Civic Intelligence

Academy of Excellence

990 • Fiscal year 2017 • EIN 26-4247873

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 30, 2017

Organization ProfileACADEMYOFEXCELLENCE.NET
633 S 12th StMilwaukee, WI 53204

(414) 369-2193

Siviq Scores

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

Liabilities / Assets

95th percentile

1.22x

Higher debt load relative to assets than 95% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

49th percentile

0.16x

Higher debt load relative to revenue than 49% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

47th percentile

2.1%

Higher net margin than 47% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$89,750

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

3rd percentile

-26%

Faster asset growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

65th percentile

12%

Faster revenue growth than 65% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$872,102

Down $306,931 (-26%) from 2016

Net Assets

Up

-$193,631

Up $135,019 (+41%) from 2016

Liabilities

Down

$1,065,733

Down $441,950 (-29%) from 2016

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin47th percentile

Revenue

Up

$6,487,472

Up $678,654 (+12%) from 2016

Expenses

Up

$6,352,453

Up $584,030 (+10%) from 2016

Net Income

Up

$135,019

Up $94,624 (+234%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$10M$5.0M$0-$5.0MAssets 2013: $81,388Liabilities 2013: $119,445Net Assets 2013: -$38,0572013Assets 2014: $116,677Liabilities 2014: $487,631Net Assets 2014: -$370,9542014Assets 2015: $971,136Liabilities 2015: $1,087,862Net Assets 2015: -$116,7262015Assets 2016: $1,179,033Liabilities 2016: $1,507,683Net Assets 2016: -$328,6502016Assets 2017: $872,102Liabilities 2017: $1,065,733Net Assets 2017: -$193,6312017Assets 2018: $1,057,280Liabilities 2018: $1,630,540Net Assets 2018: -$573,2602018Assets 2019: $1,508,148Liabilities 2019: $1,870,719Net Assets 2019: -$362,5712019Assets 2020: $1,904,620Liabilities 2020: $2,072,245Net Assets 2020: -$167,6252020Assets 2021: $6,806,704Liabilities 2021: $5,336,622Net Assets 2021: $1,470,0822021Assets 2022: $6,388,105Liabilities 2022: $5,546,487Net Assets 2022: $841,6182022Assets 2023: $8,917,002Liabilities 2023: $4,813,586Net Assets 2023: $4,103,4162023Assets 2024: $9,917,286Liabilities 2024: $4,772,016Net Assets 2024: $5,145,2702024

Highlighted filing

2017

Assets$872,102
Liabilities$1,065,733
Net Assets-$193,631
Open 2017 Filing

Operations Trend

Revenue Growth65th percentile

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

$30M$20M$10M$0-$10MExpenses 2013: $1,284,0022013Revenue 2014: $4,116,011Expenses 2014: $4,421,803Net Income 2014: -$305,7922014Revenue 2015: $4,996,893Expenses 2015: $4,760,381Net Income 2015: $236,5122015Revenue 2016: $5,808,818Expenses 2016: $5,768,423Net Income 2016: $40,3952016Revenue 2017: $6,487,472Expenses 2017: $6,352,453Net Income 2017: $135,0192017Revenue 2018: $6,727,451Expenses 2018: $7,107,080Net Income 2018: -$379,6292018Revenue 2019: $7,416,751Expenses 2019: $7,206,062Net Income 2019: $210,6892019Revenue 2020: $7,590,451Expenses 2020: $7,395,505Net Income 2020: $194,9462020Revenue 2021: $9,684,188Expenses 2021: $8,046,481Net Income 2021: $1,637,7072021Revenue 2022: $11,653,008Expenses 2022: $12,088,424Net Income 2022: -$435,4162022Revenue 2023: $17,860,404Expenses 2023: $16,687,288Net Income 2023: $1,173,1162023Revenue 2024: $28,336,334Expenses 2024: $27,294,480Net Income 2024: $1,041,8542024

Highlighted filing

2017

Revenue$6,487,472
Expenses$6,352,453
Net Income$135,019
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 30, 2017
Return Version
2016v3.0
Gross Receipts
$6,487,472
Mission and Program Overview

Mission

The mission of the academy of excellence is to prepare students to be academically and spiritually equipped to lead and enrich their families, communities, and the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$422,593$573,769▲ $151,176
Cash and Non-Interest-Bearing Accounts$676,192$187,989▼ $488,203
Prepaid Expenses and Deferred Charges$34,680$66,873▲ $32,193
Accounts Receivable$3,945$5,935▲ $1,990
Total Assets$1,179,033$872,102▼ $306,931
Other Assets Total$41,623$37,536▼ $4,087
Liabilities
Other Liabilities$1,086,975$805,707▼ $281,268
Accounts Payable and Accrued Expenses$420,708$260,026▼ $160,682
Total Liabilities$1,507,683$1,065,733▼ $441,950
Net Assets / Fund Balance
Unrestricted Net Assets$-328,650$-193,631▲ $135,019
Total Net Assets Fund Balance$-328,650$-193,631▲ $135,019
Total Liabilities and Net Assets / Fund Balance$1,179,033$872,102▼ $306,931

