Civic Intelligence

Memphis Grizzlies Preparatory Charter

EIN 20-0028219 • 501(c)3 • Memphis, TN

Profile

Educating young men in grades six through eight, memphis grizzlies preparatory charter school prepares all students to excel academically. Within a rigorous and disciplined middle school, students become equipped for success in high school, college, and life.

168 Jefferson AveMemphis, TN 38104-2219

www.grizzliesprep.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.12x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

49th percentile

0.07x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

25th percentile

-7.3%

Higher net margin than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

91st percentile

$225,758

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

15th percentile

-11%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

19th percentile

-14%

Faster revenue growth than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$2,558,381

Down $321,450 (-11%) from 2024

Liabilities

Up

$308,034

Up $21,000 (+7.3%) from 2024

Net Assets

Down

$2,250,347

Down $342,450 (-13%) from 2024

Operations
Liabilities / Revenue49th percentileNet Margin25th percentile

Revenue

Down

$4,397,035

Down $740,740 (-14%) from 2024

Expenses

Down

$4,717,962

Down $397,909 (-7.8%) from 2024

Net Income

Down

-$320,927

Down $342,831 (-1565%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth15th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2012: $27,565Liabilities 2012: $0Net Assets 2012: $27,5652012Assets 2013: $267,965Liabilities 2013: $99,852Net Assets 2013: $168,1132013Assets 2014: $426,226Liabilities 2014: $295,024Net Assets 2014: $131,2022014Assets 2015: $885,594Liabilities 2015: $582,604Net Assets 2015: $302,9902015Assets 2016: $1,107,683Liabilities 2016: $465,808Net Assets 2016: $641,8752016Assets 2017: $1,514,567Liabilities 2017: $313,548Net Assets 2017: $1,201,0192017Assets 2018: $1,505,655Liabilities 2018: $339,691Net Assets 2018: $1,165,9642018Assets 2019: $1,583,742Liabilities 2019: $306,691Net Assets 2019: $1,277,0512019Assets 2020: $2,325,833Liabilities 2020: $373,339Net Assets 2020: $1,952,4942020Assets 2021: $2,140,311Liabilities 2021: $192,711Net Assets 2021: $1,947,6002021Assets 2022: $4,228,946Liabilities 2022: $1,789,569Net Assets 2022: $2,439,3772022Assets 2023: $3,013,167Liabilities 2023: $442,274Net Assets 2023: $2,570,8932023Assets 2024: $2,879,831Liabilities 2024: $287,034Net Assets 2024: $2,592,7972024Assets 2025: $2,558,381Liabilities 2025: $308,034Net Assets 2025: $2,250,3472025

Highlighted filing

2025

Assets$2,558,381
Liabilities$308,034
Net Assets$2,250,347
Open 2025 Filing

Operations Trend

Revenue Growth19th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $156,000Expenses 2012: $149,277Net Income 2012: $6,7232012Expenses 2013: $1,098,3582013Revenue 2014: $1,858,148Expenses 2014: $1,895,059Net Income 2014: -$36,9112014Revenue 2015: $2,509,919Expenses 2015: $2,145,883Net Income 2015: $364,0362015Revenue 2016: $2,727,856Expenses 2016: $2,388,971Net Income 2016: $338,8852016Revenue 2017: $3,024,258Expenses 2017: $2,465,114Net Income 2017: $559,1442017Revenue 2018: $3,342,865Expenses 2018: $3,377,920Net Income 2018: -$35,0552018Revenue 2019: $3,908,603Expenses 2019: $3,797,516Net Income 2019: $111,0872019Revenue 2020: $4,447,736Expenses 2020: $3,772,293Net Income 2020: $675,4432020Revenue 2021: $4,080,567Expenses 2021: $4,085,461Net Income 2021: -$4,8942021Revenue 2022: $5,461,685Expenses 2022: $4,969,910Net Income 2022: $491,7752022Revenue 2023: $5,464,730Expenses 2023: $5,333,214Net Income 2023: $131,5162023Revenue 2024: $5,137,775Expenses 2024: $5,115,871Net Income 2024: $21,9042024Revenue 2025: $4,397,035Expenses 2025: $4,717,962Net Income 2025: -$320,9272025

