HCPA is a charter school based in St Paul, MN that was founded in 2003. As of 2019 they had $30 million in revenue and $37 million in assets.
Hmong College Prep Academy's mission is to provide the best integrated, challenging, and well-rounded educational experience to students in grades K-12.
Previous legal names or variations of their name include: Hmong Academy.
EIN:
65-1180277
City:
State:
Metro:
Website:
Phone:
651-209-8002
Founded:
2003
Type:
501(c)(3)
NTEE:
Revenue:
$30,830,532
Assets:
$37,774,692
Employees:
309
Fiscal year end:
June
Program areas at HCPA
Hmong College Prep Academy (hcpa) is a k-12 school district with small class sizes and an individualized program for each student. Hcpa plans to offer an extended school year with core curriculum enriched with Hmong culture and language to strengthen student achievement. Instructional focus: high academic standards aligned with Minnesota state standards, College preparatory curriculum, small learning communities, individualized, project-based learning, cultural congruence and integration, Hmong language/culture and music, strong community-school partnerships, community service leadership opportunities with community involvement. Average enrollment for the 2018-2019 year was 2,182.
Form 990s for HCPA
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2019-06 | Oct 6, 2020 | 990 | View PDF |
| 2018-06 | May 14, 2019 | 990 | View PDF |
| 2017-06 | Apr 10, 2018 | 990 | View PDF |
| 2016-06 | Sep 7, 2017 | 990 | View PDF |
| 2015-06 | Jul 28, 2016 | 990 | View PDF |
| ...and five more Form 990 PDFs |
Financials for HCPA
| Field | 2019 | 2018 | % Change |
|---|
| Federated campaigns | $0 | $0 | |
| Membership dues | $0 | $0 | |
| Fundraising event contributions | $0 | $0 | |
| Related organizations | $0 | $0 | |
| Government grants (contributions) | $30,492,423 | $26,756,433 | 14.0% |
| Normal grants, contributions, etc. | $18,356 | $33,427 | -45.1% |
| <em>Non-cash contributions included in above</em> | $0 | $1,500 | -100% |
| Total grants, contributions, etc. | $30,510,779 | $26,789,860 | 13.9% |
| Field | 2019 | 2018 | % Change |
|---|
| Total grants, contributions, etc. | $30,510,779 | $26,789,860 | 13.9% |
| Program services | $126,119 | $130,188 | -3.1% |
| Investment income and dividends | $95,928 | $11,766 | 715.3% |
| Tax-exempt bond proceeds | $0 | $0 | |
| Royalty revenue | $0 | $0 | |
| Net rental income | $32,218 | $38,829 | -17.0% |
| Net gain from sale of non-inventory assets | $0 | $0 | |
| Net income from fundraising events | $20,390 | $11,558 | 76.4% |
| Net income from gaming activities | $0 | $0 | |
| Net income from sales of inventory | $-25,535 | $5,316 | -580.3% |
| Miscellaneous revenues | $70,633 | $165,671 | -57.4% |
| Total revenues | $30,830,532 | $27,153,188 | 13.5% |
| Field | 2019 | 2018 | % Change |
|---|
| Grants to govts. and orgs. in USA | $0 | $0 | |
| Grants to individuals in USA | $1,500 | $0 | 999% |
| Grants to govts., orgs., and individuals outside USA | $0 | $0 | |
| Benefits paid to or for members | $0 | $0 | |
| Compensation of current officers, etc. | $653,252 | $363,205 | 79.9% |
| Compensation not included above, to disqualified persons | $0 | $3,361 | -100% |
