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St Croix Preparatory Academy

Stillwater, MN · EIN 90-0103622 · 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

St Croix Preparatory Academy reported $17.7 million in revenue and $17.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $81.40 went to program services, $18.60 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 93.6% of the total. Government grants made up 92.5%. The highest compensation it reported for one person was $225,189 (Executive Director (resigned 6.30.25)). 10 people received more than $100,000 in reportable compensation. Revenue rose 24% 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)
81.4%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
18.6%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
93.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
92.5%1.1%
Program service revenue share
Part VIII 2g ÷ 12
4.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$225,189$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.28%1.28%
People paid over $100,000
Part VII, line 2
108
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
1.913.3
Independent voting board members
Part VI 1a–1b
4 of 7100.0%

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
$14M expenses · 100.0% of program spending · revenue $766K

SCPA is a public school serving approximately 1,191 students in grades K-12 in fiscal year 7/1/2024-6/30/2025. Student retention over a ten year period remains an average of 96% (because the school is a school of parent choice, the Board interpolates a parent satisfaction rate of 96% as well); Faculty retention, over a five year period, averages over 88%; Average State standardized test scores are 16-22% higher than the resident district

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
Executive Director (resigned 6.30.25)
Officer, 40.00 hrs/week
$201,363$0$23,826$225,189
Executive Director of Finance
Officer, 40.00 hrs/week
$157,107$0$26,420$183,527
Principal
Highest compensated employee, 40.00 hrs/week
$136,497$0$39,687$176,184
Principal
Highest compensated employee, 40.00 hrs/week
$145,302$0$22,199$167,501
Facilities Director
Highest compensated employee, 40.00 hrs/week
$136,657$0$18,929$155,586
Director of Student Services
Highest compensated employee, 40.00 hrs/week
$134,241$0$18,406$152,647
Principal
Highest compensated employee, 40.00 hrs/week
$127,423$0$24,696$152,119
Member/Teacher
Director/trustee, 41.00 hrs/week
$85,177$0$15,756$100,933

10 people received more than $100,000 in reportable compensation from St Croix Preparatory Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $644K (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$18M81.4%$2.8M$225,189
FY2024 ⓘ$18M$18M84.4%$2.6M$218,715
FY2023 ⓘ$17M$17M84.4%$3.2M$218,047
FY2022 ⓘ$16M$15M85.2%$1.1M$184,677
FY2021 ⓘ$15M$14M85.5%−$851K$174,165
FY2020 ⓘ$14M$14M84.7%−$936K$135,943

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 · 4 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 2Yes
  • 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 5273
  • Volunteers Part I, line 6125

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Blazerworks
Staffing Services
$433,052
Blue Ribbon Cleaning Inc
Janitorial Services
$270,505
Creative Planning Business Services
Financial Services
$134,006

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

6 private foundations reported grants to St Croix Preparatory Academy totaling $16,651 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 St Croix 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 St Croix 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 St Croix Preparatory Academy's spending goes to programs?

In the fiscal year ending June 30, 2025, St Croix Preparatory Academy reported that 81.4% of its $17.5 million in expenses went to program services, 18.6% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does St Croix Preparatory Academy pay its top executive?

The largest total compensation St Croix Preparatory Academy reported for one person in the fiscal year ending June 30, 2025 was $225,189, for the role of Executive Director (resigned 6.30.25) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does St Croix Preparatory Academy get its money?

Of $17.7 million in revenue in the fiscal year ending June 30, 2025, 93.6% came from contributions and grants (including 92.5% from government grants) and 4.0% from program service revenue (Form 990, Part VIII).

Is St Croix Preparatory Academy a registered charity?

The IRS lists EIN 90-0103622 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 202632089349300228 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501349349300715 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401349349308565 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331359349313943 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231349349300728 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131269349300443 · read the filing

All filings for EIN 90-0103622: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.