﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2024v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2026-03-19T10:49:34-04:00</ReturnTs>
    <TaxPeriodEndDt>2025-06-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>450491842</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>BLANKENSHIP CPA GROUP PLLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>2672 NORTH MT JULIET RD</AddressLine1Txt>
        <CityNm>MT JULIET</CityNm>
        <StateAbbreviationCd>TN</StateAbbreviationCd>
        <ZIPCd>371228015</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-07-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>621091031</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>DAVIDSON ACADEMY</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>DAVI</BusinessNameControlTxt>
      <PhoneNum>6158605300</PhoneNum>
      <USAddress>
        <AddressLine1Txt>1414 OLD HICKORY BLVD</AddressLine1Txt>
        <CityNm>NASHVILLE</CityNm>
        <StateAbbreviationCd>TN</StateAbbreviationCd>
        <ZIPCd>372071098</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>LINDSEY JUDD</PersonNm>
      <PersonTitleTxt>HEAD OF SCHOOL</PersonTitleTxt>
      <PhoneNum>6158605300</PhoneNum>
      <SignatureDt>2026-03-18</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>JESSICA FREEMAN CPA</PreparerPersonNm>
      <PTIN>P01261457</PTIN>
      <PhoneNum>6158891153</PhoneNum>
      <PreparationDt>2026-03-18</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="10">
    <IRS990 documentId="RetDoc3" referenceDocumentId="RetDoc10">
      <PrincipalOfficerNm>LINDSEY JUDD</PrincipalOfficerNm>
      <USAddress>
        <AddressLine1Txt>1414 OLD HICKORY BLVD</AddressLine1Txt>
        <CityNm>NASHVILLE</CityNm>
        <StateAbbreviationCd>TN</StateAbbreviationCd>
        <ZIPCd>372071098</ZIPCd>
      </USAddress>
      <GrossReceiptsAmt>12263277</GrossReceiptsAmt>
      <GroupReturnForAffiliatesInd>false</GroupReturnForAffiliatesInd>
      <Organization501c3Ind>X</Organization501c3Ind>
      <WebsiteAddressTxt>WWW.DAVIDSONACADEMY.COM</WebsiteAddressTxt>
      <TypeOfOrganizationCorpInd>X</TypeOfOrganizationCorpInd>
      <FormationYr>1982</FormationYr>
      <LegalDomicileStateCd>TN</LegalDomicileStateCd>
      <ActivityOrMissionDesc>DAVIDSON ACADEMY SEEKS TO PREPARE STUDENTS FOR COLLEGE, LIFE, AND ETERNITY.</ActivityOrMissionDesc>
      <VotingMembersGoverningBodyCnt>12</VotingMembersGoverningBodyCnt>
      <VotingMembersIndependentCnt>10</VotingMembersIndependentCnt>
      <TotalEmployeeCnt>200</TotalEmployeeCnt>
      <TotalVolunteersCnt>12</TotalVolunteersCnt>
      <TotalGrossUBIAmt>0</TotalGrossUBIAmt>
      <PYContributionsGrantsAmt>341686</PYContributionsGrantsAmt>
      <CYContributionsGrantsAmt>601238</CYContributionsGrantsAmt>
      <PYProgramServiceRevenueAmt>10611251</PYProgramServiceRevenueAmt>
      <CYProgramServiceRevenueAmt>11419643</CYProgramServiceRevenueAmt>
      <PYInvestmentIncomeAmt>61501</PYInvestmentIncomeAmt>
      <CYInvestmentIncomeAmt>53742</CYInvestmentIncomeAmt>
      <PYOtherRevenueAmt>94804</PYOtherRevenueAmt>
      <CYOtherRevenueAmt>136189</CYOtherRevenueAmt>
      <PYTotalRevenueAmt>11109242</PYTotalRevenueAmt>
      <CYTotalRevenueAmt>12210812</CYTotalRevenueAmt>
      <PYGrantsAndSimilarPaidAmt>553548</PYGrantsAndSimilarPaidAmt>
      <CYGrantsAndSimilarPaidAmt>474172</CYGrantsAndSimilarPaidAmt>
      <CYBenefitsPaidToMembersAmt>0</CYBenefitsPaidToMembersAmt>
      <PYSalariesCompEmpBnftPaidAmt>6494895</PYSalariesCompEmpBnftPaidAmt>
      <CYSalariesCompEmpBnftPaidAmt>7416671</CYSalariesCompEmpBnftPaidAmt>
      <CYTotalProfFndrsngExpnsAmt>0</CYTotalProfFndrsngExpnsAmt>
      <CYTotalFundraisingExpenseAmt>128197</CYTotalFundraisingExpenseAmt>
      <PYOtherExpensesAmt>3740473</PYOtherExpensesAmt>
      <CYOtherExpensesAmt>4417377</CYOtherExpensesAmt>
      <PYTotalExpensesAmt>10788916</PYTotalExpensesAmt>
      <CYTotalExpensesAmt>12308220</CYTotalExpensesAmt>
      <PYRevenuesLessExpensesAmt>320326</PYRevenuesLessExpensesAmt>
      <CYRevenuesLessExpensesAmt>-97408</CYRevenuesLessExpensesAmt>
      <TotalAssetsBOYAmt>11228557</TotalAssetsBOYAmt>
      <TotalAssetsEOYAmt>14270485</TotalAssetsEOYAmt>
      <TotalLiabilitiesBOYAmt>5078338</TotalLiabilitiesBOYAmt>
      <TotalLiabilitiesEOYAmt>8217674</TotalLiabilitiesEOYAmt>
      <NetAssetsOrFundBalancesBOYAmt>6150219</NetAssetsOrFundBalancesBOYAmt>
      <NetAssetsOrFundBalancesEOYAmt>6052811</NetAssetsOrFundBalancesEOYAmt>
      <MissionDesc>DAVIDSON ACADEMY SEEKS TO PREPARE STUDENTS FOR COLLEGE, LIFE, AND ETERNITY.</MissionDesc>
      <SignificantNewProgramSrvcInd>false</SignificantNewProgramSrvcInd>
      <SignificantChangeInd>false</SignificantChangeInd>
      <ExpenseAmt>10234544</ExpenseAmt>
      <GrantAmt>474172</GrantAmt>
      <RevenueAmt>11462413</RevenueAmt>
