SWIFT LEARNING CENTER INC: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: SWIFT LEARNING CENTER INC (EIN 58-2410129)
Tax period: 2009-07-01 to 2010-06-30
Filed: 2011-05-16
IRS object ID: 201121369349304472
Schema version: 2009v1.7
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule G
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-16T13:16:32-05:00	Timestamp
Tax Period End Date	2010-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WINDHAM BRANNON PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1355 PEACHTREE ST NE STE 200	AddressLine1
City	ATLANTA	City
State	GA	State
ZIP Code	303093230	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2009-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	582410129	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE SWIFT LEARNING CENTER INC DBA	BusinessNameLine1
Business Name Line2	THE SWIFT SCHOOL INC	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	SWIF	NameControl
Phone	6782054988	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	300 GRIMES BRIDGE ROAD	AddressLine1
City	ROSWELL	City
State	GA	State
ZIP Code	30075	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	CYNTHIA W MANLEY	Name
Title	BUSINESS MANAGER	Title
Phone	6782054988	Phone
Date Signed	2011-05-15	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DEBORAH L PRIEST CPA	Name
Phone	4048982000	Phone
Date Prepared	2011-05-12	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2009	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	ELIZABETH STROWD	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	300 GRIMES BRIDGE ROAD	AddressLine1
City	ROSWELL	City
State	GA	State
ZIP Code	30075	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	2349842	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.THESWIFTSCHOOL.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1998	YearFormation
State Legal Domicile	GA	StateLegalDomicile
Activity Or Mission Description	TO PREPARE CHILDREN WITH DYSLEXIA & RELATED LANGUAGE-BASED LEARNING DIFFERENCES TO BE SUCCESSFUL IN LIFE BY TEACHING SPECIFIC LEARNING STRATEGIES AND FULLY DEVELOPING STUDENT TALENTS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	8	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	6	NbrIndependentVotingMembers
Total Nbr Employees	54	TotalNbrEmployees
Total Nbr Volunteers	180	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	98624	ContributionsGrantsPriorYear
Contributions Grants Current Year	117550	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	2223949	ProgramServiceRevenuePriorYear
Program Service Revenue CY	2130137	ProgramServiceRevenueCY
Investment Income Prior Year	4455	InvestmentIncomePriorYear
Investment Income Current Year	4481	InvestmentIncomeCurrentYear
Other Revenue Prior Year	18249	OtherRevenuePriorYear
Other Revenue Current Year	63139	OtherRevenueCurrentYear
Total Revenue Prior Year	2345277	TotalRevenuePriorYear
Total Revenue Current Year	2315307	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1624286	SalariesEtcPriorYear
Salaries Etc Current Year	1494877	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	3712	TotalFundrsngExpCurrentYear
Other Expense Prior Year	747875	OtherExpensePriorYear
Other Expenses Current Year	761603	OtherExpensesCurrentYear
Total Expenses Prior Year	2372161	TotalExpensesPriorYear
Total Expenses Current Year	2256480	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-26884	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	58827	RevenuesLessExpensesCY
Total Assets BOY	4110399	TotalAssetsBOY
Total Assets EOY	4596812	TotalAssetsEOY
Total Liabilities BOY	3369559	TotalLiabilitiesBOY
Total Liabilities EOY	3727145	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	740840	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	869667	NetAssetsOrFundBalancesEOY
Mission Description	TO PREPARE CHILDREN WITH DYSLEXIA & RELATED LANGUAGE-BASED LEARNING DIFFERENCES TO BE SUCCESSFUL IN LIFE BY TEACHING SPECIFIC LEARNING STRATEGIES AND FULLY DEVELOPING STUDENT TALENTS.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	1446786	Expense
Revenue	2130137	Revenue
Description	EDUCATING CHILDREN WITH MILD TO MODERATE LEARNING DIFFICULTIES IN READING, SPELLING, WRITING, PHONEME AWARENESS, AND LANGUAGE PROCESSING/EXPRESSION.	Description
Total Program Service Expense	1446786	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Balance Sheet Amounts Reported	true	BalanceSheetAmountsReported
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	true	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	true	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	54	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Nbr Voting Governing Body Members	8	NbrVotingGoverningBodyMembers
Number Independent Voting Members	6	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	GA	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	CYNTHIA W MANLEY	NamePerson
Telephone Number	6782054988	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	300 GRIMES BRIDGE RD	AddressLine1
City	ROSWELL	City
State	GA	State
ZIP Code	30075	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (11 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
BOB GRAY
CHAIR	12.00	X	X	0	0	0
DON SUTTON
TRUSTEE	1.00	X		0	0	0
LINDA KELLEY
TRUSTEE	1.00	X		0	0	0
PETER WILLIAMS
TREASURER	5.00	X	X	0	0	0
RICHARD PHILLIPS
TRUSTEE	1.00	X		0	0	0
THOMAS FLANIGAN
VICE CHAIR	6.00	X	X	0	0	0
LAURA GREEN
SECRETARY	2.00	X	X	0	0	0
DR CHRISTINE MCGINNIS
TRUSTEE	1.00	X		0	0	0
ELIZABETH STROWD
EXEC DIR	55.00		X	97272	0	0
ANNE BEISEL
ASSOC DIR	55.00		X	70760	0	0
GAIL SWIFT
FOUNDER	25.00		X	69412	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	237444	TotalReportableCompFromOrg
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
All Other Contributions	117550	AllOtherContributions
Total Contributions	117550	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	TUITION & FEES	Description
Total Revenue Column	2130137	TotalRevenueColumn
Related Or Exempt Function Income	2130137	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	2130137	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	4481	TotalRevenueColumn
Exclusion	$4,481	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	97674	GrossIncomeFundraisingEvents
Fundraising Direct Expenses	34535	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	63139	TotalRevenueColumn
Related Or Exempt Function Income	63139	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	2315307	TotalRevenueColumn
Related Or Exempt Function Income	2193276	RelatedOrExemptFunctionIncome
Exclusion	$4,481	ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	1389016	Total
Program Services	912694	ProgramServices
Management And General	476322	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	105861	Total
Program Services	77148	ProgramServices
Management And General	28713	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	37163	Total
Management And General	37163	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	12950	Total
Management And General	12950	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	24108	Total
Management And General	22165	ManagementAndGeneral
Fundraising	1943	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	80264	Total
Program Services	9824	ProgramServices
Management And General	70320	ManagementAndGeneral
Fundraising	120	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	25159	Total
Program Services	13182	ProgramServices
Management And General	10328	ManagementAndGeneral
Fundraising	1649	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	121864	Total
Program Services	87018	ProgramServices
Management And General	34846	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	137745	Total
Program Services	114604	ProgramServices
Management And General	23141	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	21680	Total
Management And General	21680	ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
SCHOOL SUPPLIES & ACTIV.	153116	144324	8792
TELEPHONE & UTILITIES	51186	36619	14567
MAINTENANCE	46999	22839	24160
JANITORIAL EXPENSES	24256	18192	6064
TRAINING	10342	10342

