2022-02-04T14:51:01-06:00 2021-06-30 570381582 ELLIOTT DAVIS LLCPLLC 500 EAST MOREHEAD STREET SUITE 700 CHARLOTTE NC 28202 990 2020-07-01 620126365 BAYLOR SCHOOL BAYL 4232678505 171 BAYLOR SCHOOL ROAD CHATTANOOGA TN 37405 DALLAS JOSEPH JR VICE PRESIDENT/TREASURER 4232678505 2022-02-03 1 DALLAS JOSEPH JR 999009999 JANICE A RATICA P00358837 7043338881 2022-02-05 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z SCOTT WILSON 171 BAYLOR SCHOOL ROAD CHATTANOOGA TN 37405 88946918 0 X WWW.BAYLORSCHOOL.ORG X 1893 TN THE BAYLOR SCHOOL IS A CO-EDUCATIONAL DAY AND BOARDING COLLEGE PREPARATORY INSTITUTION. 27 27 449 500 117251 116251 6123851 5408630 33969189 39235422 3284889 2716813 110818 322306 43488747 47683171 7495569 7657351 0 0 20952421 21264137 30900 7498 1198215 15462902 18553899 43941792 47482885 -453045 200286 226381711 270105763 37993608 40349364 188388103 229756399 BAYLOR'S MISSION IS TO FOSTER IN ITS STUDENTS BOTH THE ABILITY AND THE DESIRE TO MAKE A POSITIVE DIFFERENCE IN THE WORLD. 0 0 35202736 7657351 33003331 THE BAYLOR SCHOOL EDUCATES STUDENTS IN GRADES 6-12; ENROLLMENT FOR THE 2020/2021 ACADEMIC YEAR WAS 1,036. BAYLOR FULFILLS IT'S MISSION BY PROVIDING: A RICH ACADEMIC PROGRAM; A SCHOOL ROOTED IN TRADITION YET, RECEPTIVE TO CHANGE; A WIDE VARIETY OF CO-CURRICULAR EXPERIENCES; AND A BALANCE OF EMPHASES ON ACTIVITIES WHICH ENCOURAGES STUDENT GROWTH. 4068711 6270073 WHEN THE COVID-19 PANDEMIC HIT NORTH AMERICA IN MARCH 2020, THE SCHOOL FOUND ITSELF IN A UNIQUE POSITION TO AID IN THE FIGHT AGAINST THE SPREAD OF THE DISEASE. THE SCHOOL'S RESEARCH LAB HAD EQUIPMENT ON HAND TO PERFORM COVID-19 TESTS. THE SCHOOL VOLUNTEERED THE LAB'S EQUIPMENT AND SERVICES TO HAMILTON COUNTY FOR EMERGENCY TESTING FROM MARCH TO JUNE 2020. DURING THIS TIME, THE SCHOOL PROCESSED OVER 14,000 TESTS FOR THE COUNTY, AT NO COST TO THE CITIZENS. WHEN THE CONTRACT PERIOD WITH THE COUNTY CEASED, ON JUNE 20, 2020, THE SCHOOL BEGAN PARTNERING WITH OTHER LOCAL NONPROFITS AND SMALL BUSINESSES TO PERFORM TESTS IN A MORE TIMELY MANNER THAN OTHER LABS PROVIDED. THESE OPERATIONS CEASED ON JUNE 30, 2021 AND THE SCHOOL HAS NO PLANS TO PURSUE SUCH SERVICES IN THE FUTURE. 39271447 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 1 83 0 449 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X DALLAS JOSEPH JR 4232678505 171 BAYLOR SCHOOL ROAD CHATTANOOGA TN 37405 SCOTT WILSON PRESIDENT/HEADMASTER 40.00 X 417402 0 31588 DALLAS W JOSEPH JR TREASURER & CFO 40.00 X 260136 0 58416 SHAW WILSON ASSISTANT HEADMASTER 40.00 X 170942 0 17368 MATT LEWIS CHIEF ADVANCEMENT OFFICER 40.00 X 165620 0 20287 JAMES KENNEDY DIR. OF ADMISSIONS AND ENR 40.00 X 158602 