Overview
What is Hope Educational & Research Center?
The Hope Educational & Research Center is a St. Louis-based nonprofit organization dedicated to serving the educational needs of over 2,000 Missouri children annually. They offer both Montessori and traditional approaches to education, ensuring students learn in state-of-the-art environments and benefit from fully trained and certified faculty and staff. The organization manages Hope Montessori Academy, which operates eight Montessori schools in Colorado, also serving approximately 2,000 children. The Hope Educational & Research Center is committed to maintaining the highest professional standards, exceeding state guidelines, and providing ongoing training for its employees to perform at excellent levels. Their faculty and staff are recognized for professional achievements and contribute to professional associations and civic organizations. The organization supports educational advancement within its ranks through employee assistance programs. With a diverse student body, the Hope Educational & Research Center fosters collaboration, understanding, and a sense of community among its students and families. Their mission is to instill a solid foundation for the development of competent, responsible, and adaptive citizens who are effective problem-solvers and lifelong learners.
Official website here: www.hopeacademy.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 92%, Four-Star out of Four Star rating.
Hope Educational & Research Center has achieved a commendable Four-Star rating from Charity Navigator, reflecting a high level of performance in accountability and finance. The organization scores 92% in this category, indicating strong financial health and transparency. A significant strength noted is the independent oversight of the board, with 75% of its members being independent, ensuring objectivity in governance.
The financial metrics further bolster the organization's standing, with an impressive program expense ratio of 82.05%. This suggests that a large portion of its funds is dedicated to its educational and research initiatives rather than administrative costs. Additionally, the organization has no reported material diversion of assets, which enhances its credibility and trustworthiness.
However, it is important to note a limitation in the form of a missing whistleblower policy, which could impact the organization’s overall governance framework. Despite this shortcoming, the overall financial practices and accountability measures in place position Hope Educational & Research Center as a reliable nonprofit committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Educational & Research Center legitimate?
Hope Educational & Research Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Educational & Research Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,208,061
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,470,253
For more financial information, click here
Official website here: www.hopeacademy.com
What is the mission statement of Hope Educational & Research Center?
The Hope Educational & Research Center is dedicated to serving the educational needs of children from infancy through elementary school. Through this commitment, they aim to instill a solid foundation for the development of competent, responsible, and adaptive citizens who are effective problem-solvers and lifelong learners. The organization maintains the highest professional standards, providing state-of-the-art educational environments and employing fully trained and certified faculty and staff. They prioritize the continuing education of their faculty and staff, hosting annual conferences and various workshops, lectures, and training programs throughout the year. The faculty and staff are recognized for their professional achievements and make meaningful contributions to professional associations and civic organizations. They conduct classes, workshops, seminars, and lectures at their own schools, competitor schools, and regional and national professional conferences. The organization supports the educational aspirations of its faculty and staff through employee assistance programs, offering financial assistance for undergraduate degrees and Montessori certification.
Official website here: www.hopeacademy.com
Who is the CEO of Hope Educational & Research Center?
Mark Signorelli is the Chairman & Ceo of Hope Educational & Research Center. The CEO's salary of Hope Educational & Research Center is $456,492 and their total compensation is $481,478.
Official website here: www.hopeacademy.com
What is the revenue of Hope Educational & Research Center?
Hope Educational & Research Center's revenue in 2022 was $12,701,543.
Official website here: www.hopeacademy.com
Who are the executives of Hope Educational & Research Center and what are their salaries?
The average compensation at Hope Educational & Research Center during 2022 was $21,792. There are 490 employees at Hope Educational & Research Center.
Here are 7 key members and their salaries (Hope Educational & Research Center's CEO's salary is $456,492 and their total compensation is $481,478):
- Compensation: $456,492
- Related: $0
- Other: $24,986
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $238,112
- Related: $0
- Other: $23,005
- Compensation: $253,333
- Related: $0
- Other: $23,467
- Compensation: $248,588
- Related: $0
- Other: $9,982
Official website here: www.hopeacademy.com
Where can I find the form 990 for Hope Educational & Research Center?
