NonprofitsHope Academy Inc

Education

Hope Academy Inc

MINNEAPOLIS, MN

Total revenue

$32.1M

Total expenses

$24.9M

Net assets

$43.9M

Grants received

$44.6M

363 grants

EIN

411962874

Tax year

2024

Mission

The organization operates a k-12 school in urban minneapolis which provides a classical christian education, with a goal of fostering hope in god within the inner-city neighborhoods of minneapolis by providing youth with a remarkable god-centered education.

Financials

FY 2024

Revenue

Contributions & grants$20.4M
Program service revenue$11.0M
Investment income$515K
Other revenue$200K
Total revenue$32.1M

Expenses

Grants paid$10.1M
Salaries & benefits$11.0M
Fundraising$995K
Other expenses$3.9M
Total expenses$24.9M
Total assets$46.9M
Net assets$43.9M

People

18 listed

NameRoleCompensation

RUSS GREGG

HEAD OF SCHO

Board

$143K

50 hrs/wk

GWEN SMITH

HEAD OF FINA

Board

$87K

50 hrs/wk

JEREMY DONALDSON

DIRECTOR OF

Board

$81K

50 hrs/wk

KELVIN SIMMS

ASSOC HEAD O

Board

$67K

50 hrs/wk

JOHN VILLAS

COO

Board

$50K

30 hrs/wk

MIKE BROCKER

MEMBER

Board

0.5 hrs/wk

KAREN BROWN

MEMBER

Board

0.5 hrs/wk

WAYNE BUGG

MEMBER

Board

0.5 hrs/wk

HECTOR FERNANDEZ

MEMBER

Board

0.5 hrs/wk

PAUL GUIDERA

MEMBER

Board

0.5 hrs/wk

DONNA HARRIS

MEMBER

Board

0.5 hrs/wk

DAN OLSON

PRESIDENT

Board

3 hrs/wk

ANDREW PARKS

MEMBER

Board

0.5 hrs/wk

BRAD PIEPER

MEMBER

Board

0.5 hrs/wk

DOUG SMITH

SECRETARY

Board

1 hrs/wk

STEVE TOUREK

MEMBER

Board

0.5 hrs/wk

JIM STIGMAN

HEAD OF ADVA

Staff

$199K

40 hrs/wk

NATHAN ZIEGLER

CHIEF ACADEM

Staff

$109K

50 hrs/wk

Grants received

Showing 200 of 363

FromAmountPurposeYear
$952K
GENERAL SUPPORT
2024
$500K
GENERAL FUND
2024
$500K
GENERAL
2024
$400K
HOPE ACADEMY EXPANSION
2024
$400K
HOPE RISING, FALL 2024 CONFERENCE, BOAZ GIFT AND GENERAL SUPPORT
2024
$230K
COMMUNITY GIFT
2024
$206K
DONOR ADVISED, EDUCATION
2024
$153K
TUITION SPONSORSHIP
2024
$149K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$122K
OPERATIONS
2024
$100K
GENERAL OPERATING SUPPORT
2024
$100K
GENERAL OPERATING SUPPORT
2024
$90K
GENERAL OPERATING
2024
$65K
General Fund
2024
$51K
SCHOLARSHIPS
2024
$40K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2024
$39K
GENERAL FUNDING
2024
$27K
DAY SPONSORSHIP PROGRAM
2024
$25K
EDUCATION BUILDING EXPANSION
2024
$25K
HOPE RISING CAMPAIGN- 4YR PLEDGE, PMT 1
2024
$20K
GENERAL SUPPORT
2024
$19K
UNRESTRICTED GENERAL SUPPORT
2024
$19K
GENERAL SUPPORT
2024
$18K
GRANT - STUDENT SCHOLARSHIPS
2024
$14K
SCHOLARSHIP FUND
2024
$10K
GENERAL OPERATING
2024
$10K
GENERAL
2024
$10K
GENERAL OPERATING
2024
$10K
501(C)(3) CHARITABLE
