ANNUAL REPORT | 2016-2017

The mark of God: it exists in every person. His image, his attributes—the fingerprints of the Creator are everywhere, in everyone.

So, why do we have such low expectations of ourselves and of others? Why do we expect so little of youth in inner-city schools? Sometimes the inner-city is the last place you’d expect to find hope.

But hope in God changes everything. At Hope Academy, we see the mark of God in each student—and so we expect God to do the remarkable.

By grace, Hope Academy provided an excellent, Christ-centered education to 474 urban youth, K-12, during the 2016-2017 school year. Hearts were changed, families were strengthened, and children were given a foundation for a bright future.

In faith, we also launched the Growing Hope Capital Campaign to expand our facility to serve 700 students, as well as to help plant 10 Hope Academy-style schools nationwide.

Hope Academy is on a mission to steward the mark of God that exists in all of us. Thank you for helping us to pursue the remarkable.

Together,Russ GreggCo-Founder & Head of School

Hope Academy is pursuing the

remarkable

“For from him and through him and to him are all things. To him be glory forever.” ROMANS 11:36

LEADERSHIP TEAM:Russ Gregg, Head of SchoolKevin Farmer, MDiv, Head of Admission & Family MinistryLeslie Smith, MDiv, Lower School PrincipalJim Stigman, Head of Institutional AdvancementPatti Tongen, 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 & The Gospel CoalitionBrad Pieper, MicrobiologicsDoug Smith, 3M (Retired)Brian Sullivan, SterilMed

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Remarkable Students

“It makes me feel safe that we are all a family, and we are all there for each other.” HOPE ACADEMY STUDENT

Inner-city

84% of students live in North or South Minneapolis

Economically Disadvantaged

HENNEPIN COUNTY

$59,236HOPE ACADEMY

$30,081Median Household Income

Multi-lingual

32% of students speak more than one language

Beautifully Diverse

American Indian AsianCaucasian

HispanicAfrican, African-American or Biracial

474 Students

K-12

Affordable For All

Our partners make this possible.

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Remarkable Teachers

Faithful Local

All-In

CommittedChrist’s love compels us

2/3 of staff live in North or South

Minneapolis

98% teacherretention rate

“The teachers care about our well-

being more than anything.”

“Hope Academy has taught me

what true love really looks like.”

HOPE ACADEMY STUDENTS

“I’ve been to almost every one of my teachers’

homes.”

“Do nothing from selfish ambition or conceit, but in humility count others more significant than yourselves.” PHILIPPIANS 2:3

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Remarkable Education

Hope Academy’s rigorous, Christ-centered, classical education

equips urban youth to lead and serve with integrity.

“Intelligence plus character—that is the goal of a true education.” REV. DR. MARTIN LUTHER KING, JR.

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At Hope Academy, we teach children to know and love God, and to explore and respect all He’s created. This allows us to encourage the development of the whole child—including the spiritual dimension. When integrity and true character growth are woven together with academic excellence and the right support, students flourish.

God-Centered Approach

Academic Excellence

Hope Academy utilizes a rigorous classical curriculum in grades K-12. Students are taught to see goodness, truth, and beauty in subjects like Latin, Humane Letters, and Calculus.

46% of students received some form of support, including emotional, behavioral, psychological, English language learning, reading, math, and more.

Student Support

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Remarkable Family Ministry

“God has transformed our family, through Hope.”GERARDO

Building Partnerships• 278 families• 474 home visits• 94% parent-teacher

conference attendance

Strengthening Families• Counseling & social work services• Emerge Mothers Academy

employment & housing assistance• Connecting families to local churches

& resources

Equipping Parents• Monthly Kindergarten

parenting workshops• Emerge Mothers

Academy classes• Moms Bible studies

“Hope Academy is not just educational, it’s also emotional and spiritual. When you truly have nowhere else to go, but you can go to your children’s school—that’s awesome. And my children love it.”

LATOYA

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Remarkable Enrichment

Fostering Creativity Counteracting Summer SlideChoirs, drama club, musical theater,

and summer arts internshipsSummer school provides students with critical math, reading,

and enrichment opportunities well into July.

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Developing CharacterSoccer, Basketball, Football, Cross-Country Running, and Track & Field

Elevating OpportunitiesMathletics, Robotics Club, Math Team, ACT Prep, Chess Club, Academic Support Center and more

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Remarkable Partners

“You have no idea how much you’ve blessed us. You are not just giving money, you truly are giving hope.”

HOPE ACADEMY PARENT

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Thank you for making Hope Academy affordable for all!

Hope Academy

Minneapolis Public Schools

$10K$24K

Eff icient StewardshipCost Per Student

840Individual

Donors

355Sponsorship

Partners

201Volunteers

Boaz Gifts $25,000+

Day Sponsors $540 & Other

Family Tuition - Avg. $100/moStudent Sponsorship

$6,900

15%

5%

70%10%

Partner Funding Model

PER STUDENT

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“God is using Hope Academy to change patterns that have been part of our family for generations.”

HOPE ACADEMY PARENT

Remarkable Results

Faith Formation 100% of high school seniors said their faith is very important to them.

College Acceptance 100% of 2017 graduates were accepted to college.

$1 Million in College Scholarships Hope Academy’s Class of 2017 was awarded more than $1 million in college scholarships!

