Civic Intelligence

Quantum Steam Academy

990 • Fiscal year 2025 • EIN 83-1605019

Jul 01, 2024 to Jun 30, 2025

Organization ProfileQSTEAMACADEMY.ORG
497 Humboldt AvenueSt Paul, MN 55107

(651) 615-6888

Siviq Scores

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

Liabilities / Assets

86th percentile

0.54x

Higher debt load relative to assets than 86% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

79th percentile

0.40x

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

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

58th percentile

8.8%

Higher net margin than 58% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

56th percentile

$74,518

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

81st percentile

19%

Faster asset growth than 81% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

67th percentile

16%

Faster revenue growth than 67% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$3,205,473

Up $521,421 (+19%) from 2024

Net Assets

Up

$1,489,222

Up $373,266 (+33%) from 2024

Liabilities

Up

$1,716,251

Up $148,155 (+9.4%) from 2024

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin58th percentile

Revenue

Up

$4,248,790

Up $589,832 (+16%) from 2024

Expenses

Up

$3,875,524

Up $494,546 (+15%) from 2024

Net Income

Up

$373,266

Up $95,286 (+34%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2020: $102,829Liabilities 2020: $91,900Net Assets 2020: $10,9292020Assets 2021: $329,401Liabilities 2021: $183,070Net Assets 2021: $146,3312021Assets 2022: $1,536,984Liabilities 2022: $806,307Net Assets 2022: $730,6772022Assets 2023: $2,193,489Liabilities 2023: $1,355,513Net Assets 2023: $837,9762023Assets 2024: $2,684,052Liabilities 2024: $1,568,096Net Assets 2024: $1,115,9562024Assets 2025: $3,205,473Liabilities 2025: $1,716,251Net Assets 2025: $1,489,2222025

Highlighted filing

2025

Assets$3,205,473
Liabilities$1,716,251
Net Assets$1,489,222
Open 2025 Filing

Operations Trend

Revenue Growth67th percentile

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

$6.0M$4.0M$2.0M$0Revenue 2020: $89,465Expenses 2020: $78,536Net Income 2020: $10,9292020Revenue 2021: $1,276,632Expenses 2021: $1,141,230Net Income 2021: $135,4022021Revenue 2022: $2,490,641Expenses 2022: $1,906,295Net Income 2022: $584,3462022Revenue 2023: $2,917,950Expenses 2023: $2,810,651Net Income 2023: $107,2992023Revenue 2024: $3,658,958Expenses 2024: $3,380,978Net Income 2024: $277,9802024Revenue 2025: $4,248,790Expenses 2025: $3,875,524Net Income 2025: $373,2662025

Highlighted filing

2025

Revenue$4,248,790
Expenses$3,875,524
Net Income$373,266
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 17, 2026
Return Version
2024v5.5
Gross Receipts
$4,248,790
Mission and Program Overview

Mission

Quantum steam academy charter school accelerates learning through quality instruction, an integrated arts & sciences curriculum, and authentic collaboration that engages leadership, staff, students, families, and communities in the educational enterprise.

Provide an education and other educational services to students in grades k-8.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,000,913$1,798,649▲ $797,736
Cap Stk Tr Prin Current Funds$900,714$1,247,659▲ $346,945
Accounts Receivable$660,270$485,636▼ $174,634
Rtn Earn Endowment Incm Other Fnds$86,039$137,196▲ $51,157
Land, Buildings, and Equipment, Net$129,203$104,367▼ $24,836
Pd in Cap Srpls Land Bldg Eqp Fund$129,203$104,367▼ $24,836
Prepaid Expenses and Deferred Charges$7,583$7,482▼ $101
Total Assets$2,684,052$3,205,473▲ $521,421
Other Assets Total$886,083$809,339▼ $76,744
Liabilities
Other Liabilities$1,290,201$1,363,235▲ $73,034
Accounts Payable and Accrued Expenses$277,895$353,016▲ $75,121
Total Liabilities$1,568,096$1,716,251▲ $148,155
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,115,956$1,489,222▲ $373,266
Total Liabilities and Net Assets / Fund Balance$2,684,052$3,205,473▲ $521,421

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$104,367$107,587$211,954
Other Assets Org$809,339--
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Crescence NabilTreasurerFT$67,642$6,876$74,518
Abdulah AliuMemberFT$52,320$4,006$56,326

Board Members and Trustees

NameTitle
Khalid HaddaouiChair
Luul IsaqMember
Magassa AyanaMember

Highest Paid Contractors

ContractorServicesLocationCompensation
A&k TransportationTransportation1531 124TH AVE NE F, Blaine, MN 55449$341,325
Billie Bus TransportationTransportation4640 N LYNDALE AVE, Minneapolis, MN 55412$323,484
Southdale Transportation Services INCTransportation4001 STINSON BLVD STE 320, St Anthony, MN 55421$119,660
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,248,790
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$373,266

