2024-05-10T08:43:21-05:00 2023-06-30 631035228 JACKSON THORNTON & CO PC PO BOX 96 MONTGOMERY AL 361010096 990 2022-07-01 630401358 THE MONTGOMERY ACADEMY MONT 3342728210 3240 VAUGHN ROAD MONTGOMERY AL 36106 STEVE DAVIDSON PRESIDENT 3342728210 2024-05-09 1 STEVE DAVIDSON 999009999 0 CHRISTINE K COOK P00537690 3348347660 2024-05-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEVE DAVIDSON 3240 VAUGHN ROAD MONTGOMERY AL 36106 12252376 0 X WWW.MONTGOMERYACADEMY.ORG X 1959 AL COLLEGE PREPATORY SCHOOL KINDERGARTEN THROUGH GRADE 12. 23 23 292 55 0 0 913758 683949 10866432 11360588 3021 1110 336600 206475 12119811 12252122 745030 836876 0 0 6889968 7252251 0 0 238350 4339424 5252525 11974422 13341652 145389 -1089530 22690741 21418403 11902809 11720001 10787932 9698402 THE MONTGOMERY ACADEMY DEVELOPS LEADERS COMMITTED TO HONOR, SCHOLARSHIP, SERVICE AND THE PURSUIT OF EXCELLENCE. 0 0 11375819 836876 11360588 COLLEGE PREPARATORY SCHOOL, KINDERGARTEN THROUGH GRADE 12 11375819 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 103 0 292 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 1 0 X DEREK DUBOSE 3342728210 3240 VAUGHN ROAD MONTGOMERY AL 36106 ALEX CAROTHERS TRUSTEE 1.00 X 0 0 0 CADE ARMSTRONG TRUSTEE 1.00 X 0 0 0 COURTNEY WILLIAMS TRUSTEE - SECRETARY-TREASU 1.00 X X 0 0 0 DELECIA MCINTYRE TRUSTEE 1.00 X 0 0 0 BRIAN GARY TRUSTEE 1.00 X 0 0 0 BLAKE HORNE TRUSTEE 1.00 X 0 0 0 OWEN ARONOV TRUSTEE 1.00 X 0 0 0 PETER SELMAN TRUSTEE - VICE-PRESIDENT 1.00 X X 0 0 0 ASHLEY MCDANIEL TRUSTEE 1.00 X 0 0 0 STEVE DAVIDSON TRUSTEE - PRESIDENT 1.00 X X 0 0 0 TEMPLE MILLSAP TRUSTEE 1.00 X 0 0 0 WADE SEGREST TRUSTEE 1.00 X 0 0 0 MILLIE HOUSTON TRUSTEE 1.00 X 0 0 0 CLARK SAHLIE TRUSTEE 1.00 X 0 0 0 RODNEY SMITH TRUSTEE 1.00 X 0 0 0 LYNN BESHEAR TRUSTEE 1.00 X 0 0 0 STEPHEN DEES TRUSTEE 1.00 X 0 0 0 JORDAN MCBRIDE TRUSTEE 1.00 X 0 0 0 PAMELA TUCK TRUSTEE 1.00 X 0 0 0 JO MOORE TRUSTEE 1.00 X 0 0 0 JOHNNY RAINES III TRUSTEE 1.00 X 0 0 0 PHELPS REID TRUSTEE 1.00 X 0 0 0 LOUISA TOLENTINO-PROSSER TRUSTEE 1.00 X 0 0 0 JOHN MCWILLIAMS HEAD OF SCHOOL 40.00 X 213333 0 19179 DEREK DUBOSE CHIEF FINANCIAL OFFICER 40.00 X 92606 0 7237 305939 0 26416 1 0 1 0 0 683949 27256 683949 TUITION & FEES 611710 10443124 10443124 AUXILLIARY SERVICES 611710 484227 484227 CAMPS & OTHER PROGRAMS 611710 289678 289678 ATHLETIC REVENUE 611710 143559 143559 11360588 1364 1364 160 94 -160 -94 -254 -254 GAIN/(LOSS) ON INTEREST RATE SWAP 523000 206475 206475 206475 12252122 11360588 0 207585 836876 836876 343408 127061 171704 44643 5492417 5015954 381497 94966 328706 284809 35040 8857 681541 559016 117032 5493 406179 362280 35062 8837 43900 43900 113966 2863 95672 15431 142878 46885 93576 2417 1064308 983314 80994 27821 27821 387828 387828 942168 861501 80667 109408 53540 55868 AUXILIARY SERVICES 917803 917803 DEPARTMENT EXPENSES 437878 437878 ATHLETIC EXPENSE 306083 306083 FACULTY RECRUITMENT 226115 226115 532369 353841 120822 57706 13341652 11375819 1727483 238350 3836290 2383108 200000 200000 280783 272361 681729 871938 98734 56990 149408 132482 42633061 25337354 17216051 17295707 227746 205817 22690741 21418403 917698 1140284 3531770 3449900 7234323 6925152 219018 204665 11902809 