Nonprofit · EIN 33-1104425
SERVICES OF HOPE ENTITIES INC
Tax-exempt · DALLAS, TX 75222
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,967,444 | $4,421,888 | -$454,444 | $239,840 | $735,405 | -$495,565 |
| December 31, 2023 | 990 | $3,773,091 | $3,738,598 | $34,493 | $432,740 | $496,744 | -$64,004 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,926,535
- Program service revenue
- $0
- Investment income
- $1,720
- Other revenue
- $39,189
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $184,898
- Other salaries and wages
- $431,250
- Salaries, compensation and benefits (total)
- $668,743
- Professional fundraising fees
- $0
- Legal fees
- $52,084
- Accounting fees
- $35,005
- Occupancy
- $148,444
- Travel
- $38,592
- Depreciation
- $58,686
- Program services (functional)
- $3,586,482
- Management and general (functional)
- $814,025
- Fundraising (functional)
- $21,381
Balance sheet and other
- Total assets, start of year
- $432,740
- Total assets, end of year
- $239,840
- Total liabilities, end of year
- $735,405
- Net assets, end of year
- -$495,565
- Land, buildings and equipment
- $132,471
- Net assets without donor restrictions
- -$495,565
- Gross receipts
- $3,967,444
- Employees
- 20
- Volunteers
- 10
- Year formed
- 2004
- State of legal domicile
- TX
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Daniel B Prescott Jr | President/CEO Officer, Key employee, Highest-paid employee | 40 | $80,532 |
| Saadia Cooks | Chief Operating Officer Officer, Key employee | 40 | $57,443 |
| Doris Prescott | Secetary/Treasurer Trustee or director, Officer | 25 | $46,923 |
| Daniel Q Prescott III | Director Trustee or director | 20 | $0 |
| Tyler Gassman | Director Trustee or director | 20 | $0 |
| Susie Hood | Director Trustee or director | 10 | $0 |
| Dana Rushing | Director Trustee or director | 10 | $0 |
| Antwan Lewis | Director Trustee or director | 10 | $0 |
| Melvin Peoples | Chairman Trustee or director, Officer | 20 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Daniel B Prescott Jr | President/CEO Officer, Key employee | 40 | $126,479 |
| Saadia Cooks | Compliance and Administrative Director Key employee | 40 | $54,120 |
| Daniel Q Prescott III | Director Trustee or director | 20 | $0 |
| Tyler Gassman | Director Trustee or director | 20 | $0 |
| Doris Prescott | Secetary/Treasurer Trustee or director, Officer | 25 | $0 |
| Susie Hood | Director Trustee or director | 10 | $0 |
| Dana Rushing | Director Trustee or director | 10 | $0 |
| Antwan Lewis | Director Trustee or director | 10 | $0 |
| Melvin Peoples | Chairman Trustee or director, Officer | 20 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 227252, DALLAS, TX 75222-7252
- In care of
- % D B PRESCOTT
- Principal officer (990 for 2024)
- Daniel B Prescott Jr, 1137 Conveyor Lane, Suite 107, Dallas, TX 75222
- Signed the 990
- Doris Prescott, Secetary/Treasurer
- Phone
- (214) 276-0235
- Website
- www.servicesofhope.org
- Return prepared by
- Wade R Moran CPA PLLC
Mission
The mission of Services of Hope is to transform lives of low to moderate income students and their families with proven faith based educational programs and services. These services are provided in underserved and under resourced communities.
Program accomplishments
- Services of Hope provides programs and services in underserved and under resourced communities to transform lives of low to moderate income students and their families with proven faith based educational programs and services.Expenses $3,586,482
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 33-1104425
- 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
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $239,840
- Income (IRS master file)
- $3,967,444
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,967,444 | $4,421,888 | $239,840 | IRS |
| 990 | December 2023 | $3,773,091 | $3,738,598 | $432,740 | XML |
| 990 | December 2022 | $1,677,107 | $2,081,897 | $704,308 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 33-1104425).
Questions about SERVICES OF HOPE ENTITIES INC
- What is the EIN of SERVICES OF HOPE ENTITIES INC?
- The employer identification number (EIN) of SERVICES OF HOPE ENTITIES INC is 33-1104425.
- Is SERVICES OF HOPE ENTITIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to SERVICES OF HOPE ENTITIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SERVICES OF HOPE ENTITIES 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 SERVICES OF HOPE ENTITIES 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 SERVICES OF HOPE ENTITIES 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 SERVICES OF HOPE ENTITIES INC?
- The 990 for the year ended December 31, 2024 names Daniel B Prescott Jr.
- Who are the officers and directors of SERVICES OF HOPE ENTITIES INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 3 received compensation from the organization, the highest $80,532 (Daniel B Prescott Jr, President/CEO).
- How much revenue does SERVICES OF HOPE ENTITIES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,967,444, expenses of $4,421,888 and total assets of $239,840 at year end.
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