ANNUAL REPORT | 2017-2018

EverythingHope in God Changes

Nineteen years ago, God shattered my hard heart. “If God really has given us everything he says he has for all of eternity, then why not venture something for God that’s a little bit crazy?” My pastor’s words electrified me.

I knew in that moment that if I actually trusted God, then I would obey his call to start a school for my neighbors—one I’d want my own kids to attend.

After years of resisting, I quit my job and took a frightening step of faith towards loving my inner-city neighbor as myself by starting Hope Academy.

Simply put: Hope in God Changed Everything. And it continues to do so today.

Hope in God is the anthem of Hope Academy, because it’s the only thing I know that can change a human heart.

It’s also the theme of this Annual Report. As you’ll see in the following pages, hope in God really does change everything: who we serve, who we hire, our families, our outcomes, and our future plans.

If you’re an investor in Hope Academy, hope in God has touched you, too.

There is no earthly explanation for the kind of heavenly generosity that has given hope to so many—and is growing hope for hundreds more urban youth.

Hope in God changes everything. Thank you for making hope happen.

LEADERSHIP TEAM:Russ Gregg, Head of SchoolKevin Farmer, MDiv, Head of Admission & Family MinistryLeslie Smith, MDiv, Lower School PrincipalJim Stigman, Head of Institutional AdvancementJohn Villas, Head of Finance & Operations Nathan Ziegler, Ed.S., MEd, Upper School Principal

BOARD OF DIRECTORS: Chair: Jeff Bird, JD, NBW Insurance GroupSecretary: Russ Gregg, Hope AcademyTreasurer: Rich Cammack, Cammack PartnersMike Brocker, CLU, ChFC, Legacy WealthDana Davis, Hope Academy Parent & City of MinneapolisC.R. Hackworthy, Anchor Real Estate GroupDan Olson, Hope Academy Parent & Spreading HopeBrad Pieper, Eurofins Technologies North AmericaDoug Smith, 3M (Retired)Brian Sullivan, Celcuity

Russ GreggCo-Founder & Head of School

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Who We Serve

Christian education is often reserved for the privileged—but Jesus taught us to welcome everybody.

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K-12

481 Students

83% live in Minneapolis 7 buses to North & South

Minneapolis

Inner-City

HENNEPIN COUNTY

$71,200HOPE ACADEMY

$32,067Median Household Income

Low-Income

Native American Asian/Island Pacific

Caucasian

Latino-Hispanic

African, African-American or Biracial

Beautifully Diverse

54% of students received additional emotional, mental, social,

and/or academic support.

54%

High Need

37% English language learners

English Learners

“Let the little children come to me, and do not hinder them, for the kingdom of heaven belongs to such as these.” Matthew 19:14

Our Students

Our goal is to cultivate faith and character that produce good fruit.Our Mindset

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“They will be called Oaks of Righteousness, a planting of the Lord for the display of his splendor.”Isaiah 61:3

Shepherding the Heart

Image-Bearers

Students are spiritual beings, created in God’s image with immeasurable

worth and eternal purpose.

Capable of Greatness

Students rise to high expectations. That’s why we teach Latin,

the “Great Books,” and Calculus.

Afflicted by Sin

Every school must diagnose problems. We believe the root cause is sin in our

world and our hearts.

Flourishing with Support

Students thrive in a safe, structured, and loving environment, with more time on task

(including mandatory summer school!).

In Need of Discipleship

At Hope Academy, we teach to the head and the heart. Students need

ongoing, intensive discipleship.

How We See Students

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Christ’s love compels our staff to sacrificial care and excellence.

The thing I like best about Hope Academy is our teachers and how much they care about us. Middle School Student

“”

Who We Hire

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CommittedTeachers give long hours,

Saturdays, and summers to make sure students succeed.

PresentMost staff live in the communities we serve. Some move across the

country to be here.

GivingStaff selflessly share meals, rides, vacation days, and resources with fellow staff, students and families.

MissionalMotivated by Christian faith,

teachers are deeply invested in discipling students.

ExcellentSimply put, our teachers are outstanding, pouring their

hearts and talent into their work.

Remarkable Teachers

“Whatever you do, work at it with all your heart, as working for the Lord, not for men.”Colossians 3:23

Hope in God changes everything—most importantly, our students.Students

“I’m not the same person I was two or three years ago, and that’s all because of God and because of my teachers.”

Andrew

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Miles“Miles grew a whole year in reading in just three months, thanks to his teachers’ support.”

- Wanda, Miles’ Mother

Sonaa + Weddu

“Sometimes I’m surprised by my kids. They act more like leaders than children.”

- Israel, Sonaa + Weddu’s Father

Raylen“From day one, my girls have been shown how great God is, and how much he loves them. Hope Academy has allowed them to be confident in Christ, and in who they are.”

- Mandi, Raylen’s Mother

Kenneth“Hope Academy has taught me to be a leader, to work hard, be respectful, and love God. I’m nothing but grateful for the education and relationships God has provided through Hope.”

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Hope in God strengthens families, as parents are engaged, encouraged, and held accountable in their child’s education.Families

Valued481 home visits to build strong relationships.

EquippedThrough school-led parenting seminars, classes, workshops

and Bible studies.

Engaged94% parent-teacher

conference attendance.

InvestedAll families contribute a fair share of tuition,

often $100/mo.

SupportedThrough partnerships

providing food, counseling, clothes, and resources.

