MISSION
To empower and enable youth in underserved areas through educational, vocational, social, emotional and cultural support.
DEMOGRAPHIC
ADDRESS
18484 FORRER ST
48235
COUNTY
wayne county, MI
IN CARE OF NAME
MICHAEL E REEVES
ORGANIZATIONAL OVERVIEW & RANKINGS
FOUNDATION OF HOPE is a based in DETROIT, MI, focused on Youth Development causes , specifically Youth Development Programs, Other. Established in August 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,488,059 among 2,656,690 nonprofits nationally (Top 94%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 58,873 out of 79,991 organizations in MI (Top 74%).
In wayne county, MI, the organization ranks 9,879 out of 13,625 nonprofits by assets (Top 73%), while locally in detroit, it stands at 5,910 among 6,749 organizations (Top 88%).
The organization reported no revenue in the most recent filing period, placing it at 2,212,233 nationally and 77,225 in MI.
Within its specific NTEE classification (O50 - O: Youth Development), which includes 37,455 similar organizations, FOUNDATION OF HOPE ranks 31,212 in assets (Top 84%) and 36,158 in revenue (Top 97%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
O: Youth Development
NTEE CODE
O50: Youth Development Programs, Other
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, May 15, 2024;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
08/2021
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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