2011-05-13T14:31:49-05:00 2010-06-30 HORNE LLP 1020 Highland Colony Pkwy Ste 400 Ridgeland MS 39157 990 2009-07-01 640314538 PINEY WOODS COUNTRY LIFE SCHOOL PINE 6018452214 POST OFFICE BOX 57 PINEY WOODS MS 39148 JOHN MAY 6018452214 2011-05-13 1 ANGELA BEASLEY PHYFER CPA 6013261000 2011-05-13 2009 2016-02-24 21:20:13Z JOHN MAY POST OFFICE BOX 57 PINEY WOODS MS 39148 4284672 0 X www.pineywoods.org X 1913 MS BOARDING SCHOOL PROVIDING EDUCATION FOR STUDENTS IN GRADES NINE THROUGH TWELVE. 19 19 151 0 0 0 2232294 2337770 1381968 1250682 32719 258409 244242 437809 3891223 4284670 0 0 3982212 3377640 0 364234 2399571 2250204 6381783 5627844 -2490560 -1343174 16764234 16419948 650399 667984 16113835 15751964 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 1308456 1054761 ACADEMIC RESPONSIBLE FOR ALL COURSES FOR ACADEMIC CREDIT, STUDENT ACTIVITIES, ETC. 2027638 195921 FOOD DORMITORY, LAUNDRY AND STORES SUPPORT SERVICES FOR STUDENTS AND FACULTY 1189512 MAINTENANCE RESPONSIBLE FOR ROUTINE MAINTENANCE AND HEALTH AND SAFETY PROGRAMS 58709 AGRICULTURE OVERSEES THE OPERATION OF THE SCHOOL FARM 58709 4584315 1 1 0 0 0 0 0 0 0 1 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 1 34 0 1 151 1 0 0 0 0 0 0 0 0 0 19 19 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 GREGORY HEADINGTON 1.00 X 0 0 0 CATHY HUGHES 1.00 X 0 0 0 LAURENCE C JONES III 1.00 X 0 0 0 JOHN D LEWIS 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 133638 0 5194 LEE UNGER 40.00 X 42499 0 2708 WENDELL DOUGLAS 40.00 X 44683 0 1787 PRESTON LEE 40.00 X 65107 0 3999 DEXTER WHITLEY 40.00 X 69446 0 4164 JOHN MAY 40.00 X 59954 0 3999 415327 0 21851 1 0 0 0 0 363514 1974256 2337770 STUDENT TUITION & FEES 611600 1054761 1054761 FOOD SERVICES 722210 128028 128028 FACULTY HOUSING/LAUNDR 721310 64499 64499 STORE & SUPPLIES 453000 3394 3394 1250682 258411 258411 2 -2 -2 -2 ROYALTY INCOME 211110 376017 376017 MISCELLANEOUS 900099 61792 61792 437809 4284670 1250682 0 696218 437178 161796 275382 2418190 2281921 136269 14868 14868 290182 210265 70952 8965 217222 187399 19570 10253 20786 20786 43300 43300 339086 339086 27777 19738 8039 511551 511551 135296 108784 26512 PURCHASE OF FOOD & MERC 255433 255433 MAINTENANCE OF BUILDING 174155 171600 2555 SUPPLIES 157429 124652 32777 SPECIAL EVENTS 95434 95434 EQUIPMENT RENTAL & REPA 87679 54642 31112 1925 402278 177186 154520 70572 5627844 4584315 679295 364234 285086 201335 90000 100000 120300 122884 6486 531 25118 20076000 12919359 7141898 7156641 9095271 8838557 75 0 16764234 16419948 628829 450793 21570 8675 208516 650399 667984 X 8637241 8124750 123294 153165 7353300 7474049 16113835 15751964 16764234 16419948 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 47411 47411 13464910 7481683 5983227 777104 386559 390545 4528543 4445892 82651 1258032 605225 652807 7156641 4284670 5627844 -1343174 981303 981303 -361871 5265973 981303 981303 4284670 0 4284670 5627843 0 5627843 1 1 5627844 Part X: Description of Uncertain Tax Positions Under FIN 48: In July 2006, the FASB issued Interpretation No. 48, Accounting for Uncertainty in Income Taxes - an interpretation of FASB Statement No. 109, codified in ASC Topic 740. This standard clarifies the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribes a recognition threshold and measurement attribute for tax positions taken or expected to be taken on a tax return including the entity's status as a tax-exempt not-forprofit entity. Additionally, ASC Topic 740 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The School adopted this standard effective July 1, 2009. The School had no significant uncertain tax positions at the date of adoption or at June 30, 2010. Accordingly, the adoption did not have a material effect on the School's financial position or changes in net assets. If interest and penalties are incurred related to uncertain tax positions, such amounts are recognized in income tax expense. Part XIII, Line 4b - Other Adjustments: ROUNDING: 1. 1 1 1 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. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 NATIONAL SCHOOL LUNCH ACT - TO PROVIDE FREE OR REDUCED MEALS TO UNDERPRIVILEGED STUDENTS. 1 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. FORM 990, PART XI, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.