Civic Intelligence

Hope Charter School Inc

EIN 59-3711889 • 501(c)3 • Ocoee, FL

View Organization Page

Profile

To improve students' learning with the use of different and innovative learning methods,increasing the choice of learning opportunities and establishing a new form of accountability for schools.

1550 East Crown Point RoadOcoee, FL 34761

www.hopecharter.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

90th percentile

0.84x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

1.32x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

15th percentile

-16%

Higher net margin than 15% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

31st percentile

-1.5%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-19%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$6,371,982

Down $95,473 (-1.5%) from 2023

Liabilities

Up

$5,361,659

Up $813,852 (+18%) from 2023

Net Assets

Down

$1,010,323

Down $909,325 (-47%) from 2023

Operations
Liabilities / Revenue87th percentileNet Margin15th percentile

Revenue

Down

$4,055,159

Down $968,933 (-19%) from 2023

Expenses

Up

$4,697,616

Up $164,638 (+3.6%) from 2023

Net Income

Down

-$642,457

Down $1,133,571 (-231%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth31st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $5,424,494Liabilities 2011: $4,401,049Net Assets 2011: $1,023,4452011Assets 2012: $5,504,099Liabilities 2012: $4,266,356Net Assets 2012: $1,237,7432012Assets 2013: $5,334,181Liabilities 2013: $4,093,967Net Assets 2013: $1,240,2142013Assets 2014: $5,526,350Liabilities 2014: $4,269,705Net Assets 2014: $1,256,6452014Assets 2015: $5,420,839Liabilities 2015: $4,157,954Net Assets 2015: $1,262,8852015Assets 2016: $5,348,435Liabilities 2016: $3,971,379Net Assets 2016: $1,377,0562016Assets 2017: $7,393,757Liabilities 2017: $6,009,418Net Assets 2017: $1,384,3392017Assets 2018: $6,814,859Liabilities 2018: $5,680,109Net Assets 2018: $1,134,7502018Assets 2019: $6,410,959Liabilities 2019: $5,442,216Net Assets 2019: $968,7432019Assets 2020: $6,502,628Liabilities 2020: $5,598,231Net Assets 2020: $904,3972020Assets 2021: $6,413,701Liabilities 2021: $5,429,736Net Assets 2021: $983,9652021Assets 2022: $6,192,184Liabilities 2022: $4,763,650Net Assets 2022: $1,428,5342022Assets 2023: $6,467,455Liabilities 2023: $4,547,807Net Assets 2023: $1,919,6482023Assets 2024: $6,371,982Liabilities 2024: $5,361,659Net Assets 2024: $1,010,3232024

Highlighted filing

2024

Assets$6,371,982
Liabilities$5,361,659
Net Assets$1,010,323
Open 2024 Filing

Operations Trend

Revenue Growth14th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,730,3212011Expenses 2012: $2,729,5942012Expenses 2013: $3,191,0842013Revenue 2014: $2,985,647Expenses 2014: $3,051,590Net Income 2014: -$65,9432014Revenue 2015: $3,205,260Expenses 2015: $3,199,020Net Income 2015: $6,2402015Revenue 2016: $3,341,522Expenses 2016: $3,227,351Net Income 2016: $114,1712016Revenue 2017: $3,803,469Expenses 2017: $3,796,186Net Income 2017: $7,2832017Revenue 2018: $3,541,366Expenses 2018: $3,790,955Net Income 2018: -$249,5892018Revenue 2019: $3,720,704Expenses 2019: $3,886,711Net Income 2019: -$166,0072019Revenue 2020: $3,698,017Expenses 2020: $3,762,363Net Income 2020: -$64,3462020Revenue 2021: $3,881,343Expenses 2021: $3,801,775Net Income 2021: $79,5682021Revenue 2022: $4,516,764Expenses 2022: $4,072,195Net Income 2022: $444,5692022Revenue 2023: $5,024,092Expenses 2023: $4,532,978Net Income 2023: $491,1142023Revenue 2024: $4,055,159Expenses 2024: $4,697,616Net Income 2024: -$642,4572024

