﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2009v1.7">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2011-04-05T13:25:06-05:00</Timestamp>
    <TaxPeriodEndDate>2010-05-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>LAMB &amp; BRASWELL LLC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>4120 ARKWRIGHT RD</AddressLine1>
        <City>MACON</City>
        <State>GA</State>
        <ZIPCode>312101707</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2009-06-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>580831002</EIN>
      <Name>
        <BusinessNameLine1>MACON INDEPENDENT SCHOOLS ASSOC INC</BusinessNameLine1>
      </Name>
      <NameControl>MACO</NameControl>
      <Phone>4784778073</Phone>
      <USAddress>
        <AddressLine1>6010 PEAKE ROAD</AddressLine1>
        <City>MACON</City>
        <State>GA</State>
        <ZIPCode>31220</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>ROBERT VETO</Name>
      <Title>HEADMASTER</Title>
      <Phone>4784778073</Phone>
      <DateSigned>2011-04-05</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>WILLIAM S LAMB CPA</Name>
      <Phone>4784718488</Phone>
      <DatePrepared>2011-04-05</DatePrepared>
    </Preparer>
    <TaxYear>2009</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="8">
    <IRS990 documentId="RetDoc5" referenceDocumentId="RetDoc9">
      <NameOfPrincipalOfficerPerson>ROBERT VETO</NameOfPrincipalOfficerPerson>
      <AddressPrincipalOfficerUS>
        <AddressLine1>6010 PEAKE ROAD</AddressLine1>
        <City>MACON</City>
        <State>GA</State>
        <ZIPCode>31220</ZIPCode>
      </AddressPrincipalOfficerUS>
      <GrossReceipts>13054987</GrossReceipts>
      <GroupReturnForAffiliates>false</GroupReturnForAffiliates>
      <Organization501c typeOf501cOrganization="3">X</Organization501c>
      <WebSite>WWW.STRATFORD.ORG</WebSite>
      <TypeOfOrganizationCorporation>X</TypeOfOrganizationCorporation>
      <YearFormation>1963</YearFormation>
      <ActivityOrMissionDescription>STRATFORD ACADEMY IS AN INDEPENDENT, NON-SECTARIAN, COLLEGE PREPARATORY SCHOOL FOR STUDENTS IN PRE-KINDERGARTEN THROUGH GRADE TWELVE. GUIDED BY THE MOTTO, "FREEDOM FOR EXCELLENCE", STRATFORD PROVIDES A SUPERIOR EDUCATION FOR STUDENTS WITH DIVERSE BACKGROUNDS AND TALENTS AND DEVELOPS RESPONSIBLE, ETHICAL, LIFE-LONG LEARNERS. IN PARTNERSHIP WITH FAMILIES, STUDENTS, AND FACULTY, STRATFORD - PROVIDES OPPORTUNITIES FOR STUDENTS TO DEVELOP THEIR INDIVIDUAL ABILITIES AND SKILLS WITHIN THE CONTEXT OF A RIGOROUS CURRICULUM. - BUILDS CHARACTER AND INTEGRITY BY OFFERING STUDENTS A VARIETY OF ETHICAL AND CULTURAL PERSPECTIVES THROUGH THE CURRICULUM AND SERVICE TO THE SCHOOL AND COMMUNITY. - ENCOURAGES STUDENTS TO ENGAGE IN A WIDE RANGE OF ACADEMIC, ATHLETIC, FINE ARTS, AND SERVICE-RELATED ACTIVITIES. - INSPIRES LEADERSHIP AND PREPARES STUDENTS FOR RESPONSIBLE STEWARDSHIP AND CITIZENSHIP.</ActivityOrMissionDescription>
      <NbrVotingMembersGoverningBody>26</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>26</NbrIndependentVotingMembers>
      <TotalNbrEmployees>207</TotalNbrEmployees>
      <TotalNbrVolunteers>75100</TotalNbrVolunteers>
      <TotalGrossUBI>0</TotalGrossUBI>
      <ContributionsGrantsPriorYear>1225575</ContributionsGrantsPriorYear>
      <ContributionsGrantsCurrentYear>1599864</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenuePriorYear>9439480</ProgramServiceRevenuePriorYear>
      <ProgramServiceRevenueCY>9972471</ProgramServiceRevenueCY>
      <InvestmentIncomePriorYear>-29454</InvestmentIncomePriorYear>
      <InvestmentIncomeCurrentYear>84525</InvestmentIncomeCurrentYear>
      <OtherRevenueCurrentYear>0</OtherRevenueCurrentYear>
      <TotalRevenuePriorYear>10635601</TotalRevenuePriorYear>
      <TotalRevenueCurrentYear>11656860</TotalRevenueCurrentYear>
      <GrantsAndSimilarAmntsCY>0</GrantsAndSimilarAmntsCY>
      <BenefitsPaidToMembersCY>0</BenefitsPaidToMembersCY>
      <SalariesEtcPriorYear>6944019</SalariesEtcPriorYear>
