2025-05-08T08:39:38-07:00 2024-06-30 222264838 Jump Perry and Company LLP 12 Lexington Avenue Toms River NJ 08753 990 2023-07-01 223785563 HOPE ACADEMY CHARTER SCHOOL HOPE 7329884227 601 GRAND AVE ASBURY PARK NJ 07712 FELICIA KENNEDY BUSINESS ADMIN 2025-05-07 true true KATHRYN PERRY CPA P00044857 7322407377 2023 2025-03-06 01:10:19Z 601 GRAND AVE ASBURY PARK NJ 07712 6932529 false X www.hopeacademycs.org X 2001 NJ The mission of Hope Academy Charter School is as follows: the production of intelligent, competent, compassionate and community-minded citizens, who will teach others to be, to know, and to do like wise. The educational philosophy is embedded in our Core Values. Hard Work Open and Honest communications Personal Commitment Excellence We at Hope Academy believe that FAILURE IS NOT AN OPTION. 7 7 57 0 6974475 6824312 5105 59502 103112 -242359 0 6791618 6932529 0 0 4299547 3751896 0 0 1748522 1974843 6048069 5726739 743549 1205790 10783367 11746615 5455790 5213248 5327577 6533367 The mission of Hope Academy Charter School is as follows: the production of intelligent, competent, compassionate and community-minded citizens, who will teach others to be, to know, and to do like wise. The educational philosophy is embedded in our Core Values. Hard Work Open and Honest communications Personal Commitment Excellence We at Hope Academy believe that FAILURE IS NOT AN OPTION. false false 3847340 EDUCATION COSTS 3847340 true false false false false false false false false false true false false true true true true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 15 0 true 57 true false false false false false false false 0 false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true true false X CLAUDIA MORGAN 7329884227 601 GRAND AVE ASBURY PARK NJ 07712 DAVISHA PRATT SUPERINTENDENT 40.00 0.00 218010 0 0 FELICIA KENNEDY BUSINESS ADMIN 40.00 0.00 X 121034 0 0 CLAUDIA MORGAN President 3.00 0.00 X X 0 0 0 SHEREE SANDERS-JONES Vice President 3.00 0.00 X X 0 0 0 KEVIN ELAM Trustee 3.00 0.00 X 0 0 0 JAKORA HOLMAN Trustee 3.00 0.00 X 0 0 0 KANESHA JONES Trustee 3.00 0.00 X 0 0 0 JASMINE MARSHALL-BUTLER Trustee 3.00 0.00 X 0 0 0 ESTELLE CADET Trustee 3.00 0.00 X 0 0 0 339044 2 false true false KARSON FOODS SERVICES INC 3409 ROSE AVENUE OCEAN TOWNSHIP NJ 07712 FOOD SERVICE 248175 ACS INTERNATIONAL RESOURCES INC 1330 BALTIMORE PIKE CHADDS FORD PA 19317 TECHNOLOGY 106763 SANTORINI CONSTRUCTION INC 1 SOUTH RIVERSIDE DRIVE NEPTUNE NJ 07753 CONSTRUCTION 1092188 3 4156939 2667373 6824312 FOOD SERVICE 900099 5105 5105 5105 103112 103112 0 0 0 0 0 0 0 0 6932529 108217 0 0 0 0 339044 339044 0 2905484 2235423 670061 47387 47387 459981 432769 27212 0 0 5310 5310 16736 16736 0 0 0 0 0 0 0 0 0 0 0 0 122250 122250 0 241590 241590 110578 110578 PURCHASED SERVICES 797321 447412 349909 SUPPLIES 353886 216859 137027 OTHER EXPENSES 199277 199277 FACILITIES 99249 99249 28646 4401 24245 5726739 3847340 1879399 0 3841392 3359487 0 0 1055979 742725 0 0 0 0 20986 14530 8000512 1357414 5619737 6643098 0 0 0 0 245273 986775 10783367 11746615 753907 42571 4027593 3846444 674290 1324233 5455790 5213248 X 5317012 3646010 10565 2887357 5327577 6533367 10783367 11746615 1205790 X false true X true true true X 1415722 1415722 5052403 1190063 3862340 1291001 65105 1225896 207265 102246 105019 34121 34121 6643098 DEFERRED OUTFLOWS - PERS 209150 INTERFUND RECEIVABLE 702625 Restricted cash 75000 986775 DEFERRED OUTFLOWS - PERS 95316 INTERFUND PAYABLE 702625 OTHER LIABILITIES 16457 PENSION LIABILITY PERS 485978 UNEARNED REVENUE 23857 1324233 X 7114338 181809 181809 6932529 6932529 5908548 181809 181809 5726739 5726739 Part X : FIN48 Footnote THE CHARTER SCHOOL HAD NO UNRECOGNIZED TAX BENEFITS. FURTHERMORE, THE CHARTER SCHOOL HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2024. THE CHARTER SCHOOL FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE CHARTER SCHOOL HAS NO OPEN YEARS PRIOR TO JUNE 30, 2021. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 ON-BEHALF TPAF LTDI $449 ON-BEHALF TPAF OPEB $181360 Part XII, Line 2d: Other expenses and losses per audited F/S ON-BEHALF TPAF LTDI $449 ON-BEHALF TPAF OPEB $181360 true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized THE HOPE ACADEMY CHARTER SCHOOL MAINTAINS A RACIALLY NONDISCRIMINATORY POLICY TOWARDS ALL STUDENTS IN THAT THE CHARTER SCHOOL DOES NOT DISCRIMINATE AGAINST ANY STUDENT OR EMPLOYEE FOR REASONS OF RACE, COLOR, CREED, SEX, AGE, RELIGION, ETHNIC ORIGIN, FAMILY AFFILIATION, DISABILITIES, SOCIAL OR ECONOMIC STATUS, MARITAL STATUS, SEXUAL ORIENTATION, OR BECAUSE OF LIABILITY FOR SERVICE IN THE UNITED STATES ARMED FORCES. THE RACIALLY NONDISCRIMINATORY POLICY IS CONTAINED IN THE SCHOOL BY-LAWS AND IS COMMUNICATED TO STUDENTS AND PARENTS. THE SCHOOL WILL ALSO PUBLISH THIS POLICY IN ITS BROCHURE AND ON ITS WEBSITE. IN ADDITION, THE HOPE ACADEMY CHARTER SCHOOL CUSTOMARILY DRAWS ITS STUDENTS FROM LOCAL COMMUNITIES AND FURTHER THE CHARTER SCHOOL ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency THE SCHOOL RECEIVES FINANCIAL ASSISTANCE FROM FEDERAL, STATE AND LOCAL GOVERNMENTS. X false false false false false false false false false DAVISHA PRATT SUPERINTENDENT 218010 218010 Form 990, Part VI, Section B, Line 11b THE BOARD OF TRUSTEES OR DESIGNATED SCHOOL OFFICIALS REVIEW THE TAX FORM 990 RETURN PRIOR TO SUBMISSION AND FILING WITH THE IRS. Form 990, Part VI, Section B, Line 12c HOPE ACADEMY CHARTER SCHOOL HAS AN EXPRESS, WRITTEN CONFLICT OF INTEREST POLICY THAT IS PUBLISHED EACH YEAR IN THE STAFF HANDBOOK AND IS REVIEWED WITH THE ENTIRE STAFF.ORIENTATION DISCLOSURES IS THE PROCESS BY WHICH RELATIONSHIPS MUST IN EVERY CASE BE DISCLOSED TO HOPE ACADEMY CHARTER SCHOOL ADMINISTRATION AND TO THE BOARD OF TRUSTEES AS PART OF THE INTERNAL CONTROLS PROCEDURES. DISCLOSED RELATIONSHIPS ARE REVIEWED PERIODICALLY TO ENSURE THAT THEY DEMONSTRATE COMPLIANCE. Form 990, Part VI, Section B, Line 15a SALARY AND COMPENSATION OF THE SUPERINTENDENT AND BUSINESS ADMINISTRATOR OF THE SCHOOL IS REVEIWED AND EVALUATED BY THE BOARD OF TRUSTESS OF HOPE ACADEMY CHARTER SCHOOL ON AN ANNUAL BASIS IN CONDUCTING SUCH REVIEW AND EVALUATION, FACTORS SUCH AS PERSONAL STRENGTHS AND WEAKNESSES, AS WELL AS GOALS AND ACHIEVEMENTS OF THE CHARTER SCHOOL, AND COMPARABLE SALARY DATA ARE ALL GIVEN DUE WEIGHT AND CONSIDERTATION. THE ULTIMATE COMPENSATION EVALUATION AND RECOMMENDATIONS IS THEREAFTER APPROVED BY THE BOARD OF TRUSTEES OF THE CHARTER SCHOOL. Form 990, Part VI, Section B, Line 15b SALARY AND COMPENSATION ARE REVIEWED AND EVALUATED BY THE SUPERINTENDENT AND BUSINESS ADMINISTRATOR OF THE HOPE ACADEMY CHARTER SCHOOL ON AN ANNUAL BASIS. ALL SUCH COMPENSATION EVALUATIONS AND RECOMMENDATIONS ARE REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES OF HOPE ACADEMY CHARTER SCHOOL. Form 990, Part VI, Section C, Line 19 THE MINUTES FOR THE MEETINGS OF THE BOARD OF TRUSTEES OF THE HOPE ACADEMY CHARTER SCHOOL ARE AVAILABLE TO THE PUBLIC ON THE SCHOOL'S WEBSITE AND/OR UPON REQUEST. THE CHARTER SCHOOL WILL CONTINUE TO POST ALL FUTURE MINUTES OF THE BOARD OF TRUSTEES MEETINGS ON THE SCHOOL WEBSITE. ANNUAL AUDIT AND FINANCIAL REPORTS OF THE CHARTER SCHOOL ARE AVAILABLE ON THE STATE OF NEW JERSEY DEPARTMENT OF EDUCATION WEBSITE.