CSCharityScored
77

New Hope Academy

Education · Franklin, Tennessee

1820 Downs Blvd, Franklin, TN 37064-6859

EIN: 631172489· Founded: Nov 1996· 30 years active· Filing Year: 2023

Annual Revenue

$5.2M

Total Expenses

$4.7M

Total Assets

$5.0M

Program Spending

67%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$138K

2.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.7M

Total Payroll

$1.9M

40% of total expenses

Where the Money Goes

67%
Programs: 67%
Payroll: 40%
Other overhead: 33%
Program Revenue$3.2M (61%)
Total Expenses$4.7M (91%)
Payroll$1.9M (40%)
Overhead (non-program)33%

Trust Score Breakdown

Program Spending Ratio

67% of expenses go to programs

40%

Revenue & Stability

$5.2M annual revenue

15%

Executive Compensation

$138K total officer comp (2.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$5.0M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.