2025-04-15T16:54:56-05:00 2024-05-31 620428728 REYNOLDS BONE & GRIESBECK PLC 5100 WHEELIS DRIVE SUITE 300 MEMPHIS TN 381174568 990 2023-06-01 620517292 LAUSANNE COLLEGIATE SCHOOL LAUS 9014741000 1381 W MASSEY RD MEMPHIS TN 381203206 TROY GRAHAM BUSINESS MANAGER 9014741000 2025-04-15 1 0 KELLY S CROW P01519168 9016822431 2025-04-15 2023 2025-03-06 01:10:19Z TROY GRAHAM 1381 W MASSEY RD MEMPHIS TN 381203206 31272548 0 X WWW.LAUSANNESCHOOL.COM X 1952 TN TO PREPARE EACH OF ITS STUDENTS FOR COLLEGE AND FOR LIFE IN A GLOBAL ENVIRONMENT 20 19 269 100 0 0 567359 3714951 26080347 26600647 312532 566729 -5552 -76994 26954686 30805333 3693494 3520842 0 0 14418286 15319442 0 0 889913 7733406 8170345 25845186 27010629 1109500 3794704 29065874 33015195 4248276 4165196 24817598 28849999 TO PREPARE EACH OF ITS STUDENTS FOR COLLEGE AND FOR LIFE IN A GLOBAL ENVIRONMENT 0 0 21657488 3520842 24947312 PROVIDE EDUCATIONAL SERVICES FOR STUDENTS (PRESCHOOL THROUGH GRADE 12) 334233 412937 CAMP: SUMMER PROGRAMS TO PROVIDE EDUCATIONAL AND ATHLETIC SERVICES TO CHILDREN DURING THE SUMMER MONTHS. 1505061 1240398 AFTERCARE: PROVIDE EDUCATIONAL AND ATHLETIC SERVICES TO CHILDREN DURING AFTER SCHOOL HOURS UNTIL 6 PM. 23496782 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 83 0 1 269 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 TN X TROY GRAHAM 9014741000 1381 WEST MASSEY ROAD MEMPHIS TN 38120 MIKE DERRICK PRESIDENT 1.00 X X 0 0 0 SCOTT DAWSON VP/FINANCE COMMITTEE CHAIR 1.00 X X 0 0 0 LAWSON ARNEY VP/DEVELOPMENT COMMITTEE CHAIR 1.00 X X 0 0 0 REBECCA BELZ VP/COMMITTEE ON TRUSTEES CHAIR 1.00 X X 0 0 0 REBECCA SCHULTER SECRETARY 1.00 X X 0 0 0 AMBIKA AHUJA TRUSTEE 1.00 X 0 0 0 MAX ALDRICH TRUSTEE 1.00 X 0 0 0 JONATHAN CAMPBELL TRUSTEE 1.00 X 0 0 0 JOE DEVIVO TRUSTEE 1.00 X 0 0 0 ERIN EVERITT TRUSTEE 1.00 X 0 0 0 ELEANOR FRENCH TRUSTEE 1.00 X 0 0 0 DOMINGO HURTADO TRUSTEE 1.00 X 0 0 0 TOM KADIEN TRUSTEE 1.00 X 0 0 0 ESPERANZA KING DE NEGLIA TRUSTEE 1.00 X 0 0 0 MARC VAN LIESHOUT TRUSTEE 1.00 X 0 0 0 RICHARD PAESSLER TRUSTEE 1.00 X 0 0 0 REBECCA SCHULTER TRUSTEE 2.00 X 0 0 0 KUSH SHAH TRUSTEE 1.00 X 0 0 0 AMIN ZAKI TRUSTEE 2.00 X 0 0 0 STUART MCCATHIE HEADMASTER 40.00 X X 778549 0 49660 TROY GRAHAM BUSINESS MANAGER 40.00 X 139688 0 22814 GREG GRABER DIRECTOR OF SOCIAL/EMOTNL 40.00 X 120855 0 9601 STUART DUNSTER HEAD OF UPPER SCHOOL 40.00 X 118601 0 59042 CHARLOTTE ALBERTSON DIRECTOR OF DEVELOPMENT AND COMMUNITY ENGAGEMENT 40.00 X 113104 0 29728 KARA BARBOUR HEAD OF LOWER SCHOOL 40.00 X 112573 0 15946 RACHEL HAMMONS DIRECTOR OF LAUSANNE 360/MS SPORTS/LACROSSE COACH 40.00 X 112109 0 18776 1495479 0 205567 10 0 1 0 THE CRUMP FIRM 81 MONROE AVENUE SUITE 100 MEMPHIS TN 38103 ARCHITECTURAL SERVICES 233128 JAN-PRO CLEANING SYSTEM OF MEMPHIS PO BOX 1844 DEPT ES MEMPHIS TN 38101 JANITORIAL SERVICES 181225 MECHANICAL SYSTEMS COMPANY 3965 GETWELL RD MEMPHIS TN 38118 HVAC SERVICES 176808 UNISTAR-SPARCO COMPUTERS 7089 RYBURN DRIVE MILLINGTON TN 38053 IT NETWORKING 145181 DOUBLE E CONSTRUCTION 1105 CATALINA BAY BLVD GRANBURY TX 76048 ATHLETIC TURF FIELD 137765 11 132809 3582142 3714951 TUITION AND FEES 611710 23674471 23674471 CAFETERIA 611710 1272841 1272841 AUXILLARY 611710 1240398 1240398 SUMMER PROGRAM 611710 412937 412937 26600647 576071 576071 380879 390221 -9342 -9342 -9342 0 132809 76994 -76994 -76994 30805333 26600647 0 489735 X 3520842 3520842 1021886 879102 111112 31672 11020909 9538622 1144696 337591 434051 373403 47195 13453 2004049 1724032 217904 62113 838547 721380 91177 25990 1012 1012 54467 54467 3360 3360 84189 84189 276265 162493 113772 339462 147456 174846 17160 421240 350687 69123 1430 101602 91237 7120 3245 26776 26267 402 107 1419570 1392598 21294 5678 195764 192045 2936 783 CONTRACT LABOR & SERVIC 2133217 1793489 211270 128458 MATERIAL & SUPPLIES 887630 807289 80341 0 MAINTENANCE EXPENSE 636629 617883 16552 2194 FOOD EXPENSE 623124 621847 1277 0 966038 698603 121168 146267 27010629 23496782 2623934 889913 263445 399118 7060245 9324245 285378 1473804 211366 702087 51190 64770 332326 65719 47632207 28936060 18501876 18696147 1579456 1783530 780592 505775 29065874 33015195 2124347 2155147 1193624 1173050 930305 836999 4248276 4165196 X 23700512 24474611 1117086 4375388 24817598 28849999 29065874 33015195 X 3794704 169705 67992 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 1442430 16770 207434 64959 17060 3360 1581255 1491956 23920 10676 64262 16876 2984 1442430 1670612 11371 -107580 62616 16444 3387 1491956 1340646 16525 392308 60049 15770 3048 1670612 1365904 8390 34430 51666 13567 2845 1340646 0.62861 0.37140 0 0 871047 871047 40478700 28936060 11542640 5818258 5818258 464202 464202 18696147 DUE TO VENDOR 836999 836999 X 27833447 169705 382611 552316 27281131 3360 3520842 3524202 30805333 23709098 222671 222671 23486427 3360 3520842 3524202 27010629 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF CERTAIN INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING AWARDING SCHOLARSHIPS. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS RULED THAT THE SCHOOL QUALIFIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, NOT SUBJECT TO FEDERAL INCOME TAX UNDER PRESENT INCOME TAX LAWS. 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 NONOPERATING EXPENSES. NO AMOUNTS HAVE BEEN RECOGNIZED IN OPERATING EXPENSES FOR THE YEARS ENDING MAY 31, 2024 AND 2023. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR THE PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE REPORTED BY LAUSANNE LEARNING INC. (EIN 81-1806665) 305,617. FUNDRAISING EXPENSES NETTED WITH FUNDRAISING REVENUES 76,994. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID NETTED WITH TUITION REVENUE 3,520,842. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES REPORTED BY LAUSANNE LEARNING INC. (EIN 81-1806665) 145,677. FUNDRAISING EXPENSES NETTED WITH FUNDRAISING REVENUES 76,994. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID NETTED WITH TUITION REVENUE 3,520,842. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ALL BROCHURES AND NEWSPAPER ADVERTISEMENTS INCLUDE THE SCHOOL'S RACIALLY NONDSCRIMINATORY POLICY. AUCTION 132809 132809 76994 132809 132809 76994 76994 -76994 1 FINANCIAL AID/SCHOLARSHIPS 288 3520842 FMV TUITION DISCOUNT X X 0 0 0 0 0 0 0 0 0 STUART MCCATHIE HEADMASTER 778549 0 0 0 0 0 26000 0 23660 0 828209 0 0 0 TROY GRAHAM BUSINESS MANAGER 139688 0 0 0 0 0 8678 0 14136 0 162502 0 0 0 STUART DUNSTER HEAD OF UPPER SCHOOL 118601 0 0 0 0 0 7356 0 51686 0 177643 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THE HEADMASTER SIGNS THE FORM 990 AND THE BUSINESS MANAGER PERFORMS A CURSORY REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED ANNUALLY BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE HEADMASTER'S COMPENSATION AND CONTRACT ARE NEGOTIATED BY THE EXECUTIVE COMMITTEE OF THE BOARD AFTER AN EVALUATION BY A BOARD COMMITTEE IS PERFORMED. NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) STATISTICS ON HEADMASTER SALARIES BOTH IN TOTAL AND BY REGION AS WELL AS LIMITED SURVEY INFORMATION FOR THE MEMPHIS AREA FROM THE MEMPHIS ASSOCIATION OF INDEPENDENT SCHOOLS (MAIS) AIDS IN THIS DETERMINATION. THE CONTRACT IS A WRITTEN MULTI-YEAR CONTRACT THAT SETS FORTH SALARY INCREASES DURING THE TERM. ALL OTHER SALARIES ARE SET BY THE HEADMASTER. A PROFESSIONAL EMPLOYMENT AGENCY FOR EDUCATIONAL PERSONNEL AS WELL AS MAIS AND COMPARISON TO SHELBY COUNTY SCHOOLS IS USED. FORM 990, PART VI, SECTION C, LINE 19 THE ENTITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E STUDENT ACTIVITES: PROGRAM SERVICE EXPENSES 465,273. MANAGEMENT AND GENERAL EXPENSES 475. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 465,748. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 136,000. TOTAL EXPENSES 136,000. OTHER EXPENSE: PROGRAM SERVICE EXPENSES 108,253. MANAGEMENT AND GENERAL EXPENSES 8,103. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 116,356. DUES & MEMBERSHIPS: PROGRAM SERVICE EXPENSES 66,945. MANAGEMENT AND GENERAL EXPENSES 19,356. FUNDRAISING EXPENSES 4,773. TOTAL EXPENSES 91,074. EQUIPMENT RENTAL: PROGRAM SERVICE EXPENSES 48,376. MANAGEMENT AND GENERAL EXPENSES 13,124. FUNDRAISING EXPENSES 3,984. TOTAL EXPENSES 65,484. PROVISION FOR CREDIT LOSSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 55,424. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 55,424. BANK FEES: PROGRAM SERVICE EXPENSES 9,756. MANAGEMENT AND GENERAL EXPENSES 24,686. FUNDRAISING EXPENSES 1,510. TOTAL EXPENSES 35,952. FORM 990, PART XI, LINE 9: ADOPTION OF ACCOUNTING STANDARDS CODIFICATION TOPIC 326 67,992. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED. LAUSANNE LEARNING INC 1381 W MASSEY ROAD MEMPHIS TN 38120 811806665 CONSULTING SERVICES TO PUBLIC AND INDEPENDENT SCHOOLS TN 501(C)(3) 170(B)(1)(A)(VI) 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 LAUSANNE LEARNING INC D 307260 COST