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Nonprofit · EIN 45-1677321

HOPES CLOSET

Tax-exempt · SANTA CRUZ, CA 95065

Financials

$352K$273K2023$307K$302K2024
Revenue Expenses · by fiscal year end
Financials of HOPES CLOSET by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$306,788$302,314$4,474$257,772$18,732$239,040
December 31, 2023990$352,212$272,981$79,231$248,513$13,947$234,566
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$54,873
Program service revenue
$251,688
Investment income
$227
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$153,695
Salaries, compensation and benefits (total)
$170,194
Professional fundraising fees
$0
Accounting fees
$1,020
Occupancy
$85,660
Travel
$98
Program services (functional)
$278,959
Management and general (functional)
$23,355

Balance sheet and other

Total assets, start of year
$248,513
Total assets, end of year
$257,772
Total liabilities, end of year
$18,732
Net assets, end of year
$239,040
Land, buildings and equipment
$3,123
Net assets without donor restrictions
$239,040
Gross receipts
$306,788
Employees
11
Volunteers
18
State of legal domicile
CA

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.

NameTitleHours / weekCompensation
CHRIS CHANGRASPresident
Trustee or director, Officer
1$0
VALERIE ROMEROSecretary
Trustee or director, Officer
1$0
DAVE LEONETreasurer
Trustee or director, Officer
1$0
STACY NESSDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
LISA HALL-MAGEEPresident
Trustee or director, Officer
1$0
RUTH CUZICKTreasurer
Trustee or director, Officer
1$0
STACY NESSDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
2557 A SOQUEL DR, SANTA CRUZ, CA 95065-1956
In care of
% STEPHANIE HENDERSEN
Mailing address (990-N for 2020)
2557A Soquel Dr, Santa Cruz CA 95065
Principal officer (990 for 2024)
DAVE LEONE, 2555 SOQUEL DRIVE, SANTA CRUZ, CA 95065
Principal officer (990-N for 2020)
Stephanie Hendersen, 419 Park Dr, Aptos CA 95003
Signed the 990
CHRIS CHANGRAS, President
Phone
(831) 462-6700

California records

California keeps its own records of charities and corporations. Search them by EIN 45-1677321 or by the name HOPES CLOSET.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

HOPES CLOSET PROVIDES USED CLOTHING AND NECESSITIES FOR CHILDREN FROM LOW-INCOME FAMILIES IN SANTA CRUZ COUNTY. WE PROVIDE CLOTHING AT NO COST AND OPERATE A RESALE STORE TO OFFER CLOTHING, BOOKS, AND TOYS AT LOW COST AND TO OFFSETS OUR OPERATING EXPENSES.

990 for the year ended December 31, 2024

Program accomplishments

  • IN 2024 WE PROVIDED 2875 BUNDLES OF CLOTHING TO CHILDREN FROM LOW-INCOME FAMILIES IN SANTA CRUZ COUNTY CALIFORNIA. EACH BUNDLE CONTAINS A WEEKS WORTH OF CLOTHES, SHOES, BOOKS, TOYS AND GAMES.IN 2024 WE RECEIVED APPROXIMATELY 4900 DONATIONS OF CLOTHING, TOYS, BOOKS, GAMES AND EQUIPMENT FROM THE COMMUNITY. THESE DONATIONS ARE USED TO PREPARE OUR BUNDLES OF CLOTHING AND PROVIDE INVENTORY FOR OUR RESALE STORE.
    Expenses $278,959

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-1677321
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
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P80)
Assets (IRS master file)
$257,772
Income (IRS master file)
$306,788

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$306,788$302,314$257,772IRS
990December 2023$352,212$272,981$248,513XML
990December 2022$345,907$259,224$170,130IRS
990December 2021–––IRS
990-N for 2020
Officer: Stephanie Hendersen
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Stephanie Hendersen
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 45-1677321).

Questions about HOPES CLOSET

What is the EIN of HOPES CLOSET?
The employer identification number (EIN) of HOPES CLOSET is 45-1677321.
Is HOPES CLOSET tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to HOPES CLOSET tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOPES CLOSET 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 HOPES CLOSET 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 HOPES CLOSET 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 HOPES CLOSET?
The 990 for the year ended December 31, 2024 names DAVE LEONE.
Who are the officers and directors of HOPES CLOSET?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does HOPES CLOSET have?
On its 990 for the year ended December 31, 2024 it reported revenue of $306,788, expenses of $302,314 and total assets of $257,772 at year end.

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