2012-03-01T14:54:40-06:00 2011-06-30 RAYBURN BATES & FITZGERALD PC 5200 MARYLAND WAY SUITE 300 BRENTWOOD TN 37027 990 2010-07-01 620513741 MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE MONT 6152985514 4001 HARDING ROAD NASHVILLE TN 37205 SAM JACKSON 6152985514 2012-03-01 1 C THOMAS BATES 6156617878 2010 2016-02-24 21:20:13Z SAM JACKSON 4001 HARDING ROAD NASHVILLE TN 37205 61300696 0 X WWW.MONTGOMERYBELL.EDU X 1806 TN OPERATION OF BOYS SCHOOL GRADES 7-12 48 43 164 0 0 0 9977299 27778938 15006066 15620793 5087174 1275674 40964 148508 30111503 44823913 1419680 1556750 0 0 11385999 13286189 0 0 1484016 11173312 23425049 23978991 38267988 6132512 6555925 111040709 129493647 15408156 20806441 95632553 108687206 MONTGOMERY BELL ACADEMY OFFERS YOUNG MEN AN EXEMPLARY COLLEGE PREPARATORY EXPERIENCE, ASSISTING THEM TO BE "GENTLEMEN, SCHOLARS, AND ATHLETES" AND YOUNG MEN OF WISDOM AND MORAL INTEGRITY WHO WILL MAKE SIGNIFICANT CONTRIBUTIONS TO SOCIETY. 0 0 33895800 16514480 OPERATION OF A SCHOOL FOR BOYS, GRADES 7-12 - THE SCHOOL HAS AN ENROLLMENT OF OVER 700 STUDENTS. THE EDUCATION CURRICULUM INCLUDES MATH, ENGLISH, HISTORY, SCIENCE, FOREIGN LANGUAGES, AND FINE ARTS. 638480 423350 ATHLETICS PROGRAM - GRADES 7-12 STUDENTS PARTICIPATE IN INTERMURAL AND INTERSCHOLASTIC SPORTS INCLUDING BASEBALL, BASKETBALL, FOOTBALL, SOCCER, GOLF, TRACK, SWIMMING, AND WRESTLING 34534280 1 1 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 76 0 1 164 1 0 0 0 0 0 0 0 0 0 0 X 48 43 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 1 0 TN X X X SAM JACKSON 6152985514 4001 HARDING ROAD NASHVILLE TN 37205 DR CARL C AWH 1.00 X 0 0 0 J BARRY BANKER 1.00 X 0 0 0 H LEE BARFIELD II 1.00 X 0 0 0 LEE A BEAMAN 1.00 X 0 0 0 ROBERT C BRANNON 1.00 X 0 0 0 VARINA BUNTIN 1.00 X 0 0 0 JAMES L CHANDLER JR 1.00 X 0 0 0 JAMES H CHEEK III 1.00 X 0 0 0 WILLIAM S COCHRAN 1.00 X 0 0 0 BROWNLEE O CURREY JR 1.00 X 0 0 0 G THOMAS CURTIS 1.00 X 0 0 0 W LIPSCOMB DAVIS JR 1.00 X 0 0 0 WILLIAM T DELAY 1.00 X 0 0 0 MATT H DOBSON IV 1.00 X 0 0 0 HON FRANK F DROWOTA III 1.00 X 0 0 0 JOHN W EAKIN JR 1.00 X 0 0 0 ROY O ELAM III 1.00 X 0 0 0 E MORGAN ENTREKIN JR 1.00 X 0 0 0 RENARD FRANCOIS 1.00 X 0 0 0 SENATOR WILLIAM H FRIST 1.00 X 0 0 0 BEN S GAMBILL JR 1.00 X 0 0 0 R WALTER HALE III 1.00 X 0 0 0 WILLIAM H HAWKINS 1.00 X 0 0 0 DAVID B INGRAM 1.00 X 0 0 0 JOHN R INGRAM 1.00 X 0 0 0 CLAY T JACKSON 1.00 X 0 0 0 PAM KOBAN 1.00 X 0 0 0 TOM LOVENTHAL 1.00 X 0 0 0 ALLEN P MCDANIEL 1.00 X 0 0 0 GEORGE B MCGUGIN 1.00 X 0 0 0 ROBERT E MCNEILLY JR 1.00 X 0 0 0 RICHARD M MILLER 1.00 X 0 0 0 ROCK A MORPHIS 1.00 X 0 0 0 JAMES R PICKEL JR 1.00 X 0 0 0 ADMIRAL J WILSON PRUEHER 1.00 X 0 0 0 D TATE RICH 1.00 X 0 0 0 STEPHEN S RIVEN 1.00 X 0 0 0 JOHN T ROCHFORD 1.00 X 0 0 0 J HANLEY SAYERS JR 1.00 X 0 0 0 JOHN PG THOMPSON 1.00 X 0 0 0 J BRANSFORD WALLACE 1.00 X 0 0 0 DUDLEY WARNER II 1.00 X 0 0 0 JAMES A WEBB III 1.00 X 0 0 0 W RIDLEY WILLS II 1.00 X 0 0 0 BLAIR J WILSON 1.00 X 0 0 0 WILLIAM M WILSON 1.00 X 0 0 0 P RHOADS