2022-03-11T11:07:51-06:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2020-07-01 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 2022-03-07 1 KRISTI THOMPSON 999009999 KIMBERLY ANDERSON CPA P00188889 6086628600 2022-03-07 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z KRISTI THOMPSON 3462 NORTH BROOKFIELD ROAD BROOKFIELD WI 530452599 17295280 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. 11 11 328 275 477310 473101 1563630 1125840 14724491 14355757 82050 227640 615412 674798 16985583 16384035 1896354 1898543 0 0 10004525 9925585 0 0 465309 4339572 4161533 16240451 15985661 745132 398374 37036304 40498539 6567253 8674193 30469051 31824346 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 14356601 1898543 14375271 EDUCATION - OPERATION OF A PRIVATE ELEMENTARY, MIDDLE AND HIGH SCHOOL FOR THE PURPOSE OF EDUCATING AND GRADUATING STUDENTS PREPARED FOR COLLEGE AND LIFE. 14356601 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 36 0 328 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X 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 RYAN LAW TREASURER 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 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 JOEL G NETTESHEIM DIRECTOR 1.00 X 0 0 0 SHARON KOENINGS HEAD OF SCHOOL 40.00 X 208701 0 21731 KRISTI THOMPSON FINANCIAL DIRECTOR 40.00 X 107432 0 18021 LAWRENCE PESCH ADVANCEMENT DIRECTOR 40.00 X 157967 0 19954 DOUG RICCI ASSISTANT HEAD OF SCHOOL 40.00 X 132200 0 19259 NICHOLAS SPAETH DIRECTOR OF COLLEGE COUNSE 40.00 X 110368 0 18167 DANIEL DAVIS HEAD OF UPPER SCHOOL 40.00 X 111300 0 15181 LINDA PRYOR DIRECTOR OF ACADEMICS AND 40.00 X 108167 0 17311 936135 0 129624 7 0 1 0 STIER CONSTRUCTION INC N8W22195 JOHNSON DR WAUKESHA WI 53186 CONSTRUCTION 1269344 MIDAMERICAN BUILDING SERVICES 6682 W GREENFIELD AVE SUITE 109 WEST ALLIS WI 53214 CUSTODIAL SERVICES 293751 UNITED STATES ALLIANCE FIRE PROTECTION 2936 S 166TH ST NEW BERLIN WI 53151 INSTALLATION/MAINTENANCE 111669 3 190085 935755 87158 1125840 TUITION 611710 13822820 13822820 OTHER PROGRAM REVENUES 611710 532875 532875 ATHLETICS 611710 62 62 14355757 24259 24259 16800 0 16800 16800 16800 1006468 803087 203381 203381 203381 101992 190085 101108 884 884 9450 7050 2400 2400 12389 0 12389 12389 PASS THROUGH REVENUE - UBI 310000 635200 477310 157890 7125 7125 642325 16384035 14375271 477310 405614 1898543 1898543 721931 646647 46341 28943 7631241 6837836 492665 300740 313076 272977 24159 15940 675190 612799 34037 28354 584147 522042 38495 23610 43012 43012 46636 46636 65729 65729 224779 102739 122040 248834 196828 52006 1478130 1478130 12115 12090 25 23048 14713 8335 1559 1559 940018 940018 112782 112782 EDUCATIONAL/TEACHING SU 722978 690778 32200 INCOME TAX - UBIT 94947 94947 DEVELOPMENT COSTS 67722 67722 ADMISSIONS 47621 47621 31623 16120 15503 15985661 14356601 1163751 465309 1256105 1138836 2822936 3854604 444000 298000 88049 96682 60522 60522 162344 133051 45446565 20163201 24366167 25283364 5146981 6667080 2689200 2966400 37036304 40498539 2137932 1950352 4429321 6723841 6567253 8674193 X 26152139 26764708 4316912 5059638 30469051 31824346 37036304 40498539 398374 956921 0 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15000 X X 0 4098696 578360 34000 4643056 3657772 450924 10000 4098696 6261541 620337 3224106 3657772 5842309 108622 471591 160981 6261541 4940275 301665 736856 136487 5842309 0.99572 0.00428 0.00000 0 0 4067615 4067615 33865571 13307910 20557661 2421156 2280420 140736 5092223 4574871 517352 25283364 INVESTMENT IN METALCRAFT OF MAYVILLE, INC. 2966400 F 2966400 15442413 956921 956921 14485492 1898543 1898543 16384035 14087118 0 14087118 1898543 1898543 15985661 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 26 FUNDS ESTABLISHED TO SUPPORT A VARIETY OF PROGRAMS AND SCHOLARSHIPS AT BROOKFIELD ACADEMY. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS 1,898,543. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS 1,898,543. 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 242417 170585 71832 74232 GOLF OUTING 49660 19500 30160 463 23076 3337 292077 190085 101992 463 23076 77569 101108 884 1 NEED BASED FINANCIAL ASSISTANCE 166 1380304 MERIT SCHOLARSHIPS 90 518239 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 SHARON KOENINGS HEAD OF SCHOOL 208701 0 0 0 0 0 10435 0 11296 0 230432 0 0 0 LAWRENCE PESCH ADVANCEMENT DIRECTOR 157967 0 0 0 0 0 7898 0 12056 0 177921 0 0 0 DOUG RICCI ASSISTANT HEAD OF SCHOOL 132200 0 0 0 0 0 6610 0 12649 0 151459 0 0 0 X 3 15175 FMV X 2 5890 X MISC HOUSEHOLD ITEMS DONATED FOR AUCTION 63 26718 X ROOF 1 12000 X UNIFORMS 1 7085 X SPORTING EVENT TICKETS 1 5200 X GOLF OUTING COOLERS 1 4983 X REMODELING SERVICES 1 3000 X CLASSROOM MATERIALS 1 2680 X MENU 1 2000 X FENCING EQUIPMENT 1 1233 X PHOTO PACKAGES 2 1195 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.