Hope Academy Inc
- Assets
- $1.1m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 27
- Location
- Indianapolis, IN
- Founding
- 11/2019
- Data as of
- 06/2021
- EIN
- 84-2099551
Organization Overview
Hope Academy Inc is located in Indianapolis, IN. The organization was established in 2019. 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 Academy Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Academy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HOPE ACADEMY IS A PUBLIC CHARTER HIGH SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOPE ACADEMY IS A TUITION-FREE PUBLIC HIGH SCHOOL FOR INDIANA STUDENTS IN GRADES 9-12. AS THE ONLY RECOVERY HIGH SCHOOL IN INDIANA AND ONE OF JUST [43] NATIONWIDE HOPE ACADEMY IS A WELCOMING AND SUPPORTIVE ACADEMIC ENVIRONMENT COMMITTED TO SOBRIETY, ACADEMIC SUCCESS AND PERSONAL GROWTH. HOPE ACADEMY IS A MEMBER OF THE ASSOCIATION OF RECOVERY SCHOOLS. THE PRIMARY OBJECTIVE OF HOPE ACADEMY IS TO HELP ADOLESCENTS STRUGGLING WITH THE DISEASE OF ADDICTION EARN A HIGH SCHOOL DIPLOMA. HOPE ACADEMY IS OPEN TO ALL INDIANA HIGH SCHOOL STUDENTS.
EXPERIENCE TELLS US THAT LONG-TERM SUCCESS FOR ADOLESCENTS IN RECOVERY IS GROUNDED IN A GOOD EDUCATION AND ONGOING SUPPORT. RESEARCH INDICATES THAT STUDENTS, WHO HAVE SUBSTANCE ABUSE DISORDERS AND ARE NOT IN RECOVERY WILL LIKELY DROP OUT OF HIGH SCHOOL, FACE A LIFE OF INCARCERATIONS OR THEY WILL DIE FROM THE DISEASE (INDIANA PREVENTION RESEARCH CENTER, 2004).
HOPE ACADEMY PROVIDES A RECOVERY AND WELLNESS CURRICULUM, ALLOWING STUDENTS THE OPPORTUNITY FOR PERSONAL GROWTH IN THEIR RECOVERY FROM DRUG AND/OR ALCOHOL ADDICTION. EACH STUDENT IS REQUIRED TO TAKE A RECOVERY-FOCUSED BASIC SKILLS COURSE. STUDENTS LEARN BASIC SKILLS, INCLUDING BALANCING A CHECK BOOK, HOW TO INTERVIEW AND WRITE A RESUME AND TIME MANAGEMENT, TO PREPARE THEM FOR LIFE AFTER HIGH SCHOOL. MOST IMPORTANTLY, STUDENTS LEARN HOW TO LIVE THEIR LIFE CLEAN AND SOBER. HOPE ACADEMY HAS A RECOVERY COACH AND PEER SPECIALISTS PROVIDING THE STUDENTS SUPPORT AND TOOLS FOR RECOVERY. HOPE ACADEMY USES THE 90-IN-90 WORKBOOK, A TOOL FOR RECOVERY WELLNESS, AS A WAY FOR STUDENTS TO JOURNAL ON THEIR RECOVERY PROCESS. STUDENTS ARE REQUIRED TO ATTEND RECOVERY MANAGEMENT AND 12-STEP MEETINGS OUTSIDE OF SCHOOL.
