2024-05-07T15:26:17-05:00 2023-06-30 620647474 BLACKBURN CHILDERS & STEAGALL PLC 801B SUNSET DRIVE JOHNSON CITY TN 376043033 990 2022-07-01 621564142 PROVIDENCE ACADEMY PROV 4238549819 2788 CARROLL CREEK ROAD JOHNSON CITY TN 37615 BENJAMIN HOLLAND HEAD OF SCHOOL 4238549819 2024-05-07 1 BENJAMIN HOLLAND 999009999 0 SARAH PRESNELL P01269151 4232824511 2024-05-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BENJAMIN HOLLAND 2788 CARROLL CREEK ROAD JOHNSON CITY TN 37615 8311759 0 X WWW.PROVIDENCEACADEMY.COM X 1994 TN PROVIDENCE ACADEMY PARTNERS WITH PARENTS TO EQUIP STUDENTS TO DEVELOP SPIRITUAL MATURITY AND ACHIEVE ACADEMIC EXCELLENCE THROUGH A BIBLICALLY-BASED, CHRIST-CENTERED, CLASSICAL EDUCATION, SO THEY WILL THINK AND LIVE IN A MANNER WHICH BRINGS GLORY TO GOD. 9 9 144 200 0 0 4560475 2167742 4970814 5816530 5260 35012 473212 197170 10009761 8216454 443515 445624 0 0 3807892 4527626 0 0 539796 2114035 2274583 6365442 7247833 3644319 968621 17103088 19938375 5918234 4148660 11184854 15789715 TO EQUIP STUDENTS TO ACHIEVE ACADEMIC EXCELLENCE AND SPIRITUAL MATURITY THROUGH A BIBLICALLY BASED, CHRIST-CENTERED, CLASSICAL EDUCATION SO THEY WILL THINK AND LIVE IN A MANNER WHICH BRINGS GLORY TO GOD. 0 0 5488905 445624 5816530 PROVIDENCE ACADEMY PARTNERS WITH PARENTS TO EQUIP STUDENTS TO DEVELOP SPIRITUAL MATURITY AND ACHIEVE ACADEMIC EXCELLENCE THROUGH A BIBLICALLY-BASED, CHRIST-CENTERED, CLASSICAL EDUCATION, SO THEY WILL THINK AND LIVE IN A MANNER WHICH BRINGS GLORY TO GOD. 5488905 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 39 0 1 144 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X JESSIE DENTON 4238549819 2788 CARROLL CREEK ROAD JOHNSON CITY TN 37615 MORRIS HENARD EX-OFFICIO 1.00 X 0 0 0 BJ SMITH CHAIRMAN 1.00 X X 0 0 0 EARLE CHUTE BOARD MEMBER 1.00 X 0 0 0 MARK HECHT BOARD MEMBER 1.00 X 0 0 0 JOSH PUHR BOARD MEMBER 1.00 X 0 0 0 ALISA VANCOTT BOARD MEMBER 1.00 X 0 0 0 MATT JONES VICE CHAIR 1.00 X X 0 0 0 WAYNE TURBYFIELD BOARD MEMBER 1.00 X 0 0 0 REX GARRISON BOARD MEMBER 1.00 X 0 0 0 JOSHUA HICKS SECRETARY 1.00 X X 0 0 0 BEN HOLLAND HEAD OF SCHOOL 40.00 X 123097 0 8074 123097 0 8074 1 0 0 0 0 488070 1679672 570120 2167742 TUITION & FEES 611600 5816530 5816530 5816530 35012 35012 292475 488070 95305 197170 197170 8216454 5816530 0 232182 445624 445624 131172 101287 25322 4563 3773865 2907180 726796 139889 331093 264875 66218 291496 233197 58299 74294 74294 10722 10722 239791 191833 47958 5867 5867 387813 345372 42441 42716 21358 21358 MISCELLANEOUS 351216 287901 49048 14267 EQUIPMENT MAINTENANCE A 273230 218584 54646 CURRICULUM & ACCREDITAT 170954 170954 UTILITIES 128390 102712 25678 589590 198028 21207 370355 7247833 5488905 1219132 539796 3161257 1281655 2782912 4184316 3925083 57437 17292 20903 123608 267498 18955881 4829456 7092936 14126425 0 141 17103088 19938375 156224 1563055 5267494 1822932 122585 101704 371931 660969 5918234 4148660 X 7631014 10662486 3553840 5127229 11184854 15789715 17103088 19938375 X 968621 3636240 X X 1 X 0 0 0 X 367658 1095417 1183210 4560475 1746777 8953537 367658 1095417 1183210 4560475 1746777 8953537 280515 8673022 9408 6610 1972 2005 35012 55007 173175 120043 257929 522307 713440 1786894 10795438 22464344 0.80340 0.82220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1378343 