Skip to main content
Filing year 2024

NEW HOPE CHRISTIAN ACADEMY

Memphis, Tennessee·EIN 62-1612178·NTEE B200 · Education·501(c)(3)
Total revenue
$7.2M
Total assets
$6.2M
Total expenses
$7.4M
Reported officers
17
Mission

NEW HOPE CHRISTIAN ACADEMY IS AN URBAN COLLEGE PREPARATORY ELEMENTARY SCHOOL PROVIDING STUDENTS WITH A CHALLENGING INTELLECTUAL AND CHRIST-CENTERED EDUCATION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

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

Head of School
Officer (Unspecified)
$202k
$215k
Base
$179k
Bonus
Other
Benefits
$24k
Chief Financial Officer
25th percentile to median
$117k
$124k

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 15 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NEW HOPE CHRISTIAN ACADEMY equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
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.

Held roughly steady
over 2 years

From $197k in 2022 to $202k in 2024.

$197k
2022
$222k
2023
$202k
2024
In today's dollarsEst.
Down 5% in real terms$225k to $215k

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.

Pay for the position

Chief Financial Officer pay fell 6% from 2022 to 2024, while revenue rose 29%.

$125k in 2022 to $117k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 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 CHRISTIAN ACADEMY

What does the Chief Financial Officer of NEW HOPE CHRISTIAN ACADEMY earn?

In 2024, the Chief Financial Officer of NEW HOPE CHRISTIAN ACADEMY received $117,291 in total compensation. This pay is below the median (the midpoint) for Chief Financial Officer roles among Education organizations in Tennessee, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in Tennessee, the 2024 pay of the Chief Financial Officer at NEW HOPE CHRISTIAN ACADEMY falls between the 25th percentile and the median. In 2024, the highest total compensation at NEW HOPE CHRISTIAN ACADEMY equaled 3% of the organization's total expenses. The median for education organizations is 7%.

What are NEW HOPE CHRISTIAN ACADEMY's revenue and expenses?

In 2024, NEW HOPE CHRISTIAN ACADEMY reported $7.2M in total revenue and $7.4M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.