2018-02-21T11:13:39-06:00 2017-06-30 275360847 CROSSLIN PLLC 3803 BEDFORD AVENUE SUITE 103 NASHVILLE TN 37215 990 2016-07-01 620513741 MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE MONT 6152985514 4001 HARDING ROAD NASHVILLE TN 37205 ROBERT YAKUSHI DIRECTOR OF FINANCE 6152985514 2018-02-21 1 STEVEN D WARREN P00921930 6153205500 71.16.89.174 2018-02-21 11:13:33 CS P 0403BEAB8EE85F1545E0A0CABD5A55962FEE4DFE 4E72BE491E9F7EF60108EDF26D4622B817CFCC01 2016 2021-01-29 14:40:06Z ROBERT YAKUSHI 4001 HARDING ROAD NASHVILLE TN 37205 81095488 0 X WWW.MONTGOMERYBELL.EDU X 1806 TN OPERATION OF BOYS SCHOOL GRADES 7-12. 52 50 151 0 50233 0 17612696 17481752 20712920 21458991 2498816 4717211 140516 159165 40964948 43817119 2029700 2120250 0 0 15073234 14428352 0 0 1851038 17859916 17134430 34962850 33683032 6002098 10134087 161575617 172273277 36542704 36340377 125032913 135932900 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 28220790 2120250 21099673 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. 1013820 506037 ATHLETICS PROGRAM- GRADES 7-12 STUDENTS PARTICIPATE IN INTERMURAL AND INTERSCHOLASTIC SPORTS INCLUDING BASEBALL, BASKETBALL, FOOTBALL, SOCCER, GOLF, TRACK, SWIMMING, AND WRESTLING. 29234610 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 1 151 1 1 1 0 0 0 0 0 0 0 0 0 X 52 50 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 1 0 TN X X X ROBERT YAKUSHI 6152985514 4001 HARDING ROAD NASHVILLE TN 37205 DR CARL C AWH TRUSTEE 1.00 X 0 0 0 J BARRY BANKER TRUSTEE 1.00 X 0 0 0 H LEE BARFIELD II TRUSTEE 1.00 X 0 0 0 LEE A BEAMAN SECRETARY 1.00 X X 0 0 0 BOB BRANNON TRUSTEE 1.00 X 0 0 0 MARTIN BROWN TRUSTEE 1.00 X 0 0 0 VARINA BUNTIN TRUSTEE 1.00 X 0 0 0 ANDREA WAITT CARLTON TRUSTEE 1.00 X 0 0 0 BILL CARPENTER III 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 BROWNLEE CURREY JR TRUSTEE 1.00 X 0 0 0 TOM CURTIS TREASURER 1.00 X X 0 0 0 PETE DELAY TRUSTEE 1.00 X 0 0 0 MATT DOBSON IV TRUSTEE 1.00 X 0 0 0 TIM DOWNEY TRUSTEE 1.00 X 0 0 0 HON FRANK DROWOTA III TRUSTEE 1.00 X 0 0 0 JOHN EAKIN JR TRUSTEE 1.00 X 0 0 0 DR ROY ELAM III TRUSTEE 1.00 X 0 0 0 JAMES L FLAUTT TRUSTEE 1.00 X 0 0 0 DEON GAINES TRUSTEE 1.00 X 0 0 0 BEN GAMBILL JR TRUSTEE 1.00 X 0 0 0 WALTER HALE III TRUSTEE 1.00 X 0 0 0 BETH HARWELL TRUSTEE 1.00 X 0 0 0 WILLIAM HASTINGS TRUSTEE 1.00 X 0 0 0 BILL HAWKINS TRUSTEE 1.00 X 0 0 0 DAVID INGRAM CHAIRMAN 1.00 X X 0 0 0 JOHN INGRAM TRUSTEE 1.00 X 0 0 0 CLAY JACKSON TRUSTEE 1.00 X 0 0 0 PAM KOBAN TRUSTEE 1.00 X 0 0 0 BEN MAY TRUSTEE 1.00 X 0 0 0 DAVID G MCCLELLAN TRUSTEE 1.00 X 0 0 0 ALLEN MCDANIEL TRUSTEE 1.00 X 0 0 0 ROCK MORPHIS TRUSTEE 1.00 X 0 0 0 LEE NOEL TRUSTEE 1.00 X 0 0 0 JIMMY PICKEL JR