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Filing year 2023

HOPE ACADEMY CHARTER SCHOOL

Asbury Park, New Jersey·EIN 22-3785563·NTEE B29 · Education·501(c)(3)
Total revenue
$6.9M
Total assets
$11.7M
Total expenses
$5.7M
Reported officers
9
Mission

The mission of Hope Academy Charter School is as follows: the production of intelligent, competent, compassionate and community-minded citizens, who will teach others to be, to know, and to do like wise. The educational philosophy is embedded in our Core Values. Hard Work Open and Honest communications Personal Commitment Excellence We at Hope Academy believe that FAILURE IS NOT AN OPTION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in New Jersey.

Superintendent
Unclassified
$218k
$245k
Base
$218k
Bonus
Other
Benefits
Business Admin
Board Member
75th to 90th percentile
$121k
$136k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at HOPE ACADEMY CHARTER SCHOOL equaled 4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
4%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 2%
from 2022

From $223k in 2022 to $218k in 2023.

$223k
2022
$218k
2023
In today's dollarsEst.
Down 6% in real terms$260k to $245k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about HOPE ACADEMY CHARTER SCHOOL

What does the Board Member of HOPE ACADEMY CHARTER SCHOOL earn?

In 2023, the Board Member of HOPE ACADEMY CHARTER SCHOOL received $121,034 in total compensation. This pay is in the top quarter for Board Member roles among Education organizations in New Jersey, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at HOPE ACADEMY CHARTER SCHOOL compare with similar nonprofits?

Compared with the same role at Education organizations in New Jersey, the 2023 pay of the Board Member at HOPE ACADEMY CHARTER SCHOOL falls between the 75th and 90th percentiles. In 2023, the highest total compensation at HOPE ACADEMY CHARTER SCHOOL equaled 4% of the organization's total expenses. The median for education organizations is 7%.

What are HOPE ACADEMY CHARTER SCHOOL's revenue and expenses?

In 2023, HOPE ACADEMY CHARTER SCHOOL reported $6.9M in total revenue and $5.7M in total expenses on its IRS Form 990.

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