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Nonprofit · EIN 87-0815812

ACRES OF HOPE

Tax-exempt · LEXINGTON, KY 40509

Financials

$49K$52K2023$48K$48K2024
Revenue Expenses · by fiscal year end
Financials of ACRES OF HOPE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$48,150$48,361-$211$2,180$0$2,180
December 31, 2023990-PF$49,048$51,879-$2,831$2,391$0$2,391
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$48,150

Expenses

Grants and similar amounts paid
$5,080
Disbursements for charitable purposes
$45,462

Balance sheet and other

Total assets, start of year
$2,391
Total assets, end of year
$2,180
Total liabilities, end of year
$0
Net assets, end of year
$2,180
Fair market value of assets
$2,180
Qualifying distributions
$45,462

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-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
LEA M MORGAN
6700 ATHENS BOONESBORO, LEXINGTON, KY 40509
PRESIDENT0$0
JOSEPH S MORGAN
6700 ATHENS BOONESBORO ROAD, LEXINGTON, KY 40509
DIRECTOR0$0
TANNER S MORGAN
6700 ATHENS BOONESBORO ROAD, LEXINGTON, KY 40509
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Lea M Morgan
6700 Athens Boonesboro Road, Lexington, KY 40509
President0$0
Joseph S Morgan
6700 Athens Boonesboro Road, Lexington, KY 40509
Director0$0
Tanner S Morgan
6700 Athens Boonesboro Road, Lexington, KY 40509
Director0$0

Address and contacts

Address (IRS master file)
6700 ATHENS BOONESBORO RD, LEXINGTON, KY 40509-9007
In care of
% LEA M MORGAN
Signed the 990-PF
LEA M MORGAN, PRESIDENT
Phone
(859) 576-4923
Return prepared by
Spencer Business Solutions LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
87-0815812
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2021
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Human services (P01)
Assets (IRS master file)
$2,180
Income (IRS master file)
$48,150

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$48,150$48,361$2,180XML
990-PFDecember 2023$49,048$51,879$2,391XML
990-PFDecember 2022–––IRS
990-PFDecember 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 87-0815812).

Questions about ACRES OF HOPE

What is the EIN of ACRES OF HOPE?
The employer identification number (EIN) of ACRES OF HOPE is 87-0815812.
Is ACRES OF HOPE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to ACRES OF HOPE tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ACRES OF HOPE file?
Form 990-PF. Private foundations file every year.
When is the next return of ACRES OF 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 ACRES OF HOPE last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of ACRES OF HOPE?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does ACRES OF HOPE have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $48,150, expenses of $48,361 and total assets of $2,180 at year end.

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