Public Charity

THE 1040 INITIATIVE INC

THE 1040 INITIATIVE INC, of NORMAN, OK, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $713K in revenue, $1.4M in expenses, $1.4M in total assets. 7 publicly reported grants to this organization, totaling roughly $60K, appear in IRS filings.

EIN: 270659329 NORMAN, OK Latest filing: 2024
Total Revenue$713K
Total Expenses$1.4M
Total Assets$1.4M
Grant Records7
Funding Total$60K
Filing Years2020–2024

Mission

THE VISION OF 1040I IS TO TRANSFORM THE LIVES OF PEOPLE IN NEED BY FIGHTING PAIN AND SUFFERING IN THE MOST ISOLATED ON OUR GLOBE. THE PRIMARY FOCUS IS CENTERED ON HEALTH AND EDUCATION NEEDS BETWEEN 10 DEGREES AND 40 DEGREES NORTH OF THE EQUATOR SPANNING ACROSS NORTH AFRICA

Officers & Directors

BOARD MEMBER Blaine Rogers
SECRETARY Joe Vanbreeman
PRESIDENT Mike Cousineau
VICE PRESIDENT Rob Garibay
BOARD MEMBER Tim Roland

Officer compensation and complete director data available with membership.

Top Grant Purposes

HUMAN SERVICES
$37,600 3 grants
Health & Human Services
$10,000 1 grant
GENERAL SUPPORT
$6,482 1 grant
HEALTH & HUMAN SERVICES
$5,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $713K $1.4M $1.4M
2023 $119K $580K $784K
2022 $459K $563K $1.2M
2021 $613K $573K $1.1M
2020 $493K $459K $1.1M

Between 2020 and 2024, reported annual revenue grew from $493K to $713K (+45%), with total assets most recently reported at $1.4M.

Interactive year-over-year charts and full filing details available with membership.

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