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Indiana · Nonprofit

THE HOPE ACADEMY INC

THE HOPE ACADEMY INC (Indiana) receives grants from 29 organizations whose IRS filings report $3,419,045 to it, the largest being LILLY ENDOWMENT INC ($2,562,485). 19 of them have funded it in more than one year.

Revenue FY2025
$2.5M
Funders on record
29
Grants received
$3.4M
Net assets
$647k
19/29 repeat funderspeak grant-dependency 15%
01What it does

What The Hope Academy Inc does

Mission

To provide a safe, sober, and challenging school experience for students who share a commitment to educational achievement and personal growth.

As stated on its FY2025 Form 990.

Programs

  1. Hope academy is a tuition-free public high school for indiana students in grades 9-12. As the only recovery high school in indiana and one of just 43 nationwide hope academy is a welcoming and supportive academic environment committed to sobriety, academic success and personal growth. Hope academy is a member of the association of recovery schools. The primary objective of hope academy is to help adolescents struggling with the disease of addiction earn a high school diploma. Hope academy is open to all indiana high school students.

    $1,594,873 spentof which $1,500 as grants$78,244 earned by the program
    100% of program spending
  2. Experience tells us that long-term success for adolescents in recovery is grounded in a good education and ongoing support. Research indicates that students, who have substance abuse disorders and are not in recovery will likely drop out of high school, face a life of incarcerations or they will die from the disease (indiana prevention research center, 2004).

  3. Hope academy provides a recovery and wellness curriculum, allowing students the opportunity for personal growth in their recovery from drug and/or alcohol addiction. Each student is required to take a recovery-focused basic skills course. Students learn basic skills, including balancing a check book, how to interview and write a resume and time management, to prepare them for life after high school. Most importantly, students learn how to live their life clean and sober. Hope academy has a recovery coach and peer specialists providing the students support and tools for recovery. Hope academy uses the 90-in-90 workbook, a tool for recovery wellness, as a way for students to journal on their recovery process. Students are required to attend recovery management and 12-step meetings outside of school.

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,594,873.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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.

100 = 20212021 Revenue 100 ($2.0M) Expenses 100 ($1.8M) Net assets 100 ($977k)2022 Revenue 96 ($1.9M) Expenses 108 ($2.0M) Net assets 90 ($876k)2023 Revenue 95 ($1.9M) Expenses 112 ($2.1M) Net assets 70 ($683k)2024 Revenue 118 ($2.3M) Expenses 129 ($2.4M) Net assets 63 ($618k)2025 Revenue 129 ($2.5M) Expenses 136 ($2.5M) Net assets 66 ($647k)
20212022202320242025
Revenue (129)Expenses (136)Net assets (66)Peer revenue range

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 $1.1M to $2.1M (+97%).

$1.1M
$1.1M
$2.1M
$2.0M
$1.9M
20212022202320242025
Total assetsTotal liabilities

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.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 69% · 2022 69% · 2023 64% · 2024 61% · 2025 45%. Grants only. Government contracts and fees sit inside program revenue.

94% of THE HOPE ACADEMY INC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

$117k
’21
−$101k
’22
−$193k
’23
−$65k
’24
$29k
’25
1.1
months of
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.

Chief executive

Rachelle Gardner

Executive director

Board chair

Amy Levander

Chairman

As listed on its FY2025 Form 990.

20212022202320242025
Listed1413141416
Joined·+1+2+1+3
No longer listed·2111
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 13 funders, grant income rose $22k → $279k.

7 of 29 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% 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 INC’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 INC leans on a few funders — its largest provides 75% of grant income and the top three 81%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

75%
largest funder
81%
top three
~2
effective funders

Largest funder’s share by year: 2017 23% · 2018 40% · 2019 100% · 2020 27% · 2021 21% · 2022 35% · 2023 47% — growing more concentrated.

“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.

How long its funders stay

17% of THE HOPE ACADEMY INC's funders are still giving 3 years after their first grant; 66% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

100% of THE HOPE ACADEMY INC's grant income comes from Indiana funders.

IN
NC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $302k arriving through sponsors registered in 4 states 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.

04Its place in the field

Against its field

THE HOPE ACADEMY INC's funding base is broadening — from 5 funders to 13 as grant income climbed.

Operating margin1% · below the median
Months of reserve1.1mo · bottom quartile
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like THE HOPE ACADEMY INC

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 Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

64% of spending goes to programs.

Program 64%Management 35%Fundraising 1%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IN

Screen this organization

A dated, signed PDF of the compliance screen for THE HOPE ACADEMY INC: 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.

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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 INC?
THE HOPE ACADEMY INC (Indiana) receives grants from 29 organizations whose IRS filings report $3,419,045 to it, the largest being LILLY ENDOWMENT INC ($2,562,485). 19 of them have funded it in more than one year.
How many funders does THE HOPE ACADEMY INC have?
IRS filings report 29 organizations giving $3,419,045 in grants to THE HOPE ACADEMY INC, 19 of which have funded it in more than one year.
Who is the largest funder of THE HOPE ACADEMY INC?
LILLY ENDOWMENT INC is the largest funder on record, with $2,562,485 in grants. The full list of funders is on this page.
How can an organization like THE HOPE ACADEMY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. 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 2021–2025), and the filings of 29 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