2026-04-02T16:02:59-05:00 2025-06-30 620647474 BLACKBURN CHILDERS & STEAGALL PLC 541 SID MARTIN ROAD SUITE C JOHNSON CITY TN 37615 990 2024-07-01 540801168 SULLINS ACADEMY SULL 2766694101 22218 SULLINS ACADEMY DRIVE BRISTOL VA 242025968 JON WEATHERLY BOARD CHAIR 2766694101 2026-04-01 1 0 SARAH PRESNELL P01269151 4232824511 2026-04-01 2024 2025-03-06 01:10:19Z JON WEATHERLY 22218 SULLINS ACADEMY DRIVE BRISTOL VA 242025968 2336850 0 X WWW.SULLINSACADEMY.ORG X 1971 VA ELEMENTARY AND PRESCHOOL EDUCATION 6 6 49 35 0 0 113326 79213 1742261 1501310 186316 647934 35490 54453 2077393 2282910 214397 141941 0 0 1673610 1473805 0 0 49466 497899 574993 2385906 2190739 -308513 92171 8329398 8130706 401124 289622 7928274 7841084 X TO ENSURE SUCCESS FOR OUR CHILDREN IN THE GLOBAL COMMUNITY, THE MISSION OF SULLINS ACADEMY IS TO PROVIDE A POSITIVE EDUCATIONAL ENVIRONMENT, FOSTERING ACADEMIC EXCELLENCE WHILE MAINTAINING A COMMITMENT TO THE CORE VALUES OF INTEGRITY, HONESTY, RESPECT, RESPONSIBILITY AND SERVICE TO OTHERS. WE DEVELOP MINDS AND CHARACTER. 0 0 1717510 141941 1501310 CREATE AN ATMOSPHERE OF ACADEMIC EXCELLENCE FOR CHILDREN FROM PRESCHOOL TO EIGHTH GRADE. 1717510 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 16 0 1 49 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X TWANA MEADE ASSOC HEAD FOR BUSINESS AFFAIRS 2766694101 22218 SULLINS ACADEMY DRIVE BRISTOL VA 242025968 JOSHUA BUSSCHER DIRECTOR 2.00 X 0 0 0 WILL JOHNSON DIRECTOR 2.00 X 0 0 0 LINDA BRITTLE DIRECTOR 2.00 X 0 0 0 ERIN HOFFMAN TREASURER 2.00 X X 0 0 0 BETHANY ARNOLD SECRETARY 2.00 X X 0 0 0 JON WEATHERLY CHAIRMAN 2.00 X X 0 0 0 ROY VERMILLION HEAD OF SCHOOL 45.00 X 74722 0 6618 TWANA MEADE ASSOC. HEAD FOR BUSINESS A 50.00 X 77240 0 2528 151962 0 9146 0 0 0 0 0 79213 8142 79213 TUITION AND FEES 611710 1501310 1501310 1501310 153232 153232 486349 8353 0 0 486349 8353 494702 494702 108393 53940 54453 54453 2282910 1501310 0 702387 141941 141941 162767 120448 37436 4883 1159169 857783 266609 34777 19869 14703 4569 597 35805 26495 8235 1075 96195 71184 22125 2886 19600 19600 19094 19094 3387 186 1885 1316 4013 4013 200856 184787 14060 2009 185993 171113 13020 1860 SUPPLIES 66747 50060 16687 MISCELLANEOUS EDUCATION 41766 41766 OTHER EXPENSES 12410 12410 VAIS DUES AND EXPENSES 7263 7263 13864 13358 443 63 2190739 1717510 423763 49466 2640 2640 1591700 1290910 15000 15000 47272 52271 13524 11640 5714124 2880673 2982726 2833451 3671651 3919499 4885 5295 8329398 8130706 315011 239271 86113 50351 401124 289622 X 4197929 3857517 3730345 3983567 7928274 7841084 8329398 8130706 92171 -179362 0 X X 0 1 X 1 0 X 628605 150294 101535 74507 79213 1034154 628605 150294 101535 74507 79213 1034154 16055 1018099 67038 128711 127805 186316 153232 663102 1697256 8392998 0.59980 0.64980 X SCHEDULE A, PART I, LINES 2 AND 7 THE EPISCOPAL DAY SCHOOL OF BRISTOL, INC. RECEIVED AN IRS DETERMINATION LETTER ON MAY 20, 1969 STATING THAT THE ORGANIZATION WAS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ADDITIONALLY, THE ORGANIZATION WAS ALSO DETERMINED NOT TO BE A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE CODE BECAUSE IT WAS AN ORGANIZATION DESCRIBED IN SECTION 509(A)(1) AND SECTION 170(B)(1)(A)(II), WHICH IS IDENTIFIED IN SCHEDULE A, PART I, LINE 2 AS A SCHOOL. IT IS AN EDUCATIONAL ORGANIZATION WHICH NORMALLY MAINTAINS A REGULAR FACULTY AND CURRICULUM AND NORMALLY HAS A REGULARLY ENROLLED BODY OF PUPILS OR STUDENTS IN ATTENDANCE AT THE PLACE WHERE ITS EDUCATIONAL ACTIVITIES ARE REGULARLY CARRIED ON. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3595398 374343 136000 3833741 3301448 427197 133247 3595398 3120923 310136 129611 3301448 3441526 -181008 139595 3120923 2842344 599182 3441526 1 0 1131388 1131388 3901687 2217418 1684269 272116 254322 17794 408933 408933 0 2833451 CERTIFICATE OF DEPOSIT 202520 F CASH EQUIVALENTS 21900 F EQUITY SECURITIES 2108931 F MUTUAL FUNDS - EQUITY 523937 F MUTUAL FUNDS - FIXED INCOME 409155 F FIXED INCOME - US TREASURY BONDS 103293 F FIXED INCOME - MUNICIPAL BONDS 45331 F GOVERNMENT MORTGAGE-BACKED SECURITIES 358420 F CORPORATE BONDS 146012 F 3919499 X 1996453 -179362 53940 -125422 2121875 19094 141941 161035 2282910 2083643 53940 53940 2029703 19094 141941 161035 2190738 PART V, LINE 4: THE INTENDED USE OF THE ACADEMY'S ENDOWMENT FUNDS IS TO SUPPLEMENT FACULTY AND STAFF COMPENSATION. PART X, LINE 2: NOTE 12 - UNCERTAINTY IN INCOME TAXES THE ACADEMY FOLLOWS THE FASB ASC, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. AS OF JUNE 30, 2025, THE ACADEMY HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE ACADEMY'S FINANCIAL STATEMENTS. THE ACADEMY'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. NO INTEREST OR PENALTIES WERE RECORDED DURING THE YEAR ENDED JUNE 30, 2025. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES NETTED AGAINST FUNDRAISING REVENUE 53,940. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSIONS OFFSETTING TUITION AND FEES 141,941. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES NETTED AGAINST FUNDRAISING REVENUE 53,940. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSIONS OFFSETTING TUITION AND FEES 141,941. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ANYTIME ANY ADVERTISEMENT IS PUBLISHED, THIS NOTICE IS ALSO PUBLISHED. 1 CASH SCHOLARSHIPS FOR STUDENTS ATTENDING SULLINS ACADEMY IN WASHINGTON COUNTY, VIRGINIA 22 141941 N/A N/A PART I, LINE 2: THE ACADEMY ENCOURAGES PARENTS, WHEN THEY ARE CONSIDERING THE FINANCIAL OBLIGATIONS OF A SULLINS ACADEMY EDUCATION, TO FIRST STUDY THEIR FAMILY'S OWN RESOURCES. TO COVER THE DIFFERENCE BETWEEN THE COST OF THE ACADEMY'S PROGRAM AND THE FAMILIY'S CONTRIBUTION, THE PARENTS MAY CHOOSE TO APPLY FOR FINANCIAL AID. SULLINS ACADEMY OFFERS A LIMITED NUMBER OF NEED-BASED SCHOLARSHIPS, AS DETERMINED BY THE NEEDS ANALYSIS SYSTEM OF THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID. CURRENT FAMILIES WHO ARE RECEIVING AID, OR COME TO NEED AID, ARE CONSIDERED FIRST. REMAINING SCHOLARSHIP ASSISTANCE IS GIVEN ON A FIRST-COME, FIRST-SERVED BASIS. NEW FAMILIES ARE ALWAYS WELCOME TO APPLY, WITH SERIOUS APPLICANTS COMPLETING PAPERWORK PRIOR TO FEBRUARY 1. ALL INFORMATION IS HELD IN THE STRICTEST CONFIDENCE. TWANA MEADE ASSOCIATE HEAD FOR BUSINESS AFFAIRS 25257 TWANA MEADE IS THE ASSOCIATE HEAD FOR BUSINESS AFFAIRS OF SULLINS ACADEMY, INC. KINGPOST CONSTRUCTION, INC. DOES SOME REPAIRS/RENOVATIONS, MOWING AND MAINTENANCE AROUND THE ACADEMY'S CAMPUS. THE OWNER OF KINGPOST CONTSTRUCTION, INC. IS THE HUSBAND OF THE ACADEMY'S ASSOCIATE HEAD FOR BUSINESS AFFAIRS. THE TOTAL PAID TO KINGPOST CONSTRUCTION, INC. FOR THE YEAR ENDED 06/30/25 WAS $25,257.31. 0 FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE ORGANIZATION'S FINAL FORM 990 (INCLUDING ALL REQUIRED SCHEDULES), AS ULTIMATELY FILED WITH THE INTERNAL REVENUE SERVICE, WAS PROVIDED TO EACH PERSON WHO WAS A VOTING MEMBER OF THE GOVERNING BODY AT THE TIME THE FORM 990 WAS PROVIDED, WHETHER IN PAPER OR ELECTRONIC FORM, BEFORE ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS PRESENTED AT THE ANNUAL BOARD RETREAT (WHERE NEW DIRECTORS ARE IN ATTENDANCE) FOR ALL DIRECTORS TO READ AND SIGN. ALL EMPLOYEES ARE GIVEN THE CONFLICT OF INTEREST POLICY AT THE BEGINNING OF THE SCHOOL YEAR OR UPON HIRING, IF A NEW EMPLOYEE. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 SULLINS ACADEMY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT THE SCHOOL BUSINESS OFFICE DURING REGULAR BUINESS HOURS OR BY WRITTEN REQUEST. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT, AND THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.