One Stone Inc
- Assets
- $6.9m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 40
- Location
- Boise, ID
- Founding
- 02/2012
- Data as of
- 07/2021
- EIN
- 26-3599715
Organization Overview
One Stone Inc is located in Boise, ID. The organization was established in 2012. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 07/2021, One Stone Inc employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. One Stone Inc 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 07/2021, One Stone Inc generated $4.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 45.7% each year . All expenses for the organization totaled $2.6m during the year ending 07/2021. While expenses have increased by 36.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ONE STONE IS A STUDENTLED AND DIRECTED SCHOOL THAT MAKES STUDENTS BETTER LEADERS AND THE WORLD A BETTER PLACE
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONE STONE HIGH SCHOOL, AN INDEPENDENT TUITION-FREE SCHOOL, LAUNCHED IN 2016. THE SCHOOL'S THREE-YEAR PROGRAM EMPOWERS STUDENTS TO LEARN AND PRACTICE TWENTY-FIRST CENTURY SKILLS THROUGH EXPERIENTIAL SERVICE, INNOVATIVE INITIATIVES AND SOCIAL ENTREPRENEURSHIP. STUDENT WORK IS ROOTED IN DESIGN THINKING, A CREATIVE PROBLEM SOLVING AND INNOVATION DISCOVERY PROCESS. STUDENTS UNCOVER NEW IDEAS THAT ALLOW THEM TO DISRUPT FOR GOOD---IMPROVING THE STATUS QUO FOR LASTING CHANGE. ONE STONE CURRENTLY SERVES 116 STUDENTS.
PROJECT GOOD IS A STUDENT-LED AND -DIRECTED EXPERIENTIAL SERVICE PROGRAM THAT PROVIDES AN OPPORTUNITY FOR A DIRECT CONNECTION AND BENEFIT TO THE RECIPIENT AND THE OPPORTUNITY FOR A LIFE-CHANGING EXPERIENCE FOR THE ONE STONE STUDENT. PROJECT GOOD TACKLES 15-20 EXPERIENTIAL SERVICE PROJECTS PER YEAR THAT BUILD COMMUNITY AND CHARACTER. PROJECT GOOD'S IMPACT IS PROVEN AND LASTING, BOTH IN THE COMMUNITIES WE SERVE AND IN DEVELOPING STUDENT LEADERS WHO ARE CREATING GOOD.
TWO BIRDS IS A SOCIAL ENTERPRISE RUN BY HIGH SCHOOL STUDENTS PROVIDING JOB TRAINING AND REAL WORLD OPPORTUNITIES TO DEVELOP CREATIVE STRATEGY AND COMMUNICATION SKILLS. THE SKILLS RANGE FROM GRAPHIC DESIGN, VIDEO AND WEB DESIGN. TWO BIRDS PROVIDES BRANDING AND PROMOTIONAL WORK FOR ONE STONE AS WELL AS OTHER ORGANIZATIONS. THROUGH TWO BIRDS STUDENTS GAIN HANDS-ON MARKETING AND DESIGN EXPERIENCE, SOCIAL ENTREPRENEURSHIP, AND TECHNICAL SKILLS REQUIRED TO MANAGE A CREATIVE STUDIO. THE STUDENTS BUILD AN EXTENSIVE PORTFOLIO OF WORK WHILE GAINING REAL WORLD, RELEVANT SKILLS LIKE CLIENT COMMUNICATION, ACCOUNT MANAGEMENT, BUDGETING, AND NEW BUSINESS DEVELOPMENT. STUDENTS ARE MENTORED BY PROFESSIONALS IN THE FIELD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Carlson Director Of Research | 40 | $102,458 | |
Jeremy D Rice Vice Chair Director | OfficerTrustee | 5 | $0 |
Marilyn Perez Chairman Director | OfficerTrustee | 5 | $0 |
Mackenzie Link Secretary Director | OfficerTrustee | 5 | $0 |
Veronica Richmond Treasurer Director | OfficerTrustee | 5 | $0 |
Joel Poppen Director | Trustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lisa J Fisher Llc College Counseling | 7/30/20 | $81,411 |
Shirley O'neil School Counselor | 7/30/20 | $2,429 |
Shirley O'neil School Counselor | 7/30/20 | $2,429 |
Lisa J Fisher Llc College Counseling | 7/30/20 | $81,411 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $251,324 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,567,879 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,819,203 |
| Total Program Service Revenue | $58,501 |
| Investment income | $31,371 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$52,291 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,856,784 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $102,458 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,437,902 |
| Pension plan accruals and contributions | $34,629 |
| Other employee benefits | $110,373 |
| Payroll taxes | $125,538 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,175 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $99,027 |
| Royalties | $0 |
| Occupancy | $164,967 |
| Travel | $1,439 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $162,363 |
| Insurance | $30,493 |
| All other expenses | $0 |
| Total functional expenses | $2,552,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,400 |
| Savings and temporary cash investments | $6,740,261 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,822 |
| 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 | $25,171 |
| Net Land, buildings, and equipment | $115,707 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,938,361 |
| Accounts payable and accrued expenses | $118,966 |
| 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 | $118,966 |
| Net assets without donor restrictions | $1,702,081 |
| Net assets with donor restrictions | $5,117,314 |
| 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 | $6,938,361 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that One Stone Inc has recieved totaling $25,548.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $15,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,548 |
Endowment Analysis
| Beg. Balance | $3,000 |
| Net Contributions | $215,510 |
| Other Expense | $43,069 |
| Ending Balance | $175,441 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wasatch Academy Mt Pleasant, UT | $45,866,695 | $17,823,805 |
Utah Military Academy Riverdale, UT | $24,344,819 | $12,220,357 |
Africa New Life Ministries International Portland, OR | $6,351,157 | $13,013,845 |
Davinci Academy Of Science And The Arts Ogden, UT | $18,116,859 | $12,303,431 |
Northsound Association For Catholic Education Everett, WA | $18,986,934 | $10,534,843 |
Equipo Academy Las Vegas, NV | $5,537,300 | $8,383,335 |
Benton Franklin Head Start Program Richland, WA | $1,169,571 | $7,707,525 |
Northwest Academy Portland, OR | $25,854,406 | $19,083,366 |
Grace Cascade Christian Schools Medford, OR | $21,046,370 | $6,903,914 |
Westside Christian High School Tigard, OR | $16,024,565 | $4,963,827 |
Open School Inc Portland, OR | $8,309,312 | $5,000,345 |
Lake Washington Girls Middle School Seattle, WA | $6,756,406 | $3,694,139 |