11720001 X 9988784 8921298 799148 777104 10787932 9698402 22690741 21418403 -1089530 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5001987 14289 650041 10641 5655676 6007099 13673 -1015785 3000 5001987 4526492 16360 1473508 9261 6007099 4324424 21180 186637 5749 4526492 4250403 11288 240824 178091 4324424 0.70940 0.29060 0 1 1 4436584 4436584 32785984 20657378 12128606 4779025 4129804 649221 631468 550172 81296 17295707 DUE TO AGENCIES 113656 DUE TO FOUNDATION 91009 204665 X PART V, LINE 4: SUPPORT THE EDUCATIONAL PURPOSE OF THE ORGANIZATION PART X, LINE 2: MANAGEMENT EVALUATED THE ACADEMY'S TAX POSITIONS AND CONCLUDED THAT THE ACADEMY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PUBLISHED IN THE LOCAL NEWSPAPER AND VARIOUS OTHER PRINT AND ELECTRONIC MEDIA 1 0 TUITION ASSISTANCE 117 836876 PART I, LINE 2: FUNDS ARE MADE AVAILABLE TO PROVIDE TUITION ASSISTANCE TO STUDENTS WHO HAVE A FINANCIAL NEED. NO OTHER CRITERIA IS REQUIRED PROVIDED THE STUDENT IS ACCEPTED TO THE ACADEMY BASED ON THEIR ACADEMIC QUALIFICATIONS. 0 0 0 0 0 0 0 0 0 JOHN MCWILLIAMS HEAD OF SCHOOL 213333 0 0 0 0 0 14875 0 4304 0 232512 0 0 0 A THE MONTGOMERY ACADEMY 630401358 2017-09-19 8537877 CONSTRUCTION 0 1 0 A 2008 0 0 0 0 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 X 7 27256 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B COMMITTEES MAKE MONTHLY ORAL REPORTS AT THE ORGANIZATION'S BOARD MEETING. THESE REPORTS ARE MEMORIALIZED IN WRITTEN MINUTES OF EACH BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE OPERATES AS THE AUDIT COMMITTEE. IT MEETS ANNUALLY WITH THE AUDIT FIRM TO REVIEW THE AUDITED FINANCIAL STATEMENTS IN DETAIL. THE AUDIT FIRM THEN PREPARES THE FORM 990 FROM THE INFORMATION IT HAS OBTAINED THROUGH THE AUDIT AND REVIEWED WITH THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS ASKED TO REVIEW AND SIGN A CONFLICT OF INTEREST POLICY EVERY YEAR. THIS PUTS THE BOARD MEMBER ON NOTICE OF THEIR CONTINUING OBLIGATION THROUGHOUT THE YEAR. A PRESENTATION ON THE CONFLICT OF INTEREST POLICY IS GIVEN AT THE ANNUAL BOARD RETREAT. NEW MEMBERS ARE INSTRUCTED ON THE POLICY AS PART OF THEIR NEW MEMBER ORIENTATION. THROUGH OUT THE YEAR, ATTENTION IS PAID TO IDENTIFY POTENTIAL CONFLICTS THAT WOULD PREVENT A BOARD MEMBER FROM VOTING ON A MATTER. IF SUCH A MATTER ARISES, THE BOARD MEMBER ABSTAINS FROM THE VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S SALARY IS DETERMINED BY USING BENCHMARK DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS AND NEGOTIATIONS BETWEEN THE HEAD OF SCHOOL AND THE BOARD PRESIDENT, VICE PRESIDENT AND TREASURER. FORM 990, PART VI, SECTION C, LINE 19 THE PUBLIC PORTION OF FORM 990 IS AVAILABLE UPON WRITTEN REQUEST TO ANYONE WHO REQUESTS A COPY. IT CAN ALSO BE FOUND ON VARIOUS WEBSITES ON THE INTERNET. THE 990 IS PREPARED USING AUDITED FINANCIAL STATEMENTS. ALL FINANCIAL INFORMATION IS AVAILABLE THROUGH THAT DOCUMENT. OTHER DOCUMENTS ARE NOT REQUIRED BY LAW TO BE PUBLICLY AVAILABLE. THE MONTGOMERY ACADEMY FOUNDATION 3720 VAUGHN ROAD MONTGOMERY AL 36106 431978408 TO SUPPORT THE EDUCATIONAL PURPOSE OF THE MONTGOMERY ACADEMY AL 501(C)3 509(A)(3) TYPE 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0