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Nonprofit · EIN 32-0360887

HOPE ADVANCEMENT INC

Tax-exempt · LANCASTER, PA 17601

Financials

$12.7M$1.5M2023$10.4M$357K2024
Revenue Expenses · by fiscal year end
Financials of HOPE ADVANCEMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$10,370,488$356,922$10,013,566$36,229,262$9,873,001$26,356,261
December 31, 2023990$12,671,460$1,503,000$11,168,460$31,990,859$6,214,079$25,776,780
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$10,018,359
Program service revenue
$0
Investment income
$345,034
Other revenue
$7,095

Expenses

Grants and similar amounts paid
$18,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$313,919
Management and general (functional)
$43,003

Balance sheet and other

Total assets, start of year
$31,990,859
Total assets, end of year
$36,229,262
Total liabilities, end of year
$9,873,001
Net assets, end of year
$26,356,261
Net assets without donor restrictions
$26,356,261
Gross receipts
$10,370,488
Employees
0
Volunteers
0
Year formed
2011
State of legal domicile
DE

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 / weekCompensationFrom related orgsOther / benefits
PETER GREERPRESIDENT
Trustee or director, Officer
0.5$0$177,283$31,635
JESSE CASLERTREASURER
Trustee or director, Officer
0.5$0$99,557$32,175
MICAH CRISTSECRETARY
Trustee or director, Officer
0.5$0$94,706$20,485
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PETER GREERPRESIDENT
Trustee or director, Officer
0.5$0$141,900$36,592
JESSE CASLERTREASURER
Trustee or director, Officer
0.5$0$83,605$31,232
MICAH CRISTSECRETARY
Trustee or director, Officer
0.5$0$83,753$25,364

Address and contacts

Address (IRS master file)
227 GRANITE RUN DR STE 250, LANCASTER, PA 17601-6826
Principal officer (990 for 2024)
JESSE CASLER, 227 GRANITE RUN DRIVE SUITE 250, LANCASTER, PA 17601
Signed the 990
JESSE CASLER, TREASURER OF THE BOARD
Phone
(717) 464-3220
Return prepared by
TAIT WELLER & BAKER LLP

Mission

TO HOLD, DEVELOP, AND MANAGE INVESTMENTS IN MICROENTERPRISE DEVELOPMENT ORGANIZATIONS ON BEHALF OF AND TO ADVANCE THE PURPOSES OF HOPE INTERNATIONAL IN A MANNER CONSISTENT WITH THE CHARITABLE OBJECTIVES OF HOPE INTERNATIONAL.

990 for the year ended December 31, 2024

Program accomplishments

  • SUPPORT HOPE INTERNATIONAL BY PROVIDING OPERATIONAL AND FINANCIAL SUPPORT.
    Expenses $313,919 · grants $18,000

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
32-0360887
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$36,229,262
Income (IRS master file)
$10,370,488

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$10,370,488$356,922$36,229,262XML
990December 2023$12,671,460$1,503,000$31,990,859XML
990December 2022$8,655,847$1,515,930$22,546,257IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 32-0360887).

Questions about HOPE ADVANCEMENT INC

What is the EIN of HOPE ADVANCEMENT INC?
The employer identification number (EIN) of HOPE ADVANCEMENT INC is 32-0360887.
Is HOPE ADVANCEMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to HOPE ADVANCEMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does HOPE ADVANCEMENT 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 HOPE ADVANCEMENT INC 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 HOPE ADVANCEMENT INC 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 HOPE ADVANCEMENT INC?
The 990 for the year ended December 31, 2024 names JESSE CASLER.
Who are the officers and directors of HOPE ADVANCEMENT INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does HOPE ADVANCEMENT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $10,370,488, expenses of $356,922 and total assets of $36,229,262 at year end.

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