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Nonprofit · EIN 31-1654181

PRESTONS H O P E

Tax-exempt · SOLON, OH 44139

Financials

$26K$9102024
Revenue Expenses · by fiscal year end
Financials of PRESTONS H O P E by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$25,810$910$24,900$569,822$0$569,822
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$14,994
Program service revenue
$0
Investment income
$10,816
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$366
Management and general (functional)
$544

Balance sheet and other

Total assets, start of year
$517,229
Total assets, end of year
$569,822
Total liabilities, end of year
$0
Net assets, end of year
$569,822
Publicly traded securities
$346,754
Gross receipts
$25,810
Employees
0
Volunteers
10
Year formed
1999
State of legal domicile
OH

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
Jacqueline O FisherTrustee
Trustee or director
10$0
Michael E OsborneTrustee
Trustee or director
1$0
Stacie HalpernTrustee
Trustee or director
10$0
Richard D ArmbrusterPresident
Officer
10$0
C Diane GregersonSecretary and Treasurer
Officer
10$0

Address and contacts

Address (IRS master file)
32333 AURORA ROAD, SOLON, OH 44139-2843
Principal officer (990 for 2024)
STACIE L HALPERN, 32333 AURORA RD 300, SOLON, OH 44139
Signed the 990
STACIE L HALPERN, TREASURER
Phone
(440) 519-3500
Return prepared by
SYMAX LTD

Mission

SMA RESEARCH/DEVELOP PLAYGROUND FOR DISABLED CHILDREN

990 for the year ended December 31, 2024

Program accomplishments

  • Funds continue to be solicited for SMA Research (Spinal Muscular Atrophy). During the 2024 tax year, no grant applications were received, no grants were awarded, and there were no program service expenses.0
  • The Prestons H.O.P.E. Playground opened September 3, 2006 and was donated to The Jewish Community Center on January 1, 2007. Future contributions will be solicited to cover park maintenance and other related expenses.
    Expenses $366 · revenue $6,170

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
31-1654181
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
1999
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Medical research (H12)
Assets (IRS master file)
$569,822
Income (IRS master file)
$25,810

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$172,804$129,660$517,229IRS
990December 2022$15,789$3,589$450,517IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about PRESTONS H O P E

What is the EIN of PRESTONS H O P E?
The employer identification number (EIN) of PRESTONS H O P E is 31-1654181.
Is PRESTONS H O P E tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to PRESTONS H O P E tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PRESTONS H O P E file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of PRESTONS H O P E 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 PRESTONS H O P E last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PRESTONS H O P E?
The 990 for the year ended December 31, 2024 names STACIE L HALPERN.
Who are the officers and directors of PRESTONS H O P E?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does PRESTONS H O P E have?
On its 990 for the year ended December 31, 2024 it reported revenue of $25,810, expenses of $910 and total assets of $569,822 at year end.

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