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Nonprofit · EIN 45-3581689

NEO FUND

Also known as El Faro

Tax-exempt · GRESHAM, OR 97080

Financials

$87K$112K2023$170K$184K2024$131K$124K2025
Revenue Expenses · by fiscal year end
Financials of NEO FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$130,610$123,931$6,679$34,328-$1,963$36,291
December 31, 2024990 (amended)$170,164$184,486-$14,322$28,827$0$28,827
December 31, 2023990$87,182$112,065-$24,883$45,027$4,111$40,916
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$130,610
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$10,980
Salaries, compensation and benefits (total)
$10,980
Professional fundraising fees
$0
Legal fees
$3,358
Accounting fees
$7,101
Travel
$4,833
Program services (functional)
$77,620
Management and general (functional)
$46,311

Balance sheet and other

Total assets, start of year
$28,827
Total assets, end of year
$34,328
Total liabilities, end of year
-$1,963
Net assets, end of year
$36,291
Net assets without donor restrictions
$18,145
Net assets with donor restrictions
$18,146
Gross receipts
$130,610
Employees
0
Volunteers
0
Year formed
2010
State of legal domicile
OR

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
RONALD HOCKLEYEXECUTIVE DIRECTOR
Officer, Key employee, Highest-paid employee
5$10,980
JOHN WESTONBOARD MEMBER
Trustee or director
0.5$0
DEAN HANSONBOARD PRESIDENT AND ACTING SECRETAR
Trustee or director, Officer
0.5$0
ANN HANUSBOARD MEMBER
Trustee or director
0.5$0
CALEB CODERBOARD MEMBER
Trustee or director
0.5$0
STEVEN BEARDBOARD MEMBER
Trustee or director
0.5$0
KALANY HOCKLEYBOARD MEMBER
Trustee or director
0.5$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
MARK TOBINMEMBER
Trustee or director
0.5$0
RONALD HOCKLEYEXECUTIVE DIRECTOR
Officer, Key employee
5$0
DEAN HANSONBOARD PRESIDENT AND ACTING SECRETAR
Trustee or director, Officer
0.5$0
ANN HANUSBOARD MEMBER
Trustee or director
0.5$0
CALEB CODERBOARD MEMBER
Trustee or director
0.5$0
STEVEN BEARDBOARD MEMBER
Trustee or director
0.5$0
KALANY HOCKLEYBOARD MEMBER
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
MARK TOBINMEMBER0.5$0
SHOSHON TEMA SWEETBOARD MEMBER0.5$0
RONALD HOCKLEYEXECUTIVE DIRECTOR
Officer
5$0
DEAN HANSONBOARD PRESIDENT AND ACTING SECRETAR
Officer
0.5$0
ANN HANUSBOARD MEMBER0.5$0
CALEB CODERBOARD MEMBER0.5$0
STEVEN BEARDBOARD MEMBER0.5$0
KALANY HOCKLEYBOARD MEMBER0.5$0

Address and contacts

Address (IRS master file)
1190 SE 22ND CT, GRESHAM, OR 97080-9341
In care of
% RON HOCKLEY
Mailing address (990-N for 2011)
1190 SE 22nd Ct, Gresham OR 97080
Principal officer (990 for 2025)
Ron Hockley, 1190 SE 22nd Ct, Gresham, OR 97080
Principal officer (990-N for 2011)
Ron Hockley, 1190 SE 22nd Ct, Gresham OR 97080
Signed the 990
RONALD HOCKLEY, EXECUTIVE DIRECTOR
Phone
(508) 878-8730

Mission

OUR MISSION IS TO SERVE THE POOR THROUGH SUSTAINABLE COMMUNITY DEVELOPMENT VIA MICRO-LENDING AND CHILD-AID PROGRAMS BY WORKING THROUGH ESTABLISHED LOCAL ORGANIZATIONS IN SOME OF THE MOST IMPOVERISHED COMMUNITIES OF THE DEVELOPING WORLD.

990 for the year ended December 31, 2025

Program accomplishments

  • THE NEO FUNDS MISSION IS TO HELP TRANSFORM THE LIVES OF VERY LOW-INCOME WOMEN MEN AND THEIR FAMILIES IN NICARAGUA GUATEMALA AND INDIA THROUGH MICRO-LENDING. OUR PROGRAM PROVIDES WOMEN 90% AND MEN 10% WITH THE OPPORTUNITY TO PURSUE ENTREPRENEURIAL ENDEAVORS AND GENERATE FAMILY INCOME WHICH DIRECTLY IMPACTS QUALITY OF LIFE FOR THEIR CHILDREN. IN 2024 THE NEO FUND AND ITS AFFILIATES NICARAGUA GUATEMALA AND INDIA MADE 613 LOANS TOTALING 209,171. 87% OF THE LOANS WERE MADE TO WOMEN 13% TO MEN.
    Expenses $77,620 · revenue $130,610

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-3581689
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
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$34,328
Income (IRS master file)
$130,610

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$130,610$123,931$34,328IRS
990December 2024$170,164$184,486$28,827XML
990December 2023$87,182$112,065$45,027XML
990December 2022$74,026$99,491$69,327IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990-N for 2011
Officer: Ron Hockley
December 31, 2011≤ $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 45-3581689).

Questions about NEO FUND

What is the EIN of NEO FUND?
The employer identification number (EIN) of NEO FUND is 45-3581689.
Is NEO FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to NEO FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEO FUND 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 NEO FUND due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEO FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of NEO FUND?
The 990 for the year ended December 31, 2025 names Ron Hockley.
Who are the officers and directors of NEO FUND?
The 990 for the year ended December 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $10,980 (RONALD HOCKLEY, EXECUTIVE DIRECTOR).
How much revenue does NEO FUND have?
On its 990 for the year ended December 31, 2025 it reported revenue of $130,610, expenses of $123,931 and total assets of $34,328 at year end.

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