2018-11-06T16:47:01-06:00 2018-06-30 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2017-07-01 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 2018-11-05 1 KIMBERLY ANDERSON CPA P00188889 6086628600 2018-11-05 67.137.57.251 2018-11-05 14:22:31 CS P 356E76376044E692544D6A37DDF1E0572DA6BBCB 74366397A7920D47D320981250E17347957E6194 2017 2018-06-14 16:35:46Z KRISTI THOMPSON 3462 NORTH BROOKFIELD ROAD BROOKFIELD WI 530452599 16696245 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. 10 10 334 203 428235 381259 1251617 1226996 14662899 14910525 33960 108453 546614 356188 16495090 16602162 1703529 1872267 0 0 10071948 10071217 0 0 565388 4735446 4846304 16510923 16789788 -15833 -187626 37010923 37653890 8034955 8573802 28975968 29080088 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 14912241 1872267 14910525 EDUCATION - OPERATION OF A PRIVATE ELEMENTARY, MIDDLE AND HIGH SCHOOL FOR THE PURPOSE OF EDUCATING AND GRADUATING STUDENTS PREPARED FOR COLLEGE AND LIFE. 14912241 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 48 0 1 334 1 1 1 0 0 0 0 1 1 0 0 0 0 X 10 10 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 X APRAHAMIAN MR EDWARD M DIRECTOR 1.00 X 0 0 0 DAVIS CYNTHIA M DIRECTOR 1.00 X 0 0 0 GEENEN DANIEL J DIRECTOR 1.00 X 0 0 0 HARRIS R JEFFREY DIRECTOR 1.00 X 0 0 0 LAW WILLIAM R CHAIR 1.00 X X 0 0 0 MALATESTA MICHAEL T DIRECTOR 1.00 X 0 0 0 KODALI MALAIKA MATHAI SECRETARY 1.00 X X 0 0 0 NETTESHEIM JOEL G DIRECTOR 1.00 X 0 0 0 SIMMONS MICHAEL D VICE-CHAIR & TREASURER 1.00 X X 0 0 0 YORK MARY DIRECTOR 1.00 X 0 0 0 TAINTOR JAMES SPENCER HEAD OF SCHOOL THROUGH JUNE 2017 40.00 X 206974 0 13532 KOENINGS SHARON HEAD OF SCHOOL AS OF JULY 2017 40.00 X 138068 0 20177 345042 0 33709 2 0 1 0 MIDAMERICAN BUILDING SERVICES 6682 W GREENFIELD AVE SUITE 109 WEST ALLIS WI 53214 JANITORIAL SERVICES 418314 VJS CONSTRUCTION SERVICES W223 N2847 ROUND CIRCLE W PEWAUKEE WI 53072 REMODEL/CONSTRUCTION 284830 2 266561 960435 12256 1226996 TUITION 611710 14134454 14134454 OTHER PROGRAM REVENUES 611710 775460 775460 ATHLETICS 611710 611 611 14910525 13994 13994 11750 0 11750 11750 11750 103533 9074 94459 94459 94459 55647 266561 77613 -21966 -21966 17600 7396 10204 10204 PASS THROUGH REVENUE - UBI 310000 356200 428235 -72035 356200 16602162 14910525 428235 36406 1872267 1872267 191749 171318 12083 8348 8168830 7291766 511023 366041 320659 290334 25405 4920 807733 724052 46976 36705 582246 516927 39328 25991 28112 28112 45075 45075 46621 46621 220002 76216 143786 309038 233242 75796 1669148 1669148 42816 40574 2242 21189 14304 6885 54575 54575 1091376 1091376 53936 53936 EDUCATIONAL/TEACHING SU 880245 803741 76504 INCOME TAX - UBIT 194113 194113 DEVELOPMENT COSTS 107683 107683 ADMISSIONS 43237 43237 39138 8465 14973 15700 16789788 14912241 1312159 565388 1315183 1605598 3694579 3900879 339862 316912 114567 177642 39935 37115 215527 179843 42337329 17162970 25448961 25174359 3946109 4289342 1896200 1972200 37010923 37653890 1657932 2111360 6259563 6425061 117460 37381 8034955 8573802 X 25837015 25783538 3118953 3276550 20000 20000 28975968 29080088 37010923 37653890 -187626 291746 0 X 0 1 X 0 0 X 15000 X X 0 5842309 108622 471591 160981 6261541 4940275 301665 736856 136487 5842309 5167318 224028 -316302 134769 4940275 5014756 167650 75680 90768 5167318 3614124 791293 707112 97773 5014756 0.48210 0.00320 0.51470 0 0 4067615 4067615 30813484 10986593 19826891 2421156 2181688 239468 5035074 3994689 1040385 25174359 INVESTMENT IN METALCRAFT OF MAYVILLE, INC. 1972200 F 1972200 SWAP VALUATION 37381 37381 15021641 291746 291746 14729895 1872267 1872267 16602162 14917521 0 14917521 1872267 1872267 16789788 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 24 FUNDS ESTABLISHED TO SUPPORT A VARIETY OF PROGRAMS AND SCHOLARSHIPS AT BROOKFIELD ACADEMY. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS 1,872,267. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS 1,872,267. 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 265631 230546 35085 3959 34063 612 6655 GOLF OUTING 56577 36015 20562 26661 5663 322208 266561 55647 3959 60724 612 12318 77613 -21966 17600 7000 396 0 17600 7000 396 7396 10204 WI 1 0 1 0 1.00000 KRISTI THOMPSON 3462 NORTH BROOKFIELD ROAD BROOKFIELD WI 53045 0 NA 0 1 NEED BASED FINANCIAL ASSISTANCE 170 1422697 MERIT SCHOLARSHIPS 85 449570 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 1 0 0 0 0 0 0 0 0 TAINTOR JAMES SPENCER HEAD OF SCHOOL THROUGH JUNE 2017 101974 0 0 0 105000 0 0 0 13532 0 220506 0 0 0 KOENINGS SHARON HEAD OF SCHOOL AS OF JULY 2017 138068 0 0 0 0 0 6996 0 13181 0 158245 0 0 0 PART I, LINE 4A JAMES SPENCER TAINTOR RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $105,000. 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.