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        <Desc>ATHLETIC EXPENSES</Desc>
        <TotalAmt>87344</TotalAmt>
        <ProgramServicesAmt>87344</ProgramServicesAmt>
        <ManagementAndGeneralAmt>0</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>CAFETERIA EXPENSES</Desc>
        <TotalAmt>114227</TotalAmt>
        <ProgramServicesAmt>114227</ProgramServicesAmt>
        <ManagementAndGeneralAmt>0</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>STUDENT EXPENSES</Desc>
        <TotalAmt>59818</TotalAmt>
        <ProgramServicesAmt>59818</ProgramServicesAmt>
        <ManagementAndGeneralAmt>0</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
      </OtherExpensesGrp>
      <AllOtherExpensesGrp>
        <TotalAmt>93954</TotalAmt>
        <ProgramServicesAmt>93954</ProgramServicesAmt>
        <ManagementAndGeneralAmt>0</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
      </AllOtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>1486879</TotalAmt>
        <ProgramServicesAmt>1486879</ProgramServicesAmt>
        <ManagementAndGeneralAmt>0</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
      </TotalFunctionalExpensesGrp>
      <CashNonInterestBearingGrp>
        <BOYAmt>53251</BOYAmt>
        <EOYAmt>170337</EOYAmt>
      </CashNonInterestBearingGrp>
      <SavingsAndTempCashInvstGrp>
        <BOYAmt>176878</BOYAmt>
        <EOYAmt>202557</EOYAmt>
      </SavingsAndTempCashInvstGrp>
      <LandBldgEquipCostOrOtherBssAmt>414573</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>295781</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>144671</BOYAmt>
        <EOYAmt>118792</EOYAmt>
      </LandBldgEquipBasisNetGrp>
      <InvestmentsOtherSecuritiesGrp>
        <BOYAmt>94924</BOYAmt>
        <EOYAmt>92068</EOYAmt>
      </InvestmentsOtherSecuritiesGrp>
      <TotalAssetsGrp>
        <BOYAmt>469724</BOYAmt>
        <EOYAmt>583754</EOYAmt>
      </TotalAssetsGrp>
      <MortgNotesPyblScrdInvstPropGrp>
        <BOYAmt>74660</BOYAmt>
        <EOYAmt>59626</EOYAmt>
      </MortgNotesPyblScrdInvstPropGrp>
      <OtherLiabilitiesGrp>
        <BOYAmt>8766</BOYAmt>
        <EOYAmt>5930</EOYAmt>
      </OtherLiabilitiesGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>83426</BOYAmt>
        <EOYAmt>65556</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
      <UnrestrictedNetAssetsGrp>
        <BOYAmt>291374</BOYAmt>
        <EOYAmt>426130</EOYAmt>
      </UnrestrictedNetAssetsGrp>
      <TemporarilyRstrNetAssetsGrp>
        <BOYAmt>94924</BOYAmt>
        <EOYAmt>92068</EOYAmt>
      </TemporarilyRstrNetAssetsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>386298</BOYAmt>
        <EOYAmt>518198</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>469724</BOYAmt>
        <EOYAmt>583754</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <InfoInScheduleOPartXIInd>X</InfoInScheduleOPartXIInd>
      <ReconcilationRevenueExpnssAmt>134578</ReconcilationRevenueExpnssAmt>
      <OtherChangesInNetAssetsAmt>-2678</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AccountantCompileOrReviewInd>true</AccountantCompileOrReviewInd>
      <FSAuditedInd>false</FSAuditedInd>
      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleA documentId="00000002" softwareId="14000261">
      <SchoolInd>X</SchoolInd>
      <PublicSupportTotal170Amt>0</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <TotalAmt>0</TotalAmt>
      </GrossInvestmentIncome170Grp>
      <PublicSupportCY170Pct>0</PublicSupportCY170Pct>
      <PublicSupportTotal509Amt>0</PublicSupportTotal509Amt>
      <PublicSupportCY509Pct>0</PublicSupportCY509Pct>
      <InvestmentIncomeCYPct>0</InvestmentIncomeCYPct>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="00000003" softwareId="14000261">
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>414573</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>295781</DepreciationAmt>
        <BookValueAmt>118792</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>118792</TotalBookValueLandBuildingsAmt>
      <OtherSecuritiesGrp>
        <Desc>INVESTMENT-FLIPPEN FUND</Desc>
        <BookValueAmt>92068</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </OtherSecuritiesGrp>
      <TotalBookValueSecuritiesAmt>92068</TotalBookValueSecuritiesAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>PAYROLL LIABILITIES</Desc>
        <Amt>2370</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>DUE TO AMITE PROPERTIES</Desc>
        <Amt>3560</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>5930</TotalLiabilityAmt>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="00000004" softwareId="14000261">