Academic Progress Math & reading scores steadily increased over the past 6 years.

Four of Hope Academy’s seniors received full-tuition, full-need scholarships through the Act Six program for emerging urban leaders.

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Remarkable Opportunity

Growing Hope Capital Campaign LaunchedIn one year, God provided $8.3 of $10.3 million in commitments towards our biggest step of faith yet—the Growing Hope Capital Campaign:

Phase I: On Time, and Under BudgetA new high school science wing, three 4th grade classrooms, and a new computer lab were completed under budget on July 31, 2017. We also hosted our first Spreading Hope Conference in Dallas, TX, with rave reviews. Our deepest gratitude to the donors and staff (p.19-21) who made this possible!

Phase II: Trusting God for $2 MillionWe are trusting the Lord to provide the remaining $2 million for the Growing Hope Capital Campaign. This will enable us to build a second gymnasium, expanded cafeteria, and six additional classrooms, and help us to spread the Hope Academy model to 10 other cities nationwide.

See hopeschool.org/remarkable for updates.

Grow Hope to serve 275 more students at our Minneapolis campus

Spread the Hope Academy model to 10 cities in 10 years

New High School Science WingPhase I Ribbon Cutting September 2017

Groundbreaking Ceremony March 2017

Remarkable Generosity

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

2016-2017 DONORS5733 Minnehaha, LLC Aard MinistriesAbboud, JodyAccurate Concrete Sawing, Inc.Adrian, Mary AnnAlberts, Joel & Brenda^Aldrich, Myron & LoisAlexander, Pat & Bunny^Alice & Fred Wall Family FoundationAllen Family FundAllen, Andrews & BarbaraAlt, Thomas & DonnaAmazon SmileAmundson, Elliot & ReneeAndersen, Jason & AmiAnderson, AmyAnderson, Brent & RebecaAnderson, Dena^Anderson, Mark & NancyAnderson, Nate & Anamarie^Anderson, Roger & JoanAnkeny Fund, Pete & MargieAnkeny, William & TeresaAnonymousArden, Daniel & AnneArends, Mike & BethArete Scholars Fund, Inc.Arrigoni, Bill & Lisa^Arthur J. Gallagher FoundationAtherton, Rick & DanaAurand, James & LeslyAustrums, Tim & EricaBaar, David & CynthiaBaer, Joe & LauraBaillon, JeanBaker Book House CompanyBall, RachelBallow, Rich & GailBarton Family FoundationBearrood, DouglasBeck, Daniel & KaraBecken, Teri & RoxaneBecker, Erin^Becker, Terry & Laura^Becker, TimBeebe, ColleenBeebe, George & Donna

Beetner, Douglas & KeriBeitzel, Earl & LynnetteBeitzel, William & MariaBelby, Mike & KathryneBell, Dwain & Marian Niederloh^Bellin, JosephBelton, Steven & Sharon SaylesBenbow, Charles & CarmenBenevity Community Impact Fund, TheBennett, JanetBennett, Jay & Sally*Bennett, Matt & AbbyBenson, MarthaBentson FoundationBerg, SandyBergman, Kevin & IreneBergman, Mike & CarrieBergren, Allan & TheresaBergren, Paul & LauraBerlin Family Fund Bertelson, Todd & MaryBertram, Larry & KimBesst, James & KatherynBetance, Hector & Tania^Bethlehem Baptist Church*Betz, JeanBetz, John & StephanieBickner, MauraBieber, Bill & HelenBierma, Michael & PeggyBiewen, GeneBill & Karen Leu-Charron Grace Giving Fund, TheBird, Daniel & JanaBird, James & SusanBird, Jeff & Widdy*+^Birdsong, Anthony & LauraBishop, LucyBjoin, John & JackieBlattner, Chris & RaikoBlattner, John & Dee Dee^Bluml, Jackie & SteveBoardman, Tom & Susie^Boettler, Eugene & CatherineBoisclair, Lori^Bolland, MichaelBoller, DonnaBoller, Richard & SandraBonner, JohnBonney, Mark & BrendaBormann, Kevin & CarissaBorner, Gary & JaneBorski, James & LynnBoss Estate, JoyceBoss, David

Boss, John & SaraBoss, Richard & JoannBottaro, Christopher & TriciaBoyce, Dave & KariBoyce, KatieBoyum, NorlinBrandon, TracyBrantly, BettyBrastad, ReneeBraye, KarenBredow, Tim & KateBrehm, AndyBrehm, Ward & Kris*Bretzman, Merlin & NancyBrill, LyndaBrink, DavidBrocker, Don & GinnyBrocker, Matthew & TiannaBrocker, Michael & Deborah^Brost, Mark & BettyBroten, Deland & GloriaBrothen, Kelby & Carol^Brown, Bill & Karen^Brown, Hugh & Mary^Bruder, Joni & MartinBruder, JoshBruins, Glen & ArleneBruns, Wade & KimberlyBryan, BarbaraBryant, Michael & KristenBuchanan, JoBuller, Peter & LauraBurkhart, Robbie & IvyBurns, ElizabethBurton, Matt & KeriBurtzel, BridgetBush, Philip & Kathryn BishopBuslee, RoxannButh, CharlesButters, Paul & TamiButts, MaryByers, Jason & AngelaByrdziak, Graham & SarahByrne, Martin & JillCabak, James & ErmaCalcote, Jason & Anna^Calhm Metals, Inc., Callahan, Sean & CatherineCalvary Lutheran Church of Golden Valley Cammack, PaigeCammack, Rich & Ann*+^Campbell-Sevey, Inc., Canfield, Frank & KarinCantrill, Herbert & KatherineCarlson, Blair & ElizabethCarlson, Don & Mary Jane

