PLANO, TX
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)NEW HOPE EDUCATION INC, founded in 2017, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2022. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $2.1M exceeded revenue, resulting in a 25% operating deficit.
NEW HOPE CHRISTIAN ACADEMY IS A SCHOOL OF ACADEMIC EXCELLENCE; COMMITTED TO DEVELOPING CHRISTIAN LEADERSHIP,COMPASSION FOR OTHERS, AND CULTIVATING GOD'S PURPOSE ACADEMICALLY AND SPIRITUALLY IN THE LIVES OF THE INDIVIDUAL STUDENT SERVED. THE SCHOOL IS DESIGNED TO MEET THE NEEDS OF FAMILIES WHO DESIRE AN EDUCATION FOR THEIR STUDENTS FROM A BIBLICAL PERSPECTIVE, AND TO PREPARE STUDENTS TO ENTER ADULTHOOD WITH ASSURANCE OF GOD'S PURPOSE FOR THEIR LIVES. OUR VISION INCLUDES PROVIDING A CHRISTIAN EDUCATION OF ACADEMIC EXCELLENCE TO MEET THE NEEDS OF ALL STUDENTS,REGARDLESS OF RACE, NATIONALITY, ETHNIC ORGIN, PHYSICAL CHALLENGES, OR ECONOMIC LIMITATIONS.
THE ACADEMY PROVIDES A PERSONALIZED CHRISTIAN EDUCATION TAILORED TO EACH STUDENT'S UNIQUE NEEDS AND GOALS. OUR APPROACH ENSURES THAT EVERY STUDENT CAN SUCCEED ACADEMICALLY AND REACH THEIR FULL...
THE ACADEMY PROVIDES A PERSONALIZED CHRISTIAN EDUCATION TAILORED TO EACH STUDENT'S UNIQUE NEEDS AND GOALS. OUR APPROACH ENSURES THAT EVERY STUDENT CAN SUCCEED ACADEMICALLY AND REACH THEIR FULL POTENTIAL. THERE WERE 84 STUDENTS SERVED DURING THIS FISCAL YEAR.
THE NEST DAYCARE AND PRESCHOOL OFFERS A COMPREHENSIVE CURRICULUM WHICH INCLUDES LANGUAGE, MATH, SCIENCE, MUSIC, ART, AND PHYSICAL ACTIVITIES. THE NEST IS A STRONG CHRISTIAN-BASED DEVELOPMENTAL...
THE NEST DAYCARE AND PRESCHOOL OFFERS A COMPREHENSIVE CURRICULUM WHICH INCLUDES LANGUAGE, MATH, SCIENCE, MUSIC, ART, AND PHYSICAL ACTIVITIES. THE NEST IS A STRONG CHRISTIAN-BASED DEVELOPMENTAL PROGRAM MEANT TO ENCOURAGE GROWTH MENTALLY, SOCIALLY, AND EMOTIONALLY. EIGHTY-FIVE CHILDREN WERE SERVED DURING THIS FISCAL YEAR.
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%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $1,676,560 | $1,257,886 | +0.3% |
| Expenses | $2,096,576 | $1,231,293 | +0.7% |
| Net Income | $-420,016 | $26,593 | -16.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JIM MIMS | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| MELISSA HAILEY | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TROY GEESAMAN | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD FRICKS | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| AUSTIN STRATTON | MEMBER | 0.20 |
Director
|
$0 | $0 | $0 |
| DIANA MIMS | HEAD OF SCHOOL | 60.00 |
Officer
Director
|
$34,087 | $0 | $34,087 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $1,676,560 | $2,096,576 | $67,387 | $-420,016 |
| 2022 | $1,257,886 | $1,231,293 | $339,066 | $26,593 |
| 2021 | $775,814 | $925,623 | $85,849 | $-149,809 |
Compare NEW HOPE EDUCATION INC with other nonprofits in Texas and across the country.