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Filing year 2024

NEW HOPE ACADEMY

Lehi, Utah·EIN 46-1597279·NTEE B28 · Education·501(c)(3)
Total revenue
$581k
Total assets
$173k
Total expenses
$580k
Reported officers
3

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

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

Executive Director
Median to 75th percentile
$101k
$108k
Executive Director
Median to 75th percentile
$101k
$108k
Board Member
25th percentile to medianvs Education peers nationwide
$24k
$26k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NEW HOPE ACADEMY equaled 17% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
17%
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 18%
from 2023

From $123k in 2023 to $101k in 2024.

$123k
2023
$101k
2024
In today's dollarsEst.
Down 20% in real terms$135k to $108k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 18% from 2023 to 2024, while revenue rose 10%.

$123k in 2023 to $101k in 2024.
  • Board Member pay fell 9% 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 NEW HOPE ACADEMY

What does the Chief Executive Officer of NEW HOPE ACADEMY earn?

In 2024, the Chief Executive Officer of NEW HOPE ACADEMY received $101,230 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Utah, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEW HOPE ACADEMY compare with similar nonprofits?

Compared with the same role at Education organizations in Utah, the 2024 pay of the Chief Executive Officer at NEW HOPE ACADEMY falls between the median and the 75th percentile. In 2024, the highest total compensation at NEW HOPE ACADEMY equaled 17% of the organization's total expenses. The median for education organizations is 7%.

What are NEW HOPE ACADEMY's revenue and expenses?

In 2024, NEW HOPE ACADEMY reported $581k in total revenue and $580k in total expenses on its IRS Form 990.

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