Hope Academy 2 Inc
Only null% goes to programs Strong reserves Growing revenue
Hope Academy 2 Inc is a 501(c)(3) organization based in Homestead, Florida, registered in 2008, with $4,307,479 in FY2023 revenue. CharityIndex grades it C+.
1100 Old Dixie Hwy, Homestead, FL, 33030 EIN 26-1393612 Since 2008
Revenue (FY2023)
$4.3M
▲ 2.7% vs prior year
Education median: $200K
Expenses (FY2023)
$3.7M
Net assets
$3.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hope Academy 2 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +13% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hope Academy 2 Inc: 12 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hope Academy 2 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hope Academy 2 Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1100 Old Dixie Hwy, Homestead, FL, 33030
- City
- Homestead
- State
- Florida
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
Financial trends
Revenue grew from $2.5M (FY2015) to $4.3M (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $686KNet assets $3.6M
Operating margin
13.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.3M
Total liabilities
$686K
Net assets
$3.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,307,479▲2.7% | $3,738,964▲10.5% | $3,600,642▲52.1% | $4,286,663▲52.8% | 990 |
| 2021 | $4,192,680▲14.9% | $3,384,979▲8.9% | $2,367,298▲66.1% | $2,804,853▲27.9% | 990 |
| 2020 | $3,648,812▲13.6% | $3,108,794▼2.1% | $1,425,643▲62.4% | $2,193,668▲70.5% | 990 |
| 2019 | $3,211,106▲7.7% | $3,176,090▲14.3% | $877,915▲4.2% | $1,286,669▼67.4% | 990 |
| 2018 | $2,982,598▲4.7% | $2,777,905▲16.4% | $842,899▼47.4% | $3,941,825▲4.6% | 990 |
| 2017 | $2,847,759▲11.2% | $2,385,700▲4.8% | $1,602,715▲41.8% | $3,769,260▲12.1% | 990 |
| 2016 | $2,559,798▲3.9% | $2,275,961▲15.4% | $1,130,353▲92.7% | $3,362,428▲3.3% | 990 |
| 2015 | $2,462,692 | $1,972,579 | $586,649 | $3,253,641 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Hope Academy 2 Inc a legitimate nonprofit?
- Yes. Hope Academy 2 Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-1393612, based in Homestead, Florida. Donations are tax-deductible.
- What is Hope Academy 2 Inc's EIN?
- Hope Academy 2 Inc's Employer Identification Number (EIN) is 26-1393612.
- How much revenue does Hope Academy 2 Inc report?
- Hope Academy 2 Inc reported $4,307,479 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Hope Academy 2 Inc have?
- CharityIndex grades Hope Academy 2 Inc C+, based on financial health (reserves and operating margin).
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Data for Hope Academy 2 Inc (EIN 26-1393612) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.