2024-11-06T11:04:40-06:00 2024-05-31 621093134 JOHNSON MURPHEY & WRIGHT PC 301 NORTH MARKET STREET CHATTANOOGA TN 37405 990 2023-06-01 620476284 BRIGHT SCHOOL INC BRIG 4232678546 1950 MCDADE LANE CHATTANOOGA TN 37405 KRISTIN WATTS HEAD OF SCHOOL 4232678546 2024-11-06 1 0 MARIANNE HART GREENE CPA P01217461 4237561170 2023 2024-10-15 13:58:12Z KRISTIN WATTS 1950 MCDADE LANE CHATTANOOGA TN 37405 9384952 0 X WWW.BRIGHTSCHOOL.COM X 1938 TN SCHOOL COMMITTED TO BUILDING A FOUNDATION TO BECOME WISE AND COMPASSIONATE CITIZENS OF THE WORLD 21 21 127 100 1697 0 812979 1647634 5928583 6367375 869973 1244924 91098 116695 7702633 9376628 400882 413665 0 0 3819296 4191600 0 0 326571 2521061 2478924 6741239 7084189 961394 2292439 19962731 23022968 1132036 1591926 18830695 21431042 BRIGHT SCHOOL, THE OLDEST INDEPENDENT ELEMENTARY COEDUCATIONAL SCHOOL IN TENNESSEE, IS COMMITTED TO THE INTELLECTUAL, ARTISTIC, PHYSICAL, AND MORAL GROWTH OF YOUNG BOYS AND GIRLS. 0 0 3996196 413665 6367375 PROVIDE EXCELLENT EDUCATIONAL INSTRUCTION FOR ELEMENTARY AGE BOYS AND GIRLS 1355548 MAINTENANCE 422860 SUMMER SCHOOL AND OTHER PROGRAMS 5774604 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 30 0 127 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 21 21 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X JENNIFER DILLON 4232678546 BRIGHT SCHOOL 1950 MCDADE LANE CHATTANOOGA TN 37405 BETSY RANNALLI CHAIR 2.00 X X 0 0 0 ROBERT BATSON TRUSTEE 2.00 X 0 0 0 APRIL BEAUPAIN TRUSTEE 2.00 X 0 0 0 CHASE BULLARD TRUSTEE 2.00 X 0 0 0 JONATHON BULLARD TRUSTEE 2.00 X 0 0 0 KAMRI BUSBY TRUSTEE 2.00 X 0 0 0 PHILIP BYRUM TRUSTEE 2.00 X 0 0 0 WILL CONROY SECRETARY 2.00 X X 0 0 0 RYAN DILLARD TRUSTEE 2.00 X 0 0 0 SCOTT JONES TRUSTEE 2.00 X 0 0 0 BETSY KATES TRUSTEE 2.00 X 0 0 0 MARIA MATTHEWS TRUSTEE 2.00 X 0 0 0 AMY MAHONE TRUSTEE 2.00 X 0 0 0 BARRY LARGE TRUSTEE 2.00 X 0 0 0 TODD PHILLIPS TRUSTEE 2.00 X 0 0 0 ANI RIGGS TRUSTEE 2.00 X 0 0 0 DANIEL SCEARCE VICE PRESIDENT 2.00 X X 0 0 0 JILL TICHY TRUSTEE 2.00 X 0 0 0 BRIAN TRAUTSCHOLD TRUSTEE 2.00 X 0 0 0 CAROLINE WALKER TRUSTEE 2.00 X 0 0 0 BRETT WILLIAMS TRUSTEE 2.00 X 0 0 0 KRISTIN WATTS HEAD OF SCHOOL 40.00 X 210390 0 12623 210390 0 12623 1 0 1 0 0 265725 1381909 1647634 TUITION AND FEES 611710 6367375 6367375 6367375 322837 1697 321140 922087 0 922087 922087 922087 125019 8324 116695 116695 9376628 6367375 1697 1359922 413665 413665 231842 231842 3303802 2744041 381940 177821 141684 108197 27218 6269 263912 221868 26872 15172 250360 196015 41896 12449 2852 2852 29232 29232 18810 18810 180063 89544 90519 26264 26264 118550 107622 10928 763789 754046 9743 52349 52349 57415 57415 500782 500782 77939 530 77409 FOOD & CAFETERIA 395206 395206 SCHOOL SUPPLIES 188670 188670 67003 2069 50336 14598 7084189 5774604 983014 326571 335192 3559328 4618766 1600 32500 28138 38185 38332 14187913 5816430 8400346 8371483 5997170 6886003 1976149 2702507 19962731 23022968 587795 600387 535160 991539 9081 0 1132036 1591926 X 15533374 17369317 3297321 4061725 18830695 21431042 19962731 23022968 2292439 307908 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6628224 809050 1082703 213700 8306277 6993253 295745 -367461 293313 6628224 7251141 98740 -172480 184148 6993253 4921329 968923 1527589 166700 7251141 4927203 149451 155325 4921329 0.51400 0.18300 0.30300 0 0 155546 155546 12089931 4795607 7294324 1701840 908185 793655 240596 112638 127958 8371483 VANGUARD 500 - INDEX ADMIRAL 2702507 F 2702507 X 9279195 307908 -413665 -105757 9384952 -8324 -8324 9376628 6678848 8324 8324 6670524 413665 413665 7084189 PART V, LINE 4: VARIOUS PURPOSES INCLUDING, BUT NOT LIMITED TO, CAPITAL IMPROVEMENTS, FACULTY IMPROVEMENTS, AND SCHOLARSHIPS. PART X, LINE 2: THE ENTITY ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITION BASED ON A MORE LIKELY THAN NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITION BEING SUSTAINED BASED ON THE MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION IS DEEMED TO BE UNCERTAIN, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A PROBABILITY ASSESSMENT. TAX POSITIONS INCLUDE, BUT ARE NOT LIMITED TO, THE TAX-EXEMPT STATUS AND DETERMINATION OF WHETHER INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX. THERE WERE NO UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS AT YEAR-END. PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION SCHOLARSHIPS AND REMISSIONS -413,665. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE -8,324. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE 8,324. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION SCHOLARSHIPS & REMISSIONS 413,665. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, & NATIONAL OR ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSION POLICIES & FINANCIAL AID PROGRAMS. AUCTION 125019 0 125019 8324 125019 125019 8324 8324 116695 1 TUITION SCHOLARSHIPS 43 364012 CASH EQUIVALENT REDUCTION IN TUITION TUITION REMISSIONS 10 49653 CASH EQUIVALENT REDUCTION IN TUITION X 0 0 0 0 0 0 0 0 0 KRISTIN WATTS HEAD OF SCHOOL 210390 0 0 0 0 0 0 0 12623 0 223013 0 0 0 NA N/A 17980 TUITION REMISSION TUITION ASSISTANCE FORM 990, PART VI, SECTION A, LINE 2 TWO MEMBERS OF OUR BOARD OF DIRECTORS, CHASE BULLARD AND JONATHON BULLARD, ARE SIBLINGS. THIS RELATIONSHIP DOES NOT INFLUENCE THEIR ABILITY TO SERVE IMPARTIALLY IN THEIR ROLES ON THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM AND SUBMITTED TO THE SCHOOL'S HEAD ADMINISTRATION FOR THE AUDIT COMMITTEE REVIEW. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND KEY EMPLOYEES REVIEW CONFLICT OF INTEREST POLICY PROVISIONS ANNUALLY THAT ARE STATED IN THE EMPLOYEE HANDBOOK. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS SUBJECT TO REVIEW AND APPROVAL BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS OPEN TO PUBLIC INSPECTION ARE AVAILABLE AT THE OFFICE UPON REQUEST. PART XII, LINE 2C THE SCHOOL HAS AN AUDIT COMMITTEE AS IN PRIOR YEARS. THE PROCESS OF SELECTING AN INDEPENDENT AUDITOR AND OVERSEEING THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.