Nonprofit · EIN 26-4247873
ACADEMY OF EXCELLENCE
Tax-exempt · MILWAUKEE, WI 53204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $40,715,713 | $38,969,571 | $1,746,142 | $13,891,497 | $7,000,085 | $6,891,412 |
| June 30, 2024 | 990 | $28,336,334 | $27,294,480 | $1,041,854 | $9,917,286 | $4,772,016 | $5,145,270 |
| June 30, 2023 | 990 | $17,860,404 | $16,687,288 | $1,173,116 | $8,917,002 | $4,813,586 | $4,103,416 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $22,587
- Program service revenue
- $40,594,967
- Investment income
- $98,159
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $5,485,974
- Salaries, compensation and benefits (total)
- $6,100,381
- Professional fundraising fees
- $0
- Legal fees
- $193,457
- Accounting fees
- $185,191
- Occupancy
- $775,639
- Travel
- $23,205
- Depreciation
- $741,268
- Program services (functional)
- $37,577,739
- Management and general (functional)
- $1,386,686
- Fundraising (functional)
- $5,146
Balance sheet and other
- Total assets, start of year
- $9,917,286
- Total assets, end of year
- $13,891,497
- Total liabilities, end of year
- $7,000,085
- Net assets, end of year
- $6,891,412
- Land, buildings and equipment
- $6,469,880
- Net assets without donor restrictions
- $6,891,412
- Gross receipts
- $40,715,713
- Employees
- 140
- Volunteers
- 10
- Year formed
- 2009
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ELAINE GUZMAN | ADMINISTRATO Highest-paid employee | 40 | $99,000 | $107,873 |
| RANDALL R MELCHERT | BOARD CHAIRM Trustee or director, Officer | 40 | $90,000 | $0 |
| LORI MELCHERT | SECRETARY/TR Trustee or director, Officer | 10 | $44,333 | $0 |
| PAUL HOOVER | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| JOHN SWAFFER | PRESIDENT Officer | 40 | $0 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RANDALL R MELCHERT | PRESIDENT Trustee or director, Officer | 40 | $81,000 |
| LORI MELCHERT | SECRETARY/TR Trustee or director, Officer | 30 | $66,700 |
| DAWN AKAM | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RANDALL R MELCHERT | PRESIDENT Trustee or director, Officer | 40 | $81,000 |
| LORI MELCHERT | SECRETARY/TR Trustee or director, Officer | 30 | $62,388 |
| DAWN AKAM | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 633 S 12TH ST, MILWAUKEE, WI 53204-1210
- In care of
- % RANDALL MELCHERT
- Mailing address (990-N for 2011)
- 4020 N 128th St, Brookfield WI 53005
- Principal officer (990 for 2024)
- JOHN SWAFFER, 16815 W WISCONSIN AVENUE, BROOKFIELD, WI 53005
- Principal officer (990-N for 2011)
- Randall Melchert, 4020 N 128th st, Brookfield WI 53005
- Signed the 990
- JOHN SWAFFER, PRESIDENT
- Phone
- (414) 369-2193
- Website
- ACADEMYOFEXCELLENCE.NET
- Return prepared by
- BROESCH & CO SC
Mission
THE MISSION OF THE ACADEMY OF EXCELLENCE IS TO PREPARE STUDENTS TO BE ACADEMICALLY AND SPIRITUALLY EQUIPPED TO LEAD AND ENRICH THEIR FAMILIES, COMMUNITIES, AND THE WORLD.
Program accomplishments
- TO PREPARE STUDENTS TO BE ACADEMICALLY AND SPIRITUALLY EQUIPPED TO LEAD AND ENRICH THEIR FAMILIES, COMMUNITIES, AND THE WORLD.Expenses $37,577,739 · revenue $40,594,967
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-4247873
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $13,891,497
- Income (IRS master file)
- $40,715,713
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $40,715,713 | $38,969,571 | $13,891,497 | IRS |
| 990 | June 2024 | $28,336,334 | $27,294,480 | $9,917,286 | XML |
| 990 | June 2023 | $17,860,404 | $16,687,288 | $8,917,002 | XML |
| 990 | June 2022 | $11,653,008 | $12,088,424 | $6,388,105 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2011 Officer: Randall Melchert | June 30, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-4247873).
Questions about ACADEMY OF EXCELLENCE
- What is the EIN of ACADEMY OF EXCELLENCE?
- The employer identification number (EIN) of ACADEMY OF EXCELLENCE is 26-4247873.
- Is ACADEMY OF EXCELLENCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to ACADEMY OF EXCELLENCE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACADEMY OF EXCELLENCE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ACADEMY OF EXCELLENCE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ACADEMY OF EXCELLENCE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ACADEMY OF EXCELLENCE?
- The 990 for the year ended June 30, 2025 names JOHN SWAFFER.
- Who are the officers and directors of ACADEMY OF EXCELLENCE?
- The 990 for the year ended June 30, 2025 lists 5 people; 3 received compensation from the organization, the highest $99,000 (ELAINE GUZMAN, ADMINISTRATO).
- How much revenue does ACADEMY OF EXCELLENCE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $40,715,713, expenses of $38,969,571 and total assets of $13,891,497 at year end.
Other nonprofits in MILWAUKEE
- THE MEDICAL COLLEGE OF WISCONSIN INC EIN 39-0806261 · last filed 990 for 2025
- MARQUETTE UNIVERSITY EIN 39-0806251 · last filed 990 for 2025
- HERZING UNIVERSITY LTD EIN 27-1503981 · last filed 990 for 2025
- MILWAUKEE SCHOOL OF ENGINEERING EIN 39-0477970 · last filed 990 for 2025
- ST AUGUSTINE PREPARATORY ACADEMY INC EIN 47-1800734 · last filed 990 for 2025
- UNIVERSITY SCHOOL OF MILWAUKEE CORPORATION EIN 39-6076442 · last filed 990 for 2025
- ALVERNO COLLEGE EIN 39-0806263 · last filed 990 for 2025
- CARDINAL ACADEMY INC EIN 93-3740945 · last filed 990 for 2025