1Team1Dream

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 833737632 ✦ Kelseyville, CA ✦ Designated as a 501(c)(3)

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Overview

What is 1Team1Dream?

1Team1Dream is a nonprofit organization aimed at empowering new entrepreneurs. Their primary mission is to provide grant prize money to these budding business owners, helping them to persevere and prosper. By offering financial support, they encourage the growth and success of these enterprises. The exact details about their activities and further initiatives are not specified in the provided information.

Is 1Team1Dream legitimate?

1Team1Dream is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1Team1Dream submitted a form 990EZ, 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.

What is the mission statement of 1Team1Dream?

1Team1Dream's mission is centered around supporting new entrepreneurs by providing them with financial aid. This grant money is intended to aid these entrepreneurs in their journey towards business prosperity and sustainability. The organization also encourages the success of these businesses, serving as a catalyst for their continued growth.

Who is the CEO of 1Team1Dream?

Lisa Morrow is the Treasurer of 1Team1Dream.

What is the revenue of 1Team1Dream?

1Team1Dream's revenue in 2022 was $147,350.

Who are the executives of 1Team1Dream and what are their salaries?


Here are 4 key members and their salaries:


Olga Steele (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helena Welsh (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Morrow (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Schmid (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for 1Team1Dream?

1Team1Dream's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of 1Team1Dream

1Team1Dream, as a nonprofit organization, is dedicated to supporting new entrepreneurs in their journey towards success and prosperity. The mission of 1Team1Dream is twofold: firstly, it provides financial aid in the form of prize money to these fledgling businesses. This monetary support is intended to help these enterprises sustain their operations and continue to grow. Secondly, 1Team1Dream actively encourages the success of these businesses, fostering an environment that encourages their continued thriving and prosperity.

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Impact




October, 2024

1Team1Dream significantly influences the entrepreneurial landscape by providing essential financial support to new entrepreneurs. By granting prize money, it empowers individuals to thrive and prosper in their business endeavors. This initiative not only fosters economic growth within Kelseyville, CA, but also encourages innovation and creativity among aspiring business owners. The emphasis on helping businesses succeed ultimately contributes to job creation and strengthens the local economy, creating a ripple effect that enhances community well-being. Through its efforts, 1Team1Dream cultivates an environment where entrepreneurship can flourish, offering invaluable resources that uplift and motivate new ventures.




This information is meant to be a general summary of 1Team1Dream. 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.

Revenue
$147,350 (2022)
Expenses
$155,638 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $147,350

Assets and Liabilities:

  • Total Assets: $7,034
  • Total Liabilities: $201
  • Net Assets: $6,833

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Organization Details

Principal Officer

Lisa Morrow

Main Address

5210 ORCHARD DR, KELSEYVILLE, CA, 95451

NTEE Category

Code: J21 - Employment

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