Civic Intelligence

Montgomery Education Foundation

990 • Fiscal year 2022 • EIN 46-3586388

Jan 01, 2022 to Sep 30, 2022 • Filed on Aug 15, 2023

Organization ProfileWWW.MONTGOMERYED.ORG
5950 Carmichael Road Rm 101Montgomery, AL 36117

(334) 647-1700

Siviq Scores

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

Liabilities / Assets

86th percentile

0.47x

Higher debt load relative to assets than 86% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

76th percentile

0.19x

Higher debt load relative to revenue than 76% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

15th percentile

-20%

Higher net margin than 15% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

74th percentile

$64,538

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 9.4% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

4th percentile

-40%

Faster asset growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

8th percentile

-47%

Faster revenue growth than 8% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$279,516

Down $190,060 (-40%) from 2021

Net Assets

Down

$147,710

Down $138,498 (-48%) from 2021

Liabilities

Down

$131,806

Down $51,562 (-28%) from 2021

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin15th percentile

Revenue

Down

$685,272

Down $598,331 (-47%) from 2021

Expenses

Down

$823,770

Down $439,838 (-35%) from 2021

Net Income

Down

-$138,498

Down $158,493 (-793%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$600K$400K$200K$0Assets 2013: $206,577Liabilities 2013: $13,099Net Assets 2013: $193,4782013Assets 2014: $206,465Liabilities 2014: $22,530Net Assets 2014: $183,9352014Assets 2015: $181,061Liabilities 2015: $6,338Net Assets 2015: $174,7232015Assets 2016: $213,528Liabilities 2016: $28,311Net Assets 2016: $185,2172016Assets 2017: $488,941Liabilities 2017: $77,453Net Assets 2017: $411,4882017Assets 2018: $158,411Liabilities 2018: $11,440Net Assets 2018: $146,9712018Assets 2019: $320,210Liabilities 2019: $189,333Net Assets 2019: $130,8772019Assets 2020: $285,779Liabilities 2020: $19,566Net Assets 2020: $266,2132020Assets 2021: $469,576Liabilities 2021: $183,368Net Assets 2021: $286,2082021Assets 2022: $279,516Liabilities 2022: $131,806Net Assets 2022: $147,7102022Assets 2023: $473,461Liabilities 2023: $115,890Net Assets 2023: $357,5712023Assets 2024: $516,296Liabilities 2024: $125,144Net Assets 2024: $391,1522024

Highlighted filing

2022

Assets$279,516
Liabilities$131,806
Net Assets$147,710
Open 2022 Filing

Operations Trend

Revenue Growth8th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2013: $271,478Expenses 2013: $78,000Net Income 2013: $193,4782013Revenue 2014: $743,578Expenses 2014: $753,121Net Income 2014: -$9,5432014Revenue 2015: $704,820Expenses 2015: $714,032Net Income 2015: -$9,2122015Revenue 2016: $734,908Expenses 2016: $724,414Net Income 2016: $10,4942016Revenue 2017: $1,063,708Expenses 2017: $837,437Net Income 2017: $226,2712017Revenue 2018: $898,025Expenses 2018: $1,162,542Net Income 2018: -$264,5172018Revenue 2019: $1,224,526Expenses 2019: $1,240,620Net Income 2019: -$16,0942019Revenue 2020: $1,346,590Expenses 2020: $1,212,148Net Income 2020: $134,4422020Revenue 2021: $1,283,603Expenses 2021: $1,263,608Net Income 2021: $19,9952021Revenue 2022: $685,272Expenses 2022: $823,770Net Income 2022: -$138,4982022Revenue 2023: $1,790,880Expenses 2023: $1,505,501Net Income 2023: $285,3792023Revenue 2024: $1,785,345Expenses 2024: $1,751,764Net Income 2024: $33,5812024

Highlighted filing

2022

Revenue$685,272
Expenses$823,770
Net Income-$138,498
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Sep 30, 2022
Signed
Aug 15, 2023
Return Version
2022v5.0
Gross Receipts
$685,272
Mission and Program Overview

Mission

Montgomery Education Foundations believes that all children deserve a quality education. The mission is to provide programs that support the growth of our students, schools, and communities through partnership and volnteerism.

