Civic Intelligence

Collegiate School of Memphis

EIN 26-0847588 • 501(c)3 • Memphis, TN

Profile

To prepare young ladies and gentlemen for college success within a highly-structured, nurturing, christian environment.

3353 Faxon AvenueMemphis, TN 38122

www.collegiatememphis.org

Siviq Scores

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

Liabilities / Assets

88th percentile

0.75x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

86th percentile

1.12x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

47th percentile

3.4%

Higher net margin than 47% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

67th percentile

$175,775

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

27th percentile

-2.3%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

14th percentile

-21%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Down

$9,369,862

Down $220,852 (-2.3%) from 2024

Liabilities

Down

$7,035,218

Down $269,148 (-3.7%) from 2024

Net Assets

Up

$2,334,644

Up $48,296 (+2.1%) from 2024

Revenue

Down

$6,293,835

Down $1,653,352 (-21%) from 2024

Expenses

Up

$6,082,973

Up $470,803 (+8.4%) from 2024

Net Income

Down

$210,862

Down $2,124,155 (-91%) from 2024

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2011: $7,980,698Liabilities 2011: $9,147,347Net Assets 2011: -$1,166,6492011Assets 2012: $7,721,543Liabilities 2012: $9,159,173Net Assets 2012: -$1,437,6302012Assets 2013: $7,793,217Liabilities 2013: $9,157,004Net Assets 2013: -$1,363,7872013Assets 2014: $7,123,787Liabilities 2014: $9,158,444Net Assets 2014: -$2,034,6572014Assets 2015: $7,378,621Liabilities 2015: $9,170,244Net Assets 2015: -$1,791,6232015Assets 2016: $7,192,933Liabilities 2016: $9,153,868Net Assets 2016: -$1,960,9352016Assets 2017: $7,596,720Liabilities 2017: $9,246,865Net Assets 2017: -$1,650,1452017Assets 2018: $7,678,159Liabilities 2018: $9,280,939Net Assets 2018: -$1,602,7802018Assets 2019: $7,174,097Liabilities 2019: $9,212,736Net Assets 2019: -$2,038,6392019Assets 2020: $7,140,590Liabilities 2020: $9,468,380Net Assets 2020: -$2,327,7902020Assets 2021: $7,989,222Liabilities 2021: $8,884,384Net Assets 2021: -$895,1622021Assets 2022: $9,283,410Liabilities 2022: $8,077,672Net Assets 2022: $1,205,7382022Assets 2023: $7,694,674Liabilities 2023: $7,626,331Net Assets 2023: $68,3432023Assets 2024: $9,590,714Liabilities 2024: $7,304,366Net Assets 2024: $2,286,3482024Assets 2025: $9,369,862Liabilities 2025: $7,035,218Net Assets 2025: $2,334,6442025

Highlighted filing

2025

Assets$9,369,862
Liabilities$7,035,218
Net Assets$2,334,644

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2011: $3,410,9042011Expenses 2012: $3,506,6622012Expenses 2013: $3,958,7622013Revenue 2014: $3,443,564Expenses 2014: $4,114,434Net Income 2014: -$670,8702014Revenue 2015: $4,285,761Expenses 2015: $4,042,727Net Income 2015: $243,0342015Revenue 2016: $3,806,663Expenses 2016: $3,975,974Net Income 2016: -$169,3112016Revenue 2017: $4,574,357Expenses 2017: $4,263,567Net Income 2017: $310,7902017Revenue 2018: $4,502,069Expenses 2018: $4,571,055Net Income 2018: -$68,9862018Revenue 2019: $4,709,722Expenses 2019: $4,764,593Net Income 2019: -$54,8712019Revenue 2020: $4,809,697Expenses 2020: $4,558,723Net Income 2020: $250,9742020Revenue 2021: $6,229,226Expenses 2021: $5,152,184Net Income 2021: $1,077,0422021Revenue 2022: $7,261,001Expenses 2022: $5,722,221Net Income 2022: $1,538,7802022Revenue 2023: $3,978,849Expenses 2023: $5,312,087Net Income 2023: -$1,333,2382023Revenue 2024: $7,947,187Expenses 2024: $5,612,170Net Income 2024: $2,335,0172024Revenue 2025: $6,293,835Expenses 2025: $6,082,973Net Income 2025: $210,8622025

Highlighted filing

2025

Revenue$6,293,835
Expenses$6,082,973
Net Income$210,862

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.37$7.04$2.33$6.29$6.08$0.21
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.59$7.30$2.29$7.95$5.61$2.34
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.69$7.63$0.07$3.98$5.31$1.33
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.28$8.08$1.21$7.26$5.72$1.54
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.99$8.88$0.90$6.23$5.15$1.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.14$9.47$2.33$4.81$4.56$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.17$9.21$2.04$4.71$4.76$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.68$9.28$1.60$4.50$4.57$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.60$9.25$1.65$4.57$4.26$0.31
2016Detailed filing. Detailed filing data is available for this year.$7.19$9.15$1.96$3.81$3.98$0.17
2015Detailed filing. Detailed filing data is available for this year.$7.38$9.17$1.79$4.29$4.04$0.24
2014Detailed filing. Detailed filing data is available for this year.$7.12$9.16$2.03$3.44$4.11$0.67
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.79$9.16$1.36$3.96
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.72$9.16$1.44$3.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.98$9.15$1.17$3.41
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 11, 2026
Return Version
2024v5.5
Gross Receipts
$6,293,835
Mission and Program Overview

Mission

To prepare young ladies and gentlemen for college success within a highly-structured, nurturing, christian environment.

The collegiate school of memphis is organized exclusively for charitable, scientific, literary, and educational purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,935,867$5,671,519▼ $264,348
Cash and Non-Interest-Bearing Accounts$3,382,069$3,547,209▲ $165,140
Prepaid Expenses and Deferred Charges$4,308$45,230▲ $40,922
Total Assets$9,590,714$9,369,862▼ $220,852
Other Assets Total$268,470$105,904▼ $162,566
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,138,615$6,837,884▼ $300,731
Accounts Payable and Accrued Expenses$124,693$160,050▲ $35,357
Deferred Revenue$41,058$37,284▼ $3,774
Total Liabilities$7,304,366$7,035,218▼ $269,148
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,241,130$1,179,515▼ $61,615
Net Assets With Donor Restrictions$1,045,218$1,155,129▲ $109,911
Total Net Assets Fund Balance$2,286,348$2,334,644▲ $48,296
Total Liabilities and Net Assets / Fund Balance$9,590,714$9,369,862▼ $220,852

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,213,047$3,784,758$8,997,805
Equipment$177,074$536,344$713,418
Other Land Buildings$30,977$348,489$379,466
Leasehold Improvements$127,258$152,018$279,276
Land$123,163-$123,163
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Mckenzie CohenHead of SchoolFT$162,302$13,473$175,775

Board Members and Trustees

NameTitle
Tom MarinoChairperson
Ben ScottBoard Member
Fedoria RuglessBoard Member
Isaac RodriguezBoard Member
Keith OkelloBoard Member
Lauren Mchugh RobinsonBoard Member
Mclean WilsonBoard Member
Merrill SkipworthBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$3,508,251
Program Service Revenue
$2,639,717
Investment Income
$145,867
Other Revenue
$0
All Other Contributions
$3,077,760
Change in Net Assets
$210,862

