Civic Intelligence

New Hope Academy

990EZ • Fiscal year 2014 • EIN 46-1597279

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 13, 2015

100 North 100 WestAmerican Fork, UT 84003

(801) 772-1092

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.73x

Higher debt load relative to assets than 92% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

86th percentile

0.20x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

67th percentile

12%

Higher net margin than 67% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

92nd percentile

$48,200

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 25.7% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

97th percentile

335%

Faster asset growth than 97% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

85th percentile

49%

Faster revenue growth than 85% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$51,158

Up $39,393 (+335%) from 2013

Net Assets

Up

$13,940

Up $21,895 (+275%) from 2013

Liabilities

Up

$37,218

Up $17,498 (+89%) from 2013

Revenue

Up

$187,269

Up $61,359 (+49%) from 2013

Expenses

Up

$165,374

Up $37,586 (+29%) from 2013

Net Income

Up

$21,895

Up $23,773 (+1266%) from 2013

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2013: $11,765Liabilities 2013: $19,720Net Assets 2013: -$7,9552013Assets 2014: $51,158Liabilities 2014: $37,218Net Assets 2014: $13,9402014Assets 2015: $72,786Liabilities 2015: $53,692Net Assets 2015: $19,0942015Assets 2016: $47,975Liabilities 2016: $79,824Net Assets 2016: -$31,8492016Assets 2017: $67,521Liabilities 2017: $328Net Assets 2017: $67,1932017Assets 2018: $97,552Liabilities 2018: $619Net Assets 2018: $96,9332018Assets 2019: $104,482Liabilities 2019: $6,404Net Assets 2019: $98,0782019Assets 2020: $243,567Liabilities 2020: $175,677Net Assets 2020: $67,8902020Assets 2021: $327,136Liabilities 2021: $177,554Net Assets 2021: $149,5822021Assets 2022: $291,570Liabilities 2022: $173,003Net Assets 2022: $118,5672022Assets 2023: $174,877Liabilities 2023: $162,052Net Assets 2023: $12,8252023Assets 2024: $173,480Liabilities 2024: $159,708Net Assets 2024: $13,7722024

Highlighted filing

2014

Assets$51,158
Liabilities$37,218
Net Assets$13,940

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2013: $125,910Expenses 2013: $127,788Net Income 2013: -$1,8782013Revenue 2014: $187,269Expenses 2014: $165,374Net Income 2014: $21,8952014Revenue 2015: $286,015Expenses 2015: $280,861Net Income 2015: $5,1542015Revenue 2016: $277,016Expenses 2016: $329,290Net Income 2016: -$52,2742016Revenue 2017: $430,377Expenses 2017: $331,335Net Income 2017: $99,0422017Revenue 2018: $479,712Expenses 2018: $449,972Net Income 2018: $29,7402018Revenue 2019: $464,401Expenses 2019: $463,256Net Income 2019: $1,1452019Revenue 2020: $379,579Expenses 2020: $409,767Net Income 2020: -$30,1882020Revenue 2021: $512,060Expenses 2021: $430,368Net Income 2021: $81,6922021Revenue 2022: $503,782Expenses 2022: $534,797Net Income 2022: -$31,0152022Revenue 2023: $527,733Expenses 2023: $633,475Net Income 2023: -$105,7422023Revenue 2024: $580,504Expenses 2024: $579,557Net Income 2024: $9472024

Highlighted filing

2014

Revenue$187,269
Expenses$165,374
Net Income$21,895
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 13, 2015
Return Version
2014v5.0
Gross Receipts
$187,269
Mission and Program Overview

Mission

New hope academy is a private school set up specifically to meet the needs of challenging kids. The majority of our students have been diagnosed with reactive attachment disorder (rad). The goal of new hope academy is to create a consistent and safe environment that allows a child to have the best opportunity to gain the skills necessary to be a contributing member to their family, to learn and to have a positive impact on society.

Program Services

DescriptionGrantsExpenses
NEW HOPE ACADEMY IS A PRIVATE SCHOOL SET UP SPECIFICALLY TO MEET THE NEEDS OF CHALLENGING KIDS. THE MAJORITY OF OUR STUDENTS HAVE BEEN DIAGNOSED WITH REACTIVE ATTACHMENT DISORDER (RAD). THE GOAL OF NEW HOPE ACADEMY IS TO CREATE A CONSISTENT AND SAFE ENVIRONMENT THAT ALLOWS A CHILD TO HAVE THE BEST OPPORTUNITY TO GAIN THE SKILLS NECESSARY TO BE A CONTRIBUTING MEMBER TO THEIR FAMILY, TO LEARN AND TO HAVE A POSITIVE IMPACT ON SOCIETY.-$158,308
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LAURALEE NORTONExecutive DiFT$48,200-$48,200
KASEY HARMERExecutive DiFT$48,200-$48,200
KELLY BREADYBoard Member-$0--
DENICE RONEYBoard Member-$0--
TEDDI VON PINGELBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
New Hope Academy
EIN
46-1597279
Phone
8017721092
Address
100 NORTH 100 WEST, AMERICAN FORK, UT 84003

