2020-04-13T12:50:21-05:00 2019-06-30 275360847 CROSSLIN PLLC 3803 BEDFORD AVENUE SUITE 103 NASHVILLE TN 37215 990 2018-07-01 620513741 MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE MONT 6152985514 4001 HARDING ROAD NASHVILLE TN 37205 ROBERT YAKUSHI DIRECTOR OF FINANCE 6152985514 2020-04-10 1 STEVEN D WARREN P00921930 6153205500 2020-04-09 12.222.118.34 2020-04-10 00:32:41 CD P 943C2B779621AE68CF3E0BED5C235FDF89DF7949 0C95A3ABCCD0F8A6DFD926B057051B132E0BD377 2018 2020-11-06 18:47:13Z ROBERT YAKUSHI 4001 HARDING ROAD NASHVILLE TN 37205 48380194 0 X WWW.MONTGOMERYBELL.EDU X 1806 TN OPERATION OF BOYS SCHOOL GRADES 7-12. 54 54 156 0 0 -3866 116255797 20567089 22635005 24302496 1991045 2548120 323435 102364 141205282 47520069 2771400 2831524 0 0 14270998 16678075 0 0 2284865 16109561 24431246 33151959 43940845 108053323 3579224 262570102 269196112 15525816 16575959 247044286 252620153 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 37510311 2831524 23711591 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. 1072488 590905 ATHLETICS PROGRAM- GRADES 7-12 STUDENTS PARTICIPATE IN INTERMURAL AND INTERSCHOLASTIC SPORTS INCLUDING BASEBALL, BASKETBALL, FOOTBALL, SOCCER, GOLF, TRACK, SWIMMING, AND WRESTLING. 38582799 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 113 0 1 156 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 54 54 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 ALLEN P MCDANIEL TRUSTEE 1.00 X 0 0 0 ANDREA CARLTON TRUSTEE 1.00 X 0 0 0 BEN S GAMBILL JR TRUSTEE 1.00 X 0 0 0 BEN T MAY TRUSTEE 1.00 X 0 0 0 BEN D S GAMBILL III TRUSTEE 1.00 X 0 0 0 BETH HARWELL TRUSTEE 1.00 X 0 0 0 BILL CARPENTER III TRUSTEE 1.00 X 0 0 0 WILLIAM H HAWKINS TRUSTEE 1.00 X 0 0 0 BILL M WILSON TRUSTEE 1.00 X 0 0 0 BLAIR J WILSON TRUSTEE 1.00 X 0 0 0 BOB BRANNON TRUSTEE 1.00 X 0 0 0 BROWNLEE O CURREY JR TRUSTEE 1.00 X 0 0 0 BYRON W SMITH TRUSTEE 1.00 X 0 0 0 CLAY T JACKSON TRUSTEE 1.00 X 0 0 0 DAVID F SMITH TRUSTEE 1.00 X 0 0 0 DAVID G MCCLELLAN TRUSTEE 1.00 X 0 0 0 DAVID B INGRAM CHAIRMAN 1.00 X X 0 0 0 DEON GAINES II TRUSTEE 1.00 X 0 0 0 DR CARL C AWH TRUSTEE 1.00 X 0 0 0 DR ROY O ELAM III TRUSTEE 1.00 X 0 0 0 DUDLEY W WARNER II TRUSTEE 1.00 X 0 0 0 ED POWELL JR TRUSTEE 1.00 X 0 0 0 H LEE BARFIELD II TRUSTEE 1.00 X 0 0 0 J HANLEY SAYERS JR TRUSTEE 1.00 X 0 0 0 J BARRY BANKER TRUSTEE 1.00 X 0 0 0 JAKE WALLACE TRUSTEE 1.00 X 0 0 0 JAMES L FLAUTT TRUSTEE 1.00 X 0 0 0 JIM CHANDLER JR TRUSTEE 1.00 X 0 0 0 JIM CHEEK III VICE CHAIR 1.00 X X 0 0 0 JIMMY PICKEL JR TRUSTEE 1.00 X 0 0 0 JIMMY WEBB III TRUSTEE 1.00 X 0 0 0 JOHN R INGRAM