2026-07-29T19:19:16-07:00 2025-12-31 990EZ 2025-01-01 334611900 1 PERCENT MINDSET FOUNDATION 1PER 9545585906 1659 E 55th Street Brooklyn NY 11234 Michael Ducille Founder 9545585906 2026-07-27 2025 2025-03-06 01:10:19Z X X X X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 We provide youth services to underserved communities teaching financial literacy, entrepreneurship and social emotional learning The organization did not conduct program service activities during the 2025 tax year. The organization was in its initial organizational and planning phase and incurred no program service expenses. 0 0 0 Michael Ducille Founder 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NY Michael Ducille 1659 E 55th Street Brooklyn NY 11234 9545585906 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 1. Reason for late filing The organization was unaware of the annual Form 990-EZ filing deadline and requirement. The 1 Percent Mindset Foundation Inc. is a small, volunteer run organization without dedication administrative or accounting staff and its officers were not aware that an annual information return was due to the IRS by the 15th date of the 5th month following the close of the organizations tax year. This lack of awareness was an honest oversight rather than willful neglect. 2. Why an extension was not requested: Because the organization was not aware that filing was due, it did not know that f Form 8868 extension request was available or necessary prior to the deadline. Had the organization been aware of the requirement, it would have either filed on time or requested an extension. 3. Corrective Steps Taken Upon learning of the filing requirement, the organization promptly prepared and submitted its Form 990-EZ and all required schedules. Going forward, the organization has noted its annual filing deadline on its internal calendar and intends to file on time each year, or to timely submit form 8868 if an extension is needed. The organization respectfully asks that the IRS abate any late-filing penalty associated with this return based on reasonable cause described above.