2024-04-09T15:28:12-05:00 2023-06-30 390758449 WIPFLI LLP 170 N RADNOR-CHESTER RD SUITE 200 RADNOR PA 19087 990 2022-07-01 391974865 THE MILWAUKEE SCIENCE EDUCATION CONSORTIUM INC MILW 4149330302 2000 W KILBOURN AVENUE MILWAUKEE WI 53233 WILLIAM SCHOYER TREASURER 4149330302 2024-04-03 1 WILLIAM SCHOYER 999009999 0 SOLOMON MARDAKHAEV P01806552 6105653930 2024-03-27 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MILWAUKEE ACADEMY OF SCIENCE ANTHONY MCHENRY 2000 W KILBOURN AVENUE MILWAUKEE WI 53233 23000562 0 X WWW.MILWAUKEEACADEMYOFSCIENCE.ORG X 1999 WI THE MISSION OF THE MILWAUKEE ACADEMY OF SCIENCE, AN EXEMPLARY LEADER IN STEM EDUCATION, IS TO GRADUATE URBAN STUDENTS PREPARED TO COMPETE SUCCESSFULLY AT THE POST-SECONDARY LEVEL. 20 20 224 45 0 0 18456412 17898394 37519 37318 6532 170084 200701 4809968 18701164 22915764 0 0 0 0 9183191 11166266 0 0 324208 7493226 12185561 16676417 23351827 2024747 -436063 22408763 31787732 12957016 22772048 9451747 9015684 X THE MISSION OF THE MILWAUKEE ACADEMY OF SCIENCE, AN EXEMPLARY LEADER IN INNOVATIVE SCIENCE EDUCATION THAT MAXIMIZES THE POTENTIAL OF EACH YOUNG MIND, IS TO GRADUATE URBAN STUDENTS PREPARED TO COMPETE SUCCESSFULLY IN SCIENCE AT THE POST-SECONDARY LEVEL, BY PROVIDING A RIGOROUS 21ST CENTURY CURRICULUM TAUGHT BY MASTER EDUCATORS IN COLLABORATION WITH STUDENTS, FAMILIES, STAFF, AND THE COMMUNITY. 0 0 21139694 0 37318 THE ORGANIZATION OPERATES A K4-12 COLLEGE PREPARATORY SCHOOL IN MILWAUKEE, WISCONSIN WITH A CURRICULUM FOCUSED ON SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH. FOR THE YEAR ENDED JUNE 30, 2023, THE SCHOOL SERVED AN AVERAGE OF 1,400 STUDENTS. 21139694 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 198 0 224 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 WI X PAT CORNETT 4149330302 2000 W KILBOURN AVENUE MILWAUKEE WI 53233 BILL REITMAN BOARD CHAIR 1.00 X X 0 0 0 KATHRYN KUHN VICE CHAIR 1.00 X X 0 0 0 WILLIAM SCHOYER TREASURER 1.00 X X 0 0 0 COREY SMITH SECRETARY 1.00 X X 0 0 0 ENRIQUE T BRECEDA BOARD MEMBER (THRU AUG 2022) 1.00 X 0 0 0 JENNIFER BOLGER BRECEDA BOARD MEMBER 1.00 X 0 0 0 CLAVON BYRD BOARD MEMBER 1.00 X 0 0 0 RYAN DANIELS BOARD MEMBER 1.00 X 0 0 0 KAREN FRIEDLEN BOARD MEMBER 1.00 X 0 0 0 JEAN HOSSENLOPP BOARD MEMBER 1.00 X 0 0 0 FREDERICK JACKSON BOARD MEMBER 1.00 X 0 0 0 DANIEL JESSUP BOARD MEMBER 1.00 X 0 0 0 JENNIFER JETER BOARD MEMBER 1.00 X 0 0 0 JOHN LINNEN BOARD MEMBER (THRU AUG 2022) 1.00 X 0 0 0 KEVIN MALANEY BOARD MEMBER 1.00 X 0 0 0 JOHN RAYMOND MD BOARD MEMBER 1.00 X 0 0 0 STEVE RICHMAN BOARD MEMBER 1.00 X 0 0 0 AJAY SAHAJPAL BOARD MEMBER 1.00 X 0 0 0 JAY SANDLOW MD BOARD MEMBER 1.00 X 0 0 0 I UMUNNAH BOARD MEMBER (THRU AUG 2022) 1.00 X 0 0 0 SHARONDA WILLIAMS BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER LAYDEN FORMER BOARD CHAIR 1.00 