Minnesota · Nonprofit
UNIVERSAL ACADEMY
UNIVERSAL ACADEMY (Minnesota) receives grants from 1 organization whose IRS filings report $1,500 to it, the largest being WALTER C RASMUSSEN - NORTHEAST BANK FOUNDATION ($1,500). 1 of them have funded it in more than one year.
- Revenue FY2025
- $12M
- Funders on record
- 1
- Grants received
- $2k
- Net assets
- $3.5M
What Universal Academy does
Mission
Universal Academy will provide success for all students with high quality learning, empowerment and support from a caring and nurturing staff.
As stated on its FY2025 Form 990.
Programs
Universal Academy charter school's philosophy is "success for all". We believe that each student can be successful with the appropriate support. Universal Academy strives to give each student the individual attention and instruction that they need by collecting and analyzing data each week. Universal Academy teachers plan their lessons with small groups that allow them to observe each student's understanding of the lesson daily.Universal Academy will achieve "success for all" by: *assessing students understanding of the minnesota state standards that were taught each week with a "friday quiz" *tracking the weekly friday quiz assessments and meeting to discuss student and class progress *using the data from the "trackers" to reteach and retest as well as create small groups that will address specific standards *differentiating lessons and assessments for individual learning styles *using research based programs including "responsive classroom", "teach like a champion", "great habits, great readers", "driven by data", "gradual release", and "response to intervention"
$10,744,114 spent$11,364,103 earned by the program93% of program spendingFood service program
$764,535 spent$578,297 earned by the program7% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $11,508,649.
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.
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 $9.2M to $16M (+73%).
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: 2017 8% · 2018 9% · 2019 9% · 2020 9% · 2021 8% · 2022 8% · 2023 8% · 2024 8% · 2025 8%. Grants only. Government contracts and fees sit inside program revenue.
8% of UNIVERSAL ACADEMY’s revenue is contributions — more earned-revenue than three-quarters of its peers (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 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
Farhiya Einte
Executive director
Board chair
Abdulkadir Osman
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.
From the IRS filings of UNIVERSAL 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.
Where its funders are
100% of UNIVERSAL ACADEMY's grant income comes from Minnesota funders.
Funder states come from each funder’s own filing. 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
UNIVERSAL ACADEMY has grown faster than three-quarters of the 3,758 education nonprofits its size.
this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025
Organizations like UNIVERSAL 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
88% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for UNIVERSAL 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.
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 UNIVERSAL ACADEMY?
- UNIVERSAL ACADEMY (Minnesota) receives grants from 1 organization whose IRS filings report $1,500 to it, the largest being WALTER C RASMUSSEN - NORTHEAST BANK FOUNDATION ($1,500). 1 of them have funded it in more than one year.
- How many funders does UNIVERSAL ACADEMY have?
- IRS filings report 1 organization giving $1,500 in grants to UNIVERSAL ACADEMY, 1 of which have funded it in more than one year.
- Who is the largest funder of UNIVERSAL ACADEMY?
- WALTER C RASMUSSEN - NORTHEAST BANK FOUNDATION is the largest funder on record, with $1,500 in grants. The full list of funders is on this page.
- How can an organization like UNIVERSAL 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 Universal 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 1 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