2011-05-12T11:27:41-05:00 2010-06-30 DEMPSEY VANTREASE & FOLLIS PLLC 630 S CHURCH ST STE 300 MURFREESBORO TN 37130 990 2009-07-01 620401875 THE WEBB SCHOOL WEBB 9313899322 PO Box 488 BELL BUCKLE TN 37020 joe iorio 6153899322 2011-05-12 1 Mark E Follis CPA 6158936666 2011-05-12 X 2009 2016-02-24 21:20:13Z joe iorio 319 webb road east bell buckle TN 37020 10183766 0 X www.thewebbschool.com X 1921 TN Education Grades 6-12 22 22 126 0 31053 -16858 1111457 612780 6112948 6838800 1062334 293766 127255 89485 8413994 7834831 1090936 1275447 0 4048118 4215510 54672 0 461309 2712082 2867874 7905808 8358831 508186 -524000 30294028 31434809 2945612 2588018 27348416 28846791 EDUCATION; GRADES 6-12 0 0 6119986 1275447 6891134 Educational Activities: Teachers Salaries & benefits, Supplies, Library books & periodicalS, continuing education of staff, student activities, financial aid, food service and physical education & athletics FOR 300 STUDENTS 6119986 1 1 0 0 0 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 47 0 126 1 1 1 0 0 0 0 0 0 0 0 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 1 0 X Joe Iorio 9313899322 319 HWY 82 BELL BUCKLE TN 370200488 george pINE III 2.00 X X 0 0 0 CHARLES ALEXANDER X 0 0 0 S NORFLEET ANTHONY JR X 0 0 0 KEITH BARTON X 0 0 0 ann bowers X 0 0 0 JAMES BERRY X 0 0 0 LEWIS BRANSCOMB X 0 0 0 HUGH BYRD X 0 0 0 william h cammack X 0 0 0 Lee woosley X 0 0 0 drew carrington X 0 0 0 ED DAVIES X 0 0 0 ALBERT DULING III X 0 0 0 HUGH ELDREDGE X 0 0 0 R WALTER HALE III X 0 0 0 GEORGE HUDDLESTON SR X 0 0 0 JENNY HUNT X 0 0 0 steven graham X 0 0 0 THOMAS LISENBY X 0 0 0 joy hord X 0 0 0 JAMES MCDONNELL X 0 0 0 paul jennings X 0 0 0 JAMES MEADOWS X 0 0 0 JOSEPH MOONEY X 0 0 0 J GARNER MOORE III X 0 0 0 MARY MOSS X 0 0 0 SMITH MURPHEY IV X 0 0 0 matthias murfree X 0 0 0 WAYNE ROGERS JR X 0 0 0 john sawyer X 0 0 0 WILSON SIMS SR X 0 0 0 FRED SINGER X 0 0 0 FRANK SMITH JR X 0 0 0 CHARLES STEPHENS X 0 0 0 R BLAIR STEPHENS X 0 0 0 E W STEPHENSON JR X 0 0 0 PAUL STUMB III X 0 0 0 ADRIENNE UNDERHILL X 0 0 0 RUSKIN VEST JR X 0 0 0 phILLIP COOP 3.00 X X 0 0 0 gordon BONDURANT 45.00 X 62500 0 3240 JOE IORIO 45.00 X X 113545 0 8430 ALBERT CAUZ X 129279 0 22649 305324 0 34319 2 1 1 0 0 612780 612780 tuiTION AND FEES 611600 6838800 6838800 6838800 167777 167777 6098 6098 31053 31053 31053 31053 2470848 2344859 125989 125989 125989 25500 4076 21424 21424 misCELLANEOUS INCOME 611600 30910 30910 30910 7834831 6891134 31053 299864 1275447 1275447 325386 325386 3138484 2222245 657453 258786 151099 104334 36592 10173 359576 286926 44778 27872 240965 150222 71206 19537 22061 22061 19625 19625 73516 73516 17500 17500 60697 60697 264966 121624 94293 49049 11311 11311 550684 473854 53022 23808 188790 91497 65251 32042 52326 43477 8849 647241 551786 88055 7400 95088 81072 12932 1084 FOOD for cafeteria 394535 394535 MISCELLANEOUS 104487 12483 69295 22709 BAD DEBTS 103610 103610 STUDENT ACTIVITIES 93301 93301 STUDENT SPORTS 50971 50971 117165 51291 65874 8358831 6119986 1777536 461309 523250 216332 181036 191663 173610 219864 49717 80723 112203 106451 19401693 10507766 8656632 8893927 13183484 13516747 7414096 8209102 30294028 31434809 806801 690757 399969 455635 1165623 1062708 512813 232320 60406 146598 2945612 2588018 X 10357976 11359163 5557610 5940209 11432830 11547419 27348416 28846791 30294028 31434809 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20617075 105023 2308230 210774 1093706 21725848 