2016-11-08T14:34:14-06:00 2016-06-30 570381582 ELLIOTT DAVIS DECOSIMO LLC PLLC 629 MARKET STREET SUITE 100 CHATTANOOGA TN 37402 990 2015-07-01 620475682 GIRLS PREPARATORY SCHOOL INC GIRL 4236347600 205 ISLAND AVENUE CHATTANOOGA TN 37405 MR MARK VOSSKAMP CFO 4236347600 2016-11-03 1 SHELTON CHAMBERS P01479354 4237567100 2015 2017-02-10 21:41:12Z MR MARK VOSSKAMP 205 ISLAND AVENUE CHATTANOOGA TN 37405 16787144 0 X WWW.GPS.EDU X 1946 TN TO OPERATE AN ACCREDITED SECONDARY SCHOOL AND TO PROVIDE QUALITY PRIVATE SCHOOL EDUCATION FOR GIRLS IN GRADES SIX THROUGH TWELVE. 25 24 262 250 -9446 -9446 1994197 1303152 13062849 14866076 78590 87290 107026 208379 15242662 16464897 2714482 2592812 0 0 8131809 8545133 0 0 1359750 5187940 6648379 16034231 17786324 -791569 -1321427 60397340 57257886 20398300 21217926 39999040 36039960 GIRLS PREPARATORY SCHOOL INSPIRES EACH GIRL TO LEAD A LIFE OF INTEGRITY AND PURPOSE BY ENGAGING HER MIND, CULTIVATING HER STRENGTHS, AND NURTURING HER SELF-CONFIDENCE AND RESPECT FOR OTHERS. 0 0 12912124 2592812 14800814 GIRLS PREPARATORY SCHOOL IS AN INDEPENDENT COLLEGE PREPARATORY SCHOOL FOR GIRLS GRADES SIX THROUGH TWELVE WITH APPROXIMATELY 600 STUDENTS, OF WHICH APPROXIMATELY 39% RECEIVED FINANCIAL ASSISTANCE. DURING THE YEAR ENDED JUNE 30, 2016, GPS EDUCATED YOUNG WOMEN TO BE A STRONG FORCE IN THE GLOBAL COMMUNITY AND TO BE RECOGNIZED AS MODELS OF ACTIVE AND ETHICAL CITIZENSHIP. BASED ON RESEARCH THAT GIRLS LEARN BETTER IN A SINGLE-SEX ENVIRONMENT, PURSUE GREATER LEVELS OF EDUCATION, AND PURSUE CAREERS IN STEM FIELDS IN GREATER NUMBERS THAN GIRLS IN CO-ED SCHOOLS, OUR CURRICULUM FOCUSES ON THE CORE VALUES OF RESPECT, RESPONSIBILITY, DISCOVERY, AND EXCELLENCE. IN 2016, GPS GRADUATED 85 STUDENTS. 149078 186968 MAD, BAD, & DANGEROUS IS A COMMUNITY EVENT WHICH IS FREE TO THE PUBLIC THANKS TO GENEROUS SPONSORS. THE EVENT PROVIDES CHATTANOOGA-AREA WOMEN AND GIRLS WITH RESOURCES FOR ENTREPRENEURSHIP. THE EVENT INCLUDED PANEL DISCUSSIONS, SPEAKERS, WORKSHOPS, AND A MARKETPLACE. OVER 500 PEOPLE ATTENDED THIS EVENT. 13061202 1 1 0 0 0 0 0 0 0 1 1 1 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 0 0 0 1 0 0 0 0 0 0 0 0 1 35 0 1 262 1 0 0 0 0 0 1 1 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 TN CA X X MARK VOSSKAMP 4236347632 205 ISLAND AVENUE CHATTANOOGA TN 37405 DR CHRISTINE B SMITH CHAIRMAN 5.00 X X 0 0 0 CLAIRE H MCVAY SECRETARY 2.00 X X 0 0 0 BRADLEY B COBB TREASURER 3.00 X X 0 0 0 DANNA BAILEY TRUSTEE 2.00 X 0 0 0 KERRI M BARTLETT TRUSTEE 2.00 X 0 0 0 CHARLIE BROCK TRUSTEE 1.00 X 0 0 0 BETSY B BROWN TRUSTEE 1.00 X 0 0 0 BLAIR B CANNON TRUSTEE 1.00 X 0 0 0 MARILYN S CENTER TRUSTEE 1.00 X 0 0 0 MARIE W CLEARY TRUSTEE 1.00 X 0 0 0 ANITA D DAVENPORT TRUSTEE 1.00 X 0 0 0 ELIZABETH B GRAHAM TRUSTEE 1.00 X 0 0 0 HOLLY L HARWELL TRUSTEE 2.00 X 0 0 0 JOHNEL A EVANS TRUSTEE 1.00 X 0 0 0 DR R KIRK WALKER TRUSTEE 1.00 X 0 0 0 N CARTER NEWBOLD IV TRUSTEE 3.00 X 0 0 0 LISA D SHANAHAN TRUSTEE 1.00 X 0 0 0 DR REBECCA STIMSON TRUSTEE 2.00 X 0 0 0 