An Return of Organization Exempt From Income Tax Form JJO Under section 501(c), 527, or 4941(a)(1) of the Internal fleven ue Code (except black loop o .o~.t of m, Tr,`!`~ benefit trust or private faun daGOn) Intsnel Revenus s~Iro " The organization may have to use a copy of this return to sahsy state reporting requirements F AmaanGcp mminu L J Can I x I Mvuv ~~m*°°° P ICAYUNE . N H and I are not applicable to section 527 organizations H(a) Is this a group return for affiliates) Yes EXI No H(b) II Yes ; enter number of affiliates Is. H(c) lveallaffiliates included? N/A DYes ~No (If'NO; attach a list.) H(d) Is this a separate return filed by an or- M Check Is- LXJ it the organization is not required to attach Sch B (Form 990, 990-fZ, or 990-PF) in net Assets or 18 Excess or (deficit) for the year (subtract line 17 from line 12) H 19 Net assets or fund balances at beginning of year (from line 73, column (A)) 20 Other changes in net assets or fund balances (attach explanation) a 21 Net assets or fund balances at end of year (combine lines 18, 19, and 20) oi'u u LHA For Paperwork Reduction Act Notice, see the separate instructions 1 15071104 353375 64-6001417 2002 .06030 SOUTHERN REGIONAL Form 990 (20021 , 4 CORPORATI 64-60011 A For the 2002 calendar year, or taxyeir period beginning B caw, .e P~ "- - C Name of organization aPP~~raMe ueelRS ~ma OUTHERN REGIONAL CORPORATION 0~ 9" s" Number and street (or P 0 box d mail is not delivered to street address) nlvn SPSd~c 505 WILLIAMS AVENUE E :JR~ 1~ City ortovm,state orcountry,andZIP+4 D Employer identification number VY-VVV19 RoortVSUde E Telephone number rni_,7oo_ section sot(c)1a) organizations and 4947(a)(1) nonexempt charitable trusts must attach a completed Schedule A (Form 990 or 990-EZ) J Organization type (cncnonyone)10- LXJ 501(c) ( 3 ),4 n^^^^-) U 4947(a)(1) or U 52 K Check here 1 L] d the organization's gross receipts are normally not more than $25,000 The organization need not file a return with the IRS, but if the organization received a Form 990 Package in the mail, it should file a return without financial data Some shies require a complete return 1 Contributions, gigs, grants, and similar amounts received a Direct public support D Indirect public support 1b e Government contributions (grants) le d Total (add lines to through 1C) (cash $ nOncaSh $ 2 Program service revenue including government tees and contracts (from Part NI, line 93) 3 Membership dues and assessments 4 Interest on savings and temporary cash investments 5 Dividends and interest from securities 6 a Gross rents See Statement 1 6a D Less rental expenses 6b e Net rental income or (loss) (subtract line 6b from line 6a) m 7 Other investment income (describe cm' 8 a Grass amount from sale of assets other ( A ) Securities m than inventory 81 b Less cost or other basis and sales expenses 86 c Gam or (loss) (attach schedule) Be d Net gain or (lass) (combine line 8c, columns (A) and (B)) 9 Special events and activities (attach schedule) a Gross revenue (not including $ of contributions reported on line 1a) 9a -, b Less direct expenses other than fundraising expenses 9b c Net income or (loss) from special events (subtract line 9b from line 9a) 10 a Gross sales of inventory, less returns and allowances 70a 6 Less cost of goods sold 10b c Gross profit or (loss) from sales of inventory (attach schedule) (subtract line 106 from line 10a) 11 Other revenue (from Part VII, line 103) 13 Program services (from line 44, column (B)) 14 Management and general (from line 44, column (C)) U') 3 2UII3 15 Fundraising (from line 44, column (D)) r 16 Payments to affiliates (attach schedule)
Transcript
An Return of Organization Exempt From Income Tax Form JJO Under section 501(c), 527, or 4941(a)(1) of the Internal fleven ue Code (except black loop o.o~.t of m, Tr,`!`~
benefit trust or private faun daGOn) Intsnel Revenus s~Iro " The organization may have to use a copy of this return to sahsy state reporting requirements
F AmaanGcp mminu L J Can I x I Mvuv ~~m*°°° P ICAYUNE . N
H and I are not applicable to section 527 organizations H(a) Is this a group return for affiliates) Yes EXI No H(b) II Yes; enter number of affiliates Is. H(c) lveallaffiliates included? N/A DYes ~No
(If'NO; attach a list.) H(d) Is this a separate return filed by an or-
M Check Is- LXJ it the organization is not required to attach Sch B (Form 990, 990-fZ, or 990-PF)
