2023-03-15T09:30:50-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2021-07-01 390806363 WAYLAND ACADEMY WAYL 9203562120 101 N UNIVERSITY AVE BEAVER DAM WI 53916 DAVID ARMSTRONG CFO 9203562120 2023-03-14 1 DAVID ARMSTRONG 999009999 KIMBERLY ANDERSON CPA P00188889 6086628600 2023-03-14 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z DAVID ARMSTRONG 101 N UNIVERSITY AVE BEAVER DAM WI 53916 7459484 0 X WWW.WAYLAND.ORG X 1855 WI WAYLAND ACADEMY PREPARES EACH STUDENT FOR COLLEGE AND BEYOND THROUGH A LIBERAL ARTS CURRICULUM AND CAMPUS PROGRAMS DEVOTED TO THE PURSUIT OF KNOWLEDGE AND THE DEVELOPMENT OF CHARACTER. 19 19 56 106 0 0 4187283 2616211 3203101 2864396 173876 330220 -8847 16073 7555413 5826900 0 0 0 0 2857404 2802784 0 0 484905 3222168 3695727 6079572 6498511 1475841 -671611 40976053 38778158 3311329 5099167 37664724 33678991 WAYLAND ACADEMY PREPARES EACH STUDENT FOR COLLEGE AND BEYOND THROUGH A LIBERAL ARTS CURRICULUM AND CAMPUS PROGRAMS DEVOTED TO THE PURSUIT OF KNOWLEDGE AND THE DEVELOPMENT OF CHARACTER. 0 0 4778030 2853971 WAYLAND ACADEMY IS A COEDUCATIONAL COLLEGE PREPARATORY BOARDING AND DAY SCHOOL FOR STUDENTS IN GRADES 9 TO 12. AT WAYLAND ACADEMY, WE PREPARE EACH STUDENT FOR COLLEGE AND BEYOND THROUGH A LIBERAL ARTS CURRICULUM AND CAMPUS PROGRAMS DEVOTED TO THE PURSUIT OF KNOWLEDGE AND THE DEVELOPMENT OF CHARACTER. FOR THE 2021-2022 ACADEMIC YEAR, 126 STUDENTS REPRESENTED 20 COUNTRIES AND 11 STATES WERE ENROLLED AT WAYLAND ACADEMY. 4778030 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 11 0 56 1 0 0 0 0 0 1 1 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X DAVID ARMSTRONG 9203562120 101 N UNIVERSITY AVE BEAVER DAM WI 53916 DAVID LARSON CHAIR 2.00 X X 0 0 0 DOTTIE JUNG VICE CHAIR 2.00 X X 0 0 0 SHELLEY GREENWOOD VICE CHAIR 2.00 X X 0 0 0 MICHAEL VANHAREN SECRETARY 2.00 X X 0 0 0 PETER SENSENBRENNER TREASURER 2.00 X X 0 0 0 ELIZABETH PARKER TRUSTEE 1.00 X 0 0 0 BETHANN VAUBEL TRUSTEE 1.00 X 0 0 0 BURNETT SULLIVAN TRUSTEE 1.00 X 0 0 0 ONNIE LEACH SMITH TRUSTEE 1.00 X 0 0 0 ROSINA SAMADANI TRUSTEE 1.00 X 0 0 0 PETE PATTERSON TRUSTEE 1.00 X 0 0 0 MEGAN PETERSEN TRUSTEE 1.00 X 0 0 0 JOHN MCKINSTRY TRUSTEE 1.00 X 0 0 0 JOHN MCCONNELL TRUSTEE 1.00 X 0 0 0 PATRICIA MARTIN TRUSTEE 1.00 X 0 0 0 WILLIAM LUEDKE TRUSTEE 1.00 X 0 0 0 RICHARD KIMBERLY TRUSTEE 1.00 X 0 0 0 JAMES JANIK TRUSTEE 1.00 X 0 0 0 ELIZABETH WALLMAN TRUSTEE 1.00 X 0 0 0 JANEL VERTZ CHIEF FINANCIAL OFFICER 40.00 X 133719 0 3466 JASON WARNICK HEAD OF SCHOOL 40.00 X 240527 0 18228 374246 0 21694 2 0 1 0 SODEXO INC 4880 PAYSPHERE CIR CHICAGO IL 60674 FACILITIES MANAGEMENT AND FOOD SERVICE 1336814 INTER-QUEST INC 304 S SPRING ST BEAVER DAM WI 53916 TECHNOLOGY SERVICES 190840 2 152173 566900 1897138 268777 2616211 TUITION AND FEES 611110 2693015 2693015 CAMP REVENUE 611710 45405 45405 ACADEMIC TESTING 611710 14024 14024 TRANSPORTATION 611710 12105 12105 99847 99847 2864396 267057 267057 1630000 1566837 63163 63163 63163 66399 152173 48401 17998 17998 8500 0 8500 8500 6921 17346 -10425 -10425 5826900 2853971 0 356718 X 399336 399336 2034605 1530162 195247 309196 44535 33948 3727 6860 159408 111575 25287 22546 164900 104751 38982 21167 1915 1915 25877 25877 89116 89116 1528833 1404272 124271 290 36707 21591 15116 312177 188355 89791 34031 199705 183784 14824 1097 344894 317398 25601 1895 118141 96504 13735 7902 98292 19615 19005 