Nonprofit · EIN 47-3031006
PURE HOPE FOUNDATION
Tax-exempt · MT VERNON, TX 75457
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,653,358 | $1,009,589 | $643,769 | $6,018,605 | $13,140 | $6,005,465 |
| December 31, 2023 | 990 | $1,233,055 | $1,067,936 | $165,119 | $5,494,812 | $110,699 | $5,384,113 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,410,142
- Program service revenue
- $0
- Investment income
- $4,478
- Net income from sales of inventory
- $19,690
- Other revenue
- $238,738
Expenses
- Grants and similar amounts paid
- $50,765
- Compensation of officers, directors and key employees
- $136,168
- Other salaries and wages
- $266,433
- Salaries, compensation and benefits (total)
- $487,920
- Professional fundraising fees
- $0
- Accounting fees
- $13,358
- Occupancy
- $100,187
- Travel
- $18,289
- Depreciation
- $102,340
- Program services (functional)
- $925,595
- Management and general (functional)
- $70,572
- Fundraising (functional)
- $13,422
Balance sheet and other
- Total assets, start of year
- $5,494,812
- Total assets, end of year
- $6,018,605
- Total liabilities, end of year
- $13,140
- Net assets, end of year
- $6,005,465
- Land, buildings and equipment
- $5,650,145
- Publicly traded securities
- $18,251
- Net assets without donor restrictions
- $5,839,534
- Net assets with donor restrictions
- $165,931
- Gross unrelated business income
- $238,708
- Gross receipts
- $1,668,172
- Employees
- 33
- Volunteers
- 15
- Year formed
- 2015
- State of legal domicile
- CO
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 |
|---|---|---|---|
| RYAN MORRIS | EXEC DIR Officer | 40 | $91,500 |
| MICHAEL LEE | CFO Officer | 40 | $44,668 |
| CURT BEAVERS | DIRECTOR Trustee or director | 1 | $0 |
| MIRIAM BLANKENSHIP | SECRETARY/DI Trustee or director, Officer | 1 | $0 |
| TONYA CARRUTHERS | DIRECTOR Trustee or director | 1 | $0 |
| KATHY CROCKETT | CHAIRPERSON/ Trustee or director, Officer | 1 | $0 |
| STEPHANIE HAMBY | DIRECTOR Trustee or director | 1 | $0 |
| KATHERINE LEE | DIRECTOR/CEO Trustee or director, Officer | 40 | $0 |
| RICK LYTLE | DIRECTOR Trustee or director | 1 | $0 |
| BOB MCFARLAND | DIRECTOR Trustee or director | 1 | $0 |
| MIKE QUAYLE | TREASURER/DI Trustee or director, Officer | 1 | $0 |
| GENIA ROGERS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RYAN MORRIS | EXEC DIR Officer | 40 | $91,896 |
| MICHAEL LEE | CFO Officer | 40 | $43,643 |
| CURT BEAVERS | DIRECTOR Trustee or director | 1 | $0 |
| MIRIAM BLANKENSHIP | SECRETARY/DI Trustee or director, Officer | 1 | $0 |
| TONYA CARRUTHERS | DIRECTOR Trustee or director | 1 | $0 |
| KATHY CROCKETT | CHAIRPERSON/ Trustee or director, Officer | 1 | $0 |
| STEPHANIE HAMBY | DIRECTOR Trustee or director | 1 | $0 |
| KATHERINE LEE | DIRECTOR/CEO Trustee or director, Officer | 40 | $0 |
| RICK LYTLE | DIRECTOR Trustee or director | 1 | $0 |
| BOB MCFARLAND | DIRECTOR Trustee or director | 1 | $0 |
| MIKE QUAYLE | TREASURER/DI Trustee or director, Officer | 1 | $0 |
| GENIA ROGERS | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1031, MT VERNON, TX 75457-1031
- Principal officer (990 for 2024)
- KATHERINE LEE, PO BOX 1031, MT VERNON, TX 75457
- Signed the 990
- MICHAEL LEE, CFO
- Phone
- (949) 678-9680
- Website
- WWW.PUREHOPEFOUNDATION.COM
- Return prepared by
- SOMMERVILLE & ASSOCIATES PC
Mission
PURE HOPE FOUNDATION EXISTS TO FIGHT SEX TRAFFICKING, RESTORE SURVIVORS, EMPOWER ADVOCATES, AND END DEMAND. (F.R.E.E.)
Program accomplishments
- IN 2024, PURE HOPE FOUNDATION SERVED DOZENS OF SURVIVORS OF TRAFFICKING THROUGH THE PROVISION OF RESOURCES, COUNSELING, PLACEMENT INTO CARE FACILITIES, ETC. THE TEAM ALSO HOUSED AND FACILITATED 6 SURVIVORS THROUGH IMMERSIVE, LONG-TERM RESTORATIVE CARE WITHIN HOPE HOME AND TRANSITIONAL LIVING FACILITIES. THE ORGANIZATION COMPLETED CONSTRUCTION ON THE 2ND HOPE HOME AT PURE HOPE RANCH TO EXTEND THE ACCESS TO THIS PROGRAM TO OTHER SURVIVORS. ASSISTANCE WAS PROVIDED TO SURVIVORS IN GAINING EDUCATION AND TRAINING TO ENABLE THEM TO BE SUCCESSFUL AND THRIVE IN EVERY DAY LIFE. ASSISTANCE INCLUDED HELPED SURVIVORS RECEIVE CAREER TRAINING IN THE FIELDS OF NURSING, WELDING AND DENTISTRY. THE ORGANIZATION CELEBRATED NUMEROUS HEALTHCARE WINS FOR SURVIVORS NEEDING MEDICAL, DENTAL, AND EMOTIONAL CARE DUE TO TRAUMA AND ABUSE.Expenses $643,932 · grants $50,765
- THE ORGANIZATION OPERATES A RETREAT CENTER THAT IS OPEN TO CORPORATE AND OTHER TYPES OF EVENTS. WHILE THE OPERATION OF THE RETREAT CENTER IS CONSIDERED AN UNRELATED TRADE OR BUSINESS, ITS OPERATION ENABLES THE ORGANIZATION TO CREATE TRAINING PROGRAMS TO TEACH VALUABLE LIFE SKILLS TO SURVIVORS IN ITS OTHER PROGRAMS AND TO WORK IN A SAFE ENVIRONMENT EARNING FUNDS FOR THE FUTURE. IN 2024, THE ORGANIZATION HOSTED 29 EVENTS AT THE RETREAT CENTER WHERE SURVIVORS WORK AND TRAIN WHILE LEARNING CRITICAL CAREER/LIFE SKILLS LIKE HOSPITALITY, FOOD SERVICE, EVENT HOSTING, CLEANING, GARDEN PREPARATION AND MORE.Expenses $281,663
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
- 47-3031006
- 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)
- Housing and shelter (L41)
- Assets (IRS master file)
- $6,018,605
- Income (IRS master file)
- $1,668,172
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,653,358 | $1,009,589 | $6,018,605 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $1,233,055 | $1,067,936 | $5,494,812 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $589,078 | $981,201 | $5,414,711 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
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 PURE HOPE FOUNDATION
- What is the EIN of PURE HOPE FOUNDATION?
- The employer identification number (EIN) of PURE HOPE FOUNDATION is 47-3031006.
- Is PURE HOPE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to PURE HOPE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PURE HOPE FOUNDATION 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 PURE HOPE FOUNDATION 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 PURE HOPE FOUNDATION 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 PURE HOPE FOUNDATION?
- The 990 for the year ended December 31, 2024 names KATHERINE LEE.
- Who are the officers and directors of PURE HOPE FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 12 people; 2 received compensation from the organization, the highest $91,500 (RYAN MORRIS, EXEC DIR).
- How much revenue does PURE HOPE FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,653,358, expenses of $1,009,589 and total assets of $6,018,605 at year end.
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