EIN 75-2731283

3 To 1 Foundation

IRS 501(c) type
501(c)(3)
Num. employees
2
City
State
Year formed
1997
Most recent tax filings
2022-11-01
Description
The 3 To 1 Foundation serves the community by conducting financial seminars and providing tools for budgeting, financial goal setting, debt management, investment basics, wealth accumulation, and wealth management. They also offer need and academic-based scholarships for college students. Additionally, the organization presents seminars for high school students that include presentations on various financial topics. The foundation incurs other expenses related to ongoing operations and aims to present more seminars in the future.
Total revenues
$148,687
2022
Total expenses
$117,045
2022
Total assets
$1,071,103
2022
Num. employees
2
2022

Program areas at 3 To 1 Foundation

The organization conducted seminars providing information and tools for budgeting, financial goal setting, debt management, investment basics, wealth accumulation and wealth management. Seminars conducted for high school students also included presenting information about careers in accounting, tax, banking, financial planning and investment advising. The organization also awarded scholarships To college students.
Other expenses that are for the ongoing operations of the Foundation To present more seminars that were not direct expenses of the seminars presented this fiscal year.

Who funds 3 To 1 Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Communities Foundation of TexasThis Grant Is Designated for General Support.$6,242

Personnel at 3 To 1 Foundation

NameTitleCompensation
Darrell CainPresident$0
Michele MulhollandFormer Foundation Director$71,770
Richard ChillemiVice President and Board Member / Vice President and Board Director$0

Financials for 3 To 1 Foundation

RevenuesFYE 11/2022
Total grants, contributions, etc.$24,391
Program services$1,025
Investment income and dividends$14,998
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$31,646
Net income from fundraising events$56,242
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$20,385
Total revenues$148,687

Form 990s for 3 To 1 Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-112023-10-16990View PDF
2021-112022-10-17990View PDF
2020-112021-10-14990View PDF
2019-112021-02-19990View PDF
2018-112020-01-21990View PDF
...and 10 more Form 990s
Data update history
November 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 28, 2023
Updated personnel
Identified 2 new personnel
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 29, 2023
Updated personnel
Identified 1 new personnel
June 13, 2023
Received grants
Identified 1 new grant, including a grant for $6,242 from Communities Foundation of Texas
Nonprofit Types
Grantmaking organizationsCharities
Issues
Education
Characteristics
Fundraising eventsProvides scholarshipsAuction fundraisersTax deductible donations
General information
Address
17 Cowboys Way 300
Frisco, TX 75034
Metro area
Dallas-Fort Worth-Arlington, TX
Website URL
3to1foundation.org/ 
Phone
(972) 233-3323
IRS details
EIN
75-2731283
Fiscal year end
November
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T00: Philanthropy, Voluntarism, and Grantmaking Foundations: General
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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