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Nonprofit · EIN 88-2077432

MORE INITIATIVE CORP

Tax-exempt · CATONSVILLE, MD 21228

Financials

$66K$28K2022
Revenue Expenses · by fiscal year end
Financials of MORE INITIATIVE CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2022990-EZ$65,557$28,445$37,112$47,740$10,628$37,112
Financial details: 990-EZ for the year ended December 31, 2022

Revenue

Contributions, gifts and grants
$54,475
Program service revenue
$11,082

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$4,014
Occupancy
$1,790
Printing, publications and postage
$196
Other expenses
$22,445
Program services (functional)
$24,930

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$47,740
Total liabilities, end of year
$10,628
Net assets, end of year
$37,112
Cash, savings and investments
$44,332
Gross receipts
$65,557

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, 2022, highest compensation first.

NameTitleHours / weekCompensation
KORENE SENIORPresident1$0
DARLENE SELLERSVice President1$0
ERICA JOHNSONTreasurer1$0
JOHN SENIORSecretary1$0
CARVEL ALLENTrustee1$0

Address and contacts

Address (IRS master file)
1001 FREDERICK RD UNIT 3175, CATONSVILLE, MD 21228-7503
In care of
% KORENE SENIOR
Mailing address (990-N for 2025)
1001 FREDERICK RD UNIT 3175, CATONSVILLE MD 21228
Principal officer (990-N for 2025)
Korene Senior, 1001 FREDERICK RD, UNIT 3175, CATONSVILLE MD 21228
Signed the 990-EZ
KORENE SENIOR, President
Phone
(443) 315-3276
Return prepared by
ABRAMS FOSTER NOLE & WILLIAMS PA

Mission

TO ESTABLISH AND OVERSEE SCHOOLING ENVIRONMENTS WHERE STUDENTS CAN BE EDUCATED IN ENTREPRENEURIALLY BASED ACADEMIC PROGRAMS

990-EZ for the year ended December 31, 2022

Program accomplishments

  • ESTABLISH AND OVERSEE SCHOOLING ENVIRONMENTS WHERE STUDENTS CAN BE EDUCATED IN ENTREPRENEURIALLY BASED ACADEMIC PROGRAMS
    Expenses $24,930

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
88-2077432
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B90)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Korene Senior
December 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2024
Officer: Korene Senior
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2022$65,557$28,445$47,740XML

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 88-2077432).

Questions about MORE INITIATIVE CORP

What is the EIN of MORE INITIATIVE CORP?
The employer identification number (EIN) of MORE INITIATIVE CORP is 88-2077432.
Is MORE INITIATIVE CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to MORE INITIATIVE CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MORE INITIATIVE CORP file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of MORE INITIATIVE CORP 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 MORE INITIATIVE CORP last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of MORE INITIATIVE CORP?
The 990-N for 2025 names Korene Senior.
Who are the officers and directors of MORE INITIATIVE CORP?
The 990-EZ for the year ended December 31, 2022 lists 5 people; 0 received compensation from the organization.
How much revenue does MORE INITIATIVE CORP have?
On its 990-EZ for the year ended December 31, 2022 it reported revenue of $65,557, expenses of $28,445 and total assets of $47,740 at year end.

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