Nonprofit · EIN 99-2277975
HOPE ACADEMY HOLDING COMPANY
Tax-exempt · MINNEAPOLIS, MN 55404
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $87,721 | $652,451 | -$564,730 | $24,303,325 | $9,867,451 | $14,435,874 |
| July 31, 2024 | 990 | $15,020,115 | $19,511 | $15,000,604 | $24,850,604 | $9,850,000 | $15,000,604 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $87,721
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $509,996
- Program services (functional)
- $512,583
- Management and general (functional)
- $134,768
- Fundraising (functional)
- $5,100
Balance sheet and other
- Total assets, start of year
- $24,850,604
- Total assets, end of year
- $24,303,325
- Total liabilities, end of year
- $9,867,451
- Net assets, end of year
- $14,435,874
- Land, buildings and equipment
- $21,744,398
- Net assets without donor restrictions
- $14,435,874
- Gross receipts
- $212,721
- Employees
- 0
- Volunteers
- 2
- Year formed
- 2024
- State of legal domicile
- MN
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 July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JEREMY DONALDSON | TREASURER/SE Trustee or director, Officer | 0.1 | $0 | $80,794 | $12,732 |
| RICH CAMMACK | PRESIDENT/CH Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| CECIL SMITH | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended July 31, 2024: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JEREMY DONALDSON | TREASURER/SE Trustee or director, Officer | 1 | $0 | $65,683 | $11,943 |
| RICH CAMMACK | PRESIDENT/CH Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| CECIL SMITH | BOARD MEMBER Trustee or director | 0.1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 710 E 24TH ST, MINNEAPOLIS, MN 55404-3840
- In care of
- % JEREMY DONALDSON
- Principal officer (990 for 2024)
- JEREMY DONALDSON, 710 E 24TH ST, MINNEAPOLIS, MN 55404
- Signed the 990
- JEREMY DONALDSON, TREASURER/SECRETARY
- Phone
- (612) 540-2200
- Return prepared by
- BOYUM & BARENSCHEER PLLP
Mission
THE ORGANIZATION ASSISTS HOPE ACADEMY WITH OPERATING A K-12 SCHOOL IN URBAN MINNEAPOLIS, WHICH PROVIDES A CLASSICAL CHRISTIAN EDUCATION, WITH A GOAL OF FOSTERING HOPE IN GOD WITHIN THE INNER-CITY NEIGHBORHOODS OF MINNEAPOLIS BY PROVIDING YOUTH WITH A REMARKABLE GOD-CENTERED EDUCATION.
Program accomplishments
- HOPE ACADEMY HOLDING COMPANY IS ORGANIZED AND WILL OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, AND EXCLUSIVELY FOR THE BENEFIT OF, TO SUPPORT THE FUNCTIONS OF, AND TO ASSIST IN CARRYING OUT THE PURPOSES OF HOPE ACADEMY, INC., A MINNESOTA NONPROFIT CORPORATION. HOPE ACADEMY HOLDING COMPANY'S OPERATIONS CONSIST OF MANAGING THE REAL ESTATE HOLDINGS AND CONSTRUCTION PROJECT FOR HOPE ACADEMY.Expenses $512,583
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 July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 99-2277975
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2024
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B19)
- Assets (IRS master file)
- $24,303,325
- Income (IRS master file)
- $212,721
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $87,721 | $652,451 | $24,303,325 | XML |
| 990 | July 2024 | $15,020,115 | $19,511 | $24,850,604 | XML |
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 99-2277975).
Questions about HOPE ACADEMY HOLDING COMPANY
- What is the EIN of HOPE ACADEMY HOLDING COMPANY?
- The employer identification number (EIN) of HOPE ACADEMY HOLDING COMPANY is 99-2277975.
- Is HOPE ACADEMY HOLDING COMPANY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to HOPE ACADEMY HOLDING COMPANY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does HOPE ACADEMY HOLDING COMPANY 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 HOLDING COMPANY due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOPE ACADEMY HOLDING COMPANY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of HOPE ACADEMY HOLDING COMPANY?
- The 990 for the year ended July 31, 2025 names JEREMY DONALDSON.
- Who are the officers and directors of HOPE ACADEMY HOLDING COMPANY?
- The 990 for the year ended July 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does HOPE ACADEMY HOLDING COMPANY have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $87,721, expenses of $652,451 and total assets of $24,303,325 at year end.
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