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
90 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
12 people listed on the 990; $292K paid to officers and key staff.
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. Student performance has been very good and many students are testing at or above their current grade level.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $4.4M | $5.5M |
| InvestmentsLn 11–13 | $2.4M | $3.9M |
| Land, buildings, equipmentLn 10c | $13.3M | $13.9M |
| Total assetsLn 16 | $22.8M | $26.6M |
| LiabilitiesLn 26 | $267K | $335K |
| Net assetsLn 32 | $22.5M | $26.2M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $3K | $3K | ||
| Pay of current officers, directors and key staffLn 5 | $324K | $82K | $147K | $95K |
| Other salaries and wagesLn 7 | $5.9M | $5.5M | $144K | $312K |
| Other employee benefitsLn 9 | $853K | $758K | $39K | $56K |
| Payroll taxesLn 10 | $397K | $341K | $24K | $32K |
| Management feesLn 11a | $27K | $27K | $275 | $275 |
| Accounting feesLn 11c | $12K | $12K | ||
| Other fees for servicesLn 11g | $31K | $29K | $970 | $1K |
| Advertising and promotionLn 12 | $41K | $32K | $9K | |
| Office expensesLn 13 | $101K | $89K | $5K | $7K |
| Information technologyLn 14 | $177K | $173K | $2K | $2K |
| Depreciation, depletion and amortizationLn 22 | $627K | $614K | $6K | $6K |
| InsuranceLn 23 | $54K | $52K | $809 | $944 |
| Other expenses (24a–d)Ln 24 | $909K | $897K | $6K | $7K |
| All other expensesLn 24e | $336K | $301K | $9K | $26K |
| Total functional expensesLn 25 | $9.8M | $8.9M | $395K | $554K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled 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 |
| FY2022 ViewingFiled 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 FY2022 990 (6 parts)
Part I · Summary $13,659,656 revenue, 12 lines filed
Part VI · Governance 9 of 10 board members independent, 1 to look at
Part VIII · Statement of revenue $13,659,656 across 10 lines filed
Part IX · Statement of functional expenses $9,799,766 across 15 lines filed
Part X · Balance sheet $26,555,934 assets, 16 lines filed
Part XI · Reconciliation of net assets $26,221,103 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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