New Hope Educational Institute Inc
Nonprofit profile at a glance
- EIN
- 521590136
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Landover Hills, MD, USA
- Phone
- 3014597311
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,465,291
- Expenses
- $2,664,540
- Assets
- $1,113,629
- Liabilities
- $435,663
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- SUSAN JOY MORROW (PRESIDENT/PR)
Highest reported compensation
- SUSAN JOY MORROW (PRESIDENT/PR): $76,751 total reported compensation
- BEVERLY BERNDT (BOARD MEMBER): $56,278 total reported compensation
- KAREN WILKENING (SECRETARY /): $46,598 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Independent school serving a diverse population of students, with classes for preschool (pre-k3 and pre-k4), lower school (kindergarten to 7th grade), and college-preparatory upper school (8th to 12th grade). Sevis- approved to accept international students on f-1 visas. We extend our educational mission by sponsoring schools and students in gambia, africa, and by opening our extra-curricular performing arts and sports programs to the local community.
What it reported doing in 2024
Partnerships in education programs gambia project - providing scholarships to high school students, elementary students, and university students alng with educational programs in the gambia supporting services travel to gambia along with the cost of service project and supplies and medical equipment.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 90
- Accountability: 68
- Sustainability: 18
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 9 controls in place; rating input score 22
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -8.1%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 0.42; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.39; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 10.2%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 4.2% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: 1.4% per year; rating input score 100; 17th percentile among comparable filings
- Asset growth: -3.2% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 9 of 9 board members independent · 2 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $2.7M in reported program spending
- Leadership: top reported pay $77K · 9 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 4 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- 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 — Accountability: Governance controls: 6 of 8 not reported.
- High — Sustainability: Operating margin scored 16/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.
- High — Sustainability: Officer compensation ratio scored 29/100.