Skip to main content

Nonprofit · EIN 27-0863959

HOPE VENTURE

Tax-exempt · LINCOLN, NE 68508

Financials

$1.5M$1.5M2023$1.7M$1.5M2024$2.8M$1.6M2025
Revenue Expenses · by fiscal year end
Financials of HOPE VENTURE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,793,679$1,588,424$1,205,255$1,891,184$6,659$1,884,525
December 31, 2024990$1,664,654$1,476,832$187,822$685,876$6,605$679,271
December 31, 2023990$1,500,776$1,462,506$38,270$506,543$15,095$491,448
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$2,831,268
Program service revenue
$0
Investment income
$24,421
Net income from fundraising events
-$62,010
Other revenue
-$62,010

Expenses

Grants and similar amounts paid
$943,120
Compensation of officers, directors and key employees
$64,193
Other salaries and wages
$326,638
Salaries, compensation and benefits (total)
$482,597
Professional fundraising fees
$0
Legal fees
$28
Accounting fees
$3,566
Occupancy
$19,163
Travel
$32,276
Program services (functional)
$1,090,447
Management and general (functional)
$146,589
Fundraising (functional)
$351,388

Balance sheet and other

Total assets, start of year
$685,876
Total assets, end of year
$1,891,184
Total liabilities, end of year
$6,659
Net assets, end of year
$1,884,525
Publicly traded securities
$202,537
Net assets without donor restrictions
$1,884,525
Gross receipts
$2,855,689
Employees
15
Volunteers
100
Year formed
2009
State of legal domicile
NE

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.

NameTitleHours / weekCompensation
CYNTHIA PETERSENEXECUTIVE DIRECTOR
Trustee or director, Officer, Highest-paid employee
45$60,203
MEGHAN HARLANBOARD MEMBER
Trustee or director
1$0
MOLLY BURGHERBOARD MEMBER, SECRETARY
Trustee or director, Officer
1$0
AMBER DAVISBOARD MEMBER
Trustee or director
1$0
AMY AUCH MOEDYBOARD, CHAIR
Trustee or director, Officer
1$0
MATTHEW RELIHANTREASURER
Trustee or director, Officer
1$0
TREY MCGRUDERBOARD MEMBER, VICE CHAIR
Trustee or director, Officer
1$0
ED OSBORNBOARD MEMBER
Trustee or director
0$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensation
CYNTHIA PETERSENEXECUTIVE DIRECTOR, CHAIR
Trustee or director, Officer, Key employee, Highest-paid employee
45$50,728
BEN COHOONSECRETARY
Trustee or director
1$0
TRAMAINE COMBSBOARD MEMBER
Trustee or director
1$0
MEGHAN HARLANBOARD MEMBER
Trustee or director
1$0
MOLLY BURGHERBOARD MEMBER
Trustee or director
1$0
AMBER DAVISBOARD MEMBER
Trustee or director
1$0
AMY AUCH MOEDYBOARD VICE CHAIR
Trustee or director, Officer
1$0
AUSTIN EDWARDSBOARD MEMBER
Trustee or director
1$0
MATTHEW RELIHANTREASURER
Trustee or director, Officer
1$0
TREY MCGRUDERBOARD MEMBER
Trustee or director
1$0
ED OSBORNBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
CYNTHIA PETERSENEXECUTIVE DIRECTOR
Trustee or director, Officer
40$38,333
JOHN KROEKERVICE CHAIRMAN
Trustee or director, Officer
1$0
CODY COLGROVETREASURER
Trustee or director, Officer
1$0
BEN COHOONSECRETARY
Trustee or director, Officer
1$0
TRAMAINE COMBSBOARD MEMBER
Trustee or director
1$0
MARLA STYLESBOARD MEMBER
Trustee or director
1$0
MEGHAN HARLANBOARD MEMBER
Trustee or director
1$0
MOLLY BURGHERBOARD MEMBER
Trustee or director
1$0
AMBER DAVISBOARD MEMBER
Trustee or director
1$0
AMY AUCH MOEDYBOARD MEMBER
Trustee or director
1$0
AUSTIN EDWARDSBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
315 S 9TH ST STE 200, LINCOLN, NE 68508-2283
Principal officer (990 for 2025)
Cynthia Petersen, 7515 Whitlock Place, Lincoln, NE 68516
Signed the 990
Cynthia Petersen, Director
Phone
(402) 802-8296

Mission

THE HOPE VENTURE EXISTS TO BRING HOPE AND DIGNITY TO THE MOST DISADVANTAGED PEOPLE THROUGH EDUCATION AND HEALTH PROJECTS.

990 for the year ended December 31, 2025

Program accomplishments

  • STUDENTS: THE HOPE VENTURE FINISHED 2025 BY SUPPORTING 606 TOTAL STUDENTS WITH THEIR EDUCATION, IN SUB-SAHARAN AFRICA AND SOUTH ASIA. THIS PROJECT PRIMARILY HELPS HIGH SCHOOL STUDENTS IN KENYA, WHERE THE DROPOUT RATE BY HIGH SCHOOL HAS BEEN EXTREMELY HIGH. IN ADDITION TO THAT, THIS PROJECT ALSO SPONSORS A FEW STUDENTS IN UGANDA, AS WELL AS HELPS SCHOLARSHIP STUDENTS IN KENYA, RWANDA, AND SOUTH ASIA.
    Expenses $453,001 · grants $453,001
  • HEALTH CENTERS: IN 2025, THE HOPE VENTURE WAS ABLE TO HELP OVER 12,000 PEOPLE THROUGH OUR HEALTH CENTERS IN UGANDA AND INDIA. FROM CLINICS IN LARGE CITIES, TO A LEPROSY CENTER, TO OUTREACHES TO SURROUNDING RURAL VILLAGES, WE WERE ABLE TO SAVE LIVES AND BRING HOPE AND DIGNITY TO MANY.
    Expenses $153,237 · grants $153,237
  • EDUCATION SUPPLIES: IN 2025 THE HOPE VENTURE HELPED OVER 6,000 CHILDREN HAVE THE SUPPLIES THEY NEEDED FOR A YEAR OF SCHOOLING THROUGH OUR BACKPACK PROJECT IN SOUTH ASIA. THESE CHILDREN COME FROM INCREDIBLY POOR BACKGROUNDS WHERE MANY OF THE FAMILIES HAVE NEVER RECEIVED SUCH A GIFT AND WHERE THERE IS LITTLE MONEY LEFTOVER FOR SCHOOL SUPPLIES. IN ADDITION, OUR SUPPLIES INCLUDED UNIFORMS FOR HIGH SCHOOL STUDENTS IN UGANDA.
    Expenses $128,026 · grants $128,026
  • FORM 990, PART III, LINE 4D: BREAKDOWN OF OTHER PROGRAM SERVICES: EDUCATION SKILLS: $21,820; EDUCATION CENTERS: $42,131; HEALTH SUPPLIES: $18,543; FOOD: $87,349; WATER: $17,150; MISC AID $7,068; FIELD COORD: $14,795; AND MISC PROGRAM EXPENSES AS OUTLINED IN FORM 990 PART IX, COLUMN B: $147,327.
    Expenses $356,183 · grants $208,856

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-0863959
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
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,891,184
Income (IRS master file)
$2,855,689

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,793,679$1,588,424$1,891,184XML
990December 2024$1,664,654$1,476,832$685,876XML
990December 2023$1,500,776$1,462,506$506,543XML
990December 2022$1,264,391$1,233,514$485,124IRS
990December 2021–––IRS
990December 2020–––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 27-0863959).

Questions about HOPE VENTURE

What is the EIN of HOPE VENTURE?
The employer identification number (EIN) of HOPE VENTURE is 27-0863959.
Is HOPE VENTURE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to HOPE VENTURE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOPE VENTURE 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 HOPE VENTURE 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 HOPE VENTURE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of HOPE VENTURE?
The 990 for the year ended December 31, 2025 names Cynthia Petersen.
Who are the officers and directors of HOPE VENTURE?
The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $60,203 (CYNTHIA PETERSEN, EXECUTIVE DIRECTOR).
How much revenue does HOPE VENTURE have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,793,679, expenses of $1,588,424 and total assets of $1,891,184 at year end.

Other nonprofits in LINCOLN

All nonprofits in LINCOLN · Nebraska · International, foreign affairs and national security