Overview
What is Hope Charter School Inc?
Hope Charter School Inc, located at 1550 East Crown Point Road, Ocoee, Florida 34761, is a nonprofit organization dedicated to providing innovative learning opportunities for students in grades kindergarten through eighth grade. Their mission is to enhance students' educational experiences by employing diverse and cutting-edge learning methods, expanding the range of learning possibilities, and introducing a novel form of accountability for schools. With a staff of 110 individuals, Hope Charter School Inc strives to empower its students by providing them with a variety of learning experiences, fostering their academic growth and development.
Official website here: www.hopecharter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Hope Charter School Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its organizational practices. The overall score of 73% is based solely on the Accountability & Finance beacon, highlighting a strong focus in this area but also revealing some significant gaps, particularly in governance policies. While the school has an independent board and demonstrates good financial oversight, there are missing policies such as a whistleblower policy and document retention guidelines that are crucial for transparency and accountability.
The school shows a commendable program expense ratio of 88.48%, suggesting that a large portion of its funds is directed towards its educational programs. However, the liabilities to assets ratio of 70.31% raises concerns about financial stability, which may affect its long-term viability. Stakeholders should note that while the school performs well in several financial metrics, the absence of critical governance documents and policies may impede its operational effectiveness.
Additionally, the school's impact, culture, and leadership metrics have not been scored, indicating that there is room for improvement in these areas as well. Enhancing its governance framework and addressing the identified gaps could lead to better performance ratings in the future. Overall, while Hope Charter School Inc demonstrates strengths in financial management, focused attention on its governance practices is essential for future growth and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Charter School Inc legitimate?
Hope Charter School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Charter School 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: $2,305,017
For more financial information, click here
Official website here: www.hopecharter.org
What is the mission statement of Hope Charter School Inc?
Hope Charter School Inc's mission is centered around enhancing student learning experiences. This is achieved by implementing various and innovative learning methods. The school aims to broaden the range of learning opportunities available to students and establish a new form of accountability for educational institutions. By doing so, Hope Charter School Inc strives to improve the educational landscape, fostering a more engaging and effective learning environment for students in grades Kindergarten through Eighth Grade.
Official website here: www.hopecharter.org
Who is the CEO of Hope Charter School Inc?
Crystal Yoakum is the Board Member of Hope Charter School Inc.
Official website here: www.hopecharter.org
What is the revenue of Hope Charter School Inc?
Hope Charter School Inc's revenue in 2022 was $4,516,764.
Official website here: www.hopecharter.org
Who are the executives of Hope Charter School Inc and what are their salaries?
The average compensation at Hope Charter School Inc during 2022 was $20,955. There are 110 employees and 20 volunteers at Hope Charter School Inc.
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Official website here: www.hopecharter.org
Where can I find the form 990 for Hope Charter School Inc?
Hope Charter School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopecharter.org
Learn more at the official website: www.hopecharter.org
Mission Statement of Hope Charter School Inc
Hope Charter School Inc is committed to enhancing the learning experience for students in grades kindergarten through eighth grade. This is achieved by implementing diverse and innovative learning methods. The school's mission is twofold: firstly, it aims to expand the range of learning opportunities available to students; and secondly, it seeks to establish a new form of accountability for schools. By doing so, Hope Charter School Inc strives to elevate the quality of education and foster a more engaging learning environment for its students.
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Impact
July, 2024
Hope Charter School Inc's impact lies in revolutionizing the way students learn by offering innovative and personalized educational techniques. By expanding the range of learning options and introducing a new model of school accountability, the school is significantly enhancing students' academic experiences. Through its dedication to fostering a learning environment that caters to individual needs, Hope Charter School Inc is playing a crucial role in shaping the future of education for students in grades kindergarten through eighth grade in Ocoee, FL.
This information is meant to be a general summary of Hope Charter School 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 2022.
- Program Service Revenue: $4,012,875
- Gross Receipts: $4,858,979
Assets and Liabilities:
- Total Assets: $6,192,184
- Total Liabilities: $4,763,650
- Net Assets: $1,428,534
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FUND
Revenue
$3,778,097
CAPITAL OUTLAY FUND
Revenue
$227,878
TEACHER LEAD
Revenue
$6,900
Organization Details
Founding Year
2000
Phone
(407) 656-4673Principal Officer
Crystal Yoakum
Main Address
1550 EAST CROWN POINT ROAD, OCOEE, FL, 34761
Website
www.hopecharter.orgNTEE Category
Code: B29 - Education
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