2020-05-29T11:51:51-05:00 2019-12-31 390974031 WEGNER CPAS LLP 2921 LANDMARK PL STE 300 MADISON WI 537134236 990 2019-01-01 392005260 ASSET BUILDERS OF AMERICA INC ASSE 6086636332 1213 N SHERMAN AVE NO 195 MADISON WI 537044236 RICHARD ENTENMANN EXECUTIVE DIRECTOR 6086636332 2020-05-15 1 SCOTT HAUMERSEN CPA P00084908 6082744020 66.222.124.178 2020-05-15 11:32:39 CD P BAF93092400A7665F4A65B16EBECF5E5B591AC5F B76E0BF02510E84774D23025ACA82C8567F4C183 2019 2020-04-17 16:48:07Z RICHARD ENTENMANN 1213 N SHERMAN AVE NO 195 MADISON WI 537044236 275758 0 X WWW.ASSETBUILDERS.ORG X 1999 WI PROMOTE FINANCIAL EDUCATION AND WEALTH-BUILDING STRATEGIES TO ENHANCE THE QUALITY OF LIFE OF LOW-INCOME YOUTH, FAMILIES, AND COMMUNITIES. 8 8 1 250 0 0 368042 271765 3139 2236 25 76 382 1681 371588 275758 0 0 0 0 87051 94995 0 34600 63039 138219 147130 225270 276725 146318 -967 227502 237178 13976 24619 213526 212559 X THE MISSION OF ASSET BUILDERS OF AMERICA, INC. IS TO DELIVER FINANCIAL EDUCATION AND WEALTH-BUILDING STRATEGIES TO ENHANCE THE QUALITY OF LIFE OF LOW-WEALTH YOUTH, FAMILIES AND COMMUNITIES. 0 0 60120 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. 33726 2236 THE PERSONAL RESPONSIBILITY EDUCATION PROGRAM (PREP) IS A SERIES OF FINANCIAL LITERACY CLASSES OFFERED AS DIRECT EDUCATION TO LOW-INCOME "AT RISK" STUDENTS. THROUGH PREP, WE TEACH AT LEAST 600 STUDENTS EACH YEAR. 25457 GO4IT TEACHES YOUTH ENTREPRENEURSHIP AND RELATED FINANCIAL LITERACY SKILLS. WE CONDUCT SEVERAL PROGRAMMING COMPONENTS, INCLUDING FULL-DAY COMMUNITY-FACING SUMMITS (HELD TWICE A YEAR WITH ATTENDANCE AVERAGING 125 PER SUMMIT), SATURDAY ROUND-TABLES FOCUSING ON VARIOUS TOPICS OF INTEREST TO YOUNG ENTREPRENEURS, AND SATURDAY CLASSES AT THE HOUSING AUTHORITY OF THE CITY OF MILWAUKEE. 20808 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 20 STUDENTS PARTICIPATE DURING THE YEAR, AT EACH OF TWO LOCATIONS. 12525 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 200 INDIVIDUALS. 5329 WE SPONSOR THE MILLIONAIRES CLUB AS AN AFTER-SCHOOL PROGRAM THAT TEACHES FINANCIAL SKILLS TO HIGH SCHOOL AND MIDDLE SCHOOL STUDENTS. 38662 157965 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 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 1 8 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 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 CHAIRMAN 1.00 X X 0 0 0 STEVEN DEVOUGAS VICE CHAIRMAN 1.00 X X 0 0 0 BLAINE GIBSON SECRETARY 1.00 X X 0 0 0 SUSAN BULGRIN TREASURER 1.00 X X 0 0 0 SCOTT BEYER DIRECTOR 1.00 X 0 0 0 CHRIS LAURENT DIRECTOR 1.00 X 0 0 0 MARK LINDQUIST DIRECTOR 1.00 X 0 0 0 REGGIE NEWSON DIRECTOR 1.00 X 0 0 0 ERIC CHRISTIANSEN DIRECTOR 1.00 X 0 0 0 RICHARD ENTENMANN EXECUTIVE DIRECTOR 40.00 X 83785 0 4800 83785 0 4800 0 0 0 0 0 45000 226765 100 271765 REGISTRATION FEES 616000 2236 2236 2236 76 76 1681 1681 1681 275758 2236 0 1757 X 88585 44295 26574 17716 6410 3205 1923 1282 9540 9540 34600 34600 68076 62761 5315 1699 1459 240 12688 4907 5067 2714 2545 2545 600 360 240 18253 16058 2195 24882 24882 88 53 35 3174 3174 DUES AND SUBSCRIPTIONS 2944 2944 2641 398 1346 897 276725 157965 55721 63039 89736 36298 60466 160521 75000 33440 909 835 19759 19759 88 0 65 78 1238 1242 0 4764 227502 237178 9253 19855 4723 4764 13976 24619 X 80144 148202 133382 64357 213526 212559 227502 237178 -967 0 X 1 X 0 1 0 X 234677 322535 326843 368042 271665 1523762 234677 322535 326843 368042 271665 1523762 323458 1200304 101 37 37 25 76 276 1681 1681 1525719 20427 0.78670 0.82220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 19759 19759 0 0 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 ASSETS BUILDERS OF AMERICA. X X X X X 1 AKAMAI LLC 7114 VALHALLA WAY MADISON WI 53719 SOLICITING CONTRIBUTIONS ON BEHALF OF OUR ORGANIZATION. 0 85000 34600 50400 85000 34600 50400 WI SCHEDULE G, PART I, LINE 2B, COLUMN (V) PAYMENTS FOR PROFESSIONAL FUNDRAISING SERVICES. 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 MADE IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 62,761. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 5,315. TOTAL EXPENSES 68,076.