2012-03-02T10:23:13-06:00 2011-06-30 JACKSON THORNTON & CO PC P O BOX 96 MONTGOMERY AL 361010096 990 2010-07-01 630401358 THE MONTGOMERY ACADEMY MONT 3342728210 3240 VAUGHN ROAD MONTGOMERY AL 36106 AMY D FORREST 3342728210 2012-03-02 1 LUCINDA S BOLLINGER 3348347660 2012-03-02 2010 2016-02-24 21:20:13Z AMY D FORREST 3240 VAUGHN ROAD MONTGOMERY AL 36106 9987999 0 X WWW.MONTGOMERYACADEMY.ORG X 1959 AL COLLEGE PREPARATORY SCHOOL, KINDERGARTEN THROUGH GRADE 12 23 23 242 0 0 0 692970 732607 8905763 9140381 -3192 5484 44566 101795 9640107 9980267 0 0 0 0 6308410 6600335 0 0 255322 4762789 4523733 11071199 11124068 -1431092 -1143801 29363888 29419232 16449397 17617881 12914491 11801351 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 9293457 9239290 COLLEGE PREPARATORY SCHOOL, KINDERGARTEN THROUGH GRADE 12 9293457 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 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 23 0 242 1 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 0 0 AL X AMY D FORREST 3342728210 3240 VAUGHN ROAD MONTGOMERY AL 36106 W DANIEL HUGHES JR 1.00 X 0 0 0 ANN SIKES 1.00 X 0 0 0 M CLARK SAHLIE 1.00 X X 0 0 0 SAMUEL ADAMS 1.00 X 0 0 0 CAROL BREWBAKER 1.00 X 0 0 0 RONNIE BROWN 1.00 X X 0 0 0 H LEE COPELAND 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 WILLIAM G MCKENZIE 1.00 X 0 0 0 PETER TAYLOR 1.00 X 0 0 0 DORMAN WALKER 1.00 X X 0 0 0 WILLIAM B WILSON 1.00 X 0 0 0 PRUDENCE BROWN 1.00 X 0 0 0 MICHELLE ANTHONY 1.00 X 0 0 0 BRAD KATZ 1.00 X 0 0 0 RICK MCBRIDE 1.00 X 0 0 0 QUENTIN RIGGINS 1.00 X 0 0 0 LEE SELLERS 1.00 X 0 0 0 STACEY STAKELY 1.00 X 0 0 0 JUDGE MYRON THOMPSON 1.00 X 0 0 0 SARAH MOORE 1.00 X 0 0 0 DAVID J FARACE 40.00 X 104352 0 1049 AMY D FORREST 40.00 X 82406 0 9050 186758 0 10099 1 0 0 0 0 133880 598727 167259 732607 TUITION & FEES 611710 8312368 8312368 AUXILLIARY SERVICES 611710 572906 572906 CAMPS & OTHER PROGRAMS 611710 113629 113629 ATHLETIC REVENUE 611710 78201 78201 KINDERGARTEN & EXT DAY 611710 63277 63277 9140381 6533 6533 9310 6424 2886 2886 2886 259 1308 -1049 -1049 -1049 MISCELLANEOUS 611710 68045 68045 PUBLICATION REVENUE 611710 30864 30864 98909 9980267 9239290 0 8370 311682 115322 155841 40519 5302801 4690777 499720 112304 574706 503269 59986 11451 411146 357677 42696 10773 894 894 24500 24500 59481 2668 56813 101327 57840 37168 6319 802853 741756 61097 13724 13724 336230 336230 1212303 1112877 99426 81015 40280 40735 AUXILLARY SERVICES 653643 653643 TUITION ASSISTANCE 349665 349665 DEPARTMENT EXPENSES 192186 192186 ATHLETIC EXPENSE 121527 121527 EXTENDED DAY, CAMPS & O 86105 86105 488280 267865 146459 73956 11124068 9293457 1575289 255322 1951535 2970309 330155 202500 2430752 1968763 91471 3855 106397 191506 205739 158316 37267451 13403303 24082720 23864148 165119 59835 29363888 29419232 963509 1838707 3344888 3514802 12141000 11916377 347995 16449397 17617881 X 12871134 11748702 43357 52649 12914491 11801351 29363888 29419232 X -1143801 30661 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3826565 3826565 29196583 10564837 18631746 3632412 2468194 1164218 611891 370272 241619 23864148 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) THE MONTGOMERY ACADEMY 630401358 2007-01-01 8000000 CONSTRUCTION 0 1 0 8000000 8000000 2008 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 167259 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 30,661. TOTAL TO FORM 990, PART XI, LINE 5: 30,661. PART XII, LINE 2C THE REVIEW 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 133880 FMV