Hampton Roads Academy
Nonprofit profile at a glance
- EIN
- 540659912
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Newport News, VA, USA
- Phone
- 7578849152
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $14,547,924
- Expenses
- $14,633,479
- Assets
- $23,650,277
- Liabilities
- $3,267,578
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
25 people listed
Highest reported compensation
- JAMES H LASLEY (HEAD OF SCHOOL): $390,175 total reported compensation
- BENJAMIN ROUS (ASST HEAD OF SCHOOL/DIR OF UPPER): $116,696 total reported compensation
- CAROLINE HELPINSTILL (CHIEF FINANCIAL OFFICER): $93,508 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hampton roads academy is an inclusive community grounded in service and compassion, preparing students to excel intellectually, artistically, physically, and morally in higher education and in life.
What it reported doing in 2024
The hallmark of hra is its cultivation of a community defined by compassion and excellence, one that nurtures the whole student. This community is built through a high-quality academic program, individualized attention, and an environment that is safe and supportive both physically and emotionally. Every student is encouraged to explore a wide range of experiencesacademic and extracurricular from the science lab to the playing fields to the stage. At hra, each student is valued and supported in developing their unique strengths. During the 2024-2025 school year, hra provided a high-quality education to 605 students, of whom 165 received financial assistance.
Operating model
- Revenue model
- Other-operating. 89% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 90% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 87
- Accountability: 95
- Sustainability: 43
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.3%; rating input score 75
- Program expense ratio: 73.8%; rating input score 74
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.6%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 1.62; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 67; 67th percentile among comparable filings
- Officer compensation ratio: 4.5%; rating input score 55; 55th percentile among comparable filings
Growth
- Program expense growth: 1.8% per year; rating input score 100; 18th percentile among comparable filings
- Revenue growth: 2.7% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: 1.4% per year; rating input score 100; 15th percentile among comparable filings
Details
- Where the money goes: 75.3% of revenue deployed · 73.8% of spending went to programs
- Governance: 23 of 23 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $10.8M in reported program spending
- Leadership: top reported pay $390K · 25 people listed · 4 of 6 pay-setting controls reported
- Consistency: 34 of 34 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Operating margin scored 28/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- Review — Sustainability: Officer compensation ratio scored 55/100.