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,293,835
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$19,434
Total Revenue per Audited Statements
$6,313,269
Total Revenue per Form 990
$6,293,835
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,052,541
Other Expenses$2,030,432
Total Fundraising Expense$56,259
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,239,033$727,945$32,274$2,999,252
Other Employee Benefits$400,134$129,993$5,499$535,626
Depreciation Depletion$306,639$34,070-$340,709
Current Officers, Directors, Trustees, and Key Employees$205,297$65,695$2,737$273,729
Interest$241,472$26,830-$268,302
Payroll Taxes$182,951$58,544$2,439$243,934
Information Technology$224,750--$224,750
All Other Expenses$157,308$10,599$13,310$181,217
Other Expenses$155,599$18,362-$155,599
Insurance$108,759$12,085-$120,844
Fees for Services Other-$62,551-$62,551
Office Expenses$11,767$1,307-$13,074
Advertising-$6,358-$6,358
Total Functional Expenses$4,853,219$1,173,495$56,259$6,082,973

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,264,973
Expenses per Audited Statements$6,082,973
Total Expenses per Form 990$6,082,973
Expenses Not Reported on Form 990$182,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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

The preparer provided a copy of the final version of form 990 to the director of operations and board of directors before it was filed. Additionally, the director of operations and board of directors reviewed and approved the return before it was filed.

Form 990, Part VI, Section B, Line 15

Salaries for the collegiate school of memphis are approved by both the finance committee and the full board of directors.

Form 990, Part VI, Section C, Line 19

The collegiate school of memphis provides public inspection of its financial statements and other governing documents upon request.

Filing and Contact Details

Filer

Filer Name
Collegiate School of Memphis
EIN
26-0847588
Phone
9015918203
Address
3353 FAXON AVENUE, MEMPHIS, TN 38122

Signing Officer

Name
Simone Gray
Title
Dean of Finance & Operations
Phone
9015918203
Signed
2026-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Simone Gray
Formed
2008
Legal Domicile
Tn
Voting Board Members
8
Independent Board Members
8
Employees
71
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 XII, 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:

The collegiate school of memphis is exempt from federal income taxes under internal revenue code section 501 (c) (3). 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. The school believes it is no longer subject to income tax examination for years prior to june 30, 2022.

Schedule D Part XI & XII, Line

The school leases part of its facilities to highland heights baptist church under a 10 year operating lease for the rent of $1 per year. The school leases two separate buildings it owns to the church on a month-to-month basis for $1 per month each. The estimated fair market value of annual rental is $182,000.

Raw XML AppendixShowing 400 of 470 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.

