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COMMUNITY HOPE FOUNDATION INC

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Public IRS 990 nonprofit record

COMMUNITY HOPE FOUNDATION INC

EIN 81-1922679 · Single Organization Support (P11)

What they do

THE MISSION of THE COMMUNITY HOPE FOUNDATION is to ENSURE THE ONGOING COMMUNITY IMPACT of COMMUNITY HOPE, INC. BY PROMOTING PERMANENCE, STRATEGIC GROWTH, and EXPANDED REACH. THE FOUNDATION is COMMITTED to EMPOWERING COMMUNITY HOPES SUPPORT of MILITARY MEMBERS, VETERANS, THEIR FAMILIES, and INDIVIDUALS WITH MENTAL ILLNESS, ALLOWING THEM to REBUILD and to THRIVE.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $46.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

46.9%of expenses went to mission work52.20% of revenue
22.5%of expenses went to fundraising25.00% of revenue
$111.31spent for every $100 of revenueSpending was higher than revenue this year.
30.6%of expenses went to management and office costs34.10% of revenue
$17.27in assets for every $1 spent this yearSome assets cannot be spent right away.
0.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $31,090 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $23,974 for OANA VICOL (FINANCE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Where each $100 of expenses went

The first percentage is the spending mix. The second compares that amount with the charity’s revenue.

Mission workProgram services46.9% of expenses52.20% of revenue
ManagementOffice and general costs30.6% of expenses34.10% of revenue
FundraisingAsking for donations22.5% of expenses25.00% of revenue
Total expenses111.30% of revenue

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202446.9% mission
202391.0% mission
202297.4% mission

Money in and money out

Revenue$274,808
Expenses$305,898
Annual shortfall $31,090 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$143,438 · 46.9% of expenses
Management and office costs$93,685 · 30.6% of expenses
Fundraising$68,775 · 22.5% of expenses
See all reported dollar amounts
Revenue$274,808
Expenses$305,898
Assets$5,283,971
Income$2,577,755
Contributions$1,400
Mission work (program services)$143,438
Fundraising$68,775
Grants given$1,388,563
Average grant$462,854
Management and general$93,685
Stocks and bonds$5,227,996
Accounting fees$2,388
Investing fees$15
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
OANA VICOLFINANCE DIRECTOR · 1 hrs/week $23,974Base · Other $23,974
CARMINE DEOEXECUTIVE DIRECTOR · 1 hrs/week $11,244Base · Other $11,244

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (7)

OANA VICOLFINANCE DIRECTOR

CARMINE DEOEXECUTIVE DIRECTOR

BRUCE SILVERTREASURER

ELIAS TSEPOURIDISPRESIDENT

JOHN IANNETTATRUSTEE

KATHLEEN DAYSECRETARY

NICHOLAS LORUSSOTRUSTEE

About this charity

Recognized since
January 2016
Location
959 Route 46 East Suite 402, Parsippany, NJ 07054
County
Morris
In care of
Carmine Deo
Primary officer
Carmine Deo, EXECUTIVE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
WITHUMSMITHBROWN PC
NTEE classification
Single Organization Support (P11)
IRS tax category
Single Organization Support
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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