return of organization exemptfromincometax 2007990s.foundationcenter.org/990_pdf_archive/620/... ·...

18
I Form 990 Department of the Trea! Internal Reve n ue Servn Return of Organization Exempt From Income Tax Under section 501(c), 527, or 4947(aXl) of the Internal Revenue Code (except black lung benefit trust or private foundation) OMB No 1545-0047 2007 Open to Public The organization may have to use a copy of this return to satisfy state reporting requirements inspection A For the 2007 calen dar y ear , or tax year beginning Jul 1 , 2007 , and ending Jun 30 , 2008 B Check if applicable C Name of organization D Employer Identification Number Address change PIRSlabele WASHINGTON COLLEGE ACADEMY 62-0489473 Name change or prof pe. orty Number and street (or P O box if mail is not delivered to street addr) Room/suite E Telephone number Initial return specif ic 116 DOAK LANE Termination Instn . bons . City, town or country State ZIP code +4 Accou tm F method : g q Cash X Accrual Amended return LIMESTONE TN 37 681 Other (specify)" Fl Application pending Section 501 (cX3) organizations and 4947(aXl) nonexempt H and I are not appli cable to section 527 organizations charitable trusts must attach a completed Schedule A H (a) Is this a group return for affiliates' q Yes No (Form 990 or 990-EZ). H (b) if 'Yes,' enter number of affiliates G Web site: 01 N /A H (C) Are all affiliates included' q Yes q No J Organization type (If 'No; attach a list See instructions) (check only one) 501(c) 3 -4 (insert no) q 4947( a)(1) or q 527 H (d) Is this a separate return filed by an K Check herel" u if the organization is not a 509(a)(3) supporting organization and its organization covered by a group rulings Yes X No gross receipts are normally not more than $25,000 A return is not required, but if the I Grou p Exem ption Number No. organization chooses to file a return, be sure to file a complete return M Check X if the organization is not required L Gross receipts Add lines 6b, 8b, 9b, and IOb to line 12 0' 188, 655. to attach Schedule B (Form 990, 990-EZ, or 990-PF) Part I Revenue . Expenses - and Chances in Net Assets or Fund Balances (See the instructions.) 1 Contributions, gifts, grants, and similar amounts received' a Contributions to donor advised funds 1 a b Direct public support (not included on line l a) 1 b 147,308. c Indirect public support (not included on line la) 1 c d Government contributions (grants) (not included on line 1.9) 1 d 15,000. e Total (add lines la through 1d) (cash $ 16 2, 3 0 8. noncash $ ) 1 e 162, 308. 2 Program service revenue including government fees and contracts (from Part VII, line 93) 2 1,250. 3 Membership dues and assessments 3 4 Interest on savings and temporary cash investments 4 664. 5 Dividends and interest from securities 5 6a Gross rents 6a 19,191. b Less rental expenses 6b 763. c Net rental income or (loss) Subtract line 6b from line 6a 6c 18,428. R 7 Other investment income (describe ) 7 E v 8a Gross amount from sales of assets other (A) Securities (B) Other N than inventory 8a 990. E b Less cost or other basis and sales expenses 8b c Gain or (loss) (attach schedule) 8e 990. d Net gain or (loss) Combine line 8c, columns (A) and (B) 8d 990. 9 Special events and activities (attach schedule) If any amount is from gaming , check here a Gross revenue (not including $ of contributions re re All I 9a) Mry f f 1 IS b Le s dir i t i t lan fur raising expenses 9b c Ne ur me or (loss) from spec) I nts Subtract line 9b from line 9a 9c 10a Gr aleWAyiv2ll^rj,Qg9 re tQ and allowances 10a b Le s' ost of goods sold 2j 10b c Gro s profit les tgnen oTo attach schedule) Subtract line 10b from line 10a 10c 1 11 Ot 3) 11 4,252. 12 Total revenue . Add lines l e, 2, 3, 4, 5, 6c, 7, 8d, 9c, 10c, and 11 12 187,892. E 13 Program services (from line 44, column (B)) 13 9 , 197. x P 14 Management and general (from line 44, column (C)) 14 84,096. E N 15 Fundraising (from line 44, column (D)) 15 1,319. E 16 Payments to affiliates (attach schedule) 16 S 17 Total ex penses . Add lines 16 and 44, column (A) 17 94,612. Excess or (deficit) for the year Subtract line 17 from line 12 18 93,280. T N Net assets or fund balances at beginning of year (from line 73, column (A)) 19 2,582,575. i 7n tither change n net s eto or fund ba arc .^ ....... .... ........ ...^ai ww (aiiaCii ctiNid iidiiu^ ^) ZO s N l 1 l et assets or fund ba 21 ances at end of year Combine lines 8, 19, and 20 21 2,675,855. a, C 2 UT C L C BAA For Privacy Act and Paperwork Reduction Act Notice , see the separate instructions . TEEAO101 12/27/07 Form 990 (2007)

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Page 1: Return of Organization ExemptFromIncomeTax 2007990s.foundationcenter.org/990_pdf_archive/620/... · 1 68 Temporarily restricted 68 69 Permanently restricted 69 Organizationsthatdonotfollow

I Form 990

Department of the Trea!Internal Revenue Servn

Return of Organization Exempt From Income TaxUnder section 501(c), 527, or 4947(aXl) of the Internal Revenue Code

(except black lung benefit trust or private foundation)

OMB No 1545-0047

2007Open to Public

The organization may have to use a copy of this return to satisfy state reporting requirements inspection

A For the 2007 calendar year , or tax year beginning Jul 1 , 2007 , and ending Jun 30 , 2008

B Check if applicable C Name of organization D Employer Identification Number

Address change PIRSlabele WASHINGTON COLLEGE ACADEMY 62-0489473

Name changeor prof

pe.orty Number and street (or P O box if mail is not delivered to street addr) Room/suite E Telephone number

Initial return specif ic 116 DOAK LANE

TerminationInstn .bons . City, town or country State ZIP code + 4 Accou tm

F method : g q Cash X Accrual

Amended return LIMESTONE TN 37 681 Other (specify)"

Fl Application pending • Section 501 (cX3) organizations and 4947(aXl) nonexempt H and I are not appli cable to section 527 organizations

charitable trusts must attach a completed Schedule A H (a) Is this a group return for affiliates' q Yes No

(Form 990 or 990-EZ). H (b) if 'Yes,' enter number of affiliates

G Web site: 01 N /A H (C) Are all affiliates included' q Yes q No

J Organization type(If 'No; attach a list See instructions)

(check only one) 501(c) 3 -4 (insert no) q 4947(a)(1) or q 527 H (d) Is this a separate return filed by an

K Check herel" u if the organization is not a 509(a)(3) supporting organization and its organization covered by a group rulings Yes X No

gross receipts are normally not more than $25,000 A return is not required, but if the I Grou p Exemption Number No.organization chooses to file a return, be sure to file a complete return

M Check X if the organization is not required

L Gross receipts Add lines 6b, 8b, 9b, and IOb to line 12 0' 188, 655. to attach Schedule B (Form 990, 990-EZ, or 990-PF)

Part I Revenue . Expenses - and Chances in Net Assets or Fund Balances (See the instructions.)

