Civic Intelligence

Partnership Academy Inc

990 • Fiscal year 2022 • EIN 01-0701608

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 23, 2023

6500 Nicollet Avenue 101Minneapolis, MN 55423

(612) 866-3630

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

1.48x

Higher debt load relative to assets than 98% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.98x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

37th percentile

1.7%

Higher net margin than 37% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

38th percentile

$145,678

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

67th percentile

7.7%

Faster asset growth than 67% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

74th percentile

22%

Faster revenue growth than 74% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$7,413,383

Up $529,568 (+7.7%) from 2021

Net Assets

Up

-$3,543,930

Up $51,306 (+1.4%) from 2021

Liabilities

Up

$10,957,313

Up $478,262 (+4.6%) from 2021

Revenue

Up

$11,186,536

Up $2,040,226 (+22%) from 2021

Expenses

Up

$10,993,641

Up $2,235,950 (+26%) from 2021

Net Income

Down

$192,895

Down $195,724 (-50%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0-$5.0MAssets 2011: $1,155,777Liabilities 2011: $670,471Net Assets 2011: $485,3062011Assets 2012: $1,430,403Liabilities 2012: $942,390Net Assets 2012: $488,0132012Assets 2013: $939,695Liabilities 2013: $357,199Net Assets 2013: $582,4962013Assets 2014: $1,079,099Liabilities 2014: $487,976Net Assets 2014: $591,1232014Assets 2015: $1,423,418Liabilities 2015: $3,297,243Net Assets 2015: -$1,873,8252015Assets 2016: $1,794,027Liabilities 2016: $3,409,697Net Assets 2016: -$1,615,6702016Assets 2017: $6,947,458Liabilities 2017: $9,573,953Net Assets 2017: -$2,626,4952017Assets 2018: $6,715,235Liabilities 2018: $10,264,780Net Assets 2018: -$3,549,5452018Assets 2019: $5,733,196Liabilities 2019: $8,479,324Net Assets 2019: -$2,746,1282019Assets 2020: $5,069,662Liabilities 2020: $8,457,102Net Assets 2020: -$3,387,4402020Assets 2021: $6,883,815Liabilities 2021: $10,479,051Net Assets 2021: -$3,595,2362021Assets 2022: $7,413,383Liabilities 2022: $10,957,313Net Assets 2022: -$3,543,9302022Assets 2023: $8,448,404Liabilities 2023: $10,386,257Net Assets 2023: -$1,937,8532023Assets 2024: $7,027,105Liabilities 2024: $9,487,212Net Assets 2024: -$2,460,1072024

Highlighted filing

2022

Assets$7,413,383
Liabilities$10,957,313
Net Assets-$3,543,930

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $3,391,5072011Expenses 2012: $3,434,3912012Revenue 2013: $3,909,374Expenses 2013: $3,916,287Net Income 2013: -$6,9132013Revenue 2014: $4,747,986Expenses 2014: $4,739,359Net Income 2014: $8,6272014Revenue 2015: $4,893,313Expenses 2015: $4,823,323Net Income 2015: $69,9902015Revenue 2016: $5,212,698Expenses 2016: $4,954,543Net Income 2016: $258,1552016Revenue 2017: $5,917,794Expenses 2017: $6,928,619Net Income 2017: -$1,010,8252017Revenue 2018: $5,850,235Expenses 2018: $6,773,285Net Income 2018: -$923,0502018Revenue 2019: $6,161,303Expenses 2019: $5,357,886Net Income 2019: $803,4172019Revenue 2020: $7,746,728Expenses 2020: $8,388,040Net Income 2020: -$641,3122020Revenue 2021: $9,146,310Expenses 2021: $8,757,691Net Income 2021: $388,6192021Revenue 2022: $11,186,536Expenses 2022: $10,993,641Net Income 2022: $192,8952022Revenue 2023: $11,125,353Expenses 2023: $11,405,452Net Income 2023: -$280,0992023Revenue 2024: $12,057,351Expenses 2024: $11,981,488Net Income 2024: $75,8632024

Highlighted filing

2022

Revenue$11,186,536
Expenses$10,993,641
Net Income$192,895
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 23, 2023
Return Version
2021v4.2
Gross Receipts
$11,186,536
Mission and Program Overview

Mission

Partnership academy provides exceptional learning opportunities for students in grades k-5 who live in richfield and the neighboring communities of bloomington and south minneapolis. Students of partnership academy benefit from data-driven instruction, a well-developed english learner program, high-interest specials classes, social skills development, and an extended day program.

Create learning experiences and partnerships empowering students to achieve their greatest potential

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,430,248$1,871,967▲ $441,719
Cash and Non-Interest-Bearing Accounts$912,614$1,006,616▲ $94,002
Receivable From Disqualified Prsn$37,876$72,508▲ $34,632
Land, Buildings, and Equipment, Net$182,508$65,066▼ $117,442
Pd in Cap Srpls Land Bldg Eqp Fund$182,508$65,066▼ $117,442
Accounts Receivable$32,999$34,433▲ $1,434
Prepaid Expenses and Deferred Charges$36,278$4,305▼ $31,973
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$-3,777,744$-3,608,996▲ $168,748
Total Assets$6,883,815$7,413,383▲ $529,568
Other Assets Total$4,251,292$4,358,488▲ $107,196
Liabilities
Other Liabilities$9,293,618$9,542,749▲ $249,131
Accounts Payable and Accrued Expenses$1,015,259$1,268,726▲ $253,467
Deferred Revenue$42,280$125,000▲ $82,720
Mortgage Notes Payable Secured by Investment Property$127,894$20,838▼ $107,056
Total Liabilities$10,479,051$10,957,313▲ $478,262
Net Assets / Fund Balance
Total Net Assets Fund Balance$-3,595,236$-3,543,930▲ $51,306
Total Liabilities and Net Assets / Fund Balance$6,883,815$7,413,383▲ $529,568

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$65,066$200,708$265,774
Buildings$0$7,255$7,255
Other Assets Org$58,913--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa HendricksExecutive DirectorFT$135,514$10,164$145,678
Jessica ArnoldiSecretary/teacherFT$61,360$10,289$71,649
Christa HeiligenthalTreasurer/teacherFT$53,048$9,562$62,610
Lena Stackhouse-rogersCommunity Member/teacherFT$41,695$3,149$44,844
Craig NolesTeacherFT$23,658$1,774$25,432

Board Members and Trustees

NameTitle
Emily DalagerChair (part Year)
Robbie BurkhartChair (part Year)
Veronica RamosVice Chair
Teresa BechtoldCommunity Member (part Year)
Cyndi Franco SandovalParent Member
Martin LunaParent Member (part Year)

Highest Paid Contractors

ContractorServicesLocationCompensation
Monarch Bus Service INCTransportation101 EAST 10TH STREET SUITE 300, Hastings, MN 55033$420,120
Ckc Good FoodsSchool MealsPO BOX 431419, Minneapolis, MN 55443$379,931
Revenue and Support

Revenue Composition

Contributions and Grants
$11,136,767
Program Service Revenue
$0
Investment Income
$34
Other Revenue
$49,735
All Other Contributions
$207,290
Change in Net Assets
$192,895
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,510,519
Other Expenses$3,483,122
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,361,869$279,923-$5,641,792
Occupancy$797,258$64,009-$861,267
Fees for Services Other$490,988$163,831-$654,819
Other Employee Benefits$519,591$70,780-$590,371
Pension Plan Contributions$442,530$34,040-$476,570
Payroll Taxes$412,186$32,125-$444,311
Office Expenses$337,364$48,456-$385,820
Current Officers, Directors, Trustees, and Key Employees$207,094$150,381-$357,475
Fees for Services Accounting-$81,705-$81,705
Depreciation Depletion$61,234$359-$61,593
Other Expenses$48,811--$48,811
Information Technology-$44,635-$44,635
Insurance$41,404--$41,404
Interest$33,770$2,525-$36,295
Conferences and Meetings$30,016$864-$30,880
Travel$26,426$537-$26,963
All Other Expenses$4,709$15,809-$20,518
Fees for Services Legal-$8,466-$8,466
Advertising-$2,281-$2,281
Total Functional Expenses$9,992,915$1,000,726$0$10,993,641
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$37,876$72,508▲ $34,632
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Inflows of Resources Related to Pensions$6,270,608
Net Pension Liability - Long Term$3,213,020
Lease Liability$59,121
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The school's executive committee consists of two or more directors and has the authority to oversee the business and affairs of the school between meetings of the board of directors. The executive committee reports to the board of directors at the next board meeting concerning actions taken by the executive committee, with such actions subject to ratification by the full board of directors at such meeting.

Form 990, Part VI, Section A, Line 6

The school's members include individuals currently employed at the school and the parent(s)/guardian(s) of an enrolled student.

Form 990, Part VI, Section A, Line 7A

The members elect the board of directors at the annual meeting.

Form 990, Part VI, Section A, Line 7B

Amendments to the school's governing documents must be approved by a majority vote of the membership.

Form 990, Part VI, Section B, Line 11B

The finance committee of the board reviews the form 990 which is then brought to the full board for approval and signature. The presentation and approval of the form 990 is documented in the meeting minutes.

Form 990, Part VI, Section B, Line 12C

Board members will annually disclose their involvements with other organizations with vendors, or any associations, which might be or might reasonably be seen as being a conflict when the board is to decide upon an issue, about which a board member has an unavoidable conflict of interest, that board member shall absent herself or himself without comment from not only the vote, but also from the deliberation. Board members will not use their board position to obtain employment in the school for themselves, family members or close associates. Proceedings related to conflicts of interest are documented in the meeting minutes.

Form 990, Part VI, Section B, Line 15A

The executive director's salary is based on the market (other schools and nonprofits) analysis, budget factors, and performance reviews. The executive director's compensation is reviewed and approved by the board of directors. The school's other officers and teachers' salaries are based on the market (other schools and nonprofits) analysis, budget factors and performance reviews. The school's other officers and teachers' salaries are approved by the board through the budget approval process each spring. When individual salaries of the executive director or board members are discussed, they recuse themselves from the discussion and decision. These processes were last performed during fiscal year 18.

Form 990, Part VI, Section C, Line 19

The school's governing documents, conflict of interest policy and financial statements are made available to the public through the website and upon request.

Filing and Contact Details

Filer

Filer Name
Partnership Academy Inc
EIN
01-0701608
Phone
6128663630
Address
6500 NICOLLET AVENUE 101, MINNEAPOLIS, MN 55423

Signing Officer

Name
Lisa Hendricks
Title
Director of Finance
Phone
6128663630
Signed
2023-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Hendricks
Formed
2002
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
3
Employees
126
Volunteers
10

Preparer

Firm
Redpath and Company LLC
Address
4810 WHITE BEAR PARKWAY, WHITE BEAR LAKE, MN 55110
Preparer
Ashley Rehn CPA
Phone
6514267000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in pera & tera -141,589.

Financial Statement Notes

PART X, LINE 2:

