HOPE ACADEMY INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
HOPE ACADEMY INC (EIN 41-1962874)
Tax period
2017-08-01 to 2018-07-31
Filed
2019-06-17
IRS object ID
201941689349301194
Schema version
2017v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-06-17T17:51:52-05:00ReturnTs
Tax Period End2018-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410996210PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WILKERSON GUTHMANN & JOHNSON LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11210 WEST COUNTY ROAD E STE 100AddressLine1Txt
CityARDEN HILLSCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55112ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN411962874EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HOPE ACADEMY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHOPEBusinessNameControlTxt
Phone6125402200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12300 CHICAGO AVENUE SAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55404ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN VILLASPersonNm
Person TitleHEAD OF FINANCEPersonTitleTxt
Phone6125402200PhoneNum
Signature2019-06-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT J GEORGESPreparerPersonNm
PTINP01209197PTIN
Phone6512221801PhoneNum
Preparation2019-06-17PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address173.160.106.33IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-06-17IPDt
IP Tm17:48:36IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id7B82A4BFE2A3CADE0ED57668E25DB757634ED2ABAtSubmissionCreationDeviceId
At Submission Filing Device Id8164A12C5BEDB03120A56FA8EBE53CD7E1434C8EAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRUSS GREGGPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12300 CHICAGO AVENUE SAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55404ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$8,105,854GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTP://HOPESCHOOL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Legal Domicile StateMNLegalDomicileStateCd
Activity Or MissionPROVIDE A FAITH-BASED EDUCATION TO INNER CITY CHILDREN.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee115TotalEmployeeCnt
Total Volunteers86TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$9,099,540PYContributionsGrantsAmt
CY Contributions Grants$7,070,982CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$655,835CYProgramServiceRevenueAmt
PY Investment Income$7,253PYInvestmentIncomeAmt
CY Investment Income$19,762CYInvestmentIncomeAmt
PY Other Revenue$335,656PYOtherRevenueAmt
CY Other Revenue$142,102CYOtherRevenueAmt
PY Total Revenue$9,442,449PYTotalRevenueAmt
CY Total Revenue$7,888,681CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$287,050CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,389,044PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,240,185CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$489,487CYTotalFundraisingExpenseAmt
PY Other Expenses$1,975,081PYOtherExpensesAmt
CY Other Expenses$1,458,656CYOtherExpensesAmt
PY Total Expenses$5,364,125PYTotalExpensesAmt
CY Total Expenses$5,985,891CYTotalExpensesAmt
PY Revenues Less Expenses$4,078,324PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,902,790CYRevenuesLessExpensesAmt
Total Assets BOY$10,503,684TotalAssetsBOYAmt
Total Assets EOY$14,609,608TotalAssetsEOYAmt
Total Liabilities BOY$2,591,744TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,806,199TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,911,940NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$12,803,409NetAssetsOrFundBalancesEOYAmt
MissionPROVIDE A FAITH-BASED EDUCATION TO INNER CITY CHILDREN.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,199,781ExpenseAmt
Grant$287,050GrantAmt
Revenue$655,902RevenueAmt
DescTHE SCHOOL ACCEPTS STUDENTS IN ALL GRADES FROM KINDERGARTEN UP TO TWELVE. ALL EXPENSES WENT TOWARD PROVIDING A HIGH QUALITY, CHRIST-CENTERED EDUCATION. STUDENT PERFORMANCE HAS BEEN VERY GOOD AND MANY STUDENTS ARE TESTING AT OR ABOVE THEIR CURRENT GRADE LEVEL.Desc
Total Program Service Expenses$5,199,781TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document29IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee115EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOHN VILLASBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6125402200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12300 CHICAGO AVENUE SOUTHAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55404ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JEFF BIRD
PRESIDENT5.00Yes (X)Yes (X)$0$0$0
RUSS GREGG
VP/TREASURER50.00Yes (X)Yes (X)$86,812$0$5,175
RICH CAMMACK
SECRETARY1.00Yes (X)Yes (X)$0$0$0
MIKE BROCKER
MEMBER0.50Yes (X)$0$0$0
DANA DAVIS
MEMBER0.50Yes (X)$0$0$0
CR HACKWORTHY
MEMBER0.50Yes (X)$0$0$0
DAN OLSON
MEMBER0.50Yes (X)$0$0$0
BRAD PIEPER
MEMBER0.50Yes (X)$0$0$0
DOUG SMITH
MEMBER0.50Yes (X)$0$0$0
BRIAN SULLIVAN
MEMBER0.50Yes (X)$0$0$0
JIM STIGMAN
HEAD OF ADVANCEMENT40.00$101,154$0$5,385Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$187,966TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$10,560TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
AP MIDWEST
5500 WAYZATA BOULEVARD SUITE 600MINNEAPOLISMN55416CONSTRUCTION CONTRACTOR$403,160
HEALTHPARTNERS
8600 NICOLLET AVE SBLOOMINGTONMN55420MEDICAL BENEFIT PROVIDER$325,681
BLUE BELL ENTERPRISES
1415 MENDOTA HEIGHTS ROADMENDOTA HEIGHTSMN55120STUDENT MEALS PROVIDOR$204,188
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Fundraising$68,740FundraisingAmt
Government Grants$272,666GovernmentGrantsAmt
All Other Contributions$6,729,576AllOtherContributionsAmt
Total Contributions$7,070,982TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTUITION REVENUE AND SCDesc
Business611110BusinessCd
Total Revenue Column$655,835TotalRevenueColumnAmt
Related Or Exempt Func Income$655,835RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$655,835TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$19,762TotalRevenueColumnAmt
Exclusion$19,762ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$357,277RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$200,822RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$156,455RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$156,455TotalRevenueColumnAmt
Exclusion$156,455ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$1,931FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$68,740ContriRptFundraisingEventAmt