THE HOURS OF LATE AFTERNOON FROM 3:00 P.M. TO 7:00 P.M. ARE AMONG THE MOST DANGEROUS FOR TEENS WITH SUBSTANCE USE DISORDER AS THIS IS A TIME WHEN MANY TEENS ARE HOME ALONE AND PRONE TO USE SUBSTANCES. TO COMBAT THIS PROBLEM, HOPE ACADEMY HAS IMPLEMENTED AN AFTER-SCHOOL PROGRAM CALLED GUIDING PATHS TO SUCCESS (GPS). THIS PROGRAM OFFERS A SAFE AND SOBER PLACE TO HANG OUT AFTER SCHOOL, SOCIALIZE WITH PEERS, ENJOY SNACKS, ATTEND 12 STEP MEETINGS AND PARTICIPATE IN SOCIAL ACTIVITIES WITH THE PURPOSE OF LEARNING HOW TO ENJOY A SOBER LIFESTYLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachelle Gardner Executive Director | Officer | 40 | $117,634 |
Linda Gagyi Principal | 40 | $109,447 | |
Colleen Kenney Chairman | OfficerTrustee | 1 | $0 |
Amy Levander Vice Chair | OfficerTrustee | 1 | $0 |
Phyllis Land Usher Secretary | OfficerTrustee | 1 | $0 |
Janine Shopp Treasurer | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,340,642 |
| All other contributions, gifts, grants, and similar amounts not included above | $582,085 |
| Noncash contributions included in lines 1a–1f | $10,436 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,922,727 |
| Total Program Service Revenue | $9,572 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$19,269 |
| Net Income from Fundraising Events | $38,281 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,951,311 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $124,413 |
| Compensation of current officers, directors, key employees. | $52,331 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $714,117 |
| Pension plan accruals and contributions | $33,559 |
| Other employee benefits | $172,865 |
| Payroll taxes | $63,458 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,589 |
| Fees for services: Accounting | $35,570 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $15,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $203,100 |
| Advertising and promotion | $43,392 |
| Office expenses | $75,637 |
| Information technology | $16,239 |
| Royalties | $0 |
| Occupancy | $195,537 |
| Travel | $246 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,837 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,491 |
| Insurance | $3,443 |
| All other expenses | $4,734 |
| Total functional expenses | $1,834,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $376,913 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $637,306 |
| 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 | $119,023 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,133,242 |
| Accounts payable and accrued expenses | $60,940 |
| Grants payable | $0 |
| Deferred revenue | $95,000 |
| 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 | $0 |
| Total liabilities | $155,940 |
| Net assets without donor restrictions | $977,302 |
| 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 | $1,133,242 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Hope Academy Inc has recieved totaling $255,264.
| Awarding Organization | Amount |
|---|---|
Healthcare Initiatives Inc Indianapolis, IN PURPOSE: RECOVERY COACHING/MARKETING SUPPORT | $50,000 |
Central Indiana Community Foundation Inc Indianapolis, IN PURPOSE: Increasing Access to Hope Academy | $50,000 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: EMPLOYEE MATCHING GIFT(S) | $31,500 |
Strada Education Network Inc Indianapolis, IN PURPOSE: OPERATING GRANT AND OPERATING SUPPORT | $28,500 |
United Way Of Central Indiana Inc Indianapolis, IN PURPOSE: Program and/or Operating Support | $25,000 |
Indianapolis Foundation Inc Indianapolis, IN PURPOSE: To Be Used at the Organization's Discretion | $14,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seeds Of Health Milwaukee, WI | $21,433,274 | $18,248,715 |
Ewing Marion Kauffman School Inc Kansas City, MO | $12,328,924 | $22,686,630 |
Hmong American Peace Academy Ltd Milwaukee, WI | $62,055,663 | $22,180,285 |
Crossroads Charter Schools Kansas City, MO | $14,061,355 | $16,288,564 |
Career Academy Of South Bend Inc South Bend, IN | $28,812,268 | $15,770,291 |
Southland College Prep Charter School Inc Richton Park, IL | $5,970,929 | $14,846,011 |
21st Century Charter School At Gary Inc Indianapolis, IN | $16,296,159 | $15,193,404 |
Avondale Meadows Academy Inc Indianapolis, IN | $23,354,036 | $14,362,990 |
Herron High School Inc Indianapolis, IN | $19,992,400 | $15,381,017 |
Tindley Accelerated Schools Inc Indianapolis, IN | $17,393,569 | $14,658,459 |
Lighthouse Academies Of Indiana Inc Indianapolis, IN | $16,035,849 | $15,931,838 |
Paramount School Of Excellence Incorporated Indianapolis, IN | $17,346,083 | $12,116,236 |