SEVEN HILLS PREPARATORY ACADEMY

EIN: 203107105 501(c)(3) Education

RICHFIELD, MN

Total Revenue
$17,715,268
Total Expenses
$18,270,682
Total Assets
$6,745,905
Net Assets
$-5,766,188
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
MN
Principal Officer
ED FELLOWS
Phone
6123147600
Tax Period
2024-07-01 to 2025-06-30

SEVEN HILLS PREPARATORY ACADEMY, founded in 2006, is a mid-sized nonprofit in the Education sector that reported $17.7M in total revenue in fiscal year 2024.

Mission

SEVEN HILLS PREPARATORY ACADEMY PREPARES EACH STUDENT FOR STRONG CITIZENSHIP AND LIFE-LONG LEARNING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $17,195,988
Program Service Revenue $189,944
Investment Income $774
Other Revenue $328,562
TOTAL REVENUE $17,715,268

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,640,952
Fundraising Expenses $0
Program Expenses $16,526,818
Other Expenses $6,629,730
TOTAL EXPENSES $18,270,682

Year-over-Year Comparison

2024 2023 Change
Revenue $17,715,268 $17,831,822 0.0%
Expenses $18,270,682 $17,794,760 +0.0%
Net Income $-555,414 $37,062 -16.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
8
Employees
22
Volunteers
78

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$146,773
Total Directors
11
$270,157
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER LAMPRECHT DIRECTOR/TEACHER 41.00
Director
$79,461 $7,652 $87,113
DANA BANITT DIRECTOR/TEACHER 41.00
Director
$69,610 $17,817 $87,427
MEGAN DAOUST DIRECTOR/TEACHER 41.00
Director
$72,909 $22,708 $95,617
WES WAHLBERG CHAIR 1.00
Officer Director
$0 $0 $0
ALLISON PETERSON VICE CHAIR 1.00
Officer Director
$0 $0 $0
STEPHANIE GRACZAK SECRETARY 1.00
Officer Director
$0 $0 $0
MICHAEL MEYER TREASURER 1.00
Officer Director
$0 $0 $0
TERON BUFORD DIRECTOR 1.00
Director
$0 $0 $0
LISA BARNIDGE DIRECTOR 1.00
Director
$0 $0 $0
CINDY MURPHY DIRECTOR 1.00
Director
$0 $0 $0
ANDREW JACKSON DIRECTOR 1.00
Director
$0 $0 $0
CAROLYN FARRELL INTERIM EXECUTIVE DIRECTOR 40.00
Officer
$115,685 $31,088 $146,773
ED FELLOWS EXECUTIVE DIRECTOR (BEG 03/2025) 40.00
Officer
$0 $0 $0
BRENT PETERSON PRINCIPAL 40.00
Highest
$111,513 $11,625 $123,138
RYAN GRUTSCH PRINCIPAL 40.00
Highest
$100,398 $36,451 $136,849
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $17,715,268 $18,270,682 $6,745,905 $-555,414
2024 No data No data No data No data
2023 $16,407,918 $16,219,727 $11,016,543 $188,191
2022 $15,420,403 $15,094,152 $12,008,176 $326,251
2021 $13,694,852 $13,251,507 $10,099,712 $443,345
2020 $12,840,125 $13,762,063 $9,231,780 $-921,938
2019 $11,635,077 $10,362,590 $10,626,415 $1,272,487
2018 $10,628,778 $12,654,601 $10,787,747 $-2,025,823
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