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Hope Academy Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411962874 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is Hope Academy Inc?

Hope Academy Inc is a Minneapolis-based nonprofit organization that operates a K-12 school in urban Minneapolis. The school offers a classical Christian education with a goal of nurturing faith in God within the inner-city neighborhoods of Minneapolis. Hope Academy provides youth with a quality, God-centered education, catering to students from kindergarten to twelfth grade. The organization, with a staff of 207 employees, is dedicated to fostering hope and spiritual growth, focusing on the unique educational needs of the inner city.


Official website here: www.hopeschool.org

Is Hope Academy Inc legitimate?

Hope Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $218,837
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,181,489

For more financial information, click here


Official website here: www.hopeschool.org

What is the mission statement of Hope Academy Inc?

Hope Academy Inc is dedicated to providing a classical Christian education that fosters hope in God for inner-city youth. The organization operates a K-12 school with a goal of delivering a God-centered education that uplifts children in urban areas. Through this remarkable education, it aims to instill a sense of hope and faith within the next generation. The school welcomes students from all grades, kindergarten through twelve, and prioritizes providing a high-quality education.


Official website here: www.hopeschool.org

Who is the CEO of Hope Academy Inc?

Russ Gregg is the Head Of Scho of Hope Academy Inc.


Official website here: www.hopeschool.org

What is the revenue of Hope Academy Inc?

Hope Academy Inc's revenue in 2023 was $27,043,718.


Official website here: www.hopeschool.org

Who are the executives of Hope Academy Inc and what are their salaries?

The average compensation at Hope Academy Inc during 2023 was $35,750. There are 207 employees and 235 volunteers at Hope Academy Inc.

Here are 12 key members and their salaries:

    Jim Stigman (Head Of Adva)
  • Compensation: $168,729
  • Related: $0
  • Other: $6,749

    • Russ Gregg (Head Of Scho) [Trustee/Director]
  • Compensation: $114,044
  • Related: $0
  • Other: $10,243

    • John Villas (Head Of Fina)
  • Compensation: $54,523
  • Related: $0
  • Other: $9,499

    • Dan Olson (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Smith (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Brocker (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne Bugg (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hector Fernandez (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Harris (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Pieper (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin Maynard (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Tourek (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hopeschool.org

    Where can I find the form 990 for Hope Academy Inc?

    The Hope Academy Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.hopeschool.org

    Learn more at the official website: www.hopeschool.org

    Mission Statement of Hope Academy Inc

    Hope Academy Inc is a nonprofit organization that runs a K-12 school in an urban area of Minneapolis. Its mission is to offer a classical Christian education that instills hope in God within the inner-city neighborhoods by providing youth with an exceptional God-centered education.

    At Hope Academy Inc, students from kindergarten through twelfth grade receive a well-rounded education that focuses on their spiritual growth alongside their academic development. The school's dedication to fostering hope in God sets it apart from other educational institutions, making it an essential resource for families in the community.

    By providing a Christ-centered education, Hope Academy Inc goes beyond the typical curriculum to cultivate a deep appreciation for faith and spirituality within its students. This unique approach not only helps students academically but also prepares them for a fulfilling life rooted in their faith. The organization's commitment to excellence ensures that all expenses are directed towards providing a high-quality education that sets its students up for success.

    Impact

    This information is meant to be a general summary of Hope Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Hope Academy Inc's impact is felt through its operation of a K-12 school in urban Minneapolis, providing a classical Christian education to students from kindergarten to twelfth grade. By offering a high-quality, Christ-centered education, the organization aims to foster hope in God within the inner-city neighborhoods of Minneapolis. This approach not only equips youth with academic knowledge but also instills values and principles that contribute to their personal and spiritual development. Through its mission, Hope Academy Inc plays a crucial role in shaping the future of young individuals and positively impacting the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $635,569
  • Program Service Revenue: $796,986
  • Gross Receipts: $41,719,878

    • Assets and Liabilities:
  • Total Assets: $42,742,682
  • Total Liabilities: $1,128,795
  • Net Assets: $41,613,887
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TUITION AND SCHOOL FEES

    Revenue

    $796,986

    Organization Details

    Founding Year

    2000

    Principal Officer

    Russ Gregg

    Main Address

    2300 CHICAGO AVENUE S, MINNEAPOLIS, MN, 55404

    NTEE Category

    Code: B24 - Education

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