Signing Officer

Name
Lauralee Norton
Title
Executive Director
Phone
8017721092
Signed
2015-08-13
Discuss with paid preparer
Yes

Preparer

Firm
Hintonburdick Pllc
Address
63 SOUTH 300 EAST STE 100, ST GEORGE, UT 84770-2948
Preparer
Todd Feltner CPA
Phone
4356283663
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 265 office supplies 11,248 internet 1,123 computer 116 travel 4,099 insurance 4,435 licenses and permits 85 telephone 3,990 processing fees 5 non-investment depreciation 52 total 25,418

Form 990-ez, Part II, Line 24

Accounts receivable 5,608 4,643 sound system 0 1,037 less accumulated depreciation 0 52 security deposit-landlord 1,000 1,000 employee advances 1,000 1,000 total 7,608 7,628

Form 990-ez, Part II, Line 26

Deferred revenue 18,964 37,218 chase visa -71 0 payroll liabilities 827 0

Form 990-ez, Part III

New hope academy is a private school set up specifically to meet the needs of challenging kids. The majority of our students have been diagnosed with reactive attachment disorder (rad). The goal of new hope academy is to create a consistent and safe environment that allows a child to have the best opportunity to gain the skills necessary to be a contributing member to their family, to learn and to have a positive impact on society.

Form 990-ez, Part III, Line 28

New hope academy is a private school set up specifically to meet the needs of challenging kids. The majority of our students have been diagnosed with reactive attachment disorder (rad). The goal of new hope academy is to create a consistent and safe environment that allows a child to have the best opportunity to gain the skills necessary to be a contributing member to their family, to learn and to have a positive impact on society.

Raw XML Appendix143 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 265 OFFICE SUPPLIES 11,248 INTERNET 1,123 COMPUTER 116 TRAVEL 4,099 INSURANCE 4,435 LICENSES AND PERMITS 85 TELEPHONE 3,990 PROCESSING FEES 5 NON-INVESTMENT DEPRECIATION 52 TOTAL 25,418
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 5,608 4,643 SOUND SYSTEM 0 1,037 LESS ACCUMULATED DEPRECIATION 0 52 SECURITY DEPOSIT-LANDLORD 1,000 1,000 EMPLOYEE ADVANCES 1,000 1,000 TOTAL 7,608 7,628
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DEFERRED REVENUE 18,964 37,218 CHASE VISA -71 0 PAYROLL LIABILITIES 827 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NEW HOPE ACADEMY IS A PRIVATE SCHOOL SET UP SPECIFICALLY TO MEET THE NEEDS OF CHALLENGING KIDS. THE MAJORITY OF OUR STUDENTS HAVE BEEN DIAGNOSED WITH REACTIVE ATTACHMENT DISORDER (RAD). THE GOAL OF NEW HOPE ACADEMY IS TO CREATE A CONSISTENT AND SAFE ENVIRONMENT THAT ALLOWS A CHILD TO HAVE THE BEST OPPORTUNITY TO GAIN THE SKILLS NECESSARY TO BE A CONTRIBUTING MEMBER TO THEIR FAMILY, TO LEARN AND TO HAVE A POSITIVE IMPACT ON SOCIETY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NEW HOPE ACADEMY IS A PRIVATE SCHOOL SET UP SPECIFICALLY TO MEET THE NEEDS OF CHALLENGING KIDS. THE MAJORITY OF OUR STUDENTS HAVE BEEN DIAGNOSED WITH REACTIVE ATTACHMENT DISORDER (RAD). THE GOAL OF NEW HOPE ACADEMY IS TO CREATE A CONSISTENT AND SAFE ENVIRONMENT THAT ALLOWS A CHILD TO HAVE THE BEST OPPORTUNITY TO GAIN THE SKILLS NECESSARY TO BE A CONTRIBUTING MEMBER TO THEIR FAMILY, TO LEARN AND TO HAVE A POSITIVE IMPACT ON SOCIETY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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ReturnHeader/BuildTS02016-04-25 22:37:26Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0LAURALEE NORTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
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ReturnHeader/ReturnTs02015-08-17T10:16:31-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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