Nonprofit · EIN 61-1470925
OASIS OF HOPE
Tax-exempt · CORDOVA, TN 38018
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $190,823 | $325,374 | -$134,551 | $3,324,688 | $149,189 | $3,175,499 |
| February 28, 2025 | 990 | $675,730 | $1,061,579 | -$385,849 | $3,531,010 | $183,407 | $3,347,603 |
| February 29, 2024 | 990 | $870,905 | $873,312 | -$2,407 | $3,941,858 | $98,153 | $3,843,705 |
| February 28, 2023 | 990 | $618,297 | $811,049 | -$192,752 | $3,990,976 | $38,132 | $3,952,844 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $181,161
- of which government grants
- $84,847
- Program service revenue
- $0
- Investment income
- -$17,750
- Net rental income
- -$10,878
- Net gain from sales of assets
- -$17,750
- Net income from fundraising events
- -$1,295
- Other revenue
- $27,412
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $22,154
- Other salaries and wages
- $68,337
- Salaries, compensation and benefits (total)
- $97,648
- Professional fundraising fees
- $0
- Accounting fees
- $30,700
- Occupancy
- $21,115
- Travel
- $19,186
- Depreciation
- $1,999
- Program services (functional)
- $142,462
- Management and general (functional)
- $182,912
Balance sheet and other
- Total assets, start of year
- $3,531,010
- Total assets, end of year
- $3,324,688
- Total liabilities, end of year
- $149,189
- Net assets, end of year
- $3,175,499
- Land, buildings and equipment
- $1,721,443
- Gross receipts
- $253,456
- Employees
- 0
- Volunteers
- 52
- Year formed
- 2004
- State of legal domicile
- TN
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANA DRIVER | SECRETARY Trustee or director, Officer | 10 | $0 |
| ROBERT HYDE III | TREASURER Trustee or director, Officer | 10 | $0 |
| MICHAEL SCARBROUGH | CHIEF OPERATING OFFICER Trustee or director, Officer | 10 | $0 |
| DAVID WILES SR | DIRECTOR Trustee or director | 10 | $0 |
| MATTILYN BARNES | DIRECTOR Trustee or director | 10 | $0 |
| LYDIA BORS-KOEFOED | DIRECTOR Trustee or director | 10 | $0 |
| ROY BORS-KOEFOED MD | DIRECTOR Trustee or director | 10 | $0 |
| COLLEY COOPER | DIRECTOR Trustee or director | 10 | $0 |
| MELVIN LEWIS | DIRECTOR Trustee or director | 10 | $0 |
| RACHEL CLARK | DIRECTOR Trustee or director | 10 | $0 |
| COLLETE WOODS-BLACKWELL | DIRECTOR Trustee or director | 10 | $0 |
| MICHEAL HARRIS | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $0 |
| JOHN HVASTA | DIRECTOR Trustee or director | 10 | $0 |
990 for the year ended February 28, 2025: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOY MARSEILLE | EXECUTIVE DIRECTOR Officer | 40 | $60,330 | $4,200 |
| DANA DRIVER | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| ROBERT HYDE III | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| MICHAEL SCARBROUGH | CHAIRMAN Trustee or director, Officer | 10 | $0 | $0 |
| DAVID WILES SR | DIRECTOR Trustee or director | 10 | $0 | $0 |
| MATTILYN BARNES | DIRECTOR Trustee or director | 10 | $0 | $0 |
| LYDIA BORS-KOEFOED | DIRECTOR Trustee or director | 10 | $0 | $0 |
| ROY BORS-KOEFOED MD | DIRECTOR Trustee or director | 10 | $0 | $0 |
| COLLEY COOPER | DIRECTOR Trustee or director | 10 | $0 | $0 |
| MELVIN LEWIS | DIRECTOR Trustee or director | 10 | $0 | $0 |
| RACHEL CLARK | DIRECTOR Trustee or director | 10 | $0 | $0 |
| COLLETE WOODS-BLACKWELL | DIRECTOR Trustee or director | 10 | $0 | $0 |
990 for the year ended February 29, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOY MARSEILLE | EXECUTIVE DIRECTOR Officer | 40 | $76,330 |
| ELI MORRIS | CHAIRMAN Trustee or director, Officer | 10 | $0 |
| JACKIE BASS | DIRECTOR Trustee or director | 10 | $0 |
| HENRY BISHOP | DIRECTOR Trustee or director | 10 | $0 |
| CLARISSA CROWDER-HARRIS | DIRECTOR Trustee or director | 10 | $0 |
| JILL DYSON | DIRECTOR Trustee or director | 10 | $0 |
| JOHN HVASTA | DIRECTOR Trustee or director | 10 | $0 |
| JAMES ROCK | DIRECTOR Trustee or director | 10 | $0 |
| DANA DRIVER | SECRETARY Trustee or director, Officer | 10 | $0 |
| ROBERT HYDE III | TREASURER Trustee or director, Officer | 10 | $0 |