Hope Educational & Research Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopeacademy.com
Learn more at the official website: www.hopeacademy.com
Mission Statement of Hope Educational & Research Center
Hope Educational & Research Center is a mission-driven organization dedicated to serving the educational needs of children from infancy through elementary school. By instilling a solid foundation for competent, responsible, and adaptive citizens, the Center aims to produce effective problem-solvers and lifelong learners.
The Center caters to families who can choose between a Montessori-based approach or a traditional education for their children. Both educational methods offer children the advantage of learning in state-of-the-art environments and benefiting from fully trained and certified faculty and staff. The Hope Educational & Research Center Network of Schools serves over 2000 children every year in Missouri. In addition, the Center oversees Hope Montessori Academy (HMA), which operates 8 Montessori schools in Colorado, serving approximately 2000 children.
The Center maintains the highest professional standards, surpassing any state guidelines or mandates, particularly concerning student-teacher ratios, continuing education requirements, CPR training, and first aid training. As a testament to their commitment to upholding the highest professional standards, the Center suspends all school operations on the second Friday of February each year to host an organization-wide professional conference. They also host workshops, lectures, and other training programs throughout the year to ensure ample opportunities for faculty and staff to acquire the necessary training.
The faculty and staff at the Center are recognized for their professional achievements. They contribute significantly to professional associations and civic organizations and are regularly recognized by independent educational and accrediting bodies for outstanding work in the field of education. Their faculty members conduct classes, workshops, seminars, and lectures at their own schools, competitor schools, regional and national professional conferences, and local institutions of higher education. Presentations have included venues such as Webster University, Maryville University, St. Louis Cooperative School District, St. Louis Child Day Care Association, the American Montessori Society regional and national conferences, and many other training center programs.
The Center is committed to supporting the educational aspirations of its faculty and staff. They offer employee assistance programs to encourage educational advancement within the organization. The Hope Educational Assistance Program provides financial assistance to part-time employees pursuing an undergraduate degree. The Hope Montessori Assistance Program offers financial assistance to employees interested in pursuing Montessori certification. The organization's unwavering dedication to excellence in education and care for students, families, faculty, and staff sets it apart from any other private school in the Greater St. Louis area and the Central Missouri region.
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Impact
October, 2024
Hope Educational & Research Center profoundly impacts the educational landscape for over 2,000 children in Missouri each year by providing diverse and enriching educational options tailored to the unique needs of families. The center offers both Montessori-based and traditional educational approaches, ensuring that every child can thrive in an environment suited to their individual learning style.
With a strong emphasis on fostering a solid foundation for competent and responsible citizenship, it aims to cultivate effective problem-solvers and lifelong learners. The center is distinguished by its highly diversified student body, which encourages collaboration, understanding, and a sense of community among families from various backgrounds.
Maintaining the highest professional standards, the center emphasizes exceptional faculty training and ongoing professional development. Faculty members are recognized for their contributions to the field, frequently sharing their expertise at local and national conferences. This commitment to professional excellence translates into superior educational outcomes for students.
The educational experience is enhanced by state-of-the-art facilities and small student-to-teacher ratios, which support individualized attention and foster a nurturing learning environment. The dedication to continuous improvement is evident in the annual professional conference that suspends school operations to focus on the professional growth of educators.
Overall, Hope Educational & Research Center not only addresses the immediate educational needs of children but also invests in the future by developing exemplary educators and creating a community that values diversity, collaboration, and excellence in education.
This information is meant to be a general summary of Hope Educational & Research Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$1,425,206
- Program Service Revenue: $12,595,410
- Gross Receipts: $46,807,656
Assets and Liabilities:
- Total Assets: $189,329,073
- Total Liabilities: $1,617,057
- Net Assets: $187,712,016
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$12,491,979
TEACHERS EDUCATION
Revenue
$103,431
Organization Details
Founding Year
1973
Phone
(314) 469-0100Principal Officer
Mark Signorelli
Main Address
858 NORTH MASON ROAD, ST LOUIS, MO, 63141
Website
www.hopeacademy.comNTEE Category
Code: B20 - Education
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