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    <Timestamp>2011-07-31T22:35:25-07:00</Timestamp>
    <TaxPeriodEndDate>2010-12-31</TaxPeriodEndDate>
    <PreparerFirm>
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        <BusinessNameLine1>KEVIN R COOK CPA</BusinessNameLine1>
      </PreparerFirmBusinessName>
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        <AddressLine1>1020 VALLEYDALE AVE</AddressLine1>
        <City>CROSS PLAINS</City>
        <State>TN</State>
        <ZIPCode>370494777</ZIPCode>
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    <TaxPeriodBeginDate>2010-01-01</TaxPeriodBeginDate>
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      <Name>
        <BusinessNameLine1>CHRIST'S GIFT ACADEMIES</BusinessNameLine1>
      </Name>
      <NameControl>CHRI</NameControl>
      <Phone>8432164844</Phone>
      <USAddress>
        <AddressLine1>1341 OLD GEORGETOWN RD</AddressLine1>
        <City>MOUNT PLEASANT</City>
        <State>SC</State>
        <ZIPCode>29464</ZIPCode>
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    </Filer>
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      <Title>TREASURER</Title>
      <Phone>8432164844</Phone>
      <DateSigned>2011-07-20</DateSigned>
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    <Preparer>
      <Name>KEVIN R COOK</Name>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
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      <NameOfPrincipalOfficerPerson>JOSEPH PETERSON</NameOfPrincipalOfficerPerson>
      <AddressPrincipalOfficerUS>
        <AddressLine1>2999 PEMBROKE AVE</AddressLine1>
        <City>HEMET</City>
        <State>CA</State>
        <ZIPCode>92545</ZIPCode>
      </AddressPrincipalOfficerUS>
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      <GroupReturnForAffiliates>false</GroupReturnForAffiliates>
      <Organization501c3>X</Organization501c3>
      <WebSite>N/A</WebSite>
      <TypeOfOrganizationCorporation>X</TypeOfOrganizationCorporation>
      <YearFormation>2004</YearFormation>
      <StateLegalDomicile>SC</StateLegalDomicile>
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      <TotalGrossUBI>0</TotalGrossUBI>
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      <ContributionsGrantsCurrentYear>220619</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenueCY>41587</ProgramServiceRevenueCY>
      <InvestmentIncomeCurrentYear>31</InvestmentIncomeCurrentYear>
      <OtherRevenueCurrentYear>0</OtherRevenueCurrentYear>
      <TotalRevenuePriorYear>226158</TotalRevenuePriorYear>
      <TotalRevenueCurrentYear>262237</TotalRevenueCurrentYear>
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      <Gaming>false</Gaming>
      <Hospital>false</Hospital>
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      <PartialLiquidation>false</PartialLiquidation>
      <DisregardedEntity>false</DisregardedEntity>
      <RelatedEntity>false</RelatedEntity>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionRelatedEntity>false</TransactionRelatedEntity>
      <ActivitiesConductedPartnership>false</ActivitiesConductedPartnership>
      <ScheduleORequired>false</ScheduleORequired>
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      <NumberW2GIncluded>0</NumberW2GIncluded>
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      <ForeignFinancialAccount>false</ForeignFinancialAccount>
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      <PremiumsPaid>false</PremiumsPaid>
      <IndoorTanningServices>false</IndoorTanningServices>
      <InfoInScheduleOPartVI>X</InfoInScheduleOPartVI>
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      <NumberIndependentVotingMembers>8</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>true</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>true</OfficerMailingAddress>
      <LocalChapters>false</LocalChapters>
      <Form990ProvidedToGoverningBody>true</Form990ProvidedToGoverningBody>
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      <TheBooksAreInCareOf>
        <NamePerson>JEFF FOLK</NamePerson>
        <TelephoneNumber>8438107773</TelephoneNumber>
        <AddressUS>
          <AddressLine1>1341 OLD GEORGETOWN RD</AddressLine1>
          <City>MT PLEASANT</City>
          <State>SC</State>
          <ZIPCode>29464</ZIPCode>
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        <NamePerson>JOSEPH PETERSON</NamePerson>
        <Title>Member</Title>
        <AverageHoursPerWeek>40.00</AverageHoursPerWeek>
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        <NamePerson>MICK ANTANAITIS</NamePerson>
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        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
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        <NamePerson>STEVE COCHRAN</NamePerson>
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      <Form990PartVIISectionA>
        <NamePerson>JUDI COCHRAN</NamePerson>
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        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
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      <Form990PartVIISectionA>
        <NamePerson>DAVID DOUGLAS</NamePerson>
        <Title>President</Title>
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        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JEFF FOLK</NamePerson>
        <Title>Treasurer</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
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      <Form990PartVIISectionA>
