Twin Cities Academy
Twin Cities Academy reported $10.6 million in revenue and $10.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $92.06 went to program services, $7.94 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 98.5% of the total. Government grants made up 98.4%. The highest compensation it reported for one person was $167,433 (EXECUTIVE DIRECTOR). 1 person received more than $100,000 in reportable compensation. Revenue rose 15% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $11MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $11M- Contributions & grants (non-government)$0.12 $12,832
- Government grants$97.97 $10M
- Program service revenue$1.68 $180K
- Other revenue$0.23 $24,381
Investment income was negative: −$49,352. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.1% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.9% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 98.5% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 98.4% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 1.7% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $167,433 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.59% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 1 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 5 of 8 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Officer, 40.00 hrs/week | $145,210 | $0 | $22,223 | $167,433 |
| SECRETARY/SOCIAL WORKER Director/trustee, officer, 40.00 hrs/week | $72,584 | $0 | $15,080 | $87,664 |
| BOARD MEMBER/TEACHER Director/trustee, 40.00 hrs/week | $60,638 | $0 | $15,431 | $76,069 |
| TREASURER/TEACHER Director/trustee, officer, 40.00 hrs/week | $58,641 | $0 | $14,317 | $72,958 |
1 people received more than $100,000 in reportable compensation from Twin Cities Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $375K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b8 · 5 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5117
- Volunteers Part I, line 65
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| 4MATIV TECHNOLOGIES INC Student transportation | $1,176,268 |
| CKC GOOD FOOD Food service | $120,135 |
| UPTICK EDUCATION LLC Student services | $118,786 |
| CREATIVE PLANNING Accounting | $111,405 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Twin Cities Academy totaling $12,055 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Twin Cities Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Twin Cities Academy, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Twin Cities Academy spent in FY2025, $92.06 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Sugar Valley Rural Charter SchoolLoganton, PA · revenue $11M · programs 92.1% · FY2025
- Community Education AssociationNewnan, GA · revenue $11M · programs 91.7% · FY2025
- Stride Academy Charter SchoolSt Cloud, MN · revenue $11M · programs 86.3% · FY2025
- Legacy Traditional School - Queen CreekChandler, AZ · revenue $11M · programs 80.7% · FY2025
- Village Preparatory School Woodland HillsCleveland, OH · revenue $11M · programs 69.6% · FY2025
Questions people ask
How much of Twin Cities Academy's spending goes to programs?
In the fiscal year ending June 30, 2025, Twin Cities Academy reported that 92.1% of its $10.5 million in expenses went to program services, 7.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Twin Cities Academy pay its top executive?
The largest total compensation Twin Cities Academy reported for one person in the fiscal year ending June 30, 2025 was $167,433, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Twin Cities Academy get its money?
Of $10.6 million in revenue in the fiscal year ending June 30, 2025, 98.5% came from contributions and grants (including 98.4% from government grants) and 1.7% from program service revenue (Form 990, Part VIII).
Is Twin Cities Academy a registered charity?
The IRS lists EIN 20-0257761 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202600659349301400 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202510999349301306 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441319349300104 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331029349301138 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221319349300642 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121309349302487 · read the filing
All filings for EIN 20-0257761: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.