2026-05-14T15:32:13-05:00 2025-06-30 630933119 JAMISONMONEYFARMER PC PO BOX 2347 TUSCALOOSA AL 35403 990 2024-07-01 630519291 TUSCALOOSA ACADEMY TUSC 2057584462 420 RICE VALLEY ROAD N TUSCALOOSA AL 35406 DAN JOHNSON HEAD OF SCHOOL 2057584462 2026-05-13 1 1 ROBERT T BURNS JR P00385342 2053458440 2024 2025-03-06 01:10:19Z BECKIE SHARE 420 RICE VALLEY RD N TUSCALOOSA AL 35406 11081134 0 X WWW.TUSCALOOSAACADEMY.ORG X 1967 AL EDUCATION 14 14 142 75 0 0 1240701 2972521 6787486 7527885 114648 156523 55977 167284 8198812 10824213 0 0 0 0 4339432 4468895 0 0 294015 2831875 3308753 7171307 7777648 1027505 3046565 7999943 10886924 2814906 2655322 5185037 8231602 EDUCATION 0 0 6361867 7480210 ALL PROGRAM SERVICES ARE FOR THE OPERATIONS AND MAINTENANCE OF TUSCALOOSA ACADEMY. 6361867 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 38 0 142 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 1 0 X BECKIE SHARE 2057584462 420 RICE VALLEY ROAD N TUSCALOOSA AL 35406 X REESE BROOKS TRUSTEE EMERITUS 0.20 X X 0 0 0 JOSH JOHNSON VICE CHAIR 1.00 X X 0 0 0 JULIE SMITH SECRETARY 1.00 X X 0 0 0 NOEL AMASON BOARD CHAIR 1.00 X X 0 0 0 BRANDON STOUGH TREASURER 1.00 X X 0 0 0 JOSH DENNEY TRUSTEE 0.20 X 0 0 0 ANGELA HAMITER NONVOTING ADVISOR 0.20 X 0 0 0 FAVOR HINTON TRUSTEE 0.20 X 0 0 0 TARA HOWELL TRUSTEE 0.20 X 0 0 0 QUINTON MATTHEWS TRUSTEE 0.20 X 0 0 0 JENNIFER MILLER TRUSTEE 0.20 X 0 0 0 LEE HENDERSON TRUSTEE 0.20 X 0 0 0 ADRIANNE THOMPSON TRUSTEE 0.20 X 0 0 0 AMY WILLIAMS TRUSTEE 0.20 X 0 0 0 DAN JOHNSON CHIEF FINANCIAL OFFICER 40.00 X 120677 0 0 REBECCA SHARE HEAD OF SCHOOL 40.00 X 203084 0 0 323761 0 0 2 0 1 0 0 131631 2840890 2972521 TUITION 611110 5979756 5979756 MISC SCHOOL INCOME 611110 1080180 1080180 TAKS AND TAPA INCOME 611110 179305 179305 ACTIVITY FEES 611110 164661 164661 ATHLETICS INCOME 611110 123983 123983 7527885 156523 156523 13540 0 13540 13540 13540 323504 256921 66583 66583 GAIN/LOSS REAL & UNREALIZED 611110 49145 49145 BAD DEBT RECOVERY 611110 31402 31402 YEAR BOOK & PICTURE SALES 611110 6614 6614 87161 10824213 7802547 0 49145 317687 317687 3716006 2978300 655252 82454 77980 58932 17560 1488 63834 47132 15397 1305 293388 216625 70766 5997 65101 65101 51751 51751 4492 4492 89831 89831 63037 46543 15205 1289 71848 68873 2975 239703 230115 9588 6653 6653 93577 93577 37390 37390 395789 382960 12829 112676 108169 4507 TUITION EXPENSES & SCHO 946701 946701 REPAIRS & MAINTENANCE 285385 285385 ATHLETICS 233783 233783 FUNDRAISING EXPENSE 201482 201482 409554 409554 7777648 6361867 1121766 294015 1139030 1042654 789130 1716385 56540 144201 86963 107587 11286071 6299238 5052005 4986833 579634 642634 296641 2246630 7999943 10886924 706181 422491 1245403 1156395 863322 1076436 2814906 2655322 X 4565659 5251595 619378 2980007 5185037 8231602 7999943 10886924 3046565 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 313188 34015 347203 284092 29096 313188 263180 20912 284092 297336 -26625 7531 263180 285787 72558 61009 297336 0 0 97357 97357 8564650 4804589 3760061 2479926 1494649 985277 144138 144138 4986833 OPERATING ROU ASSET (NET) 32802 PLEDGES RECEIVABLE 2213828 2246630 PREPAID TUITION 1032938 DEFERRED INCOME 10696 OPERATING LEASE LIABILITY 32802 1076436 X 10129941 256921 256921 9873020 951193 951193 10824213 7083372 256917 256917 6826455 4492 946701 951193 7777648 PART V, LINE 4: AFRICAN AMERICAN ENDOWMENT WAS ESTABLISHED TO PROVIDE TUITION AND FEES