24013463 184436 -2280969 204001 1095854 20617075 0.20000 0.80000 1 0 76884 76884 16169383 7661889 8507494 2763144 2489482 273662 392282 356395 35887 8893927 CHAMBLISS UNITRUST 154742 F Investment fund- money market 522402 F interest receivable 46 F Limited partnerships 7531912 F 8209102 Deposits and other liabilities 146598 146598 7834831 8358831 -524000 2081882 -59507 2022375 1498375 8558013 2081882 4076 2085958 6472055 73516 1289260 1362776 7834831 7000131 4076 4076 6996055 73516 1289260 1362776 8358831 Part V, Line 4: Description of Intended Use of Endowment Funds: the schools endowment fund is used to help support the operations of the school. it is subject to a policy whereby the annual withdrawal from the fund is capped at 5%. Part XI, Line 8 - Other Adjustments: change in value of split interest agreements: 10627. change in value of interest rate swap: -70134. Part XII, Line 2d - Other Adjustments: Cost of goods sold: 4076. Part XII, Line 4b - Other Adjustments: STUDENT AID/SCHOLARSHIPS: 1275447. food for summer camps: 13813. Part XIII, Line 2d - Other Adjustments: Cost of Goods sold: 4076. Part XIII, Line 4b - Other Adjustments: STUDENT AID/SCHOLARSHIPS: 1275447. food for summer camps: 13813. 1 1 1 the school publishes the nondiscrimination policy in the local newspaper in the fall each year and in the school publications 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 financial aid to students attending webb school 134 1275447 student financial aid Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: the school is committed to providing financial aid to students who would otherwise be unable to attend the school. the completion of the financial aid application does not have any bearing upon whether the student is admitted to the school. the school determines a family's contribution based upon the evaluation completed by the school and student service for financial aid, an unaffiliated entity in new jersey who performs similar services for other schools throughout the country. financial aid forms must be completed each year by the student and monitored by the school to reevaluate the amount of the financial aid. X X 0 1 X X X X 0 0 0 0 0 0 0 1 0 ALBERT CAUZ 95875 0 24437 0 8967 0 5917 0 16732 0 151928 0 0 0 Part I, Line 1a webb school provides a residence on campus for its headmaster. it is a condition of employment and since webb is a boarding school, it is deemed necessary for the headmaster to remain on campus to help oversee student activities. the school provides a discretionary spending account of up to $5,000 for the headmaster. during the current year $2,556 was spent from this account. Part I, Line 1b as explained above the use of a residence on campus by the headmaster is required as a condition of employment. this arrangement is approved by the board of directors. Part I, Line 7 the headmaster received a discretionary bonus approved by the board of directors. Form 990, Part VI, Section B, line 11 a copy of the form 990 was emailed to the board of directors prior to filing. Form 990, Part VI, Section B, line 15 the school reviews nais data and form 990s of other similiar schools when it determines compensation for key employees and top school officials which is approved by the executive committee of the governing board. Form 990, Part VI, Section C, line 19 governing documents, conflict of interest policy, and financial statements are not made available to the general public.