2026-02-25T10:47:47+00:00 2025-06-30 440160260 Forvis Mazars LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2024-07-01 201858456 HOPE ONLINE LEARNING ACADEMY CO-OP HOPE 7204023000 9780 PYRAMID COURT STE 100 ENGLEWOOD CO 80112 HEATHER OMARA FOUNDER & CEO 7204023000 2026-02-25 true Adam R Smith P00958966 7194714290 2026-05-15 2024 2025-03-06 01:10:19Z HEATHER OMARA 9780 PYRAMID COURT STE 100 ENGLEWOOD CO 80112 16974569 false X WWW.HOPEONLINE.ORG X 2004 CO HOPE ONLINE LEARNING ACADEMY CO-OP IS A PUBLIC CHARTER SCHOOL THAT PROVIDES COLORADO STUDENTS WITH A COMPREHENSIVE AND QUALITY 6-12 EDUCATION. 5 5 88 5 0 17321064 16951928 0 0 22331 5433 -3853 12148 17339542 16969509 0 0 0 0 5566576 6172691 0 0 0 12085372 11716944 17651948 17889635 -312406 -920126 4504912 3842233 14014703 11929632 -9509791 -8087399 HOPE Online Learning Academy Co-Op is a tuition-free public charter school serving students in grades 6-12 through a blended learning model. Combining online coursework with in-person instruction, HOPE offers a flexible, supportive, and engaging environment where students can thrive both academically and personally. Students attend a community-based learning site-either in person or virtually-throughout the week, rotating between online and classroom instruction. The curriculum is delivered primarily online, supported by both onsite and online educators. HOPE's learning culture is guided by its four pillars: Attend, Achieve, Affiliate, and Aspire. false false 15216883 0 0 HOPE IS A COLORADO PUBLIC CHARTER SCHOOL. DURING THE 2024-2025 SCHOOL YEAR, HOPE EDUCATED APPROXIMATELY 1,300 STUDENTS IN GRADES 6-12. 390386 0 0 HOPE OPERATES A SCHOOL BREAKFAST AND LUNCH PROGRAM SERVING STUDENTS IN MANY OF OUR LEARNING SITE LOCATIONS. 15607269 true true false true false false false false false false true false false true true false true true false 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 false false false true 37 0 true 88 true false false false false false false false false false false false false X 5 5 false false false false false false true true true false false false true true true true false true true true false false X X HEATHER OMARA 7204023000 9780 PYRAMID COURT 100 ENGLEWOOD CO 80112 BILL DE LA CRUZ CO-CHAIR 1.0 0.0 X X 0 0 0 KIM ROSSI CO-CHAIR 1.0 0.0 X X 0 0 0 KRISTINE TURNER VICE CHAIR 1.0 0.0 X X 0 0 0 JEFF VIGIL DIRECTOR 1.0 0.0 X 0 0 0 JERRY DEMMER DIRECTOR 1.0 0.0 X 0 0 0 HEATHER OMARA CEO 40.0 0.0 X 197317 0 36841 197317 0 36841 1 false true false BETA Learning Site 1045 West 6th St PUEBLO CO 80003 Learning Site 1011676 World Impact Academy 5155 East 64th Ave Commerce City CO 80022 Learning Site 798217 Titan Academy 1354 East Sherwood Dr Grand Junction CO 81501 Learning Site 592200 Alpha Learning Center 1025 West 6th St Pueblo CO 81003 Learning Site 565959 Boost Learning Center 8242 N Pecos St Denver CO 80221 Learning Site 529534 14 16930845 21083 16951928 0 0 0 0 0 10493 10493 0 0 5060 0 -5060 -5060 -5060 Miscellaneous Revenue 900099 12148 12148 0 0 0 0 12148 16969509 12148 0 5433 X 250935 250935 4243503 4209256 34247 917482 844742 72740 693258 661239 32019 67513 63119 4394 30786 30786 43037 43037 42500 42500 5790400 5688275 102125 0 174101 174101 196905 196905 182666 182666 989499 989499 97878 51543 46335 82825 82825 409901 409901 251510 249935 1575 69012 69012 CURRICULUM 2338561 2338561 OTHER SUPPORTING SERVICES 405153 293555 111598 SCHOOL LUNCH PROGRAM EXPENSE 390386 390386 OTHER INSTRUCTION EXPENSES 221824 141266 80558 0 0 0 0 17889635 15607269 2282366 0 981630 930821 465729 469804 39811 35767 140022 270392 0 0 0 0 0 0 0 0 678233 140608 884852 518694 564216 366158 0 0 0 0 0 1635271 1628683 4504912 3842233 716658 568003 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13298045 11361629 14014703 11929632 X -9975520 -9163304 465729 1075905 0 0 0 0 0 0 -9509791 -8087399 4504912 3842233 X -920126 2342518 X false true true false X 12554762 20900279 19202282 17312035 16951928 86921286 0 0 12554762 20900279 19202282 17312035 16951928 86921286 0 86921286 263 102 8609 22541 10493 42008 11585 11585 0 0 0 0 0 0 86974879 29226 0.99938 0.99950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 42500 false false 42500 false Schedule C, Part II-B, Line 1g DESCRIPTION OF LOBBYING ACTIVITIES: HOPE ONLINE LEARNING ACADEMY CO-OP CONTRACTS WITH TWO ORGANIZATIONS TO WORK WITH LEGISLATORS AND THEIR STAFF. DURING THE 24/25 FISCAL YEAR, THESE INDIVIDUALS WERE ONLY INVOLVED WITH MONITORING CURRENT CHANGES TO LEGISLATION, AND DID NOT ATTEMPT TO INFLUENCE ANY CURRENT LEGISLATIVE MATTER ON HOPE'S BEHALF. 