Civic Intelligence

Hope Elementary School

990 • Fiscal year 2012 • EIN 56-2096530

Jul 01, 2011 to Jun 30, 2012 • Filed on Jan 22, 2013

Organization ProfileWWW.HOPECHARTERSCHOOL.ORG
1116 N Blount Street27609
Siviq Scores

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

Liabilities / Assets

21st percentile

0.01x

Higher debt load relative to assets than 21% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

6th percentile

-22%

Faster asset growth than 6% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets21st percentile

Assets

Down

$343,590

Down $97,836 (-22%) from 2011

Net Assets

Down

$340,913

Down $98,799 (-22%) from 2011

Liabilities

Up

$2,677

Up $963 (+56%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,101,707

Up $34,833 (+3.3%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$800K$600K$400K$200K$0Assets 2010: $375,434Liabilities 2010: $1,189Net Assets 2010: $374,2452010Assets 2011: $441,426Liabilities 2011: $1,714Net Assets 2011: $439,7122011Assets 2012: $343,590Liabilities 2012: $2,677Net Assets 2012: $340,9132012Assets 2013: $368,645Liabilities 2013: $3,735Net Assets 2013: $364,9102013Assets 2014: $380,830Liabilities 2014: $39,723Net Assets 2014: $341,1072014Assets 2015: $607,033Liabilities 2015: $30,760Net Assets 2015: $576,2732015Assets 2016: $618,094Liabilities 2016: $38,008Net Assets 2016: $580,0862016Assets 2017: $487,829Liabilities 2017: $10,668Net Assets 2017: $477,1612017Assets 2018: $479,631Liabilities 2018: $15,986Net Assets 2018: $463,6452018Assets 2019: $152,994Liabilities 2019: $12,262Net Assets 2019: $140,7322019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2012

Assets$343,590
Liabilities$2,677
Net Assets$340,913
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,057,2952010Revenue 2011: $1,132,341Expenses 2011: $1,066,874Net Income 2011: $65,4672011Expenses 2012: $1,101,7072012Expenses 2013: $1,070,1952013Revenue 2014: $1,055,007Expenses 2014: $1,078,810Net Income 2014: -$23,8032014Revenue 2015: $1,473,440Expenses 2015: $1,238,274Net Income 2015: $235,1662015Revenue 2016: $1,328,838Expenses 2016: $1,325,025Net Income 2016: $3,8132016Revenue 2017: $1,440,136Expenses 2017: $1,543,061Net Income 2017: -$102,9252017Revenue 2018: $1,544,186Expenses 2018: $1,557,702Net Income 2018: -$13,5162018Revenue 2019: $1,331,824Expenses 2019: $1,654,737Net Income 2019: -$322,9132019Revenue 2020: -$88,013Expenses 2020: $52,719Net Income 2020: -$140,7322020

Highlighted filing

2012

Revenue-
Expenses$1,101,707
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Jan 22, 2013
Return Version
2011v1.2
Gross Receipts
$1,006,843
Mission and Program Overview

Mission

The corporation is organized for the purpose of operating a charter public school in raleigh, nc.

