2015-02-09T16:00:52-06:00 2014-06-30 SMITH & HOWARD PC 271 17TH STREET SUITE 1600 ATLANTA GA 30363 990 2013-07-01 581224983 WHITEFIELD ACADEMY INC % MICHELLE DURRETT WHIT 6783053000 1 WHITEFIELD DRIVE Suite MABLETON GA 30126 KEVIN BRACHER HEADMASTER 6783053000 2014-02-15 true MARC AZAR P00746804 6783053000 2013 2016-02-25 16:41:14Z MICHELLE DURRETT 1 WHITEFIELD DRIVE MABLETON GA 30126 14440960 false X http://www.whitefieldacademy.com X 1974 GA A CHRIST-CENTERED SCHOOL THAT BOLSTERS CHRISTIAN FAMILIES WITH A PASSION FOR LEARNING. THE SCHOOL REQUIRES ACADEMIC EXCELLENCE BASED IN EVANGELICAL CHRISTIANITY. 15 15 180 50 5200 1732243 942663 11929276 13091177 103524 117425 129515 156142 13894558 14307407 1290250 1692654 0 0 6341041 6594591 0 31430 562207 5462003 5384336 13093294 13703011 801264 604396 49842104 51333824 22199048 22995918 27643056 28337906 X WHITEFIELD ACADEMY IS A CHRIST-CENTERED COLLEGE PREPARATORY SCHOOL THAT BOLSTERS CHRISTIAN FAMILIES IN REARING YOUNG PEOPLE WHO GO ON TO COLLEGE AND LIFE WITH A PASSION FOR LEARNING, FOR OTHERS AHEAD OF SELF, AND FOR THE LIVING AND ACTIVE JESUS. WHITEFIELD ACADEMY OPERATES PRE-KINDERGARTEN THROUGH HIGH SCHOOL WITH TIME-TESTED PRACTICES AND QUALITIES OF A TOP PREP SCHOOL. THE SCHOOL REQUIRES ACADEMIC EXCELLENCE WITHOUT EXCUSE BASED IN EVANGELICAL CHRISTIANITY WITHOUT APOLOGY. THE SCHOOL BUILDS A STRONG SENSE OF COMMUNITY THROUGH RESPONSIBILITY AND INITIATIVE WITHOUT MANIPULATION OR COERCION. false false 611710 10883970 1692654 13498297 THE WHITEFIELD EDUCATIONAL PROGRAM INCLUDES THE TRADITIONAL ACADEMIC DISCIPLINES AS WELL AS RELIGIOUS STUDIES, SPORTS, THEATER, ART, AND COMMUNITY SERVICE. WE ACCEPT STUDENTS FROM ALL CHRISTIAN DENOMINATIONS WHO WISH TO JOIN OTHER CHRISTIAN BELIEVERS IN PROVIDING CHILDREN THE FINEST CHRIST-CENTERED PREPARATORY SCHOOL EDUCATION. ENROLLMENT 687, PK4-12. 10883970 true true false false false false false false false true true false false false true true true false true false false false false true false false false false true true false false false false true false false false true false false false false false false false false true 88 1 true 180 true true true false false false false true true false false false false X 15 15 false false false false false false false true false false false true true true true true true true false false GA X MICHELLE DURRETT 6783053024 1 WHITEFIELD DRIVE MABLETON GA 30126 X W Allen Bell TRUSTEE 1.0 X 0 0 0 Jason Bilotti Vice Chair 1.0 X 0 0 0 Marsha Burke Chair 1.0 X 0 0 0 Rocky Butler TRUSTEE 1.0 X 0 0 0 Wallace Francis TRUSTEE 1.0 X 0 0 0 Bill Gaston TRUSTEE 1.0 X 0 0 0 Margaret Hamilton Trustee 1.0 X 0 0 0 Hunter Holliday TRUSTEE 1.0 X 0 0 0 Daryl Jones Trustee 1.0 X 0 0 0 Laurel Lemasters TRUSTEE 1.0 X 0 0 0 Valeria MacPhail TRUSTEE 1.0 X 0 0 0 Leslie Pearce Trustee 1.0 X 0 0 0 Terry Shilling TRUSTEE 1.0 X 0 0 0 Allen Thomas Treasurer 1.0 X 0 0 0 Jonathan Youssef Trustee 1.0 X 0 0 0 Terena Washington Trustee 1.0 X 0 0 0 Kevin Bracher President/Headmaster 40.0 X 175671 93347 Michelle Durrett Director of Business Affairs 40.0 X 143950 10976 John Lindsell Headmaster 40.0 X 159803 1155 Thomas Wood Director of Advancement 40.0 X 137160 0 35213 616584 0 140691 4 false true false Sage Dining Services 222 Bosley Avenue TOWSON MD 21204 Food & Catering 697274 Info Tank 34 Lake Latimer Drive KENNESAW GA 30144 Info Technology Svcs 270790 C D Marketing 1400 Bridle Path Drive LAWRENCEVILLE GA 30045 Janitorial 194800 3 X 942663 90294 942663 ACADEMIC PROGRAM 