﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" returnVersion="2011v1.2">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-01-15T16:50:07-06:00</Timestamp>
    <TaxPeriodEndDate>2012-05-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>Anderson Tax and Accounting Serivce</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>9402 E 113th St S</AddressLine1>
        <City>Bixby</City>
        <State>OK</State>
        <ZIPCode>74008</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2011-06-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>731538893</EIN>
      <Name>
        <BusinessNameLine1>ST AUGUSTINE ACADEMY INC</BusinessNameLine1>
      </Name>
      <NameControl>STAU</NameControl>
      <USAddress>
        <AddressLine1>6310 EAST 30TH STREET</AddressLine1>
        <City>TULSA</City>
        <State>OK</State>
        <ZIPCode>74114</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>LARRY EHRLICH</Name>
      <Title>ADMINISTRATOR</Title>
      <DateSigned>2012-01-15</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>Suzanne Leigh Anderson CPA</Name>
      <Phone>9183696065</Phone>
      <DatePrepared>2013-01-15</DatePrepared>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="7">
    <IRS990 documentId="990">
      <NameOfPrincipalOfficerPerson>GARY GEPPELT</NameOfPrincipalOfficerPerson>
      <GrossReceipts>1108341</GrossReceipts>
      <GroupReturnForAffiliates>false</GroupReturnForAffiliates>
      <Organization501c3>X</Organization501c3>
      <TypeOfOrganizationCorporation>X</TypeOfOrganizationCorporation>
      <YearFormation>1997</YearFormation>
      <StateLegalDomicile>OK</StateLegalDomicile>
      <ActivityOrMissionDescription>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>
      <NbrVotingMembersGoverningBody>7</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>7</NbrIndependentVotingMembers>
      <TotalNbrEmployees>36</TotalNbrEmployees>
      <TotalGrossUBI>0</TotalGrossUBI>
      <NetUnrelatedBusinessTxblIncome>0</NetUnrelatedBusinessTxblIncome>
      <ContributionsGrantsPriorYear>128658</ContributionsGrantsPriorYear>
      <ContributionsGrantsCurrentYear>102117</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenuePriorYear>829444</ProgramServiceRevenuePriorYear>
      <ProgramServiceRevenueCY>1006029</ProgramServiceRevenueCY>
      <InvestmentIncomePriorYear>114</InvestmentIncomePriorYear>
      <InvestmentIncomeCurrentYear>195</InvestmentIncomeCurrentYear>
      <OtherRevenueCurrentYear>0</OtherRevenueCurrentYear>
      <TotalRevenuePriorYear>958216</TotalRevenuePriorYear>
      <TotalRevenueCurrentYear>1108341</TotalRevenueCurrentYear>
      <GrantsAndSimilarAmntsPriorYear>95719</GrantsAndSimilarAmntsPriorYear>
      <GrantsAndSimilarAmntsCY>110446</GrantsAndSimilarAmntsCY>
      <BenefitsPaidToMembersCY>0</BenefitsPaidToMembersCY>
      <SalariesEtcPriorYear>504120</SalariesEtcPriorYear>
      <SalariesEtcCurrentYear>567341</SalariesEtcCurrentYear>
      <TotalProfFundrsngExpCY>0</TotalProfFundrsngExpCY>
      <TotalFundrsngExpCurrentYear>0</TotalFundrsngExpCurrentYear>
      <OtherExpensePriorYear>328949</OtherExpensePriorYear>
      <OtherExpensesCurrentYear>409095</OtherExpensesCurrentYear>
      <TotalExpensesPriorYear>928788</TotalExpensesPriorYear>
      <TotalExpensesCurrentYear>1086882</TotalExpensesCurrentYear>
      <RevenuesLessExpensesPriorYear>29428</RevenuesLessExpensesPriorYear>
      <RevenuesLessExpensesCY>21459</RevenuesLessExpensesCY>
      <TotalAssetsBOY>1126712</TotalAssetsBOY>
      <TotalAssetsEOY>1168034</TotalAssetsEOY>
      <TotalLiabilitiesBOY>1154823</TotalLiabilitiesBOY>
      <TotalLiabilitiesEOY>1174686</TotalLiabilitiesEOY>
      <NetAssetsOrFundBalancesBOY>-28111</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>-6652</NetAssetsOrFundBalancesEOY>
      <MissionDescription>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>
      <Expense>885575</Expense>
      <Grants>110446</Grants>
      <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 DE NOMINATION 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 ACADEMYS PHILOSOPHY IS TO OFFER STUDENTS A COMPREHENSIVE CLASSICAL CURR ICULUM 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 P ARENTS</Description>
      <TotalProgramServiceExpense>885575</TotalProgramServiceExpense>
      <DescribedIn501C3 referenceDocumentId="990A">true</DescribedIn501C3>
      <ScheduleBRequired referenceDocumentId="990B">true</ScheduleBRequired>
      <PoliticalActivities>false</PoliticalActivities>
      <LobbyingActivities>false</LobbyingActivities>
      <DonorAdvisedFunds>false</DonorAdvisedFunds>
      <ConservationEasements>false</ConservationEasements>
      <CollectionsOfArt>false</CollectionsOfArt>
      <CreditCounseling>false</CreditCounseling>
      <TermOrPermanentEndowments>false</TermOrPermanentEndowments>
      <ReportLandBldgEquip referenceDocumentId="990D">true</ReportLandBldgEquip>
      <ReportInvestOthSecurities>false</ReportInvestOthSecurities>
      <ReportProgRelInvest>false</ReportProgRelInvest>
      <ReportOtherAssets>false</ReportOtherAssets>
      <ReportOtherLiabilities>false</ReportOtherLiabilities>
      <ReportFin48Footnote>false</ReportFin48Footnote>
      <IndependentAuditFinancialStmt referenceDocumentId="990D">true</IndependentAuditFinancialStmt>
      <ConsolidatedAuditFinancialStmt>false</ConsolidatedAuditFinancialStmt>
      <School referenceDocumentId="990E">true</School>
      <ForeignOffice>false</ForeignOffice>
      <ForeignActivities>false</ForeignActivities>
      <MoreThan5000KToOrganizations>false</MoreThan5000KToOrganizations>
      <MoreThan5000KToIndividuals>false</MoreThan5000KToIndividuals>
      <ProfessionalFundraising>false</ProfessionalFundraising>
      <FundraisingActivities>false</FundraisingActivities>
      <Gaming>false</Gaming>
      <Hospital>false</Hospital>
      <GrantsToOrganizations>false</GrantsToOrganizations>
      <GrantsToIndividuals referenceDocumentId="990I">true</GrantsToIndividuals>
      <ScheduleJRequired>false</ScheduleJRequired>
      <TaxExemptBonds>false</TaxExemptBonds>
      <ExcessBenefitTransaction>false</ExcessBenefitTransaction>
      <PriorExcessBenefitTransaction>false</PriorExcessBenefitTransaction>
      <LoanToOfficerOrDQP>false</LoanToOfficerOrDQP>
      <GrantToRelatedPerson>false</GrantToRelatedPerson>
      <BsnssRltnshpWithOrganization>false</BsnssRltnshpWithOrganization>
      <BsnssRltnshpThruFamilyMember>false</BsnssRltnshpThruFamilyMember>
      <OfficerEntityWithBsnssRltnshp>false</OfficerEntityWithBsnssRltnshp>
      <DeductibleNonCashContributions>false</DeductibleNonCashContributions>
      <DeductibleContributionsOfArt>false</DeductibleContributionsOfArt>
      <Terminated>false</Terminated>
      <PartialLiquidation>false</PartialLiquidation>
      <DisregardedEntity>false</DisregardedEntity>
      <RelatedEntity>false</RelatedEntity>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionRelatedEntity>false</TransactionRelatedEntity>
      <TransfersToExemptNonChrtblOrg>false</TransfersToExemptNonChrtblOrg>
      <ActivitiesConductedPartnership>false</ActivitiesConductedPartnership>
      <ScheduleORequired>true</ScheduleORequired>
      <NumberFormsTransmittedWith1096>9</NumberFormsTransmittedWith1096>
      <NumberW2GIncluded>0</NumberW2GIncluded>
      <ComplianceWithBackupWitholding>true</ComplianceWithBackupWitholding>
      <NumberOfEmployees>36</NumberOfEmployees>
      <EmploymentTaxReturnsFiled>true</EmploymentTaxReturnsFiled>
      <UnrelatedBusinessIncome>false</UnrelatedBusinessIncome>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TaxablePartyNotification>false</TaxablePartyNotification>
      <NonDeductibleContributions>false</NonDeductibleContributions>
      <QuidProQuoContributions>false</QuidProQuoContributions>
      <Form8282PropertyDisposedOf>false</Form8282PropertyDisposedOf>
      <FundsToPayPremiums>false</FundsToPayPremiums>
      <PremiumsPaid>false</PremiumsPaid>
      <ExcessBusinessHoldings>false</ExcessBusinessHoldings>
      <TaxableDistributions>false</TaxableDistributions>
      <DistributionToDonor>false</DistributionToDonor>
      <IndoorTanningServices>false</IndoorTanningServices>
      <InfoInScheduleOPartVI>X</InfoInScheduleOPartVI>
      <NbrVotingGoverningBodyMembers>7</NbrVotingGoverningBodyMembers>
      <NumberIndependentVotingMembers>7</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>false</FamilyOrBusinessRelationship>
      <DelegationOfManagementDuties>false</DelegationOfManagementDuties>
      <ChangesToOrganizingDocs>false</ChangesToOrganizingDocs>
      <MaterialDiversionOrMisuse>false</MaterialDiversionOrMisuse>
