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      <Form990PartVIISectionAGrp>
        <PersonNm>STEVE PALMER</PersonNm>
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        <AverageHoursPerWeekRt>40.00</AverageHoursPerWeekRt>
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        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>196437</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>11138</OtherCompensationAmt>
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      <Form990PartVIISectionAGrp>
        <PersonNm>WALLY MROZIK</PersonNm>
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        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
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        <OtherCompensationAmt>0</OtherCompensationAmt>
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      <TotalReportableCompFromOrgAmt>378372</TotalReportableCompFromOrgAmt>
      <TotReportableCompRltdOrgAmt>0</TotReportableCompRltdOrgAmt>
      <TotalOtherCompensationAmt>22827</TotalOtherCompensationAmt>
      <IndivRcvdGreaterThan100KCnt>2</IndivRcvdGreaterThan100KCnt>
      <FormerOfcrEmployeesListedInd>0</FormerOfcrEmployeesListedInd>
      <TotalCompGreaterThan150KInd>1</TotalCompGreaterThan150KInd>
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      <CntrctRcvdGreaterThan100KCnt>0</CntrctRcvdGreaterThan100KCnt>
      <AllOtherContributionsAmt>188130</AllOtherContributionsAmt>
      <TotalContributionsAmt>188130</TotalContributionsAmt>
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        <Desc>TUITION AND FEES</Desc>
        <BusinessCd>611600</BusinessCd>
        <TotalRevenueColumnAmt>6760289</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>6760289</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <ProgramServiceRevenueGrp>
        <Desc>STUDENT ACTIVITIES</Desc>
        <BusinessCd>611600</BusinessCd>
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        <RelatedOrExemptFuncIncomeAmt>164973</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <ProgramServiceRevenueGrp>
        <Desc>ANCILLARY PROGRAMS</Desc>
        <BusinessCd>611600</BusinessCd>
        <TotalRevenueColumnAmt>47977</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>47977</RelatedOrExemptFuncIncomeAmt>
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        <TotalRevenueColumnAmt>84482</TotalRevenueColumnAmt>
        <ExclusionAmt>84482</ExclusionAmt>
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      </GrossRentsGrp>
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        <RealAmt>0</RealAmt>
      </LessRentalExpensesGrp>
      <RentalIncomeOrLossGrp>
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      </RentalIncomeOrLossGrp>
      <NetRentalIncomeOrLossGrp>
        <TotalRevenueColumnAmt>600</TotalRevenueColumnAmt>
        <ExclusionAmt>600</ExclusionAmt>
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      <GrossAmountSalesAssetsGrp>
        <SecuritiesAmt>1145841</SecuritiesAmt>
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        <SecuritiesAmt>1139443</SecuritiesAmt>
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        <SecuritiesAmt>6398</SecuritiesAmt>
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      <NetGainOrLossInvestmentsGrp>
        <TotalRevenueColumnAmt>6398</TotalRevenueColumnAmt>
        <ExclusionAmt>6398</ExclusionAmt>
      </NetGainOrLossInvestmentsGrp>
      <FundraisingGrossIncomeAmt>51937</FundraisingGrossIncomeAmt>
      <FundraisingDirectExpensesAmt>41148</FundraisingDirectExpensesAmt>
      <NetIncmFromFundraisingEvtGrp>
        <TotalRevenueColumnAmt>10789</TotalRevenueColumnAmt>
        <ExclusionAmt>10789</ExclusionAmt>
      </NetIncmFromFundraisingEvtGrp>
      <OtherRevenueMiscGrp>
        <Desc>OTHER MISCELLANEOUS REVENUE</Desc>
        <BusinessCd>611600</BusinessCd>
        <TotalRevenueColumnAmt>36963</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>36963</RelatedOrExemptFuncIncomeAmt>
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      <OtherRevenueTotalAmt>36963</OtherRevenueTotalAmt>
      <TotalRevenueGrp>
        <TotalRevenueColumnAmt>7300601</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>7010202</RelatedOrExemptFuncIncomeAmt>
        <UnrelatedBusinessRevenueAmt>0</UnrelatedBusinessRevenueAmt>
