2011-02-11T14:13:59-06:00 2010-06-30 SMITH & HOWARD PC 171 17TH STREET SUITE 900 ATLANTA GA 30363 990 2009-07-01 581224983 WHITEFIELD ACADEMY INC WHIT 6783053000 ONE WHITEFIELD DRIVE MABLETON GA 30126 JOHN LINDSELL 2011-02-15 MARC AZAR 4048746244 2009 2016-02-24 21:20:13Z MICHELLE DURRETT ONE WHITEFIELD DRIVE MABLETON GA 30126 15197742 false X http://www.whitefieldacademy.com X 1974 GA WHITEFIELD ACADEMY IS A CHRIST-CENTERED COLLEGE PREPARATORY SCHOOL THAT BOLSTERS CHRISTIAN FAMILIES WITH A PASSION FOR LEARNING. THE SCHOOL REQUIRES ACADEMIC EXCELLENCE BASED IN EVANGELICAL CHRISTIANITY. 16 14 165 25 7350 1153151 3943807 11102927 10920093 154782 178743 97502 59303 12508362 15101946 1041122 987229 0 0 5769259 5715438 0 52945 484797 4912789 4746509 11723170 11502121 785192 3599825 40777452 43679718 25005380 24382374 15772072 19297344 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 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 8672414 987229 11054034 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 656, PK4-12. 8672414 true true false false false false false false true true true false true false false false false true true false false false true true false false false false true true true false true false false false false false false false false true 58 0 true 165 true true true false false false false true true false false false 16 14 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 ONE WHITEFIELD DRIVE MABLETON GA 30126 W ALLEN BELL 1.0 X 0 MARSHA BURKE 1.0 X 0 JOHN CHARLES 1.0 X 0 DAVID DEETER 1.0 X 0 WALLACE FRANCIS 1.0 X 0 JOHN HORTON 1.0 X 0 DARYL JONES 1.0 X 0 VESTA JONES 1.0 X 6000 LAUREL LEMASTERS 1.0 X 0 VALERIA MACPHAIL 1.0 X 0 AL PANU 1.0 X 0 PAUL QUIROS 1.0 X 0 WILLIAM SERRAVEZZA 1.0 X 0 DOUG WILLIAMS 1.0 X 0 BILL GASTON 1.0 X 0 TERRY SHILLING 1.0 X 0 JOHN LINDSELL 40.0 X 272400 0 18685 THOMAS WOOD 40.0 X 123807 0 29773 MICHELLE DURRETT 40.0 X 119000 0 10161 521207 0 58619 3 false true false Info Tank 34 LAKE LATIMER DRIVE KENNESAW GA 30144 INFO TECHNOLOGY SVCS 205878 SAGE DINING SERVICES 222 BOSLEY AVENUE TOWSON MD 21204 FOOD & CATERING 595611 Blue Cross Blue Shield PO Box 100376 ATLANTA GA 30326 MEDICAL INSURANCE 454800 3 6125 3937682 124857 3943807 ACADEMIC PROGRAM 611710 10374143 10374143 ATHLETIC PROGRAM & SUMMER CAMP 711210 20771 20771 FOOD & BUS SERVICES 711210 420449 420449 CLUB CUB 611600 104730 104730 10920093 178743 178743 0 0 2925 2925 2925 2925 0 18233 6125 7500 10733 10733 0 120053 88296 31757 31757 VENDING,CONCESSION 900099 343 343 YEARBOOK 511130 9515 4425 5090 MISCELLANEOUS 900099 4030 4030 13888 15101946 10962583 7350 188206 0 987229 987229 0 0 291085 221033 58488 11564 0 4465265 3395376 890835 179054 172055 123880 41293 6882 446173 356369 75820 13984 340860 259054 68172 13634 0 15000 15000 46723 36000 10723 0 52945 52945 14819 14819 211584 169267 31738 10579 75634 37817 37817 177172 127498 49674 220491 176393 35348 8750 0 642771 514217 97650 30904 0 0 0 528450 528450 0 1085791 805479 229970 50342 95235 79045 12381 3809 FOOD SERVICE 531688 531688 ATHLETICS 183731 183731 UNCOLLECTIBLE TUITION & PLEDGE 131000 30000 71000 30000 TUTORING 94515 94515 CASUALTY & LOSS 78195 78195 613710 465628 75732 72350 11502121 8672414 2344910 484797 3546188 6010139 4835465 1501631 1720687 3505219 5025195 5277266 142450 104780 206030 