      <SalariesEtcCurrentYear>7071074</SalariesEtcCurrentYear>
      <TotalProfFundrsngExpCY>0</TotalProfFundrsngExpCY>
      <TotalFundrsngExpCurrentYear>0</TotalFundrsngExpCurrentYear>
      <OtherExpensePriorYear>2872386</OtherExpensePriorYear>
      <OtherExpensesCurrentYear>2888327</OtherExpensesCurrentYear>
      <TotalExpensesPriorYear>9816405</TotalExpensesPriorYear>
      <TotalExpensesCurrentYear>9959401</TotalExpensesCurrentYear>
      <RevenuesLessExpensesPriorYear>819196</RevenuesLessExpensesPriorYear>
      <RevenuesLessExpensesCY>1697459</RevenuesLessExpensesCY>
      <TotalAssetsBOY>14778587</TotalAssetsBOY>
      <TotalAssetsEOY>16526701</TotalAssetsEOY>
      <TotalLiabilitiesBOY>5460582</TotalLiabilitiesBOY>
      <TotalLiabilitiesEOY>5299597</TotalLiabilitiesEOY>
      <NetAssetsOrFundBalancesBOY>9318005</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>11227104</NetAssetsOrFundBalancesEOY>
      <MissionDescription>STRATFORD ACADEMY IS AN INDEPENDENT, NON-SECTARIAN, COLLEGE PREPARATORY SCHOOL FOR STUDENTS IN PRE-KINDERGARTEN THROUGH GRADE TWELVE. GUIDED BY THE MOTTO, "FREEDOM FOR EXCELLENCE", STRATFORD PROVIDES A SUPERIOR EDUCATION FOR STUDENTS WITH DIVERSE BACKGROUNDS AND TALENTS AND DEVELOPS RESPONSIBLE, ETHICAL, LIFE-LONG LEARNERS. IN PARTNERSHIP WITH FAMILIES, STUDENTS, AND FACULTY, STRATFORD - PROVIDES OPPORTUNITIES FOR STUDENTS TO DEVELOP THEIR INDIVIDUAL ABILITIES AND SKILLS WITHIN THE CONTEXT OF A RIGOROUS CURRICULUM. - BUILDS CHARACTER AND INTEGRITY BY OFFERING STUDENTS A VARIETY OF ETHICAL AND CULTURAL PERSPECTIVES THROUGH THE CURRICULUM AND SERVICE TO THE SCHOOL AND COMMUNITY. - ENCOURAGES STUDENTS TO ENGAGE IN A WIDE RANGE OF ACADEMIC, ATHLETIC, FINE ARTS, AND SERVICE-RELATED ACTIVITIES. - INSPIRES LEADERSHIP AND PREPARES STUDENTS FOR RESPONSIBLE STEWARDSHIP AND CITIZENSHIP.</MissionDescription>
      <SignificantNewProgramServices>false</SignificantNewProgramServices>
      <SignificantChange>false</SignificantChange>
      <Expense>6916741</Expense>
      <Description>THE ORGANIZATION PROVIDES A SUPERIOR EDUCATION FOR STUDENTS WITH DIVERSE BACKGROUNDS AND TALENTS AND DEVELOPS RESPONSIBLE, ETHICAL, LIFE-LONG LEARNERS. IN PARTNERSHIP WITH FAMILIES, STUDENTS, AND FACULTY, STRATFORD - PROVIDES OPPORTUNITIES FOR STUDENTS TO DEVELOP THEIR INDIVIDUAL ABILITIES AND SKILLS WITHIN THE CONTEXT OF A RIGOROUS CURRICULUM. - BUILDS CHARACTER AND INTEGRITY BY OFFERING STUDENTS A VARIETY OF ETHICAL AND CULTURAL PERSPECTIVES THROUGH THE CURRICULUM AND SERVICE TO THE SCHOOL AND COMMUNITY. - ENCOURAGES STUDENTS TO ENGAGE IN A WIDE RANGE OF ACADEMIC, ATHLETIC, FINE ARTS, AND SERVICE-RELATED ACTIVITIES. - INSPIRES LEADERSHIP AND PREPARES STUDENTS FOR RESPONSIBLE STEWARDSHIP AND CITIZENSHIP.</Description>
      <TotalProgramServiceExpense>6916741</TotalProgramServiceExpense>
      <DescribedIn501C3 referenceDocumentId="RetDoc3">true</DescribedIn501C3>
      <ScheduleBRequired referenceDocumentId="RetDoc1">true</ScheduleBRequired>
      <PoliticalActivities>false</PoliticalActivities>
      <LobbyingActivities>false</LobbyingActivities>
      <DonorAdvisedFunds referenceDocumentId="RetDoc4">false</DonorAdvisedFunds>
      <ConservationEasements referenceDocumentId="RetDoc4">false</ConservationEasements>
      <CollectionsOfArt referenceDocumentId="RetDoc4">false</CollectionsOfArt>
      <CreditCounseling referenceDocumentId="RetDoc4">false</CreditCounseling>
      <TermOrPermanentEndowments referenceDocumentId="RetDoc4">true</TermOrPermanentEndowments>
      <BalanceSheetAmountsReported referenceDocumentId="RetDoc4">true</BalanceSheetAmountsReported>
      <IndependentAuditFinancialStmt referenceDocumentId="RetDoc4">true</IndependentAuditFinancialStmt>
      <ConsolidatedAuditFinancialStmt referenceDocumentId="RetDoc4">false</ConsolidatedAuditFinancialStmt>
      <School referenceDocumentId="RetDoc6">true</School>
      <ForeignOffice>false</ForeignOffice>
