2 The One Foundation
- Assets
- $2.3m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Tempe, AZ
- Founding
- Data as of
- 12/2021
- EIN
- 87-1706165
Organization Overview
2 The One Foundation is located in Tempe, AZ. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 2 The One Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
2 THE ONE FOUNDATION SEEKS TO ASSIST ORGANIZATIONS PROVIDING SAFE WATER, HOUSING TO LOW-INCOME FAMILIES, AND DISASTER RELIEF. DURING 2021, 1 SUCH CHARITY WAS GRANTED 3,166 FOR SUPPORT IN THEIR ENDEAVORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fabiola Palazuelos Director | 0.5 | $0 | |
Joakim Soria President | 0.5 | $0 | |
Karla Soria Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,282,142 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,708 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,301,850 |
| 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 | $0 |
| Total operating and administrative expenses | $7,853 |
| Contributions, gifts, grants paid | $3,166 |
| Total expenses and disbursements | $11,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,190,831 |
| 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 | $1,100,000 |
| Total assets | $2,290,831 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rose Foundation For Communities And The Environment Oakland, CA | $13,720,278 | $9,215,891 |
Martis Fund Truckee, CA | $15,628,296 | $4,571,050 |
Swift Foundation Santa Barbara, CA | $66,818,197 | $1,459,109 |
Colorado Youth Corps Association Denver, CO | $2,620,543 | $6,453,411 |
Bay Area Industry Promotion Fund Oakland, CA | $19,424,290 | $5,651,706 |
Santa Monica Bay Foundation Playa Del Rey, CA | $2,169,499 | $3,100,072 |
Sherman Foundation Newport Beach, CA | $20,971,786 | $2,966,996 |
Inner City Education Family Los Angeles, CA | $28,478,454 | $2,246,800 |
Clean Water Here Foundation Longmont, CO | $17,477,415 | $20,972,810 |
Lake Tahoe Conservation Fund Tahoe City, CA | $9,891,050 | $3,551,350 |
Downtown Community Benefit District San Francisco, CA | $6,294,654 | $4,010,272 |
Honnold Foundation Salt Lake City, UT | $2,206,815 | $2,549,011 |