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 BensonMEDORA BENSON
BOARD TREASU
- Total calculated
- $0
- Hours/week
- 0.5
-
Drew CoveDREW COVE
BOARD SECRET
- Total calculated
- $0
- Hours/week
- 0.5
-
Kelly GutierrezKELLY GUTIERREZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Shawn PetersonSHAWN PETERSON
CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Rita ThorsonRITA 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
-
$5,013
ACADEMIC SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541359349315874
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