Civic Intelligence

Sheboygan Leadership Academy Inc.

990 • Fiscal year 2014 • EIN 32-0369297

Jul 01, 2013 to Jun 30, 2014 • Filed on May 13, 2015

1305 Saint Clair Ave53081

(920) 693-2234

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.03x

Higher debt load relative to assets than 32% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

19th percentile

0.01x

Higher debt load relative to revenue than 19% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

58th percentile

5.4%

Higher net margin than 58% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

49th percentile

$61,200

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

28th percentile

-2.8%

Faster asset growth than 28% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$256,386

Down $7,425 (-2.8%) from 2013

Net Assets

Up

$249,452

Up $54,730 (+28%) from 2013

Liabilities

Down

$6,934

Down $62,155 (-90%) from 2013

Revenue

$993,799

No earlier filing loaded for comparison.

Expenses

Up

$940,107

Up $291,467 (+45%) from 2013

Net Income

$53,692

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $263,811Liabilities 2013: $69,089Net Assets 2013: $194,7222013Assets 2014: $256,386Liabilities 2014: $6,934Net Assets 2014: $249,4522014Assets 2015: $429,955Liabilities 2015: $59,320Net Assets 2015: $370,6352015Assets 2016: $1,196,113Liabilities 2016: $605,671Net Assets 2016: $590,4422016Assets 2017: $1,316,675Liabilities 2017: $546,163Net Assets 2017: $770,5122017Assets 2018: $1,483,718Liabilities 2018: $379,832Net Assets 2018: $1,103,8862018Assets 2019: $1,671,175Liabilities 2019: $320,505Net Assets 2019: $1,350,6702019Assets 2020: $1,720,289Liabilities 2020: $144,175Net Assets 2020: $1,576,1142020Assets 2021: $1,782,188Liabilities 2021: $214,695Net Assets 2021: $1,567,4932021Assets 2022: $1,827,392Liabilities 2022: $279,213Net Assets 2022: $1,548,1792022Assets 2023: $1,973,496Liabilities 2023: $532,596Net Assets 2023: $1,440,9002023Assets 2024: $2,005,136Liabilities 2024: $584,109Net Assets 2024: $1,421,0272024

Highlighted filing

2014

Assets$256,386
Liabilities$6,934
Net Assets$249,452

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2013: $648,6402013Revenue 2014: $993,799Expenses 2014: $940,107Net Income 2014: $53,6922014Revenue 2015: $1,371,776Expenses 2015: $1,251,294Net Income 2015: $120,4822015Revenue 2016: $1,670,356Expenses 2016: $1,450,522Net Income 2016: $219,8342016Revenue 2017: $1,628,691Expenses 2017: $1,448,853Net Income 2017: $179,8382017Revenue 2018: $1,789,252Expenses 2018: $1,454,775Net Income 2018: $334,4772018Revenue 2019: $1,804,467Expenses 2019: $1,557,114Net Income 2019: $247,3532019Revenue 2020: $1,794,007Expenses 2020: $1,568,036Net Income 2020: $225,9712020Revenue 2021: $1,880,423Expenses 2021: $1,890,018Net Income 2021: -$9,5952021Revenue 2022: $1,875,197Expenses 2022: $1,893,770Net Income 2022: -$18,5732022Revenue 2023: $1,886,730Expenses 2023: $1,993,469Net Income 2023: -$106,7392023Revenue 2024: $2,018,656Expenses 2024: $2,037,501Net Income 2024: -$18,8452024

Highlighted filing

2014

Revenue$993,799
Expenses$940,107
Net Income$53,692
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 13, 2015
Return Version
2013v4.0
Gross Receipts
$1,140,080
Mission and Program Overview

Mission

The mission of the sheboygan leadership academy is to inspire students to become leaders through their academic achievement, moral development, and service to others.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$103,062$123,004▲ $19,942
Land, Buildings, and Equipment, Net$97,908$109,340▲ $11,432
Pledges and Grants Receivable$48,427$0▼ $48,427
Prepaid Expenses and Deferred Charges$7,144$8,600▲ $1,456
Inventories for Sale or Use$2,270$6,670▲ $4,400
Investments in Publicly Traded Securities-$3,772-
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$263,811$256,386▼ $7,425
Other Assets Total$5,000$5,000→ $0
Liabilities
Unsecured Notes Loans Payable$32,500--
Accounts Payable and Accrued Expenses$36,589$6,934▼ $29,655
Total Liabilities$69,089$6,934▼ $62,155
Net Assets / Fund Balance
Unrestricted Net Assets$132,195$248,070▲ $115,875
Temporarily Rstr Net Assets$62,527$1,382▼ $61,145
Total Net Assets Fund Balance$194,722$249,452▲ $54,730
Total Liabilities and Net Assets / Fund Balance$263,811$256,386▼ $7,425

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$61,185$6,729$67,914
Other Land Buildings$48,155$13,780$61,935
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Peggy HenselerPrincipalFT$61,200$61,200
Sarah AnnelinSecretary-$41,183$41,183
Jean PulsDirector-$11,492$11,492

Board Members and Trustees

NameTitle
Denise QuasiusPresident
Karen FischerVice President
Eirik NelsonDirector
Gretchen ThomesDirector
Ron VanrooyenDirector
Tim EirichDirector
Tim StielowDirector
Karen GrupeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$31,296
Program Service Revenue
$946,891
Investment Income
$0
Other Revenue
$15,612
All Other Contributions
$19,606
Change in Net Assets
$53,692

