2016-01-11T11:09:14-06:00 2015-06-30 390747409 REILLY PENNER & BENTON LLP 1233 NORTH MAYFAIR RD SUITE 302 MILWAUKEE WI 532263255 990 2014-07-01 391590212 PARTNERS ADVANCING VALUES IN EDUCATION PART 4142632970 301 W WISCONSIN AVE NO 300 MILWAUKEE WI 53203 JOAN FEIEREISEN PRESIDENT 4142632970 2016-01-11 1 PATRICK HOFFERT P00979243 4142717800 2014 2016-04-25 22:37:26Z PAVE DAN MCKINLEY 301 W WISCONSIN AVE NO 300 MILWAUKEE WI 53203 2908250 0 X WWW.PAVE.ORG X 1992 WI PAVE MAKES EXCELLENT EDUCATIONAL OPPORTUNITIES POSSIBLE FOR LOW-INCOME FAMILIES IN MILWAUKEE, WI. 13 13 9 12 0 0 1336370 1159648 112405 87952 106018 229849 0 0 1554793 1477449 693498 781866 0 0 672839 873157 0 0 129969 303082 374508 1669419 2029531 -114626 -552082 13450089 13107800 119792 307182 13330297 12800618 X PAVE MAKES EXCELLENT EDUCATIONAL OPPORTUNITIES POSSIBLE FOR LOW-INCOME FAMILIES IN MILWAUKEE, WISCONSIN. PAVE ACCOMPLISHES THIS MISSION BY LEADING A COMMUNITY-WIDE EFFORT TO HELP SCHOOL BOARDS AND SCHOOL LEADERS REALIZE THEIR VISIONS FOR EXCELLENCE BY DEVELOPING AND SUPPORTING GOOD GOVERNANCE, BUILDING ORGANIZATIONAL CAPACITY, AND MAKING SIGNIFICANT INVESTMENTS IN EXPANSION PROJECTS FOR HIGH QUALITY SCHOOLS. 0 0 1089782 781866 87952 EXPANDED THE NUMBER OF SCHOOLS IN THE CITY OF MILWAUKEE THAT CAN ACHIEVE EXCELLENCE IN FOUR CRITICAL AREAS - GOVERNANCE AND LEADERSHIP, FINANCIAL OPERATIONS, INFRASTRUCTURE THAT MEASURES AND SUPPORTS ACADEMIC EXCELLENCE AND STRATEGIC PARTNERSHIPS. THIS IS DONE BY PROVIDING STRATEGIC GRANTS AND DIRECT CONSULTING SUPPORT TO OUR PARTNER SCHOOLS AS WELL AS THE RECRUITMENT, TRAINING AND PLACEMENT OF COMMUNITY MEMBERS ON THE GOVERNING BOARDS OF OUR PARTNER SCHOOLS. 161417 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. 1251199 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 6 0 1 9 1 0 0 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 BRIDGET COFFEY 4142632970 301 W WISCONSIN AVE NO 300 MILWAUKEE WI 53203 X DR KATHLEEN CEPELKA DIRECTOR 1.00 X 0 0 0 JAMES FRIEDMAN DIRECTOR 1.00 X 0 0 0 JOHN GROGAN DIRECTOR/TREASURER 1.00 X X 0 0 0 TIMOTHY HANLEY DIRECTOR/ CHAIR 1.00 X X 0 0 0 JOHN MCVICKER DIRECTOR 1.00 X 0 0 0 RICHARD L SCHMIDT 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 CRISTY GARCIA THOMAS DIRECTOR 1.00 X 0 0 0 JOAN SHAFER DIRECTOR 1.00 X 0 0 0 TIMOTHY SHEEHY ADVISOR 1.00 X 0 0 0 MARK BLUTSTEIN DIRECTOR 1.00 X 0 0 0 CORY L NETTLES DIRECTOR/VICE CHAIR 1.00 X 0 0 0 DANIEL MCKINLEY PRESIDENT/CEO 40.00 X 158084 0 29166 158084 0 29166 1 0 1 0 0 1159648 7336 1159648 INTEREST 611710 87952 87952 87952 192514 192514 1468136 1430801 37335 37335 37335 1477449 87952 0 229849 781866 781866 354825 79086 238026 37713 393453 131489 230780 31184 10808 3612 6339 857 71656 23947 42030 5679 42415 14175 24878 3362 12150 12150 35198 35198 71524 43322 28202 58339 58339 39030 15410 23620 17366 17366 41246 41246 11591 11591 21566 15493 6073 4276 4276 4787 4787 RELATED TO CAPITAL INVE 30264 30264 FUNDRAISING EXPENSE 24968 24968 OVERHEAD ALLOCATION 0 112535 -138741 26206 2203 2203 2029531 1251199 648363 129969 13102 66764 4462883 2927159 254402 210217 1971 2978 2262308 2530079 18484 15184 28512 20006 11866 8506 6422287 7344487 2786 2426 13450089 13107800 82292 307182 37500 0 119792 307182 X 3185327 3283495 10144970 9517123 13330297 12800618 13450089 13107800 X -552082 10569 11834 X X 0 1 X 1 0 X 1213662 1285737 1152860 1336370 1152314 6140943 1213662 1285737 1152860 1336370 1152314 6140943 3738311 2402632 64209 80928 80465 106018 