2024-03-02T14:32:27-06:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2022-07-01 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 2024-02-26 1 KRISTI THOMPSON 999009999 1 KIMBERLY ANDERSON CPA P00188889 6086628600 2024-02-26 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KRISTI THOMPSON 3462 NORTH BROOKFIELD ROAD BROOKFIELD WI 530452599 20993558 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 10 349 290 973981 965022 1300812 1059991 15926203 16735559 135555 80974 1481567 1572273 18844137 19448797 1897120 1951258 0 0 10697073 11178353 0 0 629545 4617844 5237604 17212037 18367215 1632100 1081582 42413032 44079331 10018126 10188901 32394906 33890430 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 16248940 1951258 16746727 EDUCATION - OPERATION OF A PRIVATE ELEMENTARY, MIDDLE AND HIGH SCHOOL FOR THE PURPOSE OF EDUCATING AND GRADUATING STUDENTS PREPARED FOR COLLEGE AND LIFE. 16248940 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 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 1 53 0 1 349 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KRISTI THOMPSON 2627833200 3462 N BROOKFIELD RD BROOKFIELD WI 53045 MICHAEL D SIMMONS CHAIR 1.00 X X 0 0 0 CYNTHIA DAVIS VICE CHAIR 1.00 X X 0 0 0 MALAIKA MATHAI KODALI SECRETARY 1.00 X X 0 0 0 EDWARD APRAHAMIAN DIRECTOR 1.00 X 0 0 0 DANIEL J GEENEN DIRECTOR 1.00 X 0 0 0 SCOTT PRIEBE DIRECTOR 1.00 X 0 0 0 RYAN LAW DIRECTOR 1.00 X 0 0 0 KATHARINE LOCKWOOD DIRECTOR 1.00 X 0 0 0 JOHN SCHLAGENHAUF DIRECTOR 1.00 X 0 0 0 MARY YORK DIRECTOR 1.00 X 0 0 0 DOUGLAS RICCI HEAD OF SCHOOL 40.00 X 187967 0 20163 KRISTI THOMPSON DIRECTOR OF FINANCE 40.00 X 114840 0 16212 LAWRENCE PESCH EXEC. DIR OF ADVANCEMENT AND ADMISSIONS 40.00 X 163567 0 18943 JOAN DOBLE DIRECTOR OF ADMISSIONS 40.00 X 100833 0 21524 NICHOLAS SPAETH DIR. OF COLLEGE COUNSELING 40.00 X 118917 0 22725 DANIEL DAVIS HEAD OF UPPER SCHOOL 40.00 X 117700 0 18481 LINDA PRYOR DIR. OF ACADEMICS/MISSION 40.00 X 115150 0 11519 RICHARD RANEY HEAD OF PRIMARY AND LOWER 40.00 X 108733 0 23807 1027707 0 153374 9 0 1 0 FRANK ARMSTRONG ENTERPRISES INC 12601 W SILVER SPRING RD BUTLER WI 53007 CONSTRUCTION 506117 MIDAMERICAN BUILDING SERVICES 6682 W GREENFIELD AVE SUITE 109 WEST ALLIS WI 53214 CUSTODIAL SERVICES 400323 STIER CONSTRUCTION INC N8W22195 JOHNSON DR WAUKESHA WI 53186 CONSTRUCTION 259228 ILLINGWORTH KILGUST MECHANICAL INC 11217 W BECHER ST WEST ALLIS WI 53227 CONSTRUCTION 150450 BLACKBAUD INC PO BOX 844827 BOSTON MA 02284 SOFTWARE CREATION 123152 5 339423 720568 141749 1059991 TUITION 611710 15876930 15876930 OTHER PROGRAM REVENUES 611710 853721 853721 ATHLETICS 611710 4908 4908 16735559 80396 80396 14400 4204 10196 10196 10196 1297596 1297018 578 578 578 150174 339423 222488 -72314 -72314 16465 6242 10223 10223 12920 14809 -1889 -1889 PASS THROUGH REVENUE - UBI 310000 1613000 973981 639019 13057 13057 1626057 19448797 16746727 973981 668098 1951258 1951258 539264 477167 35699 26398 8765855 7769153 572552 424150 357359 311985 27603 17771 869243 760106 61029 48108 646632 572895 42411 31326 81839 81839 53387 53387 72493 72493 269579 150759 118820 284157 