FURP.ORG / PUBLIC DATA EXPLORER

EDUCATIONAL PROPERTIES INC

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Plain text EDUCATIONAL PROPERTIES INC. furp.org, nonprofit organization profile, tax years 2015–2024. https://furp.org/org/educational-properties-inc-454743465. Retrieved 2026-10-23.

APA furp.org. (n.d.). EDUCATIONAL PROPERTIES INC [Nonprofit organization profile; tax years 2015–2024]. Retrieved October 23, 2026, from https://furp.org/org/educational-properties-inc-454743465

MLA “EDUCATIONAL PROPERTIES INC.” furp.org, tax years 2015–2024, https://furp.org/org/educational-properties-inc-454743465. Accessed 23 Oct. 2026.

Retrieved 2026-10-23; covers tax years 2015–2024. Data: furp.org, CC BY 4.0.

2024 · Form 990 · revenue $1.6M · expenses $1.2M · assets $19.8M

EIN
45-4743465
Address
9477 DECATUR DR N, BROOKLYN PARK, MN 55445-3400
Website
WWW.NOBLEACADEMY.US
NTEE code
B11
Exempt type
501(c)(3): charitable, religious, educational, scientific or literary (corporation)
Ruling date
August 2014 (when the IRS recognized its exemption)
IRS status
Exempt: reinstated May 15, 2012 after an automatic revocation on May 15, 2012 IRS data ↗
Tax-deductible donations
Yes: listed in IRS Publication 78 (supporting organization) Pub 78 ↗
Foundation status
Supporting organization, type i
Cross-check
ProPublica Nonprofit Explorer

Mission

TO ACQUIRE AND MAINTAIN REAL PROPERTY FOR LEASE TO NOBLE ACADEMY.

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

3 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
Neal Thao (former) FORMER CEO2018-2021 $150,367$617,797 3
Leng Vang (former) FORMER CHAIR2015-2020 $69,492$211,103 3
Chai Vang (former) MEMBER2020-2022 $75,378$199,567 3

Officers and directors, no compensation reported

8 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Teresa Her SECRETARY2023-2024 1 $0 reported 2
Susan Thompson-Welle TREASURER2023-2024 1 $0 reported 2
Alexander Vang CHAIR2024 1 $0 reported 2
Michael Yang (former) CHAIR2022-2023 1 $0 reported 2
Kyle Knudson (former) TREASURER2020-2021 1 $0 reported 2
Mike Pocrnich (former) FORMER TREASURER2015-2020 1 $0 reported 2
Pal Yang (former) FORMER VICE CHAIR2017-2018 1 $0 reported 1
Mai Lee Yang (former) FORMER SECRETARY2017-2018 1 $0 reported 1

