Overview
What is One Treasure Island?
One Treasure Island is a nonprofit organization situated in San Francisco, California, specifically at 1 Avenue of the Palms 166. Their primary mission is to foster a vibrant and inclusive community on Treasure Island, providing opportunities for economic advancement for lower-income San Franciscans, including those who have experienced homelessness. They achieve this through various means, such as offering affordable housing, job opportunities, community building, and advocacy. One of their notable initiatives is an Employment/Pre-Apprenticeship Program. This program covers the costs of a pre-apprenticeship program for economically disadvantaged San Franciscans, providing them with training leading to certifications like OSHA 10. Successful program graduates are also offered union membership in various trades. Moreover, the program engages trained graduates in remedying nuisance buildings on the island. As of the provided data, One Treasure Island employs 11 individuals dedicated to fulfilling their mission.
What are the reviews and ratings of this charity?
Charity Navigator rating: 94% (Four-Star out of Four Star rating)
One Treasure Island has earned a commendable four-star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 94%, the organization showcases an impressive level of financial transparency and responsible governance. The charity boasts a fully independent board of directors, which is pivotal in maintaining integrity and avoiding conflicts of interest.
The organization's financial health is notable, with a program expense ratio of 90.57%, indicating that a significant portion of its funds is directed towards its mission-related programs. Additionally, there are no reported instances of material diversion of assets, and the charity adheres to established conflict of interest and whistleblower policies, further reinforcing its commitment to ethical operations.
While the overall ratings portray a positive image, continuous focus on maintaining these standards will be crucial for One Treasure Island as it grows and faces new challenges. The high percentage of independent board members and strong financial oversight are particularly strengths that stakeholders can trust.
This AI summary has been generated from information found on Charity Navigator.
Is One Treasure Island legitimate?
One Treasure Island is a legitimate nonprofit organization registered as a 501(c)(3) entity. One Treasure Island 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: $169,873
Professional Fundraising Fees: $0
Other Salaries and Wages: $718,769
For more financial information, click here
What is the mission statement of One Treasure Island?
One Treasure Island aims to establish a vibrant, inclusive community that fosters economic advancement for lower-income individuals, including those who have encountered homelessness. This is achieved through various means, such as offering affordable housing, providing job opportunities, promoting community building, and advocating for their needs. The organization also runs an employment program that offers pre-apprenticeship training for economically disadvantaged individuals, leading to certifications like OSHA 10 and union membership in various trades. Graduates of this program are further assisted in remedying nuisance buildings on the island by trained program graduates.
What is the revenue of One Treasure Island?
One Treasure Island's revenue in 2024 was $3,747,989.
Who are the executives of One Treasure Island and what are their salaries?
The average compensation at One Treasure Island during 2024 was $80,786. There are 11 employees and 96 volunteers at One Treasure Island.
Here are 16 key members and their salaries:
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Where can I find the form 990 for One Treasure Island?
One Treasure Island's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of One Treasure Island
One Treasure Island strives to establish a thriving, inclusive community, welcoming lower-income San Franciscans, including those who have encountered homelessness. They achieve this goal through various means, including affordable housing, employment opportunities, community building, and advocacy. The organization's mission is to create a platform that fosters economic advancement for this demographic, offering a pathway to better living conditions.
To realize this mission, One Treasure Island implements various programs. One such initiative is their employment program, which covers the cost of a pre-apprenticeship program. This program provides training to economically disadvantaged San Franciscans, leading to OSHA 10 certifications and other recognized qualifications. Graduates of this program are also granted membership to various unions in various trades. Additionally, the organization engages in remediation projects by employing trained program graduates to address nuisance buildings on the island. This multi-faceted approach allows One Treasure Island to effectively support its target community and contribute to their overall improvement.
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Impact
July, 2024
One Treasure Island's impact is significant in creating a vibrant and inclusive community on Treasure Island that offers pathways for economic advancement to lower-income San Franciscans. Through its various initiatives, such as affordable housing, job programs, community building, and advocacy efforts, One Treasure Island is actively working to support individuals who have experienced homelessness and are economically disadvantaged in San Francisco. One notable program is the Employment/Pre-Apprenticeship Program, which provides training and certifications to program participants, leading to opportunities for union membership in various trades and the remediation of nuisance buildings on the island. These efforts contribute to improving the lives of individuals and families in need and help in building a stronger and more equitable community.
This information is meant to be a general summary of One Treasure Island. 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 2024.
- Investment Income: $211,207
- Program Service Revenue: $137,897
- Gross Receipts: $4,257,894
Assets and Liabilities:
- Total Assets: $7,441,228
- Total Liabilities: $210,184
- Net Assets: $7,231,044
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Revenue Sharing
Revenue
$137,897
Organization Details
Founding Year
1997
Phone
(415) 274-0311Principal Officer
Tramecia Garner
Main Address
39 TREASURE ISLAND ROAD 166, SAN FRANCISCO, CA, 94130
NTEE Category
Code: P85 - Human services
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