2020-01-29T13:18:55-06:00 2019-06-30 621036705 MAGGART & ASSOCIATES PC 1201 DEMONBREUN ST STE 1220 NASHVILLE TN 372033140 990 2018-07-01 620811952 BRENTWOOD ACADEMY BREN 6153730611 219 GRANNY WHITE PIKE BRENTWOOD TN 37027 DONALD RAY MULLICAN JR ASSOCIATE HEAD OF SCHOOL 6153730611 2020-01-29 1 MICHAEL T HOLLAND P00101421 6152526100 209.235.190.50 2020-01-29 13:18:31 CS P 2EE189140F36F5108F2360B2CF3FFFFEF0CE4BA0 F1A60D9E87BA5B6CF4440BADEBC52C0156B4E2BD 2018 2020-09-23 17:36:50Z DONALD RAY MULLICAN JR 219 GRANNY WHITE PIKE BRENTWOOD TN 37027 27520464 0 X WWW.BRENTWOODACADEMY.COM X 1969 TN BRENTWOOD ACADEMY IS A COEDUCATIONAL, INDEPENDENT, COLLEGE PREPARATORY SCHOOL. 14 14 311 0 0 0 946776 792905 20929989 20860493 966616 1088966 303703 85587 23147084 22827951 2550000 2652829 0 0 13271552 13891061 0 0 783390 8155771 7675297 23977323 24219187 -830239 -1391236 53754773 51757679 7902499 7518293 45852274 44239386 BRENTWOOD ACADEMY IS A COEDUCATIONAL, INDEPENDENT, COLLEGE PREPARATORY SCHOOL DEDICATED TO NURTURING AND CHALLENGING EACH WHOLE PERSON - BODY, MIND, AND SPIRIT - TO THE GLORY OF GOD IN ACCORDANCE WITH THE ACADEMY'S STATEMENT OF FAITH. 0 0 19126550 2652829 21005383 BRENTWOOD ACADEMY OFFERS A WIDE VARIETY OF PROGRAMS UNDER THE MAJOR PROGRAM SERVICE TITLE OF "ACADEMICS." APPROXIMATELY 800 STUDENTS ARE CURRENTLY SERVED BY THE ACADEMY. 19126550 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 137 0 311 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X DONALD RAY MULLICAN JR 6153730611 219 GRANNY WHITE PIKE NASHVILLE TN 37027 J MAC BROWN TRUSTEE 2.00 X 0 0 0 MICHAEL DRESCHER TRUSTEE 2.00 X 0 0 0 JON BILLINGTON TRUSTEE 2.00 X 0 0 0 LARRY BURKHART TRUSTEE 2.00 X 0 0 0 NATASHA NELSON-FREEMAN TRUSTEE 2.00 X 0 0 0 CHIQUITA YOUNG TRUSTEE 2.00 X 0 0 0 CAYCE POWELL TRUSTEE 2.00 X 0 0 0 MICHAEL BLANTON TRUSTEE 2.00 X 0 0 0 STEPHANIE SKINNER TRUSTEE 2.00 X 0 0 0 ALLEN WEST TRUSTEE 2.00 X 0 0 0 BEN STANGA TRUSTEE 2.00 X 0 0 0 DICK WRIGHT TRUSTEE 2.00 X 0 0 0 SHARON MOORE-CALDWELL TRUSTEE 2.00 X 0 0 0 EMILY TULLOCH TRUSTEE 2.00 X 0 0 0 CURT MASTERS HEADMASTER 40.00 X 367465 0 29174 RAY MULLICAN ASSOCIATE HEAD OF SCHOOL 40.00 X 211658 0 26043 CODY WHITE DIR/ATHLETICS 40.00 X 174392 0 20920 PAUL COMPTON UPPER SCHOOL DIRECTOR 40.00 X 122169 0 14710 ARTHUR SMITH SUMMER PROGRAMS DIRECTOR 40.00 X 143419 0 9906 NANCY S BRASHER MIDDLE SCHOOL DIRECTOR 40.00 X 129189 0 15935 RIAN BERGER SPIRITUAL LIFE DIRECTOR 40.00 X 112176 0 18007 1260468 0 134695 12 0 1 0 FLIK (CHARTWELLS DINING SERVICES) PO BOX 91337 CHICAGO IL 60693 FOOD SERVICES 721784 ADAMS AND REESE LLP 424 CHURCH STREET STE 2800 NASHVILLE TN 37219 LEGAL SERVICES 533506 DATA BLUE LLC 5300 VIRGINIA WAY BRENTWOOD TN 37027 IT SERVICES 114929 SIMS FUNK 3322 WEST END AVENUE STE 200 NASHVILLE TN 37203 LEGAL SERVICES 106774 4 792905 792905 TUITION & FEES 611710 19302040 19302040 AUXILIARY ACTIVITIES 611710 1277395 1277395 SUMMER SCHOOL & OTHER 611710 281058 281058 20860493 970075 970075 14200 0 14200 14200 14200 4669025 4550134 118891 118891 118891 201967 142379 59588 59588 RECOVERY OF BAD DEBT 900099 11600 11600 OTHER 900099 199 199 11799 22827951 21005383 0 1029663 2652829 2652829 571345 443958 127387 10339140 7918346 2112873 307921 638346 478760 127669 31917 1597368 1190563 326937 79868 744862 558647 148972 37243 226981 226981 45247 45247 151464 106655 35041 9768 1208142 262176 773033 172933 1183193 1183193 169304 169304 1893833 1893833 284571 284571 AUXILIARY PROGRAMS 1586523 1586523 DEPARTMENTAL EXPENSES 595127 595127 SUMMER SCHOOL/OTHER PRO 172343 172343 UTILITIES & TELEPHONE 49556 49556 109013 73680 18980 16353 24219187 19126550 4309247 783390 5607715 5351251 1418618 780821 65645 19985 317173 424870 225816 206589 218033 156227 201217 250319 53974182 23821106 31326709 30153076 14089039 14120200 284808 294341 53754773 51757679 1767851 1722695 1236533 1353052 4650000 4150000 248115 292546 7902499 7518293 X 35673326 34751409 7314418 9487977 2864530 0 45852274 44239386 53754773 51757679 X -1391236 -135419 -86233 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10817488 23605 497459 1183856 36265 10118431 11289360 156945 590025 1171580 47262 10817488 11106627 81105 1288184 1161109 25447 11289360 12181364 86759 16880 1152130 24976 11106627 13237738 54751 62391 1142728 30788 12181364 0.08450 0.00000 0.91550 1 0 1850399 1850399 35560145 12561625 22998520 4432119 3676928 755191 12131519 7582553 4548966 30153076 MUTUAL FUNDS 9100823 F FIXED INCOME MUTUAL FUNDS 1038608 F EXCHANGE-TRADED PRODUCTS 3859247 F OTHER SECURITIES 121522 F 14120200 INTEREST RATE SWAP OBLIGATION 292546 292546 22834911 -135419 142379 6960 22827951 0 22827951 24447799 228612 228612 24219187 0 24219187 PART V, LINE 4: ANNUAL APPROPRIATIONS OF ENDOWMENT INVESTMENT RETURN ARE USED TO SUPPORT THE ACADEMY'S OVERALL MISSION. IN PARTICULAR, AVAILABLE FUNDS MAY BE USED TO SUPPLEMENT STUDENT FINANCIAL AID IN A GIVEN ACADEMIC YEAR. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 142,379. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 142,379. DEFERRED COMPENSATION 86,233. 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 ANNUAL HANDBOOK CONTAINS A SPECIFIC REFERENCE TO THE NONDISCRIMINATORY POLICY OF BRENTWOOD ACADEMY. IN ADDITION, THE ACADEMY PUBLICIZED ITS NONDISCRIMINATORY POLICY THROUGH MEDIA PUBLICATION. ART SHOW 201967 201967 142379 201967 201967 142379 142379 59588 1 FINANCIAL AID 225 2652829 FINANCIAL NEED ASSESSED BY STUDENT SUPPORT SERVICES AND ORGANIZATION (FMV) NEED-BASED FINANCIAL AID (NONCASH REDUCTION OF STUDENT TUITION). PART 1, LINE 2: FINANCIAL AID REPRESENTS NON-CASH FINANCIAL ASSISTANCE PROVIDED TO QUALIFYING FAMILIES BASED ON NEED. THE ACADEMY AWARDS AID TO WORTHY STUDENTS BASED SOLEY ON FINANCIAL NEED. AN OUTSIDE SERVICE REVIEWS THE APPLICATIONS FOR FINANCIAL AID AND RECOMMENDS THE MAXIMUM AMOUNT OF ASSISTANCE FOR EACH APPLICANT. THE ACADEMY REVIEWS THE RECOMMENDATIONS AND DETERMINES THE AMOUNT OF EACH SCHOLARSHIP GRANT. X X 1 1 X X X 0 1 0 0 0 0 0 0 0 CURT MASTERS HEADMASTER 367465 0 0 0 0 