2023-05-14T16:58:21-05:00 2022-06-30 620428728 REYNOLDS BONE & GRIESBECK PLC 5100 WHEELIS DRIVE SUITE 300 MEMPHIS TN 381174568 990 2021-07-01 620540400 THE HUTCHISON SCHOOL HUTC 9017626676 1740 RIDGEWAY ROAD MEMPHIS TN 38119 MELISSA BAKER CHIEF FINANCIAL OFFICER 9017626676 2023-05-14 1 MELISSA BAKER 999009999 KELLY S CROW P01519168 9016822431 2023-05-14 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z MELISSA BAKER 1740 RIDGEWAY ROAD MEMPHIS TN 38119 24188665 0 X WWW.HUTCHISONSCHOOL.ORG X 1964 TN SEE SCHEDULE O 25 24 247 24 21178 0 3899097 2987572 18917250 20006237 1057436 496933 148089 16851 24021872 23507593 1713913 1751817 0 0 13792203 14177570 0 0 852221 6037646 6754924 21543762 22684311 2478110 823282 51078822 48391428 22030156 21854062 29048666 26537366 HUTCHISON SCHOOL IS AN INDEPENDENT, COLLEGE PREPATORY SCHOOL FOR GIRLS. THE SCHOOL IS DEDICATED TO PROVIDING ACADEMIC EXCELLENCE AND PARALLEL DEVELOPMENT OF MIND, BODY, AND SPIRIT AS IT EDUCATES YOUNG WOMEN FOR LIVES OF INTEGRITY AND RESPONSIBLE CITIZENSHIP. 0 0 19977183 1751817 19966222 THE HUTCHISON SCHOOL PROVIDES PRE-KINDERGARTEN AND KINDERGARTEN CLASSES AS WELL AS CLASSES FOR GRADES 1 - 12. 19977183 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 79 0 1 247 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 TN X X MELISSA BAKER 9017612220 1740 RIDGEWAY ROAD MEMPHIS TN 38119 MEGAN WELLFORD GRINDER CHAIRMAN 2.00 X X 0 0 0 WILLIAM W DEUPREE III VICE CHAIRMAN 2.00 X X 0 0 0 WILLIAM TAYLOE TREASURER 2.00 X X 0 0 0 EDWARD J DOBBS SECRETARY 2.00 X X 0 0 0 EMILY BRYCE BOWIE TRUSTEE 1.00 X 0 0 0 JENNY CARTER TRUSTEE 1.00 X 0 0 0 ALLISON CATES TRUSTEE 1.00 X 0 0 0 DR REGINALD COOPWOOD TRUSTEE 1.00 X 0 0 0 CHRIS CROSBY TRUSTEE 1.00 X 0 0 0 MELISSA CONRAD GRIMES TRUSTEE 1.00 X 0 0 0 DR SHARI JEFFERIES TRUSTEE 1.00 X 0 0 0 VEAZEY GULLY KRAUSNICK TRUSTEE 1.00 X 0 0 0 KIM CRAIN LOWRANCE TRUSTEE 1.00 X 0 0 0 RAGAN MAGNESS TRUSTEE 1.00 X 0 0 0 ANDREW R MCCARROLL TRUSTEE 1.00 X 0 0 0 MICHELLE NELSON MILLER TRUSTEE 1.00 X 0 0 0 RICHARD C MOORE JR TRUSTEE 1.00 X 0 0 0 AMY R POAG TRUSTEE 1.00 X 0 0 0 SEQUOIA TAYLOR TRUSTEE 1.00 X 0 0 0 MUFFY TURLEY TRUSTEE 1.00 X 0 0 0 TODD WATSON TRUSTEE 1.00 X 0 0 0 CRAIG WEISS TRUSTEE 1.00 X 0 0 0 MCLEAN WILSON TRUSTEE 1.00 X 0 0 0 PAUL YOUNG TRUSTEE 1.00 X 0 0 0 KRISTEN D RING HEAD OF SCHOOL, TRUSTEE 40.00 X X 356462 0 63895 MELISSA BAKER CHIEF FINANCIAL OFFICER 40.00 X 143169 0 25032 ADRIENNE FORGETTE HEAD OF UPPER SCHOOL 40.00 X 112523 0 74760 CATHERINE CHUBB ASSISTANT HEAD OF SCHOOL 40.00 X 120718 0 60975 TRACEY FORD ARTS & COMMUNITY ENGAGEMENT DIRECTOR 40.00 X 105838 0 30400 SUSAN STEINKAMP OPERATIONS DIRECTOR 40.00 X 109941 0 14072 JO'LOREAL GUY DIRECTOR OF STRATEGY 40.00 X 102729 0 13947 1051380 0 283081 11 0 1 0 SAGE DINING SERVICES INC 1402 YORK ROAD LUTHERVILLE MD 21093 FOOD SERVICES 785424 BLACKBAUD 65 FAIRCHILD STREET CHARLESTON SC 29492 ENTERPRISE SOFTWARE PROVIDER 200924 4 2987572 17880 2987572 STUDENT TUITION 611110 19288506 19288506 SUPPORT SERVICES 611110 578727 578727 SUMMER CAMP 611110 139004 139004 20006237 295658 295658 13200 0 13200 13200 13200 353000 151725 201275 201275 201275 367170 529347 -162177 -183355 21178 ADMINISTRATIVE - OTHER SOURCES 611110 143340 143340 INSURANCE INCOME 611110 22488 22488 165828 23507593 19966222 21178 532621 1751817 1751817 525953 525953 11282963 10089527 612770 580666 2368654 2084174 170463 114017 15000 15000 275792 275792 1442052 1423983 12387 5682 474681 474681 1638070 1617545 14071 6454 DINING SERVICES 801392 801392 GENERAL INSTITUTIONAL 730271 360315 224554 145402 INSTRUCTION 530116 530116 STUDENT SERVICES 438649 434732 3917 408901 408901 22684311 19977183 1854907 852221 1800 1797 4969074 5213203 622036 439129 348996 280063 200387 84783 70178 101455 53971483 34022409 20578601 19949074 23641565 21684007 646185 637917 51078822 48391428 932953 1114151 7158826 7493581 13820000 13220000 118377 26330 22030156 21854062 X 23344316 20530971 5704350 6006395 29048666 26537366 51078822 