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Nonprofit · EIN 45-4742942

HOSEA INITIATIVE INC

Tax-exempt · CAPE CORAL, FL 33914

Financials

$167K$187K2024
Revenue Expenses · by fiscal year end
Financials of HOSEA INITIATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$166,989$186,704-$19,715$42,477$40,500$1,977
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$163,282
Program service revenue
$0
Investment income
$1
Net income from sales of inventory
$3,706
Other revenue
$3,706

Expenses

Grants and similar amounts paid
$2,100
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,281
Occupancy
$38,130
Travel
$3,779
Depreciation
$26
Program services (functional)
$29,292
Management and general (functional)
$87,093
Fundraising (functional)
$70,319

Balance sheet and other

Total assets, start of year
$30,692
Total assets, end of year
$42,477
Total liabilities, end of year
$40,500
Net assets, end of year
$1,977
Net assets without donor restrictions
$1,977
Gross receipts
$172,563
Employees
0
Volunteers
35
Year formed
2011
State of legal domicile
VA

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
CHERYL CORSERDIRECTOR
Trustee or director
1$0
JULIAN HERONDIRECTOR
Trustee or director
1$0
DR JOSEPH PECKDIRECTOR
Trustee or director
1$0
TERRY BEATLEYPRESIDENT/TR
Officer
35$0

Address and contacts

Address (IRS master file)
603 SW 53RD TER, CAPE CORAL, FL 33914-6549
Mailing address (990-N for 2013)
8296-D OLD COURTHOUSE ROAD, VIENNA VA 22182
Principal officer (990 for 2024)
TERRY BEATLEY, PO BOX 56, LANCASTER, VA 22503
Principal officer (990-N for 2013)
TERRY BEATLEY, 8296-D OLD COURTHOUSE ROAD, VIENNA VA 22182
Signed the 990
TERRY BEATLEY, PRESIDENT/TREASURER
Phone
(804) 436-6877
Return prepared by
DEHNERT CLARKE & CO PC

Mission

TO RESTORE A LIFE-AFFIRMING CULTURE BY TEACHING A BROADER UNDERSTANDING OF AMERICAN HISTORY, WORLDVIEWS, AND THE IMPACT OF SOCIAL POLICY.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDED TEACHING TO OVER 215,000 PEOPLE ON THE HISTORY OF DR. BERNARD NATHANSON AND HIS ROLE IN CHANGING "WOMEN'S HEALTHCARE' FOR THE PURPOSE OF FULFILLING A PROMISE MADE TO HIM.
    Expenses $28,729 · grants $2,100
  • PROVIDED TEACHING TO APPROXIMATELY 2,200 PEOPLE ON THE FUNDAMENTALS OF WORLDVIEWS AND HOW THEY IMPACT AMERICAN LAWS, POLICIES, AND CULTURE.
    Expenses $563
  • PROVIDED TEACHING TO APPROXIMATELY 35,000 PEOPLE ON THE FUNDAMENTALS OF AMERICAN CONSTITUTIONAL LIBERTY WHICH ARE GROUNDED IN RECOGNIZING THE RIGHT TO LIFE AND GOD AS CREATOR.

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
45-4742942
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
Assets (IRS master file)
$42,477
Income (IRS master file)
$172,563

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$111,343$121,026$30,692IRS
990December 2022$150,893$154,670$40,375IRS
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 2018–––IRS
990-N for 2013
Officer: TERRY BEATLEY
December 31, 2013≤ $50,000 receipts––e-Postcard

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 HOSEA INITIATIVE INC

What is the EIN of HOSEA INITIATIVE INC?
The employer identification number (EIN) of HOSEA INITIATIVE INC is 45-4742942.
Is HOSEA INITIATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to HOSEA INITIATIVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOSEA INITIATIVE 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 HOSEA INITIATIVE 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 HOSEA INITIATIVE 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 HOSEA INITIATIVE INC?
The 990 for the year ended December 31, 2024 names TERRY BEATLEY.
Who are the officers and directors of HOSEA INITIATIVE INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does HOSEA INITIATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $166,989, expenses of $186,704 and total assets of $42,477 at year end.

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