New Hope Academy

Organization Overview

New Hope Academy is located in Lehi, UT. The organization was established in 2013. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 12/2022, New Hope Academy employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hope 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 12/2022, New Hope Academy generated $503.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $534.8k during the year ending 12/2022. While expenses have increased by 8.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

NEW HOPE ACADEMY IS A PRIVATE SCHOOL SET UP SPECIFICALLY TO MEET THE NEEDS OF CHALLENGING KIDS. THE MAJORITY OF OUR STUDENTS HAVE BEEN DIAGNOSED WITH REACTIVE ATTACHMENT DISORDER (RAD). THE GOAL OF NEW HOPE ACADEMY IS TO CREATE A CONSISTENT AND SAFE ENVIRONMENT THAT ALLOWS A CHILD TO HAVE THE BEST OPPORTUNITY TO GAIN THE SKILLS NECESSARY TO BE A CONTRIBUTING MEMBER TO THEIR FAMILY, TO LEARN AND TO HAVE A POSITIVE IMPACT ON SOCIETY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NEW HOPE ACADEMY IS A PRIVATE SCHOOL SET UP SPECIFICALLY TO MEET THE NEEDS OF CHALLENGING KIDS. THE MAJORITY OF OUR STUDENTS HAVE BEEN DIAGNOSED WITH REACTIVE ATTACHMENT DISORDER (RAD). THE GOAL OF NEW HOPE ACADEMY IS TO CREATE A CONSISTENT AND SAFE ENVIRONMENT THAT ALLOWS A CHILD TO HAVE THE BEST OPPORTUNITY TO GAIN THE SKILLS NECESSARY TO BE A CONTRIBUTING MEMBER TO THEIR FAMILY, TO LEARN AND TO HAVE A POSITIVE IMPACT ON SOCIETY.


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Board, Officers & Key Employees

Name (title)Compensation
Lauralee Norton
Executive Di
$119,805
Kasey Harmer
Executive Di
$111,745
Jason Devereaux
Board Member
$26,634

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$503,775
Investment income $7
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 $503,782

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