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Minnesota · Nonprofit

GLOBAL ACADEMY

GLOBAL ACADEMY (Minnesota) receives grants from 12 organizations whose IRS filings report $1,297,023 to it, the largest being CIRESI WALBURN FOUNDATION ($426,000). 9 of them have funded it in more than one year.

Revenue FY2025
$8.9M
Funders on record
12
Grants received
$1.3M
Net assets
$-723047
9/12 repeat funderspeak grant-dependency 5%
01What it does

What Global Academy does

Mission

Global Academy is a free, chartered public elementary and middle school that seeks to serve a diverse group of students. Global Academy is committed to service in the broader world based on the goals of the international baccalaureate organization. Empowered by academic rigor, graduates of Global Academy will be fully prepared for success and leadership in challenging high school programs.

As stated on its FY2025 Form 990.

Program

  1. Global Academy is a nonprofit corporation that was formed and began operating in october 2007, in accordance with minnesota statutes. The school is authorized by the university of st. Thomas. During fiscal year 2024-2025, the school had approximately 457 students enrolled.

    $8,230,729 spent$29,028 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $8,230,729.

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 ($6.7M) Expenses 100 ($8.8M)2018 Revenue 97 ($6.5M) Expenses 86 ($7.5M)2019 Revenue 107 ($7.2M) Expenses 79 ($6.9M)2020 Revenue 112 ($7.5M) Expenses 84 ($7.4M)2021 Revenue 117 ($7.8M) Expenses 85 ($7.4M)2022 Revenue 142 ($9.5M) Expenses 101 ($8.8M)2023 Revenue 127 ($8.5M) Expenses 97 ($8.6M)2024 Revenue 141 ($9.4M) Expenses 102 ($8.9M)2025 Revenue 134 ($8.9M) Expenses 102 ($9.0M)
'17'18'19'20'21'22'23'24'25
Revenue (134)Expenses (102)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 2017 to 2018, from $8.6M to $5.6M (−35%).

$8.6M
$5.6M
$5.3M
$5.0M
$5.0M
$4.7M
$4.5M
$4.5M
$4.0M
'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

Government-grant reliance: 2017 99% · 2018 99% · 2019 97% · 2020 97% · 2021 96% · 2022 96% · 2023 98% · 2024 98% · 2025 98%. Grants only. Government contracts and fees sit inside program revenue.

100% of GLOBAL ACADEMY’s revenue is contributions — more reliant on donations than three-quarters of its peers (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. 4 of the last 9 reported years ran a deficit.

−$2.1M
’17
−$1.1M
’18
$229k
’19
$85k
’20
$342k
’21
$641k
’22
−$107k
’23
$487k
’24
−$51k
’25
1.7
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.

Chief executive

Melissa Storbakken

Executive director

Board chair

Kim Fields

Board chair/teacher

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24'25
Listed11121391212101212
Joined·+4+2+2+7+2+0+8+2
No longer listed·31642262
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 2 funders to 5 funders, grant income rose $80k → $161k.

2 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% 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 GLOBAL 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

GLOBAL ACADEMY leans on a few funders — its largest provides 33% of grant income and the top three 75%; half comes from just 2 funders.

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

39% 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 GLOBAL ACADEMY.

33%
largest funder
75%
top three
~4
effective funders

Largest funder’s share by year: 2018 81% · 2019 62% · 2020 41% · 2021 35% · 2022 83% · 2023 93% — growing more concentrated.

“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

50% of GLOBAL ACADEMY's funders are still giving 3 years after their first grant; 75% give in more than one year at all.

first grant+1y+2y+3y

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

93% of GLOBAL ACADEMY's grant income comes from Minnesota funders.

MN
WI
MA
MD
FL

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

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

Funder states come from each funder’s own filing. $80k arriving through sponsors registered in 2 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

GLOBAL ACADEMY's funding base is broadening — from 2 funders to 5 as grant income climbed.

Operating margin−1% · below the median
Months of reserve1.7mo · below the median
Revenue growth (annualized)4% · below the median

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

Organizations like GLOBAL 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

92% of spending goes to programs.

Program 92%Management 8%Fundraising 0%

Governance

8
board members
38%
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

Part of a family of 1 related entity

  • Global Academy Abc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for GLOBAL 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 GLOBAL ACADEMY?
GLOBAL ACADEMY (Minnesota) receives grants from 12 organizations whose IRS filings report $1,297,023 to it, the largest being CIRESI WALBURN FOUNDATION ($426,000). 9 of them have funded it in more than one year.
How many funders does GLOBAL ACADEMY have?
IRS filings report 12 organizations giving $1,297,023 in grants to GLOBAL ACADEMY, 9 of which have funded it in more than one year.
Who is the largest funder of GLOBAL ACADEMY?
CIRESI WALBURN FOUNDATION is the largest funder on record, with $426,000 in grants. The full list of funders is on this page.
How can an organization like GLOBAL 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 Global 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 12 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