Highlighted filing

2024

Revenue$4,055,159
Expenses$4,697,616
Net Income-$642,457
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,371,982
Liabilities
$5,361,659
Net assets
$1,010,323
Revenue
$4,055,159
Expenses
$4,697,616
Net income
-$642,457
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.37$5.36$1.01$4.06$4.70$0.64
2023Detailed filing. Detailed filing data is available for this year.$6.47$4.55$1.92$5.02$4.53$0.49
2022Detailed filing. Detailed filing data is available for this year.$6.19$4.76$1.43$4.52$4.07$0.44
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.41$5.43$0.98$3.88$3.80$0.08
2020Detailed filing. Detailed filing data is available for this year.$6.50$5.60$0.90$3.70$3.76$0.06
2019Detailed filing. Detailed filing data is available for this year.$6.41$5.44$0.97$3.72$3.89$0.17
2018Detailed filing. Detailed filing data is available for this year.$6.81$5.68$1.13$3.54$3.79$0.25
2017Detailed filing. Detailed filing data is available for this year.$7.39$6.01$1.38$3.80$3.80$0.01
2016Detailed filing. Detailed filing data is available for this year.$5.35$3.97$1.38$3.34$3.23$0.11
2015Detailed filing. Detailed filing data is available for this year.$5.42$4.16$1.26$3.21$3.20$0.01
2014Detailed filing. Detailed filing data is available for this year.$5.53$4.27$1.26$2.99$3.05$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.33$4.09$1.24$3.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.50$4.27$1.24$2.73
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.42$4.40$1.02$2.73
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$4,433,094
Mission and Program Overview

Mission

To improve students' learning with the use of different and innovative learning methods,increasing the choice of learning opportunities and establishing a new form of accountability for schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,138,194$5,137,182▼ $1,012
Accounts Receivable$794,474$806,639▲ $12,165
Pd in Cap Srpls Land Bldg Eqp Fund$757,286$759,659▲ $2,373
Cash and Non-Interest-Bearing Accounts$437,996$299,174▼ $138,822
Rtn Earn Endowment Incm Other Fnds$1,162,362$250,664▼ $911,698
Total Assets$6,467,455$6,371,982▼ $95,473
Other Assets Total$96,791$128,987▲ $32,196
Liabilities
Tax Exempt Bond Liabilities$4,380,908$4,377,523▼ $3,385
Deferred Revenue-$789,354-
Accounts Payable and Accrued Expenses$166,899$194,782▲ $27,883
Total Liabilities$4,547,807$5,361,659▲ $813,852
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,919,648$1,010,323▼ $909,325
Total Liabilities and Net Assets / Fund Balance$6,467,455$6,371,982▼ $95,473

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,648,252$2,840,057-
Land$456,954--
Equipment$31,976$115,774-
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Anthony DawkinsPresident
Alana AllenBoard Member
Heather FragaBoard Member
Lerin WerichBoard Member
Matt LedfordBoard Member
Matthew DavisBoard Member
Nicole Thomas-tateBoard Member
Crystal YoakumDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$149,753
Program Service Revenue
$3,933,056
Investment Income
$0
Other Revenue
$-27,650
Change in Net Assets
$-642,457

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,055,159
Revenue Not Reported on Form 990
$377,935
Total Revenue per Audited Statements
$4,433,094
Total Revenue per Form 990
$4,055,159
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,863,217
Other Expenses$1,834,399
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,931,879$482,970-$2,414,849
All Other Expenses$332,039$83,010-$415,049
Other Employee Benefits$197,316$49,329-$246,645
Payroll Taxes$161,378$40,345-$201,723
Interest$124,239$31,060-$155,299
Occupancy$107,670$26,917-$134,587
Insurance$89,028$22,257-$111,285
Other Expenses$87,710$21,928-$109,638
Depreciation Depletion$44,831$11,208-$56,039
Fees for Services Management$34,991$8,748-$43,739
Fees for Services Accounting$20,100$5,025-$25,125
Total Functional Expenses$3,758,092$939,524$0$4,697,616

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,075,551
Expenses per Audited Statements$4,697,616
Total Expenses per Form 990$4,697,616
Expenses Not Reported on Form 990$377,935
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The board of directors was provided a copy of form 990 for detailed review prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Board members are required to report conficts of interest when they arise.”

Form 990, Page 6, Part VI, Line 15A

“Compensation for directors and key employees was determined by hope charter school's board of directors when the charter school application was establshed. Each year the board reviews the upcoming budget which includes any salary increases. Due to the fact that salaries have always been below ocps levels, no comparison study is done.”

Form 990, Page 6, Part VI, Line 15B

“Compensation for directors and key employees was determined by hope charter school's board of directors when the charter school application was established. Each year the board reviews the upcoming budget which includes any salary increases. Due to the fact that salaries have always been below ocps levels, no comparison study is done.”

Form 990, Page 6, Part VI, Line 19

“The governing documents, conflict of interest policy and the financial statments are available upon request.”

