Totals
- Total revenue
- $11,125,353
- Total expenses
- $11,405,452
- Contributions and grants received
- $10,947,959
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $177,394
- Total assets, end of year
- $8,448,404
- Total liabilities, end of year
- $10,386,257
- Net assets or fund balances, end of year
- -$1,937,853
- Program services expenses (Part IX)
- $10,220,910
- Management and general expenses
- $1,184,542
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $10,220,910
Program services were 89.6% 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.
-
1e · Government grants (contributions)
$10,800,153
-
1f · All other contributions, gifts and grants
$147,806
-
8a · Fundraising events: gross income
$4,839
-
8b · Fundraising events: direct expenses
$783
-
8c · Net income from fundraising events
total $4,056 · excluded $4,056
-
11d · All other revenue
total $173,338 · related or exempt $173,338
-
11e · Other revenue, total
$173,338
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $496,027 · program services $247,657 · management and general $248,370
-
7 · Other salaries and wages
total $5,772,553 · program services $5,397,393 · management and general $375,160
-
8 · Pension plan contributions
total $516,998 · program services $466,307 · management and general $50,691
-
9 · Other employee benefits
total $559,747 · program services $481,362 · management and general $78,385
-
10 · Payroll taxes
total $463,906 · program services $417,247 · management and general $46,659
-
11b · Fees: legal
total $2,800 · management and general $2,800
-
11c · Fees: accounting
total $27,868 · management and general $27,868
-
11g · Fees: other
total $683,997 · program services $569,057 · management and general $114,940
-
12 · Advertising and promotion
total $9,925 · management and general $9,925
-
13 · Office expenses
total $301,714 · program services $245,369 · management and general $56,345
-
14 · Information technology
total $58,771 · program services $1,472 · management and general $57,299
-
16 · Occupancy
total $1,066,999 · program services $996,749 · management and general $70,250
-
17 · Travel
total $43,014 · program services $43,014
-
19 · Conferences, conventions and meetings
total $9,007 · program services $9,007
-
20 · Interest
total $3,106 · program services $1,962 · management and general $1,144
-
22 · Depreciation, depletion and amortization
total $60,226 · program services $60,105 · management and general $121
-
23 · Insurance
total $43,783 · program services $43,783
-
24a · Other expenses: TRANSPORTATION
total $515,772 · program services $515,772
-
24b · Other expenses: FOOD
total $424,727 · program services $424,727
-
24c · Other expenses: INSTRUCTIONAL SUPPLIES
total $227,947 · program services $227,947
-
24d · Other expenses: STAFF TUITION REIMBURSE
total $47,927 · program services $47,927
-
24e · All other expenses
total $68,638 · program services $24,053 · management and general $44,585
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,006,616 · end of year $351,002
-
3 · Pledges and grants receivable
beginning of year $1,871,967 · end of year $2,179,055
-
4 · Accounts receivable
beginning of year $34,433 · end of year $68,857
-
6 · Loans and receivables from disqualified persons
beginning of year $72,508 · end of year $102,551
-
9 · Prepaid expenses and deferred charges
beginning of year $4,305 · end of year $3,200
-
10a · Land, buildings and equipment: cost or other basis
$273,029
-
10b · Land, buildings and equipment: accumulated depreciation
$236,054
-
10c · Land, buildings and equipment, net
beginning of year $65,066 · end of year $36,975
-
15 · Other assets
beginning of year $4,358,488 · end of year $5,706,764
-
17 · Accounts payable and accrued expenses
beginning of year $1,268,726 · end of year $1,345,641
-
19 · Deferred revenue
beginning of year $125,000 · end of year $99,268
-
23 · Secured mortgages and notes payable
beginning of year $20,838 · end of year $0
-
25 · Other liabilities
beginning of year $9,542,749 · end of year $8,941,348
-
29 · Capital stock, trust principal or current funds
beginning of year -$3,608,996 · end of year -$1,974,828
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $65,066 · end of year $36,975
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
PARTNERSHIP ACADEMY PROVIDES EXCEPTIONAL LEARNING OPPORTUNITIES FOR STUDENTS IN GRADES PRESCHOOL-8TH GRADE WHO LIVE IN RICHFIELD AND NEIGHBORING COMMUNITIES OF BLOOMINGTON AND SOUTH MINNEAPOLIS. STUDENTS AT PARTNERSHIP ACADEMY BENEFIT FROM AN EXCEPTIONAL ACADEMIC PROGRAM THAT IS CULTURALLY RELEVANT AND FOSTERS STRONG SOCIAL AND EMOTIONAL WELLBEING. STUDENTS HAVE ONE TO ONE DEVICE ACCESS TO TECHNOLOGY AS WELL AS OPPORTUNITIES TO PARTICIPATE IN EXTENDED LEARNING THROUGH AFTER SCHOOL AND SUMMER PROGRAMMING.
Activities or mission (Part I)
CREATE LEARNING EXPERIENCES AND PARTNERSHIPS EMPOWERING STUDENTS TO ACHIEVE THEIR GREATEST POTENTIAL
-
OPERATION OF AN EDUCATIONAL INSTITUTION FOR APPROXIMATELY 530 STUDENTS IN GRADES PRESCHOOL THROUGH EIGHTH. ENROLLMENT AT THE SCHOOL CONTINUES TO BE STRONG AND PARENT SATISFACTION IS VERY HIGH.
Expenses $10,220,910 · Revenue $173,338
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jessica ArnoldiJESSICA ARNOLDI
SECRETARY/TEACHER
- Total calculated
- $73,804
- From this org
- $65,488
- From related orgs
- $0
- Other
- $8,316
- Hours/week
- 41
-
Christa HeiligenthalCHRISTA HEILIGENTHAL
TREASURER/TEACHER
- Total calculated
- $66,650
- From this org
- $58,906
- From related orgs
- $0
- Other
- $7,744
- Hours/week
- 41
-
Lena Stackhouse-RogersLENA STACKHOUSE-ROGERS
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 41
-
Craig NolesCRAIG NOLES
TEACHER
- Total calculated
- $46,987
- From this org
- $42,764
- From related orgs
- $0
- Other
- $4,223
- Hours/week
- 41
-
Veronica RamosVERONICA RAMOS
PRESIDENT/CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Cyndi Franco SandovalCYNDI FRANCO SANDOVAL
PARENT MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Candace BassCANDACE BASS
COMMUNITY MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Maria Luna MedinaMARIA LUNA MEDINA
PARENT MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Maria AnduezaMARIA ANDUEZA
PARENT MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael JohnsonMICHAEL JOHNSON
EXECUTIVE DIRECTOR
- Total calculated
- $75,985
- From this org
- $70,000
- From related orgs
- $0
- Other
- $5,985
- Hours/week
- 41
-
Lisa HendricksLISA HENDRICKS
DIRECTOR OF FINANCE/FOUNDER
- Total calculated
- $151,402
- From this org
- $139,587
- From related orgs
- $0
- Other
- $11,815
- Hours/week
- 41 + 1 related
Schedule J breakdown matched by us
- Base
- $139,587
- Bonus
- $0
- Other
- $0
- Deferred
- $11,815
- Nontaxable benefits
- $0
- Filer's total
- $151,402
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 survey or study
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
PARTNERSHIP ACADEMY ASSOCIATION
501(C)(3) · SCHOOL-SUPPORTING ACTIVITIES, LEASE OF FACILITIES · MN
Directly controlled by PARTNERSHIP ACADEMY
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421349349307407
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