Overview
What is One Parent One Dream Foundation?
The One Parent One Dream Foundation is a nonprofit organization that offers support and encouragement to single-parent families experiencing financial hardships. Based on the information provided, the foundation's primary mission is to aid these families in meeting their most fundamental needs. One of the ways they accomplish this is by furnishing beds and mattresses, ensuring families have a comfortable place to sleep. In summary, the One Parent One Dream Foundation is dedicated to uplifting and assisting single-parent households in overcoming their challenges.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, Two-Star out of Four Star rating.
The One Parent One Dream Foundation has earned a Two-Star rating from Charity Navigator, reflecting a score of 63%. This rating is based entirely on its Accountability & Finance metrics, indicating a strong commitment to financial transparency and responsible resource management. The foundation scores particularly well in areas such as having 100% independent board members and no material diversion of assets, showcasing its governance strength.
Notable strengths include a perfect score in document management for board meeting minutes and a zero liabilities to assets ratio, which suggests solid financial health. Furthermore, the foundation allocates all its expenses towards programs, indicating a focus on mission-related activities rather than administrative costs.
While the foundation demonstrates strong accountability and financial management, the Two-Star rating suggests there may be areas for improvement to enhance overall effectiveness and impact. Potential donors and stakeholders might consider this rating when evaluating the organization's capacity to fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
Is One Parent One Dream Foundation legitimate?
One Parent One Dream Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. One Parent One Dream Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of One Parent One Dream Foundation?
The One Parent One Dream Foundation's mission is centered around supporting and inspiring single-parent families who are facing difficulties in meeting their family's essential needs. The organization extends its aid by providing beds and mattresses, thereby ensuring these families have a comfortable place to sleep. By offering this support, the foundation aims to uplift and empower single-parent families, helping them navigate through their challenges.
What is the revenue of One Parent One Dream Foundation?
One Parent One Dream Foundation's revenue in 2023 was $141,356.
Who are the executives of One Parent One Dream Foundation and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for One Parent One Dream Foundation?
One Parent One Dream Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of One Parent One Dream Foundation
The One Parent One Dream Foundation is committed to supporting and uplifting single-parent families who are grappling with meeting their most fundamental needs. The organization's mission is to encourage and empower these families by providing them with essential items, such as beds and mattresses, enabling them to have a comfortable place to rest. This nonprofit organization's primary focus is on offering assistance to single-parent families to help them overcome their challenges and improve their living conditions.
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Impact
October, 2024
One Parent One Dream Foundation has a significant impact on single-parent families by addressing their most essential needs. By providing beds and mattresses, the foundation ensures that families struggling to secure basic necessities have a safe and comfortable place to sleep. This support not only improves the immediate living conditions of these families in Tupelo, MS, but also fosters a sense of stability and security. The foundation's commitment to encouraging and uplifting single-parent households helps create a nurturing environment where both parents and children can thrive, ultimately empowering them to overcome challenges and pursue a better future.
This information is meant to be a general summary of One Parent One Dream Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $141,356
Assets and Liabilities:
- Total Assets: $54,902
- Total Liabilities: $0
- Net Assets: $54,902
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Organization Details
Principal Officer
James A Spencer
NTEE Category
Code: P40 - Human services
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