Since ABC Montessori (ACE EDUCATION INTERNATIONAL) is a non-profit, their tax documents are made publicly available for download via many websites. Has anyone bothered to actually LOOK at them though?
We did. And we found some INTERESTING things in relation to “salary employees”.
Julene Smith, who was famously responsible for notorizing the “note” that gave permission for Larry Morey to beat Gentry Foster, was listed TWICE on the 2013 taxes, as well as another teacher, Siromi Binkley. Both of these double listings were used to calculate a staff cost of $196,800.
In addition, Ben Hardin, who is Kim’s other son and had no formal secondary education at the time, was being listed as “principal”.
In 2014, they listed the same people but removed the additional amounts – even claiming Benjamin, Arlette, and Chloe worked for FREE. Suddenly key employee costs dropped from $196,000 to $59,900 in one year.
The 2015 taxes are even more interesting. Although Jules left in December 2014, she is clearly still listed as a key employee TWICE, claiming she had been paid $55,000. See her resignation email below.
Siromi Binkley again is listed TWICE, being paid $64,000. Kim is still listed as getting nothing, and ben is still listed as the principal. Again, double entries are being added together to compile a total.
Although Kim was BARELY around in 2016 due to Larry not being allowed on campus (even though he was often there, we will discuss that in another post) – but that doesn’t stop her from claiming 60 hours a week at ABC for free. This time she isn’t listing employees twice anymore, but she is listing people who are NOT employed there any longer. Although Julene is listed as working for free, we know for a fact that Betty Phanor was the administrative assistant in 2016.
Chase Hardin is also void of applicable education but is listed as the assistant director in 2016 as well. We also know for a fact that Emilee Horn was being paid – and had increasing disputes with ABC over them not paying her the salary they agreed upon, although she is listed as being paid nothing here on the taxes.
There were no taxes filed in 2017.
Things REALLLLLLY changed in 2018. Benjamin, Kim’s son, has made it back on the list, for free, and now Kim is taking a salary of 34,981. These are the only salaries listed for 2018.
Does this look reputable and trustworthy TO YOU?