2024-11-15T15:16:28-06:00 2023-12-31 943108253 NOVOGRADAC & COMPANY LLP 8000 MARYLAND AVE SUITE 550 CLAYTON MO 63105 990 2023-01-01 460858069 BARTON ACADEMY FOUNDATION BART 2514348498 PO BOX 571 MOBILE AL 36601 SCHLEY RUTHERFORD PRESIDENT 2514348498 2024-11-15 1 0 THOMAS A BOMAN P00649119 3146213471 2023 2024-10-15 13:58:12Z SCHLEY RUTHERFORD PO BOX 571 MOBILE AL 36601 171723 0 X WWW.BARTONACADEMY.ORG X 2013 AL TO ASSIST THE MOBILE COUNTY PUBLIC SCHOOL SYSTEM IN THE PRESERVATION AND RESTORATION OF BARTON ACADEMY AND THE SURROUNDING CAMPUS, AND TO ENCOURAGE THE CONTINUED USE AS A FACILITY DEDICATED TO ITS HISTORIC EDUCATIONAL MISSION. 12 12 0 0 0 0 8518 5032 0 0 158722 166690 2396981 1 2564221 171723 5000 0 0 0 0 0 0 0 2500 411920 91568 416920 91568 2147301 80155 11202408 11304366 1604349 2556365 9598059 8748001 TO ASSIST THE MOBILE COUNTY PUBLIC SCHOOL SYSTEM IN THE PRESERVATION AND RESTORATION OF BARTON ACADEMY AND THE SURROUNDING CAMPUS, AND TO ENCOURAGE THE CONTINUED USE AS A FACILITY DEDICATED TO ITS HISTORIC EDUCATIONAL MISSION. 0 0 59726 DIRECT EXPENSE RELATED TO THE RESTORATION AND ADMINISTRATION OF THE FUNDS AVAILABLE FOR BARTON ACADEMY. 59726 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 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 1 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X SCHLEY RUTHERFORD 2514348498 PO BOX 571 MOBILE AL 36601 X JAIME BETGEZE BOARD MEMBER 2.00 X 0 0 0 R ALLAN GUSTIN SECRETARY/TREASURER 2.00 X X 0 0 0 KAREN OUTLAW ATCHISON BOARD MEMBER 2.00 X 0 0 0 JOHN S RUTHERFORD JR FIRST VICE-PRESIDENT 5.00 X X 0 0 0 MARTHA PEEK BOARD MEMBER 2.00 X 0 0 0 ELIZABETH P STEVENS PRESIDENT 5.00 X X 0 0 0 DR CAROLYN LEE TAYLOR BOARD MEMBER 2.00 X 0 0 0 IRVIN GRODSKY BOARD MEMBER 2.00 X 0 0 0 JOHN D PEEBLES BOARD MEMBER 2.00 X 0 0 0 GERI MOULTON BOARD MEMBER 2.00 X 0 0 0 STEPHEN CARTER SECOND VICE-PRESIDENT 2.00 X X 0 0 0 CHRESAL D THREADGILL BOARD MEMBER 2.00 X 0 0 0 0 0 0 0 0 0 0 0 5032 5032 166690 166690 1 0 1 1 1 171723 166691 0 0 13400 13400 13279 13279 2675 2675 4607 4607 147 147 18288 18288 23096 23096 CONSULTANTS 13241 13241 FUNDRAISING 2500 2500 DUES & SUBSCRIPTIONS 334 334 MISCELLANEOUS 1 1 91568 59726 29342 2500 1673660 1888800 10229 108987 1493 435000 435000 8947900 8947900 16582 17016 10050 14157 11202408 11304366 14247 34453 1590102 1590102 0 931810 1604349 2556365 X 5485444 4630354 4112615 4117647 9598059 8748001 11202408 11304366 X 80155 -399913 -530300 X X 0 1 X 1 0 X 942721 3911202 76704 8518 5032 4944177 942721 3911202 76704 8518 5032 4944177 4944177 11744 136493 163513 158722 166690 637162 5581339 0.88580 0.92810 X 0 PASS-THROUGH LOSS ON INVESTMENT IN LOWER-TIER PARTNERSHIPS 931810 931810 X 173274 1551 1551 171723 0 171723 623419 531851 531851 91568 0 91568 PART X, LINE 2: BARTON ACADEMY FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRS), AND SIMILAR PROVISIONS OF ALABAMA LAW. AS SUCH, THE FOUNDATION IS NOT TAXED ON INCOME DERIVED FROM ITS EXEMPT FUNCTIONS. HOWEVER, THE FOUNDATION IS SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, WHICH IS GENERATED FROM THE FOUNDATIONS INVESTMENT INCOME AND OTHER ACTIVITIES NOT RELATED TO THEIR STATED EXEMPT PURPOSES. THE FOUNDATION HAD NO SIGNIFICANT DEFERRED INCOME TAX ASSETS OR LIABILITIES AS OF DECEMBER 31, 2023. THE FOUNDATION HAS EVALUATED ITS TAX POSITIONS FOR ALL OPEN TAX YEARS. CURRENTLY, THE TAX YEARS OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ARE THE 2020, 2021, AND 2022 TAX YEARS. HOWEVER, THE FOUNDATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE FOUNDATION BEEN CONTACTED BY ANY JURISDICTION. BASED ON THE EVALUATION OF THE FOUNDATION'S TAX POSITIONS, MANAGEMENT BELIEVES ALL TAX POSITIONS TAKEN WOULD BE UPHELD UNDER EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAVE BEEN RECORDED FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCOME AND GAIN FROM ENTITIES CONSOLIDATED FOR GAAP PURPOSES PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES AND LOSS FROM ENTITIES CONSOLIDATED FOR GAAP PURPOSES FORM 990, PART VI, SECTION B, LINE 11B BOARD MEMBERS REVIEW AT BOARD MEETING WITH SUBSEQUENT APPROVAL FORM 990, PART VI, SECTION B, LINE 12C REVIEW AND UPDATES AT BOARD MEETINGS FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS WILL BE MADE AVAILABLE. FORM 990, PART XI, LINE 9: CHANGES IN NET ASSETS OF ENTITIES CONSOLIDATED FOR GAAP PURPOSES -530,300. FORM 990, PART XII, LINE 2C: AS IN PAST YEARS, THE EXECUTIVE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT BARTON ACADEMY QALICB LLC 261 DAUPHIN STREET MOBILE AL 36602 844202062 REAL ESTATE AL BARTON ACADEMY MANAGEMENT CORPORATION 0 0 BARTON ACADEMY MASTER TENANT LLC 261 DAUPHIN STREET MOBILE AL 36602 844219695 EDUCATION AL BARTON ACADEMY MANAGEMENT CORPORATION 0 0 BARTON ACADEMY MANAGEMENT CORPORATION PO BOX 571 MOBILE AL 36601 844197052 REAL ESTATE MGT AL BARTON ACADEMY FOUNDATION C -530301 10260150 1.00000 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 BARTON ACADEMY MASTER TENANT LLC E 1590102 CASH