Civic Intelligence

Racine Charter One Inc.

990 • Fiscal year 2018 • EIN 39-2012341

Jul 01, 2017 to Jun 30, 2018 • Filed on May 14, 2019

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

33rd percentile

0.05x

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

22nd percentile

0.04x

Higher debt load relative to revenue than 22% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

31st percentile

-2.1%

Higher net margin than 31% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

25th percentile

$59,191

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

45th percentile

0.4%

Faster asset growth than 45% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

63rd percentile

9.1%

Faster revenue growth than 63% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Up

$4,429,139

Up $16,252 (+0.4%) from 2017

Net Assets

Down

$4,196,926

Down $106,125 (-2.5%) from 2017

Liabilities

Up

$232,213

Up $122,377 (+111%) from 2017

Revenue

Up

$5,161,121

Up $430,206 (+9.1%) from 2017

Expenses

Up

$5,267,246

Up $523,628 (+11%) from 2017

Net Income

Down

-$106,125

Down $93,422 (-735%) from 2017

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

2018

Assets$4,429,139
Liabilities$232,213
Net Assets$4,196,926

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

2018

Revenue$5,161,121
Expenses$5,267,246
Net Income-$106,125
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 14, 2019
Return Version
2017v2.3
Gross Receipts
$5,161,121
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.

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$3,484,817$3,462,527▼ $22,290
Cash and Non-Interest-Bearing Accounts$613,426$580,947▼ $32,479
Accounts Receivable$129,504$181,089▲ $51,585
Savings and Temporary Cash Investments$106,604$106,838▲ $234
Prepaid Expenses and Deferred Charges$69,049$83,367▲ $14,318
Inventories for Sale or Use$9,487$14,371▲ $4,884
Total Assets$4,412,887$4,429,139▲ $16,252
Liabilities
Mortgage Notes Payable Secured by Investment Property-$117,528-
Accounts Payable and Accrued Expenses$99,206$97,734▼ $1,472
Deferred Revenue$10,630$16,951▲ $6,321
Total Liabilities$109,836$232,213▲ $122,377
Net Assets / Fund Balance
Unrestricted Net Assets$4,285,351$4,185,127▼ $100,224
Temporarily Rstr Net Assets$17,700$11,799▼ $5,901
Total Net Assets Fund Balance$4,303,051$4,196,926▼ $106,125
Total Liabilities and Net Assets / Fund Balance$4,412,887$4,429,139▲ $16,252

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,264,675$2,091,606$5,356,281
Equipment$197,852$1,455,724$1,653,576
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Valencia KokerExecutive Director Until July 2018FT$51,192$7,999$59,191

Board Members and Trustees

NameTitle
Peter OlesenPresident
Dr Carole JohnsonVice President
Dr Nancy WhitakerBoard Member
Dr William StreeterBoard Member
Georgann Stinson-dockeryBoard Member
Harley DellBoard Member
Jim LadwigBoard Member
Teri PiasBoard Member
Shebaniah MuhammadExecutive Director as of July 2018
Katie CurtinSecretary
Dr Paul ZavadaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$16,659
Program Service Revenue
$5,125,100
Investment Income
$234
Other Revenue
$19,128
All Other Contributions
$16,659
Change in Net Assets
$-106,125

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,161,121
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,161,121
Total Revenue per Form 990
$5,161,121
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,708,031
Other Expenses$1,559,215
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,692,765$994,163-$2,686,928
Other Employee Benefits$494,557$290,453-$785,010
Occupancy$342,505$38,056-$380,561
Depreciation Depletion$165,360$18,373-$183,733
Fees for Services Other$71,117$78,980-$150,097
Current Officers, Directors, Trustees, and Key Employees$126,118--$126,118
Office Expenses$103,857$11,540-$115,397
Pension Plan Contributions$69,284$40,691-$109,975
All Other Expenses$35,878$18,977-$54,855
Insurance$4,873$43,859-$48,732
Fees for Services Accounting-$29,962-$29,962
Other Expenses$24,172$2,685-$26,857
Advertising-$16,982-$16,982
Fees for Services Legal-$9,440-$9,440
Interest-$374-$374
Total Functional Expenses$3,620,009$1,647,237$0$5,267,246

