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Nonprofit · EIN 59-3108991

HOPE FOR THE WORLD INC

Tax-exempt · ORANGE PARK, FL 32073

Financials

$428K$465K2024
Revenue Expenses · by fiscal year end
Financials of HOPE FOR THE WORLD INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$427,777$464,765-$36,988$5,035$0$5,035
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$427,777
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$422,083
Compensation of officers, directors and key employees
$40,000
Salaries, compensation and benefits (total)
$40,000
Professional fundraising fees
$0
Program services (functional)
$422,083
Management and general (functional)
$42,682

Balance sheet and other

Total assets, start of year
$65,817
Total assets, end of year
$5,035
Total liabilities, end of year
$0
Net assets, end of year
$5,035
Gross receipts
$427,777
Employees
0
Volunteers
11
Year formed
1991
State of legal domicile
FL

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.

NameTitleHours / weekCompensation
Mike FranksAdministrator
Officer, Key employee, Highest-paid employee
40$40,000
Jimmy FranksPresident
Trustee or director, Officer, Key employee
15$0
Roger MullinsDirector
Trustee or director, Officer, Key employee
10$0
Riley SheltonDirector
Trustee or director
5$0

Address and contacts

Address (IRS master file)
1010 DOCTORS LAKE INLET CV, ORANGE PARK, FL 32073-6109
Principal officer (990 for 2024)
Michael Franks, 1010 Doctors Lake Inlet Cove, Orange Park, FL 32073
Signed the 990
Mike Franks, Administrator
Phone
(904) 215-7100

Mission

Provide humanitarian aid to foreign countries

990 for the year ended December 31, 2024

Program accomplishments

  • Operated orphanages providing food and shelter for children
    Expenses $173,054
  • Operated feeding centers for underprivileged children
    Expenses $101,300
  • Maintained classrooms and living facilities
    Expenses $147,729

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
59-3108991
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
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,035
Income (IRS master file)
$427,777

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$525,870$490,765$65,817IRS
990December 2022$498,335$528,136$30,712IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 HOPE FOR THE WORLD INC

What is the EIN of HOPE FOR THE WORLD INC?
The employer identification number (EIN) of HOPE FOR THE WORLD INC is 59-3108991.
Is HOPE FOR THE WORLD INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to HOPE FOR THE WORLD INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOPE FOR THE WORLD 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 FOR THE WORLD INC 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 HOPE FOR THE WORLD INC 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 HOPE FOR THE WORLD INC?
The 990 for the year ended December 31, 2024 names Michael Franks.
Who are the officers and directors of HOPE FOR THE WORLD INC?
The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $40,000 (Mike Franks, Administrator).
How much revenue does HOPE FOR THE WORLD INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $427,777, expenses of $464,765 and total assets of $5,035 at year end.

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