Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
More Initiative Corp
EIN 88-2077432 • 501(c)3 • Catonsville, MD
Pub. 78 Eligible990-N CoverageNTEE B90
Profile
To establish and oversee schooling environments where students can be educated in entrepreneurially based academic programs
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.22x
Liabilities / Revenue
84th percentile
Higher debt load relative to revenue than 84% of similar nonprofits.
Net Margin
86th percentile
Higher net margin than 86% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$47,740
No earlier filing loaded for comparison.
Liabilities
$10,628
No earlier filing loaded for comparison.
Net Assets
$37,112
No earlier filing loaded for comparison.
Revenue
$65,557
No earlier filing loaded for comparison.
Expenses
$28,445
No earlier filing loaded for comparison.
Net Income
$37,112
No earlier filing loaded for comparison.
Trend Graphs
Filings
Most recent year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $47,740
- Liabilities
- $10,628
- Net assets
- $37,112
- Revenue
- $65,557
- Expenses
- $28,445
- Net income
- $37,112
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Feb 17, 2025
- Return Version
- 2022v5.0
- Gross Receipts
- $65,557
Mission and Program Overview
Mission
To establish and oversee schooling environments where students can be educated in entrepreneurially based academic programs
Program Services
| Description | Grants | Expenses |
|---|---|---|
| ESTABLISH AND OVERSEE SCHOOLING ENVIRONMENTS WHERE STUDENTS CAN BE EDUCATED IN ENTREPRENEURIALLY BASED ACADEMIC PROGRAMS | - | $24,930 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KORENE SENIOR | President | - | $0 | - | - |
| DARLENE SELLERS | Vice President | - | $0 | - | - |
| ERICA JOHNSON | Treasurer | - | $0 | - | - |
| JOHN SENIOR | Secretary | - | $0 | - | - |
| CARVEL ALLEN | Trustee | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- MORE Initiative Corp
- EIN
- 88-2077432
- Phone
- 4433153276
- Address
- 1001 Frederick Rd 3175, Catonsville, MD 21228
Signing Officer
- Name
- Korene Senior
- Title
- President
- Signed
- 2025-02-17
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Abrams Foster Nole & Williams Pa
- Address
- 2 Hamill Rd Suite 241 West Quadrang, Baltimore, MD 21210
- Preparer
- Gerald Abrams
- Phone
- 4104336830
Supplemental Narrative
Additional Explanations
Other Expenses.1002
“Office Expenses $2107”
Other Expenses.1007
“Conferences, Conventions, and Meetings $287”
Other Expenses.1010
“Amortization $237”
Other Expenses.1
“CONTRACTORS $11745”
Other Expenses.2
“FIELD TRIPS $2630”
Other Expenses.3
“SCHOOL SUPPLIES $2553”
Other Expenses.4
“Dues & subscriptions $814”
Other Expenses.5
“CONTRIBUTIONS $500”
Other Expenses.6
“LICENSE & PERMITS $425”
Other Expenses.7
“UNIFORMS $419”
Other Expenses.8
“Telephone and internet $300”
Other Expenses.9
“Meals and entertainment $250”
Other Expenses.11
“AUTO EXPENSE $178”
Other Assets.1005
“Accounts Receivable - Beginning $0 Accounts Receivable - Ending $1273”
Other Assets.1012
“Intangible Assets - Beginning $0 Intangible Assets - Ending $2135”
Total Liabilities.1006
“Payable to Officers, Directors, Etc. - Beginning $0 Payable to Officers, Directors, Etc. - Ending $10628”
Raw XML Appendix163 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Korene Senior |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4433153276 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 340 Stratford Road |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Catonsville |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 21228 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 44332 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 54475 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 37112 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4014 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 47740 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 65557 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitialReturnInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 37112 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 37112 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 1790 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KORENE SENIOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DARLENE SELLERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ERICA JOHNSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JOHN SENIOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | CARVEL ALLEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Trustee |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 3408 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 22445 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO ESTABLISH AND OVERSEE SCHOOLING ENVIRONMENTS WHERE STUDENTS CAN BE EDUCATED IN ENTREPRENEURIALLY BASED ACADEMIC PROGRAMS |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 196 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 11082 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | ESTABLISH AND OVERSEE SCHOOLING ENVIRONMENTS WHERE STUDENTS CAN BE EDUCATED IN ENTREPRENEURIALLY BASED ACADEMIC PROGRAMS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 24930 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 10628 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 28445 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 24930 |
| IRS990EZ/TotalRevenueAmt | 0 | 65557 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 54475 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 54475 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 54475 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 54475 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 54475 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 54475 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Office Expenses $2107 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Conferences, Conventions, and Meetings $287 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Amortization $237 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CONTRACTORS $11745 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | FIELD TRIPS $2630 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | SCHOOL SUPPLIES $2553 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | DUES & SUBSCRIPTIONS $814 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | CONTRIBUTIONS $500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | LICENSE & PERMITS $425 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | UNIFORMS $419 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | TELEPHONE AND INTERNET $300 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | MEALS AND ENTERTAINMENT $250 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | AUTO EXPENSE $178 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Accounts Receivable - Beginning $0 Accounts Receivable - Ending $1273 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Intangible Assets - Beginning $0 Intangible Assets - Ending $2135 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Payable to Officers, Directors, Etc. - Beginning $0 Payable to Officers, Directors, Etc. - Ending $10628 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1007 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1010 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Expenses.9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Other Expenses.11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Other Assets.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Total Liabilities.1006 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KORENE SENIOR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-02-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MORE Initiative Corp |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MORE |
| ReturnHeader/Filer/EIN | 0 | 882077432 |
| ReturnHeader/Filer/PhoneNum | 0 | 4433153276 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1001 Frederick Rd 3175 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Catonsville |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 21228 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 521854049 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ABRAMS FOSTER NOLE & WILLIAMS PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2 Hamill Rd Suite 241 West Quadrang |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Baltimore |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 21210 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4104336830 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GERALD ABRAMS |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2025-02-17T10:05:31-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
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