2024-05-15T17:26:10-04:00 2023-06-30 450491842 BLANKENSHIP CPA GROUP PLLC 917 CONFERENCE DR GOODLETTSVILLE TN 370722162 990 2022-07-01 631172489 NEW HOPE ACADEMY NEWH 6155950324 1820 DOWNS BOULEVARD FRANKLIN TN 37064 DR TONJA WILLIAMS HEAD OF SCHOOL 6155950324 2024-05-15 true TONJA WILLIAMS 999009999 true JESSICA FREEMAN P01261457 6158598800 2024-05-15 2022 2023-04-26 12:10:37Z DR TONJA WILLIAMS 1820 DOWNS BOULEVARD FRANKLIN TN 37064 5666147 false X WWW.NHAFRANKLIN.ORG X 1996 TN CHRIST-CENTERED SCHOOL EDUCATING CHILDREN OF DIVERSE RACIAL & SOCIOECONOMIC BACKGROUNDS BY ESTABLISHING A BIBLICAL WORLDVIEW & PREPARING EACH CHILD TO FLOURISH ACADEMICALLY, EMOTIONALLY, SOCIALLY & SPIRITUALLY. 12 12 61 100 0 2877376 2021296 2838920 3177350 6651 47368 55625 -45700 5778572 5200314 1538214 1637133 0 2011217 2207266 0 447302 869061 889559 4418492 4733958 1360080 466356 4387183 5035326 105419 271506 4281764 4763820 CHRIST-CENTERED SCHOOL EDUCATING CHILDREN OF DIVERSE RACIAL & SOCIOECONOMIC BACKGROUNDS BY ESTABLISHING A BIBLICAL WORLDVIEW AND PREPARING EACH CHILD TO FLOURISH ACADEMICALLY, EMOTIONALLY, SOCIALLY, AND SPIRITUALLY. false false 3534556 1637133 3177350 NEW HOPE ACADEMY IS A PRIVATE, COEDUCATIONAL, CHRIST-CENTERED SCHOOL FOR PRE-KINDERGARTEN THROUGH 6TH GRADE STUDENTS, LOCATED IN FRANKLIN, TN. THROUGH OUR COMMITMENT TO EDUCATIONAL EXCELLENCE, WE TRANSFORM CHILDREN INTO LIFE-LONG LEARNERS, HANDS-ON PROBLEM SOLVERS, PURE WORSHIPERS,AND WORLD-CHANGERS - CHILDREN STEEPED IN KNOWLEDGE, WISDOM, AND UNDERSTANDING. 3534556 true true false false false false false false false true true false false true true false true false true false false false false false true false false false true false false false false false true false false false true false false false false false false false false true 10 0 true 61 true false false false false false true true false false false false false false X 12 12 false false false false false false false true true false false false true true false true false true false false X X KATHERINE WILSON 6155950324 1820 DOWNS BOULEVARD FRANKLIN TN 37064 DR TONJA WILLIAMS HEAD OF SCHO 40.00 X 65000 0 3974 RONNIE WILLIAMS CHAIRMAN 1.00 X X 0 0 0 D'JUAN EPPS VICE-CHAIRMA 1.00 X X 0 0 0 STAYKO STAYKOV TREASURER 1.00 X X 0 0 0 JR GARRETT SECRETARY 1.00 X 0 0 0 ALLENA BELL TRUSTEE 1.00 X 0 0 0 NOEMI TURCIOS TRUSTEE 1.00 X 0 0 0 BEKAH RUSSOM TRUSTEE 1.00 X 0 0 0 CHRIS JENKINS TRUSTEE 1.00 X 0 0 0 ERICA MITCHELL TRUSTEE 1.00 X 0 0 0 ANGELA GENTRY TRUSTEE 1.00 X 0 0 0 FRANCIS DANIEL TRUSTEE 1.00 X 0 0 0 PATRICK KENNY TRUSTEE 1.00 X 0 0 0 65000 3974 false false false 378556 1642740 36452 2021296 TUITION AND FEES 611110 3114810 3114810 LUNCH PROGRAM 611110 41307 41307 SCHOOL TRIPS 611110 16900 16900 OTHER ACADEMIC REVENUE 611110 4333 4333 3177350 40584 40584 26420 26420 26420 26420 373237 366453 6784 6784 6784 27260 378556 99380 -72120 -72120 5200314 3177350 1668 1637133 1637133 138097 82147 33673 22277 1743211 1036949 425062 281200 2089 1243 509 337 187565 111574 45735 30256 136304 81081 33236 21987 38798 38798 2132 2132 41000 41000 27800 758 27042 106849 10685 69452 26712 64946 6494 42215 16237 293383 234706 44008 14669 6222 6222 1060 1060 90013 73811 10801 5401 19726 12821 5721 1184 CLASSROOM EXPENSE 90052 90052 SCHOOL TRIPS 57292 57292 LUNCH PROGRAM 46286 46286 AFTER SCHOOL PROGRAM 4000 4000 4733958 3534556 752100 447302 46304 96454 1768108 1277059 281000 177674 6514 8805 3571467 2048909 1554355 1522558 583300 281927 147602 1670849 4387183 5035326 46729 121435 35115 6575 127755 23575 15741 105419 271506 X 1893541 2869944 2388223 1893876 4281764 4763820 4387183 5035326 466356 15700 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 