Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2018.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. Every line is in By the numbers.
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Who runs it and what they're paid
3 people listed on the 990; $38K paid to officers and key staff.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2020 |
|---|---|---|---|
| Luke Igweobi | $11,942 | $23,883 | — |
| Ogochukwu Igweobi | $15,523 | — | $13,395 |
| Ogochukwu Igwe | — | $13,636 | — |
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 addiction prevention, counseling, and job training to help people rebuild their lives.
Questions for Outlets for Hope INC
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Outlets for Hope impact in the community include advocacy for
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Total assetsLn 16 | $0 | $0 |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $0 | $0 |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Legal feesLn 11b | $170 | $170 | ||
| Accounting feesLn 11c | $1K | $1K | ||
| Advertising and promotionLn 12 | $856 | $856 | ||
| Office expensesLn 13 | $3K | $3K | ||
| TravelLn 17 | $168 | $168 | ||
| Other expenses (24a–d)Ln 24 | $149K | $149K | ||
| Total functional expensesLn 25 | $154K | $154K | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $8K | $42K | 990 PDF | ||
| FY2023 Viewing | $271K | $154K | $117K | $0 | 990 PDF |
| FY2022 | $22K | −$20K | 990 PDF | ||
| FY2021 | $20K | −$9K | 990 PDF | ||
| FY2020 | $15K | −$9K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $271,006 revenue, 12 lines filed
Part VI · Governance 0 of 3 board members independent, 3 to look at
Part VIII · Statement of revenue $271,006 across 4 lines filed
Part IX · Statement of functional expenses $154,139 across 6 lines filed
Part X · Balance sheet $0 assets, 4 lines filed
Part XI · Reconciliation of net assets $0 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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