One Drop Foundation Inc

Organization Overview

One Drop Foundation Inc is located in Las Vegas, NV. The organization was established in 2009. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. One Drop 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 12/2023, One Drop Foundation Inc generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (31.6%) each year. All expenses for the organization totaled $3.1m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (21.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

ONE DROP STRIVES TO ENSURE THAT WATER IS ACCESSIBLE TO ALL, TODAY AND FOREVER. ONE DROP SIGNIFICANTLY AND SUSTAINABLY IMPROVES LIVING CONDITIONS THROUGH INNOVATIVE PROJECTS WOR

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANT TO ONE DROP CANADA TO PURSUE INTERNATIONAL COOPERATION AND DEVELOPMENT PROGRAMS. ONE DROP CANADA SHARES THE SAME OBJECTIVE, THAT IS TO ENSURE THAT WATER IS ACCESSIBLE TO ALL, TODAY AND FOREVER, AS WELL AS THE SAME MISSION WHICH IS TO DEVELOP AND IMPLEMENT INNOVATIVE WATER ACCESS AND MANAGEMENT PROJECTS WHICH PROMOTE SELF-RELIANCE IN DISADVANTAGED, RURAL AND SEMI-RURAL REGIONS OF DEVELOPING COUNTRIES. ONE DROP CANADA IS ONE DROP FOUNDATION, INC'S MAIN PARTNER CARRYING OUT ITS PROGRAMS. ONE DROP CANADA IS REGISTERED AS A CHARITABLE ORGANIZATION UNDER S. 149.1 OF THE CANADIAN INCOME TAX ACT.


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Board, Officers & Key Employees

Name (title)Compensation
Jean-Louis Dufresne
CEO
$0
Lisa Clowery
Cpo-2
$0
Alexandre Meunier
Cpo
$0
Tania Vachon
Cmo
$0
Ernenek Duran
Cmo
$0
France Chretien-Desmarais
President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cirque Du Soleil Inc And Affiliates
Benefit Events
$147,958
The Moonridge Group
Benefit Events
$60,892
Source 1 Events
Benefit Events
$35,000
The Works Entertainment Llc
Benefit Events
$45,614
View All Vendors

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$592,037
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$592,037
Total Program Service Revenue$0
Investment income $145,895
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $724,600
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,462,532

Grants Awarded

Over the last fiscal year, One Drop Foundation Inc has awarded $115,239 in support to 2 organizations.

Grant RecipientAmount

DESERT RESEARCH INSTITUTE

PURPOSE: GRANTS

$15,239

CHANNELS FOR WATER INNOVATION

PURPOSE: GRANTS

$100,000
View Grant Profile

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One Drop Foundation Inc
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