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Friends Of Aspen Academy

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 474706161 ✦ Savage, MN ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Aspen Academy?

Friends of Aspen Academy is a nonprofit organization situated in Savage, Minnesota, specifically at 14825 Zinran Avenue. Their primary objective is to support the mission and vision of Aspen Academy by owning relevant real estate properties. This commitment allows them to contribute significantly to the operations and goals of Aspen Academy. The exact nature and purpose of Aspen Academy aren't specified in the provided information, but Friends of Aspen Academy's role in supporting it is clear.


Official website here: www.aspenacademymn.org/board/friends-of-aspen

Is Friends Of Aspen Academy legitimate?

Friends Of Aspen Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Aspen Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.aspenacademymn.org/board/friends-of-aspen

What is the mission statement of Friends Of Aspen Academy?

The mission of Friends of Aspen Academy is centered around supporting the mission and vision of Aspen Academy. This support is primarily achieved through the ownership of real property. In practice, Friends of Aspen Academy leases facility space for the associated organization, Aspen Academy. This commitment allows Aspen Academy to carry out its mission effectively. The exact nature of the mission and vision of Aspen Academy is not provided in the information, but it can be assumed that Friends of Aspen Academy aligns its actions with these objectives to enhance Aspen Academy's operations.


Official website here: www.aspenacademymn.org/board/friends-of-aspen

Who is the CEO of Friends Of Aspen Academy?

Darby Thomas is the President of Friends Of Aspen Academy.


Official website here: www.aspenacademymn.org/board/friends-of-aspen

What is the revenue of Friends Of Aspen Academy?

Friends Of Aspen Academy's revenue in 2022 was $1,343,792.


Official website here: www.aspenacademymn.org/board/friends-of-aspen

Who are the executives of Friends Of Aspen Academy and what are their salaries?


Here are 3 key members and their salaries:


Rachel Mong (President)
  • Compensation: $0
  • Related: $42,298
  • Other: $3,766
Darby Thomas (Treasurer)
  • Compensation: $0
  • Related: $54,570
  • Other: $4,753
Victoria Regehr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aspenacademymn.org/board/friends-of-aspen

Where can I find the form 990 for Friends Of Aspen Academy?

Friends Of Aspen Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aspenacademymn.org/board/friends-of-aspen

Learn more at the official website: www.aspenacademymn.org/board/friends-of-aspen

Mission Statement of Friends Of Aspen Academy

Friends of Aspen Academy, as an organization, is dedicated to supporting the mission and vision of Aspen Academy. To achieve this goal, Friends of Aspen Academy engages in the ownership of real property. This mission is vital in providing a suitable environment for Aspen Academy to carry out its operations and fulfill its objectives. By leasing facility space for Aspen Academy, Friends of Aspen Academy plays a crucial role in ensuring the success of the related organization. This supportive action is a testament to Friends of Aspen Academy's commitment to contributing to the thriving and growth of Aspen Academy.

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Impact




October, 2024

Friends Of Aspen Academy plays a crucial role in enhancing the educational landscape by providing essential support to Aspen Academy's mission and vision. By owning and leasing facility space, they ensure that the academy has the necessary infrastructure to foster an engaging learning environment for students. This strategic ownership allows Aspen Academy to focus on delivering quality education and enriching student experiences without the burden of managing real estate challenges. Their impact extends to creating a stable, resource-rich atmosphere that promotes academic success and community engagement in Savage, MN.




This information is meant to be a general summary of Friends Of Aspen Academy. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,343,792 (2022)
Expenses
$1,544,403 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $1,343,792
  • Gross Receipts: $1,343,792

Assets and Liabilities:

  • Total Assets: $16,572,549
  • Total Liabilities: $18,567,701
  • Net Assets: -$1,995,152

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$1,343,792

Organization Details

Founding Year

2016

Principal Officer

Darby Thomas

Main Address

14825 ZINRAN AVENUE, SAVAGE, MN, 55378

NTEE Category

Code: B12 - Education

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