2024
$10K
ANNUAL FUND STUDENT SUPPORT
2024
$7K
PROVIDE FUNDS FOR CHARITABLE OPERATIONS
2024
$7K
TICKETS TO KIDS
2024
$5K
GENERAL OPERATING
2024
$5K
EDUCATIONAL
2024
$5K
GENERAL OPERATING FUND
2024
$5K
SUPPORT THE EDUCATION AND DEVELOPMENT OF INNER-CITY YOUTH
2024
$3K
FOR ASSISTANCE TO ASSIST THE CATHOLIC CHURCH MISSION OF TEACHING AND WORSHIP OF THE CATHOLIC FAITH
2024
$925K
NEW PATHWAY AND INNOVATION CENTER WITH FOCUS ON HOPEMED AND HOPETECH, NEW HOME CONSTRUCTION WORKSHOP
2023
$800K
HOPE RISING
2023
$626K
GENERAL FUND
2023
$600K
UNRESTRICTED CHARITABLE GIFTS
2023
$573K
DONOR-ADVISED, EDUCATION
2023
$500K
EDUCATION
2023
$383K
OPERATING, BUILDING FUND, AND SCHOLARSHIPS
2023
$281K
For grant recipient's exempt purposes
2023
$227K
COMMUNITY GIFT
2023
$227K
OPERATIONS
2023
$221K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$200K
GENERAL OPERATIONS
2023
$200K
Student Scholarships, Boaz Gifts
2023
$155K
GENERAL
2023
$150K
GENERAL FUND & BUILDING
2023
$125K
SCHOLARSHIP FUND
2023
$100K
EDUCATIONAL SERVICES
2023
$90K
EDUCATION
2023
$84K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$80K
MULTIPLE GRANTS FOR PROGRAMS, OPERATIONS, OR OTHER PURPOSES
2023
$79K
GENERAL OPERATING
2023
$77K
GENERAL OPERATING SUPPORT
2023
$75K
GENERAL PURPOSE
2023
$75K
GENERAL SUPPORT
2023
$75K
GENERAL SUPPORT
2023
$75K
GENERAL OPERATING
2023
$68K
TO SUPPORT THE ORGANIZATION'S MISSIO
2023
$45K
General Fund
2023
$38K
GENERAL FUNDING
2023
$35K
EDUCATIONAL
2023
$26K
GENERAL PURPOSE EXEMPT FUNCTION GRANT
2023
$25K
General support for programs, operations and other charitable purposes
2023
$24K
GRANT - STUDENT SCHOLARSHIPS
2023
$20K
General Support
2023
$20K
DAY SPONSORSHIP PROGRAM
2023
$20K
GENERAL SUPPORT
2023
$19K
EDUCATIONAL SERVICE
2023
$18K
GENERAL SUPPORT
2023
$17K
GENERAL OPERATING
2023
$15K
EDUCATION
2023
$13K
SCHOLARSHIPS
2023
$13K
EDUCATION
2023
$10K
CHARITABLE DONATION
2023
$10K
501(C)(3)CHARITABLE
2023
$10K
GENERAL OPERATING SUPPORT
2023
$10K
SUPPORT OF CHARITABLE ACTIVITIES
2023
$9K
GENERAL OPERATING
2023
$9K
SUPPORT THE EDUCATION AND DEVELOPMENT OF INNER-CITY YOUTH
2023
$9K
GENERAL OPERATING
2023
$9K
Community welfare and betterment
2023
$7K
HUMAN SERVICES
2023
$5K
Offset student participation fees, provide student leadership & AED's
2023
$5K
PROVIDE FUNDS FOR OPERATIONS
2023
$5K
GENERAL OPERATING
2023
$5K
EDUCATIONAL
2023
$5K
GENERAL OPERATING
2023
$5K
GENERAL OPERATING
2023
$4K
GENERAL OPERATING
2023
$3K
General Operating
2023
$1K
General & Unrestricted
2023
$1K
GENERAL CHARITABLE PURPOSES
2023
$6M
GENERAL
2022
$1.0M
GENERAL SUPPORT
2022
$688K
For grant recipient's exempt purposes
2022
$433K
