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Nonprofit · EIN 84-2467379

CLARAS HOPE

Tax-exempt · FENTON, MI 48430

Financials

$289K$262K2023$372K$351K2024
Revenue Expenses · by fiscal year end
Financials of CLARAS HOPE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$372,046$351,388$20,658$387,181$91,568$295,613
December 31, 2023990$288,943$261,950$26,993$394,785$119,830$274,955
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$231,653
Program service revenue
$0
Investment income
$9,488
Net income from fundraising events
$130,905
Other revenue
$130,905

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$20,514
Other salaries and wages
$137,923
Salaries, compensation and benefits (total)
$174,159
Professional fundraising fees
$0
Accounting fees
$17,000
Occupancy
$12,220
Depreciation
$810
Program services (functional)
$264,033
Management and general (functional)
$70,489
Fundraising (functional)
$16,866

Balance sheet and other

Total assets, start of year
$394,785
Total assets, end of year
$387,181
Total liabilities, end of year
$91,568
Net assets, end of year
$295,613
Net assets without donor restrictions
$282,228
Net assets with donor restrictions
$13,385
Gross receipts
$397,297
Employees
5
Volunteers
72

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
Tamara KromerFounder & Director
Officer
40$20,514
Karen ByrneSecretary
Trustee or director, Officer
1.39$0
Dave KromerMember
Trustee or director
0.31$0
Laura LenzPresident
Trustee or director, Officer
1.09$0
Alexa HofstraTreasurer
Trustee or director, Officer
0.91$0
Mary Thornburg-OsborneMember
Trustee or director
0.13$0
Brandon PeabodyVice President
Trustee or director, Officer
0.16$0
Trisia GothamMember
Trustee or director
0.26$0
Kevin JohnsonMember
Trustee or director
0.25$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
TAMARA KROMERFOUNDER & DI
Officer
40$20,257
JOANNE ADAMSPRESIDENT
Trustee or director, Officer
1.38$0
KAREN BYRNESECRETARY
Trustee or director, Officer
1.36$0
TRISIA GOTHAMMEMBER
Trustee or director
0.3$0
ALEXA HOFSTRATREASURER
Trustee or director, Officer
0.88$0
KEVIN JOHNSONMEMBER
Trustee or director
0.1$0
DAVE KROMERMEMBER
Trustee or director
0.75$0
LAURA LENZVICE PRESIDE
Trustee or director, Officer
1.4$0
BRANDON PEABODYMEMBER
Trustee or director
0.14$0
MARY THORNBURG-OSBORNEMEMBER
Trustee or director
0.62$0

Address and contacts

Address (IRS master file)
2525 W SHIAWASSEE AVE, FENTON, MI 48430-1743
In care of
% TAMARA M KROMER
Principal officer (990 for 2024)
Tamara Kromer, 10445 Denton Creek, Fenton, MI 48430
Signed the 990
Tamara Kromer, Founder & Director
Phone
(810) 428-6522
Return prepared by
YEO & YEO PC

Mission

To help local foster and adoptee families achieve succuess

990 for the year ended December 31, 2024

Program accomplishments

  • Clara's Hope provides support services to foster and adoptive families in Genesee and Livingston counties. Services include home based support with an experienced social worker, scholarships for trauma/attachment therapy, assistance with tangible items needed for new or ongoing child placements, family events, and volunteer recruitment and connection for additional support.
    Expenses $264,033

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
84-2467379
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$387,181
Income (IRS master file)
$397,297

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$372,046$351,388$387,181XML
990December 2023$288,943$261,950$394,785XML
990December 2022$333,691$296,614$247,959IRS
990December 2021–––IRS
990December 2020–––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 84-2467379).

Questions about CLARAS HOPE

What is the EIN of CLARAS HOPE?
The employer identification number (EIN) of CLARAS HOPE is 84-2467379.
Is CLARAS HOPE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to CLARAS HOPE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CLARAS HOPE 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 CLARAS HOPE 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 CLARAS HOPE 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 CLARAS HOPE?
The 990 for the year ended December 31, 2024 names Tamara Kromer.
Who are the officers and directors of CLARAS HOPE?
The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $20,514 (Tamara Kromer, Founder & Director).
How much revenue does CLARAS HOPE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $372,046, expenses of $351,388 and total assets of $387,181 at year end.

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