Civic Intelligence

Hope Academy 2 Inc.

990 • Fiscal year 2016 • EIN 26-1393612

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 15, 2017

Organization Profile
1100 Old Dixie HighwayHomestead, FL 33030

(786) 573-4435

Siviq Scores

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

Liabilities / Assets

84th percentile

0.66x

Higher debt load relative to assets than 84% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

83rd percentile

0.87x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

70th percentile

11%

Higher net margin than 70% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

57th percentile

3.3%

Faster asset growth than 57% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

53rd percentile

3.9%

Faster revenue growth than 53% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$3,362,428

Up $108,787 (+3.3%) from 2015

Net Assets

Up

$1,130,353

Up $543,704 (+93%) from 2015

Liabilities

Down

$2,232,075

Down $434,917 (-16%) from 2015

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin70th percentile

Revenue

Up

$2,559,798

Up $97,106 (+3.9%) from 2015

Expenses

Up

$2,275,961

Up $303,382 (+15%) from 2015

Net Income

Down

$283,837

Down $206,276 (-42%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$6.0M$4.0M$2.0M$0Assets 2015: $3,253,641Liabilities 2015: $2,666,992Net Assets 2015: $586,6492015Assets 2016: $3,362,428Liabilities 2016: $2,232,075Net Assets 2016: $1,130,3532016Assets 2017: $3,769,260Liabilities 2017: $2,166,545Net Assets 2017: $1,602,7152017Assets 2018: $3,941,825Liabilities 2018: $3,098,926Net Assets 2018: $842,8992018Assets 2019: $1,286,669Liabilities 2019: $408,754Net Assets 2019: $877,9152019Assets 2020: $2,193,668Liabilities 2020: $768,025Net Assets 2020: $1,425,6432020Assets 2021: $2,804,853Liabilities 2021: $437,555Net Assets 2021: $2,367,2982021Assets 2023: $4,286,663Liabilities 2023: $686,021Net Assets 2023: $3,600,6422023Assets 2024: $4,606,875Liabilities 2024: $480,341Net Assets 2024: $4,126,5342024

Highlighted filing

2016

Assets$3,362,428
Liabilities$2,232,075
Net Assets$1,130,353
Open 2016 Filing

Operations Trend

Revenue Growth53rd percentile

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

$6.0M$4.0M$2.0M$0Revenue 2015: $2,462,692Expenses 2015: $1,972,579Net Income 2015: $490,1132015Revenue 2016: $2,559,798Expenses 2016: $2,275,961Net Income 2016: $283,8372016Revenue 2017: $2,847,759Expenses 2017: $2,385,700Net Income 2017: $462,0592017Revenue 2018: $2,982,598Expenses 2018: $2,777,905Net Income 2018: $204,6932018Revenue 2019: $3,211,106Expenses 2019: $3,176,090Net Income 2019: $35,0162019Revenue 2020: $3,648,812Expenses 2020: $3,108,794Net Income 2020: $540,0182020Revenue 2021: $4,192,680Expenses 2021: $3,384,979Net Income 2021: $807,7012021Revenue 2023: $4,307,479Expenses 2023: $3,738,964Net Income 2023: $568,5152023Revenue 2024: $4,276,852Expenses 2024: $3,750,960Net Income 2024: $525,8922024

Highlighted filing

2016

Revenue$2,559,798
Expenses$2,275,961
Net Income$283,837
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 15, 2017
Return Version
2016v3.0
Gross Receipts
$2,559,798
Mission and Program Overview

Mission

EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,716,062$2,635,992▼ $80,070
Rtn Earn Endowment Incm Other Fnds$586,649$1,130,353▲ $543,704
Cash and Non-Interest-Bearing Accounts$533,276$722,133▲ $188,857
Loans From Officers Directors$225,044$225,044→ $0
Total Assets$3,253,641$3,362,428▲ $108,787
Other Assets Total$4,303$4,303→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,428,362$1,998,297▼ $430,065
Accounts Payable and Accrued Expenses$13,586$8,734▼ $4,852
Total Liabilities$2,666,992$2,232,075▼ $434,917
Net Assets / Fund Balance
Total Net Assets Fund Balance$586,649$1,130,353▲ $543,704
Total Liabilities and Net Assets / Fund Balance$3,253,641$3,362,428▲ $108,787

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,590,447$632,053$2,222,500
Land$952,500-$952,500
Equipment$93,045$215,683$308,728
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Nirvala AutarPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$2,236,797
Program Service Revenue
$278,740
Investment Income
$366
Other Revenue
$43,895
Change in Net Assets
$283,837
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,339,433
Other Expenses$936,528
Total Fundraising Expense$306,197
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,079,407--$1,079,407
Fees for Services Other$378,162-$306,197$684,359
Payroll Taxes$193,142--$193,142
Depreciation Depletion$97,819--$97,819
Interest$89,793--$89,793
Other Employee Benefits$66,884--$66,884
Insurance$41,135--$41,135
Office Expenses$10,716--$10,716
Fees for Services Accounting$5,150--$5,150
Travel$4,468--$4,468
Information Technology$2,168--$2,168
Advertising$920--$920
Total Functional Expenses$1,969,764$0$306,197$2,275,961
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$225,044$225,044→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“REVIEW BY COMMITTEE”

Form 990, Page 6, Part VI, Line 19

“AVAIABLE TO THE PUBLIC”

