Altamont School

Organization Overview

Altamont School is located in Birmingham, AL. The organization was established in 1963. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Altamont School employed 114 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Altamont School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Altamont School generated $7.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $7.4m during the year ending 06/2022. While expenses have increased by 1.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE ALTAMONT SCHOOL IS TO IMPROVE THE FABRIC OF SOCIETY BY GRADUATING COMPASSIONATE, WELL EDUCATED INDIVIDUALS CAPABLE OF INDEPENDENT THINKING AND INNOVATIVE IDEAS. TO THIS END, THE SCHOOL ATTRACTS, NURTURES AND CHALLENGES STUDENTS WHOSE COMMITMENT TO TRUTH, KNOWLEDGE AND HONOR WILL PREPARE THEM NOT ONLY FOR THE MOST RIGOROUS COLLEGE PROGRAMS, BUT ALSO FOR PRODUCTIVE LIVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INDEPENDENT DAY SCHOOL FOR GRADES FIVE THROUGH TWELVE.


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Board, Officers & Key Employees

Name (title)Compensation
Durst Chris
Head Of School(partial Year)
$231,898
Bendeltom
Head Of School(partial Year)
$116,686
Mckowen Amber
Director Of Finance
$91,861
Pak Dottie
Secretary
$0
Lyons Matt
Treasurer
$0
Stephens Bryson
Vice President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Bradley Arant Boult Cummings Llp
Legal
$116,998
Fisher Phillips
Legal
$103,836
Johnson Kreis Construction Company Inc
Construction
$102,045
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,114,238
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,114,238
Total Program Service Revenue$6,693,701
Investment income $135,768
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,943,707

Grants Recieved

Over the last fiscal year, we have identified 17 grants that Altamont School has recieved totaling $507,935.

Awarding OrganizationAmount
The Community Foundation Of Greater Birmingham

Birmingham, AL

PURPOSE: GENERAL SUPPORT + SPECIAL PROGRAMS

$165,900
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$135,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$57,300
$51,500
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: EDUCATION

$30,000
Bashinsky Foundation Inc

Birmingham, AL

PURPOSE: CHARITABLE

$23,884
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$6,030,446
Earnings-$683,275
Net Contributions$203,113
Ending Balance$5,550,284

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