Nonprofit · EIN 83-2684480
PALETTE HOPE
Tax-exempt · RICHARDSON, TX 75080
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $359 | $670 | -$311 | $2,676 | $0 | $2,676 |
| December 31, 2024 | 990-EZ | $583 | $157 | $426 | $2,987 | $0 | $2,987 |
| December 31, 2023 | 990-EZ | $94 | $228 | -$134 | $2,561 | $0 | $2,561 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Membership dues
- $234
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- $125
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $105
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Other expenses
- $565
- Program services (functional)
- $550
Balance sheet and other
- Total assets, start of year
- $2,987
- Total assets, end of year
- $2,676
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,676
- Cash, savings and investments
- $2,676
- Gross receipts
- $431
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Elvina Almeida | Executive Director | 5 | $0 |
| Stephanie Cao | Operations Director | 5 | $0 |
| Anokhi Patel | President | 15 | $0 |
| Michelle Zhou | President | 15 | $0 |
| Katie Lau | Vice President | 15 | $0 |
| Reeha Shahdad | Vice President | 15 | $0 |
| Minh Hoang | Program Coordinator | 10 | $0 |
| Diana Tran | Secretary | 10 | $0 |
| Kimberly Pham | Secretary | 10 | $0 |
| Soumya Joshi | Treasurer | 10 | $0 |
| Juhi Sahay | Treasurer | 10 | $0 |
| Rachel Pazhoor | Content Creator | 10 | $0 |
| Lilly Yuan | Content Creator | 10 | $0 |
| Sally Khoury | Public Relations | 10 | $0 |
| Janhvi Sairam | Art Therapist Liaison | 10 | $0 |
990-EZ for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Elvina Almeida | Executive Director | 5 | $0 |
| Stephanie Cao | Operations Director | 5 | $0 |
| Anokhi Patel | President | 15 | $0 |
| Katie Lau | Vice President | 15 | $0 |
| Abhi Halbhavi | Program Coordinator | 10 | $0 |
| Diana Tran | Secretary | 10 | $0 |
| Soumya Joshi | Treasurer | 10 | $0 |
| Rachel Pazhoor | Content Creator | 10 | $0 |
| Michelle Zhou | Public Relations | 10 | $0 |
| Narissa Chan | Art Therapist Liaison | 10 | $0 |
990-EZ for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Elvina Almeida | Executive Director | 5 | $0 |
| Stephanie Cao | Operations Director | 5 | $0 |
| Anokhi Patel | President | 15 | $0 |
| Katie Lau | Vice President | 15 | $0 |
| Abhi Halbhavi | Program Coordinator | 10 | $0 |
| Diana Tran | Secretary | 10 | $0 |
| Soumya Joshi | Treasurer | 10 | $0 |
| Rachel Pazhoor | Content Creator | 10 | $0 |
| Amberlyn Haque | Public Relations | 10 | $0 |
| Reeha Shahdad | Art Therapist Liaison | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 800 W CAMPBELL RD SU 21, RICHARDSON, TX 75080-3021
- In care of
- % SU 21
- Signed the 990-EZ
- Michelle Zhou, President
- Phone
- (469) 684-3080
- Website
- https://www.palettehope.org
Mission
Hosted fundraising events to raise awareness about mental health across college campuses through the use of art.
Program accomplishments
- Hosted events to raise awareness about mental health through art.Expenses $550
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 83-2684480
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Mental health and crisis intervention (F80)
- Assets (IRS master file)
- $2,676
- Income (IRS master file)
- $431
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $359 | $670 | $2,676 | IRS |
| 990-EZ | December 2024 | $583 | $157 | $2,987 | IRS |
| 990-EZ | December 2023 | $94 | $228 | $2,561 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | 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 83-2684480).
Questions about PALETTE HOPE
- What is the EIN of PALETTE HOPE?
- The employer identification number (EIN) of PALETTE HOPE is 83-2684480.
- Is PALETTE HOPE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to PALETTE HOPE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PALETTE HOPE file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of PALETTE HOPE 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 PALETTE HOPE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of PALETTE HOPE?
- The 990-EZ for the year ended December 31, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does PALETTE HOPE have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $359, expenses of $670 and total assets of $2,676 at year end.
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All nonprofits in RICHARDSON · Texas · Mental health and crisis intervention