ZIMMERMAN 1.00 X 0 0 0 BRADFORD GIOIA 50.00 X X X 396705 0 17150 JENNIFER HANNON 40.00 X 120000 0 6900 JAMES TILLMAN 40.00 X 179000 0 14420 RICHARD H SEAY JR 40.00 X 150000 0 6720 SAMUEL JACKSON 40.00 X 166400 0 11120 SCOTT O'NEAL 40.00 X 123500 0 7200 1135605 0 63510 13 0 1 0 0 27778938 370201 27778938 TUITION AND FEES 611710 14450646 14450646 FOOD SERVICE 611710 618404 618404 ATHLETICS 611710 423350 423350 BOOK STORE INCOME 611710 100709 100709 STUDENT ACTIVITIES 611710 27684 27684 15620793 1233275 1233275 180126 96364 83762 83762 83762 16422818 16380419 42399 42399 42399 64746 64746 64746 44823913 16937830 0 107145 1556750 1556750 413856 41386 248313 124157 8561820 7028697 852456 680667 2369792 1878464 282443 208885 1316378 1036909 161436 118033 624343 491791 76569 55983 86124 86124 158273 133624 24649 30578 30578 69170 69170 745649 739088 6561 24517 4903 19614 108676 108676 1745408 1745408 PROJECT EXPENSES 16748147 16748147 EQUIPMENT RENTAL AND MA 1056232 1056232 ATHLETIC PROGRAM 638480 638480 SUPPLIES 605631 605631 FOOD SERVICE EXPENSE 556385 556385 851779 302236 297515 252028 38267988 34534280 2249692 1484016 600 -476 23617054 17265091 2253839 4413949 1064297 884129 1317 33053 207150 41459 81559523 24564511 39180425 56995012 35504400 39391917 9211627 10469513 111040709 129493647 1982418 3623902 7654256 8183957 5122321 750000 750000 5021482 3126261 15408156 20806441 X 47397102 60451755 10579666 10395689 37655785 37839762 95632553 108687206 111040709 129493647 X 6555925 6498728 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50949495 448495 7822101 2979180 56240911 47601782 1285932 5230453 3168672 50949495 60136664 1517491 -11156904 2895469 47601782 0 0 13367529 13367529 32982336 13328827 19653509 12943886 4887530 8056356 22265772 6348154 15917618 56995012 LIMITED PARTNERSHIP INVESTMENTS 10469513 F 10469513 DEPOSITS 14399 LIABILITIES IN EXCESS OF PENSION FUNDS 3111862 3126261 44823913 38267988 6555925 6573079 65546 -139922 25 6498728 13054653 35590961 6573079 65546 -218440 6420185 29170776 15653137 15653137 44823913 22536306 96364 96364 22439942 -139922 15967968 15828046 38267988 PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT -48,292. BOOSTER CLUB EXPENSES -97,806. STUDENT ACTIVITY EXPENSES -72,342. PART XII, LINE 4B - OTHER ADJUSTMENTS: NET ASSETS RELEASED FROM RESTRICTION 15,749,522. RENTAL EXPENSES -96,364. OTHER EXPENSES -21. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 96,364. PART XIII, LINE 4B - OTHER ADJUSTMENTS: NET ASSETS RELEASED FROM RESTRICTION 15,749,522. BAD DEBT 48,292. BOOSTER CLUB EXPENSES 97,806. STUDENT ACTIVITY EXPENSES 72,342. OTHER EXPENSES 6. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLISHES ITS RACIAL NONDICRIMINATION POLICY IN LOCAL NEWSPAPERS IN THE FALL OF EACH YEAR & DURING OPEN HOUSE AND ADMISSIONS. IT ALSO PUBLICIZES ITS NONDISCRIMINATION POLICY IN THE SCHOOL VIEWBOOK AND STUDENT APPLICATION FORMS 1 FINANCIAL AID 173 1556750 FMV NONCASH REDUCTION OF STUDENT TUITION PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: STUDENT'S TUITION IS DIRECTLY REDUCED BY SCHOLARSHIP GRANTED. OTHER INFORMATION: PART IV: THE SCHOOL AWARDS AID TO WORTHY STUDENTS BASED SOLELY ON FINANCIAL NEED. AN OUTSIDE SERVICE REVIEWS THE APPLICATIONS FOR FINANCIAL AID AND RECOMMENDS THE MAXIMUM AMOUNT OF ASSISTANCE FOR EACH APPLICANT. THE SCHOOL'S FINANCIAL COMMITTEE REVIEWS THE RECOMMENDATIONS AND MAKES THE AWARDS. X 0 1 X X X X 0 1 0 0 0 0 0 0 0 BRADFORD GIOIA 396705 0 0 0 0 0 17150 0 0 0 413855 0 0 0 JAMES TILLMAN 179000 0 0 0 0 0 14420 0 0 0 193420 0 0 0 RICHARD H SEAY JR 150000 0 0 0 0 0 6720 0 0 0 156720 0 0 0 SAMUEL JACKSON 166400 0 0 0 0 0 11120 0 0 0 177520 0 0 0 PART I, LINE 1A HOUSING IS PROVIDED FOR THE HEADMASTER OF THE SCHOOL. PART I, LINE 1B IN THE ABSENCE OF WRITTEN POLICY, THE BOARD OF TRUSTEES DETERMINE THE HOUSING PROVIDED TO THE HEADMASTER. PART I, LINE 4B HEADMASTER PARTICIPATES IN A DEFERRED COMPENSATION PLAN UNAVAILABLE TO OTHER EMPLOYEES. BRAD GIOIA EMPLOYEE LOAN X 48000 0 0 1 BRAD GIOIA DEFERRED COMPENSATION WITHDRAWALS X 33053 33053 0 0 0 33053 MR G THOMAS CURTIS TRUSTEE 324315 MR. CURTIS IS ALSO ON THE BOARD OF DIRECTORS OF DIVERSIFIED TRUST, WHICH HOLDS INVESTMENT ACCOUNTS FOR THE SCHOOL. 0 MR DAVID INGRAM VICE CHAIRMAN OF THE BOARD OF TRUSTEES 11041769 MR. INGRAM IS ALSO ON THE BOARD OF AVENUE BANK, WHICH HOLDS DEPOSITORY ACCOUNTS FOR THE SCHOOL. AMOUNT REPORTED INCLUDES ALL DEPOSITS MADE TO AVENUE BANK DURING THE YEAR. 0 X 4 14725 COST, COMPARABLE SALES X COST, COMPARABLE SALES X 26 356014 NET STOCK SALE VALUE LES X 38 13134 COST X ATHLETIC SUPPLIES & EQUIPMENT 10 2237 COST X ACADEMIC SUPPLIES & EQUIPMENT 18 8147 COST X MILEAGE 4 975 IRS PUBLISHED RATES X INSURANCE PREMIUMS 2 728 COST X EVENT TICKETS, PASSES & GIFT CERTIFICATES 35 13868 COST X OTHER NONCASH CONTRIBUTIONS 8 3313 COST, COMPARABLE SALES 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 CERTAIN EMPLOYEES OF THE SCHOOL, INCLUDING THE DIRECTOR OF FINANCE, REVIEWS FORM 990 PRIOR TO FILING TO VERIFY ALL INFORMATION CONTAINED THEREIN IS COMPLETE AND ACCURATE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION DETERMINED BY REVIEW OF RELEVANT INFORMATION BY A COMMITTEE OF THE BOARD OF TRUSTEES. THE OFFICER'S SALARY, AND ANY CHANGES, INCLUDING ANNUAL INCREASES, ARE APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 18 SELECTED FINANCIAL INFORMATION AVAILABLE ON ORGANIZATIONS'S WEBSITE AND OTHER NONPROFIT WEBSITES. ALL REQUIRED INFORMATION AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 SELECTED FINANCIAL INFORMATION IS AVAILABLE ON THE ORGANIZATION'S WEBSITE. ALL REQUIRED INFORMATION IS AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 6,573,079. DONATED SERVICES AND USE OF FACILITIES: 65,546. INVESTMENT EXPENSES: -139,922. OTHER ADJUSTMENTS 25. TOTAL TO FORM 990, PART XI, LINE 5: 6,498,728. OVERSIGHT AND REVIEW PROCESS FOR INDEPENDENT AUDIT FORM 990, PART XI, LINE 2C THE SCHOOL'S OVERSIGHT AND REVIEW PROCESSES HAVE NOT CHANGED FROM THE PRIOR YEAR.