Filing and Contact Details

Filer

EIN
56-2096530
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IRS990ScheduleE/Form990ScheduleEPartII/Explanation1HOPE ELEMENTARY SCHOOL IS A PUBLIC CHARTER SCHOOL AND IS NOT REQUIRED TO FILE FORM 5578.
IRS990ScheduleE/Form990ScheduleEPartII/Explanation2HOPE ELEMENTARY IS A PUBLIC CHARTER SCHOOL AND AS SUCH RECEIVES ITS FUNDING FROM THE STATE DEPARTMENT OF PUBLIC EDUCATION AND THE COUNTY BOARD OF EDUCATION.
IRS990ScheduleE/Form990ScheduleEPartII/Explanation3HOPE ELEMENTARY SCHOOL IS A PUBLIC CHARTER SCHOOL AND IS NOT REQUIRED TO FILE FORM 5578.
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IRS990ScheduleE/Form990ScheduleEPartII/Identifier3EXPLANATION OF RACIAL NONDISCRIMINATION COMPLIANCE
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IRS990ScheduleO/GeneralExplanation/Explanation1IF ANY MATTER SHOULD COME BEFORE THE BOARD OF DIRECTORS, OR ANY OF ITS COMMITTEES, IN SUCH A WAY AS TO GIVE RISE TO A CONFLICT OF INTEREST, ANY INTERESTED PARTY SHALL MAKE FULL DISCLOSURE OF THE POTENTIAL CONFLICT AND, IF REQUESTED, WITHDRAW FROM THE MEETING FOR SO LONG AS THE MATTER SHALL CONTINUE UNDER DISCUSSION, EXCEPT TO ANSWER ANY QUESTIONS THAT MIGHT BE ASKED REGARDING THE SITUATION. IF THE MATTER INVOLVES ANY ITEM OF BUSINESS FOR WHICH A SPECIAL MEETING WAS CALLED, THE INTERESTED PARTY SHALL NOT BE COUNTED TO ESTABLISH A QUORUM, NOR SHALL THE INTERESTED PARTY PARTICIPATE IN THE DELIBERATION OR VOTE ON IT.
IRS990ScheduleO/GeneralExplanation/Explanation2THE COMPENSATION COMMITTEE REVIEWS AND APPROVES COMPENSATION OF THE ORGANIZATION'S PRINCIPAL AND KEY EMPLOYEES. WRITEEN EMPLOYMENT CONTRACTS ARE USED TO ENFORCE THE POLICY.
IRS990ScheduleO/GeneralExplanation/Explanation3ALL INFORMATION IS AVAILABLE ON SITE BY REQUEST AND AVAILABLE THROUGH FOUNDATIONAL WEBSITES OR NON-PROFIT WEBSITES VIA THE INTERNET.
IRS990ScheduleO/GeneralExplanation/Explanation4THERE HAS BEEN NO CHANGE TO THE ACCOUNTING PROCESS.
IRS990ScheduleO/GeneralExplanation/Explanation5THIS PROCESS HAS NOT CHANGED.
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IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 12C
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IRS990/TheBooksAreInCareOf/AddressUS/State0NC
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode027609
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10ACADIA NORTHSTAR
IRS990/TheBooksAreInCareOf/TelephoneNumber09199547040
IRS990/TotalAssets/BOY0441426
IRS990/TotalAssetsBOY0441426
IRS990/TotalAssets/EOY0343590
IRS990/TotalAssetsEOY0343590
IRS990/TotalCompGT150K00
IRS990/TotalContributions0997523
IRS990/TotalExpensesCurrentYear01101707
IRS990/TotalExpensesPriorYear01066874
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral0197167
IRS990/TotalFunctionalExpenses/ProgramServices0904540
IRS990/TotalFunctionalExpenses/Total01101707
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY01714
IRS990/TotalLiabilitiesBOY01714
IRS990/TotalLiabilities/EOY02677
IRS990/TotalLiabilitiesEOY02677
IRS990/TotalLiabNetAssetsFundBalances/BOY0441426
IRS990/TotalLiabNetAssetsFundBalances/EOY0343590
IRS990/TotalNbrEmployees028
IRS990/TotalNbrVolunteers050

Document Assets

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Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$343,590
Liabilities
$2,677
Net assets
$340,913
Revenue
-
Expenses
$1,101,707
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.09$0.05$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.15$0.01$0.14$1.33$1.65$0.32
2018Detailed filing. Detailed filing data is available for this year.$0.48$0.02$0.46$1.54$1.56$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.49$0.01$0.48$1.44$1.54$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.62$0.04$0.58$1.33$1.33$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.03$0.58$1.47$1.24$0.24
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.04$0.34$1.06$1.08$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.36$1.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.00$0.34$1.10
2011Summary only. Only limited summary data is available for this year.$0.44$0.00$0.44$1.13$1.07$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.00$0.37$1.06