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Nonprofit · EIN 39-2067502

MANY HOPES INC

Tax-exempt · NEW YORK, NY 10108

Financials

$3.9M$3.6M2022$3.1M$4.4M2023$5.4M$4.9M2024
Revenue Expenses · by fiscal year end
Financials of MANY HOPES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,395,538$4,924,019$471,519$2,137,721$37,527$2,100,194
December 31, 2023990 (amended)$3,106,496$4,429,199-$1,322,703$1,680,488$20,000$1,660,488
December 31, 2022990$3,897,860$3,633,521$264,339$3,012,683$32,258$2,980,425
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,423,007
Program service revenue
$0
Investment income
$45,984
Net gain from sales of assets
$22,261
Net income from fundraising events
-$73,453
Other revenue
-$73,453

Expenses

Grants and similar amounts paid
$3,272,297
Compensation of officers, directors and key employees
$133,452
Other salaries and wages
$493,287
Salaries, compensation and benefits (total)
$705,333
Professional fundraising fees
$0
Legal fees
$1,500
Accounting fees
$15,400
Travel
$29,755
Program services (functional)
$3,460,442
Management and general (functional)
$558,797
Fundraising (functional)
$904,780

Balance sheet and other

Total assets, start of year
$1,680,488
Total assets, end of year
$2,137,721
Total liabilities, end of year
$37,527
Net assets, end of year
$2,100,194
Publicly traded securities
$523,732
Net assets without donor restrictions
$1,603,231
Net assets with donor restrictions
$496,963
Gross receipts
$6,597,924
Employees
7
Volunteers
26
Year formed
2007
State of legal domicile
MA

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 / weekCompensationOther / benefits
THOMAS KEOWNFOUNDER & CEO
Officer
50$111,585$21,867
MADELEINE PAHRCREATIVE DIRECTOR
Highest-paid employee
40$118,000$0
COLIN HUNTERHEAD OF STRATEGY
Highest-paid employee
20$102,000$0
MAXINE FRIEDMANPRESIDENT
Trustee or director, Officer
4$0$0
NELSON MILLSDIRECTOR
Trustee or director
4$0$0
NITIN GAMBHIRDIRECTOR
Trustee or director
4$0$0
BO HANDIRECTOR
Trustee or director
4$0$0
CAROLYN ROSSI COPELANDDIRECTOR
Trustee or director
4$0$0
KEN KRONERDIRECTOR
Trustee or director
4$0$0
MATT WILLIAMSDIRECTOR
Trustee or director
4$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
MADELEINE PAHRCREATIVE DIRECTOR
Highest-paid employee
40$118,000
COLIN HUNTERHEAD OF STRATEGY
Highest-paid employee
20$102,000
THOMAS KEOWNFOUNDER & CEO
Officer
50$93,133
MAXINE FRIEDMANPRESIDENT
Trustee or director, Officer
4$0
BECKY WELDAYTREASURER
Trustee or director, Officer
7$0
NELSON MILLSDIRECTOR
Trustee or director
4$0
JOSEPH ZITODIRECTOR
Trustee or director
4$0
NITIN GAMBHIRDIRECTOR
Trustee or director
4$0
BO HANDIRECTOR
Trustee or director
4$0
CAROLYN COPELANDDIRECTOR
Trustee or director
4$0
990 for the year ended December 31, 2022: 9 people
NameTitleHours / weekCompensation
MADELEINE PAHRCREATIVE DIRECTOR
Highest-paid employee
40$118,000
COLIN HUNTERHEAD OF STRATEGY
Highest-paid employee
20$102,000
THOMAS KEOWNFOUNDER & CEO
Officer
50$23,850
MAXINE FRIEDMANPRESIDENT
Trustee or director, Officer
4$0
BECKY WELDAYTREASURER
Trustee or director, Officer
7$0
NELSON MILLSDIRECTOR
Trustee or director
4$0
JOSEPH ZITODIRECTOR
Trustee or director
4$0
NITIN GAMBHIRDIRECTOR
Trustee or director
4$0
BO HANDIRECTOR
Trustee or director
4$0

Address and contacts

Address (IRS master file)
PO BOX 156, NEW YORK, NY 10108-0156
Principal officer (990 for 2024)
THOMAS KEOWN, 255 WEST 93RD STREET 1N, NEW YORK, NY 10025
Signed the 990
THOMAS KEOWN, FOUNDER AND CEO
Phone
(210) 262-6112
Return prepared by
TAIT WELLER & BAKER LLP

Mission

MANY HOPES RESCUES CHILDREN FROM OPPRESSION AND RAISES THEM TO BE ADULTS OF INFLUENCE EQUIPPED TO DO JUSTICE FOR OTHERS, CAUSING EXPONENTIAL IMPACT.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION WAS FOUNDED TO HOUSE AND EDUCATE ORPHANED AND ABANDONED CHILDREN IN KENYA. THIS YEAR IT EXPANDED TO SIX NEW PARTNERSHIPS IN MALAWI, GHANA, GUATEMALA, BOLIVIA AND PERU. FUNDS RAISED WERE GRANTED TO: 1. RESCUE CHILDREN FROM SLAVERY TRAFFICKING, SEXUAL ABUSE AND ABANDONMENT. 2. PROVIDE A SAFE PLACE TO LIVE AND RECEIVE CARE AND HEALING FROM TRAUMA. 3. EDUCATE CHILDREN AT ELEMENTARY SCHOOL, HIGH SCHOOL, AND COLLEGE LEVELS AND PROVIDE MENTORING IN JUSTICE AND CIVICS SO THEY CAN BECOME ADULTS EQUIPPED TO LEAD.
    Expenses $3,460,442 · grants $3,272,297

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
39-2067502
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
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,137,721
Income (IRS master file)
$6,597,924

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,395,538$4,924,019$2,137,721XML
990December 2023$3,106,496$4,429,199$1,680,488XML
990December 2022$3,897,860$3,633,521$3,012,683XML
990December 2021$1,884,479$1,166,242$2,690,922IRS
990June 2020–––IRS
990June 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 39-2067502).

Questions about MANY HOPES INC

What is the EIN of MANY HOPES INC?
The employer identification number (EIN) of MANY HOPES INC is 39-2067502.
Is MANY HOPES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to MANY HOPES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MANY HOPES 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 MANY HOPES 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 MANY HOPES 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 MANY HOPES INC?
The 990 for the year ended December 31, 2024 names THOMAS KEOWN.
Who are the officers and directors of MANY HOPES INC?
The 990 for the year ended December 31, 2024 lists 10 people; 3 received compensation from the organization, the highest $111,585 (THOMAS KEOWN, FOUNDER & CEO).
How much revenue does MANY HOPES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,395,538, expenses of $4,924,019 and total assets of $2,137,721 at year end.

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