Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
990 • Fiscal year 2016 • EIN 22-3785563
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
Liabilities / Revenue
68th percentile
Higher debt load relative to revenue than 68% of similar nonprofits.
Net Margin
71st percentile
Higher net margin than 71% of similar nonprofits.
Top Officer Pay
65th percentile
Higher top officer pay than 65% of similar nonprofits.
Top officer pay equals 2.8% of source-year revenue.
Asset Growth
81st percentile
Faster asset growth than 81% of similar nonprofits.
Revenue Growth
48th percentile
Faster revenue growth than 48% of similar nonprofits.
Assets
Up$2,049,674
Up $435,619 (+27%) from 2015
Net Assets
Up$1,110,282
Up $383,016 (+53%) from 2015
Liabilities
Up$939,392
Up $52,603 (+5.9%) from 2015
Revenue
Up$3,743,727
Up $97,147 (+2.7%) from 2015
Expenses
Down$3,360,711
Down $84,984 (-2.5%) from 2015
Net Income
Up$383,016
Up $182,131 (+91%) from 2015
The mission of the Hope Academy Charter School is as follows: the production of intelligent, competent, compassionate, and community-minded citizens, who will teach others to be, to know, and to do likewise.The educational philosophy is embedded in our Core Values: Hard Work Open and Honest Communication Personal Commitment ExcellenceWe at Hope Academy believe that FAILURE IS NOT AN OPTION!
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $915,139 | $1,520,966 | ▲ $605,827 |
| Accounts Receivable | $419,240 | $196,369 | ▼ $222,871 |
| Land, Buildings, and Equipment, Net | $180,690 | $161,671 | ▼ $19,019 |
| Prepaid Expenses and Deferred Charges | $68,350 | $72,130 | ▲ $3,780 |
| Savings and Temporary Cash Investments | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $1,614,055 | $2,049,674 | ▲ $435,619 |
| Other Assets Total | $30,636 | $98,538 | ▲ $67,902 |
| Liabilities | |||
| Other Liabilities | $689,105 | $781,048 | ▲ $91,943 |
| Accounts Payable and Accrued Expenses | $174,974 | $132,004 | ▼ $42,970 |
| Deferred Revenue | $22,710 | $26,340 | ▲ $3,630 |
| Total Liabilities | $886,789 | $939,392 | ▲ $52,603 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $727,266 | $1,110,282 | ▲ $383,016 |
| Total Net Assets Fund Balance | $727,266 | $1,110,282 | ▲ $383,016 |
| Total Liabilities and Net Assets / Fund Balance | $1,614,055 | $2,049,674 | ▲ $435,619 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $161,671 | $218,719 | $380,390 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Davisha Pratt | Head of School | FT | $103,446 | $103,446 |
| Donna Torres | Business Admin | FT | $75,058 | $75,058 |
| Name | Title |
|---|---|
| Claudia Morgan | President |
| Frankie Winrow | Vice President |
| Arlene Cabrera | Trustee |
| Dennis Carroll | Trustee |
| Sheree Jones | Trustee |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Karson Food Service | Food Service | 3409 ROSE AVENUE, Ocean, NJ 07712 | $126,131 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $2,297,487 |
| Other Expenses | $1,063,224 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,352,753 | $206,639 | - | $1,559,392 |
| Occupancy | - | $536,871 | - | $536,871 |
| Other Employee Benefits | - | $530,338 | - | $530,338 |
| Fees for Services Management | $70,251 | $170,892 | - | $241,143 |
| Current Officers, Directors, Trustees, and Key Employees | - | $178,504 | - | $178,504 |
| Office Expenses | $60,268 | $81,240 | - | $141,508 |
| Insurance | - | $59,167 | - | $59,167 |
| Payroll Taxes | - | $29,253 | - | $29,253 |
| Fees for Services Other | - | $24,299 | - | $24,299 |
| Other Expenses | - | $24,040 | - | $24,040 |
| Depreciation Depletion | - | $19,019 | - | $19,019 |
| Fees for Services Legal | - | $17,177 | - | $17,177 |
| Total Functional Expenses | $1,483,272 | $1,877,439 | $0 | $3,360,711 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Net Pension Liability | $743,365 |
| Deferred Inflows of Resources-pensions | $37,683 |
“The board of trustees and designated school officials review the tax form 990 return prior to submission and filing with the irs.”
