Circle of Hope Foundation Inc

EIN: 873001668 501(c)(3) Human Services

Fort Wayne, IN

Total Revenue
$137,309
Total Expenses
$61,983
Total Assets
$127,799
Net Assets
$127,799
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Phone
2605793676
Tax Period
2025-01-01 to 2025-12-31

Circle of Hope Foundation Inc is a small nonprofit in the Human Services sector that reported $137K in total revenue in fiscal year 2025. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $75K, a strong 55% operating margin.

Mission

Circle of Hope Foundation was founded in 2022 as a 501c3 with a primary mission to raise money for Alzheimers care and family support. Our family was touched by this disease when two family members developed the disease and later succumbed to it. Through that experience we realized that facilities that specialize in that care are quite expensive and the support structure for family members is very limited. Therefore, we created the Circle of Hope Foundation to raise money to donate to not-for-profit organizations like Saint Annes which has a dedicated section of their retirement home to care for Alzheimers patients. As well as organizations such as Walk in My Shoes which raises money to support the family members who have loved ones with Alzheimers with support groups and educational materials on what to expect.The foundation will also look to other organizations to donate to in the local community to help support afterschool activities for at risk youth to help prepare them for colleg

Program Service Accomplishments

Program 1
Expenses: $14,000

Circle of Hope Foundation was founded in 2022 as a 501c3 with a primary mission to raise money for Alzheimers care and family support. Our family was touched by this disease when two family members...

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Circle of Hope Foundation was founded in 2022 as a 501c3 with a primary mission to raise money for Alzheimers care and family support. Our family was touched by this disease when two family members developed the disease and later succumbed to it. Through that experience we realized that facilities that specialize in that care are quite expensive and the support structure for family members is very limited. Therefore, we created the Circle of Hope Foundation to raise money to donate to not-for-profit organizations like Saint Annes which has a dedicated section of their retirement home to care for Alzheimers patients. As well as organizations such as Walk in My Shoes which raises money to support the family members who have loved ones with Alzheimers with support groups and educational materials on what to expect.The foundation will also look to other organizations to donate to in the local community to help support afterschool activities for at risk youth to help prepare them for college like the organization my Brothers Keeper. As well as helping the homeless by donating to the Saint Marys Soup kitchen in Fort Wayne. Finally, we would look to veterans organizations like Shepards House and Combat Veterans Motorcycle Association 14-6, Inc.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $68,869
Program Service Revenue $0
Investment Income $30
Other Revenue $68,410
TOTAL REVENUE $137,309

Expense Breakdown

Grants Paid $14,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $14,000
Other Expenses $47,983
TOTAL EXPENSES $61,983

Year-over-Year Comparison

2025 2024 Change
Revenue $137,309 $82,087 +0.7%
Expenses $61,983 $73,691 -0.2%
Net Income $75,326 $8,396 +8.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Thomas Tsuleff President 5.00
Director
$0 $0 $0
Peter Tsuleff Secretary 5.00
Director
$0 $0 $0
Daniel Tsuleff Treasurer 5.00
Director
$0 $0 $0
Dakota Tsuleff Board Member 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $137,309 $61,983 $127,799 $75,326
2024 $82,087 $73,691 $52,473 $8,396
2023 $87,890 $62,138 $44,077 $25,752
2022 $19,130 $805 $18,325 $18,325
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