HIGHER GROUND ACADEMY

EIN: 411886212 501(c)(3) Education

ST PAUL, MN

Total Revenue
$20,573,848
Total Expenses
$20,011,883
Total Assets
$18,453,608
Net Assets
$8,222,899
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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
1997
Legal Domicile
MN
Principal Officer
SAMUEL YIGZAW
Phone
6516451000
Tax Period
2024-07-01 to 2025-06-30

HIGHER GROUND ACADEMY, founded in 1997, is a mid-sized nonprofit in the Education sector that reported $20.6M in total revenue in fiscal year 2024.

Mission

TO PREPARE STUDENTS TO BECOME SUCCESSFUL, ETHICAL, AND RESPONSIBLE CITIZENS WHO ARE READY FOR ALL THE CHALLENGES OF THE TWENTY-FIRST CENTURY. TO THAT END, STUDENTS GRADUATING FROM THE ACADEMY WILL BE COLLEGE READY, STEWARDS OF THE ENVIRONMENT, AND ETHICAL CITIZENS WHO VALUE HARD WORK, HONESTY, INTEGRITY, EQUITY, AND DIVERSITY.

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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 $20,397,280
Program Service Revenue $27,021
Investment Income $149,547
Other Revenue $0
TOTAL REVENUE $20,573,848

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,759,342
Fundraising Expenses $0
Program Expenses $14,666,104
Other Expenses $8,252,541
TOTAL EXPENSES $20,011,883

Year-over-Year Comparison

2024 2023 Change
Revenue $20,573,848 $19,768,393 +0.0%
Expenses $20,011,883 $19,283,536 +0.0%
Net Income $561,965 $484,857 +0.2%
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
7
Independent Members
6
Employees
208
Volunteers
10

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
3
$0
Total Directors
7
$86,113
Key Employees
1
$224,212
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LIBAN AHMED BOARD MEMBER 42.00
Director
$69,014 $17,099 $86,113
DANIEL MCGRATH CHAIR 2.00
Officer Director
$0 $0 $0
DENISE TOUSSAINT VICE CHAIR/TREASURER 2.00
Officer Director
$0 $0 $0
BRIAN SWERINE SECRETARY 2.00
Officer Director
$0 $0 $0
BASIMA MOHAMUD BOARD MEMBER 2.00
Director
$0 $0 $0
SHANNON TANGHE BOARD MEMBER 2.00
Director
$0 $0 $0
MARY TATE BOARD MEMBER 2.00
Director
$0 $0 $0
SAMUEL YIGZAW EXECUTIVE DIRECTOR 42.00
Key Emp
$197,175 $27,037 $224,212
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 $20,573,848 $20,011,883 $18,453,608 $561,965
2024 $19,768,393 $19,283,536 $18,075,430 $484,857
2023 $19,189,915 $17,123,856 $18,470,121 $2,066,059
2022 $19,599,738 $16,627,339 $16,745,157 $2,972,399
2021 $16,161,479 $14,884,281 $14,123,889 $1,277,198
2020 $14,107,981 $14,177,659 $10,726,673 $-69,678
2019 $11,090,410 $9,419,055 $11,530,136 $1,671,355
2018 $10,838,933 $11,853,830 $12,093,003 $-1,014,897
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