Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2008.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
90 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
12 people listed on the 990; $747K paid to officers and key staff.
Melissa Storbakken’s $157K as Executive Director is at the 68th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Helen Fisk | — | — | $167,272 | $165,102 | $152,371 | $142,200 |
| Melissa Storbakken | $157,225 | $146,458 | $141,561 | $133,345 | $113,276 | — |
| Rebecca Lee Bauer | $126,729 | $118,547 | — | — | — | — |
| Charise Powell | $109,353 | $112,362 | — | — | — | — |
| Kari Wagner | $110,651 | — | — | — | — | — |
| Susan Eltawely | $82,646 | $81,468 | $76,109 | $75,274 | — | — |
| Kim Fields | $82,161 | $77,713 | $77,052 | $77,977 | $74,399 | — |
| Eric Langsev | — | — | — | $76,124 | $69,121 | $61,872 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Prepares students for success and leadership in challenging high school programs.
Know this organization? Claim it to add your story
Global academy is a nonprofit corporation that was formed and began operating in october 2007, in accordance with minnesota statutes. The school is authorized by the university of ST. Thomas. During fiscal year 2023-2024, the school had approximately 450 students enrolled.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.1M | $1.2M |
| Land, buildings, equipmentLn 10c | $443K | $810K |
| Total assetsLn 16 | $4.5M | $4.5M |
| LiabilitiesLn 26 | $6.4M | $5.4M |
| Net assetsLn 32 | −$1.9M | −$875K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $636K | $453K | $184K | |
| Other salaries and wagesLn 7 | $3.6M | $3.5M | $152K | |
| Pension plan contributionsLn 8 | $285K | $265K | $20K | |
| Other employee benefitsLn 9 | $412K | $367K | $45K | |
| Payroll taxesLn 10 | $292K | $262K | $30K | |
| Legal feesLn 11b | $750 | $750 | ||
| Accounting feesLn 11c | $89K | $89K | ||
| Other fees for servicesLn 11g | $1.5M | $1.4M | $78K | |
| Office expensesLn 13 | $173K | $128K | $44K | |
| Information technologyLn 14 | $382K | $195K | $188K | |
| OccupancyLn 16 | $846K | $846K | ||
| Conferences, conventions and meetingsLn 19 | $50K | $44K | $6K | |
| InterestLn 20 | $11K | $11K | ||
| Depreciation, depletion and amortizationLn 22 | $180K | $172K | $7K | |
| Other expenses (24a–d)Ln 24 | $450K | $400K | $49K | |
| All other expensesLn 24e | $24K | $24K | ||
| Total functional expensesLn 25 | $8.9M | $8.1M | $892K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Viewing | $9.4M | $8.9M | $487K | −$875K | 990 PDF |
| FY2023 | $8.5M | $8.6M | −$107K | −$1.9M | 990 PDF |
| FY2022 | $9.5M | $8.8M | $641K | −$2.6M | 990 PDF |
| FY2021 | $7.8M | $7.4M | $342K | −$3.4M | 990 PDF |
| FY2020 | $7.5M | $7.4M | $85K | −$3.5M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (5 parts)
Part I · Summary $9,435,893 revenue, 12 lines filed
Part VIII · Statement of revenue $9,435,893 across 8 lines filed
Part IX · Statement of functional expenses $8,949,182 across 16 lines filed
Part X · Balance sheet $4,501,357 assets, 11 lines filed
Part XI · Reconciliation of net assets −$874,859 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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