Nonprofit · EIN 22-2037226
NEW HOPE DEVELOPMENT DAY CARE CENTER INC
Tax-exempt · NEWARK, NJ 07103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2024 | 990 | $956,103 | $932,544 | $23,559 | $698,899 | $0 | $698,899 |
Financial details: 990 for the year ended May 31, 2024
Revenue
- Contributions, gifts and grants
- $89,898
- of which government grants
- $89,898
- Program service revenue
- $866,205
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $45,403
- Other salaries and wages
- $279,648
- Salaries, compensation and benefits (total)
- $430,995
- Professional fundraising fees
- $0
- Accounting fees
- $1,600
- Occupancy
- $68,005
- Travel
- $837
- Program services (functional)
- $852,858
- Management and general (functional)
- $79,686
Balance sheet and other
- Total assets, start of year
- $675,340
- Total assets, end of year
- $698,899
- Total liabilities, end of year
- $0
- Net assets, end of year
- $698,899
- Gross receipts
- $956,103
- Employees
- 24
- Year formed
- 1999
- State of legal domicile
- NJ
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 May 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael E Ukhueduan | Pres. Trustee or director | 30 | $0 |
| Carolyn Page | Director Trustee or director | 40 | $0 |
| Margaret Parish | Sec.y Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 4903, NEWARK, NJ 07103-0000
- Principal officer (990 for 2023)
- MICHAEL UKHUEDUAN, 49 12TH AVENUE, Newark, NJ 07103
- Signed the 990
- MICHAEL UKHUEDUAN, PRESIDENT
- Phone
- (973) 622-2051
- Return prepared by
- CARLTON WORTHY CPA
Mission
Provides daycare services for children of preschool age for families whose income is deemed to be classified as low income or below specific limits.
Program accomplishments
- Provides daycare services for children of preschool age who income is deemed to be classified as low income or before specific limits.Expenses $852,858
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | Not on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 22-2037226
- 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
- 1975
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $698,899
- Income (IRS master file)
- $956,103
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2024 | $956,103 | $932,544 | $698,899 | XML |
| 990 | May 2023 | $927,837 | $771,755 | $675,340 | IRS |
| 990 | May 2022 | $761,472 | $709,347 | $519,258 | IRS |
| 990 | May 2021 | $615,648 | $506,913 | $467,133 | 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 22-2037226).
Questions about NEW HOPE DEVELOPMENT DAY CARE CENTER INC
- What is the EIN of NEW HOPE DEVELOPMENT DAY CARE CENTER INC?
- The employer identification number (EIN) of NEW HOPE DEVELOPMENT DAY CARE CENTER INC is 22-2037226.
- Is NEW HOPE DEVELOPMENT DAY CARE CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
- Are donations to NEW HOPE DEVELOPMENT DAY CARE CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW HOPE DEVELOPMENT DAY CARE CENTER 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 NEW HOPE DEVELOPMENT DAY CARE CENTER INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW HOPE DEVELOPMENT DAY CARE CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2024.
- Who is the principal officer of NEW HOPE DEVELOPMENT DAY CARE CENTER INC?
- The 990 for the year ended May 31, 2024 names MICHAEL UKHUEDUAN.
- Who are the officers and directors of NEW HOPE DEVELOPMENT DAY CARE CENTER INC?
- The 990 for the year ended May 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does NEW HOPE DEVELOPMENT DAY CARE CENTER INC have?
- On its 990 for the year ended May 31, 2024 it reported revenue of $956,103, expenses of $932,544 and total assets of $698,899 at year end.
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