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,267,246
Total Expenses per Audited Statements$5,267,246
Total Expenses per Form 990$5,267,246
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 11B

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
Shebaniah Muhammad
Title
Executive Director
Phone
2625980026
Signed
2019-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shebaniah Muhammad
Formed
2002
Legal Domicile
Wi
Voting Board Members
10
Independent Board Members
10
Employees
91
Volunteers
250

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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR UNTIL JULY 2018
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IRS990/InvestmentIncomeGrp/ExclusionAmt0234
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0234
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03547330
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03484817
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03462527
IRS990/LandBldgEquipCostOrOtherBssAmt07009857
IRS990/LegalDomicileStateCd0WI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
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/MortgNotesPyblScrdInvstPropGrp/EOYAmt0117528
IRS990/NetAssetsOrFundBalancesBOYAmt04303051
IRS990/NetAssetsOrFundBalancesEOYAmt04196926
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt038056
IRS990/OccupancyGrp/ProgramServicesAmt0342505
IRS990/OccupancyGrp/TotalAmt0380561
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011540
IRS990/OfficeExpensesGrp/ProgramServicesAmt0103857
IRS990/OfficeExpensesGrp/TotalAmt0115397
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0290453
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0494557
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0785010
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1STUDENT AND STAFF EXPEN
IRS990/OtherExpensesGrp/Desc2CONTINGENCY FUND
IRS990/OtherExpensesGrp/Desc3COMPUTER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026857
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt122760
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23085
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32685
IRS990/OtherExpensesGrp/ProgramServicesAmt0256934
IRS990/OtherExpensesGrp/ProgramServicesAmt1204842
IRS990/OtherExpensesGrp/ProgramServicesAmt227747
IRS990/OtherExpensesGrp/ProgramServicesAmt324172
IRS990/OtherExpensesGrp/TotalAmt0283791
IRS990/OtherExpensesGrp/TotalAmt1227602
IRS990/OtherExpensesGrp/TotalAmt230832
IRS990/OtherExpensesGrp/TotalAmt326857
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc1FIELD TRIP REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt012778
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt16350
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012778
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt16350
IRS990/OtherRevenueTotalAmt019128
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0994163
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01692765
IRS990/OtherSalariesAndWagesGrp/TotalAmt02686928
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt040691
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt069284
IRS990/PensionPlanContributionsGrp/TotalAmt0109975
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt069049
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt083367
IRS990/PrincipalOfficerNm0SHEBANIAH MUHAMMAD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/BusinessCd3611110
IRS990/ProgramServiceRevenueGrp/BusinessCd4611110
IRS990/ProgramServiceRevenueGrp/Desc0GOVERNMENT GRANT
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE SALES
IRS990/ProgramServiceRevenueGrp/Desc2SPECIAL EDUCATION REVE
IRS990/ProgramServiceRevenueGrp/Desc3PRIVATE PAY FOOD
IRS990/ProgramServiceRevenueGrp/Desc4E-RATE REIMBURSEMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04619978
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1230544
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2203328
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt328944
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt417988
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04619978
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1230544
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2203328
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt328944
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt417988
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0130440
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0150
IRS990/PYOtherExpensesAmt01630937
IRS990/PYOtherRevenueAmt07678
IRS990/PYProgramServiceRevenueAmt04592647
IRS990/PYRevenuesLessExpensesAmt0-12703
IRS990/PYSalariesCompEmpBnftPaidAmt03112681
IRS990/PYTotalExpensesAmt04743618
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04730915
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-106125
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05144228
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0106604
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0106838
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0197852
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01455724
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01653576
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05267246
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03264675
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02091606
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05356281
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05161121
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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03462527
IRS990ScheduleD/TotalExpensesPerForm990Amt05267246
IRS990ScheduleD/TotalRevenuePerForm990Amt05161121
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05161121
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05267246
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 11B
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/BOYAmt017700
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt011799
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04412887
IRS990/TotalAssetsEOYAmt04429139
IRS990/TotalAssetsGrp/BOYAmt04412887
IRS990/TotalAssetsGrp/EOYAmt04429139
IRS990/TotalCompGreaterThan150KInd00

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