NEW HOPE ACADEMY (EIN 631172489) - 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

1996

Legal Domicile

Principal Officer

DR TONJA WILLIAMS

Phone

6155950324

Tax Period

2022-07-01 to 2023-06-30

NEW HOPE ACADEMY, founded in 1996, is a community nonprofit in the Education sector that reported $5.2M in total revenue in fiscal year 2022. Revenue decreased 10% compared to the prior year. Expenses of $4.7M left a modest 9% surplus.

Mission

CHRIST-CENTERED SCHOOL EDUCATING CHILDREN OF DIVERSE RACIAL & SOCIOECONOMIC BACKGROUNDS BY ESTABLISHING A BIBLICAL WORLDVIEW & PREPARING EACH CHILD TO FLOURISH ACADEMICALLY, EMOTIONALLY, SOCIALLY & SPIRITUALLY.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $2,021,296

Program Service Revenue $3,177,350

Investment Income $47,368

Other Revenue $-45,700

TOTAL REVENUE $5,200,314

Expense Breakdown

Grants Paid $1,637,133

Salaries & Benefits $2,207,266

Fundraising Expenses $447,302

Program Expenses $3,534,556

Other Expenses $889,559

TOTAL EXPENSES $4,733,958

Year-over-Year Comparison

	2022	2021	Change
Revenue	$5,200,314	$5,778,572	-0.1%
Expenses	$4,733,958	$4,418,492	+0.1%
Net Income	$466,356	$1,360,080	-0.7%

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

Volunteers

100

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

$68,974

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR TONJA WILLIAMS	HEAD OF SCHO	40.00	Officer	$65,000	$3,974	$68,974
RONNIE WILLIAMS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
D'JUAN EPPS	VICE-CHAIRMA	1.00	Officer Director	$0	$0	$0
STAYKO STAYKOV	TREASURER	1.00	Officer Director	$0	$0	$0
JR GARRETT	SECRETARY	1.00	Director	$0	$0	$0
ALLENA BELL	TRUSTEE	1.00	Director	$0	$0	$0
NOEMI TURCIOS	TRUSTEE	1.00	Director	$0	$0	$0
BEKAH RUSSOM	TRUSTEE	1.00	Director	$0	$0	$0
CHRIS JENKINS	TRUSTEE	1.00	Director	$0	$0	$0
ERICA MITCHELL	TRUSTEE	1.00	Director	$0	$0	$0
ANGELA GENTRY	TRUSTEE	1.00	Director	$0	$0	$0
FRANCIS DANIEL	TRUSTEE	1.00	Director	$0	$0	$0
PATRICK KENNY	TRUSTEE	1.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$5,200,314	$4,733,958	$5,035,326	$466,356
2022	$5,778,572	$4,418,492	$4,387,183	$1,360,080
2021	$4,690,606	$4,716,013	$3,826,661	$-25,407
2020	$4,680,346	$4,279,404	$3,461,431	$400,942

NEW HOPE ACADEMY