0 13395 JENNIFER LINDSAY HEAD OF MIDDLE SCHOOL 40.00 X 146333 0 15072 WILLIS MURDOCK III FINANCIAL AID DIRECTOR 40.00 X 133155 0 19298 JENNIFER COOKSTON CONTROLLER 40.00 X 129506 0 14017 ALEXIS G BOGO TRUSTEE 2.00 X 0 0 0 CHARLES S MAYFIELD III TRUSTEE 2.00 X 0 0 0 BENJAMIN L FISCHER TRUSTEE 2.00 X 0 0 0 MILES H MARKS SR TRUSTEE 2.00 X 0 0 0 ALBERT N MORGAN TRUSTEE 2.00 X 0 0 0 KELLY C NATION TRUSTEE 2.00 X 0 0 0 JOHN A STOUT TRUSTEE 2.00 X 0 0 0 LAUREN C TEMPLETON TRUSTEE 2.00 X 0 0 0 BENJAMIN P BROWN TRUSTEE 2.00 X 0 0 0 PAMELA L MCKENNEY TRUSTEE 2.00 X 0 0 0 JOHN G REID TRUSTEE 2.00 X 0 0 0 T SCOTT SMITH TRUSTEE 2.00 X 0 0 0 G MATTHEW BROCK DDS TRUSTEE 2.00 X 0 0 0 ALLISON EDGMON CROMIE TRUSTEE 2.00 X 0 0 0 JULIE W GARRETT TRUSTEE 2.00 X 0 0 0 RICHARD R HAYS TRUSTEE 2.00 X 0 0 0 M RYAN CRIMMINS BOARD CHAIRMAN 2.00 X X 0 0 0 CARTER LYNCH SECRETARY - (NONVOTING) 2.00 X 0 0 0 FREDERICK HARVERY HOWALT III TRUSTEE 2.00 X 0 0 0 JAMES C HUDSON TRUSTEE 2.00 X 0 0 0 WILLIAM R IRELAND TRUSTEE 2.00 X 0 0 0 DAVID L KNOX TRUSTEE 2.00 X 0 0 0 G H PATTEN PETTWAY JR TRUSTEE 2.00 X 0 0 0 SCOTT L PROBASCO III TRUSTEE 2.00 X 0 0 0 ALEXANDER GUERRY III TRUSTEE 2.00 X 0 0 0 DAVID Y SMITH TRUSTEE 2.00 X 0 0 0 JOHN FREDERICK AKERS TRUSTEE 2.00 X 0 0 0 G LEYDEN PUGH JR TRUSTEE 2.00 X 0 0 0 1581696 0 189441 21 0 1 0 MORGAN CONSTRUCTION CO PO BOX 4404 CHATTANOOGA TN 37405 CONSTRUCTION 1606542 SODEXO PO BOX 360170 PITTSBURG PA 152516170 FOOD SERVICE 1576228 MOUNTAIN CITY LANDSCAPE 4131 SOUTH CREEK ROAD CHATTANOOGA TN 37406 LANDSCAPING & CUSTODIAL 787319 LCG ASSOCIATES 400 GALLERIA PARKWAY STE 1800 ATLANTA GA 30339 INVESTMENT ADVISORY SERVICE 258150 WALDEN SECURITY PO BOX 88134 CHICAGO IL 60680 SECURITY SERVICES 221839 9 535629 4873001 148001 5408630 TUITION & FEES 611710 31403567 31403567 COVID LAB INCOME 611710 6270073 6270073 SUMMER PROGRAM 611710 617295 617295 INSTRUCTION & ATHLETICS 611710 368613 368613 STUDENT ACTIVITIES FEE 611710 356592 356592 219282 224320 -5038 39235422 637380 637380 5800 0 5800 5800 5800 42854144 39886599 888112 2967545 -888112 2079433 122289 1957144 613548 535629 329986 283562 283562 191994 159050 32944 32944 47683171 39273404 117251 2883886 X 7129684 7129684 527667 527667 926960 720119 164480 42361 16602969 12774293 3044565 784111 1413749 956827 400263 56659 1134661 819418 252226 63017 1185798 992302 137019 56477 364246 179793 184453 224632 12236 212396 64848 12500 52348 7498 7498 258150 258150 208334 186428 21906 292745 18783 273962 1462076 1107780 257730 96566 91278 25366 62838 3074 1254423 1217794 34120 2509 497254 405153 82453 9648 488029 2550 485479 4210331 4087389 114521 8421 438960 71738 367074 148 LAB