Nonprofit · EIN 61-1677994
VENTURE ACADEMIES
Tax-exempt · MINNEAPOLIS, MN 55414
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $8,630,484 | $9,228,291 | -$597,807 | $3,287,643 | $5,865,719 | -$2,578,076 |
| June 30, 2024 | 990 | $9,198,068 | $9,616,227 | -$418,159 | $4,715,829 | $6,543,203 | -$1,827,374 |
| June 30, 2023 | 990 | $8,687,127 | $8,824,500 | -$137,373 | $5,538,906 | $6,948,121 | -$1,409,215 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,484,647
- of which government grants
- $8,482,668
- Program service revenue
- $145,495
- Investment income
- $342
- Net gain from sales of assets
- $342
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $4,067,868
- Salaries, compensation and benefits (total)
- $5,566,641
- Professional fundraising fees
- $0
- Legal fees
- $5,619
- Accounting fees
- $102,830
- Occupancy
- $898,325
- Travel
- $1,243,089
- Depreciation
- $294,553
- Program services (functional)
- $7,283,586
- Management and general (functional)
- $1,944,705
Balance sheet and other
- Total assets, start of year
- $4,715,829
- Total assets, end of year
- $3,287,643
- Total liabilities, end of year
- $5,865,719
- Net assets, end of year
- -$2,578,076
- Land, buildings and equipment
- $308,712
- Gross receipts
- $8,630,484
- Employees
- 104
- Volunteers
- 10
- Year formed
- 2012
- 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 |
|---|---|---|---|
| ANDREW LAWTON | VICE-CHAIR/ACTING CHAIRPER Trustee or director, Officer | 40 | $72,443 |
| DIOR FORD | DIRECTOR Trustee or director | 40 | $62,026 |
| JESUS CASTILLO PALACIOS | TREASURER Trustee or director, Officer | 1 | $0 |
| JEFF ROBBINS | DIRECTOR Trustee or director | 1 | $0 |
| BRAD WRIGHT | DIRECTOR Trustee or director | 1 | $0 |
| FADUA PASTRANO | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW LAWTON | VICE-CHAIR/ACTING CHAIRPERSON Trustee or director, Officer | 40 | $69,032 |
| JESUS CASTILLO PALACIOS | TREASURER Trustee or director, Officer | 1 | $0 |
| KATIA COLON-HOLMERS | SECRETARY Trustee or director, Officer | 1 | $0 |
| JEFF ROBBINS | DIRECTOR Trustee or director | 1 | $0 |
| BG TUCKER | DIRECTOR Trustee or director | 1 | $0 |
| ROXANN ANOKA | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDREW LAWTON | VICE-CHAIRPERSON Trustee or director, Officer | 40 | $68,118 | $14,234 |
| KRISTEN ROBINSON | DIRECTOR Trustee or director | 40 | $66,108 | $8,193 |
| CHARLES ELLSWORTH | TREASURER Trustee or director, Officer | 40 | $68,565 | $5,219 |
| BETH HAWKINS | CHAIRPERSON Trustee or director, Officer | 5 | $0 | $0 |
| KATIE COLON-HOLMERS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JEFF ROBBINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BG TUCKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROXANN ANOKA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARISSA BIRKLAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 315 27TH AVE SE, MINNEAPOLIS, MN 55414-3234
- In care of
- % JOHNATHAN BACAL
- Principal officer (990 for 2024)
- TRAVIS HEIDELBERG, 315 27TH AVE SE, MINNEAPOLIS, MN 55414
- Signed the 990
- TRAVIS HEIDELBERG, CEO / HEAD OF SCHOOL
- Phone
- (612) 345-9040
- Website
- WWW.VENTUREACADEMIES.ORG
- Return prepared by
- SCHLENNER WENNER & CO CPA'S PA
Mission
OUR MISSIONVENTURE ACADEMY GRADUATES OVERCOME WHATEVER BARRIERS THEY MAY FACE TO BECOME SUCCESSFUL AND HAPPY ADULTS IN THEIR CHOSEN PATH. WE ARE COMMITTED TO REMOVING OBSTACLES, BUILDING STRONG RELATIONSHIPS, AND ENSURING EVERY STUDENT HAS THE SUPPORT THEY NEED TO THRIVE DURING AND BEYOND HIGH SCHOOL.OUR VISIONWE MEET STUDENTS WHERE THEY ARE TO PROVIDE A FUTURE-FOCUSED EDUCATION THAT GIVES EACH STUDENT A PERSONALIZED PATHWAY TOWARD SUCCESS AFTER GRADUATION. THROUGH INDIVIDUALIZED LEARNING, STRONG COMMUNITY PARTNERSHIPS, AND A COMMITMENT TO SAFETY AND DIGNITY, VENTURE ACADEMY PREPARES STUDENTS FOR COLLEGE, CAREER, AND LIFE.
Program accomplishments
- THE SCHOOL EDUCATED STUDENTS WITH A COMBINED PURPOSE OF GROWING THE ENTREPRENEURIAL SPIRIT WHILE ASPIRING TO REACH INDIVIDUAL GOALS AND STATE EDUCATIONAL STANDARDS.Expenses $7,283,586 · revenue $145,495
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
- 61-1677994
- 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
- 2013
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $3,287,643
- Income (IRS master file)
- $8,630,484
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $8,630,484 | $9,228,291 | $3,287,643 | XML |
| 990 | June 2024 | $9,198,068 | $9,616,227 | $4,715,829 | XML |
| 990 | June 2023 | $8,687,127 | $8,824,500 | $5,538,906 | XML |
| 990 | June 2022 | $8,701,021 | $7,814,811 | $5,505,503 | 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 61-1677994).
Questions about VENTURE ACADEMIES
- What is the EIN of VENTURE ACADEMIES?
- The employer identification number (EIN) of VENTURE ACADEMIES is 61-1677994.
- Is VENTURE ACADEMIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to VENTURE ACADEMIES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VENTURE ACADEMIES 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 VENTURE ACADEMIES 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 VENTURE ACADEMIES 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 VENTURE ACADEMIES?
- The 990 for the year ended June 30, 2025 names TRAVIS HEIDELBERG.
- Who are the officers and directors of VENTURE ACADEMIES?
- The 990 for the year ended June 30, 2025 lists 6 people; 2 received compensation from the organization, the highest $72,443 (ANDREW LAWTON, VICE-CHAIR/ACTING CHAIRPER).
- How much revenue does VENTURE ACADEMIES have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $8,630,484, expenses of $9,228,291 and total assets of $3,287,643 at year end.
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