Civic Intelligence

Currey Ingram Academy

EIN 62-1296326 • 501(c)3 • Brentwood, TN

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Profile

The mission of currey ingram academy is to provide an exemplary k-12 day and boarding program that empowers students with learning differences to achieve their fullest potential.

6544 Murray LaneBrentwood, TN 37027

www.curreyingram.org

Siviq Scores

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

Liabilities / Assets

41st percentile

0.16x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

0.39x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

77th percentile

21%

Higher net margin than 77% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

66th percentile

11%

Faster asset growth than 66% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

23%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$72,881,339

Up $7,038,412 (+11%) from 2023

Liabilities

Down

$11,930,212

Down $1,567,220 (-12%) from 2023

Net Assets

Up

$60,951,127

Up $8,605,632 (+16%) from 2023

Operations
Liabilities / Revenue53rd percentileNet Margin77th percentile

Revenue

Up

$30,965,145

Up $5,724,475 (+23%) from 2023

Expenses

Up

$24,358,478

Up $163,287 (+0.7%) from 2023

Net Income

Up

$6,606,667

Up $5,561,188 (+532%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth66th percentile

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

$80M$60M$40M$20M$0Assets 2010: $39,263,818Liabilities 2010: $12,571,880Net Assets 2010: $26,691,9382010Assets 2011: $38,818,115Liabilities 2011: $12,179,740Net Assets 2011: $26,638,3752011Assets 2012: $35,845,035Liabilities 2012: $10,195,186Net Assets 2012: $25,649,8492012Assets 2013: $46,343,872Liabilities 2013: $12,952,773Net Assets 2013: $33,391,0992013Assets 2014: $47,499,213Liabilities 2014: $12,806,249Net Assets 2014: $34,692,9642014Assets 2015: $44,816,263Liabilities 2015: $10,793,201Net Assets 2015: $34,023,0622015Assets 2016: $42,385,936Liabilities 2016: $8,781,116Net Assets 2016: $33,604,8202016Assets 2017: $40,783,806Liabilities 2017: $5,965,486Net Assets 2017: $34,818,3202017Assets 2018: $45,195,417Liabilities 2018: $5,652,142Net Assets 2018: $39,543,2752018Assets 2019: $54,107,878Liabilities 2019: $4,350,653Net Assets 2019: $49,757,2252019Assets 2020: $68,583,608Liabilities 2020: $18,655,183Net Assets 2020: $49,928,4252020Assets 2021: $68,664,811Liabilities 2021: $16,569,824Net Assets 2021: $52,094,9872021Assets 2022: $64,472,369Liabilities 2022: $15,270,345Net Assets 2022: $49,202,0242022Assets 2023: $65,842,927Liabilities 2023: $13,497,432Net Assets 2023: $52,345,4952023Assets 2024: $72,881,339Liabilities 2024: $11,930,212Net Assets 2024: $60,951,1272024

Highlighted filing

2024

Assets$72,881,339
Liabilities$11,930,212
Net Assets$60,951,127
Open 2024 Filing

Operations Trend

Revenue Growth76th percentile

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $12,919,3222010Expenses 2011: $13,815,4852011Expenses 2012: $15,439,2772012Expenses 2013: $16,109,7312013Revenue 2014: $17,472,737Expenses 2014: $16,753,958Net Income 2014: $718,7792014Revenue 2015: $15,745,463Expenses 2015: $16,501,694Net Income 2015: -$756,2312015Revenue 2016: $15,813,913Expenses 2016: $16,135,210Net Income 2016: -$321,2972016Revenue 2017: $16,847,866Expenses 2017: $16,164,114Net Income 2017: $683,7522017Revenue 2018: $20,946,774Expenses 2018: $16,572,633Net Income 2018: $4,374,1412018Revenue 2019: $26,147,305Expenses 2019: $16,359,449Net Income 2019: $9,787,8562019Revenue 2020: $15,287,200Expenses 2020: $15,907,478Net Income 2020: -$620,2782020Revenue 2021: $19,766,895Expenses 2021: $18,634,930Net Income 2021: $1,131,9652021Revenue 2022: $19,770,454Expenses 2022: $21,210,592Net Income 2022: -$1,440,1382022Revenue 2023: $25,240,670Expenses 2023: $24,195,191Net Income 2023: $1,045,4792023Revenue 2024: $30,965,145Expenses 2024: $24,358,478Net Income 2024: $6,606,6672024

