Sojourner Truth Academy
- Assets
- $8.3m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 94
- Location
- Minneapolis, MN
- Founding
- 07/1999
- Data as of
- 06/2022
- EIN
- 41-1890516
Organization Overview
Sojourner Truth Academy is located in Minneapolis, MN. The organization was established in 1999. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Sojourner Truth Academy employed 94 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sojourner Truth Academy 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, Sojourner Truth Academy generated $7.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $7.0m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SOJOURNER TRUTH IS DEDICATED TO A CULTURALLY RELEVANT CHALLENGING, AND FUN LEARNING EXPERIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION PROGRAM: PROVIDE EDUCATION PROGRAMS AND SERVICES TO STUDENTS, GRADES PREK-8. AVERAGE ENROLLMENT DURING THE YEAR ENDING JUNE 30, 2022 WAS 283 STUDENTS. PLEASE SEE THE SCHOOL'S ANNUAL REPORT AVAILABLE ON THE WEBSITE FOR MORE INFORMATION.
FOOD SERVICE PROGRAM: PROVIDE BREAKFAST, LUNCH, AND AFTER-SCHOOL SNACKS TO STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Guy Ex-Officio | Officer | 40 | $107,975 |
Laverne Wesley Member | Trustee | 40 | $77,155 |
Michael Williams Treasurer | OfficerTrustee | 40 | $58,988 |
Gina Privratsky Vice Chair | OfficerTrustee | 40 | $54,276 |
Robbi Holdreith Member | Trustee | 40 | $49,441 |
Eliana Salgado-Guzman Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Blue Bell Enterprises Inc Food Service | 6/29/22 | $230,222 |
Monarch Bus Service Inc Transportation | 6/29/22 | $396,592 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,062,703 |
| All other contributions, gifts, grants, and similar amounts not included above | $71,698 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,134,401 |
| Total Program Service Revenue | $0 |
| Investment income | $9,583 |
| 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 | $7,143,984 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $382,943 |
| Compensation of current officers, directors, key employees. | $127,021 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,157,106 |
| Pension plan accruals and contributions | $294,817 |
| Other employee benefits | $514,622 |
| Payroll taxes | $263,933 |
| Fees for services: Management | $98,383 |
| Fees for services: Legal | $90 |
| Fees for services: Accounting | $84,099 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $311,243 |
| Advertising and promotion | $0 |
| Office expenses | $69,896 |
| Information technology | $191,420 |
| Royalties | $0 |
| Occupancy | $376,151 |
| Travel | $16,117 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,033 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $546,143 |
| Insurance | $27,216 |
| All other expenses | -$325,761 |
| Total functional expenses | $6,964,841 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,519,582 |
| Pledges and grants receivable | $823,930 |
| Accounts receivable, net | $1,105 |
| 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 | $23,219 |
| Net Land, buildings, and equipment | $3,445,636 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,487,039 |
| Total assets | $8,300,511 |
| Accounts payable and accrued expenses | $386,450 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $9,697,540 |
| Total liabilities | $10,083,990 |
| 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 | -$1,788,968 |
| Retained earnings, endowment, accumulated income, or other funds | $5,489 |
| Total liabilities and net assets/fund balances | $8,300,511 |