Floodgates 3 10 Inc is a 501(c)(3) organization based in Roanoke, Texas, registered in 2018, with $96,800 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$97K
▼ 18.6% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$96K
Net assets
$13K
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 Floodgates 3 10 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 Floodgates 3 10 Inc: 2 mo reserves · +0% 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 Floodgates 3 10 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 Floodgates 3 10 Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $3,525 (FY2017) to $97K (FY2023) across 6 reported years.
Financial snapshot
Operating margin
0.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13K
Total liabilities
$500
Net assets
$13K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $96,800▼18.6% | $96,421▼15.8% | $12,539▲3.1% | $13,039▲7.2% | 990PF |
| 2022 | $118,850▲9.8% | $114,501▲9.1% | $12,160▲55.7% | $12,160▲55.7% | 990PF |
| 2021 | $108,208▼11.3% | $104,943▼17.0% | $7,811▲71.8% | $7,811▲71.8% | 990PF |
| 2020 | $122,000▲6.1% | $126,478▼2.3% | $4,546▼63.7% | $4,546▼63.7% | 990PF |
| 2019 | $115,000▲3162% | $129,457▲3573% | $12,539 | $12,539 | 990PF |
| 2017 | $3,525 | $3,525 | $0 | $0 | 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 Floodgates 3 10 Inc (EIN 82-3680192) 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.