2022-05-16T18:29:41-05:00 2021-06-30 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1755 KIRBY PARKWAY SUITE 200 MEMPHIS TN 38120 990 2020-07-01 581314356 HARDING ACADEMY OF MEMPHIS INC HARD 9016832440 1100 CHERRY ROAD MEMPHIS TN 38117 TRENT WILLIAMSON PRESIDENT 9016832440 2022-05-16 1 TRENT WILLIAMSON 999009999 ROBERT VAWTER CPA P00228386 9016834234 2022-05-16 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z TRENT WILLIAMSON 1100 CHERRY ROAD MEMPHIS TN 38117 13143183 0 X WWW.HARDINGLIONS.ORG X 1977 TN PRIVATE CHRISTIAN EDUCATION 17 17 190 0 0 0 1576243 2022353 8374355 9004192 -2036361 574521 195592 130537 8109829 11731603 1509931 1984972 0 0 6120923 5757714 0 0 57578 2979173 2846933 10610027 10589619 -2500198 1141984 17807006 18755187 10107039 9392468 7699967 9362719 HARDING ACADEMY OF MEMPHIS, INC. IS A PRIVATE SCHOOL PROVIDING EDUCATION FROM PRE KINDERGARTEN THROUGH GRADE TWELVE. 0 0 8505617 1984972 9120191 PROVIDING EDUCATIONAL & INSTRUSTIONAL SERVICES TO APPROXIMATELY 650 STUDENTS FROM PRE-KINDERGARTEN TO GRADE 12 8505617 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 190 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X GREG HOWELL 9016832440 1100 CHERRY ROAD MEMPHIS TN 38117 YVETTE OSWELL DIRECTOR 0.00 X 0 0 0 TIFFANY PARKHURST DIRECTOR 0.00 X 0 0 0 LISA ZYRIEK DIRECTOR 0.00 X 0 0 0 GLENN HILL SR DIRECTOR 0.00 X 0 0 0 JAMES NOWLIN DIRECTOR 0.00 X 0 0 0 DONALD J NICKLESON DIRECTOR 0.00 X 0 0 0 AMY COX DIRECTOR 0.00 X 0 0 0 BRAD ANDERSON DIRECTOR 0.00 X 0 0 0 COLLIN CARLOCK DIRECTOR 0.00 X 0 0 0 JEROME FRANKLIN DIRECTOR 0.00 X 0 0 0 DEREK MULLINIX DIRECTOR 0.00 X 0 0 0 STEVE AVERY CHAIRMAN 0.00 X X 0 0 0 BRENT PATTERSON VICE CHAIR 0.00 X X 0 0 0 GREG RUBIO DIRECTOR 0.00 X 0 0 0 SEAN TUOHY DIRECTOR 0.00 X 0 0 0 SCOTTY BOONE DIRECTOR 0.00 X 0 0 0 WALTER SPEARS DIRECTOR 0.00 X 0 0 0 TRENT WILLIAMSON PRESIDENT 40.00 X 149745 0 7751 JON GREG HOWELL SECRETARY/CHIEF FINANCIAL 40.00 X 111988 0 7210 261733 0 14961 2 0 1 0 READ FOUNDATION 4450 S MENDENHALL RD STE 1 MEMPHIS TN 38141 BUILDING RENT 177959 ABM JANITORIAL P O BOX 74008829 CHICAGO IL 60674 JANITORIAL 115151 KNOWLEDGE TREE 5000 SUMMER AVE SUITE 101 MEMPHIS TN 38122 SCHOOL SUPPLIES AND EQUIPMENT 108327 3 49500 1229234 743619 2022353 TUITION AND FEES 611600 8846612 8846612 SHIELD INCOME 611600 53549 53549 FACTS ACTIVITY INCOME 611600 41389 41389 ATHLETICS INCOME 611600 34109 34109 OTHER PROGRAM RELATED INCOME 611600 28533 28533 9004192 227783 227783 126865 10866 115999 115999 115999 1711851 1365113 346738 346738 346738 50139 49500 35601 14538 14538 11731603 9120191 0 589059 1984972 1984972 261732 147115 112000 2617 4950730 4856848 44374 49508 171676 164809 5150 1717 373576 358633 11207 3736 4111 4111 16500 16500 38608 38608 41915 41915 66697 66697 57265 57265 143612 143612 112490 112490 628296 628296 177560 95357 82203 REPAIRS AND MAINTENANCE 268808 268808 RENT EXPENSE 268552 268552 STUDENT ACTIVITIES 260147 260147 UTILITIES 243214 243214 519158 328247 190911 10589619 8505617 2026424 57578 1815639 1294979 4442315 4965762 18542 16032 76056 73567 42634 27484 20227519 12737460 7409577 7490059 3959150 4854822 43093 32482 17807006 18755187 455396 585056 5224569 5818087 4331343 162392 95731 2826933 10107039 9392468 X 5278656 6836519 2421311 2526200 7699967 9362719 17807006 18755187 1141984 520768 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 3959151 104889 1537840 2526200 2574680 1475635 139733 45044 160500 25353 3959151 2809881 14707 170546 14707 380000 25747 2574680 2693902 25525 266097 25525 28727 2809881 2401436 24182 317908 24182 25442 2693902 1.00000 0 0 380845 380845 15174698 8504594 6670104 4563586 4232866 330720 108390 108390 7490059 INVESTMENT SECURITIES 4854822 F 4854822 X 11642761 520768 46467 567235 11075526 38608 617469 656077 11731603 9980009 46467 46467 9933542 38608 617469 656077 10589619 PART V, LINE 4: FUNDS ARE USED PRIMARILY TO SUPPORT NEED BASED FINANCIAL AID PART X, LINE 2: THE ACADEMY FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FASB ASC TOPIC 740, INCOME TAXES. BASED ON ITS EVALUATION, THE ACADEMY HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. THE ACADEMY'S EVALUATION WAS PERFORMED FOR THE TAX YEARS ENDED JUNE 30, 2019, THROUGH JUNE 30, 2021, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF THE YEAR ENDED JUNE 30, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES RELATED TO BUILDING RENTAL INCOME 10,866. EXPENSES RELATED TO FUNDRAISING INCOME 35,601. PART XI, LINE 4B - OTHER ADJUSTMENTS: NON-CASH TUITION CREDITS 617,469. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES RELATED TO BUILDING RENTAL INCOME 10,866. EXPENSES RELATED TO FUNDRAISING INCOME 35,601. PART XII, LINE 4B - OTHER ADJUSTMENTS: NON-CASH TUITION CREDITS 617,469. PART V, LINE 1E OTHER REDUCTIONS OF $1,537,840 ARE TO REMOVE BEGINNING OF THE YEAR UNRESTRICTED INVESTMENTS FROM ENDOWMENT FUNDS. THIS BEGINNING BALANCE OF $1,537,840 ARE AVAILABLE TO SUPPORT ANY ACTIVITY OF THE SCHOOL AND ARE NOT RESTRICTED IN ANY MANNER. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NEWSPAPER, MAGAZINES, BROCHURES AND INTERNET RUN WITH THE LIONS 46599 22000 24599 6514 ESPRIT DE CORPS 53040 27500 25540 29087 99639 49500 50139 35601 35601 14538 1 FINANCIAL AID 277 0 1281841 BOOK FINANCIAL AID AND MINISTER DISCOUNTS - CREDIT ACCOUNTS EMPLOYEE DISCOUNTS 82 85662 432547 BOOK TUITION CREDITS MULTI-CHILD, RE-ENROLLMENT, & PREPAYMENT DISCOUNTS 569 0 184922 BOOK TUITION CREDITS PART I, LINE 2: ALL GRANTS ARE ADMINISTERED BY THE SCHOOL. TUITION FINANCIAL AID IS BASED ON FINANCIAL NEED AS DETERMINED BY AN INDEPENDENT THIRD PARTY SERVICE AND AS AWARDED BY SCHOOL GRANT CRITERIA. EMPLOYEE TUITION DISCOUNTS ARE BASED ON POLICIES SET FORTH IN THE EMPLOYEE BENEFITS HANDBOOK. MULTI-CHILD AND PREPAYMENT TUITION DISCOUNTS ARE AWARDED BASED ON AMOUNTS PUBLISHED IN THE SCHOOL'S TUITION AND FEE SCHEDULE. X X 0 0 0 0 0 0 0 0 0 TRENT WILLIAMSON PRESIDENT 149745 0 0 0 0 0 0 0 7751 0 157496 0 0 0 A SHELBY COUNTY TN HEALTH EDUCATION AND HOUSING FACILITY BOARD 2017-03-20 7370313 REFINANCE DEBT 0 0 0 A 7370313 2024 1 0 1 1 A 0 0 1 1 0 0.01000 0.01000 1 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY A CPA FIRM, REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD, AND REVIEWED BY THE ENTIRE BOARD BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C POTENTIAL CONFLICTS ARE IDENTIIFED BY THE ORGANIZATION'S OPERATIONS AND THROUGH DISCLOSURE FROM OFFICERS AND BOARD MEMBERS. POTENTIAL CONFLICTS ARE EVALUATED AND THE RESULTS ARE REPORTED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 OFFICERS' COMPENSATION ARE COMPARED TO LOCAL PEER GROUP SURVEYS, SUPPORTED BY PERFORMANCE REVIEWS AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS TO SELECT THE INDEPENDENT ACCOUNTANT HAS NOT CHANGED SINCE PRIOR YEAR.