“Hope academy charter school has an express, written conflict of interest policy that is published each year in the staff handbook, and is reviewed with the entire staff during staff orientation. Disclosure is the process by which relationships must, in every case, be disclosed to hope academy charter school administration and to the board of trustees. As part of internal controls procedures, disclosed relationships are reviewed periodically to ensure that they demonstrate compliance.”
“Salary and compensation of the ceo/lead person of the school is reviewed and evaluated by board of trustees of the hope academy charter school on an annual basis. In conducting such review and evaluation, factors such as personal strengths and weaknesses, as well as goals and achievements of the charter school, and comparable salary data are all given due weight and consideration. The ultimate compensation evaluation and recommendation is thereafter approved by the board of trustees of the charter school.”
“Salary and compensation are reviewed and evaluated by the director and business administrator of the hope academy charter school on an annual basis. All such compensation evaluations and recommendations are reviewed and approved by the board of trustees of hope academy charter school.”
“The minutes for the meetings of the board of trustees of the hope academy charter school are available to the public on the school's website and/or upon request. The charter school continues to post all future minutes of the board of trustees meetings on the school's website. Annual audit and financial reports of the charter school are available on the state of new jersey department of education website. Other charter school information is available on the school website, or will be provided upon request.”
“The hope academy charter school follows state and federal regulations and standards governing record retention and destruction.”
“Hope academy charter school has a written whistleblower policy which prohibits discrimination or retaliation against any school employee who: (1) discloses or threatens to disclose to a supervisor or appropriate entity a policy or practice which the employee reasonably believes is in violation of law; (2) provides information to any public body conducting an investigation or inquiry into any alleged violation of law; or (3) objects to, or refuses to participate in any activity, policy or practice which the employee reasonably believes is in violation of law, is fraudulent or criminal, or is incompatible with public health or safety. This policy is included in the staff handbook.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 174974 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 132004 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 419240 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 196369 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | The mission of the Hope Academy Charter School is as follows: the production of intelligent, competent, compassionate, and community-minded citizens, who will teach others to be, to know, and to do likewise.The educational philosophy is embedded in our Core Values: Hard Work Open and Honest Communication Personal Commitment ExcellenceWe at Hope Academy believe that FAILURE IS NOT AN OPTION! |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 0 |
| IRS990/AllAffiliatesIncludedInd | 0 | false |
| IRS990/AllOtherContributionsAmt | 0 | 23405 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7329884227 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 601 GRAND AVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ASBURY PARK |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 07712 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 915139 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1520966 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 178504 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 178504 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 126131 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 3409 ROSE AVENUE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | OCEAN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 07712 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | KARSON FOOD SERVICE |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | FOOD SERVICE |
| IRS990/CostOfGoodsSoldAmt | 0 | 126131 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 3848049 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 1153 |
| IRS990/CYOtherExpensesAmt | 0 | 1063224 |
| IRS990/CYOtherRevenueAmt | 0 | -123637 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 18162 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 383016 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 2297487 |