59672 8120 4510 3583 27 486134 447377 36085 2672 169790 156254 12603 933 EQUIPMENT REPAIRS 165221 164440 781 BAD DEBT EXPENSE 67943 67943 DUES AND SUBSCRIPTIONS 42862 15085 27057 720 6498511 4778030 1235576 484905 170846 120626 3772982 1019060 1722692 1021534 95093 74098 17031 0 86378 221372 29894268 14054592 9023415 15839676 15169 69887 26072447 20411905 40976053 38778158 384730 126987 1183099 1478095 975442 3319758 566900 0 201158 174327 3311329 5099167 X 5323404 5111904 32341320 28567087 37664724 33678991 40976053 38778158 X -671611 -2827630 -486492 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33398 X X 0 23469408 205844 -2551926 1620000 62776 19440550 18543940 210832 5429268 660000 54632 23469408 19430190 245261 482875 1565944 48442 18543940 18261768 371859 1671173 826400 48210 19430190 17181865 96639 1502223 471325 47634 18261768 0.00359 0.86610 0.13031 0 0 934789 934789 18272966 11415290 6857676 2951705 2639302 312403 7734808 7734808 15839676 BENEFICIAL INTEREST IN PERPETUAL TR 825579 CASH SURRENDER VALUE OF LIFE INSURA 71982 INSTITUTIONALLY MANAGED FUNDS 18940799 BENEFICIAL INTERESTS IN CHARITABLE 540147 COLLECTIBLES 33398 20411905 CLUB DUES 25911 FUTURE ANNUITY PAYMENTS 78429 CAPITAL LEASE OBLIGATION 69987 174327 2430915 -2827630 17346 -2810284 5241199 89116 496585 585701 5826900 6416648 17346 17346 6399302 89116 10093 99209 6498511 PART III, LINE 1A: THERE ARE TWO COLLECTIONS, ONE IS INCLUDED ON THE FINANCIALS AND ONE IS NOT. THE COLLECTION ITEMS INCLUDE A WORK OF ART THAT IS HELD FOR PUBLIC EXHIBITION IN THE COURTYARD OF THE CAMPUS, AN ART COLLECTION, LACE AND NAVAJO RUGS KEPT INSIDE THE SCHOOL. THE WORK OF ART HELD FOR PUBLIC EXHIBITION IN THE COURTYARD IS NOT REPORTED ON THE FINANCIAL STATEMENTS. THAT WORK OF ART WAS RECEIVED IN OCTOBER 2007 AND HAD AN APPRAISED VALUE OF APPROXIMATELY $31,000 AT THE TIME OF DONATION. THE ART COLLECTION, LACE AND NAVAJO RUGS ARE INCLUDED ON THE BALANCE SHEET AT $33,398. THESE COLLECTIBLE ITEMS ARE NOT SUBJECT TO ANY RESTRICTIONS BY THE DONORS. PART III, LINE 4: THE ACADEMY'S COLLECTION ITEMS ARE WORKS OF ART THAT ARE HELD FOR PUBLIC EXHIBITION. THE ART BEAUTIFIES THE CAMPUS FOR STUDENTS, PARENTS, PROSPECTIVE STUDENTS, AND OTHER VISITORS. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE PRIMARILY USED TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS ATTENDING WAYLAND ACADEMY. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 17,346. PART XI, LINE 4B - OTHER ADJUSTMENTS: UNCOLLECTED PLEDGE WRITE OFF 5,000. CHANGE IN VALUE OF BENEFICIAL INTEREST TRUST 481,492. NON-CASH DONATIONS TO ORG NOT RECORDED 10,093. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 17,346. PART XII, LINE 4B - OTHER ADJUSTMENTS: NON-CASH DONATIONS TO ORG NOT RECORDED 10,093. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE ACADEMY'S RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED IN ALL ADVERTISING PUBLISHED IN NEWSPAPERS OF GENERAL CIRCULATION. SPRING GALA & AUCTION 218572 152173 66399 858 39102 8441 218572 152173 66399 858 39102 8441 48401 17998 X 1 1 X X 0 0 0 0 0 0 0 0 0 JASON WARNICK HEAD OF SCHOOL 210000 0 10500 0 20027 0 5513 0 12715 0 258755 0 0 0 PART I, LINE 1A JASON WARNICK, HEAD OF SCHOOL, RECEIVED HOUSING AND UTILITIES PROVIDED BY WAYLAND ACADEMY OF $19,835 FOR THE CALENDAR YEAR. HOUSING ALLOWANCE IS NOT INCLUDED ON HIS W-2 INCOME AS IT IS A REQUIREMENT