2026-05-29T10:12:25-05:00 2025-07-31 332621854 CRI CAPIN CROUSE ADVISORS LLC 345 MASSACHUSETTS AVE STE 300 INDIANAPOLIS IN 46204 990 2024-08-01 362388793 WHEATON ACADEMY WHEA 6305627500 900 PRINCE CROSSING ROAD WEST CHICAGO IL 60185 STEVE KARLSON COO/CFO 6305627500 2026-05-29 1 1 JONATHAN WRIGHT P02199224 5055022746 2026-05-29 2024 2025-03-06 01:10:19Z STEVEN BULT 900 PRINCE CROSSING ROAD WEST CHICAGO IL 60185 23921561 0 X WWW.WHEATONACADEMY.ORG X 1958 IL OPERATION OF AN ACCREDITED HIGH SCHOOL 16 14 263 140 0 0 10735988 5506253 15107687 17245147 878271 519416 -12507 124646 26709439 23395462 3347526 3347984 0 0 9245695 9939299 0 0 848846 7307821 8300470 19901042 21587753 6808397 1807709 67923396 65807361 26103675 22179931 41819721 43627430 PROVIDE AN EDUCATIONAL PROGRAM THAT IS CHARACTERIZED BY BIBLICAL VALUES AND TRADITIONAL EDUCATIONAL STANDARDS USING INNOVATIVE CURRICULUM CENTERED ON A CARING STUDENT/TEACHER RELATIONSHIP. 0 0 16020114 3347984 17245147 OPERATION OF ACCREDITED HIGH SCHOOL WITH AN ENROLLMENT OF APPROXIMATELY 650 STUDENTS. 16020114 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 1 78 0 1 263 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 16 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X PATRICK BROOKE 6305627500 900 PRINCE CROSSING ROAD WEST CHICAGO IL 60185 STEVEN BULT HEAD OF SCHOOL / TRUSTEE 40.00 1.00 X X 251730 0 41267 DR EUGENE FROST EXEC. DIRECTOR WAF 20.00 20.00 X 71595 0 27235 MARK ANDERSON PRESIDENT 1.00 1.00 X X 0 0 0 MIKE ENGLISH VICE PRESIDENT 1.00 X X 0 0 0 MARTHA VAN ZEE SECRETARY 1.00 X X 0 0 0 DAVE TORRES TREASURER 1.00 1.00 X X 0 0 0 ALEX BELL TRUSTEE 1.00 X 0 0 0 DAVE ELDERSVELD TRUSTEE 1.00 X 0 0 0 JANEL PRITCHARD TRUSTEE 1.00 X 0 0 0 JOANN MAYO TRUSTEE 1.00 X 0 0 0 JOE SELVAGGIO TRUSTEE 1.00 X 0 0 0 RANDY RENN TRUSTEE 1.00 2.00 X 0 0 0 STEVEN PEARSON TRUSTEE 1.00 X 0 0 0 TIM LARSON TRUSTEE 1.00 X 0 0 0 WELDON WILLIAMS TRUSTEE 1.00 X 0 0 0 WENDY FERNANDES TRUSTEE 1.00 X 0 0 0 STEVE KARLSON COO/CFO 40.00 2.00 X 186442 0 74878 PHIL STRZALKA BUSINESS & INNOVATION PROG. DIRECTOR 32.00 8.00 X 162192 0 28672 STEVEN WILLEMSSEN FINE ARTS DEPARTMENT HEAD 40.00 X 106380 0 80954 JOSH BURICK EDUCATIONAL TECH DIRECTOR 40.00 X 119622 0 60234 KORI HOCKETT PRINCIPAL 40.00 X 152330 0 26652 BRADLEY THORNTON VICE PRINCIPAL FOR INSTRUCTION 40.00 X 101285 0 48123 1151576 0 388015 8 0 1 0 INTERNATIONAL CONTRACTORS INC 1 MID AMERICA PLAZA 7TH FLOOR OAKBROOK TERRACE IL 60181 CONSTRUCTION SERVICES 13850344 AMDG ARCHITECTS INC 25 COMMERCE AVE SW SUITE 400 GRAND RAPIDS MI 49503 ARCHITECTURAL SERVICES 396482 SERVICEMASTER CLEAN 445 GUNDERSEN DR CAROL STREAM IL 60188 CLEANING SERVICES 259228 HIGH POINT 12700 PARK CENTRAL DR SUITE 200 DALLAS TX 75251 TRAVEL/AIR CONTRACT SERVICES 166769 CURRENT TECHNOLOGIES CORPORATION 401 EISENHOWER LANE SOUTH LOMBARD IL 60148 SECURITY SYSTEM SERVICES 166292 9 29990 44020 5432243 222138 5506253 TUITION & FEES 900099 14860283 14860283 AUXILIARY REVENUE 900099 1934858 1934858 WA STORE SALES 900099 36558 36558 413448 413448 17245147 519523 519523 304889 218726 86163 86163 86163 221903 128 222138 0 -235 128 -107 -107 123718 29990 85235 38483 38483 23395462 17245147 0 644062 3347984 3347984 739255 522548 179154 37553 24731 24731 6601694 4659206 1605875 336613 211952 149820 51365 10767 1778034 1256816 430896 90322 583633 412545 141440 29648 23389 23389 44098 44098 976180 313271 585786 77123 20762 18388 2374 1163625 667057 403069 93499 149018 87688 45772 15558 732105 509548 215289 7268 1357372 1257142 75212 25018 454873 409386 36390 9097 1877899 1670178 166177 41544 233009 61940 167698 3371 FOOD & CATERING 601783 207763 349870 44150 BOARDING EXPENSE 320950 320950 PROFESSIONAL DEVELOP. 