TPhilanthropy, Voluntarism & GrantmakingEIN: 853561645· Ruling Year: 2022

Three Cords Foundation

Reston, Virginia

BHealth Score
63B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.04×
Peer Median18.82×
💰
$1.3M
Total Revenue
📊
$1.3M
Total Expenses
🏦
$51K
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-38.6%
Year-over-year change (2022 → 2023)
Net Margin
+0.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.04
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$1,285,00039%$1,283,96939%$50,7912%
2022$2,093,000232%$2,122,000285%$49,76037%
2021$630,01063000900%$551,250$78,7607875900%
2020$1$0$1

Frequently Asked Questions

What does Three Cords Foundation do?

Three Cords Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Virginia. It is classified under NTEE code T22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Three Cords Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Three Cords Foundation has a score of 63/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Three Cords Foundation generate?

Revenue data for Three Cords Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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Three Cords Foundation — Reston, VA | GiveScope