in net Assets or
18 Excess or (deficit) for the year (subtract line 17 from line 12) H 19 Net assets or fund balances at beginning of year (from line 73, column (A)) 20 Other changes in net assets or fund balances (attach explanation) a 21 Net assets or fund balances at end of year (combine lines 18, 19, and 20)
oi'u u LHA For Paperwork Reduction Act Notice, see the separate instructions 1
A For the 2002 calendar year, or taxyeir period beginning B caw, .e P~ "- - C Name of organization
aPP~~raMe ueelRS
~ma OUTHERN REGIONAL CORPORATION 0~ 9" s" Number and street (or P 0 box d mail is not delivered to street address)
nlvn SPSd~c 505 WILLIAMS AVENUE E:JR~ 1~
City ortovm,state orcountry,andZIP+4
D Employer identification number
VY-VVV19
RoortVSUde E Telephone number rni_,7oo_
section sot(c)1a) organizations and 4947(a)(1) nonexempt charitable trusts must attach a completed Schedule A (Form 990 or 990-EZ)
J Organization type (cncnonyone)10- LXJ 501(c) ( 3 ),4 n^^^^-) U 4947(a)(1) or U 52 K Check here 1 L] d the organization's gross receipts are normally not more than $25,000 The
organization need not file a return with the IRS, but if the organization received a Form 990 Package in the mail, it should file a return without financial data Some shies require a complete return
1 Contributions, gigs, grants, and similar amounts received a Direct public support D Indirect public support 1b e Government contributions (grants) le d Total (add lines to through 1C) (cash $ nOncaSh $
2 Program service revenue including government tees and contracts (from Part NI, line 93) 3 Membership dues and assessments 4 Interest on savings and temporary cash investments 5 Dividends and interest from securities 6 a Gross rents See Statement 1 6a D Less rental expenses 6b e Net rental income or (loss) (subtract line 6b from line 6a)
m 7 Other investment income (describe cm' 8 a Grass amount from sale of assets other (A) Securities m than inventory 81
b Less cost or other basis and sales expenses 86 c Gam or (loss) (attach schedule) Be d Net gain or (lass) (combine line 8c, columns (A) and (B))
9 Special events and activities (attach schedule) a Gross revenue (not including $ of contributions
reported on line 1a) 9a -, b Less direct expenses other than fundraising expenses 9b
c Net income or (loss) from special events (subtract line 9b from line 9a) 10 a Gross sales of inventory, less returns and allowances 70a
6 Less cost of goods sold 10b c Gross profit or (loss) from sales of inventory (attach schedule) (subtract line 106 from line 10a)
11 Other revenue (from Part VII, line 103)
13 Program services (from line 44, column (B)) 14 Management and general (from line 44, column (C)) U')
3 2UII3 15 Fundraising (from line 44, column (D)) r 16 Payments to affiliates (attach schedule)
i
are
(A) Total
22 Grants and allocations (attach schedule)
.,.n s m,wn $
23 Specific assistance to individuals (attach schedule) 24 Benefits paid to or for members (attach schedule) 25 Compensation of officers, directors, etc 26 Other salaries and wages 27 Pension plan contributions 28 Other employee benefits 29 PayroO taxes 30 Professional fundraising fees 31 Accounting fees 32 Legal tees 33 Supplies 34 Telephone 35 Postage and shipping 36 Occupancy 37 Equipment rental and maintenance 38 Printing and publications 39 Travel 40 Conferences, conventions, and meetings 41 Interest 42 Depreciation, depletion, etc (attach schedule) 43 Other expenses not covered above (itemize) a b c d e See Statement 2
1 O Yes EYI No
What is theorganuaLonsprimary exempt purpose? Service nses w,fornwa
Joint Costs Check 1 U d you are following SOP 98-2 Are any pint costs from a combined educational campaign and fundraising solicdabon reported in (B) Program services? II Yes; enter (i) the aggregate amount o1 these pint costs $ , (u) the amount allocated to Program
i-OVU141/ section 501(c)(3) Page 2
(D) Fundraising
NIaPnvaLm7rtiuyEpGibeyyrusnOt PWaw . ed. ~nOmriasmanns SuteNanumDroldi.insnveU publ~otanslaw~ ac Dl.. ~levemmb tWaGmt m-~ El. (Sawn 501(cX3) m0(a) vQan¢atlma enC 4Oa7(aXi) nonea~pt chalt&le trash muat ISO ants Ne veaum of Q~ts and aIl~tione b othd3 )
a See 990 . Part III(a) Svrinlemental Statement
b
c
e Other program services (attach schedule) (Grants and allocations $ ) } Total of Program Service Expenses (should equal line 44, column (B), Program services) " 45 6 ,669 .