1 Contributions, gifts, grants, and similar amounts received'

a Contributions to donor advised funds 1 a

b Direct public support (not included on line l a) 1 b 147,308.

c Indirect public support (not included on line la) 1 c

d Government contributions (grants) (not included on line 1.9) 1 d 15,000.e Total (add lines

la through 1d) (cash $ 16 2, 3 0 8. noncash $ ) 1 e 162, 308.

2 Program service revenue including government fees and contracts (from Part VII, line 93) 2 1,250.

3 Membership dues and assessments 3

4 Interest on savings and temporary cash investments 4 664.

5 Dividends and interest from securities 5

6a Gross rents 6a 19,191.

b Less rental expenses 6b 763.

c Net rental income or (loss) Subtract line 6b from line 6a 6c 18,428.

R 7 Other investment income (describe ) 7Ev 8a Gross amount from sales of assets other

(A) Securities (B) Other

N than inventory 8a 990.

E b Less cost or other basis and sales expenses 8b

c Gain or (loss) (attach schedule) 8e 990.

d Net gain or (loss) Combine line 8c, columns (A) and (B) 8d 990.

9 Special events and activities (attach schedule) If any amount is from gaming , check here

a Gross revenue (not including $ of contributionsre re All I 9a)Mry

ff 1 ISb Le s dir i t i t lan fur raising expenses 9b

c Ne ur me or (loss) from spec) I nts Subtract line 9b from line 9a 9c

10a Gr aleWAyiv2ll^rj,Qg9 re tQ and allowances 10a

b Le s' ost of goods sold 2j 10b

c Gro s profit les tgnen oTo attach schedule) Subtract line 10b from line 10a 10c

111 Ot 3) 11 4,252.12 Total revenue . Add lines l e, 2, 3, 4, 5, 6c, 7, 8d, 9c, 10c, and 11 12 187,892.

E 13 Program services (from line 44, column (B)) 13 9 , 197.

xP14 Management and general (from line 44, column (C)) 14 84,096.

EN15 Fundraising (from line 44, column (D)) 15 1,319.

E 16 Payments to affiliates (attach schedule) 16

S 17 Total expenses . Add lines 16 and 44, column (A) 17 94,612.

Excess or (deficit) for the year Subtract line 17 from line 12 18 93,280.TN Net assets or fund balances at beginning of year (from line 73, column (A)) 19 2,582,575.

i

7n

tither change n net s eto or fund ba arc.^ ....... .... ........ ...^ai ww (aiiaCii ctiNid iidiiu^ ^) ZO

s N l 1l et assets or fund ba21 ances at end of year Combine lines 8, 19, and 20 21 2,675,855.

a,C

2UTC

LC

BAA For Privacy Act and Paperwork Reduction Act Notice , see the separate instructions . TEEAO101 12/27/07 Form 990 (2007)

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Form 990 (2007) WASHINGTON COLLEGE ACADEMY 62-0489473 Page 2

Part II Statement of Functional Expenses All organizations must complete column (A). Columns (B), (C), and (D) are requiredequir dfor section 501(c)(3) and (4) organizations and section 4947(a)(1) nonexempt charitable trusts but op ions or others.

ginstruct)

Do not include amounts reported on line (A) Total (B) Program (C) Management (D) Fundraising6b, 8b, 9b, 10b, or 16 of Part 1. services and general

22a Grants paid from donor advisedfunds (attach sch)

(cash $

non-cash $

If this amount includesforeign grants, check here F] 22a

22b Other grants and allocations (att sch)

(cash $

non-cash $

If this amount includesforeign grants, check here 22b

23 Specific assistance to individuals(attach schedule) 23

24 Benefits paid to or for members(attach schedule) 24

25a Compensation of current officers,directors, key employees, etc. listedin Part V-A 25a

b Compensation of former officers,directors, key employees, etc. listedin Part V-B 25b

c Compensation and other distributions, notincluded above, to disqualified persons (asdefined under section 4958(f)(1)) and personsdescribed in section4958( c)(3)(B) 25c

26 Salaries and wages of employees notincluded on lines 25a, b, and c 26 15, 832. 0. 15, 832. 0.

27 Pension plan contributions notincluded on lines 25a, b, and c 27

28 Employee benefits not included onlines 25a - 27 28 1 , 376. 0. 1,376. 0.

29 Payroll taxes 29 589. 0. 589. 0.30 Professional fundraising fees 30

31 Accounting fees 31

32 Legal fees 32

33 Supplies 33 620. 0. 620. 0.34 Telephone 34 2, 503. 0. 2,503. 0.35 Postage and shipping 35 616. 0. 616. 0.36 Occupancy 36 26,338. 0. 26,338. 0.37 Equipment rental and maintenance 37 2, 392. 0. 2, 392. 0.

38 Printing and publications 38

39 Travel 39

40 Conferences , conventions , and meetings 40

41 Interest 41 2,085. 0. 2,085. 0.42 Depreciation , depletion, etc (attach schedule) 42 10, 947 . 0 . 10, 947 . 0 .43 Other expenses not covered above (itemize)

a ADVERTISING-------------------

43a 3 , 218. 3,218. 0. 0.

b CONTRACT LABOR _____ 43b 19,630. 5,480. 14,150. 0.

c BANK SERVICE CHG-----------------

43c 78. 0. 78. 0.--

d INSURANCE- --- --------

43d 3,442. 0. 3,442. 0.----- -

e AUTOMOBILE EXPENSE--- --- -- -43e 2,740. 0. 2,740. 0.

------- - - -f FOOD SERVICE 43f 61. 0 . 61. 0 .

g See Other Expenses Stmt _ _ _ _ 3 2,145. 499. 327. 1 , 319.

44 Total functional expenses Add lines 22athrow h 43g (Organizations completing columns(B) -ID) , carry these totals to lines 13 - 15) 44 94,612. 9, 197. 84 , 096. 1 , 31 9.

Joint Costs. Check -F] if you are following SOP 98-2

Are any JUlnl (.U^,L' fiGiii a cducct: ni c..::'r...y^n and fi nrlraicing cnliritatinn rannrted in(B) Program servicesz -7 Yes n NoG^iiw^i cu v ..

If 'Yes,' enter (i) the aggregate amount of these joint costs $ , (ii) the amount allocated to Program services

$ , (iii) the amount allocated to Management and general $ , and (iv) the amount allocated

to Fundraising $

BAA TEEA0102 08/02/07 Form 990 (2007)

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Form 990 (2007) WASHINGTON COLLEGE ACADEMY 62-0489473 Page3

Part III Statement of Program Service Accomplishments (See the instructions.)Form 990 is available for public inspection and, for some people , serves as the primary or sole source of information about a particularorganization How the public perceives an organization in such cases may be determined by the information presented on its return Therefore,please make sure the return is complete and accurate and fully describes , in Part III, the organization ' s programs and accomplishments.

What is the organization's primary exempt purpose's ► PRIVATE SCHOOL Program Service Expenses_ _

All organizations must describe their exempt purpose achievements in a clear and concise manner State the number ofgv dl blt t D hd t h

(Required for 501(c)(3) and4) organizations and

e , puien s serc ica ions issue iscuss ac ievements t, e c at are not measurable (Section 501 (c)(3) and (4) organ. 4947(a)(1) trusts, butizations and 4947(a ) (1 ) nonexem pt charitable trusts must also enter the amount of grants and allocations to others opt i onal for others )

a OPERATION OF A PRIVATE ELEMENTARY AND SECONDARY SCHOOL------------------------------------------------------

------------------------------------------------------

------------------------------------------------------

-

------------------------------------------------------

---------------------------------------------------(Grants and allocations $ 0 . ) If this amount includes foreign rants, check here ' 9,197.

b------------------------------------------------------

------------------------------------------------------

-------------------------------- ------------ --- ---- ---

------------------------------------------------------

---------------------------------------------------(Grants and allocations $ ) If this amount includes foreign rants, check here

C------------------------------------------------------

------------------------------------------------------

----------------------------------- -------------------

------------------------------------------------------

----------------------------------------------------(Grants and allocations $ ) If this amount includes foreign grants, check here 0' n

d-----------------------------------------------------

------------------------------------------------------

--------------------------------- -- ----------------- --

------------------------------------------------------

----------------------------------------------------(Grants and allocations $ ) If this amount includes foreign grants, check here

-

e Other program services

(Grants and allocations $ ) If this amount includes foreign grants, check here 0' n

f Total of Program Service Expenses (should equal line 44, column (B), Program services) P. 9,197.

BAA Form 990 (2007)

TEEA0103 12/27/07

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Form 990 (2007) WASHINGTON COLLEGE ACADEMY 62-0489473 Page4

Part IV Balance Sheets (See the instructions.)

Note : Where required, attached schedules and amounts within the description (A) (B)column should be for end-of-year amounts only Beginning of year End of year

45 Cash - non-interest-bearing 53, 679. 45 126, 736.

46 Savings and temporary cash investments 46

47a Accounts receivable 47a

b Less allowance for doubtful accounts 47b 155. 47c

48a Pledges receivable 48a

b Less- allowance for doubtful accounts 48b 48c

49 Grants receivable 49

50 a Receivables from current and former officers, directors, trustees, and keyemployees (attach schedule) 50a

b Receivables from other disqualified persons (as defined under section 4958(f)(1))and persons described in section 4958(c)(3)(B) (attach schedule) 50b

A

ss 51 a Other notes and loans receivableE (attach schedule) 51 aTs b Less- allowance for doubtful accounts 51 b 51 c

52 Inventories for sale or use 52

53 Prepaid expenses and deferred charges 53

54a Investments - publicly-traded securities FMVCost 54a

b Investments - other securities (attach sch)

B B

Cost FMV 54b

55a Investments - land, buildings, & equipment basis 55a

b Less accumulated depreciation(attach schedule) 55b 55c

56 Investments - other (attach schedule) 56

57a Land, buildings, and equipment basis 57a 2, 714, 391 .

b Less accumulated depreciation -(attach schedule) 57b 107, 920. 2, 617, 418. 57c 2, 606, 471.

58 Other assets, including program-related investments

(describe ► )---------------------------

- - - 58

59 Total assets (must equal line 74) Add lines 45 through 58 2, 671, 252. 59 2,733,207.

60 Accounts payable and accrued expenses 48,892. 60 46,692.

61 Grants payable 61

L 62 Deferred revenue 62

A63 Loans from officers, directors, trustees, and key -- --

Lemployees (attach schedule) 63

T64a Tax-exempt bond liabilities (attach schedule) 64a

Eb Mortgages and other notes payable (attach schedule) 38, 331. 64b 10,223.

S 65 Other liabilities (describe ► See Line 65 Stmt )----------------------

1, 454. 65 437.

66 Total liabilities . Add lines 60 through 65 88, 677. 66 57,352.

Organizations that follow SFAS 117, check here ► Q and complete lines 67

N through 69 and lines 73 and 74

A 67 Unrestricted 2 582, 575. 67 2, 675, 855.1 68 Temporarily restricted 68

69 Permanently restricted 69

Organizations that do not follow SFAS 117, check here ► and complete lines

F 70 through 74

u 70 Capital stock, trust principal, or current funds 70D

B71 Paid-in or capital surplus, or land, building, and equipment fund 71

AL 72 Retained earnings, endowment, accumulated income, or other funds 72AC 73 Total net assets or fund balances . Add lines 67 through 69 or lines 70 through ---E 72 (Column (A) must equal line 19 and column (B) must equal line 21) 2, 582, 575. 73 2, 675, 855.

74 Total liabilities and net assets/fund balances . Add lines 66 and 73 2, 671, 252. 74 2, 733, 207 .

BAA Form 990 (2007)

TEEA0104 08/02/07

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Form 990 (2007) WASHINGTON COLLEGE ACADEMY 62-0489473 Page5

Part IV-A Reconciliation of Revenue per Audited Financial Statements with Revenue per Return (See theinstructions.)

a Total revenue, gains, and other support per audited financial statements a

b Amounts included on line a but not on Part I, line 12-

1 Net unrealized gains on investments b1

2Donated services and use of facilities b2

3Recoveries of prior year grants b3

4Other (specify):

b4lAdd lines b1 through b4 b

c Subtract line b from line a c

d Amounts included on Part I, line 12, but not on line a:

1 Investment expenses not included on Part I, line 6b d1

2Other (specify)-------------------------------

---------------------------------------d2 ---

Add lines d1 and d2 d

e Total revenue (Part I, line 12) Add lines c and d e

Part IV-B Reconciliation of Expenses per Audited Financial Statements with Expenses per Return

a Total expenses and losses per audited financial statements a

b Amounts included on line a but not on Part I, line 17

1 Donated services and use of facilities bl

2Pnor year adjustments reported on Part I, line 20 b2

3Losses reported on Part I, line 20 b3

4Other (specify)

---------------------------------------Add lines 151 through b4 b

c Subtract line b from line a c

d Amounts included on Part I, line 17, but not on line a:

1 Investment expenses not included on Part I, line 6b dl

2Other (specify)-------------------------------

--------------------------------------- d2Add lines d1 and d2 d

e Total expenses (Part I, line 17) Add lines c and d e

Part V-A" Current Officers , Directors , Trustees , and Key Employees (List each person who was an officer, director, trustee,or key employee at any time during the year even if they were not compensated) (See the instructions )

(A) Name and address

(B) Title and average hoursper week devoted

to position

(C) Compensation( if not paid ,enter -0-)

(D) Contributions toemployee benefitplans and deferredcompensation plans

(E) Expenseaccount and other

allowances

-_°JeQ -4& QtOILMen-i -,------------------------

----------------------

----------------------

--------------------------------------------

--------------------------------------------

--------------------------------------------

----------------------

----------------------I

BAA TEEA0105 08/02/07 Form 990 (2007)

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Form 990 (2007) WASHINGTON COLLEGE ACADEMY 62-0489473 Page6

Part V-A Current Officers , Directors , Trustees , and Key Employees continued Yes No75a Enter the total number of officers, directors, and trustees permitted to vote on organization business at board meetings 110-- - - - - - - - - - -

b Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employeeslisted in Schedule A, Part I, or highest compensated professional and other independent contractors listed in ScheduleA, Part II-A or II-B, related to each other through family or business relationships? If 'Yes,' attach a statement that - -- - -identifies the individuals and explains the relationship(s) 75b X

c Do any officers, directors, trustees, or key employees listed in form 990, Part V-A, or highest compensated employeeslisted in Schedule A, Part I, or highest compensated professional and other independent contractors listed in ScheduleA, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related --- -

'-- --i

to the organization? See the instructions for the definition of 'related organization' 75c X

If 'Yes,' attach a statement that includes the information described in the instructions

F-d Does the organization have a written conflict of interest policy' 7^d X

PartV-B Former Officers , Directors , Trustees , and Key Employees That Received Compensation or Other

Benefits (If any former officer, director, trustee, or key employee received compensation or other benefits (described below)during the year, list that person below and enter the amount of compensation or other benefits in the appropriate column Seethe instructions )

(A) Name and address (B) Loans andAdvances

(C) Compensation(if not paid,enter -0-)

(D) Contributions toemployee benefitplans and deferredcompensation plans

(E) Expenseaccount and other

allowances

N/A-------------------------

------------------------

------------------------

------------------------

-------------------------

------------------------

-------------------------

------------------------

-------------------------

-------------------------

-------------------------

-------------------------

Part VI Other Information (See the instructions. Yes No

76 Did the organization make a change in its activities or methods of conducting activities'If 'Yes,' attach a detailed statement of each change

- -76

----- -X

77 Were any changes made in the organizing or governing documents but not reported to the IRS? 77 X

If 'Yes,' attach a conformed copy of the changes

78a Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return? 78a - X

b If 'Yes,' has it filed a tax return on Form 990-T for this year? 78b

79 Was there a liquidation, dissolution, termination, or substantial contraction during theyear7 If 'Yes,' attach a statement 79 X

80a Is the organization related (other than by association with a statewide or nationwide organization) through commonmembership, governing bodies, trustees, officers, etc, to any other exempt or nonexempt organization?

-- --80a

--4--X

b If 'Yes,' enter the name of the organization ► --------------- _ _----- -----_______________________ and check whether it is 0exemptor []nonexempt

81 a Enter direct and indirect political expenditures (See line 81 instructions) 181 a

l

b Did the organization file Form 1120-POL for this year'

_

81 b X

BAA Form 990 (2007)

TEEA0106 12/27/07

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Form 990 (2007) WASHINGTON COLLEGE ACADEMY 62-0489473 Page7

Part VI Other Information continued Yes No

82 a Did the organization receive donated services or the use of materials, equipment, or facilities at no charge or at• substantially less than fair rental value' 82a X

b If 'Yes,' you may indicate the value of these items here Do not include this amount asrevenue in Part I or as an expense in Part II (See instructions in Part III ) I 82b1

83a Did the organization comply with the public inspection requirements for returns and exemption applications7

b Did the organization comply with the disclosure requirements relating to quid pro quo contributions'

84a Did the organization solicit any contributions or gifts that were not tax deductible?

b If 'Yes,' did the organization include with every solicitation an express statement that such contributions or gifts werenot tax deductible?

85a 501(c)(4), (5), or (6) Were substantially all dues nondeductible by members?

b Did the organization make only in-house lobbying expenditures of $2,000 or less?

If 'Yes' was answered to either 85a or 85b, do not complete 85c through 85h below unless the organization received awaiver for proxy tax owed for the prior year

c Dues, assessments, and similar amounts from members 85c

d Section 162(e) lobbying and political expenditures 85d

e Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices 85e

f Taxable amount of lobbying and political expenditures (line 85d less 85e) 85f

g Does the organization elect to pay the section 6033(e) tax on the amount on line 85f'

In If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount on line 85f to its reasonable estimate ofdues allocable to nondeductible lobbying and political expenditures for the following tax year?

86 501(c)(7) organizations. Enter a Initiation fees and capital contributions included on

line 12 86a

b Gross receipts, included on line 12, for public use of club facilities 86b

87 501(c)(12) organizations Enter a Gross income from members or shareholders 87a

N/A

N/A

N/A

k

83a X

83 b X

84a X

I85al N/A

N/A

85g N/

85h N/

N/A

N/A

N/A

b Gross income from other sources (Do not net amounts due or paid to other sourcesagainst amounts due or received from them.) 87b N/A

88 a At any time during the year, did the organization own a 50% or greater interest in a taxable corporation or partnership,or an entity disregarded as separate from the organization under Regulations sections 301 7701-2 and 301 7701-37 -If 'Yes,' complete Part IX 88a

b At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning ofsection 512(b)(13)' If 'Yes,' complete Part XI 11 88b

89a 501 (c)(3) organizations Enter Amount of tax imposed on the organization during the year under

section 4911 ► 0 . , section 4912 ► 0 . , section 4955 ► 0.

-----------

----------- ----

b 501(c)(3) and 501(c)(4) organizations Did the organization engage in any section 4958 excess benefit transactionduring the year or did it become aware of an excess benefit transaction from a prior year? If 'Yes,' attach a statement -- --explaining each transaction 89b

c Enter Amount of tax imposed on the organization managers or disqualified persons during theyear under sections 4912, 4955, and 4958

d Enter Amount of tax on line 89c, above, reimbursed by the organization

e All organizations At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?

f All organizations Did the organization acquire a direct or indirect interest in any applicable insurance contract'

X

X

X

89 a ---_- X J

89f X

g For supporting organizations and sponsoring organizations maintaining donor advised funds Did the supportingorganization, or a fund maintained by a sponsoring organization, have excess business holdings at any time duringthe year' 89g A X

90a List the states with which a copy of this return is filed ► See States Filed In--------------------------------------

b Number of employees employed in the pay period that includes March 12, 2007(See instructions ) 1 90b1 1

91 a The books are in care of ► Richard Donoho Telephone number ► (423) 257-5512

Located at ► 116 DOAK LANE LIMESTONE, TN ZIP + 4 ► 37 681

b At any time during the calendar year, did the organization have an interest in or a signature or other authority over a Yes No

financial account in a foreign country (such as a bank account, securities account, or other financial account)? 91 b X

If 'Yes,' enter the name of the foreign country

See the instructions for exceptions and filing requirements for Form TD F 90-22.1, Report of Foreign Bank andFinancial Accounts

BAA

0.1 it

Form 990 (2007)

TEEA0107 09/10/07

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Form 990 (2007) WASHINGTON COLLEGE ACADEMY 62-0489473 Page 8

Part VI Other Information (continued) Yes No

c At any.time during the calendar year, did the organization maintain an office outside of the United States 91 c I x

• If 'Yes,' enter the name of the foreign country I-- - - - - - - - - - - - - - - - - - - - - - - -

92 Section 4947(a)(1) nonexempt charitable trusts filing Form 990 in lieu of Form 1041- Check here

and enter the amount of tax-exempt interest received or accrued during the tax year 92Part VII Analysis of Income - Producina Activities (See the instructions.)

Note:otherw

93

a

b

c

d

e

If

g94

95

96

97

a

b

98

99

100

101

102

103

b

c

d

e

104

105 Total (add line 104, columns (B), (D), and (E))

Note : Line 105 nlus line 1P. Part I. should enual the amount on line 19_ Part

25,834.

Part VIII Relationshi p of Activities to the Accomplishment of Exempt Purposes (See the instructions.Line No. Explain how each activity for which income is reported in column (E) of Part VII contributed importantly to the accomplishment

of the organization's exempt purposes (other than by providing funds for such purposes)

93a TUITION COLLECTED IS USED FOR EDUCATIONAL PURPOSES.

Part IX Information Regarding Taxa ble Subsidiaries and Disregarded Entities (See the instructions. N/A(A)

Name, address, and EIN of corporation,partnership, or disregarded entity

Part X Information Reaardina Tran

(B)

Percentage ofownership interest

%

$

sfers Associa ed w

Unrelated business income Excluded by section 512, 513, or 514

.nter gross amounts unlessse indicated

(A)Business code

(B)Amount

(C)Exclusion code

(D)Amount

Related o exemptfunction income

Program service revenue

TUITION & FEES 1,250.

Medicare/Medicaid payments

Fees & contracts from government agencies

Membership dues and assessments

Interest on savings & temporary cash invmnts 14 664.

Dividends & interest from securities

Net rental income or (loss) from real estate

debt-financed property 16 18,678.

not debt-financed property

Net rental income or (loss) from pers prop

Other investment income

Gain or (loss) from sales of assetsother than inventory 1 990.

Net income or (loss) from special events

Gross profit or (loss) from sales of inventory

Other revenue a

Forgiveness of debt 1 537.FUNDRAISER 1 3,715.

Subtotal (add columns ( B), (D), and (E)) 24,584. 1 1,250.

a Did the organization, during the year, receive any funds, directly or indirectly, to pay

b Did the organization, during the year, pay premiums, directly or Ind

u...-. is 'v,..-' ,'., ia) f,io r'.,..,, $n7n -.4r.,..,, n7911 An-

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May 21 09 08:27a ARTISTRY-in-GLASS 423-257-5512 p.2

•05/20 / 2009 04:46 FAX 4237533370 SHERRY [003

Form

P( t Xl I Information Regarding Transfers To and From Controlled Entities. Complete only if theorganization is a controlling organization as defined in section 512(b)(. N/A

Yes No

106 Did the reporti ng organization make any transfers to a controlled enUly as defined in section 512(b)(13) of the Code' IfYes.' complete the schedule below for each controlled enti

Name. address, of eachcontrolled entity

Employer fdintificationNumber

oeservlon oftsrgfor (ODtransferAmount o

a---------------------------

-----------------------------

-------------------------

---------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - -

Totals

Yes NO

107 Did the reporting organization recsly& any transfers from a controlled entity as defined in section 512(b)(13) of the Coda? If'Yes.' corriDtete the schedule below for each controlled entity.

(A)Name, address, of each

controled entity

(BEmployer Identification

Nutnbar

( )Description of

transfer (VivaAmount nsfer

a--------------------------

---------------------------

c

r------------------------

^ --------------------------

Totals • • ..

Yes No

108 Did the organization have a binding written contrect In effect on August 17.2006 , covering the interest , rents , royaitres, andannuities described in Question 107 above?

.. . . .... . .......... .... ...... ....... FTPlease

'c^r cf. coin rv I ecnrVAN menunct tits return. I ncludl p^p^ i rJrOules ond at^te nb, ana m the tfas! d my Mnowledgs and bohef. II e-

trw, rtl ef papYer ( vl^n o1nCtrj o ^1^"1n an oe wnxD ^r pwrm^vs rq ww^.rgpe

SignHere

slortat.e w om Oats,. Lam' 2• ^f'N^No 7^ie,sgsv^2 .Zo-^j

Toe or srnt name and this. "--

PaidQom.

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Flrm-snune (ar Sherry K. Gi ert CPA

oyes ilo . 102 Bacon RO EJN 91Only ZP 44 Jonesborough TN 37659 - 3741 f n. oo. 01 423 753-7019OAA

-1

Form 990 (2007)

TV-04119 0111o1'07

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SCHEDULE AOrganization Exempt Under

(Form 990 or 990-EZ)Section 501(c)(3)

(Except Private Foundation ) and Section 501(e), 501(f), 501(k),501(n), or 4947(axl) Nonexempt Charitable Trust

Supplementary Information - (See separate instructions.)Deenal^RevenueeServicery ► MUST be completed by the above organizations and attached to their Form 990 or 990-EZ.

OMB No 1

2007

Name of the organization Employer identification number

WASHINGTON COLLEGE ACADEMY 62-0489473

Part I Compensation of the Five Highest Paid Employees Other Than Officers , Directors , and Trustees(See instructlnns List each one. If there are none enter 'None.')

(a) Name and address of eachemployee paid more

than $50 , 000

(b) Title and averagehours per week

devoted to position

(c) Compensation (d) Contributionsto employee benefitplans and deferred

compensation

(e) Expenseaccount and other

allowances

N/A--------------------------

--------------------------

--------------------------

--------------------------

--------------------------

Total number of other emp loyees paidover $50,000 None

I >,-

a9^ `

I Part II -AA I Compensation of the Five Highest Paid Independent Contractors for Professional Services(See instructions. List each one (whether individuals or firms). If there are none, enter 'None.')

(a) Name and address of each independent contractor paid more than $50 , 000 (b) Type of service (c) Compensation

N/A-----------------------------------------

-----------------------------------------

-----------------------------------------

-----------------------------------------

-----------------------------------------

Total number of others receiving over$50,000 for professional services None

0

Part II - B` I Compensation of the Five Highest Paid Independent Contractors for Other Services(List each contractor who performed services other than professional services, whether individuals orfirms. If there are none, enter 'None.' See instructions.)

