2021-11-11T17:00:09-06:00 2021-06-30 275360847 CROSSLIN PLLC 3803 BEDFORD AVENUE SUITE 103 NASHVILLE TN 37215 990 2020-07-01 620513741 MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE MONT 6152985514 4001 HARDING ROAD NASHVILLE TN 37205 ROBERT YAKUSHI DIRECTOR OF FINANCE 6152985514 2021-11-11 1 ROBERT YAKUSHI 999009999 STEVEN D WARREN P00921930 6153205500 2021-11-11 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ROBERT YAKUSHI 4001 HARDING ROAD NASHVILLE TN 37205 44064701 0 X WWW.MONTGOMERYBELL.EDU X 1806 TN OPERATION OF BOYS SCHOOL GRADES 7-12. 51 51 158 0 0 1856 26540794 14466060 25601813 27139429 2160274 -241735 283183 303381 54586064 41667135 3034710 3294000 0 0 16162407 12311380 0 0 1647888 24000500 20650474 43197617 36255854 11388447 5411281 285620784 303405415 20863834 16302394 264756950 287103021 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 31231280 3294000 26965913 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. 971752 476897 ATHLETICS PROGRAM- GRADES 7-12 STUDENTS PARTICIPATE IN INTERMURAL AND INTERSCHOLASTIC SPORTS INCLUDING BASEBALL, BASKETBALL, FOOTBALL, SOCCER, GOLF, TRACK, SWIMMING, AND WRESTLING. 32203032 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 88 0 1 158 1 1 1 0 0 0 0 1 1 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 ROBERT K YAKUSHI DIRECTOR OF FINANCE 40.00 X 169896 0 28120 FRANCES STEWART DIRECTOR OF JUNIOR SCHOOL 40.00 X 140748 0 16216 MARK TIPPS DIRECTOR OF ATHLETICS 40.00 X 167097 0 30072 TIM S BOYD ACADEMIC DEAN 40.00 X 152607 0 26119 JOSEPH W JOHNSON DIRECTOR OF ALUMNI AND DEVELOPMENT 40.00 X 177876 0 29952 GREGORY C FERRELL DIR OF ADMISSIONS & FINANCIAL AID 40.00 X 139576 0 28511 VIRGINIA MADDUX DIRECTOR OF COLLEGE COUNSELING 40.00 X 130126 0 22860 ROBERT SAWYER DEAN OF HIGH SCHOOL 40.00 X 121128 0 26488 BRADFORD GIOIA HEADMASTER 50.00 X 559588 0 102485 1758642 0 310823 9 0 1 0 BRASFIELD & GORRIE 1201 DEMONBREUN ST SUITE 200 NASHVILLE TN 37203 GENERAL CONTRACTOR 35440732 SAGE DINING SERVICES INC 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 FOOD SERVICE 1512764 HASTINGS ARCHITECTURE ASSOC LLC 127 THIRD AVE SOUTH NASHVILLE TN 37201 ARCHITECTURE 1139804 SCHOOL FACILITY MANAGEMENT 800 18TH AVE S STE A NASHVILLE TN 37203 MAINTENANCE 567590 TRUST BUILDING SERVICES 3817 WEST END AVE NASHVILLE TN 37205 CONSTRUCTION 358770 5 14466060 71739 14466060 TUITION AND FEES 611710 24676229 24676229 FOOD SERVICE 611710 990547 990547 OTHER 611710 638304 638304 ATHLETICS 611710 476897 476897 BOOKSTORE INCOME 611710 196862 196862 160590 160590 27139429 2032791 2032791 426421 123040 303381 303381 303381 2274526 -2274526 -2274526 -2274526 41667135 27442810 0 -241735 3294000 3294000 1875137 1520787 195379 158971 7187369 5829149 748885 609335 1136432 881629 146336 108467 1241599 973755 153825 114019 870843 676185 111794 82864 80437 80437 138613 99414 39199 30878 30878 343149 343149 1474293 1467467 6826 1910 764 1146 43500 43500 5622160 5622160 PROJECT EXPENSES 6367794 6367794 EQUIPMENT RENTAL AND MA 2258241 2258241 ATHLETIC PROGRAM 971752 971752 SUPPLIES 761124 761124 2556623 1535489 487247 533887 36255854 32203032 2404934 1647888 1778 1664 82909638 75265537 5822196 4872943 184296 222001 261425 313024 230493944 51460068 151101337 179033876 20541830 14951781 24726778 28619694 71506 124895 285620784 303405415 5435181 2085339 14678653 13467055 750000 750000 20863834 16302394 X 198290628 206847882 66466322 80255139 264756950 287103021 285620784 303405415 5411281 16950066 -15277 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 76260364 3313102 18376532 3088627 94861371 75481256 2673646 1285330 3179868 76260364 72746039 2784810 3119414 3169007 75481256 68964542 1670858 5418973 3308334 72746039 65323936 2295396 5604998 4259788 68964542 0.24383 0.75617 0.00000 0 0 21092164 21092164 182740741 39821741 142919000 6946515 6315405 631110 19714524 5322922 14391602 179033876 LIMITED PARTNERSHIP INVESTMENTS 28619694 F 28619694 X 58566617 16950066 -35307 16914759 41651858 15277 15277 41667135 36220547 0 36220547 35307 35307 36255854 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT ACTIVITY EXPENSES -35,307. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT ACTIVITY EXPENSES 35,307. 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 159 3294000 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. PART III, LINE 2 SCHOLARSHIP AWARDED TO ALUMNI THAT ATTEND IVY LEAGUE SCHOOLS. X 0 1 X X X X 0 1 0 0 0 0 0 0 0 FRANCES STEWART DIRECTOR OF JUNIOR SCHOOL 140748 0 0 0 0 0 6400 0 9816 0 156964 0 0 0 ROBERT K YAKUSHI DIRECTOR OF FINANCE 169896 0 0 0 0 0 18200 0 9920 0 198016 0 0 0 MARK TIPPS DIRECTOR OF ATHLETICS 167097 0 0 0 0 0 20000 0 10072 0 197169 0 0 0 TIM S BOYD ACADEMIC DEAN 152607 0 0 0 0 0 18700 0 7419 0 178726 0 0 0 JOSEPH W JOHNSON DIRECTOR OF ALUMNI AND DEVELOPMENT 177876 0 0 0 0 0 20000 0 9952 0 207828 0 0 0 GREGORY C FERRELL DIR OF ADMISSIONS & FINANCIAL AID 139576 0 0 0 0 0 18720 0 9791 0 168087 0 0 0 VIRGINIA MADDUX DIRECTOR OF COLLEGE COUNSELING 130126 0 0 0 0 0 15620 0 7240 0 152986 0 0 0 BRADFORD GIOIA HEADMASTER 559588 0 0 0 0 0 89810 0 12675 0 662073 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. G THOMAS CURTIS TRUSTEE 15277 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 19172086 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 19091 LEASE OF PROPERTY AT 401 S. WILSON BOULEVARD, NASHVILLE TN. AMOUNT REPORTED REPRESENTS LEASE PAYMENTS. 0 X 1 34000 FAIR MARKET VALUE X 9 10423 FAIR MARKET VALUE X SCHOOL EQUIPMENT 5 14922 FAIR MARKET VALUE X SUPPLIES & MATERIALS 21 4085 FAIR MARKET VALUE X EVENT TICKETS & EXPENSES 3 3288 FAIR MARKET VALUE X ATHLETIC EQUIPMENT 5 571 FAIR MARKET VALUE X FURNITURE 1 300 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.