Montgomery education foundation provides resources and programs that support academic success for public schools and students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$376,879$266,845▼ $110,034
Cash and Non-Interest-Bearing Accounts$92,667$12,671▼ $79,996
Land, Buildings, and Equipment, Net$30$0▼ $30
Total Assets$469,576$279,516▼ $190,060
Liabilities
Unsecured Notes Loans Payable-$90,000-
Accounts Payable and Accrued Expenses$14,000$21,392▲ $7,392
Grants Payable$165,075$10,426▼ $154,649
Other Liabilities$4,293$9,988▲ $5,695
Total Liabilities$183,368$131,806▼ $51,562
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$286,208$147,710▼ $138,498
Total Net Assets Fund Balance$286,208$147,710▼ $138,498
Total Liabilities and Net Assets / Fund Balance$469,576$279,516▼ $190,060

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$1,237$1,237
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Ann Mckimmon SikesPresidentFT$64,538$64,538

Board Members and Trustees

NameTitle
Paul HankinsChairman
Dave BordenVice Chairman
Caroline NovakBoard Member
Charles JacksonBoard Member
Keeshsa JonesBoard Member
Jay LoveTreasurer/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$685,104
Program Service Revenue
$0
Investment Income
$168
Other Revenue
$0
All Other Contributions
$109,020
Change in Net Assets
$-138,498

Audited Revenue Reconciliation

Revenue per Audited Statements
$685,272
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$685,272
Total Revenue per Form 990
$685,272
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$660,117
Other Expenses$156,994
Grants and Similar Amounts Paid$6,659
Total Fundraising Expense$2,156
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$493,910$54,879-$548,789
Current Officers, Directors, Trustees, and Key Employees$30,174$32,528$1,836$64,538
Payroll Taxes$39,746$6,724$320$46,790
Fees for Services Management$31,689--$31,689
Insurance$8,875$10,399-$19,274
Fees for Services Accounting$1,789$14,990-$16,779
Occupancy-$10,690-$10,690
Information Technology$5,832$1,416-$7,248
Grants to Domestic Individuals$6,659--$6,659
Fees for Services Other$2,255--$2,255
Office Expenses$46$1,757-$1,803
Travel$1,096$22-$1,118
Other Expenses$255$255-$510
Conferences and Meetings$242$81-$323
All Other Expenses$100$100-$200
Interest$87$58-$145
Depreciation Depletion$27$3-$30
Total Functional Expenses$685,680$135,934$2,156$823,770

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$823,770
Total Expenses per Audited Statements$823,770
Total Expenses per Form 990$823,770
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Payables$9,988
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The board reviews the financial statements and 990 form before it is filed.”

Form 990, Part VI, Section C, Line 18

“The foundation's 990 form is available for public inspection upon request. Ann mckimmon sikes is the president whom possesses the foundation's books and records and and upon contacting her, the foundation offers its 990 upon request.”

Form 990, Part VI, Section C, Line 19

“The foundation's governing documents, conflict of interest, and finanical statements are available for public inspection upon request. Ann mckimmon sikes is the president, whom possesses the foundation's books and records and upon contacting her, the foundation offers its governing documents, conflict of interest policy, and financial statements to the public upon request. The board of directors also througouhly reviews these documents at the board meetings.”

Filing and Contact Details

Filer

Filer Name
Montgomery Education Foundation
EIN
46-3586388
Phone
3346471700
Address
5950 CARMICHAEL ROAD RM 101, MONTGOMERY, AL 36117

Signing Officer

Name
Ann Mckimmon Sikes
Title
President
Phone
3346471700
Signed
2023-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ann Mckimmon Sikes
Formed
2013
Legal Domicile
Al
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Leadingham Rodgers LLC
Address
7001 BROCKPORT COURT, MONTGOMERY, AL 36117
Preparer
Arthur M Leadingham Jr CPA
Phone
3342703366
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization has adopted provisions of fasb asc no. 740, accounting for uncertainty in income taxes. As a result of the implementation of asc no. 740, the organization has not recognized any respective liability for unrecognized tax benefits, as it has no known tax positions that would subject it to any material income tax exposure.”