(a) Name and address of each independent contractor paid more than $50,000

N/A-----------------------------------------

(b) Type of service I (c) Compensation

Total number of other contractors receivingover $50,000 for other services None

BAA For Paperwork Reduction Act Notice , see the Instructions for Form 990 and Form 990-EZ. Schedule A (Form 990 or 990-EZ) 2007

TEEA0401 12/27/07

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Schedule A (Form 990 or 990-EZ) 2007 WASHINGTON COLLEGE ACADEMY 62-0489473 Page 2

1Part III Statements About Activities (See instructions .) Yes No

1. During the year, has the organization attempted to influence national, state, or local legislation, including any attemptto influence public opinion on a legislative matter or referendum? If 'Yes,' enter the total expenses paid

or incurred in connection with the lobbying activities ► $(Must equal amounts on line 38, Part VI-A, or line i of Part VI-B) X

Organizations that made an election under section 501(h) by filing Form 5768 must complete Part VI-A Otherorganizations checking 'Yes' must complete Part VI-B AND attach a statement giving a detailed description of thelobbying activities

2 During the year, has the organization, either directly or indirectly, engaged in any of the following acts with anysubstantial contributors, trustees, directors, officers, creators, key employees, or members of their families, or with anytaxable organization with which any such person is affiliated as an officer, director, trustee, majority owner, or principalbeneficiary? (If the answer to any question is 'Yes,' attach a detailed statement explaining the transactions )

a Sale, exchange , or leasing of property?

b Lending of money or other extension of credit'

c Furnishing of goods, services, or facilities'

2al X

2bl X

2cl X

d Payment of compensation (or payment or reimbursement of expenses if more than $1,000)' 1 2dJ X

e Transfer of any part of its income or assets? 2e X

3a Did the organization make grants for scholarships, fellowships, student loans, etc' (If 'Yes,' attach anexplanation of how the organization determines that recipients qualify to receive payments) 3a X

b Did the organization have a section 403(b) annuity plan for its employees? 3b X

c Did the organization receive or hold an easement for conservation purposes, including easementsto preserve open space, the environment, historic land areas or historic structures? If'Yes,' attach a detailed statement 3c X

d Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services? 3d X

4a Did the organization maintain any donor advised funds? If 'Yes,' complete lines 4b through 4g If 'No,' complete lines4f and 4g 4a X

b Did the organization make any taxable distributions under section 49667 4b

cDid the organization make a distribution to a donor, donor advisor, or related person' 4c

d Enter the total number of donor advised funds owned at the end of the tax year ►

e Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year ►

f Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advisedfunds included on line 4d) where donors have the right to provide advice on the distribution or investment ofamounts in such funds or accounts ► 0

g Enter the aggregate value of assets held in all funds or accounts included on line 4f at the end of the tax year ► 0.

BAA TEEA0402 12/27/07 Schedule A (Form 990 or Form 990-EZ) 2007

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Schedule A (Form 990 or 990-EZ) 2007 WASHINGTON COLLEGE ACADEMY 62-0489473 Page 3

Part 1V Reason for Non-Private Foundation Status (See instructions.)

I certify that the organization is not a private foundation because it is- (Please check only ONE applicable box )

5 A church, convention of churches , or association of churches Section 170(b)(1)(A)(i)

6 XQ A school Section 170(b)(1)(A)( ii) (Also complete Part V.)

7 FIA hospital or a cooperative hospital service organization Section 170 (b)(1)(A)(iii)

8 A federal, state, or local government or governmental unit. Section 170(b)(1)(A)(v)

9 FIA medical research organization operated in conjunction with a hospital Section 170(b)(1)(A)(iii) Enter the hospital ' s name, city,

and state---------------------------------------------------------

10 r] An organization operated for the benefit of a college or university owned or operated by a governmental unit Section 170(b)(1)(A)(rv)(Also complete the Support Schedule in Part IV-A )

11 a 1-1 An organization that normally receives a substantial part of its support from a governmental unit or from the general publicSection 170(b)(1)(A)(vi) (Also complete the Support Schedule in Part IV-A )

11 b F] A community trust Section 170(b)(1)(A)(vi) (Also complete the Support Schedule in Part IV-A )

12 1-1 An organization that normally receives, (1) more than 33-1/3% of its support from contributions, membership fees, and gross receiptsfrom activities related to its charitable, etc, functions - subject to certain exceptions, and (2) no more than 33-1/3% of its supportfrom gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by theorganization after June 30, 1975 See section 509(a)(2) (Also complete the Support Schedule in Part IV-A )

13 LIAn organization that is not controlled by any disqualified persons (other than foundation managers) and otherwise meets therequirements of section 509(a)(3) Check the box that describes the type of supporting organization 0,

n Type I F] Type II n Type III-Functionally Integrated F] Type III-Other

Provide the following information about the supported organizations . (See instructions.)

(a)Name(s) of supported

organization(s)

(b)Employer identification

number (EIN)

(c)Type of

organization (describedin lines 5 through 12above or IRC section)

(d)Is the supported

organization listed inthe supportingorganization'sgoverningdocuments?

(e)Amount ofsupport

Yes No

Total

14 n An organization organized and operated to test for public safety Section 509(a)(4) (See instructions.)

BAA Schedule A (Form 990 or 990-EZ) 2007

TEEA0407 12127107

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Schedule A (Form 990 or 990-EZ) 2007 WASHINGTON COLLEGE ACADEMY 62-0489473 Page 4

Part IV-A Support Schedule (Complete only if you checked a box on line 10, 11, or 12) Use cash method ofaccounting. N/A

Note : You may use the worksheet in the instructions for converting from the accrual to the cash method of accounting

Calendar year (or fiscal year (a) (b) (c) (d) (e)beginning in) 2006 2005 2004 2003 Total

15 Gifts, grants, and contributionsreceived (Do not includeunusual grants See line 28

16 Membership fees received

17 Gross receipts from admissions,merchandise sold or services performed,or furnishing of facilities in any activitythat is related to the organization'scharitable, etc, purpose

18 Gross income from interest, dividends,amts rec'd from payments on securitiesloans (sec 512(a)(5)), rents, royalties,income from similar sources, andunrelated business taxable income (lesssec 511 taxes) from businesses acquiredby the organzation after June 30, 1975

19 Net income from unrelated businessactivities not included in line 18

20 Tax revenues levied for theorganization's benefit andeither paid to it or expendedon its behalf

21 The value of services orfacilities furnished to theorganization by a governmentalunit without charge Do notinclude the value of services orfacilities generally furnished tothe p ublic without charge

22 Other income Attach aschedule Do not includegain or (loss) from sale ofcapital assets

23 Total of lines 15 through 22

24 Line 23 minus line 17

25 Enter 1 % of line 23

26 Organizations described on lines 10 or 11 : a Enter 2% of amount in column (e), line 24 26a

b Prepare a list for your records to show the name of and amount contributed by each person (other than a governmental unit or publiclysupported organization) whose total gifts for 2003 through 2006 exceeded the amount shown in line 26a Do not file this list with yourreturn Enter the total of all these excess amounts 26b

c Total support for section 509(a)(1) test Enter line 24, column (e) 26c

d Add- Amounts from column (e) for lines' 18 19

22 26b 26 d

e Public support (line 26c minus line 26d total) 26e

f Public support percentage (line 26e (numerator) divided by line 26c (denominator)) 26f %

27 Organizations described on line 12:a For amounts included in lines 15, 16, and 17 that were received from a 'disqualified person,' prepare a list for your records to show thename of, and total amounts received in each year from, each 'disqualified person ' Do not file this list with your return . Enter the sum ofsuch amounts for each year

(2006) (2005) (2004) (2003)------------ ------------ ------------ -------------

bFor any amount included in line 17 that was received from each person (other than 'disqualified persons'), prepare a list for your recordsto show the name of, and amount received for each year, that was more than the larger of (1) the amount on line 25 for the year or (2)$5,000 (Include in the list organizations described in lines 5 through 1 1 b, as well as individuals) Do not file this list with your return.After computing the difference between the amount received and the larger amount described in (1) or (2), enter the sum of thesedifferences (the excess amounts) for each year

(2006)------------ (2005)------------ (2004)------------ (2003)------

c Add- Amounts from column (e) for lines 15 16

17 20 21 - 1 27cl

d Add Line 27a total

e Public support (line 27c total minus line 27d total)

and line 27b total 27d

27e

27g- %

27h %

f Total support for section 509(a)(2) test- Enter amount from line 23, column (e) 0- I 27f

g Public support percentage (line 27e (numerator) divided by line 27f (denominator))

In Investment income percentage ( line 18 , column (e) (numerator) divided by line 27f (denor

i^__u_l Grants

.: Fo

i.an organ;zat;on

dcsw cu n.

cr;bad :nliric10. 11 or 12 that recc '.°d ° unusual Grants dur nn 2003 thrniugh 2006 prepare a2o v^^uouai w

list for your records to show, for each year, the name of thecontributor, the date anc^ amount of the grant, and a brief description of thenature of the grant Do not file this list with your return. Do not include these grants in line 15

BAA TEEA0403 12/27/07 Schedule A (Form 990 or 990-EZ) 2007

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Schedule A (Form 990 or 990-EL) 2007 WASHINGTON COLLEGE ACADEMY 62-0489473 Page 5

Part V Private School Questionnaire (See Instructions.)(To be completed ONLY by schools that checked the box on line 6 in Part IV)

Yes No

29 Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,other governing instrument, or in a resolution of its governing body? 29 X

30 Does the organization include a statement of its racially nondiscriminatory policy toward students in all its brochures,catalogues, and other written communications with the public dealing with student admissions, programs,and scholarships? 30 X

31 Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media duringthe period of solicitation for students, or during the registration period if it has no solicitation program, in a way thatmakes the policy known to all parts of the general community it serves?

---31 X

If 'Yes,' please describe, if 'No,' please explain (If you need more space, attach a separate statement )

Information contained in_printed school brochere and------------------- ---------------------------------distributedupon on -request - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

----------------------------------------------------------

----------------------------------------------------------32 Does the organization maintain the following

a Records indicating the racial composition of the student body, faculty, and administrative staff? 32a X

b Records documenting that scholarships and other financial assistance are awarded on a raciallynondiscriminatory basis? 32b X

c Copies of all catalogues, brochures, announcements, and other written communications to the public dealingwith student admissions, programs, and scholarships? 32c X

d Copies of all material used by the organization or on its behalf to solicit contributions? 32d X

If you answered ' No' to any of the above, please explain ( If you need more space, attach a separate statement )

----------------------------------------------------------

---------------------------------------------------------zn

33 Does the organization discriminate by race in any way with respect to

a Students' rights or privileges' 33a X

b Admissions policies? 1 33bl I X

c Employment of faculty or administrative staff? 33c X

d Scholarships or other financial assistance? 33d X

e Educational policies' 33e X

f Use of facilities' 33f X

g Athletic programs? 33g X

h Other extracurricular activities' 33h X

If you answered 'Yes' to any of the above, please explain (If you need more space, attach a separate statement )

34a Does the organization receive any financial aid or assistance from a governmental agency' 34aI I X

b Has the organization's right to such aid ever been revoked or suspended' 34b X

If you answered 'Yes' to either 34a or b, please explain using an attached statement

f`J 0005 the organization certify (rlal it IIdJ WIIIpIICU with the aNNiwau^c rcyuu cimc,,.o 01 J,

sections 4 01 through 4 05 of Rev Proc 75-50, 1975-2 C B 587, covering racialnondiscrimination' If 'No,' attach an explanation 35 I X

BAA TEEA0404 12/27/07 Schedule A (Form 990 or 990-EZ) 2007

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Schedule A (Form 990 or 990 -EZ) 2007 WASHINGTON COLLEGE ACADEMY 62-0489473 Page 6

PartVI -A Lobbying Expenditures by Electing Public Charities (See instructions)(To be completed ONLY by an eligible organization that filed Form 5768) N/A

Check 11 a ifLthe organization belongs to an affiliated grou p Check - b I I if you checked 'a' and 'limited control' provisions apply .

Limits on Lobbying Expenditures Affiliated group To be completed

'(The term 'expenditures' means amounts paid or incurred)totals for all electing

organizations

36 Total lobbying expenditures to influence public opinion (grassroots lobbying) 36

37 Total lobbying expenditures to influence a legislative body (direct lobbying) 37

38 Total lobbying expenditures (add lines 36 and 37) 38

39 Other exempt purpose expenditures 39

40 Total exempt purpose expenditures (add lines 38 and 39) 40

41 Lobbying nontaxable amount Enter the amount from the following table -

If the amount on line 40 is - The lobbying nontaxable amount is -

Not over $500,000 20% of the amount on line 40

Over $500,000 but not over $1,000,000 $100,000 plus 15% of the excess over $500,000 _

Over $1,000,000 but not over $1,500,000 $175,000 plus 10% of the excess over $1,000,000 41

Over $1,500,000 but not over $17,000,000 $225,000 plus 5% of the excess over $1,500,000

Over $17,000,000 $1,000,000

42 Grassroots nontaxable amount (enter 25% of line 41) 42

43 Subtract line 42 from line 36 Enter -0- if line 42 is more than line 36 43

44 Subtract line 41 from line 38 Enter -0- if line 41 is more than line 38 44

Caution : If there is an amount on either line 43 or line 44, you must file Form 4720

4 -Year Averaging Period Under Section 501(h)(Some organizations that made a section 501(h) election do not have to complete all of the five columns below

See the instructions for lines 45 through 50 )

Lobbying Expenditures During 4 -Year Averaging Period

Calendar year (a) (b) (c) (d) (e)(or fiscal year 2007 2006 2005 2004 Totalbeginning in)

45 Lobbying nontaxableamount

46 Lobbying ceiling amount(150% of line 45(e))

47 Total lobbyingexpenditures

48 Grassroots non-taxable amount

49 Grassroots ceiling amount(150% of line 48(e))

50 Grassroots lobbyingexpenditures

Part Vl-B I Lobbying Activity by Nonelecting Public Charities(For reporting only by organizations that d id not complete Part VI-A) (See instructions )

During the year, did the organization attempt to influence national, state or local legislation, including anyattempt to influence public opinion on a legislative matter or referendum, through the use of.

a Volunteers

b Paid staff or management (Include compensation in expenses reported on lines c through h.)

c Media advertisements

d Mailings to members, legislators, or the public

e Publications, or published or broadcast statements

f Grants to other organizations for lobbying purposes

g Direct contact with legislators, their staffs, government officials, or a legislative body

h Rallies, demonstrations, seminars, conventions, speeches, lectures, or any other means

