Civic Intelligence

Atlas Preparatory Academy

990 • Fiscal year 2014 • EIN 39-2032539

Jul 01, 2013 to Jun 30, 2014 • Filed on May 12, 2015

Organization Profilewww.atlasprep.net
1039 East Russell AvenueMilwaukee, WI 53207

(414) 385-0771

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.71x

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

29th percentile

0.08x

Higher debt load relative to revenue than 29% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

29th percentile

-2.2%

Higher net margin than 29% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

56th percentile

$129,411

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

5th percentile

-17%

Faster asset growth than 5% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

18th percentile

-10%

Faster revenue growth than 18% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$698,161

Down $142,060 (-17%) from 2013

Net Assets

Down

$202,719

Down $137,886 (-40%) from 2013

Liabilities

Down

$495,442

Down $4,174 (-0.8%) from 2013

Revenue And Expenses
Liabilities / Revenue29th percentileNet Margin29th percentile

Revenue

Down

$6,227,379

Down $714,606 (-10%) from 2013

Expenses

Down

$6,365,265

Down $684,086 (-9.7%) from 2013

Net Income

Down

-$137,886

Down $30,520 (-28%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth5th 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: $788,759Liabilities 2011: $347,073Net Assets 2011: $441,6862011Assets 2012: $807,447Liabilities 2012: $359,476Net Assets 2012: $447,9712012Assets 2013: $840,221Liabilities 2013: $499,616Net Assets 2013: $340,6052013Assets 2014: $698,161Liabilities 2014: $495,442Net Assets 2014: $202,7192014Assets 2015: $1,219,634Liabilities 2015: $492,007Net Assets 2015: $727,6272015Assets 2016: $940,776Liabilities 2016: $528,276Net Assets 2016: $412,5002016Assets 2017: $909,435Liabilities 2017: $394,874Net Assets 2017: $514,5612017Assets 2018: $1,339,385Liabilities 2018: $396,437Net Assets 2018: $942,9482018Assets 2019: $1,761,455Liabilities 2019: $373,512Net Assets 2019: $1,387,9432019Assets 2020: $2,366,389Liabilities 2020: $859,405Net Assets 2020: $1,506,9842020Assets 2021: $3,374,551Liabilities 2021: $269,118Net Assets 2021: $3,105,4332021Assets 2022: $4,239,464Liabilities 2022: $266,741Net Assets 2022: $3,972,7232022Assets 2023: $5,809,340Liabilities 2023: $1,987,462Net Assets 2023: $3,821,8782023Assets 2024: $6,625,147Liabilities 2024: $2,360,272Net Assets 2024: $4,264,8752024

Highlighted filing

2014

Assets$698,161
Liabilities$495,442
Net Assets$202,719
Open 2014 Filing

Operations Trend

Revenue Growth18th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $7,032,434Expenses 2011: $6,697,983Net Income 2011: $334,4512011Revenue 2012: $7,148,829Expenses 2012: $7,142,544Net Income 2012: $6,2852012Revenue 2013: $6,941,985Expenses 2013: $7,049,351Net Income 2013: -$107,3662013Revenue 2014: $6,227,379Expenses 2014: $6,365,265Net Income 2014: -$137,8862014Revenue 2015: $7,052,954Expenses 2015: $6,528,046Net Income 2015: $524,9082015Revenue 2016: $6,379,059Expenses 2016: $6,694,186Net Income 2016: -$315,1272016Revenue 2017: $6,042,246Expenses 2017: $5,940,185Net Income 2017: $102,0612017Revenue 2018: $6,049,499Expenses 2018: $5,621,112Net Income 2018: $428,3872018Revenue 2019: $6,260,077Expenses 2019: $5,815,082Net Income 2019: $444,9952019Revenue 2020: $5,673,634Expenses 2020: $5,618,620Net Income 2020: $55,0142020Revenue 2021: $5,734,799Expenses 2021: $4,136,350Net Income 2021: $1,598,4492021Revenue 2022: $5,094,955Expenses 2022: $4,227,665Net Income 2022: $867,2902022Revenue 2023: $4,514,014Expenses 2023: $4,664,859Net Income 2023: -$150,8452023Revenue 2024: $5,748,356Expenses 2024: $5,305,359Net Income 2024: $442,9972024

