2019-03-25T10:59:52-05:00 2018-06-30 275360847 CROSSLIN PLLC 3803 BEDFORD AVENUE SUITE 103 NASHVILLE TN 37215 990 2017-07-01 620513741 MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE MONT 6152985514 4001 HARDING ROAD NASHVILLE TN 37205 ROBERT YAKUSHI DIRECTOR OF FINANCE 6152985514 2019-03-05 1 STEVEN D WARREN P00921930 6153205500 71.16.89.174 2019-03-05 18:54:49 CS P 7976E27EA537A2528AFD4534CEC7185AB37FE28A 943C2B779621AE68CF3E0BED5C235FDF89DF7949 2017 2019-02-21 02:37:17Z ROBERT YAKUSHI 4001 HARDING ROAD NASHVILLE TN 37205 166380805 0 X WWW.MONTGOMERYBELL.EDU X 1806 TN OPERATION OF BOYS SCHOOL GRADES 7-12. 66 66 153 0 99398 0 17481752 116255797 21458991 22635005 4717211 1991045 159165 323435 43817119 141205282 2120250 2771400 0 0 14428352 14270998 0 0 1846546 17134430 16109561 33683032 33151959 10134087 108053323 172273277 262570102 36340377 15525816 135932900 247044286 MONTGOMERY BELL ACADEMY OFFERS YOUNG MEN AN EXEMPLARY COLLEGE PREPARATORY EXPERIENCE, ASSISTING THEM TO BE "GENTLEMEN, SCHOLARS, AND ATHLETES AND YOUNG MEN OF WISDOM AND MORAL INTEGRITY WHO WILL MAKE SIGNIFICANT CONTRIBUTIONS TO SOCIETY. 0 0 28045803 2771400 20952511 OPERATION OF A SCHOOL FOR BOYS, GRADES 7-12. THE SCHOOL HAS AN ENROLLMENT OF OVER 700 STUDENTS. THE EDUCATION CURRICULUM INCLUDES MATH, ENGLISH, HISTORY, SCIENCE, FOREIGN LANGUAGES, AND FINE ARTS. 718440 404656 ATHLETICS PROGRAM- GRADES 7-12 STUDENTS PARTICIPATE IN INTERMURAL AND INTERSCHOLASTIC SPORTS INCLUDING BASEBALL, BASKETBALL, FOOTBALL, SOCCER, GOLF, TRACK, SWIMMING, AND WRESTLING. 28764243 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 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 115 0 1 153 1 1 1 0 0 0 0 0 0 0 0 0 X 66 66 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 1 0 TN X X X ROBERT YAKUSHI 6153695306 4001 HARDING ROAD NASHVILLE TN 37205 ADMIRAL J WILSON PRUEHER TRUSTEE 1.00 X 0 0 0 ALLEN P MCDANIEL TRUSTEE 1.00 X 0 0 0 ANDREA CARLTON TRUSTEE 1.00 X 0 0 0 BEN S GAMBILL JR TRUSTEE 1.00 X 0 0 0 BEN T MAY TRUSTEE 1.00 X 0 0 0 BEN D S GAMBILL III TRUSTEE 1.00 X 0 0 0 BETH HARWELL TRUSTEE 1.00 X 0 0 0 BILL CARPENTER III TRUSTEE 1.00 X 0 0 0 WILLIAM H HAWKINS TRUSTEE 1.00 X 0 0 0 BILL M WILSON TRUSTEE 1.00 X 0 0 0 BLAIR J WILSON TRUSTEE 1.00 X 0 0 0 BOB BRANNON TRUSTEE 1.00 X 0 0 0 BROWNLEE O CURREY JR TRUSTEE 1.00 X 0 0 0 BYRON W SMITH TRUSTEE 1.00 X 0 0 0 CLAY T JACKSON TRUSTEE 1.00 X 0 0 0 DAVID F SMITH TRUSTEE 1.00 X 0 0 0 DAVID G MCCLELLAN TRUSTEE 1.00 X 0 0 0 DAVID B INGRAM CHAIRMAN 1.00 X X 0 0 0 DEON GAINES II TRUSTEE 1.00 X 0 0 0 DR CARL C AWH TRUSTEE 1.00 X 0 0 0 DR ROY O ELAM III TRUSTEE 1.00 X 0 0 0 DUDLEY W WARNER II