People by year

2024 · 3 people listed · none paid · 0 employees · 3 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
TERESA HER SECRETARY1 $0$0$0 $02
ALEXANDER VANG CHAIR1 $0$0$0 $02
SUSAN THOMPSON-WELLE TREASURER1 $0$0$0 $02
2023 · 3 people listed · none paid · 0 employees · 3 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
TERESA HER SECRETARY1 $0$0$0 $02
MICHAEL YANG CHAIR1 $0$0$0 $02
SUSAN THOMPSON-WELLE TREASURER1 $0$0$0 $02
2022 · 2 people listed · 1 paid, $75K · 0 employees · 2 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
CHAI VANG MEMBER1 $0$63,193$12,185 $75,3783
MICHAEL YANG CHAIR1 $0$0$0 $02
2021 · 3 people listed · 2 paid, $216K · 0 employees · 2 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
NEAL THAO FORMER CEO1 $0$113,743$36,624 $150,3673
CHAI VANG CHAIR1 $0$55,772$9,776 $65,5483
KYLE KNUDSON TREASURER1 $0$0$0 $02
2020 · 5 people listed · 3 paid, $377K · 0 employees · 2 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
NEAL THAO CEO1 $0$213,931$34,871 $248,8023
LENG VANG FORMER CHAIR1 $0$51,802$17,690 $69,4923
CHAI VANG CHAIR1 $0$50,401$8,240 $58,6413
KYLE KNUDSON TREASURER1 $0$0$0 $02
MIKE POCRNICH FORMER TREASURER1 $0$0$0 $02
2019 · 3 people listed · 2 paid, $288K · 0 employees · 3 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
NEAL THAO SUPERINTENDENT1 $0$187,486$31,142 $218,6283
LENG VANG CHAIR1 $0$52,315$17,126 $69,4413
MIKE POCRNICH TREASURER1 $0$0$0 $02
2018 · 5 people listed · none paid · 0 employees · 4 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
LENG VANG CHAIR1 $0$0$0 $03
PAL YANG FORMER VICE CHAIR1 $0$0$0 $01
MAI LEE YANG FORMER SECRETARY1 $0$0$0 $01
MIKE POCRNICH TREASURER1 $0$0$0 $02
NEAL THAO SUPERINTENDENT1 $0$0$0 $03
2017 · 4 people listed · 1 paid, $72K · 0 employees · 4 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
LENG VANG CHAIR1 $0$72,170$0 $72,1703
PAL YANG VICE CHAIR1 $0$0$0 $01
MAI LEE YANG SECRETARY1 $0$0$0 $01
MIKE POCRNICH TREASURER1 $0$0$0 $02
2016 · 2 people listed · none paid · 0 employees · 3 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MIKE POCRNICH MEMBER3 $0$0$0 $02
LENG VANG MEMBER3 $0$0$0 $03
2015 · 2 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MIKE POCRNICH MEMBER3 $0-$0 $02
LENG VANG MEMBER3 $0-$0 $03

Highest-paid independent contractors

No independent contractors reported.

Who gave

Contributor names are not public for this form type.

Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990 period ending 2025-06-30 · view filing · original 990 ↗
$1,641,231$1,244,937 $19,825,862$530,805 $0$1,527,750 $003
2023 · Form 990 period ending 2024-06-30 · view filing · original 990 ↗
$1,655,413$1,258,784 $19,976,139$110,511 $0$1,528,550 $003
2022 · Form 990 period ending 2023-06-30 · view filing · original 990 ↗
$1,597,009$1,301,335 $20,098,681-$286,118 $0$1,528,550 $002
2021 · Form 990 period ending 2022-06-30 · view filing · original 990 ↗
$1,528,255$1,290,405 $20,277,078-$581,792 $0$1,527,750 $002
2020 · Form 990 period ending 2021-06-30 · view filing · original 990 ↗
$1,527,215$1,309,859 $20,562,600-$819,642 $0$1,527,004 $002
2019 · Form 990 period ending 2020-06-30 · view filing · original 990 ↗
$1,557,070$1,375,619 $20,815,315-$1,036,998 $0$1,529,410 $003
2018 · Form 990 period ending 2019-06-30 · view filing · original 990 ↗
$1,570,179$1,367,346 $21,045,324-$1,218,449 $0$1,528,275 $004
2017 · Form 990 period ending 2018-06-30 · view filing · original 990 ↗
$1,371,440$1,412,294 $21,121,225-$1,421,282 $0$1,351,200 $004
2016 · Form 990 period ending 2017-06-30 · view filing · original 990 ↗
$1,133,922$2,170,082 $20,532,300-$1,380,428 $0$1,126,775 $003
2015 · Form 990EZ period ending 2016-06-30 · view filing · original 990 ↗
$0$0 $0$0 -- ---

Connected to

Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.

Funders of this organization

Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).

