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Nonprofit · EIN 84-2085610

HOPE FOR KIDS CHILDCARE CENTER

Tax-exempt · DULUTH, MN 55803

Financials

$789K$745K2022$830K$724K2023$839K$850K2024$787K$810K2025
Revenue Expenses · by fiscal year end
Financials of HOPE FOR KIDS CHILDCARE CENTER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$787,183$810,338-$23,155$176,918$21,211$155,707
December 31, 2024990$838,678$849,877-$11,199$202,642$23,780$178,862
December 31, 2023990$829,916$723,832$106,084$241,485$51,425$190,060
December 31, 2022990 (amended)$788,564$744,611$43,953$244,456$160,480$83,976
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$36,050
of which government grants
$32,555
Program service revenue
$750,406
Investment income
$2
Other revenue
$725

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$45,302
Other salaries and wages
$437,041
Salaries, compensation and benefits (total)
$543,100
Professional fundraising fees
$0
Accounting fees
$11,258
Occupancy
$60,000
Travel
$258
Depreciation
$15,248
Program services (functional)
$724,291
Management and general (functional)
$86,047

Balance sheet and other

Total assets, start of year
$202,642
Total assets, end of year
$176,918
Total liabilities, end of year
$21,211
Net assets, end of year
$155,707
Land, buildings and equipment
$129,952
Net assets without donor restrictions
$155,707
Gross receipts
$787,183
Employees
53
Year formed
2020
State of legal domicile
MN

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARCIA DEMEO-MORSEEXECUTIVE DI
Trustee or director
40$45,302
PETER BERGMANBOARD
Trustee or director
1$0
MICHELLE BOWKERBOARD
Trustee or director
1$0
SALLY HERSTADBOARD
Trustee or director
1$0
MARCUS KARKICHAIRMAN
Trustee or director, Officer
1$0
SUZANNE KELLYBOARD
Trustee or director
1$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
MARCIA DEMEO-MORSEEXECUTIVE DI
Trustee or director
40$47,696
PETER BERGMANBOARD
Trustee or director
1$0
MICHELLE BOWKERTREASURER
Trustee or director, Officer
1$0
MARCUS KARKICHAIRMAN
Trustee or director, Officer
1$0
SUZANNE KELLYBOARD
Trustee or director
1$0
ROBERT WESTBOARD
Trustee or director
1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
MARCIA DEMEO-MORSEEXECUTIVE DI
Trustee or director
40$46,280
PETER BERGMANBOARD
Trustee or director
1$0
MICHELLE BOWKERTREASURER
Trustee or director, Officer
1$0
SANDY JOHNSONBOARD
Trustee or director
1$0
MARCUS KARKICHAIRMAN
Trustee or director, Officer
1$0
SUZANNE KELLYBOARD
Trustee or director
1$0
DOUGLAS KUHLBOARD
Trustee or director
1$0
ROBERT WESTBOARD
Trustee or director
1$0
990 for the year ended December 31, 2022: 8 people
NameTitleHours / weekCompensation
MARCIA DEMEO-MORSEEXECUTIVE DI
Trustee or director
40$46,280
PETER BERGMANBOARD
Trustee or director
1$0
MICHELLE BOWKERTREASURER
Trustee or director, Officer
1$0
SANDY JOHNSONBOARD
Trustee or director
1$0
MARCUS KARKICHAIRMAN
Trustee or director, Officer
1$0
SUZANNE KELLYBOARD
Trustee or director
1$0
DOUGLAS KUHLBOARD
Trustee or director
1$0
ROBERT WESTBOARD
Trustee or director
1$0

Address and contacts

Address (IRS master file)
301 W SAINT MARIE ST, DULUTH, MN 55803-2616
Principal officer (990 for 2025)
MARCUS KARKI, 301 W MARIE STREET, DULUTH, MN 55803
Signed the 990
MARCUS KARKI, CHAIRMAN
Phone
(218) 724-1510
Return prepared by
LICARI LARSEN AND COMPANY

Mission

TO PROVIDE AN EXCEPTIONAL, SAFE, CARING ENIRONMENT THAT CREATES AN ENTHUSIASM IN CHILDREN FOR LIFELONG LEARNING.

990 for the year ended December 31, 2025

Program accomplishments

  • THIS IS A FULL-SERVICE CHILDCARE CENTER, WHICH BEGAN IN THE FALL OF 2019, OFFERED CHILDCARE TO 8 INFANTS, 25 TODDLERS AND 30 PRE-SCHOOLERS. THE PROGRAM HAS 60 FTE'S WITH SOME PART-TIME CHILDREN ATTENDING AND CAN SERVICE UP TO 66 CHILDREN INCLUDING THE 8 INFANTS. THE CHILDCARE CENTER CURRENTY EMPLOYS 18 FULL AND PART-TIME PEOPLE WITH AN ANNUAL PAYROLL INCLUDING BENEFITS OF 411,000. THE PRIMARY SERVICE AREA IS THE METROPOLITAN AREA OF DULUTH, MN.
    Expenses $724,291

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-2085610
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P33)
Assets (IRS master file)
$176,918
Income (IRS master file)
$787,183

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$787,183$810,338$176,918XML
990December 2024$838,678$849,877$202,642XML
990December 2023$829,916$723,832$241,485XML
990December 2022$788,564$744,611$244,456XML
990December 2021–––IRS
990December 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 84-2085610).

Questions about HOPE FOR KIDS CHILDCARE CENTER

What is the EIN of HOPE FOR KIDS CHILDCARE CENTER?
The employer identification number (EIN) of HOPE FOR KIDS CHILDCARE CENTER is 84-2085610.
Is HOPE FOR KIDS CHILDCARE CENTER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to HOPE FOR KIDS CHILDCARE CENTER tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does HOPE FOR KIDS CHILDCARE CENTER 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 FOR KIDS CHILDCARE CENTER 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 HOPE FOR KIDS CHILDCARE CENTER last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of HOPE FOR KIDS CHILDCARE CENTER?
The 990 for the year ended December 31, 2025 names MARCUS KARKI.
Who are the officers and directors of HOPE FOR KIDS CHILDCARE CENTER?
The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $45,302 (MARCIA DEMEO-MORSE, EXECUTIVE DI).
How much revenue does HOPE FOR KIDS CHILDCARE CENTER have?
On its 990 for the year ended December 31, 2025 it reported revenue of $787,183, expenses of $810,338 and total assets of $176,918 at year end.

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