New Hope Academy
Franklin, Tennessee
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,200,314↓10% | $4,733,958↑7% | $5,035,326↑15% | — |
| 2022 | $5,778,572↑23% | $4,418,492↓6% | $4,387,183↑15% | — |
| 2021 | $4,690,606 | $4,716,013↑10% | $3,826,661↑11% | — |
| 2020 | $4,680,346↑32% | $4,279,404↑6% | $3,461,431↑30% | — |
| 2018 | $3,540,573↑5% | $4,046,203↑6% | $2,659,325↓17% | — |
| 2017 | $3,373,975↓16% | $3,815,464↓8% | $3,187,842↓12% | — |
| 2016 | $4,003,660↓2% | $4,164,519↑18% | $3,630,500↓4% | — |
| 2015 | $4,086,075↓1% | $3,526,597↑6% | $3,786,147↑49% | — |
| 2013 | $4,133,251↑34% | $3,326,964↑9% | $2,542,982↓29% | — |
| 2012 | $3,092,051↓10% | $3,047,895↑6% | $3,602,909↑1% | — |
| 2011 | $3,424,807 | $2,883,059 | $3,555,653 | — |
Frequently Asked Questions
What does New Hope Academy do?▼
New Hope Academy is a education nonprofit organization based in Tennessee. It is classified under NTEE code B20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Hope Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, New Hope Academy has a score of 85/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does New Hope Academy generate?▼
New Hope Academy reports $5.9M in annual revenue and holds $7.5M in total assets, based on IRS filings.