Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
New Hope Academy Charter School
EIN 27-2014140 • 501(c)3 • Brooklyn, NY
Profile
To provide a safe structured and quality learning community where students creativity and potential will flourish. We employ a committed and well-equipped staff whose excellence in teaching and high academic and behavioral expectations promotes excellence.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
2.29x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on the latest valid filing.
Top Officer Pay
99th percentile
Higher top officer pay than 99% of similar nonprofits.
Top officer pay equals 1.7% of source-year revenue.
Asset Growth
44th percentile
Faster asset growth than 44% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Balance Sheet
Assets
Down$36,732
Down $2,193 (-5.6%) from 2019
Liabilities
Down$83,941
Down $2,193 (-2.5%) from 2019
Net Assets
Flat-$47,209
Flat from 2019
Revenue
Down$0
Down $43,319 (-100%) from 2019
Expenses
Flat$0
Flat from 2019
Net Income
Down$0
Down $43,319 (-100%) from 2019
Trend Graphs
Filings
Most recent year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $36,732
- Liabilities
- $83,941
- Net assets
- -$47,209
- Revenue
- $0
- Expenses
- $0
- Net income
- $0
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2019 to Jun 30, 2020
- Signed
- May 17, 2021
- Return Version
- 2019v5.2
- Gross Receipts
- $0
Mission and Program Overview
Mission
To provide a safe, structured and quality learning community where students' creativity and potential flourish. The academy employs a committed and well-equipped staff whose excellence in teaching and high academic and behavioral expectations promote the excellence the community's children can achieve.
To provide a safe, structured and quality learning community where students' creativity and potential flourish. The academy employs a committed and well-equipped staff whose excellence in teaching and high academic and behavioral expectations promote the excellence the community's children can achieve. The school ceased operations july, 1, 2018 and is now in the process of dissolving.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE SCHOOL CEASED OPERATIONS JULY 1, 2018. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TERRENCE BRUMMELL | Board Member | - | $0 | - | - |
| SHERLYN RICHARDSON | Board Member | - | $0 | - | - |
| NICOLE LANGLAISE | Board Member | - | $0 | - | - |
| ALISHA GOODRIDGE | Board Member | - | $0 | - | - |
| CHARMAINE SANCHEZ | Board Member | - | $0 | - | - |
| ROSE GRAHAM | Board Member | - | $0 | - | - |
| ZINA CUDJOE | Board Member | - | $0 | - | - |
| IVET LAYNE | Board Member | - | $0 | - | - |
| ORLANDO FINDLAYTER | Chair | - | $0 | - | - |
| RAYMOND THOMAS | Treasurer / Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- New Hope Academy Charter School
- EIN
- 27-2014140
- Phone
- 7183378303
- Address
- 475 E 57TH ST, BROOKLYN, NY 11203
Signing Officer
- Name
- Josh Moreau
- Title
- Authorized Officer
- Phone
- 7183378303
- Signed
- 2021-05-17
- Discuss with paid preparer
- Yes
Preparer
- Firm
- PKF O'CONNOR DAVIES LLP
- Address
- 500 MAMARONECK AVENUE, HARRISON, NY 10528-1633
- Preparer
- Garrett M Higgins
- Phone
- 9143818900
Supplemental Narrative
Additional Explanations
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable and accrued expenses. Beg. Of year amount: 75,052. End of year amount: 72,859. Description: deferred revenue. Beg. Of year amount: 11,082. End of year amount: 11,082.”
Raw XML Appendix176 raw XML fields
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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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE A SAFE, STRUCTURED AND QUALITY LEARNING COMMUNITY WHERE STUDENTS' CREATIVITY AND POTENTIAL FLOURISH. THE ACADEMY EMPLOYS A COMMITTED AND WELL-EQUIPPED STAFF WHOSE EXCELLENCE IN TEACHING AND HIGH ACADEMIC AND BEHAVIORAL EXPECTATIONS PROMOTE THE EXCELLENCE THE COMMUNITY'S CHILDREN CAN ACHIEVE. THE SCHOOL CEASED OPERATIONS JULY, 1, 2018 AND IS NOW IN THE PROCESS OF DISSOLVING. |
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| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 0 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | AS A PUBLIC SCHOOL SUBJECT TO OPEN ENROLLMENT, THE CHARTER SCHOOL IS NOT SUBJECT TO SPECIFIC GUIDELINES SET FORTH IN REV. PROC. 75-50. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | THE SCHOOL IS FREE TO ALL STUDENTS AND DOES NOT OFFER SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, PART I, LINE 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE E, PART I, LINE 4 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 75,052. END OF YEAR AMOUNT: 72,859. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 11,082. END OF YEAR AMOUNT: 11,082. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 105281633 |
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| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-05-17 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GARRETT M HIGGINS |
| ReturnHeader/ReturnTs | 0 | 2021-05-17T19:56:33-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-06-30 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
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