2023-05-10T14:48:15-05:00 2022-06-30 621657946 CANNON WRIGHT BLOUNT PLLC 756 RIDGE LAKE BLVD SUITE 100 MEMPHIS TN 38120 990 2021-07-01 943487601 READ FOUNDATION READ 9013677814 4450 S MENDENHALL RD MEMPHIS TN 38141 SAMUEL BEYHAN EXECUTIVE DIRECTOR 9013677814 2023-05-10 1 SAMUEL BEYHAN 999009999 STEPHANIE L LIVINGSTON CPA P00235829 9016857500 2023-05-10 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z MEMPHIS SCHOOL OF EXCELLENCE SAMUEL BEYHAN 4450 S MENDENHALL RD MEMPHIS TN 38141 16018216 0 X WWW.SEMEMPHIS.ORG X 2009 TN TO PROVIDE A SAFE AND COLLABORATIVE ENVIRONMENT WHICH WILL CULTIVATE THE ACADEMIC AND SOCIAL DEVELOPMENT OF ITS STUDENTS BY EMPHASIZING MATH, SCIENCE, AND TECHNOLOGY FOR THE PURPOSE OF STUDENTS SETTING AND MEETING HIGHER EDUCATION GOALS. 6 6 194 150 0 0 2878130 2043530 10682874 13862913 50841 111773 0 0 13611845 16018216 0 0 0 0 6906856 8461846 0 0 0 4254308 5650589 11161164 14112435 2450681 1905781 15946000 29882886 7961946 20084832 7984054 9798054 X THE MISSION OF MEMPHIS SCHOOL OF EXCELLENCE IS TO PROVIDE A SAFE AND COLLABORATIVE ENVIRONMENT WHICH WILL CULTIVATE THE ACADEMIC AND SOCIAL DEVELOPMENT OF ITS STUDENTS BY EMPHASIZING MATH, SCIENCE, AND TECHNOLOGY FOR THE PURPOSE OF STUDENTS SETTING AND MEETING HIGHER EDUCATION GOALS. 0 0 10515757 13862913 A PUBLIC CHARTER SCHOOL PROVIDING EDUCATIONAL OPPORTUNITIES TO THE SURROUNDING COMMUNITY. 10515757 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 1 194 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X WHITEHORN TANKERSLEY & DAVIS PLLC 9017675080 670 OAKLEAF OFFICE LN MEMPHIS TN 38117 SAMUEL BEYHAN EXEC DIRECTOR-INCOMING 40.00 X 107668 0 14661 MUHAMMET TURKAY EXEC DIRECTOR-OUTGOING 40.00 X 69668 0 10052 DR CEM AKKUS BOARD MEMBER 2.00 X 0 0 0 DR DAVID C AKDEMIR BOARD MEMBER 2.00 X 0 0 0 DR RICHARD E POTTS PRESIDENT 2.00 X X 0 0 0 VEDA V T CHERRY VICE-PRESIDENT 2.00 X X 0 0 0 DR ISMAIL FIDAN SECRETARY 2.00 X X 0 0 0 PATTY FARMER TREASURER 2.00 X X 0 0 0 177336 0 24713 1 0 0 0 AMP INDUSTRIAL VENTURE P O BOX 27026 NEWARK NJ 71011 RENT 844532 HORIZON OF MEMPHIS P O BOX 180 BRUNSWICK TN 38104 JANITORIAL SERVICES 608376 DURHAM SCHOOL SERVICES P O BOX 841879 DALLAS TX 752841879 STUDENT TRANSPORTATION 311176 CDW GOVERNMENT 75 REMITTANCE DRIVE SUITE 1515 CHICAGO IL 60675 PURCHASED ELECTRONIC ITEMS 169736 HERTZ FURNITURE 170 WILLIAMS DRIVE STE 201 RAMSEY NJ 07446 FURNITURE PROVIDER 165251 5 2043030 500 2043530 PER PUPIL ALLOCATION REVENUE 611600 13822639 13822639 LOCAL REVENUE 611600 40274 40274 13862913 111773 0 111773 111773 111773 16018216 13862913 0 111773 116180 104562 11618 7114599 5586758 1527841 630438 445607 184831 600629 477785 122844 19305 19305 43900 43900 30665 30665 925353 925353 2017084 1936401 80683 355567 355567 442121 442121 1085278 1041867 43411 SUPPLIES 392298 286356 105942 INSTRUCTIONAL & STUDENT 280854 280854 STAFF DEVELOPMENT 31206 31206 DUES & MEMBERSHIPS 26958 26958 14112435 10515757 3596678 0 4176846 4062057 337563 650514 84876 72266 13777582 3323883 10267455 10453699 9711175 1079260 4933175 15946000 29882886 1082660 1276079 6596865 6318501 282421 12490252 7961946 20084832 X 7460389 9134379 523665 663675 7984054 9798054 15946000 29882886 1905781 -91781 0 X X 0 1 X 1 0 X 1544600 1544600 7506636 544993 6961643 3054282 2113908 940374 1379881 664982 714899 292183 292183 10453699 DEFERRED OUTFLOWS RELATED TO PENSION 1926432 NET PENSION ASSET 3006743 4933175 DEFERRED INFLOWS RELATED TO PENSION 2597928 LEASE LIABILITY 9892324 12490252 16018216 0 16018216 0 16018216 14112435 0 14112435 0 14112435 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 4 THE SCHOOL IS A PUBLIC CHARTER SCHOOL. SCHOLARSHIPS ARE NOT OFFERED. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED FINANCIAL AID FROM THE FEDERAL GOVERNMENT AND THE STATE OF TENNESSEE THROUGH THE FOLLOWING AWARDS: TITLE 1, ESSER, SCS PER PUPIL ALLOCATIONS, AND CAPITAL OUTLAY. A THE HEALTH EDUCATIONAL AND HOUSING FACILITY BOARD OF THE CO OF SHELBY TN 521283414 2020-02-05 6885000 TO FINANCE THE PURCHASE OF LAND AND CONSTRUCTION OF A CHARTER SCHOOL. 0 0 0 A 6885000 83087 0 1 1 1 A 0 0 0 1 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS FORM 990 FOR APPROVAL BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY BOARD MEMBERS, KEY EMPLOYEES AND STAFF ON A REGULAR BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE COMPENSATION OF THE KEY EMPLOYEES IS DETERMINED BY USING SHELBY COUNTY SCHOOLS(SCS) PAY SCALE FOR ITS EMPLOYEES. EXECUTIVE DIRECTOR AND PRINCIPAL SALARIES ARE DETERMINED BASED ON SCS PAY SCALE. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AS WELL AS UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.