<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2023v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2024-05-08T10:08:35-04:00</ReturnTs>
    <TaxPeriodEndDt>2023-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>823116843</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>SCOTT CORNELIUS CPA PC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>211 W LEXINGTON AVE STE 106</AddressLine1Txt>
        <CityNm>HIGH POINT</CityNm>
        <StateAbbreviationCd>NC</StateAbbreviationCd>
        <ZIPCd>27262</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990EZ</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>464420766</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE 514 INITIATIVE</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>514I</BusinessNameControlTxt>
      <PhoneNum>3363105140</PhoneNum>
      <USAddress>
        <AddressLine1Txt>5572 GARDEN VILLAGE WAY</AddressLine1Txt>
        <CityNm>GREENSBORO</CityNm>
        <StateAbbreviationCd>NC</StateAbbreviationCd>
        <ZIPCd>27410</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>JIMMY RENSLOW</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>3363105140</PhoneNum>
      <SignatureDt>2024-05-15</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>JIMMY</PersonFirstNm>
        <PersonLastNm>RENSLOW</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>false</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>SCOTT CORNELIUS CPA</PreparerPersonNm>
      <PTIN>P00645659</PTIN>
      <PhoneNum>3368855100</PhoneNum>
      <PreparationDt>2024-05-06</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2023</TaxYr>
    <BuildTS>2023-04-26 12:10:37Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="3">
    <IRS990EZ documentId="RetDoc1" referenceDocumentId="RetDoc2">
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
      <WebsiteAddressTxt>WWW.THE514I.COM</WebsiteAddressTxt>
      <Organization501c3Ind referenceDocumentId="RetDoc3">X</Organization501c3Ind>
      <TypeOfOrganizationCorpInd>X</TypeOfOrganizationCorpInd>
      <GrossReceiptsAmt>97948</GrossReceiptsAmt>
      <InfoInScheduleOPartIInd>X</InfoInScheduleOPartIInd>
      <ContributionsGiftsGrantsEtcAmt>97789</ContributionsGiftsGrantsEtcAmt>
      <InvestmentIncomeAmt>159</InvestmentIncomeAmt>
      <TotalRevenueAmt>97948</TotalRevenueAmt>
      <SalariesOtherCompEmplBnftAmt>89191</SalariesOtherCompEmplBnftAmt>
      <FeesAndOtherPymtToIndCntrctAmt>1801</FeesAndOtherPymtToIndCntrctAmt>
      <OtherExpensesTotalAmt>26910</OtherExpensesTotalAmt>
      <TotalExpensesAmt>117902</TotalExpensesAmt>
      <ExcessOrDeficitForYearAmt>-19954</ExcessOrDeficitForYearAmt>
      <NetAssetsOrFundBalancesBOYAmt>74924</NetAssetsOrFundBalancesBOYAmt>
      <NetAssetsOrFundBalancesEOYAmt>54970</NetAssetsOrFundBalancesEOYAmt>
      <InfoInScheduleOPartIIInd>X</InfoInScheduleOPartIIInd>
      <CashSavingsAndInvestmentsGrp>
        <BOYAmt>74924</BOYAmt>
        <EOYAmt>55560</EOYAmt>
      </CashSavingsAndInvestmentsGrp>
      <Form990TotalAssetsGrp>
        <BOYAmt>74924</BOYAmt>
        <EOYAmt>55560</EOYAmt>
      </Form990TotalAssetsGrp>
      <SumOfTotalLiabilitiesGrp>
        <EOYAmt>590</EOYAmt>
      </SumOfTotalLiabilitiesGrp>
      <NetAssetsOrFundBalancesGrp>
        <BOYAmt>74924</BOYAmt>
        <EOYAmt>54970</EOYAmt>
      </NetAssetsOrFundBalancesGrp>
      <InfoInScheduleOPartIIIInd>X</InfoInScheduleOPartIIIInd>
