SHARP LITERACY INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: SHARP LITERACY INC (EIN 39-1963963)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2012-12-17
IRS object ID: 201203529349300915
Schema version: 2011v1.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-12-17T15:19:05-06:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	390747409	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	REILLY PENNER & BENTON LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1233 NORTH MAYFAIR RD SUITE 302	AddressLine1
City	MILWAUKEE	City
State	WI	State
ZIP Code	532263255	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	391963963	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	SHARP LITERACY INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	SHAR	NameControl
Phone	4149771768	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5775 N GLEN PARK ROAD NO 202	AddressLine1
City	MILWAUKEE	City
State	WI	State
ZIP Code	53209	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	LYNDA KOHLER	Name
Title	EXECUTIVE DIRECTOR	Title
Phone	4149771768	Phone
Date Signed	2012-12-14	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	PATRICK G HOFFERT	Name
PTIN	P00979243	PTIN
Phone	4142717800	Phone
Date Prepared	2012-12-14	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	X	AddressChange
Name Of Principal Officer Person	LYNDA KOHLER	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	5775 N GLEN PARK ROAD NO 202	AddressLine1
City	MILWAUKEE	City
State	WI	State
ZIP Code	53209	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	1104500	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.SHARPLITERACY.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1999	YearFormation
State Legal Domicile	WI	StateLegalDomicile
Activity Or Mission Description	TO ASSIST WITH LITERACY EDUCATION IN MILWAUKEE AREA PUBLIC AND PRIVATE ELEMENTARY SCHOOLS	ActivityOrMissionDescription
Nbr Voting Members Governing Body	18	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	18	NbrIndependentVotingMembers
Total Nbr Employees	7	TotalNbrEmployees
Total Nbr Volunteers	200	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	791510	ContributionsGrantsPriorYear
Contributions Grants Current Year	918835	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	0	ProgramServiceRevenuePriorYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	23785	InvestmentIncomePriorYear
Investment Income Current Year	36949	InvestmentIncomeCurrentYear
Other Revenue Prior Year	-7361	OtherRevenuePriorYear
Other Revenue Current Year	-28186	OtherRevenueCurrentYear
Total Revenue Prior Year	807934	TotalRevenuePriorYear
Total Revenue Current Year	927598	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	396002	SalariesEtcPriorYear
Salaries Etc Current Year	442840	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	61606	TotalFundrsngExpCurrentYear
Other Expense Prior Year	363355	OtherExpensePriorYear
Other Expenses Current Year	322590	OtherExpensesCurrentYear
Total Expenses Prior Year	759357	TotalExpensesPriorYear
Total Expenses Current Year	765430	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	48577	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	162168	RevenuesLessExpensesCY
Total Assets BOY	2153413	TotalAssetsBOY
Total Assets EOY	2256285	TotalAssetsEOY
Total Liabilities BOY	124499	TotalLiabilitiesBOY
Total Liabilities EOY	115162	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	2028914	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	2141123	NetAssetsOrFundBalancesEOY
Mission Description	SHARP LITERACY ENERGIZES URBAN SCHOOL CHILDREN TO BECOME CONFIDENT, CAPABLE READERS, WRITERS AND RESEARCHERS, USING THE VISUAL ARTS TO ENGAGE YOUNG MINDS AND REINFORCE LEARNING.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	649115	Expense
Description	IN THE 2011-12 ACADEMIC YEAR, APPROXIMATELY 5,200 FIRST THROUGH FIFTH GRADE STUDENTS AND 230 TEACHERS FROM 32 INNER-CITY MILWAUKEE SCHOOLS PARTICIPATED IN THE YEAR-ROUND SHARP LITERACY PROGRAM.	Description
Total Program Service Expense	649115	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	1	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	0	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	1	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	0	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	15	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	7	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	1	QuidProQuoContributions
Quid Pro Quo Disclosure	1	QuidProQuoDisclosure
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	18	NbrVotingGoverningBodyMembers
Number Independent Voting Members	18	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	0	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	0	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
States Where Copy Of Return Is Filed	WI	StatesWhereCopyOfReturnIsFiled
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	LYNDA KOHLER	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	4149771768	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	5775 N GLEN PARK ROAD SUITE 202	AddressLine1
City	MILWAUKEE	City
State	WI	State
ZIP Code	53209	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (19 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
JOEL G NETTESHEIM
TREASURER	1.00	X	X	0	0	0
JOEL HUFFMAN
PRESIDENT	1.00	X	X	0	0	0
DANIEL MEYER
VICE PRESIDENT	1.00	X	X	0	0	0
ANDREA SCHLOEMER
SECRETARY	1.00	X	X	0	0	0
JASON W ALLEN
DIRECTOR	1.00	X		0	0	0
JOHN J AUGENSTEIN
DIRECTOR	1.00	X		0	0	0
LORI R BECHTHOLD
DIRECTOR	1.00	X		0	0	0
BARBARA BROWN LEE
DIRECTOR	1.00	X		0	0	0
DAVID DUGAN
DIRECTOR	1.00	X		0	0	0
STEVEN J BALISTRERI
DIRECTOR	1.00	X		0	0	0
DOUGLAS C ERLACHER
DIRECTOR	1.00	X		0	0	0
A BRIGID GLOBENSKY
DIRECTOR	1.00	X		0	0	0
HARRY G HOLZ
DIRECTOR	1.00	X		0	0	0
JAN LENNON
DIRECTOR	1.00	X		0	0	0
ERIKA LUCKOW
DIRECTOR	1.00	X		0	0	0
P MICHAEL MAHONEY
DIRECTOR	1.00	X		0	0	0
MICHAEL P O'NEIL
DIRECTOR	1.00	X		0	0	0
MANUEL PEREZ
DIRECTOR	1.00	X		0	0	0
MARLENE DOERR
EXECUTIVE DIRECTOR	40.00		X	93000	0	14508

