Civic Intelligence

Downtown Montessori Academy Inc.

990 • Fiscal year 2016 • EIN 39-1851636

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 06, 2017

Organization ProfileWWW.DOWNTOWNMONTESSORI.COM

View Organization Page

2507 South Graham StreetMilwaukee, WI 53207

(414) 744-6005

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.58x

Higher debt load relative to assets than 82% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

83rd percentile

0.86x

Higher debt load relative to revenue than 83% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

68th percentile

9.6%

Higher net margin than 68% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

67th percentile

$95,709

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

60th percentile

4.4%

Faster asset growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

61st percentile

7.7%

Faster revenue growth than 61% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$3,458,558

Up $145,309 (+4.4%) from 2015

Net Assets

Up

$1,469,440

Up $222,638 (+18%) from 2015

Liabilities

Down

$1,989,118

Down $77,329 (-3.7%) from 2015

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin68th percentile

Revenue

Up

$2,314,035

Up $166,147 (+7.7%) from 2015

Expenses

Up

$2,091,397

Up $124,271 (+6.3%) from 2015

Net Income

Up

$222,638

Up $41,876 (+23%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $456,321Liabilities 2011: $114,896Net Assets 2011: $341,4252011Assets 2012: $1,256,910Liabilities 2012: $652,745Net Assets 2012: $604,1652012Assets 2013: $1,539,730Liabilities 2013: $723,072Net Assets 2013: $816,6582013Assets 2014: $2,529,375Liabilities 2014: $1,463,335Net Assets 2014: $1,066,0402014Assets 2015: $3,313,249Liabilities 2015: $2,066,447Net Assets 2015: $1,246,8022015Assets 2016: $3,458,558Liabilities 2016: $1,989,118Net Assets 2016: $1,469,4402016Assets 2017: $3,476,871Liabilities 2017: $1,904,718Net Assets 2017: $1,572,1532017Assets 2018: $3,575,291Liabilities 2018: $1,834,333Net Assets 2018: $1,740,9582018Assets 2019: $3,715,003Liabilities 2019: $1,691,469Net Assets 2019: $2,023,5342019Assets 2020: $3,968,645Liabilities 2020: $1,661,945Net Assets 2020: $2,306,7002020Assets 2021: $4,315,296Liabilities 2021: $1,338,287Net Assets 2021: $2,977,0092021Assets 2022: $7,279,991Liabilities 2022: $4,100,477Net Assets 2022: $3,179,5142022Assets 2023: $6,722,991Liabilities 2023: $3,879,625Net Assets 2023: $2,843,3662023Assets 2024: $6,561,781Liabilities 2024: $3,709,890Net Assets 2024: $2,851,8912024

Highlighted filing

2016

Assets$3,458,558
Liabilities$1,989,118
Net Assets$1,469,440
Open 2016 Filing

Operations Trend

Revenue Growth61st percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,224,800Expenses 2011: $1,153,736Net Income 2011: $71,0642011Revenue 2012: $1,506,713Expenses 2012: $1,243,973Net Income 2012: $262,7402012Revenue 2013: $1,698,116Expenses 2013: $1,485,623Net Income 2013: $212,4932013Revenue 2014: $1,961,665Expenses 2014: $1,712,283Net Income 2014: $249,3822014Revenue 2015: $2,147,888Expenses 2015: $1,967,126Net Income 2015: $180,7622015Revenue 2016: $2,314,035Expenses 2016: $2,091,397Net Income 2016: $222,6382016Revenue 2017: $2,422,865Expenses 2017: $2,320,152Net Income 2017: $102,7132017Revenue 2018: $2,620,439Expenses 2018: $2,451,634Net Income 2018: $168,8052018Revenue 2019: $2,824,190Expenses 2019: $2,541,614Net Income 2019: $282,5762019Revenue 2020: $2,947,685Expenses 2020: $2,664,519Net Income 2020: $283,1662020Revenue 2021: $3,142,574Expenses 2021: $2,472,265Net Income 2021: $670,3092021Revenue 2022: $2,785,581Expenses 2022: $2,583,076Net Income 2022: $202,5052022Revenue 2023: $2,858,309Expenses 2023: $3,124,955Net Income 2023: -$266,6462023Revenue 2024: $3,316,533Expenses 2024: $3,308,008Net Income 2024: $8,5252024

