2023-04-06T14:41:01-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2021-07-01 390987840 ACADEMY OF BASIC EDUCATION INC D/B/A BROOKFIELD ACADEMY ACAD 2627833200 3462 NORTH BROOKFIELD ROAD BROOKFIELD WI 530452599 KRISTI THOMPSON FINANCE DIRECTOR 2627833200 2023-04-03 1 KRISTI THOMPSON 999009999 KIMBERLY ANDERSON CPA P00188889 6086628600 2023-04-03 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z KRISTI THOMPSON 3462 NORTH BROOKFIELD ROAD BROOKFIELD WI 530452599 19511554 0 X BROOKFIELDACADEMY.ORG X 1961 WI OPERATION OF A PRIVATE ELEMENTARY, MIDDLE AND HIGH SCHOOL FOR THE PURPOSE OF EDUCATING AND GRADUATING STUDENTS PREPARED FOR COLLEGE AND LIFE, EDUCATED IN SKILLS, VALUES, AND HERITAGE OF RESPONSIBLE, CONSTRUCTIVE, FREE PEOPLE. 10 10 360 286 767858 760689 1125840 1300812 14355757 15926203 227640 135555 674798 1481567 16384035 18844137 1898543 1897120 0 0 9925585 10697073 0 0 513945 4161533 4617844 15985661 17212037 398374 1632100 40498539 42413032 8674193 10018126 31824346 32394906 OPERATION OF A PRIVATE ELEMENTARY, MIDDLE AND HIGH SCHOOL FOR THE PURPOSE OF EDUCATING AND GRADUATING STUDENTS PREPARED FOR COLLEGE AND LIFE, EDUCATED IN SKILLS, VALUES, AND HERITAGE OF RESPONSIBLE, CONSTRUCTIVE, FREE PEOPLE. 0 0 15433589 1897120 15913588 EDUCATION - OPERATION OF A PRIVATE ELEMENTARY, MIDDLE AND HIGH SCHOOL FOR THE PURPOSE OF EDUCATING AND GRADUATING STUDENTS PREPARED FOR COLLEGE AND LIFE. 15433589 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 33 0 360 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X KRISTI THOMPSON 2627833200 3462 N BROOKFIELD RD BROOKFIELD WI 530452599 MICHAEL D SIMMONS CHAIR 1.00 X X 0 0 0 CYNTHIA DAVIS VICE CHAIR 1.00 X X 0 0 0 MALAIKA MATHAI KODALI SECRETARY 1.00 X X 0 0 0 EDWARD APRAHAMIAN DIRECTOR 1.00 X 0 0 0 DANIEL J GEENEN DIRECTOR 1.00 X 0 0 0 R JEFFREY HARRIS DIRECTOR 1.00 X 0 0 0 RYAN LAW DIRECTOR 1.00 X 0 0 0 KATHARINE LOCKWOOD DIRECTOR 1.00 X 0 0 0 JOHN SCHLAGENHAUF DIRECTOR 1.00 X 0 0 0 MARY YORK DIRECTOR 1.00 X 0 0 0 DOUGLAS RICCI HEAD OF SCHOOL 40.00 X 176250 0 20379 KRISTI THOMPSON DIRECTOR OF FINANCE 40.00 X 109758 0 14901 LAWRENCE PESCH ENG DIR OF ADVANCEMENT/ADMISSIONS 40.00 X 161100 0 19472 NICHOLAS SPAETH DIRECTOR OF COLLEGE COUNSELING 40.00 X 113968 0 18818 DANIEL DAVIS HEAD OF UPPER SCHOOL 40.00 X 115267 0 17734 LINDA PRYOR DIRECTOR OF ACADEMICS/MISSION 40.00 X 112033 0 15341 RICHARD RANEY HEAD OF PRIMARY AND LOWER SCHOOL 40.00 X 106200 0 17420 SHARON KOENINGS FORMER HEAD OF SCHOOL 40.00 X 147885 0 14862 1042461 0 138927 8 1 1 0 STIER CONSTRUCTION INC N8W22195 JOHNSON DR WAUKESHA WI 53186 CONSTRUCTION 626971 MIDAMERICAN BUILDING SERVICES 6682 W GREENFIELD AVE SUITE 109 WEST ALLIS WI 53214 CUSTODIAL SERVICES 341908 JK GREEN-KEEPER INC 805 MORGAN