2019-02-28T12:13:43-06:00 2018-06-30 390747409 REILLY PENNER & BENTON LLP 1233 NORTH MAYFAIR ROAD SUITE 302 MILWAUKEE WI 532263255 990 2017-07-01 391926815 EASTBROOK ACADEMY INC EAST 4142287905 5375 NORTH GREEN BAY AVENUE MILWAUKEE WI 53209 MICHAEL MAXSON HEAD OF SCHOOL 4142287905 2019-01-29 1 DAVID A GROTKIN P00240470 4142717800 107.133.53.121 2019-01-29 12:43:03 CS P 1D17F07E3E717899299287ADE2DC1AB9540E712C 1D509BFEF2A1B375BF2AB23711D7CEBD912DB0A0 2017 2019-02-21 02:37:17Z MICHAEL MAXSON 5375 NORTH GREEN BAY AVENUE MILWAUKEE WI 53209 3009735 0 X WWW.EASTBROOKACADEMY.ORG X 1998 WI EASTBROOK ACADEMY EXISTS TO SUPPORT FAMILIES FROM DIVERSE BACKGROUNDS IN THE ACADEMIC AND SPIRITUAL DEVELOPMENT OF THEIR CHILDREN FOR COLLEGE PREPARATION AND LIFE. THE ACADEMY IS FOUNDED TO IMPART A RIGOROUS CLASSICAL EDUCATION IN A LOVING ENVIRONMENT COMMITTED TO CHRISTIAN LIVING. 8 8 85 27 0 0 2060798 1876069 1037727 987642 18204 26534 280 33469 3117009 2923714 0 0 0 0 2285738 2282011 0 0 62170 846245 834901 3131983 3116912 -14974 -193198 1089866 880691 196968 163302 892898 717389 X EASTBROOK ACADEMY EXISTS TO SUPPORT FAMILIES FROM DIVERSE BACKGROUNDS IN THE ACADEMIC AND SPIRITUAL DEVELOPMENT OF THEIR CHILDREN FOR COLLEGE PREPARATION AND LIFE. THE ACADEMY IS FOUNDED TO IMPART A RIGOROUS CLASSICAL EDUCATION IN A LOVING ENVIRONMENT COMMITTED TO CHRISTIAN LIVING. 0 0 2663029 950733 OPERATION OF A PRIVATE SCHOOL OFFERING PROGRAMS TO 4-YEAR-OLDS THROUGH 12TH GRADE DURING THE YEAR ENDED JUNE 30, 2017. THE SCHOOL SERVED APPROXIMATELY 340 STUDENTS DURING THE YEAR. 24425 37599 PROVIDED A BEFORE AND AFTER SCHOOL CARE PROGRAM TO SERVE SCHOOL FAMILIES AS NEEDED. 2687454 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 85 1 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 1 0 X X MICHAEL MAXSON 4142287905 5375 N GREEN BAY AVENUE MILWAUKEE WI 532095005 NATE GANFIELD BOARD CHAIR 1.00 X X 0 0 0 MATTHEW BUEROSSE TREASURER 1.00 X X 0 0 0 KIM SOMENSKE VICE CHAIR 1.00 X X 0 0 0 BEN DOUGLAS DIRECTOR 1.00 X 0 0 0 LISA BUETHE DIRECTOR 1.00 X 0 0 0 ANNE OSTERWIND DIRECTOR 1.00 X 0 0 0 RONETT JACOBS DIRECTOR 1.00 X 0 0 0 MICHAEL MAXSON HEAD OF SCHOOL 40.00 X 43900 0 88 KAREN EGGERT SECRETARY 1.00 X 0 0 0 43900 0 88 0 0 0 0 0 64398 1332991 478680 11787 1876069 TUITION 611710 807913 807913 MILK & MEAL PURCHASES 900099 105417 105417 AFTER SCHOOL CARE 611710 37599 37599 PROGRAM FEES 900099 36713 36713 987642 6806 6806 65163 45435 19728 19728 19728 73365 64398 40586 32779 32779 OTHER INCOME 900099 690 690 690 2923714 988332 0 59313 88020 61614 22005 4401 1873888 1553823 269261 50804 22811 20302 2281 228 153662 136759 15366 1537 143630 126394 14363 2873 18825 18825 35671 35671 4562 2235 2327 98457 91657 6800 15457 14786 671 447208 417282 29926 44354 44354 FOOD SERVICE 109823 109823 STUDENT ACTIVITIES 52600 52600 MISCELLANEOUS 6467 6467 GRANT DEVELOPMENT 1477 1329 148 3116912 2687454 367288 62170 302879 184000 30094 13291 15715 24596 2475 993 462502 296622 210234 165880 528469 491931 1089866 880691 175753 148202 21215 15100 196968 163302 X 886603 702389 6295 