Nonprofit · EIN 20-5252137
LIFE OF HOPE
Tax-exempt (reinstated) · BROOKLYN, NY 11203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,663,195 | $866,026 | $3,797,169 | $4,268,798 | $36,582 | $4,232,216 |
| June 30, 2024 | 990 | $1,039,311 | $702,290 | $337,021 | $4,167,503 | $3,732,456 | $435,047 |
| June 30, 2023 | 990 | $527,060 | $581,109 | -$54,049 | $124,191 | $23,502 | $100,689 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $4,663,152
- of which government grants
- $4,529,333
- Program service revenue
- $0
- Investment income
- $43
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $99,751
- Other salaries and wages
- $225,536
- Salaries, compensation and benefits (total)
- $349,936
- Professional fundraising fees
- $0
- Occupancy
- $54,897
- Travel
- $24,253
- Depreciation
- $111,270
- Program services (functional)
- $556,468
- Management and general (functional)
- $259,796
- Fundraising (functional)
- $49,762
Balance sheet and other
- Total assets, start of year
- $4,167,503
- Total assets, end of year
- $4,268,798
- Total liabilities, end of year
- $36,582
- Net assets, end of year
- $4,232,216
- Land, buildings and equipment
- $3,587,697
- Publicly traded securities
- $10,000
- Net assets without donor restrictions
- $4,232,216
- Gross receipts
- $4,663,195
- Employees
- 20
- Year formed
- 2006
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| POREZ LUXAMA | EXECUTIVE DI Trustee or director, Officer | 40 | $81,731 |
| CAROLANN JOHNS | DEPUTY DIREC Trustee or director | 40 | $18,020 |
| HOGLA FORESTE | SECRETARY Trustee or director | – | $0 |
| LISA FRANTZEN | CORRESPONDEN Trustee or director | – | $0 |
| MAX SAURAY | TREASURER Trustee or director | – | $0 |
| STEVEN POLIVY | LEGAL ADVISO Trustee or director | – | $0 |
| FR JUAN LUXAMA | CHAIRMAN Trustee or director | – | $0 |
| DR FANELL ALERTE | VICE CHAIRMA Trustee or director | – | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| POREZ LUXAMA | EXECUTIVE DI Trustee or director, Officer | 40 | $68,854 |
| CAROLANN JOHNS | DEPUTY DIREC Trustee or director | 40 | $10,500 |
| GEORGE ALBRO | LEGAL ADVISO Trustee or director | – | $0 |
| HOGLA FORESTE | SECRETARY Trustee or director | – | $0 |
| LISA FRANTZEN | PRESIDENT Trustee or director | – | $0 |
| EDDIE KAY | VICE PRESIDE Trustee or director | – | $0 |
| FR JUAN LUXAMA | CHAIRMAN Trustee or director | – | $0 |
| MAX SAURAY | TREASURER Trustee or director | – | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| POREZ LUXAMA | EXECUTIVE DI Trustee or director, Officer | 40 | $55,908 |
| CAROLANN JOHNS | CORRESPONDEN Trustee or director | 10 | $11,000 |
| FR JUAN LUXAMA | CHAIR Trustee or director | 0 | $0 |
| DR CHRISTINA PARDO | VICE CHAIR Trustee or director | 0 | $0 |
| HOGLA FORESTE | SECRETARY Trustee or director | 0 | $0 |
| MAX SAURAY | TREASURER Trustee or director | 0 | $0 |
| LISA FRANTZEN | ADVISORY COU Trustee or director | 0 | $0 |
| SARANA PURCELL | ADVISORY COU Trustee or director | 0 | $0 |
| LOVELY PAULEMON | ADVISORY COU Trustee or director | 0 | $0 |
| SADOQI MOSTAFA | ADVISORY COU Trustee or director | 0 | $0 |
| JEAN MIRVIL | ADVISORY COU Trustee or director | 0 | $0 |
| DR FANELL ALERTE | ADVISORY COU Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1377 BROOKLYN AVE, BROOKLYN, NY 11203-5518
- In care of
- % POREZ LUXAMA
- Mailing address (990-N for 2016)
- 332 East 32 Street, Brooklyn NY 11226
- Principal officer (990 for 2024)
- POREZ LUXAMA, 710 EAST 37TH ST, BROOKLYN, NY 11203
- Principal officer (990-N for 2016)
- Porez Luxama, 1716 Caton Avenue, Brooklyn NY 11226
- Signed the 990
- POREZ LUXAMA, EXECUTIVE DIRECTOR
- Phone
- (917) 216-3137
- Website
- www.lohnyc.org
- Return prepared by
- KKM CPA ASSOCIATES PLLC
Mission
LIFE OF HOPE CENTER IS A MULTIFACETED COMMUNITY-BASED ORGANIZATION WHICH FOSTERS GREATER OPPROTUNITIES FOR YOUTHS, ADULTS AND FAMILIES IN CENTRAL BROOKLYN, WITH A FOCUS ON IMMIGRANTS.
Program accomplishments
- LIFE OF HOPE CENTER SEEKS TO POSITIVELY IMPACT THE LIVES OF YOUTH AND FAMILIES IN CENTRAL BROOKLYN, CREATING HOPE AND CPACITY IN EDUCATION AND ECONOMIC OPPORTUNITY.Expenses $337,159 · revenue $4,663,152
- LIFE OF HOPE CENTER SEEKS TO POSITIVELY IMPACT THE LIVES OF YOUTH AND FAMILIES IN CENTRAL BROOKLYN, CREATING HOPE AND CAPACITY IN EDUCATION AND ECONOMIC OPPORTUNITY.Expenses $219,309
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-5252137
- 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
- 2013
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P84)
- Assets (IRS master file)
- $4,268,798
- Income (IRS master file)
- $4,663,195
Revocation and reinstatement
- Exemption revoked
- November 15, 2010
- Posted by the IRS
- May 13, 2013
- Reinstated
- Effective December 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,663,195 | $866,026 | $4,268,798 | XML |
| 990 | June 2024 | $1,039,311 | $702,290 | $4,167,503 | IRS |
| 990 | June 2023 | $527,060 | $581,109 | $124,191 | XML |
| 990 | June 2022 | $530,232 | $378,888 | $176,757 | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-N for 2016 Officer: Porez Luxama | June 30, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
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 20-5252137).
Questions about LIFE OF HOPE
- What is the EIN of LIFE OF HOPE?
- The employer identification number (EIN) of LIFE OF HOPE is 20-5252137.
- Is LIFE OF HOPE tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2010 and reinstated it effective December 15, 2012.
- Are donations to LIFE OF HOPE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIFE OF HOPE 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 LIFE OF HOPE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LIFE OF HOPE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LIFE OF HOPE?
- The 990 for the year ended June 30, 2025 names POREZ LUXAMA.
- Who are the officers and directors of LIFE OF HOPE?
- The 990 for the year ended June 30, 2025 lists 8 people; 2 received compensation from the organization, the highest $81,731 (POREZ LUXAMA, EXECUTIVE DI).
- How much revenue does LIFE OF HOPE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,663,195, expenses of $866,026 and total assets of $4,268,798 at year end.
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