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Nonprofit · EIN 80-0660756

HYPE FOUNDATION INC

Tax-exempt (reinstated) · KATY, TX 77449

Financials

$5.8M$5.8M2025
Revenue Expenses · by fiscal year end
Financials of HYPE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$5,821,907$5,838,000-$16,093$803,892$818,544-$14,652
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$5,821,907
of which government grants
$5,821,907
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$5,033,837
Other salaries and wages
$732,314
Salaries, compensation and benefits (total)
$732,314
Professional fundraising fees
$0
Program services (functional)
$5,828,000
Management and general (functional)
$10,000

Balance sheet and other

Total assets, start of year
$432,350
Total assets, end of year
$803,892
Total liabilities, end of year
$818,544
Net assets, end of year
-$14,652
Land, buildings and equipment
$7,878
Net assets without donor restrictions
-$14,652
Gross receipts
$5,821,907
Employees
13
Year formed
2015
State of legal domicile
TX

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
DARNELL SIMMONSEXEC DIR
Officer
40$101,871
MARIE ANDREWSDIRECTOR
Trustee or director
0$0
JOHN RANDLEDIRECTOR
Trustee or director
0$0
JANICE WRIGHTDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
19435 ELMTREE ESTATES DR, KATY, TX 77449-4325
In care of
% DARNELL SIMMONS
Principal officer (990 for 2025)
DARNELL SIMMONS, 19435 ELMTREE ESTATES DR, KATY, TX 77449
Signed the 990
DARNELL SIMMONS, EXEC DIR
Phone
(281) 345-8400
Return prepared by
Wood Stephens & ONeil LLP

Mission

THE ORGANIZATION IS AN APPROVED SPONSOR UNDER THE USDA CACFP CCC PROGRAM.

990 for the year ended December 31, 2025

Program accomplishments

  • THE ORGANIZATION IS AN APPROVED SPONSOR UNDER THE USDA CACFP CCC PROGRAM.
    Expenses $5,828,000

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
80-0660756
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
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P30)
Assets (IRS master file)
$803,892
Income (IRS master file)
$5,821,907

Revocation and reinstatement

Exemption revoked
May 15, 2013
Posted by the IRS
August 12, 2013
Reinstated
Effective October 15, 2013

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025–––IRS
990December 2024–––IRS
990December 2023$5,772,517$5,635,615$1,295,550IRS
990December 2022$3,419,748$3,386,283$606,101IRS
990December 2021–––IRS
990December 2020–––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 HYPE FOUNDATION INC

What is the EIN of HYPE FOUNDATION INC?
The employer identification number (EIN) of HYPE FOUNDATION INC is 80-0660756.
Is HYPE FOUNDATION INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2013 and reinstated it effective October 15, 2013.
Are donations to HYPE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HYPE FOUNDATION 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 HYPE FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HYPE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of HYPE FOUNDATION INC?
The 990 for the year ended December 31, 2025 names DARNELL SIMMONS.
Who are the officers and directors of HYPE FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $101,871 (DARNELL SIMMONS, EXEC DIR).
How much revenue does HYPE FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $5,821,907, expenses of $5,838,000 and total assets of $803,892 at year end.

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