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Nonprofit · EIN 80-0149522

NAT KING COLE GENERATION HOPE INC

Tax-exempt · BOCA RATON, FL 33431

Financials

$348K$408K2023$545K$408K2024
Revenue Expenses · by fiscal year end
Financials of NAT KING COLE GENERATION HOPE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$544,751$408,399$136,352$252,984$17,522$235,462
December 31, 2023990$347,809$408,350-$60,541$105,587$6,477$99,110
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$524,567
Program service revenue
$0
Investment income
$3,646
Net income from fundraising events
$16,538
Other revenue
$16,538

Expenses

Grants and similar amounts paid
$3,676
Compensation of officers, directors and key employees
$83,200
Other salaries and wages
$61,631
Salaries, compensation and benefits (total)
$155,911
Professional fundraising fees
$0
Accounting fees
$7,066
Occupancy
$14,400
Depreciation
$108
Program services (functional)
$342,890
Management and general (functional)
$49,851
Fundraising (functional)
$15,658

Balance sheet and other

Total assets, start of year
$105,587
Total assets, end of year
$252,984
Total liabilities, end of year
$17,522
Net assets, end of year
$235,462
Net assets without donor restrictions
$130,962
Net assets with donor restrictions
$104,500
Gross receipts
$559,605
Employees
3
Volunteers
100
Year formed
2008
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
Shanna St JohnExecutive Director
Officer
40$83,200
Timolin Cole-AugustusPresident
Trustee or director, Officer
4$0
Casey Cole-RayVice-President
Trustee or director, Officer
4$0
Karli Vazquez-MendezBoard Member
Trustee or director
2$0
Liz McDermottBoard Member
Trustee or director
2$0
Beth StibalBoard Member
Trustee or director
2$0
Joe BarillaBoard Member
Trustee or director
2$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Shanna St JohnExecutive Director
Officer
40$80,000
Timolin Cole-AugustusPresident
Trustee or director, Officer
4$0
Casey Cole-RayVice-President
Trustee or director, Officer
4$0
Karli Vazquez-MendezBoard Member
Trustee or director
2$0
Liz McDermottBoard Member
Trustee or director
2$0
Beth StibalBoard Member
Trustee or director
2$0
Joe BarillaBoard Member
Trustee or director
2$0

Address and contacts

Address (IRS master file)
4710 NW 2ND AVE STE 204, BOCA RATON, FL 33431-4161
In care of
% TIMOLIN COLE AUGUSTUS
Mailing address (990-N for 2011)
21218 St Andrews Blvd, Boca Raton FL 33433
Principal officer (990 for 2024)
Timolin Cole-Augustus, 6217 NW 23rd Dr, Boca Raton, FL 33434
Principal officer (990-N for 2011)
Timolin Cole Augustus, 21218 St Andrews Blvd, Boca Raton FL 33433
Signed the 990
Timolin Cole-Augustus, President
Phone
(561) 213-8209
Return prepared by
KATHLEEN M SHAFER CPA

Mission

Nat King Cole Generation Hope, Inc. provides access to music education for children with the greatest need by cultivating opportunities and funding programs for instruction, mentoring and resources.

990 for the year ended December 31, 2024

Program accomplishments

  • Funding music education programs which provide for instruction, mentoring and resources.
    Expenses $342,890 · grants $3,676 · revenue $541,917

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
80-0149522
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
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$252,984
Income (IRS master file)
$559,605

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$544,751$408,399$252,984IRS
990December 2023$347,809$408,350$105,587XML
990December 2022$313,105$228,256$164,155IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2011
Officer: Timolin Cole Augustus
December 31, 2011≤ $50,000 receipts––e-Postcard

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 80-0149522).

Questions about NAT KING COLE GENERATION HOPE INC

What is the EIN of NAT KING COLE GENERATION HOPE INC?
The employer identification number (EIN) of NAT KING COLE GENERATION HOPE INC is 80-0149522.
Is NAT KING COLE GENERATION HOPE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to NAT KING COLE GENERATION HOPE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NAT KING COLE GENERATION HOPE 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 NAT KING COLE GENERATION HOPE 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 NAT KING COLE GENERATION HOPE 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 NAT KING COLE GENERATION HOPE INC?
The 990 for the year ended December 31, 2024 names Timolin Cole-Augustus.
Who are the officers and directors of NAT KING COLE GENERATION HOPE INC?
The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $83,200 (Shanna St John, Executive Director).
How much revenue does NAT KING COLE GENERATION HOPE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $544,751, expenses of $408,399 and total assets of $252,984 at year end.

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