Encouraged2,018 positive staff calls, notes, or conversations

with parents.

Coming from a Hispanic background with a single-parent home and a low-income family, there’s a lot of challenges that we face. I believe that God has totally flipped the story around; both my sister and I were awarded full-ride scholarships that will enable us to pursue college. Jose, Class of 2018

“” 10

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Hope Academy seeks to unleash kingdom citizens who work for justice, economic opportunity, racial harmony, hope for the family, and joy in the community.

Spiritual Formation

100% of seniors said their faith is very important.

High School Graduation

95% of seniors graduated on time.

College Scholarships

18 full-tuition scholarships awarded to grads since 2013.

Outcomes

Hope Academy is transitioning to a more rigorous definition of proficiency. We have moved from using the SAT10 standardized test which defined average and above as stanine levels of 4 or higher, to the ACT Aspire and NWEA MAP standardized tests. The NWEA MAP defines average and above as the 41st percentile or higher. Local schools use the Minnesota Comprehensive Assessments (MCAs).

Amazing Results

Hope AcademyLocal Schools% Proficient

MATH

23.8%

63.9%

READING

26.3%

66.5%

Academic Progress

Math & reading scores have continued to climb for 7 years.

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Shania 2015

Full-ride scholar at the University of Northwestern.

Mentor and leader on campus.

Auryanna 2013

Graduate of Cornerstone University.

Serving with AmeriCorps.

Grads Give Back

Ephraim 2015

Studying Engineering at

the University of St. Thomas. 

Intern at Xcel Energy.

Halley 2013

Studying and interning at

the Leadership Development

Institute, Hope Community Church.

Working in the community.

We fell in love with Hope Academy a couple years ago, and love it even more today. We’re so excited about what this school does for inner-city students and parents, and also what it’s brought to our lives.Bill & Karen Charron, Partners since 2016

“”

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Hope in God fuels sacrificial giving, so that we genuinely seek our neighbor’s good.Giving

Family Tuition10%

Private Donations

90% PartneringTogether

Funding Model

Hope Academy

Minneapolis Public Schools

$10.5K$24.5K

Remarkable Stewardship

Cost Per Student

To raise a dollar at Hope, compared to 20¢ nationally5.9¢

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90% of Hope Academy’s costs are paid for by donors like you.

Boaz Givers$25,000+

Boaz givers generously help us multiply our impact and reach more urban youth.

27Partners

$3,000 - $25,000Partners financially support

one or more students to attend Hope Academy.

380Day Sponsors cover one or

more days of Kindergarten for students without partners.

192Day Sponsors

$500-$3,000Supporters help to make

Hope Academy affordable for our students and families.

250Supporters

<$500

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In 2016, Hope in God ignited the Growing Hope Capital Campaign to bring a remarkable, Christ-centered education to more urban youth locally and nationally.

How We Grow

$1.4 Million To Go!

$8.7 million goalCommittedNeeded

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Growing Hope to serve 700 students in Minneapolis.

Phase I Completed On Time & Under Budget:• New high school science wing• Three new 4th grade classrooms• New lower school computer lab• New staircase & bathrooms

Phase II Beginning Fall 2018:• New, additional gymnasium• Six additional classrooms• Cafeteria expansion• New student support wing

Scheduled to be completed Fall of 2019

Spreading Hope to 10 cities nationwide.

Equipping Fellows• Providing resources, conferences, and assistance

for fellows interested in launching schools.

Launching Founders• Consulting with school leaders to help launch

Christ-centered, classical schools. • Harbor Christian Academy launched in

Houston Fall 2018!

Partnering with Funders • Connecting schools with local and national

funders to create independence and sustainability.

Local funding complete!

If we don’t invest, things won’t change.Hector & Michelle Fernandez, Partners since 2015“ ”

Growing Hope Capital Campaign

$1.4 million to go—get in on the joy!

KEY Five Consecutive Years (bold)Ten Consecutive Years (ital.) Founding*Legacy/Endowment+Growing Hope^

2017-2018 DONORSAard MinistriesAccurate Concrete Sawing, Inc.^Adair, Tim & BeckyAdrian, Mary AnnAhl, Tony & ShellyAhlgren, JohnAhlgren, SallyAlberts, Joel & Brenda^Alexander, Pat & Bunny^Alice & Fred Wall Family FoundationAllen Family FundAlt, Tom & DonnaAmelotte, Dave & SarahAmundson, Elliot & ReneeAmy’s Legacy FoundationAnderson, AmyAnderson, BarbAnderson, Barry & LouiseAnderson, Brent & RebecaAnderson, Dena^Anderson, ErleAnderson, Lowell & VirginiaAnderson, Mark & NancyAnderson, Nate & Anamarie^Anikpo, Yed & SarahAnkeny Fund, Pete & MargieAnonymousAnthony, Ed & PatArden, Daniel & AnneArends, Mike & BethArrigoni, Bill & Lisa^Asleson, Richard & MarceneAurand, James & LeslyAustrums, Tim & EricaBaar, Dave & CindyBackes, Roger & ConnieBaer, Joe & LauraBahnson, LindaBaillon, JeanBaker Book House CompanyBall, RachelBallow, Rich & GailBarnett, Steve & MauraBarton Family FoundationBaumeister, Keith & Erin^Baur, K. Matt & LibbyBeck, Dan & Kara

