BEducationEIN: 010701608· Ruling Year: 2004

Partnership Academy Inc

Richfield, Minnesota

B-Health Score
48B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.17×
Peer Median9.48×
💰
$11.1M
Total Revenue
📊
$11.4M
Total Expenses
🏦
-$1.9M
Net Assets
📋
$10.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.5%
Year-over-year change (2022 → 2023)
Net Margin
-2.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.17
Net assets divided by total expenses
Liabilities-to-Assets
122.9%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$11,125,3531%$11,405,4524%$8,448,40414%
2022$11,186,53622%$10,993,64126%$7,413,3838%
2021$9,146,31018%$8,757,6914%$6,883,81536%
2020$7,746,72826%$8,388,04057%$5,069,66212%
2019$6,161,3035%$5,357,88621%$5,733,19615%
2018$5,850,2351%$6,773,2852%$6,715,2353%
2017$5,917,79414%$6,928,61940%$6,947,458287%
2016$5,212,6987%$4,954,5433%$1,794,02726%
2015$4,893,31325%$4,823,32323%$1,423,41851%
2013$3,909,37412%$3,916,28714%$939,69534%
2012$3,478,9235%$3,434,3911%$1,430,40324%
2011$3,324,599$3,391,507$1,155,777

Frequently Asked Questions

What does Partnership Academy Inc do?

Partnership Academy Inc is a education nonprofit organization based in Minnesota. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Partnership Academy Inc financially healthy?

Based on our 9-metric Financial Health Score model, Partnership Academy Inc has a score of 48/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Partnership Academy Inc generate?

Partnership Academy Inc reports $12.1M in annual revenue and holds $7.0M in total assets, based on IRS filings.

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