72121 25754 45890 477 BAD DEBT 64000 64000 209286 115787 69035 24464 21587753 16020114 4718793 848846 238843 229559 6782039 12059772 5852465 6639883 31530 31530 178715 321445 65791172 20733539 42300253 45057633 12067325 596255 472226 871284 67923396 65807361 5337725 932324 11791300 12286486 8936896 8956313 37754 4808 26103675 22179931 X 23286256 42701063 18533465 926367 41819721 43627430 67923396 65807361 1807709 0 X 0 1 X 1 0 X 3530819 9338254 5645056 10735988 5506253 34756370 3530819 9338254 5645056 10735988 5506253 34756370 6791244 27965126 490740 506082 1187812 872459 824412 3881505 330474 38483 368957 56094 50933 107027 39113859 77739657 0.71500 0.71400 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC INCOME - 2020 AMOUNT: $ 56,094. 2021 AMOUNT: $ 50,933. SCHEDULE A, PART II THE ORGANIZATION IS A SCHOOL AS DESCRIBED UNDER 170(B)(1)(A)(II) AND IS NOT REQUIRED TO COMPLETE A PUBLIC SUPPORT SCHEDULE. SCHEDULE A, PART II IS COMPLETED TO VERIFY THE SCHOOL CAN QUALIFY UNDER PUBLIC CHARITY STATUS SECTION 170(B)(1)(A)(VI) AND, THEREFORE, QUALIFIES TO USE THE FIRST LISTED SPECIAL RULE FOR SCHEDULE B REPORTING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3971347 94950 436965 184951 4318311 3567961 92902 462036 151552 3971347 2994323 493885 227442 147689 3567961 3507617 64750 -493425 84619 2994323 2723178 261200 624462 77742 11397 12084 3507617 0.00000 1.00000 0.00000 0 1 1 1166474 1166474 59385569 19332903 40052666 4585999 1121874 3464125 653130 278762 374368 45057633 PART V, LINE 4: THE ACADEMY'S ENDOWMENT CONSISTS OF 20 FUNDS ESTABLISH FOR A VARIETY OF PURPOSES, THE FIRST OF THOSE BEING SCHOLARSHIPS. THE ENDOWMENT FUNDS ALSO COVER TARGETED OPERATING EXPENSES IN ORDER TO MAINTAIN THE FACILITIES, AS WELL AS THE QUALITY OF EDUCATION PROVIDED. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY ON THE HOMEPAGE OF ITS WEBSITE AT ALL TIMES DURING ITS TAX YEAR IN A MANNER REASONABLY EXPECTED TO BE NOTICED BY VISITORS. TODD BEAMER GOLF OUTING 153708 29990 123718 3240 21806 8527 1500 50162 153708 29990 123718 3240 21806 8527 1500 50162 85235 38483 1 FINANCIAL AID/TUITION ASSISTANCE 236 2829879 BOARDING ASSISTANCE 27 518105 PART I, LINE 2: FINANCIAL AID/TUITION ASSISTANCE IS BASED ON FINANCIAL NEED. EACH APPLICANT COMPLETES AN ONLINE APPLICATION THROUGH BLACKBAUD FINANCIAL AID MANAGEMENT SERVICE (BBFAMS), A 3RD PARTY WHO HELPS PROCESS APPLICATIONS. CURRENT TAX RETURNS ARE REQUIRED TO COMPLETE AN APPLICATION. NO CASH CHANGES HANDS AND FUNDS ARE DIRECTLY TIED TO STUDENT ACCOUNTS. BOARD ASSISTANCE IS BASED ON FINANCIAL NEED. EACH APPLICANT COMPLETES A DETAILED APPLICATION, WHICH IS REVIEWED BY A DIRECTOR AND OTHERS. NO CASH CHANGES HANDS AND FUNDS ARE DIRECTLY TIED TO STUDENT ACCOUNTS. X X X 0 0 0 0 0 0 0 1 0 STEVEN BULT HEAD OF SCHOOL / TRUSTEE 214579 0 22061 0 15090 0 12724 0 28543 0 292997 0 0 0 STEVE KARLSON COO/CFO 173765 0 10427 0 2250 0 5716 0 69162 0 261320 0 0 0 PHIL STRZALKA BUSINESS & INNOVATION PROG. DIRECTOR 154069 0 5433 0 2690 0 3299 0 25373 0 190864 