Nonprofit · EIN 20-3107105
SEVEN HILLS PREPARATORY ACADEMY
Tax-exempt · RICHFIELD, MN 55423
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $17,715,268 | $18,270,682 | -$555,414 | $6,745,905 | $12,512,093 | -$5,766,188 |
| June 30, 2024 | 990 | $17,831,822 | $17,794,760 | $37,062 | $9,443,577 | $13,556,791 | -$4,113,214 |
| June 30, 2023 | 990 | $16,407,918 | $16,219,727 | $188,191 | $11,016,543 | $14,870,078 | -$3,853,535 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $17,195,988
- of which government grants
- $17,140,965
- Program service revenue
- $189,944
- Investment income
- $774
- Net rental income
- $43,466
- Other revenue
- $328,562
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $385,080
- Other salaries and wages
- $8,585,996
- Salaries, compensation and benefits (total)
- $11,640,952
- Professional fundraising fees
- $0
- Legal fees
- $10,407
- Accounting fees
- $206,332
- Occupancy
- $1,879,684
- Depreciation
- $97,882
- Program services (functional)
- $16,526,818
- Management and general (functional)
- $1,743,864
Balance sheet and other
- Total assets, start of year
- $9,443,577
- Total assets, end of year
- $6,745,905
- Total liabilities, end of year
- $12,512,093
- Net assets, end of year
- -$5,766,188
- Land, buildings and equipment
- $424,837
- Gross receipts
- $17,715,268
- Employees
- 22
- Volunteers
- 78
- Year formed
- 2006
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CAROLYN FARRELL | INTERIM EXECUTIVE DIRECTOR Officer | 40 | $115,685 | $31,088 |
| RYAN GRUTSCH | PRINCIPAL Highest-paid employee | 40 | $100,398 | $36,451 |
| BRENT PETERSON | PRINCIPAL Highest-paid employee | 40 | $111,513 | $11,625 |
| MEGAN DAOUST | DIRECTOR/TEACHER Trustee or director | 41 | $72,909 | $22,708 |
| DANA BANITT | DIRECTOR/TEACHER Trustee or director | 41 | $69,610 | $17,817 |
| CHRISTOPHER LAMPRECHT | DIRECTOR/TEACHER Trustee or director | 41 | $79,461 | $7,652 |
| WES WAHLBERG | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ALLISON PETERSON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| STEPHANIE GRACZAK | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL MEYER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| TERON BUFORD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA BARNIDGE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CINDY MURPHY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW JACKSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ED FELLOWS | EXECUTIVE DIRECTOR (BEG 03/2025) Officer | 40 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CAROLYN FARRELL | INTERIM EXECUTIVE DIRECTOR Officer | 41 | $114,101 | $19,886 |
| BRENT PETERSON | PRINCIPAL Highest-paid employee | 41 | $108,944 | $10,245 |
| ERIN BOHLER | DIRECTOR/TEACHER Trustee or director | 41 | $70,663 | $18,812 |
| CHRISTOPHER LAMPRECHT | DIRECTOR/TEACHER Trustee or director | 41 | $74,983 | $6,791 |
| HADLEY SAYOTOVICH | DIRECTOR/TEACHER Trustee or director | 41 | $59,603 | $12,381 |
| DANA BANITT | DIRECTOR/TEACHER Trustee or director | 41 | $52,775 | $11,987 |
| WES WAHLBERG | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| LISA BARNIDGE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| STEPHANIE GRACZAK | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL MEYER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| TERON BUFORD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALLISON PETERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CAROLYN FARRELL | INTERIM EXECUTIVE DIRECTOR Officer | 41 | $103,946 | $14,008 |
| CHRISTOPHER LAMPRECHT | DIRECTOR/TEACHER Trustee or director | 41 | $70,451 | $6,256 |
| KELLY RYAN | DIRECTOR/TEACHER Trustee or director | 41 | $62,648 | $5,611 |
| HADLEY SAYOTOVICH | DIRECTOR/TEACHER Trustee or director | 41 | $57,742 | $8,878 |
| LISA BARNAGE | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| RENSON ANJERE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| WES WAHLBERG | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL MEYER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MOLLY LEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TERON BUFORD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALLISON PETERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1401 W 76TH ST, RICHFIELD, MN 55423-3846
- In care of
- % CAROLYN FARRELL
- Principal officer (990 for 2024)
- ED FELLOWS, 1401 WEST 76TH STREET, RICHFIELD, MN 55423
- Signed the 990
- ED FELLOWS, EXECUTIVE DIRECTOR
- Phone
- (612) 314-7600
- Return prepared by
- CREATIVE PLANNING TAX LLC
Mission
SEVEN HILLS PREPARATORY ACADEMY (SHPA) ENGAGES STUDENTS IN A RIGOROUS CLASSICAL EDUCATION, DESIGNED TO PREPARE EACH ONE FOR STRONG CITIZENSHIP AND LIFE-LONG LEARNING.
