2018-03-08T13:22:57-06:00 2017-06-30 390747409 REILLY PENNER & BENTON LLP 1233 NORTH MAYFAIR RD SUITE 302 MILWAUKEE WI 532263255 990 2016-07-01 391590212 PARTNERS ADVANCING VALUES IN EDUCATION PART 4142632970 301 W WISCONSIN AVE NO 300 MILWAUKEE WI 53203 DAVID STEELE PRESIDENT/CEO 4142632970 2018-02-12 1 PATRICK HOFFERT P00979243 4142717800 107.133.53.121 2018-02-12 13:50:01 CS P 9A63AFFA09F1E0CC17EC8B2A421F7A73478D4E05 BB617079E7974BFAFC1A155D0B5AEAE12C148DD9 2016 2021-01-29 14:40:06Z PAVE DAVID STEELE 301 W WISCONSIN AVE NO 300 MILWAUKEE WI 53203 1882811 0 X WWW.PAVE.ORG X 1992 WI PAVE MAKES EXCELLENT EDUCATIONAL OPPORTUNITIES POSSIBLE FOR LOW-INCOME FAMILIES IN MILWAUKEE, WI. 13 13 13 5 0 0 842413 515656 80246 74824 240298 293673 -17088 -12371 1145869 871782 657460 76264 0 0 600853 568949 0 0 195025 325492 243949 1583805 889162 -437936 -17380 12749010 12870214 156961 68485 12592049 12801729 X PAVE MAKES EXCELLENT EDUCATIONAL OPPORTUNITIES POSSIBLE FOR LOW-INCOME FAMILIES IN MILWAUKEE. PAVE FULFILS THIS MISSION BY CHAMPIONING GOOD GOVERNANCE AND VISIONARY LEADERSHIP IN SCHOOLS, WHILE EQUIPPING THEM WITH RESOURCES THEY NEED TO FULFIL THEIR MISSIONS. 0 0 242309 76264 74824 EXPANDED THE NUMBER OF HIGH QUALITY SEATS SERVING LOW-INCOME STUDENTS IN MILWAUKEE SCHOOLS, THROUGH BUILDING THE CAPACITY OF SCHOOLS AS INDEPENDENT ORGANIZATIONS. THIS IS DONE THROUGH COACHING AND MENTORING SCHOOL BOARDS AND SCHOOL LEADERS IN THE AREAS OF GOVERNANCE, STRATEGIC PLANNING, FUND DEVELOPMENT AND MARKETING, HUMAN RESOURCES, AND DATA-INFORMED DECISION MAKING. PAVE PROVIDES ONE-ON-ONE CONSULTING FOR BOARD MEMBERS AND LEADERS OF ITS NETWORK SCHOOLS THROUGH PAVE'S IN HOUSE EXPERTISE, AS WELL AS THIRD PARTY CONSULTANTS. PAVE PROVIDES LIMITED FINANCIAL ASSISTANCE TO SUPPORT THESE THIRD PARTY CONSULTING ENGAGEMENTS, AS WELL AS TARGETED FINANCIAL SUPPORT FOR THE EXPANSION OF HIGH QUALITY SCHOOLS THROUGH BRICKS AND MORTAR PROJECTS. PAVE DIRECTS THESE ACTIVITIES TOWARD A NETWORK OF 58 SCHOOLS SERVING NEARLY 19,000 STUDENTS IN THE CITY OF MILWAUKEE. THESE SCHOOLS, ON AVERAGE, POST SIGNIFICANTLY HIGHER TEST SCORE RESULTS IN MATH AND READING THAN THEIR COUNTERPARTS OUTSIDE OF THE PAVE NETWORK. THE CORE GROUP OF 58 SCHOOLS THAT HAVE BEEN PART OF THE NETWORK SINCE 2012 HAVE GROWN FROM RESULTS AT THE CITY AVERAGE TO SIGNIFICANTLY OUTPACING THE AVERAGE, AFTER 4 YEARS OF BEING IN THE PAVE NETWORK. 99042 PAVE'S BOARD CORPS PROGRAM RECRUITS AREA PROFESSIONALS WHO WANT TO HELP IMPROVE EDUCATIONAL OPPORTUNITIES IN MILWAUKEE BY SERVING ON THE BOARDS OF HIGH-POTENTIAL, INDEPENDENT SCHOOLS. BOARD CORPS MEMBERS RECEIVE THE BEST-IN-CLASS TRAINING FOR SCHOOL GOVERNANCE. PAVE THEN MATCHES BOARD CORPS CANDIDATES WITH A SCHOOL AND BOARD THAT FITS THEIR PARTICULAR SKILLS AND INTERESTS. TO DATE, PAVE'S BOARD CORPS PROGRAM HAS RECRUITED, TRAINED AND MATCHED 77 PROFESSIONALS TO SERVE ON PAVE NETWORK SCHOOL BOARDS. 