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Nonprofit · EIN 62-1743371

HOPEWORKS INC

Tax-exempt · MEMPHIS, TN 38122

Financials

$5.1M$4.5M2022$5.8M$5.3M2023$5.9M$5M2024
Revenue Expenses · by fiscal year end
Financials of HOPEWORKS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$5,853,320$4,989,201$864,119$7,267,730$688,126$6,579,604
June 30, 2024990$5,816,704$5,314,983$501,721$6,177,632$462,147$5,715,485
June 30, 2023990$5,051,250$4,497,996$553,254$5,442,046$228,282$5,213,764
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$5,679,697
of which government grants
$3,101,760
Program service revenue
$16,025
Investment income
$94,070
Net income from fundraising events
$57,392
Other revenue
$63,528

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$136,701
Other salaries and wages
$3,095,769
Salaries, compensation and benefits (total)
$3,732,746
Professional fundraising fees
$0
Legal fees
$1,843
Accounting fees
$45,562
Occupancy
$174,399
Travel
$28,696
Depreciation
$132,888
Program services (functional)
$4,302,296
Management and general (functional)
$606,742
Fundraising (functional)
$80,163

Balance sheet and other

Total assets, start of year
$6,177,507
Total assets, end of year
$7,267,730
Total liabilities, end of year
$688,126
Net assets, end of year
$6,579,604
Land, buildings and equipment
$2,940,605
Net assets without donor restrictions
$2,627,467
Net assets with donor restrictions
$3,952,137
Gross receipts
$5,921,602
Employees
73
Volunteers
236
Year formed
1998
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.

NameTitleHours / weekCompensation
RON WADEEXECUTIVE DIRECTOR
Officer
40$139,615
BRETT CURTISBOARD CHAIR
Trustee or director, Officer
2$0
BRENDA GARNERBOARD SECRETARY
Trustee or director, Officer
2$0
MICHAEL MAXWELLBOARD TREASURER
Trustee or director, Officer
2$0
ROBERT BECKETTDIRECTOR
Trustee or director
2$0
BEVERLY LATIMOREDIRECTOR
Trustee or director
2$0
PATRICK PARSONDIRECTOR
Trustee or director
2$0
EDWARD WILDRICKDIRECTOR
Trustee or director
2$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensation
RON WADEEXECUTIVE DIRECTOR
Officer
40$136,071
EDWARD WILDRICKDIRECTOR
Trustee or director
2$0
PATRICK PARSONDIRECTOR
Trustee or director
2$0
ROBERT BECKETTDIRECTOR
Trustee or director
2$0
BEVERLY LATTIMOREDIRECTOR
Trustee or director
2$0
BRETT CURTISBOARD CHAIR
Trustee or director, Officer
2$0
MICHAEL MAXWELLBOARD TREASURER
Trustee or director, Officer
2$0
BRENDA GARNERBOARD SECRETARY
Trustee or director, Officer
2$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensation
RON WADEEXECUTIVE DIRECTOR
Officer
40$132,425
CHARLIE MAXWELLCHAIRMAN
Trustee or director, Officer
2$0
CHRIS EVANSDIRECTOR
Trustee or director
2$0
RONNIE MARTINDIRECTOR
Trustee or director
2$0
PATRICK PARSONDIRECTOR
Trustee or director
2$0
ROBERT BECKETTDIRECTOR
Trustee or director
2$0
BEVERLY LATTIMOREDIRECTOR
Trustee or director
2$0
CURTIS BRETTDIRECTOR
Trustee or director
2$0
MICHAEL MAXWELLDIRECTOR
Trustee or director
2$0
BRENDA GARNERDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
3337 SUMMER AVE, MEMPHIS, TN 38122-5136
In care of
% RON WADE
Principal officer (990 for 2024)
RON WADE, 3337 SUMMER AVENUE, MEMPHIS, TN 38122
Signed the 990
RON WADE, EXECUTIVE DIRECTOR
Phone
(901) 272-3700
Return prepared by
LBMC PC

Mission

HOPEWORKS PROVIDES HOPE IN JESUS CHRIST AND OPPORTUNITIES FOR SUSTAINABLE WORK THROUGH EDUCATION AND LIFELONG SERVICES.

990 for the year ended June 30, 2025

Program accomplishments

  • TRAINING COURSES FOR CAREER DEVELOPMENT OF THE UNEMPLOYED AND WELFARE RECIPIENTS. SERVED OVER 185 ADULT STUDENTS THROUGH PERSONAL AND CAREER DEVELOPMENT CLASSES AND OVER 2,126 ADULT STUDENTS THROUGH GED CLASSES. SERVED OVER 752 INDIVIDUAL ADULTS AND CHILDREN WITH HEALTH, HYGIENE, AND HOUSEHOLD COMMODITIES.
    Expenses $4,302,296 · revenue $16,025

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
62-1743371
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
1999
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J20)
Assets (IRS master file)
$7,267,730
Income (IRS master file)
$5,921,602

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$5,853,320$4,989,201$7,267,730XML
990June 2024$5,816,704$5,314,983$6,177,632XML
990June 2023$5,051,250$4,497,996$5,442,046XML
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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 62-1743371).

Questions about HOPEWORKS INC

What is the EIN of HOPEWORKS INC?
The employer identification number (EIN) of HOPEWORKS INC is 62-1743371.
Is HOPEWORKS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to HOPEWORKS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOPEWORKS 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 HOPEWORKS INC 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 HOPEWORKS INC 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 HOPEWORKS INC?
The 990 for the year ended June 30, 2025 names RON WADE.
Who are the officers and directors of HOPEWORKS INC?
The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $139,615 (RON WADE, EXECUTIVE DIRECTOR).
How much revenue does HOPEWORKS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $5,853,320, expenses of $4,989,201 and total assets of $7,267,730 at year end.

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