990 for the year ended February 28, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOY MARSEILLE | EXECUTIVE DIRECTOR Officer | 40 | $72,002 |
| ELI MORRIS | CHAIRMAN Trustee or director, Officer | 10 | $0 |
| JACKIE BASS | DIRECTOR Trustee or director | 10 | $0 |
| HENRY BISHOP | DIRECTOR Trustee or director | 10 | $0 |
| CLARISSA CROWDER-HARRIS | DIRECTOR Trustee or director | 10 | $0 |
| JILL DYSON | DIRECTOR Trustee or director | 10 | $0 |
| JOHN HVASTA | DIRECTOR Trustee or director | 10 | $0 |
| JAMES ROCK | DIRECTOR Trustee or director | 10 | $0 |
| DANA DRIVER | SECRETARY Trustee or director, Officer | 10 | $0 |
| ROBERT HYDE III | TREASURER Trustee or director, Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 8500 WALNUT GROVE RD, CORDOVA, TN 38018-7392
- In care of
- % TERRY HOFF
- Principal officer (990 for 2025)
- MICHAEL HARRIS, 8500 WALNUT GROVE RD, CORDOVA, TN 38018
- Signed the 990
- MICHAEL HARRIS, EXECUTIVE DIRECTOR
- Phone
- (901) 527-0074
- Website
- WWW.OASIS-OF-HOPE.COM
- Return prepared by
- ASCENT ACCOUNTING & ADVISORY PLLC
Mission
OASIS OF HOPE IS A NON-PROFIT, COMMUNITY-BASED ORGANIZATION THAT ENCOURAGES LIFE-ON-LIFE RELATIONSHIPS THAT CONNECT PEOPLE ACROSS RACIAL AND SOCIOECONOMIC BOUNDARIES.
Program accomplishments
- OASIS OF HOPE PROMOTED SPIRITUAL AND LEADERSHIP DEVELOPMENT IN YOUNG CHRISTIAN LEADERS BY PROVIDING YOUTH ACTIVITIES, SUMMER CAMPS & AFTER SCHOOL PROGRAMS.Expenses $110,408
- OASIS OF HOPE EMPOWERED NEIGHBORHOOD ADULTS BY PROVIDING EDUCATIONAL, EMPLOYMENT & CAREER DEVELOPMENT SERVICES THROUGHOUT THE COMMUNITY. THE ORGANIZATION ALSO PROVIDED SENIOR ASSISTANCE PROGRAMS.Expenses $32,054
- OASIS BUILDS AND REHABILITATES LOW-INCOME AREA HOUSING DEVELOPMENTS IN THE OASIS NEIGHBORHOOD IN INNER-CITY MEMPHIS.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | Check at the IRS |
IRS record
- EIN
- 61-1470925
- 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
- 2005
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $3,324,688
- Income (IRS master file)
- $253,456
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $190,823 | $325,374 | $3,324,688 | XML |
| 990 | February 2025 | $675,730 | $1,061,579 | $3,531,010 | XML |
| 990 | February 2024 | $870,905 | $873,312 | $3,941,858 | XML |
| 990 | February 2023 | $618,297 | $811,049 | $3,990,976 | XML |
| 990 | February 2022 | $638,953 | $602,325 | $2,355,340 | IRS |
| 990 | February 2021 | – | – | – | IRS |
| 990 | February 2019 | – | – | – | 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 61-1470925).
Questions about OASIS OF HOPE
- What is the EIN of OASIS OF HOPE?
- The employer identification number (EIN) of OASIS OF HOPE is 61-1470925.
- Is OASIS OF HOPE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to OASIS OF HOPE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OASIS OF HOPE 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 OASIS OF HOPE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OASIS OF HOPE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of OASIS OF HOPE?
- The 990 for the year ended June 30, 2025 names MICHAEL HARRIS.
- Who are the officers and directors of OASIS OF HOPE?
- The 990 for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does OASIS OF HOPE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $190,823, expenses of $325,374 and total assets of $3,324,688 at year end.
Other nonprofits in CORDOVA
- BELLEVUE FOUNDATION INC EIN 62-1818929 · last filed 990 for 2024
- MID AMERICA STUDENT HOUSING INC EIN 62-1673035 · last filed 990 for 2024
- LATRICE RYAN MINISTRIES INC EIN 27-2490032 · last filed 990 for 2024
- ABIDING ABOVE MINISTRIES INC EIN 16-1686824 · last filed 990 for 2025
- JOHN BRAMLETT MINISTRY INC EIN 58-1346673 · last filed 990 for 2024
- TRUTH SEEKERS FELLOWSHIP EIN 62-1543509 · last filed 990-EZ for 2024
- JOURNEY TO DESTINY MINISTRIES EIN 81-0788240 · last filed 990-EZ for 2025
- TRANSFORMING CONGREGATIONS NETWORK EIN 26-1906798 · last filed 990-EZ for 2025