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Hope For Depression Research Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Medical Research / Fund Raising and/or Fund Distribution (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$3.38M (2023)

Expenses
$7.75M (2023)

Total Assets
$47.2M (2023)

Total Liabilities
$5.26M (2023)

Years with multiple filings
Source: Form 990 tax filings from 2012 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,383,561
Expenses
$7,749,109
Net Income
-$4,365,548
Net Assets
$41,956,692
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,683,151
49.7%
Program Services $0
Investment Income $1,700,410
50.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $281,531
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $405,169
5.2%
Assets/Debt
Total Assets $47,213,164
Total Liabilities $5,256,472
Net Assets $41,956,692
Compensation
Key Employees and Officers Compensation Related Other
Louisa Benton (Executive Director) $281,530 $0 $0
Audrey B Gruss (Chairman & Director) $0 $0 $0
Dr Harold W Koenigsberg (Director) $0 $0 $0
David Zislin (Vice President / Treasurer) $0 $0 $0
Dr Steven P Roose (Director) $0 $0 $0
Dr William T Speck (Director) $0 $0 $0
Dr Robert Michels (Director) $0 $0 $0
Dr David Kahn (Director) $0 $0 $0
Martin D Gruss (Senior Vice President) $0 $0 $0
Bhash Lalta (Vice President / Secretary) $0 $0 $0
Courtney Keemss (Assistant Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,935,757
Expenses
$8,320,753
Net Income
-$384,996
Net Assets
$45,630,437
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,132,232
26.9%
Program Services $0
Investment Income $5,803,525
73.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $258,257
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $213,598
2.6%
Assets/Debt
Total Assets $50,922,850
Total Liabilities $5,292,413
Net Assets $45,630,437
Compensation
Key Employees and Officers Compensation Related Other
Louisa Benton (Executive Director) $258,257 $0 $0
Audrey B Gruss (Chairman & Director) $0 $0 $0
Dr Harold W Koenigsberg (Director) $0 $0 $0
David Zislin (Vice President / Treasurer) $0 $0 $0
Dr Steven P Roose (Director) $0 $0 $0
Dr William T Speck (Director) $0 $0 $0
Dr Robert Michels (Director) $0 $0 $0
Dr David Kahn (Director) $0 $0 $0
Martin D Gruss (Senior Vice President) $0 $0 $0
Bhash Lalta (Vice President / Secretary) $0 $0 $0
Courtney Keemss (Assistant Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,866,948
Expenses
$5,907,756
Net Income
$959,192
Net Assets
$55,336,237
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,312,730
62.8%
Program Services $0
Investment Income $2,554,218
37.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $199,886
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $209,208
3.5%
Assets/Debt
Total Assets $59,831,359
Total Liabilities $4,495,122
Net Assets $55,336,237
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Louisa Benton (Executive Director) $199,887 $0 $0
Audrey B Gruss (Chairman & Director) $0 $0 $0
Dr Harold W Koenigsberg (Director) $0 $0 $0
David Zislin (Vice President / Treasurer) $0 $0 $0
Dr Steven P Roose (Director) $0 $0 $0
Dr William T Speck (Director) $0 $0 $0
Dr Robert Michels (Director) $0 $0 $0
Dr David Kahn (Director) $0 $0 $0
Martin D Gruss (Senior Vice President) $0 $0 $0
Bhash Lalta (Vice President / Secretary) $0 $0 $0
Courtney Keemss (Assistant Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$38,115,467
Expenses
$6,958,421
Net Income
$31,157,046
Net Assets
$33,295,238
Notable Sources of Revenue Percent of Total Revenue
Contributions $37,353,278
98.0%
Program Services $0
Investment Income $759,287
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,902
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $226,000
3.2%
Professional Fundraising Fees $0
Other Salaries and Wages $288,148
4.1%
Assets/Debt
Total Assets $33,527,865
Total Liabilities $232,627
Net Assets $33,295,238
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Louisa Benton (Executive Director) $226,000 $0 $0
Audrey B Gruss (Chairman & Director) $0 $0 $0
Dr Harold W Koenigsberg (Director) $0 $0 $0
Dr Steven P Roose (Director) $0 $0 $0
Dr William T Speck (Director) $0 $0 $0
Dr Robert Michels (Director) $0 $0 $0
Dr David Kahn (Director) $0 $0 $0
David Zislin (Secretary, Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,979,799
Expenses
$6,279,285
Net Income
-$1,299,486
Net Assets
$3,489,498
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,899,255
98.4%
Program Services $0
Investment Income $79,356
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,188
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $220,000
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $317,729
5.1%
Assets/Debt
Total Assets $3,687,228
Total Liabilities $197,730
Net Assets $3,489,498
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Louisa Benton (Executive Director) $200,000 $0 $0
Audrey B Gruss (Chairman & Director) $0 $0 $0
Dr Harold W Koenigsberg (Director) $0 $0 $0
Dr Steven P Roose (Director) $0 $0 $0
Dr William T Speck (Director) $0 $0 $0
Dr Robert Michels (Director) $0 $0 $0
Dr David Kahn (Director) $0 $0 $0
David Zislin (Secretary, Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,331,620
Expenses
$4,751,553
Net Income
$3,580,067
Net Assets
$4,788,984
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,295,338
99.6%
Program Services $0
Investment Income $38,087
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,805
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $200,000
4.2%
Professional Fundraising Fees $0
Other Salaries and Wages $190,180
4.0%
Assets/Debt
Total Assets $4,857,240
Total Liabilities $68,256
Net Assets $4,788,984
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Louisa Benton (Executive Director) $200,000 $0 $0
Audrey B Gruss (Chairman & Director) $0 $0 $0
Dr Harold W Koenigsberg (Director) $0 $0 $0
Dr Steven P Roose (Director) $0 $0 $0
Dr William T Speck (Director) $0 $0 $0
Dr Robert Michels (Director) $0 $0 $0
Dr David Kahn (Director) $0 $0 $0
David Zislin (Secretary, Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,946,491
Expenses
$4,840,612
Net Income
$105,879
Net Assets
$1,208,917
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,943,548
99.9%
Program Services $0
Investment Income $2,520
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $423
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $203,000
4.2%
Professional Fundraising Fees $0
Other Salaries and Wages $197,097
4.1%
Assets/Debt
Total Assets $1,268,493
Total Liabilities $59,576
Net Assets $1,208,917
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Louisa Benton (Executive Director) $203,000 $0 $0
Audrey B Gruss (Chairman & Director) $0 $0 $0
Dr Harold W Koenigsberg (Director) $0 $0 $0
Dr Steven P Roose (Director) $0 $0 $0
Dr William T Speck (Director) $0 $0 $0
Dr Robert Michels (Director) $0 $0 $0
Dr David Kahn (Director) $0 $0 $0
David Zislin (Secretary, Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,127,769
Expenses
$5,403,080
Net Income
-$275,311
Net Assets
$1,103,038
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,853,201
94.6%
Program Services $0
Investment Income $38
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $274,530
5.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $25,037
0.5%
Other Salaries and Wages $360,848
6.7%
Assets/Debt
Total Assets $1,156,105
Total Liabilities $53,067
Net Assets $1,103,038

