2017-02-15T15:01:00-06:00 2016-06-30 620963442 FOUTS & MORGAN CPAS 1715 AARON BRENNER DR STE 700 MEMPHIS TN 381201471 990 2015-07-01 620728732 EVANGELICAL CHRISTIAN SCHOOL OF MEMPHIS INC EVAN 9017547217 7600 MACON RD CORDOVA TN 38018 DANIEL C PETERSON HEAD OF SCHOOL 9017547217 2017-02-13 1 GARY D PURDY CPA P00481587 9017612110 2017-02-13 2015 2021-01-29 14:40:06Z DANIEL C PETERSON P O BOX 1030 CORDOVA TN 380881030 10941610 0 X WWW.ECSEAGLES.COM X 1964 TN OUR MISSION IS TO PROVIDE THE CHRISTIAN FAMILY WITH A CHRIST-CENTERED, BIBLICALLY DIRECTED EDUCATION THAT CHALLENGES STUDENTS TO KNOW THE LORD JESUS CHRIST AND TO DEVELOP THE VISION AND PRACTICE OF EXCELLENCE IN ACADEMICS, CHARACTER, LEADERSHIP, AND SERVICE TO OTHERS. 13 13 227 140 -291789 0 355172 558213 9999378 9952732 17516 -243947 184081 147408 10556147 10414406 40867 35085 0 0 7134244 7427592 0 0 287208 3923885 3722366 11098996 11185043 -542849 -770637 23552063 22444931 11171550 10842518 12380513 11602413 OUR MISSION IS TO PROVIDE THE CHRISTIAN FAMILY WITH A CHRIST-CENTERED, BIBLICALLY DIRECTED EDUCATION THAT CHALLENGES STUDENTS TO KNOW THE LORD JESUS CHRIST AND TO DEVELOP THE VISION AND PRACTICE OF EXCELLENCE IN ACADEMICS, CHARACTER, LEADERSHIP, AND SERVICE TO OTHERS. 0 0 9977801 35085 9952732 EDUCATIONAL SERVICES FOR K-12 FOR APPROXIMATELY 800 STUDENTS 9977801 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 1 0 1 0 0 0 0 1 0 0 0 1 89 0 1 227 1 0 0 0 0 0 1 1 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X WENDELL THOMPSON 9017547217 7600 MACON ROAD MEMPHIS TN 38018 RANDY ANDERSON CHAIRMAN 2.00 X X 0 0 0 SCOTT HAUSS TRUSTEE 2.00 X X 0 0 0 WES BOWEN TRUSTEE 2.00 X 0 0 0 DAVE MORRIS TRUSTEE 2.00 X 0 0 0 VAN OLIVER TRUSTEE 2.00 X 0 0 0 RONNIE KING TRUSTEE 2.00 X 0 0 0 BRYAN LYLE TRUSTEE 2.00 X 0 0 0 CHARLES RICKETTS SECRETARY 2.00 X 0 0 0 MATTHEW WADDELL TRUSTEE 2.00 X 0 0 0 MARVIN COLEMAN TRUSTEE 2.00 X 0 0 0 JAMEY JONES TRUSTEE 2.00 X 0 0 0 ANDREW NEARN TRUSTEE 2.00 X 0 0 0 JOE ROWLAND TRUSTEE 2.00 X 0 0 0 DAN PETERSON PRESIDENT 40.00 X X 97012 0 3768 BARRETT LUKETIC PRINCIPAL 40.00 X 118299 0 4317 CHARLES SMITH PRINCIPAL 40.00 X 100669 0 7128 315980 0 15213 2 0 0 0 MEMPHIS LIGHT GAS & WATER PO BOX 388 MEMPHIS TN 381450388 UTILITIES 340726 JANIALL LLC 10092 NOLTON CIR CORDOVA TN 38016 JANITORIAL SERVICES 236001 GOLDING MECHANICAL PO BOX 628 ELLENDALE TN 380290628 HVAC REPAIR & MAINTENANCE 182614 PHELPS SECURITY INC PO BOX 770479 MEMPHIS TN 381770479 SECURITY SERVICES 131758 FIRST EVANGELICAL CHURCH 735 RIDGE LAKE BOULEVARD MEMPHIS TN 38120 RENT 100179 5 1000 557213 26186 558213 ACADEMIC INSTRUCTION 611110 9686536 9686536 STUDENT ACTIVITIES 611110 248673 248673 AUXILIARY SERVICES 611110 17523 17523 