Raw XML AppendixShowing 400 of 421 raw XML fields

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/MissionDesc0MONTGOMERY EDUCATION FOUNDATION BELIEVES THAT ALL CHILDREN DESERVE A QUALITY EDUCATION. THE MISSION IS TO PROVIDE PROGRAMS THAT SUPPORT THE GROWTH OF OUR STUDENTS, SCHOOLS AND COMMUNITIES THROUGH PARTNERSHIP AND VOLUNTEERISM.
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IRS990/ProgSrvcAccomActy2Grp/Desc0CHARTER SCHOOLS:THE CHARTER SCHOOL CONVERSION BETWEEN MONTGOMERY EDUCATION FOUNDATION AND MONTGOMERY PUBLIC SCHOOLS AIMS TO ACCELERATE THE LEARNING OPPORTUNITIES FOR STUDENTS AT DAVIS ELEMENTARY, NIXON ELEMENTARY, AND BELLINGRATH MIDDLE SCHOOL. THE CHARTER SCHOOL CONVERSION AIMS: 1) FOR EACH SCHOOL TO RISE FROM A FAILING REPORT CARD TO A C OR BEYOND IN 5 YEARS OR LESS, 2) TO INCREASE FUNDING AND RETAINED FUNDING BY IMPROVING LEARNING AND ACADEMIC PERFORMACE/RESULTS, AND 3) IMPACTING A LARGER NUMBER OF STUDENTS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0SUMMER LEARNING PROGRAM AND MGM READS: ENGAGES MONTGOMERY'S YOUTH DURING THE SUMMER, THROUGH LITERACY, BY PROVIDING UNDERSERVED STUDENTS AND FAMILIES WITH BOOKS & STEM WITH A MULTI-CONCEPT STEM ENRICHMENT LAB THAT PROVIDES OPPORTUNITIES FOR CHILDREN TO LEARN, EXPLORE, HAVE FUN, AND BUILD DEEPER RELATIONSHIPS WITH THEIR PEERS AND TEACHERS DURING THE SUMMER.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0169485
IRS990/ProgSrvcAccomActy3Grp/GrantAmt02985
IRS990/ProgSrvcAccomActyOtherGrp/Desc0COMMUNITY ENGAGEMENT: SEEKS TO MOBILIZE COMMUNITY ASSOCIATIONS, PARENT-TEACHER GROUPS AND SCHOOL LEADERSHIP IN OUR PUBLIC SCHOOLS IN ORDER TO SUPPORT THE NEEDS AND CHALLENGES OF BOTH STUDENTS AND EDUCATORS
IRS990/ProgSrvcAccomActyOtherGrp/Desc1OTHER PROGRAM SERVICES: TO ACHIEVE AND ACCOMPLISH EDUCATING SOCIO-ECONIMCALLY DISADVANTAGED CHILDREN IN SCHOOL IN MONTGOMERY AND THE SURROUNDING AREA. PORTIONS OF FUNDING ARE ALSO EXPENSED TO PRE-KINDERGARTEN, AND FUNDRAISING IN ORDER TO EXPAND THE EDUCATION OFFERED IN THE ALABAMA SCHOOL SYSTEM, AND HELP FULFILL THE BASIC NEEDS AND SUPPLIES AND QUALITY EDUCATION IN ORDER TO ACCOMPLISH THIS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01283327
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0276
IRS990/PYOtherExpensesAmt0460129
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt019995
IRS990/PYSalariesCompEmpBnftPaidAmt0803479
IRS990/PYTotalExpensesAmt01263608
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01283603
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-138498
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0501865
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PPP LOAN FORGIVENESS - 2020 AMOUNT: $ 162,500. 2021 AMOUNT: $ 143,139. AL COVID-19 GRANT - 2020 AMOUNT: $ 20,000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1UPON BOARD VOTE, THE FOUNDATION ELECTED TO CHANGE ITS YEAR END TO SEPTEMBER 30, EFFECTIVE DURING THE CURRENT TAX YEAR. AS SUCH, THE 2022 990 IS A SHORT-YEAR RETURN, BEGINNING JANUARY 1, 2022 AND ENDING SEPTEMBER 30, 2022. THE FOUNDATION HAS NEVER PREVIOUSLY CHANGED ITS ANNUAL ACCOUNTING PERIOD AT ANY TIME, SO IN ADHERENCE TO IRS REVENUE PROCEDURE 85-58, IT IS EXEMPT FROM FILING FORM 1128: APPLICATION FOR CHANGE IN ACCOUNTING PERIOD.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART II, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0685103
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01140188
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01163739
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01178995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0897570
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05065595
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0168
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0276
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0444
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0143139
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0182500
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0325639
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93950
IRS990ScheduleA/PublicSupportPY170Pct00.94360
IRS990ScheduleA/PublicSupportTotal170Amt05065595
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0685103
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01140188
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01163739
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01178995
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0897570
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05065595
IRS990ScheduleA/TotalSupportAmt05391678
