MONTGOMERY EDUCATION FOUNDATION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
MONTGOMERY EDUCATION FOUNDATION (EIN 46-3586388)
Tax period
2022-10-01 to 2023-09-30
Filed
2024-08-13
IRS object ID
202412269349301021
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-08-13T09:58:57-05:00ReturnTs
Tax Period End2023-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263850881PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LEADINGHAM RODGERS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17001 BROCKPORT COURTAddressLine1Txt
CityMONTGOMERYCityNm
State AbbreviationALStateAbbreviationCd
ZIP36117ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463586388EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MONTGOMERY EDUCATION FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMONTBusinessNameControlTxt
Phone3346471700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15950 CARMICHAEL ROAD RM 101AddressLine1Txt
CityMONTGOMERYCityNm
State AbbreviationALStateAbbreviationCd
ZIP36117ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANN MCKIMMON SIKESPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3346471700PhoneNum
Signature2024-08-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonARTHUR M LEADINGHAM JR CPAPreparerPersonNm
PTINP00347242PTIN
Phone3342703366PhoneNum
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2024-08-08 14:25:15ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerANN MCKIMMON SIKESPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15950 CARMICHAEL ROAD RM 101AddressLine1Txt
CityMONTGOMERYCityNm
State AbbreviationALStateAbbreviationCd
ZIP36117ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,790,880GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MONTGOMERYED.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateALLegalDomicileStateCd
Activity Or MissionMONTGOMERY EDUCATION FOUNDATION PROVIDES RESOURCES AND PROGRAMS THAT SUPPORT ACADEMIC SUCCESS FOR PUBLIC SCHOOLS AND STUDENTS.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee21TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$685,104PYContributionsGrantsAmt
CY Contributions Grants$1,787,305CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$168PYInvestmentIncomeAmt
CY Investment Income$3,575CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$685,272PYTotalRevenueAmt
CY Total Revenue$1,790,880CYTotalRevenueAmt
PY Grants And Similar Paid$6,659PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$660,117PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$955,451CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$4,145CYTotalFundraisingExpenseAmt
PY Other Expenses$156,994PYOtherExpensesAmt
CY Other Expenses$550,050CYOtherExpensesAmt
PY Total Expenses$823,770PYTotalExpensesAmt
CY Total Expenses$1,505,501CYTotalExpensesAmt
PY Revenues Less Expenses-$138,498PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$285,379CYRevenuesLessExpensesAmt
Total Assets BOY$279,516TotalAssetsBOYAmt
Total Assets EOY$473,461TotalAssetsEOYAmt
Total Liabilities BOY$131,806TotalLiabilitiesBOYAmt
Total Liabilities EOY$115,890TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$147,710NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$357,571NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionMONTGOMERY EDUCATION FOUNDATION BELIEVES THAT ALL CHILDREN DESERVE A QUALITY EDUCATION. THE MISSION IS TO PROVIDE PROGRAMS THAT SUPPORT THE GROWTH OF OUR STUDENTS, SCHOOLS AND COMMUNITIES THROUGH PARTNERSHIP AND VOLUNTEERISM.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,032,580ExpenseAmt
DescSTARBASE: IS A HANDS ON LEARNING PROGRAM IN COORDINATION WITH MAXWELL AIR FORCE BASE TO RAISE INTEREST AND IMPROVE BOTH THE KNOWLEDGE AND SKILL SETS OF STUDENTS SPECIFICALLY IN THE AREAS OF SCIENCE, TECHNOLOGY, ENGINEERING AND MATHMATICS (STEM). THIS PROGRAM SERVES STUDENTS WHO ARE HISTORICALLY UNDER REPRESENTED IN STEM FEILDS, STUDENTS WHO LIVE IN URBAN COMMUNITIES, OR RURAL AREAS, WHO ARE SOCIOECONOMICALLY DISADVANTAGED OR PERFORM POORLY IN ACADEMICS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$183,624ExpenseAmt
