Civic Intelligence

Mertech Foundation Inc.

990EZ • Fiscal year 2024 • EIN 93-4207702

Jan 01, 2024 to Dec 31, 2024 • Filed on Feb 27, 2025

Organization Profile
12118 Sempione DrRichmond, TX 77406

(832) 908-5615

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

51st percentile

3.8%

Higher net margin than 51% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$3,178

No earlier filing loaded for comparison.

Net Assets

$3,179

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin51st percentile

Revenue

$84,754

No earlier filing loaded for comparison.

Expenses

$81,575

No earlier filing loaded for comparison.

Net Income

$3,179

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0K$3.0K$2.0K$1.0K$0Assets 2024: $3,178Net Assets 2024: $3,1792024Assets 2025: $1,699Liabilities 2025: $0Net Assets 2025: $1,6992025

Highlighted filing

2024

Assets$3,178
Liabilities-
Net Assets$3,179
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2024: $84,754Expenses 2024: $81,575Net Income 2024: $3,1792024Revenue 2025: $188,206Expenses 2025: $189,685Net Income 2025: -$1,4792025

Highlighted filing

2024

Revenue$84,754
Expenses$81,575
Net Income$3,179
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 27, 2025
Return Version
2024v5.0
Gross Receipts
$84,754
Mission and Program Overview

Mission

To support youth educational and religious program

Program Services

DescriptionGrantsExpenses
We awarded a total of $66,847 in grants, directly benefiting 20 individuals through scholarships, educational materials, and essential support services.$81,576-
We assisted a religious organization,furthering our mission of promoting faith-based education and community outreach$10,709-
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
OLUSHOLA OLATUJOYEPresidentPT$0--
DAMI ASHEBUDirector-$0--
LEONDRIA R THOMPSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Mertech Foundation Inc
EIN
93-4207702
Phone
8329085615
Address
12118 SEMPIONE DR, RICHMOND, TX 77406

Signing Officer

Name
Olushola Olatujoye
Title
President
Phone
8329085615
Signed
2025-02-27
Discuss with paid preparer
Yes

Preparer

Firm
Bmx Financial Services Inc
Address
6776 SOUTHWEST FWY 445, HOUSTON, TX 77074
Preparer
Omo E Akhile Ea
Phone
8327257089
Supplemental Narrative

Additional Explanations

Part I, line 16

“Description: GENERAL ADMINISTRATIVE COSTS Amount: 3119”

Part I, line 16

“Description: OPERATIONAL & LOGISTICS SUPPORT Amount: 560”

Part I, line 16

“Description: RELIGIOUS & CHARITABLE ACTIVITIES Amount: 10709”

Part I, line 16

“Description: SCHOLARSHIP & EDUCATION SUPPORT Amount: 66847”

Raw XML Appendix118 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0OLUSHOLA OLATUJOYE
IRS990EZ/BooksInCareOfDetail/PhoneNum08329081615
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt012118 SEMPIONE DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RICHMOND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077406
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03178
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt084754
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03179
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03178
IRS990EZ/GrossReceiptsAmt084754
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03179
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03178
IRS990EZ/OccupancyRentUtltsAndMaintAmt0340
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0OLUSHOLA OLATUJOYE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAMI ASHEBU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LEONDRIA R THOMPSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt081235
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPORT YOUTH EDUCATIONAL AND RELIGIOUS PROGRAM
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0We awarded a total of $66,847 in grants, directly benefiting 20 individuals through scholarships, educational materials, and essential support services.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1We assisted a religious organization,furthering our mission of promoting faith-based education and community outreach
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt081576
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt110709
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt081575
IRS990EZ/TotalRevenueAmt084754
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt084754
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt084754
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt084754
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt084754
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt084754
IRS990ScheduleA/TotalSupportAmt084754
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: GENERAL ADMINISTRATIVE COSTS Amount: 3119
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: OPERATIONAL & LOGISTICS SUPPORT Amount: 560
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: RELIGIOUS & CHARITABLE ACTIVITIES Amount: 10709
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: SCHOLARSHIP & EDUCATION SUPPORT Amount: 66847
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I, line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0OLUSHOLA OLATUJOYE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08329085615
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MERTECH FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MERT
ReturnHeader/Filer/EIN0934207702
ReturnHeader/Filer/PhoneNum08329085615
ReturnHeader/Filer/USAddress/AddressLine1Txt012118 SEMPIONE DR
ReturnHeader/Filer/USAddress/CityNm0RICHMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077406
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0844025172
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BMX FINANCIAL SERVICES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06776 SOUTHWEST FWY 445
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077074
ReturnHeader/PreparerPersonGrp/PhoneNum08327257089
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0OMO E AKHILE EA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-02-28T16:11:52-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,178
Liabilities
-
Net assets
$3,179
Revenue
$84,754
Expenses
$81,575
Net income
$3,179
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$1.88$1.90$0.01
2024Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.85$0.82$0.03