10-1 Foundation Inc is a 501(c)(3) organization based in Thomasville, Georgia, registered in 2006, with $1,049,763 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$1.0M
▼ 50.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$627K
Net assets
$4.1M
Employees
—
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 10-1 Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 10-1 Foundation Inc: 79 mo reserves · +40% margin earns a B+ on this criterion. See the exact thresholds →
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 10-1 Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 10-1 Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $82K (FY2020) to $1.0M (FY2023) across 4 reported years.
Financial snapshot
Operating margin
40.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.1M
Total liabilities
$0
Net assets
$4.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,049,763▼50.0% | $627,209▲58.7% | $4,122,817▲11.4% | $4,122,817▲11.4% | 990PF |
| 2022 | $2,097,843▲1742% | $395,206▲23.3% | $3,700,263▲85.2% | $3,700,263▲85.2% | 990PF |
| 2021 | $113,885▲38.7% | $320,560▼9.2% | $1,997,626▼9.4% | $1,997,626▼9.4% | 990PF |
| 2020 | $82,099 | $353,106 | $2,204,301 | $2,204,301 | 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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Data for 10-1 Foundation Inc (EIN 59-3789335) 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.