Sayre Hope Inc is a private foundation focused on Human Services, based in Graysville, AL. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $60K in total assets. In 2022, it awarded 1 grant totaling $20K. Net investment income was $11K.
Key facts about Sayre Hope Inc
In short: Sayre Hope Inc gave $20K across 1 grant in 2022 (avg $20K), mostly in Alabama. Source: 2022 IRS Form 990-PF.
- EIN
- 63-1266228
- Latest 990 filing
- Form 990-PF, 2022
- Annual giving (2022)
- $19,612
- Grants made (2022)
- 1
- Average grant
- $19,612
- Median grant
- $19,612
- Total assets
- $60,441
- Primary geography
- Alabama (100% of itemized 2022 grant dollars)
Data from IRS Form 990-PF, 2022; updated September 2026.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$60K
-33.3% YoY
Annual Giving
$20K
-58.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$20K
-58.2% YoY
Under IRS private-foundation payout rules, Sayre Hope Inc reported a distributable amount of $4K for 2022 — the minimum it must pay out in qualifying distributions.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2022 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2022
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| SAYRE COMMUNITY Sayre, AL | BETTERMENT OF THE COMMUNITY | $19,612 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $60,441 | $90,679 | $135,294 |
| Revenue | $12,164 | $21,813 | $17,740 |
| Expenses | $34,679 | $76,830 | $50,251 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $10,538 | $17,901 | $15,916 |
| Distributable Amount | $3,575 | $6,905 | $8,456 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2022
Leadership & Key People
Officers and directors from IRS filings
Sayre Hope Inc is led by Mike Cox, President on the 2022 filing; none of the 9 officers listed in 2022 report compensation.
Officers on the 2022 filing
Mike Cox
President
New on the 2022 filing
5 hrs/week
No compensation reported
Gail Blackmon
Director
On filings since 2020
2 hrs/week
No compensation reported
Carol Bonds
Director
New on the 2022 filing
2 hrs/week
No compensation reported
Jay Zassoda
Director
New on the 2022 filing
2 hrs/week
No compensation reported
Ricky Hicks
Director
New on the 2022 filing
2 hrs/week
No compensation reported
Darrell Pace
Program Coordinator
New on the 2022 filing
5 hrs/week
No compensation reported
Dave Franks
Secretary
New on the 2022 filing
5 hrs/week
No compensation reported
Oscar Requena
Vice President
New on the 2022 filing
5 hrs/week
No compensation reported
Tracy Helms
Treasurer
New on the 2022 filing
5 hrs/week
No compensation reported
Former officers (4)
- Former: Billie Allbritton (2020–2021) — President
- Former: James McCullers (2020–2021) — Secretary
- Former: Lisa Simpson (2020–2021) — Vice President
- Former: Wendy Ellison (2020–2021) — Treasurer
Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Sayre Hope Inc
How much does Sayre Hope Inc give each year?
Sayre Hope Inc gave $20K across 1 grant in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $47K across 1 grant.
How large is Sayre Hope Inc?
Sayre Hope Inc reported $60K in total assets on its 2022 IRS Form 990-PF. Its revenue that year was $12K.
What is Sayre Hope Inc?
Sayre Hope Inc is a nonprofit organization focused on Human Services, based in Graysville, AL. It holds $60K in total assets as of 2022.
Where does Sayre Hope Inc operate?
Sayre Hope Inc has awarded grants in Alabama.
How much is Sayre Hope Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Sayre Hope Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sayre Hope Inc's EIN?
Sayre Hope Inc's EIN (Employer Identification Number) is 63-1266228. IRS Form 990 filing data is available on this page for 2020–2022.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Sayre Hope Inc by hand.
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