Civic Intelligence

Wheaton Academy Institute

990 • Fiscal year 2018 • EIN 47-4967070

Sep 01, 2017 to Aug 31, 2018 • Filed on Apr 02, 2019

Organization ProfileN/A
900 Prince Crossing RoadWest Chicago, IL 60185

(630) 562-7500

Siviq Scores

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

Liabilities / Assets

100th percentile

220.63x

Higher debt load relative to assets than 100% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

54th percentile

0.11x

Higher debt load relative to revenue than 54% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

44th percentile

1.2%

Higher net margin than 44% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

72nd percentile

$108,054

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

1st percentile

-99%

Faster asset growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

12th percentile

-24%

Faster revenue growth than 12% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$594

Down $75,635 (-99%) from 2017

Net Assets

Up

-$130,458

Up $14,389 (+9.9%) from 2017

Liabilities

Down

$131,052

Down $90,024 (-41%) from 2017

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin44th percentile

Revenue

Down

$1,160,881

Down $364,746 (-24%) from 2017

Expenses

Down

$1,146,492

Down $412,145 (-26%) from 2017

Net Income

Up

$14,389

Up $47,399 (+144%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$600K$400K$200K$0-$200KAssets 2015: $1Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $171,465Liabilities 2016: $283,302Net Assets 2016: -$111,8372016Assets 2017: $76,229Liabilities 2017: $221,076Net Assets 2017: -$144,8472017Assets 2018: $594Liabilities 2018: $131,052Net Assets 2018: -$130,4582018Assets 2019: $933Liabilities 2019: $77,215Net Assets 2019: -$76,2822019Assets 2020: $27,107Liabilities 2020: $199,169Net Assets 2020: -$172,0622020Assets 2021: $107,120Liabilities 2021: $43,664Net Assets 2021: $63,4562021Assets 2022: $138,158Liabilities 2022: $73,030Net Assets 2022: $65,1282022Assets 2023: $85,265Liabilities 2023: $89,400Net Assets 2023: -$4,1352023Assets 2024: $271,337Liabilities 2024: $406,211Net Assets 2024: -$134,8742024

Highlighted filing

2018

Assets$594
Liabilities$131,052
Net Assets-$130,458
Open 2018 Filing

Operations Trend

Revenue Growth12th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $1,892,374Expenses 2016: $2,004,211Net Income 2016: -$111,8372016Revenue 2017: $1,525,627Expenses 2017: $1,558,637Net Income 2017: -$33,0102017Revenue 2018: $1,160,881Expenses 2018: $1,146,492Net Income 2018: $14,3892018Revenue 2019: $1,026,991Expenses 2019: $972,815Net Income 2019: $54,1762019Revenue 2020: $295,481Expenses 2020: $391,261Net Income 2020: -$95,7802020Revenue 2021: $535,929Expenses 2021: $300,411Net Income 2021: $235,5182021Revenue 2022: $377,282Expenses 2022: $375,610Net Income 2022: $1,6722022Revenue 2023: $367,411Expenses 2023: $436,674Net Income 2023: -$69,2632023Revenue 2024: $277,752Expenses 2024: $408,491Net Income 2024: -$130,7392024

Highlighted filing

2018

Revenue$1,160,881
Expenses$1,146,492
Net Income$14,389
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Apr 2, 2019
Return Version
2017v2.3
Gross Receipts
$1,160,881
Mission and Program Overview

Mission

The Wheaton Academy Institute operates an international student program. The Institute runs various programs to assist international students to prepare for their American studies; which include the Wheaton Academy Global Network and placement program and the supporting programs including the Summer English Institute (SEI) and the Best Practice Conference (BPC).

Operating an international student program

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$94$594▲ $500
Other Assets Total$76,135$0▼ $76,135
Total Assets$76,229$594▼ $75,635
Liabilities
Accounts Payable and Accrued Expenses$178,697$90,555▼ $88,142
Deferred Revenue$36,379$30,568▼ $5,811
Other Liabilities$0$7,915▲ $7,915
Escrow Account Liability$6,000$2,014▼ $3,986
Total Liabilities$221,076$131,052▼ $90,024
Net Assets / Fund Balance
Unrestricted Net Assets$-144,847$-130,458▲ $14,389
Total Net Assets Fund Balance$-144,847$-130,458▲ $14,389
Total Liabilities and Net Assets / Fund Balance$76,229$594▼ $75,635
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Benjamin EulerWanet DirectorFT$94,436$13,618$108,054

Board Members and Trustees

NameTitle
Doug FranklinPresident
Don AdamsVice President
Mac AirhartDirector
Steve PearsonDirector
T D DeckerSecretary
Kurt FritzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,160,881
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$14,389

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,012,018
Revenue Not Reported on Financial Statements
$148,863
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$148,863
Total Revenue per Audited Statements
$1,012,018
Total Revenue per Form 990
$1,160,881
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$676,825
Salaries, Compensation, and Employee Benefits$320,804
Grants and Similar Amounts Paid$148,863
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$243,641--$243,641
Foreign Grants$148,863--$148,863
Other Salaries and Wages$115,413--$115,413
Current Officers, Directors, Trustees, and Key Employees$108,054--$108,054
Advertising$72,732--$72,732
Comp Disqual Persons$71,807--$71,807
Fees for Services Other$45,242--$45,242
Office Expenses$22,805--$22,805
Payroll Taxes$21,617--$21,617
All Other Expenses$16,702--$16,702
Insurance$15,469--$15,469
Other Expenses$12,876--$12,876
Other Employee Benefits$3,087--$3,087
Pension Plan Contributions$826--$826
Total Functional Expenses$1,146,492$0$0$1,146,492

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,146,492
Expenses per Audited Statements$997,629
Total Expenses per Audited Statements$997,629
Expenses Not Reported on Financial Statements$148,863
Other Expense Adjustments$148,863
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
8
Spending
$231,330

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Scholarships-00$102,063
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Commissions-08$47,250
Central America and the CaribbeanScholarships-00$45,200
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Travel, Marketing-00$35,217
Sub-saharan AfricaScholarships-00$1,600
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
T D DeckerBoard SecretaryConsulting FeesNo$24,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$7,915
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The organization does not have any sub-committees.”

Form 990, Part VI, Section B, Line 11B

“NO REVIEW IS CONDUCTED.”

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

“Annual signing of conflict of interest document”

Form 990, Part VI, Section C, Line 19

“All governing documents are made available upon request via email or hard copy.”

Filing and Contact Details

Filer

Filer Name
Wheaton Academy Institute
EIN
47-4967070
Phone
6305627500
Address
900 PRINCE CROSSING ROAD, WEST CHICAGO, IL 60185

Signing Officer

Name
Doug Franklin
Title
President
Phone
6305627500
Signed
2019-04-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Franklin
Formed
2015
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
3

Preparer

Firm
DUGAN & LOPATKA CPA'S PC
Address
4320 WINFIELD ROAD SUITE 450, WARRENVILLE, IL 60555-4036
Preparer
Hugh Elliott
Phone
6306654440
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Speaker: program service expenses 21,242. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,242. Consulting: program service expenses 24,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 24,000.”

Form 990, Part IX, Line 24E

“Hospitality: program service expenses 11,768. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,768. Supplies: program service expenses 4,934. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,934.”

FORM 990, PART XII, LINE 2C:

“The process has not changed from the previous year”

Financial Statement Notes

PART IV, LINE 2B:

“The institute receives tuition funds from international students through its wanet program and disburses the funds to the us educational institute that the student attends.”

PART X, LINE 2:

“The institute files informational returns in the u.s. Federal jurisdiction, illinois and california. With few exceptions, the institute is no longer subject to u.s. Federal, state and local, or non-u.s. Income tax examinations by tax authorities for years before 2015. The institute does not expect a material net change in unrecognized tax benefits in the next twelve months.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“SCHOLARSHIPS 148,863.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“SCHOLARSHIPS 148,863.”

