2026-04-15T19:21:29-05:00 2025-05-31 620428728 REYNOLDS BONE & GRIESBECK PLC 5100 WHEELIS DRIVE SUITE 300 MEMPHIS TN 381174568 990 2024-06-01 620517292 LAUSANNE COLLEGIATE SCHOOL LAUS 9014741000 1381 W MASSEY RD MEMPHIS TN 381203206 TROY GRAHAM BUSINESS MANAGER 9014741000 2026-04-15 1 0 KELLY S CROW P01519168 9016822431 2026-03-30 2024 2025-03-06 01:10:19Z TROY GRAHAM 1381 W MASSEY RD MEMPHIS TN 381203206 30852908 0 X WWW.LAUSANNESCHOOL.COM X 1952 TN TO PREPARE EACH OF ITS STUDENTS FOR COLLEGE AND FOR LIFE IN A GLOBAL ENVIRONMENT 20 19 272 100 0 0 3714951 2722732 26600647 27266325 566729 36210 -76994 -78442 30805333 29946825 3520842 3384558 0 0 15319442 15933486 0 0 867136 8170345 8248370 27010629 27566414 3794704 2380411 33015195 38142306 4165196 6806891 28849999 31335415 TO PREPARE EACH OF ITS STUDENTS FOR COLLEGE AND FOR LIFE IN A GLOBAL ENVIRONMENT 0 0 22138376 3384558 25467973 PROVIDE EDUCATIONAL SERVICES FOR STUDENTS (PRESCHOOL THROUGH GRADE 12) 422091 476442 CAMP: SUMMER PROGRAMS TO PROVIDE EDUCATIONAL AND ATHLETIC SERVICES TO CHILDREN DURING THE SUMMER MONTHS. 1330089 1321910 AUXILIARY: PROVIDE EDUCATIONAL AND ATHLETIC SERVICES TO CHILDREN DURING AFTER SCHOOL HOURS UNTIL 6 PM. 23890556 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 89 0 1 272 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 TOM KADIEN VP/FINANCE COMMITTEE CHAIR 1.00 X X 0 0 0 REBECCA SCHULTER VP/DEVELOPMENT COMMITTEE CHAIR/SECRETARY 1.00 X X 0 0 0 REBECCA BELZ VP/COMMITTEE ON TRUSTEES 1.00 X X 0 0 0 AMBIKA AHUJA TRUSTEE 1.00 X 0 0 0 JONATHAN CAMPBELL TRUSTEE 1.00 X 0 0 0 SWATI CHOKSHI TRUSTEE 1.00 X 0 0 0 ELEANOR FRENCH TRUSTEE 1.00 X 0 0 0 PRATEEK GUPTA TRUSTEE 1.00 X 0 0 0 DOMINGO HURTADO TRUSTEE 1.00 X 0 0 0 ESPERANZA KING DE NEGLIA TRUSTEE 1.00 X 0 0 0 LARRY MAGDOVITZ TRUSTEE 1.00 X 0 0 0 JANELLE CRANDALL OSOWSKI TRUSTEE 1.00 X 0 0 0 JARED REED TRUSTEE 1.00 X 0 0 0 DAVID RICHARDSON TRUSTEE 1.00 X 0 0 0 COURTNEY SAUNDERS TRUSTEE 1.00 X 0 0 0 DERONDA TERRY TRUSTEE 1.00 X 0 0 0 MARC VAN LIESHOUT TRUSTEE 1.00 X 0 0 0 AMIN ZAKI TRUSTEE 2.00 X 0 0 0 STUART MCCATHIE HEADMASTER 40.00 X X 523867 0 23660 TROY GRAHAM BUSINESS MANAGER 40.00 X 144023 0 22791 STUART DUNSTER HEAD OF UPPER SCHOOL 40.00 X 126780 0 60896 GREG GRABER DIRECTOR OF SOCIAL AND EMOTIONAL LEARNING 40.00 X 124482 0 9819 KARA BARBOUR HEAD OF LOWER SCHOOL 40.00 X 116410 0 16177 CHARLOTTE ALBERTSON DIRECTOR OF DEVELOPMENT AND COMMUNITY ENGAGEMENT 40.00 X 114499 0 34576 THOMAS KEVIN LOCASTRO DIRECTOR OF ATHLETICS AND HEAD FOOTBALL COACH 40.00 X 114220 0 28693 1264281 0 196612 11 0 1 0 ROBINS & MORTON 400 SHADES CREEK PKWY BIRMINGHAM AL 35209 CONSTRUCTION SERVICES 1116918 THE CRUMP FIRM 81 MONROE AVENUE SUITE 100 MEMPHIS TN 38103 ARCHITECTURAL SERVICES 516803 H&B FACILITY SERVICES 144 N BEVERWYCK ROAD LAKE HIAWATHA NJ 07034 JANITORIAL SERVICES 449795 DOUBLE E CONSTRUCTION 1105 CATALINA BAY BLVD GRANBURY TX 76048 CONSTRUCTION SERVICES 315465 LISCO PROPERTY MANAGEMENT 3200 HIGHWAY 193 COLLIERVILLE TN 38017 PROPERTY MAINTENANCE SERVICES 190774 14 142492 238409 2341831 2722732 TUITION AND FEES 611710 24223287 24223287 AUXILIARY 611710 1321910 1321910 CAFETERIA 611710 1244686 1244686 SUMMER PROGRAM 611710 476442 476442 27266325 600368 600368 263483 254382 573259 9101 -573259 -564158 -564158 0 142492 78442 -78442 -78442 29946825 27266325 0 -42232 X 3384558 3384558 723422 622847 80588 19987 11753676 10125312 1298390 329974 471018 405534 52471 13013 2080550 1791297 231770 57483 904820 779025 100796 24999 3855 3855 313040 11345 172428 129267 422504 135094 267930 19480 444068 361343 81252 1473 183468 171797 10366 1305 25495 25011 382 102 1392208 1365756 20883 5569 221595 217385 3324 886 CONTRACT LABOR & SERVIC 2385040 2034235 224479 126326 MATERIAL & SUPPLIES 811348 712400 98948 0 MAINTENANCE EXPENSE 676479 646442 27718 2319 FOOD EXPENSE 646354 645422 932 0 722916 455753 132210 134953 27566414 23890556 2808722 867136 399118 616972 9324245 8968621 1473804 1594951 702087 653486 64770 63872 65719 320045 53138924 29432053 18696147 23706871 1783530 2040461 505775 177027 33015195 38142306 2155147 4645007 1173050 1420480 836999 741404 4165196 6806891 X 24474611 28989000 4375388 2346415 28849999 31335415 33015195 38142306 2380411 105005 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 1581255 74060 170096 71979 18041 3855 1731536 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 0.61807 0.38193 0 0 871047 871047 45830916 29432053 16398863 5964759 5964759 472202 472202 23706871 DUE TO VENDOR 741404 741404 X 27232055 105005 568638 673643 26558412 3855 3384558 3388413 29946825 24461125 283124 283124 24178001 3855 3384558 3388413 27566414 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, 2025 AND 2024. 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) 490,196. FUNDRAISING EXPENSES NETTED WITH FUNDRAISING REVENUES 78,442. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID NETTED WITH TUITION REVENUE 3,384,558. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES REPORTED BY LAUSANNE LEARNING INC. (EIN 81-1806665) 204,682. FUNDRAISING EXPENSES NETTED WITH FUNDRAISING REVENUES 78,442. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID NETTED WITH TUITION REVENUE 3,384,558. 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 142492 142492 78442 142492 142492 78442 78442 -78442 1 FINANCIAL AID/SCHOLARSHIPS 269 3384558 FMV TUITION DISCOUNT X X 0 0 0 0 0 0 0 0 0 STUART MCCATHIE HEADMASTER 523867 0 0 0 0 0 0 0 23660 0 547527 0 0 0 TROY GRAHAM BUSINESS MANAGER 144023 0 0 0 0 0 8641 0 14150 0 166814 0 0 0 STUART DUNSTER HEAD OF UPPER SCHOOL 126780 0 0 0 0 0 7607 0 53289 0 187676 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 239,470. MANAGEMENT AND GENERAL EXPENSES 4,079. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 243,549. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 122,200. TOTAL EXPENSES 122,200. OTHER EXPENSE: PROGRAM SERVICE EXPENSES 117,375. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 117,375. DUES & MEMBERSHIPS: PROGRAM SERVICE EXPENSES 46,264. MANAGEMENT AND GENERAL EXPENSES 18,754. FUNDRAISING EXPENSES 1,735. TOTAL EXPENSES 66,753. EQUIPMENT RENTAL: PROGRAM SERVICE EXPENSES 35,305. MANAGEMENT AND GENERAL EXPENSES 20,287. FUNDRAISING EXPENSES 4,107. TOTAL EXPENSES 59,699. PROVISION FOR CREDIT LOSSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 57,160. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 57,160. BANK FEES: PROGRAM SERVICE EXPENSES 17,339. MANAGEMENT AND GENERAL EXPENSES 31,930. FUNDRAISING EXPENSES 6,911. TOTAL EXPENSES 56,180. 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 C 238409 COST