OPERATING, BUILDING FUND, AND SCHOLARSHIPS
2022
$300K
GENERAL OPERATING SUPPORT
2022
$200K
Student Scholarships, Boaz Gifts
2022
$157K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$150K
GENERAL SUPPORT
2022
$150K
GENERAL
2022
$130K
GENERAL FUND BUILDING
2022
$125K
GENERAL
2022
$125K
SCHOLARSHIP FUND
2022
$124K
GENERAL FUND
2022
$100K
EDUCATIONAL SERVICES
2022
$88K
$25,000: support for two 2024 scholarships; $50,000: support for capital campaign, general fund
2022
$85K
EDUCATION
2022
$75K
GENERAL OPER
2022
$74K
DONOR-RECOMMENDED, EDUCATION
2022
$65K
General Fund
2022
$63K
GENERAL SUPPORT
2022
$51K
GENERAL SUPPORT
2022
$50K
UNRESTRICTED CHARITABLE GIFTS
2022
$50K
General & Unrestricted
2022
$41K
OPERATIONS
2022
$40K
TO SUPPORT THE ORGANIZATION'S MISSIO
2022
$36K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2022
$30K
EDUCATIONAL
2022
$25K
COMMUNITY GIFT
2022
$25K
GENERAL PURPOSE
2022
$25K
EDUCATION
2022
$24K
GRANT - GEN OP
2022
$20K
GENERAL SUPPORT
2022
$17K
GENERAL SUPPORT
2022
$15K
GENERAL SUPPORT
2022
$15K
EDUCATION
2022
$15K
GENERAL OPERATING
2022
$15K
GENERAL OPERATING
2022
$15K
501(C)(3)CHARITABLE
2022
$14K
CHARITABLE DONATION
2022
$12K
GENERAL PURPOSE EXEMPT FUNCTION GRANT
2022
$10K
EDUCATIONAL SERVICE
2022
$10K
GRANT DISTRIBUTION
2022
$10K
DAY SPONSORSHIP PROGRAM
2022
$10K
SUPPORT OF CHARITABLE ACTIVITIES
2022
$9K
GENERAL OPERATING
2022
$8K
Community welfare and betterment
2022
$6K
General Support
2022
$5K
PROVIDE FUNDS FOR OPERATIONS
2022
$5K
General Operating
2022
$5K
SCHOOL TUITION FOR STUDENTS
2022
$5K
EDUCATIONAL
2022
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$4K
GENERAL OPERATING FUND
2022
$4K
GENERAL
2022
$4K
SUPPORT THE EDUCATION AND DEVELOPMENT OF INNER-CITY YOUTH
2022
$4K
MATCHING GIFTS TO EDUCATION
2022
$1K
GENERAL CHARITABLE PURPOSES
2022
$1K
General Operating Support
2022
$1K
GIFT MATCHING
2022
$750
BUILDING BRIGHT FUTURES 1:1 MATCH TO HELP SPONSOR CHILDREN
2022

Funded by

$44.6M from 116 funders · 363 grants · 2017–2024

Natl Christian Charitable Fdn Inc

$10.0M · 5 grants · 2020–2024

Wem Foundation

$6.6M · 7 grants · 2020–2023

Kahr Foundation-Ima

$3.3M · 4 grants · 2020–2024

Sid And Carol Verdoorn Family Foundation

$2.8M · 5 grants · 2019–2023

Fidelity Investments Charitable Gift Fund

$2.4M · 8 grants · 2017–2023

Donor Advised Charitable Giving Inc

$2.0M · 7 grants · 2017–2023

The Minneapolis Foundation

$1.6M · 8 grants · 2017–2024

Dcm Foundation

$1.5M · 5 grants · 2020–2024

Details

EIN411962874
NTEE codeB24
Subsection03
Ruling date2001-03
Formed2000
Employees259
Volunteers296
HOPE ACADEMY INC — Mission, Financials & Grants Received | Grantivo