      <NondiscriminatoryPolicyStmtInd>true</NondiscriminatoryPolicyStmtInd>
      <PolicyStmtInBrochuresEtcInd>true</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>true</PlcyPblczdViaBroadcastMediaInd>
      <MaintainRacialCompRecsInd>true</MaintainRacialCompRecsInd>
      <MaintainScholarshipsRecsInd>true</MaintainScholarshipsRecsInd>
      <MaintainCpyOfBrochuresEtcInd>true</MaintainCpyOfBrochuresEtcInd>
      <MaintainCpyOfAllSolInd>true</MaintainCpyOfAllSolInd>
      <DiscriminateRaceStdntsRghtsInd>false</DiscriminateRaceStdntsRghtsInd>
      <DiscriminateRaceAdmissPlcyInd>false</DiscriminateRaceAdmissPlcyInd>
      <DiscriminateRaceEmplmFcultyInd>false</DiscriminateRaceEmplmFcultyInd>
      <DiscriminateRaceSchsInd>false</DiscriminateRaceSchsInd>
      <DiscriminateRaceEducPlcyInd>false</DiscriminateRaceEducPlcyInd>
      <DiscriminateRaceUseOfFcltsInd>false</DiscriminateRaceUseOfFcltsInd>
      <DiscriminateRaceAthltProgInd>false</DiscriminateRaceAthltProgInd>
      <DiscriminateRaceOtherActyInd>false</DiscriminateRaceOtherActyInd>
      <GovernmentFinancialAidRcvdInd>false</GovernmentFinancialAidRcvdInd>
      <GovernmentFinancialAidRvkdInd>false</GovernmentFinancialAidRvkdInd>
      <ComplianceWithRevProc7550Ind>true</ComplianceWithRevProc7550Ind>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Line 3</FormAndLineReferenceDesc>
        <ExplanationTxt>DURING THE REGISTRATION PERIOD, ALL PEOPLE THAT CALL OR COME BY ARE ADVISED THAT THE SCHOOL HAS A RACIALLY NONDISCRIMINATORY POLICY. ALSO THE SCHOOL HAS A WEBSITE THAT SHOWS THEIR NON-DISCRIMINATORY POLICY. THE SMALL COMMUNITY HAS VERY LIMITED NEWSPAPER AND BROADCAST SERVICES. DURING THE REGISTRATION PERIOD, ALL PEOPLE THAT CALL OR COME BY ARE ADVISED THAT THE SCHOOL HAS A RACIALLY NON-DISCRIMINATORY POLICY. ALSO THE SCHOOL HAS A WEBSITE THAT SHOWS THEIR NON-DISCRIMINATORY POLICY. THE SMALL COMMUNITY HAS VERY LIMITED NEWSPAPER AND BRODCAST SERVICES.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleE>
    <IRS990ScheduleJ documentId="00000005">
      <SeverancePaymentInd>false</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>false</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>false</EquityBasedCompArrngmInd>
      <CompBasedOnRevenueOfFlngOrgInd>false</CompBasedOnRevenueOfFlngOrgInd>
      <CompBsdOnRevRelatedOrgsInd>false</CompBsdOnRevRelatedOrgsInd>
      <CompBsdNetEarnsFlngOrgInd>false</CompBsdNetEarnsFlngOrgInd>
      <CompBsdNetEarnsRltdOrgsInd>false</CompBsdNetEarnsRltdOrgsInd>
      <AnyNonFixedPaymentsInd>false</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>false</InitialContractExceptionInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>MACKY MITCHELL</PersonNm>
        <BaseCompensationFilingOrgAmt>85000</BaseCompensationFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>85000</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="00000006" softwareId="14000261">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt XI</FormAndLineReferenceDesc>
        <ExplanationTxt>LINE 9: DECREASE OF $2,678 DUE TO PREPAID LIABILITY ADJUSTMENTS</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt XI</FormAndLineReferenceDesc>
        <ExplanationTxt>COPY OF FORM 990 IS MADE AVAILABLE FOR REVIEW TO THE BOARD OF DIRECTORS AT ANNUAL MEETING</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THE PARENTS OF EACH STUDENT MUST BUY A SHARE OF STOCK IN ASC</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 7a</FormAndLineReferenceDesc>
        <ExplanationTxt>STOCKHOLDERS HAVE ANNUAL MEETING TO ELECT 12 BOARD MEMBERS</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 7b</FormAndLineReferenceDesc>
        <ExplanationTxt>BOARD OF DIRECTORS MAKES CORPORATE DECISIONS REGARDING OPERATIONS</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>BOARD REVIEWS AND APPROVES FORM 990 PRIOR TO FILING</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part IX, Line 24f</FormAndLineReferenceDesc>
        <ExplanationTxt>FUEL 1099. 1099. 0. 0. MAGAZINE SALES EXPENSE 11115. 11115. 0. 0. POSTAGE 2157. 2157. 0. 0. ADDITIONAL EXPENSE-GENERAL 23439. 23439. 0. 0. BOOK FAIR EXPENSE 5767. 5767. 0. 0. CHICKEN DINNER EXPENSE 10183. 10183. 0. 0. COMPUTER EXPENSE 3940. 3940. 0. 0. LEASE-EQUIPMENT 4741. 4741. 0. 0. TELEPHONE 5670. 5670. 0. 0. EMPLOYEE/CLIENT SERVICES 7475. 7475. 0. 0. STORE EXPENSES 38. 38. 0. 0. FRANKLIN COUNTY BUS EXPENSES 9720. 9720. 0. 0. ADDITIONAL EXPENSES-DEVELOPMENT FUND 8610. 8610. 0. 0.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>