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Nonprofit · EIN 22-3785563

HOPE ACADEMY CHARTER SCHOOL

Tax-exempt · ASBURY PARK, NJ 07712

Financials

$6.8M$6M2022$6.9M$5.7M2023$8.2M$5.9M2024
Revenue Expenses · by fiscal year end
Financials of HOPE ACADEMY CHARTER SCHOOL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$8,198,019$5,881,018$2,317,001$14,256,531$5,406,163$8,850,368
June 30, 2024990$6,932,529$5,726,739$1,205,790$11,746,615$5,213,248$6,533,367
June 30, 2023990$6,791,618$6,048,069$743,549$10,783,367$5,455,790$5,327,577
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$8,095,417
of which government grants
$4,096,320
Program service revenue
$2,391
Investment income
$100,211
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$348,808
Other salaries and wages
$2,832,778
Salaries, compensation and benefits (total)
$3,738,721
Professional fundraising fees
$0
Legal fees
$7,570
Accounting fees
$19,500
Depreciation
$288,236
Program services (functional)
$3,895,358
Management and general (functional)
$1,985,660

Balance sheet and other

Total assets, start of year
$11,746,615
Total assets, end of year
$14,256,531
Total liabilities, end of year
$5,406,163
Net assets, end of year
$8,850,368
Land, buildings and equipment
$7,274,991
Net assets without donor restrictions
$5,138,576
Net assets with donor restrictions
$3,711,792
Gross receipts
$8,198,019
Employees
62
Year formed
2001
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
DAVISHA PRATTSUPERINTENDENT40$229,363
FELICIA KENNEDYBUSINESS ADMIN
Trustee or director
40$119,445
CLAUDIA MORGANPresident
Trustee or director, Officer
3$0
SHEREE SANDERS-JONESVice President
Trustee or director, Officer
3$0
KEVIN ELAMTrustee
Trustee or director
3$0
JAKORA HOLMANTrustee
Trustee or director
3$0
KANESHA JONESTrustee
Trustee or director
3$0
JASMINE MARSHALL-BUTLERTrustee
Trustee or director
3$0
ESTELLE CADETTrustee
Trustee or director
3$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
DAVISHA PRATTSUPERINTENDENT40$218,010
FELICIA KENNEDYBUSINESS ADMIN
Trustee or director
40$121,034
CLAUDIA MORGANPresident
Trustee or director, Officer
3$0
SHEREE SANDERS-JONESVice President
Trustee or director, Officer
3$0
KEVIN ELAMTrustee
Trustee or director
3$0
JAKORA HOLMANTrustee
Trustee or director
3$0
KANESHA JONESTrustee
Trustee or director
3$0
JASMINE MARSHALL-BUTLERTrustee
Trustee or director
3$0
ESTELLE CADETTrustee
Trustee or director
3$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensation
DAVISHA PRATTHEAD OF SCHOOL40$222,844
FELICIA KENNEDYBUSINESS ADMINISTRATOR40$118,711
KEVIN ELAMTrustee
Trustee or director
3$0
JAKORA HOLMANTrustee
Trustee or director
3$0
KANESHA JONESTrustee
Trustee or director
3$0
JASMINE MARSHALL-BUTLERTrustee
Trustee or director
3$0
ESTELLE CADETTrustee
Trustee or director
3$0
CLAUDIA MORGANPresident
Officer
3$0
SHEREE JONESVice President
Officer
3$0

Address and contacts

Address (IRS master file)
601 GRAND AVENUE, ASBURY PARK, NJ 07712-6656
Signed the 990
FELICIA KENNEDY, BUSINESS ADMIN
Phone
(732) 988-4227
Return prepared by
Jump Perry and Company LLP

Mission

The mission of Hope Academy Charter School is as follows: the production of intelligent, competent, compassionate and community-minded citizens, who will teach others to be, to know, and to do like wise. The educational philosophy is embedded in our Core Values. Hard Work Open and Honest communications Personal Commitment Excellence We at Hope Academy believe that FAILURE IS NOT AN OPTION.

990 for the year ended June 30, 2025

Program accomplishments

  • EDUCATION COSTS
    Expenses $3,895,358

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
22-3785563
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2012
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$14,256,531
Income (IRS master file)
$8,198,019

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$8,198,019$5,881,018$14,256,531IRS
990June 2024$6,932,529$5,726,739$11,746,615IRS
990June 2023$6,791,618$6,048,069$10,783,367XML
990June 2022$6,592,241$5,873,252$10,130,909IRS
990June 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-3785563).

Questions about HOPE ACADEMY CHARTER SCHOOL

What is the EIN of HOPE ACADEMY CHARTER SCHOOL?
The employer identification number (EIN) of HOPE ACADEMY CHARTER SCHOOL is 22-3785563.
Is HOPE ACADEMY CHARTER SCHOOL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to HOPE ACADEMY CHARTER SCHOOL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOPE ACADEMY CHARTER SCHOOL file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HOPE ACADEMY CHARTER SCHOOL due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOPE ACADEMY CHARTER SCHOOL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who are the officers and directors of HOPE ACADEMY CHARTER SCHOOL?
The 990 for the year ended June 30, 2025 lists 9 people; 2 received compensation from the organization, the highest $229,363 (DAVISHA PRATT, SUPERINTENDENT).
How much revenue does HOPE ACADEMY CHARTER SCHOOL have?
On its 990 for the year ended June 30, 2025 it reported revenue of $8,198,019, expenses of $5,881,018 and total assets of $14,256,531 at year end.

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