341351 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 11 0 1 13 1 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI X X X MIKE EHREN 4142632970 301 W WISCONSIN AVE NO 300 MILWAUKEE WI 53203 X DR KATHLEEN CEPELKA DIRECTOR 1.00 X 0 0 0 JAMES FRIEDMAN DIRECTOR/SECRETARY 1.00 X X 0 0 0 JOHN GROGAN DIRECTOR/TREASURER 1.00 X X 0 0 0 CORY L NETTLES DIRECTOR/ CHAIR 1.00 X X 0 0 0 JON LANGENFELD DIRECTOR 1.00 X 0 0 0 JOHN MCVICKER SR DIRECTOR 1.00 X 0 0 0 JOAN SHAFER DIRECTOR/VICE CHAIR 1.00 X X 0 0 0 RICHARD L SCHMIDT JR DIRECTOR 1.00 X 0 0 0 DR EILEEN SCHWALBACH DIRECTOR 1.00 X 0 0 0 CHRIS GOLLER DIRECTOR 1.00 X 0 0 0 TIMOTHY SHEEHY NON-VOTING ADVISOR 1.00 X 0 0 0 MARK BLUTSTEIN DIRECTOR 1.00 X 0 0 0 TIM HANLEY IMMEDIATE PAST CHAIR 1.00 X 0 0 0 CRAIG SCHMUTZER DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 102874 412782 515656 INTEREST 611710 74824 74824 74824 205141 205141 1069501 980969 88532 88532 88532 17689 102874 30060 -12371 -12371 871782 74824 0 281302 76264 76264 196679 28402 113939 54338 285301 97616 122968 64717 8044 2752 3468 1824 36849 12609 15881 8359 42076 14395 18137 9544 13000 13000 38593 38593 47569 7530 40039 37007 18160 18847 9480 746 8734 7668 7668 60914 60914 11945 11945 1630 288 1342 3671 3671 4882 4882 OVERHEAD ALLOCATION 79851 79851 OVERHEAD ALLOCATION 51806 51806 FUNDRAISING EXPENSE 4437 4437 RELATED TO CAPITAL INVE 2106 2106 -130610 632 -131242 889162 341351 352786 195025 74089 3352 2597923 2970661 15000 19426 82450 23218 2478718 2240434 4123 8642 32510 28533 7649 3977 7489058 7600504 12749010 12870214 156961 68485 156961 68485 X 3705726 3895097 8886323 8906632 12592049 12801729 12749010 12870214 X -17380 204956 22104 X X 0 1 X 1 0 X 1152860 1336370 1152314 842413 515656 4999613 1152860 1336370 1152314 842413 515656 4999613 2909342 2090271 80465 106018 229848 226352 293676 936359 5935972 378894 0.35210 0.34140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3998 1533 2465 28512 27000 1512 3977 X 1152236 23334 257120 280454 871782 0 871782 942556 23334 30060 53394 889162 0 889162 PART X, LINE 2: PAVE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS A CHARITABLE ORGANIZATION WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 509(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. PAVE DOES NOT HAVE ANY UNRELATED BUSINESS INCOME TAX. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. PAVE RECORDED NO ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. PAVE 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 DISCLOSURE REQUIRED. MANAGEMENT OF PAVE EVALUATES THE UNCERTAIN TAX POSITIONS TAKEN, IF ANY, AND CONSULTS WITH OUTSIDE COUNSEL AS DEEMED NECESSARY. PAVE RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: PRESENT VALUE ALLOWANCE 22,104. UNREALIZED GAIN ON INVESTMENTS 204,956. DIRECT FUNDRAISING EXPENSES 30,060. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 30,060. 25TH ANNIVERSARY LUNCHEON 120563 102874 17689 30060 120563 102874 17689 30060 30060 -12371 0 KINGS ACADEMY CHRISTIAN SCHOOL INC 7798 N 60TH STREET MILWAUKEE WI 53223 391080976 501(C)(3) 20000 FMV - CASH SUPPORT OF THE SCHOOL'S BOARD AND FOR DEVELOPMENT OF STRATEGIC PLANNING LUMIN SCHOOLS 1122 N ASTOR ST MILWAUKEE WI 53202 161616550 501(C)(3) 6120 FMV - CASH SUPPORT OF THE SCHOOL'S BOARD AND FOR DEVELOPMENT OF STRATEGIC PLANNING MILWAUKEE TEACHER EDUCATION CENTER 811 N HAWLEY RD 10 MILWAUKEE WI 53213 391865501 501(C)(3) 6300 FMV - CASH TO SUPPORT THE SCHOOL'S IMPLEMENTATION OF HR RESOURCES CRISTO REY JESUIT HIGH SCHOOL 1215 S 45TH STREET