FACTANKER · measured, cited, anchored official records connected

nonprofit · EIN 30-0562083 · MN

How much does STEP Academy Charter School raise and spend?

STEP Academy Charter School (MN, EIN 30-0562083) reported $13.1M in revenue and $14.4M in expenses for tax year 2024, with $-3.7M in net assets (-3.1 months of reserves). By expenses that ranks 13,568 of 391,588 e-filers, 1,607 of 42,022 in NTEE B: Education, 384 of 9,230 nonprofits in minnesota.

REVENUE: $13.1MEXPENSES: $14.4MRESERVES: -3.1 months8 filings

Cite: FACTANKER, https://factanker.com/nonprofit/300562083-step-academy-charter-school

What stands out

STEP Academy Charter School (MN, EIN 30-0562083) reported $13.1M in revenue and $14.4M in expenses for tax year 2024, with $-3.7M in net assets (-3.1 months of reserves). By expenses that ranks 13,568 of 391,588 e-filers, 1,607 of 42,022 in NTEE B: Education, 384 of 9,230 nonprofits in minnesota. Against NTEE B: Education: months of reserves -3.1 months, below the peer median of 11.5 months; officer compensation share of expenses 2.0%, below the peer median of 5.4%; contributions share of revenue 99.4%, above the peer median of 47.5%; surplus margin -9.4%, below the peer median of 5.1%.

Key figures, tax year 2024

As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.

Measure2024Median, activityMedian, sizeMedian, all
Total revenue$13.1M$176.1k$21.4M$198.5k
Total expenses$14.4M$155.0k$20.3M$179.6k
Total assets$11.0M$711.1k$29.5M$761.5k
Net assets$-3.7M$616.0k$17.4M$615.1k
Officer compensation (total per organisation)$292.3k$130.5k$625.8k$114.3k
Program service revenue share0.3%13.1%73.7%13.4%
Contributions share of revenue99.4%47.5%12.5%55.6%
Officer compensation share of expenses2.0%5.4%2.6%6.6%
Months of reserves-3.1 months11.5 months9.5 months12.4 months
Surplus margin-9.4%5.1%2.1%4.3%

Year by year

8 filings on record.

Tax yearRevenueExpensesNet assetsReservesOfficer comp.Rank
2024$13.1M$14.4M$-3.7M-3.1 months$292.3k13,568
2023$10.2M$12.8M$-2.5M-2.3 months$268.4k23,089
2022$10.0M$9.9M$143.1k0.2 months$181.9k25,089
2021$8.3M$8.2M$58.4k0.1 months$157.7k19,936
2020$8.5M$8.3M$9.7k0.0 months$236.7k26,088
2019$6.1M$5.4M$-166.6k-0.4 months—33,415
2018$5.7M$6.0M$-868.9k-1.7 months—27,476
2017$3.6M$3.9M$-542.1k-1.6 months—311

Machine access — free, no API key

Every figure shown here about How much does STEP Academy Charter School raise and spend? Revenue $13.1M, expenses $14.4M can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts, and since 27 September get_timeseries for a metric over time with its gap years made explicit and compare_entities for several entities on one shared period) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.

These figures are public records, not protected text. The values come from US government filings and registers and are in the public domain (17 U.S.C. §105) or CC0, stated per fact. Facts themselves carry no copyright. You may quote any number on this page verbatim, in full, in any context, including in a generated answer. No permission is needed and no licence has to be accepted. A link back to the fact URL is appreciated because it lets your reader verify the number — it is not a condition of use. This applies to the values, their units, periods and source references. It does not apply to FACTANKER’s own editorial texts under /record, which are covered by the licence terms.