2023-02-06T14:19:23-06:00 2022-06-30 631035228 JACKSON THORNTON & CO PC PO BOX 96 MONTGOMERY AL 361010096 990 2021-07-01 630401358 THE MONTGOMERY ACADEMY MONT 3342728210 3240 VAUGHN ROAD MONTGOMERY AL 36106 STEVE DAVIDSON PRESIDENT 3342728210 2023-02-02 1 STEVE DAVIDSON 999009999 CHRISTINE K COOK P00537690 3348347660 2023-02-02 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z STEVE DAVIDSON 3240 VAUGHN ROAD MONTGOMERY AL 36106 12120091 0 X WWW.MONTGOMERYACADEMY.ORG X 1959 AL COLLEGE PREPATORY SCHOOL KINDERGARTEN THROUGH GRADE 12. 23 23 249 55 0 0 2530470 913758 10738557 10866432 3859 3021 199168 336600 13472054 12119811 634516 745030 0 0 6900487 6889968 0 0 243618 4015334 4339424 11550337 11974422 1921717 145389 22740065 22690741 12097522 11902809 10642543 10787932 THE MONTGOMERY ACADEMY DEVELOPS LEADERS COMMITTED TO HONOR, SCHOLARSHIP, SERVICE AND THE PURSUIT OF EXCELLENCE. 0 0 10367089 745030 10866432 COLLEGE PREPARATORY SCHOOL, KINDERGARTEN THROUGH GRADE 12 10367089 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 109 0 249 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 1 0 X DEREK DUBOSE 3342728210 3240 VAUGHN ROAD MONTGOMERY AL 36106 ALEX CAROTHERS TRUSTEE 1.00 X 0 0 0 ELLEN BROOKS TRUSTEE 1.00 X 0 0 0 CADE ARMSTRONG TRUSTEE 1.00 X 0 0 0 COURTNEY WILLIAMS TRUSTEE - SECRETARY-TREASU 1.00 X X 0 0 0 DELECIA MCINTYRE TRUSTEE 1.00 X 0 0 0 DOUG ROBERTSON TRUSTEE 1.00 X 0 0 0 JOHN FOSHEE TRUSTEE 1.00 X 0 0 0 BRIAN GARY TRUSTEE 1.00 X 0 0 0 BLAKE HORNE TRUSTEE 1.00 X 0 0 0 OWEN ARONOV TRUSTEE 1.00 X 0 0 0 PETER SELMAN TRUSTEE - VICE-PRESIDENT 1.00 X X 0 0 0 ASHLEY MCDANIEL TRUSTEE 1.00 X 0 0 0 KAM SIDHU TRUSTEE 1.00 X 0 0 0 STEVE DAVIDSON TRUSTEE - PRESIDENT 1.00 X X 0 0 0 TEMPLE MILLSAP TRUSTEE 1.00 X 0 0 0 WADE SEGREST TRUSTEE 1.00 X 0 0 0 MILLIE HOUSTON TRUSTEE 1.00 X 0 0 0 CLARK SAHLIE TRUSTEE 1.00 X 0 0 0 RODNEY SMITH TRUSTEE 1.00 X 0 0 0 LYNN BESHEAR TRUSTEE 1.00 X 0 0 0 STEPHEN DEES TRUSTEE 1.00 X 0 0 0 JORDAN MCBRIDE TRUSTEE 1.00 X 0 0 0 PAMELA TUCK TRUSTEE 1.00 X 0 0 0 JOHN MCWILLIAMS HEAD OF SCHOOL 40.00 X 192390 0 18384 DEREK DUBOSE CHIEF FINANCIAL OFFICER 40.00 X 71704 0 4134 264094 0 22518 1 0 1 0 0 913758 187575 913758 TUITION & FEES 611710 10061002 10061002 AUXILLIARY SERVICES 611710 522172 522172 CAMPS & OTHER PROGRAMS 611710 158585 158585 ATHLETIC REVENUE 611710 124673 124673 10866432 2126 2126 1175 280 0 -280 1175 895 895 GAIN/(LOSS) ON INTEREST RATE SWAP 523000 334039 334039 MISCELLANEOUS 900099 2561 2561 336600 12119811 10866432 0 339621 745030 745030 325922 120591 162961 42370 5226959 4754475 378750 93734 329005 287316 33318 8371 624762 514420 104406 5936 383320 340489 34252 8579 38000 38000 108230 3284 94098 10848 117474 48284 66888 2302 862755 797099 65656 19167 19167 226511 226511 997374 911701 85673 88821 50769 38052 AUXILIARY SERVICES 766280 766280 DEPARTMENT EXPENSES 339397 339397 ATHLETIC EXPENSE 287968 287968 FACULTY RECRUITMENT 210355 210355 277092 189631 15983 71478 11974422 10367089 1363715 243618 4420666 3836290 200000 200000 191042 280783 651059 681729 94586 98734 184518 149408 41611236 24395185 16994694 17216051 3500 227746 22740065 22690741 1064673 917698 3049815 3531770 7536883 7234323 446151 219018 12097522 11902809 X 9608597 9988784 1033946 799148 10642543 10787932 22740065 22690741 145389 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6007099 13673 -1015785 3000 5001987 4526492 16360 1473508 9261 6007099 4324424 21180 186637 5749 4526492 4250403 11288 240824 178091 4324424 4562132 9500 454670 775899 4250403 0.70310 0.29690 0 1 1 4436584 4436584 31843238 19909656 11933582 4699946 3948538 751408 631468 536991 94477 17216051 DUE TO AGENCIES 131435 DUE TO FOUNDATION 87583 219018 X PART V, LINE 4: SUPPORT THE EDUCATIONAL PURPOSE OF THE ORGANIZATION PART X, LINE 2: MANAGEMENT EVALUATED THE ACADEMY'S TAX POSITIONS AND CONCLUDED THAT THE ACADEMY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PUBLISHED IN THE LOCAL NEWSPAPER AND VARIOUS OTHER PRINT AND ELECTRONIC MEDIA 1 0 TUITION ASSISTANCE 105 745030 PART I, LINE 2: FUNDS ARE MADE AVAILABLE TO PROVIDE TUITION ASSISTANCE TO STUDENTS WHO HAVE A FINANCIAL NEED. NO OTHER CRITERIA IS REQUIRED PROVIDED THE STUDENT IS ACCEPTED TO THE ACADEMY BASED ON THEIR ACADEMIC QUALIFICATIONS. 0 0 0 0 0 0 0 0 0 JOHN MCWILLIAMS HEAD OF SCHOOL 192390 0 0 0 0 0 14250 0 4134 0 210774 0 0 0 A THE MONTGOMERY ACADEMY 630401358 2017-09-19 8537877 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 A 0 X 7 187575 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 11B 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 IT 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 15 THE HEAD OF SCHOOL'S SALARY IS DETERMINED BY USING BENCHMARK DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS AND NEGOTIATIONS BETWEEN THE HEAD OF SCHOOL 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. 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0