Form 990(2002) SOUTHERN REGIONAL CORPORATION 64-6001417 Page 3
Part IV Balance Sheets
Note lNhera required. attached schedules and amounts within the descr7ption column (A) (B) should be /a end-of-year artaunts only Beginning of year End of year
47 a Accounts receivable 47a 994 . b Less allowance tordoubtful accounts 47h 860 . 47s 994 .
48 a Pledges receivable 48a 6 Less allowance for doubtful accounts 48b 48c
49 Grants receivable 49 50 Recervables from officers, directors, trustees,
and key employees 50 x m 51 a Other notes and loans receivable 57a H
D Less allowance for doubtful accounts 51b 51c 1 52 Inventories for sale or use 52 53 Prepaid expenses and deferred charges 7 , 484 . 53 16 , 643 . 54 Investments -securities " 0 Cost E~j FMV 54 55 a Investments - land, buildings, and
equipment basis SSa
b Less accumulated deprecation 55b 55c 56 Investments - other 56 57 a Land, buildings, and equipment basis 57a 5 5 61 3 3 5 .
h Less accumulated depreciation 57b 4 778 004 . 985 328 . 57e 783 331 . 58 Other assets (describe " ) 58
59 Total assets addlines 45throu g h 58 musteq ual line74 2 349 342 . 59 2 060 286 . 60 Accounts payable and accrued expenses 9 103 . 60 9 358 . 61 Grants payable 61 s2 Deferred revenue 1 528 834 . s2 1 130 239 . H 63 Loans from officers, directors, trustees, and key employees 63
a 64 a Tax-exempt bond liabilities 64a b Mortgages and other notes payable 646
65 Other liabilities (descri6e " See Statement 3 ) 4 , 157 . 65 3 . 796 .
66 Total liabiliues addlines 60throu gh 65 1 , 542 , 094 . 66 1 , 143 , 393a Organizations that follow SFAS 117, check here " Ez] and complete lines 67 through
69 and lines 73 and 74 --
$ 67 Unrestricted 557 248 . 67 666 893 . A se Temporarily restricted 250 000 . se 2-50- 1 000 . co 69 Permanently restricted 69
Organizations that do not follow SFAS 117, check here " E] and complete lines 70 through 74
70 Capital stock, trust principal, or current funds 70 H 77 Paid-in or capital surplus, or land, building, and equipment fund 71 N a 72 Retained earnings, endowment, accumulated income, or other funds 72
73 Total net assets or fund balances (add lines 67 through 69 or lines 70 through 72, column (n) must equal line 19, column (B) must equal dine 21) 8 0 7 2 4 8 .. 7s 916 893 .
1 74 Total liabilities and net asset/ / fund balances (add lines 66 and 73) . . . . . . . . ~ 2,349,342 . T74 ~ 2,060,286 . Form 990 is available for public inspection and, for some people, serves as the primary or sole source of information about a particular organization 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 arpanizallon's programs and accomplishments
uaazi oi :x oa
Heconclllation Of txpenses per Audited Financial Statements with Expenses per Rehim
Add amounts on lines (7) through (4) c line a minus hoe b d Amounts included an line 17, Form
990 but not on line a
(1) Investment expenses not included on line 6b, Form 990 Z
15 Did any officer, director, trustee, or key employee receive aggregate compensation of more than $100,000 from your organization and all related organizations, of which more than $10,000 was provided by the related organiza6ons9 II Yes; attach schedule I, OYes [I]No Form 990 (2002)
76 Did the organization engage in any activity not previously reported to the IFS If 'Yes: attach a detailed description of each activity 77 Were any changes made in the organizing or governing documents but not reported to the IRS?
If Yes; attach a conformed copy of the changes 78 a Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return?
b If Yes; has n filed a tax return on Form 990-T for this years N/A 79 Was there a liquidation, dissolution, termination, or substantial contraction during the year?
II Yes; attach a statement 80 a Is the orpanuauon related (other than by association with a statewide or nationwide organization) through common membership,
governing bodies, trustees, officers, etc , to any other exempt or nonexempt organization? b hues; enter the name otNeorganization " LOWER PEARL RIVER VALLEY FOUNDATION
and check whether 0 is M exempt or El nonexempt B7 i Enter direct or indirect political expenditures See line 81 instructions file 0
b Did the organization file Form 1120-POL for this year 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 b II Yes; you may indicate the value of these items here Do not include this amount as revenue in Part I or as an
expense in Part II (See instructions in Part III ) I 826 ~ N/A 83 a Did the organization comply with the public inspection requirements for returns and exemption applications?
b Did the organization comply with the disclosure requirements relating to quid pro quo contributions? 84 a 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 were not tax deductible? N/A
85 501(c)(4), (5), or (6)organ¢atrons a Were substantially all dues nondeductible by members N/A b Did she organization make only in-house lobbying expenditures of $2 .000 or less N/A
It Yes' was answered to either 85a or BSD, do not complete 85c through 85h below unless the organization received a v2rver for proxy fax owed for the prior year
e Dues, assessments, and simile amounts from members d Section 162(e) lobbying and poldical expenditures 85d N/A e Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices 85e N/A I Taxable amount of lobbying and political expenditures (line 85d less BSe) ~ 85f N/A p Does the organization elect to pay the secLOn 6033(e) tax on the amount on line 85tt N/A h If section 6D33(e)(1)(A) dues notices were sent, does the organization agree to add the amount on line 851 to it reasonable estimate of dues
allocable to nondeductible lobbying and political expenditures for the following tax year? N/A 86 507(c)(n organ¢ahons Enter a ImGahon lees and capital contributions included on line 12 86A N / A
b Grass receipts, included on line 12, for public use of club facilities 86b N / A 87 501(c)(t2) organaahons Enter a Gross income from members or shareholders 87a N / A
b Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them ) 87D N /A
88 At any lime 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 3017701-2 and 301 7701-32 If Yes; complete Part IX 88 X
89 a 501(c)(3) organizations Enter Amount of tax imposed on the organization during the year under section 49111 0 . , section 4912 . 0 . . , section 4955 . 0 .
6 501 (c)(3) and 501(c)(4) organizations Did the organization engage in any section 4958 excess benefit transaction during 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 X
c Enter Amount of lax imposed on the organization managers or disqualified persons during the year under sections 4972,4955,and4958 111~ p ,
d Enter Amount of tax an line 89c, above, reimburses by the organization 0. 0 . 90 a List the states with which a copy of this return is filed " None
D Number of employees employed in the pay period that includes March 72, 2002 ~ 90b ~ 2 0 91 1Tiehooksueincare ot 10- SIDNEY WHITLEY Telephone no " 601-799-5353
Loratedai " PICAYUNE, MS ZIPa4 . 39466
92 Section 4947(a)(7) nonexempt charitable trusts filing Form 990 m lieu o! Form 101-Check here 1 and enter the amount of tax-exempt interest received or accrued during the tax year " 1 92 ~ N/A
201 2 03 Form 990 (2002)
6
_.(D) (E)
Amount Related or exempt function income
(A) (e) smess I I Amount
e b e d e
104 Subtotal (add columns (B), (D), and (E)) 105 Total (add line 104, columns (B), (D), and (E)) 605 .068 .
amount on line 12 . Part I cart vlll neiauvnsmp or mcnvaies co me Accompusnmenc or txempt rurposes (see page ;iz or me instructions ) Line No Explain how each activity for which income is reported in column (E) of Part At contributed importantly to the accomplishment of the organization's
exempt purposes (other than by providing funds for such purposes)
32 of the instructions
Name, address, and EIN of of I Nature
(a) Did the organization, during the year, receive any funds, directly or indirectly, ft (b) Did the orpanvauon, during the year, pay premiums, directly or indirectly, on a Note d 'Yes' to h file Form 8870 and Form V20 (see instructions)
tum nGudmp em~mp =Pan ~ltip pt I declare t
%W
PIeBS! ;,anao piste ~tlaretiony, )bei,.aonN~mt~/I $100 r7 ~~ I ~~/ , Here I / SionaNre of ottic
Paid Prepareis signature I
Preparers FM srr~a(a ILAOR USG Only Y°°'$ ̂ Zl-vnPioY.a P .0
2331C1 ~dbsss end 01 IZ-03 ZAP . 4 ' LAU
Form 990
Note Enter gross amounts unless otherwise indicated
93 Program service revenue a PROGRAM SERVICES REVENU b c d e f Medicare/Medicaid payments p Fees and contracts from government agencies
94 Membership dues and assessments 95 Interest on savings and temporary cash investments 96 Dividends and interest from securities 97 Net rental income or (loss) from real estate a debt-financed property b not debt-financed property
98 Net rental income or (loss) from personal property 99 Other investment income 100 Gain or (loss) ham sales of assets
other than inventory 101 Net income or (loss) from special events 102 Gross profit or (loss) from sales of inventory 103 Other revenue
31 of the Instructions
ju", AO W CPA GROUP BOX 768
SCHEDULE A Organization Exempt Under Section 501(c)(3) rn^ 990 °r 990-EZ) (Except Private Foundation) and Section 501(e), 507(f), 501(k),
501(n), or Section 4947(e)(1) Nonexempt Charitable Trust
Dapertmenl of NeTreawry Supplementary Information-(See separate instructions lnt~~~ a~wue s~ia ji~ MUST be completed by the above organizations end attached to their Form 990 or 990-E2 Name of the organization I
SOUTHERN REGIONAL CORPORATION
OMB No 7515-007
2002
Compensation of the Five Highest Paid Independent Contractors for Professional Services
(b) Type al service I (c) Compensation
Schedule A (Form 990 or 990-EZ) 2002 zza,o,A, zs-o3 LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 and Form 990-EZ
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (See gape 7 0l the instructions List each one If there are none, enter'None') (a) Name and address of each employee paid (b) Title an average ours ( w~~ (e
more than $50,000 per week devoted to (s) Compensation p,.�~ d��� ~ accoi oosrhon mmo.vue~ al
