HOPE ACADEMY GSO INC: Form 990, tax year 2024
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- Organization
- HOPE ACADEMY GSO INC (EIN 01-0930709)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2025-10-30
- IRS object ID
- 202523039349300527
- Schema version
- 2024v5.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-10-30T10:07:00-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271181547 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DUNCAN ASHE PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7900 MCCLOUD RD SUITE 101 | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27409 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010930709 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOPE ACADEMY GSO INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GLEN | BusinessNameControlTxt |
| Phone | 3369077115 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1403 W FLORIDA STREET | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27403 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICH NEWMAN | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 3367090884 | PhoneNum |
| Signature | 2025-10-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | W BARTH ASHE | PreparerPersonNm |
| PTIN | P01361072 | PTIN |
| Phone | 3362856510 | PhoneNum |
| Preparation | 2025-10-29 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MATTIE NEESE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1403 WEST FLORIDA STREET | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27403 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,361,330 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HOPEGSO.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2010 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | THROUGH THE HOPE AND POWER OF CHRIST, WE PARTNER WITH FAMILIES AND THE COMMUNITY TO EDUCATE, ENCOURAGE AND EQUIP OUR STUDENTS TO TRANSFORM THEIR FUTURE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 35 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,734,181 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,240,860 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $11,629 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $24,079 | CYProgramServiceRevenueAmt |
| PY Investment Income | $85,146 | PYInvestmentIncomeAmt |
| CY Investment Income | $80,840 | CYInvestmentIncomeAmt |
| PY Other Revenue | $76,529 | PYOtherRevenueAmt |
| CY Other Revenue | -$20,824 | CYOtherRevenueAmt |
| PY Total Revenue | $1,907,485 | PYTotalRevenueAmt |
| CY Total Revenue | $2,324,955 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,269,246 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,495,584 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $171,118 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $581,400 | PYOtherExpensesAmt |
| CY Other Expenses | $792,581 | CYOtherExpensesAmt |
| PY Total Expenses | $1,850,646 | PYTotalExpensesAmt |
| CY Total Expenses | $2,288,165 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $56,839 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $36,790 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,484,686 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,516,544 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $65,485 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $60,553 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,419,201 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $4,455,991 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THROUGH THE HOPE AND POWER OF CHRIST, WE PARTNER WITH FAMILIES AND THE COMMUNITY TO EDUCATE, ENCOURAGE, AND EQUIP OUR STUDENTS TO TRANSFORM THEIR FUTURES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,738,561 | ExpenseAmt |
| Revenue | $24,079 | RevenueAmt |
| Desc | HOPE ACADEMY GSO, INC. IS A CHRIST-CENTERED K-8 SCHOOL IN GREENSBORO, NC, SERVING 110 STUDENTS, MAJORITY OF WHOM COME FROM UNDER-RESOURCED COMMUNITIES. WE PROVIDE GROWTH-FOCUSED ACADEMICS, ENGAGED FAMILY PARTNERSHIPS, STRONG COMMUNITY COLLABORATION, AND CHRIST-CENTERED TEACHING. | Desc |
| Total Program Service Expenses | $1,738,561 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 10 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 35 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MATTIE NEESE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3369077115 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1403 WEST FLORIDA STREET | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27403 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| JOSH MULLINS | ||||||
| HEAD OF SCHOOL | 40.00 | Yes (X) | Yes (X) | $90,176 | $0 | $0 |
| MATTIE NEESE | ||||||
| HEAD OF SCHOOL | 40.00 | Yes (X) | Yes (X) | $62,328 | $0 | $0 |
| SUSIE GUHNE | ||||||
| DEVELOPMENT COMMITTEE CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RICH NEWMAN | ||||||
| TREASURER | 5.00 | Yes (X) | $0 | $0 | $0 | |
| BARRY UTESCH | ||||||
| BOARD CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TOM PAULSON | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| GERARD CLODOMIR | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JAMES GOINS | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MICHELLE BROOKES | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ERIC HINES | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $152,504 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $224,057 | FundraisingAmt |
| Government Grants | $83,168 | GovernmentGrantsAmt |
| All Other Contributions | $1,933,635 | AllOtherContributionsAmt |
| Total Contributions | $2,240,860 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TUITION AND FEES | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $24,079 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $24,079 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $24,079 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $80,840 | TotalRevenueColumnAmt |
| Exclusion | $80,840 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $500 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $224,057 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $36,375 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$35,875 | TotalRevenueColumnAmt |
| Exclusion | -$35,875 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| FACILITIES USAGE PAYME | 532000 | $14,205 | $14,205 |
| OTHER REVENUE | 900099 | $793 | $793 |
| REIMBURSED EXPENSES | 900099 | $53 | $53 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $15,051 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,324,955 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $24,079 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $60,016 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,504 | TotalAmt |
| Management And General | $152,504 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,081,849 | TotalAmt |
| Program Services | $927,253 | ProgramServicesAmt |
| Management And General | $50,009 | ManagementAndGeneralAmt |
| Fundraising | $104,587 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,318 | TotalAmt |
| Program Services | $2,318 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,272 | TotalAmt |
| Program Services | $150,272 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,641 | TotalAmt |
