Three Crowns Foundation FY2021 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $1,000 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

501(c)(3) charity; gifts are tax-deductible.
3¢ of each $1 spent went to programs.
$390K paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $131K a year · 33% of revenue · last 5 filings
A surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
3%
of spending
3% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$390K
to officers and key staff · 65% of spending
Pay to officers and key staff is 65% of spending.
Part VII, Section A
11.4 mo
of spending, in cash
Plus $2.0M in investments, Pt X · Ln 11–13
11.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $4K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$213K
7% of total assets
Liabilities are 7% of assets.
Pt X · Ln 26
Independent board members
7
of 8 voting members
7 of 8 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.1M
+42% vs prior year
Spent
$596K
To programs
3%
Net assets
$2.7M
By yearFY2020–FY2025
Revenue
$1.1M
FY2021▲ +42%
Tap a bar for its year
Revenue by fiscal year
FY2020$742K
FY2021$1.1M
FY2021$289K
FY2023$89K
FY2024$25K
FY2025$68K
Expenses
$596K
FY2021▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2020$658K
FY2021$596K
FY2021$362K
FY2023$11K
FY2024$9K
FY2025$44K
Net assets
$2.7M
FY2021▼ -75%
Tap a bar for its year
Net assets by fiscal year
FY2020$10.9M
FY2021$2.7M
FY2021−$1.3M
FY2023−$1.1M
FY2024−$1.0M
FY2025−$1.1M

From the FY2021 Form 990 (year ending March 2021) · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

3 cents of each dollar spent went to programs.

Program services 3% · $19K Management & general 97% · $577K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990; $390K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Asst Secretary/Executive Director
$206,274Pt VII · Sec A
$183,880Pt VII · Sec A
Vice-Chairperson
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Phillip Hemmer’s $224K as Executive Director is at the 98th percentile of top reported officer pay among 168 <$100K community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2021FY2021FY2020
Phillip Hemmer$224,039——
Dennis Trautvetter$210,454—$171,832
Phil Hemmer—$206,274$182,925
Dennis H Trautvetter—$183,880—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Three Crowns Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers administrative, management, investment, and financial help to Three Crowns Park.

Questions for Three Crowns Foundation

Tap to ask. Three Crowns Foundation sees how many people are interested.

Your first name shows with your question. Three Crowns Foundation answers here, for everyone.

1 program · $19K · in their own filed words · FY2020
01

Support for three crowns park, a related organization.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-1060468) · Dispute this line
$19Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2021
Total grants receivedfrom 1 funder$4K
Grants paid · 5 grants · $283K · 2019–2021
Unitemized GrantFY2021$29,094
Three Crowns ParkIL · FY2021$25,766
Unitemized GrantFY2020$19,226
Three Crowns ParkIL · FY2019$150,916
Unitemized GrantFY2019$57,868

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Other incomeLn 4–11$424K
Fees for servicesLn 2g$354K
Gifts and grantsLn 1h$184K
Money outPt IX
$596K
Ln 25
Programscol B$19K
Managementcol C$577K
Owns and owesPt X
$2.7M
net assets · Ln 32
Cash and savingsLn 1–2$566K
Total assetsLn 16$2.9M
LiabilitiesLn 26$213K
PeoplePt VI, VII
10
listed · VII A
PaidVII A2
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$184K
Fees for servicesLn 2g$354K
Investment incomeLn 3$91K
Other incomeLn 4–11$424K
Gains on assetsLn 7$424K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$566K
Cash and savings togetherLn 1–2$566K
Prepaid expenses and deferred chargesLn 9$1K
InvestmentsLn 11–13$2.0M
Other assetsLn 15$336K
Total assetsLn 16$2.9M
LiabilitiesLn 26$213K
Net assetsLn 32$2.7M
OperationsPt I, VI
EmployeesI 50
VolunteersI 617
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$781K$566K
InvestmentsLn 11–13$5.8M$2.0M
Total assetsLn 16$11.0M$2.9M
LiabilitiesLn 26$87K$213K
Net assetsLn 32$10.9M$2.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$19K$19K
Other salaries and wagesLn 7$398K$398K
Pension plan contributionsLn 8$11K$11K
Other employee benefitsLn 9$2K$2K
Payroll taxesLn 10$22K$22K
Investment management feesLn 11f$12K$12K
Other fees for servicesLn 11g$131K$131K
Other expenses (24a–d)Ln 24$1K$1K
Total functional expensesLn 25$596K$19K$577K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Aug 7, 2026 $68K$44K$24K−$1.1M 990 PDF
FY2024Filed with the IRS Jul 30, 2025 $25K$9K$16K−$1.0M 990 PDF
FY2023Filed with the IRS Jul 31, 2024 $89K$11K$78K−$1.1M 990 PDF
FY2022 Not on file
FY2021 ViewingFiled with the IRS Feb 9, 2022 $1.1M$596K$456K$2.7M 990 PDF
FY2020Filed with the IRS Feb 12, 2021 $742K$658K$83K$10.9M 990 PDF