TRUSTEE 1.00 X 0 0 0 ED POWELL JR TRUSTEE 1.00 X 0 0 0 ADMIRAL WILSON PRUEHER TRUSTEE 1.00 X 0 0 0 STEVE RIVEN TRUSTEE 1.00 X 0 0 0 JOHN ROCHFORD TRUSTEE 1.00 X 0 0 0 HANLEY SAYERS JR TRUSTEE 1.00 X 0 0 0 MARC STENGEL TRUSTEE 1.00 X 0 0 0 RYAN TYRRELL TRUSTEE 1.00 X 0 0 0 JAKE WALLACE TRUSTEE 1.00 X 0 0 0 DUDLEY WARNER II TRUSTEE 1.00 X 0 0 0 JIMMY WEBB III TRUSTEE 1.00 X 0 0 0 RIDLEY WILLS II TRUSTEE 1.00 X 0 0 0 BILL WILSON TRUSTEE 1.00 X 0 0 0 BLAIR WILSON TRUSTEE 1.00 X 0 0 0 RHOADS ZIMMERMAN TRUSTEE 1.00 X 0 0 0 BENJAMIN S GAMBILL III TRUSTEE 1.00 X 0 0 0 BYRON W SMITH TRUSTEE 1.00 X 0 0 0 BRADFORD GIOIA HEADMASTER 50.00 X 445737 0 33132 ROBERT K YAKUSHI DIRECTOR OF FINANCE 40.00 X 145396 0 3995 JOSEPH W JOHNSON DIRECTOR OF ALUMNI/DEV 40.00 X 157469 0 13977 FRANCES STEWART DIRECTOR JUNIOR SCHOOL 40.00 X 131095 0 14720 CHARLES M EUVERARD JR HISTORY TEACHER/HEAD FOOTB 40.00 X 113638 0 6032 GREGORY C FERRELL DIRECTOR ADMISSIONS AND FI 40.00 X 123249 0 23322 WILLIAM L NORTON IV DEAN OF HIGH SCHOOL 40.00 X 130556 0 12791 JOHN M TIPPS ATHLETIC DIRECTOR 40.00 X 141799 0 23880 1388939 0 131849 8 0 1 0 SAGE DINING SERVICES 1402 YORK RD STE 100 LUTHERVILLE MD 21093 FOOD SERVICE 1366066 SCHOOL FACILITY MANAGEMENT 800 18TH AVE S STE A NASHVILLE TN 37203 MAINTENANCE 436914 TRUST BUILDING SERVICES 2510 2ND AVE N BIRMINGHAM AL 35203 JANITORIAL 258549 ARTISAN 7409 TENNESSEE EXCAVATING DR NOLENSVILLE TN 37135 LANDSCAPING 109352 4 17481752 90593 17481752 TUITION AND FEES 611710 19755043 19755043 FOOD SERVICE 611710 873336 873336 ATHLETICS 611710 506037 506037 STUDENT ACTIVITIES 611710 194361 194361 BOOKSTORE INCOME 611710 130214 130214 21458991 1235336 50233 1185103 221249 74530 146719 146719 146719 40034500 651214 36629213 574626 3405287 76588 3481875 3481875 MISCELLANEOUS REVENUE 611710 12446 12446 12446 43817119 21605710 50233 4679424 2120250 2120250 10566405 8569638 1100962 895805 1640344 1272558 211223 156563 1502893 1178681 186198 138014 718710 558058 92264 68388 62458 62458 226625 162537 64088 33755 33755 270715 270715 1009677 1005002 4675 63981 25593 38388 347112 347112 3723008 3723008 PROJECT EXPENSES 5112008 5112008 EQUIPMENT RENTAL AND MA 2003598 2003598 ATHLETIC PROGRAM 1013820 1013820 SUPPLIES 899127 899127 2368546 1431750 447004 489792 33683032 29234610 2597384 1851038 195329 226558 22929244 32398594 3236747 4432382 704120 793303 257221 268769 114256298 39560817 77278037 74695481 30844706 33163794 26081820 26247578 48393 46818 161575617 172273277 2311573 2713346 11193880 11831650 16786000 16479000 750000 750000 5501251 4566381 36542704 36340377 X 71931218 73309815 4500514 10175492 48601181 52447593 125032913 135932900 161575617 