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Nonprofit · EIN 20-4705409

FUTURE AND HOPE INC

Tax-exempt · JEROME, ID 83338

Financials

$407K$378K2023$276K$267K2024
Revenue Expenses · by fiscal year end
Financials of FUTURE AND HOPE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$275,854$266,980$8,874$1,945,258$0$1,945,258
December 31, 2023990$406,577$377,648$28,929$1,936,384$0$1,936,384
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$275,672
Program service revenue
$0
Investment income
$182
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Depreciation
$13,208
Program services (functional)
$266,980

Balance sheet and other

Total assets, start of year
$1,936,384
Total assets, end of year
$1,945,258
Total liabilities, end of year
$0
Net assets, end of year
$1,945,258
Land, buildings and equipment
$528,651
Publicly traded securities
$980,293
Net assets without donor restrictions
$1,945,258
Gross receipts
$275,854
Employees
0

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
TRACY HILLSPresident
Trustee or director, Officer
20$0
JERRE HILLSDIRECTOR
Trustee or director, Officer
2$0
ERICA EVANSDirector
Trustee or director
1$0
LORI DONALDSONDirector
Trustee or director
2$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
TRACY HILLSPresident
Trustee or director, Officer
20$0
JERRE HILLSDIRECTOR
Trustee or director, Officer
2$0
ERICA EVANSDirector
Trustee or director
1$0
LORI DONALDSONDirector
Trustee or director
2$0

Address and contacts

Address (IRS master file)
59 W 600 S, JEROME, ID 83338-6010
Signed the 990
TRACY HILLS, Executive Director
Return prepared by
RiverCrest CPAs PLLC

Mission

ADOPTION AND EDUCATION. THE ORGANIZATION CONTINUES PROGRAMS TO ASSIST WITH THE ADOPTION AND EDUCATION OF ORPHANS IN MALAWI AFRICA.

990 for the year ended December 31, 2024

Program accomplishments

  • PROGRAM SERVICES INCLUDES HOUSING AND EDUCATION IN FORMAL FACILITIES LOCATED ON PROPERTY OWNED BY THE ORGANIZATION IN MALAWI AFRICA. CONTRIBUTIONS COME FROM PUBLIC DONATIONS. EXPENSES ARE INCURRED FOR TEACHERS, HOUSE MOTHERS, OTHER LABORERS, FOOD, FARMING SUPPLIES, AND EDUCATION SUPPLIES.
    Expenses $266,980

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
20-4705409
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P31)
Assets (IRS master file)
$1,945,258
Income (IRS master file)
$275,854

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$275,854$266,980$1,945,258IRS
990December 2023$406,577$377,648$1,936,384XML
990December 2022$273,943$131,970$1,907,455IRS
990December 2021$247,421$110,054$1,765,482IRS
990December 2020–––IRS
990December 2018–––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 20-4705409).

Questions about FUTURE AND HOPE INC

What is the EIN of FUTURE AND HOPE INC?
The employer identification number (EIN) of FUTURE AND HOPE INC is 20-4705409.
Is FUTURE AND HOPE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to FUTURE AND HOPE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FUTURE AND HOPE 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 FUTURE AND HOPE 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 FUTURE AND HOPE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of FUTURE AND HOPE INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does FUTURE AND HOPE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $275,854, expenses of $266,980 and total assets of $1,945,258 at year end.

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