HOPE ACADEMY INC (EIN 043592239) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

MARTIN GOLDIN

Phone

2285757757

Tax Period

2023-07-01 to 2024-06-30

HOPE ACADEMY INC, founded in 2002, is a community nonprofit in the Religion sector that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

TO OPERATE AND MANAGE HOPE ACADEMY; AN INDEPENDENT, NON-DENOMINATIONAL PRE-K2 THROUGH 12 SCHOOL LOCATED IN GULFPORT, MS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $334,939

Program Service Revenue $1,672,917

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,007,856

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,260,076

Fundraising Expenses $0

Program Expenses $1,914,408

Other Expenses $814,541

TOTAL EXPENSES $2,074,617

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,007,856	$1,623,697	+0.2%
Expenses	$2,074,617	$1,809,292	+0.1%
Net Income	$-66,761	$-185,595	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTIN GOLDIN	PRESIDENT/CHAIRMAN	20.00	Officer Director	$0	$0	$0
ALAN GOLDIN	VICE PRESIDENT/VICE CHAIRM	2.00	Officer Director	$0	$0	$0
RACHEL WOODARD	DIRECTOR	5.00	Director	$0	$0	$0
RYAN GOLDIN	DIRECTOR	10.00	Director	$0	$0	$0
MICHAEL GOLDIN	DIRECTOR	5.00	Director	$0	$0	$0
MIKE ALEXANDER	DIRECTOR	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$2,007,856	$2,074,617	$5,556,452	$-66,761
2023	$1,623,697	$1,809,292	$5,558,656	$-185,595
2021	$1,301,035	$1,381,225	$5,552,115	$-80,190
2020	$942,408	$1,309,794	$5,562,618	$-367,386

HOPE ACADEMY INC