2026-02-17T07:47:30-06:00 2025-06-30 620428728 REYNOLDS BONE & GRIESBECK PLC 5100 WHEELIS DRIVE SUITE 300 MEMPHIS TN 381174568 990 2024-07-01 620604637 ST MARY'S EPISCOPAL SCHOOL STMA 9015371401 60 PERKINS EXTENDED MEMPHIS TN 38117 LYNN ISAACS CHIEF FINANCIAL OFFICER 9015371401 2026-02-17 1 0 KELLY S CROW P01519168 9016822431 2026-02-17 2024 2025-03-06 01:10:19Z ALBERT THROCKMORTON 60 PERKINS EXTENDED MEMPHIS TN 38117 30860244 0 X WWW.STMARYSSCHOOL.ORG X 1958 TN SEE SCHEDULE O 22 22 318 100 30337 29337 6013657 2396510 22184005 22354705 345086 1708807 72821 21044 28615569 26481066 2354176 2637747 0 0 14597836 14872134 0 0 403635 7285550 6738478 24237562 24248359 4378007 2232707 73131466 77395772 9500223 10591825 63631243 66803947 THE MISSION OF ST. MARY'S EPISCOPAL SCHOOL IS TO PROVIDE AN UNPARALLELED EDUCATIONAL EXPERIENCE THAT CHALLENGES AND SUPPORTS EACH GIRL AS SHE DISCOVERS HER UNIQUE PURPOSE AND REACHES HER INDIVIDUAL POTENTIAL. 0 0 19582950 2637747 22396929 TO PROVIDE COLLEGE PREPARATORY EDUCATION FOR GIRLS FROM 2 YEARS OLD TO TWELFTH GRADE, REGARDLESS OF SOCIO-ECONOMIC, ETHNIC, OR RELIGIOUS BACKGROUND. THE SCHOOL EMPHASIZES A CLASSIC, RIGOROUS LIBERAL ARTS CURRICULUM. THERE WERE APPROXIMATELY 800 STUDENTS ENROLLED FOR THE CURRENT ACADEMIC YEAR. 19582950 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 86 0 1 318 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 TN X LYNN ISAACS 9015371401 60 PERKINS EXTENDED MEMPHIS TN 38117 SUSAN WHITTEN GRABER CHAIR 3.00 X X 0 0 0 JAMES H BARTON JR VICE CHAIR 1.00 X X 0 0 0 JOELLE ROGIN TREASURER 2.00 X X 0 0 0 ANNE-MORGAN BROOKFIELD MORGAN SECRETARY 1.00 X X 0 0 0 JEFFREY BLOCK TRUSTEE 1.00 X 0 0 0 SUSAN ROBERTS COLPITTS TRUSTEE 1.00 X 0 0 0 MIKARA DAVIS TRUSTEE 1.00 X 0 0 0 AMINA DILAWARI TRUSTEE 1.00 X 0 0 0 MICHELE EHRHART TRUSTEE 1.00 X 0 0 0 DORCAS YOUNG GRIFFIN TRUSTEE 1.00 X 0 0 0 JIM JENKINS TRUSTEE 1.00 X 0 0 0 LAWRENCE JENSEN TRUSTEE 1.00 X 0 0 0 ROBERTA NEVIL KUSTOFF TRUSTEE 1.00 X 0 0 0 HALLIE DINKELSPIEL LABEL TRUSTEE 1.00 X 0 0 0 FRANCES KIRKLAND LAWHEAD TRUSTEE 1.00 X 0 0 0 JEAN VAUGHAN MCGHEE TRUSTEE 1.00 X 0 0 0 BETHANY MAYS OWEN TRUSTEE 1.00 X 0 0 0 LISA BREAZEALE ROBERTS TRUSTEE 1.00 X 0 0 0 JENNILYN JENNINGS UTKOV TRUSTEE 1.00 X 0 0 0 DAVID VISINSKY TRUSTEE 1.00 X 0 0 0 HUNTER WITHERINGTON TRUSTEE 1.00 X 0 0 0 LINDA MCNEIL AT-LARGE 1.00 X 0 0 0 TIMOTHY E DAVIS JR EX OFFICIO 1.00 X 0 0 0 BLAIR EVANS EX OFFICIO 1.00 X 0 0 0 RIGHT REVEREND PHOEBE ROAF EX OFFICIO 1.00 X 0 0 0 REVEREND ALEXANDER H WEBB II EX OFFICIO 1.00 X 0 0 0 ALBERT L THROCKMORTON HEAD OF SCHOOL 40.00 X X 332275 0 65482 LYNN ISAACS CHIEF FINANCIAL OFFICER 40.00 X 158680 0 8433 HILARY ROBINSON ASSOCIATE HEAD OF SCHOOL 40.00 X 143778 0 16705 SARAH JENKS DIRECTOR OF OPERATIONS 40.00 X 132656 0 18799 LAUREN SINCLAIR ROGERS HEAD OF UPPER SCHOOL 40.00 X 117113 0 13781 JOHN BARTHOLOMEW DIRECTOR OF ATHLETICS 40.00 X 115859 0 15548 NICOLE HERNANDEZ DIRECTOR OF ADM & FINANCIA 40.00 X 114915 0 24721 1115276 0 163469 13 0 1 0 SAGE DINING SERVICES INC 1402 YORK RD SUITE 100 LUTHERVILLE MD 21093 DINING SERVICES 1026524 LINKOUS CONSTRUCTION COMPANY 1661 AARON BRENNER DR STE 207 MEMPHIS TN 38120 CONSTRUCTION 985285 3 56182 116593 2223735 129930 2396510 STUDENT TUITION AND FEES 611110 20754334 20754334 SUMMER AND AFTER SCHOOL 611110 1021580 1021580 BUCKMAN PERFORMING ARTS 611110 403846 403846 GOBBLE GEAR 611110 122109 122109 ATHLETIC CONCESSIONS 611110 52836 52836 22354705 828919 30337 798582 