Becker, Raymond & LaVerneBecker, Terry & Laura^Becker, Tim & MaryBeetner, Douglas & KeriBeitzel, Earl & LynnetteBelby, Mike & KathyBell, Dwain & Marian Niederloh^Bennett, Jay & Sally*Benson, MarthaBentson Foundation^Berg, SandraBerggren, Mark & KimBergman, Kevin & IreneBergman, Mike & CarrieBergren, Paul & LauraBergstrom, Paul & BrendaBerlin Family FundBertelson, Todd & MaryBertram, Larry & KimBethlehem Baptist Church*Betz, JeanBetz, John & StephanieBick, Edward & LynnBieber, Bill & HelenBierma, Michael & PeggyBiewen, GeneBird, Jeff & Widdy*+^Bird, Thomas & Catherine ShrevesBishir, WilmaBishop, LucyBishop, MarkBlattner, Chris & RaikoBlattner, John & Dee Dee^Bloom, Jim & RaquelBoardman, Tom & Susie^Boerner, Jane^Boisclair, Lori+^Boldt, Evan & LeroyceBolland, Michael^Bonfe, Wally & SusanneBonney, Mark & Brenda^Borner, Gary & JaneBorski, James & LynnBoss Estate, JoyceBoyce, Dave & KariBoyce, Katie^Boyum, Robert & MichelleBradley, David & JoanneBrandon, TracyBrantly, BettyBraye, KarenBredow, Tim & KateBrehm, Ward & Kris*Bretzman, Merlin & NancyBrigley, Dan & Penny

Brill, Lincoln & LyndaBrocker, BenjaminBrocker, Matthew & TiannaBrocker, Michael & Deborah^Brook, Josh & MariahBrothen, Kelby & Carol^Brown, Bill & Karen^Brown, Hugh & Mary^Brown, Russ & DorisBruder, Joni & MartinBruder, JoshBruer, JulieBruins, Glen & ArleneBruns, Wade & KimberlyBryant, Michael & KristenBuffo, Jim & AllisonBullard, William & JenniferBuller, Peter & LauraBurkhart, Robbie & IvyBurman, JamesBurns, CassieBurton, Matt & KeriBurtzel, BridgetButts, MaryByers, Jason & AngelaByrdziak, Graham & SarahC. Charles Jackson FoundationCabak, James & ErmaCagney, Timothy & JonellCalcote, Jason & Anna^Calvary Lutheran Church of Golden ValleyCammack, PaigeCammack, Rich & Ann*+^Campbell-Sevey, Inc.Canfield, Frank & KarinCantrill, Herbert & KatherineCargill Inc. Functions FinanceCarl Hanson Drywall, Inc.Carlson, Blair & ElizabethCarlson, Don & Mary JaneCarlson, LukeCarman, Alicia^Carr, ElizabethCarr, KariCarter, MelinaCarter, Robert & DianaCasaDeCalvo, Lonnie & Lisa^Caspersen, JoanneChapel Hill AcademyChapman, Austin & Nadine^Chappell, Ryan & ReganCharity, Inc.Charron, Bill & Karen^Chase, Tim & JudyChilds, Larry & JulieChoe, David & Michelle

City ChurchClark, Bill & GayleenClark, RichardClark, Timothy & TaraClarke, Roger & GloriaClements, Tom & JulieCofrin, Mike & ThereseColdspring USACole, JaneCommers, Clem & Molly*Conlin, Tom & Kathleen MarronConover, Garrett & DeborahConrad, Peter & AnnCooley, Kevin & VickiCornerstone Church of Central MNCott, ClaraCoughlin, Bob & JenniferCountryman, Daniel & AntheaCraft, Glenn & CherylCraig, Andrew & Liz^Crary, Brad & ChristyCrist, Tom & AnnCross, Robert & CindyCrowl, Dominic & Liz^Crowley, ShevviCulp, Kim & Carol^Cummins, Bob & JoanCurran, Jeremiah & CheriDadisman, Andrew & Theresa^Dahl, Ron & LindaDaino, MargieDalton, Hector & BethDaniel Robert Pastirik Memorial Fund, TheDart, Chris & Carol^David B Johnson Family FoundationDavis, Julian & KathleenDawson, Glen & KirstenDeGroot, Joe & AmandaDemarais, DeborahDemery, Tim & KristinDevolve, RobertDexter, Dana & ArtenaDeYoung, Jim & Sue^Dischinger, Rich & BethDlugosch, Peter & Kelly FlynnDommer, Phil & HeidiDresser, DawnDrew, Ray & BarbaraDube, Chuck & TammyDube, LaurieDuelo, Pete & JudyDuffy, Dean & Janelle

