Civic Intelligence

The Montgomery Academy Foundation

990 • Fiscal year 2018 • EIN 43-1978408

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 09, 2019

3720 Vaughn RoadMontgomery, AL 36106

(334) 272-8210

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

2nd percentile

-135%

Higher net margin than 2% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

91st percentile

$212,683

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 81.1% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

30th percentile

-3.4%

Faster asset growth than 30% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

93rd percentile

100%

Faster revenue growth than 93% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$4,250,403

Down $151,586 (-3.4%) from 2017

Net Assets

Down

$4,250,403

Down $151,586 (-3.4%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$262,303

Up $131,474 (+100%) from 2017

Expenses

Up

$615,756

Up $433,312 (+238%) from 2017

Net Income

Down

-$353,453

Down $301,838 (-585%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $2,793,756Liabilities 2010: $27,541Net Assets 2010: $2,766,2152010Assets 2011: $3,251,056Liabilities 2011: $419Net Assets 2011: $3,250,6372011Assets 2012: $3,161,485Liabilities 2012: $200Net Assets 2012: $3,161,2852012Assets 2013: $3,530,065Liabilities 2013: $0Net Assets 2013: $3,530,0652013Assets 2014: $4,102,230Liabilities 2014: $0Net Assets 2014: $4,102,2302014Assets 2015: $4,143,801Liabilities 2015: $0Net Assets 2015: $4,143,8012015Assets 2016: $4,049,673Liabilities 2016: $0Net Assets 2016: $4,049,6732016Assets 2017: $4,401,989Liabilities 2017: $0Net Assets 2017: $4,401,9892017Assets 2018: $4,250,403Liabilities 2018: $0Net Assets 2018: $4,250,4032018Assets 2019: $4,324,426Liabilities 2019: $0Net Assets 2019: $4,324,4262019Assets 2020: $4,526,492Liabilities 2020: $0Net Assets 2020: $4,526,4922020Assets 2021: $6,007,099Liabilities 2021: $0Net Assets 2021: $6,007,0992021Assets 2022: $5,001,987Liabilities 2022: $0Net Assets 2022: $5,001,9872022Assets 2023: $5,655,676Liabilities 2023: $0Net Assets 2023: $5,655,6762023Assets 2024: $6,569,913Liabilities 2024: $0Net Assets 2024: $6,569,9132024

Highlighted filing

2018

Assets$4,250,403
Liabilities$0
Net Assets$4,250,403

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $148,9022010Expenses 2011: $137,3802011Expenses 2012: $130,2702012Expenses 2013: $129,6762013Revenue 2014: $93,844Expenses 2014: $139,566Net Income 2014: -$45,7222014Revenue 2015: $188,993Expenses 2015: $147,420Net Income 2015: $41,5732015Revenue 2016: $232,239Expenses 2016: $144,662Net Income 2016: $87,5772016Revenue 2017: $130,829Expenses 2017: $182,444Net Income 2017: -$51,6152017Revenue 2018: $262,303Expenses 2018: $615,756Net Income 2018: -$353,4532018Revenue 2019: $116,426Expenses 2019: $178,091Net Income 2019: -$61,6652019Revenue 2020: $114,467Expenses 2020: $5,751Net Income 2020: $108,7162020Revenue 2021: $113,793Expenses 2021: $9,261Net Income 2021: $104,5322021Revenue 2022: $152,940Expenses 2022: $3,000Net Income 2022: $149,9402022Revenue 2023: $131,040Expenses 2023: $10,641Net Income 2023: $120,3992023Revenue 2024: $717,769Expenses 2024: $3,500Net Income 2024: $714,2692024

Highlighted filing

2018

Revenue$262,303
Expenses$615,756
Net Income-$353,453
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 9, 2019
Return Version
2017v2.3
Gross Receipts
$707,171
Mission and Program Overview

Mission

Provide financial and other support for the montgomery academy

Provide financial and other support of and for the mongomery academy

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,173,695$3,846,445▼ $327,250
Accounts Receivable$223,326$398,737▲ $175,411
Pledges and Grants Receivable$3,865$3,865→ $0
Savings and Temporary Cash Investments$1,103$1,356▲ $253
Total Assets$4,401,989$4,250,403▼ $151,586
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$3,203,062$2,986,632▼ $216,430
Permanently Rstr Net Assets$768,471$768,471→ $0
Temporarily Rstr Net Assets$430,456$495,300▲ $64,844
Total Net Assets Fund Balance$4,401,989$4,250,403▼ $151,586
Total Liabilities and Net Assets / Fund Balance$4,401,989$4,250,403▼ $151,586

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$4,562,132$9,500▲ $454,670$775,899$4,250,403
2016$4,209,816$11,410▲ $523,350$182,444$4,562,132
2015$4,344,833$113,775▼ $100,037$148,755$4,209,816
2014$4,351,352$7,460▲ $142,457$156,436$4,344,833
2013$3,786,047$6,665▲ $703,118$144,478$4,351,352
Compensation and Service Providers