TESTING SUPPLIES 3132696 3132696 FOOD SERVICE 1479596 1479596 PHYSICAL PLANT CONTRACT 1414491 1385491 27129 1871 MAINTENANCE & REPAIRS 1299392 1110882 186861 1649 1372418 914962 393250 64206 47482885 39271447 7013223 1198215 32333324 25651044 5483277 2863497 1581897 2491515 334338 227342 529806 179520 124422159 61837476 63874618 62584683 120687737 173279776 1556714 2828386 226381711 270105763 1143051 2129861 15805601 17373536 17871866 17853955 621791 621791 2551299 2370221 37993608 40349364 X 126822259 153450272 61565844 76306127 188388103 229756399 226381711 270105763 X 200286 39794310 1373700 X X 0 1 X 1 0 X 7166586 9770001 4805419 6123851 5408630 33274487 7166586 9770001 4805419 6123851 5408630 33274487 5494550 27779937 1462886 2125367 2709020 1987037 643180 8927490 3168 3168 956473 -144806 1456624 85785 805542 3159618 45364763 172414477 0.61240 0.66090 X SCHEDULE A, PART I, BOX 2 & 7 BAYLOR SCHOOL IS DETERMINED TO BE A PUBLIC CHARITY BECAUSE IT IS A SCHOOL DESCRIBED IN SECTION 170(B)(1)(A)(II). SCHEDULE E HAS BEEN COMPLETED AND ATTACHED. FOR PURPOSES OF SCHEDULE A, THE ORGANIZATION HAS COMPLETED PART II IN ORDER TO COMPLETE THE SPECIAL RULE ON SCHEDULE B AND DISCLOSE DONORS GREATER THAN 2% INSTEAD OF ALL DONORS GREATER THAN $5,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 127573710 2298345 39693181 5399204 138169 164176847 129398794 2650460 777302 5136020 116826 127573710 125314887 946545 8758823 5198903 422558 129398794 116021117 3301177 10913072 4420961 499518 125314887 109954741 1149220 13611283 8046655 647472 116021117 0.56780 0.22070 0.21150 0 0 2070947 2070947 104413411 49734465 54678946 16896255 11903011 4993244 1041546 200000 841546 62584683 U.S. AND GLOBAL EX U.S. EQUITY 60560804 F HEDGE FUNDS 74049964 F REAL ESTATE 67062 F PRIVATE EQUITY 38601946 F 173279776 INTEREST RATE SWAP 1569995 ANNUITY OBLIGATION 800226 2370221 X 82330811 39794310 1647255 41441565 40889246 343723 6450202 6793925 47683171 41055707 489036 489036 40566671 343723 6572491 6916214 47482885 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY 60 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING OPERATIONAL EXPENSES AND STUDENT SCHOLARSHIPS. ALL ENDOWMENT DRAWS ARE BASED UPON PREDETERMINED ENDOWMENT GUIDELINES OR APPROVED BY THE BOARD FOR THE QUASI-ENDOWMENT FUNDS. PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND RELEVANT STATE REGULATIONS. ACCORDINGLY, INCOME TAX EXPENSE IS LIMITED TO ACTIVITIES THAT ARE DEEMED BY THE INTERNAL REVENUE SERVICE TO BE UNRELATED TO THE SCHOOL'S EXEMPT PURPOSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 25,293. CHANGE IN VALUE CSV CRT 244,814. BOOKSTORE COGS NETTED AGAINST BOOKSTORE REVENUE 159,050. LOSS ON PPE 888,112. FUNDRAISING EXPENSE NETTED AGAINST FUNDRAISING REVENUE 329,986. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED AS AN EXPENSE ON 990 6,572,491. GAIN/LOSS FROM UBTI -122,289. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE NETTED AGAINST FUNDRAISING REVENUE 329,986. BOOKSTORE COGS NETTED AGAINST BOOKSTORE REVENUE 159,050. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED AS AN EXPENSE ON 990 6,572,491. 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'S ADMISSION BROCHURES AND OTHER PRINTED MATERIALS INCLUDE THE NONDISCRIMINATION POLICY. THE POLICY IS ALSO INCLUDED ON THE SCHOOL'S WEBSITE. 0 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 7767476 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 6472769 0 0 0 0 0 0 14240245 0 14240245 FINANCIAL AID SOUTH AMERICA 7 253767 TUITION CREDITS, NO CASH DISBURSED BOOK FINANCIAL AID EUROPE (INCLUDING ICELAND & GREENLAND) 3 148900 TUITION CREDITS, NO CASH DISBURSED BOOK FINANCIAL AID EAST ASIA AND THE PACIFIC 2 35000 TUITION CREDITS, NO CASH DISBURSED BOOK FINANCIAL AID CENTRAL AMERICA AND THE CARIBBEAN 1 45000 TUITION CREDITS, NO CASH DISBURSED BOOK FINANCIAL AID RUSSIA AND NEIGHBORING STATES 6 45000 TUITION CREDITS, NO CASH DISBURSED BOOK 0 0 0 1 1 0 PART I, LINE 2: APPLICANT FAMILIES ARE REQUIRED TO SUBMIT TAX AND FINANCIAL DATA ANNUALLY. EVALUATION OF THE DEMONSTRATED NEED IS DONE BOTH BY A THIRD-PARTY SOFTWARE VENDOR AND AN INTERAL FINANCIAL AID COMMITTEE. ANY AWARDS ARE TREATED AS A CREDIT ON THE APPLICABLE STUDENT'S TUITION AND FEES ACCOUNT, NO CASH GRANTS ARE EVER AWARDED. SINCE THE RECIPIENTS DO NOT HAVE CONTROL OF THE FUNDS AT ANY POINT, NO ADDITIONAL MONITORING IS NECESSARY. PART III ACCOUNTING METHOD: X X X X X X 1 MYERS MCRAE INC 515 MULBERRY ST STE 200 MACON GA 31201 CAPITAL CAMPAIGN ASSISTANCE 0 0 6500 -6500 6500 -6500 AUCTION 1149177 535629 613548 10000 57634 161308 49314 22032 29698 1149177 535629 613548 10000 57634 161308 49314 22032 29698 329986 283562 1 DAY STUDENT FINANCIAL AID 258 3459075 FMV TUITION CREDIT BOARDING STUDENT FINANCIAL AID 54 1810800 FMV TUITION CREDIT DEPENDENT FINANCIAL AID 72 1084860 FMV TUITION CREDIT MERIT FINANCIAL AID 20 494749 FMV TUITION CREDIT COVID-RELATED NEED BASED FINANCIAL AID 40 280200 FMV TUITION CREDIT PART I, LINE 2: APPLICANT FAMILIES ARE REQUIRED TO SUBMIT TAX AND FINANCIAL DATA ANNUALLY. EVALUATION OF THE DEMONSTRATED NEED IS DONE BOTH BY A THIRD-PARTY SOFTWARE VENDOR AND AN INTERAL FINANCIAL AID COMMITTEE. ANY AWARDS ARE TREATED AS A CREDIT ON THE APPLICABLE STUDENT'S TUITION AND FEES ACCOUNT, NO CASH GRANTS ARE EVER AWARDED. SINCE THE RECIPIENTS DO NOT HAVE CONTROL OF THE FUNDS AT ANY POINT, NO ADDITIONAL MONITORING IS NECESSARY. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 SCOTT WILSON PRESIDENT/HEADMASTER 417402 0 0 0 0 0 22750 0 8838 0 448990 0 0 0 DALLAS W JOSEPH JR TREASURER & CFO 244241 0 0 0 15895 0 51829 0 6587 0 318552 0 0 0 SHAW WILSON ASSISTANT HEADMASTER 170942 0 0 0 0 0 9180 0 8188 0 188310 0 0 0 MATT LEWIS CHIEF ADVANCEMENT OFFICER 165620 0 0 0 0 0 13872 0 6415 0 185907 0 0 0 JAMES KENNEDY DIR. OF ADMISSIONS AND ENR 158602 0 0 0 0 0 12305 0 1090 0 171997 0 0 0 JENNIFER LINDSAY HEAD OF MIDDLE SCHOOL 146333 0 0 0 0 0 11867 0 3205 0 161405 0 0 0 WILLIS MURDOCK III FINANCIAL AID DIRECTOR 133155 0 0 0 0 0 11453 0 7845 0 152453 0 0 0 PART I, LINE 1A THE SCHOOL PROVIDES HOUSING AND CERTAIN PERSONAL SERVICES RELATED TO THE MAINTENANCE AND CARE OF THE RESIDENCE AS PART OF THE HEAD OF SCHOOL'S EMPLOYMENT. THIS IS PROVIDED FOR THE CONVENIENCE OF THE EMPLOYER SO THAT THE HEAD OF SCHOOL CAN PERFORM ESSENTIAL SCHOOL BUSINESS AND ACTIVITIES AT THE HOME. IN ADDITION, CERTAIN ADMINISTRATORS ARE PROVIDED WITH DISCRETIONARY SPENDING ACCOUNTS. THESE ACCOUNTS ARE TO BE USED FOR SCHOOL-RELATED EXPENDITURES AS SEEN FIT BY THE ADMINISTRATOR AND THE HEAD OF SCHOOL. THE DISCRETIONARY SPENDING ACCOUNT FOR THE CFO IS NOT PART OF AN ACCOUNTABLE PLAN, AND THEREFORE IS INCLUDED ON FORM 1099 AS TAXABLE COMPENSATION. A HEALTH EDUCATIONAL & HOUSING FACILITY BOARD 521298872 2017-09-20 22900000 REFUNDING NOTES & REVOLVING CREDIT LOAN; CAPITAL CONSTRUCTION & ACQUISITIONS 1 0 0 A 17900000 5000000 42481 17857519 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 1 SUNTRUST BANK 14.000000000000 0 0 0 0 0 A 0 PART IV INTEREST RATE SWAP HEDGE TERM THROUGH YEAR 2032 PROVIDER: TRUIST BANK 66150 TUITION REMISSION TUITION REMISSION FOR DEPENDENT STUDENTS 7140 NEED BASED FINANCIAL AID NEED BASED FINANCIAL AID ON BEHALF OF DEPENDENT STUDENTS PATRICK BEARD SHULMAN AND JACOWAY CARTER LYNCH IS THE SECRETARY FOR THE SCHOOL AND A PARTNER AT PATRICK BEARD 191343 CARTER LYNCH IS THE SCHOOL'S PRIMARY ATTORNEY. ALL TRANSACTIONS ARE CONDUCTED AT ARMS LENGTH AND FAIR MARKET VALUE. 0 LAWSON ELECTRIC RYAN CRIMMINS IS A TRUSTEE FOR THE SCHOOL AND THE OWNER OF LAWSON ELECTRIC. 85233 RYAN CRIMMINS IS TRUSTEE FOR THE SCHOOL AND ALSO THE CHAIRMAN AND HEAD OF SALES OF LAWSON ELECTRIC. LAWSON ELECTRIC HANDLES ALL ELECTRICAL WORK AND REPAIRS FOR THE SCHOOL. ALL TRANSACTIONS ARE CONDUCTED AT ARMS LENGTH AND FAIR MARKET VALUE. 0 POINTER MANAGEMENT LLC JOHN STOUT IS TRUSTEE FOR THE SCHOOL AND A MANAGING PARTNER AT POINTER. 485294 THE SCHOOL PAID POINTER MANAGEMENT INVESTMENT MANAGEMENT FEES. ALL TRANSACTIONS ARE CONDUCTED AT ARMS LENGTH AND FAIR MARKET VALUE. 