Schedules filed Part IV

A · Public support I · Grants J · Pay O · Explanations
See the full FY2021 990
Part I · Summary $1,051,980 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $150,736$183,528
I-9 Program service revenuePrior year $0$353,921
I-10 Investment incomePrior year $258,347$514,531
I-11 Other revenuePrior year $332,425$0
I-12 Total revenuePrior year $741,508$1,051,980
I-13 Grants and similar amounts paidPrior year $208,784$19,226
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $423,176$433,071
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $26,334$143,967
I-18 Total expensesPrior year $658,294$596,264
I-19 Revenue less expensesPrior year $83,214$455,716
Part VI · Governance 7 of 8 board members independent, 2 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,051,980 across 6 lines filed
VIII-1f All other contributions, gifts and grants$183,528
VIII-1h Total contributions, gifts and grants$183,528
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $353,921$353,921
VIII-3 Investment incomeExcluded from tax $90,952$90,952
VIII-7 Net gain or loss on sales of assetsExcluded from tax $423,579$423,579
VIII-12 Total revenueRelated to mission $353,921 · Unrelated business $0 · Excluded from tax $514,531$1,051,980
Part IX · Statement of functional expenses $596,264 across 8 lines filed
IX-2 Grants to domestic individualsPrograms $19,226$19,226
IX-7 Other salaries and wagesManagement $398,157$398,157
IX-8 Pension plan contributionsManagement $11,354$11,354
IX-9 Other employee benefitsManagement $1,546$1,546
IX-10 Payroll taxesManagement $22,014$22,014
IX-11f Investment management feesManagement $11,695$11,695
IX-11g Other fees for servicesManagement $130,860$130,860
IX-24 Other expenses (24a–d)Management $1,412$1,412
IX-25 Total functional expensesPrograms $19,226 · Management $577,038 · Fundraising $0$596,264
Part X · Balance sheet $2,907,085 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $781,269$566,290
X-9 Prepaid expenses and deferred chargesStart of year $1,029$1,029
X-11 Publicly traded securitiesStart of year $5,774,422$2,004,050
X-15 Other assetsStart of year $37,382$335,716
X-16 Total assetsStart of year $10,970,165$2,907,085
X-17 Accounts payable and accrued expensesStart of year $52,685$138,152
X-25 Other liabilitiesStart of year $34,744$75,291
X-26 Total liabilitiesStart of year $87,429$213,443
X-27 Net assets without donor restrictionsStart of year $10,741,700$2,556,667
X-28 Net assets with donor restrictionsStart of year $141,036$136,975
X-32 Total net assets or fund balancesStart of year $10,882,736$2,693,642
X-33 Total liabilities and net assetsStart of year $10,970,165$2,907,085
Part XI · Reconciliation of net assets $2,693,642 net assets at year end
XI-1 Total revenue$1,051,980
XI-2 Total expenses$596,264
XI-3 Revenue less expenses$455,716
XI-4 Net assets at start of year$10,882,736
XI-5 Net unrealized gains (losses) on investments$612,997
XI-9 Other changes in net assets−$9,257,807
XI-10 Net assets at end of year$2,693,642

Form 990 e-file FY2021 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.