Civic Intelligence

Minnesota Math and Science Academy

990 • Fiscal year 2025 • EIN 46-4684051

Jul 01, 2024 to Jun 30, 2025

169 Jenks AvenueSaint Paul, MN 55117

(651) 246-0845

Siviq Scores

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

Liabilities / Assets

99th percentile

1.62x

Higher debt load relative to assets than 99% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

79th percentile

0.58x

Higher debt load relative to revenue than 79% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

42nd percentile

2.0%

Higher net margin than 42% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

52nd percentile

$133,078

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

74th percentile

12%

Faster asset growth than 74% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

86th percentile

42%

Faster revenue growth than 86% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$3,512,514

Up $373,840 (+12%) from 2024

Net Assets

Up

-$2,183,966

Up $192,610 (+8.1%) from 2024

Liabilities

Up

$5,696,480

Up $181,230 (+3.3%) from 2024

Revenue

Up

$9,855,236

Up $2,905,147 (+42%) from 2024

Expenses

Up

$9,662,626

Up $1,387,756 (+17%) from 2024

Net Income

Up

$192,610

Up $1,517,391 (+115%) from 2024

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2015: $696,762Liabilities 2015: $812,239Net Assets 2015: -$115,4772015Assets 2016: $1,798,621Liabilities 2016: $1,914,310Net Assets 2016: -$115,6892016Assets 2017: $6,726,991Liabilities 2017: $7,898,762Net Assets 2017: -$1,171,7712017Assets 2018: $6,441,122Liabilities 2018: $9,086,888Net Assets 2018: -$2,645,7662018Assets 2019: $6,014,074Liabilities 2019: $7,984,920Net Assets 2019: -$1,970,8462019Assets 2020: $5,658,171Liabilities 2020: $8,172,327Net Assets 2020: -$2,514,1562020Assets 2021: $5,552,242Liabilities 2021: $6,642,203Net Assets 2021: -$1,089,9612021Assets 2022: $4,599,912Liabilities 2022: $6,829,557Net Assets 2022: -$2,229,6452022Assets 2023: $5,589,166Liabilities 2023: $6,640,961Net Assets 2023: -$1,051,7952023Assets 2024: $3,138,674Liabilities 2024: $5,515,250Net Assets 2024: -$2,376,5762024Assets 2025: $3,512,514Liabilities 2025: $5,696,480Net Assets 2025: -$2,183,9662025

Highlighted filing

2025

Assets$3,512,514
Liabilities$5,696,480
Net Assets-$2,183,966

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2015: $3,463,553Expenses 2015: $3,579,030Net Income 2015: -$115,4772015Revenue 2016: $5,192,659Expenses 2016: $5,192,871Net Income 2016: -$2122016Revenue 2017: $6,442,200Expenses 2017: $7,498,282Net Income 2017: -$1,056,0822017Revenue 2018: $6,991,473Expenses 2018: $8,465,468Net Income 2018: -$1,473,9952018Revenue 2019: $6,878,540Expenses 2019: $6,203,620Net Income 2019: $674,9202019Revenue 2020: $7,396,929Expenses 2020: $7,940,239Net Income 2020: -$543,3102020Revenue 2021: $8,970,460Expenses 2021: $7,546,265Net Income 2021: $1,424,1952021Revenue 2022: $7,823,981Expenses 2022: $8,670,474Net Income 2022: -$846,4932022Revenue 2023: $9,999,332Expenses 2023: $8,821,482Net Income 2023: $1,177,8502023Revenue 2024: $6,950,089Expenses 2024: $8,274,870Net Income 2024: -$1,324,7812024Revenue 2025: $9,855,236Expenses 2025: $9,662,626Net Income 2025: $192,6102025

Highlighted filing

2025

Revenue$9,855,236
Expenses$9,662,626
Net Income$192,610
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 16, 2026
Return Version
2024v5.5
Gross Receipts
$9,855,236
Mission and Program Overview

Mission

The mission of the minnesota math and science academy (mmsa) is to prepare our students forcollege by creating an effective learning environment of higher standards and expectationswith a rigorous college preparatory curriculum that focuses on mathematics, science, andtechnology.

The mission of the minnesota math and science academy (mmsa) is to prepare our students for college by creating an effective learning environment of higher standards and expectations with a rigorous college

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,230,052$1,861,803▲ $631,751
Cash and Non-Interest-Bearing Accounts$239,569$304,115▲ $64,546
Land, Buildings, and Equipment, Net$140,357$117,750▼ $22,607
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-2,376,576$-2,183,966▲ $192,610
Total Assets$3,138,674$3,512,514▲ $373,840
Other Assets Total$1,528,696$1,228,846▼ $299,850
Liabilities
Other Liabilities$4,782,394$4,371,624▼ $410,770
Accounts Payable and Accrued Expenses$732,856$1,324,856▲ $592,000
Total Liabilities$5,515,250$5,696,480▲ $181,230
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,376,576$-2,183,966▲ $192,610
Total Liabilities and Net Assets / Fund Balance$3,138,674$3,512,514▲ $373,840

