2025-02-07T15:52:37-06:00 2024-06-30 640903390 GRANTHAMPOOLE PLLC 1062 HIGHLAND COLONY PKWY STE 201 RIDGELAND MS 39157 990 2023-07-01 570889451 JACKSON PREPARATORY SCHOOL FOUNDATION JACK 6019398611 3100 LAKELAND DRIVE FLOWOOD MS 39232 FORREST ASHWORTH CHIEF OPERATING OFFICER 6019398611 2025-01-14 1 0 ROBERT A CUNNINGHAM CPA P00019428 6014992400 2025-01-13 2023 2025-03-06 01:10:19Z FORREST ASHWORTH 3100 LAKELAND DRIVE JACKSON MS 39232 15051980 0 X WWW.JACKSONPREP.NET X 1989 MS JACKSON PREPARATORY SCHOOL FOUNDATION OPERATES A PRIVATE SCHOOL SERVING STUDENTS IN HINDS, MADISON, AND RANKIN COUNTIES. 18 18 211 100 0 0 2031593 1730810 10764788 11328017 307902 514347 157450 299155 13261733 13872329 0 0 0 0 7526677 9097046 0 0 268827 5861346 6269087 13388023 15366133 -126290 -1493804 43731695 45274404 17622019 20259826 26109676 25014578 JACKSON PREPARATORY SCHOOL INSPIRES AND CHALLENGES STUDENTS TOWARD ACADEMIC, ATHLETIC, AND ARTISTIC EXCELLENCE, INSTILLS PERSONAL INTEGRITY THROUGH BIBLICAL VALUES, AND EQUIPS STUDENTS TO PURSUE LIVES OF DISTINCTION IN SERVICE TO SOCIETY. 0 0 11352242 11496214 JACKSON PREPARATORY SCHOOL FOUNDATION PROVIDES EDUCATION TO APPROXIMATELY 799 STUDENTS ELEMENTARY THROUGH HIGH SCHOOL. VARIOUS STUDENT ACTIVITIES ARE ALSO OFFERED. 11352242 1 1 0 0 0 1 0 0 0 1 1 1 0 0 1 1 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 131 0 1 211 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MS X FORREST ASHWORTH 6019398611 3100 LAKELAND DRIVE FLOWOOD MS 39208 X JOE STRADINGER VICE PRESIDENT 1.00 X X 0 0 0 SAMUEL H LOVE SECRETARY 1.00 X X 0 0 0 LOU ANN FLATGARD BOARD MEMBER 1.00 X 0 0 0 CHRIS MADDUX PRESIDENT 1.00 X X 0 0 0 THOMAS MACK MITCHELL TREASURER 1.00 X X 0 0 0 JIM COGGIN JR BOARD MEMBER 1.00 X 0 0 0 WILL WALKER EX-OFFICIO 1.00 X X 0 0 0 ROBERT LAMPTON BOARD MEMBER 1.00 X 0 0 0 DUDLEY D WOOLEY BOARD MEMBER 1.00 X 0 0 0 JAYDA BOGAN-FOUNTAIN BOARD MEMBER 1.00 X 0 0 0 LEIGH REEVES BOARD MEMBER 1.00 X 0 0 0 KIMBERLY NICHOLS BOARD MEMBER 1.00 X 0 0 0 MARY ELIZABETH UPTON VICE PRESIDENT 1.00 X X 0 0 0 MARY B TAYLOR BOARD MEMBER 1.00 X 0 0 0 AMANDA PUCKETT BOARD MEMBER 1.00 X 0 0 0 JET HOLLINGSOWRTH BOARD MEMBER 1.00 X 0 0 0 DERON R HARMON BOARD MEMBER 1.00 X 0 0 0 DANA WILSON BOARD MEMBER 1.00 X 0 0 0 DENNY BRITT CHIEF OPERATING OFFICER 40.00 X 152595 0 7798 LUKE NEALEY ASSISTANT HEAD/HEAD OF HS 40.00 X 116878 0 7022 LAWRENCE COCO HEAD OF SCHOOL 40.00 X 249528 0 9221 CRISLER BOONE CHIEF EXTERNAL AFFAIRS OFF 40.00 X 155342 0 7335 674343 0 31376 4 0 1 0 0 1730810 1730810 TUITION & FEES 611600 10573777 10573777 MEMBERSHIP 611710 248250 248250 WORKSHOP & STUDENT FEES 611710 237005 237005 ATHLETIC EVENTS & FEES 611710 174405 174405 MISC. PROGRAM INCOME 611710 94580 94580 11328017 315096 315096 1098938 899687 199251 199251 199251 163642 32684 130958 130958 415477 247280 168197 168197 13872329 11496214 0 645305 7792846 5488500 2106596 197750 141041 101782 35873 3386 594273 428855 151150 14268 568886 410661 144639 13586 90291 90291 143970 143970 146397 45907 64509 35981 321321 275533 45788 11861 11861 714439 714439 1991777 1903460 88317 OTHER SCHOOL ACTIVITIES 976283 976283 INSURANCE AND TAXES 343937 318318 24251 1368 UTILITIES 314938 293210 20468 1260 ATHLETIC PROGRAM 268151 268151 945722 697612 246882 1228 15366133 11352242 3745064 268827 3562073 4822356 2132880 1124808 530058 280623 100000 275000 604063 580841 481555 472650 54831505 23843028 30206150 30988477 5280812 5657459 834104 1072190 43731695 45274404 773121 527491 2369777 2696742 14479121 16857726 0 177867 17622019 20259826 X 20532487 18798187 5577189 6216391 26109676 25014578 43731695 45274404 X -1493804 327989 70717 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 164528 50547 5517300 1 1 164528 646915 0 50547 18726 5517300 4155746 547810 453816 0 49811 17825 5089737 4314433 503070 -583929 6706 53600 17522 4155746 3390599 102551 903546 13187 65765 16497 4314433 3374878 6800 78826 110 54445 15350 3390599 0.50000 0.34000 0.16000 0 0 29492596 9724410 19768186 25338909 14118618 11220291 30988477 SECURITIES AND OTHER INVESTMENTS 5657459 F 5657459 OPERATING LEASE, CURRENT 50747 OPERATING LEASE, NET OF CURRENT 127120 177867 X 14386158 327989 185840 513829 13872329 0 13872329 15646097 279964 279964 15366133 0 15366133 PART V, LINE 4: VARIOUS: INCOME FROM THE DONOR DESIGNATED ENDOWMENTS WILL BE USED FOR DONOR DESIGNATED PURPOSE. PART X, LINE 2: THE FOUNDATION HAS EVALUATED ITS UNCERTAIN TAX POSITIONS AND RELATED INCOME TAX CONTINGENCIES AND FEELS IT IS NOT MATERIAL TO THE FINANCIAL STATEMENTS. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES ARE INCLUDED IN OPERATING EXPENSES, IF INCURRED. RETURNS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THEY ARE FILED. AS OF JUNE 30, 2024, THE FOUNDATION'S TAX RETURNS FOR 2023, 2022 AND 2021 ARE SUBJECT TO REVIEW. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED OUT OF REVENUE 247,280. FUNDRAISING EXPENSES NETTED OUT OF REVENUE 32,684. DECREASE IN EQUITY OF SUBSIDIARY -94,124. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED OUT OF REVENUE 247,280. FUNDRAISING EXPENSES NETTED OUT OF REVENUE 32,684. ROUNDING 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 BROCHURES, NEWSPAPER, OTHER MEDIA OUTLETS PREP FEST 163642 163642 1620 14604 4005 12455 163642 163642 1620 14604 4005 12455 32684 130958 X 1 1 X X X X X 1 0 0 0 0 0 0 0 0 LAWRENCE COCO HEAD OF SCHOOL 209928 0 39600 0 0 0 0 0 9221 0 258749 0 0 0 CRISLER BOONE CHIEF EXTERNAL AFFAIRS OFF 131342 0 24000 0 0 0 0 0 7335 0 162677 0 0 0 DENNY BRITT CHIEF OPERATING OFFICER 140595 0 12000 0 0 0 0 0 7798 0 160393 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PRESENTED TO THE FINANCE AND AUDIT COMMITTEE AND THE GOVERNING EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C REVIEWS SHALL BE CONDUCTED ANNUALLY AND, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: (1) WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE AND ARE THE RESULT OF ARM'S-LENGTH BARGAINING; AND (2) WHETHER ACQUISITIONS OR DISPOSITIONS OF PROPERTY RESULT IN INUREMENT OR IMPERMISSIBLE PRIVATE BENEFIT. ANY POTENTIAL CONFLICT OF INTEREST CONCERNS ARE DISCLOSED TO THE EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO ANY POTENTIAL ENGAGEMENT TO ASSURE THERE IS NO CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR DETERMINING COMPENSATION FOR THE HEAD OF SCHOOL. THE COMMITTEE UTILIZES COMPENSATION DATA AND COMPARISONS THROUGH COMPENSATION SURVEYS AND 990 COMPARISONS. THE COMPENSATION OFFER IS COMMUNICATED THROUGH A WRITTEN CONTRACT WITH THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: DECREASE IN EQUITY OF SUBSIDIARY -94,124. NET ASSETS ASSIGNED TO MEADOWBROOK PRESCHOOL, LLC AT BEGINNING OF THE YEAR 164,841. FORM 990, PART XI, LINE 2C THE FINANCE AND AUDIT COMMITTEE OVERSEES THE AUDIT OF THE FINANCIAL STATEMENTS. IT IS A SUBCOMMITTEE OF THE BOARD. MEADOWBROOK PRESCHOOL LLC LAKELAND TERRACE JACKSON MS 39216 OPERATION OF PRESCHOOL MS 62242 304240 JACKSON PREPARATORY SCHOOL FOUNDATION JACKSON PREPARATORY SCHOOL INC PO BOX 4940 JACKSON MS 39216 640500038 OWNERSHIP OF EDUCATIONAL RELATED BUILDINGS MS C -55655 1433582 0.91000 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 JACKSON PREPARATORY SCHOOL INC K 246900 FMV