Nonprofit · EIN 01-0701608
PARTNERSHIP ACADEMY INC
Tax-exempt · RICHFIELD, MN 55423
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $12,173,345 | $13,766,174 | -$1,592,829 | $4,283,740 | $8,021,809 | -$3,738,069 |
| June 30, 2024 | 990 | $12,057,351 | $11,981,488 | $75,863 | $7,027,105 | $9,487,212 | -$2,460,107 |
| June 30, 2023 | 990 | $11,125,353 | $11,405,452 | -$280,099 | $8,448,404 | $10,386,257 | -$1,937,853 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $12,128,975
- of which government grants
- $12,128,880
- Program service revenue
- $20,561
- Investment income
- $0
- Net income from sales of inventory
- $3,781
- Other revenue
- $23,809
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $361,670
- Other salaries and wages
- $5,417,784
- Salaries, compensation and benefits (total)
- $9,194,123
- Professional fundraising fees
- $0
- Legal fees
- $9,747
- Accounting fees
- $95,040
- Occupancy
- $1,048,475
- Travel
- $44,135
- Depreciation
- $15,994
- Program services (functional)
- $12,048,672
- Management and general (functional)
- $1,717,502
Balance sheet and other
- Total assets, start of year
- $7,027,105
- Total assets, end of year
- $4,283,740
- Total liabilities, end of year
- $8,021,809
- Net assets, end of year
- -$3,738,069
- Land, buildings and equipment
- $74,909
- Gross receipts
- $12,173,345
- Employees
- 140
- Volunteers
- 12
- Year formed
- 2002
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Michael Johnson | Executive Director Officer | 40 | $141,983 | $19,738 |
| Lisa Hendricks | Director of Finance Officer | 40 | $125,626 | $10,992 |
| Anne Olson | Board Treasurer/Teacher Trustee or director, Officer | 41 | $55,392 | $12,039 |
| Miriam Zeferino | Board Director/Teacher Trustee or director | 41 | $50,644 | $10,626 |
| Lena Stackhouse- Rogers | Board Chair Trustee or director, Officer | 4 | $0 | $0 |
| Candace Bass | Board Director Trustee or director | 1 | $0 | $0 |
| Breana Jacques | Board Director Trustee or director | 1 | $0 | $0 |
| Perla Hernandez Sotelo | Board Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Becky Wellington | Board Director Trustee or director | 1 | $0 | $0 |
| Maria de la Luz Luna Medina | Board Director (end April 2025) Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL JOHNSON | EXECUTIVE DIRECTOR Trustee or director, Officer | 41 | $144,828 | $19,738 |
| LISA HENDRICKS | DIRECTOR OF FINANCE/FOUNDE Officer | 41 | $125,626 | $10,992 |
| BECKY WELLINGTON | CO SECRETARY/TEACHER Trustee or director, Officer | 41 | $97,608 | $8,541 |
| MARY ALEXANDER | CO SECRETARY/TEACHER Trustee or director, Officer | 41 | $37,947 | $3,320 |
| LENA STACKHOUSE-ROGERS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| VERONICA RAMOS | PRESIDENT/CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CANDACE BASS | COMMUNITY MEMBER Trustee or director | 1 | $0 | $0 |
| MARIA LUNA MEDINA | PARENT MEMBER Trustee or director | 1 | $0 | $0 |
| BREANNA JACQUES | COMMUNITY MEMBER Trustee or director | 1 | $0 | $0 |
| JACKIE GUGGEMOS | TREASURER/TEACHER Trustee or director, Officer | 41 | $0 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA HENDRICKS | DIRECTOR OF FINANCE/FOUNDER Officer | 41 | $139,587 | $11,815 |
| MICHAEL JOHNSON | EXECUTIVE DIRECTOR Trustee or director, Officer | 41 | $70,000 | $5,985 |
| JESSICA ARNOLDI | SECRETARY/TEACHER Trustee or director, Officer | 41 | $65,488 | $8,316 |
| CHRISTA HEILIGENTHAL | TREASURER/TEACHER Trustee or director, Officer | 41 | $58,906 | $7,744 |
| CRAIG NOLES | TEACHER Trustee or director | 41 | $42,764 | $4,223 |
| LENA STACKHOUSE-ROGERS | VICE PRESIDENT Trustee or director, Officer | 41 | $0 | $0 |
| VERONICA RAMOS | PRESIDENT/CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CYNDI FRANCO SANDOVAL | PARENT MEMBER Trustee or director | 1 | $0 | $0 |
| CANDACE BASS | COMMUNITY MEMBER Trustee or director | 1 | $0 | $0 |
| MARIA LUNA MEDINA | PARENT MEMBER Trustee or director | 1 | $0 | $0 |
| MARIA ANDUEZA | PARENT MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6500 NICOLLET AVE, RICHFIELD, MN 55423-1615
- In care of
- % LISA HENDRICKS
- Mailing address (990-N for 2013)
- 305 E 77th Street, Richfield MN 55423
- Principal officer (990 for 2024)
- Lisa Hendricks, 6500 Nicollet Ave S, Richfield, MN 55423
- Principal officer (990-N for 2013)
- Lisa Hendricks, 305 E 77th Street, Richfield MN 55423
- Signed the 990
- Lisa Hendricks, Director of Finance
- Phone
- (612) 866-3630
- Website
- www.paschool.org
- Return prepared by
- Abdo LLP
Mission
Partnership academy provides exceptional learning opportunities for students in grades preschool-8th grade who live in Richfield and neighboring communities of Bloomington and South Minneapolis. Students at Partnership Academy benefit from an exceptional academic program that is culturally relevant and fosters strong social and emotional wellbeing. Students have one to one device access to technology as well as opportunities to participate in extended learning through after school and summer programming.
Program accomplishments
- Operation of an educational institution for approximately 530 students in grades preschool through eighth. Enrollment at the school continues to be strong and parent satisfaction is very high.Expenses $12,048,672 · revenue $44,370
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 01-0701608
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $4,283,740
- Income (IRS master file)
- $12,173,345
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $12,173,345 | $13,766,174 | $4,283,740 | IRS |
| 990 | June 2024 | $12,057,351 | $11,981,488 | $7,027,105 | IRS |
| 990 | June 2023 | $11,125,353 | $11,405,452 | $8,448,404 | XML |
| 990 | June 2022 | $11,186,536 | $10,993,641 | $7,413,383 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2013 Officer: Lisa Hendricks | June 30, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0701608).
Questions about PARTNERSHIP ACADEMY INC
- What is the EIN of PARTNERSHIP ACADEMY INC?
- The employer identification number (EIN) of PARTNERSHIP ACADEMY INC is 01-0701608.
- Is PARTNERSHIP ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to PARTNERSHIP ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PARTNERSHIP ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PARTNERSHIP ACADEMY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PARTNERSHIP ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PARTNERSHIP ACADEMY INC?
- The 990 for the year ended June 30, 2025 names Lisa Hendricks.
- Who are the officers and directors of PARTNERSHIP ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 10 people; 4 received compensation from the organization, the highest $141,983 (Michael Johnson, Executive Director).
- How much revenue does PARTNERSHIP ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $12,173,345, expenses of $13,766,174 and total assets of $4,283,740 at year end.
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