STAR OF HOPE INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- STAR OF HOPE INC (EIN 81-3141890)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-09-12
- IRS object ID
- 202502559349100405
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-09-12T07:33:43-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010523282 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Berry Dunn McNeil & Parker LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2211 Congress St | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 813141890 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Star of Hope Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STAR | BusinessNameControlTxt |
| Phone | 2079486499 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 143 | AddressLine1Txt |
| City | Rockland | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04841 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Emily Lane | PersonNm |
| Person Title | Chair | PersonTitleTxt |
| Phone | 2079486499 | PhoneNum |
| Signature | 2025-09-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Melissa Magoon CPA | PreparerPersonNm |
| PTIN | P01712842 | PTIN |
| Phone | 2077752387 | PhoneNum |
| Preparation | 2025-09-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $50,999,224 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,785,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $14,376 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $14,376 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $65,708 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $65,708 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $3,000 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $3,000 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $3,000 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $198,734 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $440,611 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $198,734 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,355,132 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,355,132 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,421,950 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,636,950 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $153,399 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $153,399 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $72,100 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,074 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $70,026 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $613,711 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $49,864 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $563,847 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $354,189 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $335,246 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $23,636 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $220 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $338,617 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $338,617 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $20,760 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $20,760 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $607,101 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,159 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $528,573 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,183,513 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $53,317 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,010,468 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $67,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $67,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,251,013 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $53,317 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,077,968 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,170,937 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,583,633 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,242,096 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,024,684 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,024,684 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $141,532 | AcctRcvblAmt |
| Acct Rcvbl BOY | $244,634 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $141,532 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $141,532 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $60,713 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $29,902 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $29,902 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $87,392 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $237,836 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $237,836 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $2,043,794 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,879,451 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,879,451 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $196,622 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $502,314 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $502,314 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $979,025 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $979,025 | LandBOYAmt |
| Land EOY | $979,025 | LandEOYAmt |
| Land EOYFMV | $979,025 | LandEOYFMVAmt |
| Other Assets BOY | $44,921,980 | OtherAssetsBOYAmt |
| Other Assets EOY | $45,204,480 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $45,204,480 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $50,776,256 | TotalAssetsBOYAmt |
| Total Assets EOY | $50,999,224 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $50,999,224 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $36,077 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $99,082 | AccountsPayableEOYAmt |
| Deferred Revenue BOY | $625,192 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $621,245 | DeferredRevenueEOYAmt |
| Mortgages And Notes Payable BOY | $4,990,178 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $3,992,259 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities BOY | $5,651,447 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,712,586 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $45,124,809 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $46,286,638 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $45,124,809 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $46,286,638 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $50,776,256 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $50,999,224 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $45,124,809 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,170,937 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $46,295,746 | SubtotalAmt |