DescSUMMER LEARNING PROGRAM: ENGAGES MONTGOMERY'S YOUTH DURING THE SUMMER, THROUGH LITERACY & STEM WITH A MULTI-CONCEPT STEM ENRICHMENT LAB AND PROVIDES OPPORTUNITIES FOR CHILDREN TO EXPLORE, HAVE FUN, AND BUILD DEEPER RELATIONSHIPS WITH THEIR PEERS AND TEACHERS DURING THE SUMMER.MGM READS (A SUB-PROGRAM OF SUMMER LEARNING: SEEKS TO PROVIDE AND DISTRIBUTE UNDERSERVED STUDENTS AND FAMILIES IN THE MONTGOMERY COMMUNITY WITH CULTURALLY RELEVANT BOOKS AND LITERACY SUPPORT MATERIALS TO EXTEND LEARNING SUPPORT DURING THE SUMMER.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$82,482ExpenseAmt
DescCHARTER SCHOOLS:THE CHARTER SCHOOL CONVERSION BETWEEN MONTGOMERY EDUCATION FOUNDATION AND MONTGOMERY PUBLIC SCHOOLS AIMS TO ACCELERATE THE LEARNING OPPORTUNITIES, IMPROVE ACADEMIC AND SOCIAL PERFORMANCE, AND IMPLEMENT NEW & SUCCESSFUL INSTRUCTIONAL STRATEGIES FOR STUDENTS AT DAVIS ELEMENTARY, NIXON ELEMENTARY, AND BELLINGRATH MIDDLE SCHOOL. THE CHARTER SCHOOL CONVERSION'S OVERALL OBJECTIVE INCLUDE: 1) FOR EACH SCHOOL TO RISE FROM A FAILING REPORT CARD TO A "C OR ABOVE IN 5 YEARS OR LESS, 2) TO INCREASE FUNDING AND RETAINED FUNDING BY IMPROVING LEARNING AND ACADEMIC PERFORMACE/RESULTS, AND 3) IMPACT A LARGER NUMBER OF STUDENTS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

DescDesc
COMMUNITY ENGAGEMENT: SEEKS TO MOBILIZE COMMUNITY ASSOCIATIONS, PARENT-TEACHER GROUPS AND SCHOOL LEADERSHIP IN OUR PUBLIC SCHOOLS IN ORDER TO SUPPORT THE NEEDS AND CHALLENGES OF BOTH STUDENTS AND EDUCATORS
OTHER PROGRAM SERVICES: TO ACHIEVE AND ACCOMPLISH EDUCATING SOCIO-ECONIMCALLY DISADVANTAGED CHILDREN IN SCHOOL IN MONTGOMERY AND THE SURROUNDING AREA. PORTIONS OF FUNDING ARE ALSO EXPENSED TO PRE-KINDERGARTEN, AND FUNDRAISING IN ORDER TO EXPAND THE EDUCATION OFFERED IN THE ALABAMA SCHOOL SYSTEM, AND HELP FULFILL THE BASIC NEEDS AND SUPPLIES AND QUALITY EDUCATION IN ORDER TO ACCOMPLISH THIS.
FieldValueIRS element (for citing)
Total Program Service Expenses$1,298,686TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document8IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee21EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonANN MCKIMMON SIKESPersonNm
Phone3346471700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15950 CARMICHAEL PLACE SUITE 101AddressLine1Txt
CityMONTGOMERYCityNm
State AbbreviationALStateAbbreviationCd
ZIP36117ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
PAUL HANKINS
CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
DAVE BORDEN
VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
DR MARCUS VANDIVER
SECRETARY/TREASURER1.00Yes (X)Yes (X)$0$0$0
CHARLES JACKSON
BOARD MEMBER0.50Yes (X)$0$0$0
KEESHSA JONES
BOARD MEMBER0.50Yes (X)$0$0$0
CAROLINE NOVAK
BOARD MEMBER0.50Yes (X)$0$0$0
DANYIEL WADKINS
BOARD MEMBER0.50Yes (X)$0$0$0
ANN MCKIMMON SIKES
PRESIDENT45.00Yes (X)$83,570$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$83,570TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$423,624GovernmentGrantsAmt
All Other Contributions$1,363,681AllOtherContributionsAmt
Total Contributions$1,787,305TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,575TotalRevenueColumnAmt
Related Or Exempt Func Income$3,575RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,790,880TotalRevenueColumnAmt
Related Or Exempt Func Income$3,575RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$83,571TotalAmt
Program Services$43,178ProgramServicesAmt
Management And General$37,607ManagementAndGeneralAmt
Fundraising$2,786FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$802,714TotalAmt
Program Services$722,443ProgramServicesAmt
Management And General$80,271ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$69,166TotalAmt
Program Services$44,526ProgramServicesAmt
Management And General$23,776ManagementAndGeneralAmt
Fundraising$864FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$22,613TotalAmt
Program Services$22,613ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$27,672TotalAmt
Program Services$14,305ProgramServicesAmt
Management And General$13,367ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$22,548TotalAmt
Program Services$22,548ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$618TotalAmt
Program Services$443ProgramServicesAmt
Management And General$175ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$52,477TotalAmt
Program Services$38,168ProgramServicesAmt
Management And General$14,309ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$14,321TotalAmt
Program Services$4,276ProgramServicesAmt
Management And General$9,550ManagementAndGeneralAmt
Fundraising$495FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,044TotalAmt