TRUSTEE 1.00 X 0 0 0 JOHN TROCHFORD TRUSTEE 1.00 X 0 0 0 JOHN W EAKIN JR TRUSTEE 1.00 X 0 0 0 LEE A BEAMAN SECRETARY 1.00 X X 0 0 0 LEE F NOEL TRUSTEE 1.00 X 0 0 0 LUCY DAVIS HAYNES 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 PAM R KOBAN TRUSTEE 1.00 X 0 0 0 PETE DELAY TRUSTEE 1.00 X 0 0 0 P RHOADS ZIMMERMAN TRUSTEE 1.00 X 0 0 0 W RIDLEY WILLS II TRUSTEE 1.00 X 0 0 0 ROCK A MORPHIS TRUSTEE 1.00 X 0 0 0 RYAN TYRRELL TRUSTEE 1.00 X 0 0 0 STEVE RIVEN TRUSTEE 1.00 X 0 0 0 TIM W DOWNEY TRUSTEE 1.00 X 0 0 0 TOM CURTIS TREASURER 1.00 X X 0 0 0 VARINA FRAZER BUNTIN TRUSTEE 1.00 X 0 0 0 R WALTER HALE III TRUSTEE 1.00 X 0 0 0 WILLIAM H ALEXANDER TRUSTEE 1.00 X 0 0 0 WILLIAM W HASTINGS TRUSTEE 1.00 X 0 0 0 CHRISTOPHER C WHITSON TRUSTEE 1.00 X 0 0 0 BRADFORD GIOIA HEADMASTER 50.00 X 497532 0 84762 ROBERT K YAKUSHI DIRECTOR OF FINANCE 40.00 X 155396 0 41482 FRANCES STEWART DIRECTOR JUNIOR SCHOOL 40.00 X 135768 0 33503 GREGORY C FERRELL DIRECTOR ADMISSIONS AND FI 40.00 X 129889 0 35436 JOHN M TIPPS ATHLETIC DIRECTOR 40.00 X 147580 0 35557 JOSEPH W JOHNSON DIRECTOR OF ALUMNI/DEV 40.00 X 165889 0 51233 WILLIAM L NORTON IV DEAN OF HIGH SCHOOL 40.00 X 133495 0 32777 1365549 0 314750 7 0 1 0 BRASFIELD & GORRIE 1201 DEMONBREUND ST NASHVILLE TN 37203 GENERAL CONTRACTOR 6681128 HASTINGS ARCHITECTURE ASSOC LLC 127 THIRD AVE SOUTH NASHVILLE TN 37201 ARCHITECTURE 4633702 THE PARENT COMPANY 241 WILSON PIKE CIRCLE BRENTWOOD TN 37024 BUILDING CONTRACTOR 2031552 SAGE DINING SERVICES 1402 YORK RD STE 100 LUTHERVILLE MD 21093 FOOD SERVICE 1255422 SCHOOL FACILITY MANAGEMENT 800 18TH AVE S STE A NASHVILLE TN 37203 MAINTENANCE 599815 5 20567089 160194 20567089 TUITION AND FEES 611710 22258589 22258589 FOOD SERVICE 611710 951266 951266 ATHLETICS 611710 590905 590905 STUDENT ACTIVITIES 611710 201463 201463 BOOKSTORE INCOME 611710 187752 187752 112521 112521 24302496 3093421 3093421 261892 236982 24910 24910 24910 545301 -545301 -545301 -545301 135630 77842 57788 57788 MISCELLANEOUS REVENUE 611710 19666 19666 19666 47520069 24327406 0 2625574 2831524 2831524 2662465 2159331 277415 225719 8818322 7151896 918821 747605 3334882 2587158 429425 318299 1056268 828404 130864 97000 806138 625944 103487 76707 65798 65798 206067 103199 102868 36543 36543 288285 288285 1062752 1057831 4921 40682 16273 24409 40316 40316 3948194 3948194 PROJECT EXPENSES 11110870 11110870 EQUIPMENT RENTAL AND MA 2262528 2262528 ATHLETIC PROGRAM 1072488 1072488 SUPPLIES 794115 794115 3502608 2112200 698150 692258 43940845 38582799 3073181 2284865 228730 939 38717666 87780953 12497198 6019758 860685 