N/A

Amount

i Total lobbying expenditures (add lines c through h.) IIf 'Yes' to any of the above, also attach a statement giving a detailed description of the lobbying activities

BAA Scneauie A (Form 990 or 990-EL) 2007

TEEA0405 12/27/07

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Schedule A (Form 990 or 990-EZ) 2007 WASHINGTON COLLEGE ACADEMY 62-0489473 Page 7

art VII Information Regarding Transfers To and Transactions and Relationships With NoncharitableExempt Organizations (See instructions)

51' Did the reporting organization directly or indirectly engage in any of the following with any other organization describedof the Code (other than section 501 (c)(3) organizations) or in section 527, relating to political organizations?

in section 501(c)

a Transfers from the reporting organization to a noncharitable exempt organization of Yes No

(i)Cash 51 a (i) X

(ii)Other assets a (ii) X

b Other transactions-

(i)Sales or exchanges of assets with a noncharitable exempt organization b (i) X

(ii)Purchases of assets from a noncharitable exempt organization b (ii) X

(iii)Rental of facilities, equipment , or other assets b (iii) X

(iv) Reimbursement arrangements b (iv) X

(v)Loans or loan guarantees b (v) X

(vi)Performance of services or membership or fundraising solicitations b (vi) X

c Sharing of facilities, equipment , mailing lists, other assets, or paid employees c Xd If the answer to any of the above is ' Yes,' comp lete the following schedule Column (b) should always show the fair marthe goods, other assets , or services given by the reporting organization If the organization received less than fair markany transaction or sharing arrangement , show in column (d) the value of the goods, other assets, or services received

ket value ofet value in

(a)Line no

(b)Amount involved

(c)Name of noncharitable exempt organization

(d)Description of transfers , transactions , and sharing arrangements

52a Is the organization directly or indirectly affiliated with, or related to, one or more tax-exempt organizationsdescribed in section 501(c) of the Code (other than section 501 (c)(3)) or in section 527 -F] Yes No

TEEA0406 12/27/07

BAA Scheduie A (Form 990 or 990 -EZ) 2007

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WASHINGTON COLLEGE ACADEMY 62-0489473 1a .

Form 990, Page 2, Part II, Line 43Other Expenses Stmt

Other expenses notcovered above (itemize)

(A)Total

(B)

Program

services

(C)Management

and general

(D)Fundraising

LICENSES & PERMITS 40. 0. 40. 0.

MISCELLANEOUS 132. 0. 132. 0.

FUNDRAISING 1,818. 499. 0. 1,319.

BAD DEBTS 155. 0. 155. 0.

Total 2,145. 499. 327. 1,319.

Form 990. Part VI, Page 7, Line 90aStates Filed In

Tennessee

Form 990, Page 4, Part IV, Line 65

Other Liabilities Statement

Beginning End ofLine 65 - Other Liabilities : of Year Year

PAYROLL TAX LIABILITIES 1,454. 437.

Total 1,454. 437.

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Par4V-{

ackMe rc4

Washington College AcademytFounded 1780 - Chartered July 8, 1795

NBoard of TrusteesCo^Ae n -^'ion

Title Name Address Telephone Term

President Keith Jeffers 174 280 Keebler RoadLimestone TN

423-257-4481423-948-0960

Chairman Alan K. Hayes '71 132 Kyker Tester RoadTelford, TN 37690

423-753-8082423-502-2194

20071-Year Term

Vice-Chair Howard C. Dunbar '55 PO Box 1215Johnson City , TN 37601

423-915-0345423-928-3101

20082-Year Term

Secretary Martha Nell S. Estes 157 2374 Old State Route 34Limestone TN 37681

423-257-1199423-552-1376

20082-Year Term

Treasurer W. Richard Donoho '55 140 Leonard RoadTelford, TN 37690

423-257-5555423-257-5512

20093-Year Term

Chaplain Kent Pettit P. O. Box 515 423-747-1848Milligan TN 37682 423-926-5108

Alumni Lynn Willis '69 202 Newt Good Road 423-257-6725President Limestone TN 37681 423- 426-3770 Automatic

Member Farris M. Broyles '52 105 R. E. Broyles Road 423-257-6655 2007Limestone, TN 37681 423-753-4477 1-Year Term

Member Robert S. Cutshaw 151 175 West Street 423-783-9962 2009Greeneville TN 37745 3-Year Term

Member W. Lynn Hall `68 174 Bill West Road 423-257-6408 2009Limestone, TN 37681 423-426-3947 3-Year Term

Member Brenda L. Hays '62 206 Beartrack Road 423-753-7973 2007Jonesborough, TN 37659 423-753-1190 1-Year Term

Member A. E. 'Fred' Jablonski 165 1205 Ridgeway Road 423-926-5997 2007Johnson Ci , TN 37601 423-737-0627 1-Year Term

Member Christine C. Keys `62 2281 Old State Route 34 423-257-2295 2008Limestone, TN 37681 2-Year Term

Member Rev. Richard M. Long Friend 70 Brown Springs Road 423-422-4472 2009Mosheim TN 37818 3- Year Term

Member Dr. Robert R. On Friend 750 Old Fort Lane 423-257-3294 2007Chuckey, TN 37641 1-Year Term

Member Charles 'Bill' Saylor `63 PO Box 381 423-753-5979 2007Jonesborougb, TN 37659 423-282-6341 1-Year Term

Member Farrell Snyder Friend P. O. Box 8561 423-477-7911 2009Gray TN 37615 423-773-9430 3- Year Term

Member Dillard Vest 62 5977 Tasculum Station 423-798-9244 2009Greeneville TN 37743 3- Year Term

Member Naomi L. West 669 515 Telford School Road 423-257-6518 2009Limestone, TN 37681 3-Year Term

Member Earl Fletcher Jr. '68 360 Marcella Drive 423-422-4364 2008Mosheim TN 37818 423-470-0240- 2- Year Term

President Dr. Katherine G. Fiala 137 2435 Old State Route 34 423-257-6548 LifetimeEmeritus Limestone, TN 37681

President Dr. Calvin B. Garland '44 1608 Hickory Court 423-926-7363 LifetimeEmeritus Johnson Ci ty , TN 37601President Dr. T. Henry Jablonski '80 1300 Iris Avenue 423-928-3093 lifetimeEmeritus Johnson Ci ty, TN 37601 423-306-0241

Board Dr. Alice J. Barkley DECEASED Shannondale Health Care 865-690-3411 LifetimeEmeritus 801 Vanosdale Drive 7424 Middlebrook Pike

Knoxville, TN 37909Board Dr. Mary S. Going DECEASED Wellington Place of JC 423-915-0110 LifetimeEmeritus 425 2003 Waters Edge Drive

Johnson City, TN 37601Board Dr. W. A. Maloney '34 2020 Sherwood Drive 423-926-1487 LifetimeEmeritus Johnson City, TN 37601Board Dr. R. E. Wilhoit 131 1608 Fairway Drive 423-928-5845 Lifetime