Raw XML AppendixShowing 400 of 520 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.

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IRS990/PYTotalRevenueAmt01525627
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt014389
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01097341
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0362388793
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0WHEATON ACADEMY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0148863
IRS990ScheduleD/ExpensesSubtotalAmt0997629
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/OtherExpensesNotIncludedAmt0148863
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07915
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0148863
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0148863
IRS990ScheduleD/RevenueSubtotalAmt01012018
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INSTITUTE RECEIVES TUITION FUNDS FROM INTERNATIONAL STUDENTS THROUGH ITS WANET PROGRAM AND DISBURSES THE FUNDS TO THE US EDUCATIONAL INSTITUTE THAT THE STUDENT ATTENDS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE INSTITUTE FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, ILLINOIS AND CALIFORNIA. WITH FEW EXCEPTIONS, THE INSTITUTE IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL, OR NON-U.S. INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2015. THE INSTITUTE DOES NOT EXPECT A MATERIAL NET CHANGE IN UNRECOGNIZED TAX BENEFITS IN THE NEXT TWELVE MONTHS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SCHOLARSHIPS 148,863.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3SCHOLARSHIPS 148,863.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01146492
IRS990ScheduleD/TotalLiabilityAmt07915
IRS990ScheduleD/TotalRevenuePerForm990Amt01160881
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01012018
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0997629
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt28
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt30
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt40
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt30
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt40
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0102063
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt135217
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt247250
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt345200
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt41600
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3CENTRAL AMERICA AND THE CARIBBEAN
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt4SUB-SAHARAN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0SCHOLARSHIPS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1TRAVEL, MARKETING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2COMMISSIONS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3SCHOLARSHIPS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt4SCHOLARSHIPS
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt0TUITION REDUCTION
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt1TUITION REDUCTION
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt2TUITION REDUCTION
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt045200
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt1102063
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt21600
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt07
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt177
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt22
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0CENTRAL AMERICA AND THE CARIBBEAN
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt2SUB-SAHARAN AFRICA
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0SCHOLARSHIPS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1SCHOLARSHIPS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt2SCHOLARSHIPS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc1FMV
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc2FMV
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt08
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0231330
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0BUDGET PREPARED FOR A CERTAIN AMOUNT OF SCHOLARSHIPS OR DISCOUNTS TO BE AVAILABLE TO STUDENTS AND DISTRIBUTED BASED ON NEED THROUGHOUT THE YEAR
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/TotalEmployeeCnt08
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0231330
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0T D DECKER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD SECRETARY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt024000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CONSULTING FEES
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY SUB-COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW IS CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL SIGNING OF CONFLICT OF INTEREST DOCUMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST VIA EMAIL OR HARD COPY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SPEAKER: PROGRAM SERVICE EXPENSES 21,242. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,242. CONSULTING: PROGRAM SERVICE EXPENSES 24,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5HOSPITALITY: PROGRAM SERVICE EXPENSES 11,768. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,768. SUPPLIES: PROGRAM SERVICE EXPENSES 4,934. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,934.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0WHEATON ACADEMY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WHEATON ACADEMY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1WHEATON ACADEMY FOUNDATION

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$594
Liabilities
$131,052
Net assets
-$130,458
Revenue
$1,160,881
Expenses
$1,146,492
Net income
$14,389
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.27$0.41$0.13$0.28$0.41$0.13
2023Detailed filing. Detailed filing data is available for this year.$0.09$0.09$0.00$0.37$0.44$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.14$0.07$0.07$0.38$0.38$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.11$0.04$0.06$0.54$0.30$0.24
2020Detailed filing. Detailed filing data is available for this year.$0.03$0.20$0.17$0.30$0.39$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.08$0.08$1.03$0.97$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.13$0.13$1.16$1.15$0.01
2017Summary only. Only limited summary data is available for this year.$0.08$0.22$0.14$1.53$1.56$0.03
2016Summary only. Only limited summary data is available for this year.$0.17$0.28$0.11$1.89$2.00$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
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