Dunbar, AndrewDurr, Kenneth & Donna+Dye, Bob & JoanDyer, NormaDyer, Steve & Christa^Eastlund, Alan & Tammy^Edgerton, John & Heidi Gesell*+^Edgerton, VirginiaEdina Crosstown Medical LLCEkstrand, Jeff & ErinElifson, Daniel & MaryElliott, TimElsenbroek, Roy & KarlaEmerson, MarleneEmmaus Companies, Inc.Emmerich, Dick & KarolEmmerich, Jeremy^Englar, Donald & EvaEpaphroditus Foundation^Erickson Builders & Co, Inc.Erickson, MarieErickson, Mark & SueErickson, Ryan & BeccaErickson, Stan & Mary^Erno, Jason & ChristaEspelien, Craig & MichelleEvangelist Crusaders, Inc., TheEvenson, ReidEwing Family Charitable Fund, TheEwing, GingerFadden, VincentFalstad, CarolineFeldhaus, Bryan & ClaireFeltmann, Allan & TeresaFenelon, Terry & SherriFernandez, Hector & MichelleFerro, Brian & AnnFine, DanFinelli, Ron & SherylFinn, Matt & Elizabeth^Fischer, Joanna^Fitch, MaryFjelstad, Kenneth & BarbFlaherty Family FoundationFoley, Richard & JeanneFollett CorporationFollett, Brian & Mindy^Foothills Foundation^Ford, Silas & OliviaForga, ChadFrana, Gary & JacqueFrauenshuh, Matt & BethFrazier, Todd & SusanFreeman, Bryan & Alicia

Freeman, Jim & Carol*Friborg, SusanFrischmann, JaimeFullerton, Robert & CarolineFunk, Chet & NicoleFussell, Adolphus & ChristineGales, Robert & SusanGallaway, BrieanneGardner, Dave & JanGarnett, David & RandeGatmaitan, AlfonsoGatto, Dan & EmilyGeffert, Hite & CaraGentolizo, Deirdre^Georgioff, James & ElizabethGeraghty, ChrisGerlach, MarkGesell, James & TeddyGherity, Mark & SusanGiannobile, Theodore & EloiseGilbert Mechanical Contractors^Gilbert, Dan & Marty*+^Gillespie, Darrell & MakedaGillette, Ashley^Gillette, Kyle & LindaGledhill, JennieGlengarry LtdGosselin, Robert & MaryGouldin, Seth & ElizabethGrace Lutheran Women of LifeGraham Family Living Trust, TheGranite FoundationGraves, CarlyGregg, Cody & BradeeGregg, Gary & KimGregg, Russ & Phyllis*+^Groce, LouisaGrodahl, Halgeir & DonnelleGrondahl, Vincent & LillianGross, Jonathan & RanieGrosser, Steve & Liv^Gullman, BethanyGustafson, AlanGustafson, CarolineH.E. & Helen Warren FoundationHabben, Matthew & HeidiHaberkorn, Bob & PatHackworthy, C.R. & Cynthia*+^Hackworthy, Nick & JessHahn, BrianHaines, DarlaHamer, Sam & NaomiHamill, Steve & Carla^

Hamilton, Dustin & BethHannah Charity Fund, TheHanner, AnnaHansen, DavidHansen, Tom & JoyceHanson, Mark & Nancy^Hanson, Terry & MaryHardy, Forrest & AmyHarris, Mark & Debbie^Harry & Jan Sweere Foundation^Hart, Kevin & Polly*Harte, Michael & Katherine^Harvey, JessicaHawkins, Thane & Blanche*^Hawley, Dale & VickiHayden, Jim & SandyHaymaker, Jim & KathyHeckert, Kim & LoisHedberg Family Charitable FoundationHedberg, John & Jean^Hegenes, Gary^Heil, Douglas & PatriciaHeller Family Charitable FundHeller, Robert & DianeHelseth, Betty^Henderson, JenniHennen, Roger & BettyHenry, MatthewHensel, Rob & Signe*Herbst, Loren & EllenHernbrode, RichardHeskin, Bill & Denise^Hielkema, Donald & MarilynHillen, KariHilleque, Bob & LindaHlavaty, HeatherHoekstra, ErinHoffrogge, DeanHogshead, Daniel & RebekahHoilien, Noel & Heidi^Holthusen, Scott & CarrieHope Community Church^Horner, John & SydneyHornig, Steve & PennyHorton, Dave & JenniferHosfield, Matt & JanelleHoward, GloriaHoward, JimHowe Family Legacy Fund, TheHowe, Josh & TiffanyHowell, Brian & CherylHowse, Craig & Lisa^Hulst, LouiseHumphrey, Alison

Our Donors

Humphries, Cary & Margot^Hupp, John & ErinHurlbut, Rick & Melanie^Huston, Shea & KerryHuynh, Chinh & CelesteIrving, Justin & Tasha^Iverson, JudithJacob, Roy & AnneJacobs, Mike & DanaJacobson, Peter & SueJelgerhuis, Elmer & SharJennings Family Foundation, The^Jennings, Joel & Mary Lee^Jeseritz, ConnieJimmy’s, LLCJodsaas, Larry & LyndaJohnson, Ben & Brooke^Johnson, Brad & JillJohnson, Doug & KarenJohnson, Eric & ToveJohnson, James & CoralJohnson, Jay & Karen BergJohnson, JoAnneJohnson, Karl & LindaJohnson, Mike & Kara^Johnson, Peter & LizJohnson, Steven & DeborahJohnson, Tom & DanetteJohnston, Bob & SheranJohnstone SupplyJonswold, Jeff & JoanJordan, Martin & MarlysK.A.H.R. Foundation^Kamp, Tom & Cheri^Kaplan Insurance AgencyKellen, Tony & SarahKeller, Jonathan & MaggieKing, Mike & PeggyKingston, Terry & PeggyKirkwood, Scott & BrendaKite, Teresa & BrianKivestu, Peeter & PattiKlatke, Donald & ClaraKlava, JerodKnier, Charles & SandraKniffin, Drew & ColleenKnoll, NathanKoch, Larry & JulieKooistra, Martin & EvelynKrehl, EdwardKrengel, Steve & KariKreye, Chad & LisaKrieger, PattyKrismantis, DavidKroeger, Paul & ChristineKuehlewind, Kenneth^Kula Foundation, TheKvasnik, Theodore & ElaineLaCroix, Rick & KathyLaddusaw, Matt & HollyLaFontsee, John & Dawn^Lagace, DawnLahner, Jim & TraciLake Country BuildersLalim, Jewel

