Civic Intelligence

Hmong College Prep Academy

990 • Fiscal year 2017 • EIN 65-1180277

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 20, 2018

1515 Brewster StreetSt Paul, MN 55108

(651) 209-8002

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.70x

Higher debt load relative to assets than 82% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

67th percentile

0.49x

Higher debt load relative to revenue than 67% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

26th percentile

-2.6%

Higher net margin than 26% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

81st percentile

$320,071

Higher top officer pay than 81% of similar nonprofits.

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

90th percentile

31%

Faster asset growth than 90% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

70th percentile

14%

Faster revenue growth than 70% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$15,753,839

Up $3,733,513 (+31%) from 2016

Net Assets

Down

$4,755,175

Down $590,017 (-11%) from 2016

Liabilities

Up

$10,998,664

Up $4,323,530 (+65%) from 2016

Revenue

Up

$22,563,498

Up $2,784,039 (+14%) from 2016

Expenses

Up

$23,153,515

Up $5,404,871 (+30%) from 2016

Net Income

Down

-$590,017

Down $2,620,832 (-129%) from 2016

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $5,500,734Liabilities 2011: $766,424Net Assets 2011: $4,734,3102011Assets 2012: $6,413,152Liabilities 2012: $1,127,083Net Assets 2012: $5,286,0692012Assets 2013: $6,889,441Liabilities 2013: $1,013,357Net Assets 2013: $5,876,0842013Assets 2014: $8,258,288Liabilities 2014: $1,103,387Net Assets 2014: $7,154,9012014Assets 2015: $9,593,812Liabilities 2015: $6,279,435Net Assets 2015: $3,314,3772015Assets 2016: $12,020,326Liabilities 2016: $6,675,134Net Assets 2016: $5,345,1922016Assets 2017: $15,753,839Liabilities 2017: $10,998,664Net Assets 2017: $4,755,1752017Assets 2018: $35,149,143Liabilities 2018: $31,285,151Net Assets 2018: $3,863,9922018Assets 2019: $37,774,692Liabilities 2019: $27,871,721Net Assets 2019: $9,902,9712019Assets 2020: $36,596,752Liabilities 2020: $27,671,670Net Assets 2020: $8,925,0822020Assets 2021: $37,890,238Liabilities 2021: $27,102,815Net Assets 2021: $10,787,4232021Assets 2022: $38,243,782Liabilities 2022: $24,318,807Net Assets 2022: $13,924,9752022Assets 2023: $40,688,733Liabilities 2023: $22,000,168Net Assets 2023: $18,688,5652023Assets 2024: $44,363,882Liabilities 2024: $21,378,125Net Assets 2024: $22,985,7572024

Highlighted filing

2017

Assets$15,753,839
Liabilities$10,998,664
Net Assets$4,755,175

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2011: $8,213,6532011Revenue 2012: $9,795,844Expenses 2012: $9,072,365Net Income 2012: $723,4792012Expenses 2013: $10,196,9242013Revenue 2014: $15,097,200Expenses 2014: $13,818,383Net Income 2014: $1,278,8172014Revenue 2015: $17,202,968Expenses 2015: $15,959,026Net Income 2015: $1,243,9422015Revenue 2016: $19,779,459Expenses 2016: $17,748,644Net Income 2016: $2,030,8152016Revenue 2017: $22,563,498Expenses 2017: $23,153,515Net Income 2017: -$590,0172017Revenue 2018: $27,153,188Expenses 2018: $28,044,371Net Income 2018: -$891,1832018Revenue 2019: $30,830,532Expenses 2019: $27,363,722Net Income 2019: $3,466,8102019Revenue 2020: $32,893,932Expenses 2020: $32,594,797Net Income 2020: $299,1352020Revenue 2021: $35,478,590Expenses 2021: $30,642,219Net Income 2021: $4,836,3712021Revenue 2022: $39,503,395Expenses 2022: $36,365,843Net Income 2022: $3,137,5522022Revenue 2023: $42,491,137Expenses 2023: $37,727,547Net Income 2023: $4,763,5902023Revenue 2024: $46,268,076Expenses 2024: $41,970,884Net Income 2024: $4,297,1922024

Highlighted filing

2017

Revenue$22,563,498
Expenses$23,153,515
Net Income-$590,017
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 20, 2018
Return Version
2016v3.0
Gross Receipts
$22,568,554
Mission and Program Overview

Mission

Hmong college prep academy's mission is to provide the best integrated, challenging, and well-rounded educational experience to students in grades k-12.

