Onerace Inc
- Assets
- $164.9k
- Revenue
- $515.5k
- Investments
- $0.0
- Employees
- 6
- Location
- Atlanta, GA
- Founding
- 11/2017
- Data as of
- 12/2021
- EIN
- 82-2545667
Organization Overview
Onerace Inc is located in Atlanta, GA. The organization was established in 2017. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Onerace Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Onerace 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 12/2021, Onerace Inc generated $515.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 55.6% each year . All expenses for the organization totaled $493.1k during the year ending 12/2021. 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
ONERACE MOVEMENT, INC.'S EXEMPT PURPOSE IS TO UNITE CHURCHES FOR THE CAUSE OF RACIAL RECONCILIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, WE WERE ABLE TO REACH PEOPLE WITH THE MESSAGE OF RECONCILIATION AND REVIVAL THROUGH: 1. GATHER 3,000 PEOPLE THROUGH THE JESUS + JUSTICE CAMPAIGN.2. MOBILIZED 700 PEOPLE FOR ACTION THROUGH OUR MERCY + JUSTICE INITIATIVE.3. GAVE $65,000 TO 7 NON-PROFIT ORGANIZATIONS.4. EQUIPPED 2,000 PEOPLE THROUGH ORIGINAL ONERACE CONTENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Clemons Ceo/director | OfficerTrustee | 50 | $91,316 |
Hazen Stevens Treasurer | OfficerTrustee | 25 | $0 |
Tamesis Cruz-Free Secretary | OfficerTrustee | 0.5 | $0 |
Jack Alexander Chairman | OfficerTrustee | 0.5 | $0 |
Lee Jenkins Director | Trustee | 0.5 | $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 | $507,505 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $507,505 |
| Total Program Service Revenue | $7,870 |
| Investment income | $174 |
| 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 | $515,549 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $65,000 |
| 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. | $91,316 |
| Compensation of current officers, directors, key employees. | $30,439 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $85,893 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,932 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,853 |
| Advertising and promotion | $13,050 |
| Office expenses | $2,967 |
| Information technology | $3,579 |
| Royalties | $0 |
| Occupancy | $5,044 |
| Travel | $10,269 |
| 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 | $833 |
| Insurance | $5,217 |
| All other expenses | $26,427 |
| Total functional expenses | $493,081 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161,994 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $2,917 |
| Other assets | $0 |
| Total assets | $164,911 |
| 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 | $164,911 |
| Net assets with donor restrictions | $0 |
| 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 | $164,911 |
Grants Awarded
Over the last fiscal year, Onerace Inc has awarded $60,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
PAWKIDS PURPOSE: To promote the work of racial reconciliation | $10,000 |
SUMMERHILL MINISTRIES PURPOSE: To promote the work of racial reconciliation | $10,000 |
Atlanta, GA PURPOSE: To promote the work of racial reconciliation | $10,000 |
Atlanta, GA PURPOSE: To promote the work of racial reconciliation | $10,000 |
Atlanta, GA PURPOSE: To promote the work of racial reconciliation | $10,000 |
Lawrenceville, GA PURPOSE: To promote the work of racial reconciliation | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Onerace Inc has recieved totaling $33,681.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $23,650 |
The Community Foundation For Greater Atlanta Inc Atlanta, GA PURPOSE: RELIGION-RELATED | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $31 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Compassion A Tennessee Non-Profit Corporation Cleveland, TN | $18,764,537 | $70,147,882 |
Cross International Inc Pompano Beach, FL | $1,626,437 | $52,631,066 |
Martha Obryan Center Inc Nashville, TN | $41,203,339 | $31,115,116 |
Ligonier Ministries Inc Sanford, FL | $54,142,799 | $25,858,613 |
Ravi Zacharias International Ministries Norcross, GA | $12,439,416 | $25,742,588 |
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Rescue Missions Ministries Inc Durham, NC | $22,198,926 | $18,805,895 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Insideout Community Ministries Inc Clearwater, FL | $52,422,753 | $11,970,498 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Paramount Church Inc Palm Beach, FL | $0 | $8,970,572 |