QUANTUM STEAM ACADEMY

EIN: 831605019 501(c)(3) Education

ST PAUL, MN

Total Revenue
$4,248,790
Total Expenses
$3,875,524
Total Assets
$3,205,473
Net Assets
$1,489,222
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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
2018
Legal Domicile
MN
Principal Officer
MAHROUS KANDIL
Phone
6516156888
Tax Period
2024-07-01 to 2025-06-30

QUANTUM STEAM ACADEMY, founded in 2018, is a community nonprofit in the Education sector that reported $4.2M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $3.9M left a modest 9% surplus.

Mission

PROVIDE AN EDUCATION AND OTHER EDUCATIONAL SERVICES TO STUDENTS IN GRADES K-8.

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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 $0
Program Service Revenue $4,248,790
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,248,790

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,158,910
Fundraising Expenses $0
Program Expenses $3,356,255
Other Expenses $1,716,614
TOTAL EXPENSES $3,875,524

Year-over-Year Comparison

2024 2023 Change
Revenue $4,248,790 $3,658,958 +0.2%
Expenses $3,875,524 $3,380,978 +0.1%
Net Income $373,266 $277,980 +0.3%
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
5
Independent Members
3
Employees
44
Volunteers
4

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
2
$74,518
Total Directors
5
$130,844
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRESCENCE NABIL TREASURER 40.00
Officer Director
$67,642 $6,876 $74,518
ABDULAH ALIU MEMBER 40.00
Director
$52,320 $4,006 $56,326
MAGASSA AYANA MEMBER 1.00
Director
$0 $0 $0
LUUL ISAQ MEMBER 1.00
Director
$0 $0 $0
KHALID HADDAOUI CHAIR 1.00
Officer Director
$0 $0 $0
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 $4,248,790 $3,875,524 $3,205,473 $373,266
2024 $3,658,958 $3,380,978 $2,684,052 $277,980
2023 $2,917,950 $2,810,651 $2,193,489 $107,299
2022 $2,490,641 $1,906,295 $1,536,984 $584,346
2021 $1,276,632 $1,141,230 $329,401 $135,402
2020 $89,465 $78,536 $102,829 $10,929
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