Hope Academy

Nonprofit profile at a glance

EIN
237240338
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Anytown, CA, USA
Phone
(555) 123-4567
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$19,137,612
Expenses
$21,116,278
Assets
$191,444,183
Liabilities
$1,681,815

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

Leadership & pay

7 people listed

Executive titles in this filing

  • MARK SIGNORELLI (CHAIRMAN & CEO)
  • JOHN LOUGHLIN (VICE-PRESIDENT)

Highest reported compensation

  • MARK SIGNORELLI (CHAIRMAN & CEO): $481,067 total reported compensation
  • BRAD LEMASTERS (TREASURER & CFO): $285,489 total reported compensation
  • DAN SIGNORELLI (VP-REAL ESTATE): $282,175 total reported compensation

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

Overview

Mission

To provide quality education and research opportunities to underserved communities.

What it reported doing in 2024

Hope educational & research center offers montessori training and certification for adults seeking to become professional montessori teachers at the infant-toddler (0-3 yrs. Of age) level and at the early childhood (3-6 yrs. Of age) level.the hmei education course provides comprehensive preparation for adults interested in working with children in multi-age groupings, using the montessori method. The education courses are designed to prepare and transform adult students into montessori educators. This is a certificate course, approximately twelve months in duration, with discrete periods of study designed to run consecutively and without interruption. In addition to the periods of study, advanced seminars are required for certification. The academic and practicum hours required for hmei course completion meet and exceed the minimum standards established by the ams.the hmei montessori teacher training program adheres to the highest possible academic and professional standards. Hmei is:- affiliated with the american montessori society (ams), - accredited by the montessori accreditation council for teacher education (macte) and- certified by the state of Missouri as a school for higher education growing interest in montessori education within the st. Louis area, throughout the midwest, the u.s., and around the world, has fueled a surge in demand for qualified montessori educators. In response to this demand, and in order to serve the needs of future hope families and the montessori community at large, the mission of the hope organization has been extended to include a new objective - the education and development of montessori teachers. Hope montessori educational institute (hmei) was launched in september 2011 to fulfill this objective. The summer of 2012 marks the beginning of its inaugural year. Excellence in education is the hallmark of the hope organization. Over the past four decades the hope montessori academies have earned respect and recognition within the montessori community and the public at large, as a superior source for private, montessori education. It is the intention of the organization to carry this tradition forward into the hope montessori educational institute as a way to further promote quality montessori education in the u.s. And around the globe. Mission statement of hmei: it is the mission of the hope montessori educational institute to insure the transmission of quality montessori education through the development of teachers and schools that nurture creativity, curiosity, compassion, respect and a joyfulness for life. Our objective extends beyond educating adult learners in the technical and procedural requirements for acquiring montessori certification. At hmei, certification is a byproduct of our mission to ignite our students' passion for the process of learning, to inspire them to explore and create new, innovative ways in which to extend and expand their own learning and that of the young students for whom they will soon be responsible. By preparing our teacher education students for the responsibilities of leadership within the global montessori community, we will enable them to carry the spirit of dr. Montessori's work into the future, for the benefit of generations to come. Through this and through the promotion and advancement of quality montessori education, we hope to make a meaningful contribution to a more harmonious and peaceful world. Vision statement of the hope montessori educational institute (hmei): hmei is dedicated to excellence, to advancement and to the promotion of quality montessori teacher education around the world. We strive to support this vision by:- first understanding and then supporting the needs of the students we serve; - making quality montessori education accessible by expanding our teacher education programs domestically and around the globe; - embracing and supporting research that will extend and expand our knowledge about learning and education in general, and a

Operating model

Revenue model
Earned-program. 75% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 99% 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.

The verdict

STRONG - 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: 83
  • Transparency & Controls: 82
  • Accountability: 76
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.1%; rating input score 99
  • Program expense ratio: 85.1%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • 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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 75%; rating input score 75; 14th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -10.3%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 9.07; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 93; 93rd percentile among comparable filings
  • Officer compensation ratio: 6.2%; rating input score 41; 41st percentile among comparable filings

Growth

  • Program expense growth: 2.3% per year; rating input score 100; 21st percentile among comparable filings
  • Revenue growth: 2.5% per year; rating input score 100; 21st percentile among comparable filings
  • Asset growth: 2.8% per year; rating input score 100; 22nd percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 99.1% of revenue deployed · 85.1% of spending went to programs
  • Governance: 3 of 4 board members independent · 7 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $18M in reported program spending
  • Leadership: top reported pay $481K · 7 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 7 filed schedules · includes grants and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • High — Sustainability: Operating margin scored 10/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 41/100.