Hopewell Development And Achievement Center
- Assets
- $89.5k
- Revenue
- $490.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 03/2007
- Data as of
- 12/2023
- EIN
- 20-1997113
Organization Overview
Hopewell Development And Achievement Center is located in Dallas, TX. The organization was established in 2007. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopewell Development And Achievement Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Hopewell Development And Achievement Center generated $490.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.9% each year . All expenses for the organization totaled $496.9k during the year ending 12/2023. While expenses have increased by 26.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF HDAC IS TO PROVIDE A HIGH QUALITY, NURTURING, EDUCATIONAL AND SPIRITUAL ENVIRONMENT. A PLACE WHERE EDUCATORS AND FAMILIES COME TOGETHER TO ENCOURAGE EACH CHILD TO REACH THEIR MAXIMUM POTENTIAL EMOTIONALLY, PHYSICALLY, SOCIALLY, AND SPIRITUALLY. THIS BELIEF WILL DEVELOP TRUE CHARACTER, LEADERSHIP AND CHRISTIAN SERVICE THROUGH TEACHING OF THE SCRIPTURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE WILL PLACE A GREAT EMPHASIS ON THE COMMUNITY THAT WE ARE CONNECTED WITH, AND WE ENCOURAGE ANY PARENT WHO HAS THE DESIRE FOR THEIR CHILD TO EXPERIENCE DOORS OF UNLIMITED POSSIBILITIES TO BECOME A PART OF WHAT WE BELIEVE WILL SET AN UNPRECEDENTED STANDARD FOR MANY YEARS TO COME. OUR GOAL IS NOT TO COMPETE AND GAIN NOTORIETY, BUT TO CAUSE OUR STUDENTS TO EXCEL IN ALL AREAS OF ACADEMICS AS WELL AS SOCIAL AND ECONOMIC AWARENESS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hubbard President | Trustee | 3 | $0 |
Connye Davis VP & Treasurer | Officer | 1 | $0 |
Valria Sanders Member | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $262,370 |
| All other contributions, gifts, grants, and similar amounts not included above | $228,035 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $490,405 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $490,405 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $302,972 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,017 |
| Office expenses | $16,096 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,175 |
| Travel | $952 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,325 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,451 |
| All other expenses | $12,368 |
| Total functional expenses | $496,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,513 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $89,513 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $69,642 |
| Other liabilities | $9,730 |
| Total liabilities | $79,372 |
| Net assets without donor restrictions | $10,141 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $89,513 |