Nonprofit · EIN 27-1891982
HIGH EXPECTATIONS INC
Tax-exempt · CLARK, NJ 07066
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990-EZ | $41,681 | $32,577 | $9,104 | $148,880 | $5,000 | $143,880 |
| June 30, 2025 | 990-EZ | $40,861 | $38,487 | $2,374 | $139,777 | $5,000 | $134,777 |
| June 30, 2024 | 990-EZ | $36,785 | $29,328 | $7,457 | $137,403 | $5,000 | $132,403 |
| June 30, 2022 | 990-EZ | $29,068 | $16,184 | $12,884 | $125,534 | – | $125,534 |
Financial details: 990-EZ for the year ended June 30, 2026
Revenue
- Contributions, gifts and grants
- $2,014
- Membership dues
- $5,500
- Program service revenue
- $16,531
- Investment income
- $1,650
- Net income from fundraising events
- $15,986
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,350
- Occupancy
- $479
- Printing, publications and postage
- $258
- Other expenses
- $30,490
- Program services (functional)
- $27,228
Balance sheet and other
- Total assets, start of year
- $139,776
- Total assets, end of year
- $148,880
- Total liabilities, end of year
- $5,000
- Net assets, end of year
- $143,880
- Cash, savings and investments
- $148,880
- Gross receipts
- $60,885
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-EZ for the year ended June 30, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN SCHULTZ | PRESIDENT | 5 | $0 |
| DIANE HEITMEYER | VICE PRESIDE | 5 | $0 |
| LISA ABREU | SECRETARY | 5 | $0 |
| PATRICIA ESLER | TREASURER | 5 | $0 |
990-EZ for the year ended June 30, 2025: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEREK WALKER | PRESIDENT | 6 | $0 |
| JAMES MCGRATH | VICE PRESIDE | 6 | $0 |
| DIANE HEITMEYER | SECRETARY | 6 | $0 |
| PATRICIA ESLER | TREASURER | 6 | $0 |
990-EZ for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEREK WALKER | PRESIDENT | 5 | $0 |
| JAMES MCGRATH | VICE PRESIDE | 5 | $0 |
| DIANE HEITMEYER | SECRETARY | 5 | $0 |
| PATRICIA ESLER | TREASURER | 5 | $0 |
990-EZ for the year ended June 30, 2022: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEREK WALKER | PRESIDENT | 5 | $0 |
| JAMES MCGRATH | VICE PRESIDE | 5 | $0 |
| DIANE HEITMEYER | SECRETARY | 5 | $0 |
| PATRICIA ESLER | TREASURER | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5403, CLARK, NJ 07066-5403
- In care of
- % DEREK WALKER
- Mailing address (990-N for 2016)
- PO Box 5403, Clark NJ 07066
- Principal officer (990-N for 2016)
- Derek Walker, PO Box 5403, Clark NJ 07066
- Signed the 990-EZ
- KEVIN SCHULTZ, PRESIDENT
- Phone
- (732) 259-0126
- Website
- highexpectationsinc.org
- Return prepared by
- ANGELO & ASSOCIATES CPAS PC
Mission
SPORTS AND RECREATION SERVICES FOR THE SPECIAL NEEDS COMMUNITY.
Program accomplishments
- PROVIDE RECREATIONAL AND ATHLETIC ACTIVITIES SPECIFICALLY DESIGNED FOR SPECIAL NEEDS CHILDREN AND ADULTS.Expenses $27,228
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 | 990-EZ on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 27-1891982
- 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
- 2011
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P50)
- Assets (IRS master file)
- $148,880
- Income (IRS master file)
- $60,885
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2026 | $41,681 | $32,577 | $148,880 | XML |
| 990-EZ | June 2025 | $40,861 | $38,487 | $139,777 | XML |
| 990-EZ | June 2024 | $36,785 | $29,328 | $137,403 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | $29,068 | $16,184 | $125,534 | XML |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-N for 2016 Officer: Derek Walker | 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 27-1891982).
Questions about HIGH EXPECTATIONS INC
- What is the EIN of HIGH EXPECTATIONS INC?
- The employer identification number (EIN) of HIGH EXPECTATIONS INC is 27-1891982.
- Is HIGH EXPECTATIONS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to HIGH EXPECTATIONS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HIGH EXPECTATIONS 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 HIGH EXPECTATIONS INC due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HIGH EXPECTATIONS INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2026.
- Who is the principal officer of HIGH EXPECTATIONS INC?
- The 990-N for 2016 names Derek Walker.
- Who are the officers and directors of HIGH EXPECTATIONS INC?
- The 990-EZ for the year ended June 30, 2026 lists 4 people; 0 received compensation from the organization.
- How much revenue does HIGH EXPECTATIONS INC have?
- On its 990-EZ for the year ended June 30, 2026 it reported revenue of $41,681, expenses of $32,577 and total assets of $148,880 at year end.
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