2022-05-16T15:14:17-05:00 2021-06-30 620428728 REYNOLDS BONE & GRIESBECK PLC 5100 WHEELIS DRIVE SUITE 300 MEMPHIS TN 381174568 990 2020-07-01 620540400 THE HUTCHISON SCHOOL HUTC 9017612220 1740 RIDGEWAY ROAD MEMPHIS TN 38119 MELISSA BAKER CHIEF FINANCIAL OFFICER 9017612220 2022-05-16 1 MELISSA BAKER 999009999 KELLY S CROW P01519168 9016822431 2022-05-16 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MELISSA BAKER 1740 RIDGEWAY ROAD MEMPHIS TN 38119 24546830 0 X WWW.HUTCHISONSCHOOL.ORG X 1964 TN SEE SCHEDULE O 25 24 240 31 7535 0 1253566 3899097 19856126 18917250 923918 1057436 112872 148089 22146482 24021872 1589861 1713913 0 0 14336161 13792203 0 0 602830 6900710 6037646 22826732 21543762 -680250 2478110 45607836 51078822 23824377 22030156 21783459 29048666 HUTCHISON SCHOOL IS AN INDEPENDENT, COLLEGE PREPATORY SCHOOL FOR GIRLS. THE SCHOOL IS DEDICATED TO PROVIDING ACADEMIC EXCELLENCE AND PARALLEL DEVELOPMENT OF MIND, BODY, AND SPIRIT AS IT EDUCATES YOUNG WOMEN FOR LIVES OF INTEGRITY AND RESPONSIBLE CITIZENSHIP. 0 0 18975575 1713913 19018985 THE HUTCHISON SCHOOL PROVIDES PRE-KINDERGARTEN AND KINDERGARTEN CLASSES AS WELL AS CLASSES FOR GRADES 1 - 12. 18975575 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 76 0 1 240 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 TN X X MELISSA BAKER 9017612220 1740 RIDGEWAY ROAD MEMPHIS TN 38119 MEGAN WELLFORD GRINDER CHAIRMAN 2.00 X X 0 0 0 WILLIAM W DEUPREE III VICE CHAIRMAN 2.00 X X 0 0 0 WILLIAM TAYLOE TREASURER 2.00 X X 0 0 0 EDWARD J DOBBS SECRETARY 2.00 X X 0 0 0 EMILY BRYCE BOWIE TRUSTEE 1.00 X 0 0 0 JENNY CARTER TRUSTEE 1.00 X 0 0 0 ALLISON CATES TRUSTEE 1.00 X 0 0 0 ERICA COOPWOOD TRUSTEE 1.00 X 0 0 0 MELLISSA CONRAD GRIMES TRUSTEE 1.00 X 0 0 0 ANNE ORGILL KEENEY TRUSTEE 1.00 X 0 0 0 KIM CRAIN LOWRANCE TRUSTEE 1.00 X 0 0 0 RAGAN MAGNESS TRUSTEE 1.00 X 0 0 0 ANDREW R MCCARROLL TRUSTEE 1.00 X 0 0 0 MICHELLE NELSON MILLER TRUSTEE 1.00 X 0 0 0 RICHARD C MOORE JR TRUSTEE 1.00 X 0 0 0 AMY R POAG TRUSTEE 1.00 X 0 0 0 JEANNIE TABOR TRUSTEE 1.00 X 0 0 0 SEQUOIA TAYLOR TRUSTEE 1.00 X 0 0 0 SANFORD C THOMAS TRUSTEE 1.00 X 0 0 0 MUFFY TURLEY TRUSTEE 1.00 X 0 0 0 TODD WATSON TRUSTEE 1.00 X 0 0 0 CRAIG WEISS TRUSTEE 1.00 X 0 0 0 MCLEAN WILSON TRUSTEE 1.00 X 0 0 0 PAUL YOUNG TRUSTEE 1.00 X 0 0 0 KRISTEN D RING HEAD OF SCHOOL, TRUSTEE 40.00 X X 308276 0 62019 MELISSA BAKER CHIEF FINANCIAL OFFICER 40.00 X 43474 0 8159 ADRIENNE FORGETTE HEAD OF UPPER SCHOOL 40.00 X 110905 0 73915 BETH CORLEY DEVELOPMENT DIRECTOR 40.00 X 110783 0 40399 ANGELA SMITH BUSINESS MANAGER 40.00 X 108620 0 14738 SUSAN STEINKAMP OPERATIONS DIRECTOR 40.00 X 108241 0 14567 CATHERINE CHUBB ATHLETIC DIRECTOR 40.00 X 101850 0 58092 892149 0 271889 13 0 1 0 SAGE DINING SERVICES INC 1402 YORK ROAD LUTHERVILLE MD 21093 FOOD SERVICES 273905 AIR