0 X 15 99590 STOCK EXCHANGE PRICES X BUILDING MATERIALS 4 48411 VALUE FROM VENDOR IN 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 TRUSTEES OF THE BOARD, ALEXIS BOGO AND ALEXANDER GUERRY III, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY MANAGEMENT OF THE SCHOOL WITH THE ASSISTANCE OF ELLIOTT DAVIS, LLC/PLLC. A DRAFT FORM 990 AND ALL OF THE REQUIRED SCHEDULES ARE DISTRIBUTED TO THE VP OF FINANCE, WHO REVIEWS THE RETURN WITH ELLIOTT DAVIS, LLC/PLLC. ONCE THE DRAFT IS FINALIZED, IT IS DISTRIBUTED TO THE EXECUTIVE COMMITTEE AND BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES EVALUATES ALL POTENTIAL CONFLICTS OF INTEREST ON AN ANNUAL BASIS. IN THE EVENT OF A CONFLICT, THE BOARD WILL CONSIDER THE NATURE OF THE CONFLICT, AND IF WARRANTED, THE INDIVIDUAL IS ASKED TO RECUSE HIM/HERSELF FROM DISCUSSION AND VOTING. ALTERNATIVELY, IF THERE IS A POTENTIAL BUSINESS CONFLICT, THE BOARD MAY BE ASKED TO EVALUATE APPROPRIATENESS AND, IF NECESSARY, MANADATE A CHANGE TO OR DISCONTINUATION OF THE RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE SETS THE COMPENSATION FOR THE HEADMASTER. THE EXECUTIVE COMMITTEE IS DEEMED INDEPENDENT AS IT IS COMPRISED OF INDIVIDUALS THAT ARE NEITHER RELATED TO NOR SUBJECT TO THE CONTROL OF THE HEADMASTER. IN PREPARATION OF THIS DECISION, A COMPENSATION COMPARISON IS PREPARED USING DATA FROM THE NAIS. DATA IS PULLED AND ANALYZED USING A SET OF PREDETERMINED PEER SCHOOLS AND BENCHMARK SCHOOLS. COMPENSATION DISCUSSIONS FOR THE HEADMASTER, ARE DOCUMENTED IN THE EXECUTIVE COMMITTEE MINUTES. COMPENSATION FOR THE FACULTY FOLLOWS PROCEDURES OUTLINED IN THE BROADBAND SYSTEM. COMPENSATION FOR ALL OTHER EMPLOYEES ARE DETERMINED USING INDUSTRY SURVEY DATA (NAIS, NBOA, ETC.) AND MARKET ANALYSIS. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE HEAD OF SCHOOL. FORM 990, PART IX, LINE 24E OTHER ADMINISTRATIVE EXPENSE: PROGRAM SERVICE EXPENSES 601,371. MANAGEMENT AND GENERAL EXPENSES 256,139. FUNDRAISING EXPENSES 18,849. TOTAL EXPENSES 876,359. FEES & COMISSION: PROGRAM SERVICE EXPENSES 313,591. MANAGEMENT AND GENERAL EXPENSES 111,368. FUNDRAISING EXPENSES 45,357. TOTAL EXPENSES 470,316. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 25,743. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,743. FORM 990, PART XI, LINE 9: CHANGE IN VALUE CSV CRT 244,814. CHANGE IN CSV LIFE INSURANCE 25,293. INTEREST RATE SWAP LOSS 981,304. GAIN/LOSS FROM UBTI 122,289. FORM 990, PART XII, LINE 2C: NO CHANGE SCHEDULE B PART I BAYLOR SCHOOL INCLUDED ALL DONORS WITH CONTRIBUTIONS IN EXCESS OF $5,000 FOR PURPOSES OF SCHEDULE B REPORTING.