| IRS990/CYTotalExpensesAmt | 0 | 3360711 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 3743727 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | false |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 22710 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 26340 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 19019 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 19019 |
| IRS990/Desc | 0 | THE HOPE ACADEMY CHARTER SCHOOL PROVIDES A FULL RANGE OF EDUCATIONAL SERVICES APPROPRIATE FOR GRADE LEVELS KINDERGARTEN THROUGH GRADE 8. THESE SERVICES INCLUDE REGULAR, AS WELL AS SPECIAL EDUCATION, ELL AND BASIC SKILLS INSTRUCTION. THE HOPE ACADEMY CHARTER SCHOOL COMPLETED ITS 2015-2016 SCHOOL YEAR WITH AN ENROLLMENT OF 206 STUDENTS. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DistributionToDonorInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 55 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1483272 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditPerformedInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | true |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 17177 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 17177 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 170892 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 70251 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 241143 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 24299 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 24299 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282FiledCnt | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CLAUDIA MORGAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | SHEREE JONES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DENNIS CARROLL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | FRANKIE WINROW |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | ARLENE CABRERA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | DAVISHA PRATT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DONNA TORRES |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 103446 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 75058 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | HEAD OF SCHOOL |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BUSINESS ADMIN |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/Form990TFiledInd | 0 | false |
| IRS990/FormationYr | 0 | 2001 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GovernmentGrantsAmt | 0 | 3824644 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 3869858 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 2494 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 59167 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 59167 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1153 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1153 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/InvestTaxExemptBondsInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 8 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 218719 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 180690 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 161671 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 380390 |
| IRS990/LegalDomicileStateCd | 0 | NJ |
| IRS990/LicensedMoreThanOneStateInd | 0 | false |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | The mission of the Hope Academy Charter School is as follows: the production of intelligent, competent, compassionate, and community-minded citizens, who will teach others to be, to know, and to do likewise.The educational philosophy is embedded in our Core Values: Hard Work Open and Honest Communication Personal Commitment ExcellenceWe at Hope Academy believe that FAILURE IS NOT AN OPTION! |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 727266 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1110282 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | -123637 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -123637 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 536871 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 536871 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 81240 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 60268 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 141508 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OrgFiledInLieuOfForm1041Ind | 0 | false |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 30636 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 98538 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 530338 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 530338 |
| IRS990/OtherExpensesGrp/Desc | 0 | PENSION EXPENSE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 24040 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 24040 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 689105 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 781048 |
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| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | THE CHARTER SCHOOL RECEIVES PUBLIC ASSISTANCE BY WAY OF PERCENTAGE OF LOCAL TAX LEVY PURSUANT TO REGULATIONS PROMULGATED BY THE STATE OF NEW JERSEY DEPARTMENT OF EDUCATION. IN ADDITION, THE CHARTER SCHOOL RECEIVES FEDERAL ASSISTANCE BY WAY OF GRANTS FROM NCLB/TITLE I AND I.D.E.A. PROGRAMS. OTHER FINANCIAL ASSISTANCE FROM GOVERNMENTAL PROGRAMS IS ALSO AVAILABLE VIA APPLICATION. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | THE HOPE ACADEMY CHARTER SCHOOL MAINTAINS A RACIALLY NONDISCRIMINATORY POLICY TOWARDS ALL STUDENTS, IN THAT THE CHARTER SCHOOL DOES NOT DISCRIMINATE AGAINST ANY STUDENT, OR EMPLOYEE, FOR REASONS OF RACE, COLOR, CREED, SEX, AGE, RELIGION, ETHNIC ORIGIN, FAMILY AFFILIATION, DISABILITIES, SOCIAL OR ECONOMIC STATUS, MARITAL STATUS, SEXUAL ORIENTATION, OR BECAUSE OF LIABILITY FOR SERVICE IN THE UNITED STATES ARMED FORCES. THE RACIALLY NONDISCRIMINATORY POLICY IS CONTAINED IN THE SCHOOL BY-LAWS AND IS COMMUNICATED TO STUDENTS AND PARENTS. THE SCHOOL WILL ALSO PUBLISH THIS POLICY IN ITS BROCHURE AND ON ITS WEBSITE.IN ADDITION, THE HOPE ACADEMY CHARTER SCHOOL CUSTOMARILY DRAWS ITS STUDENTS FROM LOCAL COMMUNITIES, AND FURTHER, THE CHARTER SCHOOL ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Schedule E, Line 4 - Explanation of Records and Materials Not Maintained |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Schedule E, Line 5 - Explanation of Organization Discrimination by Race |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE BOARD OF TRUSTEES AND DESIGNATED SCHOOL OFFICIALS REVIEW THE TAX FORM 990 RETURN PRIOR TO SUBMISSION AND FILING WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | HOPE ACADEMY CHARTER SCHOOL HAS AN EXPRESS, WRITTEN CONFLICT OF INTEREST POLICY THAT IS PUBLISHED EACH YEAR IN THE STAFF HANDBOOK, AND IS REVIEWED WITH THE ENTIRE STAFF DURING STAFF ORIENTATION. DISCLOSURE IS THE PROCESS BY WHICH RELATIONSHIPS MUST, IN EVERY CASE, BE DISCLOSED TO HOPE ACADEMY CHARTER SCHOOL ADMINISTRATION AND TO THE BOARD OF TRUSTEES. AS PART OF INTERNAL CONTROLS PROCEDURES, DISCLOSED RELATIONSHIPS ARE REVIEWED PERIODICALLY TO ENSURE THAT THEY DEMONSTRATE COMPLIANCE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | SALARY AND COMPENSATION OF THE CEO/LEAD PERSON OF THE SCHOOL IS REVIEWED AND EVALUATED BY BOARD OF TRUSTEES OF THE HOPE ACADEMY CHARTER SCHOOL ON AN ANNUAL BASIS. IN CONDUCTING SUCH REVIEW AND EVALUATION, FACTORS SUCH AS PERSONAL STRENGTHS AND WEAKNESSES, AS WELL AS GOALS AND ACHIEVEMENTS OF THE CHARTER SCHOOL, AND COMPARABLE SALARY DATA ARE ALL GIVEN DUE WEIGHT AND CONSIDERATION. THE ULTIMATE COMPENSATION EVALUATION AND RECOMMENDATION IS THEREAFTER APPROVED BY THE BOARD OF TRUSTEES OF THE CHARTER SCHOOL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | SALARY AND COMPENSATION ARE REVIEWED AND EVALUATED BY THE DIRECTOR AND BUSINESS ADMINISTRATOR OF THE HOPE ACADEMY CHARTER SCHOOL ON AN ANNUAL BASIS. ALL SUCH COMPENSATION EVALUATIONS AND RECOMMENDATIONS ARE REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES OF HOPE ACADEMY CHARTER SCHOOL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE MINUTES FOR THE MEETINGS OF THE BOARD OF TRUSTEES OF THE HOPE ACADEMY CHARTER SCHOOL ARE AVAILABLE TO THE PUBLIC ON THE SCHOOL'S WEBSITE AND/OR UPON REQUEST. THE CHARTER SCHOOL CONTINUES TO POST ALL FUTURE MINUTES OF THE BOARD OF TRUSTEES MEETINGS ON THE SCHOOL'S WEBSITE. ANNUAL AUDIT AND FINANCIAL REPORTS OF THE CHARTER SCHOOL ARE AVAILABLE ON THE STATE OF NEW JERSEY DEPARTMENT OF EDUCATION WEBSITE. OTHER CHARTER SCHOOL INFORMATION IS AVAILABLE ON THE SCHOOL WEBSITE, OR WILL BE PROVIDED UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE HOPE ACADEMY CHARTER SCHOOL FOLLOWS STATE AND FEDERAL REGULATIONS AND STANDARDS GOVERNING RECORD RETENTION AND DESTRUCTION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | HOPE ACADEMY CHARTER SCHOOL HAS A WRITTEN WHISTLEBLOWER POLICY WHICH PROHIBITS DISCRIMINATION OR RETALIATION AGAINST ANY SCHOOL EMPLOYEE WHO: (1) DISCLOSES OR THREATENS TO DISCLOSE TO A SUPERVISOR OR APPROPRIATE ENTITY A POLICY OR PRACTICE WHICH THE EMPLOYEE REASONABLY BELIEVES IS IN VIOLATION OF LAW; (2) PROVIDES INFORMATION TO ANY PUBLIC BODY CONDUCTING AN INVESTIGATION OR INQUIRY INTO ANY ALLEGED VIOLATION OF LAW; OR (3) OBJECTS TO, OR REFUSES TO PARTICIPATE IN ANY ACTIVITY, POLICY OR PRACTICE WHICH THE EMPLOYEE REASONABLY BELIEVES IS IN VIOLATION OF LAW, IS FRAUDULENT OR CRIMINAL, OR IS INCOMPATIBLE WITH PUBLIC HEALTH OR SAFETY. THIS POLICY IS INCLUDED IN THE STAFF HANDBOOK. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 11b: Form 990 Review Process |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | DOCUMENT RETENTION & DESTRUCTION POLICY |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | WHISTLEBLOWER POLICY |
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| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DONNA TORRES |
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| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 601 GRAND AVE |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.