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Montgomery Academy Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$131k (2023)

Expenses
$10.6k (2023)

Total Assets
$5.66M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$131,040
Expenses
$10,641
Net Income
$120,399
Net Assets
$5,655,676
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,289
10.9%
Program Services $0
Investment Income $116,972
89.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$221
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,655,676
Total Liabilities $0
Net Assets $5,655,676
Compensation
Key Employees and Officers Compensation Related Other
Henry H Hutchinson (Board Member) $0 $0 $0
Millie Houston (Chairman) $0 $0 $0
Andy Weil (Board Member) $0 $0 $0
Charlie Harris (Board Member) $0 $0 $0
Peter Selman (Board Member) $0 $0 $0
Steve Davidson (Board Member) $0 $0 $0
Clark Sahlie (Board Member) $0 $0 $0
Knox Kershaw (Board Member) $0 $0 $0
Shannon Speir (Board Member) $0 $0 $0
Ellen Brooks (Board Member) $0 $0 $0
Stephen Dees (Board Member) $0 $0 $0
Cade Armstrong (Board Member) $0 $0 $0
Nancy Bradford (Board Member) $0 $0 $0
John Mcwilliams (Head Of School) $0 $213,333 $19,179
Derek Dubose (Chief Financial Officer ) $0 $92,606 $7,237

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$152,940
Expenses
$3,000
Net Income
$149,940
Net Assets
$5,001,987
Notable Sources of Revenue Percent of Total Revenue
Contributions $13,673
8.9%
Program Services $0
Investment Income $139,212
91.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $55
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,001,987
Total Liabilities $0
Net Assets $5,001,987
Compensation
Key Employees and Officers Compensation Related Other
Henry H Hutchinson (Board Member) $0 $0 $0
Millie Houston (Chairman) $0 $0 $0
Andy Weil (Board Member) $0 $0 $0
Charlie Harris (Board Member) $0 $0 $0
Peter Selman (Board Member) $0 $0 $0
Steve Davidson (Board Member) $0 $0 $0
Clark Sahlie (Board Member) $0 $0 $0
Knox Kershaw (Board Member) $0 $0 $0
Shannon Speir (Board Member) $0 $0 $0
Ellen Brooks (Board Member) $0 $0 $0
Stephen Dees (Board Member) $0 $0 $0
Cade Armstrong (Board Member) $0 $0 $0
Nancy Bradford (Board Member) $0 $0 $0
John Mcwilliams (Head Of School) $0 $192,390 $18,384
Derek Dubose (Chief Financial Officer ) $0 $71,704 $4,134

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$113,793
Expenses
$9,261
Net Income
$104,532
Net Assets
$6,007,099
Notable Sources of Revenue Percent of Total Revenue
Contributions $16,360
14.4%
Program Services $0
Investment Income $97,499
85.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$66
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,007,099
Total Liabilities $0
Net Assets $6,007,099
Compensation
Key Employees and Officers Compensation Related Other
Henry H Hutchinson (Board Member) $0 $0 $0
Ronnie Brown (Board Member) $0 $0 $0
Millie Houston (Chairman) $0 $0 $0
Andy Weil (Board Member) $0 $0 $0
Charlie Harris (Board Member) $0 $0 $0
Peter Selman (Board Member) $0 $0 $0
Steve Davidson (Board Member) $0 $0 $0
Clark Sahlie (Board Member) $0 $0 $0
Inge Hill Jr (Board Member) $0 $0 $0
Knox Kershaw (Board Member) $0 $0 $0
Shannon Speir (Board Member) $0 $0 $0
Ellen Brooks (Board Member) $0 $0 $0
Amy Forrest (Chief Financial Officer Outgoing) $0 $61,325 $7,064
John Mcwilliams (Head Of School) $0 $190,872 $18,019
Derek Dubose (Chief Financial Officer Incoming) $0 $30,024 $1,627