Larson, AJ & BridgetLarson, AvisLarson, Bradley & MichonLarson, JudiLarson, Larry & DorothyLarson, Leroy & JoyceLarson, ReedLassen, David & LaurieLassen, JoanLaurion, LianeLaursen, Zachary & ChristieLazarus, Barry & MaryLeake, Gabriel^Lee, Daniel & ElizabethLee, David & DagniLegacy Wealth Kingdom FundLegler, H.J. & M.N.Lehmann, Ernest & SarahLeick, Donald & Teresa^Leidel, Erich & TiffanyLeighton, AliceLeslie, Jim & KarenLewis, Mark & Susan^Liang, Jonathan & JenniferLindberg, Mark & GabrielleLinder, Doug & Linda^Lindh, Dan & Jeannine^Lindstrom, MarkLinsmayer, Nick & LindaLipscomb, James & MaryLocklear, Bruce & DawnLoeffler, JoeyLoeffler, Rodney & EloiseLofthus, Elwood & DoloresLohrenz, Wes & AngelaLong, Dave & SarahLook, TJ & Rochelle^Lorence, Drake & Kari^Lorence, MarionLounsberry, Ed & BerrieLRE Foundation^Lubinski, Mike & MaryLucas Family Charitable Fund^Lucas, David & BeckyLuciano, LydiaLumpkins, Robert & SaraLund, C. Matthew & EmilyLundeen, Mike & MiriamLunden, Jeanne^Lunger, Bill & Laura*^Luther, Timothy & TanyaMacDonald, Dan & JeanMacosko, Chris & KathleenMadden, Timothy & DianeMagnuson, Marie AnnMagnuson, Mark & MaureenMahoney, Marie JanetMalecha, TimMandler, Luke & SarahMandler, Mark & DeannaManoles, Michael & LaurelMarch Family Foundation^March, John & Sallie^Marcus, Greg & LindaMarsden Holding, LLC^Marsden, Mary*+

Marti, Steve & JoniMartin, Gerry & SandraMartin, James & PatriciaMartin, John & KaylaMassee, MarciaMassopust, John & LindaMatteoni, Peter & DebbieMatuska, Neal & MonicaMaynard, Paul & Robin^McCabe, Glenn & Laurel WrightMcClay, Bob & CarolynMcClintock, Scott & Kelly+McConeghey, James & PatriciaMcConnell, Doug & SuzanneMcConnell, Jason & ChristelMcCready, Paul & BethMcDonagh, TerenceMcFarland, Doug & PamelaMcGuire Family Foundation^McGuire, Dave^McGuire, Mike & KristinMcKay, Neil & JulieMcLaren, Mike & ColleenMcMillan Electric Company*McMillan, Doug & Ann*^McVay FoundationMcVay, MaryMcWeeny, Christopher & KristinMeehan, MichaelMehrer, Roger & ColleenMelder, Roger & DeborahMellema, RobertMendel, Roger & Jennifer^Mendenhall, BreannaMendenhall, Phil & KerryMerry, Graham & ElizabethMessner, Shawn & AngelinaMetz, James & Adriana Salinas-MetzMeyer, Paul & LesleyMiller, Don & CheriMiller, Nate & JessicaMingo, Guy & PatsyMinor, Chris & CherylMisselt, A. Lynn & ChristineMitchell, Jim & Cathy^Moe, Jim & JanMohrlant, Mick & Marilynn*Moon, Merlin & KayMoore, PatriciaMoore, Richard & ValerieMoore, SteveMoore, Steve & WendyMooty, Bruce & TracyMorris, Ken & SueMortenson Family FoundationMortenson, David & KateMorton, RobertMosier, RobbyMueller, Doug & SusanMularoni, Michial & JanMullins, CynthiaMundt, MaxineMurphy, Timothy & Patricia

Murray, Dan & JaneNaegele Family FundNaegele III, BobNaegele, Bob & Ellis*Nagel, Brad & SarahNagel, Chuck & MarjorieNBW Insurance Group*NCCM Transformation FoundationNeelly, Steve & DianeNeitzel, Ken & JenniferNelson, CarolNelson, JamesNelson, JohnNelson, KarlaNerbonne, John & EvalynNesvig, Kirk & Mary^Neterer, Mike & Sara^New Hope Church EFCANewcome, John & MargaretNewquist, Leonard & RaeNibbe, Randy^Nibbelink, Nelson & PhyllisNiblick, Mark & Sandra^Niccum, Brent & JewelsNicholson, David & Barbara*Nicholson, Ford & CatherineNicholson, Todd & Martha*+Niederloh, Chuck & PollyNiederloh, Dinah^Noble, Tom & CynthiaNoreen, RuthNorell, PaulNorthwood ChurchNovak, Tom & PeggyNoznesky, Nathan & DianeO’Brien, SusanO’Connor, Tim & DanaOelke, Nicholas & CaraOelschlager, AmyOelschlager, Keith & NancyO’Keefe, Daniel & MaryOlfelt, John & BarbaraOlinger, StaceyOlson Family TrustOlson, Alton & RuthOlson, BradyOlson, Cindy^Olson, DanOlson, Dan & Lucy^Olson, GenOlson, James & DarlaOlson, JamieOlson, Jay & KimOlson, JoeyOlson, L. J.Olson, Leland & GretchenOlson, Paul & PamOlson, Phil & Mary^Olson, Ray & DebbieOpen Book CommunicationsOral Maxillofacial Surgical ConsultantsOsilas FoundationOtto, Michelle^Overby, N.G. & C.S.

