2024-04-03T17:12:34-05:00 2023-06-30 FORVIS LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2022-07-01 201858456 HOPE ONLINE LEARNING ACADEMY CO-OP % HEATHER O'MARA HOPE 7204023000 9780 PYRAMID COURT STE 100 ENGLEWOOD CO 80112 HEATHER O'MARA CEO 7204023000 2024-05-15 true Heather OMara 999009999 Adam R Smith CPA P00958966 7194714290 2024-05-15 2 2022 2023-04-26 12:10:37Z HEATHER O'MARA FOUNDER CEO 9780 PYRAMID COURT 100 ENGLEWOOD CO 80112 19259257 false X WWW.HOPEONLINE.ORG X 2004 CO HOPE ONLINE LEARNING ACADEMY CO-OP IS A PUBLIC CHARTER SCHOOL THAT PROVIDES COLORADO STUDENTS WITH A COMPREHENSIVE AND QUALITY 6-12 EDUCATION. 5 5 121 5 0 0 20900279 19202282 0 0 -22850 -24193 14345 -1536 20891774 19176553 0 0 0 0 4681658 5571044 0 0 0 15778284 14250721 20459942 19821765 431832 -645212 6113571 4575653 10007412 12598576 -3893841 -8022923 X HOPE IS A BLENDED LEARNING MODEL WHERE 6-12 STUDENTS RECEIVE INSTRUCTION ONLINE AND AT LEARNING SITES. LEARNING SITES ARE SAFE, SUPPORTIVE ENVIRONMENTS ABLE TO ACCOMMODATE THE DIVERSE NEEDS OF NEIGHBORHOOD STUDENTS. STUDENTS ATTEND LEARNING CENTERS 4 DAYS A WEEK, ROTATING BETWEEEN INDIVIDUALIZED ONLINE LESSONS AND CLASSROOM INSTRUCTION LED BY CERTITFIED TEACHERS AND ASSISTED BY COMMUNITY MENTORS. OTHER STUDENTS LEARN MAINLY ONLINE AND ATTEND A DROP IN/ED ZONE SITE WHEN THEY NEED ADDITIONAL SUPPORT. false false 17668182 0 12975 HOPE IS A COLORADO PUBLIC CHARTER SCHOOL. DURING THE 2022-2023 SCHOOL YEAR, HOPE EDUCATED APPROXIMATELY 1,751 STUDENTS IN GRADES 6-12. 383577 0 0 HOPE OPERATES A SCHOOL BREAKFAST AND LUNCH PROGRAM SERVING STUDENTS IN MANY OF OUR LEARNING SITE LOCATIONS. 18051759 true true false true false false false false false false true false false true true false true true false false false false false false true false false false false true false false false false false false false false true false false false false false false false false true 27 0 121 true false false false false false true true false false false false false false X 5 5 false false false false false false true true true false false true true true true false true true true false X X HEATHER O'MARA 7204023000 9780 PYRAMID COURT 100 ENGLEWOOD CO 80112 X HEATHER O'MARA CEO 40.0 0.0 X 198723 0 20280 JENNIFER FAILER VP OF FINANCE - THRU 08/2022 40.0 0.0 X 101012 0 24474 BILL DE LA CRUZ CO-CHAIR 1.0 0.0 X X 0 0 0 JEFF VIGIL DIRECTOR 1.0 0.0 X 0 0 0 JERRY DEMMER DIRECTOR 1.0 0.0 X 0 0 0 KIM ROSSI CHAIR 1.0 0.0 X X 0 0 0 KRISTINE TURNER VICE CHAIR 1.0 0.0 X X 0 0 0 299735 0 44754 2 false true false WORLD IMPACT 5155 E 64TH AVE COMMERCE CITY CO 80022 LEARNING CENTER 574840 ALPHA LEARNING ACADEMY 1000 W 6TH ST PUEBLO CO 80003 LEARNING CENTER 510854 POWER ACADEMY 3200 DAHLIA ST DENVER CO 80003 LEARNING CENTER 455808 EDGENUITY INC DEPT LA 24561 PASADENA CA 91185 CURRICULUM 1800000 GLOBAL ADVANTAGE 107 WEST 11TH STREET PUEBLO CO 81003 LEARNING SITE 5632509 13 77655 19108644 15983 48480 19202282 0 8609 8609 0 0 0 0 0 32802 -32802 -32802 -32802 35391 77655 49902 -14511 -14511 0 0 0 0 0 0 Miscellaneous Income 900099 12975 12975 12975 19176553 12975 -38704 X 0 0 0 0 277386 277386 0 3633826 3403192 230634 916181 916181 638909 557829 81080 104742 98599 6143 0 3732 3732 212464 212464 42500 42500 0 0 9282990 9173134 109856 19897 19897 221710 221710 198936 198936 0 349149 349149 109105 109105 0 0 0 312102 312102 93619 93619 60401 60401 CURRICULUM 353712 353712 SCHOOL LUNCH PROGRAM EXPENSES 383577 383577 OTHER INSTRUCTION EXPENSES 2347461 2303345 44116 OTHER SUPPORTING SERVICES 219546 217713 1833 39820 39820 19821765 18051759 1770006 0 2168973 1266647 623060 600729 574919 21354 74705 227162 0 0 0 0 0 0 0 0 396833 639506 571405 344088 181788 227317 0 0 0 0 0 0 0 0 2093293 1592938 6113571 4575653 1427585 976412 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8579827 11622164 10007412 12598576 X -4516901 -8623652 623060 600729 -3893841 -8022923 6113571 4575653 X -645212 -3483870 X false true X true false X 18856878 19535313 12554762 20900279 19202282 91049514 0 0 18856878 19535313 12554762 20900279 19202282 91049514 0 91049514 2135 1371 263 102 8609 12480 11585 11585 0 91073579 25749 0.99974 0.99992 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false true 42500 false false 42500 false SCHEDULE C, PART II-B, LINE 1G Description of Lobbying Activities: Hope Online Learning Academy CO-OP contracts with two organizations to work with legislators and their staff. During the 22/23 fiscal year, these individuals were only involved with monitoring current changes to legislation, and did not attempt to influence any current legislative matter on HOPE's behalf. 52807 44934 7873 518598 299154 219444 227317 DEPOSITS 54000 RIGHT-TO-USE ASSET 1538938 1592938 0 Reserve for Pupil Count Audit 65102 Net Pension Liability 9755062 LEASE LIABILITY 1802000 11622164 19259257 82704 82704 19176553 19176553 19949311 666368 666368 19282943 538822 538822 19821765 SCHEDULE D, PART XI, LINE 2D REVENUE ON BOOKS, NOT ON RETURN: 49,902 FUNDRAISING EXPENSES 32,802 LOSS ON DISPOSAL OF ASSETS 82,704 Total SCHEDULE D, PART XII,LINE 2D EXPENSE ON BOOKS, NOT ON RETURN: 196,801 CAPITAL OUTLAY ON GOVERNMENTAL FUND REPORT, NOT ON 990 419,665 LEASE LIABILITY EXPENSE 49,902 FUNDRAISING EXPENSES 666,368 TOTAL SCHEDULE D, PART XII, LINE 4B EXPENSE ON RETURN, NOT ON BOOKS: 446,535 AMORTIZATION EXPENSE NOT REPORTED AS EXPENDITURE ON THE GOVERNMENTAL FUND REPORT 93,619 DEPRECIATION EXPENSE NOT REPORTED AS EXPENDITURE ON THE GOVERNMENTAL FUND REPORT (1,332) CHANGE IN ACCRUED INTEREST 538,822 TOTAL CELEBRATE HOPE 113046 77655 35391 1250 3700 800 44152 0 113046 77655 35391 1250 3700 800 44152 49902 -14511 X X true false false false false false false false false HEATHER O'MARA CEO 198723 0 0 0 0 0 19388 0 892 0 219003 0 SCHEDULE J, PART I, LINE 4A SEVERANCE/CHANGE OF CONTROL PAYMENT: JENNIFER FAILER RECEIVED A QUALIFYING PAYMENT IN THE AMOUNT OF $9,565. X GIFT CARDS 44 1825 FMV X GIFT BASKETS 72 32655 FMV X CHRISTMAS GIFTS FOR KIDS 400 14000 FMV false false false SCHEDULE M, COLUMN B NUMBER OF NONCASH CONTRIBUTIONS NUMBER DISCLOSED RELATES TO THE NUMBER OF NON-CASH CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS SUBJECT TO APPROVAL: AS PART OF THE CONTRACT WITH DOUGLAS COUNTY SCHOOL DISTRICT (DCSD) THE BUDGET MUST BE SUBMITTED TO DCSD. DCSD APPROVES THE BUDGET AND INCLUDES IT IN THE RESOLUTION TO APPROVE THE ENTIRE DCSD BUDGET. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW THE FORM 990: HOPE'S FORM 990 IS PREPARED BY A THIRD PARTY AND REVIEWED IN DETAIL BY THE CEO AND ACCOUNTING MANAGER. IN ADDITION, A COPY OF THE FINAL FORM 990 IS REVIEWED IN A QUARTERLY BOARD MEETING PRIOR TO THE RETURN BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY: HOPE BOARD MEMBERS ARE REQUIRED TO FILL OUT AND SUBMIT A CONFLICTS DISCLOSURE STATEMENT TO THE HOPE OFFICE AND THE DOUGLAS COUNTY SCHOOL DISTRICT EACH YEAR BY SEPTEMBER 1ST FOR THE PRECEDING FISCAL YEAR. THESE STATEMENTS ARE REVIEWED BY THE CEO. IF ANY CONFLICTS OF INTEREST SHOULD ARISE, THE BOARD MEMBER IS REQUIRED TO FILE AN AMENDED STATEMENT WITHIN 30 DAYS. THE AMENDED STATEMENT WOULD BE REVIEWED BY MEMBERS OF THE BOARD AND A DETERMINATION WOULD BE MADE ON ANY REFUSAL. FORM 990, PART VI, SECTION B, LINE 15A REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION: COMPENSATION FOR THE CEO IS REVIEWED AND INCREASED ANNUALLY. INCREASE WAS DONE TO MITIGATE INCREASE IN EMPLOYEE PERA CONTRIBUTIONS. COMPENSATION INCREASES ARE REVIEWED BY HOPE'S FINANCE LEADER AND ADMINISTRATION UTILIZING COMPENSATION SURVEYS. INCREASES ARE ALSO REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS THROUGH THEIR APPROVAL OF THE ANNUAL BUDGET. FORM 990, PART VI, SECTION B, LINE 15B REVIEW OF OTHER OFFICER OR KEY EMPLOYEES COMPENSATION: AN AVERAGE MERIT OF 8% WAS IMPLEMENTED ACROSS THE BOARD TO ACCOUNT FOR COST OF LIVING. COMPENSATION INCREASES WERE REVIEWED BY THE HUMAN RESOURCES GENERALIST AND CEO UTILIZING COMPENSATION SURVEYS AND COMPARATIVE CHARTER SCHOOL AND SCHOOL DISTRICT DATA. INCREASES ARE ALSO REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS THROUGH THEIR APPROVAL OF THE ANNUAL BUDGET. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC: THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. HOPE'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC VIA THE ORGANIZATION'S WEBSITE IN ACCORDANCE WITH THE PUBLIC SCHOOL TRANSPARENCY ACT FOR THE STATE OF COLORADO. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES: CHANGE IN PENSION LIABILITY DUE TO PROPORTIONATE SHARE OF NET PENSION LIABILITY 3,483,870 FORM 990 PART IX LINE 11G DESCRIPTION:LEARNING CENTER SERVICES TOTAL FEES:9173134 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER CONSULTING TOTAL FEES:109856