48391428 823282 -3334582 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26961801 1157738 -2830161 85245 1502024 1200 23700909 21209557 431960 5762954 76360 341310 25000 26961801 22745653 467707 -316136 76250 1611900 -483 21209557 23169212 1708630 669770 64200 2733950 3809 22745653 21567563 1371901 1185549 60000 902943 -7142 23169212 0.75790 0.08790 0.15420 0 0 239559 239559 45672293 26788716 18883577 8059631 7233693 825938 19949074 JUNIOR CLASSICAL LEAGUE 247 MS STUDENT COUNCIL 587 US STUDENT COUNCIL 17305 LS SUNSHINE FUND 79 MS SUNSHINE FUND 279 ATHLETICS SPECIAL EVENTS 21 US SUNSHINE FUND 360 SOCCER DISCRETIONARY FUND 262 CLASS OF 2020 6690 ART CLUB 500 26330 X 18935541 -3334582 -1766817 -5101399 24036940 -529347 -529347 23507593 21446841 529347 529347 20917494 1766817 1766817 22684311 PART V, LINE 4: OPERATING SUPPORT, FINANCIAL ASSISTANCE, AND CAPITAL EXPENDITURES. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS RULED THAT THE SCHOOL QUALIFIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, NOT SUBJECT TO FEDERAL INCOME TAX UNDER PRESENT INCOME TAX LAWS. THE SCHOOL IS ALSO EXEMPT FROM STATE INCOME TAX UNDER TENNESSEE STATUTE 67-4-806(A). IN ACCORDANCE WITH U.S. GAAP, IF APPLICABLE, THE SCHOOL RECOGNIZES INTEREST EXPENSE AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSE. NO AMOUNTS HAVE BEEN RECOGNIZED IN OPERATING EXPENSES FOR THE YEAR ENDING JUNE 30, 2022 AND 2021. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID NETTED WITH STUDENT TUITION -1,751,817. INVESTMENT MANAGEMENT FEES -15,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: BUZZ SHOP COST OF SALES -529,347. PART XII, LINE 2D - OTHER ADJUSTMENTS: BUZZ SHOP COST OF SALES 529,347. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID NETTED WITH STUDENT TUITION 1,751,817. INVESTMENT MANAGEMENT FEES 15,000. 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 STATES ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL NEWSPAPER ADVERTISEMENTS THAT SOLICIT STUDENT REGISTRATION AND IN ALL BROCHURES AND PUBLICATIONS. 1 FINANCIAL ASSISTANCE 163 1751817 X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 KRISTEN D RING HEAD OF SCHOOL, TRUSTEE 317662 0 38800 0 0 0 20313 0 43582 0 420357 0 0 0 MELISSA BAKER CHIEF FINANCIAL OFFICER 143169 0 0 0 0 0 10182 0 14850 0 168201 0 0 0 ADRIENNE FORGETTE HEAD OF UPPER SCHOOL 112523 0 0 0 0 0 8677 0 66083 0 187283 0 0 0 CATHERINE CHUBB ASSISTANT HEAD OF SCHOOL 120718 0 0 0 0 0 9100 0 51875 0 181693 0 0 0 A HEALTH EDUCATIONAL AND HOUSING FACILITY BOARD OF THE COUNTY OF SHELBY TN 521283414 2012-10-03 3500000 CAPITAL EXPENDITURES 0 0 0 B HEALTH EDUCATIONAL AND HOUSING FACILITY BOARD OF THE COUNTY OF SHELBY TN 521283414 2012-10-03 14420000 CAPITAL EXPENDITURES 0 0 0 A 3500000 3500000 72873 0 0 1 1 B 1200000 14420000 48580 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 B 0 0 0 0 1 0 0 0 0 A 0 B 0 37830 TUITION REMISSION DISCOUNTED TUITION FOR INTERESTED PERSONS AND THEIR FAMILIES FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: HUTCHISON SCHOOL (THE SCHOOL) IS AN INDEPENDENT, COLLEGE PREPARATORY SCHOOL FOR GIRLS IN GRADES PRE-KINDERGARTEN THROUGH TWELVE. THE PURPOSE OF THE SCHOOL IS TO PROVIDE ACADEMIC EXCELLENCE AND THE PARALLEL DEVELOPMENT OF MIND, BODY, AND SPIRIT AS IT EDUCATES YOUNG WOMEN FOR LIVES OF INTEGRITY AND RESPONSIBLE CITIZENSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER AND HEAD OF SCHOOL REVIEW THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C AS OUTLINED IN THE BY-LAWS, POTENTIAL CONFLICTS OF INTEREST REQUIRE IMMEDIATE DISCLOSURE AND REVIEW BY THE BOARD OF TRUSTEES. AN ANNUAL DISCLOSURE STATEMENT IS REQUIRED TO BE SUBMITTED TO THE HEAD OF SCHOOL AND THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD USES COMPARABILITY DATA AND DELIBERATION/DECISION SUBSTANTIATION OF ACCOMPLISHMENTS, ETC. TO DETERMINE COMPENSATION. INDEPENDENT COMPENSATION CONSULTANTS ARE USED PERIODICALLY TO REVIEW/ADVISE ON COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT.