﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2010v3.2">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2011-05-16T13:55:45-05:00</Timestamp>
    <TaxPeriodEndDate>2010-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>THE SPARKS CPA FIRM PC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>2013 AVALON AVE</AddressLine1>
        <City>MUSCLE SHOALS</City>
        <State>AL</State>
        <ZIPCode>35661</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2010-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>201227355</EIN>
      <Name>
        <BusinessNameLine1>MUSCLE SHOALS EDUCATION FOUNDATION</BusinessNameLine1>
      </Name>
      <NameControl>MUSC</NameControl>
      <USAddress>
        <AddressLine1>3200 S WILSON DAM ROAD</AddressLine1>
        <City>MUSCLE SHOALS</City>
        <State>AL</State>
        <ZIPCode>35661</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>SHENETA SMITH</Name>
      <Title>TREASURER</Title>
      <DateSigned>2011-05-13</DateSigned>
    </Officer>
    <Preparer>
      <Name>TAMMY T JUMPER CPA</Name>
      <Phone>2563145082</Phone>
      <DatePrepared>2011-05-16</DatePrepared>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="4">
    <IRS990EZ documentId="RetDoc4" referenceDocumentId="RetDoc3">
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <ScheduleBNotRequired>X</ScheduleBNotRequired>
      <WebSite>N/A</WebSite>
      <Organization501c3 referenceDocumentId="RetDoc2">X</Organization501c3>
      <GrossReceipts>50041</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>36209</ContributionsGiftsGrantsEtc>
      <InvestmentIncome>139</InvestmentIncome>
      <FundraisingGrossIncome>13693</FundraisingGrossIncome>
      <SpecialEventsNetIncomeLoss>13693</SpecialEventsNetIncomeLoss>
      <TotalRevenue>50041</TotalRevenue>
      <GrantsAndSimilarAmountsPaid>22210</GrantsAndSimilarAmountsPaid>
      <SalariesOtherCompEmplBenefits>33215</SalariesOtherCompEmplBenefits>
      <FeesAndOthPymtToIndContractors>1020</FeesAndOthPymtToIndContractors>
      <OtherExpensesTotal>8506</OtherExpensesTotal>
      <TotalExpenses>64951</TotalExpenses>
      <ExcessOrDeficitForYear>-14910</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>56773</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>41863</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartII>X</InfoInScheduleOPartII>
      <CashSavingsAndInvestments>
        <BOY>59440</BOY>
        <EOY>44519</EOY>
      </CashSavingsAndInvestments>
      <TotalAssets>
        <BOY>59440</BOY>
        <EOY>44519</EOY>
      </TotalAssets>
      <SumOfTotalLiabilities>
        <BOY>2667</BOY>
        <EOY>2656</EOY>
      </SumOfTotalLiabilities>
      <NetAssetsOrFundBalances>
        <BOY>56773</BOY>
        <EOY>41863</EOY>
      </NetAssetsOrFundBalances>
      <PrimaryExemptPurpose>PROVIDE INNOVATIVE EDUCATION PROGRAMS</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>MINI GRANTS TO TEACHERS IN MUSCLE SHOALS SCHOOL SYSTEM IT INHANCES LEARNING IN THE CLASS ROOMS</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>9010</GrantsAndAllocations>
        <ProgramServiceExpenses>10823</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>SCHOLARSHIP TO STUDENTS OF MUSCLE SHOALS HIGH SCHOOL AS DETERMINED BY SCHOLARSHIP COMMITTEE OF MUSCLE SHOALS HIGH SCHOOL</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>13200</GrantsAndAllocations>
        <ProgramServiceExpenses>13200</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <TotalProgramServiceExpenses>24023</TotalProgramServiceExpenses>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc1">SHANE WHITEHEAD DENISTRY</PersonName>
        <AddressUS>
          <AddressLine1>1919 WOODWARD AVE</AddressLine1>
          <City>MUSCLE SHOALS</City>
          <State>AL</State>
          <ZIPCode>35661</ZIPCode>
        </AddressUS>
        <Title>PRESIDENT</Title>
        <AvgHoursPerWkDevotedToPosition>4.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <BusinessName referenceDocumentId="RetDoc1">
          <BusinessNameLine1>SCOTT COOPER</BusinessNameLine1>
        </BusinessName>
        <AddressUS>
          <AddressLine1>106 EAST 6TH STREET</AddressLine1>
          <City>TUSCUMBIA</City>
          <State>AL</State>
          <ZIPCode>35674</ZIPCode>
        </AddressUS>
        <Title>VICE PRESIDE</Title>
        <AvgHoursPerWkDevotedToPosition>4.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc1">CAROL HAYES</PersonName>
        <AddressUS>
          <AddressLine1>2019 ASHTON</AddressLine1>
          <City>MUSCLE SHOALS</City>
          <State>AL</State>
          <ZIPCode>35661</ZIPCode>
        </AddressUS>
        <Title>SECRETARY</Title>
        <AvgHoursPerWkDevotedToPosition>4.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <BusinessName referenceDocumentId="RetDoc1">
