Civic Intelligence

Educational Enterprises Inc

990 • Fiscal year 2015 • EIN 20-5033694

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 15, 2016

20935 W Swenson Dr Suite 101Waukesha, WI 53186

(262) 542-9546

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.76x

Higher debt load relative to assets than 85% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

92nd percentile

3.53x

Higher debt load relative to revenue than 92% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

68th percentile

11%

Higher net margin than 68% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

38th percentile

$203,070

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

94th percentile

39%

Faster asset growth than 94% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

37th percentile

0.3%

Faster revenue growth than 37% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Up

$42,928,327

Up $12,083,362 (+39%) from 2014

Net Assets

Up

$10,099,309

Up $1,055,684 (+12%) from 2014

Liabilities

Up

$32,829,018

Up $11,027,678 (+51%) from 2014

Revenue

Up

$9,292,696

Up $31,603 (+0.3%) from 2014

Expenses

Up

$8,252,657

Up $2,846,625 (+53%) from 2014

Net Income

Down

$1,040,039

Down $2,815,022 (-73%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $12,980,928Liabilities 2011: $11,107,535Net Assets 2011: $1,873,3932011Assets 2012: $8,183,063Liabilities 2012: $5,077,173Net Assets 2012: $3,105,8902012Assets 2013: $11,627,814Liabilities 2013: $6,439,250Net Assets 2013: $5,188,5642013Assets 2014: $30,844,965Liabilities 2014: $21,801,340Net Assets 2014: $9,043,6252014Assets 2015: $42,928,327Liabilities 2015: $32,829,018Net Assets 2015: $10,099,3092015Assets 2016: $41,805,480Liabilities 2016: $30,431,967Net Assets 2016: $11,373,5132016Assets 2017: $12,799,414Liabilities 2017: $3,764,409Net Assets 2017: $9,035,0052017Assets 2018: $9,928,789Liabilities 2018: $171,053Net Assets 2018: $9,757,7362018Assets 2019: $10,944,797Liabilities 2019: $724,663Net Assets 2019: $10,220,1342019Assets 2020: $17,839,598Liabilities 2020: $4,655,624Net Assets 2020: $13,183,9742020Assets 2021: $15,604,401Liabilities 2021: $361,759Net Assets 2021: $15,242,6422021Assets 2022: $15,383,446Liabilities 2022: $558,956Net Assets 2022: $14,824,4902022Assets 2023: $20,198,472Liabilities 2023: $4,738,725Net Assets 2023: $15,459,7472023Assets 2024: $16,390,625Liabilities 2024: $476,057Net Assets 2024: $15,914,5682024

Highlighted filing

2015

Assets$42,928,327
Liabilities$32,829,018
Net Assets$10,099,309

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $4,426,4352011Revenue 2012: $4,071,171Expenses 2012: $2,758,944Net Income 2012: $1,312,2272012Expenses 2013: $4,734,4852013Revenue 2014: $9,261,093Expenses 2014: $5,406,032Net Income 2014: $3,855,0612014Revenue 2015: $9,292,696Expenses 2015: $8,252,657Net Income 2015: $1,040,0392015Revenue 2016: $11,522,890Expenses 2016: $10,398,476Net Income 2016: $1,124,4142016Revenue 2017: $5,679,285Expenses 2017: $7,154,868Net Income 2017: -$1,475,5832017Revenue 2018: $7,952,591Expenses 2018: $7,768,783Net Income 2018: $183,8082018Revenue 2019: $9,897,276Expenses 2019: $9,624,131Net Income 2019: $273,1452019Revenue 2020: $11,796,093Expenses 2020: $8,832,253Net Income 2020: $2,963,8402020Revenue 2021: $16,173,980Expenses 2021: $14,115,312Net Income 2021: $2,058,6682021Revenue 2022: $14,397,416Expenses 2022: $14,815,565Net Income 2022: -$418,1492022Revenue 2023: $11,902,227Expenses 2023: $11,266,970Net Income 2023: $635,2572023Revenue 2024: $12,914,722Expenses 2024: $12,494,086Net Income 2024: $420,6362024

