Nonprofit · EIN 26-4658898
HEAL THE HOOD FOUNDATION OF MEMPHIS
Tax-exempt (reinstated) · MEMPHIS, TN 38106
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $328,777 | $232,065 | $96,712 | $491,189 | $161,412 | $329,777 |
| December 31, 2023 | 990 | $333,324 | $446,797 | -$113,473 | $420,509 | $151,852 | $268,657 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $328,777
- of which government grants
- $137,582
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $17,757
- Program services (functional)
- $161,320
- Management and general (functional)
- $70,745
Balance sheet and other
- Total assets, start of year
- $420,509
- Total assets, end of year
- $491,189
- Total liabilities, end of year
- $161,412
- Net assets, end of year
- $329,777
- Land, buildings and equipment
- $410,600
- Net assets without donor restrictions
- $91,640
- Net assets with donor restrictions
- $238,137
- Gross receipts
- $328,777
- Employees
- 0
- Volunteers
- 40
- Year formed
- 2008
- State of legal domicile
- TN
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LaDell Beamon | CEO/Executive Director Key employee | 40 | $28,550 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LaDell Beamon | CEO/Executive Director Officer, Key employee, Highest-paid employee | 60 | $61,950 |
| Betina Hunt | CFO/Program Director Officer, Key employee | 40 | $56,850 |
| Amy Speropulous | Board Chair Trustee or director | 5 | $0 |
| Marilynn Noble | Secretary Trustee or director | 10 | $0 |
| Jean Henderson | Borad member Trustee or director | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 1042 PALERMO AVE, MEMPHIS, TN 38106-6518
- In care of
- % LADELL BEAMON
- Mailing address (990-N for 2019)
- 1042 Palermo Avenue, Memphis TN 38106
- Principal officer (990 for 2024)
- LaDell Beamon, 3558 Kirby Parkway, Memphis, TN 38115
- Principal officer (990-N for 2019)
- LaDell Beamon, 1042 Palermo Avenue, Memphis TN 38106
- Signed the 990
- LaDell Beamon, Chief Executive Officer
- Phone
- (901) 566-0743
- Website
- www.hthmemphis.org
- Return prepared by
- Premier Bookkeeping & Accounting Services
Mission
OUR PURPOSE IS TO IMPACT YOUTH USING CREATIVE METHODS OF THE ARTS AND MEDIA SCIENCE TO ENACT CHANGE IN MEMPHIS AND SURROUNDING REGIONS.
Program accomplishments
- We were able to provide mentoring services to over 100 middle/high schools students, in addition to offering free afternoon programs to all school age students providing art enrichment classes with snacks, games, and prizes. We held several community events that included workshops and seminars for the creative community with celebrity guests. We also provided necessity items to families during the winter/Christmas season with food, clothing, coats, toys, and personal items.Expenses $161,320 · revenue $160,582
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-4658898
- 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 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A90)
- Assets (IRS master file)
- $491,189
- Income (IRS master file)
- $328,777
Revocation and reinstatement
- Exemption revoked
- May 15, 2019
- Posted by the IRS
- August 12, 2019
- Reinstated
- Effective May 15, 2019
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $328,777 | $232,065 | $491,189 | XML |
| 990 | December 2023 | $333,324 | $446,797 | $420,509 | XML |
| 990 | December 2022 | $424,195 | $282,638 | $531,459 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2019 Officer: LaDell Beamon | 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 26-4658898).
Questions about HEAL THE HOOD FOUNDATION OF MEMPHIS
- What is the EIN of HEAL THE HOOD FOUNDATION OF MEMPHIS?
- The employer identification number (EIN) of HEAL THE HOOD FOUNDATION OF MEMPHIS is 26-4658898.
- Is HEAL THE HOOD FOUNDATION OF MEMPHIS tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2019 and reinstated it effective May 15, 2019.
- Are donations to HEAL THE HOOD FOUNDATION OF MEMPHIS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HEAL THE HOOD FOUNDATION OF MEMPHIS 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 HEAL THE HOOD FOUNDATION OF MEMPHIS 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 HEAL THE HOOD FOUNDATION OF MEMPHIS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HEAL THE HOOD FOUNDATION OF MEMPHIS?
- The 990 for the year ended December 31, 2024 names LaDell Beamon.
- Who are the officers and directors of HEAL THE HOOD FOUNDATION OF MEMPHIS?
- The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $28,550 (LaDell Beamon, CEO/Executive Director).
- How much revenue does HEAL THE HOOD FOUNDATION OF MEMPHIS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $328,777, expenses of $232,065 and total assets of $491,189 at year end.
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All nonprofits in MEMPHIS · Tennessee · Arts, culture and humanities