2017-02-08T11:10:48-06:00 2016-06-30 621073578 FRASIER DEAN & HOWARD PLLC 3310 West End Ave Ste 550 Nashville TN 37203 990 2015-07-01 621296326 Currey Ingram Academy CURR 6155073167 6544 Murray Lane Brentwood TN 37027 DR JEFFREY L MITCHELL HEAD OF SCHOOL 6155073167 2017-02-08 1 Stephen T Dolan P00666397 6153836592 X 2015 2021-01-29 14:40:06Z Dr JEFFREY L MITCHELL 6544 Murray Lane Brentwood TN 37027 16021315 0 X www.curreyingram.org X 1968 TN Currey Ingram Academy is a nonprofit kindergarten through twelfth grade college preparatory school for students with average to above average intelligence who have learning differences.Currey Ingram encourages students to develop effective learning strategies by hiring highly trained teachers who meet the individual educational needs of each student by building on strengths, addressing learning styles and cultivating the confidence necessary for self advocacy. School activities are planned to broaden interests, promote leadership, shape character and develop talents.Establishing partnerships with families and sharing resources with parents, educators and professionals beyond the school are essential to the Currey Ingram experience. Currey Ingram Academy is dedicated to inspiring lifelong learners who enjoy a quality of life that is educationally rewarding and personally fulfilling. 18 18 232 125 0 0 2272710 1760347 13229089 13815651 97433 85745 146231 152170 15745463 15813913 1555760 1617859 0 0 8484070 8435598 0 0 237719 6461864 6081753 16501694 16135210 -756231 -321297 44816263 42385936 10793201 8781116 34023062 33604820 X See Schedule O 0 0 14641284 1617859 13815651 Currey Ingram Academy is a nonprofit kindergarten through twelfth grade college preparatory school of approximately 320 students with average to above average intelligence who have learning differences. 14641284 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 90 0 1 232 1 0 0 0 0 0 1 1 0 0 0 0 X 18 18 0 0 0 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 24530 0 0 JAMIE CONNELLY Trustee 2.00 X 0 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 A GRADY Trustee 2.00 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 W BRYANT TIRRILL Treasurer 2.00 X 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 CHAD J HANDSHY ASST HEAD OF SC 40.00 X 175661 0 9383 DR JANE HANNAH ASST HEAD OF SC 40.00 X 111165 0 5986 DR JEFFREY MITCHELL HEAD OF SCHOOL 40.00 X 267782 0 30589 579138 0 45958 3 0 1 0 SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 30353 DINING SERVICES 766697 SCHOOL FACILITY MANAGEMENT LLC 800 18TH AVE SOUTH STE A NASHVILLE TN 37203 GROUNDS & MAINTENANCE 365779 SERVICEFM LLC 800 18TH AVE S STE A NASHVILLE TN 37203 CUSTODIAL SERVICES 300838 APPLE FINANCIAL SERVICES PO BOX 74238 CLEVELAND OH 44194 COMPUTER LEASE & SERVICES 149219 4 123080 1637267 26756 1760347 TUITION 611600 12091505 12091505 DIAGNOSTIC CENTER 900099 417590 417590 CHILD DEVELOPMENT CENTER 900099 342788 342788 STUDENT ACTIVITIES INCOME 900099 231981 231981 DEWAR'S TUITION REFUND 900099 215700 215700 516087 516087 13815651 80382 80382 17741 0 17741 17741 17741 143530 5363 143530 0 0 5363 5363 5363 51608 123080 63872 -12264 -12264 MISCELLANEOUS 900099 146693 146693 146693 15813913 13815651 0 237915 X 1611422 1611422 6437 6437 429083 385146 38010 5927 6709310 6022297 594334 92679 294938 276794 14703 3441 502291 471393 25039 5859 499976 469219 24924 5833 33631 10354 23277 29400 29400 196339 160832 34407 1100 191096 127220 63876 202319 150977 48801 2541 45967 45294 673 375862 375862 242106 211230 30876 2033203 2033203 132068 132068 CONTRACT SERVICES 1170712 947809 215201 7702 FOOD EXPENSE 313739 254148 57534 2057 MATERIALS AND SUPPLIES 302248 197139 98447 6662 STUDENT CONTRACT DISCOU 206724 206724 606339 545716 20581 40042 16135210 14641284 1256207 237719 3562274 4005655 89937 94581 932682 81390 221019 235632 193509 100475 51257273 17889717 35169162 33367556 4533121 4380241 114559 120406 44816263 42385936 337116 187517 3002684 2620578 6948605 5699939 504796 273082 10793201 8781116 X 30101971 30487966 932682 88390 2988409 3028464 34023062 33604820 44816263 42385936 -321297 -96945 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 4608884 40055 -28854 173918 4446167 2968600 1640284 4608884 2809876 158724 2968600 2800626 9250 2809876 2796190 4436 2800626 0.31890 0.68110 0 0 2986766 2986766 41936675 12319610 29617065 1046334 614530 431804 238073 186692 51381 5049425 4768885 280540 33367556 INTEREST RATE SWAP AGREEMENT 126472 CAPITAL LEASE OBLIGATION 146610 273082 X 14169418 -96945 63872 -33073 14202491 1611422 1611422 15813913 14587660 63872 63872 14523788 1611422 1611422 16135210 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. Tax years that remain open for examination include years ended June 30, 2014 through June 30, 2016. Part XI, Line 2d - Other Adjustments: SPECIAL EVENT EXPENSES 63,872. Part XI, Line 4b - Other Adjustments: FINANCIAL AID/SCHOLARSHIPS 1,611,422. Part XII, Line 2d - Other Adjustments: SPECIAL EVENT EXPENSES 63,872. Part XII, Line 4b - Other Adjustments: FINANCIAL AID/SCHOLARSHIPS 1,611,422. 