Nonprofit · EIN 27-2670276
HOPE CREEK ACADEMY INC
Tax-exempt · CHAPEL HILL, NC 27515
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,973,543 | $1,803,224 | $170,319 | $3,082,417 | $117,542 | $2,964,875 |
| June 30, 2024 | 990 | $1,975,151 | $1,722,575 | $252,576 | $2,840,720 | $69,945 | $2,770,775 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $952,238
- of which government grants
- $861,137
- Program service revenue
- $975,994
- Investment income
- $44,361
- Net rental income
- $950
- Net gain from sales of assets
- $560
- Other revenue
- $950
Expenses
- Grants and similar amounts paid
- $88,304
- Compensation of officers, directors and key employees
- $83,089
- Other salaries and wages
- $1,091,965
- Salaries, compensation and benefits (total)
- $1,384,268
- Professional fundraising fees
- $0
- Accounting fees
- $11,403
- Occupancy
- $120,712
- Travel
- $22
- Depreciation
- $52,524
- Program services (functional)
- $1,708,474
- Management and general (functional)
- $92,434
- Fundraising (functional)
- $2,316
Balance sheet and other
- Total assets, start of year
- $2,840,720
- Total assets, end of year
- $3,082,417
- Total liabilities, end of year
- $117,542
- Net assets, end of year
- $2,964,875
- Land, buildings and equipment
- $1,872,619
- Publicly traded securities
- $963,265
- Net assets without donor restrictions
- $2,933,082
- Net assets with donor restrictions
- $31,793
- Gross receipts
- $1,973,589
- Employees
- 31
- Volunteers
- 12
- Year formed
- 2010
- State of legal domicile
- NC
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marion Houser | Exec Director Trustee or director | 40 | $84,575 |
| Jim Harrison | Chair Trustee or director, Officer | 2 | $0 |
| Varnell McDonald-Fletcher | Assistant Chair Trustee or director, Officer | 1 | $0 |
| Lisa Townsend | Secretary Trustee or director, Officer | 1 | $0 |
| Sean Curtis | Treasurer Trustee or director, Officer | 0.5 | $0 |
| Frank Floyd | Board Member Trustee or director | 0.5 | $0 |
| Jackie Fultrell | Board Member Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marion Houser | Exec Director Trustee or director | 40 | $81,455 |
| Varnell McDonald-Fletcher | Chair Trustee or director, Officer | 2 | $0 |
| Lisa Townsend | Secretary Trustee or director, Officer | 1 | $0 |
| Frank Floyd | Treasurer Trustee or director, Officer | 1 | $0 |
| Jackie Fultrell | Board Member Trustee or director | 0.5 | $0 |
| Jim Harrison | Board Member Trustee or director | 0.5 | $0 |
| Sydnee Matheny | Board Member Trustee or director | 0.5 | $0 |
| Ryan Gilmore | Board Member Trustee or director | 0.5 | $0 |
| Shawn Curtis | Board Member Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 3523, CHAPEL HILL, NC 27515-3523
- Principal officer (990 for 2024)
- Marion Houser, PO BOX 3523, CHAPEL HILL, NC 27515
- Signed the 990
- Marion Houser, Executive Director
- Phone
- (919) 932-0360
- Website
- www.HopeCreekAcademy.org
- Return prepared by
- Lawson Travers CPA PLLC
Mission
We are a private school, K-12, geared to children who need structure, consistency, positive reinforcement, more movement, reduced stress, both remediation and challenge along with a multi-sensory way of learning. Students receive direct small group and/or individual instruction in reading, math, language arts, social studies, science, art, music and drama.
Program accomplishments
- We are a private school, K-12, geared to children who need structure, consistency, positive reinforcement, more movement, reduced stress, both remediation and challenge along with a multi-sensory way of learning. Students receive direct small group and/or individual instruction in reading, math, language arts, social studies, science, art, music and drama.Expenses $1,708,474 · grants $88,304 · revenue $976,634
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-2670276
- 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
- 2011
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $3,082,417
- Income (IRS master file)
- $1,973,589
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,973,543 | $1,803,224 | $3,082,417 | IRS |
| 990 | June 2024 | $1,975,151 | $1,722,575 | $2,840,720 | IRS |
| 990 | June 2023 | $1,909,740 | $1,571,801 | $2,611,272 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 27-2670276).
Questions about HOPE CREEK ACADEMY INC
- What is the EIN of HOPE CREEK ACADEMY INC?
- The employer identification number (EIN) of HOPE CREEK ACADEMY INC is 27-2670276.
- Is HOPE CREEK ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to HOPE CREEK ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOPE CREEK ACADEMY INC 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 CREEK ACADEMY INC 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 CREEK ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of HOPE CREEK ACADEMY INC?
- The 990 for the year ended June 30, 2025 names Marion Houser.
- Who are the officers and directors of HOPE CREEK ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 1 received compensation from the organization, the highest $84,575 (Marion Houser, Exec Director).
- How much revenue does HOPE CREEK ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,973,543, expenses of $1,803,224 and total assets of $3,082,417 at year end.
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