Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2001.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
93 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
18 people listed on the 990; $734K paid to officers and key staff (Part VII, Section A).
Jim Stigman’s $199K as Head of Adva is at the 36th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 7 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Jim Stigman | $198,734 | $181,490 | $168,729 | $156,652 | $118,436 | $122,760 |
| Russ Gregg | $142,582 | $138,994 | $114,044 | $97,961 | $91,933 | $83,353 |
| Nathan Ziegler | $108,992 | — | — | — | — | — |
| Gwen Smith | $86,515 | — | — | — | — | — |
| Jeremy Donaldson | $80,794 | $65,683 | — | — | — | — |
| Kelvin Simms | $67,135 | — | — | — | — | — |
| John Villas | $49,647 | $61,906 | $54,523 | $37,205 | $34,155 | $32,705 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Hope Academy INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Offers faith-based education to inner-city children.
Questions for Hope Academy INC
Your first name shows with your question. Hope Academy INC answers here, for everyone.
The school accepts students in all grades from kindergarten up to twelve. All expenses went toward providing a high quality, christ-centered education.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-1962874) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $8.4M | $15.5M |
| InvestmentsLn 11–13 | $3.0M | $3.5M |
| Land, buildings, equipmentLn 10c | $18.8M | $20.0M |
| Total assetsLn 16 | $38.2M | $46.9M |
| LiabilitiesLn 26 | $1.6M | $3.0M |
| Net assetsLn 32 | $36.6M | $43.9M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $10.1M | $10.1M | ||
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $546K | $469K | $34K | $43K |
| Other salaries and wagesLn 7 | $8.9M | $7.6M | $544K | $681K |
| Pension plan contributionsLn 8 | $230K | $195K | $15K | $19K |
| Other employee benefitsLn 9 | $743K | $631K | $50K | $62K |
| Payroll taxesLn 10 | $629K | $534K | $42K | $53K |
| Management feesLn 11a | $48K | $48K | ||
| Accounting feesLn 11c | $46K | $46K | ||
| Investment management feesLn 11f | $16K | $16K | ||
| Other fees for servicesLn 11g | $588K | $575K | $4K | $10K |
| Advertising and promotionLn 12 | $106K | $61K | $34K | $11K |
| Office expensesLn 13 | $129K | $109K | $9K | $11K |
| Information technologyLn 14 | $196K | $166K | $13K | $16K |
| OccupancyLn 16 | $621K | $605K | $8K | $8K |
| TravelLn 17 | $30K | $30K | ||
| Depreciation, depletion and amortizationLn 22 | $1.1M | $1.0M | $16K | $16K |
| InsuranceLn 23 | $144K | $139K | $2K | $3K |
| Other expenses (24a–d)Ln 24 | $717K | $709K | $3K | $5K |
| All other expensesLn 24e | $171K | $86K | $28K | $57K |
| Total functional expensesLn 25 | $24.9M | $23.1M | $863K | $995K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS Dec 15, 2025 | $32.1M | $24.9M | $7.2M | $43.9M | 990 PDF |
| FY2024Filed with the IRS Jan 28, 2025 | $31.8M | $37.1M | −$5.3M | $36.6M | 990 PDF |
| FY2023Filed with the IRS Dec 18, 2023 | $27.0M | $11.7M | $15.4M | $41.6M | 990 PDF |
| FY2022Filed with the IRS Jan 26, 2023 | $13.7M | $9.8M | $3.9M | $26.2M | 990 PDF |
| FY2021Filed with the IRS Dec 8, 2021 | $12.5M | $8.6M | $3.8M | $22.5M | 990 PDF |
| FY2020Filed with the IRS Jan 30, 2021 | $9.5M | $7.6M | $1.9M | $18.6M | 990 PDF |
Schedules filed Part IV
See the full FY2025 990
Part I · Summary $32,111,922 revenue, 12 lines filed
Part VI · Governance 11 of 13 board members independent, 1 to look at
Part VIII · Statement of revenue $32,111,922 across 11 lines filed
Part IX · Statement of functional expenses $24,944,149 across 19 lines filed
Part X · Balance sheet $46,908,680 assets, 17 lines filed
Part XI · Reconciliation of net assets $43,941,824 net assets at year end
Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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