Employees

NameTitleOtherTotal
Amy ForrestChief Financial Officer$110,764$110,764

Board Members and Trustees

NameTitle
Millie HoustonPresident
Alex CarothersBoard Member
Andy WeilBoard Member
Charlie HarrisBoard Member
Clark SahlieBoard Member
Dave BordenBoard Member
Ellen BrooksBoard Member
Emilie ReidBoard Member
Henry H HutchinsonBoard Member
Inge Hill JrBoard Member
Knox KershawBoard Member
Ronnie BrownBoard Member
Shannon SpeirBoard Member
Steve DavidisonBoard Member
James L SpencerHead of School
Revenue and Support

Revenue Composition

Contributions and Grants
$9,500
Program Service Revenue
$0
Investment Income
$252,803
Other Revenue
$0
All Other Contributions
$9,500
Change in Net Assets
$-353,453
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$615,756
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$610,030--$610,030
Grants to Domestic Individuals$5,726--$5,726
Total Functional Expenses$615,756$0$0$615,756
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Montgomery Academy IncMontgomery, AL501(c)(3)Support Educational Purpose of Montgomery Academy$610,030
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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 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.

Filing and Contact Details

Filer

Filer Name
The Montgomery Academy Foundation
EIN
43-1978408
Phone
3342728210
Address
3720 VAUGHN ROAD, MONTGOMERY, AL 36106

Signing Officer

Name
Millie Houston
Title
Board President
Phone
3342728210
Signed
2019-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Millie Houston
Formed
2002
Legal Domicile
Al
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
14

Preparer

Firm
Jackson Thornton & Co Pc
Address
PO BOX 96, MONTGOMERY, AL 36101-0096
Preparer
Christine K Cook
Phone
3348347660
Supplemental Narrative

Additional Explanations

FORM 990; PART XII, LINE 2C

Neither the oversight or selection process was changed during the current year.

Financial Statement Notes

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.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01103
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01356
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0630401358
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0610030
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE MONTGOMERY ACADEMY INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0610030
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.70270
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04562132
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt09500
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04250403
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0454670
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0775899
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04209816
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt011410
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04562132
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0523350
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0182444
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt04344833
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0113775
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04209816
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-100037
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0148755
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt04351352
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt07460
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt04344833
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0142457
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0156436
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03786047
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt06665
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt04351352
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0703118
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0144478
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.18080
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT EVALUATED THE ACADEMY'S TAX POSITIONS AND CONCLUDED THAT THE ACADEMY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.11650
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0610030
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT EDUCATIONAL PURPOSE OF MONTGOMERY ACADEMY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE MONTGOMERY ACADEMY INC
IRS990ScheduleI/RecipientTable/RecipientEIN0630401358
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03240 VAUGHN ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MONTGOMERY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd036106
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION ONLY MAKES GRANTS TO ITS SUPPORTED ORGANIZATION. WHILE THERE ARE NO OFFICIAL OVERSIGHT PROCEDURES FOR GRANTS, THE FOUNDATION AND ITS SUPPORTED ORGANIZATION MAINTAIN A CLOSE RELATIONSHIP FOR THE PURPOSES OF RELAYING INFORMATION ABOUT THE OPERATIONS OF THE SUPPORTED ORGANIZATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0190000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt022683
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JAMES L SPENCER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0HEAD OF SCHOOL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0212683
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE 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.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMMITTEES MAKE MONTHLY ORAL REPORTS AT THE ORGANIZATION'S BOARD MEETING. THESE REPORTS ARE MEMORIALIZED IN WRITTEN MINUTES OF EACH BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NEITHER THE OVERSIGHT OR SELECTION PROCESS WAS CHANGED DURING THE CURRENT YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990; PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE MONTGOMERY ACADEMY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0630401358
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (C) 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt02
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03420 VAUGHN ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MONTGOMERY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd036106
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.57$0.00$6.57$0.72$0.00$0.71
2023Detailed filing. Detailed filing data is available for this year.$5.66$0.00$5.66$0.13$0.01$0.12
2022Detailed filing. Detailed filing data is available for this year.$5.00$0.00$5.00$0.15$0.00$0.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.01$0.00$6.01$0.11$0.01$0.10
2020Detailed filing. Detailed filing data is available for this year.$4.53$0.00$4.53$0.11$0.01$0.11
2019Detailed filing. Detailed filing data is available for this year.$4.32$0.00$4.32$0.12$0.18$0.06
2018Detailed filing. Detailed filing data is available for this year.$4.25$0.00$4.25$0.26$0.62$0.35
2017Detailed filing. Detailed filing data is available for this year.$4.40$0.00$4.40$0.13$0.18$0.05
2016Detailed filing. Detailed filing data is available for this year.$4.05$0.00$4.05$0.23$0.14$0.09
2015Detailed filing. Detailed filing data is available for this year.$4.14$0.00$4.14$0.19$0.15$0.04
2014Detailed filing. Detailed filing data is available for this year.$4.10$0.00$4.10$0.09$0.14$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.53$0.00$3.53$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.16$0.00$3.16$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.25$0.00$3.25$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.79$0.03$2.77$0.15