSATION false FORM 990, PART III, LINE 4A (CONTINUED FROM PART III, LINE 4A) - RABUN GAP - NACOOCHEE SCHOOL IS A NEARLY 120-YEAR-OLD INDEPENDENT BOARDING AND DAY SCHOOL PROVIDING CO-EDUCATION COLLEGE-PREPARATORY IN GRADES PK THROUGH TWELVE THAT HAS A HISTORIC RELATIONSHIP WITH THE PRESBYTERIAN CHURCH. RABUN GAP - NACOOCHEE SCHOOL (RGNS) EDUCATED APPROXIMATELY 680 STUDENTS FROM 56 COUNTRIES AND 15 STATES FOR THE CURRENT FISCAL YEAR WITH AN AVERAGE CLASS SIZE OF 12. AVERAGE ENROLLMENTS FOR EACH DIVISION ARE 170 IN THE LOWER SCHOOL, 110 IN THE MIDDLE SCHOOL, AND 400 IN THE UPPER SCHOOL. INTERNATIONAL STUDENTS COMPRISE APPROXIMATELY ONE-QUARTER OF THE STUDENT BODY. THE FACULTY AVERAGES 15+ YEARS OF TEACHING EXPERIENCE. OF MORE THAN 80 FACULTY MEMBERS, APPROXIMATELY 60 PERCENT HOLD GRADUATE DEGREES OR HIGHER. ADVANCED PLACEMENT (AP) COURSES ARE OFFERED IN ALL ACADEMIC DEPARTMENTS WITH OVER 120 STUDENTS ENROLLED IN AT LEAST ONE AP COURSE AND MORE THAN 80 PERCENT OF THE AP CANDIDATES RECEIVED A SCORE OF 3 OR HIGHER, MAKING THEM ELIGIBLE TO RECEIVE COLLEGE CREDIT FOR THEIR WORK. WITH MORE THAN 40 CLUBS, COMPETITIVE ATHLETIC TEAMS, AND STUDENT ORGANIZATIONS, STUDENTS PARTICIPATE IN A WIDE RANGE OF ACTIVITIES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD AND THEN MADE AVAILABLE TO THE ENTIRE BOARD PRIOR TO FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS ALL BOARD OF TRUSTEE MEMBERS ARE REQUIRED TO SIGN A STATEMENT THAT THEY ARE INDEPENDENT WITH RESPECT TO THE SCHOOL. EACH OF THE BOARD MEMBERS MAKES THIS AFFIRMATIVE STATEMENT WITH THE UNDERSTANDING THAT THE SCHOOL MUST MAINTAIN A GOVERNING BODY THAT IS ACTING ON BEHALF OF THE WELL-BEING OF THE INSTITUTION. FORM 990, PART VI, SECTION B, LINES 15A & 15B THE BOARD OF TRUSTEES AND THE EXECUTIVE COMMITTEE REVIEW THE ACTIVITIES OF THE HEAD OF SCHOOL ON AN ANNUAL BASIS AND THE USE OF THE CRITERIA ESTABLISHED FROM THE PRIOR YEAR TO EVALUATE THE EFFECTIVENESS OF THE POSITION AND SET CRITERIA FOR THE COMING YEAR. THE RESULTS ARE COMMUNICATED TO THE HEAD OF SCHOOL ALONG WITH SUGGESTIONS FOR ENHANCING THE EXPERIENCE OF STUDENTS AND ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES AVAILABLE FOR PUBLIC INSPECTION ITS TAX FILINGS AND OTHER INFORMATION TO THE PUBLIC UPON REQUEST AND AT ITS BUSINESS OFFICE DURING REGULAR BUSINESS HOURS. FORM 990, PART XI, LINE 5 590,093 UNREALIZED GAIN ON INVESTMENTS 108,006 + UNREALIZED GAIN ON VALUE OF SPLIT INTEREST ----------------------- 698,099 = NET UNREALIZED GAIN FORM 990, PART XI, LINE 9 158,643 INTEREST RATE SWAP 445,911 + SPLIT VALUE INTEREST ----------------------- 604,554 = NET OTHER CHANGES RABUN GAP-NACOOCHEE GUILD INC 53 LAKE LATIMER DRIVE NE KENNESAW GA 30144 581794615 FUNDRAISING GA 501(C)(3) 12 NA false TR RABUN GAP NSCAMPBELL TRUIST BANK PO BOX 1908 ORLANDO FL 32802 586026048 INVESTMENT GA TRUIST BANK TRUST 0 17174283 1.00000 false THE GILMER FUND TRUIST BANK PO BOX 1908 ORLANDO FL 32802 586026049 INVESTMENT GA TRUIST BANK TRUST 0 0 1.00000 false MASON MEMORIAL FUND TRUIST BANK PO BOX 1908 ORLANDO FL 32802 586026050 INVESTMENT GA TRUIST BANK TRUST 0 169807 1.00000 false ADDIE CORN RITCHIE MEMORIAL SCH FD TRUIST BANK PO BOX 1908 ORLANDO FL 32802 586050899 INVESTMENT GA TRUIST BANK TRUST 0 0 1.00000 false THURMAN M WALDROP IRREV TR PO BOX 40200 MAILSTOP FL9-100-10-1 JACKSONVILLE FL 32203 597265965 GRANTS FL NA TRUST 0 328925 0.50000 false CHARITABLE REMAINDER UNITRUSTS (5) INVESTMENT GA VARIOUS TRUST ROSABEL AND MK PENTECOST MEMORIAL FUND INVESTMENT GA TRUIST BANK TRUST 0 29431 1.00000 false DAVID C WAY CHARITABLE TRUST INVESTMENTS GA TRUIST BANK TRUST 0 16275 1.00000 false PAUL AND FLORA HUBBARD TRUST INVESTMENTS GA TRUIST BANK TRUST 0 14722 1.00000 false SMYTH TRUST INVESTMENTS GA TRUIST BANK TRUST 0 19613 1.00000 false ELSIE NAOMI MEMORIAL FUND INVESTMENTS GA TRUIST BANK TRUST 0 2224 1.00000 false HODGSON FUND INVESTMENTS GA TRUIST BANK TRUST 0 0 1.00000 false TRUST COMPANY FUND INVESTMENTS GA TRUIST BANK TRUST 0 93 1.00000 false false false false false false false false false false false false false false false false false false false false