Similar organizations

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
FRIENDS OF BEACONMNB11 $1,210,081$1,190,170 PRINCIPAL$113,712 Same NTEE code B11, revenue within 2x, same state, similar mission
YBC INCMNB11 $1,382,617$1,249,813 BOARD CHAIR$0 Same NTEE code B11, revenue within 2x, same state, similar mission
FRIENDS OF NOVA CLASSICAL ACADEMYMNB11 $1,735,693$1,404,443 Secretary$135,107 Same NTEE code B11, revenue within 2x, same state, similar mission
MSA BUILDING COMPANYMNB11 $1,165,583$2,253,598 SECRETARY$72,106 Same NTEE code B11, revenue within 2x, same state, similar mission
NEW LIFE ACADEMY EDUCATIONAL FOUNDATION INCMNB11 $1,101,802$1,053,436 Development Director$110,354 Same NTEE code B11, revenue within 2x, same state
TWIN CITIES GERMAN IMMERSION SCHOOL BUILDING COMPANYMNB11 $1,074,321$1,080,980 Executive Director$145,349 Same NTEE code B11, revenue within 2x, same state, similar mission
FRIENDS OF PRODEO INCMNB11 $1,155,765$1,049,986 PRESIDENT$0 Same NTEE code B11, revenue within 2x, same state
PARTNERSHIP ACADEMY ASSOCIATIONMNB11 $983,667$1,080,503 Ex-Officio/Director of Finance$136,618 Same NTEE code B11, revenue within 2x, same state
EAGLE RIDGE ACADEMY AFFILIATED BUILDING COMPANYMNB11 $2,925,138$2,790,680 MEMBER/EXECUTIVE DIRECTOR$254,919 Same NTEE code B11, revenue within 2x, same state, similar mission
SPARTAN INNOVATION BUILDING CORPORATIONMNB11 $2,042,848$1,754,310 SECRETARY/TREASURER (THRU 6/23/25)$267,026 Same NTEE code B11, revenue within 2x, same state
NLAABCMNB11 $1,682,234$2,467,346 CHAIR$0 Same NTEE code B11, revenue within 2x, same state
LILA BUILDING COMPANYMNB11 $2,797,459$2,782,014 PRESIDENT/LILA CFO$144,717 Same NTEE code B11, revenue within 2x, same state
CATHEDRAL HIGH SCHOOL EDUCATION FOUNDATIONMNB11 $1,017,565$1,469,219 TRUSTEE$0 Same NTEE code B11, revenue within 2x, same state
FRIENDS OF EDUCATIONMNB11 $1,447,421$1,230,285 DIRECTOR$0 Same NTEE code B11, revenue within 2x, same state
NEW MILLENNIUM BUILDING COMPANYMNB11 $1,393,850$1,139,710 TREASURER$129,715 Same NTEE code B11, revenue within 2x, same state
DAVINCI ACADEMY ABCMNB11 $1,901,839$1,627,258 TREASURER$92,853 Same NTEE code B11, revenue within 2x, same state
FRIENDS OF SPERO ACADEMY IIMNB11 $1,967,349$2,047,302 CHAIR$0 Same NTEE code B11, revenue within 2x, same state
PSA BUILDING COMPANYMNB11 $1,863,794$2,766,183 SECRETARY$0 Same NTEE code B11, revenue within 2x, same state
FRIENDS OF@SPERO ACADEMYMNB11 $1,680,164$1,474,254 CHAIR$0 Same NTEE code B11, revenue within 2x, same state
SPECTRUM BUILDING COMPANYMNB11 $2,321,881$2,454,593 SECRETARY (TEACHER)$82,582 Same NTEE code B11, revenue within 2x, same state
METROPOLITAN STATE UNIVERSITY FOUNDATIONMNB11 $1,864,386$1,488,659 EXECUTIVE DI$178,413 Same NTEE code B11, revenue within 2x, same state
KIPP MINNESOTA ABCMNB11 $978,979$977,826 President$0 Same NTEE code B11, revenue within 2x, same state
SHPA ABCMNB11 $1,898,055$1,977,586 BOARD CHAIR$136,849 Same NTEE code B11, revenue within 2x, same state
JONES FAMILY FOUNDATIONMNB11 $1,233,529$1,129,844 DIRECTOR$337,780 Same NTEE code B11, revenue within 2x, same state
UNITED CHRISTIAN ACADEMY FOUNDATIONMNB11 $1,130,447$190,524 Chair$0 Same NTEE code B11, revenue within 2x, same state