Carman, Alicia^Carol Pfleiderer Fund, TheCaroline Amplatz Giving LLCCarrier, John & DesireeCarter, Bob & DianeCarter, Thomas & Dawn UremovichCasaDeCalvo, Lonnie & Lisa^Cass, BernieceCastle, Jeff & SuzanneCathey, Mark & MelindaCecere, Andrew & KathleenChapman, Austin & Nadine^Charity, Inc. Charron, Bill & Karen Leu^Childs, Larry & JulieChoe, David & MichelleCity ChurchClark, Bill & GayleenClark, RichardClark, Timothy & TaraClausen, Douglas & SharonClose, Kevin & TerriColdspring USACole, JaneCommers, Clem & Molly*Community Foundation of Greater Des MoinesCommunity GivingConiaris, Paul & BeverlyConlin, Tom & Kathleen MarronConrad, Peter & AnnConway, BarbaraCooley, Kevin & VickiCoughlin, Bob & JenniferCraft, Glenn & CherylCrary, Brad & ChristyCrist, Tom & AnnCrowl, Dominic & Liz^Cummins, Bob & JoanDadisman, Andrew & Theresa^Dagoberg, Timothy & PamelaDaino, MargieDaleiden, MistyDalton, Hector & BethDaniel Robert Pastirik Memorial Fund, TheDart, Chris & Carol^Daughtry, DianeDavid & Barbara Nicholson FundDavis, JulianDawson, Glen & KirstenDBA Johnstone SupplyDean, KellyDeBoer, Evelyn & Merle

Delahunt, Paul & HeatherDellaria, Joe & KarenDelta Air Lines FoundationDemarais, DeborahDemery, Tim & KristinDevine, RobertDevolve, RobertDeYoung, Jim & Sue^ Dickinson, KatherineDick's Sanitation, Inc. Dlugosch, Peter & Kelly FlynnDonateWellDrew, Ray & BarbaraDrews, ChristianDryden, BethDube, LaurieDuelo, PeteDuffy, Dean & JanelleDunning, Douglas & JeanetteDurr, Kenneth & Donna+Dye, Bob & JoanDyer, Steve & Christa^Eastlund, Alan & Tammy^Eberhard, Paul & SharonEdgerton, Heidi Gesell & John*+^Edgerton, VirginiaEdina Crosstown Medical LLCEgeland, Howard & AnnieEhalt, Richard & MaryEisenberg, Max & PeggieEisenreich, PegEisma, Joel & KristenEitreim, Derek & KathyEkstrand, Jeff & ErinElifson, Daniel & MaryElsenbroek, Roy & KarlaEmmerich, Dick & KarolEmmerich, JeremyEngelbrekt, Butch & BettyEpaphroditus Foundation^Erickson Builders & Co, Inc.Erickson, Clyde & JulieErickson, MarieErickson, Ryan & BeccaErickson, Stan & Mary^Ertel, BrianEvangelist Crusaders, Inc., TheEwing, GingerExpressions of JoyFadden, VincentFahey, Mike & LindaFeltmann, Allan & TeresaFenelon, Terry & SherriFernandez, Hector & MichelleFerro, Brian & Ann

Finell, James & SusanFinelli, Ron & SherylFinkelstein, MikeFinn, Matthew & Elizabeth^Fitch, MaryFjelstad, Kenneth & BarbFlaherty Family FoundationFleck, Sheldon & TerryFleener, Ted & LynnFoley, Richard & JeanneFollett CorporationFollett, Brian & Mindy^Foothills FoundationFord, Silas & OliviaForga, ChadFrana, Gary & JacqueFrazier, Todd & SusanFreeman, Amy MichelleFreeman, Bryan & AliciaFreeman, Jim & Carol*Fremont, Dan & CindyFrench, JanetFriborg, SusanFrischmann, JaimeFritzke, PaulFroemming, Rian & WhittneyFuller, Frank & LisaFullerton, Robert & CarolineFussell, Adolphus & ChristineGales, Robert & SusanGallaway, BrieanneGardner, Dave & JanGarnett, David & RandeGatto, Dan & EmilyGayle, Wilbur & ConnieGeorgioff, James & ElizabethGering, Glenn & VivianGesell, James & TeddyGherity, Mark & SusanGiannobile, Theodore & EloiseGilbert, Dan & Marty*+^Glasser, Jim & JoGlengarry Ltd Goedecke, Herb & ViktoriaGood Neighbor Fellowship Gosselin, Robert & MaryGouldin, Seth & ElizabethGrace Lutheran Women of LifeGrace Upon Grace Mooty Family FoundationGraf, Rick & AngelaGramstad, Ross & AnitaGranite FoundationGraper, JasmineGreater Twin Cities United Way

Greener, Ken & NancyGregg, Russ & Phyllis*+^Grigsby, Russell & JennaGroce, LouisaGrodahl, Halgeir & DonnelleGrondahl, Vincent & LillianGrosser, Steve & Liv^Guaman, Sergio & Tracy^Guenther, MarkGullman, BethanyGustafson, AlanGustafson, Andrew & ElizabethGyolai, KevinH.E. & Helen Warren FoundationHaas, PaulHabben, Matthew & HeidiHaberkorn, Bob & PatHacker, NancyHackworthy, C.R. & Cynthia*+^Hackworthy, Nick & JessHaines, DarlaHamer, Sam & NaomiHamill, Steve & Carla^Hamilton, Dustin & BethHannah Charity Fund, TheHansen, Tom & JoyceHanson, Mark & Nancy^Hanstad, KevinHarris, Mark & Debbie^Harry & Jan Sweere Foundation^Hart, Kevin & Polly*Harte, Michael & Katherine^Hasert, Douglas & EstelleHaskins, David & LynnHawkins Family Foundation^Hawkins, Thane & Blanche*Hayden, Jim & SandyHealy, JoriHealy, William & JulieHeckert, Kim & LoisHedberg Family Charitable FoundationHedberg, John & Jean^Hegenes, Gary^Heil, Douglas & PatriciaHeitman, LynnHelgemoe, Merlin & JeanHeller Family Charitable FundHeller, Bob & DianeHelms, Jack & KateHelseth, Betty^ Helstrom, James or MarkHenderson, Grace

Henderson, JenniHendrickson, Dean & TohniHennen, Roger & BettyHenry, MatthewHensel, Rob & Signe*Herbst, Loren & EllenHerweyer, DonaldHeskin, William & Denise^Hielkema, Donald & MarilynHildreth, Ray & DebHillmann, AmandaHoefs, Edward & HeidiHoekstra, ErinHoerr, Louis & JoannaHoffrogge, DeanHogshead, DanielHohol, Mark & ReneeHoilien, Noel & Heidi^Hoilien, Phil & JeanneHolden, David & EllenHollingsworth & Vose CompanyHolsten, Michael & TamiHolthusen, Scott & CarrieHoneywell International Charity MatchingHope Community Church^Horner, John & TrecieHornig Insurance Agency, Inc.Hornig, David & BarbaraHornig, Steve & PennyHorton, David & JenniferHosfield, Matt & JanelleHouse, Charles & FayeHousman, Michael & MalindaHowe Family Legacy Fund, TheHowe, Josh & TiffanyHowell, Brian & CherylHowse, Craig & Lisa^Huber, MabelHughes, Jeffrey & MaryHulst, LizbethHulst, LouiseHumphries, Cary & Margot^Hupp, John & ErinHurlbut, Rick & Melanie^Hutson, Mike & BethImholte, Douglas & NancyIrving, Justin & Tasha^Jacob, Roy & AnneJacobs, Mike & DanaJacobson, Peter & SueJankowski, LeonardJelgerhuis, Elmer & SharJennings Family Foundation, The^Jennings, Joel & Mary LeeJLAM, Inc.Jodsaas, Larry & LyndaJohnson, Ben & Brooke^Johnson, Doug & KarenJohnson, Eric & ToveJohnson, Gordon & HopeJohnson, JoAnneJohnson, Karl & LindaJohnson, Lyle

Johnson, Mark & MandyJohnson, Mike & KaraJohnson, Peter & LizJohnson, Steve & LauraJonswold, Jeff & JoanJordan, Frank & CarolJoswiak, Larry & SharonJuang, Andy & GraceJuelich, Richard & ReneeJungbluth, Robert & DianeJunior AchievementK.A.H.R. Foundation^Kaemingk, Kelvin & JenniferKalinoff, David & MelissaKamp, Tom & Cheri^Kappler, John & ElizabethKardell, AaronKasperek, Mark & ShelleyKeizer, DarinKellen, Tony & SarahKeller, Jonathan & MaggieKellerman, Calvin RussellKelly, James & ErikaKingsbury, Robert & MichelleKingston, Terry & PeggyKirkwood, NathanielKirkwood, Scott & BrendaKispert, MarilynKite, Teresa & BrianKivestu, Peeter & PattiKlaras, CynthiaKlaras, Daniel & LisaKlatke, Donald & ClaraKneisel, BarryKnier, Charles & SandraKniffin, Drew & ColleenKnighton, Russell & LaverneKnutti, John & PeggyKoch, Larry & JulieKoehler, SusanKoenig, Randy & WendyKoeppl, Tim & CindyKomarek, Joe & JenniferKompelien, Brian & JenniferKooistra, Martin & EvelynKovacs, John & PamelaKrengel, Steve & KariKreye, Chad & LisaKrieger, PattyKris Livingston Custom DesignKrismantis, DavidKroeger, Paul & ChristineKroll, Randy & RachelKufahl, David & KatherineKula Foundation, TheKuplic, Dan & TheresaKvasnik, Theodore & ElaineLaddusaw, Matt & HollyLaddusaw, Todd & JennyLaF Holdings, LLC LaFontsee, John & Dawn^Lagace, DawnLake Country BuildersLake Creek Acres, Inc.Langston, BrendaLark, Robert & Madell

Larson, JudiLarson, Larry & DorothyLarson, RichardLassen, David & LaurieLaursen, Zachary & ChristieLawrence, JillLeake, GabrielLee, Daniel & ElizabethLee, David & DagniLegacy Wealth Kingdom FundLegler, H.J. & M.N.Lehn, Mike & ShannaLeick, Donald & TeresaLeslie, Jim & KarenLevin, Milton (Mickey)Lewis, Mark & SusanLiang, Jonathan & JenniferLiebers, Marvin & Mary EllenLietzau, Dale & CarolLighthouse Software Solutions IncLijewski, Terry & SusanLindberg, Wes & MargeLinder, Doug & Linda^Lindh, Dan & Jeannine^Linsmayer, Nick & LindaLipscomb, James & MaryLo, DeeLodermeier, Robert & BarbaraLoeffler, Rodney & EloiseLohmer, Greg & KathyLohrenz, Wes & AngelaLong, Dave & SarahLong, Don & DottiLook, TJ & Rochelle^Lorence, Drake & Kari^Lorentzsen Family Trust, TheLounsberry, Ed & BerrieLRE Foundation^Lucas Family Charitable Fund^Lucas, David & BeckyLuciano, Jose & LisaLudzack, RebeccaLundeen, Max & AngelaLunden, JeanneLundin, David & KathleenLunger, Bill & Laura*^Ly, Karim & SulaMaakestad, BarbaraMacDonald, Dan & JeanMacDonald, Reid & AnnMacosko, Chris & KathleenMadden, Timothy & DianeMagnuson, Mark & MaureenMahoney, Marie JanetMain Street Companies, Inc.Mairs, Rob & AimeeMalecha, TimMandler, Luke & SarahMandler, Mark & DeannaManly, DavidManoles, Michael & LaurelMarch Family Foundation^March, John & Sallie^Marcus, Greg & LindaMarklund, Leonard & Gaye

Marsden Holding, LLCMarsden, Mary*+Marti, Steve & JoniMartin, Gerry & SandraMartin, John & KaylaMartin, SandraMassopust, John & LindaMattson, Duwayne & JeanneMatuska, Neal & MonicaMaynard, Paul & Robin^McCabe, Laurel Wright & GlennMcClay, Bob & CarolynMcClintock, Scott & KellyMcConnell, Jason & ChristelMcCready, Paul & BethMcCullough, Thomas & DebMcDaniels, JanisMcElroy, DavidMcElroy, Gregory & JodyMcGrath, Bruce & BrendaMcGuire Family FoundationMcGuire, Dave^McGuire, Mike & KristinMcKay, Neil & JulieMcLaren, Mike & ColleenMcMillan Electric Company*McMillan, Doug & Ann*^McMillan, Mary B.McVay FoundationMcVay, MaryMedtronic, Inc.Mehrer, Roger & ColleenMelin, William & Marta RittenMendel, Roger & Jennifer^Mendenhall, Phil & KerryMerry, Graham & ElizabethMessner, Shawn & AngelinaMeyer, Paul & LesleyMielke, Joel & BarbaraMiller, JoMiller, Nate & JessicaMiller, Peter & MargaretMiller, Rich & LisaMingo, Guy & PatsyMinneapolis FoundationMinnesota Community FoundationMinor, Chris & CherylMissel, Keith & EllenMisselt, A. Lynn & ChristineMitchell, Jim & Cathy^ Mitchell, Peter & Katie BertelsonMix ManufacturingMoe, Jim & JanMohrlant, Mick & Marilynn*Moore, Richard & ValerieMoore, SteveMoore, Steve & WendyMooty, Bruce & TracyMorgan StanleyMorgan, Douglas & CathyMortensen, DanaMortenson Family FoundationMortenson, David & Kate

Moss, Kirk & DeborahMueller, Doug & SusanMulheran, BridgetMundt, MaxineMunson, LynnMurphy, Jean-MarieMuvundamina, GuislainMyers, KarenMysliviec, MelissaNaegele Family FundNaegele III, BobNaegele, Bob & Ellis*Nagel, Charles & MarjorieNaglak, David & JenniferNBW Insurance Group*NCCM CompanyNCCM Transformation FoundationNelson, CarolNelson, JohnNelson, KariNelson, MargaretNelson, MikeNelson, NorrineNelson, RyanNerbonne, John & EvalynNesvig, Kirk & Mary^Nesvig, Mark & JeanneNeterer, Mike & Sara^Network For Good Newcome, John & MargaretNewhouse, John & MargaretteNibbe, Randy^Nibbelink, Nelson & PhyllisNiblick, Mark & Sandra^Niccum, Brent & JewelsNicholson, David & Barbara*^Nicholson, Ford & CatherineNicholson, Todd & Martha*+Nickolay, CarterNiederloh, Chuck & PollyNiederloh, Dinah^Nix, George & DenaNoble, Tom & CynthiaNorman, Merl & Anna MaeNorthwood ChurchNoznesky, Nathan & DianeNuveen InvestmentsOak Park River Forest Community FoundationO'Brien, SusanOcenasek, Paul & SusanO'Connor, Timothy & DanaODonnell, TriciaOelschlager, AmyO'Keefe, Daniel & MaryOlander, Thomas & PamelaOlinger, StaceyOlsen, Thomas & PamelaOlson Family TrustOlson, Alton & RuthOlson, Andrew & NordisOlson, Brad & JessyOlson, BradyOlson, CindyOlson, Dan & Lucy^