Filing and Contact Details

Filer

Filer Name
Hope Academy 2 Inc
EIN
26-1393612
Phone
7865734435
Address
1100 OLD DIXIE HIGHWAY, HOMESTEAD, FL 33030
Doing Business As
Hope Academy 2 Inc

Signing Officer

Name
Nirvala Autar
Title
President
Phone
7865734435
Signed
2017-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nirvala Autar
Voting Board Members
5
Independent Board Members
5
Employees
50

Preparer

Firm
Profit Planners Management Inc
Address
16201 SW 95TH AVE STE 104, MIAMI, FL 33157-3459
Preparer
Stanley Mandel
Phone
3052322931
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Graduation and education of students”

Form 990, Part IX, Line 11G

“Donations 1,000 0 0 graduation 995 0 0 janitorial 34,209 0 0 license and fees 5,627 0 0 miscellaneous 9,594 0 0 postage and delivery 866 0 0 repair and maintenance 39,238 0 0 security expense 4,504 0 0 utilities 31,496 0 0 vehicle-bus expenses 98,783 0 0 telephone expenses 15,916 0 0 substitute teachers 3,050 0 0 food program cost 0 0 268,710 casual labor 33,047 0 0 equipment lease 7,116 0 0 fundraising expenses 0 0 37,487 bank charges 379 0 0 landscaping 3,770 0 0 classroom expenses 2,889 0 0 refinancing fees 74,411 0 0 testing and school supplies 5,722 0 0 fines and penalties 5,550 0 0 total 378,162 0 306,197”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DONATIONS 1,000 0 0 GRADUATION 995 0 0 JANITORIAL 34,209 0 0 LICENSE AND FEES 5,627 0 0 MISCELLANEOUS 9,594 0 0 POSTAGE AND DELIVERY 866 0 0 REPAIR AND MAINTENANCE 39,238 0 0 SECURITY EXPENSE 4,504 0 0 UTILITIES 31,496 0 0 VEHICLE-BUS EXPENSES 98,783 0 0 TELEPHONE EXPENSES 15,916 0 0 SUBSTITUTE TEACHERS 3,050 0 0 FOOD PROGRAM COST 0 0 268,710 CASUAL LABOR 33,047 0 0 EQUIPMENT LEASE 7,116 0 0 FUNDRAISING EXPENSES 0 0 37,487 BANK CHARGES 379 0 0 LANDSCAPING 3,770 0 0 CLASSROOM EXPENSES 2,889 0 0 REFINANCING FEES 74,411 0 0 TESTING AND SCHOOL SUPPLIES 5,722 0 0 FINES AND PENALTIES 5,550 0 0 TOTAL 378,162 0 306,197
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IRS990/TotalOtherProgSrvcExpenseAmt01968764
IRS990/TotalProgramServiceExpensesAmt01969764
IRS990/TotalProgramServiceRevenueAmt0278740
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0323001
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02559798
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03253641
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03362428
IRS990/TravelGrp/ProgramServicesAmt04468
IRS990/TravelGrp/TotalAmt04468
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01100 OLD DIXIE HIGHWAY
IRS990/USAddress/CityNm0HOMESTEAD
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033030
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NIRVALA AUTAR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07865734435
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOPE ACADEMY 2 INC
ReturnHeader/Filer/BusinessNameControlTxt0HOPE
ReturnHeader/Filer/EIN0261393612
ReturnHeader/Filer/PhoneNum07865734435
ReturnHeader/Filer/USAddress/AddressLine1Txt01100 OLD DIXIE HIGHWAY
ReturnHeader/Filer/USAddress/CityNm0HOMESTEAD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033030
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06C01B8DAE04ECEB00C6A128BC56A6F93406C0A66
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06C01B8DAE04ECEB00C6A128BC56A6F93406C0A66
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0900450030
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PROFIT PLANNERS MANAGEMENT INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016201 SW 95TH AVE STE 104
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIAMI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0331573459
ReturnHeader/PreparerPersonGrp/PhoneNum03052322931
ReturnHeader/PreparerPersonGrp/PreparationDt02017-03-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STANLEY MANDEL
ReturnHeader/ReturnTs02017-04-03T20:39:12+00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,362,428
Liabilities
$2,232,075
Net assets
$1,130,353
Revenue
$2,559,798
Expenses
$2,275,961
Net income
$283,837
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.61$0.48$4.13$4.28$3.75$0.53
2023Detailed filing. Detailed filing data is available for this year.$4.29$0.69$3.60$4.31$3.74$0.57
2021Detailed filing. Detailed filing data is available for this year.$2.80$0.44$2.37$4.19$3.38$0.81
2020Detailed filing. Detailed filing data is available for this year.$2.19$0.77$1.43$3.65$3.11$0.54
2019Detailed filing. Detailed filing data is available for this year.$1.29$0.41$0.88$3.21$3.18$0.04
2018Detailed filing. Detailed filing data is available for this year.$3.94$3.10$0.84$2.98$2.78$0.20
2017Detailed filing. Detailed filing data is available for this year.$3.77$2.17$1.60$2.85$2.39$0.46
2016Detailed filing. Detailed filing data is available for this year.$3.36$2.23$1.13$2.56$2.28$0.28
2015Detailed filing. Detailed filing data is available for this year.$3.25$2.67$0.59$2.46$1.97$0.49