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
FIDELITY INVESTMENTS CHARITABLE GIFT FUND DAF sponsor$16,166,513103 222016–2024 UNIVERSITY OF ALBERTA FOUNDATION USA INC; JORDAN EDUCATION FOUNDATION; GERMANNA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC; CHI PSI EDUCATIONAL TRUST INC and 18 more
SAINT PAUL & MINNESOTA FOUNDATION DAF sponsor$13,601,09837 52010–2024 JONES FAMILY FOUNDATION; HENNEPIN TECHNICAL COLLEGE FOUNDATION; FRIENDS OF ASCENSION CATHOLIC GRADE SCHOOL; METROPOLITAN STATE UNIVERSITY FOUNDATION and 1 more
PERMIAN BASIN AREA FOUNDATION DAF sponsor$4,078,77010 12012–2023 ECTOR COUNTY ISD EDUCATION FOUNDATION INC
THE CHICAGO COMMUNITY TRUST DAF sponsor$3,510,0002 22021–2022 AMBER EDUCATION FUND INC; LAKE COUNTY REGIONAL OFFICE OF EDUCATION FOUNDATION INC
CARTER FAMILY FOUNDATION Private foundation$3,230,2149 12016–2024 METROPOLITAN STATE UNIVERSITY FOUNDATION
CHARITIES AID FOUNDATION AMERICA DAF sponsor$2,826,40514 72015–2024 ERIK KARISHOEJ EDUCATION FOUNDATION; PASADENA I S D EDUCATION FOUNDATION INC; HENNEPIN TECHNICAL COLLEGE FOUNDATION; NEW LIFE ACADEMY EDUCATIONAL FOUNDATION INC and 3 more
DONOR ADVISED CHARITABLE GIVING DAF sponsor$2,622,08367 212014–2024 BETHEL UNIVERSITY FOUNDATION; NEW LIFE ACADEMY EDUCATIONAL FOUNDATION INC; FRIENDS OF ASCENSION CATHOLIC GRADE SCHOOL; METROPOLITAN STATE UNIVERSITY FOUNDATION and 17 more
COMMUNITYGIVING DAF sponsor$2,159,56915 22015–2024 CATHEDRAL HIGH SCHOOL EDUCATION FOUNDATION; BETHEL UNIVERSITY FOUNDATION
NATIONAL CHRISTIAN CHARITABLE FOUNDATION DAF sponsor$2,148,21539 62012–2024 NEW LIFE ACADEMY EDUCATIONAL FOUNDATION INC; CARMEL EDUCATIONAL FOUNDATION; PASADENA I S D EDUCATION FOUNDATION INC; OCS FOUNDATION INC and 2 more
THE DALLAS FOUNDATION DAF sponsor$1,489,2156 32020–2024 PLANO ISD EDUCATION FOUNDATION; ECTOR COUNTY ISD EDUCATION FOUNDATION INC; PASADENA I S D EDUCATION FOUNDATION INC
GREATER HARTFORD GIVES FOUNDATION DAF sponsor$1,457,19328 12016–2024 CAPITOL REGION EDUCATION COUNCILFOUNDATION INC
PINE ROCK FOUNDATION INC Private foundation$1,200,0003 12023–2025 FRIENDS OF EDUCATION
WEINAND FAMILY FOUNDATION Private foundation$1,099,8419 12016–2024 CHI PSI EDUCATIONAL TRUST INC
NATIONAL PHILANTHROPIC TR DAF sponsor$1,059,25011 72014–2024 LAKE COUNTY REGIONAL OFFICE OF EDUCATION FOUNDATION INC; FRIENDS OF ASCENSION CATHOLIC GRADE SCHOOL; EDUCATION FOUNDATION OF EAGLE COUNTY; UNIVERSITY OF ALBERTA FOUNDATION USA INC and 3 more
VANGUARD CHARITABLE ENDOWMENT PROGRAM DAF sponsor$985,86024 92020–2024 EDUCATION FOUNDATION OF EAGLE COUNTY; SHOREWOOD SUPPORTERS OF EXCELLENCE IN EDUCATIONAL DEVELOPMENT FDN INC; THE EDUCATION FOUNDATION OF ALACHUA COUNTY INC; FREIRE FOUNDATION and 5 more