118373 30480604 7263536 23988479 23217068 1234015 3930741 78943 14501 40777452 43679718 717305 520468 9318615 9082862 14300000 14000000 669460 779044 25005380 24382374 X 12520059 12689053 2205513 5561791 1046500 1046500 15772072 19297344 40777452 43679718 X false true true X false X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 889758 121235 40284 970709 1185700 1000 -151183 52505 79839 13415 889758 1.00000 false false 4588643 4588643 23063971 5422290 17641681 493905 178257 315648 2171978 1569883 602095 162107 93106 69001 23217068 0 CAPITAL LEASE OBLIGATION 90013 INTEREST RATE SWAP 689031 779044 15101946 11502121 3599825 140959 -215512 -74553 3525272 14329153 140959 88296 229255 14099898 1002048 1002048 15101946 10803881 303808 303808 10500073 1002048 1002048 11502121 Schedule D, Part V, Line 2a & 2b Actual Endowment Funds estimated percentage of the year end balance held as: A: board designated or quasi-endowment: -7.8078% B: permanent endowment: 107.8078% 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 of the financial accounting standards cofification. Schedule D, Part XI, Line 8 Reconciliation of Change in Net Assets from 990 to Audited Financial Stmts Unrealized loss on Interest Rate Swap -215,512. Schedule D, Part XII, Line 2d Reconciliation of Rev per Audited Financial Statments with Rev per Return Cost of Goods Sold for Bookstore 88,296 ------------ 88,296 Schedule D, Part XII, Line 4b Reconciliation of Rev per Audited Financial Statments with Rev per Return Grants netted on financials w/ tuition exp + 987,229 Investment expenses + 14,819 ------------ 1,002,048 Schedule D, Part XIII, Line 2d Reconciliation of Exp per Audited Financial Statments with Exp per Return Cost of Goods Sold for Bookstore 88,296 Unrealized loss on Interest Rate Swap + 215,512 ------------ 303,808 Schedule D, Part XIII, Line 4b Reconciliation of Exp per Audited Financial Statments with Exp per Return Grants netted on financials w/ tuition exp 987,229 Investment expenses + 14,819 ------------ 1,002,048 Schedule D, Part XIV, 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, AND FOR ENHANCING THE LIBRARIES OF THE SCHOOL. THE AMOUNT FOR FY 2010 IS $80,331. true true true PUBLISHED IN ENROLLMENT CONTRACTS AND WEBSITE true true true true false false false false false false false false false false true X X X true COXE CURRY FUNDRAISING CONSULTING false 3458398 52945 3405453 3458398 52945 3405453 GA GOLF TOURNAMENT 24358 6125 18233 1971 4516 0 24358 6125 18233 1971 4516 6487 11746 true TUITION ASSISTANCE 125 987229 TUITION DISCOUNT GRANTS & OTHER ASSISTANCE 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 false false false false false false false false false JOHN LINDSELL 272400 0 10746 7939 291085 0 THOMAS WOOD 123807 0 6560 23213 153580 0 PAUL QUIROS BOARD MEMBER 765 LUNCH BENEFIT STACY QUIROS EMPLOYEE/EMPLOYER 33815 FORMER BOD EMPLOYED BY SCHOOL false VESTA JONES EMPLOYEE/EMPLOYER CURRENT BOD EMPLOYED BY SCHOOL false X 5 124857 STOCK VALUE false false false 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. Part VII, Section A, Line 1B One board member is also a temporary employee of the school and is compensated for her work as a substitute teacher. Because she receives wages, she is not considered independent. This relationship is disclosed on Schedule L.