      <MembersOrStockholders>false</MembersOrStockholders>
      <ElectionOfBoardMembers>false</ElectionOfBoardMembers>
      <DecisionsSubjectToApproval>false</DecisionsSubjectToApproval>
      <MinutesOfGoverningBody>true</MinutesOfGoverningBody>
      <MinutesOfCommittees>true</MinutesOfCommittees>
      <OfficerMailingAddress>false</OfficerMailingAddress>
      <LocalChapters>false</LocalChapters>
      <Form990ProvidedToGoverningBody>true</Form990ProvidedToGoverningBody>
      <ConflictOfInterestPolicy>true</ConflictOfInterestPolicy>
      <AnnualDisclosureCoveredPersons>true</AnnualDisclosureCoveredPersons>
      <RegularMonitoringEnforcement>false</RegularMonitoringEnforcement>
      <WhistleblowerPolicy>false</WhistleblowerPolicy>
      <DocumentRetentionPolicy>false</DocumentRetentionPolicy>
      <CompensationProcessCEO>false</CompensationProcessCEO>
      <CompensationProcessOther>false</CompensationProcessOther>
      <InvestmentInJointVenture>false</InvestmentInJointVenture>
      <StatesWhereCopyOfReturnIsFiled>OK</StatesWhereCopyOfReturnIsFiled>
      <UponRequest>X</UponRequest>
      <TheBooksAreInCareOf>
        <NamePerson>DR LARRY EHRLICH</NamePerson>
        <TelephoneNumber>9188324600</TelephoneNumber>
        <AddressUS>
          <AddressLine1>6310 EAST 30TH ST</AddressLine1>
          <City>TULSA</City>
          <State>OK</State>
          <ZIPCode>74114</ZIPCode>
        </AddressUS>
      </TheBooksAreInCareOf>
      <Form990PartVIISectionA>
        <NamePerson>CHUCK STOPHEL</NamePerson>
        <Title>BOARD MEMBER</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>GARY GEPPELT</NamePerson>
        <Title>CHAIRMAN</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JERRY MCKELVEY</NamePerson>
        <Title>BOARD MEMBER</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>MIKE RIECK</NamePerson>
        <Title>BOARD MEMBER</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>MONTE WOODS</NamePerson>
        <Title>BOARD MEMBER</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>STEVE ELLIS</NamePerson>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>STUART SPENCER</NamePerson>
        <Title>SECRETARY</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DR LARRY J ERHLICH</NamePerson>
        <Title>HEAD MASTER</Title>
        <AverageHoursPerWeek>40.00</AverageHoursPerWeek>
        <KeyEmployee>X</KeyEmployee>
        <ReportableCompFromOrganization>42010</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <TotalReportableCompFromOrg>42010</TotalReportableCompFromOrg>
      <TotalReportableCompFrmRltdOrgs>0</TotalReportableCompFrmRltdOrgs>
      <TotalOtherCompensation>0</TotalOtherCompensation>
      <NumberIndividualsGT100K>0</NumberIndividualsGT100K>
      <FormersListed>false</FormersListed>
      <TotalCompGT150K>false</TotalCompGT150K>
      <CompensationFromOtherSources>false</CompensationFromOtherSources>
      <AllOtherContributions>102117</AllOtherContributions>
      <TotalContributions>102117</TotalContributions>
      <ProgramServiceRevenue>
        <Description>TUITION FEES RELATED</Description>
        <BusinessCode>611600</BusinessCode>
        <TotalRevenueColumn>1006029</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>1006029</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>1006029</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>195</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>195</RelatedOrExemptFunctionIncome>
      </InvestmentIncome>
      <TotalRevenue>
        <TotalRevenueColumn>1108341</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>1006224</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
      </TotalRevenue>
      <GrantsToDomesticIndividuals>
        <Total>110446</Total>
        <ProgramServices>110446</ProgramServices>
      </GrantsToDomesticIndividuals>
      <OtherSalariesAndWages>
        <Total>487594</Total>
        <ProgramServices>412041</ProgramServices>
        <ManagementAndGeneral>75553</ManagementAndGeneral>
      </OtherSalariesAndWages>
      <OtherEmployeeBenefits>
        <Total>39374</Total>
        <ProgramServices>39374</ProgramServices>
      </OtherEmployeeBenefits>
      <PayrollTaxes>
        <Total>40373</Total>
        <ProgramServices>34117</ProgramServices>
        <ManagementAndGeneral>6256</ManagementAndGeneral>
      </PayrollTaxes>
