2012-11-13T10:11:41-06:00 2012-06-30 621174696 BRUNDIGE PAYNE AND COMPANY PC 700 COLONIAL ROAD SUITE 220 MEMPHIS TN 381175156 990 2011-07-01 621612178 NEW HOPE CHRISTIAN ACADEMY NEWH 9013583183 3000 UNIVERSITY MEMPHIS TN 38127 STEPHEN N STEINER 9013583183 2012-11-09 1 NICOLE P GLASSCOCK CPA P00743101 9016834234 2011 2016-02-24 21:20:13Z STEPHEN N STEINER 3000 UNIVERSITY MEMPHIS TN 38127 11149346 0 X N/A X SCHOOL 1995 TN ELEMENTARY EDUCATION INNER-CITY 6 5 89 5 0 0 4801452 3577089 469286 497016 667736 494337 76666 69700 6015140 4638142 0 0 0 0 3818478 3809250 0 0 0 1721287 1807059 5539765 5616309 475375 -978167 29470599 24518364 705848 854454 28764751 23663910 NEW HOPE CHRISTIAN ACADEMY IS AN URBAN COLLEGE PREPARATORY SCHOOL PROVIDING STUDENTS WITH A CHALLENGING INTELLECTUAL AND SPIRITUAL EDUCATION GROUNDED IN THE KNOWLEDGE OF GOD AS UNIQUELY REVEALED IN JESUS CHRIST AND ATTESTED TO IN THE SCRIPTURES. 0 0 5008092 64128 COLLEGE PREPARATORY SCHOOL PROVIDING UNDERPRIVILEGED INNER CITY STUDENTS WITH A CHALLENGING INTELLECTUAL EDUCATION. 5008092 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 89 1 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 TN X LILA WILKINSON 9013583183 3000 UNIVERSITY MEMPHIS TN 38127 MR KEN BENNETT 1.00 X X 0 0 0 MR ELLIOTT PERRY 1.00 X X 0 0 0 MR HOWARD EDDINGS JR 1.00 X 0 0 0 MRS ANNE FISHER 1.00 X 0 0 0 MR STEPHEN CARPENTER 1.00 X 0 0 0 MR STEPHEN STEINER 50.00 X X 56955 0 14369 MR TRENT WILLIAMSON 50.00 X 112188 0 13104 169143 0 27473 0 0 0 0 0 3577089 3577089 TUITION AND FEES 900099 497016 497016 497016 927225 927225 69700 0 69700 69700 69700 6078316 5106155 1405049 972161 -1405049 -432888 -432888 4638142 64128 0 996925 164035 55006 109029 2940767 2705178 235589 155400 136202 19198 305200 262720 42480 243848 217485 26363 15448 15448 20137 20137 387464 329344 58120 36911 31374 5537 TUITION ASSISTANCE 577140 577140 SUPPLIES 159327 135428 23899 MAINTENANCE 154514 131337 23177 SCHOOL MEALS 144266 144266 311852 282612 29240 5616309 5008092 608217 0 57845 185351 118132 18140 10195 20544 10098 41688 5129242 1728523 5000836 3400719 20548053 20851922 3725440 29470599 24518364 225186 271326 480662 583128 705848 854454 X 28757671 23660082 7080 3828 28764751 23663910 29470599 24518364 X -978167 -4122674 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 210000 210000 4079953 1042181 3037772 11041 11026 15 828248 675316 152932 3400719 TUITION ASSISTANCE PAYABLE 583128 583128 4638142 5616309 -978167 -4122674 -4122674 -5100841 595469 -4122673 80000 -4042673 4638142 0 4638142 5696309 80000 80000 5616309 0 5616309 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE SCHOOL MEETS REV. PROC. 75-50, 1975-2 C.B. 587 SECTION 4.0 (2)C BY DRAWING STUDENTS FROM LOCAL COMMUNITIES. THE SCHOOL CURRENTLY HAS A MAJORITY MINORITY PERCENTAGE OF STUDENTS ENROLLED. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 NEW HOPE CHRISTIAN ACADEMY PARTICIPATES IN THE TENNESSEE FOOD NUTRITION PROGRAM THAT PROVIDES BREAKFAST AND LUNCH FOR CHILDREN BASED ON INCOME ELIGIBILITY. THE STATE OF TENNESSEE SCHOOL NUTRITION PROGRAM REIMBURSES NEW HOPE FOR ALL ELIGIBLE REIMBURSABLE MEALS FOR QUALIFIED STUDENTS. FORM 990, PART VI, SECTION B, LINE 11 THE RETURN PREPARER PROVIDED A COPY OF THE FINAL VERSION OF FORM 990 TO THE HEAD OF SCHOOL AND BOARD OF DIRECTORS BEFORE IT WAS FILED. ADDITIONALLY, THE HEAD OF SCHOOL AND BOARD OF DIRECTORS REVIEWED AND APPROVED THE RETURN BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS ALL COMPENSATION AND DETERMINES POTENTIAL SALARY INCREASES EACH YEAR. THE ADMINISTRATION REVIEWS EACH EMPLOYEE AND SETS THE INCREASE BASED ON A VARIETY OF FACTORS (WITHIN THE CAP SET BY THE BOARD). IN THE PAST, THE PRESIDENT HAS SUBMITTED AN ANNUAL REVIEW TO THE BOARD FOR THEIR CONSIDERATION AND THEY RECOMMEND A SALARY INCREASE (BASED ON A VARIETY OF FACTORS - INCLUDING COMPARABLE DATA FROM OTHER INDEPENDENT SCHOOLS). FORM 990, PART VI, SECTION C, LINE 19 NEW HOPE CHRISTIAN ACADEMY PROVIDES PUBLIC INSPECTION OF ITS FINANCIAL STATEMENTS OR OTHER GOVERNING DOCUMENTS UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -4,122,674. THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT.