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Nonprofit · EIN 46-2853104

FRIENDS OF AGAPE INC

Tax-exempt · COLORADO SPGS, CO 80949

Financials

$8.5M$8.8M2023$6.9M$8.4M2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF AGAPE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$6,905,505$8,375,037-$1,469,532$6,436,828$1,654,740$4,782,088
March 31, 2024990$8,493,848$8,758,874-$265,026$6,288,568$39,624$6,248,944
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$6,702,605
Program service revenue
$0
Investment income
$201,290
Net gain from sales of assets
-$2,108
Other revenue
$1,610

Expenses

Grants and similar amounts paid
$3,451,911
Salaries, compensation and benefits (total)
$82,428
Professional fundraising fees
$0
Legal fees
$33,627
Accounting fees
$72,462
Travel
$142,359
Program services (functional)
$7,830,928
Management and general (functional)
$301,448
Fundraising (functional)
$242,661

Balance sheet and other

Total assets, start of year
$6,288,568
Total assets, end of year
$6,436,828
Total liabilities, end of year
$1,654,740
Net assets, end of year
$4,782,088
Publicly traded securities
$2,004,853
Net assets without donor restrictions
$893,097
Net assets with donor restrictions
$3,888,991
Gross receipts
$7,667,423
Employees
0
Volunteers
8
Year formed
2013
State of legal domicile
CO

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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Harold OverstreetBoard Chairman
Trustee or director, Officer
3$0
Ryan KoenigerBoard Secretary
Trustee or director, Officer
3$0
Jennifer CoghlanBoard Member
Trustee or director
3$0
Ken AxtBoard Member
Trustee or director
3$0
Name Withheld for Security ConcernsBoard Member
Trustee or director
3$0
Rosamma FinneyBoard Member
Trustee or director
3$0
Ryan PatersonBoard Member (Part Year)
Trustee or director
3$0
Bob DinolfoTreasurer
Officer
3$0
Stephen HoffmanExecutive Director
Officer
25$0
990 for the year ended March 31, 2024: 9 people
NameTitleHours / weekCompensation
Harold OverstreetBoard Chairman
Trustee or director, Officer
3$0
Ryan KoenigerBoard Secretary
Trustee or director, Officer
3$0
Jennifer CoghlanBoard Member
Trustee or director
3$0
Ken AxtBoard Member
Trustee or director
3$0
Name Withheld Due to Security ConcernsBoard Member
Trustee or director
3$0
Rosamma FinneyBoard Member
Trustee or director
3$0
Ryan PatersonBoard Member
Trustee or director
3$0
Bob DinolfoTreasurer
Officer
3$0
Stephen HoffmanExecutive Director
Officer
25$0

Address and contacts

Address (IRS master file)
PO BOX 49522, COLORADO SPGS, CO 80949-9522
Principal officer (990 for 2024)
Stephen Hoffman, PO Box 49522, Colorado Springs, CO 80949
Signed the 990
Stephen Hoffman, Executive Director
Phone
(719) 648-5524
Return prepared by
CRI Capin Crouse Advisors LLC

Mission

Friends of Agape exists to help fulfill Jesus' Great Commission globally by helping to strengthen churches and by practicing Jesus' Great Commandment through acts of love and mercy.

990 for the year ended March 31, 2025

Program accomplishments

  • Engaging the Scripture-less, assisting church networks to apply accelerated models of Bible translation and distribution in print, audio, and video formats.
    Expenses $4,265,802 · grants $313,128
  • Strengthening Churches to be biblically grounded and committed to Jesus' Great Commandment and Great Commission.
    Expenses $2,495,036 · grants $2,374,300
  • Equipping Leaders through annual biblical and management training.
    Expenses $484,577 · grants $460,417
  • Empowering the Poor is accomplished primarily through children's education and provision of work skills development.
    Expenses $304,216 · grants $297,626
  • Other Program services include emergency relief support and sponsoring networking meetings among church denominations and church networks.
    Expenses $281,297 · grants $6,440

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
46-2853104
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
2013
Accounting year ends
March
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X20)
Assets (IRS master file)
$6,436,828
Income (IRS master file)
$7,667,423

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$6,905,505$8,375,037$6,436,828XML
990March 2024$8,493,848$8,758,874$6,288,568XML
990March 2023$9,731,898$7,378,049$6,541,023IRS
990March 2022–––IRS
990March 2021–––IRS
990March 2019–––IRS

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 46-2853104).

Questions about FRIENDS OF AGAPE INC

What is the EIN of FRIENDS OF AGAPE INC?
The employer identification number (EIN) of FRIENDS OF AGAPE INC is 46-2853104.
Is FRIENDS OF AGAPE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to FRIENDS OF AGAPE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF AGAPE INC 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 FRIENDS OF AGAPE INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF AGAPE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of FRIENDS OF AGAPE INC?
The 990 for the year ended March 31, 2025 names Stephen Hoffman.
Who are the officers and directors of FRIENDS OF AGAPE INC?
The 990 for the year ended March 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does FRIENDS OF AGAPE INC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $6,905,505, expenses of $8,375,037 and total assets of $6,436,828 at year end.

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