Hope Leadership Academy Charter School is located in Kansas City, MO. The organization was established in 2010. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Hope Leadership Academy Charter School employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Leadership Academy Charter School 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 06/2022, Hope Leadership Academy Charter School generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $1.7m during the year ending 06/2022. While expenses have increased by 2.3% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOPE LEADERSHIP ACADEMY OPERATES A CHARTER SCHOOL WHICH SERVES APPROXIMATELY 100 CHILDREN GRADES K-4.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOPE LEADERSHIP ACADEMY IS A CHARTER SCHOOL IN KANSAS CITY, MISSOURI SERVING CHILDREN IN THE SURROUNDING NEIGHBORHOODS. THE SCHOOL OPENED IN THE FALL OF 2011 AS A K-2 SCHOOL AND CURRENTLY SERVES CHILDREN GRADES K-4. THE ACADEMY TAKES PRIDE IN QUALITY INSTRUCTION, A STRONG FINE ARTS PROGRAM, BUILDING RELATIONSHIPS WITH THEIR STUDENTS AND FAMILIES AS WELL AS COMMUNITY PARTNERSHIPS.THE SCHOOL SERVED 118 CHILDREN GRADES K-4 FOR THE YEAR ENDED JUNE 30, 2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Rodney Smith Board President | OfficerTrustee | 1 | $0 |
Clarke Smith Board Vice President/secretary | OfficerTrustee | 1 | $0 |
Franco Olivier Board Treasurer | Trustee | 1 | $0 |
Jake Latta Director | Trustee | 1 | $0 |
Heather Whalen Director | Trustee | 1 | $0 |
Robert Milner Executive Director-Princip | Officer | 40 | $93,127 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,693,760 |
All other contributions, gifts, grants, and similar amounts not included above | $7,827 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,701,587 |
Total Program Service Revenue | $0 |
Investment income | $109 |
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 | $1,818,292 |
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. | $113,276 |
Compensation of current officers, directors, key employees. | $27,449 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $832,505 |
Pension plan accruals and contributions | $86,437 |
Other employee benefits | $98,479 |
Payroll taxes | $69,092 |
Fees for services: Management | $0 |
Fees for services: Legal | $92 |
Fees for services: Accounting | $9,816 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $566 |
Office expenses | $18,369 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $95,992 |
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 | $0 |
Insurance | $13,460 |
All other expenses | $34,975 |
Total functional expenses | $1,748,324 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $377,420 |
Savings and temporary cash investments | $217,294 |
Pledges and grants receivable | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $594,714 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Net assets without donor restrictions | $594,714 |
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 | $594,714 |