9952732 47842 47842 8730 0 8730 8730 8730 291789 -291789 -291789 -291789 145397 103926 41471 41471 228696 131489 97207 97207 10414406 9961462 -291789 186520 35085 35085 6322096 5941696 228849 151551 47840 47840 605058 561743 31342 11973 452598 429344 14655 8599 102383 77548 11028 13807 89619 66832 18564 4223 413498 247053 98665 67780 237522 171286 59474 6762 803823 569586 234237 240579 208875 31664 40 12572 9681 2514 377 736534 567132 147306 22096 MISCELLANEOUS - ACADEMI 690208 690208 MISCELLANEOUS - COCURRI 353892 353892 MISCELLANEOUS - ADMINIS 41736 41736 11185043 9977801 920034 287208 1007985 783191 661895 669810 231178 164370 5721400 5672729 4978 0 4349 4129 79294 69406 29401185 16325411 13937313 13075774 1903671 2005522 23552063 22444931 682878 664014 36183 27421 9163081 8903652 1289408 1247431 11171550 10842518 X 11692702 10823567 45843 136328 641968 642518 12380513 11602413 23552063 22444931 -770637 -7463 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 691520 550 12034 1000 703104 695050 -2530 1000 691520 718367 420 97024 115851 4910 695050 680564 1100 78617 37624 4290 718367 741503 15060 4987 76844 4142 680564 0 1 1 2536797 2536797 22539082 12239018 10300064 4325306 4086393 238913 13075774 X 10642358 -7463 235415 227952 10414406 0 10414406 11420458 235415 235415 11185043 0 11185043 PART V, LINE 4: EARNINGS FROM THE ENDOWMENT ARE USED TO PROVIDE NEED BASED SCHOLARSHIPS TO STUDENTS ENROLLED IN THE SCHOOL. PART X, LINE 2: MANAGEMENT OF THE SCHOOL CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS EXEMPT ORGANIZATION RETURNS AND DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS IN FILED RETURNS THAT REQUIRE DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL'S 990 INFORMATION RETURN FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINIATION BY TAX AUTHORITIES AND MAY CHANGE UPON EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES RECORDED ON 990, PART VIII, LINE 8B 103,926. COGS INCLUDED ON FORM 990, PART VIII, LINE 10B 131,489. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES RECORDED ON 990, PART VIII, LINE 8B 103,926. COGS INCLUDED ON FORM 990, PART VIII, LINE 10B 131,489. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ANUALLY THE SCHOOL PUBLISHES IN THE LOCAL METROPOLITIAN NEWSPAPER A NOTICE THAT MEETS THE PUBLICITY REQUIREMENTS OF REV. PROC. 75-50, 1975-2 C.B. 587, PART 4.03 TASTE OF ECS 12836 12836 1336 751 250 1440 GOLF TOURNAMENT 48178 48178 3600 4427 10576 3787 1935 4 84383 84383 75824 145397 145397 3600 4427 11912 4538 250 79199 103926 41471 1 COLLEGE SCHOLARSHIPS 5 32815 X X X X 0 0 0 0 0 0 0 0 0 ANDREW NEARN TRUSTEE 19375 TUITION ASSISTANCE JAMEY JONES TRUSTEE 16696 AUTOMATIC TUITION REMISSION DAN PETERSON