nonprofit logo

Partnership Academy Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261120263 ✦ Richfield, MN ✦ Designated as a 501(c)(3)

Overview

What is Partnership Academy Association?

Partnership Academy Association is a nonprofit organization situated in Richfield, Minnesota, with the address 6500 Nicollet Avenue South. Their primary mission is to support the mission and vision of Partnership Academy, Inc. by owning real property. This involvement in real estate ownership serves to further the objectives of Partnership Academy, Inc., although the specifics of their mission and vision are not provided in the information array.


Is Partnership Academy Association legitimate?

Partnership Academy Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Partnership Academy Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Partnership Academy Association?
Who is the CEO of Partnership Academy Association?
What is the revenue of Partnership Academy Association?
Who are the executives of Partnership Academy Association and what are their salaries?
Where can I find the form 990 for Partnership Academy Association?

Mission Statement of Partnership Academy Association

The Partnership Academy Association, as a nonprofit organization, is committed to supporting the mission and vision of Partnership Academy, Inc. in a unique way. Their primary mission is achieved through the ownership of real property. Specifically, they construct and lease buildings to Partnership Academy, Inc., thereby contributing to its operations and goals. This involvement in real estate allows Partnership Academy, Inc. to carry out its own mission more effectively. The Partnership Academy Association serves as a vital partner, leveraging its resources to aid in the success of Partnership Academy, Inc.

Impact

This information is meant to be a general summary of Partnership Academy Association. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Partnership Academy Association's impact lies in its support of Partnership Academy, Inc.'s mission and vision through the ownership of real property. By constructing and leasing buildings to Partnership Academy, Inc., Partnership Academy Association plays a vital role in providing a physical space for educational activities in Richfield, MN. This direct support helps facilitate the delivery of education to students, ultimately contributing to the advancement of education in the local community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $33,962
  • Program Service Revenue: $754,194
  • Gross Receipts: $788,156

    • Assets and Liabilities:
  • Total Assets: $12,534,472
  • Total Liabilities: $14,252,042
  • Net Assets: -$1,717,570
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $754,194

    Organization Details

    Founding Year

    2007

    Principal Officer

    Lisa Hendricks

    Main Address

    6500 NICOLLET AVE SOUTH, RICHFIELD, MN, 55423

    NTEE Category

    Code: B11 - Education

    If you are a representative of Partnership Academy Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.