Highlighted filing

2014

Revenue$6,227,379
Expenses$6,365,265
Net Income-$137,886
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 12, 2015
Return Version
2013v4.0
Gross Receipts
$6,227,379
Mission and Program Overview

Mission

The mission of Atlas Preparatory Academy is to provide an educational program which engages our students in learning experiences that meet their academic, social, and emotional needs, in a multicultural environment based on mutual respect.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$399,681$286,919▼ $112,762
Prepaid Expenses and Deferred Charges$287,065$239,039▼ $48,026
Loans From Officers Directors$140,000--
Cash and Non-Interest-Bearing Accounts$18,673$94,539▲ $75,866
Accounts Receivable$134,802$77,664▼ $57,138
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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$840,221$698,161▼ $142,060
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$359,616$478,660▲ $119,044
Mortgage Notes Payable Secured by Investment Property-$16,782-
Total Liabilities$499,616$495,442▼ $4,174
Net Assets / Fund Balance
Unrestricted Net Assets$337,605$202,719▼ $134,886
Temporarily Rstr Net Assets$3,000--
Total Net Assets Fund Balance$340,605$202,719▼ $137,886
Total Liabilities and Net Assets / Fund Balance$840,221$698,161▼ $142,060

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$107,285$865,563$972,848
Equipment$168,015$764,394$932,409
Leasehold Improvements$11,619$184,423$196,042
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michelle G LukacsPres/PrincipalFT$125,000$4,411$129,411
Mark W KruegerVP/Bldg MngmtPT$32,719$4,411$37,130
Gordon G HabermanDirectorPT$18,104-$18,104

Board Members and Trustees

NameTitle
Robert M PlevaDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$10,970
Program Service Revenue
$6,216,409
Investment Income
$0
Other Revenue
$0
All Other Contributions
$10,970
Change in Net Assets
$-137,886

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,072,771
Revenue Not Reported on Financial Statements
$154,608
Revenue Not Reported on Form 990
$20,584
Other Revenue Adjustments
$154,608
Total Revenue per Audited Statements
$6,093,355
Total Revenue per Form 990
$6,227,379
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,300,415
Salaries, Compensation, and Employee Benefits$2,910,242
Grants and Similar Amounts Paid$154,608
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,300,627--$2,300,627
Occupancy$676,015--$676,015
Payroll Taxes$225,680$2,249-$227,929
Other Employee Benefits$227,496--$227,496
Depreciation Depletion$190,879--$190,879
Grants to Domestic Individuals$154,608--$154,608
Current Officers, Directors, Trustees, and Key Employees$121,995$32,195-$154,190
Information Technology$152,858--$152,858
Fees for Services Accounting$80,902$26,967-$107,869
Office Expenses$80,233--$80,233
Insurance$55,178$14,630-$69,808
Fees for Services Other$59,075--$59,075
Advertising$34,483--$34,483
Interest$18,570--$18,570
Other Expenses$18,153--$18,153
Conferences and Meetings$3,779--$3,779
Travel$821--$821
Total Functional Expenses$6,289,224$76,041$0$6,365,265

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$6,365,265
Total Expenses per Audited Statements$6,231,241
Expenses per Audited Statements$6,210,657
Expenses Not Reported on Financial Statements$154,608
Other Expense Adjustments$154,608
Expenses Not Reported on Form 990$20,584
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$140,000--
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
No
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
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 2: Description of Business or Family Relationship of Officers, Directors, Et

“There exists a family relationship between certain officers and directors. There also exists a business relationship between certain officers and directors.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The Form 990 is reviewed in detail before filing with at least one member of the governing body.”