1378343 8244854 3615391 4629463 411156 237384 173772 8921528 976681 7944847 14126425 DUE TO CLASSES 4017 ACCRUED SICK TIME PAYABLE 198667 ACCRUED PAYROLL 215658 LINE OF CREDIT 242627 660969 X 11502375 3731545 3731545 7770830 445624 445624 8216454 6897514 95305 95305 6802209 445624 445624 7247833 PART X, LINE 2: NOTE 10-TAX UNCERTAINTIES: THE SCHOOL FOLLOWS THE FASB ACCOUNTING STANDARDS CODIFICATION, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. AS OF JUNE 30, 2023 AND 2022, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. HOWEVER, NO INTEREST OR PENALTIES WERE RECORDED DURING THE YEARS ENDED JUNE 30, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES OFFSET WITH FUNDRAISING REVENUE 95,305. NET CHANGE IN PLEDGES RECEIVABLE 3,636,240. PART XI, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL SCHOLARSHIPS OFFSETTING STUDENT TUITION AND FEES 445,624. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES OFFSET WITH FUNDRAISING REVENUE 95,305. PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL SCHOLARSHIPS OFFSETTING STUDENT TUITION AND FEES 445,624. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION RELIES PRINCIPALLY UPON THE BROCHURES AND PRINTED MATTER TO COMMUNICATE THE RACIALLY NONDISCRIMINATORY POLICY. RADIO EXPOSURE IS PRIMARILY A SPONSORSHIP OF CHRISTIAN PROGRAMMING. AUCTION 196637 196637 70233 FALL BUSINESS DIRECTORY 79861 79861 9883 1 504047 488070 15977 15189 780545 488070 292475 95305 95305 197170 1 CASH SCHOLARSHIPS/DISCOUNTS TO STUDENTS OF PROVIDENCE ACADEMY IN WASHINGTON COUNTY, TN 231 445624 N/A N/A PART I, LINE 2: RECIPIENTS RECEIVE FUNDS DIRECTLY ON THEIR ACCOUNTS BY THE SCHOOL. NO FUNDS ARE EVER DISBURSED DIRECTLY TO THE INDIVIDUALS. X BUILDING MATERIALS 5 503015 FMV X ITEMS FOR AUCTION/BASKETS 291 67105 FMV 0 0 1 PART I, LINE 32B: THE SCHOOL USES A THIRD PARTY TO PROCESS ONLINE CONTRIBUTIONS SUCH AS STOCK AND ANNUITIES. THESE TRANSACTIONS ARE NOT FREQUENT AND ARE NOT A MATERIAL PORTION OF THEIR NON CASH CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS AS DEFINED BY THE IRS AS ANY PERSON WHO HAS THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE. THEY DO NOT RECEIVE DISTRIBUTIONS OF INCOME OR ASSETS FROM THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE SCHOOL CONSIDERS ALL PARTICIPANTS IN THE SCHOOL'S PARENT/TEACHER ORGANIZATION, AS MEMBERS. THIS INCLUDES PARENTS OF CURRENT STUDENTS, SCHOOL STAFF AND ALUMNI AND THEIR PARENTS. PER THE SCHOOL'S BY-LAWS, MEMBERS CAN NOMINATE BOARD MEMBERS. ELECTION OF NEW BOARD MEMBERS WILL BE AFFIRMED BY A MAJORITY OF BALLOTS FROM MEMBERS RETURNED TO THE BOARD AT OR BEFORE THE ANNUAL ASSOCIATION MEETING. FORM 990, PART VI, SECTION B, LINE 11B DISTRIBUTED BY E-MAIL TO BOARD MEMBERS FOR REVIEW AND APPROVAL, VOTE TAKEN AND DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 12C COMPLETED ANNUALLY DURING REVIEW OR AUDIT PROCESS FORM 990, PART VI, SECTION B, LINE 15 BOARD REVIEWS ANNUALLY AND SETS COMPENSATION FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9: NET CHANGE IN PLEDGES RECEIVABLE 3,636,240. FORM 990, PART XII, LINE 2C THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF AUDIT, REVIEW OR COMPILATION OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.