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Nonprofit · EIN 58-1821149

HOPECO

Tax-exempt · MARTINSVILLE, VA 24115

Financials

$1.7M$1.7M2023$2.4M$2M2024$2M$2.1M2025
Revenue Expenses · by fiscal year end
Financials of HOPECO by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,010,072$2,147,417-$137,345$409,163$17,266$391,897
December 31, 2024990$2,377,879$2,001,926$375,953$554,441$25,199$529,242
December 31, 2023990$1,672,284$1,747,575-$75,291$175,895$24,711$151,184
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,993,902
Program service revenue
$4,763
Investment income
$4,882
Net gain from sales of assets
-$99
Other revenue
$6,525

Expenses

Grants and similar amounts paid
$1,277,113
Compensation of officers, directors and key employees
$208,874
Other salaries and wages
$148,866
Salaries, compensation and benefits (total)
$399,956
Professional fundraising fees
$0
Legal fees
$12,782
Accounting fees
$4,065
Occupancy
$10,248
Travel
$230,475
Depreciation
$1,683
Program services (functional)
$1,892,892
Management and general (functional)
$167,406
Fundraising (functional)
$87,119

Balance sheet and other

Total assets, start of year
$554,441
Total assets, end of year
$409,163
Total liabilities, end of year
$17,266
Net assets, end of year
$391,897
Land, buildings and equipment
$17,370
Net assets without donor restrictions
$167,279
Net assets with donor restrictions
$224,618
Gross receipts
$2,012,321
Employees
8
Volunteers
3
Year formed
1988
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
Alfred LackeyChief Executive Officer
Key employee, Highest-paid employee
40$96,000
Lisa WilkersonChief Financial Officer
Key employee
40$60,373
Regina ChachaDirector of Programs and Cofounder
Trustee or director, Key employee, Highest-paid employee
40$52,500
Gerard HopkinsBoard Chairman
Trustee or director, Officer
4$0
Mwita ChachaBoard Member
Trustee or director
4$0
Jacob MoyerBoard Member
Trustee or director
2$0
Matt ParkerBoard Member
Trustee or director
2$0
Brian KirbyBoard Member
Trustee or director
2$0
Tai OsifadeBoard Member
Trustee or director
2$0
Saina OsifadeBoard Member
Trustee or director
2$0
Kristy GoliBoard Member
Trustee or director
2$0
Jack EanesBoard Member
Trustee or director
2$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensation
Alfred LackeyChief Executive Officer
Key employee, Highest-paid employee
40$96,000
Lisa WilkersonChief Financial Officer
Key employee
40$55,925
Regina ChachaDirector of Programs and Cofounder
Trustee or director, Key employee, Highest-paid employee
40$52,800
Gerard HopkinsBoard Chairman
Trustee or director, Officer
4$0
Mwita ChachaBoard Member
Trustee or director
4$0
Jacob MoyerBoard Member
Trustee or director
2$0
Matt ParkerBoard Member
Trustee or director
2$0
Brian KirbyBoard Member
Trustee or director
2$0
Tai OsifadeBoard Member
Trustee or director
2$0
Saina OsifadeBoard Member
Trustee or director
2$0
Kristy GoliBoard Member
Trustee or director
2$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Matt ParkerChief Executive Officer
Key employee, Highest-paid employee
40$91,413
Regina ChachaDirector of Programs and Cofounder
Trustee or director, Key employee, Highest-paid employee
40$52,771
Lisa WilkersonFinance Director
Key employee
40$51,371
Alfred LackeyBoard Member
Trustee or director
2$6,400
Gerard HopkinsBoard Chairman
Trustee or director, Officer
4$0
Mwita ChachaBoard Member
Trustee or director
4$0
Jacob MoyerBoard Member
Trustee or director
2$0
Brian KirbyBoard Member
Trustee or director
2$0
Tai OsifadeBoard Member
Trustee or director
2$0
Saina OsifadeBoard Member
Trustee or director
2$0

Address and contacts

Address (IRS master file)
PO BOX 4001, MARTINSVILLE, VA 24115-4001
Principal officer (990 for 2025)
Matt Parker, P O Box 4001, Martinsville, VA 24115
Signed the 990
Regina Chacha, Director of Programs and Cofounder
Phone
(276) 632-8477
Return prepared by
MALLARD MALLARD CPAS LLC

Mission

Driven by our Christian faith, HopeCo provides quality holistic care that enables vulnerable children, their families, and communities in East Africa to flourish.

990 for the year ended December 31, 2025

Program accomplishments

  • Care for orphans, vulnerable children, women, and other adults in East Africa. HopeCo funded a childrens home,, a primary school, a secondary school, empowerment programs for women, university education, and a medical center for an impoverished community. In total, more than 900 people were served every month. HopeCo also has programs in East Africa to rescue girls from abuse, violence, and child marriage, and provide education and empowerment opportunities to them.
    Expenses $1,021,886
  • Teamwork Bible College International operates under the umbrella of HopeCo to offer Christian education programs. The school provides curriculum and administration to affiliated schools who offer classes as part of various degree programs.
    Expenses $2,401 · revenue $4,763
  • HopeCo supports the education and care of East African students who are studying in the USA at a Christian boarding school or at college.
    Expenses $868,605 · revenue $816,749

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
58-1821149
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
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$409,163
Income (IRS master file)
$2,012,321

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,010,072$2,147,417$409,163XML
990December 2024$2,377,879$2,001,926$554,441XML
990December 2023$1,672,284$1,747,575$175,895XML
990December 2022$1,266,125$1,243,737$239,489IRS
990December 2021–––IRS
990December 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 58-1821149).

Questions about HOPECO

What is the EIN of HOPECO?
The employer identification number (EIN) of HOPECO is 58-1821149.
Is HOPECO tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to HOPECO tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOPECO 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 HOPECO 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 HOPECO 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 HOPECO?
The 990 for the year ended December 31, 2025 names Matt Parker.
Who are the officers and directors of HOPECO?
The 990 for the year ended December 31, 2025 lists 12 people; 3 received compensation from the organization, the highest $96,000 (Alfred Lackey, Chief Executive Officer).
How much revenue does HOPECO have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,010,072, expenses of $2,147,417 and total assets of $409,163 at year end.

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