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$255,423$93,117$348,540
Other Land Buildings$220,436$100,171$320,607
Equipment$97,910$57,573$155,483
Compensation and Service Providers
Top Officer Pay35th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Randall R MelchertPresidentFT$89,750$89,750
Lori MelchertSecretary/trPT$66,667$66,667

Board Members and Trustees

NameTitle
Dawn AkamBoard Member
Lois MclarioVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$7,142
Program Service Revenue
$6,478,798
Investment Income
$1,267
Other Revenue
$265
All Other Contributions
$7,142
Change in Net Assets
$135,019

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,487,472
Total Revenue per Audited Statements
$6,487,472
Total Revenue per Form 990
$6,487,472
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,569,709
Other Expenses$2,782,744
Total Fundraising Expense$9,694
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,866,480$394,621-$3,261,101
Occupancy$888,639$27,483-$916,122
Payroll Taxes$270,362$36,868-$307,230
All Other Expenses$123,065$24,517$4,385$151,967
Depreciation Depletion$104,855$3,243-$108,098
Office Expenses$91,672$2,836-$94,508
Fees for Services Other$89,000$2,752-$91,752
Fees for Services Accounting-$73,274-$73,274
Insurance$39,044$2,990-$42,034
Other Expenses$39,045--$39,045
Fees for Services Management$17,333$7,186-$24,519
Travel-$21,366-$21,366
Interest-$5,324-$5,324
Advertising--$5,309$5,309
Other Employee Benefits$1,213$165-$1,378
Fees for Services Legal-$374-$374
Total Functional Expenses$5,739,760$602,999$9,694$6,352,453

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,352,453
Total Expenses per Audited Statements$6,352,453
Total Expenses per Form 990$6,352,453
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
Accrued Wages$450,583
Payable-lm$131,723
Payable-gm$97,493
Payroll Liabilities$56,024
Accrued Fica$34,435
Payable-rm$18,615
Payable Dpi$14,646
US Bank 2313$2,188
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Randall r melchert lori melchert president secretary family relationship randall r melchert lois mclario president vice preside family relationship randall r melchert dawn akam president board member family relationship”

Form 990, Page 6, Part VI, Line 11B

“The form 990 is reviewed and approved at the organization's board meeting”

Form 990, Page 6, Part VI, Line 19

“All pertinent documents are available upon request”

Filing and Contact Details

Filer

Filer Name
Academy of Excellence
EIN
26-4247873
Address
633 S 12TH ST, MILWAUKEE, WI 53204

Signing Officer

Name
Randall R Melchert
Title
President
Phone
4143692193
Signed
2017-11-30

Organization Details

Principal Officer
Randall R Melchert
Formed
2009
Legal Domicile
Wi
Voting Board Members
4
Independent Board Members
4
Employees
151
Volunteers
10