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      <GrantsToDomesticIndividualsGrp>
        <TotalAmt>327820</TotalAmt>
        <ProgramServicesAmt>327820</ProgramServicesAmt>
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      <CompCurrentOfcrDirectorsGrp>
        <TotalAmt>401199</TotalAmt>
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        <ProgramServicesAmt>2673584</ProgramServicesAmt>
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        <ManagementAndGeneralAmt>7377</ManagementAndGeneralAmt>
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        <ManagementAndGeneralAmt>14375</ManagementAndGeneralAmt>
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        <ProgramServicesAmt>4984</ProgramServicesAmt>
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        <ProgramServicesAmt>53161</ProgramServicesAmt>
        <ManagementAndGeneralAmt>159484</ManagementAndGeneralAmt>
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      <OccupancyGrp>
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        <ProgramServicesAmt>121590</ProgramServicesAmt>
        <ManagementAndGeneralAmt>17737</ManagementAndGeneralAmt>
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      <ConferencesMeetingsGrp>
        <TotalAmt>30008</TotalAmt>
        <ProgramServicesAmt>17251</ProgramServicesAmt>
        <ManagementAndGeneralAmt>12534</ManagementAndGeneralAmt>
        <FundraisingAmt>223</FundraisingAmt>
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        <ProgramServicesAmt>57104</ProgramServicesAmt>
        <ManagementAndGeneralAmt>8158</ManagementAndGeneralAmt>
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      <DepreciationDepletionGrp>
        <TotalAmt>273223</TotalAmt>
        <ProgramServicesAmt>236817</ProgramServicesAmt>
        <ManagementAndGeneralAmt>36406</ManagementAndGeneralAmt>
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      <InsuranceGrp>
        <TotalAmt>45554</TotalAmt>
        <ProgramServicesAmt>22777</ProgramServicesAmt>
        <ManagementAndGeneralAmt>22777</ManagementAndGeneralAmt>
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      <OtherExpensesGrp>
        <Desc>REPAIRS AND MAINTENANCE</Desc>
        <TotalAmt>286688</TotalAmt>
        <ProgramServicesAmt>250279</ProgramServicesAmt>
        <ManagementAndGeneralAmt>36409</ManagementAndGeneralAmt>
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      <OtherExpensesGrp>
        <Desc>STUDENT ACTIVITIES</Desc>
        <TotalAmt>201501</TotalAmt>
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        <ManagementAndGeneralAmt>1716</ManagementAndGeneralAmt>
        <FundraisingAmt>13889</FundraisingAmt>
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      <OtherExpensesGrp>
        <Desc>CLASSROOM AND INSTRUCTI</Desc>
        <TotalAmt>74949</TotalAmt>
        <ProgramServicesAmt>74949</ProgramServicesAmt>
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      <TotalFunctionalExpensesGrp>
        <TotalAmt>6472834</TotalAmt>
        <ProgramServicesAmt>4865497</ProgramServicesAmt>
        <ManagementAndGeneralAmt>1408549</ManagementAndGeneralAmt>
        <FundraisingAmt>198788</FundraisingAmt>
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      <CashNonInterestBearingGrp>
        <BOYAmt>4939361</BOYAmt>
        <EOYAmt>6365571</EOYAmt>
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      <PledgesAndGrantsReceivableGrp>
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        <EOYAmt>6041</EOYAmt>
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        <EOYAmt>0</EOYAmt>
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        <EOYAmt>720140</EOYAmt>
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        <BOYAmt>11281646</BOYAmt>
        <EOYAmt>12915316</EOYAmt>
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        <EOYAmt>2144562</EOYAmt>
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        <EOYAmt>720140</EOYAmt>
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        <EOYAmt>6560654</EOYAmt>
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        <EOYAmt>5590034</EOYAmt>
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      <DonorRestrictionNetAssetsGrp>
        <BOYAmt>889628</BOYAmt>
        <EOYAmt>764628</EOYAmt>
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        <BOYAmt>5621987</BOYAmt>
        <EOYAmt>6354662</EOYAmt>
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        <EOYAmt>12915316</EOYAmt>
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      <NetUnrlzdGainsLossesInvstAmt>-95092</NetUnrlzdGainsLossesInvstAmt>
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      <InfoInScheduleOPartXIIInd>X</InfoInScheduleOPartXIIInd>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>0</AccountantCompileOrReviewInd>
      <FSAuditedInd>1</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>1</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
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      <SchoolInd>X</SchoolInd>
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      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
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        <EndYearBalanceAmt>697989</EndYearBalanceAmt>
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        <InvestmentEarningsOrLossesAmt>12970</InvestmentEarningsOrLossesAmt>
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        <EndYearBalanceAmt>659039</EndYearBalanceAmt>
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        <InvestmentEarningsOrLossesAmt>51639</InvestmentEarningsOrLossesAmt>
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        <BookValueAmt>720140</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
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      <OtherLiabilitiesOrgGrp>
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        <Amt>720140</Amt>
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      <TotalRevEtcAuditedFinclStmtAmt>6923229</TotalRevEtcAuditedFinclStmtAmt>
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      <RevenueNotReportedAmt>-95092</RevenueNotReportedAmt>
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      <RevenueNotReportedFinclStmtAmt>282280</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>7300601</TotalRevenuePerForm990Amt>
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      <SupplementalInformationDetail>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XII, LINE 4B - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
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      <PolicyStmtInBrochuresEtcInd>1</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>1</PlcyPblczdViaBroadcastMediaInd>
      <MaintainRacialCompRecsInd>1</MaintainRacialCompRecsInd>
      <MaintainScholarshipsRecsInd>1</MaintainScholarshipsRecsInd>
      <MaintainCpyOfBrochuresEtcInd>1</MaintainCpyOfBrochuresEtcInd>
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      <DiscriminateRaceEducPlcyInd>0</DiscriminateRaceEducPlcyInd>
      <DiscriminateRaceUseOfFcltsInd>0</DiscriminateRaceUseOfFcltsInd>
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        <ExplanationTxt>THE COTTAGE SCHOOL IS A 501(C)(3)ORGANIZATION THAT MAINTAINS A NON-DISCRIMINATORY POLICY IN ALL SCHOOL PROGRAMS. THIS STATEMENT IS INCLUDED IN MATERIALS AND WEBSITE INFORMATION THAT INFORMS THE PUBLIC ABOUT THE SCHOOL.</ExplanationTxt>
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        <GrossRevenueEvent1Amt>28055</GrossRevenueEvent1Amt>
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        <OtherDirectExpensesEvent1Amt>16948</OtherDirectExpensesEvent1Amt>
        <Event2Nm>PUMPKIN RUN</Event2Nm>
        <GrossReceiptsEvent2Amt>23882</GrossReceiptsEvent2Amt>
        <GrossRevenueEvent2Amt>23882</GrossRevenueEvent2Amt>
        <RentFacilityCostsEvent2Amt>610</RentFacilityCostsEvent2Amt>
        <OtherDirectExpensesEvent2Amt>5580</OtherDirectExpensesEvent2Amt>
        <OtherEventsTotalCnt>1</OtherEventsTotalCnt>
        <GrossReceiptsTotalAmt>51937</GrossReceiptsTotalAmt>
        <GrossRevenueTotalEventsAmt>51937</GrossRevenueTotalEventsAmt>
        <RentFcltyCostsTotalEventsAmt>4410</RentFcltyCostsTotalEventsAmt>
        <FoodAndBeverageTotalEventsAmt>14210</FoodAndBeverageTotalEventsAmt>
        <OthDirectExpnssTotalEventsAmt>22528</OthDirectExpnssTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>41148</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>10789</NetIncomeSummaryAmt>
      </FundraisingEventInformationGrp>
    </IRS990ScheduleG>
    <IRS990ScheduleI documentId="RetDoc1041900001">
