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Minnesota · Nonprofit

St Croix Preparatory Academy

St Croix Preparatory Academy (Minnesota) receives grants from 20 organizations whose IRS filings report $438,077 to it, the largest being FRIENDS OF EDUCATION ($140,016). 12 of them have funded it in more than one year.

Revenue FY2025
$18M
Funders on record
20
Grants received
$438k
Net assets
$2.8M
12/20 repeat funderspeak grant-dependency 1%
01What it does

What St Croix Preparatory Academy does

Mission

SCPA is a public school serving approximately 1,191 students in grades K-12 in fiscal year 7/1/2024-6/30/2025. Student retention over a ten year period remains an average of 96% (because the school is a school of parent choice, the Board interpolates a parent satisfaction rate of 96% as well); Faculty retention, over a five year period, averages over 88%; Average State standardized test scores are 16-22% higher than the resident district.

As stated on its FY2025 Form 990.

Program

  1. SCPA is a public school serving approximately 1,191 students in grades K-12 in fiscal year 7/1/2024-6/30/2025. Student retention over a ten year period remains an average of 96% (because the school is a school of parent choice, the Board interpolates a parent satisfaction rate of 96% as well); Faculty retention, over a five year period, averages over 88%; Average State standardized test scores are 16-22% higher than the resident district.

    $14,264,354 spent$765,737 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $14,264,354.

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 ($13M) Expenses 100 ($11M) Net assets -212 ($-2278670)2018 Revenue 103 ($13M) Expenses 106 ($12M) Net assets -337 ($-3617822)2019 Revenue 110 ($14M) Expenses 114 ($13M) Net assets -66 ($-708175)2020 Revenue 114 ($14M) Expenses 122 ($14M) Net assets -87 ($-935914)2021 Revenue 118 ($15M) Expenses 123 ($14M) Net assets -79 ($-850856)2022 Revenue 132 ($16M) Expenses 132 ($15M) Net assets 100 ($1.1M)2023 Revenue 140 ($17M) Expenses 151 ($17M) Net assets 301 ($3.2M)2024 Revenue 142 ($18M) Expenses 163 ($18M) Net assets 239 ($2.6M)2025 Revenue 142 ($18M) Expenses 155 ($18M) Net assets 258 ($2.8M)
'17'18'19'20'21'22'23'24'25
Revenue (142)Expenses (155)Net assets (258)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 $19M to $17M (−12%).

$19M
$17M
$15M
$14M
$15M
$15M
$16M
$14M
$14M
'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 91% · 2018 91% · 2019 91% · 2020 93% · 2021 97% · 2022 95% · 2023 85% · 2024 93% · 2025 93%. Grants only. Government contracts and fees sit inside program revenue.

94% of St Croix Preparatory Academy’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$1.2M
’17
$928k
’18
$846k
’19
$477k
’20
$796k
’21
$1.6M
’22
$469k
’23
−$670k
’24
$184k
’25
3.4
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.

'17'18'19'20'21'22'23'24'25
Listed131211121517161414
Joined·+1+2+2+5+6+2+4+3
No longer listed·23124363
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 8 funders, grant income fell $77k → $58k.

5 of 20 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 39% 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 St Croix Preparatory 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

St Croix Preparatory Academy has a broad base — no single funder exceeds 32% 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

82% 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 St Croix Preparatory Academy.

32%
largest funder
59%
top three
~6
effective funders

Largest funder’s share by year: 2017 88% · 2018 89% · 2019 53% · 2020 36% · 2021 32% · 2022 40% · 2023 33% — 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

36% of St Croix Preparatory Academy'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

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

99% of St Croix Preparatory Academy's grant income comes from Minnesota funders.

MN
IL
SD
IN
NC

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. $172k 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

St Croix Preparatory Academy is better cushioned than half of the 3,794 education nonprofits its size.

Operating margin1% · below the median
Months of reserve3.4mo · above the median
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Organizations like St Croix Preparatory 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

81% of spending goes to programs.

Program 81%Management 19%Fundraising 0%

Governance

7
board members
57%
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

  • Friends of St Croix Preparatory Academy · exempt

Screen this organization

A dated, signed PDF of the compliance screen for St Croix Preparatory 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 St Croix Preparatory Academy?
St Croix Preparatory Academy (Minnesota) receives grants from 20 organizations whose IRS filings report $438,077 to it, the largest being FRIENDS OF EDUCATION ($140,016). 12 of them have funded it in more than one year.
How many funders does St Croix Preparatory Academy have?
IRS filings report 20 organizations giving $438,077 in grants to St Croix Preparatory Academy, 12 of which have funded it in more than one year.
Who is the largest funder of St Croix Preparatory Academy?
FRIENDS OF EDUCATION is the largest funder on record, with $140,016 in grants. The full list of funders is on this page.
How can an organization like St Croix Preparatory 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 St Croix Preparatory 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 20 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 22, 2026. What this page cannot tell you · view filing