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Nonprofit · EIN 82-4228151

MORGAN HOFFMANN FOUNDATION

Tax-exempt · CLEVELAND, OH 44122

Financials

$291K$464K2024
Revenue Expenses · by fiscal year end
Financials of MORGAN HOFFMANN FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$291,355$463,568-$172,213$2,056,148$5,428$2,050,720
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$382,304
Program service revenue
$0
Investment income
$754
Net income from fundraising events
-$91,703
Other revenue
-$91,703

Expenses

Grants and similar amounts paid
$6,000
Other salaries and wages
$128,186
Salaries, compensation and benefits (total)
$128,186
Professional fundraising fees
$0
Legal fees
$10,668
Occupancy
$1,348
Travel
$30,311
Depreciation
$53,043
Program services (functional)
$52,413
Management and general (functional)
$411,155

Balance sheet and other

Total assets, start of year
$2,225,785
Total assets, end of year
$2,056,148
Total liabilities, end of year
$5,428
Net assets, end of year
$2,050,720
Land, buildings and equipment
$1,984,972
Gross receipts
$383,058
Employees
0
Volunteers
0
Year formed
2018
State of legal domicile
OH

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
MORGAN HOFFMANPRESIDENT/DIRECTOR
Officer
0$0
CHELSEA COLVARDVICE PRESIDENT/DIRECTOR
Officer
0$0
DAVE LIGHTNERTREASURER
Officer
0$0

Address and contacts

Address (IRS master file)
22901 MILLCREEK BLVD STE 225, CLEVELAND, OH 44122-5701
Principal officer (990 for 2024)
MORGAN HOFFMANN, 22901 MILLCREEK BLVD STE 225, CLEVELAND, OH 44122
Signed the 990
MORGAN HOFFMANN, OFFICER
Phone
(216) 328-5700
Return prepared by
FSM WEALTH ADVISORS

Mission

TO LEAD THE RACE TO FIND A CURE FOR MUSCULAR DYSTROPHY THROUGH RESEARCH AND THE ESTABLISHMENT OF HEALTH & WELLNESS CENTERS.

990 for the year ended December 31, 2024

Program accomplishments

  • FARM EXPENSES OF WELLNESS CENTER
    Expenses $46,413
  • NYC MARATHON EVENT
    Expenses $6,000 · grants $6,000

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
82-4228151
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
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,056,148
Income (IRS master file)
$383,058

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$406,131$287,123$2,225,785IRS
990December 2022$210,982$291,292$2,050,008IRS
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 MORGAN HOFFMANN FOUNDATION

What is the EIN of MORGAN HOFFMANN FOUNDATION?
The employer identification number (EIN) of MORGAN HOFFMANN FOUNDATION is 82-4228151.
Is MORGAN HOFFMANN FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to MORGAN HOFFMANN FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MORGAN HOFFMANN 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 MORGAN HOFFMANN 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 MORGAN HOFFMANN 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 MORGAN HOFFMANN FOUNDATION?
The 990 for the year ended December 31, 2024 names MORGAN HOFFMANN.
Who are the officers and directors of MORGAN HOFFMANN FOUNDATION?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does MORGAN HOFFMANN FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $291,355, expenses of $463,568 and total assets of $2,056,148 at year end.

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