CHARLES R . PARTRIDGE
---------------------------------
Toizl number of other employees paid
(a) Name and address of each independent contractor paid more than $50,000
None
Total number of others receiving over
Part II I Statements About Activities (See page 2 of the instructions ) No
3 Does the organization make grants for scholarships, fellowships, student loans, etc ? (See Note below ) 4 Do you have a section 403(b) annuity plan for your employees Note Attach a statement to Wlam how the orgaraahon detPmunes that indmduals w aganaafrons receiving grants w bans from R m furtherance of it charitable programs 'qualAy' to receive payments
about the supported organizations (See gape 5 of the
(a) Name(s) of supported organuation(s)
to test far public sateN Section 5091a1(4) (See uaae 5 of Schedule A /Form 990 or 990-EZ)2002
During the year, has the organization attempted to influence national, state, or local legislation, including any attempt to influence public opinion an a legislative matter or referendums It 'Yes: enter the total expenses paid or incurred in connection with the lobbying acWNes " $ $ (Must equal amounts on line 38, Part VI-A, or line i of Part VI-B ) Organizations that made an election under section 501(h) by filing Form 5768 must complete Part N-A Other organizations checking Yes; must complete Part VI-B AND attach a statement giving a detailed description of the lobbying acWrties During the year, has the organization, either directly or indirectly, engaged in any of the following acts with any substantial contributors, trustees, directors, officers, creators, key employees, or members o1 their families, or with any taxable organization with which any such person is affiliated as an officer, director, trustee, majority owner, of principal beneficiary? (11 the answer to any question is 'Yes,' attach adetailed sraremenrexplaining tnetransactans)See Statement 5
a Sale, exchange, or leasing of property?
b Lending of money or other extension of credit?
c Furnishing of goods, services, or facilities'?
d Payment of compensation (or payment or reimbursement of expenses d more than $1,000)?
e Transfer of any part o1 its income or assets
The organization is not a private foundation because h is (Please check any ONE applicable box ) 5 ~ A church, convention of churches, or association of churches Section 170(6)(1)(A)(i) 6 ~ A school Section 170(b)(1)(A)(n) (Also complete Part V ) 7 ~ A hospital or a cooperative hospital service organization Section 170(b)(1)(A)(ni) B D A Federal, state, or local government or governmental unR Section 170(b)(1)(A)(v) 9 ~ A medical research organization operated in conjunction with a hospital Section 170(6)(1)(A)(n) Enter the hospital's name, city,
and state 10 0 M organization operated for the benefit of a college or university owned or operated by a governmental and Section 170(b)(1)(A)(rv)
(Also complete the Support Schedule in Part IV-A) 110 0 M organization that normally receives a substantial part of its support from a governmental and or from the general public
Section 170(b)(1)(A)(w) (Also complete the Support Schedule in Part IV-A) ttb E] A community trust Section 170(b)(1)(A)(w) (Also complete the Support Schedule in Part IV-A) 12 Ex] M organization that normally receives (1) more thin 33 1!3°/. of it support from contributions, membership fees, and gross
receipts from activities related to it charitable, etc , functions -subject to certain exceptions, and (2) no more than 33 1/3% of its support from grass investment income and unrelated business taxable income (less section 571 tax) from businesses acquired by the organization otter June 30, 1975 See section 509(a)(2) (Also complete the Support Schedule in Part IV-A)
13 0 M organization that is not controlled by any disqualified persons (other than foundation managers) and supports organizations described in
14 ! l An
223111 01 Y7-O]
(6)Line number from above
in
2000 1 (c1 1999 1 fill 1998 15 gins, prams, ana conuiouuons
received (Do not include unusual
19 Net income from unrelated business activities not included in line 18
zp Tax revenues evie or e orqanin6on's benefit and enter paid to it or expended on its behalf
21 The value of services or facilities furnished to the orpanva6on by a governmental tine without charge Do not include the value of services or facilities generally furnished to the Public without charoe
28 Unusual Grants For an organization described in line 10, 11, or 12 that received any unusual grants during 1998 through 2007, prepare a list for your records to show, for each year, the name of the contributor, the date and amount of the grant, and a brief description of the nature of the grant Do not file this list with your return Do not include these grants in line 15
223121 01 27-03 None Srheduie A (Farm 990 w 790-E2) 2002
Schedule A(Form990or990-EZ)2oo2 SOUTHERN REGIONAL CORPORATION 64-6001417 Page 3 Part IV-A Support Schedule (Complete only if you checked a box on line 10, 11, or 12 ) Use cash method of accoundna
year
17 Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charrtable,etc,purpose
18 Gross income hom interest, dividends, amounts received hom payments on securities loans (sec- tion 512(a)(5)), rents, royalties, am unrelated business taxable income (less section 511 taxes) from
zp umerincome Attach ascneauie ee Stateme t 6 Do not include pain or (loss) hom sale otcapital assets 7 . 050 . ~ 7 , 050 .