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	93000	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	14508	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	0	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
Fundraising Events	203393	FundraisingEvents
All Other Contributions	715442	AllOtherContributions
Total Contributions	918835	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	14918	TotalRevenueColumn
Exclusion	$14,918	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	136552	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	114521	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	22031	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	22031	TotalRevenueColumn
Exclusion	$22,031	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	24430	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	203393	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	62381	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-37951	TotalRevenueColumn
Exclusion	-$37,951	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	MISCELLANEOUS	Description
Business Code	900099	BusinessCode
Total Revenue Column	9765	TotalRevenueColumn
Exclusion	$9,765	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	9765	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	927598	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$8,763	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	107508	Total
Program Services	91382	ProgramServices
Management And General	10751	ManagementAndGeneral
Fundraising	5375	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	288177	Total
Program Services	217831	ProgramServices
Management And General	24263	ManagementAndGeneral
Fundraising	46083	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	20597	Total
Program Services	19130	ProgramServices
Management And General	260	ManagementAndGeneral
Fundraising	1207	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	26558	Total
Program Services	20147	ProgramServices
Management And General	2298	ManagementAndGeneral
Fundraising	4113	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	7000	Total
Program Services	7000	ProgramServices

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	65588	Total
Program Services	65588	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	19172	Total
Program Services	19172	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	128054	Total
Program Services	128054	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	219	Total
Program Services	219	ProgramServices

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	27263	Total
Program Services	27263	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	6497	Total
Program Services	6497	ProgramServices

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	8381	Total
Program Services	8381	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	3886	Total
Program Services	3886	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	5799	Total
Program Services	5799	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral	Program ServicesProgramServices	FundraisingFundraising
OTHER PURCHASED SERVICE	17137	17137
TOURS AND BUSES	11784		11784
RECOGNITION EVENTS	11658		11658
ANNUAL CAMPAIGN	4828			4828

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	5324	Total
Program Services	5324	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	765430	Total
Program Services	649115	ProgramServices
Management And General	54709	ManagementAndGeneral
Fundraising	61606	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	2990	BOY
EOY	5254	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	1421081	BOY
EOY	1449852	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	5000	BOY
EOY	109630	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	14537	BOY
EOY	6281	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	48379	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	35365	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	9439	BOY
EOY	13014	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	700366	BOY
EOY	672254	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	2153413	BOY
EOY	2256285	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	21199	BOY
EOY	6662	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	103300	BOY
EOY	108500	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	124499	BOY
EOY	115162	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1821752	BOY
EOY	1847766	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	76787	BOY
EOY	162982	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	130375	BOY
EOY	130375	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2028914	BOY
EOY	2141123	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2153413	BOY
EOY	2256285	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	162168	ReconcilationRevenueExpenses
Reconcilation Other Changes	-49959	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	0	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	929441	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	690837	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	694462	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	809010	CurrentTaxYearMinus1Year
Current Tax Year	943265	CurrentTaxYear
Total	4067015	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	929441	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	690837	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	694462	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	809010	CurrentTaxYearMinus1Year
Current Tax Year	943265	CurrentTaxYear
Total	4067015	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	535700	AmountsSubstContributorsTotal
Public Support Total170	3531315	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	45238	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	39916	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	26235	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	21417	CurrentTaxYearMinus1Year
Current Tax Year	14918	CurrentTaxYear
Total	147724	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	4452	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	3438	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	17	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	3289	CurrentTaxYearMinus1Year
Current Tax Year	9765	CurrentTaxYear
Total	20961	Total

Field	Value	IRS element (for citing)
Total Support	4235700	TotalSupport
Gross Receipts From Admissions Etc	30361	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.83370	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.84180	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	700366	BeginningOfYearBalance
Investment Earnings Or Losses	-16105	InvestmentEarningsOrLosses
Other Expenditures	5000	OtherExpenditures
Administrative Expenses	7007	AdministrativeExpenses
End Of Year Balance	672254	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	565799	BeginningOfYearBalance
Investment Earnings Or Losses	145988	InvestmentEarningsOrLosses
Other Expenditures	5000	OtherExpenditures
Administrative Expenses	6421	AdministrativeExpenses
End Of Year Balance	700366	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	505978	BeginningOfYearBalance
Investment Earnings Or Losses	70090	InvestmentEarningsOrLosses
Other Expenditures	5000	OtherExpenditures
Administrative Expenses	5269	AdministrativeExpenses
End Of Year Balance	565799	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	629305	BeginningOfYearBalance
Investment Earnings Or Losses	-119101	InvestmentEarningsOrLosses
Administrative Expenses	4226	AdministrativeExpenses
End Of Year Balance	505978	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.80970	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.19030	PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs	0	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	0	EndowmentsHeldByRelatedOrgs

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	48379	OtherCostOrOtherBasis
Depreciation	35365	Depreciation
Book Value	13014	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	13014	TotalOfBookValueLandBuildings
Total Revenue	927598	TotalRevenue
Total Expenses	765430	TotalExpenses
Excess Or Deficit For Year	162168	ExcessOrDeficitForYear
Net Unrealized GL On Investments	-49959	NetUnrealizedGLOnInvestments
Total Adjustments	-49959	TotalAdjustments
Excess Or Deficit Per FS	112209	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	940020	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	-49959	NetUnrealizedGainsInvestments
Revenue Not Rptd F990	-49959	RevenueNotRptdF990
Revenue Subtotal	989979	RevenueSubtotal
Other Revenues Not Included	-62381	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	-62381	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	927598	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	827811	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	62381	OtherExpensesIncluded
Expenses Not Rptd F990	62381	ExpensesNotRptdF990
Expenses Subtotal	765430	ExpensesSubtotal
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	765430	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:	PART V, LINE 4:	TO SUPPORT THE OPERATIONS, PURPOSES, AND ACTIVITIES OF SHARP LITERACY, INC.
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:	PART X:	THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED EXEMPT FUNCTION INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION. THE ORGANIZATION DOES NOT CONSIDER ANY OF ITS SUPPORT AND REVENUES TO BE UNRELATED BUSINESS INCOME AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL INFORMATIONAL RETURN EXAMINATIONS FOR YEARS ENDING BEFORE JUNE 30, 2009. THE ORGANIZATION IS NO LONGER SUBJECT TO WISCONSIN INCOME TAX EXAMINATIONS FOR YEARS ENDING BEFORE JUNE 30, 2008.
PART XII, LINE 4B - OTHER ADJUSTMENTS:		DIRECT EXPENSES OF FUNDRAISING EVENTS -62,381.
PART XIII, LINE 2D - OTHER ADJUSTMENTS:		DIRECT EXPENSES OF FUNDRAISING EVENTS 62,381.

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	NOVEL EVENT LUNCHEON	NameOfEvent1
Gross Receipts Event1	227823	GrossReceiptsEvent1
Charitable Contributions Event1	203393	CharitableContributionsEvent1
Gross Revenue Event1	24430	GrossRevenueEvent1
Rent Facility Costs Event1	24817	RentFacilityCostsEvent1
Other Direct Expenses Event1	37564	OtherDirectExpensesEvent1
Gross Receipts Total	227823	GrossReceiptsTotal
Charitable Contributions Total	203393	CharitableContributionsTotal
Gross Revenue Total Events	24430	GrossRevenueTotalEvents
Rent Facility Costs Total Events	24817	RentFacilityCostsTotalEvents
Other Direct Expenses Total Events	37564	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	62381	DirectExpenseSummaryEvents
Net Income Summary	-37951	NetIncomeSummary

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
FORM 990, PART VI, SECTION B, LINE 11	THE FORM 990 IS PRESENTED BY THE TREASURER AND REVIEWED BY THE FULL BOARD OF DIRECTORS AT THE ANNUAL MEETING; AFTER WHICH IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 15	COMPARABLE WAGE DATA IS OBTAINED FROM AN INDEPENDENT FIRM SPECIALIZING IN HUMAN RESOURCES
FORM 990, PART VI, SECTION C, LINE 19	DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST
FORM 990, PART XI, LINE 5:	NET UNREALIZED LOSSES ON INVESTMENTS: -49,959.	CHANGES IN NET ASSETS OR FUND BALANCES: