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Texas · Nonprofit

MT28 INC

MT28 INC (Texas) receives grants from 4 organizations whose IRS filings report $30,332 to it, the largest being LANTING FOUNDATION ($15,000). 2 of them have funded it in more than one year.

Revenue FY2025
$257k
Funders on record
4
Grants received
$30k
Net assets
$80k
2/4 repeat funderspeak grant-dependency 0%
01What it does

What Mt28 Inc does

Mission

The purposes for which MT28, Inc is organized are exclusively for religious, charitable, and educational purposes within the meaning of the Internal Revenue Service Code, Section 501(c)(3), and the Texas Tax Code, Section 11.18, and consist of the following: (1) To develop Christlike disciples who can disciple others in order to impact the student community and the world with the light and love of Jesus Christ; (2) To provide home-based environments in which students can experience true Christian community of love, service, and support; (3) To support, financially and in other ways, the ongoing work of the Church overseas; and (4) To support or conduct any other religious, charitable or educational functions within the meaning of the Internal Revenue Service Code, Section 501(c)(3), and the Texas Tax Code, Section 11.18. There are two primary areas of program service: Gospel in Turkey and Refugee Relief. College Ministry/Discipleship is an additional ad hoc program service.

As stated on its FY2025 Form 990.

Programs

On its FY2025 return the organization reported starting a significant new program.

South Asia Ministry. Financial assistance for Christian outreach events and tangible assistance to the poor, such as clothing and food. Help was also provided in this region to construct a government-mandated building in 2020.

Its own explanation, from Schedule O of that return (Part III, line 2).

  1. GOSPEL IN TURKEY. Spreading the Christian gospel in Turkey includes general support for building rent and utilities. The church foundation with whom MT28 Inc interacts now owns two buildings, but it rents buildings in nine cities/villages in the region for church plants. MT28 Inc helps provide the salaries for the growing staff of young pastors servicing these church plants, plus fuel and vehicle insurance to enable pastors to visit and guide these young churches as well as house churches in the outlying villages. MT28 Inc helps provide Bibles and other Christian materials including printed materials and video DVDs. Fifty to sixty visitors come by the church daily to avail themselves of these materials. Additionally, MT28 Inc helps support through equipment and direct and indirect costs of recording and online streaming of Sunday church services, including the sermons. Funds from MT28 Inc also purchase newspaper ads and support ministry to prisoners and staff at prisons within the region.

    $204,910 spentof which $204,910 as grants
    81% of program spending
  2. REFUGEE RELIEF. MT28 Inc provides a broad range of refugee relief in several areas of Turkey. Recipients still include displaced families and individuals from Iraq and Syria as a result of armed conflict plus Afghans who fled the Taliban. Additionally, there is a continuous influx of political and religious refugees from Iran, Iraq, Afghanistan, Azerbaijan, & Syria. They are asylum seekers registered with the United Nations for relocation to other countries, but while they wait, they have very few resources and minimal opportunities to support themselves or their families. MT28 Inc provides funds for food cards, medicines, baby supplies, mattresses, blankets, and heating stoves and coal to help them survive the cold winter months in most of Turkey. Additionally, MT28 Inc provides funds for back-to-school materials, uniforms, shoes, and winter coats for children of refugees. MT28 assisted approximately 2000 people in over 350 families through 10 strategic locations in the Black Sea region. All assistance is provided with no strings attached; however, through this effort, and with the gospel materials provided, many have experienced genuine caring, and have accepted the Christian…

    $45,911 spentof which $45,911 as grants
    18% of program spending
  3. SOUTH ASIA MINISTRY: Financial assistance for Christian outreach events and tangible assistance to the poor, such as clothing and food.

    $3,430 spentof which $3,430 as grants
    1% of program spending
  4. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $254,251.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($179k) Expenses 100 ($180k) Net assets 100 ($57k)2021 Revenue 114 ($203k) Expenses 110 ($197k) Net assets 111 ($63k)2022 Revenue 114 ($203k) Expenses 108 ($194k) Net assets 127 ($72k)2023 Revenue 123 ($220k) Expenses 129 ($233k) Net assets 105 ($59k)2024 Revenue 153 ($274k) Expenses 141 ($254k) Net assets 139 ($79k)2025 Revenue 144 ($257k) Expenses 142 ($256k) Net assets 141 ($80k)
202020212022202320242025
Revenue (144)Expenses (142)Net assets (141)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $60k to $79k (+33%).

$57k
$63k
$72k
$60k
$79k
$80k
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of MT28 INC’s revenue is contributions — more donation-reliant than the typical peer (100% for the typical peer).

This organization
Typical peer · 15,288 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

−$2k
’20
$6k
’21
$9k
’22
−$13k
’23
$19k
’24
$1k
’25
3.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Gregory E Riggs

Director / Board Secretary / Chief Executive Officer

Board chair

Laura Hitt

Director / Board of Directors Chairperson

As listed on its FY2025 Form 990.

20212022202320242025
Listed77777
Joined·+0+1+0+0
No longer listed·0100
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $13k → $66.

Funder
'17
'18
'20
'21
'22
'23
'25*
total
funders
2
1
1
1
1
1
1

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 34% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MT28 INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MT28 INC leans on a few funders — its largest provides 49% of grant income and the top three 99%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

34% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MT28 INC.

49%
largest funder
99%
top three
~3
effective funders

Largest funder’s share by year: 2017 60% · 2018 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

MT28 INC draws 100% of its grant income from funders outside Texas, across 2 states in all.

MI
AZ

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MT28 INC has grown faster than half of the 7,334 religion nonprofits its size.

Operating margin0% · below the median
Months of reserve3.5mo · below the median
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 7,334 religion nonprofits $100k–$1M, FY2025

Organizations like MT28 INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

99% of spending goes to programs.

Program 99%Management 1%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

77%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for MT28 INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MT28 INC?
MT28 INC (Texas) receives grants from 4 organizations whose IRS filings report $30,332 to it, the largest being LANTING FOUNDATION ($15,000). 2 of them have funded it in more than one year.
How many funders does MT28 INC have?
IRS filings report 4 organizations giving $30,332 in grants to MT28 INC, 2 of which have funded it in more than one year.
Who is the largest funder of MT28 INC?
LANTING FOUNDATION is the largest funder on record, with $15,000 in grants. The full list of funders is on this page.
How can an organization like MT28 INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Mt28 →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing