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ACADEMY OF BASIC EDUCATION INC

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Public IRS 990 nonprofit record

ACADEMY OF BASIC EDUCATION INC

EIN 39-0987840 · Education (B24Z)

What they do

OPERATION of A PRIVATE ELEMENTARY, MIDDLE and HIGH SCHOOL for THE PURPOSE of EDUCATING and GRADUATING STUDENTS PREPARED for COLLEGE and LIFE, EDUCATED IN SKILLS, VALUES, and HERITAGE of RESPONSIBLE, CONSTRUCTIVE, FREE PEOPLE.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $90.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

79.24%of revenue went to mission work90.0% of expenses · Program services
2.88%of revenue went to fundraising3.3% of expenses
$88.08spent for every $100 of revenueRevenue covered expenses this year.
5.96%of revenue went to management and office costs6.8% of expenses
$2.48in assets for every $1 spent this yearSome assets cannot be spent right away.
19.5%of its money came from giftsOther money may come from services or investments.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $213,734 for DOUGLAS RICCI (HEAD OF SCHOOL). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$22,921,781
Mission workProgram services$18,162,36079.24% of revenue90.0% of expenses
ManagementOffice and general costs$1,366,6015.96% of revenue6.8% of expenses
FundraisingAsking for donations$659,9502.88% of revenue3.3% of expenses
Revenue left after expensesReported annual surplus$2,732,87011.92% of revenueShown in gray on the chart
Total expenses$20,188,91188.08% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 90.0% mission · 6.8% management · 3.3% fundraisingTotal expenses: 88.08% of revenue
2023Expense mix: 89.0% mission · 7.3% management · 3.7% fundraisingTotal expenses: 90.68% of revenue
2022Expense mix: 88.5% mission · 8.1% management · 3.4% fundraisingTotal expenses: 94.44% of revenue
2021Expense mix: 89.7% mission · 7.3% management · 3.0% fundraisingTotal expenses: 91.34% of revenue
2020Expense mix: 89.8% mission · 7.3% management · 2.9% fundraisingTotal expenses: 97.57% of revenue
2019Expense mix: 89.7% mission · 7.1% management · 3.2% fundraisingTotal expenses: 95.61% of revenue
2018Expense mix: 89.7% mission · 6.9% management · 3.4% fundraisingTotal expenses: 97.64% of revenue
2017Expense mix: 88.8% mission · 7.8% management · 3.4% fundraisingTotal expenses: 101.13% of revenue

Money in and money out

Revenue$22,921,781
Expenses$20,188,911
Annual surplus $2,732,870 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$18,162,360 · 90.0% of expenses
Management and office costs$1,366,601 · 6.8% of expenses
Fundraising$659,950 · 3.3% of expenses
See all reported dollar amounts
Revenue$22,921,781
Expenses$20,188,911
Assets$50,160,152
Income$25,735,134
Contributions$4,477,491
Mission work (program services)$18,162,360
Fundraising$659,950
Management and general$1,366,601
Stocks and bonds$9,167,935
Accounting fees$66,425
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
DOUGLAS RICCIHEAD OF SCHOOL · 40 hrs/week $213,734Base $187,349 · Other $26,385
LAWRENCE PESCHEXEC. DIR OF ADVANCEMENT AND ADMISSIONS · 40 hrs/week $185,607Base $160,557 · Other $25,050
NICHOLAS SPAETHDIR. OF COLLEGE COUNSELING · 40 hrs/week $151,481Base $118,940 · Other $32,541
KRISTI THOMPSONDIRECTOR OF FINANCE · 40 hrs/week $146,004Base $122,106 · Other $23,898
RICHARD RANEYHEAD OF PRIMARY AND LOWER SCHOOL · 40 hrs/week $140,589Base $107,504 · Other $33,085
LINDA PRYOREXEC DIR. OF MISSION AND ACADEMICS · 40 hrs/week $128,382Base $122,249 · Other $6,133
MARK BULLIOHEAD OF THE UPPER SCHOOL · 40 hrs/week $118,361Base $112,725 · Other $5,636
JESSEE TOMCHEKASST HEAD OF THE UPPER SCHOOL · 40 hrs/week $108,500Base $103,333 · Other $5,167

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

DOUGLAS RICCIHEAD OF SCHOOL

LAWRENCE PESCHEXEC. DIR OF ADVANCEMENT AND ADMISSIONS

NICHOLAS SPAETHDIR. OF COLLEGE COUNSELING

KRISTI THOMPSONDIRECTOR OF FINANCE

RICHARD RANEYHEAD OF PRIMARY AND LOWER SCHOOL

LINDA PRYOREXEC DIR. OF MISSION AND ACADEMICS

MARK BULLIOHEAD OF THE UPPER SCHOOL

JESSEE TOMCHEKASST HEAD OF THE UPPER SCHOOL

SCOTT PRIEBEDIRECTOR

CYNTHIA DAVISVICE CHAIR

RYAN LAWDIRECTOR

MICHAEL D SIMMONSCHAIR

MARY YORKDIRECTOR

MALAIKA MATHAI KODALISECRETARY

KATHARINE LOCKWOODDIRECTOR

EDWARD APRAHAMIANDIRECTOR

DANIEL J GEENENDIRECTOR

About this charity

Recognized since
January 1963
Location
3462 N BROOKFIELD RD, BROOKFIELD, WI 53045-2523
County
Waukesha
In care of
KRISTI THOMPSON
Primary officer
KRISTI THOMPSON, FINANCE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
CLIFTONLARSONALLEN LLP
NTEE classification
Education (B24Z)

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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