269649 29235 15000 281927 339656 -33507 36500 269649 250816 88840 339656 250816 1.00000 false false 661500 661500 2595750 1782405 813345 41486 28151 13335 177902 163573 14329 94829 74780 20049 1522558 CONSTRUCTION IN PROGRESS 1655180 FINANCE LEASE RIGHT-OF-USE ASSETS 15669 1670849 FINANCE LEASE LIABILITY 15741 15741 3719325 15700 27813 99380 142893 3576432 2132 1621750 1623882 5200314 3237269 27813 99380 127193 3110076 2132 1621750 1623882 4733958 SCHEDULE D, PAGE 4, PART XI, LINE 2D SPECIAL EVENT EXPENSE NETTED AGAINST REVENUE PER 990 99,380 SCHEDULE D, PAGE 4, PART XI, LINE 4B FINANCIAL AID NETTED AGAINST REVENUE PER AUDIT 1,621,750 SCHEDULE D, PAGE 4, PART XII, LINE 2D SPECIAL EVENT EXPENSE NETTED AGAINST REVENUE PER 990 99,380 SCHEDULE D, PAGE 4, PART XII, LINE 4B FINANCIAL AID NETTED AGAINST REVENUE PER AUDIT 1,621,750 SCHEDULE D, PAGE 4, PART XIII INCOME TAXES THE SCHOOL IS A NOT FOR PROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT A PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE LIKELY THAN NOT THRESHOLD AS TO WHETHER THE TAX POSITIONS WOULD BE SUSTAINED, BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTY, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. TAX POSITIONS INCLUDE, BUT ARE NOT LIMITED TO, THE TAX-EXEMPT STATUS OF THE SCHOOL AND DETERMINATION OF WHETHER INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX. HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE SCHOOL IS NO LONGER SUBJECT TO INTERNAL REVENUE SERVICE EXAMINATIONS FOR THE YEARS PRIOR TO 2020. true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3 THE ORGANIZATION'S WEBSITE STATES THE FOLLOWING: "NEW HOPE ACADEMY IS A CHRIST-CENTERED SCHOOL EDUCATING CHILDREN OF DIVERSE RACIAL AND SOCIOECONOMIC BACKGROUNDS BY ESTABLISHING A BIBLICAL WORLDVIEW AND PREPARING EACH CHILD TO FLOURISH ACADEMICALLY, EMOTIONALLY, SOCIALLY, AND SPIRITUALLY." BANQUET 301676 274676 27000 19324 28407 21836 GLOW FOR HOPE 55506 55246 260 3612 3245 2905 1 48634 48634 3414 14759 843 1035 405816 378556 27260 7026 34083 32495 25776 99380 -72120 true TUITION ASSISTANCE 148 1621750 BENEVOLENT ASSISTANCE 11 15383 SCHEDULE I, PAGE 1, PART I, LINE 2 NEW HOPE ACADEMY'S GOAL IS TO PROVIDE SCHOLARSHIP ASSISTANCE TO ALL FAMILIES NEEDING ASSISTANCE BASED ON CRITERIA ADOPTED BY THE BOARD AND SUBJECT TO AVAILIABLE FUNDING. APPLICATIONS FOR ASSISTANCE ARE RETAINED IN THE ORGANIZATION'S RECORDS. 38100 DISCOUNTED TUITION FINANCIAL AID SCHEDULE L, PART V NEW HOPE ACADEMY PROVIDES FINANCIAL AID AND SCHOLARSHIPS FOR STUDENTS SOLELY ON FINANCIAL NEED. THE DEPENDENTS OF CERTAIN BOARD MEMBERS MEET SUCH NEED REQUIREMENTS. FINANCIAL AID AND SCHOLARSHIPS FOR THOSE DEPENDENTS WERE 38,100. X 528 FMV X 14 22878 FMV X TICKETS 4 10246 FMV X DONOR CULTIVAT. 1 1800 FMV X MATERIALS 1 1000 FMV false false false FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS SERVE AS TEACHER ASSISTANTS OR TO HELP WITH GENERAL OFFICE DUTIES. VOLUNTEERS READ TO STUDENTS AND HELP WITH ONE-ON-ONE ACTIVITIES. VOLUNTEERS ALSO SERVE WITH FUNDRAISING ACTIVITIES, HELPING TO PLAN, SETUP, AND COORDINATE ACTIVITIES. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD FINANCE COMMITTEE REVIEWS THE FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 15A THE SALARY OF THE HEAD OF SCHOOL IS SET ANNUALLY THROUGH A WRITTEN EMPLOYMENT CONTRACT ESTABLISHED BY THE BOARD OF TRUSTEES AND IS BASED ON COMPARABILITY DATA, DUTIES AND RESPONSIBILITIES OF THE POSITION AND BOARD DELIBERATIONS CONDUCTED ABSENT THE HEAD OF SCHOOL. THE HEAD OF SCHOOL IS ABSENT DURING BOARD VOTING ON SUCH COMPENSATION MATTERS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE FOR ON-SITE INSPECTION DURING NORMAL BUSINESS HOURS.