One Dearborn Inc is located in Lawrenceburg, IN. The organization was established in 2019. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, 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 Dearborn Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, One Dearborn Inc generated $157.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $128.0k 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
PROVIDE LEADERSHIP IN EXECUTING STRATEGIES TO ATTRACT BUSINESSES TO LOCATE IN DEARBORN COUNTY, INDIANA; TO GROW EXISTING BUSINESSES; TO ATTRACT AND RETAIN A TALENTED WORKFORCE; AND TO IMPROVE THE QUALITY OF LIFE IN DEARBORN COUNTY, ALL IN SUPPORT OF ASSISTING AND ACCELERATING THE OBJECTIVES OF GOVERNMENT TO PROVIDE A MORE PROSPEROUS LIFE FOR ITS CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE LEADERSHIP IN EXECUTING STRATEGIES TO ATTRACT BUSINESSES TO LOCATE IN DEARBORN COUNTY, INDIANA; TO GROW EXISTING BUSINESSES; TO ATTRACT AND RETAIN A TALENTED WORKFORCE; AND TO IMPROVE THE QUALITY OF LIFE IN DEARBORN COUNTY, ALL IN SUPPORT OF ASSISTING AND ACCELERATING THE OBJECTIVES OF GOVERNMENT TO PROVIDE A MORE PROSPEROUS LIFE FOR ITS CITIZENS.
IVY TECH COMMUNITY COLLEGE PROVIDES THE ORGANIZATION 190 SQUARE FEET OF OFFICE SPACE AT NO COST. THE ESTIMATED FAIR MARKET RENTAL VALUE IS 27,360 PER YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patrick M Perleberg CEO | Officer | 40 | $70,500 |
Randy Maxwell Vice Preside | Officer | 2 | $0 |
Mark Sams Treasurer | Officer | 2 | $0 |
John Stenger Secretary | Officer | 2 | $0 |
Michael Schwebler President | Officer | 2 | $0 |
Mark Graver Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $87,500 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $11,457 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $98,957 |
Total Program Service Revenue | $55,000 |
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 | $157,792 |
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. | $70,500 |
Compensation of current officers, directors, key employees. | $7,050 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,673 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,283 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $25,532 |
Advertising and promotion | $1,504 |
Office expenses | $923 |
Information technology | $1,051 |
Royalties | $0 |
Occupancy | $0 |
Travel | $795 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,958 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $47 |
Insurance | $3,299 |
All other expenses | $13,385 |
Total functional expenses | $127,950 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $255,996 |
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 | $117 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $256,113 |
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 | $2,164 |
Total liabilities | $2,164 |
Net assets without donor restrictions | $186,803 |
Net assets with donor restrictions | $67,146 |
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 | $256,113 |
Over the last fiscal year, we have identified 1 grants that One Dearborn Inc has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
St Elizabeth Medical Center Inc Edgewood, KY PURPOSE: Program Support | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Lawndale Educational And Regional Network Charter School Chicago, IL | $67,406,179 | $92,698,092 |
Kipp Chicago Schools Chicago, IL | $13,709,561 | $40,280,655 |
Phalen Leadership Academy-Indiana Inc Indianapolis, IN | $19,837,313 | $31,079,119 |
Carmen High School Of Science And Technology Inc Milwaukee, WI | $26,487,634 | $24,006,774 |
Kipp Indianapolis Inc Indianapolis, IN | $19,111,079 | $22,227,841 |
Frontier Schools Inc Kansas City, MO | $35,530,269 | $28,374,845 |
Intrinsic Schools Chicago, IL | $39,836,849 | $21,177,530 |
Guadalupe Educational Systems Inc Kansas City, MO | $13,472,707 | $27,548,134 |
Seeds Of Health Milwaukee, WI | $21,433,274 | $18,248,715 |
Ewing Marion Kauffman School Inc Kansas City, MO | $12,328,924 | $22,686,630 |
Hmong American Peace Academy Ltd Milwaukee, WI | $62,055,663 | $22,180,285 |
Crossroads Charter Schools Kansas City, MO | $14,061,355 | $16,288,564 |