2012-05-14T14:34:44-05:00 2011-06-30 HORNE LLP 1020 HIGHLAND COLONY PKWY STE 400 RIDGELAND MS 39157 990 2010-07-01 640314538 PINEY WOODS COUNTRY LIFE SCHOOL PINE 6018452214 POST OFFICE BOX 57 PINEY WOODS MS 39148 JOHN MAY 6018452214 2012-05-11 1 ANGELA BEASLEY PHYFER CPA 6013261000 2012-05-11 2010 2016-02-24 21:20:13Z JOHN MAY POST OFFICE BOX 57 PINEY WOODS MS 39148 3813993 0 X WWW.PINEYWOODS.ORG X 1913 MS BOARDING SCHOOL PROVIDING EDUCATION FOR STUDENTS IN GRADES NINE THROUGH TWELVE. 17 17 147 17 0 0 2337770 2069951 1250682 1161791 258409 225657 437809 356594 4284670 3813993 0 0 0 0 3377640 3300560 0 0 282771 2250204 2235596 5627844 5536156 -1343174 -1722163 16419948 16117974 667984 1050104 15751964 15067870 X OUR MISSION IS TO PROVIDE EXCELLENCE IN EDUCATION WITHIN A CHRISTIAN ENVIRONMENT THROUGH THE CREATION OF AN EXCEPTIONAL ACADEMIC MODEL WHICH SUPPORTS THE TENET THAT ALL STUDENTS CAN LEARN, DEVELOP A STRONG WORK ETHIC, AND LEAD EXTRAORDINARY LIVES THROUGH ACADEMIC ACHIEVEMENT AND RESPONSIBLE CITIZENSHIP. 0 0 1172954 1004931 ACADEMIC RESPONSIBLE FOR ALL COURSES FOR ACADEMIC CREDIT, STUDENT ACTIVITIES, ETC. 1945728 156860 FOOD DORMITORY, LAUNDRY AND STORES SUPPORT SERVICES FOR STUDENTS AND FACULTY 1226742 MAINTENANCE RESPONSIBLE FOR ROUTINE MAINTENANCE AND HEALTH AND SAFETY PROGRAMS 13501 AGRICULTURE OVERSEES THE OPERATION OF THE SCHOOL FARM 13501 4358925 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 39 0 1 147 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 NY X JOHN MAY 6018452214 POST OFFICE BOX 57 PINEY WOODS MS 39148 MAJ GEN WALLACE C ARNOLD 1.00 X 0 0 0 SAMUEL BALLARD 1.00 X 0 0 0 JOE CAMP 1.00 X 0 0 0 WILLIAM B COLEMAN CPA 1.00 X 0 0 0 EDITH ELZIE 1.00 X 0 0 0 ELZE EPPS 1.00 X 0 0 0 LEONARD GOLDSTEIN 1.00 X 0 0 0 CATHY HUGHES 1.00 X 0 0 0 LAURENCE C JONES III 1.00 X 0 0 0 ESSIE LUCAS PHD 1.00 X 0 0 0 PATRICIA MCCLURE 1.00 X 0 0 0 SARAH NELSON 1.00 X 0 0 0 DEAN SCHOOLER PHD 1.00 X 0 0 0 SAMUEL E THORNTON 1.00 X 0 0 0 MICHAEL C WALKER 1.00 X 0 0 0 GEORGE C WASHINGTON III PHD 1.00 X 0 0 0 EDWARD A WOOD 1.00 X 0 0 0 REGINALD T W NICHOLS 40.00 X 139680 0 3266 PRESTON LEE 40.00 X 65231 0 3182 DEXTER WHITLEY 40.00 X 73972 0 3298 JOHN MAY 40.00 X 63027 0 3190 341910 0 12936 1 0 0 0 0 332620 1737331 2069951 STUDENT TUITION & FEES 611600 1004930 1004930 FOOD SERVICES 722210 98542 98542 FACULTY HOUSING/LAUNDR 721310 56842 56842 STORE & SUPPLIES 453000 1477 1477 1161791 225657 225657 ROYALTY INCOME 211110 188958 188958 MISCELLANEOUS 900099 167636 167636 356594 3813993 1161791 0 582251 354846 62445 292401 2475017 2332633 142384 15004 15004 252355 176103 67639 8613 203338 175391 18275 9672 9701 9701 48477 48477 301875 301875 34491 24957 9534 3336 3336 520404 520404 155098 130581 24517 PURCHASE OF FOOD & MERC 211851 211851 BAD DEBT EXPENSE 191994 191994 MAINTENANCE OF BUILDING 175616 148710 26906 SUPPLIES 162880 143375 1185 18320 EQUIPMENT RENTAL & REPA 87397 59107 28250 40 332476 93114 145154 94208 5536156 4358925 894460 282771 201335 114005 100000 30000 122884 122569 531 1449 20437652 13439763 7156641 6997889 8838557 8852062 16419948 16117974 450793 663690 8675 26070 208516 360344 667984 1050104 X 8124750 6985598 153165 173209 7474049 7909063 15751964 15067870 16419948 16117974 X -1722163 1038069 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7474049 3600 457289 25875 7909063 7353300 5827 139072 24150 7474049 8377054 19583 -1020268 23069 7353300 1.00000 0 0 47411 47411 13495274 7851048 5644226 827297 414273 413024 4755022 4532453 222569 1312648 641989 670659 6997889 3813993 5536156 -1722163 1038069 1038069 -684094 4852062 1038069 1038069 3813993 0 3813993 5536156 0 5536156 0 5536156 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: PLEASE NOTE: THAT THERE WAS AN ERROR ON THE 2008 AND 2009 990'S, FAILING TO REPORT THE DETAIL OF THE ENDOWMENT. INITIALLY THE PERMANENTLY RESTRICTED NET ASSETS WERE NOT REPORTED AS PART OF AN ENDOWMENT FOR TAX RETURN PURPOSES. UPON FURTHER REVIEW OF THE FINANCIALS, SFAS 117 REGULATIONS, AND THE FORM 990 INSTRUCTIONS, IT WAS DETERMINED THAT THE PERMANENTLY RESTRICTED NET ASSETS WERE IN FACT PART OF AN ENDOWMENT FOR TAX PURPOSES. THE DETAIL OF THE PERMANENTLY RESTRICTED NET ASSETS AS HISTORICALLY BEEN DISCLOSED IN THE NOTES TO THE FINANCIAL STATEMENTS. FOR TAX PURPOSES, WE ARE NOW REPORTING ALL OF THE REQUIRED PREVIOUS YEAR DETAIL, AS LAID OUT IN THE FINANCIALS FOR 2008 AND 2009. THE INCOME FROM ENDOWMENT FUNDS ARE TO BE USED FOR STUDENT AID PROGRAMS, ACADEMIC PROGRAMS, AGRICULTURAL PROGAMS AND FOR BUILDING MAINTENANCE. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 NOTICE OF NONDISCRIMINATORY POLICY SUBMITTED TO NEWSPAPERS AS FOLLOWS: THE PINEY WOODS COUNTRY LIFE SCHOOL ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL ADMINISTERED PROGRAMS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 NATIONAL SCHOOL LUNCH ACT - TO PROVIDE FREE OR REDUCED MEALS TO UNDERPRIVILEGED STUDENTS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE DIRECTOR OF OPERATIONS AND THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,038,069. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.