          <BusinessNameLine1>MUSCLE SHOALS SCHOOLS</BusinessNameLine1>
          <BusinessNameLine2>SHENTTA SMITH</BusinessNameLine2>
        </BusinessName>
        <AddressUS>
          <AddressLine1>3200 SOUTH WILSON DAM ROAD</AddressLine1>
          <City>MUSCLE SHOALS</City>
          <State>AL</State>
          <ZIPCode>35661</ZIPCode>
        </AddressUS>
        <Title>TREASURER</Title>
        <AvgHoursPerWkDevotedToPosition>6.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <ActivitiesNotPreviouslyRpt>false</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>false</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI>false</OrganizationHadUBI>
      <OrganizationDissolvedEtc>false</OrganizationDissolvedEtc>
      <DidOrgFileForm1120POLThisYear>false</DidOrgFileForm1120POLThisYear>
      <MadeLoansToFromOfficers>false</MadeLoansToFromOfficers>
      <EngagedInExcessBenefitTrans>false</EngagedInExcessBenefitTrans>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TheBooksAreInCareOf>
        <NamePerson>DEBBIE BRADFORD</NamePerson>
        <AddressUS>
          <AddressLine1>3200 S WILSON DAM ROAD</AddressLine1>
          <City>MUSCLE SHOALS</City>
          <State>AL</State>
          <ZIPCode>35661</ZIPCode>
        </AddressUS>
        <TelephoneNumber>2566274977</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>false</TransactionWithControlEntity>
      <EngagePoliticalCmpgnActivities>false</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>false</EngageInLobbyingActivities>
      <OperatingSchool>false</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>false</TrnsfrsExemptNonCharRelatedOrg>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
      <FiledScheduleA>true</FiledScheduleA>
    </IRS990EZ>
    <IRS990ScheduleA documentId="RetDoc2">
      <PubliclySupportedOrg170b1Avi>X</PubliclySupportedOrg170b1Avi>
      <GiftsGrantsContribReceived170>
        <CurrentTaxYearMinus4Years>54101</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>69921</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>61340</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>55552</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>36209</CurrentTaxYear>
        <Total>277123</Total>
      </GiftsGrantsContribReceived170>
      <Total170>
        <CurrentTaxYearMinus4Years>54101</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>69921</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>61340</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>55552</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>36209</CurrentTaxYear>
        <Total>277123</Total>
      </Total170>
      <PublicSupportTotal170>277123</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <CurrentTaxYear>139</CurrentTaxYear>
        <Total>139</Total>
      </GrossInvestmentIncome170>
      <TotalSupport>277262</TotalSupport>
      <GrossReceiptsFromAdmissionsEtc>13832</GrossReceiptsFromAdmissionsEtc>
      <PublicSupportPertcentage170>0.99950</PublicSupportPertcentage170>
      <PublicSupportPertcentPriorYear>1.00000</PublicSupportPertcentPriorYear>
      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
    </IRS990ScheduleA>
    <IRS990ScheduleO documentId="RetDoc3">
      <GeneralExplanation>
        <Identifier>GRANTS AND SIMILAR AMTS PAID TO ORGANIZATIONS</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 10</ReturnReference>
        <Explanation>MUSCLE SHOALS BD OF EDUCATION AVALON AVENUE MUSCLE SHOALS, AL 35661 9,010 0 0 SCHOLARSHIPS AVALON AVENUE MUSCLE SHOALS, AL 35661 13,200 0 0</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER EXPENSES</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 16</ReturnReference>
        <Explanation>MISC FUNDRAISERS FUNDRAISING EXPENSES 2,038 EXPENSES 1,655 BANK CHARGES 28 MILEAGE EXPENSE 1,145 POSTAGE 79 SUPPLIES 688 1,060 EDUCATION CLASSES 1,813 TOTAL 8,506</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER LIABILITIES</Identifier>
        <ReturnReference>FORM 990-EZ, PART II, LINE 26</ReturnReference>
        <Explanation>ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,667 2,656</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <CompensationExplanation documentId="RetDoc1">
      <Compensation>
        <PersonName>SHANE WHITEHEAD DENISTRY</PersonName>
      </Compensation>
      <Compensation>
        <BusinessName>
          <BusinessNameLine1>SCOTT COOPER</BusinessNameLine1>
        </BusinessName>
      </Compensation>
      <Compensation>
        <PersonName>CAROL HAYES</PersonName>
      </Compensation>
      <Compensation>
        <BusinessName>
          <BusinessNameLine1>MUSCLE SHOALS SCHOOLS</BusinessNameLine1>
          <BusinessNameLine2>SHENTTA SMITH</BusinessNameLine2>
        </BusinessName>
      </Compensation>
    </CompensationExplanation>
  </ReturnData>
</Return>