Rhode Island · Nonprofit
THE HOPE ACADEMY
THE HOPE ACADEMY (Rhode Island) receives grants from 5 organizations whose IRS filings report $24,907 to it, the largest being FEINSTEIN FOUNDATION INC ($19,421). 2 of them have funded it in more than one year.
- Revenue FY2025
- $6.7M
- Funders on record
- 5
- Grants received
- $25k
- Net assets
- $1.8M
What The Hope Academy does
Mission
The Hope Academy is committed to an educational model focusing on the academic and social success of each individual, preparing students to meet the challenges of the future.
As stated on its FY2025 Form 990.
Programs
Charter school educational services The Hope Academys primary service is to provide public education to residents of providence and north providence. Admission is based on a lottery system and tuitions are billed to the city/town in which the student resides. The Hope Academy fosters an inclusive environment by exposing children to those who are different from themselves at an early age. The school rents space from meeting street, a private institution of learning that has been recognized as a leader in servicing students with disabilities. Growing up alongside children that are different than themselves will incite inclusivity.
$6,512,296 spent$6,741,703 earned by the program100% of program spendingSchool food service fund The Hope Academy provides breakfast & lunch for its students. Fees are assessed based on income level. Revenues also come from federal programs.
$0 spent0% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,512,296.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $1.6M to $5.9M (+261%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 67% · 2018 68% · 2019 68% · 2020 67% · 2021 71% · 2022 71% · 2023 72% · 2024 74% · 2025 74%. Grants only. Government contracts and fees sit inside program revenue.
74% of THE HOPE ACADEMY’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Mayor Charles A Lombardi
Chairperson
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $421 → $2k.
1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of THE HOPE ACADEMY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE HOPE ACADEMY leans on a few funders — its largest provides 78% of grant income and the top three 97%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 100% · 2020 99% · 2021 69% · 2022 100% · 2023 88% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of THE HOPE ACADEMY's grant income comes from Rhode Island funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $686 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THE HOPE ACADEMY has grown faster than three-quarters of the 9,398 education nonprofits its size.
this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025
Organizations like THE HOPE ACADEMY
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Rhode Island
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
91% of spending goes to programs.
Governance
Public support
0%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for THE HOPE ACADEMY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE HOPE ACADEMY?
- THE HOPE ACADEMY (Rhode Island) receives grants from 5 organizations whose IRS filings report $24,907 to it, the largest being FEINSTEIN FOUNDATION INC ($19,421). 2 of them have funded it in more than one year.
- How many funders does THE HOPE ACADEMY have?
- IRS filings report 5 organizations giving $24,907 in grants to THE HOPE ACADEMY, 2 of which have funded it in more than one year.
- Who is the largest funder of THE HOPE ACADEMY?
- FEINSTEIN FOUNDATION INC is the largest funder on record, with $19,421 in grants. The full list of funders is on this page.
- How can an organization like THE HOPE ACADEMY find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Hope Academy →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing