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Nonprofit · EIN 88-3890281

HOPE GROWS INC

Tax-exempt · SHEBOYGAN, WI 53083

Financials

$71K$40K2023$12K$34K2024
Revenue Expenses · by fiscal year end
Financials of HOPE GROWS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$12,496$33,785-$21,289$33,247$189$33,058
December 31, 2023990-EZ$70,680$39,930$30,750$65,187$10,840$54,347
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$12,496

Expenses

Grants and similar amounts paid
$25,000
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$96
Printing, publications and postage
$29
Other expenses
$8,660
Program services (functional)
$33,785

Balance sheet and other

Total assets, start of year
$65,187
Total assets, end of year
$33,247
Total liabilities, end of year
$189
Net assets, end of year
$33,058
Cash, savings and investments
$33,247
Gross receipts
$12,496

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
JAY W CHRISTOPHERPRESIDENT0$0
ERIKA LUSTHOFFVICE PRESIDE0$0
ELLEN ODOMSECRETARY &T0$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
JAY W CHRISTOPHERPRESIDENT0$0
ERIKA LUSTHOFFVICE PRESIDE0$0
ELLEN ODOMSECRETARY &T0$0

Address and contacts

Address (IRS master file)
W580 GARTON RD, SHEBOYGAN, WI 53083-5349
Signed the 990-EZ
ELLEN ODOM, SECRETARY &TREASURER
Return prepared by
GRAY HUNTER STENN LLP

Mission

ORGANIZATIONS PRIMARY PURPOSE IS PROVIDE SUPPORT OF PHILANTHROPIC EDUCATION.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • LEAP (LEADERSHIP/EDUCATION/ALTRUISM/PHILANTHROPY) IS A GROUP OF 48 HIGH SCHOOL STUDENTS WHO MEET MONTHLY TO LEARN THE BUSINESS, ART, AND SCIENCE OF PHILANTHROPY THOUGH A 2 YEAR PROGRAM UTILIZING CURRICULUM CREATED BY THE THREE PILLARS INITIATIVE. STUDENTS WILL GRANT FUNDS TO 501(C)3 ORGANIZATION IN THE SPRING OF 2024.
    Expenses $8,785
  • IN 2024, HOPE GROWS GRANTED 25,000 IN LEAP GRANTS TO 7 501(C)3 ORGANIZATIONS THROUGHOUT KANE COUNTY ILLINOIS.
    Expenses $25,000 · grants $25,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
88-3890281
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-N (e-Postcard)
Assets (IRS master file)
$33,247
Income (IRS master file)
$12,496

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$12,496$33,785$33,247IRS
990-EZDecember 2023$70,680$39,930$65,187XML
990-EZDecember 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 88-3890281).

Questions about HOPE GROWS INC

What is the EIN of HOPE GROWS INC?
The employer identification number (EIN) of HOPE GROWS INC is 88-3890281.
Is HOPE GROWS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to HOPE GROWS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOPE GROWS INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of HOPE GROWS INC 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 HOPE GROWS INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of HOPE GROWS INC?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does HOPE GROWS INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $12,496, expenses of $33,785 and total assets of $33,247 at year end.

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