Civic Intelligence

Racine Charter One Inc.

990 • Fiscal year 2015 • EIN 39-2012341

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 24, 2016

1220 Mound AvenueRacine, WI 53404

(262) 598-0026

Siviq Scores

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

Liabilities / Assets

36th percentile

0.04x

Higher debt load relative to assets than 36% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

33rd percentile

0.04x

Higher debt load relative to revenue than 33% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

40th percentile

0.0%

Higher net margin than 40% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

69th percentile

$100,548

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

39th percentile

-1.5%

Faster asset growth than 39% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

46th percentile

1.8%

Faster revenue growth than 46% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$4,727,886

Down $72,616 (-1.5%) from 2014

Net Assets

Up

$4,552,716

Up $545 (+0.0%) from 2014

Liabilities

Down

$175,170

Down $73,161 (-29%) from 2014

Revenue

Up

$4,177,903

Up $75,520 (+1.8%) from 2014

Expenses

Down

$4,177,358

Down $200,733 (-4.6%) from 2014

Net Income

Up

$545

Up $276,253 (+100%) from 2014

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $7,216,712Liabilities 2011: $1,982,176Net Assets 2011: $5,234,5362011Assets 2012: $6,193,836Liabilities 2012: $1,087,764Net Assets 2012: $5,106,0722012Assets 2013: $5,075,892Liabilities 2013: $248,012Net Assets 2013: $4,827,8802013Assets 2014: $4,800,502Liabilities 2014: $248,331Net Assets 2014: $4,552,1712014Assets 2015: $4,727,886Liabilities 2015: $175,170Net Assets 2015: $4,552,7162015Assets 2016: $4,405,976Liabilities 2016: $90,222Net Assets 2016: $4,315,7542016Assets 2017: $4,412,887Liabilities 2017: $109,836Net Assets 2017: $4,303,0512017Assets 2018: $4,429,139Liabilities 2018: $232,213Net Assets 2018: $4,196,9262018Assets 2019: $5,031,919Liabilities 2019: $235,024Net Assets 2019: $4,796,8952019Assets 2020: $5,133,013Liabilities 2020: $223,411Net Assets 2020: $4,909,6022020Assets 2021: $5,049,868Liabilities 2021: $175,402Net Assets 2021: $4,874,4662021Assets 2022: $5,378,275Liabilities 2022: $238,734Net Assets 2022: $5,139,5412022Assets 2023: $6,522,482Liabilities 2023: $1,905,694Net Assets 2023: $4,616,7882023Assets 2024: $6,263,386Liabilities 2024: $1,535,994Net Assets 2024: $4,727,3922024

Highlighted filing

2015

Assets$4,727,886
Liabilities$175,170
Net Assets$4,552,716

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $4,424,104Expenses 2011: $4,583,325Net Income 2011: -$159,2212011Revenue 2012: $4,224,750Expenses 2012: $4,353,214Net Income 2012: -$128,4642012Revenue 2013: $4,296,007Expenses 2013: $4,574,199Net Income 2013: -$278,1922013Revenue 2014: $4,102,383Expenses 2014: $4,378,091Net Income 2014: -$275,7082014Revenue 2015: $4,177,903Expenses 2015: $4,177,358Net Income 2015: $5452015Revenue 2016: $4,069,038Expenses 2016: $4,377,364Net Income 2016: -$308,3262016Revenue 2017: $4,730,915Expenses 2017: $4,743,618Net Income 2017: -$12,7032017Revenue 2018: $5,161,121Expenses 2018: $5,267,246Net Income 2018: -$106,1252018Revenue 2019: $5,659,312Expenses 2019: $5,059,343Net Income 2019: $599,9692019Revenue 2020: $5,461,726Expenses 2020: $5,349,019Net Income 2020: $112,7072020Revenue 2021: $5,500,748Expenses 2021: $5,535,884Net Income 2021: -$35,1362021Revenue 2022: $6,487,272Expenses 2022: $6,222,197Net Income 2022: $265,0752022Revenue 2023: $6,621,586Expenses 2023: $7,144,339Net Income 2023: -$522,7532023Revenue 2024: $7,726,048Expenses 2024: $7,615,444Net Income 2024: $110,6042024

Highlighted filing

2015

Revenue$4,177,903
Expenses$4,177,358
Net Income$545
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 24, 2016
Return Version
2014v6.0
Gross Receipts
$4,182,716
Mission and Program Overview