      <ForeignActivities>false</ForeignActivities>
      <MoreThan5000KToOrganizations>false</MoreThan5000KToOrganizations>
      <MoreThan5000KToIndividuals>false</MoreThan5000KToIndividuals>
      <ProfessionalFundraising>false</ProfessionalFundraising>
      <FundraisingActivities>false</FundraisingActivities>
      <Gaming>false</Gaming>
      <Hospital>false</Hospital>
      <GrantsToOrganizations>false</GrantsToOrganizations>
      <GrantsToIndividuals>false</GrantsToIndividuals>
      <ScheduleJRequired referenceDocumentId="RetDoc7">true</ScheduleJRequired>
      <TaxExemptBonds>false</TaxExemptBonds>
      <ExcessBenefitTransaction>false</ExcessBenefitTransaction>
      <PriorExcessBenefitTransaction>false</PriorExcessBenefitTransaction>
      <LoanToOfficerOrDQP>false</LoanToOfficerOrDQP>
      <GrantToRelatedPerson>false</GrantToRelatedPerson>
      <BsnssRltnshpWithOrganization>false</BsnssRltnshpWithOrganization>
      <BsnssRltnshpThruFamilyMember>false</BsnssRltnshpThruFamilyMember>
      <OfficerEntityWithBsnssRltnshp>false</OfficerEntityWithBsnssRltnshp>
      <DeductibleNonCashContributions referenceDocumentId="RetDoc8">true</DeductibleNonCashContributions>
      <DeductibleContributionsOfArt referenceDocumentId="RetDoc8">false</DeductibleContributionsOfArt>
      <Terminated>false</Terminated>
      <PartialLiquidation>false</PartialLiquidation>
      <DisregardedEntity>false</DisregardedEntity>
      <RelatedEntity>false</RelatedEntity>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransfersToExemptNonChrtblOrg>false</TransfersToExemptNonChrtblOrg>
      <ActivitiesConductedPartnership>false</ActivitiesConductedPartnership>
      <ScheduleORequired>false</ScheduleORequired>
      <NumberFormsTransmittedWith1096>54</NumberFormsTransmittedWith1096>
      <NumberW2GIncluded>0</NumberW2GIncluded>
      <ComplianceWithBackupWitholding>false</ComplianceWithBackupWitholding>
      <NumberOfEmployees>207</NumberOfEmployees>
      <EmploymentTaxReturnsFiled>true</EmploymentTaxReturnsFiled>
      <UnrelatedBusinessIncome>false</UnrelatedBusinessIncome>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TaxablePartyNotification>false</TaxablePartyNotification>
      <NonDeductibleContributions>false</NonDeductibleContributions>
      <NbrVotingGoverningBodyMembers>26</NbrVotingGoverningBodyMembers>
      <NumberIndependentVotingMembers>26</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>false</FamilyOrBusinessRelationship>
      <DelegationOfManagementDuties>false</DelegationOfManagementDuties>
      <ChangesToOrganizingDocs>false</ChangesToOrganizingDocs>
      <MaterialDiversionOrMisuse>false</MaterialDiversionOrMisuse>
      <MembersOrStockholders>false</MembersOrStockholders>
      <ElectionOfBoardMembers>false</ElectionOfBoardMembers>
      <DecisionsSubjectToApproval>false</DecisionsSubjectToApproval>
      <MinutesOfGoverningBody>true</MinutesOfGoverningBody>
      <MinutesOfCommittees>true</MinutesOfCommittees>
      <OfficerMailingAddress>false</OfficerMailingAddress>
      <LocalChapters>false</LocalChapters>
      <Form990ProvidedToGoverningBody>true</Form990ProvidedToGoverningBody>
      <ConflictOfInterestPolicy>false</ConflictOfInterestPolicy>
      <WhistleblowerPolicy>false</WhistleblowerPolicy>
      <DocumentRetentionPolicy>true</DocumentRetentionPolicy>
      <CompensationProcessCEO>true</CompensationProcessCEO>
      <CompensationProcessOther>true</CompensationProcessOther>
      <InvestmentInJointVenture>false</InvestmentInJointVenture>
      <StatesWhereCopyOfReturnIsFiled>GA</StatesWhereCopyOfReturnIsFiled>
      <UponRequest>X</UponRequest>
      <TheBooksAreInCareOf>
        <NamePerson>MOLLYE L TREADWAY</NamePerson>
        <TelephoneNumber>4784778073</TelephoneNumber>
        <AddressUS>
          <AddressLine1>6010 PEAKE RD</AddressLine1>
          <City>MACON</City>
          <State>GA</State>
          <ZIPCode>31297</ZIPCode>
        </AddressUS>
      </TheBooksAreInCareOf>
