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Nonprofit · EIN 85-0882574

MICHAEL ANN & SAQUON BARKLEY HOPE FOUNDATION

Tax-exempt · INDEPENDENCE, OH 44131

Financials

$214K$90K2023$168K$136K2024
Revenue Expenses · by fiscal year end
Financials of MICHAEL ANN & SAQUON BARKLEY HOPE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$167,520$135,796$31,724$352,851$0$352,851
December 31, 2023990-PF$213,734$90,476$123,258$321,127$0$321,127
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$137,857
Dividends
$12,963
Other income
$16,700

Expenses

Grants and similar amounts paid
$27,900
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$27,900
Excise tax on investment income
$180

Balance sheet and other

Total assets, start of year
$321,127
Total assets, end of year
$352,851
Total liabilities, end of year
$0
Net assets, end of year
$352,851
Fair market value of assets
$352,662
Qualifying distributions
$27,900
Net investment income
$12,963

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-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SAQUON BARKLEY
6050 OAK TREE BLVD STE 500, INDEPENDENCE, OH 44131
PRESIDENT0$0
TONYA JOHNSON
6050 OAK TREE BLVD STE 500, INDEPENDENCE, OH 44131
VICE PRESIDENT0$0
ALIBAY BARKLEY
6050 OAK TREE BLVD STE 500, INDEPENDENCE, OH 44131
TREASURER0$0
ALBERTA SCARFARO
6050 OAK TREE BLVD STE 500, INDEPENDENCE, OH 44131
SECRETARY0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
SAQUON BARKLEY
6050 OAK TREE BLVD STE 500, INDEPENDENCE, OH 44131
PRESIDENT0$0
TONYA JOHNSON
6050 OAK TREE BLVD STE 500, INDEPENDENCE, OH 44131
VICE PRESIDENT0$0
ALIBAY BARKLEY
6050 OAK TREE BLVD STE 500, INDEPENDENCE, OH 44131
TREASURER0$0
ALBERTA SCARFARO
6050 OAK TREE BLVD STE 500, INDEPENDENCE, OH 44131
SECRETARY0$0

Address and contacts

Address (IRS master file)
6050 OAK TREE BLVD, INDEPENDENCE, OH 44131-6927
In care of
% MAI CAPITAL MANAGEMENT
Signed the 990-PF
TONYA JOHNSON, VICE PRESIDENT
Phone
(216) 920-4816
Return prepared by
MAI CAPITAL MANAGEMENT LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
85-0882574
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2020
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$352,851
Income (IRS master file)
$167,520

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$167,520$135,796$352,851XML
990-PFDecember 2023$213,734$90,476$321,127XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 85-0882574).

Questions about MICHAEL ANN & SAQUON BARKLEY HOPE FOUNDATION

What is the EIN of MICHAEL ANN & SAQUON BARKLEY HOPE FOUNDATION?
The employer identification number (EIN) of MICHAEL ANN & SAQUON BARKLEY HOPE FOUNDATION is 85-0882574.
Is MICHAEL ANN & SAQUON BARKLEY HOPE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to MICHAEL ANN & SAQUON BARKLEY HOPE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MICHAEL ANN & SAQUON BARKLEY HOPE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MICHAEL ANN & SAQUON BARKLEY HOPE 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 MICHAEL ANN & SAQUON BARKLEY HOPE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of MICHAEL ANN & SAQUON BARKLEY HOPE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does MICHAEL ANN & SAQUON BARKLEY HOPE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $167,520, expenses of $135,796 and total assets of $352,851 at year end.

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