Nonprofit · EIN 87-4672099
HOPE SCHOLARS INITIATIVE INC
Tax-exempt · PROVIDENCE, RI 02940
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $123,184 | $121,913 | $1,271 | $19,655 | $0 | $19,655 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $42,757
- Program service revenue
- $80,427
Expenses
- Compensation of officers, directors and key employees
- $0
- Occupancy
- $3,545
- Other expenses
- $118,368
Balance sheet and other
- Total assets, start of year
- $18,384
- Total assets, end of year
- $19,655
- Total liabilities, end of year
- $0
- Net assets, end of year
- $19,655
- Cash, savings and investments
- $19,655
- Gross receipts
- $123,184
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 |
|---|---|---|---|
| HARRISON GRIGSBY | EXECUTIVE DIRECTOR | 2 | $0 |
| DR KATHY VESPIA | BOARD CHAIR | 2 | $0 |
| ALEX DERITA | OFFICER | 2 | $0 |
| MOBOLAJI OMISORE | TREASURER | 2 | $0 |
| JESSICA THIGPEN | OFFICER | 2 | $0 |
| TULANI FREEMAN | VICE CHAIR | 2 | $0 |
| SAMANTHA VAUGHAN | SECRETARY | 2 | $0 |
| MICHAEL MILAS | LEGAL | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 9067, PROVIDENCE, RI 02940-9067
- In care of
- % HARRISON GRIGSBY
- Mailing address (990-N for 2024)
- PO Box 9067, Providence RI 02940
- Principal officer (990-N for 2024)
- Harrison Grigsby, PO Box 9067, Providence RI 02940
- Signed the 990-EZ
- HARRISON GRIGSBY MED, XXX-XX-XXXX
- Phone
- (401) 499-9092
- Website
- www.hsihiphop.org
- Return prepared by
- ANTHONY V RICCI CPA INC
Mission
HOPE SCHOLARS INITIATIVE AIMS TO HUMANIZE THE SCHOLASTIC EXPERIENCE BY ADOPTING A STRENGTH BASED AND COMPREHENSIVE APPROACH THAT INVITES STUDENTS' CULTURAL IDENTIY IN THE CLASSROOM AND VALUES THEIR EXPERIENCE. THE FOUNDATION OF OUR PROGRAM IS CENTERING YOUTH VOICES AND PRESERVING THE AUTHENTICITY OF THEIR LIVELIHOOD.
Program accomplishments
- OVER 50 SCHOLARS SERVED THROUGH HSI COHORT PROGRAMS
- HSI DEVELOPED 9 RECORDING STUDIOS WITH 14 SUPPORTIVE PROGRAMS AND POLICY IMPLEMENTED STATEWIDE IN MASSACHUSETTS JUSTICE SYSTEM
- OVER 600 SCHOLAR TOUCHPOINTS THROUGH WORKSHOPS AND PERFORMANCE LECTURES
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-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 87-4672099
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $19,655
- Income (IRS master file)
- $123,184
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $123,184 | $121,913 | $19,655 | XML |
| 990-N for 2024 Officer: Harrison Grigsby | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2023 Officer: Harrison Grigsby | December 31, 2023 | ≤ $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 87-4672099).
Questions about HOPE SCHOLARS INITIATIVE INC
- What is the EIN of HOPE SCHOLARS INITIATIVE INC?
- The employer identification number (EIN) of HOPE SCHOLARS INITIATIVE INC is 87-4672099.
- Is HOPE SCHOLARS INITIATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to HOPE SCHOLARS INITIATIVE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOPE SCHOLARS INITIATIVE 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 SCHOLARS INITIATIVE 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 HOPE SCHOLARS INITIATIVE 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 HOPE SCHOLARS INITIATIVE INC?
- The 990-N for 2024 names Harrison Grigsby.
- Who are the officers and directors of HOPE SCHOLARS INITIATIVE INC?
- The 990-EZ for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does HOPE SCHOLARS INITIATIVE INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $123,184, expenses of $121,913 and total assets of $19,655 at year end.
Other nonprofits in PROVIDENCE
- HOPEHEALTH HOSPICE & PALLIATIVE CARE EIN 51-0192422 · last filed 990 for 2025
- CHILDRENS FRIEND AND SERVICE EIN 05-0258819 · last filed 990 for 2025
- FAMILY SERVICE OF RHODE ISLAND INC EIN 05-0258858 · last filed 990 for 2025
- CROSSROADS RHODE ISLAND EIN 05-0259094 · last filed 990 for 2024
- GREATER PROVIDENCE YOUNG MENS CHRISTIAN ASSOCIATION EIN 05-0258878 · last filed 990 for 2024
- THE COVE CENTER INC EIN 05-0419116 · last filed 990 for 2025
- RHODE ISLAND RESCUE MINISTRIES EIN 05-0503326 · last filed 990 for 2025
- JEWISH ALLIANCE OF GREATER RHODE ISLAND EIN 27-4127671 · last filed 990 for 2025
All nonprofits in PROVIDENCE · Rhode Island · Human services