Academia Cesar Chavez

Saint Paul, MN · Public charity (501(c)(3)) · Since 2000 · Education

✓ Tax-deductible
Revenue
$11.6M
+27% vs prior year
Spent
$13.5M
To programs
90%
Net assets
−$241K
By yearFY2020–FY2024
Revenue
$11.6M
FY2024▲ +27%
Revenue by fiscal year
FY2020$8.9M
FY2021$8.8M
FY2022$9.5M
FY2023$9.3M
FY2024$9.2M
FY2024$11.6M
Expenses
$13.5M
FY2024▲ +46%
Expenses by fiscal year
FY2020$8.5M
FY2021$8.0M
FY2022$8.1M
FY2023$9.3M
FY2024$9.3M
FY2024$13.5M
Net assets
−$241K
FY2024▼ -113%
Net assets by fiscal year
FY2020−$232K
FY2021$167K
FY2022$1.8M
FY2023$2.2M
FY2024$1.8M
FY2024−$241K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CAcademia Cesar Chavez
EINHdr · item D41-1972242
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMay 2001
Year of formationHdr · item L2000
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CSaint Paul, MN
NTEE classificationIRS BMFEducation (B290)
WebsiteHdr · item Jwww.academiaslapaz-k12.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.10
Program services90%$12.1M
Management & general10%$1.3M
Total functional expensesLn 25$13.5M

Financial health

Is it on solid ground?

Program efficiency
90%
of spending reaches programs>-0.01% vs prior filing year
Operating runway
2.1mo
months of highly liquid reserves at operating expense rate▼ -54% vs prior filing year
Surplus margin
-16%
revenue over expenses, this year▼ -1384% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$7.2M
FY2024▼ -8%
Total assets by fiscal year
FY2020$8.3M
FY2021$7.9M
FY2022$8.6M
FY2023$7.9M
FY2024$7.9M
FY2024$7.2M
Total liabilities
$7.5M
FY2024▲ +24%
Total liabilities by fiscal year
FY2020$8.6M
FY2021$7.8M
FY2022$6.8M
FY2023$5.7M
FY2024$6.0M
FY2024$7.5M
Revenue less expensesPt I · Ln 19−$1.9M
Total assetsPt X · Ln 16$7.2M
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46

Balance Sheet

Part X · end of year
CashLn 1$2.4M
Total assetsLn 16$7.2M
Total liabilitiesLn 26$7.5M
Total net assetsLn 32−$241K
Months of cash on handcomputed2.1

Statement of Revenue

Part VIII
Contributions & grants$11.0M · 95%
Program service revenue$613K · 5%
Contributions & grants95%$11.0M
Program service revenue5%$613K
— government grantsLn 1e$7.4M
Total revenueLn 12$11.6M

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.4M · Operating expenses/yr $13.5M
2.1 months
Where the money goes
Program services
Program services $12.1M · Total expenses $13.5M
90%
Management & General
Management & general $1.3M · Total expenses $13.5M
10%
Fundraising
Fundraising $0 · Total expenses $13.5M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $2.1M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $11.0M · Total revenue $11.6M
95%
Government reliance
Government grants $7.4M · Total revenue $11.6M
64%
Earned-income share
Program service revenue $613K · Total revenue $11.6M
5%
Investment reliance
Investment income −$34K · Total revenue $11.6M
-0.3%
Program self-sufficiency
Program service revenue $613K · Total expenses $13.5M
5%
Growth & trend
Revenue growth (YoY)
This year $11.6M · Prior year $9.2M
+27%
Revenue CAGR
FY2019 $8.9M · FY2024 $11.6M
+5%
Net-asset trend (YoY)
End of year −$241K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $11.6M · Expenses $13.5M
-16%
Liabilities-to-Assets
Total liabilities — · Total assets $7.2M
—
Net-asset ratio
Net assets −$241K · Total assets $7.2M
-3%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $7.2M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Norma Graces · Reported title SUPERINTENDENT · Highest reported compensation $141K · Total expenses $13.5M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $8.1M · Total expenses $13.5M
60%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 90%——
Overhead ratio 10%——
Revenue growth 27%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Superintendent
$140,899Pt VII · Sec A
Teacher Member
$64,999Pt VII · Sec A
Teacher Member
$27,933Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Parent Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Community Member
$0Pt VII · Sec A

Norma Graces’s $141K as Superintendent is at the 12th percentile of top reported officer pay among 3683 $10–100M 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

NameFY2024FY2024FY2023FY2022FY2021FY2020
Norma Graces$140,899—————
Bondo Nyembwe—————$133,209
Norma Garces—$131,691—$62,263——
Norma Garces——$129,313———
Bondo Nyembwe Thru 62020————$74,395—
Elizabeth Rodriguez———$69,584$68,270—
Diana Lopez-Diaz———$68,194——
Yazmin Munoz-Vallez$64,999—————

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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Governance & Policies

Part VI
  • 7Voting board membersPt VI · Ln 1a
  • 6Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Operates a dual-language charter school emphasizing reading, literacy, and high academic and social expectations for all students.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $12.1M of program spending, described in the organization's own filed words · FY2024.
01

Academias la paz is a community-based dual-language charter school that emphasizes reading and literacy and maintains high expectations for students' academic and social growth. The school is tailored to the individual needs of children, readily accessible to families, culturally relevant, and equipped with the curriculum and…

$12.1Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$3K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $9.2M$9.3M-2% 990 PDF
FY2023 $9.3M$9.3M-2% 990 PDF
FY2022 $9.5M$8.1M+8% 990 PDF
FY2021 $8.8M$8.0M-1% 990 PDF
FY2020 $8.9M$8.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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