2023-04-18T12:19:10-05:00 2022-05-31 621199757 LBMC PC PO BOX 1869 BRENTWOOD TN 370241869 990 2021-06-01 620488045 COLUMBIA ACADEMY COLU 9313885363 1101 WEST 7TH STREET COLUMBIA TN 38401 ANDREW WILLIAMS CFO 9313885363 2023-04-18 1 ANDREW WILLIAMS 999009999 JULIE DUNKIN P00742923 6153774600 2023-04-18 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DR JAMES THOMAS 1101 WEST 7TH STREET COLUMBIA TN 38401 14123390 0 X WWW.CABULLDOGS.ORG X 1979 TN COLUMBIA ACADEMY IS COMMITTED TO SERVING ITS STUDENTS SO THEY MASTER SKILLS, KNOWLEDGE, AND CHARACTER APPROPRIATE FOR THEM AND THEIR FUTURE WHILE BECOMING CHRIST-LIKE IN ATTITUDE AND BEHAVIOR. 13 13 232 50 0 0 2091716 2038882 9439955 10750931 432470 498699 0 0 11964141 13288512 103049 957110 0 0 6552105 6683596 0 81257 137738 3785095 3442677 10440249 11164640 1523892 2123872 16123971 17513853 6923529 6591291 9200442 10922562 COLUMBIA ACADEMY IS COMMITTED TO SERVING ITS STUDENTS SO THEY MASTER SKILLS, KNOWLEDGE, AND CHARACTER APPROPRIATE FOR THEM AND THEIR FUTURE WHILE BECOMING CHRIST-LIKE IN ATTITUDE AND BEHAVIOR. 0 0 9955168 957110 10750931 GRADES PRE-K-12: PROVIDE PRIMARY AND SECONDARY EDUCATION. 9955168 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 34 0 1 232 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANDREW WILLIAMS 9313885363 1101 WEST 7TH STREET COLUMBIA TN 38401 X BRAIN COGGINS DIRECTOR 1.00 X 0 0 0 MALLORY HAILE DIRECTOR 1.00 X 0 0 0 TIM GARRISON VICE CHAIRMAN 1.00 X X 0 0 0 SETH LASATER CHAIRMAN 1.00 X X 0 0 0 ADRIENNE LAW DIRECTOR 1.00 X 0 0 0 DAVID MORRIS SECRETARY 1.00 X X 0 0 0 AMY GREENE DIRECTOR 1.00 X 0 0 0 LANDON LOVEALL DIRECTOR 1.00 X 0 0 0 CASON SHIRLEY DIRECTOR 1.00 X 0 0 0 ALAN THOMASON TREASURER 1.00 X X 0 0 0 JOY MCDONALD DIRECTOR 1.00 X 0 0 0 MACK GARVIN DIRECTOR 1.00 X 0 0 0 AUSTIN SIMMONS DIRECTOR 1.00 X 0 0 0 VICKIE COFER DIRECTOR THRU 12/21 1.00 X 0 0 0 BETH FOSTER VICE CHAIR THRU 12/21 1.00 X X 0 0 0 JACOB LOVE TREASURER THRU 12/21 1.00 X X 0 0 0 JAMES THOMAS PRESIDENT 40.00 X 130104 0 6870 130104 0 6870 1 0 0 0 0 163647 45500 437417 1392318 493760 2038882 TUITION AND FEES 611110 9887444 9887444 AUXILLARY REVENUE 611110 771181 771181 ATHLETIC PROGRAM REVENUE 611110 92306 92306 10750931 85917 85917 1243160 830378 412782 412782 412782 4500 163647 4500 0 13288512 10750931 0 498699 X 957110 957110 5540157 4899090 635323 5744 129396 116696 12200 500 609690 538193 71497 404353 350262 53708 383 8336 8336 36632 36632 81257 81257 33239 33239 2833 2833 67353 67353 98095 98095 3050 3050 182896 182829 67 227871 227758 113 800403 787736 12667 109198 89922 19276 SUPPLIES 492915 474696 16848 1371 MAINTENANCE 303502 293380 10122 0 UTILITIES 298198 275627 22571 0 FOOD AND KITCHEN SUPPLI 276614 276614 0 0 501542 316757 136369 48416 11164640 9955168 1071734 137738 1239069 2618881 272008 152572 30930 8762 8539 11917 6583 19842036 8495714 10668824 11346322 3770819 3466497 36101 16123971 17513853 1430280 1622301 487726 440563 4682125 4528427 323398 0 6923529 6591291 X 6218276 8219492 2982166 2703070 9200442 10922562 16123971 17513853 X 2123872 -761251 359499 X X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3765655 158533 -295789 164504 3463895 3134017 64361 723205 155928 3765655 3071579 101943 108268 147773 3134017 2390667 55642 2446309 2352888 37779 2390667 0.29510 0.70490 0.00000 0 0 713500 713500 16888424 6853155 10035269 1149566 891988 257578 1090546 750571 339975 11346322 X 12372183 -761251 5279 -755972 13128155 33239 127118 160357 13288512 11004283 0 11004283 33239 127118 160357 11164640 PART X, LINE 2: COLUMBIA ACADEMY, INC. AND THE FOUNDATION ARE BOTH EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3), AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE AMOUNT OF TAX BENEFIT GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. AS OF MAY 31, 2022, THE ACADEMY HAS ACCRUED NO INTEREST AND NO PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. IT IS THE ACADEMY'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. COLUMBIA ACADEMY, INC. AND THE FOUNDATION EACH FILE A U.S. FEDERAL INFORMATION TAX RETURN. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE ATTRIBUTABLE TO THE FOUNDATION ON A CONSOLIDATED AFS 5,279. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS TO INDIVIDUALS NETTED WITH REVENUE 127,118. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS TO INDIVIDUALS NETTED WITH REVENUE 127,118. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 A STATEMENT REGARDING THE ACADEMY'S NON-DISCRIMINATION POLICY IS WRITTEN IN THE STUDENT HANDBOOK AND ON ENROLLMENT/APPLICATION FORMS. IT IS ALSO PUBLISHED IN THE ANNUAL PUBLICATION, "THE COMMUNICATOR". X X X X X X X 1 DICKERSONBAKKER PO BOX 98685 RALEIGH NC 27624 CONSULTING FOR CAPITAL CAMPAIGN 0 0 81257 -81257 81257 -81257 TN ANNUAL CARE DINNER -SUMMER BBQ 168147 163647 4500 4500 168147 163647 4500 4500 4500 0 SCHEDULE G, PART I, LINE 2B, COLUMN (V) PAYMENT FOR THE PROFESSIONAL CONSULTING SERVICE FOR THE ORGANIZATION'S CAPITAL CAMPAIGN 1 FINANCIAL AID 66 127118 TUITION REMISSION 145 829992 PART I, LINE 2 APPLICANTS COMPLETE AN ONLINE APPLICATION WITH TUITION AID DATA SERVICES (TADS). TADS ASSISTS THE SCHOOL IN SUMMARIZING AND ANALYZING THE INFORMTION. THE FINANCIAL AID COMMITTEE AT COLUMBIA ACADEMY USES THIS INFORMATION TO DETERMINE AWARDS. ALL AWARDS ARE APPLIED AS TUITION CREDITS AND CANNOT BE REFUNDED; HENCE, THERE IS NO EXCHANGE OF FUNDS. X 22 493760 STOCK MARKET 0 0 1 PART I, LINE 32B: OCCASIONALLY THE SCHOOL WILL RECEIVE GIFTS OF PUBLICLY TRADED STOCK. THE SCHOOL'S POLICY IS TO IMMEDIATELY LIQUIDATE STOCK GIFTS. R.W. BAIRD, WHO HANDLES THE SCHOOL'S ENDOWMENT ACCOUNTS, WILL SELL THE STOCK AND DISTRIBUTE THE PROCEEDS TO THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS THE FORM 990 PRIOR TO FILING AND PROVIDES ANY FEEDBACK TO THE CFO. FORM 990, PART VI, SECTION B, LINE 12C THE PRESIDENT, CFO, AND BUSINESS MANAGER ARE INFORMED OF ALL EMPLOYEMENT HIRING DECISIONS AS WELL AS NEW VENDOR CONTRACTS. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL'S BOARD OF DIRECTORS DETERMINES THE COMPENSATION FOR THE PRESIDENT. THE PRESIDENT HAS FNIAL AUTHORITY OVER THE COMPENSATION OF ALL OTHER EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 24E MISCELLANEOUS: PROGRAM SERVICE EXPENSES 109,952. MANAGEMENT AND GENERAL EXPENSES 72,710. FUNDRAISING EXPENSES 31,504. TOTAL EXPENSES 214,166. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 36,861. MANAGEMENT AND GENERAL EXPENSES 52,076. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 88,937. SPECIAL PROJECTS: PROGRAM SERVICE EXPENSES 63,983. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 6,303. TOTAL EXPENSES 70,286. PROFESSIONAL SERVICE: PROGRAM SERVICE EXPENSES 39,432. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 10,609. TOTAL EXPENSES 50,041. RESTRICTED EXPENSE: PROGRAM SERVICE EXPENSES 43,074. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,074. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 12,015. MANAGEMENT AND GENERAL EXPENSES 11,583. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,598. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 11,440. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,440. FORM 990, PART XI, LINE 9: UNREALIZED CHANGE IN INTEREST RATE SWAP 359,499. FORM 990 PART XII; LINE 2C EXPLANATION THE BOARD HAS MADE NO CHANGES IN THE OVERSIGHT OR SELECTION PROCESSES FOR THE INDEPENDENT AUDIT DONE FOR THE ORGANIZATION. COLUMBIA ACADEMY FOUNDATION 1101 WEST 7TH STREET COLUMBIA TN 38401 621257380 RECEIVES GRANTS AND GIFTS USED FOR TAX EXEMPT PURPOSES TN 501(C)(3) LINE 12A, I COLUMBIA ACADEMY 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0