Nonprofit · EIN 26-0391261
ONE PLUS ONE EQUALS U INC
Tax-exempt · LOUISVILLE, KY 40252
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $4,127 | $6,678 | -$2,551 | $43,813 | – | $43,813 |
| December 31, 2024 | 990-EZ | $27,424 | $6,519 | $20,905 | $67,533 | – | $67,533 |
| December 31, 2023 | 990-EZ | $24,961 | – | – | $46,628 | – | $46,628 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,127
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $500
- Occupancy
- $6,178
Balance sheet and other
- Total assets, start of year
- $46,364
- Total assets, end of year
- $43,813
- Total liabilities, end of year
- –
- Net assets, end of year
- $43,813
- Cash, savings and investments
- $41,244
- Gross receipts
- $4,127
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARGARET DUNBAR DEMAREE | PRESIDENT FOUNDER | 20 | $0 |
| ROBERT MCCLAIN | DIRECTOR | 2 | $0 |
| MARCIA J COLE MORTON | DIRECTOR | 1 | $0 |
| LEOLA ARNOLD | TREASURER | 1 | $0 |
| CJ SPILLMAN | DIRECTOR | 1 | $0 |
| R YOLANDA NUCKLES | VICE PRESIDENT | 2 | $0 |
| BRIDGET HOWELL | ASSISTANT TO CEO | 1 | $0 |
| ALOIS BADGER | HOSPICE REP | 1 | $0 |
990-EZ for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARGARET DUNBAR DEMAREE | PRESIDENT FOUNDER | 20 | $0 |
| ROBERT MCCLAIN | DIRECTOR | 2 | $0 |
| MARCIA J COLE MORTON | DIRECTOR | 1 | $0 |
| LEOLA ARNOLD | TREASURER | 1 | $0 |
| CJ SPILLMAN | DIRECTOR | 1 | $0 |
| R YOLANDA NUCKLES | VICE PRESIDENT | 2 | $0 |
| BRIDGET HOWELL | ASSISTANT TO CEO | 1 | $0 |
| ALOIS BADGER | HOSPICE REP | 1 | $0 |
990-EZ for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARGARET DUNBAR DEMAREE | PRESIDENT FOUNDER | 20 | $0 |
| ROBERT MCCLAIN | DIRECTOR | 2 | $0 |
| MARCIA J COLE MORTON | DIRECTOR | 1 | $0 |
| LEOLA ARNOLD | TREASURER | 1 | $0 |
| CJ SPILLMAN | DIRECTOR | 1 | $0 |
| R YOLANDA NUCKLES | VICE PRESIDENT | 2 | $0 |
| BRIDGET HOWELL | ASSISTANT TO CEO | 1 | $0 |
| ALOIS BADGER | HOSPICE REP | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 22561, LOUISVILLE, KY 40252-0561
- In care of
- % MARGARET DEMAREE
- Mailing address (990-N for 2021)
- P O Box 22561, Louisville KY 40252
- Principal officer (990-N for 2021)
- Margaret Dunbar-Demaree, 11301 Prince George Ct, Louisville KY 40241
- Signed the 990-EZ
- MARGARET DUNBARDEMAREE, PRESIDENT
- Phone
- (502) 500-0433
- Website
- 1plus1equalsu.com
- Return prepared by
- HIGHLANDS TAX & ACCOUNTING
Mission
SEE SCHEDULE O
Program accomplishments
- LEADERSHIP DEVELOPMENT, ENCOURAGING HIGHER LEARNING BY SPECIAL EVENTS SUCH AS SUMMER CAMP, TUTORING, AND PRESENTING COLLEGE FAIRS
- FED 25 FAMILIES FOR CHRISTMAS WITH FOOD BOXES
- AFTER SCHOOL TUTORING PROGRAM AND EDUCATIONAL FIELD TRIPS THIS WAS THRU THE BOYS AND GIRLS CLUB
- JUNE THRU THE END OF JULY SUMMER CAMP
- KEN CLAY RENAISSANCE MUSICIAN GUILD SHARING JAZZ WITH THE TEENS
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 26-0391261
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $43,813
- Income (IRS master file)
- $4,127
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $4,127 | $6,678 | $43,813 | XML |
| 990-EZ | December 2024 | $27,424 | $6,519 | $67,533 | XML |
| 990-EZ | December 2023 | $24,961 | – | $46,628 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Margaret Dunbar-Demaree | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
| 990-N for 2009 Officer: Margaret Dunbar-Demaree | December 31, 2009 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-0391261).
Questions about ONE PLUS ONE EQUALS U INC
- What is the EIN of ONE PLUS ONE EQUALS U INC?
- The employer identification number (EIN) of ONE PLUS ONE EQUALS U INC is 26-0391261.
- Is ONE PLUS ONE EQUALS U INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to ONE PLUS ONE EQUALS U INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ONE PLUS ONE EQUALS U INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of ONE PLUS ONE EQUALS U INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ONE PLUS ONE EQUALS U INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of ONE PLUS ONE EQUALS U INC?
- The 990-N for 2021 names Margaret Dunbar-Demaree.
- Who are the officers and directors of ONE PLUS ONE EQUALS U INC?
- The 990-EZ for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does ONE PLUS ONE EQUALS U INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $4,127, expenses of $6,678 and total assets of $43,813 at year end.
Other nonprofits in LOUISVILLE
- UNIVERSITY OF LOUISVILLE RESEARCH FOUNDATION INC EIN 61-1029626 · last filed 990 for 2025
- BELLARMINE UNIVERSITY EIN 61-0482955 · last filed 990 for 2025
- FAMILY INC EIN 46-1418469 · last filed 990 for 2025
- UNIVERSITY OF LOUISVILLE FOUNDATION INC EIN 23-7078461 · last filed 990 for 2025
- SPALDING UNIVERSITY EIN 61-0444780 · last filed 990 for 2025
- LOUISVILLE COLLEGIATE SCHOOL EIN 61-0449630 · last filed 990 for 2025
- CHRISTIAN ACADEMY OF LOUISVILLE INC EIN 61-0907309 · last filed 990 for 2025
- KENTUCKY COUNTRY DAY SCHOOL INC EIN 61-0731998 · last filed 990 for 2025