PRESIDENT 17390 AUTOMATIC TUITION REMISSION ASHLEY NEARN FAMILY MEMBER OF TRUSTEE 11322 EMPLOYEE COMPENSATION 0 GLORIA JONES FAMILY MEMBER OF TRUSTEE 11688 EMPLOYEE COMPENSATION 0 X 3 26246 MARKET 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE (COMPRISED OF INDEPENDENT TRUSTEES) REVIEWS THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C IN ADDITION TO A REQUIRED ANNUAL DISCLOSURE, OFFICERS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE BEFOREHAND ANY POTENTIAL CONFLICTS OF INTEREST IN ANY TRANSACTION AND TO RECUSE THEMSELVES FROM VOTING ON ANY SUCH TRANSACTION. EACH WEEK THE SCHOOL'S BUSINESS MANAGER REVIEWS TRANSACTIONS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL HAS 1 EMPLOYEE WHO IS AN OFFICER (AS DEFINED BY THE IRS) OR KEY EMPLOYEE: THE PRESIDENT (TOP MANAGEMENT OFFICIAL). EACH YEAR THE SCHOOL GATHERS COMPARABLE COMPENSATION DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, THE MEMPHIS ASSOCIATION OF INDEPENDENT SCHOOLS AND FORMS 990 ON GUIDESTAR.ORG FOR SIMILAR POSITIONS AT SIMILAR SCHOOLS. NEAR THE END OF EACH SCHOOL YEAR THE EXECUTIVE COMMITTEE (CONSISITING OF THE CHAIRMAN, VICE CHAIRMAN, SECRETARY AND TREASURER, ALL OF WHICH ARE UNCOMPENSATED TRUSTEES) EVALUATES THE HEAD OF SCHOOL AGAINST THE ANNUAL GOALS SET AT THE START OF THE YEAR. THE COMMITTEE MEETS IN EXECUTIVE SESSION TO REVIEW COMPARABLE COMPENSATION DATA, TO DETERMINE YEAR-END PERFORMANCE BONUSES, IF ANY, FOR THE HEAD OF SCHOOL AND TO SET HIS COMPENSATION AND BENEFITS FOR THE COMING YEAR. THE COMMITTEE DOCUMENTS THE MINUTES OF THE MEETING AND ITS DELIBERATIONS AND DECISIONS. THE COMPARABLE COMPENSATION DATA IS FILED WITH THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST THE SCHOOL PROVIDES AT NO CHARGE A COPY OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND/OR AUDITED FINANCIAL STATEMENTS. FORM 990 PART VIII LINE 7(B): ON MAY 19, 2016, THE ECS BOARD OF TRUSTEES APPROVED THE RECONVEYANCE OF THE UNDEVELOPED LAND HELD FOR FUTURE USE TO THE NOTE HOLDER RELATED TO THAT LAND. ON NOVEMBER 14, 2016 THE RECONVEYANCE WAS FINALIZED BY THE EXECUTION OF A QUIT CLAIM DEED AS WELL AS A MUTUAL AGREEMENT AND RELEASE. THE MUTUAL AGREEMENT AND RELEASE PROVIDES THAT IN EXCHANGE FOR RECONVEYANCE OF THE LAND, THE SCHOOL OWES NO ADDITIONAL INTEREST OR PRINCIPAL TO THE NOTE HOLDER SUBSEQUENT TO THE LAST SCHEDULED ANNUAL PAYMENT MADE BY ECS IN MARCH OF 2016. THEREFORE, THE LAND VALUE WAS REDUCED BY $291,789 TO RECOGNIZE ITS IMPAIRMENT OF VALUE AT JUNE 30, 2016. THE EAGLE FOUNDATION OF MEMPHIS INC PO BOX 1030 CORDOVA TN 38088 208453749 SUPPORTING ORGANIZATION TN 501(C)(3) LINE 11A, I N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 EAGLE FOUNDATION C 1000 COST