5218077 19809 4357998 0 860079 19809 879888 879888 0 56182 21180 -21180 -21180 OTHER REVENUE 611110 42224 42224 42224 26481066 22396929 30337 1657290 24702 24702 2613045 2613045 508315 372928 123309 12078 11881597 8717007 2882285 282305 622874 427407 182932 12535 958581 657764 281526 19291 900767 618093 264547 18127 4949 4510 383 56 36312 33088 2814 410 118990 118990 1339370 1220558 103742 15070 510746 465438 39561 5747 837527 763231 64872 9424 1920420 1750060 148750 21610 258169 235267 19997 2905 STUDENT AND AUXILIARY 1373175 1373175 GENERAL AND ADMINISTRAT 335630 303977 27638 4015 OTHER 3190 2700 428 62 24248359 19582950 4261774 403635 893344 7303748 8535724 2042682 4444406 3570679 9252 36484 75117 74742 491788 537196 68053916 26008444 38397289 42045472 18810008 20745899 1103210 737434 371328 301436 73131466 77395772 1186832 2170596 7760776 7900955 552615 520274 9500223 10591825 X 40168595 47063780 23462648 19740167 63631243 66803947 73131466 77395772 2232707 939997 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20937571 556617 2174378 466203 288197 22914166 31578015 1524541 2007713 428661 13744037 20937571 28667116 1832236 1747063 398481 269919 31578015 31071576 40513 -2865273 579700 28667116 25049820 378980 6447876 805100 31071576 0.20820 0.44610 0.34570 1 0 3662508 3662508 53670355 22082248 31588107 4772476 3781885 990591 5948577 144311 5804266 42045472 RIGHT-OF-USE (ROU) LEASE LIABILITY - OPERATING 236616 RIGHT-OF-USE (ROU) LEASE LIABILITY - FINANCING 64820 AMOUNTS HELD FOR OTHERS 218838 520274 X 24685506 939997 21180 961177 23724329 2756737 2756737 26481066 21512802 21180 21180 21491622 2756737 2756737 24248359 PART V, LINE 4: THE SCHOOL HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART X, LINE 2: 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 TOTAL EXPENSES. NO AMOUNTS HAVE BEEN RECOGNIZED IN OPERATING EXPENSES FOR THE YEAR ENDING JUNE 30, 2025. 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: FUNDRAISING EXPENSES NETTED WITH FUNDRAISING REVENUES 21,180. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID NETTED WITH STUDENT TUITION 2,613,045. GRANTS TO ORGANIZATIONS NETTED WITH CONTRIBUTIONS 24,702. INVESTMENT MANAGEMENT FEES 118,990. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH FUNDRAISING REVENUES 21,180. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID NETTED WITH STUDENT TUITION 2,613,045. GRANTS TO ORGANIZATIONS NETTED WITH CONTRIBUTIONS 24,702. INVESTMENT MANAGEMENT FEES 118,990. 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 NON-DISCRIMINATORY POLICY IN ALL NEWSPAPER ADVERTISEMENTS THAT SOLICIT STUDENT REGISTRATION AND IN ALL BROCHURES AND PUBLICATIONS. GOLF TOURNAMENT 56182 56182 589 19128 290 1173 56182 56182 589 19128 290 1173 21180 -21180 1 STREETS MINISTRIES PO BOX 42181 MEMPHIS TN 38174 621763815 501(C)(3) 6542 0 GENERAL OPERATING READING WITH MRS RICHARDSON PO BOX 281578 MEMPHIS TN 38168 871186824 501(C)(3) 7000 0 GENERAL OPERATING FORREST SPENCE FUND 2112 COURT AVE MEMPHIS TN 38104 270151429 501(C)(3) 6750 0 GENERAL OPERATING 3 FINANCIAL ASSISTANCE 221 2613045 PART I, LINE 2: PARENTS APPLY DIRECTLY TO CLARITY, WHICH DETERMINES THE QUALIFYING AMOUNT FOR THE STUDENT. ST. MARY'S FINANCIAL AID COMMITTEE THEN DETERMINES THE AMOUNT OF NEED-BASED TUITION ASSISTANCE THE SCHOOL IS ABLE TO PROVIDE. A 50% TUITION REMISSION IS PROVIDED FOR THE FIRST CHILD OF EMPLOYEES OF ST. MARY'S. FOR THIS TAX YEAR, 43 EMPLOYEE REMISSIONS WERE PROVIDED. RECORDS ARE