      <PrimaryExemptPurposeTxt>THE 5:14 INITIATIVE SEEKS TO PROVIDE PRACTICAL PATHWAYS FOR PEOPLE TO GIVE THEIR RESOURCES OF TIME AND FINANCES TO THOSE WITH LITTLE HOPE. 5:14 COMES FROM A VERSE IN THE CHRISTIAN SCRIPTURES THAT SAYS: "EVERYTHING IN THE LAWS AND THE PROPHETS CAN BE SUMMED UP WITH ONE COMMAND: 'LOVE YOUR NEIGHBOR AS YOURSELF.'" THEREFORE, WE SEEK TO ANSWER THE QUESTION: "WHO IS MY NEIGHBOR?" OUR JOURNEY HAS LED US TO FOCUS ON ORPHAN AND REFUGEE CARE. THE 5:14 INITIATIVE NETWORKS WITH OTHERS TO BRING ADVOCACY TO THOSE WHO HAVE NO VOICE AND THEREBY BRINGING LOVE AND HOPE TO OUR NEIGHBOR.</PrimaryExemptPurposeTxt>
      <ProgramSrvcAccomplishmentGrp>
        <DescriptionProgramSrvcAccomTxt>PROVIDED ASSISTANCE AND FUNDING TO AFRICAN ORPHANAGE AND PREGNANCY CENTER. ASSISTED WITH ADOPTION OF SPECIAL NEEDS CHILDREN THROUGH GOOD SHEPHERD'S FOLD ORPHANAGE. REFUGEE CARE INCLUDING EMERGENCY SERVICES, DRIVING LESSONS, HELP IN RESOURCING COMMUNITY SERVICES, JOB RESEARCH, JOB LOCATION ASSISTANCE, FAMILY SPONSORSHIPS, VOLUNTEER PROVISIONS AND RECREATIONAL OPPORTUNITIES. THE ORGANIZATION CREATED, ORGANIZED, AND MAINTAINED A FREE CLOTHES CLOSET AND FOOD PANTRY FOR THOSE REFUGEES WHO ARE UNDER-RESOURCED.</DescriptionProgramSrvcAccomTxt>
        <ProgramServiceExpensesAmt>91275</ProgramServiceExpensesAmt>
      </ProgramSrvcAccomplishmentGrp>
      <TotalProgramServiceExpensesAmt>91275</TotalProgramServiceExpensesAmt>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>JIMMY RENSLOW</PersonNm>
        <TitleTxt>PRESIDENT</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>DOUG MCCLAY</PersonNm>
        <TitleTxt>VICE PRESIDE</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>JODY TESTER</PersonNm>
        <TitleTxt>TREASURER</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
      <ChgMadeToOrgnzngDocNotRptInd>false</ChgMadeToOrgnzngDocNotRptInd>
      <OrganizationHadUBIInd>false</OrganizationHadUBIInd>
      <SubjectToProxyTaxInd>false</SubjectToProxyTaxInd>
      <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
      <Form1120PolFiledInd>false</Form1120PolFiledInd>
      <MadeLoansToFromOfficersInd>false</MadeLoansToFromOfficersInd>
      <EngagedInExcessBenefitTransInd>false</EngagedInExcessBenefitTransInd>
      <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      <BooksInCareOfDetail>
        <PersonNm>JIMMY RENSLOW</PersonNm>
        <USAddress>
          <AddressLine1Txt>5572 GARDEN VILLAGE WAY</AddressLine1Txt>
          <CityNm>GREENSBORO</CityNm>
          <StateAbbreviationCd>NC</StateAbbreviationCd>
          <ZIPCd>27410</ZIPCd>
        </USAddress>
        <PhoneNum>3363105140</PhoneNum>
      </BooksInCareOfDetail>
      <ForeignFinancialAccountInd>false</ForeignFinancialAccountInd>
      <ForeignOfficeInd>false</ForeignOfficeInd>
      <DonorAdvisedFndsInd>false</DonorAdvisedFndsInd>
      <OperateHospitalInd>false</OperateHospitalInd>
      <TanningServicesProvidedInd>false</TanningServicesProvidedInd>
      <RelatedOrganizationCtrlEntInd>false</RelatedOrganizationCtrlEntInd>
      <TransactionWithControlEntInd>false</TransactionWithControlEntInd>
      <PoliticalCampaignActyInd>false</PoliticalCampaignActyInd>
      <LobbyingActivitiesInd>false</LobbyingActivitiesInd>
      <SchoolOperatingInd>false</SchoolOperatingInd>
      <TrnsfrExmptNonChrtblRltdOrgInd>false</TrnsfrExmptNonChrtblRltdOrgInd>
      <PartVIOfCompOfHghstPdEmplTxt>NONE</PartVIOfCompOfHghstPdEmplTxt>
      <PartVIHghstPdCntrctProfSrvcTxt>NONE</PartVIHghstPdCntrctProfSrvcTxt>
