Hope For Hyndman Charter School
- Assets
- $1.4m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 46
- Location
- Hyndman, PA
- Founding
- 04/2011
- Data as of
- 06/2021
- EIN
- 27-3785962
Organization Overview
Hope For Hyndman Charter School is located in Hyndman, PA. The organization was established in 2011. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Hope For Hyndman Charter School employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope For Hyndman Charter School 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 06/2021, Hope For Hyndman Charter School generated $2.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (11.2%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A COMMUNITY-ORIENTED LIFELONG LEARNING ENVIRONMENT WHICH BOTH REFLECTS AND HELPS TO SHARE HYNDMAN AND ITS SURROUNDING AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FUNDS ARE USED TO PROVIDE A COMMUNITY-ORIENTED LIFELONG LEARING ENVIRONMENT TO ALL STUDENTS ENROLLED IN THE PUBLIC CHARTER SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brigette Emerick CEO | Officer | 40 | $52,629 |
Angela Coughenour President | Trustee | 1 | $0 |
Jerry Leydig Vice President | Trustee | 1 | $0 |
Christine Mckenzie Secretary | Trustee | 1 | $0 |
Ellen Shroyer Treasurer | Trustee | 1 | $0 |
Donald Gross Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $413,111 |
| 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 | $2,767,866 |
| Statement of Expenses | |
|---|---|
| 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. | $64,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $890,139 |
| Pension plan accruals and contributions | -$883,744 |
| Other employee benefits | $256,821 |
| Payroll taxes | $89,458 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,535 |
| Fees for services: Accounting | $74,504 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $227,362 |
| Advertising and promotion | $2,042 |
| Office expenses | $29,341 |
| Information technology | $34,199 |
| Royalties | $0 |
| Occupancy | $87,853 |
| Travel | $7,600 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,934 |
| Insurance | $60,091 |
| All other expenses | $0 |
| Total functional expenses | $1,464,340 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $936,951 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $22,224 |
| Accounts receivable, net | $181,886 |
| 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 | $26,780 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $159,020 |
| Total assets | $1,378,346 |
| Accounts payable and accrued expenses | $204,801 |
| 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 | $0 |
| Other liabilities | $2,589,924 |
| Total liabilities | $2,794,725 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | -$1,416,379 |