2017-02-14T12:09:02-06:00 2016-06-30 620428728 REYNOLDS BONE & GRIESBECK PLC 5100 WHEELIS DRIVE SUITE 300 MEMPHIS TN 381174568 990 2015-07-01 620540400 THE HUTCHISON SCHOOL HUTC 9017612220 1740 RIDGEWAY ROAD MEMPHIS TN 38119 ANNETTE C SMITH PRESIDENT 9017612220 2017-02-11 1 PAUL B BERRYHILL P00869671 9016822431 2015 2017-02-10 21:41:12Z ANNETTE C SMITH 1740 RIDGEWAY ROAD MEMPHIS TN 38119 25455292 0 X WWW.HUTCHISONSCHOOL.ORG X 1964 TN EDUCATIONAL SERVICES 22 21 248 21 0 0 4515894 2524094 17945341 18034471 1941491 587506 113513 139168 24516239 21285239 1258405 1261230 0 0 12245115 12531145 0 0 0 7485788 7793231 20989308 21585606 3526931 -300367 50105716 50430838 27445659 28752482 22660057 21678356 HUTCHISON, AN INDEPENDENT, COLLEGE PREPATORY SCHOOL FOR GIRLS, 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 11399003 1261230 18130736 THE HUTCHISON SCHOOL PROVIDES PRE-KINDERGARTEN AND KINDERGARTEN CLASSES AS WELL AS CLASSES FOR GRADES 1 - 12. 11399003 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 1 135 0 1 248 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 21 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 ANNETTE C SMITH HEAD OF SCHOOL, TRUSTEE 40.00 X X 450000 0 32000 JEANNE B HOLLIS CHAIRMAN, TRUSTEE 2.00 X X 0 0 0 BARBARA C WILLIAMSON VICE CHAIRMAN, TRUSTEE 2.00 X X 0 0 0 SUSAN L SPRINGFIELD TREASURER, TRUSTEE 2.00 X X 0 0 0 ANDY MCCARROLL SECRETARY, TRUSTEE 2.00 X X 0 0 0 KATHERINE BLACKNEY TRUSTEE 1.00 X 0 0 0 EMILY BOWIE TRUSTEE 1.00 X 0 0 0 WILLIAM DEUPREE III TRUSTEE 1.00 X 0 0 0 EDWARD J DOBBS TRUSTEE 1.00 X 0 0 0 MEGAN GRINDER TRUSTEE 1.00 X 0 0 0 SARAH RUSSELL HAIZLIP TRUSTEE 1.00 X 0 0 0 BRUCE A HARRISON TRUSTEE 1.00 X 0 0 0 BERNICE H HUSSEY TRUSTEE 1.00 X 0 0 0 ANNE ORGILL KEENEY TRUSTEE 1.00 X 0 0 0 MARY M LOVELESS TRUSTEE 1.00 X 0 0 0 MICHELLE NELSON MILLER 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 W REID SANDERS TRUSTEE 1.00 X 0 0 0 FREDERICK SCHAEFFER JR 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 225574 0 15790 MARK PARKER HEAD OF DEVELOPMENT 40.00 X 132384 0 3189 LAURIE F STANTON ASST HEAD OF PROGRAMS 40.00 X 117744 0 0 ELIZABETH BOGGAN ASST HEAD OF DEVELOPMENT 40.00 X 117288 0 8210 NEAL B GILMORE HEAD OF MIDDLE SCHOOL 40.00 X 115726 0 8101 ANN C CRUMP HEAD OF LOWER SCHOOL 40.00 X 112776 0 7894 1271492 0 75184 7 0 1 0 GRINDER TABER GRINDER INC PO BOX 277351 ATLANTA GA 30384 CONSTRUCTION CONTRACTOR 1562686 SAGE DINING SERVICES INC 222 BOSLEY AVENUE SUITE B7 TOWSON MD 21204 FOOD SERVICES 746821 EAST MEMPHIS LAWN & LANDSCAPE 10250 LATTING ROAD CORDOVA TN 38016 LANDSCAPE 141162 EDUCATORS COLLABORATIVE 2248 DEEPWOOD DRIVE WILMINGTON NC 28405 SEARCH CONSULTANTS 114256 4 2524094 2524094 STUDENT TUITION 611110 17050375 17050375 SUPPORT SERVICES 611110 419156 419156 ON-LINE STORE MERCHANDISE SALES 611110 222945 222945 BUZZ SHOP SALES 611110 195342 195342 SUMMER CAMP 611110 146653 146653 18034471 630409 630409 4127000 150 4170053 0 -43053 150 -42903 -42903 ADMINISTRATIVE - OTHER SOURCES 611110 72626 72626 CHANGE IN CSV OF LIFE INSURANCE 611110 33803 33803 ADMINISTRATIVE - RENTAL INCOME 611111 22724 22724 10015 10015 139168 21285239 18130736 0 630409 X 1261230 1261230 723364 723364 10459225 7295433 3163792 546151 365921 180230 30980 20757 10223 771425 516855 254570 152805 152805 40486 40486 33239 33239 103857 103857 499323 16336 482987 1993761 1993761 810407 810407 STUDENT SERVICES 949602 949602 OPERATION/MAINTENANCE 901422 901422 SUPPLIES 440635 295225 145410 GENERAL & ADMINISTRATIV 394511 394511 1473183 573787 899396 21585606 11399003 10186603 0 1900 1700 3467605 2350208 3070370 2782339 171524 520684 492843 361533 52068523 25903661 24697460 26164862 17764830 17784623 0 0 439184 464889 50105716 50430838 1000760 1343446 6661200 7616296 17020000 16962774 2763699 2829966 27445659 28752482 X 19012088 17367420 1938969 