Preparer

Firm
Broesch & Co Sc
Address
1733 MANHATTAN DR, WAUKESHA, WI 53186
Preparer
Paul M Broesch Ea
Phone
2625420852
Raw XML Appendix384 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0420708
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0260026
IRS990/AccountsReceivableGrp/BOYAmt03945
IRS990/AccountsReceivableGrp/EOYAmt05935
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MISSION OF THE ACADEMY OF EXCELLENCE IS TO PREPARE STUDENTS TO BE ACADEMICALLY AND SPIRITUALLY EQUIPPED TO LEAD AND ENRICH THEIR FAMILIES, COMMUNITIES, AND THE WORLD.
IRS990/AdvertisingGrp/FundraisingAmt05309
IRS990/AdvertisingGrp/TotalAmt05309
IRS990/AllOtherContributionsAmt07142
IRS990/AllOtherExpensesGrp/FundraisingAmt04385
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt024517
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0123065
IRS990/AllOtherExpensesGrp/TotalAmt0151967
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0RANDY MELCHERT
IRS990/BooksInCareOfDetail/PhoneNum04143692193
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0633 S 12TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0MILWAUKEE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd053204
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0676192
IRS990/CashNonInterestBearingGrp/EOYAmt0187989
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt07142
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01267
IRS990/CYOtherExpensesAmt02782744
IRS990/CYOtherRevenueAmt0265
IRS990/CYProgramServiceRevenueAmt06478798
IRS990/CYRevenuesLessExpensesAmt0135019
IRS990/CYSalariesCompEmpBnftPaidAmt03569709
IRS990/CYTotalExpensesAmt06352453
IRS990/CYTotalFundraisingExpenseAmt09694
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06487472
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt03243
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0104855
IRS990/DepreciationDepletionGrp/TotalAmt0108098
IRS990/Desc0TO PREPARE STUDENTS TO BE ACADEMICALLY AND SPIRITUALLY EQUIPPED TO LEAD AND ENRICH THEIR FAMILIES, COMMUNITIES, AND THE WORLD.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0151
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt05739760
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt073274
IRS990/FeesForServicesAccountingGrp/TotalAmt073274
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0374
IRS990/FeesForServicesLegalGrp/TotalAmt0374
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt07186
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt017333
IRS990/FeesForServicesManagementGrp/TotalAmt024519
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02752
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt089000
IRS990/FeesForServicesOtherGrp/TotalAmt091752
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0RANDALL R MELCHERT
IRS990/Form990PartVIISectionAGrp/PersonNm1LORI MELCHERT
IRS990/Form990PartVIISectionAGrp/PersonNm2LOIS MCLARIO
IRS990/Form990PartVIISectionAGrp/PersonNm3DAWN AKAM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt089750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt166667
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt06487472
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02990
IRS990/InsuranceGrp/ProgramServicesAmt039044
IRS990/InsuranceGrp/TotalAmt042034
IRS990/InterestGrp/ManagementAndGeneralAmt05324
IRS990/InterestGrp/TotalAmt05324
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01267
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01267
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0250861
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0422593
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0573769
IRS990/LandBldgEquipCostOrOtherBssAmt0824630
IRS990/LegalDomicileStateCd0WI
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF THE ACADEMY OF EXCELLENCE IS TO PREPARE STUDENTS TO BE ACADEMICALLY AND SPIRITUALLY EQUIPPED TO LEAD AND ENRICH THEIR FAMILIES, COMMUNITIES, AND THE WORLD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-328650
IRS990/NetAssetsOrFundBalancesEOYAmt0-193631
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt027483
IRS990/OccupancyGrp/ProgramServicesAmt0888639
IRS990/OccupancyGrp/TotalAmt0916122
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02836
IRS990/OfficeExpensesGrp/ProgramServicesAmt091672
IRS990/OfficeExpensesGrp/TotalAmt094508
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt041623
IRS990/OtherAssetsTotalGrp/EOYAmt037536
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0165
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01213
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01378
IRS990/OtherExpensesGrp/Desc0TRANS-TO/FROM
IRS990/OtherExpensesGrp/Desc1FOOD SERVICES
IRS990/OtherExpensesGrp/Desc2ATHLETIC EXPENSE
IRS990/OtherExpensesGrp/Desc3CLASSROOM SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt0626909
IRS990/OtherExpensesGrp/ProgramServicesAmt1532368
IRS990/OtherExpensesGrp/ProgramServicesAmt249775
IRS990/OtherExpensesGrp/ProgramServicesAmt339045
IRS990/OtherExpensesGrp/TotalAmt0626909
IRS990/OtherExpensesGrp/TotalAmt1532368
IRS990/OtherExpensesGrp/TotalAmt249775
IRS990/OtherExpensesGrp/TotalAmt339045
IRS990/OtherLiabilitiesGrp/BOYAmt01086975
IRS990/OtherLiabilitiesGrp/EOYAmt0805707
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0265
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0265
IRS990/OtherRevenueTotalAmt0265
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0394621
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02866480
IRS990/OtherSalariesAndWagesGrp/TotalAmt03261101
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt036868
IRS990/PayrollTaxesGrp/ProgramServicesAmt0270362
IRS990/PayrollTaxesGrp/TotalAmt0307230
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034680
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt066873
IRS990/PrincipalOfficerNm0RANDALL R MELCHERT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CHOICE STATE AID TUITION
IRS990/ProgramServiceRevenueGrp/Desc1FED & WI NUTRITION ASSISTANCE
IRS990/ProgramServiceRevenueGrp/Desc2MPS TRANSPORTATION REIMB
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05805297
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1602603
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt270898
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05805297
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1602603
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt270898
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012431
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01259
IRS990/PYOtherExpensesAmt02827722
IRS990/PYOtherRevenueAmt03575
IRS990/PYProgramServiceRevenueAmt05791553
IRS990/PYRevenuesLessExpensesAmt040395
IRS990/PYSalariesCompEmpBnftPaidAmt02940701
IRS990/PYTotalExpensesAmt05768423
IRS990/PYTotalRevenueAmt05808818