Highlighted filing

2025

Revenue$4,397,035
Expenses$4,717,962
Net Income-$320,927
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,558,381
Liabilities
$308,034
Net assets
$2,250,347
Revenue
$4,397,035
Expenses
$4,717,962
Net income
-$320,927
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.56$0.31$2.25$4.40$4.72$0.32
2024Detailed filing. Detailed filing data is available for this year.$2.88$0.29$2.59$5.14$5.12$0.02
2023Detailed filing. Detailed filing data is available for this year.$3.01$0.44$2.57$5.46$5.33$0.13
2022Detailed filing. Detailed filing data is available for this year.$4.23$1.79$2.44$5.46$4.97$0.49
2021Detailed filing. Detailed filing data is available for this year.$2.14$0.19$1.95$4.08$4.09$0.00
2020Detailed filing. Detailed filing data is available for this year.$2.33$0.37$1.95$4.45$3.77$0.68
2019Detailed filing. Detailed filing data is available for this year.$1.58$0.31$1.28$3.91$3.80$0.11
2018Detailed filing. Detailed filing data is available for this year.$1.51$0.34$1.17$3.34$3.38$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.51$0.31$1.20$3.02$2.47$0.56
2016Detailed filing. Detailed filing data is available for this year.$1.11$0.47$0.64$2.73$2.39$0.34
2015Detailed filing. Detailed filing data is available for this year.$0.89$0.58$0.30$2.51$2.15$0.36
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.30$0.13$1.86$1.90$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.10$0.17$1.10
2012Summary only. Only limited summary data is available for this year.$0.03$0.00$0.03$0.16$0.15$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 21, 2026
Return Version
2024v5.5
Gross Receipts
$4,589,696
Mission and Program Overview

Mission

Educating young men in grades six through eight, memphis grizzlies preparatory charter school prepares all students to excel academically. Within a rigorous and disciplined middle school, students become equipped for success in high school, college, and life.

This organization operates a charter school authorized by the shelby county unified school district. It receives local, state, and federal education funding as well as supplemental funding from the memphis grizzlies charitable foundation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,592,797$2,250,347▼ $342,450
Cash and Non-Interest-Bearing Accounts$1,058,957$1,011,608▼ $47,349
Land, Buildings, and Equipment, Net$243,539$194,121▼ $49,418
Investments in Publicly Traded Securities$187,777--
Prepaid Expenses and Deferred Charges$46,806$63,063▲ $16,257
Pledges and Grants Receivable$60,230$31,049▼ $29,181
Intangible Assets$25,258--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,879,831$2,558,381▼ $321,450
Other Assets Total$1,257,264$1,258,540▲ $1,276
Liabilities
Other Liabilities$142,685$193,096▲ $50,411
Accounts Payable and Accrued Expenses$119,019$114,938▼ $4,081
Unsecured Notes Loans Payable$25,330--
Total Liabilities$287,034$308,034▲ $21,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,592,797$2,250,347▼ $342,450
Total Liabilities and Net Assets / Fund Balance$2,879,831$2,558,381▼ $321,450

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$179,868$200,642$380,510
Leasehold Improvements$2,789$319,678$322,467
Equipment$11,464$85,852$97,316
Other Assets Org$198,522--
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tim WareExecutive DirectorFT$204,213$21,545$225,758

Board Members and Trustees

NameTitle
Michael WallaceCo-chairman
Tracee WallsCo-chairman
Amber GarretDirector
Avis RobinsonDirector
Channin CochranDirector
Dorsey Hopson Ii EsqDirector
Elliot PerryDirector
Lou ArrindellDirector
Will AllenDirector
John McgregerDirector of Finance & Operations
Glenda YarbroughSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Technology LabInformation Technology Management21 CLEVELAND AVE, Nashville Ave, TN 37210$152,672
Revenue and Support

Revenue Composition

Contributions and Grants
$4,259,402
Program Service Revenue
$123,455
Investment Income
$14,178
Other Revenue
$0
All Other Contributions
$77,998
Change in Net Assets
$-320,927

