Nonprofit · EIN 33-1664717
VALLEY HOPE FOUNDATION
Tax-exempt · BLACK MOUNTAIN, NC 28711
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $785,932 | $356,211 | $429,721 | $471,037 | $41,316 | $429,721 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $780,932
- of which government grants
- $558,495
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $5,000
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $2,426
- Professional fundraising fees
- $0
- Occupancy
- $2,000
- Travel
- $11
- Depreciation
- $7,358
- Program services (functional)
- $356,211
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $471,037
- Total liabilities, end of year
- $41,316
- Net assets, end of year
- $429,721
- Land, buildings and equipment
- $44,134
- Net assets without donor restrictions
- $429,721
- Gross receipts
- $785,932
- Employees
- 1
- Volunteers
- 10
- Year formed
- 2024
- State of legal domicile
- NC
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 |
|---|---|---|---|
| WILLIAM CARPENTER | VP Officer, Key employee | 40 | $52,092 |
| SARAH CARPENTER | SECRETARY Officer | 20 | $21,600 |
| TRAVIS FRIZSELL | PRESIDENT Officer | 40 | $21,550 |
| RYAN CHEEK | TREASURER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1035 OLD US 70 W, BLACK MOUNTAIN, NC 28711-0000
- In care of
- % WILLIAM CARPENTER
- Mailing address (990-N for 2024)
- 1035 OLD US 70 W, BLACK MOUNTAIN NC 28711
- Principal officer (990 for 2025)
- WILLIAM CARPENTER, 1035 OLD US 70 W, BLACK MOUNTAIN, NC 28711
- Principal officer (990-N for 2024)
- TRAVIS FRIZSELL, 1035 OLD US 70 W, BLACK MOUNTAIN NC 28711
- Signed the 990
- WILLIAM CARPENTER, VP
- Return prepared by
- Helgreen and Dalton Accountants Inc
Mission
PROVIDE FOOD, SUPPLIES TO A VALLEY DEVISTATED BY TROPICAL STORM HELENE. PROVIDE DEMOLITION AND REBUILD FOR PEOPLE WHO WERE AFFECTED BY THE STORM.
Program accomplishments
- PROVIDE FOOD, SUPPLIES TO A VALLEY DEVISTATED BY TROPICAL STORM HELENE. PROVIDE DEMOLITION AND REBUILD FOR PEOPLE WHO WERE AFFECTED BY THE STORM.Expenses $356,211
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-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 33-1664717
- 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
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public safety, disaster preparedness and relief (M20)
- Assets (IRS master file)
- $471,037
- Income (IRS master file)
- $785,932
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $785,932 | $356,211 | $471,037 | IRS |
| 990-N for 2024 Officer: TRAVIS FRIZSELL | December 31, 2024 | ≤ $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 33-1664717).
Questions about VALLEY HOPE FOUNDATION
- What is the EIN of VALLEY HOPE FOUNDATION?
- The employer identification number (EIN) of VALLEY HOPE FOUNDATION is 33-1664717.
- Is VALLEY HOPE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to VALLEY HOPE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALLEY HOPE 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 VALLEY HOPE 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 VALLEY HOPE 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 VALLEY HOPE FOUNDATION?
- The 990 for the year ended December 31, 2025 names WILLIAM CARPENTER.
- Who are the officers and directors of VALLEY HOPE FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 4 people; 3 received compensation from the organization, the highest $52,092 (WILLIAM CARPENTER, VP).
- How much revenue does VALLEY HOPE FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $785,932, expenses of $356,211 and total assets of $471,037 at year end.
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All nonprofits in BLACK MOUNTAIN · North Carolina · Public safety, disaster preparedness and relief