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$114,467
Expenses
$5,751
Net Income
$108,716
Net Assets
$4,526,492
Notable Sources of Revenue Percent of Total Revenue
Contributions $21,176
18.5%
Program Services $0
Investment Income $93,291
81.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,526,492
Total Liabilities $0
Net Assets $4,526,492
Compensation
Key Employees and Officers Compensation Related Other
Henry H Hutchinson (Board Member) $0 $0 $0
Ronnie Brown (Board Member) $0 $0 $0
Millie Houston (Chairman) $0 $0 $0
Davis Smith (Board Member) $0 $0 $0
Charlie Harris (Board Member) $0 $0 $0
Peter Selman (Board Member) $0 $0 $0
Steve Davidson (Board Member) $0 $0 $0
Clark Sahlie (Board Member) $0 $0 $0
Inge Hill Jr (Board Member) $0 $0 $0
Knox Kershaw (Board Member) $0 $0 $0
Shannon Speir (Board Member) $0 $0 $0
Ellen Brooks (Board Member) $0 $0 $0
Amy Forrest (Chief Financial Officer) $0 $103,774 $12,172
John Mcwilliams (Head Of School) $0 $188,793 $19,319

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$116,426
Expenses
$178,091
Net Income
-$61,665
Net Assets
$4,324,426
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,290
9.7%
Program Services $0
Investment Income $105,224
90.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$88
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,324,426
Total Liabilities $0
Net Assets $4,324,426
Compensation
Key Employees and Officers Compensation Related Other
Henry H Hutchinson (Board Member) $0 $0 $0
Ronnie Brown (Board Member) $0 $0 $0
Emilie Reid (Board Member) $0 $0 $0
Millie Houston (President) $0 $0 $0
Andy Weil (Board Member) $0 $0 $0
Charlie Harris (Board Member) $0 $0 $0
Alex Carothers (Board Member) $0 $0 $0
Peter Selman (Board Member) $0 $0 $0
Steve Davidson (Board Member) $0 $0 $0
Clark Sahlie (Board Member) $0 $0 $0
Inge Hill Jr (Board Member) $0 $0 $0
Knox Kershaw (Board Member) $0 $0 $0
Shannon Speir (Board Member) $0 $0 $0
Ellen Brooks (Board Member) $0 $0 $0
Amy Forrest (Chief Financial Officer) $0 $101,099 $12,131
John Mcwilliams (Head Of School) $0 $126,055 $14,757

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$262,303
Expenses
$615,756
Net Income
-$353,453
Net Assets
$4,250,403
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,500
3.6%
Program Services $0
Investment Income $79,785
30.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $173,018
66.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,250,403
Total Liabilities $0
Net Assets $4,250,403
Compensation
Key Employees and Officers Compensation Related Other
Henry H Hutchinson (Board Member) $0 $0 $0
Ronnie Brown (Board Member) $0 $0 $0
Emilie Reid (Board Member) $0 $0 $0
Millie Houston (President) $0 $0 $0
Andy Weil (Board Member) $0 $0 $0
Charlie Harris (Board Member) $0 $0 $0
Alex Carothers (Board Member) $0 $0 $0
Dave Borden (Board Member) $0 $0 $0
Steve Davidison (Board Member) $0 $0 $0
Clark Sahlie (Board Member) $0 $0 $0
Inge Hill Jr (Board Member) $0 $0 $0
Knox Kershaw (Board Member) $0 $0 $0
Shannon Speir (Board Member) $0 $0 $0
Ellen Brooks (Board Member) $0 $0 $0
Amy Forrest (Chief Financial Officer) $0 $98,937 $11,827
James L Spencer (Head Of School) $0 $212,683 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$130,829
Expenses
$182,444
Net Income
-$51,615
Net Assets
$4,401,989
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,410
8.7%
Program Services $0
Investment Income $119,419
91.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,401,989
Total Liabilities $0
Net Assets $4,401,989
Compensation
Key Employees and Officers Compensation Related Other
Henry H Hutchinson (Chairman) $0 $0 $0
Ronnie Brown (Board Member) $0 $0 $0
Emilie Reid (Board Member) $0 $0 $0
Millie Houston (Board Member) $0 $0 $0
Andy Weil (Board Member) $0 $0 $0
Charlie Harris (Board Member) $0 $0 $0
Alex Carothers (Board Member) $0 $0 $0
Dave Borden (Board Member) $0 $0 $0
Steve Davidison (Board Member) $0 $0 $0
Clark Sahlie (Board Member) $0 $0 $0
Inge Hill Jr (Board Member) $0 $0 $0
Knox Kershaw (Board Member) $0 $0 $0
Shannon Speir (Board Member) $0 $0 $0
Ellen Brooks (B Oard Member) $0 $0 $0
Amy Forrest (Chief Financial Officer) $0 $96,667 $11,166
James L Spencer (Head Of School) $0 $123,395 $3,754

