12-31 EIN 88-2279325

12-31

Not yet claimed Claim this org →

Serves the community with relentless compassion, inspiring others to do the same. For fiscal year 2025 it reported $362K in revenue, $383K in expenses, and $25K in net assets.Pt I

Founded
2022
Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Spring, TX
Website
twelvethirtyone.org
Filings
4 on file (2022–2025)
Revenue
$362KFY2025
Expenses
$383K
Net assets
$25K
People
5
Filings
4
Updates
0
More identity details & actions ⌄
EIN  88-2279325 Public foundation / grantmaker Spring, TX Founded 2022
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until 12-31 claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Serves the community with relentless compassion, inspiring others to do the same.
Leadership
Michael Dahlhauser · Executive Director · $62K
Money in and out
$362K revenue, $383K expenses
Bottom line
88% program efficiency
Grants paid & assets · FY2025
Total revenue
$362K
Pt VIII · Ln 12
Total expenses
$383K
Pt IX · Ln 25
Net assets
$25K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$21K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Program efficiency
88%
of spending reaches programs▼ -5% vs prior filing year
Operating runway
1.0mo
months of highly liquid reserves at operating expense rate▼ -9% vs prior filing year
Surplus margin
-6%
revenue over expenses, this year▼ -8675% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$362K
FY2025▼ -11%
Expenses
$383K
FY2025▼ -6%
Total assets
$26K
FY2025▼ -29%
Total liabilities
$854
FY2025▲ +4%
Total revenue
$362K
Pt VIII · Ln 12
Total expenses
$383K
Pt IX · Ln 25
Net assets
$25K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$21K
Total assetsPt X · Ln 16$26K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $336K of program spending, described in the organization's own filed words · FY2025.
01

The organization supports students and families within lake travis independent school district (ltisd) by providing items needed (including school supplies, food, clothing, and self-care essentials).

$336Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item C12-31
EINHdr · item D88-2279325
Principal addressHdr · item CSpring, TX
WebsiteHdr · item Jtwelvethirtyone.org
Year of formationHdr · item L2022
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T12)
Ruling yearIRS BMFJun 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$62,000Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Michael Dahlhauser’s $62K as Executive Director is at the 59th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022
Michael Dahlhauser$62,000$62,000$45,833$12,250

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 12-31 executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$359K · 99%
Other revenue$3K · 1%
Contributions & grants99%$359K
Other revenue1%$3K
Total revenueLn 12$362K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$336K
Management & general12%$47K
Total functional expensesLn 25$383K

Balance Sheet

Part X · end of year
CashLn 1$26K
Total assetsLn 16$26K
Total liabilitiesLn 26$854
Total net assetsLn 32$25K
Months of cash on handcomputed0.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $26K · Operating expenses (Pt IX) $383K · Less non-cash grants $72K · Cash operating expenses/yr $311K
1.0 months
Where the money goes
Program services
Program services $336K · Total expenses $383K
88%
Management & General
Management & general $47K · Total expenses $383K
12%
Fundraising
Fundraising $0 · Total expenses $383K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $347K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $359K · Total revenue $362K
99%
Government reliance
Government grants — · Total revenue $362K
Earned-income share
Program service revenue $0 · Total revenue $362K
0%
Investment reliance
Investment income $0 · Total revenue $362K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $383K
0%
Growth & trend
Revenue growth (YoY)
This year $362K · Prior year $407K
-11%
Net-asset trend (YoY)
End of year $25K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $362K · Expenses $383K
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $26K
Net-asset ratio
Net assets $25K · Total assets $26K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $26K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Michael Dahlhauser · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $62K · Total expenses $383K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $163K · Total expenses $383K
42%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Fundraising cost ratio 0%
Revenue growth -11%
Legal fee ratio 0.2%
Accounting fee ratio 0.5%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$102K
See all 3 funders →
Grants paid · 5 grants · $708K · 2022–2025
Unitemized GrantFY2025$149,045
Unitemized GrantFY2024$243,953
Cornerstone RestorationTX · FY2024$13,600
Unitemized GrantFY2023$198,817
Unitemized GrantFY2022$102,903

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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)$362K revenue · viewing · ⤓ 990 PDF
FY2024$407K revenue · ⤓ 990 PDF
FY2023$289K revenue · ⤓ 990 PDF
FY2022$209K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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

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.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street 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, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.