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Academy Of Hope Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 274513230 ✦ Conway, SC ✦ Designated as a 501(c)(3)

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Overview

What is Academy Of Hope Inc?

Academy of Hope Inc, located in Conway, South Carolina, is a dedicated nonprofit organization with a mission to empower students in Horry County. Their unique approach involves offering challenging academic programs that aim to inspire hope and foster intellectual growth. The organization's primary goal is to nurture character, stimulate critical thinking, foster intellectual curiosity, cultivate entrepreneurship, and instill a sense of global responsibility in every student they serve. With a team of 28 dedicated individuals, Academy of Hope Inc seeks to maximize each student's potential, ultimately contributing to positive change on both local and global platforms.


Official website here: www.theacademyofhope.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)

Academy of Hope Inc has achieved an impressive 96% rating on Charity Navigator, indicating high marks in accountability and finance. This score reflects the organization’s strong governance practices, including a fully independent board and comprehensive financial audits. The charity has demonstrated a commitment to transparency, evidenced by the presence of a whistleblower policy, conflict of interest policy, and properly maintained board meeting minutes.

The organization excels in its financial performance, with a program expense ratio of 80.28%, meaning a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the liabilities to assets ratio of 28.74% suggests that the charity maintains a healthy financial position, minimizing financial risk and ensuring sustainability.

While the data reflects a robust operational framework, it is crucial to note that all insights are based on a single beacon score. Future assessments could provide a more comprehensive view of the organization’s long-term impact and effectiveness beyond financial measures.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Academy Of Hope Inc?

76% of 21 reviewers on Facebook recommend Academy of Hope Inc. Here is a summary of their reviews:

While some users have expressed frustration regarding unsolicited communications, indicating they haven't engaged with the school directly, there are indications that others may have had a different experience. The negative sentiment from one reviewer points to a gap in communication that could benefit from improvement.

Overall, the mixed reviews suggest that while some individuals appreciate the efforts of Academy of Hope Inc., there is a need for clearer outreach and understanding of their audience. Enhancing transparency and ensuring that prospective students have a better experience may help in building a more positive perception moving forward.


This AI summary has been generated from reviews found on Facebook.

Is Academy Of Hope Inc legitimate?

Academy Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Of Hope 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: $927,567

For more financial information, click here


Official website here: www.theacademyofhope.org

What is the mission statement of Academy Of Hope Inc?

Academy of Hope Inc's mission is centered around maximizing the potential in every student. This is achieved by fostering character development, encouraging critical thinking, stimulating intellectual curiosity, nurturing entrepreneurship, and instilling a sense of global responsibility. The organization aims to enable students to excel academically, professionally, and as citizens. They accomplish this by offering unique opportunities that challenge intellectual abilities and provide hope for future aspirations. The rigorous coursework provided serves as a catalyst for positive change, impacting both local and global platforms.


Official website here: www.theacademyofhope.org

Who is the CEO of Academy Of Hope Inc?

Melissa Mccloud is the Exec Director/Principal of Academy Of Hope Inc.


Official website here: www.theacademyofhope.org

What is the revenue of Academy Of Hope Inc?

Academy Of Hope Inc's revenue in 2022 was $1,983,814.


Official website here: www.theacademyofhope.org

Who are the executives of Academy Of Hope Inc and what are their salaries?

The average compensation at Academy Of Hope Inc during 2022 was $33,127. There are 28 employees and 5 volunteers at Academy Of Hope Inc.


Here are 5 key members and their salaries:


Melissa Mccloud (Exec Director/Principal)
  • Compensation: $108,750
  • Related: $0
  • Other: $0
Marvin Keene (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deloris Rozier (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Woodrow Jackson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry White (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.theacademyofhope.org

Where can I find the form 990 for Academy Of Hope Inc?

Academy Of Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.theacademyofhope.org

Learn more at the official website: www.theacademyofhope.org

Mission Statement of Academy Of Hope Inc

Academy of Hope Inc, a nonprofit organization, is committed to maximizing the potential within each student. They aim to achieve this by fostering character development, promoting critical thinking, encouraging intellectual curiosity, and instilling a sense of global responsibility. The organization's mission is to provide unique opportunities that challenge students intellectually, giving them hope to dream of a brighter future. These opportunities are designed to ultimately serve as a catalyst for positive change, not only on a local but also on a global platform. The goal is to help students excel as scholars, professionals, and citizens. The Academy of Hope Inc's mission is to empower its students, shaping them into individuals who can make a meaningful impact in their communities and beyond.

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Impact




October, 2024

Academy Of Hope Inc maximizes the potential inherent in each student by focusing on character building, fostering critical thinking, and encouraging intellectual curiosity. By cultivating entrepreneurship and instilling a sense of global responsibility, this organization enables students in Horry County to excel as scholars, professionals, and engaged citizens.

Through unique opportunities and meaningful, rigorous coursework, the Academy challenges students' intellectual abilities while providing hope and inspiration for their future dreams. The impact resonates beyond individual students, as it aims to create a catalyst for positive change, influencing both local communities and global platforms. This commitment to education fosters not only academic excellence but also societal responsibility, ultimately leading to a generation of well-rounded individuals ready to contribute to the world around them.




This information is meant to be a general summary of Academy Of Hope 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.

Revenue
$1,983,814 (2022)
Expenses
$1,764,729 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $108
  • Program Service Revenue: $4,646
  • Gross Receipts: $1,983,814

Assets and Liabilities:

  • Total Assets: $658,657
  • Total Liabilities: $182,299
  • Net Assets: $476,358

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

OTHER REVENUE

Revenue

$2,725

SCHOOL LUNCH SALES

Revenue

$1,756

TUITION AND FEES

Revenue

$135

PUPIL ACTIVITY

Revenue

$30

Organization Details

Founding Year

2009

Principal Officer

Melissa Mccloud

Main Address

3521 JUNIPER BAY ROAD, CONWAY, SC, 29527

NTEE Category

Code: B29 - Education

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