Nonprofit · EIN 26-1120263
PARTNERSHIP ACADEMY ASSOCIATION
Tax-exempt · RICHFIELD, MN 55423
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $983,667 | $1,080,503 | -$96,836 | $12,181,939 | $14,010,805 | -$1,828,866 |
| June 30, 2024 | 990 | $988,130 | $1,002,028 | -$13,898 | $12,400,372 | $14,132,402 | -$1,732,030 |
| June 30, 2023 | 990 | $985,795 | $986,357 | -$562 | $12,589,037 | $14,307,169 | -$1,718,132 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $923,565
- Investment income
- $60,102
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $18,720
- Occupancy
- $9,500
- Depreciation
- $329,334
- Program services (functional)
- $946,174
- Management and general (functional)
- $134,329
Balance sheet and other
- Total assets, start of year
- $12,400,372
- Total assets, end of year
- $12,181,939
- Total liabilities, end of year
- $14,010,805
- Net assets, end of year
- -$1,828,866
- Land, buildings and equipment
- $10,259,955
- Gross receipts
- $983,667
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2007
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Lisa Hendricks | Ex-Officio/Director of Finance Officer | 1 | $0 | $125,626 | $10,992 |
| Robbie Burkhart | Director Trustee or director | 1 | $0 | $0 | $0 |
| Julie Guy | Director/Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Ishana Awad | Director Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LISA HENDRICKS | DIRECTOR OF FINANCE Trustee or director | 1 | $0 | $125,626 | $10,992 |
| JULIE GUY | DIRECTOR/CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| ROBBIE BURKHART | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LISA HENDRICKS | DIRECTOR OF FINANCE Officer | 1 | $0 | $139,587 | $11,815 |
| HOLLY SWANSON STAPEL | CHAIR/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JULIE GUY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BARBARY NOVY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6500 NICOLLET AVE, RICHFIELD, MN 55423-1615
- In care of
- % LISA HENDRICKS
- Mailing address (990-N for 2017)
- 305 E 77th St, Richfield MN 55423
- Principal officer (990 for 2024)
- Lisa Hendricks, 6500 Nicollet Ave S, Richfield, MN 55423
- Principal officer (990-N for 2017)
- Lisa Hendricks, 305 E 77th St, Richfield MN 55423
- Signed the 990
- Lisa Hendricks, Director of Finance
- Phone
- (612) 866-3630
- Return prepared by
- Abdo LLP
Mission
To support the mission and vision of Partnership Academy, Inc. through the ownership of real property.
Program accomplishments
- Construct and lease building to Partnership Academy, Inc.Expenses $946,174 · revenue $923,565
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
- 26-1120263
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $12,181,939
- Income (IRS master file)
- $983,667
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $983,667 | $1,080,503 | $12,181,939 | IRS |
| 990 | June 2024 | $988,130 | $1,002,028 | $12,400,372 | IRS |
| 990 | June 2023 | $985,795 | $986,357 | $12,589,037 | XML |
| 990 | June 2022 | $788,156 | $1,133,082 | $12,534,472 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-N for 2017 Officer: Lisa Hendricks | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
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 26-1120263).
Questions about PARTNERSHIP ACADEMY ASSOCIATION
- What is the EIN of PARTNERSHIP ACADEMY ASSOCIATION?
- The employer identification number (EIN) of PARTNERSHIP ACADEMY ASSOCIATION is 26-1120263.
- Is PARTNERSHIP ACADEMY ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to PARTNERSHIP ACADEMY ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PARTNERSHIP ACADEMY ASSOCIATION 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 PARTNERSHIP ACADEMY ASSOCIATION 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 PARTNERSHIP ACADEMY ASSOCIATION 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 PARTNERSHIP ACADEMY ASSOCIATION?
- The 990 for the year ended June 30, 2025 names Lisa Hendricks.
- Who are the officers and directors of PARTNERSHIP ACADEMY ASSOCIATION?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does PARTNERSHIP ACADEMY ASSOCIATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $983,667, expenses of $1,080,503 and total assets of $12,181,939 at year end.
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