Audited Revenue Reconciliation

Revenue per Audited Statements
$993,799
Revenue Not Reported on Form 990
$25,301
Total Revenue per Audited Statements
$1,019,100
Total Revenue per Form 990
$993,799
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$611,396
Other Expenses$328,711
Total Fundraising Expense$29,959
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$406,711$14,237-$420,948
Occupancy$128,974$7,165$7,165$143,304
Current Officers, Directors, Trustees, and Key Employees$112,992$1,836-$114,828
Payroll Taxes$49,369$1,527-$50,896
Fees for Services Other-$28,841-$28,841
Information Technology$23,743$1,319$1,319$26,381
Other Employee Benefits$23,982$742-$24,724
Office Expenses$21,147$1,175$1,175$23,497
Depreciation Depletion$12,958$720$720$14,398
Insurance$7,759$4,033-$11,792
Other Expenses$7,692-$19,179$7,692
Fees for Services Accounting-$6,404-$6,404
Advertising$1,514-$379$1,893
All Other Expenses$1,679$105$22$1,806
Fees for Services Legal-$583-$583
Total Functional Expenses$841,461$68,687$29,959$940,107

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$964,370
Expenses per Audited Statements$940,107
Total Expenses per Form 990$940,107
Expenses Not Reported on Form 990$24,263
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$32,981
Fundraising Direct Expenses$24,263
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$44,671$32,981$24,263$8,718
Total Events$44,671$32,981$24,263$8,718
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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, Part VI, Line 11B: Form 990 Review Process

The Treasurer distributes a copy of the Form 990 to the Finance Committee for review at the following Committee meeting.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization provides information to the public regarding its governing documents, conflict of interest policy and financial statements on an as needed basis in accordance with the Open Records Laws in the State of Wisconsin.

Filing and Contact Details

Filer

EIN
32-0369297

Signing Officer

Name
Karen Grupe
Title
Treasurer
Signed
2015-05-13
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
Wi
Voting Board Members
10
Independent Board Members
8
Employees
23
Volunteers
125

Preparer

Preparer
Amy Thiel
Phone
9209127705
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Direct expenses on 990, part viii, 8b $24263

Part XII, Line 2D: Other expenses and losses per audited F/S

Direct expenses on 990, part viii, 8b $24263

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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The mission of the Sheboygan Leadership Academy is to inspire students to become leaders through their academic achievement, moral development, and service to others.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0194722
IRS990/NetAssetsOrFundBalancesEOYAmt0249452
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt08718
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt08718
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt06155
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt06155
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01038
IRS990/NoncashContributionsAmt02734
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt07165
IRS990/OccupancyGrp/ManagementAndGeneralAmt07165
IRS990/OccupancyGrp/ProgramServicesAmt0128974
IRS990/OccupancyGrp/TotalAmt0143304
IRS990/OfficeExpensesGrp/FundraisingAmt01175
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01175
IRS990/OfficeExpensesGrp/ProgramServicesAmt021147
IRS990/OfficeExpensesGrp/TotalAmt023497
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt05000
IRS990/OtherAssetsTotalGrp/EOYAmt05000
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0742
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt023982
IRS990/OtherEmployeeBenefitsGrp/TotalAmt024724
IRS990/OtherExpensesGrp/Desc0STUDENT TRANSPORTATION
IRS990/OtherExpensesGrp/Desc1UNCOLLECTIBLE PLEDGES
IRS990/OtherExpensesGrp/Desc2STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3BOOKS AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt019179
IRS990/OtherExpensesGrp/ProgramServicesAmt034515
IRS990/OtherExpensesGrp/ProgramServicesAmt18426
IRS990/OtherExpensesGrp/ProgramServicesAmt27692
IRS990/OtherExpensesGrp/TotalAmt034515
IRS990/OtherExpensesGrp/TotalAmt119179
IRS990/OtherExpensesGrp/TotalAmt28426
IRS990/OtherExpensesGrp/TotalAmt37692
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0739
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0739
IRS990/OtherRevenueTotalAmt0739
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt014237
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0406711
IRS990/OtherSalariesAndWagesGrp/TotalAmt0420948
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01527
IRS990/PayrollTaxesGrp/ProgramServicesAmt049369
IRS990/PayrollTaxesGrp/TotalAmt050896
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt048427
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07144
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08600
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0BOOK FEES
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT FUNDING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08335
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1938556
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08335
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1938556
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt053692
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0946891
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0103062
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0123004
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/ExpensesNotReportedAmt024263
IRS990ScheduleD/ExpensesSubtotalAmt0940107
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt061185
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06729
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt067914
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01038
IRS990ScheduleD/OtherExpensesIncludedAmt024263
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt048155
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013780
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt061935
IRS990ScheduleD/OtherRevenueAmt024263
IRS990ScheduleD/RevenueNotReportedAmt025301
IRS990ScheduleD/RevenueSubtotalAmt0993799
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DIRECT EXPENSES ON 990, PART VIII, 8B $24263
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT EXPENSES ON 990, PART VIII, 8B $24263
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0109340
IRS990ScheduleD/TotalExpensesPerForm990Amt0940107
IRS990ScheduleD/TotalRevenuePerForm990Amt0993799
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01019100
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0964370
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true

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