2025-12-12T12:07:13-06:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2024-07-01 390806363 WAYLAND ACADEMY WAYL 9203562120 101 N UNIVERSITY AVE BEAVER DAM WI 53916 JASON MCCUTCHIN CFO 9203562120 2025-12-11 1 1 LAURA SCHWEITZER CPA P01760010 6086628600 2025-12-11 2024 2025-03-06 01:10:19Z JASON MCCUTCHIN 101 N UNIVERSITY AVE BEAVER DAM WI 53916 33445799 0 X WWW.WAYLAND.ORG X 1855 WI WAYLAND ACADEMY PREPARES EACH STUDENT FOR COLLEGE AND BEYOND THROUGH A LIBERAL ARTS CURRICULUM AND CAMPUS PROGRAMS DEVOTED TO THE PURSUIT OF KNOWLEDGE AND THE DEVELOPMENT OF CHARACTER. 18 18 58 110 0 0 2190736 2983585 4842878 5252296 493158 445975 -3061 -14562 7523711 8667294 0 0 0 0 3817992 3963962 0 0 634490 4815144 5384347 8633136 9348309 -1109425 -681015 42889581 45852448 6030786 6779916 36858795 39072532 WAYLAND ACADEMY PREPARES EACH STUDENT FOR COLLEGE AND BEYOND THROUGH A LIBERAL ARTS CURRICULUM AND CAMPUS PROGRAMS DEVOTED TO THE PURSUIT OF KNOWLEDGE AND THE DEVELOPMENT OF CHARACTER. 0 0 7044831 5261480 WAYLAND ACADEMY IS A COEDUCATIONAL COLLEGE PREPARATORY BOARDING AND DAY SCHOOL FOR STUDENTS IN GRADES 9 TO 12. AT WAYLAND ACADEMY, WE PREPARE EACH STUDENT FOR COLLEGE AND BEYOND THROUGH A LIBERAL ARTS CURRICULUM AND CAMPUS PROGRAMS DEVOTED TO THE PURSUIT OF KNOWLEDGE AND THE DEVELOPMENT OF CHARACTER. FOR THE 2024-2025 ACADEMIC YEAR, 200 STUDENTS REPRESENTED 35 COUNTRIES AND 10 STATES WERE ENROLLED AT WAYLAND ACADEMY. 7044831 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 0 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 29 0 1 58 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X JASON MCCUTCHIN 9203562120 101 N UNIVERSITY AVE BEAVER DAM WI 53916 SHELLEY GREENWOOD BOARD CHAIR 2.00 X X 0 0 0 DOTTIE JUNG VICE CHAIR 2.00 X X 0 0 0 MICHAEL VANHAREN SECRETARY 2.00 X X 0 0 0 DAVID LARSON TREASURER 2.00 X X 0 0 0 ELIZABETH PARKER TRUSTEE 1.00 X 0 0 0 BETHANN VAUBEL TRUSTEE 1.00 X 0 0 0 BURNETT SULLIVAN TRUSTEE 1.00 X 0 0 0 ONNIE LEACH SMITH TRUSTEE 1.00 X 0 0 0 ROSINA SAMADANI TRUSTEE 1.00 X 0 0 0 PETE PATTERSON TRUSTEE 1.00 X 0 0 0 PATRICIA MARTIN TRUSTEE 1.00 X 0 0 0 WILLIAM LUEDKE TRUSTEE 1.00 X 0 0 0 JAMES DOWNING TRUSTEE 1.00 X 0 0 0 JAMES JANIK TRUSTEE 1.00 X 0 0 0 JENNIFER WIRTZ TRUSTEE 1.00 X 0 0 0 ELIZABETH WALLMAN TRUSTEE 1.00 X 0 0 0 RANDALL HARRIS II TRUSTEE 1.00 X 0 0 0 WALTER BURTIS TRUSTEE 1.00 X 0 0 0 DAVID ARMSTRONG CHIEF FINANCIAL OFFICER 40.00 X 136168 0 42977 JASON WARNICK HEAD OF SCHOOL 40.00 X 254954 0 82921 CAROLYN AHLBORN DIRECTOR OF ADVANCEMENT 40.00 X 120025 0 18290 511147 0 144188 3 0 1 0 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 MAINT, GROUNDSKEEPING AND CULINARY SERVI 1744969 INTER-QUEST CORP 304 S SPRING STREET BEAVER DAM WI 53916 TECH SERVICES 436889 AGNEW CONSTRUCTION LLC W1414 COUNTY RD Z FALL RIVER WI 