Document Links

Fiscal Year Ending Aug.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,842,976
Expenses
$3,996,231
Net Income
-$153,255
Net Assets
$1,378,349
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,842,084
100.0%
Program Services $0
Investment Income $65
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$76
Net Inventory Sales $0
Other Revenue $903
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $162,972
4.1%
Assets/Debt
Total Assets $1,743,555
Total Liabilities $365,206
Net Assets $1,378,349

Document Links

Fiscal Year Ending Feb.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,543,961
Expenses
$3,058,204
Net Income
-$514,243
Net Assets
$1,531,604
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,633,079
> 100%
Program Services $0
Investment Income $516
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$90,247
Sales of Assets $613
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $264,975
8.7%
Assets/Debt
Total Assets $1,600,103
Total Liabilities $68,499
Net Assets $1,531,604
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Louisa Benton (Executive Director) $146,743 $0 $0
Audrey B Gruss (Chairman & Director) $0 $0 $0
Dr Harold W Koenigsberg (Director) $0 $0 $0
Gary Groff (Director, Secretary, Treasurer) $0 $0 $0
Dr Steven P Roose (Director) $0 $0 $0
Dr William T Speck (Director) $0 $0 $0
Dr Robert Michels (Director) $0 $0 $0

Document Links

Fiscal Year Ending Feb.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,878,766
Expenses
$3,141,818
Net Income
-$263,052
Net Assets
$2,045,847
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,923,548
> 100%
Program Services $0
Investment Income $121
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$49,307
Sales of Assets $4,104
0.1%
Net Inventory Sales $0
Other Revenue $300
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $162,927
5.2%
Assets/Debt
Total Assets $2,060,991
Total Liabilities $15,144
Net Assets $2,045,847
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Audrey B Gruss (Chairman & Director) $0 $0 $0
Dr Harold W Koenigsberg (Director) $0 $0 $0
Gary Groff (Director, Secretary, Treasurer) $0 $0 $0
Dr Steven P Roose (Director) $0 $0 $0
Dr William T Speck (Director) $0 $0 $0
Dr Robert Michels (Director) $0 $0 $0

Document Links

Fiscal Year Ending Feb.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,496,920
Expenses
$2,096,597
Net Income
$1,400,323
Net Assets
$2,303,650
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,521,502
> 100%
Program Services $0
Investment Income $107
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$24,654
Sales of Assets -$35
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $172,300
8.2%
Assets/Debt
Total Assets $2,331,689
Total Liabilities $28,039
Net Assets $2,303,650

Document Links

Fiscal Year Ending Feb.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,247,211
Expenses
$998,980
Net Income
$248,231
Net Assets
$900,003
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,282,125
> 100%
Program Services $0
Investment Income $153
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$35,625
Sales of Assets $558
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $311,765
31.2%
Assets/Debt
Total Assets $941,729
Total Liabilities $41,726
Net Assets $900,003

Document Links

Fiscal Year Ending Feb.
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Feb.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Feb.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Feb.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Feb.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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