Skip to main content

Nonprofit · EIN 47-4486721

PRECIOUS HOPE

Tax-exempt · NEWARK, DE 19713

Financials

$791$7322023$150$1002024$1K$1K2025
Revenue Expenses · by fiscal year end
Financials of PRECIOUS HOPE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$1,170$1,121$49$59$0$59
December 31, 2024990-PF$150$100$50$59$0$59
December 31, 2023990-PF$791$732$59$59$0$59
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,170

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Disbursements for charitable purposes
$1,121

Balance sheet and other

Total assets, start of year
$59
Total assets, end of year
$59
Total liabilities, end of year
$0
Net assets, end of year
$59
Qualifying distributions
$1,121

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-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Kayode Abegunde
591 Collaboration Way, 591 Collaboration Way, newark, DE 19713
Director20$0
990-PF for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
Kayode Abegunde
591 Collaboration Way, 591 Collaboration Way, newark, DE 19713
Director20$0
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
Kayode Abegunde
1 Innovation Way, newark, DE 19711
Director20$0

Address and contacts

Address (IRS master file)
591 COLLABORATION WAY STE 605, NEWARK, DE 19713-0002
In care of
% KAYODE ABEGUNDE
Signed the 990-PF
Kayode Abegunde, Founder
Phone
(302) 690-7703

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
47-4486721
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2020
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B01)
Assets (IRS master file)
$59
Income (IRS master file)
$1,170

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$1,170$1,121$59XML
990-PFDecember 2024$150$100$59XML
990-PFDecember 2023$791$732$59XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 47-4486721).

Questions about PRECIOUS HOPE

What is the EIN of PRECIOUS HOPE?
The employer identification number (EIN) of PRECIOUS HOPE is 47-4486721.
Is PRECIOUS HOPE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to PRECIOUS HOPE tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PRECIOUS HOPE file?
Form 990-PF. Private foundations file every year.
When is the next return of PRECIOUS HOPE 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 PRECIOUS HOPE last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of PRECIOUS HOPE?
The 990-PF for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does PRECIOUS HOPE have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,170, expenses of $1,121 and total assets of $59 at year end.

Other nonprofits in NEWARK

All nonprofits in NEWARK · Delaware · Education