Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
Liabilities / Revenue
44th percentile
Higher debt load relative to revenue than 44% of similar nonprofits.
Net Margin
61st percentile
Higher net margin than 61% of similar nonprofits.
Top Officer Pay
66th percentile
Higher top officer pay than 66% of similar nonprofits.
Top officer pay equals 4.2% of source-year revenue.
Asset Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Revenue Growth
83rd percentile
Faster revenue growth than 83% of similar nonprofits.
Assets
Up$625,183
Up $625,183 from 2017
Net Assets
Up$472,104
Up $472,104 from 2017
Liabilities
Up$153,079
Up $153,079 from 2017
Revenue
Up$2,234,965
Up $589,707 (+36%) from 2017
Expenses
Up$2,073,927
Up $622,989 (+43%) from 2017
Net Income
Down$161,038
Down $33,282 (-17%) from 2017
The hope academy is committed
The hope academy is committed to an educational model focusing on the academic and social success of each individual, preparing students to meet the challenges of
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $273,859 | $517,670 | ▲ $243,811 |
| Accounts Receivable | $63,322 | $69,845 | ▲ $6,523 |
| Prepaid Expenses and Deferred Charges | $9,733 | $3,668 | ▼ $6,065 |
| Total Assets | $346,914 | $625,183 | ▲ $278,269 |
| Other Assets Total | - | $34,000 | - |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $90,782 | $153,079 | ▲ $62,297 |
| Total Liabilities | $90,782 | $153,079 | ▲ $62,297 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $254,754 | $470,273 | ▲ $215,519 |
| Temporarily Rstr Net Assets | $1,378 | $1,831 | ▲ $453 |
| Total Net Assets Fund Balance | $256,132 | $472,104 | ▲ $215,972 |
| Total Liabilities and Net Assets / Fund Balance | $346,914 | $625,183 | ▲ $278,269 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Assets Org | $34,000 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Angela Holt | Current Head of School | FT | $94,500 | $94,500 |
| Margaret Knowlton | Superintendent | PT | $14,000 | $14,000 |
| Name | Title |
|---|---|
| Mayor Charles a Lombardi | Chairperson |
| Mayor Jorge O Elorza | Vice Chairperson |
| Amanda Mcmullen | Director |
| David Sluter | Director |
| Michael a Rocchio Md | Director |
| Bianca Rodriguez | Director/founder |
| Courtney Hawkins | Director/mayor Designee |
| Deana Tineo | Elected Parent Member |
| Matthew Harvey | Elected Parent Member |
| Michael Deragon | Elected Parent Member |
| John Kelly | Secretary/treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,235,787 |
| Other Expenses | $838,140 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $889,785 | $121,622 | $0 | $1,011,407 |
| Occupancy | $370,000 | $22,750 | $0 | $392,750 |
| Other Employee Benefits | $123,856 | $13,013 | $0 | $136,869 |
| Other Expenses | $93,247 | $9,541 | $0 | $102,788 |
| Office Expenses | $74,438 | $12,041 | $0 | $86,479 |
| Payroll Taxes | $65,566 | $9,095 | $0 | $74,661 |
| Fees for Services Accounting | $0 | $58,845 | $0 | $58,845 |
| Fees for Services Other | $54,456 | $0 | $0 | $54,456 |
| Fees for Services Management | $0 | $30,000 | $0 | $30,000 |
| Information Technology | $16,659 | $10,993 | $0 | $27,652 |
| Pension Plan Contributions | $11,035 | $1,815 | $0 | $12,850 |
| Insurance | $0 | $10,556 | $0 | $10,556 |
| Fees for Services Legal | $0 | $1,918 | $0 | $1,918 |
| Conferences and Meetings | $1,626 | $0 | $0 | $1,626 |
| Total Functional Expenses | $1,766,388 | $307,539 | $0 | $2,073,927 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Salary adjustments are not automatic and are dependent upon the approval of the annual budget by the Board of Directors and the employee's performance and job responsibilities. The Head of School may recommend no increase depending on the employee's performance or the salary level of the position. Special salary adjustments may be made at the time of a promotion, demotion, for increased job responsibilities or based on market modifications. Salaries are generally reviewed annually. Any salary increase is based on merit and The Hope Academy's fiscal condition.”
“The superintendent evaluates the Head of School and recommends merit increases as a result.”
“All new employees sign a written conflict of interest statement at the time of hire. Conflict of interest is discussed at the orientation all new employees go through before they begin work. Employees are required to disclose conflicts of interests as they arise.”
“The 990 is reviewed by officers and ratified by the full board of directors.”
“Hope Academy began the year with a bank account of cash overdrawn by $617. The $617 was for bank service fees. At this point in time, the organization did not yet receive any funding and was able to successfully negotiate the removal these service charges later within the fiscal year.”
“The hope academy is a custodian for student activity funds. Money is received from students and the pto organization to be held for future activities.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | true |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 90782 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 153079 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 63322 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 69845 |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE HOPE ACADEMY IS COMMITTED TO AN EDUCATIONAL MODEL FOCUSING ON THE ACADEMIC AND SOCIAL SUCCESS OF EACH INDIVIDUAL, PREPARING STUDENTS TO MEET THE CHALLENGES OF |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | false |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | HOPE ACADEMY |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4015339192 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1000 EDDY ST |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | PROVIDENCE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | RI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02905 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 273859 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 517670 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 121622 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 889785 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 1011407 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/FundraisingAmt | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 1626 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 1626 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | true |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1514281 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 838140 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 720684 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 161038 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1235787 |
| IRS990/CYTotalExpensesAmt | 0 | 2073927 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2234965 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | false |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | CHARTER SCHOOL EDUCATIONAL SERVICES THE HOPE ACADEMY'S PRIMARY SERVICE IS TO PROVIDE PUBLIC EDUCATION TO RESIDENTS OF PROVIDENCE AND NORTH PROVIDENCE. ADMISSION IS BASED ON A LOTTERY SYSTEM AND TUITIONS ARE BILLED TO THE CITY/TOWN IN WHICH THE STUDENT RESIDES. THE HOPE ACADEMY FOSTERS AN INCLUSIVE ENVIRONMENT BY EXPOSING CHILDREN TO THOSE WHO ARE DIFFERENT FROM THEMSELVES AT AN EARLY AGE. THE SCHOOL RENTS SPACE FROM MEETING STREET, A PRIVATE INSTITUTION OF LEARNING THAT HAS BEEN RECOGNIZED AS A LEADER IN SERVICING STUDENTS WITH DISABILITIES. GROWING UP ALONGSIDE CHILDREN THAT ARE DIFFERENT THAN THEMSELVES WILL INCITE INCLUSIVITY. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DistributionToDonorInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 25 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1711932 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 58845 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 58845 |
| IRS990/FeesForServicesLegalGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 1918 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 1918 |
| IRS990/FeesForServicesManagementGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 30000 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 30000 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 54456 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 54456 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MAYOR CHARLES A LOMBARDI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MAYOR JORGE O ELORZA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JOHN KELLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | BIANCA RODRIGUEZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | COURTNEY HAWKINS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | AMANDA MCMULLEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MICHAEL A ROCCHIO MD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | DAVID SLUTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | MATTHEW HARVEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | DEANA TINEO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | MICHAEL DERAGON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | ANGELA HOLT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | MARGARET KNOWLTON |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 94500 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 14000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRPERSON |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIRPERSON |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY/TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR/FOUNDER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR/MAYOR DESIGNEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | ELECTED PARENT MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | ELECTED PARENT MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | ELECTED PARENT MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | CURRENT HEAD OF SCHOOL |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | SUPERINTENDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2014 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GovernmentGrantsAmt | 0 | 1514281 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 2234965 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 11 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 0 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 10993 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 16659 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 27652 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 10556 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 10556 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | RI |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE HOPE ACADEMY IS COMMITTED |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 256132 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 472104 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 22750 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 370000 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 392750 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 12041 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 74438 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 86479 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 34000 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 13013 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 123856 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 136869 |