602324 263521 298789 137322249 47207598 79423204 90114651 100462796 69363586 28045820 15014819 2070482 293 262570102 269196112 2257721 1901996 12518095 13923963 750000 750000 15525816 16575959 X 177854172 188237633 13728424 5704427 55461690 58678093 247044286 252620153 262570102 269196112 3579224 2064769 -68126 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 72746039 2784810 3119414 3169007 75481256 68964542 1670858 5418973 3308334 72746039 65323936 2295396 5604998 4259788 68964542 64130991 3270578 1701774 3779407 65323936 65054456 1145466 1160373 3229304 64130991 0.27080 0.72920 0.00000 0 0 18570443 18570443 82781762 35505611 47276151 5769470 4446663 1322807 30200574 7255324 22945250 90114651 LIMITED PARTNERSHIP INVESTMENTS 15014819 F 15014819 X 49458197 2064769 -58515 2006254 47451943 68126 68126 47520069 43882330 0 43882330 58515 58515 43940845 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 -43,521. BAD DEBT EXPENSE -14,994. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT ACTIVITY EXPENSES 43,521. BAD DEBT EXPENSE 14,994. 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. GOLF TOURNAMENT 135630 135630 77842 135630 135630 77842 77842 57788 1 FINANCIAL AID 159 2809024 FAIR MARKET VALUE NONCASH REDUCTION OF STUDENT TUITION INGRAM IVY LEAGUE GRANTS 9 22500 FAIR MARKET VALUE 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 SCHOOLS. X 0 1 X X X X 0 1 0 0 0 0 0 0 0 BRADFORD GIOIA HEADMASTER 497532 0 0 0 0 0 37498 0 47264 0 582294 0 0 0 ROBERT K YAKUSHI DIRECTOR OF FINANCE 155396 0 0 0 0 0 15800 0 25682 0 196878 0 0 0 FRANCES STEWART DIRECTOR JUNIOR SCHOOL 135768 0 0 0 0 0 14600 0 18903 0 169271 0 0 0 GREGORY C FERRELL DIRECTOR ADMISSIONS AND FI 129889 0 0 0 0 0 16680 0 18756 0 165325 0 0 0 JOHN M TIPPS ATHLETIC DIRECTOR 147580 0 0 0 0 0 16300 0 19257 0 183137 0 0 0 JOSEPH W JOHNSON DIRECTOR OF ALUMNI/DEV 165889 0 0 0 0 0 17400 0 33833 0 217122 0 0 0 WILLIAM L NORTON IV DEAN OF HIGH SCHOOL 133495 0 0 0 0 0 14000 0 18777 0 166272 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 68126 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 36661419 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 13764 LEASE OF PROPERTY AT 401 S. WILSON BOULEVARD, NASHVILLE TN. AMOUNT REPORTED REPRESENTS LEASE PAYMENTS. 0 X 2514 FAIR MARKET VALUE X 59 6378 FAIR MARKET VALUE X EVENT TICKETS & EXPENSES 5 11764 FAIR MARKET VALUE X SUPPLIES & MATERIALS 34 11441 FAIR MARKET VALUE X ATHLETIC EQUIPMENT 17 3962 FAIR MARKET VALUE X MILEAGE 1 53 IRS MILEAGE RATE X ADVERTISING 1 25 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.