Skip to main content

Nonprofit · EIN 45-2256402

HOPE ACADEMY OF CHARLOTTE

Also known as HOPE ACADEMY

Tax-exempt · CONCORD, NC 28027

Financials

$2.4M$2.5M2023$3.4M$2.5M2024
Revenue Expenses · by fiscal year end
Financials of HOPE ACADEMY OF CHARLOTTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,444,126$2,548,645$895,481$5,972,577$1,660,709$4,311,868
June 30, 2024990$2,360,404$2,465,568-$105,164$5,058,999$1,642,612$3,416,387
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,018,787
Program service revenue
$2,058,413
Investment income
$0
Other revenue
$366,926

Expenses

Grants and similar amounts paid
$277,913
Compensation of officers, directors and key employees
$114,497
Other salaries and wages
$1,180,824
Salaries, compensation and benefits (total)
$1,401,954
Professional fundraising fees
$0
Occupancy
$137,315
Travel
$3,916
Depreciation
$140,959
Program services (functional)
$2,325,759
Management and general (functional)
$166,763
Fundraising (functional)
$56,123

Balance sheet and other

Total assets, start of year
$5,058,999
Total assets, end of year
$5,972,577
Total liabilities, end of year
$1,660,709
Net assets, end of year
$4,311,868
Land, buildings and equipment
$2,802,334
Gross receipts
$3,444,126
Employees
67
Volunteers
115
Year formed
2011
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
Courtney ElliottHead of School
Trustee or director
40$114,497$0
John CooperTreasurer
Trustee or director
4$0$1,800
Anne RoeDirector
Trustee or director, Officer
6$0$0
Paul ElliottPresident
Trustee or director, Officer
4$0$0
Matt DiamondVice President
Trustee or director, Officer
6$0$0
Ginger KellyDirector
Trustee or director
4$0$0
Reid JohnsonDirector
Trustee or director
4$0$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
Courtney ElliottHead of School
Trustee or director
40$90,937
Anne RoeSecretary
Trustee or director, Officer
4$0
James RoeDirector
Trustee or director
1$0
Paul ElliottPresident
Trustee or director, Officer
3$0
Matt DiamondTreasurer
Trustee or director, Officer
4$0
Ginger KellyDirector
Trustee or director
4$0
Reid JohnsonDirector
Trustee or director
2$0
Brian DandeneauDirector
Trustee or director
4$0
John CooperDirector
Trustee or director
2$0

Address and contacts

Address (IRS master file)
7655 BRUTON SMITH BLVD, CONCORD, NC 28027-0148
Principal officer (990 for 2024)
Paul Elliott, 7655 Bruton Smith Blvd, Concord, NC 28027
Signed the 990
Paul Elliott, Board of Directors
Phone
(704) 999-2436
Return prepared by
The Excelon Group LLC

Mission

Christ-centered, college preparatory, academic program.

990 for the year ended June 30, 2025

Program accomplishments

  • HOPE Academy students courageously develop their Christ-like identity, cultivate their unique gifts, and engage as active learners within an authentic community. During this reporting period, 278 students benefited.
    Expenses $2,325,759 · revenue $2,425,339

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
45-2256402
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B24)
Assets (IRS master file)
$5,972,577
Income (IRS master file)
$3,444,126

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,444,126$2,548,645$5,972,577IRS
990June 2024$2,360,404$2,465,568$5,058,999XML
990June 2023$3,174,221$1,985,083$5,002,329IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-2256402).

Questions about HOPE ACADEMY OF CHARLOTTE

What is the EIN of HOPE ACADEMY OF CHARLOTTE?
The employer identification number (EIN) of HOPE ACADEMY OF CHARLOTTE is 45-2256402.
Is HOPE ACADEMY OF CHARLOTTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to HOPE ACADEMY OF CHARLOTTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOPE ACADEMY OF CHARLOTTE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HOPE ACADEMY OF CHARLOTTE due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOPE ACADEMY OF CHARLOTTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of HOPE ACADEMY OF CHARLOTTE?
The 990 for the year ended June 30, 2025 names Paul Elliott.
Who are the officers and directors of HOPE ACADEMY OF CHARLOTTE?
The 990 for the year ended June 30, 2025 lists 7 people; 1 received compensation from the organization, the highest $114,497 (Courtney Elliott, Head of School).
How much revenue does HOPE ACADEMY OF CHARLOTTE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,444,126, expenses of $2,548,645 and total assets of $5,972,577 at year end.

Other nonprofits in CONCORD

All nonprofits in CONCORD · North Carolina · Education