St Hope Leadership Academy
- Assets
- $5.6m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 67
- Location
- New York, NY
- Founding
- 04/2009
- Data as of
- 06/2023
- EIN
- 26-1868368
Organization Overview
St Hope Leadership Academy is located in New York, NY. The organization was established in 2009. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, St Hope Leadership Academy employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Hope Leadership Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, St Hope Leadership Academy generated $5.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $5.8m during the year ending 06/2023. While expenses have increased by 1.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF ST. HOPE LEADERSHIP ACADEMY CHARTERED SCHOOL IS TO EDUCATE SELF MOLTIVATED, PRODUCTIVE, AND CRITICALLY THINKING LEADERS (SEE SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL FEATURES A RIGOROUS, STANDARDS-BASED COLLEGE PREPARATORY CURRICULUM, INTENSIVE INTERVENTIONS FOR STUDENTS WHO ARE PERFORMING BELOW GRADE LEVEL, AN EXTENDED INSTRUCTIONAL DAY AND YEAR, A DEFINED CHARACTER DEVELOPMENT PROGRAM, AND EXTENSIVE LEADERSHIP DEVELOPMENT AND COMMUNITY SERVICE OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meghann Persenaire Head Of School | Officer | 40 | $209,291 |
Kathy Marseille Director Of Scholar Support | 40 | $117,313 | |
Yamel Gonzalez Director Of Operations | 40 | $107,738 | |
Vivian Lee Business Manager | 40 | $109,469 | |
Sara Wlazelek Instructional Coach | 40 | $102,274 | |
Joshua Greenspan Instructional Coach | 40 | $105,151 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Charter School Business Management Financial Services | 6/29/22 | $100,776 |
Bioreference Laboratories Inc Lab Test | 6/29/22 | $184,552 |
North Star Marketing Marketing | 6/29/22 | $108,022 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $58,235 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,235 |
| Total Program Service Revenue | $5,822,632 |
| Investment income | $63,121 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,943,988 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $235,351 |
| Compensation of current officers, directors, key employees. | $27,097 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,325,114 |
| Pension plan accruals and contributions | $142,769 |
| Other employee benefits | $408,388 |
| Payroll taxes | $275,199 |
| Fees for services: Management | $121,000 |
| Fees for services: Legal | $382 |
| Fees for services: Accounting | $41,331 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $117,251 |
| Advertising and promotion | $30,969 |
| Office expenses | $145,041 |
| Information technology | $237,816 |
| Royalties | $0 |
| Occupancy | $6,946 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $151,111 |
| Insurance | $59,698 |
| All other expenses | $3,242 |
| Total functional expenses | $5,848,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $634,964 |
| Savings and temporary cash investments | $75,398 |
| Pledges and grants receivable | $1,383,355 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $115,130 |
| Net Land, buildings, and equipment | $470,897 |
| Investments—publicly traded securities | $2,811,668 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $109,519 |
| Total assets | $5,600,931 |
| Accounts payable and accrued expenses | $557,951 |
| Grants payable | $0 |
| Deferred revenue | $2,184 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $560,135 |
| Net assets without donor restrictions | $5,040,796 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,600,931 |