172273277 10134087 1041524 -275624 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 65323936 2295396 5604998 4259788 68964542 64130991 3270578 1701774 3779407 65323936 65054456 1145466 1160373 3229304 64130991 59675391 1207201 7176268 3004404 65054456 55637482 937998 6056471 2956560 59675391 0.23670 0.76050 0.00280 0 0 14263668 14263668 80082440 29754342 50328098 4972266 3726383 1245883 14937924 6080092 8857832 74695481 LIMITED PARTNERSHIP INVESTMENTS 26247578 F 26247578 LIABILITIES IN EXCESS OF PENSION FUND 4566381 4566381 X 44306505 1041524 -169228 872296 43434209 275624 107286 382910 43817119 33406518 -74530 -74530 33481048 201984 201984 33683032 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 -129,203. BAD DEBT EXPENSE -40,025. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES 74,530. IN KIND CONTRIBUTIONS 32,756. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES -74,530. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT ACTIVITY EXPENSES 129,203. IN KIND CONTRIBUTIONS 32,756. BAD DEBT EXPENSE 40,025. 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. 1 FINANCIAL AID 161 2120250 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 445737 0 0 0 0 0 33132 0 0 0 478869 0 0 0 JOSEPH W JOHNSON DIRECTOR OF ALUMNI/DEV 157469 0 0 0 0 0 13977 0 0 0 171446 0 0 0 JOHN M TIPPS ATHLETIC DIRECTOR 141799 0 0 0 0 0 23880 0 0 0 165679 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. A INDUSTRIAL DEVELOPMENT BOARD OF THE METROPOLITAN GOVERNMENT OF NASHVILLE 2014-03-07 5000000 CONSTRUCTION 0 0 0 B INDUSTRIAL DEVELOPMENT BOARD OF THE METROPOLITAN GOVERNMENT OF NASHVILLE 2014-03-24 10000000 CONSTRUCTION 0 0 0 C INDUSTRIAL DEVELOPMENT BOARD OF THE METROPOLITAN GOVERNMENT OF NASHVILLE 2014-04-10 8328266 CONSTRUCTION 0 0 0 A 0 0 0 1 B 0 0 0 1 C 0 0 0 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 1 0 0 0 0 0 B 0 0 0 1 0 0 0 0 0 C 0 0 0 1 0 0 0 0 0 A 0 B 0 C 0 G THOMAS CURTIS TRUSTEE 263221 MR. CURTIS IS ALSO ON THE BOARD OF DIRECTORS OF DIVERSIFIED TRUST, WHICH HOLDS INVESTMENT ACCOUNTS FOR THE SCHOOL. AMOUNT REPORTED REPRESENTS INVESTMENT MANAGEMENT FEES. 0 DAVID INGRAM CHAIRMAN OF THE BOARD 1516102 MR. INGRAM IS ALSO ON THE BOARD OF AVENUE BANK, WHICH HOLDS DEPOSITORY ACCOUNTS FOR THE SCHOOL. AMOUNT REPORTED INCLUDES ALL DEPOSITS MADE TO AVENUE BANK DURING THE YEAR. 0 X 2 680 FAIR MARKET VALUE X 1188 FAIR MARKET VALUE X 61 8300 FAIR MARKET VALUE X EVENT TICKETS & EXPENSES 7 13405 FAIR MARKET VALUE X SUPPLIES & MATERIALS 22 4897 FAIR MARKET VALUE X FURNITURE 5 4257 FAIR MARKET VALUE X MISCELLANEOUS 9 1923 FAIR MARKET VALUE X ATHLETIC EQUIPMENT 13 1396 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.