DR MARY P TANNER TRUSTEE 3.00 X 0 0 0 ROB TAYLOR TRUSTEE 3.00 X 0 0 0 MARY MONCURE WATSON TRUSTEE 1.00 X 0 0 0 THAD WHITFIELD TRUSTEE 1.00 X 0 0 0 RANDY WILSON TRUSTEE 2.00 X 0 0 0 DR AUTUMN A GRAVES HEAD OF SCHOOL 65.00 X X 265301 0 0 ELAINE MILAZZO MIDDLE SCHOOL DIVISION HEA 40.00 X 126921 0 0 BILDA MARLEN ACUNA SMALL DIRECTOR OF STRATEGIC COMMUNICATION & MARKETING 48.00 X 118386 0 0 ELIZABETH A THOMPSON FORMER CFO 50.00 X 133905 0 0 644513 0 0 4 1 1 0 SAGE DINING SERVICES 1402 YORK ROAD SUITE 100 LUTERVILLE MD 21093 FOOD SERVICE 709629 BLACKBAUD PO BOX 930256 ATLANTA GA 31193 SOFTWARE 105924 2 1303152 84614 1303152 TUITION AND FEES 611710 13789301 13789301 AUXILIARY PROGRAMS 611710 904822 904822 FEE REVENUE 611710 171953 171953 14866076 87474 -9446 96920 51283 2684 48599 48599 48599 80519 80703 -184 -184 -184 186968 149078 37890 37890 130566 89782 40784 40784 MISCELLANEOUS REVENUE 900099 81106 81106 81106 16464897 14987782 -9446 183409 2592812 2592812 290453 145227 72613 72613 6431090 3930429 1834736 665925 412370 237958 131292 43120 917143 551123 266153 99867 494077 296897 143380 53800 55443 55443 91181 91181 162601 69565 93036 163251 163251 247099 186227 36523 24349 1115961 982046 100436 33479 100404 68330 17380 14694 213563 134902 35942 42719 668445 588232 60160 20053 993000 873840 89370 29790 63696 63696 DINING SERVICES 670832 604656 58924 7252 AUXILIARY PROGRAM EXPEN 653290 653290 CLASSROOM/INSTRUCTIONAL 268027 268027 ATHLETICS 149501 149501 1032085 634454 238578 159053 17786324 13061202 3365372 1359750 2406967 2898646 1239629 841371 22501 119267 99365 91044 571330 517326 45644044 20057205 25693459 25586839 30170195 27015544 104334 98289 89560 89560 60397340 57257886 726467 704365 1732281 1637441 15000000 14500000 2939552 4376120 20398300 21217926 X 25131215 22275895 5121223 3861354 9746602 9902711 39999040 36039960 60397340 57257886 X -1321427 -1201085 -1436568 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13235298 230303 -479216 600512 12385873 13035039 262659 529809 592209 13235298 10925372 398244 2314902 443521 159958 13035039 10051093 174933 1233110 403729 130035 10925372 10013784 58599 472026 454903 38413 10051093 0.00000 0.80480 0.19520 0 0 2591461 2591461 34848854 13660791 21188063 545388 253928 291460 3113012 2525571 587441 4545329 3616915 928414 25586839 MULTI-STRATEGY HEDGE 5135119 F PRIVATE EQUITY FUNDS 1204002 F REAL ESTATE ASSETS 1621663 F ENERGY LIMITED PARTNERSHIP 1381640 F FIXED INCOME 1821364 F U.S. EQUITY 3367659 F INTERNATIONAL EQUITY 3418094 F EMERGING MARKETS 2042264 F OPPORTUNISTIC 924859 F GLOBAL HEDGE 6098880 F 27015544 INTEREST RATE SWAP LIABILITIES 4376120 4376120 X 12673684 -1201085 2684 -1198401 13872085 2592812 2592812 16464897 15196196 2684 2684 15193512 2592812 2592812 17786324 PART V, LINE 4: THE SCHOOL'S ENDOWMENT FUNDS ARE TO BE USED TO SUPPLEMENT THE ANNUAL OPERATING BUDGET OF THE SCHOOL, FOR USE IN FINANCIAL AID AWARDS AND DEBT SERVICE. WHERE EXPLICIT DONOR STIPULATIONS ARE IN PLACE FOR PERMANENTLY