Figure 1 Foundation is a 501(c)(3) organization based in Los Angeles, California, registered in 2019, with $80,716 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$81K
▲ 61.0% vs prior year
Education median: $200K
Expenses (FY2024)
$48K
Net assets
$151K
Employees
—
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 →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 Figure 1 Foundation— 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 Figure 1 Foundation: 38 mo reserves · +41% margin earns a A 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 Figure 1 Foundation— 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 Figure 1 Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $74K (FY2018) to $81K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
40.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$182K
Total liabilities
$30K
Net assets
$151K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $80,716▲61.0% | $47,705▼37.9% | $151,322▲27.9% | $181,655▲22.2% | 990EZ |
| 2023 | $50,140▼37.7% | $76,859▲64.1% | $118,311▼18.4% | $148,644▼15.2% | 990EZ |
| 2022 | $80,541▲23.2% | $46,838▲16.4% | $145,030▲30.3% | $175,363▲23.8% | 990EZ |
| 2021 | $65,360▲217% | $40,240▲3.2% | $111,327▲29.1% | $141,660▲42.8% | 990EZ |
| 2020 | $20,607▼78.5% | $38,975▼41.3% | $86,207▼17.6% | $99,207▼15.6% | 990EZ |
| 2019 | $96,050▲29.0% | $66,348▲1.4% | $104,575▲39.7% | $117,575▲33.8% | 990EZ |
| 2018 | $74,460 | $65,464 | $74,873 | $87,873 | 990EZ |
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 Figure 1 Foundation (EIN 81-1644762) 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.