Program Services$5,044ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$4,550TotalAmt
Program Services$2,730ProgramServicesAmt
Management And General$1,820ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$50,149TotalAmt
Program Services$33,433ProgramServicesAmt
Management And General$16,716ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
EQUIPMENT, SUPPLIES, &$207,992$205,946$2,046
PROGRAM EXPENSES$138,836$138,836
EQUIPMENT RENTAL$2,113$2,113
DUES & SUBSCRIPTIONS$1,117$197$920

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,505,501TotalAmt
Program Services$1,298,686ProgramServicesAmt
Management And General$202,670ManagementAndGeneralAmt
Fundraising$4,145FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$12,671BOYAmt
EOY$217,848EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$266,845BOYAmt
EOY$255,613EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,237LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,237LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$279,516BOYAmt
EOY$473,461EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$21,392BOYAmt
EOY$48,845EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$10,426BOYAmt
EOY$22,282EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$90,000BOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$9,988BOYAmt
EOY$44,763EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$131,806BOYAmt
EOY$115,890EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$147,710BOYAmt
EOY$357,571EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$147,710BOYAmt
EOY$357,571EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$279,516BOYAmt
EOY$473,461EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$285,379ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$75,518PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$897,570CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,178,995CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,163,739CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,140,188CurrentTaxYearMinus1YearAmt
Current Tax Year$1,581,672CurrentTaxYearAmt
Total$5,962,164TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$897,570CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,178,995CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,163,739CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,140,188CurrentTaxYearMinus1YearAmt
Current Tax Year$1,581,672CurrentTaxYearAmt
Total$5,962,164TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$5,962,164PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$276CurrentTaxYearMinus1YearAmt
Current Tax Year$3,575CurrentTaxYearAmt
Total$3,851TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$182,500CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$143,139CurrentTaxYearMinus1YearAmt
Current Tax Year$205,633CurrentTaxYearAmt
Total$531,272TotalAmt
FieldValueIRS element (for citing)
Total Support$6,497,287TotalSupportAmt
Public Support CY1700.91760PublicSupportCY170Pct
Public Support PY1700.94360PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:PPP LOAN FORGIVENESS - 2020 AMOUNT: $ 162,500. 2021 AMOUNT: $ 143,139. AL COVID-19 GRANT - 2020 AMOUNT: $ 20,000. ERC RECEIVABLE - 2022 AMOUNT: $ 205,633.
TAX YEAR FOLLOWING SHORT-YEAR END CHANGE:UPON BOARD VOTE, THE FOUNDATION ELECTED TO CHANGE ITS YEAR END TO SEPTEMBER 30, EFFECTIVE SEPTEMBER 30, 2022. THE FOUNDATION HAD NEVER PREVIOUSLY CHANGED ITS ANNUAL ACCOUNTING PERIOD AT ANY TIME, SO IN ADHERENCE TO IRS REVENUE PROCEDURE 85-58, IT WAS EXEMPT FROM FILING FORM 1128: APPLICATION FOR CHANGE IN ACCOUNTING PERIOD. AS SUCH, TWO 2022 FORM 990'S HAVE BEEN SUBMITTED. THE FIRST 2022 990 WAS SUBMITTED ON 8/15/2023 FOR THE SHORT-YEAR RETURN, BEGINNING JANUARY 1, 2022 AND ENDING SEPTEMBER 30, 2022. THE SECOND 2022 990 WILL BE SUBMITTED ON OR BEFORE 8/15/2024 FOR THE FULL-YEAR RETURN, BEGINNING OCTOBER 1, 2022 AND ENDING SEPTEMBER 30, 2023. THE FOUNDATION RECEIVED A NOTICE FROM THE IRS NOTING A DELINQUENCY IN THE SEPTEMBER 30, 2023 TAX RETURN FILING, HOWEVER THE SEPTEMBER 30, 2023 EXTENSION REQUEST WAS ELECTRONICALLY UPLOADED TO THE IRS ON 2/12/2024. WE BELEIVE THERE MAYBE SOME PROCESSING CONFUSION DUE TO THE SECOND 990 FOR THE 2022 TAX YEAR, FOLLOWING THE 2022 SHORT-YEAR RETURN, AND HOPE THIS ALLEVIATES ANY CONFUSION. THE SECOND 2022 EXTENSION REQUEST WITH THE UPLOAD CONFIRMATION DATE HAVE BEEN ATTACHED AS A PDF TO REFERENCE.

