Civic Intelligence

Noble Academy

990 • Fiscal year 2021 • EIN 87-0790480

Jul 01, 2020 to Jun 30, 2021 • Filed on May 09, 2022

Organization ProfileWWW.NOBLEACADEMY.US
9477 Decatur Drive NBrooklyn Park, MN 55445

(763) 592-7706

Siviq Scores

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

Liabilities / Assets

80th percentile

0.58x

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

74th percentile

0.67x

Higher debt load relative to revenue than 74% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

57th percentile

16%

Higher net margin than 57% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

81st percentile

$310,785

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

35th percentile

4.5%

Faster asset growth than 35% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

39th percentile

5.2%

Faster revenue growth than 39% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$14,827,066

Up $642,841 (+4.5%) from 2020

Net Assets

Up

$6,276,045

Up $2,048,017 (+48%) from 2020

Liabilities

Down

$8,551,021

Down $1,405,176 (-14%) from 2020

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin57th percentile

Revenue

Up

$12,839,269

Up $630,535 (+5.2%) from 2020

Expenses

Down

$10,791,252

Down $1,834,002 (-15%) from 2020

Net Income

Up

$2,048,017

Up $2,464,537 (+592%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $2,133,414Liabilities 2010: $783,696Net Assets 2010: $1,349,7182010Assets 2011: $2,883,328Liabilities 2011: $261,840Net Assets 2011: $2,621,4882011Assets 2012: $4,081,552Liabilities 2012: $267,590Net Assets 2012: $3,813,9622012Assets 2013: $5,885,884Liabilities 2013: $355,968Net Assets 2013: $5,529,9162013Assets 2014: $6,252,407Liabilities 2014: $207,134Net Assets 2014: $6,045,2732014Assets 2015: $7,293,945Liabilities 2015: $2,950,627Net Assets 2015: $4,343,3182015Assets 2016: $7,462,611Liabilities 2016: $3,080,523Net Assets 2016: $4,382,0882016Assets 2017: $15,072,271Liabilities 2017: $9,588,977Net Assets 2017: $5,483,2942017Assets 2018: $15,868,647Liabilities 2018: $11,275,844Net Assets 2018: $4,592,8032018Assets 2019: $14,553,871Liabilities 2019: $9,909,323Net Assets 2019: $4,644,5482019Assets 2020: $14,184,225Liabilities 2020: $9,956,197Net Assets 2020: $4,228,0282020Assets 2021: $14,827,066Liabilities 2021: $8,551,021Net Assets 2021: $6,276,0452021Assets 2022: $16,499,150Liabilities 2022: $7,538,885Net Assets 2022: $8,960,2652022Assets 2023: $17,119,957Liabilities 2023: $5,909,360Net Assets 2023: $11,210,5972023Assets 2024: $17,155,141Liabilities 2024: $4,718,787Net Assets 2024: $12,436,3542024Assets 2025: $17,108,355Liabilities 2025: $4,455,912Net Assets 2025: $12,652,4432025

Highlighted filing

2021

Assets$14,827,066
Liabilities$8,551,021
Net Assets$6,276,045
Open 2021 Filing

Operations Trend

Revenue Growth39th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $5,258,3052010Revenue 2011: $5,595,893Expenses 2011: $4,324,123Net Income 2011: $1,271,7702011Expenses 2012: $4,584,3022012Expenses 2013: $4,817,0882013Revenue 2014: $5,453,923Expenses 2014: $4,938,566Net Income 2014: $515,3572014Revenue 2015: $5,749,124Expenses 2015: $5,291,308Net Income 2015: $457,8162015Revenue 2016: $7,263,546Expenses 2016: $7,233,603Net Income 2016: $29,9432016Revenue 2017: $9,264,429Expenses 2017: $8,040,958Net Income 2017: $1,223,4712017Revenue 2018: $11,161,481Expenses 2018: $12,051,972Net Income 2018: -$890,4912018Revenue 2019: $11,522,264Expenses 2019: $11,470,519Net Income 2019: $51,7452019Revenue 2020: $12,208,734Expenses 2020: $12,625,254Net Income 2020: -$416,5202020Revenue 2021: $12,839,269Expenses 2021: $10,791,252Net Income 2021: $2,048,0172021Revenue 2022: $11,766,812Expenses 2022: $9,082,592Net Income 2022: $2,684,2202022Revenue 2023: $10,013,926Expenses 2023: $7,763,594Net Income 2023: $2,250,3322023Revenue 2024: $10,425,418Expenses 2024: $9,199,661Net Income 2024: $1,225,7572024Revenue 2025: $9,085,872Expenses 2025: $8,869,783Net Income 2025: $216,0892025

