ASHEVILLE CHRISTIAN ACADEMY INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: ASHEVILLE CHRISTIAN ACADEMY INC (EIN 56-0889168)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-01-15
IRS object ID: 201410159349300626
Schema version: 2012v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule G
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-01-15T11:06:07-06:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GOLDSMITH MOLIS & GRAY PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	32 ORANGE ST	AddressLine1
City	ASHEVILLE	City
State	NC	State
ZIP Code	288012914	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	560889168	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ASHEVILLE CHRISTIAN ACADEMY	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	ASHE	NameControl
Phone	8285812200	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1089	AddressLine1
City	SWANNANOA	City
State	NC	State
ZIP Code	28778	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	WILLIAM GEORGE	Name
Title	HEAD OF SCHOOL	Title
Phone	8285812200	Phone
Date Signed	2013-11-14	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	CRYSTAL Z GOLDSMITH CPA	Name
Phone	8282813161	Phone
Date Prepared	2014-01-10	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	WILLIAM GEORGE	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1089	AddressLine1
City	SWANNANOA	City
State	NC	State
ZIP Code	28778	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	5415349	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.ACACADEMY.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1967	YearFormation
State Legal Domicile	NC	StateLegalDomicile
Activity Or Mission Description	OPERATION OF PRIVATE SCHOOL	ActivityOrMissionDescription
Nbr Voting Members Governing Body	13	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	13	NbrIndependentVotingMembers
Total Nbr Employees	162	TotalNbrEmployees
Total Nbr Volunteers	150	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	548226	ContributionsGrantsPriorYear
Contributions Grants Current Year	473595	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	4415066	ProgramServiceRevenuePriorYear
Program Service Revenue CY	4724015	ProgramServiceRevenueCY
Investment Income Prior Year	4648	InvestmentIncomePriorYear
Investment Income Current Year	1027	InvestmentIncomeCurrentYear
Other Revenue Prior Year	83487	OtherRevenuePriorYear
Other Revenue Current Year	216712	OtherRevenueCurrentYear
Total Revenue Prior Year	5051427	TotalRevenuePriorYear
Total Revenue Current Year	5415349	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	57380	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	55080	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	3483959	SalariesEtcPriorYear
Salaries Etc Current Year	3582568	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	273963	TotalFundrsngExpCurrentYear
Other Expense Prior Year	1831041	OtherExpensePriorYear
Other Expenses Current Year	1856990	OtherExpensesCurrentYear
Total Expenses Prior Year	5372380	TotalExpensesPriorYear
Total Expenses Current Year	5494638	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-320953	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-79289	RevenuesLessExpensesCY
Total Assets BOY	12259522	TotalAssetsBOY
Total Assets EOY	12077353	TotalAssetsEOY
Total Liabilities BOY	1565603	TotalLiabilitiesBOY
Total Liabilities EOY	1462723	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	10693919	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	10614630	NetAssetsOrFundBalancesEOY
Mission Description	OPERATION OF PRIVATE SCHOOL	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	3433636	Expense
Grants	55080	Grants
Description	PROVIDE INSTRUCTION AND EDUCATIONAL ACTIVITIES FOR STUDENTS FROM PRESCHOOL TO 12TH GRADE.	Description
Total Program Service Expense	3433636	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	162	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	13	NbrVotingGoverningBodyMembers
Number Independent Voting Members	13	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	true	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	WILLIAM GEORGE	NamePerson
Telephone Number	8285812212	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1089	AddressLine1
City	SWANNANOA	City
State	NC	State
ZIP Code	28778	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (14 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
JOEL BARKER
BOARD MEMBER	1.00	X	0	0	0
KEN CONDRA
BOARD MEMBER	1.00	X	0	0	0
ROGER JAMES
BOARD MEMBER	1.00	X	0	0	0
DAVID BRUCE
CHAIRMAN	2.00	X	0	0	0
DAVID PHELAN
BOARD MEMBER	1.00	X	0	0	0
DAN PIERCE
BOARD MEMBER	1.00	X	0	0	0
JIM HILL
VICE CHAIRMA	1.00	X	0	0	0
ROBERT SULASKI
TREASURER	1.00	X	0	0	0
KIMBERLY DELLINGER
BOARD MEMBER	1.00	X	0	0	0
BRAD BURLINGHAM
BOARD MEMBER	1.00	X	0	0	0
TRACY GUALANO
BOARD MEMBER	1.00	X	0	0	0
CAROL HARRISON
BOARD MEMBER	1.00	X	0	0	0
DAN KELLEM
SECRETARY	1.00	X	0	0	0
BILL GEORGE
HEAD OF SCHO	40.00		113500	0	23507	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	113500	TotalReportableCompFromOrg
Total Other Compensation	23507	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
All Other Contributions	473595	AllOtherContributions
Total Contributions	473595	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TUITION AND FEES	4531473	4531473
SERVICE INCOME	192542	192542