      <Desc>INSTRUCTIONAL AND STUDENT ACTIVITIES: DAVIDSON ACADEMY PROVIDES EDUCATION TO STUDENTS AGE INFANT - 12TH GRADE AND STRIVES TO PREPARE THESE STUDENTS FOR COLLEGE, LIFE, AND ETERNITY. WE ARE DEDICATED TO PROVIDING A STRONG CHRISTIAN FOUNDATION FOR LIFELONG LEARNING AND COLLEGE PREPARATION BY NURTURING SPIRITUAL, INTELLECTUAL, PHYSICAL, AND SOCIAL GROWTH IN AN INTERDENOMINATIONAL SETTING.</Desc>
      <TotalProgramServiceExpensesAmt>10234544</TotalProgramServiceExpensesAmt>
      <DescribedInSection501c3Ind referenceDocumentId="RetDoc11">true</DescribedInSection501c3Ind>
      <ScheduleBRequiredInd referenceDocumentId="RetDoc1">true</ScheduleBRequiredInd>
      <PoliticalCampaignActyInd>false</PoliticalCampaignActyInd>
      <LobbyingActivitiesInd>false</LobbyingActivitiesInd>
      <SubjectToProxyTaxInd>false</SubjectToProxyTaxInd>
      <DonorAdvisedFundInd referenceDocumentId="RetDoc4">false</DonorAdvisedFundInd>
      <ConservationEasementsInd referenceDocumentId="RetDoc4">false</ConservationEasementsInd>
      <CollectionsOfArtInd referenceDocumentId="RetDoc4">false</CollectionsOfArtInd>
      <CreditCounselingInd referenceDocumentId="RetDoc4">false</CreditCounselingInd>
      <DonorRstrOrQuasiEndowmentsInd referenceDocumentId="RetDoc4">false</DonorRstrOrQuasiEndowmentsInd>
      <ReportLandBuildingEquipmentInd referenceDocumentId="RetDoc4">true</ReportLandBuildingEquipmentInd>
      <ReportInvestmentsOtherSecInd referenceDocumentId="RetDoc4">false</ReportInvestmentsOtherSecInd>
      <ReportProgramRelatedInvstInd referenceDocumentId="RetDoc4">false</ReportProgramRelatedInvstInd>
      <ReportOtherAssetsInd referenceDocumentId="RetDoc4">false</ReportOtherAssetsInd>
      <ReportOtherLiabilitiesInd referenceDocumentId="RetDoc4">true</ReportOtherLiabilitiesInd>
      <IncludeFIN48FootnoteInd referenceDocumentId="RetDoc4">false</IncludeFIN48FootnoteInd>
      <IndependentAuditFinclStmtInd referenceDocumentId="RetDoc4">true</IndependentAuditFinclStmtInd>
      <ConsolidatedAuditFinclStmtInd referenceDocumentId="RetDoc4">false</ConsolidatedAuditFinclStmtInd>
      <SchoolOperatingInd referenceDocumentId="RetDoc5">true</SchoolOperatingInd>
      <ForeignOfficeInd>false</ForeignOfficeInd>
      <ForeignActivitiesInd>false</ForeignActivitiesInd>
      <MoreThan5000KToOrgInd>false</MoreThan5000KToOrgInd>
      <MoreThan5000KToIndividualsInd>false</MoreThan5000KToIndividualsInd>
      <ProfessionalFundraisingInd referenceDocumentId="RetDoc6">false</ProfessionalFundraisingInd>
      <FundraisingActivitiesInd referenceDocumentId="RetDoc6">true</FundraisingActivitiesInd>
      <GamingActivitiesInd referenceDocumentId="RetDoc6">false</GamingActivitiesInd>
      <OperateHospitalInd>false</OperateHospitalInd>
      <GrantsToOrganizationsInd referenceDocumentId="RetDoc7">false</GrantsToOrganizationsInd>
      <GrantsToIndividualsInd referenceDocumentId="RetDoc7">true</GrantsToIndividualsInd>
      <ScheduleJRequiredInd referenceDocumentId="RetDoc8">true</ScheduleJRequiredInd>
      <TaxExemptBondsInd>false</TaxExemptBondsInd>
      <EngagedInExcessBenefitTransInd referenceDocumentId="RetDoc9">false</EngagedInExcessBenefitTransInd>
      <PYExcessBenefitTransInd referenceDocumentId="RetDoc9">false</PYExcessBenefitTransInd>
      <LoanOutstandingInd referenceDocumentId="RetDoc9">false</LoanOutstandingInd>
      <GrantToRelatedPersonInd referenceDocumentId="RetDoc9">true</GrantToRelatedPersonInd>
      <BusinessRlnWithOrgMemInd referenceDocumentId="RetDoc9">true</BusinessRlnWithOrgMemInd>
      <BusinessRlnWithFamMemInd referenceDocumentId="RetDoc9">true</BusinessRlnWithFamMemInd>
      <BusinessRlnWith35CtrlEntInd referenceDocumentId="RetDoc9">false</BusinessRlnWith35CtrlEntInd>
      <DeductibleNonCashContriInd>false</DeductibleNonCashContriInd>
      <DeductibleArtContributionInd>false</DeductibleArtContributionInd>
      <TerminateOperationsInd>false</TerminateOperationsInd>
      <PartialLiquidationInd>false</PartialLiquidationInd>
      <DisregardedEntityInd>false</DisregardedEntityInd>
      <RelatedEntityInd>false</RelatedEntityInd>
      <RelatedOrganizationCtrlEntInd>false</RelatedOrganizationCtrlEntInd>
      <TrnsfrExmptNonChrtblRltdOrgInd>false</TrnsfrExmptNonChrtblRltdOrgInd>
      <ActivitiesConductedPrtshpInd>false</ActivitiesConductedPrtshpInd>
      <ScheduleORequiredInd>true</ScheduleORequiredInd>
      <IRPDocumentCnt>58</IRPDocumentCnt>
      <IRPDocumentW2GCnt>0</IRPDocumentW2GCnt>
      <BackupWthldComplianceInd>true</BackupWthldComplianceInd>
      <EmployeeCnt>200</EmployeeCnt>
      <EmploymentTaxReturnsFiledInd>true</EmploymentTaxReturnsFiledInd>
      <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
      <ForeignFinancialAccountInd>false</ForeignFinancialAccountInd>
      <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      <TaxablePartyNotificationInd>false</TaxablePartyNotificationInd>
