Overview
What is Hope Academy 2 Inc?
Hope Academy 2 Inc is a nonprofit organization dedicated to providing quality education to its students. Based on the information provided, the organization operates educational programs ranging from elementary to secondary levels. Its core mission revolves around the pursuit of knowledge and graduating students with a solid educational foundation. The organization's activities and purpose are centered around education, ensuring the holistic development of its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating.
Hope Academy 2 Inc has received a Two-Star rating from Charity Navigator, indicating some strengths in its accountability and financial practices, but also highlighting areas that could be improved. The organization boasts a fully independent board, demonstrating a commitment to governance, and shows a strong program expense ratio, with all funds allocated to its programs.
While the organization has no material diversion of assets and maintains proper documentation of board meeting minutes, the overall rating reflects potential concerns in aspects not detailed in the available data. A liabilities to assets ratio of 15.59% is favorable, yet a higher rating could suggest more robust financial health or transparency in operations. Overall, the strengths indicate a foundation of good governance, but the rating suggests there's room for improvement to enhance donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Academy 2 Inc legitimate?
Hope Academy 2 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Academy 2 Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,715,037
For more financial information, click here
What is the mission statement of Hope Academy 2 Inc?
Hope Academy 2 Inc.'s mission is centered around education, as it aims to educate and graduate students through its elementary and secondary programs. The organization is committed to providing a robust educational experience, focusing on the overall development of its students. By fostering an educational environment, Hope Academy 2 Inc. strives to equip its students with the necessary knowledge and skills to thrive in their future endeavors.
Who is the CEO of Hope Academy 2 Inc?
Nirvala Autar is the President of Hope Academy 2 Inc.
What is the revenue of Hope Academy 2 Inc?
Hope Academy 2 Inc's revenue in 2021 was $4,192,680.
Who are the executives of Hope Academy 2 Inc and what are their salaries?
The average compensation at Hope Academy 2 Inc during 2021 was $32,981. There are 52 employees at Hope Academy 2 Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hope Academy 2 Inc?
Hope Academy 2 Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Hope Academy 2 Inc
Hope Academy 2 Inc is dedicated to the education of its students, providing them with both elementary and secondary education programs. At the heart of its mission is a commitment to graduating these students, with education as the primary focus. Through its educational programs, Hope Academy 2 Inc aims to equip its students with the knowledge and skills necessary for a successful future.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Hope Academy 2 Inc significantly impacts the community by providing vital educational opportunities for students in Homestead, FL. By focusing on elementary and secondary education programs, it equips students with the knowledge and skills necessary for their academic and personal growth. The academy's commitment to educating and graduating students bolsters the local educational landscape and contributes to the overall development of the community. Through its structured programs, Hope Academy 2 not only addresses immediate educational needs but also fosters a culture of learning and achievement, empowering students to pursue their goals and aspirations.
This information is meant to be a general summary of Hope Academy 2 Inc. 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 2021.
- Investment Income: $145
- Program Service Revenue: $333,228
- Gross Receipts: $4,192,680
Assets and Liabilities:
- Total Assets: $2,804,853
- Total Liabilities: $437,555
- Net Assets: $2,367,298
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD PROGRAM INCOME
Revenue
$333,228
Organization Details
Phone
(786) 573-4435Principal Officer
Nirvala Autar
Main Address
1100 OLD DIXIE HIGHWAY, HOMESTEAD, FL, 33032
NTEE Category
Code: B20 - Education
If you are a representative of Hope Academy 2 Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.