Path#Value
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IRS990/LandBldgEquipCostOrOtherBssAmt010493128
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PREPARE YOUNG LADIES AND GENTLEMEN FOR COLLEGE SUCCESS WITHIN A HIGHLY-STRUCTURED, NURTURING, CHRISTIAN ENVIRONMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt07138615
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06837884
IRS990/NetAssetsOrFundBalancesBOYAmt02286348
IRS990/NetAssetsOrFundBalancesEOYAmt02334644
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-162566
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01241130
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01179515
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01307
IRS990/OfficeExpensesGrp/ProgramServicesAmt011767
IRS990/OfficeExpensesGrp/TotalAmt013074
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0268470
IRS990/OtherAssetsTotalGrp/EOYAmt0105904
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05499
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0129993
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0400134
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0535626
IRS990/OtherExpensesGrp/Desc0CAFETERIA FOOD & SUPPLI
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2BUILDING MAINTENANCE &
IRS990/OtherExpensesGrp/Desc3CLASSROOM SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt019156
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt118362
IRS990/OtherExpensesGrp/ProgramServicesAmt0281848
IRS990/OtherExpensesGrp/ProgramServicesAmt1172408
IRS990/OtherExpensesGrp/ProgramServicesAmt2165254
IRS990/OtherExpensesGrp/ProgramServicesAmt3155599
IRS990/OtherExpensesGrp/TotalAmt0281848
IRS990/OtherExpensesGrp/TotalAmt1191564
IRS990/OtherExpensesGrp/TotalAmt2183616
IRS990/OtherExpensesGrp/TotalAmt3155599
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt032274
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0727945
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02239033
IRS990/OtherSalariesAndWagesGrp/TotalAmt02999252
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02439
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt058544
IRS990/PayrollTaxesGrp/ProgramServicesAmt0182951
IRS990/PayrollTaxesGrp/TotalAmt0243934
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04308
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt045230
IRS990/PrincipalOfficerNm0SIMONE GRAY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1CAFETERIA REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2OTHER
IRS990/ProgramServiceRevenueGrp/Desc3SPORTS PARTICIPATION F
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02312327
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1225348
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt274691
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt327351
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02312327
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1225348
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt274691
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt327351
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05590593
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt043824
IRS990/PYOtherExpensesAmt01779766
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02312770
IRS990/PYRevenuesLessExpensesAmt02335017
IRS990/PYSalariesCompEmpBnftPaidAmt03832404
IRS990/PYTotalExpensesAmt05612170
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07947187
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0210862
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02639717
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/BookValueAmt05213047
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03784758
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08997805
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0182000
IRS990ScheduleD/DonatedServicesUseFcltsAmt0182000
IRS990ScheduleD/EquipmentGrp/BookValueAmt0177074
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0536344
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0713418
IRS990ScheduleD/ExpensesNotReportedAmt0182000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06082973
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0123163
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0123163
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0127258
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0152018
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0279276
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-162566
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt030977
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0348489
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0379466
IRS990ScheduleD/RevenueNotReportedAmt019434
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06293835
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COLLEGIATE SCHOOL OF MEMPHIS IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501 (C) (3). 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. THE SCHOOL BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION FOR YEARS PRIOR TO JUNE 30, 2022.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL LEASES PART OF ITS FACILITIES TO HIGHLAND HEIGHTS BAPTIST CHURCH UNDER A 10 YEAR OPERATING LEASE FOR THE RENT OF $1 PER YEAR. THE SCHOOL LEASES TWO SEPARATE BUILDINGS IT OWNS TO THE CHURCH ON A MONTH-TO-MONTH BASIS FOR $1 PER MONTH EACH. THE ESTIMATED FAIR MARKET VALUE OF ANNUAL RENTAL IS $182,000.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D PART XI & XII, LINE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05671519
IRS990ScheduleD/TotalExpensesPerForm990Amt06082973
IRS990ScheduleD/TotalRevenuePerForm990Amt06293835
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06313269
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06264973
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 MEETS 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/ExplanationTxt1STUDENTS APPLY AND CAN BE APPROVED FOR FREE OR REDUCED SCHOOL MEALS BASED ON INCOME ELIGIBILITY GUIDELINES OR OTHER BENEFIT ELIGIBILITY. THE SCHOOL COMPLIES WITH ALL SCHOOL NUTRITION PROGRAM REGULATIONS FOR FOOD SERVICE. THE SCHOOL SUBMITS CLAIMS TO THE DEPARTMENT OF EDUCATION ON A MONTHLY BASIS IN ORDER TO BE REIMBURSED FOR QUALIFYING MEALS.
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/BaseCompensationFilingOrgAmt0162302
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt013473
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DR MCKENZIE COHEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0HEAD OF SCHOOL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0175775
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PREPARER PROVIDED A COPY OF THE FINAL VERSION OF FORM 990 TO THE DIRECTOR OF OPERATIONS AND BOARD OF DIRECTORS BEFORE IT WAS FILED. ADDITIONALLY, THE DIRECTOR OF OPERATIONS AND BOARD OF DIRECTORS REVIEWED AND APPROVED THE RETURN BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SALARIES FOR THE COLLEGIATE SCHOOL OF MEMPHIS ARE APPROVED BY BOTH THE FINANCE COMMITTEE AND THE FULL BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COLLEGIATE SCHOOL OF MEMPHIS PROVIDES PUBLIC INSPECTION OF ITS FINANCIAL STATEMENTS AND OTHER GOVERNING DOCUMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS USED BY THE COMMITTEE TO OVERSEE THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2C
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt09590714

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