      <NondeductibleContributionsInd>false</NondeductibleContributionsInd>
      <QuidProQuoContributionsInd>false</QuidProQuoContributionsInd>
      <Form8282PropertyDisposedOfInd>false</Form8282PropertyDisposedOfInd>
      <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
      <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
      <IndoorTanningServicesInd>false</IndoorTanningServicesInd>
      <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      <SubjectToExcsTaxNetInvstIncInd>false</SubjectToExcsTaxNetInvstIncInd>
      <GoverningBodyVotingMembersCnt>12</GoverningBodyVotingMembersCnt>
      <IndependentVotingMemberCnt>10</IndependentVotingMemberCnt>
      <FamilyOrBusinessRlnInd>false</FamilyOrBusinessRlnInd>
      <DelegationOfMgmtDutiesInd>false</DelegationOfMgmtDutiesInd>
      <ChangeToOrgDocumentsInd>false</ChangeToOrgDocumentsInd>
      <MaterialDiversionOrMisuseInd>false</MaterialDiversionOrMisuseInd>
      <MembersOrStockholdersInd>false</MembersOrStockholdersInd>
      <ElectionOfBoardMembersInd>false</ElectionOfBoardMembersInd>
      <DecisionsSubjectToApprovaInd>false</DecisionsSubjectToApprovaInd>
      <MinutesOfGoverningBodyInd>true</MinutesOfGoverningBodyInd>
      <MinutesOfCommitteesInd>true</MinutesOfCommitteesInd>
      <OfficerMailingAddressInd>false</OfficerMailingAddressInd>
      <LocalChaptersInd>false</LocalChaptersInd>
      <Form990ProvidedToGvrnBodyInd>true</Form990ProvidedToGvrnBodyInd>
      <ConflictOfInterestPolicyInd>true</ConflictOfInterestPolicyInd>
      <AnnualDisclosureCoveredPrsnInd>true</AnnualDisclosureCoveredPrsnInd>
      <RegularMonitoringEnfrcInd>true</RegularMonitoringEnfrcInd>
      <WhistleblowerPolicyInd>true</WhistleblowerPolicyInd>
      <DocumentRetentionPolicyInd>false</DocumentRetentionPolicyInd>
      <CompensationProcessCEOInd>true</CompensationProcessCEOInd>
      <CompensationProcessOtherInd>false</CompensationProcessOtherInd>
      <InvestmentInJointVentureInd>false</InvestmentInJointVentureInd>
      <OtherWebsiteInd>X</OtherWebsiteInd>
      <UponRequestInd>X</UponRequestInd>
      <BooksInCareOfDetail>
        <PersonNm>SHANNON PRICE</PersonNm>
        <PhoneNum>6158605300</PhoneNum>
        <USAddress>
          <AddressLine1Txt>1414 OLD HICKORY BLVD</AddressLine1Txt>
          <CityNm>NASHVILLE</CityNm>
          <StateAbbreviationCd>TN</StateAbbreviationCd>
          <ZIPCd>37207</ZIPCd>
        </USAddress>
      </BooksInCareOfDetail>
      <Form990PartVIISectionAGrp>
        <PersonNm>JONATHAN QUINN</PersonNm>
        <TitleTxt>HEAD FOOTBAL</TitleTxt>
        <AverageHoursPerWeekRt>40.00</AverageHoursPerWeekRt>
        <HighestCompensatedEmployeeInd>X</HighestCompensatedEmployeeInd>
        <ReportableCompFromOrgAmt>146147</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>11462</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>SARAH JANE MOORE</PersonNm>
        <TitleTxt>HEAD MID./UP</TitleTxt>
        <AverageHoursPerWeekRt>40.00</AverageHoursPerWeekRt>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>106727</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>3202</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>LINDSEY JUDD</PersonNm>
        <TitleTxt>HEAD OF SCHO</TitleTxt>
        <AverageHoursPerWeekRt>40.00</AverageHoursPerWeekRt>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>90360</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>19219</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>DAVIS DYER</PersonNm>
        <TitleTxt>CFO</TitleTxt>
        <AverageHoursPerWeekRt>40.00</AverageHoursPerWeekRt>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>99110</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>9876</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>KEVIN MATHIS</PersonNm>
        <TitleTxt>CHAIRMAN</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>JASON WILKERSON</PersonNm>
        <TitleTxt>VICE CHAIRMA</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>STEPHANO PATTERSON</PersonNm>
        <TitleTxt>SECRETARY</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>SAMANTHA AGEE</PersonNm>
        <TitleTxt>BOARD MEMBER</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>CHRIS FLAKE</PersonNm>
        <TitleTxt>BOARD MEMBER</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>CHRIS HENDON</PersonNm>
        <TitleTxt>BOARD MEMBER</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>ROB HORTON</PersonNm>
        <TitleTxt>BOARD MEMBER</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>RUSSELL MUNDY</PersonNm>
        <TitleTxt>BOARD MEMBER</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>ZACH EIDSON</PersonNm>
        <TitleTxt>BOARD MEMBER</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>CAM SUGGS</PersonNm>
        <TitleTxt>BOARD MEMBER</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>PAIGE COLLIER</PersonNm>