Highlighted filing

2021

Revenue$12,839,269
Expenses$10,791,252
Net Income$2,048,017
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 9, 2022
Return Version
2020v4.2
Gross Receipts
$12,869,071
Mission and Program Overview

Mission

To provide quality, relevant and multicultural education for all students which meets the intellectual, creative, and social needs of each child.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,063,386$4,721,907▲ $1,658,521
Cap Stk Tr Prin Current Funds$2,157,263$4,316,608▲ $2,159,345
Pledges and Grants Receivable$382,641$1,806,770▲ $1,424,129
Land, Buildings, and Equipment, Net$1,991,835$1,651,918▼ $339,917
Pd in Cap Srpls Land Bldg Eqp Fund$1,991,835$1,651,918▼ $339,917
Savings and Temporary Cash Investments$616,279$561,449▼ $54,830
Rtn Earn Endowment Incm Other Fnds$78,930$307,519▲ $228,589
Prepaid Expenses and Deferred Charges$95,195$68,892▼ $26,303
Total Assets$14,184,225$14,827,066▲ $642,841
Other Assets Total$8,034,889$6,016,130▼ $2,018,759
Liabilities
Other Liabilities$8,881,971$8,068,975▼ $812,996
Mortgage Notes Payable Secured by Investment Property$493,389$0▼ $493,389
Accounts Payable and Accrued Expenses$580,837$454,446▼ $126,391
Deferred Revenue$0$27,600▲ $27,600
Total Liabilities$9,956,197$8,551,021▼ $1,405,176
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,228,028$6,276,045▲ $2,048,017
Total Liabilities and Net Assets / Fund Balance$14,184,225$14,827,066▲ $642,841

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$842,077$1,819,465$2,661,542
Buildings$809,841$210,431$1,020,272
Other Assets Org$2,947,749--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mai Yia ChangSuperintendentFT$155,000$155,785$310,785
Neal ThaoCEOFT$155,000$93,802$248,802
Leng VangChairFT$51,802$17,690$69,492
Denise CookFormer MemberFT$53,250$8,388$61,638
Chai VangTreasurerFT$50,401$8,240$58,641
Samantha StewartFormer MemberFT$27,500$4,414$31,914

Board Members and Trustees

NameTitle
Xao VueFormer Chair
Shawn YangVice Chair
Thay MouaFormer Treasurer
Juan RiveraMember
Nua XiongSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Ckc Good FoodFood ServicePO BOX 431419, Minneapolis, MN 55443$791,831
Pride Transportation Bus Services LLCStudent Transportation45 IVY AVENUE WEST, St Paul, MN 55117$375,785
Mtn - Metropolitan TransportationStudent Transportation8260 HICKORY STREET NE, Minneapolis, MN 55432$234,255
Northstar Bus LinesStudent Transportation11800 95TH AVE N, Maple Grove, MN 55369$160,751
Horace Mann Insurance CompanyInsurancePO BOX 19219, Springfield, IL 62794$143,930
Revenue and Support

Revenue Composition

Contributions and Grants
$12,857,894
Program Service Revenue
$263
Investment Income
$-18,888
Other Revenue
$0
All Other Contributions
$5
Change in Net Assets
$2,048,017
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,839,056
Salaries, Compensation, and Employee Benefits$4,952,196
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,923,773$560,791-$2,484,564
Royalties$2,120,991$55,515-$2,176,506
Current Officers, Directors, Trustees, and Key Employees$208,430$634,229-$842,659
Pension Plan Contributions$708,287$95,798-$804,085
Other Employee Benefits$346,295$247,784-$594,079
Travel$506,946$9,266-$516,212
Office Expenses$20$395,399-$395,419
Depreciation Depletion$315,829$27,831-$343,660
Fees for Services Other$47,327$271,376-$318,703
Payroll Taxes$159,482$67,327-$226,809
Occupancy-$214,316-$214,316
Fees for Services Accounting-$160,970-$160,970
Other Expenses$104,982$0-$104,982
Insurance-$52,759-$52,759
All Other Expenses$7,226$35,872-$43,098
Advertising-$36,949-$36,949
Total Functional Expenses$7,750,791$3,040,461$0$10,791,252
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$4,949,409
Deferred Inflows of Resources - Pensions$3,119,566
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“All staff members who are employed at the school, including teachers providing instruction under a cooperative, and all parents of children enrolled in the school are members.”

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

“All staff members who are employed at the school, including teachers providing instruction under a cooperative, and all parents of children enrolled in the school may vote in the board member election. Each family of an enrolled student will get a maximum of two votes. Those votes will be cast by the parents or legal gaurdians of the student only.”

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

“The form 990 is prepared by an independent public accounting firm and reviewed by the school's finance committee and approved by the board prior to submision to the irs.”

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

“The conflict of interest policy is monitored by the board of directors on a regular basis. Any conflict of interest issues, in appearance or fact, are thoroughly reviewed prior to any formal decision being made on the course of action determined by the commissioner of education. Interested persons are prohibited from serving as a member of the school's board of directors if also as an employee or agent of (directly or indirectly) a for-profit entity in which the school contracts all proceedings are docuemnted in the meeting minutes or as otherwise appropriate.”

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

“The board reviews the chief executive officer's performance and uses market rate analysis to determine the compensation for the position. The school director uses the starting pay scale based on number of years of experience in the classroom to determine the school teachers' compensation. This process was last reviewed and approved in 2016.”

Form 990, Part VI, Section C, Line 19

“The school makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Noble Academy
EIN
87-0790480
Phone
7635927706
Address
9477 DECATUR DRIVE N, BROOKLYN PARK, MN 55445

Signing Officer

Name
Mai Yia Chang
Title
Superintendent
Phone
7635927706
Signed
2022-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mai Yia Chang
Formed
2005
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
5
Employees
118
Volunteers
25

Preparer

Firm
SCHLENNER WENNER & CO CPA'S PA
Address
630 ROOSEVELT RD STE 201, ST CLOUD, MN 56301
Preparer
Shelley M Gaetz
Phone
3202510286
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The academy is recognized by the internal revenue service as a not-for-profit organization under irs code section 501(c)(3). Due to the not-for-profit nature and provision of the academy, all income and expenses attributable to the mission of the academy are tax exempt and accordingly no provision or liability for income taxes have been made in the financial statements and contributions to the academy are tax deductible to donors as allowed by irs regulations. However, the academy is required to pay state and federal income taxes on unrelated business income. If the academy were to engage in any activities that resulted in unrelated business income, a tax would be assessed on that activity. The academy is open and subject to examination generally for three years after the filing date.”

