Davinci Academy of Arts and Science
Nonprofit profile at a glance
- EIN
- 743234914
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Ham Lake, MN, USA
- Phone
- 7637546577
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $14,608,131
- Expenses
- $14,948,710
- Assets
- $6,733,134
- Liabilities
- $7,657,623
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- ANTONIO KUKLOK (EXECUTIVE DIRECTOR (BEG JULY 2024))
- JACK SHIELDS (EXECUTIVE DIRECTOR (END JUNE 2024))
Highest reported compensation
- AMY ERENDU (DIRECTOR OF TEACHING & LEARNING): $137,299 total reported compensation
- JESSICA MURPHY (ELEMENTARY PRINCIPAL): $115,476 total reported compensation
- BRENDA MAULIK (VICE CHAIR/TEACHER): $82,540 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To awaken a passion for learning through an enriched and individualized approach to education. Students, parents and teachers will work together to ensure positive character development and build a strong foundation for higher education.
What it reported doing in 2024
Davinci academy of arts and science will awaken a passion for learning through an enriched and individualized approach to education. Students, parents and teachers will work together to ensure positive character development and build a strong foundation for higher education for students in k-8. During fiscal year ended june 30, 2025, davinci academy served approximately 949 students.
Operating model
- Revenue model
- Grant-funded. 96% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 100
- Accountability: 76
- Sustainability: 22
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.2%; rating input score 90
- Program expense ratio: 87.9%; rating input score 88
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 66.7%; rating input score 67; 11th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2.3%; rating input score 23; 23rd percentile among comparable filings
- Total-asset coverage ratio: 0.45; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 1.14; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 4.3%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: 11.4% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 11.1% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 10.8% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 90.2% of revenue deployed · 87.9% of spending went to programs
- Governance: 6 of 9 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $13.1M in reported program spending
- Leadership: top reported pay $137K · 13 people listed
- Highest-paid contractors: 5 contractors listed · $1.7M reported
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors and related organizations
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 23/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.