Civic Intelligence

Montgomery Academy

990EZ • Fiscal year 2022 • EIN 83-2777380

Jan 01, 2022 to Dec 31, 2022 • Filed on May 11, 2023

2760 Trenton RoadClarksville, TN 37040

(931) 278-9089

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

67th percentile

16%

Higher net margin than 67% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

90th percentile

$38,000

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 27.6% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

$39,607

No earlier filing loaded for comparison.

Net Assets

$39,607

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$137,531

No earlier filing loaded for comparison.

Expenses

$114,839

No earlier filing loaded for comparison.

Net Income

$22,692

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2022: $39,607Liabilities 2022: $0Net Assets 2022: $39,6072022Assets 2023: $48,515Liabilities 2023: $1,168Net Assets 2023: $47,3472023Assets 2024: $69,846Liabilities 2024: $4,973Net Assets 2024: $64,8732024

Highlighted filing

2022

Assets$39,607
Liabilities$0
Net Assets$39,607

Operations Trend

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

$300K$200K$100K$0Revenue 2022: $137,531Expenses 2022: $114,839Net Income 2022: $22,6922022Revenue 2023: $183,821Expenses 2023: $168,582Net Income 2023: $15,2392023Revenue 2024: $228,341Expenses 2024: $220,687Net Income 2024: $7,6542024

Highlighted filing

2022

Revenue$137,531
Expenses$114,839
Net Income$22,692
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 11, 2023
Return Version
2022v5.0
Gross Receipts
$138,190
Mission and Program Overview

Mission

Montgomery Academy provides spiritual and academic nourishment to families in the Clarksville-Montgomery County area. We do this primarily during core classes that meet twice per week, open to homeschooling families. Additionally, we offer elective courses, parent training, social events, assessments, and tutoring to the broader community. 76 Students currently attend classes on campus days and an additional 14 have used additional services. Our community events average 200 in attendance. We regularly connect community members with a variety of resources in our area, thereby supporting the local school system and area specialists. We employ 16 staff members and provide generous tuition discounts to them. Many of our staff members are professionals from the community. Because we value socioeconomic diversity, our tuition is lower in comparison to other programs in our area and we maintain a library that helps further offset costs. Tuition assistance is generous.

Program Services

DescriptionGrantsExpenses
Montgomery Academy (MA) is providing additional information regarding our nonprofit organization's educational services, community events, and classes. Our organization currently serves 78 students and their families with an additional (fluctuating) group of students reached through tutoring services. We offer core academic courses and elective choices to Christian homeschool families in our area as well as social events and academic training opportunities. Additional/elective programs and events are open to the community at large regardless of affiliation. We also provide academic advising services to link families with resources that MA does not offer- thereby contributing to the growth of specialized or niche programs in our area. Our Christmas program and Shakespeare play are open to the community and saw attendance in excess of 200 people. Our elective courses are meeting needs in our area that are unfilled by other institutions. In 2022, we offered Biblical Greek, 3D Printing, Digital Photography, and Community Choir outside our regular school days. Our competitive archery team recently attended the National Archery in the Schools Tournament and we have plans to grow this program. Our entire operating budget is supported by student tuition and donations. Our current assets include basic office equipment valued at $1500 and a library valued at $3500.$0$115,273
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Leann BoydDirectorPT$38,000-$38,000
Ryan CoatneyPresident-$0--
Andrew ArringtonTreasurer-$0--
Sarah SchwartzSecretary-$0--
Stephen LeeMember At Large-$0--
Brett VadenMember At Large-$0--
Governance and Compliance

Governance Explanations

Form 990-EZ, Part VI, Line 47

Montgomery Academy (MA) is providing additional information regarding our nonprofit organization's educational services, community events, and classes. Our organization currently serves 78 students and their families with an additional (fluctuating) group of students reached through tutoring services. We offer core academic courses and elective choices to Christian homeschool families in our area as well as social events and academic training opportunities. Additional/elective programs and events are open to the community at large regardless of affiliation. We also provide academic advising services to link families with resources that MA does not offer- thereby contributing to the growth of specialized or niche programs in our area. Our Christmas program and Shakespeare play are open to the community and saw attendance in excess of 200 people. Our elective courses are meeting needs in our area that are unfilled by other institutions. In 2022, we offered Biblical Greek, 3D Printing, Digital Photography, and Community Choir outside our regular school days. Our competitive archery team recently attended the National Archery in the Schools Tournament and we have plans to grow this program. Our entire operating budget is supported by student tuition and donations. Our current assets include basic office equipment valued at $1500 and a library valued at $3500.