Raw XML AppendixShowing 400 of 639 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0580837
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0454446
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE QUALITY, RELEVANT AND MULTICULTURAL EDUCATION FOR ALL STUDENTS WHICH MEETS THE INTELLECTUAL, CREATIVE, AND SOCIAL NEEDS OF EACH CHILD.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt036949
IRS990/AdvertisingGrp/TotalAmt036949
IRS990/AllOtherContributionsAmt05
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt035872
IRS990/AllOtherExpensesGrp/ProgramServicesAmt07226
IRS990/AllOtherExpensesGrp/TotalAmt043098
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ANTON GROUP
IRS990/BooksInCareOfDetail/PhoneNum06513844806
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02303 WYCLIFF STREET SUITE E200
IRS990/BooksInCareOfDetail/USAddress/CityNm0ST PAUL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055114
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt02157263
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt04316608
IRS990/CashNonInterestBearingGrp/BOYAmt03063386
IRS990/CashNonInterestBearingGrp/EOYAmt04721907
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt06
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0634229
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0208430
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0842659
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0791831
IRS990/ContractorCompensationGrp/CompensationAmt1375785
IRS990/ContractorCompensationGrp/CompensationAmt2234255
IRS990/ContractorCompensationGrp/CompensationAmt3160751
IRS990/ContractorCompensationGrp/CompensationAmt4143930
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 431419
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt145 IVY AVENUE WEST
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt28260 HICKORY STREET NE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt311800 95TH AVE N
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4PO BOX 19219
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0MINNEAPOLIS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1ST PAUL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2MINNEAPOLIS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3MAPLE GROVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4SPRINGFIELD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd055443
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd155117
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd255432
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd355369
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd462794
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0CKC GOOD FOOD
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1PRIDE TRANSPORTATION BUS SERVICES LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2MTN - METROPOLITAN TRANSPORTATION
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3NORTHSTAR BUS LINES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4HORACE MANN INSURANCE COMPANY
IRS990/ContractorCompensationGrp/ServicesDesc0FOOD SERVICE
IRS990/ContractorCompensationGrp/ServicesDesc1STUDENT TRANSPORTATION
IRS990/ContractorCompensationGrp/ServicesDesc2STUDENT TRANSPORTATION
IRS990/ContractorCompensationGrp/ServicesDesc3STUDENT TRANSPORTATION
IRS990/ContractorCompensationGrp/ServicesDesc4INSURANCE
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt012857894
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-18888
IRS990/CYOtherExpensesAmt05839056
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0263
IRS990/CYRevenuesLessExpensesAmt02048017
IRS990/CYSalariesCompEmpBnftPaidAmt04952196
IRS990/CYTotalExpensesAmt010791252
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt012839269
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt027600
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt027831
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0315829
IRS990/DepreciationDepletionGrp/TotalAmt0343660
IRS990/Desc0NOBLE ACADEMY PROVIDED A HIGH QUALITY EDUCATION TO STUDENTS GRADES PRE-K THROUGH EIGTH DURING THE FISCAL YEAR ENDED JUNE 30, 2021. AS A RESULT, ENROLLMENT HAS REMAINED STRONG AND THE SCHOOL HAS MAINTAINED FINANCIAL STABILITY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt0118
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt07750791
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0160970
IRS990/FeesForServicesAccountingGrp/TotalAmt0160970
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0271376
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt047327
IRS990/FeesForServicesOtherGrp/TotalAmt0318703
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt041.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt066854
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt134871
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt28864
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt317690
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt48240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt54414
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0MAI YIA CHANG
IRS990/Form990PartVIISectionAGrp/PersonNm1NEAL THAO
IRS990/Form990PartVIISectionAGrp/PersonNm2DENISE COOK
IRS990/Form990PartVIISectionAGrp/PersonNm3LENG VANG
IRS990/Form990PartVIISectionAGrp/PersonNm4CHAI VANG
IRS990/Form990PartVIISectionAGrp/PersonNm5SAMANTHA STEWART
IRS990/Form990PartVIISectionAGrp/PersonNm6SHAWN YANG
IRS990/Form990PartVIISectionAGrp/PersonNm7NUA XIONG
IRS990/Form990PartVIISectionAGrp/PersonNm8JUAN RIVERA
IRS990/Form990PartVIISectionAGrp/PersonNm9XAO VUE
IRS990/Form990PartVIISectionAGrp/PersonNm10THAY MOUA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0243931
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1213931
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt252774
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt351802
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt450401
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt527500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
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/TitleTxt0SUPERINTENDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2FORMER MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5FORMER MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9FORMER CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10FORMER TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-29802
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt012857889
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt012869071
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt052759
IRS990/InsuranceGrp/TotalAmt052759
IRS990/InvestmentIncomeGrp/ExclusionAmt010914
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010914
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt029
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02029896
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01991835
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01651918
IRS990/LandBldgEquipCostOrOtherBssAmt03681814
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt029802
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE QUALITY, RELEVANT AND MULTICULTURAL EDUCATION FOR ALL STUDENTS WHICH MEETS THE INTELLECTUAL, CREATIVE, AND SOCIAL NEEDS OF EACH CHILD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0493389