      <FiledScheduleAInd>true</FiledScheduleAInd>
    </IRS990EZ>
    <IRS990ScheduleA documentId="RetDoc3">
      <PublicOrganization170Ind>X</PublicOrganization170Ind>
      <GiftsGrantsContriRcvd170Grp>
        <CurrentTaxYearMinus4YearsAmt>140182</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>94802</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>133711</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>196621</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>97789</CurrentTaxYearAmt>
        <TotalAmt>663105</TotalAmt>
      </GiftsGrantsContriRcvd170Grp>
      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus4YearsAmt>140182</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>94802</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>133711</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>196621</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>97789</CurrentTaxYearAmt>
        <TotalAmt>663105</TotalAmt>
      </TotalCalendarYear170Grp>
      <PublicSupportTotal170Amt>663105</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <CurrentTaxYearMinus3YearsAmt>1881</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>624</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearAmt>159</CurrentTaxYearAmt>
        <TotalAmt>2664</TotalAmt>
      </GrossInvestmentIncome170Grp>
      <TotalSupportAmt>665769</TotalSupportAmt>
      <PublicSupportCY170Pct>0.99600</PublicSupportCY170Pct>
      <PublicSupportPY170Pct>0.99660</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
    </IRS990ScheduleA>
    <IRS990ScheduleO documentId="RetDoc2">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART I, LINE 16</FormAndLineReferenceDesc>
        <ExplanationTxt>EXPENSES MEALS 1,574 FUND RAISING 258 BANK FEE 738 POSTAGE 258 TELEPHONE 1,200 OFFICE EXPENSES 175 COMPUTER/TECH SOFTWARE 4,045 LIABILITY D &amp; O 854 MISSIONS 15,693 CONFERENCES AND MEETINGS 2,115 TOTAL 26,910</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART II, LINE 26</FormAndLineReferenceDesc>
        <ExplanationTxt>ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 590</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART III</FormAndLineReferenceDesc>
        <ExplanationTxt>THE 5:14 INITIATIVE SEEKS TO PROVIDE PRACTICAL PATHWAYS FOR PEOPLE TO GIVE THEIR RESOURCES OF TIME AND FINANCES TO THOSE WITH LITTLE HOPE. 5:14 COMES FROM A VERSE IN THE CHRISTIAN SCRIPTURES THAT SAYS: "EVERYTHING IN THE LAWS AND THE PROPHETS CAN BE SUMMED UP WITH ONE COMMAND: 'LOVE YOUR NEIGHBOR AS YOURSELF.'" THEREFORE, WE SEEK TO ANSWER THE QUESTION: "WHO IS MY NEIGHBOR?" OUR JOURNEY HAS LED US TO FOCUS ON ORPHAN AND REFUGEE CARE. THE 5:14 INITIATIVE NETWORKS WITH OTHERS TO BRING ADVOCACY TO THOSE WHO HAVE NO VOICE AND THEREBY BRINGING LOVE AND HOPE TO OUR NEIGHBOR.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART III, LINE 28</FormAndLineReferenceDesc>
        <ExplanationTxt>PROVIDED ASSISTANCE AND FUNDING TO AFRICAN ORPHANAGE AND PREGNANCY CENTER. ASSISTED WITH ADOPTION OF SPECIAL NEEDS CHILDREN THROUGH GOOD SHEPHERD'S FOLD ORPHANAGE. REFUGEE CARE INCLUDING EMERGENCY SERVICES, DRIVING LESSONS, HELP IN RESOURCING COMMUNITY SERVICES, JOB RESEARCH, JOB LOCATION ASSISTANCE, FAMILY SPONSORSHIPS, VOLUNTEER PROVISIONS AND RECREATIONAL OPPORTUNITIES. THE ORGANIZATION CREATED, ORGANIZED, AND MAINTAINED A FREE CLOTHES CLOSET AND FOOD PANTRY FOR THOSE REFUGEES WHO ARE UNDER-RESOURCED.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>