200026 84131 2004522 2004522 51428 50592 836 27151 20570 6581 974299 974299 141893 141893 EDUCATIONAL/TEACHING SU 894315 855934 38381 INCOME TAX - UBIT 201010 201010 ADMISSIONS 68819 68819 DEVELOPMENT COSTS 41792 41792 70920 7781 23139 40000 18367215 16248940 1488730 629545 605519 1267143 6213450 5905380 232000 141000 112212 95847 30565 18929 310697 298503 46830477 22083407 24801539 24747070 6078650 6540459 4028400 5065000 42413032 44079331 1995062 2489240 8023064 7699661 10018126 10188901 X 28215843 29428103 4179063 4462327 32394906 33890430 42413032 44079331 1081582 413942 0 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15000 X X 0 6029656 1411989 7441645 4643056 1386600 6029656 4098696 578360 34000 4643056 3657772 450924 10000 4098696 6261541 620337 3224106 3657772 0.99730 0.00270 0.00000 0 0 4067615 4067615 34220024 14942593 19277431 3022485 2349281 673204 5520353 4791533 728820 24747070 INVESTMENT IN METALCRAFT OF MAYVILLE, INC. 5065000 F 5065000 18012869 413942 107389 521331 17491538 1957259 1957259 19448797 16517345 107389 107389 16409956 1957259 1957259 18367215 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 1 FUND ESTABLISHED TO SUPPORT A VARIETY OF PROGRAMS AND SCHOLARSHIPS AT BROOKFIELD ACADEMY. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NET WITH RENTAL INCOME 4,204. FUNDRAISER EXPENSES NET WITH FUNDRAISER INCOME 103,185. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS 1,951,258. PATRIOT EVENT EXPENSES MOVED FROM REVENUE 6,001. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NET WITH RENTAL INCOME 4,204. FUNDRAISER EXPENSES NET WITH FUNDRAISER INCOME 103,185. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS 1,951,258. PATRIOT EVENT EXPENSES MOVED FROM REVENUE 6,001. 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 398672 293464 105208 89480 4992 33204 8465 21691 GOLF OUTING 90925 46159 44766 13705 20360 19852 10739 489597 339623 149974 103185 25352 53056 8465 32430 222488 -72514 16465 6242 1 1.00000 16465 6242 6242 10223 WI 1 0 0 0 0.00000 1.00000 KRISTI THOMPSON 3462 N BROOKFIELD ROAD BROOKFIELD WI 53045 0 KRISTI THOMPSON 221 KRISTI THOMPSON IS RESPONSIBLE FOR RECORDKEEPING OF THE GAMING ACTIVITIES. X 0 1 NEED BASED FINANCIAL ASSISTANCE 153 1368708 MERIT SCHOLARSHIPS 109 582550 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 DOUGLAS RICCI HEAD OF SCHOOL 187967 0 0 0 0 0 9398 0 10765 0 208130 0 0 0 LAWRENCE PESCH EXEC. DIR OF ADVANCEMENT AND ADMISSI 163567 0 0 0 0 0 8178 0 10765 0 182510 0 0 0 X 2 2090 FMV X 25000 FMV X 6390 FMV X 11 7142 FMV X TICKETS/EXPERIENCES 78 79164 FMV X DENTAL/ESTHETIC WORK 4 9165 FMV X GIFT BASKETS 26 8647 FMV X MISC HOUSEHOLD ITEMS DONATED FOR AUCTION 10 4123 FMV X SCHOOL REWARDS/SCHOOL PARKING SPOTS 16 27 FMV 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE TOTAL NUMBER OF CONTRIBUTORS FOR EACH ITEM CONTRIBUTED. 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. IF A CONFLICT EXISTS, THE BOARD MEMBER MUST NOT BE PRESENT DURING THE DELIBERATIONS OR VOTE ON SUCH MATTER. 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 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.