Third Ladder
- Assets
- $114.2k
- Revenue
- $383.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Alpharetta, GA
- Founding
- Data as of
- 12/2022
- EIN
- 86-3206087
Organization Overview
Third Ladder is located in Alpharetta, GA. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Third Ladder employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Third Ladder 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, Third Ladder generated $383.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 33.6% each year . All expenses for the organization totaled $430.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THIRD LADDER PROVIDES GRANTS TO HUMANITARIAN ORGANIZATIONS INTERNATIONALLY THROUGH VETTED GRANT DISTRIBUTION, FACILITATING A PROCESS THAT ENABLES DONORS TO BE INVOLVED AND INTENTIONAL IN THEIR GIVING TO CREATE MAXIMUM IMPACT FOR A WIDE REACH OF HUMAN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HUMANITARIAN PROJECTS SUPPORTED IN INDIA INCLUDE:AGNI RAKSHA-- SURGERIES, REHABILITATION PROGRAMS, EDUCATION, AND VOCATIONAL TRAINING FOR BURN VICTIMS FROM LOWER INCOME FAMILIES;LITTLE DROPS HOME -- HOUSING, FOOD, AND MEDICAL CARE FOR ABANDONED ELDERLY; AND ZAMAR -- A SCHOOL LOCATED IN CHENNAI, INDIA.
HUMANITARIAN PROJECTS SUPPORTED IN SUB-SAHARAN AFRICA INCLUDE:HOME FROM HOME (SOUTH AFRICA) -- SOCIAL WORK SERVICES AND HOME SUPPORT FOR PERMANENT FOSTER CARE HOMES;NAMELOK (KENYA) -- CORRECTIVE SURGERIES FOR CHILDREN WITH PHYSICAL DISABILITIES, FEMALE GENITAL MUTILATION PREVENTION, AND SCHOLARSHIP OPPORTUNITIES FOR GIRLS RESCUED FROM FGM; ANDVALLEY LIGHT HOME (KENYA) -- PERMANENT HOUSING, EDUCATION, MEDICAL COVERAGE, AND HOLISTIC CARE FOR CHILDREN WHO HAVE BEEN ORPHANED OR ABANDONED.
HUMANITARIAN PROJECTS SUPPORTED IN EUROPE, SOUTH AMERICA, AND THE MIDDLE EAST INCLUDE:ADPARE (ROMANIA) -- HOUSING, MEDICAL, COUNSELING, SOCIAL WORK, AND JOB TRAINING FOR VICTIMS OF TRAFFICKING;PROJECT SUMA (BOLIVIA) -- PREVENTION, OUTREACH, AND THERAPEUTIC SUPPORT SERVICES FOR WOMEN IN PROSTITUTION AND THEIR CHILDREN
OTHER PROGRAM COSTS ASSOCIATED WITH THE GRANT-MAKING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Booth Board Treasurer | OfficerTrustee | 1 | $0 |
Mallory Even Board President | OfficerTrustee | 3 | $0 |
Naomi Zacharias Executive Director | Officer | 40 | $0 |
Laura Cardner Board President | Officer | 0 | $0 |
Zenat Drown Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $383,643 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $383,643 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $383,643 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $258,592 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $114,826 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,382 |
| Payroll taxes | $12,627 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,279 |
| Fees for services: Accounting | $9,348 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,737 |
| Office expenses | $9,137 |
| Information technology | $1,682 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,271 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $646 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $330 |
| Total functional expenses | $430,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,884 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,279 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $114,163 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $64,163 |
| Net assets with donor restrictions | $50,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $114,163 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Third Ladder has recieved totaling $23,500.
| Awarding Organization | Amount |
|---|---|
Last Coconut Foundation Inc Panama City Beach, FL PURPOSE: CHARITABLE CAUSES | $23,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wnc Bridge Foundation Asheville, NC | $146,559,840 | $12,380,465 |
Childrens Healthcare Charity Inc Palm Beach Gardens, FL | $5,074,981 | $9,745,793 |
Don And Angie Seta Foundation Boca Raton, FL | $0 | $7,457,065 |
The Savannah Community Foundation Inc Savannah, GA | $54,173,792 | $9,998,384 |
National Cancer Assistance Foundation Inc Daytona Beach, FL | $587,584 | $4,501,111 |
The Giving Kitchen Initiative Inc Atlanta, GA | $5,202,127 | $3,829,430 |
Kermit G Phillips Ii Charitable Tr Greensboro, NC | $71,515,607 | $5,235,464 |
Troon Foundation Elon, NC | $48,656,909 | $2,507,639 |
Frances P Bunnelle Foundation Pawleys Island, SC | $50,346,506 | $4,044,110 |
The Ironman Foundation Inc Tampa, FL | $9,463,048 | $2,918,187 |
Glass Family Foundation Inc Asheville, NC | $24,447,807 | $3,179,935 |
Norcross Foundation Inc Jacksonville, FL | $12,948,336 | $5,280,220 |