Nonprofit · EIN 91-2101396
NEW HOPE ACADEMY
Tax-exempt · YARDLEY, PA 19067
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,310,794 | $5,261,706 | $49,088 | $2,144,865 | $1,049,946 | $1,094,919 |
| June 30, 2024 | 990 | $5,225,114 | $4,844,901 | $380,213 | $1,501,786 | $455,955 | $1,045,831 |
| June 30, 2023 | 990 | $5,018,500 | $4,593,620 | $424,880 | $1,059,449 | $393,831 | $665,618 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,681
- Program service revenue
- $5,307,937
- Investment income
- $0
- Other revenue
- $176
Expenses
- Grants and similar amounts paid
- $22,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $54,375
- Travel
- $2,177
- Depreciation
- $22,213
- Program services (functional)
- $4,531,577
- Management and general (functional)
- $730,129
Balance sheet and other
- Total assets, start of year
- $1,501,786
- Total assets, end of year
- $2,144,865
- Total liabilities, end of year
- $1,049,946
- Net assets, end of year
- $1,094,919
- Land, buildings and equipment
- $56,666
- Net assets without donor restrictions
- $1,084,291
- Net assets with donor restrictions
- $10,628
- Gross receipts
- $5,310,794
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2000
- State of legal domicile
- PA
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KATHLEEN ROSSO-GANA | EXECUTIVE DIRECTOR Officer | 20 | $0 | $211,528 | $2,550 |
| MICHELE CHAPMAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CATHLEEN HYLAND | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOHN LOEB | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MICHAEL MOELLER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| GLENN TECKER | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KATHLEEN ROSSO-GANA | EXECUTIVE DIRECTOR Officer | 20 | $0 | $200,901 | $1,667 |
| MICHELE CHAPMAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CATHLEEN HYLAND | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOHN LOEB | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MICHAEL MOELLER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| GLENN TECKER | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KATHLEEN ROSSO-GANA | EXECUTIVE DIRECTOR Officer | 20 | $0 | $200,006 | $1,930 |
| MICHELE CHAPMAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CATHLEEN HYLAND | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOHN LOEB | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MICHAEL MOELLER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| GLENN TECKER | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 301 OXFORD VALLEY RD STE 1701, YARDLEY, PA 19067-7711
- In care of
- % KATHLEEN ROSSO-GANA
- Principal officer (990 for 2024)
- KATHLEEN ROSSO GANA, 301 OXFORD VALLEY RD STE 1701, YARDLEY, PA 19067
- Signed the 990
- KATHLEEN ROSSO GANA, EXECUTIVE DIRECTOR
- Phone
- (215) 493-4200
- Website
- WWW.NEWHOPEACADEMY.NET
- Return prepared by
- DUNLAPSLK PC
Mission
TO PROVIDE INSTITUTIONAL EDUCATIONAL SERVICES TO PUPILS AS A NON-TRADITIONAL PRIVATE DAY SCHOOL, AN ALTERNATIVE SCHOOL, AND GENERAL PROVIDER OF EDUCATIONAL SERVICES AND SPECIAL EDUCATION NEEDS.
Program accomplishments
- PROVIDE NON-TRADITIONAL SECONDARY EDUCATION.Expenses $4,531,577 · grants $22,000 · revenue $5,308,113
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 91-2101396
- 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
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B25)
- Assets (IRS master file)
- $2,144,865
- Income (IRS master file)
- $5,310,794
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,310,794 | $5,261,706 | $2,144,865 | XML |
| 990 | June 2024 | $5,225,114 | $4,844,901 | $1,501,786 | IRS |
| 990 | June 2023 | $5,018,500 | $4,593,620 | $1,059,449 | XML |
| 990 | June 2022 | $4,123,267 | $4,406,285 | $648,818 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 91-2101396).
Questions about NEW HOPE ACADEMY
- What is the EIN of NEW HOPE ACADEMY?
- The employer identification number (EIN) of NEW HOPE ACADEMY is 91-2101396.
- Is NEW HOPE ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to NEW HOPE ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW HOPE ACADEMY 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 NEW HOPE ACADEMY 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 NEW HOPE ACADEMY 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 NEW HOPE ACADEMY?
- The 990 for the year ended June 30, 2025 names KATHLEEN ROSSO GANA.
- Who are the officers and directors of NEW HOPE ACADEMY?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does NEW HOPE ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,310,794, expenses of $5,261,706 and total assets of $2,144,865 at year end.
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