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

“The organization's expenditures are monitored continuously to ascertain the independence of each and every vendor. Related entity purchases are only made when the price is substantially below that which can be obtained on the open market.”

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

“The organization's compensation packages for executive management are proposed and reviewed annually employing comparability data. The deliberation and offers of compensation packages are reviewed by the governing board and are substantiated in the organization's corporate minutes.”

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

“The organization's compensation packages for executive management are proposed and reviewed annually employing comparability data. The deliberation and offers of compensation packages are reviewed by the governing board and are substantiated in the organization's corporate minutes.”

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

“The organization makes its financial policies, IRS Form 1023 (including original governing documents) and IRS Form 990 (containing annual financial information) available to the public upon written request.”

Filing and Contact Details

Filer

EIN
39-2032539
Phone
4143850771

Signing Officer

Name
Michelle G Lukacs
Title
President
Signed
2015-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle G Lukacs
Formed
2001
Legal Domicile
Wi
Voting Board Members
4
Independent Board Members
1
Employees
108

Preparer

Preparer
Steven E Menden CPA
Phone
2622513031
Supplemental Narrative

Financial Statement Notes

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

“School Tuition Waiver Scholarships $154608”

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

“School Tuition Waiver Scholarships $154608”

Raw XML AppendixShowing 400 of 449 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0359616
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0478660
IRS990/AccountsReceivableGrp/BOYAmt0134802
IRS990/AccountsReceivableGrp/EOYAmt077664
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The mission of Atlas Preparatory Academy is to provide an educational program which engages our students in learning experiences that meet their academic, social, and emotional needs, in a multicultural environment based on mutual respect.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ProgramServicesAmt034483
IRS990/AdvertisingGrp/TotalAmt034483
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt010970
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Michelle G Lukacs
IRS990/BooksInCareOfDetail/PhoneNum04143850771
IRS990/BooksInCareOfDetail/USAddress/AddressLine101039 East Russell Avenue
IRS990/BooksInCareOfDetail/USAddress/City0Milwaukee
IRS990/BooksInCareOfDetail/USAddress/State0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCode053207
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt018673
IRS990/CashNonInterestBearingGrp/EOYAmt094539
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt032195
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0121995
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0154190
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03779
IRS990/ConferencesMeetingsGrp/TotalAmt03779
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt010970
IRS990/CYGrantsAndSimilarPaidAmt0154608
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt03300415
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt06216409
IRS990/CYRevenuesLessExpensesAmt0-137886
IRS990/CYSalariesCompEmpBnftPaidAmt02910242
IRS990/CYTotalExpensesAmt06365265
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06227379
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0190879
IRS990/DepreciationDepletionGrp/TotalAmt0190879
IRS990/Desc0Atlas Preparatory Academy, Inc. operated a multi cultural K4 through 12th grade school enrolling an average of 855 full time students with 65 students receiving tuition waiver scholarships and substantially all students qualifying for the Milwaukee Parental Choice Program which provides tuition assistance to low income students and their families.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0108
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExcessBusinessHoldingsInd0false
IRS990/ExpenseAmt04420561
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt026967
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt080902
IRS990/FeesForServicesAccountingGrp/TotalAmt0107869
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt059075
IRS990/FeesForServicesOtherGrp/TotalAmt059075
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt220.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt04411
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt14411
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0Michelle G Lukacs
IRS990/Form990PartVIISectionAGrp/PersonNm1Mark W Krueger
IRS990/Form990PartVIISectionAGrp/PersonNm2Gordon G Haberman
IRS990/Form990PartVIISectionAGrp/PersonNm3Robert M Pleva
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0125000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt132719
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt218104
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0Pres/Principal
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP/Bldg Mngmt
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt0154608
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0154608
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0154608
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt06227379
