New Hope Educational Institute Inc

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

EIN: 521590136 ✦ Landover hills, MD ✦ Designated as a 501(c)(3)

Overview

What is New Hope Educational Institute Inc?

New Hope Educational Institute Inc, situated in Landover Hills, Maryland, is a distinguished independent school offering education from pre-K3 to 12th grade. With a state-accredited curriculum, the institute incorporates music, art, and foreign language, emphasizing character development. The school serves a diverse population, including preschool classes, lower school, and college-preparatory upper school. New Hope Educational Institute is SEVIS-approved to accept international students on F-1 visas. Additionally, the organization extends its educational mission beyond its local community by sponsoring schools and students in Gambia, Africa, and by offering its extra-curricular performing arts and sports programs to the local community, thereby promoting unity and learning opportunities for all. With a staff of 62 dedicated individuals, New Hope Educational Institute strives to nurture and educate its students in a supportive and inclusive environment.


Official website here: www.newhopeacademy.com

Is New Hope Educational Institute Inc legitimate?

New Hope Educational Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hope Educational Institute 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,295,504

For more financial information, click here


Official website here: www.newhopeacademy.com

What is the mission statement of New Hope Educational Institute Inc?

New Hope Educational Institute Inc is an independent school catering to a diverse student population, offering classes from preschool to the 12th grade. The institution is SEVIS-approved to accept international students on F-1 visas. Beyond its academic curriculum, the institute extends its educational mission by sponsoring schools and students in Gambia, Africa. Additionally, New Hope opens its extra-curricular performing arts and sports programs to the local community, further contributing to the wider community's educational landscape.


Official website here: www.newhopeacademy.com

Who is the CEO of New Hope Educational Institute Inc?

Susan Joy Morrow is the President/Pr of New Hope Educational Institute Inc.


Official website here: www.newhopeacademy.com

What is the revenue of New Hope Educational Institute Inc?

New Hope Educational Institute Inc's revenue in 2022 was $2,569,853.


Official website here: www.newhopeacademy.com

Who are the executives of New Hope Educational Institute Inc and what are their salaries?

The average compensation at New Hope Educational Institute Inc during 2022 was $20,895. There are 62 employees at New Hope Educational Institute Inc.

Here are 6 key members and their salaries:

    Susan Joy Morrow (President/Pr) [Trustee/Director]
  • Compensation: $71,045
  • Related: $0
  • Other: $0

    • Beverly Berndt (Board Member) [Trustee/Director]
  • Compensation: $49,694
  • Related: $0
  • Other: $0

    • Aisha Faison (Board Member) [Trustee/Director]
  • Compensation: $42,778
  • Related: $0
  • Other: $0

    • Kim Dadachanji (Board Member) [Trustee/Director]
  • Compensation: $42,740
  • Related: $0
  • Other: $0

    • Karen Wilkening (Board Member) [Trustee/Director]
  • Compensation: $39,378
  • Related: $0
  • Other: $0

    • Diallo Crenshaw (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.newhopeacademy.com

    Where can I find the form 990 for New Hope Educational Institute Inc?

    The New Hope Educational Institute Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.newhopeacademy.com

    Learn more at the official website: www.newhopeacademy.com

    Mission Statement of New Hope Educational Institute Inc

    New Hope Educational Institute Inc is an independent school that caters to a diverse population of students. It offers education from pre-K3 to 12th grade, divided into three distinct levels: preschool, lower school, and college-preparatory upper school. The preschool program includes both pre-K3 and pre-K4 classes, while the lower school covers kindergarten to 7th grade. The upper school encompasses 8th to 12th grade. This institution holds SEVIS approval, allowing it to accept international students on F-1 visas.

    In addition to its academic programs, New Hope Educational Institute Inc extends its educational mission beyond its student body. It sponsors schools and students in Gambia, Africa, demonstrating a commitment to global education. Furthermore, the institute opens its extra-curricular performing arts and sports programs to the local community, promoting community engagement and inclusivity.

    Impact

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




    Saturday, July 20, 2024

    New Hope Educational Institute Inc provides a comprehensive and accredited educational program for students ranging from pre-K3 through 12th grade, emphasizing character development alongside academic excellence. Their mission is to serve a diverse population of students through classes for preschool, lower school, and college-preparatory upper school, with a special emphasis on international student engagement. Additionally, the institute extends its reach by sponsoring schools and students in Gambia, Africa, furthering their impact on a global scale. By offering a well-rounded curriculum that includes music, art, foreign language, and extracurricular programs, New Hope Educational Institute Inc is making a positive difference in the lives of the students they serve as well as in the wider 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 2022.

  • Investment Income: $174
  • Program Service Revenue: $2,102,949
  • Gross Receipts: $2,569,853

    • Assets and Liabilities:
  • Total Assets: $1,754,918
  • Total Liabilities: $544,527
  • Net Assets: $1,210,391
  • Programs

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

    SCHOOL YEAR TUITION AND FEES

    Revenue

    $2,019,012

    SPORTS PROGRAM

    Revenue

    $39,770

    MISCELLANEOUS

    Revenue

    $16,680

    PTO FUNDS

    Revenue

    $14,069

    SPACE RENTAL TO EXEMPT ORGS

    Revenue

    $10,650

    Organization Details

    Founding Year

    1988

    Principal Officer

    Susan Joy Morrow

    Main Address

    7009 VARNUM STREET, LANDOVER HILLS, MD, 20784

    NTEE Category

    Code: B20 - Education

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