2018-05-15T09:01:56-05:00 2017-06-30 560574444 CHERRY BEKAERT LLP 3310 West End Avenue Suite 550 Nashville TN 37203 990 2016-07-01 621296326 Currey Ingram Academy CURR 6155073167 6544 Murray Lane Brentwood TN 37027 DR JEFFREY L MITCHELL HEAD OF SCHOOL 6155073167 2018-05-14 1 Stephen T Dolan P00666397 6153836592 2016 2022-09-23 18:48:47Z Dr JEFFREY L MITCHELL 6544 Murray Lane Brentwood TN 37027 17027334 0 X www.curreyingram.org X 1968 TN THE MISSION OF CURREY INGRAM ACADEMY IS TO PROVIDE AN EXEMPLARY K-12 DAY SCHOOL PROGRAM THAT EMPOWERS STUDENTS WITH LEARNING DIFFERENCES TO ACHIEVE THEIR FULLEST POTENTIAL. 18 18 218 100 0 0 1760347 1769802 13815651 14858921 85745 106152 152170 112991 15813913 16847866 1617859 1779110 0 0 8435598 8671656 0 0 208042 6081753 5713348 16135210 16164114 -321297 683752 42385936 40783806 8781116 5965486 33604820 34818320 THE MISSION OF CURREY INGRAM ACADEMY IS TO PROVIDE AN EXEMPLARY K-12 DAY SCHOOL PROGRAM TAHT EMPOWERS STUDENTS WITH LEARNING DIFFERENCES TO ACHIEVE THEIR FULLEST POTENTIAL. 0 0 15009042 1779110 14858921 Currey Ingram Academy is a nonprofit kindergarten through twelfth grade college preparatory school of approximately 310 students who have learning differences. 15009042 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 77 0 1 218 1 0 0 0 0 0 1 1 0 0 0 0 X 18 18 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X CHAD HANDSHY 6155073242 6544 MURRAY LANE BRENTWOOD TN 37027 FRANK J HARAF JR MD Trustee 2.00 X 0 0 0 G MILLER HOGAN II Past President/Ombudsman 2.00 X X 7300 0 0 MOLLY ROLLINS Secretary 2.00 X X 0 0 0 MYRA LEATHERS Trustee 2.00 X 0 0 0 SCOTT R PHILLIPS Trustee 2.00 X 0 0 0 STEPHAN J HEYMAN MD Trustee 2.00 X 0 0 0 STEVE KROEGER PResident 2.00 X X 0 0 0 SUSAN H HAMMER SECOND VP 2.00 X X 0 0 0 TIMOTHY LOGAN Trustee 2.00 X 0 0 0 WILLIAM R FRIST FIRST VP 2.00 X X 0 0 0 DAVID F BACON TRUSTEE 2.00 X 0 0 0 HELEN DUHON TRUstee 2.00 X 0 0 0 CAROL H HEWITT TRUstee 2.00 X 0 0 0 HEATHER C LODEN TRUStee 2.00 X 0 0 0 PATRICK J RILEY TRUStee 2.00 X 0 0 0 CHERRIE FARNETTE TRUstee 2.00 X 0 0 0 JAMES HOBBS TRUStee 2.00 X 0 0 0 JORDAN THOMPSON TRUstee 2.00 X 0 0 0 CHAD J HANDSHY ASST HEAD OF SC 40.00 X 177568 0 9477 DR JANE HANNAH ASST HEAD OF SC 40.00 X 111410 0 10820 DR JEFFREY MITCHELL HEAD OF SCHOOL 40.00 X 336854 0 57658 633132 0 77955 3 0 1 0 SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 30353 DINING SERVICES 741333 SCHOOL FACILITY MANAGEMENT LLC 800 18TH AVE SOUTH STE A NASHVILLE TN 37203 GROUNDS & MAINTENANCE 361013 SERVICEFM LLC 800 18TH AVE S STE A NASHVILLE TN 37203 CUSTODIAL SERVICES 314673 APPLE FINANCIAL SERVICES PO BOX 74238 CLEVELAND OH 44194 COMPUTER LEASE & SERVICES 149219 4 100520 1669282 16382 1769802 TUITION 611600 13060064 13060064 DIAGNOSTIC CENTER 900099 423645 423645 CHILD DEVELOPMENT CENTER 900099 396853 396853 STUDENT FEES 900099 231501 231501 DEWAR'S TUITION REFUND 900099 230302 230302 516556 516556 14858921 68391 68391 31965 0 31965 31965 31965 141851 37761 141851 0 0 37761 37761 37761 33106 100520 37617 -4511 -4511 MISCELLANEOUS 900099 85537 85537 85537 16847866 14858921 0 219143 1779110 1779110 605554 559307 37556 8691 6713680 6200948 416373 96359 354626 330545 19907 4174 487809 454683 27383 5743 509987 475356 28628 6003 11432 11432 30500 30500 85345 75542 9329 474 158267 130602 27665 148295 89640 55340 3315 59987 47774 12213 378063 378063 202977 199199 3778 1741523 1741523 109181 84897 24284 CONTRACT SERVICES 1311981 1155304 149046 7631 FOOD EXPENSE 292232 257776 32747 1709 STUDENT CONTRACT DISCOU 238158 238158 MATERIALS AND SUPPLIES 233979 210118 21862 1999 711428 600497 66652 44279 16164114 15009042 947030 208042 4005655 2934556 94581 299416 81390 34818 235632 482350 100475 86328 51341076 19380154 33367556 31960922 4380241 4861688 120406 123728 42385936 40783806 187517 257079 2620578 1184020 5699939 4499063 273082 25324 8781116 5965486 X 30487966 31726055 88390 45821 3028464 3046444 33604820 34818320 42385936 40783806 683752 529748 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 4446167 17980 585125 257502 4791770 4608884 40055 -28854 173918 4446167 2968600 1640284 4608884 2809876 158724 2968600 2800626 9250 2809876 0.36420 0.63580 0 0 2986766 2986766 41946065 13717606 28228459 1059120 380042 679078 209316 171960 37356 5139809 5110546 29263 31960922 INTEREST RATE SWAP AGREEMENT 25324 25324 X 15636120 529748 37616 567364 15068756 1779110 1779110 16847866 14422620 37616 37616 14385004 1779110 1779110 16164114 Part V, Line 4: THE ACADEMY HAS A POLICY OF APPROPRIATING an annual distribution up to 4% of the three year historical average of the endowment fund for scholarships and financial assistance. Part X, Line 2: The Academy is a not-for-profit organization and is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and is not a private foundation. Accordingly, no provision for income taxes is included in the accompanying financial statements. The Academy follows FASB ASC guidance clarifying the accounting for uncertainty in income taxes recognized in an entitys financial statements. This guidance prescribes a minimum probability threshold that a tax position must meet before a financial statement benefit is recognized. The minimum threshold is defined as a tax position that is more likely than not to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than fifty percent likey of being recognized upon ultimate settlement. The Academy has no tax penalties or interest reported in the accompanying financial statements. Part XI, Line 2d - Other Adjustments: SPECIAL EVENT EXPENSES 37,616. Part XI, Line 4b - Other Adjustments: FINANCIAL AID/SCHOLARSHIPS 1,779,110. Part XII, Line 2d - Other Adjustments: SPECIAL EVENT EXPENSES 37,616. Part XII, Line 4b - Other Adjustments: FINANCIAL AID/SCHOLARSHIPS 1,779,110. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 OUR ADMISSIONS BROCHURE AND ANNUAL REPORT REFLECT OUR NONDISCRIMINATORY POLICY. trivia and tacos 60803 32021 28782 935 129 897 4391 800 4197 golf tournament 72823 68499 4324 1523 6855 6891 10999 133626 100520 33106 935 1652 7752 11282 800 15196 37617 -4511 1 SCHOLARSHIPS FOR STUDENTS 126 1779110 0 general scholarship Part I, Line 2: THE SCHOLARSHIP COMMITTEE MEETS 4-5 TIMES PER YEAR TO DETERMINE WHO QUALIFIES FOR SCHOLARSHIPS. NO CASH IS EXCHANGED BETWEEN THE STUDENTS AND THE ACADEMY; IT IS SIMPLY A DEDUCTION OFF THEIR ANNUAL TUITION THEREFORE, NO MONITORING OF THE FUNDS IS REQUIRED. EMPLOYEES WHO MEET SPECIFIED EMPLOYMENT REQUIREMENTS MAY QUALIFY FOR TUITION REDUCTION FOR CHILDREN ENROLLED AT CURREY INGRAM ACADEMY. X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 CHAD J HANDSHY ASST HEAD OF SC 177568 0 0 0 0 0 8877 0 600 0 187045 0 0 0 DR JEFFREY MITCHELL HEAD OF SCHOOL 250125 0 0 0 86729 0 38750 0 18908 0 394512 0 0 0 PART III - ADDITIONAL INFORMATION A CONTRIBUTION TO A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN WAS MADE FOR DR. JEFFREY MITCHELL FOR $25,500 PER HIS CONTRACTUAL AGREEMENT. A IDB WILLIAMSON CTY TN 522018208 2008-11-20 7000000 CONSTRUCT UPPERSCHOOL & GYM 0 0 0 B IDB WILLIAMSON CTY TN 522018208 2009-10-20 6105000 REFUND 2003 BOND ISSUE PRICE 0 0 0 C IDB WILLIAMSON CTY TN 522018208 2013-05-03 4100000 EDUCATIONAL FACILITIES 0 0 0 A 5469925 30075 5469925 1500000 0 0 1 1 B 2915000 6105000 0 1 1 1 C 2790937 4100000 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 1 1 SUNTRUST 13.400000000000 0 0 0 0 0 C 0 0 0 0 1 0 0 0 0 A 0 B 0 C 0 G MILLER HOGAN II BOARD MEMBER 4392 LEGAL SERVICES 0 VOICE TECHNOLOGIESLARRY PENDERGRASS HUSBAND OF ASSISTANT HEAD OF SCHOOL 8441 PHONE SERVICES 0 NANCY ZORETIC FORMER BOARD MEMBER 2043 BANKING FEES 0 FORM 990, PART III, LINE 1 ORGANIZATION'S MISSION THE MISSION OF CURREY INGRAM ACADEMY IS TO PROVIDE AN EXEMPLARY K-12 DAY SCHOOL PROGRAM THAT EMPOWERS STUDENTS WITH LEARNING DIFFERENCES TO ACHIEVE THEIR FULLEST POTENTIAL. Form 990, Part VI, Section A, line 1 THE EXECUTIVE COMMITTEE SHALL HAVE THE POWER TO ACT ON BEHALF OF THE BOARD OF TRUSTEES IN EMERGENCY SITUATIONS REQUIRING IMMEDIATE ACTION. MINUTES OF ALL EXECUTIVE COMMITTEE MEETINGS WILL BE MAILED TO BOARD MEMBERS, EXCEPT FOR MEETINGS OR PORTIONS OF MEETINGS WHICH ARE DECLARED EXECUTIVE SESSIONS BY THE COMMITTEE CHAIR. Form 990, Part VI, Section A, line 4 CHANGE OF MISSION STATEMENT. Form 990, Part VI, Section B, line 11b A DRAFT COPY OF THE 990 WILL BE E-MAILED TO THE BOARD OF TRUST FOR REVEIW BEFORE FILING. Form 990, Part VI, Section B, line 12c BOARD MEMBERS ARE REQUIRED TO SIGN AN ANNUAL CODE OF ETHICS STATEMENT WHICH SOLIDIFIES THEIR COMMITMENT TO THE BOARD. BOARD MEMBERS AGREE TO REFRAIN FROM VOTING ON MATTERS IN WHICH THERE IS A CONFLICT. IF A CONFLICT IS ESCALATED IT IS HANDLED ON A CASE BY CASE BASIS BY THE REMAINING BOARD MEMBERS. Form 990, Part VI, Section B, line 15 THE EXECUTIVE COMMITTEE OF THE BOARD DETERMINES THE SALARY FOR THE HEAD OF SCHOOL. THE HEAD OF THE SCHOOL DETERMINES SALARIES FOR ALL EMPLOYEES. THE COMPENSATION IS DETERMINED FIRST FROM THE BUDGET AMOUNT ALLOCATED IN TOTAL BY THE BOARD. THEN THE CONTRACT AMOUNT PER INDIVIDUAL IS BASED ON DUTIES, COMPARABLE INDUSTRY STANDARDS, EDUCATION, AND EXPERIENCE. Form 990, Part VI, Section C, line 19 GOVERNING DOCUMENTS, GRIEVANCE POLICY, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.