| Non-officer salaries and wages | $10,688,411 | $9,941,609 | 7.5% |
| Pension/retirement accruals and contributions | $847,467 | $4,861,380 | -82.6% |
| Other employee benefits | $591,782 | $519,067 | 14.0% |
| Payroll taxes | $865,988 | $810,128 | 6.9% |
| Management fees | $0 | $0 | |
| Legal fees | $10,951 | $13,456 | -18.6% |
| Accounting fees | $167,285 | $153,470 | 9.0% |
| Lobbying fees | $0 | $0 | |
| Pro. fundraising fees | $0 | $0 | |
| Investment mgmt fees | $0 | $0 | |
| Other fee-for-service | $1,080,981 | $870,491 | 24.2% |
| Advertising and promotion | $138,725 | $187,590 | -26.0% |
| Office expenses | $949,234 | $869,293 | 9.2% |
| Information tech. expenses | $646,807 | $627,289 | 3.1% |
| Royalty expenses | $0 | $0 | |
| Occupancy | $4,712,143 | $4,376,538 | 7.7% |
| Travel | $0 | $0 | |
| Public official travel and entertainment | $0 | $0 | |
| Conferences, meetings, etc. | $47,626 | $100,667 | -52.7% |
| Interest | $24,121 | $10,765 | 124.1% |
| Payments to affiliates | $0 | $0 | |
| Depreciation, amortization, etc. | $548,217 | $317,246 | 72.8% |
| Insurance | $83,081 | $57,665 | 44.1% |
| All other expenses | $5,306,151 | $3,961,151 | 34.0% |
| Total expenses | $27,363,722 | $28,044,371 | -2.4% |
| Field | 2019 | 2018 | % Change |
|---|
| Cash (non-interest-bearing) | $3,837,218 | $252,936 | 1417.1% |
| Savings, short-term investments, etc. | $8,189,821 | $9,907,555 | -17.3% |
| Pledges and grants receivable | $0 | $0 | |
| Accounts receivable | $4,540,711 | $3,961,555 | 14.6% |
| Loans receivable from officers, directors, etc. | $0 | $0 | |
| Loans receivable from other disqualified persons | $0 | $0 | |
| Notes and loans receivable | $0 | $0 | |
| Inventories for use | $0 | $0 | |
| Prepaid expenses and deferred charges | $113,751 | $265,165 | -57.1% |
| Buildings, equipment, etc. post-depreciation | $6,029,295 | $5,310,099 | 13.5% |
| Investments, publicly traded securities | $0 | $0 | |
| Investments, other securities | $0 | $0 | |
| Investments, program-related | $0 | $0 | |
| Intangible assets | $0 | $0 | |
| Other assets | $15,063,896 | $15,451,833 | -2.5% |
| Total assets | $37,774,692 | $35,149,143 | 7.5% |
| Field | 2019 | 2018 | % Change |
|---|
| Accounts payable and accrued expenses | $1,720,540 | $2,288,131 | -24.8% |
| Grants payable | $0 | $0 | |
| Deferred revenue | $200 | $149 | 34.2% |
| Tax-exempt bond liabilities | $0 | $0 | |
| Escrow or custodial account liability | $0 | $0 | |
| Loans payable to officers and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $279,616 | $147,029 | 90.2% |
| Unsecured notes and loans payable to unrelated third parties | $0 | $0 | |
| Other liabilities | $25,871,365 | $28,849,842 | -10.3% |
| Total liabilities | $27,871,721 | $31,285,151 | -10.9% |
| Field | 2019 | 2018 | % Change |
|---|
| Unrestricted net assets | $0 | $0 | |
| Temporarily restricted net assets | $0 | $0 | |
| Permanently restricted net assets | $0 | $0 | |
Vendors for HCPA
| Vendor | Services | Amount paid | Date |
|---|
| Bergankdv Ltd | Tax accounting | | 2020-03-05 |
| ██████████████████ ███ | Tax accounting; Audit accounting | | 2019-11-16 |