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,248,790
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,248,790
Total Revenue per Form 990
$4,248,790
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,158,910
Other Expenses$1,716,614
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,308,351$230,999-$1,539,350
Occupancy$333,356--$333,356
Pension Plan Contributions$297,971$16,274-$314,245
Fees for Services Other$222,109$3,420-$225,529
Payroll Taxes$86,005$20,977-$106,982
Current Officers, Directors, Trustees, and Key Employees$104,483--$104,483
Other Employee Benefits$37,156$56,694-$93,850
Fees for Services Accounting-$66,400-$66,400
Fees for Services Management$28,801$26,686-$55,487
Depreciation Depletion-$38,350-$38,350
Information Technology$7,836$15,837-$23,673
Payments to Affiliates-$23,458-$23,458
Insurance-$11,563-$11,563
Other Expenses$11,367--$11,367
Office Expenses-$5,151-$5,151
Fees for Services Legal-$3,460-$3,460
Payment Travel Entrtnmnt Publicly Ofcl$1,892--$1,892
Total Functional Expenses$3,356,255$519,269$0$3,875,524

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,875,524
Total Expenses per Audited Statements$3,875,524
Total Expenses per Form 990$3,875,524
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$1,038,498
Pension Plan Deferments$324,737
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The 990 is prepared by an independent accounting firm and is reviewed by the board and director of organization prior to filing.”

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

“Annually each board member completes a required form and discloses any conflicts of interests.”

Form 990, Part VI, Section B, Line 15

“Current compensation is based on past wages with increases given during the year by the board forming the basis of future years pay.”

Form 990, Part VI, Section C, Line 19

“Meeting minutes, agendas, and other related information is available on the organization's website or upon request.”

FORM 990, PART VI, SECTION A, LINE 1B:

“At least one member of the board is a teacher at the school. Minnesota state statutue 124d.10 subd. 4(g) requires the board to have at least one employed or contracted teacher.”

Filing and Contact Details

Filer

Filer Name
Quantum Steam Academy
EIN
83-1605019
Phone
6516156888
Address
497 HUMBOLDT AVENUE, ST PAUL, MN 55107

Signing Officer

Name
Mahrous Kandil
Title
Executive Director
Phone
6516156888
Signed
2026-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mahrous Kandil
Formed
2018
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
3
Employees
44
Volunteers
4

Preparer

Firm
Lb Carlson Llp
Address
605 HIGHWAY 169 SUITE 650, MINNEAPOLIS, MN 55441
Preparer
Victoria L Holinka
Phone
7635358150
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The school board assumes responsibility for the oversight of the audit of its financial statements and the selection of an independent auditor annually. This process has not changed from the prior year.”

Related Organization Compensation

“Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no transactions noted.”

Authorizer

“The academy is required to have an authorizer to monitor its operations in order to maintain its charter. The academy's approved authorizer during the fiscal year 2025 was novation education opportunities.”

Financial Statement Notes

PART X, LINE 2:

“The academy is exempt from federal and state income taxes under irc 501(c)(3). The academy is subject to tax on income from any unrelated business. The academy is subject to the recognition requirements for uncertain income tax positions as required by the financial accounting standards board accounting standards codification 740-10. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The academy has analyzed tax positions taken for filing with the irs and state jurisdiction where they operate. The academy believes that income tax filing positions will be sustained upon examination and do not anticipate any adjustments that would result in a material adverse effect on their respective financial condition, results of operations, or cash flows. Accordingly, the academy has not recorded any reserves or related accruals for interest and penalties for uncertain income tax positions at year-end. The academy is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods.”

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IRS990/Desc0QUANTUM STEAM ACADEMY CHARTER SCHOOL ACCELERATES LEARNING THROUGH QUALITY INSTRUCTION, AN INTEGRATED ARTS & SCIENCES CURRICULUM, AND AUTHENTIC COLLABORATION THAT ENGAGES LEADERSHIP, STAFF, STUDENTS, FAMILIES, AND COMMUNITIES IN THE EDUCATIONAL ENTERPRISE. QUANTUM STEAM ACADEMY SERVES GRADES PRE-K-8.
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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07583
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07482
IRS990/PrincipalOfficerNm0MAHROUS KANDIL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0FEDERAL AND STATE SOUR
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04248790
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04248790
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt08726
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt01892
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt01892
IRS990/PYOtherExpensesAmt01341926
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03658958
IRS990/PYRevenuesLessExpensesAmt0277980
IRS990/PYSalariesCompEmpBnftPaidAmt02030326
IRS990/PYTotalExpensesAmt03380978
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03658958
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0373266
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04248790
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt086039
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0137196
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0104367
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0107587
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0211954
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03875524
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0809339
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PENSION PLAN DEFERMENTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01038498
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1324737
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PENSION PLAN DEFERMENTS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04248790
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER IRC 501(C)(3). THE ACADEMY IS SUBJECT TO TAX ON INCOME FROM ANY UNRELATED BUSINESS. THE ACADEMY IS SUBJECT TO THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION 740-10. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ACADEMY HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE IRS AND STATE JURISDICTION WHERE THEY OPERATE. THE ACADEMY BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DO NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THEIR RESPECTIVE FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE ACADEMY HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT YEAR-END. THE ACADEMY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0104367
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0809339
IRS990ScheduleD/TotalExpensesPerForm990Amt03875524
IRS990ScheduleD/TotalLiabilityAmt01363235
IRS990ScheduleD/TotalRevenuePerForm990Amt04248790
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04248790
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03875524
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/ExplanationTxt0NONDISCRIMINATION POLICY IS INCLUDED IN REGISTRATION MATERIAL.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES STATE AND FEDERAL AID PAYMENTS AND GRANTS TO FINANCE EDUCATIONAL SERVICES FOR THEIR STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND IS REVIEWED BY THE BOARD AND DIRECTOR OF ORGANIZATION PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY EACH BOARD MEMBER COMPLETES A REQUIRED FORM AND DISCLOSES ANY CONFLICTS OF INTERESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CURRENT COMPENSATION IS BASED ON PAST WAGES WITH INCREASES GIVEN DURING THE YEAR BY THE BOARD FORMING THE BASIS OF FUTURE YEARS PAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEETING MINUTES, AGENDAS, AND OTHER RELATED INFORMATION IS AVAILABLE ON THE ORGANIZATION'S WEBSITE OR UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SCHOOL BOARD ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR ANNUALLY. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MADE AN EFFORT TO OBTAIN INFORMATION ON COMPENSATION, IF ANY, WAS PAID FROM A RELATED ORGANIZATION. NO RESPONSE RECEIVED AND NO TRANSACTIONS NOTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ACADEMY IS REQUIRED TO HAVE AN AUTHORIZER TO MONITOR ITS OPERATIONS IN ORDER TO MAINTAIN ITS CHARTER. THE ACADEMY'S APPROVED AUTHORIZER DURING THE FISCAL YEAR 2025 WAS NOVATION EDUCATION OPPORTUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AT LEAST ONE MEMBER OF THE BOARD IS A TEACHER AT THE SCHOOL. MINNESOTA STATE STATUTUE 124D.10 SUBD. 4(G) REQUIRES THE BOARD TO HAVE AT LEAST ONE EMPLOYED OR CONTRACTED TEACHER.
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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5RELATED ORGANIZATION COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6AUTHORIZER
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION A, LINE 1B:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02684052
IRS990/TotalAssetsEOYAmt03205473
IRS990/TotalAssetsGrp/BOYAmt02684052
IRS990/TotalAssetsGrp/EOYAmt03205473
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt044
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0519269
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03356255
IRS990/TotalFunctionalExpensesGrp/TotalAmt03875524
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01568096
IRS990/TotalLiabilitiesEOYAmt01716251
IRS990/TotalLiabilitiesGrp/BOYAmt01568096
IRS990/TotalLiabilitiesGrp/EOYAmt01716251
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01115956
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01489222
IRS990/TotalOtherCompensationAmt010882
IRS990/TotalProgramServiceExpensesAmt03356255
IRS990/TotalProgramServiceRevenueAmt04248790
IRS990/TotalReportableCompFromOrgAmt0119962
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04248790
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04248790
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02684052
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03205473
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0497 HUMBOLDT AVENUE
IRS990/USAddress/CityNm0ST PAUL
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055107
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0QSTEAMACADEMY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MAHROUS KANDIL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06516156888
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0QUANTUM STEAM ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0QUAN
ReturnHeader/Filer/EIN0831605019
ReturnHeader/Filer/PhoneNum06516156888
ReturnHeader/Filer/USAddress/AddressLine1Txt0497 HUMBOLDT AVENUE
ReturnHeader/Filer/USAddress/CityNm0ST PAUL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055107
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411504933
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LB CARLSON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0605 HIGHWAY 169 SUITE 650
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,205,473
Liabilities
$1,716,251
Net assets
$1,489,222
Revenue
$4,248,790
Expenses
$3,875,524
Net income
$373,266
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.21$1.72$1.49$4.25$3.88$0.37
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.68$1.57$1.12$3.66$3.38$0.28
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$1.36$0.84$2.92$2.81$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.81$0.73$2.49$1.91$0.58
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.18$0.15$1.28$1.14$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.09$0.01$0.09$0.08$0.01