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Eagle Ridge Academy

Minnetonka, MN · EIN 73-1673656 · 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

Eagle Ridge Academy reported $21.4 million in revenue and $21.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.65 went to program services, $11.35 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 93.8% of the total. Government grants made up 93.4%. The highest compensation it reported for one person was $254,919 (EXECUTIVE DIRECTOR). 6 people received more than $100,000 in reportable compensation. Revenue rose 36% 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 $21M

Program services$88.65 $19M
Management & general$11.35 $2.4M
Fundraising$0.00 $0

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 $21M

Contributions & grants (non-government)$0.43 $91,759
Government grants$93.40 $20M
Program service revenue$3.09 $661K
Investment income$1.48 $317K
Other revenue$1.60 $343K

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.
Measure	FY2025	Median
Program services Part IX 25(B) ÷ 25(A)	88.7%	84.4%
Management & general Part IX 25(C) ÷ 25(A)	11.3%	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	93.8%	19.1%
Government grants share of revenue Part VIII 1e ÷ 12	93.4%	1.1%
Program service revenue share Part VIII 2g ÷ 12	3.1%	69.9%
Highest reported compensation Part VII-A, columns D–F	$254,919	$331,578
Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A)	1.19%	1.28%
People paid over $100,000 Part VII, line 2	6	8
Net assets, in months of expenses Part X 33(B) ÷ monthly expenses	0.2	13.3
Independent voting board members Part VI 1a–1b	5 of 7	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 expense

$19M expenses · 100.0% of program spending · revenue $684K

Providing students with a traditional, classical, education that demands their best in academic achievement, behavior, and attitudes while challenging them to attain their highest potential. During the fiscal year ending june 30, 2025, Eagle Ridge Academy served an estimated 1,500 students

Highest 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	$210,215	$0	$44,704	$254,919
ACADEMIC DIRECTOR Highest compensated employee, 40.00 hrs/week	$107,152	$0	$47,034	$154,186
DIRECTOR OF SPECIAL SERVICES Highest compensated employee, 40.00 hrs/week	$119,291	$0	$20,200	$139,491
PRINCIPAL (K-4) Highest compensated employee, 40.00 hrs/week	$114,463	$0	$22,249	$136,712
PRINCIPAL (5-8) Highest compensated employee, 40.00 hrs/week	$104,384	$0	$20,543	$124,927
PRINCIPAL (9-12) Highest compensated employee, 40.00 hrs/week	$113,075	$0	$10,299	$123,374
BOARD CHAIR/TEACHER Director/trustee, officer, 42.00 hrs/week	$70,215	$0	$6,298	$76,513
BOARD MEMBER/TEACHER Director/trustee, 42.00 hrs/week	$47,713	$0	$5,936	$53,649

6 people received more than $100,000 in reportable compensation from Eagle Ridge Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $364K (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

Filing	Revenue	Expenses	Programs	Net assets	Top pay
FY2025 ⓘ	$21M	$21M	88.7%	$392K	$254,919
FY2024 ⓘ	$20M	$20M	89.6%	$64,008	$237,719
FY2023 ⓘ	$19M	$18M	88.4%	−$517K	$206,541
FY2022 ⓘ	$20M	$18M	88.2%	−$2.0M	$181,080
FY2021 ⓘ	$17M	$16M	88.0%	−$3.6M	$167,639
FY2020 ⓘ	$16M	$15M	88.2%	−$3.1M	$153,996

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–1b7 · 5 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 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 5263
Volunteers Part I, line 6400

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only

METROPOLITAN TRANSPORTATION Transportation services	$956,187
TAHER INC Food services	$903,400
UNIVERSAL CLEANING SERVICES Janitorial and repair services	$532,750
CORPORATE TECHNOLOGIES LLC Tech support, managed services	$317,114
CREATIVE PLANNING Financial management/accounting services	$132,401

Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Eagle Ridge Academy totaling $4,550 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 Eagle Ridge 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 Eagle Ridge Academy, you can publish a response that is linked from this page.

Report a correction Respond as Eagle Ridge Academy How this works

Similar-sized charities in this cause

German International School of Silicon Valley
Mountain View, CA · revenue $21M · programs 87.3% · FY2025
Regina Coeli Child Development Center
Robert, LA · revenue $21M · programs 88.9% · FY2025
Partnerships to Uplift Communities Lakeview Terrace
Burbank, CA · revenue $21M · programs 68.8% · FY2025
Dohn Community High School
Cincinnati, OH · revenue $21M · programs 73.9% · FY2023
Charles Wright Academy
Tacoma, WA · revenue $21M · programs 82.6% · FY2025

All education charities · Largest charities in Minnesota

Questions people ask

How much of Eagle Ridge Academy's spending goes to programs?

In the fiscal year ending June 30, 2025, Eagle Ridge Academy reported that 88.7% of its $21.5 million in expenses went to program services, 11.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Eagle Ridge Academy pay its top executive?

The largest total compensation Eagle Ridge Academy reported for one person in the fiscal year ending June 30, 2025 was $254,919, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Eagle Ridge Academy get its money?

Of $21.4 million in revenue in the fiscal year ending June 30, 2025, 93.8% came from contributions and grants (including 93.4% from government grants) and 3.1% from program service revenue (Form 990, Part VIII).

Is Eagle Ridge Academy a registered charity?

The IRS lists EIN 73-1673656 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 202641149349301964 · read the filing
FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531339349302168 · read the filing
FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401349349300600 · read the filing
FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311329349306446 · read the filing
FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221319349302552 · read the filing
FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131349349305423 · read the filing

All filings for EIN 73-1673656: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.