Olson, Donald & KayeOlson, GenOlson, Jamie^Olson, Jay & KimOlson, JeanOlson, JoeyOlson, L. J.Olson, Leland & GretchenOlson, MaryOlson, Paul & PamOlson, Phil & Mary^Olson, Ray & DebbieOpdahl, StevenOsborn, DavidOsborn, JillOsilas FoundationOvergaard, Hiland & SonyaOxley, Claudia*Pagel FoundationPagel, Eric & JackiePagel, Jack & Karen^Pagel-Clemens, SandraPalen Family FoundationPalen, Greg & Peg^Pallet Service CorporationPalmer, ConnieParadis, Bruce & LisaPark Avenue United Methodist ChurchPastirik, JuliaPaul, John & JanetPaulsen, LukePaulson, Bruce & LoriPautsch, Mark & Jeannie^Payne, Kyle & Brooke WattersPearce, Brad & Sue^Pearson, Brent & JillPearson, MarkPearson, Peter & Mary AnnPeck, John & NancyPedersen, RachelPekarek, Jim & TracyPentair Management Company, Inc.Peregrine Capital Management Inc. Fund Perry, Dr. Mark & MaryPershingPetersen, Stephan & LaurettePeterson, Adam & AnniePeterson, Jason & BetsyPeterson, John & CarolynPeterson, LeeAnnPeterson, MarionPeterson, Thomas & SusanPeterson-Hilleque, Brent & VictoriaPetit, Barry & KittyPetrich Family Charitable FundPhillips, RyanPieper, Brad & Abbey^Pieper, Richard & KathyPinska, LawrencePitts, Mark & AllisonPleasant Ridge Community Church

Pliego Burgos, Jose Turijan & Adilene^Poole, Ron & MollyPoppinga, Eric & AmyPowell, Sid & JunePrebarich, JohnPrelude Homes & ServicesPrentiss, Robert & JudyProtzmann, JoePryor, AnnePugh, Doug & SharonPuzak, Gail & NicholasRabine, Gary & PaulaRacine, James & KatieRadke, Aaron & JessicaRadke, Jeff & JonelRaih, Thomas & MollieRamseyer, Paul & GraceRamstad, Jim & KathrynRay, Wyn & Sonja (Sunny)RBC FoundationReardon, LaurenceReck, Matthew & AllisonRecker, Rick & KarrieRector, JohnRediske, MarilynRegister, Alex & Charissa^Reich, KevinReimer, Lynn & BernaDeneReimer, William & Dolores^Reinke, RandyReitsema, Jeffrey & MollyRemus, Gary & BrendaRemus, LindsayRenaissance Charitable Foundation, Inc.Renovision LLCRetka, Darrell & SusanRice Community ChurchRichard M. Schulze Family FoundationRichert, David & MaryRiggott, Don & KathyRivard, RobertaRiverbridge Partners Community FundRiverway FoundationRixmann, Wayne & MaryRobert & Caroline Fullerton FundRobert & Diana Carter Family FundRoberts, Keith & KimRobertson, Gordy & RuthRobertson, Robert & LoisRobia, Elliot & MaryRodgers, Gloria Nelson & LarryRoebken, Kirk & MariannRoehl Family FoundationRoehl, Matthias & LindsayRoelike, B.J.Roff, Kyle & JacquieRoff, Randy & WendyRoger & Colleen Mehrer Family Charitable FundRolson, Chris

Ronning, Jay & TracyRontti, Deb & MitchRoof Spec, Inc.Root, HowardRosander, L.J. & P.J.Rose PresentsRoss, Brian & Linda*Ross, LouiseRoss, Shalom^Rouner, Arthur & Molly*Ruby, LaurettaRunning, James & PeggyRybarczyk, AlexRylander, Don & JeanneRymer, BenSabbann, Mike & Connie^Sagamore Institute, Saint Paul Foundation, TheSampson, SharonSamuelson, Kye & JuliaSanborn, Bruce & Thea^Sanders, MichaelSanders, Peter & Jada^Sanford C. Bernstein & Co., LLCSapp, LaurieSass, Thomas & JanetSchaap, Arlyn & BeaSchesvold, Stephen & JoanSchilling, HughSchmitt, Tom & LauraSchmoker, Dick & Kit^Schneider, MartySchneidermann, Kevin & LynSchoffman, PatrickSchool of Urban MinistrySchoolmeesters, Scott & LynnSchreier, TomSchrock, EricSchrock, Josh & AnnieSchulte, BarbySchumacher, David & MichelleSchumann, MikeSchwab CharitableScott Equipment CompanySea Foam Sales Company^Securian Financial Group, Inc.Security BenefitSee, Harold & BrendaSeiter, VincentSeitz, StephenSeleski, Patrick & NancySell, MargaretSell, Patrick & LaurenSenger, Dave & Karen^Sexton, AdamShaffer, Gary & SallyShaffer, Steve & BethShandorf, Peter & RobertaSharma, Vibhu & JuliaSharp, Gregory & SharlynShaughnessy, JudiShedd, Chris & LoriSheehan, Tim & Chris NaylorSheran, Daniel & NancyShirley, ElaineShowcase Builders, Inc.

