Nonprofit · EIN 58-1382543
PAUL W BARRET JR SCHOOL OF BANKING
Tax-exempt · MEMPHIS, TN 38104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $1,238,503 | $1,301,151 | -$62,648 | $10,795,693 | $433,155 | $10,362,538 |
| August 31, 2024 | 990 | $1,252,113 | $1,267,013 | -$14,900 | $10,268,296 | $402,857 | $9,865,439 |
| August 31, 2023 | 990 | $907,216 | $1,174,234 | -$267,018 | $9,433,432 | $336,187 | $9,097,245 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $5,000
- Program service revenue
- $724,462
- Investment income
- $384,264
- Net gain from sales of assets
- $153,860
- Other revenue
- $124,777
Expenses
- Grants and similar amounts paid
- $35,376
- Compensation of officers, directors and key employees
- $473,116
- Salaries, compensation and benefits (total)
- $551,685
- Professional fundraising fees
- $0
- Accounting fees
- $59,413
- Occupancy
- $68,243
- Travel
- $21,528
- Program services (functional)
- $758,195
- Management and general (functional)
- $542,956
Balance sheet and other
- Total assets, start of year
- $10,268,296
- Total assets, end of year
- $10,795,693
- Total liabilities, end of year
- $433,155
- Net assets, end of year
- $10,362,538
- Net assets without donor restrictions
- $2,110,663
- Net assets with donor restrictions
- $8,251,875
- Gross receipts
- $1,238,503
- Employees
- 3
- Volunteers
- 38
- Year formed
- 1976
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KELLEY CHRISTOPHER M | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $219,930 | $77,979 |
| EARNHEART BYRON | PROGRAMMING DIRECTOR Trustee or director | 40 | $109,640 | $8,000 |
| GORDON ASHLEY | REGISTRAR Trustee or director | 40 | $71,280 | $5,196 |
| NUNLEY JENNIFER | CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| HOBBS MIKE | CHAIRMAN - ELECT Trustee or director, Officer | 0.5 | $0 | $0 |
| SKINNER RAY | IMMEDIATE PAST CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| GERRISH JEFF | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| ANDERSON SHARON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ANGLES KATE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BELLER JOHN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BITTINGER AZA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BREEN ADRIAN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| COGGIN LARRY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DUFOUR DAVID | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| FINNERTY DAVE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
26 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FITE LISA | BOARD MEMBER Trustee or director | 0.5 | $0 |
| GOODRICH RAYMOND | BOARD MEMBER Trustee or director | 0.5 | $0 |
| GOWEN JIM JR | BOARD MEMBER Trustee or director | 0.5 | $0 |
| HERRERA ROBERT | BOARD MEMBER Trustee or director | 0.5 | $0 |
| HUGHES EDNA | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JONES JASON | BOARD MEMBER Trustee or director | 0.5 | $0 |
| KELLY DANNY | BOARD MEMBER Trustee or director | 0.5 | $0 |
| LANORE LINDSAY | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MARKLAND KIM | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MCCLATCHY SAM | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MCNAIR JOHN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MITCHELL SHAWN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MONTGOMERY TAMMY | BOARD MEMBER Trustee or director | 0.5 | $0 |
| PADGETT CHRIS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| PARISI MIKE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| PEARSON RAFEAL | BOARD MEMBER Trustee or director | 0.5 | $0 |
| REBER JIM | BOARD MEMBER Trustee or director | 0.5 | $0 |
| RITTENBERRY JEANIE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| RUGE MATT | BOARD MEMBER Trustee or director | 0.5 | $0 |
| SCARBORO DOUGLAS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ST PIERRE JUSTIN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| STRICKLAND JIM | BOARD MEMBER Trustee or director | 0.5 | $0 |
| TAYLOR TERESA | BOARD MEMBER Trustee or director | 0.5 | $0 |
| UNDERWOOD KATHY | BOARD MEMBER Trustee or director | 0.5 | $0 |
| WALHOOD BRIAN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| WITKOWSKI JOHN | BOARD MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended August 31, 2024: 43 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KELLEY CHRISTOPHER M | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $213,423 | $53,412 |
| EARNHEART BYRON | PROGRAMMING DIRECTOR Trustee or director | 40 | $104,010 | $0 |
| GORDON ASHLEY | REGISTRAR Trustee or director | 40 | $65,227 | $6,636 |
| UNDERWOOD KATHY | BOARD MEMBER Trustee or director | 0.5 | $0 | $250 |
| SKINNER RAY | CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| NUNLEY JENNIFER | CHAIRMAN - ELECT Trustee or director, Officer | 0.5 | $0 | $0 |
| GOWEN JIM JR | IMMEDIATE PAST CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| GERRISH JEFF | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| ANDERSON SHARON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ANGLES KATE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BELLER JOHN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BITTINGER AZA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BREEN ADRIAN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| COGGIN LARRY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DOVER BORIS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DUFOUR DAVID | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| FINNERTY DAVE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| FITE LISA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| GOODRICH RAYMOND | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| HAUGEN BARRY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| HERRERA ROBERT | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| HOBBS MIKE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| HUGHES EDNA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JONES JASON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| KELLY DANNY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| LANORE LINDSAY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MARKLAND KIM | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MCCLATCHY SAM | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MCNAIR JOHN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MITCHELL SHAWN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MONTGOMERY TAMMY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| PADGETT CHRIS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| PARISI MIKE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| REBER JIM | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| RITTENBERRY JEANIE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| RUGE MATT | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| SCARBORO DOUGLAS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ST PIERRE JUSTIN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| STRICKLAND JIM | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| TAYLOR TERESA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| WALHOOD BRIAN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| WITKOWSKI JOHN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| YEAKEL STEVE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
