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Nonprofit · EIN 47-3468970

ONE CENT FOUNDATION

Tax-exempt · HOUSTON, TX 77024

Financials

$2K$2K2023$2K$2K2024$0$02025
Revenue Expenses · by fiscal year end
Financials of ONE CENT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2026990-PF$0$0$0$258$0$258
May 31, 2025990-PF$2,050$2,050$0$258$0$258
May 31, 2024990-PF$2,050$2,050$0$258$0$258
Financial details: 990-PF for the year ended May 31, 2026

Revenue

Expenses

Grants and similar amounts paid
$0

Balance sheet and other

Total assets, start of year
$258
Total assets, end of year
$258
Total liabilities, end of year
$0
Net assets, end of year
$258
Fair market value of assets
$258

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-PF for the year ended May 31, 2026, highest compensation first.

NameTitleHours / weekCompensation
Bilal Aquil
6104 Community Dr, Houston, TX 77005
Director, Sec & Treasurer5$0
Anfernee D Hardaway
c/o 1 Cent Mgmt Inc 710 N Post Oak, Houston, TX 77024
Director; President20$0
990-PF for the year ended May 31, 2025: 2 people
NameTitleHours / weekCompensation
Bilal Aquil
6104 Community Dr, Houston, TX 77005
Director, Sec & Treasurer5$0
Anfernee D Hardaway
c/o 1 Cent Mgmt Inc 710 N Post Oak, Houston, TX 77024
Director; President20$0
990-PF for the year ended May 31, 2024: 2 people
NameTitleHours / weekCompensation
Bilal Aquil
6104 Community Dr, Houston, TX 77005
Director, Sec & Treasurer5$0
Anfernee D Hardaway
c/o 1 Cent Mgmt Inc 710 N Post Oak, Houston, TX 77024
Director; President20$0

Address and contacts

Address (IRS master file)
710 N POST OAK RD, HOUSTON, TX 77024-3840
In care of
% SANTIFF ENTERPRISES
Signed the 990-PF
Bilal Aquil, Director
Phone
(832) 582-6262
Return prepared by
Santiff Enterprises

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026990-PF on file
2024May 31, 2025October 15, 2025990-PF on file
2023May 31, 2024October 15, 2024990-PF on file

IRS record

EIN
47-3468970
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2016
Accounting year ends
May
Files
Form 990-PF
Assets (IRS master file)
$258
Income (IRS master file)
$1

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFMay 2026–––IRS
990-PFMay 2025–––IRS
990-PFMay 2024$2,050$2,050$258IRS
990-PFMay 2023–––IRS
990-PFMay 2022–––IRS
990-PFMay 2021–––IRS
990-PFMay 2019–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about ONE CENT FOUNDATION

What is the EIN of ONE CENT FOUNDATION?
The employer identification number (EIN) of ONE CENT FOUNDATION is 47-3468970.
Is ONE CENT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to ONE CENT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does ONE CENT FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ONE CENT FOUNDATION due?
The return for tax year 2026 (the year ending May 31, 2027) is due October 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ONE CENT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended May 2026.
Who are the officers and directors of ONE CENT FOUNDATION?
The 990-PF for the year ended May 31, 2026 lists 2 people; 0 received compensation from the organization.
How much revenue does ONE CENT FOUNDATION have?
On its 990-PF for the year ended May 31, 2026 it reported revenue of $0, expenses of $0 and total assets of $258 at year end.

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