Hope Academy Of Charlotte

Organization Overview

Hope Academy Of Charlotte, operating under the name Hope Academy, is located in Concord, NC. The organization was established in 2011. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Hope Academy employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Academy 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 06/2023, Hope Academy generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $2.0m during the year ending 06/2023. While expenses have increased by 15.4% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

CHRIST-CENTERED, COLLEGE PREPARATORY, ACADEMIC PROGRAM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOPE ACADEMY STUDENTS COURAGEOUSLY DEVELOP THEIR CHRIST-LIKE IDENTITY, CULTIVATE THEIR UNIQUE GIFTS, AND ENGAGE AS ACTIVE LEARNERS WITHIN AN AUTHENTIC COMMUNITY. DURING THIS REPORTING PERIOD, 220 STUDENTS BENEFITED.


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Board, Officers & Key Employees

Name (title)Compensation
Anne Roe
Secretary
$0
James Roe
Director
$0
Courtney Elliott
Head Of School
$0
Paul Elliott
President
$0
Matt Diamond
Treasurer
$0
Ginger Kelly
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,275,413
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,275,413
Total Program Service Revenue$1,594,044
Investment income $6,733
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 $3,174,221

Peer Organizations

Organization NameAssets
Trinity School Inc
Atlanta, GA
$25,058,941
Carolina Day School Inc
Asheville, NC
$23,274,107
Nansemond-Suffolk Academy Association Incorporated
Suffolk, VA
$18,442,964
Congressional School Inc
Falls Church, VA
$20,165,347
Summit School Inc
Winston Salem, NC
$18,816,912
Cornerstone Academy Inc
Morristown, TN
$28,492,042
Christian Academy Of Knoxville Inc
Knoxville, TN
$20,440,407
Piedmont Community Charter School
Gastonia, NC
$16,756,164
North Cobb Christian School Inc
Kennesaw, GA
$22,180,039
Stratford Academy Inc
Macon, GA
$15,356,409
The Alfred And Adele Davis Academy Inc
Atlanta, GA
$18,133,997
Norfolk Collegiate School
Norfolk, VA
$14,682,322
Rabbi Harry H Epstein School Inc
Sandy Springs, GA
$16,224,528
Franklin Academy Inc
Wake Forest, NC
$16,397,889
Trinity Episcopal School Inc
Richmond, VA
$15,240,707
Spartanburg Day School
Spartanburg, SC
$20,048,240
Oak Hill School
Nashville, TN
$13,591,282
Presbyterian Day School
Memphis, TN
$14,474,605
Wakefield School Inc
The Plains, VA
$12,516,762
Queens Grant Community School Inc
Mint Hill, NC
$13,737,841
Duke School
Durham, NC
$11,500,577
Childrens School Inc
Atlanta, GA
$10,242,077
Harding Academy
Nashville, TN
$15,657,417
Hilton Head Christian Academy
Bluffton, SC
$13,703,451
Union County Charter Education Association
Indian Trail, NC
$11,014,801

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