1 Percent Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 873622480 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is 1 Percent Foundation?

The 1 Percent Foundation is a nonprofit organization situated in Indianapolis, Indiana. Its primary objective is to extend affordable housing solutions through its homeless and temporary shelter initiative. Although the organization has not launched any programs at present, it remains committed to realizing its mission of providing a shelter for individuals in need.

Is 1 Percent Foundation legitimate?

1 Percent Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1 Percent Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of 1 Percent Foundation?

The 1 Percent Foundation is committed to providing affordable shelter for individuals in need. Although the organization has not yet implemented any programs, its mission is to establish a temporary shelter to accommodate homeless individuals. The foundation's ultimate goal is to make a significant impact by offering a safe and affordable living space for those who are currently without a home.

Who is the CEO of 1 Percent Foundation?

Unavailable

What is the revenue of 1 Percent Foundation?

1 Percent Foundation's revenue in 2022 was $5,363.

Who are the executives of 1 Percent Foundation and what are their salaries?


There is 1 key member and their salary:


Curtis Collins (Owner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for 1 Percent Foundation?

1 Percent Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of 1 Percent Foundation

The 1 Percent Foundation is committed to providing affordable shelter for individuals in need. Although the organization has yet to implement any programs, its ultimate goal is to establish a homeless, temporary shelter facility. This foundation strives to make a difference by offering a safe haven for those who are currently without a home.

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Impact




October, 2024

1 Percent Foundation focuses on addressing the pressing issue of homelessness in Indianapolis, IN, by aiming to provide affordable shelter for those in need. While it has not yet launched any programs, its mission is centered around creating a safe and stable environment for individuals experiencing temporary housing crises. The foundation seeks to empower its community by ensuring that everyone has access to a home, thus striving to alleviate homelessness and improve the overall quality of life for the most vulnerable populations in the city. Through its initiatives, 1 Percent Foundation envisions fostering a sense of security and belonging for individuals faced with housing instability.




This information is meant to be a general summary of 1 Percent Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$5,363 (2022)
Expenses
$20,815 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $5,363
  • Gross Receipts: $5,363

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $15,452
  • Net Assets: -$15,452

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Organization Details

Main Address

1811 N Kessler Blvd, Indianapolis, IN, 46222

NTEE Category

Code: L00 - Housing

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