Nonprofit · EIN 62-1612178
NEW HOPE CHRISTIAN ACADEMY INC
Tax-exempt · MEMPHIS, TN 38127
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $7,168,987 | $7,419,685 | -$250,698 | $6,222,190 | $1,421,472 | $4,800,718 |
| June 30, 2024 | 990 | $9,012,041 | $7,571,344 | $1,440,697 | $6,655,629 | $1,604,213 | $5,051,416 |
| June 30, 2023 | 990 | $5,545,067 | $8,347,035 | -$2,801,968 | $5,165,012 | $1,554,293 | $3,610,719 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $4,450,347
- of which government grants
- $8,564
- Program service revenue
- $2,622,941
- Investment income
- $95,699
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,230,664
- Compensation of officers, directors and key employees
- $303,922
- Other salaries and wages
- $3,425,131
- Salaries, compensation and benefits (total)
- $4,541,494
- Professional fundraising fees
- $0
- Accounting fees
- $23,732
- Depreciation
- $215,542
- Program services (functional)
- $6,408,409
- Management and general (functional)
- $907,828
- Fundraising (functional)
- $103,448
Balance sheet and other
- Total assets, start of year
- $6,655,629
- Total assets, end of year
- $6,222,190
- Total liabilities, end of year
- $1,421,472
- Net assets, end of year
- $4,800,718
- Land, buildings and equipment
- $2,915,818
- Net assets without donor restrictions
- $4,797,057
- Net assets with donor restrictions
- $3,661
- Gross receipts
- $7,168,987
- Employees
- 97
- Volunteers
- 70
- Year formed
- 1995
- State of legal domicile
- TN
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 | Other / benefits |
|---|---|---|---|---|
| LIONEL CABLE | HEAD OF SCHOOL Trustee or director, Officer | 50 | $178,699 | $23,733 |
| KATHY WILLIAMS | CHIEF FINANCIAL OFFICER Officer | 40 | $107,586 | $9,705 |
| KEN BENNETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ELLIOT PERRY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MURFF GALBREATH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TORI THOMAS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARCUS LEWIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MANKEN CHIGAWA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JANET GERBER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PRESTON ALBERTINE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MEKEL HARRIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KRISTEN HILL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BETSY BROWN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ADRIAN BLACKNEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| AMBER BRYAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMEKA WALLACE | BOARD MEMBER Trustee or director | 1 | $0 |
| ISAAC BYRD | CHAIRMAN Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LIONEL CABLE | HEAD OF SCHOOL Trustee or director, Officer | 50 | $198,793 | $23,364 |
| ELIZABETH STONE | FORMER CHIEF FINANCIAL OFFICER Officer | 40 | $95,270 | $0 |
| KATHY WILLIAMS | CHIEF FINANCIAL OFFICER Officer | 40 | $57,348 | $8,044 |
| KEN BENNETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ELLIOT PERRY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MURFF GALBREATH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TORI THOMAS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARCUS LEWIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MANKEN CHIGAWA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JANET GERBER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PRESTON ALBERTINE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MEKEL HARRIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KRISTEN HILL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BETSY BROWN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ADRIAN BLACKNEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| AMBER BRYAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JAMEKA WALLACE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ISAAC BYRD | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| JIM DORMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LIONEL CABLE | HEAD OF SCHOOL Trustee or director, Officer | 50 | $173,034 | $24,166 |
| ELIZABETH STONE | CHIEF FINANCIAL OFFICER Officer | 40 | $117,801 | $7,511 |
| KEN BENNETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ELLIOT PERRY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ISAAC BYRD | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MURFF GALBREATH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIM DORMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TORI THOMAS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARCUS LEWIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MANKEN CHIGAWA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JANET GERBER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PRESTON ALBERTINE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MEKEL HARRIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KRISTEN HILL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BETSY BROWN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ADRIAN BLACKNEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| AMBER BRYAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JAMEKA WALLACE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3000 UNIVERSITY ST, MEMPHIS, TN 38127-6645
- Principal officer (990 for 2024)
- LIONEL CABLE, 3000 UNIVERSITY, MEMPHIS, TN 38127
- Signed the 990
- LIONEL CABLE, HEAD OF SCHOOL
- Phone
- (901) 358-3183
- Website
- WWW.NEWHOPEMEMPHIS.ORG
- Return prepared by
- HENDERSON HUTCHERSON & MCCULLOUGH PLLC
Mission
NEW HOPE CHRISTIAN ACADEMY IS AN URBAN COLLEGE PREPARATORY ELEMENTARY SCHOOL PROVIDING STUDENTS WITH A CHALLENGING INTELLECTUAL AND CHRIST-CENTERED EDUCATION.
Program accomplishments
- URBAN COLLEGE PREPARATORY ELEMENTARY SCHOOL PROVIDING STUDENTS WITH A CHALLENGING INTELLECTUAL AND CHIRST-CENTERED EDUCATION.Expenses $6,408,409 · grants $1,230,664 · revenue $2,622,941
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
- 62-1612178
- 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
- 1995
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B200)
- Assets (IRS master file)
- $6,222,190
- Income (IRS master file)
- $7,168,987
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $7,168,987 | $7,419,685 | $6,222,190 | XML |
| 990 | June 2024 | $9,012,041 | $7,571,344 | $6,655,629 | XML |
| 990 | June 2023 | $5,545,067 | $8,347,035 | $5,165,012 | XML |
| 990 | June 2022 | $8,286,801 | $6,998,873 | $8,079,845 | 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 62-1612178).
Questions about NEW HOPE CHRISTIAN ACADEMY INC
- What is the EIN of NEW HOPE CHRISTIAN ACADEMY INC?
- The employer identification number (EIN) of NEW HOPE CHRISTIAN ACADEMY INC is 62-1612178.
- Is NEW HOPE CHRISTIAN ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to NEW HOPE CHRISTIAN ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW HOPE CHRISTIAN 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 NEW HOPE CHRISTIAN 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 NEW HOPE CHRISTIAN 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 NEW HOPE CHRISTIAN ACADEMY INC?
- The 990 for the year ended June 30, 2025 names LIONEL CABLE.
- Who are the officers and directors of NEW HOPE CHRISTIAN ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 17 people; 2 received compensation from the organization, the highest $178,699 (LIONEL CABLE, HEAD OF SCHOOL).
- How much revenue does NEW HOPE CHRISTIAN ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $7,168,987, expenses of $7,419,685 and total assets of $6,222,190 at year end.
Other nonprofits in MEMPHIS
- AUXILIARY SERVICES FOUNDATION EIN 47-2335297 · last filed 990 for 2025
- RHODES COLLEGE EIN 62-0476301 · last filed 990 for 2025
- CHRISTIAN BROTHERS UNIVERSITY EIN 62-0476666 · last filed 990 for 2025
- UNIVERSITY OF MEMPHIS FOUNDATION EIN 62-6048540 · last filed 990 for 2025
- GESTALT COMMUNITY SCHOOLS EIN 26-2794676 · last filed 990 for 2025
- BAPTIST MEMORIAL COLLEGE OF HEALTH SCIENCES INC EIN 62-1599670 · last filed 990 for 2025
- IOTA COMMUNITY SCHOOLS EIN 47-0970499 · last filed 990 for 2025
- HUTCHISON SCHOOL EIN 62-0540400 · last filed 990 for 2025