2014-02-13T10:35:10-06:00 2013-06-30 631035228 JACKSON THORNTON & CO PC P O BOX 96 MONTGOMERY AL 361010096 990 2012-07-01 630401358 THE MONTGOMERY ACADEMY MONT 3342728210 3240 VAUGHN ROAD MONTGOMERY AL 36106 AMY D FORREST 3342728210 2014-02-12 1 LUCINDA S BOLLINGER P00187613 3348347660 2014-02-11 2012 2015-11-30 17:44:51Z AMY D FORREST 3240 VAUGHN ROAD MONTGOMERY AL 36106 11677931 0 X WWW.MONTGOMERYACADEMY.ORG X 1959 AL COLLEGE PREPARATORY SCHOOL, KINDERGARTEN THROUGH GRADE 12 22 22 248 75 0 0 757979 636042 9871395 10411661 842 -18451 128474 135388 10758690 11164640 0 0 0 0 6704190 7009337 0 0 267980 5000423 5021125 11704613 12030462 -945923 -865822 27773935 26693377 16911989 16705265 10861946 9988112 X THE MISSION OF THE MONTGOMERY ACADEMY IS THE PURSUIT OF EXCELLENCE WITHIN THE FOUR MAJOR SPHERES OF ACADEMY LIFE: ACADEMICS, THE ARTS, ATHLETICS AND ACTIVITIES. IMPLICIT IN THIS IS THE EXISTENCE OF AN ENVIRONMENT IN WHICH STUDENTS ARE SIMULTANEOUSLY SUPPORTED AND CHALLENGED. THE ULTIMATE COMPONENT OF THIS MISSION IS TO ASSIST STUDENTS IN BECOMING ADULTS OF STRONG MORAL CHARACTER WHO CONTRIBUTE TO SOCIETY IN BOTH THEIR PROFESSIONAL AND COMMUNITY LIVES. 0 0 10057027 10544402 COLLEGE PREPARATORY SCHOOL, KINDERGARTEN THROUGH GRADE 12 10057027 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 17 0 1 248 1 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 0 0 X AMY D FORREST 3342728210 3240 VAUGHN ROAD MONTGOMERY AL 36106 M CLARK SAHLIE 1.00 X X 0 0 0 DORMAN WALKER 1.00 X X 0 0 0 RONNIE BROWN 1.00 X X 0 0 0 SAMUEL ADAMS 1.00 X 0 0 0 OWEN ARONOV 1.00 X 0 0 0 CAROL BREWBAKER HODGES 1.00 X 0 0 0 LEURA CANARY 1.00 X 0 0 0 H LEE COPELAND 1.00 X 0 0 0 LEWIS R GAYDEN 1.00 X 0 0 0 SOMMERVILLE HILL 1.00 X 0 0 0 MIKE JENKINS 1.00 X 0 0 0 BRAD KATZ 1.00 X 0 0 0 JIM LEONARD 1.00 X 0 0 0 GILL MCKENZIE 1.00 X 0 0 0 TEMPLE MILSAP 1.00 X 0 0 0 SARAH MOORE 1.00 X 0 0 0 LEE SELLERS 1.00 X 0 0 0 ROLY SINGH 1.00 X 0 0 0 RODNEY SMITH 1.00 X 0 0 0 DEBBY SPAIN 1.00 X 0 0 0 STACEY STAKELY 1.00 X 0 0 0 PETE TAYLOR 1.00 X 0 0 0 KAREN VISON 1.00 X 0 0 0 DAVID J FARACE 40.00 X 206512 0 14602 AMY D FORREST 40.00 X 90917 0 7506 297429 0 22108 1 0 1 0 0 636042 372413 636042 TUITION & FEES 611710 9560391 9560391 AUXILLIARY SERVICES 611710 595276 595276 CAMPS & OTHER PROGRAMS 611710 170838 170838 ATHLETIC REVENUE 611710 85156 85156 10411661 9600 6953 2647 2647 2647 487887 497880 8458 -9993 -8458 -18451 -18451 PUBLICATION REVENUE 611710 73115 73115 MISCELLANEOUS 611710 59626 59626 132741 11164640 10544402 0 -15804 322620 119369 161310 41941 5685910 5048029 523108 114773 60974 22560 30488 7926 524443 502670 18458 3315 415390 364160 40877 10353 7500 7500 23500 23500 90515 4571 77499 8445 91525 52993 33605 4927 855955 791763 64192 17971 17971 319084 319084 1232972 1135957 97015 103786 56469 47317 AUXILLARY SERVICES 739410 739410 TUITION ASSISTANCE 426024 426024 DEPARTMENT EXPENSES 236435 236435 ATHLETIC EXPENSE 138192 138192 738256 418425 243531 76300 12030462 10057027 1705455 267980 2601340 3134502 203006 101728 1611250 955500 187228 105784 184944 238048 158420 39572 37272377 15601886 22776851 21670491 197726 50896 250026 27773935 26693377 1192890 1478266 4030800 3996473 11200898 10780291 279917 232626 207484 217609 16911989 16705265 X 10812707 9947105 49239 41007 10861946 9988112 27773935 26693377 X -865822 -8012 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3826565 3826565 28849735 12323040 16526695 3960353 2859516 1100837 635724 419330 216394 21670491 DUE TO AGENCIES 217609 217609 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 PUBLISHED IN LOCAL MONTGOMERY PAPER -(MONTGOMERY ADVERTISER) X 1 0 0 0 0 0 0 0 0 0 0 DAVID J FARACE 186378 0 0 0 20134 0 6698 0 7904 0 221114 0 0 0 A THE MONTGOMERY ACADEMY 630401358 2007-01-01 8000000 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 X 8 372413 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 11 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 IS 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 15A THE HEADMASTER'S SALARY IS DETERMINED BY USING BENCHMARK DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS AND NEGOTIATIONS BETWEEN THE HEADMASTER 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: ADJUSTMENT TO NET ASSETS FOR AUXILLARY ORGANIZATION LOSSES -8,012. FORM 990; PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THE MONTGOMERY ACADEMY FOUNDATION C 122091 FMV