Hopewell Development and Achievement Center EIN 20-1997113

Hopewell Development and Achievement Center

EIN  20-1997113 Public charity (501(c)(3)) Dallas, TX
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Nurtures children emotionally, physically, socially, and spiritually through education and faith.
Leadership
Michael Hubbard · President
Money in and out
$430K revenue, $407K expenses
Bottom line
98% program efficiency

Nurtures children emotionally, physically, socially, and spiritually through education and faith. For fiscal year 2025 it reported $430K in revenue, $407K in expenses, and $3K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$430K
Pt VIII · Ln 12
Total expenses
$407K
Pt IX · Ln 25
Net assets
$3K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $23K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
2.2mo
months of highly liquid reserves at operating expense rate▲ +47% vs prior filing year
Surplus margin
+5%
revenue over expenses, this year▲ +176% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$430K
FY2025▲ +12%
Expenses
$407K
FY2025▼ -1%
Total assets
$76K
FY2025▲ +43%
Total liabilities
$72K
FY2025▲ +4%
Total revenue
$430K
Pt VIII · Ln 12
Total expenses
$407K
Pt IX · Ln 25
Net assets
$3K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$23K
Total assetsPt X · Ln 16$76K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $399K of program spending, described in the organization's own filed words · FY2025.
01

We will place a great emphasis on the community that we are connected with, and we encourage any parent who has the desire for their child to experience doors of unlimited possibilities to become a part of what we believe will set an unprecedented standard for many years to come.

$399Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHopewell Development and Achievement Center
EINHdr · item D20-1997113
Principal addressHdr · item CDallas, TX
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B20)
Ruling yearIRS BMFMar 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
VP & Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$430K
— government grantsLn 1e$361K
Total revenueLn 12$430K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$399K
Management & general2%$8K
Total functional expensesLn 25$407K

Balance Sheet

Part X · end of year
CashLn 1$76K
Total assetsLn 16$76K
Total liabilitiesLn 26$72K
Total net assetsLn 32$3K
Months of cash on handcomputed2.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $76K · Operating expenses/yr $407K
2.2 months
Where the money goes
Program services
Program services $399K · Total expenses $407K
98%
Management & General
Management & general $8K · Total expenses $407K
2%
Fundraising
Fundraising $0 · Total expenses $407K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $150K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $430K · Total revenue $430K
100%
Government reliance
Government grants $361K · Total revenue $430K
84%
Earned-income share
Program service revenue $0 · Total revenue $430K
0%
Investment reliance
Investment income $0 · Total revenue $430K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $407K
0%
Growth & trend
Revenue growth (YoY)
This year $430K · Prior year $385K
+12%
Revenue CAGR
FY2021 $83K · FY2025 $430K
+51%
Net-asset trend (YoY)
End of year $3K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $430K · Expenses $407K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $76K
Net-asset ratio
Net assets $3K · Total assets $76K
4%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $76K
0%
People & payroll
Highest Reported Total Compensation
Individual Michael Hubbard · Reported title President · Highest reported compensation $0 · Total expenses $407K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $253K · Total expenses $407K
62%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Revenue growth 12%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$430K revenue · viewing · ⤓ 990 PDF
FY2024$385K revenue · ⤓ 990 PDF
FY2023$490K revenue · ⤓ 990 PDF
FY2022$440K revenue · ⤓ 990 PDF
FY2021$83K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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