Paideia Academy
- Assets
- $2.1m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 102
- Location
- Apple Valley, MN
- Founding
- Data as of
- 06/2015
- EIN
- 06-1725440
Organization Overview
Paideia Academy is located in Apple Valley, MN. As of 06/2015, Paideia Academy employed 102 individuals. Paideia Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
TO CHALLENGE AND INSPIRE LEARNERS BY PROVIDING A RIGOROUS, CONTENT-RICH EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PAIDEIA PROVIDES AN INNOVATIVE AND QUALITY EDUCATION PROGRAM FOR 375 STUDENTS IN GRADES K-8 USING A COMBINATION OF THE CORE KNOWLEDGE SEQUENCE AND A CLASSICAL CURRICULUM THAT SETS HIGH, BUT ATTAINABLE STANDARDS. PAIDEIA ESTABLISHED A LEARNING COMMUNITY OF STUDENTS, TEACHERS, AND PARENTS THAT MODELS AND ENCOURAGES CHARACTER DEVELOPMENT, RESPECT FOR DIVERSITY, AND A SENSE OF RESPONSIBILITY. IN JANUARY, 2015, PAIDEIA ACADEMY WAS DESIGNATED A HIGH QUALITY CHARTER SCHOOL BY THE MINNESOTA DEPARTMENT OF EDUCATION, RECOGNIZING OUR STATUS IN THE TOP 10% OF CHARTER SCHOOLS AND IN THE TOP 30% OF PUBLIC SCHOOLS IN MINNESOTA FOR THE SECOND YEAR IN A ROW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marci Levy-Maguire School Director | Officer | 40 | $94,579 |
Heidi Johnson Director/teacher | Trustee | 40 | $48,434 |
Susan Kelnberger Director/teacher | Trustee | 40 | $35,149 |
Leah Hood Secretary/teacher | OfficerTrustee | 40 | $26,287 |
Erik Dove Treasurer | OfficerTrustee | 1 | $0 |
Jonathan Bradley Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,063,929 |
| Investment income | $99 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,156,706 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $229,158 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,765,087 |
| Pension plan accruals and contributions | $130,514 |
| Other employee benefits | $227,939 |
| Payroll taxes | $191,957 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,745 |
| Fees for services: Accounting | $80,879 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $406,110 |
| Advertising and promotion | $0 |
| Office expenses | $182,207 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $743,803 |
| Travel | $68,352 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,596 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $64,140 |
| Insurance | $27,412 |
| All other expenses | $0 |
| Total functional expenses | $4,277,842 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $992,397 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $435,741 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $117,104 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $337,340 |
| Total assets | $2,059,442 |
| Accounts payable and accrued expenses | $187,446 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $176,860 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,694,014 |
| Total liabilities | $2,881,460 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | -$998,878 |
| Total liabilities and net assets/fund balances | -$822,018 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Paideia Academy has recieved totaling $7,061.
| Awarding Organization | Amount |
|---|---|
San Antonio Area Foundation Group Return San Antonio, TX PURPOSE: FOR GENERAL OPERATING EXPENSES | $7,061 |
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|---|---|---|
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Dow Rummel Village Sioux Falls, SD | $76,421,386 | $18,523,416 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Botsford Continuing Care Corporation Southfield, MI | $28,554,348 | $16,692,642 |
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |
Blackburn University Carlinville, IL | $69,417,787 | $20,572,819 |
Montgomery Place Chicago, IL | $31,885,880 | $16,111,662 |
Region 3b Area Agency On Aging Battle Creek, MI | $12,282,051 | $21,229,876 |
Southwest Counseling Solutions Inc Detroit, MI | $10,435,524 | $23,926,279 |
Human Resources Development Institute Inc Chicago, IL | $14,371,854 | $24,270,043 |
Duluth Regional Care Center Inc Duluth, MN | $17,149,445 | $20,614,667 |