| IRS990/OtherExpensesGrp/Desc | 0 | MAINTENANCE & REPAIR |
| IRS990/OtherExpensesGrp/Desc | 1 | OTHER PROF SVCS |
| IRS990/OtherExpensesGrp/Desc | 2 | OTHER OPERATIONAL EXPENSES |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 5350 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 9541 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 413 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 65307 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 93247 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 413 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 70657 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 102788 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 9095 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 65566 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 74661 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 1815 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 11035 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 12850 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 9733 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 3668 |
| IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt | 0 | ANGELA HOLT |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TUITIONS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | FOOD SALES |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 720231 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 453 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | SCHOOL FOOD SERVICE FUND THE HOPE ACADEMY PROVIDES BREAKFAST & LUNCH FOR ITS STUDENTS. FEES ARE ASSESSED BASED ON INCOME LEVEL. REVENUES ALSO COME FROM FEDERAL PROGRAMS. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 54456 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 54909 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 1104243 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYOtherExpensesAmt | 0 | 693610 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 541015 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 194320 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 757328 |
| IRS990/PYTotalExpensesAmt | 0 | 1450938 |
| IRS990/PYTotalRevenueAmt | 0 | 1645258 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 161038 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 2234989 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/AgentTrusteeEtcInd | 0 | false |
| IRS990ScheduleD/BeginningBalanceAmt | 0 | 667 |
| IRS990ScheduleD/EndingBalanceAmt | 0 | 667 |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | false |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 34000 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | SECURITY DEPOSITS |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE HOPE ACADEMY IS A CUSTODIAN FOR STUDENT ACTIVITY FUNDS. MONEY IS RECEIVED FROM STUDENTS AND THE PTO ORGANIZATION TO BE HELD FOR FUTURE ACTIVITIES. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt IV, Line 2b |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 34000 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | true |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | false |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | HOPE ACADEMY COMMUNICATES ITS RACIALLY NONDISCRIMINATORY POLICY DIRECTLY ON THE APPLICATION FOR ADMISSION. HOPE ACADEMY COMMUNICATES ITS RACIALLY NONDISCRIMINATORY POLICY DIRECTLY ON THE APPLICATION FOR ADMISSION. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | 4B - THE HOPE ACADEMY DOES NOT OFFER SCHOLARSHIPS OR FINANCIAL ASSISTANCE. IT IS A PUBLIC SCHOOL WITHOUT TUITIONS;ADMISSION IS BASED ON LOTTERY. THE HOPE ACADEMY HAVE NOT, AS OF YET, SOLICITED CONTRIBUTIONS. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION RECEIVED A CHARTER SCHOOL PLANNING & IMPLEMENTATION GRANT FROM FEDERAL SOURCES. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Line 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Line 4d |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Line 6b |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Salary adjustments are not automatic and are dependent upon the approval of the annual budget by the Board of Directors and the employee's performance and job responsibilities. The Head of School may recommend no increase depending on the employee's performance or the salary level of the position. Special salary adjustments may be made at the time of a promotion, demotion, for increased job responsibilities or based on market modifications. Salaries are generally reviewed annually. Any salary increase is based on merit and The Hope Academy's fiscal condition. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The superintendent evaluates the Head of School and recommends merit increases as a result. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | All new employees sign a written conflict of interest statement at the time of hire. Conflict of interest is discussed at the orientation all new employees go through before they begin work. Employees are required to disclose conflicts of interests as they arise. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The 990 is reviewed by officers and ratified by the full board of directors. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Hope Academy began the year with a bank account of cash overdrawn by $617. The $617 was for bank service fees. At this point in time, the organization did not yet receive any funding and was able to successfully negotiate the removal these service charges later within the fiscal year. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Pt X |
| IRS990/SchoolOperatingInd | 0 | true |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxableDistributionsInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt | 0 | 1378 |
| IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt | 0 | 1831 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 346914 |
| IRS990/TotalAssetsEOYAmt | 0 | 625183 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 346914 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 625183 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 1514281 |
| IRS990/TotalEmployeeCnt | 0 | 25 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 307539 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1766388 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 2073927 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 90782 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 153079 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 90782 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 153079 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 256132 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 472104 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1766388 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 720684 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 108500 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 720684 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 2234965 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 346914 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 625183 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 254754 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 470273 |
| IRS990/USAddress/AddressLine1Txt | 0 | 1000 EDDY ST |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.