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Success Academy

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

EIN: 471245811 ✦ Bloomington, MN ✦ Designated as a 501(c)(3)

Overview

What is Success Academy?

Success Academy is a nonprofit organization situated in Bloomington, Minnesota, specifically at 8201 Park Avenue. Last year, the institution served over 300 students, marking its largest state enrollment to date. The organization expanded its reach by establishing a second location in St. Cloud, Minnesota, during the same period. Success Academy's mission is to foster students who become discerning questioners, critical thinkers, and responsible citizens. The organization's data, including test results and demographic information, can be accessed on the Minnesota Department of Education's website. The nonprofit employs a total of 84 individuals.


Official website here: www.successacademymn.org

Is Success Academy legitimate?

Success Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Success Academy 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: $1,555,406

For more financial information, click here


Official website here: www.successacademymn.org

What is the mission statement of Success Academy?

Success Academy's mission is centered around preparing its students to become proficient in critical thinking, science, and responsible citizenship. The educational institution strives to foster an environment where students develop into excellent questioners, encouraging a scientific approach to learning, and instilling a sense of responsibility towards their communities.


Official website here: www.successacademymn.org

Who is the CEO of Success Academy?

Magdy Rabeaa is the Member of Success Academy.


Official website here: www.successacademymn.org

What is the revenue of Success Academy?

Success Academy's revenue in 2022 was $4,803,823.


Official website here: www.successacademymn.org

Who are the executives of Success Academy and what are their salaries?

The average compensation at Success Academy during 2022 was $18,517. There are 84 employees and 5 volunteers at Success Academy.

Here are 6 key members and their salaries:

    Sara Aden (Member) [Trustee/Director]
  • Compensation: $12,818
  • Related: $0
  • Other: $1,212

    • Yusuf Ali (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abdirahman Hassan (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Muhyadin Omar (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mustaf Sharif (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Magdy Rabeaa (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.successacademymn.org

    Where can I find the form 990 for Success Academy?

    The Success Academy’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.successacademymn.org

    Learn more at the official website: www.successacademymn.org

    Mission Statement of Success Academy

    Success Academy, a renowned organization, is committed to its mission of fostering the development of well-informed, analytical, and responsible individuals. Its primary goal is to prepare students to excel in critical thinking, scientific inquiry, and civic responsibility. This mission is a guiding principle that drives the institution's educational approach and curriculum. By nurturing students to become excellent questioners, Success Academy aims to equip them with the skills necessary to navigate the complexities of the modern world.

    Impact

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




    Saturday, July 20, 2024

    Success Academy's impact can be seen in the transformation of students into excellent questioners, scientific thinkers, and responsible citizens. With a commitment to quality education, Success Academy has served over 300 students, its largest state enrollment to date. The expansion to a second location in St. Cloud, MN, underscores its dedication to reaching more students and communities. Test results and demographic information attest to the success of Success Academy in equipping students with the skills and mindset needed for success in a rapidly evolving world.





    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: $0
  • Program Service Revenue: $0
  • Gross Receipts: $4,803,823

    • Assets and Liabilities:
  • Total Assets: $3,286,502
  • Total Liabilities: $2,439,688
  • Net Assets: $846,814
  • Organization Details

    Founding Year

    2015

    Principal Officer

    Magdy Rabeaa

    Main Address

    8201 PARK AVENUE, BLOOMINGTON, MN, 55420

    NTEE Category

    Code: B20 - Education

    If you are a representative of Success Academy 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.