Hope Academy
Hope Academy reported $32.1 million in revenue and $24.9 million in expenses for the fiscal year ending July 31, 2025. Of every $100 it spent, $92.55 went to program services, $3.46 to management and general costs and $3.99 to fundraising. Its largest source of revenue was contributions and grants: 63.5% of the total. The highest compensation it reported for one person was $214,583 (HEAD OF ADVA). 3 people received more than $100,000 in reportable compensation. Revenue rose 240% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending July 31, 2025 · Form 990, Part IX, line 25 · total expenses $25MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending July 31, 2025 · Form 990, Part VIII · total revenue $32MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 3.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 4.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.05 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 63.5% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 4.3% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 34.3% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $214,583 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.86% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 3 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 21.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 11 of 13 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| HEAD OF ADVA Highest compensated employee, 40.00 hrs/week | $198,734 | $0 | $15,849 | $214,583 |
| HEAD OF SCHO Director/trustee, officer, 50.00 hrs/week | $142,582 | $0 | $12,703 | $155,285 |
| CHIEF ACADEM Highest compensated employee, 50.00 hrs/week | $108,992 | $0 | $13,860 | $122,852 |
| HEAD OF FINA Officer, 50.00 hrs/week | $86,515 | $0 | $12,961 | $99,476 |
| DIRECTOR OF Officer, 50.00 hrs/week | $80,794 | $0 | $12,732 | $93,526 |
| ASSOC HEAD O Director/trustee, 50.00 hrs/week | $67,135 | $0 | $9,685 | $76,820 |
| COO Officer, 30.00 hrs/week | $49,647 | $0 | $11,486 | $61,133 |
3 people received more than $100,000 in reportable compensation from Hope Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $546K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b13 · 11 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5259
- Volunteers Part I, line 6296
Correct a figure or respond
Every number above is copied from Hope Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Hope Academy, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Hope Academy spent in FY2025, $92.55 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- New Roads SchoolSanta Monica, CA · revenue $32M · programs 80.6% · FY2025
- Canterbury SchoolNew Milford, CT · revenue $32M · programs 75.1% · FY2025
- Arkansas State University System FoundationState University, AR · revenue $32M · programs 98.4% · FY2025
- Iq Academy California - Los AngelesSimi Valley, CA · revenue $32M · programs 89.4% · FY2025
- Pomfret SchoolPomfret, CT · revenue $32M · programs 79.0% · FY2025
Questions people ask
How much of Hope Academy's spending goes to programs?
In the fiscal year ending July 31, 2025, Hope Academy reported that 92.6% of its $24.9 million in expenses went to program services, 3.5% to management and general and 4.0% to fundraising (Form 990, Part IX).
How much does Hope Academy pay its top executive?
The largest total compensation Hope Academy reported for one person in the fiscal year ending July 31, 2025 was $214,583, for the role of HEAD OF ADVA (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Hope Academy get its money?
Of $32.1 million in revenue in the fiscal year ending July 31, 2025, 63.5% came from contributions and grants (including 4.3% from government grants) and 34.3% from program service revenue (Form 990, Part VIII).
Is Hope Academy a registered charity?
The IRS lists EIN 41-1962874 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending July 31, 2025, object 202543499349301204 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending July 31, 2024, object 202540289349301419 · read the filing
- FY2023: Form 990 for the fiscal year ending July 31, 2023, object 202313529349300566 · read the filing
- FY2022: Form 990 for the fiscal year ending July 31, 2022, object 202340269349300349 · read the filing
- FY2021: Form 990 for the fiscal year ending July 31, 2021, object 202133429349300838 · read the filing
- FY2020: Form 990 for the fiscal year ending July 31, 2020, object 202100309349300805 · read the filing
All filings for EIN 41-1962874: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.