Nonprofit · EIN 47-2552430
HOPE ECONOMY INC
Tax-exempt · HOUSTON, TX 77070
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,064,209 | $1,141,252 | -$77,043 | $547,883 | $0 | $547,883 |
| December 31, 2024 | 990 | $1,365,484 | $1,499,175 | -$133,691 | $642,795 | $0 | $642,795 |
| December 31, 2023 | 990 | $338,449 | $426,135 | -$87,686 | $776,486 | $0 | $776,486 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,082,252
- Program service revenue
- $0
- Investment income
- -$18,043
- Net gain from sales of assets
- -$29,690
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,141,252
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $1,141,252
Balance sheet and other
- Total assets, start of year
- $642,795
- Total assets, end of year
- $547,883
- Total liabilities, end of year
- $0
- Net assets, end of year
- $547,883
- Publicly traded securities
- $470,310
- Net assets without donor restrictions
- $547,882
- Gross receipts
- $1,093,899
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2014
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE THAKUR | PRESIDENT Trustee or director, Officer | 3 | $0 |
| KRISTEN MCKENZIE | TREASURER Trustee or director, Officer | 1 | $0 |
| CHARLES LOGAN | DIRECTOR Trustee or director | 1 | $0 |
| LINDA THAKUR | DIRECTOR Trustee or director | 3 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE THAKUR | PRESIDENT Trustee or director, Officer | 3 | $0 |
| KRISTEN MCKENZIE | TREASURER Trustee or director, Officer | 1 | $0 |
| CHARLES LOGAN | DIRECTOR Trustee or director | 1 | $0 |
| LINDA THAKUR | DIRECTOR Trustee or director | 3 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE THAKUR | PRESIDENT Trustee or director, Officer | 3 | $0 |
| KRISTEN MCKENZIE | TREASURER Trustee or director, Officer | 1 | $0 |
| CHARLES LOGAN | DIRECTOR Trustee or director | 1 | $0 |
| LINDA THAKUR | DIRECTOR Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 118 VINTAGE PARK BLVD STE W, HOUSTON, TX 77070-4096
- In care of
- % MICHAEL THAKUR
- Mailing address (990-N for 2017)
- 118 Vintage Park Blvd Suite W, Houston TX 77070
- Principal officer (990 for 2025)
- Michael Thakur, 118 VINTAGE PARK BLVD, STE W, HOUSTON, TX 77070
- Principal officer (990-N for 2017)
- Michael Thakur, 118 Vintage Park Blvd Suite W, Houston TX 77070
- Signed the 990
- Mike Thakur, Founder
- Phone
- (832) 823-3495
- Website
- www.hopeeconomy.org
Mission
THE ORGANIZATION PARTNERS WITH LOCAL CHARITIES MINISTRIES AND OTHER NONPROFIT ORGANIZATIONS TO COMBINE EFFORTS THAT IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITIES. TO THIS END WE FEED FAMILIES IN THE HOUSTON AREA AND PROVIDE SUPPORT AND ASSISTANCE TO UNDER PRIVILEGED PEOPLE GROUPS.
Program accomplishments
- PROVIDED FOOD TO UNDERPRIVILEGED FAMILIES IN THE HOUSTON AREA IN PARTNERSHIP WITH MULTIPLE LOCAL ORGANIZATIONS. PROVIDED TRAINING AND EDUCATIONAL MATERIALS AROUND THE WORLD THROUGH PARTNERSHIPS.Expenses $1,141,252 · revenue $1,082,252
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 | 990 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
- 47-2552430
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $547,883
- Income (IRS master file)
- $1,093,899
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,064,209 | $1,141,252 | $547,883 | IRS |
| 990 | December 2024 | $1,365,484 | $1,499,175 | $642,795 | XML |
| 990 | December 2023 | $338,449 | $426,135 | $776,486 | XML |
| 990 | December 2022 | $1,048,097 | $1,125,871 | $864,172 | IRS |
| 990 | December 2021 | $1,070,307 | $831,333 | $941,946 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-N for 2017 Officer: Michael Thakur | December 31, 2017 | ≤ $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 47-2552430).
Questions about HOPE ECONOMY INC
- What is the EIN of HOPE ECONOMY INC?
- The employer identification number (EIN) of HOPE ECONOMY INC is 47-2552430.
- Is HOPE ECONOMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to HOPE ECONOMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOPE ECONOMY 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 ECONOMY INC 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 HOPE ECONOMY INC 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 HOPE ECONOMY INC?
- The 990 for the year ended December 31, 2025 names Michael Thakur.
- Who are the officers and directors of HOPE ECONOMY INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does HOPE ECONOMY INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,064,209, expenses of $1,141,252 and total assets of $547,883 at year end.
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