        <TitleTxt>BOARD MEMBER</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>KELLY TROUTT</PersonNm>
        <TitleTxt>BOARD MEMBER</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <TotalReportableCompFromOrgAmt>442344</TotalReportableCompFromOrgAmt>
      <TotalOtherCompensationAmt>43759</TotalOtherCompensationAmt>
      <IndivRcvdGreaterThan100KCnt>2</IndivRcvdGreaterThan100KCnt>
      <FormerOfcrEmployeesListedInd>false</FormerOfcrEmployeesListedInd>
      <TotalCompGreaterThan150KInd>true</TotalCompGreaterThan150KInd>
      <CompensationFromOtherSrcsInd>false</CompensationFromOtherSrcsInd>
      <ContractorCompensationGrp>
        <ContractorName>
          <BusinessName>
            <BusinessNameLine1Txt>ACS HOMEBUILDERS LLC</BusinessNameLine1Txt>
          </BusinessName>
        </ContractorName>
        <ContractorAddress>
          <USAddress>
            <AddressLine1Txt>2410 PLUMNELLY LANE</AddressLine1Txt>
            <CityNm>GREENBRIER</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37073</ZIPCd>
          </USAddress>
        </ContractorAddress>
        <ServicesDesc>CONSTRUCTION</ServicesDesc>
        <CompensationAmt>2949581</CompensationAmt>
      </ContractorCompensationGrp>
      <ContractorCompensationGrp>
        <ContractorName>
          <BusinessName>
            <BusinessNameLine1Txt>UBER DISPLAYS</BusinessNameLine1Txt>
          </BusinessName>
        </ContractorName>
        <ContractorAddress>
          <USAddress>
            <AddressLine1Txt>640 MYATT DR</AddressLine1Txt>
            <CityNm>MADISON</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37115</ZIPCd>
          </USAddress>
        </ContractorAddress>
        <ServicesDesc>VIDEO BOARD MNF</ServicesDesc>
        <CompensationAmt>169055</CompensationAmt>
      </ContractorCompensationGrp>
      <ContractorCompensationGrp>
        <ContractorName>
          <BusinessName>
            <BusinessNameLine1Txt>TEACHERS INSURANCE &amp; ANNUITY ASSOCIA</BusinessNameLine1Txt>
          </BusinessName>
        </ContractorName>
        <ContractorAddress>
          <USAddress>
            <AddressLine1Txt>730 THIRD AVENUE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10017</ZIPCd>
          </USAddress>
        </ContractorAddress>
        <ServicesDesc>PLAN ADMINISTR.</ServicesDesc>
        <CompensationAmt>120955</CompensationAmt>
      </ContractorCompensationGrp>
      <CntrctRcvdGreaterThan100KCnt>3</CntrctRcvdGreaterThan100KCnt>
      <FundraisingAmt>13630</FundraisingAmt>
      <AllOtherContributionsAmt>587608</AllOtherContributionsAmt>
      <NoncashContributionsAmt>11169</NoncashContributionsAmt>
      <TotalContributionsAmt>601238</TotalContributionsAmt>
      <ProgramServiceRevenueGrp>
        <Desc>TUITION AND FEES</Desc>
        <BusinessCd>611110</BusinessCd>
        <TotalRevenueColumnAmt>9575046</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>9575046</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <ProgramServiceRevenueGrp>
        <Desc>FOOD SERVICES</Desc>
        <BusinessCd>611110</BusinessCd>
        <TotalRevenueColumnAmt>586871</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>586871</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <ProgramServiceRevenueGrp>
        <Desc>EXTRACURRICULAR ACTIVITIES</Desc>
        <BusinessCd>611110</BusinessCd>
        <TotalRevenueColumnAmt>542236</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>542236</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <ProgramServiceRevenueGrp>
        <Desc>EXTENDED CARE</Desc>
        <BusinessCd>611110</BusinessCd>
        <TotalRevenueColumnAmt>394841</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>394841</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <ProgramServiceRevenueGrp>
        <Desc>TRANSPORTATION</Desc>
        <BusinessCd>611110</BusinessCd>
        <TotalRevenueColumnAmt>99267</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>99267</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <TotalOthProgramServiceRevGrp>
        <TotalRevenueColumnAmt>221382</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>221382</RelatedOrExemptFuncIncomeAmt>
      </TotalOthProgramServiceRevGrp>
      <TotalProgramServiceRevenueAmt>11419643</TotalProgramServiceRevenueAmt>
      <InvestmentIncomeGrp>
        <TotalRevenueColumnAmt>54136</TotalRevenueColumnAmt>
        <ExclusionAmt>54136</ExclusionAmt>
      </InvestmentIncomeGrp>
      <GrossRentsGrp>
        <RealAmt>35657</RealAmt>
      </GrossRentsGrp>
      <RentalIncomeOrLossGrp>
        <RealAmt>35657</RealAmt>
      </RentalIncomeOrLossGrp>
      <NetRentalIncomeOrLossGrp>
        <TotalRevenueColumnAmt>35657</TotalRevenueColumnAmt>
        <ExclusionAmt>35657</ExclusionAmt>
      </NetRentalIncomeOrLossGrp>
      <LessCostOthBasisSalesExpnssGrp>