Highlighted filing

2015

Revenue$9,292,696
Expenses$8,252,657
Net Income$1,040,039
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 15, 2016
Return Version
2014v6.0
Gross Receipts
$9,487,992
Mission and Program Overview

Mission

The corporation is a nonprofit organization relentlessly focused on providing world-class learning opportunities that are accessible and affordable to all children. The corporation inpsires, equips and supports serving leaders to leave a positive imprint on our world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,899,533$31,298,354▲ $10,398,821
Other Notes and Loans Receivable, Net$2,185,101$4,189,285▲ $2,004,184
Pledges and Grants Receivable$5,153,152$4,033,467▼ $1,119,685
Cash and Non-Interest-Bearing Accounts$1,830,516$3,041,885▲ $1,211,369
Accounts Receivable$99,558$168,606▲ $69,048
Prepaid Expenses and Deferred Charges$393,251$72,132▼ $321,119
Total Assets$30,844,965$42,928,327▲ $12,083,362
Other Assets Total$283,854$124,598▼ $159,256
Liabilities
Mortgage Notes Payable Secured by Investment Property$19,340,066$30,317,867▲ $10,977,801
Accounts Payable and Accrued Expenses$1,711,309$1,878,258▲ $166,949
Other Liabilities$738,717$611,731▼ $126,986
Deferred Revenue$11,248$21,162▲ $9,914
Total Liabilities$21,801,340$32,829,018▲ $11,027,678
Net Assets / Fund Balance
Unrestricted Net Assets$3,401,070$5,408,401▲ $2,007,331
Temporarily Rstr Net Assets$5,642,555$4,690,908▼ $951,647
Total Net Assets Fund Balance$9,043,625$10,099,309▲ $1,055,684
Total Liabilities and Net Assets / Fund Balance$30,844,965$42,928,327▲ $12,083,362

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$28,249,562$1,036,246$29,285,808
Land$2,639,302-$2,639,302
Equipment$302,062$219,544$521,606
Leasehold Improvements$78,808$38,510$117,318
Other Land Buildings$28,620$81,745$110,365
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew NeumannCEO/presidentFT$179,177$23,893$203,070
Glenn KieckhaeferChief Financial OfficerFT$145,639$23,358$168,997
Duncan MccrannChief Administrative OfficerFT$140,373$19,027$159,400
Matt HoehnerExecutive Director - St. LouisFT$107,586$6,442$114,028

Board Members and Trustees

NameTitle
James RahnCo-chair, Secretary
James DankenbringDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
12five Capital LLC Co Caspian MidwestTechnology ServicesDEPT 4910, Carol Stream, IL 60122$223,331
Steven Perry Smith Architects INCArchitect Fees215 N WATER STREET STE 250, Milwaukee, WI 53202$212,216
Legacy Midwest Nacc Ii LLCRent10200 INNOVATION, Milwaukee, WI 53226$173,137
Pls Construction LLCConstruction2537 W BELMONT AVE, Phoenix, AZ 85051$152,491
Sun Eagle CorporationConstruction461 NORTH DEAN AVENUE, Chandler, AZ 85226-2745$132,581
Revenue and Support

Revenue Composition

Contributions and Grants
$3,329,027
Program Service Revenue
$5,750,507
Investment Income
$216
Other Revenue
$212,946
All Other Contributions
$3,296,415
Change in Net Assets
$1,040,039