Shreves, Margaret & Bill MarshallSiemon, Jeff & DawnSimon, StephanieSimonton, Wesley & SusanSimpson, Ken & KathySkinner, Robert & PhyllisSlamkowski, EdSmith, Cecil & Gwendolyn^Smith, Chris & Leslie^Smith, David & ElizabethSmith, Doug & Kris+^Smith, EmilySmith, Mark & RamonaSnoddy, Boyd & ShawnSoash, Christopher & BridgetSolimar, Keith & KarenSoltvedt, Nolan & EmilySolvie, Kieth & PamSommers, JanetSorenson, AnnSouth Dakota Community FoundationSpiegle, SarahSpreiter, John & MarySpreiter, Tim & JoyceSpringer, Jim & ClaudiaSproul, Ricky & MonicaSquires, Stuart & CarolynSt. Paul Linoleum & Carpet CoSt. Paul's Episcopal ChurchStauch, John & AnnStay At Home, Inc.Steege, Wayne & MissySteenrod, Barett & PaulaStenson, Kurt & SueStensrud, Patricia & BruceStewart, JohnStigman, Jim & StacyStone, Jeff & AliciaStone, Jeff & KathleenStrand, Dwayne & RitaStroia, Lindsay^Strole, Olov & HeidiStylmark, Inc.Sullivan, Brian & Mia*+^Sund, Matt & BrendaSundberg, CindySundquist, Dean & Amy*^Supportive Living Solutions, LLCSutton Norgren, HarrietSvendsen, B.N. & JoanSwan, Jamie & AngelaSwanson, HarlanSwanson, John & Sherry+Swanson, SkipSwedberg, ColleenSween, Thomas & JeanneSweet, EmilyT.I.H. FoundationTalberg, CherylTarget Take Charge of EducationTaylor, Mike & ShirleyTaylor, Robert & Mary

Telander, Bob & PegTemte, SusanTen Haken, Kylen & MarcyTerhuly Foundation Inc.Termont, Dave & DonnaTherkelsen, Dave & KaraThiessen, David & DarleneThode, BarbThomas, DavidThompson, Chris & SaraThompson, Dan & KristiThompson, Mark & KimberlyThompson, Tim & SandraThrivent Financial for Lutherans FoundationTiemann, Mark & LynnTierney, CharonTim Dwyer Farm TrustTimm, Chad & HeatherTita, Henry & ImmaculateToles, BillTolomaticTom, Marcus & ConnieTongen, Scott & PattiToresdahl, DanielleTorning, KaraTourek, SteveTowers, LincolnTransport Express, LLCTrautz, John & Jill^Treichler, Steve & CaroleTrottier, Terry & WendyTwietmeyer, Eric & EricaUmbel, Thomas & SuzieUnited Hardware Distributing CoUnited WayUpland & MarshUtne, ElizabethValMark Securities Global Gift Fund, TheVan Beek, Allen & SharonVan Schyndel, SaraVandenburgh, BeverlyVander Top, Vince & ValVander Wilt, JenniferVanderlaan, Nathan & MarieVanderveen, Douglas & MichelleVandoeren, Richard & KathleenVelin Family Charitable Fund, Verdoorn Foundation*Verdoorn, Jeff & JulieVerdoorn, Jim & StephanieVerdoorn, Sid & Carol*^Viehauser, AshleyVigstol, GregoryVinger, TheodoreVision WoodworkingVoelbel, Rich & LynnVohnoutka, JodiWaddell, BarbaraWade, Tom & KathiWahlstedt, Robert & AileenWald, Brandon & Bisola^Wald, James & Karen

Wallestad Foundation*Waltho, Craig & CynthiaWarland, Robert & MindyWatke, Roger & IleneWatkins, Willis & MaryWebber, Robert & CarrieWebster Jr., Chuck & KarinWebster, AnnWebster, Charles & Nancy+^Weiss, Bernard & DeborahWeiss, Tad & WendyWells Fargo Foundation (Comm)Wells Fargo Foundation (Educ)WEM FoundationWenner, Bob & CarolWessman, JoannWeston, MarleneWestra, Mark & SherriWhat is the Church?*Whiteoaks Foundation Fund, TheWiddifield, Michael & JenniferWiddifield, TerraWiens, Harold & ClaudiaWierzba, David & MelissaWight, Rob & AnneWilford, Lawrence & LindaWilhoit, Paul & TonyaWilkes, John & AnnWilliams, JoanWilliams, Troy & KatieWilschetz, AnnaWinsor, RenataWinter, Karen*Winter, RandiWischmeier, David & Traci*Wismer, LindaWisnewski, Paul & LoriWixon AdvisorsWixon Family Faith Fund, TheWixon, Bill & Renee*Wold, David & CatherineWolf, Phil & LoriWolfe, Sheldon & LindaWooddale Church*˙Woodhouse Family Foundation^Woodhouse, Kirt & Nicole^Wooldridge, Scott & KarenWright, Daniel & AmandaWyatt, Andy & LuannYancy, Eric & CarlettaYoung, Craig & RichelleYoung, Tim & LoisZager, AnnZeglen, Brian & MicheleZiegler, Nathan & Tennille^Ziegler, Peter & SueZimmerman, FredZipf, Cindy