X 0 0 0 KEELEY HAYES BOARD MEMBER 1.00 X 0 0 0 ANTHONY MCHENRY CHIEF EXECUTIVE OFFICER 60.00 X 159243 0 11721 PAT CORNETT CHIEF FINANCIAL OFFICER 60.00 X 100891 0 10350 260134 0 22071 2 0 1 0 RITEWAY BUS SERVICE PO BOX 88717 MILWAUKEE WI 532880717 TRANSPORATION SERVICES 1286700 ASSOCIATED BUILDNG MAINTENANCE PO BOX 240337 MILWAUKEE WI 53224 JANITORIAL SERVICES 749194 A'VIANDS PO BOX 743357 ATLANTA GA 30374 FOOD SERVICE 651673 DIRTY DUCTS 3025 PERRY ST MADISON WI 53713 ASBESTOS ABATEMENT 444800 CITY OF MILWAUKEE 1618 W WELLS ST ITL - MARQUETTE UN MILWAUKEE WI 53233 CHARTER FEES 239382 5 277643 16817476 803275 19603 17898394 UNIFORM SALES AND OTHER FEES 611110 37318 37318 37318 170084 170084 84798 277643 84798 0 INSURANCE PROCEEDS FROM WATER DAM 900099 4640498 4640498 FEE FOR SERVICE 611110 169470 169470 4809968 22915764 37318 0 4980052 310162 181047 129115 8968490 8757850 210640 2487 2246 241 1234493 1156138 41633 36722 650634 612831 37561 242 2116124 1180564 919974 15586 5979 5979 153108 13433 135700 3975 169284 115770 53514 1149563 1085528 61217 2818 14040 460 6266 7314 764752 726514 38238 547326 519960 27366 1181 1181 REPAIRS & MAINTENANCE 4786043 4727757 41658 16628 STUDENT TRANSPORTATION 1455089 1455089 CURRICULUM MATERIALS 531052 530485 567 CHARTER FEE 246144 246144 245876 74022 147791 24063 23351827 21139694 1887925 324208 335647 434120 5966068 3791686 1650619 2493411 11718 15081 92547 183955 19604071 6023791 12595686 13580280 1756478 947418 0 10341781 22408763 31787732 1240529 1757435 6915 10765 9756323 21003848 1953249 12957016 22772048 X 8561980 8330565 889767 685119 9451747 9015684 22408763 31787732 -436063 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 300000 300000 18746572 5578810 13167762 557499 444981 112518 13580280 BOND REFINANCE ESCROW 10341781 10341781 X 23000562 84798 84798 22915764 0 22915764 23436624 84798 84798 23351826 0 23351826 PART X, LINE 2: THE SCHOOL RECOGNIZES THE BENEFITS OF A TAX POSITION ONLY AFTER DETERMINING WHETHER IT IS MORE LIKELY THAN NOT THAT A TAXING AUTHORITY WOULD SUSTAIN THE TAX POSITION UPON EXAMINATION OF THE TECHNICAL MERITS OF THE TAX POSITION, ASSUMING THE TAXING AUTHORITY HAS THE FULL KNOWLEDGE OF ALL INFORMATION. THE SCHOOL RECORDED NO ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 84,798. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 84,798. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION SERVES A PREDOMINANTLY MINORITY STUDENT BODY. APPROXIMATELY 98% OF THE STUDENTS ENROLLED ARE AFRICAN AMERICAN. THE ORGANIZATION MUST COMPLY WITH STATE NONDISCRIMINATION LAWS TO QUALIFY AS A PUBLIC CHARTER SCHOOL. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FUNDING FROM THE STATE OF WISCONSIN AS PROVIDED FOR IN THE CHARTER SCHOOL CONTRACT ENTERED INTO UNDER CHAPTER 181 OF THE WISCONSIN STATUTES. THE SCHOOL OPERATES UNDER THE AUTHORITY OF THE CITY OF MILWAUKEE. ANNUAL GALA 286994 225989 61005 39000 22005 GOLF OUTING 75447 51654 23793 19904 3889 362441 277643 84798 58904 25894 84798 0 X X 0 0 0 0 0 0 0 1 0 ANTHONY MCHENRY CHIEF EXECUTIVE OFFICER 144447 0 14000 0 796 0 2903 0 8818 0 170964 0 0 0 PART I, LINE 7 ANTHONY MCHENRY RECEIVED A PAYMENT OF $14,000 BASED UPON THE SCHOOL'S ANNUAL PERFORMANCE FOR THE YEAR. THIS AMOUNT IS REFLECTED IN SCHEDULE J, PART II, COLUMN B(II). A REDEVELOPMENT AUTHORITY OF THE CITY OF MILWAUKEE 2013-11-19 11010000 RETIRES SERIES 2005 BONDS, FUND DEBT SERVIES RESERVE, PAY BOND COSTS 0 0 0 B WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORITY 2023-06-22 11985000 REFINANCED 2013 SERIES BONDS 0 0 0 A 11010000 662122 10347878 2013 1 0 1 1 B 11985000 717676 11126734 2023 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 1 A 0 ASSOCIATED BUILDING MAINTENANCE ENTITY MORE THAN 35% OWNED BY COREY SMITH, BOARD SECRETARY 749194 JANITORIAL SERVICES PROVIDED BY ASSOCIATED BUILDING MAINTENANCE. 0 FORM 990, PART VI, SECTION B, LINE 11B THE COPY OF THE FORM 990 IS ELECTRONICALLY PROVIDED TO BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR SHALL DISCLOSE TO THE BOARD OF DIRECTORS ANY CONFLICT OF INTEREST OR POSSIBLE CONFLICT OF INTEREST WHENEVER THE CONFLICT PERTAINS TO A MATTER BEING CONSIDERED BY THE BOARD. ANY DIRECTOR HAVING A CONFLICT OF INTEREST ON ANY MATTER SHALL ABSTAIN FROM VOTING ON THE MATTER BUT MAY BE COUNTED IN DETERMINING THE QUORUM FOR THE VOTE ON THE MATTER. IN ADDITION, HE OR SHE SHALL NOT USE HIS OR HER PERSONAL INFLUENCE ON THE MATTER, BUT MAY BRIEFLY STATE HIS OR HER POSITION ON THE MATTER AND MAY ANSWER PERTINENT QUESTIONS FROM OTHER DIRECTORS SINCE HIS OR HER KNOWLEDGE MAY BE OF GREAT ASSISTANCE. THE MINUTES OF THE MEETING INVOLVING ANY SUCH SITUATION SHALL REFLECT AT LEAST THE FOLLOWING: A) THAT A CONFLICT EXISTED; B) THAT A DISCLOSURE WAS MADE REGARDING THE CONFLICT; C) THAT THE DIRECTOR WITH THE CONFLICT ABSTAINED FROM VOTING; AND D) WHETHER OR NOT A QUORUM EXISTED. IF A DIRECTOR IS UNCERTAIN AS TO WHETHER HE OR SHE HAS A DUALITY OR CONFLICT OF INTEREST WHICH REQUIRES ABSTENTION, OR IF A DIRECTOR ASSERTS THAT ANOTHER DIRECTOR HAS SUCH A DUALITY OR CONFLICT, THE BOARD, BY MAJORITY VOTE OF THOSE PRESENT OTHER THAN THE DIRECTOR HAVING THE POSSIBLE CONFLICT, SHALL DECIDE WHETHER ABSTENTION IS REQUIRED. IF SO, THE DIRECTOR WILL BE DEEMED TO HAVE ABSTAINED. THE CEO, CFO, AND BOARD CHAIR ARE RESPONSIBLE FOR MONITORING. FORM 990, PART VI, SECTION B, LINE 15 DETERMINED BY EXECUTIVE COMMITTEE OF THE BOARD. COMPARABILITY STUDIES OF OTHER CHARTER SCHOOLS PAY USING THEIR FORM 990 FOR CEO, CFO AND CAO IS CONDUCTED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR INSPECTION AT THE ORGANIZATION'S FACILITY.