2024-05-10T13:54:11-05:00 2023-06-30 010494526 Baker Newman & Noyes PO Box 507 Portland ME 04112 990 2022-07-01 811900797 Hope for Tomorrow Foundation HOPE 6034360379 315 Banfield Road Portsmouth NH 03801 Matthew McFarland Treasurer 6034360379 2024-02-22 1 Matthew McFarland 999009999 0 Connor Smart P02285543 2078792100 2024-02-22 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z Saint Patrick Academy James Melone 315 Banfield Road Portsmouth NH 03801 2945300 0 X https://saintpatrickacademy.org/ X 2016 NH Private Catholic school in Portsmouth, NH serving students in preschool through eighth grade. 5 4 55 50 0 0 812762 378554 2158971 2462288 2057 12772 41060 19843 3014850 2873457 156858 111509 0 0 1645352 1803596 0 0 0 1190424 1260331 2992634 3175436 22216 -301979 16602432 16292239 1681310 1656392 14921122 14635847 Saint Patrick Academy in Portsmouth, NH is a Catholic school that provides excellence in the pursuit of faith, academics, leadership, and virtue. Students in preschool through eighth grade receive a truly joyful and holistic private education. 0 0 2595472 111509 2492863 Saint Patrick Academy is a mission-driven school anchored on the truths of the Catholic Faith. The Academy aims to instill the values of spiritual growth and academic excellence while fostering a love for the good, the true, and the beautiful. 2595472 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 35 0 1 55 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NH X Angie Syvertson 6034360379 315 Banfield Road Portsmouth NH 03801 James P Broom President & Director 30.00 X X 19110 0 0 Father William Brown Director 6.00 X 0 0 0 Frank Getman Director 6.00 X 0 0 0 Charles McKinney Director 6.00 X 0 0 0 Matthew McFarland Treasurer & Director 6.00 X X 0 0 0 James Melone Head of School 40.00 X 162556 0 27536 Joseph Patrnchak Secretary 6.00 X 0 0 0 181666 0 27536 1 0 1 0 0 159824 218730 378554 Tuition 611110 1959626 1959626 Student program fees 611110 502662 502662 2462288 12772 12772 30575 0 30575 30575 30575 58896 159824 71843 -12947 -12947 2215 0 2215 2215 2873457 2492863 0 2040 1812 1812 109697 109697 209202 147901 61301 1400173 1089403 310770 2000 1497 503 70799 52175 18624 121422 90878 30544 540 540 95037 95037 20224 19084 1140 83495 80748 2747 77017 56613 20404 28475 28475 223426 223426 23098 23098 25372 25372 591 591 477544 477544 37763 37763 Athletics/arts & music 100906 100906 Textbooks & testing 46975 46975 Medical/food supplies 18368 18368 Provision for bad debts 1500 1500 3175436 2595472 579964 0 176 87 1076956 697511 155306 95071 20025 38110 86495 85314 16750230 1936631 15263474 14813599 562547 16602432 16292239 164545 127096 218786 230726 1297979 1298570 1681310 1656392 X 14858198 14553595 62924 82252 14921122 14635847 16602432 16292239 -301979 16704 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1225000 1225000 14932646 1529011 13403635 589901 407620 182281 2683 2683 14813599 X 2809748 16704 31096 47800 2761948 111509 111509 2873457 3095023 31096 31096 3063927 111509 111509 3175436 Part X, Line 2: The Organization is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. As such, no tax provisions have been made in the accompanying financial statements. The Organization has adopted provisions of the Financial Accounting Standards Board (FASB) in Accounting Standards Codification (ASC) Topic 740-10. The Organization's policy is to evaluate all tax positions on an annual basis in conjunction with the filing of the annual return of an organization exempt from income tax. Interest and penalties assessed by income taxing authorities would be included in administrative expense. For 2023 and 2022, there were no penalties or interest assessed or paid. The Organization files informational returns in the U.S. federal and state jurisdictions. Part XI, Line 2d - Other Adjustments: Fundraising event expenses 31,096. Part XI, Line 4b - Other Adjustments: Student financial aid 109,697. Grants paid net of donations received 1,812. Part XII, Line 2d - Other Adjustments: Fundraising event expenses 31,096. Part XII, Line 4b - Other Adjustments: Student financial aid 109,697. Grants paid net of donations received 1,812. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Hope For Tomorrow Foundation has publicized its racially nondiscriminatory policy through its website and all of its written public communications. Gala 120791 104298 16493 3593 17308 10195 Golf Tournament 67303 24900 42403 25479 10260 1 30626 30626 1857 335 2816 218720 159824 58896 1857 29072 17643 23271 71843 -12947 1 Student Financial Aid 23 109697 Part I, Line 2: Financial aid is awarded in the form of tuition reduction or fees only to students attending Saint Patrick Academy. Families apply through a Tuition Management system, and the Finance Committee of the school awards aid based on financial need. Scholarships are donations to the school for students' tuition and parameters are specified by the donor, such as requiring the award go to a student from a specific geographic location or one that has the greatest need. X X 0 0 0 0 0 0 0 1 0 James Melone Head of School 154306 0 8250 0 0 0 0 0 27536 0 190092 0 0 0 Part I, Line 3 The independent Board of Directors hired a nationally known educational search consulting firm to help recruit and determine an appropriate salary range for the Head of School. Part I, Line 7 The Organization may from time-to-time award performance-based incentive payments, compensatory bonuses, and other non-fixed payments based on annual performance and review metrics. James P Broom President For the purchase of land and initial construction of the School X 1300000 1298570 0 1 1 1298570 Form 990, Part VI, Section B, line 11b The organization has provided a complete copy of Form 990 to all members of its governing body before filing the form by sending a copy for review to each member. Form 990, Part VI, Section B, line 12c Any possible conflict of interest on the part of any member of the board, officer or employee of the Organization, shall be disclosed in writing to the board and made a matter of record through an annual procedure complying with all requirements of New Hampshire law and also when the interest involves a specific issue before the board. Form 990, Part VI, Section B, line 15a The independent Board of Directors hired a nationally known educational search consulting firm to help recruit and determine an appropriate salary range for the Head of School. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XII, Line 2c The audit process has not changed from the prior year.