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Filing year 2024

HOPE ACADEMY INC

Minneapolis, Minnesota·EIN 41-1962874·NTEE B24 · Education·501(c)(3)
Total revenue
$32.1M
Total assets
$46.9M
Total expenses
$24.9M
Reported officers
18
Mission

THE ORGANIZATION OPERATES A K-12 SCHOOL IN URBAN MINNEAPOLIS WHICH PROVIDES A CLASSICAL CHRISTIAN EDUCATION, WITH A GOAL OF FOSTERING HOPE IN GOD WITHIN THE INNER-CITY NEIGHBORHOODS OF MINNEAPOLIS BY PROVIDING YOUTH WITH A REMARKABLE GOD-CENTERED EDUCATION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

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

Head of Adva
Highest Compensated Employee
75th to 90th percentile
$215k
$229k
Base
$159k
Bonus
$40k
Other
Benefits
$10k
Head of Scho
Officer (Unspecified)
$155k
$166k
Base
$143k
Bonus
Other
Benefits
$7k
Chief Academ
Highest Compensated Employee
10th to 25th percentile
$123k
$131k
Head of Fina
Officer (Unspecified)
$99k
$106k
Director of
Director (Operational)
25th percentile to median
$94k
$100k
Assoc Head O
Board Member
75th to 90th percentile
$77k
$82k
COO
10th to 25th percentilevs Education peers nationwide
$61k
$65k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at HOPE ACADEMY INC equaled 0.9% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
0.9%
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.

Up 14%
from 2023

From $189k in 2023 to $215k in 2024.

$189k
2023
$215k
2024
In today's dollarsEst.
Up 11% in real terms$206k to $229k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 14% from 2023 to 2024, while revenue rose 1%.

$189k in 2023 to $215k in 2024.
  • Director (Operational) pay rose 20% from 2023 to 2024.
  • Chief Operating Officer pay fell 16% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 INC

What does the Highest Compensated Employee of HOPE ACADEMY INC earn?

In 2024, the Highest Compensated Employee of HOPE ACADEMY INC received $214,583 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among Education organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at HOPE ACADEMY INC compare with similar nonprofits?

Compared with the same role at Education organizations in Minnesota, the 2024 pay of the Highest Compensated Employee at HOPE ACADEMY INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at HOPE ACADEMY INC equaled 0.9% of the organization's total expenses. The median for education organizations is 7%.

What are HOPE ACADEMY INC's revenue and expenses?

In 2024, HOPE ACADEMY INC reported $32.1M in total revenue and $24.9M in total expenses on its IRS Form 990.

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