Open Sky Education Inc
- Assets
- $15.6m
- Revenue
- $16.2m
- Investments
- $0.0
- Employees
- 60
- Location
- Waukesha, WI
- Founding
- 05/2007
- Data as of
- 06/2021
- EIN
- 20-5033694
Organization Overview
Open Sky Education Inc is located in Waukesha, WI. The organization was established in 2007. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Open Sky Education Inc employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Sky Education Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Open Sky Education Inc generated $16.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $14.1m during the year ending 06/2021. While expenses have increased by 9.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPEN SKY EDUCATION, INC. IS AN ENTREPRENEURIAL, NOT-FOR-PROFIT ORGANIZATION IN TIRELESS PURSUIT OF A FULL AND LASTING EDUCATION FOR ALL CHILDREN. OPEN SKY EDUCATION, INC. WORKS TO ENSURE THAT WORLD-CLASS ACADEMICS, CHARACTER FORMATION AND FAITH-BASED EDUCATIONAL CHOICES ARE ACCESSIBLE AND AFFORDABLE FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPEN SKY EDUCATION, INC: IS A NONPROFIT CORPORATION WHOSE PRIMARY PURPOSE IS TO PROVIDE EDUCATIONAL SERVICES TO CHILDREN SUCH SERVICES WILL BE PROVIDED ON A NON-DISCRIMINATORY BASIS.
EEI REAL ESTATE HOLDINGS: THE 5 FACILITIES ARE SINGLE MEMBER LLCS ENGAGED IN THE OWNING, LEASING, DEVELOPING, AND MANAGING OF EDUCATIONAL RELATED REAL ESTATE.
EEI CHARACTER FORMATION PROJECT, LLC: DESIGNS AND IMPLEMENTS A VARIETY OF CHARACTER PROGRAMS AND PRODUCES CHARACTER CURRICULUM, LEARNING MATERIALS, AND TRAINING PROGRAMS FOR EDUCATIONAL PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Neumann Executive Chair/ceo | OfficerTrustee | 34 | $346,572 |
Glenn Kieckhaefer Executive Vice President | Officer | 34 | $222,339 |
Jody Olson National Director Of Enrollment | 40 | $132,804 | |
Ellen Bartling Executive Director | 5 | $128,141 | |
Jack Preus Director Of Soaring Education Services | 40 | $121,899 | |
Steven Inman Interim People Development Lead | 5 | $116,015 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Adp Payroll Processing And Administration | 6/29/21 | $270,620 |
Ldr Admservices Llc Management | 6/29/21 | $100,865 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,983,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $430,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,413,600 |
| Total Program Service Revenue | $10,779,925 |
| Investment income | $195,934 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$152 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,173,980 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,324,213 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $829,974 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,813,138 |
| Pension plan accruals and contributions | $104,630 |
| Other employee benefits | $2,831,870 |
| Payroll taxes | $259,295 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $143,252 |
| Fees for services: Accounting | $60,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $921,217 |
| Advertising and promotion | $209,382 |
| Office expenses | $118,868 |
| Information technology | $380,564 |
| Royalties | $0 |
| Occupancy | $1,728,949 |
| Travel | $44,072 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,127 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $52,669 |
| Insurance | $43,151 |
| All other expenses | $0 |
| Total functional expenses | $14,115,312 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,354,473 |
| Savings and temporary cash investments | $2,119,325 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $407,952 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,208,525 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $37,970 |
| Net Land, buildings, and equipment | $327,458 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $148,698 |
| Total assets | $15,604,401 |
| Accounts payable and accrued expenses | $361,759 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $361,759 |
| Net assets without donor restrictions | $14,867,642 |
| Net assets with donor restrictions | $375,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,604,401 |
Grants Awarded
Over the last fiscal year, Open Sky Education Inc has awarded $3,324,213 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Waukesha, WI PURPOSE: DAILY OPERATION EXPENSES | $2,617,457 |
Waukesha, WI PURPOSE: DAILY OPERATION EXPENSES | $461,001 |
EEI COMPASS EDUCATIONAL PARTNERS INC PURPOSE: DAILY OPERATION EXPENSES | $245,755 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Open Sky Education Inc has recieved totaling $400,000.
| Awarding Organization | Amount |
|---|---|
Brookhill Foundation Milwaukee, WI PURPOSE: GENERAL OPERATING | $400,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Francis W Parker School Chicago, IL | $194,788,594 | $67,683,715 |
Detroit Country Day School Beverly Hills, MI | $149,218,548 | $52,745,036 |
Breck School Minneapolis, MN | $145,805,473 | $46,151,265 |
St Lukes-Jones Regional Medical Center Anamosa, IA | $65,819,310 | $47,904,266 |
University School Of Milwaukee Corporation Milwaukee, WI | $59,516,474 | $37,531,617 |
St Paul Academy And Summit School Saint Paul, MN | $155,552,723 | $37,579,320 |
Shattuck-St Marys Schools Faribault, MN | $98,168,921 | $33,078,824 |
Hiawatha Academies Minneapolis, MN | $17,479,202 | $30,126,706 |
Minnehaha Academy Minneapolis, MN | $87,515,002 | $27,566,696 |
North Shore Country Day School Winnetka, IL | $93,458,208 | $25,821,359 |
University Liggett School Grosse Pointe Woods, MI | $57,464,104 | $24,976,591 |
Holland Christian Education Society Holland, MI | $45,583,188 | $25,356,655 |