Civic Intelligence

Hope Academy Charter School

990 • Fiscal year 2019 • EIN 22-3785563

Jul 01, 2018 to Jun 30, 2019

Organization Profilewww.hopeacademycs.org
Asbury Park, NJ
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.71x

Higher debt load relative to assets than 73% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

83rd percentile

1.23x

Higher debt load relative to revenue than 83% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Net Margin

62nd percentile

6.1%

Higher net margin than 62% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

53rd percentile

5.4%

Faster asset growth than 53% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

60th percentile

7.7%

Faster revenue growth than 60% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$7,292,830

Up $373,576 (+5.4%) from 2018

Net Assets

Up

$2,096,665

Up $258,009 (+14%) from 2018

Liabilities

Up

$5,196,165

Up $115,567 (+2.3%) from 2018

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin62nd percentile

Revenue

Up

$4,221,023

Up $303,158 (+7.7%) from 2018

Expenses

Up

$3,963,014

Up $457,049 (+13%) from 2018

Net Income

Down

$258,009

Down $153,891 (-37%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth53rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $795,162Liabilities 2011: $57,194Net Assets 2011: $737,9682011Assets 2012: $944,908Liabilities 2012: $128,074Net Assets 2012: $816,8342012Assets 2013: $1,083,161Liabilities 2013: $103,602Net Assets 2013: $979,5592013Assets 2014: $1,319,982Liabilities 2014: $170,772Net Assets 2014: $1,149,2102014Assets 2015: $1,614,055Liabilities 2015: $886,789Net Assets 2015: $727,2662015Assets 2016: $2,049,674Liabilities 2016: $939,392Net Assets 2016: $1,110,2822016Assets 2017: $6,734,321Liabilities 2017: $5,307,565Net Assets 2017: $1,426,7562017Assets 2018: $6,919,254Liabilities 2018: $5,080,598Net Assets 2018: $1,838,6562018Assets 2019: $7,292,830Liabilities 2019: $5,196,165Net Assets 2019: $2,096,6652019Assets 2020: $8,520,625Liabilities 2020: $5,641,405Net Assets 2020: $2,879,2202020Assets 2021: $9,005,380Liabilities 2021: $5,488,096Net Assets 2021: $3,517,2842021Assets 2022: $10,130,909Liabilities 2022: $5,722,997Net Assets 2022: $4,407,9122022Assets 2023: $10,783,367Liabilities 2023: $5,455,790Net Assets 2023: $5,327,5772023Assets 2024: $11,746,615Liabilities 2024: $5,213,248Net Assets 2024: $6,533,3672024

Highlighted filing

2019

Assets$7,292,830
Liabilities$5,196,165
Net Assets$2,096,665
Open 2019 Filing

Operations Trend

Revenue Growth60th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0Expenses 2011: $3,516,5962011Expenses 2012: $3,673,9962012Revenue 2013: $3,991,831Expenses 2013: $3,829,106Net Income 2013: $162,7252013Revenue 2014: $3,921,394Expenses 2014: $3,751,743Net Income 2014: $169,6512014Revenue 2015: $3,646,580Expenses 2015: $3,445,695Net Income 2015: $200,8852015Revenue 2016: $3,743,727Expenses 2016: $3,360,711Net Income 2016: $383,0162016Revenue 2017: $3,775,205Expenses 2017: $3,458,731Net Income 2017: $316,4742017Revenue 2018: $3,917,865Expenses 2018: $3,505,965Net Income 2018: $411,9002018Revenue 2019: $4,221,023Expenses 2019: $3,963,014Net Income 2019: $258,0092019Revenue 2020: $4,831,339Expenses 2020: $4,195,805Net Income 2020: $635,5342020Revenue 2021: $5,176,124Expenses 2021: $4,538,060Net Income 2021: $638,0642021Revenue 2022: $6,592,241Expenses 2022: $5,873,252Net Income 2022: $718,9892022Revenue 2023: $6,791,618Expenses 2023: $6,048,069Net Income 2023: $743,5492023Revenue 2024: $6,932,529Expenses 2024: $5,726,739Net Income 2024: $1,205,7902024

Highlighted filing

2019

Revenue$4,221,023
Expenses$3,963,014
Net Income$258,009
Open 2019 Filing
Filing Detail Status

This 2019 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)
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Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Mission and Program Overview

Mission

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!

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$7,292,830
Liabilities
$5,196,165
Net assets
$2,096,665
Revenue
$4,221,023
Expenses
$3,963,014
Net income
$258,009
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.7$5.21$6.53$6.93$5.73$1.21
2023Detailed filing. Detailed filing data is available for this year.$10.8$5.46$5.33$6.79$6.05$0.74
2022Detailed filing. Detailed filing data is available for this year.$10.1$5.72$4.41$6.59$5.87$0.72
2021Detailed filing. Detailed filing data is available for this year.$9.01$5.49$3.52$5.18$4.54$0.64
2020Summary only. Only limited summary data is available for this year.$8.52$5.64$2.88$4.83$4.20$0.64
2019Summary only. Only limited summary data is available for this year.$7.29$5.20$2.10$4.22$3.96$0.26
2018Summary only. Only limited summary data is available for this year.$6.92$5.08$1.84$3.92$3.51$0.41
2017Summary only. Only limited summary data is available for this year.$6.73$5.31$1.43$3.78$3.46$0.32
2016Detailed filing. Detailed filing data is available for this year.$2.05$0.94$1.11$3.74$3.36$0.38
2015Detailed filing. Detailed filing data is available for this year.$1.61$0.89$0.73$3.65$3.45$0.20
2014Detailed filing. Detailed filing data is available for this year.$1.32$0.17$1.15$3.92$3.75$0.17
2013Summary only. Only limited summary data is available for this year.$1.08$0.10$0.98$3.99$3.83$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.13$0.82$3.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.06$0.74$3.52