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      <Form990PartVIISectionA>
        <NamePerson>George G Flowers</NamePerson>
        <Title>Chairman</Title>
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        <NamePerson>Abbott Turner</NamePerson>
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        <NamePerson>Bryan Helms</NamePerson>
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        <OtherCompensation>9331</OtherCompensation>
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      <TotalReportableCompFromOrg>247100</TotalReportableCompFromOrg>
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      <NumberIndividualsGT100K>1</NumberIndividualsGT100K>
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      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>Aramark Services Inc</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>PO Box 198532</AddressLine1>
            <City>Atlanta</City>
            <State>GA</State>
            <ZIPCode>30384</ZIPCode>
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        </AddressOfContractor>
        <DescriptionOfServices>Food Services</DescriptionOfServices>
        <Compensation>624058</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>Colquitt Cleaning LLC</BusinessNameLine1>
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        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>PO Box 2881</AddressLine1>
            <City>Valdosta</City>
            <State>GA</State>
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        </AddressOfContractor>
        <DescriptionOfServices>Janitorial &amp; Maintenance</DescriptionOfServices>
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      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>Donald Meyers Consulting</BusinessNameLine1>
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        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>1028 Beachview Drive 2</AddressLine1>
            <City>St Simons Island</City>
            <State>GA</State>
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        </AddressOfContractor>
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        <Description>Tuition</Description>
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      <ProgramServiceRevenue>
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        <Securities>164608</Securities>
      </LessCostOthBasisSalesExpenses>
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      <GrantsToDomesticIndividuals>
        <Total>1740836</Total>
        <ProgramServices>1740836</ProgramServices>
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      <CompCurrentOfficersDirectors>
        <Total>247100</Total>
        <ProgramServices>247100</ProgramServices>
      </CompCurrentOfficersDirectors>
      <OtherSalariesAndWages>
        <Total>3030115</Total>
        <ProgramServices>3030115</ProgramServices>
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      <PensionPlanContributions>
        <Total>108245</Total>
        <ProgramServices>108245</ProgramServices>
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      <OtherEmployeeBenefits>
        <Total>187235</Total>
        <ProgramServices>175162</ProgramServices>
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      <PayrollTaxes>
        <Total>186539</Total>
        <ProgramServices>176087</ProgramServices>
        <ManagementAndGeneral>10452</ManagementAndGeneral>
      </PayrollTaxes>
      <FeesForServicesLegal>
        <Total>54315</Total>
        <ManagementAndGeneral>54315</ManagementAndGeneral>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>48277</Total>
        <ProgramServices>11211</ProgramServices>
        <ManagementAndGeneral>37066</ManagementAndGeneral>
      </FeesForServicesAccounting>
      <OfficeExpenses>
        <Total>1406920</Total>
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      </OfficeExpenses>
      <Travel>
        <Total>229008</Total>
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        <ManagementAndGeneral>16222</ManagementAndGeneral>
        <Fundraising>4646</Fundraising>
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      <ConferencesMeetings>
        <Total>95152</Total>
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        <ManagementAndGeneral>15586</ManagementAndGeneral>
        <Fundraising>461</Fundraising>
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        <Total>550084</Total>
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        <ManagementAndGeneral>40592</ManagementAndGeneral>
      </DepreciationDepletion>
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        <Description>Contracted Services</Description>
        <Total>923314</Total>
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      <OtherExpenses>
        <Description>Other</Description>
        <Total>267809</Total>
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      <OtherExpenses>
        <Description>Grant Program Expenses</Description>
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        <ProgramServices>132045</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Investment Mgmt Fees</Description>
        <Total>62648</Total>
        <ProgramServices>100</ProgramServices>
        <ManagementAndGeneral>62548</ManagementAndGeneral>
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      <OtherExpenses>
        <Description>Dues</Description>
        <Total>39799</Total>
        <ProgramServices>37728</ProgramServices>
        <ManagementAndGeneral>2071</ManagementAndGeneral>
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      <AllOtherExpenses>
        <Total>131603</Total>
        <ProgramServices>96541</ProgramServices>
        <ManagementAndGeneral>35062</ManagementAndGeneral>
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      <TotalFunctionalExpenses>
        <Total>9441044</Total>
        <ProgramServices>7960651</ProgramServices>
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      <CashNonInterestBearing>
        <BOY>859805</BOY>
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      <PledgesAndGrantsReceivable>
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      <AccountsReceivable>
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      <LandBuildingsEquipmentBasisNet>
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        <EOY>79392</EOY>
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      <TotalAssets>
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      <TotalLiabilities>
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      <FollowSFAS117>X</FollowSFAS117>
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      <PermanentlyRestrictedNetAssets>
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      <TotalNetAssetsFundBalances>
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      <TotalLiabNetAssetsFundBalances>
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      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>-178046</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>1057452</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
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      <OtherLiabilities>
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      <Form990ScheduleDPartXIV>
        <Identifier>Description of Intended Use of Endowment Funds:</Identifier>
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        <Explanation>To support the College's activities and fund growth as determined by the Board of Trustees</Explanation>
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        <Explanation>Tuition Assistance</Explanation>
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      <Form990ScheduleDPartXIV>
        <Identifier>Part XIII, Line 4b - Other Adjustments:</Identifier>
        <Explanation>Tuition Assistance</Explanation>
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        <Explanation>Via advertisements in local news media, in all college admissions material, and in the college catalog.</Explanation>
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      <Form990ScheduleEPartII>
        <Identifier>Explanation of Government Financial Assistance</Identifier>
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        <Explanation>College receives governmental funding under the Federal Student Financial Aid programs.</Explanation>
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          <BusinessNameLine1>Donald Myers Consulting</BusinessNameLine1>
        </NameOfOrganization>
        <AddressUS>
          <AddressLine1>1028 Beachview Drive 2</AddressLine1>
          <City>St Simons Island</City>
          <State>GA</State>
          <ZIPCode>31522</ZIPCode>
        </AddressUS>
        <Activity>Planning and Consulting</Activity>
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      </FundraiserActivityInformation>
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      <Form990ScheduleIPartIII>
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        <AmountOfCashGrant>1740836</AmountOfCashGrant>
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      <Form990ScheduleIPartIV>
        <Identifier>Procedure for Monitoring Grants in the U.S.:</Identifier>
        <ReturnReference>Part I, Line 2:</ReturnReference>
        <Explanation>Schedule I, Part I, Line 2: The school applies the monies granted to students for tuition directly to tuition costs.</Explanation>
      </Form990ScheduleIPartIV>
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      </Form990ScheduleJPartII>
      <Form990ScheduleJPartIII>
        <ReturnReference>Part I, Line 1a</ReturnReference>
        <Explanation>The College owns a house on campus where the President resides.</Explanation>
      </Form990ScheduleJPartIII>
    </IRS990ScheduleJ>
    <IRS990ScheduleM documentId="RetDoc1042900001">
      <SecuritiesPubliclyTraded>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>6</NumberOfContributions>
        <NoncashContribsRptdF990>66100</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>Fair Market Value</MethodOfDeterminingRevenues>
      </SecuritiesPubliclyTraded>
      <AnyPropertyThatMustBeHeld>0</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>0</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>0</ThirdPartiesUsed>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section B, line 11</Identifier>
        <Explanation>The 990 was provided in pdf format to all directors for their review prior to filing.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>Form 990, Part VI, Section B, line 12c</ReturnReference>
        <Explanation>The organization consistently monitors compliance with this policy by distributing the policy handbook to all employees and Trustees annually.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>Form 990, Part VI, Section B, line 15</ReturnReference>
        <Explanation>The President's compensation is determined by the Executive Committee of the Board of Trustees annually.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>Form 990, Part VI, Section C, line 19</ReturnReference>
        <Explanation>The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Changes in Net Assets or Fund Balances:</Identifier>
        <ReturnReference>Form 990, Part XI, line 5:</ReturnReference>
        <Explanation>Net unrealized gains on investments: 1,057,452.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>