For One Child Foundation Inc

Organization Overview

For One Child Foundation Inc is located in Worcester, MA. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. For One Child Foundation 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 06/2024, For One Child Foundation Inc generated $40.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $30.0k during the year ending 06/2024. While expenses have increased by 8.4% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2024

Describe the Organization's Program Activity:

Part 3

FOR ONE CHILD CONTINUES TO MAKE SIGNIFICANT STRIDES IN DELIVERING IMPACTFUL PROGRAMS TO IMPROVE EDUCATIONAL RESOURCES AND FOSTER COMMUNITY ENGAGEMENT. BELOW IS A SUMMARY OF THE ACCOMPLISHMENTS AND ASSOCIATED COSTS: IN-KIND DONATIONS: THROUGH A GENEROUS PARTNERSHIP WITH SHREWSBURY SCHOOLS, WE RECEIVED IN-KIND DONATIONS VALUED AT $6,977.00, WHICH INCLUDED MUCH-NEEDED CHAIRS AND DESKS FOR UNDERSERVED SCHOOLS. GOLF TOURNAMENT: THE ANNUAL GOLF TOURNAMENT, A CORNERSTONE FUNDRAISING EVENT, INCURRED EXPENSES OF $3,491.00. THIS EVENT NOT ONLY RAISED FUNDS BUT ALSO INCREASED COMMUNITY INVOLVEMENT AND AWARENESS OF OUR MISSION. WINTER WONDERLAND GALA: THE GALA, AN ESSENTIAL FUNDRAISER TO SUPPORT OUR PROGRAMS, HAD EXPENSES AMOUNTING TO $4,728.35. THE EVENT SUCCESSFULLY BROUGHT TOGETHER DONORS AND PARTNERS TO SUSTAIN OUR EDUCATIONAL INITIATIVES. STORAGE AND SHIPMENT OF IN-KIND DONATIONS: TO FACILITATE THE TRANSPORT OF EDUCATIONAL MATERIALS TO JAMAICA, STORAGE COSTS AMOUNTED TO $6,696.00, WITH AN ADDITIONAL $7,000.00 SPENT ON SHIPPING THE CONTAINER. CLEARING THE SHIPPING CONTAINER: UPON ARRIVAL IN JAMAICA, THE CONTAINER REQUIRED CLEARING COSTS OF $5,683.00 TO ENSURE SMOOTH DELIVERY OF THE EDUCATIONAL RESOURCES. DIRECT PURCHASE OF CHAIRS AND DESKS: A DIRECT INVESTMENT OF $1,000.00 WAS MADE TO SUPPLEMENT THE DONATIONS, ENSURING THAT STUDENTS HAVE ADEQUATE SEATING AND WORKSPACE. TOTAL COSTS OVERVIEW: THE TOTAL VALUE OF THE PROGRAM EXPENSES AND IN-KIND DONATIONS CONTRIBUTIONS IS $36,575.35, WHICH UNDERSCORES THE ORGANIZATION'S COMMITMENT TO PROVIDING RESOURCES AND OPPORTUNITIES TO NEEDY CHILDREN.


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Board, Officers & Key Employees

Name (title)Compensation
Racquel Knight
Founder/board Member
$0
Yanique Deans
Executive Director
$0
Kim Stone
Board Member
$0
Suzanne Longone
Board Member
$0
Melody Lee-Beach
Board Member
$0
Dr Sheri Ann Mclean Williams
Board Member
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$16,673
Total Program Service Revenue$23,855
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$40,528

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