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,292,696
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$652,817
Total Revenue per Audited Statements
$9,945,513
Total Revenue per Form 990
$9,292,696
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,030,786
Salaries, Compensation, and Employee Benefits$3,221,871
Total Fundraising Expense$210,497
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,586,707$239,381$50,859$1,876,947
Occupancy$1,148,444$2,062$687$1,151,193
Interest-$1,112,667-$1,112,667
Fees for Services Other$635,675$113,982$29,812$779,469
Depreciation Depletion$551,622$103,429$34,476$689,527
Current Officers, Directors, Trustees, and Key Employees$516,396$96,824$32,275$645,495
Other Employee Benefits$398,691$62,114$18,330$479,135
Information Technology$234,684$44,003$14,668$293,355
Travel$191,294$31,290$9,175$231,759
Payroll Taxes$147,736$23,457$5,624$176,817
Fees for Services Legal$7,688$91,646-$99,334
Office Expenses$61,667$9,928$3,165$74,760
Advertising$52,624$6,673$3,121$62,418
Fees for Services Accounting$49,600$9,850$2,550$62,000
Insurance$38,177$7,158$2,386$47,721
Pension Plan Contributions$36,166$6,101$1,210$43,477
Other Expenses$13,958$1,925$372$16,255
All Other Expenses$12,804$135$45$12,984
Conferences and Meetings$4,392$391$134$4,917
Total Functional Expenses$6,074,318$1,967,842$210,497$8,252,657

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,889,829
Expenses per Audited Statements$8,252,657
Total Expenses per Form 990$8,252,657
Expenses Not Reported on Form 990$637,172
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit Liability$611,731
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

The organization has amended and restated its bylaws.

Form 990, Part VI, Section B, Line 11

After the form 990 has been completed by management and our auditors, it is distributed for final review to board via email prior to submission.

Form 990, Part VI, Section B, Line 12C

The board will allow the presentation of those involved with the conflict of interest to plead their case. After this discussion, the individual presenting the conflict must leave the meeting during the decision and the vote on the transaction involving the coi. The board may appoint dis-interested parties to search for alternatives. If no advantageous results are found - the board may accept the coi. If the board identifies a conflict of interest that was not presented, it shall inform the member of such belief and afford the member the opportunity to explain the failure to disclose. The board shall take all disciplanary and corrective action to deal with the coi.

Form 990, Part VI, Section B, Line 15

The board discusses the compensation of the president of the organization. All interested persons are excused and the decision is made using an organizational ceo salary survey completed by a similar network of schools in fall 2008 to help aid in the compensation arrangement.

Form 990, Part VI, Section C, Line 19

This information will be provided upon request.

Filing and Contact Details

Filer

Filer Name
Educational Enterprises Inc
EIN
20-5033694
Phone
2625429546
Address
20935 W SWENSON DR SUITE 101, WAUKESHA, WI 53186

Signing Officer

Name
Glenn Kieckhaefer
Title
CFO
Phone
2625429546
Signed
2016-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Glenn Kieckhaefer
Formed
2006
Legal Domicile
Wi
Voting Board Members
3
Independent Board Members
2
Employees
52
Volunteers
3

Preparer

Firm
Reilly Penner & Benton Llp
Address
1233 NORTH MAYFAIR ROAD SUITE 302, MILWAUKEE, WI 53226-3255
Preparer
David a Grotkin
Phone
4142717800
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Intercompany expense allocation 14,490.

FORM 990, PART XII, LINE 2C:

The board of directors has assumed responsibility for the selection of auditors and the oversight of the annual audit. This process has not changed since the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization's financial statements do not report a liability for uncertain tax positions under fin 48.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Hra deductible charged to self 65,550. Development fee charged to self 320,815. Payroll charged to self 70,000. Rental expense 195,297.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Hra deductible charged to self 65,550. Development fee charged to self 320,815. Payroll charged to self 70,000. Rental expense 195,297. Intercompany expenses used for ubit calculation -14,490.

