UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 ORor 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) ~~April~~ August 232, 2010

THE MONEY TREE INC.

(Exact name of registrant as specified in its charter)

Georgia

333-122531

58-2171386

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

114 South Broad Street

Bainbridge, Georgia

39817

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code (229) 246-6536

(Former name or former address, if changed since last report) Not Applicable.

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 45.0201. ~~Non-Reliance~~Changes onin ~~Previously~~Control ~~Issued~~of ~~Financial Statements or a Related Audit Report or Completed Interim Review~~Registrant.

On ~~April~~August 232, 2010, inBradley ~~response~~D. toBellville, ~~continuing comments from~~ the ~~Securities~~President and ~~Exchange~~current ~~Commission~~Chairman ~~in connection with the review~~ of ~~Post-Effective~~ Amendment No. 2 to Form S-1 Registration Statement (Commission File No. 333-157700) and Post-Effective Amendment No. 2 to Form S-1 Registration Statement (Commission File No. 333-157701) filed on February 18, 2010, the management of The Money Tree Inc. (the “~~Company~~Registrant”), purchased ~~concluded~~a ~~that~~controlling ~~the~~equity ~~previously~~interest ~~issued~~in ~~audited~~the ~~Consolidated~~Registrant. ~~Financial~~Mr. Bellville ~~Statements~~purchased ~~contained~~1,962 inshares of the ~~Company~~Registrant’s ~~Annual~~Class A ~~Report~~voting oncommon ~~Form~~stock ~~10-K~~ and ~~Quarterly~~8,954 ~~Reports~~shares ~~on Form 10-Q as~~ of ~~and for each of~~ the ~~years~~Registrant’s ~~and~~Class ~~related~~B ~~quarters for the three~~non-~~year~~voting ~~period~~common ~~ended September 25~~stock, ~~2009~~which represents ~~and~~73.05% ~~as of~~ and ~~for the quarter ended December 25~~33.34%, ~~2009~~respectively, ~~should no longer be relied upon because~~ of ~~a required change to~~ the ~~Company’s~~total ~~charge-off policy~~of ~~for~~such ~~bankrupt~~shares ~~accounts~~outstanding.

~~The~~Mr. Bellville ~~Company~~purchased ~~historically~~the ~~has used average charge-off rates for its entire consumer loan~~shares ~~portfolio~~from ~~to determine~~ the ~~amount~~Vance ~~of the related allowance for credit losses~~R. ~~However,~~Martin ~~consumer~~GST ~~loans~~Exempt ~~that~~Family ~~have~~Trust ~~become~~(the ~~bankrupt~~“Vance ~~accounts~~R. ~~inherently~~Martin ~~have~~Family ~~different~~Trust”) ~~risk~~f/b/o ~~characteristics and terms than other consumer loans and therefore should be analyzed separately~~W. ~~After~~Derek ~~analyzing its consumer bankruptcy portfolio~~Martin, the ~~Company~~Registrant’s ~~has~~former ~~determined~~Chairman ~~that its policy with respect to consumer bankrupt accounts did not sufficiently reserve for loan losses at the time that customers filed for bankruptcy,~~ and ~~thus~~son ~~did~~of ~~not accurately reflect~~ the ~~likelihood~~Registrant’s ~~that such accounts eventually would be charged off. Accordingly~~founder, ~~the~~for ~~Company has revised its policy to utilize~~ a ~~cost~~total ~~recovery~~purchase ~~approach~~price toof ~~income recognition related to bankrupt accounts~~$750,000. ~~Management~~Of of the purchase ~~Company~~price, ~~has~~$100,000 ~~decided~~was ~~that~~paid ~~consumer~~in ~~bankrupt~~cash ~~accounts~~at ~~should~~the beclosing ~~fully~~with ~~charged~~the ~~off~~remainder ~~within~~financed 30by ~~days after receipt of~~ the ~~notice~~Vance ~~of bankruptcy filing~~R. ~~Any~~Martin ~~amounts~~Family ~~later collected with respect to such accounts will be treated as recoveries of charge-offs~~Trust.

~~This~~The remainder ~~error~~of ~~affects~~the ~~net income, total assets and shareholders~~Registrant’s ~~equity.~~outstanding Asshares ~~soon~~are asheld ~~practicable,~~ by the ~~Company~~Vance ~~expects~~R. toMartin ~~restate~~Family ~~its~~Trust ~~Consolidated~~f/b/o ~~Financial~~Jefferey ~~Statements~~V. toMartin, ~~accurately~~one ~~reflect~~of ~~its~~the ~~financial~~Registrant’s ~~position~~directors and ~~results~~son of ~~operations~~the Registrant’s founder, and tof/b/o ~~amend~~Grace ~~its~~M. ~~Annual~~Johnston, ~~Report~~daughter onof the ~~Form~~Registrant’s ~~10-K~~founder. ~~for~~After the ~~year ended September 25~~closing, ~~2009~~the ~~and~~Registrant’s ~~Quarterly~~outstanding ~~Report on~~shares ~~Form~~were ~~10-Q~~owned ~~for~~as ~~the~~follows: ~~quarter ended December 25, 2009.~~

~~The~~Class ~~Company~~A ~~has~~Voting ~~discussed~~Common ~~with Carr, Riggs & Ingram, LLC, the Company’s independent registered public accounting firm, the matters described above.~~ Stock


Bradley D. Bellville	1,962 shares	73.05	%
The Vance R. Martin Family Trust f/b/o Jefferey V. Martin	362 shares	13.48	%
The Vance R. Martin Family Trust f/b/o Grace M. Johnston	362 shares	13.48	%

	2,686 shares	100.00	%


Class B Non-Voting Common Stock


Bradley D. Bellville	8,954 shares	33.34	%
The Vance R. Martin Family Trust f/b/o Jefferey V. Martin	8,953 shares	33.33	%
The Vance R. Martin Family Trust f/b/o Grace M. Johnston	8,953 shares	33.33	%

	26,860 shares	100.00	%

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	THE MONEY TREE INC.	~~THE MONEY TREE INC.~~
Dated: April 29, 2010		By:	/s/ Steven P. Morrison
Dated: August 4, 2010	By:	/s/ Steven P. Morrison
		Name:	Steven P. Morrison
	Name: Steven P. Morrison
		Title:	Chief Financial Officer
	Title: Chief Financial Officer

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