Generation of Hope Academy Inc

Nonprofit profile at a glance

EIN
472486198
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Orlando, FL, USA
Rating confidence
Limited
Sector
Primary, Elementary Schools
Affiliation
Christianity

Reported finances

Revenue
$0
Expenses
$76,577
Assets
$203,270
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • Milka Padilla (Vice President)
  • Ephrain Padilla (President)

Highest reported compensation

  • Milka Padilla (Vice President): $39,440 total reported compensation
  • Ephrain Padilla (President): $22,500 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Generation of Hope Academy, Inc. is an institution whose mission is to provide knowledge through an educational curriculum that seeks to balance teaching with a Christian foundation centered on the Word of God.

What it reported doing in 2024

Generation of Hope Academy, Inc. was able to provide knowledge through an educational curriculum that seeks to balance teaching with a Christian foundation centered on the Word of God. The Academy helped in the moral and emotional development of its students in order to empower a generation of hope. The Academy helped to raise a generation of student leaders committed to biblical and educational values for the purpose of achieving a better world. The Academy offered education from Kindergarten to 12th Grade, it did not have operations during school year 2024-2025 and currently is not operating.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 90
  • Accountability: 67
  • Sustainability: 20
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 71.4%; rating input score 71; 23rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 2.65; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 80.9%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: -10.8% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: -13.1% per year; rating input score 0; 27th percentile among comparable filings
  • Asset growth: 4.7% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: 5 of 7 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $39K · 2 people listed
  • Consistency: 16 of 16 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.