One For The World Inc
- Assets
- $1.4m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 6
- Location
- New York, NY
- Founding
- Data as of
- 06/2023
- EIN
- 84-2124550
Organization Overview
One For The World Inc is located in New York, NY. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, One For The World Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. One For The World 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 06/2023, One For The World Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 46.3% each year . All expenses for the organization totaled $1.7m during the year ending 06/2023. 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
ONE FOR THE WORLD, INC. (THE ORGANIZATION) IS TO BUILD A MOVEMENT OF PEOPLE REVOLUTIONIZING CHARITABLE GIVING TO END EXTREME POVERTY THROUGH EDUCATION, TRAINING, AND COMMUNITY BUILDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS BEEN ORGANIZED TO PROVIDE PHILANTHROPIC AWARENESS AND CHARITABLE GIVING TO SUPPORT NONPROFIT ORGANIZATIONS. MORE SPECIFICALLY, THE ORGANIZATION WILL WORK TO RAISE AWARENESS AMONG STUDENTS AND YOUNG PROFESSIONALS ABOUT THE IMPORTANCE OF PHILANTHROPY AND HOW THEIR CONTRIBUTIONS CAN HELP TO END EXTREME POVERTY THROUGH DONATIONS OF 1% OF THEIR YEARLY INCOME. THE ORGANIZATION WILL THEN PROVIDE DISTRIBUTIONS TO QUALIFYING NONPROFIT ORGANIZATIONS IN THE UNITED STATES AND AROUND THE WORLD. BY PROVIDING THIS PHILANTHROPIC AWARENESS AND CHARITABLE GIVING PROGRAM, THE ORGANIZATION WILL HELP TO IMPROVE THE QUALITY OF LIFE FOR INDIVIDUALS AROUND THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Lewars Executive Director & Trustee | OfficerTrustee | 40 | $118,615 |
Joshua Mccann Trustee | Trustee | 5 | $0 |
Robert Colonel Treasurer, Audit Lead & Trustee | OfficerTrustee | 5 | $0 |
Nadav Steinmetz Trustee | Trustee | 5 | $0 |
Rossa O'keeffe-O'donovan Co-Chair & Trustee | OfficerTrustee | 5 | $0 |
Katharina Schwarz Co-Chair & Trustee | OfficerTrustee | 5 | $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 | $2,096,711 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,096,711 |
| Total Program Service Revenue | $0 |
| Investment income | $90 |
| 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 | $2,096,801 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $997,127 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $64,117 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $109,403 |
| Compensation of current officers, directors, key employees. | $32,821 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $174,130 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,648 |
| Payroll taxes | $25,078 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $700 |
| Fees for services: Accounting | $28,304 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,518 |
| Advertising and promotion | $11,122 |
| Office expenses | $5,813 |
| Information technology | $45,396 |
| Royalties | $0 |
| Occupancy | $28,025 |
| Travel | $59,668 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,610 |
| All other expenses | $0 |
| Total functional expenses | $1,694,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $367,855 |
| Savings and temporary cash investments | $536,439 |
| Pledges and grants receivable | $450,135 |
| 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 | $40,338 |
| 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 | $1,394,767 |
| Accounts payable and accrued expenses | $50,360 |
| Grants payable | $104,797 |
| 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 | $155,157 |
| Net assets without donor restrictions | $1,040,484 |
| Net assets with donor restrictions | $199,126 |
| 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 | $1,394,767 |
Grants Awarded
Over the last fiscal year, One For The World Inc has awarded $996,800 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE CLEAR FUND DBA GIVEWELL PURPOSE: TO FUND THE HIGHLY COST-EFFECTIVE CHARITIES THAT GIVEWELL RECOMMENDS THROUGH ITS RESEARCH OR, WHERE APPROPRIATE, THE SPECIFIC PROGRAMMES OF THOSE CHARITIES THAT GIVEWELL HAS IDENTIFIED AS BEING HIGHLY COST-EFFECTIVE | $817,961 |
AGAINST MALARIA FOUNDATION PURPOSE: TO FUND THE PURCHASE OF ANTI-MALARIA NETS, SPECIFICALLY LONG-LASTING INSECTICIDAL NETS (LLINS), AND TO WORK WITH DISTRIBUTION PARTNERS TO ENSURE THEY ARE USED, AS WELL AS TRACKING AND REPORTING ON NET USE AND MALARIA CASE DATA | $178,839 |