Nonprofit · EIN 20-8871117
PROJECT HAVE HOPE INC
Tax-exempt · MALDEN, MA 02148
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $211,131 | $208,915 | $2,216 | $42,859 | $5,213 | $37,646 |
| December 31, 2024 | 990 | $149,773 | $155,304 | -$5,531 | $43,427 | $7,997 | $35,430 |
| December 31, 2023 | 990-EZ | $135,479 | $123,748 | $11,731 | $40,961 | $0 | $40,961 |
| December 31, 2021 | 990-EZ | $135,607 | $140,454 | -$4,847 | $29,310 | $3,641 | $25,669 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $67,835
- Program service revenue
- $0
- Investment income
- $0
- Net income from sales of inventory
- $143,296
- Other revenue
- $143,296
Expenses
- Grants and similar amounts paid
- $51,200
- Compensation of officers, directors and key employees
- $74,400
- Salaries, compensation and benefits (total)
- $80,188
- Professional fundraising fees
- $0
- Accounting fees
- $2,781
- Program services (functional)
- $177,526
- Management and general (functional)
- $21,127
- Fundraising (functional)
- $10,262
Balance sheet and other
- Total assets, start of year
- $43,427
- Total assets, end of year
- $42,859
- Total liabilities, end of year
- $5,213
- Net assets, end of year
- $37,646
- Net assets without donor restrictions
- $37,646
- Gross receipts
- $264,983
- Employees
- 1
- Volunteers
- 3
- Year formed
- 2006
- State of legal domicile
- MA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN SPARACIO | PRESIDENT FOUNDING DIRECTOR Trustee or director, Officer | 50 | $74,400 |
| LISA LUCIANO | SECRETARYCLERK Trustee or director, Officer | 4 | $0 |
| ANNA CIULLA | TREASURER Trustee or director, Officer | 4 | $0 |
| AGNES PORTLALEWSKA | VICE PRESIDENT Trustee or director, Officer | 4 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN SPARACIO | PRESIDENT FOUNDING DIRECTOR Trustee or director, Officer | 50 | $71,500 |
| LISA LUCIANO | SECRETARYCLERK Trustee or director, Officer | 4 | $0 |
| ANNA CIULLA | TREASURER Trustee or director, Officer | 4 | $0 |
| AGNES PORTLALEWSKA | VICE PRESIDENT Trustee or director, Officer | 4 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN SPARACIO | PRESIDENT FOUNDING DIRECTOR | 50 | $64,500 |
| LISA LUCIANO | SECRETARYCLERK | 4 | $0 |
| ANNA CIULLA | TREASURER | 4 | $0 |
| AGNES PORTLALEWSKA | VICE PRESIDENT | 4 | $0 |
990-EZ for the year ended December 31, 2021: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN SPARACIO | PRESIDENT FOUNDING DIRECTOR | 50 | $48,000 |
| LISA LUCIANO | SECRETARYCLERK | 4 | $0 |
| ANNA CIULLA | TREASURER | 4 | $0 |
| AGNES PORTLALEWSKA | BOARD MEMBER | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 92 HANCOCK ST, MALDEN, MA 02148-7704
- In care of
- % KAREN SPARACIO
- Signed the 990
- KAREN SPARACIO, PRESIDENT FOUNDING DIRECTOR
- Phone
- (339) 206-4626
- Website
- projecthavehope.org
- Return prepared by
- John M Monticone CPA
Mission
Project Have Hope seeks to empower women in the Acholi Quarter of Uganda by providing education to both women and their children and assisting the women to establish business oportunities to promote economic stability and sustainability.
Program accomplishments
- SCHOOL FEES/ CHILD SPONSORSHIP: Project Have Hope currently sponsors over 100 children and teenagers ranging from age 5 to 21. Project Have Hope enrolls children in day schools and boarding schools in order to best suit the individual needs of children and their families. The two day schools, Good Daddy and Kireka Hill, are among the best performing schools in the country. The two boarding schools, St. Kizito and St. John Bosco, are high quality Catholic schools in the area. Project Have Hope has no religious affiliation nor does it promote particular religious beliefs; all of the schools we work with have been chosen for the quality of education they provide. All four schools encourage academic excellence and have a diverse student body.Expenses $155,226 · grants $28,900
- School Breakfast Program: During the current year, Project Have Hope has instituted a breakfast program in which 200 children receive porridge 5 days a week. Breakfast is served before the children leave for school in the morning. During breaks between school terms, 300 children are served breakfast.Expenses $17,500 · grants $17,500
- VOCATIONAL PROJECT: Project Have Hope provides a variety of vocational training through local schools for women who wish to continue their studies or learn specific skills. Courses vary according to a womans particular interests. To date, courses have included catering, hairstyling and salon management, tailoring, knitting, computer and general office skills studies, and drivers education.Expenses $4,800 · grants $4,800
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 20-8871117
- 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
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q30)
- Assets (IRS master file)
- $42,859
- Income (IRS master file)
- $264,983
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $211,131 | $208,915 | $42,859 | XML |
| 990 | December 2024 | $149,773 | $155,304 | $43,427 | IRS |
| 990-EZ | December 2023 | $135,479 | $123,748 | $40,961 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | $135,607 | $140,454 | $29,310 | XML |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 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 20-8871117).
Questions about PROJECT HAVE HOPE INC
- What is the EIN of PROJECT HAVE HOPE INC?
- The employer identification number (EIN) of PROJECT HAVE HOPE INC is 20-8871117.
- Is PROJECT HAVE HOPE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to PROJECT HAVE HOPE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROJECT HAVE 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 PROJECT HAVE HOPE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROJECT HAVE HOPE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of PROJECT HAVE HOPE INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $74,400 (KAREN SPARACIO, PRESIDENT FOUNDING DIRECTOR).
- How much revenue does PROJECT HAVE HOPE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $211,131, expenses of $208,915 and total assets of $42,859 at year end.
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All nonprofits in MALDEN · Massachusetts · International, foreign affairs and national security