Nonprofit · EIN 86-2754277
FUTURE HOPE FOUNDATION
Tax-exempt · SOLON, OH 44139
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $68,877 | $66,925 | $1,952 | $20,265 | $0 | $20,265 |
| December 31, 2024 | 990-EZ | $57,359 | $58,051 | -$692 | $18,265 | – | $17,972 |
| December 31, 2023 | 990-EZ | $82,127 | $95,472 | -$13,345 | $18,664 | – | $18,664 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $68,877
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $1,065
- Occupancy
- $516
- Printing, publications and postage
- $148
- Other expenses
- $65,196
Balance sheet and other
- Total assets, start of year
- $18,313
- Total assets, end of year
- $20,265
- Total liabilities, end of year
- $0
- Net assets, end of year
- $20,265
- Gross receipts
- $68,877
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL ASIEDU | DIRECTOR | 40 | $0 |
| BENJAMIN NKRUMAH | ASSISTANT DIRECTOR | 20 | $0 |
| RITA NYAME | TREASURER | 20 | $0 |
| SAMUEL OSEI | SECRETARY | 30 | $0 |
| MAXWELL FRIMPONG | SCOMM & SOCIAL MEDIA | 30 | $0 |
990-EZ for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FUTURE HOPE FOUNDATION | DIRECTOR | 40 | $0 |
| BENJAMIN NKRUMAH | ASSISTANT DIRECTOR | 20 | $0 |
| RITA NYAME | TREASURER | 20 | $0 |
| SAMUEL OSEI | SECRETARY | 30 | $0 |
| MAXWELL FRIMPONG | COMM & SOCIAL MEDIA | 30 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FUTURE HOPE FOUNDATION | DIRECTOR | 40 | $0 |
| BENJAMIN NKRUMAH | ASSISTANT DIRECTOR | 10 | $0 |
| RITA NYAME | TREASURER | 20 | $0 |
| SAMUEL OSEI | SECRETARY | 30 | $0 |
| MAXWELL FRIMPONG | COMM & SOCIAL MEDIA | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 33260 CROMWELL DR, SOLON, OH 44139-4810
- In care of
- % MICHAEL ASIEDU
- Signed the 990-EZ
- MICHAEL ASIEDU, DIRECTOR
- Phone
- (973) 289-2483
- Return prepared by
- HRB TAX GROUP INC
Mission
Our mission is to empower and support underprivileged and vulnerable communities in the USA and Africa by providing resources for personal and community development. We are committed to serving those often overlooked in society, ensuring they have the tools, opportunities, and encouragement to reach their potential
Program accomplishments
- Our mission is to empower and support underprivileged and vulnerable communities in the USA and Africa by providing resources for personal and community development. We are committed to serving those often overlooked in society, ensuring they have the tools, opportunities, and encouragement to reach their potential
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-EZ 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
- 86-2754277
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T50)
- Assets (IRS master file)
- $20,265
- Income (IRS master file)
- $68,877
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $68,877 | $66,925 | $20,265 | XML |
| 990-EZ | December 2024 | $57,359 | $58,051 | $18,265 | XML |
| 990-EZ | December 2023 | $82,127 | $95,472 | $18,664 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | 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 86-2754277).
Questions about FUTURE HOPE FOUNDATION
- What is the EIN of FUTURE HOPE FOUNDATION?
- The employer identification number (EIN) of FUTURE HOPE FOUNDATION is 86-2754277.
- Is FUTURE HOPE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to FUTURE HOPE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FUTURE 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 FUTURE 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 FUTURE HOPE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of FUTURE HOPE FOUNDATION?
- The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does FUTURE HOPE FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $68,877, expenses of $66,925 and total assets of $20,265 at year end.
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All nonprofits in SOLON · Ohio · Philanthropy, voluntarism and grantmaking foundations