      <FeesForServicesLegal>
        <Total>480</Total>
        <ManagementAndGeneral>480</ManagementAndGeneral>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>8203</Total>
        <ManagementAndGeneral>8203</ManagementAndGeneral>
      </FeesForServicesAccounting>
      <Advertising>
        <Total>4440</Total>
        <ManagementAndGeneral>4440</ManagementAndGeneral>
      </Advertising>
      <OfficeExpenses>
        <Total>20288</Total>
        <ProgramServices>4639</ProgramServices>
        <ManagementAndGeneral>15649</ManagementAndGeneral>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>11164</Total>
        <ProgramServices>2903</ProgramServices>
        <ManagementAndGeneral>8261</ManagementAndGeneral>
      </InformationTechnology>
      <Occupancy>
        <Total>52441</Total>
        <ProgramServices>52441</ProgramServices>
      </Occupancy>
      <Interest>
        <Total>45050</Total>
        <ProgramServices>45050</ProgramServices>
      </Interest>
      <DepreciationDepletion>
        <Total>55866</Total>
        <ProgramServices>14525</ProgramServices>
        <ManagementAndGeneral>41341</ManagementAndGeneral>
      </DepreciationDepletion>
      <Insurance>
        <Total>26791</Total>
        <ProgramServices>26791</ProgramServices>
      </Insurance>
      <OtherExpenses>
        <Description>CONTRACT LABOR</Description>
        <Total>15262</Total>
        <ProgramServices>3968</ProgramServices>
        <ManagementAndGeneral>11294</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>STUDENT ACTIVITY EXPENSE</Description>
        <Total>105180</Total>
        <ProgramServices>105180</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BAD DEBT</Description>
        <Total>29830</Total>
        <ManagementAndGeneral>29830</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>DEVELOPMENT</Description>
        <Total>34100</Total>
        <ProgramServices>34100</ProgramServices>
      </OtherExpenses>
      <TotalFunctionalExpenses>
        <Total>1086882</Total>
        <ProgramServices>885575</ProgramServices>
        <ManagementAndGeneral>201307</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>81487</BOY>
        <EOY>163489</EOY>
      </CashNonInterestBearing>
      <AccountsReceivable>
        <BOY>40050</BOY>
        <EOY>23548</EOY>
      </AccountsReceivable>
      <PrepaidExpensesDeferredCharges>
        <BOY>6169</BOY>
        <EOY>8679</EOY>
      </PrepaidExpensesDeferredCharges>
      <LandBuildingsEquipmentBasis>1240585</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>268267</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>999006</BOY>
        <EOY>972318</EOY>
      </LandBuildingsEquipmentBasisNet>
      <TotalAssets>
        <BOY>1126712</BOY>
        <EOY>1168034</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>13633</BOY>
        <EOY>40585</EOY>
      </AccountsPayableAccruedExpenses>
      <DeferredRevenue>
        <BOY>11055</BOY>
        <EOY>26302</EOY>
      </DeferredRevenue>
      <MortNotesPyblSecuredInvestProp>
        <BOY>1130135</BOY>
        <EOY>1107799</EOY>
      </MortNotesPyblSecuredInvestProp>
      <TotalLiabilities>
        <BOY>1154823</BOY>
        <EOY>1174686</EOY>
      </TotalLiabilities>
      <DoNotFollowSFAS117>X</DoNotFollowSFAS117>
      <RetainedEarningsEndowmentEtc>
        <BOY>-28111</BOY>
        <EOY>-6652</EOY>
      </RetainedEarningsEndowmentEtc>
      <TotalNetAssetsFundBalances>
        <BOY>-28111</BOY>
        <EOY>-6652</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>1126712</BOY>
        <EOY>1168034</EOY>
      </TotalLiabNetAssetsFundBalances>
      <ReconcilationRevenueExpenses>21459</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>0</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>false</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleA documentId="990A">
      <School170b1Aii>X</School170b1Aii>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="990B">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="990D">
      <Land>
        <OtherCostOrOtherBasis>107017</OtherCostOrOtherBasis>
        <BookValue>107017</BookValue>
      </Land>
      <Buildings>
        <OtherCostOrOtherBasis>983862</OtherCostOrOtherBasis>
        <Depreciation>155975</Depreciation>
        <BookValue>827887</BookValue>
      </Buildings>
