Nonprofit · EIN 23-3052984
LOGAN HOPE
Tax-exempt · PHILADELPHIA, PA 19141
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,710,449 | $2,255,113 | $1,455,336 | $2,826,042 | $101,229 | $2,724,813 |
| June 30, 2024 | 990 | $1,885,492 | $1,996,593 | -$111,101 | $1,356,652 | $87,175 | $1,269,477 |
| June 30, 2023 | 990 | $2,453,895 | $2,028,398 | $425,497 | $1,478,120 | $97,542 | $1,380,578 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,580,429
- Program service revenue
- $1,088,366
- Investment income
- $36,389
- Net gain from sales of assets
- -$930
- Net income from fundraising events
- $4,758
- Other revenue
- $5,265
Expenses
- Grants and similar amounts paid
- $996,027
- Compensation of officers, directors and key employees
- $81,381
- Other salaries and wages
- $712,555
- Salaries, compensation and benefits (total)
- $977,573
- Professional fundraising fees
- $0
- Legal fees
- $25,966
- Accounting fees
- $37,730
- Occupancy
- $24,442
- Depreciation
- $26,114
- Program services (functional)
- $1,986,961
- Management and general (functional)
- $151,221
- Fundraising (functional)
- $116,931
Balance sheet and other
- Total assets, start of year
- $1,356,652
- Total assets, end of year
- $2,826,042
- Total liabilities, end of year
- $101,229
- Net assets, end of year
- $2,724,813
- Land, buildings and equipment
- $1,430,501
- Net assets without donor restrictions
- $1,293,896
- Net assets with donor restrictions
- $1,430,917
- Gross receipts
- $4,258,008
- Employees
- 31
- Volunteers
- 75
- Year formed
- 2000
- State of legal domicile
- PA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JIM SOVOCOOL | HEAD OF SCHOOL Officer | 40 | $68,805 | $8,400 |
| DEBORAH HEDRICK | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| PAUL BRADSHAW | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| PAUL DEVITO | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| DENISE SIMONE | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ISABELLA CARRAZANA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KENDY LIEU | DIRECTOR (UNTIL 1/29/2025) Trustee or director | 2 | $0 | $0 |
| SHIN LIN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GREG SCHALLER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| COURTNEY SNEED | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JIM SOVOCOOL | HEAD OF SCHOOL Officer | 40 | $61,453 | $5,004 |
| DEBORAH HEDRICK | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| PAUL BRADSHAW | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| PAUL DEVITO | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| DENISE SIMONE | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ISABELLA CARRAZANA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KENDY LIEU | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SHIN LIN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GREG SCHALLER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| COURTNEY SNEED | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jim Sovocool | Head of School Officer | 40 | $54,497 | $11,327 |
| Paul Bradshaw | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Deborah Hedrick | Chair Trustee or director, Officer | 5 | $0 | $0 |
| Kendy Lieu | Board Member Trustee or director | 2 | $0 | $0 |
| Courtney Sneed | Board member Trustee or director | 2 | $0 | $0 |
| Denise Simone | Board Member Trustee or director | 2 | $0 | $0 |
| Shin Lin | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Greg Schaller | Board Member Trustee or director | 2 | $0 | $0 |
| Rev Harold Jolley | Board member Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4934 N 13TH ST, PHILADELPHIA, PA 19141-3536
- In care of
- % KENNETH D MACBAIN
- Principal officer (990 for 2024)
- JIM SOVOCOOL, 4934 N 13TH STREET, PHILADELPHIA, PA 19141
- Signed the 990
- JIM SOVOCOOL, HEAD OF SCHOOL
- Phone
- (215) 455-7442
- Website
- WWW.LOGANHOPE.ORG
- Return prepared by
- CAMPBELL RAPPOLD & YURASITS LLP
Mission
LOGAN HOPE PROVIDES AN ELEMENTARY AND MIDDLE SCHOOL, AFTER-SCHOOL PROGRAM, AND SUMMER PROGRAMS TO UNDER-SERVED CHILDREN IN THE LOGAN NEIGHBORHOOD OF PHILADELPHIA.
Program accomplishments
- ELEMENTARY AND MIDDLE SCHOOL - TO SUPPORT LOW-INCOME, INNER-CITY CHILDREN, OFFERING VERY SMALL CLASSES IN A HOMELIKE, NEIGHBORHOOD SETTING, ALLOWING EACH CHILD TO ACHIEVE AT HIGH EDUCATIONAL LEVELS AND GROW IN CHARACTER. LOGAN HOPE SERVED 85 CHILDREN THROUGH THIS PROGRAM FROM GRADES K-8.Expenses $1,986,961 · grants $996,027 · revenue $1,063,076
- AFTER-SCHOOL PROGRAM - PROVIDE HOMEWORK HELP, TUTORING, AND ENRICHMENT PROGRAMS FOR CHILDREN GRADES K-8.revenue $5,891
- SUMMER SCHOOL: PROVIDE FOUR WEEKS OF SUPPLEMENTAL EDUCATION AND REMEDIAL INSTRUCTION IN MATH AND READING. ADDITIONAL TUTORS WORK WITH STUDENTS TO CLOSE LEARNING GAPS BETWEEN SCHOOL YEARS.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-3052984
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $2,826,042
- Income (IRS master file)
- $4,258,008
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,710,449 | $2,255,113 | $2,826,042 | IRS |
| 990 | June 2024 | $1,885,492 | $1,996,593 | $1,356,652 | IRS |
| 990 | June 2023 | $2,453,895 | $2,028,398 | $1,478,120 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 23-3052984).
Questions about LOGAN HOPE
- What is the EIN of LOGAN HOPE?
- The employer identification number (EIN) of LOGAN HOPE is 23-3052984.
- Is LOGAN HOPE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to LOGAN HOPE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOGAN HOPE 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 LOGAN HOPE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOGAN HOPE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LOGAN HOPE?
- The 990 for the year ended June 30, 2025 names JIM SOVOCOOL.
- Who are the officers and directors of LOGAN HOPE?
- The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $68,805 (JIM SOVOCOOL, HEAD OF SCHOOL).
- How much revenue does LOGAN HOPE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,710,449, expenses of $2,255,113 and total assets of $2,826,042 at year end.
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