One Solution Foundation Inc
- Assets
- $44.1k
- Revenue
- $288.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 03/2017
- Data as of
- 12/2022
- EIN
- 81-4030534
Organization Overview
One Solution Foundation Inc is located in Chicago, IL. The organization was established in 2017. 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. One Solution 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 12/2022, One Solution Foundation Inc generated $288.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $295.2k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SOLVE LARGE-SCALE GLOBAL CHALLENGES BY FACILITATING A PROFOUND SHIFT OF HEARTS AND MINDS IN INDIVIDUALS, COMMUNITIES, ORGANIZATIONS AND SYSTEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHICAGO YOUTH PROJECT: WE CONTINUED OUR REBELS FOR PEACE PROGRAM FOR YOUTH IN SOUTH SIDE CHICAGO. THIS IS AN ONGOING PROGRAM FOCUSING ON BUILDING MENTAL HEALTH AND RESILIENCE IN UNDERSERVED COMMUNITIES. WE HOSTED ANNUAL SUMMER LEADERSHIP INTERNSHIP FOR 33 YOUTH. ADDITIONALLY, WE TRAINED 12YOUTH FACILITATORS IN IN DEPTH LEADERSHIP, AND DELIVERED TRAINING TO OVER 166 KIDS IN 4,5,6,7,8 WITHIN THE CPS SYSTEM.
ACCELERATING CHANGE ONLINE COURSE: CONTINUED ONLINE COURSE DESIGNED TO TEACH ASPIRING AND CURRENT LEADERS OF SOCIAL, ORGANIZATIONAL AND SYSTEMIC CHANGE HOW TO ACCELERATE THE RATE, BREADTH AND SUSTAINABILITY OF CHANGE. IT'S A 8 WEEK COURSE WITH 40 INSTRUCTIONAL VIDEOS AND LIVE VIRTUAL INTERACTION. WE HAD OVER 163 PARTICIPANTS IN THE COURSE AND OVER 240 IN OUR VIRTUAL SUMMIT.
RESILIENCE AND WELLBEING PROGRAM: WE DELIVERED RESILIENCE AND WELLBEING PROGRAM TO 111 NON-PROFIT, CIVIC, AND EDUCATIONAL LEADERS AND 110 YOUTH IMPACTED BY THE CRIMINAL JUSTICE SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eirik Olsen Executive Dir. | Trustee | 50 | $73,937 |
Mara Gleason Secretary | Trustee | 50 | $34,224 |
Dajohn White Director | Trustee | 17 | $11,774 |
Anna Debenham Director | Trustee | 1 | $0 |
Carla Kupe Chairman | Officer | 1 | $0 |
Brooke Wheeldon Treasurer | Officer | 1 | $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 | $209,553 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $209,553 |
| Total Program Service Revenue | $78,466 |
| Investment income | $0 |
| 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 | $288,019 |
| 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. | $168,572 |
| 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 | $5,170 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,338 |
| Advertising and promotion | $3,302 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,862 |
| 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 | $1,157 |
| All other expenses | $16,421 |
| Total functional expenses | $295,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,052 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $44,052 |
| Accounts payable and accrued expenses | $496 |
| 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 | $496 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $43,556 |
| 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 | $44,052 |