Mission

Racine charter one, inc. Is a non-profit chartered public school for inner city children in the city of racine. The mission is 21st century prepares diverse children for access to full array of life choices, including college and careers that develop their leadership competency. We take individual differences seriously, and craft practices that serve each child equally well. We mold our future leaders through selfless caring for their success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,932,400$3,809,082▼ $123,318
Cash and Non-Interest-Bearing Accounts$555,334$618,000▲ $62,666
Accounts Receivable$155,485$145,556▼ $9,929
Savings and Temporary Cash Investments$106,213$106,328▲ $115
Prepaid Expenses and Deferred Charges$50,227$47,623▼ $2,604
Inventories for Sale or Use$843$1,297▲ $454
Total Assets$4,800,502$4,727,886▼ $72,616
Liabilities
Accounts Payable and Accrued Expenses$237,173$165,889▼ $71,284
Deferred Revenue$11,158$9,281▼ $1,877
Total Liabilities$248,331$175,170▼ $73,161
Net Assets / Fund Balance
Unrestricted Net Assets$4,547,407$4,546,850▼ $557
Temporarily Rstr Net Assets$4,764$5,866▲ $1,102
Total Net Assets Fund Balance$4,552,171$4,552,716▲ $545
Total Liabilities and Net Assets / Fund Balance$4,800,502$4,727,886▼ $72,616

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,671,670$1,684,611$5,356,281
Equipment$137,412$2,056,882$2,194,294
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Arletta TuckerExecutive DirectorFT$86,275$14,273$100,548

Board Members and Trustees

NameTitle
William StreeterBoard Chair
Carole JohnsonVice President & Secretary
Alice OliverBoard Member
Antonio HilliardBoard Member
Denise RattiganBoard Member
Paul ZavadaBoard Member
Teri PiasBoard Member
Peter OlesenTreasurer
Annie GrugelUwp Ex Officio
Revenue and Support

Revenue Composition

Contributions and Grants
$76,700
Program Service Revenue
$4,099,622
Investment Income
$-4,699
Other Revenue
$6,280
All Other Contributions
$76,700
Change in Net Assets
$545

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,177,903
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,177,903
Total Revenue per Form 990
$4,177,903
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,946,424
Other Expenses$1,230,934
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,402,389$823,625-$2,226,014
Occupancy$345,057$38,340-$383,397
Other Employee Benefits$212,266$124,664-$336,930
Payroll Taxes$132,096$77,580-$209,676
Depreciation Depletion$187,019$20,780-$207,799
Current Officers, Directors, Trustees, and Key Employees$101,673--$101,673
Office Expenses$75,966$8,441-$84,407
Pension Plan Contributions$25,019$47,112-$72,131
Fees for Services Other$28,163$26,505-$54,668
Information Technology$42,593$4,733-$47,326
Insurance$4,605$41,445-$46,050
Fees for Services Accounting-$26,806-$26,806
All Other Expenses$13,950$10,267-$24,217
Fees for Services Legal-$19,397-$19,397
Other Expenses$15,555$1,728-$17,283
Advertising-$7,080-$7,080
Conferences and Meetings$1,303$145-$1,448
Total Functional Expenses$2,880,689$1,296,669$0$4,177,358

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,177,358
Total Expenses per Audited Statements$4,177,358
Total Expenses per Form 990$4,177,358
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
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
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, Section B, Line 11

A copy of form 990 is provided to the board of directors prior to filing.

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

Conflict of interest policy is periodically discussed at board meetings.

Form 990, Part VI, Section B, Line 15

Compensation is determined by the board of directors under the recommendation of the finance committee.

Form 990, Part VI, Section C, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Racine Charter One Inc
EIN
39-2012341
Phone
2625980026
Address
1220 MOUND AVENUE, RACINE, WI 53404
Doing Business As
21st Century Preparatory School

Signing Officer

Name
Arletta Tucker
Title
Principal
Phone
2625980026
Signed
2016-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Arletta Tucker
Formed
2002
Legal Domicile
Wi
Voting Board Members
9
Independent Board Members
9
Employees
116
Volunteers
275

Preparer

Firm
Cliftonlarsonallen Llp
Address
222 MAIN ST SUITE 200, RACINE, WI 53403
Preparer
Kimberly Anderson CPA
Phone
2626379351
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has not changed its oversight process or selection process during the year.

Financial Statement Notes

PART X, LINE 2:

The school is exempt from federal and state income taxes on related exempt function income under section 501(c)(3) of the internal revenue code and has been classified as an organization other than a private foundation. The school does not consider any of its support and revenues to be unrelated business income and, accordingly, no provision for income taxes has been provided in the accompanying financial statements. The school has implemented accounting for uncertainty in income taxes in accordance with u.s. Gaap. This standard describes a recognition threshold and measurement attribute for financial statement recognition and measurement of tax position taken or expected to be taken in a tax return and also provides guidance on various related matters such as derecognizing, interest, penalties and disclosures required. Management of the school evaluates the uncertain tax positions taken, if any, and consults with outside counsel as deemed necessary. The school recognizes interest and penalties, if any, related to unrecognized tax liabilities in income tax expense. In management's opinion, the school has not taken any uncertain tax positions and, accordingly, has not reported a corresponding liability in the school's financial statements. Generally, for united states federal income taxes, the school is only subject to examination for the current year's tax return and the preceding three years' returns. Generally, for wisconsin income taxes, the school is only subject to examinations for the current year's tax return and the preceding four years' returns.

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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0RACINE CHARTER ONE, INC. IS A NON-PROFIT CHARTERED PUBLIC SCHOOL FOR INNER CITY CHILDREN IN THE CITY OF RACINE. THE MISSION IS 21ST CENTURY PREPARES DIVERSE CHILDREN FOR ACCESS TO FULL ARRAY OF LIFE CHOICES, INCLUDING COLLEGE AND CAREERS THAT DEVELOP THEIR LEADERSHIP COMPETENCY. WE TAKE INDIVIDUAL DIFFERENCES SERIOUSLY, AND CRAFT PRACTICES THAT SERVE EACH CHILD EQUALLY WELL. WE MOLD OUR FUTURE LEADERS THROUGH SELFLESS CARING FOR THEIR SUCCESS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04552171
IRS990/NetAssetsOrFundBalancesEOYAmt04552716
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-4813
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-4813
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt038340
IRS990/OccupancyGrp/ProgramServicesAmt0345057
IRS990/OccupancyGrp/TotalAmt0383397
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08441
IRS990/OfficeExpensesGrp/ProgramServicesAmt075966
IRS990/OfficeExpensesGrp/TotalAmt084407
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0124664
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0212266
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0336930
IRS990/OtherExpensesGrp/Desc0STUDENT AND STAFF EXPEN
IRS990/OtherExpensesGrp/Desc1FOOD SERVICE
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3CONTINGENCY FUND
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014608
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23413
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31728
IRS990/OtherExpensesGrp/ProgramServicesAmt0131475
IRS990/OtherExpensesGrp/ProgramServicesAmt1130846
IRS990/OtherExpensesGrp/ProgramServicesAmt230714
IRS990/OtherExpensesGrp/ProgramServicesAmt315555
IRS990/OtherExpensesGrp/TotalAmt0146083
IRS990/OtherExpensesGrp/TotalAmt1130846
IRS990/OtherExpensesGrp/TotalAmt234127
IRS990/OtherExpensesGrp/TotalAmt317283
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0FIELD TRIP REVENUE
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05333
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1947
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05333
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1947
IRS990/OtherRevenueTotalAmt06280
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0823625
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01402389
IRS990/OtherSalariesAndWagesGrp/TotalAmt02226014
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt077580
IRS990/PayrollTaxesGrp/ProgramServicesAmt0132096
IRS990/PayrollTaxesGrp/TotalAmt0209676
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt047112
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt025019
IRS990/PensionPlanContributionsGrp/TotalAmt072131
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt050227
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt047623
IRS990/PrincipalOfficerNm0ARLETTA TUCKER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/BusinessCd3611110
IRS990/ProgramServiceRevenueGrp/BusinessCd4611110
IRS990/ProgramServiceRevenueGrp/Desc0GOVERNMENT GRANT
IRS990/ProgramServiceRevenueGrp/Desc1SPECIAL EDUCATION REVE
IRS990/ProgramServiceRevenueGrp/Desc2FOOD SERVICE SALES
IRS990/ProgramServiceRevenueGrp/Desc3INSTRUMENTAL MUSIC FEE
IRS990/ProgramServiceRevenueGrp/Desc4E-RATE REIMBURSEMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03677974
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1191393
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2186416
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt323092
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt410059
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03677974
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1191393
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2186416
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt323092
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt410059
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03658089
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0134
IRS990/PYOtherExpensesAmt01210820
IRS990/PYOtherRevenueAmt08266
IRS990/PYProgramServiceRevenueAmt0435894
IRS990/PYRevenuesLessExpensesAmt0-275708
IRS990/PYSalariesCompEmpBnftPaidAmt03167271
IRS990/PYTotalExpensesAmt04378091
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04102383
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0545
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04105902
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0106213
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0106328
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0137412
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02056882
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02194294
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04177358
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03671670
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01684611
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05356281
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04177903
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED EXEMPT FUNCTION INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION. THE SCHOOL DOES NOT CONSIDER ANY OF ITS SUPPORT AND REVENUES TO BE UNRELATED BUSINESS INCOME AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL HAS IMPLEMENTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH U.S. GAAP. THIS STANDARD DESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNIZING, INTEREST, PENALTIES AND DISCLOSURES REQUIRED. MANAGEMENT OF THE SCHOOL EVALUATES THE UNCERTAIN TAX POSITIONS TAKEN, IF ANY, AND CONSULTS WITH OUTSIDE COUNSEL AS DEEMED NECESSARY. THE SCHOOL RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME TAX EXPENSE. IN MANAGEMENT'S OPINION, THE SCHOOL HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT REPORTED A CORRESPONDING LIABILITY IN THE SCHOOL'S FINANCIAL STATEMENTS. GENERALLY, FOR UNITED STATES FEDERAL INCOME TAXES, THE SCHOOL IS ONLY SUBJECT TO EXAMINATION FOR THE CURRENT YEAR'S TAX RETURN AND THE PRECEDING THREE YEARS' RETURNS. GENERALLY, FOR WISCONSIN INCOME TAXES, THE SCHOOL IS ONLY SUBJECT TO EXAMINATIONS FOR THE CURRENT YEAR'S TAX RETURN AND THE PRECEDING FOUR YEARS' RETURNS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03809082
IRS990ScheduleD/TotalExpensesPerForm990Amt04177358
IRS990ScheduleD/TotalRevenuePerForm990Amt04177903
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04177903
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04177358
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd00
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THIS INFORMATION IS CONTAINED ON ENROLLMENT FORMS AND BROCHURES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT ISSUE SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE AND DOES NOT SOLICIT CONTRIBUTIONS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION RECEIVES FINANCIAL ASSISTANCE FROM WISCONSIN.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST POLICY IS PERIODICALLY DISCUSSED AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS UNDER THE RECOMMENDATION OF THE FINANCE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt04764
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt05866