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. 0 0 0 0 0 0 0 0 0 0 TORONTO, CANADA STUDENT LED FUNDRAISER 6437 CHECK 1 0 0 0 0 0 0 HENDERSON GOLF MEMORIAL TOURNAMENT 79869 66937 12932 6990 10187 6083 2419 CELEBRATION OF THE ARTS 94819 56143 38676 11190 27003 174688 123080 51608 6990 10187 17273 29422 63872 -12264 1 SCHOLARSHIPS FOR STUDENTS 126 1611422 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 X 1 0 X X X X X 0 0 0 0 0 0 0 0 0 CHAD J HANDSHY ASST HEAD OF SC 175661 0 0 0 0 0 8783 0 600 0 185044 0 0 0 DR JEFFREY MITCHELL HEAD OF SCHOOL 228375 0 0 0 39407 0 13392 0 17197 0 298371 0 0 0 PART III - ADDITIONAL INFORMATION DUE TO THE FACT THAT THE SCHOOL DOES NOT OWN A HOUSE, AND IN ORDER TO REMAIN COMPETITIVE, THE SCHOOL PROVIDES A HOUSING ALLOWANCE TO THE HEAD OF SCHOOL. 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 4914124 30075 5469925 1500000 0 0 1 1 B 2515000 6105000 0 1 1 1 C 2575937 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 20798 LEGAL SERVICES 0 NANCY ZORETIC FORMER BOARD MEMBER 1163 SECONDARY BANKING FEES 0 X 1 10012 fmv X other 106 26756 fmv 0 0 1 Part I, Line 32b: A third party brokerage firm sells stock gifts. Part I, Line 33: The stock donations are not recorded in current year revenues. They are current year payments of prior year pledges. Form 990, Part III, Line 1 Organization's mission Currey Ingram Academy is a primary through twelfth grade independent college preparatory school. Currey Ingram provides an environment rich in opportunities for students who have unique learning styles. The educational program is structured for students to achieve a high standard of academic excellence through personalized instruction within the framework of the curriculum designed for superior to average learners. Currey Ingram encourages students to develop effective learning strategies by hiring highly trained teachers who meet the individual educational needs of each student by building on strengths, addressing learning styles and cultivating the confidence necessary for self advocacy. School activities are planned to broaden interests, promote leadership, shape character and develop talents. Establishing partnerships with families and sharing resources with parents, educators and professionals beyond the school are essential to the Currey Ingram experience. Currey Ingram Academy is dedicated to inspiring lifelong learners who enjoy a quality of life that is educationally rewarding and personally fulfilling. 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 B, line 11 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. Form 990, Part IX, line 11g OTHER FEES: Program service expenses 24,964. Management and general expenses 3,649. Fundraising expenses 0. Total expenses 28,613. CONSULTING: Program service expenses 135,868. Management and general expenses 30,758. Fundraising expenses 1,100. Total expenses 167,726. Form 990, Part IX, line 24e STUDENT ACTIVITIES: Program service expenses 176,077. Management and general expenses 1,300. Fundraising expenses 10,723. Total expenses 188,100. MISCELLANEOUS: Program service expenses 98,793. Management and general expenses 6,555. Fundraising expenses 21,930. Total expenses 127,278. TUITION REFUND PROGRAM: Program service expenses 101,117. Management and general expenses 0. Fundraising expenses 0. Total expenses 101,117. BAD DEBTS: Program service expenses 57,762. Management and general expenses 0. Fundraising expenses 0. Total expenses 57,762. PROFESSIONAL DEVELOPMENT: Program service expenses 47,741. Management and general expenses 8,105. Fundraising expenses 1,369. Total expenses 57,215. DUES & SUBSCRIPTIONS: Program service expenses 26,953. Management and general expenses 2,272. Fundraising expenses 2,891. Total expenses 32,116. BOARD & SCHOOL HOSPITALITY: Program service expenses 17,348. Management and general expenses 1,037. Fundraising expenses 3,129. Total expenses 21,514. ATHLETICS: Program service expenses 17,935. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,935. PERMITS & LICENSES: Program service expenses 1,990. Management and general expenses 1,312. Fundraising expenses 0. Total expenses 3,302.