HMONG AMERICAN PEACE ACADEMY LTD

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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

2004

Legal Domicile

Principal Officer

CHRIS HER-XIONG

Phone

4143834944

Tax Period

2024-07-01 to 2025-06-30

HMONG AMERICAN PEACE ACADEMY LTD, founded in 2004, is a mid-sized nonprofit in the Education sector that reported $26.2M in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. Expenses of $24.3M left a modest 7% surplus.

Mission

HMONG AMERICAN PEACE ACADEMY LTD. IS A NON-PROFIT CHARTER SCHOOL PURSUANT TO A CONTRACT WITH THE MILWAUKEE BOARD OF SCHOOL DIRECTORS. THE PURPOSE OF THE ORGANIZATION IS TO SERVE THE HMONG COMMUNITY BY PROVIDING ELEMENTARY AND HIGH SCHOOL EDUCATIONAL SERVICES TO STUDENTS WHILE PRESERVING THE HMONG CULTURE AND LANGUAGE BUT EMBRACING AMERICAN VALUES TO PROVIDES OPPORTUNITIES FOR SUCCESS AS AMERICAN CITIZENS.

Program Service Accomplishments

Program 1

Expenses: $20,526,107 Revenue: $96,531

TO SERVE THE HMONG COMMUNITY BY PROVIDING ELEMENTARY AND HIGH SCHOOL EDUCATIONAL SERVICES TO STUDENTS.HMONG AMERICAN PEACE ACADEMY PROVIDES OUR SCHOLARS WITH RIGOROUS ACADEMICS, CHARACTER...

TO SERVE THE HMONG COMMUNITY BY PROVIDING ELEMENTARY AND HIGH SCHOOL EDUCATIONAL SERVICES TO STUDENTS.HMONG AMERICAN PEACE ACADEMY PROVIDES OUR SCHOLARS WITH RIGOROUS ACADEMICS, CHARACTER DEVELOPMENT, AND HMONG CULTURAL VALUES, PREPARING THEM TO EXCEL IN COLLEGES, CAREERS, AND PEACEFUL COMMUNITY LEADERSHIP

Program 2

Expenses: $785,782

SPECIAL EDUCATION

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $24,936,124

Program Service Revenue $96,531

Investment Income $1,130,153

Other Revenue $0

TOTAL REVENUE $26,162,808

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,422,618

Fundraising Expenses $11,453

Program Expenses $21,311,889

Other Expenses $9,906,096

TOTAL EXPENSES $24,328,714

Year-over-Year Comparison

	2024	2023	Change
Revenue	$26,162,808	$32,540,811	-0.2%
Expenses	$24,328,714	$22,453,129	+0.1%
Net Income	$1,834,094	$10,087,682	-0.8%

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

Governance

Voting Members

Independent Members

Employees

234

Volunteers

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

$438,178

Total Directors

Key Employees

$388,671

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL GENTGES	BOARD PRESIDENT	2.00	Officer Director	$0	$0	$0
ROBERT FISHER THRU 063025	BOARD SECRETARY	2.00	Officer Director	$0	$0	$0
SARAH URBAN	TREASURER	2.00	Officer Director	$0	$0	$0
WARREN BULIIOX	VICE CHAIR PARTNER	2.00	Officer Director	$0	$0	$0
MAUREEN MCNALLY	BOARD SECRETARY	2.00	Officer Director	$0	$0	$0
DARRYL MORIN	BOARD MEMBER	2.00	Director	$0	$0	$0
WILLIAM WESTRATE	BOARD MEMBER	2.00	Director	$0	$0	$0
DREW KAYNER	BOARD MEMBER	2.00	Director	$0	$0	$0
MEI ROBERTSON	BOARD MEMBER	2.00	Director	$0	$0	$0
MICK TREVEY	BOARD MEMBER	2.00	Director	$0	$0	$0
THAY YANG	BOARD MEMBER	2.00	Director	$0	$0	$0
DR CHRIS HER-XIONG	CEO	45.00	Officer	$251,509	$43,644	$295,153
MARGRET BASHIRIAN	CFO	45.00	Officer	$127,742	$15,283	$143,025
MAI SHOUA XIONG	CHIEF OF STAFF	45.00	Key Emp	$163,391	$30,983	$194,374
BRENDAN KEARNEY	CHIEF OF ACADEMICS	45.00	Key Emp	$163,318	$30,979	$194,297
MOLLIE GRUENNERT	DIRECTOR OF CURRICULUM	45.00	Highest	$117,347	$12,924	$130,271
RYAN JOHNSON	OPERATIONS DIRECTOR	45.00	Highest	$119,769	$28,837	$148,606
DON PATNODE	PRINCIPAL	45.00	Highest	$124,496	$5,934	$130,430
JESSICA SCHERER	PRINCIPAL	45.00	Highest	$116,460	$28,681	$145,141
LUKE MCAVOY	PRINCIPAL	45.00	Highest	$118,475	$12,834	$131,309

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	$26,162,808	$24,328,714	$78,608,935	$1,834,094
2024	$32,540,811	$22,453,129	$77,636,962	$10,087,682
2023	$23,410,235	$18,144,198	$67,750,351	$5,266,037
2022	$22,180,285	$15,502,331	$62,055,663	$6,677,954
2021	$20,734,699	$12,606,530	$56,165,895	$8,128,169
2020	$17,330,260	$12,520,498	$49,491,700	$4,809,762