      <Equipment>
        <OtherCostOrOtherBasis>149706</OtherCostOrOtherBasis>
        <Depreciation>112292</Depreciation>
        <BookValue>37414</BookValue>
      </Equipment>
      <TotalOfBookValueLandBuildings>972318</TotalOfBookValueLandBuildings>
      <TotalRevenue>1108341</TotalRevenue>
      <TotalExpenses>1086882</TotalExpenses>
      <ExcessOrDeficitForYear>21459</ExcessOrDeficitForYear>
      <ExcessOrDeficitPerFS>21459</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>923895</TotRevenueEtcAuditedFinclStmt>
      <RevenueSubtotal>923895</RevenueSubtotal>
      <OtherRevenuesNotIncluded>184446</OtherRevenuesNotIncluded>
      <RevenueNotRptdOnFinStmt>184446</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>1108341</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>902436</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>902436</ExpensesSubtotal>
      <OtherExpensesNotIncluded>184446</OtherExpensesNotIncluded>
      <ExpensesNotRptdOnFinStmt>184446</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>1086882</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>Other revenues included on Form 990 Part XII line 4b</Identifier>
        <Explanation>REVENUES INCLUDED ON FORM 990 NOT INCLUDED ON LINE 1 ARE TUITION AID AND FINANCIAL AID TOTALLING 184446 WHICH WERE NETTING AGAINST REVENUE ON THE AUDITED FINANCIAL STATEMENTS AND REFLECTED AS GRANTS AND PROGRAM SERVICES ON THE TAX RETURN</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>02 Other expenses included on Form 990 Part XIII line 4b</Identifier>
        <Explanation>OTHER EXPENSES INCLUDED ON FORM 990 INCLUDE TUITION AND FINANCIAL AID TOTALLING 184446 NETTED AGAINST REVENUE IN THE AUDITED FINANCIAL STATEMENTS BUT INCLUDED AS GRANTS AND PROGRAM SERVICES ON THE TAX RETURN</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="990E">
      <NondiscriminatoryPolicyStmt>true</NondiscriminatoryPolicyStmt>
      <PolicyStatementInBrochuresEtc>true</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>true</PolicyPublViaBroadcastMedia>
      <MaintRacialCompositionRecords>true</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>true</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>true</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>true</MaintCopiesOfAllSolicitations>
      <DiscriminateRaceStudentsRights>false</DiscriminateRaceStudentsRights>
      <DiscriminateRaceAdmissPolicies>false</DiscriminateRaceAdmissPolicies>
      <DiscriminateRaceEmplmnFaculty>false</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>false</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>false</DiscriminateRaceEducPolicies>
      <DiscriminateRaceUseOfFclts>false</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>false</DiscriminateRaceAthleticProg>
      <DiscriminateRaceOtherActy>false</DiscriminateRaceOtherActy>
      <GovernmentFinancialAidReceived>false</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>false</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>true</ComplianceWithRevProc7550>
    </IRS990ScheduleE>
    <IRS990ScheduleI documentId="990I">
      <RecordsMaintained>true</RecordsMaintained>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>SCHOLARSHIP AND TUITION ASSISTANCE</TypeOfGrant>
        <NumberOfRecipients>47</NumberOfRecipients>
        <AmountOfNonCashAssistance>110446</AmountOfNonCashAssistance>
        <MethodOfValuation>COST</MethodOfValuation>
        <DescriptionOfNonCashAssistance>TUITION REDUCTIONWAIVER</DescriptionOfNonCashAssistance>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIV>
        <Identifier>Monitoring procedures (Part I, line 2)</Identifier>
        <Explanation>THE SCHOOL MAINTAINS APPLICATIONS AND A STRICT SCHOLARSHIP PROCESS FOR THE AWARDING OF BOTH ACADEMCI AND NEED BASED AID.</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="990O">
      <GeneralExplanation>
        <Identifier>01. Form 990 governing body review (Part VI, line 11)</Identifier>
        <Explanation>THE FORM 990 FOR THE FISCAL YEAR ENDED 53112 WAS FILED ON OR BEFORE 030112 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</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>02. Governing documents, etc, available to public (Part VI, line 19)</Identifier>
        <Explanation>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>