Highlighted filing

2024

Revenue$30,965,145
Expenses$24,358,478
Net Income$6,606,667
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$72,881,339
Liabilities
$11,930,212
Net assets
$60,951,127
Revenue
$30,965,145
Expenses
$24,358,478
Net income
$6,606,667
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$72.9$11.9$61.0$31.0$24.4$6.61
2023Detailed filing. Detailed filing data is available for this year.$65.8$13.5$52.3$25.2$24.2$1.05
2022Detailed filing. Detailed filing data is available for this year.$64.5$15.3$49.2$19.8$21.2$1.44
2021Detailed filing. Detailed filing data is available for this year.$68.7$16.6$52.1$19.8$18.6$1.13
2020Detailed filing. Detailed filing data is available for this year.$68.6$18.7$49.9$15.3$15.9$0.62
2019Detailed filing. Detailed filing data is available for this year.$54.1$4.35$49.8$26.1$16.4$9.79
2018Detailed filing. Detailed filing data is available for this year.$45.2$5.65$39.5$20.9$16.6$4.37
2017Detailed filing. Detailed filing data is available for this year.$40.8$5.97$34.8$16.8$16.2$0.68
2016Detailed filing. Detailed filing data is available for this year.$42.4$8.78$33.6$15.8$16.1$0.32
2015Detailed filing. Detailed filing data is available for this year.$44.8$10.8$34.0$15.7$16.5$0.76
2014Detailed filing. Detailed filing data is available for this year.$47.5$12.8$34.7$17.5$16.8$0.72
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.3$13.0$33.4$16.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.8$10.2$25.6$15.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.8$12.2$26.6$13.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.3$12.6$26.7$12.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 7, 2025
Return Version
2023v6.0
Gross Receipts
$62,366,636
Mission and Program Overview

Mission

The mission of currey ingram academy is to provide an exemplary k-12 day and boarding program that empowers students with learning differences to achieve their fullest potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$37,653,143$35,971,835▼ $1,681,308
Investments in Publicly Traded Securities$14,585,417$18,912,293▲ $4,326,876
Savings and Temporary Cash Investments$3,423,762$8,119,453▲ $4,695,691
Pledges and Grants Receivable$4,617,587$7,226,974▲ $2,609,387
Cash and Non-Interest-Bearing Accounts$5,097,941$1,502,249▼ $3,595,692
Accounts Receivable$191,409$792,888▲ $601,479
Prepaid Expenses and Deferred Charges$184,520$266,499▲ $81,979
Inventories for Sale or Use$89,148$89,148→ $0
Total Assets$65,842,927$72,881,339▲ $7,038,412
Liabilities
Deferred Revenue$8,446,610$8,128,312▼ $318,298
Tax Exempt Bond Liabilities$4,505,744$3,577,172▼ $928,572
Accounts Payable and Accrued Expenses$545,078$224,728▼ $320,350
Total Liabilities$13,497,432$11,930,212▼ $1,567,220
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$39,741,029$45,830,051▲ $6,089,022
Net Assets With Donor Restrictions$12,604,466$15,121,076▲ $2,516,610
Total Net Assets Fund Balance$52,345,495$60,951,127▲ $8,605,632
Total Liabilities and Net Assets / Fund Balance$65,842,927$72,881,339▲ $7,038,412

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$29,356,625$23,851,341$53,207,966
Leasehold Improvements$3,464,400$2,850,279$6,314,679
Other Land Buildings$164,044$4,782,738$4,946,782
Equipment$0$3,325,087$3,325,087
Land$2,986,766-$2,986,766

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$17,345,066$1,541,509▲ $2,205,297$990,861$20,101,011
2022$14,473,632$1,748,325▲ $1,135,493$12,384$17,345,066
2021$14,870,401$2,192,242▼ $2,589,011-$14,473,632
2020$9,831,292$2,666,400▲ $2,372,709-$14,870,401
2019$9,468,957$315,079▲ $500,537$453,281$9,831,292
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff MitchellHead of SchoolFT$424,946$85,874$510,820
Jim HolzerDirector of FinanceFT$157,333-$157,333
Kelly FishAssistant Head of SchoolFT$125,000-$125,000
Danielle C BartonLs Division HeadFT$109,255-$109,255
Shannon PolkMs Asst HeadFT$109,148-$109,148
Jared Calvert ClodfelterUS Division HeadFT$103,792-$103,792

Board Members and Trustees

NameTitle
Susan HammerPast President
Molly RollinsPresident
Bill FreelsDirector
Carol HewittDirector
Cindy Lasker CowheyDirector
Courtney RossDirector
Curt ThorneDirector
Eric KeenDirector
Jamie GodfreyDirector
John SteeleDirector
Laura TuttDirector
Mean KockDirector
Myra LeathersDirector
Peter HeistDirector
Rob HarrisDirector
Steve BrophyDirector
Steve KroegerDirector
Steven SimmonsDirector
Ted CorneliusDirector
Wayne HendrixDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
School Facility ManagementGrounds & Maintenance3017 OAKLAND AVENUE, Nashville, TN 37212$1,276,334
Allard WardArchitecture Services1618 16TH AVE S, Nashville, TN 37212$773,451
Clearline NetworksIt Setup7003 CHADWICK DR, Brentwood, TN 37027$148,130
Wright Specialty GroupInsurance Services900 STEWART AVE STE 600, Garden City, NY 11530$120,363
Jovanna EmersonDiagnostic Center Evaluator7024 ALLENS LANE, Nashville, TN 37221$119,637
Revenue and Support

Revenue Composition

Contributions and Grants
$6,311,687
Program Service Revenue
$23,658,657
Investment Income
$600,090
Other Revenue
$394,711
All Other Contributions
$6,191,687
Change in Net Assets
$6,606,667

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded9$362,942Fair Market Value (FMV)
Other Non Cash Contri Table5$78,324Fair Market Value (FMV)
Total Noncash Contributions14$441,266-

Audited Revenue Reconciliation

Revenue per Audited Statements
$27,344,620
Revenue Not Reported on Financial Statements
$3,620,525
Revenue Not Reported on Form 990
$2,073,965
Other Revenue Adjustments
$3,620,525
Total Revenue per Audited Statements
$29,418,585
Total Revenue per Form 990
$30,965,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,822,109
Other Expenses$8,915,844
Grants and Similar Amounts Paid$3,620,525
Total Fundraising Expense$428,998
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,506,434$851,191$141,321$9,498,946
Grants to Domestic Individuals$3,620,525--$3,620,525
Depreciation Depletion$2,597,163--$2,597,163
All Other Expenses$1,133,644$35,536$6,593$1,175,773
Other Employee Benefits$680,105$50,157$7,596$737,858
Payroll Taxes$664,338$48,995$7,420$720,753
Current Officers, Directors, Trustees, and Key Employees$569,734$57,010$9,465$636,209
Occupancy$416,226--$416,226
Other Expenses$282,655$40,697$25,047$348,399
Pension Plan Contributions$210,470$15,522$2,351$228,343
Insurance$225,054--$225,054
Advertising$186,420-$14,399$200,819
Fees for Services Other$119,705$16,753$10,311$146,769
Information Technology$106,054$14,895$7,040$127,989
Office Expenses$63,685$50,739$1,586$116,010
Interest$110,965--$110,965
Fees for Services Accounting-$57,838-$57,838
Fees for Services Legal-$48,767-$48,767
Total Functional Expenses$22,227,923$1,701,557$428,998$24,358,478

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$24,358,478
Total Expenses per Audited Statements$20,812,953
Expenses per Audited Statements$20,737,953
Expenses Not Reported on Financial Statements$3,620,525
Other Expense Adjustments$3,620,525
Expenses Not Reported on Form 990$75,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$75,000
Fundraising Gross Income$60,000
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bluegrss & Bbq$25,000---
Golf Tournament$80,000$25,000$10,000$15,000
Total Events$180,000$60,000$75,000$-15,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Nashville Soccer ClubShared FacilitiesPayment for Costs Related to Construction of Athletic Facility and Fields, Deferred Rental Income for Soccer Fields and Athletic Pavilion.No$357,189
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
BIdb Williamson Cty Tn2022-09-01$2,285,716EDUCATIONAL FACILITIES
CIdb Williamson Cty Tn2022-09-01$1,751,542EDUCATIONAL FACILITIES
AIdb Williamson Cty Tn2022-09-01$985,000EDUCATIONAL FACILITIES

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$2,285,716-$428,572-
C$1,751,524---
A$985,000-$985,000-

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
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
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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 A, Line 1A

“The executive committee shall have the power to act on behalf of the board of trustees in emergency situations requiring immediate action. Minutes of all executive committee meetings will be mailed to board members, except for meetings or portions of meetings which are declared executive sessions by the committee chair.”

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

“A draft copy of the 990 will be e-mailed to the board of trustees for review before filing.”

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

“Board members are required to sign an annual code of ethics statement which solidifies their commitment to the board. Board members agree to refrain from voting on matters in which there is a conflict. If a conflict is escalated it is handled on a case by case basis by the remaining board members.”

Form 990, Part VI, Section B, Line 15

“The executive committee of the board determines the salary for the head of school. The head of the school determines salaries for all employees. The compensation is determined first from the budget amount allocated in total by the board. Then the contract amount per individual is based on duties, comparable industry standards, education, and experience.”

Form 990, Part VI, Section C, Line 19

“Governing documents, grievance policy, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Currey Ingram Academy
EIN
62-1296326
Phone
6155073167
Address
6544 MURRAY LANE, BRENTWOOD, TN 37027

Signing Officer

Name
Jeff Mitchell
Title
Head of School
Phone
6155073167
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Jeffrey L Mitchell
Formed
1968
Legal Domicile
Tn
Voting Board Members
20
Independent Board Members
20
Employees
270
Volunteers
40

Preparer

Firm
Cherry Bekaert Advisory LLC
Address
222 SECOND AVE SOUTH STE 1240, NASHVILLE, TN 37201
Preparer
Lauren Moses
Phone
6153836592
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1 ORGANIZATION'S MISSION

“The mission of currey ingram academy is to provide an exemplary k-12 day and boarding program that empowers students with learning differences to achieve their fullest potential.”

Financial Statement Notes

PART V, LINE 4:

“The academy has a policy of appropriating an annual distribution up to 4% of the three year historical average of the endowment fund for scholarships and financial assistance.”

PART X, LINE 2:

“The academy is a not-for-profit organization and is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and is not a private foundation. Accordingly, no provision for income taxes is included in the accompanying financial statements. The academy follows fasb asc guidance clarifying the accounting for uncertainty in income taxes recognized in an entity's financial statements. This guidance prescribes a minimum probability threshold that a tax position must meet before a financial statement benefit is recognized. The minimum threshold is defined as a tax position that is more likely than not to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than 50% likely of being recognized upon ultimate settlement. The academy has no tax penalties or interest reported in the accompanying financial statements.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Special event expenses 75,000.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid/scholarships 3,620,525.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Special event expenses 75,000.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid/scholarships 3,620,525.”

Raw XML AppendixShowing 400 of 926 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/ActivityOrMissionDesc0THE MISSION OF CURREY INGRAM ACADEMY IS TO PROVIDE AN EXEMPLARY K-12 DAY AND BOARDING PROGRAM THAT EMPOWERS STUDENTS WITH LEARNING DIFFERENCES TO ACHIEVE THEIR FULLEST POTENTIAL.
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IRS990/Desc0CURREY INGRAM ACADEMY IS A NONPROFIT KINDERGARTEN THROUGH TWELFTH GRADE COLLEGE PREPARATORY SCHOOL OF APPROXIMATELY 400 STUDENTS WHO HAVE LEARNING DIFFERENCES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt21HEAD OF SCHOOL
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IRS990/Form990PartVIISectionAGrp/TitleTxt23LS DIVISION HEAD
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IRS990/MissionDesc0THE MISSION OF CURREY INGRAM ACADEMY IS TO PROVIDE AN EXEMPLARY K-12 DAY AND BOARDING PROGRAM THAT EMPOWERS STUDENTS WITH LEARNING DIFFERENCES TO ACHIEVE THEIR FULLEST POTENTIAL.
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