2018-08-28T09:43:47-05:00 2018-06-30 620428728 REYNOLDS BONE & GRIESBECK PLC 5100 WHEELIS DRIVE SUITE 300 MEMPHIS TN 381174568 990 2017-07-01 620540400 THE HUTCHISON SCHOOL HUTC 9017612220 1740 RIDGEWAY ROAD MEMPHIS TN 38119 KRISTEN D RING PRESIDENT 9017612220 2018-08-27 1 CARL J HAAG P00052953 9016822431 2017 2022-09-23 18:48:47Z KRISTEN D RING 1740 RIDGEWAY ROAD MEMPHIS TN 38119 25656967 0 X WWW.HUTCHISONSCHOOL.ORG X 1964 TN EDUCATIONAL SERVICES 20 19 237 19 0 0 1829665 2351759 19209971 19451141 664677 931203 151932 112567 21856245 22846670 1385031 1367084 0 0 13130859 13726890 0 0 0 7902994 7151523 22418884 22245497 -562639 601173 47449178 48099834 25109074 24920654 22340104 23179180 HUTCHISON SCHOOL IS AN INDEPENDENT, COLLEGE PREPATORY SCHOOL FOR GIRLS. THE SCHOOL IS DEDICATED TO PROVIDING ACADEMIC EXCELLENCE AND PARALLEL DEVELOPMENT OF MIND, BODY, AND SPIRIT AS IT EDUCATES YOUNG WOMEN FOR LIVES OF INTEGRITY AND RESPONSIBLE CITIZENSHIP. 0 0 14586024 1367084 19528713 THE HUTCHISON SCHOOL PROVIDES PRE-KINDERGARTEN AND KINDERGARTEN CLASSES AS WELL AS CLASSES FOR GRADES 1 - 12. 14586024 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 120 0 1 237 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X RANDY OLSWING 9017612220 1740 RIDGEWAY ROAD MEMPHIS TN 38119 KRISTEN D RING HEAD OF SCHOOL, TRUSTEE 40.00 X X 250000 0 0 ANDREW R MCCARROLL CHAIRMAN, TRUSTEE 2.00 X X 0 0 0 MEGAN WELLFORD GRINDER VICE CHAIRMAN, TRUSTEE 2.00 X X 0 0 0 MICHELLE NELSON MILLER TREASURER, TRUSTEE 2.00 X X 0 0 0 EDWARD J DOBBS SECRETARY, TRUSTEE 2.00 X X 0 0 0 EMILY BRYCE BOWIE TRUSTEE 1.00 X 0 0 0 ERICA COOPWOOD TRUSTEE 1.00 X 0 0 0 WILLIAM W DEUPREE III TRUSTEE 1.00 X 0 0 0 MELLISSA CONRAD GRIMES TRUSTEE 1.00 X 0 0 0 JEANNE BOWEN HOLLIS TRUSTEE 1.00 X 0 0 0 ANNE ORGILL KEENEY TRUSTEE 1.00 X 0 0 0 KIM CRAIN LOWRANCE TRUSTEE 1.00 X 0 0 0 JOHNNY B MOORE JR TRUSTEE 1.00 X 0 0 0 RICHARD C MOORE JR TRUSTEE 1.00 X 0 0 0 JEANNIE TABOR TRUSTEE 1.00 X 0 0 0 STEPHANIE D TANCREDI TRUSTEE 1.00 X 0 0 0 WILLIAM TAYLOE TRUSTEE 1.00 X 0 0 0 SANFORD C THOMAS TRUSTEE 1.00 X 0 0 0 KELLY TRUITT TRUSTEE 1.00 X 0 0 0 MUFFY TURLEY TRUSTEE 1.00 X 0 0 0 RANDY OLSWING ASST HEAD OF OPERATIONS 40.00 X 239584 0 16771 NEAL B GILMORE HEAD OF UPPER SCHOOL 40.00 X 135036 0 9453 LAURIE F STANTON ASST HEAD OF PROGRAMS 40.00 X 132978 0 0 ANN C CRUMP HEAD OF LOWER SCHOOL 40.00 X 127742 0 8942 ELIZABETH BOGGAN ASST HEAD OF DEVELOPMENT 40.00 X 122750 0 8593 CHRISTINE SAUNDERS HEAD OF MIDDLE SCHOOL 40.00 X 122750 0 8593 1130840 0 52352 9 0 1 0 SAGE DINING SERVICES INC 222 BOSLEY AVENUE SUITE B7 TOWSON MD 21204 FOOD SERVICES 773477 EAST MEMPHIS LAWN & LANDSCAPE 10250 LATTING ROAD CORDOVA TN 38016 LANDSCAPE 134156 CONFERENCE TECHNOLOGIES INC PO BOX 66726 ST LOUIS MO 63166 TECHNOLOGY SERVICES 112422 CDW INC 75 REMITTANCE DRIVE SUITE 1515 CHICAGO IL 60675 COMPUTER SERVICES 111835 HOLLIS AND BURNS 700 COLONIAL RD SUITE 250 MEMPHIS TN 38177 INSURANCE SERVICES 105181 5 2351759 2351759 STUDENT TUITION 611110 18379895 18379895 SUPPORT SERVICES 611110 462248 462248 BUZZ SHOP SALES 611110 231849 231849 ON-LINE STORE MERCHANDISE SALES 611110 231291 231291 SUMMER CAMP 611110 145858 145858 19451141 288515 288515 3443235 9750 2800547 9750 642688 0 642688 642688 ADMINISTRATIVE - OTHER SOURCES 611110 74122 74122 ADMINISTRATIVE - RENTAL INCOME 611111 34995 34995 ALUMNAE - OTHER SOURCES 611110 3450 3450 112567 22846670 19528713 0 966198 X 1367084 1367084 506355 506355 11038623 7790852 3247771 627461 418307 209154 742493 494995 247498 811958 541305 270653 11516 11516 53150 53150 20211 20211 165313 165313 44509 44509 67487 67487 462568 3782 458786 1966578 1958481 8097 179564 179564 OPERATION/MAINTENANCE 1036767 1036767 STUDENT SERVICES 960143 960143 SUPPLIES 517930 345287 172643 GENERAL & ADMINISTRATIV 480994 480994 1184793 661279 523514 22245497 14586024 7659473 0 1700 2300 4083395 3040483 2332400 1987036 494087 437356 338635 383374 53145612 28746045 25369625 24399567 14276349 17288846 0 0 552987 560872 47449178 48099834 1110060 1047164 7674292 7691057 16244805 16113500 79917 68933 25109074 24920654 X 17896945 17915504 2634159 3449676 1809000 1814000 22340104 23179180 47449178 48099834 X 601173 258576 -20673 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21567563 1371901 1185549 60000 902943 -7142 23169212 20537577 953185 1827210 54300 