Partnership Academy Association

Organization Overview

Partnership Academy Association is located in Richfield, MN. The organization was established in 2008. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partnership Academy Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Partnership Academy Association generated $788.2k in total revenue. All expenses for the organization totaled $1.1m during the year ending 06/2022. While expenses have increased by 24.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE MISSION AND VISION OF PARTNERSHIP ACADEMY, INC. THROUGH THE OWNERSHIP OF REAL PROPERTY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONSTRUCT AND LEASE BUILDING TO PARTNERSHIP ACADEMY, INC.


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Board, Officers & Key Employees

Name (title)Compensation
Holly Swanson Stapel
Chair/treasurer
$0
Barbary Novy
Secretary
$0
Lisa Hendricks
Executive Director
$0
Julie Guy
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$754,194
Investment income $33,962
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 $788,156

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