Nonprofit · EIN 85-0329331
HOPE FOUNDATION OF NEW MEXICO INC
Tax-exempt · ALBUQUERQUE, NM 87109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $154,425 | $30,089 | $124,336 | $1,369,040 | $52,015 | $1,317,025 |
| May 31, 2024 | 990 | $122,381 | $6,415 | $115,966 | $1,275,772 | $77 | $1,275,695 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $109,202
- Program service revenue
- $0
- Investment income
- $45,223
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $14,400
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $28,384
- Management and general (functional)
- $1,705
Balance sheet and other
- Total assets, start of year
- $1,275,772
- Total assets, end of year
- $1,369,040
- Total liabilities, end of year
- $52,015
- Net assets, end of year
- $1,317,025
- Land, buildings and equipment
- $37,500
- Publicly traded securities
- $1,024,223
- Net assets without donor restrictions
- $944,732
- Net assets with donor restrictions
- $372,293
- Gross receipts
- $154,425
- Employees
- 0
- Volunteers
- 4
- Year formed
- 1984
- State of legal domicile
- NM
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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TOM CROW | PRESIDENT/CH Trustee or director, Officer | 1 | $0 |
| JAMES TATE | VICE CHAIRMA Trustee or director, Officer | 1 | $0 |
| PHYLIS WRIGHT | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended May 31, 2024: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DEBBIE STAGGS | SECRETARY Officer | 1 | $0 | $32,030 | $1,251 |
| TOM CROW | PRESIDENT/CH Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JAMES TATE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PHYLIS WRIGHT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 8005 LOUISIANA BLVD NE, ALBUQUERQUE, NM 87109-5638
- In care of
- % SANDIA SKIES LLC
- Principal officer (990 for 2024)
- TOM CROW, 8005 LOUISIANA BLVD NE, ALBUQUERQUE, NM 871095647
- Signed the 990
- TOM CROW, PRESIDENT/CHAIRMAN
- Phone
- (505) 822-8868
- Return prepared by
- HINKLE LANDERS PC
Mission
HOPE FOUNDATION OF NEW MEXICO RECEIVES CHARITABLE DONATIONS TO PROVIDE FINANCIAL AID TO STUDENTS OF HOPE CHRISTIAN SCHOOL, FOR CAPITAL IMPROVEMENTS FOR THE SCHOOL, AND TO INCREASE TEACHER SALARIES.
Program accomplishments
- HOPE FOUNDATION OF NEW MEXICO PROVIDES FINANCIAL AID TO STUDENTS OF HOPE CHRISTIAN SCHOOL, A NOT-FOR-PROFIT CORPORATION.Expenses $28,384 · grants $14,400
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 85-0329331
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1986
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,369,040
- Income (IRS master file)
- $154,425
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $154,425 | $30,089 | $1,369,040 | XML |
| 990 | May 2024 | $122,381 | $6,415 | $1,275,772 | XML |
| 990 | May 2023 | $6,371,064 | $9,285 | $8,535,982 | IRS |
| 990-T | May 2023 | – | – | – | IRS |
| 990 | May 2022 | – | – | – | IRS |
| 990-T | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990-T | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 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 85-0329331).
Questions about HOPE FOUNDATION OF NEW MEXICO INC
- What is the EIN of HOPE FOUNDATION OF NEW MEXICO INC?
- The employer identification number (EIN) of HOPE FOUNDATION OF NEW MEXICO INC is 85-0329331.
- Is HOPE FOUNDATION OF NEW MEXICO INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to HOPE FOUNDATION OF NEW MEXICO INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does HOPE FOUNDATION OF NEW MEXICO INC 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 FOUNDATION OF NEW MEXICO INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOPE FOUNDATION OF NEW MEXICO INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of HOPE FOUNDATION OF NEW MEXICO INC?
- The 990 for the year ended May 31, 2025 names TOM CROW.
- Who are the officers and directors of HOPE FOUNDATION OF NEW MEXICO INC?
- The 990 for the year ended May 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does HOPE FOUNDATION OF NEW MEXICO INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $154,425, expenses of $30,089 and total assets of $1,369,040 at year end.
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