AVE WAUKESHA WI 53188 LAWN CARE AND TREE REMOVAL 114788 3 331391 969421 83531 1300812 TUITION 611710 15144925 15144925 OTHER PROGRAM REVENUES 611710 778011 778011 ATHLETICS 611710 3267 3267 15926203 11099 11099 13200 1363 11837 11837 11837 554257 427995 1806 126262 -1806 124456 124456 122652 331391 187212 -64560 -64560 10105 4800 5305 5305 22283 44241 -21958 -21958 PASS THROUGH REVENUE - UBI 310000 1541600 767858 773742 9343 9343 1550943 18844137 15913588 767858 861879 1897120 1897120 507843 451834 32775 23234 8432042 7495735 548496 387811 331335 291787 23153 16395 809051 735289 42243 31519 616802 548550 40995 27257 21774 21774 48474 48474 128 128 80778 80778 275488 158223 117265 274060 204807 69253 1722769 1722769 41960 40784 1176 25613 14853 10760 956650 956650 127616 127616 EDUCATIONAL/TEACHING SU 818784 778886 39898 INCOME TAX - UBIT 155000 155000 ADMISSIONS 28884 28884 DEVELOPMENT COSTS 27729 27729 12137 8686 3451 17212037 15433589 1264503 513945 1138836 605519 3854604 6213450 298000 232000 96682 112212 60522 30565 133051 310697 45910647 21109108 25283364 24801539 6667080 6078650 2966400 4028400 40498539 42413032 1950352 1995062 6723841 8023064 8674193 10018126 X 26764708 28215843 5059638 4179063 31824346 32394906 40498539 42413032 1632100 -1061540 0 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15000 X X 0 4643056 1386600 6029656 4098696 578360 34000 4643056 3657772 450924 10000 4098696 6261541 620337 3224106 3657772 5842309 108622 471591 160981 6261541 0.99668 0.00332 0.00000 0 0 4067615 4067615 34156176 14120097 20036079 2588250 2300762 287488 5098606 4688249 410357 24801539 INVESTMENT IN METALCRAFT OF MAYVILLE, INC. 4028400 F 4028400 15962815 -1061540 82412 -979128 16941943 1902194 1902194 18844137 15392255 82412 82412 15309843 1902194 1902194 17212037 PART III, LINE 4: THE COLLECTIONS WERE HELD FOR PUBLIC EXHIBITION AND PRESERVATION FOR FUTURE GENERATIONS. THE ORGANIZATION PURCHASED FROM A PUBLIC EDUCATION FOUNDATION A BRONZE ETCHING TITLED "TIMELINE OF LIBERTY HAS RELIEFS AND IT IS DISPLAYED IN FREEDOM HALL LOCATED ON THE GROUNDS OF THE ORGANIZATION. THE COLLECTION WILL HELP FUTURE GENERATIONS LEARN ABOUT THE GREAT WRITERS, PHILOSOPHERS, AND THINKERS WHO SHAPED OUR HISTORY AND PROVIDED US THE CONCEPTS OF FREEDOM AND INDIVIDUAL DIGNITY WE ENJOY TODAY. STUDENTS AND FACULTY WILL GAIN A BETTER SENSE OF HISTORY AND ITS EFFECTS ON THE PRESENT BY SEEING AND READING THE ORIGINAL WORKS. PART V, LINE 4: THE ACADEMY'S ENDOWMENTS CONSIST OF 1 FUND ESTABLISHED TO SUPPORT A VARIETY OF PROGRAMS AND SCHOLARSHIPS AT BROOKFIELD ACADEMY. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NET WITH RENTAL INCOME 1,363. FUNDRAISER EXPENSES NET WITH FUNDRAISER INCOME 81,049. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS 1,897,120. PATRIOT EVENT EXPENSES MOVED FROM REVENUE 5,074. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NET WITH RENTAL INCOME 1,363. FUNDRAISER EXPENSES NET WITH FUNDRAISER INCOME 81,049. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS 1,897,120. PATRIOT EVENT EXPENSES MOVED FROM REVENUE 5,074. 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 SCHOOL PUBLICIZES ITS NONDISCRIMINATORY POLICY IN ALL OF ITS PUBLICATIONS AS WELL AS AN ANNUAL NOTICE IN THE LOCAL NEWSPAPER. DINNER AUCTION 382849 283260 99589 72174 2833 28966 20661 16017 GOLF OUTING 71194 48131 23063 9013 27273 7717 2559 454043 331391 122652 81187 30106 36683 20661 18576 187213 -64561 1 NEED BASED FINANCIAL ASSISTANCE 163 1375969 MERIT SCHOLARSHIPS 113 521151 PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF NEED BASED FINANCIAL ASSISTANCE AND MERIT SCHOLARSHIPS BY THE APPLICATION PROCESS AND THE ACCEPTANCE OF THOSE QUALIFYING APPLICATIONS. FINANCIAL ASSISTANCE IS AWARDED BASED ON NEED WITH CRITERIA SUCH AS NET EARNINGS, TOTAL ASSETS AND FAMILY SIZE. MERIT SCHOLARSHIPS ARE AWARDED ON ACADEMIC ABILITY AND ACADEMIC HISTORY. X X 0 0 0 0 0 0 0 0 0 DOUGLAS RICCI HEAD OF SCHOOL 176250 0 0 0 0 0 8812 0 11567 0 196629 0 0 0 LAWRENCE PESCH ENG DIR OF ADVANCEMENT/ADMISSIONS 161100 0 0 0 0 0 8055 0 11417 0 180572 0 0 0 SHARON KOENINGS FORMER HEAD OF SCHOOL 147885 0 0 0 0 0 7394 0 7468 0 162747 0 0 0 X 3 450 FMV X 2490 FMV X 16 6295 FMV X TICKETS/EXPERIENCES 46 48546 FMV X DENTAL/ESTHETIC WORK 5 9395 FMV X GIFT BASKETS 22 6653 FMV X MISC HOUSEHOLD ITEMS DONATED FOR AUCTION 21 5802 FMV X PUPPY 1 2000 FMV X SCHOOL REWARDS/SCHOOL PARKING SPOTS 25 1900 FMV 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE TOTAL NUMBER OF CONTRIBUTORS FOR EACH ITEM CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY THE ACCOUNTING FIRM CLIFTONLARSONALLEN LLP AND REVIEWED IN DETAIL BY THE ORGANIZATION'S FINANCE DIRECTOR AND ACCOUNTING MANAGER. THIS PRELIMINARY DRAFT IS MADE AVAILABLE FOR REVIEW BY MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS. THE FINAL FORM 990 (INCLUDING REQUIRED SCHEDULES), AS ULTIMATELY FILED WITH THE IRS, IS PROVIDED TO ALL BOARD MEMBERS AT THE NEXT REGULARLY SCHEDULED BOARD MEETING SUBSEQUENT TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND OFFICERS ARE REQUIRED TO DISCLOSE ANNUALLY ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE SALARY FOR THE HEAD OF SCHOOL WAS REVIEWED AND APPROVED BY THE BOARD WITH REFERENCE TO INDEPENDENT SCHOOL MANAGEMENT SURVEY DATA. SALARIES OF TOP MANAGEMENT AND OTHER KEY EMPLOYEES ARE REVIEWED AND APPROVED BY THE BOARD IN CONTEXT TO THE NORMS OF INDEPENDENT SCHOOL ASSOCIATION OF CENTRAL STATES AND NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.