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Minnesota · Nonprofit

PRODEO ACADEMY CHARTER SCHOOL #4213

PRODEO ACADEMY CHARTER SCHOOL #4213 (Minnesota) receives grants from 47 organizations whose IRS filings report $11,655,848 to it, the largest being WEM FOUNDATION ($4,375,000). 28 of them have funded it in more than one year.

Revenue FY2025
$28M
Funders on record
47
Grants received
$12M
Net assets
$-4727781
28/47 repeat funderspeak grant-dependency 24%
01What it does

What Prodeo Academy Charter School #4213 does

Mission

Prodeo academy is a college preparatory school that prepares students to be critical thinkers and intelligent leaders, expanding their opportunities to contribute positively and productively to society.

As stated on its FY2025 Form 990.

Program

  1. Prodeo academy educated 1,057 students in pre-k through 8th grade during the 2024-2025 school year. Prodeo academy provides individualized instruction for every child.

    $23,022,711 spent$625,903 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $23,022,711.

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 ($5.4M) Expenses 100 ($5.5M) Net assets 100 ($443k)2018 Revenue 154 ($8.2M) Expenses 170 ($9.3M) Net assets -139 ($-614107)2019 Revenue 197 ($11M) Expenses 199 ($11M) Net assets -163 ($-722642)2020 Revenue 232 ($12M) Expenses 223 ($12M) Net assets -334 ($-1482049)2021 Revenue 247 ($13M) Expenses 234 ($13M) Net assets -540 ($-2393314)2022 Revenue 302 ($16M) Expenses 297 ($16M) Net assets -681 ($-3019317)2023 Revenue 347 ($19M) Expenses 356 ($19M) Net assets -1195 ($-5293956)2024 Revenue 440 ($24M) Expenses 424 ($23M) Net assets -1396 ($-6186320)2025 Revenue 531 ($28M) Expenses 486 ($27M) Net assets -1067 ($-4727781)
'17'18'19'20'21'22'23'24'25
Revenue (531)Expenses (486)Net assets (-1067)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 2021 to 2022, from $7.9M to $11M (+37%).

$5.2M
$7.2M
$7.9M
$7.7M
$7.9M
$11M
$10M
$11M
$10.0M
'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 79% · 2018 85% · 2019 92% · 2020 90% · 2021 94% · 2022 92% · 2023 95% · 2024 92% · 2025 90%. Grants only. Government contracts and fees sit inside program revenue.

98% of PRODEO ACADEMY CHARTER SCHOOL #4213’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$122k
’17
−$1.1M
’18
−$355k
’19
$189k
’20
$426k
’21
−$134k
’22
−$901k
’23
$336k
’24
$1.8M
’25
0.3
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

David Hartman

Chairperson

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed131010121213131718
Joined·+2+1+3+1+1+4+6+4
No longer listed·51110423
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 13 funders to 20 funders, grant income rose $448k → $4.5M.

11 of 47 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 12% 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 PRODEO ACADEMY CHARTER SCHOOL #4213’s funders (the co-funder graph). Top 30 of 47 funders by total. 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

PRODEO ACADEMY CHARTER SCHOOL #4213 has a broad base — no single funder exceeds 38% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 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 PRODEO ACADEMY CHARTER SCHOOL #4213.

38%
largest funder
58%
top three
~6
effective funders

Largest funder’s share by year: 2017 22% · 2018 24% · 2019 28% · 2020 28% · 2021 47% · 2022 17% · 2023 90% — 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

53% of PRODEO ACADEMY CHARTER SCHOOL #4213's funders are still giving 3 years after their first grant; 60% 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

97% of PRODEO ACADEMY CHARTER SCHOOL #4213's grant income comes from Minnesota funders.

ND
MN
WI
NY
MA
SD
NC
TX
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. $1.4M arriving through sponsors registered in 9 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

PRODEO ACADEMY CHARTER SCHOOL #4213 has grown faster than three-quarters of the 3,758 education nonprofits its size.

Operating margin6% · above the median
Months of reserve0.3mo · bottom quartile
Revenue growth (annualized)23% · top quartile

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Organizations like PRODEO ACADEMY CHARTER SCHOOL #4213

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

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

11
board members
91%
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 2 related entities

  • Friends of Prodeo Academy · exempt
  • Prodeo Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for PRODEO ACADEMY CHARTER SCHOOL #4213: 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 PRODEO ACADEMY CHARTER SCHOOL #4213?
PRODEO ACADEMY CHARTER SCHOOL #4213 (Minnesota) receives grants from 47 organizations whose IRS filings report $11,655,848 to it, the largest being WEM FOUNDATION ($4,375,000). 28 of them have funded it in more than one year.
How many funders does PRODEO ACADEMY CHARTER SCHOOL #4213 have?
IRS filings report 47 organizations giving $11,655,848 in grants to PRODEO ACADEMY CHARTER SCHOOL #4213, 28 of which have funded it in more than one year.
Who is the largest funder of PRODEO ACADEMY CHARTER SCHOOL #4213?
WEM FOUNDATION is the largest funder on record, with $4,375,000 in grants. The full list of funders is on this page.
How can an organization like PRODEO ACADEMY CHARTER SCHOOL #4213 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 Prodeo Academy Charter School #4213 →

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 47 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