To provide the best integrated, challenging, and well-rounded educational experience to students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$6,883,510$10,701,192▲ $3,817,682
Cap Stk Tr Prin Current Funds$3,033,701$2,565,324▼ $468,377
Land, Buildings, and Equipment, Net$2,311,491$2,463,275▲ $151,784
Accounts Receivable$2,390,517$2,406,616▲ $16,099
Pd in Cap Srpls Land Bldg Eqp Fund$2,311,491$2,189,851▼ $121,640
Prepaid Expenses and Deferred Charges$122,862$89,690▼ $33,172
Cash and Non-Interest-Bearing Accounts$165,492$77,221▼ $88,271
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$12,020,326$15,753,839▲ $3,733,513
Other Assets Total$146,454$15,845▼ $130,609
Liabilities
Other Liabilities$5,458,701$9,301,285▲ $3,842,584
Accounts Payable and Accrued Expenses$1,213,133$1,393,955▲ $180,822
Mortgage Notes Payable Secured by Investment Property$3,300$273,424▲ $270,124
Deferred Revenue-$30,000-
Total Liabilities$6,675,134$10,998,664▲ $4,323,530
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,345,192$4,755,175▼ $590,017
Total Liabilities and Net Assets / Fund Balance$12,020,326$15,753,839▲ $3,733,513

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,450,042$1,412,552$2,862,594
Leasehold Improvements$1,013,233$205,553$1,218,786
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christianna HangSuperintendentFT$263,888$56,183$320,071
Paul YangOperations DirectorFT$254,823$21,083$275,906
Danijela DuvnjakDirector of TeachingFT$109,338$8,687$118,025
James CaveSecretaryFT$65,881$8,544$74,425
Christy YongvangBoard Member-$3,000-$3,000
Jason HelgemoeBoard Chair-$3,000-$3,000
Kalc VangBoard Member-$3,000-$3,000
Lucas YangBoard Member-$3,000-$3,000
Maisian SchiungTreasurer-$3,000-$3,000
Vue ThaowVice Chair-$3,000-$3,000

Highest Paid Contractors

ContractorServicesLocationCompensation
Hmong American PartnershipStudent Transporation394 UNIVERSITY AVE W, St Paul, MN 55103$1,456,500
Blue Bell EnterprisesFood Service1415 MENDOTA HEIGHTS RD, Mendota Heights, MN 55120$1,045,167
Advanced Speech Therapy LLCSpeech Services6776 LAKE DR STE 220, Lino Lakes, MN 55014$237,475
Teachers On CallSubstitute Teachers3001 METRO DRIVE STE 200, Bloomington, MN 55425$170,618
Beltz Kes Darling & AssociatesFinancial Mgmt & Accting22488 CHIPPENDALE AVE, Farmington, MN 55024$134,604
Revenue and Support

Revenue Composition

Contributions and Grants
$22,152,607
Program Service Revenue
$116,333
Investment Income
$9,280
Other Revenue
$285,278
All Other Contributions
$14,929
Change in Net Assets
$-590,017

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,207,798
Revenue Not Reported on Financial Statements
$355,700
Revenue Not Reported on Form 990
$46,790,049
Other Revenue Adjustments
$355,700
Total Revenue per Audited Statements
$68,997,847
Total Revenue per Form 990
$22,563,498
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$14,459,875
Other Expenses$8,693,640
Total Fundraising Expense$3,200
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,125,484$911,748-$8,037,232
Pension Plan Contributions$4,421,598$397,608-$4,819,206
Occupancy$2,628,328--$2,628,328
Fees for Services Other$879,473$10,261$3,200$892,934
Payroll Taxes$545,625$139,031-$684,656
Office Expenses$156,827$522,384-$679,211
Other Employee Benefits$366,403$59,600-$426,003
Current Officers, Directors, Trustees, and Key Employees$78,119$345,529-$423,648
Information Technology$339,450$78,754-$418,204
Depreciation Depletion$285,112$5,673-$290,785
Advertising-$190,694-$190,694
All Other Expenses$138,903$25,720-$164,623
Fees for Services Accounting-$149,565-$149,565
Other Expenses$106,416--$106,416
Conferences and Meetings$79,502$10,089-$89,591
Comp Disqual Persons$69,130--$69,130
Insurance$37,190--$37,190
Interest$18,862--$18,862
Fees for Services Legal-$5,858-$5,858
Total Functional Expenses$20,297,801$2,852,514$3,200$23,153,515

