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Nonprofit · EIN 47-5527163

MTM FOUNDATION

Tax-exempt (reinstated) · BALTIMORE, MD 21206

Financials

$440K$435K2023$594K$565K2024
Revenue Expenses · by fiscal year end
Financials of MTM FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$593,884$565,259$28,625$82,088$3,731$78,357
December 31, 2023990$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.

NameTitleHours / weekCompensation
JAMES HENDERSON SrPRESIDENT
Highest-paid employee
30$30,800
NICHOLAS MYLESYOUTH ADVOCATE
Key employee
0$10,800
SHARISSE JOHNSONADMIN ASSISTANT OF THE BOARD
Officer
0$8,000
PRISCILLA GREENDIRECTOR OF YOUTH ENGAGEMENT
Key employee
0$8,000
JETERA LONGASSISTANT DIRECTOR OF YOUTH ENGAGEM
Key employee
0$4,800
KURK GADDYYOUTH ADVOCATE
Key employee
0$4,000
CURTIS HENDERSONVICE CHARIMAN OF THE BOARD
Officer
1$1,500
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
SHARISSE JOHNSONADMIN ASSISTANT OF THE BOARD
Officer
0$0
CURTIS HENDERSONVICE CHARIMAN OF THE BOARD
Officer
1$0
KIRK GADDYYOUTH ADVOCATE
Key employee
0$0
NICHOLAS MYLESYOUTH ADVOCATE
Key employee
0$0
ANESIA CAMPBELLASSISTANT DIRECTOR OF YOUTH E
Key employee
0$0
KEITH DOCKINSDIRECTOR OF YOUTH ENGAGEMENT
Key employee
0$0
JAMES HENDERSON SrPRESIDENT
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
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.

990 for the year ended December 31, 2024

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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
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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$593,884$565,259$82,088IRS
990-TDecember 2024–––IRS
990December 2023$439,776$435,390$60,281IRS
990-TDecember 2023–––IRS
990-TDecember 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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