Skip to main content

Nonprofit · EIN 82-2592296

HOPE TO OPPORTUNITIES FOUNDATION

Tax-exempt · AMARILLO, TX 79110

Financials

$1.4M$123K2023$574K$116K2024
Revenue Expenses · by fiscal year end
Financials of HOPE TO OPPORTUNITIES FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$573,627$115,857$457,770$6,469,210$227,504$6,241,706
December 31, 2023990$1,361,101$123,396$1,237,705$5,852,129$68,193$5,783,936
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$317,251
of which government grants
$43,155
Program service revenue
$0
Investment income
$128,773
Net gain from sales of assets
$605
Net income from fundraising events
$127,503
Other revenue
$127,603

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$85,000
Salaries, compensation and benefits (total)
$91,503
Professional fundraising fees
$0
Accounting fees
$2,205
Occupancy
$10
Travel
$531
Depreciation
$4,408
Program services (functional)
$6,342
Management and general (functional)
$105,753
Fundraising (functional)
$3,762

Balance sheet and other

Total assets, start of year
$5,852,129
Total assets, end of year
$6,469,210
Total liabilities, end of year
$227,504
Net assets, end of year
$6,241,706
Land, buildings and equipment
$5,213,846
Publicly traded securities
$918,769
Net assets without donor restrictions
$6,241,706
Gross receipts
$2,747,185
Employees
1
Year formed
2017
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
CARLA HUGHESPRESIDENT
Trustee or director, Officer
–$0
RICHARD THORNECFO/TREASURE
Trustee or director, Officer
–$0
DOUG CONDERDIRECTOR
Trustee or director, Officer
–$0
JOHN BROWNDIRECTOR
Trustee or director, Officer
–$0
BOBBY COOPERDIRECTOR
Trustee or director, Officer
–$0
JD GRAHAMDIRECTOR
Trustee or director, Officer
–$0
BROOKE REAVESDIRECTOR
Trustee or director, Officer
–$0
JEREMY BRADFORDDIRECTOR
Trustee or director, Officer
–$0
J'NETTE THORNESECRETARY
Institutional trustee
–$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
CARLA HUGHESPRESIDENT
Trustee or director, Officer
–$0
RICHARD THORNECFO/TREASURE
Trustee or director, Officer
–$0
DOUG CONDERDIRECTOR
Trustee or director, Officer
–$0
JOHN BROWNDIRECTOR
Trustee or director, Officer
–$0
BOBBY COOPERDIRECTOR
Trustee or director, Officer
–$0
JD GRAHAMDIRECTOR
Trustee or director, Officer
–$0
BROOKE REAVESDIRECTOR
Trustee or director, Officer
–$0
JEREMY BRADFORDDIRECTOR
Trustee or director, Officer
–$0
J'NETTE THORNESECRETARY
Institutional trustee
–$0

Address and contacts

Address (IRS master file)
5241 S WASHINGTON ST, AMARILLO, TX 79110-3539
In care of
% CARLA HUGHES
Principal officer (990 for 2024)
CARLA HUGHES, 13509 S OSAGE, AMARILLO, TX 79118
Signed the 990
RICHARD THORNE, CFO/TREASURER
Phone
(806) 353-5868
Return prepared by
CONDER KLETCHKA & ASSOCIATES PLLC

Mission

TO PROVIDE A STABLE AND SECURE SOURCE OF FUNDING FOR ADVO COMPANIES, INC. IN ORDER TO PROVIDE MEANINGFUL AND PRODUCTIVE EMPLOYMENT AND A SAFE LIVING ENVIRONMENT TO PERSONS WITH DISABILITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • FUND RAISING TOWARDS MISSION OF SECURING FUNDING FOR ADVO COMPANIES, INC.
    Expenses $6,342

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
82-2592296
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
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,469,210
Income (IRS master file)
$2,747,185

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$573,627$115,857$6,469,210XML
990December 2023$1,361,101$123,396$5,852,129XML
990December 2022$838,497$169,513$4,562,467IRS
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 82-2592296).

Questions about HOPE TO OPPORTUNITIES FOUNDATION

What is the EIN of HOPE TO OPPORTUNITIES FOUNDATION?
The employer identification number (EIN) of HOPE TO OPPORTUNITIES FOUNDATION is 82-2592296.
Is HOPE TO OPPORTUNITIES FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to HOPE TO OPPORTUNITIES FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOPE TO OPPORTUNITIES 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 HOPE TO OPPORTUNITIES 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 HOPE TO OPPORTUNITIES 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 HOPE TO OPPORTUNITIES FOUNDATION?
The 990 for the year ended December 31, 2024 names CARLA HUGHES.
Who are the officers and directors of HOPE TO OPPORTUNITIES FOUNDATION?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does HOPE TO OPPORTUNITIES FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $573,627, expenses of $115,857 and total assets of $6,469,210 at year end.

Other nonprofits in AMARILLO

All nonprofits in AMARILLO · Texas · Philanthropy, voluntarism and grantmaking foundations