Minnesota · Nonprofit
PROGENY ACADEMY INC
PROGENY ACADEMY INC (Minnesota) receives grants from 2 organizations whose IRS filings report $8,547 to it, the largest being INNOVATIVE QUALITY SCHOOLS ($8,542). 0 of them have funded it in more than one year.
- Revenue FY2025
- $1.9M
- Funders on record
- 2
- Grants received
- $9k
- Net assets
- $151k
What Progeny Academy Inc does
Mission
Progeny academys educational philosophy centers on the belief that all students can learn and deserve the opportunity to access and engage in rigorous academics and receive the social/emotional support needed to develop as a well rounded, life long learner. Additionally, the school believes that learners come to school with a unique profile of personal and academic experience and knowledge. All students need a school environment that can specifically and accurately pinpoint strengths and areas requiring support to create an authentic and individualized learning experience where the learner is challenged and supported to meet or exceed academic standards and develops the personal attributes to achieve success in secondary learning and beyond.
As stated on its FY2025 Form 990.
Program
The primary purpose of progeny academy is to provide a rigorous and authentic learning program that is grounded in the inquiry based principles of the international baccalaureate program (ib), and the next generations science standards (ngss). Additionally, the school will deliver a relevant social/emotional learning program that guides students in their middle school years to understand development, goal setting, situational problem solving, and goal setting to create a safe and supportive learning environment for all learners
$1,567,254 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,567,254.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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.
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 $92k to $643k (+599%).
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.
Government-grant reliance: 2019 96% · 2020 99% · 2021 93% · 2022 100% · 2023 99% · 2024 99% · 2025 91%. Grants only. Government contracts and fees sit inside program revenue.
100% of PROGENY ACADEMY INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 7 reported years ran a deficit.
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
Nicole Nelson
Executive director
Board chair
Jeramie Steinert
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% 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 PROGENY ACADEMY INC’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
PROGENY ACADEMY INC leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% 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 PROGENY ACADEMY INC.
“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.
Where its funders are
100% of PROGENY ACADEMY INC's grant income comes from Minnesota funders.
Funder states come from each funder’s own filing. $5 arriving through sponsors registered in 1 state 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.
Against its field
PROGENY ACADEMY INC has grown faster than three-quarters of the 9,398 education nonprofits its size.
this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025
Organizations like PROGENY ACADEMY INC
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
90% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for PROGENY ACADEMY INC: 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.
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 PROGENY ACADEMY INC?
- PROGENY ACADEMY INC (Minnesota) receives grants from 2 organizations whose IRS filings report $8,547 to it, the largest being INNOVATIVE QUALITY SCHOOLS ($8,542). 0 of them have funded it in more than one year.
- How many funders does PROGENY ACADEMY INC have?
- IRS filings report 2 organizations giving $8,547 in grants to PROGENY ACADEMY INC.
- Who is the largest funder of PROGENY ACADEMY INC?
- INNOVATIVE QUALITY SCHOOLS is the largest funder on record, with $8,542 in grants. The full list of funders is on this page.
- How can an organization like PROGENY ACADEMY INC 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 Progeny Academy →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 2 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