Hope Exists Foundation INC

Tax-deductible

Linwood, NJ501(c)(3)Crime & LegalEIN 82-5432194Revenue $860K in FY2025

On file with the IRS505 Hamilton Ave, 08221-1057 · Linwood, NJTax-exempt since Jul 2018Publicly supported — 509(a)(2)

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The Hope Exists Foundation is a non-profit organization funded by grants and donations to create safer and healthier communities. Our primary mission is to address various community needs through mobile outreach units. These units focus on tackling food insecurities, linking individuals to substance use and mental health treatment services, and offering follow-up case management to ensure ongoing support. Furthermore, we are also committed to veterans' suicide prevention efforts, providing essential interventions and support services to those in need withinthis demographic.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Run by 10 volunteers and 20 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $49K a year · 7% of revenue · last 3 filings
Worth a look: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$136K
to officers and key staff · 16% of spending
Top officer’s pay higher than 53% of similar orgs
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $58K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$860K
+4% vs prior year
Spent
$873K
To programs
74%
Net assets
$194K
By yearFY2023–FY2025
Revenue
$860K
FY2025▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2023$539K
FY2024$828K
FY2025$860K
Expenses
$873K
FY2025▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2023$347K
FY2024$860K
FY2025$873K
Net assets
$194K
FY2025▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2023$240K
FY2024$207K
FY2025$194K

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $645K Management & general 19% · $168K Fundraising 7% · $60K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $136K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$75,000Pt VII · Sec A
Secretary
$60,808Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jaime Costello’s $75K as Executive Dir. is at the 53rd percentile of top reported officer pay among 1404 $100K–1M crime & legal nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024
Jaime Costello$75,000$62,341
Susan K Long—$69,000
Tracy Mazur$60,808$36,615
Stephen McGee—$60,000
Zaharias Caracostantakis—$56,000
Brianna a Hoffman—$49,920

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides mobile outreach for food, mental health, substance use treatment, and veteran suicide prevention.

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Provided by the organization

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1 program · $645K · in their own filed words · FY2025
01

The Hope Exists Foundation is a non-profit organization funded by grants and donations to create safer and healthier communities. Our primary mission is to address various community needs through mobile outreach units.

$645Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$58K
Grants paid · 2 grants · $96K · 2023–2025
Unitemized GrantFY2025$89,827
Unitemized GrantFY2023$6,000

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$860K
Ln 12
Gifts and grantsLn 1h$676K
Fees for servicesLn 2g$178K
Other incomeLn 4–11$6K
Money outPt IX
$873K
Ln 25
Programscol B$645K
Managementcol C$168K
Fundraisingcol D$60K
Owns and owesPt X
$194K
net assets · Ln 32
Cash and savingsLn 1–2$164K
Total assetsLn 16$194K
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$676K
Government grantsLn 1e$572K
Fees for servicesLn 2g$178K
Other incomeLn 4–11$6K
Gains on assetsLn 7−$17K
Total revenueLn 12$860K
Assets in detailPt X, end of year
CashLn 1$164K
SavingsLn 2$0
Cash and savings togetherLn 1–2$164K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$30K
Other assetsLn 15$775
Total assetsLn 16$194K
LiabilitiesLn 26$0
Net assetsLn 32$194K
OperationsPt I, VI
EmployeesI 520
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$169K$164K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$80K$30K
Total assetsLn 16$250K$194K
LiabilitiesLn 26$43K$0
Net assetsLn 32$207K$194K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$90K$90K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$136K$61K$61K$14K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$343K$253K$56K$34K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$53K$24K$24K$5K
Payroll taxesLn 10$51K$38K$8K$5K
Management feesLn 11a$0
Legal feesLn 11b$250$125$125
Accounting feesLn 11c$8K$2K$6K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$57$57
Advertising and promotionLn 12$2K$1K$490
Office expensesLn 13$11K$6K$6K
Information technologyLn 14$110K$110K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$4K$4K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$2K$2K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$19K$19K
InsuranceLn 23$10K$9K$132$533
Other expenses (24a–d)Ln 24$31K$25K$5K$720
All other expensesLn 24e$3K$2K$2K$25
Total functional expensesLn 25$873K$645K$168K$60K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $860K$873K−$13K$194K 990 PDF
FY2024 $828K$860K−$32K$207K 990 PDF
FY2023 $539K$347K$192K$240K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $859,921 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $536,726$676,451
I-9 Program service revenuePrior year $281,885$177,686
I-10 Investment income−$17,207
I-11 Other revenuePrior year $9,302$22,991
I-12 Total revenuePrior year $827,913$859,921
I-13 Grants and similar amounts paidPrior year $2,680$89,827
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $654,916$582,999
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $202,611$200,322
I-18 Total expensesPrior year $860,207$873,148
I-19 Revenue less expensesPrior year −$32,294−$13,227
Part VI · Governance 7 of 7 board members independent, 5 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $859,921 across 10 lines filed
VIII-1e Government grants$572,216
VIII-1f All other contributions, gifts and grants$104,235
VIII-1h Total contributions, gifts and grants$676,451
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $177,686$177,686
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission −$17,207−$17,207
VIII-8 Net income from fundraising events$22,991
VIII-12 Total revenueRelated to mission $160,479$859,921
Part IX · Statement of functional expenses $873,148 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $89,827$89,827
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $61,114 · Management $61,113 · Fundraising $13,581$135,808
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $252,944 · Management $55,943 · Fundraising $34,320$343,207
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $23,862 · Management $23,862 · Fundraising $5,303$53,027
IX-10 Payroll taxesPrograms $37,555 · Management $8,306 · Fundraising $5,096$50,957
IX-11a Management fees$0
IX-11b Legal feesPrograms $125 · Management $125$250
IX-11c Accounting feesPrograms $2,020 · Management $6,195$8,215
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $57$57
IX-12 Advertising and promotionPrograms $1,047 · Fundraising $490$1,537
IX-13 Office expensesPrograms $5,534 · Management $5,550$11,084
IX-14 Information technologyPrograms $110,004$110,004
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $4,080$4,080
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $2,350$2,350
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $18,545$18,545
IX-23 InsurancePrograms $8,838 · Management $132 · Fundraising $533$9,503
IX-24 Other expenses (24a–d)Programs $25,229 · Management $5,431 · Fundraising $720$31,380
IX-24e All other expensesPrograms $1,726 · Management $1,566 · Fundraising $25$3,317
IX-25 Total functional expensesPrograms $644,800 · Management $168,280 · Fundraising $60,068$873,148
Part X · Balance sheet $194,122 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $168,762$163,568
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $80,476$29,779
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $775$775
X-16 Total assetsStart of year $250,013$194,122
X-26 Total liabilitiesStart of year $42,664$0
X-27 Net assets without donor restrictionsStart of year $207,349$194,122
X-32 Total net assets or fund balancesStart of year $207,349$194,122
X-33 Total liabilities and net assetsStart of year $250,013$194,122
Part XI · Reconciliation of net assets $194,122 net assets at year end
XI-1 Total revenue$859,921
XI-2 Total expenses$873,148
XI-3 Revenue less expenses−$13,227
XI-4 Net assets at start of year$207,349
XI-10 Net assets at end of year$194,122

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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