| ███ ████████████ ███ | Construction Services | $2,604,314 | 2019-06-01 |
| ████ ████ ███████████ ███ | Food Service | $1,283,379 | 2019-06-01 |
| █████ ████████ ███████████ | Student Transportation | $2,278,447 | 2019-06-01 |
| ████████ ██████ ███████ ███ | Speech Services | $271,213 | 2019-06-01 |
| █████████ ██ ███ | Financial Management | $145,590 | 2019-06-01 |
Personnel at HCPA
| Name | Title | Compensation | Most recent data |
|---|
| Pao Yang | Chief Operating Officer | $136,380 | Nov. 12, 2017 |
| Christianna Hang | Superintendent | $213,553 | Oct. 6, 2020 |
| ████████ ███████ | 6 - 12 Director of Teaching and Learning | $111,874 | June 30, 2019 |
| ███ ██ ████ | Past Treasurer | $3,000 | Sept. 11, 2019 |
| ███ █████ ████████ | Vice Chair | $3,000 | July 16, 2020 |
| ███ ███████ ████████ | Treasurer | $3,000 | July 16, 2020 |
| ███ ███████ ████████ | Board Chair | $48,452 | July 16, 2020 |
| ███ ███ ███ | Treasurer | $3,000 | July 16, 2020 |
| ████ ████ | Operations Dir. | $222,952 | June 30, 2019 |
| █████ ████ | Secretary | $65,881 | June 30, 2017 |
| ...and two more key personnel |
Peer charter schools
| | Name | Type | Revenue | Location |
|---|
| 1 | Lakes International Language Academy (LILA) | 501(c)(3) | $12 million | Forest Lake, MN |
| 2 | DaVinci Academy of Arts and Science | 501(c)(3) | $8.3 million | Ham Lake, MN |
| 3 | Prairie Seeds Academy (PSA) | 501(c)(3) | $10 million | Brooklyn Park, MN |
| 4 | Nova Classical Academy | 501(c)(3) | $11 million | St Paul, MN |
| 5 | Yinghua Academy | 501(c)(3) | $9.4 million | Minneapolis, MN |
| 6 | Athlos Leadership Academy | 501(c)(3) | $12 million | Brooklyn Park, MN |
| 7 | Best Academy | 501(c)(3) | $10 million | Minneapolis, MN |
| 8 | St Croix Preparatory Academy | 501(c)(3) | $13 million | Stillwater, MN |
| 9 | Community of Peace Academy (CPA) | 501(c)(3) | $12 million | St Paul, MN |
| 10 | Cologne Academy | 501(c)(3) | $8.6 million | Cologne, MN |
| 11 | Prodeo Academy | 501(c)(3) | $10 million | Minneapolis, MN |
| 12 | Community School of Excellence (CSE) | 501(c)(3) | $18 million | St Paul, MN |
| 13 | Paramount School of Excellence (PSOE) | 501(c)(3) | $8.2 million | Indianapolis, IN |
| 14 | Wish Charter School | 501(c)(3) | $9.2 million | Los Angeles, CA |
| 15 | Academy of Accelerated Learning (AAL) | 501(c)(3) | $7.8 million | Houston, TX |
| 16 | Santiago Middle School | 501(c)(3) | $10 million | Orange, CA |
| 17 | Chime Institute | 501(c)(3) | $9.2 million | Woodland Hills, CA |
| 18 | Leadership Prep School | 501(c)(3) | $9.2 million | Frisco, TX |
| 19 | Tennessee Scholar Academies | 501(c)(3) | $9.7 million | Memphis, TN |
| 20 | Crossroads Charter Schools | 501(c)(3) | $12 million | Kansas City, MO |
| 21 | St Francis Indian School | 501(c)(3) | $14 million | Saint Francis, SD |
| 22 | Gateway Science Academy of St Louis | 501(c)(3) | $17 million | St Louis, MO |
| 23 | Brooklyn Dreams Charter School (BDCS) | 501(c)(3) | $11 million | Brooklyn, NY |
| 24 | Harlem Hebrew Language Academy Charter School | 501(c)(3) | $11 million | New York, NY |
| 25 | New York City Charter High School for Architecture Engineering and Construction | 501(c)(3) | $8.4 million | Bronx, NY |