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Seven Hills Preparatory Academy

Richfield, MN · EIN 20-3107105 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Seven Hills Preparatory Academy reported $17.7 million in revenue and $18.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $90.46 went to program services, $9.54 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 97.1% of the total. Government grants made up 96.8%. The highest compensation it reported for one person was $146,773 (INTERIM EXECUTIVE DIRECTOR). 3 people received more than $100,000 in reportable compensation. Revenue rose 38% 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 $18M

For 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 $18M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
90.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
9.5%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
97.1%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
96.8%1.1%
Program service revenue share
Part VIII 2g ÷ 12
1.1%69.9%
Highest reported compensation
Part VII-A, columns D–F
$146,773$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.80%1.28%
People paid over $100,000
Part VII, line 2
38
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-3.813.3
Independent voting board members
Part VI 1a–1b
8 of 11100.0%

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 expense
$17M expenses · 100.0% of program spending · revenue $339K

Shpa is an award-winning k-8 charter public school with campuses in bloomington and richfield. Shpa offers a classical education model grounded in the liberal arts and designed to engage students in a rigorous, content-rich curriculum. Seven Hills students learn responsible study habits, critical thinking skills, and robust debate practices to prepare them to embark on a joyful pursuit of hard-earned wisdom. Seven Hills offers a comprehensive character education program, promoting values of respect, compassion, and self-control and aspiring toward the classical virtues of truth, beauty, and…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
INTERIM EXECUTIVE DIRECTOR
Officer, 40.00 hrs/week
$115,685$0$31,088$146,773
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$100,398$0$36,451$136,849
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$111,513$0$11,625$123,138
DIRECTOR/TEACHER
Director/trustee, 41.00 hrs/week
$72,909$0$22,708$95,617
DIRECTOR/TEACHER
Director/trustee, 41.00 hrs/week
$69,610$0$17,817$87,427
DIRECTOR/TEACHER
Director/trustee, 41.00 hrs/week
$79,461$0$7,652$87,113

3 people received more than $100,000 in reportable compensation from Seven Hills Preparatory Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $385K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$18M$18M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$18M$18M90.5%−$5.8M$146,773
FY2024 ⓘ$18M$18M91.9%−$4.1M$133,987
FY2023 ⓘ$16M$16M92.4%−$3.9M$117,954
FY2022 ⓘ$15M$15M91.1%−$4.7M$153,632
FY2021 ⓘ$14M$13M89.8%−$5.6M$132,514
FY2020 ⓘ$13M$14M90.5%−$5.5M$149,811

Governance 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–1b11 · 8 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • 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 522
  • Volunteers Part I, line 678

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
4MATIV TECHNOLOGIES INC
Transportation
$927,082
CKC GOOD FOOD
Food service
$688,150
ACADEMY OF HOLY ANGELS
Transportation
$590,605
ZEN EDUCATE
Substitute services
$295,427
UNIVERSAL CLEANING SERVICES
Cleaning services
$257,536

Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Seven Hills Preparatory Academy totaling $107 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 Seven Hills Preparatory 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 Seven Hills Preparatory Academy, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Minnesota

Questions people ask

How much of Seven Hills Preparatory Academy's spending goes to programs?

In the fiscal year ending June 30, 2025, Seven Hills Preparatory Academy reported that 90.5% of its $18.3 million in expenses went to program services, 9.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Seven Hills Preparatory Academy pay its top executive?

The largest total compensation Seven Hills Preparatory Academy reported for one person in the fiscal year ending June 30, 2025 was $146,773, for the role of INTERIM EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Seven Hills Preparatory Academy get its money?

Of $17.7 million in revenue in the fiscal year ending June 30, 2025, 97.1% came from contributions and grants (including 96.8% from government grants) and 1.1% from program service revenue (Form 990, Part VIII).

Is Seven Hills Preparatory Academy a registered charity?

The IRS lists EIN 20-3107105 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 202611339349307106 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521349349301112 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411289349301991 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202330699349301273 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202220449349300507 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121279349301917 · read the filing

All filings for EIN 20-3107105: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.