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Nonprofiteer
← ST CROIX PREPARATORY ACADEMY FOUNDATION

Form 990 for tax year 2023

Filed by ST CROIX PREPARATORY ACADEMY FOUNDATION.

Totals

Total revenue
$246,049
Total expenses
$23,733
Contributions and grants received
$192,933
Grants paid
$7,013
Program service revenue
$0
Investment income
$3,067
Other revenue
$50,049
Total assets, end of year
$464,069
Total liabilities, end of year
$18,000
Net assets or fund balances, end of year
$446,069
Program services expenses (Part IX)
$7,013
Management and general expenses
$16,720
Fundraising expenses
$0
Program service expenses (Part III)
$7,013

Program services were 29.5% 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.

  • 1c · Fundraising events

    $122,900

  • 1f · All other contributions, gifts and grants

    $70,033

  • 1g · Noncash contributions included above

    $25,851

  • 3 · Investment income

    total $3,067 · excluded $3,067

  • 8a · Fundraising events: gross income

    $70,216

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

    $122,900

  • 8b · Fundraising events: direct expenses

    $31,647

  • 8c · Net income from fundraising events

    total $38,569

  • 11a · Other revenue: SALES OF USED UNIFORMS

    total $11,480 · excluded $11,480

  • 11e · Other revenue, total

    $11,480

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $7,013 · program services $7,013

  • 11b · Fees: legal

    total $146 · management and general $146

  • 11c · Fees: accounting

    total $1,500 · management and general $1,500

  • 11f · Fees: investment management

    total $1,101 · management and general $1,101

  • 23 · Insurance

    total $1,892 · management and general $1,892

  • 24a · Other expenses: SUPPLIES

    total $5,142 · management and general $5,142

  • 24b · Other expenses: PURCHASES

    total $4,696 · management and general $4,696

  • 24c · Other expenses: SOFTWARE & APPS

    total $866 · management and general $866

  • 24d · Other expenses: MERCHANT ACCOUNT FEES

    total $633 · management and general $633

  • 24e · All other expenses

    total $744 · management and general $744

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $44,201 · end of year $287,564

  • 15 · Other assets

    beginning of year $170,454 · end of year $176,505

  • 25 · Other liabilities

    end of year $18,000

  • 27 · Net assets without donor restrictions

    beginning of year $31,201 · end of year $77,138

  • 28 · Net assets with donor restrictions

    beginning of year $183,454 · end of year $368,931

Mission and programs · 2023

Mission

TO SUPPORT THE EDUCATIONAL GOALS OF ST. CROIX PREP.

Activities or mission (Part I)

IN ALIGNMENT WITH THE ST. CROIX PREPARATORY ACADEMY (SCPA) MISSION TO DEVELOP EACH STUDENT'S ACADEMIC POTENTIAL, PERSONAL CHARACTER, AND LEADERSHIP QUALITIES, THE ST. CROIX PREP FOUNDATION PARTNERS WITH COMMUNITIES, LEADERS, AND ADVOCATES TO ENSURE THE SUSTAINABILITY OF AN EDUCATIONAL EXPERIENCE THAT DEVELOPS ENGAGED CITIZENS. THE FOUNDATION WAS ESTABLISHED AS A 501(C)(3) NON-PROFIT ORGANIZATION TO SUSTAIN THE MISSION AND ENHANCE THE EXPERIENCE OF SCPA.

  • ST. CROIX PREPARATORY ACADEMY FOUNDATION WAS INCORPORATED ON JANUARY 16, 2019 AS A NONPROFIT CORPORATION TO SUPPORT THE EDUCATIONAL GOALS OF ST. CROIX PREPARATORY ACADEMY AS WELL AS ITS STUDENTS AND TEACHERS. THE SPECIFIC PURPOSE OF ST. CROIX PREPARATORY ACADEMY FOUNDATION IS CHARITABLE: SUPPORTING THE EDUCATIONAL NEEDS OF ST. CROIX PREPARATORY ACADEMY IN STILLWATER, MINNESOTA. THIS INCLUDES, BUT IS NOT LIMITED TO: 1) FUNDING PROGRAMS SUCH AS MUSIC, FINE ARTS, COMPETITIVE SPORTS, AND OTHER ACADEMIC ENRICHMENT OPPORTUNITIES; 2) SUBSIDIZING TEACHERS' CLASSROOM AND PROFESSIONAL DEVELOPMENT NEEDS; 3) FUNDING FACILITY IMPROVEMENTS THROUGH SUPPORTING TECHNOLOGICAL AND INNOVATIVE ADVANCEMENTS; AND 4) PROMOTING THE COMMON GOOD THROUGH INSPIRED PHILANTHROPY.

    Expenses $7,013 · Grants $7,013

As filed on the 2023 return.

Listed in Part VII

  • Medora Benson

    BOARD TREASU

    Total calculated
    $0
    Hours/week
    0.5
  • Drew Cove

    BOARD SECRET

    Total calculated
    $0
    Hours/week
    0.5
  • Kelly Gutierrez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Shawn Peterson

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5
  • Rita Thorson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202541359349315874

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