2020-11-12T15:44:16-06:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2019-07-01 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 2020-11-12 1 KIMBERLY ANDERSON CPA P00188889 6086628600 2020-11-12 69.128.51.26 2020-11-12 15:13:06 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A1689719603EECE49B4BD9359BAB3CB0B273ED06 2019 2021-01-29 14:40:06Z KRISTI THOMPSON 3462 NORTH BROOKFIELD ROAD BROOKFIELD WI 530452599 17467633 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. 12 12 333 260 487178 476031 1482071 1563630 14749225 14724491 -130893 82050 711377 615412 16811780 16985583 1947315 1896354 0 0 9643762 10004525 0 0 515514 4823122 4339572 16414199 16240451 397581 745132 37714937 37036304 8064743 6567253 29650194 30469051 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 14569297 1896354 14768600 EDUCATION - OPERATION OF A PRIVATE ELEMENTARY, MIDDLE AND HIGH SCHOOL FOR THE PURPOSE OF EDUCATING AND GRADUATING STUDENTS PREPARED FOR COLLEGE AND LIFE. 14569297 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 45 0 333 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 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 MR EDWARD APRAHAMIAN DIRECTOR 1.00 X 0 0 0 CYNTHIA DAVIS VICE CHAIR 1.00 X 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 MICHAEL T MALATESTA DIRECTOR 1.00 X 0 0 0 MALAIKA MATHAI KODALI SECRETARY 1.00 X X 0 0 0 JOEL G NETTESHEIM TREASURER 1.00 X X 0 0 0 JOHN SCHLAGENHAUF DIRECTOR 1.00 X 0 0 0 MICHAEL D SIMMONS CHAIR 1.00 X X 0 0 0 MARY YORK DIRECTOR 1.00 X 0 0 0 KRISTI THOMPSON FINANCIAL DIRECTOR 40.00 X 104832 0 18380 SHARON KOENINGS HEAD OF SCHOOL 40.00 X 183646 0 20334 LAWRENCE PESCH ADVANCEMENT DIRECTOR 40.00 X 153883 0 20734 DOUG RICCI ASSISTANT HEAD OF SCHOOL 40.00 X 111100 0 18693 NICHOLAS SPAETH DIRECTOR OF COLLEGE COUNSELING 40.00 X 109189 0 18598 DANIEL DAVIS HEAD OF UPPER SCHOOL 40.00 X 108067 0 14233 LINDA PRYOR DIRECTOR OF ACADEMICS AND MISSION 40.00 X 105273 0 16988 875990 0 127960 8 0 1 0 MIDAMERICAN BUILDING SERVICES 6682 W GREENFIELD AVE SUITE 109 WEST ALLIS WI 53214 JANITORIAL SERVICES 294733 VJS CONSTRUCTION SERVICES W223 N2847 ROUND CIRCLE W PEWAUKEE WI 53072 REMODEL/CONSTRUCTION 242691 2 158860 1404770 44460 1563630 TUITION 611710 14033283 14033283 OTHER PROGRAM REVENUES 611710 688808 688808 ATHLETICS 611710 2400 2400 14724491 36466 36466 15100 0 15100 15100 15100 477191 250 431857 0 45334 250 45584 45584 50376 158860 43168 7208 7208 11620 7025 4595 4595 PASS THROUGH REVENUE - UBI 310000 544400 487178 57222 44109 44109 588509 16985583 14768600 487178 166175 1896354 1896354 507833 453855 32857 21121 7794416 6967771 502691 323954 322956 282330 26006 14620 800451 722653 46041 31757 578869 513992 39770 25107 16895 16895 46095 46095 49553 49553 339665 227671 111994 252382 202083 50299 1478170 1478170 25341 25002 339 27780 11849 15931 17501 17501 1008394 1008394 108243 108243 EDUCATIONAL/TEACHING SU 682813 646362 36451 DEVELOPMENT COSTS 98955 98955 INCOME TAX - UBIT 97000 97000 ADMISSIONS 54221 54221 36564 7067 29497 16240451 14569297 1155640 515514 1233966 1256105 4061362 2822936 0 444000 96956 88049 30310 60522 156936 162344 43589350 19223183 24719442 24366167 5000365 5146981 2415600 2689200 37714937 37036304 1983126 2137932 6065566 4429321 16051 0 8064743 6567253 X 25826851 26152139 3823343 4316912 29650194 30469051 37714937 37036304 745132 73725 0 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15000 X X 0 3657772 450924 10000 4098696 6261541 620337 3224106 3657772 5842309 108622 471591 160981 6261541 4940275 301665 736856 136487 5842309 5167318 224028 -316302 134769 4940275 0.99510 0.00490 0.00000 0 0 4067615 4067615 31722104 12544682 19177422 2421156 2249597 171559 5378475 4428904 949571 24366167 INVESTMENT IN METALCRAFT OF MAYVILLE, INC. 2689200 F 2689200 15162954 73725 73725 15089229 1896354 1896354 16985583 14344097 0 14344097 1896354 1896354 16240451 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 1,896,354. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS 1,896,354. 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 133406 132450 956 2344 3207 GOLF OUTING 75830 26410 49420 34295 3322 209236 158860 50376 2344 34295 6529 43168 7208 1 NEED BASED FINANCIAL ASSISTANCE 161 1418620 MERIT SCHOLARSHIPS 77 477734 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 183646 0 0 0 0 0 9182 0 11152 0 203980 0 0 0 LAWRENCE PESCH ADVANCEMENT DIRECTOR 153883 0 0 0 0 0 7694 0 13040 0 174617 0 0 0 X 130 FMV X 1 10076 FMV X 8 1915 X MISC HOUSEHOLD ITEMS DONATED FOR AUCTION 22 10930 X 11 IN 1 SCREWDRIVERS 1 7529 X UNIFORMS 1 6785 X PHOTO PACKAGES 3 3195 X SPORTING EVENT TICKETS 4 2300 X JEWELRY 1 1600 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.