Public Charity

Partnership Academy Inc

Partnership Academy Inc, of Richfield, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $12.2M in revenue, $13.8M in expenses, $4.3M in total assets. 12 publicly reported grants to this organization, totaling roughly $991K, appear in IRS filings.

EIN: 010701608 Richfield, MN Charter Schools NTEE: B29 Latest filing: 2025
Total Revenue$12.2M
Total Expenses$13.8M
Total Assets$4.3M
Grant Records12
Funding Total$991K
Filing Years2021–2025

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.

Where $100 goes at Partnership Academy Inc

How Partnership Academy Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$89 Programs the work itself
$11 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $89 for programs

$89
Operation of an educational institution for approximately 530 students in grades preschool through eighth
All program spending · Reported in the filing: 530 students
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Board Treasurer/Teacher Anne Olson
Board Director Becky Wellington
Board Director Breana Jacques
Board Director Candace Bass
Board Chair Lena Stackhouse- Rogers
Director of Finance Lisa Hendricks

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$636,268 6 grants
General Support
$300,001 3 grants
Food Assistance & Nutrition
$25,000 1 grant
Human & Social Services
$10,000 1 grant
Unspecified
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $12.2M $13.8M $4.3M
2024 $12.1M $12.0M $7.0M
2023 $11.1M $11.4M $8.4M
2022 $11.2M $11.0M $7.4M
2021 $9.1M $8.8M $6.9M

Between 2021 and 2025, reported annual revenue grew from $9.1M to $12.2M (+33%), with total assets most recently reported at $4.3M.

Interactive year-over-year charts and full filing details available with membership.

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