Nonprofit · EIN 46-4845929
THE HOPE ACADEMY
Also known as The Hope Academy
Tax-exempt · PROVIDENCE, RI 02905
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,741,703 | $7,134,986 | -$393,283 | $3,827,488 | $1,992,066 | $1,835,422 |
| June 30, 2024 | 990 | $6,553,173 | $6,405,013 | $148,160 | $5,016,708 | $2,808,681 | $2,208,027 |
| June 30, 2023 | 990 | $6,378,003 | $5,741,577 | $636,426 | $5,922,457 | $3,856,481 | $2,065,976 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $5,003,711
- of which government grants
- $4,989,853
- Program service revenue
- $1,685,479
- Investment income
- $52,513
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $377,473
- Other salaries and wages
- $3,236,904
- Salaries, compensation and benefits (total)
- $4,493,686
- Professional fundraising fees
- $0
- Legal fees
- $5,152
- Accounting fees
- $10,000
- Occupancy
- $1,336,966
- Program services (functional)
- $6,512,296
- Management and general (functional)
- $622,690
Balance sheet and other
- Total assets, start of year
- $5,016,708
- Total assets, end of year
- $3,827,488
- Total liabilities, end of year
- $1,992,066
- Net assets, end of year
- $1,835,422
- Net assets without donor restrictions
- $1,893,982
- Net assets with donor restrictions
- -$58,560
- Gross receipts
- $6,741,703
- Employees
- 74
- Volunteers
- 0
- Year formed
- 2014
- State of legal domicile
- RI
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 |
|---|---|---|---|
| NERISE BECKFORD HOLY | HEAD OF SCHOOL Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $102,021 |
| FRANCISCO RAMIREZ | OPERATIONS MANAGER Trustee or director, Key employee | 40 | $89,212 |
| MAYOR CHARLES A LOMBARDI | CHAIRPERSON Trustee or director | 1 | $0 |
| MAYOR BRETT SMILEY | VICE CHAIRPERSON Trustee or director | 1 | $0 |
| JOHN KELLY | SECRETARY/TREASURER Trustee or director | 1 | $0 |
| BIANCA RODRIGUEZ | DIRECTOR/FOUNDER Trustee or director | 1 | $0 |
| MAYOR DESIGNEE | DIRECTOR Trustee or director | 1 | $0 |
| ALFRED MARCIANO | TREASURER Trustee or director | 1 | $0 |
| ROSE MARY GRANT | DIRECTOR Trustee or director | 1 | $0 |
| ZOILA QUEZADA | ELECTED PARENT Trustee or director | 1 | $0 |
| ANNA RIVERA | ELECTED PARENT Trustee or director | 1 | $0 |
| CHAINYLEE ALVAREZ | ELECTED PARENT Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NERISE BECKFORD HOLY | HEAD OF SCHOOL Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $111,800 |
| FRANCISCO RAMIREZ | OPERATIONS MANAGER Trustee or director, Key employee | 40 | $83,578 |
| MAYOR CHARLES A LOMBARDI | CHAIRPERSON Trustee or director | 1 | $0 |
| MAYOR BRETT SMILEY | VICE CHAIRPERSON Trustee or director | 1 | $0 |
| JOHN KELLY | SECRETARY/TREASURER Trustee or director | 1 | $0 |
| BIANCA RODRIGUEZ | DIRECTOR/FOUNDER Trustee or director | 1 | $0 |
| ALFRED MARCIANO | DIRECTOR Trustee or director | 1 | $0 |
| ZOILA QUEZADA | ELECTED PARENT MEMBER Trustee or director | 1 | $0 |
| ROSE MARY GRANT | DIRECTOR Trustee or director | 1 | $0 |
| MARYELYN ACEVEDO | DIRECTOR Trustee or director | 1 | $0 |
| NAZIK FERNANDES | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NERISE BECKFORD HOLY | HEAD OF SCHOOL Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $116,023 |
| FRANCISCO RAMIREZ | OPERATIONS MANAGER Trustee or director, Key employee | 40 | $84,335 |
| MAYOR CHARLES A LOMBARDI | CHAIRPERSON Trustee or director | 1 | $0 |
| MAYOR BRETT SMILEY | VICE CHAIRPERSON Trustee or director | 1 | $0 |
| JOHN KELLY | SECRETARY/TREASURER Trustee or director | 1 | $0 |
| BIANCA RODRIGUEZ | DIRECTOR/FOUNDER Trustee or director | 1 | $0 |
| ALFRED MARCIANO | DIRECTOR Trustee or director | 1 | $0 |
| ZOILA QUEZADA | ELECTED PARENT MEMBER Trustee or director | 1 | $0 |
| ROSE MARY GRANT | DIRECTOR Trustee or director | 1 | $0 |
| MARYELYN ACEVEDO | DIRECTOR Trustee or director | 1 | $0 |
| NAZIK FERNANDES | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1000 EDDY ST, PROVIDENCE, RI 02905-4739
- In care of
- % JOHN M KELLY
- Mailing address (990-N for 2013)
- 1000 Eddy Street, Providence RI 02905
- Principal officer (990 for 2024)
- NERISE BEFORD-JOLY, 1000 EDDY ST, PROVIDENCE, RI 02905
- Principal officer (990-N for 2013)
- John M Kelly, 1000 Eddy St, Providence RI 02905
- Signed the 990
- NERISE BEDFORD-JOLY, HEAD OF SCHOOL
- Phone
- (401) 533-9100
- Website
- www.hopeacademyri.org
- Return prepared by
- PPA LLP
Mission
THE HOPE ACADEMY IS COMMITTED TO AN EDUCATIONAL MODEL FOCUSING ON THE ACADEMIC AND SOCIAL SUCCESS OF EACH INDIVIDUAL, PREPARING STUDENTS TO MEET THE CHALLENGES OF THE FUTURE.
Program accomplishments
- CHARTER SCHOOL EDUCATIONAL SERVICES THE HOPE ACADEMYS PRIMARY SERVICE IS TO PROVIDE PUBLIC EDUCATION TO RESIDENTS OF PROVIDENCE AND NORTH PROVIDENCE. ADMISSION IS BASED ON A LOTTERY SYSTEM AND TUITIONS ARE BILLED TO THE CITY/TOWN IN WHICH THE STUDENT RESIDES. THE HOPE ACADEMY FOSTERS AN INCLUSIVE ENVIRONMENT BY EXPOSING CHILDREN TO THOSE WHO ARE DIFFERENT FROM THEMSELVES AT AN EARLY AGE. THE SCHOOL RENTS SPACE FROM MEETING STREET, A PRIVATE INSTITUTION OF LEARNING THAT HAS BEEN RECOGNIZED AS A LEADER IN SERVICING STUDENTS WITH DISABILITIES. GROWING UP ALONGSIDE CHILDREN THAT ARE DIFFERENT THAN THEMSELVES WILL INCITE INCLUSIVITY.Expenses $6,512,296 · revenue $6,741,703
- SCHOOL FOOD SERVICE FUND THE HOPE ACADEMY PROVIDES BREAKFAST & LUNCH FOR ITS STUDENTS. FEES ARE ASSESSED BASED ON INCOME LEVEL. REVENUES ALSO COME FROM FEDERAL PROGRAMS.0
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
- 46-4845929
- 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
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $3,827,488
- Income (IRS master file)
- $6,741,703
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,741,703 | $7,134,986 | $3,827,488 | IRS |
| 990 | June 2024 | $6,553,173 | $6,405,013 | $5,016,708 | IRS |
| 990 | June 2023 | $6,378,003 | $5,741,577 | $5,922,457 | XML |
| 990 | June 2022 | $5,145,628 | $4,959,247 | $1,642,138 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2013 Officer: John M Kelly | June 30, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
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 46-4845929).
Questions about THE HOPE ACADEMY
- What is the EIN of THE HOPE ACADEMY?
- The employer identification number (EIN) of THE HOPE ACADEMY is 46-4845929.
- Is THE HOPE ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to THE HOPE ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE HOPE ACADEMY 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 THE HOPE ACADEMY 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 THE HOPE ACADEMY 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 THE HOPE ACADEMY?
- The 990 for the year ended June 30, 2025 names NERISE BEFORD-JOLY.
- Who are the officers and directors of THE HOPE ACADEMY?
- The 990 for the year ended June 30, 2025 lists 12 people; 2 received compensation from the organization, the highest $102,021 (NERISE BECKFORD HOLY, HEAD OF SCHOOL).
- How much revenue does THE HOPE ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,741,703, expenses of $7,134,986 and total assets of $3,827,488 at year end.
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