Team Academy

Organization Overview

Team Academy is located in Waseca, MN. The organization was established in 2006. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Team Academy employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Team Academy generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $2.1m during the year ending 06/2022. While expenses have increased by 2.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO OPERATE AN ELEMENTARY PUBLIC CHARTER SCHOOL IN WASECA UNDER THE LAWS OF THE STATE OF MINNESOTA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TEAM ACADEMY PROVIDES AN EDUCATIONAL PROGRAM TO APPROXIMATELY 94 ELEMENTARY STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Jill Courtney
Executive Director
$80,958
Janel Schmidt
Director
$63,122
Christine Hering
Treasurer
$59,234
Jennifer Brittain
Vice Chair
$55,950
Denise Gilbertson
Director
$48,794
Polly Christensen
Director
$15,405

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Engelsma Limited Partnership
Rent
$211,066
Waseca Public Schools
Food & Special Ed Services
$121,985
Waseca Public Schools
Food & Special Ed Services
$121,985
Engelsma Limited Partnership
Rent
$211,066
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,347,582
All other contributions, gifts, grants, and similar amounts not included above$2,390
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,349,972
Total Program Service Revenue$43,700
Investment income $204
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,393,876

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Team Academy has recieved totaling $79.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$79
View Grant Recipient Profile

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