Zero Six One Nine Foundation
- Assets
- $1.7m
- Revenue
- $21.7k
- Investments
- $1.6m
- Employees
- 0
- Location
- Fairview, TX
- Founding
- 10/2017
- Data as of
- 12/2022
- EIN
- 82-2241558
Organization Overview
Zero Six One Nine Foundation is located in Fairview, TX. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zero Six One Nine Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Zero Six One Nine Foundation generated $21.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (52.2%) each year. All expenses for the organization totaled $118.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Zero Six One Nine Foundation has awarded 53 individual grants totaling $475,750. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlo Strippoli President/director | 3 | $0 | |
Carole C Strippoli Secretary/treasurer/direct | 2 | $0 | |
Benjamin J Hargrove Director | 1 | $0 | |
Michael C Strippoli Director | 1 | $0 | |
Brian W Hargrove Director | 1 | $0 | |
George R Strippoli Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $77,874 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$56,183 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,691 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,304 |
| Total operating and administrative expenses | $24,664 |
| Contributions, gifts, grants paid | $93,750 |
| Total expenses and disbursements | $118,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $170,412 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,725,035 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Zero Six One Nine Foundation has awarded $93,750 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CHARITY WATER PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
COMMUNITY FIRST VILLAGE PURPOSE: CHARITABLE CONTRIBUTION | $9,375 |
NETWORK OF COMMUNITY MINISTRIES PURPOSE: CHARITABLE CONTRIBUTION | $9,375 |
SAMARITAN INN MCKINNEY TEXAS PURPOSE: CHARITABLE CONTRIBUTION | $19,375 |
WYLIE CHRISTIAN CARE CENTER PURPOSE: CHARITABLE CONTRIBUTION | $9,375 |
CITY HOUSE PURPOSE: CHARITABLE CONTRIBUTION | $8,750 |