2014-12-15T14:12:17-06:00 2014-07-31 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1200 MARKET STREET CHATTANOOGA TN 37402 990 2013-08-01 620692977 CHATTANOOGA BOYS CHOIR CHAT 4236342299 700-B PINE STREET CHATTANOOGA TN 37402 VINCENT OAKES EXECUTIVE DIRECTOR 4236342299 2014-12-15 1 JERRY SMITH CPA P00104258 4237567771 2014-12-15 2013 2015-11-30 17:44:51Z VINCENT OAKES 700-B PINE ST CHATTANOOGA TN 37402 220076 0 X CHATTANOOGABOYSCHOIR.ORG X 1954 TN TO POSITIVELY INFLUENCE AND DEVELOP THE LIVES OF BOYS BY PROVIDING A MUSIC PROGRAM OF THE HIGHEST QUALITY WHICH INCLUDES EDUCATION, APPRECIATION, AND PERFORMANCE. 18 18 8 250 0 0 57729 50439 129620 161488 1 1 6167 8148 193517 220076 0 0 0 0 94916 96440 0 0 0 111666 122947 206582 219387 -13065 689 12836 7006 18821 12302 -5985 -5296 TO POSITIVELY INFLUENCE AND DEVELOP THE LIVES OF BOYS BY PROVIDING A MUSIC PROGRAM OF THE HIGHEST QUALITY WHICH INCLUDES EDUCATION, APPRECIATION, AND PERFORMANCE. 0 0 71981 43717 TUITION COLLECTED FOR SUPPORT OF THE MISSION OF THE CHATTANOOGA BOYS CHOIR. 51394 63202 TOUR AND TRAINING CAMP FOR SUPPORT OF THE MISSION OF THE CHATTANOOGA BOYS CHOIR. 29730 37806 CONCERT AND PERFORMANCES FOR SUPPORT OF THE MISSION OF THE CHATTANOOGA BOYS CHOIR. 24912 24912 153105 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 8 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 1 0 TN X DAWN OAKES 4236342299 700-B PINE STREET CHATTANOOGA TN 37402 LEE DAVIS PRESIDENT 0.00 X 0 0 0 SUSAN LASETER SECRETARY 0.00 X 0 0 0 STEPHANIE FITCH TREASURER 0.00 X 0 0 0 DON ANDREWS DIRECTOR 0.00 X 0 0 0 ANNABELL HARR DIRECTOR 0.00 X 0 0 0 GALEN PICKARD DIRECTOR 0.00 X 0 0 0 MIKE HASKEW DIRECTOR 0.00 X 0 0 0 BEAU WELLS DIRECTOR 0.00 X 0 0 0 C MICHAEL BRUNSON DIRECTOR 0.00 X 0 0 0 ALICE MORGAN DIRECTOR 0.00 X 0 0 0 GENE WILBOURN DIRECTOR 0.00 X 0 0 0 GEORGE RANDALL JR DIRECTOR 0.00 X 0 0 0 BRAD TUCKER DIRECTOR 0.00 X 0 0 0 ROBERT DUGAN DIRECTOR 0.00 X 0 0 0 VINCE DEAN DIRECTOR 0.00 X 0 0 0 HEATHER HICKS DIRECTOR 0.00 X 0 0 0 ANDY PEREZ DIRECTOR 0.00 X 0 0 0 VINCENT OAKES EXECUTIVE DIRECTOR 40.00 X 37956 0 1139 37956 0 1139 0 0 0 0 0 39439 11000 50439 TOUR AND TRAINING CAMP 900099 63202 63202 TUITION - REGULAR 900099 43717 43717 CONCERTS AND PERFORMAN 900099 37806 37806 PECAN SALES 900099 14326 14326 SALES OF MERCHANDISE A 900099 2437 2437 161488 1 1 MISCELLANEOUS 900099 8148 8148 8148 220076 169637 0 0 37956 37956 45608 16268 29340 1139 1139 5424 5424 6313 4069 2244 2200 2200 1250 625 625 5119 1280 3839 4800 2400 2400 109 109 2752 2752 4378 4378 SUMMER TOUR 42121 42121 CONCERT EXPENSE 29730 29730 TRAINING WEEK 9273 9273 SCHOLARSHIPS AWARDED 6200 6200 15015 2820 12195 219387 153105 66282 0 3766 4387 6423 2074 13134 12589 2647 545 12836 7006 13181 10564 5640 1738 18821 12302 X -5985 -5296 -5985 -5296 12836 7006 689 0 X X 0 1 X 1 0 X 105686 138876 135000 135524 169636 684722 105686 138876 135000 135524 169636 684722 226914 457808 19 11 7 1 1 39 684761 378377 0.66860 0.68950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13134 12589 545 545 X 220076 0 220076 0 220076 219387 0 219387 0 219387 PART X, LINE 2: THE ORGANIZATION IS CONSIDERED AN EXEMPT ORGANIZATION FROM FEDERAL AND STATE INCOME TAXES. HOWEVER, IN THE EVENT THAT THE ORGANIZATION PARTAKES IN AN ACTIVITY THAT COULD JEOPARDIZE THIS TAX-EXEMPT STATUS, THE ORGANIZATION WOULD BE SUBJECT TO INCOME TAX. THE ORGANIZATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FASB ASC TOPIC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. SUCH TAX POSITIONS INITIALLY AND SUBSEQUENTLY NEED TO BE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE TAX AUTHORITY ASSUMING FULL KNOWLEDGE OF THE POSITION AND RELEVANT FACTS. THE ADOPTION OF FASB ASC TOPIC 740 DID NOT HAVE A MATERIAL IMPACT ON THE ORGANIZATIONS FINANCIAL STATEMENTS. THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING DISCLOSURE, AND THERE ARE NO MATERIAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS. THE ORGANIZATIONS EVALUATION WAS PERFORMED FOR TAX YEARS ENDED JULY 31, 2009 THROUGH JULY 31, 2014, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF JULY 31, 2014. FORM 990, PART VI, SECTION A, LINE 2 THE EXECUTIVE DIRECTOR AND THE ADMINISTRATIVE DIRECTOR ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11 CHATTANOOGA BOYS CHOIR PROVIDES THE BOARD OF DIRECTORS WITH A COPY OF THE FORM 990. THEY REVIEW THE FORM AND ASK ANY QUESTIONS PRIOR TO APPROVING. FORM 990, PART VI, SECTION B, LINE 15 INITIAL SALARIES WERE SET BY THE BOARD AFTER COMPARING SIMILAR POSITIONS AND ORGANIZATIONS. THE BOARD APPROVES SALARIES EACH YEAR FOLLOWING AN ANNUAL REVIEW. CHANGES ARE MADE BASED ON COLA, CHANGES IN RESPONSIBILITIES, AND MERIT. FORM 990, PART VI, SECTION C, LINE 19 CHATTANOOGA BOYS CHOIR MAKES ALL INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS OR SELECTION HAS NOT CHANGED DURING THIS YEAR.