Field	Value	IRS element (for citing)
Total Program Service Revenue	4724015	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	1027	TotalRevenueColumn
Exclusion	$1,027	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	38485	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	38485	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	38485	TotalRevenueColumn
Exclusion	$38,485	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	118958	GrossIncomeFundraisingEvents

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	118958	TotalRevenueColumn
Exclusion	$118,958	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	ExclusionExclusionAmount
MISC INCOME	30257	$30,257
CLEARWIRE LEASE PAYMENT	20219	$20,219
INGLES CARDS SALES	6375	$6,375

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	2418	TotalRevenueColumn
Exclusion	$2,418	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	59269	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	5415349	TotalRevenueColumn
Related Or Exempt Function Income	4724015	RelatedOrExemptFunctionIncome
Exclusion	$217,739	ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	55080	Total
Program Services	55080	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	273895	Total
Program Services	181613	ProgramServices
Management And General	74526	ManagementAndGeneral
Fundraising	17756	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	2466456	Total
Program Services	1635457	ProgramServices
Management And General	671121	ManagementAndGeneral
Fundraising	159878	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	122651	Total
Program Services	81327	ProgramServices
Management And General	33373	ManagementAndGeneral
Fundraising	7951	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	514171	Total
Program Services	347768	ProgramServices
Management And General	129812	ManagementAndGeneral
Fundraising	36591	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	205395	Total
Program Services	32208	ProgramServices
Management And General	160465	ManagementAndGeneral
Fundraising	12722	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	19581	Total
Management And General	19581	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	10911	Total
Management And General	3231	ManagementAndGeneral
Fundraising	7680	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	27679	Total
Management And General	27679	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	16170	Total
Management And General	16170	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	457631	Total
Management And General	457631	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	13951	Total
Management And General	13951	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	440418	Total
Program Services	440418	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	22800	Total
Management And General	22800	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
FOOD	115358	115358
OTHER	108179	44182	63997
ATHLETICS	82044	82044
SUPPLIES	64964	64964

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	477304	Total
Program Services	353217	ProgramServices
Management And General	92702	ManagementAndGeneral
Fundraising	31385	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	5494638	Total
Program Services	3433636	ProgramServices
Management And General	1787039	ManagementAndGeneral
Fundraising	273963	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	255719	BOY
EOY	344567	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	127199	BOY
EOY	1962	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	5651	BOY
EOY	59614	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	15457359	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	4082147	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	11609134	BOY
EOY	11375212	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	261819	BOY
EOY	295998	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	12259522	BOY
EOY	12077353	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	249891	BOY
EOY	195084	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	745779	BOY
EOY	828523	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	569933	BOY
EOY	439116	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	1565603	BOY
EOY	1462723	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	10434700	BOY
EOY	10263417	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	259219	BOY
EOY	351213	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	10693919	BOY
EOY	10614630	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	12259522	BOY
EOY	12077353	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-79289	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	259219	BeginningOfYearBalance
Contributions	394845	Contributions
Investment Earnings Or Losses	1027	InvestmentEarningsOrLosses
Other Expenditures	303878	OtherExpenditures
End Of Year Balance	351213	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	195329	BeginningOfYearBalance
Contributions	164702	Contributions
Investment Earnings Or Losses	-1682	InvestmentEarningsOrLosses
Other Expenditures	99130	OtherExpenditures
End Of Year Balance	259219	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	177658	BeginningOfYearBalance
Contributions	185088	Contributions
Investment Earnings Or Losses	13584	InvestmentEarningsOrLosses
Other Expenditures	181001	OtherExpenditures
End Of Year Balance	195329	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	227195	BeginningOfYearBalance
Contributions	186620	Contributions
Other Expenditures	236157	OtherExpenditures
End Of Year Balance	177658	EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	156342	BeginningOfYearBalance
Contributions	132431	Contributions
Other Expenditures	61578	OtherExpenditures
End Of Year Balance	227195	EndOfYearBalance

Field	Value	IRS element (for citing)
Term Endowment EOY Balance	1.00000	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	true	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1682401	OtherCostOrOtherBasis
Book Value	1682401	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	12297067	OtherCostOrOtherBasis
Depreciation	3055587	Depreciation
Book Value	9241480	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1345898	OtherCostOrOtherBasis
Depreciation	1026560	Depreciation
Book Value	319338	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	131993	OtherCostOrOtherBasis
Book Value	131993	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	11375212	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescription	AmountAmount
FOREST COMMERCIAL LINE OF CREDIT	$370,911
CUSTODIAL ACCOUNTS HELD FOR STUDENTS	$68,205
NOTES PAYABLE-CURRENT
NOTES PAYABLE

