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Nonprofit · EIN 81-1689995

KTA FUNDING HOPE FOUNDATION

Tax-exempt · BERWYN, PA 19312

Financials

$56K$40K2023$51K$35K2024
Revenue Expenses · by fiscal year end
Financials of KTA FUNDING HOPE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$50,881$35,046$15,835$549,551$0$549,551
December 31, 2023990$56,113$40,071$16,042$526,102$3,833$522,269
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$7,309
Program service revenue
$0
Investment income
$43,572
Net gain from sales of assets
$29,145
Other revenue
$0

Expenses

Grants and similar amounts paid
$30,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,260
Program services (functional)
$30,000
Management and general (functional)
$5,046

Balance sheet and other

Total assets, start of year
$526,102
Total assets, end of year
$549,551
Total liabilities, end of year
$0
Net assets, end of year
$549,551
Publicly traded securities
$523,163
Net assets without donor restrictions
$549,551
Gross receipts
$142,954
Employees
0
Volunteers
18
Year formed
2016
State of legal domicile
PA

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
DAVID KOVACHPRESIDENT, CHAIR
Trustee or director, Officer
1$0
TARA CYLCEWSKIVICE PRES AS OF JUNE 2024, BOARD MBR
Trustee or director, Officer
1$0
MATTHEW ARNOLDTREASURER
Trustee or director, Officer
1$0
CAROLINE SPRINGOBSECRETARY AS OF JUNE 2024
Trustee or director, Officer
1$0
MAUREEN MANIONBOARD MEMBER
Trustee or director
1$0
MIKE MARANSKYBOARD MEMBER
Trustee or director
1$0
KRISTINE MOOREBOARD MEMBER
Trustee or director
1$0
FAITH ROMOLINIBOARD MEMBER
Trustee or director
1$0
LAURA WADLINBOARD MEMBER
Trustee or director
1$0
ANDREW REDERVICE PRESIDENT TO JUNE 2024
Trustee or director, Officer
1$0
JACLYN SWAVELYSECRETARY TO JUNE 2024
Trustee or director, Officer
1$0
PAUL STANKIEWICZBOARD MEMBER TO JUNE 2024
Trustee or director
1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
DAVID KOVACHPRESIDENT, CHAIR
Trustee or director, Officer
1$0
ANDREW REDERVICE PRESIDENT
Trustee or director, Officer
1$0
MATTHEW ARNOLDTREASURER
Trustee or director, Officer
1$0
JACLYN SWAVELYSECRETARY
Trustee or director, Officer
1$0
TARA CYLCEWSKIBOARD MEMBER
Trustee or director
1$0
ALAN GOODBOARD MEMBER
Trustee or director
1$0
STEVE GOTHARDBOARD MEMBER
Trustee or director
1$0
MAUREEN MANIONBOARD MEMBER
Trustee or director
1$0
MIKE MARANSKYBOARD MEMBER
Trustee or director
1$0
KRISTINE MOOREBOARD MEMBER
Trustee or director
1$0
PAUL STANKIEWICZBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
920 CASSATT RD STE 205, BERWYN, PA 19312-1178
Mailing address (990-N for 2018)
920 CASSATT ROAD NO 205, BERWYN PA 19312
Principal officer (990 for 2024)
DAVID KOVACH, 920 CASSATT ROAD 205, BERWYN, PA 19312
Principal officer (990-N for 2018)
DAVID KOVACH, 920 CASSATT ROAD NO 205, BERWYN PA 19312
Signed the 990
DAVID KOVACH, PRESIDENT
Phone
(610) 722-3356
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

KTA FUNDING HOPE FOUNDATION IS DEDICATED TO FUNDING HOPE FOR INDIVIDUALS AND ANIMALS IN OUR COMMUNITY. WE PASSIONATELY STRIVE TO INSPIRE HOPE IN DISADVANTAGED INDIVIDUALS AND ANIMALS TO HELP BETTER THEIR LIVES AND SPIRITS.

990 for the year ended December 31, 2024

Program accomplishments

  • DURING 2024, THE FOUNDATION AWARDED GRANTS TO FOUR ORGANIZATIONS THAT SUPPORT DISADVANTAGED INDIVIDUALS. KTA FUNDING HOPE ALSO PARTICIPATED IN 2 SERVICE DAYS TO SUPPORT OTHER LOCAL ORGANIZATIONS.
    Expenses $30,000 · grants $30,000

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, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-1689995
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$555,272
Income (IRS master file)
$121,663

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$50,881$35,046$549,551XML
990December 2023$56,113$40,071$526,102XML
990December 2022$24,199$42,599$466,415IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2018
Officer: DAVID KOVACH
December 31, 2018≤ $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 81-1689995).

Questions about KTA FUNDING HOPE FOUNDATION

What is the EIN of KTA FUNDING HOPE FOUNDATION?
The employer identification number (EIN) of KTA FUNDING HOPE FOUNDATION is 81-1689995.
Is KTA FUNDING HOPE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to KTA FUNDING HOPE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KTA FUNDING HOPE FOUNDATION 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 KTA FUNDING HOPE FOUNDATION 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 KTA FUNDING HOPE FOUNDATION 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 KTA FUNDING HOPE FOUNDATION?
The 990 for the year ended December 31, 2024 names DAVID KOVACH.
Who are the officers and directors of KTA FUNDING HOPE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does KTA FUNDING HOPE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $50,881, expenses of $35,046 and total assets of $549,551 at year end.

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