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Nonprofit · EIN 81-2185039

OLIVIAS HOPE FOUNDATION

Tax-exempt · OYSTER BAY, NY 11771

Financials

$202K$133K2023$401K$280K2024
Revenue Expenses · by fiscal year end
Financials of OLIVIAS HOPE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$400,530$280,214$120,316$523,354$0$523,354
December 31, 2023990$202,022$132,840$69,182$404,313$0$404,313
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$393,555
Program service revenue
$0
Investment income
$6,975
Other revenue
$0

Expenses

Grants and similar amounts paid
$137,475
Compensation of officers, directors and key employees
$16,000
Salaries, compensation and benefits (total)
$17,411
Professional fundraising fees
$0
Accounting fees
$1,000
Occupancy
$8,505
Program services (functional)
$155,445
Management and general (functional)
$45,542
Fundraising (functional)
$79,227

Balance sheet and other

Total assets, start of year
$404,313
Total assets, end of year
$523,354
Total liabilities, end of year
$0
Net assets, end of year
$523,354
Net assets without donor restrictions
$523,354
Gross receipts
$400,530
Employees
1
Volunteers
10
Year formed
2018
State of legal domicile
NY

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
MICHELLE LORUSSOPRESIDENT
Trustee or director, Officer
30$16,000
LINDA DONATOTRUSTEE
Trustee or director
1$0
RON MCMANUSTRUSTEE
Trustee or director
1$0
MIKE NIKOLAITRUSTEE
Trustee or director
1$0
LAUREE VASTATRUSTEE
Trustee or director
1$0
AMY NIKOLAITREASURER
Officer
10$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
MIKE NIKOLAITRUSTEE
Trustee or director
1$0
LINDA DONATOTRUSTEE
Trustee or director
1$0
RON MCMANUSTRUSTEE
Trustee or director
1$0
MICHELLE LORUSSOPRESIDENT
Officer
30$0
LAUREE VASTATRUSTEE
Trustee or director
1$0
AMY NIKOLAITREASURER
Officer
10$0

Address and contacts

Address (IRS master file)
5 DONNA DR, OYSTER BAY, NY 11771-4509
Principal officer (990 for 2024)
MICHELLE LORUSSO, 111 SOUTH STREET SUITE 211, OYSTER BAY, NY 11771
Signed the 990
MICHELLE LORUSSO, PRESIDENT
Phone
(516) 660-2727
Return prepared by
KAMPFER & LISS CPAS LLP

Mission

DONATIONS ARE MADE TO OTHER NON PROFIT ORGANIZATIONS FOR CANCER RESEARCH AND ASSIST FAMILIES THAT ARE CURRENTLY IN TREATMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • RAISED MONEY TO DONATE TO DONATE TO NONPROFIT ORGANIZATIONS TO ACHIEVE A CURE FOR CANCER.
  • RAISED MONEY TO DONATE TO NONPROFIT ORGANIZATIONS
    Expenses $155,445 · grants $137,475

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
81-2185039
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$523,354
Income (IRS master file)
$400,530

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$400,530$280,214$523,354IRS
990December 2023$202,022$132,840$404,313XML
990December 2022$203,163$211,335$335,269IRS
990December 2021$215,737$133,491$344,313IRS
990December 2020–––IRS
990December 2019–––IRS
990-EZDecember 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 81-2185039).

Questions about OLIVIAS HOPE FOUNDATION

What is the EIN of OLIVIAS HOPE FOUNDATION?
The employer identification number (EIN) of OLIVIAS HOPE FOUNDATION is 81-2185039.
Is OLIVIAS HOPE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to OLIVIAS HOPE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OLIVIAS 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 OLIVIAS HOPE FOUNDATION 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 OLIVIAS 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 OLIVIAS HOPE FOUNDATION?
The 990 for the year ended December 31, 2024 names MICHELLE LORUSSO.
Who are the officers and directors of OLIVIAS HOPE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $16,000 (MICHELLE LORUSSO, PRESIDENT).
How much revenue does OLIVIAS HOPE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $400,530, expenses of $280,214 and total assets of $523,354 at year end.

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