CHRISTIAN HOPE ACADEMY INC

EIN: 871621791 501(c)(3) Education

GASTON, SC

Total Revenue
$434,954
Total Expenses
$450,683
Total Assets
$48,661
Net Assets
$48,661
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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
2021
Legal Domicile
SC
Phone
8033312393
Tax Period
2023-07-01 to 2024-06-30

CHRISTIAN HOPE ACADEMY INC, founded in 2021, is a small nonprofit in the Education sector that reported $435K in total revenue in fiscal year 2023. Revenue surged 70% from the prior year, signaling strong growth momentum.

Mission

The specific purpose for which the corporation is initially organized is to establish and operate a Christian K-12 school and child/daycare center and to also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are consistent with Section 501(c)(3) of the Internal Revenue Code. This corporation is organized and operated exclusively for religious and educational purposes within the meaning of Section 501(c)(3), Internal Revenue Code.

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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 $0
Program Service Revenue $434,954
Investment Income $0
Other Revenue $0
TOTAL REVENUE $434,954

Expense Breakdown

Grants Paid $0
Salaries & Benefits $232,720
Fundraising Expenses $0
Program Expenses $450,683
Other Expenses $217,963
TOTAL EXPENSES $450,683

Year-over-Year Comparison

2023 2022 Change
Revenue $434,954 $255,768 +0.7%
Expenses $450,683 $243,829 +0.8%
Net Income $-15,729 $11,939 -2.3%
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
3
Independent Members
N/A
Employees
22
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
0
$0
Total Directors
3
$25,925
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM C CRAPS President 65.00
Director
$25,925 $0 $25,925
SANDRA TUROWSKY Treasurer 0.00
Director
$0 $0 $0
KARYN SURINE Secretary 0.00
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 $434,954 $450,683 $48,661 $-15,729
2023 $255,768 $243,829 $64,390 $11,939
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