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,397,035
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$117,200
Total Revenue per Audited Statements
$4,514,235
Total Revenue per Form 990
$4,397,035
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,308,723
Other Expenses$1,409,239
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,152,123$219,570-$2,371,693
Other Employee Benefits$465,025$37,231-$502,256
Occupancy$331,904$54,110-$386,014
Fees for Service Investment Mgmnt Fees$127,109$207,579-$334,688
Payroll Taxes$182,914$47,647-$230,561
Current Officers, Directors, Trustees, and Key Employees$51,053$153,160-$204,213
Insurance-$49,986-$49,986
Depreciation Depletion$42,004$7,413-$49,417
Fees for Services Accounting-$24,241-$24,241
Other Expenses$205$90,391-$205
Total Functional Expenses$3,826,634$891,328$0$4,717,962

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,835,162
Expenses per Audited Statements$4,717,962
Total Expenses per Form 990$4,717,962
Expenses Not Reported on Form 990$117,200
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Inflows$193,096
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A copy of the 990 was provided to the board of directors before filing.”

Form 990, Part VI, Section B, Line 12C

“Board members are required to disclose conflicts of interest as a condition of board membership. Employees sign a fraud reporting agreement that compels them to report any known misappropriation of funds or resources by an employee or board member.”

Form 990, Part VI, Section B, Line 15

“Employee compensation is based on compensation schedule used by other charter schools in memphis, tn and nashville, tn. The compensation schedule was approved by the shelby county unified school board.”

Form 990, Part VI, Section C, Line 19

“Policies and procedures for the school are distributed to parents of the students in hard copy at the beginning of the school year and are available on the school's website at www.grizzliesprep.org. Board meeting schedules and agendas and minutes for board meetings are avaiable on the school's website. Other documents, such as articles of incorporation, 801c3 determination letter, and quarterly/yearly financial reports are public reports and are available upon request either from the school or the appropriate governement agency.”

Filing and Contact Details

Filer

Filer Name
Memphis Grizzlies Preparatory Charter
EIN
20-0028219
Phone
9014740955
Address
168 JEFFERSON AVE, MEMPHIS, TN 38104-2219

Signing Officer

Name
Tim Ware
Title
Executive Director
Phone
9014740955
Signed
2026-01-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Ware
Formed
2003
Legal Domicile
Tn
Voting Board Members
10
Independent Board Members
10
Employees
42
Volunteers
0

Preparer

Firm
Henderson Hutcherson & Mccullough Pllc
Address
1755 KIRBY PARKWAY SUITE 200, MEMPHIS, TN 38120
Preparer
Richard a Swope
Phone
9016834234
Supplemental Narrative

Additional Explanations

Part XI, Line 2C

“The process used by the committee to oversee the audit has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america requires management of the school to evaluate tax positions taken by the school and recognize a tax liability (or asset) if the school has taken an uncertain position that more likely than not would not be sustained upon examination by the irs. The school has analyzed the tax positions taken by the school and has concluded that as of june 30, 2025, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The school is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any tax periods.”

Raw XML AppendixShowing 400 of 492 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CO-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4CO-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR OF FINANCE & OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt09294
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt04181404
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0201955
IRS990/GrossReceiptsAmt04589696
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt049986
IRS990/InsuranceGrp/TotalAmt049986
IRS990/IntangibleAssetsGrp/BOYAmt025258
IRS990/InvestmentIncomeGrp/ExclusionAmt04884
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04884
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0187777
IRS990/IRPDocumentCnt037
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0606172
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0243539
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0194121
IRS990/LandBldgEquipCostOrOtherBssAmt0800293
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0192661
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0EDUCATING YOUNG MEN IN GRADES SIX THROUGH EIGHT, MEMPHIS GRIZZLIES PREPARATORY CHARTER SCHOOL PREPARES ALL STUDENTS TO EXCEL ACADEMICALLY. WITHIN A RIGOROUS AND DISCIPLINED MIDDLE SCHOOL, STUDENTS BECOME EQUIPPED FOR SUCCESS IN HIGH SCHOOL, COLLEGE, AND LIFE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02592797
IRS990/NetAssetsOrFundBalancesEOYAmt02250347
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt09294
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt09294
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt054110
IRS990/OccupancyGrp/ProgramServicesAmt0331904
IRS990/OccupancyGrp/TotalAmt0386014
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01257264
IRS990/OtherAssetsTotalGrp/EOYAmt01258540
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt037231
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0465025
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0502256
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1TRANSPORTATION
IRS990/OtherExpensesGrp/Desc2FIELD TRIPS
IRS990/OtherExpensesGrp/Desc3STUDENT HEALTH SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt090391
IRS990/OtherExpensesGrp/ProgramServicesAmt0236128
IRS990/OtherExpensesGrp/ProgramServicesAmt1213239
IRS990/OtherExpensesGrp/ProgramServicesAmt224930
IRS990/OtherExpensesGrp/ProgramServicesAmt3205
IRS990/OtherExpensesGrp/TotalAmt0326519
IRS990/OtherExpensesGrp/TotalAmt1213239
IRS990/OtherExpensesGrp/TotalAmt224930
IRS990/OtherExpensesGrp/TotalAmt3205
IRS990/OtherLiabilitiesGrp/BOYAmt0142685
IRS990/OtherLiabilitiesGrp/EOYAmt0193096
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0219570
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02152123
IRS990/OtherSalariesAndWagesGrp/TotalAmt02371693
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt047647
IRS990/PayrollTaxesGrp/ProgramServicesAmt0182914
IRS990/PayrollTaxesGrp/TotalAmt0230561
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt060230
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt031049
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt046806
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt063063
IRS990/PrincipalOfficerNm0TIM WARE
IRS990/PriorPeriodAdjustmentsAmt0-21524
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0OTHER LOCAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0123455
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0123455
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05057163
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01522219
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt080612
IRS990/PYRevenuesLessExpensesAmt021904
IRS990/PYSalariesCompEmpBnftPaidAmt03593652
IRS990/PYTotalExpensesAmt05115871
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05137775
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-320927
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0123455
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02592797
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02250347
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0179868
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0200642
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0380510
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0117200
IRS990ScheduleD/DonatedServicesUseFcltsAmt0117200
IRS990ScheduleD/EquipmentGrp/BookValueAmt011464
IRS990ScheduleD/EquipmentGrp/DepreciationAmt085852
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt097316
IRS990ScheduleD/ExpensesNotReportedAmt0117200
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04717962
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02789
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0319678
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0322467
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0348357
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1711661
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2198522
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1NET PENSION ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2STABILIZATION RESERVE TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0193096
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INFLOWS
IRS990ScheduleD/RevenueNotReportedAmt0117200
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04397035
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES MANAGEMENT OF THE SCHOOL TO EVALUATE TAX POSITIONS TAKEN BY THE SCHOOL AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE SCHOOL HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE SCHOOL HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL AND HAS CONCLUDED THAT AS OF JUNE 30, 2025, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY TAX PERIODS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0194121
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01258540
IRS990ScheduleD/TotalExpensesPerForm990Amt04717962
IRS990ScheduleD/TotalLiabilityAmt0193096
IRS990ScheduleD/TotalRevenuePerForm990Amt04397035
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04514235
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04835162
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL MEET REV. PROC. 75-50, 1975-2 C.B. 587 SECTION 4.0 (2)C BY DRAWING STUDENTS FROM LOCAL COMMUNITIES. THE SCHOOL CURRENTLY HAS A MAJORITY MINORITY PERCENTAGE OF STUDENTS ENROLLED.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1RECEIVED GRANTS FROM THE TENNESSEE DEPARTMENT OF EDUCATION OF $3,956,382 AND THE U.S. DEPARTMENT OF EDUCATION GRANTS OF $225,022.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0204213
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt021545
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TIM WARE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0225758
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0TIM WARE'S COMPENSATION IS APPROVED BY THE ORGANIZATION'S BOARD EACH YEAR.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE 990 WAS PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING.

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