A tax expense or benefit from an uncertain income tax position (including tax-exempt status) may be recognized only when it is more likely than not that the position will be sustained upon examination by taxing authorities. Management believes the school and paa have no uncertain income tax positions that would result in an accrual, expense or benefit under the more likely than not standard.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10135514
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY/TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER/TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt2COMMUNITY MEMBER/TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PARENT MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8PARENT MEMBER (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt9COMMUNITY MEMBER (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt010929477
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt011186536
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt044635
IRS990/InformationTechnologyGrp/TotalAmt044635
IRS990/InsuranceGrp/ProgramServicesAmt041404
IRS990/InsuranceGrp/TotalAmt041404
IRS990/InterestGrp/ManagementAndGeneralAmt02525
IRS990/InterestGrp/ProgramServicesAmt033770
IRS990/InterestGrp/TotalAmt036295
IRS990/InvestmentIncomeGrp/ExclusionAmt034
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt034
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt035
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0207963
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0182508
IRS990/LandBldgEquipBasisNetGrp/EOYAmt065066
IRS990/LandBldgEquipCostOrOtherBssAmt0273029
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd01
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt049735
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt049735
IRS990/MissionDesc0PARTNERSHIP 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0127894
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt020838
IRS990/NetAssetsOrFundBalancesBOYAmt0-3595236
IRS990/NetAssetsOrFundBalancesEOYAmt0-3543930
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt064009
IRS990/OccupancyGrp/ProgramServicesAmt0797258
IRS990/OccupancyGrp/TotalAmt0861267
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt048456
IRS990/OfficeExpensesGrp/ProgramServicesAmt0337364
IRS990/OfficeExpensesGrp/TotalAmt0385820
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04251292
IRS990/OtherAssetsTotalGrp/EOYAmt04358488
IRS990/OtherChangesInNetAssetsAmt0-141589
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt070780
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0519591
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0590371
IRS990/OtherExpensesGrp/Desc0TRANSPORTATION
IRS990/OtherExpensesGrp/Desc1FOOD
IRS990/OtherExpensesGrp/Desc2INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc3STAFF TUITION REIMBURSE
IRS990/OtherExpensesGrp/ProgramServicesAmt0460450
IRS990/OtherExpensesGrp/ProgramServicesAmt1435668
IRS990/OtherExpensesGrp/ProgramServicesAmt2281547
IRS990/OtherExpensesGrp/ProgramServicesAmt348811
IRS990/OtherExpensesGrp/TotalAmt0460450
IRS990/OtherExpensesGrp/TotalAmt1435668
IRS990/OtherExpensesGrp/TotalAmt2281547
IRS990/OtherExpensesGrp/TotalAmt348811
IRS990/OtherLiabilitiesGrp/BOYAmt09293618
IRS990/OtherLiabilitiesGrp/EOYAmt09542749
IRS990/OtherRevenueTotalAmt049735
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0279923
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05361869
IRS990/OtherSalariesAndWagesGrp/TotalAmt05641792
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt032125
IRS990/PayrollTaxesGrp/ProgramServicesAmt0412186
IRS990/PayrollTaxesGrp/TotalAmt0444311
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0182508
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt065066
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt034040
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0442530
IRS990/PensionPlanContributionsGrp/TotalAmt0476570
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01430248
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01871967
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt036278
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04305
IRS990/PrincipalOfficerNm0LISA HENDRICKS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt09142709
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt07
IRS990/PYOtherExpensesAmt02940117
IRS990/PYOtherRevenueAmt03594
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0388619
IRS990/PYSalariesCompEmpBnftPaidAmt05817574
IRS990/PYTotalExpensesAmt08757691
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09146310
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt037876
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt072508
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0192895
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt049735
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07255
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07255
IRS990ScheduleD/EquipmentGrp/BookValueAmt065066
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0200708
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0265774
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04299575
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt158913
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS OF RESOURCES RELATED TO PENSIONS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RIGHT OF USE LEASED ASSET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03213020
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16270608
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt259121
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY - LONG TERM
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS OF RESOURCES RELATED TO PENSIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LEASE LIABILITY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN INCOME TAX POSITION (INCLUDING TAX-EXEMPT STATUS) MAY BE RECOGNIZED ONLY WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT BELIEVES THE SCHOOL AND PAA HAVE NO UNCERTAIN INCOME TAX POSITIONS THAT WOULD RESULT IN AN ACCRUAL, EXPENSE OR BENEFIT UNDER THE MORE LIKELY THAN NOT STANDARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt065066
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04358488
IRS990ScheduleD/TotalLiabilityAmt09542749
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH THEIR ADMISSIONS AND EMPLOYMENT APPLICATIONS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt072508
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0PARTNERSHIP ACADEMY ASSOCIATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0INITIAL FUNDING OF BUIDING ACQUISITION

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.03$9.49$2.46$12.1$12.0$0.08
2023Detailed filing. Detailed filing data is available for this year.$8.45$10.4$1.94$11.1$11.4$0.28
2022Detailed filing. Detailed filing data is available for this year.$7.41$11.0$3.54$11.2$11.0$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.88$10.5$3.60$9.15$8.76$0.39
2020Detailed filing. Detailed filing data is available for this year.$5.07$8.46$3.39$7.75$8.39$0.64
2019Detailed filing. Detailed filing data is available for this year.$5.73$8.48$2.75$6.16$5.36$0.80
2018Detailed filing. Detailed filing data is available for this year.$6.72$10.3$3.55$5.85$6.77$0.92
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$6.95$9.57$2.63$5.92$6.93$1.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.79$3.41$1.62$5.21$4.95$0.26
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$3.30$1.87$4.89$4.82$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.08$0.49$0.59$4.75$4.74$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.36$0.58$3.91$3.92$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.94$0.49$3.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.67$0.49$3.39