THE MONTGOMERY ACADEMY FOUNDATION

EIN: 431978408 501(c)(3) Education

MONTGOMERY, AL

Total Revenue
$919,566
Total Expenses
$2,174,057
Total Assets
$5,113,848
Net Assets
$5,113,848
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
AL
Principal Officer
MILLIE HOUSTON
Phone
3342728210
Tax Period
2024-07-01 to 2025-06-30

THE MONTGOMERY ACADEMY FOUNDATION, founded in 2002, is a small nonprofit in the Education sector that reported $262K in total revenue in fiscal year 2017. Revenue surged 100% from the prior year, signaling strong growth momentum. Expenses of $616K exceeded revenue, resulting in a 135% operating deficit.

Mission

PROVIDE FINANCIAL AND OTHER SUPPORT OF AND FOR THE MONGOMERY ACADEMY

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,700
Program Service Revenue $0
Investment Income $914,866
Other Revenue $0
TOTAL REVENUE $919,566

Expense Breakdown

Grants Paid $2,174,057
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,174,057
Other Expenses $0
TOTAL EXPENSES $2,174,057

Year-over-Year Comparison

2024 2023 Change
Revenue $919,566 $717,769 +0.3%
Expenses $2,174,057 $3,500 +620.2%
Net Income $-1,254,491 $714,269 -2.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
13

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$333,398
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HENRY H HUTCHINSON BOARD MEMBER 1.00
Director
$0 $0 $0
MILLIE HOUSTON CHAIRMAN 1.00
Officer Director
$0 $0 $0
ANDY WEIL BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLIE HARRIS BOARD MEMBER 1.00
Director
$0 $0 $0
PETER SELMAN BOARD MEMBER 1.00
Director
$0 $0 $0
CLARK SAHLIE BOARD MEMBER 1.00
Director
$0 $0 $0
KNOX KERSHAW BOARD MEMBER 1.00
Director
$0 $0 $0
SHANNON SPEIR BOARD MEMBER 1.00
Director
$0 $0 $0
ELLEN BROOKS BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN DEES BOARD MEMBER 1.00
Director
$0 $0 $0
NANCY BRADFORD BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM CRUM III BOARD MEMBER 1.00
Director
$0 $0 $0
ASHLEY MCDANIEL BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN MCWILLIAMS HEAD OF SCHOOL 1.00
Officer
$0 $20,516 $236,999
DEREK DUBOSE CHIEF FINANCIAL OFFICER 1.00
Officer
$0 $12,192 $96,399
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $919,566 $2,174,057 $5,113,848 $-1,254,491
2024 $717,769 $3,500 $6,569,913 $714,269
2023 $131,040 $10,641 $5,655,676 $120,399
2022 $152,940 $3,000 $5,001,987 $149,940
2021 $113,793 $9,261 $6,007,099 $104,532
2020 $114,467 $5,751 $4,526,492 $108,716
2019 $116,426 $178,091 $4,324,426 $-61,665
2018 $262,303 $615,756 $4,250,403 $-353,453
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