2019-05-20T16:06:39-05:00 2018-06-30 621199757 LBMC PC PO BOX 1869 BRENTWOOD TN 370241869 990 2017-07-01 621320697 UNIVERSITY SCHOOL OF JACKSON UNIV 7316640812 232 MCCLELLAN ROAD JACKSON TN 38305 STUART HIRSTEIN HEAD OF SCHOOL 7316640812 2019-05-20 1 JILL HUDSON P00061190 6153774600 2019-05-17 8.42.53.250 2019-05-20 15:00:36 CD P DC1D8C59081ABDE50D8C7C99A161EA80A284C800 FEC66D6A7288323A1CCCF3D82C6AE1FD5D6EE9F7 2017 2019-02-21 02:37:17Z STUART HIRSTEIN 232 MCCLELLAN ROAD JACKSON TN 38305 12350606 0 X WWW.USJBRUINS.ORG X 1987 TN THE UNIVERSITY SCHOOL OF JACKSON, A DISTINCTIVE COLLEGE PREPARATORY SCHOOL, SEEKS TO INSTILL A PASSION FOR ACADEMIC EXCELLENCE AND LIFELONG LEARNING SO EACH STUDENT WILL REACH HIS/HER MAXIMUM POTENTIAL. 15 15 272 300 0 0 485633 557241 10672970 10820993 76481 37484 817552 828683 12052636 12244401 491610 541038 0 0 7412241 7748647 0 0 135936 4501923 3982990 12405774 12272675 -353138 -28274 19899445 18150290 7226363 7409773 12673082 10740517 THE UNIVERSITY SCHOOL OF JACKSON, A DISTINCTIVE COLLEGE PREPARATORY SCHOOL, SEEKS TO INSTILL A PASSION FOR ACADEMIC EXCELLENCE AND LIFELONG LEARNING SO EACH STUDENT WILL REACH HIS/HER MAXIMUM POTENTIAL. 0 0 10907991 541038 11485042 UNIVERSITY SCHOOL OF JACKSON IS A NON-DENOMINATIONAL, NON-SECTARIAN, COLLEGE PREPARATORY SCHOOL DEDICATED TO ACADEMIC EXCELLENCE AND TO OUR FOUNDING PRINCIPLES OF FAITH, SERVICE, AND SCHOLARSHIP. BASED ON A HERITAGE GROUNDED IN JUDEO-CHRISTIAN VALUES, WE PROVIDE AN EDUCATIONAL ENVIRONMENT WHERE STUDENTS OF ALL ETHNIC, CULTURAL, AND RELIGIOUS BACKGROUNDS ARE VALUED AND RESPECTED. THE FACULTY, ADMINISTRATION, AND STUDENTS ARE EMPOWERED TO NURTURE AND EMBRACE THE JUDEO-CHRISTIAN VALUES AND OUR OPERATING PRINCIPLES. THROUGH THE FULFILLMENT OF OUR MISSION AND ADHERENCE TO THESE CORE PRINCIPLES AND VALUES, WE PREPARE OUR GRADUATES TO BE RESPONSIBLE AND INFORMED WORLD CITIZENS. 10907991 1 1 0 0 0 0 0 0 1 1 1 0 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 1 0 0 0 0 0 0 0 0 1 63 0 1 272 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARK BURDEN 7316640812 232 MCCLELLAN ROAD JACKSON TN 38305 CAROLINE CAMPBELL TRUSTEE 2.00 X 0 0 0 ANITA HAMILTON TRUSTEE 2.00 X 0 0 0 GEOFFREY LINDLEY TRUSTEE 2.00 X 0 0 0 DARRELL KING TRUSTEE 2.00 X 0 0 0 RYAN PORTER TRUSTEE 2.00 X 0 0 0 SARAH PUCEK TRUSTEE 2.00 X 0 0 0 MICHELLE PRINCE TRUSTEE 2.00 X 0 0 0 SCOTT ASHBY TRUSTEE 2.00 X 0 0 0 JEFF WATLINGTON TRUSTEE 2.00 X 0 0 0 JOHN WHYBREW TREASURER 2.00 X X 0 0 0 JAMES KIRKLAND VICE CHAIRMAN 2.00 X 0 0 0 JAMES ROBINSON TRUSTEE 2.00 X 0 0 0 KATHRYN TUCKER TRUSTEE 2.00 X 0 0 0 BETHANY LAWRENCE TRUSTEE 2.00 X 0 0 0 JOHN NEW CHAIRMAN 2.00 X 0 0 0 LEE DRIVER SECRETARY 2.00 X 0 0 0 STUART HIRSTEIN HEAD OF SCHOOL 50.00 X 171201 0 49429 171201 0 49429 1 0 1 0 CARE JANITORIAL 105F STONEBROOK PLACE JACKSON TN 38305 JANITORIAL SERVICES 193500 SYSCO MEMPHIS LLC 4359 BF GOODRICH BLVD MEMPHIS TN 38118 136540 2 54172 503069 27846 557241 TUITION AND FEES 611710 10076650 10076650 ANCILLIARY SERVICES 611710 443446 443446 VARIOUS CLUB PROGRAM REVENUES 611710 243328 243328 57569 57569 10820993 25240 25240 8008 3956 4052 4052 4052 14469 21713 13208 10730 1261 10983 12244 12244 238893 54172 78311 160582 160582 CAFETERIA INCOME 722210 664049 664049 664049 12244401 11485042 0 202118 541038 541038 220630 220630 6522337 6212300 310037 199493 199493 315001 291584 23417 491186 470211 20975 39675 39675 104819 21318 83501 77463 2180 75283 178273 95302 82971 59099 59099 945374 908078 19067 18229 38919 17508 21411 13230 13230 170081 170081 650708 585638 32535 32535 29313 28061 1252 AUXILLARY AND ATHLETICS 783382 336399 361811 85172 CAFETERIA EXPENSE 614301 614301 INSTRUCTIONAL EXPENSE 180549 180549 DUES & SUBSCRIPTIONS 60098 13076 47022 37706 244 37462 12272675 10907991 1228748 135936 1928219 512492 3093804 3030947 404063 222945 25619847 12379421 13595307 13240426 831039 973126 128523 47013 41831 19899445 18150290 432171 617465 585941 1059735 6028529 5528642 179722 203931 7226363 7409773 X 12112443 10054655 198335 237918 362304 447944 12673082 10740517 19899445 18150290 X -28274 55185 4500 -1964069 93 X 0 1 X 1 0 X 0 1 X 560639 85640 39583 685862 504861 30565 25213 560639 512630 -7769 504861 486801 25829 512630 445604 57515 16318 486801 0.65310 0.34690 0 0 1329031 1329031 19983900 8528093 11455807 3652809 3293061 359748 654107 558267 95840 13240426 X 11563007 55185 4500 82267 141952 11421055 823346 823346 12244401 11531259 82267 82267 11448992 823683 823683 12272675 PART IV, LINE 2B: THE SCHOOL HOLDS SPECIFIC FUNDS FOR VARIOUS STUDENT BODY ORGANIZATIONS. PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED TO SUPPORT THE EDUCATIONAL MISSION OF THE SCHOOL. PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3), AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. AS OF JUNE 30, 2018, THE ORGANIZATION HAS ACCRUED NO INTEREST AND NO PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. IT IS THE ORGANIZATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE SCHOOL FILES U.S. FEDERAL INFORMATION TAX RETURNS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 78,311. RENT EXPENSES INCLUDED IN INCOME 3,956. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 541,038. GIFTS-IN-KIND 1,811. CONTRIBUTION REVENUE INCLUDED IN EXPENSES 272,489. RENT REVENUE INCLUDED IN EXPENSES 8,008. ROUNDING PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 78,311. RENT EXPENSES 3,956. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 541,038. GIFTS-IN-KIND 1,811. CONTRIBUTION REVENUE INCLUDED IN EXPENSES 272,489. RENT REVENUE INCLUDED IN EXPENSES 8,008. OTHER MISCELLANEOUS EXPENSES 337. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 SOLICITATION AND MARKETING MATERIALS, SCHOOL POLICIES, AND ADVERTISING PLACED IN A LOCAL NEWSPAPER, PUBLICIZE THE SCHOOL'S NONDISCRIMATORY POLICIES. HOLIDAY MART 264480 54172 210308 16475 17269 34663 GALA AND AUCTION (BOOTS & BOWTIES) 28585 28585 9904 293065 54172 238893 16475 17269 44567 78311 160582 1 FINANCIAL AID 200 541038 FMV FINANCIAL AID FOR TUITION AND FEES PART I, LINE 2: THE GRANTS ARE APPLIED DIRECTLY AGAINST STUDENT TUITION AND FEES. X X X 0 0 0 0 0 0 0 0 0 STUART HIRSTEIN HEAD OF SCHOOL 171201 0 0 0 0 0 19477 0 29952 0 220630 0 0 0 A THE HEALTH EDUCATIONAL AND HOUSING FACILITY BOARD OF THE CITY OF JACKSON 621209535 2013-04-01 7978000 REFUNDING PRIOR OBLIGATIONS AND PAYMENT OF COST OF ISSUANCE ON PRIOR BONDS 0 0 0 A 2449358 7978000 78000 7900000 1 0 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 X 200 FMV X 1 26035 FMV X CONSTRUCTION SERVICES AND MATERIALS 2 4710 FMV X VARIOUS SUPPLIES 3 1611 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B INITIAL REVIEW OF THE FORM 990 PERFORMED BY MANAGEMENT WITH THE PAID TAX PREPARER. THE RETURN IS THEN REVIEWED BY ALL MEMBERS OF THE BOARD PRIOR TO ELECTRONICALLY FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY IN PLACE THAT COVERS MEMBERS OF THE BOARD OF TRUSTEES, THE HEAD OF SCHOOL, AND THE FINANCIAL SERVICES OFFICER. THE ORGANIZATION REQUIRES THAT THE CONFLICT OF INTEREST FORM BE COMPLETED AND RETURNED DURING SEPTEMBER OF EACH YEAR AND ANY ADDITIONAL CONFLICTS BE REPORTED IF AND WHEN THEY ARISE. ALL POTENTIAL CONFLICTS ARE REVIEWED BY THE CHAIR OF THE BOARD AND THE HEAD OF THE SCHOOL. ANY PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISION IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 15-1A PERFORMANCE REVIEWS WERE CONDUCTED FOR THE HEAD OF SCHOOL BY A COMPENSATION COMMITTEE COMPOSED OF THE CHAIR OF THE BOARD OF TRUSTEES, THE VICE-CHAIR, AND ANOTHER DISINTERESTED TRUSTEE DURING THE YEAR. THE COMPENSATION REVIEW INCLUDED A REVIEW OF THE GENERAL ECONOMIC CONDITIONS IN THE WEST TENNESSEE AREA AND OF COMPARABLE DATA FOR COMPENSATION IN INDEPENDENT SCHOOLS IN THE REGION. THE COMPLETION OF THE REVIEW WAS REPORTED TO TRUSTEES AND DOCUMENTED ACCORDINGLY. 15-1B PERFORMANCE REVIEWS WERE CONDUCTED FOR THE OTHER OFFICER BY A COMPENSATION COMMITTEE COMPOSED OF THE CHAIR OF THE BOARD OF TRUSTEES, THE VICE-CHAIR, AND ANOTHER DISINTERESTED TRUSTEE DURING THE YEAR. THE COMPENSATION REVIEW INCLUDED A REVIEW OF THE GENERAL ECONOMIC CONDITIONS IN THE WEST TENNESSEE AREA AND OF COMPARABLE DATA FOR COMPENSATION IN INDEPENDENT SCHOOLS IN THE REGION. THE COMPLETION OF THE REVIEW WAS REPORTED TO TRUSTEES AND DOCUMENTED ACCORDINGLY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. FORM 990, PART XI, LINE 9: ROUNDING 93. FORM 990, PART XI, LINE 8 DURING 2018, THE SCHOOL DETERMINED THAT AN ADJUSTMENT WAS NECESSARY TO PROPERLY ACCOUNT FOR ACCOUNTS RECEIVABLE AND DEFERRED TUITION AND FEES AS PREVIOUSLY REPORTED DUE TO THE CASH RECEIPTS BEING IMPROPERLY ALLOCATED BETWEEN ACCOUNTS RECEIVABLE AND DEFERRED TUITION AND FEES. ACCOUNTS RECEIVABLE AND DEFERRED TUITION AND FEES AND UNRESTRICTED NET ASSETS AS OF JUNE 30, 2017 HAVE BEEN RESTATED BY AN INCREASE OF $48,319, AN INCREASE OF $2,012,388 AND A DECREASE OF$1,964,069, RESPECTIVELY.