229848 561468 500 500 6702911 638348 0.35840 0.42000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28512 20006 8506 8506 X 1591529 91676 22404 114080 1477449 0 1477449 2121207 91676 91676 2029531 0 2029531 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. GENERALLY, FOR UNITED STATES FEDERAL INCOME TAX, PAVE IS ONLY SUBJECT TO EXAMINATION FOR THE CURRENT YEAR'S TAX RETURN AND THE PRECEDING THREE YEARS' RETURNS. GENERALLY, FOR WISCONSIN INCOME A TAX, PAVE IS ONLY SUBJECT TO EXAMINATIONS FOR CURRENT YEAR'S TAX RETURN AND THE PRECEDING FOUR YEARS' RETURNS. PART XI, LINE 2D - OTHER ADJUSTMENTS: PRESENT VALUE ALLOWANCE 11,834. UNREALIZED GAIN ON INVESTMENTS 10,570. 0 WISCONSIN LUTHERAN HIGH SCHOOL 330 N GLENVIEW AVE MILWAUKEE WI 53213 390888758 501(C)(3) 200000 FMV - CASH SUMMER PROGRAMMING GRANTS & SCHOOL QUALITY INITIATIVE GRANTS MESSMER HIGH SCHOOL 742 W CAPITOL DR MILWAUKEE WI 53206 391482053 501(C)(3) 5850 FMV - CASH CAPITAL INVESTMENT GRANTS DOMINICAN HIGH SCHOOL 120 E SILVER SPRING DR WHITEFISH BAY WI 53217 390914630 501(C)(3) 100000 FMV - CASH STUDENT EDUCATION SCHOLARSHIPS & STRATEGIC/BUSINESS GRANT ST THOMAS MORE HIGH SCHOOL 2601 E MORGAN MILWAUKEE WI 53207 391163083 501(C)(3) 20000 FMV - CASH STUDENT EDUCATION SCHOLARSHIPS LUTHER SPECIAL SCHOOL 9700 W GRANTOSA AVE MILWAUKEE WI 53222 391557379 501(C)(3) 8634 FMV - CASH STUDENT EDUCATION SCHOLARSHIPS KINGS ACADEMY CHRISTIAN SCHOOL INC 7798 N 60TH STREET MILWAUKEE WI 53223 391080976 501(C)(3) 30000 FMV - CASH SCHOOL QUALITY INTITIATIVE GRANTS CATHOLIC EAST ELEMENTARY SCHOOL 2038 N BARTLETT AVE MILWAUKEE WI 53202 391472250 501(C)(3) 6581 FMV - CASH SUPPORT OF THE SCHOOL'S BOARD AND FOR DEVELOPMENT OF STRATEGIC PLANNING HILLEL ACADEMY 6401 N SANTA MONICA BLVD MILWAUKEE WI 53217 391025262 501(C)(3) 7200 FMV - CASH SUPPORT OF THE SCHOOL'S MARKETING PROGRAM MILWAUKEE COLLEGE PREPATORY SCHOOL 2449 N 36TH ST MILWAUKEE WI 53210 391881295 501(C)(3) 100000 FMV - CASH SUPPORT OF CAPITAL PROJECTS OR CAPITAL NEEDS SAINT JOAN ANTIDA HIGH SCHOOL 1341 N CASS ST MILWAUKEE WI 53202 391570748 501(C)(3) 13500 FMV - CASH SUPPORT OF IMPLEMENTING THE SCHOOLS STRATEGIC PLAN AND BRINGING IT TO REALITY SEEDS OF HEALTH 1445 S 32ND ST MILWAUKEE WI 53215 930843605 501(C)(3) 10750 FMV - CASH SUPPORT FOR ACTUAL CAPITAL PROJECTS OR CAPITAL NEEDS ST COLETTA DAY SCHOOL 1740 N 55TH ST MILWAUKEE WI 53208 270634918 501(C)(3) 20125 FMV - CASH SUPPORT OF IMPLEMENTING THE SCHOOLS STRATEGIC PLAN AND BRINGING IT TO REALITY X X X 0 0 0 0 0 0 0 0 0 DANIEL MCKINLEY PRESIDENT/CEO 158084 0 0 0 0 0 4593 0 24573 0 187250 0 0 0 JAMES FRIEDMAN MEMBER OF THE BOARD OF DIRECTORS 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 $91,676. 0 REV JOHN MCVICKER MEMBER OF THE BOARD OF DIRECTORS PAVE HAS A PARTICIPATING INTEREST IN A LOAN OUTSTANDING BETWEEN A BANK AND A CITY OF MILWAUKEE SCHOOL WHOSE FOUNDER, REV. JOHN MCVICKER IS ALSO A MEMBER OF PAVE'S BOARD OF DIRECTORS. THE SCHOOL WAS ALSO GIVEN A GRANT OF APPROXIMATELY $30,000 IN THE CURRENT YEAR. IN MANAGEMENT'S OPINION, ALL TRANSACTIONS WERE MADE ON AN ARM'S-LENGTH-BASIS AS THE RELATED BOARD MEMBER WAS NOT PART OF THE DECISION MAKING PROCESS. AS OF JUNE 30, 2015, THE BALANCE ON THE LOAN RECEIVABLE WAS $154,524. 0 X OFFICE FURNITURE 1 7336 FMV X LEGAL SERVICE 1 0 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 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: PRESENT VALUE ALLOWANCE 11,834. 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.