Academy Of Hope Adult Public Charter School is located in Washington, DC. The organization was established in 1991. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Academy Of Hope Adult Public Charter School employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of Hope Adult Public 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, Academy Of Hope Adult Public Charter School generated $8.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 30.8% each year . All expenses for the organization totaled $7.9m during the year ending 06/2021. While expenses have increased by 25.2% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HIGH QUALITY ADULT BASIC EDUCATION IN A MANNER THAT CHANGES LIVES AND IMPROVES OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE TUITION-FREE INSTRUCTION TO INDIVIDUALS IN BASIC LITERACY, GED PREPARATION AND JOB SKILLS TRAINING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lecester Johnson Chief Executive Officer | Officer | 40 | $168,160 |
Brian Mcnamee Chief Op. Officer Until Jan. 2021 | Officer | 40 | $148,989 |
Joy A Bentley Phillips Chief Advancement Officer | 40 | $132,522 | |
Rashad Moore Treasurer | OfficerTrustee | 1 | $0 |
Yk Karen Leung President | OfficerTrustee | 1 | $0 |
Tamara Wilds Lawson PHD Secretary | OfficerTrustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Community It Innovators It Support | 6/29/21 | $179,364 |
Pmm Companies Janitorial Services | 6/29/21 | $129,415 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,246,996 |
All other contributions, gifts, grants, and similar amounts not included above | $758,469 |
Noncash contributions included in lines 1a–1f | $310 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,005,465 |
Total Program Service Revenue | $6,939,410 |
Investment income | $97 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$9,054 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $8,937,280 |
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. | $358,827 |
Compensation of current officers, directors, key employees. | $69,378 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,917,420 |
Pension plan accruals and contributions | $79,473 |
Other employee benefits | $496,359 |
Payroll taxes | $364,703 |
Fees for services: Management | $0 |
Fees for services: Legal | $49,297 |
Fees for services: Accounting | $141,553 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $63,189 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $168,577 |
Advertising and promotion | $0 |
Office expenses | $171,225 |
Information technology | $293,913 |
Royalties | $0 |
Occupancy | $897,680 |
Travel | $0 |
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 | $334,981 |
Insurance | $21,908 |
All other expenses | $0 |
Total functional expenses | $7,910,544 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,684,913 |
Savings and temporary cash investments | $11,179 |
Pledges and grants receivable | $355,112 |
Accounts receivable, net | $96,889 |
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 | $71,427 |
Net Land, buildings, and equipment | $6,868,316 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $169,108 |
Total assets | $10,256,944 |
Accounts payable and accrued expenses | $735,550 |
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 | $3,957,791 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $276,895 |
Total liabilities | $4,970,236 |
Net assets without donor restrictions | $4,677,900 |
Net assets with donor restrictions | $608,808 |
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 | $10,256,944 |
Over the last fiscal year, we have identified 4 grants that Academy Of Hope Adult Public Charter School has recieved totaling $504,939.
Awarding Organization | Amount |
---|---|
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $238,200 |
Clark Charitable Foundation Inc Bethesda, MD PURPOSE: SUSTAINABILITY AND CAPACITY-BUILDING SUPPORT FOR EDUCATIONAL PROGRAMS | $205,000 |
Morris And Gwendolyn Cafritz Foundation Washington, DC PURPOSE: EDUCATION | $50,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $11,739 |
Organization Name | Assets | Revenue |
---|---|---|
American Association For Clinical Chemistry Inc Washington, DC | $31,632,986 | $18,150,460 |
Susan B Anthony List Inc Arlington, VA | $6,109,204 | $16,065,131 |
Aids United Washington, DC | $16,240,693 | $19,019,266 |
Media Matters For America Washington, DC | $25,734,430 | $18,794,929 |
Appletree Institute For Education Innovation Inc Washington, DC | $11,136,365 | $16,950,350 |
Seton Home Study School Front Royal, VA | $19,128,742 | $13,590,541 |
Association Of Schools And Programs Of Public Health Inc Washington, DC | $11,824,583 | $12,542,035 |
Strategic Capacity Group Inc Mclean, VA | $1,824,045 | $10,738,430 |
The Management Center Washington, DC | $13,203,217 | $17,392,064 |
Association Of American Universities Washington, DC | $12,330,287 | $10,421,026 |
Csdc Property Corporation Hanover, MD | $98,381,398 | $10,915,076 |
Global Entrepreneurship Network Inc Arlington, VA | $6,928,946 | $10,036,868 |