Civic Intelligence

New Hope Academy

990 • Fiscal year 2021 • EIN 63-1172489

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 12, 2021

Organization ProfileWWW.NHAFRANKLIN.ORG

View Organization Page

1820 Downs BoulevardFranklin, TN 37064

(615) 595-0324

Siviq Scores

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

Liabilities / Assets

74th percentile

0.28x

Higher debt load relative to assets than 74% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

67th percentile

0.23x

Higher debt load relative to revenue than 67% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

24th percentile

-0.5%

Higher net margin than 24% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

78th percentile

$122,332

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

52nd percentile

11%

Faster asset growth than 52% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

32nd percentile

0.2%

Faster revenue growth than 32% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$3,826,661

Up $365,230 (+11%) from 2020

Net Assets

Down

$2,743,104

Down $25,406 (-0.9%) from 2020

Liabilities

Up

$1,083,557

Up $390,636 (+56%) from 2020

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin24th percentile

Revenue

Up

$4,690,606

Up $10,260 (+0.2%) from 2020

Expenses

Up

$4,716,013

Up $436,609 (+10%) from 2020

Net Income

Down

-$25,407

Down $426,349 (-106%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $3,555,653Liabilities 2011: $716,258Net Assets 2011: $2,839,3952011Assets 2012: $3,602,909Liabilities 2012: $719,358Net Assets 2012: $2,883,5512012Assets 2013: $2,542,982Liabilities 2013: $54,869Net Assets 2013: $2,488,1132013Assets 2015: $3,786,147Liabilities 2015: $38,714Net Assets 2015: $3,747,4332015Assets 2016: $3,630,500Liabilities 2016: $43,926Net Assets 2016: $3,586,5742016Assets 2017: $3,187,842Liabilities 2017: $55,260Net Assets 2017: $3,132,5822017Assets 2018: $2,659,325Liabilities 2018: $32,373Net Assets 2018: $2,626,9522018Assets 2020: $3,461,431Liabilities 2020: $692,921Net Assets 2020: $2,768,5102020Assets 2021: $3,826,661Liabilities 2021: $1,083,557Net Assets 2021: $2,743,1042021Assets 2022: $4,387,183Liabilities 2022: $105,419Net Assets 2022: $4,281,7642022Assets 2023: $5,035,326Liabilities 2023: $271,506Net Assets 2023: $4,763,8202023Assets 2024: $7,456,839Liabilities 2024: $1,585,144Net Assets 2024: $5,871,6952024

Highlighted filing

2021

Assets$3,826,661
Liabilities$1,083,557
Net Assets$2,743,104
Open 2021 Filing

Operations Trend

Revenue Growth32nd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,424,807Expenses 2011: $2,883,059Net Income 2011: $541,7482011Expenses 2012: $3,047,8952012Expenses 2013: $3,326,9642013Revenue 2015: $4,086,075Expenses 2015: $3,526,597Net Income 2015: $559,4782015Revenue 2016: $4,003,660Expenses 2016: $4,164,519Net Income 2016: -$160,8592016Revenue 2017: $3,373,975Expenses 2017: $3,815,464Net Income 2017: -$441,4892017Revenue 2018: $3,540,573Expenses 2018: $4,046,203Net Income 2018: -$505,6302018Revenue 2020: $4,680,346Expenses 2020: $4,279,404Net Income 2020: $400,9422020Revenue 2021: $4,690,606Expenses 2021: $4,716,013Net Income 2021: -$25,4072021Revenue 2022: $5,778,572Expenses 2022: $4,418,492Net Income 2022: $1,360,0802022Revenue 2023: $5,200,314Expenses 2023: $4,733,958Net Income 2023: $466,3562023Revenue 2024: $5,893,682Expenses 2024: $4,817,612Net Income 2024: $1,076,0702024

Highlighted filing

2021

Revenue$4,690,606
Expenses$4,716,013
Net Income-$25,407
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 12, 2021
Return Version
2020v4.0
Gross Receipts
$4,690,606
Mission and Program Overview

Mission

Nha is a christ-centered community school with an economically, racially, and culturally diverse student body. It exists to serve low-income families by establishing a solid biblical worldview. Instilling vision, confirming hope and preparing students for a life of service.

Nha is a christ-centered community school with an economically, racially, and culturally diverse student body. It exists to serve low-income families by establishing a solid biblical worldview, instilling vision, confirming hope and preparing students for a life of service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,666,957$1,598,344▼ $68,613
Savings and Temporary Cash Investments$1,237,786$1,245,449▲ $7,663
Investments in Publicly Traded Securities$267,520$653,451▲ $385,931
Cash and Non-Interest-Bearing Accounts$238,948$184,923▼ $54,025
Accounts Receivable$27,965$9,494▼ $18,471
Total Assets$3,461,431$3,826,661▲ $365,230
Other Assets Total$22,255$135,000▲ $112,745
Liabilities
Mortgage Notes Payable Secured by Investment Property$625,300$900,007▲ $274,707
Other Liabilities$22,255$143,369▲ $121,114
Accounts Payable and Accrued Expenses$45,366$40,181▼ $5,185
Total Liabilities$692,921$1,083,557▲ $390,636
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,536,594$1,592,790▲ $56,196
Net Assets Without Donor Restrictions$1,231,916$1,150,314▼ $81,602
Total Net Assets Fund Balance$2,768,510$2,743,104▼ $25,406
Total Liabilities and Net Assets / Fund Balance$3,461,431$3,826,661▲ $365,230

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,547,503-$2,547,503
Land$661,500-$661,500
Equipment$239,537$1,442$240,979
Leasehold Improvements$41,486-$41,486
Other Land Buildings$-1,889,428$1,889,428-
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dr Devin DelaughterHeadmasterFT$122,332$122,332

Board Members and Trustees

NameTitle
Chris JenkinsChair
Ronnie WilliamsVice Chair
Adam HicksTrustee
Brett WilliamsTrustee
Gary BrandonTrustee
Jr GarrettTrustee
Noemi TurciosTrustee
Razel JonesTrustee
Stephanie SteeleTrustee
Susan SmallwoodTrustee
Paige PittsFounding Mem
Kristan GordonSecretary
Courtney YezerskiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,961,038
Program Service Revenue
$2,617,708
Investment Income
$88,840
Other Revenue
$23,020
All Other Contributions
$1,680,317
Change in Net Assets
$-25,407

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded2$309,017
Food Inventory1$15,710
Total Noncash Contributions3$324,727

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,690,606
Total Revenue per Audited Statements
$4,690,606
Total Revenue per Form 990
$4,690,606
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,968,134
Grants and Similar Amounts Paid$1,466,204
Other Expenses$1,281,675
Total Fundraising Expense$447,640
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$913,484$409,890$274,721$1,598,095
Grants to Domestic Individuals$1,466,204--$1,466,204
Insurance$139,836$62,388$12,908$215,132
Occupancy$162,334$35,380$10,406$208,120
Office Expenses$14,688$95,475$36,721$146,884
Payroll Taxes$83,321$22,846$28,221$134,388
All Other Expenses$119,252$12,085-$131,337
Comp Disqual Persons$91,749$30,583-$122,332
Current Officers, Directors, Trustees, and Key Employees$83,094$30,225-$113,319
Depreciation Depletion$59,993$8,678$3,613$72,284
Other Expenses$58,883$55,012$81,050$58,883
Fees for Services Accounting-$19,432-$19,432
Fees for Services Other-$4,609-$4,609
Travel-$3,058-$3,058
Total Functional Expenses$3,478,712$789,661$447,640$4,716,013

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,716,013
Total Expenses per Audited Statements$4,716,013
Total Expenses per Form 990$4,716,013
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Restricted Funds$135,000
Payroll Liabilities$8,369
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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

“No review was or will be conducted.”

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

“The salary of the headmaster is set annually through a written employment contract established by the board of trustees and is based on comparabilit y data, duties and responsibilities of the position and board deliberation s conducted absent the headmaster. The headmaster is absent during board v oting on such compensation matters.”

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

“The salary of key personnel is set annually through a written employment c ontract established by the board of trustees.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available for on-site inspection during normal bus iness hours.”

Filing and Contact Details

Filer

Filer Name
New Hope Academy
EIN
63-1172489
Phone
6155950324
Address
1820 DOWNS BOULEVARD, FRANKLIN, TN 37064

Signing Officer

Name
Cady Wilson
Title
Interim Head of Scho
Phone
6155950324
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cady Wilson
Formed
1996
Legal Domicile
Tn
Voting Board Members
13
Independent Board Members
13
Employees
56
Volunteers
56

Preparer

Firm
Hopkins-page
Address
8118A SAWYER BROWN RD, NASHVILLE, TN 37221
Preparer
Kevin a Hopkins
Phone
6156731120
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Nha is a christ-centered community school with an economically, racially, and culturally diverse student body. It exists to serve low-income families by establishing a solid biblical worldview, instilling vision, confirming hope and preparing students for a life of service.”

Form 990, Page 1, Part I, Line 6

“Volunteers serve as teacher assistants or to help with general office duties. Volunteers read to students and help with one-on-one activities. Volunteers also serve with fundraising activities, helping to plan, setup, coordinate actvities.”

Form 990, Part XI, Line 9

“ROUNDING 1”

Raw XML AppendixShowing 400 of 509 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt045366
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt040181
IRS990/AccountsReceivableGrp/BOYAmt027965
IRS990/AccountsReceivableGrp/EOYAmt09494
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0NHA IS A CHRIST-CENTERED COMMUNITY SCHOOL WITH AN ECONOMICALLY, RACIALLY, AND CULTURALLY DIVERSE STUDENT BODY. IT EXISTS TO SERVE LOW-INCOME FAMILIES BY ESTABLISHING A SOLID BIBLICAL WORLDVIEW, INSTILLING VISION, CONFIRMING HOPE AND PREPARING STUDENTS FOR A LIFE OF SERVICE.
IRS990/AllOtherContributionsAmt01680317
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt012085
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0119252
IRS990/AllOtherExpensesGrp/TotalAmt0131337
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0KATHERINE WILSON
IRS990/BooksInCareOfDetail/PhoneNum06155950324
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01820 DOWNS BOULEVARD
IRS990/BooksInCareOfDetail/USAddress/CityNm0FRANKLIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037064
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0238948
IRS990/CashNonInterestBearingGrp/EOYAmt0184923
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt030225
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt083094
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0113319
IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt030583
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt091749
IRS990/CompDisqualPersonsGrp/TotalAmt0122332
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01961038
IRS990/CYGrantsAndSimilarPaidAmt01466204
IRS990/CYInvestmentIncomeAmt088840
IRS990/CYOtherExpensesAmt01281675
IRS990/CYOtherRevenueAmt023020
IRS990/CYProgramServiceRevenueAmt02617708
IRS990/CYRevenuesLessExpensesAmt0-25407
IRS990/CYSalariesCompEmpBnftPaidAmt01968134
IRS990/CYTotalExpensesAmt04716013
IRS990/CYTotalFundraisingExpenseAmt0447640
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04690606
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt03613
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt08678
IRS990/DepreciationDepletionGrp/ProgramServicesAmt059993
IRS990/DepreciationDepletionGrp/TotalAmt072284
IRS990/Desc0NHA OPERATES AN INNER CITY PRIVATE ELEMENTARY SCHOOL WITH ENROLLMENT OF MORE THAN 220 STUDENTS IN GRADES PRE-K THROUGH 6TH GRADE. PROGRAM SERVICE REVENUE IS DERIVED FROM STUDENT TUITION AND RELATED ACADEMIC FEES. PROGRAM SERVICE EXPENSES HAVE BEEN INCURRED IN THE OPERATION OF THE SCHOOL.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01536594
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01592790
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt056
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03478712
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt019432
IRS990/FeesForServicesAccountingGrp/TotalAmt019432
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04609
IRS990/FeesForServicesOtherGrp/TotalAmt04609
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0DR DEVIN DELAUGHTER
IRS990/Form990PartVIISectionAGrp/PersonNm1GARY BRANDON
IRS990/Form990PartVIISectionAGrp/PersonNm2JR GARRETT
IRS990/Form990PartVIISectionAGrp/PersonNm3KRISTAN GORDON
IRS990/Form990PartVIISectionAGrp/PersonNm4ADAM HICKS
IRS990/Form990PartVIISectionAGrp/PersonNm5CHRIS JENKINS
IRS990/Form990PartVIISectionAGrp/PersonNm6RAZEL JONES
IRS990/Form990PartVIISectionAGrp/PersonNm7PAIGE PITTS
IRS990/Form990PartVIISectionAGrp/PersonNm8SUSAN SMALLWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm9STEPHANIE STEELE
IRS990/Form990PartVIISectionAGrp/PersonNm10NOEMI TURCIOS
IRS990/Form990PartVIISectionAGrp/PersonNm11BRETT WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm12RONNIE WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm13COURTNEY YEZERSKI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0122332
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0HEADMASTER
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7FOUNDING MEM
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd0true
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt0280721
IRS990/GrantAmt01466204
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01466204
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01466204
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04690606
IRS990/GrossRentsGrp/RealAmt023020
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/FundraisingAmt012908
IRS990/InsuranceGrp/ManagementAndGeneralAmt062388
IRS990/InsuranceGrp/ProgramServicesAmt0139836
IRS990/InsuranceGrp/TotalAmt0215132
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt088840
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt088840
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0267520
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0653451
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01893124
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01666957
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01598344
IRS990/LandBldgEquipCostOrOtherBssAmt03491468
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0NHA IS A CHRIST-CENTERED COMMUNITY SCHOOL WITH AN ECONOMICALLY, RACIALLY, AND CULTURALLY DIVERSE STUDENT BODY. IT EXISTS TO SERVE LOW-INCOME FAMILIES BY ESTABLISHING A SOLID BIBLICAL WORLDVIEW, INSTILLING VISION, CONFIRMING HOPE AND PREPARING STUDENTS FOR A LIFE OF SERVICE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0625300
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0900007
IRS990/NetAssetsOrFundBalancesBOYAmt02768510
IRS990/NetAssetsOrFundBalancesEOYAmt02743104
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt023020
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt023020
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01231916
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01150314
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0324727
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt010406
IRS990/OccupancyGrp/ManagementAndGeneralAmt035380
IRS990/OccupancyGrp/ProgramServicesAmt0162334
IRS990/OccupancyGrp/TotalAmt0208120
IRS990/OfficeExpensesGrp/FundraisingAmt036721
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt095475
IRS990/OfficeExpensesGrp/ProgramServicesAmt014688
IRS990/OfficeExpensesGrp/TotalAmt0146884
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt022255
IRS990/OtherAssetsTotalGrp/EOYAmt0135000
IRS990/OtherChangesInNetAssetsAmt01
IRS990/OtherExpensesGrp/Desc0TN GRANT EXPENSES
IRS990/OtherExpensesGrp/Desc1ADVANCEMENT
IRS990/OtherExpensesGrp/Desc2RITZEN EDUCATION EXPENSES
IRS990/OtherExpensesGrp/Desc3COUNSELING PROGRAM
IRS990/OtherExpensesGrp/FundraisingAmt081050
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt055012
IRS990/OtherExpensesGrp/ProgramServicesAmt0220304
IRS990/OtherExpensesGrp/ProgramServicesAmt165570
IRS990/OtherExpensesGrp/ProgramServicesAmt258883
IRS990/OtherExpensesGrp/TotalAmt0220304
IRS990/OtherExpensesGrp/TotalAmt1136062
IRS990/OtherExpensesGrp/TotalAmt265570
IRS990/OtherExpensesGrp/TotalAmt358883
IRS990/OtherLiabilitiesGrp/BOYAmt022255
IRS990/OtherLiabilitiesGrp/EOYAmt0143369
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0274721
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0409890
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0913484
IRS990/OtherSalariesAndWagesGrp/TotalAmt01598095
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt028221
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt022846
IRS990/PayrollTaxesGrp/ProgramServicesAmt083321
IRS990/PayrollTaxesGrp/TotalAmt0134388
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CADY WILSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1ACORN PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc2OTHER
IRS990/ProgramServiceRevenueGrp/Desc3MERCHANDISE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02600627
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16239
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25606
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35236
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02600627
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16239
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25606
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35236
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02215996
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01321308
IRS990/PYInvestmentIncomeAmt0281
IRS990/PYOtherExpensesAmt0971379
IRS990/PYOtherRevenueAmt075309
IRS990/PYProgramServiceRevenueAmt02388760
IRS990/PYRevenuesLessExpensesAmt0400942
IRS990/PYSalariesCompEmpBnftPaidAmt01986717
IRS990/PYTotalExpensesAmt04279404
IRS990/PYTotalRevenueAmt04680346
IRS990/ReconcilationRevenueExpnssAmt0-25407
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt023020
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02617708
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01237786
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01245449
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02547503
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02547503
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0239537
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01442
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0240979
IRS990ScheduleD/ExpensesSubtotalAmt04716013
IRS990ScheduleD/LandGrp/BookValueAmt0661500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0661500
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt041486
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt041486
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-1889428
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01889428
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0135000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18369
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RESTRICTED FUNDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/RevenueSubtotalAmt04690606
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01600598
IRS990ScheduleD/TotalExpensesPerForm990Amt04716013
IRS990ScheduleD/TotalLiabilityAmt0143369
IRS990ScheduleD/TotalRevenuePerForm990Amt04690606
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04690606
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04716013
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
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S WEBSITE STATES THE FOLLOWING: "NEW HOPE ACADEMY IS A CHRIST-CENTERED SCHOOL EDUCATING CHILDREN OF DIVERSE RACIAL AND SOCIOECONOMIC BACKGROUNDS BY ESTABLISHING A BIBLICAL WORLDVIEW AND PREPARING EACH CHILD TO FLOURISH ACADEMICALLY, EMOTIONALLY, SOCIALLY, AND SPIRITUALLY."
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt01466204
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0FINANCIAL AID -
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0110
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PROCEDURES FOR MONITORING USE OF GRANTS FUNDS IN U.S. NEW HOPE ACADEMY'S G OAL IS TO PROVIDE SCHOLARSHIP ASSISTANCE TO ALL FAMILIES NEEDING ASSISTANC E BASED ON CRITERIA ADOPTED BY THE BOARD AND SUBJECT TO AVAILABLE FUNDING. APPLICATIONS FOR ASSISTANCE ARE RETAINED IN THE ORGANIZATION'S RECORDS. A WARDS OF FINANCIAL ASSISTANCE ARE CREDITED TO THE FAMILY'S ACCOUNT OFFSETT
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0122332
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DR DEVIN DELAUGHTER