53932 CONSTRUCTION SERVICES 236998 3 287560 2696025 1315765 2983585 TUITION AND FEES 611110 4665664 4665664 STUDENT FEES 611110 352183 352183 TRANSPORTATION 611710 50508 50508 ACADEMIC TESTING 611710 26549 26549 CAMP REVENUE 611710 10500 10500 146892 146892 5252296 503881 503881 24581612 4839 24633909 10448 -52297 -5609 -57906 -57906 80130 287560 110681 -30551 -30551 20304 13499 6805 6805 19152 9968 9184 9184 8667294 5261480 0 422229 X 443130 443130 2775088 2002051 368488 404549 133130 96463 17175 19492 398366 283448 57642 57276 214248 136099 50648 27501 10283 10283 34309 34309 27121 27121 2009736 1850402 159174 160 23074 16557 6517 676893 524743 105323 46827 327189 301104 24287 1798 547511 503861 40642 3008 190472 161353 18268 10851 152078 28905 73409 49764 22348 20566 1659 123 797859 734249 59225 4385 241829 222549 17951 1329 EQUIPMENT REPAIRS 200523 162099 38424 BAD DEBT EXPENSE 64765 64765 DUES AND SUBSCRIPTIONS 58357 16939 40508 910 9348309 7044831 1668988 634490 181518 559113 541219 338636 590511 290085 189399 161255 3998 5237 107149 186623 32647485 15848383 17082163 16799102 218984 227158 23974640 27285239 42889581 45852448 112995 123835 2420221 2280281 3348685 4221232 148885 154568 6030786 6779916 X 9683697 11262762 27175098 27809770 36858795 39072532 42889581 45852448 X -681015 2197189 697563 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33398 X X 0 22448827 122049 2590866 1142633 32310 23986799 20378245 29100 3221979 1165617 14880 22448827 19440550 210582 2415737 1631594 57030 20378245 23469408 205844 -2551926 1620000 62776 19440550 18543940 210832 5429268 660000 54632 23469408 0.00915 0.78374 0.20711 0 0 981637 981637 28347313 13523002 14824311 3194073 2325381 868692 124462 124462 16799102 BENEFICIAL INTEREST IN PERPETUAL TRUST 997649 CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES 74561 INSTITUTIONALLY MANAGED FUNDS 24846269 BENEFICIAL INTERESTS IN CHARITABLE 1299556 COLLECTIBLES 33398 RIGHT OF USE ASSET, NET 33806 27285239 CLUB DUES 54524 FUTURE ANNUITY PAYMENTS 66238 LEASE LIABILITY 33806 154568 11495680 2197189 721030 2918219 8577461 27121 62712 89833 8667294 9281943 23467 23467 9258476 27121 62712 89833 9348309 PART III, LINE 1A: THERE ARE TWO COLLECTIONS, ONE IS INCLUDED ON THE FINANCIALS AND ONE IS NOT. THE COLLECTION ITEMS INCLUDE A WORK OF ART THAT IS HELD FOR PUBLIC EXHIBITION IN THE COURTYARD OF THE CAMPUS, AN ART COLLECTION, LACE AND NAVAJO RUGS KEPT INSIDE THE SCHOOL. THE WORK OF ART HELD FOR PUBLIC EXHIBITION IN THE COURTYARD IS NOT REPORTED ON THE FINANCIAL STATEMENTS. THAT WORK OF ART WAS RECEIVED IN OCTOBER 2007 AND HAD AN APPRAISED VALUE OF APPROXIMATELY $31,000 AT THE TIME OF DONATION. THE ART COLLECTION, LACE AND NAVAJO RUGS ARE INCLUDED ON THE BALANCE SHEET AT $33,398. THESE COLLECTIBLE ITEMS ARE NOT SUBJECT TO ANY RESTRICTIONS BY THE DONORS. PART III, LINE 4: THE ACADEMY'S COLLECTION ITEMS ARE WORKS OF ART THAT ARE HELD FOR PUBLIC EXHIBITION. THE ART BEAUTIFIES THE CAMPUS FOR STUDENTS, PARENTS, PROSPECTIVE STUDENTS, AND OTHER VISITORS. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE PRIMARILY USED TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS ATTENDING WAYLAND ACADEMY. PART XI, LINE 2D - OTHER ADJUSTMENTS: OTHER CHANGES IN NET ASSETS 697,563. COST OF GOODS SOLD 9,968. RAFFLE EXPENSES NET WITH RAFFLE INCOME 13,499. PART XI, LINE 4B - OTHER ADJUSTMENTS: NON-CASH DONATIONS TO ORG NOT RECORDED 62,712. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 9,968. RAFFLE EXPENSES NET WITH RAFFLE INCOME 13,499. PART XII, LINE 4B - OTHER ADJUSTMENTS: NON-CASH DONATIONS TO ORG NOT RECORDED 62,712. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ACADEMY'S RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED IN ALL ADVERTISING PUBLISHED IN NEWSPAPERS OF GENERAL CIRCULATION. SCHEDULE E, PART I, LINE 6 WISCONSIN EQUITABLE RECOVERY GRANT SPRING GALA & AUCTION 342090 276668 65422 54212 2732 22045 107 8206 GOLF OUTING 14084 5886 8198 3428 4386 5725 4334 1 11516 5006 6510 5506 367690 287560 80130 63146 7118 27770 107 12540 110681 -30551 20304 13499 0 0.00000 20304 13499 13499 6805 WI 1 0 0 0 0.90000 0.10000 KERRY WOLFGRAM 101 N UNIVERSITY AVE BEAVER DAM WI 53916 0 KELLY NEUERT ENSURES RULES ARE FOLLOWED FOR ANY RAFFLE DONE X 0 X 1 1 X X 0 0 0 0 0 0 0 0 0 JASON WARNICK HEAD OF SCHOOL 221116 0 33838 0 0 0 13563 0 69358 0 337875 0 0 0 DAVID ARMSTRONG CHIEF FINANCIAL OFFICER 136168 0 0 0 0 0 7362 0 35615 0 179145 0 0 0 PART I, LINE 1A JASON WARNICK, HEAD OF SCHOOL, RECEIVED HOUSING AND UTILITIES PROVIDED BY WAYLAND ACADEMY OF $26,100 FOR CALENDAR YEAR 2024. HOUSING ALLOWANCE IS NOT INCLUDED ON HIS W-2 INCOME AS IT IS A REQUIREMENT OF HIS EMPLOYMENT TO LIVE ON CAMPUS. X 11 3224 DONOR PROVIDED VALUE X 1646 DONOR PROVIDED VALUE X 44061 DONOR PROVIDED VALUE X 1 13499 FMV X 11 1194786 FMV X 2 40 DONOR PROVIDED VALUE X 14 4380 DONOR PROVIDED VALUE X ENTERTAINMENT/TICKETS 132 44017 DONOR PROVIDED VALUE X MUSICAL INSTRUMENTS 1 8000 DONOR PROVIDED VALUE X MISCELLANEOUS ITEMS 4 1010 DONOR PROVIDED VALUE X FACILITIES 1 570 DONOR PROVIDED VALUE X GIFT BASKETS 6 532 0 0 0 0 PART I, COLUMN (B): THE NUMBER OF ITEMS CONTRIBUTED IS BEING LISTED. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR, VICE CHAIR, ALL STANDING COMMITTEE CHAIRS, THE TREASURER AND THE SECRETARY OF THE BOARD. WHEN THE BOARD IS NOT IN SESSION, THE EXECUTIVE COMMITTEE OVERSEES THE MANAGEMENT OF ALL OF THE AFFAIRS OF WAYLAND ACADEMY. FORM 990, PART VI, SECTION A, LINE 8B THE ACADEMY DOCUMENTS ALL MEETINGS HELD AND ACTIONS UNDERTAKEN BY THE GOVERNING BODY. MINUTES OF MEETINGS HELD BY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY ARE GENERALLY NOT TAKEN. MEMBERS OF THESE COMMITTEES ARE GENERALLY ALSO MEMBERS OF THE GOVERNING BODY AND ACTIONS UNDERTAKEN BY THESE COMMITTEES ARE REPORTED TO THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT/FINANCIAL COMMITTEE, THE HEAD OF SCHOOL, AND THE CHIEF FINANCIAL OFFICER BEFORE THE RETURN IS FILED WITH THE IRS. THE FULL BOARD SHALL RECEIVE A COPY OF THE FORM 990 PRIOR TO ITS IRS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND OFFICERS ARE REQUIRED TO VERBALLY DISCLOSE ALL CONFLICTS OF INTEREST AT EACH QUARTERLY MEETING AND ARE ANNUALLY REQUIRED TO SIGN CONFLICT OF INTEREST DISCLOSURE STATEMENTS. IF A CONFLICT ARISES, THAT TRUSTEE RECUSES HIM/HERSELF FROM VOTING ON THE MATTER. ALL CONFLICTS ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIRPERSON MEETS WITH THE ACADEMY'S HEAD OF SCHOOL ANNUALLY TO DISCUSS HIS PERFORMANCE EVALUATION AND COMPENSATION PACKAGE. COMPARABILITY DATA IS OBTAINED BUT IS NOT SOLELY UTILIZED IN DETERMINING THE COMPENSATION PACKAGE. THE FINANCIAL ABILITY OF THE ACADEMY TO PAY APPROPRIATE COMPENSATION IS A MAJOR FACTOR IN DETERMINING THE COMPENSATION PACKAGE. A WRITTEN CONTRACT IS SIGNED BY THE CHAIRPERSON AND THE HEAD OF SCHOOL. OTHER OFFICERS ARE ANNUALLY EVALUATED BY THE HEAD OF SCHOOL. COMPARABILITY DATA IS OBTAINED BUT IS NOT SOLELY UTILIZED FOR DETERMINING COMPENSATION PACKAGES. THE FINANCIAL ABILITY OF THE ACADEMY TO PAY APPROPRIATE COMPENSATION IS A MAJOR FACTOR IN DETERMINING THE COMPENSATION PACKAGE. A WRITTEN ONE-YEAR CONTRACT IS SIGNED BY THE OFFICER AND THE HEAD OF SCHOOL. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST ON A CASE-BY-CASE BASIS. FORM 990, PART IX, LINE 11G FOOD SERVICE FEES: PROGRAM SERVICE EXPENSES 924,756. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 924,756. MEDICAL SERVICES: PROGRAM SERVICE EXPENSES 39,304. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,304. SPORTS OFFICIALS: PROGRAM SERVICE EXPENSES 28,533. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,533. ACADEMIC TESTING: PROGRAM SERVICE EXPENSES 26,116. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,116. FIRE ALARM SERVICES: PROGRAM SERVICE EXPENSES 23,201. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,201. PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 808,492. MANAGEMENT AND GENERAL EXPENSES 10,505. FUNDRAISING EXPENSES 160. TOTAL EXPENSES 819,157. EDUCATIONAL CONSULTANT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 148,669. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 148,669. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUSTS 666,292. CHANGE IN VALUE OF SPLIT-INTEREST -13,377. WRITE OFF OF UNCOLLECTED PROMISE -21,450. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 66,098.