      <NoListedPersonsCompensated>X</NoListedPersonsCompensated>
      <Form990PartVIISectionA>
        <NamePerson>JEFF AVANT</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ELLEN BUNKER</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>MALCOLM S BURGESS JR</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>GEORGE M BUTLER JR</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ELIZABETH CLARK</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JOHN COLE</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ASHLEY COPELAN</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JAMES H DAWS</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>KATHRYN H DENNIS</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>MARY ELLEN GROSSNICKLE</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>SARAH S HARRIS</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ROBBO HATCHER</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>RICHARD B HICKS</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ERIC HEFNER</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JAMES C HINSON SR</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JOHN P HOLMES III</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>CHARLES N KOPLIN</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>LEE LINEBERGER</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>EUGENE MADDUX</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>RICHARD P MAIER</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>WILLIAM F MONFORT JR</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>HENRY K OLINER</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>HEENA PATEL</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>VIRGINIA LANE SHERIDAN</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>CHARLES R SMITH</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>SUSAN S SLAPPEY</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DR ROBERT VETO</NamePerson>
        <Title>HEADMASTER</Title>
        <AverageHoursPerWeek>40.00</AverageHoursPerWeek>
        <KeyEmployee>X</KeyEmployee>
        <ReportableCompFromOrganization>182832</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <TotalReportableCompFromOrg>182832</TotalReportableCompFromOrg>
      <NumberIndividualsGT100K>1</NumberIndividualsGT100K>
      <FormersListed>false</FormersListed>
      <TotalCompGT150K>true</TotalCompGT150K>
      <CompensationFromOtherSources>false</CompensationFromOtherSources>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>UNITED HEALTHCARE</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <DescriptionOfServices>INSURANCE</DescriptionOfServices>
        <Compensation>669075</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>TIAACREF</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <DescriptionOfServices>RETIREMENT</DescriptionOfServices>
        <Compensation>536822</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>GEORGIA POWER CO</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>96 ANNEX</AddressLine1>
            <City>ATLANTA</City>
            <State>GA</State>
            <ZIPCode>30396</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>UTILITIES</DescriptionOfServices>
        <Compensation>266187</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>SOUTHEASTERN TENNIS COURTS INC</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>4260 WAYSIDE CT</AddressLine1>
            <City>LILBURN</City>
            <State>GA</State>
            <ZIPCode>30047</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>CONSTRUCTION</DescriptionOfServices>
        <Compensation>169413</Compensation>
      </ContractorCompensation>
      <NumberOfContractorsGT100K>4</NumberOfContractorsGT100K>
      <AllOtherContributions>1599864</AllOtherContributions>
      <NoncashContributions>88939</NoncashContributions>
      <TotalContributions>1599864</TotalContributions>
      <ProgramServiceRevenue>
        <Description>NET TUITION AND FEES</Description>