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,826,661
Liabilities
$1,083,557
Net assets
$2,743,104
Revenue
$4,690,606
Expenses
$4,716,013
Net income
-$25,407
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.46$1.59$5.87$5.89$4.82$1.08
2023Detailed filing. Detailed filing data is available for this year.$5.04$0.27$4.76$5.20$4.73$0.47
2022Detailed filing. Detailed filing data is available for this year.$4.39$0.11$4.28$5.78$4.42$1.36
2021Detailed filing. Detailed filing data is available for this year.$3.83$1.08$2.74$4.69$4.72$0.03
2020Detailed filing. Detailed filing data is available for this year.$3.46$0.69$2.77$4.68$4.28$0.40
2018Detailed filing. Detailed filing data is available for this year.$2.66$0.03$2.63$3.54$4.05$0.51
2017Detailed filing. Detailed filing data is available for this year.$3.19$0.06$3.13$3.37$3.82$0.44
2016Detailed filing. Detailed filing data is available for this year.$3.63$0.04$3.59$4.00$4.16$0.16
2015Detailed filing. Detailed filing data is available for this year.$3.79$0.04$3.75$4.09$3.53$0.56
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$0.05$2.49$3.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.60$0.72$2.88$3.05
2011Summary only. Only limited summary data is available for this year.$3.56$0.72$2.84$3.42$2.88$0.54