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Nonprofit · EIN 47-4115154

I AM ABEL FOUNDATION

Tax-exempt · FLOSSMOOR, IL 60422

Financials

$445K$423K2023$1M$484K2024$807K$722K2025
Revenue Expenses · by fiscal year end
Financials of I AM ABEL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$806,870$721,920$84,950$785,934$37,692$748,242
December 31, 2024990$1,029,257$483,702$545,555$673,980$10,688$663,292
December 31, 2023990$445,467$423,021$22,446$133,150$0$133,150
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$806,870
of which government grants
$50,000
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$176,327
Salaries, compensation and benefits (total)
$176,327
Professional fundraising fees
$0
Program services (functional)
$721,920

Balance sheet and other

Total assets, start of year
$673,980
Total assets, end of year
$785,934
Total liabilities, end of year
$37,692
Net assets, end of year
$748,242
Land, buildings and equipment
$5,477
Gross receipts
$806,870
Employees
0
Volunteers
30
Year formed
2015
State of legal domicile
IL

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 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Cornelius ConwayExecutive Director / Treasurer
Trustee or director, Officer
–$76,545
Dr L ConwayPresident
Officer
20$0
Trena BurkeSecretary
Officer
10$0
990 for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
Dr L ConwayPresident
Officer
20$0
Trena BurkeSecretary
Officer
10$0
Jamain JenkinsTreasurer
Officer
5$0
Revita PowellFoundation Manager
Trustee or director
20$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Revita PowellFoundation Manager
Trustee or director
20$25,650
Dr L ConwayPresident
Officer
20$0
Trena BurkeSecretary
Officer
10$0
Colette Blake-SmitjTreasurer
Officer
5$0

Address and contacts

Address (IRS master file)
3721 LISMORE ST, FLOSSMOOR, IL 60422-4313
Mailing address (990-N for 2017)
3721 LISEMORE, FLOSSMOOR IL 60422
Principal officer (990 for 2025)
LaMenta Conway, 56 E 47th St Ste 400, Chicago, IL 60653
Principal officer (990-N for 2017)
Lamenta Conway, 3721 LISEMORE, FLOSSMOOR IL 60422
Signed the 990
Dr LaMenta Conway, President
Phone
(800) 600-6959
Return prepared by
Stephen A Betts & Associates

Mission

Preparing future physicians and physician scientist to advance equitable healthcare access.

990 for the year ended December 31, 2025

Program accomplishments

  • Corporate and sponsorship contribuitons we received allowed the Foundation to pay one of our Board Members to serve as Media Event Manager. Also, with the same donations received, the Foundation was able to bring former mentees/students that had successfully completed the program to serve as MCAT Instructors, Coaches, and Tutors.
    Expenses $721,920 · revenue $806,870
  • N/A0
  • N/A0

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-4115154
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$785,934
Income (IRS master file)
$806,870

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$806,870$721,920$785,934XML
990December 2024$1,029,257$483,702$673,980XML
990December 2023$445,467$423,021$133,150XML
990December 2022$254,197$273,954$56,056IRS
990December 2021–––IRS
990-N for 2017
Officer: Lamenta Conway
December 31, 2017≤ $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 47-4115154).

Questions about I AM ABEL FOUNDATION

What is the EIN of I AM ABEL FOUNDATION?
The employer identification number (EIN) of I AM ABEL FOUNDATION is 47-4115154.
Is I AM ABEL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to I AM ABEL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does I AM ABEL FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of I AM ABEL FOUNDATION 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 I AM ABEL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of I AM ABEL FOUNDATION?
The 990 for the year ended December 31, 2025 names LaMenta Conway.
Who are the officers and directors of I AM ABEL FOUNDATION?
The 990 for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $76,545 (Cornelius Conway, Executive Director / Treasurer).
How much revenue does I AM ABEL FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $806,870, expenses of $721,920 and total assets of $785,934 at year end.

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