Nonprofit · EIN 47-5527163
MTM FOUNDATION
Tax-exempt (reinstated) · BALTIMORE, MD 21206
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $593,884 | $565,259 | $28,625 | $82,088 | $3,731 | $78,357 |
| December 31, 2023 | 990 | $439,776 | $435,390 | $4,386 | $60,281 | $8,306 | $51,975 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $593,884
- of which government grants
- $593,884
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $175,441
- Salaries, compensation and benefits (total)
- $175,441
- Professional fundraising fees
- $0
- Occupancy
- $1,613
- Travel
- $90,801
- Depreciation
- $573
- Program services (functional)
- $217,426
- Management and general (functional)
- $347,833
Balance sheet and other
- Total assets, start of year
- $79,290
- Total assets, end of year
- $82,088
- Total liabilities, end of year
- $3,731
- Net assets, end of year
- $78,357
- Net assets without donor restrictions
- $78,357
- Gross receipts
- $593,884
- Employees
- 5
- Year formed
- 2015
- State of legal domicile
- MD
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES HENDERSON Sr | PRESIDENT Highest-paid employee | 30 | $30,800 |
| NICHOLAS MYLES | YOUTH ADVOCATE Key employee | 0 | $10,800 |
| SHARISSE JOHNSON | ADMIN ASSISTANT OF THE BOARD Officer | 0 | $8,000 |
| PRISCILLA GREEN | DIRECTOR OF YOUTH ENGAGEMENT Key employee | 0 | $8,000 |
| JETERA LONG | ASSISTANT DIRECTOR OF YOUTH ENGAGEM Key employee | 0 | $4,800 |
| KURK GADDY | YOUTH ADVOCATE Key employee | 0 | $4,000 |
| CURTIS HENDERSON | VICE CHARIMAN OF THE BOARD Officer | 1 | $1,500 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHARISSE JOHNSON | ADMIN ASSISTANT OF THE BOARD Officer | 0 | $0 |
| CURTIS HENDERSON | VICE CHARIMAN OF THE BOARD Officer | 1 | $0 |
| KIRK GADDY | YOUTH ADVOCATE Key employee | 0 | $0 |
| NICHOLAS MYLES | YOUTH ADVOCATE Key employee | 0 | $0 |
| ANESIA CAMPBELL | ASSISTANT DIRECTOR OF YOUTH E Key employee | 0 | $0 |
| KEITH DOCKINS | DIRECTOR OF YOUTH ENGAGEMENT Key employee | 0 | $0 |
| JAMES HENDERSON Sr | PRESIDENT Highest-paid employee | 30 | $0 |
Address and contacts
- Address (IRS master file)
- 6502 BELAIR RD UNIT 18935, BALTIMORE, MD 21206-8521
- In care of
- % JAMES HENDERSON SR
- Signed the 990
- JAMES HENDERSON SR, CEO
- Phone
- (443) 768-6939
- Website
- www.mtmcollegetours.org
- 990-N for 2017 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: James Henderson, 6806 Highview Ave, Baltimore MD 21206. Mailing address: 6502 Belair Road unit 18935, Baltimore MD 21206.
- Return prepared by
- MJ Tax & Accounting
Mission
To provide an interractive and comprehensive professional development program that guide youth down the pathways of college and entreprenurship, while providing essential tools to create generational wealth.
Program accomplishments
- MTM Foundation provided an aggregate of 6,480 hour of service to more than 60 scholars during our summer program with a grant from Baltimore Children Youth Fund. Fifty scholars participated in our CEO Club where they engaged with our professional Youth Advocates to learn how to start and effectively run a small business. The Foundation provided grant services to Behavioral Health Systems Baltimore to service 60 youth during our after-school program called Project Toward No Drug. We implemented this program into two local high schools and citywide (St. Frances Academy and CO Academy. We provided 11,520 of service hours guiding youth down the pathway of college and no drugs. We received a grant to support our Entrepeneuship and college readiness program to exoand our service throughout Baltimore from Family League of Baltimore. The funds supported 45 scholars and covered their Historically Black Colleges and Universities (HBCU) college tour including lodging, culinary, transportation, clothing/shirts and snacks. The college tour was a hugh success as 74 scholars over the course of all program were accepted ino college. We recorded over 30 new businesses were registered with the State of Maryland.Expenses $217,426 · grants $217,426
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-5527163
- 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
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $82,088
- Income (IRS master file)
- $593,884
Revocation and reinstatement
- Exemption revoked
- May 15, 2023
- Posted by the IRS
- March 15, 2025
- Reinstated
- Effective May 15, 2023
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $593,884 | $565,259 | $82,088 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $439,776 | $435,390 | $60,281 | IRS |
| 990-T | December 2023 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-N for 2017 Officer: James Henderson Filed under this EIN, most likely by a chapter or affiliate | 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 47-5527163).
Questions about MTM FOUNDATION
- What is the EIN of MTM FOUNDATION?
- The employer identification number (EIN) of MTM FOUNDATION is 47-5527163.
- Is MTM FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective May 15, 2023.
- Are donations to MTM FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MTM 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 MTM FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MTM FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of MTM FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 7 people; 7 received compensation from the organization, the highest $30,800 (JAMES HENDERSON Sr, PRESIDENT).
- How much revenue does MTM FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $593,884, expenses of $565,259 and total assets of $82,088 at year end.
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