Filing and Contact Details

Filer

Filer Name
Montgomery Academy
EIN
83-2777380
Phone
9312789089
Address
2760 Trenton Road, Clarksville, TN 37040

Signing Officer

Name
Leann Boyd
Title
Director
Phone
9312789089
Signed
2023-05-11
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Other expenses include office supplies, hospitality, phone, internet, website, background checks, classroom supplies, advertising, and insurance.

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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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IRS990EZ/PrimaryExemptPurposeTxt0Montgomery Academy provides spiritual and academic nourishment to families in the Clarksville-Montgomery County area. We do this primarily during core classes that meet twice per week, open to homeschooling families. Additionally, we offer elective courses, parent training, social events, assessments, and tutoring to the broader community. 76 Students currently attend classes on campus days and an additional 14 have used additional services. Our community events average 200 in attendance. We regularly connect community members with a variety of resources in our area, thereby supporting the local school system and area specialists. We employ 16 staff members and provide generous tuition discounts to them. Many of our staff members are professionals from the community. Because we value socioeconomic diversity, our tuition is lower in comparison to other programs in our area and we maintain a library that helps further offset costs. Tuition assistance is generous.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Montgomery Academy (MA) is providing additional information regarding our nonprofit organization's educational services, community events, and classes. Our organization currently serves 78 students and their families with an additional (fluctuating) group of students reached through tutoring services. We offer core academic courses and elective choices to Christian homeschool families in our area as well as social events and academic training opportunities. Additional/elective programs and events are open to the community at large regardless of affiliation. We also provide academic advising services to link families with resources that MA does not offer- thereby contributing to the growth of specialized or niche programs in our area. Our Christmas program and Shakespeare play are open to the community and saw attendance in excess of 200 people. Our elective courses are meeting needs in our area that are unfilled by other institutions. In 2022, we offered Biblical Greek, 3D Printing, Digital Photography, and Community Choir outside our regular school days. Our competitive archery team recently attended the National Archery in the Schools Tournament and we have plans to grow this program. Our entire operating budget is supported by student tuition and donations. Our current assets include basic office equipment valued at $1500 and a library valued at $3500.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other expenses include office supplies, hospitality, phone, internet, website, background checks, classroom supplies, advertising, and insurance.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Montgomery Academy (MA) is providing additional information regarding our nonprofit organization's educational services, community events, and classes. Our organization currently serves 78 students and their families with an additional (fluctuating) group of students reached through tutoring services. We offer core academic courses and elective choices to Christian homeschool families in our area as well as social events and academic training opportunities. Additional/elective programs and events are open to the community at large regardless of affiliation. We also provide academic advising services to link families with resources that MA does not offer- thereby contributing to the growth of specialized or niche programs in our area. Our Christmas program and Shakespeare play are open to the community and saw attendance in excess of 200 people. Our elective courses are meeting needs in our area that are unfilled by other institutions. In 2022, we offered Biblical Greek, 3D Printing, Digital Photography, and Community Choir outside our regular school days. Our competitive archery team recently attended the National Archery in the Schools Tournament and we have plans to grow this program. Our entire operating budget is supported by student tuition and donations. Our current assets include basic office equipment valued at $1500 and a library valued at $3500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part VI, Line 47
ReasonableCauseExplanation/ExplanationTxt0Our return was late due to our usual software being unavailable for e-filing. We were not given advance notice and tax due date coincided with our standardized testing and end-of-year closing procedures. Our staff had to be pulled from usual responsibilities and make a last-minute adjustment.
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