Prodeo Academy is a 501(c)(3) organization based in Columbia Hts, Minnesota, registered in 2012, with $23,533,334 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$23.5M
▲ 26.7% vs prior year
Education median: $200K
Expenses (FY2023)
$23.2M
Net assets
-$6.2M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Prodeo Academy— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Prodeo Academy: 0 mo reserves · +1% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Prodeo Academy— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Prodeo Academy: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.3M (FY2013) to $23.5M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
1.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.9M
Total liabilities
$17.1M
Net assets
-$6.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $23,533,334▲26.7% | $23,197,237▲19.1% | -$6,186,320▼16.9% | $10,903,090▲5.8% | 990 |
| 2022 | $18,580,713▲15.1% | $19,482,085▲19.7% | -$5,293,956▼75.3% | $10,301,879▼4.8% | 990 |
| 2021 | $16,145,303▲22.0% | $16,279,193▲27.1% | -$3,019,317▼26.2% | $10,823,129▲36.6% | 990 |
| 2020 | $13,232,357▲6.7% | $12,806,093▲4.9% | -$2,393,314▼61.5% | $7,923,634▲2.8% | 990 |
| 2019 | $12,396,803▲17.8% | $12,207,368▲12.3% | -$1,482,049▼105% | $7,710,842▼2.5% | 990 |
| 2018 | $10,519,570▲27.7% | $10,874,466▲17.0% | -$722,642▼17.7% | $7,910,743▲9.7% | 990 |
| 2017 | $8,238,203▲53.9% | $9,295,414▲69.8% | -$614,107▼239% | $7,208,132▲37.3% | 990 |
| 2016 | $5,351,880▲61.1% | $5,473,452▲72.0% | $443,104▼21.5% | $5,249,281▲253% | 990 |
| 2015 | $3,321,907▲65.6% | $3,182,943▲77.8% | $564,676▲32.6% | $1,485,618▲44.0% | 990 |
| 2014 | $2,006,447▲51.5% | $1,790,042▲73.5% | $425,712▲37.1% | $1,031,772▲201% | 990 |
| 2013 | $1,324,093 | $1,031,663 | $310,527 | $342,960 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
49 grants to Prodeo Academy totaling $2.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Minneapolis Foundation | Donor advised, education | 2024 | $230,000 |
| Mightycause Charitable Foundation | Unrestricted | 2024 | $10,787 |
| Minneapolis Foundation | Education, donor-advised, education | 2023 | $94,250 |
| Saint Paul & Minnesota Foundation | Multiple grants for programs, operations, or other purposes | 2023 | $77,500 |
| Mightycause Charitable Foundation | Unrestricted | 2023 | $31,517 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $21,000 |
| Donor Advised Charitable Giving | Education | 2023 | $20,540 |
| Charities Aid Foundation America | Charitable donation | 2023 | $6,320 |
| Saint Paul & Minnesota Foundation | Multiple grants for multiple purposes | 2022 | $70,000 |
| Donor Advised Charitable Giving | Education | 2022 | $20,360 |
| Minneapolis Foundation | Donor-recommended, education | 2022 | $20,000 |
| Mightycause Charitable Foundation | Unrestricted | 2022 | $18,443 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $13,500 |
| Charities Aid Foundation America | Charitable donation | 2022 | $7,246 |
| Joyful Noise Charitable Foundation | To assist in carrying out the charitable purposes of prodeo academy | 2021 | $500,000 |
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Data for Prodeo Academy (EIN 80-0743744) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.