        <NamePerson>CLIFF BENNETT</NamePerson>
        <Title>Board Member</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
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      <Form990PartVIISectionA>
        <NamePerson>PATTY BENNETT</NamePerson>
        <Title>Board Member</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
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      <FormersListed>false</FormersListed>
      <TotalCompGT150K>false</TotalCompGT150K>
      <CompensationFromOtherSources>false</CompensationFromOtherSources>
      <AllOtherContributions>220619</AllOtherContributions>
      <TotalContributions>220619</TotalContributions>
      <ProgramServiceRevenue>
        <Description>Support for School Director</Description>
        <BusinessCode>611710</BusinessCode>
        <TotalRevenueColumn>41587</TotalRevenueColumn>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>41587</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>31</TotalRevenueColumn>
      </InvestmentIncome>
      <TotalRevenue>
        <TotalRevenueColumn>262237</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>41618</RelatedOrExemptFunctionIncome>
      </TotalRevenue>
      <CompCurrentOfficersDirectors>
        <Total>34896</Total>
        <ProgramServices>34896</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </CompCurrentOfficersDirectors>
      <FeesForServicesAccounting>
        <Total>3000</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>3000</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </FeesForServicesAccounting>
      <OfficeExpenses>
        <Total>671</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>671</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OfficeExpenses>
      <OtherExpenses>
        <Description>Postage</Description>
        <Total>3558</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>3558</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Computer Expense</Description>
        <Total>855</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>855</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Bank Charges</Description>
        <Total>301</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>301</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>School Operations and Projects</Description>
        <Total>195976</Total>
        <ProgramServices>195976</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <TotalFunctionalExpenses>
        <Total>239257</Total>
        <ProgramServices>230872</ProgramServices>
        <ManagementAndGeneral>8385</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </TotalFunctionalExpenses>
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        <EOY>103662</EOY>
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      <SavingsAndTempCashInvestments>
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        <EOY>31118</EOY>
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      <TotalAssets>
        <BOY>111800</BOY>
        <EOY>134780</EOY>
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      <TotalLiabilities>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>111800</BOY>
        <EOY>134780</EOY>
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      <TotalNetAssetsFundBalances>
        <BOY>111800</BOY>
        <EOY>134780</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>111800</BOY>
        <EOY>134780</EOY>
      </TotalLiabNetAssetsFundBalances>
      <ReconcilationRevenueExpenses>22980</ReconcilationRevenueExpenses>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
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      <FSAudited>false</FSAudited>
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        <CurrentTaxYearMinus3Years>267544</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>288268</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>226158</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>262206</CurrentTaxYear>
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        <CurrentTaxYearMinus3Years>267544</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>288268</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>226158</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>262206</CurrentTaxYear>
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        <CurrentTaxYearMinus3Years>2404</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>708</CurrentTaxYearMinus2Years>
        <CurrentTaxYear>31</CurrentTaxYear>
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          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
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      <GeneralExplanation>
        <Identifier>Pt VI-A, Line 2</Identifier>
        <Explanation>Cliff &amp; Patty Bennett are married; Steve &amp; Judy Cochran are married</Explanation>
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      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 11a</Identifier>
        <Explanation>This is the first year that we have had to file a 990. Our Board treasurer will review before filing this form</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 9</Identifier>
        <Explanation>JOSEPH PETERSON 2999 PEMBROKE AVE. HEMET CA 92545 MICK AMTANAITIS 68 MUSIC SQ.E NASHVILLE TN 37203 DAVID DOUGLAS 146 SPRING ST CONCORD NC 28025 CLIFF &amp; PATTY BENNETT 5523 HILLVIEW DR. BRENTWOOD TN 37027</Explanation>
      </GeneralExplanation>
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