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Nonprofit · EIN 72-1610023

STREAMS OF HOPE

Tax-exempt · GRAND RAPIDS, MI 49548

Financials

$2M$1.7M2023$1.8M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of STREAMS OF HOPE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,753,696$1,640,044$113,652$3,204,437$322,241$2,882,196
December 31, 2023990$2,027,721$1,690,292$337,429$3,208,107$439,563$2,768,544
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,682,071
Program service revenue
$0
Investment income
$46
Net rental income
$71,579
Other revenue
$71,579

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$94,213
Other salaries and wages
$270,240
Salaries, compensation and benefits (total)
$395,718
Professional fundraising fees
$0
Legal fees
$10
Accounting fees
$15,604
Occupancy
$61,503
Travel
$4,713
Depreciation
$96,071
Program services (functional)
$1,358,024
Management and general (functional)
$168,362
Fundraising (functional)
$113,658

Balance sheet and other

Total assets, start of year
$3,208,107
Total assets, end of year
$3,204,437
Total liabilities, end of year
$322,241
Net assets, end of year
$2,882,196
Land, buildings and equipment
$2,901,283
Net assets without donor restrictions
$2,792,590
Net assets with donor restrictions
$89,606
Gross receipts
$1,753,696
Employees
31
Volunteers
62
Year formed
2005
State of legal domicile
MI

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
Kurtis KaecheleExecutive Director
Officer
40$94,213
Paul HoltropDirector
Trustee or director
1$0
Jason BoersmaDirector
Trustee or director
1$0
Edward ColeDirector
Trustee or director
1$0
David GiangDirector
Trustee or director
1$0
Leatha RobertsDirector
Trustee or director
1$0
Allie CorfixsenDirector
Trustee or director
1$0
Ken VisserDirector
Trustee or director
1$0
Lynn RheinDirector
Trustee or director
1$0
Steve SmithDirector
Trustee or director
1$0
Scott CousinoVice Chair
Trustee or director, Officer
2$0
Evan HordykChairperson
Trustee or director, Officer
2$0
Jennifer VanDykeSecretary
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
Kurtis KaecheleExecutive Director
Officer
40$84,716$1,430
Allie CorfixsenDirector
Trustee or director
1$0$0
Leatha RobertsDirector
Trustee or director
1$0$0
Ken VisserDirector
Trustee or director
1$0$0
Steve SmithDirector
Trustee or director
1$0$0
Lynn RheinDirector
Trustee or director
1$0$0
David GiangDirector
Trustee or director
1$0$0
Edward ColeDirector
Trustee or director
1$0$0
Jason BoersmaDirector
Trustee or director
1$0$0
Paul HoltropDirector
Trustee or director
1$0$0
Evan HordykChairperson
Trustee or director, Officer
2$0$0
Jennifer VanDykeSecretary
Trustee or director, Officer
2$0$0
Scott CousinoVice Chair
Trustee or director, Officer
2$0$0

Address and contacts

Address (IRS master file)
280 60TH ST SE, GRAND RAPIDS, MI 49548-8504
In care of
% KURTIS KAECHELE
Principal officer (990 for 2024)
Kurtis Kaechele, 280 60th Street SE, Grand Rapids, MI 49548
Signed the 990
KURTIS KAECHELE, Executive Director
Phone
(616) 272-3634
Return prepared by
James H Quist CPA PLC

Mission

We exist to demonstrate the love of Jesus through programs and relationships that build a healthier neighborhood.

990 for the year ended December 31, 2024

Program accomplishments

  • Since its inception in 2006, Streams of Hope has been dedicated to serving southeast Kent County. Through a diverse range of twelve developmental programs, Streams aspires to become the hub of a healthy neighborhood. Each month, Streams offers essential supplementary groceries through our Food Center, and free educational support for students of all ages. This support includes tutoring for children in grades K-5, Homework Help for middle and high school students, and a free GED/High School Diploma program for adults. Streams also provides invaluable financial strategy and workforce development programs, which empower local families to transition from poverty to building a lasting legacy of wealth. See Schedule O
    Expenses $1,358,024

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
72-1610023
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
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P30)
Assets (IRS master file)
$3,204,437
Income (IRS master file)
$1,753,696

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,753,696$1,640,044$3,204,437XML
990December 2023$2,027,721$1,690,292$3,208,107XML
990December 2022$1,718,178$1,547,397$3,334,534IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 72-1610023).

Questions about STREAMS OF HOPE

What is the EIN of STREAMS OF HOPE?
The employer identification number (EIN) of STREAMS OF HOPE is 72-1610023.
Is STREAMS OF HOPE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to STREAMS OF HOPE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does STREAMS 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 STREAMS OF HOPE 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 STREAMS OF HOPE 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 STREAMS OF HOPE?
The 990 for the year ended December 31, 2024 names Kurtis Kaechele.
Who are the officers and directors of STREAMS OF HOPE?
The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $94,213 (Kurtis Kaechele, Executive Director).
How much revenue does STREAMS OF HOPE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,753,696, expenses of $1,640,044 and total assets of $3,204,437 at year end.

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