| Program Services | $83,678 | ProgramServicesAmt |
| Management And General | $17,067 | ManagementAndGeneralAmt |
| Fundraising | $7,896 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,635 | TotalAmt |
| Fundraising | $58,635 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,168 | TotalAmt |
| Program Services | $4,476 | ProgramServicesAmt |
| Management And General | $6,692 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $124,701 | TotalAmt |
| Program Services | $115,401 | ProgramServicesAmt |
| Management And General | $9,300 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $129,761 | TotalAmt |
| Program Services | $129,761 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,821 | TotalAmt |
| Program Services | $30,821 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|
| PROFESSIONAL FEES | $126,229 | $126,229 | |
| CLASS ROOM MATERIALS | $95,387 | $95,387 | |
| SCHOOL SUPPLIES | $76,592 | $76,592 | |
| STUDENT SUPPORT | $39,981 | $39,981 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,306 | TotalAmt |
| Program Services | $82,621 | ProgramServicesAmt |
| Management And General | $16,685 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,288,165 | TotalAmt |
| Program Services | $1,738,561 | ProgramServicesAmt |
| Management And General | $378,486 | ManagementAndGeneralAmt |
| Fundraising | $171,118 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $414,185 | BOYAmt |
| EOY | $60,851 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,704,087 | BOYAmt |
| EOY | $2,071,108 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,402 | BOYAmt |
| EOY | $9,022 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,397 | BOYAmt |
| EOY | $1,046 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $3,157,526 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $783,337 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,340,432 | BOYAmt |
| EOY | $2,374,189 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $183 | BOYAmt |
| EOY | $328 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,484,686 | BOYAmt |
| EOY | $4,516,544 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,240 | BOYAmt |
| EOY | $15,092 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,245 | BOYAmt |
| EOY | $45,461 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,485 | BOYAmt |
| EOY | $60,553 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,404,037 | BOYAmt |
| EOY | $4,365,514 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,164 | BOYAmt |
| EOY | $90,477 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,419,201 | BOYAmt |
| EOY | $4,455,991 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,484,686 | BOYAmt |
| EOY | $4,516,544 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $36,790 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (1) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | 0 | FSAuditedInd |
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,346,779 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,451,272 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,304,216 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $920,262 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,645,702 | CurrentTaxYearAmt |
| Total | $6,668,231 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,346,779 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,451,272 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,304,216 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $920,262 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,645,702 | CurrentTaxYearAmt |
| Total | $6,668,231 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $6,668,231 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,707 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $85,146 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $80,840 | CurrentTaxYearAmt |
| Total | $179,713 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $270,005 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $424,611 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $560,677 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $593,360 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $634,788 | CurrentTaxYearAmt |
| Total | $2,483,441 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $9,331,385 | TotalSupportAmt |
| Public Support CY170 | 0.71460 | PublicSupportCY170Pct |
| Public Support PY170 | 0.73510 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 10 | FormAndLineReferenceDesc |
| Explanation | NC OPPORTUNITY SCHOLARSHIP $588,860 NC ESA+ PROGRAM FUNDS $6798 TUITION AND FEES $24,079 RENTAL INCOME $14,205 REIMBURSED EXPENSES $53 MISC REVENUE $793 | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $33,500 | OtherCostOrOtherBasisAmt |
| Book Value | $33,500 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,150,974 | OtherCostOrOtherBasisAmt |
| Depreciation | $488,194 | DepreciationAmt |
| Book Value | $1,662,780 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $756,250 | OtherCostOrOtherBasisAmt |
| Depreciation | $117,017 | DepreciationAmt |
| Book Value | $639,233 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $216,802 | OtherCostOrOtherBasisAmt |
| Depreciation | $178,126 | DepreciationAmt |
| Book Value | $38,676 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,374,189 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL LIABILITIES | Desc |
| Amt | $45,461 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $45,461 | TotalLiabilityAmt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | NIGHT OF GALA | Event1Nm |
| Gross Receipts Event1 | $224,557 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $224,057 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $500 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $18,522 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $1,267 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $2,408 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $14,178 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $224,557 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $224,057 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $500 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $18,522 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $1,267 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $2,408 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $14,178 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $36,375 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$35,875 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWD BY THE TREASURER BEFORE ELECTRONICALLY FILING AND IS PROVIDED AND DISCUSSED WITH THE BOARD OF DIRECTORS |
| FORM 990, PART VI, SECTION B, LINE 12C | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE OFFICES OF HOPE ACADEMY GSO |
| FORM 990, PART VI, SECTION B, LINE 15A | SALARY IS DETERMINED BY BOARD OF DIRECTORS |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE OFFICES OF HOPE ACADEMY GSO |
| FORM 990, PART VII, SECTION A, LINE 1A: | JOSHUA MULLINS WAS REPLACED BY MATTIE NEESE AS HEAD OF SCHOOL ON JANUARY 1ST, 2025 |
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