TECHNICAL SERVICES INC 3161 STAGE POST DRIVE BARTLETT TN 38133 HVAC SERVICES 170781 MICHAEL HATCHER & ASSOCIATES INC 8365 CENTER HILL RD OLIVE BRANCH MS 38654 FARM SERVICES 132032 EAST MEMPHIS LAWN & LANDSCAPE 10250 LATTING ROAD CORDOVA TN 38016 LANDSCAPING 104654 4 2306800 1592297 13005 3899097 STUDENT TUITION 611110 18586482 18586482 SUPPORT SERVICES 611110 258869 258869 SUMMER CAMP 611110 71899 71899 18917250 402761 402761 13200 0 13200 13200 13200 759950 105275 654675 654675 654675 502345 419683 82662 75127 7535 ADMINISTRATIVE - OTHER SOURCES 611110 26608 26608 INSURANCE INCOME 900099 25619 25619 52227 24021872 19018985 7535 1096255 X 1713913 1713913 457529 457529 11051854 10004566 661759 385529 2282820 2007850 165128 109842 15000 15000 309238 309238 1223878 1208543 10513 4822 437699 437699 1836359 1820267 15835 257 GENERAL INSTITUTIONAL 708411 286189 326846 95376 STUDENT SERVICES 542591 539082 3509 DINING SERVICES 387233 387233 INSTRUCTION 344844 344844 232393 225389 7004 21543762 18975575 1965357 602830 1800 1800 4070627 4969074 1107803 622036 240340 348996 0 200387 320955 70178 53986789 33408188 22208080 20578601 17029568 23641565 628663 646185 45607836 51078822 1067226 932953 5768188 7158826 14618148 13820000 2306800 0 64015 118377 23824377 22030156 X 16196452 23344316 5587007 5704350 21783459 29048666 45607836 51078822 2478110 4787097 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21209557 431960 5762954 76360 341310 25000 26961801 22745653 467707 -316136 76250 1611900 -483 21209557 23169212 1708630 669770 64200 2733950 3809 22745653 21567563 1371901 1185549 60000 902943 -7142 23169212 20537577 953185 1827210 54300 1697980 -1871 21567563 0.79390 0.06800 0.13810 0 0 239559 239559 45362320 25688708 19673612 8384910 7719480 665430 0 20578601 JUNIOR CLASSICAL LEAGUE 247 MS STUDENT COUNCIL 587 US STUDENT COUNCIL 19849 LS SUNSHINE FUND 79 MS SUNSHINE FUND 279 ATHLETICS SPECIAL EVENTS 82236 US SUNSHINE FUND 360 SOCCER DISCRETIONARY FUND 262 CLASS OF 2020 7439 CLASS OF 2021 39 TRUST 7000 118377 X 27499739 4787097 -1728913 3058184 24441555 -419683 -419683 24021872 20234532 419683 419683 19814849 1728913 1728913 21543762 PART V, LINE 4: OPERATING SUPPORT, FINANCIAL ASSISTANCE, AND CAPITAL EXPENDITURES. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS RULED THAT THE SCHOOL QUALIFIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, NOT SUBJECT TO FEDERAL INCOME TAX UNDER PRESENT INCOME TAX LAWS. THE SCHOOL IS ALSO EXEMPT FROM STATE INCOME TAX UNDER TENNESSEE STATUTE 67-4-806(A). IN ACCORDANCE WITH U.S. GAAP, IF APPLICABLE, THE SCHOOL RECOGNIZES INTEREST EXPENSE AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSE. NO AMOUNTS HAVE BEEN RECOGNIZED IN OPERATING EXPENSES FOR THE YEAR ENDING JUNE 30, 2021 AND 2020. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID NETTED WITH STUDENT TUITION -1,713,913. INVESTMENT MANAGEMENT FEES -15,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: BUZZ SHOP COST OF SALES -419,683. PART XII, LINE 2D - OTHER ADJUSTMENTS: BUZZ SHOP COST OF SALES 419,683. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID NETTED WITH STUDENT TUITION 1,713,913. INVESTMENT MANAGEMENT FEES 15,000. 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 STATES ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL NEWSPAPER ADVERTISEMENTS THAT SOLICIT STUDENT REGISTRATION AND IN ALL BROCHURES AND PUBLICATIONS. 1 FINANCIAL ASSISTANCE 190 1713913 X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 KRISTEN D RING HEAD OF SCHOOL, TRUSTEE 273276 0 35000 0 0 0 20312 0 41707 0 370295 0 0 0 ADRIENNE FORGETTE HEAD OF UPPER SCHOOL 110905 0 0 0 0 0 8688 0 65227 0 184820 0 0 0 BETH CORLEY DEVELOPMENT DIRECTOR 110783 0 0 0 0 0 8828 0 31571 0 151182 0 0 0 CATHERINE CHUBB ATHLETIC DIRECTOR 101850 0 0 0 0 0 7780 0 50312 0 159942 0 0 0 A HEALTH EDUCATIONAL AND HOUSING FACILITY BOARD OF THE COUNTY OF SHELBY TN 521283414 2012-10-03 3500000 CAPITAL EXPENDITURES 0 0 0 B HEALTH EDUCATIONAL AND HOUSING FACILITY BOARD OF THE COUNTY OF SHELBY TN 521283414 2012-10-03 14420000 CAPITAL EXPENDITURES 0 0 0 A 3500000 3500000 72873 0 0 1 1 B 14420000 48580 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 B 0 0 0 0 1 0 0 0 0 A 0 B 0 123336 TUITION REMISSION DISCOUNTED TUITION FOR INTERESTED PERSONS AND THEIR FAMILIES FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: HUTCHISON SCHOOL (THE SCHOOL) IS AN INDEPENDENT, COLLEGE PREPARATORY SCHOOL FOR GIRLS IN GRADES PRE-KINDERGARTEN THROUGH TWELVE. THE PURPOSE OF THE SCHOOL IS TO PROVIDE ACADEMIC EXCELLENCE AND THE PARALLEL DEVELOPMENT OF MIND, BODY, AND SPIRIT AS IT EDUCATES YOUNG WOMEN FOR LIVES OF INTEGRITY AND RESPONSIBLE CITIZENSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER AND HEAD OF SCHOOL REVIEW THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C AS OUTLINED IN THE BY-LAWS, POTENTIAL CONFLICTS OF INTEREST REQUIRE IMMEDIATE DISCLOSURE AND REVIEW BY THE BOARD OF TRUSTEES. AN ANNUAL DISCLOSURE STATEMENT IS REQUIRED TO BE SUBMITTED TO THE HEAD OF SCHOOL AND THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD USES COMPARABILITY DATA AND DELIBERATION/DECISION SUBSTANTIATION OF ACCOMPLISHMENTS, ETC. TO DETERMINE COMPENSATION. INDEPENDENT COMPENSATION CONSULTANTS ARE USED PERIODICALLY TO REVIEW/ADVISE ON COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E STUDENT ACTIVITIES: PROGRAM SERVICE EXPENSES 225,389. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 225,389. CAPITAL CAMPAIGN: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 7,004. TOTAL EXPENSES 7,004. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT.