2013-02-08T09:33:21-06:00 2012-06-30 631035228 JACKSON THORNTON & CO PC P O BOX 96 MONTGOMERY AL 361010096 990 2011-07-01 630401358 THE MONTGOMERY ACADEMY MONT 3342728210 3240 VAUGHN ROAD MONTGOMERY AL 36106 AMY D FORREST 3342728210 2013-02-06 1 LUCINDA S BOLLINGER P00187613 3348347660 2013-02-01 2011 2016-02-25 16:41:14Z AMY D FORREST 3240 VAUGHN ROAD MONTGOMERY AL 36106 11159329 0 X WWW.MONTGOMERYACADEMY.ORG X 1959 AL COLLEGE PREPARATORY SCHOOL, KINDERGARTEN THROUGH GRADE 12 22 22 234 75 0 0 732607 757979 9140381 9871395 5484 842 101795 128474 9980267 10758690 0 0 0 0 6600335 6704190 0 0 265563 4523733 5000423 11124068 11704613 -1143801 -945923 29419232 27773935 17617881 16911989 11801351 10861946 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 9787884 9998447 COLLEGE PREPARATORY SCHOOL, KINDERGARTEN THROUGH GRADE 12 9787884 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 0 0 0 0 0 1 0 0 0 0 1 24 0 1 234 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 W DANIEL HUGHES JR 1.00 X 0 0 0 ANN SIKES 1.00 X 0 0 0 SAMUEL ADAMS 1.00 X 0 0 0 CAROL BREWBAKER 1.00 X 0 0 0 H LEE COPELAND 1.00 X 0 0 0 LEWIS R GAYDEN 1.00 X 0 0 0 JIM LEONARD 1.00 X 0 0 0 WILLIAM G MCKENZIE 1.00 X 0 0 0 PETER TAYLOR 1.00 X 0 0 0 WILLIAM B WILSON 1.00 X 0 0 0 PRUDENCE BROWN 1.00 X 0 0 0 BRAD KATZ 1.00 X 0 0 0 RICK MCBRIDE 1.00 X 0 0 0 LEE SELLERS 1.00 X 0 0 0 STACEY STAKELY 1.00 X 0 0 0 SARAH MOORE 1.00 X 0 0 0 OWEN ARONOV 1.00 X 0 0 0 MIKE JENKINS 1.00 X 0 0 0 TONYA LEE 1.00 X 0 0 0 DAVID J FARACE 40.00 X 211733 0 2046 AMY D FORREST 40.00 X 87598 0 9334 299331 0 11380 1 0 1 0 0 126751 631228 757979 TUITION & FEES 611710 8953644 8953644 AUXILLIARY SERVICES 611710 606822 606822 CAMPS & OTHER PROGRAMS 611710 161686 161686 ATHLETIC REVENUE 611710 87673 87673 KINDERGARTEN & EXT DAY 611710 61570 61570 9871395 18494 18494 9400 7978 1422 1422 1422 374522 487 391343 1318 -16821 -831 -17652 -17652 MISCELLANEOUS 611710 78527 78527 PUBLICATION REVENUE 611710 48525 48525 127052 10758690 9998447 0 2264 325602 120473 162801 42328 5394296 4773619 505426 115251 7395 2736 3698 961 592685 515043 64991 12651 384212 334645 39555 10012 246 246 26700 26700 57361 4801 52560 105182 55970 44113 5099 969949 896136 73813 17509 17509 358732 358732 1215558 1115796 99762 91572 48010 43562 AUXILLARY SERVICES 748573 748573 TUITION ASSISTANCE 380800 380800 DEPARTMENT EXPENSES 235646 235646 ATHLETIC EXPENSE 126542 126542 666053 429094 157698 79261 11704613 9787884 1651166 265563 2970309 2601340 202500 203006 1968763 1611250 3855 187228 191506 184944 158316 158420 37300669 14523818 23864148 22776851 59835 50896 29419232 27773935 1838707 1192890 3514802 4030800 11916377 11200898 347995 279917 0 207484 17617881 16911989 X 11748702 10812707 52649 49239 11801351 10861946 29419232 27773935 X -945923 6518 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3826565 3826565 28957224 11466622 17490602 3892631 2662693 1229938 624249 394503 229746 22776851 DUE TO AGENCIES 207484 207484 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 190599 0 0 0 21134 0 0 0 2046 0 213779 0 0 0 THE MONTGOMERY ACADEMY 630401358 2007-01-01 8000000 CONSTRUCTION 0 1 0 2008 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 87726 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 5: ADJUSTMENT TO NET ASSETS FOR AUXILLARY ORGANIZATION LOSSES 6,518. TOTAL TO FORM 990, PART XI, LINE 5: 6,518. 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 THE MONTGOMERY ACADEMY FOUNDATION C 126901 FMV