Overview
What is New Hope Education Inc New Hope Christian Academy?
New Hope Education Inc, specifically its affiliate, New Hope Christian Academy, is a nonprofit organization situated in Plano, Texas. They specialize in providing elementary and secondary education services, with a total revenue of $621,143 last year. The academy is committed to fostering Christian leadership, empathy, and recognizing God's purpose in students' lives. The school caters to families seeking an education from a biblical perspective, preparing students to embark on adulthood with a sense of their divine purpose. New Hope Christian Academy strives to offer a high-quality Christian education, catering to the needs of all students, regardless of their racial, national, ethnic, physical, or economic backgrounds.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
New Hope Education Inc, which operates New Hope Christian Academy, has received a low overall rating of 52% from Charity Navigator, indicating significant concerns regarding its financial practices and transparency. The organization shows a strong commitment to its programs, with a program expense ratio of 93.51%, suggesting that most of its expenses are directed towards fulfilling its mission. However, the absence of financial statements and crucial governance policies like conflict of interest and whistleblower policies raise red flags about its accountability.
Despite having a majority of independent board members, the lack of publicly available financial documentation and policies can hinder trust and accountability. The organization has a substantial liabilities to assets ratio of 1337.85%, which could indicate financial instability. While the presence of documented board meeting minutes is a positive aspect, the overall transparency and governance practices appear to be lacking, potentially impacting donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is New Hope Education Inc New Hope Christian Academy legitimate?
New Hope Education Inc New Hope Christian Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hope Education Inc New Hope Christian Academy 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: $756,872
For more financial information, click here
What is the mission statement of New Hope Education Inc New Hope Christian Academy?
New Hope Christian Academy, an institution committed to academic excellence, aims to nurture Christian leadership and foster compassion towards others. The school's mission is to cultivate God's purpose in the lives of its students academically and spiritually. It caters to families seeking an education from a biblical perspective, preparing students to face adulthood with a strong sense of God's purpose for their lives. The academy's vision includes providing a high-quality Christian education, irrespective of race, nationality, ethnic origin, physical challenges, or economic limitations, to meet the needs of all students.
Who is the CEO of New Hope Education Inc New Hope Christian Academy?
Unavailable
What is the revenue of New Hope Education Inc New Hope Christian Academy?
New Hope Education Inc New Hope Christian Academy's revenue in 2022 was $1,257,886.
Who are the executives of New Hope Education Inc New Hope Christian Academy and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for New Hope Education Inc New Hope Christian Academy?
New Hope Education Inc New Hope Christian Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Hope Education Inc New Hope Christian Academy
New Hope Education Inc's New Hope Christian Academy is dedicated to providing a high-quality Christian education that fosters academic excellence, nurtures Christian leadership, and encourages compassion for others. The academy aims to cultivate God's purpose in the lives of its students, serving families who seek a biblical perspective in their children's education. The institution is committed to meeting the needs of students from diverse backgrounds, including different races, nationalities, ethnic origins, physical challenges, and economic limitations. Its vision extends beyond academic achievement, preparing students to confidently step into adulthood with a clear understanding of God's purpose for their lives.
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Impact
July, 2024
New Hope Christian Academy, operated by New Hope Education Inc, has a significant impact on the lives of students and the community. The academy is dedicated to providing academic excellence while nurturing Christian leadership and compassion among its students. By cultivating a dual focus on academic and spiritual development, the academy prepares individuals to embrace God's purpose as they transition into adulthood.
Through its commitment to offering a Christian education of high academic standards, New Hope Christian Academy ensures that students receive a comprehensive learning experience. This focus on educational excellence equips students with the skills and knowledge they need to succeed in their academic pursuits and future endeavors.
Moreover, the academy's inclusive vision emphasizes providing this quality education to students from diverse backgrounds, regardless of race, nationality, physical challenges, or economic limitations. By fostering a welcoming and supportive environment, New Hope Christian Academy promotes diversity and equal access to education.
Overall, the impact of New Hope Christian Academy extends beyond the classroom, empowering students to grow academically, spiritually, and personally. The academy's emphasis on Christian values and academic rigor helps shape future leaders who are equipped to make a positive difference in their communities and beyond.
This information is meant to be a general summary of New Hope Education Inc New Hope Christian Academy. 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.
- Gross Receipts: $1,257,886
Assets and Liabilities:
- Total Assets: $339,066
- Total Liabilities: $737,497
- Net Assets: -$398,431
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITIONS & FEES
Organization Details
Founding Year
2017
Phone
(214) 704-3213Main Address
1501 H AVENUE, PLANO, TX, 75074
NTEE Category
Code: B20 - Education
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