Daffy

New Hope Academy

New Hope Academy

Franklin, TN 37064
Tax ID63-1172489

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About this organization

Revenue

$3,540,573

Expenses

$4,046,203

Mission

New Hope Academy was founded to provide a quality educational experience to all students within the Franklin, TN community regardless of socio-economic status, with a mission to be a Christ-centered school educating children of diverse racial and socio-economic backgrounds by establishing a biblical worldview and preparing each child to flourish academically, emotionally, socially, and spiritually.

About

NHA operates an inner city private elementary school with enrollment of more than 200 students in grades pre-k through 6th grade. Program service revenue is derived from student tuition and related academic fees. Program service expenses have been incurred in the operation of the school.

Interesting data from their 2018 990 filing

The filing clearly states the mission of the non-profit as “Nha is a christ-centered community school with an economically, racially, and culturally diverse student body. it exists to serve low-income families by establishing a solid biblical worldview. instilling vision, confirming hope and preparing students for a life of service.”.

When outlining its functions, they were explained as: “Nha is a christ-centered community school with an economically, racially, and culturally diverse student body. it exists to serve low-income families by establishing a solid biblical worldview. instilling vision, confirming hope and preparing students for a life of service.”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as TN.
  • As of 2018, the non-profit's form reports a total of 80 employees.
  • Does not operate a hospital.
  • Operates a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$441,489.
  • The CEO's salary plan within the organization is subject to review and endorsement by an independent body.
  • The organization has 11 independent voting members.
  • The organization was formed in 1996.
  • The organization is required to file Schedule O.
  • The organization pays $1,659,234 in salary, compensation, and benefits to its employees.
  • The organization pays $132,019 in fundraising expenses.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization's financial statements were reviewed by an accountant.

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