2011-02-14T16:20:50-06:00 2010-06-30 Thomas Judy & Tucker P A 4505 Falls of Neuse Road Suite 450 Raleigh NC 27609 990 2009-07-01 560754499 St Timothy's School STTI 9197873011 PO Box 17787 Raleigh NC 27619 Father JAY JAMES 9197873011 2011-02-14 1 Kristen Hoyle CPA 9195717055 2009 2016-02-24 21:20:13Z Father JAY JAMES PO Box 17787 Raleigh NC 27619 5318815 0 X www.sttimothys.org X 1966 NC St. Timothy's School is an Episcopal preparatory school committed to educational excellence and the emotional, physical and spiritual growth of children in an environment where traditional Christian values are emphasized. 8 8 139 300 0 0 832947 176470 4833349 4881570 16608 8603 86905 88359 5769809 5155002 1000 1000 0 3178367 3310836 0 18780 2219691 1860639 5399058 5172475 370751 -17473 8120625 7829399 4461300 4187547 3659325 3641852 St. Timothy's School is an Episcopal preparatory school committed to educational excellence and the emotional, physical and spiritual growth of children in an environment where traditional Christian values are emphasized. 0 0 4123159 4972203 Operated a school for grades kindergarten through eighth grade. Expenses incurred included teacher salaries, education materials, field trips and other school activities. Revenue includes tuition charged. The school educated a total of 481 children for this fiscal year. 4123159 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 8 0 139 1 0 0 0 0 0 0 0 8 8 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 1 1 0 X Brenda Beamon 9197829918 PO BOX 17787 RALEIGH NC 27619 Father Jay James 1.00 X X 0 0 0 Mr Jim Cain 1.00 X 0 0 0 Dr Mary Fulghum 1.00 X 0 0 0 Mrs Heather Garrabrant 1.00 X 0 0 0 Mr Jeff Harrod 1.00 X 0 0 0 Mr Noah Huffstetler 1.00 X 0 0 0 Mr Keith Killinger 1.00 X 0 0 0 Mr Kirk Whorf 1.00 X 0 0 0 Mr Joe Diab 1.00 X 0 0 0 Mike Bailey 40.00 X 143554 0 11429 143554 0 11429 1 0 1 0 0 39140 137330 176470 TUITION INCOME 900099 4663935 4663935 AFTER SCHOOL CARE 900099 152608 152608 CAMPS 900099 47318 47318 OTHER INCOME 900099 17709 17709 4881570 8603 8603 11885 11885 11885 11885 161539 39140 163813 -2274 -2274 EVENT INCOME 900099 41758 41758 ATHLETIC INCOME 900099 36990 36990 78748 5155002 4972203 0 6329 1000 1000 141282 113026 28256 2843257 2274606 568651 103368 82694 20674 222929 178343 44586 9000 7200 1800 45736 36589 9147 84036 67229 16807 37500 30000 7500 182681 146145 36536 298926 239141 59785 271022 216818 54204 OTHER OPERATING EXPENSE 341687 273350 68337 REPAIRS & MAINTENANCE 201266 161013 40253 INStructional MATERIALS 141182 112946 28236 UTILITIES 135107 108086 27021 athletic expenses 45855 36684 9171 66641 38289 9572 18780 5172475 4123159 1030536 18780 1062757 652359 207081 683221 353601 229572 77066 85362 42448 70721 7944342 1836178 6377672 6108164 8120625 7829399 364827 342929 68254 67873 3021796 2862662 1006423 914083 4461300 4187547 X 3162128 3326149 497197 315703 3659325 3641852 8120625 7829399 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 260595 260595 5991196 773415 5217781 1692551 1062763 629788 6108164 Preregistration 912848 Tuition Refund Plan 1235 914083 5155002 5172475 -17473 0 -17473 5318815 163813 163813 5155002 0 5155002 5336288 163813 163813 5172475 0 5172475 Part X: Description of Uncertain Tax Positions Under FIN 48: The School is exempt from income taxes as a not-for-profit organization under section 501(c)(3) of the Internal Revenue Code. Effective July 1, 2009, the School adopted the provisions of FASB ASC 740-10-25 (formerly FASB Interpretation No. 48, "Accounting for Uncertainty in Income Taxes"). Under this provision, an organization must recognize the tax benefit associated with tax taken for tax return purposes when it is more likely than not the position will be sustained. The implementation had no impact on the School's financial statements. The School does not believe there are any uncertain taxes positions and, accordingly, it will not recognize any liability for unrecognized tax benefits. No interest or penalties were accrued as of July 1, 2009, as a result of the adoption. For the year ended June 30, 2010, there were no interest or penalties recorded or included in its financial statements. Part XII, Line 2d - Other Adjustments: Fundraising Expenses: 163813. Part XIII, Line 2d - Other Adjustments: Fundraising Expenses: 163813. 1 1 1 St. Timothy School publicizes its racial nondiscriminatory policy through its newspaper ads which solicit students. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Various Events 200679 39140 161539 163813 200679 39140 161539 163813 163813 -2274 X X 1 1 X X 0 0 0 0 0 0 0 0 0 Mike Bailey 143554 0 0 0 0 0 0 0 11429 0 154983 0 181069 0 Copie Cain Wife of Board Member and Employee of School 23739 Payroll 0 Form 990, Part VI, Section B, line 11 The Form 990 will be reviewed by the Board of Directors and any changes that need to be made will be done before the filing. Form 990, Part VI, Section B, line 15 Compensation of organization's top management is reviewed and approved by the board of directors. Form 990, Part VI, Section C, line 19 The governing documents, financial statements and the Form 990 are available for review in our business office. Form 990, Part XI, Line 2C Process has not changed from prior year. St Timothy's Episcopal Church 4523 Six Forks Rd Raleigh NC 27609 Church NC 501(c)3 170(b)(1)(a)(i) 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0