23 Total otlines l5through 22 225 461 . 206 736 . 367 498 .17 379 356 . 18 179 051 . 24 Lme23minus line 17 60 . 3 24 . 78 982 . 236 266 . 2 , 945 , 838 . 3 321 410 . 25 Enter 1% otline 23 2 , 255 . 1 2 , 067 . 1 3 , 675 . 1 173 794 . 26 Organizations described on lines 10 or 11 a Enter 2% of amount m column (e), line 24 . 26a N/A
b Prepare a list for your records to show the name of and amount contributed by each person (other than a governmental unit or publicly supported organization) whose total pails for 1998 through 2001 exceeded the amount shown in line 261 Do not file this lift with your return Enter the sum of all these excess amounts " 26b N / A
e Total support for section 509(a)(1) test Enter line 24, column (e) " 26e N /A d Add Amounts from column (e) for lines 18 19
22 26n 111- 26a N /A e Public support (line 26c minus line 26d total) " 26e N/A f Public support percentage (line 26e (numerator) divided by line 26c (denominator)) . . . . . . . . . . . . . . . . . . . . . . " 261 N/A
27 Organizations described on line 12 a For amounts included in lines 15, 16, and 77 that were received ham a'disqualdied person; prepare a list for your records to show the name of, and total amounts received m each year hom, each 'disqualified person' Do not file this list with your return Enter the sum of such amounts for each year (2001) 0 . (2000) 0 . (1999) 0 . (1998) 0 .
b For any amount included in line 77 Nat was received from each person (other than *disqualified persons, prepare a list for your records to show the name of, and amount received for each year, that was more than the larger of (7) the amount on line 25 for the year or (2) $5,000 (Include in the list organizations described in lines 5 through 71, 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 these differences (the excess amounts) for each year (2001) 0 . (2000) 0 . (1999) 0 . (1998) 0 .
e Add Amounts from column (e) for lines 15 16 17 14,857,641 . 20 21 10- 27c 14 857 641 .
d Add Line 27a total 0 . and line 276 total 0 . " 21d 0 . e Public support (line 27c total minus line 27d total) " 27e 14 , 857 , 641 . 1 Total support for section 509(a)(2) test Enter amount on line 23, column (e) " I 27f ~ 18,179, 051 . _ 9 Public support percentage (line 27e (numerator) divided by line 271 (denominator)) 1 2~7 _ 81 .72 9 5%
Schedule A(Form990or990-EZ)2002 SOUTHERN REGIONAL CORPORATION 64-6001417 P Part V Private School Questionnaire (See page 7 of the instructions) N/A
(fo be completed ONLY by schools that checked the box on line 6 in Part IV)
No
34 a Does the organization receive any financial aid or assistance from a governmental agency? b Has the organization s right to such aid ever been revoked or suspended
If you answered Yes'to either 34a or D, please explain using an attached statement 35 Does the organization certify that it has complied with the applicable requirements of sections 4 01 through 4 OS of Rev Proc 75-50,
29 Does the organization have a raciafry nondiscriminatory policy toward students by statement in its charter, bylaws, other governing instrument, or in a resolution of its governing body?
30 Does the organization include a statement of its racially nondiscriminatory policy toward students in all it brochures, catalogues, and other written communications with the public dealing with student admissions, programs, and scholarships
31 Has the organization publicized it racially nondiscriminatory policy through newspaper or broadcast media during the period of solicitation for students, or during the registration period d h has no solicitation program, in a way that makes the policy known to all parts of the general commundy it serves? If Yes; please describe, if 'No : please explain (If you need more space, attach a separate statement)
32 Does the organization maintain the following a Records indicating the racial composition of the student body, faculty, and administrative staff? b Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory basis e Copies of all catalogues, brochures, announcements, and other written communications to the public dealing with student
admissions, programs, and scholarships? d Copies of all material used by the organization or on its behalf to solicit contributions?
If you answered 'No'to any al the above, please explain (If you need more space, attach a separate statement)
33 Does the organization discriminate by ace in any way with respect to a Students' rights or privileges? b Admissions policies? c Employment of faculty or administrative staff? d Scholarships or other financial assistance? e Educational policies I Use of facilities? g Athletic programs? h Other extracurricular activities?
If you answered Yrs'to any of the above, please explain (If you need more space, attach a separate statement)
Schedule A (Form 990 or 990-EZ) 2002
Schedule A(Form990orss0-EZ)2002 SOUTHERN REGIONAL CORPORATION 64-6001417 Page 5 Part WA Lobbying Expenditures by Electing Public Charities (Seepage 9 0l the insnucuons ) N/A
(To be completed ONLY by an ehaible organization that filed Form 5768)
N/A
'41 ---
If there is an amount on either line 43 or line 44 . you must file Forth 4
4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) elec0on do not have to complete all of the five columns
below See the instructions for fines 45 through 50 on oaae 11 of the instructions )
Lobbying Expenditures During 4-Year Averaging Period
Ibl (c) (a) 2001 2000 1999
(e) Total
Calendar year (or (a) fiscal year beginning in) 10. 2002
45 Lobbying nontaxable amount
46 Lobbying ceiling amount 150% of line 45(e))
47 Total lobbying ex p enditures
48 Grassroots nontaxable amount
49 Grassroots ceiling amount 150°F, of line 48 ( e ))
50 Grassroots lobbying
Part VI-B Lobbying Activity by Nonelecting Public Charities (For reporting only by organizations that did not complete Part VI-A) (See page 11 of the instructions ) N / A
During the year, did tie organization attempt to influence national, slate or local legislation, including any attempt to Yes No Amount
influence public opinion on a legislative matter or referendum, through the use of a Volunteers D 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 1 Grants to other organizations forlobbying purposes 0 Direct contact with legislators, their staffs, government officials, or a legislative body h Rallies, demonstrations, seminars, conventions, speeches, lectures, or any other means ELI i Total lobbying expenditures (Add linesc through h ) 0 .
If Yes'to any of the above, also attach a statement giving a detailed description of the lobbying activities oi3zz as Schedule A (Form 990 or 990-EZ) 2002
(The term expenditures' means amounts paid or incurred
36 Total lobbying expenditures to influence public opinion (grassroots lobbying) 37 Total lobbying expenditures to influence a legislative body (direct lobbying) 38 Total lobbying expenditures (add lines 36 and 37) 39 Other exempt purpose expenditures 40 Total exempt purpose expendRures (add lines 38 and 39) 41 Lobbying nontaxable amount Enter the amount from the follovnnp table -
If the amount on line 40 is - The lobbying nontaxable amount is - NOt Ow 5500 000 20% of Me inWnt on line b
Ova 31000,000 but not over $i 500 000 5175 000 plus >^ of Me axcaa ms S 1,000,D00
O"" $1500 000 EN rot ovs $17,0011000 3225.000 ON. 5% of the expg5 OM 31 500 000
0vs $17 000 000 31000000
42 Grassroots nontaxable amount (enter 25%. of line 41) 49 Subtract line 42 from line 36 Enter -0- d line 42 is more than line 36 M Subtract line 47 from line 38 Enter -0- d line 41 is more than line 38
(a) I (b) Affiliated group To be completed far ALL
totals electing organizations
52 a Is the organization directly or indirectly affiliated with, or related to, one or more tax-exempt organizations described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527? Yes No
p If Yes; complete the follovnn0 schedule N / A (b)
Schedule A(Form990or990-EZ)2002 SOUTHERN REGIONAL CORPORATION 64-6001417 Page 6 'Part VII Information Regarding Transfers To and Transactions and Relationships With Nonchantable
Exempt Organizations (See pane 12 of the instructions ) 51 Did the reporting organization directly or indirectly engage in any of the following with any other organization described in section
507(c) of the Code (other than section 501(c)(3) organizations) or m section 527, relating to political organinuons9 a Transfers from the reporting orpanuahon to a noncharila6le exempt organization of Yes No
(i) Cash 51a(j) X (u) Other assets apt) X
b Other transactions (i) Sales or exchanges of assets with a noncharitable exempt organization b(i) g (u) Purchases of assets from a noncharOble exempt organization b(n) X (m) Rental of facilities, equipment or other assets b ni) g (n) Reimbursement arrangements b(iv) X (v) Loans or loan guarantees b(v) (n) Performance of services or membership or fundraising solicitations b(vi) X
e Sharing of facilities, equipment, mailing lists, other assets, or paid employees c ]; d If the answer to any of the above is Yes; complete the following schedule Column (b) should always show the fair market value of the
goods, other assets, or services given by the reporting organization If the organization received less than fair market value m any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received N/A
(a) (b) (c) (d) Line no Amount involved Name of noncharitable exempt organization Description of transfers, transactions, and sharing arrangements
(a) Name of organization
M Description of relationship
SOUTHERN REGIONAL CORPORATION 64-6001417
Form 990 Other Expenses Statement 2
DUES & SUBSCRIPTIONS PURCHASED SERVICES UTILITIES INSURANCE OFFICE EXPENSE MISCELLANOUS TAXES CONTRACT LABOR REPAIRS LICENSES/PERMITS PERSONNEL TRAINING
Total (Line 23, Schedule A (Part IV-A-Cash Basis) $ 225,461 $ 206,736 $ 367,498 $ 17,379,356
SOUTHERN REGIONAL CORPORATION Reconciliation of Cash to Accrual Income
1998-2001
2001 2000 1999 1998
0 SUTHERN REGIONAL CORPC TION 64-6001417
ENTITY IS UNABLE TO ACCUMULATE ALL INFORMATION NECESSARY TO TIMELY FILE AND REQUESTS AN ADDITIONAL EXTENSION OF TIME TO NOVEMBER 15, 2003 TO FILE A COMPLETE AND ACCURATE RETURN .