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0823770
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01237
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01237
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09988
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL PAYABLES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0685272
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ADOPTED PROVISIONS OF FASB ASC NO. 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. AS A RESULT OF THE IMPLEMENTATION OF ASC NO. 740, THE ORGANIZATION HAS NOT RECOGNIZED ANY RESPECTIVE LIABILITY FOR UNRECOGNIZED TAX BENEFITS, AS IT HAS NO KNOWN TAX POSITIONS THAT WOULD SUBJECT IT TO ANY MATERIAL INCOME TAX EXPOSURE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0823770
IRS990ScheduleD/TotalLiabilityAmt09988
IRS990ScheduleD/TotalRevenuePerForm990Amt0685272
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0685272
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0823770
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt06659
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0EDUCATIONAL GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS THE FINANCIAL STATEMENTS AND 990 FORM BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION'S 990 FORM IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. ANN MCKIMMON SIKES IS THE PRESIDENT WHOM POSSESSES THE FOUNDATION'S BOOKS AND RECORDS AND AND UPON CONTACTING HER, THE FOUNDATION OFFERS ITS 990 UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST, AND FINANICAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. ANN MCKIMMON SIKES IS THE PRESIDENT, WHOM POSSESSES THE FOUNDATION'S BOOKS AND RECORDS AND UPON CONTACTING HER, THE FOUNDATION OFFERS ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. THE BOARD OF DIRECTORS ALSO THROUGOUHLY REVIEWS THESE DOCUMENTS AT THE BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0469576
IRS990/TotalAssetsEOYAmt0279516
IRS990/TotalAssetsGrp/BOYAmt0469576
IRS990/TotalAssetsGrp/EOYAmt0279516
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0685104
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02156
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0135934
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0685680
IRS990/TotalFunctionalExpensesGrp/TotalAmt0823770
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0183368
IRS990/TotalLiabilitiesEOYAmt0131806
IRS990/TotalLiabilitiesGrp/BOYAmt0183368
IRS990/TotalLiabilitiesGrp/EOYAmt0131806
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0286208
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0147710
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0685680
IRS990/TotalReportableCompFromOrgAmt064538
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0168
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0685272
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0469576
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0279516
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt022
IRS990/TravelGrp/ProgramServicesAmt01096
IRS990/TravelGrp/TotalAmt01118
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IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt090000
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IRS990/USAddress/CityNm0MONTGOMERY
IRS990/USAddress/StateAbbreviationCd0AL
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IRS990/WebsiteAddressTxt0WWW.MONTGOMERYED.ORG
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ReturnHeader/Filer/EIN0463586388

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$279,516
Liabilities
$131,806
Net assets
$147,710
Revenue
$685,272
Expenses
$823,770
Net income
-$138,498
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.52$0.13$0.39$1.79$1.75$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.12$0.36$1.79$1.51$0.29
2022Detailed filing. Detailed filing data is available for this year.$0.28$0.13$0.15$0.69$0.82$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.18$0.29$1.28$1.26$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.02$0.27$1.35$1.21$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.32$0.19$0.13$1.22$1.24$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.01$0.15$0.90$1.16$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.08$0.41$1.06$0.84$0.23
2016Detailed filing. Detailed filing data is available for this year.$0.21$0.03$0.19$0.73$0.72$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.01$0.17$0.70$0.71$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.21$0.02$0.18$0.74$0.75$0.01
2013Summary only. Only limited summary data is available for this year.$0.21$0.01$0.19$0.27$0.08$0.19