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Nonprofiteer
← GPS EDUCATION PARTNERS INC

Form 990 for tax year 2023

Filed by GPS EDUCATION PARTNERS INC.

Totals

Total revenue
$6,537,351
Total expenses
$5,321,776
Contributions and grants received
$4,342,569
Grants paid
$0
Program service revenue
$1,771,167
Investment income
$447,630
Other revenue
-$24,015
Total assets, end of year
$5,591,047
Total liabilities, end of year
$1,177,194
Net assets or fund balances, end of year
$4,413,853
Program services expenses (Part IX)
$4,038,644
Management and general expenses
$723,997
Fundraising expenses
$559,135
Program service expenses (Part III)
$4,038,644

Program services were 75.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $125,693

  • 1c · Fundraising events

    $143,173

  • 1e · Government grants (contributions)

    $1,114,649

  • 1f · All other contributions, gifts and grants

    $2,959,054

  • 2a · Program service revenue: SCHOOL DISTRICT FEES

    total $1,008,540 · related or exempt $1,008,540

  • 2b · Program service revenue: CLIENT SOLUTION FEES

    total $744,952 · related or exempt $744,952

  • 2c · Program service revenue: STUDENT FEES

    total $17,675 · related or exempt $17,675

  • 3 · Investment income

    total $107,535 · excluded $107,535

  • 7a · Gross sales of assets other than inventory

    securities $1,946,366

  • 7b · Less cost or other basis and sales expenses

    securities $1,606,271

  • 7c · Gain or loss

    securities $340,095

  • 7d · Net gain or loss

    total $340,095 · excluded $340,095

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $143,173

  • 8b · Fundraising events: direct expenses

    $24,015

  • 8c · Net income from fundraising events

    total -$24,015 · excluded -$24,015

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $240,464 · program services $79,353 · management and general $40,879 · fundraising $120,232

  • 7 · Other salaries and wages

    total $3,297,765 · program services $2,748,817 · management and general $357,804 · fundraising $191,144

  • 8 · Pension plan contributions

    total $122,458 · program services $97,883 · management and general $13,798 · fundraising $10,777

  • 9 · Other employee benefits

    total $355,595 · program services $284,233 · management and general $40,068 · fundraising $31,294

  • 10 · Payroll taxes

    total $260,901 · program services $208,543 · management and general $29,398 · fundraising $22,960

  • 11b · Fees: legal

    total $20,972 · management and general $20,972

  • 11c · Fees: accounting

    total $31,581 · management and general $31,581

  • 11f · Fees: investment management

    total $13,398 · management and general $13,398

  • 11g · Fees: other

    total $277,774 · program services $165,634 · management and general $70,912 · fundraising $41,228

  • 12 · Advertising and promotion

    total $41,901 · program services $27,620 · management and general $340 · fundraising $13,941

  • 13 · Office expenses

    total $209,355 · program services $160,502 · management and general $18,746 · fundraising $30,107

  • 14 · Information technology

    total $53,895 · program services $43,587 · management and general $5,565 · fundraising $4,743

  • 16 · Occupancy

    total $122,878 · program services $47,994 · management and general $21,585 · fundraising $53,299

  • 17 · Travel

    total $99,925 · program services $76,673 · management and general $11,735 · fundraising $11,517

  • 19 · Conferences, conventions and meetings

    total $85,336 · program services $56,458 · management and general $15,004 · fundraising $13,874

  • 20 · Interest

    total $73 · program services $25 · management and general $14 · fundraising $34

  • 22 · Depreciation, depletion and amortization

    total $19,367 · program services $6,778 · management and general $3,487 · fundraising $9,102

  • 23 · Insurance

    total $9,904 · program services $1,625 · management and general $6,097 · fundraising $2,182

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $22,675 · program services $10,154 · management and general $10,947 · fundraising $1,574

  • 24b · Other expenses: CLASSROOM AND STUDENT S

    total $16,607 · program services $16,607

  • 24e · All other expenses

    total $18,952 · program services $6,158 · management and general $11,667 · fundraising $1,127

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $586,138 · end of year $496,796

  • 2 · Savings and temporary cash investments

    beginning of year $2,790 · end of year $1,303,400

  • 3 · Pledges and grants receivable

    beginning of year $140,350 · end of year $207,793

  • 4 · Accounts receivable

    beginning of year $68,638 · end of year $232,049

  • 9 · Prepaid expenses and deferred charges

    beginning of year $76,045 · end of year $69,973

  • 10a · Land, buildings and equipment: cost or other basis

    $173,683

  • 10b · Land, buildings and equipment: accumulated depreciation

    $138,338

  • 10c · Land, buildings and equipment, net

    beginning of year $52,907 · end of year $35,345

  • 11 · Investments: publicly traded securities

    beginning of year $1,103,850 · end of year $1,486,249

  • 12 · Investments: other securities

    beginning of year $15,225 · end of year $33,038

  • 15 · Other assets

    beginning of year $2,221,537 · end of year $1,726,404

  • 17 · Accounts payable and accrued expenses

    beginning of year $189,386 · end of year $311,565

  • 19 · Deferred revenue

    beginning of year $0 · end of year $285,333

  • 25 · Other liabilities

    beginning of year $702,018 · end of year $580,296

  • 27 · Net assets without donor restrictions

    beginning of year $1,773,938 · end of year $2,635,791

  • 28 · Net assets with donor restrictions

    beginning of year $1,602,138 · end of year $1,778,062

Mission and programs · 2023

Mission

GPS EDUCATION PARTNERS IS A NON-PROFIT WORK-BASED LEARNING SOLUTIONS PROVIDER AND ADVOCATE, REPRESENTING OUR STUDENTS, BUSINESSES, AND COMMUNITIES, FOCUSING ON ACCESS AND EQUITY FOR ALL STUDENTS TO SUCCEED IN THE JOBS OF THE FUTURE.