2501936 1709000 1809000 22660057 21678356 50105716 50430838 -300367 -681334 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 22471292 1677773 -158357 98650 3333144 21337 20537577 20370269 3400768 -174508 106681 1018556 22471292 18837461 976509 2222296 59822 1606175 20370269 18168465 269869 1618170 66500 1152543 18837461 18480226 529182 59788 66500 834231 18168465 0.79370 0.08810 0.11820 0 0 239559 239559 43498372 19225556 24272816 8330592 6678105 1652487 0 26164862 DEFERRED COMPENSATION 2801126 ART CLUB 277 ATHLETIC ASSOCIATION 407 COMMUNITY SERVICES 91 CUM LAUDE 502 JUNIOR CLASSICAL LEAGUE 841 MS STUDENT COUNCIL 186 NATIONAL HONOR SOCIETY 604 US STUDENT COUNCIL 9116 SPANISH CLUB 500 LS SUNSHINE FUND 79 MS SUNSHINE FUND 129 ATHLETICS SPECIAL EVENTS 95 UPPER SCHOOL PEER COUNCIL 955 GOVERNMENT CLUB 338 US SUNSHINE FUND 360 CLASS OF 2016 9722 CLASS OF 2017 4638 2829966 X 20603905 -681334 -681334 21285239 0 21285239 21585606 0 21585606 0 21585606 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, 2016 AND 2015. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 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 145 1261230 X X X X X 0 1 0 0 0 0 0 0 0 ANNETTE C SMITH HEAD OF SCHOOL, TRUSTEE 450000 0 0 0 0 0 32000 0 0 0 482000 0 0 0 RANDY OLSWING ASST HEAD OF OPERATIONS 225574 0 0 0 0 0 0 0 15790 0 241364 0 0 0 PART I, LINE 4B ANNETTE C. SMITH, PRESIDENT AND HEAD OF SCHOOL, IS A PARTICIPANT IN THE HUTCHISON SCHOOL NON-QUALIFIED RETIREMENT PLAN. DURING THE CURRENT YEAR, $32,000 WAS CONTRIBUTED TO THE PLAN FOR MS. SMITH'S BENEFIT. FORM 990, PART VI, SECTION B, LINE 11 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 230,760. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 230,760. STRATEGIC PLANNING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 202,956. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 202,956. PRINTING AND PUBLICATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 176,885. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 176,885. BUZZ SHOP COGS: PROGRAM SERVICE EXPENSES 172,626. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 172,626. INSTRUCTIONAL: PROGRAM SERVICE EXPENSES 110,656. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 110,656. ADVERTISING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 89,330. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 89,330. PROMOTIONAL EVENTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 88,871. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 88,871. CAPITAL CAMPAIGN EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 84,390. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 84,390. MEMBERSHIP DUES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 77,608. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 77,608. STUDENT ACTIVITIES: PROGRAM SERVICE EXPENSES 59,745. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 59,745. CONFERENCES AND CONVENTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 56,860. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 56,860. TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 35,390. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,390. BAD DEBTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 35,246. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,246. POSTAGE AND SHIPPING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 32,896. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,896. TAXES AND LICENCES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,963. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,963. EQUIPMENT RENTAL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,001. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,001. 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, 2016 THE HUTCHISON SCHOOL IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).