Fundraising Direct Expenses$16,351FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$14,420TotalRevenueColumnAmt
Exclusion-$14,420ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business900099BusinessCd
Total Revenue Column$67TotalRevenueColumnAmt
Related Or Exempt Func Income$67RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$67OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,888,681TotalRevenueColumnAmt
Related Or Exempt Func Income$655,902RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$161,797ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$287,050TotalAmt
Program Services$287,050ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$91,987TotalAmt
Program Services$78,189ProgramServicesAmt
Management And General$5,519ManagementAndGeneralAmt
Fundraising$8,279FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,524,229TotalAmt
Program Services$3,031,758ProgramServicesAmt
Management And General$196,988ManagementAndGeneralAmt
Fundraising$295,483FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$399,394TotalAmt
Program Services$339,485ProgramServicesAmt
Management And General$23,964ManagementAndGeneralAmt
Fundraising$35,945FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$224,575TotalAmt
Program Services$190,889ProgramServicesAmt
Management And General$13,474ManagementAndGeneralAmt
Fundraising$20,212FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$31,440TotalAmt
Management And General$31,440ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$6,400TotalAmt
Management And General$6,400ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$82,383TotalAmt
Program Services$13,737ProgramServicesAmt
Management And General$429ManagementAndGeneralAmt
Fundraising$68,217FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$24,287TotalAmt
Program Services$24,287ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$72,725TotalAmt
Program Services$61,816ProgramServicesAmt
Management And General$4,364ManagementAndGeneralAmt
Fundraising$6,545FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$67,784TotalAmt
Program Services$57,616ProgramServicesAmt
Management And General$4,067ManagementAndGeneralAmt
Fundraising$6,101FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$33,852TotalAmt
Program Services$33,174ProgramServicesAmt
Management And General$339ManagementAndGeneralAmt
Fundraising$339FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$187,658TotalAmt
Program Services$183,904ProgramServicesAmt
Management And General$1,877ManagementAndGeneralAmt
Fundraising$1,877FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$30,074TotalAmt
Program Services$29,472ProgramServicesAmt
Management And General$301ManagementAndGeneralAmt
Fundraising$301FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FOOD SERVICES$235,567$235,567
UTILITIES$189,301$184,166$2,412$2,723
EQUIPMENT, BUILDING REP$146,135$143,331$1,402$1,402
FIELD TRIP AND OTHER TR$74,025$74,025

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$277,025TotalAmt
Program Services$231,315ProgramServicesAmt
Management And General$3,647ManagementAndGeneralAmt
Fundraising$42,063FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,985,891TotalAmt
Program Services$5,199,781ProgramServicesAmt
Management And General$296,623ManagementAndGeneralAmt
Fundraising$489,487FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$75,802EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$6,636,215BOYAmt
EOY$5,394,029EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$890,255EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$73,365BOYAmt
EOY$84,266EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$6,545EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,784,371LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,001,981LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,794,104BOYAmt
EOY$4,782,390EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,071,951EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$154,792EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,149,578EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$10,503,684BOYAmt
EOY$14,609,608EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$154,645BOYAmt
EOY$357,012EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$998,099BOYAmt
EOY$24,187EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,425,000BOYAmt
EOY$1,425,000EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$14,000BOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,591,744BOYAmt
EOY$1,806,199EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$7,911,940BOYAmt
EOY$12,803,409EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,911,940BOYAmt
EOY$12,803,409EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,503,684BOYAmt
EOY$14,609,608EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,902,790ReconcilationRevenueExpnssAmt
Prior Period Adjustments$2,984,398PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$4,281OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,538,837OtherCostOrOtherBasisAmt
Depreciation$309,370DepreciationAmt
Book Value$1,229,467BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,487,330OtherCostOrOtherBasisAmt
Depreciation$364,055DepreciationAmt
Book Value$3,123,275BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$507,009OtherCostOrOtherBasisAmt
Depreciation$328,556DepreciationAmt
Book Value$178,453BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$251,195OtherCostOrOtherBasisAmt
Book Value$251,195BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$4,782,390TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
CASH RESERVES - OPERATING$1,309,799
CASH RESERVES - CAPITAL$839,779
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,149,578TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt$7,909,313TotalRevEtcAuditedFinclStmtAmt
Other Revenue$4,281OtherRevenueAmt
Revenue Not Reported$4,281RevenueNotReportedAmt
Revenue Subtotal$7,905,032RevenueSubtotalAmt
Other Revenues Not Included-$16,351OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$16,351RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,888,681TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,002,242TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$6,002,242ExpensesSubtotalAmt
Other Expenses Not Included-$16,351OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt-$16,351ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,985,891TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 2D - OTHER ADJUSTMENTS:APPRECIATION OF BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 4,281.
PART XI, LINE 4B - OTHER ADJUSTMENTS:SPECIAL EVENT EXPENSES INCLUDED IN REVENUE -16,351.
PART XII, LINE 4B - OTHER ADJUSTMENTS:SPECIAL EVENT EXPENSES INCLUDED IN REVENUE -16,351.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3ADVERTISEMENT IN THE LOCAL NEWSPAPER WHICH INVITES REGISTRATION AT THE SCHOOL AND CONTAINS A STATEMENT OF THE SCHOOL'S NON-DISCRIMINATORY POLICY.
SCHEDULE E, PART I, LINE 6REIMBURSEMENTS FROM THE STATE FOR MEALS AND FROM MINNEAPOLIS PUBLIC SCHOOLS FOR TEXTBOOKS.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1EVENING OF HOPEEvent1Nm
Gross Receipts Event1$70,671GrossReceiptsEvent1Amt
Charitable Contri Event1$68,740CharitableContriEvent1Amt
Gross Revenue Event1$1,931GrossRevenueEvent1Amt
Non Cash Prizes Event1$1,931NonCashPrizesEvent1Amt
Food And Beverage Event1$3,458FoodAndBeverageEvent1Amt
Entertainment Event1$1,850EntertainmentEvent1Amt
Other Direct Expenses Event1$9,112OtherDirectExpensesEvent1Amt
Gross Receipts Total$70,671GrossReceiptsTotalAmt
Charitable Contributions Tot$68,740CharitableContributionsTotAmt
Gross Revenue Total Events$1,931GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$1,931NonCashPrizesTotalEventsAmt
Food And Beverage Total Events$3,458FoodAndBeverageTotalEventsAmt
Entertainment Total Events$1,850EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$9,112OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$16,351DirectExpenseSummaryEventsAmt
Net Income Summary-$14,420NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SPREADING HOPEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1902 FRANKLIN TERRACEAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55406ZIPCd
FieldValueIRS element (for citing)
Recipient EIN813933634RecipientEIN
Cash Grant$287,050CashGrantAmt
Purpose Of GrantTO HELP SPREADING HOPE TAKE HOPE ACADEMY'S MODEL FOR SCHOOLS TO OTHER CITIES.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE BOARD OF DIRECTORS REVIEWED AND APPROVED THE FORM 990 BEFORE SUBMITTING.
FORM 990, PART VI, SECTION B, LINE 12CTHE EXECUTIVE DIRECTOR AND THE BOARD OF DIRECTORS REVIEW AND MONITOR ALL POSSIBLE ISSUES RELATED TO CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15THE EXECUTIVE DIRECTOR AND THE BOARD OF DIRECTORS REVIEW AND MONITOR ALL CHANGES AND ADJUSTMENTS TO COMPENSATION DECISIONS.
FORM 990, PART VI, SECTION C, LINE 18ANY REVELANT DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:APPRECIATION OF BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 4,281.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1SPREADING HOPE INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1902 FRANKLIN TERRACEAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55406ZIPCd
FieldValueIRS element (for citing)
EIN813933634EIN
Primary ActivitiesGOSPEL-SHAPED SCHOOLS SERVING AT-RISK YOUTHPrimaryActivitiesTxt
Legal Domicile StateMNLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1SPREADING HOPE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeBTransactionTypeTxt
Involved$287,050InvolvedAmt
Method Of Amount DeterminationCOSTMethodOfAmountDeterminationTxt

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