NEW HOPE ACADEMY: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- NEW HOPE ACADEMY (EIN 63-1172489)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-01-03
- IRS object ID
- 201420139349300702
- Schema version
- 2012v2.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-01-03T07:58:04-08:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILSON & WILSON PC CPA CFE | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8122 SAWYER BROWN RD SUITE 212 | AddressLine1 |
| City | NASHVILLE BELLEVUE | City |
| State | TN | State |
| ZIP Code | 372211411 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 631172489 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW HOPE ACADEMY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NEWH | NameControl |
| Phone | 6155950324 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1820 DOWNS BOULEVARD | AddressLine1 |
| City | FRANKLIN | City |
| State | TN | State |
| ZIP Code | 37064 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STUART TUTLER | Name |
| Title | HEADMASTER | Title |
| Phone | 6155950324 | Phone |
| Date Signed | 2013-11-06 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES C WILSON JRCPA CFE | Name |
| Phone | 6156731330 | Phone |
| Date Prepared | 2014-01-03 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | STUART TUTLER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1820 DOWNS BLVD | AddressLine1 |
| City | FRANKLIN | City |
| State | TN | State |
| ZIP Code | 37064 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4133251 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.NHAFRANKLIN.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1996 | YearFormation |
| State Legal Domicile | TN | StateLegalDomicile |
| Activity Or Mission Description | NHA IS A CHRIST-CENTERED COMMUNITY SCHOOL WITH AN ECONOMICALLY, RACIALLY, AND CULTURALLY DIVERSE STUDENT BODY. IT EXISTS TO SERVE LOW-INCOME FAMILIES BY ESTABLISHING A SOLID BIBLICAL WORLDVIEW. INSTILLING VISION, CONFIRMING HOPE AND PREPARING STUDENTS FOR A LIFE OF SERVICE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 11 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 11 | NbrIndependentVotingMembers |
| Total Nbr Employees | 57 | TotalNbrEmployees |
| Total Nbr Volunteers | 56 | TotalNbrVolunteers |
| Total Gross UBI | 18450 | TotalGrossUBI |
| Contributions Grants Prior Year | 935051 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1849435 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2136523 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2252246 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1291 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1489 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 19186 | OtherRevenuePriorYear |
| Other Revenue Current Year | 30081 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 3092051 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4133251 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1093812 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1188071 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1344291 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1385645 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 200122 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 609792 | OtherExpensePriorYear |
| Other Expenses Current Year | 753248 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3047895 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3326964 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 44156 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 806287 | RevenuesLessExpensesCY |
| Total Assets BOY | 3602909 | TotalAssetsBOY |
| Total Assets EOY | 2542982 | TotalAssetsEOY |
| Total Liabilities BOY | 719358 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 54869 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 2883551 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2488113 | NetAssetsOrFundBalancesEOY |
| Mission Description | NHA IS A CHRIST-CENTERED COMMUNITY SCHOOL | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 2634681 | Expense |
| Revenue | 4133251 | Revenue |
| Description | NHA OPERATES AN INNER CITY PRIVATE ELEMENTARY SCHOOL WITH ENROLLMENT OF MORE THAN 200 STUDENTS IN GRADES PRE-K THROUGH 6TH GRADE. PROGRAM SERVICE REVENUE IS DERIVED FROM STUDENT TUITION AND RELATED ACADEMIC FEES. PROGRAM SERVICE EXPENSES HAVE BEEN INCURRED IN THE OPERATION OF THE SCHOOL. | Description |
| Total Program Service Expense | 2634681 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | true | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 57 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 11 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 11 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicy |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STUART TUTLER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6155950324 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1820 DOWNS BLVD | AddressLine1 |
| City | FRANKLIN | City |
| State | TN | State |
| ZIP Code | 37064 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (21 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | FormerFormer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|---|---|
| CHARITA UPKINS | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| DEVIN CUNDALL | |||||||||
| TREASURER | 1.00 | 11500 | 0 | 4968 | X | X | |||
| ROBERT JONES | |||||||||
| VICE CHAIRMAN | 1.00 | 0 | 0 | 0 | X | ||||
| TANGIE LANE | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 9340 | ||||
| STUART SOUTHARD | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| BRAD PERRY | |||||||||
| CHAIRMAN-EMERITUS | 1.00 | X | 0 | 0 | 25560 | ||||
| PAIGE PITTS | |||||||||
| CHAIRMAN EMERITUS | 1.00 | 0 | 0 | 0 | X | ||||
| SUSAN SMALLWOOD | |||||||||
| CHAIRMAN | 1.00 | 0 | 0 | 0 | X | X | |||
| SCOTT ROLEY | |||||||||
| SECRETARY | 1.00 | 0 | 0 | 0 | X | ||||
| STUART TUTLER | |||||||||
| HEADMASTER/PRESIDENT | 40.00 | 104809 | 0 | 0 | X | X | |||
| JEFF MCGRUDER | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| JON PINKSTON | |||||||||
| TRUSTEE | 1.00 | 0 | 0 | 0 | X | ||||
| PATRICK SAUDER | |||||||||
| BUSINESS ADMIN. | 1.00 | X | 27420 | 0 | 7350 | ||||
| DOUG BECK | |||||||||
| BUSINESS MANAGER | 40.00 | 40192 | 0 | 5000 | X | ||||
| CATHY IRWIN | |||||||||
| COMMUNITY RELATIONS DIR. | 40 | 40192 | X | ||||||
| GARY BELL | |||||||||
| TRUSTEE | 1 | X | |||||||
| AKILAH BROOKS | |||||||||
| TRUSTEE | 1 | X | |||||||
| BILL BUTLER | |||||||||
| TRUSTEE | 1 | X | |||||||
| ANGELA GENTRY | |||||||||
| TRUSTEE | 1 | 9650 | X | ||||||
| WILLIAM SHEIBE | |||||||||
| TRUSTEE | 1 | X | |||||||
| DONNA WILLIAMS | |||||||||
| TRUSTEE | 1 | X | |||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 224113 | TotalReportableCompFromOrg |
| Total Other Compensation | 61868 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Fundraising Events | 266487 | FundraisingEvents |
| All Other Contributions | 1582948 | AllOtherContributions |
| Noncash Contributions | 10124 | NoncashContributions |
| Total Contributions | 1849435 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn |
|---|---|---|
| ACADEMIC TUITION | 611600 | 2167650 |
| LUNCHROOM PROGRAM | 611600 | 45341 |
| OTHER PROGRAM SERVICE | 611600 | 11497 |
| ACORN LAUNCH FOR LIFE | 611600 | 27758 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2252246 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1489 | TotalRevenueColumn |
| Exclusion | $197 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 18450 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 18450 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 18450 | TotalRevenueColumn |
| Unrelated Business Revenue | 18450 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrbtns Rprtd Fundraising Events | 266487 | CntrbtnsRprtdFundraisingEvents |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| OTHER INCOME | 611600 | 2497 | 2497 |
| FIELD TRIPS | 611600 | 9134 | 9134 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 11631 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4133251 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2265169 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 18450 | UnrelatedBusinessRevenue |
| Exclusion | $197 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1188071 | Total |
| Program Services | 1188071 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1215286 | Total |
| Program Services | 815835 | ProgramServices |
| Management And General | 317432 | ManagementAndGeneral |
| Fundraising | 82019 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72053 | Total |
| Program Services | 72053 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 98306 | Total |
| Program Services | 67803 | ProgramServices |
| Management And General | 24240 | ManagementAndGeneral |
| Fundraising | 6263 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114804 | Total |
| Program Services | 114804 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19654 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 19654 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 81184 | Total |
| Program Services | 73066 | ProgramServices |
| Management And General | 8118 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 132462 | Total |
| Program Services | 89253 | ProgramServices |
| Management And General | 34964 | ManagementAndGeneral |
| Fundraising | 8245 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| LUNCHROOM EXPENSE | 45872 | 45872 | 0 | 0 |
| CLASSROOM EXPENSES | 74825 | 74825 | 0 | 0 |
| DEVELOPMENT | 1450 | 1450 | 0 | 0 |
| DESIGNATED FUND EXPENSE | 82530 | 82530 | 0 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 200467 | Total |
| Program Services | 9119 | ProgramServices |
| Management And General | 87753 | ManagementAndGeneral |
| Fundraising | 103595 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3326964 | Total |
| Program Services | 2634681 | ProgramServices |
| Management And General | 492161 | ManagementAndGeneral |
| Fundraising | 200122 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14627 | BOY |
| EOY | 25092 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101571 | BOY |
| EOY | 307841 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105507 | BOY |
| EOY | 99950 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 3393008 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1282909 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3371242 | BOY |
| EOY | 2110099 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9962 | BOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3602909 | BOY |
| EOY | 2542982 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 103718 | BOY |
| EOY | 42100 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 640 | BOY |
| EOY | 12769 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 615000 | BOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 719358 | BOY |
| EOY | 54869 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2883551 | BOY |
| EOY | 2488113 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2883551 | BOY |
| EOY | 2488113 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3602909 | BOY |
| EOY | 2542982 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 806287 | ReconcilationRevenueExpenses |
| Reconcilation Prior Adjustment | -1201725 | ReconcilationPriorAdjustment |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | false | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
| Public Support Total170 | 0 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Pertcentage170 | 0 | PublicSupportPertcentage170 |
| Public Support Total509 | 0 | PublicSupportTotal509 |
| Public Support Percentage509 | 0 | PublicSupportPercentage509 |
| Investment Income Percentage | 0 | InvestmentIncomePercentage |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 203968 | BeginningOfYearBalance |
| End Of Year Balance | 203968 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 203968 | BeginningOfYearBalance |
| End Of Year Balance | 203968 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 196796 | BeginningOfYearBalance |
| Contributions | 250 | Contributions |
| Investment Earnings Or Losses | 16389 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 9250 | GrantsOrScholarships |
| Administrative Expenses | 217 | AdministrativeExpenses |
| End Of Year Balance | 203968 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 193020 | BeginningOfYearBalance |
| Contributions | 475 | Contributions |
| Investment Earnings Or Losses | 15989 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 12250 | GrantsOrScholarships |
| Administrative Expenses | 438 | AdministrativeExpenses |
| End Of Year Balance | 196796 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 191472 | BeginningOfYearBalance |
| Contributions | 15275 | Contributions |
| Investment Earnings Or Losses | -4209 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 9250 | GrantsOrScholarships |
| Administrative Expenses | 268 | AdministrativeExpenses |
| End Of Year Balance | 193020 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 661500 | InvestmentCostOrOtherBasis |
| Book Value | 661500 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 2511670 | InvestmentCostOrOtherBasis |
| Depreciation | 1124351 | Depreciation |
| Book Value | 1387319 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 41486 | InvestmentCostOrOtherBasis |
| Depreciation | 18576 | Depreciation |
| Book Value | 22910 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 114030 | InvestmentCostOrOtherBasis |
| Depreciation | 83100 | Depreciation |
| Book Value | 30930 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 64322 | InvestmentCostOrOtherBasis |
| Depreciation | 56882 | Depreciation |
| Book Value | 7440 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 2110099 | TotalOfBookValueLandBuildings |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt V Line 4 | INTENDED USE OF ENDOWMENT--THE BLUE SKIES ENDOWMENT FUND |
| PROVIDES FUNDING FOR SCHOLARSHIPS ANNUALLY TO STUDENTS ENROLLED AT NEW HOPE ACADEMY. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Line 3 | Identifier |
| Explanation | OUR POLICY TOWARDS THE RACES IS INHERIENT IN ALL NEW HOPE ACADEMY DOES. ONE OF OUR FOUNDING PRINCIPLES IS TO PROMOTE RACIAL RECONCILIATION. THIS IS COMMUNICATED IN EVERY PIECE OF MATERIAL, PRINT OR OTHERWISE, RELEASED TO THE PUBLIC. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | BANQUET | NameOfEvent1 |
| Name Of Event2 | MARATHON | NameOfEvent2 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part IV Form990ScheduleIPartIV (6 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt I Line 2 | PROCEDURES FOR MONITORING USE OF GRANTS FUNDS IN U.S. |
| NEW HOPE ACADEMY'S GOAL IS TO PROVIDE SCHOLARSHIP ASSISTANCE TO ALL FAMILIES NEEDING | |
| ASSISTANCE BASED ON CRITERIA ADOPTED BY THE BOARD AND SUBJECT TO AVAILABLE FUNDING. | |
| APPLICATIONS FOR ASSISTANCE ARE RETAINED IN THE ORGANIZATION'S RECORDS. AWARDS OF | |
| FINANCIAL ASSISTANCE ARE CREDITED TO THE FAMILY'S ACCOUNT OFFSETTING TUITION AND FEES | |
| CHARGED. AWARDS ARE NOT PAID IN CASH. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Base Compensation Filing OrgBaseCompensationFilingOrg |
|---|---|---|
| TANGIE LANE | ||
| 9340 | 9340 | |
| BRAD PERRY | ||
| 25560 | 25560 | |
| PATRICK SAUDER | ||
| 7350 | 34770 | 27420 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII (3 entries)
| Name Of Interested PersonNameOfInterestedPerson | Relationship With OrganizationRelationshipWithOrganization |
|---|---|
| DEVIN CUNDALL | BOARD MEMBER |
| TANGELA LANE | BOARD MEMBER |
| BRAD PERRY | BOARD MEMBER |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (16 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt VI, Line 1a | THE GOVERNING BODY IS COMPOSED OF NINE ELECTED TRUSTEES AS REPORTED ON PART VII WHO |
| HAVE VOTING POWER ON GOVERNING MATTERS. THE HEADMASTER SERVICES IN A NON-ELECTED | |
| NON-VOTING CAPACITY. | |
| Pt VI, Line 15a | THE SALARY OF THE HEADMASTER IS SET ANNUALLY THROUGH A WRITTEN EMPLOYMENT |
| CONTRACT ESTABLISHED BY THE BOARD OF TRUSTEES AND IS BASED ON | |
| COMPARABILITY DATA, DUTIES AND RESPONSIBILITIES OF HE POSITION | |
| AND BOARD DELIBERATIONS CONDUCTED ABSENT THE HEADMASTER. THE | |
| RESULTS OF WHICH ARE DOCUMENTED IN THE MINUTES. THE HEADMASTER IS | |
| ABSENT DURING BOARD VOTING ON SUCH COMPENSATION MATTERS. | |
| Pt VI, Line 15b | THE SALARY OF KEY PERSONNEL IS SET ANNUALLY THROUGH A |
| WRITTEN EMPLOYMENT CONTRACT ESTABLISHED BY THE BOARD | |
| OF TRUSTEES. | |
| Pt VI, Line 19 | GOVERNING DOCUMENTS ARE AVAILABLE FOR ON-SITE INSPECTION |
| DURING NORMAL BUSINESS HOURS. | |
| Pt VI, Line 11b | NO REVIEW HAS OR WILL BE CONDUCTED |
| Form 990, Part IX, Line 24f | PAYROLL PROCESSING 5225. 3604. 1288. 333. POSTAGE AND SHIPPING 4003. 4003. COPIER LEASE 11885. 11885. SOFTWARE 3404. 3404. E-MAIL AND SERVER 4249. 4249. LATE FEES 468. 468. BANK SERVICE CHARGES 17533. 12255. 5278. PRINTING 765. 765. DUES AND SUBSCRIPTIONS 7720. 4120. 3600. GENERAL & ADMINISTRATIVE 150. 150. LEGAL FEES 2674. 2674. ACCOUNTING FEES 14500. 14500. TECHNOLOGY CONSULTING 8000. 8000. OTHER PROFESSIONAL FEES 2250. 2250. OFFICE SUPPLIES 7359. 7359. UNIFORM EXPENSE 1602. 1602. LICENSE & PE |
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