0 0 0 STEVEN WILLEMSSEN FINE ARTS DEPARTMENT HEAD 105582 0 489 0 309 0 5599 0 75355 0 187334 0 0 0 JOSH BURICK EDUCATIONAL TECH DIRECTOR 115913 0 485 0 3224 0 6248 0 53986 0 179856 0 0 0 KORI HOCKETT PRINCIPAL 145803 0 582 0 5945 0 7492 0 19160 0 178982 0 0 0 PART I, LINE 7 THE BOARD APPROVED NONFIXED PAYMENTS MADE IN THE FORM DISCRETIONARY BONUSES. BARBARA FROST FAMILY MEMBER OF DR. EUGENE FROST, EXECUTIVE DIRECTOR OF WAF 24731 COMPENSATION AND BENEFITS 0 X 13 222138 SELLING COST 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENT THE NUMBER OF CONTRIBUTIONS RECEIVED, NOT THE NUMBER OF ITEMS DONATED. FORM 990, PART VI, SECTION A, LINE 1A EXECUTIVE COMMITTEE - THIS COMMITTEE SHALL COMPRISE THE PRESIDENT AND OTHER OFFICERS OF THE BOARD. IT SHALL HAVE THE AUTHORITY TO ACT FOR THE BOARD ON ALL MATTERS SO LONG AS THE EXECUTIVE COMMITTEE DETERMINES THAT IT WOULD BE IMPRUDENT TO WAIT FOR THE NEXT BOARD MEETING TO TAKE SUCH ACTION. WITH RESPECT TO ANY ACTION TAKEN ON BEHALF OF THE BOARD, (1) THE EXECUTIVE COMMITTEE IS REQUIRED TO REPORT THE ACTION TO THE BOARD WITHIN 10 DAYS AND (2) THE FULL BOARD MUST CONFIRM THE ACTION AT ITS NEXT MEETING. THE EXECUTIVE COMMITTEE IS NOT AUTHORIZED TO MAKE DECISIONS WITH RESPECT TO THE FOLLOWING MATTERS: - DISSOLVE THE CORPORATION - HIRE OR FIRE THE HEAD OF SCHOOL - ENTER INTO MAJOR CONTRACTS OR SUE ANOTHER ENTITY - MAKE SIGNIFICANT CHANGES TO A BOARD-APPROVED BUDGET - ADOPT OR ELIMINATE MAJOR PROGRAMS - BUY OR SELL PROPERTY WITH A VALUE GREATER THAN $500,000 - AMEND THE BYLAWS - CHANGE ANY POLICIES THE BOARD DETERMINES MUST BE CHANGED ONLY BY THE BOARD FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT TAX PREPARER AND REVIEWED IN DETAIL BY THE ORGANIZATION'S TOP MANAGEMENT. THE REVIEWED FORM 990 IS THEN PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL OFFICERS AND BOARD MEMBERS TO ANNUALLY COMPLETE AND SIGN A CONFLICT OF INTEREST QUESTIONNAIRE. THE HEAD OF SCHOOL IS RESPONSIBLE FOR REVIEWING THE SIGNED STATEMENTS AND ENSURING THAT INTERESTED PERSONS ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE PRESIDENT REVIEWS THE HEAD OF SCHOOL'S STATEMENT. SHOULD ANY POTENTIAL CONFLICTS OF INTEREST BE DISCLOSED, THE BOARD MEMBER OR OFFICER WOULD BE ASKED TO REFRAIN FROM PARTICIPATION IN ANY DELIBERATION OR DECISION WITH REGARD TO MATTERS AFFECTED BY THE RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 15A LINE 15A - THE HEAD OF SCHOOL'S COMPENSATION IS SET AND APPROVED BY THE FULL BOARD OF TRUSTEES. THEIR PROCESS AT TIMES IS DETERMINED BY ANNUAL REVIEW PROCESS, SURVEY AND DISCUSSIONS AMONG THE HEAD OF SCHOOL EVALUATION COMMITTEE. INCORPORATED IN THE SETTING OF THE ORIGINAL COMPENSATION SALARY WAS A PROCESS OF COMPARABLE RATES OF PAY FOR SIMILAR ROLES AND SIMILARLY SIZED SCHOOLS. THE DELIBERATION AND DECISION IS DOCUMENTED IN THE COMMITTEE'S MINUTES. LINE 15B - THE COO/CFO'S COMPENSATION IS RECOMMENDED BY THE HEAD OF SCHOOL AND APPROVED BY THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. WHEATON ACADEMY FOUNDATION 900 PRINCE CROSSING WEST CHICAGO IL 60185 460944215 SUPPORT WHEATON ACADEMY IL 501(C)(3) LINE 12A, I WHEATON ACADEMY 1 WHEATON ACADEMY INSTITUTE 900 PRINCE CROSSING WEST CHICAGO IL 60185 474967070 OPERATING AN INTERNATIONAL STUDENT PROGRAM IL 501(C)(3) LINE 12A, I WHEATON ACADEMY 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0