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Generation Of Hope Academy Inc

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

EIN: 472486198 ✦ Orlando, FL ✦ Designated as a 501(c)(3)

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Overview

What is Generation Of Hope Academy Inc?

Generation of Hope Academy Inc., located in Orlando, Florida, is a nonprofit organization that delivers an educational curriculum with a unique blend of teaching and a Christian foundation rooted in the Word of God. Their mission is to foster the moral and emotional growth of students, aiming to cultivate a generation of responsible leaders aligned with biblical and educational values. The academy caters to children from Kindergarten to 12th grade and served 85 students during the 2021-2022 school year, marking its seventh year of operations. The team behind Generation of Hope Academy consists of 17 dedicated individuals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87% (Three-Star out of Four Star rating)

Generation Of Hope Academy Inc has received a commendable rating of 87%, reflecting strong performance in accountability and finance. The overall score is based solely on this aspect, indicating that the organization operates with a high level of transparency and fiscal responsibility. This score is particularly notable for potential donors looking for effective management of their contributions.

The organization boasts a solid governance structure, with 71% of its board members being independent. Additionally, it has maintained a robust policy framework, including a clear conflict of interest policy and effective document retention practices. The absence of any material diversion of assets further underscores its commitment to ethical management.

On the financial front, Generation Of Hope Academy Inc demonstrates an impressive program expense ratio of 86.32%, signaling that a significant portion of its resources is directed towards its mission-related activities. With a liabilities to assets ratio of only 0.13%, the organization appears to be in a stable financial position, making it a trustworthy option for potential donors.


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

Is Generation Of Hope Academy Inc legitimate?

Generation Of Hope Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Generation Of 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: $125,920
Professional Fundraising Fees: $0
Other Salaries and Wages: $237,379

For more financial information, click here

What is the mission statement of Generation Of Hope Academy Inc?

Generation of Hope Academy Inc. is dedicated to providing an educational curriculum that harmonizes teaching with a strong Christian foundation, centered around the Word of God. The institution's mission is to equip students with knowledge, focusing on balancing spiritual and academic growth. By integrating biblical values into its education, Generation of Hope Academy aims to foster the development of a generation of hope, empowering students with both moral and emotional strength. The Academy's objective is to raise student leaders who uphold both educational and biblical values, working towards a more positive future. The Academy offers education from Kindergarten to 12th grade, with a total student body of 85 children during the 2021-2022 school year.

Who is the CEO of Generation Of Hope Academy Inc?

Ephrain Padilla is the President of Generation Of Hope Academy Inc.

What is the revenue of Generation Of Hope Academy Inc?

Generation Of Hope Academy Inc's revenue in 2022 was $632,667.

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

The average compensation at Generation Of Hope Academy Inc during 2022 was $21,371. There are 17 employees and 5 volunteers at Generation Of Hope Academy Inc.


Here are 4 key members and their salaries:


Ephrain Padilla (President)
  • Compensation: $64,160
  • Related: $0
  • Other: $2,350
Milka Padilla (Vice President)
  • Compensation: $61,760
  • Related: $0
  • Other: $0
Maria Ojeda (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maritza Sanchez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Generation Of Hope Academy Inc?

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

Mission Statement of Generation Of Hope Academy Inc

Generation of Hope Academy Inc, as an institution, is dedicated to imparting knowledge through an educational curriculum that harmoniously integrates teaching with a Christian foundation rooted in the Word of God. The academy's mission is to foster the moral and emotional growth of its students, aiming to raise a generation of future leaders who uphold both biblical and educational values. By doing so, Generation of Hope Academy Inc strives to contribute to the creation of a more promising world. During the 2021-2022 school year, the academy provided education from Kindergarten to 12th grade, serving a total of 85 students.

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Impact




July, 2024

Generation Of Hope Academy Inc, through its educational curriculum grounded in Christian values and teachings, has been able to positively impact the moral and emotional development of its students. By empowering a generation of student leaders committed to biblical and educational values, the Academy is working towards creating a better world. With a student body of 85 children in the most recent school year, Generation Of Hope Academy Inc is contributing to the education and character development of young individuals in Orlando, FL.




This information is meant to be a general summary of Generation 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.

Revenue
$632,667 (2022)
Expenses
$648,070 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $27
  • Gross Receipts: $632,667

Assets and Liabilities:

  • Total Assets: $695,961
  • Total Liabilities: $5,052
  • Net Assets: $690,909

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Organization Details

Founding Year

2014

Principal Officer

Ephrain Padilla

Main Address

1131 N Goldenrod Rd, Orlando, FL, 32807

NTEE Category

Code: B24 - Education

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