Community of Peace Academy

EIN: 411812210 501(c)(3) Education

St Paul, MN

Total Revenue
$17,305,552
Total Expenses
$15,106,807
Total Assets
$15,250,643
Net Assets
$7,135,595
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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
1995
Legal Domicile
MN
Principal Officer
Timothy McGowan
Phone
9525636935
Tax Period
2024-07-01 to 2025-06-30

Community of Peace Academy, founded in 1995, is a mid-sized nonprofit in the Education sector that reported $17.3M in total revenue in fiscal year 2024. Expenses of $15.1M left a modest 13% surplus.

Mission

Operation of charter school in St. Paul, Minnesota.

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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 $17,171,023
Program Service Revenue $29,297
Investment Income $71,993
Other Revenue $33,239
TOTAL REVENUE $17,305,552

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,375,782
Fundraising Expenses $0
Program Expenses $13,578,210
Other Expenses $6,731,025
TOTAL EXPENSES $15,106,807

Year-over-Year Comparison

2024 2023 Change
Revenue $17,305,552 $17,357,725 0.0%
Expenses $15,106,807 $14,874,887 +0.0%
Net Income $2,198,745 $2,482,838 -0.1%
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
10
Independent Members
7
Employees
176
Volunteers
9

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
5
$259,320
Total Directors
10
$172,287
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sarah Zosel Chair 1.00
Officer Director
$0 $0 $0
Kevin Keto Vice Chair and Teacher 41.00
Officer Director
$55,946 $5,215 $61,161
Tom Ciaccio Treasurer 1.00
Officer Director
$0 $0 $0
Megan Cina-Bernard Secretary and Teacher 41.00
Officer Director
$55,542 $4,886 $60,428
Greg Buckner Board Member 1.00
Director
$0 $0 $0
Maggie Elenz Board Member and Teacher 41.00
Director
$46,014 $4,684 $50,698
Orobosa Ero Board Member 1.00
Director
$0 $0 $0
Lydia Shultz Board Member 1.00
Director
$0 $0 $0
Teresa Vazquez de Nilsson Board Member 1.00
Director
$0 $0 $0
Blanca Daysi Rivas Board Member 1.00
Director
$0 $0 $0
Timothy McGowan Executive Director 40.00
Officer
$125,127 $12,604 $137,731
Bryan Farkas Special Education Director 40.00
Highest
$102,195 $0 $102,195
Molly Huml Elementary Principal 40.00
Highest
$108,195 $9,649 $117,844
Bonnie Johnson Business Manager 40.00
Highest
$107,902 $8,391 $116,293
Kenan Moore High School Director/Athletic Director 40.00
Highest
$113,674 $0 $113,674
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 $17,305,552 $15,106,807 $15,250,643 $2,198,745
2024 $17,357,725 $14,874,887 $13,255,423 $2,482,838
2023 $14,763,126 $14,136,573 $12,965,542 $626,553
2022 $14,943,421 $13,523,813 $13,004,549 $1,419,608
2021 $12,830,320 $12,479,091 $12,629,735 $351,229
2020 $11,896,832 $11,794,774 $13,284,379 $102,058
2019 $12,166,091 $11,582,305 $14,522,366 $583,786
2018 $11,632,365 $13,283,578 $16,275,258 $-1,651,213
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