        <OtherAmt>394</OtherAmt>
      </LessCostOthBasisSalesExpnssGrp>
      <GainOrLossGrp>
        <OtherAmt>-394</OtherAmt>
      </GainOrLossGrp>
      <NetGainOrLossInvestmentsGrp>
        <TotalRevenueColumnAmt>-394</TotalRevenueColumnAmt>
        <ExclusionAmt>-394</ExclusionAmt>
      </NetGainOrLossInvestmentsGrp>
      <FundraisingGrossIncomeAmt>32290</FundraisingGrossIncomeAmt>
      <ContriRptFundraisingEventAmt>13630</ContriRptFundraisingEventAmt>
      <FundraisingDirectExpensesAmt>4577</FundraisingDirectExpensesAmt>
      <NetIncmFromFundraisingEvtGrp>
        <TotalRevenueColumnAmt>27713</TotalRevenueColumnAmt>
        <ExclusionAmt>27713</ExclusionAmt>
      </NetIncmFromFundraisingEvtGrp>
      <GrossSalesOfInventoryAmt>90264</GrossSalesOfInventoryAmt>
      <CostOfGoodsSoldAmt>47494</CostOfGoodsSoldAmt>
      <NetIncomeOrLossGrp>
        <TotalRevenueColumnAmt>42770</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>42770</RelatedOrExemptFuncIncomeAmt>
      </NetIncomeOrLossGrp>
      <OtherRevenueMiscGrp>
        <Desc>BAD DEBT RECOVERY</Desc>
        <BusinessCd>900099</BusinessCd>
        <TotalRevenueColumnAmt>27169</TotalRevenueColumnAmt>
        <ExclusionAmt>27169</ExclusionAmt>
      </OtherRevenueMiscGrp>
      <OtherRevenueMiscGrp>
        <Desc>INSURANCE CLAIM</Desc>
        <BusinessCd>900099</BusinessCd>
        <TotalRevenueColumnAmt>2880</TotalRevenueColumnAmt>
        <ExclusionAmt>2880</ExclusionAmt>
      </OtherRevenueMiscGrp>
      <OtherRevenueTotalAmt>30049</OtherRevenueTotalAmt>
      <TotalRevenueGrp>
        <TotalRevenueColumnAmt>12210812</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>11462413</RelatedOrExemptFuncIncomeAmt>
        <ExclusionAmt>147161</ExclusionAmt>
      </TotalRevenueGrp>
      <GrantsToDomesticIndividualsGrp>
        <TotalAmt>474172</TotalAmt>
        <ProgramServicesAmt>474172</ProgramServicesAmt>
      </GrantsToDomesticIndividualsGrp>
      <CompCurrentOfcrDirectorsGrp>
        <TotalAmt>444520</TotalAmt>
        <ProgramServicesAmt>352198</ProgramServicesAmt>
        <ManagementAndGeneralAmt>86513</ManagementAndGeneralAmt>
        <FundraisingAmt>5809</FundraisingAmt>
      </CompCurrentOfcrDirectorsGrp>
      <OtherSalariesAndWagesGrp>
        <TotalAmt>5860139</TotalAmt>
        <ProgramServicesAmt>4782623</ProgramServicesAmt>
        <ManagementAndGeneralAmt>1036061</ManagementAndGeneralAmt>
        <FundraisingAmt>41455</FundraisingAmt>
      </OtherSalariesAndWagesGrp>
      <PensionPlanContributionsGrp>
        <TotalAmt>103639</TotalAmt>
        <ProgramServicesAmt>81480</ProgramServicesAmt>
        <ManagementAndGeneralAmt>12739</ManagementAndGeneralAmt>
        <FundraisingAmt>9420</FundraisingAmt>
      </PensionPlanContributionsGrp>
      <OtherEmployeeBenefitsGrp>
        <TotalAmt>546394</TotalAmt>
        <ProgramServicesAmt>325940</ProgramServicesAmt>
        <ManagementAndGeneralAmt>192071</ManagementAndGeneralAmt>
        <FundraisingAmt>28383</FundraisingAmt>
      </OtherEmployeeBenefitsGrp>
      <PayrollTaxesGrp>
        <TotalAmt>461979</TotalAmt>
        <ProgramServicesAmt>375815</ProgramServicesAmt>
        <ManagementAndGeneralAmt>82935</ManagementAndGeneralAmt>
        <FundraisingAmt>3229</FundraisingAmt>
      </PayrollTaxesGrp>
      <FeesForServicesLegalGrp>
        <TotalAmt>6999</TotalAmt>
        <ManagementAndGeneralAmt>6999</ManagementAndGeneralAmt>
      </FeesForServicesLegalGrp>
      <FeesForServicesAccountingGrp>
        <TotalAmt>48630</TotalAmt>
        <ManagementAndGeneralAmt>48630</ManagementAndGeneralAmt>
      </FeesForServicesAccountingGrp>
      <FeesForServicesOtherGrp>
        <TotalAmt>267451</TotalAmt>
        <ProgramServicesAmt>246931</ProgramServicesAmt>
        <ManagementAndGeneralAmt>19493</ManagementAndGeneralAmt>
        <FundraisingAmt>1027</FundraisingAmt>
      </FeesForServicesOtherGrp>
      <AdvertisingGrp>
        <TotalAmt>118858</TotalAmt>
        <ProgramServicesAmt>8202</ProgramServicesAmt>
        <ManagementAndGeneralAmt>104037</ManagementAndGeneralAmt>
        <FundraisingAmt>6619</FundraisingAmt>
      </AdvertisingGrp>
      <OfficeExpensesGrp>
        <TotalAmt>410139</TotalAmt>
        <ProgramServicesAmt>318106</ProgramServicesAmt>
        <ManagementAndGeneralAmt>80444</ManagementAndGeneralAmt>
        <FundraisingAmt>11589</FundraisingAmt>
      </OfficeExpensesGrp>
      <OccupancyGrp>
        <TotalAmt>669370</TotalAmt>
        <ProgramServicesAmt>560338</ProgramServicesAmt>
        <ManagementAndGeneralAmt>109032</ManagementAndGeneralAmt>
      </OccupancyGrp>
      <TravelGrp>
        <TotalAmt>35352</TotalAmt>
        <ProgramServicesAmt>33568</ProgramServicesAmt>
        <ManagementAndGeneralAmt>1784</ManagementAndGeneralAmt>
      </TravelGrp>
      <ConferencesMeetingsGrp>
        <TotalAmt>25861</TotalAmt>
        <ProgramServicesAmt>25861</ProgramServicesAmt>
      </ConferencesMeetingsGrp>
      <InterestGrp>
        <TotalAmt>254773</TotalAmt>
        <ProgramServicesAmt>241212</ProgramServicesAmt>
        <ManagementAndGeneralAmt>13561</ManagementAndGeneralAmt>
      </InterestGrp>
      <DepreciationDepletionGrp>
        <TotalAmt>756058</TotalAmt>
        <ProgramServicesAmt>725816</ProgramServicesAmt>
        <ManagementAndGeneralAmt>14709</ManagementAndGeneralAmt>
        <FundraisingAmt>15533</FundraisingAmt>
      </DepreciationDepletionGrp>
      <InsuranceGrp>
        <TotalAmt>103975</TotalAmt>
        <ProgramServicesAmt>29060</ProgramServicesAmt>
        <ManagementAndGeneralAmt>74915</ManagementAndGeneralAmt>
      </InsuranceGrp>
      <OtherExpensesGrp>
        <Desc>FOOD SERVICE</Desc>
        <TotalAmt>691067</TotalAmt>
        <ProgramServicesAmt>691067</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>ATHLETICS</Desc>
        <TotalAmt>591187</TotalAmt>
        <ProgramServicesAmt>591187</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>EXTRACURRICULAR</Desc>
        <TotalAmt>236574</TotalAmt>
        <ProgramServicesAmt>233738</ProgramServicesAmt>
        <ManagementAndGeneralAmt>1327</ManagementAndGeneralAmt>
        <FundraisingAmt>1509</FundraisingAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>BOOSTER CLUBS</Desc>
        <TotalAmt>103487</TotalAmt>
        <ProgramServicesAmt>99863</ProgramServicesAmt>
        <FundraisingAmt>3624</FundraisingAmt>
      </OtherExpensesGrp>
      <AllOtherExpensesGrp>
        <TotalAmt>97596</TotalAmt>
        <ProgramServicesAmt>37367</ProgramServicesAmt>
        <ManagementAndGeneralAmt>60229</ManagementAndGeneralAmt>
      </AllOtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>12308220</TotalAmt>
        <ProgramServicesAmt>10234544</ProgramServicesAmt>
        <ManagementAndGeneralAmt>1945479</ManagementAndGeneralAmt>
        <FundraisingAmt>128197</FundraisingAmt>
      </TotalFunctionalExpensesGrp>
      <CashNonInterestBearingGrp>
        <BOYAmt>1322929</BOYAmt>
        <EOYAmt>993977</EOYAmt>
      </CashNonInterestBearingGrp>
      <SavingsAndTempCashInvstGrp>
        <BOYAmt>1251617</BOYAmt>
        <EOYAmt>1342684</EOYAmt>
      </SavingsAndTempCashInvstGrp>
      <AccountsReceivableGrp>
        <BOYAmt>229887</BOYAmt>
        <EOYAmt>175585</EOYAmt>
      </AccountsReceivableGrp>
      <InventoriesForSaleOrUseGrp>
        <BOYAmt>72119</BOYAmt>
        <EOYAmt>54970</EOYAmt>
      </InventoriesForSaleOrUseGrp>
      <PrepaidExpensesDefrdChargesGrp>
        <BOYAmt>98057</BOYAmt>
        <EOYAmt>92705</EOYAmt>
      </PrepaidExpensesDefrdChargesGrp>
      <LandBldgEquipCostOrOtherBssAmt>26741524</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>15298180</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>8092350</BOYAmt>
        <EOYAmt>11443344</EOYAmt>
      </LandBldgEquipBasisNetGrp>
      <IntangibleAssetsGrp>
        <BOYAmt>57141</BOYAmt>
        <EOYAmt>31745</EOYAmt>
      </IntangibleAssetsGrp>
      <OtherAssetsTotalGrp>
        <BOYAmt>104457</BOYAmt>
        <EOYAmt>135475</EOYAmt>
      </OtherAssetsTotalGrp>
      <TotalAssetsGrp>
        <BOYAmt>11228557</BOYAmt>
        <EOYAmt>14270485</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
        <BOYAmt>349478</BOYAmt>
        <EOYAmt>459767</EOYAmt>
      </AccountsPayableAccrExpnssGrp>
      <DeferredRevenueGrp>
        <BOYAmt>614573</BOYAmt>
        <EOYAmt>550761</EOYAmt>
      </DeferredRevenueGrp>
      <MortgNotesPyblScrdInvstPropGrp>
        <BOYAmt>4012231</BOYAmt>
        <EOYAmt>7040763</EOYAmt>
      </MortgNotesPyblScrdInvstPropGrp>
      <OtherLiabilitiesGrp>
        <BOYAmt>102056</BOYAmt>
        <EOYAmt>166383</EOYAmt>
      </OtherLiabilitiesGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>5078338</BOYAmt>
        <EOYAmt>8217674</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
        <BOYAmt>6123854</BOYAmt>
        <EOYAmt>5957844</EOYAmt>
      </NoDonorRestrictionNetAssetsGrp>
      <DonorRestrictionNetAssetsGrp>
        <BOYAmt>26365</BOYAmt>
        <EOYAmt>94967</EOYAmt>
      </DonorRestrictionNetAssetsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>6150219</BOYAmt>
        <EOYAmt>6052811</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>11228557</BOYAmt>
        <EOYAmt>14270485</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>-97408</ReconcilationRevenueExpnssAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc11">
      <SchoolInd>X</SchoolInd>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc4">
      <LandGrp>
        <OtherCostOrOtherBasisAmt>547895</OtherCostOrOtherBasisAmt>
        <BookValueAmt>547895</BookValueAmt>
      </LandGrp>
      <BuildingsGrp>
        <OtherCostOrOtherBasisAmt>19501139</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>10039303</DepreciationAmt>