TRUSTEE 1.00 X 0 0 0 ED POWELL JR TRUSTEE 1.00 X 0 0 0 H LEE BARFIELD II TRUSTEE 1.00 X 0 0 0 J HANLEY SAYERS JR TRUSTEE 1.00 X 0 0 0 J BARRY BANKER TRUSTEE 1.00 X 0 0 0 JAKE WALLACE TRUSTEE 1.00 X 0 0 0 JAMES L FLAUTT TRUSTEE 1.00 X 0 0 0 JIM CHANDLER TRUSTEE 1.00 X 0 0 0 JIM CHEEK III VICE CHAIR 1.00 X X 0 0 0 JIMMY PICKEL JR TRUSTEE 1.00 X 0 0 0 JIMMY WEBB III TRUSTEE 1.00 X 0 0 0 JOHN R INGRAM TRUSTEE 1.00 X 0 0 0 JOHN TROCHFORD TRUSTEE 1.00 X 0 0 0 JOHN W EAKIN JR TRUSTEE 1.00 X 0 0 0 LEE A BEAMAN SECRETARY 1.00 X X 0 0 0 LEE F NOEL TRUSTEE 1.00 X 0 0 0 LUCY DAVIS HAYNES TRUSTEE 1.00 X 0 0 0 MARC K STENGEL TRUSTEE 1.00 X 0 0 0 MARTIN S BROWN JR TRUSTEE 1.00 X 0 0 0 PAM R KOBAN TRUSTEE 1.00 X 0 0 0 PETE DELAY TRUSTEE 1.00 X 0 0 0 P RHOADS ZIMMERMAN TRUSTEE 1.00 X 0 0 0 W RIDLEY WILLS II TRUSTEE 1.00 X 0 0 0 ROCK A MORPHIS TRUSTEE 1.00 X 0 0 0 RYAN TYRRELL TRUSTEE 1.00 X 0 0 0 STEVE RIVEN TRUSTEE 1.00 X 0 0 0 TIM W DOWNEY TRUSTEE 1.00 X 0 0 0 TOM CURTIS TREASURER 1.00 X X 0 0 0 VARINA FRAZER BUNTIN TRUSTEE 1.00 X 0 0 0 R WALTER HALE III TRUSTEE 1.00 X 0 0 0 WILLIAM H ALEXANDER TRUSTEE 1.00 X 0 0 0 WILLIAM W HASTINGS TRUSTEE 1.00 X 0 0 0 CHRISTOPHER C WHITSON TRUSTEE 1.00 X 0 0 0 BRADFORD GIOIA HEADMASTER 50.00 X 805114 0 92462 ROBERT K YAKUSHI DIRECTOR OF FINANCE 40.00 X 150396 0 40198 FRANCES STEWART DIRECTOR JUNIOR SCHOOL 40.00 X 134286 0 30785 GREGORY C FERRELL DIRECTOR ADMISSIONS AND FI 40.00 X 125739 0 32551 JOHN M TIPPS ATHLETIC DIRECTOR 40.00 X 144235 0 32551 JOSEPH W JOHNSON DIRECTOR OF ALUMNI/DEV 40.00 X 161002 0 61757 WILLIAM L NORTON IV DEAN OF HIGH SCHOOL 40.00 X 127869 0 29992 1648641 0 320296 7 0 1 0 SAGE DINING SERVICES 1402 YORK RD STE 100 LUTHERVILLE MD 21093 FOOD SERVICE 1411613 THE PARENT COMPANY 241 WILSON PIKE CIRCLE BRENTWOOD TN 37024 BUILDING CONTRACTOR 856063 SCHOOL FACILITY MANAGEMENT 800 18TH AVE S STE A NASHVILLE TN 37203 MAINTENANCE 523564 HASTINGS ARCHITECTURE ASSOC LLC 127 THIRD AVE SOUTH NASHVILLE TN 37201 ARCHITECTURE 428265 TRUST BUILDING SERVICES 1919 OXMOOR ROAD SUITE 114 BIRMINGHAM TN 35209 JANITORIAL 321371 5 116255797 81398 116255797 TUITION AND FEES 611710 20952511 20952511 FOOD SERVICE 611710 907478 907478 ATHLETICS 611710 404656 404656 STUDENT ACTIVITIES 611710 211322 211322 BOOKSTORE INCOME 611710 159038 159038 22635005 1367114 99398 1267716 333519 55727 277792 277792 277792 25194396 480276 24535741 515000 658655 -34724 623931 623931 114650 69055 45595 45595 MISCELLANEOUS REVENUE 611710 48 48 48 141205282 22912797 99398 1937290 2771400 2771400 1776378 1440690 185089 150599 9266763 7515594 965546 785623 1392810 1080524 179349 132937 1032203 686265 198675 