2025-12-15T14:04:24-05:00 2025-07-31 416192096 BOYUM & BARENSCHEER PLLP 3050 METRO DR STE 200 MINNEAPOLIS MN 554251547 990 2024-08-01 411962874 HOPE ACADEMY INC HOPE 6125402200 710 E 24TH ST MINNEAPOLIS MN 55404 JOHN VILLAS COO 6125402200 2025-12-12 true false ASHLEY SPARKS P01234392 9528544244 2025-12-12 2024 2025-03-06 01:10:19Z RUSS GREGG 710 E 24TH ST MINNEAPOLIS MN 55404 37240598 false X HOPEACADEMYMPLS.ORG X 2000 MN THE ORGANIZATION OPERATES 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. 13 11 259 296 0 21251021 20389359 9773945 11006979 702429 515324 73104 200260 31800499 32111922 23990748 10079667 0 9712168 11001161 0 994517 3395140 3863321 37098056 24944149 -5297557 7167773 38156559 46908680 1556055 2966856 36600504 43941824 X THE ORGANIZATION OPERATES 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. false false 23086758 10079667 11006979 THE SCHOOL ACCEPTS STUDENTS IN ALL GRADES FROM KINDERGARTEN UP TO TWELVE. ALL EXPENSES WENT TOWARD PROVIDING A HIGH QUALITY, CHRIST-CENTERED EDUCATION. 23086758 true true false false false false false false false false true true false true true true false true true false false false false false true false false false true true false false false false false false false false true false false false false true true true false false true 63 0 true 259 true false false false false false false false false false false false false X 13 11 false false false false false false false true true false false true true true true false true true true false MN X X JOHN VILLAS 6125402200 710 E 24TH ST MINNEAPOLIS MN 55404 JIM STIGMAN HEAD OF ADVA 40.00 X 198734 0 15849 RUSS GREGG HEAD OF SCHO 50.00 X X 142582 0 12703 NATHAN ZIEGLER CHIEF ACADEM 50.00 X 108992 0 13860 GWEN SMITH HEAD OF FINA 50.00 X 86515 0 12961 JEREMY DONALDSON DIRECTOR OF 50.00 0.10 X 80794 0 12732 KELVIN SIMMS ASSOC HEAD O 50.00 X 67135 0 9685 JOHN VILLAS COO 30.00 X 49647 0 11486 MIKE BROCKER MEMBER 0.50 X 0 0 0 KAREN BROWN MEMBER 0.50 X 0 0 0 WAYNE BUGG MEMBER 0.50 X 0 0 0 HECTOR FERNANDEZ MEMBER 0.50 X 0 0 0 PAUL GUIDERA MEMBER 0.50 X 0 0 0 DONNA HARRIS MEMBER 0.50 X 0 0 0 DAN OLSON PRESIDENT 3.00 X X 0 0 0 ANDREW PARKS MEMBER 0.50 X 0 0 0 BRAD PIEPER MEMBER 0.50 X 0 0 0 DOUG SMITH SECRETARY 1.00 X X 0 0 0 STEVE TOUREK MEMBER 0.50 X 0 0 0 734399 89276 3 false true false 338155 1394999 18656205 2907550 20389359 TUITION AND SCHOOL FEES 900099 11006979 11006979 11006979 493657 493657 2166639 1889292 277347 277347 277347 3183964 3162297 21667 21667 21667 338155 77087 -77087 -77087 32111922 11006979 715584 10079667 10079667 545738 469166 34019 42553 8853451 7628361 544271 680819 230363 195491 15493 19379 742859 630527 49906 62426 628750 534051 42072 52627 48000 48000 45500 45500 16087 16087 588431 574703 4165 9563 106360 61461 33659 11240 128855 109448 8622 10785 195847 166349 13105 16393 620578 604583 7767 8228 29677 29677 1051959 1020720 15620 15619 144243 139035 2455 2753 CLASSROOM TEXTS AND SUPPL 293879 293879 EQUIPMENT, BUILDING REPAI 197606 193654 1976 1976 MISSION TRIP EXPENSES 150607 150607 OTHER 74488 71011 538 2939 171204 86368 27619 57217 24944149 23086758 862874 994517 215483 1113225 8232250 14360425 500000 250000 127989 130916 50116 142285 25649307 5627743 18827748 20021564 2994973 3537374 7208000 7352891 38156559 46908680 1524131 782111 31924 18616 2166129 1556055 2966856 X 10563165 37198140 26037339 6743684 36600504 43941824 38156559 46908680 7167773 173547 X false true X true false X 11713845 12781611 25524822 21251021 20389359 91660658 11713845 12781611 25524822 21251021 20389359 91660658 9022552 82638106 299556 344540 1853131 2815359 2660296 7972882 5959 5959 99639499 36931211 0.82940 0.85110 X PART II, LINE 10 5,959 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 664961 664961 20902721 3245869 17656852 3426267 2381874 1044393 655358 655358 20021564 CNCF CHARITABLE FUND 3080859 F NCF ITSS FUND 456515 F 3537374 LEVERAGED LOAN RECEIVABLE FROM NMTC 7208000 OTHER ASSETS 144891 7352891 DUE TO HAHC 2016533 LEASE LIABILITY 149596 2166129 X SCHEDULE D, PAGE 3, PART X THE ACADEMY HAS NOT BEEN RECENTLY AUDITED; AND ACCORDINGLY, THE INFORMATION TAX RETURNS FOR THE PAST THREE YEARS ARE OPEN TO EXAMINATION. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND HAS CONCLUDED THAT THEY DO NOT RESULT IN ANYTHING THAT WOULD REQUIRE EITHER RECORDING OR DISCLOSURE IN THE FINANCIAL STATEMENTS BASED ON THE CRITERIA SET FORTH IN ASC 740. true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 HOPE'S MISSION IS SERVING URBAN POOR. APPROXIMATELY 75% OF STUDENTS ARE NON-WHITE. THIS IS PUBLICIZED ON HOPE'S WEBSITE AND IN PRINTED MATERIALS. NEWSPAPER AND RADIO ARE NOT TYPICALLY USED TO RECRUIT STUDENTS. SCHEDULE E, LINE 6 REIMBURSEMENTS FROM THE STATE OF MINNESOTA FOR MEALS AND FROM MINNEAPOLIS PUBLIC SCHOOLS FOR TEXTBOOKS. EVENING OF HOPE 338155 338155 2500 36631 37956 338155 338155 2500 36631 37956 77087 -77087 true TUITION DISCOUNT 694 10079667 CASH VALUE TUITION DISCOUN false false false false false false false false false JIM STIGMAN HEAD OF ADVANCEMENT 158734 40000 6349 9500 214583 RUSS GREGG HEAD OF SCHOOL/VP/TR 142582 5703 7000 155285 X 29 2907550 FAIR MARKET VALUE false false true SCHEDULE M, PAGE 1, PART I, LINE 32B HOPE ACADEMY USES BROKERAGE ACCOUNT TO SELL GIFTS OF MARKETABLE SECURITIES. SCHEDULE M, PAGE 2, PART II THE AMOUNT IN COLUMN (B) IS THE AMOUNT OF ITEMS CONTRIBUTED. FORM 990 - ORGANIZATION'S MISSION THE ORGANIZATION OPERATES 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. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD OF DIRECTORS REVIEWED AND APPROVE THE FORM 990 BEFORE FILING. IT IS ALSO REVIEWED BY THE HEAD OF FINANCE AND OPERATIONS. FORM 990, PAGE 6, PART VI, LINE 12C THE EXECUTIVE DIRECTOR AND THE BOARD OF DIRECTORS REVIEW AND MONITOR ALL POSSIBLE ISSUES RELATED TO CONFLICT OF INTEREST FOR ALL OFFICERS, EMPLOYEES, AND BOARD MEMBERS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS REVIEW, MONITOR, AND APPROVE ALL CHANGES AND ADJUSTMENTS TO THE HEAD OF SCHOOL'S COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 15B THE HEAD OF SCHOOL REVIEWS, MONITORS, AND APPROVES ALL CHANGES AND ADJUSTMENTS TO COMPENSATION DECISIONS FOR THE OTHER OFFICERS AND KEY EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 18 ANY RELEVANT DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. HOPE ACADEMY HOLDING COMPANY 710 E 24TH ST MINNEAPOLIS MN 55404 411962874 SCHOOL MN 501C3 2 HOPE ACAD true false false false false true false false false false false false false false true true false false false false HOPE ACADEMY HOLDING COMPANY E 7208000 LOAN BALANCE HOPE ACADEMY HOLDING COMPANY E 1916979 INTERCOMPANY BALANCE