2011-04-06T12:30:42-05:00 2010-06-30 BLACKBURN CHILDERS & STEAGALL PLC 801B Sunset Drive Johnson City TN 376043033 990 2009-07-01 621564142 PROVIDENCE ACADEMY PROV 4238549819 2788 CARROLL CREEK RD JOHNSON CITY TN 37615 JERRY WILLIAMS 4238549819 2011-03-29 1 THOMAS S GREER 4232824511 2011-03-29 2009 2016-02-24 21:20:13Z JERRY WILLIAMS 2788 CARROLL CREEK ROAD JOHNSON CITY TN 37615 3131361 0 X www.providenceacademy.com X 1994 TN TO EQUIP STUDENTS TO ACHIEVE ACADEMIC EXCELLANCE AND SPIRITUAL MATURITY THROUGH A BIBLICALLY BASED, CHRIST-CENTERED, CLASSICAL EDUCATION, SO THEY WILL THINK AND LIVE IN A MANNER WHICH BRINGS GLORY TO GOD. 9 9 95 160 0 0 325211 222143 2484573 2651103 12902 5884 56382 33280 2879068 2912410 183422 237231 0 1887007 1999165 0 0 815518 859202 2885947 3095598 -6879 -183188 7928621 7650259 3121873 3045699 4806748 4604560 TO EQUIP STUDENTS TO ACHIEVE ACADEMIC EXCELLANCE AND SPIRITUAL MATURITY THROUGH A BIBLICALLY BASED, CHRIST-CENTERED, CLASSICAL EDUCATION, SO THEY WILL THINK AND LIVE IN A MANNER WHICH BRINGS GLORY TO GOD. 0 0 2415844 2651104 TO OPERATE A NOT FOR PROFIT EDUCATIONAL FACILITY, PROVIDING EDUCATION TO STUDENTS IN GRADES K-12. 2415844 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 95 1 0 0 0 0 0 0 0 9 9 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X linda stillwell 4238549819 2788 CARROLL CREEK RD JOHNSON CITY TN 37615 SCOTT GREER 1.00 X 0 0 0 BILL BOSWELL 1.00 X 0 0 0 mark hecht 1.00 X 0 0 0 MICHAEL HODGE 1.00 X 0 0 0 TOMMY WOODS 1.00 X 0 0 0 KEITH JOHNSON 1.00 X 0 0 0 DAVID REYNOLDS 1.00 X 0 0 0 ROBERT SMITH 1.00 X 0 0 0 JERRY WILLIAMS 60.00 X 61121 0 0 61121 0 0 0 0 0 0 0 27622 194521 27622 222143 TUITION & FEES 611600 2651103 2651103 2651103 5883 5883 1 1 1 1 252231 27622 218951 33280 33280 2912410 2651104 0 39163 237231 237231 1727445 1381956 345489 134210 107368 26842 137510 110008 27502 9409 9409 137272 109817 27455 153062 153062 215318 178628 36690 21102 10551 10551 EQUIPMENT MAINT. & REPA 91997 73598 18399 CURRICULUM & ACCREDITAT 84289 84289 SUPPLIES 36817 29454 7363 MISCELLANEOUS 35616 28492 7124 Secondary 20974 20974 53346 43478 9868 3095598 2415844 679754 0 1055484 941965 247087 188324 34712 60781 37973 42494 7910774 1539984 6502200 6370790 34300 7600 4088 28963 12777 9342 7928621 7650259 132236 140594 436839 507420 2451438 2285311 101360 112374 3121873 3045699 X 4300166 4273380 506582 331180 4806748 4604560 7928621 7650259 X 1 0 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1098355 1098355 6319113 1140375 5178738 453403 366430 86973 39903 33179 6724 6370790 DUE TO CLASSESS (AGENCY) 24302 ACCRUED INTEREST 1829 ACCRUED SICK TIME PAYABLE 86243 112374 2656179 -19000 2858367 Part X: Description of Uncertain Tax Positions Under FIN 48: NOTE 11 - TAX UNCERTAINTIES: The School follows the FASB Accounting Standards Codification, which provides guidance on accounting for uncertainty in income taxes recognized in an organization's financial statements. As of June 30, 2010, the School had no uncertain tax positions that qualify for either recognition or disclosure in the School's financial statements. The School's policy is to recognize interest and penalties on unrecognized tax benefits in income tax expense in the financial statements. No interest or penalties were recorded during the year ended June 30, 2010. GENERALLY, THE TAX YEARS BEFORE 2008 ARE NO LONGER SUBJECT TO EXAMINATION BY FEDERAL TAXING AUTHORITIES. 1 1 0 The Organization relies principally upon the brochures and printed matter to communicate the racially nondiscriminatory policy. Radio exposure is primarily a sponsorship of Christian programming. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 STORYTELLING FESTIVAL, ETC. 50013 50013 10474 SALE OF SCRIP CERTIFICATES 94829 94829 89101 5 107389 107389 91755 252231 252231 191330 191330 60901 1 CASH SCHOLARSHIPS TO STUDENTS OF PROVIDENCE ACADEMY IN WASHINGTON COUNTY, TN 137 237231 0 N/A N/A Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: RECIPIENTS RECEIVE FUNDS DIRECTLY ON THEIR ACCOUNTS BY THE SCHOOL. NO FUNDS ARE EVER DISBURSED DIRECTLY TO THE INDIVIDUALS. X MISC. ITEMS FOR BASKETS & AUCTION 65 27622 FMV 0 0 0 Form 990, Part VI, Section A, line 6 THE ORGANIZATION HAS MEMBERS AS DEFINED BY THE IRS AS ANY PERSON WHO HAS THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE. THEY DO NOT RECEIVE DISTRIBUTIONS OF INCOME OR ASSETS FROM THE ORGANIZATION. Form 990, Part VI, Section B, line 11 DISTRIBUTED BY E-MAIL TO BOARD MEMBERS FOR REVIEW AND APPROVAL, VOTE TAKEN AND DOCUMENTED. Form 990, Part VI, Section B, line 12c COMPLETED ANNUALLY DURING REVIEW OR AUDIT PROCESS Form 990, Part VI, Section B, line 15 BOARD REVIEWS ANNUALLY AND SETS COMPENSATION Form 990, Part VI, Section C, line 19 UPON REQUEST FORM 990, PART XI, LINE 2C RESPONSIBLITY FOR OVERSIGHT OF REVIEW & SELECTION OF INDEPENDENT ACCOUNTANT PROVIDENCE ACADEMY'S PROCESS FOR ITS FINANCE COMMITTEE, WHICH ASSUMES RESPONSIBLITY FOR OVERSIGHT OF THE REVIEW OF ITS FINANCIAL STATEMENTS AND FOR THE SELECTION OF AN INDEPENDENT ACCOUNTANT, HAS NOT CHANGED FROM THE PRIOR YEAR.