2025-06-11T13:49:26+00:00 2024-07-31 332621854 CRI Capin Crouse Advisors LLC 345 Massachusetts Ave Suite 300 Indianapolis IN 46204 990 2023-08-01 460944215 Wheaton Academy Foundation WHEA 6305627500 900 Prince Crossing Road West Chicago IL 60185 Eugene Frost Executive Director of WAF 6305627500 2025-06-11 true Sara Tibbott P01486965 5055022746 2025-06-11 2023 2025-03-06 01:10:19Z Eugene Frost 900 Prince Crossing Road West Chicago IL 60185 4300614 false X www.wheatonacademy.org X 2012 IL To provide ongoing support to Wheaton Academy's mission and programs 14 11 0 11 0 0 570725 92903 0 0 227442 462036 0 0 798167 554939 147690 145822 0 0 0 0 0 0 75785 59441 75785 207131 221607 591036 333332 4065204 4464551 0 66015 4065204 4398536 To hold and manage endowment investments to provide ongoing support to Wheaton Academy's mission and programs. false false 145822 145822 Benefit and advance the purposes and functions of Wheaton Academy through grants funding operating expenses, including but not limited to the financial aid program for Wheaton Academy students demonstrating financials need. 145822 true true false false false false false false true false false false false true false false true false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true X 0 0 0 false false false false false false false false false false false false X 14 11 false false false false false true true true true false false true true true true true true false false false IL X Patrick Brooke 6305627500 900 Prince Crossing Road West Chicago IL 60185 Chip Krueger Treasurer 1.0 X X 0 0 0 Eugene Frost Executive Director WAF 20.0 20.0 X X 0 68832 20046 Jeffrey Martin Chair 1.0 X X 0 0 0 Randy Seager Vice Chairman 1.0 X X 0 0 0 Sofia Halcomb Secretary 1.0 X X 0 0 0 Steve Karlson COO / CFO 1.0 41.0 X X 0 175194 72170 Chris Grant Director 1.0 1.0 X 0 0 0 Damon Winters Director 1.0 X 0 0 0 Dawn Witt Director 1.0 X 0 0 0 Doug Hardy Director 1.0 X 0 0 0 Matt Kaufman Director 1.0 X 0 0 0 Randy Renn Director 2.0 X 0 0 0 Scott Shelton Director 1.0 X 0 0 0 Steven Bult Director 1.0 40.0 X 0 218052 38528 0 462078 130744 0 false true false 0 92903 92903 0 0 0 0 0 83582 83582 0 0 4124129 3745675 378454 0 378454 378454 0 0 0 0 0 554939 0 0 462036 X 145822 145822 0 0 12029 12029 2100 2100 58851 0 0 58851 2690 2690 115 0 0 115 221607 145822 0 75785 4796 4796 497244 497244 0 0 0 0 0 0 0 0 3557668 3962511 0 0 5496 0 4065204 4464551 0 0 0 66015 0 66015 X 0 -70055 4065204 4468591 4065204 4398536 4065204 4464551 333332 0 X false true X true false X X X 1 Wheaton Academy 362388793 2 true 145822 0 1 145822 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3567961 92902 462036 151552 3971347 2994323 493885 227442 147689 3567961 3507617 64750 -493425 84619 2994323 2723178 261200 624462 77742 11397 12084 3507617 2489535 108738 209432 65468 9308 9751 2723178 0.0 1.0 0.0 false false Due to related parties 66015 66015 Schedule D, Part V, Line 4 Intended uses of endowment funds The Foundation holds this endowment to support a related organization, Wheaton Academy. The endowment consists of 20 funds establish for a variety of purposes, the first of those being scholarships. The endowment funds also cover targeted operating expenses in order to maintain the facilities, as well as the quality of education provided. true Wheaton Academy 900 Prince Crossing West Chicago IL 60185 362388793 501(C)(3) 145822 Scholarships 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The organization provides grants to Wheaton Academy, a related organization. The Wheaton Academy Foundation board monitors the gifts and balances of the Foundation funds and determines the amount to grant to Wheaton Academy. There is overlap between Wheaton Academy personnel and the Foundation. false false false false false false false false false Steve Karlson COO / CFO 0 166381 0 8363 0 450 0 5373 0 66797 0 247364 0 0 Steven Bult Director 0 205802 0 10250 0 2000 0 11081 0 27447 0 256580 0 0 Form 990, Part V, Line 2a Staff are compensated by a related organization, Wheaton Academy. Wheaton Academy files all required payroll information returns as required by the IRS. As such, due to common paymaster rules as instructed by the IRS, the number of employees reported represent the number of employees who work for the filing organization but are compensated by a related organization. Form 990, Part VI, Line 15 The organization does not compensate any officers or key employees. Therefore, these lines were answered no in accordance with the instructions. Form 990, Part VI, Line 1a Delegate broad authority to a committee The Executive Committee, consisting of the Officers of the Corporation and the Head of School of Wheaton Academy, will act for the Board of Directors in the day to day management of this Corporation in the absence of action by the Board, where legally permissible. The Chairperson of the Corporation shall serve as the Chairperson of the Executive Committee. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body If the Board of Directors endorse any or all of the candidates so tendered, the Secretary of the Board of Directors shall tender the names and qualification of the candidates so endorsed to the Board of Trustees of Wheaton Academy not later than the regularly scheduled June meeting of the Board of Trustees of Wheaton Academy for a vote to be elected or not elected as Directors of this Corporation. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders A Director may be removed with or without cause by the Board of Trustees of Wheaton Academy at any time. The power to alter, amend, or repeal these Bylaws, or to adopt new Bylaws, is vested in the Board of Directors subject to the approval of the Board of Trustees of Wheaton Academy. Form 990, Part VI, Line 11b Review of form 990 by governing body Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's President and Treasurer prior to filing with the IRS. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The Executive Director is responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. The Chairman reviews the Executive Director's conflict of interest statement. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Line 19 Required documents available to the public The governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part IX, Line 11g Other Fees Contracted services - Total Expense: 58851, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: 58851; Wheaton Academy 900 Prince Crossing West Chicago IL 60185 362388793 Operation of Accredited High School IL 501(c)(3) 2 NA false Wheaton Academy Institute 900 Prince Crossing West Chicago IL 60185 474967070 Operating an international student program IL 501(c)(3) Type I Wheaton Academy false false true false false false false false false false false false true false true true true true false false