Field	Value	IRS element (for citing)
Total Of Amounts	439116	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	5360269	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	5360269	RevenueSubtotal
Other Revenues Not Included	55080	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	55080	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	5415349	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	5439558	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	5439558	ExpensesSubtotal
Other Expenses Not Included	55080	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	55080	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	5494638	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
LIABILITY UNDER FIN 48 FOOTNOTE	SCHEDULE D, PAGE 3, PART X	FASB ASC 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES", CLARIFIED THE ACCOUNTING FOR THE RECOGNITION AND MEASUREMENT OF UNCERTAINTIES IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS AND OTHER EVIDENCE.
REVENUE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 4B	STUDENT AID GRANTS, NET WITH TUITION FEES ON FS 55,080
EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XII, LINE 4B	STUDENT AID GRANTS, NET WITH TUITION FEES ON FS 55,080

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	false	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII

Field	Value	IRS element (for citing)
Identifier	PUBLICATION OF NONDISCRIMINATORY POLICY IN MEDIA EXPLANATION	Identifier
Return Reference	SCHEDULE E LINE 3	ReturnReference
Explanation	NEWSPAPER ADVERTISEMENTS AND BROCHURE LIST NONDISCRIMINATORY POLICY	Explanation

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	GALA AUCTION EV	NameOfEvent1
Gross Receipts Event1	98229	GrossReceiptsEvent1
Gross Revenue Event1	98229	GrossRevenueEvent1
Name Of Event2	GOLF TOURNAMENT	NameOfEvent2
Gross Receipts Event2	20729	GrossReceiptsEvent2
Gross Revenue Event2	20729	GrossRevenueEvent2
Gross Receipts Total	118958	GrossReceiptsTotal
Gross Revenue Total Events	118958	GrossRevenueTotalEvents
Net Income Summary	118958	NetIncomeSummary

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	false	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	STUDENT AIDS/GRANTS	TypeOfGrant
Number Of Recipients	211	NumberOfRecipients
Amount Of Cash Grant	55080	AmountOfCashGrant

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
CLASSES OF MEMBERS OR STOCKHOLDERS	FORM 990, PAGE 6, PART VI, LINE 6	CURRENT PARENTS, STAFF, GRANDPARENTS AND GREAT-GRANDPARENTS AS WELL AS ALUMNI, ALUMNI PARENTS, FORMER STAFF AND FORMER BOARD MEMBERS ARE ELIGIBLE FOR CORPORATION MEMBERSHIP. THE CORPORATION AS A BODY ELECTS THE BOARD OF DIRECTORS AND VOTES ON MAJOR SCHOOL DECISIONS.
ELECTION OF MEMBERS AND THEIR RIGHTS	FORM 990, PAGE 6, PART VI, LINE 7A	THE CORPORATION AS A BODY ELECTS THE BOARD OF DIRECTORS AND VOTES ON MAJOR SCHOOL DECISIONS.
DECISIONS SUBJECT TO APPROVAL OF MEMBERS	FORM 990, PAGE 6, PART VI, LINE 7B	THE CORPORATION AS A BODY ELECTS THE BOARD OF DIRECTORS AND VOTES ON MAJOR SCHOOL DECISIONS.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	A COPY OF THE 990 RETURN IS PROVIDED TO THE BOARD FOR REVIEW.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	EVERY MEMBER ORGANIZATION SHALL AVOID CONFLICTS OF INTEREST. TRANSACTIONS WITH RELATED PARTIES MAY BE UNDERTAKEN ONLY IF ALL OF THE FOLLOWING ARE OBSERVED: 1) A MATERIAL TRANSACTION IS FULLY DISCLOSED IN THE AUDITED FINANCIAL STATEMENTS OF THE ORGANIZATION; 2) THE RELATED PARTY IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTIONS; 3) A COMPETITIVE BID OR COMPARABLE VALUATION EXISTS; AND 4) THE ORGANIZATIONS BOARD HAS ACTED UPON AND DEMONSTRATED THAT THE TRANSACTION IS IN THE BEST INTEREST OF THE MEMBER ORGANIZATION.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	THE HEAD OF THE SCHOOL'S CONTRACT IS REVIEWED EVERY THREE YEARS. THE "HEAD'S REVIEW COMMITTEE" IS SOLELY RESPONSIBLE FOR COMPENSATION ISSUES.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST
RECONCILIATION OF CHANGES - OTHER	FORM 990, PART XI, LINE 9	STUDENT AID GRANTS, NET WITH TUITION FEES ON FS -55,080 STUDENT AID GRANTS, NET WITH TUITION FEES ON FS 55,080