OF HIS EMPLOYMENT TO LIVE ON CAMPUS. X 281 DONOR PROVIDED VALUE X 5928 DONOR PROVIDED VALUE X 13 219582 FMV X 12 3029 DONOR PROVIDED VALUE X ENTERTAINMENT/TICKETS 37 24798 DONOR PROVIDED VALUE X PROJECTION SCREEN 1 5000 FMV X GIFT BASKETS 34 4560 DONOR PROVIDED VALUE X MISCELLANEOUS ITEMS 18 4351 DONOR PROVIDED VALUE X GAMING COMPUTER 1 750 DONOR PROVIDED VALUE X COUPON BOOKS 3 498 DONOR PROVIDED VALUE 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN B. FORM 990, PART VI, SECTION A, LINE 8B THE ACADEMY DOCUMENTS ALL MEETINGS HELD AND ACTIONS UNDERTAKEN BY THE GOVERNING BODY. MINUTES OF MEETINGS HELD BY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY ARE GENERALLY NOT TAKEN. MEMBERS OF THESE COMMITTEES ARE GENERALLY ALSO MEMBERS OF THE GOVERNING BODY AND ACTIONS UNDERTAKEN BY THESE COMMITTEES ARE REPORTED TO THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT/FINANCIAL COMMITTEE, THE HEAD OF SCHOOL, AND THE CHIEF FINANCIAL OFFICER BEFORE THE RETURN IS FILED WITH THE IRS. THE FULL BOARD SHALL RECEIVE A COPY OF THE FORM 990 PRIOR TO IT'S IRS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND OFFICERS ARE REQUIRED TO VERBALLY DISCLOSE ALL CONFLICTS OF INTEREST AT EACH QUARTERLY MEETING AND ARE ANNUALLY REQUIRED TO SIGN CONFLICT OF INTEREST DISCLOSURE STATEMENTS. IF A CONFLICT ARISES, THAT TRUSTEE RECUSES HIM/HERSELF FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIRPERSON MEETS WITH THE ACADEMY'S HEAD OF SCHOOL ANNUALLY TO DISCUSS HIS PERFORMANCE EVALUATION AND COMPENSATION PACKAGE. COMPARABILITY DATA IS OBTAINED BUT IS NOT SOLELY UTILIZED IN DETERMINING THE COMPENSATION PACKAGE. THE FINANCIAL ABILITY OF THE ACADEMY TO PAY APPROPRIATE COMPENSATION IS A MAJOR FACTOR IN DETERMINING THE COMPENSATION PACKAGE. A WRITTEN CONTRACT IS SIGNED BY THE CHAIRPERSON AND THE HEAD OF SCHOOL. OTHER OFFICERS ARE ANNUALLY EVALUATED BY THE HEAD OF SCHOOL. COMPARABILITY DATA IS OBTAINED BUT IS NOT SOLELY UTILIZED FOR DETERMINING COMPENSATION PACKAGES. THE FINANCIAL ABILITY OF THE ACADEMY TO PAY APPROPRIATE COMPENSATION IS A MAJOR FACTOR IN DETERMINING THE COMPENSATION PACKAGE. A WRITTEN ONE-YEAR CONTRACT IS SIGNED BY THE OFFICER AND THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST ON A CASE-BY-CASE BASIS. FORM 990, PART IX, LINE 11G FOOD SERVICE FEES: PROGRAM SERVICE EXPENSES 593,146. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 593,146. SPORTS OFFICIALS: PROGRAM SERVICE EXPENSES 15,089. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,089. FIRE ALARM SERVICES: PROGRAM SERVICE EXPENSES 17,380. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,380. ACADEMIC TESTING: PROGRAM SERVICE EXPENSES 13,992. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,992. MEDICAL SERVICES: PROGRAM SERVICE EXPENSES 32,108. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,108. PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 732,557. MANAGEMENT AND GENERAL EXPENSES 103,178. FUNDRAISING EXPENSES 290. TOTAL EXPENSES 836,025. EDUCATIONAL CONSULTANT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 21,093. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,093. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUSTS -300,933. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT -13,554. WRITE OFF OF UNCOLLECTED PROMISE TO GIVE -5,000. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST -167,005.