2023-05-15T15:53:55-05:00 2022-06-30 275360847 CROSSLIN PLLC 3803 BEDFORD AVENUE SUITE 103 NASHVILLE TN 37215 990 2021-07-01 620513741 MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE MONT 6152985514 4001 HARDING ROAD NASHVILLE TN 37205 VICKI MATTHEWS CHIEF FINANCIAL OFFICERR 6152985514 2023-05-15 1 VICKI MATTHEWS 999009999 RODNEY C BROWER P00168898 6153205500 2023-05-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z VICKI MATTHEWS 4001 HARDING ROAD NASHVILLE TN 37205 37433501 0 X WWW.MONTGOMERYBELL.EDU X 1806 TN OPERATION OF BOYS SCHOOL GRADES 7-12. 51 51 113 0 0 94463 14466060 8414287 27139429 28876476 -241735 -271338 303381 -190103 41667135 36829322 3294000 3226093 0 0 12311380 17926942 0 0 2525156 20650474 18509614 36255854 39662649 5411281 -2833327 303405415 323068469 16302394 44660882 287103021 278407587 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 30734364 3226093 28320193 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. 1726188 843450 ATHLETICS PROGRAM- GRADES 7-12 STUDENTS PARTICIPATE IN INTERMURAL AND INTERSCHOLASTIC SPORTS INCLUDING BASEBALL, BASKETBALL, FOOTBALL, SOCCER, GOLF, TRACK, SWIMMING, AND WRESTLING. 32460552 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 128 0 113 0 1 1 0 0 0 0 0 0 0 0 0 X 51 51 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 1 0 TN X X X ROBERT YAKUSHI 6153695306 4001 HARDING ROAD NASHVILLE TN 37205 ADMIRAL J WILSON PRUEHER TRUSTEE 1.00 X 0 0 0 WILLIAM H HAWKINS TRUSTEE 1.00 X 0 0 0 H LEE BARFIELD II TRUSTEE 1.00 X 0 0 0 ALLEN P MCDANIEL TRUSTEE 1.00 X 0 0 0 DUDLEY W WARNER II TRUSTEE 1.00 X 0 0 0 BOB BRANNON TRUSTEE 1.00 X 0 0 0 CHRISTOPHER C WHITSON TRUSTEE 1.00 X 0 0 0 CLAY T JACKSON SECRETARY 1.00 X 0 0 0 DAVID B INGRAM CHAIRMAN 1.00 X 0 0 0 WILLIAM W HASTINGS TRUSTEE 1.00 X 0 0 0 DAVID G MCCLELLAN TRUSTEE 1.00 X 0 0 0 CARTER PAINE TRUSTEE 1.00 X 0 0 0 BEN D S GAMBILL III TRUSTEE 1.00 X 0 0 0 ED POWELL JR TRUSTEE 1.00 X 0 0 0 EDDIE GEORGE TRUSTEE 1.00 X 0 0 0 DR CARL C AWH TRUSTEE 1.00 X 0 0 0 BYRON W SMITH TRUSTEE 1.00 X 0 0 0 J BARRY BANKER TRUSTEE 1.00 X 0 0 0 BLAIR J WILSON TRUSTEE 1.00 X 0 0 0 BILL M WILSON TRUSTEE 1.00 X 0 0 0 BILL CARPENTER III TRUSTEE 1.00 X 0 0 0 BETH HARWELL TRUSTEE 1.00 X 0 0 0 BENJAMIN D S GAMBILL III TRUSTEE 1.00 X 0 0 0 BEN S GAMBILL JR TRUSTEE 1.00 X 0 0 0 BEN MAY TRUSTEE 1.00 X 0 0 0 JAMES L FLAUTT TRUSTEE 1.00 X 0 0 0 ANDREA CARLTON TRUSTEE 1.00 X 0 0 0 JIM CHEEK III VICE CHAIR 1.00 X X 0 0 0 R WALTER HALE III TRUSTEE 1.00 X 0 0 0 JIM CHANDLER JR TRUSTEE 1.00 X 0 0 0 J HANLEY SAYERS JR TRUSTEE 1.00 X 0 0 0 P RHOADS ZIMMERMAN TRUSTEE 1.00 X 0 0 0 W RIDLEY WILLS II HISTORIAN 1.00 X X 0 0 0 VARINA FRAZER BUNTIN TRUSTEE 1.00 X 0 0 0 TOM CURTIS TREASURER 1.00 X X 0 0 0 TIM W DOWNEY TRUSTEE 1.00 X 0 0 0 JIMMY PICKEL JR TRUSTEE 1.00 X 0 0 0 RYAN TYRRELL TRUSTEE 1.00 X 0 0 0 ROCK A MORPHIS TRUSTEE 1.00 X 0 0 0 RICHARD FITZGERALD TRUSTEE 1.00 X 0 0 0 STEVE RIVEN TRUSTEE 1.00 X 0 0 0 PETE DELAY TRUSTEE 1.00 