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0152858
IRS990/InformationTechnologyGrp/TotalAmt0152858
IRS990/InsuranceGrp/ManagementAndGeneralAmt014630
IRS990/InsuranceGrp/ProgramServicesAmt055178
IRS990/InsuranceGrp/TotalAmt069808
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt018570
IRS990/InterestGrp/TotalAmt018570
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01814380
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0399681
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0286919
IRS990/LandBldgEquipCostOrOtherBssAmt02101299
IRS990/LegalDomicileStateCd0WI
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0140000
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The mission of Atlas Preparatory Academy is to provide an educational program which engages our students in learning experiences that meet their academic, social, and emotional needs, in a multicultural environment based on mutual respect.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt016782
IRS990/NetAssetsOrFundBalancesBOYAmt0340605
IRS990/NetAssetsOrFundBalancesEOYAmt0202719
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0676015
IRS990/OccupancyGrp/TotalAmt0676015
IRS990/OfficeExpensesGrp/ProgramServicesAmt080233
IRS990/OfficeExpensesGrp/TotalAmt080233
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0227496
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0227496
IRS990/OtherExpensesGrp/Desc0Student Transportation
IRS990/OtherExpensesGrp/Desc1Nutritional Expenses
IRS990/OtherExpensesGrp/Desc2Temporary Help
IRS990/OtherExpensesGrp/Desc3Classroom Activities
IRS990/OtherExpensesGrp/ProgramServicesAmt01342358
IRS990/OtherExpensesGrp/ProgramServicesAmt1450980
IRS990/OtherExpensesGrp/ProgramServicesAmt294534
IRS990/OtherExpensesGrp/ProgramServicesAmt318153
IRS990/OtherExpensesGrp/TotalAmt01342358
IRS990/OtherExpensesGrp/TotalAmt1450980
IRS990/OtherExpensesGrp/TotalAmt294534
IRS990/OtherExpensesGrp/TotalAmt318153
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02300627
IRS990/OtherSalariesAndWagesGrp/TotalAmt02300627
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02249
IRS990/PayrollTaxesGrp/ProgramServicesAmt0225680
IRS990/PayrollTaxesGrp/TotalAmt0227929
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0287065
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0239039
IRS990/PrincipalOfficerNm0Michelle G Lukacs
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0Fees & Contracts Gov Agencies
IRS990/ProgramServiceRevenueGrp/Desc1School Tuition
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0711720
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15504689
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0711720
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15504689
IRS990/ProgSrvcAccomActy2Grp/Desc0Atlas Preparatory Academy, Inc. operated a subcontracted school student transportation program for all school students living more than two miles from the school with substantially all school students receiving free transportation services.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01342358
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0195716
IRS990/ProgSrvcAccomActy3Grp/Desc0Atlas Preparatory Academy, Inc. operated a subcontracted school student breakfast and lunch food service program serving an average of 855 school children with substantially all school students receiving free or reduced cost meals.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0526305
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0516004
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04176
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0159762
IRS990/PYInvestmentIncomeAmt0700
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt03569713
IRS990/PYProgramServiceRevenueAmt06937109
IRS990/PYRevenuesLessExpensesAmt0-107366
IRS990/PYSalariesCompEmpBnftPaidAmt03319876
IRS990/PYTotalExpensesAmt07049351
IRS990/PYTotalRevenueAmt06941985
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-137886
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05504689
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/DonatedServicesAndUseFcltsAmt020584
IRS990ScheduleD/DonatedServicesUseFcltsAmt020584
IRS990ScheduleD/EquipmentGrp/BookValueAmt0168015
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0764394
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0932409
IRS990ScheduleD/ExpensesNotReportedAmt020584
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0154608
IRS990ScheduleD/ExpensesSubtotalAmt06210657
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt011619
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0184423
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0196042
IRS990ScheduleD/OtherExpensesNotIncludedAmt0154608
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0107285
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0865563
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0972848
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0154608
IRS990ScheduleD/RevenueNotReportedAmt020584
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0154608
IRS990ScheduleD/RevenueSubtotalAmt06072771
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0School Tuition Waiver Scholarships $154608
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1School Tuition Waiver Scholarships $154608
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0286919
IRS990ScheduleD/TotalExpensesPerForm990Amt06365265
IRS990ScheduleD/TotalRevenuePerForm990Amt06227379
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06093355
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06231241
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/ExplanationTxt0A.) Atlas Preparatory Academy, Inc. received $516,004 in reimbursements from the State of Wisconsin's Department of Public Instruction under the National Lunch and Breakfast free and reduced cost meal program for the operation of a subcontracted school student breakfast and lunch food service program which allows low income students to receive free or reduced cost meals.B.) Atlas Preparatory Academy, Inc. received $195,716 in reimbursements from Milwaukee Public Schools for the operation of a subcontracted student transportation program for all students living more than two miles from the school which provides for the safety of the children attending the school.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The publicity requirement of Section 4.03 of Rev. Proc. 75-50, 1975-2 C.B. 587 has been satisfied by complying with Section 4.03(2)(c) of Rev. Proc. 75-50, 1975-2 C.B. 587 which requires compliance with Section 4.02 of Rev. Proc. 75-50, 1975-2 C.B. 587 by a school that customarily draws its students from local communities and follows a racially nondiscriminatory policy as to students. Students of racial minority groups compose substantially the entire student body of the school at all times.
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
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0School Tuition Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0154608
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0School Tuition Waivers
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt065
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0Full Tuition Charges
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Receipients of tuition waiver scholarships are currently enrolled students and thus the use of funds is monitored on a daily basis.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There exists a family relationship between certain officers and directors. There also exists a business relationship between certain officers and directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is reviewed in detail before filing with at least one member of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization's expenditures are monitored continuously to ascertain the independence of each and every vendor. Related entity purchases are only made when the price is substantially below that which can be obtained on the open market.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization's compensation packages for executive management are proposed and reviewed annually employing comparability data. The deliberation and offers of compensation packages are reviewed by the governing board and are substantiated in the organization's corporate minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization's compensation packages for executive management are proposed and reviewed annually employing comparability data. The deliberation and offers of compensation packages are reviewed by the governing board and are substantiated in the organization's corporate minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization makes its financial policies, IRS Form 1023 (including original governing documents) and IRS Form 990 (containing annual financial information) available to the public upon written request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt03000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0840221
IRS990/TotalAssetsEOYAmt0698161
IRS990/TotalAssetsGrp/BOYAmt0840221
IRS990/TotalAssetsGrp/EOYAmt0698161
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt010970
IRS990/TotalEmployeeCnt0108
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt076041
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06289224
IRS990/TotalFunctionalExpensesGrp/TotalAmt06365265
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0499616
IRS990/TotalLiabilitiesEOYAmt0495442
IRS990/TotalLiabilitiesGrp/BOYAmt0499616
IRS990/TotalLiabilitiesGrp/EOYAmt0495442
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0340605
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0202719
IRS990/TotalOtherCompensationAmt08822

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$698,161
Liabilities
$495,442
Net assets
$202,719
Revenue
$6,227,379
Expenses
$6,365,265
Net income
-$137,886
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.63$2.36$4.26$5.75$5.31$0.44
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.81$1.99$3.82$4.51$4.66$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.24$0.27$3.97$5.09$4.23$0.87
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.37$0.27$3.11$5.73$4.14$1.60
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$0.86$1.51$5.67$5.62$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.37$1.39$6.26$5.82$0.44
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.40$0.94$6.05$5.62$0.43
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.39$0.51$6.04$5.94$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.53$0.41$6.38$6.69$0.32
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.22$0.49$0.73$7.05$6.53$0.52
2014Detailed filing. Detailed filing data is available for this year.$0.70$0.50$0.20$6.23$6.37$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.50$0.34$6.94$7.05$0.11
2012Summary only. Only limited summary data is available for this year.$0.81$0.36$0.45$7.15$7.14$0.01
2011Summary only. Only limited summary data is available for this year.$0.79$0.35$0.44$7.03$6.70$0.33