RESTRICTED ENDOWED FUNDS, THOSE MONIES WILL BE ALLOCATED TO THE AREAS SPECIFICALLY IDENTIFIED BY THE DONOR. PART X, LINE 2: THE SCHOOL ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH INCOME TAX ACCOUNTING GUIDANCE IN ASC TOPIC 740. THE SCHOOL FOLLOWS THE STATUTORY REQUIREMENTS FOR ITS INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE SCHOOL'S NON-TAXABLE STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE SCHOOL'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 2,684. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED AS AN EXPENSE ON 990 2,592,812. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 2,684. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED AS AN EXPENSE ON 990 2,592,812. 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 RACIALLY NONDISCRIMINATORY POLICY IN ALL OF ITS MARKETING MATERIALS. MAD, BAD, & DANGEROUS 186968 186968 149078 186968 186968 149078 149078 37890 1 NEED-BASED FINANCIAL AID 234 2547472 FMV TUITION CREDIT MERIT SCHOLARSHIPS 2 45340 FMV TUITION CREDIT SCHEDULE I PART I LINE 2 ALL GRANTS OFFERED BY THE SCHOOL ARE APPLIED AS OFFSETS TO TUITION AND FEES AND THEREBY SATISFY ALL REQUIREMENTS TO BE USED FOR PROPER PURPOSES. X X X X 1 1 X X X X 1 0 0 0 0 0 0 0 0 DR AUTUMN A GRAVES HEAD OF SCHOOL 226140 0 0 0 39161 0 0 0 0 0 265301 0 0 0 ELIZABETH A THOMPSON FORMER CFO 125922 0 0 0 7983 0 0 0 0 0 133905 0 0 0 PART I, LINE 1A AS PART OF THE HEAD OF SCHOOL'S CONDITIONS OF EMPLOYMENT, SHE IS REQUIRED TO LIVE ON CAMPUS IN A RESIDENCE PROVIDED TO HER BY THE SCHOOL. CERTAIN ADMINISTRATORS HAVE DISCRETIONARY SPENDING ACCOUNTS. THESE ACCOUNTS ARE TO BE USED FOR SCHOOL-RELATED EXPENDITURES AS SEEN FIT BY THE ADMINISTRATOR AND HEAD OF SCHOOL. RELATIVE TO THE RESIDENCE PROVIDED TO THE HEAD OF SCHOOL, THE SCHOOL PROVIDES CERTAIN PERSONAL SERVICES FOR THE MAINTENANCE AND CARE OF THE RESIDENCE, SUCH AS CLEANING, LANDSCAPING, ETC. A HEALTH EDUCATIONAL AND HOUSING FACILITY BOARD OF THE CITY OF CHATTANOOGA 521298872 NONEAVAIL 2009-12-01 17500000 CONSTRUCTION OF SCHOOL BUILDING 0 0 0 A 3000000 17500000 17500000 0 0 1 1 A 0 0 0 0 0 0 1 A 1 1 1 SUNTRUST BANK 17.000000000000 0 0 0 0 0 A 0 X 18 79631 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE REVIEWS A FULL ELECTRONIC COPY OF THE 990. THE FINANCE COMMITTEE WILL VOTE TO APPROVE THE 990. A REDACTED 990, REMOVING SENSTIVE DONOR INFORMATION, IS ALSO DELIVERED ELECTRONICALLY TO THE FULL BOARD OF TRUSTEES IN ADVANCE OF FILING. A FULL COPY, INCLUDING THE DONOR INFORMATION, IS ALSO MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C THE COMMITTEE ON TRUSTEES REQUIRES A CONFLICT OF INTEREST FORM TO BE COMPLETED BY ALL TRUSTEES ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15A THE HEAD OF SCHOOL'S COMPENSATION PACKAGE IS DETERMINED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE HEAD OF SCHOOL. FORM 990, PART XI, LINE 9: CHANGE IN FMV OF SWAP -1,436,568. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS NOR ITS SELECTION PROCESS DURING THE TAX YEAR.