Nonprofit · EIN 87-1347985
1MT CARES
Tax-exempt · SAN ANTONIO, TX 78258
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $3,435 | $112,099 | -$108,664 | $98 | $500 | -$402 |
| December 31, 2024 | 990 | $807,658 | $890,895 | -$83,237 | $108,278 | $16 | $108,262 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $3,225
- Other revenue
- $210
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $103,814
- Printing, publications and postage
- $48
- Other expenses
- $8,237
- Program services (functional)
- $101,866
Balance sheet and other
- Total assets, start of year
- $108,278
- Total assets, end of year
- $98
- Total liabilities, end of year
- $500
- Net assets, end of year
- -$402
- Cash, savings and investments
- $98
- Gross receipts
- $3,435
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 |
|---|---|---|---|
| YEMI ASEKUN | PRESIDENT | 1 | $0 |
| ABBY ASKEKUN | DIRECTOR | 1 | $0 |
| IKE OYEWOLE | DIRECTOR | 1 | $0 |
| RIZMA BUTT | SECRETARY | 1 | $0 |
| HAKEEM SUBAIR | DIRECTOR | 1 | $0 |
| ERIC ZHANG | DIRECTOR | 1 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Yemi Asekun | President / Treasurer Trustee or director, Officer | 1 | $0 |
| Rizma Butt | Secretary Trustee or director, Officer | 1 | $0 |
| Ike Oyewole | Director Trustee or director | 1 | $0 |
| Hakeen Subair | Director Trustee or director | 1 | $0 |
| Abby Asekun | Director Trustee or director | 1 | $0 |
| Eric Zhang | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 18911 HARDY OAK BLVD, SAN ANTONIO, TX 78258-4967
- In care of
- % 1MT CARES
- Mailing address (990-N for 2021)
- 18911 HARDY OAK BLVD APT Suite 269, San Antonio TX 78258
- Principal officer (990-N for 2021)
- Abby Asekun, 18911 HARDY OAK BLVD Room/Suite STE, SAN ANTONIO TX 78258
- Signed the 990-EZ
- ABBY ASKEKUN, DIRECTOR
- Phone
- (210) 695-0592
- Website
- https//www.1mtcares.org/
- Return prepared by
- FOUNDATION GROUP INC
Mission
EMPOWERING EDUCATORS THROUGH GLOBAL LEARNING AND OPPORTUNITY.
Program accomplishments
- PROVIDE TEACHER TRAINING, MENTORSHIP, AND PROFESSIONAL DEVELOPMENT FOR EDUCATORS IN UNDER-RESOURCED COMMUNITIES, STRENGTHENING TEACHING CAPACITY AND EXPANDING EDUCATIONAL OPPORTUNITIES.Expenses $101,866
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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-1347985
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $98
- Income (IRS master file)
- $3,435
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $3,435 | $112,099 | $98 | XML |
| 990 | December 2024 | $807,658 | $890,895 | $108,278 | IRS |
| 990 | December 2023 | $371,319 | $315,141 | $191,499 | IRS |
| 990 | December 2022 | $470,300 | $334,979 | $135,321 | IRS |
| 990-N for 2021 Officer: Abby Asekun | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
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 1MT CARES
- What is the EIN of 1MT CARES?
- The employer identification number (EIN) of 1MT CARES is 87-1347985.
- Is 1MT CARES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to 1MT CARES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 1MT CARES file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of 1MT CARES 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 1MT CARES 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 1MT CARES?
- The 990-N for 2021 names Abby Asekun.
- Who are the officers and directors of 1MT CARES?
- The 990-EZ for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does 1MT CARES have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $3,435, expenses of $112,099 and total assets of $98 at year end.
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