2016-05-16T10:31:45-05:00 2015-06-30 620647474 BLACKBURN CHILDERS & STEAGALL PLC 801B SUNSET DRIVE JOHNSON CITY TN 37604 990 2014-07-01 621564142 PROVIDENCE ACADEMY PROV 4238549819 2788 CARROLL CREEK ROAD JOHNSON CITY TN 37615 JERRY WILLIAMS ADMINISTRATOR 4238549819 2016-05-16 1 CHAD KISNER P00738241 4232824511 2016-05-13 2014 2016-08-17 19:52:53Z JERRY WILLIAMS 2788 CARROLL CREEK ROAD JOHNSON CITY TN 37615 5018957 0 X WWW.PROVIDENCEACADEMY.COM X 1994 TN 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. 7 7 106 180 0 0 369058 1400076 3334916 3339316 -499 2672 24274 89701 3727749 4831765 272261 249245 0 0 2344907 2442418 0 0 0 962518 1006873 3579686 3698536 148063 1133229 8086251 9299213 2973241 3052974 5113010 6246239 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 2901294 249245 3339316 TO OPERATE A NOT FOR PROFIT EDUCATIONAL FACILITY, PROVIDING EDUCATION TO STUDENTS IN GRADES K-12. 2901294 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 0 0 106 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X LINDA STILLWELL 4238549819 2788 CARROLL CREEK ROAD JOHNSON CITY TN 37615 KEITH JOHNSON CHAIRMAN 1.00 X X 0 0 0 SCOTT GREER BOARD MEMBER 1.00 X 0 0 0 CLAY RUNNELS SECRETARY 1.00 X X 0 0 0 BILL BOSWELL BOARD MEMBER 1.00 X 0 0 0 DAVID REYNOLDS BOARD MEMBER 1.00 X 0 0 0 MORRIS HENARD EX-OFFICIO 1.00 X 0 0 0 ROBERT SMITH VICE-CHAIRMAN 1.00 X X 0 0 0 TOMMY WOODS BOARD MEMBER 1.00 X 0 0 0 EARLE CHUTE EX-OFFICIO 1.00 X 0 0 0 JERRY WILLIAMS ADMINISTRATOR 50.00 X 0 91180 660 0 91180 660 0 0 0 0 0 61504 1338572 61504 1400076 TUITION & FEES 611600 3339316 3339316 3339316 2672 2672 4725 0 4725 4725 4725 272168 61504 187192 84976 84976 4831765 3339316 0 92373 249245 249245 91840 91840 2046363 1710034 336329 147712 118698 29014 156503 125202 31301 3164 3164 15707 15707 69988 69988 2346 2346 147909 118327 29582 84990 84990 249895 217457 32438 28368 14184 14184 EQUIPMENT MAINTENANCE A 129828 103862 25966 CURRICULUM & ACCREDITAT 83306 83306 MISCELLANEOUS 58495 46797 11698 SUPPLIES 42669 34135 8534 90208 80047 10161 3698536 2901294 797242 0 1926245 2068558 113049 862783 58214 37996 71050 49036 8832275 2562584 5915776 6269691 1917 11149 8086251 9299213 168917 164752 773084 765623 1899675 1983137 131565 139462 2973241 3052974 X 4696454 5218655 416556 1027584 5113010 6246239 8086251 9299213 1133229 0 X X 1 X 0 1 0 X 245114 386480 381008 369058 1400076 2781736 245114 386480 381008 369058 1400076 2781736 730289 2051447 4413 2840 2726 2801 2672 15452 62588 52192 36240 24274 89701 264995 3062183 16141405 0.66990 0.73070 X SCHEDULE A, PART I, LINE 2 AND LINE 7 PROVIDENCE ACADEMY RECEIVED AN IRS DETERMINATION LETTER ON DECEMBER 18, 1995 STATING THAT THE ORGANIZATION WAS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ADDITIONALLY, THE ORGANIZATION WAS ALSO DETERMINED NOT TO BE A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE CODE BECAUSE IT WAS AN ORGANIZATION DESCRIBED IN SECTION 509(A)(1) AND SECTION 170(B)(1)(A)(II), WHICH IS IDENTIFIED IN SCHEDULE A, PART I, LINE 2 AS A SCHOOL. IT IS AN EDUCATIONAL ORGANIZATION WHICH NORMALLY MAINTAINS A REGULAR FACULTY AND CURRICULUM AND NORMALLY HAS A REGULARLY ENROLLED BODY OF PUPILS OR STUDENTS IN ATTENDANCE AT THE PLACE WHERE ITS EDUCATIONAL ACTIVITIES ARE REGULARLY CARRIED ON. PER THE 2013 INSTRUCTIONS FOR SCHEDULE B, SCHEDULE OF CONTRIBUTORS, THE INTERNAL REVENUE SERVICE HAS CLARIFIED THAT IN ORDER FOR THE ACADEMY TO REPORT ITS CONTRIBUTIONS UNDER THE SPECIAL RULE, THE ORGANIZATION MUST NOW CHECK BOX 7 OF SCHEDULE A, PART I, AND COMPLETE SCHEDULE A, PART II, SUPPORT SCHEDULE FOR ORGANIZATIONS DESCRIBED IN SECTIONS 170(B)(1)(A)(IV) AND 170(B)(1)(A)(VI). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1098355 1098355 6872452 1974090 4898362 708710 481253 227457 152758 107241 45517 6269691 DUE TO CLASSES (AGENCY) 27890 ACCRUED SICK TIME PAYABLE 111572 139462 X 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, 2015 AND 2014, 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. NO INTEREST OR PENALTIES WERE RECORDED DURING THE YEARS ENDED JUNE 30, 2015 AND 2014. 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. STORYTELLING FESTIVAL, 131971 131971 35232 ATHLETICS 69021 69021 68442 7 132680 61504 71176 83518 333672 61504 272168 187192 187192 84976 1 CASH SCHOLARSHIPS/DISCOUNTS TO STUDENTS OF PROVIDENCE ACADEMY IN WASHINGTON COUNTY, TN 99 249245 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 ITEMS FOR AUCTION/BASKETS 48 61504 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 11 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 XII, LINE 2C THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF AUDIT, REVIEW OR COMPILATION OF ITS FINANCISL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.