Highlighted filing

2016

Revenue$2,314,035
Expenses$2,091,397
Net Income$222,638
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 6, 2017
Return Version
2015v3.0
Gross Receipts
$2,330,584
Mission and Program Overview

Mission

To create a montessori environment where the child's early experiences with learning will help him or her to become a self-confident, competent, cooperative adult.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,674,301$2,672,474▼ $1,827
Cash and Non-Interest-Bearing Accounts$518,010$672,860▲ $154,850
Pledges and Grants Receivable$66,619$69,467▲ $2,848
Accounts Receivable$46,932$36,472▼ $10,460
Prepaid Expenses and Deferred Charges$7,387$7,285▼ $102
Savings and Temporary Cash Investments-$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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,313,249$3,458,558▲ $145,309
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,862,761$1,768,980▼ $93,781
Accounts Payable and Accrued Expenses$182,840$210,303▲ $27,463
Deferred Revenue$20,846$9,835▼ $11,011
Total Liabilities$2,066,447$1,989,118▼ $77,329
Net Assets / Fund Balance
Unrestricted Net Assets$1,200,073$1,439,704▲ $239,631
Temporarily Rstr Net Assets$46,729$29,736▼ $16,993
Total Net Assets Fund Balance$1,246,802$1,469,440▲ $222,638
Total Liabilities and Net Assets / Fund Balance$3,313,249$3,458,558▲ $145,309

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,395,513$268,563$2,664,076
Equipment$137,354$230,392$367,746
Other Land Buildings$91,607$34,378$125,985
Land$48,000-$48,000
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Virginia FlynnHead of SchoolFT$91,673$4,036$95,709
Ian SpanicExecutive DirectorFT$76,931$3,264$80,195

Board Members and Trustees

NameTitle
Michael MoorePresident
Travis RhoadesVice President
Bruce ThompsonDirector
Carmen BenskeDirector
Heather HeavilandDirector
Lindy MeerSecretary
Michelle HakeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,944,903
Program Service Revenue
$337,413
Investment Income
$0
Other Revenue
$31,719
All Other Contributions
$4,845
Change in Net Assets
$222,638

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,314,035
Revenue Not Reported on Form 990
$16,549
Total Revenue per Audited Statements
$2,330,584
Total Revenue per Form 990
$2,314,035
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,420,126
Other Expenses$671,271
Total Fundraising Expense$13,354
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$960,332$60,265-$1,020,597
Current Officers, Directors, Trustees, and Key Employees$75,578$92,131$12,436$180,145
Depreciation Depletion$125,794$13,977-$139,771
Occupancy$112,866$16,124-$128,990
Other Employee Benefits$95,018$8,279-$103,297
Interest-$98,712-$98,712
Payroll Taxes$81,214$11,594$918$93,726
All Other Expenses$47,805$11,593-$59,398
Fees for Services Accounting-$31,716-$31,716
Office Expenses$10,166$15,773-$25,939
Pension Plan Contributions$20,421$1,940-$22,361
Other Expenses$20,627$38,524-$20,627
Insurance-$17,468-$17,468
Fees for Services Other-$5,675-$5,675
Advertising-$2,904-$2,904
Travel-$351-$351
Total Functional Expenses$1,648,586$429,457$13,354$2,091,397

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,107,946
Expenses per Audited Statements$2,091,397
Total Expenses per Form 990$2,091,397
Expenses Not Reported on Form 990$16,549
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$45,768
Fundraising Direct Expenses$16,549
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Fundraising$17,374$17,374$2,895$14,479
Kringle/coffee$15,849$15,849$9,731$6,118
Total Events$45,768$45,768$16,549$29,219
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
No
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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 990 is either sent electronically or presented in person depending on the meeting schedule for review by all board members. If there are any questions or comments these are addressed and any necessary changes made.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“All board members review conflict of interest policy and sign that this is not applicable. This is done on an annual basis.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The Board engages an independent Human Resources firm to conduct a study of salaries for comparable positions. Compensation is established and approved based on the recommendations and findings of the study.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The Board engages an independent Human Resources firm to conduct a study of salaries for comparable positions. Compensation is established and approved based on the recommendations and findings of the study.”

