Hiawatha Academies
- Assets
- $16.9m
- Revenue
- $30.1m
- Investments
- $0.0
- Employees
- 330
- Location
- Minneapolis, MN
- Founding
- 09/2007
- Data as of
- 06/2022
- EIN
- 20-4798683
Organization Overview
Hiawatha Academies is located in Minneapolis, MN. The organization was established in 2007. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Hiawatha Academies employed 330 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hiawatha Academies 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, Hiawatha Academies generated $30.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $30.1m during the year ending 06/2022. While expenses have increased by 4.5% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER STUDENTS WITH THE KNOWLEDGE, CHARACTER, AND LEADERSHIP SKILLS TO GRADUATE FROM COLLEGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
HIAWATHA ACADEMIES HAS ACHIEVED SIGNIFICANT OUTCOMES IN CLOSING THE ACHIEVEMENT GAP FOR A GROWING COMMUNITY OF SCHOLARS THAT IS 98% STUDENTS OF COLOR AND 93% FREE/REDUCED LUNCH ELIGIBLE. RECENTLY, HIAWATHA ACADEMIES WAS FEATURED IN THE STAR TRIBUNE FOR "BEATING THE ODDS" AS ONE OF THE TOP URBAN SCHOOLS FOR ACADEMIC RESULTS IN THE TWIN CITIES METRO AREA. HIAWATHA'S HISTORICALLY UNDERSERVED POPULATIONS (ENGLISH LANGUAGE LEARNERS AND FREE AND REDUCED-PRICE LUNCH STUDENTS) OUTPERFORMED THEIR PEERS IN THE ENTIRE STATE OF MINNESOTA IN ALL GRADE LEVELS AND ALL SUBJECTS.HIAWATHA ACADEMIES IS PROVING THAT CLOSING THE ACHIEVEMENT GAP, A TASK SOME SAY IS IMPOSSIBLE, IS INDEED POSSIBLE. CONTINUED ON SCHEDULE O.THOUGH FROM TRADITIONALLY UNDERSERVED DEMOGRAPHIC GROUPS, 60-70% OF HIAWATHA SCHOLARS CONSISTENTLY SCORE PROFICIENT OR ADVANCED IN MATH COMPARED TO ROUGHLY 50% OF ALL STUDENTS IN THE LOCAL DISTRICT AND 20% OF STUDENTS IN SIMILAR HIGH FRL SCHOOLS. IN READING, ROUGHLY 45% OF HIAWATHA SCHOLARS ARE PROFICIENT OR ADVANCED COMPARED TO 40% OF DISTRICT STUDENTS AND ONLY 15% OF STUDENTS IN SIMILAR HIGH FRL SCHOOLS.DURING THE SCHOOL YEAR ENDING IN 2022, 1,506 STUDENTS WERE SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Reed Chief Operating Officer | Officer | 45 | $126,136 |
Colette Owens Executive Director (thru 7/31/21) | Officer | 45 | $78,034 |
Roberto Lazo Former Board Member/teacher | 40 | $81,474 | |
Scott Kolman-Keen Secretary | OfficerTrustee | 45 | $71,937 |
Lashawn Ray Executive Director | Officer | 45 | $69,898 |
Gerardo Alcazar Board Chair | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Monarch Bus Service Inc Transportation | 6/29/22 | $1,196,156 |
4mativ Technologies Inc Transportation | 6/29/22 | $478,525 |
Ckc Good Food Food Service | 6/29/22 | $847,643 |
Wordplay Speech & Language Service Llc Sped Services | 6/29/22 | $401,441 |
Imagine It Inc It Services And Management | 6/29/22 | $212,807 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $29,639,065 |
| All other contributions, gifts, grants, and similar amounts not included above | $417,751 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,056,816 |
| Total Program Service Revenue | $82,066 |
| Investment income | $748 |
| 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 | $30,139,813 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $436,014 |
| Compensation of current officers, directors, key employees. | $345,416 |
| Compensation to disqualified persons | $67,422 |
| Other salaries and wages | $14,001,729 |
| Pension plan accruals and contributions | $1,283,499 |
| Other employee benefits | $1,758,981 |
| Payroll taxes | $1,138,940 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $62,338 |
| Fees for services: Accounting | $202,690 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,780,887 |
| Advertising and promotion | $0 |
| Office expenses | $447,737 |
| Information technology | $59,276 |
| Royalties | $0 |
| Occupancy | $3,958,118 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,963 |
| Interest | $6,299 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $538,091 |
| Insurance | $148,575 |
| All other expenses | $159,172 |
| Total functional expenses | $30,050,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,891,168 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $28,914 |
| Net Land, buildings, and equipment | $1,481,489 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,516,534 |
| Total assets | $16,918,105 |
| Accounts payable and accrued expenses | $2,058,470 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $23,815,549 |
| Total liabilities | $25,874,019 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$10,437,403 |
| Paid-in or capital surplus, or land, building, or equipment fund | $1,481,489 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $16,918,105 |