2024-05-14T13:00:42-05:00 2023-06-30 390859910 BAKER TILLY US LLP 790 N WATER ST SUITE 2000 MILWAUKEE WI 53202 990 2022-07-01 473685752 PENFIELD MONTESSORI ACADEMY INC PENF 4143447676 833 N 26TH STREET MILWAUKEE WI 53233 POLINA MAKIEVSKY CEO/PRESIDENT 4143447676 2024-05-14 1 POLINA MAKIEVSKY XXX-XX-XXXX 1 TROY MARINE CPA P00187863 4147775500 2024-05-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z POLINA MAKIEVSKY 833 N 26TH STREET MILWAUKEE WI 53233 2391597 0 X WWW.PENFIELDMONTESSORI.ORG X 2016 WI PENFIELD MONTESSORI ACADEMY IS A FULLY-INCLUSIVE PUBLIC UW-MILWAUKEE CHARTER MONTESSORI SCHOOL FOR CHILDREN OF ALL ABILITIES. OUR MISSION IS TO PROVIDE A RICH AND CHALLENGING ENVIRONMENT WHICH ALLOWS STUDENTS TO REALIZE THEIR FULLEST POTENTIAL ACADEMICALLY, EMOTIONALLY, AND SOCIALLY. 15 14 56 12 0 0 2394327 2233112 95784 125188 0 1001 2793 32296 2492904 2391597 0 0 0 0 1761611 2371048 0 0 40761 861055 1078332 2622666 3449380 -129762 -1057783 4009699 1134506 178064 1071450 3831635 63056 X PENFIELD MONTESSORI ACADEMY IS A FULLY-INCLUSIVE PUBLIC UW-MILWAUKEE CHARTER MONTESSORI SCHOOL FOR CHILDREN OF ALL ABILITIES. OUR MISSION IS TO PROVIDE A RICH AND CHALLENGING ENVIRONMENT WHICH ALLOWS STUDENTS TO REALIZE THEIR FULLEST POTENTIAL ACADEMICALLY, EMOTIONALLY, AND SOCIALLY. 0 1 2350521 125188 PENFIELD MONTESSORI MEETS THE UNIQUE EDUCATION, HEALTH AND WELLNESS AND FAMILY ENGAGEMENT NEEDS OF EACH INDIVIDUAL LEARNER IN A SAFE, SUPPORTIVE, AND DIVERSE ACADEMIC ENVIRONMENT. PENFIELD MONTESSORI ACADEMY SERVES STUDENTS WHO ARE TYPICALLY DEVELOPING AS WELL AS STUDENTS WITH HIGH NEEDS. THE ORGANIZATION ALSO TAKES PRIDE IN OUR ECONOMIC, RACIAL, AND CULTURAL DIVERSITY. PMA SERVED K3, K4, K5 AND 1ST THROUGH 6TH GRADES DURING THE FISCAL YEAR. PMA HAD 114 STUDENTS FOR THE PRELIMINARY SCHOOL COUNT IN SEPTEMBER 2022 AND 120 STUDENTS ON THE JANUARY 2023 COUNT. PMA USES A COMPREHENSIVE MODEL TO ENSURE THAT STUDENTS BENEFIT FROM THE CULTURE, SUPPORT SERVICES, PARTNERSHIPS, AND FAMILY AND COMMUNITY ENGAGEMENT OFFERED AT THE SCHOOL. THE SCHOOL PARTNERS WITH ACADEMIC INSTITUTIONS TO CREATE AN EDUCATIONAL MODEL THAT WILL SERVE AS A TEACHING, TRAINING, AND RESEARCH FACILITY. PMA ALSO STRIVES TO MEET THE HEALTH AND WELLNESS NEEDS OF BOTH TYPICALLY DEVELOPING STUDENTS AND THOSE WITH SIGNIFICANT MEDICAL AND/OR DEVELOPMENTAL NEEDS THROUGH THE SCHOOL'S ASSOCIATION WITH PENFIELD CHILDREN'S CENTER. THIS INCLUDES OCCUPATIONAL, PHYSICAL, SPEECH, AND BEHAVIOR THERAPY, NURSING, AND ADMINISTRATIVE SUPPORT.PMA'S EDUCATIONAL PROGRAM IS GUIDED BY THE WORK OF DR. MARIA MONTESSORI AND HER MONTESSORI METHOD. KEY FEATURES INCLUDE MULTI-AGE CLASSROOMS LED BY A MONTESSORI-TRAINED TEACHER WITH A FULL SET OF THE MONTESSORI EDUCATIONAL MATERIALS. THE MATERIALS OFFER CHILDREN HANDS-ON, CONCRETE LEARNING EXPERIENCES. THEY HELP THE CHILD ACQUIRE AN INDEPENDENT SENSE OF SELF, SUPPORT THE CHILD IN DEVELOPING THEIR ABILITY TO COMMUNICATE ACCURATELY AND PRECISELY, READ AND WRITE WITH COMPREHENSION, AND DEVELOP A DEEP UNDERSTANDING OF MATHEMATICS, INCLUDING QUANTITIES, OPERATIONS, AND NUMBER SENSE. STUDENTS ALSO LEARN TO WORK AND FUNCTION BOTH INDEPENDENTLY AND COLLABORATIVELY IN A DIVERSE COMMUNITY, DEVELOPING POSITIVE SOCIAL EMOTIONAL SKILLS, A SENSE OF RESPONSIBILITY, AND COMPASSION FOR SELF AND OTHERS. 2350521 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 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 1 0 0 0 1 15 0 56 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KARA COLEMAN 4143447676 833 N 26TH STREET MILWAUKEE WI 53233 CHRISTINE P HOLMES CHAIR 0.10 0.90 X X 0 182568 14190 MADONNA WILLIAMS VICE CHAIR 0.10 0.20 X X 0 0 0 LISA VANLANDEGHEM TREASURER 0.10 X X 0 0 0 TERE SACKERSON SECRETARY 0.10 X X 0 0 0 BOB SCHWARTZ DIRECTOR 0.10 X 0 0 0 CHRISTOPHER DUE DIRECTOR 0.10 X 0 0 0 DANILA DANESI DIRECTOR 0.10 X 0 0 0 DEANNA TILLISCH DIRECTOR 0.10 X 0 0 0 JAMES BURNETT DIRECTOR 0.10 X 0 0 0 JULIA MAGNASCO DIRECTOR 0.10 X 0 0 0 JULIE GILPIN DIRECTOR 0.10 X 0 0 0 KIMBERLY RENNIE PHD DIRECTOR 0.10 0.20 X 0 0 0 ROBERT MIKULAY DIRECTOR 0.10 0.20 X 0 0 0 RONNY THOMPSON DIRECTOR 0.10 X 0 0 0 SUSAN SAGER DIRECTOR 0.10 X 0 0 0 MORA ANDERSON HEAD OF SCHOOL 40.00 X 107753 0 9275 107753 182568 23465 1 0 1 0 CATCON INC 833 E MICHIGAN ST STE 1000 MILWAUKEE WI 53202 CONSTRUCTION CONTRACTOR 506518 GORDON SOLUTIONS LLC 7500 N TEUTONIA AVE MILWAUKEE WI 53209 WINDOW INSTALLATION 435895 MILWAUKEE CENTER FOR INDEPENDENCE 2020 W WELLS STREET MILWAUKEE WI 53233 MEAL SERVICE 104771 3 5145 2048269 179698 1703 2233112 MEDICAID FEES 561300 96133 96133 CHILD CARE 624410 29055 29055 125188 1001 1001 OTHER REVENUE 900099 32296 32296 32296 2391597 125188 0 33297 X 117029 117029 1840872 1415596 425276 27266 22631 4635 209709 174058 35651 176172 134647 41525 55061 21686 33375 83577 83577 408037 183039 224998 7386 7386 83468 51761 31707 62940 62850 90 1411 1371 40 3148 1715 1433 FOOD SUPPLIES 116823 114554 2269 REPAIRS AND MAINTENANCE 110789 92001 18788 CLASSROOM SUPPLIES 98952 86604 12348 DUES AND SUBSCRIPTIONS 27686 4792 22894 19054 4902 14152 3449380 2350521 1058098 40761 156617 424522 695390 0 1590364 0 395549 709984 22758 0 0 0 31303 0 1117718 0 4009699 1134506 147967 368150 30097 703300 178064 1071450 X 1205990 63056 2625645 0 3831635 63056 4009699 1134506 X -1057783 -2710796 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO/FROM