      <GrantRecordsMaintainedInd>0</GrantRecordsMaintainedInd>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>SCHOLARSHIP</GrantTypeTxt>
        <RecipientCnt>45</RecipientCnt>
        <CashGrantAmt>327820</CashGrantAmt>
        <ValuationMethodUsedDesc>BOOK</ValuationMethodUsedDesc>
        <NonCashAssistanceDesc>TUITION IS REDUCED BY AMOUNT OF AWARD.</NonCashAssistanceDesc>
      </GrantsOtherAsstToIndivInUSGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE I, PART III</FormAndLineReferenceDesc>
        <ExplanationTxt>PARENTS/GUARDIANS ARE REQUIRED TO COMPLETE A FINANCIAL AID APPLICATION THROUGH A THIRD PARTY FINANCIAL AID ASSESSMENT FIRM (TADS). THE RESULTS OF THE TADS APPLICATION ARE SUMMARIZED AND PRESENTED ALONG WITH ALL STUDENTS REQUESTING FINANCIAL AID TO THE FINANCIAL AID COMMITTEE. THE COMMITTEE HAS ESTABLISHED A POINT SYSTEM AWARDING (OR DEDUCTING) POINTS FOR VARIOUS INDICATORS OF NEED. EXAMPLES WOULD INCLUDE (BUT ARE NOT LIMITED TO) GRADE LEVEL, TADS RECOMMENDED LEVEL OF NEED, COMPLETENESS OF APPLICATION, AMOUNT OF AID PROVIDED IN PREVIOUS YEAR(S), SPECIAL CIRCUMSTANCES, PRINCIPAL INPUT, ETC. THE FINANCIAL AID COMMITTEE MAKES FINAL DETERMINATION OF NEED, AND BASED ON AVAILABLE SCHOLARSHIP FUNDS MAKES A PRELIMINARY OFFER OF AID TO THE FAMILY. UPON ACCEPTANCE OF THE FINANCIAL AID, THE STUDENT IS AWARDED THE SCHOLARSHIP.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="RetDoc1042400001">
      <CompensationCommitteeInd>X</CompensationCommitteeInd>
      <WrittenEmploymentContractInd>X</WrittenEmploymentContractInd>
      <CompensationSurveyInd>X</CompensationSurveyInd>
      <BoardOrCommitteeApprovalInd>X</BoardOrCommitteeApprovalInd>
      <SeverancePaymentInd>0</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>0</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>0</EquityBasedCompArrngmInd>
      <CompBasedOnRevenueOfFlngOrgInd>0</CompBasedOnRevenueOfFlngOrgInd>
      <CompBsdOnRevRelatedOrgsInd>0</CompBsdOnRevRelatedOrgsInd>
      <CompBsdNetEarnsFlngOrgInd>0</CompBsdNetEarnsFlngOrgInd>
      <CompBsdNetEarnsRltdOrgsInd>0</CompBsdNetEarnsRltdOrgsInd>
      <AnyNonFixedPaymentsInd>0</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>0</InitialContractExceptionInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>STEVE PALMER</PersonNm>
        <TitleTxt>EXECUTIVE DIRECTOR</TitleTxt>
        <BaseCompensationFilingOrgAmt>179812</BaseCompensationFilingOrgAmt>
        <CompensationBasedOnRltdOrgsAmt>0</CompensationBasedOnRltdOrgsAmt>
        <BonusFilingOrganizationAmount>10625</BonusFilingOrganizationAmount>
        <BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
        <OtherCompensationFilingOrgAmt>6000</OtherCompensationFilingOrgAmt>
        <OtherCompensationRltdOrgsAmt>0</OtherCompensationRltdOrgsAmt>
        <DeferredCompensationFlngOrgAmt>11138</DeferredCompensationFlngOrgAmt>
        <DeferredCompRltdOrgsAmt>0</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsFilingOrgAmt>0</NontaxableBenefitsFilingOrgAmt>
        <NontaxableBenefitsRltdOrgsAmt>0</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationFilingOrgAmt>207575</TotalCompensationFilingOrgAmt>
        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
        <CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
        <CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FOUNDERS ARE MARRIED. JACQUE DIGIESO AND JOE DEGIESO ARE VOTING MEMBERS OF THE BOARD.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE 990 IS REVIEWED BY THE C.F.O. AND THE BOARD TREASURER.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>ANNUAL REVIEW OF CONFLICT OF INTEREST POLICY IS SIGNED BY EACH BOARD MEMBER.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>THE COMPENSATION COMMITTEE REVIEWS PERFORMANCE OBJECTIVES AS WELL AS DATA SUPPLIED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS AND SOUTHERN ASSOCIATION OF INDEPENDENT SCHOOLS FOR HEAD COMPENSATION DETERMINATION. ALL OTHER EMPLOYEES RECEIVE A FIXED ANNUAL PERCENTAGE INCREASE APPROVED BY THE BOARD.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>COPIES OF BOARD MINUTES ARE MAINTAINED BY THE EXECUTIVE ASSISTANT AND ARE AVAILABLE FOR VIEWING UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990M PART XII, LINE 2C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>