2023-11-15T12:05:06-06:00 2022-12-31 464120276 SHELDON ROGERS & BRYAN PC PO BOX 70226 MOBILE AL 36670 990 2022-01-01 460858069 BARTON ACADEMY FOUNDATION BART 2514348498 PO BOX 571 MOBILE AL 36601 ELIZABETH STEVENS PRESIDENT 2514348498 2023-11-15 1 ELIZABETH STEVENS 999009999 0 JOHN J SHELDON CPA P00168042 2513451251 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ELIZABETH STEVENS PO BOX 571 MOBILE AL 36601 2564221 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 76704 8518 0 0 163513 158722 0 2396981 240217 2564221 0 5000 0 0 0 0 0 0 874 586980 411920 586980 416920 -346763 2147301 9655267 11202408 2879509 1604349 6775758 9598059 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 396142 5000 DIRECT EXPENSE RELATED TO THE RESTORATION AND ADMINISTRATION OF THE FUNDS AVAILABLE FOR BARTON ACADEMY. 396142 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 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 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 ELIZABETH STEVENS 2514348498 PO BOX 571 MOBILE AL 36601 X JAIME BETBEZE 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 8518 8518 158722 158722 UNITED BANK - STATE HT 611710 2396981 2396981 2396981 2564221 2555703 0 0 5000 5000 37020 28400 8620 3353 3353 4467 4467 145 145 76767 76767 22033 22033 LOSS ON INVESTMENTS IN 258216 258216 CONSULTANTS 7786 7786 TAXES AND LICENSES 1000 1000 FUNDRAISING 874 874 259 259 416920 396142 19904 874 419378 1673660 10226 10229 247947 108987 435000 8947900 8947900 23616 16582 6200 10050 9655267 11202408 4687 14247 2874822 1590102 2879509 1604349 X 2671661 5485444 4104097 4112615 6775758 9598059 9655267 11202408 X 2147301 675000 X X 0 1 X 1 0 X 1174507 942721 3911202 76704 8518 6113652 1174507 942721 3911202 76704 8518 6113652 6113652 3474 11744 136493 163513 158722 473946 6587598 0.92810 0.95120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 X 2564221 0 2564221 0 2564221 416920 0 416920 0 416920 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, 2022. 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 2019, 2020, AND 2021 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, 2022. 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: CORRECTION OF AN ERROR - DEVELOPER FEE RECEIVABLE 675,000. 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.