2012-04-11T05:44:56-05:00 2011-06-30 BLACKBURN CHILDERS & STEAGALL PLC 801B SUNSET DRIVE JOHNSON CITY TN 376043033 990 2010-07-01 621564142 PROVIDENCE ACADEMY PROV 4238549819 2788 CARROLL CREEK RD JOHNSON CITY TN 37615 JERRY WILLIAMS 4238549819 2012-03-30 1 THOMAS S GREER 4232824511 2012-03-30 2010 2016-02-24 21:20:13Z JERRY WILLIAMS 2788 CARROLL CREEK RD JOHNSON CITY TN 37615 3540448 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. 9 9 96 145 0 0 222143 245114 2651103 3040833 5884 6413 33280 62588 2912410 3354948 237231 381284 0 0 1999165 2039417 0 0 0 859202 843451 3095598 3264152 -183188 90796 7650259 7876731 3045699 3181969 4604560 4694762 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 2573074 3042833 TO OPERATE A NOT FOR PROFIT EDUCATIONAL FACILITY, PROVIDING EDUCATION TO STUDENTS IN GRADES K-12. 2573074 1 1 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 0 0 0 0 0 0 0 0 0 0 1 0 0 96 1 0 0 0 0 0 0 0 0 X 9 9 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 RD JOHNSON CITY TN 37615 SCOTT GREER 1.00 X 0 0 0 CLAY RUNNELS 1.00 X 0 0 0 STEVE LANE 1.00 X 0 0 0 MARK HECHT 1.00 X 0 0 0 TOMMY WOODS 1.00 X 0 0 0 KEITH JOHNSON 1.00 X 0 0 0 DAVID REYNOLDS 1.00 X 0 0 0 ROBERT SMITH 1.00 X 0 0 0 JERRY WILLIAMS 50.00 X 62209 0 0 62209 0 0 0 0 0 0 0 18230 226884 18230 245114 TUITION & FEES 611600 3040833 3040833 3040833 4413 4413 1500 1500 1000 500 1500 2000 2000 247088 18230 184500 62588 62588 3354948 3042833 0 67001 381284 381284 1759884 1407907 351977 142774 114219 28555 136759 109407 27352 961 961 8886 8886 4545 4545 6516 6516 133867 107094 26773 145695 145695 199744 162509 37235 20944 10472 10472 EQUIPMENT REPAIRS & MAI 94098 75278 18820 CURRICULUM & ACCREDITAT 82484 82484 SUPPLIES 38104 30483 7621 MISCELLANEOUS 29707 24166 5541 SECONDARY 21992 21992 55908 45779 10129 3264152 2573074 691078 0 941965 1418420 188324 130476 60781 40375 42494 60241 7939447 1721781 6370790 6217666 7600 6600 28963 9342 2953 7650259 7876731 140594 167637 507420 668700 2285311 2216271 112374 129361 3045699 3181969 X 4273380 4204362 331180 490400 4604560 4694762 7650259 7876731 X 90796 -594 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1098355 1098355 6327988 1307000 5020988 477074 394220 82854 36030 20561 15469 6217666 DUE TO CLASSES (AGENCY) 29382 ACCRUED SICK TIME PAYABLE 99979 129361 3354948 3264152 90796 -594 -594 90202 2973070 -594 -594 2973664 381284 381284 3354948 2882868 0 2882868 381284 381284 3264152 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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, 2011, 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 YEAR ENDED JUNE 30, 2011. GENERALLY, THE TAX YEARS BEFORE 2008 ARE NO LONGER SUBJECT TO EXAMINATIONS BY FEDERAL TAXING AUTHORITIES. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION 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, ETC. 67705 67705 15659 SALE OF SCRIP CERTIFICATES 68275 68275 63942 5 111111 111111 86971 247091 247091 166572 166572 80519 1 CASH SCHOLARSHIPS TO STUDENTS OF PROVIDENCE ACADEMY IN WASHINGTON COUNTY, TN 125 381284 0 N/A N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: RECIPIENTS RECEIVE FUNDS DIRECTLY ON THEIR ACCOUNTS BY THE SCHOOL. NO FUNDS ARE EVER DISBURSED DIRECTLY TO THE INDIVIDUALS. 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 CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -594. RESPONSIBILITY FOR OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT ACCOUNTA FORM 990 PART XI, LINE 2C THE FINANCE COMMITTEE OF PROVIDENCE ACADEMY ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF IT FINANCIAL STATEMENTS AND FOR SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.