GIFTS IN HONOR OFBergren, Laura Bergren, Allan & Theresa

Bertelson, Mr. & Mrs. Vohnoutka, JodiBird, Jeff & Widdy Shreves, Margaret & Bill MarshallBroten, Serenity Mabel Broten, Deland & GloriaBusby, Taron Bennett, JanetDanielson, Ben & Kathy Lohrenz, Wes & AngelaEdgerton, J. Gesell, James & TeddyEdgerton, John B. III Toresdahl, DanielleGruba, Geoffrey Zager, AnnHarris, Debbie Butters, Paul & TamiLehn, Emma, Molly & Charlie Lehn, Mike & ShannaNiederloh, Dinah Bell, Dwain & Marian NiederlohNoreen, Ruth Herweyer, Donald Pagel, Karen Canfield, Frank & Karin Pagel-Clemens, SandraRacine, James & Katie Grace Upon Grace Mooty Family FoundationReiff, Elizabeth Reck, Matthew & AllisonRoelike, BJ Heitman, LynnWebster, Chuck & Karin Holden, David & EllenWestra, Mark Westra, Mark & SherriWilliams, Aaron Cole, JaneWismer, Stephen Wismer, LindaZiegler, Nathan Feltmann, Allan & Teresa

GIFTS IN MEMORY OFBoss, Joyce Joyce Boss EstateBuller, Noelle Bishop, Lucy House, Charles & FayeCarter, Jason Ray, Wyn & Sonja (Sunny)Delle Fontane, Mary Beth Jeff & Suzanne CastleDuelo, Nicholas P. Duelo, PeteDwyer, Tim Tim Dwyer Farm TrustGoold, Rev. Steve Shedd, Chris & LoriHackworthy, Nancy Solimar, Keith & KarenHarder, Kent

Canfield, Frank & KarinHopfenspirger, Larry 5733 Minnehaha, LLC Bellin, Joseph Bonner, John Boyum, Norlin Byrne, Martin & Jill Coniaris, Paul & Beverly Dagoberg, Timothy & Pamela Dryden, Beth Eisenberg, Max & Peggie Finkelstein, Mike Fleck, Sheldon & Terry Fuller, Frank & Lisa Hornig, David & Barbara Hornig Insurance Agency, Inc. Klaras, Cynthia Klaras, Daniel & Lisa Main Street Companies, Inc. McGrath, Bruce & Brenda Melin, William & Marta Ritten Prebarich, John Pryor, Anne Puzak, Gail & Nicholas Reardon, Laurence Roof Spec, Inc. Schoffman, Patrick Seiter, Vincent Sproul, Ricky & MonicaJohnson, Larry D. Aldrich, Myron & Lois Besst, James & Katheryn Bluml, Jackie & Steve Brink, David Craft, Glenn & Cheryl Ehalt, Richard & Mary Hendrickson, Dean & Tohni Johnson, JoAnne Johnson, Steve & Laura Joswiak, Larry & Sharon Knutti, John & Peggy Levin, Milton (Mickey) Rector, John Sharp, Gregory & Sharlyn Stensrud, Patricia & Bruce Stylmark, Inc. Velin Family Charitable Fund Vision Woodworking Wessman, JoannLaurion, David C Laurion, LianeLorentzsen, Norman Boller, Richard & Sandra Crist, Tom & Ann Finell, James & Susan Fremont, Dan & Cindy Jungbluth, Robert & Diane Kellerman, Calvin Russell Liebers, Marvin & Mary Ellen Lundin, David & Kathleen Morgan, Douglas & Cathy

Nesvig, Mark & Jeanne Radke, Jeff & Jonel Sapp, Laurie Smith, David & Elizabeth Stenson, Kurt & Sue The Saint Paul FoundationMitchell, Jean Bertelson, Todd & MaryNelson, Prince Rogers Nelson, NorrineOlson, Todd Munson, LynnPerkins, David M. Perkins, Tim & KataPinkey, Joan French, JanetTjaden, Bonnie Bertelson, Todd & Mary

A SPECIAL THANKS TO OUR MISSIONS TRIP DONORS!

Hope A

cademy

Annual R

eport 2016-2017

22

Financial SummaryAugust 1, 2016 - July 31, 2017

Donations - Annual Fund

School Tuition and Fees

Other Income

Donations

Phase I Expenses

Current Assets

Fixed Assets

Annual Fund Donations for the 17-18 school year

Other Liabilities

Total Equity

Salary and Benefits

Administration Expenses

Development

Admission and Family Ministry

Classroom Expenses

Information Technology

Athletics/Extracurricular

Facility

Operational Reserves

$4,129,250

$490,132

$3,467

$4,291,885

$1,708,232

$6,656,000

$2,397,000

$998,100

$1,571,900

$6,483,000

$3,410,794

$139,605

$55,607

$19,772

$70,379

$44,033

$51,433

$535,110

$4,000,000

$435,069

$0

$3,513,854

$155,472

$59,450

$10,750

$65,688

$40,800

$56,835

$532,220

$4,622,849

$2,583,653

$9,053,000

$9,053,000

$4,326,733

$296,116

2016-2017 Actuals

2016-2017 Operating Budget

$4,435,069

$4,435,069

0

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. 2. 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 2016-2017 audit was not finished at the time of publication.

IncomeGrowing Hope Capital Campaign Fund

Assets

Liability and Equity

Expense

Total Income

Net Fund Balance

Total Assets

Total Liabilities & Equity

Total Expense

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