Raw XML AppendixShowing 400 of 931 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE CORPORATION IS A NONPROFIT ORGANIZATION RELENTLESSLY FOCUSED ON PROVIDING WORLD-CLASS LEARNING OPPORTUNITIES THAT ARE ACCESSIBLE AND AFFORDABLE TO ALL CHILDREN. THE CORPORATION INPSIRES, EQUIPS AND SUPPORTS SERVING LEADERS TO LEAVE A POSITIVE IMPRINT ON OUR WORLD.
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IRS990/Desc0EDUCATIONAL ENTERPRISES, INC. IS A NONPROFIT CORPORATION WHOSE PRIMARY PURPOSE IS TO PROVIDE EDUCATIONAL SERVICES TO CHILDREN. SUCH SERVICES WILL BE PROVIDED ON A NON-DISCRIMINATORY BASIS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHIEF ADMINISTRATIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DIRECTOR - ST. LOUIS
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/ProgramServicesAmt225993
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt04189285
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt05624
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt023457
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IRS990/PayrollTaxesGrp/TotalAmt0176817
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06101
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt036166
IRS990/PensionPlanContributionsGrp/TotalAmt043477
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt04033467
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0393251
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt072132
IRS990/PrincipalOfficerNm0GLENN KIECKHAEFER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1541610
IRS990/ProgramServiceRevenueGrp/BusinessCd2525100
IRS990/ProgramServiceRevenueGrp/Desc0RENT FROM RELATED 501C
IRS990/ProgramServiceRevenueGrp/Desc1EEI MANAGEMENT FEE
IRS990/ProgramServiceRevenueGrp/Desc2HRA REVENUE
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12191129
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12191129
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2418919
IRS990/ProgSrvcAccomActy2Grp/Desc0EEI CHARACTER FORMATION PROJECT, LLC DESIGNS AND IMPLEMENTS A VARIETY OF CHARACTER PROGRAMS AND PRODUCES CHARACTER CURRICULUM, LEARNING MATERIALS AND TRAINING PROGRAMS FOR EDUCATIONAL PURPOSES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0765072
IRS990/ProgSrvcAccomActy3Grp/Desc0EEI REAL ESTATE HOLDINGS: ST. JOHN'S PROPERTY, LLC IS ENGAGED IN THE OWNING, LEASING, DEVELOPING, AND MANAGING OF REAL ESTATE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0296453
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0285470
IRS990/ProgSrvcAccomActyOtherGrp/Desc0VARIOUS OTHER DISREGARDED ENTITIES WHOLLY OWNED BY EDUCATIONAL ENTERPRISES, INC.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01462163
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt02859367
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05608309
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt021272
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt03184694
IRS990/PYOtherRevenueAmt014951
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09261093
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
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IRS990/RegularMonitoringEnfrcInd01
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IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt058994
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IRS990/ReportLandBuildingEquipmentInd01
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IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02610048
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0981967
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05763
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IRS990ScheduleD/ExpensesNotReportedAmt0637172

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.4$0.48$15.9$12.9$12.5$0.42
2023Summary only. Only limited summary data is available for this year.$20.2$4.74$15.5$11.9$11.3$0.64
2022Summary only. Only limited summary data is available for this year.$15.4$0.56$14.8$14.4$14.8$0.42
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$0.36$15.2$16.2$14.1$2.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.8$4.66$13.2$11.8$8.83$2.96
2019Detailed filing. Detailed filing data is available for this year.$10.9$0.72$10.2$9.90$9.62$0.27
2018Detailed filing. Detailed filing data is available for this year.$9.93$0.17$9.76$7.95$7.77$0.18
2017Summary only. Only limited summary data is available for this year.$12.8$3.76$9.04$5.68$7.15$1.48
2016Detailed filing. Detailed filing data is available for this year.$41.8$30.4$11.4$11.5$10.4$1.12
2015Detailed filing. Detailed filing data is available for this year.$42.9$32.8$10.1$9.29$8.25$1.04
2014Detailed filing. Detailed filing data is available for this year.$30.8$21.8$9.04$9.26$5.41$3.86
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.6$6.44$5.19$4.73
2012Summary only. Only limited summary data is available for this year.$8.18$5.08$3.11$4.07$2.76$1.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.0$11.1$1.87$4.43
Peer Organizations

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