        <BookValueAmt>9461836</BookValueAmt>
      </BuildingsGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>6354018</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>4983171</DepreciationAmt>
        <BookValueAmt>1370847</BookValueAmt>
      </EquipmentGrp>
      <OtherLandBuildingsGrp>
        <OtherCostOrOtherBasisAmt>338472</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>275706</DepreciationAmt>
        <BookValueAmt>62766</BookValueAmt>
      </OtherLandBuildingsGrp>
      <TotalBookValueLandBuildingsAmt>11443344</TotalBookValueLandBuildingsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>FINANCE LEASE LIABILITY</Desc>
        <Amt>166383</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>166383</TotalLiabilityAmt>
      <TotalRevEtcAuditedFinclStmtAmt>11788711</TotalRevEtcAuditedFinclStmtAmt>
      <OtherRevenueAmt>52071</OtherRevenueAmt>
      <RevenueNotReportedAmt>52071</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>11736640</RevenueSubtotalAmt>
      <OtherRevenuesNotIncludedAmt>474172</OtherRevenuesNotIncludedAmt>
      <RevenueNotReportedFinclStmtAmt>474172</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>12210812</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>11886119</TotExpnsEtcAuditedFinclStmtAmt>
      <OtherExpensesIncludedAmt>52071</OtherExpensesIncludedAmt>
      <ExpensesNotReportedAmt>52071</ExpensesNotReportedAmt>
      <ExpensesSubtotalAmt>11834048</ExpensesSubtotalAmt>
      <OtherExpensesNotIncludedAmt>474172</OtherExpensesNotIncludedAmt>
      <ExpensesNotRptFinclStmtAmt>474172</ExpensesNotRptFinclStmtAmt>
      <TotalExpensesPerForm990Amt>12308220</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XI, LINE 2D</FormAndLineReferenceDesc>
        <ExplanationTxt>COST OF GOODS SOLD NETTED AGAINST REVENUE PER 990 47,494 SPECIAL EVENT EXPENSES NETTED AGAINST REVENUE PER 990 4,577</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XI, LINE 4B</FormAndLineReferenceDesc>
        <ExplanationTxt>SCHOLARSHIPS NETTED AGAINST TUITION PER AUDIT 474,172</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XII, LINE 2D</FormAndLineReferenceDesc>
        <ExplanationTxt>COST OF GOODS SOLD NETTED AGAINST REVENUE PER 990 47,494 SPECIAL EVENT EXPENSES NETTED AGAINST REVENUE PER 990 4,577</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XII, LINE 4B</FormAndLineReferenceDesc>
        <ExplanationTxt>SCHOLARSHIPS NETTED AGAINST TUITION PER AUDIT 474,172</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XIII</FormAndLineReferenceDesc>
        <ExplanationTxt>INCOME TAXES THE ACADEMY IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. WITH FEW EXCEPTIONS, THE ACADEMY IS NO LONGER SUBJECT TO US FEDERAL, STATE, OR LOCAL INCOME TAX EXAMINATIONS BY AUTHORITIES FOR YEARS BEFORE JUNE 30, 2022.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="RetDoc5">
      <NondiscriminatoryPolicyStmtInd>true</NondiscriminatoryPolicyStmtInd>
      <PolicyStmtInBrochuresEtcInd>true</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>true</PlcyPblczdViaBroadcastMediaInd>
      <MaintainRacialCompRecsInd>true</MaintainRacialCompRecsInd>
      <MaintainScholarshipsRecsInd>true</MaintainScholarshipsRecsInd>
      <MaintainCpyOfBrochuresEtcInd>true</MaintainCpyOfBrochuresEtcInd>
      <MaintainCpyOfAllSolInd>true</MaintainCpyOfAllSolInd>
      <DiscriminateRaceStdntsRghtsInd>false</DiscriminateRaceStdntsRghtsInd>
      <DiscriminateRaceAdmissPlcyInd>false</DiscriminateRaceAdmissPlcyInd>
      <DiscriminateRaceEmplmFcultyInd>false</DiscriminateRaceEmplmFcultyInd>
      <DiscriminateRaceSchsInd>false</DiscriminateRaceSchsInd>
      <DiscriminateRaceEducPlcyInd>false</DiscriminateRaceEducPlcyInd>
      <DiscriminateRaceUseOfFcltsInd>false</DiscriminateRaceUseOfFcltsInd>
      <DiscriminateRaceAthltProgInd>false</DiscriminateRaceAthltProgInd>
      <DiscriminateRaceOtherActyInd>false</DiscriminateRaceOtherActyInd>
      <GovernmentFinancialAidRcvdInd>false</GovernmentFinancialAidRcvdInd>
      <GovernmentFinancialAidRvkdInd>false</GovernmentFinancialAidRvkdInd>
      <ComplianceWithRevProc7550Ind>true</ComplianceWithRevProc7550Ind>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>NONDISCRIMINATING POLICY IS PROMINENTLY POSTED WITH ALL BROCHURES AND OTHER ADVERTISING OR ANNOUNCEMENTS.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleE>
    <IRS990ScheduleG documentId="RetDoc6">
      <FundraisingEventInformationGrp>
        <Event1Nm>ANNUAL FUNDRAIS</Event1Nm>
        <GrossReceiptsEvent1Amt>45920</GrossReceiptsEvent1Amt>
        <CharitableContriEvent1Amt>13630</CharitableContriEvent1Amt>
        <GrossRevenueEvent1Amt>32290</GrossRevenueEvent1Amt>
        <RentFacilityCostsEvent1Amt>4577</RentFacilityCostsEvent1Amt>
        <GrossReceiptsTotalAmt>45920</GrossReceiptsTotalAmt>
        <CharitableContributionsTotAmt>13630</CharitableContributionsTotAmt>
        <GrossRevenueTotalEventsAmt>32290</GrossRevenueTotalEventsAmt>
        <RentFcltyCostsTotalEventsAmt>4577</RentFcltyCostsTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>4577</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>27713</NetIncomeSummaryAmt>
      </FundraisingEventInformationGrp>
    </IRS990ScheduleG>
    <IRS990ScheduleI documentId="RetDoc7">
      <GrantRecordsMaintainedInd>true</GrantRecordsMaintainedInd>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>FINANCIAL AID</GrantTypeTxt>
        <RecipientCnt>120</RecipientCnt>
        <NonCashAssistanceAmt>474172</NonCashAssistanceAmt>
        <ValuationMethodUsedDesc>BOOK</ValuationMethodUsedDesc>
        <NonCashAssistanceDesc>FINANCIAL AID</NonCashAssistanceDesc>
      </GrantsOtherAsstToIndivInUSGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE I, PAGE 1, PART I, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>DAVIDSON ACADEMY USES SMARTAID FOR FINANCIAL AID VERIFICATION AND NEED DETERMINATION. OUR FINANCIAL AID COMMITTEE USES THIS ESTIMATED NEED GUIDELINE IN MAKING AWARDS. THE TOTAL AMOUNT RECEIVED WILL BE BASED ON THE DEMONSTRATED NEED AND AVAILABILITY OF FUNDS.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="RetDoc8">
      <BoardOrCommitteeApprovalInd>X</BoardOrCommitteeApprovalInd>
      <SeverancePaymentInd>false</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>false</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>false</EquityBasedCompArrngmInd>
      <CompBasedOnRevenueOfFlngOrgInd>false</CompBasedOnRevenueOfFlngOrgInd>
      <CompBsdOnRevRelatedOrgsInd>false</CompBsdOnRevRelatedOrgsInd>
      <CompBsdNetEarnsFlngOrgInd>false</CompBsdNetEarnsFlngOrgInd>
      <CompBsdNetEarnsRltdOrgsInd>false</CompBsdNetEarnsRltdOrgsInd>
      <AnyNonFixedPaymentsInd>false</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>false</InitialContractExceptionInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>JONATHAN QUINN</PersonNm>
        <TitleTxt>HEAD FOOTBALL COACH</TitleTxt>
        <BaseCompensationFilingOrgAmt>145787</BaseCompensationFilingOrgAmt>
        <BonusFilingOrganizationAmount>360</BonusFilingOrganizationAmount>
        <DeferredCompensationFlngOrgAmt>4356</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>7106</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>157609</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleL documentId="RetDoc9">
      <GrntAsstBnftInterestedPrsnGrp>
        <CashGrantAmt>633797</CashGrantAmt>
        <TypeOfAssistanceTxt>TUITION REMISSION</TypeOfAssistanceTxt>
        <AssistancePurposeTxt>EMPLOYEE BENEFIT</AssistancePurposeTxt>
      </GrntAsstBnftInterestedPrsnGrp>
      <BusTrInvolveInterestedPrsnGrp>
        <NameOfInterested>
          <BusinessName>
            <BusinessNameLine1Txt>ACS HOME BUILDERS</BusinessNameLine1Txt>
          </BusinessName>
        </NameOfInterested>
        <RelationshipDescriptionTxt>BOARD MEMBER</RelationshipDescriptionTxt>
        <TransactionAmt>2949581</TransactionAmt>
        <TransactionDesc>CONSTRUCTION WORK</TransactionDesc>
        <SharingOfRevenuesInd>false</SharingOfRevenuesInd>
      </BusTrInvolveInterestedPrsnGrp>
      <BusTrInvolveInterestedPrsnGrp>
        <NameOfInterested>
          <PersonNm>SHANNON PRICE</PersonNm>
        </NameOfInterested>
        <RelationshipDescriptionTxt>SISTER</RelationshipDescriptionTxt>
        <TransactionAmt>63305</TransactionAmt>
        <TransactionDesc>COMPENSATION</TransactionDesc>
        <SharingOfRevenuesInd>false</SharingOfRevenuesInd>
      </BusTrInvolveInterestedPrsnGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE L, PART V</FormAndLineReferenceDesc>
        <ExplanationTxt>CAM SUGGS, BOARD MEMBER, IS THE OWNER OF ACS HOME BUILDERS, GENERAL CONTRACTOR ON DAVIDSON ACADEMY'S PRESCHOOL RENOVATION. THE ARM'S LENGTH TRANSACTION IS BOARD APPROVED. SHANNON PRICE, ACCOUNTING MANAGER, IS THE SISTER OF JASON WILKERSON, BOARD MEMBER.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="RetDoc10">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FORM 990 IS REVIEWED BY THE CFO FOR APPROVAL. ONCE APPROVED, THE FINAL COPY IS DISTRIBUTED TO THE HEAD OF SCHOOL AND BOARD OF TRUSTEES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>BOARD MEMBERS ARE ASKED ONCE A YEAR TO SIGN A COMPLIANCE FORM INDICATING THAT THERE ARE NO CONFLICTS OF INTEREST. IF THERE IS A CONFLICT OF INTEREST, IT IS DISCLOSED IN WRITING ON THE FORM.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE HEADMASTER'S SALARY IS REVIEWED BY THE BOARD EACH SPRING AHEAD OF THE UPCOMING FISCAL YEAR.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>DAVIDSON ACADEMY'S GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH ANOTHER'S WEBSITE AND UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>