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$82,808$1,067,273$1,150,081
Leasehold Improvements$34,942$118,423$153,365
Other Assets Org$1,228,846--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Stephen Dwayne West PhdExecutive DirectorFT$133,078$133,078
Jessica CosgrovePresidentFT$67,513$67,513
Bahrey HagosMemberFT$65,480$65,480

Board Members and Trustees

NameTitle
Leslie AktanMember
Safiyo AliMember
Suleiman AhmedMember
Revenue and Support

Revenue Composition

Contributions and Grants
$9,855,236
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$192,610

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,855,236
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$9,855,236
Total Revenue per Form 990
$9,855,236
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,314,959
Other Expenses$4,347,667
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,882,469$431,385-$4,313,854
Travel$1,288,500$143,167-$1,431,667
Other Employee Benefits$900,995$100,110-$1,001,105
Occupancy$678,379$75,375-$753,754
Information Technology$60,120$6,680-$66,800
Other Expenses$44,695$4,966-$49,661
Insurance$31,353$3,484-$34,837
Advertising$28,674$3,186-$31,860
Total Functional Expenses$8,696,364$966,262$0$9,662,626

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,662,626
Total Expenses per Audited Statements$9,662,626
Total Expenses per Form 990$9,662,626
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$3,083,163
Pension Plan Deferments$1,288,461
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
No
Management duties delegated
No

Governance Explanations

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

Once the 990 is completed by an independent cpa, a copy will be provided to the director of the academy and the board via email for review before filing.

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

Annually, directors are required to sign a conflict of interest statement

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

Executive director will be evaluated each year by the board. Staff/parent surveys are taken each year at year-end. Compensation for all employees including the director are recommended to the board via the budget which is then approved by the board. The board then approves all employement agreements/contracts.

Form 990, Part VI, Section C, Line 19

The organization makes it governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Minnesota Math and Science Academy
EIN
46-4684051
Phone
6512460845
Address
169 JENKS AVENUE, SAINT PAUL, MN 55117

Signing Officer

Name
Hasan Damar
Title
Treasurer
Phone
6512460845
Signed
2026-03-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hasan Damar
Formed
2013
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
5
Employees
131
Volunteers
0

Preparer

Firm
Thomas & Company CPA Pa
Address
9710 STIRLING RD SUITE 101, HOLLYWOOD, FL 33024
Preparer
Roby Thomas
Phone
9544357272
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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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'S ENROLLMENT AND LOTTERY POLICY IS AVAILABLE ON ITS WEBSITE
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ACADEMY RECEIVED STATE AND FEDERAL AID PAYMENTS AND GRANTS TO FINANCE THE OPERATIONAL ACTIVITIES OF THE ACADEMY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ONCE THE 990 IS COMPLETED BY AN INDEPENDENT CPA, A COPY WILL BE PROVIDED TO THE DIRECTOR OF THE ACADEMY AND THE BOARD VIA EMAIL FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY, DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE DIRECTOR WILL BE EVALUATED EACH YEAR BY THE BOARD. STAFF/PARENT SURVEYS ARE TAKEN EACH YEAR AT YEAR-END. COMPENSATION FOR ALL EMPLOYEES INCLUDING THE DIRECTOR ARE RECOMMENDED TO THE BOARD VIA THE BUDGET WHICH IS THEN APPROVED BY THE BOARD. THE BOARD THEN APPROVES ALL EMPLOYEMENT AGREEMENTS/CONTRACTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0MINNESOTA MATH AND SCIENCE ACADEMY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MMSA BUILDING COMPANY 85-0917354 169 EAST JENKS AVENUE SAINT PAUL MN 55117
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATIONAL FACILITY
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03138674
IRS990/TotalAssetsEOYAmt03512514
IRS990/TotalAssetsGrp/BOYAmt03138674
IRS990/TotalAssetsGrp/EOYAmt03512514
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt09855236
IRS990/TotalEmployeeCnt0131
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0966262
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt08696364
IRS990/TotalFunctionalExpensesGrp/TotalAmt09662626
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05515250
IRS990/TotalLiabilitiesEOYAmt05696480
IRS990/TotalLiabilitiesGrp/BOYAmt05515250
IRS990/TotalLiabilitiesGrp/EOYAmt05696480
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2376576
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-2183966
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt08696364
IRS990/TotalReportableCompFromOrgAmt0266071
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt09855236
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03138674
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03512514
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0143167
IRS990/TravelGrp/ProgramServicesAmt01288500
IRS990/TravelGrp/TotalAmt01431667
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0169 JENKS AVENUE
IRS990/USAddress/CityNm0SAINT PAUL
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055117
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.MMSAWEB.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HASAN DAMAR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06512460845
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINNESOTA MATH AND SCIENCE ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0464684051
ReturnHeader/Filer/PhoneNum06512460845
ReturnHeader/Filer/USAddress/AddressLine1Txt0169 JENKS AVENUE
ReturnHeader/Filer/USAddress/CityNm0SAINT PAUL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055117
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0753125446
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THOMAS & COMPANY CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09710 STIRLING RD SUITE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOLLYWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033024
ReturnHeader/PreparerPersonGrp/PhoneNum09544357272
ReturnHeader/PreparerPersonGrp/PreparationDt02026-03-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBY THOMAS
ReturnHeader/ReturnTs02026-03-16T12:07:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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