Civic Intelligence

Hope Academy Inc

990EZ • Fiscal year 2016 • EIN 38-3878528

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

Organization ProfileN/A
12592 Chatham RdAxton, VA 24054

(276) 650-8693

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

18th percentile

-17%

Higher net margin than 18% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

4th percentile

-83%

Faster asset growth than 4% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

34th percentile

-9.9%

Faster revenue growth than 34% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$1,645

Down $7,783 (-83%) from 2015

Net Assets

Down

$1,645

Down $7,783 (-83%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin18th percentile

Revenue

Down

$45,957

Down $5,058 (-9.9%) from 2015

Expenses

Up

$53,740

Up $962 (+1.8%) from 2015

Net Income

Down

-$7,783

Down $6,020 (-341%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$10K$5.0K$0Assets 2015: $9,428Liabilities 2015: $0Net Assets 2015: $9,4282015Assets 2016: $1,645Liabilities 2016: $0Net Assets 2016: $1,6452016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2016

Assets$1,645
Liabilities$0
Net Assets$1,645
Open 2016 Filing

Operations Trend

Revenue Growth34th percentile

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

$60K$40K$20K$0-$20KRevenue 2015: $51,015Expenses 2015: $52,778Net Income 2015: -$1,7632015Revenue 2016: $45,957Expenses 2016: $53,740Net Income 2016: -$7,7832016Revenue 2017: $25,471Expenses 2017: $27,116Net Income 2017: -$1,6452017

Highlighted filing

2016

Revenue$45,957
Expenses$53,740
Net Income-$7,783
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$45,957
Mission and Program Overview

Mission

To provide private education.

To provide private education

Program Services

DescriptionGrantsExpenses
PROVIDED EDUCATION TO THE YOUTH OF HENRY COUNTY AND SURROUNDING AREAS--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STARLETT M HEDRICKPresident-$0--
Filing and Contact Details

Filer

Filer Name
Hope Academy Inc
EIN
38-3878528
Address
12592 CHATHAM RD, AXTON, VA 24054

Signing Officer

Name
Starlett M Hedrick
Title
President
Phone
2766508693
Signed
2017-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Janet Reynolds and Assoc Inc
Address
15670 CALLANDS RD, CALLANDS, VA 24530
Preparer
Stacey Gauldin
Phone
4347247293
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountinsurance 2,010supplies 528trips 193irs filing fee 850fundraising expense 1,517scc 25”

Description of other assets Part II line 24

“Category beginning of year end of yearless accumulated depreciation 732 518”

Raw XML Appendix126 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0HOPE ACADEMY NC
IRS990EZ/BooksInCareOfDetail/PhoneNum02766508693
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt012711 CHATHAM RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0AXTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd024054
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08696
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01127
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt024399
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7783
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01865
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt09428
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01645
IRS990EZ/GrossReceiptsAmt045957
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt09428
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01645
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt09428
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01645
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STARLETT M HEDRICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0732
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0518
IRS990EZ/OtherExpensesTotalAmt05123
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE PRIVATE EDUCATION
IRS990EZ/ProgramServiceRevenueAmt021558
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED EDUCATION TO THE YOUTH OF HENRY COUNTY AND SURROUNDING AREAS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt046752
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt053740
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt045957
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTINSURANCE 2,010SUPPLIES 528TRIPS 193IRS FILING FEE 850FUNDRAISING EXPENSE 1,517SCC 25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARLESS ACCUMULATED DEPRECIATION 732 518
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STARLETT M HEDRICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02766508693
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOPE ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0HOPE
ReturnHeader/Filer/EIN0383878528
ReturnHeader/Filer/USAddress/AddressLine1Txt012592 CHATHAM RD
ReturnHeader/Filer/USAddress/CityNm0AXTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024054
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D7B34B627ABF0DF9AB553962CB27134C29910448
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D7B34B627ABF0DF9AB553962CB27134C29910448
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId054556020171354mamvmh
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02017-05-15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt076.5.83.66
ReturnHeader/FilingSecurityInformation/IPDt02017-05-15
ReturnHeader/FilingSecurityInformation/IPTm014:32:42
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541991474
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JANET REYNOLDS AND ASSOC INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015670 CALLANDS RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CALLANDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd024530
ReturnHeader/PreparerPersonGrp/PhoneNum04347247293
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Stacey Gauldin
ReturnHeader/ReturnTs02017-05-15T14:17:17-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$1,645
Liabilities
$0
Net assets
$1,645
Revenue
$45,957
Expenses
$53,740
Net income
-$7,783
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$25.5$27.1$1.65
2016Detailed filing. Detailed filing data is available for this year.$1.65$0.00$1.65$46.0$53.7$7.78
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$9.43$0.00$9.43$51.0$52.8$1.76