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Nonprofit · EIN 27-1268650

NOVATION EDUCATION OPPORTUNITIES

Tax-exempt · EAGAN, MN 55123

Financials

$529K$532K2022$620K$550K2023$578K$622K2024
Revenue Expenses · by fiscal year end
Financials of NOVATION EDUCATION OPPORTUNITIES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$577,631$621,636-$44,005$421,620$55,425$366,195
June 30, 2024990$619,722$549,597$70,125$415,361$5,161$410,200
June 30, 2023990$529,199$532,038-$2,839$378,610$38,535$340,075
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$747
of which government grants
$747
Program service revenue
$576,884
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$121,200
Other salaries and wages
$132,240
Salaries, compensation and benefits (total)
$293,499
Professional fundraising fees
$0
Legal fees
$1,615
Accounting fees
$15,688
Travel
$5,573
Program services (functional)
$531,850
Management and general (functional)
$89,786

Balance sheet and other

Total assets, start of year
$415,361
Total assets, end of year
$421,620
Total liabilities, end of year
$55,425
Net assets, end of year
$366,195
Net assets without donor restrictions
$366,195
Gross receipts
$577,631
Employees
3
Volunteers
0
Year formed
2009
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.

NameTitleHours / weekCompensation
Wendy Swanson-ChoiEx Officio
Trustee or director, Officer
50$116,419
Wafa QureshiTreasurer
Trustee or director, Officer
4$0
Aleem RoshanBoard Chair
Trustee or director, Officer
4$0
Nabeel SyedBoard Member
Trustee or director
2$0
Jawad LodhiBoard Member
Trustee or director
2$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensationOther / benefits
WENDY SWANSON-CHOIEX OFFICIO
Officer
50$112,819$9,096
WAFA QURESHITREASURER
Officer
4$0$0
ALEEM ROSHANBOARD CHAIR
Officer
4$0$0
NABEEL SYEDBOARD MEMBER
Officer
2$0$0
JAWAD LODHIBOARD MEMBER
Officer
2$0$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensation
WENDY J SWANSON-CHOIEX OFFICIO
Officer, Key employee
50$126,000
WAFA QURESHITREASURER
Officer
4$0
ALEEM MAHAMMEDBOARD CHAIR
Officer
4$0
NABEEL SYEDBOARD MEMBER
Officer
2$0
JAWAD LODHIBOARD MEMBER
Officer
2$0
MOHAMMAD AZHER ISLAMBOARD MEMBER
Officer
2$0

Address and contacts

Address (IRS master file)
3432 DENMARK AVE PMB 130, EAGAN, MN 55123-1088
Principal officer (990 for 2024)
Wendy J Swanson-Choi, 3721 South Hills Lane, Eagan, MN 55123
Signed the 990
Wendy J Swanson-Choi, Exuctive Diretor
Phone
(612) 889-2103
Return prepared by
Niemela Tax Services

Mission

NEO is a Minnesota charter school authorizer. It oversees and evaluates charter schools for the purpose of improving student learning.

990 for the year ended June 30, 2025

Program accomplishments

  • NEO oversaw, monitored, and evaluated 29 charter schools to improve the learning, achievement, and success of approximately 10,000 students.
    Expenses $531,850 · revenue $576,884

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
27-1268650
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
2009
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$421,620
Income (IRS master file)
$577,631

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$577,631$621,636$421,620IRS
990June 2024$619,722$549,597$415,361XML
990June 2023$529,199$532,038$378,610XML
990June 2022$522,779$495,090$357,793IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 27-1268650).

Questions about NOVATION EDUCATION OPPORTUNITIES

What is the EIN of NOVATION EDUCATION OPPORTUNITIES?
The employer identification number (EIN) of NOVATION EDUCATION OPPORTUNITIES is 27-1268650.
Is NOVATION EDUCATION OPPORTUNITIES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to NOVATION EDUCATION OPPORTUNITIES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NOVATION EDUCATION OPPORTUNITIES 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 NOVATION EDUCATION OPPORTUNITIES 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 NOVATION EDUCATION OPPORTUNITIES 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 NOVATION EDUCATION OPPORTUNITIES?
The 990 for the year ended June 30, 2025 names Wendy J Swanson-Choi.
Who are the officers and directors of NOVATION EDUCATION OPPORTUNITIES?
The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $116,419 (Wendy Swanson-Choi, Ex Officio).
How much revenue does NOVATION EDUCATION OPPORTUNITIES have?
On its 990 for the year ended June 30, 2025 it reported revenue of $577,631, expenses of $621,636 and total assets of $421,620 at year end.

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