2023-12-13T12:28:22-06:00 2023-07-31 621093134 JOHNSON MURPHEY & WRIGHT PC 301 NORTH MARKET STREET CHATTANOOGA TN 37405 990 2022-08-01 620523361 PUBLIC SCHOOL BIBLE STUDY COMMITTEE PUBL 4236480500 200 W MARTIN LUTHER KING BLVD 30 CHATTANOOGA TN 37402 CATHY SCOTT PRESIDENT 4236480500 2023-12-13 1 CATHY SCOTT 999009999 0 X PAUL JOHNSON III CPA P00932002 4237561170 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BIBLE IN THE SCHOOLS CATHY SCOTT 200 W MLK BLVD STE 300 CHATTANOOGA TN 37402 4328528 0 X WWW.BIBLEINTHESCHOOLS.COM X 1922 TN TO ADVANCE BIBLE EDUCATION FOR STUDENTS IN HAMILTON COUNTY PUBLIC SCHOOLS 37 36 7 25 0 0 4263004 4257741 0 0 -195569 60154 69 37 4067504 4317932 1813564 2245495 0 0 340577 408275 0 0 487260 387902 374693 2542043 3028463 1525461 1289469 4046295 5500669 52099 48323 3994196 5452346 TO ADVANCE BIBLE EDUCATION FOR STUDENTS IN HAMILTON COUNTY PUBLIC SCHOOLS 0 0 2316118 2245495 37 PROVIDE FUNDING FOR BIBLE CLASSES IN THE HAMILTON COUNTY PUBLIC SCHOOLS 2316118 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 37 36 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 TN GA X X SCENIC CITY BUSINESS SOLUTIONS 4237774822 1724 CENTRAL AVENUE CHATTANOOGA TN 37408 TOM GLENN BOARD CHAIRMAN 1.00 X X 0 0 0 BRUCE ZEISER VICE CHAIRMAN 1.00 X X 0 0 0 BEN PITTS SECRETARY 1.00 X X 0 0 0 JOHN HENEGAR TREASURER 1.00 X X 0 0 0 CATHY SCOTT PRESIDENT 50.00 X X 118582 0 0 TERESA WHITTON BOARD MEMBER 1.00 X 0 0 0 BETSY BROWN BOARD MEMBER 1.00 X 0 0 0 NICK BURROWS BOARD MEMBER 1.00 X 0 0 0 THOMAS CLARK BOARD MEMBER 1.00 X 0 0 0 MARY COLEMAN BOARD MEMBER 1.00 X 0 0 0 JOSEPH D NICK DECOSIMO BOARD MEMBER 1.00 X 0 0 0 FRANKLIN FARROW BOARD MEMBER 1.00 X 0 0 0 STEVE FROST BOARD MEMBER 1.00 X 0 0 0 JAY EVERETT BOARD MEMBER 1.00 X 0 0 0 MIKE HARRELL BOARD MEMBER 1.00 X 0 0 0 DR JILL HARTNESS BOARD MEMBER 1.00 X 0 0 0 JOHN HADDOCK BOARD MEMBER 1.00 X 0 0 0 ROB HUFFAKER BOARD MEMBER 1.00 X 0 0 0 LISA HUTCHERSON BOARD MEMBER 1.00 X 0 0 0 JOEY HOGAN BOARD MEMBER 1.00 X 0 0 0 CHRIS MACLELLAN BOARD MEMBER 1.00 X 0 0 0 MORGAN MACLELLAN BOARD MEMBER 1.00 X 0 0 0 BOB MARSHALL BOARD MEMBER 1.00 X 0 0 0 RALPH MOHNEY FORMER PRESIDENT 1.00 X 0 0 0 MIGUEL MORALES JR BOARD MEMBER 1.00 X 0 0 0 DON MORTON BOARD MEMBER 1.00 X 0 0 0 GREG PAWSON BOARD MEMBER 1.00 X 0 0 0 DR GARY PHILLIPS BOARD MEMBER 1.00 X 0 0 0 JOHN PHILLIPS BOARD MEMBER 1.00 X 0 0 0 MINISTER FELICIA PIERCE BOARD MEMBER 1.00 X 0 0 0 OLIVER RICHMOND BOARD MEMBER 1.00 X 0 0 0 TONY DOYLEY BOARD MEMBER 1.00 X 0 0 0 BRITTON STANSELL BOARD MEMBER 1.00 X 0 0 0 MIKE ST CHARLES BOARD MEMBER 1.00 X 0 0 0 MARSHALL BROCK BOARD MEMBER 1.00 X 0 0 0 ELEONORE WILLIAMS BOARD MEMBER 1.00 X 0 0 0 TERNAE JORDAN SR BOARD MEMBER 1.00 X 0 0 0 118582 0 0 1 0 0 0 0 4257741 4257741 70750 70750 10596 -10596 -10596 -10596 OTHER INCOME 611710 37 37 37 4317932 37 0 60154 2245495 2245495 124252 13916 34045 76291 231441 25910 63455 142076 6719 672 2016 4031 22245 2254 6715 13276 