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,237OtherCostOrOtherBasisAmt
Depreciation$1,237DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
PAYROLL TAX PAYABLE$5,370
DUE FROM CHARTER SCHOOLS$39,393
FieldValueIRS element (for citing)
Total Liability$44,763TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,790,880TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$1,790,880RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,790,880TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,505,501TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,505,501ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,505,501TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION HAS ADOPTED PROVISIONS OF FASB ASC NO. 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. AS A RESULT OF THE IMPLEMENTATION OF ASC NO. 740, THE ORGANIZATION HAS NOT RECOGNIZED ANY RESPECTIVE LIABILITY FOR UNRECOGNIZED TAX BENEFITS, AS IT HAS NO KNOWN TAX POSITIONS THAT WOULD SUBJECT IT TO ANY MATERIAL INCOME TAX EXPOSURE.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE BOARD REVIEWS THE FINANCIAL STATEMENTS AND 990 FORM BEFORE IT IS FILED.
FORM 990, PART VI, SECTION C, LINE 18THE FOUNDATION'S 990 FORM IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. ANN MCKIMMON SIKES IS THE PRESIDENT WHOM POSSESSES THE FOUNDATION'S BOOKS AND RECORDS AND AND UPON CONTACTING HER, THE FOUNDATION OFFERS ITS 990 UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST, AND FINANICAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. ANN MCKIMMON SIKES IS THE PRESIDENT, WHOM POSSESSES THE FOUNDATION'S BOOKS AND RECORDS AND UPON CONTACTING HER, THE FOUNDATION OFFERS ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. THE BOARD OF DIRECTORS ALSO THROUGOUHLY REVIEWS THESE DOCUMENTS AT THE BOARD MEETINGS.
TAX YEAR FOLLOWING SHORT-YEAR END CHANGE:UPON BOARD VOTE, MONTGOMERY EDUCATION FOUNDATION ELECTED TO CHANGE ITS YEAR END TO SEPTEMBER 30, EFFECTIVE SEPTEMBER 30, 2022. THE FOUNDATION HAD NEVER PREVIOUSLY CHANGED ITS ANNUAL ACCOUNTING PERIOD AT ANY TIME, SO IN ADHERENCE TO IRS REVENUE PROCEDURE 85-58, IT WAS EXEMPT FROM FILING FORM 1128: APPLICATION FOR A CHANGE IN ACCOUNTING PERIOD ON ITS 2022 SHORT-YEAR 990. AS SUCH, TWO 2022 FORM 990'S HAVE BEEN SUBMITTED. THE FIRST 2022 990 WAS SUBMITTED ON 8/15/2023 FOR THE SHORT-YEAR RETURN, BEGINNING JANUARY 1, 2022 AND ENDING SEPTEMBER 30, 2022. THE SECOND 2022 990 IS BEING SUBMITTED ON OR BEFORE 8/15/2024 FOR THE FULL-YEAR RETURN, BEGINNING OCTOBER 1, 2022 AND ENDING SEPTEMBER 30, 2023. THE FOUNDATION RECEIVED A NOTICE (CP259A) FROM THE IRS NOTING A DELINQUENCY IN THE SEPTEMBER 30, 2023 TAX RETURN FILING, HOWEVER THE SEPTEMBER 30, 2023 EXTENSION REQUEST WAS ELECTRONICALLY UPLOADED TO THE IRS ON 2/12/2024. WE BELEIVE THERE MAYBE SOME PROCESSING CONFUSION DUE TO THE SECOND 990'S EXTENSION FOR THE 2022 TAX YEAR, FOLLOWING THE 2022 SHORT-YEAR RETURN, AND HOPE THIS ALLEVIATES ANY CONFUSION. THE SECOND 2022 EXTENSION REQUEST WITH THE UPLOAD CONFIRMATION DATE WERE FAXED TO THE IRS, WITH THE IRS NOTICE ON 7/25/2024. WE SINCERELY APOLOGIZE FOR ANY CONFUSION THIS MAY HAVE CAUSED AND APPRECIATE YOUR TIME AND EFFORTS.

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