Hope Academy Incorporated

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

EIN: 812752344 ✦ Groveland, FL ✦ Designated as a 501(c)(3)

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Overview

What is Hope Academy Incorporated?

Hope Academy Incorporated is a nonprofit organization situated in Groveland, Florida. Their primary mission is to provide equal access to education for all students, fostering a Christian-based environment that prepares them for higher education and future leadership roles. The academy aims to empower, educate, and elevate students in mind, body, and spirit, with a strong focus on career and college readiness. By offering robust educational opportunities within a faith-based setting, Hope Academy prepares its students to become dynamic leaders for Christ.


Official website here: www.gohopeacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Hope Academy Incorporated has received an overall score of 81%, which results in a Three-Star rating from Charity Navigator. This score is based solely on their Accountability & Finance metrics, indicating a strong emphasis on financial transparency and governance. The organization has demonstrated a commitment to maintaining a majority-independent board and has no reported material diversion of assets, which is a significant positive aspect of their operations.

Strengths highlighted in the evaluation include a high percentage of program expenses, with 93.01% of their total expenses directed towards their programs. This shows that the majority of their funds are being utilized effectively to support their mission. Additionally, the organization has established solid financial policies, including conflict of interest and whistleblower protections, all of which contribute to a strong accountability framework.

While the organization has performed well in terms of accountability, it is worth noting that the overall rating relies entirely on financial criteria. Therefore, potential donors may want to look for additional information regarding the organization's programmatic impact and effectiveness to gain a fuller picture of its overall performance and contributions to its mission.


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

Is Hope Academy Incorporated legitimate?

Hope Academy Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Academy Incorporated 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: $129,234
Professional Fundraising Fees: $0
Other Salaries and Wages: $533,028

For more financial information, click here


Official website here: www.gohopeacademy.org

What is the mission statement of Hope Academy Incorporated?

Hope Academy Incorporated aims to empower, educate, and elevate all its students, focusing on their mind, body, and spirit. The academy has a strong focus on preparing students for college and career readiness, with the ultimate goal of turning them into dynamic leaders. It provides equal access to robust educational opportunities in a Christian-based environment, ensuring students are well-prepared for higher education. Hope Academy incorporates college preparation courses into its curriculum to equip students with the necessary skills and knowledge.


Official website here: www.gohopeacademy.org

Who is the CEO of Hope Academy Incorporated?

Jodie Mccoy is the Founder of Hope Academy Incorporated.


Official website here: www.gohopeacademy.org

What is the revenue of Hope Academy Incorporated?

Hope Academy Incorporated's revenue in 2023 was $1,108,748.


Official website here: www.gohopeacademy.org

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

There 3 volunteers at Hope Academy Incorporated.


Here are 10 key members and their salaries:


Anthony Mccoy (Founder)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodie Mccoy (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randolph Waite (Former High School Principal/Head)
  • Compensation: $76,573
  • Related: $0
  • Other: $0
Eucretia Waite (Former Middle School Principal/Di)
  • Compensation: $42,554
  • Related: $0
  • Other: $0
Winston Simon (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheryl Williams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Calandria Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Mabry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Khrystyna Tremaine (Admissions Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deontevius Shazier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gohopeacademy.org

Where can I find the form 990 for Hope Academy Incorporated?

Hope Academy Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.gohopeacademy.org

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

Mission Statement of Hope Academy Incorporated

Hope Academy Incorporated is committed to empowering, educating, and elevating all of its enrolled students, focusing on both their mind, body, and spirit. With a strong emphasis on career and college readiness, the academy aims to nurture its students into dynamic leaders for Christ. The educational institution provides equal access to robust opportunities in a Christian-based environment, meticulously preparing them for their college journey. Hope Academy Incorporated is dedicated to fostering an environment that equips its students with the necessary skills and knowledge to succeed in their academic pursuits and beyond.

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Impact




July, 2024

Hope Academy Incorporated's impact is evident in its commitment to empowering, educating, and elevating all students enrolled in mind, body, and spirit with a focus on career and college readiness. By providing equal access to robust educational opportunities in a Christian-based environment, the academy prepares students for success in college and beyond. Through its emphasis on college prep courses and fostering dynamic leaders for Christ, Hope Academy is making a significant difference in the lives of its students and the community.




This information is meant to be a general summary of Hope Academy Incorporated. 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
$1,108,748 (2023)
Expenses
$1,147,305 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9,611
  • Program Service Revenue: $1,093,215
  • Gross Receipts: $1,108,748

Assets and Liabilities:

  • Total Assets: $461,061
  • Total Liabilities: $113,571
  • Net Assets: $347,490

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Programs

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

SCHOOL TUITION AND FEE

Revenue

$941,464

FOOD PROGRAM

Revenue

$151,751

Organization Details

Founding Year

2016

Principal Officer

Jodie Mccoy

Main Address

PO BOX 507, GROVELAND, FL, 34736

NTEE Category

Code: B25 - Education

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