Nonprofit · EIN 20-1674258
REASON FOR OUR HOPE FOUNDATION INC
Tax-exempt · ERIE, PA 16509
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $511,809 | $484,293 | $27,516 | $1,172,650 | $0 | $1,172,650 |
| December 31, 2023 | 990 | $495,177 | $478,000 | $17,177 | $1,145,134 | $0 | $1,145,134 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $334,314
- Program service revenue
- $164,928
- Investment income
- $9,250
- Royalties
- $354
- Net income from sales of inventory
- -$3,289
- Other revenue
- $3,317
Expenses
- Grants and similar amounts paid
- $37,479
- Other salaries and wages
- $201,038
- Salaries, compensation and benefits (total)
- $222,050
- Professional fundraising fees
- $0
- Occupancy
- $26,422
- Travel
- $5,170
- Depreciation
- $33,373
- Program services (functional)
- $248,771
- Management and general (functional)
- $224,374
- Fundraising (functional)
- $11,148
Balance sheet and other
- Total assets, start of year
- $1,145,134
- Total assets, end of year
- $1,172,650
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,172,650
- Land, buildings and equipment
- $608,707
- Net assets without donor restrictions
- $1,172,650
- Gross receipts
- $530,474
- Employees
- 5
- Volunteers
- 0
- Year formed
- 2004
- State of legal domicile
- PA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAUREEN TRABOLD | EXECUTIVE DIRECTOR Trustee or director | 40 | $67,253 |
| FATHER LARRY RICHARDS | PRESIDENT Trustee or director, Officer | 20 | $0 |
| DEBRA A THOMPSON | SECRETARY Trustee or director, Officer | 1 | $0 |
| SCOTT L WALLEN | BOARD MEMBER Trustee or director | 1 | $0 |
| DANIEL SCHAAF | BOARD MEMBER Trustee or director | 1 | $0 |
| JOE PIZZINO | BOARD MEMBER Trustee or director | 1 | $0 |
| JAMES MCCARTHY | BOARD MEMBER Trustee or director | 1 | $0 |
| ERIK HISS | BOARD MEMBER Trustee or director | 1 | $0 |
| ANDREW NOLL | BOARD MEMBER Trustee or director | 1 | $0 |
| MIKE BISHOP | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN SAXON | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAUREEN TRABOLD | EXECUTIVE DIRECTOR Trustee or director | 40 | $63,803 |
| FATHER LARRY RICHARDS | PRESIDENT Trustee or director, Officer | 20 | $0 |
| DEBRA A THOMPSON | SECRETARY Trustee or director, Officer | 1 | $0 |
| SCOTT L WALLEN | BOARD MEMBER Trustee or director | 1 | $0 |
| DANIEL SCHAAF | BOARD MEMBER Trustee or director | 1 | $0 |
| JOE PIZZINO | BOARD MEMBER Trustee or director | 1 | $0 |
| JAMES MCCARTHY | BOARD MEMBER Trustee or director | 1 | $0 |
| ERIK HISS | BOARD MEMBER Trustee or director | 1 | $0 |
| ANDREW NOLL | BOARD MEMBER Trustee or director | 1 | $0 |
| MIKE BISHOP | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN SAXON | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4506 MILLER AVE, ERIE, PA 16509-1316
- In care of
- % NANCY MURRAY
- Principal officer (990 for 2024)
- MAUREEN TRABOLD, 4506 MILLER AVENUE, ERIE, PA 16509
- Signed the 990
- MAUREEN TRABOLD, EXECUTIVE DIRECTOR
- Phone
- (814) 455-7364
- Website
- WWW.THEREASONFOROURHOPE.ORG
- Return prepared by
- HEBERLEIN & FALK PC
Mission
THE MISSION IS TO SPREAD THE GOOD NEWS OF JESUS CHRIST AND HIS CHURCH THROUGH VARIOUS MULTIMEDIA RESOURCES AND TO MAKE AVAILABLE CATHOLIC SPEAKERS WHO ARE EFFECTIVE INSTRUMENTS OF THIS EVANGELIZATION.
Program accomplishments
- THE ORGANIZATION SPREADS THE GOSPELS BY CONDUCTING AND PROVIDING SPEAKERS FOR CONFERENCES AND RETREATS AND ALSO BY SALES OF RELATED MEDIA PRODUCTS.Expenses $248,771 · grants $37,479 · revenue $167,891
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1674258
- 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
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X22)
- Assets (IRS master file)
- $1,172,650
- Income (IRS master file)
- $530,474
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $511,809 | $484,293 | $1,172,650 | XML |
| 990 | December 2023 | $495,177 | $478,000 | $1,145,134 | XML |
| 990 | December 2022 | $550,938 | $542,909 | $1,130,703 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 20-1674258).
Questions about REASON FOR OUR HOPE FOUNDATION INC
- What is the EIN of REASON FOR OUR HOPE FOUNDATION INC?
- The employer identification number (EIN) of REASON FOR OUR HOPE FOUNDATION INC is 20-1674258.
- Is REASON FOR OUR HOPE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to REASON FOR OUR HOPE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does REASON FOR OUR 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 REASON FOR OUR 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 REASON FOR OUR 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 REASON FOR OUR HOPE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names MAUREEN TRABOLD.
- Who are the officers and directors of REASON FOR OUR HOPE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $67,253 (MAUREEN TRABOLD, EXECUTIVE DIRECTOR).
- How much revenue does REASON FOR OUR HOPE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $511,809, expenses of $484,293 and total assets of $1,172,650 at year end.
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