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Nonprofiteer
← LIVING HOPE INCORPORATED

Form 990 for tax year 2024

Filed by LIVING HOPE INCORPORATED.

Totals

Total revenue
$10,666,467
Total expenses
$6,940,889
Contributions and grants received
$10,666,467
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$12,919,129
Total liabilities, end of year
$151,588
Net assets or fund balances, end of year
$12,767,541
Program services expenses (Part IX)
$6,940,889
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$6,940,889

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $10,666,467

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $330,000 · program services $330,000

  • 7 · Other salaries and wages

    total $4,225,344 · program services $4,225,344

  • 11g · Fees: other

    total $2,385,545 · program services $2,385,545

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,972,797 · end of year $10,928,934

  • 4 · Accounts receivable

    beginning of year $13,100

  • 9 · Prepaid expenses and deferred charges

    beginning of year $13,100

  • 10a · Land, buildings and equipment: cost or other basis

    $1,393,501

  • 10b · Land, buildings and equipment: accumulated depreciation

    $522,092

  • 10c · Land, buildings and equipment, net

    beginning of year $1,747,464 · end of year $871,409

  • 14 · Intangible assets

    end of year $1,118,786

  • 17 · Accounts payable and accrued expenses

    beginning of year $13,100 · end of year $15,257

  • 19 · Deferred revenue

    end of year $136,331

  • 31 · Retained earnings, endowment or other funds

    beginning of year $6,733,361 · end of year $12,767,541

Mission and programs · 2024

Mission

HOME LIVING ASSISTANCE

  • THE ORGANIZATION WAS ABLE TO PROVIDE A COMMUNITY RESIDENTIAL SERVICES TO ADULTS WITH DEVELOPEMNTAL DISABILITIES.

    Expenses $6,940,889 · Revenue $10,666,467

As filed on the 2024 return.

Listed in Part VII

  • ADEBAYO ADEWUYI

    PRESIDENT

    Total calculated
    $0
    Hours/week
    40 + 40 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
5 March 2025
IRS schema version
2024v5.0
Source object
202500809349300115

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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