Nonprofit · EIN 85-3584006
LEGACY OF HOPE FOUNDATION INC
Tax-exempt · SUFFOLK, VA 23434
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $186,265 | $182,538 | $3,727 | $329,356 | $0 | $329,356 |
| December 31, 2024 | 990-EZ | $173,705 | $147,548 | $26,157 | $353,378 | $0 | $353,378 |
| December 31, 2023 | 990-EZ | $122,025 | $108,707 | $13,318 | $334,746 | $0 | $334,746 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $75,380
- Net income from fundraising events
- $11,000
- Other revenue
- $99,885
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $12,352
- Professional fees and payments to contractors
- $1,800
- Occupancy
- $30,871
- Printing, publications and postage
- $1,381
- Other expenses
- $136,134
- Program services (functional)
- $111,682
Balance sheet and other
- Total assets, start of year
- $325,629
- Total assets, end of year
- $329,356
- Total liabilities, end of year
- $0
- Net assets, end of year
- $329,356
- Cash, savings and investments
- $1,964
- Land and buildings
- $327,392
- Gross receipts
- $189,265
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 |
|---|---|---|---|
| Tanesha James | Board President | 5 | $0 |
| Gwendolyn Burrell-Bennette | Board Treasurer | 25 | $0 |
| Anissa Kearney-Rawles | Board Vice President | 15 | $0 |
| Chantera Ross | Board Secretary | 1 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tanesha James | Board President | 5 | $0 |
| Gwendolyn Burrell-Bennette | Board Treasurer | 25 | $0 |
| Anissa Kearney-Rawles | Board Vice President | 15 | $0 |
| Angela Major | Board Secretary | 0 | $0 |
990-EZ for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Teresa Lassiter | Executive Director | 40 | $6,000 |
Address and contacts
- Address (IRS master file)
- 2074 PETERSEN WAY, SUFFOLK, VA 23434-2373
- In care of
- % TERESA LASSITER
- Mailing address (990-N for 2020)
- 2074 Peterson Way, Suffolk VA 23434
- Principal officer (990-N for 2020)
- Teresa A Lassiter, 2074 Peterson Way, Suffolk VA 23434
- Signed the 990-EZ
- TERESA LASSITER, Executive Director
- Phone
- (757) 741-6111
- Return prepared by
- TAL Transformational Services
Mission
Charitible Organization
Program accomplishments
- Geraldines Closet 3,437 served free clothing, personal hygiene and daily necessary needs giving relief to the poor, distressed, underprivileged, and underserved youth and familiesExpenses $32,484 · grants $5,000
- We Can Do Good 3,536 people received food security to help alleviate poverty and hunger. Giving relief to the poor, distressed, underprivileged, and underserved youth and familiesExpenses $54,198 · grants $12,250
- The Legacy Learning Academy empowers youth to build self-esteem, confidence courage and character through monthly mentorship. 534 youth received healthy snack sacks.Expenses $12,500 · grants $10,000
- Other program servicesExpenses $12,500 · grants $12,500
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 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
- 85-3584006
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S99)
- Assets (IRS master file)
- $329,356
- Income (IRS master file)
- $189,265
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $186,265 | $182,538 | $329,356 | XML |
| 990-EZ | December 2024 | $173,705 | $147,548 | $353,378 | IRS |
| 990-EZ | December 2023 | $122,025 | $108,707 | $334,746 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Teresa A Lassiter | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 85-3584006).
Questions about LEGACY OF HOPE FOUNDATION INC
- What is the EIN of LEGACY OF HOPE FOUNDATION INC?
- The employer identification number (EIN) of LEGACY OF HOPE FOUNDATION INC is 85-3584006.
- Is LEGACY OF HOPE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to LEGACY OF HOPE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEGACY OF HOPE FOUNDATION 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 LEGACY OF HOPE FOUNDATION INC 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 LEGACY OF HOPE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of LEGACY OF HOPE FOUNDATION INC?
- The 990-N for 2020 names Teresa A Lassiter.
- Who are the officers and directors of LEGACY OF HOPE FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does LEGACY OF HOPE FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $186,265, expenses of $182,538 and total assets of $329,356 at year end.
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- SEVEN HARVEST INC EIN 26-1884290 · last filed 990-N for 2025
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All nonprofits in SUFFOLK · Virginia · Community improvement and capacity building