2012-05-01T11:08:11-05:00 2011-06-30 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2010-07-01 390987840 ACADEMY OF BASIC EDUCATION INC D/B/A BROOKFIELD ACADEMY ACAD 2627833200 3460 NORTH BROOKFIELD ROAD BROOKFIELD WI 530452599 JOHN GEHRKE 2627833200 2012-05-01 1 KIMBERLY ANDERSON CPA 6086628600 2010 2016-02-24 21:20:13Z JOHN GEHRKE 3460 NORTH BROOKFIELD ROAD BROOKFIELD WI 530452599 14387654 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. 9 9 253 300 174800 0 1476154 1344038 10984684 12124062 20461 9547 -5735 203745 12475564 13681392 1015732 1130262 0 0 6795666 7400435 0 0 436892 4031692 4467005 11843090 12997702 632474 683690 35551647 36822373 10292371 10644300 25259276 26178073 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 11654580 1130262 12111546 OPERATION OF A PRIVATE ELEMENTARY, MIDDLE AND HIGH SCHOOL FOR THE PURPOSE OF EDUCATING AND GRADUATING STUDENTS PREPARED FOR COLLEGE AND LIFE. 11654580 1 1 0 0 0 1 1 0 1 1 0 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 1 0 0 0 0 0 0 0 0 0 1 42 0 1 253 1 1 1 0 0 0 0 1 1 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X X MICHAEL J FRANCIS 2627833200 3460 N BROOKFIELD RD BROOKFIELD WI 530452599 THOMAS A ANDERSON 1.00 X X 0 0 0 MICHAEL J FRANCIS 1.00 X X 0 0 0 DANIEL J GEENEN 1.00 X 0 0 0 R JEFFREY HARRIS 1.00 X 0 0 0 WILLIAM R LAW 1.00 X X 0 0 0 MICHAEL T MALATESTA 1.00 X 0 0 0 MALAIKA MATHAI KODALI 1.00 X 0 0 0 MICHAEL D SIMMONS 1.00 X 0 0 0 MARY J YORK 1.00 X 0 0 0 THOMAS C BOYCE 1.00 X X 0 0 0 ROBERT E SOLSRUD 40.00 X 157928 0 7000 157928 0 7000 1 0 1 0 PROGRAMMED CLEANING INC 2115-2125 SOUTH 162ND STREET NEW BERLIN WI 53151 CLEANING SERVICE 439865 STIER CONSTRUCTION INC N8 W22195 JOHNSON DR STE 160 WAUKESHA WI 53186 CONSTRUCTION 182521 LAUGHLIN CONSTABLE INC BOX 1451 MILWAUKEE WI 53201 ADVERTISING 146922 4 P'S IN A POD LLC 1930-B BLUEMOUND RD WAUKESHA WI 53186 CATERING 123896 4 236024 1108014 934423 1344038 TUITION 611710 11605112 11605112 OTHER PROGRAM REVENUES 611710 480954 480954 ATHLETICS 611710 37996 37996 12124062 16790 16790 9357 9357 9357 9357 622589 629832 -7243 -7243 -7243 59818 236024 68403 -8585 -8585 36200 8027 28173 28173 OTHER REVENUE - UBI 310000 174800 174800 174800 13681392 12124062 174800 38492 1130262 1130262 171313 152256 13052 6005 5992328 5312873 453841 225614 247554 217037 20128 10389 559857 497173 31448 31236 429383 380487 33108 15788 17227 17227 33075 33075 2619 2619 38329 38329 189448 51417 138031 330594 273574 57020 1402797 1402797 99771 93479 6292 15208 13803 1405 239017 239017 1043950 1043950 33294 33294 EDUCATIONAL & TEACHING 810222 802917 7305 DEVELOPMENT COSTS 136594 136594 ADMISSIONS 69515 69515 UNCOLLECTIBLE ACCOUNTS 22820 11554 11266 UNRELATED BUSINESS INCO -26930 -26930 9455 7625 1830 12997702 11654580 906230 436892 1067056 978170 2137644 3608273 1938395 696629 97284 99182 22607 153218 278164 38157040 9472212 29266450 28684828 1438720 891600 1015800 35551647 36822373 1159986 1311344 4742610 5203323 4100002 3899998 289773 229635 10292371 10644300 X 22728185 24263965 2511091 1894108 20000 20000 25259276 26178073 35551647 36822373 X 683690 235107 X 0 1 0 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 47.50 1 1 21.00 1325 15000 X X 0 1583299 518099 376699 23674 2454423 1595435 120479 -102573 30042 1583299 2678037 10779 -858879 234502 1595435 0.52260 0.00820 0.46930 0 0 3822615 3822615 28445244 5763965 22681279 2185640 1228904 956736 3703541 2479343 1224198 28684828 SWAP VALUATION 229635 229635 13681392 12997702 683690 235107 235107 918797 12786237 235107 -1130262 -895155 13681392 0 13681392 11867440 0 11867440 1130262 1130262 12997702 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 BAS RELIEFS" AND 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. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ACADEMY'S ENDOWMENTS CONSIST OF 18 FUNDS ESTABLISHED TO SUPPORT A VARIETY OF PROGRAMS AND SCHOLARSHIPS AT BROOKFIELD ACADEMY. PART XII, LINE 2D - OTHER ADJUSTMENTS: GRANTS -1,130,262. PART XIII, LINE 4B - OTHER ADJUSTMENTS: GRANTS 1,130,262. PART II LINE 3: THE ORGANIZATION DID NOT MODIFY, TRANSFER, RELEASE, EXTINGUISH, OR TERMINATE THE EASEMENT IT HOLDS DURING THE TAXABLE YEAR. PART II LINE 5: THE ORGANIZATION DOES HAVE A WRITTEN POLICY IN PLACE REGARDING THE PERIODIC MONITORING AND ENFORCEMENT OF THE CONSERVATION EASEMENT THAT IT HOLDS. PART II LINE 9: THE ORGANIZATION DOES NOT RECEIVE ANY REVENUE FROM THE EASEMENT AND ALL EXPENSES ARE RECORDED AS CONTRACTED SERVICES ON THE INCOME STATEMENT. THE EASEMENT IS REPORTED ON THE BALANCE SHEET AS PART OF THE LAND TOTAL. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION 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 248197 236024 12173 1000 26350 12996 GOLF OUTING 47645 47645 25799 200 2058 295842 236024 59818 26799 26550 15054 68403 -8585 36200 7000 1027 0 36200 7000 1027 8027 28173 WI 1 0 0 0 1.00000 0.00000 JOHN GEHRKE 3460 NORTH BROOKFIELD ROAD BROOKFIELD WI 53045 0 NA 0 1 NEED BASED FINANCIAL ASSISTANCE 117 829612 MERIT SCHOLARSHIPS 57 300650 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 0 0 0 0 0 0 0 0 0 ROBERT E SOLSRUD 155928 0 0 0 2000 0 7000 0 0 0 164928 0 0 0 X 12 934423 FMV OF STOCK 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS PREPARED BY THE ACCOUNTING FIRM CLIFTONLARSONALLEN LLP AND REVIEWED IN DETAIL BY THE ORGANIZATION'S FINANCE DIRECTOR AND ASSISTANT FINANCE DIRECTOR. THIS PRELIMINARY DRAFT IS MADE AVAILABLE FOR REVIEW BY MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS. 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 OF 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 HEAD OF SCHOOL 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 GOVERNMENT DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 235,107.