SCHOLARSHIPS TO AFRICAN AMERICAN STUDENTS. PART X, LINE 2: 15. UNCERTAIN TAX POSITIONS MANAGEMENT HAS EVALUATED THE ACADEMY'S TAX POSITIONS AND BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED. THE ACADEMY FILES INCOME TAX RETURNS IN THE U.S FEDERAL JURISDICTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: KITCHEN COGS TEXTBOOK COGS LAPTOP EXPENSES CONCESSION COGS PART XII, LINE 2D - OTHER ADJUSTMENTS: LUNCHROOM COGS TEXTBOOK COGS LAPTOP EXPENSES CONCESSIONS COGS PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION & SCHOLARSHIP EXPENSE 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NEWSPAPER AD X 0 0 0 0 0 0 0 0 0 REBECCA SHARE HEAD OF SCHOOL 203084 0 0 0 0 0 0 0 0 0 203084 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A TRUSTEES, DIRECTORS AND OFFICERS ARE ALLOWED TO VOTE ON NEW TRUSTEES, DIRECTORS, AND OFFICERS. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 A COMPLETED DRAFT OF THE FORM 990 IS PROVIDED TO THE SCHOOL'S BUSINESS MANAGER TO REVIEW AND APPROVE FOR SUBMISSION TO THE IRS. THE BOARD MAY OR MAY NOT REQUIRE ALL BOARD MEMBERS TO REVIEW PRIOR TO FILING; HOWEVER, THE BUSINESS MANAGER FURTHER PROVIDES CERTAIN MEMBERS AN OPPORTUNITY TO SEE THE DRAFTED FORM 990 AND VOICE ANY CONCERS PRIOR TO FINAL SUBMISSION OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ARTICLE IX SCHOOL BYLAWS: SECTION 1. CONFLICT OF INTEREST: A TRUSTEE SHALL NOT VOTE OR DEBATE ON ANY MATTER IN WHICH THE TRUSTEE(OR MEMBER OF HIS OR HER IMMEDIATE FAMILY OR AN ENTITY OWNED BY ANY SUCH INDIVIDUAL) HAS A DIRECT OR INDIRECT INTEREST. THE BOARD MAY APPROVE A TRANSACTION IN WHICH A TRUSTEE HAS AN INTEREST IF THE MATERIAL FACTS OF THE TRANSACTION AND THE TRUSTEE'S INTEREST ARE DISCLOSED AND IF THE TRUSTEES APPROVING THE TRANSACTION IN GOOD FAITH REASONABLY BELIEVE THAT THE TRANSACTION IS FAIR TO THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 15B FORM 990, PART VI, LINE 15B - COMPENSATION PROCESS FOR OFFICERS PER BYLAWS, SECTION 5: ANNUAL REVIEW OF PERFORMANCE AND COMPENSATION: AN ANNUAL REVIEW OF THE PERFORMANCE OF THE HEADMASTER SHALL BE CONDUCTED. THE BOARD SHALL DETERMINE THE PROCEDURE AND PROCESS TO BE FOLLOWED AFTER CONSULTATION WITH THE HEADMASTER. THE PROCESS SHOULD INCLUDE INPUT FROM EACH TRUSTEE, THE HEADMASTER, AND FROM KEY MEMBERS OF THE SCHOOL COMMUNITY, A SELF-EVALUATION BY THE HEADMASTER, AND AN EVALUATION OF THE HEADMASTER'S PROGRESS IN ACCOMPLISHING THE ANNUAL STRATEGIC GOALS OF THE SCHOOL, TO THE EXTENT APPLICABLE. THE EXECUTIVE COMMITTEE SHALL BE CHARGED WITH CONDUCTING THE EVALUATION PROCESS. THE COMMITTEE SHALL REPORT ITS FINDINGS AND ACTIONS TO THE BOARD AND SHALL MAKE ANY RECOMMENDATIONS THAT IT MAY HAVE WITH RESPECT TO THE HEADMASTER'S COMPENSATION, AND SHALL MAKE A WRITTEN REPORT OF SUCH FINDINGS, ACTIONS AND RECOMMENDATIONS. THE COMMITTEE'S WRITTEN REPORT SHALL BE MADE AVAILABLE TO ALL BOARD MEMBERS PRIOR TO THE BOARD'S VOTE ON RENEWAL OF THE HEADMASTER'S ANNUAL CONTRACT, UNLESS THE BOARD SHALL WAIVE THIS REQUIREMENT BY TWO-THIRDS VOTE. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION NO DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART VII, SECTION A, LINE 1A: VOTING MEMBERS AND NON-VOTING MEMBERS: THE HEADMASTER OF THE SCHOOL IS A MEMBER OF THE GOVERNING BODY, BUT NOT A VOTING MEMBER OF THE BOARD OF DIRECTORS. ALL OTHER MEMBERS OF THE GOVERNING BODY ARE VOTING MEMBERS OF THE BOARD OF DIRECTORS.