Nonprofit · EIN 85-3071511
NECP ABC
Tax-exempt · MINNEAPOLIS, MN 55413
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $688,489 | $664,738 | $23,751 | $7,995,899 | $8,969,715 | -$973,816 |
| June 30, 2024 | 990 | $675,274 | $685,244 | -$9,970 | $8,173,960 | $9,172,347 | -$998,387 |
| June 30, 2023 | 990 | $694,301 | $894,684 | -$200,383 | $8,215,688 | $9,202,867 | -$987,179 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $644,834
- Investment income
- $43,655
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $8,225
- Accounting fees
- $11,500
- Occupancy
- $52,175
- Depreciation
- $166,806
- Program services (functional)
- $628,850
- Management and general (functional)
- $35,888
Balance sheet and other
- Total assets, start of year
- $8,173,960
- Total assets, end of year
- $7,995,899
- Total liabilities, end of year
- $8,969,715
- Net assets, end of year
- -$973,816
- Land, buildings and equipment
- $6,799,213
- Gross receipts
- $688,489
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2020
- 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 |
|---|---|---|---|
| Kumi Smith | Chair Trustee or director, Officer | 1 | $0 |
| Scott Flemming | Secretary Trustee or director, Officer | 1 | $0 |
| Steve Cunning | Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kumi Smith | Chair Trustee or director, Officer | 1 | $0 |
| Scott Flemming | Secretary Trustee or director, Officer | 1 | $0 |
| Steve Cunning | Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kumi Smith | Chair Trustee or director, Officer | 1 | $0 |
| Scott Flemming | Secretary Trustee or director, Officer | 1 | $0 |
| Steve Cunning | Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 300 INDUSTRIAL BLVD NE, MINNEAPOLIS, MN 55413-4507
- Principal officer (990 for 2024)
- Andrea Halverson, 3525 33rd Ave S, Minneapolis, MN 55413
- Signed the 990
- Andrea Halverson, Executive Director
- Phone
- (877) 829-5500
- Website
- northeastcollegeprep.org
- Return prepared by
- Abdo LLP
Mission
The mission of NECP ABC is to own and steward a facility suitable for NECP to fulfill its vision and mission and to lease the facility to NECP on terms that satisfy the monthly and annual debt obligations incurred to purchase it.
Program accomplishments
- NECP ABC was able to purchase a building located at 300 Industrial Blvd NE in Minneapolis to facilitate the school activities carried out by the related school, NECP. During the current year, the organization worked to lease the building to four nonprofits.Expenses $628,850 · revenue $644,834
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
- 85-3071511
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2021
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $8,173,960
- Income (IRS master file)
- $675,274
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $688,489 | $664,738 | $7,995,899 | XML |
| 990 | June 2024 | $675,274 | $685,244 | $8,173,960 | XML |
| 990 | June 2023 | $694,301 | $894,684 | $8,215,688 | XML |
| 990 | June 2022 | $757,841 | $696,863 | $8,460,082 | 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 85-3071511).
Questions about NECP ABC
- What is the EIN of NECP ABC?
- The employer identification number (EIN) of NECP ABC is 85-3071511.
- Is NECP ABC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to NECP ABC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does NECP ABC 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 NECP ABC 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 NECP ABC 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 NECP ABC?
- The 990 for the year ended June 30, 2025 names Andrea Halverson.
- Who are the officers and directors of NECP ABC?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does NECP ABC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $688,489, expenses of $664,738 and total assets of $7,995,899 at year end.
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