611710 12443455 12443455 FOOD & BUS SERVICES 711210 434740 434740 CLUB CUB 711210 172389 172389 ATHLETIC PROGRAM & SUMMER CAMP 611600 40593 40593 13091177 116582 116582 0 0 3650 3650 0 3650 3650 1349 506 843 843 843 0 0 7773 -7773 -7773 0 0 190140 125274 64866 64866 BOOSTER CLUB 900099 65533 65533 MISCELLANEOUS 900099 16047 16047 YEARBOOK 511130 13752 1550 12202 67 67 95399 14307407 13156043 5200 203501 0 1692654 1692654 0 0 585361 446880 115958 22523 0 5047795 3838595 1006721 202479 197362 142101 47367 7894 358096 286768 59989 11339 405977 308543 81195 16239 0 71068 71068 69524 39917 29607 0 31430 31430 17638 17638 378045 302436 56707 18902 189896 94948 94948 170964 130027 40937 359913 287930 61272 10711 0 818848 655078 122830 40940 0 0 0 155659 155659 0 1222481 977985 183372 61124 116484 96682 15143 4659 FOOD SERVICE 628523 628523 ATHLETICS 208180 208180 DEVELOPMENT OFFICE 128780 128780 TUTORING 105673 105673 742660 641050 96423 5187 13703011 10883970 2256834 562207 X 3961183 6933550 3111121 2325534 2073411 1171100 5593069 5994851 0 0 0 0 0 0 83229 90146 189207 190158 41429370 11581800 30739160 29847570 4091724 4718716 0 0 0 0 0 0 0 62199 49842104 51333824 585257 725669 0 0 10620322 11970249 0 0 0 0 0 0 10300000 10300000 0 0 693469 0 22199048 22995918 X 26040524 26386140 554832 633658 1047700 1318108 27643056 28337906 49842104 51333824 X 604396 150454 -60000 X false true X true false X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1073572 270408 129109 38554 1434535 1038619 200 72874 38121 1073572 1068368 500 8066 38315 1038619 970709 500 136039 38880 1068368 889758 121235 40284 970709 0.90368 0.09632 false false 5076782 5076782 33005964 8818488 24187476 625389 369655 255734 2548723 2244089 304634 172512 149568 22944 29847570 0 CONSTRUCTION LOAN 0 0 X 12872845 150454 125274 275728 12597117 17636 1692654 1710290 14307407 12177995 125274 125274 12052721 17636 1632654 1650290 13703011 Schedule D, Part V, Line 2a, 2b, & 2c Actual Endowment Funds estimated percentage of the year end balance held as: A: board designated or quasi-endowment: -1.5158% B: permanent endowment: 91.8840% C: term endowment: 9.6318% Schedule D, Part X, Line 2 The Academy is recognized as an organization exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code (the "Code"). Only unrelated business income, as defined by Section 512(a)(1) of the Code is subject to income taxes. The Academy's unrelated business income is not significant. The Academy annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the academy takes meet the definition of an uncertain tax position under the income taxes topic of the financial accounting standards cofification. In general, the Academy is no longer subject to tax examinations for the tax years ending June 30, 2011. Schedule D, Part XI, Line 2d RECONCILIATION OF EXP PER AUDITED FINANCIAL STATEMENTS WITH EXP PER RETURN Cost of Goods Sold for Campus store: $125,274 Schedule D, Part XI, Line 4b Reconciliation of Rev per Audited Financial Statments with Rev per Return Grants netted on financials w/ tuition expense: $1,692,654 Schedule D, Part XII, Line 2d Reconciliation of Exp per Audited Financial Statments with Exp per Return Cost of Goods Sold for Campus store: $125,274 Schedule D, Part XII, Line 4b Reconciliation of Exp per Audited Financial Statments with Exp per Return Grants netted on financials w/ tuition expense: $1,692,654 Prior period adjustment related to Uncollectible tuition & pledges: (60,000) ------------- Total $1,632,652 Schedule