HOPE ACADEMY CHARTER SCHOOL

HOPE ACADEMY CHARTER SCHOOL

Asbury Park, NJ, US
501(c)3
EIN
22-3785563
School

HOPE ACADEMY CHARTER SCHOOL

Asbury Park, NJ, US
501(c)3
EIN
22-3785563
School

Overview

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Est.

2001

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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Hope Academy Charter School is a nonprofit organization dedicated to charter school education, with a mission to develop intelligent, competent, compassionate, and community-minded citizens. Operating with a budget of $5.7 million and generating total revenue of $6.9 million in the 2024 filing year, the school emphasizes core values of hard work, open communication, personal commitment, and excellence. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diversified funding base to support its educational initiatives. For more information, visit their website at www.hopeacademycs.org.

Mission Statement

The mission of Hope Academy Charter School is as follows: the production of intelligent, competent, compassionate and community-minded citizens, who will teach others to be, to know, and to do like wise. The educational philosophy is embedded in our Core Values. Hard Work Open and Honest communications Personal Commitment Excellence We at Hope Academy believe that FAILURE IS NOT AN OPTION.
Revenues

$6.9M

Expenses

$5.7M

Net Income:
+$1.2M
Assets

$11.7M

Liabilities

$5.2M

Net Assets:
+$6.5M
Operating Budget

$5.7M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

2

Median grant size
$196.8K
Largest grant received
$378.6K
F
Felicia Kennedy
Board Member
C
Claudia Morgan
Board Member
K
Kevin Elam
Board Member

Frequently Asked Questions

What is HOPE ACADEMY CHARTER SCHOOL’s budget?
In 2024, HOPE ACADEMY CHARTER SCHOOL reported an annual operating budget of around $5.7 million. More detailed financial information is available to registered users.
What causes does HOPE ACADEMY CHARTER SCHOOL support?
HOPE ACADEMY CHARTER SCHOOL supports work in Charter school education.
Where does HOPE ACADEMY CHARTER SCHOOL operate?
HOPE ACADEMY CHARTER SCHOOL is headquartered in Asbury Park, NJ.
Who funded HOPE ACADEMY CHARTER SCHOOL recently?
In 2024, HOPE ACADEMY CHARTER SCHOOL received grants from NEW JERSEY PUBLIC CHARTER SCHOOLS ASSOCIATION A NJ NON PROFIT CORPORATION, MARY OWEN BORDEN MEMORIAL FUND, and NEW JERSEY PUBLIC CHARTER SCHOOLS ASSOCIATION A NJ NON PROFIT CORPORATION. More information on this organization’s funders is available to registered users.
What is the largest grant HOPE ACADEMY CHARTER SCHOOL received in 2024?
The largest grant to HOPE ACADEMY CHARTER SCHOOL in 2024 exceeds $379 thousand.
What is HOPE ACADEMY CHARTER SCHOOL’s reliance on government grants?
HOPE ACADEMY CHARTER SCHOOL relied on government grants for more than 55% of their total revenue in 2024.
Overview
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