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Minnesota · Nonprofit

SUCCESS ACADEMY

SUCCESS ACADEMY (Minnesota) receives grants from 9 organizations whose IRS filings report $181,633 to it, the largest being THE WEGE FOUNDATION ($100,000). 0 of them have funded it in more than one year.

Revenue FY2025
$6.4M
Funders on record
9
Grants received
$182k
Net assets
$325k
0/9 repeat funderspeak grant-dependency 6%
01What it does

What Success Academy does

Mission

The mission of Success Academy is to prepare students to become excellent questioners, scientific thinkers, and responsible citizens.

As stated on its FY2025 Form 990.

Programs

  1. During the previous year, Success Academy served over 379 adm - its largest state enrollment to date - at two sites in bloomington and st. Cloud, mn. Test results and other demographic and student information are available on the mn department of education website.

    $4,987,141 spentof which $46,883 as grants
    90% of program spending
  2. The food service program continues to grow, serving free meals for all students.

    $577,136 spent
    10% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,564,277.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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 = 20182018 Revenue 100 ($1.6M) Expenses 100 ($1.7M) Net assets 100 ($26k)2019 Revenue 95 ($1.5M) Expenses 80 ($1.3M) Net assets 808 ($214k)2020 Revenue 128 ($2.0M) Expenses 114 ($1.9M) Net assets 1346 ($356k)2021 Revenue 175 ($2.8M) Expenses 127 ($2.1M) Net assets 3932 ($1.0M)2022 Revenue 300 ($4.8M) Expenses 299 ($5.0M) Net assets 3199 ($847k)2023 Revenue 347 ($5.6M) Expenses 336 ($5.6M) Net assets 1994 ($528k)2024 Revenue 382 ($6.1M) Expenses 350 ($5.8M) Net assets 1899 ($503k)2025 Revenue 401 ($6.4M) Expenses 385 ($6.4M) Net assets 1229 ($325k)
'18'19'20'21'22'23'24'25
Revenue (401)Expenses (385)Net assets (1229)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 2022 to 2023, from $3.3M to $6.4M (+95%).

$1.6M
$1.7M
$1.8M
$2.4M
$3.3M
$6.4M
$6.1M
$6.0M
'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.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 85% · 2019 96% · 2020 86% · 2021 91% · 2022 98% · 2023 99% · 2024 100% · 2025 99%. Grants only. Government contracts and fees sit inside program revenue.

100% of SUCCESS 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 8 reported years ran a deficit.

−$72k
’18
$188k
’19
$142k
’20
$684k
’21
−$194k
’22
−$67k
’23
$266k
’24
−$17k
’25
2.2
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

Yusuf Ali

Chair

As listed on its FY2025 Form 990.

'18'19'20'21'22'23'24'25
Listed66666676
Joined·+2+1+0+5+2+1+0
No longer listed·2105201
03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 4 funders to 1 funder, grant income fell $130k → $10k.

1 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% 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 SUCCESS 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

SUCCESS ACADEMY leans on a few funders — its largest provides 55% of grant income and the top three 77%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

55%
largest funder
77%
top three
~3
effective funders

Largest funder’s share by year: 2020 77% · 2021 50% · 2022 100% · 2023 100% — 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

0% of SUCCESS ACADEMY's funders are still giving 3 years after their first grant; 0% 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

SUCCESS ACADEMY draws 80% of its grant income from funders outside Minnesota, across 5 states in all.

MN
MI
NY
MA
TX

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

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

Funder states come from each funder’s own filing. $7k 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.

04Its place in the field

Against its field

SUCCESS ACADEMY has grown faster than three-quarters of the 9,398 education nonprofits its size.

Operating margin−0% · below the median
Months of reserve2.2mo · below the median
Revenue growth (annualized)22% · top quartile

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

Organizations like SUCCESS 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

86% of spending goes to programs.

Program 86%Management 14%Fundraising 0%

Governance

5
board members
80%
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 SUCCESS 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 SUCCESS ACADEMY?
SUCCESS ACADEMY (Minnesota) receives grants from 9 organizations whose IRS filings report $181,633 to it, the largest being THE WEGE FOUNDATION ($100,000). 0 of them have funded it in more than one year.
How many funders does SUCCESS ACADEMY have?
IRS filings report 9 organizations giving $181,633 in grants to SUCCESS ACADEMY.
Who is the largest funder of SUCCESS ACADEMY?
THE WEGE FOUNDATION is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
How can an organization like SUCCESS 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 Success Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 9 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