Program accomplishments
- SHPA IS AN AWARD-WINNING K-8 CHARTER PUBLIC SCHOOL WITH CAMPUSES IN BLOOMINGTON AND RICHFIELD. SHPA OFFERS A CLASSICAL EDUCATION MODEL GROUNDED IN THE LIBERAL ARTS AND DESIGNED TO ENGAGE STUDENTS IN A RIGOROUS, CONTENT-RICH CURRICULUM. SEVEN HILLS STUDENTS LEARN RESPONSIBLE STUDY HABITS, CRITICAL THINKING SKILLS, AND ROBUST DEBATE PRACTICES TO PREPARE THEM TO EMBARK ON A JOYFUL PURSUIT OF HARD-EARNED WISDOM. SEVEN HILLS OFFERS A COMPREHENSIVE CHARACTER EDUCATION PROGRAM, PROMOTING VALUES OF RESPECT, COMPASSION, AND SELF-CONTROL AND ASPIRING TOWARD THE CLASSICAL VIRTUES OF TRUTH, BEAUTY, AND GOODNESS. SEVEN HILLS IS COMMITTED TO EDUCATIONAL EQUITY AND BELIEVES IN THE INHERENT VALUE OF AN INCLUSIVE LEARNING ENVIRONMENT WHERE STUDENTS AND STAFF FROM ALL BACKGROUNDS WORK HARD TO PREPARE FOR A DIVERSE AND DEMOCRATIC WORLD IN WHICH THEY MAKE LASTING CONTRIBUTIONS.SHPA SERVED 1,104 STUDENTS DURING THE FISCAL YEAR.Expenses $16,526,818 · revenue $339,158
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-3107105
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $6,745,905
- Income (IRS master file)
- $17,715,268
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $17,715,268 | $18,270,682 | $6,745,905 | IRS |
| 990 | June 2024 | $17,831,822 | $17,794,760 | $9,443,577 | IRS |
| 990 | June 2023 | $16,407,918 | $16,219,727 | $11,016,543 | XML |
| 990 | June 2022 | $15,420,403 | $15,094,152 | $12,008,176 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3107105).
Questions about SEVEN HILLS PREPARATORY ACADEMY
- What is the EIN of SEVEN HILLS PREPARATORY ACADEMY?
- The employer identification number (EIN) of SEVEN HILLS PREPARATORY ACADEMY is 20-3107105.
- Is SEVEN HILLS PREPARATORY ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to SEVEN HILLS PREPARATORY ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SEVEN HILLS PREPARATORY ACADEMY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SEVEN HILLS PREPARATORY ACADEMY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SEVEN HILLS PREPARATORY ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SEVEN HILLS PREPARATORY ACADEMY?
- The 990 for the year ended June 30, 2025 names ED FELLOWS.
- Who are the officers and directors of SEVEN HILLS PREPARATORY ACADEMY?
- The 990 for the year ended June 30, 2025 lists 15 people; 6 received compensation from the organization, the highest $115,685 (CAROLYN FARRELL, INTERIM EXECUTIVE DIRECTOR).
- How much revenue does SEVEN HILLS PREPARATORY ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $17,715,268, expenses of $18,270,682 and total assets of $6,745,905 at year end.
Other nonprofits in RICHFIELD
- PARTNERSHIP ACADEMY INC EIN 01-0701608 · last filed 990 for 2025
- HORIZON SCIENCE ACADEMY TWIN CITIES EIN 82-2453248 · last filed 990 for 2025
- SHPA ABC EIN 30-0961319 · last filed 990 for 2025
- PARTNERSHIP ACADEMY ASSOCIATION EIN 26-1120263 · last filed 990 for 2025
- RICHFIELD SPARTAN FOUNDATION INC EIN 41-1679575 · last filed 990 for 2025
- RICHFIELD DUGOUT CLUB INC EIN 99-1721413 · last filed 990-EZ for 2025
- KORANDA OTOOL PARAMEDICS INCORPORATED EIN 83-3536526 · last filed 990-N for 2025
- THE REPORTERS INC EIN 05-0613976 · last filed 990-EZ for 2024