Oxley, Claudia*Pagel Foundation^Pagel, Eric & JackiePagel, Jack & Karen^Palen Family Foundation^Palen, Greg & Peg^Pallet Service CorporationPalmer, ConnieParks, Andrew & KristinPastirik, JuliaPaul, John & JanetPaulsen, LukePautsch Family Foundation, The^Pautsch, Mark & Jeannie^Pavlak, MarilynnPearce, Brad & Susan^Pearson, Brent & JillPearson, MarkPekarek, Jim & TracyPennings, KirkPentair Management Company, Inc.Peregrine Capital Management Inc. FundPerry, Dr. Mark & MaryPeters, Timothy & KaraPetersen, Stephan & LaurettePeterson, Adam & AnniePeterson, James & SusanPeterson, Jason & BetsyPeterson, John & CarolynPeterson, LeeAnnPeterson, MarionPeterson, Wes & RuthPeterson-Hilleque, Brent & VictoriaPetit, Barry & KittyPetrich, Bob & SandyPhillips, RyanPieper, Brad & Abbey^Pieper, Richard & KathyPietrzak-Wegner, Chris & Michelle^Pinska, LawrencePitts, Mark & AllisonPliego Burgos, Jose Turijan & Adilene^Popelka, Mike & HeidiPowell, Sid & JunePrecht, Zak & HeatherPrelude Homes & ServicesPrentiss, Robert & Judy^Propps, Al & SylviaPugh, Doug & SharonRabine, Gary & PaulaRacine, James & KatieRadke, Aaron & JessicaRadke, Jeff & JonelRamstad, Jim & KathrynRay, Dennis^Ray, Wyn & SonjaReck, Matthew & AllisonRecker, Rick & KarrieRegister, Alex & Charissa^Reich, Kevin

Reimer, Derrick & TiffanyReimer, Lynn & BernaDeneReimer, William & Dolores^Reis, EmilyRemus, Gary & BrendaRetka, Darrell & SusanRicci, Ronald & KatherineRice, AndrewRichard M. Schulze Family FoundationRichert, David & MaryRichmond, GailRiley, BenjaminRiverbridge PartnersRiverway Foundation^Rixmann, Wayne & MaryRobert & Diana Carter Family FundRoberts, SusieRobertson, Robert & LoisRobey, Paul & SharonRobia, Elliot & MaryRobins, Kaplan, Miller & Ciresi Foundation for ChildrenRodgers, Larry & Gloria NelsonRoebken, Kirk & MariannRoehl Family FoundationRoelike, B.J.Roff, Randy & WendyRoger & Colleen Mehrer Family CharitableRonca, David & LorraineRonning, Jay & TracyRontti, Deb & MitchRorke, JosephRosander, L.J. & P.J.Ross, Brian & Linda*Ross, LouiseRoss, Shalom^Rotert, David & SusanRott, Dale & RubyRouner, Arthur & Molly*Ruby, Lauretta+Rudeen, Paul & HopeRuhl, Matt & KarenRunning, James & PeggyRybarczyk, Alex^Rylander, Don & Jeanne Rymer, BenSabbann, Mike & Connie^Sampson, SharonSamuelson, Kye & JuliaSanborn, Bruce & Thea^Sanders, MichaelSanders, Paul & GretchenSanders, Peter & Jada^Scheuerman, ZinaSchilling, HughSchmitt, Tom & LauraSchmoker, Dick & Kit^Schneidermann, Kevin & LynScholtz, Rolf & RenataSchool of Urban MinistrySchoolmeesters, Scott & LynnSchreier, TomSchrock, Eric

Schrock, Josh & AnnieSchulte, BarbySchultz, JamesSchultz, Jim & JillSchumacher, David & Michelle^Schumann, MikeSea Foam Sales Company^Seaquist, Paul & TammySee, Harold & BrendaSeemann, LoisSeitz, StephenSeleski, Patrick & NancySell, MargaretSenger, Dave & Karen+^Severson, JamesSeverson, ScottSexton, AdamShaffer, Gary & SallyShaffer, Steve & BethShandorf, Peter & RobertaSharma, AdrienneSheehan, Tim & Chris NaylorShirley, ElaineShowcase Builders, Inc.Siemon, Jeff & DawnSimms, KelvinSimon, StephanieSimonton, Wesley & SusanSimpson, Ken & KathySinger, TeriSinks, Tim & JulieSkinner, Robert & PhyllisSlamkowski, EdSlater, Galen & Beth^Sleiman, Alexander & VeraSlominski, ShaneSmith, Cecil & Gwendolyn^Smith, Chris & Leslie^Smith, Doug & Kris+^Smith, George & DonnaSneesby, Chuck & StacieSnow, MikeSoderling, SteveSolfelt, BarbaraSolvie, Kieth & PamSpiegle, SarahSquires, AlisonSquires, Stuart & CarolynSt. Paul Linoleum & Carpet Co.*St. Paul’s Episcopal ChurchSt. Sauver, Dennis & MargaretStation 19 Architects, Inc.Stauch, John & AnnSteege, Wayne & MissySteele, MatthewSteenrod, Barett & PaulaStegman, JulieStelter, Micah & LizzieStenmo, Ralph & PatriciaStewart, Floyd & Mary LouStewart, JohnStigman, Jim & Stacy^Stone, Jeff & KathyStrand, Dwayne & Rita