0 19259 0 9915 0 396639 0 0 0 RAY MULLICAN ASSOCIATE HEAD OF SCHOOL 211658 0 0 0 0 0 15148 0 10895 0 237701 0 0 0 CODY WHITE DIR/ATHLETICS 174392 0 0 0 0 0 10123 0 10797 0 195312 0 0 0 ARTHUR SMITH SUMMER PROGRAMS DIRECTOR 143419 0 0 0 0 0 9636 0 270 0 153325 0 0 0 PART I, LINE 1A UPON APPROVAL OF BOARD, SPOUSE AS NEEDED MAY ACCOMPANY HEADMASTER ON TRIPS. MEMBERSHIP FEES ASSOCIATED WITH LOCAL SERVICE ORGANIZATIONS IS PROVIDED. PART I, LINE 4B HEADMASTER PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED DEFERRED COMPENSATION PLAN UNAVAILABLE TO OTHER EMPLOYEES. A THE INDUSTRIAL DEVELOPMENT BOARD OF WILLIAMSON COUNTY TENNESSEE 522018208 NONEAVAIL 2009-10-07 7925000 REFUNDING BOND (ISSUED 9/01/2005) 0 0 0 A 7925000 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 1 1 1 SUNTRUST 20.000000000000 1 0 0 0 1 A 0 CURT MASTERS HEADMASTER HOME X 305000 190645 0 1 1 CURT MASTERS HEADMASTER HOME EQUITY X 80000 15944 0 1 1 206589 KRISTIN VAZQUEZ DAUGHTER OF HEADMASTER 58511 COMPENSATION FOR EMPLOYMENT AS FACULTY. 0 MICHAEL VAZQUEZ SON-IN-LAW OF HEADMASTER 68052 COMPENSATION FOR EMPLOYMENT AS FACULTY. 0 PHILLIP MASTERS SON OF HEADMASTER 58999 COMPENSATION FOR EMPLOYMENT AS FACULTY. 0 FORM 990, PART VI, SECTION A, LINE 4 BYLAWS WERE UPDATED AND APPROVED MAY 2019. FORM 990, PART VI, SECTION B, LINE 11B FINANCE COMMITTEE IS PRESENTED WITH A COPY OF FORM 990 FOR REVIEW PRIOR TO ISSUANCE. THE FINANCE COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE BOARD REGARDING APPROVAL OF FORM 990 FOR ISSUANCE. ANY MEMBER OF THE BOARD MAY RECEIVE COPY OF FORM 990 UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS UPDATED EACH YEAR WITH NEW BOARD AND BOARD MONITORS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15A THE HEADMASTER IS THE ONLY EMPLOYEE HIRED AND DISMISSED BY THE BOARD OF TRUSTEES. THE CHAIRMAN OF THE BOARD OF TRUSTEES WILL APPOINT A COMMITTEE EACH SPRING TO PERFORM AN ANNUAL PERFORMANCE REVIEW OF THE HEADMASTER, AS WELL AS RESEARCH COMPARABLE COMPENSATION PACKAGES OF OTHER HEADMASTERS INCLUDING INDUSTRY DATA FROM REGIONAL AND NATIONAL ASSOCIATIONS. THE COMMITTEE WILL REPORT TO THE FULL BOARD OF TRUSTEES IN MAY OF EACH YEAR WITH A SUMMARY OF THE REVIEW PROCESS AS WELL AS A COMPENSATION RECOMMENDATION. THE FULL BOARD OF TRUSTEES, IN EXECUTIVE SESSION WILL RECEIVE THE REPORT, DISCUSS AND VOTE ON THE COMMITTEE'S RECOMMENDATION. THE CHAIRMAN OF THE BOARD OF TRUSTEES WILL THEN REVIEW THE REPORT AND ACTIONS OF THE BOARD OF TRUSTEES WITH THE HEADMASTER. UPON AGREEMENT, THE REPORT AND ACTIONS WILL BE DELIVERED BY THE CHAIRMAN OF THE BOARD OF TRUSTEES TO THE ASSISTANT HEADMASTER TO FILE AND ENACT. FORM 990, PART VI, SECTION C, LINE 19 ALL OF THE REFERENCED DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: DEFERRED COMPENSATION PROVISION -86,233. FORM 990, PART XI, LINE 2C: BOARD UNDER THE GUIDANCE PROVIDED BY FINANCE COMMITTEE SELECTS INDEPENDENT AUDITOR AND ASSUMES RESPONSIBILITY FOR OVERSIGHT OF AUDIT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.