        <TotalRevenueColumn>9459528</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>9459528</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>STUDENT ACTIVITIES</Description>
        <TotalRevenueColumn>230993</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>230993</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>OTHER INCOME</Description>
        <TotalRevenueColumn>193438</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>193438</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>AUXILIARY SERVICES</Description>
        <TotalRevenueColumn>88512</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>88512</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>9972471</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>60614</TotalRevenueColumn>
        <ExclusionAmount>60614</ExclusionAmount>
      </InvestmentIncome>
      <GrossAmountSalesAssets>
        <Securities>1422038</Securities>
      </GrossAmountSalesAssets>
      <LessCostOthBasisSalesExpenses>
        <Securities>1398127</Securities>
      </LessCostOthBasisSalesExpenses>
      <GainOrLoss>
        <Securities>23911</Securities>
      </GainOrLoss>
      <NetGainOrLossInvestments>
        <TotalRevenueColumn>23911</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>23911</RelatedOrExemptFunctionIncome>
      </NetGainOrLossInvestments>
      <TotalRevenue>
        <TotalRevenueColumn>11656860</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>9996382</RelatedOrExemptFunctionIncome>
        <ExclusionAmount>60614</ExclusionAmount>
      </TotalRevenue>
      <OtherSalariesAndWages>
        <Total>5982996</Total>
        <ProgramServices>4521820</ProgramServices>
        <ManagementAndGeneral>1461176</ManagementAndGeneral>
      </OtherSalariesAndWages>
      <OtherEmployeeBenefits>
        <Total>663230</Total>
        <ManagementAndGeneral>663230</ManagementAndGeneral>
      </OtherEmployeeBenefits>
      <PayrollTaxes>
        <Total>424848</Total>
        <ProgramServices>327133</ProgramServices>
        <ManagementAndGeneral>97715</ManagementAndGeneral>
      </PayrollTaxes>
      <FeesForServicesOther>
        <Total>63296</Total>
        <ManagementAndGeneral>63296</ManagementAndGeneral>
      </FeesForServicesOther>
      <OfficeExpenses>
        <Total>33678</Total>
        <ManagementAndGeneral>33678</ManagementAndGeneral>
      </OfficeExpenses>
      <Interest>
        <Total>167539</Total>
        <ProgramServices>144534</ProgramServices>
        <ManagementAndGeneral>23005</ManagementAndGeneral>
      </Interest>
      <DepreciationDepletion>
        <Total>547176</Total>
        <ProgramServices>472597</ProgramServices>
        <ManagementAndGeneral>74579</ManagementAndGeneral>
      </DepreciationDepletion>
      <Insurance>
        <Total>133055</Total>
        <ManagementAndGeneral>133055</ManagementAndGeneral>
      </Insurance>
      <OtherExpenses>
        <Description>ELECTRICITY</Description>
        <Total>271194</Total>
        <ProgramServices>271194</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BAD DEBTS</Description>
        <Total>112600</Total>
        <ManagementAndGeneral>112600</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>JANITORIAL</Description>
        <Total>108502</Total>
        <ProgramServices>108502</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BUILDING REPAIR AND MAINT</Description>
        <Total>106251</Total>
        <ProgramServices>106251</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>GROUNDS</Description>
        <Total>82472</Total>
        <ProgramServices>82472</ProgramServices>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>1262564</Total>
        <ProgramServices>882238</ProgramServices>
        <ManagementAndGeneral>380326</ManagementAndGeneral>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>9959401</Total>
        <ProgramServices>6916741</ProgramServices>
