One Dream At A Time
- Assets
- $14.2m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 04/2008
- Data as of
- 12/2023
- EIN
- 26-0626123
Organization Overview
One Dream At A Time is located in Seattle, WA. The organization was established in 2008. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. One Dream At A Time 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 12/2023, One Dream At A Time generated $5.1m in total revenue. All expenses for the organization totaled $162.5k during the year ending 12/2023. While expenses have increased by 33.0% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR SPECIFIC OBJECTIVES AND PURPOSES IS TO AID AND SUPPORT THE ELDERS, DISADVANTAGED STUDENTS, ORPHANS, AND PEOPLE WITH SPECIAL NEEDS. THE PURPOSE OF HELPING DISADVANTAGED STUDENTS AND PEOPLE WITH SPECIAL NEEDS IS TO INSPIRE, ENCOURAGE AND MOTIVATE THEM TO DEVELOP A CAREER PATH; GIVE THEM A CHANCE FOR HIGHER EDUCATION AND TECHNICAL SKILLS THAT THEY OTHERWISE MAY NOT HAVE; IN TURN, WE ASK THAT WHEN THEY BECOME INDEPENDENT, THEY WILL HELP OTHERS IN THE SAME SITUATION. THE PURPOSE OF HELPING THE ELDERS, ORPHANS IS TO LET THEM KNOW THAT THERE ARE PEOPLE IN THIS WORLD WHO CARE FOR THEM, THUS HELP TO BUILD THEIR SELF-ESTEEM, AND CONFIDENCE. THE TYPES OF HELP TO BE PROVIDED TO THESE GROUPS INCLUDE: MEDICAL INSURANCE PAYMENTS, BASIC NEEDS SUCH AS GROCERIES, CLOTHES, AND PERSONAL HYGIENE ITEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED MEALS, MEDICAL, AND OTHER ASSISTANCE FOR HOMELESS, ELDERLY, AND DISADVANTAGED PERSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terrance Y Yoshikawa President | OfficerTrustee | 1 | $0 |
Edward Yakushijin Treasurer | OfficerTrustee | 1 | $0 |
Edward Sturdivant Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $4,831,486 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,285 |
| Noncash contributions included in lines 1a–1f | $2,087,886 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,859,771 |
| Total Program Service Revenue | $0 |
| Investment income | $218,553 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,019 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,079,343 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,780 |
| Grants and other assistance to domestic individuals. | $57,800 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,925 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $2 |
| Total functional expenses | $162,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,185 |
| Savings and temporary cash investments | $1,686,899 |
| 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 | $12,326,020 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,249,104 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $19,720 |
| Deferred revenue | $200,000 |
| 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 | $219,720 |
| Net assets without donor restrictions | $14,029,384 |
| 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 | $14,249,104 |
Grants Awarded
Over the last fiscal year, One Dream At A Time has awarded $73,810 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GRACE LUTHERAN CHURCH PURPOSE: (1) Student missionary sponsorship(2) Funding operational expenses for orphanage | $37,800 |
RENTON COMMUNITY CENTER- ADAPTIVE RECREATION ACTIVITIES PURPOSE: Handicapped and special needs assistance | $20,000 |
FIRST LUTHERAN CHURCH PURPOSE: Education and Scholarships | $16,010 |