990 for the year ended August 31, 2023: 45 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KELLEY CHRISTOPHER M | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $203,842 | $47,366 |
| EARNHEART BYRON | PROGRAMMING DIRECTOR Trustee or director | 40 | $98,954 | $0 |
| GORDON ASHLEY | REGISTRAR Trustee or director | 40 | $61,717 | $4,012 |
| GOWEN JR JIM S | CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| SKINNER RAY | CHAIRMAN - ELECT Trustee or director, Officer | 0.5 | $0 | $0 |
| WALHOOD BRIAN | IMMEDIATE PAST CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| GERRISH JEFFREY C | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| ANDERSON SHARON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BELLER JOHN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BITTINGER AZA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BREEN ADRIAN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| CLAYTON SHANE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| COGGIN LARRY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DOOLIN WHITNEY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DOVER BORIS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DUFOUR DAVID | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| FINNERTY DAVE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| FITE LISA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| FOLEY LISA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| GOODRICH RAYMOND | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| HANDKE STEVE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| HAUGEN BARRY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| HENSON GENE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| HERRERA ROBERT | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| HOBBS MICHAEL B | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| HUGHES EDNA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| KELLY DANNY J | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| LANORE LINDSAY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MCCLATCHY JR SAM P | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MCNAIR JOHN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MITCHELL SHAWN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MONTGOMERY TAMMY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| NUNLEY JENNIFER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| PADGETT CHRIS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| REBER JAMES L | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| RITTENBERRY JEANIE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| RUGE MATTHEW | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| SCARBORO DOUGLAS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ST PIERRE JUSTIN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| STRICKLAND JIM | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| TAYLOR TERESA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| TIERNEY MIKE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| UNDERWOOD KATHY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| WITKOWSKI JOHN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| YEAKEL STEVE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 650 E PARKWAY S, MEMPHIS, TN 38104-5519
- Principal officer (990 for 2024)
- CHRISTOPHER M KELLEY, 650 EAST PARKWAY SOUTH, MEMPHIS, TN 38104
- Signed the 990
- CHRISTOPHER M KELLEY, EXECUTIVE DIRECTOR
- Phone
- (901) 321-4000
- Website
- WWW.BARRETBANKING.ORG
- Return prepared by
- REYNOLDS BONE & GRIESBECK PLC
Mission
PROVIDING EDUCATION & PROFESSIONAL DEVELOPMENT FOR THE BANKING COMMUNITY
Program accomplishments
- THE PAUL W. BARRET, JR. SCHOOL OF BANKING IS A NON-PROFIT INDEPENDENT SCHOOL CREATED BY AND GOVERNED BY A BOARD OF REGENTS, WHOSE MEMBERS ARE EXECUTIVES FROM BANKS AND OTHER FIRMS INVOLVED WITH THE FINANCIAL SERVICES INDUSTRY. THE MISSION OF THE SCHOOL IS TO PROVIDE AN ADULT LEARNING EXPERIENCE FOR THE CAREER-ORIENTED INDIVIDUAL IN COMMERCIAL BANKING OR A RELATED FINANCIAL SERVICES INDUSTRY BUSINESS.Expenses $758,195 · grants $35,376 · revenue $724,462
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 58-1382543
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1979
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $10,795,693
- Income (IRS master file)
- $1,238,503
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $1,238,503 | $1,301,151 | $10,795,693 | XML |
| 990-T | August 2025 | – | – | – | IRS |
| 990 | August 2024 | $1,252,113 | $1,267,013 | $10,268,296 | XML |
| 990-T | August 2024 | – | – | – | IRS |
| 990 | August 2023 | $907,216 | $1,174,234 | $9,433,432 | XML |
| 990-T | August 2023 | – | – | – | IRS |
| 990 | August 2022 | $1,218,799 | $1,111,570 | $9,132,788 | IRS |
| 990-T | August 2022 | – | – | – | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990-T | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1382543).
Questions about PAUL W BARRET JR SCHOOL OF BANKING
- What is the EIN of PAUL W BARRET JR SCHOOL OF BANKING?
- The employer identification number (EIN) of PAUL W BARRET JR SCHOOL OF BANKING is 58-1382543.
- Is PAUL W BARRET JR SCHOOL OF BANKING tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to PAUL W BARRET JR SCHOOL OF BANKING tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PAUL W BARRET JR SCHOOL OF BANKING file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PAUL W BARRET JR SCHOOL OF BANKING due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PAUL W BARRET JR SCHOOL OF BANKING last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of PAUL W BARRET JR SCHOOL OF BANKING?
- The 990 for the year ended August 31, 2025 names CHRISTOPHER M KELLEY.
- Who are the officers and directors of PAUL W BARRET JR SCHOOL OF BANKING?
- The 990 for the year ended August 31, 2025 lists 41 people; 3 received compensation from the organization, the highest $219,930 (KELLEY CHRISTOPHER M, EXECUTIVE DIRECTOR).
- How much revenue does PAUL W BARRET JR SCHOOL OF BANKING have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $1,238,503, expenses of $1,301,151 and total assets of $10,795,693 at year end.
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