ST AUGUSTINE ACADEMY INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: ST AUGUSTINE ACADEMY INC (EIN 73-1538893)
Tax period: 2012-06-01 to 2013-05-31
Filed: 2014-01-13
IRS object ID: 201420159349300002
Schema version: 2012v2.1
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 I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-01-13T20:22:21-06:00	Timestamp
Tax Period End Date	2013-05-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	261467379	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Anderson Tax and Accounting Service	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	9402 E 113th St S	AddressLine1
City	Bixby	City
State	OK	State
ZIP Code	74008	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-06-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	731538893	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ST AUGUSTINE ACADEMY INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	STAU	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6310 EAST 30TH STREET	AddressLine1
City	TULSA	City
State	OK	State
ZIP Code	74114	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JOHN AHRENS	Name
Title	ADMINISTRATOR	Title
Date Signed	2013-09-15	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Suzanne Leigh Anderson CPA	Name
PTIN	P00084004	PTIN
Phone	9183696065	Phone
Date Prepared	2014-01-13	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)
Gross Receipts	1131257	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1997	YearFormation
State Legal Domicile	OK	StateLegalDomicile
Activity Or Mission Description	THE ACADEMY IS A SCHOOL SERVING STUDENTS KINDERGARTEN THROUGH TWELFTH GRADE LIVING IN THE TULSA METROPOLITAN AREA. IT IS A PRIVATE, CHRISTIAN CLASSICAL COLLEGE PREPARATORY SCHOOL WITH NO CHURCH AFFILIATION, RECEIVING NO FINANCIAL SUPPORT FROM ANY DENOMINATION.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	11	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	11	NbrIndependentVotingMembers
Total Nbr Employees	36	TotalNbrEmployees
Total Nbr Volunteers	40	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	102117	ContributionsGrantsPriorYear
Contributions Grants Current Year	91225	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	1006029	ProgramServiceRevenuePriorYear
Program Service Revenue CY	1039769	ProgramServiceRevenueCY
Investment Income Prior Year	195	InvestmentIncomePriorYear
Investment Income Current Year	263	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	1108341	TotalRevenuePriorYear
Total Revenue Current Year	1131257	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	110446	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	120465	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	567341	SalariesEtcPriorYear
Salaries Etc Current Year	690661	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	409095	OtherExpensePriorYear
Other Expenses Current Year	349925	OtherExpensesCurrentYear
Total Expenses Prior Year	1086882	TotalExpensesPriorYear
Total Expenses Current Year	1161051	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	21459	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-29794	RevenuesLessExpensesCY
Total Assets BOY	1168034	TotalAssetsBOY
Total Assets EOY	1131367	TotalAssetsEOY
Total Liabilities BOY	1174685	TotalLiabilitiesBOY
Total Liabilities EOY	1167812	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	-6651	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	-36445	NetAssetsOrFundBalancesEOY
Mission Description	THE ACADEMY IS A SCHOOL SERVING STUDENTS KINDERGARTEN THROUGH TWELFTH GRADE LIVING IN THE TULSA METROPOLITAN AREA. IT IS A PRIVATE, CHRISTIAN CLASSICAL COLLEGE PREPARATORY SCHOOL WITH NO CHURCH AFFILIATION, RECEIVING NO FINANCIAL SUPPORT FROM ANY DENOMINATION.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	968653	Expense
Grants	120465	Grants
Revenue	1039769	Revenue
Description	THE ACADEMY IS A SCHOOL SERVING STUDENTS KINDERGARTEN THROUGH TWELFTH GRADE LIVING IN THE TULSA METROPOLITAN AREA. IT IS A PRIVATE, CHRISTIAN CLASSICAL COLLEGE PREPARATORY SCHOOL WITH NO CHURCH AFFILIATION, RECEIVING NO FINANCIAL SUPPORT FROM ANY DENOMINATION. IT IS NOT ELIGIBLE FOR STATE OR FEDERAL FUNDS. THE ACADEMY BELONGS TO THE ASSOCIATION OF CLASSICAL CHRISTIAN SCHOOLS AND IS NOT ACCREDITED BY ANY ASSOCIATION. THE ACADEMY9S PHILOSOPHY IS TO OFFER STUDENTS A COMPREHENSIVE CLASSICAL CURRICULUM IN WHICH THEY MAY ACHIEVE PERSONAL EXCELLENCE ACADEMICALLY, SPIRITUALLY, PHYSICALLY, AND SOCIALLY. THIS BALANCED EDUCATION IS FOUNDED UPON BIBLICAL PRINCIPLES TAUGHT AND ADMINISTERED BY COMMITTED CHRISTIAN TEACHERS AND SUPPORTED BY INVOLVED PARENTS.	Description
Total Program Service Expense	968653	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	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	false	ReportOtherLiabilities
Report Fin48 Footnote	false	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	false	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
Transaction Related Entity	false	TransactionRelatedEntity
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	36	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
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	11	NbrVotingGoverningBodyMembers
Number Independent Voting Members	11	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	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	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	false	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Written Policy Or Procedure	false	WrittenPolicyOrProcedure
States Where Copy Of Return Is Filed	OK	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	JOHN AHARENS	NamePerson
Telephone Number	9188324600	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	4416 E 21 PL	AddressLine1
City	TULSA	City
State	OK	State
ZIP Code	74114	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (8 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Key EmployeeKeyEmployee
BRYAN OSBORNE
BOARD MEMBER	0.00	X	0	0	0
GARY CONROY
CHAIRMAN	0.00	X	0	0	0
GARY GEPPELT
BOARD MEMBER	0.00	X	0	0	0
JERRY MCKELVEY
BOARD MEMBER	0.00	X	0	0	0
LARRY EHRLICH
HEAD MASTER	40.00	X	43096	0	0	X
MIKE RIECK
BOARD MEMBER	0.00	X	0	0	0
MONTE WOODS
BOARD MEMBER	0.00	X	0	0	0
STUART SPENCER
SECRETARY	0.00	X	0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	43096	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	0	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
All Other Contributions	91225	AllOtherContributions
Total Contributions	91225	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	TUITION FEES RELATED	Description
Business Code	611600	BusinessCode
Total Revenue Column	1039769	TotalRevenueColumn
Related Or Exempt Function Income	1039769	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	1039769	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	263	TotalRevenueColumn
Related Or Exempt Function Income	263	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1131257	TotalRevenueColumn
Related Or Exempt Function Income	1040032	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	120465	Total
Program Services	120465	ProgramServices

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	584710	Total
Program Services	498897	ProgramServices
Management And General	85813	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	58599	Total
Program Services	58599	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	47352	Total
Program Services	40403	ProgramServices
Management And General	6949	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	462	Total
Management And General	462	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	8500	Total
Management And General	8500	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	6088	Total
Management And General	6088	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	20084	Total
Program Services	4218	ProgramServices
Management And General	15866	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	10005	Total
Program Services	2101	ProgramServices
Management And General	7904	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	38780	Total
Program Services	38780	ProgramServices

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	380	Total
Management And General	380	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	39921	Total
Program Services	39921	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	49559	Total
Program Services	10407	ProgramServices
Management And General	39152	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	32863	Total
Program Services	32863	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
CONTRACT LABOR	18110	3803	14307
STUDENT ACTIVITY EXPENSE	100501	100501
BAD DEBT	6977		6977
DEVELOPMENT	17695	17695

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	1161051	Total
Program Services	968653	ProgramServices
Management And General	192398	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	163489	BOY
EOY	126547	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	23548	BOY
EOY	12836	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	8679	BOY
EOY	8780	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1301030	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	317826	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	972318	BOY
EOY	983204	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1168034	BOY
EOY	1131367	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	40584	BOY
EOY	63871	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	26302	BOY
EOY	25276	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	1107799	BOY
EOY	1078665	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	1174685	BOY
EOY	1167812	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	-6651	BOY
EOY	-36445	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	-6651	BOY
EOY	-36445	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1168034	BOY
EOY	1131367	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-29794	ReconcilationRevenueExpenses
Reconcilation Other Changes	0	ReconcilationOtherChanges
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

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	107017	OtherCostOrOtherBasis
Book Value	107017	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1027133	OtherCostOrOtherBasis
Depreciation	190894	Depreciation
Book Value	836239	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	166880	OtherCostOrOtherBasis
Depreciation	126932	Depreciation
Book Value	39948	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	983204	TotalOfBookValueLandBuildings
Tot Revenue Etc Audited Fincl Stmt	940235	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	940235	RevenueSubtotal
Other Revenues Not Included	191022	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	191022	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	1131257	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	990427	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	990427	ExpensesSubtotal
Other Expenses Not Included	170624	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	170624	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	1161051	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
D10	Other revenues included on Form 990 Part XI line 4b	REVENUES INCLUDED ON FORM 990, NOT INCLUDED ON LINE 1 ARE TUITION AID AND FINANCIAL AID TOTALLING $191,022 WHICH WERE NETTING AGAINST REVENUE ON THE AUDITED FINANCIAL STATEMENTS AND REFLECTED AS GRANTS AND PROGRAM SERVICES ON THE TAX RETURN.
D12	Other expenses included on Form 990 Part XII line 4b	OTHER EXPENSES INCLUDED ON FORM 990 INCLUDE TUITION AND FINANCIAL AID TOTALLING $170,624 NETTED AGAINST REVENUE IN THE AUDITED FINANCIAL STATEMENTS, BUT INCLUDED AS GRANTS AND PROGRAM SERVICES ON THE TAX RETURN.

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

Schedule I IRS990ScheduleI

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

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	SCHOLARSHIP AND TUITION ASSISTANCE	TypeOfGrant
Number Of Recipients	53	NumberOfRecipients
Amount Of Non Cash Assistance	120465	AmountOfNonCashAssistance
Description Of Non Cash Assistance	TUITION REDUCTIONWAIVER	DescriptionOfNonCashAssistance

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	I1	Identifier
Return Reference	Monitoring procedures Part I line 2	ReturnReference
Explanation	THE SCHOOL MAINTAINS APPLICATIONS AND A STRICT SCHOLARSHIP PROCESS FOR THE AWARDING OF BOTH ACADEMCI AND NEED BASED AID.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
O01	Form 990 governing body review Part VI line 11	THE FORM 990 FOR THE FISCAL YEAR ENDED 5/31/12 WAS FILED ON OR BEFORE 03/01/12 IN ACCORDANCE WITH GUIDANCE FROM THE INTERNAL REVENUE SERVICE. IT WILL BE REVIEWED AT THE NEXT BOARD MEETING SUBSEQUENT TO ITS FILING. THE ACADEMY MAKES EVERY EFFORT TO MAKE AVAILABLE UPON REQUEST THE ANNUAL FORM 990 AS WELL AS THE AUDITED FINANCIAL STATEMENTS OF THE ORGANIZATION.
O02	Governing documents etc available to public Part VI line 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.