Education (B29) IRS Verified DX Registered 990 on File

HMONG ACADEMY

EIN: 65-1180277 · SAINT PAUL, MN 55108-2612 · United States · FY 2023 Data

3 out of 5 59 / 100 Based on 2+ years of filings

Financial strength (30%) 86/100

Reliability (20%) 55/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

Team 7849, DaVinci’s Creation, exists to empower students through hands-on STEM education, teamwork, and real-world problem solving. We are committed to building not only competitive robots, but also confident, capable young leaders. As the only FIRST Robotics team representing majority Hmong and Karen students, we strive to inspire underrepresented communities to explore science, technology, engineering, and mathematics. Our mission is to create an inclusive, supportive environment where every student has the opportunity to learn, grow, and contribute — on and off the field. We believe success is measured not only in competition results, but in the skills, resilience, and passion our students carry into their futures as engineers, innovators, and community leaders.

Financial Overview — FY 2023

$42.5M

Total Revenue

$37.7M

Total Expenses

$18.7M

Net Assets

368

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 88.3%

Fundraising Efficiency N/A

Operating Reserve 5.94x

Liability-to-Asset 54.1%

Revenue Diversification 96.6%

Executive Compensation $459K

Compared with Peers

FY 2023

Compared with 3,578 similar organizations (United States, Education, $10M–$100M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	88.3%	84.4%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	11.7%	13.5%	P10P90	Above median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.0%	0.7%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	5.9 mo	10.9 mo	P10P90	Below median
Liabilities to assets Total liabilities / total assets · lower is better	54.1%	34.2%	P10P90	Below median
Revenue concentration Share of revenue from the largest source · lower is better	96.6%	87.3%	P10P90	Below median
Revenue growth Year over year revenue growth	7.6%	4.8%	P10P90
Expense growth Year over year expense growth	3.7%	8.5%	P10P90
Surplus margin Surplus as a share of revenue	11.2%	2.7%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$42.5M	$37.7M	$18.7M	88.3%	368
2022	$39.5M	$36.4M	$13.9M	87.1%	338
2021	$35.5M	$30.6M	N/A	—	319

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Organization Details

EIN: 65-1180277
State: MN
City: SAINT PAUL
ZIP: 55108-2612
Classification: B29
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2003
Foundation Code: 11
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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