WEST MILWAUKEE WI 53214 465457943 501(C)(3) 25000 FMV - CASH SUPPORT OF THE SCHOOL'S BOARD AND FOR DEVELOPMENT OF STRATEGIC PLANNING LUTHERAN SPECIAL SCHOOL AND EDUCATION SERVICES 9700 W GRANTOSA DRIVE MILWAUKEE WI 53222 391557379 501(C)(3) 3004 FMV - CASH SUPPORT OF THE SCHOOL'S BOARD AND FOR DEVELOPMENT OF STRATEGIC PLANNING MILWAUKEE COLLEGIATE ACADEMY 4030 N 29TH STREET MILWAUKEE WI 53216 300322248 501(C)(3) 10440 FMV - CASH SUPPORT OF THE SCHOOL'S BOARD AND FOR DEVELOPMENT OF STRATEGIC PLANNING ST VINCENT POLLETTI SCHOOL 7622 W STEVENSON STREET MILWAUKEE WI 53213 391929705 501(C)(3) 5400 FMV - CASH SUPPORT OF IMPLEMENTING THE SCHOOLS STRATEGIC PLAN AND BRINGING IT TO REALITY JAMES FRIEDMAN MEMBER OF THE BOARD OF DIRECTORS 23334 JAMES FRIEDMAN IS A MEMBER OF THE BOARD OF DIRECTORS AND A PARTNER WITH QUARLES & BRADY, LLP, A LEGAL FIRM THAT PROVIDES PRO-BONO LEGAL SERVICES TO THE ORGANIZATION. THE IN-KIND VALUE OF THE SERVICES PROVIDED WAS $23,334. 0 REV JOHN MCVICKER MEMBER OF THE BOARD OF DIRECTORS 20000 A MILWAUKEE SCHOOL WAS GIVEN A GRANT OF APPROXIMATELY $20,000 IN THE CURRENT YEAR. THE SCHOOL'S FOUNDER, REV. JOHN MCVICKER, IS A MEMBER OF PAVE'S BOARD OF DIRECTORS. IN MANAGEMENT'S OPINION, THE TRANSACTION WAS MADE ON AN ARM'S-LENGTH-BASIS AS THE RELATED BOARD MEMBER WAS NOT PART OF THE DECISION MAKING PROCESS. 0 X LEGAL SERVICE 1 0 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B 11 - THE 990 FOR THE ORGANIZATION IS COMPLETED IN CONJUNCTION WITH THE ORGANIZATION'S EXTERNAL AUDITORS. INFORMATION IS PROVIDED BY THE DIRECTOR OF FINANCE AND THE COMPLETED RETURN IS REVIEWED BY THE DIRECTOR OF FINANCE & PRESIDENT/CEO. A DRAFT OF THE 990 IS ALSO SENT TO ALL BOARD MEMBERS FOR THEIR REVIEW WITH A SPECIAL EMPHASIS ON THE REVIEW OF THE FINANCE COMMITTEE AND BOARD OFFICERS. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNANCE COMMITTEE OF THE BOARD IS RESPONSIBLE FOR REQUESTING AND MONITORING COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AND DISCLOSURES FOR THE MEMBERS OF THE BOARD. THE PRESIDENT/CEO IS RESPONSIBLE FOR REQUESTING AND MONITORING COMPLIANCE WITH EMPLOYEE DISCLOSURES. FORM 990, PART VI, SECTION B, LINE 15A THE FINANCE COMMITTEE SERVES AS THE INITIAL COMPENSATION REVIEW COMMITTEE FOR THE PRESIDENT/CEO SALARY. THIS COMMITTEE REVIEWS COMPARABLE DATA DEVELOPED BY THE DIRECTOR OF FINANCE FOR SIMILAR ORGANIZATIONS. THE FINANCE COMMITTEE THEN RECOMMENDS A RANGE OF COMPENSATION TO THE FULL BOARD. THE FULL BOARD THROUGH THE GOVERNANCE COMMITTEE ESTABLISHES GOALS FOR THE CEO/PRESIDENT AND THEN PARTICIPATES IN THE EVALUATION PROCESS OF ACHIEVEMENT OF GOALS. THIS INFORMATION IS CONSIDERED ALONG WITH OTHER FACTORS IN DETERMINING FINAL COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 PUBLIC DISCLOSURE COPIES OF THE 990 ARE AVAILABLE ON PAVE'S WEBSITE, ON OTHER WEBSITES SUCH AS GUIDESTAR.ORG, AND UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 ANNUAL AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND PUBLISHED ON OUR OWN WEBSITE WWW.PAVE.ORG FORM 990, PART XI, LINE 9: CDFI PRESENT VALUE ALLOWANCE 22,104. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS FOR THE REVIEW OF THE AUDITED FINANCIAL STATEMENTS IN THE CURRENT YEAR.