HOPE ACADEMY CHARTER SCHOOL (EIN 223785563) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Phone

7329884227

Tax Period

2022-07-01 to 2023-06-30

HOPE ACADEMY CHARTER SCHOOL, founded in 2001, is a community nonprofit in the Education sector that reported $6.8M in total revenue in fiscal year 2022. Expenses of $6.0M left a modest 11% surplus.

Mission

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.

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Trantor Score

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

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $6,974,475

Program Service Revenue $0

Investment Income $59,502

Other Revenue $-242,359

TOTAL REVENUE $6,791,618

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,299,547

Fundraising Expenses $0

Program Expenses $3,423,908

Other Expenses $1,748,522

TOTAL EXPENSES $6,048,069

Year-over-Year Comparison

	2022	2021	Change
Revenue	$6,791,618	$6,592,241	+0.0%
Expenses	$6,048,069	$5,873,252	+0.0%
Net Income	$743,549	$718,989	+0.0%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

N/A

Employees

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
DAVISHA PRATT	HEAD OF SCHOOL	40.00		$222,844	$0	$222,844
FELICIA KENNEDY	BUSINESS ADMINISTRATOR	40.00		$118,711	$0	$118,711
KEVIN ELAM	Trustee	3.00	Director	$0	$0	$0
JAKORA HOLMAN	Trustee	3.00	Director	$0	$0	$0
KANESHA JONES	Trustee	3.00	Director	$0	$0	$0
JASMINE MARSHALL-BUTLER	Trustee	3.00	Director	$0	$0	$0
ESTELLE CADET	Trustee	3.00	Director	$0	$0	$0
CLAUDIA MORGAN	President	3.00	Officer	$0	$0	$0
SHEREE JONES	Vice President	3.00	Officer	$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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$6,791,618	$6,048,069	$10,783,367	$743,549
2022	$6,592,241	$5,873,252	$10,130,909	$718,989
2021	$5,176,124	$4,538,060	$9,005,380	$638,064

HOPE ACADEMY CHARTER SCHOOL