Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2014.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
86 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
14 people listed on the 990; $172K paid to officers and key staff.
Nerise Beckford Holy’s $102K as Head of School is at the 33rd percentile of top reported officer pay among 3395 $1–10M 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 · 5 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Nerise Beckford Holy | $102,021 | $111,800 | $116,023 | — | — | — |
| Rebecca Czernicki | — | — | — | $114,393 | $105,485 | $90,865 |
| Francisco Ramirez | $89,212 | $83,578 | $84,335 | $89,978 | $75,346 | — |
| Tom Conlon | — | — | — | — | $71,967 | $66,690 |
| Margaret Knowlton | — | — | — | — | $14,000 | $14,000 |
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.
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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
Educates students for academic and social success, preparing them for future challenges.
Questions for The Hope Academy
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Charter school educational services the hope academy's primary service is to provide public education to residents of providence and north providence. Admission is based on a lottery system and tuitions are billed to the CITY/TOWN in which the student resides.
School food service fund the hope academy provides breakfast & lunch for its students. Fees are assessed based on income level. Revenues also come from federal programs.
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $697K | $1.3M |
| Total assetsLn 16 | $872K | $1.4M |
| LiabilitiesLn 26 | $198K | $586K |
| Net assetsLn 32 | $674K | $840K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $257K | $0 | $257K | $0 |
| Other salaries and wagesLn 7 | $1.5M | $1.5M | $0 | $0 |
| Other employee benefitsLn 9 | $294K | $271K | $23K | $0 |
| Payroll taxesLn 10 | $127K | $108K | $19K | $0 |
| Management feesLn 11a | $32K | $0 | $32K | $0 |
| Legal feesLn 11b | $138 | $0 | $138 | $0 |
| Accounting feesLn 11c | $72K | $0 | $72K | $0 |
| Other fees for servicesLn 11g | $307K | $294K | $13K | $0 |
| Advertising and promotionLn 12 | $780 | $0 | $780 | $0 |
| Information technologyLn 14 | $41K | $35K | $6K | $0 |
| OccupancyLn 16 | $650K | $614K | $36K | $0 |
| TravelLn 17 | $341 | $341 | $0 | $0 |
| Conferences, conventions and meetingsLn 19 | $6K | $6K | $0 | $0 |
| InsuranceLn 23 | $15K | $0 | $15K | $0 |
| Other expenses (24a–d)Ln 24 | $102K | $102K | $0 | $0 |
| All other expensesLn 24e | $14K | $9K | $6K | $0 |
| Total functional expensesLn 25 | $3.4M | $2.9M | $479K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $6.7M | $7.1M | −$393K | $1.8M | 990 PDF |
| FY2024 | $6.6M | $6.4M | $148K | $2.2M | 990 PDF |
| FY2023 | $6.4M | $5.7M | $636K | $2.1M | 990 PDF |
| FY2022 | $5.1M | $5.0M | $186K | $1.5M | 990 PDF |
| FY2021 | $4.6M | $4.2M | $441K | $1.3M | 990 PDF |
| FY2020 Viewing | $3.5M | $3.4M | $167K | $840K | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $3,549,017 revenue, 12 lines filed
Part VI · Governance 11 of 11 board members independent, no flags
Part VIII · Statement of revenue $3,549,017 across 6 lines filed
Part IX · Statement of functional expenses $3,382,342 across 16 lines filed
Part X · Balance sheet $1,425,949 assets, 13 lines filed
Part XI · Reconciliation of net assets $840,303 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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