INTERCOMPANY 703300 703300 X 1018370 96333 -1469560 -1373227 2391597 0 2391597 4779782 96333 1234069 1330402 3449380 0 3449380 PART X, LINE 2: PMA IS AN EXEMPT ORGANIZATION FOR INCOME TAX PURPOSES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. PMA FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF WISCONSIN. PMA FOLLOWS CURRENT ACCOUNTING GUIDANCE, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN PMA'S FINANCIAL STATEMENTS. THE CODIFICATION PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CODIFICATION ALSO PROVIDES GUIDANCE ON DERECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. PMA DID NOT HAVE UNRECOGNIZED TAX BENEFITS AS OF JUNE 30, 2023 AND DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. PMA WILL RECOGNIZE INTEREST AND PENALTIES, IF ANY, ASSOCIATED WITH PMA'S TAX POSITIONS AS A COMPONENT OF UNRELATED BUSINESS INCOME TAX EXPENSE ON THE STATEMENTS OF ACTIVITIES. AS OF JUNE 30, 2023, PMA HAS NOT ACCRUED TAX, INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. PMA DID NOT HAVE ANY INCOME TAX EXPENSE IN 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST 35,307. LOSS ON DONOR RESTRICTED CONTRIBUTIONS -1,504,867. PART XII, LINE 2D - OTHER ADJUSTMENTS: CAPITALIZED EXPENSES PAID TO PMA BUILDING, LLC 1,234,069. 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL HAS A NONDISCRIMINATORY POLICY THAT IS COMMUNICATED TO ALL STUDENT APPLICANTS. A COPY OF THE POLICY IS MADE AVAILABLE UPON REQUEST. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES SUPPORT FROM STATE AND FEDERAL GOVERNMENTAL AGENCIES. 0 0 0 0 0 0 0 0 0 CHRISTINE P HOLMES CHAIR 0 182568 0 0 0 0 0 5408 0 8782 0 196758 0 0 FORM 990, SCHEDULE J, PART I, LINE 3: CHRISTINE P. HOLMES (CEO AND PRESIDENT OF PENFIELD CHILDREN'S CENTER, INC., A RELATED ORGANIZATION) HAS COMPENSATION DETERMINED UNDER THE FOLLOWING METHODS: 1. COMPENSATION COMMITTEE 2. COMPENSATION SURVEY OR STUDY 3. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART III, LINE 3 EFFECTIVE JUNE 15, 2023, THE BOARD OF DIRECTORS VOTED TO LIQUIDATE BECAUSE OF CONTINUING LOSSES AND UNSUSTAINABLE REIMBURSEMENT RATES THAT MAKE A REUTRN TO POSITIVE OPERATIONS UNLIKELY. THE BOARD CAREFULLY CONSIDERED ALL OF THE OPTIONS AND DETERMINED THE BEST COURSE OF ACTION WOULD BE TO CLOSE AT THE END OF THE 2022-2023 SCHOOL YEAR. FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE JUNE 15, 2023 THE BOARD OF DIRECTORS VOTED TO LIQUIDATE BECAUSE OF CONTINUING LOSSES AND UNSUSTAINABLE REIMBURSEMENT RATES THAT MAKE A RETURN TO POSITIVE OPERATIONS UNLIKELY. THE BOARD CAREFULLY CONSIDERED ALL OF THE OPTIONS AND DETERMINED THE BEST COURSE OF ACTION WOULD BE TO CLOSE AT