Athlos Leadership Academy
- Assets
- $8.3m
- Revenue
- $14.4m
- Investments
- $0.0
- Employees
- 148
- Location
- Brooklyn Park, MN
- Founding
- 10/2002
- Data as of
- 06/2022
- EIN
- 41-1822009
Organization Overview
Athlos Leadership Academy is located in Brooklyn Park, MN. The organization was established in 2002. 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, Athlos Leadership Academy employed 148 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Athlos Leadership 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, Athlos Leadership Academy generated $14.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $13.4m during the year ending 06/2022. While expenses have increased by 2.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
ATHLOS LEADERSHIP ACADEMY (ALA) IS A PREK THROUGH 8TH GRADE CHARTER SCHOOL LOCATED IN BROOKLYN PARK, MINNESOTA. THE SCHOOL SERVES APPROXIMATELY 887 STUDENTS. ATHLOS IS A UNIQUE PUBLIC SCHOOL MODEL THAT PREPARES KIDS FOR A COMPETITIVE FUTURE IN THREE ESSENTIAL WAYS: ACADEMICS + ATHLETICS + CHARACTER. ALA PROVIDES A SCHOOL CLIMATE WHERE BOTH ACADEMIC ACHIEVEMENT AND A CARING COMMUNITY ARE VALUED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Geraghty Principal | Officer | 40 | $206,252 |
Kit Murley-Henspeter Former Member/teacher | 40 | $84,272 | |
Caroline Walker Secretary | OfficerTrustee | 41 | $46,239 |
Ryan Nelson Member/teacher | Trustee | 41 | $37,057 |
Kathryn Phelps Former Member/teacher | 40 | $30,974 | |
Ann Degroot Board Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Athlos Leadership Of Minnesota Llc Charter Management Organization | 6/29/22 | $749,597 |
Metropolitan Transportation Network Bus Service | 6/29/22 | $1,759,431 |
Trio Community Meals Llc Food Service | 6/29/22 | $370,932 |
Creatively Focused Student Support Services | 6/29/22 | $173,989 |
Family Achievement Center Inc Student Support Services | 6/29/22 | $138,982 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,161,243 |
| All other contributions, gifts, grants, and similar amounts not included above | $55 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,161,298 |
| Total Program Service Revenue | $186,170 |
| Investment income | $282 |
| 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 | $4,984 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,353,758 |
| 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. | $375,131 |
| Compensation of current officers, directors, key employees. | $240,932 |
| Compensation to disqualified persons | $99,384 |
| Other salaries and wages | $5,015,753 |
| Pension plan accruals and contributions | $403,130 |
| Other employee benefits | $367,628 |
| Payroll taxes | $392,754 |
| Fees for services: Management | $20,056 |
| Fees for services: Legal | $518 |
| Fees for services: Accounting | $880,497 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $455,931 |
| Advertising and promotion | $0 |
| Office expenses | $156,036 |
| Information technology | $338,617 |
| Royalties | $0 |
| Occupancy | $2,049,084 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,884 |
| Interest | $6,396 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $172,498 |
| Insurance | $54,375 |
| All other expenses | $74,960 |
| Total functional expenses | $13,400,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,000 |
| Savings and temporary cash investments | $2,756,586 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,538,442 |
| 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 | $116,444 |
| Net Land, buildings, and equipment | $1,450,773 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,397,881 |
| Total assets | $8,310,126 |
| Accounts payable and accrued expenses | $695,275 |
| Grants payable | $0 |
| Deferred revenue | $7,231 |
| 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 | $97,940 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,569,991 |
| Total liabilities | $10,370,437 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$3,413,145 |
| Paid-in or capital surplus, or land, building, or equipment fund | $1,352,834 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,310,126 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Athlos Leadership Academy has recieved totaling $5,187.
| Awarding Organization | Amount |
|---|---|
Think Small Saint Paul, MN PURPOSE: Scholarship | $5,187 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hmong Academy St Paul, MN | $37,890,238 | $35,478,590 |
Carmen High School Of Science And Technology Inc Milwaukee, WI | $26,487,634 | $24,006,774 |
Lionsgate Academy Minnetonka, MN | $8,728,304 | $20,147,818 |
Seeds Of Health Milwaukee, WI | $21,433,274 | $18,248,715 |
Twin Cities International Schools Minneapolis, MN | $10,477,770 | $17,272,708 |
Eagle Ridge Academy Minnetonka, MN | $14,507,492 | $16,854,949 |
Lakes International Language Academy Forest Lake, MN | $12,188,611 | $15,744,589 |
Parnassus Preparatory School Maple Grove, MN | $11,987,253 | $16,239,729 |
Hmong American Peace Academy Ltd Milwaukee, WI | $62,055,663 | $22,180,285 |
Seven Hills Preparatory Academy Bloomington, MN | $12,008,176 | $15,420,403 |
St Croix Preparatory Academy Stillwater, MN | $15,400,325 | $14,730,120 |
Athlos Leadership Academy Brooklyn Park, MN | $8,310,126 | $14,353,758 |