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Filing year 2023

NEW HOPE ACADEMY

Franklin, Tennessee·EIN 63-1172489·NTEE B20Z · Education·501(c)(3)
Total revenue
$5.9M
Total assets
$7.5M
Total expenses
$4.8M
Reported officers
13
Mission

CHRIST-CENTERED SCHOOL EDUCATING CHILDREN OF DIVERSE RACIAL & SOCIOECONOMIC BACKGROUNDS BY ESTABLISHING A BIBLICAL WORLDVIEW AND PREPARING EACH CHILD TO FLOURISH ACADEMICALLY, EMOTIONALLY, SOCIALLY, AND SPIRITUALLY.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Head of Scho
Officer (Unspecified)
$131k
$143k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 12 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NEW HOPE ACADEMY equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
3%
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 91%
from 2022

From $69k in 2022 to $131k in 2023.

$69k
2022
$131k
2023
In today's dollarsEst.
Up 82% in real terms$79k to $143k

Estimated with BLS CPI-U for the South region, 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 NEW HOPE ACADEMY

What are NEW HOPE ACADEMY's revenue and expenses?

In 2023, NEW HOPE ACADEMY reported $5.9M in total revenue and $4.8M in total expenses on its IRS Form 990.

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