CONTROLLER AND BUSINESS MANAGER

2013-05-15T09:38:10-05:00 2012-06-30 721396621 CARR RIGGS & INGRAM LLC 7550 HALCYON SUMMIT DRIVE MONTGOMERY AL 36117 990 2011-07-01 630366280 THE SAINT JAMES SCHOOL SAIN 3342778033 6010 VAUGHN ROAD MONTGOMERY AL 36116 BILL FURR CONTROLLER AND BUSINESS MANAGER 3342778033 2013-05-13 1 PHYLLIS S INGRAM CPA P00837269 3342716678 2013-05-13 2011 2016-02-24 21:20:13Z BILL FURR 6010 VAUGHN ROAD MONTGOMERY AL 36116 9992146 0 X N/A X SCHOOL 1970 AL COLLEGE PREPARATORY SCHOOL. 18 18 198 75 0 0 304267 244214 8968327 8903951 67861 76624 118511 111816 9458966 9336605 0 0 0 0 6282309 6488817 0 0 0 3256120 3380764 9538429 9869581 -79463 -532976 18946494 18577647 8978497 9358746 9967997 9218901 COLLEGE PREPARATORY SCHOOL 0 0 7962030 9009267 SAINT JAMES SCHOOL IS AN INDEPENDENT, NON-SECTARIAN, COLLEGE PREPARATORY SCHOOL WITH A STUDENT BODY BROADLY REPRESENTATIVE OF COLLEGE-BOUND STUDENTS. THE SCHOOL IS COMMITTED TO CHALLENGING AND ASSISTING STUDENTS IN REALIZING THEIR INDIVIDUAL POTENTIAL AND PREPARING THEM FOR LIVES OF RESPONSIBILITY, SERVICE, AND ACHIEVEMENT. THE SCHOOL SERVES APPROXIMATELY 950 STUDENTS IN GRADES PRE-KINDERGARTEN THROUGH TWELFTH. ALMOST ALL PARENTS VOLUNTEER IN SOME SCHOOL ACTIVITY DURING THE SCHOOL YEAR. 7962030 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 47 0 198 1 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 0 1 0 0 0 0 1 1 1 0 0 1 0 0 X WILLIAM F FURR 3342778033 6010 VAUGHN ROAD MONTGOMERY AL 36116 RAGAN INGRAM CHAIRMAN 0.00 X X 0 0 0 BILLY LIVINGS VICE CHAIRMAN 0.00 X X 0 0 0 CHUCK RICHARDSON BOARD MEMBER 0.00 X 0 0 0 LT COL KELLI POHLMAN BOARD MEMBER 0.00 X 0 0 0 MONET GAINES BOARD MEMBER 0.00 X 0 0 0 TAYLOR BLACKWELL BOARD MEMBER 0.00 X 0 0 0 CYNTHIA BISBEE PHD BOARD MEMBER 0.00 X 0 0 0 BURT SMITHART BOARD MEMBER 0.00 X 0 0 0 FRANK WOODSON BOARD MEMBER 0.00 X 0 0 0 GEORGE KENT BOARD MEMBER 0.00 X 0 0 0 TED BRIDGES BOARD MEMBER 0.00 X 0 0 0 BETH POE BOARD MEMBER 0.00 X 0 0 0 JAMIE LOEB BOARD MEMBER 0.00 X 0 0 0 MICHELLE PARKS BOARD MEMBER 0.00 X 0 0 0 HELENA DUNCAN BOARD MEMBER 0.00 X 0 0 0 SONNY BRASFIELD BOARD MEMBER 0.00 X 0 0 0 GIP MEADOWS BOARD MEMBER 0.00 X 0 0 0 JAMES DICKENS BOARD MEMBER 0.00 X 0 0 0 MELBA RICHARDSON EMPLOYEE 40.00 X 175018 0 13438 WILLIAM FURR EMPLOYEE 40.00 X 86749 0 5205 GERALD BROWNING EMPLOYEE 40.00 X 81183 0 8016 JOHN TATUM EMPLOYEE 40.00 X 75878 0 4553 SUSAN ATKINS EMPLOYEE 40.00 X 62641 0 6903 481469 0 38115 1 0 1 0 KINGS TABLE CATERING 6100 VAUGHN ROAD MONTGOMERY AL 36116 SCHOOL LUNCH PROGRAM, SPECIAL EVENTS 117153 CAPITAL CONTRACTORS INC 88 DURYEA ROAD MELVILLE NY 11747 JANITORIAL SERVICES 103575 2 244214 244214 TUITION, NET OF DISCOU 611600 7708192 7708192 EXTENDED DAY, LUNCH, A 611600 618437 618437 REGISTRATION, ENROLLME 611600 368770 368770 MISCELLANEOUS PROGRAMS 611600 208552 208552 8903951 35424 35424 6500 0 6500 6500 6500 684191 12550 650224 5317 33967 7233 41200 41200 ANCILLARY ORGANIZATION 611600 105316 105316 105316 9336605 9015767 0 76624 547924 6104 541820 5159337 4762100 397237 277039 258448 18591 92186 92186 412331 348854 63477 4620 4620 22693 22693 62251 62251 69932 69932 72235 47078 25157 97995 97995 548490 483304 65186 52877 37197 15680 312275 312275 1069692 950837 118855 102590 72458 30132 DEPARTMENTAL EXPENSES 428006 428006 AUXILLARY PROGRAMS 372334 372334 MISCELLANEOUS 109943 7557 102386 PTO EXPENSE 33316 33316 21515 21515 9869581 