Strike, Hugo & ElaineStroia, Lindsay^Strole, Olov & HeidiStrub Jr., William F.^Stultz, Ray & NinaSullivan, Brian & Mia*+^Summer FundSundquist, Dean & Amy*^Supportive Living Solutions, LLC^Swan, Jamie & AngelaSwanson, HarlanSwanson, John & Sherry+Swanson, SkipSwedberg, ColleenSween, Thomas & JeanneSweeney, Ryan & LisaSweet, EmilySweet, LeslieT. I. H. FoundationTalmage, MaryTaylor, Mike & ShirleyTelander, Bob & PegTen Haken, Kylen & MarcyTerhuly Foundation Inc.Termont, Dave & DonnaTherkelsen, Dave & KaraThode, BarbThomas, Daniel & MelissaThomas, DavidThompson, Chris & SaraThompson, Luke & JenniferThompson, Mark & KimberlyThompson, Steve & JanetThompson, Tim & SandraThorin, JoyceTim & Sharon Whitmore Charitable GivingTimm, Chad & HeatherTimm, Terry & BeckyTita, Henry & ImmaculateTJA Business Law PLLCTollefsrud, Lyle & PennyTollefsrud, Patrick & TanyaTongen, Scott & PattiToresdahl, Brandon & DanielleTorgerson, DanielTorning, KaraTorres, RayTourek, SteveTowers, LincolnTrautz, John & Jill^Treichler, Steve & CaroleTrump, MilesTurnquist, JamesTwietmeyer, Eric & EricaUDell Dental LabUithoven, Adam & KateUmbel, Thomas & SuzieUniversity of Northwestern - St. PaulUpcraft, ChuckUpland & Marsh^Valmark Securities Global Gift Fund, TheValmark Securities, Inc.

Van Beek, Allen & SharonVan Schyndel, SaraVandenburgh, BeverlyVander Top, Vince & ValVander Wilt, JenniferVanderveen, Douglas & MichelleVansomeren, BettyVarner, WilliamVerdoorn Foundation*^Verdoorn, Jeff & JulieVerdoorn, Jim & StephanieVerdoorn, Sid & Carol*^Vigstol, Greg & MariaVillas, John & LindaVoelbel, Rich & LynnVohnoutka, JodiWaddell, BarbaraWade, Tom & KathiWagner, CarstonWald, Brandon & Bisola^Wald, James & KarenWallestad Foundation*Walter, Josh & EmilyWaltho, Craig & CynthiaWarland, Robert & Mindy^Wassenaar, RogerWatke, RogerWatkins, Willis & MaryWebster Jr., Chuck & KarinWebster, AnnWebster, Charles & Nancy+^Weiss, Tad & WendyWEM FoundationWenner, Bob & CarolWeston, MarleneWestra, Mark & SherriWhat is the Church?*^Whitmore, Tim & SharonWible, Scott & KayWiddifield, Dr. WiddifieldWiddifield, Michael & JenniferWiddifield, TerraWiens, Harold & ClaudiaWilde, Taylor & MollyWilford, Larry & LindaWilkes, John & AnnWilliams, JoanWilliams, Lee & HeideWilliams, Troy & KatieWinegarden, Steve & DeniseWinsor, RenataWinter, Karen*Wischmeier, David & Traci*Wismer, LindaWisnewski, Paul & LoriWixon Advisors, Inc.Wixon Family Faith Fund, TheWixon, Bill & Renee*Wolf, Phil & LoriWolfe, Sheldon & LindaWooddale Church*Woodhouse Family Foundation^Woodhouse, Kirt & Nicole^Worsing, Jr., Robert

Wright, Daniel & AmandaWyatt, Andy & LuannZiegler, Ben & CaixiaZiegler, Nathan & Tennille^Ziegler, Peter & SueZipf, Cindy

GIFTS IN HONOR OFDadisman, Theresa Leighton, AliceEdgerton III, John B. Gesell, James & Teddy Toresdahl, Brandon & DanielleGalvan, Antonio Lehmann, Ernest & SarahHamill, Steve Petersen, Stephan & LauretteKreye, Zaylee Miller, Don & CheriMoe, Mark & Carey Massee, MarciaNiederloh, Dinah Bell, Dwain & Marian NiederlohOlson, Jamie Nelson, JamesReis, Julie Reis, EmilySeverson, Scott Larson, AJ & BridgetTongen, Patti Kingston, Terry & PeggyUpshaw, Beverly Fussell, Adolphus & ChristineWatkins, Scott & Johanna Olson, Leland & GretchenWiddifield, Dr. David R. Widdifield, TerraWillins, Aaron Cole, JaneWismer, Stephen Wismer, LindaGifts from Pat Alexander of Coldspring, USA, were made in honor of: Austin, Paul Barnes, Rob Berardi, Marco & Anna Brannon, Brad, Cliff & Brent Dawson, Mark Madden, Bill & Kim Mikyoung McKay, Doug Miller, Fred Miller, Larry Mortenson, David Ryan, Pat Shaw, Bill Tunis, George Vetter, Ron & Vetter, Howard Zavagno, Bob & Small, Jim

