ACADEMY OF HOPE FOUNDATION

EIN: 851529326 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$398,072
Total Expenses
$166,787
Total Assets
$288,557
Net Assets
$282,207
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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
2020
Legal Domicile
DC
Principal Officer
MARK KUTNER
Phone
2022696623
Tax Period
2023-07-01 to 2024-06-30

ACADEMY OF HOPE FOUNDATION, founded in 2020, is a small nonprofit in the Education sector that reported $398K in total revenue in fiscal year 2023. Revenue surged 1345% from the prior year, signaling strong growth momentum. The organization ran a surplus of $231K, a strong 58% operating margin.

Mission

TO FOSTER PERSONAL AND PROFESSIONAL GROWTH THROUGH EDUCATION AND SKILL-BUILDING. THROUGH ITS SUPPORT AND PHILANTHROPIC ACTIVITIES, ACADEMY OF HOPE FOUNDATION ENSURES THAT ADULT LEARNERS CAN ACHIEVE THEIR GOALS AND MAXIMIZE THEIR POTENTIAL THROUGH EDUCATION, CAREER DEVELOPMENT AND UPSKILLING.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $238,785
Program Service Revenue $159,287
Investment Income $0
Other Revenue $0
TOTAL REVENUE $398,072

Expense Breakdown

Grants Paid $68,350
Salaries & Benefits $0
Fundraising Expenses $49,888
Program Expenses $90,922
Other Expenses $98,437
TOTAL EXPENSES $166,787

Year-over-Year Comparison

2023 2022 Change
Revenue $398,072 $27,540 +13.5%
Expenses $166,787 $30,435 +4.5%
Net Income $231,285 $-2,895 -80.9%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
7

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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL SUIJK CHAIR 1.00
Officer Director
$0 $0 $0
TERRY SALINGER SECRETARY 1.00
Officer Director
$0 $0 $0
MARK KUTNER TREASURER 1.00
Officer Director
$0 $0 $0
NINA BENTON DIRECTOR 0.50
Director
$0 $0 $0
LAWRENCE MEYER DIRECTOR 0.50
Director
$0 $0 $0
LYNN ENGLISH DIRECTOR 0.50
Director
$0 $0 $0
LECESTER JOHNSON CEO 20.00
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 $398,072 $166,787 $288,557 $231,285
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