Hope Academy Northwest Campus

Hope Academy Northwest Campus shows revenue growth but carries significant liabilities.

EIN: 201310790 · Fairlawn, OH · NTEE: B29 · Updated: 2026-03-28

$5.1MRevenue
$2.7MAssets
70/100Mission Score (Good)
B29

About Hope Academy Northwest Campus

Hope Academy Northwest Campus (EIN: 201310790) is a nonprofit organization based in Fairlawn, OH, classified under NTEE code B29. The organization reported total revenue of $5.1M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Academy Northwest Campus's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Hope Academy Northwest Campus demonstrates a consistent pattern of growth in revenue and assets over the past several years, indicating a stable financial trajectory. For instance, revenue increased from $2,685,203 in 2021 to $3,803,136 in 2023, and assets grew from $1,226,031 to $1,884,020 in the same period. The organization consistently spends less than its revenue, leading to an accumulation of assets. However, a significant concern is the high level of liabilities, which have consistently exceeded assets in most recent years, peaking at $3,614,365 in 2017 and still standing at $2,230,328 in 2023, compared to assets of $1,884,020. This indicates a reliance on debt or other obligations that could impact long-term financial stability. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent positive difference between revenue and expenses suggests prudent management of operational costs. The absence of reported officer compensation is a positive indicator for transparency and efficient use of funds, as it suggests that leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, which is unusual for an organization of this size. Further detail on the nature of the liabilities would enhance transparency. Overall, while the organization shows strong revenue growth and asset accumulation, the persistent high liabilities warrant closer examination. The lack of officer compensation is a notable positive for resource allocation, but a more granular breakdown of expenses would provide a clearer picture of spending efficiency. The organization's financial health appears to be improving, but the liability structure remains a key area for potential concern.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hope Academy Northwest Campus with a Mission Score of 70 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

According to IRS 990 filings, Hope Academy Northwest Campus 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

The organization reports 0% officer compensation across all available filings, which is highly unusual for an entity with revenues exceeding $3 million. This suggests either a fully volunteer leadership or compensation structured in a way not reported as officer compensation on the 990, which could impact transparency.

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 Northwest Campus's IRS 990 filings:

Strengths

The following positive indicators were identified for Hope Academy Northwest Campus:

Frequently Asked Questions about Hope Academy Northwest Campus

What is the nature of Hope Academy Northwest Campus's significant liabilities?

The IRS 990 filings consistently show liabilities exceeding assets, for example, $2,230,328 in liabilities versus $1,884,020 in assets in 2023. Understanding the composition of these liabilities (e.g., mortgages, program-related debt, lines of credit) is crucial for a complete financial assessment.

How does Hope Academy Northwest Campus manage to operate without reported officer compensation?

The consistent reporting of 0% officer compensation is highly unusual for an organization of this size and revenue. It raises questions about how leadership is compensated or if it is entirely volunteer-based, which would be a significant strength in terms of resource allocation.

What is the detailed breakdown of program, administrative, and fundraising expenses?

While the filings show total expenses, a detailed breakdown is necessary to fully assess spending efficiency and ensure a high percentage of funds are directed towards program services, which is a key indicator of a well-run nonprofit.

Filing History

IRS 990 filing history for Hope Academy Northwest Campus showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Hope Academy Northwest Campus's revenue has declined by 10.8%, moving from $4.3M to $3.8M. Total assets increased by 255.8% over the same period, from $529K to $1.9M. Total functional expenses fell by 18.1%, from $4.3M to $3.5M. In its most recent filing year (2023), Hope Academy Northwest Campus reported a surplus of $310K, with revenue exceeding expenses. The organization holds $2.2M in liabilities against $1.9M in assets (debt-to-asset ratio: 118.4%), resulting in net assets of $-346,308.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $3.8M $3.5M $1.9M $2.2M
2022 $3.3M $2.9M $1.6M $2.3M View 990
2021 $2.7M $2.5M $1.2M $2.4M View 990
2020 $2.6M $2.3M $972K $2.3M View 990
2019 $2.5M $1.9M $945K $2.5M View 990
2018 $2.5M $1.4M $929K $3.0M View 990
2017 $2.7M $2.5M $907K $3.6M View 990
2016 $2.7M $2.7M $695K $3.6M View 990
2015 $2.7M $2.6M $587K $3.6M View 990
2014 $2.9M $2.9M $350K $41K View 990
2013 $3.8M $3.8M $479K $184K View 990
2012 $4.1M $4.1M $609K $313K View 990
2011 $4.3M $4.3M $529K $253K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Hope Academy Northwest Campus 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.

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