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.26$1.54$4.73$7.73$7.62$0.11
2023Detailed filing. Detailed filing data is available for this year.$6.52$1.91$4.62$6.62$7.14$0.52
2022Detailed filing. Detailed filing data is available for this year.$5.38$0.24$5.14$6.49$6.22$0.27
2021Detailed filing. Detailed filing data is available for this year.$5.05$0.18$4.87$5.50$5.54$0.04
2020Detailed filing. Detailed filing data is available for this year.$5.13$0.22$4.91$5.46$5.35$0.11
2019Detailed filing. Detailed filing data is available for this year.$5.03$0.24$4.80$5.66$5.06$0.60
2018Detailed filing. Detailed filing data is available for this year.$4.43$0.23$4.20$5.16$5.27$0.11
2017Detailed filing. Detailed filing data is available for this year.$4.41$0.11$4.30$4.73$4.74$0.01
2016Detailed filing. Detailed filing data is available for this year.$4.41$0.09$4.32$4.07$4.38$0.31
2015Detailed filing. Detailed filing data is available for this year.$4.73$0.18$4.55$4.18$4.18$0.00
2014Detailed filing. Detailed filing data is available for this year.$4.80$0.25$4.55$4.10$4.38$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.08$0.25$4.83$4.30$4.57$0.28
2012Summary only. Only limited summary data is available for this year.$6.19$1.09$5.11$4.22$4.35$0.13
2011Summary only. Only limited summary data is available for this year.$7.22$1.98$5.23$4.42$4.58$0.16