Nonprofit · EIN 27-1653356
HOPE STRENGTHENS FOUNDATION
Also known as HSF
Tax-exempt · MARBLEHEAD, MA 01945
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $237,937 | $190,096 | $47,841 | $167,132 | $0 | $167,132 |
| December 31, 2024 | 990-EZ | $150,606 | $174,484 | -$23,878 | $119,291 | $0 | $119,291 |
| December 31, 2023 | 990-EZ (amended) | $108,970 | $105,203 | $3,767 | $143,169 | $0 | $143,169 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $156,355
- Program service revenue
- $0
- Investment income
- $1,150
- Net income from fundraising events
- $80,432
- Other revenue
- $80,432
Expenses
- Grants and similar amounts paid
- $99,262
- Compensation of officers, directors and key employees
- $72,091
- Salaries, compensation and benefits (total)
- $78,494
- Professional fundraising fees
- $0
- Travel
- $620
- Program services (functional)
- $99,262
- Management and general (functional)
- $90,834
Balance sheet and other
- Total assets, start of year
- $119,291
- Total assets, end of year
- $167,132
- Total liabilities, end of year
- $0
- Net assets, end of year
- $167,132
- Net assets without donor restrictions
- $167,132
- Gross receipts
- $285,513
- Employees
- 0
- Volunteers
- 20
- Year formed
- 2010
- State of legal domicile
- MA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jacob Ferreira | Executive Director Officer | 50 | $72,091 | $825 |
| Kerry Brothers | Vice Chair of Board Trustee or director | 1 | $0 | $0 |
| James Fahey | Chair of Board Trustee or director | 1 | $0 | $0 |
| Thomas Cullen | Director Trustee or director | 1 | $0 | $0 |
| Sarah Grady | Director Trustee or director | 1 | $0 | $0 |
| Magali Flores Nuez | Director Trustee or director | 1 | $0 | $0 |
| Joseph Merry | Director Trustee or director | 1 | $0 | $0 |
| Nicole Steinberg | Director Trustee or director | 1 | $0 | $0 |
| Aditya Gangopadhyay | Director Trustee or director | 1 | $0 | $0 |
990-EZ for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jacob Ferreira | Executive Director | 40 | $50,000 |
| James Fahey | Board Chair | 2 | $0 |
| Kerry Brothers | Director | 2 | $0 |
| Richard Cook | Director | 2 | $0 |
| Thomas Cullen | Director | 2 | $0 |
| Aditya Gangopadhyay | Director | 2 | $0 |
| Sarah Grady | Director | 2 | $0 |
| Joseph Merry | Director | 2 | $0 |
| Magali Flores Nuez | Director | 2 | $0 |
| Nicole Steinberg | Director | 2 | $0 |
990-EZ for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jacob Ferreira | Executive Director | 30 | $50,000 |
| James Fahey | Board Chair | 1 | $0 |
| Joseph Merry | Director | 1 | $0 |
| Kerry Brothers | Director | 1 | $0 |
| Richard Cook | Director | 1 | $0 |
| Sarah Grady | Director | 1 | $0 |
| Nicole Steinberg | Director | 1 | $0 |
| Aditya Gangopadhyay | Director | 1 | $0 |
| Thomas Cullen | Director | 1 | $0 |
| Magali Flores Nuez | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 37R ELM ST, MARBLEHEAD, MA 01945-3484
- Mailing address (990-N for 2018)
- 80 Emerson Road, Walpole MA 02032
- Principal officer (990 for 2025)
- Jacob Ferreira, 37R Elm Street, Marblehead, MA 01945
- Principal officer (990-N for 2018)
- Jacob Ferreira, 80 Emerson Road, Walpole MA 02032
- Signed the 990
- Jacob Ferreira, Executive Director
- Phone
- (508) 505-4232
- Website
- www.hopestrengthens.org
Mission
Hope Strengthens Foundation provides targeted financial support to patients and families facing life-threatening illnesses, disabilities, and traumatic injuries.
Program accomplishments
- The organization worked to cover medical bills, specialized equipment, and other out of pocket care expenses for patients and families facing life-threatening illnesses, disabilities, and recovery from traumatic injuries.Expenses $16,248
- The organization partnered with hospital patient service programs to cover medical and care expenses for patients and families undergoing treatment. Additionally, the organization funded scholarships for students at leading universities aspiring to become nurses, social workers, and other healthcare professionals.Expenses $83,014
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 27-1653356
- 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
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Animal-related (D60)
- Assets (IRS master file)
- $167,132
- Income (IRS master file)
- $285,513
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $237,937 | $190,096 | $167,132 | XML |
| 990-EZ | December 2024 | $150,606 | $174,484 | $119,291 | XML |
| 990-EZ | December 2023 | $108,970 | $105,203 | $143,169 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2018 Officer: Jacob Ferreira | December 31, 2018 | ≤ $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 27-1653356).
Questions about HOPE STRENGTHENS FOUNDATION
- What is the EIN of HOPE STRENGTHENS FOUNDATION?
- The employer identification number (EIN) of HOPE STRENGTHENS FOUNDATION is 27-1653356.
- Is HOPE STRENGTHENS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to HOPE STRENGTHENS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOPE STRENGTHENS FOUNDATION 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 HOPE STRENGTHENS FOUNDATION 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 HOPE STRENGTHENS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HOPE STRENGTHENS FOUNDATION?
- The 990 for the year ended December 31, 2025 names Jacob Ferreira.
- Who are the officers and directors of HOPE STRENGTHENS FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $72,091 (Jacob Ferreira, Executive Director).
- How much revenue does HOPE STRENGTHENS FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $237,937, expenses of $190,096 and total assets of $167,132 at year end.
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