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

“All documents are available at the school's office.”

Filing and Contact Details

Filer

Filer Name
Downtown Montessori Academy Inc
EIN
39-1851636
Phone
4147446005
Address
2507 SOUTH GRAHAM STREET, MILWAUKEE, WI 53207

Signing Officer

Name
Ian Spanic
Title
Executive Director
Signed
2017-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ian Spanic
Formed
1976
Legal Domicile
Wi
Voting Board Members
7
Independent Board Members
7
Employees
35
Volunteers
265

Preparer

Firm
Ritz Holman LLP
Address
330 E Kilbourn Ste 550, Milwaukee, WI 53202-3144
Preparer
Katy L Sommer
Phone
4142711451
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code and has been classified as an organization other than a private foundation.the organization follows accounting for uncertainty in income taxes which describes a recognition and measurement of a tax position taken or expected to be taken and also provides guidance on derecognition, interest and penalties, and disclosure. Management has reviewed all tax positions taken, if any, and those expected to be taken in future tax returns. As of june 30, 2016 and 2015, the organization had no amounts related to unrecognized income tax benefits and no amounts related to accrued interest and penalties. The organization does not anticipate any significant changes to unrecognized income tax benefits over the next year.the organization is no longer subject to u.s. Federal income tax examinations for years ending before june 30, 2013.”

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

“Fundraising expense $16549”

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

“Fundraising expense $16549”

