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Minnesota · Nonprofit

AVE MARIA ACADEMY

AVE MARIA ACADEMY (Minnesota) receives grants from 14 organizations whose IRS filings report $1,073,291 to it, the largest being KOPP FAMILY FOUNDATION ($464,000). 11 of them have funded it in more than one year.

Revenue FY2025
$2.4M
Funders on record
14
Grants received
$1.1M
Net assets
$4.6M
11/14 repeat funderspeak grant-dependency 12%
01What it does

What Ave Maria Academy does

Mission

Ave Maria Academy is a catholic school of academic excellence for boys and girls from pre-kindergarten through eighth grade. The school must meet all state educational requirements and testing standards.

As stated on its FY2025 Form 990.

Program

  1. Ave Maria Academy is a catholic school of academic excellence for boys and girls from pre-kindergarten through eighth grade. The school must meet all state educational requirements and testing standards.

    $1,958,483 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,958,483.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.9M) Expenses 100 ($2.0M) Net assets 100 ($3.9M)2018 Revenue 99 ($1.9M) Expenses 93 ($1.9M) Net assets 101 ($3.9M)2019 Revenue 106 ($2.1M) Expenses 94 ($1.9M) Net assets 105 ($4.1M)2020 Revenue 100 ($1.9M) Expenses 94 ($1.9M) Net assets 106 ($4.1M)2021 Revenue 119 ($2.3M) Expenses 102 ($2.1M) Net assets 113 ($4.3M)2022 Revenue 122 ($2.4M) Expenses 108 ($2.2M) Net assets 117 ($4.5M)2023 Revenue 121 ($2.4M) Expenses 112 ($2.3M) Net assets 119 ($4.6M)2024 Revenue 125 ($2.4M) Expenses 115 ($2.3M) Net assets 122 ($4.7M)2025 Revenue 122 ($2.4M) Expenses 124 ($2.5M) Net assets 118 ($4.6M)
'17'18'19'20'21'22'23'24'25
Revenue (122)Expenses (124)Net assets (118)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $8.9M to $8.0M (−11%).

$8.4M
$8.4M
$8.5M
$8.7M
$8.7M
$8.8M
$9.0M
$8.9M
$8.0M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

26% of AVE MARIA ACADEMY’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

−$86k
’17
$46k
’18
$152k
’19
$42k
’20
$254k
’21
$167k
’22
$73k
’23
$101k
’24
−$129k
’25
2.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Kimberly Day

Chair of the board

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed10109988988
Joined·+1+1+1+0+1+3+0+2
No longer listed·12111212
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 7 funders, grant income fell $90k → $86k.

5 of 14 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 11% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of AVE MARIA ACADEMY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

AVE MARIA ACADEMY leans on a few funders — its largest provides 43% of grant income and the top three 84%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

40% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund AVE MARIA ACADEMY.

43%
largest funder
84%
top three
~3
effective funders

Largest funder’s share by year: 2017 83% · 2018 48% · 2019 66% · 2020 45% · 2021 41% · 2022 51% · 2023 47% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

64% of AVE MARIA ACADEMY's funders are still giving 3 years after their first grant; 79% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

84% of AVE MARIA ACADEMY's grant income comes from Minnesota funders.

MN
WI
SD
CA
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Minnesota out of state home

Funder states come from each funder’s own filing. $116k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

AVE MARIA ACADEMY's revenue grew 22% between 2017 and 2025.

Operating margin−5% · bottom quartile
Months of reserve2.0mo · below the median
Revenue growth (annualized)3% · bottom quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like AVE MARIA ACADEMY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 15%Fundraising 7%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for AVE MARIA ACADEMY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds AVE MARIA ACADEMY?
AVE MARIA ACADEMY (Minnesota) receives grants from 14 organizations whose IRS filings report $1,073,291 to it, the largest being KOPP FAMILY FOUNDATION ($464,000). 11 of them have funded it in more than one year.
How many funders does AVE MARIA ACADEMY have?
IRS filings report 14 organizations giving $1,073,291 in grants to AVE MARIA ACADEMY, 11 of which have funded it in more than one year.
Who is the largest funder of AVE MARIA ACADEMY?
KOPP FAMILY FOUNDATION is the largest funder on record, with $464,000 in grants. The full list of funders is on this page.
How can an organization like AVE MARIA ACADEMY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Ave Maria Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 14 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing