Prestons H O P E
Only null% goes to programs Strong reserves
Prestons H O P E is a 501(c)(3) organization based in Solon, Ohio, registered in 1999, with $25,810 in FY2024 revenue. CharityIndex grades it B.
32333 Aurora Road, Solon, OH, 44139 EIN 31-1654181 Since 1999
Revenue (FY2024)
$26K
▼ 85.1% vs prior year
Medical Research median: $217K
Expenses (FY2024)
$910
Net assets
$570K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Prestons H O P E— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating7514 mo reserves · +96% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Prestons H O P E: 7514 mo reserves · +96% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Prestons H O P E— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Prestons H O P E: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 32333 Aurora Road, Solon, OH, 44139
- City
- Solon
- State
- Ohio
- Category
- Medical Research
- Subcategory
- Support Foundations & Fundraising
- Website
- …
Financial trends
Revenue declined from $27K (FY2013) to $26K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $570K
Operating margin
96.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$570K
Total liabilities
$0
Net assets
$570K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $25,810▼85.1% | $910▼99.3% | $569,822▲10.2% | $569,822▲10.2% | 990 |
| 2023 | $172,804▲994% | $129,660▲3513% | $517,229▲14.8% | $517,229▲14.8% | 990 |
| 2022 | $15,789▼35.4% | $3,589▼82.1% | $450,517▼4.0% | $450,517▼4.0% | 990 |
| 2021 | $24,436▲135% | $20,001▲64.6% | $469,363▲6.9% | $469,363▲6.9% | 990 |
| 2020 | $10,391▼49.5% | $12,148▼73.7% | $439,149▲4.4% | $439,149▲4.4% | 990 |
| 2019 | $20,563▼27.6% | $46,120▲70.8% | $420,586▼10.4% | $420,586▼10.4% | 990 |
| 2017 | $28,394▼27.9% | $27,006▼79.5% | $469,621▲5.7% | $469,621▲5.7% | 990 |
| 2016 | $39,399▼68.8% | $131,700▲2509% | $444,144▼15.8% | $444,144▼15.8% | 990 |
| 2015 | $126,376▼45.1% | $5,047▼98.4% | $527,192▲28.1% | $527,192▲28.0% | 990 |
| 2014 | $230,291▲755% | $316,320▲10402% | $411,674▼16.5% | $411,724▼16.5% | 990 |
| 2013 | $26,946 | $3,012▼89.5% | $493,065▲11.2% | $493,115▲11.2% | 990 |
| 2012 | — | $28,750 | $443,539 | $443,606 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $54K total
2 grants to Prestons H O P E totaling $54K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Jewish Community Federation of S F Marin Peninsula & Sonoma Counties | Recreation (leisure, sports, athletics) | 2022 | $7,500 |
| Jewish Federation of Cleveland | General support, family fun day, resurfacing of preston's hope playground | 2014 | $46,850 |
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Frequently asked questions
- Is Prestons H O P E a legitimate nonprofit?
- Yes. Prestons H O P E is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-1654181, based in Solon, Ohio. Donations are tax-deductible.
- What is Prestons H O P E's EIN?
- Prestons H O P E's Employer Identification Number (EIN) is 31-1654181.
- How much revenue does Prestons H O P E report?
- Prestons H O P E reported $25,810 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Prestons H O P E have?
- CharityIndex grades Prestons H O P E B, based on financial health (reserves and operating margin).
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Data for Prestons H O P E (EIN 31-1654181) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.