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Filing year 2024

THE 1040 INITIATIVE INC

Norman, Oklahoma·EIN 27-0659329·NTEE P20 · Human Services·501(c)(3)
Total revenue
$713k
Total assets
$1.4M
Total expenses
$1.4M
Reported officers
5
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

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Human Services organizations nationwide.

President
Board President
75th to 90th percentile
$73k
$78k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE 1040 INITIATIVE INC equaled 5% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2024)
5%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE 1040 INITIATIVE INC

What does the Board President of THE 1040 INITIATIVE INC earn?

In 2024, the Board President of THE 1040 INITIATIVE INC received $73,165 in total compensation. This pay is in the top quarter for Board President roles among Human Services organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board President pay at THE 1040 INITIATIVE INC compare with similar nonprofits?

Compared with the same role at Human Services organizations nationwide, the 2024 pay of the Board President at THE 1040 INITIATIVE INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at THE 1040 INITIATIVE INC equaled 5% of the organization's total expenses. The median for human services organizations is 8%.

What are THE 1040 INITIATIVE INC's revenue and expenses?

In 2024, THE 1040 INITIATIVE INC reported $713k in total revenue and $1.4M in total expenses on its IRS Form 990.

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