Skip to main content

Nonprofit · EIN 20-1579326

MARCH FORTH WITH HOPE FOUNDATION INC

Tax-exempt (reinstated) · INDIAN TRAIL, NC 28079

Financials

$69K$65K2024
Revenue Expenses · by fiscal year end
Financials of MARCH FORTH WITH HOPE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$69,400$64,630$4,770$273,162$111,700$161,462
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$60,468
Program service revenue
$0
Investment income
$23
Other revenue
$8,909

Expenses

Grants and similar amounts paid
$12,850
Salaries, compensation and benefits (total)
$13,566
Professional fundraising fees
$0
Legal fees
$563
Accounting fees
$1,850
Occupancy
$8,383
Travel
$2,310
Program services (functional)
$13,413
Management and general (functional)
$21,226
Fundraising (functional)
$29,991

Balance sheet and other

Total assets, start of year
$268,292
Total assets, end of year
$273,162
Total liabilities, end of year
$111,700
Net assets, end of year
$161,462
Net assets without donor restrictions
$161,462
Gross receipts
$69,400
Employees
0
Volunteers
5
Year formed
2004
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
KEVIN DONNALLEYDIRECTOR
Trustee or director
–$0
JERRY GREGORYDIRECTOR
Trustee or director
–$0
JAN HARPERDIRECTOR
Trustee or director
–$0
MICHAEL LEEDIRECTOR
Trustee or director
–$0
LYNDSEY STOGDILLDIRECTOR
Trustee or director
–$0
SHELBY STOUTVP/SECRETARY
Trustee or director, Officer
–$0
STUART STOUTPRESIDENT/TR
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
6720 OLD MONROE ROAD STE B 222, INDIAN TRAIL, NC 28079-5353
In care of
% STUART STOUT
Principal officer (990 for 2024)
STUART STOUT, 6720 OLD MONROE RD SUITE B 222, INDIAN TRAIL, NC 28079
Signed the 990
STUART STOUT, PRESIDENT/TREASURER
Phone
(704) 578-0802
Return prepared by
RATLEDGE WELCH & CREWS PA

Mission

MARCH FORTH WITH HOPE FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO FAMILIES BATTLING CANCER OR OTHER LIFE-THREATENING DISEASES. THE FOUNDATION HOLDS AN ANNUAL BLACK TIE GALA AND VARIOUS OTHER FUNDRAISING EVENTS.

990 for the year ended December 31, 2024

Program accomplishments

  • GRANTS ARE MADE TO COVER BASIC LIVING EXPENSES WHILE FAMILIES ARE BATTLING CANCER OR OTHER LIFE-THREATENING DISEASES. THE FOUNDATION HAS HELPED MORE THAN 386 FAMILIES YEAR TO DATE.
    Expenses $12,850 · grants $12,850
  • FUNDS DONATED TO OTHER EXEMPT ORGANIZATIONS COMMITTED TO HELPING FAMILIES IN NEED OF ASSISTANCE DUE TO FAMILY ILLNESSES OR TRAGEDY.
    Expenses $563

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-1579326
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$273,162
Income (IRS master file)
$69,400

Revocation and reinstatement

Exemption revoked
May 15, 2011
Posted by the IRS
February 22, 2012
Reinstated
Effective March 15, 2012

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$67,426$94,557$268,292IRS
990December 2022$113,793$102,926$295,423IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about MARCH FORTH WITH HOPE FOUNDATION INC

What is the EIN of MARCH FORTH WITH HOPE FOUNDATION INC?
The employer identification number (EIN) of MARCH FORTH WITH HOPE FOUNDATION INC is 20-1579326.
Is MARCH FORTH WITH HOPE FOUNDATION INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2011 and reinstated it effective March 15, 2012.
Are donations to MARCH FORTH WITH HOPE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MARCH FORTH WITH HOPE FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MARCH FORTH WITH HOPE FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARCH FORTH WITH HOPE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MARCH FORTH WITH HOPE FOUNDATION INC?
The 990 for the year ended December 31, 2024 names STUART STOUT.
Who are the officers and directors of MARCH FORTH WITH HOPE FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does MARCH FORTH WITH HOPE FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $69,400, expenses of $64,630 and total assets of $273,162 at year end.

Other nonprofits in INDIAN TRAIL

All nonprofits in INDIAN TRAIL · North Carolina · Philanthropy, voluntarism and grantmaking foundations