Filing and Contact Details

Filer

Filer Name
Hope Charter School Inc
EIN
59-3711889
Phone
4076564673
Address
1550 EAST CROWN POINT ROAD, OCOEE, FL 34761

Signing Officer

Name
Crystal Yoakum
Title
Director
Phone
4076564673
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Crystal Yoakum
Formed
2000
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Mccrady & Associates Pllc
Address
107 WATER OAK LN, ALTAMONTE SPRINGS, FL 32714
Preparer
Stacy Mccrady
Phone
4079604429
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Rental expenses 377,935 rental expenses -377,935”

Financial Statement Notes

Schedule D, Page 3, Part X

“The school qualifies as a tax-exempt organization under internal revenue code section 501(c)(3), and is therefore, exempt from income taxes. Accordingly, no tax provision has been made in the accompanying financial statements. Additionally, no uncertain tax positions have been made requiring disclosure in the related notes to the financial statements. The school's income tax returns for the past three tax years are subject to examination by tax authorities, and may change upon examination.”

Schedule D, Page 4, Part XI, Line 2D

“RENTAL EXPENSES 377,935”

Schedule D, Page 4, Part XII, Line 2D

“RENTAL EXPENSES 377,935”

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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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IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt096791
IRS990/OtherAssetsTotalGrp/EOYAmt0128987
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt049329
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0197316
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0246645
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1PURCHASED SERVICES
IRS990/OtherExpensesGrp/Desc2NON CAP EQUIPMENT
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt067170
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt164009
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt225548
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt321928
IRS990/OtherExpensesGrp/ProgramServicesAmt0268680
IRS990/OtherExpensesGrp/ProgramServicesAmt1256037
IRS990/OtherExpensesGrp/ProgramServicesAmt2102194
IRS990/OtherExpensesGrp/ProgramServicesAmt387710
IRS990/OtherExpensesGrp/TotalAmt0335850
IRS990/OtherExpensesGrp/TotalAmt1320046
IRS990/OtherExpensesGrp/TotalAmt2127742
IRS990/OtherExpensesGrp/TotalAmt3109638
IRS990/OtherRevenueMiscGrp/Desc0FUNDRAISING
IRS990/OtherRevenueMiscGrp/Desc1FIELD TRIP FEES
IRS990/OtherRevenueMiscGrp/Desc2OTHER
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt049429
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt128755
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt225567
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt049429
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt128755
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt225567
IRS990/OtherRevenueTotalAmt0134285
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0482970
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01931879
IRS990/OtherSalariesAndWagesGrp/TotalAmt02414849
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt040345
IRS990/PayrollTaxesGrp/ProgramServicesAmt0161378
IRS990/PayrollTaxesGrp/TotalAmt0201723
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0757286
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0759659
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CRYSTAL YOAKUM
IRS990/PriorPeriodAdjustmentsAmt0-266868
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE FUND
IRS990/ProgramServiceRevenueGrp/Desc1CAPITAL OUTLAY FUND
IRS990/ProgramServiceRevenueGrp/Desc2SCHOOL RECOGNITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03566778
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1291656
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt274622
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03566778
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1291656
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt274622
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01092832
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt01282151
IRS990/PYOtherRevenueAmt0121779
IRS990/PYProgramServiceRevenueAmt03809481
IRS990/PYRevenuesLessExpensesAmt0491114
IRS990/PYSalariesCompEmpBnftPaidAmt03250827
IRS990/PYTotalExpensesAmt04532978
IRS990/PYTotalRevenueAmt05024092
IRS990/ReconcilationRevenueExpnssAmt0-642457
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-161935
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03933056
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01162362
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0250664
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04648252
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02840057
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt07488309
IRS990ScheduleD/EquipmentGrp/BookValueAmt031976
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0115774
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0147750
IRS990ScheduleD/ExpensesNotReportedAmt0377935
IRS990ScheduleD/ExpensesSubtotalAmt04697616
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0456954
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0456954
IRS990ScheduleD/OtherExpensesIncludedAmt0377935