MAINTAINED IDENTIFYING THE RECIPIENTS OF THIS TUITION ASSISTANCE. THE GRANTS ARE APPLIED BY THE SCHOOL DIRECTLY TO THE TUITION DUE. NO CASH IS PAID TO THE RECIPIENTS. A 50% TUITION REMISSION IS PROVIDED FOR THE FIRST CHILD OF AN ORDAINED CLERGY WORKING FULL-TIME IN THE PROFESSION. FOR THIS TAX YEAR, 8 CLERGY TUITION REMISSIONS WERE PROVIDED. RECORDS ARE MAINTAINED IDENTIFYING THE RECIPIENTS OF THIS TUITION ASSISTANCE. THE GRANTS ARE APPLIED BY THE SCHOOL DIRECTLY TO THE TUITION DUE. NO CASH IS PAID TO THE RECIPIENTS. X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 ALBERT L THROCKMORTON HEAD OF SCHOOL 317275 0 15000 0 0 0 55115 0 10367 0 397757 0 0 0 LYNN ISAACS CHIEF FINANCIAL OFFICER 148680 0 10000 0 0 0 8093 0 340 0 167113 0 0 0 HILARY ROBINSON ASSOCIATE HEAD OF SCHOOL 133778 0 10000 0 0 0 7417 0 9288 0 160483 0 0 0 SARAH JENKS DIRECTOR OF OPERATIONS 122656 0 10000 0 0 0 6942 0 11857 0 151455 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL RECEIVES AN ANNUAL $25,000 HOUSING ALLOWANCE. PARAGRAPH 5(C) OF THE EMPLOYMENT AGREEMENT PROVIDES THAT THE HEAD OF SCHOOL IS EXPECTED TO USE HIS/HER RESIDENCE FOR "SCHOOL BUSINESS IN BUILDING, PROMOTING AND DEVELOPING RELATIONSHIPS WITH VARIOUS CONSTITUENCIES, AS WELL AS WITH COMMUNITY LEADERS." THE HEAD OF SCHOOL RECEIVES AN ANNUAL $10,000 CAR ALLOWANCE PER PARAGRAPH 5(C) OF THE EMPLOYMENT AGREEMENT. PART I, LINE 4B THE HEAD OF SCHOOL IS A PARTICIPANT IN A 457(F) NONQUALIFIED RETIREMENT PLAN TO WHICH THE SCHOOL CONTRIBUTED $45,000 DURING THIS FISCAL YEAR, WHICH AMOUNT IS SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. X 18 129930 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: THE SCHOOL USES AN INVESTMENT BROKER TO SELL PUBLICLY TRADED SECURITIES RECEIVED AS CONTRIBUTIONS. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE MISSION OF ST. MARY'S EPISCOPAL SCHOOL IS TO PROVIDE AN UNPARALLELED EDUCATIONAL EXPERIENCE THAT CHALLENGES AND SUPPORTS EACH GIRL AS SHE DISCOVERS HER UNIQUE PURPOSE AND REACHES HER INDIVIDUAL POTENTIAL. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 WAS PROVIDED TO THE FINANCE COMMITTEE WHO WILL DESIGNATE A BOARD MEMBER TO REVIEW PRIOR TO ISSUANCE. THE CHIEF FINANCIAL OFFICER ALSO REVIEWS THE FORM 990 PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THROUGH THE ANNUAL "NEW TRUSTEE ORIENTATION" THE SCHOOL REVIEWS ALL POLICIES WITH THE NEW TRUSTEES. ALL SCHOOL POLICIES ARE INCLUDED IN THE BOARD OF TRUSTEES NOTEBOOK DISTRIBUTED TO ALL TRUSTEES. FACULTY MUST CONFIRM IN WRITING TO THE HEAD OF SCHOOL ANY EMPLOYMENT HELD IN ADDITION TO THAT OF THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL DETERMINES AND APPROVES THE COMPENSATION AND BENEFITS FOR ALL OTHER EMPLOYEES OF THE SCHOOL BASED UPON WRITTEN GOALS AND PERFORMANCE. THE HEAD OF SCHOOL UTILIZES COMPENSATION DATA FROM NAIS (NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS) AND OTHER COMPARATIVE DATA TO MAKE THE ANNUAL DETERMINATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE TAX RETURN IS ALSO AVAILABLE ON THE GUIDESTAR WEBSITE. FORM 990, PART VI, SECTION B, LINE 15A: THE EXECUTIVE COMMITTEE DETERMINES AND APPROVES THE COMPENSATION AND BENEFITS FOR THE HEAD OF SCHOOL BASED UPON WRITTEN GOALS AND PERFORMANCE. THE EXECUTIVE COMMITTEE UTILIZES COMPENSATION DATA FROM NAIS (NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS) AND OTHER COMPARATIVE DATA TO MAKE THEIR ANNUAL DETERMINATION. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR.