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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 26-2529040

ASPIRATION OF HOPE INC

Tax-exempt · DURHAM, NC 27712

Financials

$57K$17K2023
Revenue Expenses · by fiscal year end
Financials of ASPIRATION OF HOPE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$57,426$16,752$40,674$133,824$90,000$43,824
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$57,426

Expenses

Compensation of officers, directors and key employees
$0
Occupancy
$118
Printing, publications and postage
$289
Other expenses
$16,345
Program services (functional)
$6,572

Balance sheet and other

Total assets, start of year
$3,500
Total assets, end of year
$133,824
Total liabilities, end of year
$90,000
Net assets, end of year
$43,824
Cash, savings and investments
$5,490
Gross receipts
$57,426

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
JASON REDMONDEXECUTIVE DI50$0
JENARIO THORNTONCHAIRMAN2$0
JALON REDMONDVICE CHAIRMA2$0

Address and contacts

Address (IRS master file)
4223 LAZYRIVER DR, DURHAM, NC 27712-9555
In care of
% JASON R REDMOND
Mailing address (990-N for 2025)
4223 LAZYRIVER DR, DURHAM NC 27712
Principal officer (990-N for 2025)
Jason R Redmond, 4223 LAZYRIVER DR, DURHAM NC 27712
Signed the 990-EZ
JASON REDMOND, EXECUTIVE DIRECTOR
Phone
(984) 245-7071
Return prepared by
WTB AND ASSOCIATES INC

Mission

TO SERVICE DISADVANTAGE, LOW TO MODERATE INCOME, AND UNDERSERVED INDIVIDUALS, FAMILIES, AND YOUTHS THROUGH PROVIDING MENTORSHIPS, WORKSHOPS, AND RESOURCES IN THE AREAS OF FINANCIAL LITERACY AND SOCIOECONOMIC DEVELOPMENT THAT WILL EMPOWER PEOPLE TO ACHIEVE LIFELONG GOALS, ENTREPRENEURIAL ENDEAVORS, AND MAKE THEIR DREAMS INTO A REALITY.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • UGLY PROJECT-TO ACQUIRE AND REFURBISH BLIGHTED STRUCTURES IN DESTRESSED NEIGHBORHOODS FOR INVENTORY TO SALE LOW TO MODERATE INCOME FAMILIES THAT COULD OTHERWISE NOT HAVE THE ABILTY TO PURCHASE A HOME.
    Expenses $6,572

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, 2026990-N on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2026 990-N for ASPIRATION OF HOPE INC

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
26-2529040
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
2019
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B90)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Jason R Redmond
December 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2024
Officer: Jason R Redmond
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$57,426$16,752$133,824XML
990-N for 2022
Officer: Jason R Redmond
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Jason R Redmond
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Jason R Redmond
December 31, 2019≤ $50,000 receipts––e-Postcard

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 26-2529040).

Questions about ASPIRATION OF HOPE INC

What is the EIN of ASPIRATION OF HOPE INC?
The employer identification number (EIN) of ASPIRATION OF HOPE INC is 26-2529040.
Is ASPIRATION OF HOPE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to ASPIRATION OF HOPE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASPIRATION OF HOPE INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of ASPIRATION OF HOPE INC 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 ASPIRATION OF HOPE INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of ASPIRATION OF HOPE INC?
The 990-N for 2025 names Jason R Redmond.
Who are the officers and directors of ASPIRATION OF HOPE INC?
The 990-EZ for the year ended December 31, 2023 lists 3 people; 0 received compensation from the organization.
How much revenue does ASPIRATION OF HOPE INC have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $57,426, expenses of $16,752 and total assets of $133,824 at year end.

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