23618 2839 5031 15748 9631 9631 64911 12000 28787 24124 43696 43696 77402 2316 13932 61154 11651 11651 16346 16346 11436 64 8836 2536 3551 3551 3285 3285 7680 7680 DEVELOPMENT & EVENTS 100700 1306 4756 94638 CONSTITUENT CARE 9690 9690 14714 9346 5368 3028463 2316118 225085 487260 171196 272912 1105630 1341385 312847 196296 1103 3289 30938 26200 6460 4738 2449059 3682049 4046295 5500669 52099 48323 52099 48323 X 2533294 2833130 1460902 2619216 3994196 5452346 4046295 5500669 1289469 168681 0 X X 0 1 X 1 0 X 1964555 2156522 2611881 4263004 4257741 15253703 1964555 2156522 2611881 4263004 4257741 15253703 4091978 11161725 17481 20445 19101 25021 70750 152798 673 69 37 779 15407280 0.72440 0.73150 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 673. 2021 AMOUNT: $ 69. 2022 AMOUNT: $ 37. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2449059 1170008 205463 142481 3682049 1672922 1090050 -196864 117049 2449059 1148200 275150 289612 40040 1672922 1069610 45000 60222 26632 1148200 762784 315000 35053 43227 1069610 0.34196 0.62729 0.03075 1 0 30938 26200 4738 4738 EQUITY SECURITIES AT THE GENEROSITY TRUST 3682049 F 3682049 X 4486613 168681 168681 4317932 0 4317932 3028463 0 3028463 0 3028463 PART V, LINE 4: THE TEMPORARILY RESTRICTED ENDOWMENT ASSETS INCLUDE AN AMOUNT OF $65,057 TO FUND THE "BAIRD MCCLURE" TEACHER ON AN ANNUAL BASIS. PERMANENTLY RESTRICTED FUNDS OF $2,357,863 FOR THE FINANCIAL SUSTAINABILITY ENDOWMENT TO BE KEPT IN PERPETUITY. BOARD DESIGNATED FUNDS OF $1,259,129 WERE USED TO SET UP A FUND DESIGNATED TO FUNCTION AS AN ENDOWMENT. THIS FUND WILL BE INVESTED AS DIRECTED BY THE BOARD AND AVAILABLE FOR WITHDRAWAL ONLY AS DIRECTED BY THE BOARD. PART X, LINE 2: THE ENTITY ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE LIKELY THAN NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFITS ARE ESTIMATED BASED ON THE CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. TAX POSITIONS FOR THE ENTITY INCLUDE, BUT ARE NOT LIMITED TO, THE TAX-EXEMPT STATUS AND DETERMINATION OF WHETHER INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX. BASED ON ITS EVALUATION, THE ENTITY HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. THE ENTITY'S EVALUATION WAS PERFORMED FOR TAX YEARS ENDED JULY 31, 2020 THROUGH JULY 31, 2023, FOR FEDERAL INCOME TAX, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION BY MAJOR JURISDICTIONS AS OF JULY 31, 2023 1 HAMILTON COUNTY TN DEPARTMENT OF EDUCATION 3074 HICKORY VALLEY RD CHATTANOOGA TN 37421 626000638 2245495 0 CASH- BOOK VALUE SALARY AND BENEFITS FOR 32 BIBLE TEACHERS DURING THE 2022-2023 SCHOOL YEAR. PART I, LINE 2: THE FUNDS ARE USED TO REIMBURSE HAMILTON COUNTY TN DEPARTMENT OF EDUCATION FOR THE SALARIES & BENEFITS OF THEIR EMPLOYEES WHO TEACH BIBLE TAUGHT ONLY IN SCHOOLS THAT REQUEST A TEACHER AND WHEN PRIVATE FUNDING IS AVAILABLE. THE TEACHERS ARE LICENSED AND CERTIFIED BY THE STATE OF TENNESSEE AND HAVE COMPLETED 12 SEMESTER HOURS OF BIBLE COURSES AS PART OF THEIR COLLEGE EDUCATION. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING BOARD MEMBERS HAVE A FAMILY RELATIONSHIP: CHRIS MACLELLAN IS THE FATHER OF MORGAN MACLELLAN. STEVE FROST IS THE FATHER IN LAW OF JOHN HADDOCK. FORM 990, PART VI, SECTION B, LINE 11B IT IS THE PUBLIC SCHOOL BIBLE STUDY COMMITTEE'S POLICY THAT THE TREASURER WILL REVIEW THE IRS FORM 990 PRIOR TO ITS FILING AND MAKE COPIES AVAILABLE TO THE BOARD OF DIRECTORS FOR THEIR REVIEW IN ADVANCE OF THE FILING WITH THE IRS. THE MEANS OF DELIVERY SHALL BE BY HARD COPY OR EMAIL TO EACH DIRECTOR'S MAILING OR EMAIL ADDRESS. FORM 990, PART VI, SECTION B, LINE 12C THE PRESIDENT ENSURES THAT ALL BOARD MEMBERS, OFFICERS, AGENTS, EMPLOYEES, AND INDEPENDENT CONTRACTORS OF THE ORGANIZATION ARE MADE AWARE OF THE ORGANIZATION'S POLICY WITH RESPECT TO CONFLICTS OF INTEREST. BOARD MEMBERS COMPLETE IT ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 IN REVIEWING AND APPROVING COMPENSATION OF ANY "COVERED INDIVIDUALS," THE PUBLIC SCHOOL BIBLE STUDY COMMITTEE BOARD OF DIRECTORS, OR A DELEGATED COMMITTEE OF THE BOARD (REFERRED TO AS THE "APPROVAL BOARD" BELOW), WILL UTILIZE THE FOLLOWING PROCESS: 1. IMPARTIAL DECISION MAKERS. THE COMPENSATION ARRANGEMENT IS APPROVED IN ADVANCE BY THE APPROVAL BODY COMPOSED ENTIRELY OF INDIVIDUALS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT. 2. COMPARABILITY DATA. WHEN THE APPROVAL BODY IS CONSIDERING COMPENSATION TO COVERED INDIVIDUALS, IT RELIES ON COMPARABILITY DATA THAT DEMONSTRATE THE FAIR MARKET VALUE OF THE COMPENSATION IN QUESTION. 3. CONCURRENT DOCUMENTATION. THE APPROVAL BODY DOCUMENTS HOW IT REACHED ITS DECISIONS, INCLUDING THE DATA ON WHICH IT RELIED. TO QUALIFY AS CONCURRENT DOCUMENTATION, WRITTEN OR ELECTRONIC RECORDS OF THE APPROVAL BODY MUST NOTE: A. THE TERMS OF THE COMPENSATION AND THE DATE IT WAS APPROVED. B. THE MEMBERS OF THE APPROVAL BODY WHO WERE PRESENT AND THOSE WHO VOTED ON IT. C. THE COMPARABILITY DATA OBTAINED AND RELIED UPON AND HOW THE DATA WAS OBTAINED. D. ANY ACTIONS TAKEN WITH RESPECT TO CONSIDERATION OF THE COMPENSATION BY ANYONE WHO IS OTHERWISE A MEMBER OF THE APPROVAL BODY BUT WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE DECISION ON THE COMPENSATION. COMPENSATION IS APPROVED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 IF THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY OF THE PUBLIC SCHOOL BIBLE STUDY COMMITTEE ARE SUBJECT TO THE FEDERAL PUBLIC DISCLOSURE RULES (OR STATE PUBLIC DISCLOSURE RULES), THESE DOCUMENTS WILL BE MADE PUBLICLY AVAILABLE AS APPLICABLE LAW MAY REQUIRE. OTHERWISE, THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY WILL BE PROVIDED TO THE PUBLIC AT THE DISCRETION OF MANAGEMENT. THE FORM 990 IS MADE AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORMS 990, PART XII, LINE 2C THE PROCESS OF SELECTING AN INDEPENDENT AUDITOR AND OVERSEEING THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.