        <ManagementAndGeneral>3042660</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>1301582</BOY>
        <EOY>1902098</EOY>
      </CashNonInterestBearing>
      <PledgesAndGrantsReceivable>
        <BOY>988526</BOY>
        <EOY>1434586</EOY>
      </PledgesAndGrantsReceivable>
      <AccountsReceivable>
        <BOY>329149</BOY>
        <EOY>578371</EOY>
      </AccountsReceivable>
      <InventoriesForSaleOrUse>
        <BOY>35128</BOY>
        <EOY>26224</EOY>
      </InventoriesForSaleOrUse>
      <PrepaidExpensesDeferredCharges>
        <BOY>16014</BOY>
        <EOY>16672</EOY>
      </PrepaidExpensesDeferredCharges>
      <LandBuildingsEquipmentBasis>20559007</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>10300466</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>10075677</BOY>
        <EOY>10258541</EOY>
      </LandBuildingsEquipmentBasisNet>
      <InvestmentsPubTradedSecurities>
        <BOY>1966988</BOY>
        <EOY>2252093</EOY>
      </InvestmentsPubTradedSecurities>
      <IntangibleAssets>
        <EOY>53550</EOY>
      </IntangibleAssets>
      <OtherAssetsTotal>
        <BOY>65523</BOY>
        <EOY>4566</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>14778587</BOY>
        <EOY>16526701</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>766597</BOY>
        <EOY>823221</EOY>
      </AccountsPayableAccruedExpenses>
      <DeferredRevenue>
        <BOY>271065</BOY>
        <EOY>296253</EOY>
      </DeferredRevenue>
      <MortNotesPyblSecuredInvestProp>
        <BOY>3937511</BOY>
        <EOY>3700000</EOY>
      </MortNotesPyblSecuredInvestProp>
      <OtherLiabilities>
        <BOY>485409</BOY>
        <EOY>480123</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>5460582</BOY>
        <EOY>5299597</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>6267185</BOY>
        <EOY>7145189</EOY>
      </UnrestrictedNetAssets>
      <TemporarilyRestrictedNetAssets>
        <BOY>1129796</BOY>
        <EOY>2160891</EOY>
      </TemporarilyRestrictedNetAssets>
      <PermanentlyRestrictedNetAssets>
        <BOY>1921024</BOY>
        <EOY>1921024</EOY>
      </PermanentlyRestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>9318005</BOY>
        <EOY>11227104</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>14778587</BOY>
        <EOY>16526701</EOY>
      </TotalLiabNetAssetsFundBalances>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementConsolidated>X</FinancialStatementConsolidated>
      <FederalGrantAuditRequired>false</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc3">
      <School170b1Aii>X</School170b1Aii>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc4">
      <DisclosedOrgsLegalControl>false</DisclosedOrgsLegalControl>
      <DisclosedForCharitablePurposes>false</DisclosedForCharitablePurposes>
      <WrittenPolicyMonitoring>false</WrittenPolicyMonitoring>
      <Sect170hRequirementsSatisfied>false</Sect170hRequirementsSatisfied>
      <SolicitedAssetsForSale>false</SolicitedAssetsForSale>
      <AgentTrusteeEtc>false</AgentTrusteeEtc>
      <IncludedOnFS>false</IncludedOnFS>
      <CurrentYear>
        <BeginningOfYearBalance>2106845</BeginningOfYearBalance>
        <InvestmentEarningsOrLosses>305003</InvestmentEarningsOrLosses>
        <OtherExpenditures>-52043</OtherExpenditures>
        <EndOfYearBalance>2359805</EndOfYearBalance>
      </CurrentYear>
      <CurrentYearMinus1Year>
        <BeginningOfYearBalance>2559030</BeginningOfYearBalance>
        <Contributions>40100</Contributions>
        <InvestmentEarningsOrLosses>-446435</InvestmentEarningsOrLosses>
        <OtherExpenditures>-45850</OtherExpenditures>
        <EndOfYearBalance>2106845</EndOfYearBalance>
      </CurrentYearMinus1Year>
      <PermanentEndowmentEOYBalance>1.00000</PermanentEndowmentEOYBalance>
      <EndowmentsHeldByUnrelatedOrgs>false</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>false</EndowmentsHeldByRelatedOrgs>
      <AreRelatedOrgsListedScheduleR>false</AreRelatedOrgsListedScheduleR>
      <Land>
        <OtherCostOrOtherBasis>951000</OtherCostOrOtherBasis>
        <BookValue>951000</BookValue>
      </Land>
      <TotalOfBookValueLandBuildings>951000</TotalOfBookValueLandBuildings>
      <OtherLiabilities>
        <Description>FUNDS HELD FOR RELATED SCHOOL CLUBS</Description>
        <Amount>283307</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>INT. RATE SWAP CONTRACT LIABILITY</Description>
        <Amount>196816</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>480123</TotalOfAmounts>
      <TotalRevenue>11656860</TotalRevenue>
      <TotalExpenses>9959401</TotalExpenses>
      <ExcessOrDeficitForYear>1697459</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>211640</NetUnrealizedGLOnInvestments>
      <TotalAdjustments>211640</TotalAdjustments>
      <ExcessOrDeficitPerFS>1909099</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>11868500</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>211640</NetUnrealizedGainsInvestments>
      <RevenueNotRptdF990>211640</RevenueNotRptdF990>
      <RevenueSubtotal>11656860</RevenueSubtotal>
      <TotalRevenuePerForm990>11656860</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>9959401</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>9959401</ExpensesSubtotal>
      <TotalExpensesPerForm990>9959401</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>RECONCILIATION OF CHANGES - OTHER</Identifier>
        <ReturnReference>SCHEDULE D, PAGE 4, PART XI, LINE 8</ReturnReference>
        <Explanation>BOOK / TAX DEPRECIATION DIFFERENCE -3,991 BOOK / TAX DEPRECIATION DIFFERENCE 3,991</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER</Identifier>
        <ReturnReference>SCHEDULE D, PAGE 4, PART XIII, LINE 4B</ReturnReference>
        <Explanation>BOOK / TAX DEPRECIATION DIFFERENCE -3,991 BOOK / TAX DEPRECIATION DIFFERENCE 3,991</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="RetDoc6">
      <NondiscriminatoryPolicyStmt>true</NondiscriminatoryPolicyStmt>
      <PolicyStatementInBrochuresEtc>true</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>true</PolicyPublViaBroadcastMedia>
      <PubViaBroadcastMediaExpln>SCHOOL PROMOTIONAL MATERIALS HAVE THE RACIALLY NONDISCRIMINATORY POLICY NOTED ON THEM.</PubViaBroadcastMediaExpln>
      <MaintRacialCompositionRecords>true</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>true</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>true</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>true</MaintCopiesOfAllSolicitations>
      <DiscriminateRaceStudentsRights>false</DiscriminateRaceStudentsRights>
      <DiscriminateRaceAdmissPolicies>false</DiscriminateRaceAdmissPolicies>
      <DiscriminateRaceEmplmnFaculty>false</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>false</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>false</DiscriminateRaceEducPolicies>
      <DiscriminateRaceUseOfFclts>false</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>false</DiscriminateRaceAthleticProg>
      <DiscriminateRaceOtherActy>false</DiscriminateRaceOtherActy>
      <GovernmentFinancialAidReceived>false</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>false</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>true</ComplianceWithRevProc7550>
    </IRS990ScheduleE>
    <IRS990ScheduleJ documentId="RetDoc7">
      <WrittenEmploymentContract>X</WrittenEmploymentContract>
      <BoardOrCommitteeApproval>X</BoardOrCommitteeApproval>
      <SeverancePayment>false</SeverancePayment>
      <SupplementalNonqualRetirePlan>false</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>false</EquityBasedCompArrangement>
      <CompBasedOnRevenueOfFilingOrg>false</CompBasedOnRevenueOfFilingOrg>
      <CompBasedOnRevenueRelatedOrgs>false</CompBasedOnRevenueRelatedOrgs>
      <CompBasedNetEarningsFilingOrg>false</CompBasedNetEarningsFilingOrg>
      <CompBasedNetEarningsRelateOrgs>false</CompBasedNetEarningsRelateOrgs>
      <AnyNonFixedPayments>false</AnyNonFixedPayments>
