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THE SOULSVILLE CHARTER SCHOOL LLC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
THE SOULSVILLE CHARTER SCHOOL LLC (EIN 20-1861028)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-01-14
IRS object ID
202530159349301358
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-01-14T14:53:35-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN621804252PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WATKINS UIBERALL PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11661 AARON BRENNER DR STE 300AddressLine1Txt
CityMEMPHISCityNm
State AbbreviationTNStateAbbreviationCd
ZIP38120ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201861028EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE SOULSVILLE CHARTER SCHOOL LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSOULBusinessNameControlTxt
Phone9012616366PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11115 COLLEGE STREETAddressLine1Txt
CityMEMPHISCityNm
State AbbreviationTNStateAbbreviationCd
ZIP38106ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonELIZABETH MONTGOMERY BROWNPersonNm
Person TitleCFOPersonTitleTxt
Phone9012616366PhoneNum
Signature2025-01-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRYAN D GRISSOM JRPreparerPersonNm
PTINP01750233PTIN
Phone9017612720PhoneNum
Preparation2025-01-14PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerELIZABETH MONTGOMERY BROWPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11115 COLLEGE STREETAddressLine1Txt
CityMEMPHISCityNm
State AbbreviationTNStateAbbreviationCd
ZIP38106ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$10,760,314GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SOULSVILLECHARTERSCHOOL.ORGWebsiteAddressTxt
Type Of Organization OtherYes (X)TypeOfOrganizationOtherInd
Other Organization DscLLCOtherOrganizationDsc
Formation2004FormationYr
Legal Domicile StateTNLegalDomicileStateCd
Activity Or MissionTHE SCHOOL IS DESIGNED TO PROVIDE ALTERNATIVES FOR STUDENTS IN SCHOOLS FAILING TO MAKE ADEQUATE PROGRESS, AS DEFINED BY THE STATE'S ACCOUNTABILITY. THE SCHOOL OFFERS RIGOROUS ACADEMICS IN A MUSIC AND ARTS RICH LEARNING ENVIROMENT.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee116TotalEmployeeCnt
Total Volunteers25TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$8,821,401PYContributionsGrantsAmt
CY Contributions Grants$10,334,180CYContributionsGrantsAmt
PY Program Service Revenue$394,946PYProgramServiceRevenueAmt
CY Program Service Revenue$362,115CYProgramServiceRevenueAmt
PY Investment Income-$65,972PYInvestmentIncomeAmt
CY Investment Income$48,126CYInvestmentIncomeAmt
PY Other Revenue$3,335PYOtherRevenueAmt
CY Other Revenue$10,802CYOtherRevenueAmt
PY Total Revenue$9,153,710PYTotalRevenueAmt
CY Total Revenue$10,755,223CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$6,352,190PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$6,862,517CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,491,035PYOtherExpensesAmt
CY Other Expenses$3,547,214CYOtherExpensesAmt
PY Total Expenses$9,843,225PYTotalExpensesAmt
CY Total Expenses$10,409,731CYTotalExpensesAmt
PY Revenues Less Expenses-$689,515PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$345,492CYRevenuesLessExpensesAmt
Total Assets BOY$20,681,726TotalAssetsBOYAmt
Total Assets EOY$20,667,652TotalAssetsEOYAmt
Total Liabilities BOY$10,855,773TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,471,220TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,825,953NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,196,432NetAssetsOrFundBalancesEOYAmt
MissionTHE SCHOOL IS DESIGNED TO PROVIDE ALTERNATIVES FOR STUDENTS IN SCHOOLS FAILING TO MAKE ADEQUATE PROGRESS, AS DEFINED BY THE STATE'S ACCOUNTABILITY. THE SCHOOL OFFERS RIGOROUS ACADEMICS IN A MUSIC AND ARTS RICH LEARNING ENVIROMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$7,323,011ExpenseAmt
Revenue$367,826RevenueAmt
DescOPERATION OF SCHOOL FACILITIES IN ORDER TO PROVIDE STUDENTS A RICH LEARNING ENVIROMENT.Desc
Total Program Service Expenses$7,323,011TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document53IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee116EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EDTEC INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6157635950PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1209 10TH AVE S STE 416AddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37203ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
TOM MARINO
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
JEFF BARNES
TREASURER1.00Yes (X)Yes (X)$0$0$0
LIZ GLOTZBACH
DIRECTOR1.00Yes (X)$0$0$0
STEVE GUINN
DIRECTOR1.00Yes (X)$0$0$0
BRUCE MCMULLEN
DIRECTOR1.00Yes (X)$0$0$0
DEANIE PARKER
DIRECTOR1.00Yes (X)$0$0$0
TEVITA WILLIAMS-DUMAS
DIRECTOR1.00Yes (X)$0$0$0
PAT MITCHELL WORLEY
DIRECTOR1.00Yes (X)$0$0$0
NESHANTE BROWN
EXECUTIVE DIRECTOR40.00Yes (X)$90,933$0$7,107
LAMONN DANIELS
DIRECTOR OF OPERATION40.00$114,698$0$4,814Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$205,631TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$11,921TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1REVOLVING ENRICHMENT LLCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 749454AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30374ZIPCd
FieldValueIRS element (for citing)
ServicesEDUCATIONAL SERVICESServicesDesc
Compensation$161,429CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$9,932,832GovernmentGrantsAmt
All Other Contributions$401,348AllOtherContributionsAmt
Total Contributions$10,334,180TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSCHOOL SERVICESDesc
Business611600BusinessCd
Total Revenue Column$362,115TotalRevenueColumnAmt
Related Or Exempt Func Income$362,115RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$362,115TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$53,217TotalRevenueColumnAmt
Exclusion$53,217ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$5,091OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$5,091OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$5,091TotalRevenueColumnAmt
Related Or Exempt Func Income-$5,091RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$10,802TotalRevenueColumnAmt
Related Or Exempt Func Income$10,802RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$10,802OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,755,223TotalRevenueColumnAmt
Related Or Exempt Func Income$367,826RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$53,217ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$98,040TotalAmt
Program Services$69,863ProgramServicesAmt
Management And General$28,177ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,351,431TotalAmt
Program Services$3,813,212ProgramServicesAmt
Management And General$1,538,219ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,116,772TotalAmt
Program Services$795,767ProgramServicesAmt
Management And General$321,005ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$296,274TotalAmt
Program Services$211,113ProgramServicesAmt
Management And General$85,161ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$25,850TotalAmt
Management And General$25,850ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,635,103TotalAmt
Program Services$883,399ProgramServicesAmt
Management And General$751,704ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$475,928TotalAmt
Program Services$440,233ProgramServicesAmt
Management And General$35,695ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$682,587TotalAmt
Program Services$631,393ProgramServicesAmt
Management And General$51,194ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$106,130TotalAmt
Program Services$98,170ProgramServicesAmt
Management And General$7,960ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
UTILITIES$256,636$237,388$19,248
SUPPLIES$224,437$118,790$105,647
BAD DEBT EXPENSE$108,293$108,293
EXPENDITURES$23,683$23,683

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$8,567TotalAmt
Management And General$8,567ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$10,409,731TotalAmt
Program Services$7,323,011ProgramServicesAmt
Management And General$3,086,720ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,148,674BOYAmt
EOY$4,321,767EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,649,641BOYAmt
EOY$1,059,456EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$12,347BOYAmt
EOY$32,098EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$78,827BOYAmt
EOY$59,949EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$17,548,179LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$5,215,407LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$12,882,203BOYAmt
EOY$12,332,772EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$856,055BOYAmt
EOY$898,479EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,053,979BOYAmt
EOY$1,963,131EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$20,681,726BOYAmt
EOY$20,667,652EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$243,587BOYAmt
EOY$340,776EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$9,552,009BOYAmt
EOY$9,359,301EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,060,177BOYAmt
EOY$771,143EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,855,773BOYAmt
EOY$10,471,220EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,841,544BOYAmt
EOY$9,215,530EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$984,409BOYAmt
EOY$980,902EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,825,953BOYAmt
EOY$10,196,432EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$20,681,726BOYAmt
EOY$20,667,652EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$345,492ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$24,987NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,734,694OtherCostOrOtherBasisAmt
Depreciation$3,321,238DepreciationAmt
Book Value$8,413,456BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,456,279OtherCostOrOtherBasisAmt
Depreciation$678,886DepreciationAmt
Book Value$3,777,393BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,357,206OtherCostOrOtherBasisAmt
Depreciation$1,215,283DepreciationAmt
Book Value$141,923BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$12,332,772TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
DEFERRED OUTFLOWS OF RESOURCES$884,429
NET PENSION ASSET$683,229
RIGHT OF USE ASSETS$97,800
STABILIZATION RESERVE TRUST$297,673
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,963,131TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DEFERRED INFLOWS OF RESOURCES$603,244
DUE TO SOULSVILLE FOUNDATION$68,028
LEASE OBLIGATIONS$99,871
FieldValueIRS element (for citing)
Total Liability$771,143TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$10,930,301TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$24,987NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$145,000DonatedServicesAndUseFcltsAmt
Other Revenue$5,091OtherRevenueAmt
Revenue Not Reported$175,078RevenueNotReportedAmt
Revenue Subtotal$10,755,223RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$10,755,223TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$10,559,822TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$145,000DonatedServicesUseFcltsAmt
Other Expenses Included$5,091OtherExpensesIncludedAmt
Expenses Not Reported$150,091ExpensesNotReportedAmt
Expenses Subtotal$10,409,731ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$10,409,731TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 2D - OTHER ADJUSTMENTS:LOSS ON SALE OF ASSETS
PART XII, LINE 2D - OTHER ADJUSTMENTS:LOSS ON SALE OF ASSETS

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 6FormAndLineReferenceDesc
ExplanationRECEIVED GRANT FROM THE BOARD OF EDUCATION OF THE SHELBY COUNTY SCHOOLS- TITLE I GRANT FOR $474,141. RECIEVED GRANT FROM THE TENESSEE INVESTMENT IN STUDENT ACHIEVEMENT FOR $7,638,036. RECEIVED GRANT FROM THE SHELBY COUNTY SCHOOLS- ESSER 3 GRANT FOR $1,661,517. RECEIVED GRANT FROM THE STATE FACILITY GRANT OF $49,993.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED WITH THE TSCS BOARD BEFORE BEING FILED.
FORM 990, PART VI, SECTION C, LINE 19AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GCONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 883,399. MANAGEMENT AND GENERAL EXPENSES 751,704. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,635,103.
PART XII, LINE 2CTHE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1SOULSVILLE FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1926 E MCLEMOREAddressLine1Txt
CityMEMPHISCityNm
State AbbreviationTNStateAbbreviationCd
ZIP38106ZIPCd
FieldValueIRS element (for citing)
EIN621719414EIN
Primary ActivitiesPRESERVE AND STUDY MEMPHIS MUSIC AND MENTOR AT-RISK YOUTH THROUGH MUSICPrimaryActivitiesTxt
Legal Domicile StateTNLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusEDUCATIONPublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmt
SOULSVILLE FOUNDATION
E$68,028
SOULSVILLE FOUNDATION
N$96,000

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