2019-12-26T16:36:04-06:00 2019-06-30 621110839 ALEXANDER THOMPSON ARNOLD PLLC 6525 N QUAIL HOLLOW SUITE 500 MEMPHIS TN 38120 990 2018-07-01 201195290 MEMPHIS BUSINESS ACADEMY INC MEMP 9013581651 2450 FRAYSER BLVD MEMPHIS TN 38127 NANCY S REEVES CFO 9013588569 2019-12-23 true CHARLES E MCLEAN CPA P00012357 9016841170 2019-12-23 69.167.238.8 2019-12-26 16:36:04 CS P 7DA4B67FF5505FBBE22B4E0484370A6AB9711877 1E462BF34B8E94A2787CB10F3B0A13E24BAF414C 2018 2020-09-23 17:36:50Z NANCY S REEVES 2450 FRAYSER BLVD MEMPHIS TN 38127 17151083 false X HTTP://WWW.MBACHARTERSCHOOLS.ORG/ X NON-PROFIT 2005 TN SEE SCHEDULE O 7 6 197 5 -104669 14118185 16597338 0 3 67 176390 119087 14294578 16716492 729034 0 9948231 10451879 0 0 3647262 3832307 13595493 15013220 699085 1703272 15667725 21257252 8743477 12629732 6924248 8627520 X SEE SCHEDULE O false false 12844469 729034 THE MISSION OF THE SCHOOL IS TO IMPROVE THE ACADEMIC ACHIEVEMENT OF ELEMENTARY, MIDDLE AND HIGH SCHOOLS IN MATH, SCIENCE, SOCIAL STUDIES AND LANGUAGE ARTS WITH A BUSINESS/FINANCE EMPHASIS. 12844469 true true false false false false false false false false true false false true true false true true true false false false false false false false false true false true false false false false false false false false false false false false false false false false false true X 87 0 true 197 true false false false false false false false false false false false false X 7 6 true false false false false false false true true false false true true false false true true true true false X NANCY S REEVES 3182074649 2450 FRAYSER BLVD MEMPHIS TN 38127 ANTHONY ANDERSON CEO 40.00 X X 174052 0 0 CELIA ANDERSON TRUSTEE 5.00 X X 0 0 0 SHAWN THOMAS TRUSTEE 2.00 X 0 0 0 BARBARA BENNET TRUSTEE 2.00 X 0 0 0 TONY REEDER PRESIDENT 5.00 X X 0 0 0 ZACHARY BEASLEY SECRETARY 2.00 X 0 0 0 DIANE ANDERSON TRUSTEE X 0 0 0 DR MENTHIA P BRADLEY CHIEF OPERAT 40.00 X 106000 0 0 NANCY S REEVES CFO 40.00 X 90541 0 0 370593 2 false true false 16046237 551101 16597338 67 67 329922 434591 -104669 -104669 -104669 STUDENT BODY ACTIVITIES 900099 223756 223756 223756 16716492 223823 -104669 729034 729034 370593 370593 8453646 7680336 773310 40553 36844 3709 930142 845056 85086 656945 596851 60094 1185 897 288 5368 4061 1307 35282 27167 8115 19869 15035 4834 330000 249711 80289 174123 131759 42364 491036 378642 112394 104196 78845 25351 OTHER CHARGES 607859 459967 147892 OTHER CONTRACTED SERVICES 505835 382765 123070 INSTRUCTIONAL SUPPLIES 344960 261031 83929 ELECTRICITY 295188 223369 71819 917406 743099 174307 15013220 12844469 2168751 0 1043909 2347445 387518 232674 137178 71059 701571 1285263 11281487 2971119 10865873 8310368 1730066 2531676 7280377 15667725 21257252 208688 225084 7118686 10509563 1416103 1895085 8743477 12629732 X 6924248 8627520 6924248 8627520 15667725 21257252 1703272 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1555253 1555253 9726234 2971119 6755115 8310368 OTHER ASSETS:MSA MEMPHIS INVESTMENT 6962000 OTHER ASSETS: BLUEHUB LOANS 308377 SECURITY DEPOSITS 10000 7280377 DEFERRED INFLOWS-GROUND LEASE 1024710 DEFERRED INFLOWS - LEGACY 249139 DEFERRED INFLOWS - LEGACY 139216 LEGACY 121364 DEFERRED INFLOWS - NTP 102487 DEFERRED INFLOWS - NTP 72245 DEFERED INFLOWS - LEGACY 70230 NTP 60484 DEFERED INFLOWS - NTP 16801 DEFERRED INFLOWS - HYBIRD 12187 DEFERED INFLOWS 11761 HYBRID 4362 DEFERRED INFLOWS - HYBRID 4040 DEFERED INFLOWS 3360 DEFERED INFLOWS - HYBIRD 2670 LIBERTY NATIONA 29 1895085 17151080 434588 434588 16716492 16716492 14718772 14718772 294448 294448 15013220 SCHEDULE D, PAGE 4, PART XI, LINE 2D RELATED PARTY - HARMONY PLAZA 434,588 SCHEDULE D, PAGE 4, PART XII, LINE 4B RELATED PARTY - HARMONY PLAZA 294,448 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 6 MEMPHIS BUSINESS ACADEMY RECEIVES FINANCIAL AID FROM GOVERNMENTAL AGENCIES. SCHEDULE E MEMPHIS BUSINESS ACADEMY HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH NEWSPAPER AND BROADCAST MEDIA DURING THE PERIOD OF SOLICIATATION FOR STUDNETS, OR DURING THE REGISTRATION PERIOD. IT MAINTAINS RECORD INDICATING THE RACIAL COMPOSITION OF THE STUDENT BODY, FACULTY, AND ADMINISTRATIVE STAFF. MEMPHIS BUSINESS ACADEMY MAINTAINS RECORDS DOCUMENTING THAT SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE ARE AWARDED ON A RACIALLY NONDISCRIMINATORY BASIS. false HARMONY PLAZA REAL ESTATE INC 2450 FRAYSER BLVD MEMPHIS TN 38127 201195290 729034 false false false false false false false false false ANTHONY ANDERSON CEO 174052 174052 FORM 990 MEMPHIS BUSINESS ACADEMY IS A PUBLIC CHARTER SCHOOL AUTHORIZED BY THE SHELBY COUNTY SCHOOLS BOARD OF EDUCATION. THE MISSION OF THE SCHOOL IS TO IMPROVE THE ACADEMIC ACHIEVEMENT OF ELEMENTARY, MIDDLE, AND HIGH SCHOOLS IN MATH, SCIENCE, SOCIAL STUDIES AND LANGUAGE ARTS WITH A BUSINESS/FINANCE EMPHASIS. FORM 990, PART III MEMPHIS BUSINESS ACADEMY IS A PUBLIC CHARTER SCHOOL AUTHORIZED BY THE SHELBY COUNTY SCHOOLS BOARD OF EDUCATION. THE MISSION OF THE SCHOOL IS TO IMPROVE THE ACADEMIC ACHIEVEMENT OF ELEMENTARY, MIDDLE AND HIGH SCHOOLS IN MATH, SCIENCE, SOCIAL STUDIES AND LANGUAGE ARTS WITH A BUSINESS/FINANCE EMPHASIS. FORM 990, PAGE 5, PART V, LINE 3B NET LOSS FORM 990, PART VI TWO OFFICERS ARE RELATED. ANTHONY ANDERSON AND CELIA ANDERSON ARE MARRIED. THE CFO WILL REVIEW THE 990 BEFORE THE FILING OF THE RETURN. BOARD OF TRUSTEES APPROVES COMPENSATION OF CEO, EXECUTIVE DIRECTOR AND TOP MANAGEMENT. BOARD OF TRUSTEES APPROVES COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES. DOCUMENTS ARE AVAILABLE UPON REQUEST. ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS FILED IN OUR OFFICE. FORM 990, PAGE 6, PART VI, LINE 2 ANTHONY ANDERSON CELIA ANDERSON MARRIED FORM 990, PAGE 6, PART VI, LINE 11B THE CFO WILL REVIEW THE 990 BEFORE THE FILING OF THE RETURN FORM 990, PAGE 6, PART VI, LINE 15A BOARD OF TRUSTEES APPROVES COMPENSATION OF CEO, EXECUTIVE DIRECTOR AND TOP MANAGEMENT FORM 990, PAGE 6, PART VI, LINE 15B BOARD OF TRUSTEES APPROVES COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS FILED IN OUR OFFICE.