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$45,527,558
Expenses Not Reported on Form 990$27,281,689
Total Expenses per Form 990$23,153,515
Expenses per Audited Statements$18,245,869
Expenses Not Reported on Financial Statements$4,907,646
Other Expense Adjustments$4,907,646
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$19,602
Fundraising Direct Expenses$5,056
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Group Fundraisers$19,602$19,602$5,056$14,546
Total Events$19,602$19,602$5,056$14,546
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Family Relationship With Christianna Hang, SuperintendentFiscal Year CompensationNo$293,638
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability, Def Outflow/inflow$9,301,285
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 family members
Yes
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 A, Line 7A

The academy's board of directors are elected by the parents, teachers and staff of the academy at the annual meeting.

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

The form 990 is reviewed in detail by the superintendent. Once the form 990 is compiled, it will be further reviewed by a board member of the academy.

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

The board members are required to sign off on an annual conflict of interest form indicating they have acknowledged that no conflicts of interest existed. They are also required to review all vendor contracts as presented to the board and to ensure that no conflicts of interest exist with vendors. The school has not had a case where persons with conflict of interest existed since inception. If a conflict would arise, the individual would disclose the facts and circumstances to the remaining board members who would review and determine if a conflict exists. The individual would not be allowed to participate in the determination, discussion, or vote on the transaction. All proceedings related to conflicts of interest would be documented in the meeting minutes.

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

The governance board review committee used the appropriate data including compensation of other like school districts to determine fair and equitable compensation. This process is part of the superintendent contractual renewal process that takes place every three years. The renewal of the superintendent contract is documented in board meeting minutes. This process was last conducted in fy16 for a contract beginning with the 2016-17 school year for the superintendent, christianna hang.

Form 990, Part VI, Section C, Line 19

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

FORM 990, PART VII, SECTION A:

Related board members per mn statute 124e.07, charter schools are required to have a licensed teacher as a member of the board of directors. James cave is a board member but received compensation for his services as a teacher.

Filing and Contact Details

Filer

Filer Name
Hmong College Prep Academy
EIN
65-1180277
Phone
6512098002
Address
1515 BREWSTER STREET, ST PAUL, MN 55108

Signing Officer

Name
Christianna Hang
Title
Superintendent
Phone
6512098002
Signed
2018-03-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christianna Hang
Formed
2003
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
6
Employees
238
Volunteers
50

Preparer

Firm
Bergankdv Ltd
Address
3800 AMERICAN BLVD WEST SUITE 1000, MINNEAPOLIS, MN 55431-4420
Preparer
Theresa Goette
Phone
9525636800
Supplemental Narrative

Additional Explanations

FORM 990, PART X, LINE 25:

Pension liabilities, net of pension deferred outflows & inflows: as a charter school in the state of minnesota, participation in two multiple-employer, cost-sharing defined benefit pension plans is statutorily required. The school's contributions to the plans are also regulated by statute and are based on a percentage of salaries and wages earned by current employees. Therefore, while the net pension liability is reported on the school's statement of net position, the school is not in a position to directly control the liability or the subsequent liquidation of the liability.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Hmong education reform company revenues 46,784,993. Fundraising expenses 5,056.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

State aids related to pension 355,700.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Capital outlays 483,686. Principal payments on capital leases 107,335. Hmong education reform company expenses 26,685,612. Fundraising expenses 5,056.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Depreciation expense 290,785. Change in net pension liability 4,198,283. Issuance of capital lease 377,459. Loss on disposal of assets 41,119.

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IRS990/ActivityOrMissionDesc0TO PROVIDE THE BEST INTEGRATED, CHALLENGING, AND WELL-ROUNDED EDUCATIONAL EXPERIENCE TO STUDENTS.
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IRS990/Desc0HMONG COLLEGE PREP ACADEMY (HCPA) IS A K-12 SCHOOL DISTRICT WITH SMALL CLASS SIZES AND AN INDIVIDUALIZED PROGRAM FOR EACH STUDENT. HCPA PLANS TO OFFER AN EXTENDED SCHOOL YEAR WITH CORE CURRICULUM ENRICHED WITH HMONG CULTURE AND LANGUAGE TO STRENGTHEN STUDENT ACHIEVEMENT. INSTRUCTIONAL FOCUS: HIGH ACADEMIC STANDARDS ALIGNED WITH MINNESOTA STATE STANDARDS, COLLEGE PREPARATORY CURRICULUM, SMALL LEARNING COMMUNITIES, INDIVIDUALIZED, PROJECT-BASED LEARNING, CULTURAL CONGRUENCE AND INTEGRATION, HMONG LANGUAGE/CULTURE AND MUSIC, STRONG COMMUNITY-SCHOOL PARTNERSHIPS, COMMUNITY SERVICE LEADERSHIP OPPORTUNITIES WITH COMMUNITY INVOLVEMENT. AVERAGE ENROLLMENT FOR THE 2016-2017 YEAR WAS 1,473.
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IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt28544
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt748059
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt821083
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt98687
IRS990/Form990PartVIISectionAGrp/PersonNm0JASON HELGEMOE
IRS990/Form990PartVIISectionAGrp/PersonNm1VUE THAOW
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES CAVE
IRS990/Form990PartVIISectionAGrp/PersonNm3MAISIAN SCHIUNG
IRS990/Form990PartVIISectionAGrp/PersonNm4KALC VANG
IRS990/Form990PartVIISectionAGrp/PersonNm5LUCAS YANG
IRS990/Form990PartVIISectionAGrp/PersonNm6CHRISTY YONGVANG
IRS990/Form990PartVIISectionAGrp/PersonNm7CHRISTIANNA HANG
IRS990/Form990PartVIISectionAGrp/PersonNm8PAUL YANG
IRS990/Form990PartVIISectionAGrp/PersonNm9DANIJELA DUVNJAK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt03000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt265881
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt33000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt43000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt53000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt63000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7272012
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8254823
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9109338
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/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7SUPERINTENDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8OPERATIONS DIR.
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIR. OF TEACHING
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt05056
IRS990/FundraisingGrossIncomeAmt019602
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt022137678
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt022568554
IRS990/GrossRentsGrp/RealAmt031516
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt078754
IRS990/InformationTechnologyGrp/ProgramServicesAmt0339450
IRS990/InformationTechnologyGrp/TotalAmt0418204
IRS990/InsuranceGrp/ProgramServicesAmt037190
IRS990/InsuranceGrp/TotalAmt037190
IRS990/InterestGrp/ProgramServicesAmt018862
IRS990/InterestGrp/TotalAmt018862
IRS990/InvestmentIncomeGrp/ExclusionAmt09280
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt09280
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt028
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01618105
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02311491
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02463275
IRS990/LandBldgEquipCostOrOtherBssAmt04081380
IRS990/LegalDomicileStateCd0MN
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0HMONG COLLEGE PREP ACADEMY'S MISSION IS TO PROVIDE THE BEST INTEGRATED, CHALLENGING, AND WELL-ROUNDED EDUCATIONAL EXPERIENCE TO STUDENTS IN GRADES K-12.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03300
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0273424
IRS990/NetAssetsOrFundBalancesBOYAmt05345192
IRS990/NetAssetsOrFundBalancesEOYAmt04755175
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt014546
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt014546
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt031516
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt031516
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt02628328
IRS990/OccupancyGrp/TotalAmt02628328
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0522384
IRS990/OfficeExpensesGrp/ProgramServicesAmt0156827
IRS990/OfficeExpensesGrp/TotalAmt0679211
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0146454
IRS990/OtherAssetsTotalGrp/EOYAmt015845
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt059600
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0366403
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0426003
IRS990/OtherExpensesGrp/Desc0STUDENT TRANSPORTATION
IRS990/OtherExpensesGrp/Desc1FOOD SERVICE
IRS990/OtherExpensesGrp/Desc2INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc3EQUIP RENTAL & REPAIRS
IRS990/OtherExpensesGrp/ProgramServicesAmt01669561
IRS990/OtherExpensesGrp/ProgramServicesAmt11134853
IRS990/OtherExpensesGrp/ProgramServicesAmt2216965
IRS990/OtherExpensesGrp/ProgramServicesAmt3106416
IRS990/OtherExpensesGrp/TotalAmt01669561
IRS990/OtherExpensesGrp/TotalAmt11134853
IRS990/OtherExpensesGrp/TotalAmt2216965