IRS990/ReconcilationRevenueExpnssAmt0135019
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt06478798
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt097910
IRS990ScheduleD/EquipmentGrp/DepreciationAmt057573
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0155483
IRS990ScheduleD/ExpensesSubtotalAmt06352453
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0255423
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt093117
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0348540
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0220436
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0100171
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0320607
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0450583
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1131723
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt297493
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt356024
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt434435
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt518615
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt614646
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt72188
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED WAGES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYABLE-LM
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYABLE-GM
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4ACCRUED FICA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5PAYABLE-RM
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6PAYABLE DPI
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7US BANK 2313
IRS990ScheduleD/RevenueSubtotalAmt06487472
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0573769
IRS990ScheduleD/TotalExpensesPerForm990Amt06352453
IRS990ScheduleD/TotalLiabilityAmt0805707
IRS990ScheduleD/TotalRevenuePerForm990Amt06487472
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06487472
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06352453
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PER SUBSECTION(2)(C) OF FORM 5578,ANNUAL CERTIFICATION OF RACIAL NONDISCRIMINATION FOR A PRIVATE SCHOOL EXEMPT FROM FEDERAL INCOME TAX, THE SCHOOL CURRENTLY ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECIEVES FUNDS FROM THE WISCONSIN DEPARTMENT OF PUBLIC INSTRUCTION VIA THE SCHOOL CHOICE PROGRAM.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RANDALL R MELCHERT LORI MELCHERT PRESIDENT SECRETARY FAMILY RELATIONSHIP RANDALL R MELCHERT LOIS MCLARIO PRESIDENT VICE PRESIDE FAMILY RELATIONSHIP RANDALL R MELCHERT DAWN AKAM PRESIDENT BOARD MEMBER FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED AND APPROVED AT THE ORGANIZATION'S BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL PERTINENT DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01179033
IRS990/TotalAssetsEOYAmt0872102
IRS990/TotalAssetsGrp/BOYAmt01179033
IRS990/TotalAssetsGrp/EOYAmt0872102
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt07142
IRS990/TotalEmployeeCnt0151
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09694
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0602999
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05739760
IRS990/TotalFunctionalExpensesGrp/TotalAmt06352453
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01507683
IRS990/TotalLiabilitiesEOYAmt01065733
IRS990/TotalLiabilitiesGrp/BOYAmt01507683
IRS990/TotalLiabilitiesGrp/EOYAmt01065733
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-328650
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-193631
IRS990/TotalProgramServiceExpensesAmt05739760
IRS990/TotalProgramServiceRevenueAmt06478798
IRS990/TotalReportableCompFromOrgAmt0156417
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06480330
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06487472
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01179033
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0872102
IRS990/TravelGrp/ManagementAndGeneralAmt021366
IRS990/TravelGrp/TotalAmt021366
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-328650
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-193631
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04020 NORTH 128TH STREET
IRS990/USAddress/CityNm0BROOKFIELD
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053005
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0ACADEMYOFEXCELLENCE.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RANDALL R MELCHERT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04143692193
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ACADEMY OF EXCELLENCE
ReturnHeader/Filer/BusinessNameControlTxt0ACAD
ReturnHeader/Filer/EIN0264247873
ReturnHeader/Filer/USAddress/AddressLine1Txt0633 S 12TH ST
ReturnHeader/Filer/USAddress/CityNm0MILWAUKEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053204
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId049283837B37942066943BA247939D5F5DAFBD41A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E01B9EDF8B058F245A186C0152D97E674DF244EA
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391715727
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BROESCH & CO SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01733 MANHATTAN DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAUKESHA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053186
ReturnHeader/PreparerPersonGrp/PhoneNum02625420852
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL M BROESCH EA
ReturnHeader/ReturnTs02017-11-30T11:22:54-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$872,102
Liabilities
$1,065,733
Net assets
-$193,631
Revenue
$6,487,472
Expenses
$6,352,453
Net income
$135,019
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.92$4.77$5.15$28.3$27.3$1.04
2023Detailed filing. Detailed filing data is available for this year.$8.92$4.81$4.10$17.9$16.7$1.17
2022Detailed filing. Detailed filing data is available for this year.$6.39$5.55$0.84$11.7$12.1$0.44
2021Detailed filing. Detailed filing data is available for this year.$6.81$5.34$1.47$9.68$8.05$1.64
2020Detailed filing. Detailed filing data is available for this year.$1.90$2.07$0.17$7.59$7.40$0.19
2019Detailed filing. Detailed filing data is available for this year.$1.51$1.87$0.36$7.42$7.21$0.21
2018Detailed filing. Detailed filing data is available for this year.$1.06$1.63$0.57$6.73$7.11$0.38
2017Detailed filing. Detailed filing data is available for this year.$0.87$1.07$0.19$6.49$6.35$0.14
2016Detailed filing. Detailed filing data is available for this year.$1.18$1.51$0.33$5.81$5.77$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.97$1.09$0.12$5.00$4.76$0.24
2014Detailed filing. Detailed filing data is available for this year.$0.12$0.49$0.37$4.12$4.42$0.31
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.12$0.04$1.28