2024-11-15T10:32:54-07:00 2023-12-31 832368878 Wade R Moran CPA PLLC 6060 N Central Expressway Suite 500 Dallas TX 75206 990 2023-01-01 331104425 SERVICE OF HOPE ENTITIES INC SERV 2142760235 P O Box 227252 Dallas TX 75222 Daniel B Prescott Jr President & CEO 2142760235 2024-11-04 1 1 Wade Moran P01519479 9404650920 2024-11-04 2023 2024-10-15 13:58:12Z Daniel B Prescott Jr 1137 Conveyor Lane Suite 107 Dallas TX 75222 3773091 0 X www.servicesofhope.org X 2004 TX The mission of Services of Hope is to transform lives of low to moderate income students and their families with proven faith based educational programs and services. These services are provided in underserved and under resourced communities. 8 7 28 10 0 0 482443 2520041 1193983 1217525 681 4080 0 31445 1677107 3773091 660413 2011147 0 0 682304 825069 0 0 18724 739180 902382 2081897 3738598 -404790 34493 704308 432740 802805 496744 -98497 -64004 The mission of Services of Hope is to transform lives of low to moderate income students and their families with proven faith based educational programs and services. These services are provided in underserved and under resourced communities. 0 0 3176448 2011147 1217525 Services of Hope provides programs and services in underserved and under resourced communities to transform lives of low to moderate income students and their families with proven faith based educational programs and services. 0 0 0 3176448 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 26 0 1 28 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X Daniel B Prescott Jr 2147072396 P O Box 227252 Dallas TX 75222 Daniel B Prescott Jr President/CEO 40 0 X X 126479 0 0 Saadia Cooks Compliance and Administrative Director 40 0 X 54120 0 0 Daniel Q Prescott III Director 20 0 X 0 0 0 Tyler Gassman Director 20 0 X 0 0 0 Doris Prescott Secetary/Treasurer 25 0 X X 0 0 0 Susie Hood Director 10 0 X 0 0 0 Dana Rushing Director 10 0 X 0 0 0 Antwan Lewis Director 10 0 X 0 0 0 Melvin Peoples Chairman 20 0 X X 0 0 0 180599 0 0 1 0 0 0 0 0 0 0 0 0 2520041 1747350 2520041 Service Fees 624230 1217525 1217525 0 0 0 0 0 0 1217525 4080 0 0 4080 0 0 0 0 0 0 0 0 0 0 0 0 0 Miscellaneous Income 624230 31445 31445 0 0 0 0 0 0 31445 3773091 1248970 0 4080 2011147 2011147 711290 487321 223969 0 61208 29205 29871 2132 52571 33589 18982 0 36190 8300 27682 208 219739 178837 40902 0 37960 32284 5087 589 44836 35775 6883 2178 137191 128611 8580 0 12976 8715 38 4223 12877 6102 172 6603 12718 5 12713 0 61796 0 61796 0 62056 33113 28943 0 Transportation 34304 34067 46 191 Other Assistance 14002 7614 3888 2500 Equipment Expenses 10835 9043 1792 0 Other Expenses 204902 132720 72082 100 3738598 3176448 543426 18724 179660 13191 50133 50884 206570 88712 9572 0 421239 230082 252953 191157 5420 88796 704308 432740 244140 239915 558665 256829 802805 496744 X -98497 -64004 0 0 -98497 -64004 704308 432740 34493 0 0 0 0 0 X 0 1 X 1 1 1 X 1182691 1527100 1470289 1676426 3737566 9594072 1182691 1527100 1470289 1676426 3737566 9594072 9594072 681 4080 4761 31445 31445 9630278 0.99624 1 X Schedule A, Part II, Line 10 Miscellaneous Income 0 0 0 0 0 0 0 0 99546 23228 76318 0 294693 189497 105196 0 27000 17357 9643 191157 ROU Assets 83376 Security Deposit 5420 88796 Notes Payable 173453 Lease Liability 83376 256829 X 3773091 0 0 0 0 0 3773091 0 0 0 3773091 3738598 0 0 0 0 0 3738598 0 0 0 3738598 Schedule D, Part X, Line 2 The Organization is a not-for-profit organization that is exempt from federal income taxes under Section 501(c) (3) of the Internal Revenue Code as other than a private foundation. The Organization is not aware of any activities that would jeopardize its tax-exempt status and is not aware of any activities that are subject to tax on unrelated business income. As of December 31, 2023, the Organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. With few exceptions, Federal information returns filed prior to 2020 for the Organization are no longer subject to examination by tax authorities. 1 Payments directly to leaseholders, utility companies or food pantries for qualified low to moderate income individuals and families that have gone through the necessary processes. The organization also distributes in-kind donations received directly to individuals and families through established programs. 5910 263397 1747750 Fair Market Value Food and clothing Schedule I, Part I, Line 2 The Organization pays the funds directly to leaseholders. utility companies, or food pantries for qualified low to moderate income individuals and families that have gone through the necessary processes. The Organization also provides incentives in classes, schools, programs, and events administered by the Organization. The Organization also distributes in-kind donation received directly to individuals and families through established programs. X Client Assistance 12 1747350 Fair Market Value 0 0 0 0 Form 990, Part VI, Section A, Line 2 Daniel B Prescott Jr and Doris Prescott are husband/wife. Daniel B Prescott Jr and Daniel Q Prescott III are father/son. Form 990, Part VI, Section B, Line 11b The Executive Director and Fiscal Manager review the 990 prior to filing. Form 990, Part VI, Section B, Line 12c Each board member and key employee is given a copy of the conflict-of-interest policy and major business relationships are reviewed for possible conflict of interest transactions on an annual basis. Form 990, Part VI, Section B, Line 15 The governing body reviews and approves the compensation package for the President/CEO. Form 990, Part VI, Section C, Line 19 All financial and organizational documents are available upon request. Filed an extension. Federal audit required needs additional time to be completed.