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Nonprofit · EIN 92-1602819

VENTURE ACADEMY INC

Tax-exempt · CHIPPEWA FLS, WI 54729

Financials

$3.4M$533K2023$2.5M$1.2M2024$5.5M$3.9M2024
Revenue Expenses · by fiscal year end
Financials of VENTURE ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$5,485,969$3,896,369$1,589,600$6,289,128$590,680$5,698,448
June 30, 2024990$2,518,960$1,211,534$1,307,426$4,893,377$737,408$4,155,969
December 31, 2023990$3,353,050$533,468$2,819,582$2,853,138$32,567$2,820,571
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$4,957,187
Program service revenue
$474,207
Investment income
$46,085
Net income from fundraising events
$8,490
Other revenue
$8,490

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$180,365
Other salaries and wages
$1,400,004
Salaries, compensation and benefits (total)
$1,944,939
Professional fundraising fees
$0
Occupancy
$43,058
Travel
$25,143
Depreciation
$161,461
Program services (functional)
$3,378,438
Management and general (functional)
$410,573
Fundraising (functional)
$107,358

Balance sheet and other

Total assets, start of year
$4,893,377
Total assets, end of year
$6,289,128
Total liabilities, end of year
$590,680
Net assets, end of year
$5,698,448
Land, buildings and equipment
$2,467,821
Publicly traded securities
$2,089,967
Net assets without donor restrictions
$4,714,038
Net assets with donor restrictions
$984,410
Gross receipts
$5,485,969
Employees
28
Volunteers
75
Year formed
2022
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.

NameTitleHours / weekCompensation
BRIAN SULLIVANPRESIDENT/INTERIM HEAD OF SCHOOL
Trustee or director, Officer
40$180,446
PAUL BERTHIAUMEBOARD CHAIR
Trustee or director, Officer
2$0
EVAN NELSONDIRECTOR
Trustee or director
2$0
FRANK HELQUISTDIRECTOR
Trustee or director
2$0
TAMMY ORGELDIRECTOR
Trustee or director
2$0
TERRI MARKQUARTDIRECTOR
Trustee or director
2$0
JENNIFER ROONEYDIRECTOR
Trustee or director
2$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
BRIAN SULLIVANPRESIDENT/INTERIM HEAD OF
Trustee or director, Officer
40$0
PAUL BERTHIAUMEBOARD CHAIR
Trustee or director, Officer
2$0
EVAN NELSONMEMBER
Trustee or director
2$0
FRANK HELQUISTMEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
BRIAN SULLIVANPRESIDENT/INTERIM HEAD OF SCHOOL
Trustee or director, Officer
40$86,329$0
MARK REAMS THRU AUGUST 2023BOARD MEMBER
Trustee or director
40$34,665$7,238
AMY MAZIARKASECRETARY/TREASURER
Trustee or director, Officer
2$0$0
EVAN NELSONMEMBER
Trustee or director
2$0$0
PAUL BERTHIAUMEBOARD CHAIR
Trustee or director, Officer
2$0$0
FRANK HELQUISTMEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
989 122ND ST, CHIPPEWA FLS, WI 54729-9621
In care of
% MARK REAMS
Principal officer (990 for 2024)
PAUL BERTHIAUME, 989 122ND ST, CHIPPEWA FALLS, WI 54729
Signed the 990
PAUL BERTHIAUME, BOARD CHAIR
Phone
(715) 972-0032
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

EMPOWERING CHRIST-CENTERED LEADERS, DESIGNERS, AND INNOVATORS FOR A WORLD WE CAN'T YET IMAGINE

990 for the year ended June 30, 2025

Program accomplishments

  • VENTURE ACADEMY IS AN INNOVATIVE CHRISTIAN SCHOOL CURRENTLY SERVING STUDENTS K-6 IN THE CHIPPEWA VALLEY. AT VENTURE, STUDENTS ARE PROVIDED A UNIQUE OPPORTUNITY TO EXPLORE AND PURSUE THEIR INDIVIDUAL CALLINGS WHILE LEARNING FROM A CHRISTIAN WORLDVIEW. WHEN STUDENTS ENTER THEIR CLASSROOMS THEY'RE EMPOWERED TO TAKE OWNERSHIP OVER THEIR EDUCATION IN HANDS-ON LEARNING ENVIRONMENTS WHERE CHRISTIAN VALUES ARE MODELED, TAUGHT, AND LIVED.BY CONNECTING FOUNDATIONAL SKILLS TO REAL-WORLD EXPERIENCES, WE'RE ABLE TO HELP STUDENTS DEVELOP A STRONG SENSE OF VALUES, CHARACTER, AND PERSEVERANCE. THROUGH THESE LEARNING EXPERIENCES, OUR STUDENTS ARE ABLE TO TRULY OWN THEIR JOURNEY AS THEY GROW TO BECOME CHRIST-CENTERED LEADERS, DESIGNERS, AND INNOVATORS READY TO EMBRACE A RAPIDLY CHANGING WORLD WITH CONFIDENCE, KNOWING THAT TOMORROW IS JUST WAITING TO BE CREATED.
    Expenses $3,378,438 · revenue $461,338

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
92-1602819
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
2023
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20)
Assets (IRS master file)
$6,289,128
Income (IRS master file)
$5,485,969

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$5,485,969$3,896,369$6,289,128IRS
990June 2024$2,518,960$1,211,534$4,893,377IRS
990December 2023$3,353,050$533,468$2,853,138XML

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about VENTURE ACADEMY INC

What is the EIN of VENTURE ACADEMY INC?
The employer identification number (EIN) of VENTURE ACADEMY INC is 92-1602819.
Is VENTURE ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to VENTURE ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VENTURE ACADEMY INC 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 VENTURE ACADEMY INC 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 VENTURE ACADEMY INC 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 VENTURE ACADEMY INC?
The 990 for the year ended June 30, 2025 names PAUL BERTHIAUME.
Who are the officers and directors of VENTURE ACADEMY INC?
The 990 for the year ended June 30, 2025 lists 7 people; 1 received compensation from the organization, the highest $180,446 (BRIAN SULLIVAN, PRESIDENT/INTERIM HEAD OF SCHOOL).
How much revenue does VENTURE ACADEMY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $5,485,969, expenses of $3,896,369 and total assets of $6,289,128 at year end.

Other nonprofits in CHIPPEWA FLS

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