15000 892898 717389 1089866 880691 -193198 17689 0 X X 0 1 X 1 0 X 267083 100000 19463 386546 244232 22851 267083 446160 55028 -6906 250000 50 244232 469810 35000 6350 65000 446160 703308 100813 334311 469810 1.00000 0 0 283767 134578 149189 178735 162044 16691 165880 X 2941403 17689 17689 2923714 0 2923714 3116912 0 3116912 0 3116912 PART V, LINE 4: THE FUND IS INVESTED FOR GROWTH. ONCE THE FUND IS LARGER, INCOME WILL BE USED TO SUPPORT OPERATING EXPENSES OF THE SCHOOL. PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. THE SCHOOL IS NOT CONSIDERED A PRIVATE FOUNDATION BY THE INTERNAL REVENUE SERVICE. THE SCHOOL DOES NOT CONSIDER ANY OF ITS SUPPORT AND REVENUES TO BE UNRELATED BUSINESS INCOME AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL HAS IMPLEMENTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH U.S. GAAP. THIS STANDARD DESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNIZING, INTEREST, PENALTIES AND DISCLOSURES REQUIRED. MANAGEMENT OF THE SCHOOL EVALUATES THE UNCERTAIN TAX POSITIONS TAKEN, IF ANY, AND CONSULTS WITH OUTSIDE COUNSEL AS DEEMED NECESSARY. THE SCHOOL RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME TAX EXPENSE. IN MANAGEMENT'S OPINION, THE SCHOOL HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT REPORTED A CORRESPONDING LIABILITY IN THE SCHOOL'S FINANCIAL STATEMENTS. 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 EASTBROOK ACADEMY PUBLISHED ITS RACIALLY NONDISCRIMINATORY POLICY IN THE HANDBOOK, THE FREE AND REDUCED LUNCH APPLICATIONS, AND IN THE DIRECT VERIFICATION FOR FREE AND REDUCED LUNCH APPLICATIONS. EASTBROOK ACADEMY ALSO PUBLISHES ITS NONDISCRIMINATORY POLICY ON EVERY STUDENT APPLICATION AND ON ITS WEBPAGE, BUT DOES NOT PRINT THE POLICY ON EVERY PIECE OF ADMISSIONS MATERIAL. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION PARTICIPATES IN THE MILWAUKEE PARENTAL CHOICE PROGRAM ADMINISTERED BY THE WISCONSIN DEPARTMENT OF PUBLIC INSTRUCTION. THE PROGRAM PROVIDES SUPPORT IN THE FORM OF A TUITION VOUCHER TO LOW INCOME CITY OF MILWAUKEE RESIDENTS THAT ENROLL IN THE SCHOOL. SILENT AUCTION 73893 64398 9495 5472 12941 GOLF OUTING 17545 17545 4355 1310 10 46325 46325 16508 137763 64398 73365 9827 30759 40586 32779 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS HAS A FORMAL DISCUSSION ANNUALLY REGARDING THE CONFLICT OF INTEREST POLICY. IN ADDITION, THE ISSUE IS REGULARLY MONITORED AND DISCUSSED AMONG BOARD MEMBERS AND SCHOOL HEADS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS EVALUATED THE HEAD OF SCHOOL AND RECOMMENDED AN APPROPRIATE MERIT INCREASE. THE HEAD OF SCHOOL AND CHAIR OF THE BOARD EVALUATED THE PERFORMANCE OF THE OTHER HEADS AND APPROVED MERIT INCREASES. FORM 990, PART VI, SECTION C, LINE 19 HELD AT THE MAIN OFFICE AND AVAILABLE UPON REQUEST FORM 990, PART XII, LINE 2C: EASTBROOK ACADEMY'S OVERSIGHT IS CONSISTANT WITH PRIOR YEARS. EASTBROOK CHURCH INC 5353 N GREEN BAY AVE MILWAUKEE WI 53209 391364853 CHURCH WI 501(C)(3) LINE 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 EASTBROOK CHURCH C 350000 EASTBROOK CHURCH K 350000