Civic Intelligence

New Hope Academy Charter School

990 • Fiscal year 2013 • EIN 27-2014140

Jul 01, 2012 to Jun 30, 2013 • Filed on Oct 22, 2013

475 E57th Street11203
Siviq Scores

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

Liabilities / Assets

86th percentile

0.77x

Higher debt load relative to assets than 86% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

9th percentile

-13%

Faster asset growth than 9% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$809,773

Down $123,757 (-13%) from 2012

Net Assets

Up

$184,805

Up $76,021 (+70%) from 2012

Liabilities

Down

$624,968

Down $199,778 (-24%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$4,581,646

Up $771,253 (+20%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2012: $933,530Liabilities 2012: $824,746Net Assets 2012: $108,7842012Assets 2013: $809,773Liabilities 2013: $624,968Net Assets 2013: $184,8052013Assets 2014: $1,176,174Liabilities 2014: $545,046Net Assets 2014: $631,1282014Assets 2015: $1,081,853Liabilities 2015: $445,451Net Assets 2015: $636,4022015Assets 2016: $884,728Liabilities 2016: $758,071Net Assets 2016: $126,6572016Assets 2017: $887,411Liabilities 2017: $734,046Net Assets 2017: $153,3652017Assets 2018: $757,365Liabilities 2018: $666,962Net Assets 2018: $90,4032018Assets 2019: $38,925Liabilities 2019: $86,134Net Assets 2019: -$47,2092019Assets 2020: $36,732Liabilities 2020: $83,941Net Assets 2020: -$47,2092020

Highlighted filing

2013

Assets$809,773
Liabilities$624,968
Net Assets$184,805

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $3,810,3932012Expenses 2013: $4,581,6462013Revenue 2014: $5,640,321Expenses 2014: $5,278,998Net Income 2014: $361,3232014Revenue 2015: $5,946,953Expenses 2015: $5,941,679Net Income 2015: $5,2742015Revenue 2016: $6,112,662Expenses 2016: $6,622,407Net Income 2016: -$509,7452016Revenue 2017: $5,875,240Expenses 2017: $5,848,532Net Income 2017: $26,7082017Revenue 2018: $5,310,702Expenses 2018: $5,373,664Net Income 2018: -$62,9622018Revenue 2019: $43,319Expenses 2019: $0Net Income 2019: $43,3192019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020

Highlighted filing

2013

Revenue-
Expenses$4,581,646
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Oct 22, 2013
Return Version
2012v2.0
Gross Receipts
$4,657,667
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.

Filing and Contact Details

Filer

EIN
27-2014140
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IRS990ScheduleE/Form990ScheduleEPartII/Explanation0AN EXTENSIVE OUTREACH EFFORT IN THE LOCAL COMMUNITY AND NHACS WILL NOT BE SELECTIVE IN ANY WAY. THE GOAL OF THE OUTREACH PLAN IS TO PROVIDE AS MUCH INFORMATION AS POSSIBLE TO FAMILIES WHO MAY BE INTERESTED IN ENROLLING THEIR CHILD. TO ACHIEVE THE END, INFORMATION KITS CONTAINING BROCHURES FLYERS, APPLICATION FORMS, AND VITAL SCHOOL INFORMATION, WILL BE
IRS990ScheduleE/Form990ScheduleEPartII/Explanation1THE SCHOOL WILL ADHERE TO THE PROVISIONS OF SECTION 2854(2) OF THE EDUCATION LAW TO GUIDE THE ADMISSION POLICIES AND PROCEDURES. AS PER 2854(2)(A)OR(B)THE SCHOOL WILL BE OPEN TO ANY STUDENT WHO IS QUALIFIED UNDER THE LAWS OF NEW YORK FOR
IRS990ScheduleE/Form990ScheduleEPartII/Explanation2ADMISSION OF STUDENTS WILL NOT BE ON THE BASIS OF INTELLECTUAL
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IRS990ScheduleO/GeneralExplanation/Explanation4of Interest Policy. Financial Statements are filed with
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IRS990ScheduleO/GeneralExplanation/Explanation6annually with the School's authorizer.
IRS990ScheduleO/GeneralExplanation/Explanation7The Board is provided a range of comparable salaries
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IRS990ScheduleO/GeneralExplanation/Explanation10The Governing Documents are made available upon request,
IRS990ScheduleO/GeneralExplanation/Explanation11and in the Charter of the Organization. The Conflict of
IRS990ScheduleO/GeneralExplanation/Explanation12Interest Policy is kept in the Policies and Procedures
IRS990ScheduleO/GeneralExplanation/Explanation13Manual, this is filed with the School's Authorizer.
IRS990ScheduleO/GeneralExplanation/Explanation14OTHER 96192. 89236. 6956. 0. UTILITIES 121199. 112438. 8761. 0. EQUIPMENT / FURNISHINGS 110605. 102610. 7995. 0. TECHNOLOGY 34798. 32283. 2515. 0.
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