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	14771	Total
Management And General	14771	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	2256480	Total
Program Services	1446786	ProgramServices
Management And General	805982	ManagementAndGeneral
Fundraising	3712	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	463161	BOY
EOY	1047621	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	21962	BOY
EOY	1050	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	12759	BOY
EOY	3227	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	4007551	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	470361	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	3607721	BOY
EOY	3537190	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	4796	BOY
EOY	7724	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	4110399	BOY
EOY	4596812	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	104390	BOY
EOY	96311	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	457959	BOY
EOY	764574	EOY

Loans From Officers Directors LoansFromOfficersDirectors

Field	Value	IRS element (for citing)
BOY	45000	BOY
EOY	30000	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	2762210	BOY
EOY	2836260	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	3369559	BOY
EOY	3727145	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	740340	BOY
EOY	866060	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	500	BOY
EOY	3607	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	740840	BOY
EOY	869667	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	4110399	BOY
EOY	4596812	EOY

Field	Value	IRS element (for citing)
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	640000	OtherCostOrOtherBasis
Book Value	640000	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2504454	OtherCostOrOtherBasis
Depreciation	256289	Depreciation
Book Value	2248165	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	719585	OtherCostOrOtherBasis
Depreciation	153711	Depreciation
Book Value	565874	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	72882	OtherCostOrOtherBasis
Depreciation	37937	Depreciation
Book Value	34945	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	70630	OtherCostOrOtherBasis
Depreciation	22424	Depreciation
Book Value	48206	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	3537190	TotalOfBookValueLandBuildings
Total Revenue	2315307	TotalRevenue
Total Expenses	2256480	TotalExpenses
Excess Or Deficit For Year	58827	ExcessOrDeficitForYear
Donated Services And Facilities	70000	DonatedServicesAndFacilities
Total Adjustments	70000	TotalAdjustments
Excess Or Deficit Per FS	128827	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	2419842	TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities	70000	DonatedSrvcAndUseOfFacilities
Other Revenues	34535	OtherRevenues
Revenue Not Rptd F990	104535	RevenueNotRptdF990
Revenue Subtotal	2315307	RevenueSubtotal
Total Revenue Per Form990	2315307	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	2291015	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	34535	OtherExpensesIncluded
Expenses Not Rptd F990	34535	ExpensesNotRptdF990
Expenses Subtotal	2256480	ExpensesSubtotal
Total Expenses Per Form990	2256480	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
RECONCILIATION OF CHANGES - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 8	FUNDRAISING EXPENSE 34,535 FUNDRAISING EXPENSE -34,535
REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XII, LINE 2D	FUNDRAISING EXPENSE 34,535
EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XIII, LINE 2D	FUNDRAISING EXPENSE 34,535

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Pub Via Broadcast Media Expln	RACIAL NONDISCRIMINATON POLICY IS INCLUDED IN ADMISSIONS DOCUMENTS, SCHOOL LITERATURE, FUNDRAISING DOCUMENTS, WEBSITE, FINANCIAL REPORTS AND THE ANNUAL REPORT.	PubViaBroadcastMediaExpln
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	false	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	SPRING GALA	NameOfEvent1
Gross Receipts Event1	53743	GrossReceiptsEvent1
Gross Revenue Event1	53743	GrossRevenueEvent1
Other Direct Expenses Event1	11450	OtherDirectExpensesEvent1
Name Of Event2	BUTTER BRAID	NameOfEvent2
Gross Receipts Event2	24371	GrossReceiptsEvent2
Gross Revenue Event2	24371	GrossRevenueEvent2
Other Direct Expenses Event2	16387	OtherDirectExpensesEvent2
Total Number Of Other Events	1	TotalNumberOfOtherEvents
Gross Receipts Other Events	19560	GrossReceiptsOtherEvents
Gross Revenue Other Events	19560	GrossRevenueOtherEvents
Other Direct Expenses Other Events	6698	OtherDirectExpensesOtherEvents
Gross Receipts Total	97674	GrossReceiptsTotal
Gross Revenue Total Events	97674	GrossRevenueTotalEvents
Other Direct Expenses Total Events	34535	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	34535	DirectExpenseSummaryEvents
Net Income Summary	63139	NetIncomeSummary

Schedule L IRS990ScheduleL

Field	Value	IRS element (for citing)
Total Balance Due	30000	TotalBalanceDue

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Field	Value	IRS element (for citing)
Name Person	MARTIN POSTHAUER	NamePerson

Field	Value	IRS element (for citing)
Relationship	TRUSTEE	Relationship
Amount Of Transaction	70000	AmountOfTransaction
Description Of Transaction	DONATED SERVICES	DescriptionOfTransaction
Sharing Of Revenues	false	SharingOfRevenues

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11	THE FORM 990 IS REVIEWED BY THE CONTROLLER. THE CONTROLLER MAKES A REPORT TO THE BUSINESS MANAGER WHO IN TURN UPDATES THE EXECUTIVE DIRECTOR.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	BOARD MEMBERS ARE ROUTINELY ASKED TO NOTIFY THE ORGANIZATION OF ANY BUSINESS RELATIONSHIPS WITH THE ORGANIZATION. THESE RELATIONSHIS ARE DISCUSSED WITH THE AUDITORS AND DISCLOSED IN THE FINANCIAL STATEMENTS IF NECESSARY.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	THE BOARD ENGAGES CONSULTING FIRMS TO FILL THE EXECUTIVE DIRECTOR POSITION. THE EXECUTIVE DIRECTOR'S SALARY IS SET BASED ON RECOMMENDATIONS OF THE CONSULTING FIRM.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	UPON REQUEST

SWIFT LEARNING CENTER INC: Form 990, tax year 2009

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990 IRS990

Address Principal Officer US AddressPrincipalOfficerUS

The Books Are In Care Of TheBooksAreInCareOf

Address US AddressUS

Form990 Part VII Section A Form990PartVIISectionA (11 entries)

Program Service Revenue ProgramServiceRevenue

Investment Income InvestmentIncome

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Total Revenue TotalRevenue

Other Salaries And Wages OtherSalariesAndWages

Payroll Taxes PayrollTaxes

Fees For Services Legal FeesForServicesLegal

Fees For Services Accounting FeesForServicesAccounting

Fees For Services Other FeesForServicesOther

Advertising Advertising

Office Expenses OfficeExpenses

Interest Interest

Depreciation Depletion DepreciationDepletion

Insurance Insurance

Other Expenses OtherExpenses (5 entries)

All Other Expenses AllOtherExpenses

Total Functional Expenses TotalFunctionalExpenses

Cash Non Interest Bearing CashNonInterestBearing

Accounts Receivable AccountsReceivable

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Other Assets Total OtherAssetsTotal

Total Assets TotalAssets

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Deferred Revenue DeferredRevenue

Loans From Officers Directors LoansFromOfficersDirectors

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Total Liabilities TotalLiabilities

Unrestricted Net Assets UnrestrictedNetAssets

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Schedule A IRS990ScheduleA

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Contributor Name Business ContributorNameBusiness

Contributor Address US ContributorAddressUS

Schedule D IRS990ScheduleD

Land Land

Buildings Buildings

Leasehold Improvements LeaseholdImprovements

Equipment Equipment

Other Land Buildings OtherLandBuildings

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

Schedule E IRS990ScheduleE

Schedule G IRS990ScheduleG

Events Information EventsInformation

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

Comments