Nonprofit · EIN 58-1821149
HOPECO
Tax-exempt · MARTINSVILLE, VA 24115
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,010,072 | $2,147,417 | -$137,345 | $409,163 | $17,266 | $391,897 |
| December 31, 2024 | 990 | $2,377,879 | $2,001,926 | $375,953 | $554,441 | $25,199 | $529,242 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alfred Lackey | Chief Executive Officer Key employee, Highest-paid employee | 40 | $96,000 |
| Lisa Wilkerson | Chief Financial Officer Key employee | 40 | $60,373 |
| Regina Chacha | Director of Programs and Cofounder Trustee or director, Key employee, Highest-paid employee | 40 | $52,500 |
| Gerard Hopkins | Board Chairman Trustee or director, Officer | 4 | $0 |
| Mwita Chacha | Board Member Trustee or director | 4 | $0 |
| Jacob Moyer | Board Member Trustee or director | 2 | $0 |
| Matt Parker | Board Member Trustee or director | 2 | $0 |
| Brian Kirby | Board Member Trustee or director | 2 | $0 |
| Tai Osifade | Board Member Trustee or director | 2 | $0 |
| Saina Osifade | Board Member Trustee or director | 2 | $0 |
| Kristy Goli | Board Member Trustee or director | 2 | $0 |
| Jack Eanes | Board Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alfred Lackey | Chief Executive Officer Key employee, Highest-paid employee | 40 | $96,000 |
| Lisa Wilkerson | Chief Financial Officer Key employee | 40 | $55,925 |
| Regina Chacha | Director of Programs and Cofounder Trustee or director, Key employee, Highest-paid employee | 40 | $52,800 |
| Gerard Hopkins | Board Chairman Trustee or director, Officer | 4 | $0 |
| Mwita Chacha | Board Member Trustee or director | 4 | $0 |
| Jacob Moyer | Board Member Trustee or director | 2 | $0 |
| Matt Parker | Board Member Trustee or director | 2 | $0 |
| Brian Kirby | Board Member Trustee or director | 2 | $0 |
| Tai Osifade | Board Member Trustee or director | 2 | $0 |
| Saina Osifade | Board Member Trustee or director | 2 | $0 |
| Kristy Goli | Board Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matt Parker | Chief Executive Officer Key employee, Highest-paid employee | 40 | $91,413 |
| Regina Chacha | Director of Programs and Cofounder Trustee or director, Key employee, Highest-paid employee | 40 | $52,771 |
| Lisa Wilkerson | Finance Director Key employee | 40 | $51,371 |
| Alfred Lackey | Board Member Trustee or director | 2 | $6,400 |
| Gerard Hopkins | Board Chairman Trustee or director, Officer | 4 | $0 |
| Mwita Chacha | Board Member Trustee or director | 4 | $0 |
| Jacob Moyer | Board Member Trustee or director | 2 | $0 |
| Brian Kirby | Board Member Trustee or director | 2 | $0 |
| Tai Osifade | Board Member Trustee or director | 2 | $0 |
| Saina Osifade | Board 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
- Website
- www.joinhopeco.com
- 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.
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 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
- 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,010,072 | $2,147,417 | $409,163 | XML |
| 990 | December 2024 | $2,377,879 | $2,001,926 | $554,441 | XML |
| 990 | December 2023 | $1,672,284 | $1,747,575 | $175,895 | XML |
| 990 | December 2022 | $1,266,125 | $1,243,737 | $239,489 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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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