2025-02-12T14:04:43-06:00 2024-06-30 261180446 THE MARSTON GROUP PLC 1661 INTERNATIONAL DRIVE SUITE 250 MEMPHIS TN 38120 990 2023-07-01 813760198 BELIEVE MEMPHIS ACADEMY INC BELI 9018817970 2230 CORRY ROAD MEMPHIS TN 38106 KENNY GREEN DIRECTOR FINANCE & OPERATIONS 9018817970 2025-01-22 1 0 SUSAN M LATTIMORE P00834343 9017613003 2025-01-22 2023 2025-03-06 01:10:19Z KENNY GREEN 2230 CORRY ROAD MEMPHIS TN 38106 5833604 0 X HTTPS://WWW.BELIEVEMEMPHISACADEMY.ORG/ X 2017 TN BELIEVE MEMPHIS ACADEMY CHARTER SCHOOL PREPARES SCHOLARS IN GRADES K-8 WITH THE ACADEMIC RIGOR, ROBUST SUPPORTS, AND LEADERSHIP DEVELOPMENT NECESSARY TO EXCEL IN HIGH SCHOOL, THRIVE IN COLLEGE, AND LEAD LIVES FULL OF OPPORTUNITY. 8 8 64 40 0 0 5122787 5806219 21488 22356 13284 5029 0 0 5157559 5833604 0 0 0 0 3294023 3671309 0 0 0 2303774 2765608 5597797 6436917 -440238 -603313 8390818 7697196 4855401 4765092 3535417 2932104 BELIEVE MEMPHIS ACADEMY CHARTER SCHOOL PREPARES SCHOLARS IN GRADES K-8 WITH THE ACADEMIC RIGOR, ROBUST SUPPORTS, AND LEADERSHIP DEVELOPMENT NECESSARY TO EXCEL IN HIGH SCHOOL, THRIVE IN COLLEGE, AND LEAD LIVES FULL OF OPPORTUNITY. 0 0 4188267 22356 PROGRAM SERVICES CONSIST OF PROVIDING EDUCATIONAL CURRICULUM AND INSTRUCTION IN AN EFFORT TO DEVELOP ACADEMIC ACUMEN AND LEADERSHIP SKILLS NECESSARY FOR STUDENTS TO EXCEL IN HIGH SCHOOL, THRIVE IN COLLEGE, AND LEAD LIVES FULL OF OPPORTUNITY. 4188267 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 29 0 64 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X THE ORGANIZATION 9018817970 2230 CORRY ROAD MEMPHIS TN 38106 ALICIA NORMAN CHAIR 1.00 X X 0 0 0 BRAD MORITZ SECRETARY 1.00 X X 0 0 0 EVAN STEPHENS BOARD MEMBER 1.00 X 0 0 0 FLORENCE JONES VICE-CHAIR 1.00 X X 0 0 0 JONATHAN TORRES BOARD MEMBER 1.00 X 0 0 0 MICHAEL MASON BOARD MEMBER 1.00 X 0 0 0 DIANE REED BOARD MEMBER 1.00 X 0 0 0 JEREMY TURNER BOARD MEMBER 1.00 X 0 0 0 MATT COWAN EXECUTIVE DIRECTOR 40.00 X 107545 0 0 KENNY GREEN DIRECTOR OF FINANCE & OPERATIONS 40.00 X 71591 0 0 DANNY SONG FORMER EXECUTIVE DIRECTOR 0.00 X 147295 0 0 326431 0 0 2 0 0 0 DURHAM SCHOOL SERVICES LP 2601 NAVISTAR DRIVE LISLE IL 60532 SCHOOL SERVICES 184510 TECHNOLOGY LAB LLC 1829 JO JOHNSTON AVENUE NASHVILLE TN 37203 TECHNOLOGY SERVICES 148713 2 5558488 247731 5806219 EDUCATION CHARGES 611710 22356 22356 22356 5029 5029 5833604 22356 0 5029 X 326431 326431 2652947 1996183 656764 691931 463594 228337 1643871 854609 789262 299480 133850 165630 324921 292429 32492 DEBT SERVICE AND ISSUAN 198837 178953 19884 UTILITIES 183403 165063 18340 OTHER EXPENSES 115096 103586 11510 6436917 4188267 2248650 0 1289647 677919 167590 157921 427499 57892 6853919 917281 5786133 5936638 143995 183579 35579 0 540375 683247 8390818 7697196 303635 256095 220795 54246 4330971 4454751 4855401 4765092 X 3052132 2427104 483285 505000 3535417 2932104 8390818 7697196 -603313 0 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5644107 343826 5300281 493130 137286 355844 330193 272380 57813 386489 163789 222700 5936638 DEFERRED OUTFLOWS 361826 PENSION ASSET 321421 683247 LONG-TERM LIABILITIES 4343825 DEFERRED INFLOWS 110926 4454751 5833604 0 5833604 0 5833604 6436917 0 6436917 0 6436917 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 6 GRANTS RECEIVED FROM THE STATE OF TENNESSEE, SHELBY COUNTY TENNESSEE PER PUPIL ALLOCATION, AND TITLE 1 GRANTS TO LOCAL AGENCIES. FORM 990, PART VI, SECTION B, LINE 11B UPON PREPARATION BY AN INDEPENDENT ACCOUNTING FIRM, THE RETURN IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE DIRECTORS SIGN A STATEMENT ANNUALLY CONFIRMING THEIR COMPLIANCE WITH THE CONFLICTS OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR A POSITION IS DETERMINED AS TO WHAT IS REASONABLE FOR THE EXPERIENCE, EXPERTISE, GEOGRAPHY, AND NEEDS OF THE ORGANIZATION. COMPENSATION IS REVIEWED BY THE BOARD FINANCE COMMITTEE AND DISCUSSED AND VOTED ON AT BOARD MEETINGS. THE RESULTING DECISION IS RECORDED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S TAX DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 854,609. MANAGEMENT AND GENERAL EXPENSES 789,262. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,643,871.