1697980 -1871 21567563 22471292 1677773 -158357 98650 3333144 21337 20537577 20370269 3400768 -174508 106681 1018556 22471292 18837461 976509 2222296 59822 1606175 20370269 0.77280 0.07830 0.14890 0 0 239559 239559 44440976 21874399 22566577 8465077 6871646 1593431 0 24399567 COMMUNITY SERVICES 98 JUNIOR CLASSICAL LEAGUE 410 MS STUDENT COUNCIL 587 US STUDENT COUNCIL 20132 SPANISH CLUB 100 LS SUNSHINE FUND 79 MS SUNSHINE FUND 279 ATHLETICS SPECIAL EVENTS 30139 US SUNSHINE FUND 360 CLASS OF 2018 10281 CLASS OF 2019 6468 68933 X 23121228 258576 15982 274558 22846670 0 22846670 22282152 36655 36655 22245497 0 22245497 PART V, LINE 4: OPERATING SUPPORT, FINANCIAL ASSISTANCE, AND CAPITAL EXPENDITURES. PART X, LINE 2: IN ACCORDANCE WITH U.S. GAAP, IF APPLICABLE, THE SCHOOL RECOGNIZES INTEREST EXPENSE AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSE. NO AMOUNTS HAVE BEEN RECOGNIZED IN OPERATING EXPENSES FOR THE YEARS ENDING JUNE 30, 2018 AND 2017. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCREASE IN CASH VALUE OF LIFE INSURANCE PART XII, LINE 2D - OTHER ADJUSTMENTS: SCHOOL OWNED LIFE INSURANCE PREMIUMS 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 STATES ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL NEWSPAPER ADVERTISEMENTS THAT SOLICIT STUDENT REGISTRATION AND IN ALL BROCHURES AND PUBLICATIONS. 1 FINANCIAL AID AWARDS 144 1367084 X X X X X 0 0 0 0 0 0 0 0 0 KRISTEN D RING HEAD OF SCHOOL, TRUSTEE 250000 0 0 0 0 0 0 0 0 0 250000 0 0 0 RANDY OLSWING ASST HEAD OF OPERATIONS 239584 0 0 0 0 0 0 0 16771 0 256355 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY REVIEWS THE 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C AS OUTLINED IN THE BY-LAWS, POTENTIAL CONFLICTS OF INTEREST REQUIRE IMMEDIATE DISCLOSURE AND REVIEW BY THE BOARD OF TRUSTEES. AN ANNUAL DISCLOSURE STATEMENT IS REQUIRED TO BE SUBMITTED TO THE HEAD OF SCHOOL AND THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD USES COMPARABILITY DATA AND DELIBERATION/DECISION SUBSTANTIATION OF ACCOMPLISHMENTS, ETC. TO DETERMINE COMPENSATION. INDEPENDENT COMPENSATION CONSULTANTS ARE USED PERIODICALLY TO REVIEW/ADVISE ON COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E ON-LINE STORE MERCHANDISE COGS: PROGRAM SERVICE EXPENSES 229,831. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 229,831. BUZZ SHOP COGS: PROGRAM SERVICE EXPENSES 200,516. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 200,516. PRINTING AND PUBLICATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 164,289. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 164,289. INSTRUCTIONAL: PROGRAM SERVICE EXPENSES 148,477. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 148,477. BAD DEBTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 121,503. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 121,503. STUDENT ACTIVITIES: PROGRAM SERVICE EXPENSES 82,455. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 82,455. MEMBERSHIP DUES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 70,331. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 70,331. STRATEGIC PLANNING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 61,047. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 61,047. TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 31,147. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,147. POSTAGE AND SHIPPING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 24,320. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,320. EQUIPMENT RENTAL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 22,422. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,422. TAXES AND LICENCES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 18,950. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,950. CAPITAL CAMPAIGN EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,505. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,505. FORM 990, PART XI, LINE 9: INCREASE IN CASH VALUE OF LIFE INSURANCE 15,982. SCHOOL OWNED LIFE INSURANCE PREMIUMS -36,655. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. FORM 990 SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION THE HUTCHISON SCHOOL 1740 RIDGEWAY ROAD MEMPHIS, TN 38119 EMPLOYER IDENTIFICATION NUMBER: 62-0540400 FOR THE YEAR ENDING JUNE 30, 2018 THE HUTCHISON SCHOOL IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).