EIN 87-0815812

Acres of Hope

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2021
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Acres of Hope is a private foundation located in Lexington, KY that primarily funds young life to support its programs benefiting the young people served. In December 2022, Acres of Hope volunteers took at-risk young men to a professional basketball game out of town with the purpose of providing a memorable experience. The organization made nine grants last year to grantees such as the Lexington Leadership Foundation and others.
Total revenues
$49,048
2023
Total expenses
$51,879
2023
Total assets
$2,391
2023
Num. employees
0
2023

Program areas at Acres of Hope

Acres of Hope provides year-round, ongoing mentoring and support for specific young men and women in the lexington, ky regional area. Mentoring and support activities include providing meals, clothing, shelter, group activities, and other basic living expenses.
Acres of Hope partners with the football team of bryan station middle school in lexington, ky. as a part of this relationship, volunteers mentor and support several specific young men on the team and the team as a whole. In june 2023, the charity provided new helmets and safety equipment for the team.
In december 2023, Acres of Hope paid rent directly to henson investment properties llc in lexington, ky, on behalf of claude and c.j. Jackson, who are a father and son mentored by Acres of Hope volunteers.

Grants made by Acres of Hope

GranteeGrant descriptionAmount
Revive Life HouseFunds Were Given To Revive Ministries, Inc. To Support Its Drug and Alcohol Addiction Treatment Programs.$1,500
Lexington Leadership FoundationFunds Were Given To the Lexington Leadership Foundation To Support Its Programs That Have A Direct Impact on the Individuals Served By Acres of Hope.$1,000
Young LifeFunds Were Given To Young Life To Support Its Programs That Have A Direct Impact on the Young People Served By Acres of Hope.$1,000
...and 3 more grants made

Personnel at Acres of Hope

NameTitleCompensation
Lea M MorganPresident$0

Financials for Acres of Hope

RevenuesFYE 12/2023
Total grants, contributions, etc.$49,048
Investment income and dividends$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$49,048

Form 990s for Acres of Hope

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-12990PFView PDF
2022-122023-08-16990PFView PDF
2021-122022-07-19990PFView PDF
Data update history
October 3, 2023
Posted financials
Added Form 990PF for fiscal year 2022
August 28, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 8, 2023
Updated personnel
Identified 3 new personnel
May 7, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Human services
Characteristics
Provides grantsState / local levelCommunity engagement / volunteeringTax deductible donationsNo full-time employees
General information
Address
6700 Athens Boonesboro Rd
Lexington, KY 40509
Metro area
Lexington-Fayette, KY
County
Fayette County, KY
Phone
(859) 576-4923
IRS details
EIN
87-0815812
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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