Nonprofit · EIN 88-3772885
HOPE WELL FOUNDATION
Tax-exempt · KNOXVILLE, TN 37918
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $512,332 | $369,763 | $142,569 | $654,284 | $247,555 | $406,729 |
| December 31, 2024 | 990 | $397,186 | $133,064 | $264,122 | $266,058 | $1,898 | $264,160 |
| December 31, 2023 | 990-EZ | $101,216 | $111,378 | -$10,162 | $38 | – | $38 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $497,367
- of which government grants
- $34,200
- Program service revenue
- $14,965
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $7,167
- Compensation of officers, directors and key employees
- $45,656
- Salaries, compensation and benefits (total)
- $47,941
- Professional fundraising fees
- $0
- Legal fees
- $14,041
- Accounting fees
- $7,019
- Occupancy
- $10,779
- Travel
- $3,962
- Depreciation
- $19,388
- Program services (functional)
- $369,763
Balance sheet and other
- Total assets, start of year
- $266,058
- Total assets, end of year
- $654,284
- Total liabilities, end of year
- $247,555
- Net assets, end of year
- $406,729
- Land, buildings and equipment
- $653,268
- Net assets without donor restrictions
- $406,729
- Gross receipts
- $512,332
- Employees
- 0
- Year formed
- 2022
- State of legal domicile
- TN
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Reico Hopewell | Executive Dir. Officer | 40 | $45,656 |
| Walter Simpson Jr | Secretary Officer | 0 | $0 |
| Blake Venable | Treasurer Officer | 0 | $0 |
| Sandi Mazzeo | Secretary Officer | 0 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Reico Hopewell | Executive Dir. Officer | 0 | $0 |
| Walter Simpson Jr | Secretary Officer | 0 | $0 |
| Blake Venable | Treasurer Officer | 0 | $0 |
| Sandi Mazzeo | Secretary Officer | 0 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Reico Hopewell | Executive Dir. | 0 | $0 |
| Walter Simpson Jr | Secretary | 0 | $0 |
| Joshalan Jordan | Treasurer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 312 KNOX RD STE B, KNOXVILLE, TN 37918-2316
- Signed the 990
- Reico Hopewell, Executive Director
- Return prepared by
- Blakes Bookkeeping & Business Branding
Mission
Our mission is to provide financial assistance for those needing detoxifications from substances that have created chaos in not only their lives, but in the lives of their loved ones as well. Our goal is to offer spiritual, mental, emotional, physical, financial, employment and recovery support services to individuals who have been affected by substance use, abuse, misuse, and disorders. Our vision is to offer substance abuse prevention education to individuals, businesses, families, churches, and non-profit agencies within the community.
Program accomplishments
- Completed construction on houses that are now being used for transitional housing. Offered housing and substance abuse services to those in recovery from substance abuse.Expenses $369,763 · grants $34,200 · revenue $478,132
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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 88-3772885
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mental health and crisis intervention (F20)
- Assets (IRS master file)
- $654,284
- Income (IRS master file)
- $512,332
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $512,332 | $369,763 | $654,284 | IRS |
| 990 | December 2024 | $397,186 | $133,064 | $266,058 | XML |
| 990-EZ | December 2023 | $101,216 | $111,378 | $38 | XML |
| 990-EZ | December 2022 | – | – | – | 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 88-3772885).
Questions about HOPE WELL FOUNDATION
- What is the EIN of HOPE WELL FOUNDATION?
- The employer identification number (EIN) of HOPE WELL FOUNDATION is 88-3772885.
- Is HOPE WELL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to HOPE WELL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOPE WELL FOUNDATION 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 WELL FOUNDATION 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 WELL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of HOPE WELL FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $45,656 (Reico Hopewell, Executive Dir.).
- How much revenue does HOPE WELL FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $512,332, expenses of $369,763 and total assets of $654,284 at year end.
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All nonprofits in KNOXVILLE · Tennessee · Mental health and crisis intervention