7962030 1907551 0 1668668 1896308 1940420 1790063 30133 0 45283 18869 29578 25370 27612781 12765744 15232412 14847037 18946494 18577647 341881 399473 1355803 1575621 6989202 6955671 291611 427981 8978497 9358746 X 9199524 8554655 293908 184296 474565 479950 9967997 9218901 18946494 18577647 X -532976 -216120 X 0 1 0 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 1960451 -44324 1916127 1655149 305302 1960451 1481215 173934 1655149 1713871 -232656 1481215 0 0 2427164 2427164 22324947 10592467 11732480 2860670 2173277 687393 14847037 INTEREST RATE SWAP AT FAIR VALUE 427981 427981 9336605 9869581 -532976 -216120 -216120 -749096 9120485 -216120 -216120 9336605 0 9336605 9869581 0 9869581 0 9869581 PART III, LINE 4: OIL PAINTINGS BY BARBARA GALLAGHER AND OTHER ARTISTS SERVE TO HIGHLIGHT AND ENHANCE STUDENTS' ART EDUCATION. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT CONSISTS OF TWO PARTS: THE G. STANLEY FRAZER GENERAL ENDOWMENT AND THE SAINT JAMES SCHOOL SCHOLARSHIP ENDOWMENT. THE GENERAL ENDOWMENT SUPPORTS SCHOOL PROGRAMS AND SPECIAL PROJECTS DESIGNATED BY THE BOARD OF DIRECTORS. THE SCHOLARSHIP ENDOWMENT PROVIDES SCHOLARSHIPS TO DESERVING STUDENTS WHO MIGHT NOT OTHERWISE BE ABLE TO AFFORD A SAINT JAMES SCHOOL EDUCATION. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL ADOPTED THE PROVISIONS OF FASB ASC (ACCOUNTING STANDARDS CODIFICATION) NO. 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ON JULY 1, 2009. AS A RESULT OF THE IMPLEMENTATION OF ASC NO. 740, THE SCHOOL HAS NOT RECOGNIZED ANY RESPECTIVE LIABILITY FOR UNRECOGNIZED TAX BENEFITS AS IT HAS NO KNOWN TAX POSITIONS THAT WOULD SUBJECT THE SCHOOL TO ANY MATERIAL INCOME TAX EXPOSURE. THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION ARE THE YEARS ENDED JUNE 30, 2007 THROUGH 2011 FOR ALL MAJOR TAX JURISDICTIONS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 NEWSPAPER ADVERTISEMENT FOLLOWING REQUIREMENT OF REVENUE PROC. #75-50 EXPLANATION OF DOCUMENT RETENTION SCHEDULE E, PART I, LINE 4 N/A EXPLANATION OF RACIAL DISCRIMINATION SCHEDULE E, PART I, LINE 5 N/A X 0 1 X 0 0 0 0 0 0 0 0 0 MELBA RICHARDSON 175018 0 0 0 0 0 10501 0 2937 0 188456 0 0 0 PART I, LINE 1B THE ORGANIZATION DOES NOT HAVE A WRITTEN POLICY REGARDING PAYMENT OF SOCIAL CLUB DUES; HOWEVER, THESE PAYMENTS ARE BOARD APPROVED. FORM 990, PART VI, SECTION A, LINE 6 PARENTS AND GUARDIANS OF ENROLLED STUDENTS ARE MEMBERS OF THE ORGANIZATION, DURING THE PERIOD OF THEIR CHILD'S OR WARD'S ENROLLMENT, AND ANY NON-PARENT ELECTED TO THE BOARD OF DIRECTORS IS A MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE BOARD OF DIRECTORS ARE ELECTED BY MAJORITY VOTE OF THE ORGANIZATION'S MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B ALL BOARD MEETINGS ARE DOCUMENTED, BUT NOT ALL COMMITTEE MEETINGS ARE NECESSARILY DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S FORM 990 IS REVIEWED BY BOTH THE CONTROLLER AND HEADMASTER BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ANY KNOWN OR SUSPECTED CONFLICTS OF INTEREST ARE INVESTIGATED PROMPTLY BY THE BOARD OF DIRECTORS, AND APPROPRIATE ACTION IS TAKEN. FORM 990, PART VI, SECTION B, LINE 15A THE HEADMASTER'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. THE HEADMASTER DETERMINES COMPENSATION FOR ALL OTHER SCHOOL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE OR UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -216,120.