      <InitialContractException>false</InitialContractException>
      <Form990ScheduleJPartII>
        <NamePerson>DR ROBERT VETO</NamePerson>
        <BaseCompensationFilingOrg>182832</BaseCompensationFilingOrg>
        <TotalCompensationFilingOrg>182832</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
    </IRS990ScheduleJ>
    <IRS990ScheduleM documentId="RetDoc8">
      <SecuritiesPubliclyTraded>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>1</NumberOfContributions>
        <NoncashContribsRptdF990>2108</NoncashContribsRptdF990>
      </SecuritiesPubliclyTraded>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>IN-KIND</Description>
        <NumberOfContributions>2</NumberOfContributions>
        <NoncashContribsRptdF990>86831</NoncashContribsRptdF990>
      </OtherNonCashContributionsTable>
      <AnyPropertyThatMustBeHeld>false</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>false</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>false</ThirdPartiesUsed>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc9">
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S MISSION</Identifier>
        <ReturnReference>FORM 990 - ORGANIZATION'S MISSION</ReturnReference>
        <Explanation>STRATFORD ACADEMY IS AN INDEPENDENT, NON-SECTARIAN, COLLEGE PREPARATORY SCHOOL FOR STUDENTS IN PRE-KINDERGARTEN THROUGH GRADE TWELVE. GUIDED BY THE MOTTO, "FREEDOM FOR EXCELLENCE", STRATFORD PROVIDES A SUPERIOR EDUCATION FOR STUDENTS WITH DIVERSE BACKGROUNDS AND TALENTS AND DEVELOPS RESPONSIBLE, ETHICAL, LIFE-LONG LEARNERS. IN PARTNERSHIP WITH FAMILIES, STUDENTS, AND FACULTY, STRATFORD - PROVIDES OPPORTUNITIES FOR STUDENTS TO DEVELOP THEIR INDIVIDUAL ABILITIES AND SKILLS WITHIN THE CONTEXT OF A RIGOROUS CURRICULUM. - BUILDS CHARACTER AND INTEGRITY BY OFFERING STUDENTS A VARIETY OF ETHICAL AND CULTURAL PERSPECTIVES THROUGH THE CURRICULUM AND SERVICE TO THE SCHOOL AND COMMUNITY. - ENCOURAGES STUDENTS TO ENGAGE IN A WIDE RANGE OF ACADEMIC, ATHLETIC, FINE ARTS, AND SERVICE-RELATED ACTIVITIES. - INSPIRES LEADERSHIP AND PREPARES STUDENTS FOR RESPONSIBLE STEWARDSHIP AND CITIZENSHIP.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>FIRST ACHIEVEMENT DESCRIPTION</Identifier>
        <ReturnReference>FORM 990, PAGE 2, PART III, LINE 4A</ReturnReference>
        <Explanation>FINE ARTS, AND SERVICE-RELATED ACTIVITIES. - INSPIRES LEADERSHIP AND PREPARES STUDENTS FOR RESPONSIBLE STEWARDSHIP AND CITIZENSHIP.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11</ReturnReference>
        <Explanation>THE BOARD REVIEWS A DRAFT COPY OF THE FORM 990 WITH THE BUSINESS MANAGER PRIOR TO FILING.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR TOP OFFICIAL</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15A</ReturnReference>
        <Explanation>THE HEAD OF SCHOOL HAS A THREE YEAR CONTRACT. THE INITIAL CONTRACT COMPENSATION AMOUNT IS SET BY THE BOARD OF DIRECTORS BASED ON MANY FACTORS INCLUDING: BENCHMARKING AT REGIONAL AND NATIONAL LEVELS, COMPARISON WITH OTHER SIMILAR ORGANIZATIONS, AND DATA PROVIDED BY AN INDEPENDENT SEARCH FIRM. THE BOARD OF DIRECTORS COMPLETES AN ANNUAL REVIEW OF THE HEAD OF SCHOOL'S PERFORMANCE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR OFFICERS</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15B</ReturnReference>
        <Explanation>AN ANNUAL JOB PERFORMANCE REVIEW IS DONE BY THE HEAD OF SCHOOL AND/OR THE DIRECT SUPERVISOR TO DETERMINE THE COMPENSATION AMOUNT. A SALARY SCALE IS USED FOR FACULTY BASED ON YEARS OF EXPERIENCE AND DEGREES HELD.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>NO DOCUMENTS AVAILABLE TO THE PUBLIC</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ADDITIONAL INFORMATION</Identifier>
        <ReturnReference>SCHEDULE O</ReturnReference>
        <Explanation>A CONFLICT OF INTEREST POLICY AND A WHISTLEBLOWER POLICY HAVE BEEN PUT IN PLACE FOLLOWING THE BOARD REVIEW OF THE 2009 FORM 990.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>