D, Part XIII Supplemental Information WHITEFIELD ACADEMY HAS ENDOWMENT ACCOUNTS ESTABLISHED TO PRIMARILY AWARD FINANCIAL ASSISTANCE SCHOLARSHIPS TO MINORITY STUDENTS WHOSE FAMILIES DEMONSTRATE ECONOMIC NEED. OTHER ENDOWED SCHOLARSHIPS ARE FOR AWARDING STUDENTS WHO MEET CERTAIN SERVICE REQUIREMENTS, FOR AWARDING AND RETAINING TOP FACULTY, AND FOR ENHANCING THE LIBRARIES OF THE SCHOOL. THE AMOUNT FOR FY 2014 IS $45,152. true true true true true true true false false false false false false false false false false true Part I, Line 3 The racially nondiscriminatory policy is published in admissions materials, enrollment contracts and on the website. X X X X true COXE CURRY ASSOCIATES FEASIBILITY STUDY false 31430 31430 GA 1 Whitefield Drive Mableton GA 30126 true TUITION ASSISTANCE 158 1692654 Book Tuition SCHEDULE I, PART I, Line 2 TUITION ASSISTANCE IS GRANTED TO STUDENTS BASED ON CALCULATED NEED. A THIRD PARTY PROVIDER PROCESSES THE APPLICATIONS, AND PROVIDES THE SCHOOL WITH AN ASSESSMENT OF THE FAMILY'S ABILITY TO PAY TUITION. THE SCHOOL EXAMINES TAX RETURNS AND OTHER SUPPLEMENTAL INFORMATION ALONG WITH THE INDEPENDENT ASSESSMENT AND ALLOCATES THE AVAILABLE AID BASED ON THE CALCULATED NEEDS. X X X X X false false false false false false false false false Kevin Bracher President/Headmaster 175671 0 0 8973 84647 269291 Michelle Durrett Director of Business Affairs 143950 0 0 7206 3930 155086 John Lindsell Headmaster 23183 0 136620 569 612 160984 Thomas Wood Director of Advancement 137160 0 0 0 7206 28316 172682 0 Schedule J, Part II, (D) nontaxable benefits Nontaxable benefits includes tuition assistance. Schedule J, Part II, (B)(iii) Other Reportable Compensation Other reportable compensation is severance pay. 72400 TUITION ASSISTANCE X 9 90294 FMV false true true Schedule M, Part I, Line 9 Number of contributions based on contributions received. Schedule M, Part I, Line 32b WHEN STOCK CONTRIBUTIONS ARE RECEIVED BY THE SCHOOL, CHARLES SCHWAB IMMEDIATELY SELLS THE STOCK. Part VI, Section A, Line 8 MINUTES ARE TAKEN FOR THE GOVERNING BODY, BUT NOT CONSISTENTLY FOR COMMITTEES OF THE BOARD. Part VI, Section A, Line 9 ALL TRUSTEES, DIRECTORS AND KEY EMPLOYEES CAN BE CONTACTED THROUGH THE ORGANIZATION'S ADDRESS AS STATED ON THE FIRST PAGE OF FORM 990. Part VI, Section B, Line 11 THE FINANCE COMMITTEE REVIEWED AND APPROVED THE 990. THE FINAL VERSION WAS DISTRIBUTED BY EMAIL IN PDF FORMAT TO THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. Part VI, Section B, Line 12c The conflict of interest policy is monitored by the governing board annually. All Board members are required to disclose any conflicts of interest. All conflicts are discussed by the governing board. Part VI, Section B, Line 15a A HEADMASTER SEARCH COMMITTEE REVIEWS OTHER ORGANIZATIONS' FORMS 990 TO DETERMINE THE COMPENSATION FOR THE NEW HEADMASATER. THIS PROCESS IS OUTLINED IN THE HEADMASTER'S EMPLOYMENT CONTRACT. THE BOARD REVIEWS THE HEADMASTER'S PERFORMANCE ANNUALLY TO DETERMINE WHETHER A MERIT OR COLA INCREASE IS IN ORDER. Part VI, Section B, Line 15b BOARD OFFICERS ARE NOT COMPENSATED. COMPENSATION FOR KEY EMPLOYEES OTHER THAN THE HEADMASTER WAS INITIALLY SET BASED ON COMPARABLE MARKET STATISTICS, AND IS EVALUATED ANNUALLY BY THE HEADMASTER RELATIVE TO COMPARABLE ORGANIZATIONS AND POSITIONS. Part VI, Section C, Line 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, POLICIES OR FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. THE 990 AND 1023 IS AVAILABLE UPON REQUEST.