Overview
What is Hope Academy Inc?
Hope Academy Inc is a Minneapolis-based nonprofit organization that operates a K-12 school in urban Minneapolis. The school offers a classical Christian education with a goal of nurturing faith in God within the inner-city neighborhoods of Minneapolis. Hope Academy provides youth with a quality, God-centered education, catering to students from kindergarten to twelfth grade. The organization, with a staff of 207 employees, is dedicated to fostering hope and spiritual growth, focusing on the unique educational needs of the inner city.
Official website here: www.hopeschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Hope Academy Inc has earned a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With an impressive score of 95 in Accountability & Finance and a perfect score of 100 in Leadership & Adaptability, the organization demonstrates strong financial practices and governance. The program expense ratio of nearly 89% shows that a significant portion of their funds directly supports their mission, which is further supported by a low fundraising efficiency ratio of just $0.04, indicating effective fundraising efforts.
User feedback from Great Nonprofits highlights the impact of Hope Academy on the community, particularly its commitment to providing values-based education for inner-city children. A volunteer praised the organization for its high-quality K-12 training and the dedication of its staff, noting the positive changes seen in students' lives. This feedback underscores the organization’s effectiveness in fulfilling its mission and the appreciation from those it serves.
However, while the majority of the governance scores are high, the absence of a whistleblower policy has been noted, which could be a potential area for improvement. Overall, Hope Academy Inc appears to be a well-managed nonprofit with a strong community impact, reflecting positively in both its financial accountability and user satisfaction.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Hope Academy Inc?
100% of 20 reviewers on Facebook recommend Hope Academy Inc. Here is a summary of their reviews:
The consensus among reviewers is overwhelmingly positive, highlighting the school's nurturing environment. Many describe it as a place that feels like a big family, emphasizing the love and care extended not only to the children but also to their families.
Overall, the feedback reflects a strong sense of community and appreciation for the services provided, suggesting that Hope Academy truly meets the needs of its students and families.
This AI summary has been generated from reviews found on Facebook.
Is Hope Academy Inc legitimate?
Hope Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Academy 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: $218,837
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,181,489
For more financial information, click here
Official website here: www.hopeschool.org
What is the mission statement of Hope Academy Inc?
Hope Academy Inc is dedicated to providing a classical Christian education that fosters hope in God for inner-city youth. The organization operates a K-12 school with a goal of delivering a God-centered education that uplifts children in urban areas. Through this remarkable education, it aims to instill a sense of hope and faith within the next generation. The school welcomes students from all grades, kindergarten through twelve, and prioritizes providing a high-quality education.
Official website here: www.hopeschool.org
Who is the CEO of Hope Academy Inc?
Russ Gregg is the Head Of Scho of Hope Academy Inc.
Official website here: www.hopeschool.org
What is the revenue of Hope Academy Inc?
Hope Academy Inc's revenue in 2023 was $27,043,718.
Official website here: www.hopeschool.org
Who are the executives of Hope Academy Inc and what are their salaries?
The average compensation at Hope Academy Inc during 2023 was $35,750. There are 207 employees and 235 volunteers at Hope Academy Inc.
Here are 12 key members and their salaries:
- Compensation: $168,729
- Related: $0
- Other: $6,749
- Compensation: $114,044
- Related: $0
- Other: $10,243
- Compensation: $54,523
- Related: $0
- Other: $9,499
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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Official website here: www.hopeschool.org
Where can I find the form 990 for Hope Academy Inc?
Hope Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hopeschool.org
Learn more at the official website: www.hopeschool.org
Mission Statement of Hope Academy Inc
Hope Academy Inc is a nonprofit organization that runs a K-12 school in an urban area of Minneapolis. Its mission is to offer a classical Christian education that instills hope in God within the inner-city neighborhoods by providing youth with an exceptional God-centered education.
At Hope Academy Inc, students from kindergarten through twelfth grade receive a well-rounded education that focuses on their spiritual growth alongside their academic development. The school's dedication to fostering hope in God sets it apart from other educational institutions, making it an essential resource for families in the community.
By providing a Christ-centered education, Hope Academy Inc goes beyond the typical curriculum to cultivate a deep appreciation for faith and spirituality within its students. This unique approach not only helps students academically but also prepares them for a fulfilling life rooted in their faith. The organization's commitment to excellence ensures that all expenses are directed towards providing a high-quality education that sets its students up for success.
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Impact
October, 2024
Hope Academy Inc has a transformative impact on the urban landscape of Minneapolis by delivering a classical Christian education to students from kindergarten through twelfth grade. By focusing on a God-centered curriculum, the academy fosters a sense of hope and purpose among youth in inner-city neighborhoods, empowering them to pursue academic excellence and personal growth.
In providing a high-quality education rooted in Christian principles, Hope Academy not only prepares students academically but also encourages them to develop strong moral and ethical foundations. This holistic approach helps to inspire positive changes in the community, as graduates are equipped to navigate life's challenges with resilience and faith.
By nurturing the academic and spiritual development of its students, Hope Academy plays a crucial role in combating the cycle of poverty and hopelessness often faced in urban settings. The organization's commitment to guiding youth toward a brighter future reflects a deep investment in the community, aiming to shape leaders who will uplift those around them.
This information is meant to be a general summary of Hope Academy 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 2023.
- Investment Income: $635,569
- Program Service Revenue: $796,986
- Gross Receipts: $41,719,878
Assets and Liabilities:
- Total Assets: $42,742,682
- Total Liabilities: $1,128,795
- Net Assets: $41,613,887
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND SCHOOL FEES
Revenue
$796,986
Organization Details
Founding Year
2000
Phone
(612) 540-2200Principal Officer
Russ Gregg
Main Address
2300 CHICAGO AVENUE S, MINNEAPOLIS, MN, 55404
Website
www.hopeschool.orgNTEE Category
Code: B24 - Education
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