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1002 Foundation EIN 31-1518488

1002 Foundation FY2020 filing

EIN  31-1518488 Private foundation / grantmaker Cincinnati, OH
Form 990 (PDF)
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Size
<$100K
What they do
A private foundation based in Cincinnati, OH. It reported about $6K in revenue for 2020.
Money in and out
$6K revenue, $25K expenses
Bottom line
—

A private foundation based in Cincinnati, OH. It reported about $6K in revenue for 2020. For fiscal year 2020 it reported $6K in revenue, $25K in expenses, and $329K in net assets.Pt I

Grants paid & assets · FY2020
Total revenue
$6K
Pt VIII · Ln 12
Total expenses
$25K
Pt IX · Ln 25
Net assets
$329K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$19K
Total assets
329K
deployed as grants and operations
Grants paid
23K
in FY2020
Grants made
19grants
total in period
Payout rate
7%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 19 grants · $28K · 2025–2025
V M I Foundation INCFY2025$5,000
St Xavier ChurchFY2025$5,000
Bellarmine ChapelFY2025$2,000
Responder Alliance FoundationFY2025$1,000
Lander Valley Youth SoccerFY2025$1,000
Foundation for Usp7FY2025$1,000
Asante Africa FoundationFY2025$1,000
The Sentencing ProjectFY2025$1,000
Innocence Project INCFY2025$1,000
Cincinnati Shakespeare CompanyFY2025$1,000
Ensemble Theatre of ConcinnatiFY2025$1,000
Volunteer Lawyers for theFY2025$1,000
Taft Museum of ArtFY2025$1,000
PropublicaFY2025$1,000
The Brennan CenterFY2025$1,000
Smile Train INCFY2025$1,000
Manhattanville CollegeFY2025$1,000
Coast Guard Foundation INCFY2025$1,000
See all 19 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$1K
Median grantPart XV$1K
Largest grantPart XV$5K

Summary of the Filing

Part I · fiscal year 2020 · Form 990-PF
Revenue
$6K
FY2020
Expenses
$25K
FY2020
Total assets
$329K
FY2020
Total liabilities
$0
FY2020
Total revenue
$6K
Pt VIII · Ln 12
Total expenses
$25K
Pt IX · Ln 25
Net assets
$329K
Pt X · Ln 32
Total assetsPt II$329K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item C1002 Foundation
EINHdr · item D31-1518488
Principal addressHdr · item CCincinnati, OH
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22Z)
Ruling yearIRS BMFMay 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported
See 1002 Foundation executive salaries →

Statement of Revenue

Part VIII
Investment income100%$6K
Total revenueLn 12$6K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.94 Operating & administrative $0.06
Grants & contributions paid94%$23K
Operating & administrative6%$2K
Total functional expensesLn 25$25K

Balance Sheet

Part X · end of year
CashLn 1$10K
Total assetsLn 16$329K
Total liabilitiesLn 26$0
Total net assetsLn 32$329K
Months of cash on handcomputed5.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $329K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $6K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $6K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $6K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $329K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $6K · Expenses $25K
-300%
Liabilities-to-Assets
Total liabilities — · Total assets $329K
—
Net-asset ratio
Net assets $329K · Total assets $329K
100%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $25K
No individual compensation reported on this filing
Personnel share
not reported

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown. Peer cohort: .

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$23K revenue · ⤓ 990 PDF
FY2024$26K revenue · ⤓ 990 PDF
FY2023$14K revenue · ⤓ 990 PDF
FY2022$16K revenue · ⤓ 990 PDF
FY2021$33K revenue · ⤓ 990 PDF
FY2020$6K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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