2022-04-28T16:00:44-05:00 2021-12-31 390974031 WEGNER CPAS LLP 2921 LANDMARK PL STE 300 MADISON WI 537134236 990 2021-01-01 392005260 ASSET BUILDERS OF AMERICA INC ASSE 6086636332 1213 N SHERMAN AVE 195 MADISON WI 537044236 RICHARD ENTENMANN EXECUTIVE DIRECTOR 6086636332 2022-04-28 1 RICHARD ENTENMANN 999009999 SCOTT HAUMERSEN CPA P00084908 6082744020 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z RICHARD ENTENMANN 1213 N SHERMAN AVE 195 MADISON WI 537044236 309250 0 X ASSETBUILDERS.ORG X 1999 WI PROMOTE FINANCIAL EDUCATION AND WEALTH-BUILDING STRATEGIES TO ENHANCE THE QUALITY OF LIFE OF LOW- AND MODERATE-INCOME YOUTH, FAMILIES, AND COMMUNITIES. 9 9 1 250 0 0 238510 305808 2768 3115 27 39 248 288 241553 309250 0 0 0 0 91147 98646 24574 3909 40358 127925 125214 243646 227769 -2093 81481 249164 318700 38234 25809 210930 292891 X THE MISSION OF ASSET BUILDERS OF AMERICA, INC. IS TO PROMOTE FINANCIAL EDUCATION AND WEALTH-BUILDING STRATEGIES TO ENHANCE THE QUALITY OF LIFE OF LOW- AND MODERATE-INCOME YOUTH, FAMILIES, AND COMMUNITIES. 0 0 68350 0 3115 THE FINANCIAL AND INVESTMENT CHALLENGE BOWL (FICB) TEACHES HIGH SCHOOL STUDENTS ABOUT BUDGETING, CREDIT, ECONOMICS, PERSONAL FINANCE, AND INVESTING. STUDENTS FORM TEAMS OF FOUR STUDENTS EACH, STUDY, PRACTICE, AND EVENTUALLY COMPETE IN A COLLEGE-BOWL TOURNAMENT THAT SHOWCASES THEIR KNOWLEDGE AND ACHIEVEMENTS IN AN ATMOSPHERE OF FRIENDLY COMPETITION. APPROXIMATELY 900 STUDENTS COMPETE EACH YEAR. 31047 0 0 THE PERSONAL RESPONSIBILITY EDUCATION PROGRAM (PREP) IS A SERIES OF FINANCIAL LITERACY CLASSES OFFERED AS DIRECT EDUCATION TO LOW-INCOME "AT RISK" STUDENTS. 11784 0 0 THE YOUTH POWER ACADEMY OF FINANCE IS A TWO-WEEK PERSONAL FINANCE AND COLLEGE READINESS "BOOT CAMP" FOR STUDENTS ENTERING MIDDLE SCHOOL AND EARLY HIGH SCHOOL STUDENTS. ABOUT 40 STUDENTS PARTICIPATE DURING THE YEAR (MILWAUKEE AND MADISON). 6467 0 0 WE SPONSOR THE MILLIONAIRES CLUB AS AN AFTER-SCHOOL PROGRAM THAT TEACHES FINANCIAL SKILLS TO HIGH SCHOOL AND MIDDLE SCHOOL STUDENTS. 2059 0 0 THE MONEY CONFERENCE PROVIDES AFFORDABLE, HIGH-QUALITY, AND UNBIASED FINANCIAL EDUCATION FOR THE WHOLE FAMILY. WE CONDUCT THE COMMUNITY-ORIENTED CONFERENCE IN TWO WISCONSIN CITIES EACH YEAR, WITH TOTAL ANNUAL ATTENDANCE AVERAGING 125 INDIVIDUALS. 1250 0 0 OTHER PROGRAMS INCLUDE VARIOUS OTHER EVENTS AND PROGRAMS HELD DURING THE YEAR THAT ARE NOT PREVIOUSLY DESCRIBED. 9776 0 0 120957 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI X RICHARD ENTENMANN 6086636332 1213 N SHERMAN AVE STE 195 MADISON WI 537044236 PAM ANDERSON CHAIR 1.00 X X 0 0 0 SCOTT BEYER TREASURER 1.00 X X 0 0 0 ERIC CHRISTIANSEN SECRETARY 1.00 X X 0 0 0 CHRIS LAURENT DIRECTOR 1.00 X 0 0 0 STEVEN DEVOUGAS DIRECTOR 1.00 X 0 0 0 JIM KUBEK DIRECTOR 1.00 X 0 0 0 NAFESSA BURDINE DIRECTOR 1.00 X 0 0 0 STEVE VALE DIRECTOR 1.00 X 0 0 0 JANE ROLOFF DIRECTOR 1.00 X 0 0 0 RICHARD ENTENMANN EXECUTIVE DIRECTOR 40.00 X 86192 0 8060 86192 0 8060 0 0 0 0 0 25000 34966 245842 305808 REGISTRATION FEES 616000 3115 3115 3115 39 39 288 288 288 309250 3115 0 327 X 92209 28178 38419 25612 6437 1967 2682 1788 10110 10110 3909 3909 63134 55847 4372 2915 848 200 389 259 5540 1305 2541 1694 6839 6049 474 316 600 360 240 11940 11790 90 60 15621 15621 1390 834 556 3373 1984 1389 DUES AND SUBSCRIPTIONS 4050 2430 1620 1769 1769 227769 120957 66454 40358 96914 89238 141295 221311 5770 4000 853 707 22539 21381 2548 1158 1552 2250 232 36 249164 318700 10915 14404 9019 11405 18300 0 38234 25809 X 160239 237262 50691 55629 210930 292891 249164 318700 81481 480 0 X 1 X 0 1 0 X 326843 368042 271765 238510 305808 1510968 326843 368042 271765 238510 305808 1510968 369378 1141590 37 25 76 27 39 204 1681 248 288 2217 1513389 16074 0.75430 0.77110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 22539 21381 1158 1158 PART IV, LINE 2B: ASSETS BUILDERS OF AMERICA HOLDS FUNDS AS A CUSTODIAN ON BEHALF OF THE GET SMART WAUSAU COALITION, AN UNINCORPORATED MEMBERSHIP-BASED ORGANIZATION THAT HAS A MISSION SIMILAR TO ASSET BUILDERS OF AMERICA. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED AT LEAST ANNUALLY BY THE EXECUTIVE DIRECTOR AND THE PRESIDENT. ALL DIRECTORS AND OFFICERS ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. ANY DIRECTOR OR OFFICER WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION WAS DETERMINED SEVERAL YEARS AGO BY THE CURRENT TREASURER AND ANOTHER DIRECTOR. THE RECOMMENDED COMPENSATION WAS PRESENTED TO THE REMAINING DIRECTORS WHO VOTED TO APPROVE THE RECOMMENDATION. THERE HAVE BEEN NO INCREASES IN THE EXECUTIVE DIRECTOR'S BASE COMPENSATION SINCE THAT TIME. FROM TIME TO TIME, THE DIRECTORS CONSIDER PROVIDING A BONUS TO THE EXECUTIVE DIRECTOR IF PERMITTED BY THE ORGANIZATION'S FINANCIAL POSITION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 55,847. MANAGEMENT AND GENERAL EXPENSES 4,372. FUNDRAISING EXPENSES 2,915. TOTAL EXPENSES 63,134.