X 0 0 0 LUCY DAVIS HAYNES TRUSTEE 1.00 X 0 0 0 PAM R KOBAN TRUSTEE 1.00 X 0 0 0 JOHN T ROCHFORD TRUSTEE 1.00 X 0 0 0 JOHN W EAKIN JR TRUSTEE 1.00 X 0 0 0 LEE F NOEL TRUSTEE 1.00 X 0 0 0 JOHN R INGRAM TRUSTEE 1.00 X 0 0 0 MARC K STENGEL TRUSTEE 1.00 X 0 0 0 MARTIN S BROWN JR TRUSTEE 1.00 X 0 0 0 JAKE WALLACE TRUSTEE 1.00 X 0 0 0 NATHAN STEAKLEY TRUSTEE 1.00 X 0 0 0 VIRGINIA MADDUX DIRECTOR OF COLLEGE COUNSE 40.00 X 0 0 0 ROBERT SAWYER DEAN OF HIGH SCHOOL 40.00 X 0 0 0 ROBERT YAKUSHI DIRECTOR OF FINANCE 40.00 X 179039 0 0 BRADFORD GIOIA HEADMASTER 50.00 X 585958 0 24200 FRANCES STEWART DIRECTOR OF JUNIOR SCHOOL 40.00 X 146016 0 21299 MARK TIPPS DIRECTOR OF ATHLETICS 40.00 X 179039 0 25543 TIM S BOYD ACADEMIC DEAN 40.00 X 163194 0 8205 JOSEPH W JOHNSON DIRECTOR OF ALUMNI AND DEV 40.00 X 186553 0 17231 GREGORY C FERRELL DIR OF ADMISSIONS & FINANC 40.00 X 145215 0 16093 1585014 0 112571 7 0 1 0 BRASFIELD & GORRIE 1201 DEMONBREUN ST SUITE 200 NASHVILLE TN 37203 GENERAL CONTRACTOR 3162514 SAGE DINING SERVICES INC 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 FOOD SERVICE 1885826 SCHOOL FACILITY MANAGEMENT 800 18TH AVE S STE A NASHVILLE TN 37203 MAINTENANCE 683542 TRUST BUILDING SERVICES 3817 WEST END AVE NASHVILLE TN 37205 CONSTRUCTION 515618 HASTINGS ARCHITECTURE ASSOC LLC 127 THIRD AVE SOUTH NASHVILLE TN 37201 ARCHITECTURE 338046 5 8414287 8414287 TUITION AND FEES 611710 26196118 26196118 FOOD SERVICE 611710 1106042 1106042 ATHLETICS 611710 843450 843450 OTHER 611710 456338 456338 BOOKSTORE INCOME 611710 274528 274528 28876476 180035 180035 439973 152806 287167 287167 287167 451373 -451373 -451373 -451373 LOSS ON INVOLUNTARY CONVERSION 611710 -477270 -477270 -477270 36829322 29163643 0 -748608 3226093 3226093 1585018 1285493 165150 134375 16341924 13239254 1788833 1313837 551424 344837 206587 557143 67351 41067 448725 4466241 3349681 893248 223312 274467 198834 25330 50303 7092076 5319057 1418415 354604 AUXILIARY PROGRAMS 1726188 1726188 RESTRICTED PROGRAMS 1479701 1479701 FOOD SERVICE 1135231 1135231 INSTRUCTIONAL & ADMIN S 940086 809275 130811 287057 279557 7500 39662649 32460552 4676941 2525156 1664 600 75265537 96887259 4872943 3369426 222001 166583 313024 479570 231568258 57816279 179033876 173751979 14951781 14312400 28619694 33969382 124895 131270 303405415 323068469 2085339 1697509 13467055 17306595 750000 25656778 16302394 44660882 X 206847882 200968255 80255139 77439332 287103021 278407587 303405415 323068469 -2833327 -5856857 -5250 0 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 94861371 94861371 76260364 3313102 18376532 3088627 94861371 75481256 2673646 1285330 3179868 76260364 72746039 2784810 3119414 3169007 75481256 68964542 1670858 5418973 3308334 72746039 0 0 20539317 20539317 191164114 45425352 145738762 7263570 5775109 1488461 12601257 6615818 5985439 173751979 LIMITED PARTNERSHIP INVESTMENTS 33969382 F 33969382 X 30957187 -5856858 -5856858 36814045 15277 15277 36829322 39662649 0 39662649 0 39662649 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER 501(A) OF THE INTERNAL REVENUE CODE ("IRC") AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3). ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE LIKELY THAN NOT THRESHOLD THAT THE RECOGNITION OF THE TAX POSITIONS WOULD BE SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERAIN TAX POSITIONS. TAX POSITIONS FOR THE SCHOOL INCLUDE, BUT ARE NOT LIMITED TO, THE TAX-EXEMPT STATUS AND DETERMINATION OF WHETHER CERTAIN INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX; HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. 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 PUBLISHES ITS RACIAL NONDISCRIMINATION POLICY IN LOCAL NEWSPAPERS IN THE FALL OF EACH YEAR AND DURING OPEN HOUSE AND ADMISSIONS. IT ALSO PULICIZES ITS NONDISCRIMINATION POLICY IN THE SCHOOL VIEWBOOK AND STUDENT APPLICATION FORMS. 1 FINANCIAL AID 151 2512150 FAIR MARKET VALUE NONCASH REDUCTION OF STUDENT TUITION PART I, LINE 2: STUDENTS' TUITION IS DIRECTLY REDUCED BY SCHOLARSHIP GRANTED. PART III, LINE 1 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 HEADMASTER 585958 0 0 0 0 0 26000 0 0 0 611958 0 0 0 MARK TIPPS DIRECTOR OF ATHLETICS 179039 0 0 0 0 0 23400 0 0 0 202439 0 0 0 JOSEPH W JOHNSON DIRECTOR OF ALUMNI AND DEV 186553 0 0 0 0 0 5820 0 0 0 192373 0 0 0 TIM S BOYD ACADEMIC DEAN 163194 0 0 0 0 0 19092 0 0 0 182286 0 0 0 ROBERT YAKUSHI DIRECTOR OF FINANCE 179039 0 0 0 0 0 0 0 0 0 179039 0 0 0 GREGORY C FERRELL DIR OF ADMISSIONS & FINANC 145215 0 0 0 0 0 24610 0 0 0 169825 0 0 0 FRANCES STEWART DIRECTOR OF JUNIOR SCHOOL 146016 0 0 0 0 0 6280 0 0 0 152296 0 0 0 PART I, LINE 1A HOUSING IS PROVIDED TO 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. A EDUCATIONAL FACILITIES REVENUE BOARD 25000000 0 0 0 G THOMAS CURTIS TRUSTEE 5250 MR. CURTIS IS ALSO A FORMER PRINCIPLE OF DIVERSIFIED TRUST, WHICH HOLDS INVESTMENT ACCOUNTS FOR THE SCHOOL. AMOUNT REPORTED REPRESENTS INVESTMENT MANAGEMENT FEES. 0 DAVID INGRAM CHAIRMAN OF THE BOARD 13565565 MR. INGRAM IS ALSO ON THE BOARD OF PINNACLE BANK, WHICH HOLDS DEPOSITORY ACCOUNTS FOR THE SCHOOL. AMOUNT REPORTED INCLUDES ALL DEPOSITS MADE TO PINNACLE BANK DURING THE YEAR. 0 LEE BEAMAN TRUSTEE 19673 LEASE OF PROPERTY AT 401 S. WILSON BOULEVARD, NASHVILLE TN. AMOUNT REPORTED REPRESENTS LEASE PAYMENTS. 0 X 1 1500 FAIR MARKET VALUE X DONATION PORTION OF REPAIRS 2 621924 FAIR MARKET VALUE X SUPPLIES & MATERIALS 35 17519 FAIR MARKET VALUE X EVENT TICKETS & EXPENSES 10 16344 FAIR MARKET VALUE X FOOD & SNACK 32 3356 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B CERTAIN EMPLOYEES OF THE SCHOOL, INCLUDING THE DIRECTOR OF FINANCE, REVIEWS FORM 990 PRIOR TO FILING TO VERIFY ALL INFORMATION CONTAINED THERIN 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 19 SELECTED FINANCIAL INFORMATION AVAILABLE ON ORGANIZATION'S WEBSITE AND OTHER NONPROFIT WEBSITES. ALL REQUIRED INFORMATION AVAILABLE UPON REQUEST.