Hope Academy Emp
Hope Academy Emp shows fluctuating revenue and occasional deficits, with no reported officer compensation.
EIN: 202464652 · Tulsa, OK · NTEE: B20 · Updated: 2026-03-28
Is Hope Academy Emp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hope Academy Emp directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hope Academy Emp
Hope Academy Emp (EIN: 202464652) is a nonprofit organization based in Tulsa, OK, classified under NTEE code B20. The organization reported total revenue of $188K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Academy Emp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hope Academy Emp with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Hope Academy Emp allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Hope Academy Emp consistently reports 0% officer compensation across all 8 filings, including the latest period with $188,021 in revenue. This indicates that executive leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation on the 990, suggesting a very lean approach to executive overhead relative to the organization's size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Hope Academy Emp's IRS 990 filings:
- Expenses exceeded revenue in multiple periods (e.g., 2019, 2013, 2012, 2011), indicating potential operational deficits.
- Relatively low asset base ($33,629 in 2019) compared to annual expenses, suggesting limited financial reserves.
Strengths
The following positive indicators were identified for Hope Academy Emp:
- Consistent filing of IRS 990 forms over 8 periods demonstrates good transparency.
- Zero reported liabilities in recent years (2015-2019) indicates responsible debt management.
- 0% officer compensation reported across all filings suggests a highly cost-efficient leadership structure.
Frequently Asked Questions about Hope Academy Emp
Is Hope Academy Emp a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope Academy Emp (EIN: 202464652) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Hope Academy Emp spend its money?
Hope Academy Emp directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hope Academy Emp tax-deductible?
Hope Academy Emp is registered as a tax-exempt nonprofit (EIN: 202464652). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hope Academy Emp cover its expenses when they exceed revenue, such as in 2019 ($210,477 expenses vs. $188,021 revenue)?
The organization likely utilizes accumulated reserves from prior profitable years (e.g., 2018 where revenue was $164,980 and expenses were $130,627) or receives non-cash contributions or grants not fully reflected in the revenue figures to cover these deficits.
What is the nature of the 0% officer compensation reported across all filings?
This could mean that the organization's leadership is entirely volunteer-based, or that compensation is paid through a related entity, or that the individuals serving as officers are compensated as regular employees rather than officers, which would not appear in this specific line item on the 990.
What is the organization's strategy for managing its fluctuating revenue and ensuring long-term financial stability?
Given the variations in annual revenue, the organization would benefit from diversifying its funding sources and potentially developing a more robust fundraising strategy to mitigate reliance on inconsistent income streams and build a stronger financial cushion.
Filing History
IRS 990 filing history for Hope Academy Emp showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2019), Hope Academy Emp's revenue has grown by 56.8%, moving from $120K to $188K. Total assets decreased by 34.2% over the same period, from $51K to $34K. Total functional expenses rose by 74.8%, from $120K to $210K. In its most recent filing year (2019), Hope Academy Emp reported a deficit of $22K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2019 | $188K | $210K | $34K | $0 | — | View 990 |
| 2018 | $165K | $131K | $47K | $0 | — | View 990 |
| 2016 | $86K | $86K | $33K | $0 | — | View 990 |
| 2015 | $79K | $77K | $4K | $0 | — | View 990 |
| 2014 | $138K | $134K | $5K | $3K | — | View 990 |
| 2013 | $83K | $92K | $12K | $13K | — | View 990 |
| 2012 | $97K | $127K | $20K | $11K | — | View 990 |
| 2011 | $120K | $120K | $51K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $188K, expenses of $210K, and assets of $34K (revenue +14.0% year-over-year).
- 2018: Revenue of $165K, expenses of $131K, and assets of $47K (revenue +91.0% year-over-year).
- 2016: Revenue of $86K, expenses of $86K, and assets of $33K (revenue +9.9% year-over-year).
- 2015: Revenue of $79K, expenses of $77K, and assets of $4K (revenue -42.9% year-over-year).
- 2014: Revenue of $138K, expenses of $134K, and assets of $5K (revenue +66.9% year-over-year).
- 2013: Revenue of $83K, expenses of $92K, and assets of $12K (revenue -14.8% year-over-year).
- 2012: Revenue of $97K, expenses of $127K, and assets of $20K (revenue -19.2% year-over-year).
- 2011: Revenue of $120K, expenses of $120K, and assets of $51K.
Data Sources and Methodology
This transparency report for Hope Academy Emp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.