7873 3149 4724 876979 515545 361434 366158 RIGHT-TO-USE ASSET 1556251 DEPOSITS 72432 1628683 Federal Income Taxes NET PENSION LIABILITY 9479373 LEASE LIABILITY 1808165 SUBSCRIPTION LIABILITY 32379 RESERVE FOR PUPIL COUNT AUDIT 41712 11361629 16974569 5060 5060 16969509 0 0 16969509 17581799 488462 488462 17093337 796298 796298 17889635 Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 LOSS ON DISPOSAL OF ASSETS - 5060 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 CAPITAL OUTLAY ON GOVERNMENTAL FUND REPORT, NOT ON 990 - 503608 LEASE LIABILITY EXPENSE - -15146 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements AMORTIZATION EXPENSE NOT REPORTED AS EXPENDITURE ON THE GOVERNMENTAL FUND REPORT - 466297 DEPRECIATION EXPENSE NOT REPORTED AS EXPENDITURE ON THE GOVERNMENTAL FUND REPORT - 251329 SUBSCRIPTION LIABILITY EXPENSE - -30931 CHANGE IN ACCRUED INTEREST - -3 Change in compensated absences - 109606 X X false false false false false false false false false HEATHER OMARA CEO 197317 0 0 0 0 0 21705 0 15136 0 234158 0 0 0 Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders DECISIONS SUBJECT TO APPROVAL: AS PART OF THE CONTRACT WITH DOUGLAS COUNTY SCHOOL DISTRICT (DCSD) THE BUDGET MUST BE SUBMITTED TO DCSD. DCSD APPROVES THE BUDGET AND INCLUDES IT IN THE RESOLUTION TO APPROVE THE ENTIRE DCSD BUDGET. Form 990, Part VI, Line 11b Review of form 990 by governing body PROCESS TO REVIEW THE FORM 990: HOPE'S FORM 990 IS PREPARED BY A THIRD PARTY AND REVIEWED IN DETAIL BY THE CEO AND FINANCE LEADER. IN ADDITION, A COPY OF THE FINAL FORM 990 IS REVIEWED IN A QUARTERLY BOARD MEETING PRIOR TO THE RETURN BEING FILED WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY: HOPE BOARD MEMBERS ARE REQUIRED TO FILL OUT AND SUBMIT A CONFLICTS DISCLOSURE STATEMENT TO THE HOPE OFFICE AND THE DOUGLAS COUNTY SCHOOL DISTRICT EACH YEAR BY SEPTEMBER 1ST FOR THE PRECEDING FISCAL YEAR. THESE STATEMENTS ARE REVIEWED BY THE CEO. IF ANY CONFLICTS OF INTEREST SHOULD ARISE, THE BOARD MEMBER IS REQUIRED TO FILE AN AMENDED STATEMENT WITHIN 30 DAYS. THE AMENDED STATEMENT WOULD BE REVIEWED BY MEMBERS OF THE BOARD AND A DETERMINATION WOULD BE MADE ON ANY REFUSAL. Form 990, Part VI, Line 15a Process to establish compensation of top management official REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION: COMPENSATION FOR THE CEO IS REVIEWED AND INCREASED ANNUALLY. COMPENSATION INCREASES ARE REVIEWED BY HOPE'S FINANCE LEADER AND ADMINISTRATION UTILIZING COMPENSATION SURVEYS. INCREASES ARE ALSO REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS THROUGH THEIR APPROVAL OF THE ANNUAL BUDGET. Form 990, Part VI, Line 15b Process to establish compensation of other employees REVIEW OF OTHER OFFICER OR KEY EMPLOYEES COMPENSATION: AN AVERAGE MERIT OF 4% WAS IMPLEMENTED ACROSS THE BOARD TO ACCOUNT FOR COST OF LIVING. COMPENSATION INCREASES WERE REVIEWED BY THE HUMAN RESOURCES GENERALIST AND CEO UTILIZING COMPENSATION SURVEYS AND COMPARATIVE CHARTER SCHOOL AND SCHOOL DISTRICT DATA. INCREASES ARE ALSO REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS THROUGH THEIR APPROVAL OF THE ANNUAL BUDGET. Form 990, Part VI, Line 19 Required documents available to the public HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC: THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. HOPE'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC VIA THE ORGANIZATION'S WEBSITE IN ACCORDANCE WITH THE PUBLIC SCHOOL TRANSPARENCY ACT FOR THE STATE OF COLORADO. Form 990, Part IX, Line 11g Other Fees Learning Site Services - Total Expense: 5688275, Program Service Expense: 5688275, Management and General Expenses: , Fundraising Expenses: ; OTHER CONSULTING - Total Expense: 102125, Program Service Expense: , Management and General Expenses: 102125, Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN PENSION LIABILITY DUE TO PROPORTIONATE SHARE OF NET PENSION LIABILITY - 1897241; CAPITAL OUTLAY ON GOVERNMENTAL FUND REPORT, NOT ON 990 - 445277; Total - 2342518;