1 Thing Better Foundation
Only null% goes to programs Strong reserves
1 Thing Better Foundation is a 501(c)(3) organization based in Southlake, Texas, registered in 2013, with $65,400 in FY2024 revenue. CharityIndex grades it B.
Po Box 92548, Southlake, TX, 76092 EIN 38-3868253 Since 2013
Revenue (FY2024)
$65K
▲ 186.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$43K
Net assets
$80K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for 1 Thing Better Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating22 mo reserves · +34% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 1 Thing Better Foundation: 22 mo reserves · +34% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for 1 Thing Better Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 1 Thing Better Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 92548, Southlake, TX, 76092
- City
- Southlake
- State
- Texas
- Subcategory
- Private Foundations
- Website
- …
Financial trends
Revenue declined from $144K (FY2014) to $65K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $80K
Operating margin
34.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$80K
Total liabilities
$0
Net assets
$80K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $65,400▲186% | $43,015▲382% | $80,135▲38.8% | $80,135▲38.8% | 990PF |
| 2023 | $22,860▼64.9% | $8,927▼77.0% | $57,750▲31.8% | $57,750▲31.8% | 990PF |
| 2022 | $65,220 | $38,820▲385% | $43,817▲152% | $43,817▲152% | 990PF |
| 2021 | $0▼100% | $8,000▲65.2% | $17,417▼31.5% | $17,417▼31.5% | 990PF |
| 2020 | $9,806▼89.1% | $4,842▼98.1% | $25,417▲24.3% | $25,417▲24.3% | 990PF |
| 2019 | $90,075▼50.1% | $253,545▲37.0% | $20,453▼88.9% | $20,453▼88.9% | 990PF |
| 2018 | $180,360▲3.9% | $185,030▲99.3% | $183,923▼2.5% | $183,923▼2.5% | 990PF |
| 2017 | $173,577▲961% | $92,842▲89.9% | $188,593▲74.9% | $188,593▲70.2% | 990PF |
| 2016 | $16,355▼92.7% | $48,902▼69.1% | $107,858▼23.2% | $110,824▼22.8% | 990PF |
| 2015 | $224,555▲56.4% | $158,033▲63.7% | $140,405▲90.0% | $143,555▲94.3% | 990PF |
| 2014 | $143,561 | $96,525 | $73,883 | $73,883 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is 1 Thing Better Foundation a legitimate nonprofit?
- Yes. 1 Thing Better Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-3868253, based in Southlake, Texas. Donations are tax-deductible.
- What is 1 Thing Better Foundation's EIN?
- 1 Thing Better Foundation's Employer Identification Number (EIN) is 38-3868253.
- How much revenue does 1 Thing Better Foundation report?
- 1 Thing Better Foundation reported $65,400 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does 1 Thing Better Foundation have?
- CharityIndex grades 1 Thing Better Foundation B, based on financial health (reserves and operating margin).
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Data for 1 Thing Better Foundation (EIN 38-3868253) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.