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IRS990/GrossReceiptsAmt02330584
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt017468
IRS990/InsuranceGrp/TotalAmt017468
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt098712
IRS990/InterestGrp/TotalAmt098712
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0533333
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02674301
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02672474
IRS990/LandBldgEquipCostOrOtherBssAmt03205807
IRS990/LegalDomicileStateCd0WI
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO CREATE A MONTESSORI ENVIRONMENT WHERE THE CHILD'S EARLY EXPERIENCES WITH LEARNING WILL HELP HIM OR HER TO BECOME A SELF-CONFIDENT, COMPETENT, COOPERATIVE ADULT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01862761
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01768980
IRS990/NetAssetsOrFundBalancesBOYAmt01246802
IRS990/NetAssetsOrFundBalancesEOYAmt01469440
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt029219
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt029219
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt016124
IRS990/OccupancyGrp/ProgramServicesAmt0112866
IRS990/OccupancyGrp/TotalAmt0128990
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015773
IRS990/OfficeExpensesGrp/ProgramServicesAmt010166
IRS990/OfficeExpensesGrp/TotalAmt025939
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08279
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt095018
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0103297
IRS990/OtherExpensesGrp/Desc0CLASSROOM SUPPLIES
IRS990/OtherExpensesGrp/Desc1INDEPENDENT INSTRUCTORS
IRS990/OtherExpensesGrp/Desc2LICENSE AND FEES
IRS990/OtherExpensesGrp/Desc3TRAINING AND SEMINARS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02431
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt138524
IRS990/OtherExpensesGrp/ProgramServicesAmt049236
IRS990/OtherExpensesGrp/ProgramServicesAmt149529
IRS990/OtherExpensesGrp/ProgramServicesAmt220627
IRS990/OtherExpensesGrp/TotalAmt051667
IRS990/OtherExpensesGrp/TotalAmt149529
IRS990/OtherExpensesGrp/TotalAmt238524
IRS990/OtherExpensesGrp/TotalAmt320627
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02500
IRS990/OtherRevenueTotalAmt02500
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt060265
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0960332
IRS990/OtherSalariesAndWagesGrp/TotalAmt01020597
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0918
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011594
IRS990/PayrollTaxesGrp/ProgramServicesAmt081214
IRS990/PayrollTaxesGrp/TotalAmt093726
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01940
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt020421
IRS990/PensionPlanContributionsGrp/TotalAmt022361
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt066619
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt069467
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07387
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07285
IRS990/PrincipalOfficerNm0IAN SPANIC
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0CHILD CARE
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0332624
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14789
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0332624
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14789
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01815441
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0666651
IRS990/PYOtherRevenueAmt023966
IRS990/PYProgramServiceRevenueAmt0308481
IRS990/PYRevenuesLessExpensesAmt0180762
IRS990/PYSalariesCompEmpBnftPaidAmt01300475
IRS990/PYTotalExpensesAmt01967126
IRS990/PYTotalRevenueAmt02147888
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0222638
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0377413
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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/BuildingsGrp/BookValueAmt02395513
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0268563
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02664076
IRS990ScheduleD/EquipmentGrp/BookValueAmt0137354
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0230392
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0367746
IRS990ScheduleD/ExpensesNotReportedAmt016549
IRS990ScheduleD/ExpensesSubtotalAmt02091397
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt048000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt048000
IRS990ScheduleD/OtherExpensesIncludedAmt016549
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt091607
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt034378
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0125985
IRS990ScheduleD/OtherRevenueAmt016549
IRS990ScheduleD/RevenueNotReportedAmt016549
IRS990ScheduleD/RevenueSubtotalAmt02314035
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION.THE ORGANIZATION FOLLOWS ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH DESCRIBES A RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN AND ALSO PROVIDES GUIDANCE ON DERECOGNITION, INTEREST AND PENALTIES, AND DISCLOSURE. MANAGEMENT HAS REVIEWED ALL TAX POSITIONS TAKEN, IF ANY, AND THOSE EXPECTED TO BE TAKEN IN FUTURE TAX RETURNS. AS OF JUNE 30, 2016 AND 2015, THE ORGANIZATION HAD NO AMOUNTS RELATED TO UNRECOGNIZED INCOME TAX BENEFITS AND NO AMOUNTS RELATED TO ACCRUED INTEREST AND PENALTIES. THE ORGANIZATION DOES NOT ANTICIPATE ANY SIGNIFICANT CHANGES TO UNRECOGNIZED INCOME TAX BENEFITS OVER THE NEXT YEAR.THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS FOR YEARS ENDING BEFORE JUNE 30, 2013.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSE $16549
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSE $16549
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02672474
IRS990ScheduleD/TotalExpensesPerForm990Amt02091397
IRS990ScheduleD/TotalRevenuePerForm990Amt02314035
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02330584
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02107946
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/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY IS A CHARTER SCHOOL THAT RECEIVES FUNDS FROM WISCONSIN DEPARTMENT OF PUBLIC INSTRUCTION WHICH PROVIDES A PER PUPIL FEE WHICH IS BASED OFF OF FULL-TIME ENROLLMENT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1the publicity requirement of subsection 1 of 4.03 does not apply based on subsection 2, 4.03 letter C.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,458,558
Liabilities
$1,989,118
Net assets
$1,469,440
Revenue
$2,314,035
Expenses
$2,091,397
Net income
$222,638
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.56$3.71$2.85$3.32$3.31$0.01
2023Detailed filing. Detailed filing data is available for this year.$6.72$3.88$2.84$2.86$3.12$0.27
2022Detailed filing. Detailed filing data is available for this year.$7.28$4.10$3.18$2.79$2.58$0.20
2021Detailed filing. Detailed filing data is available for this year.$4.32$1.34$2.98$3.14$2.47$0.67
2020Detailed filing. Detailed filing data is available for this year.$3.97$1.66$2.31$2.95$2.66$0.28
2019Detailed filing. Detailed filing data is available for this year.$3.72$1.69$2.02$2.82$2.54$0.28
2018Detailed filing. Detailed filing data is available for this year.$3.58$1.83$1.74$2.62$2.45$0.17
2017Detailed filing. Detailed filing data is available for this year.$3.48$1.90$1.57$2.42$2.32$0.10
2016Detailed filing. Detailed filing data is available for this year.$3.46$1.99$1.47$2.31$2.09$0.22
2015Summary only. Only limited summary data is available for this year.$3.31$2.07$1.25$2.15$1.97$0.18
2014Summary only. Only limited summary data is available for this year.$2.53$1.46$1.07$1.96$1.71$0.25
2013Summary only. Only limited summary data is available for this year.$1.54$0.72$0.82$1.70$1.49$0.21
2012Summary only. Only limited summary data is available for this year.$1.26$0.65$0.60$1.51$1.24$0.26
2011Summary only. Only limited summary data is available for this year.$0.46$0.11$0.34$1.22$1.15$0.07