THE END OF THE 2022-2023 SCHOOL YEAR FORM 990, PART VI, SECTION A, LINE 6 PENFIELD CHILDREN'S CENTER IS THEIR SOLE MEMBER PER THE ARTICLES OF INCORPORATION. FORM 990, PART VI, SECTION A, LINE 7A PENFIELD CHILDREN'S CENTER IS THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B AN INTERNAL REVIEW OF THE IRS FORM 990 IS PERFORMED BY THE APPROPRIATE FINANCE STAFF AND THE PMA BOARD TREASURER. THE BOARD OF PMA IS THEN PROVIDED THE COMPLETED FORM 990 FOR REVIEW AND COMMENTARY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND KEY PERSONNEL COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ON AN ANNUAL BASIS. DISCLOSURES OF POSSIBLE CONFLICTS OF INTEREST ARE REVIEWED BY THE CFO/VP OF ADMINISTRATION. THE CFO/VP OF ADMINISTRATION NOTIFIES THE PRESIDENT AND CHAIRMAN OF THE BOARD OF ANY SITUATIONS THAT REQUIRE THEIR REVIEW. IF A CONFLICT OF INTEREST EXISTS FOR ANY BOARD DISCUSSION, THE BOARD MEMBER(S) WILL BE RECUSED FROM DISCUSSION AND VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIRMAN OF THE BOARD AND EXECUTIVE COMMITTEE DETERMINE THE PRESIDENT'S COMPENSATION ANNUALLY. THE DIRECTOR OF HUMAN RESOURCES ALSO REVIEWS THE SALARY RANGES EACH YEAR BASED ON MARKET CONDITIONS AND SALARY AND WAGE GUIDANCE. IN 2019, A FULL MARKET STUDY WAS DONE BY MRA FOR ALL STAFF. THE BOARD OF PMA APPROVES THE OVERALL STAFF BUDGET AND THE AMOUNT OF ANY INCREASES FOR STAFF (AS APPLICABLE). FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 183,039. MANAGEMENT AND GENERAL EXPENSES 224,998. TOTAL EXPENSES 408,037. FORM 990, PART XI, LINE 9: LOSS ON DONOR RESTRICTED CONTRIBUTIONS -1,504,867. CHANGE IN BENEFICIAL INTEREST 35,307. ADJUSTMENTS OF ESTIMATED VALUES -7,167. CAPITALIZED EXPENSES PAID TO PMA BUILDING, LLC -1,234,069. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR. PMA BUILDING LLC 833 N 26TH STREET MILWAUKEE WI 53233 BUILDING OWNERSHIP AND MAINTENANCE WI -66411 1574244 PENFIELD CHILDREN'S CENTER INC PCC BUILDING LLC 833 N 26TH STREET MILWAUKEE WI 53233 OWNS PROPERTY FOR USE BY PENFIELD CHILDREN'S CENTER WI 59948 172556 PENFIELD CHILDREN'S CENTER INC PENFIELD CHILDREN'S CENTER INC 833 N 26TH STREET MILWAUKEE WI 53233 391093701 SUPPORTED BY FUNDRAISING OF FRIENDS ORGANIZATION WI 501(C)(3) LINE 10 N/A 0 FRIENDS OF PENFIELD CHILDREN'S CENTER 833 N 26TH STREET MILWAUKEE WI 53233 930794216 FUNDRAISING FOR PENFIELD CHILDREN'S CENTER WI 501(C)(3) LINE 12C, III-FI PENFIELD CHILDREN'S CENTER INC 0 VMMS BUILDING CORPORATION 833 N 26TH STREET MILWAUKEE WI 53233 237311192 OWNS PROPERTY OCCUPIED BY PENFIELD CHILDREN'S CENTER, INC. WI 501(C)(2) PENFIELD CHILDREN'S CENTER INC 0 0 1 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 1 0