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$232,239
Expenses
$144,662
Net Income
$87,577
Net Assets
$4,049,673
Notable Sources of Revenue Percent of Total Revenue
Contributions $113,775
49.0%
Program Services $0
Investment Income $118,464
51.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,049,673
Total Liabilities $0
Net Assets $4,049,673
Compensation
Key Employees and Officers Compensation Related Other
Henry H Hutchinson (Chairman) $0 $0 $0
Ronnie Brown (Board Member) $0 $0 $0
Emilie Reid (Board Member) $0 $0 $0
Millie Houston (Board Member) $0 $0 $0
Andy Weil (Board Member) $0 $0 $0
Charlie Harris (Board Member) $0 $0 $0
Alex Carothers (Board Member) $0 $0 $0
Dave Borden (Board Member) $0 $0 $0
Steve Davidison (Board Member) $0 $0 $0
Inge Hill Jr (Board Member) $0 $0 $0
Knox Kershaw (Board Member) $0 $0 $0
Shannon Speir (Board Member) $0 $0 $0
Vivian Barfoot (Head Of School (Interim)) $0 $137,497 $10,468
Amy Forrest (Chief Financial Officer) $0 $96,470 $7,973

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$188,993
Expenses
$147,420
Net Income
$41,573
Net Assets
$4,143,801
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,460
3.9%
Program Services $0
Investment Income $181,533
96.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,143,801
Total Liabilities $0
Net Assets $4,143,801
Compensation
Key Employees and Officers Compensation Related Other
Henry H Hutchinson (Chairman) $0 $0 $0
Ronnie Brown (Board Member) $0 $0 $0
Emilie Reid (Board Member) $0 $0 $0
Clark Sahlie (Board Member) $0 $0 $0
Alex Carothers (Board Member) $0 $0 $0
Steve Davidison (Board Member) $0 $0 $0
Inge Hill Jr (Board Member) $0 $0 $0
Shannon Speir (Board Member) $0 $0 $0
Knox Kershaw (Board Member) $0 $0 $0
Dave Farace (Head Of School) $0 $208,121 $23,003
Amy Forrest (Chief Financial Officer) $0 $95,252 $7,848

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$93,844
Expenses
$139,566
Net Income
-$45,722
Net Assets
$4,102,230
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,665
7.1%
Program Services $0
Investment Income $87,179
92.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,102,230
Total Liabilities $0
Net Assets $4,102,230
Compensation
Key Employees and Officers Compensation Related Other
Henry H Hutchinson (Chairman) $0 $0 $0
Lewis Gayden (Board Member) $0 $0 $0
Emilie Reid (Board Member) $0 $0 $0
Clark Sahlie (Board Member) $0 $0 $0
Pete Taylor (Board Member) $0 $0 $0
Ted Giles (Board Member) $0 $0 $0
Alice Reynolds (Board Member) $0 $0 $0
Inge Hill Jr (Board Member) $0 $0 $0
Sommerville Hill (Board Member) $0 $0 $0
Shannon Speir (Board Member) $0 $0 $0
Helen Wells (Board Member) $0 $0 $0
Knox Kershaw (Board Member) $0 $0 $0
Owen Aronov (Board Member) $0 $0 $0
Dave Farace (Head Of School) $0 $202,094 $21,729
Amy Forrest (Chief Financial Officer) $0 $93,085 $7,628

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$84,231
Expenses
$129,676
Net Income
-$45,445
Net Assets
$3,530,065
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,495
7.7%
Program Services $0
Investment Income $77,736
92.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,530,065
Total Liabilities $0
Net Assets $3,530,065

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$44,618
Expenses
$130,270
Net Income
-$85,652
Net Assets
$3,161,285
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,045
11.3%
Program Services $0
Investment Income $77,872
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$38,299
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,161,485
Total Liabilities $200
Net Assets $3,161,285

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$149,390
Expenses
$137,380
Net Income
$12,010
Net Assets
$3,250,637
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,465
1.7%
Program Services $0
Investment Income $56,296
37.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $90,629
60.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,251,056
Total Liabilities $419
Net Assets $3,250,637

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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