Nonprofit · EIN 42-1625836
NEW MILLENNIUM ACADEMY
Tax-exempt · BROOKLYN CTR, MN 55429
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $15,636,746 | $14,136,535 | $1,500,211 | $11,131,700 | $8,308,398 | $2,823,302 |
| June 30, 2024 | 990 | $15,459,228 | $14,095,265 | $1,363,963 | $10,526,740 | $9,272,045 | $1,254,695 |
| June 30, 2023 | 990 | $14,094,949 | $14,130,041 | -$35,092 | $10,768,345 | $10,629,432 | $138,913 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $15,052,524
- of which government grants
- $15,047,734
- Program service revenue
- $26,234
- Investment income
- $175,323
- Net gain from sales of assets
- $674
- Net income from sales of inventory
- $2,490
- Other revenue
- $382,665
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $353,330
- Other salaries and wages
- $5,883,193
- Salaries, compensation and benefits (total)
- $7,869,295
- Professional fundraising fees
- $0
- Legal fees
- $22,199
- Accounting fees
- $160,535
- Occupancy
- $1,433,325
- Depreciation
- $267,175
- Program services (functional)
- $12,678,251
- Management and general (functional)
- $1,458,284
Balance sheet and other
- Total assets, start of year
- $10,526,740
- Total assets, end of year
- $11,131,700
- Total liabilities, end of year
- $8,308,398
- Net assets, end of year
- $2,823,302
- Land, buildings and equipment
- $1,138,380
- Gross receipts
- $15,649,995
- Employees
- 165
- Volunteers
- 50
- Year formed
- 2004
- 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 |
|---|---|---|---|---|
| THOMAS THAO | EXECUTIVE DIRECTOR Officer | 40 | $171,007 | $22,648 |
| KAREN KERR | DIRECTOR OF SPECIAL EDUCATION Highest-paid employee | 40 | $113,472 | $17,925 |
| CHRISTINE REED | VICE PRESIDENT OF OPERATIONS Highest-paid employee | 40 | $109,435 | $20,280 |
| MARK CAMPBELL | TREASURER/TEACHER Trustee or director, Officer | 41 | $60,730 | $29,078 |
| CHEE XIONG | MEMBER/TEACHER Trustee or director | 41 | $57,093 | $13,130 |
| LAURA LEE MCGOVERN | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| SABRINA EDWARDS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PA YANG | MEMBER Trustee or director | 1 | $0 | $0 |
| MAY LEE | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THOMAS THAO | EXECUTIVE DIRECTOR Officer | 40 | $157,671 | $20,756 |
| HLI XYOOJ | VP OF PROGRAMS AND SERVICES Highest-paid employee | 40 | $114,215 | $25,315 |
| KAREN KERR | DIRECTOR OF SPECIAL EDUCATION Highest-paid employee | 40 | $111,689 | $16,632 |
| MARK CAMPBELL | TREASURER/TEACHER Trustee or director, Officer | 41 | $61,112 | $26,818 |
| CHEE XIONG | MEMBER/TEACHER Trustee or director | 41 | $62,469 | $12,887 |
| LAURA LEE MCGOVERN | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| SABRINA EDWARDS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| HLI VANG | MEMBER Trustee or director | 1 | $0 | $0 |
| MAY LEE | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEVIN XIONG | EXECUTIVE DIRECTOR (END APRIL 2023) Officer | 44 | $161,600 | $23,325 |
| THOMAS THAO | PRINCIPAL Highest-paid employee | 44 | $117,880 | $15,666 |
| MAI KA YANG | OPERATIONS DIR/CO-INT EXEC DIR(BEG MAR 2023) Officer | 44 | $106,000 | $16,370 |
| HLI XYOOJ | CO-INTERIM EXECUTIVE DIR (BEG MAR 2023) Officer | 44 | $90,853 | $15,500 |
| JANIE YANG | SECRETARY/TEACHER Trustee or director, Officer | 44 | $68,001 | $13,205 |
| ROSIE CHANG | MEMBER/TEACHER Trustee or director | 44 | $53,111 | $4,483 |
| HLIS NELSON | MEMBER Trustee or director | 4 | $0 | $0 |
| AMY SCHWARTZ | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| CHONBURI LEE | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| KER VANG | MEMBER Trustee or director | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5105 BROOKLYN BLVD, BROOKLYN CTR, MN 55429-3404
- In care of
- % YEE YANG
- Principal officer (990 for 2024)
- THOMAS THAO, 5105 BROOKLYN BLVD, BROOKLYN CENTER, MN 55429
- Signed the 990
- THOMAS THAO, EXECUTIVE DIRECTOR
- Phone
- (763) 235-7900
- Website
- WWW.NEWMILLENIUMACADEMY.ORG
- Return prepared by
- CREATIVE PLANNING TAX LLC
Mission
THE NEW MILLENNIUM ACADEMY (NMA) COMMUNITY PREPARES LEARNERS FOR LIFE, ENGAGES THEM IN HIGH ACADEMIC ACHIEVEMENT, AND FOSTERS HMONG CULTURAL PRIDE AND IDENTITY.
Program accomplishments
- NEW MILLENNIUM ACADEMY (NMA) PROVIDED PUBLIC SCHOOL ACADEMIC SERVICES TO AN AVERAGE OF 849 STUDENTS IN GRADES K-8 DURING THE 2024-2025 SCHOOL YEAR. 74% OF THESE STUDENTS CAME FROM LOW INCOME FAMILIES (QUALIFIED FOR FREE/REDUCED LUNCH). IN ADDITION, MANY QUALIFIED FOR EL SERVICES. THESE FACTORS GENERATE EXTRA FUNDING FROM THE STATE BUT ALSO GENERATE VARIOUS CHALLENGES.Expenses $12,678,251 · revenue $406,409
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
- 42-1625836
- 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
- 2005
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $11,131,700
- Income (IRS master file)
- $15,649,995
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $15,636,746 | $14,136,535 | $11,131,700 | IRS |
| 990 | June 2024 | $15,459,228 | $14,095,265 | $10,526,740 | IRS |
| 990 | June 2023 | $14,094,949 | $14,130,041 | $10,768,345 | XML |
| 990 | June 2022 | $14,190,850 | $14,717,633 | $10,314,612 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 42-1625836).
Questions about NEW MILLENNIUM ACADEMY
- What is the EIN of NEW MILLENNIUM ACADEMY?
- The employer identification number (EIN) of NEW MILLENNIUM ACADEMY is 42-1625836.
- Is NEW MILLENNIUM ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to NEW MILLENNIUM ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW MILLENNIUM 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 NEW MILLENNIUM 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 NEW MILLENNIUM 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 NEW MILLENNIUM ACADEMY?
- The 990 for the year ended June 30, 2025 names THOMAS THAO.
- Who are the officers and directors of NEW MILLENNIUM ACADEMY?
- The 990 for the year ended June 30, 2025 lists 9 people; 5 received compensation from the organization, the highest $171,007 (THOMAS THAO, EXECUTIVE DIRECTOR).
- How much revenue does NEW MILLENNIUM ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $15,636,746, expenses of $14,136,535 and total assets of $11,131,700 at year end.
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