2011-02-15T13:42:21-06:00 2010-06-30 JACKSON THORNTON & CO PC P O BOX 96 MONTGOMERY AL 361010096 990 2009-07-01 630401358 THE MONTGOMERY ACADEMY MONT 3342728210 3240 VAUGHN ROAD MONTGOMERY AL 36106 Amy D Forrest 3342728210 2011-02-15 1 LUCINDA S BOLLINGER 3348347660 2011-02-14 2009 2016-02-24 21:20:13Z X Amy D Forrest 3240 VAUGHN ROAD MONTGOMERY AL 36106 9674129 0 X www.montgomeryacademy.org X 1959 AL COLLEGE PREPARATORY SCHOOL, KINDERGARTEN THROUGH GRADE 12 22 22 245 0 0 0 706750 692970 8425274 8905763 15849 -3192 -68507 44566 9079366 9640107 0 0 6539283 6308410 0 215433 3635269 4762789 10174552 11071199 -1095186 -1431092 30941887 29363888 16596304 16449397 14345583 12914491 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 9406935 8950329 COLLEGE PREPARATORY SCHOOL, KINDERGARTEN THROUGH GRADE 12 9406935 1 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 21 0 245 1 0 0 0 0 0 0 0 0 0 22 22 0 0 1 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 0 0 AL X Amy D Forrest 3342728210 3240 VAUGHN ROAD Montgomery AL 36106 W DANIEL HUGHES JR 1.00 X X 0 0 0 MRS ANN SIKES 1.00 X X 0 0 0 M CLARK SAHLIE 1.00 X X 0 0 0 SAMUEL ADAMS 1.00 X 0 0 0 F BOWMAN BEAR JR 1.00 X 0 0 0 CAROL BREWBAKER 1.00 X 0 0 0 RONNIE BROWN 1.00 X 0 0 0 H LEE COPELAND 1.00 X 0 0 0 DR H FORREST FLEMMING JR 1.00 X 0 0 0 CATHY GASSENHEIMER 1.00 X 0 0 0 LEWIS R GAYDEN 1.00 X 0 0 0 CHARLES A HARRIS III 1.00 X 0 0 0 JIM LEONARD 1.00 X 0 0 0 LEROY MCENTIRE III 1.00 X 0 0 0 WILLIAM G MCKENZIE 1.00 X 0 0 0 SARAH H MOORE 1.00 X 0 0 0 CAROL RICKARD 1.00 X 0 0 0 STEVE SCHLOSS 1.00 X 0 0 0 PETER TAYLOR 1.00 X 0 0 0 DORMAN WALKER 1.00 X 0 0 0 WILLIAM B WILSON 1.00 X 0 0 0 PRUDENCE BROWN 1.00 X 0 0 0 VIVIAN BARFOOT 40.00 X 104072 0 7485 Amy D FORREST 40.00 X 79847 0 6748 183919 0 14233 1 0 0 0 0 136053 556917 199116 692970 TUITION & FEES 611710 8062089 8062089 AUXILLIARY SERVICES 611710 598625 598625 CAMPS & OTHER PROGRAMS 611710 119708 119708 ATHLETIC REVENUE 611710 78066 78066 KINDERGARTEN & EXT DAY 611710 47275 47275 8905763 15830 15830 15000 34022 -19022 -19022 -19022 Miscellaneous 611710 44566 44566 44566 9640107 8950329 0 -3192 251675 93120 125837 32718 5111891 4649901 369480 92510 871404 812668 50086 8650 73440 27173 36720 9547 143 143 44500 44500 55221 981 54240 95566 42393 45060 8113 4136 4136 779524 723002 56522 325863 325863 1125218 1033841 91377 84505 40493 44012 DINING HALL EXPENSE 554362 554362 TUITION ASSISTANCE 336262 336262 DESIGNATED PURCHASES 293250 293250 FACULTY RECRUITMENT 232121 159073 15257 57791 DEPARTMENT EXPENSES 191843 191843 640275 448573 185598 6104 11071199 9406935 1448831 215433 1808682 1951535 594757 330155 2891541 2430752 84420 91471 219335 106397 126929 205739 36295765 12213045 24898663 24082720 317560 165119 30941887 29363888 281298 89686 3343487 3344888 12045000 12141000 926519 873823 16596304 16449397 X 14300682 12871134 44901 43357 14345583 12914491 30941887 29363888 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3826565 3826565 28534961 9613825 18921136 3334756 2253183 1081573 599483 346037 253446 24082720 DUE TO/from AGENCIES 276610 other accrued liabilities 597213 873823 9640107 11071199 -1431092 0 -1431092 9640107 0 9640107 0 9640107 11071199 0 11071199 0 11071199 1 1 1 PUBLISHED IN LOCAL MONTGOMERY PAPER -(MONTGOMERY ADVERTISER) 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 THE MONTGOMERY ACADEMY 630401358 2007-01-01 8000000 construction 0 1 8000000 8000000 2008 0 0 0 0 0 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 0 0 0 0 X 8 119116 FMV 0 0 0 Form 990, Part VI, Section A, line 4 The by-laws were revised to increase the term of the Board President. 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. Form 990, Part XI, Line 2c This process has not changed since the 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THE MONTGOMERY ACADEMY FOUNDATION C 136053