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Academy of Basic Education

Also known as Brookfield Academy

Brookfield, WI · EIN 39-0987840 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Academy of Basic Education reported $22.9 million in revenue and $20.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.96 went to program services, $6.77 to management and general costs and $3.27 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 80.7% of the total. The highest compensation it reported for one person was $213,734 (HEAD OF SCHOOL). 9 people received more than $100,000 in reportable compensation. Revenue rose 35% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $20M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $23M

Other revenue was negative: −$658K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
90.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
6.8%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
3.3%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.15$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
19.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
80.7%69.9%
Highest reported compensation
Part VII-A, columns D–F
$213,734$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.06%1.28%
People paid over $100,000
Part VII, line 2
98
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
23.413.3
Independent voting board members
Part VI 1a–1b
9 of 9100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$18M expenses · 100.0% of program spending · grants $2.1M · revenue $19M

Education - operation of a private elementary, middle and high school for the purpose of educating and graduating students prepared for college and life

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
HEAD OF SCHOOL
Officer, 40.00 hrs/week
$187,349$0$26,385$213,734
EXEC. DIR OF ADVANCEMENT AND ADMISSIONS
Key employee, 40.00 hrs/week
$160,557$0$25,050$185,607
DIR. OF COLLEGE COUNSELING
Highest compensated employee, 40.00 hrs/week
$118,940$0$32,541$151,481
DIRECTOR OF FINANCE
Officer, 40.00 hrs/week
$122,106$0$23,898$146,004
HEAD OF PRIMARY AND LOWER SCHOOL
Highest compensated employee, 40.00 hrs/week
$107,504$0$33,085$140,589
EXEC DIR. OF MISSION AND ACADEMICS
Highest compensated employee, 40.00 hrs/week
$122,249$0$6,133$128,382
HEAD OF THE UPPER SCHOOL
Highest compensated employee, 40.00 hrs/week
$112,725$0$5,636$118,361
ASST HEAD OF THE UPPER SCHOOL
Highest compensated employee, 40.00 hrs/week
$103,333$0$5,167$108,500

9 people received more than $100,000 in reportable compensation from Academy of Basic Education (Part VII, line 2). Compensation of current officers, directors and key employees totaled $567K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$23M$20M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$23M$20M90.0%$39M$213,734
FY2024 ⓘ$21M$19M89.0%$36M$219,313
FY2023 ⓘ$19M$18M88.5%$34M$208,130
FY2022 ⓘ$19M$17M89.7%$32M$196,629
FY2021 ⓘ$16M$16M89.8%$32M$230,432
FY2020 ⓘ$17M$16M89.7%$30M$203,980

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5363
  • Volunteers Part I, line 6228

Private foundation grants it received

3 private foundations reported grants to Academy of Basic Education totaling $46,286 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Academy of Basic Education's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Academy of Basic Education, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Wisconsin

Questions people ask

How much of Academy of Basic Education's spending goes to programs?

In the fiscal year ending June 30, 2025, Academy of Basic Education reported that 90.0% of its $20.2 million in expenses went to program services, 6.8% to management and general and 3.3% to fundraising (Form 990, Part IX).

How much does Academy of Basic Education pay its top executive?

The largest total compensation Academy of Basic Education reported for one person in the fiscal year ending June 30, 2025 was $213,734, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Academy of Basic Education get its money?

Of $22.9 million in revenue in the fiscal year ending June 30, 2025, 19.5% came from contributions and grants and 80.7% from program service revenue (Form 990, Part VIII).

Is Academy of Basic Education a registered charity?

The IRS lists EIN 39-0987840 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202600919349301700 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521269349301402 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202440629349300029 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202310969349300726 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240709349301404 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202023179349307122 · read the filing

All filings for EIN 39-0987840: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.