Alternate Mailing Adchress - Enter the address if you want the copy of this application for an additional 3 month extension returned to an address different than the one entered above
Name
Type I Number and street Include suite, room, or ape no ) Or a P O box number orpnnt I n n nnY 7ra
City or town province or state, and country (including postal or ZIP code)
" It y +u are riling for an Additional (not automatic) 3-Month Extension, complete only Part 11 and check this box Note Only complete Part II if you have already been granted an automatic 3-month extension on a previously filed Form 8868 " I1 you are filing for an Automatic 3-Month Extension, complete onl y Part I (on page 7) Part II Additional (not automatic) 3-Month Extension of Time - Must file Original and One Copy
Name of Exempt Organization Employer identification number Type or print nn,1mTrr.+nar III rnwrrr III nnnwmrnwr cA cnn1 nI ̂ I
��� ,ede Number, street and room or suite no II a P O box, see instructions For IRS use only °"°°°'°'° 1505 WILLIAMS AVENUE - bon, me return sn City, town or post office state, and ZIP code For a foreign address, see instructions nsvucuona . .., . . . .� ., . . .. -. n I r r
Check type of return to be filed (File a separate application for each return) Form 990 D Form 990 EZ ~ Form 990 T (sec 401(a) or a08(a) trust) 0 Form 1041 A 0 Form 5227 ~ Form 8870
0 Form 990 BL ~ Form 990 PF ~ Forth 990 T (trust other than above 0 Form 4720 E~J Form 6069
STOP Do not complete Part 11 if you were not already granted an automatic 3-month extension on a previously filed Form 8868
e .t t~ ,e C;rya~~za:~on Jces ro: hay=an off ice o" place of business i^ the 'Jr~'ed S'a'ss check this tro"
If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEM If this is for the whole group check this box 1 [::] If it is for part of the group, check this box 1 0 and attach a list with the names and EINS of all members the extension is for
4 I request an additional 3 month extension of time until November 15, 2003
5 For calendar year 2 0 0 z or other tax year beginning and ending 6 If this tax year is for less than 12 months, check reason ~ Initial return 0 Final return E::]Change in accounting period 7 State in detail why you need the extension
See Statement 7
8a If this application is for Form 990 BL, 990 PF 990 T, 4720 or 6069, enter the tentative tax, less any nonrefundable credits See instructions
b If this application is for Form 990 PF 990 T, 4720, or 6069, enter any refundable credits and estimated tax payments made Include any prior year overpayment allowed as a credit and any amount paid previously with Form 8868
c Balance Due Subtract line 8b from line Bat Include your payment with this form, or, if required, deposit with FTD coupon or if required by using EFTPS (Electronic Federal Tax Payment System) See instructions $ NBA
Signature and Verification Under penalties of penury, I declare that I have examined this form, including accompanying schedules and statements, and to the best o1 my knowledge and belief, it is true, correct, and complete, and that I am authorized to prepare this form
~y Notice to Applicant - To Be Completed by the IRS LGI We have approved this aDphcabon Please attach this dorm to the organization's return s. ..,~ p~rP
We have not approved this application However, we have granted a 10day grace period from the IatecWtt~,§~9nown below or the due date of the organization s return (including any prior extensions) This grace period is considered to be'S~velid extension Cof _t~q~g~fpr elections otherwise required to be made on a timely return Please attach this loan to the organization's return ~~ J ~ZUV~ We have not approved this application After considering the reasons stated in item 7, we cannot grant your P quest for f1Ee~~~iDE time to file We are not granting the 10day grace period pAWE~SK~ BLESSING, We cannot consider this application because it was filed after the due date of the return tar which an e~q09~'te~uested