147263 802844 623386 103064 76394 60666 60666 194548 93452 101096 37666 37666 302302 302302 1005427 998702 6725 30198 12080 18118 333659 333659 3882057 3882057 PROJECT EXPENSES 4573666 4573666 EQUIPMENT RENTAL AND MA 2027117 2027117 SUPPLIES 819210 819210 ATHLETIC PROGRAM 718440 718440 2124605 1293533 396556 434516 33151959 28764243 2541170 1846546 226558 228730 32398594 38717666 4432382 12497198 793303 860685 268769 263521 122866079 43442875 74695481 79423204 33163794 100462796 26247578 28045820 46818 2070482 172273277 262570102 2713346 2257721 11831650 12518095 16479000 0 750000 750000 4566381 0 36340377 15525816 X 73309815 177854172 10175492 13728424 52447593 55461690 135932900 247044286 172273277 262570102 108053323 3320073 -262010 0 X 0 1 X 1 0 X 68964542 1670858 5418973 3308334 72746039 65323936 2295396 5604998 4259788 68964542 64130991 3270578 1701774 3779407 65323936 65054456 1145466 1160373 3229304 64130991 59675391 1207201 7176268 3004404 65054456 0.23460 0.76240 0.00300 0 0 19268781 19268781 82416472 32674101 49742371 5436377 4092049 1344328 15744449 6676725 9067724 79423204 LIMITED PARTNERSHIP INVESTMENTS 28045820 F 28045820 X 144112442 3320073 -95176 3224897 140887545 262010 55727 317737 141205282 33001056 -55727 -55727 33056783 95176 95176 33151959 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER 501(A) OF THE INTERNAL REVENUE CODE ("IRC") AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3). ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE LIKELY THAN NOT THRESHOLD THAT THE RECOGNITION OF THE TAX POSITIONS WOULD BE SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERAIN TAX POSITIONS. TAX POSITIONS FOR THE SCHOOL INCLUDE, BUT ARE NOT LIMITED TO, THE TAX-EXEMPT STATUS AND DETERMINATION OF WHETHER CERTAIN INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX; HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT ACTIVITY EXPENSES -89,248. BAD DEBT EXPENSE -5,928. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES 55,727. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES -55,727. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT ACTIVITY EXPENSES 89,248. BAD DEBT EXPENSE 5,928. 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 SCHOOL PUBLISHES ITS RACIAL NONDISCRIMINATION POLICY IN LOCAL NEWSPAPERS IN THE FALL OF EACH YEAR AND DURING OPEN HOUSE AND ADMISSIONS. IT ALSO PULICIZES ITS NONDISCRIMINATION POLICY IN THE SCHOOL VIEWBOOK AND STUDENT APPLICATION FORMS. GOLF TOURNAMENT 114650 114650 9266 59789 114650 114650 9266 59789 69055 45595 1 FINANCIAL AID 159 2771400 FAIR MARKET VALUE NONCASH REDUCTION OF STUDENT TUITION PART I, LINE 2: STUDENTS' TUITION IS DIRECTLY REDUCED BY SCHOLARSHIP GRANTED. PART III THE SCHOOL AWARDS AID TO WORTHY STUDENTS BASED SOLELY ON FINANCIAL NEED. AN OUTSIDE SERVICE REVIEWS THE APPLICATIONS FOR FINANCIAL AID AND RECOMMENDS THE MAXIMUM AMOUNT OF ASSISTANCE FOR EACH APPLICANT. THE SCHOOL'S FINANCIAL COMMITTEE REVIEWS THE RECOMMENDATIONS AND MAKES THE AWARDS. X 0 1 X X X X 0 1 0 0 0 0 0 0 0 BRADFORD GIOIA HEADMASTER 805114 0 0 0 0 0 70295 0 22167 0 897576 0 0 0 ROBERT K YAKUSHI DIRECTOR OF FINANCE 150396 0 0 0 0 0 15200 0 24998 0 190594 0 0 0 FRANCES STEWART DIRECTOR JUNIOR SCHOOL 134286 0 0 0 0 0 14200 0 16585 0 165071 0 0 0 GREGORY C FERRELL DIRECTOR ADMISSIONS AND FI 125739 0 0 0 0 0 16080 0 16471 0 158290 0 0 0 JOHN M TIPPS ATHLETIC DIRECTOR 144235 0 0 0 0 0 15700 0 16851 0 176786 0 0 0 JOSEPH W JOHNSON DIRECTOR OF ALUMNI/DEV 161002 0 0 0 0 0 16800 0 44957 0 222759 0 0 0 WILLIAM L NORTON IV DEAN OF HIGH SCHOOL 127869 0 0 0 0 0 13500 0 16492 0 157861 0 0 0 PART I, LINE 1A HOUSING IS PROVIDED TO THE HEADMASTER OF THE SCHOOL. PART I, LINE 1B IN THE ABSENCE OF WRITTEN POLICY, THE BOARD OF TRUSTEES DETERMINE THE HOUSING PROVIDED TO THE HEADMASTER. PART I, LINE 4B HEADMASTER PARTICIPATES IN A DEFERRED COMPENSATION PLAN UNAVAILABLE TO OTHER EMPLOYEES. G THOMAS CURTIS TRUSTEE 262010 MR. CURTIS IS ALSO A FORMER PRINCIPLE OF DIVERSIFIED TRUST, WHICH HOLDS INVESTMENT ACCOUNTS FOR THE SCHOOL. AMOUNT REPORTED REPRESENTS INVESTMENT MANAGEMENT FEES. 0 DAVID INGRAM CHAIRMAN OF THE BOARD 95273884 MR. INGRAM IS ALSO ON THE BOARD OF PINNACLE BANK, WHICH HOLDS DEPOSITORY ACCOUNTS FOR THE SCHOOL. AMOUNT REPORTED INCLUDES ALL DEPOSITS MADE TO PINNACLE BANK DURING THE YEAR. 0 LEE BEAMAN TRUSTEE 17175 LEASE OF PROPERTY AT 401 S. WILSON BOULEVARD, NASHVILLE TN. AMOUNT REPORTED REPRESENTS LEASE PAYMENTS. 0 X 1 50 FAIR MARKET VALUE X 4412 FAIR MARKET VALUE X 59 4511 FAIR MARKET VALUE X SUPPLIES & MATERIALS 33 5846 FAIR MARKET VALUE X EVENT TICKETS & EXPENSES 5 5568 FAIR MARKET VALUE X ATHLETIC EQUIPMENT 11 2046 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B CERTAIN EMPLOYEES OF THE SCHOOL, INCLUDING THE DIRECTOR OF FINANCE, REVIEWS FORM 990 PRIOR TO FILING TO VERIFY ALL INFORMATION CONTAINED THERIN IS COMPLETE AND ACCURATE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION DETERMINED BY REVIEW OF RELEVANT INFORMATION BY A COMMITTEE OF THE BOARD OF TRUSTEES. THE OFFICER'S SALARY, AND ANY CHANGES, INCLUDING ANNUAL INCREASES, ARE APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 SELECTED FINANCIAL INFORMATION AVAILABLE ON ORGANIZATION'S WEBSITE AND OTHER NONPROFIT WEBSITES. ALL REQUIRED INFORMATION AVAILABLE UPON REQUEST.