IN MEMORY OFBecker, Wilfred & Aurelia Becker, Tim & MaryBuller, Noelle Bishop, LucyDuelo, Nicholas P. Duelo, Peter & JudyDwyer, Tim Tim Dwyer Farm Trust / Sell, MargaretEllertson, Margaret Hogshead, Daniel & RebekahEngelbrekt, Butch Sabbann, Mike & ConnieGraske, Richard Bertelson, Todd & MaryLassen, Earl H. Anderson, Lowell & Virginia Anderson, Erle Bradley, David & Joanne Burman, James Gustafson, Caroline Lassen, David & Laurie Lassen, Joan Lindstrom, Mark Magnuson, Marie Ann McFarland, Doug & Pamela Olfelt, John & Barbara Olson Family Trust Ricci, Ronald & Katherine Richmond, Gail Rudeen, Paul & Hope Sanders, Paul & Gretchen Stenmo, Ralph & Patricia Strike, Hugo & Elaine Thorin, Joyce Turnquist, James Williams, Lee & HeideLaurion, David C. Laurion, LianeLeick, Chris Leick, Don & TerriMerry, Graham Anderson, Barb Anonymous Blick, Edward & Lynn Boerner, Jane Cargill, Inc. Functions Finance Carr, Elizabeth Carr, Kari Culp, Kim & Carol Dunbar, Andrew & Family Elliott Aviation Gatmaitan, Alfonso Geraghty, Chris Gillette, Ashley Gillette, Kyle & Linda Hahn, Brian Harvey, Jessica Haymaker, Jim & Kathy Humphrey, Alison Hurst, Cheryl Johnson, Brad & Jill Kaplan Insurance Agency Klava, Jerod LaCroix, Rick & Kathy

Lein, Sharon Lumpkins, Robert & Sara MacMillan, Whitney & Betty McCarthy, Jim & Diane Montgomery-Smith, Jennifer Murphy, Timothy & Patricia Oral Maxillofacial Surgical Consultants Ovation Orthodontics Pennings, Kirk Pietrzak-Wegner, Chris & Michelle Ray, Dennis Snook, Andrea South Lake Minnetonka Police Department Sundberg, Stephen & Ann Tester, Amy TJA Business Law PLLC UDell Dental Lab Vanderheyden, Thomas & Deborah Varner, William WEM Foundation Worsing, Jr. Robert Yellow Tree Construction ServicesPerkins, David M. Perkins, Tim & KataReiff, Betsy Reck, Matthew & AllisonSwanson, Jennifer Harris, Mark & Debbie Huynh, Chinh & CelesteSweet, Norma Asleson, Richard & Marcene Bahnson, Linda Bruer, Julie Johnson, Karl & Linda McWeeny, Christopher & Kristin Overby, N.G. & C.S. Sweet, LeslieTschida, Peggy Marti, Steve & Joni

Our sincere thanks to everyone who gave to our student missions trips!

20

August 1, 2017 - July 31, 2018

Notes: 1. The figures here are meant to show the basic inflow and outflow of cash during our fiscal year. It does not include in-kind donations, the value of Title services or designated in/out accounts. Free/Reduced Lunch Reimbursements and district textbook reimbursements are subtracted from expenses. 2. The facility expense represents Hope Academy’s share of the building expenses. Teen Challenge contributes roughly $300k in rent to cover additional building costs. 3. Hegenes Properties, Inc manages the building on behalf of Hope Academy. The building and school financial reports are combined at year end and audited by an independent accounting firm. Audited financial statements are available upon request. The 17-18 audit was not finished at the time of publication.

Donations

Expenses

$6,358,500

$2,399,100

$3,959,400

Growing Hope Capital Campaign FundAll transactions through 7.31.18

Net Fund Balance

Current Assets

Fixed Assets

$8,776,100

$3,794,100

$12,570,200

Assets

Total Assets

Annual Fund Donations for the 18-19 school year

Annual Fund Donations for future years beyond 18-19

Other Liabilities

Total Equity

$1,193,300

$135,000

$1,495,800

$9,746,100

$12,570,200

Liabilities and Equity

Total Liabilities & Equity

Donations - Annual Fund

School Tuition and Fees

Other Income

Salary and Benefits

Administration Expenses

Development

Admission and Family Ministry

Classroom Expenses

Information Technology

Athletics/Extracurricular

Facility

Operational Reserves

$4,802,100

$590,100

$25,400

$3,812,600

$131,700

$63,700

$22,800

$79,400

$47,800

$63,500

$636,500

$4,643,500

$516,000

$0

$4,117,900

$159,100

$59,500

$20,900

$75,700

$40,800

$61,100

$624,500

$5,417,600

$4,858,000

$559,600

2017-2018 Actuals

2017-2018 Operating Budget

$5,159,500

$5,159,500

$0

Income

Expense

Total Income

Total Expense

Stewardship

Hope Academy | 2300 Chicago Avenue South, Minneapol is, MN 55404 | 612-540-2000 | hopeschool.org

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