2025-01-27T16:16:03-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2023-07-01 390806363 WAYLAND ACADEMY WAYL 9203562120 101 N UNIVERSITY AVE BEAVER DAM WI 53916 DAVID ARMSTRONG CFO 9203562120 2025-01-27 1 1 LAURA SCHWEITZER CPA P01760010 6086628600 2025-01-27 2023 2025-03-06 01:10:19Z DAVID ARMSTRONG 101 N UNIVERSITY AVE BEAVER DAM WI 53916 8856477 0 X WWW.WAYLAND.ORG X 1855 WI WAYLAND ACADEMY PREPARES EACH STUDENT FOR COLLEGE AND BEYOND THROUGH A LIBERAL ARTS CURRICULUM AND CAMPUS PROGRAMS DEVOTED TO THE PURSUIT OF KNOWLEDGE AND THE DEVELOPMENT OF CHARACTER. 19 19 61 110 0 0 3315619 2190736 3575878 4842878 420147 493158 -8409 -3061 7303235 7523711 0 0 0 0 3575634 3817992 0 0 640602 4530762 4815144 8106396 8633136 -803161 -1109425 41129159 42889581 6074308 6030786 35054851 36858795 WAYLAND ACADEMY PREPARES EACH STUDENT FOR COLLEGE AND BEYOND THROUGH A LIBERAL ARTS CURRICULUM AND CAMPUS PROGRAMS DEVOTED TO THE PURSUIT OF KNOWLEDGE AND THE DEVELOPMENT OF CHARACTER. 0 0 6490093 4849079 WAYLAND ACADEMY IS A COEDUCATIONAL COLLEGE PREPARATORY BOARDING AND DAY SCHOOL FOR STUDENTS IN GRADES 9 TO 12. AT WAYLAND ACADEMY, WE PREPARE EACH STUDENT FOR COLLEGE AND BEYOND THROUGH A LIBERAL ARTS CURRICULUM AND CAMPUS PROGRAMS DEVOTED TO THE PURSUIT OF KNOWLEDGE AND THE DEVELOPMENT OF CHARACTER. FOR THE 2023-2024 ACADEMIC YEAR, 194 STUDENTS REPRESENTED 32 COUNTRIES AND 10 STATES WERE ENROLLED AT WAYLAND ACADEMY. 6490093 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 18 0 1 61 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X DAVID ARMSTRONG 8203562120 101 N UNIVERSITY AVE BEAVER DAM WI 53916 SHELLEY GREENWOOD BOARD CHAIR 2.00 X X 0 0 0 DOTTIE JUNG VICE CHAIR 2.00 X X 0 0 0 PETER SENSENBRENNER TREASURER 2.00 X X 0 0 0 MICHAEL VANHAREN SECRETARY 2.00 X X 0 0 0 DAVID LARSON TRUSTEE 2.00 X 0 0 0 ELIZABETH PARKER TRUSTEE 1.00 X 0 0 0 BETHANN VAUBEL TRUSTEE 1.00 X 0 0 0 BURNETT SULLIVAN TRUSTEE 1.00 X 0 0 0 ONNIE LEACH SMITH TRUSTEE 1.00 X 0 0 0 ROSINA SAMADANI TRUSTEE 1.00 X 0 0 0 PETE PATTERSON TRUSTEE 1.00 X 0 0 0 PATRICIA MARTIN TRUSTEE 1.00 X 0 0 0 WILLIAM LUEDKE TRUSTEE 1.00 X 0 0 0 JOHN MILLER TRUSTEE 1.00 X 0 0 0 JAMES JANIK TRUSTEE 1.00 X 0 0 0 JENNIFER WIRTZ TRUSTEE 1.00 X 0 0 0 ELIZABETH WALLMAN TRUSTEE 1.00 X 0 0 0 RANDALL HARRIS II TRUSTEE 1.00 X 0 0 0 WALTER BURTIS TRUSTEE 1.00 X 0 0 0 DAVID ARMSTRONG CHIEF FINANCIAL OFFICER 40.00 X 143065 0 28041 JASON WARNICK HEAD OF SCHOOL 40.00 X 253300 0 31848 CAROLYN AHLBORN DIRECTOR OF ADVANCEMENT 40.00 X 118725 0 6403 515090 0 66292 3 0 1 0 THE BOLDT COMPANY BIN 88285 MILWAUKEE WI 532880285 CONSTRUCTION SERVICES 1000000 INTER-QUEST 304 S SPRING STREET BEAVER DAM WI 53916 TECH SERVICES 275588 JF LOPEZ ROOFING PO BOX 497 FOND DU LAC WI 54936 ROOFING SERVICES 127000 4 259699 1931037 573573 2190736 TUITION AND FEES 611110 4395116 4395116 STUDENT FEES 611110 241091 241091 TRANSPORTATION 611710 40716 40716 ACADEMIC TESTING 611710 19364 19364 CAMP REVENUE 611710 11000 11000 135591 135591 4842878 497882 497882 1191595 18436 1191589 23166 6 -4730 -4724 -4724 87319 259699 109560 -22241 -22241 13600 621 12979 12979 14031 7830 6201 6201 7523711 4849079 0 483896 X 431368 431368 2659920 1924403 346658 388859 124405 90763 15302 18340 400802 282170 61615 57017 201497 127999 47634 25864 339 339 36158 36158 41676 41676 1788394 1654494 133610 290 24525 16941 7584 496485 388760 51797 55928 234358 215674 17396 1288 524486 482672 38932 2882 213387 179991 15984 17412 130381 21588 50277 58516 23016 21182 1708 126 761083 700405 56495 4183 226688 208615 16827 1246 EQUIPMENT REPAIRS 185170 173709 11461 BAD DEBT EXPENSE 73849 73849 DUES AND SUBSCRIPTIONS 55149 17668 36414 1067 8633136 6490093 1502441 640602 170584 181518 1729836 541219 616403 590511 93434 189399 3998 212265 107149 32588308 15506145 16452309 17082163 223191 218984 21631137 23974640 41129159 42889581 129699 112995 2112833 2420221 3654777 3348685 176999 148885 6074308 6030786 X 9292363 9683697 25762488 27175098 35054851 36858795 41129159 42889581 X -1109425 2814859 98510 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33398 X X 0 20378245 29100 3221979 1165617 14880 22448827 19440550 210582 2415737 1631594 57030 20378245 23469408 205844 -2551926 1620000 62776 19440550 18543940 210832 5429268 660000 54632 23469408 19430190 245261 482875 1565944 48442 18543940 0.00973 0.82827 0.16200 0 0 954414 954414 28412744 12689466 15723278 3221150 2816679 404471 17082163 BENEFICIAL INTEREST IN PERPETUAL TR 931551 CASH SURRENDER VALUE OF LIFE INSURA 72403 INSTITUTIONALLY MANAGED FUNDS 22259118 BENEFICIAL INTERESTS IN CHARITABLE 633265 COLLECTIBLES 33398 RIGHT OF USE ASSET, NET 44905 23974640 CLUB DUES 33618 FUTURE ANNUITY PAYMENTS 70362 LEASE LIABILITY 44905 148885 10393602 2814859 106340 2921199 7472403 41676 9632 51308 7523711 8589658 7830 7830 8581828 41676 9632 51308 8633136 PART III, LINE 1A: THERE ARE TWO COLLECTIONS, ONE IS INCLUDED ON THE FINANCIALS AND ONE IS NOT. THE COLLECTION ITEMS INCLUDE A WORK OF ART THAT IS HELD FOR PUBLIC EXHIBITION IN THE COURTYARD OF THE CAMPUS, AN ART COLLECTION, LACE AND NAVAJO RUGS KEPT INSIDE THE SCHOOL. THE WORK OF ART HELD FOR PUBLIC EXHIBITION IN THE COURTYARD IS NOT REPORTED ON THE FINANCIAL STATEMENTS. THAT WORK OF ART WAS RECEIVED IN OCTOBER 2007 AND HAD AN APPRAISED VALUE OF APPROXIMATELY $31,000 AT THE TIME OF DONATION. THE ART COLLECTION, LACE AND NAVAJO RUGS ARE INCLUDED ON THE BALANCE SHEET AT $33,398. THESE COLLECTIBLE ITEMS ARE NOT SUBJECT TO ANY RESTRICTIONS BY THE DONORS. PART III, LINE 4: THE ACADEMY'S COLLECTION ITEMS ARE WORKS OF ART THAT ARE HELD FOR PUBLIC EXHIBITION. THE ART BEAUTIFIES THE CAMPUS FOR STUDENTS, PARENTS, PROSPECTIVE STUDENTS, AND OTHER VISITORS. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE PRIMARILY USED TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS ATTENDING WAYLAND ACADEMY. PART XI, LINE 2D - OTHER ADJUSTMENTS: OTHER CHANGES IN NET ASSETS 98,510. COST OF GOODS SOLD 7,830. PART XI, LINE 4B - OTHER ADJUSTMENTS: NON-CASH DONATIONS TO ORG NOT RECORDED 9,632. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 7,830. PART XII, LINE 4B - OTHER ADJUSTMENTS: NON-CASH DONATIONS TO ORG NOT RECORDED 9,632. 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 ACADEMY'S RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED IN ALL ADVERTISING PUBLISHED IN NEWSPAPERS OF GENERAL CIRCULATION. SCHEDULE E, PART I, LINE 6 WISCONSIN EQUITABLE RECOVERY GRANT SPRING GALA & AUCTION 314445 243764 70681 2539 57247 3504 23728 7351 GOLF OUTING 30035 13396 16639 100 5145 6529 3203 215 344480 257160 87320 2639 62392 10033 26931 7566 109561 -22241 X 1 1 X X 0 0 0 0 0 0 0 0 0 JASON WARNICK HEAD OF SCHOOL 222225 0 10000 0 21075 0 9994 0 21854 0 285148 0 0 0 DAVID ARMSTRONG CHIEF FINANCIAL OFFICER 143065 0 0 0 0 0 7153 0 20888 0 171106 0 0 0 PART I, LINE 1A JASON WARNICK, HEAD OF SCHOOL, RECEIVED HOUSING AND UTILITIES PROVIDED BY WAYLAND ACADEMY OF $21,075 FOR THE CALENDAR YEAR. HOUSING ALLOWANCE IS NOT INCLUDED ON HIS W-2 INCOME AS IT IS A REQUIREMENT OF HIS EMPLOYMENT TO LIVE ON CAMPUS. X 15 3616 DONOR PROVIDED VALUE X 2109 DONOR PROVIDED VALUE X 9233 DONOR PROVIDED VALUE X 18 504859 FMV X 3 145 DONOR PROVIDED VALUE X ENTERTAINMENT/TICKETS 68 38957 DONOR PROVIDED VALUE X GIFT BASKETS 38 7377 DONOR PROVIDED VALUE X MISCELLANEOUS ITEMS 4 3608 DONOR PROVIDED VALUE X FOOD 23 2669 DONOR PROVIDED VALUE X BIKE 1 1000 DONOR PROVIDED VALUE 0 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS IS BEING LISTED. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR, VICE CHAIR, ALL STANDING COMMITTEE CHAIRS, THE TREASURER AND THE SECRETARY OF THE BOARD. WHEN THE BOARD IS NOT IN SESSION, THE EXECUTIVE COMMITTEE OVERSEES THE MANAGEMENT OF ALL OF THE AFFAIRS OF WAYLAND ACADEMY. FORM 990, PART VI, SECTION A, LINE 8B THE ACADEMY DOCUMENTS ALL MEETINGS HELD AND ACTIONS UNDERTAKEN BY THE GOVERNING BODY. MINUTES OF MEETINGS HELD BY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY ARE GENERALLY NOT TAKEN. MEMBERS OF THESE COMMITTEES ARE GENERALLY ALSO MEMBERS OF THE GOVERNING BODY AND ACTIONS UNDERTAKEN BY THESE COMMITTEES ARE REPORTED TO THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT/FINANCIAL COMMITTEE, THE HEAD OF SCHOOL, AND THE CHIEF FINANCIAL OFFICER BEFORE THE RETURN IS FILED WITH THE IRS. THE FULL BOARD SHALL RECEIVE A COPY OF THE FORM 990 PRIOR TO ITS IRS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND OFFICERS ARE REQUIRED TO VERBALLY DISCLOSE ALL CONFLICTS OF INTEREST AT EACH QUARTERLY MEETING AND ARE ANNUALLY REQUIRED TO SIGN CONFLICT OF INTEREST DISCLOSURE STATEMENTS. IF A CONFLICT ARISES, THAT TRUSTEE RECUSES HIM/HERSELF FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIRPERSON MEETS WITH THE ACADEMY'S HEAD OF SCHOOL ANNUALLY TO DISCUSS HIS PERFORMANCE EVALUATION AND COMPENSATION PACKAGE. COMPARABILITY DATA IS OBTAINED BUT IS NOT SOLELY UTILIZED IN DETERMINING THE COMPENSATION PACKAGE. THE FINANCIAL ABILITY OF THE ACADEMY TO PAY APPROPRIATE COMPENSATION IS A MAJOR FACTOR IN DETERMINING THE COMPENSATION PACKAGE. A WRITTEN CONTRACT IS SIGNED BY THE CHAIRPERSON AND THE HEAD OF SCHOOL. OTHER OFFICERS ARE ANNUALLY EVALUATED BY THE HEAD OF SCHOOL. COMPARABILITY DATA IS OBTAINED BUT IS NOT SOLELY UTILIZED FOR DETERMINING COMPENSATION PACKAGES. THE FINANCIAL ABILITY OF THE ACADEMY TO PAY APPROPRIATE COMPENSATION IS A MAJOR FACTOR IN DETERMINING THE COMPENSATION PACKAGE. A WRITTEN ONE-YEAR CONTRACT IS SIGNED BY THE OFFICER AND THE HEAD OF SCHOOL. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST ON A CASE-BY-CASE BASIS. FORM 990, PART IX, LINE 11G FOOD SERVICE FEES: PROGRAM SERVICE EXPENSES 755,100. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 755,100. MEDICAL SERVICES: PROGRAM SERVICE EXPENSES 36,464. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,464. SPORTS OFFICIALS: PROGRAM SERVICE EXPENSES 26,614. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,614. ACADEMIC TESTING: PROGRAM SERVICE EXPENSES 19,308. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,308. FIRE ALARM SERVICES: PROGRAM SERVICE EXPENSES 17,904. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,904. PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 799,104. MANAGEMENT AND GENERAL EXPENSES 10,753. FUNDRAISING EXPENSES 290. TOTAL EXPENSES 810,147. EDUCATIONAL CONSULTANT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 122,857. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 122,857. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUSTS 45,662. CHANGE IN VALUE OF SPLIT-INTEREST A -13,437. WRITE OFF OF UNCOLLECTED PROMISE TO -784. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 67,069.