2015-05-15T12:31:57-05:00 2014-06-30 620647474 BLACKBURN CHILDERS & STEAGALL PLC 801B SUNSET DRIVE JOHNSON CITY TN 37604 990 2013-07-01 621564142 PROVIDENCE ACADEMY PROV 4238549819 2788 CARROLL CREEK ROAD JOHNSON CITY TN 37615 JERRY WILLIAMS ADMINISTRATOR 4238549819 2015-05-15 1 CHAD KISNER P00738241 4232824511 2015-05-13 2013 2016-03-07 17:11:31Z JERRY WILLIAMS 2788 CARROLL CREEK ROAD JOHNSON CITY TN 37615 3976178 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 98 167 0 0 381008 369058 3148263 3334916 1375 -499 36240 24274 3566886 3727749 271725 272261 0 0 2274539 2344907 0 0 0 931307 962518 3477571 3579686 89315 148063 7993054 8086251 3028107 2973241 4964947 5113010 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 2841402 272261 3334916 TO OPERATE A NOT FOR PROFIT EDUCATIONAL FACILITY, PROVIDING EDUCATION TO STUDENTS IN GRADES K-12. 2841402 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 98 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 0 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 BOARD MEMBER 1.00 X 0 0 0 STEVE LANE SECRETARY 1.00 X 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 91812 648 0 91812 648 0 0 0 0 0 90113 278945 90113 369058 TUITION & FEES 611600 3334916 3334916 3334916 2801 2801 3300 6600 -3300 -3300 -3300 266103 90113 241829 24274 24274 3727749 3334916 0 23775 272261 272261 92460 92460 1948670 1632386 316284 154548 124157 30391 149229 119383 29846 5497 5497 10637 10637 27408 27408 4797 4797 144764 115812 28952 95117 95117 242836 209991 32845 25466 12733 12733 EQUIPMENT REPAIRS & MAI 161454 129163 32291 CURRICULUM & ACCREDITAT 86503 86503 SUPPLIES 38697 30958 7739 MISCELLANEOUS 30605 27125 3480 88737 80930 7807 3579686 2841402 738284 0 1720624 1926245 77110 113049 56676 58214 68497 71050 8301006 2385230 6061524 5915776 6600 0 2023 1917 7993054 8086251 190715 168917 708964 773084 1997789 1899675 130639 131565 3028107 2973241 X 4493737 4696454 471210 416556 4964947 5113010 7993054 8086251 148063 0 X X 0 1 X 1 0 X 222143 245114 386480 381008 369058 1603803 222143 245114 386480 381008 369058 1603803 265930 1337873 5883 4413 2840 2726 2801 18663 33280 62588 52192 36240 24274 208574 1831040 15453192 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 6380492 1806313 4574179 656916 480087 176829 165243 98830 66413 5915776 DUE TO CLASSES (AGENCY) 26026 ACCRUED SICK TIME PAYABLE 105539 131565 X 3458788 0 3458788 268961 268961 3727749 3310725 0 3310725 268961 268961 3579686 PART X, LINE 2: NOTE 11-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, 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, 2014 AND 2013. GENERALLY, THE TAX YEARS BEFORE 2010 ARE NO LONGER SUBJECT TO EXAMINATIONS BY FEDERAL TAXING AUTHORITIES. 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, 111599 111599 31145 ATHLETICS 72928 72928 64663 7 171688 90113 81575 146021 356215 90113 266102 241829 241829 24273 1 CASH SCHOLARSHIPS/DISCOUNTS TO STUDENTS OF PROVIDENCE ACADEMY IN WASHINGTON COUNTY, TN 97 272261 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 AUC 48 90113 FMV 0 0 0 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 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.