| Other Decreases | $9,108 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $46,286,638 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| Publicly Traded Securities | P | $438,852 | $241,877 | $196,975 | $196,975 |
| Capital Gain Distribution | P | $1,759 | $1,759 | $1,759 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $198,734 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $22,012 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $22,012 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $22,012 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $18,761 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $10,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $28,761 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $6,749 | OverpaymentAmt |
| Applied To ES Tax | $6,749 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | Yes (1) | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | ME | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | starofhopefoundation.org | WebsiteAddressTxt |
| Individual With Books | Lori Roming | IndividualWithBooksNm |
| Phone | 2079486499 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 230 Main St | AddressLine1Txt |
| City | Unity | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04988 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (11 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Lawrence Sterrs | ||||||||
| PO Box 143 | Rockland | ME | 04841 | Past Executive Chairman | 40.00 | $0 | $0 | $0 |
| Emily Lane | ||||||||
| PO Box 143 | Rockland | ME | 04841 | Co-Chair | 10.00 | $0 | $0 | $0 |
| Paul Bird | ||||||||
| PO Box 143 | Rockland | ME | 04841 | Co-Chair | 10.00 | $0 | $0 | $0 |
| Tracy Harding | ||||||||
| PO Box 143 | Rockland | ME | 04841 | Treasurer/Secretary | 15.00 | $0 | $0 | $0 |
| Mark Bessire | ||||||||
| PO Box 143 | Rockland | ME | 04841 | Director | 2.00 | $0 | $0 | $0 |
| Sharon Corwin | ||||||||
| PO Box 143 | Rockland | ME | 04841 | Director | 2.00 | $0 | $0 | $0 |
| Kris Davidson | ||||||||
| PO Box 143 | Rockland | ME | 04841 | Director | 2.00 | $0 | $0 | $0 |
| Sean Alonzo Harris | ||||||||
| PO Box 143 | Rockland | ME | 04841 | Director | 2.00 | $0 | $0 | $0 |
| Julia Trujillo-Luengo | ||||||||
| PO Box 143 | Rockland | ME | 04841 | Director | 2.00 | $0 | $0 | $0 |
| Adam Weinberg | ||||||||
| PO Box 143 | Rockland | ME | 04841 | Director | 2.00 | $0 | $0 | $0 |
| Sarah Workneh | ||||||||
| PO Box 143 | Rockland | ME | 04841 | Director | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Rockport Building Partners | |||||
| 28 Mistic Avenue | Rockport | ME | 04856 | Construction | $397,475 |
| Carole Martin | |||||
| 162 Brook Road | Falmouth | ME | 04105 | Administrative | $184,344 |
| MacDermid Fine Arts | |||||
| 61 Park Street | Camden | ME | 04843 | Art collection management | $178,247 |
| Unity Foundation | |||||
| PO Box 815 | Unity | ME | 04988 | Administrative/Operations support | $90,680 |
| Eaton Peabody | |||||
| PO Box 1210 | Bangor | ME | 04402 | Legal | $83,630 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 7 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | The mission of the Star of Hope Foundation is to promote education of the visual arts through various means including exhibitions, artist-in-residence programs and other outreach endeavors. | Description1Txt |
| Expenses1 | $700,376 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,656,188 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,007,673 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,663,861 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,663,861 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $69,958 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,593,903 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $229,695 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $229,695 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $22,012 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $22,012 | TotalTaxAmt |
| Distributable Before Adj | $207,683 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $207,683 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $207,683 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,077,968 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,077,968 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $207,683 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $282,380 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,579,826 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $998,616 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,381,964 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,011,225 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $7,254,011 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,077,968 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $207,683 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,870,285 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $9,124,296 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $282,380 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $8,841,916 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,579,826 | ExcessFromYear4Amt |
| Excess From Year3 | $998,616 | ExcessFromYear3Amt |
| Excess From Year2 | $1,381,964 | ExcessFromYear2Amt |
| Excess From Year1 | $2,011,225 | ExcessFromYear1Amt |
| Excess From Current Year | $1,870,285 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hampton Synagogue | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 154 Sunset Ave | AddressLine1Txt |
| City | Westhampton Beach | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11978 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | NC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | General Support | GrantOrContributionPurposeTxt |
| Amt | $67,500 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $67,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $14,376 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $65,708 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $3,000 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $1,355,132 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $198,734 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,636,950 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,636,950 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| Estate of Robert Indiana | |||||||
| 1 | 15 Limerock Street | Rockland | ME | 04841 | $285,000 | Yes (X) | |
| Morgan Art Foundation Limited | |||||||
| 2 | 45 East 80th Street | New York | NY | 10075 | $1,500,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | Artwork | NoncashPropertyDesc |
| Fair Market Value | $285,000 | FairMarketValueAmt |
| Received | 2024-09-30 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Services | CategoryTxt |
| Amt | $72,100 | Amt |
| Net Investment Income | $2,074 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $70,026 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (13 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 155 Shares of iSharesBarclaysTIPS BondETF | $29,098 | $29,098 |
| 330 Shares of iSharesIboxxInvestmentGrade | $35,257 | $35,257 |
| 585 Shares of iShares0-5 Year InvestmentGrade | $16,515 | $16,515 |
| 7779 Shares of VanguardShort-TermBondIndex | $78,798 | $78,798 |
| 3717 Shares of VanguardTotalBondMarketIndex | $35,242 | $35,242 |
| 249 Shares of iShares Core S&P Small-Cap ETF | $28,690 | $28,690 |
| 350 Shares of iShares MSCI USA Min Vol Factor ETF | $31,077 | $31,077 |
| 1260.015 Shares of Principal MidCap Fund | $56,234 | $56,234 |
| 2759.078 Shares of Hartford Emerging Markets Equity Fund | $27,342 | $27,342 |
| 486 Shares of iShares MSCI Emerging Markets ex China ETF | $26,949 | $26,949 |
| 5165.726 Shares of Schwab Fundamental International Large Company Index Fund | $53,517 | $53,517 |
| 1146 Shares of Vanguard FTSE Developed Markets ETF | $54,803 | $54,803 |
| 587 Shares of Vanguard Total International Bond ETF | $28,792 | $28,792 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (53 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 120 Shares of Accenture PLC | $42,215 | $42,215 |
| 88 Shares of Adobe Inc | $39,132 | $39,132 |
| 245 Shares of Alcon AG | $20,798 | $20,798 |
| 132 Shares of Alphabet Inc | $24,988 | $24,988 |
| 142 Shares of Check Point Software Technologies Ltd | $26,511 | $26,511 |
| 100 Shares of Chevron CORP | $14,484 | $14,484 |
| 235 Shares of Chubb Ltd | $64,930 | $64,930 |
| 88 Shares of Constellation Brands Inc | $19,448 | $19,448 |
| 50 Shares of Costco Wholesale Corp | $45,813 | $45,813 |
| 85 Shares of Deere & Co | $36,014 | $36,014 |
| 247 Shares of Duke Energy Corp | $26,612 | $26,612 |
| 25 Shares of Elevance Health Inc | $9,222 | $9,222 |
| 145 Shares of Expeditors International of Washington Inc | $16,062 | $16,062 |
| 207 Shares of Genuine Parts Co | $24,169 | $24,169 |
| 80 Shares of Home Depot Inc/The | $31,119 | $31,119 |
| 230 Shares of Johnson & Johnson | $33,263 | $33,263 |
| 220 Shares of JPMorgan Chase & Co | $52,736 | $52,736 |
| 1535 Shares of Kinder Morgan Inc | $42,059 | $42,059 |
| 155 Shares of L3Harris Technologies Inc | $32,593 | $32,593 |
| 180 Shares of Linde PLC | $75,361 | $75,361 |
| 405 Shares of McCormick & Co Inc/MD | $30,877 | $30,877 |
| 180 Shares of McDonald's CORP | $52,180 | $52,180 |
| 360 Shares of Medtronic PLC | $28,757 | $28,757 |
| 267 Shares of Merck & Co Inc | $26,561 | $26,561 |
| 107 Shares of Microsoft CORP | $45,100 | $45,100 |
| 650 Shares of Mondelez International Inc | $38,824 | $38,824 |
| 235 Shares of Nestle SA | $19,199 | $19,199 |
| 390 Shares of NextEra Energy Inc | $27,959 | $27,959 |
| 368 Shares of NIKE Inc | $27,847 | $27,847 |
| 253 Shares of Novartis AG | $24,619 | $24,619 |
| 334 Shares of NVIDIA Corp | $44,853 | $44,853 |
| 415 Shares of Omnicom Group Inc | $35,707 | $35,707 |
| 256 Shares of Oracle CORP | $42,660 | $42,660 |
| 120 Shares of Packaging Corp of America | $27,016 | $27,016 |
| 280 Shares of PepsiCo Inc | $42,577 | $42,577 |
| 214 Shares of Procter & Gamble CO/THE | $35,877 | $35,877 |
| 245 Shares of Prologis Inc | $25,896 | $25,896 |
| 125 Shares of Public Storage | $37,430 | $37,430 |
| 115 Shares of Quanta Services Inc | $36,346 | $36,346 |
| 214 Shares of Republic Services Inc | $43,053 | $43,053 |
| 35 Shares of Snap-on Inc | $11,882 | $11,882 |
| 50 Shares of S&P Global Inc | $24,902 | $24,902 |
| 240 Shares of Target Corp | $32,443 | $32,443 |
| 130 Shares of Texas Instruments Inc | $24,376 | $24,376 |
| 30 Shares of Thermo Fisher Scientific Inc | $15,607 | $15,607 |
| 655 Shares of TJX Cos Inc/The | $79,131 | $79,131 |
| 390 Shares of T-Mobile US INC | $86,085 | $86,085 |
| 288 Shares of Truist Financial Corp | $12,493 | $12,493 |
| 273 Shares of US Bancorp | $13,058 | $13,058 |
| 115 Shares of Vertex Pharmaceuticals Inc | $46,311 | $46,311 |
| 190 Shares of Visa INC | $60,048 | $60,048 |
| 460 Shares of Xylem Inc/NY | $53,369 | $53,369 |
| 300 Shares of Zoetis INC | $48,879 | $48,879 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $237,836 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $237,836 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $153,399 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $153,399 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Artwork | Desc |
| BOY Book Value | $44,921,980 | BOYBookValueAmt |
| EOY Book Value | $45,204,480 | EOYBookValueAmt |
| EOYFMV | $45,204,480 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized Loss | Desc |
| Amt | $9,108 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Membership Fees | $685 | $0 | $685 |
| Bank Fees | $1,178 | $0 | $1,178 |
| Advertising | $522 | $0 | $522 |
| Website | $1,201 | $0 | $1,201 |
| Office Supplies | $3,187 | $0 | $3,187 |
| Insurance | $17,513 | $1,159 | $3,462 |
| Art Collection Expenses | $447,105 | $0 | $447,105 |
| Repairs | $131,983 | $0 | $70,006 |
| Licenses | $151 | $0 | $151 |
| Micellaneous | $1,076 | $0 | $1,076 |
| Loss on Abandonment of Assets | $2,500 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Royalty and Licensing Revenue | Desc |
| Revenue And Expenses Per Books | $1,355,132 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $1,355,132 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,355,132 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Fees | $21,468 | $21,468 | $0 |
| Administrative Services | $90,000 | $7,826 | $82,174 |
| Professional Fees | $449,531 | $20,570 | $428,961 |
| Collections Management | $52,712 | $0 | $52,712 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Foreign Taxes | $220 | $220 | $0 |
| Federal Excise Tax | $23,416 | $0 | $0 |
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