IRS990ScheduleD/OtherRevenueAmt0377935
IRS990ScheduleD/RevenueNotReportedAmt0377935
IRS990ScheduleD/RevenueSubtotalAmt04055159
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), AND IS THEREFORE, EXEMPT FROM INCOME TAXES. ACCORDINGLY, NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. ADDITIONALLY, NO UNCERTAIN TAX POSITIONS HAVE BEEN MADE REQUIRING DISCLOSURE IN THE RELATED NOTES TO THE FINANCIAL STATEMENTS. THE SCHOOL'S INCOME TAX RETURNS FOR THE PAST THREE TAX YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES 377,935
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES 377,935
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05137182
IRS990ScheduleD/TotalExpensesPerForm990Amt04697616
IRS990ScheduleD/TotalRevenuePerForm990Amt04055159
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04433094
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05075551
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH VARIOUS MEANS, INCLUDING NEWSPAPER, GROUP PRESENTATIONS, AND DIRECT MAILINGS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1REVENUES ARE RECEIVED FROM THE FLORIDA DEPARTMENT OF EDUCATION UNDER THE FLORIDA EDUCATION FINANCE PROGRAM. THE AMOUNT RECEIVED IS BASED UPON THE NUMBER OF WEIGHTED FULL-TIME EQUIVALENT STUDENTS REPORTED BY THE SCHOOL DURING THE SURVEY PERIOD.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS WAS PROVIDED A COPY OF FORM 990 FOR DETAILED REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE REQUIRED TO REPORT CONFICTS OF INTEREST WHEN THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR DIRECTORS AND KEY EMPLOYEES WAS DETERMINED BY HOPE CHARTER SCHOOL'S BOARD OF DIRECTORS WHEN THE CHARTER SCHOOL APPLICATION WAS ESTABLSHED. EACH YEAR THE BOARD REVIEWS THE UPCOMING BUDGET WHICH INCLUDES ANY SALARY INCREASES. DUE TO THE FACT THAT SALARIES HAVE ALWAYS BEEN BELOW OCPS LEVELS, NO COMPARISON STUDY IS DONE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR DIRECTORS AND KEY EMPLOYEES WAS DETERMINED BY HOPE CHARTER SCHOOL'S BOARD OF DIRECTORS WHEN THE CHARTER SCHOOL APPLICATION WAS ESTABLISHED. EACH YEAR THE BOARD REVIEWS THE UPCOMING BUDGET WHICH INCLUDES ANY SALARY INCREASES. DUE TO THE FACT THAT SALARIES HAVE ALWAYS BEEN BELOW OCPS LEVELS, NO COMPARISON STUDY IS DONE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5RENTAL EXPENSES 377,935 RENTAL EXPENSES -377,935
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ORANGE COUNTY SCHOOL BOARD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1LEGACY HIGH SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0GOVT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SCHOOL BOA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1CHARTER SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt06
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt12
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0445 W AMELIA STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11550 E CROWN POINT ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ORLANDO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1OCOEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd032801
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd134761
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0true
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0true
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0THE TITLE OF THE SCHOOL BUILDING AND FACILITIES AND OTHER CAPITAL ASSETS REMAIN WITH THE SCHOOL BOARD. FLORIDA STATUTES PROVIDE THAT THE USE OF THE SCHOOL BUILDING AND FACILITIES BE FURNISHED TO CHARTER SCHOOLS ON THE SAME BASIS AS MADE AVAILABLE TO OTHER PUBLIC SCHOOLS IN THE DISTRICT. NO RENTAL OR LEASING FEE MAY BE CHARGED BY THE DISTRICT BOARD TO THE CHARTER SCHOOL OR TO THE PARENTS AND TEACHERS WHO ORGANIZE THE CHARTER SCHOOL. THE SCHOOL PURCHASED LAND WITH THE INTENTION OF LEASING THE LAND TO LEGACY HIGH SCHOOL. THE AGREEMENT INDICATES THAT THE AMOUNT WILL BE DETERMINED ANNUALLY. UNDER THE CURRENT AGREEMENT, RENT EXPENSE CHARGED TO LEGACY HIGH SCHOOL WAS 216,000. THE SCHOOL AND LEGACY HIGH SCHOOL JOINTLY BORROWED 4,400,000 TO COLLATERALIZE THE LAND AND BUILDING. HOPE CHARTER SCHOOL PAYS CERTAIN COSTS ON BEHALF OF LEGACY HIGH SCHOOL. THESE COSTS ARE ALLOCATED ACCORDINGLY AND REIMBURSED TO HOPE CHARTER SCHOOL. THERE IS APPROXIMATELY 113,00 RECEIVABLE FROM LEGACY HIGH SCHOOL FOR ALLOCATED OPERATING COSTS IN THE CURRENT YEAR. HOPE CHARTER SCHOOL & LEGACY HIGH SCHOOL SHARE EMPLOYEES; AS SUCH LEGACY HIGH SCHOOL REIMBURSES HOPE CHARTER SCHOOL FOR THEIR ALLOCATED PORTION OF EMPLOYEE EXPENSES.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0216000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt14377523
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt2113000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0LEGACY HIGH SCHOOL - RENT FACILTY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1LEGACY HIGH SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2LEGACY HIGH SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2Q
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt04380908
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt04377523
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06467455

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