Hope Academy Charter School
Asbury Park, New Jersey
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,791,618↑3% | $6,048,069↑3% | $10,783,367↑6% | |
| 2022 | $6,592,241↑27% | $5,873,252↑29% | $10,130,909↑12% | — |
| 2021 | $5,176,124↑7% | $4,538,060↑8% | $9,005,380↑6% | — |
| 2020 | $4,831,339↑14% | $4,195,805↑6% | $8,520,625↑17% | — |
| 2019 | $4,221,023↑8% | $3,963,014↑13% | $7,292,830↑5% | — |
| 2018 | $3,917,865↑4% | $3,505,965↑1% | $6,919,254↑3% | — |
| 2017 | $3,775,205↑1% | $3,458,731↑3% | $6,734,321↑229% | — |
| 2016 | $3,743,727↑3% | $3,360,711↓2% | $2,049,674↑27% | — |
| 2015 | $3,646,580↓7% | $3,445,695↓8% | $1,614,055↑22% | — |
| 2014 | $3,921,394↓2% | $3,751,743↓2% | $1,319,982↑22% | — |
| 2013 | $3,991,831↑6% | $3,829,106↑4% | $1,083,161↑15% | — |
| 2012 | $3,752,862↑8% | $3,673,996↑4% | $944,908↑19% | — |
| 2011 | $3,459,065 | $3,516,596 | $795,162 | — |
Frequently Asked Questions
What does Hope Academy Charter School do?▼
Hope Academy Charter School is a education nonprofit organization based in New Jersey. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hope Academy Charter School financially healthy?▼
Based on our 9-metric Financial Health Score model, Hope Academy Charter School has a score of 71/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Hope Academy Charter School generate?▼
Hope Academy Charter School reports $6.9M in annual revenue and holds $11.7M in total assets, based on IRS filings.
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