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Nonprofiteer
← TEN BY THREE

Form 990 for tax year 2025

Filed by TEN BY THREE.

Totals

Total revenue
$2,067,968
Total expenses
$2,175,336
Contributions and grants received
$582,684
Grants paid
$0
Program service revenue
$1,480,080
Investment income
$4,750
Other revenue
$454
Total assets, end of year
$965,458
Total liabilities, end of year
$820,077
Net assets or fund balances, end of year
$145,381
Program services expenses (Part IX)
$2,080,960
Management and general expenses
$94,376
Fundraising expenses
$0
Program service expenses (Part III)
$2,080,960

Program services were 95.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $582,684

  • 2a · Program service revenue: Sales of Blessing Baskets

    total $1,480,080 · related or exempt $1,480,080

  • 3 · Investment income

    total $4,750 · related or exempt $4,750

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $11,079

  • 7b · Less cost or other basis and sales expenses

    securities $11,079

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: Rebates

    total $454 · related or exempt $454

  • 11e · Other revenue, total

    $454

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $501,033 · program services $486,465 · management and general $14,568

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $23,949 · program services $23,949

  • 11a · Fees: management

    total $25,698 · management and general $25,698

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $21,870 · management and general $21,870

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $32,412 · program services $32,412

  • 13 · Office expenses

    total $3,474 · management and general $3,474

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $94,038 · program services $94,038

  • 17 · Travel

    total $48,576 · program services $48,576

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $305 · management and general $305

  • 20 · Interest

    total $28,381 · management and general $28,381

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $22,578 · program services $22,578

  • 24a · Other expenses: Basket Weaving Expenses

    total $925,323 · program services $925,323

  • 24b · Other expenses: Liason Compensation

    total $192,061 · program services $192,061

  • 24c · Other expenses: Liason Expenses

    total $103,513 · program services $103,513

  • 24d · Other expenses: Warehouse

    total $43,735 · program services $43,735

  • 24e · All other expenses

    total $108,390 · program services $108,310 · management and general $80

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $548,298 · end of year $380,190

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    beginning of year $62,337 · end of year $53,025

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    beginning of year $396,186 · end of year $516,147

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $30,396

  • 10b · Land, buildings and equipment: accumulated depreciation

    $14,588

  • 10c · Land, buildings and equipment, net

    beginning of year $15,808 · end of year $15,808

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $1,669 · end of year $288

  • 17 · Accounts payable and accrued expenses

    beginning of year $30,155 · end of year $20,741

  • 25 · Other liabilities

    beginning of year $741,394 · end of year $799,336

  • 28 · Net assets with donor restrictions

    beginning of year $252,749 · end of year $145,381

Mission and programs · 2025

Mission

Ten by Three is a nonprofit social enterprise that reduces poverty through entrepreneurship by selling artisan-made goods and reinvesting revenue into sustainable income generation for artisans globally.

  • Ten by Three operates as a nonprofit social enterprise that reduces poverty through entrepreneurship. The organization sells artisan-made goods and reinvests the revenue into prosperity wages, training, and small business development for individuals living in extreme poverty. This market-based model creates sustainable income, enabling artisans to build multiple income streams and achieve long-term economic independence. All activities are directly aligned with the organizations exempt purpose.The organizations programs support more than 3,000 active artisans across seven countries, with over 9,200 individuals having graduated from poverty through the model. On average, each artisan launches three businesses, generating multiple income streams that strengthen long-term financial stability, improve access to education, and increase food security for their families.

    Expenses $2,080,960 · Revenue $1,480,080

As filed on the 2025 return.

Listed in Part VII

  • Aprille Trupiano

    Board Member

    Total calculated
    $0
    Hours/week
    5
  • Katherine Burkhardt

    Board Member

    Total calculated
    $0
    Hours/week
    5
  • Gentry Boswell

    Treasurer

    Total calculated
    $0
    Hours/week
    5
  • Theresa Carrington

    CEO

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
22 April 2026
IRS schema version
2025v4.1
Source object
202631129349300423

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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