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2024 · Form 990 · $1,244,937 spent · pay $0 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Interest $892,750$892,750-- 71.7%
Depreciation and depletion $346,392$346,392-- 27.8%
Fees: other services $21,966$21,966-- 1.8%
Other (as described)BOND PREMIUM -$16,171-$16,171-- -1.3%
Total$1,244,937100%

View the filing

2023 · Form 990 · $1,258,784 spent · pay $0 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Interest $913,550$913,550-- 72.6%
Depreciation and depletion $342,285$342,285-- 27.2%
Fees: other services $19,120$19,120-- 1.5%
Other (as described)BOND PREMIUM -$16,171-$16,171-- -1.3%
Total$1,258,784100%

View the filing

2022 · Form 990 · $1,301,335 spent · pay $0 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Interest $933,550$933,550-- 71.7%
Depreciation and depletion $346,255$346,255-- 26.6%
Fees: other services $32,751$32,751-- 2.5%
Fees: accounting $4,950$4,950-- 0.4%
Other (as described)BOND PREMIUM -$16,171-$16,171-- -1.2%
Total$1,301,335100%

View the filing

2021 · Form 990 · $1,290,405 spent · pay $0 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Interest $952,750$952,750-- 73.8%
Depreciation and depletion $346,255$346,255-- 26.8%
Fees: accounting $4,370$4,370-- 0.3%
Fees: other services $3,202$3,202-- 0.2%
Other (as described)BOND PREMIUM -$16,172-$16,172-- -1.3%
Total$1,290,405100%

View the filing

2020 · Form 990 · $1,309,859 spent · pay $0 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Interest $971,150$971,150-- 74.1%
Depreciation and depletion $346,255$346,255-- 26.4%
Fees: other services $4,495$4,495-- 0.3%
Fees: accounting $4,130$4,130-- 0.3%
Other (as described)BOND PREMIUM -$16,171-$16,171-- -1.2%
Total$1,309,859100%

View the filing

2019 · Form 990 · $1,375,619 spent · pay $0 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Interest $988,950$988,950-- 71.9%
Depreciation and depletion $345,893$345,893-- 25.1%
Other (as described)FURNITURE AND EQUIPMENT $34,305$34,305-- 2.5%
Fees: other services $18,752$18,752-- 1.4%
Fees: accounting $3,890$3,890-- 0.3%
Other (as described)BOND PREMIUM -$16,171-$16,171-- -1.2%
Total$1,375,619100%

View the filing

2018 · Form 990 · $1,367,346 spent · pay $0 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Interest $1,008,276$1,008,276-- 73.7%
Depreciation and depletion $345,298$345,298-- 25.3%
Fees: other services $27,999$27,999-- 2.0%
Other (as described)BOND DISCOUNT $1,944$1,944-- 0.1%
Other (as described)BOND PREMIUM -$16,171-$16,171-- -1.2%
Total$1,367,346100%

View the filing

2017 · Form 990 · $1,412,294 spent · pay $0 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Interest $1,024,366$1,024,366-- 72.5%
Depreciation and depletion $342,986$342,986-- 24.3%
Fees: other services $44,942$44,942-- 3.2%
Total$1,412,294100%

View the filing

2016 · Form 990 · $2,170,082 spent · pay $0 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Interest $1,024,775$1,024,775-- 47.2%
Other (as described)REPAIRS AND MAINTENANCE $834,421$834,421-- 38.5%
Depreciation and depletion $298,886$298,886-- 13.8%
Fees: other services $12,000$12,000-- 0.6%
Total$2,170,082100%

View the filing