New Hope Academy

Education organization based in Franklin, TN. 60 employees. Exempt under §501(c)(3).

MissionCHRIST-CENTERED SCHOOL EDUCATING CHILDREN OF DIVERSE RACIAL & SOCIOECONOMIC BACKGROUNDS BY ESTABLISHING A BIBLICAL WORLDVIEW AND PREPARING EACH CHILD TO FLOURISH ACADEMICALLY, EMOTIONALLY, SOCIALLY, AND SPIRITUALLY.

EIN
63-1172489
State
TN
Sector
Education
Budget band
$5M–$10M
Latest filing
TY 2023
Records
1 officers · 5 years

Financial snapshot · TY 2023

$5.9M
Total revenue
$4.8M
Total expenses
$7.5M
Net assets

Financial health · TY 2023

66
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
48
8.7 months of expenses
Program efficiency
67
76.6% spent on programs
Revenue diversity
100
Mix of program fees, grants & contributions

Leadership compensation

Dr Tonja Williams
HEAD OF SCHO
$131,400
29th percentile vs. peers

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New Hope Academy Executive Compensation | 990 Data | DoubleNine