IRS990/OtherExpensesGrp/TotalAmt3106416
IRS990/OtherLiabilitiesGrp/BOYAmt05458701
IRS990/OtherLiabilitiesGrp/EOYAmt09301285
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/Desc1INSURANCE RECOVERY
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0181409
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt157807
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0181409
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt157807
IRS990/OtherRevenueTotalAmt0239216
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0911748
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt07125484
IRS990/OtherSalariesAndWagesGrp/TotalAmt08037232
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0139031
IRS990/PayrollTaxesGrp/ProgramServicesAmt0545625
IRS990/PayrollTaxesGrp/TotalAmt0684656
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt02311491
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt02189851
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0397608
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04421598
IRS990/PensionPlanContributionsGrp/TotalAmt04819206
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0122862
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt089690
IRS990/PrincipalOfficerNm0CHRISTIANNA HANG
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3722210
IRS990/ProgramServiceRevenueGrp/Desc0FEES FROM PATRONS
IRS990/ProgramServiceRevenueGrp/Desc1MEDICAL ASSISTANCE
IRS990/ProgramServiceRevenueGrp/Desc2ADMISSION/ACTIVITY REV
IRS990/ProgramServiceRevenueGrp/Desc3FOOD SALES TO ADULTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt041800
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt135462
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt228263
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt310808
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt041800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt135462
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt228263
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt310808
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt019495383
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt07254
IRS990/PYOtherExpensesAmt08136408
IRS990/PYOtherRevenueAmt0167439
IRS990/PYProgramServiceRevenueAmt0109383
IRS990/PYRevenuesLessExpensesAmt02030815
IRS990/PYSalariesCompEmpBnftPaidAmt09612236
IRS990/PYTotalExpensesAmt017748644
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt019779459
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-590017
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt031516
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0355549
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06883510
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010701192
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/EquipmentGrp/BookValueAmt01450042
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01412552
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02862594
IRS990ScheduleD/ExpensesNotReportedAmt027281689
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt04907646
IRS990ScheduleD/ExpensesSubtotalAmt018245869
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01013233
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0205553
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01218786
IRS990ScheduleD/OtherExpensesIncludedAmt027281689
IRS990ScheduleD/OtherExpensesNotIncludedAmt04907646
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09301285
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY, DEF OUTFLOW/INFLOW
IRS990ScheduleD/OtherRevenueAmt046790049
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0355700
IRS990ScheduleD/RevenueNotReportedAmt046790049
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0355700
IRS990ScheduleD/RevenueSubtotalAmt022207798
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0HMONG EDUCATION REFORM COMPANY REVENUES 46,784,993. FUNDRAISING EXPENSES 5,056.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1STATE AIDS RELATED TO PENSION 355,700.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$44.4$21.4$23.0$46.3$42.0$4.30
2023Detailed filing. Detailed filing data is available for this year.$40.7$22.0$18.7$42.5$37.7$4.76
2022Detailed filing. Detailed filing data is available for this year.$38.2$24.3$13.9$39.5$36.4$3.14
2021Detailed filing. Detailed filing data is available for this year.$37.9$27.1$10.8$35.5$30.6$4.84
2020Detailed filing. Detailed filing data is available for this year.$36.6$27.7$8.93$32.9$32.6$0.30
2019Detailed filing. Detailed filing data is available for this year.$37.8$27.9$9.90$30.8$27.4$3.47
2018Detailed filing. Detailed filing data is available for this year.$35.1$31.3$3.86$27.2$28.0$0.89
2017Detailed filing. Detailed filing data is available for this year.$15.8$11.0$4.76$22.6$23.2$0.59
2016Detailed filing. Detailed filing data is available for this year.$12.0$6.68$5.35$19.8$17.7$2.03
2015Detailed filing. Detailed filing data is available for this year.$9.59$6.28$3.31$17.2$16.0$1.24
2014Detailed filing. Detailed filing data is available for this year.$8.26$1.10$7.15$15.1$13.8$1.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.89$1.01$5.88$10.2
2012Summary only. Only limited summary data is available for this year.$6.41$1.13$5.29$9.80$9.07$0.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.50$0.77$4.73$8.21