  • GPS ED CONTINUES TO PROVIDE A TRANSFORMATIONAL ALTERNATIVE EDUCATION AND YOUTH APPRENTICESHIP PROGRAM THROUGH OUR SEVEN EDUCATION CENTERS LOCATED THROUGHOUT SOUTHEAST AND NORTHEAST WISCONSIN. WITH AN AVERAGE ANNUAL ENROLLMENT OF 200 STUDENTS, THIS IMMERSIVE PROGRAM ENABLES STUDENTS TO EARN THEIR HIGH SCHOOL DIPLOMA FROM THEIR HOME HIGH SCHOOL WHILE ALSO EARNING STACKABLE AND TRANSFERABLE CREDENTIALS ALIGNED WITH TECHNICAL CAREER PATHWAYS. THE CLASS OF 2024 HAD 95 SENIOR GRADUATES AND BOASTS A 97% GRADUATION RATE, WITH 91% EARNING THEIR NATIONAL CAREER READINESS CERTIFICATION, 96% EARNING THE FULL CERTIFIED PRODUCTION TECHNICIAN (CPT) CERTIFICATE FROM THE MANUFACTURING SKILL STANDARDS COUNCIL (MSSC), AND 77% HIRED FULL-TIME AT A GPS ED BUSINESS PARTNER OR WITHIN AN ADJACENT INDUSTRY. MANY GRADUATES WHO PLAN TO PURSUE POST-SECONDARY EDUCATION ALSO EARN COLLEGE CREDITS. NOTABLY, MOST OF OUR STUDENTS OVERCOME SEVERE ACADEMIC DEFICIENCIES AND GAIN VALUABLE SOFT SKILLS NEEDED FOR GAINFUL EMPLOYMENT. THE ORGANIZATION CONTINUES TO EXPAND ITS PORTFOLIO OF SCHOOL AND BUSINESS PARTNERS, PROVIDING MORE CAREER PATHWAYS TO MORE STUDENTS.ADDITIONALLY, GPS ED, AS A WORK-BASED LEARNING (WBL) INTERMEDIARY, OFFERS CUSTOMIZED PROGRAMMING FOR SPECIFIC CLIENTS, LEVERAGING ITS EXPERIENCE, RESOURCES, AND BEST PRACTICES TO CONSULT, CONVENE, PILOT, EXECUTE, AND SUPPORT WBL PROGRAMS. THESE SOLUTIONS MEET THE NEEDS OF THREE DISTINCT CLIENT GROUPS: SCHOOLS OR SCHOOL GROUPS, EMPLOYERS OR EMPLOYER ASSOCIATIONS, AND COMMUNITIES OR REGIONAL ENTITIES SEEKING TO ENGAGE HIGH SCHOOL STUDENTS IN CAREER-FOCUSED, HIGH-QUALITY WBL PROGRAMS. EACH CLIENT SOLUTION IS UNIQUELY TAILORED TO THE CLIENT'S NEEDS AND BRANDED TO REFLECT THE CLIENT'S ROLE, POWERED BY THE GPS ED PARTNERSHIP. THIS APPROACH ALLOWS GPS ED TO EXTEND ITS REACH TO MORE STUDENTS AND GEOGRAPHIES, REALIZING ITS VISION AND MISSION.

    Expenses $4,038,644 · Revenue $1,771,167

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dawn Tabat

    FOUNDING DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5
  • Rebekah Kowalski

    CHAIR

    Total calculated
    $0
    Hours/week
    1.5
  • Claire Huschen

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1.5
  • Rick Steiner

    TREASURER

    Total calculated
    $0
    Hours/week
    1.5
  • Hank Kohl

    SECRETARY

    Total calculated
    $0
    Hours/week
    1.5
  • Graham Anderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Rob Driscoll

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Dr John Hill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Bill Hughes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Joe Garza

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Rhonda Matschke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Julian Palacios

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Adonica Randall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Angela Frazier Arthur

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Stacey Force

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Rachele Lehr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Stephanie Reisner

    PRESIDENT, CHIEF EXECUTIVE

    Total calculated
    $181,253
    From this org
    $152,974
    From related orgs
    $0
    Other
    $28,279
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $138,394
    Bonus
    $14,580
    Other
    $0
    Deferred
    $7,346
    Nontaxable benefits
    $20,933
    Filer's total
    $181,253
  • Billie Torrentt

    CHIEF OPERATIONS OFFICER

    Total calculated
    $167,452
    From this org
    $145,247
    From related orgs
    $0
    Other
    $22,205
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $135,247
    Bonus
    $10,000
    Other
    $0
    Deferred
    $7,235
    Nontaxable benefits
    $14,970
    Filer's total
    $167,452
  • Michael Hepburn

    CHIEF INNOVATIVE OFFICER

    Total calculated
    $148,813
    From this org
    $120,160
    From related orgs
    $0
    Other
    $28,653
    Hours/week
    50
  • Laura Derpinghaus

    MARKETING DIRECTOR

    Total calculated
    $134,258
    From this org
    $105,008
    From related orgs
    $0
    Other
    $29,250
    Hours/week
    50

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
3 March 2025
IRS schema version
2023v6.0
Source object
202510649349300116

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