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt04228028
IRS990/NetAssetsOrFundBalancesEOYAmt06276045
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-29802
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-29802
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0214316
IRS990/OccupancyGrp/TotalAmt0214316
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0395399
IRS990/OfficeExpensesGrp/ProgramServicesAmt020
IRS990/OfficeExpensesGrp/TotalAmt0395419
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08034889
IRS990/OtherAssetsTotalGrp/EOYAmt06016130
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0247784
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0346295
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0594079
IRS990/OtherExpensesGrp/Desc0FOOD / MILK
IRS990/OtherExpensesGrp/Desc1FURNITURE AND EQUIPMENT
IRS990/OtherExpensesGrp/Desc2NON-INSTRUCTIONAL SUPPL
IRS990/OtherExpensesGrp/Desc3INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02261
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt142579
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2129439
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0722844
IRS990/OtherExpensesGrp/ProgramServicesAmt1528338
IRS990/OtherExpensesGrp/ProgramServicesAmt250021
IRS990/OtherExpensesGrp/ProgramServicesAmt3104982
IRS990/OtherExpensesGrp/TotalAmt0725105
IRS990/OtherExpensesGrp/TotalAmt1570917
IRS990/OtherExpensesGrp/TotalAmt2179460
IRS990/OtherExpensesGrp/TotalAmt3104982
IRS990/OtherLiabilitiesGrp/BOYAmt08881971
IRS990/OtherLiabilitiesGrp/EOYAmt08068975
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0560791
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01923773
IRS990/OtherSalariesAndWagesGrp/TotalAmt02484564
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt067327
IRS990/PayrollTaxesGrp/ProgramServicesAmt0159482
IRS990/PayrollTaxesGrp/TotalAmt0226809
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt01991835
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt01651918
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt095798
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0708287
IRS990/PensionPlanContributionsGrp/TotalAmt0804085
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0382641
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01806770
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt095195
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt068892
IRS990/PrincipalOfficerNm0MAI YIA CHANG
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0OTHER PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1CHARGES FOR SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01133
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1-870
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01133
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1-870
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt012052985
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt019218
IRS990/PYOtherExpensesAmt06506884
IRS990/PYOtherRevenueAmt0-6106
IRS990/PYProgramServiceRevenueAmt0142637
IRS990/PYRevenuesLessExpensesAmt0-416520
IRS990/PYSalariesCompEmpBnftPaidAmt06118370
IRS990/PYTotalExpensesAmt012625254
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt012208734
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02048017
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0263
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt055515
IRS990/RoyaltiesGrp/ProgramServicesAmt02120991
IRS990/RoyaltiesGrp/TotalAmt02176506
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt078930
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0307519
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0616279
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0561449
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/BookValueAmt0809841
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0210431
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01020272
IRS990ScheduleD/EquipmentGrp/BookValueAmt0842077
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01819465
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02661542
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03068381
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12947749
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS OF RESOURCES - PENSIONS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1AMOUNTS OWED FROM BUILDING COMPANIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04949409
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13119566
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS OF RESOURCES - PENSIONS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NOT-FOR-PROFIT ORGANIZATION UNDER IRS CODE SECTION 501(C)(3). DUE TO THE NOT-FOR-PROFIT NATURE AND PROVISION OF THE ACADEMY, ALL INCOME AND EXPENSES ATTRIBUTABLE TO THE MISSION OF THE ACADEMY ARE TAX EXEMPT AND ACCORDINGLY NO PROVISION OR LIABILITY FOR INCOME TAXES HAVE BEEN MADE IN THE FINANCIAL STATEMENTS AND CONTRIBUTIONS TO THE ACADEMY ARE TAX DEDUCTIBLE TO DONORS AS ALLOWED BY IRS REGULATIONS. HOWEVER, THE ACADEMY IS REQUIRED TO PAY STATE AND FEDERAL INCOME TAXES ON UNRELATED BUSINESS INCOME. IF THE ACADEMY WERE TO ENGAGE IN ANY ACTIVITIES THAT RESULTED IN UNRELATED BUSINESS INCOME, A TAX WOULD BE ASSESSED ON THAT ACTIVITY. THE ACADEMY IS OPEN AND SUBJECT TO EXAMINATION GENERALLY FOR THREE YEARS AFTER THE FILING DATE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01651918
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06016130
IRS990ScheduleD/TotalLiabilityAmt08068975
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,827,066
Liabilities
$8,551,021
Net assets
$6,276,045
Revenue
$12,839,269
Expenses
$10,791,252
Net income
$2,048,017
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$17.1$4.46$12.7$9.09$8.87$0.22
2024Detailed filing. Detailed filing data is available for this year.$17.2$4.72$12.4$10.4$9.20$1.23
2023Detailed filing. Detailed filing data is available for this year.$17.1$5.91$11.2$10.0$7.76$2.25
2022Detailed filing. Detailed filing data is available for this year.$16.5$7.54$8.96$11.8$9.08$2.68
2021Detailed filing. Detailed filing data is available for this year.$14.8$8.55$6.28$12.8$10.8$2.05
2020Detailed filing. Detailed filing data is available for this year.$14.2$9.96$4.23$12.2$12.6$0.42
2019Detailed filing. Detailed filing data is available for this year.$14.6$9.91$4.64$11.5$11.5$0.05
2018Detailed filing. Detailed filing data is available for this year.$15.9$11.3$4.59$11.2$12.1$0.89
2017Detailed filing. Detailed filing data is available for this year.$15.1$9.59$5.48$9.26$8.04$1.22
2016Detailed filing. Detailed filing data is available for this year.$7.46$3.08$4.38$7.26$7.23$0.03
2015Detailed filing. Detailed filing data is available for this year.$7.29$2.95$4.34$5.75$5.29$0.46
2014Detailed filing. Detailed filing data is available for this year.$6.25$0.21$6.05$5.45$4.94$0.52
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.89$0.36$5.53$4.82
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.08$0.27$3.81$4.58
2011Summary only. Only limited summary data is available for this year.$2.88$0.26$2.62$5.60$4.32$1.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.13$0.78$1.35$5.26
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $10M-$25M nonprofits